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OT: Stock and Investment Talk

The market is running on newly printed money. As long as the government is willing to print, the market will have support.
Partly, but not fully.

But yeah, does inflation ever take hold? I feel I've been hearing about the incoming inflation since at least the great recession.
 
Charles Schwab has no fees either, and it has brick and mortar locations if needed
Schwab in the process of buying TD Ameritrade as well. I'm guessing in part for their online platform.
 
The market is due for a correction that could easily reach and even exceed 20%. In the second half of June or perhaps sooner, the market would start focusing on the fundamentals and investors will realize that the estimated P/E ratio of the vast majority of the companies are way above the historical average for the sector. People will worry about second quarter earnings and once the first numbers are coming in, those who have been in the state of delirium suddenly wake up. Many of the less experienced investors will get panicked once the market participants try to factor in the many uncertainties that will impact future economic growth (Covid-19, presidential election, federal, state and local budget crisis, unprecedent debt amount that will create such a high debt service level that requires cuts to the core of the federal budget) that will all impact future earnings. The impact of future inflation expectations have not been factored in yet. Another huge question is that how long will it take to rehire the majority of the people who are out of work. It could take years. Many jobs are gone permanently/ While there will be new type of jobs created for people with high skills, many people need to realize that most of the low-skilled jobs are gone, perhaps forever. The prospect of choosing between two very old presidential candidates is not something anybody can get excited about it. Once Covid-19 is handled, there will be many new international disturbances we need to deal with. If you are a realist, you should defend your positions through limit orders and when the right time comes make money through shorting some of the overvalued stocks to counterbalance some of the inevitable losses you will suffer in your long positions.

You make some solid points but no one is going to be surprised by terrible 2Q numbers. No one. It's a question of degree and recently some companies have indicated that they will not be quite as terrible as they had expected. Investors will play close attention to what mgmts say about the remainder of 2020 and 2021. That will drive stock prices. I believe things have bounced back too quickly but we will see.
 
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Give you a good cheap stock that is cheap, on the OTC for now, until it uplists soon, and be treatment for COVID in less than 30 days when the FDA approves it as the standard of care. That is Cytodyn’s Leronlimab drug akaPro140. Ticket symbol CYDY. If you know anybody struggling in the hospital with COVID , have their doctor reach out and get it. It likely will save their life and get them off that ventilator sooner than later.
 
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Just bought 200 shares of TMDI for .74 cents.

Titan medical, makes robotics, and interface, for medical.

Already up 140% in extended hours off news of an agreement with Medtronics.


Edit:I should have waited as it opened in 60's, but I think I still like the buy.
 
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Give you a good cheap stock that is cheap, on the OTC for now, until it uplists soon, and be treatment for COVID in less than 30 days when the FDA approves it as the standard of care. That is Cytodyn’s Leronlimab drug akaPro140. Ticket symbol CYDY. If you know anybody struggling in the hospital with COVID , have their doctor reach out and get it. It likely will save their life and get them off that ventilator sooner than later.
Is there any news on the when and where on this one?
 
And as long as interested rates are set to zero. One less place to put money for returns.

One of my pep peeves is that IRS policies discourage people to invest in something as minor as a savings account. We used to be allowed to not count dividend interest received as taxable income. (IIRC it was $ 2,000). So the IRS was encouraging people to save, now it doesn't. (forget that interest rates are at or almost zero.) I have an interest bearing Checking account and I get about a buck a month and that's INCOME ?.
 
Gnus at 10.35.

A great buy by me, but way too conservative on my profit taking.
 
Sold my holdings on APT which makes PPE.

It reported big time increase in sales at Q1 (at which point the stock jumped), and I expect they will continue to show increased sales going fwd, especially in fall if Covid is still around.

But the market is rolling recovery stocks at the moment so PPE stocks are out and APT has been trending downward.

I'll chk back on this one before the next quarters reporting.
 
Hidden inside this statement is if more people want their money in the market post Covid then they did pre covid then the market will grow because of that regardless of the economy.

So if technology is making it easier, and it has, if people who were into online betting(think of it as a gateway drug) have picked up market investing, if people who had poor success in the past but saw this as a golden oppurtunity(I fit both this and the first hypothetical), then the value of the market will reflect that in a positive way.

As Investors learn more about The Wuhan Virus and learn that although it is a killer of elderly it is just another Virus. The ''Seasonal" flu virus had 4 different strains in this past season. (Naturally the CDC ends the 'seasonal' flu virus. So it isn't happening now till Oct 1). The shot covered 3 or the 4 and yet killed 60,000 + (the CDC isn't EVER sure of the numbers in anything related to the 'seasonal', number of infected, Doctor visits, hospitalizations AND deaths are ALWAYS estimates with widely inaccurate numbers and findings.) So imagine if there was NO vaccine shot it could have killed 240,000-300,000 ? Starts to add up.

What it means/meant to Investors is that's the Wuhan Virus has placed a buying opportunity to the markets. As long as Biden or whoever replaces him isn't elected.
 
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Gnus at 10.35.

A great buy by me, but way too conservative on my profit taking.

It’s crazy how it keeps going up. Was gonna buy on Tuesday but was thinking it’s got to level off or dip. Oh well my miss. It reminds me of crypto how fast it’s pumping that’s why I didn’t get in
 
Is there any news on the when and where on this one?
The mild/ moderate trial has 58 of 75 enrolled as of Tuesday but CEO and doctors are going to end the trial on June 15 and present to the FDA the blinded results. The severe/ critical trial has 51 of 390 enrolled but as long as their were 50 they also were going to submit at 14 day and 28 day mortality dates which would be June 15 and June 30. Get in new w as it is down today.
 
The mild/ moderate trial has 58 of 75 enrolled as of Tuesday but CEO and doctors are going to end the trial on June 15 and present to the FDA the blinded results. The severe/ critical trial has 51 of 390 enrolled but as long as their were 50 they also were going to submit at 14 day and 28 day mortality dates which would be June 15 and June 30. Get in new w as it is down today.
Bought a little bit, it's been flat since a big spike a month or two back, so until the news happens I imagine it stays flat. I'l prob buy some more once I get some funds freed up.

But on timeline I meant when will they get out from behind the counter and into a market.
 
It’s crazy how it keeps going up. Was gonna buy on Tuesday but was thinking it’s got to level off or dip. Oh well my miss. It reminds me of crypto how fast it’s pumping that’s why I didn’t get in
Cramer on CNBC was talking about how investors are running some stocks, but wouldn't name them, I'm thinking he was talking about GNUS.

Now I think given some of the names involved, Arnold, Stan Lee, Nickelodeon, Amazon, plus a toy line coming out, that it was def worth more then $2. I don't know what it should be valued at, but this run is way too hot right now, there has to be downturn, if only temporary, at some point.

I think?
 
CIDM is another like GNUS, on rocket run. Up %200 today, and it was at %300 earlier.

Like GNUS also a streaming "tv" channel. Bob Ross looks like one of it's big shows.
 
Gnus at 10.35.

A great buy by me, but way too conservative on my profit taking.

It’s crazy how it keeps going up. Was gonna buy on Tuesday but was thinking it’s got to level off or dip. Oh well my miss. It reminds me of crypto how fast it’s pumping that’s why I didn’t get in


And the rug has been pulled, currently below $7.

Now the question is: When is a good time to jump back in?


Edit:I think they halted trading as it's been locked at $6.94 for about 5 minutes.

re:edit. Currently below $5 at trading halted again, I bemoaned my conservative profit taking above. I take that back. Now I wish I sold my remaining shares when it was at $10(or $8 or $6). Maybe I'm just like my mother. She's never satisfied.
 
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Bought a little bit, it's been flat since a big spike a month or two back, so until the news happens I imagine it stays flat. I'l prob buy some more once I get some funds freed up.

But on timeline I meant when will they get out from behind the counter and into a market.
Shorts are trying to bring stock price down but long term holders bought in because it will be approved as both an AIDS drug and triple breast cancer drug (800 person phase 2 and 3 trial with no adverse side effects). .Now seeing it shrinks tumors so not just for breast cancer but multiple cancer uses . They will conduct 20 phase 2 trials for multiple diseases before the end of the year. Treatment for COVID was accidental or experimental and the 180 EIND results are outstanding include getting 5 of 11 people at Montefiore that were kidney transplant patients in really sick shape about to die, off ventilators and discharged within 7 days.
They are working on uplisting either to Nasdaq or NYSE ( CEO said on Tuesday ,attorney told him to not talk about dates but they are close .
 
More like your Wife ? Never satisfied.

Maybe I should have mentioned on those NASDQ and other OTC stocks the price can blow down right thru your sell limits and you never get executed.
 
Just bought Nikola ticker NKLA at $37.

IPO's today. Makes electric and hyrdogen cell powered semi trucks. Has a $800 million deal with Anhueser Busch. Says they have some other big orders on the horizon.

Total impulse buy, but the concept sounds amazing as a future looking company.
 
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More like your Wife ? Never satisfied.

Maybe I should have mentioned on those NASDQ and other OTC stocks the price can blow down right thru your sell limits and you never get executed.
Ya, sort of aware(though it hasn't happened to me yet) but I'm nibbling, so I won't get pulled down a well if it tanks.
 
Gnus keeps rolling up 1.42(about 15ish%) in extended hours.

Dow has swung back lower, currently -150.

Yeah, this is what I've been doing lately.

Reminds me of when I was making money off of SpongeTech. They went up like mad, they had a deal with MLB, advertising in Yankee stadium and on TV - turned out the whole company was fraudulent and stock went to zero overnight. Fortunately for me I had a few thousand $ in profit already cashed out.
 
This stock is bringing back ALL the bad memories about the time I left the Brokerage Industry.

I had my 50 man office in West Palm, we did small cap and bridge loans and IPO's for new companies out of the bridge loans.

Had a company in Calif that produced movies and other areas of the "entertainment" industry (not porn).

We did all the bridges and the IPO was about $1. My office had millions of shares and the IPO went to $ 5 in a couple of weeks. Called my Owner who lived in NY and the bid was strong with multiple market makers. "Let's sell it all, our clients will make millions !"
He told me to hold, it was heading for $ 20.

Turned out he was selling his restricted stock into the bid as it came off restriction and also converting his warrants and selling those as well.
Work got out in the market and the stock tanked under a buck.
I lost about $ 500,000 just in my overrides.

That was it. I got all my guys jobs elsewhere, U-4'ed everyone and mailed the office keys to him.

Which is why I advise caution in small cap stocks not on the Big Board.
 
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Gnus at 10.35.

A great buy by me, but way too conservative on my profit taking.

There is NO such thing as too conservative in taking a profit.

So now it depends on how much it's trading in volume compared to previous days....and .....how may shares you purchased and still own and your adjusted price per share with any profits figured in that you have already taken.

And how many shares you purchased and how risk adverse you can be...

IF the money means something; Market sell.
IF the money means nothing; whatever you want.

Investing in small cap stocks is like playing press coverage as a Cornerback in the NFL against a good WR. Sometimes he's going to beat you and you just have to forget those times and play hard the next play and maybe you can get a Interception or Pass Break Up...
 
This stock is bringing back ALL the bad memories about the time I left the Brokerage Industry.

I had my 50 man office in West Palm, we did small cap and bridge loans and IPO's for new companies out of the bridge loans.

Had a company in Calif that produced movies and other areas of the "entertainment" industry (not porn).

We did all the bridges and the IPO was about $1. My office had millions of shares and the IPO went to $ 5 in a couple of weeks. Called my Owner who lived in NY and the bid was strong with multiple market makers. "Let's sell it all, our clients will make millions !"
He told me to hold, it was heading for $ 20.

Turned out he was selling his restricted stock into the bid as it came off restriction and also converting his warrants and selling those as well.
Work got out in the market and the stock tanked under a buck.
I lost about $ 500,000 just in my overrides.

That was it. I got all my guys jobs elsewhere, U-4'ed everyone and mailed the office keys to him.

Which is why I advise caution in small cap stocks not on the Big Board.
Gnus opened today at 8, went to $10, dropped to about $4.50, and is currently at $7.43 and the stock is halted again. Just completely crazy trading going on with this one.

I see two other micro cap streaming media stocks over %100 on the day.
 
There is NO such thing as too conservative in taking a profit.

So now it depends on how much it's trading in volume compared to previous days....and .....how may shares you purchased and still own and your adjusted price per share with any profits figured in that you have already taken.

And how many shares you purchased and how risk adverse you can be...

IF the money means something; Market sell.
IF the money means nothing; whatever you want.

Investing in small cap stocks is like playing press coverage as a Cornerback in the NFL against a good WR. Sometimes he's going to beat you and you just have to forget those times and play hard the next play and maybe you can get a Interception or Pass Break Up...
Sold it all, but before the most recent rebound.

I actually like the company too, wouldn't mind getting back in at $4 or less but only if it settles down.
 
Big boys looking at 10- 20 % appreciation by Nov 4th.(or before if Joe can't find the basement door and they have to run Mario).

Coke; KO. I don't drink it but someone we LOVE does (at least Diet).
IBM; anyone smart enough to hire one of my Son's is a smart company.

Both of them just back to previous Wuhan levels and it's a Big Board score.
The KOs, PEPs, PGs, CLs, WMTs, COSTs,Vs, FBs, JNJs, etc...are more my speed compared to some of the names I see here in this thread and in past threads. Too risky for me. I think I mentioned DIS in the 80s would be a good spot to nibble when everything was tanking and that's had a nice run. I guess I’m alone in the shallow end of the pool of large cap/megacap names lol.
 
The KOs, PEPs, PGs, CLs, WMTs, COSTs,Vs, FBs, JNJs, etc...are more my speed compared to some of the names I see here in this thread and in past threads. Too risky for me. I think I mentioned DIS in the 80s would be a good spot to nibble when everything was tanking and that's had a nice run. I guess I’m alone in the shallow end of the pool of large cap/megacap names lol.
I have a large caps too. But after doubling my money in 4 days on GNUS I'm a little hooked on these small guys at the moment.
 
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Greed it was what made my day back in 'the day'....

More trades you did the more I made.

Have fun.

IF you have money in small caps and it concerns you AT ALL, you have too much money in that percentage of your investment portfolio.

I tell the story of being at AC for a fight. Checking out sent Mary Anne for my valeted car. Found a $100 chip in my pocket. Line at cashiers was long on Sun AM and we were due back in Manasquan for Pop Warner. So Crap table by door. $100 come and I figure it's gone. Turns out a guy from my firm held the dice and he was KNOWN to be lucky. Suffice it to say in an hour I was up $ 3,000. The line was down and I cashed out. Mary Anne was still waiting in the car at the entrance and she was PO"ED major league. I counted out 15 $100s and dropped them on her thru the sun roof. Everything was then fine and we still made the Pop Warner game.

Small caps stocks are like betting on the Craps table.
 
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Just bought Nikola ticker NKLA at $37.

IPO's today. Makes electric and hyrdogen cell powered semi trucks. Has a $800 million in with Anhueser Busch. Says they have some other big orders on the horizon.

Total impulse buy, but the concept sounds amazing as a future looking company.

Sounds very interesting. I will have to do some research. Thanks for sharing
 
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This is so true. But it's also the main characteristic of a bubble.
That's fine, you can make a lot of many in a bubble. Besides, if the conditions that create said bubble remain permanent, is it still really a bubble?
 
That's fine, you can make a lot of many in a bubble. Besides, if the conditions that create said bubble remain permanent, is it still really a bubble?
are you counting on us growing our deficit at the same rate permanently? There is money to be made in a bubble and if you have time, bubble doesn't really matter. But there are plenty of people that will get hurt. Seen it with the last recession.
 
are you counting on us growing our deficit at the same rate permanently? There is money to be made in a bubble and if you have time, bubble doesn't really matter. But there are plenty of people that will get hurt. Seen it with the last recession.
What last recession?
:)
 
Just bought Nikola ticker NKLA at $37.

IPO's today. Makes electric and hyrdogen cell powered semi trucks. Has a $800 million in with Anhueser Busch. Says they have some other big orders on the horizon.

Total impulse buy, but the concept sounds amazing as a future looking company.
I have shares of NIO which is an electric car manufacturer based in Asia. Bought it around mid March when it was at 2.67 a share. It’s over 6 a share today.
 
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