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Stock Market

Steven_1974

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I kinda went a little crazy this morning jumping into a number of things since I felt good about the charts when I was looking at a screen I did last night after my IDEX play paid off very well. These are what I picked out of an initial return of 49 stocks.

THTX
CAN
KTOV
BIOL
VOLT
XELB
HTGM
NAKD
CAAS

Hopefully half pan out at least.
 

KyloG

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Yeah I've been thinking that OPES could end up anywhere in between low $20's to what DEAC/DKNG did with the merger, maybe at best, temporarily do what SHAK did after its IPO before falling (FMCI might be more likely to). Needless to say, I still might drive myself up the wall anyway (why though I look fine today despite what's going on here haha).

I thought about talking about SHLL here but unless it keeps slipping (and all SPACs probably would if it does), it was already out of my taste range when I found out about it.

In other news, I suppose the next stop for the NASDAQ is going to be the moon if the froth doesn't stop.
Had I not already bought heavily into FMCI/OPES I would be adding or entering at these levels. I am around $13.50 on both.

VTIQ did this...it rocketed to $30 mid-May and then pulled back to $21 and then steadily climbed into IPO. We are still 4-6 weeks away from IPO's for either FMCI/OPES....and I think OPES has there official vote next week. It still could fall apart.
 

GeorgiaGirl

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Had I not already bought heavily into FMCI/OPES I would be adding or entering at these levels. I am around $13.50 on both.

VTIQ did this...it rocketed to $30 mid-May and then pulled back to $21 and then steadily climbed into IPO. We are still 4-6 weeks away from IPO's for either FMCI/OPES....and I think OPES has there official vote next week. It still could fall apart.
Should see the binding agreement sometime this week or early next. I'm grappling but I think I'll end up holding on and waiting to see what the financials say when they present after they have the agreement. Well, maybe more like interpretations because I'm not good at math.
 

Rain Cold

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NK


Triple top on the S&P. 🐻

Probably, retest the low last week is my guess.

View attachment 43208
I follow a few cycle guys and they have pretty much all independently said that late June is a significant cycle top. Probably just for a few weeks/couple of months. But who really knows if that stuff works. We'll see, I guess. Interesting that we're not getting a lot of traction during trading hours. Gap up. Stall. Gap up. Stall....etc. That's not every day, but it happens a lot.
 

GeorgiaGirl

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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.
 

KyloG

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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.
 
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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!
 

KyloG

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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.

Screen Shot 2020-06-24 at 11.33.36 AM.png
 

GeorgiaGirl

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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)
 

Steven_1974

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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.

View attachment 43280
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.
 

KyloG

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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.
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.
 

KyloG

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Frustrated my limit hit on IDEX...fairly bullish it was able to break up and out of this channel.

Screen Shot 2020-06-24 at 3.15.04 PM.png
 

Steven_1974

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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.
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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