[Rmtt]

Originally Posted by Nuckle

How do you make sure you don't miss the spike in price? If I remember the last one only lasted a short period of time. Go ahead and set a limit sale on it?

That's what I do. I set a limit sell on each one. With this one since it's so volatile and hard to pin down a price target...I just do my normal 30% above my entry point and set it GTC (good to cancelled).

[thebmw]

What does this mean for SEEL:

https://fksfirm.com/seelos-therapeutics-inc/

[Bimmer Nerd]

Originally Posted by premier3is

Are you buying in, at or out of the money puts?

Going to assume out of money puts since you are relying on those heavily swings. And yes, totally agree, buying options on low volatility stocks will have Theta eat up your money fast.

It depends on the stock to be quite honest with you. Most of the time it's at/barely OTM.

For example, I chose Roku puts because the stock was trading higher due to their earnings run up. However, one, I didn't think their earnings were going to be that great and two, I think their stock has been over valued ever since March 16 lows (115% increase).
So given those 2 factors, I bet against them. My puts were well ITM on Thursday, and still are positive, however Monday fucked it up quite a bit. We'll see where it ends on Friday.

[Jordan's World]

Originally Posted by Rmtt

Great.

SEEL...man if you can see Level 2 data...the wall to $1 is thin as can be. And on the 3 month chart it is a classic "Cup with Handle". I see it consolidating for a few days and then it will start to rise.

There is a Conference call next Tuesday discussing SLS-002 that I'm waiting on.

Just keep an eye on it. When it goes, people will be selling this at a 1.5 and will be screwing themselves. The drug voucher they have is worth 5X the company. I'm surprised that they haven't had someone try to buy them.

Plus what they are doing is beneficial to people. So we get to make money on a stock that helps people out!

What do you mean by thin wall? People are willing to bid up to a buck?

I still need to dig into level 2 data on my Fidelity account. Not going to lie, I had no clue what that was until you mentioned it a few days back. Once again, thanks for the insight. But from my understanding thus far, level 2's are simply a look into open orders for a specific stock, right?

Originally Posted by thebmw

What does this mean for SEEL:

https://fksfirm.com/seelos-therapeutics-inc/

Oh shit.

[E92inNC]

Originally Posted by thebmw

What does this mean for SEEL:

https://fksfirm.com/seelos-therapeutics-inc/

Looks like I gotta keep a close eye on this and prepare to dump

[BimmerDimmer6]

Originally Posted by sxyblue

Looks like I gotta keep a close eye on this and prepare to dump

Don't be a pussy and just ride it out... every good company gets sued eventually

Lawyers are hungry right now

[E92inNC]

Originally Posted by BimmerDimmer6

Don't be a pussy and just ride it out... every good company gets sued eventually

Lawyers are hungry right now

Lol thanks, I’m new to this and needed to hear that

[Rmtt]

Originally Posted by thebmw

What does this mean for SEEL:

https://fksfirm.com/seelos-therapeutics-inc/

The law firm is fishing. This is an investigation. News dropped about it yesterday...and that's why the share price dropped into the high .80's. Pre-market it's back to .91. So it held rather well.

Fields, Kupka & Shukurov LLP have done the same thing to many major companies such as Seneca, SPS Commerce, Aprea...countless others. I have
"weathered" through them before.

These things are a "dime a dozen".

You guys look after yourself....as I always said do what's best for you. As for me...I will continue holding. Here's who else is holding.

Fidelity: 140,000 shares
Blackrock: 430,000 shares
1492 Capital: 150,000 shares
Geode Capital: 155,000 shares
Renaissance: 1.1M shares
Tocqueville Asset: 192,000 shrs
Uniplan: 2.1M shares
Vanguard: 321,000 shares
Lingand: 2.25M shares
CVI: 500,000 shares
Phoenixus: 2M shares
CEO: 3.1M shares


This is what they have in the "pipeline". Also they have 6 other drugs not listed yet that can be put in play. The information is out there...you just have to look for it.

SLS-002 “Inhaler Ketamine” for Major Depressive disorder and PTSD. They have already had a PH3 meeting with the FDA, data unblinding is expected Q2 and this one has been "fast tracked".!

SLS-005 for Sanfilippo. This is screening for a PH3 in the US, news expected from Europe for a PH3 there Q2. This is PH3, Fast Track Orphan Drug Designation, Rare Disease Designation, & received a Priority Review Voucher with a market value of conservatively $100M. This voucher can be transferred with the sale of Trehalose or sold off after approval.

[Rmtt]

Originally Posted by Jordan's World

What do you mean by thin wall? People are willing to bid up to a buck?

I still need to dig into level 2 data on my Fidelity account. Not going to lie, I had no clue what that was until you mentioned it a few days back. Once again, thanks for the insight. But from my understanding thus far, level 2's are simply a look into open orders for a specific stock, right?



Oh shit.

Level 2 is Bid and Ask. Also make sure you are seeing it in real time as some trading accounts have a delay. With TD Ameritrade, you just have to sign a waiver saying you aren't a professional day trader.

[Rmtt]

Originally Posted by BimmerDimmer6

Don't be a pussy and just ride it out... every good company gets sued eventually

Lawyers are hungry right now

+1....I should have just copied this instead of the long response I wrote.

If you look at how many big companies went through this even on multiple occassions.....it would surprise you.

It's also done to try and get the share price lower so that it can be "shorted"

These guys are sharks!

[Rmtt]

Originally Posted by Rmtt

Also one more if others are looking and I will stay off for awhile. It opened at 1.20 and now at 1.32.

SFET.

Do your own research but they have retired all of their debt. I bought in at 1.17 I believe. It's easily worth $2.00+ and they have an Earnings Report coming out in about 2-3 weeks.

http://www.globenewswire.com/news-re...ture-Debt.html

Remember this one above.

Now sitting at 1.60's+ Pre-Market. And Earnings aren't due until 2 week of June I believe.

Safe-T Announces New Cyber-Security Sector Deals by its wholly Owned Subsidiary, NetNut Ltd.

http://www.globenewswire.com/news-re...etNut-Ltd.html

[Nuckle]

Originally Posted by Rmtt

Remember this one above.

Now sitting at 1.60's+ Pre-Market. And Earnings aren't due until 2 week of June I believe.

Safe-T Announces New Cyber-Security Sector Deals by its wholly Owned Subsidiary, NetNut Ltd.

http://www.globenewswire.com/news-re...etNut-Ltd.html

I was just about to ask if I should hold or sale. Looks like I should hold.

[Rmtt]

Originally Posted by Nuckle

I was just about to ask if I should hold or sale. Looks like I should hold.

Personally...I'm holding to 2+.

Last run it had it went 4.20's. Ytd is $63+.

They have signed deals with 3 leading companies of which only one has been announced.

They have had a blowout quarter with well over 100% revenue growth, and are debt free. Lot of volume piling up quickly!!

[DJKapeesh]

Just did this answer:

Bitcoin & 4 Cars

What can I say, I don't trust the current USD or the Markets

No time to watch the markets and make trades so...

[Rmtt]

Originally Posted by Nuckle

I am in AIKI.

Keep your eye out...someone just bought over 125K shares.

That's the way this thing runs if you are looking for an exit strategy.

[BimmerDimmer6]

Originally Posted by Rmtt

+1....I should have just copied this instead of the long response I wrote.

If you look at how many big companies went through this even on multiple occassions.....it would surprise you.

It's also done to try and get the share price lower so that it can be "shorted"

These guys are sharks!

Have SEEL, SFET & POAI right now.

I think they are good but we'll see up a few grand this morning

[Nuckle]

Originally Posted by Rmtt

Keep your eye out...someone just bought over 125K shares.

That's the way this thing runs if you are looking for an exit strategy.

Thanks! I have a limit sale at $6 which may be too high?

Man SFET dropped back down. May double down on it.

[Rmtt]

Originally Posted by BimmerDimmer6

Have SEEL, SFET & POAI right now.

I think they are good but we'll see up a few grand this morning

Same here...they are poised to run...but I am looking for a couple of weeks.

SFET with earnings in June. SEEL has so much going on.....they will be the biggest breakout I believe. And POAI should see at least a 50% increase in the next month.

Volume is the key. SFET had "turned over 3 times" by 9:30am.

I'm also in XSPA...that is my Long Term hold!

[Rmtt]

Originally Posted by Nuckle

Thanks! I have a limit sale at $6 which may be too high?

Man SFET dropped back down. May double down on it.

With AIKI...honestly I would get out as close to entry as you can. Most I see it spiking to this time is high $2's.....maybe tap $3 if lucky. Volume is slowly rising here...so something may be coming.

If you are in to deep....you could average down. I've played that P&D 3X already and it's about worn out. It will dump just as quick.

SFET ER is around June 11th...so it will consolidate, squeeze, rise, settle. But the closer we get to Earnings, you will see it go. Details of this last deal haven't been fully disclosed yet from what I can find.

[E92inNC]

Any thoughts on GE? They’ve started in a good trend since the scandal and now are near their low since COVID19.

[premier3is]

RIP to reading this thread if you don't keep up. Slammed with info lol.

[BimmerDimmer6]

Closing good today. I'd get into whatever you can that you've had on your radar by end of week.

IMO by thanksgiving it's all going to crumble again and you get back in Christmas time for a good run in 2021.