Boiler Room: The Official Stock Market Discussion

[jdubnyce]

I sold at 9 and change. Only lost over 63%



Im never looking at those fags again.

 

[Max B]

I sold at 9 and change. Only lost over 63%



Im never looking at those fags again.

 

[GunRanger]

just did the mat, it's actually a little over 65% :grumpydog:

 

[Domingo Halliburton]

LNKD

 

[88m3]

Smirking Shkreli refuses lawmakers' questions, calls them 'imbeciles'

feds are going to throw away the key on this guy

 

[88m3]

NYSE's fight with trading startup IEX heats up over 'un-American' jab

lulz

 

[Domingo Halliburton]

Banks rolling over...may get uglier than it already is.

 

[Domingo Halliburton]

Smirking Shkreli refuses lawmakers' questions, calls them 'imbeciles'

feds are going to throw away the key on this guy

I enjoyed that. I hate congress bloviating up there like that just to look good in front of their constituents. Did it ever occur to them they regulate the pharma industry? They're the ones who allow someone like Martin to exist. Plus martin isn't even close to being the real problem. No one even uses that drug or there would be a generic.

 

[Domingo Halliburton]

Damn, how much more can LinkedIn sell off?

 

[Domingo Halliburton]

Still holding 400 shares of TRXC. Up over 40% in about a week and a half of holding it. Wish i had bought more. May sell today....."pigs get slaughtered" and all that.

 

[Donald J Trump]

Still holding 400 shares of TRXC. Up over 40% in about a week and a half of holding it. Wish i had bought more. May sell today....."pigs get slaughtered" and all that.

what made you buy it?

 

[88m3]

Andy Borowitz
3 hrs ·
Unemployment is now below five percent, but the real number is actually much higher if you hate Obama.

 

[Domingo Halliburton]

what made you buy it?

Rumors coming out that it has a medical device that can compete with Intuitive Surgical's Da Vinci system and it was going to get approval from the FDA on the device soon. Then rumors started floating about Johnson & Johnson buying them. I still don't know the timing on this FDA decision though.

I like these biotech/ pharma names because of the huge moves they can make on FDA approvals or rejections of new drugs, systems, etc.

Very risky though. You get an FDA rejection of a drug you're looking at 50%+ downside. With approvals you can see the stock double or triple.

The better strategy is to probably straddle stocks like this with options to cut down on the risk. But this stock was so thinly traded previously the spreads were ridiculous.

A lot of these companies fail. This guy Martin Shkreli who's in the news made his name shorting these types of companies because so many fail.

 

[Donald J Trump]

Rumors coming out that it has a medical device that can compete with Intuitive Surgical's Da Vinci system and it was going to get approval from the FDA on the device soon. Then rumors started floating about Johnson & Johnson buying them. I still don't know the timing on this FDA decision though.

I like these biotech/ pharma names because of the huge moves they can make on FDA approvals or rejections of new drugs, systems, etc.

Very risky though. You get an FDA rejection of a drug you're looking at 50%+ downside. With approvals you can see the stock double or triple.

The better strategy is to probably straddle stocks like this with options to cut down on the risk. But this stock was so thinly traded previously the spreads were ridiculous.

A lot of these companies fail. This guy Martin Shkreli who's in the news made his name shorting these types of companies because so many fail.

Buy the rumor, sell the news


i'd sell that shyt before the weekend....i done seen a lot of shyt

 

[Domingo Halliburton]

This is about the third time I've said in this thread I was thinking about selling TRXC as well but I keep holding. Probably because I don't have a ton of money tied up into it.