Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[CanuckG]

Jumped on IDEX at 1.13. Dipped enough for my liking. Hoping for good returns. Really like that stock.

agreed

[Slurry Pumper]

so you don't want it at 15 but you want it at 17.43? seems silly... especially since they are going more into bigger stocks like wynn

i would rather buy low sell high but to each his own

If I buy at this level and it runs up to the high, I would rather wait until in breaks out and goes higher because it is more likely to run up and stall, then come back down. If however it breaks thru the high it is more likely to keep running.

[navyblue81]

agreed

Would you jump back on BIOC? I jumped off at .67 and saw it's dipped down to .63. The news on the split concerned me this morning but I still see a lot of signs that it could burst up.

[Iona]

[milwaukee mike]

If I buy at this level and it runs up to the high, I would rather wait until in breaks out and goes higher because it is more likely to run up and stall, then come back down. If however it breaks thru the high it is more likely to keep running.

yeah but when you're dealing with funds, and it's based on the underlying asset values, isn't the breakout of penn/wynn/etc more important? the breakout of betz would probably be totally correlated to something as simple as wynn going way up... rather than the actual chart/trend of betz

[navyblue81]

Jumped onto MARK at 2.65. I know I missed a lot of the surge with it and I hate buying after a run but hoping for a strong after hours performance from them. A lot of signs there for the run to continue overnight.

[Snowball]

PLM has over a Billion shares O/S just fyi

[chico2663]

Jumped onto MARK at 2.65. I know I missed a lot of the surge with it and I hate buying after a run but hoping for a strong after hours performance from them. A lot of signs there for the run to continue overnight.

once again you gave me winner fmci 17.39 after hours/fmciw 5.20 after hours. just wish i would of bought more

[navyblue81]

once again you gave me winner fmci 17.39 after hours/fmciw 5.20 after hours. just wish i would of bought more

Thank Mil Mike. I asked him between FCMI and FSLY last night and he gave me the recommendation. So went with that. Put a lot into that and a little bit into IDEX and just a few late shares into MARK today.

But FCMI and IDEX right now are my two solid stocks I have that are under $20 that I hope will grow. I have my big long term $$ in Apple, TTD, and FB. Not budging on those.

[CanuckG]

Would you jump back on BIOC? I jumped off at .67 and saw it's dipped down to .63. The news on the split concerned me this morning but I still see a lot of signs that it could burst up.

they're due for some PR. I would take it at anything under .62. I wish I jumped on the online chinese education stocks faster....

[Goat Milk]

Thank Mil Mike. I asked him between FCMI and FSLY last night and he gave me the recommendation. So went with that. Put a lot into that and a little bit into IDEX and just a few late shares into MARK today.

But FCMI and IDEX right now are my two solid stocks I have that are under $20 that I hope will grow. I have my big long term $$ in Apple, TTD, and FB. Not budging on those.

BIOC? You sure? Might dip in with you. What's your thought process there.

[navyblue81]

BIOC? You sure? Might dip in with you. What's your thought process there.

I sold it earlier today. Reports came out of them doing a split. That's what veered me away from XSPA. Still wouldn't be surprised to see it go up some. Just don't want to take that chance. I like FMCI, IDEX, and MARK right now better. IDEX is tied with TSLA so that's a good train to hop on.

[slewfan]

once again you gave me winner fmci 17.39 after hours/fmciw 5.20 after hours. just wish i would of bought more

What did you buy, 10 shares of each. Brain dead.

[allabout the $$$]

anyone like ibio???

[milwaukee mike]

Thank Mil Mike. I asked him between FCMI and FSLY last night and he gave me the recommendation. So went with that. Put a lot into that and a little bit into IDEX and just a few late shares into MARK today.

But FCMI and IDEX right now are my two solid stocks I have that are under $20 that I hope will grow. I have my big long term $$ in Apple, TTD, and FB. Not budging on those.

hey no problem... good after hours action in fmci too

still super cheap compared to bynd

[Slurry Pumper]

yeah but when you're dealing with funds, and it's based on the underlying asset values, isn't the breakout of penn/wynn/etc more important? the breakout of betz would probably be totally correlated to something as simple as wynn going way up... rather than the actual chart/trend of betz

Yeah, you're right but BETZ is a sector play with the ETF, and typically with the ETFs there is a smoothing effect so if 1 particular stock in that sector is soaring and another is lagging big time, they tend to cancel out one another. So the play is based mostly on the sector at large. This ETF is new, so new as to only have about a weeks worth of history so being a totally conservative swing trading type of guy. I always feels more comfortable buying a stock when it breaks through resistance. Actually I only have this because I like the gaming industry stocks in the far future. I think they have taken a hit over the last couple of months during a time when they were really starting to come on with the advent of sports betting sweeping across the nation. I really plan on just adding to this fund over the next year building a position of about 20 to 30 grand which will represent about 5 to 10 percent of my overall long term plays.

[navyblue81]

hey no problem... good after hours action in fmci too

still super cheap compared to bynd

Oh yeah. It’s still a baby. Lots of room and time to grow.

Goat asked about BIOC before. I did read about 30 mins ago from people who owned their stock that the company is trying to get to $1 and hold it for 10 days. They’re gonna release a PR towards the end of week or next week that they hope will give them a boost. Just an fyi.

Also keeping my eye on OPES.

[CanuckG]

lol @ anyone buying hertz. insane.

[CanuckG]

$CHFS is one I am holding for 1-2 days. Webinar tomorrow 9AM EST and possible PR after. In for .49 see if we can break .60. Lot of covid stocks out there people keep talking about.... MARK, TRIB, IBIO, NOVN, SXTC, RAVE, HTGM....be cautious with those. Some are absolute duds.

[Goat Milk]

Yeah, you're right but BETZ is a sector play with the ETF, and typically with the ETFs there is a smoothing effect so if 1 particular stock in that sector is soaring and another is lagging big time, they tend to cancel out one another. So the play is based mostly on the sector at large. This ETF is new, so new as to only have about a weeks worth of history so being a totally conservative swing trading type of guy. I always feels more comfortable buying a stock when it breaks through resistance. Actually I only have this because I like the gaming industry stocks in the far future. I think they have taken a hit over the last couple of months during a time when they were really starting to come on with the advent of sports betting sweeping across the nation. I really plan on just adding to this fund over the next year building a position of about 20 to 30 grand which will represent about 5 to 10 percent of my overall long term plays.

Still confused a little. So BETZ holds:

DraftKings
Flutter
GAN
Pointsbet HOldings
Kambi Group
Betmakers Tech
WIlliam Hill
Penn National Gaming
Kindred Group

My question is, what about all the other offshore accounts, and what about huge casinos that are going to offer gambling on sports now? It's going to be legal in every state soon. So what happens to BETZ at that point when there are all these other options? In your opinion.

[chico2663]

hey no problem... good after hours action in fmci too

still super cheap compared to bynd

Thanks m.m.. I also bought the warrants which has a value of 11.50

[milwaukee mike]

Thanks m.m.. I also bought the warrants which has a value of 11.50

more leverage with the fmciw to be sure, it looks like those warrants go 5 years from the "initial business combination date" of tattooed chef?

god i should've bought those warrants for .25

can easily see those going to $20

[cornmeal]

Their pounding UONEK again this morning

[milwaukee mike]

Yeah, you're right but BETZ is a sector play with the ETF, and typically with the ETFs there is a smoothing effect so if 1 particular stock in that sector is soaring and another is lagging big time, they tend to cancel out one another. So the play is based mostly on the sector at large. This ETF is new, so new as to only have about a weeks worth of history so being a totally conservative swing trading type of guy. I always feels more comfortable buying a stock when it breaks through resistance. Actually I only have this because I like the gaming industry stocks in the far future. I think they have taken a hit over the last couple of months during a time when they were really starting to come on with the advent of sports betting sweeping across the nation. I really plan on just adding to this fund over the next year building a position of about 20 to 30 grand which will represent about 5 to 10 percent of my overall long term plays.

i would agree if they were still down, but quite the opposite

rather than buying penn at 3 you're buying it at 31
instead of getting wynn for 35 you're buying it at 89
instead of getting dkng for 9 you're buying it at 39
instead of gan for 2 you're paying 20
etc etc

no way are those things all gonna double from here... so i would rather be buying the dips and selling the rallies, at this point it's hard to say any single stock in betz' portfolio is cheap... dkng knows their stock is too high which is why they're selling more

[navyblue81]

Considering putting some big money into Tesla and adding it with TTD, FB, and AAPL as my big long-term plays. There are a lot of indications of Tesla being a long-term giant. IDEX + TSLA = Winner.

OPES was a good buy today. Was keeping my eye on it last night. Wanted to see a little bit more of a dip but it just took off instead.

Btw, DGLY has plummeted. Wow. I thought the body cam news would shoot it up. Might not be a bad bargain price now at 4.50.

[chico2663]

more leverage with the fmciw to be sure, it looks like those warrants go 5 years from the "initial business combination date" of tattooed chef?

god i should've bought those warrants for .25

can easily see those going to $20

So what happens if the warrants go higher than strike point?

[navyblue81]

Wow. IDEX looking nice today.

[chico2663]

Bought srax

[jonal]

Anyone have an opinion on DraftKings here? Yesterday they announced a 33M Share Proposed Public Offering of Class A Common Stock yesterday. Stock went down but is back up today.

[navyblue81]

Electric vehicle industry having a good day. IDEX up some 25%. Tesla going back up. Nikola going up.

Edit: IDEX is exploding right now.

[CanuckG]

IDEX just made me a bundle. lets go navy!

[Iona]

[CanuckG]

BIOC volume spike. Some good DD done on them by @buysellshort on twitter.

[navyblue81]

IDEX just made me a bundle. lets go navy!

It's been a good day thus far. Good Lord, it may get close to 75% the way it's trending. Worried the day traders are going to sell late in day . I'm holding on for a while with it, though. As long as it's tied with Tesla, it's going to keep going up. This has $5 potential by end of the year. I bought Tesla this morning, too. Riding both of them together (yes, pun intended).

[CanuckG]

love when a stock halts in your favour