OT: Stock trading

[HuskyHawk]

GME is wild. I'm not in but my god I can not wait for the final half-hour of trading on Friday.

GME isn't one, but the crazy volatility on some of these penny stocks is likely to lead to the SEC intervening in some fashion. Look at EXPR. I remember my ex used to buy lots of clothes there in the 90s.

 

[tiger8mush]

Not one of the main names or probably not even one that anyone has heard of - QYOU.

GSAT.

WPF

After day one, @Matrim55 is in the lead:
GSAT = +.85%
WPF = -7.04%
QYOUF = -12.12%
luckily still 4 more days to go

 

[HuskyHawk]

I'm considering digital subscriptions. WSJ is still outrageously expensive. The Economist isn't what it once was and it still $100 a year. I used to read IBD back in the day, seems they have some free content.

 

[LIuconn]

Most Shorted Stocks

Short selling for dummies: To sell a stock short means to borrow shares from your broker using a margin account and sell stock hoping that prices will fall.

financhill.com

All these redditors are squeezing the shorts. Hilarious. Anyone getting on board?

NOK, BB, GOGO, GME etc

 

[Hurleyman216]

Lots of talk the past few weeks about froth in the market. Any predictions when we’ll see this “bubble” we’re in pop? I feel like there is so much $$ being injected into the market that it may move for another couple months, but it’s anyone’s guess. I’m likely going to get out of some of the more volatile stocks I’m in like NNDM and DM and start looking to park my $$ in some value based ETFs. Still planning to hold SENS for now as I think it’s going a lot higher.

 

[WrenchFan69]

Most Shorted Stocks

Short selling for dummies: To sell a stock short means to borrow shares from your broker using a margin account and sell stock hoping that prices will fall.

financhill.com

All these redditors are squeezing the shorts. Hilarious. Anyone getting on board?

NOK, BB, GOGO, GME etc

I bought GME at $20 and sold premarket today at $95. Left some money on the table but feel pretty good about it overall

 

[g_smith]

What about ABML? If only I could go back in time and throw all my money on that last week.... Do we still think it goes up more in Biden’s announcement 27th? or the day before?

I’m in SENS at $2.80. Hoping for that run to $4-$5 if FDA approval goes through.

 

[CTBasketball]

GME is wild. I'm not in but my god I can not wait for the final half-hour of trading on Friday.

Most Shorted Stocks

Short selling for dummies: To sell a stock short means to borrow shares from your broker using a margin account and sell stock hoping that prices will fall.

financhill.com

All these redditors are squeezing the shorts. Hilarious. Anyone getting on board?

NOK, BB, GOGO, GME etc

I bought put options at $146. Betting it goes to $19/share by end of February.

 

[UConnDad]

What’s a good purchase for today? Any recommendations for a novice?

 

[Chin Diesel]

SHIP setting up for a big run, get it!

Out of curiosity, what did you see about SHIP? I only put down a small amount for grins and giggles, but everything I've read on it has been negative to neutral. Only thing I read somewhat positive was restructuring some debt towards end of 2020 to free up capital and cash flow.

 

[Matrim55]

What’s a good purchase for today? Any recommendations for a novice?

BB or Nokia. Buy and hold. (I’m in both)

 

[Jaker]

Out of curiosity, what did you see about SHIP? I only put down a small amount for grins and giggles, but everything I've read on it has been negative to neutral. Only thing I read somewhat positive was restructuring some debt towards end of 2020 to free up capital and cash flow.

Obviously, the restructuring of the debt is huge, but the loosening of global trade by the current administration will be a boom for shipping industry. All of the transports were beaten down the past couple years, looking at the 2 year charts paints a pretty good picture SHOP, TOPS, CTRM, GBLS, SINO all +20%, SHIP hit $1.48 in pre-market this morning.

 

[goskis2018]

BB or Nokia. Buy and hold. (I’m in both)

How long term are you thinking?

 

[Jaker]

After day one, @Matrim55 is in the lead:
GSAT = +.85%
WPF = -7.04%
QYOUF = -12.12%
luckily still 4 more days to go

WPF +.09% LOL

 

[HuskyHawk]

What’s a good purchase for today? Any recommendations for a novice?

My only recommendation for a novice is not to wade in beyond index ETFs until you aren't one anymore. I know that is snarky, but I think a lot of people are going to get wrecked. Some of the folks putting money in via Robin Hood have really only seen things go up, it may feel like free money.

 

[HuskyHawk]

Out of curiosity, what did you see about SHIP? I only put down a small amount for grins and giggles, but everything I've read on it has been negative to neutral. Only thing I read somewhat positive was restructuring some debt towards end of 2020 to free up capital and cash flow.

SHIP is currently showing as having failed to meet NASDAQ requirements to continue being listed.

 

[UConnDad]

My only recommendation for a novice is not to wade in beyond index ETFs until you aren't one anymore. I know that is snarky, but I think a lot of people are going to get wrecked. Some of the folks putting money in via Robin Hood have really only seen things go up, it may feel like free money.

Thanks. Not talking big money. And as a UConn fan I can handle some pain!

 

[WhereistheDove?]

My only recommendation for a novice is not to wade in beyond index ETFs until you aren't one anymore. I know that is snarky, but I think a lot of people are going to get wrecked. Some of the folks putting money in via Robin Hood have really only seen things go up, it may feel like free money.

This is great advice. Or if you really want to start playing, keep a small Robin Hood or other account with absolutely only what you are ready to lose. The likelihood of beating a low-cost ETF like Vanguard in the long-run are pretty small but the risk is a heck of a lot higher.

 

[Jaker]

OEG still killing it

 

[the Q]

BB or Nokia. Buy and hold. (I’m in both)

How long term are you thinking?

I was looking at them during the drop and missed out. Major mistake on my part

 

[Jay-Bone]

REIT's finally turning up. I've got MITT & IVR. Still a lot of room to run as they're a 1/4 of what they once were.

 

[Bliss]

What’s a good purchase for today? Any recommendations for a novice?

Fidelity or Vanguard index fund.

 

[the Q]

REIT's finally turning up. I've got MITT & IVR. Still a lot of room to run as they're a 1/4 of what they once were.

I like triple net leases and storage ones.

Iron mountain might be the big play. But it’s also for some serious risk

 

[Chin Diesel]

Fidelity or Vanguard index fund.

All my work stuff is with Fidelity- mix of target and company stock.
All my personal stuff is with Vanguard- target and individual stocks.

 

[UConnSwag11]

Fidelity or Vanguard index fund.

or anything Cathie Wood touches