The stock market thread.

[montreal]

On that note, Montreal, any thoughts on these? I picked up some of each for swing trades; would appreciate if you could add some thoughts. Please and thank you

SNCR
ALGN
MOMO
TRN
VALE
TTD

don't know any of them, but have been thinking about moving into tech. Right now the only two tech I'm looking at are Flex and Amber Road, have been sitting pat waiting on the Fed and now I don't think I'll do too much until I see how the market reacts to the rise of interest rates.

I've mainly just been so heavy with buying and researching Bio's, think down the road there's massive upside here but could be in for more short term waves until people figure out no matter who tweets drug prices are too high, these compaines are going to make a ton of money in the future even if drugs get a good bit cheaper.

 

[Dog]

don't know any of them, but have been thinking about moving into tech. Right now the only two tech I'm looking at are Flex and Amber Road, have been sitting pat waiting on the Fed and now I don't think I'll do too much until I see how the market reacts to the rise of interest rates.

I've mainly just been so heavy with buying and researching Bio's, think down the road there's massive upside here but could be in for more short term waves until people figure out no matter who tweets drug prices are too high, these compaines are going to make a ton of money in the future even if drugs get a good bit cheaper.

VALE is mining iirc

 

[Ozz]

There seems to be so much garbage out there in respect to bios, it's hard for me to bother with many. Any time I take a starting position on something that has solid fundamentals, it gets slaughtered anyway. Right now they're definite long-term plays for me.

 

[montreal]

There seems to be so much garbage out there in respect to bios, it's hard for me to bother with many. Any time I take a starting position on something that has solid fundamentals, it gets slaughtered anyway. Right now they're definite long-term plays for me.

I'm mostly a long term trader, just think that there are so many cheap bio's that are going to make a killing in time. I use options and add to my position on dips, but I also do some bargain basement shopping as I will add when I see one get smoked depending on the reason or sometimes I'll just throw a few bucks at it and see what happens. Did well with RLYP after it got smoked despite getting FDA approval, same for ARIA.

But it's the toughest sector to invest in for sure, I wouldn't recommend it to anyone that can't take loses especially in the near future where there's likely to be a lot of back and forth on drug prices. once the dust settles though, there's likely going to be a lot of money to be made. For me it's impossible to know which ones will be left standing, so I own a basket of over 50 of them in different accounts.

ABUS
ACAD
ACHN
ADAP
ADXS
AGEN
ARIA
ARRY
AQXP
BCRX
BLUE
BMY
CALA
CARA
CEMP
CPRX
CTRV
CYTR
ESPR
GWPH
HALO
ITCI
ITEK
KITE
KPTI
KTOV
LPCN
MDGN
MNKD
NVAX
NWBO
NYMX
PCRX
PTLA
PTCT
OCUL
OMER
OPK
RCPI
RGLS
SAGE
SGMO
SGEN
SGYP
SPHS
SYN
TENX
TGTX
THLD
TNXP
TRVN
TTNP
TTPH
VBLT
XOMA
XON
ZIOP

 

[Ozz]

I've been in and out of a lot of those, I have TradeStation and run its software to catch breakout activity. The trouble there is the get so many minutes-long pumps that it makes it almost pointless to bother with that. Of course the easy shorts never have any shares available, either.

I do have a lot of KTOV + warrants, but I think we discussed that before. Your portfolios must be insane with the way these things skyrocket and plummet every couple weeks or so!

 

[Fledgemyhedge]

Thanks to everyone who responded, I've decided to first invest in knowledge.

 

[Fixed to Ruin]

Bitcoin is on a massive run.... over 900$.

 

[Pharrell Williams]

stocks are up.

 

[Baby Punisher]

Bitcoin is on a massive run.... over 900$.

I read an article earlier in the day that a group from China is inflating the value.

http://nypost.com/2016/12/22/chinese-drive-bitcoin-value-hits-record-high/

 

[montreal]

Finally my ARIA gets bought out, did well with that one but kicking myself for taking some profits at 7 and 14 bucks, would have killed it as my cost basis at one point was under 6 with 2K shares.

 

[Thucydides]

I just finished quietly buying up shares in "global gardens group" . I found it on the CSE over a year ago, and last week it was delisted and moved to the TSXV. I'm expecting "plant based diets" to become quite popular. With Beyond Meat and the impossible burger gaining momentum , I'm thinking global gardens group will be the dairy equilivent. They make milk from vegetables . It's in all major grocery stores in Canada now and have made roads into Asia , China, where 1 billion people are lactose intolerant . They will be in the US in March.

If almond and coconut milk is worth 10 billion. What is milk from vegetables going to be worth?

They have also developed ice cream, pudding, creamers, frozen deserts , cheese and other products though they haven't hit the market yet

Product is called veggemo

I bought 500,000 shares between 7-15 cents. (1% of the company) . Now I wait . Hahah

 

[Ozz]

Finally my ARIA gets bought out, did well with that one but kicking myself for taking some profits at 7 and 14 bucks, would have killed it as my cost basis at one point was under 6 with 2K shares.

Congrats! I had some a while ago but got out on a spike before it dropped again. Hopefully the other crap I'm holding long-term enjoys similar results eventually.

On a related note, I had a lot of LABU (3x bio bull) and sold about 1/3 at a loss to free up buying power in preparation to scalp it back in the coming days. Wouldn't you know it just *** took off from there and pretty much never dipped back for me? Unreal. I did buy it all back at a higher price, and still enjoyed about 12% on that as of today. I think my original lot is at 18-19%. Can't get too mad, I suppose. I'm holding but starting a LABD (3x bear) position as of today as well.

 

[montreal]

Congrats! I had some a while ago but got out on a spike before it dropped again. Hopefully the other crap I'm holding long-term enjoys similar results eventually.

On a related note, I had a lot of LABU (3x bio bull) and sold about 1/3 at a loss to free up buying power in preparation to scalp it back in the coming days. Wouldn't you know it just *** took off from there and pretty much never dipped back for me? Unreal. I did buy it all back at a higher price, and still enjoyed about 12% on that as of today. I think my original lot is at 18-19%. Can't get too mad, I suppose. I'm holding but starting a LABD (3x bear) position as of today as well.

it's due for a pull back after the big run up in the ibb, but if it holds I could see it break 290. Last time it looked like it was going to break 300 on a triple top, that could have seen a major breakout.

 

[hitman9172]

Question for the more active traders here:

how many hours a week do you estimate you spend researching/trading stocks?

 

[Dog]

I just finished quietly buying up shares in "global gardens group" . I found it on the CSE over a year ago, and last week it was delisted and moved to the TSXV. I'm expecting "plant based diets" to become quite popular. With Beyond Meat and the impossible burger gaining momentum , I'm thinking global gardens group will be the dairy equilivent. They make milk from vegetables . It's in all major grocery stores in Canada now and have made roads into Asia , China, where 1 billion people are lactose intolerant . They will be in the US in March.

If almond and coconut milk is worth 10 billion. What is milk from vegetables going to be worth?

They have also developed ice cream, pudding, creamers, frozen deserts , cheese and other products though they haven't hit the market yet

Product is called veggemo

I bought 500,000 shares between 7-15 cents. (1% of the company) . Now I wait . Hahah

Why should people drink this instead of almond/coconut milk?

 

[Dog]

WTF? because someone pointed out what I already knew? You think I don't know how to look up a stock?

Well you did say that you don't know any of them and that you were going to look into tech. I pointed out that vale is mining and not tech. So yeah, that does make you a ****ing ******

No need to be so stuck up next time

 

[Dog]

now I'm stuck up? Are you kidding me, I do this for a living, just because I said I was looking into tech, doesn't mean I was talking about all of them. It's really easy to take a ticker symbol and find out what sector it's in, takes about a second. So it's my fault that you thought I didn't know what would take a second to find out, and that makes me stuck up and whatever ****ing ****** is. You don't think that's a tad over the top? I know people like to act tough over the internet but all I did was point out that I knew something already that was very easy to find out. If I said it was raining outside and you said I already knew that, would that make you a ****ing ****** or stuck up? Is there a joke I'm missing as I don't post much on the lounge. This just seems really crazy to call me out over nothing when all I have been doing to try to give information to people while I'm working.

You make a silly grammar error in the first sentence and think I'm going to read the entire post? Good chance, how am I supposed to take you serious?

 

[Fixed to Ruin]

thanks.

I also appreciate what you do. Always willing to learn stock market stuff from people with more experience and knowledge.

 

[Dog]

what grammar error? But if that bothers you so much, then don't read it, doesn't really matter.

You just made the same error. Looks like you make it in all of your posts.

 

[Leon der Profi]

I read your posts on a regular basis. Very interesting. Don't get worked up about these kids.

 

[Dog]

I read your posts on a regular basis. Very interesting. Don't get worked up about these kids.

Thanks for the backup buddy. I appreciate you as well

 

[Dog]

You are one big gimmick here and it's extremely tiring. I am sick of it. I barely post here anymore because the content is cringe worthy. Quality discussion was being posted here until your sorry little ass showed up.

Montreal, carry on bud. Your points here are well articulated.

I agree with this. Honestly, he's a ****ing idiot and shouldn't be allowed to post on this website.

 

[Dog]

Lmao so funny ahhahahahhha

You're the reason why the lounge is mocked throughout the boards

Lmao this post is hilarious.

I can't believe you're trolling me and saying all of this stuff just because I won't accept any of your ****** fantasy trade offers.

 

[John Price]

You need to diversify your bonds.

 

[Thucydides]

Montreal - you rule. Always willing to answer my questions. Keep posting buddy.