(07-16-2021, 04:15 PM)HURRICANE!!! Wrote: Just bought VFF and TCNNF @ 3:30pm.  

I meant to pick up some CLNE as well but forgot.

House money -- no biggie.  low risk high reward.

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(07-16-2021, 03:46 PM)jagibelieve Wrote: 1)  Short term is usually because of news.

This includes an extremely broad area but I agree.

news of regulation changes (e.g. weed stocks)
news of share buy back
news of additional shares being released to public
news of chinese government crackdown
news of election polls 
news of covid-19 / delta variant hospitalization rates

I also know that Short Term stocks are swayed at the industry level.  Example: Delta Variant breakout helps work from home stocks and hurts travel so there is no single answer to Mikey Mike's question.

Kind of.

I did a short-term trade that I never intended to be AS short of a term a while back.  In one of my rare instances of buying an individual stock, I happened to buy Smith and Wesson on or around June 5th of 2016.  June 11 2016 is when the shooting happened at the Pulse night club.  The stock soared in the next week or so and I cashed out before it came back down to earth.

Looking back now, I was extremely lucky.  I didn't look as closely at the fundamentals of a company, I was trading on "gut instinct" and "what I thought" rather than looking at the data.  I made a little bit of money on that trade, but it also taught me an important lesson.  NEVER buy a stock because you "like" the company for personal reasons.  ALWAYS review the data.  Smith and Wesson has actually performed poorly since that happened.

In my "unprofessional" opinion CCL has been and still is a bad buy.  It's going to take them a few years to start having positive cash flow.

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