iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,350 Blog Posts

TRANSFIXED BY $NIO — AVERAGED DOWN AND GAMBLED MORE

I was going to either sell it or double down, so I decided to buy more. The notion of buying this is painful, especially since it was down 20% today. But, this sort of action has preceded many a rallies. Once the sellers get flushed the fuck out and the weak hands have been executed, the stock can run in the wind, naked, cock out — strong.

My basis is $11.40. Should I end up with a mammoth victory here, I will once again declare myself to be the greatest trader alive.

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4 comments

  1. thegametheorist

    Already back up. What a wild stock

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  2. gatorsun

    NIO chasers get slammed….QTT new china ipo next up in the pump and dump game

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  3. gatorsun

    GNC for the real freaks

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  4. gatorsun

    QTT aint no one watching it

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