NucksPatsFan Posted December 28, 2020 Share Posted December 28, 2020 41 minutes ago, nuckin_futz said: Put-call ratio is at a 20 year low of .39 . Who exactly is going to get squeezed? No one is short. A few of my holdings have short interest at 38%+ and they are very likely in the red given price action of those stocks. They’ll want to close those positions to write off against 2020 gains. Link to comment Share on other sites More sharing options...
nuckin_futz Posted December 28, 2020 Share Posted December 28, 2020 Not sure why they'd wait until the final 2 days to harvest tax losses? Most short sellers are institutional. They're usually smarter than that. Link to comment Share on other sites More sharing options...
Sp3nny Posted December 28, 2020 Share Posted December 28, 2020 2 hours ago, AriGold2.0 said: Wowza... Where was the heads up?! That's an unreal price... I posted about BFT when I got into the warrants in early December. Was the morning after merger news came out I believe? Can't remember now. But I'm not $1.50 low, thats unreal. I'm $2.70. I'm usually too hesitant to actually promote anything, just more of a "this is what I'm doing" kinda thing lol. Link to comment Share on other sites More sharing options...
Duodenum Posted December 28, 2020 Share Posted December 28, 2020 ACAM started 10.69, check it out, CarLotz SPAC Link to comment Share on other sites More sharing options...
Warhippy Posted December 28, 2020 Share Posted December 28, 2020 1 hour ago, Duodenum said: ACAM started 10.69, check it out, CarLotz SPAC 10% immediate on the common and 110% on the warrant, nice start Link to comment Share on other sites More sharing options...
Duodenum Posted December 28, 2020 Share Posted December 28, 2020 7 minutes ago, Warhippy said: 10% immediate on the common and 110% on the warrant, nice start Pays to get in early. Plus with it being near $10, very little downside. Link to comment Share on other sites More sharing options...
Duodenum Posted December 28, 2020 Share Posted December 28, 2020 Now that stimulus has been signed, I expect a bit of a pull back this week, will get into BFT then, bought a VIX short term ETF right now. Link to comment Share on other sites More sharing options...
Down by the River Posted December 28, 2020 Share Posted December 28, 2020 https://www.bloomberg.com/news/articles/2020-12-28/cathie-wood-buys-back-option-that-had-threatened-control-of-ark The fight for control of Ark Investment Management is over after Chief Executive Officer Cathie Wood purchased the option that threatened her control. Wood entered into an agreement with Resolute Investment Managers that allows her to remain as Ark’s majority shareholder, according to statement Monday. Ark, which has $43.6 billion in assets under management, will retain Resolute’s distribution services for its products. 1 1 Link to comment Share on other sites More sharing options...
Duodenum Posted December 28, 2020 Share Posted December 28, 2020 (edited) 10 minutes ago, Down by the River said: https://www.bloomberg.com/news/articles/2020-12-28/cathie-wood-buys-back-option-that-had-threatened-control-of-ark The fight for control of Ark Investment Management is over after Chief Executive Officer Cathie Wood purchased the option that threatened her control. Wood entered into an agreement with Resolute Investment Managers that allows her to remain as Ark’s majority shareholder, according to statement Monday. Ark, which has $43.6 billion in assets under management, will retain Resolute’s distribution services for its products. What have we learned? You can't beat Cathie. Edited December 28, 2020 by Duodenum Link to comment Share on other sites More sharing options...
Lancaster Posted December 28, 2020 Share Posted December 28, 2020 4 hours ago, Warhippy said: 10% immediate on the common and 110% on the warrant, nice start I caught a bit on the fall and now off about 7%. Hopefully it's just a start of a good run though. Link to comment Share on other sites More sharing options...
skolozsy2 Posted December 29, 2020 Share Posted December 29, 2020 Am I the only one getting abused like a drunken prom date right now by the market Link to comment Share on other sites More sharing options...
Whorvat Posted December 29, 2020 Share Posted December 29, 2020 Oh she's bloody out there right now Link to comment Share on other sites More sharing options...
Warhippy Posted December 29, 2020 Share Posted December 29, 2020 58 minutes ago, skolozsy2 said: Am I the only one getting abused like a drunken prom date right now by the market 50 minutes ago, Whorvat said: Oh she's bloody out there right now 21 hours ago, Duodenum said: Now that stimulus has been signed, I expect a bit of a pull back this week, will get into BFT then, bought a VIX short term ETF right now. Lads, I'd say Dudodenum knew what was up 1 Link to comment Share on other sites More sharing options...
CBH1926 Posted December 29, 2020 Share Posted December 29, 2020 Market is doing ok, stocks that are extremely overpriced and overhyped are cooling off. 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted December 29, 2020 Share Posted December 29, 2020 1 hour ago, skolozsy2 said: Am I the only one getting abused like a drunken prom date right now by the market Nope. Today and tomorrow will be a lot of selling to lock in losses for 2020 or have capital gains reflect on 2020 taxes. aka Link to comment Share on other sites More sharing options...
NucksPatsFan Posted December 29, 2020 Share Posted December 29, 2020 I hope RMG can have a KCAC/QS type run. Trimmed some at 210% (34.70) but willing to risk holding the rest in case it does follow QS Link to comment Share on other sites More sharing options...
nuckin_futz Posted December 29, 2020 Share Posted December 29, 2020 1 hour ago, NucksPatsFan said: Nope. Today and tomorrow will be a lot of selling to lock in losses for 2020 or have capital gains reflect on 2020 taxes. aka Stock trades take 2 days to settle. If you sell tomorrow (Dec 30th) your trade won't settle until 2021 and will reflect on 2021 taxes. The final day to lock in a taxable gain for 2020 is today. 1 Link to comment Share on other sites More sharing options...
Duodenum Posted December 29, 2020 Share Posted December 29, 2020 (edited) 2 hours ago, Warhippy said: Lads, I'd say Dudodenum knew what was up 2 hours ago, Warhippy said: Lads, I'd say Dudodenum knew what was up Quick 1 day 10% on the ETF, now time to build on my positions in TTCF and STPK on the dips. Added BFT in the 15s. Anybody see any good oversold stocks? Edited December 29, 2020 by Duodenum Link to comment Share on other sites More sharing options...
NucksPatsFan Posted December 29, 2020 Share Posted December 29, 2020 50 minutes ago, nuckin_futz said: Stock trades take 2 days to settle. If you sell tomorrow (Dec 30th) your trade won't settle until 2021 and will reflect on 2021 taxes. The final day to lock in a taxable gain for 2020 is today. Damn it's already the 29th. Can't keep track of the days during the holidays. Thought it was the 28th Link to comment Share on other sites More sharing options...
AriGold2.0 Posted December 29, 2020 Share Posted December 29, 2020 On 12/12/2020 at 10:13 AM, HI5 said: -Got the alert from Bloomberg about CIIC from twitter notifications I set for GillianTan (found her via atlas), that they were merging with Arrival. This was my first really big win and I bought my first mass warrant buy at 10,000 warrants for $1.75. I eventually sold early for $3.90 and it went on to hit $7+. I’d be lying if it didn’t bother me, but I can’t complain about the profits I made. -Next I bought GIK warrants 15,000 for $1.49 and flipped them for $1.92 (which also ended up going a lot higher after). -Then I bought almost 7000 warrants in NBAC for $1.96 again sold early for $2.67 (I think they went much higher too). -Flipped ACAM/QELL warrants real quick in there somewhere. BREZW warrants, under $1... Cheappppppp.... Link to comment Share on other sites More sharing options...
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