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Friends down a ton on $CEI was asking me yesterday what to do. I said wait for the next bounce and cut your losses. Here's the bounce at $1.88. Time to do that. Those who bough down over 80% for the bounce will be selling soon.

4:37 PM · Oct 7, 2021Twitter Web App

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Should have told them to by more on that drop.

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I lost some of my $CEI gains from the short report but then gained some of it back day trading on the bounce. It’s the best thing to do with this stock IMO.

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Covered calls can stop some bleeding and maybe even turn it into a winning trade for folks who didn't manage risk on this CEI

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So you don't think it will go higher?

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Think you called the top here

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Hey dude how did you know? I am trying to learn here.

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When the next bounce you think?

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People need to understand the difference between trading and investing, CEI went from.40 to $5 that’s 1200% total. Not saying I had a 1200% return but there were multiple winning trades there to make money. Bag holding is account killers and lost opportunity cost.

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