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wadegarret

09/12/23 11:15 AM

#107277 RE: researcher59 #107276

R59- GERN upgrade this morning by GS sent stock to $2.80+

The stock has given back all gains and is now $2.38, and up only $.01, and on huge volume. Call it what you will, but it looks suspicious to me. Either way, what you see happening to GERN today is exactly what's been happening to me on almost every trade I've made over the last several months, whether long or short. It doesn't really matter the reason for this either, just that I realize I can't win in this market. I am happy to have around 94% of my cash in 4%-5% fixed income. I believe interest rates will keep going higher, and estimate you will be able to get 6%-7% next year !
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nelson1234

09/12/23 11:37 AM

#107279 RE: researcher59 #107276

The amazing thing is Wade's still up like 50% a year on average. Can you imagine how high his returns would be if the markets did not focus their manipulations specifically on his positions???