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Strategies & Market Trends : Longer term short term day trades.

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To: Madharry who wrote (1027)9/5/2021 1:46:41 PM
From: Steve Felix  Read Replies (1) of 1916
 
I do own 65 shares of SAVA. Haven't posted Fridays buy yet. It isn't currently in the wheelhouse of
what I try to do. It is my biggest $ winner of the year at $125k. I have $5400 invested in it at the moment so
I plan to let it play out. No idea how the current short attack goes. If the drug pans out....

VOLT - I try not to like or dislike any companies. Seems like I do have a bias against retailers for some reason though.

I think many retail investors think they know something about companies that maybe others don't see, but
I don't think that is very often true. The big money has their finger on the pulse. Jmho that everything is
slanted in their favor, yet the vast majority of them can't keep up with the market.

Generally the only thing I do before buying a stock is to check their headlines. I may read their last conference
call or two, but generally only if things are going my way.

If the big money wants something, sooner or later they have to begin to show their hand. That is what I am
looking for. I have plenty or losers. Since I go in figuring I don't have any insight, maybe I read things wrong,
or maybe I read it right at the time, but the big money sees something that changed the picture and no
longer have interest. I'll never know.

I tend to low price stocks, bigger risk, but bigger reward. Just because a stock is low priced doesn't mean
it is junk. ENPH traded at .73 in the year before I bought my first shares under $3.

Currently there are 73 stocks under $8 that are beating the market by 100% or more over the last year.

The top ten: UONEK EVC SLI CDEV DXYN III GTIM RRD GCI UROY

Only one I own is CDEV, although GSM moved up out of the $8 zone this week.

Take a look at the charts of those top ten and see where they came from. Someone bought them and has
really nice returns. I see no reason it shouldn't be on the next one.

I have a few hundred shares of NRZ also. Half of me still likes getting paid. :)
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