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Non-Tech : Kirk's Market Thoughts
COHR 191.72+0.2%Dec 26 9:30 AM EST
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To: Kirk © who wrote (18234)3/12/2024 3:21:50 PM
From: Sun Tzu  Read Replies (1) of 26869
 
I like Reddit. I've gotten good info from them (typically for tech, not stocks). But Twitter and SI chew up too much of my time already. I'm trying to cut down, not add to my online social life.

I don't play the IPO game. But the IPO does tell me a fair bit about what the market is like and also when it has peaked/bottomed. Just look at where the no-profit stocks topped out during Covid. That was your canary in the coal mine. I put in a GTC buy for those that I liked at about 1/3 to 1/2 of the IPO. When I started getting fills and showed profits, that told me the market has bottomed.

I'm still waiting for SNOW under 100. That's the last GTC from Covid to fill.
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