It is starting. The continuation of the market melt down is just around the corner. Just like I said the FED will step in again. I made the same call in December 2021 and then the feds stepped in and the markets crashed hard. This was a fake bull run this year and it will fizzle out and crash hard as recession finally kicks in and hits the markets. Get ready and don't be a sucker again, have those stop losses in all your investments. Here is a BIG RED SIGNAL. The financial sector is already cashing out and crashing hard in the US. Smart money are cashing out of all the banking stocks. The retails are going to get fleeced again and this time even worse than 2022 crash. It is going to get ugly going into the summer like I have always said. Don't listen to morons like the treeplanter who have only been in the markets since 2019 and only invested in one stock and avoid fraudster like sunsadtroll. These clowns know nothing about investing. That is why I always try to call these clowns out when I see these absolute morons giving stock advice. Once again, be careful and don't get fleeced again. Have those stop losses, be patient and you will get a chance to buy everything cheaper down the road.
As far as WELL goes. This run has nothing to do with the fundamentals, it is just professional traders and big bag holders taking advantage of the federal health plan announcement and the tech sector dead bounce. Nothing else. Don't let the clowns here tell you otherwise. You can already see many new pumpers coming out the woodwork and the old pumpers coming back. Their message is always the same, oh they are buying more, they are adding, cover your shorts, manipulation, you will miss out, etc, etc. Same old nonsense that pumptards pumps all day in every other boards. Anyways, for now, watch this trend close in WELL at the moment, they are trying very hard to keep the price up and run this into earnings. So they can run a huge promo. But I think the FEDs will ruin this pump with a 50 basis point rate hike that will completely tank the whole markets. Move your trailing stop losses up. The trend is still up but can change fast as the markets tanks. So keep and eye out on $4.30 and $4. If that breaches that means the pros are exiting and then the profit takers are going to pile on and then bagholders will exit. Once again don't give back your profit from this trade from the run the last month. Everyone is holding on for the earnings because the promos promised profits. I highly doubt it. But who knows. I still have no confidence in the management based on their history with BBTV/HIRE. Anyways, good luck all. Don't be a sucker in the coming crash that is approaching fast. Stay away from clowns.
Here was my call in dec 2021 before the crash. I am calling the continuation of that crash that is coming.
BudFoxx2020 - (12/2/2021 9:20:03 AM) Market Sentiments...
Not about WELL, just my point of view in general about the markets. We are in the beginning stage of a BEAR market. Yesterday DOW reversed a 400 points gain to close down 450 points, a swing of 850+ to the downside. Every single ticker I was following was red with huge volume. The smart money was dumping everything at the bid, they know, which tells me an interest rate hike is imminent along with tapering. Anyways, my point is be careful and protect your gains if anyone still have them in any investment. We were in a 12 year bull market, it will only take weeks or months to wipe everything out. Like I keep saying, the markets are not the same as the 90s, we are in the internet age where the markets just moves too fast. Don't be that fool that rides the BEAR market all the way down, then have to wait 10 years just to break EVEN. This is 99% of the people that invest in the stock markets. Hyper inflation, Omicron, China's housing collapse, new lockdown, Feds tapering, interest rate, etc. The MARKETS are always right. All the signals are there telling you and warning you. Yet people can not see it until its too late. There is no bottom in a bear market, everything gets slaughtered. Anyways, I hate to sound so negative but I always call it as I see it. I have been through 2 bear markets (2000, 2008) and have paid dearly for them and learned a very valuable lesson. Anyways, good luck all and be very dilligent. Do not buy or average down in a bear market. This is not tax loss selling, this is smart money liquidating the whole markets under the guise of tax loss selling. Cheers all.