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Old 13 January 2021, 01:34 AM   #6106
JWD531
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Join Date: Sep 2019
Location: Tulsa, OK
Watch: 126710 BLNR
Posts: 621
Quote:
Originally Posted by m j b View Post
I read a great article about that in (I think) Bloomberg a few years ago. Sad (for the stockholders) that Twit hasn't done a good job of that. Yet.

Me, I was looking at Signal yesterday, which is a penny stock that went through the roof d/t a mistaken tweet by Elon Musk. I tried to short it but couldn't. Down big time today. Missed opportunity. SIGL, look at the chart. Went from 6 to 41 to 36, now 15.

Suckers go after these things. Suckers, lemmings and momentum players.

Ya I was trying to get in to short that as well, but was unable. Similar to ZM/ZOOM. All it takes is 10 seconds to google...

I am holding my energy stocks this year but will look to sell early next year. We are already seeing some money move into energy and financials as expected. I held last year (mostly due to minimize tax impact). I’m hoping that pays off.

The energy sector still needs to reinvent itself a bit and add focus on more renewables (like I have said before - some are doing this better than others) and be more innovative to break out of the long term down trend, but I still believe it bounces this year after bottoming last year.

Long term, I still am bullish on tech and will likely transfer any energy profits into that area. I agree that it seems additionally healthcare, biotech, and some other industries seem to be where the action will be for a while, but I know very little about the healthcare/biotech side of things, so I doubt I get into that anytime soon.


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