ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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Lee Lichterman III

Sun Tzu

To: Lee Lichterman III who wrote (82631)	11/3/2023 10:30:29 AM
From: The Ox	2 Recommendations of 98114

Hi Lee, I strongly suggest you consider how often you cherry pick a company to fit your thesis. Moderna is perfect. A few years ago, no one, and I mean NO ONE predicted the kind of money they would make during the pandemic. (OK, maybe a few epidemiologists or others who closely follow the industry might have expected them to soar...) After years of losing money, they made over $20/share 2 years in a row. They'll be losing money for the next several years, if I had to guess. But who knows what price they might be worth if the proper suitor came along and gobbled them up? They're not "a scam" or a joke. They are in an industry that requires massive capital investment. There are too many biotech related companies that were in the hundreds of dollars that are either gone/bankrupt or worth a few dollars a share at best. Your main point about the trends are important. But coiled springs explode higher when EVERYONE rushes in. No one wanted XBI at $64 share and now they're buying hand over fist above $70!! Oh...make that $71, grin.... All ST is trying to do is find situations where the coiled spring is showing indications of changing or strength is fading. I do appreciate that you put yourself "out there" with your calls. I'm not sure why you're always resisting what ST is putting out here. His system won't necessarily predict what's going to happen 5 or 6 days from now. But he is trying to show what was happening over the past few days. No worries, just pointing out that we're all doing different things and if you don't "buy into" the charts of these small caps, it's not worth raising your blood pressure. JMO.

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