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Non-Tech : Kirk's Market Thoughts
COHR 190.88+2.8%Dec 22 3:59 PM EST

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To: Sun Tzu who wrote (13537)4/27/2022 7:31:28 PM
From: Kirk ©  Read Replies (1) of 26822
 
Congrats.... I think.

It has been on my watch list for a successful business to buy during a bear market AFTER it has had an IPO and a bear market decline over 50%.... it reached that but I may just stick to adding stocks I already own that have similar declines BUT I've taken profits... or be patient. Good thing about getting older is I don't have to be a hero and try to catch THE bottom... and get bloody fingers.

I have been trading a super micro biotech stock with an average price something like 75% below its IPO and about 90% lower than its peak where I last added... all in the last year. It is kind of fun to use it to teach my GF a bit of how to scale in and out of EXTREMELY volatile stocks.... I did a buy and a sell in the same day for a 50% gain... nailed the low by a penny and it took awhile to get filled.... The volume is TINY so I'm keeping the name to myself as I think it is also a very good LT buy hence the goal to have 10,000 shares on house money before it takes off. One can dream of travel with Elway & Kim Herjavec on BAjet.
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