Board 8 > Stock Topic 28

(+) Yeah! (+)

Sunroof posted...

NET crushed me on its poor earnings last quarter.

Because you gambled like $100k on it

---

Their earnings would have been poor regardless of my investment.

My intent on mentioning that wasnt to make it about me, it was to remind those invested in it that it did poorly last earnings report, and that it may happen again.

Sunroof posted...

My intent on mentioning that wasnt to make it about me, it was to remind those invested in it that it did poorly last earnings report, and that it may happen again.

This kind of logic made me not earn on Google earnings last quarter (or was it 2 quarters ago?)
Because the quarter before, all the big tech companies killed it - Apple, Amazon, Microsoft...then Google shat the bed
But the previous earning season it was the exact opposite

Again - earnings are a gamble

---

Definitely a crapshoot. But I like Pinterest for tonight!

You must be cursed or something

---

Lmao. Good thing I didnt get in on it for too much. Sold asap, lost only around $400

Tirofog posted...

Speaking of meme stocks, Blockbuster briefly spiked up to 4 cents a share yesterday for no reason that I can see.

Ahem:

https://katu.com/news/local/wienermobile-stops-in-bend-to-visit-worlds-last-blockbuster

DD Acquired.

---

Ah the Dogefather spoke one again

---

it feels like crypto is just a place to put your money while you are waiting for Elon Musk to tweet "doge"

---

What on earth is going on with EVRI? Its run is insane for a non-meme stock.

And to think I had $250k in it one week ago at $13.50!

igex up over 100% for me today, selling half

---

Lmao how do you find these

MSFT
GOOG
AAPL
AMZN

Final Destination = Elon Musk

---

Sunroof posted...

Lmao how do you find these

just look for volume and decent share structures on screeners. I posted about igex a few days ago fwiw

took some of the earnings into gvsi, although I think i bought at a high point for the day. The next few weeks should be fine for it though

---

GVSI is crushing it. I would be at 4x my money already had I not botched the timing with my 00 shares and ended up buying back over .015.

But damn I love this stock. Patiently awaiting the tweet and following rocket to Mars

---

I was thinking about getting in if a bit more of a pullback happened but getting in on these stocks after they start running has only burned me. Looks like that's just not meant to be.

---

CoolCly posted...

I was thinking about getting in if a bit more of a pullback happened but getting in on these stocks after they start running has only burned me. Looks like that's just not meant to be.

Same, but I decided to gamble about $58 on this one. Wish TD Ameritrade didn't charge the $6.95 fee for OTC stocks though.

---

I'm thinking about adding another mil of shares myself. When you dump is when the custodianship is confirmed. It'll surge like absolute mad when that happens and dump like mad afterward. Tweet still hasn't happened, and I highly doubt it ever comes back to these prices afterward. There are too many people that want to go long on all the George Sharp stocks now after TSNP.

If I add any more, these are the ones that I 100% sell for the tweet run.

Alternatively, you can hold for the reverse merger. That's when custodianship runs really go crazy, but obviously it depends on what company George would reverse merge into.

---

What brokerage are you guys using for these OTC stocks? Vanguard has limitations on some so I figure I need to open another account somewhere else and put some money in there.

---

you know what, fuck it, $100 investment that is going to die a miserable death, why not

blur i'll believe in you one last time but you better not fuck me on this one dude i swear to god

---

/s

---

I use TD Ameritrade. Fidelity rejected my order and SoFi doesn't have that stock available. Robinhood might allow it, but I'm boycotting them because of the GME fiasco.

---

Igex doin work

---

Any non-OTC recommendations? Id like to diversify a bit into stocks that have a good chance at going up in the next week for a quick gain?

Im talking about small gains, like 1% even.

My more serious recommendations are really ETFs. At least, they haven't burned me like some stocks have. I'm learning that trying to make a quick buck in the stock market doesn't really work.

Like for me, the money I'm putting into GVSI is basically a portion of my winnings. I know I'm probably going to lose, but I'm going to wait a little bit before selling it. But that's why I only put in about $52 before commissions.

---

But to be clear, my best move was buying a bunch of QQQ and QQQJ when they dipped. That worked nicely. My regret is letting go of some QQQJ.

---

CoolCly posted...

you know what, fuck it, $100 investment that is going to die a miserable death, why not

blur i'll believe in you one last time but you better not fuck me on this one dude i swear to god

What have I fucked you over on exactly? Timing is everything in the market and I've had 3 double baggers in the last two weeks! Did you chase or something?

I am going long GVSI though with a decent amount of shares. I have over 2 million shares now and I plan to have at least a mil for the next 3-4 months or however long it takes for the reverse merger announcement. My plan is to sell all but 500k, then let the share price stabilize and load up another 500k.

---

Sunroof posted...

Any non-OTC recommendations? Id like to diversify a bit into stocks that have a good chance at going up in the next week for a quick gain?

My NASDAQ favorites are NNDM, SFT, and TTCF. Do some DD because they'll all be double baggers before the end of the year. Well, Tattooed Chef is my lowest conviction of those, but it's also the best deal to buy at the moment and might have the most catalysts short term. But currently the first two have good momentum for smaller gains very short term like you want.

---

/s is for sarcasm

it's just a joke after that last post i made when you were down on yourself

---

CoolCly posted...

/s is for sarcasm

it's just a joke after that last post i made when you were down on yourself

Whoops didn't see that!

Yeah I still need to work on my tendency to tie my investments with my emotions. That's why I sold so many GVSI shares I bought at .0075 at .01 when it immediately ran up to 2 cents afterward. I was tired of seeing that position down for two days, then sure enough GS tweeted and I had to buy back higher on a high conviction trade that I should've just held.

My instincts continue to be better than my trades. But I'm getting better!

---

Thanks, Ill check out those picks.

And seriously wtf is going on with EVRI

I cant find anything online why its going up so much. 11% in one day is unheard of for this relatively stable stock.

Sometimes stocks go up for no reason honestly. That's just the market. Technical traders are probably better at figuring those out versus fundamental traders relying on catalysts.

---

Crazy. I feel like a father watching his some turn into a man.

charts sometimes are all it needs. In the case of EVRI, it looks like a new flagpole setup? Yesterday it broke its recent high on march 1st, so I'm assuming its running until metrics say short term sell like bolinger bands, rsi, etc

---

which btw, at the moment its already a fair bit outside of its bolinger band, so i'd think some consolidation is soon

---

Charts are important to know about, eh?

eh its good to know the basic patterns, but patterns dont mean 100% success. I just saw a really bullish pattern on a stock im in form, but the breakout hasnt happened and even a small dip. So meh.

---

Reminder to myself to take MetalDK penny stock tips

What's your success rate with those, percentage-wise?

the runners ive been in have been great, but the number of "out at a 10 to 30% loss" types are large.

The main "trick" is to always have a bit of dry powder, and don't get fomo if you see a stock run in like the first 15 minutes of the day. Usually pullbacks happen by 10am eastern or so. Also dont ever feel bad for taking a profit even if you left money on the table. I broke my rule on that on eeenf a few weeks ago and still am kinda pissed. I averaged down a tad on it and now am waiting, because I do think it will rebound someday, it has plenty of news and rumor potential, but sometimes you have to cut the loss.

As for charts, I basically look for shooting stars at the top of a chart, and immediately know to sell if i have a position, wait to buy/add if I want to stay in.

But for my overall success % wise? Maybe 25%. People need to right now realize this kind of volume over the past year or so is rare as hell because people are indoors all day. Its just the winners are so massive that I'm basically the 275lb first baseman who hits .220 but with 45 HRs or something. And I also take profits to secure at least my money back (like on IGEX today) as much as possible.

---

It seems like EENF fucked over some of the absolute best of the OTC. This makes me appreciate my luck in ENZC. And it gives me more conviction in my social arb hype methodology of finding the quick runs you want to sell immediately.

---

You guys seem to know what youre doing but just be careful with these OTC stocks.

*Dumps my life savings into a single stock I've only heard about on Reddit*

---

I looked into that stocks you mentioned for me, Blur, but Im wary of them. I am going to play it slightly safer so I put half my money into GS and the other half into WYNN. I then sold covered calls on them. I plan on repeating this and swapping out those two stocks as needed.

Sunroof posted...

You guys seem to know what youre doing but just be careful with these OTC stocks.

This needs to be emphasized. OTC is full of scammers and pump and dumpers, so this is REALLY important to understand before anyone puts serious money into it, or at least into a single OTC stock. There's a reason I am high conviction on GVSI and not on so much other garbage people are pumping.

---

Sunroof posted...

I looked into that stocks you mentioned for me, Blur, but Im wary of them. I am going to play it slightly safer so I put half my money into GS and the other half into WYNN. I then sold covered calls on them. I plan on repeating this and swapping out those two stocks as needed.

I atill wish you could see why going long on great companies like these will generate much better returns, but at least you're making bank from covered calls. I can't blame anyone with your money taking the more guaranteed route.

---

Tim apple

---