I agree 100%.
AI/machine learning is the hype for the next couple months as past "waves" have shown us. Definetly money to be made going forward.
What I'm concerned with is smart $ has already "front loaded" months ago, and are waiting to take profits along with the Companies that have been waiting for the hype to come front and center. Many still need $$$ for operations, etc.
I have a list as well, but which ones will drop offerings within 48 hrs of run up? Which ones will wait to PR during the coming flurry.
Just think of the past couple weeks with "bandwagon" Companies PR'ing about NKD shorting, or very recent filing of RW's. It's like trying to load up on that which one has no clue of...when, or how high it could run until the Company releases news.
Everyone wants tomorrow's news today... Unless you can hack the news agencies, it's futile IMO.
Personally, (you, nor anyone asked for my opinion) but I'd rather wait for any substantial company news within the sector, and pay a bit of a premium to ride for a decent profit %. I anticipate a flurry of news from a lot of Companies jumping on the "bandwagon".
With that said, I'm all cash now in order to trade each PR for a healthy % and move to the next. The next couple months should be a traders paradise via this wave.
It's going to be a wild ride in the sector...take your profits and roll them from each Companies news rather than remain in one until maybe next fall when the legit players rise to the surface.
Good to see you back around on the board!
TAKE PROFIT RELENTLESSLY
