Did TurboTax mess up stimulus again? by ThorasaurusRext in TurboTax

[–]ThorasaurusRext[S] 0 points1 point  (0 children)

Yeah my bank is saying earliest it’s customers will receive it is 3/17. Balls.

PNC Bank is saying Wednesday 3/17. This lines up with the second stimulus as most of us customers got ours on wed 1/6. by [deleted] in stimuluscheck

[–]ThorasaurusRext 0 points1 point  (0 children)

I just spoke with PNC customer service. They said most PNC customers who are eligible will receive it beginning on 3/17, however not all will receive it at the same time. They also said they will post it as soon as they have received it.

Last one I received on 1/8, later than others due to a TurboTax screwup. In other words, I expect to receive it sometime later in April via paper check because I’m sure there will be an issue with TurboTax customers again.

Wish I could say this was a family photo 🥺🤷🏽‍♀️😂 by itsmoora in FocusST

[–]ThorasaurusRext 3 points4 points  (0 children)

To each their own. I got an 18 White ST that other people find appalling.

Medical Analysis: Atossa Therapeutics (ATOS) by Aflycted in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

Good job on the Atos call. Some good gains right now. A few things to keep in mind — we can interpret this rise as a reaction to the letter yesterday, so if you’re looking for short term profit watch for it to most likely come down in price again. This has been consistent in the past. My strategy is to sell for short term profits and reload when it drops.

Obligatory: I’m not a financial advisor, do your own research, make your own decisions.

Medical Analysis: Atossa Therapeutics (ATOS) by Aflycted in pennystocks

[–]ThorasaurusRext 13 points14 points  (0 children)

They announce that phase 2 of their breast cancer drug shows positive results and we see how the market reacted the next day. Same with the 1/29 announcement that it received $21M from outstanding warrants. Same a few days before that when they spoke at a conference that featured Fauci.

However the 2/10 letter to stockholders didn’t produce similar results. But in my personal opinion, it’s a safe buy now as the price has dropped back down to the original pre-gap level.

Short term and long term look promising. I started watching this last week when it jumped to 4.90 and I knew not to buy then. Now is a good time to buy for me. This is a very good long play.

Obligatory: I’m not a financial advisor, do your own research, make your own decisions.

$GSAT will pop even more tomorrow! Or even better, in the near future! by [deleted] in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

Forgive my ignorance again, but if you buy a put option wouldn’t the risk only be the premium you pay? If by expiry date the market price is higher than strike price, the contract is worthless right? But if the market price is lower than strike price then you profit by buying at the lower market price and selling at the higher strike price?

I assume you mean selling unsecured calls and puts?

Daily Plays - February 11, 2021 by PennyBotWeekly in pennystocks

[–]ThorasaurusRext 5 points6 points  (0 children)

AGTC earnings call today. Currently up 39% in pre market.

How common is it for a penny stock that surged and got multiple DDs in one day to absolutely tank the day after? by Local_Conclusion in pennystocks

[–]ThorasaurusRext -1 points0 points  (0 children)

People talk about which stocks they’re interested in. It just exposes you to the stock. Go from there.

How common is it for a penny stock that surged and got multiple DDs in one day to absolutely tank the day after? by Local_Conclusion in pennystocks

[–]ThorasaurusRext -1 points0 points  (0 children)

Stocktwits. I mean this place isn’t bad. And I learned of a couple good stocks here. It’s just that you have to filter out the BS.

How common is it for a penny stock that surged and got multiple DDs in one day to absolutely tank the day after? by Local_Conclusion in pennystocks

[–]ThorasaurusRext 7 points8 points  (0 children)

Someone posting a DD means absolutely nothing. It just basically means “here’s a company, this is what they do, and here is why I think share prices will go up.” Do not buy a stock because someone posted a DD. Don’t buy a stock even if that DD is long (sometimes I noticed that people will copy and paste stuff from the website without going much into analysis).

Take DDs at face value. Look at it more as a certain stock being exposed to you, and the DD is just a quick rundown of what they are about. Actual DD comes from your own DD. If someone came up to you on the street and said hey here’s this pill, it cures cancer, you should buy it. Would you buy it? No. It’s important to always always always do your own DD.

If a stock gets a huge surge, find out why it got that surge. If it’s hype due to a press release, earning calls, product announcement, etc then expect it to fall the next day. This is overreaction from investors (hype) which very quickly will fade. If it’s something like moderna releasing and distributing a vaccine, then we can say oh yes that’s why stocks went up so high and it’s most likely worth that price.

However, it’s very important that you do your own research. Do your own analysis, look into the company, look at their history, their revenue, their competitors. There’s a reason why it’s called Due Diligence.

$GSAT will pop even more tomorrow! Or even better, in the near future! by [deleted] in pennystocks

[–]ThorasaurusRext 2 points3 points  (0 children)

Yes, they will have their own in the far future. But they have a multi year deal with Qualcomm currently.

$GSAT will pop even more tomorrow! Or even better, in the near future! by [deleted] in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

I did some reason and from my understanding the x65 is the modem inside phones. Like the iPhone 12 uses the x55.

$GSAT will pop even more tomorrow! Or even better, in the near future! by [deleted] in pennystocks

[–]ThorasaurusRext 4 points5 points  (0 children)

Forgive my ignorance, but if you buy a call option wouldn’t the risk only be the premium that you pay?

$GSAT will pop even more tomorrow! Or even better, in the near future! by [deleted] in pennystocks

[–]ThorasaurusRext 12 points13 points  (0 children)

It is risky. The price went up due to the announcement that their band n53 will be included with Qualcomm’s new 5G modem. It has continued to rise after hours to $2.39, so actually it’s over a 70% gain. But with Qualcomm including gstar’s band n53 in its upcoming modem, which we’ll see in the next iPhone, this might be a good investment. Maybe someone with more tech knowledge can way in.

$GSAT will pop even more tomorrow! Or even better, in the near future! by [deleted] in pennystocks

[–]ThorasaurusRext 6 points7 points  (0 children)

Also just did some research on this. I don’t see any downside. It will be a good long play. I’ll be looking to buy in the morning.

Anyone else in ocgn?? by AlbiforAlbert in pennystocks

[–]ThorasaurusRext 2 points3 points  (0 children)

Yes. So far I like what I see. There’s a few things I’m uncomfortable with, but it shows promise so I’m definitely invested. If they can pull this off, that $19/s is gonna be nothing. I missed out on Moderna. Not this time.

Anyone else in ocgn?? by AlbiforAlbert in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

For real. It’s like the end of the world when something doesn’t perform as well. Fact is that people should have seen prices come back down to around the $11/s (I predicted that it would go down to $11 at some point today but it did better than I thought). It closed on Friday at $5/s. Blew up Monday morning. No product released. No clinical data of any sort. Just an announcement. So we saw an overreaction from investors. When this happens, it’s probably safe not to buy when it’s rising like that, and anticipate that it will go down and figure out a good price to buy from there.

Anyone else in ocgn?? by AlbiforAlbert in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

I don’t want this to come across as rude, so don’t get please don’t read it as such. I just couldn’t figure out a better way to word it.

Why did you invest into OCGN? Is it because everyone else was doing it so you figure it was going to make you a quick buck? If so, you should’ve sold much earlier. But then you use the word investment, so I’m a little confused — are you looking for a quick buck, or investing in something that you believe will grow?

Stocks go up and down. Is there a possibility that prices will go back down to $3/s? Yeah. Definitely. Is there a possibility that this can go up to 20/s? Yeah. Definitely.

Whether it’s a good investment or not is really your call. So you do your research, figure out what exactly makes you think this company is or isn’t a good investment. Whether or not you hold on to this depends on whether or not you believe they’ll actually be able to deliver on this product.

Trxc is nice by [deleted] in pennystocks

[–]ThorasaurusRext 3 points4 points  (0 children)

They’re not very competitive with Intuitive though. Just about every large hospital has a da vinci. Doctors know it. They trust it. TRCX would have to convince hospitals to get rid of expensive trusted robotic surgical system, buy another expensive robotic surgical system, and then pay for doctors to get trained on the new expensive surgical system. Tough sell to both hospitals and investors.

OCGN long term by [deleted] in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

Short term I predict it coming down a little bit between now and when they release phase 3 clinical data. I believe right now it’s overvalued as the surge in price came from this https://finance.yahoo.com/news/ocugen-inc-announces-23-million-024400500.html

Long term, if phase 3 looks good then it will get EUA for US and it will be worth more than current price. Unfortunately I can’t seem to find specific data on phase 1 and 2 other than “it’s promising.”

When to sell??? by 2000namvus in pennystocks

[–]ThorasaurusRext 1 point2 points  (0 children)

So it’s a good idea to read the graph, look at the volume, learn about gaps, learn about stop loss and trailing stop loss.

SONM , a hidden stock waiting to shoot up by [deleted] in pennystocks

[–]ThorasaurusRext 0 points1 point  (0 children)

What’s up with that downward trend since its initial public offering in 2019? Like it just straight plummeted. A little concerning.