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swingingRichard

05/10/20 2:13 PM

#51 RE: TTIME #49

Yeah. Just don't be greedy. There's that old saying. Bulls make money. Bears make money. Pigs get slaughtered.

Exit point on stuff like TORC has been an Achilles's heal for me. I get out at 40, 50, 70,90 percent and then it takes off to 200 percent.

Some friends of mine have developed code to identify these companies, but that is just the first step. One still has to do some leg work. I helped them out with some stuff a couple of years ago and I think they are just letting me tag along this time around.

The first step, that really anyone can do, is fine companies that are trading below cash value. The second step is to figure out if/when the company will run out of said cash.

Anyway, I believe they are making their trades public. On Twitter or a mailing list - maybe both, I do not recall at the moment.

I think TORC was an easy one. I say that because it is a biotech and biotech companies have this tendency to never just go out of business, they merge, or they find more cash via creative financing.

My merry little band has leveraged AI and machine learning in order to classify future events and also, some of the historical events. There's no such thing as 100% correct predictions but so far, they have been winning more than losing.