Post by
Coins2paper on May 17, 2022 5:37pm
Who's here?
Thers a couple of reason why poster's go to billboards to talk trash, either they sold out too cheap or they are trying to get people nervous to sell and the other move is to put up a large order to sell to put pressure on holders to sell cheap because none of this make sense.
When I hold a position the last thing that I would do is to bash the company and if you have a few hundred thousand shares putting the large block up for sale will work agaist you so if your trying to sell what you would do is just put smaller blocks up for sale. I'm not telling anyone anything new.
No one can be a 100% certain which way a stock will move but I alway buy into companies who have cash and revenues because at the end of the day thats what makes a good investment.
XLY is now in the position to grow revenues and add value.
Now if XLY lost revenues I would worry but thats not the case here they hold the #1 position in areas where continue growth in sales should sooner or later be reflected in a higher SP
I'm adding to my position.
Comment by
stockman2021 on May 17, 2022 6:09pm
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