@GlobeTraveler21@ChartDiligence Love how CD never shames peoples’ opinions, but takes it as an opportunity to dig deep and share the insight he’s seeing. I’m always grateful at least 🙏🏻
Before I deleted my acct, I had a decent following & I suspect it was largely due to a post that contained these trading tips. I had posted them in order to help those who needed guidance for trading in the #OTC. These are just some basics that helped me succeed with trading.
I'm losing my ass in the markets, but the waves, sand, and breeze don't give a shit about all that mess. I'm at the beach and life is good.
Go out and enjoy what's out there kids. Money is not life and life is not money. Stop kidding yourselves. FA
🧠 Warren Buffett:
“Hayatta istediğim her şeye sahibim.”
“Bir yerine on evim olabilirdi. Daha mutlu olur muydum? Asla.
İki yerine on arabam olabilirdi. Daha mutlu olmazdım. Bu beni çıldırtırdı.”
↓
“400 metrelik bir yatım olabilirdi.
Ama o zaman onlarca kişilik mürettebatı yönetmek zorunda kalırdım.
Bazıları benden çalardı.
Bazıları birbiriyle kavga ederdi.
Kim bilir daha neler olurdu?
Gemi kaptanı olmak isteseydim başka bir mesleğe girerdim.”
↓
İnsanlar zenginliğin daha fazla şeye sahip olmak olduğunu düşünüyor.
Oysa gerçek zenginlik;
İstemediğin şeyleri satın almak zorunda olmamak,
İstemediğin insanlarla çalışmak zorunda olmamak,
Ve zamanını istediğin gibi kullanabilmektir.
Finansal özgürlüğün özü budur.
(Charlie Rose, 2009)
$PWDY has a shareholder update coming out soon. Don't get your hopes up based on any of my posts, I have no idea on the short term timing of these plays. Could be great news, could be a nothing burger. That said, big picture, there's a reason why I've spent 2+ years now scaling into this one. This is the most committed I've ever been to an OTC and I'll only scale in to this degree on and this long of a time scale if it's a special situation.
I believe this is objectively a special situation.
The chart here is the first 10 years of this company's trading history. It's had 4 major lows and every time the low was higher than the last. There have been 2 major topping levels and the second was higher than the first. If you know of another OTC that can make this claim, PLEASE tell me about it. Until then this is a 1 of 1 situation in my 20 years of trading. 10 years of trading history and nothing but steady higher lows and higher highs. OTCs by design can almost never accomplish this. My thesis is that such objectively strong price action on this scale has to be a reflection of very promising elements behind the chart/price strength. It's not strong in the sense of being up thousands of percent already (and therefore having priced in way too much upside already), but strong in the sense of undeniably being in an uptrend while also being cheap and coiled up.
Again, don't take this post as a hype post implying "get in right now, we're going straight up!". I am bullish on the big picture but this could drop 50% from here and nothing would change with my thesis. Take it for what it's worth, I am a big believer in story, fundamentals and sentiment, but the chart is how I know where to look extra hard and put much higher weight on the DD side of things.
If this isn't a unicorn of a situation, I really want to see other examples of it. A US listed OTC with at least 10 years of price action and nothing but higher highs and higher lows... but also somehow still cheap? It's sad that Jim isn't going to be around to see what his years of work is going to yield but I truly think he built something big here. In my head there's zero chance this chart happens on accident or by random chance. If this was an easy thing to do, you'd see a lot more examples of it in the OTC.
Remember, don't chase, buy dips and don't let my big picture hype get your short term expectations too high.
If you're a short term flipper, the #otcset guy is probably the worst account to follow on X. How long have we been waiting on $EATR? $PWDY? $AIMH? $PTKN? $MVCO? and many more? I've had one good call that played out in a timely manner, $AMFN. That one was the exception, not the norm. I can't stress this enough, #otcset plays are not meant to be good short term flips and my posts have nothing to do with short term outlooks/trades. If you're someone who trades the OTCs for short term flips only, you're free to follow me but you're barking up the wrong tree. I'm the guy who happily waits months and even years for the life changing runners and that's not for everyone.
I never liked pasta sauce when I was little, so I grew up eating ketchup on my spaghetti instead. I don't like it as much now.
$POSITIONS available for rent on Amazon and Apple.