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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@TheNextBigRush@ylr - catching falling knives is a great lazy way to make money in this business... or are we not in the resource sector where contrarians succeed and sheep get slaughtered? :P It's more about timeframe than the stock going down.
@Excelsior@ylr - I had a nice swing trade buying the $NDM$NAK selloff after the Kerrisdale piece circulated and it became blatantly obvious to everyone what an extreme #PumpNDump it was, but right as the republican letter was sent asking for a review of the EPA rules. Nice pickup, easy money, and I wouldn't say "Never catch a falling knife" as eventually even stocks or sectors that are toast will have a #DeadCatBounce. Using #TechnicalAnalysis and #chart indicators is also a good way to spot short-duration turns.
The statement is really "Be careful catching falling knives..." :-)
@tommy@YLR St Augustines is one of Vancouver's best pubs, with hundreds of beers on tap, and no pretension. Commercial Dr location is a 10 min sky train and 5 min walk from the downtown core. You want to plan your Vancouver meetups in the core, lol, but I'll indulge you this time. See you around 5:30 and anyone else who is up for it.
@tommySt Augustine's pub was great tonight.
Best wingman @Murat and I met @YLR@EvenPrime and @madeofrubber. I was the dumbest guy at the table.
There's something special about @EvenPrime in a good way. Nuclear physics whiz. Investible maybe.
@MadeofRubber is a successful CEO and like Even was full of good ideas for our startup. Thank you!
@YLR exactly as on chat, but better looking!
The venue was a favourite of a friend who passed last year.
I found unexpected will power to not drink tonight!
Earlier I met @BenjaminCox for a cheap date that went well. He's as bright as they come and still very bullish on base metals, but said the Canadian penny stock bull market (1.25 years) is maybe looking long in the tooth.
Couldn't have asked for a better day of connecting with friends.
Especially D'Arcy in Chicago, who is only a COO over at Second City. I emceed D'arcy's wedding in Bahamas last year and the prick never called me!
Many belly laughs on long call with him earlier.
Connecting with people can be so effortless and rewarding some days, and so difficult the next.
Today was awesome. Thanks!