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Misc Stock Market

I'm about to set an order for 200 shares of OPES (BurgerFi SPAC). If you were to see a dip, I'll be in.

I suppose 2020 is SPACs fever, but there is legitimacy with this one (also is with CCH).

Edit: Now I'm in at $13.25. Gonna see where this goes.
 
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Check out MDLY..watched it for months now. Got crushed this morning and dipped back to
.60... was trading above $3 before the pandemic. EXTREMELY low float. I dipped my toe in with 1,000 shares. I will sell it all on a high volume day. Still down nearly 20% on the day. I didn’t do much DD but the chart was screaming “buy me dumba**”

Edit: just blinked and looked back at my phone and I’m already up 15%. lol you got to love those low floaters
 
Fed just said that they expect interest rates to remain near 0 until 2022 and that they're going to continue bond purchases.

Welp haha. Looks like in October (or sometime later) I might be pulling some more of the other half in my inheritance and transferring it to TDA (or Charles Schwab? I'm not sure when that merge will be completed). It sure was great that I was able to probably snap up one of the last decent interest rate CDs at 2.5% last year.
 
I took it in the rear today. Portfolio down 18%, but I knew my time was coming after a fire 3 days, but all of that’s about erased after today. Today was by far my worst day since I started. New day tomorrow!
 
BXRX just does nothing for weeks on end. I need some PR. Management has been a total let down as of late. I mean they could have sneezed on it during those bright green market days and it would have brought their value to a reasonable level. If I were CEO of a company, I would be giving retail investors the PR they deserve at least on a monthly basis. It isn’t that hard. Why wouldn’t they want to pump their stocks up a bit? I don’t understand it
 
Parker said:
I took it in the rear today. Portfolio down 18%, but I knew my time was coming after a fire 3 days, but all of that’s about erased after today. Today was by far my worst day since I started. New day tomorrow!
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IZEA is exploding after hours, up over $2.50 a share! I think you said you got it at $2.05? Should be profitable for you, big day tomorrow imo!
 
snowlover91 said:
IZEA is exploding after hours, up over $2.50 a share! I think you said you got it at $2.05? Should be profitable for you, big day tomorrow imo!
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yes! It is going nuts and actually got me to down 15% for the day! I have 5 positions and it is the only one up. Lots of buzz with the investor call for next week and announcement on Friday. I wonder how far this could go? What do you think? I’d love $3.50-$4
 
Let me also add that listening to J Pow speak was such a drag. Maybe because of his voice being so monotone but because the outlook was also bearish. All I really needed to see was the things that they were going to do. So, I ended up wasting about 25+ minutes of my time.

I really need sports back. When it gets back I can likely cut my CNBC watching down.

Definitely grateful they're doing what they have been doing. It's been made fun of a lot but with the bigger picture, had they not stepped in when they did, there would've been quite a bit more hurt, that's not to say that there still hasn't been hurt with more likely coming.
 
Anybody still have BRQS? decent day still waiting on the big jump I've held it for a while now.
 
Parker said:
yes! It is going nuts and actually got me to down 15% for the day! I have 5 positions and it is the only one up. Lots of buzz with the investor call for next week and announcement on Friday. I wonder how far this could go? What do you think? I’d love $3.50-$4
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I would look to take profits tomorrow or Friday, at some point people are going to dump it to take profits. It has run from the .60 range to $2.50 right now. If you really want to take a big risk you could wait until Friday when they PR the big news, a lot of people think it’ll go down because the news might not be what people expect or people take profits (buy the rumor and sell the news mentality) but it also could run really hard if the news is as expected (or better). It’s not a stock I would hold long term, I would be looking to take profit either tomorrow or Friday depending on how risky you want to be with it!
 
I am watching CLHI closely btw. It has huge potential if the merger goes through and is dirt cheap right now. Might buy in Thursday or Friday if it hits my price point.
 
I'm reading Jimmy Hypocrisy's frustration with BXRX, and I truly feel his pain cause I've been incrementally buying this stock as it has gone down to 3.9 to 4. However, I've stopped focusing all my capital on a few stocks, so I've sold some of those shares at 4.12-4.20. Instead, I've been spreading my money around to a bunch of different stocks penny/one-dollar stocks, and it's been allowing me to make profit $100 to $300 profits on days where my more expensive investments and the entire market are down. If I could go back in time, I'd have allocated 10 grand of my savings to buying every penny stock that has a price history of being over a dollar or has some legitimate company with a drug/technology behind it. I've been doing it every day, especially when these stocks have not been pumped, or I expect to get a bounce after a down day or two. There's just too much potential for these stocks to blow up over 100%. Then you get an opportunity to flip the stock after it goes back down, and you'll have better insight into the areas of support and resistance.

Anyway, this morning and early afternoon I bought CHFS at .42, and started a position in FET. AHs I increased my position in ZOM and SHIP. I like RGLS and NAKD for tomorrow morning when my funds clear. Also looking at HTGM.
 
Tornadocane said:
I'm reading Jimmy Hypocrisy's frustration with BXRX, and I truly feel his pain cause I've been incrementally buying this stock as it has gone down to 3.9 to 4. However, I've stopped focusing all my capital on a few stocks, so I've sold some of those shares at 4.12-4.20. Instead, I've been spreading my money around to a bunch of different stocks penny/one-dollar stocks, and it's been allowing me to make profit $100 to $300 profits on days where my more expensive investments and the entire market are down. If I could go back in time, I'd have allocated 10 grand of my savings to buying every penny stock that has a price history of being over a dollar or has some legitimate company with a drug/technology behind it. I've been doing it every day, especially when these stocks have not been pumped, or I expect to get a bounce after a down day or two. There's just too much potential for these stocks to blow up over 100%. Then you get an opportunity to flip the stock after it goes back down, and you'll have better insight into the areas of support and resistance.

Anyway, this morning and early afternoon I bought CHFS at .42, and started a position in FET. AHs I increased my position in ZOM and SHIP. I like RGLS and NAKD for tomorrow morning when my funds clear. Also looking at HTGM.
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I like ZOM. Should have grabbed at .16 after the offering last week. I love buying after offering dumps. Always easy money. Unless they hit you with back to back offerings then reverse split news. Then you’re fu***ed.
 
Jimmy Hypocracy said:
I like ZOM. Should have grabbed at .16 after the offering last week. I love buying after offering dumps. Always easy money. Unless they hit you with back to back offerings then reverse split news. Then you’re fu***ed.
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Yes. Whenever I hear about an offering, I start buying when the stock drops. For instance, DGLX did an offering, and people ran for the doors. But If you're able to raise money in this environment especially in the retail business like DGLX, I don't know how you don't see it as bullish move.

However, I've played some stocks with news or implementation of reverse splits when there's some information supporting them. Like MVIS and BIOC. Both said they would a reverse split in July, but they have good information and products behind them . MVIS has been planning a BO, and BIOC has got news COVID press releases coming out. The former just went up to 1.35 the other day (40% profit for me).
 
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