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Stock-Age: Stocks, Options and Dividends oh my!

Delf

Banned
So does anyone just toy around with penny stocks? Ya know, 50cents to $5 stocks.

I've done it from time to time, dont really have the money to dump loads of money in...and I like the casino vibe!

Basically, right now took $200 of my Dogecoin profit and stuck it back in yesterday to some stuff on RH.

So, I read the penny stock subreddit, try to figure out whats not bot spam or BS to cause a bump etc..
Then, with my $200 I spread it over the few stocks I've picked from what the subreddit said to look for.

Still not great at this.. I know its volatile. Trying to learn the ins and outs of limit orders, stop losses etc.. when to get in and get out without going over my 3 day trade limits.

I ended up making $22 yesterday 😁
I'm up $5 so far today!

Debating on if I should sell or ride these and see what happens to Monday. Like 3 of my trades haven't activated cause I set the buy a bit low.

Anyone up for a little casino talk lemme know, or school me!!! Its fun and I'm not looking to make tons of money. If I can re-up what I spent on lunch everyday then thats cool!
 

BigBooper

Member
Do ya'll like SPACs? I've made some with Social Capital's but didn't put all that much into them. I don't especially love the idea, but it seems good for people who want a way to make more money but not do the legwork. The idea of just giving my money to somebody hoping it turns out well is spooky. I'm torn.
 

ManofOne

Plus Member
Do ya'll like SPACs? I've made some with Social Capital's but didn't put all that much into them. I don't especially love the idea, but it seems good for people who want a way to make more money but not do the legwork. The idea of just giving my money to somebody hoping it turns out well is spooky. I'm torn.

I don't trust Spacs? Most of them take control of a company and put their own ppl in but most of the time those people barely understand the fundamentals of the initial company. You rarely get a good spac.

Thank god WEWORK wasn't a spac. Ppl would have lost a shitload if that went public.
 

GHG

Gold Member
What else you looking at...

Futurama Writing GIF by HULU

TTOO and SPCB shorter term. Also looking at MARA and SONO for longer term potential.

That's all a very small percentage of my portfolio though, fun money stuff. Got most of it in ETF's and large caps.

Any recommend YouTubers with a general decent track record with predictions?

IMO it's best to do your own reading:







Some youtubers can be a good source for trading strategies but for stock picks you need to do your own leg work to decide what companies you're happy to put money in to and for how long.
 
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Nikana

Go Go Neo Rangers!
TTOO and SPCB shorter term. Also looking at MARA and SONO for longer term potential.

That's all a very small percentage of my portfolio though, fun money stuff. Got most of it in ETF's and large caps.



IMO it's best to do your own reading:







Some youtubers can be a good source for trading strategies but for stock picks you need to do your own leg work to decide what companies you're happy to put money in to and for how long.
Currently working through some of the books Mana suggested and I plan on investing a bit more when I get through em. Which site do you like most to do research?
 

GHG

Gold Member
Currently working through some of the books Mana suggested and I plan on investing a bit more when I get through em. Which site do you like most to do research?

Nasdaq news, Investorplace and pulse2 are usually my starting points then I'll also look at trading view before the market opens to see what's hot and start researching some individually to figure out why they might be up after hours/pre market. Usually my rule is no news no buy, but sometimes I break it if it looks like something is soaring in the first hour of trading and then try and figure out why after the fact. Then it's a case of deciding how long I'm sticking with that volatile stock... Which is usually the hard part.
 

Nikana

Go Go Neo Rangers!
Nasdaq news, Investorplace and pulse2 are usually my starting points then I'll also look at trading view before the market opens to see what's hot and start researching some individually to figure out why they might be up after hours/pre market. Usually my rule is no news no buy, but sometimes I break it if it looks like something is soaring in the first hour of trading and then try and figure out why after the fact. Then it's a case of deciding how long I'm sticking with that volatile stock... Which is usually the hard part.
much appreciated. I will add em to my favos.
 

Delf

Banned
Nasdaq news, Investorplace and pulse2 are usually my starting points then I'll also look at trading view before the market opens to see what's hot and start researching some individually to figure out why they might be up after hours/pre market. Usually my rule is no news no buy, but sometimes I break it if it looks like something is soaring in the first hour of trading and then try and figure out why after the fact. Then it's a case of deciding how long I'm sticking with that volatile stock... Which is usually the hard part.

I'm trying to learn when to bail. Do you have nay suggestions? For volatile low cost stuff?

Like, I put $40 into RIGL this morning and I'm up $5. Since I'm only kinda playing the casino and tossing around $250 on a few $1 to $5 stocks, and I only have a 3 trades per day limit... I'm itching to pull the trigger and take my $5 lol But another part of me is like, maybe it will be $10 if I let it ride on Monday 🤔
I pulled out of ATOS yesterday and made like $8, then bought her low today and been losing.. (only like a buck)

As I said, I'm just toying with $250, just trying to make 'the cost of lunch' a day, maybe find that $3 stock that I let sit and she turns into a $25 stock one day lol
 

GHG

Gold Member
I'm trying to learn when to bail. Do you have nay suggestions? For volatile low cost stuff?

Like, I put $40 into RIGL this morning and I'm up $5. Since I'm only kinda playing the casino and tossing around $250 on a few $1 to $5 stocks, and I only have a 3 trades per day limit... I'm itching to pull the trigger and take my $5 lol But another part of me is like, maybe it will be $10 if I let it ride on Monday 🤔
I pulled out of ATOS yesterday and made like $8, then bought her low today and been losing.. (only like a buck)

As I said, I'm just toying with $250, just trying to make 'the cost of lunch' a day, maybe find that $3 stock that I let sit and she turns into a $25 stock one day lol

You kind of need to decide what feels logical and what you're comfortable with before entering the trade.

If you want to make a set amount of money from that trade or you've set a target then when you reach it sell and don't look back. If you never sell when you're in the green then you will never make profit.

Is there a potential long term upside? If so why and when will that potentially come in to play?

Then are you prepared to ride the trade to death and lose all of your money on that one in that pursuit? If so ignore it until it starts to rise to the levels you expected, even if it takes years.

Ideally you need to know about the company, why do they exist, what do they do, what do they have upcoming etc.

There's a lot of factors that come into play and the exit strategy for each stock is very different. You need to figure it out but try and decide before you buy the stock and stick to it.
 

Delf

Banned
You kind of need to decide what feels logical and what you're comfortable with before entering the trade.

If you want to make a set amount of money from that trade or you've set a target then when you reach it sell and don't look back. If you never sell when you're in the green then you will never make profit.

Is there a potential long term upside? If so why and when will that potentially come in to play?

Then are you prepared to ride the trade to death and lose all of your money on that one in that pursuit? If so ignore it until it starts to rise to the levels you expected, even if it takes years.

Ideally you need to know about the company, why do they exist, what do they do, what do they have upcoming etc.

There's a lot of factors that come into play and the exit strategy for each stock is very different. You need to figure it out but try and decide before you buy the stock and stick to it.

Thanks! That makes a lot of sense.

I know I was reading about like 20 different ones today and my mind is all conflicted about which story was which.

Which one had a new drug down the pipe line?
Which one a new tech?
Which one in a new clinical trial in March?

Etc..

I should have prob taken some notes lol Now I got $50 here, $30 there, 10 over there etc.. dumb dumb dumb lol
 
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Reactions: GHG

GHG

Gold Member
Thanks! That makes a lot of sense.

I know I was reading about like 20 different ones today and my mind is all conflicted about which story was which.

Which one had a new drug down the pipe line?
Which one a new tech?
Which one in a new clinical trial in March?

Etc..

I should have prob taken some notes lol Now I got $50 here, $30 there, 10 over there etc.. dumb dumb dumb lol

If I can make a suggestion it would be to start small. Not small in monetary value, but small as in the number of stocks you're buying on a daily basis.

Before the market opens get your shortlist and pick a maximum of 5. So those will be the best 5 from the 20-odd you might have shortlisted based on what you know about them and why you think their stock is set to rise.

Then it's a case of study study study. Even if you make gains on a stock, try and figure out why so that you can spot patterns in the future. If you make a loss or break even do the same. It's much easier to do this when you're only making a maximum of 5 trades a day as well. Learn how to read the graph - study the graph from before you made the trade up until the point you closed your position. If the day ends and you could have made more on a stock study that graph too, how could you have maybe selected a better exit point based on what the data was telling you?

It's a rabbit hole but I think it's a great one to go down. You will learn a lot and you never stop learning the more you do it - you learn a lot about business and yourself. If nothing else, even if you don't end up making masses of money, you will have acquired a lot of knowledge along the way.

Someone once told me that this isn't about learning to make money, it's about learning to not lose money. Then once you've learnt that the making money part comes naturally.
 

mango drank

Member
Those of you guys who pay for subscriptions to financial rags (WSJ, FT, Fortune, Barron's, Bloomberg, etc) ... if you had to get rid of all but 1 or 2 subs and never be able to read the others again, which 1-2 would you keep and why?
 

Go_Ly_Dow

Member
TTOO and SPCB shorter term. Also looking at MARA and SONO for longer term potential.

That's all a very small percentage of my portfolio though, fun money stuff. Got most of it in ETF's and large caps.



IMO it's best to do your own reading:







Some youtubers can be a good source for trading strategies but for stock picks you need to do your own leg work to decide what companies you're happy to put money in to and for how long.

Cheers, thank you!
 

ManofOne

Plus Member
ManofOne ManofOne yeah I’m veryyyy interested in this question lol

Lol, I said it before, typically before earnings I buy put or call options and trade the volatility. Thankfully I bought the options when the vix was lower. So when the options jumps by x amount you sell he call immediately.

I don't put much into options I have more into stocks and trade what based on fundamentals and values. I have separate fund per se for options trading and trade that amount.

I never bought SNE sadly.
 
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ManofOne

Plus Member
What and end to an excellent week up nearly 17.0% on my portfolio. Just for this week. I added some high volatility positions if the market falls next week. GME and meme stocks continues to weigh on the market.
 

ManofOne

Plus Member
I have. What do you think how long will it rise? Is that some long term stuff like Apple? I bought sony initially before the ps5 released and wanted to sell after Christmas. Now I’m undecided. 😕

well Sony gave strong guidance. I didn’t look at their financials but as I said before companies that beat earnings and give really strong guidance ESPECIALLY now often see a rise in their share value.
It could continue running for the remainder of the year. Especially as they release games.

I remember you saying you bought it around $60 so you have a decent Margin of Safety .
 

ManofOne

Plus Member
God Enel God Enel

I just checked on my terminal. Average price target by analyst is $135.00 that gives it a potential 15.0% upside. I think based on the last price.

So if they give strong guidance next quarter or reaffirm it you can see that price target rise to the high $140s.

I’ll do my own valuation and foward it to you. Some time this weekend
 

Delf

Banned
SO level with me fam, How often do people just dump like 50k into a company before earnings in hope they will make a quick 5k?

I have a buddy..
Fucking king of the 'get rich quick' bankrupted himself via using all his credit to buy gold. Then sold the gold after he claimed bankruptcy.

I dont know why and or how this equates but he also has a thing for mail-order Chinese wives and is on his second one. I suspect he uses them to hide what he owns.
Cause he used the (over $100k he made selling the gold) to start flipping houses and become a landlord to a shop front/apartment.

So now he has around 80k in his savings to 'toy with'

Now, here's where the 'throwing 50k at some shit' comes in. The GME talk led him to download RH. He didn't get in on the GME but if you go back to an earlier post in this thread I made...
He tossed 10k at Doge coin when it was under a penny (dude had no prior knowledge, saw 'crypto' and thought of Bitcoin I guess)

Fucker cashed out that morning it hit went on the big run last week..
Made 3 grand.
I text him later that night and told him how the hype train was starting..
He dumps 50k in...
Cashed out at 3.5cents and made 30k (He got cold feet and didn't wait 2.5 more hours till it hit 8 cents lol)

No fucking lie, he made another 5k yesterday morning cause it jumped from like .035 to .045 dumping another couple grand in and taking it out..

Hes just taking 50k and just tossing it at shit that make small profits. But that 50k means a few cents translates into BIG dollars..

It fucking kills me lol I'm working with $250 and if I make $20 in a day...its a win lol
 

Nikana

Go Go Neo Rangers!
I have a buddy..
Fucking king of the 'get rich quick' bankrupted himself via using all his credit to buy gold. Then sold the gold after he claimed bankruptcy.

I dont know why and or how this equates but he also has a thing for mail-order Chinese wives and is on his second one. I suspect he uses them to hide what he owns.
Cause he used the (over $100k he made selling the gold) to start flipping houses and become a landlord to a shop front/apartment.

So now he has around 80k in his savings to 'toy with'

Now, here's where the 'throwing 50k at some shit' comes in. The GME talk led him to download RH. He didn't get in on the GME but if you go back to an earlier post in this thread I made...
He tossed 10k at Doge coin when it was under a penny (dude had no prior knowledge, saw 'crypto' and thought of Bitcoin I guess)

Fucker cashed out that morning it hit went on the big run last week..
Made 3 grand.
I text him later that night and told him how the hype train was starting..
He dumps 50k in...
Cashed out at 3.5cents and made 30k (He got cold feet and didn't wait 2.5 more hours till it hit 8 cents lol)

No fucking lie, he made another 5k yesterday morning cause it jumped from like .035 to .045 dumping another couple grand in and taking it out..

Hes just taking 50k and just tossing it at shit that make small profits. But that 50k means a few cents translates into BIG dollars..

It fucking kills me lol I'm working with $250 and if I make $20 in a day...its a win lol

I got in on Doge when it was under a penny and cashe dout at 8 cents but i only threw 20 in....like....man....i wish I did even a grand lol.

I just dont have the guts to basically put it all one thing and pray but at the same time the two times I was tempted was SNE and ACTV. So maybe I should have....
 

Delf

Banned
I got in on Doge when it was under a penny and cashe dout at 8 cents but i only threw 20 in....like....man....i wish I did even a grand lol.

I just dont have the guts to basically put it all one thing and pray but at the same time the two times I was tempted was SNE and ACTV. So maybe I should have....

Im in the same boat. I put in $100 at like 1cent. I was laying in bed, looking at my HUGE profit (to me!) off that $100 when it was at 8cents.

I was tired and said "I'll be up at 6am, it should be like 15cents by then!"
No...it was like 4.5 cents lol
I still made a few hundred but it hurt...

Why I tossed $250 back in and have been playing. $5 here, $3 there etc.. trying to learn right now. Get better and such.
 

Nikana

Go Go Neo Rangers!
Im in the same boat. I put in $100 at like 1cent. I was laying in bed, looking at my HUGE profit (to me!) off that $100 when it was at 8cents.

I was tired and said "I'll be up at 6am, it should be like 15cents by then!"
No...it was like 4.5 cents lol
I still made a few hundred but it hurt...

Why I tossed $250 back in and have been playing. $5 here, $3 there etc.. trying to learn right now. Get better and such.
Its hard after all this GME stuff to be patient but I want to educate myself more before I make such hasty plays. We'll see.
 

ManofOne

Plus Member
I got 50 shares of Sony back in August for around $80 a share. I felt the were terribly undervalued. Starting to feel like $120 might be a bit high and contemplating selling, though.

I posted up the deets, average consensus is 135, I got an average value of $147.

Didn’t use DCF though . Seems it still got room. But y’all got a decent MOS
 
So does anyone just toy around with penny stocks? Ya know, 50cents to $5 stocks.

I've done it from time to time, dont really have the money to dump loads of money in...and I like the casino vibe!

Basically, right now took $200 of my Dogecoin profit and stuck it back in yesterday to some stuff on RH.

So, I read the penny stock subreddit, try to figure out whats not bot spam or BS to cause a bump etc..
Then, with my $200 I spread it over the few stocks I've picked from what the subreddit said to look for.

Still not great at this.. I know its volatile. Trying to learn the ins and outs of limit orders, stop losses etc.. when to get in and get out without going over my 3 day trade limits.

I ended up making $22 yesterday 😁
I'm up $5 so far today!

Debating on if I should sell or ride these and see what happens to Monday. Like 3 of my trades haven't activated cause I set the buy a bit low.

Anyone up for a little casino talk lemme know, or school me!!! Its fun and I'm not looking to make tons of money. If I can re-up what I spent on lunch everyday then thats cool!
I'm not too much of a fan of penny stocks, but seeing the explosive growth of some(stuff like nio is ridiculous), has made me think a small investment in them might not be too bad if one is willing to put up with the additional risk.
Any recommend YouTubers with a general decent track record with predictions?
Mcash claims to have a decent recent record claiming most penny stocks he's recommended have seen notable increases. Though I've not double checked his claim of accuracy, I do know a few of his pics have done good.
 

Honey Bunny

Member
Its hard after all this GME stuff to be patient but I want to educate myself more before I make such hasty plays. We'll see.
I've been adding money to the portfolio slowly and steadily since I started 3 months ago. A little painful thinking how much more I could have made if I had been irresponsible from the beginning, but it allowed me to make beginner's mistakes and go through learning experiences without much downside. Currently sitting on an all time high return and feeling good.
 

Delf

Banned
Here's how I'm doing so far today on Penny Stocks with a little over $200 bucks.
I screwed up and spread myself waaaaaay to thin and picked waaaaay to many stocks. And made a few cents here and there when I could have just bought a bigger chunk of bigger movers.

I was reading the Reddit Penny stock sub when woke up this morning, checking it with the day before, reading peoples DD, setting limit orders etc..
I had a pretty good day but 5 or 10 shares ain't gonna cut it with 1.50 stocks lol

Gonna do some reading this weekend, and like GHG GHG said and narrow my focus down to 5 I have faith it...then BUY MOAR OF THEM.

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v1xEIhD.jpg
 

mango drank

Member
Burry and WSJ calling out Ark's Cathie Wood

T7RVbiv.jpg

This year, stocks are lifting off even before ARK buys them. On Jan. 13, the firm filed a prospectus to launch a new fund, ARK Space Exploration ETF. Although the fund hasn’t yet received regulatory clearance, satellite and other space-related stocks shot up 8% to 10% the next day.
According to FactSet, 43.5% of ARK’s total equity holdings are in stocks of which the firm owns at least a tenth of all shares outstanding. At Vanguard Group, by contrast, only 9.7% of total equity positions are in such concentrated holdings.
Also, many of ARK’s smaller companies are issuing additional shares, “and it is with our encouragement sometimes,” says Ms. Wood. “We want our companies to invest aggressively today,” because ARK believes these businesses should be financing their unparalleled opportunities for future growth.
Given ARK Innovation’s massive $25 billion in assets, “it is reasonable to worry about the market impact of $1 billion exiting the fund in a single day,” says Ms. Kashner. If a redemption of that size occurred, she says, “downward pressure on the fund constituents would be nearly inevitable.”

An old Wall Street proverb warns that it can be hard to get out of stocks when markets go bad: “Liquidity is there only when you don’t need it.”
 
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ManofOne

Plus Member
its above pre-pandemic, but it will probably do well as long as they keep printing free money. i dunno i just picture people getting their checks and the first thing they do is buy new Jordans.

I did some work on it the financial looking good alongside online sales volume. I think it’s a good company and there is value but I not sure by how much myself.

I think it would have been a nice buy in the low thirties.

Valued at 63.


Good company thou. I’ll keep it on my radar
 

haxan7

Banned
I did some work on it the financial looking good alongside online sales volume. I think it’s a good company and there is value but I not sure by how much myself.

I think it would have been a nice buy in the low thirties.

Valued at 63.


Good company thou. I’ll keep it on my radar
I don’t know anything about valuing stocks but that chart sure is interesting. Huge peaks and valleys. Looks like it’s on the way up again going purely by the pattern.
 
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ManofOne

Plus Member
These cunts are going after Roaring Kitty now.

Keith Gill, who goes by the moniker “Roaring Kitty” on YouTube and other names on websites such as Reddit’s WallStreetBets, has become one face of the GameStop mania because he was an early booster of the stock and forecast its rise. His commentary could also create a legal problem for the Massachusetts Mutual Life Insurance Co., which employed him and had a duty to supervise him.

Mr. Gill worked as a “financial-wellness education director” but was a registered broker, according to BrokerCheck, a website of the Financial Industry Regulatory Authority, or Finra. He didn’t advise specific clients on investments or insurance, but he wasn’t exempt from regulations that tightly regulate brokers’ conduct, securities lawyers said.

Mr. Gill has posted dozens of videos or livestreams over the past six months, most of them related to his view that GameStop shares were undervalued and would rise as others took notice. Some videos examined the company’s past performance and forecast aspects of its future outlook.
 
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