All things STOCKS

#4,502
#4,502
Wow, JILL ran all the way to 1.50. Would have been a 100+% gainer had I actually gotten into yesterday.

At least it helps my confidence seeing that among the 4 stocks I posted about, 3 of them look like winners, even if I'm not actually benefiting monetarily from them. My last 3 stocks I've actually invested in haven't really hit, but at least I'm currently looking at marginal gains or at least they are holding the line.
 
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#4,503
#4,503
I have done some positive damage with some simple advice from @VolAllen. 1 - don't go back to something after you take a profit or a loss ( I did a stupid thing with IDEX but did not make the same move with BOXL) 2 - don't trust other people's DD on penny stocks (burned with XERS but not with others) 3 - always keep looking at SAVE (thanks this is gonna be a long term up and down and I will ride with it)

Thanks, man. You have changed my life for the good and I appreciate that
 
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#4,506
#4,506
LIvol said:
I have done some positive damage with some simple advice from @VolAllen. 1 - don't go back to something after you take a profit or a loss ( I did a stupid thing with IDEX but did not make the same move with BOXL) 2 - don't trust other people's DD on penny stocks (burned with XERS but not with others) 3 - always keep looking at SAVE (thanks this is gonna be a long term up and down and I will ride with it)

Thanks, man. You have changed my life for the good and I appreciate that
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1 and 3 contradict, though.
 
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#4,510
#4,510
I got crushed in IDEX, though. Got into a pattern of selling the PM hype spike and then buying the RH 9AM dip. Made a ton of money until my limit sale was 3 cents from executing and Hindendouche dropped his hit piece.

I’ve been trying to sell the occasional runs to 1.75 and averaging down, but it’s still a heavy bag.
 
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#4,511
#4,511
LIvol said:
I have done some positive damage with some simple advice from @VolAllen. 1 - don't go back to something after you take a profit or a loss ( I did a stupid thing with IDEX but did not make the same move with BOXL) 2 - don't trust other people's DD on penny stocks (burned with XERS but not with others) 3 - always keep looking at SAVE (thanks this is gonna be a long term up and down and I will ride with it)

Thanks, man. You have changed my life for the good and I appreciate that
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I appreciate the kind words. Let’s face it, no one really wants to work, and trading is way more fun. I’m still learning, but I definitely get it. There’s a lot more common sense involved than charts and all that other mess that people study so much. You could choose one “blue chip” stock, and as long as you have the capability to day trade with no limits, you can make great money just playing the same stock over and over. The reason I’ve taken this approach is because I’ve never lost doing it this way. My best gains were also from the safest plays buying companies you’ve actually heard of.

As tempting as it may be to buy 1,000,000 shares of some bio tech and pray like hell it hits $1 before they have to do another reverse split, you might as well go to your nearest casino and throw it all on red. The odds of winning are greater.
 
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#4,513
#4,513
VolAllen said:
It sounds that way, but I know what he means. If you’ve cashed on a penny, consider the run over and move on. The big dogs like SAVE, NKE, TSLA, etc.. will always be safe plays to scalp.
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Made that mistake on KTOV. Cashed in on 50% gains. Bought back in on a dip. Now bag holding again. Seems to have a good overall business model,with lots of cash on hand a couple of drugs that have patents, so I think it'll pop again at some point. But not playing it again once I can get out.
 
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#4,514
#4,514
Carp said:
Made that mistake on KTOV. Cashed in on 50% gains. Bought back in on a dip. Now bag holding again. Seems to have a good overall business model,with lots of cash on hand a couple of drugs that have patents, so I think it'll pop again at some point. But not playing it again once I can get out.
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It definitely will pop again, you just may have to hold for a long time. I’ll give you an example.

Last year I told my mom about IFRX. Had a major crash and fell from the $30 range on bad results from their drug or whatever. Went all the way to $3. I told her, that’s a buy. She bought it. It stayed $3 forever. Maybe even dipped into the $2’s. Finally, about 9 months later, it spiked to $9. I called her and said hey, you still have IFRX? She said yea “I think so” (😂) I said, it’s time to sell! She tripled her money, simply by just leaving it there and forgetting about it.
 
#4,515
#4,515
Tri-CitiesVol said:
I got crushed in IDEX, though. Got into a pattern of selling the PM hype spike and then buying the RH 9AM dip. Made a ton of money until my limit sale was 3 cents from executing and Hindendouche dropped his hit piece.

I’ve been trying to sell the occasional runs to 1.75 and averaging down, but it’s still a heavy bag.
Click to expand...

And I have no idea if I should hold it or sell it..I don’t foresee the spike I need in the near future concerning IDEK..definitely could be wrong though... @VolAllen any thoughts?

1594911205959.gif
 
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#4,516
#4,516
UTSuave’ said:
And I have no idea if I should hold it or sell it..I don’t foresee the spike I need in the near future concerning IDEK..definitely could be wrong though... @VolAllen any thoughts?

View attachment 293537
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I feel pretty confident it’ll see $2 again within a month or two. All it’ll take is a good catalyst and shorts being squeezed. But that stock is so manipulated. I’ve lost enough that I’m holding long term.

If they were to announce a partnership with a US EV manufacturer I think it would really legitimize the business in most traders’ eyes and it would 🚀
 
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#4,521
#4,521
Tri-CitiesVol said:
I feel pretty confident it’ll see $2 again within a month or two. All it’ll take is a good catalyst and shorts being squeezed. But that stock is so manipulated. I’ve lost enough that I’m holding long term.

If they were to announce a partnership with a US EV manufacturer I think it would really legitimize the business in most traders’ eyes and it would 🚀
Click to expand...

Or just have @VolAllen to buy S**t tons of stock since it’s dirt cheap and be a good volunteer 👀😭😂 but on a real note..if you know a guy in Wall Street or some big wig in a news outlet Feed him that partnership peace so we can all have a Sea food tower🤞🏽👍🏽😁
 
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