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Misc Stock Market

KyloG said:
MVIS chart looks fine...even with the offering. If it hits $5 I may buy some shares. PM is at $6 and the 21dema is $4.75. I think this may drop to $5 but I would expect a bounce from there. Although, anything EV related right now is showing strength.

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Lot of time left in the day of course but nice little bounce right now, you might not get that $5 chance lol. I added a few at 5.95 PM.
 
Sold BOIL for a nice 15% pop.

This morning I'm getting in RLFTF at .30. It's OTC Covid play. Data at the end of January. Just looking for 20-25% here. Bounced the last 2 times it got this low back to .40+
 
Broken024 said:
I like TOS
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For me it kind of depends, if I'm working on mobile I like TOS/TD. I have schwab, RH, TOS and we bull that I'm currently trading in. I have been tracking a bit more lately when I set my orders how close one way or another they get filled and what brokers do the best for me and so far its been schwab/TD doing better and robinhood consistently doing a bit worse.
 
Storm5 said:
What’s everyone’s favorite trading platform . I can’t decide if I like Webull or thinkorswim better . Been using both for a while


Sent from my iPhone using Tapatalk
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I have Wells Fargo, Fidelity and TOS. TOS by far my favorite.
 
Rain Cold said:
It will probably settle back to the $2-4 range. Just get ready to average down!
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I would think a bounce comes at the 21dema next week or two. Chart is still bullish, just needed to rest. Plus, people taking profits for tax reasons...McConnell really screwed the Republicans in GA runoff. If the Democrats sweep they gain control and taxes will go up. That could make things really rocky early next week. Although, if Democrats win the EV names may run as that would help spur that industry.

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Broken024 said:
You guys should sell covered calls against your mvis shares. You can sell the 8$ strike price in February for $100.
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One day I'm going to make a point to learn options trading but I don't understand it nearly enough to venture an attempt now.
 
metwannabe said:
One day I'm going to make a point to learn options trading but I don't understand it nearly enough to venture an attempt now.
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Selling covered calls is pretty straight forward. You basically sell a contract to someone for the right to buy your 100 shares of x stock at x price. For MVIS right now (as of earlier this morning) you could sell a contract to someone to buy 100 shares of MVIS from you at $8/share by February 19 2021. For this right, they pay you ~$100 as a fee which you keep no matter what. If on 2/19 MVIS is trading below $8/share the contract will expire out of the money and you keep your 100 shares and the $100 fee. If it is over $8/share it will get exercised and you are forced to sell your 100 shares at $8/share no matter what it is trading for (you still keep the $100 fee). Kind of like "free" money :) - you still run a risk of the stock going down, but this hedges somewhat with the fee. There is also missed opportunity cost if the stock soars above $8/share, but you still keep whatever profit you made on the run up to $8.
 
Rain Cold said:
It will probably settle back to the $2-4 range. Just get ready to average down!
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I am very skeptical it ever gets back to that range (anything could happen of course that may cause that but would have to be a serious unexpected fiasco of some sort jmho). Honestly I think there was some MMs that wanted this price closer to billion dollar valuation, it shot passed that due to thousands of retail investors chasing a hot stock and pushing it higher. Now I fully expect it will barcode either side of $6 and then as EV & LiDAR continues to heat up it should rebound nicely. Could still pop anytime after first of year with partial acquisition or BO news. I did find it interesting that IR with MVIS made a point to contact all of the big dawg investors (those that are always in on the fireside chats) immediately following the ATM news the other day, basically to reaffirm the fact that they are funded, they are on track with negotiations and hold on for better days. I feel really good about it personally but I'm an investor not a swing trader with this one.
 
metwannabe said:
I am very skeptical it ever gets back to that range (anything could happen of course that may cause that but would have to be a serious unexpected fiasco of some sort jmho). Honestly I think there was some MMs that wanted this price closer to billion dollar valuation, it shot passed that due to thousands of retail investors chasing a hot stock and pushing it higher. Now I fully expect it will barcode either side of $6 and then as EV & LiDAR continues to heat up it should rebound nicely. Could still pop anytime after first of year with partial acquisition or BO news. I did find it interesting that IR with MVIS made a point to contact all of the big dawg investors (those that are always in on the fireside chats) immediately following the ATM news the other day, basically to reaffirm the fact that they are funded, they are on track with negotiations and hold on for better days. I feel really good about it personally but I'm an investor not a swing trader with this one.
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Kind of changing your tune....first you thought this was an imminent thing....now saying you are an investor...meaning you think it’s going to be a lot longer....??
 
DadOfJax said:
Kind of changing your tune....first you thought this was an imminent thing....now saying you are an investor...meaning you think it’s going to be a lot longer....??
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Never changed my tune, I've been in investor from day one, only a few swing trades here and there to increase my position. It could still be imminent, I really don't know but what I'm not doing is trying to pin a date down nor do I worry about the volatility/daily price drops because I'm confident in what the end game will be. That's just me, I'm comfortable with my risk level
 
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