Boiler Room: The Official Stock Market Discussion

[BreezyH]

All the solars look like crap. I actually got to short enph and FSLR on the 18th and the SEDG news came out a day or two later. ENPH was a gift from the heavens. Right now there’s no use buying it. even if it were able to climb back to 130s, it’s just get sold off again

we’re slightly richer fellas

 

[theworldismine13]

All right. It's based on the volume. If you look at the outstanding shares, which is updated at least monthly, and you watch how many shares are traded during the month you can kind of get a clue on when a drop is about to happen. Going to have to use some math to keep track. When a stock is running out of shares to be traded the pressure on the price is less. People are holding, less shares available means sell. Drop is imminent.

And in the case of Meta, that's probably what was going on. Seems to happen a lot leading up to earnings calls or whatever.

Sometimes it could be the news though.

How do you find the outstanding shares? What are outstanding shares?

 

[Chrishaune]

How do you find the outstanding shares? What are outstanding shares?

how to find outstanding shares - Google Search


I use the program called Scanz, but that's not the only thing I use it for. I have parameters set up to find the stocks I'm interested in daily. You might be able to find it somewhere in the information that your broker provides also. The Google search I posted mentioned you can calculate it as well with other information. You also want to take a look at the float. Which is the number of shares available in the open market.

Edit: The term outstanding shares refers to a company's stock currently held by all its shareholders. Outstanding shares include share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. These shares appear on a company's balance sheet under Capital Stock.

 

[chineebai]

personally i would hedge with some in the money covered calls over the weekend jmo.

 

[El_Mero_Mero]

I own shares in Fiverr. They are Isreal-based for those that don't know. Times are rough currently. Them being Jewish though, that also means they have that long money, and should be okay for the long term, no?

 

[BreezyH]

I own shares in Fiverr. They are Isreal-based for those that don't know. Times are rough currently. Them being Jewish though, that also means they have that long money, and should be okay for the long term, no?

it's been an awful stock for 2+ years so prob not without some new innovation

 

[Rickdogg44]

personally i would hedge with some in the money covered calls over the weekend jmo.

This is an underrated strategy. Esp on dividend stocks. with long DTE expiration

 

[Serious]

 

[BlaxOps]

TOP STOCKS TO WATCH FOR THE WEEK OF OCT 30,2023

 

[Sugarbush]

SOFI

 

[chineebai]

Tsla testing 193 at least imo.

close...

 

[Mirin4rmfar]

SOFI

Lol tanks after earnings, classic Sofi . Hope management keeps executing.

 

[Sugarbush]

Lol tanks after earnings, classic Sofi . Hope management keeps executing.

 

[winb83]

Lol tanks after earnings, classic Sofi . Hope management keeps executing.

Until SoFi turns a profit there's nothing that's gonna happen with it. Once it starts on a profit it will likely go to the moon.

 

[chineebai]

nvda should test that hugeeee gap at 370 in the coming weeks. jmo.