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06-25-2020, 02:08 PM | #5476 |
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IBIO's making me horny
strong support building at 1.60 levels
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06-25-2020, 02:50 PM | #5477 |
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YEAHHHHHHHHHH BABBEEEEEEEEEEEEEEE
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06-25-2020, 03:13 PM | #5478 |
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06-25-2020, 03:14 PM | #5479 |
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06-25-2020, 03:18 PM | #5480 |
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Meh, we're in a bit of a trading range here and you are going to see selling at the end of the quarter as managers re-balance their portfolios. Plus people are going to start preparing for the election and the media is doing their best into scaring the country back into a shut down partially because of said coming election.
For all intents and purposes in a longer term view this is still a bear market rally. |
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06-25-2020, 03:19 PM | #5481 | |
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06-25-2020, 03:22 PM | #5482 |
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06-25-2020, 03:28 PM | #5483 |
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It's currently at at 1.79. HOW THAT HAPPEN?!
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06-25-2020, 03:36 PM | #5484 |
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06-25-2020, 04:09 PM | #5485 |
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I've been watching this stock every day for weeks. People keep buying in the 1.50s and now it's building in the 1.60s. Trust me, it has a shit ton of support.
It's been very slow and steady for a long time now. This won't fall past 1.60 for weeks.
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06-25-2020, 04:54 PM | #5486 |
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You guys are hilarious. You have seen IBIO jump primarily because it is joining the Russell indices as of COB tomorrow as part of the annual rebalance of the index. Tomorrow and Monday will be huge days because literally 8 trillion in funds are based on the Russell 2000 index. Selling AH tomorrow or on Monday is probably the play.
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06-25-2020, 04:56 PM | #5487 | |
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06-25-2020, 04:58 PM | #5488 |
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Similarly, I sold puts on FSLY and SPCE to take advantage of the same rebalancing.
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06-25-2020, 05:03 PM | #5489 | |
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Quote:
That is about to be so, so tasty.
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06-25-2020, 05:33 PM | #5490 |
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