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Anyone investing heavily this year??

How much money did you lose/gain this past week?

  • I have been looking at the payout on my wife's life insurance policy...do I still need her?

    Votes: 2 6.7%

  • I guess I will postpone paying off the mortgage for a few more years

    Votes: 19 63.3%

  • I knew this day would come and was shorting the hell outta the market

    Votes: 9 30.0%
  • Total voters
    30
  • Poll closed .
Spirit Air reached a new peak of 17.95 around 1:00 this afternoon. I pulled my 18 sell stop and authorized a sale at that price, but someone else swooped in to fill before it could execute. Too bad for me because the stock closed today at 15.96. :curse:

As I mentioned before I sold Eldorado Resorts at 19.5 - it later moved as high as 20.27 but closed at 16.69 so I definitely made the right move! :yes:
Hotlantan said:
UPDATE: My Eldorado Resorts stock broke higher than my sell stop of 19.5 this morning, so I'm OUT. Purchased at ~6.5 on March 18, so the investment more than TRIPLED. Will probably jump back in once the dust settles, but I'm not expecting higher upward movement anytime soon.

Also *just* missed my 35 sell stop for Alaska Air Group when it peaked at 34.25 this morning (up from the ~21 purchase price) and my 18 sell stop for Spirit Air when it peaked at 17.8 this morning (purchased at ~7.25). Both stops are still in place so let's see what happens next...

:please:
Click to expand...
 
Hotlantan said:
Spirit Air reached a new peak of 17.95 around 1:00 this afternoon. I pulled my 18 sell stop and authorized a sale at that price, but someone else swooped in to fill before it could execute. Too bad for me because the stock closed today at 15.96. :curse:

As I mentioned before I sold Eldorado Resorts at 19.5 - it later moved as high as 20.27 but closed at 16.69 so I definitely made the right move! :yes:
Click to expand...
I was able to sell both Eldorado and alaska air group and a nice profit. Got a couple of Gs on it. I will watch for it to drop again and get in.
 
Hotlantan said:
UPDATE: My Eldorado Resorts stock broke higher than my sell stop of 19.5 this morning, so I'm OUT. Purchased at ~6.5 on March 18, so the investment more than TRIPLED. Will probably jump back in once the dust settles, but I'm not expecting higher upward movement anytime soon.

Also *just* missed my 35 sell stop for Alaska Air Group when it peaked at 34.25 this morning (up from the ~21 purchase price) and my 18 sell stop for Spirit Air when it peaked at 17.8 this morning (purchased at ~7.25). Both stops are still in place so let's see what happens next...

:please:
Click to expand...

Thanx for the tip man.
 
Penny stock $NSPX is skyrocketing today along with the financial lenders:
$MFA (started yesterday)
$NYMT

New bill will allow them to discharge all bad debt they hold which is a reset to start business over. Must be nice to be a corporation :lol:
 
xfactor said:
Penny stock $NSPX is skyrocketing today along with the financial lenders:
$MFA (started yesterday)
$NYMT

New bill will allow them to discharge all bad debt they hold which is a reset to start business over. Must be nice to be a corporation :lol:
Click to expand...
Also, $FMNA and $FMCC
 
xfactor said:
Penny stock $NSPX is skyrocketing today along with the financial lenders:
$MFA (started yesterday)
$NYMT

New bill will allow them to discharge all bad debt they hold which is a reset to start business over. Must be nice to be a corporation :lol:
Click to expand...
$NSPX up 50% early.

also check the cannabis stocks:

$TLRY (doubled this week)
$ACB
 
xfactor said:
$NSPX up 50% early.

also check the cannabis stocks:

$TLRY (doubled this week)
$ACB
Click to expand...

I've been holding ACB for a looong time (bought at 2.22, so I'm in it till the end at this point)..

Sold some of my penny stocks (at a loss) to try to balance my portfolio a little better. Went in on some $JBLU and bought more shares of $EQNR. I'm a believer in these companies..
 
Madrox said:
I've been holding ACB for a looong time (bought at 2.22, so I'm in it till the end at this point)..

Sold some of my penny stocks (at a loss) to try to balance my portfolio a little better. Went in on some $JBLU and bought more shares of $EQNR. I'm a believer in these companies..
Click to expand...

most Friday’s are down days in the market but the shippers are running today.

check out $TOPS
 
xfactor said:
Penny stock $NSPX is skyrocketing today along with the financial lenders:
$MFA (started yesterday)
$NYMT

New bill will allow them to discharge all bad debt they hold which is a reset to start business over. Must be nice to be a corporation :lol:
Click to expand...

Let's see how deep the rabit hole goes.



TDLR
The bullion banks in New York and London got caught short of gold as buyers of futures contracts on Comex demanded delivery.
The Wall Street Journal reports that the scramble for physical gold was so desperate that the bankers in London asked the military for assistance in flying gold from London to New York.
 
Efkie said:
Let's see how deep the rabit hole goes.



TDLR
The bullion banks in New York and London got caught short of gold as buyers of futures contracts on Comex demanded delivery.
The Wall Street Journal reports that the scramble for physical gold was so desperate that the bankers in London asked the military for assistance in flying gold from London to New York.
Click to expand...


banks runs and liquidity risk - two terms brothas need to familiarize themselves with.

The fiat money will replace toilet paper soon.
 
Damn, $TOPS and the marine shippers still going.
I wonder what is going down? $SHIP is another ticker

I will look at the scanner for brothas. $NSPX still going as well.
 
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What are y’all watching today?

I’m holding $PVH until they report their earnings tomorrow.

Looking at getting a few shares of $INFY
 
$TOPS drops the inevitable offering, dropped to $0.21 and now back to $0.28

$NSPX up over 500% since my first post. Still going strong.
 
Anyone see $SGBX today? Up 400%. Less than $1M share float. With more volume it wil explode. They will definitely be having a share offering soon. Good short selling play once it happens.

the stimulus package will save a lot of these small businesses that publicly traded so I can see a lot more small caps and OTC stocks make people 6-7 figures in the next 30 days.
 
xfactor said:
Anyone see $SGBX today? Up 400%. Less than $1M share float. With more volume it wil explode. They will definitely be having a share offering soon. Good short selling play once it happens.

the stimulus package will save a lot of these small businesses that publicly traded so I can see a lot more small caps and OTC stocks make people 6-7 figures in the next 30 days.
Click to expand...
Couldn't find it on Robin hood gotta stop my game up
 
xfactor said:
Anyone see $SGBX today? Up 400%. Less than $1M share float. With more volume it wil explode. They will definitely be having a share offering soon. Good short selling play once it happens.

the stimulus package will save a lot of these small businesses that publicly traded so I can see a lot more small caps and OTC stocks make people 6-7 figures in the next 30 days.
Click to expand...

Based on what I saw with the small business loans and grants from the “stimulus,” it looks like bank stocks are gonna be sittin fat.

Tomorrow I’m gonna search and see if any are reporting earnings soon. I still don’t trust this market and don’t want to do any long term holds.

My goal is to hit a 15% gain and then jump out and look for the next.
 
Thrill3Seeker said:
Do you care to share details of how it hindered your moves, fam?
Click to expand...
I got hit with a Pattern Day Trader (PDT) warning. Said if I went through with the sale, it was possible for me to be labeled as a day trader. With that designation, I would be required to have $25k in my account. <--- I just started this stuff in Feb., so I can't play that game. :smh: This warning prevented me from selling a stock I saw dropping. So I had to eat the loss.

Turns out. when you sign up on Robinhood, they automatically place you in a margins account. You have to contact them to request a change to a CASH account. As a cash account, I can do as many day trades as what my balance allows.

For those who want to learn about PDT, here is one of the videos I watched yesterday:

 
funny is that $SGBX dropped an offering tonight :lol:. These shit corporations are so predictable.

banks, sub-prime lenders, mortgage loan companies will be booming. I posted a few above.

Thrill3Seeker said:
Based on what I saw with the small business loans and grants from the “stimulus,” it looks like bank stocks are gonna be sittin fat.

Tomorrow I’m gonna search and see if any are reporting earnings soon. I still don’t trust this market and don’t want to do any long term holds.

My goal is to hit a 15% gain and then jump out and look for the next.
Click to expand...
 
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