• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Misc Stock Market

snowlover91 said:
I've played stocks like TELL many times before, I'm not planning to hold it long term and become a bagholder. The news this AM about the offering stinks but I also anticipate this bouncing back when the offering closes. It has been my experience that these offerings usually provide a nice floor and near the end of the offering you'll get a nice pop from traders who look to play the stock as the offering closes. INMB was a recent one I played that way, offering was to $10 and it dropped from the 20s down to $10.50-11 range and then popped up to $14-15 after the offering closed.
Click to expand...
Yeah that was a low blow offering. I was a little surprised.
 
Lickwx said:
Well looks like the conference was a big nothing burger , it’s going even further down if anything .
Click to expand...

News from the conference was good, not much new info out and I don't expect much upward price action to occur until the offering closes. At that point we should see a nice bounce if it follows most offering plays.
 
What was the news that caused ASNA to do that? Lmao if I didn't care about capital gains taxes, maybe I should've played here but I also had stuff to do this morning.

In other news I was somehow barely up on your 2nd decently red day in a row (first in I don't know how long?). I won like 10 bucks on starting a position in Microsoft lol but I'd have been barely up even without it. Diversification works when the market's not in total panic mode.
 
You must log in or register to reply here.
Back
Top