I thought it would be a one day correction, I Didn't think a 2% move would close my positions.
John Howard
Honest question to anyone continuously shitting on stuff like IVR, SSL and AMPY: what makes you think you're smarter than the institutional investors? Do you have some information they don't have or are you just being a contrarian on Zig Forums? They've been buying up armloads of these companies over the last couple months and I'm almost 100% confident they aren't doing it to lose money
CLF (Restarting mine operations and make 42% of iron ore pelletization in USA) REFR (Two new plants and volume coming later this year/next year stock with under 1 billion market cap would be 10x current PPS) MRO (Oil rebounding from all time lows, this is good entry into oil and has lot more room for growth compared to MPC) SSL (Processing needs rising, Lake Charles plant will be finished soon, South Africa just reopened PLUG (Huge heavy debt load, this is more speculation play, however PPS could potentially double)
Jace Robinson
/gd/ is that way
Henry Kelly
AHHHHH THE RALLY IS GOING TO FAIL AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Institutional investors buy literally everything because you can short or long anything
Benjamin Gutierrez
SPY bouncing around 0% but airlines, oil, cruises etc up >5%
Are people getting back into them ahead of next week?
People don't tend to buy strong Friday, but there seems to be a transfer back into these stocks along with the big declines the last few days being stopped
I don't shit on SSL, but institutions own everything user. I guarantee you there's institutions buying every equity regardless of quality as a small part of some unknown strategy. If Vanguard or whoever bought a 4% stake in some shitty REIT tomorrow we wouldn't know if it was for the holdings or even a hedge for some fund or if it was a legitimate long term hold.
CLF - will be shit for the next 2-3 years + will forever be shit compared to foreign companies who have lower base costs REFR - pump and dump MRO - decent company, but you should've bought in March. SSL - pump and dump PLUG - hydrogen batteries are not the future, it's a dead end.
Josiah Nelson
Your efforts are futile, janitor I post cunny as I please