Lurkers missed a field day Tuesday in the Rick’s Picks chat room. Crowdsourcing among Hidden Pivot experts found profitable ways to make money on both sides of the market in such diverse vehicles as crude oil, Beazer Homes and Canopy Growth, an NYSE biggie in the reefer madness category. Crude fell particularly hard, and although some subscribers profited by going with the trend, others used the lows of precisely targeted corrections to ski up an avalanche. Beazer, a homebuilder in a depressed sector, announced strong earnings and a share buyback, causing the stock to leap from $8.41 to $11.26 in the early going. The intraday high matched the 11.26 forecast I put out in the chat room to-the-penny, allowing one subscriber who also happens to be a bearish homebuilder to short 3000 shares at what proved to be the high of the day. The initial pullback to $10.61 worked out to a 4.2 bazillion percent gain when annualized. Want to get in on the fun? Click here and you’ll have instant access to the chat room and a free two-week trial subscription to all features and services.
A Field Day in the Rick’s Picks Chat Room
- November 14, 2018, 11:39 am
My!
Da Playas finally saw a whale in trouble in Natural Gas!
The $50 and $100 swings are now $500 and $1000 today!
DGAZ should be interesting once they run every short on the planet!
Running the stops can be a lot of fun!
I do it on ebays auto bid auctions for sport sometimes!
If the item is something I sort of like, I will keep bidding to see that the other guys don’t get it too cheap!
Of course, if you look at the books at the NYMEX you can do it with precision and a vengeance!