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re: Did Reddit get ahold of ZOM or something?
Posted on 3/31/21 at 8:17 am to CollegeFBRules
Posted on 3/31/21 at 8:17 am to CollegeFBRules
There are scores of discords out there for penny stocks that are fantastic and don’t come with the drama (most of the same stocks too). They actually bring really good information to the table and people discuss freely. This board has gotten much better since his departure.
This post was edited on 3/31/21 at 8:18 am
1
Posted on 3/31/21 at 9:26 am to xxTIMMYxx
You all do you, but dang this board is still obsessed.
Posted on 3/31/21 at 1:13 pm to DarthRebel
Posted on 3/31/21 at 3:12 pm to jlu03
I'm in on ZOM at $1.08. I guess I'll just hang onto it a while longer. Still seems premature to drop it just yet.
Posted on 4/5/21 at 9:22 am to S1C EM
I’d love it if Reddit would like to get involved again 
This post was edited on 4/5/21 at 9:23 am
Posted on 4/5/21 at 9:38 am to St Augustine
So was this just a pump and dump? It was added to two S&P ETFs in the last week so my thought is I can hold long if more institutional investors are getting in. If it was just a P&D then at least I’ll know to never expect it to get above its previous high of under $3.
Posted on 4/5/21 at 9:44 am to Who_Dat_Tiger
I'm a little curious as to what it will take to get it moving back up. It's getting really close to a point where I may have to cut it. Is there any legitimate thought that it's still a long-term hold?
Posted on 4/5/21 at 9:45 am to Who_Dat_Tiger
If this is indeed a pump and dump it would be very disappointing. A lot of posters on here were pretty sure that this was a viable and long-term hold, as in, buy as many shares as you can and hold for a long time. This doesn’t seem to be the case any longer.
Posted on 4/5/21 at 10:53 am to S1C EM
I'd assume some press by the company about how their initial sales have been will get the stock moving again.
They announce the early release of the product on March 16th and no news at all since.....and the stock has slowy been falling ever since.
They announce the early release of the product on March 16th and no news at all since.....and the stock has slowy been falling ever since.
Posted on 4/5/21 at 2:27 pm to Who_Dat_Tiger
quote:
It was added to two S&P ETFs in the last week so my thought is I can hold long if more institutional investors are getting in.
I wouldn’t get too excited when any company is added to an index fund. It’s not a vote of confidence nor would being dropped be a negative - making your way into an index fund is mostly a symptom rather than a cause of anything in particular.
Posted on 4/5/21 at 4:14 pm to LSUlefty
I’m glad I just put shits and giggles money into it. I almost got swept up in AT penny stock mania.
Posted on 4/5/21 at 5:56 pm to TheWalrus
I bought back in last week thinking it was near bottom around $1.50. Guess I was wrong
Posted on 4/5/21 at 6:07 pm to ISEN_AG
Look at the bright side, if it's a P&D, it will have its day again.....and if it isn't a P&D, it will have its day again.
Posted on 4/5/21 at 6:42 pm to slackster
quote:
making your way into an index fund is mostly a symptom rather than a cause of anything in particular.
A symptom of what? Being considered a worthwhile investment by experts with a lot at stake?
Posted on 4/5/21 at 8:14 pm to Mad Dogg
quote:
A symptom of what? Being considered a worthwhile investment by experts with a lot at stake?
An index is a passive investment. Any stock that meets the requirements of the underlying index constraints gets in - for better or worse.
They typically add exposure based on market cap. It has little to nothing to do with the prospects of a particular company.
It shouldn’t be surprising that many don’t seem to understand this. If an active manager is buying your company, that’s one thing, but hanging your hat on index exposure one way or the other is flawed.
This post was edited on 4/5/21 at 8:16 pm
Posted on 4/5/21 at 9:13 pm to slackster
quote:
An index is a passive investment.
Look I have no idea what ZOM got added to so let me lead with that. But he said they got added to two S&P ETFs, and then you started on a rant about Index Funds. An ETF is not an Index Fund.
I agree with your point about Index Funds though.
ETA: typos.
This post was edited on 4/5/21 at 9:14 pm
Posted on 4/5/21 at 9:27 pm to skewbs
quote:
Look I have no idea what ZOM got added to so let me lead with that. But he said they got added to two S&P ETFs, and then you started on a rant about Index Funds. An ETF is not an Index Fund.
I agree with your point about Index Funds though.
What do you think an ETF tracks? Unless it’s a n active ETF, my point still stands.
Posted on 4/5/21 at 10:10 pm to slackster
quote:
What do you think an ETF tracks?
I think you’re confused. So the ARK ETF’s track an index? Come on man. Rethink your logic here or read up on the difference between ETFs (both active and passive) and Index Funds. I did concede your comment about the index funds being passive and it not being good or bad for ZOM was a legit point.
Posted on 4/5/21 at 10:25 pm to LSUlefty
If I learned anything from the past few months on this board, I’m going to stick to my S+P 500 Index Fund and sleep easy. Not saying that’s the best route for everyone, but I don’t know near enough to do better in the long run and I’m sure as shite not paying some huckster schmuck a fee to give it a shot.
Posted on 4/5/21 at 10:29 pm to TheWalrus
Well said. Slow and steady wins the race. A lot on this board frown on long-term holding of stocks and long-term incremental wealth building.
A quick buck is great, but I’m looking for buy and forget about stocks for the next 20 years. Pump and dumps are all the rage now, but long-term growth takes a long time to build with viable long-term holds.
A quick buck is great, but I’m looking for buy and forget about stocks for the next 20 years. Pump and dumps are all the rage now, but long-term growth takes a long time to build with viable long-term holds.
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