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 : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (82766)11/11/2023 10:49:21 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (3) | Respond to of 97457
 
No arguments with your answer. My point is you are finding great longer term short opportunities so I am interested in the screening process.

I have said many times, your process works great for you so I wouldn't change a thing. I don't want to get into the old stuff anymore about trends. What I am interested in is playing the longer term downtrends which is lower risk than trying to time short term bounces within them. You play your high percentage gain mini bounces and I am wanting to play the slower long grinds down.

I just finished another batch of your recent picks and again, most have already run their course so the risk/reward isn't favorable for me. I did find two I am considering however as you can see in my comments on QRTEP, I was looking to play puts but I just looked and it doesn't have options unfortunately. I don't like naked shorting stocks and prefer the limited risk in options better. I also wouldn't want to be short and have to pay the large Dividend vs a put play that could have been put on in advance to take advantage of the post ex-div drop.

There is one biotech that doesn't look too bad for a long but as you say, they are risky. All the others were pretty clear to me shorts all along. There is one play I might do soon on the put side as it still has room to fall more.

On a side note, I am curious how a plastic recycler has no revenues. That had me scratching my head???????????

Here is the next batch of charts.....




















To: Sun Tzu who wrote (82766)12/19/2023 1:43:20 PM
From: Sun Tzu1 Recommendation

Recommended By
The Ox

  Read Replies (1) | Respond to of 97457
 
Where is Lee when I want to taunt him?
This is from my last post on the subject to him (I'm replying to him:

CGEN is another one. The chart looks like crap. But the company has survived for 30 years going up and down. They are trading near cash value and have a few promising pokers in the fire. Their cash will carry them through for more than a year. After that, one of 3 things will happen: (1) A new bull market begins and they will rise high on the back of having been priced for bankruptcy but now having access to free money. (2) The economy is in shambles and they will go even lower or bankrupt. (3) One of their products gets approved and the stock will go sky high. How high? Just last year, BMY (GSK?) invested in them for $8 per share to have some access to their product. If they just go back to that over the next 3 - 5 years, you have a 15x bagger. The stock has a history of moving 8x from its lows.


And this is my CGEN today: