why do you keep adding to gan? i still don't see why that stock is even worth 10... even if they ramp up sales to 80 million (big if), the stock would still be trading at 6 times sales! and a p/e of 80
Originally posted by Madison
Dipped my toes in here, just on forum consensus. Having major doubts as well.
my feeling is they are the leader in saas and platform development for brick and mortar casinos to go online. If you think casinos aren’t gonna look to get online or globally a push for legal gaming isn’t a thing then I can see how you feel it’s overvalued. If you think more and more states will have legalized gambling and brick and mortar casinos who just lost their face the past several months will hedge against another shutdown by getting these type of software services once they have enough capital then I wouldn’t worry about the short term and get in now. Unless something fundamentally changes about their business...which as far as I know it hasn’t...then I don’t care if it goes to $10 in the short term....you either believe in something or you don’t, if you haven’t spent hours researching, reading product reviews and conference calls then you probably deserve to lose your money.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7317
Took some profit in WKHS, still in 3/4 my position.
closed on profit KingsofCloud and Billibilli
Bought FB @251
Comment
Slurry Pumper
SBR MVP
06-18-18
2811
#7318
Loaded up on SDS all day today and a little from yesterday:
Also road PLAY for at least 5 trades today ( both long and short) around the horn for some nice gains while that stock tanked.
Comment
Bostongambler
BARRELED IN @ SBR!
02-01-08
35581
#7319
Looking for VXRT to bounce. They will have vaccine in pill form.
Comment
KVB
SBR Aristocracy
05-29-14
74817
#7320
Originally posted by Bostongambler
Looking for VXRT to bounce. They will have vaccine in pill form.
I saw that.
Interesting.
Comment
milwaukee mike
BARRELED IN @ SBR!
08-22-07
26914
#7321
Originally posted by trobin31
my feeling is they are the leader in saas and platform development for brick and mortar casinos to go online. If you think casinos aren’t gonna look to get online or globally a push for legal gaming isn’t a thing then I can see how you feel it’s overvalued. If you think more and more states will have legalized gambling and brick and mortar casinos who just lost their face the past several months will hedge against another shutdown by getting these type of software services once they have enough capital then I wouldn’t worry about the short term and get in now. Unless something fundamentally changes about their business...which as far as I know it hasn’t...then I don’t care if it goes to $10 in the short term....you either believe in something or you don’t, if you haven’t spent hours researching, reading product reviews and conference calls then you probably deserve to lose your money.
to use a gambling term this stock is "dead on the board"
we'll agree to disagree... i'm more of a numbers guy so i don't care about pipe dreams and huge revenue jumps if it will never hit the bottom line
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7322
Ugly and could get a lot uglier this afternoon. Another 5%+ drop next week too. Unwind in progress.
Comment
ex50warrior
SBR MVP
10-10-09
3823
#7323
Originally posted by d2bets
Ugly and could get a lot uglier this afternoon. Another 5%+ drop next week too. Unwind in progress.
Sure hope you're right. Sold some put options today for pretty decent premium but still have cash laying around that I'd love to put to work at lower prices. Marker seldom cooperates with me though. Good luck.
Comment
teecee
SBR Hall of Famer
09-18-09
6298
#7324
Thanks trobin, for PACB.
Someone else mentioned TRVN. Thank you, as well.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7325
Originally posted by teecee
Thanks trobin, for PACB.
Someone else mentioned TRVN. Thank you, as well.
Awww...warms the heart. Hope it turns out well.
nice week, WKHS for the win. draftkings for the win. GAN is going backwards, and going backwards but I think we find the bottom. I appreciate others thoughts on GAN but I am comfortable with my dd and see at least a billion market cap as more casinos announce partnerships and gaming legalization.
No sells today.
added to long positions:
Lemonade @51
MSFT @198
AT&T @28.8
DOCU @190
very small entry on IPOB@14.75, this is honestly just to watch as I have much more studying to do here before deciding if it’s worth a risk. Anyone with real estate experience opinions on this one?
Comment
milwaukee mike
BARRELED IN @ SBR!
08-22-07
26914
#7326
good timing on lmnd there
ipob is #2 spac (ipoa was virgin atlantic)... they have everything through ipoz reserved
so many of these spacs trade way too low for a while, like fmci, wkhs, shll
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7327
Originally posted by milwaukee mike
good timing on lmnd there
ipob is #2 spac (ipoa was virgin atlantic)... they have everything through ipoz reserved
so many of these spacs trade way too low for a while, like fmci, wkhs, shll
Spacs have been great as long as you get in early. I got In SHLL at 15 and sold like a clown too soon, I am staying on workhorse until the big news or just considering holding a long position. I’ve been avoiding these food companies like tattoed chef. I did get in on NFIN which is supposedly merging with Tritteras and it’s been laying low without and movement and they may not get Kratos along with the deal so just sitting back. I think the prospects for Opendoor are great and it’s super early. I read more reviews in places like Texas and Florida and it’s yoy customer growth and revenue is telling me it could work especially in these places where home ownership and property value is increasing.
Comment
Slurry Pumper
SBR MVP
06-18-18
2811
#7328
OK that was an exciting week that just passed in the markets and with the death of a supreme court justice will only add to the tensions felt in the country over the upcoming election. This will probably manifest itself in a jittery volatile market for the future.
The markets are in the middle of a normal correction that I believe will eventually settle in a range for the S&P of 323-325. The NASDAQ will end up at around 10500 in my opinion, then we can get back to the march up the hill. So basically another week or so of pulling back, or maybe a big 1 day drop on Monday to scare the shyt out of everyone. Either way I don't see the markets dropping much beyond those stated levels.
Lets see how my portfolio is doing.
AU: AngloGold Ashanti
This is the slacker of the gold mining stocks for some reason. This stock seems the most susceptible to the overall market sentiment while the other gold stocks more closely match the price of gold. I know that I originally put a higher stop loss price target into the chart and now I didn't pull the trigger on that price when it was reached. This is an on going problem for me and I need to get over it in the long run. In the short run however, I'm prepared to take some more pain until this equity gets down to 26.50.
TOTALS ALL STOCKS
2020
64,071.90
-2,601.60
524.22
-1,183.67
MONTH
SEP
IN
48,206.15
ALLOWED
-2,254.75
GAIN SO
-182.93
TOTAL
584.42
TOTALS PER STOCK
AU
PLAY
2,801.00
LOSS
-151.00
FAR
-84.00
GAIN
1,763.98
MONTH
SEP
2,801.00
-151.00
-84.00
83.48
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
09/02/20
11.27.15
AU
300
28.01
2,801.00
26.50
-151.00
-5.39%
27.17
-84.00
85
28.51
42.50
1.79%
115
28.57
64.40
2.00%
BTW I think that I have fixed the alignment issue with the top header of the chart so we'll see if it works when I submit this reply.
CCL: Carnival Corporation
This is another day trade gone bad for me. I need to stop with the morning wake and bake because it is affecting my ability to enter into my auto-trading protocols. So since I effectively didn't sell CCL when I wanted to, the stock dropped to a point where I think I actually would like to hold onto it for a month or 2 to see if the vaccine news has a positive outcome. As it is now I think they have a tug boat and maybe a young goth death cruise that are operating. They report next week and the numbers will be abysmal. I day traded it on Friday and actually increased my position and will day trade it on Monday or as long as I need to until there is a relief rally in the market. So the plan is to not lose too much cash while increasing my share count as the equity drops like a rock for the next couple of months when a vaccine comes out. Everyone got that. This one can get wild in the future.
TOTALS ALL STOCKS
2020
64,071.90
-2,601.60
524.22
-1,183.67
MONTH
SEP
IN
48,206.15
ALLOWED
-2,254.75
GAIN SO
-182.93
TOTAL
584.42
TOTALS PER STOCK
CCL
PLAY
14,218.10
LOSS
-193.10
FAR
96.75
GAIN
-605.70
MONTH
SEP
14,218.10
-193.10
96.75
-605.70
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
09/15/20
09.36.22
CCL
335
16.71
335
15.25
-489.10
-8.74%
-489.10
-8.74%
09/18/20
10.22.13
CCL
100
15.80
100
15.25
-55.00
-3.48%
-55.00
-3.48%
09/18/20
10.38.16
CCL
100
15.64
35
15.29
-12.25
-2.24%
-37.60
-2.40%
65
15.25
-25.35
-2.49%
09/18/20
11.20.54
CCL
200
15.41
200
15.29
-24.00
-0.78%
-24.00
-0.78%
09/18/20
13.00.47
CCL
500
15.26
3,586.10
15.00
-61.10
-1.70%
15.31
11.75
265
15.29
7.95
0.20%
09/18/20
13.32.51
CCL
500
15.14
7,570.00
15.00
-70.00
-0.92%
15.31
85.00
09/18/20
15.59.55
CCL
200
15.31
3,062.00
15.00
-62.00
-2.02%
15.31
0.00
CHEF: Chef's Warehouse Inc
This one worked out for a while and yesterday it hit the stop loss price so I'm out. After the overall market pullback is over, I'm gonna look at this one to see where it is at. Good choice from the 'ole lady. The more attentive viewers may see that the overall gain listed in each chart header in the top line is different, and that is because I didn't update the overall spreadsheet until I looked at this stock.
TOTALS ALL STOCKS
2020
64,071.90
-2,820.60
244.22
-964.67
MONTH
SEP
IN
48,206.15
ALLOWED
-2,254.75
GAIN SO
-182.93
TOTAL
584.42
TOTALS PER STOCK
CHEF
PLAY
1,480.00
LOSS
0.00
FAR
0.00
GAIN
435.00
MONTH
SEP
0.00
0.00
0.00
0.00
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
08/31/20
14.04.38
CHEF
100
14.80
1,480.00
100
16.99
219.00
14.80%
219.00
14.80%
GDX: VanEck Vectors ETF Trust Gold Miners
Not much happening on the gold front aside from gold's price range moving to a smaller range from about 1940 to 2000 from 1900 to 2000. I keep holding and I'll buy more going forward especially in these uncertain times or until the end of the year at least.
TOTALS ALL STOCKS
2020
64,071.90
-2,820.60
244.22
-964.67
MONTH
SEP
IN
48,206.15
ALLOWED
-2,254.75
GAIN SO
-182.93
TOTAL
584.42
TOTALS PER STOCK
GDX
PLAY
4,042.25
LOSS
-341.25
FAR
93.75
GAIN
1,733.20
MONTH
SEP
1,995.50
-145.00
72.50
0.00
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
08/10/20
14.23.05
GDX
25
42.62
1,065.50
37.01
-140.25
-13.16%
41.36
-31.50
08/11/20
13.17.50
GDX
25
39.25
981.25
37.01
-56.00
-5.71%
41.36
52.75
09/04/20
10.29.46
GDX
50
39.91
1,995.50
37.01
-145.00
-7.27%
41.36
72.50
GLD: SPDR Gold Trust ETF
Still hanging onto all things gold and will continue to buy the dips when they happen.
TOTALS ALL STOCKS
2020
64,071.90
-2,820.60
244.22
-964.67
MONTH
SEP
IN
48,206.15
ALLOWED
-2,254.75
GAIN SO
-182.93
TOTAL
584.42
TOTALS PER STOCK
GLD
PLAY
14,522.10
LOSS
-841.30
FAR
133.90
GAIN
1,172.13
MONTH
SEP
3,605.40
-185.20
58.60
0.00
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
08/11/20
9.30.02
GLD
30
183.54
5,506.20
171.01
-375.90
-6.83%
183.20
-10.20
08/25/20
10.00.44
GLD
30
180.35
5,410.50
171.01
-280.20
-5.18%
183.20
85.50
09/04/20
10.44.02
GLD
20
180.27
3,605.40
171.01
-185.20
-5.14%
183.20
58.60
LL: Lumber Liquidators Inc
I hardly even remember owning this stock. A quick loss of a tank of gas with this short. The hurricanes hit and lumber is in short supply again so the stock got a reprieve. I'll look into another short under $19.68 next week.
TOTALS ALL STOCKS
2020
62,617.85
-2,768.60
239.67
-964.67
MONTH
SEP
IN
46,752.10
ALLOWED
-2,202.75
GAIN SO
-187.48
TOTAL
584.42
TOTALS PER STOCK
LL
PLAY
0.00
LOSS
0.00
FAR
0.00
GAIN
-54.60
MONTH
SEP
0.00
0.00
0.00
-54.60
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
09/10/20
10.35.22
LL
-65
22.37
65
23.21
-54.60
-3.76%
-54.60
-3.76%
NKLA: Nikola Corporation
This is my day trading mistake from last weekend, and as the chart shows my gamble paid off with some nice profits.
TOTALS ALL STOCKS
2020
47,209.65
-1,698.00
739.55
-964.67
MONTH
SEP
IN
31,343.90
ALLOWED
-1,132.15
GAIN SO
312.40
TOTAL
584.42
TOTALS PER STOCK
NKLA
PLAY
0.00
LOSS
0.00
FAR
0.00
GAIN
1,161.24
MONTH
SEP
0.00
0.00
0.00
1,161.24
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
09/11/20
9.30.05
NKLA
150
35.56
150
35.71
22.50
0.42%
22.50
0.42%
09/11/20
10.23.12
NKLA
164
32.80
164
35.71
477.24
8.87%
477.24
8.87%
09/11/20
15.21.31
NKLA
150
31.30
150
35.71
661.50
14.09%
661.50
14.09%
SDS: ProShares Trust UltraShort ETF
I picked up a few of these shares starting Wednesday, continued to collect them on Thursday and Friday, and now next week I expect the SPY to drop down to the 323 - 325 level before the selling stops. I'm wrong when the SPY gets above 342.50, give or take.
TOTALS ALL STOCKS
2020
47,209.65
-1,698.00
739.55
-964.67
MONTH
SEP
IN
31,343.90
ALLOWED
-1,132.15
GAIN SO
312.40
TOTAL
584.42
TOTALS PER STOCK
SDS
PLAY
7,316.75
LOSS
-472.25
FAR
85.75
GAIN
0.00
MONTH
SEP
7,316.75
-472.25
85.75
0.00
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
09/16/20
11.39.05
SDS
25
15.49
387.25
15.21
-7.00
-1.81%
16.45
24.00
09/17/20
15.25.44
SDS
100
16.28
1,628.00
15.21
-107.00
-6.57%
16.45
17.00
09/17/20
15.44.49
SDS
50
16.14
807.00
15.21
-46.50
-5.76%
16.45
15.50
09/17/20
15.58.26
SDS
75
16.10
1,207.50
15.21
-66.75
-5.53%
16.45
26.25
09/18/20
14.37.52
SDS
100
16.48
1,648.00
15.21
-127.00
-7.71%
16.45
-3.00
09/18/20
15.50.08
SDS
100
16.39
1,639.00
15.21
-118.00
-7.20%
16.45
6.00
SCANNER STOCKS:
OK time for the scanner stocks, first the scanner rules of entry and exit:
To review the criteria for a scanner stock is:
Entry 1. Stock price close (Friday) is between $10 and $1002. Volume (Everyday) must be at least 1,000,000 shares a day traded3. The closing price of the stock (Thursday) must be 0.1% above the 200 day simple moving average4. The closing price of the stock (Thursday) must be 0.1% above the 9 day simple moving average5. The day's open (Friday) must be 0.1% above the 9 day simple moving average6. The price from Thursday must cross above the 9 day simple moving average7. The 9 day simple moving average on Friday's close must be above the 9 day simple moving average close from Thursday8. The 9 day simple moving average on Thursday's close must be above the 9 day simple moving average close from Wednesday9. The average 9 day simple moving average to price ratio must be greater than 0.5% while removing from scrutiny from any closing price with upward movement greater than 5% and disqualifying stock if a 5% downward movement is detected at the close of the day. Further the 9 day simple moving average to price ratio is weighted as 3 separate 3 day simple moving averages as 16.6%, 33.3%, 50%. Any removal of a closing price extends the 9 day period back another day to meet the requirements of 9 closing prices for the formula10. The MACD difference from Friday must be greater than the MACD difference from Thursday11. The MACD difference (fast length of 12, slow length of 26, with an average type of simple) must be lower than .25
Exit 1. The stock needs to close below the 9 DMA. 2. The day after the close below the 9 DMA the stock will then need to fail to get back above the 9 DMA.
If this happens, it gets sold before the close.
or
1. The price needs to dip below the 20 DMA, at this point it get sold immediately.
DKS: Dicks Sporting Goods Inc.
This scanner stock just keeps on going so we'll ride the ride.
TOTALS ALL STOCKS
2020
47,209.65
-1,698.00
739.55
-964.67
MONTH
SEP
IN
31,343.90
ALLOWED
-1,132.15
GAIN SO
312.40
TOTAL
584.42
TOTALS PER STOCK
DKS
PLAY
1,422.30
LOSS
286.50
FAR
330.60
GAIN
0.00
MONTH
SEP
0.00
0.00
0.00
0.00
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
08/24/20
15.22.09
DKS
30
47.41
1,422.30
56.96
286.50
20.14%
58.43
330.60
NUAN: Nuance Communications Inc
This one was bought Monday morning and has made it until the end of the week in tact.
TOTALS ALL STOCKS
2020
47,209.65
-1,698.00
739.55
-964.67
MONTH
SEP
IN
31,343.90
ALLOWED
-1,132.15
GAIN SO
312.40
TOTAL
584.42
TOTALS PER STOCK
NUAN
PLAY
1,407.15
LOSS
14.40
FAR
82.80
GAIN
0.00
MONTH
SEP
1,407.15
14.40
82.80
0.00
STOCKS
DATE
TIME
STOCK
TICKER
SHARES
BEGIN
BUY/SELL
PRICE
TOTAL
IN PLAY
SET
STOP LOSS
PRICE
ALLOWABLE
LOSS TOTAL
ALLOW
LOSS
% TOTAL
TODAY'S
CLOSE/END
PRICE
GAIN/LOSS
SO FAR
END
SHARES
END
BUY/SELL
PRICE
END
GAIN/LOSS
END
%
GAIN/LOSS
TOTAL
GAIN/LOSS
TOTAL
%
GAIN/LOSS
PARTIAL 1
SHARES
PARTIAL 1
BUY/SELL
PRICE
PARTIAL 1
GAIN/LOSS
PARTIAL 1
%
GAIN/LOSS
PARTIAL 2
SHARES
PARTIAL 2
BUY/SELL
PRICE
PARTIAL 2
GAIN/LOSS
PARTIAL 2
%
GAIN/LOSS
PARTIAL 3
SHARES
PARTIAL 3
BUY/SELL
PRICE
PARTIAL 3
GAIN/LOSS
PARTIAL 3
%
GAIN/LOSS
09/14/20
11.41.13
NUAN
45
31.27
1,407.15
31.59
14.40
1.02%
33.11
82.80
Believe it or not, even though the overall market is down at the end of the week, the scanner spit out another can'tidate to be looked at.
SCHN: Schnitzer Steel
Come Monday if this one can maintain above the 9 DMA, I'll get in for 70 shares. The number of shares is derived by a number divisible by 5 with the total investment amount being under $1500.
Comment
Snowball
BARRELED IN @ SBR!
11-15-09
30064
#7329
Gold and Silver Miners are where I'm parking the car during the stimulus and scotus problems.
Earnings will be higher for them this Q. Plan to hold calls for about a month before reval.
Comment
Madison
SBR Hall of Famer
09-16-11
6474
#7330
Originally posted by trobin31
my feeling is they are the leader in saas and platform development for brick and mortar casinos to go online. If you think casinos aren’t gonna look to get online or globally a push for legal gaming isn’t a thing then I can see how you feel it’s overvalued. If you think more and more states will have legalized gambling and brick and mortar casinos who just lost their face the past several months will hedge against another shutdown by getting these type of software services once they have enough capital then I wouldn’t worry about the short term and get in now. Unless something fundamentally changes about their business...which as far as I know it hasn’t...then I don’t care if it goes to $10 in the short term....you either believe in something or you don’t, if you haven’t spent hours researching, reading product reviews and conference calls then you probably deserve to lose your money.
Thanks for your time to reply.
Comment
KVB
SBR Aristocracy
05-29-14
74817
#7331
Originally posted by Snowball
Gold and Silver Miners are where I'm parking the car during the stimulus and scotus problems.
Earnings will be higher for them this Q. Plan to hold calls for about a month before reval.
smart move but if I may ask about your calls time frame.
reval?
I like the plan and have really held mine too.
Comment
Goat Milk
BARRELED IN @ SBR!
03-24-10
25850
#7332
Originally posted by Bostongambler
Looking for VXRT to bounce. They will have vaccine in pill form.
They're in phase 1. And it's a vaccine pill. Not sure how you can say with certainty they're gonna have it.
Cause Sleep is the Cousin of Death
Comment
Iona
SBR MVP
01-08-10
4244
#7333
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7334
Originally posted by trobin31
Took some profit in WKHS, still in 3/4 my position.
closed on profit KingsofCloud and Billibilli
Bought FB @251
I sold 65 units at 303. Plan on buying when it hits 150.
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7335
Originally posted by Goat Milk
They're in phase 1. And it's a vaccine pill. Not sure how you can say with certainty they're gonna have it.
He is wishing and praying.We have been thru 3 companies that made a jump and toppled.
Comment
DMB40
SBR MVP
04-04-09
1258
#7336
Lxrp
deal with altria & british american tobacco
lots of news expected before year end
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7337
Tesla predictions? I’ll go first 550
fyi, keep a close eye on political landscape this week. If they push forward with nominating a judge two things come to mind...the protesting/rioting in June/July could look like candlelight vigils compared to what may happen...like full on Boshelvik revolution shyt. Also...wld indicate they know the outcome of upcoming elections will not be favorable for gop. Next, This is last chance to pump up markets and print more money, calling it now...SPY 4K, QQQ 13k. Lastly, could be a backdoor deal for these crooked senators to negotiate a +2-3 trillion dollar deal in exchange for the judge seat...should be interesting.
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7338
Originally posted by trobin31
Tesla predictions? I’ll go first 550
fyi, keep a close eye on political landscape this week. If they push forward with nominating a judge two things come to mind...the protesting/rioting in June/July could look like candlelight vigils compared to what may happen...like full on Boshelvik revolution shyt. Also...wld indicate they know the outcome of upcoming elections will not be favorable for gop. Next, This is last chance to pump up markets and print more money, calling it now...SPY 4K, QQQ 13k. Lastly, could be a backdoor deal for these crooked senators to negotiate a +2-3 trillion dollar deal in exchange for the judge seat...should be interesting.
When? Before the election?? I think you're out of your mind. Better chance we approach the old lows.
And I also don't think a deal before the election now has any shot at all. Maybe lame duck after Trump loses, but then he may have no interest.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7339
Originally posted by d2bets
When? Before the election?? I think you're out of your mind. Better chance we approach the old lows.
And I also don't think a deal before the election now has any shot at all. Maybe lame duck after Trump loses, but then he may have no interest.
So you think...with Trumps campaign coffers being barren...he will not basically use our tax dollars to prop up the Market and hence illusions of good economy...? C’mon man...to me this is just common sense..but maybe you are right..maybe I’m crazy...I say do a lot of buying now while prices are low because stimulus...corporate, mortgage securities eaten up...all of it will see backing from the Fed...let inflation reign baby...
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7340
Originally posted by trobin31
So you think...with Trumps campaign coffers being barren...he will not basically use our tax dollars to prop up the Market and hence illusions of good economy...? C’mon man...to me this is just common sense..but maybe you are right..maybe I’m crazy...I say do a lot of buying now while prices are low because stimulus...corporate, mortgage securities eaten up...all of it will see backing from the Fed...let inflation reign baby...
Buy in late November or December after Biden and the dems win. Market is going to fall before and into that, then buy. Dems will pass their own huge stimulus next year and then good covid news too. There will be a buy point, but not now. Nov/December probably see 2800ish S&P.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7341
Originally posted by d2bets
Buy in late November or December after Biden and the dems win. Market is going to fall before and into that, then buy. Dems will pass their own huge stimulus next year and then good covid news too. There will be a buy point, but not now. Nov/December probably see 2800ish S&P.
I don’t disagree but I think there’s money to be made atm
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7342
Originally posted by trobin31
I don’t disagree but I think there’s money to be made atm
Of course there is always is. In this case, by shorting the market. There will be some up days, but the trend is down right now and likely for awhile. 3/24 to 9/2 was pretty much unabated upward frenzy. We're now less than 3 weeks into a major correction. I can see that going halfway the other way. 2,240 to 3,580; Halfway back is about 2,910.
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7343
Okay guys. I hadn’t taken a look at the covid numbers the past week but there is a very clear uptrend in the 3 and 7 day moving averages of cases. I think the market is winding up for a potential round of lockdowns and event cancellations in some states.
I am definitely sitting down and waiting, covid/stay at home stocks may be worth a look.
Comment
d2bets
BARRELED IN @ SBR!
08-10-05
39995
#7344
Originally posted by trobin31
Okay guys. I hadn’t taken a look at the covid numbers the past week but there is a very clear uptrend in the 3 and 7 day moving averages of cases. I think the market is winding up for a potential round of lockdowns and event cancellations in some states.
I am definitely sitting down and waiting, covid/stay at home stocks may be worth a look.
Yes, and it's definitely already happening in Europe and other areas. It's inevitable. And I can say firsthand I think people are really letting their guard down since it's been calm the last month or so. But people are going to be taking their gatherings indoors soon and it's going to spread. I'd be surprised if we don't start seeing the highest daily counts within 2-3 weeks, and then up from there. Remember we "locked down" mid-March threough April and then we had outdoor weather. We have not yet had covid combined with fall/winter.
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7345
Originally posted by d2bets
Of course there is always is. In this case, by shorting the market. There will be some up days, but the trend is down right now and likely for awhile. 3/24 to 9/2 was pretty much unabated upward frenzy. We're now less than 3 weeks into a major correction. I can see that going halfway the other way. 2,240 to 3,580; Halfway back is about 2,910.
Yes and every Bear who screamed "the sky is falling" and sat on the sidelines with their dikks in their hands will 98% never have a chance to gain entry points into incredible companies like they had in march and april and even into early May.
it's 98% chance too late for that. so my unsolicited advice to anyone who remains on the sideline with his dikk in his hand is to begin slowly building positions in companies he likes.
example: if you have set aside $10,000 for a stock/company you really like, buy $3100 of the stock right now. if it goes down 15% buy an equal number of shares as this first purchase. if 15% down again buy the same amount of shares. 15% down again? buy again.
do the math and these 4 separate orders equal approx $10,000 in total
just using simple math here.
moral of the story, get off the sidelines and start putting your money to work.
UNSOLICITED ADVICE AND ENTER AT YOUR OWN PERIL
I just opened a position in WORKDAY
Comment
trobin31
SBR Hall of Famer
01-09-14
9854
#7346
I also had a look at latest covid vaccine data. Looks like only 2 of the vaccines can be given around the same time as the influenza vaccine..Pfizer and Moderna...which I think will be critical given the timeframe they want to give oct-april. Most other ones are live vaccines or have interaction with Influenza so I am avoiding. I have started a small position in Pfizer today($35) and I think you guys already know I am invested in Moderna (anything below 62 is supported). I bought more at $58 recently.
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7347
Originally posted by trobin31
I also had a look at latest covid vaccine data. Looks like only 2 of the vaccines can be given around the same time as the influenza vaccine..Pfizer and Moderna...which I think will be critical given the timeframe they want to give oct-april. Most other ones are live vaccines or have interaction with Influenza so I am avoiding. I have started a small position in Pfizer today($35) and I think you guys already know I am invested in Moderna (anything below 62 is supported). I bought more at $58 recently.
TRob, the fam and I just took the Flu vaccine a few days ago to let it settle in the system (takes about two weeks i think) before things get really fun in OCT
Comment
homie1975
SBR Posting Legend
12-24-13
15452
#7348
AAPL down ~25% from its all time high.
GREAT TIME TO BUY if you have a time horizon of at least 1 Year Plus
preferably buy and HOLD that forever
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7349
Originally posted by trobin31
Okay guys. I hadn’t taken a look at the covid numbers the past week but there is a very clear uptrend in the 3 and 7 day moving averages of cases. I think the market is winding up for a potential round of lockdowns and event cancellations in some states.
I am definitely sitting down and waiting, covid/stay at home stocks may be worth a look.
sold out of aapl,fb,p&g, bmy and 70% of tsla.I have initial investment in cash waiting for the fall. I would love to get fb 170,p&g at 80 and aalp 175. Cool hands always wins the game.
Comment
chico2663
BARRELED IN @ SBR!
09-02-10
36915
#7350
Originally posted by homie1975
AAPL down ~25% from its all time high.
GREAT TIME TO BUY if you have a time horizon of at least 1 Year Plus
preferably buy and HOLD that forever
After shit hits the fan...I expect another 40% haircut.