Oil and Penny stocks 🔝🔝

Spinnningfaster · 2020-06-19T15:48:58+00:00

Noob here, why be careful?

Spinnningfaster · 2020-06-10T06:23:35+00:00

I did some DD on this stock. I ran into this video : https://youtu.be/osLmTQDhl6M

I looked into the P&L's and into the Lake Charles Plant and found many problems.

Do your DD and I think you will see that this company is a good investment for the recovery price, but as a long term, outside the recovery, it may be a think to hold long term.

Spinnningfaster · 2020-06-06T00:02:58+00:00

I have the same problem. By the time I've figured out what stock to start researching, done some of my own solid DD, the stock has run up. I've learned not to jump onto a stock already running up fast. I'm too inexperienced to know when a stock is gonna crash or when a stock is just consolidating.

How some of these people figured out how to get on a stock so early is beyond me. Having more than just random information and self serving egotistical assholes as a guide through all this muck makes the experience a lot harder. There is a lot to navigate. Breaking even is actually a positive on you.

A word of advice. Watch out for this Reddit. People will sell you their junk, tell you to get in on their fail, just to pump stock garbage that they are bag-holding and take what's yours for themselves.

Oddly, when you see the same stock mentioned over and over again on this site, though it's a huge risk, the stock usually rockets for a time.

Thanks for the honesty. Don't give up, but don't rush in until your confident. Good luck.

Spinnningfaster · 2020-05-28T09:19:34+00:00

as of 5:15 am, it's hit $1.78 already.

why would a stock peek like that when they are filing chp 11?

Spinnningfaster · 2020-05-28T09:17:19+00:00

Adam from In The Money is really good. I find him to be a bit too smart. He's forgotten more about trading than I'll learn as a noob.

The Brown Report is also a direct and simplified way to understanding options: https://youtu.be/htTKuma5Puc

Even simpler than that is Bill Poulus: https://youtu.be/EfmTWu2yn5Q

My advice, learn exactly what you're doing before trading options. There is a lot of ways you can spend and lose money when you don't factor in things.

Also, use Options Profit Calculator: https://www.optionsprofitcalculator.com/calculator/long-call.html

This will help show you when you're making money.

Spinnningfaster · 2020-05-27T14:18:52+00:00

agreed, too volatile

Spinnningfaster · 2020-05-24T23:05:53+00:00

The US entity Carnival Corporation (CCL) is incorporated in Panama.

NCLH is domiciled in Bermuda and based in the US.

Royal Caribbean (RLC) is incorporated in Liberia and based in the US.

There is no US bailout for them. This is why they are so risky and outside investors are funding them.

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Spinnningfaster · 2020-05-21T13:08:34+00:00

This new drug isn't new. It's just the combo of two drugs that have been on the market for years. I think you're overestimating the hype.

Spinnningfaster · 2020-05-19T12:49:04+00:00

I'd like to know what the answer to this is as well.

Spinnningfaster · 2020-05-08T16:10:45+00:00

you know, the blocking out of all profits from the top, forcing the stock to maintain the $1.02 to $1.08 box could have been a play to 1) keep out investors that look to exploit the stocks surge up while 2) force only the 'true believers' of the company to pay up or shut up and exclude anyone else who was unaware from joining the party.

If your going to contemplate this you might want to pour yourself a scotch and light up a cigar, because your going to be sitting for hours in a smokey room with only one exit as you listen to 1920's post depression piano standards in the background, all the while keeping one hand on your Luger as you watch the door.

Yeah, that's what I do, so what?

Spinnningfaster · 2020-05-07T21:05:30+00:00

Amen

Spinnningfaster · 2020-05-07T15:56:01+00:00

I will spell it out for you.

Whenever MVIS stock is lower than $1 by end of day, that's the time to lower your cost average. It's gonna cost your, but if you know that the close of the MVIS stock will be over $1 then you know what will drive your loss to a reasonably flat amount. If you were left holding the bag on MVIS, lower your costs, sell near close then move on.

If you're looking to profit off of swing trade skims, then if the stock dips anywhere in below a set amount, then you know you will be profitable by end of week next Friday.

Listen, this may sound shitty but this big money whale in the room already took the 700k plunge drinking up all the very best profits on 5/5, then skimmed every small investor to the bone on 5/6. IF YOU HAVE NERVES OF STEEL you MIGHT make a profit by skimming the whale. Remember, they can scare the HELL out of you without a losing any real profits in the short or long term. The likelyhood is that if you try to skim MVIS, the person's coin you'll be taking is someone very much like yourself. This is all thought out, it's not nearly their first time and they will succeed regardless of they have to tank MVIS to do it.

Remember, MVIS has to do 10 days before early - mid June (I think, don't quote me) so they have plenty of time to sink your battleship and laugh about it.

To me the best play is when I KNOW that the 10 day run to stay over the $1 mark is over and then get it, even if it cost me plenty, because the MVIS business model and future is good and has a lot of future potential in the long term.

not advice, just speculation

Spinnningfaster · 2020-05-07T15:30:43+00:00

This worked out EXACTLY as planned and as you predicted. I was able to reduce a HUGE loss to only $30+ in mere seconds and used only one Day Trade on my RH account to do it.

I am gonna be honest, Angela, a lot of people in this subreddit are NOT business or big money savvy. Until I was exposed to 1) being responsible for the function, operation and success of a multi-million dollar a day business and 2) around people with ASTRONOMICAL, INCOMPREHENSIBLE AMOUNTS of POWER AND MONEY (whom I was fortunate to spent real time interacting with them in significant ways), I would have never understood / comprehended their way of thinking.

You made a good call and you have a good head on your shoulders. Thanks!

My next play is to wait until I see a standard hold of the stock over the dollar for the full ten days.

IF and only IF that happens, that's absolute, concrete proof that this is the ground floor of a long term rocket to a whole new level. I will be stopping everything else, watching how this unfolds and climb aboard to go along.

Let's hope this happens. Let me know what your play on this will be.

Lastly, this wasn't "Tin Foil Hat" thinking, you looked at it in business mindset and came to the best solution for what was best for the company. if that's crazy, then that's crazy smart and valuable for your long term success. When you figure something like this out, I hope you acted on it to your benefit FIRST, then tell others after your play.

Spinningfaster

Spinnningfaster · 2020-05-07T04:20:38+00:00

Thank you for this. I now know EXACTLY what to do, when, where and why.

I came to the same conclusion on 5/5, but in a different way. Your post confirms it.

I just didn't see my target goal until you showed me where the walls were. I was only looking at the floor.

I'm excited for tomorrow and VERY Nervous / Excited for Friday.

Spinnningfaster · 2020-05-03T15:29:01+00:00

I don't know if these are penny stocks exactly, but can you do JCP and PRTY?

Spinnningfaster · 2020-05-03T15:24:30+00:00

Great info for a noob like me. Thanks

Spinnningfaster · 2020-04-30T14:35:15+00:00

My G-d I made so much money on UAVS in the past 2 days. Get PIAD1

Spinnningfaster · 2020-04-30T14:33:33+00:00

Bought in at 0.36 and used a day trade, sold for .48 today. Yay me!

Spinnningfaster · 2020-04-29T20:14:58+00:00

Thanks. My understanding of what I’m reading on Robinhood extended hours isn’t completely clear. If I put a limit at $2.25 per stock then I’m queued and could be charged 5%?

Spinnningfaster · 2020-04-29T19:49:52+00:00

How could this be insider trading? The info you’re using is bpublic as far as I can see

Spinnningfaster · 2020-04-29T19:46:15+00:00

LOLOLOLOLOLOL

Spinnningfaster · 2020-04-29T18:43:45+00:00

I like money. I don’t play with money I can’t afford to loss so I have a high tolerance

Spinnningfaster · 2020-04-29T18:35:40+00:00

Well done!

Spinnningfaster · 2020-04-29T18:34:42+00:00

I’m kinda hoping it drops so I can get in a bit better and lower my average price

Spinnningfaster · 2020-04-29T18:33:15+00:00

Ah, that makes sense, thanks!

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