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TopicStock Topic 25
Lopen
03/16/21 5:24:43 PM
#151
I was so close to putting $1500 into Luckin until I doubled down on DNN

Oh well. I'll mull it over a bit.

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Topicso who is the biggest simp in gaming
Lopen
03/16/21 3:49:02 PM
#42
Freakin Otacon 100%

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TopicYour First Thought 203: "Chore."
Lopen
03/16/21 3:01:51 PM
#75
Xtlm posted...
"This topic has been around for a while, this series must be a chore"
I feel like I should get a second first thought after 2 weeks lol

Oh man maybe that's the joke and how we end the topic series. Would be amazing.

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TopicStock Topic 25
Lopen
03/16/21 2:31:19 PM
#146
StartTheMachine posted...
FYI this is incorrect. Warrants are weird, often lag behind commons and can be swung dramatically by short term volatility, but even OTM warrants always track commons to some extent. ITM warrants would have a Delta of 1 and would directly follow commons much more closely, but warrants are intrinsically tied to commons no matter what, even OTM warrants that are technically worthless.

While this is true the other thing to consider is that the volume on CREXW is very small and the main thing driving the price you see is the Bid rather than the Ask (the latter of which hasn't moved much at all in the past few weeks)

EIther way a $0.20 swing back and forth isn't really going to change the value of CREXW much. A sustained push into higher prices over time. Or a surge into the 3s. But not $0.20.

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TopicThe Snyder Cut is getting positive reviews
Lopen
03/16/21 2:13:20 PM
#60
Only he's less comparing it to say Schindler's List and more comparing it to say The Mask, if you want a movie that has about as much in common with Deadpool as BoP yet has completely different appeal

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TopicDo you like this character? Day 1290: C-3PO (Star Wars)
Lopen
03/16/21 1:54:42 PM
#42
Some ideas off the top of my head.

Billy Batson (Shazam!)
Lois Lane (Superman)
Soma Cruz (Castlevania) (underrepped series in general really)
Vision (Marvel Comics/The Avengers/However You Wanna List Him)
Wanda Maximoff/Scarlet Witch/However You Wanna List Her (Marvel Comics/The Avengers/However You Wanna List Her)

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TopicStock Topic 25
Lopen
03/16/21 12:05:02 PM
#142
Also hidden fourth benefit (related to the first point) is we're going to get a really good idea of potential revenue floor coming in when the mine is operational because they're going to have sales on record which wouldn't go down when they're making their own supply and in theory they could go up because their Uranium is higher grade so it may warrant a markup or they can afford to take on more clients with their own, but you're going to get a good idea of what the revenue stream looks like which again, investors will like.

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TopicStock Topic 25
Lopen
03/16/21 11:47:43 AM
#138
CoolCly posted...
Why would a producer of Uranium buy Uranium????

Just to resell later on? This seems really weird...

This was my initial reaction but I later realized there were a lot of benefits to it when I thought about it.

  1. You have a supply before your own mine is up. This lets you establish a client relationship with potential buyers before you have your own supply to sell. Then once you get your own supply you already have a working relationship with a bunch of interested parties who would want your uranium. Basically ensures once they have their own mines up and running they can immediately flip the uranium rather than having this transition period where they're mining uranium and not selling any.
  2. If you expect the value of uranium to go up, this is basically an investment. If you buy now and resell at 10% profit (or more!), that's revenue coming in. This makes their balance sheet look more appealing to investors too.
  3. If you expect there to be a shortage of uranium soon due to increased demand, you corner the market and make people more inclined to buy from you with less options.
Now I'm not exactly sure why they're doing this these were all my own thoughts. The instinct is "why not put the offering money into accelerating your own mine's development" but oftentimes there is just a bottleneck with these things that funneling money in won't solve.

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TopicStock Topic 25
Lopen
03/16/21 9:46:11 AM
#133
So I guess DNN did another offering at $1.10 and got quite a sum for it, to the tune of 80 million

What makes this interesting is they're using nearly the entirety of the proceeds to buy wholesale Uranium. 2.5 million pounds of it.

Normally offerings are bearish short term but the amount of capital they got and what they used it for is really interesting. Like they really believe demand and price of Uranium are gonna go up and want to be able to resell it and get a customerbase before their mine is fully operational. It actually sounds really smart.

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TopicStock Topic 25
Lopen
03/15/21 3:21:20 PM
#107
Yeah you can throw small amounts at total longshots once in a while. I do it plenty. I do it in like blocks of 100 bucks and I'm up around 4k from doing it despite being wrong more often than not just because when you're right you make your money back many times over.

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TopicDo you like this character? Day 1290: C-3PO (Star Wars)
Lopen
03/15/21 12:52:28 PM
#11
Yes

Annoying but by design and in a lovable enough way

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TopicStock Topic 25
Lopen
03/15/21 11:47:00 AM
#91
Side note you'll probably have an exit point for CREX soon should you choose to take it. There's a virtual presentation conference on 3/17. Hype for that will probably push it over $2.27. Not the major spike we're waiting for but if you have doubts, that'll probably be an exit valve.

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TopicStock Topic 25
Lopen
03/15/21 11:42:08 AM
#90
Glad you avoided the Chinese electric cars.

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TopicStock Topic 25
Lopen
03/15/21 10:35:12 AM
#74
GameStonk posted...
Do you legitimately think this is something that can happen this month?

For a VERY small window (think like the Nokia squeeze) I think it's possible next week if this week ends at $2.50 or higher.

If it doesn't get to $2.50 this week gamma squeeze is off the table and no I don't think it's possible but still really love the stock as a 2023-2024 hold.

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TopicStock Topic 25
Lopen
03/15/21 9:56:51 AM
#64
I have 2500 shares and 100 calls (60 July 2.5, 40 April 2.5)

Strategy is

1. Hope it flies this week to $2.5+
2. Sell covered calls for Mar 19 on literally all of it for $4 if the contract price on that ever goes to $0.05+
3. Wait for squeeze next week (it will if it crosses $2.5)
4. Sell all calls at that pop. Sell covered calls on all shares for a pretty ambitious price in hopes that I keep my shares (if it pops to $6, sell them for $8)

If it doesn't go to $2.5 I have no clear exit point but feel safe holding long. Through 2024

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TopicStock Topic 25
Lopen
03/14/21 1:16:30 PM
#40
Sunroof posted...
Id rather pay It over the course of a year than one fell swoop. Its not like Im paying extra.

If you put off payment you could invest the payment in SPY then cash it out when it's time to pay taxes

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TopicStock Topic 25
Lopen
03/14/21 10:06:04 AM
#33
I still think 16.7k per Li, Xpeng, and Nio would be best. Even if I do think Li is best bet too many variables to be absolutely sure

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TopicStock Topic 25
Lopen
03/14/21 2:04:15 AM
#31
Sunroof posted...
Im greedily talking about companies that are likely to grow 75%+ in a year or so

Li Auto is the only Chinese EV company with a realistic chance to grow 75% by 2022 imo

The other two could but you'd be looking 2023 minimum. Just too far from profit right now

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TopicStock Topic 25
Lopen
03/13/21 11:25:55 PM
#26
Put in in 4-5

Just treat Nio/Xpeng/Li as one stock and split between them equally

So 8k in each rather than 25k in one

Not too hard

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TopicStock Topic 25
Lopen
03/13/21 11:12:19 PM
#23
Li > Xpeng > Nio right now imo

But they're all super long term plays you don't have the patience for

If you can't actually make a preference between them though you maybe shouldn't invest in them

But if you really want to, just get all 3 equally at 1/3 value

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TopicStock Topic 25
Lopen
03/13/21 10:55:46 PM
#20
I wanna know why you invest in NIO at this point instead of LI or XPENG.

Li is closest to generating actual profit and goes for hybrid cars instead of pure electric which seems like it may have an appeal for China right now

Xpeng has the self driving car AI thing going for it and advanced battery speculation

Moreover they both have like 1/3 the market cap and better growth rates in the past year than Nio. Nio's market cap vs revenue ratio needs Tesla level growth (also overpriced) potential to pay off but Tesla actually makes money now and has global presence not just national.

So yeah it's like why invest in Nio. Overall revenue is higher than the other two but it had a several year headstart.

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TopicStock Topic 25
Lopen
03/13/21 10:16:33 PM
#18
Well you can't spell Denison Mines without... Denison Mines...

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TopicStock Topic 25
Lopen
03/13/21 10:12:47 PM
#16
Forecasts who cares they're always super bullish. You gotta dig into the why

I remember when Athersys was forecast for $5 now it's not even half that and much lower than when that forecast was made

Or I remember when they reiterated the $50 PT for Tricida and it was at $16. It's now at $4 lmao

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TopicStock Topic 25
Lopen
03/13/21 9:30:09 PM
#14
Honestly think POSH and CPNG have some potential

NIO is actually the worst Chinese vehicle play imo

PTON feeling pretty bearish can't see that gaining trajectory as we open more I'd sooner invest in PLNT

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TopicDo you like this character? Day 1289: Remus Lupin (Harry Potter)
Lopen
03/13/21 8:54:25 PM
#18
No. Don't dislike but he's whatever

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TopicStock Topic 25
Lopen
03/13/21 8:42:41 PM
#12
Was considering POSH now unsure

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TopicStock Topic 24
Lopen
03/13/21 7:15:05 PM
#498
Never sell Disney

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TopicStock Topic 24
Lopen
03/13/21 11:10:03 AM
#476
Now that being said if it goes WELL past $2.50 by EOW I will be aggressively selling some 3/19 Covered Calls on everything I own to remove risk. If I miss the squeeze oh well but it gets harder to know what the effects of a bunch of ITM $2.50 calls will have the further it goes from $2.50. Like obviously at $2.70 price point or so the price surges but say it marches all the way up to $4 or $5 next week? No idea how many of those $2.5 calls get sold before exercising, etc.

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TopicStock Topic 24
Lopen
03/13/21 10:41:01 AM
#475
GameStonk posted...
@Lopen what's your play here? Sell if it approaches $2.50 or hold forever?

So if it breaches $2.50 before March 19th it's going to gamma squeeze sometime the week after due to ~30 million shares being claimed by ITM $2.50 calls. So no definitely not selling if it approaches $2.50.

I plan to sell the majority of my 100 calls on that spike (may actually hold some of the July ones to potentially convert to shares). Possibly buy back in with 2023 calls or shares depending on how far it falls after that spike. For the shares I own (and any calls I intend to keep) I'll sell covered calls on that spike and hold them if they don't get cashed out.

I do think it's a potential $10+ stock in a few years and fairly easily at that (their mine is operational in 2023, so waiting for that is the long play-- being on the index won't hurt it as a long play either) but it all depends in how much you believe in Uranium being relevant to energy in the coming years. All my DD says their mine is the best in terms of Uranium purity and ease in mining so they're destined to be the leader in the that field in terms of profit but you're ultimately playing Uranium as energy (which admittedly I have no real DD on it's all speculation on my end-- but we do seem a bit disenfranchised with oil and I think Uranium can play a part alongside the renewables that are being developed). If Uranium demand doesn't go up sometime this decade it's not going to be very profitable even if they are the best at it.

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TopicStock Topic 24
Lopen
03/12/21 9:42:14 PM
#462
Sunroof posted...
How much is it expected to go to?

There are like 300k open 2.5 calls that expire March 19th

No guarantees but that was the theory behind the play to begin with. The question was what catalyst would get there

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TopicStock Topic 24
Lopen
03/12/21 9:15:58 PM
#459
Sunroof posted...
it sounds like it was a stroke of luck?

Follow the money and it'll all solve itself.

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TopicStock Topic 24
Lopen
03/12/21 8:40:55 PM
#455
It's an index fund that contains the top Canadian companies

Sorta like how Tesla popped when it got added to the S&P 500 but at a much smaller scale in both terms of scale of the index and scale of the company

But it matters more for a smaller cap company like DNN

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TopicStock Topic 24
Lopen
03/12/21 8:37:53 PM
#452
Your 73 dollars will become 400 dollars by EOW

Believe.

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TopicStock Topic 24
Lopen
03/12/21 8:23:24 PM
#450
DNN added to TSX index

This is it. This is the news the big money was predicting.

All in on DNN. We're flying this next week I can feel it.

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TopicStock Topic 24
Lopen
03/12/21 3:26:24 PM
#441
Despite most of them having mostly recovered Boeing and especially UAL are still pretty far from their pre-covid levels. They're interesting plays unless there's some reason they should be lower.

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TopicStock Topic 24
Lopen
03/12/21 2:19:10 PM
#436
masterplum posted...
Isn't buy and hold historically a better return?

I'm saying for moonroof I think that strategy would work better and be achievable

We've been telling him to buy and hold for almost a year now probably isn't gonna happen with him

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TopicStock Topic 24
Lopen
03/12/21 1:20:35 PM
#431
Like you'd probably make a lot more with your plays if you did this.

Invest 1/5 what you're planning to invest
Wait till the next day
If it goes up sell it
If it goes down invest 1/5 again
Next day
If it goes up above what you first paid for it, sell it, if it goes down invest 1/5 again, if it doesn't move don't put any more in

Repeat

But *shrug

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TopicStock Topic 24
Lopen
03/12/21 1:17:31 PM
#430
Well I didn't think it would! But when I say ease in you should just wait for day to day.

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TopicStock Topic 24
Lopen
03/12/21 1:10:20 PM
#428
8 cents is nothing lol

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TopicStock Topic 24
Lopen
03/12/21 1:08:24 PM
#425
Sunroof posted...
Wow CREX sucks, shouldve brought today instead of yesterday

Literally told you to do this yesterday

Buy some yesterday

Ease in in $5000 increments each time it goes down a decent amount

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TopicStock Topic 24
Lopen
03/12/21 9:45:02 AM
#400
Sunroof posted...
Obviously this means you lack the educational and informational aspect, but you dont need that if you trust your sources.

If you truly trust your sources you don't sell on a 5% dip and have the power to hold longer and see the gains you're after.

That's kinda the difference. If you do your own DD and convince yourself you're going to be able to see a lot more red before selling

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TopicStock Topic 24
Lopen
03/11/21 2:13:25 PM
#377
Probably a massive limit buy for what it ended at the day before since there was actually no reason for it to really go down yesterday. The conference call was all good news. Earnings call Tuesday PM was arguably bad in that they did lose money and revenues were down from the year before (again, expected, because many of its clients got wrecked by COVID) but the conference call yesterday morning was excellent.

But I mean the float and market cap are really low on this one so the price can move a lot on fairly low buys.

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TopicStock Topic 24
Lopen
03/11/21 1:43:43 PM
#375
When they actually release a press release that they have the 7-11 deal (which I think is 7-11 holding them back on that) should see a good pop. I'm thinking we'll hit $5 range then minimum as that's what the Samsung deal last year popped them to.

In the Conference Call they said "within a few weeks" on that. So if you hold a month you should probably be rewarded.

Alternatively the first quarter where they post a good profit which would be probably be 9 months from now given how their contracts are going?

If I were you I'd sell half on the pop and ride the others-- this stock could go really high in the coming years because of that tiny market cap imo. Don't see a ton more offerings for a while either-- they've got revenue to hold stable and their incoming should put the debt gremlin back. The thing about the warrants existing is that they basically create their own offering if the stock holds above their strike price (since to exercise the warrants to convert them to shares the money goes to the company)

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TopicStock Topic 24
Lopen
03/11/21 1:34:35 PM
#373
I was looking at the level 2 when I told him that and before there was a pretty long runway to $2.45 that's why I was worried

Honestly all the shares at $2.25 wasn't a bad price. I don't expect we're going below $2.20 (basically where it got squeezed up to earlier)

Going in with low quantities and averaging down is just good practice though so I'm not gonna tell you to not do it.

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TopicStock Topic 24
Lopen
03/11/21 1:28:43 PM
#367
Sunroof posted...
So now I should buy piecemeal youre saying?

Buy like 5k to start

If it goes down buy 5k more. Keep averaging down

I think anything under $3 is an easy short term gain on it though.

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TopicStock Topic 24
Lopen
03/11/21 1:27:12 PM
#365
Keep in mind I think they have like 8 million of debt currently. That's the only real risk.

But that should be easy to pay off if their revenue ramps. Really though they'll probably just put that revenue into expanding. Like look at their site cri.com it's actually good shit.

A lot of their clients are airports, retail, theaters, so I mean, yeah that hurt them last year. But I expect a strongly positive EPS by Q3 2021

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TopicStock Topic 24
Lopen
03/11/21 1:22:52 PM
#361
Some shares mostly CREXW though (CREXW have strike of $4.35 and expiry of Nov 2023 so they seem very easy to print)

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TopicStock Topic 24
Lopen
03/11/21 1:21:16 PM
#358
That being said moonroof go in slowly grabbing bits of shares at a time. If you drop 25k on a market buy with this market cap you're going to pump & dump yourself

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TopicStock Topic 24
Lopen
03/11/21 1:19:54 PM
#356
CREX has a deal with 7-11 (only soft confirmed in an earnings call) so we're ahead of the official press release which is the thing that will really pop it and is basically a COVID recovery stock that hasn't recovered yet because it's one tier out.

They also have some other products. They have a thermal scanner that Samsung is trying to integrate into products. They also refinanced a lot of their debt and did an offering recently so a lot of their potential downside is behind them.

They're projected for $24m annual revenue from that contract alone which is super high revenue for a 30m market cap stock. This one could reach $10 and I wouldn't be surprised. It's probably around bottom too so I think the risk of moonroof getting shaken out is low.

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TopicStock Topic 24
Lopen
03/11/21 1:00:44 PM
#347
This may be the last day you can get CREX on the cheap. See you guys when I've made 100k.

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