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Post by Mahatma__Ganhdi on Jun 12, 2020 6:59:25 GMT -6
Now Hertz CEO asking to sell another $1B in stock since the price is so high? But you filed bankruptcy! The judge will never allow this fleecing of investors, you wouldn't think.
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Post by drlefty on Jun 12, 2020 7:09:44 GMT -6
Thats nuts
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Post by x on Jun 15, 2020 17:20:32 GMT -6
I took a beating the last week or so. I am going to have to turn Rajah's mom out even more just to make up for some tough losses.
It is sad when the $%^ty free stocks Webull gave me are the best performing ones I have right now.
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Post by Mahatma__Ganhdi on Jun 15, 2020 17:41:08 GMT -6
So when HTZ gets delisted will users of Robinhood be forced to sell since they do not allow OTC trades?
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Post by okie on Jun 18, 2020 19:04:14 GMT -6
The last time I was with Rajah’s mom she got so wet they had to call out the guard to stack sand bags around the bed.
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Post by x on Jul 21, 2020 18:18:14 GMT -6
Shat, I am sure you saw that ONTX took an interesting swing. 1.37 now.
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Post by Mahatma__Ganhdi on Jul 22, 2020 5:13:09 GMT -6
I watch it everyday. Hope you bought some when I posted about it at .42.
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Post by x on Jul 22, 2020 9:07:45 GMT -6
I watch it everyday. Hope you bought some when I posted about it at .42. Yep I dumped some other stock and bought 1,000 shares. Not a whole lot. Much appreciated tho. |
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Post by Mahatma__Ganhdi on Jul 23, 2020 14:10:17 GMT -6
I took profit on half my position up roughly $1/share. The other half now has a cost basis of 0 and I have some profit to show for it.
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Post by x on Aug 24, 2020 7:52:19 GMT -6
ONTX took a $%^ today. They hosted a conference call at 8:30 a.m. EST.
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Post by Mahatma__Ganhdi on Aug 24, 2020 8:20:41 GMT -6
Yep. Took the rest off the table this morning. Their drug is dead. This is the way to play these micro pharma companies. They have something promising that makes it to phase 3 and you book profits plus enough to take your cost basis to 0 on the remaining position. If they miss you have profits, if they hit you have even more profits. Playing with house money removes the stress.
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Post by daneaux on Aug 28, 2020 14:14:15 GMT -6
Getting out of the stock market entirely before earnings reports and reports of drops in August consumer spending.
But where to run?
I'm thinking maybe high grade government bonds if there is such a thing.
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Post by x on Aug 28, 2020 14:31:38 GMT -6
Getting out of the stock market entirely before earnings reports and reports of drops in August consumer spending. But where to run? I'm thinking maybe high grade government bonds if there is such a thing. I have a bridge for sale... |
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Post by Mahatma__Ganhdi on Aug 28, 2020 19:15:32 GMT -6
High grade government bonds are OK if they outplace inflation (or at least keep up, like TIPS). Otherwise, you are losing money and would be better in cash. The better option is to find something undervalued, like XOM, and park your money there. Then you have a real upside potential. If you need the money for something in the short term then don't do this. Just stay in cash.
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Post by drlefty on Aug 31, 2020 10:29:18 GMT -6
I have been shorting stocks over the last couple months and doing pretty well.
Not gonna quit my day job but that boat I have been wanting may be here sooner than I expected!!
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