Boiler Room: The Official Stock Market Discussion

[NatiboyB]

I took a gamble on date biosciences due to them receiving fda approval on some type of bacterial vaginosis

 

[mr. smoke weed]

Got 5 ATER calls 5c 12/17 for .29 sold all but one for .96

Wish calls goin up tll

 

[the cac mamba]

my FSELX semiconductor fund

turned 42k into 60 in like 3 months best investment i ever made

 

[mr. smoke weed]

Lmao cathie.main investment is TSLA.....has been for a hot minute.....shytload of U and rblx. She did invest in stuff like SURF which has lost a lot, but is a long term play....relax

 

[Chrishaune]

AUUD


@K-Deini


There's a chance this one could go today

low float, low # of shares shorted.


If the volume keeps going up.


edit: Doesn't look like it.

 

[Chrishaune]

@K-Deini


LEXX


Same as before

see if the volume is consistent.

 

[Gilly]

Don't matter to me

today im looking at

12/17 MU 90c (84.88 stop loss)
12/17 BYND 77c (70.27 stop loss)

 

[choc_cardigan]

AUUD


@K-Deini


There's a chance this one could go today

low float, low # of shares shorted.


If the volume keeps going up.


edit: Doesn't look like it.

So we want stocks with low floats, and low # of shares shorted. I definitely understand about volume. And you're tracking all this with SCANZ right?

 

[Chrishaune]

So we want stocks with low floats, and low # of shares shorted. I definitely understand about volume. And you're tracking all this with SCANZ right?

Yeah, better chance with those, but you combine that with really good news, and it depends on what's trending that day. Sometimes good news doesn't get the job done.

The volume tells you what people are buying that day. But it has to be consistent, and above whatever the float number is.

Plus you're looking for something that hasn't had a recent sell off. Bagholders waiting to sell when it comes back up.

 

[Chrishaune]

EFOI

saw this one, but don't know how much COVID news is going to go at this point in the game.


edit: and it looks like this is the one they chose this morning

volume way above the float.

 

[Rickdogg44]

So we want stocks with low floats, and low # of shares shorted. I definitely understand about volume. And you're tracking all this with SCANZ right?

Yeah, better chance with those, but you combine that with really good news, and it depends on what's trending that day. Sometimes good news doesn't get the job done.

The volume tells you what people are buying that day. But it has to be consistent, and above whatever the float number is.

Plus you're looking for something that hasn't had a recent sell off. Bagholders waiting to sell when it comes back up.

I thought having a high short interest would cause it to go up more/faster?

 

[Rickdogg44]

Lowkey

IBM and HPE seem to have turned the corner

I know thse are old school boomer

 

[Chrishaune]

I thought having a high short interest would cause it to go up more/faster?

Nah, it's about the demand.

high demand and a low number of free shares will make anything go up. But to get the real runs it has to be a consistent demand. That's going to be the main thing you're looking for, if the demand is going to be there. That's why news can be important.

Low short means there's not too many shares shorted so there won't be people or institutions fighting the price going up.

If it is highly shorted then you have people and probably institutions that don't want to see the price go up and will fight it. That's when you start seeing fast up and down price action, halts, and stuff like that trying to scare people away.

 

[Gilly]

today im looking at

12/17 MU 90c (84.88 stop loss)
12/17 BYND 77c (70.27 stop loss)

BYND AT ABOUT 35% RN
MU CHILLING AT THE MOMENT

 

[Saysumthinfunnymike]

Lmaoo these 3 day old Leaps.

@humminbird @Rickdogg44

DKNG/SoFi/Ford etc..