short term trading for me is not the objective, but rather the result of taking advantage of specific points in time. e.g I knew $Robinhood (HOOD.US)$ would sell off right after earnings and continue right after December 1st and I bought puts right before earnings. how did I know? I read news articles about ribits capital wanting permission from the SEC to sell early and I researched the SEC disclosures. I was rewarded very well. Reading everyday and understanding what's going on is very important to gain alpha.
7
$Qualigen Therapeutics (QLGN.US)$ pumping before dumping everything before the close. be careful.
5
$Qualigen Therapeutics (QLGN.US)$ it'll probably flush before the close. be careful if you're already up big.
$Standard Lithium Corp (SLI.CA)$ $Standard Lithium if you sold, you did the right thing. the company's existence is due to one thing and one thing only which is prove their tech works and their partner will build them a real plant for them to make a lot of money. but it seems the company was instead lying about the results, similar to what theranos did. early on many were skeptical but I do have to say congrats to blue orca for investing time and money to get the smoking gun which proved what many suspected months ago. I also avoided the company due to the earlier suspicions about it's tech. blue orca did us a favor. their test run is dead in the water at 13% and any investor willing to give them millions to transition to a traditional plant will think long and hard before following through. first, the company will need to deal with the SEC for defrauding investors and lying. good luck.
1
$Karyopharm Therapeutics (KPTI.US)$
big dump coming on November 30th when it's removed from the index. lots of new bag holders will be minted.
big dump coming on November 30th when it's removed from the index. lots of new bag holders will be minted.
![don't be a bag holder.](https://ussnsimg.moomoo.com/1637046698595-71252701-android-org.png/thumb)
![don't be a bag holder.](https://ussnsimg.moomoo.com/1637046698626-71252701-android-org.png/thumb)
3
according to warren buffet, he sells when a better opportunity presents itself for a cheaper price and he needs the money for the transaction. he also sells when there's a fundamental change in the business or change in the competitive landscape. you buy for one reason and one reason only, you believe the price is going to go up.
losing money year after year, issuing shares regularly, missing earnings date, and doing business with companies with a history of fraud/misleading investors. e.g if you read $WiMi Hologram Cloud (WIMI.US)$ disclosure they cite frost and Sullivan multiple times. if you research who the analytics company is they seemingly have a knack for telling companies how good their products and services are when in reality it's not true.
1
IPO-it's probably overpriced. I haven't gotten around to checking if moomoo offers IPOs but the ones that are usually available to retail are just crap. very few good deals are available to retail. what the SEC should do is create a rule that says companies who are going to IPO should say aside a minimum percentage for retail.
I didn't choose the most liked option in the post because stock picking is not a good recipe for success in the long term for most investors. In the long term time and time again riding the wave of the indices and growing with the market has been a recipe for success. Give John bogle's book the little book of common sense investing a read and see how easy it is. You don't have to worry about TA, fundamentals, hocus pocus etc. it's quite simple and uncomplicated for beginners to learn and grow as an investor rather than trying to stock pick with the big boys and getting wiped out.