Very muddied press release, IMO. Pretty tough to follow what they’ve done and what the results are. They’ve treated seven? Only the first four with results so far? Were all four in ICU and only two recovered? Were only two in ICU and both recovered? Pretty confusing.
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Stock Thread (22 Viewers)
- Thread starter St. Louis Bob
- Start date
beef
Footballguy
ACB is one of the big Canadian cannabis companies. I made some decent money on this and CGC when they were OTC. I've been watching it too but just can't get myself to play it again. Feel sort of burnt out from pot stocks.
sheerterror
Footballguy
Can you give a quick summation on ACB? I see it's down massively from it's 1 year high and was on a downward trend even before the corona hysteria. This company checks a few boxes for me - intrigued to jump in.
You burn out.Risky as it loses $. It's a lotto ticket but I noticed it has a ton of outstanding shares after I took a flyer on it at like 2. I would think it survives. Don't have much else. Someone was shorting it big months ago.
The float on that stock is 1.15 BILLION shares....unfortunately.
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beef
Footballguy
NajehHejan
Footballguy
Jumped into BRZU at 1.63 - trying to get a quick 10% then jump out. Pure gamble - I could lose all my money.
AMZN is not going to make you big money over the next few weeks, possibly months. For them it's business as usual. To me, that would be dead money right now.
nice little bump for CYDY this morning
beef
Footballguy
Wooderson
Fight The Power
I hear ya. I'm looking at long holds. Like keep for 20 year cash out retirement type holds. I think AMZN would hold value like almost all stocks right now. Just think there is very little risk 20 years from now with AMZN at this price.
Big League Chew
Footballguy
holding my JNUG waiting for it to soar back into the 40's 
Ewwww. 3x decaying yellow rock.holding my JNUG waiting for it to soar back into the 40's
Big League Chew
Footballguy
alright so i setup a boatloads of alerts on ameritrade. time to kick the feet up and wait for a massive sale
I would on both of the former. I wish I pushed my last cash all in on Wednesday/Monday. Been watching those 2 and ROKU. I purchased ROKU around 90 and again low 60s. I unfortunately made a few purchases a little before the bottom mainly on a 3-5 year timeframe, but at least got some more purchases in last week to make the final results better. If I can get the rest of my cash in at Wednesday/Monday levels then I’ll be happy to sit back for a few years.lod001 said:
Todem
Footballguy
Hedge funds put on a ton of shorts yesterday. Again this is a big game going on within a bear market. Hedge funds and day traders and massive wealthy traders prey on fear and volatility. This is very typical market moves in a bear market/oncoming recession. I expect more blood shed next week and a re-test as I have been saying. We will go all in at that time with the little bit of cash we have left. Go long......and prosper. This is temporary.-OZ- said:
Short term.....most likely. I think a trading range is now forming for the next few months until we start getting back to some normality and we start the climb out of the oncoming recession we are going to be in. I do not think it will as apocalyptic as others want to make it. 12-18 months from now.....we will be basking in a new Bull market.lod001 said:
It is good to have some stability in your portfolio to mitigate volatility and AMZN has proven to be one of those rocks in this unique recession we are entering. Business as usual? I will overweight that stock. In fact is was always an overweight.....but adding more on dips.....prudent for the long term. The company is a juggernaut.lod001 said:
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beef
Footballguy
I got out Wednesday. Seeing it dip down into the $4.80's is tempting to get back in a little, but I don't like seeing Goldman Sachs pushing gold.holding my JNUG waiting for it to soar back into the 40's
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NajehHejan
Footballguy
On the BRZU - I've been watching this stock for about six months. The normal trading channel has been between 20 and 40. Under 2 bucks just seems way way way too low. I believe it is way oversold. If I had gonads the size of Manhattan, I would put $200,000 into it and hold for 10 dollars and then retire for ever. But my testicular fortitude is just not that strong. I'm going to try to jump in and out of this thing on bad days where there is overselling and over panic and try to build wealth that way in small chunks. I'm up 5% so far - just 5 more to go. Fingers crossed....
NajehHejan
Footballguy
AMZN got whacked but it ran back up. At this point they’re only down 10% from the high so they’ve weathered the downturn we’ll. They aren’t ZM or TDOC jumping higher because Amazon is so much larger even though you know they are actually seeing revenue jumps due to stay at home.Wooderson said:
Long term, I think they are a great hold but don’t expect much movement up or down during this pandemic. You are looking long term and that’s not a bad thing. I have a lot of Amazon, including some yet to vest.
cosjobs
Footballguy
Big League Chew
Footballguy
cosjobs
Footballguy
Isn't CV just coming into season in Brazil? Its this low and not even infected yet? I'm intrigued, but will wait and see. How much of that fund is oil based?
cosjobs
Footballguy
cosjobs
Footballguy
Market weirdly stable. Hardly any movement after hours, then down about 4% befoe open and staying there the first hour with little fluctuation.
I see a large selloff toward close, heading into the weekend.
But the bailout not yet passed and could provide an intraday bump when it does, but I think its already baked in current prices and won't sustain.
I see a large selloff toward close, heading into the weekend.
But the bailout not yet passed and could provide an intraday bump when it does, but I think its already baked in current prices and won't sustain.
Wooderson
Fight The Power
AMZN would still be a value buy for long term hold. Just like a lot of stocks right now. I'm looking long term and think I should add AMZN at a time like this.
I don't do much individual stock trades anymore. As years ago I figured it's better to just max out my retirement every year and let that do the work for me. I have re thought that now and have decided to pick out a handful of blue chip stocks throw money at them when the opportunity arises in the next 20 years. This is one of those times.
I feel the novice trader thinks they can beet the market, time the market, outsmart the market. That's just not true IMO get in early and stay in long. "giggty"
ghostguy123
Footballguy
Anyone going to grab any CCL after dropping about 15% so far?
cosjobs
Footballguy
I think most any stock you buy right now is less stable than AMZN is my point. That's why there is no real discount.
The key for me right is picking stocks with a good discount and future growth and stability assured. Those are pretty rare. I think there will be more to choose from in the next couple weeks at lower prices,
Big League Chew
Footballguy
i have it in my crosshairs.. waiting until the massive sell off towards the end of the day
ghostguy123
Footballguy
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Really not sure on MGM. MGM is a buy right now but I am gonna watch the market today. Fridays have been crazy.
ROKU is probably long term.
Helen Meisler - NAZ volume yesterday was lightest since march 5th.
Mancini - Bears stepped in overnight in $SPX from the sell-zone I posted for ~100 points so far but very long day ahead & the past 4 Friday's all had extremely dramatic moves into the close. 2490 in #ES_F is key today (rising 1hr TL from last Friday).Bears need below to see more downside. i think we probably have another leg up here 2670ish
RevShark - This just a very large countertrend bounce. Look for a sizable pullback and then some very choppy and sloppy action.
cosjobs
Footballguy
I would not buy that with your money. I do not see how it avoids bankruptcy, unless they convert everything to hospital ships.
Big League Chew
Footballguy
i believe trump gave them an option to become US companies if they want that bailout
Jefferson the Caregiver
Rebel Without A Pause
Slack is a great product but it hasn't been profitable. There is no question some businesses have added it recently since more people are working from home but not sure about it as a long term investment. They have a lot of competition, MSFT being one of the big ones.
Capella
Footballguy
That’s the way it should be. The nerve of them to skate around us taxes and then ask for a bailout. Beyond belief.
Big League Chew
Footballguy
yeah i didn't quite understand the thinking behind that one. its kind of like when youre a kid in school with a pack of gum, all the kids come running up for a piece and then the one or two kids you cant stand ask
My dad wants to buy that. He's 94 now and he's 'gambling'. His own words. Said it like he was Frank Costanza. Had to have my brother go over there and monitor his trades.
Man, that has taken a beatdown. adding to watch list cause it is down HUGE.
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