Boiler Room: The Official Stock Market Discussion

Macallik86

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Hopped in NWBO this AM and it looks like it might be able to get to $1.60 potentially...

Disclaimer: This is pure conjecture and there's definitely a chance I'm wrong.
 

El_Mero_Mero

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Random question:

I still own a stock that has gone bankrupt. The app even says I can sell my position, but I am no longer allowed to buy any shares. My current value there is $38. I lost $1,071 on the stock.

The stock was ASNA, but now the ticker shows up as ASNAQ. If I leave that in there for another 1 year? 2 years? 5 years? is there any chance that I'll ever be able to break even, or is it the kind of thing where the longer I leave it in there I'll just watch it eventually wither down to $0.00. What experience do you guys have with these situations?

P.S.-I now set "stop-losses" so I'm not going to suffer any huge losses like that on companies that I don't actually believe in.
 

FreshFromATL

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Damn the NASDAQ is almost flying too much :russ: this is a crazy run it's up near all time highs again :whew:

Just be ready for pullbacks, don't sweat it.. but if you ever wanted to lock in some gains this is a good week to do it.

When you think the pullback may happen? :patrice:

We're currently at a 59 on the Fear and Greed index which is inching up there. I just made some unexpected bands, may as well lock them in.
 
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When you think the pullback may happen? :patrice:

We're currently at a 59 on the Fear and Greed index which is inching up there. I just made some unexpected bands, may as well lock them in.

IDK breh this is an insane run. It's hard to say whether it's pricing in the stimulus in full or not. I mean it looks likely to be done sooner than later. I'd say however that if there is any news of a holdup then some will begin to take their gains again.

shyt.. I might take some gains right now too but I like some of these companies I'm in to keep running. Watch the stimulus news..
 
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FAANG is absolutely flying again. Apple got the new supercycle coming up we discussed that weeks ago. Amazon is going to print money with Prime Day and shyt. FB and MSFT are along for the ride.

I bet all their earnings are likely to crush. Rich get richer. I wouldn't buy at these prices but if you are already in like most of us are it's a great day.
 
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My M1s look like this today

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