DOW is now higher than it was in May or June last year. S&P is now higher than it was just this past fall in October. I've had a number of stock I'd like to buy in on but they've shot up like crazy this week for no real reason. So I'm hoping the market wakes up in the next few days and stocks drop back to more realistic prices.
The Rokslide Stock Traders Thread
- Thread starter Kilboars
- Start date
Ariettabob
WKR
Sold BA for $155 at opening for a 24% profit. Thanks everyone on here. I’m not just taking recommendations but actually learning. Also, I’m having fun.
do you have a kayak? I used to kayak baits 100 to 300 yards off the beach, jetties when I lived in Texas .Caught big reds and shark.
congrats on trade
Gambled big and picked up 18 k shares of MGEN yesterday at .75. Dumping today for a quick profit. Bought some more Paypal yesterday near 141. Paypals been jumping up and down maybe looking for a stable price.
Bought some PVAC at lows this morning too.
Bought 1 k more shares of SAVE at 12.97 low today and added to SPIRIT DAL, ALK at lows today. Airlines a lot of oil were way down the first hour. Did more dollar cost averaging.
Probably sell a bunch before Friday lulls.
Bought some PVAC at lows this morning too.
Bought 1 k more shares of SAVE at 12.97 low today and added to SPIRIT DAL, ALK at lows today. Airlines a lot of oil were way down the first hour. Did more dollar cost averaging.
Probably sell a bunch before Friday lulls.
Trevor73402
WKR
I picked up some DKNG options this morning. It’s crazy how fast they go up. One option was up $75 in 6 minutes after I bought it. I’m still learning about options so I’m not sure how long to hold them before bailing out.
wayoh22
WKR
- Joined
- Jul 22, 2018
- Messages
- 776
Jumping in on the fun here and starting a little "project." Starting with a $100 and seeing where I can get that to.
Picked up some CDEV and PVAC to start with.
Picked up some CDEV and PVAC to start with.
The10%
Lil-Rokslider
- Joined
- Mar 14, 2015
- Messages
- 127
I like to have about 10k to play around with penny stocks. This week I have GNUS & RNWK which have been on a terror and probably worth holding for a while. GNUS has a promising future, and I could see $5 by July. Picked up TISS on advice from someone on hear as a lottery ticket, and MGI on the UBER news. Been a good week, but I haven't sold yet, so from experience know I haven't made anything.
Very risky for the short term, but may be a good long term hold. They're getting bad press right now because the executives pulled big bonuses right before the bankruptcy filing. We'll see if they keep their jobs next year at the annual meeting. The fact that Carl Icahn dumped 55 million shares on Tuesday will shift voting power and possibly lead to a new group of executives.
The company has a base value that I believe is above the current share price because they have land holdings and 750,000 vehicles in their possession, a lot of them are leases, but a good chunk are owned.
That said, just for the hell of it, I picked up 750 shares yesterday at $.90 and 600 more at $1.01 for a long term hold.
EastMT
WKR
Well I just sold my penny stock from yesterday, 8% gain. SQBG, it’s been under $1 for a year, could be a RS soon, I’m not holding long!
I did a review of every stock under $1 I’ve ever made a profit on since 2018. I removed any losses, just the profits. About 80% have dropped 99% since I sold them due to reverse splits. 10% are delisted.
I’m only posting this to say be careful on pennies, don’t hold too long, set a good stop loss. 8% gain today is better than 50% loss tomorrow due to RS news. You then need 6 more 8% gains to get back even.
I did a review of every stock under $1 I’ve ever made a profit on since 2018. I removed any losses, just the profits. About 80% have dropped 99% since I sold them due to reverse splits. 10% are delisted.
I’m only posting this to say be careful on pennies, don’t hold too long, set a good stop loss. 8% gain today is better than 50% loss tomorrow due to RS news. You then need 6 more 8% gains to get back even.
The10%
Lil-Rokslider
- Joined
- Mar 14, 2015
- Messages
- 127
Good call Thunder! I watched it at .59 and thought really hard about buying. Coulda quickly tripled on that. But anything around a 1.00, I dont see a ton of downside from there.
Danny Hoey
WKR
Pretty red day for me, led by GE and DAL. Pretty good run for both, can't complain about one down day.
Last edited:
EastMT
WKR
Well I got into DCAR last week, had a trailing stop loss of 6% due to the merger rumors. It hit the stop loss and sold at $1.04 for a 10% gain. I was a bit bummed as it went higher, to about $1.25 before droping back to $.80. I was tempted to buy back in but resisted. Today the merger was announced and it shot way up in minutes before settling back down again. Remember to take a profit when you can.
Attachments
Broomd
WKR
Yep, helluva stock. Made some great money with that one....
Holding substantial cash too. Waiting for the market to get a bit bloody again...
Danny Hoey
WKR
What's a good price to get in on HLX? Looks pretty steady with not much swing but has had a good run the last week, don't want to buy too high
Depends on how you look at it... short or long? They traded around $10 pre Corona. They are a solid company that is not reliant on drilling. They do well intervention. So, my personal thoughts is you will make money no matter what if you invest now and are not looking for instant big profits. They could keep rising steady or may slow down a bit. But they aren't laying off employees and are fully running so the infrastructure is there. Bank of America upgraded them to a Buy yesterday. I believe they are still undervalued. These are entirely my thoughts and don't take them as advice. Do your research and make an educated decision based on what you're hoping for.
Sent from my SM-G965U using Tapatalk
Sent from my SM-G965U using Tapatalk
EastMT
WKR
Yes that ABIO was up 450% today, I was chicken, didn’t want to be a bag holder of a sell off happened. It was under $9 when I got the alert it was moving this morning. Still went well past doubling again. Tough not to chase those, but been burned before.......
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