i would consider puts if this is a symptom of much deeper problems at the company that will lead to even more problems down the road (certainly possible), but not just over this event. this news will get priced in immediately, and being in the news may perversely promote stock awareness and "buy the dip". i'll sit out for now... waiting for your next penny stock pick haha.
Ha! I’m watching BIOL and ACST going into tomorrow to see how PM goes. Wouldn’t surprise me to see movement either way but I think they will both pop soon.
^ another one, Lmfa. I hesitated to buy before close and of course it pumped ah. I hate pennies lol. Dunno what it will do tomorrow
I'm hearing grumblings of people boycotting FAANG tomorrow due to Trump censorship. Any validity to this?
If you are worried set stop limit orders... I've been wrong before, but it's looking really bullish atm, if there's a correction it'll be short like the slight "correction" that the high flying tech stocks had in october. Also if section 230 gets amended, it will create an even bigger moat / oligopoly for the incumbent social media companies - it will be much harder for new startups to afford the compliance cost of policing user content. How is the boycott going to work, are ppl going to stop using Android and iOS?? I guess huawei has harmony OS lol.
Biden's supposed to present a several-trillion dollar stimulus plan this Thursday, I believe, that would include a $2000 coronavirus stimulus proposal as well as a proposal for something like a $2-$3 trillion tax and infrastructure package. We'll see what gets passed and what doesn't.
Another gauge of sentiment - another 737 just fell out of the sky, and ppl in this thread don't dare buy puts on BA haha.
bought 200 biol for fun. was eying trxc but it's already up a dollar... edit: for proper companies, SRPT looking real good after ark bought the dip, they added 700k shares last week.
Was thinking of picking this up today if it goes down with rest of the market. Out of the megacaps, arguably benefited the least from covid, ad revenue should pick up with the resumption of travel, and their bets on AI are starting to payoff in the medical field too. Set buy order close to $1700?
Yea I think BIOL is the better swing over a month or so. ASCT is booming already this morning. I am up $5k in 15 min lol. I have TRXT on my watch list as well. ALRN is another I was contemplating buying but decided on BIOL and ASCT last week for an uptick this week. So far it is working out but we will see how the day goes.
Purely technical play. Last week there was 2 bullish green candles while in a downtrend that meant possible reversal. High short percentage so ideal candidate for a short squeeze
Stem (STPK) Looking Beyond Tesla – The Most Compelling and REAL ESG story On the Market… Price TGT – $100 https://citronresearch.com/wp-content/uploads/2021/01/Stem-STPK-Looking-Beyond-Tesla.pdf