Boiler Room: The Official Stock Market Discussion

franknitty711

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Bought 250k shares LATF last week at .0036 ... shyt ripped today... closed at .0088

Also bought 5k shares HEMP at .26, hoping I can do a quick flip around .40 next week or whatever

OTC pot stocks have been on fire

Thats a nice flip. Shook Ross recommended FSPM and I missed the boat. What are the good weed stocks besides the aforementioned?
 

Ohene

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TWTR will fall back down eventually. Just a matter of when. I'm not even going to say its overvalued because even though when compared to established/similar companies like Yahoo, AOL, Baidu and Google it doesnt make sense I dont know how Wall Street values these new social media/website stocks.

I guess the big idea is that if FB managed to increase revenues by 800-1000% in 4,5 years that these other companies are capable as well. But meh....it's gotta go back down eventually before it accelerates again. Options are expensive as a muhh though. Wouldn't touch them puts except for:

January 18 Expiry (Not a good time to get em though)
Strike - Bid - Open Interest
65 - 2.90 - 904 (with about 5000 in volume today)

March Expiry
Strike - Bid - Open Interest
55 - 3.70 - 1762

June Expiry
Strike - Bid - Open Interest
50.00-4.90-19184

This shyt just looks like a set up for Wall street to grab money. Even looking at the volume on the option chain right now. Next earnings release will probably be manipulated to = bad news and the jawn will drop 25%
:obama:

All three of these woulda made serious bank ...the January one if sold at the right time
 

7oclock

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Fixed :sims:


Vote is tomorrow. based on the deal with CANX, I don't see how this can move upwards in the short term - definitely will wait either until it hits $0.70 or if there's a drop tomorrow (back to the teens).
 

Donald J Trump

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Vote is tomorrow. based on the deal with CANX, I don't see how this can move upwards in the short term - definitely will wait either until it hits $0.70 or if there's a drop tomorrow (back to the teens).
How soon will we know the results tho :ohhh:
 

franknitty711

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I have 10k shares of PHOT. There is a large commission (70.00) to sell the shares. Should i dump anyway?
 

franknitty711

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They charge that because the share prices is below a dollar. They charge 6.95 for regular trades but I think these OTC are an exception.
 

franknitty711

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They charge that because the share prices is below a dollar. They charge 6.95 for regular trades but I think these OTC are an exception.
 

Big Jo

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ScottTrade charges extras for OTCs too. It's $7 + a percentage, I forget how much

Probably still better than Sharebuilder but it's not a flat 7 bucks I'll tell you that
 
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