Down but about to rebound? Only stock picks
- Thread starter morris
- Start date
Tug life
I stay fly like a guillemot
Stock buybacks are essentially the only thing holding up the market right now and the blackout period begins in late March to the month of April. I expect the market to be very volatile next month and we'll see great buying or shorting opportunities when prices fall depending on if you're bearish or bullish.
Me personally, I will swing TVIX index I've been watching it for a while, but all you have to do is read the charts. When there is massive selling and volatility this stock grows very. You just have to time it correctly. TVIX is not a stock you invest in but it's one you trade classic buy low and sell high but in a short amount of time I would only hold the vix on a uptrend for about 3 weeks at most but that's just me. I bought at $25 I think I'll see $45- $50 by mid April
Me personally, I will swing TVIX index I've been watching it for a while, but all you have to do is read the charts. When there is massive selling and volatility this stock grows very. You just have to time it correctly. TVIX is not a stock you invest in but it's one you trade classic buy low and sell high but in a short amount of time I would only hold the vix on a uptrend for about 3 weeks at most but that's just me. I bought at $25 I think I'll see $45- $50 by mid April
ahomeplateslugger
Superstar
I was following the stock then all of a sudden it’s gone. What does this mean for the company? I was waiting to buy at 1.50 but missing out making me feel like dumbo.
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I bought crmd a while ago based on your post. Thanks breh.
Yahoo is now part of Oath
It had a 5 to 1 reverse split. If you had 5 shares before the split you have 1 now at the combined price of the 5. It's down 7% since opening.
It wasn't my post. I bought because other posters here promoted it. I've been thinking about buying more because it's so cheap.
BaldingSoHard
Veteran
In today's episode of Stocks I probably shouldn't buy but am going to anyway...
I'm gonna drop $100k on CLM, brehs.
It's basically a ponzi scheme that's upfront about being a ponzi scheme. As long as I can get in and get out without being the last man holding the bag, I think I'll be alright.
$.21 per share monthly dividend is too good to pass up.
Someone talk me out of this.
I'm gonna drop $100k on CLM, brehs.
It's basically a ponzi scheme that's upfront about being a ponzi scheme. As long as I can get in and get out without being the last man holding the bag, I think I'll be alright.
$.21 per share monthly dividend is too good to pass up.
Someone talk me out of this.
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20% yield on cost is unsustainable. You might get that dividend now but it probably won’t last that long.
C
Careful with closed-end-funds like CLM. It is actually trading at a premium and the majority of the dividend is simply return of capital. You would be better off just investing in the S&P.
Careful with closed-end-funds like CLM. It is actually trading at a premium and the majority of the dividend is simply return of capital. You would be better off just investing in the S&P.
BaldingSoHard
Veteran
Yup I came to the same conclusions. Figured I'd hold for 6 months just to get some quick cash and bounce.
But when you say "trading at a premium", what do you mean?
Tug life
I stay fly like a guillemot
BaldingSoHard
Veteran
My uncle has been in for 5 years. He was doing DRIP but just started taking the dividends as payments. We'll see.