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one word appeared so I just had to buy, 400 shares plus 400 more

In this post, found that after one word guy appear, $Grab Holdings (GRAB.US)$ price rallied after a while. So putting the hypothesis to the test.
bought 400 share outright, and another 400 using PUT options. In 9 days I may be forced to buy another 400 GRAB at $2.50 each. hope the prophecy on the one word guy is accurate
one word appeared so I just had to buy, 400 shares plus 400 more
one word appeared so I just had to buy, 400 shares plus 400 more
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  • Always Hungryy : what's your point?

  • doctorpot1 OP Always Hungryy : The point is to test out if the trading strategy will work or not, but putting money where my mouth is [undefined][undefined] The hypothesis is based on very small sample size is thay the appearance of shortgrab a lagging indicator that there will be a rally in share price.
    So now that shortgrab appear, grab share price may rally back to 3, if the theory is correct.
    if it is not then it ok as well since it is time to DCA hahahaha [undefined][undefined] if it rally and goes back to 3, then can sell the purchased shares liao, then next time test again [undefined][undefined]

  • doctorpot1 OP doctorpot1 OP : but of course, this cannot be a legit long term trading strategy. the science behind it is too weak unless ... they are actually hedge fund manager trying to manipulate prices down while they are buying. hmmmm hahahahahaha [undefined][undefined]

  • Always Hungryy : if this were a neutral stock in then yeah go for it. but I see this as one that will plummet and company belly up when loans run out. so if I were you I would get out. try your theories elsewhere where there is a better likelihood. this one is headed further down long term.

  • doctorpot1 OP Always Hungryy : that's where we don't agree on. I'm bullish on GRAB where you are bearish [undefined] but I'm always open to conversation so that we all can improve our own models together [undefined][undefined]
    Based on current burn rate GRAB have about 8 quarters left before running out of cash, in which they can easily raise more money. However, all the news is showing GRAB effort to cut down cost to achieve their promise of profitability on 2023. Plus, with the new digital bank arm, that will be a huge cash cow because bank earn a lot of money (can see all banks financial statement).

    so if the hypothesis is true, I will just make a small profit. but if it is false, I don't really care since I'm intending to add more to my position and await the 2023 financial report to show green [undefined][undefined]

  • Always Hungryy doctorpot1 OP : if we go recession, things could get ugly even for the banks. and worse for the newcomers.

  • doctorpot1 OP Always Hungryy : yea with all the risk, I'm pacing out the buy in period hahahaha. but all the crash is the best, that is when the greatest profit is made. Just need to invest in the right company that won't bankrupt and diversify the portfolio too. so when the next bull run come when the war, stagflation, pandemic, etc etc is over, huat big big hahahahahhaa [undefined][undefined]

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