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102841866 Private ID: 102841866
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    The markets are on edge at the start of the month after a somewhat strong June. The S&P is down, the Dow is down, and the Nasdaq is barely hanging on, the VIX is up and the 10yr treasury yield is at long time support. This is definitely not a time to open many bullish positions. Moreover we have the following events going on this month. If you are looking for a hedge you can do a number of things here. You can sell calls against your shares, buy Vix calls or UVXY shares, buy QQQ, SPY, DIA puts, buy SQQQ, SPXS shares, buy TLT puts. You don't have to hedge if you don't want to but I prefer having a 1% - 5% portfolio hedge in times like these. The period from July to September is usually a choppy period as well, especially since the markets rallied nicely so far in 2021 and most of the reopening has been priced in. Because of this I will be limiting new bullish positions here and I encourage profit taking a lot more frequently on trades and well before expiration of options.
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    $Castor Maritime(CTRM.US)$ - I know I am about to sound like an utter idiot, however, my butt feel suggest that there is a good chance of it to hit 19 dollars by the end of the year, provided the current support of ~3 remains and the stock continues in this momentum. It looks pretty much ready to take the slow march upwards, just like what home depot did from feb to april, only that this guy will be even slower than that.
    Definitely not financial advice.
    $Castor Maritime(CTRM.US)$ . some people are reporting that there may not be enough shares to short soon. not financial advice.
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    $Castor Maritime(CTRM.US)$
    Since there are so many opinions on this stock, just thought that I should join the fun and give my worthless and biased (hold a portfolio that includes this stock) 2 cents as an unqualified and uncertified person, and please do not treat the below as financial advice -
    I always look to the management to manage the operational risk of an organisation, and to plan on strategies to survive during tough times and exploit the market during better times. I have to say from my limited reading that expansion during this period of time is great, and what is better is the fact that they have incurred minimal debts while expanding. Considering the cost of these ships, it is impressive to say the least, especially when we are comparing them to their competitors.
    Technicals wise, the truth is that the longer it stays trading at this limited zone, the more resistance and support it is building - at the moment, almost every cent seems to have a resistance and support all the way up til 60 cents. With this amount of resistance and support, it is hard to determine how this stock should move, and let us face the fact that most of us with our limited financials will not be able to move the stock drastically. Therefore, I expect a pretty much range-bound trading for the next few days at least, so let us not spread undue fear for the stock looks like it still quite like the current trading range.
    The ...
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    102841866 commented on
    $Castor Maritime(CTRM.US)$ It'll Just Take Some Movement Up And I'm Going To Be Cap'n Of All The Ships! Cap'n Kangaroo 🦘
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    $NIO Inc(NIO.US)$ ... triple bottom? The textbook answer should be simple.
    Note: Very biased comments from a very current investor. Definitely not financial advice.
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    Forming a very nice bottom head and shoulders. A bit more patience and something magical may happen.
    Definitely not financial advice, and I am vested on the stock. Therefore, it is a very biased opinion.
    Fun Times
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    102841866 commented on
    $SOS Ltd(SOS.US)$ got scammed in post market the day before.
    Turned out to be just another pump and dump.
    Guess its bagholding time
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