Current Events > Stock Market General #36

(+) Yeah! (+)

AlCalavicci posted...

It's lower than what you sold it at right now

But what if it plummets even more

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littlebro07 posted...

God

can ENZC please hit $5 already so I can dump $20k into all these scam subpenny stocks that skyrocket for no reason

paying off my house before 30 would be fucking dope

$5? You're going to be waiting for a loooooooooooong time.

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1337toothbrush posted...

$5? You're going to be waiting for a loooooooooooong time.

Eh maybe, maybe not.

FDA approves their covid treatment and it flies
EMA approves their HIV treatment and it probably flies even more. Thats probably a lot further down the road though.

Otherwise Ill just keep HODLing

i will also settle for $3

and these biotechs have a habit of exploding to stupidly overvalued prices before settling down in reality within a week. Got a sell order in for $5 so if that happens I wont miss it lol

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littlebro07 posted...

Eh maybe, maybe not.

FDA approves their covid treatment and it flies
EMA approves their HIV treatment and it probably flies even more. Thats probably a lot further down the road though.

Otherwise Ill just keep HODLing

i will also settle for $3

and these biotechs have a habit of exploding to stupidly overvalued prices before settling down in reality within a week. Got a sell order in for $5 so if that happens I wont miss it lol

https://finance.yahoo.com/news/enzolytics-
announces-progress-toward-completion-110000129.html

European distribution appears to be a hundred percent certain

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Still tbd for human trials?

Makeveli_lives posted...

European distribution appears to be a hundred percent certain

Yeah Im confident that its going to happen eventually but idk how long the trials will take. Like if they can use the results from last time thatll speed things up but if they have to start from scratch it could be months or years.

The drug had been successfully tested under the Bulgarian Drug Administration guidelines but since the BDA joined the EMA in 2019, permits for HIV/AIDS stuff now has to be issued through the EMA and tested under their guidelines. Enzolytics didnt have the money to start over until now.

So thats why Im thinking the COVID-19 treatment being tested now has a better chance at some short term success since the FDA seems to be approving all COVID-fighting monoclonal antibodies as long as they have any sort of success in trials.

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All systems green in the premarket...let's see how fast we can flip that today

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I'm still up so far, but the DOW's current theme song:

https://www.youtube.com/watch?v=LHEsE9yN2CY

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Buy more ENZC or wait for the inevitable dip?

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Billyionaire posted...

Buy more ENZC or wait for the inevitable dip?

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I just bought like 5,000 more shares

I hope I don't regret it

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The SEC has the day off lol

Now at 4600 shares of SLVO. I decided to get more since the price was relatively low.

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oof, wish i didn't log into my portfolio today

this is what, the fourth red day in a row? all those green days are gone and i feel like i got dumped without the pump

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Trumpo posted...

Banks dropping what exactly?

bank securities dropping in price

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i don't have any bank stonk in my portfolios. is it worth buying into it? i kinda hate banks, so...

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They say banks are on the way up, and I think some are pretty cheap, too.

But c'mon, you could buy banks and be responsible and make money, or you can be like us and buy ENZC and watch it go red every day and yell at the stars about how you're gonna be rich.

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E_S_M_Z posted...

But c'mon, you could buy banks and be responsible and make money, or you can be like us and buy ENZC and watch it go red every day and yell at the stars about how you're gonna be rich.

this

fuck the banks

penny to da moon money printer brrrrrrr

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jeffhardyb0yz posted...

Being unemployed has shifted my schedule. I havent even looked at this shit until now. When I was working, me and my coworker would be locked into the market at 9:30 AM

what happened bro

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so like, what happens to SLVO on april 21 2033

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I'm actually STILL up by about 1% at lunchtime.

Dow goes down, E_S_M_Z goes up! That's the way I like it!

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PatrickMahomes posted...

so like, what happens to SLVO on april 21 2033

every share will self destruct

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PatrickMahomes posted...

so like, what happens to SLVO on april 21 2033

I just called Etrade about this. Typically, they would just "roll the options to a further expiration date."

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CableZL posted...

I just called Etrade about this. Typically, they would just "roll the options to a further expiration date."

makes sense i suppose. im just in this for the dividends but i dont want this to be like some scam where we get sweet dividends but also lose all the stock vanishes as this date gets closer or whatever and we all get hosed

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Why is the market still open today?
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PatrickMahomes posted...

makes sense i suppose. im just in this for the dividends but i dont want this to be like some scam where we get sweet dividends but also lose all the stock vanishes as this date gets closer or whatever and we all get hosed

SLVO is an exchange traded note, which is basically like a bond that will mature and pay out at the end of its life (2033). They sell monthly call options and the premium received from that is where the dividend comes from.

https://www.etf.com/SLVO#overview

https://www.investopedia.com/terms/e/etn.asp

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theAteam posted...

SLVO is an exchange traded note, which is basically like a bond that will mature and pay out at the end of its life (2033). They sell monthly call options and the premium received from that is where the dividend comes from.

https://www.etf.com/SLVO#overview

https://www.investopedia.com/terms/e/etn.asp

good stuff, thank you

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lilORANG posted...

Why is the market still open today?

My guess is options expire today because they were written before it was a national holiday and they have to stay open so they can be exercised.

Otherwise it would be kind of a dick move to close the markets.

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Oh great. Another fucking day in which the markets will be closed. National holiday my ass.

Thaumaturge posted...

Oh great. Another fucking day in which the markets will be closed. National holiday my ass.

Shut the fuck up

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Fuck off. I have work to do.

Thaumaturge posted...

Oh great. Another fucking day in which the markets will be closed. National holiday my ass.

TheGoldenEel posted...

Shut the fuck up

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No! No strife in the Stock topic allowed! This is a safe community, where we all nurse our wounds at bad market days, share tips and information, and get secretly angry at anyone doing better than us until it explodes in a violent rage. There's no arguing allowed.

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https://youtu.be/mvnq_W0i3Bs?t=199

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E_S_M_Z posted...

No! No strife in the Stock topic allowed! This is a safe community, where we all nurse our wounds at bad market days, share tips and information, and get secretly angry at anyone doing better than us until it explodes in a violent rage. There's no arguing allowed.

TheGoldenEel posted...

Shut the fuck up

jk I love you all


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how come there are days where the entire market plummets as one entity but never days where the entire market rises as one entity

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PatrickMahomes posted...

how come there are days where the entire market plummets as one entity but never days where the entire market rises as one entity

It's like how bubbles inflate vs how they pop.

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E_S_M_Z posted...

No! No strife in the Stock topic allowed! This is a safe community, where we all nurse our wounds at bad market days, share tips and information, and get secretly angry at anyone doing better than us until it explodes in a violent rage. There's no arguing allowed.

Some things deserve to get called out

racism is one of those things

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littlebro07 posted...

Got a sell order in for $5 so if that happens I wont miss it lol

Dude why sell for $5 per share when you can sell for **$50 per share**

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Billyionaire posted...

Dude why sell for $5 per share when you can sell for **$50 per share**

If I didnt have a kid on the way Id set it at like $20 and delete the app

but Im impatient now lol I need some debt paid off and a better vehicle

like I said earlier Id settle for $3 so I have alerts set for $2 and $2.50 now to keep a close eye on it. The extra $2 was just me being greedy and all the cash from that would have just been reinvested in VTI or something. $3 leaves me with about $15k for OTC gambling after I get all my financial shit taken care of

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jeffhardyb0yz posted...

Thaumaturge better not be who I think it is

who

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Good week for AMC with a decent amount of calls itm

I'm not racist. I'd feel this way about any new holidays keeping the banks and market closed. But I will apologize. I am glad that there is more awareness regarding the injustices in the black community.

Markets being closed is better. It's an advantage for long positions which should be promoted more.

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I dont mind markets being closed.as long as I closed green the day before

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Wasnt something big suppose to happen today for amc?

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Admiral_Zero posted...

Wasnt something big suppose to happen today for amc?

$65 isn't big enough?

Admiral_Zero posted...

Wasnt something big suppose to happen today for amc?

Options expired. It's gonna drop Monday most likely.

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