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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 07-15-2020, 04:37 PM   #5656
jdubya jdubya is offline
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See if it supports $3 for awhile and then just stop loss it there if it does. Hopefully it climbs and you can sell at a higher price.

How many shares do you have?
I wish much more than I do but since I have never traded before and was just bored during lockdown I opened an etrade account with some play money. I believe I only bought about 3 or 500 shares when it was just around $1 or so. I also bought some AAL at $9, OXY, MRO.......but again just pocket change to have some fun. This is why I am not terribly nervous about holding or not.....not enough skin in the game lol...
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Old 07-15-2020, 05:11 PM   #5657
philfree philfree is offline
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Selling naked puts!


Have that cash ready man!
I've got the Jack. I bought into a subscription that picks the stocks and the terms so all I do is execute the trade. They have an over 90% hit rate so we'll see how it goes. I feel good about it.
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Old 07-15-2020, 05:13 PM   #5658
lewdog lewdog is offline
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I've got the Jack. I bought into a subscription that picks the stocks and the terms so all I do is execute the trade. They have an over 90% hit rate so we'll see how it goes. I feel good about it.
Interesting. Options can be useful.

Care to share the stock you’ve sold options on?
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Old 07-15-2020, 05:13 PM   #5659
Hog's Gone Fishin Hog's Gone Fishin is offline
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I own 3000 shares of IBIO.

Feel free to kiss my ass, commie.
I think your "0" key got stuck when you typed that
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Old 07-15-2020, 10:15 PM   #5660
Hammock Parties Hammock Parties is offline
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I think your "0" key got stuck when you typed that
Wrong, bitch. My e-trade dick is HUGE.
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Old 07-15-2020, 10:42 PM   #5661
Discuss Thrower Discuss Thrower is offline
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I mean if you ever get 14%+ on any position in a relatively short holding period then it's in your interest GTFO and collect profit.
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Old 07-16-2020, 08:15 AM   #5662
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I mean if you ever get 14%+ on any position in a relatively short holding period then it's in your interest GTFO and collect profit.
Why 14%?
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Old 07-16-2020, 08:17 AM   #5663
Hammock Parties Hammock Parties is offline
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I mean if you ever get 14%+ on any position in a relatively short holding period then it's in your interest GTFO and collect profit.
^^^scared pussy thinks S&P500 is hitting 140.
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Old 07-16-2020, 08:33 AM   #5664
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I mean if you ever get 14%+ on any position in a relatively short holding period then it's in your interest GTFO and collect profit.
I'd rather go higher, depends on the stock and circumstances but generally it needs to get higher then that.
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Old 07-16-2020, 08:56 AM   #5665
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Old 07-16-2020, 10:09 AM   #5666
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It may be too late to get into it now, but I have a stock called EDUC that has been spiking for the past couple of weeks. They make children's books, and just put out a stupendous earnings report.

I've had them for about 4 or 5 years. I bought it and it immediately went up 20 percent, but I didn't sell it because I didn't want to pay short term capital gains. That was kind of a mistake because it started a two year decline where it lost 50 percent. I bought more of it on the way down until I had a fair amount of it, and then it started climbing after the shutdown. It's been spiking up the past week or so, and now I've got a really nice profit on it. It's inadvertently become one of my larger holdings now.

With the shutdown and school situation, it may keep going up.


Disclosure: I have a personal stake in this stock.
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Old 07-16-2020, 10:38 AM   #5667
ChiliConCarnage ChiliConCarnage is offline
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Why 14%?
13 is unlucky so you don't want to stop there. 14% or bust!
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Old 07-16-2020, 11:42 AM   #5668
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This just in from CNBC:

Hotel occupancy is down in areas that are hot spots for Covid!


That's some hard hitting investigation right there.
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Old 07-16-2020, 11:50 AM   #5669
Hammock Parties Hammock Parties is offline
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IBIO about to pop again.

Close to $5 tomorrow I bet.
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Old 07-16-2020, 12:27 PM   #5670
lewdog lewdog is offline
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IBIO about to pop again.

Close to $5 tomorrow I bet.
Wait what?
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