options very illiquid for this. no idea y it's down today, no news. have $ in too many other things, just holding some shares in API for now. edit: + i need to set aside more dry powder for @davidio840's next penny pick lol.
GM CEO spoke at the CES conference, leading to ~ 6% pop so far today in addition to the commercial EV for FedEx, GM will be introducing EV for Caddy and Hummer later this year next up, the supreme Lisa, her co is also having an up day i want to see it hit the century mark by no later than tomorrow
Damn, where do yall catch of wind of things like BIOL? Geez. @adoo what do I do about MARA? I think it's about to go down (finally) but still go up long term. What's the sexiest way to hedge and protect the existing gains in the short term?
lol. PLUG dragging FCEL with it. Shame I didn't buy BLDP with them. I could have had a trifecta of dotcom bubble bombs reviving. At least PLUG is starting to sound real now.
wow, FCEL hit 7,000 in 2000. PLUG hit 1,500 remind us. what did they do wrt being a dotcom back then?
They didn't, really -- at least not that I recall. I know one of them spun off a battery company, but it was just the general "it's the new generation of tech/energy/fuel... jump on before it's too late" from what I recall. The same "alternative energy is now" banter that drives some companies every few years. I do think it's for real now, though. In some cases, anyway. I think I owned PLUG briefly back then, and nowhere near its top price. BLDP was another big one I remembered. PLUG seems to be becoming a legit company with deals with Renault, Walmart, and SK Group, and there is a drive in the EU and overseas towards more green tech in the automotive industry, so they have that going for them. Hardly anybody talks about LIN, though. They actually make money and are one of the top names in the industry. Maybe because the price is too high or they're too established, although their stock price has also seen a good appreciation. Ah well. I'll enjoy it while I can and hope PLUG turns into something bigger.
MACD has crossed-over to be above zero trading action is just underneath 50% Fibonacci retracement ~ 358. 62% is ~304 but, the lagging indicator, parabolic SAR, has not confirmed a change in direction; just to be cautious / nit-picking, there is a good chance that trading action will close the gap-up in early Sep, ~ 345,7. next ERS will be 3 Mar will sell a 360 / 350 bullish PUT spread, and use it as a scouting mission to see if it'd close the gap once the gap is filled or the lagging indicator confirms a change in direction, will buy bullish CALL spread
Yeah, but I had basically slowed significantly with my trading over the past couple years. It's been very slow getting my rhythm back since November. I'm still seeing the market well, but my execution while I am in trades has been consistently poor. I'm currently in a lot of SPACs and the biggest one I have is PIPP. It's the Biden administration SPAC lol. I was kicking myself today for not being long that ATCT today. It had Biden ties too. It was a bit expensive and I passed on it and I regret it. I'm probably going to pay up for some PDAC tomorrow since there are administration ties as well. The guys at my office have absolutely been killing it lately. I'm making money, but it's been very hit and miss and frustrating. Example from today being ETSY which I was long yesterday and gave up on it for no good reason....then today boom. CCIV another example of me just being slow...missing the entry then watching it rally and b****ing at myself. I tried to get long QS today and I suck so I'm out near the lows, but I fully expect that to pop. I was looking for a slightly deeper sell off to buy in it. FUBO is taunting me too with my botched trade. I messed up DM today and it has held well. PUBM is worth a look also. Being off with my execution sucks because I get into a bit of a negative feedback loop with my confidence. Just need to clean things up. I'm tending to think this small cap rally has a bit more legs to it, but we are getting pretty frothy. Put call ratios are absurdly low. Not necessarily a top indicator but it does tend to indicate there isn't much juice left. Right now I'm long DMYD, RTP, ZNTE, SPNV, PRCH, PIPP, QELL, HIGA and STIC
argggh forgot about this, we were discussing pipp in the D&D. was gonna wait for the warrant split but i see the warrants are already up Is Qell still worth it w/o proterra? What were your reasons for holding spnv, higa and stic? if forced to buy today, which spac would u buy? I've been holding DMYD and DM shares (sold off warrants to buy shares after they popped), and recently added ZNTE and GSRV warrants. been scalping znte on the side while building the position. for pubm have you looked and compared it to mgni; mgni has been on my watchlist, is pubm better alternative?
QELL still has a good team and Rivian rumors Picked up HIGA today just because it's close to $10 mainly. Saw it was mentioned positively as well. STIC I'm just playing the pullback on the chart SPNV also playing that post buzzfeed news rumor sell off and that team looks more competent than to go for that sinking ship. And I really feel like I should be in a lot more PIPP. I bought it on the IPO day and added some more in the low 11s, but I mean that level of political connection is just ridiculous. Combine that with the Westpac team up that Flournoy and Blinken have and it's like they were born for this. Has that ever even happened this blatantly with a publicly traded company? I don't even care about the ethics of it. I just wish there was some kind of potential comparison, but obviously not really possible since SPACs are new. The DMYD potential seems good going forward and it doesn't seem like any regulation is coming to sports gambling under Biden. Other than that I'm extremely late to the game with SPACs and I'm playing catch up as fast as I can.
