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I was reading this one on ZeroHedge.
https://www.zerohedge.com/economics/why-consumer-price-inflation-here-stay
Really liked the comment from this poster:
”
I don’t know what the hell that was I bought that popped up in my screener, I saw it was US based, some merger was being talked about
and that it was media related. Quick glance at the technicals. Good enough for a few hours. I was trading volume. Sold half
at +12% and the other half at +22%. Then it shoots up even further but I had made my losses back and moar. My buy and hold high
dollar “Mr. Responsible” divi food stock has been taking it in the chin so I had to do something dumb.
You would think that would be a smart play given food prices. Not really.
It’s just not rational but neither is the market so I had to take some back.
That’s not investing, that’s scalping. <——– AGREE 100%, DOING THIS WITH SOME MINERS TOO!
The only buy and hold that I see is gold and silver and ammo. The rest of this “investing” scam is gambling.
GL
Good Observation Sir GL
The Lockdowns and Free Money has made day traders out of millions of kids.
Everybody and his donkey knows EVERYTHING about Hedge Funds and naked Shorts and Alpha Short Squeezes and Options and delta hedges and Texas Hedges
I have a young associate who is new to the game and he knows more of these terms than I .
He has made out really well with Tesla and a few others ( not interested in crypto for some reason)
Now he is making a ton in AMC !
He buys and sells on his phone …between patients.
Sharp young man.
Multiply this story by 10s of millions.
Why would any one of these kids want to go back to some shitty job they had when they are all genius day traders.
That’s why employers cant find enough people to work .
This of course will not end well
But for now its fun to watch these emboldened Robin Hoods take on the Cretins !
And beat their asses !
Altius Minerals is a long term investment investment