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I have 17 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

    Default GBTC....what the heck?

    I have no idea what this is, or why it goes up, or why it will go down...but I think there are greater fools out there and I'll throw in a few sheckles tomorrow...what the heck.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  2. #2

    Default

    I got in at 1436 at the open this morning...will keep a stop loss on it
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  3. #3
    Join Date
    Mar 2014
    Posts
    1

    Default

    Mr Market,
    Long time first time here. Appreciate all you do. I've been in this since early May at 220 so have now realized 7x or so. My son, who is into cryptos, turned me on to this. I plan on holding long term and will add on a substantial dip. Keep an eye on the premium. The pps usually dips once the premium exceeds 40%, even is bitcoin is up. Left from Citron has already bashed gbtc and he is due for another bashing.

  4. #4
    Join Date
    Sep 2014
    Location
    Arkansas
    Posts
    285

    Default

    Greater fool may be a good strategy with these cryptos. I've had a few people who don't invest telling me they are buying this crypto stock or that one. They are certainly hot right now and wow! What a bubble!
    Math doesn't lie, but people do.

  5. #5
    Join Date
    Oct 2003
    Location
    Hamilton MA
    Posts
    2,204

    Default

    Quote Originally Posted by mrmarket View Post
    I got in at 1436 at the open this morning...will keep a stop loss on it

    You have a pair on you like this [hefts two grapefruit].

  6. #6

    Default

    Quote Originally Posted by Louetta View Post
    You have a pair on you like this [hefts two grapefruit].
    up 17% so far...will keep me fruited for a while
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  7. #7
    Join Date
    Nov 2003
    Location
    ohio
    Posts
    8,976

    Default

    Mr.Market, Watch out for that banana peel stuck on the bottom of your ice skate.

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

  8. #8
    Join Date
    Sep 2003
    Posts
    5,052

    Question

    Quote Originally Posted by mrmarket View Post
    up 17% so far...will keep me fruited for a while
    Up 27% now... are you thinking of taking any of it off the table at this point?

  9. #9

    Default

    I got out last week...
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  10. #10
    Join Date
    Nov 2003
    Location
    ohio
    Posts
    8,976

    Default

    I'm telling my boys to sell their bitcoin pieces. Well, maybe half. Cryptocurrency is all Greek to me. Just got an e-mail from son #2. He says so many are saying it's a bubble, it's not yet a bubble until we least expect it !

    ----------------billy
    Last edited by billyjoe; 12-11-2017 at 10:08 AM. Reason: e-mail from son

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