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conix

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conix

Re: budfoxfun post# 13

Thursday, 07/01/2021 11:33:27 AM

Thursday, July 01, 2021 11:33:27 AM

Post# of 72
There will be a time that IKT turns up. But I wonder how much damage has been done in the investment world to have a $10 IPO in December. Then do a secondary at a huge discount to the market price--at $3-- within months.

Now IKT is trading BELOW the last secondary.

But--When it turns up, I think it will be quick and fast run to $4. Worthy appreciation potential for the risk.

The RSI is under 30--and it is rare that a stock stays down there for long.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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