CCIV still kicking strong, everything else woof! Glad I continue to add to my crypto portfolio, nice to have the counter balance when stocks are having a bad week.
only have two stonks and I'm longish on both.. I need some volitivity also bought my first non-penny with the original play/penny deposit. GHVI for a measly 50 shares
If you want something for background noise, turn on TheStockGuy on Twitch is following the Gamestop hearings.
My God Brad Sherman is destroying this guy. "You're doing a good job wasting my time. If you want to filibuster, you should run for Senate."
He shouldn't have asked that asked that as yes or no question, and Griffin was about to respond with an academically accepted principle that market makers are more likely to aggressively quote against known unsophisticated orders and will tighten spreads. If a market maker knows they are trading against smart money (larger institutional money) that will move the market against them they widen spreads. He was looking to badger yes/no answers out of him, not get any true insight which is what he got.
Watching in the background while I work, but roaring kitty/DFV just testified "I bought Gamestop based on fundamentals"
Market making for single direction retail paper was always fun. The pit turned into a crime syndicate for those precious few minutes. Then you’d have the asshole who missed out on the last trade calling into that broker asking for a similar market looking to pick people off. Christ the NYMEX was the Wild West.
3 hrs in and I hear in the background "sight-a-del" instead of "sit-a-del" Look up and this buffoon is from my state.
Retail has gotten robbed for as long as there were stocks to trade, only now it's measured in fractions of a cent. During our lives Nasdaq market makers were busted for colluding to not quote of eighth increments. (Shout out to ND faculty Dr. Schultz)
CTXR gang waking up to tendies PeterGriffin skiedfrillet edit - it was hanging out at $2 for a bit...
Yeah, I got in at $1.55 and am happy. I have my eye on TXMD, too, but haven't pulled the trigger yet.
TXMD 6 month chart is ugly idk anything about the company but it looks like it's correcting back down to the mean after that big spike earlier this month
Dumped most of my shitty stocks and ready to start over. My 3k investment was worth 5 last week. Worth 3500 when I dumped. Just scary when 75% of your investments are actual penny stocks and half the posts on reddit are that they are pump and dump scams.
HVBTF up to $5/share from the $2 i got it at. thinking i'm going to pull out half and just lock in some of these gains it's a weird stock, seems to be directly tied into how bitcoin's doing and since BTC is climbing it's doing the same
Pharmaceutical company based in Boca Raton focused on women’s health and hormone replacement therapy. Stock has been up and down but not wildly so I’m either direction, and every report I’ve read so far lists it as a buy. I just haven’t committed to it yet.
This sounds like a joke, but I committed this year to never sell for a loss again. WAY too many times if I had waited just another 3-30 days I would have made bank. I will probably bag hold a lot of stuff but I am not letting anything go for a loss this year.
I did this starting in 2019 with everything I had in RobinHood. It really paid off. My best friend and I usually buy at the same time after DD'ing the stock. He'd always bail with some minor profit but I'd ask him why sold it when it's not like he needed the little he made on it. He still does it now. It cost him about $18K from October-December 2020 alone. He was on SNDL before anyone else that I had seen. So now whenever he sells something, I buy more of it. /csb
I screwed up SNDL as well. I took a nice $100 profit and missed out on about $2,000. I went back and looked at my penny stocks from 2019 and two of them would have hit big long term if I would have just held. A few of them I sold for a loss would have rebounded had I waited another month or so.
if I weren't shitposting I might have seen your bottom post at the time and possibly have got in for a less measly amount of shares, but we HVBTF long gang now hodl the rest skied
Anyone else here in on INCC? I feel like I got in on that bc of someone here mentioned it. I know stocks take dips, but this one is looking like it spiked once and is plummeting. Also, regarding "DD", it seems like all my research on every company I look into, I find nothing but good info on it. Where do you guys find the bad info? What do you see from companies that make you decide not to invest? (aside from major news that "company x didn't get patent, or approval from blank regulators/agencies, or bigger company y is backing out on deal with company x? Even youtube guys like Stock Moe, I never hear them talk negative about any stocks, granted I've only been listening to them for a couple of weeks now. I apologize in advice for posting so many words without contributing any info of substance myself.
i've got like 50k shares and i'm down 40%, i'm just gonna hold it bc if i lose $100 who cares, but in the off chance it goes up i'll be happy
Yea I bought 100$ too. but now that I’m doing my own research I want to put money in some other stuff. I read about this covered call option, and I’m thinking of playing around with that on this stock to learn and recoup some of the money I lost. I don’t really care about the hundred bucks, just want to learn how to do this covered call option thing, and of all the stocks I just got in on recently, this is the one I know least about. I can’t even find any headlines that caused the stock to jump like it did when it did. But like you’re doing, I kind of want to see if it jumps again, so I just thought of posting that question to see if anyone had any further intel it on it.
Are you guys staying in CTXR until FDA approval or is there a price you're planning on getting out at?
Depends on what happens with the price. If it shoots up I might be tempted to sell of a portion and pocket the profits, but keep my initial investment amount in. Overall, though, I think it's a long hold.
a downside I've seen brought up wrt to the catheter deal from CTXR was from a doctor on reddit saying (poorly paraphrasing here): catheter infections are reluctantly reported in hospitals because it fucks with their medicade or medicare ratings and thus rates they get paid out at. I don't see that mattering for any other country who doesn't operate on a Great Depression era healthcare model I don't want to dip into non-play money for this stuff, so I'll try to recoup hopefully after an FDA approval spike even though it's honestly probably the -EV play. anyway a tax related question about a hypothetical like that: if I bought a 1000 shares of stonkX at $10 even and it went to $20 and I wanted to recoup the initial money so I sell 500 shares and the money in/out of stonkX is a wash and I'm long on the other 500 shares, but I technically sold the 500 shares at a profit. Which one matters for tax purposes? considering how everything works in our society it seems obv it's the first but also the 2nd encourages keeping capital tied into markets but also hypothetically not accumulating as fast so idk
You only realize a profit when you sell, and so you would get taxed at the capital gains rate on the 500 you sold in that scenario.