Lightspeed took a pounding
- Thread starter Bigdaug
- Start date
I am expecting a 20-25 rolling correction in the market. That is not to say everything will drop all at once. I think it will be a rolling correction where some stocks will drop 10-15% others will drop 20-25% and there will be others that have a deeper 25-30% drop. It will take time for the markets to stabilize and recover only for it to happen all over again. We are in for 2-3 years of market volatility. ( at least )
If you are brave you may want to buy LSPD.TO at the discounted price.
If you are brave you may want to buy LSPD.TO at the discounted price.
Might be a present value buy, but I will let a quarter go by to see if any stock price appreciation in the next 3 month is the result of what some call a " dead cat bounce'.
Check out the one year chart. LSPD-T has bounced off $70 per share 2 times, if the price goes down to $70 and holds then add. If the stock goes <$70 sell it off.
I'm in at ~$32, trimmed enough so I'm playing with house $$$.
I believe in Dax and his company, is LSPD the next Shopify? That would be nice.
I'm in at ~$32, trimmed enough so I'm playing with house $$$.
I believe in Dax and his company, is LSPD the next Shopify? That would be nice.
I bought lightspeed at 140 lol. It was on such a run. I missed out on tesla totally regretting it. I didn't want the same thing to happen with lightspeed. I still believe in lightspeed I think they have a great product and one of the only companies in that sector that intrest me. I'm in for the long run.
I have a terrible feeling that huge recession is coming between joe biden and Justin Trudeau (covid19, lockdown, huge debt levels) running north America. Two of the dumbest people on the planet.
I have a terrible feeling that huge recession is coming between joe biden and Justin Trudeau (covid19, lockdown, huge debt levels) running north America. Two of the dumbest people on the planet.
You sir are late to the party.
As far as Biden and justine go, welcome to democracy. If you have an issue then move to Haiti. Let us know how tasty mud pies are.
I digress.
Right now I wouldn't be buying anything for the long term. Exceptions are Hut 8 and EVGO: these are highly volatile trades.
EVgo, Inc. (EVGO) Stock Price, News, Quote & History - Yahoo Finance
Find the latest EVgo, Inc. (EVGO) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
Yes absolutely nothing makes any sense right now. Although people have been saying this for a number of years.You sir are late to the party.
As far as Biden and justine go, welcome to democracy. If you have an issue then move to Haiti. Let us know how tasty mud pies are.
I digress.
Right now I wouldn't be buying anything for the long term. Exceptions are Hut 8 and EVGO: these are highly volatile trades.
EVgo, Inc. (EVGO) Stock Price, News, Quote & History - Yahoo Finance
Find the latest EVgo, Inc. (EVGO) stock quote, history, news and other vital information to help you with your stock trading and investing.
Government pouring money into the economy and ultra low interest rates seem to be a temporary solution to very serious problems.
I don't know what this is but democracy it is not. Haiti doesn't sound so good but the neighbor. Dominican republic is very appealing.
Electric charging stations........ never know what will happen i can remember not so long ago when windmills, solar panel and pot where the new get rich. Don't think they worked out.
I'll hang on to lightspeed and enbridge for awhile.
Last edited:
Recession feelings? Let us know how that works out.
I've exited my position of LSPD-T. Dax has been very good to me and my family.
Again, let's watch how the stock price reacts when it gets down to ~C$70 per share. If it bounces of 70, a key technical resistance, I'd stick my big toe back into the water.
Still sinking, so lets see how cod the water gets before pondering a mid winter dip into this stock.
