Board 8 > Stock Topic 20

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Lopen
02/08/21 1:50:00 PM
#352:


Colegreen_c12 posted...
Just as a warning. It's very easy to make money in a bull market

Harder than it looks really. I lost money in a bull market for the first 4 months I was doing this

The discipline needed to not sell your thing that's going up when it first starts going up, or selling your thing at a small loss when everything else appears to be going up, can't be understated

Yeah it's easy to do it with buy and hold but actively paying attention not nearly as much

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red sox 777
02/08/21 1:50:02 PM
#353:


At this point I'm not sure the commissions are such a bad thing. At least then you can be more confident your trades are being executed at fair prices. If you aren't a day trader, there aren't that many trades anyway. I think I've had something like 2 true day trades (where the same stock is bought and sold in the same day) in a year.

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StartTheMachine
02/08/21 1:52:22 PM
#354:


Lopen posted...
Well one guy is charging at stocks that MAY get to a dollar

I'm flipping 3 week calls on British Oil

I suppose you can call this stuff risky but keep in mind I'm only using like 20% of my portfolio on this wacky stuff.

For the record, I didn't make a large position size in ENZC until after I did my research and found out about their Bioclonetics merger. If I were trading hype alone, this would be a one and done, very small position trade for me. But there's a "there" there behind the massive movement too.

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Sunroof
02/08/21 1:52:55 PM
#355:


Lopen posted...
Harder than it looks really. I lost money in a bull market for the first 4 months I was doing this

The discipline needed to not sell your thing that's going up when it first starts going up, or selling your thing at a small loss when everything else appears to be going up, can't be understated

Yeah it's easy to do it with buy and hold but actively paying attention not nearly as much


I know I get a lot of flak for selling early, but I was waaaaay worse in the beginning of these topics. I, and I reckon everyone else, have come a long way.

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DoomTheGyarados
02/08/21 1:55:46 PM
#356:


Bought 150 shares of ocgn at 12.78. Feels like it is dipping for no good reason

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Lopen
02/08/21 1:57:44 PM
#357:


DoomTheGyarados posted...
Bought 150 shares of ocgn at 12.78. Feels like it is dipping for no good reason

You do realize it was worth $0.1278 less than a year ago right

I mean maybe it is dipping for no good reason but please do your DD with this stock. This is a biotech stock and could easily drop right back from whence it came.

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CoolCly
02/08/21 1:57:56 PM
#358:


Is there an obvious place warrant exercise price can normally be found with a ticker? It feels like a full research expedition just to find it sometimes.

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Sunroof
02/08/21 1:58:18 PM
#359:


I dont see that OCGN went under $13.20 since two hours ago? I only have like $1,900 left to play with. Maybe Ill put it in that.
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DoomTheGyarados
02/08/21 1:59:06 PM
#360:


Also if anyone feels like lazy gambling I might do a booster box opening this week where you can buy packs from the box and get to keep the value inside. Some packs will be worth a dollar but some vivid voltage has a lot of hits. For those who want to have fun...!

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Sunroof
02/08/21 1:59:15 PM
#361:


Zillow just got a boosted rating from analysts. Perfectly-timed buy before earnings.
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Lopen
02/08/21 2:04:27 PM
#362:


If OCGN holds this for a week guarantee an offering will come

Buying the dip after the offering might be worth it

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DoomTheGyarados
02/08/21 2:07:12 PM
#364:


First Lopen ignores you
Then Lopen laughs at you
Finally, he stans your investments with you

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DoomTheGyarados
02/08/21 2:08:43 PM
#365:


Anyway I got out at 15. Just made a quick buck lol

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StartTheMachine
02/08/21 2:09:16 PM
#366:


Lopen what biotech stock hurt you and do you want to talk about it

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DoomTheGyarados
02/08/21 2:09:36 PM
#367:


DoomTheGyarados posted...
I put 5000 shares into zom because i have worked with them before. Up pretty good today.

Btw


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Lopen
02/08/21 2:13:03 PM
#368:


I just watch their graphs. I actually generally avoid them. Trevena is the only one I like as a super safe play because you're buying their approved products not speculation-- speculation is just upside. ATHX is nice for the upside but they still don't have a product yet

I'm just saying if you don't know what you're buying they're super dangerous. They go up and down on basically nothing but rumor and innuendo. I'd never ever buy one that's up over 100% on the day without knowing what I was buying.

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Sunroof
02/08/21 2:32:22 PM
#369:


I feel like I have leveled up at last to the point that I can invest in the small stocks that you guys intermittently mention. Thats how big money can be made (and lost) and Im ready for it!
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StartTheMachine
02/08/21 2:36:26 PM
#370:


Lopen posted...
I just watch their graphs. I actually generally avoid them. Trevena is the only one I like as a super safe play because you're buying their approved products not speculation-- speculation is just upside. ATHX is nice for the upside but they still don't have a product yet

I'm just saying if you don't know what you're buying they're super dangerous. They go up and down on basically nothing but rumor and innuendo. I'd never ever buy one that's up over 100% on the day without knowing what I was buying.

Agreed and agreed. I was just teasing. These companies trade way out of whack on speculation and are maybe the most important to DD on of anything. That's why you don't see me pumping ENZC to hit like $5 or $10 any time soon like the stocktwits people. At this point, it looks like hype just keeps building where it might have some crazy 100% day, at which point I would pull 100% out and see where it settles to go long with a much smaller position. There is some good research that points to it actually being worth a dollar though.

https://youtu.be/LqdlFrH6P2Y

This guy is great. This where I want to get my DD skills to.

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Tirofog
02/08/21 2:37:02 PM
#371:


DoomTheGyarados posted...
Btw

Bought 10 shares @ 1.39 because of you Chris and I'm kicking myself for not getting more - will likely play it safe and sell a few tomorrow and then HODL the rest for maximum gainz.

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GameStonk
02/08/21 2:38:00 PM
#372:


red sox 777 posted...
At this point I'm not sure the commissions are such a bad thing. At least then you can be more confident your trades are being executed at fair prices. If you aren't a day trader, there aren't that many trades anyway. I think I've had something like 2 true day trades (where the same stock is bought and sold in the same day) in a year.
This is how I feel. More power to you if you want to trade so frequently that commissions have a real impact on your gains, but I like having the extra incentive to hold. The only thing I have sold in the past year is AVCT!
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greengravy294
02/08/21 2:44:00 PM
#373:


Chris is the alakazam V booster thing any good

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DoomTheGyarados
02/08/21 2:44:32 PM
#374:


No only half the packs are vivid voltage. Not bad at msrp but meh

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neonreaper
02/08/21 3:00:11 PM
#375:


I assume its sephG

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Sunroof
02/08/21 3:06:14 PM
#376:


Zillow keeps rising. I expect it to continue rising through earnings into the next day (2/11). I recommend getting in on it.
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CoolCly
02/08/21 3:06:28 PM
#377:


Hey Chris, did the recent Twitch craze of opening card packs have a noticeable impact on prices in your corner of the world?

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DoomTheGyarados
02/08/21 3:08:34 PM
#378:


Spiked it hard, yeah. Very profitable.

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GameStonk
02/08/21 3:18:10 PM
#379:


Ugh another reminder that Chris lives in GOAT Gov DeSantis's Florida and has no state income tax too! What a life.
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Sunroof
02/08/21 3:22:53 PM
#380:


Yeah those states are OP.
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DoomTheGyarados
02/08/21 3:23:30 PM
#381:


Actually live in Georgia now. Blue state!

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greengravy294
02/08/21 3:29:03 PM
#382:


I got a raikou and a rayquaza from vivid voltage

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DoomTheGyarados
02/08/21 3:40:51 PM
#383:


I will buy those from you for tcgplayer rates if you like.

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StartTheMachine
02/08/21 3:41:03 PM
#384:


GameStonk posted...
Ugh another reminder that Chris lives in GOAT Gov DeSantis's Florida and has no state income tax too! What a life.

holy shit

I looked this up thinking surely investments would still be taxed but nope. 0% taxes on stocks?

I may have to move to Florida

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DoomTheGyarados
02/08/21 3:42:01 PM
#385:


My partner is a tax accountant you guys have every reason to hate me.

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masterplum
02/08/21 3:43:08 PM
#386:


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CaptainOfCrush
02/08/21 3:54:24 PM
#387:


7 states don't have a state income tax

I live in another =)

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StartTheMachine
02/08/21 4:01:03 PM
#388:


Closed today at 104k. Feeling good.

CaptainOfCrush posted...
7 states don't have a state income tax

I live in another =)

Now I know why the Dumb Money guys moved to Texas

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Sunroof
02/08/21 4:08:33 PM
#389:


Im at $170k and my next benchmark is $250k
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DoomTheGyarados
02/08/21 4:09:34 PM
#390:


Remember taxes pay for the prosperity of a society!

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Sunroof
02/08/21 4:12:02 PM
#391:


Im estimating 35% taxes on these gains.

Florida and co. still have to pay federal taxes on theirs, btw.
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greengravy294
02/08/21 4:14:59 PM
#392:


DoomTheGyarados posted...
I will buy those from you for tcgplayer rates if you like.
Maybe, I kinda like the idea of holding onto them though since they're legendaries and people like it.

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X_Dante_X
02/08/21 4:16:02 PM
#393:


CaptainOfCrush posted...
7 states don't have a state income tax

I live in another =)


^5
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StartTheMachine
02/08/21 4:16:15 PM
#394:


Looks like ENZC made some people on stocktwits millionaires today. You love to see it. The true early investors here make GME gainz look like nothing.

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red sox 777
02/08/21 4:32:18 PM
#395:


Congrats on the 100k! God bless America and bull markets.

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Sunroof
02/08/21 4:35:12 PM
#396:


Crazy that my crypto gains are over 10% and I didnt even touch DOGE.
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Colegreen_c12
02/08/21 4:40:32 PM
#397:


I also live in Florida and no state tax is indeed great. Our sales tax isn't even that high either

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ChaosTonyV4
02/08/21 4:48:44 PM
#398:


Colegreen_c12 posted...
I also live in Florida and no state tax is indeed great. Our sales tax isn't even that high either

Same, all that income from tourists is a hell of a thing.

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StartTheMachine
02/08/21 5:56:04 PM
#399:


red sox 777 posted...
Congrats on the 100k! God bless America and bull markets.

The American justice system fucked me over for the longest time, I find it fitting that some of my biggest wins have been in companies with "American" in the title - AVCT and AMC - in return.

I was in an accident back in 2012 that was my fault. I have bad astigmatism which would cause my contacts to move around a lot (got LASIK now baby), and I was rubbing my eyes to put my contacts in place when I stupidly pulled out of a Subway in the rain, thinking I could see well enough, just to crash into another vehicle. I wasn't paying insurance at the time as it had recently expired and I couldn't afford it, but somehow the state didn't know and they hadn't revoked my license for not being insured. Now obviously I take full responsibility for driving uninsured, but getting my license back proved to be a way more ridiculous ordeal than it had any right to be.

I owed $4600 to the people I hit, on top of more court fees, to get it back. I tried to apply for a work license, but Tennessee laws are backwards enough that I couldn't even get one of those. So I was in a catch-22 where I had to work to make money to get my license back, but had to drive to work to make money in the first place. I was in a cycle for years where I would get a well enough paying job, but they were always 30 minute plus commutes away, then I'd end up getting pulled over just before I made the sum of money I needed. Of course this just added on new charges and made it harder and more costly to simply get my license reinstated.

This happened multiple times and I went to jail a bunch, always literally just trying to go to and from work. I only got my license back in early 2019 after family members stepped up to take me to my shitty $9 an hour job close to where I live, which I only kept long enough to make the money I needed for my license and bounced.

After all that bullshit, you can imagine how good it feels to be where I am now thanks to my trades. All of those experiences and shitty jobs only made me yearn for financial freedom more, and are probably a good reason behind why I've made the moves I have in the stock market.

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ChaosTonyV4
02/08/21 5:56:50 PM
#400:


o_o

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masterplum
02/08/21 5:58:35 PM
#401:


StartTheMachine posted...
The American justice system fucked me over for the longest time.... I wasn't paying insurance at the time as it had recently expired and I couldn't afford it, but somehow the state didn't know and they hadn't revoked my license for not being insured.


This is one of the most "Everyone is the hero of their own story" stories I have ever heard. I mean I'm sorry you went through that, but dude.

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Lopen
02/08/21 5:58:48 PM
#402:


That's awesome man. I always say I've made "poor decisions" or whatever to not be financially very well off but you've got me beat by a mile.

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