R P
Well-Known Member
Well, actually didn't pay much attention to the stock until mid 2019, when I saw some of the posts between you and David. Took me a while to research it, and didn't like what I saw. It was too speculative for me, and still is. I think I said as much many times. So best I could do then, and now, is give my opinions based on my past long history of successful investing/trading. I have made a lot of money in the markets, but at this point am more into enjoying it, rather than risk losing it.
I also don't give buy/sell recommendations on the internet,... or to my family and friends. But believe me, they ask a lot. I will offer my take on where a stock is, but the best I can do is try and educate, so the individuals can make their own decisions.
Problem is there are so many trading styles, and you have to match your own personality, experience, and how much time you have (it can be like a job). People are very different and what works for one person may not work for another. Some lean more to fundamentals, others to technicals, I am a bit of both. Some like short term (me), some longer term. Some want growth, some want dividend, some are just gamblers (gut). And that will change over time. I used to be a lot more aggressive in the past (made and lost big sums at times). But now am very conservative, and just opportunistic (works well for me at this time).
There is a really good book I read a long time ago, Your Money or your Life, and I think there might be new editions of it. Anyway, it inspired me and helped to understand myself better. You might want to check it out. It is not just about trading, but how to manage your money (spending as well), and when enough is enough (fulfillment). It is really very good, written by a trader, that eventually realized there is more to life.
There is one thing you and others should know. As a retailer investor, you actually have a big advantage over institutions with trading. That's because you can buy/sell quantities that don't move the market. They can't, as their bids/asks are too well telegraphed, and have to resort to other measures (some of which are very unsavory to people like us) with their trading strategies. But it does take some investment of your time to learn how to do it well.
