Board 8 > Stock Topic 4

(+) Yeah! (+)

Ugh. Shouldve gone into NUGT. It will keep net gaining every two weeks.

I think I'm also getting into cruiselines. Was just going to go into Carnival unless anyone has a better suggestion.

Also, do stock prices usually fall after the market closes? It seems that way. Draftkings fell a bit and I should've waited. But at a 100 shares it's just like $70 less that I could've bought them at, so no biggie at all.

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I am still at loss with Carnival and Delta. Was dumb enough to enter in the pre-market rally last week. Then when the trading started they crashed. Lost about 15% on Carnival in a matter of minutes. Holding long term with small amount so whatever, but it was scary and it sucked

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The cruise lines will go up. Especially once they reopen.

Not sure how long DK can sustain its run. Even if it dips, I reckon itll go up over time.

Nanis23 posted...

I am still at loss with Carnival and Delta. Was dumb enough to enter in the pre-market rally last week. Then when the trading started they crashed. Lost about 15% on Carnival in a matter of minutes. Holding long term with small amount so whatever, but it was scary and it sucked

Never trade pre-market or after market. Way too risky. Even if you're a pro.

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Gotta be patient with cruise lines.

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I'm not confident to put down any money with how fucked up everything is right now but if I were, I'd absolutely not recommend ZM. I feel like that's going to be a long term loser there. Short term its probably okay.

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Who is ready for some FRESHLY BREWED COFFEE

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Draftkings not looking good this morning. :( Here's hoping for a rebound.

And guys check out GNUS stock. Debating pulling out of DKNG and reinvesting it all, shit if not my other stocks too, in that little bad boy.

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Lol at LK. I still dont trust it.

Whats with GNUS increasing?

Every single one of my stocks is green. And you thought we should care about the peasant uprising

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https://www.globenewswire.com/news-release/2020/05/13/2032791/0/en/Genius-Brands-International-Issues-Shareholder-Letter.html

I'm assuming this is why Genius is surging, Moonroof. Can't think of anything better than a streaming service for long-term gains. I missed out on Draftkings, not missing out on this one!

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StartTheMachine posted...

https://www.globenewswire.com/news-release/2020/05/13/2032791/0/en/Genius-Brands-International-Issues-Shareholder-Letter.html

I'm assuming this is why Genius is surging, Moonroof. Can't think of anything better than a streaming service for long-term gains. I missed out on Draftkings, not missing out on this one!

Thanks for the heads up!

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Idk about GNUS because its still a meme stock. Im still looking at NUGT, it went down a decent chunk tonight so I may buy into at 355pm.

Im putting $30k into NUGT. Ill hold for months if I have to. Hopefully it doesnt take that long. Im just looking for 5% gain.

I wouldn't hold NUGT for any appreciable amount of time. Check out its all-time graph - this is a product with very significant time decay. It goes down in value if the underlying stocks stay even. It's down about 99.9% since 2012.

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Finished up 8% over all my investments today.


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red sox 777 posted...

It goes down in value if the underlying stocks stay even. It's down about 99.9% since 2012.

Quite curious about this phenomenon

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I expect it to cool off at some point but Genius making me look like a Genius

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Disregard NUGT. My platform wouldnt let me buy it since its inversed, whatever that means.

Correct up 10% for the day, thank you Genius.

Meme stocks forever.

Please don't crash all the way, you can crash a little bit from this but give me mooooneyz

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Did I read here not to buy on the after market? I'm want to go all in on Genius.

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There's a difference between placing an order after hours which executes the next day and doing after hours trading.

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StartTheMachine posted...

Did I read here not to buy on the after market? I'm want to go all in on Genius.

Wait until 10 am tomorrow.

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Will hold off til 10 am tomorrow, thanks Chris. Actually wait, can you explain why it's better to hold off until then? Do prices just soar during the after market and usually open lower?

Every piece of news I can find on this stock is good - Disney owns shares, Stan Lee's making a bunch of shows for it, and again, it's a streaming service. How many of those fail? The pandemic only helps in this case.

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StartTheMachine posted...

Will hold off til 10 am tomorrow, thanks Chris. Actually wait, can you explain why it's better to hold off until then? Do prices just soar during the after market and usually open lower?

Every piece of news I can find on this stock is good - Disney owns shares, Stan Lee's making a bunch of shows for it, and again, it's a streaming service. How many of those fail? The pandemic only helps in this case.

Stan Lee is dead, first off.

Secondly stocks are a confidence game. You will lose very little value overall by making sure it doesn't drop in price at open.

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whoops yeah he is, how did I forget that! well they have a lot of shows he concieved before his passing. and gotcha, that's what I was thinking the other possibility was, just making certain there was no major drop early

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Yeah I have a few thousand in it. It looks good.

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I sold off my other stocks except SAVE (Spirit Airlines) and EVRI so I think I'm dumping all my gains from today in Genius if it opens strong tomorrow. Some analysts are predicting it could reach 8.

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I may hop aboard the GNUS train. Up 1,000% in one month though, might it have peakEd?

My cousin bought in early in GNUS makes no sense to me. I would avoid it

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The problem with buying on good news is that by the time you've seen the good news, everyone else has too. So the news is "priced in" to the stock price.

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Even if it goes back down, it's bound to go up on the 15th

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Whys that?

It's premiering its "Kartoon Network" streaming service with all kinds of partners on the 15th. This guy goes about as in depth as you can get on the company:

https://www.youtube.com/watch?v=DCzIurT1j1Y

Looks on point.

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So far GNUS is making me look like an asshole for preaching a cautious approach <_<

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And then GNUS drops 35 cents pre market

This is why Pre market chickens shouldn't be hatched =P

Who knows where it will be by 10

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barreldragon88 posted...

Even if it goes back down, it's bound to go up on the 15th

This is categorically wrong.

if it is guaranteed to go up on the 15th it would go up now in anticipation of the 15th

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GNUS going up on the pre-market now. Aghhh still haven't made the call on getting more shares.

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or I can be wrong and Gnus is just never ending <_<

my advice in general is not bad though.

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just bought an unhealthy amount of more shares at 5

all in, yolo, and remember: Simpsons predicted GNUS at 9

https://www.reddit.com/r/pennystocks/comments/gvf6ds/simpsons_predicted_gnus_at_9/

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Bought $10k of GNUS at $5.75.

Moonroof posted...

Bought $10k of GNUS at $5.75.

why did you curse my stock

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You werent even the first one who posted it here! OT were you?

It's okay Chris let's calm down over some coffee

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Fine! I sold at $5.85 just so that my bad luck does not ruin your guys success.

Moonroof posted...

Fine! I sold at $5.85 just so that my bad luck does not ruin your guys success.

ty

also mm, coffee.

I love me some coffee, Lopen.

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Omg its soaring Lmfaoooo YOURE WELCOME

So I am up 2k today.

may the meme never end.

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