Riot Platforms Stock Forum

Contender OP : all major brokers gave buy ratings with 20 -22  but share price don't move and drop. Either the major brokers are dumb or what?

勇敢M00M00_不怕翻车 :

Ultratech : recent prevous earnings weeks have been pretty much sideways then market heads up eventually afterwards. nvidias is approaching...

Robert Musella OP Ultratech : Yep, earnings weeks have been choppy, but big names like Nvidia can be tide-turners. The real test is whether the market digests inflation data or just shrugs it off. Strategic positioning matters here.

Ultratech Robert Musella OP : its always shrugged it off..I've been hearing the same thing for years.. the best strategy is to buy stocks and not worry about data.

Robert Musella OP Ultratech : Ah yes, the classic ‘ignore the data and just buy’ approach—works great until it doesn’t. Markets reward discipline, not blind optimism. But hey, if it’s always shrugged it off, no need for analysis, right?

Ultratech Robert Musella OP : you're right I have no clue what I'm doing.  lucky for me analysts have been wrong every step of the way.  nothing  has been more profitable than not looking at stocks through the eyes of fear. wallstreet knows this game and will try to get ppl to sell switch positions just to rally again chipping away at your account shuffling when all you had to do is wait. going red is expected i hold through corrections with pure bullish positions come out green on the other side 

布布 : well said

10baggerbamm : you have to understand when you say they're buying all they're doing is maintaining an equal waiting
vanguard has index funds they have growth funds the value funds and buy perspectives they're going to maintain a certain percentage so if this stock is in the top 20 for example of one of their small cap growth funds every Friday they get money sent from people's retirement accounts from their paycheck so they maintain their same equal waiting the money managers do and they just buy more.
yes it is a purchase it's better than selling but it's not like what they're doing is going to cause movement in the stock.
if you back up the cameras if you will the reason for the argument why the S&P 500 over the past 20 years has gradually trended higher is because every Friday out of paychecks money goes into index funds. yes it has to do with other things like inflation printing money stuff like that but it's the constant purchases that are done because they always maintain their same waiting within the portfolio's holdings.
and if you look black rock vanguard and State Street are always number one two and three of any publicly traded company

Melajean : hey 10baggerbamm, you talk a lot, but you know a lot, I looked at Riot and it went to $12.07 on the money!! Good stuff.  Are you retired and trading for fun?

一二 : where do you think will be  the next resistance

10baggerbamm OP 一二 : I still think it's right up against the resistance
level here.. if Bitcoin can reverse and go through 100 102 103 then you might come close to filling this Gap.
if you can get a rally at a Bitcoin it could probably push to about 13.50 13.60

布布 10baggerbamm OP : Nice one guess i will just diamond hand until PT reached. maybe 20?

101699656 : In the past two days, I've noticed that when Bitcoin rises, it falls, and today Bitcoin has fallen again, but it has risen.

10baggerbamm OP 101699656 : you don't want to buy Bitcoin on any up days you only want to add to a position on a down day

101699656 10baggerbamm OP : I did not buy Bitcoin.