Boiler Room: The Official Stock Market Discussion
Controversy
Superstar
Now might be a good time to jump back into $FUV
I got in at $6.76 in August, sold for $13.50 less than 2 wks later. It hit a 52 wk high of $36.80, and is ripe for the picking at $19 now.
I got in at $6.76 in August, sold for $13.50 less than 2 wks later. It hit a 52 wk high of $36.80, and is ripe for the picking at $19 now.
Theo Penn
on that Earl Stevens wine
Can anyone tell me if it’s possible to use stop losses on OTC stocks on Fidelity? I’ve done it on TD Ameritrade, but I recently got with Fidelity. I get a message that states that type of trade isn’t available for OTC securities. WTF?
This doesn't surprise me. Don't the winklevoss twins own like 10% of all in circulation
According to PGIR 5 people own 90% of bitcoin and they can pull the rug at any moment
1,000 People Own 40% of the Bitcoin Market
Chrishaune
Veteran
I was going to do so, but waiting for it to bottom.Might buy some CHPT
dora_da_destroyer
Master Baker
It was oversold, should be a 30-40 stock + Cramer co-signed it yesterday
Chrishaune
Veteran
BIOX
another short candidate
another short candidate
30 bucks a share puts it at 50B market cap, same as Ford. 40 puts it at 65B as almost a top 100 US company yet they have barely sold a thousand vehicles. Am I crazy to think they are way overvalued ?
I don't wanna be seen as a hater/bear or anything but that market valuation doesn't make sense to me
You only short stocks that get pnd'd or you try some shorts on longer time frames at times ?
dora_da_destroyer
Master Baker
You pay a premium for growth companies, especially those people believe in.30 bucks a share puts it at 50B market cap, same as Ford. 40 puts it at 65B as almost a top 100 US company yet they have barely sold a thousand vehicles. Am I crazy to think they are way overvalued ?
I don't wanna be seen as a hater/bear or anything that market valuation doesn't make sense to me
Chrishaune
Veteran
The volatility helps you get out quicker. Find something that doubled it's value or more and try and get in near the top end.
The next day or two could cut that back down in half or more. Especially in a bear market.
Try not to use more than 1/3 or 1/4 of whatever you have in your account, because you want to give yourself room just in case you guessed wrong and it continues to go up a little bit. Try to avoid margin calls unless you have the money somewhere free to cover it.
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