aremso:
LXEH

Know your entry and exit level


Your DD applies

Which broker are you using bro

emmaodet:


Which broker are you using bro

Bamboo

Just looking at FOXO now and possible thing that may happen, they currently have 8m+ total shares and free float of 4m+. Possible scenario:
They will do RS of 1:10 which will bring the free float to 450k units then they will pump to stupor then do dilution before the share price goes down just like HOLO wit free float of 1m HOLO was pumped to 100$ before flogging now going back to 2$. Just assumption oo cos I usually look at worst case scenario. Newbies known when to leave in such case else you becomes bag holders

Just my own analysis ooo

Your DD applies

aremso:


Bamboo

Okay.
Thanks

aremso:
Just looking at FOXO now and possible thing that may happen, they currently have 8m+ total shares and free float of 4m+. Possible scenario:
They will do RS of 1:10 which will bring the free float to 450k units then they will pump to stupor then do dilution before the share price goes down just like HOLO wit free float of 1m HOLO was pumped to 100$ before flogging now going back to 2$. Just assumption oo cos I usually look at worst case scenario. Newbies known when to leave in such case else you becomes bag holders

Just my own analysis ooo

Your DD applies

What is RS bro?

emmaodet:

What is RS bro?

Reverse stock split I think

emmaodet:


What is RS bro?

Reverse stock split

aremso:
Just looking at FOXO now and possible thing that may happen, they currently have 8m+ total shares and free float of 4m+. Possible scenario:
They will do RS of 1:10 which will bring the free float to 450k units then they will pump to stupor then do dilution before the share price goes down just like HOLO wit free float of 1m HOLO was pumped to 100$ before flogging now going back to 2$. Just assumption oo cos I usually look at worst case scenario. Newbies known when to leave in such case else you becomes bag holders

Just my own analysis ooo

Your DD applies

Hmm..
I've learnt to avoid stocks with possible reserve split o.
The shorting no be after after the RS day o..
Toor.

Penboy:


Hmm..
I've learnt to avoid stocks with possible reserve split o.
The shorting no be after after the RS day o..
Toor.

That is why u have to stick to the strategies that works for you, I can trade any stock even if they are going to do RS what matters most is the entry level before reverse split and the numbers of free float after the RS. I mentioned a stock here sometime around last year AKA, I have kid lady friend who I mentor she bought AKA and they did RS as at last time she screen shot the stock she was already on 85% gain after the reverse split. If you enter a stock at 0.70$ the stock gets to 0.20$ before the RS is done and post RS free float is still around 20-30m sure they will shot the hell out of it and and you will loose and even wtout shorting u will still loose because u bought higher before the RS and numbers of from float. If a stock is doing a RS and will have free float of 400-1m post RS is hard to short it down any how rather they pump for like 2-3days then short the hell out of it. Check this stock RENT after the RS the stock has done over 300% reason the free float now around 1munits AKA is even a slow mover with free float of 900k+ check egio has done pump up after RS post RS free float is 3m+ so it depends on the free float figures after RS. If a stock has free float of 400k post RS any little positive info they will pump to 500%. Check HOLO chart in Feb and see the movement it has 1.8m free float and small news triggered over 3000% massive up. For like 2weeks but one thing is it will surely come down so know when to pull out. That was why I stated earlier, Support and Resistance is very key when buying stocks. If I bought at 0.20 and u did at 0.80 they can still pump to 0.30 before RS and I can still gain well after the RS. Typical example I was averaging down FREQ from 0.65 to 43 cent, some one here bought at 0.33 made more money than me after the RS and merger in terms of percentage gained. TCRT I bought at 0.09 they pumped it to 0.27 before reverse split they person that bought at 0.25 can't escape the shorties gun but me don Japa wit over 100% gain

aremso:


That is why u have to stick to the strategies that works for you, I can trade any stock even if they are going to do RS what matters most is the entry level before reverse split and the numbers of free float after the RS. I mentioned a stock here sometime around last year AKA, I have kid lady friend who I mentor she bought AKA and they did RS as at last time she screen shot the stock she was already on 85% gain after the reverse split. If you enter a stock at 0.70$ the stock gets to 0.20$ before the RS is done and post RS free float is still around 20-30m sure they will shot the hell out of it and and you will loose and even wtout shorting u will still loose because u bought higher before the RS and numbers of from float. If a stock is doing a RS and will have free float of 400-1m post RS is hard to short it down any how rather they pump for like 2-3days then short the hell out of it. Check this stock RENT after the RS the stock has done over 300% reason the free float now around 1munits AKA is even a slow mover with free float of 900k+ check egio has done pump up after RS post RS free float is 3m+ so it depends on the free float figures after RS. If a stock has free float of 400k post RS any little positive info they will pump to 500%. Check HOLO chart in Feb and see the movement it has 1.8m free float and small news triggered over 3000% massive up. For like 2weeks but one thing is it will surely come down so know when to pull out. That was why I stated earlier, Support and Resistance is very key when buying stocks. If I bought at 0.20 and u did at 0.80 they can still pump to 0.30 before RS and I can still gain well after the RS. Typical example I was averaging down FREQ from 0.65 to 43 cent, some one here bought at 0.33 made more money than me after the RS and merger in terms of percentage gained. TCRT I bought at 0.09 they pumped it to 0.27 before reverse split they person that bought at 0.25 can't escape the shorties gun but me don Japa wit over 100% gain

Yeah.. I get you sha.
Thanks

I think I mentioned this stock here before

FIXX

They merged with QTTB wit post merger price of around $15, it closed at $28 yesterday almost going to 100% gain and those that have entered at 0.50 before it did RS at 0.88 they should be on 130% gain now.

MARKET IS ABOUT TO DO A Reset!!!
As we prepare for the new week, we need to slow down on buying. If nothing unsual happens to keep the bullish expecting alive, we may see the bear on full throttle.

So we should be prepared to take some of out money out of the market (temporarily). Then we should be prepared to start playing on the short side. From the look of things, among the 1st casualty of th8s bearish move may be the Gold stocks.

So, not a time to panic, let us look at our portfolios on Monday/Tuesday, we should see how the market is playing out and then see other sectors that will be bearish (Gold and blockchain industries are pencil led down already).

Wishing all the best, at a time like this no stock is safe, a big bear is likely to bring the prices of most stocks down including the blue chips (you can can check the price chart for: VZ, PSX, T, PFE etc they are I strong downtrend). Agains, conclusion is don't panic, mark down those stocks you need to sell af chats are bearish, not those you are to sell and take profits and you may rebuy at lower price. Losses are normal ( but we should keep them to manageable level, 25% of our purchase price, if you are well diversified this should be around 2% of your portfolio value). This may also be an opportunity for some of us with too many stocks in our portfolio (some have over 40) to look forward to consolidating some of the stocks such that we will have a portfolio that make us to forget that we even have some stocks, only for us to check one day and see that we have a stock that has been falling heavily, which we should have sold long ago).

yok:
MARKET IS ABOUT TO DO A Reset!!!
As we prepare for the new week, we need to slow down on buying. If nothing unsual happens to keep the bullish expecting alive, we may see the bear on full throttle.

So we should be prepared to take some of out money out of the market (temporarily). Then we should be prepared to start playing on the short side. From the look of things, among the 1st casualty of th8s bearish move may be the Gold stocks.

So, not a time to panic, let us look at our portfolios on Monday/Tuesday, we should see how the market is playing out and then see other sectors that will be bearish (Gold and blockchain industries are pencil led down already).

Wishing all the best, at a time like this no stock is safe, a big bear is likely to bring the prices of most stocks down including the blue chips (you can can check the price chart for: VZ, PSX, T, PFE etc they are I strong downtrend). Agains, conclusion is don't panic, mark down those stocks you need to sell af chats are bearish, not those you are to sell and take profits and you may rebuy at lower price. Losses are normal ( but we should keep them to manageable level, 25% of our purchase price, if you are well diversified this should be around 2% of your portfolio value). This may also be an opportunity for some of us with too many stocks in our portfolio (some have over 40) to look forward to consolidating some of the stocks such that we will have a portfolio that make us to forget that we even have some stocks, only for us to check one day and see that we have a stock that has been falling heavily, which we should have sold long ago).

40 stocks? Those ones be Warren Buffett in the making

aremso:
Take note of this stock:

KTRA, they are margin with another company, the price is low at this current level in my own view. I mentioned FREQ here when they wanted to merge with korro and after the merger and RS, post merger and RS price was $14+ the stock moved from 14$ to $34 I pulled out at 34$ from 34 it gradually moved to 98$ if I had known I would have not sold. Same will likely repeat it self on KTRA

For those who wants to confirm post FREQ merger ticker name, is KORRO Bio


Your DD applies

I just want to use this to thank you Mr Aremso for your call of this stock. I jumped on it then but I was away for some months due to a family tragedy. I just came back and discovered that I am up over 200% in gain with a new ticker name KORRO
Please keep sharing here your calls and any other useful information
Thanks once again and God bless you more

aremso:
Take note of this stock:

KTRA, they are margin with another company, the price is low at this current level in my own view. I mentioned FREQ here when they wanted to merge with korro and after the merger and RS, post merger and RS price was $14+ the stock moved from 14$ to $34 I pulled out at 34$ from 34 it gradually moved to 98$ if I had known I would have not sold. Same will likely repeat it self on KTRA

For those who wants to confirm post FREQ merger ticker name, is KORRO Bio


Your DD applies

I am jumping on this too.....please keep us update. Thanks

Alaska90:


I just want to use this to thank you Mr Aremso for your call of this stock. I jumped on it then but I was away for some months due to a family tragedy. I just came back and discovered that I am up over 200% in gain with a new ticker name KORRO
Please keep sharing here your calls and any other useful information
Thanks once again and God bless you more

Thank God you are back, hope everyone in the family is fine now!

Watch this HLTH though have mentioned it here before this time don't buy yet watch out for possible M&A or outright sale, when u see it surging premarket enter for possible 50-100% gain then pull out first. But if you see it at 0.10 enter


DD pls

Alaska90:


I am jumping on this too.....please keep us update. Thanks

I even want to buy more exchange rate is my headaches because I pulled some gain out but have determined to grow my account to a certain level before I pull anything out, if it goes down again this week I will enter irrespective of exchange rate as long as 100% is guaranteed on this one by God grace.

DD applies!

If I send money from my Nigeria bank to a friend's bank in Fiji, will the money be deducted immediately in my account

For those who can take the risk in KTRA

Support 0.8-0.10 if it brakes 0.11


DD applies

TARGET MARKET COMMENT FOR 14 APRIL 2024- US MARKET
Today is a day that NO ACTION may be the best action.

Market looking bad for both commodities and stocks. However, we want to see what the 2 Fed speakers will say on the update for rate cut.

Generally we are preparing for the short side, but this may be too early. We are looking at China (Government has done a lot of things to ensure the market picks up, but nearly all incentives are still not effective). This China situation is nearly similar to what Nigeria will go through, if the Government policies have destroyed the foundation for which business growth (Government was chasing Jac Maa all over the place and even stop him from doing IPO for one of the businesses at a time). Now some of the Chinese entrepreneurs has moved their businesses out of China for good, so all the Government policies for business growth now seems to be like future trap and son the big businesses are ignoring any need to grow their businesses in China. So, we have to approach opportunity to buy Chinese stocks with care, but we hope the present Govenment incentives will yield some positive results.

So today, we should keep our cash market is looking very dangerous. We will have a better few after the market consider the pronouncements from the 2 Fed speakers.

One of our plan is to short gold and the others will unfold subsequently.

Also for Nigeria market, the current zone is good area for big money to sell, so we may see more pullbacks (and more is still expected, as the Government is still in the stage of being hostile to businesses)

MARKET LOOKING PRETTY DIFFICULT TODAY
This is a point where book fundamentals can make somebody mad. However, the chart/what is happening live will give us the headway. One of the thing we need to learn at a time like this is how to edge our portfolios (in Cas we do not want to sell the stocks that are likely to be impacted by the downturn).

Wishing everybody the best. Again China is dissapointing, as it is trailing the issue that US is contending with.

For those of us using brokers with zero commission, going in and out of the market frequently should not be our worry, as commission burden is off our neck.

Wishing all the best. We should avoid panic, we should do what we need to do (get out, wait or hedge) as necessary.

LET US BE READY FOR A TOUGHER MARKET
The unexpected has happened, inflation has won the fight against rate cut expectation.

https://www.investing.com/news/economy/powell-says-recent-inflation-data-point-to-need-to-keep-rates-higher-for-longer-3380757

Now we need to add some shorting to our strategies. So it is back to the drawing board.

We will not panic, now it is the quaterlibg earnings that will determine the next direction of the market. Now the dollar is going to be stronger? What are we to do. Let us face the task of Managing our trades. Trading is serious, this is the reason we should avoid distractions when we are planning our trades.

At a time like this quality of our stocks matter. It is very unfortunate that we will see more people being washed out of the market. So expect some people to become quiet, some people that you see that have made comments may not be able to make comment aga, due to dicipation of their trading capital

yok:
LET US BE READY FOR A TOUGHER MARKET
The unexpected has happened, inflation has won the fight against rate cut expectation.

https://www.investing.com/news/economy/powell-says-recent-inflation-data-point-to-need-to-keep-rates-higher-for-longer-3380757

Now we need to add some shorting to our strategies. So it is back to the drawing board.

We will not panic, now it is the quaterlibg earnings that will determine the next direction of the market. Now the dollar is going to be stronger? What are we to do. Let us face the task of Managing our trades. Trading is serious, this is the reason we should avoid distractions when we are planning our trades.

At a time like this quality of our stocks matter. It is very unfortunate that we will see more people being washed out of the market. So expect some people to become quiet, some people that you see that have made comments may not be able to make comment aga, due to dicipation of their trading capital

that is why I advocate that everyone should have their trading strategies and know the risk u are entering or taking I still bought some units of my target stock today.

yok:
LET US BE READY FOR A TOUGHER MARKET
The unexpected has happened, inflation has won the fight against rate cut expectation.

https://www.investing.com/news/economy/powell-says-recent-inflation-data-point-to-need-to-keep-rates-higher-for-longer-3380757


At a time like this quality of our stocks matter. It is very unfortunate that we will see more people being washed out of the market. So expect some people to become quiet, some people that you see that have made comments may not be able to make comment aga, due to dicipation of their trading capital

Everybody has their strategy. I don't expect people to be holding on to $CGC with the poor result associated to $TILRAY it was bound to get dragged.

On bitcoin, halving was in motion so you can't be tapping it but looking after post halving.

On $Foxo already down, but will be adding to it with my loose cash bit by bit(a long term hold).

Economic data(Inflation cum expected rate hike) will only do what it does best.

Patience and caution! Know your risk tolerance

PS: You don't need to rub it on any body's face.

Zagee:



Everybody has their strategy. I don't expect people to be holding on to $CGC with the poor result associated to $TILRAY it was bound to get dragged.

On bitcoin, halving was in motion so you can't be tapping it but looking after post halving.

On $Foxo already down, but will be adding to it with my loose cash bit by bit(a long term hold).

Economic data(Inflation cum expected rate hike) will only do what it does best.

Patience and caution! Know your risk tolerance

PS: You don't need to rub it on any body's face.

On FOXO I knew it will go down since it go down since is yet to brake resistance of 0.45 and most likely it will gap down to previous support of 0.25 which it did yesterday and started moving up again. At 0.25+ it was loosing 10% but closed at 5.93% so it will move if their management released press statement or even their q4 2023 it will move for KTRA since it has already done 120% gap up when the news of merger came so they will surely Short it until they are tired by q3 when they finalize their merger it will move. For those that took CGC with me last year it delivered over 180% when it moved from 0.38 to 1.07% was even out before they did their RS. For tilray if they don't produce results that is close to their OS that stock goin no we have left it since. I prefer health sector from day one because no matter what they will have one catalyst or the other that will push them. Clinical trials, FDA approval, Cancer drug success(this can give 2000% gain) Merger or outright sale. So health sector have catalyst that will always push them. FOXO is under health sector and wants to use AI in their operations so is a sleeping giant

aremso:


On FOXO I knew it will go down since it go down since is yet to brake resistance of 0.45 and most likely it will gap down to previous support of 0.25 which it did yesterday and started moving up again. At 0.25+ it was loosing 10% but closed at 5.93% so it will move if their management released press statement or even their q4 2023 it will move for KTRA since it has already done 120% gap up when the news of merger came so they will surely Short it until they are tired by q3 when they finalize their merger it will move. For those that took CGC with me last year it delivered over 180% when it moved from 0.38 to 1.07% was even out before they did their RS. For tilray if they don't produce results that is close to their OS that stock goin no we have left it since. I prefer health sector from day one because no matter what they will have one catalyst or the other that will push them. Clinical trials, FDA approval, Cancer drug success(this can give 2000% gain) Merger or outright sale. So health sector have catalyst that will always push them. FOXO is under health sector and wants to use AI in their operations so is a sleeping giant

Definitely watching the charts. As for medical stocks- a goldmine. It's just the gestation period that can be tiring sometimes.


On $CGC, have you been able to make some sense on this new structure its establishing? Best to see it play out to next earnings. What do you think?

Zagee:


Definitely watching the charts. As for medical stocks- a goldmine. It's just the gestation period that can be tiring sometimes.


On $CGC, have you been able to make some sense on this new structure its establishing? Best to see it play out to next earnings. What do you think?

CGC will move with time, they will still need to cut a lot of things to strengthen their balance sheet. Gestation period very tiring u are absolutely correct and during that time shorties usually do what they like with it.

MARKET PLAN FOR 17 APRIL 2024
With rate likely to stay same or go up if inflation increases, the FED has now let the market to find get own level. Temporary we want to slow down and our guide will be the chart of our indicated stocks going higher above the opening price after 30 minutes of market opening.

Companies in the Agribusiness subsector might be one to be added to the radar (hold , not buy for now) of a value or dividends portfolio. I was attracted to this sector because of the products category and their dividends generosity. A few negatives:

1. The sector performs poorly when there's nationwide/global supply chain problems.
2. There's constant threat to products - disasters, transportation, storage, etc.
3. Cost of sales is very elastic, and net income fluctuates with inflation and other factors.
4. Growth in stock value rapidly follows growth in earnings, shutting out investors who want to buy on book improvements - rumors are the deal, not news.

Bunge is one to watch - globally large, Canadian NTR is another.

yok:
LET US BE READY FOR A TOUGHER MARKET
The unexpected has happened, inflation has won the fight against rate cut expectation.

https://www.investing.com/news/economy/powell-says-recent-inflation-data-point-to-need-to-keep-rates-higher-for-longer-3380757

Now we need to add some shorting to our strategies......
......
At a time like this quality of our stocks matter. It is very unfortunate that we will see more people being washed out of the market. So expect some people to become quiet, some people that you see that have made comments may not be able to make comment aga, due to dicipation of their trading capital

Earlier statements of the quotes were trimmed to avoid length.

The bolded statement may not be necessary. Everyone has a strategy aligning with their goals, capital size, risk-reward cutoff. To some, the stock market is just a store of value and avenue for growth. A good job enables you pay mortgage, enroll in 529 and trust funds for you children, sponsor your education advancement and certifications, throw savings into your retirement account, build some investment portfolios, and lead a comfortable life. After 20-30years, that career has taken you places, sent your kids to top schools, provided for your needs and wants, and leaves you with a high value estate and steady pension. Another person's route might be business. The fact that making 400% gains in your investment vehicles is not your goal does not necessarily mean you are not getting to your destination. If trading of securities, forex, debt instruments, etc is your path to achieving your life goals, invest all your resources in it and stay focused; it will be worth it in the end. Let's foxus on ourselves and always avoid the urge to throw stones- it might come back to hit us.

Capitas7:


Earlier statements of the quotes were trimmed to avoid length.

The bolded statement may not be necessary. Everyone has a strategy aligning with their goals, capital size, risk-reward cutoff. To some, the stock market is just a store of value and avenue for growth. A good job enables you pay mortgage, enroll in 529 and trust funds for you children, sponsor your education advancement and certifications, throw savings into your retirement account, build some investment portfolios, and lead a comfortable life. After 20-30years, that career has taken you places, sent your kids to top schools, provided for your needs and wants, and leaves you with a high value estate and steady pension. Another person's route might be business. The fact that making 400% gains in your investment vehicles is not your goal does not necessarily mean you are not getting to your destination. If trading of securities, forex, debt instruments, etc is your path to achieving your life goals, invest all your resources in it and stay focused; it will be worth it in the end. Let's foxus on ourselves and always avoid the urge to throw stones- it might come back to hit us.

People who are successful in their careers or businesses have come here to humbly ask questions in the past e.g. someone shared how AI guided him to grow a 25k portfolio to 36k within a few months; he shared on another platform, how he has grown the same NYSE portfolio to 100k, all within Q1 2024. He did not come back here to mention the 100k current value nor to mention the business he bought late last year that has returned over 100% of cost of purchase. Why? The answer is simple: to him, US stocks is just one of multiple investments, just one of many fronts of growing wealth, and not an avenue to be talking down on others on a public forum.
Based on my own growth expectations, someone who starts a business of stocks trading advisory services for subscription income should be close to owning a funds management business (either small or large scale) after 5 years of growing the advisory business. That's my own standards, and it does not mean I'd go out there to say anyone who hasn't grown like that is not doing well.