Board 8 > Stock Topic 24

(+) Yeah! (+)

What impact would returning borrowed shares have on the price? Just giving shares back to the borrower wouldn't be a trade that impacts price at all. It's just changing ownership of those shares

That explanation had a lot to say about borrowing happening but then skipped right over the part where it explains how price is impacted and then concluded that it caused the price change.

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So excluding AMC (+$46k), I am roughly even for the year. What a disappointment. I made so many phenomenal trades but a few bad trades brings me to breaking even.

Sunroof posted...

So excluding AMC (+$46k), I am roughly even for the year. What a disappointment. I made so many phenomenal trades but a few bad trades brings me to breaking even.

This is the nature of investing. Most of your total gains are going to come from a few big winners. I am pretty sure at this point 100% of my gains for the last year come from just 3 companies - GME, SPCE, and CAR.

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Well in that case, I dont feel as badly. Though Id like more consistency

Lol, I got a packet in the mail informing me of a shareholder meeting because I own 12 shares of NMGRF... this can't have been cost efficient for them.

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Sunroof posted...

Well in that case, I dont feel as badly. Though Id like more consistency

If you want consistency pick a more consistent strat!

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red sox 777 posted...

This is the nature of investing. Most of your total gains are going to come from a few big winners. I am pretty sure at this point 100% of my gains for the last year come from just 3 companies - GME, SPCE, and CAR.

Same. AVCT +32k between commons and warrants, AMC +29k, and the grandaddy big gainer ENZC at +48k.

My biggest loss is only 5k on KOSS, which I mostly outweighed with +3.4k on GME that day (though feeling like a big dumb dumb for not holding - on trades like those I just wanted a better buy in like 80 to be more comfortable and I'm stubborn once I miss that buy in). Besides that most of my (realized) losses are much smaller too.

A few big trades is all you need. It's why I still consider myself more of a social arb trader than an investor. Plus I picked the worst time ever to transition into investing long term lol. Still hoping to get out at break even/modest profits soon in most of my trades and hope for a bearish market or especially a flash crash. Feel like one is going to happen at some point this year and I'm gonna want a lot of cash to throw at Tesla and crypto if those fall hard.

Totally cool holding huge position sizes in those for many years.

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StartTheMachine posted...

Same. AVCT +32k between commons and warrants, AMC +29k, and the grandaddy big gainer ENZC at +48k.

My biggest loss is only 5k on KOSS, which I mostly outweighed with +3.4k on GME that day (though feeling like a big dumb dumb for not holding - on trades like those I just wanted a better buy in like 80 to be more comfortable and I'm stubborn once I miss that buy in). Besides that most of my (realized) losses are much smaller too.

A few big trades is all you need. It's why I still consider myself more of a social arb trader than an investor. Plus I picked the worst time ever to transition into investing long term lol. Still hoping to get out at break even/modest profits soon in most of my trades and hope for a bearish market or especially a flash crash. Feel like one is going to happen at some point this year and I'm gonna want a lot of cash to throw at Tesla and crypto if those fall hard.

Totally cool holding huge position sizes in those for many years.

Yes, percentage of trades that are winning is a totally unimportant statistic. If you have a lot of losing trades but your winning trades tend to be bigger, it may just be because you tend to exit losing trades early. That, or perhaps that you are investing more money into high conviction trades and those are turning out better, as you would expect.

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Yeah amc is my big winner. I think I was in it before anyone else when it was less than 3 dollars and calls were around 50 cents. I have had other good trades but amc is the only one where I was in before a massive spike and for a good amount of money.

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AMC was +50k originally but Lopen had to be a super bull and I believe in him too much, that damned deviant!

No one could have predicted the Robinhood fiasco, but he's still a deviant

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https://www.marketwatch.com/tools/screener/short-interest

No fucking wonder ATNF has been killing it for me. I bought because it finally dipped and I believe in their long term potential enough! Time to double down on their inevitable run to 20+ ;)

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LAZR is pretty high up that list. BTW, Masterplum, I gave up on VLDR a while back but am holding onto LAZR.

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Hey I could have had +60k from AMC if I didn't super bull myself but instead only got like +35k. Oh well

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CoolCly posted...

What impact would returning borrowed shares have on the price? Just giving shares back to the borrower wouldn't be a trade that impacts price at all. It's just changing ownership of those shares

That explanation had a lot to say about borrowing happening but then skipped right over the part where it explains how price is impacted and then concluded that it caused the price change.

If you are talking about shorting, the problem with returning borrowed stock is that to short it you have sold your borrowed stock to someone else at the high rate. When it comes time to return the borrowed stock, you are supposed to buy a stock at the new lower price to return the stock you borrowed. Thus netting the money you gained by selling your borrowed stock at the higher price after you deduct the cost of the price of the stock you had to buy after to return it.

If the stock goes up, you are buying at a higher price to return the borrowed stock. Thus, you lost money.

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Corrik7 posted...

If you are talking about shorting, the problem with returning borrowed stock is that to short it you have sold your borrowed stock to someone else at the high rate. When it comes time to return the borrowed stock, you are supposed to buy a stock at the new lower price to return the stock you borrowed. Thus netting the money you gained by selling your borrowed stock at the higher price after you deduct the cost of the price of the stock you had to buy after to return it.

If the stock goes up, you are buying at a higher price to return the borrowed stock. Thus, you lost money.

Ironically, even this isn't an explanation on how borrowed shares can affects the price of a stock, Decent explanation of how you gain or lose when you short sell though.

Returning borrowed stock would typically mean you have to buy the stock you sold back again. This buying action would increase the price of the stock (which is the logic behind the short squeeze). That explanation ExTha quoted says that somehow returning borrowed stock causes the price to go down. If they held it instead of selling it, they wouldn't have to buy it back so it wouldn't cause the price to increase. But why would it possibly make it go down for any reason?

The only thing I can think of is that the institution that lent the shares will immediately sell anything returned to them, but I'm not aware of any reason to assume this must happen, and happen all at once. From what I understand, brokers are actually lending out shares of their users, so they probably need to retain a lot of the returned shares.

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So we're still basically just lost then as to how a stock is driven down 100+ dollars in a matter of seconds on low volume?

I'm sure the SEC and anyone else in charge of regulating this shit will go after retail investors on reddit again instead of people with the power to actually do shit like that. Because this country is awful.

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ExThaNemesis posted...

So we're still basically just lost then as to how a stock is driven down 100+ dollars in a matter of seconds on low volume?

I'm sure the SEC and anyone else in charge of regulating this shit will go after retail investors on reddit again instead of people with the power to actually do shit like that. Because this country is awful.

We don't know that anything illegal happened. Selling large quantities of stock quickly isn't inherently illegal, right? And yesterday's action was not inconsistent with someone just submitting a market order to sell 1 million+ shares at once. I wouldn't even call it necessarily unfair - more of a wakeup call to people that they shouldn't be using stop loss orders.

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StartTheMachine posted...

https://www.marketwatch.com/tools/screener/short-interest

No fucking wonder ATNF has been killing it for me. I bought because it finally dipped and I believe in their long term potential enough! Time to double down on their inevitable run to 20+ ;)

im still on this pony


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OTRK is the one that screwed me but potentially worth a long term gamble - their tech is nice and their business works well for them. They lost their biggest client tho

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Ontrak partners with insurance companies/healthcare providers to identify behavioral health issues for patients. If you have a patient that might have issues with a medication or treatment, then you'll likely see a lot of extra costs from that patient due to undiagnosed behavioral health issues. Ontrak saves a bunch of money for providers/insurance. In theory it also works to help patients though that doesn't seem to be a primary goal.

They make a ton of money - but they lost their biggest contract. I bought at 58, felt like diamond hands at 90 and then it fell apart and I sold for a loss on the way down. Note I only had like 800 bucks of this stuff. If I didnt have a little bit of baggage with OTRK, I'd probably think that this is a good time to put a little bit in.

RIGL is my other "this might be a good long term gamble". I have 1000 bucks in them, and if their R552 stuff works for Eli Lilly, then I'd expect the stock to do pretty well. But we're a ways off from that. Not even in phase 2. Eli Lilly is gearing up to figure out how they want to market it - there's a decent chance this is going to be one of the next commercials where they list 2 minutes of side effects in a couple of years. I also have Eli Lilly but have had them for a while.

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If the Bid/Ask is 14/14.50 and I do a market order, what will I buy it at?

14.50 assuming there is enough volume available at 14.50 to fill your order. Otherwise you will pay higher ask prices as needed until the volume of your order is filled.

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Thanks

NNDM doing great. Wish I bought more lol.

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Also, limit orders are awesome. The feeling of checking a stock price, finding that it is well below your limit order, and then seeing the daily high is above it, and knowing that I almost certainly got my sell order filled at or above the limit price, is great.

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NNDM had their earnings today or yesterday or something. Wish I held but oh well.

Oh hey, all 18 of my stocks are green for the day at the moment. That seems pretty unusual with that many.

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Im currently only holding Disney. Want to get into some more but with such a green streak I dont know if its a good idea.

Almost back to where I was before the fpvd disaster

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masterplum posted...

Almost back to where I was before the fpvd disaster

That is like the last stock I would have thought you would go into given the way you usually post.

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red sox 777 posted...

That is like the last stock I would have thought you would go into given the way you usually post.

Honestly I got greedy and i tried to buy into hype. The exact type of business didnt matter.

It was a good lesson. I dumped it for a big loss a few days ago

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I also made a big mistake with my RKT box, but that one was a more reasonable mistake where I boxed the wrong price. Im still mildly optimistic that position will come back and Im still basically holding the position while rolling out the legs every week

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My main mistakes right now are DNN calls that are looking dodgy (I didn't buy the 3/19s but I did buy a lot of the June $2.5s) and like 4k of Aethersys calls that are gonna expire worthless.

Feel good about the rest of my losses lately. Should be temporary. Like FUBO and CREXW look down by like 2k each but I like the stock

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Yeah, I have 1000 shares of DNN. Not completely sold on it, but its interesting

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I have

1200 shares (cost of around $1.30)

40 $2.5 April Calls
60 $2.5 July Calls

I'm feeling bullish about the shares so don't really care about that and if the July calls print that'll offset the loss on the April calls but I'll lose like $3000 if neither print which would suck.

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I have 2222 shares of DNN I wish I didnt

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My main mistake was Nokia

I'm in DNN but I don't really consider that a huge mistake since i put so little into the riskiest calls
500 shares at $1.33
25 3/19 $2.5 calls for maybe 200 total
10 7/16 $1 calls for ~950 that I might just convert to shares at some point

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DNN was always a long hold for me with a decent chance at a short-term spike. Might have this one for a year or two to see what happens.

SCR up 8% since I mentioned it a few days ago. Damn.

Im going big in peloton. Real big. Analysts say its 12-month forecast is $178 average. Currently at $116. Been getting crushed lately with the rest of NASDAQ, though its recovered somewhat the past week. Im going $100k deep and trying to not touch it. And use my other $150k for normal trading.

So whats the over/under on how long I actually hold PTON, 2 days?

I'll give you till Monday

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i figure if it goes up 10% youre totally out but 5% wouldnt surprise me

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Hell yeah, $5k!

This may be the last day you can get CREX on the cheap. See you guys when I've made 100k.

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What is so good about CREX?

Oh god I can sell PTON right now for $1k

VLDR FINALLY recovering

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Im scared of VLDRs chart

Just looked into CREX, looks promising! I like they actually make money!

All right Lopen, I'm in with you. Just bought 1000 shares

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