Warhippy Posted May 28, 2020 Share Posted May 28, 2020 (edited) 8 minutes ago, NucksPatsFan said: Probably too high of a sell stop at 2.85 as it'll probably jump around between 2.8 and 2.9 for a while. I'm still figuring things out. I lost $$ on a trigger selling ABIO early. Had no idea it would reach $14+, looking at it now over $16 and I am a sad sad man Edited May 28, 2020 by Warhippy Link to comment Share on other sites More sharing options...
nuckin_futz Posted May 28, 2020 Share Posted May 28, 2020 24 minutes ago, NucksPatsFan said: Never seen this before. GNUS was trading at about 2.60. They announced they're raising cash at a 1.50 offering. Everyone sold off, and I mean everyone. It crashed from 2.60 to 1.60 in like 10 seconds lmao. and now it's back up. Some day traders just made their weekly targets in a matter of minutes. Wow. Which ever firm takes the offering at $1.50 first shorts an equal amount around $2.60ish. That's how they get paid. Once the Johnny Come Lately gambling set clears out it should sink to that price. And that's where they will cover their shorts. 23 minutes ago, Warhippy said: Trading just halted for MARK a moment ago. Wonder what's going on It's a volatility halt. If a stock drops +10% in 5 minutes or less trading is halted for 5 minutes. That excludes a specific amount of time directly after the open and directly before the close. Link to comment Share on other sites More sharing options...
CBH1926 Posted May 28, 2020 Share Posted May 28, 2020 Small cap stocks are volatile, if you buy 50mil worth of Apple it’s drop in a bucket that won’t move it up or down. Buying 50mil of a small stock can manipulate it significantly. Link to comment Share on other sites More sharing options...
yoshiyoshi Posted May 28, 2020 Share Posted May 28, 2020 Damn im doing terribly today. EVFM going down hard, GNUS crashed while i was out (why didnt i put a trigger to sell at 2.5?) and i didnt buy into ABIO at 11$ when i was thinking about it. Gonna end up like 3k in the hole today Link to comment Share on other sites More sharing options...
Warhippy Posted May 28, 2020 Share Posted May 28, 2020 5 minutes ago, yoshiyoshi said: Damn im doing terribly today. EVFM going down hard, GNUS crashed while i was out (why didnt i put a trigger to sell at 2.5?) and i didnt buy into ABIO at 11$ when i was thinking about it. Gonna end up like 3k in the hole today I sold ABIO at just about $13 a share for $944 profit...had I held that would now be closer to $4k. Dammit Link to comment Share on other sites More sharing options...
Lancaster Posted May 28, 2020 Share Posted May 28, 2020 Darn..... missed out on buying HTZ for $0.50.... it went down to only 0.52, lol. Good news... NDM finally going back up.... after holding it for the past 3-4 years.... Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 39 minutes ago, Warhippy said: I sold ABIO at just about $13 a share for $944 profit...had I held that would now be closer to $4k. Dammit Look at it now. I'm gonna go cry. Link to comment Share on other sites More sharing options...
Warhippy Posted May 28, 2020 Share Posted May 28, 2020 3 minutes ago, NucksPatsFan said: Look at it now. I'm gonna go cry. I feel sick. That's $6100 I missed But I also made $944 off of a snap trade. Sold my VTIQ shares bought that made bank, so can't cry about made money on two accounts today. Link to comment Share on other sites More sharing options...
CBH1926 Posted May 28, 2020 Share Posted May 28, 2020 Every time village idiot opens his mouth, we lose money. 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 MARK climbing in after hours. Man, I wish I had that kind of influence on the market that Wall Street does. Link to comment Share on other sites More sharing options...
Warhippy Posted May 28, 2020 Share Posted May 28, 2020 9 minutes ago, CBH1926 said: Every time village idiot opens his mouth, we lose money. oh my god I said I was sorry 1 Link to comment Share on other sites More sharing options...
Warhippy Posted May 28, 2020 Share Posted May 28, 2020 2 minutes ago, NucksPatsFan said: MARK climbing in after hours. Man, I wish I had that kind of influence on the market that Wall Street does. If it hits $3.40 after hours I wonder if my trigger will occur in the morning Link to comment Share on other sites More sharing options...
yoshiyoshi Posted May 28, 2020 Share Posted May 28, 2020 Anyone have any good resources to learn more about doing this stuff? I obviously dont know enough to make good decisions. Thought i was figuring stuff out after last week but this week has gone downhill fast. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 5 minutes ago, Warhippy said: If it hits $3.40 after hours I wonder if my trigger will occur in the morning Is your order GTEH? Link to comment Share on other sites More sharing options...
Warhippy Posted May 28, 2020 Share Posted May 28, 2020 Just now, NucksPatsFan said: Is your order GTEH? believe so, so ya i probably did it right. watch it hit $7 after I short sell Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 6 minutes ago, yoshiyoshi said: Anyone have any good resources to learn more about doing this stuff? I obviously dont know enough to make good decisions. Thought i was figuring stuff out after last week but this week has gone downhill fast. In order I went: 1. Investopedia 2. Youtube 3. Practice account (tons of brokers online will give you a free account with fake money to play around with and learn how to trade, test your gut, etc.) 4. Figure out how much you have to invest 5. 80% got distributed across my long term hold stocks (think banks, airlines, blue chips, dividends, indexes, etc) and 20% went to swing trading. 6. Profits from the swing trading go back into the long term 7. X amount every pay cheque goes into my trading account, same math: 80% of that amount into the long term holds, 20% into the fun money 8. Rinse and repeat. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 (edited) 3 minutes ago, Warhippy said: believe so, so ya i probably did it right. watch it hit $7 after I short sell I'll send you a bottle of caymus if it hits $7 Edited May 28, 2020 by NucksPatsFan Link to comment Share on other sites More sharing options...
Warhippy Posted May 28, 2020 Share Posted May 28, 2020 18 minutes ago, NucksPatsFan said: I'll send you a bottle of caymus if it hits $7 Deal Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 MARK paid off their debt with cash left over Link to comment Share on other sites More sharing options...
NucksPatsFan Posted May 28, 2020 Share Posted May 28, 2020 1 minute ago, NucksPatsFan said: MARK paid off their debt with cash left over And up it jumps Link to comment Share on other sites More sharing options...
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