The Rokslide Stock Traders Thread

Found this thread a couple months ago and really enjoy reading it every day and checking all the suggestions you all make. Bought some GTE, SQ, PLTR recently.

I'm 52 and I've been tracking my yearly return for 15 years. I've only recently started to purchased individual stocks, my son has gotten me into them. I've always just done mutual funds for my 401(k) through Fidelity and TRowe Price. The last 6 or 7 years I've switched to Index funds, all NASDAQ now. Here's my record. Hoping to retire at 55, 60 at the latest.

3 Year Average
23.7​
5 Year Average
23.3​
15 Year Average
16.5​
 
No idea. I’ve seen people throwing anything from $5 to $200. I’m more focused on them following through with their business plan for now. Which a lot of it is supposed to take place this month, so hopefully won’t be waiting long before it feels a lot safer.


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Hope you‘re right! If...and a big IF....it comes to that, it’ll be my ticket to early retirement! :)

Realistically, if it gets to $10 by 2022, I’ll be more than satisfied!

I’m holding long with TSNP. It was my strategy when I first jumped in and it’s paying off. It could all come crashing down, but at this point I’m in for the long haul.
 
No idea. I’ve seen people throwing anything from $5 to $200. I’m more focused on them following through with their business plan for now. Which a lot of it is supposed to take place this month, so hopefully won’t be waiting long before it feels a lot safer.


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Did a little research and bought 500 shares, come on $100+ a share! Daddy needs a paid off mortgage! Lol
 
I just realized my $20 purchase of 25 shares of Graphite One (GPHOF) cost me a $50 commission with Fidelity! According to the fine print, it is because it is a foreign corporation on the over-the-counter (OTC) market.

I assume I will also pay another fee if I sell.
 
I just realized my $20 purchase of 25 shares of Graphite One (GPHOF) cost me a $50 commission with Fidelity! According to the fine print, it is because it is a foreign corporation on the over-the-counter (OTC) market.

I assume I will also pay another fee if I sell.
Didn’t it give you a warning? I went to buy a Canadian stock and a warning popped up that I would have to pay a commission.
 
No idea. I’ve seen people throwing anything from $5 to $200. I’m more focused on them following through with their business plan for now. Which a lot of it is supposed to take place this month, so hopefully won’t be waiting long before it feels a lot safer.


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TSNP has almost 4 billion shares outstanding, there will probably be a reverse split or two along the way. Currently though somewhere around $60 puts them at the same valuation as paypal with a current stock price around $270 with somewhere around 3-4x less shares outstanding. I'd be thrilled if it gets to $10 or $20 by end of next year, anything beyond that this soon would be crazyland
 
TSNP has almost 4 billion shares outstanding, there will probably be a reverse split or two along the way. Currently though somewhere around $60 puts them at the same valuation as paypal with a current stock price around $270 with somewhere around 3-4x less shares outstanding. I'd be thrilled if it gets to $10 or $20 by end of next year, anything beyond that this soon would be crazyland

Most of that info is above my pay grade, but $60/share puts me over $7 million. I’d be happy with that!
I have seen several people mention that the CEO Brian Foote specifically said there would be no Reverse split.


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I've shared a few SPACs recently, so I thought I better share the SPAC strategies, too.

This is a typical SPAC trajectory (stolen from reddit)

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For example, right now FTOC is in the slow bleed between DA and merger date announcement.

Here is another example, also stolen from reddit.

noeIM9eGUaiZ6TcHDLmEZ09m6mvawo2oZs_q0vntq1s.png

This is good write up on how to play them, once again stolen from reddit.

There are outliers to the typical SPAC trajectory. Nikola was one. It had a hype man CEO pumping it.

Quantumscape was a slow roll. The Company was super tight lipped until the demo day post merger. Then it shot up and crashed.

UWMC is a value play and doesn't have the growth potential or sex appeal of most targeted companies.

But in general, most seem to follow the above format.
 
I just realized my $20 purchase of 25 shares of Graphite One (GPHOF) cost me a $50 commission with Fidelity! According to the fine print, it is because it is a foreign corporation on the over-the-counter (OTC) market.

I assume I will also pay another fee if I sell.
fidelity should have giving you a warning pop up window
 
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