Market moody

I was thinking of a few expressions
“Sell in May”
“Buy the Dip”, or its more vulgar cousin “Buy the F—in’ Dip”
“What’s happening?”

Definitely a roiling market.

So, in the midst of the market developments, Hohum’s plan is to “just do something”

  • Tech materials company Ferroglobe PLC (GSM) announced good results today (5/11) and gets a bounce - sell a portion.
  • Badly managed shipping entity Navios Maritime Holdings (NM) announces a positive move (debt repayment), and sells off, buy a small amount (5/10)
  • Dry bulk shipping entity Golden Ocean (GOGL) bounces after announcing that results are next week - sell some (That isn’t “sell on the news”, that’s “sell on the announcement that there’s news in the future” :slight_smile: )
  • Tumbling Fintech former darling Upstart (UPST) - An inner voice yelled “Don’t touch that one.” Seems like that one is toxic

- Tumbling Fintech former darling Upstart (UPST) - An inner voice yelled “Don’t touch that one.” Seems like that one is toxic

It’s down only 92.8% from all time high. Don’t you like a bit of volatility? :innocent:

Seems like that one is toxic

A couple of weeks ago I listed stocks down 80% or more. Now my list has 14 down 90% or more


**Symbol   High    Last   Down%**
NNDM    88.90    2.27    97.4
OCLN     0.66    0.02    97.0
XL      32.59    1.12    96.6
EVGN    19.99    0.86    95.7
NVTA    57.40    3.59    93.7
SFIX   106.41    7.29    93.1
**UPST   390.00   28.00    92.8**
PTON   167.42   12.34    92.6
FSLY   128.76   10.04    92.2
QS     131.21   10.37    92.1
PSNL    51.02    4.04    92.1
DMTK    79.76    6.50    91.9
PACB    51.15    4.67    90.9
TDOC   294.75   28.68    90.3
TSP     71.24    7.02    90.1

The Captain

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