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Deadstockbounce

Retail gamblers lifesavings got ... katapulted away!This virtual e-commerce company with virtual profits let everyone know how many millions they lost yesterday / this night. This is what happens when bad investors refuse to cut their losses. Now here we go with "class action lawsuit" whining. And today in "I put a bunch of tech catch words together which doesn't mean anything but attract suckers" awards, I present: "With Katapult, you get a cutting-edge lease to own option built for you, with no credit required. You can apply using our intuitive online process in-store or at home while shopping online. Our flexible pay-over-time options coordinate with your pay dates. So, you can make payments when you have the cash." In todays best rektage, there are a few other examples. Metromile The investors most certainly are not smiling here You may note how it consistently retraces to around 61.8% before the big fall. I don't do stocks, or not much, maybe I should, I wish I knew about these free money garbage companies. But I do know about GME, it was on the news and all. And it too has potential, with lots of bagholders. Those companies are troll shell companies with - NO PROFIT - NO MARKET - NO GROWTH POTENTIAL - NO PURPOSE (OTHER THAN SCAM BAGHOLDERS) - NO USEFULNESS TO SOCIETY The kind of company that goes up is obvious. Here. Pfizer is at all time high already! Simple. Gamestop went up because of the short squeeze and that is long over. There are no shorts left (there are but less than 1/10 of what used to be). The trolls holding now are 100% irrational. They have loss aversion and that's it. By the way, Moderna is the best performing "asset" this year. It is the best performing stock in the S&P 500 AND it's price to earnings is still cheap.
NASDAQ:KPLT
by MrRenev
7
(Baggy) dead stock bounced!The day of the GME squeeze scammers & big brains pumped this garbage company with a history of fraud. Maybe scammers trying to convince lazy bums that would rather pay a course than spend 10 minutes doing their research. From someone else idea: HMIT Ltd., the former parent company of Helios & Matheson prior to 2016, has a long history of fraud. The new guy running Helios & Matheson, Ted Fansworth, has a long history of "pump and dump". Some of the people closely associated with HMIT Ltd. are still on Helios & Matheson's payroll. No idea who would invest in this scam. The bus plan was obv dumb. I can guarantee the owners goal was: Axiom: We know the market is full of sheep that randomly throw money at every S&P company - Don't even try to be profitable - Throw money away to get as many people as possible on moviepass (it's so cheap why wouldn't they?) - We won't make money but we'll be so famous, more than Coca-Cola, everyone will know us, this will give the illusion of being a legit mega company - Idiots are going to "invest" in the "blue chip"/"future blue chip" they heard of Worked out for them. Worked out for Elon. So if the price pumped originally it might be trolls, can be signal providers or small hedge funds I don't know but anyway, the trolls pump the price and then really dumb people follow them "oh my god it was 5000 dollar we gunna be rich if it goes back there when bears get squeezed, it's like GME". Pump & dump artists selling courses maybe told them "ye it's not on the NYSE and NASDAQ so you don't get the short interest". SI was at zero what idiot would short a stock at a price of zero? Lmao and of course they are complete scrubs so they eat it up. OTC Stocks SI is here, on the finra site duh: otce.finra.org Idk if someone sells a penny stock course he'd at least teach his students where to find short interests? Lmao maybe not, maybe they don't even know themselves 😂 These guys, they have been "teaching" for 5, 10, sometimes 20+ years and they still make trivial mistakes about stocks, I've been trading crypto and forex for 4 years and even I know these things about stocks, I knew from year 1 even. It's a fraud, it's absolutely worthless, they better watch out pumping and dumping this with mainstreet, keep it small, because if you end up in a hearing what will you say? "Emmm indicator" "I bought this and told people to buy because very good company no joke". What a strategy. Chase dumb dead stocks as soon as idiots start buying, and exit when it stops going up. How can it even work? How are some people so dumb that they hold? I'm sorry if I offend you, you got a better descriptive adjective? They can't take a loss, or they actually expect it to keep rallying? The mystery of the bagholder. Noooo this is my favorite stock it's halfway to 1 cent I just want to see it go back to zero, actual zero where it was. It started at 30K. It didn't even fall 99% or to a few buck, it went to LITERAL ZERO. Where it belongs. I just love this stock. Actual zero 💖 I can't wait for Bitcoin, Twitter, and others, to warm my heart and go to actual zero. Got to stay patient.
OTC:HMNY
by MrRenev
Bitcoin slow pathetic gains [Dead stock bounce strategy]Here is a new example of the Baggy dead stock bounce strategy (I linked my previous posts on this at the bottom of this idea). So many people getting all excited by their beloved mlm greater fool fiat currency (lost its trendline btw, barely hanging on now), 300% in 200 days if you bought the bottom and sold the top? LOL don't make me laugh. People are chasing casino gains, trying to get rich overnight. Something like this WILL LITERALLY MAKE YOU RICH OVERNIGHT. Gosh. Now I do not now if some institution decided to buy, or if it's just the typical baggy dead stock bounce sucker rally (on dried up volume, on a dead stock dead for months or more). But did it rip up. I am not a stock expert but I follow this kind of things, and it really interests me. The only difficulties are: designing something that alerts you to this... backtesting this a bit setting a stop loss that makes sense getting out when the sucker rally is over not getting out too early not fomoing in if you miss it not going too big in not putting a gun in your mouth and pulling the trigger "out of curiosity" idk the last line isn't even the most obvious and easy one, these "difficulties" are really so simple... Only the backtesting and getting alerted to this will take time & effort. Most retail can't do all these extremely simple rules like not fomoing in but it is not because it is hard, it is because they are absolutely awful. It's really easy. I already have my hands full my my currencies & hard commodities, but someone that sya only trades Bitcoin could look into this. Really looks like the quick way to riches. I don't know how often those appear, and how many end up bad. But when it goes up 1 zillion %... Clearly 1 winner will wipe out so many losers anyway, as long as your are not so handicapped that you panic sell early. I do not know the story behind this company, I have no idea what this is all about, all I know is shorts covered or someone pumped it for whatever reason and suckers got excited by the big green candle and fomo'd in. Lmao what the company does has absolutely no importance, this is a pure scam strategy, taking money from fomo suckers that have no idea what they are doing, simply by being a solid trader.
SEducation
by MrRenev
2
The baggy dead stock bounce strategy: Another exampleI know nothing of this company. But either way, looks like a nice example of buying something beaten up down 99% after it starts rallying. When it goes down usually it goes down pretty fast (crypto won't be an exception btw), important not to overstay your welcome. I do not use this strategy at all. Adding an example, learning a bit more every few month or so... learn with me. If it goes to zero it is fine since this strategy aims for several hundred percent returns often. No need to go all in... Here we can see that we have a V shape reversal at the bottom, a ~50% retrace, then a C wave very extended. The ABC retraced ~50% ~55%. In the case of cryptocurrencies... They retraced 55%, from being down 92%, but this does not look like we are "at the bottom", they are still way up from where they started. Bitcoin retraced 78.6%. I am not sure the strategy is the same... Will see how this progresses. If BTC gets to a few dollars, it can go up thousands of percents... But who will get filled? Oh companies on the verge of bankrupcy can recover... You will never believe what company did this... (if you do not already know)... APPLE. In 1997 they were about to go bust and Microsoft threw 150 million in and saved them. Now Apple is pretty big (in a bubble thought). 99% or more companies just disappear cannot even find them on trading view whick makes it hard to analyse this strategy here. Kodak went bankrupt in 2012 and re-emerged in 2013: The "new" Kodak fell by more than 90% lmao. Not sure how much the previous one fell. In 96 the price was above 90$ and at the end it was circling around 5. They had a nice back to normal. The new company price does not pick up the old one. The probably issued less shares to make it look like they bounced back. If I look at the daily chart: That is just too fast. I also noticed something else. That I am keeping for myself. Sry. Rekt. Looking at more examples will help. Maybe a good new strategy in the future here? The point of having multiple strategy is more a safeguard if the ones being used stop working rather than to make more money or to diversify. One question remains: Where do all these poop chasing baggies come from? And why do they keep appearing?
NASDAQ:MNKDEducation
by MrRenev