Anyone investing heavily this year??

[Tito_Jackson]

There are a lot of folks who bought in high between $13-$16 so there are walls along the way at like 13.50, $14 etc. I think this could settle at $14 eod but price action will be choppy up to that point. But with earnings next Tuesday it should go back up to $16 by the end of the week in my opinion. Not sure where people shorted (prob $15-$16) so if it breaks that it could really take off as people cover their positions.

To piggyback on this, a short term pay would be to watch for the sell-off, buy a call option of $16 with expiration in September, then sell the contract as soon as you start to see the profit or when the stock price gets near $16. Do not hold beyond mid-August.

 

[yasky777]

MARA.
sold it all last week

 

[dollar bill]

Will mara hit $5

 

[sickwidit]

TRVN and LPCN having good days! Especially TRVN coming up on Fridays FDA approval. Nice run up. LPCN has a few more weeks so keep an eye on it.

Note to self: Stay away from social media stocks. Been on the wrong side of Pinterest and Snap Chat back to back.

 

[dollar bill]

Pinterest and Snap = long term

 

[HellBoy]

Will mara hit $5

I was in MARA a couple times today for a few pennies. I missed the better runs like the 10:33 and 11:57 jumps. I'm still watching it for another small run before 4pm. I doubt it makes it to $5 though.

 

[HellBoy]

Pinterest and Snap = long term

SNAPs volume is just so low. I chuckled when I heard they are adding a "tik tok" type feature. I'll ask my son if its good or not once they do.

 

[sickwidit]

SNAPs volume is just so low. I chuckled when I heard they are adding a "tik tok" type feature. I'll ask my son if its good or not once they do.

Right now they are dropping because the assumption is they get wiped out with Tik Tok going to MSFT. No idea but that shit moved against me quick and I didn't like the idea of holding through that news. Both today and friday when Tik Tok rumor was mentioned SNAP dropped fast.

 

[HellBoy]

TRVN and LPCN having good days! Especially TRVN coming up on Fridays FDA approval. Nice run up. LPCN has a few more weeks so keep an eye on it.

Note to self: Stay away from social media stocks. Been on the wrong side of Pinterest and Snap Chat back to back.

LPCN - That 1:42pm drop was serious. I'll try to catch it if it recovers.

 

[Playerz007]

Anyone buying DiamondPeak Holdings (NASDAQ : DPHC)?

First Look: The SPAC Deal That Will Take Electric-Pickup Start-Up Lordstown Motors Public | The Motley Fool

DiamondPeak Holdings has agreed to merge with Lordstown. Here's what we know.

www.fool.com

 

[sickwidit]

LPCN - That 1:42pm drop was serious. I'll try to catch it if it recovers.

Looks like its recovering but I have my stop loss at $1.55. Seems like its got good support around $1.60

 

[sickwidit]

Thanks for the analysis. Still holding on for now...

NIO broke through $13.50 but alot of bagholders at $14 may end the run just under there for the day but volume is good and will likely gain more ground in after hours

 

[Madrox]

NIO broke through $13.50 but alot of bagholders at $14 may end the run just under there for the day but volume is good and will likely gain more ground in after hours

Yea man...I have a number in mind that I wanted to cut out at, but I may just take my little profit now.

 

[HellBoy]

Anyone buying DiamondPeak Holdings (NASDAQ : DPHC)?

First Look: The SPAC Deal That Will Take Electric-Pickup Start-Up Lordstown Motors Public | The Motley Fool

DiamondPeak Holdings has agreed to merge with Lordstown. Here's what we know.

www.fool.com

I'll keep an eye for the RIDE ticker to start showing up in press releases. I'll be buying into this one.

 

[sickwidit]

Yea man...I have a number in mind that I wanted to cut out at, but I may just take my little profit now.

Word? Can't blame you but at this point anytime before earnings should be positive. I'd definitely get out by Monday. Thats my plan. If it runs up alot more I may keep a few shares just to ride through earnings and see what happens.

 

[Madrox]

Word? Can't blame you but at this point anytime before earnings should be positive. I'd definitely get out by Monday. Thats my plan. If it runs up alot more I may keep a few shares just to ride through earnings and see what happens.

I feel you. I didn't hit my target so I'm gonna wait it out some more like you said. Should be interesting..

 

[Kaotic]

Really good news from ADT. I wasn't listening when it broke.

Thanks for this..Got in this morning at $13.50 and hit it perfect at $17.21 before it fell before lunch.

 

[sickwidit]

I feel you. I didn't hit my target so I'm gonna wait it out some more like you said. Should be interesting..

NIO is gonna gap up again tomorrow PM. If it holds at premarket and breaks $14 before market open it will go flying. Right now its around $13.90 in AH with alot of orders still coming in. Hopefully Trump don't start yelling "CHYNA!" tomorrow and fuck up our money

 

[KAPE KRUSADER]

NIO is gonna gap up again tomorrow PM. If it holds at premarket and breaks $14 before market open it will go flying. Right now its around $13.90 in AH with alot of orders still coming in. Hopefully Trump don't start yelling "CHYNA!" tomorrow and fuck up our money

I am on the NIO train!

 

[xfactor]

Workhorse is up 20% today. Should i sale and get out now and take the profit or hold a lil longer?

Depends. Are you holding it because you believe in it and just wanted to trade it? If the former, I would hold. If the latter, you can sell it. Day and swing traders make mistakes by trying to hit a homerun every time they are in the money when the singles and doubles add up. Personally, I can see Workhorse being a longer term play but it may be a while before it reaches my price point for it which is $50+ PPS.

 

[Madrox]

NIO is gonna gap up again tomorrow PM. If it holds at premarket and breaks $14 before market open it will go flying. Right now its around $13.90 in AH with alot of orders still coming in. Hopefully Trump don't start yelling "CHYNA!" tomorrow and fuck up our money

right!

 

[xfactor]

Will mara hit $5

Watch out for that offering with $MARA. They had a small one that closed last week but with the BTC hype, I can see another. Their balance sheet is as bad as the writing on ‘P-Valley’.

 

[Madrox]

For the WKHS folks..

 

[Tito_Jackson]

And

Right now they are dropping because the assumption is they get wiped out with Tik Tok going to MSFT. No idea but that shit moved against me quick and I didn't like the idea of holding through that news. Both today and friday when Tik Tok rumor was mentioned SNAP dropped fast.

Yep, and MSFT shot up. Tomorrow's play would be to grab a call order with $220 strike price with an Expiration in September.

Sell when you see your profit in a few hours or the next day. Do not hold this contract for too long.

 

[xfactor]

This is something to keep in mind if day trading isn't necessarily going the way you like.

90%+ will lose everything they invest over a a few months. Also, if you visit any investing forum, no one is really interested in what you claim to have made without proof. Screenshots of entries and exits and settlements on a live account. People can claim anything on here (and I'm not saying they are lying) and people seem to eat that shit up.

Yet people are complaining about being labeled pattern day traders on these platforms. For the sake of fluidity and being able to hedge bets, or exit, I don't see how most can be done without having the ability to buy and sell and unlimited amount and having the funds settle instantly. This is what PDT offers.

Not having enough free capital will leaving you holding onto losers claiming they are long term holds..... When in fact they aren't. Part of trading is knowing when to cut your losses.

Take most claims made in this thread with a grain of salt especially if they aren't pattern day traders and haven't shown proof. Most of the stocks mentioned in here are penny stocks or just a stutter step above that realm and that is incredibly risky trading.

Damn near 80 pages and no one can take a screenshot??? It only takes a second as opposed to the long drawn out statements regarding how they are doing. Be weary. I no longer trade stocks (I still trade for a living, just not in the stock market), but I would purposely become a pattern day trader for the trading freedom it brings.

Great post. Only thing I disagree with is P/L screen shots because only a fool would post real P/Ls. Who wants heat from people that you don’t need it from? Especially on a wide open forum?

Most P/Ls I’ve seen posted are from paper traders and if you want to see real returns from traders you can peep from a licensed hedge fund, not unlicensed retail traders, who are likely lucky.

right now reminds me of the crypto bubble of 2017. Everyone is eating but when the economy bursts it will be a different story and that 90% you mentioned will be ghost.

 

[npcannon]

 

[sickwidit]

And

Yep, and MSFT shot up. Tomorrow's play would be to grab a call order with $220 strike price with an Expiration in September.

Sell when you see your profit in a few hours or the next day. Do not hold this contract for too long.

You gotta be killing with your MSFT options right now. They jumped big time

 

[dolemite73]

NIO is gonna gap up again tomorrow PM. If it holds at premarket and breaks $14 before market open it will go flying. Right now its around $13.90 in AH with alot of orders still coming in. Hopefully Trump don't start yelling "CHYNA!" tomorrow and fuck up our money

This is probably a long term hold for me. Could be another TSLA.

 

[sickwidit]

right now reminds me of the crypto bubble of 2017. Everyone is eating but when the economy bursts it will be a different story and that 90% you mentioned will be ghost.

This is why I am liking learning options right now. You see strategies to play up, down or neutral and try different ways to make money no matter what the market is doing. When the time comes for a down market will be able to take advantage.

 

[Tito_Jackson]

You gotta be killing with your MSFT options right now. They jumped big time

Not gonna lie, I eclipsed some people's salary this morning. I told people last week to get the $200 option. I even said get the $205 option. People still have a little time to make some real capital from this play. At the very least, buy one call options contract.

 

[Tito_Jackson]

This is why I am liking learning options right now. You see strategies to play up, down or neutral and try different ways to make money no matter what the market is doing. When the time comes for a down market will be able to take advantage.

Great post. Only thing I disagree with is P/L screen shots because only a fool would post real P/Ls. Who wants heat from people that you don’t need it from? Especially on a wide open forum?

Most P/Ls I’ve seen posted are from paper traders and if you want to see real returns from traders you can peep from a licensed hedge fund, not unlicensed retail traders, who are likely lucky.

right now reminds me of the crypto bubble of 2017. Everyone is eating but when the economy bursts it will be a different story and that 90% you mentioned will be ghost.

The thing with options is it doesn't matter if stocks are going up or down, you can still make money. And the cash is yours, you are not left holding stocks. If the economy crashed right now, I could take all my capital and do what I want with it.

 

[dolemite73]

NIO is gonna gap up again tomorrow PM. If it holds at premarket and breaks $14 before market open it will go flying. Right now its around $13.90 in AH with alot of orders still coming in. Hopefully Trump don't start yelling "CHYNA!" tomorrow and fuck up our money

Price targets for $NIO from CNN

 

[Coldchi]

Electric-Truck Maker Lordstown Motors to Go Public in Reverse Merger
Ben Foldy•
Last Updated August 3, 2020, 12:58 PM
Lordstown Motors Corp., the electric-truck startup working to revive a former General Motors Co. plant in Ohio, plans to go public through a reverse merger deal.

Ohio-based Lordstown Motors, the latest company looking to tap investor excitement around battery-powered vehicles, said Monday it will merge with publicly traded DiamondPeak Holdings Corp. in a deal that aims to list it on the Nasdaq under the ticker symbol "RIDE." The deal implies a value of $1.6 billion for the electric-truck maker, the companies said.

Lordstown is now the third electric-vehicle startup this year to reveal plans for going public by reverse merging with a so-called blank-check company, rather than pursue a traditional IPO process itself.

Blank-check companies like DiamondPeak are established for the sole purpose of making an acquisition, using funds raised through an initial public offering. They have no operating history when they go public, and within a specified time, typically two years, they must use the proceeds of the IPO to acquire or merge with a target company.

**DiamondPeak stock went up $6 on the publication of this news alert**
keep that RIDE ticker on your radar whenever it gets listed.
keep the $RIDE

The mergers have become more popular as the IPO market has been rife with volatility amid the Covid-19 pandemic.

For instance, electric-truck startup Nikola Corp. went public in June after concluding a reverse merger with blank-check company VectoIQ Acquisition Corp.

Fisker Inc., a new electric-car venture headed by well-known car designer Henrik Fisker, also said last month it would merge with a special-purpose acquisition company backed by private-equity giant Apollo Global Management Inc. The deal gave Fisker an implied valuation of $2.9 billion

Investor enthusiasm for electric-vehicle technology has heightened in recent months, lifting valuations for little-known startups trying to put their first plug-in models on the market. Part of the interest is being driven by Tesla Inc., whose shares have more than tripled this year, making the company the world's most valuable auto maker, analysts say.

 

[sickwidit]

Price targets for $NIO from CNN

Don’t pay attention to the $7 target. That was just Goldman Sachs BS trying to lower the price. They are actually a decent size holder in NIO and put a hit piece out saying all the fundamentals are great and they look awesome for the next 2 years but they just “feel” like the price is too high. Next week will be the real test. They have had record sales the past few months so everyone is gonna be watching. It could really take off.

 

[HellBoy]

That SSNT run was insane. No halt either.

*No I didnt buy, I had no idea it would run like that. Next time, I'll buy 10 shares of whatever just in case.