Stock Thread (33 Viewers)

[2Squirrels1Nut]

Bought 5 Nov 19 SPXS calls with a $23 strike at $1.64.  

If Monday is a rocket ship like today will add more. 

ETA

This purchase and potential future adds is based solely on the premise that historically October is the worst month for the markets. I'm not trying to time the market.  I purchased this earlier in the week because of geopolitical pressures, debt ceiling in this case, and will do so again if I see something similar.  Other than that, I'll continue to be a bullish long. 

Because I know you guys are always tailing me. 



 

 

[2Squirrels1Nut]

It looks like there has been a lot of interest nat gas since April 2021 about $2.5. Has been steadily rising since and over $4.

I don't know, any meteorologist in here? More crazy weather coming? 

<_<  No replies, going in on 174 UNL

Nailed this one though.

I'm sure there are others we could move in and out of every year for some easy money as long as we buy a month or so in advance. 

~CHDN gets a bump prior to the Derby every year 

~Gasoline at the start of summer

Any others?  Electric companies prior to summer? 

 

[stbugs]

I see that $FLGT is dropping because Merck has completely cured all diseases and, as a result, nobody will ever need whatever gene research has to offer ever again. That’s nice.

Shh, I’m hoping it keeps dipping a bit. Still have another month until the next earnings report. Kind of figured the CV testing would fade away after this year anyway and this pill won’t really impact that at all.

I should have just kept all the damn shares I bought in early 2020. SMH.

 

[Swaymoney]

Anyone with any info on VTEX?  Was reading an article that basically stated that this stock is a better investment than SHOP.

Thoughts?

 

[stbugs]

Anyone with any info on VTEX?  Was reading an article that basically stated that this stock is a better investment than SHOP.

Thoughts?

It’s tiny compared to SHOP so real chance it could be a better long term investment. What’s in the article because my only worry at a first glance is that at it’s size, it’s only growing 18% without the bump in FX. That’s about half or a third of what SHOP is growing and they have 40 times the revenue. Does it have something better and is it gaining traction? That’s what I’d want to know. WIX is kind of in the same arena and I’m watching that because it’s price has come down so much because their growth has slowed, but even then I think it’s still higher than 18%.

 

[stbugs]

Damn, another kick to the crotch today. Just staying the course. News on repeat, will have more fun come November!

 

[Sand]

Damn, another kick to the crotch today. Just staying the course. News on repeat, will have more fun come November!

The effects of this enduring...errr... temporary... inflation seems to be dragging us down.  We'll see when this worm turns, but it may be a while.  I've gotten myself to very short duration fixed income as I expect long bonds will be hurting for a while.

 

[Sand]

In other news, PLTR seems to be swinging back down to ~22 and ready for another buy cycle.  This one has been a nice sine wave for a bit and I'm going to see about catching the wave again.

 

[beef]

I'll take this dip and add some TQQQ for the late Q4/Holiday run.  

 

[stbugs]

The effects of this enduring...errr... temporary... inflation seems to be dragging us down.  We'll see when this worm turns, but it may be a while.  I've gotten myself to very short duration fixed income as I expect long bonds will be hurting for a while.

All my stuff is truly long term, so riding it out. Got plenty of cash and enough long term gains items to weather a storm for a long time.

 

[Capella]

Amazon red for the year. Good Christ. 

 

[2Squirrels1Nut]

Nailed this one though.

I'm sure there are others we could move in and out of every year for some easy money as long as we buy a month or so in advance. 

~CHDN gets a bump prior to the Derby every year 

~Gasoline at the start of summer

Any others?  Electric companies prior to summer? 

Okay, I'll stop throwing out suggestions. 

 

[2Squirrels1Nut]

Added to my AAPL stock pile with 500 more at $139.00

 

[ChiefD]

Added to my AAPL stock pile with 500 more at $139.00

Thanks for the heads up.

Just bought some in my kids accounts for $138.83.

 

[nysfl2]

In other news, PLTR seems to be swinging back down to ~22 and ready for another buy cycle.  This one has been a nice sine wave for a bit and I'm going to see about catching the wave again.

SQ also down to a level that makes it a really good buy

 

[beef]

Some of these tech dips are reminding me of last year at this time.  Summer rises with August peaks.  Followed by dips in October back down to June prices.

Increased my TQQQ position by 33% today.    

 

[BassNBrew]

Amazon red for the year. Good Christ. 

considering replacing the shares I sold at $3500. 

 

[pecorino]

I see that $FLGT is dropping because Merck has completely cured all diseases and, as a result, nobody will ever need whatever gene research has to offer ever again. That’s nice.

I'm a buyer of FLGT November $85 calls. Going for around $6.50 this afternoon.

 

[BassNBrew]

FLGT taking a beating. Replacing the shares I sold in the 90s. They have to be an acquisition target at these prices

 

[2Squirrels1Nut]

Some of these tech dips are reminding me of last year at this time.  Summer rises with August peaks.  Followed by dips in October back down to June prices.

Increased my TQQQ position by 33% today.    

 Correct. EOY isn't too far away. Lock in gains to show your clients how awesome you are, buy back December/January. 

Of course we could all stop using Apple, Google, Amazon etc., too. lol

 

[Gilroy34]

Just bought AAPL, ADBE, PYPL and COST

 

[stbugs]

Added more FLGT as well.

 

[stbugs]

I'm a buyer of FLGT November $85 calls. Going for around $6.50 this afternoon.

What do those numbers mean? You get 100 shares per option, correct? Does that mean you are paying $6.50 to own those shares if they get above $85 before the end of November? For instance if it hits $100, would the options be worth $1500 for $6.50 and if it doesn’t hit $85, you get $0?

Just in case, I just applied to add options trading to one account. I don’t see myself diving in a ton but if what I said above is the case, I’d be very interested in adding a few options for a little lottery ticket. 

 

[Sand]

What do those numbers mean? You get 100 shares per option, correct? Does that mean you are paying $6.50 to own those shares if they get above $85 before the end of November? For instance if it hits $100, would the options be worth $1500 for $6.50 and if it doesn’t hit $85, you get $0?

He bought the option to buy shares for $85.  As far as P&L you can look up calculators online to generally see how this works out - his breakeven is going to be $91.50 at expiration.

 

[pecorino]

What do those numbers mean? You get 100 shares per option, correct? Does that mean you are paying $6.50 to own those shares if they get above $85 before the end of November? For instance if it hits $100, would the options be worth $1500 for $6.50 and if it doesn’t hit $85, you get $0?

Just in case, I just applied to add options trading to one account. I don’t see myself diving in a ton but if what I said above is the case, I’d be very interested in adding a few options for a little lottery ticket. 

It means that I think FLGT will rise in the next few days and so therefore the value of the options will rise accordingly and then I can sell them for a profit. I have no intention of holding those calls until expiration or of owning the stock.

Some background: the reason to do this is that one can "invest" less than $700 to buy a call which represents 100 shares. If I outright bought shares with $700, I'd own like nine of them. Less principal, much more leverage. If the price rebounds to, say $85, which is where it was recently, then those calls will be worth $10 or $11 (meaning, $1000 or $1100), netting a gain of about 50%. Owning stock would yield a gain of about 10%. On the other hand, if the share price remains where it is or drops, then the calls will be nearly worthless. 

 

[stbugs]

He bought the option to buy shares for $85.  As far as P&L you can look up calculators online to generally see how this works out - his breakeven is going to be $91.50 at expiration.

Ok, got it so $6.50 per share not for the bundle. 

 

[pecorino]

Ok, got it so $6.50 per share not for the bundle. 

$6.50 is the price of one contract (representing 100 shares) and is an outlay of $650. 

 

[Sand]

Ok, got it so $6.50 per share not for the bundle. 

$6.50 for the option of buying the shares.  

 

[Sand]

Bought a slug of PLTR for the swing.  Bought a bit of IONQ warrants - go big or go home (on the cheap!)

 

[kevzilla]

Down 2.43% today. I bet when I stop hitting myself in the head with this hammer, it's going to feel really good.

 

[FreeBaGeL]

Added to AMZN, AAPL, DOCN, GLBE, INMD

Started positions in ADBE, UPST, SQ, PYPL, ASAN

Still have a bit left if we keep going down, but mostly fully in now.

 

[Swaymoney]

It’s tiny compared to SHOP so real chance it could be a better long term investment. What’s in the article because my only worry at a first glance is that at it’s size, it’s only growing 18% without the bump in FX. That’s about half or a third of what SHOP is growing and they have 40 times the revenue. Does it have something better and is it gaining traction? That’s what I’d want to know. WIX is kind of in the same arena and I’m watching that because it’s price has come down so much because their growth has slowed, but even then I think it’s still higher than 18%.

https://seekingalpha.com/article/4458136-invested-in-shopify-shop-consider-younger-vtex-stock?mail_subject=shop-invested-in-shopify-consider-the-younger-vtex&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

 

[KGB]

BROS $50 Call purchased a few days back.  $11,516

01/21/22 exp date

20 contracts $5.76 ave cost.  Current price $6.55  - $13,100

 

[stbugs]

https://seekingalpha.com/article/4458136-invested-in-shopify-shop-consider-younger-vtex-stock?mail_subject=shop-invested-in-shopify-consider-the-younger-vtex&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

Thanks. The growth in the article looks decent, but they just had Q2 2021 earnings and it was less than 20% growth, which is a big deceleration. SHOP on the other hand, even with a much larger base, grew 57%. I assume that's why VTEX dropped about 10% after earnings and another almost 10% the day after. I'd just want to know why there was so much deceleration. I think GLBE may be more similar to VTEX even if it's a partner of SHOP because I think they handle bigger brands as well. GLBE has a bigger market cap, bigger revenue and is growing even more (almost 100% in Q2). Definitely worth watching Q3 and Q4. I own some SHOP that I bought last March, unfortunately just a small investment, so only 6 shares because I'm a dummy. I have some GLBE as well, but still a half share, maybe a bit less.

 

[TripItUp]

I'm mostly on the sidelines as of early last week.   

I'll start adding as we navigate red October...will try to post here.   

 

[Nugget]

I'm mostly on the sidelines as of early last week.   

I'll start adding as we navigate red October...will try to post here.   

Would love to see the debt ceiling behind us.  

 

[identikit]

Maybe a green day today

 

[ChiefD]

Maybe a green day today

I hope so. Been tired of the boulevard of broken dreams the last few days. 

 

[identikit]

Anyone have a short-term stock play this morning?

 

[ChiefD]

Anyone have a short-term stock play this morning?

You might take a look at DPLS. It's a penny stock and it's been dripping down for a few days. Over the last few months once it hits this level it seems to bounce back up over .10

Keep in mind - I am an extreme novice at this. But that's what I've seen on this one. I've got a large chunk of this I bought for less than a penny, but I've been trading these dips and bumps for the last few months. 

 

[beef]

Anyone have a short-term stock play this morning?

I'm stuck in a boring work call and am looking for something else to play too.  The only only one I've been adding to recently is TQQQ.  Might be more of a 2 month ST play than 2 weeks or 2 days.   DKNG under 49, but already added there.  

 

[identikit]

You might take a look at DPLS. It's a penny stock and it's been dripping down for a few days. Over the last few months once it hits this level it seems to bounce back up over .10

Keep in mind - I am an extreme novice at this. But that's what I've seen on this one. I've got a large chunk of this I bought for less than a penny, but I've been trading these dips and bumps for the last few months. 

Thanks, gb

Took a ride with this before, and sold too early.

May get back on today

 

[ChiefD]

Thanks, gb

Took a ride with this before, and sold too early.

May get back on today

Hope you got in at the open this morning. 

 

[identikit]

Hope you got in at the open this morning. 

I tried....

Have a limit order @ .095 that hasn't triggered yet.

 

[JB Breakfast Club]

Anyone else track RVLV? It seems to bounce between 60 and 70 quickly and regularly. Any swing traders on it?

 

[Al Czervik]

The $CEI saga has been an interesting follow today.  Stocktalkweekly has the firm who put out the short report on Twitter live.  They are trying to get the CEI CEO next.

 

[2Squirrels1Nut]

I'm stuck in a boring work call and am looking for something else to play too.  The only only one I've been adding to recently is TQQQ.  Might be more of a 2 month ST play than 2 weeks or 2 days.   DKNG under 49, but already added there.  

Good call.  I was up all night or would have been right there with you. 

 

[ChiefD]

The $CEI saga has been an interesting follow today.  Stocktalkweekly has the firm who put out the short report on Twitter live.  They are trying to get the CEI CEO next.

So, what's the story here? Haven't followed along.

 

[Al Czervik]

So, what's the story here? Haven't followed along.

Two big FinTwit Furus called the stock out at sub 0.50.  Ran up to almost $5.  Lots of tweets about the thing mooning, carbon capture is going to take off, lots of people probably chasing. Short report comes out today with lots of big concerns if true.  Tanked back down to $1.  Lot's of halts down and now currently halted for news.

 

[pecorino]

I tried....

Have a limit order @ .095 that hasn't triggered yet.

I have been holding 10000 shares of DPLS and then buying 20000 more at $0.095 and selling those around $0.11 or $0.12. Done it three or four times. So far so good.