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I have 83 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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  1. #1
    Join Date
    Sep 2014
    Location
    Arkansas
    Posts
    243

    Default SVMK - Survey Monkey IPO

    This is a product I use and see used everywhere. I'm interested in this one: https://techcrunch.com/2018/08/29/su...or-nasdaq-ipo/
    Math doesn't lie, but people do.

  2. #2
    Join Date
    Nov 2003
    Location
    ohio
    Posts
    8,916

    Default

    Not profitable yet. Do you see a change coming?

    -----------billy

  3. #3
    Join Date
    Sep 2014
    Location
    Arkansas
    Posts
    243

    Default

    I saw that and I wonder why. They've been around a while and their platform is widely used and they have a recognizable brand. However, it is apparently possible to make a profit on a non-profitable company at IPO. Tesla is an example I believe (I didn't buy it).
    Math doesn't lie, but people do.

  4. #4
    Join Date
    Sep 2014
    Location
    Arkansas
    Posts
    243

    Default

    Did anyone buy the IPO? What price did you get? I was working and missed the open. I bought a little at eod, but that was silly.
    Math doesn't lie, but people do.

  5. #5
    Join Date
    Sep 2003
    Location
    Akron, OH
    Posts
    1,718

    Default

    This one is getting interesting.
    Tim -Retired Problem Solver

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