It’s definitely a stock where retail/new investors are driving it. I don’t think they drive the whole market but definitely driving some individual stocks.
It’s definitely a stock where retail/new investors are driving it. I don’t think they drive the whole market but definitely driving some individual stocks.
I work for a financial institution. Mondays are the busiest day of the week. The first of the month is usually the busiest day of the month. When Monday falls on the first of the month, it is like a double whammy, and calls take longer to answer, more stress on systems, etc. - don't know if that is the case for your bank, but FYI.BassNBrew said:Anyone else noticing how unstable many online platforms are right now. Just this morning I had a problem with Fidelity. Now my bacnk is saying documents unavailable and then they are available seconds later. Wondering if all this remote access is bogging down many of these platforms and if there's a potential play here besides Amazon?
How do you know if you qualify. I’m with Fidelity and I’ve gotten emails from their wealth advisors because I’ve got enough in my accounts to get contacted. Would they offer stuff like that or do you go on the brokerage’s site somewhere and ask to get in on it?Anyway, I apparently qualify to participate in this one through TD Ameritrade so I'm wondering if this one has a chance to pop at the open like a few of the last IPO's. Doing my own research but was curious if anyone was familiar. I went through the prospectus but I'm not an expert - I can see they are operating at a loss which is common for IPO's, revenue is increasing a lot, and they're openly saying they are just going to aggressively go after market share for a while.
Stonks go up, never downCapella said:I don’t see the correlation between protests/rioting and the stock market at all.
I feel like gambling today so I opened a microscopic position in this one.TripItUp said:Just bought GNUS...this thing may really run. A ton of positive press and some really big backers like Buffett.
Currently feels like nothing can stop the momentum. Anytime there is uncertainty, the market doesn't tend to like it so normally I would expect a negative reaction to the protests/rioting and would have predicted a decline today. Still feel like an overall decline is coming but I've felt that way for over six weeks now so certainly been wrong on the timing at least.Stonks go up, never down
It just gave me the option to participate in my ROTH. In my traditional, where I would prefer it right now, it didn't give me the option so I'm on the phone now and they're correcting it.How do you know if you qualify. I’m with Fidelity and I’ve gotten emails from their wealth advisors because I’ve got enough in my accounts to get contacted. Would they offer stuff like that or do you go on the brokerage’s site somewhere and ask to get in on it?
Yea I don’t know what stops the momentum but it’s not going to be some kids breaking into a GameStop and some fires in the street. The market just doesn’t care.Currently feels like nothing can stop the momentum. Anytime there is uncertainty, the market doesn't tend to like it so normally I would expect a negative reaction to the protests/rioting and would have predicted a decline today. Still feel like an overall decline is coming but I've felt that way for over six weeks now so certainly been wrong on the timing at least.
Sorry. I just threw up in my mouth a little.when the youngest graduates HS in 13 years.
No ####Sorry. I just threw up in my mouth a little.
Catholic?No ####
4 boys, 1 girl
The first is a senior this year, he might attend community college or trade school. So he's fairly easy. Good kid, not academically oriented. But there's a Toyota plant opening near us soon, maybe he can get in there.
Second is a freshman, 4.0 student, already taking AP classes, smart and hard working. Wants to attend a small Bible college and be a youth minister. That's been a fun conversation to try to talk him out of and into something where he could support a family. And the school he wants to attend costs $40k in tuition (not happening on my dime).
Kid 3 is going into 7th grade, wicked smart. Wants to be a programmer or game designer. We'll see how that goes.
Kid 4 is heading into 4th grade, no idea what he wants in life.
Then there's the girl. Starts kindergarten next year. She's a warrior princess.
Maybe you should take a look at CHDNo ####
4 boys, 1 girl
The first is a senior this year, he might attend community college or trade school. So he's fairly easy. Good kid, not academically oriented. But there's a Toyota plant opening near us soon, maybe he can get in there.
Second is a freshman, 4.0 student, already taking AP classes, smart and hard working. Wants to attend a small Bible college and be a youth minister. That's been a fun conversation to try to talk him out of and into something where he could support a family. And the school he wants to attend costs $40k in tuition (not happening on my dime).
Kid 3 is going into 7th grade, wicked smart. Wants to be a programmer or game designer. We'll see how that goes.
Kid 4 is heading into 4th grade, no idea what he wants in life.
Then there's the girl. Starts kindergarten next year. She's a warrior princess.
Nope. Wife's been on birth control (IUD) since kid 4. (Daughter is adopted from China)Catholic?
Heart defects?Maybe you should take a look at CHD
It was a joke. You're a FMF. F=fertile.Nope. Wife's been on birth control (IUD) since kid 4. (Daughter is adopted from China)Catholic?
She wants another too. I’m almost 43.At least you're not Cappy.
The biggest obvious challenge is still Covid. The protests have pushed it aside--but its still here and it's still burning through the population. I still believe in the markets long term--as you personally know--I've been touting amazon, big tech, disney long term, @TripItUp (thank you by the way--I'm not sure if I gave you proper props for that recommendation) for draft kings, I dipped my toes into some Winnebago and Thor today--but I'm not all in yet. I'm investing--but investing cautiously. I still have my precious metals which have been really good for me--and my investment properties--which have also been good. I would kinda track the covid numbers--as we basically just had days of mass gatherings with no social distancing and not everybody wearing masks in many of the biggest cities in the country. If the numbers start to spike--that could be concerning.Yea I don’t know what stops the momentum but it’s not going to be some kids breaking into a GameStop and some fires in the street. The market just doesn’t care.
Pretty sure I've shared this before, but my wife and I were married 9 years before we decided to, uh, pull the goalie.She wants another too. I’m almost 43.
If it makes you feel any better there was a study not too long ago that showed that mutual fund managers outperformed the general market when buying stocks but underperformed the market when selling. I.e. they didn't know when to sell, either. So, you're far from alone here.JoeSteeler said:My issue seems not knowing when to sell. I am up 120% on DKNG and part of me feels like I should sell some but part of me feels like it could go much higher and wants to hold.
I can’t wait to learn how you’re affiliated with Doc Patterson. How much longer do we need to wait?Another CYDY call tomorrow. Hopefully Nader makes this one worthwhile but I'm skeptical.
Same request: anyone dialing in, please ask why Dr. Patterson isn't on the call and emphasize his importance for the credibility of the message they're delivering.
TIA
I will re-post the favor request again tomorrow.
Date: Tuesday, June 2, 2020
Time: 12:30 pm ET / 9:30 am PT
Access:https://www.wallstreetreporter.com/next-superstock-online-investor-conference/
Interested participants are encouraged to login early prior to the start of the event, as the online event has a capacity of 3,000 participants. Please note that there will be no telephone access; this is a webcast only event. The livestream presentation will be archived for 30 days. For anyone unable to attend, a video will be posted on CytoDyn’s website approximately 24 hours after the presentation. The conference sponsor provides corporate visibility services to CytoDyn for a fee.
I think he is the Doc.I can’t wait to learn how you’re affiliated with Doc Patterson. How much longer do we need to wait?
Many thanks for the stock tip! “Chet” is a legend around the house with the wife.
We look at indicators completely differently. I personally think RH is the exact lineup of stocks I want to short. HTZ is just one example but they're still buying a bankrupt stock.GNUS was the 4th most added stock on Robinhood in May, trailing only Draftkings, Spirit Airlines, and MGM. Gotta like that.
On their own I don't think the RH numbers mean a whole lot, they definitely invest in a lot of junk over there. But if a stock actually has good reason to be rising, I think surging interest on Robinhood could be a good thing. I might be totally wrong.We look at indicators completely differently. I personally think RH is the exact lineup of stocks I want to short. HTZ is just one example but they're still buying a bankrupt stock.
https://www.thestreet.com/etffocus/market-intelligence/robinhood-investors-pile-into-hertz-as-stock-approaches-0
I can't remember the last time I've looked at a file where the pre-petition equity had any value when the unsecureds traded at cents on the dollar. I vaguely recall some cases of this in Latin America, where creditor protections are not as robust (some of which I unfortunately owned) but don't recall anything in the U.S.We look at indicators completely differently. I personally think RH is the exact lineup of stocks I want to short. HTZ is just one example but they're still buying a bankrupt stock.
https://www.thestreet.com/etffocus/market-intelligence/robinhood-investors-pile-into-hertz-as-stock-approaches-0
RH has been a great indicator of stock runs...hoping it's the same for GNUS.GNUS was the 4th most added stock on Robinhood in May, trailing only Draftkings, Spirit Airlines, and MGM. Gotta like that.
Well, no gnews is good gnews with Gary Gnu.RH has been a great indicator of stock runs...hoping it's the same for GNUS.
GNUS is one of the few stocks on my watchlist that is green afterhours tonight.
Definitely pumped by RH. It was a $15M market cap company a couple weeks ago. It just raised $30M just based on the huge bump up. This RH phenomenon is interesting. Reminds me of cryptocurrency where there’s been documented shenanigans because there’s no real regulation and early owners could easily manipulate prices. Get a small stock on RH buy radar and you’ve got an instant spike. It’s like watching Boiler Room in real life.RH has been a great indicator of stock runs...hoping it's the same for GNUS.
GNUS is one of the few stocks on my watchlist that is green afterhours tonight.
One of my favorite movies.Definitely pumped by RH. It was a $15M market cap company a couple weeks ago. It just raised $30M just based on the huge bump up. This RH phenomenon is interesting. Reminds me of cryptocurrency where there’s been documented shenanigans because there’s no real regulation and early owners could easily manipulate prices. Get a small stock on RH buy radar and you’ve got an instant spike. It’s like watching Boiler Room in real life.
What is the best way to see where the RH sentiment is? Would like to dig into this and hoping someone can point in the right direction.Definitely pumped by RH. It was a $15M market cap company a couple weeks ago. It just raised $30M just based on the huge bump up. This RH phenomenon is interesting. Reminds me of cryptocurrency where there’s been documented shenanigans because there’s no real regulation and early owners could easily manipulate prices. Get a small stock on RH buy radar and you’ve got an instant spike. It’s like watching Boiler Room in real life.
GNUS up 16% pre-marketDefinitely pumped by RH. It was a $15M market cap company a couple weeks ago. It just raised $30M just based on the huge bump up. This RH phenomenon is interesting. Reminds me of cryptocurrency where there’s been documented shenanigans because there’s no real regulation and early owners could easily manipulate prices. Get a small stock on RH buy radar and you’ve got an instant spike. It’s like watching Boiler Room in real life.
Again when I give that type of sell half after a 100% gain and look for another company. I am heavily focsued on people who have limited funds and are looking to build out a portfolio vs a person with say 500K or more and investing long term in a basket of stocks.stbugs said:It’s not a bad idea especially if you don’t see the stock continuing to grow. Right now, it might be a wee bit frothy so it could be a good choice. That said, if I sold half of my ZM at $130 and half my FSLY at $34, I would have missed out on another 50% and 33%. I’m also holding for a few years on both so it’s your timeframe on the stock that could decide when to sell. You don’t lose selling at a profit but you can also miss out on huge gains if you picked the right dog like Apple or Google or Netflix or Amazon, etc. Sometimes for some unique companies it was an amazing time to buy more after a 100% gain. Anyway, I think @Todem’s advice is very sound but there are many multi-baggers out there that you just want to ride even if they dip 50% in March 2020.
I'm only posting this because I think it's relevant to some of the news that might be causing today's spike, so it's worth filing away. This is my official "Political post but not really a political post" disclaimer.
With Moderna on fast track status and their aggressive path announced today, it's worth noting that the new "Therapeutics Czar" tabbed in the last week to coordinate vaccine efforts, currently sits on the board of Moderna.
Maybe they're the first ones we're hearing about because they're the best so far, but this seems like a conflict worth noting.
I think the fact that their corruption is so out in the open it can be harder to see.Moderna to be investigated? Those stock sales stick to high heaven.
I'm grateful for this advice, so thanks.I am heavily focsued on people who have limited funds and are looking to build out a portfolio
I have one too! One minute she's wearing an Elsa dress, then next she's in her skivvies karate chopping her big sister. Maybe we could get them to team-up and form a new Avengers group.Then there's the girl. Starts kindergarten next year. She's a warrior princess.
I might do that if the stock starts the day strong.So what's the play on CYDY today. Trim some shares on any strength today and buy back after the conference?
Or have Davey mention it live...Definitely pumped by RH. It was a $15M market cap company a couple weeks ago. It just raised $30M just based on the huge bump up. This RH phenomenon is interesting. Reminds me of cryptocurrency where there’s been documented shenanigans because there’s no real regulation and early owners could easily manipulate prices. Get a small stock on RH buy radar and you’ve got an instant spike. It’s like watching Boiler Room in real life.