Boiler Room: The Official Stock Market Discussion

[Ohene]

CSLT must be the worst IPO in history. Funny thing is that they actually have a great product...they just IPOed too early and Wall Street was able to fleece investors on the potential I guess. Bet it was GS running it too.

If it by the grace of the holy trinity hits $5 a share I'm in HEAVY. That's the absolute bottom to me. But I might head in earlier and swallow the downside risk for the potential upside.

edit: damn...was 7.29 when i wrote that but its hit 6.60 since. might hit 5 sooner than I think.

 

[Ohene]

@Swagaveli did you heed? for what its worth i think itll head back down soon. We'll see next week. If it can convincingly head to 211....I'm waiting for a dip and buying.

If It cant head past 210 (i dont think it will convincingly)....puts on deck. March 20 $208 Puts on my watchlist for next week

need the SPY to hit 211 tomorrow . ideally not holding these calls over the wknd.

then I expect it will head back down but if it doesnt were back in bull mode IMO

 

[Swagaveli]

Been riding this DWTI train from 94 again, sold half at 113 and let's see what my nikkas over at EIA got to say here

 

[Ohene]

Been riding this DWTI train from 94 again, sold half at 113 and let's see what my nikkas over at EIA got to say here

 

[Swagaveli]

Lol what you mean breh? The fake oil rip due to false sense of comfort in the market, or the trade itself?

 

[Futuristic Eskimo]

Thinking about buying some USO October puts. possibly at a strike of 17. Waiting on this money to clear

 

[Ohene]

Lol what you mean breh? The fake oil rip due to false sense of comfort in the market, or the trade itself?

i mean that you amking good bread out here

 

[analog]

CSLT must be the worst IPO in history. Funny thing is that they actually have a great product...they just IPOed too early and Wall Street was able to fleece investors on the potential I guess. Bet it was GS running it too.

If it by the grace of the holy trinity hits $5 a share I'm in HEAVY. That's the absolute bottom to me. But I might head in earlier and swallow the downside risk for the potential upside.

edit: damn...was 7.29 when i wrote that but its hit 6.60 since. might hit 5 sooner than I think.

Currently just contributing to VFV/MAW150 on a monthly basis but got an appetite for something more risky. May hop on this one with you breh

 

[无名的]

CSLT must be the worst IPO in history. Funny thing is that they actually have a great product...they just IPOed too early and Wall Street was able to fleece investors on the potential I guess. Bet it was GS running it too.

If it by the grace of the holy trinity hits $5 a share I'm in HEAVY. That's the absolute bottom to me. But I might head in earlier and swallow the downside risk for the potential upside.

edit: damn...was 7.29 when i wrote that but its hit 6.60 since. might hit 5 sooner than I think.

Can't believe how badly people were fleeced when this came to market.

I bought in thinking it was bottoming in the mid $8s and didn't want to miss what will be a big price recovery if there's ever good news...

Luckily I had those $10 puts, so just reducing my cost basis for now

 

[Swagaveli]

i mean that you amking good bread out here

why thank you, my good breh. fukked off a lot of gwap on SPY puts though, so just breakeven here now

 

[Ohene]

Can't believe how badly people were fleeced when this came to market.

I bought in thinking it was bottoming in the mid $8s and didn't want to miss what will be a big price recovery if there's ever good news...

Luckily I had those $10 puts, so just reducing my cost basis for now

nice hedging. I felt the same way about not wanting to miss a big price recovery. Luckily i had more important things to handle (student debts, saving up) or else I mayve gambled as well around 10 a share.way back, The chart tells me the lowest it can go is $4.50-5 though but I dont know if it can go that far down. shyt will have to seriously go left.

A big price recovery seems imminent to me. Just a matter of when and why. All it takes is one mega quarter where they come out with a new product or land some serious contracts and a short squeeze could send it flying. Because given the cash and assets it has > liabilities...it can fall much further.

My problem is that given the amount of customers they have, how much revenue they make thus far. There has to be more growth potential not from a customer standpoint but product wise

 

[Ohene]

why thank you, my good breh. fukked off a lot of gwap on SPY puts though, so just breakeven here now

im in a spy gamble myself right now betting itll go to 211 . Hopefully it does sooner or later it was looking good before 10 mins ago lol

 

[Domingo Halliburton]

OIS's are pricing in an 80% chance of rate cut on March 4 in Canada. @Asantehene

 

[Ohene]

Currently just contributing to VFV/MAW150 on a monthly basis but got an appetite for something more risky. May hop on this one with you breh

 

[Ohene]

OIS's are pricing in an 80% chance of rate cut on March 4 in Canada. @Asantehene

i couldve sworn the govt cut rates maybe a month ago. Gonna hold on to my RY shares