All things STOCKS

#8,052
#8,052
I did not buy CRBP unfortunately. I just sold 10 puts on it, so hopefully they'll be left behind in a cloud of dust.
Yesterday bought NAK, doubled down on CPST.
Today bought ITRM.
 
#8,054
#8,054
I bought RIOT a couple months ago in my spec allocation as a BTC proxy to get more direct exposure, and I set what I thought was a moonshot sell limit at 45. It executed this morning. I've gone from a 2% cash position last week to over 35% today.
 
#8,067
#8,067
ARTL doubled on open this morning. CCIV is also up pretty good, but it does that every day or two anyway.
 
#8,072
#8,072
Thunder Good-Oil said:
Consistent 20% returns make those people rich. Like 1,000x an investment in about 35 years. $1,000 x 1,000 equals a million dollars.

Short term trading is zero sum. For everybody making a dollar, somebody else loses a dollar.
Click to expand...
That's what I don't understand here. I'm retired, old enough to recall Johnny's boy playing in the TN secondary and to have played pickup ball with Condredge Holloway. Old.

Why struggle? Why spend my off (granted, all my time now, but not for many of y'all who could be hugging kids instead of chasing returns) time chasing a few percentage points? I can let it ride in Vanguard Wellesley/Wellington/play money 45/45/10...... and get, I dunno, 9% without doing $&it. The 10% in play money has been in some kind of bitcoin, cannabis, etc. Just play and my biggest decision is how much to draw, donate, etc to make the tax man STFU.

Why chase and worry? Is 9% avg over the long haul not enough?
 
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#8,073
#8,073
Anyone buy LTC like I suggested the other day? You've still got time....it's going to $300+ within the month.
 
#8,074
#8,074
GNBT will recieve pre-clinical data this coming week confirming whether its Covid vaccine provides long term immunity. This stock is priced at 43 cents. Has the same potential CYDY had in October of 2019 trading at 40 cents now $6 plus. Generex has a deal with a partner in Malaysia to pay all costs assocted with developing the vaccine in the US. They also have signed agreements with Chinese partners and have already rec'd $3.1 million in funding with an additional $3 million expected in the coming weeks. They plan on filing IND application with the FDA as soon they get the results in to start what will be about a month long Phase1/Phase2 concurrent trials. Everything is planned out already from sites picked for trials all the way through distribution. Also the have an IPO about to happen with a spun off company NGIO which should ad significant value to GNBT as the parent company. Wesite for GNBT: NEWS Website for NGIO: NEWS
 
#8,075
#8,075
SayUWantAreVOLution said:
That's what I don't understand here. I'm retired, old enough to recall Johnny's boy playing in the TN secondary and to have played pickup ball with Condredge Holloway. Old.

Why struggle? Why spend my off (granted, all my time now, but not for many of y'all who could be hugging kids instead of chasing returns) time chasing a few percentage points? I can let it ride in Vanguard Wellesley/Wellington/play money 45/45/10...... and get, I dunno, 9% without doing $&it. The 10% in play money has been in some kind of bitcoin, cannabis, etc. Just play and my biggest decision is how much to draw, donate, etc to make the tax man STFU.

Why chase and worry? Is 9% avg over the long haul not enough?
Click to expand...

Compound interest can be your friend (especially for those younger posters)

If you invest $10,000 at the age of 25 and earn 9%, you will have $314K by the age of 65. If you earn 12%, you will have $930K at 65.
 
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