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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. Invisible Fan

    Invisible Fan Contributing Member

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    They're almost out of shares they can issue. Reddit would need to up their leverage game to pump that price.
     
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  2. adoo

    adoo Member

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    [​IMG]

    appears to be forming a handle to the cup---approaching the top of the recent trading channel.

    will the 3rd attempt to break thru the upper channel be successful ?
    my bet is yes​
     
  3. KingCheetah

    KingCheetah Contributing Member

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    Definitely good PR never hurts to get a company like Tesla on board.
     
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  4. saitou

    saitou J Only Fan

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  5. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I don't know about "collectively" because with the turnover in shares the past few days, there sure is lots of selling going on, too.
     
    Sajan likes this.
  6. davidio840

    davidio840 Contributing Member

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    It’s really hard to say. I’m bullish short and long term overall. It’s pretty volatile right now with $3 swings in any direction over a few days or a day like today. Seems to be closing higher lately which is good. Chart looks good too.

    Shorts are all over it like other “meme” stocks. Seeing Jeffries ban short sells/naked options of MVIS, AMC and GME yesterday was interesting.

    There has been clear intent to sell the company or laterals if their tech for well over a year. Whoever buys will determine total return, but who knows. That could be SS just throwing rumors to get funds and continue to turn the company around.

    All in all, I’m holding several thousand shares from house money so I’m likely just going to let it ride. It will get to a point where there’s one to many extra digits in front of the decimal and I’ll pull it all.
     
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  7. saitou

    saitou J Only Fan

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    @Sajan latest update from CEO on 3 June. Looks like we'll find out this month.

    https://finance.yahoo.com/news/citius-pharmaceuticals-introduces-milo-lok-121803972.html
     
  8. Sajan

    Sajan Member

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    saitou likes this.
  9. saitou

    saitou J Only Fan

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  10. saitou

    saitou J Only Fan

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    Sold 2 naked puts on APPS today. 17 Sep, $70 strike, $12.33 avg premium. I think the only 2 contracts moved today at this strike were me.

    From last week i am also short puts at
    16 Jul, $65 strike, $5 premium
    18 Jun, $65 strike, $4.65 premium,
    in addition to shares @$63.
     
    peleincubus likes this.
  11. RudyTBag

    RudyTBag Contributing Member
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    Getting to this point with AMC shows some collectivity.
    Can't think of more capable leverage movers than the hordes of meme Apes. Wouldn't put it past those idiots (lovingly).
     
    #16631 RudyTBag, Jun 7, 2021
    Last edited: Jun 7, 2021
    Invisible Fan likes this.
  12. saitou

    saitou J Only Fan

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    i'm not playing the amc game, but its pretty crazy how lows on daily candles still keep going up. looks like it could still explode higher purely on momentum.
     
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  13. saitou

    saitou J Only Fan

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    @adoo @Dr of Dunk i took a closer look at LEGO, it actually looks stupidly cheap. too good to be true? pls let me know what you think if u have time to look at it. thinking of selling my znte and pipp commons for this. lego commons still below $10. steel producer.

    https://img1.wsimg.com/blobby/go/d219c3c3-20ec-4abd-934d-9dffe99c4d6e/downloads/Algoma Legato Merger Announcement Presentation.pdf?ver=1621948387656
     
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  14. peleincubus

    peleincubus Member

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    whenever i said the posts on here were helping me hold CLOV thank you. between averaging down over the last few months I was waaaay down and now doing just fine haha
     
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  15. AWIN

    AWIN Member

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    so many stonks squeezing, so little time! it's like 2 for 1 at the titty bar, boobies everywhere!!!
     
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  16. adoo

    adoo Member

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    @saitou,

    fwiw, i've had bad experience trading Canadian stocks,
    so i'm skipping lego​
     
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  17. CCity Zero

    CCity Zero Member

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    Right, I do like watching the entertainment on the sidelines though.
     
  18. RudyTBag

    RudyTBag Contributing Member
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    Damn CLOV sure looks fun. Too late to jump onboard?
     
  19. saitou

    saitou J Only Fan

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    closed the 18 jun puts at $1.15. Pocketed $3.50. Will sell more further dated puts if there are dips.

    one of my best green days. 4 of my 5 biggest holdings green, apps, flgt, sdgr, ctxr.
     
  20. saitou

    saitou J Only Fan

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