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

chico2663 · 06-23-20, 09:53 PM

Originally posted by Poker_Beast

Does anyone know what’s up with FMCI the last couple of days?

lost my ass on that asnd their warrants. my fault i held too long.

allabout the $$$ · 06-24-20, 05:48 AM

Idex dumping this morning still think it has long term value. Enjoy the swings!

Goat Milk · 06-24-20, 05:55 AM

Starting to follow some of the guys Canuck said on twitter. Not gonna sit here and watch all these 20-somethings become millionaires and wait on the sidelines. Taking action now.

zam77 · 06-24-20, 05:56 AM

Originally posted by Goat Milk

Starting to follow some of the guys Canuck said on twitter. Not gonna sit here and watch all these 20-somethings become millionaires and wait on the sidelines. Taking action now.

@yatesinvesting
@stanthetradingman

stocktwits is a great app too

Goat Milk · 06-24-20, 07:18 AM

Just bought 100 shares of OPES and 800 shares of SHIP

Just dabbling with a few grand today and gonna see how it goes

Let's see if trading short term is my thing

Goat Milk · 06-24-20, 07:25 AM

Went with 500 shares of CLSK to make it about 3 grandish for the morning.

CLSK a longer play for me.

Still looking at XpressSpa but not sold on it yet

cornmeal · 06-24-20, 07:37 AM

Yates said he bought 250k shares of CTRM this morning for those that follow

milwaukee mike · 06-24-20, 07:38 AM

Originally posted by chico2663

lost my ass on that asnd their warrants. my fault i held too long.

so you're out of fmci and fmciw? imho that doesn't mean you held too long, it means you didn't hold nearly long enough

those are long-term growth plays, in a year fmci could easily be 50 so i don't think the difference between 19 and 16 is important

Goat Milk · 06-24-20, 07:43 AM

Originally posted by cornmeal

Yates said he bought 250k shares of CTRM this morning for those that follow

Getting pummeled in pre-market. Should we buy? Don't know shit about it. But got the gambling itch right now

cornmeal · 06-24-20, 07:45 AM

Its not getting pummeled - they had public offering this morning at .35 (so look from .35)
Chart little misleading, yea if you where holding yesterday chart looks awful.
Im not saying to buy, just passing along that Yates bought 250k shares-twitter world has him a god...

allabout the $$$ · 06-24-20, 07:47 AM

Originally posted by zam77

@yatesinvesting
@stanthetradingman

stocktwits is a great app too

I just follow Yates and use stocktwits. Too many guys to follow is a pain in the ass. Too many plays also.

navyblue81 · 06-24-20, 07:49 AM

Originally posted by allabout the $$$

Idex dumping this morning still think it has long term value. Enjoy the swings!

They got a big thing going on tomorrow. That’s what I’m holding out for. Could be it’s biggest day. I’m also jumping on xspa. Can’t wait to dump FSrX at 9am. Joke of a stock.

milwaukee mike · 06-24-20, 07:51 AM

Originally posted by cornmeal

Yates said he bought 250k shares of CTRM this morning for those that follow

that's one of the weirdest things i've ever seen

company with less than 10 million shares outstanding, and they do an offering for over 50 million shares and 50 million warrants

cornmeal · 06-24-20, 07:55 AM

Originally posted by milwaukee mike

that's one of the weirdest things i've ever seen

company with less than 10 million shares outstanding, and they do an offering for over 50 million shares and 50 million warrants

Agree/ Its strange

Goat Milk · 06-24-20, 07:56 AM

Originally posted by milwaukee mike

that's one of the weirdest things i've ever seen

company with less than 10 million shares outstanding, and they do an offering for over 50 million shares and 50 million warrants

You biting or na?

Goat Milk · 06-24-20, 08:02 AM

Originally posted by navyblue81

They got a big thing going on tomorrow. That’s what I’m holding out for. Could be it’s biggest day. I’m also jumping on xspa. Can’t wait to dump FSrX at 9am. Joke of a stock.

XSPA looks interesting, but think they have a ways to go setting-up-wise based on that article you sent. Could fly on perception though.

chico2663 · 06-24-20, 08:03 AM

Originally posted by milwaukee mike

so you're out of fmci and fmciw? imho that doesn't mean you held too long, it means you didn't hold nearly long enough

those are long-term growth plays, in a year fmci could easily be 50 so i don't think the difference between 19 and 16 is important

My long term holds are fb,p&g,bmy and cydy

navyblue81 · 06-24-20, 08:05 AM

Originally posted by Goat Milk

XSPA looks interesting, but think they have a ways to go setting-up-wise based on that article you sent. Could fly on perception though.

Yeah I think it’s gonna be another week or two. But it’s already had it’s big drops the last couple weeks and seems to have some energy growing behind it.

Wow look at CTRM. Down 40%. Now that’s a dip that may be worth trying.

chico2663 · 06-24-20, 08:05 AM

Also fubo as a spec stock

chico2663 · 06-24-20, 08:07 AM

Originally posted by navyblue81

Yeah I think it’s gonna be another week or two. But it’s already had it’s big drops the last couple weeks and seems to have some energy growing behind it.

Wow look at CTRM. Down 40%. Now that’s a dip that may be worth trying.

Th just issued shitload of new stock

CanuckG · 06-24-20, 08:09 AM

TOPS and SHIP love offerings

navyblue81 · 06-24-20, 08:14 AM

Waiting for SNoWFLaKE to come out on Nasdaq. Anxious to see if the hype there is worth it all.

cornmeal · 06-24-20, 08:18 AM

I cant figure IDEX out-everybody is aware news coming tomorrow.
Is it priced in already because it has moved so much last 2 weeks, any thoughts guys?

Goat Milk · 06-24-20, 08:19 AM

Just bought 100 shares of KBSF $305 total

Slurry Pumper · 06-24-20, 08:24 AM

Looks like gold stocks are taking off again, I bought AU yesterday, and would have posted it but wasn't able to due to other obligations. This morning we have a little pull back scenario going but I doubt it turns into a big drop because the fed will show up with a big pile of money fresh from the virtual printer they have and hold up the market to continue this consolidation pattern we are currently in. I'm buying more gold stocks on the dip this morning so GLD, AU, AUY, and GDX are all on the list.
On the other side of the coin, looks like my PFE is just about to break support of 32.73, it is currently at 32.77, so if it does, I'm hammering it with another 1000 shares short if it continues to show relative weakness after this mornings shake out run which I expect to happen around noon. After that you can expect a recovery either organically or fed induced. My short play will be for around a week I suspect before I buy back the shares. In this climate shorting will have to be short lived due to the fed coming in and not letting the market to go down.

navyblue81 · 06-24-20, 08:25 AM

Originally posted by cornmeal

I cant figure IDEX out-everybody is aware news coming tomorrow.
Is it priced in already because it has moved so much last 2 weeks, any thoughts guys?

We have to wait and see what is said during the interview. If they announce they’re about to reach a deal with NKlA or TSLA, it will go nuts. If it’s just to interview for the sake of getting it exposure, it’s not going to move the needle much mostly because it’s already shot up so much already. For it to take the next step, it needs some really big news.

Slurry Pumper · 06-24-20, 08:26 AM

Originally posted by cornmeal

I cant figure IDEX out-everybody is aware news coming tomorrow.
Is it priced in already because it has moved so much last 2 weeks, any thoughts guys?

I think you're late to this trade, you buy the rumor and sell the news.

cornmeal · 06-24-20, 08:37 AM

Originally posted by Slurry Pumper

I think you're late to this trade, you buy the rumor and sell the news.

I bought last week at $1.98- was more wondering everyone's opinion because it has a lot of attention this week about tomorrow, but dropping.

navyblue81 · 06-24-20, 09:00 AM

Today’s the kind of day where you don’t even check the markets until 3:30. It’s blood red everywhere. Even Shopify, AAPL and TTD are down and they’re never down. I haven’t had a down day with TTD since i bought it two weeks ago. Same with AAPL. The virus scare is in full effect.

navyblue81 · 06-24-20, 09:06 AM

AAL at $13. Wow. The airline industry is tanking again and getting closer to its lows from March. Just crazy.

Goat Milk · 06-24-20, 09:10 AM

Already down over 100 bucks on my day trading experiment? Might call it quits lmao

Goat Milk · 06-24-20, 09:11 AM

Originally posted by navyblue81

AAL at $13. Wow. The airline industry is tanking again and getting closer to its lows from March. Just crazy.

Bro I said this before, there's hardly anyone flying, plus the fact that planes are only 60% capacity, plus the billions of dollars of debt per airline, prices dont' even make sense as they are now. Stock market is really hard when you're going off just perception like it is now. I'm used to looking at numbers.

Slurry Pumper · 06-24-20, 09:11 AM

Don't worry the FED is backing up the truck full of benjamins just now so we'll see if the market will hold the support level here right around 307 on the SPY. Gold stocks are holding up so take a look at the AU, AUY, GLD, and GDX for a long term trade for most of you guys here of about a week or 2.

navyblue81 · 06-24-20, 09:19 AM

Originally posted by Goat Milk

Bro I said this before, there's hardly anyone flying, plus the fact that planes are only 60% capacity, plus the billions of dollars of debt per airline, prices dont' even make sense as they are now. Stock market is really hard when you're going off just perception like it is now. I'm used to looking at numbers.

Yup. This second wave seems to be getting worse especially in areas like Florida and California where people want to fly to. NY is better but people still afraid to go there right now.

Still a believer in tech stocks and electric car stocks right now. I think they have the most upside moving forward. It’s why I’m
still high on IDEX, FSLY and SHLL and have TTD and AAPL long-term. Pharma stocks too much a gamble. Too much volatility. Only pharma stock I’m keeping my eye on is MRNA bc they could explode if they are the vaccine winner. At $63, it will go over $200 in the fall if it’s chosen.

trobin31 · 06-24-20, 09:24 AM

I came across what I feel is an ETF that could outperform market +10 years for anyone interested in long-term investing.

ARK Innovative ETF; ARKK

Actively managed ETF with 85% of investments focused on disruptive technology

To give you some idea, it’s largest holding is Tesla, as well as numerous stocks solely focused on innovative and secular trends in fintech, Gene editing, cloud software etc, basically captures all of the new frontier.

Current list of holdings:

Error - ARK Funds

https://ark-funds.com/wp-content/fundsiteliterature/holdings/ARK_INNOVATION_ETF_ARKK_HOLDINGS.pdf

I think this is definitely one to add to the portfolio if you are a believer in secular trends as I am.

I keep half my portfolio in these ETFs and the rest in individual equities.

QQQ, SPY, CLOU, XSW, MTUM, BETZ and now ARKK