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To: HKMk23

I bought it at $24 and sold it at $100 a few days later.

What makes you think it will spike again?


2 posted on 11/09/2021 9:58:20 AM PST by enumerated
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To: enumerated

Good move! You jumped in on the initial ascent and made a nice exit. Congrats on that 400% gain.

I maybe should have bailed when it hit the big spike the second day; perhaps I could have got 1000% return, but my IRA account has no margin trading feature so I would have had to wait for that trade to Settle before I could get back in. Plus, I haven’t been Day Trading, though I’m considering being more active. I’ve operated more on finding opportunities and going in for long periods. I have holdings in Delta and Southwest I picked up when they were on the skids during the big COVID Crash. They peaked and have settled back some, because COVID is still cramping our flying style, but I’m comfortable that they’re sound holdings. I must be some kind of contrarian though; Schwab gives them both “F” ratings. LOL!

I’m encouraged to see how DWAC performs when Truth Social goes live.

I am aware that all the usual suspects will pull out all the stops to try to thwart, minimize, harry, and harangue that event, but success in spite of those factors would see the security become more attractive; I think there will be a rapid move upward, followed by a “settle back” period where it will plateau at a higher value than it has today.

I’m invested for the long term, and the potential for another substantive uptick is just mo betta on my balance sheet.


5 posted on 11/09/2021 10:26:00 AM PST by HKMk23 (The right of freedom of religion shall not be derogated even if the life of the nation is at stake.)
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To: enumerated

How did you buy it? Online site?


7 posted on 11/09/2021 10:42:19 AM PST by ex91B10 (Just because you can doesn't mean you should. )
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