Board 8 > Stock Topic 25

(+) Yeah! (+)

Wanted to ask in here about VIAC as well - seems to have nearly doubled in the last month and I'm not sure why. If it's on the back of the Paramount+ launch, this seems like a great put candidate for six months to a year from now, as I don't see that doing too much better than CBS All Access did.

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Someone asked who all is in DNN

I have 105 shares of DML just for funsies (that's the ticker for people in the know)

But yeah today is a very green day for me except Cloudflare which took a hit =(

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Tirofog posted...

Sold about half of my AMC position today in chunks, all for a profit - currently have 10 shares left as well as a $35 3/19 call that I bought for 9 bucks last Friday that I'm going to let ride until tomorrow.

You bought.... a weekly $35 AMC call?

Holy shit, go hang out on Wall Street bets.

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masterplum posted...

You bought.... a weekly $35 AMC call?

Holy shit, go hang out on Wall Street bets.

Hey, I recognize that it's basically gambling - most of my money is put in way more safe investments like ETFs and DIS.

That said, it's still up a few bucks from what I paid for it! #yolo

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He paid $9 for it. I doubt it will pay out but who cares.

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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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sold my GME. Got the same exact vibe I got the week it plummeted. Made some of my original money back. Bought a small amount of Disney like Chris said.

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Good, Disney is eternal. Literally don't even look at the stock and then be surprised when you've made some money.

Also pay attention to this topic for tips. I know nothing about DNN for example but I just read this topic and and thought it was worth a little bit of investment and boom I've made like 2k on it.

In general don't hold stock after its exploded. There are nuances to this but I don't think you have the knowledge or desire to really be good at telling the difference. Any time you can sell a stock and get more than 3 times what you paid for it, thats a fantastic day.

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I definitely don't care for the stock market nearly as much as I do crypto.

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Also I wish I had been invested in Disney the day RBG died instead of what I was doing. That was a bloody, bloody monday for me -_-

Only day I have really regretted my go big or go home approach. the loss porn hurt my soul

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I just don't understand what caused GME to take the hit today. Stimulus money was supposed to cause the exact opposite.

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Friendship ended with GME
Now AMC is my best friend

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GME looking really weak there today. Feels like the momentum shifted. Definitely getting the Feb 1 vibes.

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Chris looking out for extha even after all these years.

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The contrast between this topic and the WSB mentality is pretty amazing.

Most of the regulars here are adults who are investing 5-6 figures for steady gains that look spectacular over time. WSB people (and a few users here) instead are looking to ride $200 investments to the moon and get really salty when they are down 15% the day after they're up 200%.

In hindsight, I should have known something was wrong when WSB was basically entirely people posting pictures of their donations to adopt gorillas over the weekend.

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Yes ExTha, I am talking about you

red sox 777 posted...

In hindsight, I should have known something was wrong when WSB was basically entirely people posting pictures of their donations to adopt gorillas over the weekend.

haha

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How exactly is CREX up 10% and CREXW down 10%?

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Warrants that are out of the money dont track the associated stock directly, i wouldnt expect it to at all until it's in the money. the price is based purely on the whims of small amounts of speculative traders since they are literally worthless and the volume is low.

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red sox 777 posted...

In hindsight, I should have known something was wrong when WSB was basically entirely people posting pictures of their donations to adopt gorillas over the weekend.

Yes that was a bad sign but when it was +5% pre market I let out a relieving sigh

Bought at 74 (+5 commission) and sold at 216 (+5 commission)
Total profit $132 for a "eh who cares let's just buy 1 stock for the sake of it" is nice
And I actually liked the strategy of just investing a very, very small amount of money into a dangerous stock and watching it grow
Maybe I can handle penny stocks like this...

I wish I had the balls to hold stocks like Tesla for 177% gains without selling after 10% and thinking I made the right call

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ExThaNemesis posted...

GME going up pre-market has historically meant a dip at open

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Are you paying $5 commission regardless of how many shares you buy?

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GME has had a well established pattern of rising in pre-market and falling during the day. I feel like pretty much the only days it rises during the day are when it's squeezing.

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GameStonk posted...

The contrast between this topic and the WSB mentality is pretty amazing.

Most of the regulars here are adults who are investing 5-6 figures for steady gains that look spectacular over time. WSB people (and a few users here) instead are looking to ride $200 investments to the moon and get really salty when they are down 15% the day after they're up 200%.

I'm not salty coz I know the risks with GME this time around and have done plenty more due diligence. I am just looking for some kind of explanation for today's nonsense with the price along with what's going on with crypto.

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ExThaNemesis posted...

I'm not salty coz I know the risks with GME this time around and have done plenty more due diligence. I am just looking for some kind of explanation for today's nonsense with the price along with what's going on with crypto.

Crypto clearly had a bit of pull back after a historic run. Gme is.... complicated.

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red sox 777 posted...

Are you paying $5 commission regardless of how many shares you buy?

It's actually a cent per share but the minimum commission is $5 and maximum is 2% (so if my math is correct buying 2000 $1 shares would be $20 commission and this is as high as it gets)
This is pretty bad yeah but this is a average deal here

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I pay $5 minimum per trade, which increases per share to a cap of $10 if there's thousands of shares in the trade. Options go higher

I've spent at least $300 in fees in the last few months

=)

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Anyone in/use Voyager for crypto? Doing some research to see if its a worthwhile investment (also to see if it's the best place in general to buy crypto for reference)

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Nanis23 posted...

It's actually a cent per share but the minimum commission is $5 and maximum is 2% (so if my math is correct buying 2000 $1 shares would be $20 commission and this is as high as it gets)
This is pretty bad yeah but this is a average deal here

It's not that bad if you buy more shares. At $74, buying and selling a single share at the same price would be a pretty big percentage loss.

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Bought more BTC. My average is now over 40k

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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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Threw in the towel and sold my remaining GME shares at $192. Lost a bit entering in limit orders that were just a bit above the market price as the price kept falling.

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Of course then it spikes back to $210.

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Why would a producer of Uranium buy Uranium????

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

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CPNG is already allowing its employees to sell their shares effective Thursday. I imagine thats going to reduce the price of the stock by a lot, as seen with Palantir. Im wondering if I should sell before Thursday, put that money in POSH or something, then buy CPNG back in after the dip

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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Yeah, it looks like they have investors buy the Uranium so they can start selling it, and the benefit is that the investors can enjoy the stock when the mine starts producing. I'm not a uranium supply pipeline expert but I figure they don't shop contracts all the time and the # of customers is somewhat limited.

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I strongly recommend CPNG as a late day Thursday purchase. Itll be at a great price.

Or Friday at close since Fridays are frequently red.

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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CoolCly posted...

Warrants that are out of the money dont track the associated stock directly, i wouldnt expect it to at all until it's in the money. the price is based purely on the whims of small amounts of speculative traders since they are literally worthless and the volume is low.

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.

AVCTW the last month is a good example of how short term volatility can manipulate warrant prices so to speak, but eventually will be corrected. The lag can just be really extreme.

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Cardano added to Coinbase Pro, immediate .25c spike :D

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Homie stock EVRI sub-$15 for those who want free money.

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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Congrats to LKNCY holders - looks like they reached a restructuring deal with creditors and the stock is up 52%. I think I am actually going to buy this.....it's still well below where it was before they announced the Chapter 15 bankruptcy proceedings.

I think it's a good value and growth play. The potential market in China is huge. Just be aware that this stock is known for dropping 50%+ overnight on awful news.

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red sox 777 posted...

Just be aware that this stock is known for dropping 50%+ overnight on awful news.

It was at $13 before doing exactly that like a month ago. I'm still holding, but probably because I have like... the mirror opposite of whatever condition some people make fun of Moonroof for having. Once I'm in, I can't bear to sell.

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chinese fraud coffee gonna plow people right in the ass again

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greengravy294 posted...

chinese fraud coffee gonna plow people right in the ass again

But hopefully not this topic. I think every one of us who invested in LK last Spring made money.

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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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