Mdawgs Investments
August 13th, 2020 at 9:10:50 AM
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Quote: MDawgCYDY. Darkoz: I really sincerely hope that you make it. I like to see people succeed in the stock market. Just realize that for every penny that makes it hundreds go to zero.
Thanks
I have spent hundreds of man hours doing research on Cytodyn and Leronlimab.
It was about three weeks before I made my first investment.
My decision is based on the science facts I see.
But while I would hate to be wrong it won't cripple me financially if it does turn into a loss
For Whom the bus tolls; The bus tolls for thee
August 13th, 2020 at 9:26:42 AM
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MD, darkOz.... both of you can be 'right' at the same time. My brother in law does what MDawg does and has been making a good buck during these volatile times. DarkOz has done his research, and has made a determination that he has a company with a product that he thinks will be a big seller. Dark is either going to hit a home run, or strike out with the bases loaded. MD already has hit a couple dozen singles in a row. The only thing MD has to worry about is buying a stock that has been trading around $1000 an the day before some bad news comes out and it is $500.
True story..... When i first had a brokerage account, maybe 30 years ago.... stocks traded in fractions... usually eighths.... lower value stocks.... traded in sixteenths.....
B in Law traded a stock... Sunshine Mining..... it was a 13/16 stock most days.... occasionally went down to 3/4, occasionally up to 7/8. He would buy at 3/4, sell at 7/8, rinse and repeat. After commission that was a 15% profit each time. I said I would try to mimic him.... got in at 3/4.... BAD NEWS came out..... dropped to as low as 7/16..... I feel like an idiot..... Sooo... waited..... it went up to 1!!! I sold.... made a few hundred.... It went up to 3 before I stopped paying attention.... I proved to myself I didn't have the stomach to 'trade' stocks. Just bought and held for the next 25 years.... Now have traded A LITTLE last few years....
True story..... When i first had a brokerage account, maybe 30 years ago.... stocks traded in fractions... usually eighths.... lower value stocks.... traded in sixteenths.....
B in Law traded a stock... Sunshine Mining..... it was a 13/16 stock most days.... occasionally went down to 3/4, occasionally up to 7/8. He would buy at 3/4, sell at 7/8, rinse and repeat. After commission that was a 15% profit each time. I said I would try to mimic him.... got in at 3/4.... BAD NEWS came out..... dropped to as low as 7/16..... I feel like an idiot..... Sooo... waited..... it went up to 1!!! I sold.... made a few hundred.... It went up to 3 before I stopped paying attention.... I proved to myself I didn't have the stomach to 'trade' stocks. Just bought and held for the next 25 years.... Now have traded A LITTLE last few years....
August 13th, 2020 at 10:19:58 AM
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One thing is for sure, today MDawg and Soopoo are either damn lucky or damn good. I got pretty much the low (1568) for some trading shares of TSLA, and Soopoo sold some TSLA at pretty much the high 1650. It is possible to get the bottom and the low sometimes.
Now, tomorrow's another day and my target on TSLA remains 2000, so probably, if we continue to be lucky, both he and I sold too soon today.
He and I retain many shares though so we're still here for the future of TSLA!
As far as cost averaging, it may lead to some painful holds at a loss...by the very end of 2018, I was holding a ridiculous amount of AMZN at just under a 7 figure loss. And these were not my long term shares they were shares bot over three chunks, three bites @ 1000 sh each, intended for a quick day trade that ended up having to be held some three months before they came back to green. But come back they did, and then I sold the trading shares for a relatively small profit, but a good profit nonetheless compared to a huge loss. And meanwhile long terms shares of the same stocks keep marching up the account value.
The scenario reminded me of Gilligan's Island...what was intended to be a three hour (or really, three minute) tour ("trade") ended up being held for three months. No matter what though, if I get stuck in a trade I just average in more shares and ride it out. Given that the stocks I trade keep hitting new ATHs regularly, losing is not in the cards.
Now, tomorrow's another day and my target on TSLA remains 2000, so probably, if we continue to be lucky, both he and I sold too soon today.
He and I retain many shares though so we're still here for the future of TSLA!
As far as cost averaging, it may lead to some painful holds at a loss...by the very end of 2018, I was holding a ridiculous amount of AMZN at just under a 7 figure loss. And these were not my long term shares they were shares bot over three chunks, three bites @ 1000 sh each, intended for a quick day trade that ended up having to be held some three months before they came back to green. But come back they did, and then I sold the trading shares for a relatively small profit, but a good profit nonetheless compared to a huge loss. And meanwhile long terms shares of the same stocks keep marching up the account value.
The scenario reminded me of Gilligan's Island...what was intended to be a three hour (or really, three minute) tour ("trade") ended up being held for three months. No matter what though, if I get stuck in a trade I just average in more shares and ride it out. Given that the stocks I trade keep hitting new ATHs regularly, losing is not in the cards.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 16th, 2020 at 9:08:37 PM
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Looking good Billy Ray!
for tomorrow.
I guess I like it fine...so far.
for tomorrow.
I guess I like it fine...so far.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 16th, 2020 at 9:23:30 PM
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I remember the “dot.com” bubble when many tech stocks did exactly that. Until they stopped doing that. Many of those hyped-up companies no longer existQuote: MDawgFor whatever reason, when a stock splits it has a tendency to go eventually right back to the numeric value it had before.
It’s sort of like saying “when I’m having a lucky streak at the craps table, it usually continues for a while longer”
Trees don’t grow into the sky
It’s all about making that GTA
August 17th, 2020 at 6:25:16 AM
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Real quick, the bell is about to ring.
You might be referring to reverse splits - for example a highly manipulated stock DRYS (since gone private) once tried to pull a reverse split to raise its price high enough to stay listed in the Nasdaq, and people weren't going for it.
I'm not very old, but I can't remember a single example of a regular split that failed to jump the stock up. A split is done after a runup on the stock price which belies the notion that a split would drop its price.
As far as the dot com stocks going back down, that had nothing to do with their splitting or not splitting - and if you're talking about stocks like AMZN which split a couple times near the beginning of its existence, YES, AMZN plummeted from around 200 in December 1999, to about 5 dollars at some point, but it's pushing 3200 now - an over 600 bagger from its low.
You might be referring to reverse splits - for example a highly manipulated stock DRYS (since gone private) once tried to pull a reverse split to raise its price high enough to stay listed in the Nasdaq, and people weren't going for it.
I'm not very old, but I can't remember a single example of a regular split that failed to jump the stock up. A split is done after a runup on the stock price which belies the notion that a split would drop its price.
As far as the dot com stocks going back down, that had nothing to do with their splitting or not splitting - and if you're talking about stocks like AMZN which split a couple times near the beginning of its existence, YES, AMZN plummeted from around 200 in December 1999, to about 5 dollars at some point, but it's pushing 3200 now - an over 600 bagger from its low.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 17th, 2020 at 7:02:56 AM
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Soopoo you sold some of your TSLA at 1650? Look at it now. Pushing 1800 again.
If you want a short term target for today: 1757
If you want a short term target for today: 1757
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 17th, 2020 at 3:13:17 PM
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TSLA today...to the moon!
CYDY. Not so much.
Hey, it did go up two cents in the A.H. though. 😝
CYDY. Not so much.
Hey, it did go up two cents in the A.H. though. 😝
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 7:46:29 AM
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To be fair, MRNA is also down today. Another stock I have held on and off over the years, BIIB, is also down a few cents.
Meantime though, TSLA keeeeps onnnnn truckin'!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 9:03:18 AM
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Quote: MDawg
To be fair, MRNA is also down today. Another stock I have held on and off over the years, BIIB, is also down a few cents.
Meantime though, TSLA keeeeps onnnnn truckin'!
I'm not interested in buying Tesla..
For Whom the bus tolls; The bus tolls for thee
August 18th, 2020 at 9:31:12 AM
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Is there a particular reason for the ongoing daily CYDY bloodbath? There are blocks of ten to twenty thousand shares being dumped.
This is part of what I meant by there really is no such thing as a "short attack" - if the stock were strong and the good news outweighed the bad, it would have recovered long ago. Instead it is now lower than it ever was on the day you claim a "short attack" hurt it.
This is part of what I meant by there really is no such thing as a "short attack" - if the stock were strong and the good news outweighed the bad, it would have recovered long ago. Instead it is now lower than it ever was on the day you claim a "short attack" hurt it.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 9:41:17 AM
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Someone just dumped 65,000 shares of CYDY at 2.85
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 9:48:48 AM
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Quote: MDawgSomeone just dumped 65,000 shares of CYDY at 2.85
Why is it I am not as concerned as you?
Aren't you the one that claims to be super rich?
If I was to lose my whole investment that's three weeks income. Whoop de doo.!
But I have firm belief in the product and in fact added more shares again today (another 3000).
I'm at 15,000 shares now.
For Whom the bus tolls; The bus tolls for thee
August 18th, 2020 at 9:53:38 AM
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I won't abide any loss - not in a casino, not in the stock market, not anywhere. Maybe if winning meant more to you, you'd win more often?
Maverick didn't come to town to lose!
By the way, I don't claim anything. I definitely would never talk to anyone but my accountant at times maybe to my banks or brokerages about what my income is! and even then only to a specific end that would benefit me somehow. The others here might discuss it - I don't deny it. You're free to keep talking about all you make if you like.
Maverick didn't come to town to lose!
By the way, I don't claim anything. I definitely would never talk to anyone but my accountant at times maybe to my banks or brokerages about what my income is! and even then only to a specific end that would benefit me somehow. The others here might discuss it - I don't deny it. You're free to keep talking about all you make if you like.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 10:02:17 AM
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Quote: MDawgI won't abide any loss - not in a casino, not in the stock market, not anywhere. Maybe if winning meant more to you, you'd win more often?
Maverick didn't come to town to lose!
I'm just going to be painfully honest here.
When people wonder if I tell the truth that I win through AP I suspect they will believe me because they see I am honest when things go bad as well.
That aside, the game isn't over. Never a good idea to call a game in the 7th inning
For Whom the bus tolls; The bus tolls for thee
August 18th, 2020 at 10:05:42 AM
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Anyway, you do see how my suggestion made sense - to cost average in only after the stock really drops, not just every quarter point or so? Adding 3000 shares (versus 1000) was not a bad move given that you are committed, it probably lowered your basis enough to make it worthwhile.
But typically, the way I cost average in, is I start with the smaller block of shares, and then I cost average in at least an equal number of shares to reduce my basis by a solid 50%, or sometimes, even MORE shares to lower my average so much that a jump of even a couple points at that point will bring me back to green. I won't start with 1000 shares and average in 100 100 100 etc. I'll start with say 500, and then average in 500 or more. And if I cost average in more than two more times I'll think seriously on just leaving it alone until it comes back, I will not just keep averaging in multiple times. Now, the stocks I trade tend to go up over time and hit new ATHs (all time highs) regularly, so there is not much risk - at worst I get stuck until the next round when the stock goes insanely up again.
So: Given that CYDY is now at 2.80 or so, I'd leave it alone unless it drops all the way to 2 would be my suggestion.
Do you have an exit strategy? Say you get your average all the way down to 3.5 or whatever. Will you dump at 4 or just wait it out hoping it really goes up?
But typically, the way I cost average in, is I start with the smaller block of shares, and then I cost average in at least an equal number of shares to reduce my basis by a solid 50%, or sometimes, even MORE shares to lower my average so much that a jump of even a couple points at that point will bring me back to green. I won't start with 1000 shares and average in 100 100 100 etc. I'll start with say 500, and then average in 500 or more. And if I cost average in more than two more times I'll think seriously on just leaving it alone until it comes back, I will not just keep averaging in multiple times. Now, the stocks I trade tend to go up over time and hit new ATHs (all time highs) regularly, so there is not much risk - at worst I get stuck until the next round when the stock goes insanely up again.
So: Given that CYDY is now at 2.80 or so, I'd leave it alone unless it drops all the way to 2 would be my suggestion.
Do you have an exit strategy? Say you get your average all the way down to 3.5 or whatever. Will you dump at 4 or just wait it out hoping it really goes up?
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 10:13:19 AM
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Quote: MDawgAnyway, you do see how my suggestion made sense - to cost average in only after the stock really drops, not just every quarter point or so? Adding 3000 shares (versus 1000) was not a bad move given that you are committed, it probably lowered your basis enough to make it worthwhile.
Given that CYDY is now at 2.80 or so, I'd leave it alone unless it drops all the way to 2 would be my suggestion.
Do you have an exit strategy? Say you get your average all the way down to 3.5 or whatever. Will you dump at 4 or just wait it out hoping it really goes up?
I invested because I believe in the science. Not to make a buck next week.
My strategy is to wait until clinical trials determine if FDA approved the drug, then ride into profits (or take the loss if drug fails).
As of this moment nothing about the science has changed
If the price rocketed to $25 and we still didn't have final FDA trial results I would hold.
For Whom the bus tolls; The bus tolls for thee
August 18th, 2020 at 10:19:58 AM
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Quote: darkozI invested because I believe in the science. Not to make a buck next week.
My strategy is to wait until clinical trials determine if FDA approved the drug, then ride into profits (or take the loss if drug fails).
As of this moment nothing about the science has changed
If the price rocketed to $25 and we still didn't have final FDA trial results I would hold.
What’s the timeline for an FDA decision?
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
August 18th, 2020 at 10:20:42 AM
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DarkOz: No offense, but your stubbornness comes across the screen very strongly. You gotta think with your head, not emotion. It seems like you want to prove something. In the market I don't trade based on emotion. In the casino I don't play based on emotion. It's all about booking a profit, not looking back, and moving on.
Still, there are two ways to look at it: one is the Golden Rule of that once you come back from a loss, take your profit and get out, the other is to actually RAISE your sell price as the stock recovers on the theory that if it came back that far, it'll probably go up even more.
I'd say that if this CYDY stock goes down to $1. and makes it back to $4. that it'll probably go higher.
Still, there are two ways to look at it: one is the Golden Rule of that once you come back from a loss, take your profit and get out, the other is to actually RAISE your sell price as the stock recovers on the theory that if it came back that far, it'll probably go up even more.
I'd say that if this CYDY stock goes down to $1. and makes it back to $4. that it'll probably go higher.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 10:35:35 AM
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Meantime AMZN just broke 3300.
I can be sitting here working on other stuff, putzing away on this forum in between glancing at my screens, and money piles in. That's the market we are in, at the moment. You should be making money hand over fist in this market without trying.
I can be sitting here working on other stuff, putzing away on this forum in between glancing at my screens, and money piles in. That's the market we are in, at the moment. You should be making money hand over fist in this market without trying.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 10:40:52 AM
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Quote: unJonWhat’s the timeline for an FDA decision?
Two covid clinical trials -
mild/moderate patients
Severe/critical (death bed). This one is still ongoing
The M/M trial is over. That's a phase 2.
FDA has 3 possible outcomes
A) EUA (Emergency Use Authorization). Means drug is not fully approved but based on Phase 2 evidence it makes sense to approve for this deadly pandemic. (It's what Hydroxychloriquine and Remdesvir have. When further studies for Hydroxychloriquine came back bad they removed the EUA)
B) FDA believes more evidence needed and facilitates a phase 3 trial. This is excellent news as it means there is huge promise shown. Without the pandemic this is the normal progression (phase 3 followed by approval also known as stage 4).
Unfortunately stock may tumble as people want immediate approval so it's good and bad
C). Trials ended, drug failure (for Covid-19).
While C would bring the stock down below a dollar there is 5 years of HIV trials and approval to look towards as well.
Time frame for Covid-19? It's a pandemic. Things are moving faster than normal. But how fast depends on FDA deciding between A or B
EDIT: also this applies to the 2nd trial of severe/critical. There is speculation this will be easier to prove statistical significance. People dying or not!
With M/M many will get well on their own
For Whom the bus tolls; The bus tolls for thee
August 18th, 2020 at 12:08:07 PM
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Quote: MDawgSoopoo you sold some of your TSLA at 1650? Look at it now. Pushing 1800 again.
If you want a short term target for today: 1757
I did! Not unhappy about the run up today to 1900. I still have 35 shares, soon to be 175 shares. Overall portfolio up less than .1% today as of now..... Probably ALL of the up is Tesla! I bought preferred bank stocks with the proceeds.... theoretically safe with 5+% return. Not sexy.
August 18th, 2020 at 12:54:51 PM
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I think I understand what you mean. I have a huge amount of BAC dating back from when it was single digits during its dump months about a decade ago. It really didn't do anything much for years and then it got as high as 34 or so I think it was, I lost track, but it was really up there, and you know the daily story ever since. Some days I look at my long term portfolio and even when BAC drops a mere fifty cents or so, and as you know some days there it dropped as much as a couple dollars, it would really drag things down.
I understand that it may be a while before bank stocks are back on top, but at least they are doing a lot better than they were. I hold some other bank stocks too but BAC is the main one.
I understand that it may be a while before bank stocks are back on top, but at least they are doing a lot better than they were. I hold some other bank stocks too but BAC is the main one.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 1:56:22 PM
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Thats ALL thee weeks income. (-;Quote: darkoz
If I was to lose my whole investment that's three weeks income.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
August 18th, 2020 at 6:00:03 PM
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Here you go MDawg (and Unjohn)
Just watch the video on the page
Article was posted today
https://losangeles.cbslocal.com/?p=1102056
Just watch the video on the page
Article was posted today
https://losangeles.cbslocal.com/?p=1102056
For Whom the bus tolls; The bus tolls for thee
August 18th, 2020 at 8:07:18 PM
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First, WB 'Dawg.
Lotsa Title XIX for mother, and the recent wind-storm w/clean-up. Seen worse in Iowa and Cali.
Snagged an iPad, Chinese pencil/case and am getting familiar. Looks like I'll be donating it as the iJail is not for me. Might be a good stock, but the product is getting over-restrictive, and everything is $$. Nope, I'll stick to Regular Linux and lock it down myself. Cheaper even by labor standards.
In Other News, more on-topic, I tossed OHI and WY after they hit profit target w/o dividend with 50% gain. That leaves HT, CLDT, DRH, INN, RLJ as hotel-reits with IRM and Ford. Right now that remainder shows 58% gain, and I actually got a full Qtr divi. So I'm now 70% invested + 30% cash.
Seen the news about the AAPL and TSLA splits, but AMZN needs one 8 for 1 maybe. And BTW that AAPL split is confetti stock 17.2 Billion shares... wonder what the par value of that is. TSLA might be splitting too soon, but maybe sooner is better. I don't think any of those Chinese e-cars/trucks are getting here. But the Baojin-200 looks cute as commuter car (not for Interstate). Besides the USA promotes power not efficiency. 0-60 in 3 sec.s rather than 500 miles per charge at 60. And its Tokyo (Beijing?) By Night in the driver's seat. Frankly speeds over 90mph not really needed especially if only in 2nd gear.
Regards
Suited89
Lotsa Title XIX for mother, and the recent wind-storm w/clean-up. Seen worse in Iowa and Cali.
Snagged an iPad, Chinese pencil/case and am getting familiar. Looks like I'll be donating it as the iJail is not for me. Might be a good stock, but the product is getting over-restrictive, and everything is $$. Nope, I'll stick to Regular Linux and lock it down myself. Cheaper even by labor standards.
In Other News, more on-topic, I tossed OHI and WY after they hit profit target w/o dividend with 50% gain. That leaves HT, CLDT, DRH, INN, RLJ as hotel-reits with IRM and Ford. Right now that remainder shows 58% gain, and I actually got a full Qtr divi. So I'm now 70% invested + 30% cash.
Seen the news about the AAPL and TSLA splits, but AMZN needs one 8 for 1 maybe. And BTW that AAPL split is confetti stock 17.2 Billion shares... wonder what the par value of that is. TSLA might be splitting too soon, but maybe sooner is better. I don't think any of those Chinese e-cars/trucks are getting here. But the Baojin-200 looks cute as commuter car (not for Interstate). Besides the USA promotes power not efficiency. 0-60 in 3 sec.s rather than 500 miles per charge at 60. And its Tokyo (Beijing?) By Night in the driver's seat. Frankly speeds over 90mph not really needed especially if only in 2nd gear.
Regards
Suited89
some people need to reimagine their thinking
August 18th, 2020 at 8:55:47 PM
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Hi Suited! Thanks for the update.
Good job on the stocks you made 50% on. Looks like you're right on target with the rest too?
TSLA already announced its split 5:1 effective 8/31/2020, which partly explains the runup. AAPL as you mentioned, 4:1 effective 8/24/2020 (previously AAPL did a 7:1 in 2014). AMZN hasn't done a split in a very long time, not since near the beginning - for some reason Bezos seems against it.
TSLA is going on momentum these days, seems to be no stopping it. I'm not complaining! been holding this one since the 180s.
Good job on the stocks you made 50% on. Looks like you're right on target with the rest too?
TSLA already announced its split 5:1 effective 8/31/2020, which partly explains the runup. AAPL as you mentioned, 4:1 effective 8/24/2020 (previously AAPL did a 7:1 in 2014). AMZN hasn't done a split in a very long time, not since near the beginning - for some reason Bezos seems against it.
TSLA is going on momentum these days, seems to be no stopping it. I'm not complaining! been holding this one since the 180s.
Last edited by: MDawg on Aug 18, 2020
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 8:59:45 PM
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But rich people don't buy penny stocks, they just don't.
Why not?
Why not?
Last edited by: MDawg on Aug 18, 2020
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 18th, 2020 at 9:35:49 PM
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Rough road ahead with elections due. Better to keep some $$$ on hand JIC.
Not going anywhere with the remaining 7, 2022 is a ways off yet... but a buying opportunity might happen as in 1st sentance.
Not going anywhere with the remaining 7, 2022 is a ways off yet... but a buying opportunity might happen as in 1st sentance.
some people need to reimagine their thinking
August 20th, 2020 at 7:54:52 AM
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The bears lost out again. The bulls like me remain in control!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 20th, 2020 at 8:59:50 AM
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TSLA up over a hunny again.
CYDY, once again...not so much.
CYDY, once again...not so much.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 20th, 2020 at 9:17:19 AM
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Quote: MDawgTSLA up over a hunny again.
CYDY, once again...not so much.
You must feel this is a competition.
I didn't invest $58,000 up till now just to compete with an anonymous poster on a forum.
I also wonder why someone who claims so much experience on the stock market is actually doing day to day comparisons.
While I didn't get in until April, the stock itself was at thirty cents in December. Eight months later the stock is at $3.
I'm sure in your mind that's a failure lol
For Whom the bus tolls; The bus tolls for thee
August 20th, 2020 at 9:43:00 AM
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Remove emotion from the equation. You keep bringing emotion into this and then you think I'm attacking you personally and get defensive. It's also absurd to say things like "I don't care about $58,000." If you care so little about money I know a variety of con men raking money legally from the general public who'd like your phone number.
If I say that CYDY is garbage, I say so intrinsically. That doesn't mean you're garbage it means that the stock itself is garbage. If I give you a quote from Wolf of Wall Street about why rich people don't buy penny stocks, it is because I agree with that statement.
I am a stock trader, so I trade. As far as traders, the fact is
Traders don't just make day to day "comparisons" as you put it - we make minute to minute comparisons.
I am also an investor - I probably make far more money investing than trading. As far as investing in quality stocks, most everyone makes it as long as he holds long term.
I'm not interested in discussing this with you further unless you're going to stay analytical, leave emotion out of it, and stop saying absurd things like "it's only three weeks salary" or "stop being competitive." This is decidedly not a competition. This is about choices, and that I gave you a much better choice which had you bought into it just days ago, or months ago when I proposed TSLA to the board, you'd be up massively. At the same time you have been recommending buying CYDY to everyone you don't seem to have a problem with that.
If I say that CYDY is garbage, I say so intrinsically. That doesn't mean you're garbage it means that the stock itself is garbage. If I give you a quote from Wolf of Wall Street about why rich people don't buy penny stocks, it is because I agree with that statement.
I am a stock trader, so I trade. As far as traders, the fact is
Traders don't just make day to day "comparisons" as you put it - we make minute to minute comparisons.
I am also an investor - I probably make far more money investing than trading. As far as investing in quality stocks, most everyone makes it as long as he holds long term.
I'm not interested in discussing this with you further unless you're going to stay analytical, leave emotion out of it, and stop saying absurd things like "it's only three weeks salary" or "stop being competitive." This is decidedly not a competition. This is about choices, and that I gave you a much better choice which had you bought into it just days ago, or months ago when I proposed TSLA to the board, you'd be up massively. At the same time you have been recommending buying CYDY to everyone you don't seem to have a problem with that.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 20th, 2020 at 10:13:07 AM
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Quote: MDawgRemove emotion from the equation. You keep bringing emotion into this and then you think I'm attacking you personally and get defensive. It's also absurd to say things like "I don't care about $58,000." If you care so little about money I know a variety of con men raking money legally from the general public who'd like your phone number.
If I say that CYDY is garbage, I say so intrinsically. That doesn't mean you're garbage it means that the stock itself is garbage. If I give you a quote from Wolf of Wall Street about why rich people don't buy penny stocks, it is because I agree with that statement.
I am a stock trader, so I trade. As far as traders, the fact is
Traders don't just make day to day "comparisons" as you put it - we make minute to minute comparisons.
I am also an investor - I probably make far more money investing than trading. As far as investing in quality stocks, most everyone makes it as long as he holds long term.
I'm not interested in discussing this with you further unless you're going to stay analytical, leave emotion out of it, and stop saying absurd things like "it's only three weeks salary" or "stop being competitive." This is decidedly not a competition. This is about choices, and that I gave you a much better choice which had you bought into it just days ago, or months ago when I proposed TSLA to the board, you'd be up massively. At the same time you have been recommending buying CYDY to everyone you don't seem to have a problem with that.
You are making comparisons between your stock choices and mine including attempting to rub it in that my choice is not doing so well and then you accuse me of making it emotional, lol.
As for the money situation.
At 21 I invested twenty thousand on directing a film. And at 26 thirty thousand on a second film. They never got picked up for distribution but they are my babies in a metaphorical sense and I am still proud I made them. I have experience at following my dreams even at cost
While I don't like losing money (who does) it really just doesn't have that much of an effect on me if I am losing it for something I believe in.
My robbery hurt more for obvious reasons. Nonetheless I got over that as well.
But to stay analytical, Leronlimab is undergoing clinical trials with the FDA. To claim all is lost, the stock went down for a few days PRIOR TO ANY NEWS is ridiculous.
I don't care where the stock is until the day I sell and that's not going to happen until FDA approval or denial.
For Whom the bus tolls; The bus tolls for thee
August 20th, 2020 at 12:24:55 PM
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Well, MD.... It broke $2k! After 5-1 split that is $400. My next partial sell point will be $500. If the insanity continues.... I'll have 175 shares post split..... At $500 I will sell off another 25 shares. $70k in one stock seems out of proportion for me.... I probably own a bunch more in various ETFs and a mutual fund. I think Tesla is trading at a PE ratio of 1000! The 'safe' stock I bought with the last TSLA sale is down around 4% in the week since I bought it!
August 20th, 2020 at 1:42:11 PM
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Congratulations Soopoo! 420 (2100 adjusted) seems to be the target many are talking about. I doubt it'll go straight there but who knows.
$70K too much? It's all relative. $2M of one stock is not too much if you have equal amounts of lots of other stocks, and in your case if you have $70K of lots of other stocks $70K isn't too much either.
I am not into mutual funds I have always done my own investing, but I don't think TSLA is in too many average funds. This will change dramatically if it becomes part of the S&P 500.
$70K too much? It's all relative. $2M of one stock is not too much if you have equal amounts of lots of other stocks, and in your case if you have $70K of lots of other stocks $70K isn't too much either.
I am not into mutual funds I have always done my own investing, but I don't think TSLA is in too many average funds. This will change dramatically if it becomes part of the S&P 500.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 20th, 2020 at 1:51:40 PM
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Quote: Suited89Rough road ahead with elections due. Better to keep some $$$ on hand JIC.
My experience is that the drops don't happen when we expect them. After last night's FED announcement that it would be a long road to economic recovery, too many expected a drop today. We did get a dip, but after the suckers sold off once again we went higher than ever.
No, the big drops happen when we don't expect them.
Quote: MDawgUsually though, as soon as people think that something is inevitable, the market reverses course and wipes out those who thought they were betting on a sure thing.
Recessions don't come when everyone expects them, but when you least expect it.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 25th, 2020 at 9:34:43 AM
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TSLA has been experiencing some profit taking. I'm still there hoping for a run back to 2100 or 2200 eventually.
Typically a stock sells off, and then goes back much higher. We need to shake some shares loose from weak hands to take 'er back up!
Typically a stock sells off, and then goes back much higher. We need to shake some shares loose from weak hands to take 'er back up!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 25th, 2020 at 12:47:00 PM
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Quote: MDawgTSLA has been experiencing some profit taking. I'm still there hoping for a run back to 2100 or 2200 eventually.
Typically a stock sells off, and then goes back much higher. We need to shake some shares loose from weak hands to take 'er back up!
If by eventually you mean in a week or two..... or a month or two.... or a year or two.... Most likely one will be correct! (Split adjusted price, of course)
My favorite joke about this price is that a broker that has a 'price target' of say $400, and now its $2k, 'adjusts' his price target to $1800. Like I should listen to the expert that was wrong by a factor of 4 because all of a sudden he got smarter?
It will be interesting to see what happens to AAPL after the split. All the Dow mutual funds and ETFs will have to sell A LOT of AAPL because of the way the Dow is calculated. Most ETFs/funds are based on market capitalization, but the old style Dow is based on share price.
August 25th, 2020 at 1:06:32 PM
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Soopoo! 😄 You should know by now that a week in this market is an eternity. When these analysts give a stock a one-year price target it tends to hit...the same day! lol (or close, anyway).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 25th, 2020 at 1:22:03 PM
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Since I sold my house, have lots of cash
Put most of it into mutual funds
I let the experts take care of my money
but
I did set aside 50k to play with stocks. Own about 25 stocks with an average 2k investment, mostly blue chips.
So far I am quite pleased with my picks
So far my hot picks are
CRM (Salesforce)-I never heard of them till they became my client before I retired. This is one of the fastest growing companies out there. I am really impressed. Growing so fast, they are now part of the DOW. They own the tallest building in San Francisco. The owner bought Time magazine as a hobby.
SMG(Scotts Miracle Grow)-I wanted to invest in marijuana. Did some research and was pointed to this company. They have a huge division getting into the MJ business so growth potential is huge.
Put most of it into mutual funds
I let the experts take care of my money
but
I did set aside 50k to play with stocks. Own about 25 stocks with an average 2k investment, mostly blue chips.
So far I am quite pleased with my picks
So far my hot picks are
CRM (Salesforce)-I never heard of them till they became my client before I retired. This is one of the fastest growing companies out there. I am really impressed. Growing so fast, they are now part of the DOW. They own the tallest building in San Francisco. The owner bought Time magazine as a hobby.
SMG(Scotts Miracle Grow)-I wanted to invest in marijuana. Did some research and was pointed to this company. They have a huge division getting into the MJ business so growth potential is huge.
Its just a forum. Nothing here to get obsessed about.
August 25th, 2020 at 3:38:33 PM
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Quote: terapinedSince I sold my house, have lots of cash
Put most of it into mutual funds
I let the experts take care of my money
but
I did set aside 50k to play with stocks. Own about 25 stocks with an average 2k investment, mostly blue chips.
So far I am quite pleased with my picks
So far my hot picks are
CRM (Salesforce)-I never heard of them till they became my client before I retired. This is one of the fastest growing companies out there. I am really impressed. Growing so fast, they are now part of the DOW. They own the tallest building in San Francisco. The owner bought Time magazine as a hobby.
SMG(Scotts Miracle Grow)-I wanted to invest in marijuana. Did some research and was pointed to this company. They have a huge division getting into the MJ business so growth potential is huge.
CRM went up 17% just today. Nice pick.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
August 25th, 2020 at 3:57:01 PM
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Quote: vegasCRM went up 17% just today. Nice pick.
I was announced today that they were being added to the DOW index.
At my age, a "Life In Prison" sentence is not much of a deterrent.
August 25th, 2020 at 3:57:50 PM
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Quote: vegasCRM went up 17% just today. Nice pick.
Its all due to publicity
Its big news getting into the Dow club. Kind of went from unknown among the general public to joining what's considered the 30 benchmark companies to measure the market making it somewhat famous now.
If it goes down say 13% as the day traders sell off to reap their profits , Ill be happy.
If it stays, I'm thrilled.
Its just a forum. Nothing here to get obsessed about.
August 25th, 2020 at 5:24:18 PM
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TSLA did pretty well in the A.H. - up +24. Hope it holds in the pre- come morning.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 26th, 2020 at 7:14:44 AM
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Didn't take long did it SooPoo? TSLA already busted back over 2100.
As I said, a week is an eternity in this market. Jeffries just laid down a 2500 target on TSLA, let's see how long it takes to hit. 2500 does seem rather lofty, but who knows. During this past dip on TSLA all that happened is a bunch of idiots lost money and the rest of us profited by buying the dips and holding, and just holding our long term. I wouldn't sell any of your shares below 2200 given that you didn't sell at 2135 the first time around, right?
I recall days years ago when AMZN used to go DOWN on days when the analysts raised the target price, and the bears would declare that the stock was finished. 🤓
As I said, a week is an eternity in this market. Jeffries just laid down a 2500 target on TSLA, let's see how long it takes to hit. 2500 does seem rather lofty, but who knows. During this past dip on TSLA all that happened is a bunch of idiots lost money and the rest of us profited by buying the dips and holding, and just holding our long term. I wouldn't sell any of your shares below 2200 given that you didn't sell at 2135 the first time around, right?
I recall days years ago when AMZN used to go DOWN on days when the analysts raised the target price, and the bears would declare that the stock was finished. 🤓
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 26th, 2020 at 7:29:28 AM
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TSLA investors:
Look at that es-car-go!
CYDY "investors":
CYDY "investors" wonder how come we're not invited to the party?
But rich people don't buy penny stocks, they just don't.
Why not?
Look at that es-car-go!
CYDY "investors":
CYDY "investors" wonder how come we're not invited to the party?
But rich people don't buy penny stocks, they just don't.
Why not?
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 26th, 2020 at 8:04:25 AM
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Quote: MDawgTSLA investors:
Look at that es-car-go!
CYDY "investors":
CYDY "investors" wonder how come we're not invited to the party?
But rich people don't buy penny stocks, they just don't.
Why not?
MDawg
Why don't you try to earn respect from this forum?
One way is to not tell TRUE LIES. True Lies are where you tell the truth in a deceitful manner such that the truth isn't the truth any longer.
Case in point:. You posted a comparison Friday of Tesla going up while Cytodyn went down.
You did the same today.
But you conveniently skipped Monday when Tesla went down and cytodyn went up.
This makes your comparison deceitful by not telling the whole truth so as to make you look better.
People on this forum feel you do this with your gambling and stock claims too. Now you have proven that you are prone to do it.
Here let me help you gain back some of the forums trust. I will post Mondays price changes for you!
Tesla "Investors"
Cytodyn "Investors"
For Whom the bus tolls; The bus tolls for thee
August 26th, 2020 at 8:07:34 AM
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Your arguments are nonsensical and miss the point. You'd gag if you knew how much I am up in TSLA, simply by holding it, and the initial investment, to which I have added along the way, the initial was only maybe triple what you put so far into that penny stock. And that's just one stock, I hold many many other stocks that have all rocketed. Simply by buying and holding quality stocks I have achieved stellar results. This is what I advise people to do - buy Quality, industry leaders, and hold.
The point being...that penny stocks should be avoided at all costs.
With regular trading (trading, not investing)
With penny stocks, trading, investing, whatever, I'd say that it's more like 1 in a 1000.
BTW why do you always quote the ENTIRE post even when the post is just one ahead of whatever you have to say? Just lengthens the forum and your own post unnecessarily in my opinion. If you're responding to the post directly above it's clear to which post you are responding.
The point being...that penny stocks should be avoided at all costs.
With regular trading (trading, not investing)
With penny stocks, trading, investing, whatever, I'd say that it's more like 1 in a 1000.
BTW why do you always quote the ENTIRE post even when the post is just one ahead of whatever you have to say? Just lengthens the forum and your own post unnecessarily in my opinion. If you're responding to the post directly above it's clear to which post you are responding.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 26th, 2020 at 8:19:09 AM
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Quote: MDawgYour arguments are nonsensical and miss the point.
The point being...that penny stocks should be avoided at all costs.
With regular trading (trading, not investing)
With penny stocks, trading, investing, whatever, I'd say that it's more like 1 in a 1000.
BTW why do you always quote the ENTIRE post even when the post is just one ahead of whatever you have to say? Just clutters the forum unnecessarily in my opinion. If you're responding to the post directly above it's clear to which post you are responding.
If that was your point then why did you not report the Monday price changes?
Because as I said you are interested in deceitful truths. Monday didn't prove your point so you just skipped it.
BTW, it's odd you keep pointing out that penny stocks should be avoided! Everybody in the gambling world says playing Baccarat straight up for profit with no edge should be avoided.
The quote for Baccarat gambling without an edge?
"For every ten that don't make it there are zero more who do"
The irony here is HUUUGE!
Finally I am sorry you hate me cluttering up your adventures but I choose to quote the above post anyway
For Whom the bus tolls; The bus tolls for thee
