[Rmtt]

I agree with you both. If what they are doing has a "sound" business model, I look at the charts but it doesn't affect me as much.

The thing is that we are in a new era with this virus....and all the historical data we have no longer applies.....especially if it's not a "blue-chip" stock.

On the other hand....we are getting new data that we can look at in quite a few stocks that identify a trend starting to form. These are the ones I have been "swing trading".

Now the others like Xspa....I just believe in what they are doing. It's like they can't help but succeed as we need it for the country.

Yesterday they hit a low of .81 and people were screaming and crying. That's when you have the "bears" come out and try to influence people to sell. And why....because they want your shares cheap. Then you have the "shorts"...and they will manipulate anything they can to win.

After hours it shot back up to almost $1 as shares are limited unless you have an after hours brokerage program you use.

Xspa made the Short Sale List...basically stock price manipulation. So things should smooth out a little. Also news like linked below just make me double down on my belief about the company.

Plus now they have ads out hiring for more locations all over the US. So what does that tell you? I know with me....I added more on the "dip" yesterday and now holding 20K shares. They have a meeting today. Even if they vote on a R/S...it's a "nuclear" option. Why wouldn't the CEO vote for approval to use it just in case? It doesn't mean he will. it just gives him the option of using it before next year if it warrants it. If I was him I would as ultimately I have a company to look out for.

https://www.forbes.com/sites/kevinro...y-airport/amp/

XpresSpa has created a new brand, XpresCheck, for its Covid-19 screenings, which will be offered to airline employees, contractors and workers, airport concessionaires and their staff, TSA officers, and U.S. Customs and Border Protection agents.
XpresCheck is part of a specially-created subsidiary called XpresTest. In April, the company appointed Lewis Lipsey MD as chief medical director of XpresTest to help design Covid-19 protocols, as well as to train employees on testing procedures. Prior to taking the job, Dr. Lipsey was an attending physician at several hospitals in New York City, including The Mount Sinai, Mount Sinai Beth Israel, and Lenox Hill.
Last year, XpresSpa Group held 60% of the U.S. airport spa services market, making it more than three times bigger than its nearest rival, Be Relax. The company’s 51 locations in 25 airports globally include three in Amsterdam Schiphol Airport in the Netherlands, and two in Dubai International Airport in the United Arab Emirates.

then after hours almost hit 1.00.

[Rmtt]

SEEL - Starting to work on one of their other drugs they have. Still preclinical.....but they like releasing news!

Seelos Therapeutics Announces Initiation of Preclinical Study of SLS-004 in Parkinson’s Disease


http://www.globenewswire.com/news-re...s-Disease.html

[ASAP]

Stock market at 25k ... unemployment at 40 Million lol... something isn't adding up.

[Rmtt]

CFRX....just came up on Scanner. Pfizer just bought over 500K shares.

Something is up!

[corn18]

Originally Posted by ASAP

Stock market at 25k ... unemployment at 40 Million lol... something isn't adding up.

$4T of Fed money. And unemployment isn't @ 40M, jobless claims are at 40M. Both of my daughters were looking for work this month and both got jobs within days. There are myriad help wanted signs up in my town and my company is hiring anyone that can fog a mirror and have a security clearance. So many are losing their jobs, but there are still many jobs out there. A mismatch between what skills they have and what skills are needed is an issue. Also, I think there are a lot of people that are enjoying their $600/wk kicker and aren't going to look for a job until that runs out.

[ASAP]

Originally Posted by corn18

$4T of Fed money. And unemployment isn't @ 40M, jobless claims are at 40M. Both of my daughters were looking for work this month and both got jobs within days. There are myriad help wanted signs up in my town and my company is hiring anyone that can fog a mirror and have a security clearance. So many are losing their jobs, but there are still many jobs out there. A mismatch between what skills they have and what skills are needed is an issue. Also, I think there are a lot of people that are enjoying their $600/wk kicker and aren't going to look for a job until that runs out.

Yea and wait till the PPP runs out... either we will need that govt debt to go up another few trillion or unemployment will skyrocket even higher... the market is a fallacy right now; deman simply is not there in a lot of industries.

[Littlebear]

Hello Trading Experts!

Any ideas on how NOK & ERIC are set to do?
I know it's a political play & thus risky, but the China & Huawei hate looks to be increasing.

Murf

[Rmtt]

Originally Posted by Littlebear

Hello Trading Experts!

Any ideas on how NOK & ERIC are set to do?
I know it's a political play & thus risky, but the China & Huawei hate looks to be increasing.

Murf

Here is what I use.

http://www.thelion.com/

Type in the ticker and it searches every post and bit of news on the web from any available source . It's really useful to gather public sentiment about different ones.

[Run Silent]

Originally Posted by ASAP

Yea and wait till the PPP runs out... either we will need that govt debt to go up another few trillion or unemployment will skyrocket even higher... the market is a fallacy right now; deman simply is not there in a lot of industries.

Good grief.

[overfreeze]

GNUS going crazy today

[corn18]

I'm having a tough time seeing the crazy, unless you mean back in 2010.

[Violator]

Originally Posted by corn18

I'm having a tough time seeing the crazy, unless you mean back in 2010.

Most likely referring to the fact that it’s up >49% for the day at the time of the post. That’s my guess

[overfreeze]

Originally Posted by corn18

I'm having a tough time seeing the crazy, unless you mean back in 2010.

GNUS opened at 2.01 today. Currently trading at 2.60~.

[corn18]

Originally Posted by Violator

Most likely referring to the fact that it’s up >42% for the day at the time of the post. That’s my guess

I agree. I was being obtuse. And an ass.

I'm sure it'll be back up to 180 soon.

[Jordan's World]

Dow nearing 26k: I'm an extremely optimistic person, but not this optimistic. There's no way we hold these levels until the end of the year unless there's another significant stimulus.

GDP shrank by about 27% during the great depression and economists are expecting a 30% contraction in Q2. I understand the fundamentals are different here, but if history repeats itself, we’re just getting started.

Keeping my piggy bank topped off for now.

How The Current Coronavirus Stock Market Compares With Great Depression & Great Recession Markets
https://apple.news/ArIuqMTdRSXO7Y09NmNhKGQ

https://dashboards.trefis.com/data/c...e=trefis200528

[Bimmer Nerd]

Originally Posted by Jordan's World

Dow nearing 26k: I'm an extremely optimistic person, but not this optimistic. There's no way we hold these levels until the end of the year unless there's another significant stimulus.

GDP shrank by about 27% during the great depression and economists are expecting a 30% contraction in Q2. I understand the fundamentals are different here, but if history repeats itself, we’re just getting started.

Keeping my piggy bank topped off for now.

How The Current Coronavirus Stock Market Compares With Great Depression & Great Recession Markets
https://apple.news/ArIuqMTdRSXO7Y09NmNhKGQ

https://dashboards.trefis.com/data/c...e=trefis200528

Combination of PPP money, people getting $1,200 + $600/week and fed buying junk bonds/etf's.

In addition, it's the government's way to save most corporations. They pump up the market, offset balance sheets of the ones that are save-able and let the rest get acquired by bigger boys that have the cash flow for it.

[XutvJet]

I think what we're seeing is just how manipulated the market is by a select few. COVID is a very real situation and these "lever pullers" know it and they are freaked out. They have less control in this situation and are propping things up the best they can because they can't fathom actually having to part with their money like the rest of us bottom feeders.

Prior to COVID, they could manipulate the market based on news, situations, forecasts, etc. Their levers easily manipulate and control this because they understood the short and long-term outcomes. Now throw something like COVID into the mix where there are so many unknowns and now they've lost control. What you get is the rosiest colored glasses we've never seen.

Think about it how the market used to freak out about a bear farting in the woods like a 0.5% drop in employment when they thought it should have been a 0.5% increase. The news would be "EMPLOYMENT IS DOWN! Recession lights are flashing!". The market could drop 5% on something so insignificant. Now here we are in a situation that hasn't been seen or felt in nearly 100 years yet we're only 13% off the market peak pre-COVID? And I'd add that the market above 29,000 was already RIDICULOUS. Yeah, the system is clearly rigged.

I know it's a bit tin foil hat thinking, but that's the only sense I can make out of it. I'm heavily invested in the market and I play along, but I feel like there will be a drop and with how inflated things are, the drop will be pretty substantial. It is not the end of the world and we will recover, but we could be looking at a few years.

[IllSic_Design]

I read/heard that hundreds of thousands of brokerage accounts were opened/started and trading volume also went up once stimulus checks started going out. Probably helping the market out a little bit for sure.

[Jordan's World]

Originally Posted by IllSic_Design

I read/heard that hundreds of thousands of brokerage accounts were opened/started and trading volume also went up once stimulus checks started going out. Probably helping the market out a little bit for sure.

I certainly believe this. The influx of people I know (myself included) who have started investing in the market solely because of COVID is astonishing.

There’s a lot of people who are afraid of the market, and for good reason, but this “crash” has certainly brought out the novice investor and allowed them to see this as an opportunity. I think it’s great that people are starting to invest, I really do, I just hope people are playing with money they can afford to lose.

[MisterF80M3]

I have sold most of my positions today. Looks like we will have a small correction.

[Rmtt]

Originally Posted by XutvJet

I think what we're seeing is just how manipulated the market is by a select few. COVID is a very real situation and these "lever pullers" know it and they are freaked out. They have less control in this situation and are propping things up the best they can because they can't fathom actually having to part with their money like the rest of us bottom feeders.

Prior to COVID, they could manipulate the market based on news, situations, forecasts, etc. Their levers easily manipulate and control this because they understood the short and long-term outcomes. Now throw something like COVID into the mix where there are so many unknowns and now they've lost control. What you get is the rosiest colored glasses we've never seen.

Think about it how the market used to freak out about a bear farting in the woods like a 0.5% drop in employment when they thought it should have been a 0.5% increase. The news would be "EMPLOYMENT IS DOWN! Recession lights are flashing!". The market could drop 5% on something so insignificant. Now here we are in a situation that hasn't been seen or felt in nearly 100 years yet we're only 13% off the market peak pre-COVID? And I'd add that the market above 29,000 was already RIDICULOUS. Yeah, the system is clearly rigged.

I know it's a bit tin foil hat thinking, but that's the only sense I can make out of it. I'm heavily invested in the market and I play along, but I feel like there will be a drop and with how inflated things are, the drop will be pretty substantial. It is not the end of the world and we will recover, but we could be looking at a few years.

I agree. It's always been heavily manipulated....and it always will be.

We just have to learn to play their game.....on a much smaller scale of course.

I have a friend who has made almost 200K since the end of February. I have made a lot....but he takes a lot more risk than I do.

Either way as mentioned above......please don't be playing daily or weekly trades with money you can't afford to lose. It comes fast, but it can vanish just as quickly!

[NeverL8]

Originally Posted by Rmtt

I agree. It's always been heavily manipulated....and it always will be.

We just have to learn to play their game.....on a much smaller scale of course.

I have a friend who has made almost 200K since the end of February. I have made a lot....but he takes a lot more risk than I do.

Either way as mentioned above......please don't be playing daily or weekly trades with money you can't afford to lose. It comes fast, but it can vanish just as quickly!

My Co-worker grew his account from 200k into over 35m just from February (I’ve seen his recent account balance personally) Crazy times we live in. I don’t care who’s controlling the market, as long as It’s Making Me Money..in Mr. Wonderful voice lol