The Rokslide Stock Traders Thread

BBob

WKR
Joined
Jun 29, 2020
Messages
4,567
Location
Southern AZ
What are your thoughts on picking up CCIV?
It's likely partly moving in sympathy to other EV plays like Nio and since NIO has been moving for a number of days I'm not surprised to see it get some attention. There's also been speculation of high valuations on some other upcoming EV mergers. People are also likely jumping in before the CCIV/LCID merger and ticker change. I'm not sure if a date has been announced but I believe it's supposed to be soon. Beware of mergers of SPAC's as there is usually a price drop after a merger and sometimes it's significant. It could be good for a short swing but if you weren't holding it from $15 or below I'm not sure it's worth the risk at this level for a long. If you're looking long I might be inclined to wait and see what happens after the merger. Of course it's the market, my opinion and YMMV :)

It did finally bust the trend-line on a falling wedge (bullish) with decent volume but no idea if it's going to sustain.
 

Attachments

  • CCIV 06_01_2021.JPG
    CCIV 06_01_2021.JPG
    76.1 KB · Views: 58

Broomd

WKR
Joined
Sep 29, 2014
Messages
4,282
Location
North Idaho
Id stick with commodity type stocks the next few months but that's just me. I think the market is favoring stocks that have intrinsic value the past 5 months. Some of the cryptos like ETH I think decent buys if they drop to around 2100 or less again.

I picked up steel stocks X and TKAMY, Spirit( 3rd time) , ALK( 3rd time) , AFLYY, ASX ( chip maker) last month in addition to my energy stocks.
look to opening economies, building, travel the next 1/2 year

Just a guess.
Yep, reads like a sound strategy.
 

WRO

WKR
Joined
Nov 6, 2013
Messages
3,438
Location
Idaho
Ppsi should be worth a watch along with aei.

Sent from my SM-G991U using Tapatalk
 

Poser

WKR
Joined
Dec 27, 2013
Messages
5,652
Location
Durango CO
What are your thoughts on picking up CCIV?

I bought some awhile back at a price that was too high. I’ve been holding so I’m still down about 13%. I do know a lot of folks have big expectations for it with all the EV traction and projections.
 

Poser

WKR
Joined
Dec 27, 2013
Messages
5,652
Location
Durango CO
I bought 1 share of AMC awhile back just for the helluva it. It’s now up 250+ %

With that kind of cheddar, I could move out of the hood and buy a floor for my shelter.
 

Okhotnik

WKR
Joined
Dec 8, 2018
Messages
2,212
Location
N ID
It's likely partly moving in sympathy to other EV plays like Nio and since NIO has been moving for a number of days I'm not surprised to see it get some attention. There's also been speculation of high valuations on some other upcoming EV mergers. People are also likely jumping in before the CCIV/LCID merger and ticker change. I'm not sure if a date has been announced but I believe it's supposed to be soon. Beware of mergers of SPAC's as there is usually a price drop after a merger and sometimes it's significant. It could be good for a short swing but if you weren't holding it from $15 or below I'm not sure it's worth the risk at this level for a long. If you're looking long I might be inclined to wait and see what happens after the merger. Of course it's the market, my opinion and YMMV :)

It did finally bust the trend-line on a falling wedge (bullish) with decent volume but no idea if it's going to sustain.
energy stocks, steel. still moving
 

go_deep

WKR
Joined
Jan 7, 2021
Messages
2,033
Anyone reading or seeing anything that would indicate a pull back in O&G stocks?? Just had so many 1 and 2 good days in the last month or so, only to be followed by a kick in the teeth correction.
 

BBob

WKR
Joined
Jun 29, 2020
Messages
4,567
Location
Southern AZ
Anyone reading or seeing anything that would indicate a pull back in O&G stocks?? Just had so many 1 and 2 good days in the last month or so, only to be followed by a kick in the teeth correction.
I haven't seen anything lately. I'm sure we'll see some up and down but it's looking pretty good moving forward. The Iran worries appear to be subsiding as Russia and OPEC seem to be factoring that into plans.
 

neb34

Lil-Rokslider
Joined
Mar 14, 2020
Messages
121
Location
Nebraska
I bought 1 share of AMC awhile back just for the helluva it. It’s now up 250+ %

With that kind of cheddar, I could move out of the hood and buy a floor for my shelter.
i bought a couple way out of the money AMC call options this morning, just sold them for a combined 400% gain...
 

Okhotnik

WKR
Joined
Dec 8, 2018
Messages
2,212
Location
N ID
Anyone reading or seeing anything that would indicate a pull back in O&G stocks?? Just had so many 1 and 2 good days in the last month or so, only to be followed by a kick in the teeth correction.

anticipating a correction in a few days. I think just a minor one. picked up more shares of SU, LPI, sm yesterday. Looking to take some profits soon.
 
Last edited:

Okhotnik

WKR
Joined
Dec 8, 2018
Messages
2,212
Location
N ID
I held on to some NKLA from last year and bought some more when it dropped below 10. its even doing decent this week lol Thought Id have to write them off
 

KsRancher

WKR
Joined
Jun 6, 2018
Messages
714
You all suck!! 😪I got out of my AMC at a breakeven. I had 70 shares at $2.97. I got scared of them going bankrupt
 

22lr

WKR
Joined
Apr 14, 2020
Messages
755
Location
AK
You all suck!! 😪I got out of my AMC at a breakeven. I had 70 shares at $2.97. I got scared of them going bankrupt
I had em along time ago and had the same worry. Made a few pennies, then tried to ride the first squeeze again and lost. Im scared of the memes now... haha.

Today I mainly held and bought a few more ASTI on promising consumer solar panels.
 

neb34

Lil-Rokslider
Joined
Mar 14, 2020
Messages
121
Location
Nebraska
I had em along time ago and had the same worry. Made a few pennies, then tried to ride the first squeeze again and lost. Im scared of the memes now... haha.

Today I mainly held and bought a few more ASTI on promising consumer solar panels.
i bought another call option for $1.10 @ noon. It's now at $10.27. I'll take the meme stock craze to make a quick thousand or 2 any day! Stupid- yes, but as long as i don't lose my initial investment, it's totally worth it!
 
  • Like
Reactions: LWC
Top