So after the ridiculous runs by KODK and KNDI, I chased ECOR, PRPO and CYCC after huge runs. I Literally placed market orders during halts, just dumb. ECOR - up 67% CYCC - up 3% PRPO - down 25% of course the PRPO was for about twice as much as the others, so my net gain is like $10. I’ll probably wake up down $200 tomorrow
You held PRPO? I thought for sure they would announce and offering so made my gains and gtfo held ECOR and SPAQ still got my long of NAK but probably sitting on that for a bit until buyout
I didn’t just hold it... I bought it AFTER the run up, at like $7. Fortunately they are cancelling each other out.
They extended the date of the merger I think, seems to be an overaction. Added more at 12.25 Edit added a bit more at 11.75 That'll probably be the last I add though
I’m really good at options. All have been nicely in the green at some point and instead of selling I’m watching my money get deleted.
This is me. I’ve gone through several series of extreme ups and downs since March, we’re talking like 6-7 days of my entire account swinging 15-20% or more, all to end up almost exactly where I would be if I’d just put it in an ETF at the very bottom on March 18th (up about 45%). I closed out a ton of stuff today and am now trying to set some rules for myself moving forward in terms of how much I risk on YOLO penny plays or options
yep, I need to set some rules for myself so I don’t get greedy. I should have had a really good week and instead I’m down a decent amount
Hoping PR Monday now for TRV027 study start. Probably going to sell 30% of my position next Thursday. How do you plan to play it?
that’s probably a good idea i’m not the greatest when it comes to timing when to get out so i’ll probably do something similar since this is your baby i like your plan though, just to lock in some profits in case there’s a major dump off up to $2.35 and looking like it wants to go a little more
I was in Mara from .70 to .90. That company is shit so I’m sure it’s gonna go back to pennies soon unless they change their business.
Yeah I was just saying don’t be long in it. Usually it just plays off Bitcoin. Riot is another good name in that field
I decided to fuck around and open a Discord for TMB Stocks & Gambling. Idk if anyone wants to join but https://discord.gg/CdkUMP
https://www.nytimes.com/2020/07/31/business/kodak-ceo-stock-options.html?searchResultPosition=1 Kodak C.E.O. Got Stock Options Day Before News of Loan Sent Stock Soaring The stock options suddenly were worth about $50 million — the latest instance of extraordinary good timing by corporate executives. Spoiler By Jesse Drucker and Ellen Gabler July 31, 2020 At the beginning of this week, the Eastman Kodak Company handed its chief executive 1.75 million stock options. It was the type of compensation decision that generally wouldn’t attract much notice, except for one thing: The day after the stock options were granted, the White House announced that the company would receive a $765 million federal loan to produce ingredients to make pharmaceuticals in the United States. The news of the deal caused Kodak’s shares to soar more than 1,000 percent. Within 48 hours of the options grants, their value had ballooned, at least on paper, to about $50 million. The government loan is part of a broader federal effort to increase the country’s ability to respond to the coronavirus and future pandemics. The deal was announced on Tuesday. President Trump said the federal loan from the U.S. International Development Finance Corporation would help reduce the United States’ reliance on other countries, in particular China and India, for the vast majority of ingredients used to make generic drugs. Mr. Trump called the Kodak deal “a breakthrough in bringing pharmaceutical manufacturing back to the United States.” Kodak said it was creating a new pharmaceuticals division and will expand its facilities in Rochester, N.Y., and St. Paul, Minn. The division will eventually have the capacity to produce as much as 25 percent of the active ingredients used in generic drugs in the United States. Kodak has been in the chemicals business for more than a century and “has the facilities sitting there ready to go,” Mr. Continenza said in a TV interview this week. It’s unclear whether the ingredients that Kodak makes will have any role in the fight against the coronavirus. Kodak will coordinate with the federal government and other manufacturers to figure out which ingredients to make, prioritizing those that are deemed critical to Americans and national security. Arielle Patrick, a spokeswoman for Kodak, declined to answer questions about why the directors were granted stock options in May. On the same day that Kodak was alerting the local media to its about-to-be-announced deal with the Trump administration, the compensation committee of the company’s board voted to award Mr. Continenza 1.75 million stock options that allow him to purchase shares at prices ranging from $3.03 to $12. By Wednesday morning, Kodak’s shares had soared as high as $60 each. They have since retreated to about $24, which means the stock options give Mr. Continenza the right to buy shares at a deep discount. Mr. Continenza can exercise some but not all of the options immediately. Ms. Patrick said that the rapid increase in the values of Mr. Continenza’s new stock options “are paper only. Mr. Continenza has not received any proceeds nor does he have any intention of selling.”
Still holding: CHFS - really like this one as short swing to $1 CHGG - online school play (holding, earnings today) BIOL - covid play, Hail Mary SALM - online school play PHUN - online school play UAVS - Hail Mary for Amazon tie-in open options: AMPE - pharma, pure dice roll TRVN - on Hugh’s latest podcast and twitter guys in big MARA - bitcoin, who freaking knows where it goes EVFM - earnings or call on Tuesday. Twitter guys saying $5 and they’ll double down if Tuesday doesn’t go well
Almost got in at $2.79 but was patient. learning! thinking about jumping in ADT at bell. Watching it fall and think it could reverse quickly.