Current Events > Stock Market General #21

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TheGoldenEel
02/12/21 2:35:33 PM
#152:


Trying to figure out if I should just dump the stupid meme stocks I put a bit into when I first started doing this a couple weeks ago

down big on NOK, AMC, and SHLDQ

do I hold out long term?

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BignutzisBack
02/12/21 2:35:51 PM
#153:


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delvec19
02/12/21 2:38:36 PM
#154:


I'll see you all on Tuesday. Getting away from all these penny stocks and putting my money in blue chippers and listening to only legit sources from now on. Peace Reddit, Discord, and Twitter forever when it comes to investing.

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Tactical_Spork
02/12/21 2:39:11 PM
#155:


TheGoldenEel posted...
Trying to figure out if I should just dump the stupid meme stocks I put a bit into when I first started doing this a couple weeks ago

down big on NOK, AMC, and SHLDQ

do I hold out long term?
Ive been in the same boat; eat the huge loss and just use the money thats left for better trades, or hold long term? Still have AMC and GME lol

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#156
Post #156 was unavailable or deleted.
PatrickMahomes
02/12/21 2:44:19 PM
#157:


Can someone refresh my memory on the "product" that ZOM is popping out in March? What is it and is it really a sure thing?

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lilORANG
02/12/21 2:44:48 PM
#158:


AMC isn't a meme. It's just a long hold until theaters come back.
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#159
Post #159 was unavailable or deleted.
__aCEr__
02/12/21 2:50:38 PM
#160:


Yeah I would hold AMC at least through the rest of this year.

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DyingPancake
02/12/21 2:51:59 PM
#161:


Grubhub posted...
Do we still like ENZC?

Its a long hold so yes

Jumped on the HCMC train on this dip. Hope that plays out this month

Might put a little more in ZOM and I think Im done for awhile until I take some gains

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CableZL
02/12/21 2:53:58 PM
#162:


Bought 6 shares of AMC just now. Gonna buy more soon, but that's about all the capital I can put in at the moment.

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lilORANG
02/12/21 2:56:03 PM
#163:


Why do people like HCMC? Is there some expected growth there? Just doesn't seem like the kind of company to blow up based on my cursory review of it.
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Lebronwon
02/12/21 2:56:09 PM
#164:


TheGoldenEel posted...
Trying to figure out if I should just dump the stupid meme stocks I put a bit into when I first started doing this a couple weeks ago

down big on NOK, AMC, and SHLDQ

do I hold out long term?

I cut my losses on all the stocks I had that got lumped in with it which where NOK, AMC, EXPR, and BB. And put them into new trades. I felt the party ended and the graphs for them all show January 27th as a high point. Plus the media stopped talking about it.

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DyingPancake
02/12/21 2:57:57 PM
#165:


lilORANG posted...
Why do people like HCMC? Is there some expected growth there? Just doesn't seem like the kind of company to blow up based on my cursory review of it.

Banking on the court case at the end of the month

Dont see it blowing up at all but hitting a few cents is very possible and that would make a nice gain for me

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TheGoldenEel
02/12/21 2:58:06 PM
#166:


lilORANG posted...
Why do people like HCMC? Is there some expected growth there? Just doesn't seem like the kind of company to blow up based on my cursory review of it.
I honestly dont know. Theres some talk of a lawsuit theyre poised to win but I dont think they have a realistic shot of even reaching a penny/share

I got in early so Im in for some decent short term gains but its not going to take off like some people are expecting

imo of course I am not a financial advisor

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CE_gonna_CE
02/12/21 2:58:08 PM
#167:


Will my covered call for $2 on SNDL execute by end of day or not and will I have to sell the 100 shares? That is the question. Been bouncing above and below the mark for quite some time now.

Interested to see what it does next week.

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Tactical_Spork
02/12/21 2:58:35 PM
#168:


PatrickMahomes posted...
Can someone refresh my memory on the "product" that ZOM is popping out in March? What is it and is it really a sure thing?
Animal diagnostics equipment meant to reduce reliance on time-intensive lab testing, has some pretty good distribution lined up already from the looks of it too. Im hopeful but I also dont know shit. Well see how it does!

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#169
Post #169 was unavailable or deleted.
Lebronwon
02/12/21 3:09:35 PM
#170:


Tactical_Spork posted...
Bought up to a full share of sq and bought a few more ldi shares, think thatll be it for today

Yea. I also got shares of SQ and LDI. Also put some into a bit more risk but higher reward stocks of MARA, PENN, and CLII. I usually sell all my stocks while im up before a three day weekend but will try holding them for once for a month to see what happens.

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Lebronwon
02/12/21 3:21:15 PM
#171:


Was wondering what happened to HYLN. Checked WSB and found out it was one of their stocks they targeted kinda glad I avoided that one. Hopefully others that were in that pump and dump got out in time.

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littlebro07
02/12/21 3:22:02 PM
#172:


Wooo ENZC recovering

might even go green

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Lebronwon
02/12/21 3:25:19 PM
#173:


WSB top 10 mentioned stocks for anyone wondering if something they are in is being targeted by them.




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TheGoldenEel
02/12/21 3:25:57 PM
#174:


littlebro07 posted...
Wooo ENZC recovering

might even go green
Lets not get carried away

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littlebro07
02/12/21 3:28:03 PM
#175:


TheGoldenEel posted...
Lets not get carried away

yeah nevermind for some reason I thought it opened at .62 not .65

might still make it to low 60s though

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Lebronwon
02/12/21 3:28:59 PM
#176:


CCIV going wild. And I cant even find news if that Lucid merger happened. That stock is so confusing I have no idea what is even pumping it most of the time.

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PatrickMahomes
02/12/21 3:29:22 PM
#177:


Lebronwon posted...
WSB top 10 mentioned stocks for anyone wondering if something they are in is being targeted by them.

In other words, sell all of these?

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Tactical_Spork
02/12/21 3:29:38 PM
#178:


What do yall keep an eye on for news?

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TheGoldenEel
02/12/21 3:29:47 PM
#179:


Lebronwon posted...
CCIV going wild. And I cant even find news if that Lucid merger happened. That stock is so confusing I have no idea what is even pumping it most of the time.
Damn I sold earlier this week lol

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WrkHrdPlayHrdr
02/12/21 3:29:53 PM
#180:


CE_gonna_CE posted...
Will my covered call for $2 on SNDL execute by end of day or not and will I have to sell the 100 shares? That is the question. Been bouncing above and below the mark for quite some time now.

Interested to see what it does next week.

I'm new to all of this but I wouldn't think so. It's too close to the strike price to make money for them. If it goes down lower before close maybe.

check it out here: https://www.optionsprofitcalculator.com/

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WrkHrdPlayHrdr
02/12/21 3:34:29 PM
#181:


Anyone else in to HITIF? (High Tide) Has a lot of solid DD behind it. I'm in hard.

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RedJackson
02/12/21 3:36:43 PM
#182:


PatrickMahomes posted...
In other words, sell all of these?

Not ZOM

ZOM has been around before WSB and was steadily climbing and falling up and down with solid news.. the jump from 1.30-2 mightve been WSB though since there wasnt really in the news or some sort of catalyst

People might be gravitating to this because theres a more or less solid sell of date (March) as opposed to just pumping at a random time to sell whenever the biggest cat jumps off the table

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C6Driver
02/12/21 3:38:39 PM
#183:


Lebronwon posted...
WSB top 10 mentioned stocks for anyone wondering if something they are in is being targeted by them.

So glad I don't own any of those.

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''The future's uncertain and the end is always near.'' Jim Morrison
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Lebronwon
02/12/21 3:39:44 PM
#184:


PatrickMahomes posted...
In other words, sell all of these?

It up to you. If you feel they got a future they should be able to recover from any WSB induced dip. When they dump the stock.

Out of that list I only have a position in ZOM. Was considering AMD but might wait a bit after finding out it might be a meme target.

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Lebronwon
02/12/21 3:42:28 PM
#185:


TheGoldenEel posted...
Damn I sold earlier this week lol

Only thing I can think of is maybe people are loading up on the stock in case the CCIV/Lucid deal gets announced over weekend. Cant find anything else.

That stock is so easy to swing trade. I still have a couple shares. I will see what happens on Tuesday. If there isnt a deal mentioned by the open I will sell it.

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CE_gonna_CE
02/12/21 3:49:16 PM
#186:


WrkHrdPlayHrdr posted...
I'm new to all of this but I wouldn't think so. It's too close to the strike price to make money for them. If it goes down lower before close maybe.

check it out here: https://www.optionsprofitcalculator.com/
That was the case, pretty much. I went ahead and bought out of the call with $5 (got $60 from the sell, so $55 net profit) then immediately sold a new call for next week @ $40.

I definitely see the money to be made with this strategy, but still dont have complete confidence to play around with much more than $50-$100 here and there with shares in a stock/ETF I can live with selling if I have to.

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WrkHrdPlayHrdr
02/12/21 3:53:41 PM
#187:


CE_gonna_CE posted...
That was the case, pretty much. I went ahead and bought out of the call with $5 (got $60 from the sell, so $55 net profit) then immediately sold a new call for next week @ $40.

I definitely see the money to be made with this strategy, but still dont have complete confidence to play around with much more than $50-$100 here and there with shares in a stock/ETF I can live with selling if I have to.

Pretty much where I am myself. The whole WSB thing got me interested and I already had a TD Ameritrade account I got as a gift with a few crappy stocks in it. Over the past two weeks if I'm not at work i'm learning about the market. Bought and sold my first calls on Tuesday/Wednesday. But I'm with you... I'm afraid of making a mistake. And I don't mean pick a bad stock or something but I mean sell a non-covered call instead of buy one.

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C6Driver
02/12/21 4:14:43 PM
#188:


Of the notable 35 stocks on my PS watch list, only SFOR has been doing the best all day thus far.


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CE_gonna_CE
02/12/21 4:26:40 PM
#189:


WrkHrdPlayHrdr posted...
Pretty much where I am myself. The whole WSB thing got me interested and I already had a TD Ameritrade account I got as a gift with a few crappy stocks in it. Over the past two weeks if I'm not at work i'm learning about the market. Bought and sold my first calls on Tuesday/Wednesday. But I'm with you... I'm afraid of making a mistake. And I don't mean pick a bad stock or something but I mean sell a non-covered call instead of buy one.
Yeah... Im on RH and from what I can tell it wont allow for selling naked calls, so no risk there. The risk for me is just not wanting to lock myself into selling shares Im planning on holding forever, which is the vast majority of my portfolio.

Example - Ive been holding onto 100 ROKU shares since it was ~$40. As tempting as some of the premiums look, I want zero risk of selling.

It makes me feel better about going out and buying 100 shares of a cheap stock and just playing around though.

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Tactical_Spork
02/12/21 4:28:35 PM
#190:


Im just gonna hold what I got for now unless I see ridiculous gains I can take or something. Interested in doing penny stock gaming still but I wanna get in the green before I get heavy into that madness. I cant keep dumping money for nothing lmao.

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Lord_Shadow_19
02/12/21 4:31:51 PM
#191:


I feel like the name of the game is to do the opposite of what WSB does.

Some of those stocks are solid investments though regardless of WSB position. Tesla and AMD seem solid.

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CableZL
02/12/21 4:36:21 PM
#192:


I need etrade to hurry up with my tax document so I can file

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Lord_Shadow_19
02/12/21 4:39:23 PM
#193:


CableZL posted...
I need etrade to hurry up with my tax document so I can file

Me too! Time is money dammit!

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littlebro07
02/12/21 4:39:54 PM
#194:


well

Im up like $1400 in ENZC from last Friday

not too sad even though I was briefly up over $20,000 from last Friday

wouldve felt nice going into the weekend with over 50k lol

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Dat_Cracka_Jax
02/12/21 4:54:25 PM
#195:


littlebro07 posted...
well

Im up like $1400 in ENZC from last Friday

not too sad even though I was briefly up over $20,000 from last Friday

wouldve felt nice going into the weekend with over 50k lol
Let's get back there next week

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lilORANG
02/12/21 4:56:13 PM
#196:


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lww99
02/12/21 4:57:07 PM
#197:


Im afraid what sndl is gonna be by Tuesday morning Lmfaoooo.

i got memed

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yunalenne10
02/12/21 5:01:59 PM
#198:


My $1000 made $300, but I'm not cut out for this.

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TheGoldenEel
02/12/21 5:04:35 PM
#199:


lww99 posted...
Im afraid what sndl is gonna be by Tuesday morning Lmfaoooo.

i got memed
SNDL is long term

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lww99
02/12/21 5:12:40 PM
#200:


yunalenne10 posted...
My $1000 made $300, but I'm not cut out for this.
Its very stressful. I feel my hair turning grey!

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Lord_Shadow_19
02/12/21 5:40:54 PM
#201:


TheGoldenEel posted...
SNDL is long term

Possibly, I made around 300 from them so if they get low again ill rebuy

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