Boiler Room: The Official Stock Market Discussion

Tug life

I stay fly like a guillemot
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I currently don't hold more than 4 positions partly because I've been waiting a major sell off to occur. Now is the time I'll buy more of my long term shares for cheap, stockpile cash, and wait to buy companies I've been looking at on my watchlist that have previously been at prices to high.

I'll hedge against the bear market with TVIX, if recession fears keep up TVIX will hit $80 in a couple of months and $100+ by December, but that's only if we keep selling off and enter a bear market. I'll then sell tvix and use profits to build my portfolio and ride the market back up. Wash rinse repeat. I know I can't time the market but I know I found a strategy that works for me to maximize my profits.
 
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Got me some JC Penny (JCP)....hopefully that stock starts to turn around & go up....and hopefully they dont do a reverse split...:wow:
 
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:yeshrug:Seen it up for grabs at $0.57 - $0.73 per share...:manny:

Had some shares in the (TA) Travel Centers of America stock, the price jumped from $3.60 to $17 but they did a reverse split and took back some of their shares, so i only have 10 instead of 50..bought them around $3.40 -$3.60
 
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Snoopy Loops

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What type of info are you looking for?

For general investing knowledge I'd check out investopedia.com

More like inside scoops, following the market, buy, sell suggestions. Investopedia is more like investing terminology and mechanics, which I’m mildly privy to
 
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What info caused you to do this? JC Penny is pretty much a goner. The fact that they need to do a reverse stock split to remain listed says a lot.

instincts and gut feelin probaly told me to do it,since it is goin for pennys on the dollar, i had to go and scoop some of that jcp up......:dame:.....i just have to keep a close eye on it...

even if it was walmart, target, or exonmobile and they were declining, and there stock was goin for pennys, id problay buy them up, alittle bit at a time....
 
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N.J.stan

RIP Mac Miller
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Bought a couple SPY 285 puts end of day. Hoping cheeto tweets some dumb shyt over the weekend and we open up red on Monday :mjlit:
 
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