Hubert Senters here.
Let’s take a look at ABCL back by Bill Gates and also Peter Thiel. Just because they’re backing it does not mean it’s a good investment.
They think it’s a good investment but it may not be one for you. It went IPO today which is Friday. You’re probably seeing this video on Sunday because it’s going to be send to you on Sunday.
Here’s the range. It was a range of about $71 to $49 that’s a massive move. How I like to trade IPOs is let them trade the first day and don’t touch them.
And then just put a bracket around them. And then if they want to go higher or lower I can trade those numbers.
Second way I like to do it is I take the high or the open whichever one you want to do. Let’s say $71 I’d cut that in half and say hey, I want to buy the thing in $35 at a 50 percent discount and they’re gone if you didn’t almost get it today.
Now, if you look at an intra-day trade at this thing. Let’s go a 5-minute chart. 5-minute it will open here. You had the initial trust and then down.
And that did a nice little V bottom here at $49 and then bounced up out of it so when you’re trading IPOs just be careful.
They can sometimes go sideways or violently in the other direction even though you think they shouldn’t so protect yourself at all times.
There’s no guarantees folks in the world and there’s definitely no guarantees in the trading world. Protect yourself at all times.
But this is an interesting one. It will be one I’m going to add to my watchlist to pay attention to. So if it goes higher I may want to buy it.
And if it continues to crater if you can find the shares to short somewhere it just all depends on how it trades over the next two or three days or two or three weeks.
You still have plenty of time to make a decision. Don’t worry about freaking out.
I’ll be hosting a special webinar Wednesday, December 16th at 7PM EST with special presenter Steven Brooks.
If you’ve struggled with trading options because it’s too complex, confusing and you just can’t get a grasp on don’t beat yourself up.
Options trading, trading is hard. Stock trading and futures trading is all hard. Everything that we talk about on here is really hard.
And I know that’s guaranteed. And your money is at risk when you’re trading so be careful. But he’s going to show you How to Generate Weekly Income With Options.
He’s a very simple easy to follow trading plan. I’ve been tracking it and watching, playing around with it so as Karen.
And we are impressed with outcomes of a lot of this stuff. It’s super simple. It’s effective and it’s easy to do so if that sounds something you’re interested.
Come checkout the webinar. I will HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video.
Hubert.
