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Misc Stock Market

No wonder FMCI is getting hammered past couple of days. Dang shorts...you have to cover eventually!

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Jimmy Hypocracy said:
Regarding TTI..big time insider buys just surfaced. Who wants to go to the moon with me?
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I can't do those sub $1 stocks anymore...they usually spike so fast you have to be at your computer ready to put in the limit sell quick. I guess I could just put in stop limits +/- 20%.
 


Probably a good summary of what's gone on in the last 3 months. I chuckled and when I learned Credit Suisse was delisting their inverse ETNs soon, I laughed, hard. So many conspiracy theories rolling around about their delisting of ETNs like TVIX.
 
My IDEX stop limit is set to $2.49. I have a feeling that will get triggered today....after $2.60 it will be $2.20. Bought back in yesterday at $2.88. ?

Edit: And there it goes. It's getting crushed by the shorts...market getting crushed. Going to look to buy back in again at $2.10'ish later this week.
 
Market getting hammered. Liquidated my TTI holdings on the runup this morning in anticipation of this market blood bath. 90% cash now and I’m salivating over here. Once the dust settles I’m buying ALL the cheapies!
 
It’s going to be a rough end to the week. Still 2 more days left after today and the news looks bleak. W shape recovery incoming?
 
OPES (BurgerFI) has been really disappointing...I'm in big at $13.25 and would add more here but binding vote I believe is next week. Once/if that passes I would think this would jump back up. But if it falls through I will be out a chunk of money.

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I would not be surprised if I get stopped out on OPES. I changed the stop loss to $13.25 and it's probably low volume (I'm not checking today to be sure lol), so if it gets there I'll be out. Maybe sit tight and try again at the end of the week if it happens, nothing lost other than money in my long positions if my theory is correct. Or maybe, at the rate we're going, try with SHLL instead because of it potentially being memeatic with their trucks.

(if the GDP is worse than expected when it comes out tomorrow, tomorrow might see an actual circuit breaker, June 11th would've been but it got to that point after 3:30 so it was too late)
 
KyloG said:
My first 200%+. And just like I do in Vegas....going to watch it on it's way up and on it's way back down.

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I'd lock that in. If you feel it's gonna go up further later just ride the rest of the shares. Just sell 33% of your shares and you'll have back what you spent initially already. The rest is just profit only.
 
Steven_1974 said:
I'd lock that in. If you feel it's gonna go up further later just ride the rest of the shares. Just sell 33% of your shares and you'll have back what you spent initially already. The rest is just profit only.
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I only bought in for $250...going to let it ride. The fact they have revenue opening up it would just take another customer to get this to .25-0.3.
 
Frustrated my limit hit on IDEX...fairly bullish it was able to break up and out of this channel.

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KyloG said:
I only bought in for $250...going to let it ride. The fact they have revenue opening up it would just take another customer to get this to .25-0.3.
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Fair enough. I just always like to lock in when hitting amounts like that myself so the rest is free and clear and playing with house money.
 
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