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You’re the only one on this board that has made a recent accurate call. Cheers.
Would they really need to go bankrupt tho? I’m sure there are plenty of creditors that will scan the books and open a line for them. High interest and/or lower priced equity options. Stores are built and business is able to cash flow albeit with some forward looking uncertainty. Messy for sure thanks to a f’ed up COO trying to get a bonus.
Heavy index buying. Could be a setup and pitfall for the rest of the week.
Hoping for a continued rally, but I will consider selling most of what I hold into further upside. Double digit swings are going to be sell/buy signals for me for now. Holding casinos, cruise lines, restaurant groups, CGC, Gush, and mostly JNUG. And my loser LK. Thinking of dumping the entire lot tomorrow to reload for next dip. I’m going to continued to buy the wrecked sectors right now until real revenues start to show up from this mess.
Why the late day rally. No data points. No unearthing news release. There is no logic. Sell the double digit run ups and buy the double digit dips until the lockdown is lifted. Valuations cease to exist until what’s real starts to show up in upcoming Q reports, at least from an equities standpoint.
I’d say. Wow. That was weird. Late day lift off across all indexes. I’ll take it.
Cheers
EOD JNUG selloff commencing once again. I’ve got to get better at the hit and run strategy. Should have dumped those low 4’s
OBA
So much for putting these guys in your rear view mirror huh? These things are like crack....
Yeah and how’s that load JDST near term trade working out!? Dollar gonna soar. Markets pummeled. Gold and miners going to get wrecked. I’m sure you’ll hear a month from now how the past few days transpired into perfectly timed trades and misinterpreted calls.
I have no problem with someone changing sentiment, but all this after the fact perfectly timed swing trade BS is overwhelming. Nowadays people simply want followers and will sell there soul to get them.
So true,
These days big cap equities have higher intraday percentage runs than this turd. 3x, 2x, 1.5x, flavor of the day x, nearly dead money. Despicable.
Scalp the airlines and cruise, you’d be better off. Or Chinese coffee companies lol.
Thank you!
Precisely. Wave two already confirmed in China after businesses reopened. Retail, travel, and service industry business models will be skeletons for the remainder of 2020. Q2 and Q3 earnings will be abysmal. More stimulus to come. How will miners fair?
Small biz stimulus fail. Lockdown will be extended. More stimulus will be needed. Dollar will be decimated.
Markets will be red. Gold will be green. JNUG to tip 5.37 tomorrow. Enjoy.
Full disclosure....
I always buy the absolute low and sell the absolute high.
Short both sides of these ETF’s. I posted that very sentiment two years ago. Wish I had taken my own advice....I’d be up millions!! Millions I say!!
Not sure how you could ever lose on the short side. The spread and decay would always be in your favor.
Cheers. Good luck. We’re going to need it.
What you would think at this point is that insiders would be gobbling up shares at these prices if they were doing fine. Volume is still dead, which is what should have got me out of this stock a long time ago. Nasdaq uplisting and the cannabis run with heavy volume had me thinking we had a chance.
Yeah. Maybe that’s the last ditch or maybe others that sit on the board, like briskie, see that Wallach’s greed is draining the company and the separation is the only way to keep them out of the cookie jar and keep Ygyi afloat. Seemed Wallach’s position in the MLM division was like the master of the shell game.
One can only hope there is a someone with some ethics here with a true concern for the shareholder. How likely is that.
This is a radical decline in MC. Preferred is continuing to get their dividend as of now. If that continues, common will likely continue to fail. Financials kicked down the road again so there is no transparency or way to see where that issuance dollar amount went.
I really don’t know what to think at this point. No pr’s looking towards coffee contracts or distribution. MLM has been declining. It’s a crap shoot.
You seriously think so? Save the preferred and bury the common...
And there’s your light breeze....
Strength into the close. That’s unusual. Maybe a reversal in play for tomorrow.
Feeling a bit of a bottom here. Time to start a swing position I suppose. Glutton for punishment.
Looks like they turned off unlimited post happy hour. Thank god!
Amazing how my posts get deleted yet constant clown posting drivel from pumpers remain....
Meticulous1:
“I wouldn’t be surprised if we all woke up on Monday morning and JDST was over $5.00 a share.”
Spot on as usual.
Both sides of this are all but dead. Not from a volume stand point but from a integral value standpoint. Upsides have lower and lower ceilings.
Price convergence to zero of both vehicles, JNUG and JDST, is unfolding with leverage multiples declining. Simply look at a chart and see what they’ve done. Might as well own the underlying index.
A week of madness.
In all seriousness you should start a blog, podcast, or write a book. Intriguing rhetoric unlike most that has been spewed on this thread as of late.
Go JNUG!
Good stuff. Straight and long my man
Bingo squared
I know exactly of whom you speak. I still get annoyed when I hear those after the fact perfect trades. Not sure who they speak to. If you’re that good you certainly don’t need credibility and a pat on the back from a public forum, you’d be making more than buffet and sailing the sevens seas with 99 virgins, not posting on iHub in your spare time trying to save the masses from a bad trade. Cynicism is alive and well. Go JNUG. Carry on.
Go Direxion.
He’s clearly paid by the post or has an IQ of 50. Either creates mind numbing useless jargon.
Disregard my comment. Thought you were referring to me....
Apologies. GLTY. You’re one of the good guys.
Sold into the close. Nice $1500 3 day trade on a side I hate taking. Cheers to next week.
P.S. The clown missing from his village has now shown up to the JDST thread. Great! Perfectly timed every move of both sides of this again. He’s a genius trader yet spends 10 hrs a day posting mindless rhetoric. Seems logical.
Seems to be the trend. Let’s see if history repeats itself....
It will. Late day JNUG selloff like clockwork in a downward cycle.
What’s you exit number?
Well I did grab 2000 JDST avg 1.73 on wed, so yeah I could see a reversal as well. Just spoofing the clowns here is all.
I’ll take that JDST green to average down here next week yet again. These ETF’s are like chasing a headless chicken....leaving blood no matter which direction it runs.
Pop Quiz:
A: Let me guess....healthy gap fill.
B: Everyone got out at yesterday’s highs.
C:?Direxion changed JNUG to 500% leverage exposure today, so as to accelerate the downward move.
D: All of the above.
I can’t say that I’ve ever been more annoyed than with what’s going on over at the JNUG thread. Worse than Stocktwits for god’s sake. To pump and manipulate during times like these, guys like that should be stoned in Times Square at high noon.
JDST strong to the closing bell.
The wealthy. While the little guy, the laborer, the 9-5’er, cash in their 401k’s to put food on the table. Yet another massive transfer of wealth event.
They certainly have their way to instill fear....
Grabbed a couple thousand shares here for the hell of it to offset a fraction of my large JNUG holding. Seems silly and I’ve never played the JDST side. Sitting in a lot of equities that I picked up last Tuesday at bargain basement prices. Up nearly 70-80% on each. Tough decision going into the bell. Hold or flip is the question. Will they be on sale again soon.....