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onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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April 20th, 2020 at 7:54:15 AM permalink
Quote: DRich

I bought Six Flags stock about three months ago because of a nice dividend offered. I got crushedon that stock evenbefore the virus became a big deal. I sold almost everything about six weeks ago and just started buying back in. I own three stocks right now and I hope they are long term holding but they all have a lot of exposure.

I bought Ford, American Airlines, and Exxon. Hopefully in two years they will recover without having a bankruptcy.

Should be fine. They might drop lower, might not. Airlines really scare me. Moderna is just giving me orgasms today, it was down 4% with all my stocks way down, and turned out Jesus is working on the vaccine I guess. This feels great. I have no idea when to sell Moderna, guess I won't.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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April 20th, 2020 at 8:24:04 AM permalink
ACB (Aurora Cannibis) is doing a 12 for 1 reverse split, will also be selling 30% more stock, but counting 7 shares as 1. It's worth about $1 buying 7 shares. If all 7 shares wind up worthless, then it's -$5. No answer on less than 7 shares what will happen from the article I read the other day, I think they're being abandoned and uncompensated.

Up 39% YTD , most of it from Moderna today. Feels awesome.
Last edited by: onenickelmiracle on Apr 20, 2020
In the land of the blind, the man with one eye is the care taker. Hold my beer.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 209
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April 20th, 2020 at 2:04:20 PM permalink
Such a weird feeling to have things change from overall ahead 21% to 42% since the last trading day. I was not expecting this today, expected quite the opposite, as it was how the day was starting until the opening 15 minutes. Crazy how the pre-market prices get into your head. Guess others had had a bad day, in the normal areas. I'm so sick of Etrade, they show me having margin available then wouldn't let me trade on it, wanted to short the casino stocks hard.

Lots of bad press reiterating how Gilead may not or would not be a money maker from the analysts, but nothing about the other pharma stocks. Suppose it's coming, GILD did not weather good to the reports I assume they had the influence causing the panic. I know it won't, but tough to say, how many people might need remdesivir. Bernie's Sanders spoke about Gilead,, bitching about them making money on the drug saying it should be free and put a nail in that coffin, with Gilead taking away their orphan drug status by withdrawing it because of him. Wasn't meant to be with that company for me, sold short on the wrong day and was always afraid to take profits when they were good,

Got scared myself about Abbott labs because of the problems they were having with the testing devices, it went up $2 after I sold, was happy to just get out when I did, because having the government returning the devices and having scarcity of preservatives to use the machine how hospitals would want, just seems like it's risky. Not many tests out there, guess I clearly overreacted. I'd have second thoughts getting back in now after the stock went up 2% today, kind of weak for how the thing has been lately.

I'm so surprised Moderna went up so much today and couldn't hang onto a lot of the gains, the stock had been so popular in the past on good days, it would move over 10%, then retreat as people were notified of the 10% gain, and keep on going. Kind of had an arc to it today, could tell a lot of RH investors getting in for the first time, and noticed drops in GILD. I really wouldn't know what to invest in if I pulled out of these 2 pharmas now. Can't short at RH, don't want to do options because I'm not confident I understand them well enough to make decisions to buy and execute. Not going to be many green days for a while, I don't think. Would be nice for me to get out, wait for new bottoms, and get back in, but I don't know when they reality will sink in.
Last edited by: onenickelmiracle on Apr 20, 2020
In the land of the blind, the man with one eye is the care taker. Hold my beer.
unJon
unJon
Joined: Jul 1, 2018
  • Threads: 13
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April 20th, 2020 at 2:21:49 PM permalink
Quote: onenickelmiracle

Such a weird feeling to have things change from overall ahead 21% to 42% since the last trading day. I was not expecting this today, expected quite the opposite, as it was how the day was starting until the opening 15 minutes. Crazy how the pre-market prices get into your head. Guess others had had a bad day, in the normal areas. I'm so sick of Etrade, they show me having margin available then wouldn't let me trade on it, wanted to short the casino stocks hard.



It may be they won’t let you short on margin.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 209
  • Posts: 8000
April 20th, 2020 at 2:35:30 PM permalink
Quote: unJon

It may be they won’t let you short on margin.

Not my experience. I'm sure the margin was coming by the gains of the day mostly, that might have been the reason, or as like at RH, all kinds of numbers are fake, like daily returns. I'm pretty sure you must have margin to short besides this. That really makes me mad ETRADE keeps messing with margin requirements too. Have been getting messages where they'll change requirements based on how much of a concentration I have in one stock, or just because of the stock too. RH doesn't do that, whatever I start with, I maintain AFAIK. I'd get out at ETRADE, but I don't want the money out of the market this long, don't bring up the getting out and waiting. ;) I like the site for some things and not others, will move somewhere eventually. :
In the land of the blind, the man with one eye is the care taker. Hold my beer.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 209
  • Posts: 8000
April 20th, 2020 at 4:32:54 PM permalink
I still have such a black thumb when it comes to BTC. I'm a sucker on that one. Nobody knows what's going on with it, I'm assured it's manipulated, and even then, I'm like, but it's going to go that way.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 209
  • Posts: 8000
April 20th, 2020 at 8:27:29 PM permalink
I miscalculated my return for the year, it's 33% not 42% for the year. Forgot to add my investment at the 1st brokerage, but not the gain. Still fine for now.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 209
  • Posts: 8000
April 21st, 2020 at 8:37:55 AM permalink
Quote: onenickelmiracle

I miscalculated my return for the year, it's 33% not 42% for the year. Forgot to add my investment at the 1st brokerage, but not the gain. Still fine for now.


That didn't last, overbought is right. Damn, these bearish little articles, are like, sell so ONM's portfolio goes down. Sometimes you have to wonder what incentive people have. I'm sure they're legit, just seems sometimes people are jealous and want to bring others down, just so they seem right.
In the land of the blind, the man with one eye is the care taker. Hold my beer.
CasinoResearch
CasinoResearch
Joined: Mar 29, 2020
  • Threads: 3
  • Posts: 27
April 21st, 2020 at 9:02:45 AM permalink
Quote: onenickelmiracle

I still have such a black thumb when it comes to BTC. I'm a sucker on that one. Nobody knows what's going on with it, I'm assured it's manipulated, and even then, I'm like, but it's going to go that way.



If it's worth anything, I've always thought that the correct play is to short BTC long-term. I understand that not everyone can do this due to leverage, etc, but I cannot imagine a scenario which has BTC going up long-term.
odiousgambit
odiousgambit
Joined: Nov 9, 2009
  • Threads: 306
  • Posts: 8409
April 21st, 2020 at 10:19:36 AM permalink
Quote: onenickelmiracle

That didn't last, overbought is right. Damn, these bearish little articles, are like, sell so ONM's portfolio goes down. Sometimes you have to wonder what incentive people have. I'm sure they're legit, just seems sometimes people are jealous and want to bring others down, just so they seem right.

Jim Cramer bragged about doing just this - Aug 2008

the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder

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