Stock Thread (50 Viewers)

[fantasycurse42]

https://i.imgur.com/XBcscdS.jpg

I was trying to make a power move and wrestle controlling stake away from Cryptopenis, not happy about the response I'm receiving when trying to submit the order. 

I'll say this much about Interactive Brokers - their execution is amazing, their pricing is by far the cheapest out of any brokerage, but their customer service is the ####### worst. It's going to take waiting on hold for about 2 hours to figure out if I can buy this or not, as I don't see anything I can update in my account settings to allow this purchase. 

 

[Plorfu]

I'm not sure I captured everyone's action today

 

[fantasycurse42]

I'm not sure I captured everyone's action today

 Eminence

Who buys $20 worth of this stuff

 

[Peyton Marino]

Unusual Activity Spotted in Peat Resources Ltd 

Is buying this stuff going to get my brokerage account frozen?

 

[fantasycurse42]

Okay, I've got an order in for 5k shares at .1025 from another account.

 

[fantasycurse42]

Which one of you #######s just upped the bid to .1055?

Just keep your bid at mine at .1025.

 

[Plorfu]

Okay, I've got an order in for 5k shares at .1025 from another account.

yeah, good idea waiting on that .075 pullback.

 

[fantasycurse42]

yeah, good idea waiting on that .075 pullback.

That's a 7% move 

 

[parasaurolophus]

Okay, I've got an order in for 5k shares at .1025 from another account.

Dont whack the bid! Slap that ask!

Everybody put sell orders in for like $27 a share so shorty cant borrow your shares!

Longs will be rewarded!

A true inverse dragonfly hammerstick doji bollinger middle finger harami shadow has formed! Shorty gonna get burned!

 

[Aaron Rudnicki]

I bought 5k at 2:14pm for .108

also bought 5k yesterday at 2:58pm for .1075

 

[Plorfu]

Dont whack the bid! Slap that ask!

Everybody put sell orders in for like $27 a share so shorty cant borrow your shares!

Longs will be rewarded!

A true inverse dragonfly hammerstick doji bollinger middle finger harami shadow has formed! Shorty gonna get burned!

Bye bye weak hands! Rocketship going with or without you! 5 dollars End of February!

 

[parasaurolophus]

Dont worry guys, if it goes down it is just healthy consolidation. Don't let the day traders promote FUD!

Keep an eye out for paid stock bashers. 

 

[RUSF18]

I'll be in for 10k tomorrow. Just need to wait for something to clear. I have like $6 of available funds in my main account and didn't want to get tagged as an Em rip off.

 

[Steed]

Just bought a g unit, lesgo peatf!

 

[Bob Sacamano]

Ha!  I made $.015 since yesterday on every share I sold to you rubes.

Thanks GM!!!

 

[fantasycurse42]

Ha!  I made $.015 since yesterday on every share I sold to you rubes.

Thanks GM!!!

Somebody did just sell 10k shares at ask, that would be good shtick

My bid has been sitting there unfilled at .105 for almost an hour

 

[Bob Sacamano]

WAY TO DEGRADE SHARE VALUE FOR THE REST OF US, MCDUCK!!!!

 

[Capella]

I'm not sure I captured everyone's action today

 the eminence line 

 

[fantasycurse42]

WAY TO DEGRADE SHARE VALUE FOR THE REST OF US, MCDUCK!!!!

I'm just dollar cost averaging my way in. I've got another order at .08 and another at .04 ready to go!!

 

[Capella]

Is this the new crypto thread? 

 

[Bob Sacamano]

Is this the new crypto thread? 

No.  There's a chance the crypto guys make some money. 

 

[Bob Sacamano]

But I'll bet none of them are willing to change their name to Wealthy McVelvettongue to make it happen.

 

[fantasycurse42]

The PEATF ticker is at the top of my list right now  It has a bid/ask spread of 15% and traded a total of about $8k today (of which, we prob make up 75% of that )

 

[cosjobs]

I liked Bobby's synopsis of blockchain and have sent his review to a few people who, like me, are still puzzled over this brave new world of blockchain/crypto etc.  We stumbled upon a tiny little company called Peat Resources Ltd that is trading at all of .10 cents share, but actually has acquired some decent properties in the Congo and plans to incorporate blockchain technology to prove its cobalt and other metals are sourced 'conflict-free', which is going to be something the mining industry and its end users are forced to prove.  When Bobby talks about identifying the companies that might come out of this - for lack of better word - bubble and emerge as having a viable business, I do think there is value in being first to employ blockchain technology in a new avenue such as proving its minerals are not birthed by the hands of children or slaves.

The stock was engaged in peat in the past, which accounts for the name, but I'm told will be changing its name to Cobalt Blockchain.  The properties are legit, according to our boots on the ground.  The stock has already run up massively, but sold off today.  And yes, I know we are discussing a stock that trades at a dime per share today.  I don't own it personally, but I'm going to take a starter position this week.  If nothing else, it's worth putting on the radar and monitoring along as it marries one of the hottest commodities with the hottest buzzword going.  

Put in an order through Fidelity, but they will only process 10,000 shares or less. I put in a limit of .10

 

[Bob Sacamano]

We should probably all coordinate exit points, while we're at it.

I'd like to suggest $1.01.

 

[culdeus]

We should probably all coordinate exit points, while we're at it.

I'd like to suggest $1.01.

You are gonna get the SEC called in.

 

[General Malaise]

@General Malaise Is there a convenient location to find an updated NAV for CBLLF?

Just talked about it in here.  $9.48 CDN.  As for convenient, I just ask our trader who keeps it updated real time.

 

[General Malaise]

I'm in a DRIP program and receive a JPM dividend payout on 1/31... I sent Interactive Brokers a note asking if they can invest those funds into PEAT Resources instead of JPM.

My account was just locked and placed on fraud alert

 

[General Malaise]

I'm not sure I captured everyone's action today

 

[Bob Sacamano]

Just talked about it in here.  $9.48 CDN.  As for convenient, I just ask our trader who keeps it updated real time.

Yeah, I was hoping to learn to fish

 

[Evilgrin 72]

 Eminence

Who buys $20 worth of this stuff

I have like $23 liquid in my account and was going to buy 200 shares as a joke, but unsurprisingly, Robinhood doesn't recognize the ticker symbol.

 

[General Malaise]

Yeah, I was hoping to learn to fish

I just took the number of pounds held (6,574,176) and multiplied it by the blended avg cost of high grade+low grade ($37.48) and added in the cash+royalty (~20MM) and divided this by shares outstanding (34,284,465) and then because I was using US price, multiplied by today's exchange rate of 1.23 and got $9.55, so I'm off by 7 cents, which I can live with because I'm not an accountant and now my head hurts and I need a drink.

 

[Jobber]

In for 620 shares (all I have in cash in Fidelity at the moment). 

 

[fantasycurse42]

IIRC @John Bender was our resident CAT bull...

You still holding GB? I feel like you were in there around $90 or so?

 

[John Bender]

IIRC @John Bender was our resident CAT bull...

You still holding GB? I feel like you were in there around $90 or so?

yeah in at 89 and change.  Sold it last week however on the advice of a friend.  I'll double check what he said to me that made me think it was a good time to collect my profits.

 

[fantasycurse42]

yeah in at 89 and change.  Sold it last week however on the advice of a friend.  I'll double check what he said to me that made me think it was a good time to collect my profits.

That’s a nice ride you took 

They just blew out out again this morning.

 

[John Bender]

That’s a nice ride you took 

They just blew out out again this morning.

Yup - that an APPL made my year (I was buying a #### ton of APPLE every time it dipped below 91 or so).  It was a good time.

 

[Bob Sacamano]

Think I'm going to sell all my PEATF and Crypto and buy into frozen yogurt robots.  The guy on the radio who golfs all the time sounds really happy with his investment in them.

 

[parasaurolophus]

Ya, I’m holding my breath today and will have a sell order teed up. 

hope you got out on the spike AM. Like the 4th or fifth biotech I have seen this year get approved and tank. I get the buy on rumor and sell on news theory, but wouldnt that mean it would have had to have climbed? In the last year this thing is down like 70%. 

 

[Bob Sacamano]

BRIEF-Global Blockchain Announces Strategic Investment Of $3 Mln Into Breaking Data Corp

BY Reuters
— 12:13 AM ET 01/23/2018

Jan 23 (Reuters) - Global Blockchain Technologies Corp :

* DGAP-NEWS: GLOBAL BLOCKCHAIN ANNOUNCES STRATEGIC INVESTMENT OF $3,000,000 INTO BREAKING DATA CORP.

* ‍PURSUANT TO OFFERING, BREAKING DATA ISSUED 1 MILLION COMMON SHARES TO COMPANY AT A PRICE OF CDN$3.00 PER SHARE Source text for Eikon: Further company coverage: ( Bangalore.newsroom@thomsonreuters.com )

 

[Bob Sacamano]

No word yet on when they plan to change their name to Big Data Blockchain

 

[RUSF18]

No word yet on when they plan to change their name to Big **** Blockchain

Fixed

 

[Bob Sacamano]

Fixed

Don't be ridiculous. 

 

[fantasycurse42]

I think we need to come to an agreement on this naming convention and would like to call a board meeting for majority shareholders. 

Topics at hand:

1) Company rename:

"Big **** Billionaires"

"Big Data Blockchain"

"Cobalt Blockchain"

2) ????

3) Profit

 

[fantasycurse42]

Also, I think it is important that we come up with a strategy to bring some more liquidity into our company. 90 minutes into today's trading session and we have only seen $62 worth of our stock traded. 

@General Blockchain Cryptopenis, should I create a newsletter to send out to top investors on Yahoo penny stock chat forums?

 

[RUSF18]

Also, I think it is important that we come up with a strategy to bring some more liquidity into our company. 90 minutes into today's trading session and we have only seen $62 worth of our stock traded. 

Jobber!

 

[parasaurolophus]

Also, I think it is important that we come up with a strategy to bring some more liquidity into our company. 90 minutes into today's trading session and we have only seen $62 worth of our stock traded. 

@General Blockchain Cryptopenis, should I create a newsletter to send out to top investors on Yahoo penny stock chat forums?

I love those forums. I just read this one about a different stock "Candle over candle. About to run!"

 

[fantasycurse42]

Has anyone looked into our quarterly financials, I see some red flags here. 

https://i.imgur.com/4JO64Bj.png

Also, I think we might've forgotten to report last quarter.

 

[General Malaise]

Also, I think it is important that we come up with a strategy to bring some more liquidity into our company. 90 minutes into today's trading session and we have only seen $62 worth of our stock traded. 

@General Blockchain Cryptopenis, should I create a newsletter to send out to top investors on Yahoo penny stock chat forums?

I think maybe it's time I dusted off Forrestmail™ and use dit for less nefarious purposes.  

Also, I now own 50,000 shares of this stupid thing.

 

[Plorfu]

Also, I now own 50,000 shares of this stupid thing.

Insiders buying! Bullish signal! Hang on to your shares!