Post by
tankumo on Aug 27, 2022 12:31am
stock performance
One stock trader guru in the past was saying the general market condition is critical, if the general stock market is not doing well, he said don't buy stocks, the odds is against the trader. I say DM is performing well in this bearish condition. In my opinion the market still has room to fall, by one measure S&P 500 has to go down to 2500 or below before the market bottoms. You can disagree with me but I have my own way. This morning I started shorting gold stocks, and I will add inverse ETF for tech or general market later on. With the market in downtrend DM will need great news to go up, The hike of interest rate and US dollar bull trend are not done yet, therefore I am staying short. As for DM I say it is a developing company and I trust MG, and I also see more verticals are coming in the future. if the stock goes down more I might buy more, BUT I AM NOT SELLING A SINGLE SHARE. JMHO and I can be wrong of course.
Comment by
Iamapothead on Aug 27, 2022 12:42am
I agree with a lot of what you say. I also have no plans to sell shares anytime soon. However, Marshall can't get off of this slimy exchange soon enough. It's time to start demonstrating that we are worthy of investment by bigger fish.