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Old 06-27-2016, 11:23 AM  
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Investing megathread extravaganza
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 02-02-2017, 09:12 PM   #616
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Anybody ever get into NVDA a while back when I brought it up ? I bought it at ,I don't remember exactly, around $42 and sold it at $65 . Well now it's ****ing $110
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Old 02-02-2017, 09:14 PM   #617
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Quote:
Originally Posted by Hog Farmer View Post
Anybody ever get into NVDA a while back when I brought it up ? I bought it at ,I don't remember exactly, around $42 and sold it at $65 . Well now it's ****ing $110
You've had like 3 great calls in this thread since we started posting.

Props to you man. Keep them coming!

And actually it's $115..........
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Old 02-02-2017, 09:14 PM   #618
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Today I bought 1,250,000 shares of PNOW. I take that back , actually I put in a buy order for the open tomorrow. This company has started kicking ass and is looking at monthly 100% growth for at least the next year.
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Old 02-02-2017, 09:16 PM   #619
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Originally Posted by scho63 View Post
True, but it will move dollar for dollar with a long term expiration for at least the next 9 months. The $30 strike option that expires Jan 19 2018 is trading around $4.36 or $436 to control 100 shares. The stock is $18.12 after another big drop today on 4x's avg daily volume.

You get leverage of 4.5 times your money.

This is a good option to buy instead of the stock. You can put out roughly $4,500 for 10 contracts and control 1,000 shares.

Additionally you can buy 1,000 shares on margin and it would cost you about $18,200 x 30% = $5.400
Ok so I am getting the basics here but still not understanding what a stock would have to do for me to say, double my money. How do I realistically set expectations? Let's take the $30 strike, a year from now, at $4.36 for 100 shares. What would the stock have to do for me to double my money on that?
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Old 02-02-2017, 09:20 PM   #620
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Originally Posted by lewdog View Post
You've had like 3 great calls in this thread since we started posting.

Props to you man. Keep them coming!

And actually it's $115..........
Did you get any. Makes me sick I took my profit early.

I did the same thing with ESSI. bought at around 20 cents and it went to 35 cents so I sold. I said hell yeah, take that bitches. Now it's at god damn $4.30

That's one that could have made a poor man rich.
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Old 02-02-2017, 09:20 PM   #621
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Originally Posted by Hog Farmer View Post
Anybody ever get into NVDA a while back when I brought it up ? I bought it at ,I don't remember exactly, around $42 and sold it at $65 . Well now it's ****ing $110
I strongly considered it, but apparently decided to let someone else make the money instead. I'm nice that way.
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Old 02-02-2017, 09:22 PM   #622
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Originally Posted by Rain Man View Post
I strongly considered it, but apparently decided to let someone else make the money instead. I'm nice that way.
Research PNOW and let me know what you think. I'm hanging on to this one and NOT jumping out early. Gonna be rich dammit !
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Old 02-02-2017, 09:22 PM   #623
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Quote:
Originally Posted by Hog Farmer View Post
Did you get any. Makes me sick I took my profit early.

I did the same thing with ESSI. bought at around 20 cents and it went to 35 cents so I sold. I said hell yeah, take that bitches. Now it's at god damn $4.30

That's one that could have made a poor man rich.
No I didn't.

Great call on ESSI too. Kind of.....
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Old 02-02-2017, 09:25 PM   #624
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Originally Posted by Hog Farmer View Post
Today I bought 1,250,000 shares of PNOW. I take that back , actually I put in a buy order for the open tomorrow. This company has started kicking ass and is looking at monthly 100% growth for at least the next year.
Quote:
Originally Posted by Hog Farmer View Post
Research PNOW and let me know what you think. I'm hanging on to this one and NOT jumping out early. Gonna be rich dammit !
What are you looking to buy in at on PNOW?
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Old 02-02-2017, 09:26 PM   #625
Hog's Gone Fishin Hog's Gone Fishin is offline
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What are you looking to buy in at on PNOW?
I believe it's to open at .0007 throwing $880 at it

If it goes to 10 cent I'll have $125,000

HooRah !

If it goes to $1 I'll have $1,250,000

And a large boat.
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Old 02-02-2017, 09:28 PM   #626
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Quote:
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I believe it's to open at .0007
Yea, that's what I see to.

Wasn't sure if that was right. LOL
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Old 02-02-2017, 09:32 PM   #627
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Research PNOW and let me know what you think. I'm hanging on to this one and NOT jumping out early. Gonna be rich dammit !
Am I reading properly that their market cap is $9,600?

https://finance.yahoo.com/quote/PNOW?p=PNOW
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Old 02-02-2017, 09:34 PM   #628
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Quote:
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Am I reading properly that their market cap is $9,600?

https://finance.yahoo.com/quote/PNOW?p=PNOW

That's not right . Research more !
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Old 02-02-2017, 09:39 PM   #629
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That's not right . Research more !
You may own 8% of the entire company if that's the case.

Okay, this site shows a market cap of slightly under $900,000. Is that better? Now you own 0.08% of the company.
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Old 02-02-2017, 09:48 PM   #630
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You may own 8% of the entire company if that's the case.

Okay, this site shows a market cap of slightly under $900,000. Is that better? Now you own 0.08% of the company.
Market cap is not an indicator of the value of a company . Some people think it is but its not.
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