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Misc Stock Market

snowlover91 said:
I've played stocks like TELL many times before, I'm not planning to hold it long term and become a bagholder. The news this AM about the offering stinks but I also anticipate this bouncing back when the offering closes. It has been my experience that these offerings usually provide a nice floor and near the end of the offering you'll get a nice pop from traders who look to play the stock as the offering closes. INMB was a recent one I played that way, offering was to $10 and it dropped from the 20s down to $10.50-11 range and then popped up to $14-15 after the offering closed.
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Yeah that was a low blow offering. I was a little surprised.
 
Lickwx said:
Well looks like the conference was a big nothing burger , it’s going even further down if anything .
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News from the conference was good, not much new info out and I don't expect much upward price action to occur until the offering closes. At that point we should see a nice bounce if it follows most offering plays.
 
What was the news that caused ASNA to do that? Lmao if I didn't care about capital gains taxes, maybe I should've played here but I also had stuff to do this morning.

In other news I was somehow barely up on your 2nd decently red day in a row (first in I don't know how long?). I won like 10 bucks on starting a position in Microsoft lol but I'd have been barely up even without it. Diversification works when the market's not in total panic mode.
 
@Jimmy Hypocracy you've mentioned t-cells numerous times in the covid thread, so with your interest and knowing the importance, check out Heat Biologics (HTBX) if you haven't already. I think it's still a good buy, some PR on initial clinical trials expected any day now and any positive is probably going to help it rocket.
 
If we had all known to act on KODK, that would have made us some major $$$$.

I did hear about it yesterday, but I'm slow to act on anything which is too bad.
 
GeorgiaGirl said:
If we had all known to act on KODK, that would have made us some major $$$$.

I did hear about it yesterday, but I'm slow to act on anything which is too bad.
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I was just about to say. We missed a diamond in the rough here. Incredible run up. They will make a movie about this. Kodak was a dead business but now they are back from the dead over night and their shareholders are filthy rich. Wow
 
GeorgiaGirl said:
If we had all known to act on KODK, that would have made us some major $$$$.

I did hear about it yesterday, but I'm slow to act on anything which is too bad.
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Still halted at $43

It was trading below $2.50 a share earlier this week. Everybody let that sink in for a moment..
 
@Rain Cold RC come make a play on ROSE with me. These robinhooders have some jangle in their pocket after that Kodak play and ROSE is delisting next week. This is a total gamble but a valid one. Only 6.7 million free float ? . Primed to go out in a blaze of glory.
 
Time for the PM space to get clobbered after the Fed?
 
Lol if we're going to see another random June 11th like day anytime soon, it's going to come after Powell talks and sounds very bearish. He might, but this time I won't be listening. The hint of the potential of it will be if we start selling off again soon.

DOW is currently +95. That will be my marker to come back to after I head back to working on stuff.

Edit: Well I'm actually done for now lol. But so far, nothing like last time is happening. Have to think Thursday is going to be volatile though with big tech reporting.
 
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Now has gone as far as +172 on nothing new from the Fed. Even still, I would be absolutely stunned if there isn't some volatility tomorrow.

Edit: Well, it's now retracted some. But I am surprised it melted up a bit like it did.
 
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Jimmy Hypocracy said:
Still halted at $43

It was trading below $2.50 a share earlier this week. Everybody let that sink in for a moment..
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This is my hope with MVIS, CC next week hopefully some BO news....shorts are working overtime to manipulate the price but I'm not selling 1 single share, FOMO. Just a $2B BO would mean a $2 stock instant rocket to $14 pps.
 
finance.yahoo.com

Q2 GDP: US economy contracted by worst-ever 32.9% in Q2, crushed by coronavirus lockdowns

The Q2 GDP report captured the period from April through June, when the coronavirus pandemic forced business closures and disrupted daily activity.
finance.yahoo.com finance.yahoo.com

More like money news but also counts here.

Bruh imagine had the Fed and Congress/Senate chosen to do nothing for a while before acting like so much of the online world wanted. I might not be a fan of Trump, but I'd really rather not see my country burn over this. There still are likely problems to come here, but I guess I'm foolishly hoping that it's somewhat of a similar recession to when I was a 13-14 year old in that it's a 2'ish year (or maybe a bit less) sharp recession before the recovery starts.
 
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