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https://apple.news/AQWKmjOGoRTSZr6xRkzjimw
Things do go in cycles, and I’ve found this guy is pretty good. So should be a good week for the hardest hit stocks. I have a lot of them in my portfolio and all are doing well so far today
It’s not about people having issues with different opinions, it’s the attitude of most of those who short being quite obnoxious about it while they are winning, and obviously it’s a bit of a sore one for those who are long while it’s happening, but those who are long just don’t care about short so much as they are long for a reason. So to get 100 messages a day from nonsense “sell now” “19p by tomorrow” etc is just so annoying and pointless, and ultimately if you time your short wrong you are proper f*****. Time your buy wrong and it goes up eventually then you are less f*****
It’s actually called bouncebackability
They already come out and said they aren’t closing pubs for schools. The kids don’t drink in the pubs anyway. Hahaha. I wasn’t expecting the rise either, but from what I gather, they have been doing pretty good business in the pubs and bars. And second wave seems to be w a theory but the other theory is it isn’t seasonal. Also, people just don’t care enough anymore and want their life back!
Yeh not too concerned about Dow per se. Maybe a correction on tech but maybe not. Long term (10 years), diversify and take profit if you do get some quick gains if prob the best view atm.
Whatever you do, I wouldn’t go anywhere near the covid stocks and defo not GDR. Too many playing those games and not sure which one will make it and even if they do, they got to make money out of it. SNG will come crashing down soon. If you make money on those. Get it out ASAP
Cheers guys. Some really good views and food for thought. Less is more sometimes. But then if you hit the top and buy on a drop you are laughing. Guess you just have to have reasons for doing what you’re doing and be happy with that and making money. There are some good ppl on this board. Other boards are toxic as anything. Cineworld is a shocker.
Either way it’s a good thing results are coming out. Bad news means it’s all known. It’s out there and it’s a known quantity. Makes it easier. No more guessing and SP will react, which provides opportunity but as long as there is enough of a clear message and way to survive, it will come back up. If better than expected, well that’s simple.