Turkey Day 2: Electric Boogaloo Edition
* Note Markets will close all day on Thursday and early on Friday *
-- Links --
Stickerbitch's calendar of memes and dreams:
Biopharma Catalyst Calendar:
memechat for redditors and commies
-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com
> How is it free?
They invest your unsettled funds after a trade. It's also pretty basic shit.
> When is it coming to my country?
Never. They only have "plans" on an Australian beta.
> It's been X days, why isn't my account verified yet?
If it takes more than 3 days, email their support. They are very good.
> Is this the place to pump and dump and/or shill a worthless stock?
NO! THIS IS 4CHAN, A PLACE OF POLITENESS AND PROFESSIONALISM!!!
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform. -- (also learn difference between LIMIT and MARKET orders!!!)
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want a 2nd account with real broker.
Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.
>How do I git gud?
Fundamental Analysis- Martin Shkreli finance lessons on youtube
> Can I use Robinhood on my PC?
Yes, download an android emulator
Just sold BAS, could've made 80 bucks if I sold at today's high (which I almost did) but lost about 80 including commission
the way she fuckin goes
GL to anyone holding still.
Quitting moon missions for a while. I'm down about 450 from your memes while all my other long term stocks are solid.
Gonna reinvest the money from this sale into something more reasonable. This is no way to live.
Goodbye Merry men.
I expect further dip on Friday then running next week. I think the holidays coming up killed the steam for this run. If it would've been a normal week would've been way different.
Now you learn why chasing moon missions is always worse than taking gains. The latter is always better. It minimizes risk and creates peace of mind. You're not gonna get rich chasing memes. For every moon mission you get into, you'll lose just as much and maybe more chasing them
$BAS and $ERTM are fucking me. Should've sold $BAS at .60+ and should never have touched $ERTM in the first place. Bagholding both until Friday unless something happens in the next 30 mins.
Thank Kek for $NOG. Constant gains twice now.
I'm holding, but thankfully most of my portfolio's in REXX, which I feel far more optimistic about.
I wouldn't sweat too much. The whole market's down today, something about the holiday. My average is $0.098.
BAS is a meme fueled by speculation
Stocktwits pumpers built the hype up, they shorted and got their gains then left and the whole place went silent. A lot of people were taken for a ride.
Don't listen to 4chan about stocks
ayyy you actually followed my DD huh? I'm not sure how much more it'll spike so I'm considering selling now, maybe getting in again on the dip over friday.
Or you could put a really high stop loss on half of your shares and a lower one on the other half to protect yourself over the holiday in case it dips too much while leaving room to buy back in if it doesn't fall that much either.
$NOG has hit 2.20 multiple times today but never breaks it.
Don't want to sound like a shill, but grab $NOG whenever it dips around 2. I got in at 1.90 and sold at 2.15, and now I'm in at 2.04 and holding as it hovers 2.20. Not a moon mission, but steady gains if you time it right.
Is that what you're going to do? The International Society for the Study of Lung Cancer Annual Meeting is on December 6th, where they'll show their results. It seems like a good day to wait for right?
They actually have an earlier announcement on the 30th for a bladder cancer drug as well so the day or two leading up to that will probably have the highest prices.
You should probably sell then if you don't wanna gamble on the results of it.
Good info. I'm going to hold on to it until some of this news comes through. I don't mind gambling that was the plan anyhow.
I bought at .0898 with the change I had left in my portfolio? Good buy?
I'm on my way to having a play account like that...being patient is hard!
Maybe if I play smart enough I can cover my expenses in it
look at it this way, if you put in more money you'd be more willing to gamble it on "sure things" and you'd panic harder on dips. Take it from someone who's -50% on the month ... patience is a virtue!
Fuck the guy that talked about the triple top cause the dip isn't big enough to say that it's crashing. I'm 100% sure it's because it's the holidays so people just sold for that.
Unless Friday has a huge dip that takes it to the low .40s we'll be ok. I'm sure there will be some dipping but it'll be ok since everyone's expecting it to be good next week.
So perhaps watch Friday and jump in on a good dip then have a weekend hold.
I think it's gonna have a power run next week because it was supposed to happen this week but thanksgiving fucked that up.
It dropped at the end but it's still hanging up there it's not like it lost all its gains this week.
Yet in the short term he was right. I got out early by some miracle at .64 this morning and will be getting back in below .50, potentially, but I'm nowhere near as confident it can get the 1$ goal.
mfw OP recognizes and quotes my /rhstgtotinb4c/ satire obviously in favor of /rg/, and still puts /rgt/
This is the way I see it. The best way is to start small and move higher (captain obvious here). Start with a small amount ($500 at most), then diversify into stocks using TA/FA; create a strategy. Once your strategy starts working almost every time (even if the gains are less than a 1%), put more and more into it. Start with maybe 50 dollars per trade, then move to 100, 200, 300 etc. The goal isnt to make high profits immediately, the goal is to make a consistent strategy and use it over a long time period. Your patience will be rewarded. If you go balls deep right off the bat you will lose. I feel like there's no point in throwing all your money into a meme stock praying for a moonlaunch if you intend to be a trader. You will just as easily lose all that profit as you made it and more.
PHMD went to 1.86, had my limit sell at 1.90, hoping it does a small rocket again.
Yeah, I didnt have enough to get 1 whole TSLA share so its supposed to sell at a fraction of what TSLA is worth.
Just weird that it hasnt shown up in the account, and didnt say anything in the transaction history and what not
Sure it can, its been declining for the past 3 months steadily. It's only at .09 now, but if it continues its trend it will go to .07, then .06. My rec is to sell it immediately or wait till a spike of price by a penny then get rid of it
Personally, I believe JNUG will see a couple more days or trending/slightly bearish movement, followed by a rally SOMETIME around the start of november, but it wont be big, and after about 2-3 days of being bullish, probably after a very small rate hike or no rate hike announcement, it will turn on itself and the bears will short it. Its a gamble im going to take, hoping to pick something up while its on its way up.
I've got afew bond related stocks/etfs mainly for dividends, but Im wondering if I should sell them due to the coming rate rise
How much can I expect their value to decrease if the fed raises rates?
You shouldnt sell stocks based on short term information. The fed just said, if they are going to raise rates, its gonna be something small. Sure, the stocks will go down slightly the day of the rise, (IF it happens) but then after about a week (Sometimes less) no one is going to remember the rate rise at all.
Is RH down again? Why couldn't I trade anything today?
Does this mean I'm gud at stocks?
buy ZPIN on market open tomorrow unless you want to gamble and lose all your money on dry shipping or some other stupid shit
No one in this thread would know how to trade professionally if it smacked them in the face. It's hilarious to read some of this.
"I hope it..."
"Maybe it will..."
>scribbles on a shitty google finance chart
Wow. All of you are going to blow your accounts and learn nothing.
thanks for that quality post, we appreciate your insightful knowledge
Johnson and Johnson? Low as fuck right now, just scored a cancer pill deal. Pretty much guaranteed to be in the green come tomorrow, but is there actually any money to be made? I wish it wasn't such an expensive stock.
THAT SHIT DON'T FLY AROUND HERE.
hey guys, just started today and fiddling around with penny stocks.
honestly curious here, but how many people here do this as a side hobby or dedicate their entire 'career' into this?
also, what was the most profit you have generated from this?
oh shit nigger, that's not bad at all. so far I'm only putting $5 into this, but I guess I need to probably have maybe $100 in general down in stocks to finally see some progress.
I'm scared over the though of handling any above $10, and only want to just fuck with one's worth less than a dollar for now.
then again, this is my first day getting involved with this, and I'm on minimum wage, so can't jump in fully yet. :/
You aren't going to make much money with that, even on penny ones. People usually put hundreds or thousands into those penny ones to really make money on them.
However, there's no harm in practicing it either, the beauty of Robinhood's free trades.
Just pretend that $5 is $500 and you're already learning about how those high volatility stocks react.
>However, there's no harm in practicing it either, the beauty of Robinhood's free trades.
That's the ONLY nice thing about robinhood - you practice with small amounts of money because you won't get burned by commissions.
WHERES MY FUCKING MONEY ELON REEEEEEEEEEEEEEEEEEEEEeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
yes jnug will go back up
gold is the oldest most valuable commodity not a knock of of panera.
buy low and sell high. dca.
ur gonna need bigger nuts and a longer time horizon if ur expecting to consistently make money on the exchange kid.
WELL WELL WELL
I SPY WITH MY LITTLE FFFUCKING EYE AN IMPOSTOR! NOT THE FIRST TIME SOMEONE'S TRIED TO PUT ON MY CLOTHES IF I KNOW WHAT YOU MEAN.
I'M TRYING TO SELL SOME QUALITY MEME STOCKS AND GET SOME NICE GAINS FOR THESE FINE LADS HERE AND WHAT DO YOU DO? COME IN AND MAKE A MOCKERY OF ME?
LIKE YOU SAID BUCKAROO, THAT SHIT DON'T FLY HERE. I THINK YOU AND LUCILLE HERE HAVE A NICE LITTLE DATE TODAY, AND IT STARTS RIGHT FUCKIN NOW.
YOU ALL BEST BE GETTING ON THE TECH TRAIN TOMORROW BECAUSE ON MONDAY ITS GONNA BE DOING JUST WHAT MY TRIP CODE SAYS ITS GONNA BE DOING.
Im still treating BAS as a swing trade, from a 3 month chart its either taking a dip and preparing to rise again or its on a full down trend. Either way the bears and bulls have made their minds up at this point so we will find out if tomorrow is stagnate and the event happens monday or not but either way something will happen.
Reminder: market closes 3 hours early today. Don't sperg out.
You're welcome. Been shilling it for awhile. More than just me though. With good data readouts 8-12+
Back in april I checked up on nvid and it was like cheap shit. It takes a long ass time for the stock market to catch up to actual consumer level profits.
So if you see shit selling hard at the consumer level the stocks will follow later. But much later from what I've learned.
Well, at least I've made a lot from AMD already. I expect a good ER next time, there are more consoles with their processors in it this Christmas than ever before, with now technically three versions of the PS4 existing, along with Xbox One and Wii U.
I came so close to giving in. Still holding strong.
Stop loss at .45, thank god it didn't hit
ZPIN, ZTO, AND KNDI
Get in. Now.
All graphs are mooning and these 3 chink companies are on the rise.
I highly encourage you to get in as fast as you can, this is not a scam.
I just discovered a new pattern to judge when a stock will take off. Buy ODP now or regret it. Gains will be ascending!
right after rate hike is the safest entry time
it's going to trade in a range until then. approach it cautiously as these aren't toys and will annihilate your gains on the tiniest misstep
Gold is in a weird spot right now. Personally, I dont have faith in Donald Trumps administration to keep the economy doing as well as it has been, so long term, I am bullish on gold. However, there are articles online saying that gold is going to go down short term, because of Holiday shopping and the dollar hitting records, and the economy still doing relatively well. If you plan on holding for awhile, I would recommend letting it go down some. Probably the $6-6.20 range? After holiday shopping slows down, (Close to Christmas time?) and Donald Trump gets closer to actually being in office, I would definitely get on the gold train, even if it hasnt dipped. Personally, I think its going to go down slightly over the coming weeks.
it's holding the .90s well.. its a low floater. its about the trade, not the company! the short float is 8.02% according to finviz just watch. this is how low floats spike, they hold a good level then fly
Ever wonder how a company will keep the same dividend for 3 years, keep the same income for 4 years but yet their stock keeps climbing?
If you think that a companys stock reflects the company you must be new. You must not have any experience in the OTC markets either. plenty of companies there that are complete garbage/scams but are trading at .50+
so when you see a low floater such as DRAM hitting a bottom with a high short interest, it's a good time to hop in for a trade.
until you get some experience under your belt, i suggest you lurk more.
Been going sideways for the last 2 years, very short stock history
Very short stock history
Half the morons on StockTwits have a bearish rating for this stock, but its at a relatively low point and has some history behind it. This would be my top pick of the three you posted.
I sold off some when it hit 2.75, I might buy Monday if it keeps dipping. After that I'll probably sell half my position if the pre-conference hype is good enough to lock in some gains.
>"Remember, fundamental analysis has no effect on what companies you should invest in. The companies stock doesnt reflect the company, so you may as well just buy penny stocks because DD is worthless."
>companies you should invest in
thats my point, you are not listening because you are so new that you don't understand the difference between trading and investing.
If you go back to my other post>>1635581
>its about the trade
Im only looking to trade this stock not "invest" in it.
If i am going to "invest" in a company i would look more into the financials.
when i "trade" i look at share structure and what shares are where, (short, inst, Insiders)
please explain to me how new you are again because if you are looking for "investments" itt you are in the wrong place.
Im incredibly new.
Im also a day trader, like you.
My favorite quote to ignore is Warren Buffetts "If you arent going to invest in a stock for 10 years, dont invest in it for 10 minutes."
So far, I am actually doing pretty well day trading, but I am thinking about going to the boring old long-term dividend stock bag holding so that I risk my money less.
$5fag from last night.
checked out my portfolio only to see my $5 turned into $8, so I went to sell half of it to get my profit only to find out I gotta wait until the 30th to have it back in my hands.
I knew there was a catch to this, it's way too easy to make money doing this.
RH instant is a margin account whereas you immediately gain credit for a stock that is sold and can reinvest it immediately in another, the catch is if you day trade 3 times within 5 days you'll be locked out of your account due to a law that prohibits this thanks to Bill Clinton, you can by pass this if you have 25k laying around tho :^)
Nah, I dont feel bullish atm on gold anymore. Holiday shopping is going to drag it down for the next week or so. I think im just gonna wait it out and hope for JNUG to keep getting hammered.
Persoanlly, if we look at the year long chart for JNUG, December is when shopping picks up and spending advances as much as it will throuhout the year. At the beginning of this year, JNUG was the lowest it had been in awhile, because it was coming OFF of the december spending spree, holiday food, trees, turkeys, travelling, etc. so the economy was ramped up as much as possible, and people were throwing their money into retail stocks, shipping stocks whatever, that why gold was so low starting the year off. But what happens after december? No real big ticket holidays for several months to come. I am now bearish on gold until after new years, as it seems like it will trend downward for the next month or so.
holy fuck dude what am i even reading?
that's because you don't know what you're doing.
just to repeat, you thought gold was down in dec 2015/jan 2016 because of the shopping season. holy fuck
You fags are welcome for the DD on HTBX. I'm probably gonna be holding till Monday and dump it when the hype is highest before the conference.
I took a look at the abstract and conclusion on the poster they're presenting for bladder cancer (you can find it in the press release article). The results look promising but idk if it's gonna be good enough for the FDA. It's up to you guys if you wanna hold until after the presentation and see how positive the news really is.
PTN is a potential buyout candidate for big pharma.
They completed the Phase 3 trial for a drug treating 'female sexual disorder'. Its a 1 billion dollar market and thats not yet reflected in the price.
Ive had it on my list for a while.
A buyout should be at least 3 or 4 dollar per share. And it will likely happen before the end of this year.
I bought in back when it was 1.50 a couple days ago so I've been cautiously offloading chunks of it throughout the week. Some at 1.90, some at 2.40, and the rest at 2.75. Bought back in today at 2.44 so we'll see how it goes.
This is actually my first bit of solo DD Ina company so I'm pretty proud. Can't wait to lose all these gains on the next one lol
I put in a stop loss at .028 when it hit .03. It went straight to .0191 and sold it. Got 50 and missed a 450 dollar day FUCK
>tfw no day trades
Boy it sure is fun watching AMD fall as people are buying the hell out of their products from AMZN which is also falling.
Meme stocks are really the only way. Making $60 in three minutes was a lot more fun than making $30 in a month. I'd rather take the gamble.
I was in on AMD at 6.75. up 30% now. Do I greed for more or just take it and get out? I'm thinking of selling all stocks except my dividends. What are we sitting on? I was trying the gold industries, but they didn't pay off as much as I wanted.
>+$.008 Today (8.7%)
>+$.04 After Hours (40%)
I only had 210 shares, but I panic-sold at like 12:30 cause of the early closure and I was going to be out. Just checked my phone and goddamn.
Didn't know after-hours could get that fucking crazy to be honest.
how strong are your hands?
If you want to hold until the next earnings report you can. Look at the total sale of the products they're in after black market to make your decision. If the sales are good the earnings report should be good, which means the stock should have another run up.
yep made a fuck load on this, bought at $4
And what the fuck PTN. that guy who shilled it and then It went from .54 to .52, i sold and then he said he was scamming us
I look now and its fucking .69 cents, 4 days later. Holy shit,