Economy Stock market chat v3: Tesla crashes

[brackis1]

Trying to figure out why I shouldn't bet the farm on CZR.
$10 stock, going to get sold somewhere between 11.50-13...El Dorado just sold 3 casinos to raise cash...

 

[JonesBones]

 

[brackis1]

Pretty surprised this carried so high while RVLV sat flat. Thought a china trade tease would appeal to a fast-fashion stock.

MGI back at 3.7. Wild to see this thing do 25x normal volumes.

 

[JonesBones]

Pretty surprised this carried so high while RVLV sat flat. Thought a china trade tease would appeal to a fast-fashion stock.

MGI back at 3.7. Wild to see this thing do 25x normal volumes.

I sold too soon. Last of them I sold at 3.40. I was buying at 3.25 and selling at 3.35. Got most of my money back. My average from buying the night before was around 3.70 so I tried to average down and it pretty much worked. Very small loss.

 

[JonesBones]

Keeping track of all these stocks is difficult. I may need an assistant.

 

[brackis1]

I sold too soon. Last of them I sold at 3.40. I was buying at 3.25 and selling at 3.35. Got most of my money back. My average from buying the night before was around 3.70 so I tried to average down and it pretty much worked. Very small loss.

Yeah it was a really strange deal they made and smells of manipulation.
There's very little reason why Ripple should be buying warrants and rights to shares @4.10 if it was trading at 1.45.
I see this going about the same as the Fox+TSG deal a few weeks ago where we hover around the deal amount and then it runs down when ppl realize the deal was kinda shit

edit: Damnj had a chance to short at 4.05 and went back to 3.75 too quick ;(

 

[MikeMcMann]

do you guys care to follow any Penny Stocks with low liquidity?

I just bought in to one and will be holding for the balance of the year hoping for 200% gain or so which I think offsets the 'micro' risk.

 

[JonesBones]

do you guys care to follow any Penny Stocks with low liquidity?

I just bought in to one and will be holding for the balance of the year hoping for 200% gain or so which I think offsets the 'micro' risk.

Ya I've been known to dabble in stocks under $5 with low liquidity.

You can buy 5 if you want to and only one has to double or more.

I got a list for ya, what do you got?

arlo, chap, wow, cldr, mark, infn, optn, toca

 

[brackis1]

Ya I've been known to dabble in stocks under $5 with low liquidity.

You can buy 5 if you want to and only one has to double or more.

I got a list for ya, what do you got?

arlo, chap, wow, cldr, mark, infn, optn, toca

He is talking about things worth like 1/10th of any of these.

 

[MikeMcMann]

Ya I've been known to dabble in stocks under $5 with low liquidity.

You can buy 5 if you want to and only one has to double or more.

I got a list for ya, what do you got?

arlo, chap, wow, cldr, mark, infn, optn, toca

Well I used to work with the guys running with this one and know their track record and success. This a VAR roll up strategy where they are acquiring a bunch of these very low margin business Value Added Reseller companies and using their expertise and the existing client list to hopefully sell thru some very high margin Cloud and other services. If they get the sell thru they will take the Buillions of very low margin revenue they are generating and turn that into significant profit.

everything I said is out in the public btw.

I bought a decent chunk at $0.85 and will ride this into the new year and see where it goes. If they get any traction on their layered revenue Cloud Services with the existing client base it will pop. If they don't then, not so much.


Converge Technology Solutions Corp.
Exchange: TSXV Exchange

https://web.tmxmoney.com/quote.php?qm_exchange=CDX&qm_page=23965&qm_symbol=CTS

 

[rob mafia]

Ya I've been known to dabble in stocks under $5 with low liquidity.

lolz @ this understatement

<[analyzed}>

 

[JonesBones]

Sabre downgraded by Goldman to sell. This is the company behind all the travel software I was talking about. I'm gonna open a position here.

 

[JonesBones]

Sabre making a comeback

nice swing on netgear. bought it for a dollar less yesterday

 

[brackis1]

I shorted Winnebago, they missed badly on revenue and still up 1% wtf lol

Tried to short PETQ as a CHWY proxy...chwy down 5% Petq up 4% lol fuck me

 

[JonesBones]

im buying some chewy here. could have sold it for almost 38 this morning but i decided not to. Now I am buying in 35.30s

 

[JonesBones]

yeti gonna crash? looks like it is playing bumper cars with the bollinger bands. it did hit the top of the bands before tho and continue to rise.

 

[JonesBones]

@brackis1

take a peek

https://www.instagram.com/yetibuttsdaily/?hl=en

 

[rob mafia]

@brackis1

take a peek

https://www.instagram.com/yetibuttsdaily/?hl=en

to the moon!

 

[JonesBones]

oil with a nice comeback

 

[brackis1]

@brackis1

take a peek

https://www.instagram.com/yetibuttsdaily/?hl=en

lol Ive seen that for months.
I'm salty I didn't dip my toes in option puts on this trash when I couldnt get shares