To The Moon

Keep up the good work… keep observing, keep writing…

Pretty strong and logical article from a newbie! Good on you! [Strong]

$Elixir Energy Ltd(EXR.AU)$ Just revisited this oil and gas company. The share price corrected 18% yesterday after the company made an announcement of its testing result. If I had not known better, I would have thought the test results must be bad to trigger this drop. I had digged out the announcement and noted that unexpected gas surge during the test resulted in instability in the test. As a result, the company planned to use different tubing string to contain this unexpected surge in gas flow. To do that, they need to shut in the well to prepare for the new test, resulting in a week's delay. Market hates uncertainty, resulting in the big correction yesterday, continuing into today. The correction appears strange, at least for me. Unexpected

They made all these money simply by being cheerleaders for big listers like $SpaceX(SPCX)$. The retailers hold the risk while they laugh all the way no matter what happens

I don’t think there’s much shares out there for any proper shorts to take place. The free float is less than 6%! Unless of course Elon Musk is lending to the shorts or he’s shorting himself?! [Facepalm][Tongue] Seriously, I just don’t understand if a stock price is down, people just assume it’s due to shorts? There’s barely enough to borrow, why bother to short it? The only shorts out there is simply the puts options, which is normal trading activity. Where there’s calls, there’s puts… for efficient market flows. That’s the aim of Nasdaq to include $SpaceX(SPCX)$ in its index! It is a coordinated money generating exercise for the banks and Nasdaq for this limited float manipulative stock. I have nothing against the company or Elon Musk. It’s a gre

This is again a stock not suitable for everyone. It is not a typical safe bet healthcare blue chip as mentioned to serve as protection against recession triggered meltdown. However it adds a little flavour to the taste… a kind of “have your cake and eat it” type - a growth within the healthcare sector… another possibility for a 10-bagger or even 100-bagger! A slice of cake, anyone? [Tongue][Yummy]

$ECHOIQ LTD(EIQ.AU)$ As per the text... At least this is my little hope... Not going to add to what I have already mentioned in the past two weeks on this company. The common theme in today's sharing is simply one message: insurance. This company might not look like it. It is not a gold or precious metals biz, it is also not a bond like investment. Property or farmland then? Nah... Not even a crypto related biz. However in times of correction, it is companies like this that would likely continue to hold up well. Maybe prosper... There might be initial correction when traders throw anything profitable to cover their losses. But, strong companies would hold on their own. Yes, this is not even a blue chip. I won't misled, but with the progression

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Not for the faint hearted. For me, it's one of the necessary steps to take in the times of uncertainty.  Many say this correction is just what it is, a correction. Perhaps so... But I can't be sure. That's the reason for this little insurance. I am slowly increasing this insurance, just gradually because if I do it too rapidly, when the bull resumes itself, the loss would also amplified. It's all about finding the right balance. So, I will always wait for this ETF to correct to a certain level before I add again. The current bull market has been around for a long stretch. The US indices have broken ATH time and again. The magnificent 7 led rally has given way to AI rally, extending in

There's only 6% in public trading anyway... it's a manipulative stock to begin with... whoever who listed or agreed for this structure for listing was already in the cahoots for squeeze-like manipulation play. Retail traders who joined the "party" are the ones who would take all the risk for this little game. Nasdaq knows it, so do all the big banks that encourage these trades, just because it's good and easy profits for them. Obviously Elon is happy... he is after all the mastermind in all these little games. I must admit that he's good. He knows how to play his cards... he learnt the tricks during his Tesla's journey. I won't short this. I don't think the learned will. Not because it is a good or strong company, just because there's not enough shares out there for anyone to effectively p

From my experience, productivity will indeed increase but whether in future it would skyrocket is still unknown. Certain repetitive administrative tasks would be taken care of in the background. It also appears that AI has some level of creativity, which would be useful to improve certain non-routine discretionary tasks (but with human oversight). Beyond that, AI is still limited to human inputs. I won’t trust AI (yet) to perform tasks that are subjective. In conclusion, yes, AI will improve productivity, however it still depends on how much a company needs to pay and if that cost will really be translated to savings. What I expect to see? A lot of companies cutting jobs related administrative and HR, slowly moving into IT. This is already happening. With future robotics and further auto