ARMArm Holdings
124.280-0.570-0.46%1.89M234.21M124.920124.850125.500123.100130.99B15.32B1.05B123.31M+3.81%+11.47%-9.09%-5.70%-13.10%-10.14%+0.75%--1.53%162.67422.721.92%Semiconductors
WRDWeRide
16.110-0.400-2.42%714.80K11.52M16.46016.51016.60015.8504.58B124.73M284.53M7.74M-3.99%-1.23%-27.85%+9.67%+3.94%+3.94%+13.61%--9.23%LossLoss4.54%Software - Application
RXRXRecursion Pharmaceuticals
6.530-0.260-3.83%11.99M78.72M6.7406.7906.7556.4652.62B2.50B401.99M382.61M+2.19%+7.76%-19.78%-9.81%-0.91%-37.99%-3.40%--3.14%LossLoss4.27%Biotechnology
APLDApplied Digital
7.440-0.550-6.88%23.74M182.40M8.0407.9908.0707.4001.66B1.28B222.90M172.48M+6.13%+16.71%-5.82%-15.17%-9.82%+68.71%-2.62%--13.76%LossLoss8.39%Information Technology Services
NBISNEBIUS
27.170-2.020-6.92%10.46M290.02M29.00029.19029.35026.9106.41B5.23B235.75M192.49M+5.84%+6.76%-20.58%-3.81%-40.92%-59.76%-1.91%--5.44%LossLoss8.36%Internet Content & Information
10baggerbamm : let's suppose it goes back down to $6 or 5.90. so what the market volatile and stocks move up and down and it has nothing to do with their fundamentals their underlying business 99% of the time.. it's $6.50 today let's suppose you put a lemon order in at 6:00 and after the Bell today hypothetically this company comes out with a news announcement that sends the stock back to $12 like it was earlier this year. I can guarantee you you're going to feel like shit because you're stepping over dollars to pick up pennies. we've seen a horrible sell-off in the market over the past 100 days and small caps get punished the most.. they typically are illiquid they are the first to be sold when there's a margin call against the larger company that's falling that creates the call. smaller cap companies typically are momentum based which means when the retail buyers stop buying they fall. add it all up what the hell is 50 cents mean at the end of the day if you buy a thousand shares and it goes down 50 cents you lost 500 bucks big fucking deal but if the news announcement comes out that sends a stock up three or four dollars I assure you you're going to kick yourself.. so what I would say is buy half of your position here you got skin in the game and now if there is that potential news announcement at least you have the ability to generate a nice return.. if you buy it here and over the next week it gradually trades down to six bucks you get to buy the balance of your position you'll average out at 6.25 a whole 25 cents difference means nothing on this stock when it moves. I've said it before I'll say it again you can't put points on the board by sitting in the dugout and telling the person that bat what they should do you got to get your ass up you got to stand beside the plate and you got to swing. that's the only way you're going to hit the ball that's the only way you're going to get on base and that's your only chance of getting a home run
Sydney Pope OP 10baggerbamm : Il wait and see if it drops below 6. been short selling lots of stocks and looking for more victims XD.
thing is cents matter if I buy 500 shares
10baggerbamm Sydney Pope OP : I buy 10,000 shares that's a full position for me so 500 shares If It moves a dollar that does nothing the only reason why you should be interested in this stock is looking for double digits $11 $12 $13 because that's why you buy this type of company you don't buy it for 50 cents
furthermore last Thursday it was $5.80 why didn't you buy it then? I know why cuz you were looking for $5. I wrote many at times you want to buy the stock right around six bucks the problem is when the volatility is removed from the market which a lot of it has been over the past couple of trading sessions stocks will begin to trade it a new level of support hence the expression he who hesitates loses.. so now the reality is you're going to pay more because you didn't have the brass ones to buy when the market looked like it was going to implode
Sydney Pope OP 10baggerbamm : I only just started trading. I also don't have much capital to play with. I've just recently discovered the potential for RXRX.
I'm just trying to grow my account gradually. I wish I could buy 10k shares lol. Soon hopefully
I understand the premise. the volatility on this is crazy. But also I'm having a lot of success short selling to grow my account each day. I have won most of my positions so just looking for more.
10baggerbamm Sydney Pope OP : one of the biggest mistakes investors at all levels make is they don't look at the big picture. you need to take an initial position even if your timing is wrong if you think 6 months of year 2 years there's greater upside you have to put your toe in the water and buy something.. because if it goes up two or three dollars psychologically most investors will not buy a stock after it moves they will say I'm just going to wait till it comes down but in many instances that move is the beginning of a long series of moves that's why if you find a company in an industry that you believe is promising you buy it and if it falls 50 cents fuck it it just went on sale if you have the money available buy more. I think the largest developments the greatest developments with AI is going to be in the medical field I worked in a lab a long time ago and NIH Bethesda Maryland. research is grinding it is so time consuming you just sit there and hurry up and wait with AI modeling it changes everything you're saving 99% of your time now.. these companies and I don't know if this one in particular but it might be have the ability to be the next 800 lb gorilla in 3 to 5 years they can change the world. so 50 cents is a nothing event if you're worried about that don't buy the stock because you should be looking at a company that has the ability to trade at $20 $40 $80 and higher in the future not one that just trades at a 50 cent swing from 6:00 to 6:50
View more comments...