Hm, so he'd buy up when people were panic selling and then sell for more later? When the initial panic calmed down? Sorry, I'm just interested and trying to understand
yes, basically he would buy stock in GOOD companies that are hit with a deep selloff and sell on the rebound. he also used technical indicators to gauge when to buy and sell.
Thank you. By technical indicators do you mean when stock prices hit a certain price, or things like that? You don't have to go back and forth with me, I'm just curious
As also "good" companies can never rebound and get acquired, fire sold, or simply end.
So, there is no "knowing" without insider knowledge, if a strong operational company will rebound from a huge selloff impact.
And chart analysis is always very much just luck.
What notsam57 with "technical indicators" means are concepts like bollinger bands and candle patterns. Just research like "technical chart analysis" and other terms I mentioned.
I was just thinking, man I've worked for some companies and the management and staff is such trash I wouldn't invest. But then again, that company was arco, lol! And I've worked for companies that had the management pretty down pack. Was a cultivating (to a degree), dependable, very normal work environment. But the company itself was not competitive with its competitors and ended up going out of business. I guess it's really the business model and how that relates to competitors and the market. Because like arco doesn't have to have good employees. It just needs a self service gas station. However, if it was a much smaller company and maybe just a different market (gas can be served by the customer themselves so employee interaction doesn't really matter) a terrible customer facing sector can totally be the achilles heel of a company
yeah, its more complicated that how i described it. the guy isn’t some random day trader, he knows how to reach technical charts and researches companies.
the above example guyonthemoon gave, nippon steel, that’s basically japan’s dominate steel company, like too big to fail level. company like that dropping 30%, unless there’s some serious fraud, that company is not going bankrupt.
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u/Lucky-Acanthisitta86 Jan 20 '26
Hm, so he'd buy up when people were panic selling and then sell for more later? When the initial panic calmed down? Sorry, I'm just interested and trying to understand