MaverickMa
✓
$1.32K
Mar 4
GG for now
Hahaha, well, that’s it for my trading for now.
With my average entry price at $9.01, I’ll be waiting a long time for a recovery. Selling at a 30% loss is not an option for me.
I’m mad at myself, and I’m mad at this stock. 😅
If you check @batboat’s posts, you’ll see that no technical analysis works for this stock—no matter what the indicators say, it just keeps dropping.
The rally to $12 was just manipulation before the earnings report.
Well, now we wait. 😂
I’ll sell when it breaks even and never touch it again.
Wishing everyone a great day
RXRX
$1,219.15
185 s
Today
-4.55%
-$55.50
All time
-27.00%
-$451.03
RXRX
$10.14
200 calls
Today
+1.40%
$0.14
All time
-90.78%
-$99.86
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12
7728 views
Comments (10)
Mar 4
🥲
Mar 4
Understood but don’t lose conviction as the entire market is dipping if you haven’t noticed. Give it time and weather and storm
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Mar 4
It dropped because the market is down. Many of us lost money on all sorts of stocks. RXRX is no different. But I hear ya. There’s stocks that I lose money on every time I touch them, so I keep away. But others make $ on them.
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Mar 4
I bought 500 shares at $10.89 and now lost 40% in the last 10 days what a miserable feeling
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Mar 4
In the last month lost $15k on a few trades with ACHR and NVDA and TSLA
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Mar 4
The market seems to be in a free fall at this time because we're most likely retracing to the monthly trends before bouncing back. If you're using short term TA without accounting for long term its gonna be bad. Hopefully we don't go below the monthly though because that would be really bad. RXRX has a monthly bottom of 5.60, so just be ready for it to go that low. But could go further if we fall into the yearly correction.
Mar 4
this is a buy and hold for a long long time type of stock. Until they can figure out how to become profitable, it's gonna be a rollercoaster
Mar 4
Value buy at this price. RXRX is a wheel play and down the road payout stock. When the market returns to green, so will this.
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3
Mar 4
Everything is red, we all just need to hold on for a little and it will straighten back out. There will be a lot of pressure on trump to do something to stabilize the freefall, everyone is feeling it right now
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3
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Mar 4
@neilnyla it varies between each stock there is no one answer. One may rebound today another tomorrow. I'm still holding my long positions while making short term plays. I'm mostly a dividend investor for my longs though so I really don't care about a bear market because I get paid the same until they rebound regardless.