MVIS starting to get to mania phase. Going to have to get a monster pullback soon.
-
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
- Thread starter ForsythSnow
- Start date
snowlover91
Member
LGBS was being loaded heavily in the 2s and now 3s appear to be the new loading zone. Once some filings start hitting or updates from the company I imagine it will take off.
SNVP there are rumors of a reverse merger with a Fortune 1000 company, I imagine news on that will spread over the weekend and could be a big Monday. I bought a small position to see what happens. AWGI is seeing accumulation in 6s now, possibly a new support level as we wait for the process to finish up.
snowlover91
Member
Also one of my favorite stocks to protect some of my profits is BCV. It's a closed end fund so doesn't have a ton of volume and it pays a 10% dividend. Over 5 years it has returned 107% vs 93% for the DOW, and that doesn't include the dividends it pays either. Part of my trading strategy now is to preserve a good chunk of my profits by taking some each month and putting them in BCV, let it steadily grow and compound as well. Obviously if the market goes down it would be susceptible to that as well so it isn't risk free.
You and me both. I would have enough to pay for that brand new F350 Quad Cab 4X4 King Ranch with the Powerstroke diesel. Fully loaded to the brim with a lift and tires. Paid for in full. Oh well.
snowlover91
Member
PVDG approaching .04 now, I remember when it was .001s and buying at that price. Much more to come on it too.
Steven_1974
Member
Where do you end up finding out about some of these?
mydoortotheworld
Member
After taking a massive L with GME, I've been steadily learning more and more about trading and have been following along with this thread. What brokers do y'all use? I've been using a combo of Merrill for my ETFs and then RH for just stocks (though I want to get out of RH)
Yeah, it always worries me when you get these parabolic spikes...it just alerts the shorts who take it personally and want to rip it apart. It's doubled in a week.
MVIS ??
Just sold half right under $12. Going to let the rest ride. Going to use those proceed and some other savings to pay off the house and be debt free for the first time ever.
I don't have that many shares, gonna hold till BO then I'll be able to do all that..... hopefully
Well I'm not talking about 10s of thousands of shares or anything....I don't have DadofJax kind of money. Where is he, by the way?? @DadOfJax
Anyway, I got laid off a couple years ago and got a nice severance, which I've been saving. Now I can pay some stuff off and not wipe out my savings.
If you ever want to get together for lunch, you let me know. My treat.
@snowlover91 good entry on INKW right here? You think it’s done?
Thor
Member
Looking at the same thing have a smallish order in at 0.068
Just curious...who has IRA's and do you guys invest in mutual funds...stocks...or both? I started a new job 2 years ago and I just now rolled over my 401k to an IRA and now can invest in stocks and mutual funds. I am starting to dabble in stocks in my IRA where before it was all mutual funds and some bonds.
I have a 401k with Schwab, my old employer. I still use a mix of funds they have available as well as individual equities. They have what's called a personal choice retirement account within their 401k where I can trade stocks. It doesn't allow me to trade options, futures, or OTC/pink sheet stuff, though. I know that really doesn't answer your question about an IRA, though.
We need @metwannabe @Thor @snowlover91 @Jimmy Hypocracy to tell us some other hidden MVIS gems that aren't penny stocks that actually have a real product or service that have been beaten down and are wildly undervalued.
In my brokerage account, I have a few thousand shares of FFMGF (First Mining Gold) and GLDG (Goldmining Inc.). Neither has done very much, and they've been beaten down pretty good. I feel like both are at or close to a bottom. But it might take time for value to be realized, as they are in the junior mining space. Once money starts pouring into the sector, whenever that happens, they should head higher.
I feel like I need a weed play in my IRA. They have all run so much but I may add one or two. I have some reopening stocks, CCL and SAVE that have done well past few weeks. I was going to add BFI this week but it sprang today but I may add it next week.
I agree need those guys to point us in the right direction, don't include metwannabe in that discussion.... I got lucky, actually, I think the good Lord had a hand in this. Other than my penny stock debacle over 20 yrs ago, back in March was the first time I'd started dabbling in stocks..... all seriousness, feeling pretty blessed at the moment.
I don't know what the weed plays are, tbh. I feel like that industry is going to be strong for a long time to come. What are some sectors that are out of favor right now? Are there any? I mean, commodities, healthcare, financials, tech, metals, energy, pretty much everything seems to be catching a bid right now. I feel like there are some really good hidden gems out there that haven't run up 200% or more already!
freebird581bd
Member
Not a stock, but I have slowly in the last month started putting money into Algorand crypto. In my very novice ability in DD, it seems to be something that is a very good long term play. You also get a 7.5% APY if you store on their official wallet instead of storing on coinbase, binance which is only 6%APY.
Thought I would share with you guys. Just remember I AM NOT A FINANCIAL ADVISOR.
Sent from my Pixel 4 using Tapatalk
Thought I would share with you guys. Just remember I AM NOT A FINANCIAL ADVISOR.
Sent from my Pixel 4 using Tapatalk
GeorgiaGirl
Member
I'd check out the weed ETFs and look at their holdings.
Top 10 Marijuana ETFs (etfdb.com)
The problem is that they've already run a lot. Like GRWG (a ticker, not one of the ETFs) for example, I've long known about it and just never took action. It's like how I thought about making a play on clean energy based off a hunch I had several months ago and only just did a couple weeks ago.
I kinda have confidence problems...lol.
Top 10 Marijuana ETFs (etfdb.com)
The problem is that they've already run a lot. Like GRWG (a ticker, not one of the ETFs) for example, I've long known about it and just never took action. It's like how I thought about making a play on clean energy based off a hunch I had several months ago and only just did a couple weeks ago.
I kinda have confidence problems...lol.
Here's my thing about cryptos. I'm not a crypto expert by any means. But I've been around a long time. There are all kinds of options out there and most of them are doing very well. I've seen a lot of bubbles in my day, but cryptos remind me so much of of the dotcom boom. This looks exactly like that did back then. You couldn't go wrong with a dotcom. Then the bust. Everything was crushed. I know, I just know, the same thing is going to happen in the crypto space. How high do they go before? No way to know. The big idea behind cryptos is that they offer a decentralized alternative to fiat currency. But the problem is that governments will never ever give up monetary control. Once they get serious about the space, they will issue government digital currency and just hammer the rest of the market with regulations that render it useless.Not a stock, but I have slowly in the last month started putting money into Algorand crypto. In my very novice ability in DD, it seems to be something that is a very good long term play. You also get a 7.5% APY if you store on their official wallet instead of storing on coinbase, binance which is only 6%APY.
Thought I would share with you guys. Just remember I AM NOT A FINANCIAL ADVISOR.
Sent from my Pixel 4 using Tapatalk
At some point an important sovereign is going to do this, or there's going to be some kind of tech issue that bursts the bubble. But something along those lines is coming at some point.
LickWx
Member
My money is on TELL, VXRT, and CLOV. I’m beating myself for not getting in CLOV 3 hours ago and hesitating . Smdh
VXRT looks like a solid play around $5.
Thor
Member
I got into ETTX a few months back and have almost doubled. I know your probably looking for under 5$ stocks on the big board. The trick is everything has run up. So you target industries that havent....like energy? Marathon(MRO) is one im in. But I won't see explosive growth there, just banking on an overall sector move eventually. I bought all the airlines and boeing at March lows, sure they've got me 50-100% but the reopening plays have been muted by the slow recovery. Hospitality would be a reopening play as well. Disney has got me 80% and like snowlover91 its one I've treated like a savings account of sorts.
Last edited:
I may get into this next week. Wish I would have gotten in this week. Gonna have to get in TD, because it’s unavailable on Webull.
BKYI, MDVL
LickWx
Member
LMAO! Jordan Belfort, the wolf of Wall Street himself ! ------- hilarious !
What's your next move @Rain Cold
Honestly don't know. I'm going to be looking at recommendations and see if I can find something undervalued. I'll let you know!
snowlover91
Member
I pretty much only trade OTC, big board stocks are okay but just not as exciting as the Wild West of OTC. Trading pennies I’ve made 55,000% now off my initial investment. At some point I’ll probably add in a few big board ones, but right now I’m riding the OTC as much as possible while it’s hot.
snowlover91
Member
Did you end up getting any? Didn’t pay a whole lot of attention to it because PVDG was going nuts this afternoon... man it was a good day for me.
DadOfJax
Member
Unfortunately. It’s absolutely sickening. Would have been up almost 10k at this point. ?
Dang
Ok so I've seen a lot of comments about SNDL, here and other places, tell me why I should invest in it. Other than the obvious political administration being more favorable for the weed industry, give me some good DD. I've shared tons of MVIS DD, somebody convince me one way or the other....share and share alike ?
DadOfJax
Member
I’m in big with TELL at this point...maybe MVIS will have a pullback for a decent entry point. Wish I had stuck with it....the whole hindsight thing ya know
LickWx
Member
Hope you learned your lesson, you bought in and 2 days later were panicking . If the stock market were that easy everyone would get into it . It’s not , gotta take the L before the W. Stay down till you git up. Patience ! If PT that metwannabe shared with us hold weight then still profit to be made getting in now , though waiting for pullback is smarter .
Hey RC the wife and I are headed to Raleigh to meet those college kids of mine for lunch at the Cowfish, you buying? ??