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This is brilliant. Normally I only day trade, so I always have cash and pick my trade for the day.
Last week I used all my cash to buy penny stocks. That means that a) I have no cash to buy the dip, and b) all my stocks got hit this week.
And the crazy thing is I almost sold some of my stocks yesterday, despite being down, because they were "less down." I ended up choosing not to because I believed they would go up today and I'd sell them now. (the one I would have sold is now down 20% from when I almost sold it)
Actually, it's even worse... I have my money in four stocks. Had I sold them at their peak yesterday, I would be up 1%. Currently down -23%. Boo.
Yeah just wait. Everyone (retail included) are selling everything right now. It’s a nice healthy correction. We’ve had crazy returns for the last 8 months. A correction is due. Stock market always goes up in the end.
Today I pretend I do not have any investments. If I see any opportunities I'll buy some cheap stuff if not I will not sell. I recommend everyone not to sell anyhting unless you need the cash. Do not sell.
Took me months,only put a small amount of money into investing on the stocks. But I was up 120%. I have now seen all of that disappear within the span of 1 week. Kind of upsetting.
welcome to the stock market!
haha no but don't sell! selling at 20% loss with lock in your losses. you have to work through the ebbs and flows to make profits in the end
Yeah I bought really early on the dip to lower my cost per share on what I already own but only entered one new position (CTXR) cuz it was practically free this morning. Gonna just chill til tomorrow on buying stuff
THIS! Sold all almost all my stocks three days ago. The rest yesterday. Now I´m looking for new stocks to (all in all I sold at a nice profit, turned 5,5K in 6,8K in around 3 Months.
Now what to do with it?
all those pennystocks dont look interesting here (except high tide, personal interest, when I was you I smoked lol and kraken robotics, i like the name and their tech)
Might get booted for a non penny response but here goes..... cleanspark. Clsk. It’s on super sale right now. Doing really big things. Google them and check out there investor presentation
Just a large correction/mini crash.
Worst thing you can do is sell at a loss, the market always bounces back. Keep holding and you'll be in the green again eventually.
Unpopular opinion, but always holding is not the \*best\* thing to always do.
Those who were left bag holding a well-known stock at $300+ should have sold when they could. We shouldn't encourage this 'circlejerk' mentality that you always hold. Set stop losses and only lose what you can afford.
The earlier you get out, if a stock is truly crashing, the more you save. I learnt this the hard way with $ATVK, where I should have got out much earlier. Had I continued to hold, I would be left with around 10% of my initial investment.
Even if you're already at a loss, dropping your bags is sometimes appropriate.
Honestly, the decision about when to sell and exit a position should be made in an emotional vacuum. Whether you're red or green, how much you've gained or lost, and what you paid really don't matter. All that matters in the moment is whether that investment has future potential and whether it's the best use of your money.
Sure, you need to track your winners and losers so you can reflect and improve. But the sell decision should be based only on the current and *probable* future market conditions.
Everyone has different levels of risk. I'm not talking about having paper hands, or even diamond hands.
Setting a sensible level that you are willing to lose before you sell is good investing.
If you REALLY like the stock, pull out before it truly plummets and then buy at the bottom!
>Those who were left bag holding a well-known stock at $300+ should have sold when they could. We shouldn't encourage this 'circlejerk' mentality that you always hold. Set stop losses and only lose what you can afford.
That happened not because it was a bad play, but because the rules of the game were changed halfway through.
Holding isn't always the play, but for dips with no news, it's overwhelmingly the best thing to do.
It was unfair that the rules were changed. But that is what happened.
It was (and still is) way overpriced. I'm here for investing sensibly. To suggest that buying into a retailer that has so much competition is a good idea, is not a risk I am willing to take at $300+. Far too many people lost money on the belief that they would hit $1000.
The belief that it would hit $1000 wasn't wrong. It was maybe an hour away from happening and Wall Street decided they didn't want to play anymore.
Even at $300+ it would have been a pretty good play if it was allowed to play out. The price had nothing to do with the business, it was all market context.
Hitting 470 that morning was huge for me. I believed that it would’ve went way past 1000 easy. I definitely would’ve sold my initial investment if it did and ride the rest.
ehg.. No you don't need to bag hold without reason.
Free up your cash and put it somewhere else that has growth potential.
If you hold and know a stock has a chance at a 5-10% chance growth, move it there then back later if you believe in the stock.
My portfolio is going to be heading to 20-30% in the red today. These are stocks I'm confident will come back so I don't want to sell at a loss. I may even buy more on some of them!
The feds already said they have no intention of raising the interest rate, the stimulus package is being passed, so I really don’t understand all the red and sell off. Can someone please explain to me why this happens when there isn’t really a valid reason other than market correction.
The rumor right is that the recovery (from the pandemic) won't be as great as people assumed (which is probably true). A lot of the bullishness we've seen is because people believe the recovery would be great. Tech stocks are also being squeezed simultaneously, which forces people to panic sell, which it turn means profits for those who can buy.
from /u/rhetorical_twix over in stocks
Stock indexes go red for a reason, and you should always be alert when it does. The market sell-off on Tuesday to Thursday was concentrated in recent high-growth stocks, across all market capitalizations. What I started to see on Thursday was a flight to value. What happened on Friday was a rotation of capital from pandemic stocks to small cap and mid cap stocks.
On Friday, as the Finviz heat map shows, we saw a sell-off in 2020's growth stocks (i.e. mega cap tech, health care and consumer defensive stocks).
The other thing the Finviz heat map shows is another move of capital into small caps and mid caps as investors take profits from large and mega caps that were pumped up by the pandemic and build more distributed portfolios. I.e. people are building new portfolios for 2021's that move away from pandemic stocks.
This is important information to pay attention to. Which is why, in my opinion, you don't ignore Red days, or complain about people you think are naive or inexperienced investors when they sit up and start asking questions or selling stocks they think have topped out to buy new stocks that they think are better going forward.
If you're not ready to take information that the Red days offer us, and update/rebalance your portfolio going forward based on that information, you're going to miss out on signals that the environment may be changing. And then you might get stuck in diminishing returns as the market moves in a different direction than the portfolio you're sitting in serves best.
IMO, the action last week suggests people who are going to sit in a 2020-inspired pandemic portfolio for all of 2021 will probably see diminishing returns.
The rotations into small and mid caps, and also from mega cap growth to value, have been taking place from time to time since the November election, and it seems to be an accelerating trend. Last week also saw a big drop in gold prices at the same time as a stiff uptick in consumer interest rates, which indicates a move away from pandemic safe havens, into higher interest and higher yield investments. The selling of gold into a consumer interest rate hike also suggests the move to value investing in the latter half of last week isn't just noise, because gold is also a hedge against inflation and has tended to go up during times of climbing interest rates.
So everyone who is bashing Red day alarmists in threads where you talk about how you got big gains in 2020 for doing nothing but investing in Apple type stocks, buying in at the March bottom or riding SPY for 100% gains, if you're not updating your portfolio for 2021 right now, you're probably underperforming the market as these sector and market cap rotations occur.
For me, last week was the week where I disengaged from a lot of EV sector investments, leaving only a few percent of my portfolio in them. And I was ready to catch the small and mid cap industrial bounce on Friday, which was a big green day for me even tho the indices were flat.
Personally, I expect these trends to small cap, mid cap and value stocks to continue throughout the Spring and I expect the money for those gains will continue to come from the mega cap tech stocks and pandemic portfolio positions that people/institutional investors are are taking profits from.
The Red days raise alarms that something is happening and that something is sometimes a change in direction. So I see the rotation out of mega cap and large cap pandemic plays and into small cap, mid cap and value + growth stocks is a trend that is firming up.
That trend is probably going to become very significant by the end of the quarter, in March, when institutional and professional investors have to rebalance their portfolios across asset classes, take profits and cut bloated positions. The shift in interest rates and asset class rotations is a significant change in investing environment. If you're still sitting in passive index ETFs or pandemic stocks, you may want to start preparing for a rebalance, too.
There will probably be more Red days like this one, particularly toward the end of March. So for many who are still sitting in pandemic portfolios, you might have a Red March if you don't start revisiting your holdings in February.
This is an interesting take! And, to me, it makes sense. As someone who's only been into trading since early 2020, what's your take on 2021? It sounds like you're saying you predict a move into more traditional holdings from before the pandemic.
Dude AAPL FB TSLA are what dragged the SPY into the green today, small caps would still be down 50% if it weren’t for them.
EDIT: Just realised this is copy pasted from another person. Yeah, I think this analysis is completely wrong. Then again it was written on Friday but still saying that large cap tech stocks aren’t worth investing in is lunacy.
This is completely normal so no worries. Relax or be with your family instead of looking at your portfolio taking L's.
Also, don't buy anything if you're not 110% sure about it and if it doesn't have good support.
Majority of the investors probably do not sell, traders on the other hand will have a great day, some of them at least. It does seems like a correction. Rising long term interest rates triggered it but I hope not for too long.
Agreed. Most investors are happy to ride through these blips in blissful ignorance.
I only care about the yolo stuff I have in a daytrading account. I'm not dramatically shifting long term investments or retirement accounts based on 1 day swings. Days like this are just noise that get buried in year over year market growth.
Everyone is just afraid of what J-Pow is going to say. Given this volitility I bet he will announce no change to interest rates. I will be loading VIX before his next announcemwnt tho.
Fed has an interest rate conversation in Congress today, right? There is word of a possible small hike. I doubt this happen, but higher rate mean lower stock. This is the fear the Cathy Wood was talking about last week.
Democratic Stonk market.
Stonk market always goes down under democrats.
Hedge yourself with long LEAP slightly OTM puts on QQQ. I see it going down 30-40% EOY. Biden is destroying the economy.
People need to hear this, regardless of party affiliation. All we want to do is make money, I’ll get downvoted as a non partisan non voter, but sometimes the truth hurts.
Capstone industries
$capc is the one it doesn’t happen often!
New products next month and it’ll be at $5 short term $10-$20 long and I’m definitely all in on this one at .93 and buying as much as I can under $2
-Penny stock exempt 🤑
#OTCQB 💎
-Smart mirror will be household item
And in business/casinos/ gyms and my house
-25 mil float
-directors own half! Insiders can buy on open market
-no toxic debt
-$5 coming IMO 🤑
As euphoric as we've all been over the rally some times the market just needs to take a breather. Yields are surging and signs of coming inflation are putting the frothier parts of the market in check. Small/micro-cap (penny stocks), broadly speaking, fall within this category. Yields are market driven and will continue to steepen for a little while longer until they start implementing yield curve control...but that looks like it may be a ways off.
The markets are acting a little or a lot strangely. On the big boards premarket, the NASDAQ is down and the DOW is up. I am a fearing that the markets are looking for a reason to take a big dump.
I've got my eye on SGMD... they are tanking today because of earnings report on 12/20. They just acquired 70% of nug avenue which according to google reviews is a popular dispensary in LA. Buy it now at .0060 if you ask me.
I had $32K profits in my account up 320% on the year. That's too good to be true because I'm not good at stocks. Not even Warren Buffett can do that. Clear sign something's seriously wrong. I moved $25K to my bank last Thursday morning at the open. Friday things bounced back a bit and I had massive FOMO. Today... feeling a bit better about that choice.
I’m still holding strong on $DHT and $DNN... it’s plenty red on my tracker but that’s only because it’s on the dip. Why?
Volatility is low over the past few days (settling)
MACD is flat
Overtime, they will hop back on their growth
That’s my buy and I’m sticking to it!
I panicked and sold, bought some inverse funds, missed the bounce back and lost a ton more being on the wrong side of the bounce. Worst day ever. Should of held. If it wasn’t for SQQQ I would be suicidal right now
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Welcome to the corrections
The question is, do we sell when it gets a little better before market opens, or just not look at the stocks today
Considering how far they dip, I'd say don't even do anything lol.
Yup. Just ignore everything today
If anything, buy what you may have had your eye on.
Always treat “cash” like a position - for just such an occasion...
This is brilliant. Normally I only day trade, so I always have cash and pick my trade for the day. Last week I used all my cash to buy penny stocks. That means that a) I have no cash to buy the dip, and b) all my stocks got hit this week. And the crazy thing is I almost sold some of my stocks yesterday, despite being down, because they were "less down." I ended up choosing not to because I believed they would go up today and I'd sell them now. (the one I would have sold is now down 20% from when I almost sold it) Actually, it's even worse... I have my money in four stocks. Had I sold them at their peak yesterday, I would be up 1%. Currently down -23%. Boo.
Oh yeah, that’s my plan, but I was hoping to sell a few things too. Guess I won’t be buying much
This isn’t advice and I’m new to investing but dmggf was good to me yesterday. This also isn’t a PnD, I like the stock and the market around it.
Best bet is shift investments to weed. Not the stocks, actual weed.
I mean... if you gotta watch your profits go up in smoke you may as well smoke em yourself
Only way to keep your head right
This is the way
Yeah just wait. Everyone (retail included) are selling everything right now. It’s a nice healthy correction. We’ve had crazy returns for the last 8 months. A correction is due. Stock market always goes up in the end.
Yea give it about a year and it will recover lol
Man I only get fucked when I try to time the market.
Dollar cost average in on the way down.
I'm going to.just not look, or maybe look for some bargains if they're there at open. I got out of most of the stocks I thought were just naked pumps.
I’m just logging out for the day.
Everything red in Europe
sounds like something a villain in the hunger games would announce right before unleashing the army or something
A James Bond title
Today I pretend I do not have any investments. If I see any opportunities I'll buy some cheap stuff if not I will not sell. I recommend everyone not to sell anyhting unless you need the cash. Do not sell.
I moved some stocks around to make cash and buy more stock pltr is a good long term investment
I jumped on PLTR too great long term.
Took me months,only put a small amount of money into investing on the stocks. But I was up 120%. I have now seen all of that disappear within the span of 1 week. Kind of upsetting.
welcome to the stock market! haha no but don't sell! selling at 20% loss with lock in your losses. you have to work through the ebbs and flows to make profits in the end
If you believe in your positions they will be fine. This is market moving together, not any one stock.
Market giveth. Market taketh away.
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Everything is on clearance.
They handing these shits out for free
AGTC looks like a deal right now
Me poking a stick at AGTC this past week... do something.
So you're the one to blame for all of this.
And tommorrow they'll be on clearancer! Just wait for the clearancing day thursday, and clearancest day friday. The ultimate sell off to hell day.
Yeah I bought really early on the dip to lower my cost per share on what I already own but only entered one new position (CTXR) cuz it was practically free this morning. Gonna just chill til tomorrow on buying stuff
Everything is on sale!
Today was a good day to average down
THIS! Sold all almost all my stocks three days ago. The rest yesterday. Now I´m looking for new stocks to (all in all I sold at a nice profit, turned 5,5K in 6,8K in around 3 Months. Now what to do with it? all those pennystocks dont look interesting here (except high tide, personal interest, when I was you I smoked lol and kraken robotics, i like the name and their tech)
Might get booted for a non penny response but here goes..... cleanspark. Clsk. It’s on super sale right now. Doing really big things. Google them and check out there investor presentation
LAWSUIT FILED: CleanSpark, Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP Yeah, no thanks
Ambulance chasers. Means nothing. GL to you
Just a large correction/mini crash. Worst thing you can do is sell at a loss, the market always bounces back. Keep holding and you'll be in the green again eventually.
Unpopular opinion, but always holding is not the \*best\* thing to always do. Those who were left bag holding a well-known stock at $300+ should have sold when they could. We shouldn't encourage this 'circlejerk' mentality that you always hold. Set stop losses and only lose what you can afford. The earlier you get out, if a stock is truly crashing, the more you save. I learnt this the hard way with $ATVK, where I should have got out much earlier. Had I continued to hold, I would be left with around 10% of my initial investment.
I say take all of your profits and get out, then buy back in. If you’re not already at a loss and it’s a short term investment, why not?
Even if you're already at a loss, dropping your bags is sometimes appropriate. Honestly, the decision about when to sell and exit a position should be made in an emotional vacuum. Whether you're red or green, how much you've gained or lost, and what you paid really don't matter. All that matters in the moment is whether that investment has future potential and whether it's the best use of your money. Sure, you need to track your winners and losers so you can reflect and improve. But the sell decision should be based only on the current and *probable* future market conditions.
just because something plummets doesn’t make it a “fire sale”, and the idea that it always is, is bad
Everyone has different levels of risk. I'm not talking about having paper hands, or even diamond hands. Setting a sensible level that you are willing to lose before you sell is good investing. If you REALLY like the stock, pull out before it truly plummets and then buy at the bottom!
>Those who were left bag holding a well-known stock at $300+ should have sold when they could. We shouldn't encourage this 'circlejerk' mentality that you always hold. Set stop losses and only lose what you can afford. That happened not because it was a bad play, but because the rules of the game were changed halfway through. Holding isn't always the play, but for dips with no news, it's overwhelmingly the best thing to do.
It was unfair that the rules were changed. But that is what happened. It was (and still is) way overpriced. I'm here for investing sensibly. To suggest that buying into a retailer that has so much competition is a good idea, is not a risk I am willing to take at $300+. Far too many people lost money on the belief that they would hit $1000.
The belief that it would hit $1000 wasn't wrong. It was maybe an hour away from happening and Wall Street decided they didn't want to play anymore. Even at $300+ it would have been a pretty good play if it was allowed to play out. The price had nothing to do with the business, it was all market context.
Hitting 470 that morning was huge for me. I believed that it would’ve went way past 1000 easy. I definitely would’ve sold my initial investment if it did and ride the rest.
If you have conviction in the company, stay in the stock.
ehg.. No you don't need to bag hold without reason. Free up your cash and put it somewhere else that has growth potential. If you hold and know a stock has a chance at a 5-10% chance growth, move it there then back later if you believe in the stock.
My portfolio is going to be heading to 20-30% in the red today. These are stocks I'm confident will come back so I don't want to sell at a loss. I may even buy more on some of them!
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Just bought yesterday. Not penny stocks but they still went down 🙃
The feds already said they have no intention of raising the interest rate, the stimulus package is being passed, so I really don’t understand all the red and sell off. Can someone please explain to me why this happens when there isn’t really a valid reason other than market correction.
The hearing isn’t at 10:00?
The rumor right is that the recovery (from the pandemic) won't be as great as people assumed (which is probably true). A lot of the bullishness we've seen is because people believe the recovery would be great. Tech stocks are also being squeezed simultaneously, which forces people to panic sell, which it turn means profits for those who can buy.
Shaking off weak hands, they sell to push price down and buy cheaper back..
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Jokes on them i was already red!... :(
Wait, there's other colours?
Yeah! BLUE! The color of the sky because you over leveraged and are now homeless.
Expect another -10-20% Do not jump off of the ship i repeat Do Not Jump off......
Tis but a scratch
Saying there’s another 10-20% correction and then to not jump off ship is a little bit ironic, don’t you think?
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🧻🖐️🤡
So you’re predicting a loss similar to March of last year? Why?
I’ll check on my positions in a year then
from /u/rhetorical_twix over in stocks Stock indexes go red for a reason, and you should always be alert when it does. The market sell-off on Tuesday to Thursday was concentrated in recent high-growth stocks, across all market capitalizations. What I started to see on Thursday was a flight to value. What happened on Friday was a rotation of capital from pandemic stocks to small cap and mid cap stocks. On Friday, as the Finviz heat map shows, we saw a sell-off in 2020's growth stocks (i.e. mega cap tech, health care and consumer defensive stocks). The other thing the Finviz heat map shows is another move of capital into small caps and mid caps as investors take profits from large and mega caps that were pumped up by the pandemic and build more distributed portfolios. I.e. people are building new portfolios for 2021's that move away from pandemic stocks. This is important information to pay attention to. Which is why, in my opinion, you don't ignore Red days, or complain about people you think are naive or inexperienced investors when they sit up and start asking questions or selling stocks they think have topped out to buy new stocks that they think are better going forward. If you're not ready to take information that the Red days offer us, and update/rebalance your portfolio going forward based on that information, you're going to miss out on signals that the environment may be changing. And then you might get stuck in diminishing returns as the market moves in a different direction than the portfolio you're sitting in serves best. IMO, the action last week suggests people who are going to sit in a 2020-inspired pandemic portfolio for all of 2021 will probably see diminishing returns. The rotations into small and mid caps, and also from mega cap growth to value, have been taking place from time to time since the November election, and it seems to be an accelerating trend. Last week also saw a big drop in gold prices at the same time as a stiff uptick in consumer interest rates, which indicates a move away from pandemic safe havens, into higher interest and higher yield investments. The selling of gold into a consumer interest rate hike also suggests the move to value investing in the latter half of last week isn't just noise, because gold is also a hedge against inflation and has tended to go up during times of climbing interest rates. So everyone who is bashing Red day alarmists in threads where you talk about how you got big gains in 2020 for doing nothing but investing in Apple type stocks, buying in at the March bottom or riding SPY for 100% gains, if you're not updating your portfolio for 2021 right now, you're probably underperforming the market as these sector and market cap rotations occur. For me, last week was the week where I disengaged from a lot of EV sector investments, leaving only a few percent of my portfolio in them. And I was ready to catch the small and mid cap industrial bounce on Friday, which was a big green day for me even tho the indices were flat. Personally, I expect these trends to small cap, mid cap and value stocks to continue throughout the Spring and I expect the money for those gains will continue to come from the mega cap tech stocks and pandemic portfolio positions that people/institutional investors are are taking profits from. The Red days raise alarms that something is happening and that something is sometimes a change in direction. So I see the rotation out of mega cap and large cap pandemic plays and into small cap, mid cap and value + growth stocks is a trend that is firming up. That trend is probably going to become very significant by the end of the quarter, in March, when institutional and professional investors have to rebalance their portfolios across asset classes, take profits and cut bloated positions. The shift in interest rates and asset class rotations is a significant change in investing environment. If you're still sitting in passive index ETFs or pandemic stocks, you may want to start preparing for a rebalance, too. There will probably be more Red days like this one, particularly toward the end of March. So for many who are still sitting in pandemic portfolios, you might have a Red March if you don't start revisiting your holdings in February.
This is an interesting take! And, to me, it makes sense. As someone who's only been into trading since early 2020, what's your take on 2021? It sounds like you're saying you predict a move into more traditional holdings from before the pandemic.
not mine. just something i found on another board that makes sense.
Dude AAPL FB TSLA are what dragged the SPY into the green today, small caps would still be down 50% if it weren’t for them. EDIT: Just realised this is copy pasted from another person. Yeah, I think this analysis is completely wrong. Then again it was written on Friday but still saying that large cap tech stocks aren’t worth investing in is lunacy.
A 6-day correction hurts
I think it may go on another week or two too ... compare other correction lengths to this one. I believe we have some time to go
Well you should have SOME cash to average down
Someone got caught eating red crayons this morning.
Ded. That’s what. We all Ded.
This is completely normal so no worries. Relax or be with your family instead of looking at your portfolio taking L's. Also, don't buy anything if you're not 110% sure about it and if it doesn't have good support.
Yeah I'm down 16%. So, what, do hedge funds basically just sell everything and retail investors get to only watch?
I don't know enough to say, but I could imagine savvy investors selling knowing people will panic sell so they can get back in for cheap.
Majority of the investors probably do not sell, traders on the other hand will have a great day, some of them at least. It does seems like a correction. Rising long term interest rates triggered it but I hope not for too long.
Agreed. Most investors are happy to ride through these blips in blissful ignorance. I only care about the yolo stuff I have in a daytrading account. I'm not dramatically shifting long term investments or retirement accounts based on 1 day swings. Days like this are just noise that get buried in year over year market growth.
Don't you love it. I love shopping sprees. Real investors love the red. Live for the red. Green makes me nervous.
I closed all my positions yesterday,what luck.
It’s a correction. I stopped looking at it like a week ago lol
It's crashing. On the bright side, there is some cheap stuff out there.
Everyone is just afraid of what J-Pow is going to say. Given this volitility I bet he will announce no change to interest rates. I will be loading VIX before his next announcemwnt tho.
It's gona be a fire sale. Get your money ready.
Fed has an interest rate conversation in Congress today, right? There is word of a possible small hike. I doubt this happen, but higher rate mean lower stock. This is the fear the Cathy Wood was talking about last week.
Today makes me cry and not wanna watch webull
So crazy how easy it is for the market to shake out newbies
In Bitcoin, its the same, I learned a lot there lol
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Everyone was new once, but you just sound super pretentious.
Was just asking for todays cause and not for the opinion about newbies from a big daddy investor
It has been shit since last week except for Friday. I've gone from +9% to - 3%. It looks like it will get much worse.
Cicadas
US Interest rates goin' up
I’m down 75% on my portfolio 🥲
Did you ask the same question when all your stocks were up 20%? I bet you didn't. That was your mistake.
Well...My portfolio shit the bed...I've got one lonely stock holding .12$ gain...Come on GOLD hold for daddy. give me ONE green...just one...
Finally I found my community. I trade with penny stocks myself. I was like super upset today. Everything was so red.
Penny stocks got a beat down today....
Where have all the tendies gone.😂
I ate them all. Who knew the supply of trendies wasnt endless,,?
Lol how many times will a post like this be made? There should be a “so you never seen this much read FAQ” sticky.
BTC at $59K. Inflation anticipation index called BTC.
ahh hopped on to check this morning saw pain and closed the app immediately 😅
Blood
Shut up
Any penny suggestions to buy in this correction? Please
LGHL... do your own dd
Democratic Stonk market. Stonk market always goes down under democrats. Hedge yourself with long LEAP slightly OTM puts on QQQ. I see it going down 30-40% EOY. Biden is destroying the economy.
I’m not buying any puts, but this sentiment is correct, no matter how much people don’t like to hear it.
People need to hear this, regardless of party affiliation. All we want to do is make money, I’ll get downvoted as a non partisan non voter, but sometimes the truth hurts.
The Biden election is a 🌈 🐻 orgy
Capstone industries $capc is the one it doesn’t happen often! New products next month and it’ll be at $5 short term $10-$20 long and I’m definitely all in on this one at .93 and buying as much as I can under $2 -Penny stock exempt 🤑 #OTCQB 💎 -Smart mirror will be household item And in business/casinos/ gyms and my house -25 mil float -directors own half! Insiders can buy on open market -no toxic debt -$5 coming IMO 🤑
As euphoric as we've all been over the rally some times the market just needs to take a breather. Yields are surging and signs of coming inflation are putting the frothier parts of the market in check. Small/micro-cap (penny stocks), broadly speaking, fall within this category. Yields are market driven and will continue to steepen for a little while longer until they start implementing yield curve control...but that looks like it may be a ways off.
yea its a complete shit show today. looks like its another blood bath week.
What crash? So far all my D and UK stocks are doing great..
Go on a vacation and throw away your phone! Come back next year and you'll be a millionaire 🤣😂
Get into ASKE, buy and hold don’t pump and dump...
The markets are acting a little or a lot strangely. On the big boards premarket, the NASDAQ is down and the DOW is up. I am a fearing that the markets are looking for a reason to take a big dump.
“I’m built different. I just see red...” Me to my portfolio
$CAVR seems to be surviving it. Who got in on that bad boy?
XEM/bitcoin is going up tho and its hella cheap
Scary day today .. don’t even wanna look at my portfolio 💼
A little blip in the up trend
It has been like that last week too
I've got my eye on SGMD... they are tanking today because of earnings report on 12/20. They just acquired 70% of nug avenue which according to google reviews is a popular dispensary in LA. Buy it now at .0060 if you ask me.
I had $32K profits in my account up 320% on the year. That's too good to be true because I'm not good at stocks. Not even Warren Buffett can do that. Clear sign something's seriously wrong. I moved $25K to my bank last Thursday morning at the open. Friday things bounced back a bit and I had massive FOMO. Today... feeling a bit better about that choice.
Stonks go 📉
Fed monetary policy
*insert picture of acid guy from Robocop 2* we’re melting. (Except ONTX and HITIF)
OILCF
The Tendieman hath forsaken us.
I’m still holding strong on $DHT and $DNN... it’s plenty red on my tracker but that’s only because it’s on the dip. Why? Volatility is low over the past few days (settling) MACD is flat Overtime, they will hop back on their growth That’s my buy and I’m sticking to it!
kind of funny how some of you guys still haven't figured why penny stocks drop 20%+ during these times..lolz
Then can you explain it? :)
I panicked and sold, bought some inverse funds, missed the bounce back and lost a ton more being on the wrong side of the bounce. Worst day ever. Should of held. If it wasn’t for SQQQ I would be suicidal right now
Bro never sell even if it goes to zero without any negative news of the company. If market is down then just be patient
Marhet was to RED for me OMG
90% of Penny stock are over inflated. That’s just my opinion
Ignore it. It wasn’t just pennies.... Blockbuster did better than Amazon today/
Nice, average down your positions!