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$Terra Innovatum Global (NKLR.US)$ a little over a week ago I posted about not panicking.. when you have some type of aberration some event and the stock that you're in just gaps lower.
you already have the loss you just have to accept that it's worth what you see the pricing is that real time but you need to understand what caused that move
most retail investors panic they hit the sell button and then only afterwards will they realize if they made the right or the wrong decision
last week when we had a stock being shorted that was a SPAC it got obliterated and everybody's panicking and it was because of a tender offer and the stock wasn't that much above the original price of the deal that a short seller got a hold of it tank the stock retail panicked they covered they made a shit ton of money and everybody that sold feels like an idiot once they understood what happened.
this morning the same thing this stock was up two bucks pre-market at 4:00 a.m. and then all of a sudden the Bombay doors opened up and it's $13..
until you know what happened you cannot make an educated decision
some people don't have the time to pick up the phone and make calls and try to learn some people don't have the time to start searching online because maybe they're driving maybe they're at work and the only thing they can do is freak out and hit the sell button and hope that it's the right decision.
most of the time panicking is the wrong decision
with Dan Ives company orbs, I cautioned earlier in the week something doesn't seem right the premium is enormous on the puts and I love selling puts I like playing the casino and let somebody bet something's going to fall and pay me right up front.. and this stock tank it went from 12 to $8 in 3 days.. and sure enough the news light flashes yesterday after the close they raise some money and smart money knew what was happening but there was no news out but somebody new and the bids were enormous on the puts... I like free money.. so I sold a shit ton of October 750s and November 750s and I did roll the dice a little bit but I believed in the story of Dan Ives that he can push a stock and immediately after the Bell yesterday news comes out they sold stock it goes up $3..
so everybody that panicked and sold you're pissed off you're mad at the world because you made the wrong decision because you didn't have the facts
if you can't take that type of volatility you cannot be in newer companies you need to just stick with your cyclical Giants your old companies have been around forever that are not going to be doing any Capital raises they're just going to grind away and trade higher and pay you your dividend and whatever it is is what it is at the end of the year.
if you're looking for bigger returns and you're involved with newer startups or younger companies that are in aggressive growth industries you are going to have wild swings in price and you cannot panic you need to get the facts in order to make an educated decision
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk opinion not financial advice
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