$SNDL Inc (SNDL.US)$ what was i thinking when i bought this ...
$SNDL Inc (SNDL.US)$ what was i thinking when i bought this stock , luckily i am only holding a small bag so losses wont hurt to bad and i can let it ride for a while
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Ced John : You’re supposed to hold
MTPockets OP Ced John : But you don’t want to lose
Ced John MTPockets OP : That’s why you hold. If people buy and don’t panic sell then it will influence the price. During the day a lot of small positions were closing that makes the price fall on the market. The volume ratio is still above 1 which means people are still closing out at a winning position. Hold. Don’t sell if you are panicking.
MstrNobody : exactly, your not gonna make a $hit ton if money over night, this is chess not checkers. $Neptune Wellness Solutions (NEPT.US)$ $SOS Ltd (SOS.US)$ are about to skyrocket hop on while it's early. Read the news see the moves the company is making. Revenue drives stock prices as well. SOS is going to start doing stuff with crypto on Sunday Warren Buffet is in over a mil on this stock, Nept just acquired sprout, one of the fastest growing companies on Amazon, their Revenue over the next yr+ should be amazing.
70133033 : hold it
70133033 : Panic selling is the worst possible thing! Everybody watches like crazy at a spike benefit goes down 20 cents they sell
Adniculer : Example of reasons to hold..... once upon a time, about a week ago, this same stock was having a really good run, and I was heavily invested..... I finally had gotten above the 25k mark to be able to have unlimited day trades. Then this thing tanked fast and and I panicked and sold. I sucked at math and it Dropped me to 24,965 so I couldn’t buy back, And I didn’t have anything else because I only use this account for day trades. The next day, it was up over a dollar and I would have made around 6k..... instead, I had to transfer money into my account and because I was on a pdt call, I also had to wait for it all to clear, so I watched this stock go from less than a dollar to over 2 while I was waiting on my funds to clear and since I don’t learn lessons well and I’m currently 14k down. We will see what happens tomorrow. I’m hopeful but it is what it is. I had this when it was
Adniculer : Had it at 33 cents.... held a bag at 66 cents for over 2 months. Sold and then it went up. I should learn to walk away but I keep coy back
MTPockets OP : Great comments all . Thanks and much respect
NE1else : Look, if you can take whatever losses and put it in something better, do it. Do your DD and see why you would bail, but don’t listen to people telling u to just hold. It’s dumb. They only say that to make their own position better. If you sell the price goes down for them. If you sell and put that money in a stock that goes up, then u win. Don’t chase others picks. If something has already gone up 10% or more, you’re probably too late. 25% or more, you’re definitely too late. Take your loss and move on