SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.23+0.1%Nov 7 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zen Dollar Round who wrote (56321)7/29/2024 12:55:13 PM
From: Trader J1 Recommendation

Recommended By
Zen Dollar Round

   of 56532
 
CMG: Can't say I am significantly compelled by CMG but I wanted to start establishing a position into the downtrend when I saw it base out a bit. Still though $47-$48 could be possible and I'm still waiting to see what the market does. Have another two positions to take if desired, no hurry. With no dividend, I'm reluctant to establish too much more of a position but the fallout from the highs was material. That said, the 50:1 split has increased share liquidity in a big way which plays into the action so it's a better position trade. I don't see this as an ultra long term hold, just an "evaluate on the go" position as I build the position.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News