I told you guys to buy CNDT 3 weeks ago. It shot up nearly 200% after earnings last week. I sold prior to earnings for 20% gains but damnit boy if Jimmy wasn’t right again.
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
GeorgiaGirl
Member
I'm really not sure that an executive order over a stimulus deal is bullish (especially since the executive order is not as good as what a stimulus could have been), but I've been getting proven wrong, and the Dow did form (and I think complete) a golden cross, so Dow to 28k at some point next week I guess...
snowlover91
Member
You Need to start listening to your own advice Jimmy ?
GeorgiaGirl
Member
Dow to 28k tomorrow I'm guessing at some point in the session unless some news comes up to interrupt it. Might lose some steam like the first time we tried to go over 27k again since early June (we've succeeded for now though) and not end above it but we really feel headed that way.
Pretty ridiculous though if I'm right, we were at 25k-26k last year at this time and right now we have a pandemic and are in a sharp recession that has been hidden some by the moves taken, yet here we are.
Despite that, I'm still not where I was before late February/March happened. I wouldn't be even had I waited to sell Ventas until the first time it cracked back above 40, although had I done so, I think I'd probably be green slightly on the money I put in last year (edited).
Pretty ridiculous though if I'm right, we were at 25k-26k last year at this time and right now we have a pandemic and are in a sharp recession that has been hidden some by the moves taken, yet here we are.
Despite that, I'm still not where I was before late February/March happened. I wouldn't be even had I waited to sell Ventas until the first time it cracked back above 40, although had I done so, I think I'd probably be green slightly on the money I put in last year (edited).
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snowlover91
Member
Great day for BRTXQ and court documents are quite encouraging. A great bankruptcy play and I expect much more from it over the coming weeks.
GeorgiaGirl
Member
That did not take long even if it turns out to only be for a minute. Maybe partially thanks to Putin's comments lmao (may also be a repo pump though).
Kinda getting a mini preview early today of what's to come when that vaccine is announced, even if thousands aren't gonna take it. That vaccine combined with cases will likely mean herd immunity, so the stay at home economy will go away for the regular one.
snowlover91
Member
STHC heating up today. A nice dip on BRTXQ, I made 213% profit on it and may buy back in if it dips lower this afternoon.
GeorgiaGirl
Member
Odd day in the market. Now it's reversed but even after the reversal, the metals are still struggling badly like they have been all day.
Blue_Ridge_Escarpment
Member
Big Dow plunge yesterday coincided with a certain announcement yesterday afternoon.
GeorgiaGirl
Member
Yeah, that Big 10 cancellation sucked! No, the Harris rumors were out there, but I'm pretty sure the announcement came after the bell, and we again saw an article that Wall Street's heart is okay with those circumstances (remember, most of them are not Southerners), even if their wallet might not be.
Might have been much more a sell the news of news from RUSSIA of all places.
GeorgiaGirl
Member
I didn't like Harris as the pick, but the general thought for now even if southern people think they're being fooled seems to be both are much more establishment politicians than what you'd see with Sanders or Warren.
Blue_Ridge_Escarpment
Member
Interesting. And the last time establishment won for either party was in 2004!
SMRT is the new BK play
snowlover91
Member
Sold STHC today on the news. Bought at .03 and sold at .05 for about 60% in gains.
GeorgiaGirl
Member
I wonder if they're going to try one more time for an S&P 500 high tomorrow before we go bearish for at least a short stretch.
I'll tell you, the bears really needed me to stay away so they could get the band aid torn off, because I walked back in to the Dow being up 340ish points after I drove home and it went down some after that, but it is still up a fair amount.
I'll tell you, the bears really needed me to stay away so they could get the band aid torn off, because I walked back in to the Dow being up 340ish points after I drove home and it went down some after that, but it is still up a fair amount.
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Currently making a large penny stock play on PLAG
ColdAMO
Member
Are you expecting news on PLAG? I see it has a float of 5mil. It should move up easy.
I’m not expecting news but it neared pandemic lows last week. Double bottomed. If/when it runs it can go in a hurry. Looks like their 2020 Q2 results were better than last years so this price action is not warranted. I love love love the the daily chart. It’s screaming runner. I just don’t know when it will happen.
In other news it looks like SMRT got that bankruptcy pump Friday after hours. Went from .10 to nearly .20. Easy double
Peep this PLAG daily chart ? look at that pump back at the end of 2018..we’ve got an $12, $8, and $5 pump off of these same support levels in the last 2 years.
Jimmy, when will they listen?
Looked at CPE lately?
I was wondering if they did. I just noticed it was at like $9 yesterday.
ColdAMO
Member
I'm going to have to start paying more attention to BK plays.
I got burnt on ROSE a few weeks ago. It’s a crap shoot
Wild action on crude tonight. Man your battle stations. Time to secure your long oil positions imo
GeorgiaGirl
Member
Watching early market action...kind of doubt we make an S&P 500 record closing high again today. If the NASDAQ stays up it might try but it really also needs the DOW.
Bears gonna need me to go away during one of these afternoons and stay away until 4:00 to get the band aid torn off, because I think we're stuck here until we get a record high close. (I don't watch like a hawk, just watch action in the morning sometimes and the last hour a bit more, but they need another situation similar to Wednesday last week, except for it to finish)
Bears gonna need me to go away during one of these afternoons and stay away until 4:00 to get the band aid torn off, because I think we're stuck here until we get a record high close. (I don't watch like a hawk, just watch action in the morning sometimes and the last hour a bit more, but they need another situation similar to Wednesday last week, except for it to finish)
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Steinmart ran nearly 200% this morning off of its Friday lows. What a BK run.
smast16
Member
I'll never understand this play... ?
GeorgiaGirl
Member
They're going to need a positive catalyst to push the S&P 500 to a record close before a drop back. It just doesn't look like it's happening without it. Lots of rejections above 3383.
I mean, there's still a chance now but I'm dubious they get it.
I mean, there's still a chance now but I'm dubious they get it.
MVIS, I'm in it till the end.... I keep adding, I'm convinced more than ever they have multiple tier I prospects looking to buy them out (the technology is light years ahead of the rest, really incredible for a small tech company). Once the news hits and I've got a nice little nest egg thanks to it, I'll get into the day trading more at that point. Did a little initially but stumbled across this gem and decided to hold there for now.
I'm in with ya!
Chart play
Any guess on where this goes from here? ?
Get in where you fit in ?
Any guess on where this goes from here? ?
Get in where you fit in ?
Like clockwork! Jimmy hipps the stock guru!!
8% green on the folio today. Epic red to green move commenced about mid day. Green pastures ahead. Current big holdings are swing plays. JFU & PLAG
also holding some HPR
also holding some HPR
GeorgiaGirl
Member
The Dow has been draggy over the past few days. Honestly, not very surprising, as most of the companies in there really need a return to normal to do well and the Dow hanging out above 27.5k for a minute now makes exactly 0 sense. But despite that, we finally got a new intraday and closing S&P record.
I still don't think it's going to get back to 29k+ for a while, but I guess if we get some random good Boeing news, it might give it a run for its money.
I'm now roughly 2% away from breakeven on what I initially put in last year. Considering that this is a recession/odd year, I'm considering this a sunk year, but boy, if I made a few moves I likely should've, I'd be positive. At the height of what was going on, I was down about 25% of what I had in this account at the highest, or slightly more.
So, riding things out works (at least for now, and hopefully later on as well), and when everyone is not totally panicking, diversification works too.
I still don't think it's going to get back to 29k+ for a while, but I guess if we get some random good Boeing news, it might give it a run for its money.
I'm now roughly 2% away from breakeven on what I initially put in last year. Considering that this is a recession/odd year, I'm considering this a sunk year, but boy, if I made a few moves I likely should've, I'd be positive. At the height of what was going on, I was down about 25% of what I had in this account at the highest, or slightly more.
So, riding things out works (at least for now, and hopefully later on as well), and when everyone is not totally panicking, diversification works too.
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snowlover91
Member
CLHI up to .1449 for a close, the highest close this year and near the 52wk high. It looks like they have submitted what is needed to get the ball rolling last week and we are just waiting on approval from the various regulatory agencies... hopefully this week that hits, still my #1 holding.
Also bought back in STHC at .0268, bought PCLI at .0014 and TSOI at .0162 all were green today.
Also bought back in STHC at .0268, bought PCLI at .0014 and TSOI at .0162 all were green today.
Thor
Member
Whats your target price on PLAG? Got in today at 1.70.
Well done buddy! Crazy low entry
I’m not going to front, I’m not good with price targets because I’m too cheap to buy level 2 data but I’m shooting for $3.50+.
Thor
Member
I used to be good with picking my spots based on charts but man is it tough using historical indicators these days, the market is just different. If it gets up to the upper 2s ill be pretty tempted to sell.