RIOT stocks and similar are moving, it has been following btc craze, I am just moving contracts but these crypto mining related stocks are seeing interesting volumes as btc date approaches, and it's a little safer than getting btc stuck on a shady exg. I don't have a PT on the stock, but it has been moving, Obviously not financial advice and I'll probably be fully cashed out way ahead but just mentioning. If you try it be careful and definitely watch it. Very much news like move/hopes, but I'll play along while I make money
On RIOT? I'm thinking about continuing to move contracts, I expect the news/hype to continue. But just didn't want anyone to jump in etc. and forget it. I think long term it could work
I'm watching DBX, I expect it to increase next week, this is based on a bit of speculation so still looking at it And of course if looking for small cap trash, SHIP, haha Definitely don't just jump in on either though w/o DD
I typically won't play Amazon because of the cost, and since it's so high the % increase is not likely to go up a lot at one time vs the smaller stocks, obviously once it inevitably splits it'll probably be easier to buy-in and see easier % gains. I mean if you invest and forget it, I'm sure it'll make money, short-term I'd think it'll dip some from the gains during Corona assuming the other businesses open up and can create small competition, if bad news happens, Amazon could easily gain more sooner. But, long long-term I don't see it being bad, it's probably going to move, split and move more. The thing is though at 1 share for $2375 and it being up, it'll probably fall in short term if businesses open, obviously amazon is still a mammoth and I'm not betting against it, but @ 2375 a share, I'd probably be more likely to double my profits off options plays or smaller stocks working up from Corona lows.
I remember oxbow lakes from jr. high, I think, but didn't even notice the graphic was showing the formation of one.
I got in on Amazon at around $967. I just wish I would have put more in it at the time because it's only gained 145%. I also think BABA is getting an unfair shake. It's funny because, if you look at the target estimate for it, it's well over a $1000 a share. I'm hoping that it's going to take off one day. I'm in it for the long.
I've already posted screenshots of my Amazon sadness, but I did get in on BABA right after their IPO and bought more when it dipped back down under $90 later. I don't foresee myself selling that stock anytime soon, but ya never know. Why do you think it's getting an unfair shake? It almost tripled before all the trade wars and the COVID garbage. As long as they can recover from those 2 things, they'll be alright.
Mainly, all the bad vibes from the trade war like you said. BABA stock hasn't really done sh_t in 3 years. It's just hovering. Meanwhile, their business is expanding outside of China and taking off.
I really enjoy the times trash plays pay money, forget DD, just buy into trash and it'll work out... As long as it's not JCP - That's worse than trash though. On a more serious note, still sucks to see another bankruptcy - jobs/stores gone etc. Not that they've really been relevant but not good to see, especially as competition falls off from other stores closing.