Boiler Room: The Official Stock Market Discussion

[88m3]

Dragged the whole healthcare sector down.

Did you catch if a year was mentioned when they stopped the practice?

I understand the coverup but I don't understand how it happened in the first place.

 

[☑︎#VoteDemocrat]

Anyone messing w/ any Biotech stocks?

Isn’t there a site that lets you review gov filings for companies waiting research stage updates?

 

[KING WILL]

Isn’t there a site that lets you review gov filings for companies waiting research stage updates?

Yea, very useful

FDA Calendar of Biotech Stock Catalysts • BioPharmCatalyst

Used it twice for a quick come up.

but 2 other times, I should have sold quick, but held.

You win some, you lose some.

 

[hashmander]

Dragged the whole healthcare sector down.

i bought a few calls after JNJ got rocked.

 

[hashmander]

Hold off on that for now.

Robinhood didn't give key industry watchdog a heads-up about the launch of its free checking account

Robinhood’s 3% interest checking & savings may not be properly insured

the card icon at the bottom changed to a $ and it's now called "Cash Management".

 

[mson]

the card icon at the bottom changed to a $ and it's now called "Cash Management".

Robinhood backtracks on plans to offer 'checking, savings' accounts

 

[Futuristic Eskimo]

Robinhood backtracks on plans to offer 'checking, savings' accounts

Amateurish move. 3% didn't make any sense. Did they not clear this with their investors?

 

[hashmander]

Amateurish move. 3% didn't make any sense. Did they not clear this with their investors?

the backtracking doesn't have anything to do with the interest rate on offer and has everything to do with SIPC insurance. no one is going to deposit money to sit there that's not insured by somebody.

 

[mson]

Thankfully this happened before it was rolled out. Could have been worse.

Amateurish move. 3% didn't make any sense. Did they not clear this with the SEC or SIPC?

Fixed

 

[Futuristic Eskimo]

the backtracking doesn't have anything to do with the interest rate on offer and has everything to do with SIPC insurance. no one is going to deposit money to sit there that's not insured by somebody.

Ah my bad. Should read next time. It still seems unclear how they are going to fund a 3% account with anything reletively risk less. Sounds like a stay away situation.

 

[Domingo Halliburton]

i bought a few calls after JNJ got rocked.

Good luck. That's gutsy. I would be worried this will turn out like lumber liquidators and they'll be mired in lawsuits for years to come.

 

[hashmander]

Good luck. That's gutsy. I would be worried this will turn out like lumber liquidators and they'll be mired in lawsuits for years to come.

it wasn't really that risky though, just 5 contracts with a $147 strike price expiring 2/1/19, the limit price i paid was $0.90, so a total of $450. the limit price went up $1.11 before market close, so the market value is $555 right now. i feel like worse case is I lose half the $450. i just felt like the headline sent people in a panic and even if JNJ has to pay out it won't be much compared to how much they have.

 

[Perfectson]

it wasn't really that risky though, just 5 contracts with a $147 strike price expiring 2/1/19, the limit price i paid was $0.90, so a total of $450. the limit price went up $1.11 before market close, so the market value is $555 right now. i feel like worse case is I lose half the $450. i just felt like the headline sent people in a panic and even if JNJ has to pay out it won't be much compared to how much they have.

The whole market is in a bear correction , JNJ hasn't been hit as much but it's inevitable imo. But you might be right,

 

[Berniewood Hogan]

 

[hashmander]

the end of that chart.