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TWIMO (151403908) : Is the overall market seeking to fall towards a certain moving average line? S&P is still above 6000 and so much chatter of dread!!!
10baggerbamm OP TWIMO (151403908) : you've had Wall Street darlings run up on nothing more than institutional ownership bigger fool theory, momentum, multiple expansion. they did not run up 200% because revenues and profits went up by 200%.
TWIMO (151403908) 10baggerbamm OP : aahhh… so our conversation on drawing in retail investors to hold the bag rings true?
TWIMO (151403908) TWIMO (151403908) : There are stocks that I want to own at a lower price BUT I don’t know how to execute the trades. e.g. Estee Lauder, Petrobras, BAT, Diageo….
10baggerbamm OP TWIMO (151403908) : what retail always chases institution and right now you see the last leg rallying before the end of the year and they will collapse too, all these quantum stocks they've gone from a dollar to eight from 2:00 to 30 they have no revenues it's just the latest thing that's chasing money there's no application for it and they're all r&D companies at this point.