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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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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 07-02-2021, 10:52 AM   #10426
banyon banyon is offline
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Originally Posted by scho63 View Post
Reverse splits FAIL 95% of the time. They are NEGATIVE not positive.

Normal splits of 3:1 or 5:4 or 2:1 indicate a growing strong company.

Reverse splits are the OPPOSITE of forward splits and also the opposite in terms of success.
This is correct. In sub 1.00 stocks it is usually done because the company is trying to avoid the Nasdaq delisting rule that you have to be above 1.00 for a certain amount of time. Usually a penny stock that is going to be diluted over and over and over again until it goes bust.
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banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.
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Old 07-02-2021, 12:25 PM   #10427
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banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.
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Old 07-02-2021, 02:34 PM   #10428
KChiefs1 KChiefs1 is offline
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Doubled my position in AMC today

Congratulations

I’ll never be able to do that.

I bought in at $26.12 & as long as it stays around $50 I’ll be alright.

I think I’ll sell @ $40 but maybe $35 if it gets that low. Still a profit but no multimillionaire.
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Old 07-02-2021, 02:52 PM   #10429
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by KChiefs1 View Post
Congratulations

I’ll never be able to do that.

I bought in at $26.12 & as long as it stays around $50 I’ll be alright.

I think I’ll sell @ $40 but maybe $35 if it gets that low. Still a profit but no multimillionaire.

Hedgies know that the longer they can keep it down the more people start getting nervous and start selling off. I've had those feelings too as I hate to see 300% gains vanish but I'ma do my best to ride it out. I'm just afraid there's going to be a trigger point and then a steep drop if it hits say $40 but I really don't think thats going to happen.
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Old 07-02-2021, 02:53 PM   #10430
TambaBerry TambaBerry is online now
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51 was the low threshold if it would have stayed below it we would have more then likely lost but I think we'll be fine now. Going to squeeze soon
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Old 07-02-2021, 02:56 PM   #10431
eDave eDave is offline
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I'm looking for a pop on Monday. Like after Memorial Day. Pattern is the same.
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Old 07-02-2021, 03:03 PM   #10432
Hog's Gone Fishin Hog's Gone Fishin is offline
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From stocktwits, several posts reporting the same thing.


$AMC
4:53:51PM
AMC
Seeing After-Hours Block Trade In AMC: ~548K Shares At $52.03
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Old 07-02-2021, 03:41 PM   #10433
lewdog lewdog is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
From stocktwits, several posts reporting the same thing.


$AMC
4:53:51PM
AMC
Seeing After-Hours Block Trade In AMC: ~548K Shares At $52.03
So it may go up 1%? I mean, is this that significant?
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Old 07-02-2021, 03:45 PM   #10434
Hog's Gone Fishin Hog's Gone Fishin is offline
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So it may go up 1%? I mean, is this that significant?
It tells me a whale has confidence in the price. That's what I read.
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Old 07-02-2021, 04:00 PM   #10435
MTG#10 MTG#10 is offline
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Originally Posted by eDave View Post
I'm looking for a pop on Monday. Like after Memorial Day. Pattern is the same.
Market closed Monday
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Old 07-02-2021, 04:23 PM   #10436
Captain Obvious Captain Obvious is offline
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Quote:
Originally Posted by scho63 View Post
Reverse splits FAIL 95% of the time. They are NEGATIVE not positive.

Normal splits of 3:1 or 5:4 or 2:1 indicate a growing strong company.

Reverse splits are the OPPOSITE of forward splits and also the opposite in terms of success.
Thanks to all who weighed in. I knew that movement had to be abnormal. I didn't get out at the top of the run, but got out at 6.08. Not too shabby for an "oh, what the hell" lottery ticket.
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Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.Captain Obvious would the whole thing.
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Old 07-03-2021, 11:55 AM   #10437
scho63 scho63 is offline
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Really liking AAPL here at $125
Quote:
Originally Posted by scho63 View Post
For you guys liking lower priced stocks, check out CAPR.
Capricor Therapeutics. $5.50
Expecting a pop to $7.5-$8 on good news from conference this week
Great call I made on APPL from June 7th

Horrible call I made on CAPR from last week.

Gotta own the good with the bad......
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Old 07-03-2021, 12:52 PM   #10438
lewdog lewdog is offline
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Great call I made on APPL from June 7th

Horrible call I made on CAPR from last week.

Gotta own the good with the bad......
AAPL had been nice. I scaled out more at 140 Friday. Leaving 1/3 of original position to run by moving stop to previous day’s low until I’m stopped out.
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Old 07-03-2021, 01:47 PM   #10439
lewdog lewdog is offline
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Need some God damn stock tips from you guys!!!
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Old 07-03-2021, 02:14 PM   #10440
Hog's Gone Fishin Hog's Gone Fishin is offline
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Need some God damn stock tips from you guys!!!
What you drinkin , Keystone for me, LOLOL
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