Boiler Room: The Official Stock Market Discussion

[GoPro]

Be careful. Biotech stocks can be some of the most unstable companies to invest. One FDA rejection could send the stock price tumbling. Be very careful and do your own due dilligence.

I'm willing to lose around half before I pull out, and plan to follow the FDA approval statement very closely. It's scheduled for July 15.

 

[franknitty711]

I know @Shugg Ross took the L of his life on BRND. They diluted it this week and its down to 0.0003.

Pennies are for suckers...unless you are the one at the table who knows everyones' cards without seeing them.

I still agree with his assessment on WYY. Its a great long term stock that will do well.

 

[Donald J Trump]

 

[无名的]

Watching SCOK

Has been beaten down lately into the 80s. Spiked back up towards a buck recently. Average trading volume a pitiful 17k shares a day. There were 1.5 million traded today. Hit a high of $1.50 and closed at $1.24.

Interesting to see what happens tomorrow.

They reported news about construction on a facility to produce synthetic gas with production starting Q4 and supposedly getting them 40 to 50% more than any other current product.

Stock was 30 some bucks a few years ago.

Buy overvalued Chinese stocks, brehs.

 

[7oclock]

Be careful. Biotech stocks can be some of the most unstable companies to invest. One FDA rejection could send the stock price tumbling. Be very careful and do your own due dilligence.

MNKED is so 2007 - they've been thrawted at every step of the way, doubt it will get passed this time around.

 

[7oclock]

puts on CVS - 11 straight days of going up, time for it to hit that ceiling.

 

[Ohene]

puts on CVS - 11 straight days of going up, time for it to hit that ceiling.

i dunno breh. I remember Qualcomm having a similar streak last year. Kept going though. When do they expire cause low volatilty is a muthafukka

 

[7oclock]

i dunno breh. I remember Qualcomm having a similar streak last year. Kept going though. When do they expire cause low volatilty is a muthafukka

which makes the puts even better - got em on the low low

 

[Ohene]

which makes the puts even better - got em on the low low

11 straight days tho...we talkin bout cvs caremark?

 

[7oclock]

11 straight days tho...we talkin bout cvs caremark?

my bad, CVX

 

[Ohene]

my bad, CVX

that makes sense
wish i had some free cash to play with might have to do a transfre tmw fuggit

 

[Futuristic Eskimo]

my bad, CVX

Doing this strictly on technicals or are you thinking oil is going to fall? I wouldn't bet against energy right now.

 

[7oclock]

Doing this strictly on technicals or are you thinking oil is going to fall? I wouldn't bet against energy right now.

CVX just has had an extended run and I'm looking for profit taking - this is where rookies make mistakes, lot of money made and unless the macro economy drives oil up, I do expect a good $2-$3 drop over the next month.

 

[Futuristic Eskimo]

CVX just has had an extended run and I'm looking for profit taking - this is where rookies make mistakes, lot of money made and unless the macro economy drives oil up, I do expect a good $2-$3 drop over the next month.

This can easily happen over the next month though. Long term, I expect a drop in oil prices but who knows whats going to happen right now. The situation is shaky and almost entirely dependent on breaking news out of the middle east.

 

[7oclock]

This can easily happen over the next month though. Long term, I expect a drop in oil prices but who knows whats going to happen right now. The situation is shaky and almost entirely dependent on breaking news out of the middle east.

this is true - I feel confident in this trade, but didn't go crazy with it. If it doesn't drop, I will get out without too much of a loss in 2 weeks.