Well on its way. 9.60. This is amazingYeah, I expect it to climb to almost 10 judging from 2 trades in Germany.
I use SSO, 2xIf someone wanted to play SPX/SPY but at 2x or 3x what would be a good ETF?
Mancini calling for a bull SPX run
thx
If somebody buys CYDY shares for USD300k at USD 9.70 via the illiquid German exchange then you somewhat know what this investor expects.Well on its way. 9.60. This is amazing
These are exactly my thoughts. Frankly, I am surprised that chet and his company have not sold enough to cover their cost basis at this point. If they bought a million shares at a average cost of $1 (I know it is lower than that), they only need to sell about 10% to get to even. His steadfast holding has served to inspire me to hold longer than I typically would, so thanks for that, but I have taken profits at several benchmark numbers and look to sell a bit more around $10. I guess it all comes down to our level of risk tolerance (and in my case, trying to balance the holdings in my Roth). Good problems to have.If I were @chet I'd pull down 25-33%.
If it goes to 20 then you're costing yourself about 3-4MM, but you're also locking in a nice chunk in the event Phase 3 comes back bad. These small Biotechs can be unpredictable.
But I also pulled my cost basis out by selling 1/3 of my position at the first 3.50 spike, so WTF do I know
The good news Is I think we are now realistically looking at a floor in the $2-4 range... if #### news came out (barring something completely catastrophic)
I’m not worrying about short term tax. I’ll get destroyed in my taxable account since my wife and I work, but this is about capturing the gains not waiting a year. The results would have to be epic to the point where you felt like it would be a long standing biotech company.Yah, I just did the math and actually not terrible because its already gone up so much with a $ cost avg of $1.88. If I pull out 20% it increases my $1MM target price by 10%.
F short term capital gains tax though
SPXL is the 3X S&P I go to.If someone wanted to play SPX/SPY but at 2x or 3x what would be a good ETF?
Mancini calling for a bull SPX run
thx
Yes. FOMO kicking in with me, but I am gonna hold and not buy more. I only own 1000 shares. At one point I think I had almost 5000.This is just ridiculous at this point.
This is just ridiculous at this point.
I've had the itchy trigger finger to buy more as well, but I am going to let this ride. Have 13,000 shares, but not at that ridiculously delicious .30 per share. I am averaging more along $5/share.Yes. FOMO kicking in with me, but I am gonna hold and not buy more. I only own 1000 shares. At one point I think I had almost 5000.
I suck at getting rich
Rebounded well. That is the fear. If the buyer or two dries up, thing could drop a few bucks in the blink of an eye. But if it absorbs a few sellers, that is a really good sign.Somebody just took some profits and dropped it to $9
Big volumeRebounded well. That is the fear. If the buyer or two dries up, thing could drop a few bucks in the blink of an eye. But if it absorbs a few sellers, that is a really good sign.
Nice volume in the first 15 minutes - almost 4 million shares trades as we blow through $10Rebounded well. That is the fear. If the buyer or two dries up, thing could drop a few bucks in the blink of an eye. But if it absorbs a few sellers, that is a really good sign.
Maybe they are??Why wouldn’t that person just have placed some sell orders spread out over the book? They just lost a ton of money lol.
A few folks here have taken profits today. That is a sign.A close above $9.50 seems like a big win. Obviously $10 is resistance and seems like getting a good wave of selling. Just given where most bought in, could trigger a lot of profit taking.
Yeah a sign Chet got them in super earlyA few folks here have taken profits today. That is a sign.
A close above $9.50 seems like a big win. Obviously $10 is resistance and seems like getting a good wave of selling. Just given where most bought in, could trigger a lot of profit taking.
First hour action is pretty similar to yesterday. The one big dip down. And about 7-8 small dipsA few folks here have taken profits today. That is a sign.
I completely agree a close above 9.50 would be a big win. 10 is such a mental barrier but it seems to have found its corridor between a 9.50 floor and a 10 cap for now.A close above $9.50 seems like a big win. Obviously $10 is resistance and seems like getting a good wave of selling. Just given where most bought in, could trigger a lot of profit taking.
Great call...up 18% so farJust added LCA...the latest high profile SPAC.
Thankssold 20k at 9.74
looking to sell total of 100k shares
Just a cool mil. No biggie.sold 20k at 9.74
looking to sell total of 100k shares