I think mine is like 15%. Weak sauce.That's perfectly fine, I was talking about my approach to JayZ, which may not be right on a fundie basis, but works more on the account management side.
My LT account has already exceed it's + 25% goal for the year. Those Georgia Senate races were a gift. My task, right now, is not to give those gains back. Any stock that exhibits leaky behaviour will get cut.
The year just started....so not worried about missing any opportunities.
You'd think it would have been priced in. What wasn't priced in was how quickly they started sales. And it took a few days for them actually to somewhat price it in. The zona plays were hot hot hot today. Would never fly on a real exchange. The big moves would have come when we heard that rec sales were imminent... We're talking about 8+ months quicker than expected. Crazy that they're off and running in January.Hmmmm..I thought VEXT was already approved. Played it from 1.15 to 1.40 the days immediately after Georgia results. No position now. I guess I should have payed more attention.
You'd think it would have been priced in. What wasn't priced in was how quickly they started sales. And it took a few days for them actually to somewhat price it in. The zona plays were hot hot hot today. Would never fly on a real exchange. The big moves would have come when we heard that rec sales were imminent... We're talking about 8+ months quicker than expected.
Been this way for years. I wouldn't compare it to a Nasdaq stock. Two days ago vext took an absolute shit in the closing minutes of the day. All it takes is one guy with moderate amounts of money to bail and that's what happens. The next morning it gapped up, but not much. An investor had a chance to buy either eod Wednesday or Thursday morning in the 1.20s. It didn't stay there long. The illiquidity, especially when it comes to small caps, is an edge worth exploiting.yeah... and they were only hot hot in the afternoon, even tho the “accelerated sales” news came out yesterday. The delay is what is so strange to me.
it’s like anyone can read a Todd tweet, wait 4 hrs before pressing buy and get rewarded. I’m not knocking it.... but it’s confusing when you are trying to figure out what is priced in/or not
Yeah I missed it post Georgia. Hated myself because that's a play I try to exploit usually. Got complacent with my other gains and decided to hold and do nothing. You were wise to pounce.For sure, I am not above exploiting that inefficiency delay... profits always welcomed.
if you remember VEXT was the only stock that didn’t gap up post Georgia, so I pounced on it (shared it here) and the stock did nothing for most of the day... I started to wonder about it but then it zipped 20% by next morning
it’s like Groundhog Day, but with a profitable twist
SAFE Banking, for example, at this point should be priced in. But I bet you it isn't. The stocks will make a move once it's about to be passed. Maybe nothing crazy but I suspect a bump comes from it.
As soon as dems won the Senate safe immediately becomes the floor and is ultimately a reason for the immediate uptick. It's not so different than a company that runs into earnings and meets or beats earning estimates ( a >0% chance) and sells on the news.That’s significantly different because failure to pass is >0% and the timing is uncertain....some investors don’t want to wait 3 months or 6 months or whatever it is...not to mention, SAFE is the mechanism that will allow more money into pot investing itself!
Arizona opening retail was 100% certain as it already happened. The surprise will be “wow sales are off the charts, who knew so many stoners lived here”