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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 05-18-2020, 10:34 AM   #4861
ThaVirus ThaVirus is offline
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Quote:
Originally Posted by neech View Post
MRNA ship is on course, no icebergs in sight.
That's great.

I was thinking about hopping on that one back in March when it was around $27/28 per share. That would have been my very first foray into investing in my own chosen stocks. Would have been a good one, but I chickened out because I thought the floor would keep falling.
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Old 05-18-2020, 10:38 AM   #4862
MahiMike MahiMike is offline
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Quote:
Originally Posted by Rain Man View Post
I don't do penny stocks, but my regular stock strategy is to sell off 80 percent if I find myself up 20 percent in a year (to avoid short-term capital gains taxes). That's for my non-IRA investments. In the IRA accounts I'll sell off earlier if I'm up 20 percent, because I don't have to worry about taxes in those accounts.

In a penny stock I'd probably sell any time I got up 20 percent because I feel like those can crater pretty fast.
Trailing stop %'s are your friend.
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Old 05-18-2020, 10:49 AM   #4863
MahiMike MahiMike is offline
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You guys didn't hear it from me but big stock dump likely coming this week. Take profits.
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Old 05-18-2020, 11:02 AM   #4864
loochy loochy is online now
Hey Loochy, I'm hooome!
 
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IBIO did well for me.
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Old 05-18-2020, 11:02 AM   #4865
Hammock Parties Hammock Parties is offline
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Quote:
Originally Posted by loochy View Post
IBIO did well for me.
Bro you gotta hold that shit.

I could take profit right now but I ain't gonna.
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Old 05-18-2020, 11:22 AM   #4866
lewdog lewdog is offline
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Quote:
Originally Posted by Strongside View Post
Got in on SRNE on Thursday. Big selloff at open today, but CEO is about to go on CNBC in a few mins. Might see another spike.
Big sell off the high today. Woof.
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Old 05-18-2020, 11:38 AM   #4867
JohnnyHammersticks JohnnyHammersticks is offline
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As a day trader I'm not sure I've ever seen anything funnier than Barstool Sports creator Dave Portnoy take a stab at day-trading. I'm addicted to watching him. Like watching a train wreck in slo mo, though he's made a comeback recently. Freaking hysterical (nsfw)

Spoiler!
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Old 05-18-2020, 11:41 AM   #4868
Hammock Parties Hammock Parties is offline
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He's ****ing hilarious.
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Old 05-18-2020, 11:55 AM   #4869
JohnnyHammersticks JohnnyHammersticks is offline
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Quote:
Originally Posted by Hammock Parties View Post
He's ****ing hilarious.
At the 14:00 mark this morning he realizes that his etrade is down and not letting him cut his RVLV long. Costs him about $20k before he finally gets filled. The 10-min rant is gold. Blames it on the "pinstripe suits".

(a lot of nsfw language)
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Old 05-18-2020, 01:05 PM   #4870
jdubya jdubya is online now
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My IBIO up 56% and VTVT up 46%......I`ll hold
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jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.jdubya is too fat/Omaha.
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Old 05-18-2020, 01:46 PM   #4871
Hammock Parties Hammock Parties is offline
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Originally Posted by jdubya View Post
My IBIO up 56% and VTVT up 46%......I`ll hold
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Old 05-18-2020, 02:06 PM   #4872
RunKC RunKC is offline
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Appfolio and Paycom and killing it
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Old 05-18-2020, 04:04 PM   #4873
Hammock Parties Hammock Parties is offline
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lmao
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Old 05-18-2020, 04:10 PM   #4874
DaFace DaFace is offline
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Originally Posted by Hammock Parties View Post
lmao
That's a lot of excitement for a guy who has lost 18x the amount he just gained.
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Old 05-18-2020, 04:15 PM   #4875
Hammock Parties Hammock Parties is offline
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Originally Posted by DaFace View Post
That's a lot of excitement for a guy who has lost 18x the amount he just gained.
That's actually not indicative of how he's doing.

That loss was all PENN stock before this started.

https://www.playpennsylvania.com/bar...ey-day-trader/

Quote:
The value of his Penn stock (PENN) started at $26.21 per share in February, when the deal was announced. It hit above $39 a few weeks later.

But virus restrictions took hold and upended markets.

Penn furloughed 26,000 employees, and also sold assets and tapped credit to ride out the storm. They also halted construction on two mini-casinos being built.

Penn shares hit a low of $3.75 on March 18. It’s been volatile since but is back up over $13 a share this week.

Portnoy’s streaming of his life as a stock trader began five days after Penn hit bottom.
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