Board 8 > Stock Topic 25

(+) Yeah! (+)

DNN is having a really hard time staying over $1.20

I lost a couple hundred on Chinacoffee

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I hate those days that are green but I finished red
Makes me doubt my stock picks

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hello palantir my old friend

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I refuse to invest in chinese stocks

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Quietest this topic has been in a while. What's up today stock gang?

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red day =(

this is a fun read, I guess this is the kind of research short selling firms were for

https://www.reddit.com/r/investing/comments/m6kxvb/dd_ftft_a_400_million_chinese_scam/

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Market has been pretty lame the past few days. What a bad time to start holding!

Got in on LK(NCY). I am feeling seriously regretful about selling GME yesterday. Thinking about buying back a very small position. It's so weird though - I feel like the usual buy low/sell high concept doesn't work so well for GME, because its value (where I expect it to go) is a floating target. Could be $800, could be $50.

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CoolCly posted...

red day =(

this is a fun read, I guess this is the kind of research short selling firms were for

https://www.reddit.com/r/investing/comments/m6kxvb/dd_ftft_a_400_million_chinese_scam/

chinese stocks lol

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I sold out of LAZR. This is probably one of those low-conviction stocks that it's better not to invest in entirely.

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red sox 777 posted...

Got in on LK(NCY). I am feeling seriously regretful about selling GME yesterday. Thinking about buying back a very small position. It's so weird though - I feel like the usual buy low/sell high concept doesn't work so well for GME, because its value (where I expect it to go) is a floating target. Could be $800, could be $50.

If you try to make like 80-100 per share on GME jumping in and out can be super profitable.

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Even day for me. Holding my breath for one more week when I can finally dump some JetBlue and Southwest for long gainz.

Honestly I wouldn't be upset about it if I had gotten my shares off at $210. I went to put in a limit order to sell for $210 while the price was above $210. By the time I hit confirm the price was down to about $205. I lowered the limit order, but the price went even lower in that time. Plunged to $177. When it got back to $192 I was thinking it might do what it did early February and plunge all the way to the $100 area so I sold. Then it did plunge to $172 but then it came back up to the $220s, so my original limit order at $210 would have filled.

I am so much more upset about this difference between $210 and $192 than I am about losing 10x that much money from my other stocks going down yesterday lol.

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Someone hit me with a stock to buy.

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VLDR so you can be sad with me

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DoomTheGyarados posted...

Someone hit me with a stock to buy.

Same. I'm looking to throw the stimmy somewhere

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*Watches stocks go up*

I think the Fed must have said something good.

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DoomTheGyarados posted...

Someone hit me with a stock to buy.

Least to most safe imo

VYGVF
CRSR
AMD
TTCF
WBA

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BAND. It is below its low forecast.
Peace___Frog posted...

Same. I'm looking to throw the stimmy somewhere

Also EVRI. Still under $15.

Thank you Federal Reserve. Nobody knows how to push markets higher like you do.

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Well to be fair theyre the reason it went down in the first place.

There's that bitcoin spike I was waiting for. Take me up above 63 and I'll move it to cardano and call it a day.

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Hail the Federal Reserve, devaluing the US dollar for over 100 years!

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ExThaNemesis posted...

There's that bitcoin spike I was waiting for. Take me up above 63 and I'll move it to cardano and call it a day.

cardano already got a nice spike (1.03 to 1.35~) from it's listing on Coinbase pro yesterday and it's settled in the low to mid 1.20s. I've seen articles saying it might make a run to $2, but do you really think it's going to have another spike if it didn't run any further than it did yesterday? The volume has stayed pretty constant and I feel like if it was going much further it would have done it yesterday, but it couldn't even surpass where it peaked 3 weeks ago.

Don't get me wrong I hope it keeps going and I have 20% of my crypto cash in ADA, but I feel like it's going to settle in the mid 1.20s for awhile and if I see something juicy I'll be cashing out my ADA gains to buy into something else since I'm pretty sure I'll just get back into ADA at a similar if not lower position before it has another run.

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EVRI over $15 and BAND green for the day I HOPE SOMEONE LISTENED TO ME

DoomTheGyarados posted...

Someone hit me with a stock to buy.

Coinbase IPO! Why not!

Coinbases opening price is going to be so outrageously high that I guarantee it will be red for an entire week after the first day. But I believe it will be good after that.

When is that happening?

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Sunroof posted...

Coinbases opening price is going to be so outrageously high that I guarantee it will be red for an entire week after the first day. But I believe it will be good after that.

Never said to keep it longer than a few hours ;)

The IPO has to be soon. They were targeting early March.

why buy coinbase instead of voyager though

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Anyone get in the OLO IPO today?

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Sold EVRI for $500
Sold CREX for a small loss because my market order messed me up

Now I have $95k liquid.

Cant wait to buy CPNG Friday PM.

I think I'm finally going to part with my remaining 100 AMC tomorrow if the price holds up reasonably close to this. I held because I expected a lot of younger and/or "chaotic good" folks to yeet their stimulus checks into the WSB stocks, and I feel like that effect is largely under way at this point.

I was down nearly a grand at one point with AMC, so it'll feel good to come off this roller coaster with my money back and $500-$600 on top of that. Though I don't blame anyone for holding it as a recovery stock, and the temptation really is there for me to do that.

Probably going to move this money into more WING, FUBO, SUN and a safe option like PEP or CPB.

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Disney

Always just invest in Disney if you want safe money. They are going to explode in 5 years when you consider all of their revenue streams.

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Forceful_Dragon posted...

Don't get me wrong I hope it keeps going and I have 20% of my crypto cash in ADA, but I feel like it's going to settle in the mid 1.20s for awhil

I stand corrected. Just jumped from 1.25 to 1.40 (and counting?)\

Go ADA Go!

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https://www.bloomberg.com/news/articles/2021-03-17/coupang-pares-ipo-surge-before-insiders-get-early-shot-to-sell

What does this mean? I understand that insiders are able to sell their shares tomorrow, but at the bottom it says that pre-investors are also able to sell as long as the stock is above $46.55? How is that any different than whats happening tomorrow? Also, unless Im misunderstanding, the stock is pretty much guaranteed to drop as early as next week whenever it hits $46.55.

It sounds to be like that provision, along with the $35 one, was built into the stock before it went public. So Im interpreting this as not only will the stock go down tomorrow due to the $35 people being able to sell, but it will go down again once it hits $46.55.

Is that right? If so, possible plays include:

1) Hoping it dips well below $46.55 (it is already under that) before next week (have to find out what day exactly that provision goes into effect) and then sell right before we expect it to hit $46.55

2) Wait to buy until after it hits $46.55 and drops

It also has its earnings on 3/30

Airlines can't be stopped. This is incredible to watch.

Airlines creeping up to pre-covid levels as though the year of huge losses can just be ignored and like we'll just go up to 2020 levels as though airline revenues will instantly be back to normal is more irrational than the tech surge ever was

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Lopen posted...

Airlines creeping up to pre-covid levels as though the year of huge losses can just be ignored and like we'll just go up to 2020 levels as though airline revenues will instantly be back to normal is more irrational than the tech surge ever was

Lol gains go brrr

I have no idea why CPNG is up today. Im also getting frustrated with honing Nasdaq red streak.

So if I had gone with my instincts, sold DNN and threw that money at AABB in the .20s, I'd be up like 25 grand right now. But I was too burnt out on stock research to deep dive on them, and I like at least knowing I hold something decent if a short term hype trade doesn't work out. There are downsides to being strict and research-focused as well when trying to make big hype plays.

Ahh well, I'll buy the next huge dip. Basically anything that announces something crypto adjacent surges in this market (AABB announced a crypto token backed by gold or something). Lots of micro cap stocks to make dumb gains on atm.

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Nasdaq is getting slaughtered again. Glad I bought Luckin. Too bad I bought Square.

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Im gonna hop on the EVRI express at close.

Forceful_Dragon posted...

I stand corrected. Just jumped from 1.25 to 1.40 (and counting?)\

Go ADA Go!

Slowly inched to the 1.45 range and then snapped back to 1.25. Guess I should have got out at 1.40 and just hopped back in when it reverted. Alas.

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Looks like I timed my AMC sale pretty well by selling around 20-30 min after opening. I'm getting bent over a barrel today otherwise... >_>

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