[tigermack]

Originally Posted by premier3is

My BA position is fuckin me currently. I can't wait to see it in the low 100s if it gets there, I will double down. Fuck you BA, you WILL make me money.

I sometimes want to slap myself for not letting go at 220.

[premier3is]

Originally Posted by tigermack

I sometimes want to slap myself for not letting go at 220.

Don't worry it'll go back up.... one day lol.

[Nuckle]

Originally Posted by premier3is

If you have to sell stocks to meet "deadlines", investing isn't for you.

I think there are a ton of people playing in the market right now with money they don't have. It's crazy!

[Rmtt]

Originally Posted by Nuckle

I think there are a ton of people playing in the market right now with money they don't have. It's crazy!

True. And then they don't take the time to learn the fundamentals. They are always chasing others. Doing this....they will never be successful.

Awhile back I mentioned some of my reasoning of how I I find a stock. Volume, RSI, MA........if you can chart these and learn to watch for trends.....you can predict this stuff with a pretty fair amount of accuracy even when the market is acting weird.

There are established "trends" that have been used for years that show you how bearish or bullish a stock is. A "golden cross, a flag pattern, etc......followed by a change in the RSI is a big indicator. Then any catalyst is the ignition, and volume and public float is the propellant.

This is how technical people trade.

Believe and do what you want. I may match my job's current annual salary this year if this keeps up.

Oh... Also remember that you will owe Uncle Sam later. So take that into consideration. I always assume the highest bracket of Capital Gains.

That way at tax time, you aren't surprised.

[Rmtt]

Oh....and if you want to dabble just a little in a long term hold......look into LK. Lukin Coffee. The "Starbucks" of China. Look at what it used to trade at.

It will be delisted and become an OTC stock. You can look it up and read why. It's dirt cheap right now. Drop $100-$200 into it and forget about it.

A year from now....you may look and see your initial investment worth nothing, or you may see $2K+ staring back at you. Maybe a lot more.

This one is a special situation. Also kind of too big to fail at one point. There are ultimate possibilities with this thing. Restructure, buy-out....you never know what's in the "wings".

[Littlebear]

PRPO did an S-1 form Friday at 5:18p.
Is this good, bad, or a nothing burger?

https://seekingalpha.com/filing/5064...content=link-1

Murf

[Rmtt]

Originally Posted by Littlebear

PRPO did an S-1 form Friday at 5:18p.
Is this good, bad, or a nothing burger?

https://seekingalpha.com/filing/5064...content=link-1

Murf

It's from a previous agreement with Lincoln Park and already factored into the stock price as its been known about for awhile. But they have to register the shares officially.

Sugentech is a partner of PRPO....and they are working on a "Home antibody Covid Testing kit".

This is what is getting people interested in this stock.

[Littlebear]

Originally Posted by Rmtt

....
This is what is getting people interested in this stock.

PRPO up 3.42% after market & after the S-1 form.

[BMW F22]

FB might be a good stock to buy depending on how much it drops.

[MisterF80M3]

Originally Posted by BMW F22

FB might be a good stock to buy depending on how much it drops.

There are a lot of good buy opportunities right now. Only if the market can find a bottom here or else we will have even better opportunity to go long.

[Jordan's World]

This isn't directed at anyone in particular, but I always thought trying to time the bottom, specifically in a volatile market, wasn’t smart and leads to a more emotional investment approach? At least from what I’ve been told and read about in a few books.

I was of the mindset you should buy into companies you like and then DCA overtime until you’re comfortable with outlook. For example; I really like SBUX and WMT right now, so I loaded up a few shares for my initial buy in last week and will slowly add more on red days. That way I’m not dumping it all in at once and am spreading out my dollars over time.

[damageprone]

Originally Posted by Jordan's World

This isn't directed at anyone in particular, but I always thought trying to time the bottom, specifically in a volatile market, wasn’t smart and leads to a more emotional investment approach? At least from what I’ve been told and read about in a few books.

I was of the mindset you should buy into companies you like and then DCA overtime until you’re comfortable with outlook. For example; I really like SBUX and WMT right now, so I loaded up a few shares for my initial buy in last week and will slowly add more on red days. That way I’m not dumping it all in at once and am spreading out my dollars over time.

Yes you have the fundamentals of investing for the masses. And it is great advice.

[Rmtt]

Originally Posted by Jordan's World

This isn't directed at anyone in particular, but I always thought trying to time the bottom, specifically in a volatile market, wasn’t smart and leads to a more emotional investment approach? At least from what I’ve been told and read about in a few books.

I was of the mindset you should buy into companies you like and then DCA overtime until you’re comfortable with outlook. For example; I really like SBUX and WMT right now, so I loaded up a few shares for my initial buy in last week and will slowly add more on red days. That way I’m not dumping it all in at once and am spreading out my dollars over time.

I always average down any position I hold if given the chance. I also "scale in" my buys. I want in.....but once the scanners hit......you see a lot of volume come in at once as people are trying to get position as most are seeing the same thing you are.

When it doesn't do something relatively fast.... they get bored or just don't know what they own....and move on. No patience

That's when I buy more. Later when it does run....they chase. That's the best way to lose money. I try to keep emotions out of it, and trade by technical analysis.

Example.....if you look at 1 month charts of two stocks I own.....there is a "golden cross" pattern where the short term ma has crossed the long term ma. That is considered a bullish sign. Then if the rsi looks good....it's another bullish sign.

That's how you see these good investors get in stocks a week or two before they pop.

It's knowing the patterns and tweaking your scanners for looking at key items. News, SEC filings, volume.....you can tweak them all kinds of ways. But once it hits your radar....that's when you start looking at the fundamentals.

I know it sounds crazy....but these "markers" work and have been around for awhile. Others are "bullish flag" and "cup and handle" formation.

Trading stocks defy a lot common sense. You ever see a stock run....people sell, and then the stock drop? It's actually called a "pull-back"....and perfectly normal for a healthy stock. People think it's done and get out. So I also "scale out" my sells.

[Rmtt]

Also again...I am not a professional trader. I have a friend who is and runs his own firm. I think I mentioned it before, but he's tried to get me into this awhile back. I honestly wish I had listened to him.

It's actually been a blast learning something different.

[Jordan's World]

Originally Posted by Rmtt

I always average down any position I hold if given the chance. I also "scale in" my buys. I want in.....but once the scanners hit......you see a lot of volume come in at once as people are trying to get position as most are seeing the same thing you are.

When it doesn't do something relatively fast.... they get bored or just don't know what they own....and move on. No patience

That's when I buy more. Later when it does run....they chase. That's the best way to lose money. I try to keep emotions out of it, and trade by technical analysis.

Example.....if you look at 1 month charts of two stocks I own.....there is a "golden cross" pattern where the short term ma has crossed the long term ma. That is considered a bullish sign. Then if the rsi looks good....it's another bullish sign.

That's how you see these good investors get in stocks a week or two before they pop.

It's knowing the patterns and tweaking your scanners for looking at key items. News, SEC filings, volume.....you can tweak them all kinds of ways. But once it hits your radar....that's when you start looking at the fundamentals.

I know it sounds crazy....but these "markers" work and have been around for awhile. Others are "bullish flag" and "cup and handle" formation.

Trading stocks defy a lot common sense. You ever see a stock run....people sell, and then the stock drop? It's actually called a "pull-back"....and perfectly normal for a healthy stock. People think it's done and get out. So I also "scale out" my sells.

Would you consider the technical analysis, i.e. MA, RSI, bullish chart signs, etc.. to be beneficial even for large cap stocks where one would want to hold for a long time? The technical approach seems to be the way for day and swing traders, however, when you watch or read about how these "expert" stock traders analyze a stock, I've noticed there isn't much technical talk, but rather a more holistic view on the health of a company. I read things about P/E, D/E, balance sheets, income statements all being key and wonder if these are variables that should be considered for all investment approaches or specifically the larger cap stocks?

From my understanding, and correct me if I'm wrong, but the all these chart signs, technical averages, etc.. don't really mean much over the long term.

I apologize if this is a dumb question, but just trying to learn as I go.

[Rmtt]

Originally Posted by Jordan's World

Would you consider the technical analysis, i.e. MA, RSI, bullish chart signs, etc.. to be beneficial even for large cap stocks where one would want to hold for a long time? The technical approach seems to be the way for day and swing traders, however, when you watch or read about how these "expert" stock traders analyze a stock, I've noticed there isn't much technical talk, but rather a more holistic view on the health of a company. I read things about P/E, D/E, balance sheets, income statements all being key and wonder if these are variables that should be considered for all investment approaches or specifically the larger cap stocks?

From my understanding, and correct me if I'm wrong, but the all these chart signs, technical averages, etc.. don't really mean much over the long term.

I apologize if this is a dumb question, but just trying to learn as I go.

No....you absolutely correct. None of what I said above affects my opinion for Long-term plays....3+ years. Most of what I said above is for daily or swing trading. Short term only.

For LT....I would do exactly what corn18 does!

[Rmtt]

So an example of a potential catalyst just this morning and how I do things. After this news....I would then look at the fundamentals. After that....If my scanner were to alert me ....it tells me something more could be coming.

Senators are planning to put money into semiconductor companies in order to bring more to America and out of China.

Look up the ticker WISA and research them. Let's see how this news affects this ST stock in the coming weeks. Put it in your "watchlist".

I don't plan to get into it as I have others I'm waiting to hit in the next 1-2 weeks. But if were looking for a "play" to investigate further....this would be one I would be looking at!

[Jordan's World]

Originally Posted by Rmtt

No....you absolutely correct. None of what I said above affects my opinion for Long-term plays....3+ years. Most of what I said above is for daily or swing trading. Short term only.

For LT....I would do exactly what corn18 does!

Gotcha! Thank you kindly for the clarification.

I am looking to continue playing with a few grand for fun, but I've realized my focus should be on long term growth and 'set and forget' type stocks. As I mentioned before, I cannot be actively managing this stuff like I am doing now in the future. I think you said you're in a similar position, but my current schedule allows for me to have some free time right now.

I hope you give us some more quality picks in the coming weeks, everything you have given us thus far has hit (eventually). I'm learning to just be patient and trust the process. I refuse to lose money on such volatile stocks when an R/S or public offering hits. I have a feeling a lot of people are playing around with money they don't have as they sell the second there is a "hiccup" in the share price.

Scared money don't make money!

[Rmtt]

Originally Posted by Jordan's World

Gotcha! Thank you kindly for the clarification.

I am looking to continue playing with a few grand for fun, but I've realized my focus should be on long term growth and 'set and forget' type stocks. As I mentioned before, I cannot be actively managing this stuff like I am doing now in the future. I think you said you're in a similar position, but my current schedule allows for me to have some free time right now.

I hope you give us some more quality picks in the coming weeks, everything you have given us thus far has hit (eventually). I'm learning to just be patient and trust the process. I refuse to lose money on such volatile stocks when an R/S or public offering hits. I have a feeling a lot of people are playing around with money they don't have as they sell the second there is a "hiccup" in the share price.

Scared money don't make money!

Yes...at your age I would be putting everything I could afford away for retirement. I've been doing it as long as I can.

This short term stuff is alluring....but not something I would even count as part of my investment portfolio.

It's nothing more than "playing" for me although I will admit that I've made more much more money from it than I thought I would.

I like finding stuff that I can get it.....and just set a sell order for and forget about. If it take 2 weeks or 2 months....it doesn't affect me. I couldn't be in front of a screen all day doing "day trading" unless that was actually my job.

Right now, I look at is as a new hobby I'm learning!

[Rmtt]

IBIO on the rise again this morning! +27% up at the moment.

TORC showing a little life as well.

DLPN should have ER today or tomorrow.

PRPO and UAVS still a waiting game.

And one I have been holding for a long time. "AIKI"

I have posts in here from months ago mentioning it. I "swung" it twice doubling my money both times.

I'm getting ready to do it again in the next 1-2 weeks...this time I'm looking for a "triple" as I have a very low average!

[Rmtt]

Originally Posted by Rmtt

So an example of a potential catalyst just this morning and how I do things. After this news....I would then look at the fundamentals. After that....If my scanner were to alert me ....it tells me something more could be coming.

Senators are planning to put money into semiconductor companies in order to bring more to America and out of China.

Look up the ticker WISA and research them. Let's see how this news affects this ST stock in the coming weeks. Put it in your "watchlist".

I don't plan to get into it as I have others I'm waiting to hit in the next 1-2 weeks. But if were looking for a "play" to investigate further....this would be one I would be looking at!

This is the one I am talking about. "WISA"

I'm not in it yet as I haven't seen any alerts. But it's one I will be watching.

Cotton Bill to Support Semiconductor Manufacturing in U.S

https://www.cotton.senate.gov/?p=press_release&id=1391

Originally Posted by Jordan's World

Would you consider the technical analysis, i.e. MA, RSI, bullish chart signs, etc.. to be beneficial even for large cap stocks where one would want to hold for a long time?

Yeah, obviously..."buy low, sell high" is still the goal regardless of how long you plan on holding for. No point in purchasing shares at a peak and/or when overbought. There will always be a "Good / Better / Best" time to buy any particular stock. No, I'm not talking about market timing/buying at absolute bottom, but rather, putting the odds in your favor to catch a larger percentage of the meat in that curve.

Originally Posted by Jordan's World

I read things about P/E, D/E, balance sheets, income statements all being key and wonder if these are variables that should be considered for all investment approaches or specifically the larger cap stocks?

Sure...you're describing the difference between Technical analysis and Fundamental investing. In your case, given the goals you've set forth, it sounds like owning individual stocks will end up being a disaster. Just stick with sector-based ETFs, etc. and you'll likely be much better off in the long run.