WHY do you want to catch a falling knife? You buy UP trends. There are plenty. Screen for them. EL's 200 day rate of change is -49%. That's a down trend. More to go. IF and when below $50, that will confirm it. Quite possibly low to mid-20's then base sideways for years. Dead money.
I already made 8.6% on ~450k and got out. So, idk what this "falling knife" you're talking about is. Look at the chart, the poll results, and the dates... then prove me wrong. (Edit: punctuation)
Hold it, dudes. (I missed the poll.) I used to work for them in IT. They have incredible international reach.
No you didn't... you voted "hold" It wasn't an anonymous poll. You wanna continue holding, that's up to you. Me, I get in, I get out; like a bunny. Very active, turnover is crazy.
$450,000 . Uh huh. Disrespect for position size. "Made" is past tense. So is "got out" Taxable event. We're all in the ever evolving moment of now. Polls? You mean like the numerous Harris polls? White mice, in labs, are addicted to random rewards. It's about the cheese.
THIRTY SIX THOUSAND posts? The ax's reach "trumps" EL's global scope. It's worth what "he" will bid for it at any point.
The poll at the top of this thread topic which closed Nov 1. It shows who decided what after the price drop. Just connect the dots and you'll see it was a winning trade. Annualized, it made quite a tidy sum for me. (edit: added Bugs)
Lol, you don't have to believe me. There's no way to prove the minutia anyway. After all, there's such a thing called photoshop (which everyone knows you're a fan of poopy). Not to mention that stuff is secondary anyway. What matters is the timeline of posts clearly shows it was a good judgement call. So... in your faces! Anyway, I've closed my position. The rest is on you. (edit: for those who are curious, I won't be posting my tax returns at the end of the year)