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Old 04-11-2020 | 06:24 PM
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What are people’s thoughts..think the rally will hold. Maybe a little dip then rise?...

current market is tough for short sellers...it’s 50:50 on where we go from here. Arguments to be made on either side.

long term you can’t go wrong with current prices...as long as the company doesn’t go belly up.
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Old 04-11-2020 | 06:29 PM
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Originally Posted by 1MOSES1
What are people’s thoughts..think the rally will hold. Maybe a little dip then rise?...

current market is tough for short sellers...it’s 50:50 on where we go from here. Arguments to be made on either side.

long term you can’t go wrong with current prices...as long as the company doesn’t go belly up.
Market prices are telling you what they think of small cap and mid cap companies. Overall they are not recovering. Recovery is in large and megacap.
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Old 04-12-2020 | 03:48 AM
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Consumer spending and stock buybacks are the major contributors to driving the markets to historic highs in many financial professionals opinion.

Unemployment @ 16 million and growing.
1/3 of Americans did not pay their rent this month--with an educated guess that car payments will show the same trend.
All of the major auto makers are shut down due to lack of demand.
Guesstimates that about 1/4 to 1/3 of businesses may not reopen after the shutdown.
Supply chain disruptions as a result of these businesses going under.
Housing sales are predicted to drop 25-35% depending on market.

My best guess is that the recent recovery is strictly an emotional response based on the perception that help is on the way. The fundamentals of business have not changed and showing a profit will be pretty difficult for some time IMHO.
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Old 04-13-2020 | 04:25 PM
  #124  
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Still holding !!
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Old 04-13-2020 | 09:08 PM
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It sure is...but it’s only been a day.

my opinion is most stocks are priced too rich. they would need to drop another 8-10% to peak my interest.
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Old 04-14-2020 | 11:05 PM
  #126  
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PSTI
They are doing a clinical trial at Holy Name Hospital in Teaneck,NJ
The stock is going up rapidly,I think something is up.
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Old 04-15-2020 | 07:34 AM
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Originally Posted by 1MOSES1
It sure is...but it’s only been a day.

my opinion is most stocks are priced too rich. they would need to drop another 8-10% to peak my interest.
write that in your note book and tell us how that works, my TV showed market seems to be running uphill and the DOW is coming back nicely after all jumped ship & Bio techs will be a grand slam
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Old 04-15-2020 | 12:32 PM
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Originally Posted by PartyBarge22
write that in your note book and tell us how that works, my TV showed market seems to be running uphill and the DOW is coming back nicely after all jumped ship & Bio techs will be a grand slam
not sure why you’re responding like a d-bag...like you have a crystal ball. Dow touched -700 today. Seems like they are on stable ground for sure.
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Old 04-15-2020 | 12:32 PM
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Originally Posted by sy goldberg
PSTI
They are doing a clinical trial at Holy Name Hospital in Teaneck,NJ
The stock is going up rapidly,I think something is up.
geeze you called it...up 25%. Nice job. I made few bucks off it. Thanks.
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Old 04-17-2020 | 04:00 PM
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Did you sell before it dropped? Ive always lost money chasing FDA pending approval drug companies. high risk
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