OT: Stock trading | Page 66 | The Boneyard
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OT: Stock trading

tiger8mush said:
does that mean its about to go down?
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Yes but it could also be a buying opportunity after the short/ sell off a lot of times the big players do this to get the small guys out and buy back in at the lower price
 
Anyone see OCGN? They went into low earth orbit in the span of 2 trading days - from about .35 to 2.60 today. I don't know much about them, I believe they have a vax in late stage trial.
 
Hurleyman216 said:
SENS is my big bet for a major explosion over the next 10-12 months. They have a few glucose monitoring products that are far superior than anything out there and this stock is one that could jump to 10-20X where it’s at now. Just loaded up on more late last week.
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Scud49 said:
Anyone see OCGN? They went into low earth orbit in the span of 2 trading days - from about .35 to 2.60 today. I don't know much about them, I believe they have a vax in late stage trial.
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My buddy just told me to get on it. They have a potentially better covid vaccine for mutations and they should be getting a USA order even if it's not needed
 
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Hurleyman216 said:
Hope you guys all got in this a few weeks back when I told you about it. Up to $1.10 after hours
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Pretty sure I listened to you.
got in @ .36

I’m also new to all this, so like above, not sure if I should take profits right now. Announced the patent today, but have the 6 month and 1 yr wearable device coming out soon. (?)
Have 1000 shares, so I could sell 1/2 and being playing w/ house money with the other 500

or just stay long?
 
Scud49 said:
Anyone see OCGN? They went into low earth orbit in the span of 2 trading days - from about .35 to 2.60 today. I don't know much about them, I believe they have a vax in late stage trial.
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OCGN has not developed any SARS-2 vaccine. Instead, the 16 employee US company primarily blew up based on signing a prospective US development/distribution agreement with India's globally-respected Bharat Biotech (BICBL.BO). Longggggg long way to actually obtaining US FDA clearance, but time will tell.

In India, Bharat's SARS-2 vaccine COVAXIN's completed Phase I and II trials with India's FDA. Currently, COVAXIN's only now in Phase III trials IN INDIA.

At most, Bharat or its' new US partner, Ocugen, may have initiated discussions with the US FDA. However, neither company's started initial Phase I clinical trials in the States.

Speaking of tiny biotechs with minimal current commercial products, questionable management and capital, it will be interesting in the new year to see whether FDAs in the US, UK, Canada and/or potentially The Philippines clear CYDY's Vyrologix for HIV, breast cancer, and potentially SARS-2 therapeutical treatment (long hauler and/or severe to critical care; now awaiting unblinding of Phase III trial results and potential FDA review/vote?). Vancouver, WA-based, OTC-only traded; Nasdaq if FDA cleared?; partnered with Samsung BioLogics for potential manufacturing. On top of vaccines, we sure could use more effective therapeuticals.
 
methodology said:
Baba is already a great buying opportunity it's bigger than Amazon with a larger market share in a larger market. And they don't have their web service or Ant factor into the balance sheet/ price. No way it should be below $300 and will probably be $500 come this time next year
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Heads up for at least BABA. After Jack Ma's pre-Ant IPO spitting remarks directed at mainland banks and regulators prompted Winnie the Pooh (Xi Jinping) to intercede and cancel the Ant IPO, a public announcement of further mainland anti-trust investigations body slammed Alibaba's HK shares Thursday (down ~9% at the HK trading tea/lunch break). In sympathy, JD's HK shares are also down ~3%.

Thursday NY time: BABA and potentially JD NY shares and TCEHY may also drop. Ahead of Thursday's early close and Friday's Christmas closure, just a heads up and reminder Winnie does not like when people and CEOs of certain entities spit at his cubs.
 
ct06111 said:
Pretty sure I listened to you.
got in @ .36

I’m also new to all this, so like above, not sure if I should take profits right now. Announced the patent today, but have the 6 month and 1 yr wearable device coming out soon. (?)
Have 1000 shares, so I could sell 1/2 and being playing w/ house money with the other 500

or just stay long?
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I’m going to hold mine for now as I think once their FDA approval comes in Q2 of next year it’ll keep going up. I have almost 100,000 shares so today was a VERY good day. I could sell a bit at some point but I honestly think it could keep going up to north of $3-4/share
 
Hurleyman216 said:
I’m going to hold mine for now as I think once their FDA approval comes in Q2 of next year it’ll keep going up. I have almost 100,000 shares so today was a VERY good day. I could sell a bit at some point but I honestly think it could keep going up to north of $3-4/share
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Wow, congrats man! If I can get a dollar gain from it I’ll be thrilled, I credit you for your conviction on a penny stock, that’s some giant cojones!
 
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Da_Aisijimo_Gou said:
Heads up for at least BABA. After Jack Ma's pre-Ant IPO spitting remarks directed at mainland banks and regulators prompted Winnie the Pooh (Xi Jinping) to intercede and cancel the Ant IPO, a public announcement of further mainland anti-trust investigations body slammed Alibaba's HK shares Thursday (down ~9% at the HK trading tea/lunch break). In sympathy, JD's HK shares are also down ~3%.

Thursday NY time: BABA and potentially JD NY shares and TCEHY may also drop. Ahead of Thursday's early close and Friday's Christmas closure, just a heads up and reminder Winnie does not like when people and CEOs of certain entities spit at his cubs.
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Just better buying opportunity. They want to get Jack Ma in line but they aren’t going to sabotage Baba they will rebound and continue to rise
 
Anybody else notice the trend today? Investors are taking profit on all the small cap stocks that have made huge runs like JMIA, FUBO etc and going back to the safety of AAPL, AMZN etc. This is where the real money is made, betting whether those names continue to sell off or doubling down on these pullbacks.
 
methodology said:
Just better buying opportunity. They want to get Jack Ma in line but they aren’t going to sabotage Baba they will rebound and continue to rise
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Yes, implied opportunity for others looking to initially get in or to average down. Holding more than enough BABA at break even <188, not interested in adding more yet appreciated the resulting opportunity to add some discounted JD pre-mkt and TCEHY.

Winnie’s (Xi) containing BABA’s lending to unworthy borrowers, imposing reasonable lending regs, and breaking BABA’s monopolistic seller rules which effectively require selling companies to only use BABA vs other platforms, e.g., JD, PDD, etc. No negative impact on BABA’s massive cloud opportunity, ongoing revenues from Alipay and other services, and eventually good for their Ant IPO.
 
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tentoes4rings said:
Yeah, hope you got in in the low 50s today. If they get sports gambling built in the opportunity is huge. If it’s just another streaming service, not sure how great the ceiling is here. Let’s hope for the former.
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:eek:. Dropped like crazy. Still going to ride it out as I think it will be a stable company with growth even though they’ve ripped it in blogs lol
 
tentoes4rings said:
That’s really the dilemma right? I’ve had probably 7 or 8 friends ask me the past 6 months about getting into stocks and all throughout I’ve told them I think there’s more room to grow but at these elevated prices I hate to see anyone get hurt. As far as buying and holding longterm, I’d suggest SE and MELI. ROKU and SQ should remain great growth names for a few years as well. All four are up a ton with huge growth opportunities still ahead. To be a little safer, you can never go wrong with AAPL or AMZN either.
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What do you think about holding Tesla for 10-15 years? Thinking about buying in soon and doing this.
 
Kemba'sYogurt said:
What do you think about holding Tesla for 10-15 years? Thinking about buying in soon and doing this.
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For that long of a time horizon I think it’s a great move. Tesla stock is very volatile but for its vision, execution and total addressable market, still great to have. Although I have some now, 3 of my 5 biggest mistakes this year were the times I sold some Tesla. I’ve regretted it every single time.
 
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I Bleed Blue said:
I’m salty about not jumping into ARKK earlier this summer. I too waited for a significant dip that never happened.
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I just hope I don't hold too long. There is no way this keeps going.

But I'm glad I didn't take profits when it was up "merely" 30% in two months.
 
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