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Misc Stock Market

Look at this roller coaster . Glad I’m not holding shares of this S***
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I bought into BLMN the other day and set my limit for $1.10/share profit the morning at $6.60. When I woke up it had peaked at $7.70 FML!! Missed out on good money ? ..I’m getting the hang of this sh** though
 
metwannabe said:
Dang that sucks, took me 2 days, shouldn't take 4 I wouldn't think.
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I wouldn’t think it would’ve taken that long but my bank account isn’t with one of the big bank they use and I don’t have any credit so from what I read online that slows down the approval process.
 
Jon said:
I know it has real news now and is distributing tests, but good on you for getting out and taking profit! Always get out before the rest do! No one is going to hold until quarterly earnings...this will probably tank when it’s done pumping. Never be sad about lost potential profits if you sold at a profit! Unless you’re staring at the stock all day, it is risky to hold.

My friend has the same stock and she said he will sell when it hits $2, let’s see if he puts his money where his mouth is.

Get out and don’t get greedy, take profit, that’s the #1 rule when trading penny stocks or stocks based on current events/hyped companies.


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Wonder if he sold? It hit 2.10 right out of the gate this morning, wish I would've sold mine then haha.... got to hold now.
 
metwannabe said:
Wonder if he sold? It hit 2.10 right out of the gate this morning, wish I would've sold mine then haha.... got to hold now.
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I think he sold yesterday...I'm still holding AMRX...In a holding pattern....Wish they'd let that BEOTCH out and stretch her legs!!!!
 
metwannabe said:
My guess is probably more to do with close to passing stimulus package, I mean even if he "opens things up", individual states will still basically be shutdown. Just my novice .02 worth
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The States need to be in charge of their own plans with guidance from the fed
 
NoSnowATL said:
Only up 17% today. Dang


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I averaged in down to -17% (so far) for the day. But I'm in a ton of positions I wanted to be in so we'll see. The SPY puts I bought this afternoon are already up over 8%. Pretty excited about those. 220P for 4/20
 
Nerman said:
I averaged in down to -17% (so far) for the day. But I'm in a ton of positions I wanted to be in so we'll see. The SPY puts I bought this afternoon are already up over 8%. Pretty excited about those. 220P for 4/20
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It’s in a good spot. The growth potential the market has is amazing. This is the time to add and keep adding.


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NoSnowATL said:
It’s in a good spot. The growth potential the market has is amazing. This is the time to add and keep adding.


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I agree 100% for long positions. It's a fire sale! Short term I think we see lower lows. Tomorrow will be interesting because I don't think we've seen 2 positive days in a row this month.
 
Jimmy Hypocracy said:
There’s going to be another massive dump once unemployment numbers come out later this week
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CVS and Dollar General and many others are hiring out the wazzoo right now; upwards of well over half a million; expected job losses are already factored into the current market; massive hiring by those companies and others like Amazon and Wal-Mart may well offset the expected decline, and may well dampen any "massive dump" ... at least hoping so ...
 
pcbjr said:
CVS and Dollar General and many others are hiring out the wazzoo right now; upwards of well over half a million; expected job losses are already factored into the current market; massive hiring by those companies and others like Amazon and Wal-Mart may well offset the expected decline, and may well dampen any "massive dump" ... at least hoping so ...
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You may be right. Today is certainly overbought though. Got to be careful
 
Nerman said:
I agree 100% for long positions. It's a fire sale! Short term I think we see lower lows. Tomorrow will be interesting because I don't think we've seen 2 positive days in a row this month.
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I agree as well. You have to be thinking long term when buying today. We all know oil will go back up, airlines will, transportation, railroad, entertainment like cruise ships etc... you can easily turn 100k to 500k right now if you buy and hold. I wish I had more money to put in my personal accounts. I’m not a fan of pharmaceuticals right now. It’s a short turn gain but long term it will just float. The bailout money will be key as well. I’ve been trying to get a head start and see what the suits are banking on.


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Bought some of CHEF today, was a $40 stock before the crisis hit, bottomed out in the $3-4 range and is starting to bounce back. At $10 it's a steal as they have solid financials and are a good long term hold.
 
snowlover91 said:
Bought some of CHEF today, was a $40 stock before the crisis hit, bottomed out in the $3-4 range and is starting to bounce back. At $10 it's a steal as they have solid financials and are a good long term hold.
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Good grief was that thing oversold. Wish I could have found that gem a little earlier
 
Liftoff if congress pass 6 trillion dollar package.

Side note - Boeing is up 10 bucks after close after gaining 22 bucks today


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Depending on any vote tonight, I say there is a quick sell off out of the gate, steal some early deals, they move on the stimulus bill and then it takes off like a rocket.
 
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Ive got a few thousand dollars in these damn mREITs that are down over 50 %. Thinking about just selling for a loss.. they might go to zero. Might jusy yolo the remainder into some call position dated in july and hope market shoots back up by then. Or maybe puts, maybe both lol
 
I believe 4 trillion of that is from the Federal Reserve as liquidity for the banks and 2 trillion for the public in disaster relief.
 
Jimmy Hypocracy said:
JNUG is ripping after hours! ? Oooooffff Gold is going to explode soon
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Gold is exploding. 6T in money printing will do that. My AG, NEM, GOLD, GFI, SAND, etc are crushing it. You timed JNUG really well. In my rookie days, JNUG took me to the cleaners.
 
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