Boiler Room: The Official Stock Market Discussion

[Deafheaven]

I'm looking to trim my Store Capital position and roll that over into SoFi. Would give me a $6K position in it and make it my 3rd largest holding under Apple and Facebook. I might wait till after the merger completes even if it's at a further premium because if that doesn't happen ill lose half right away.

What do you mean lose half right away?

 

[NatiboyB]

$RLLVF is another penny stock for those willing to take the risk.

now at $0.0293 with 202 million outstanding shares, so it'll likely do a 2-1, 3-1 or 4-1 reverse stock split in the future.

the company is in the process of having it's financials audited so it can report it. they're in the business of PPE and CBD



https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00033862

Download SEDAR Filings - Code Verification and Accept Terms of Use

snippet:



Relevium Issues Corporate Update on MCTO and Filing of Financial Statements - Relevium Technologies Inc.

waiting to see how the stock performs after earnings report. I have 10k shares.

so cannibus and PPE. I'm looking at it right now but what is the catalyst or do you think this is just a gamble to sit on just in case it does do something?

 

[CBalla]

bought some bb and gme to scalp monday, yolo

 

[winb83]

bought some bb and gme to scalp monday, yolo

There is no Monday. Sorry to break it to you.

 

[bnew]

so cannibus and PPE. I'm looking at it right now but what is the catalyst or do you think this is just a gamble to sit on just in case it does do something?

it's a gamble. they announced one specific contract that'll pay them $20 million dollars(in escrow) upon delivery and later mentioned having several other contracts(likely smaller orders). BGX E-Health is their U.S subsidiary located in florida. If florida ends up legalizing marijuana in 2021 cause of a looming budget deficit then they could pivot to that market too.

 

[CBalla]

There is no Monday. Sorry to break it to you.

tuesday

 

[winb83]

He right some of these positions people are getting in are total BS and they've become fearless due to the market climbing for so long. This isn't sustainable.

 

[chineebai]

Is there a discord here?

 

[ahomeplateslugger]

He right some of these positions people are getting in are total BS and they've become fearless due to the market climbing for so long. This isn't sustainable.

the bankrupt and speculative plays have a nice risk to reward ratio. just gotta manage your risk level.

i think the fed backstopping everything helps too. at this point it doesn't hurt to throw some money into a speculative stock. you throw $100 into a stock that goes from $2 to $15 and you're up big vs it drops to $1 or less and you lose about half of your money. it's just worth the chance.

 

[old pig]

There is no Monday. Sorry to break it to you.

damn...thanks for the reminder

 

[NatiboyB]

it's a gamble. they announced one specific contract that'll pay them $20 million dollars(in escrow) upon delivery and later mentioned having several other contracts(likely smaller orders). BGX E-Health is their U.S subsidiary located in florida. If florida ends up legalizing marijuana in 2021 cause of a looming budget deficit then they could pivot to that market too.

I tried to get it on my fidelity it told me something about I couldn't get it...I'm going to try again Tuesday. I have no issue grabbing 2000 shares....I can put it in there with XOM and BNGO. Since I'm thinking they have long term potential. My fidelity is money I can't touch until I'm old anyway. For all I know this will blow up.

 

[winb83]

the bankrupt and speculative plays have a nice risk to reward ratio. just gotta manage your risk level.

i think the fed backstopping everything helps too. at this point it doesn't hurt to throw some money into a speculative stock. you throw $100 into a stock that goes from $2 to $15 and you're up big vs it drops to $1 or less and you lose about half of your money. it's just worth the chance.

I took that $3K and put it in that WSB meme stock but the majority of my portfolio is in stocks I feel are stable. 66% of my holdings are Apple, Tesla, Facebook, Abbvie, Microsoft, JP Morgan Chase, Walgreens Boots, and Disney. The rest is in growth stocks Like Uber, SoFi, TTCF, and Planet 13.

 

[bnew]

I tried to get it on my fidelity it told me something about I couldn't get it...I'm going to try again Tuesday. I have no issue grabbing 2000 shares....I can put it in there with XOM and BNGO. Since I'm thinking they have long term potential. My fidelity is money I can't touch until I'm old anyway. For all I know this will blow up.

look for "relevium" and see which of their tickers appear.

 

[bnew]

Is there a discord here?

yeah but they gatekeeping

 

[NatiboyB]

look for "relevium" and see which of their tickers appear.

it's def there I saw it. I just added it to the watch list. Not sure why it was saying I couldn't get it something about stocks must be shown on Nasdaq.