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Get on the bus in RXRX
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Money making machine 💵💵💵
Those who follow I want them to be happy and rich :)
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Coach Donnie : Let’s GOOO
72786071 : I have been on the opposite side of this trade. I have been trend trading this stock at 5.8 to 6.60 for awhile and have done quit well! I missed out on the community boosting it up with the news of buying the UK company but still has hurdles. When I saw over 9, I went in heavy shorting. Then it dropped to 8.84 so I added more! I still see this a 9.10 as an opportunity to short after the big accession. It is pretty much of at an a real high now. I am going to study the trend to see if a big drop. Please tell me what you think if you have more information.
Thanks
Big bull Salvekar OP 72786071 : They are now only company in bioinformatics
72786071 : I know a lot about the company and believe it is a winner. Nvidia owns a bunch. i keep a portfolio in Wells Fargo for long term.
I have just started the trading and have made some bad moves. Do not believe in shorting the highs? And i agree this might not be the high but historically it drops pretty good. I normally trade in lots that are high so if i make .50, that is okay??
Big bull Salvekar OP : Shorting is always risky as your holding or averaging capacity is less. I have burnt my hand shorting stocks. I feel if the company is growing then at some point you will see returns
72786071 : As soon as i can get out of this short, i will get on the BUS. Would appreciate any advice you could share. I saw your chart.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I hope my trend trading works. i know it has catalysis now with Cathy Wood’s interview and buying in. Plus the merger with the Pharma company in UK. i want to believe that the news will cool down and it will take a dip, plus people will take profits.
Thoughts
72786071 : Just reviewing your comments. I am just getting the hang of the community stuff. I have taken note that you are very knowledgeable and intuitive. Please do not block me b/c i need to learn and seem like the guy that is willing to advise. You warned me and i didn’t heed your advice. I appreciate your response. Going to be in a mess tomorrow. I might should bit the bullet and get a new position to ride to $10 as you said.
Thanks