Wait, now Gare has to pick a winner —and a new one at that—every day?! That is a tall order. Although you could probably do all right with a monkey and a dart board. It is like the Dot Com Boom right now. A little scary. Remember how that one ended.
Seems like the extra two trillion in dollar dilution is being priced into the pink sheets, as much as the blue chips. And, of course, there is crypto and metals. I have seen a lot of stocks that have been quiet for a year or more waking up to perhaps unexplainable, or (more importantly) unsustainable gains. Every FUD-laden dog that had three zeros after the decimal point is having its day.
As for INKW (Greene Concepts, maker of Be Water), that was one where I sold some on New Year’s Eve for a tax loss. So, of course it went from 0.0018 to 14 cents. Fortunately I held on to more shares than I sold and am playing with house money again. Good thing I averaged in over the last 20 months or so. INKW is one of the first where I took profits and then started buying again a month later at a declining price. (Taking those early profits make the 90% drops a little easier to stomach.)
Meanwhile, DOMR was up today, but still well off that recent spike, which—darn it— I missed selling into. Thinly traded so tricky trying to buy on dips to lower your average. You might get a partial fill that is more commission than stock. Guess I could try an All-or-none order.
Conversation overheard in a swamp:
"I like your coat."
"This old thing? It's just a standard coat. Although it is double-breasted, so I guess that
makes it a double standard."
"Where can I find a double standard like that?"
"Any Banana Republic."
