• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Misc Stock Market

Never sold UCO...prior to the split I had 2700 shares at a cost basis at 2.12 I think..now it's 106 shares at $55 after the split. Yesterday it closed under $15. The good news is I will have the $3k capital gain loss deduction on my taxes taken care of for next year. Going to let those 107 shares rot away.

Someone's making money on that reverse split...just not me.
 
Oas has been as far up as .69 this morning lmao dang if folks had any idea that would've been an easy swing trade from yesterday to make either a few hundred or few thousand bucks.
 
GeorgiaGirl said:
Oas has been as far up as .69 this morning lmao dang if folks had any idea that would've been an easy swing trade from yesterday to make either a few hundred or few thousand bucks.
Click to expand...
I was looking it up in a news search and there are a bunch of sites that were promoting it in the last day or so. So wonder if this is a bit of a pumping strategy here. Looks like the latest research out there has them expecting to see the stock get around $1.
 
Check out WLL for the week. I bought some shares yesterday at .72... but not enough. Bought some more on the dip today but trying to figure out when I should bail. Lol
 
Triplephase93 said:
Check out WLL for the week. I bought some shares yesterday at .72... but not enough. Bought some more on the dip today but trying to figure out when I should bail. Lol
Click to expand...
You know this one hurts because it’s been on my watch list for over a month. I would consider dumping before EOD. Short squeeze in effect here. Shorts going bankrupt on this one ?. Congrats on the gains!
 
Jimmy Hypocracy said:
I had a chance to buy CPE at .39 the other day. I was just a click away. I’m beside myself today
Click to expand...

That was a gut decision. My gut told me to listen to you with CPE and PACD despite never buying an oil stock in my life. I stayed up all night looking over those stocks. Couldn't even sleep that night.
 
Tornadocane said:
That was a gut decision. My gut told me to listen to you with CPE and PACD despite never buying an oil stock in my life. I stayed up all night looking over those stocks. Couldn't even sleep that night.
Click to expand...
I mean I’m hindsight it makes sense. These oil stocks get these compliance notices that they “need to get their share prices above $1” and the rest is history. Pumpers pump. You would think prices would fall because investors want to shy away from a reverse split but in reality the opposite happens. I’m learning a lot on the fly. I look at a lot of charts every day and I’m really learning a lot. The market will chew you up and spit you out
 
Jimmy Hypocracy said:
I mean I’m hindsight it makes sense. These oil stocks get these compliance notices that they “need to get their share prices above $1” and the rest is history. Pumpers pump. You would think prices would fall because investors want to shy away from a reverse split but in reality the opposite happens. I’m learning a lot on the fly. I look at a lot of charts every day and I’m really learning a lot. The market will chew you up and spit you out
Click to expand...
The market's job is to make as many people look like fools as possible. You either have to know nd trust your technicals or buy on fundamentals and hold.

Keep the losses small and leave what? That's right. Leave emotion at the door.
 
Jimmy Hypocracy said:
I mean I’m hindsight it makes sense. These oil stocks get these compliance notices that they “need to get their share prices above $1” and the rest is history. Pumpers pump. You would think prices would fall because investors want to shy away from a reverse split but in reality the opposite happens. I’m learning a lot on the fly. I look at a lot of charts every day and I’m really learning a lot. The market will chew you up and spit you out
Click to expand...

Studying chart patterns is a great way to make money...One stock can become very predictable in price movements just looking at the previous weeks or months patterns...If you don't know what you're doing, they (MM's) will eat you alive...Rain Cold is exactly right...Emotions must be left at the door....I'm like you....Learning on the fly....A little every day...Good Luck!!
 
Last edited:
Rain Cold said:
The market's job is to make as many people look like fools as possible. You either have to know nd trust your technicals or buy on fundamentals and hold.

Keep the losses small and leave what? That's right. Leave emotion at the door.
Click to expand...
Honest to god, my biggest problem thus far is I can’t get money into my cash account fast enough (because I don’t have enough) so I have to liquidate prematurely for a loss only to watch my premature evacuations exolode days/weeks later. Ie: CPE, CARR, DEAC, BLMN etc... the list goes on and on.

“The rich gets richer.” is a phrase that comes to
mind.

If I held positions and was able to open up new ones with different funds I would be up an ungodly amount right now.. I will continue to fight nevertheless. The good news is my gut and charting has yet to lead me astray. I’m determined to succeed at this.
 
I bought DEAC at $11 a share a little over a month ago and it’s hovering at $19 right now. I mean just think if you had a couple hundred thousand to dump into Draft kings and forget about for a year or two.. I sold at 15 to liquidate some of my portfolio...
 
Jimmy Hypocracy said:
I bought DEAC at $11 a share a little over a month ago and it’s hovering at $19 right now. I mean just think if you had a couple hundred thousand to dump into Draft kings and forget about for a year or two.. I sold at 15 to liquidate some of my portfolio...
Click to expand...
Jimmy! HALL sitting at 2.94... is it buy time or has that ship sailed?
 
Chattownsnow said:
Jimmy! HALL sitting at 2.94... is it buy time or has that ship sailed?
Click to expand...
2.94 is solid. Some weird news came out yesterday which is keeping the price down I think. They were given a 8.3 million dollar PPP loan that it looks like they’re going to have to give back. I’m not sure how this is going to affect the share price honestly. I’m still in though
 
Boeing looking like a strong buy right now. If only all my money wasn’t tied up ??‍?. That’s a falling knife I would attempt to catch right now
 
Check out Hertz! I dare somebody to try and catch that falling samurai sword ooooffff
 
was thinking of jumping in and buying a dozen or so stocks in one of these biotechs working on a vaccine. Price was already up about a couple precent on one of them. Just wondering if its worth the $.
 
Boeing earnings report tomorrow morning. Sitting in the upper 120’s. With a little less than ideal news we should be able to load closer to 120. Seems like a really good/safe buy
 
Broken024 said:
There is no "stick to this stock" right now. Everything is in free fall.. maybe you can pick one and get lucky. If you are in for long run then just stick money in VOO or SPY, but you will likely see losses before gains. Im sure there are some individual stocks that have short term upside but who knows what they will be.

If you have the balls put money in disney, apple, Microsoft, or tesla, all crushed right now but have significant upside. Or just bet on cruise stocks and hope for best lol
Click to expand...
I wish i had these balls i spoke of. Rough numbers: Tesla up 150%, Microsoft 30%, apple 20%, dis 20%
 
Well it happened. I got hosed on an after hours offering last night. Share prices down 25% this morning. I was holding heavy. I want to slap myself because I had the chance to exit before close yesterday with 12% profit. Should get a nice tax write off fml
 
You must log in or register to reply here.
Back
Top