treydongui
DrLove0311
OP
:
glad everything worked out. I was trading trnx above 1.00 for over a year with high hopes. They sensationalized everything. took a big hit here personally. be safe buddy
treydongui
:
part of my learning curve is growing familiar with a lot of these stocks that are under $5 -$10. some of the companies and CEOs have a pattern of this happening and it's not easy to find out which companies they are. and my case it was trial and error and a few hundred bucks down the drain. obviously always learning. there are a lot of new companies with everything going online and now you see things happening with companies like Nikola and fraud allegations. It's not easy. GM almost got caught for 11% of Nikola. now they have the option of getting a bigger share of Nicola based on a lower valuation for totally backing out of the deal. before last week who seen that coming. Could actually be a fraudulent company but it could also be a short selling hedge-fund tactic to get GM a bigger slice of the pie depending on who's telling the truth Nicola or Hindenburg
treydongui : I'm unsure. wish I could help buddy
DrLove0311 OP treydongui : We can sell this now.
DrLove0311 OP DrLove0311 OP : It actually just went up 15%
treydongui DrLove0311 OP : glad everything worked out. I was trading trnx above 1.00 for over a year with high hopes. They sensationalized everything. took a big hit here personally. be safe buddy![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
treydongui : thought about getting back in a week ago. once bitten, twice shy
DrLove0311 OP treydongui : Damn yeah I view it as a lost cause
treydongui : part of my learning curve is growing familiar with a lot of these stocks that are under $5 -$10. some of the companies and CEOs have a pattern of this happening and it's not easy to find out which companies they are. and my case it was trial and error and a few hundred bucks down the drain. obviously always learning. there are a lot of new companies with everything going online and now you see things happening with companies like Nikola and fraud allegations. It's not easy. GM almost got caught for 11% of Nikola. now they have the option of getting a bigger share of Nicola based on a lower valuation for totally backing out of the deal. before last week who seen that coming. Could actually be a fraudulent company but it could also be a short selling hedge-fund tactic to get GM a bigger slice of the pie depending on who's telling the truth Nicola or Hindenburg