All things STOCKS

#3,051
#3,051
LIvol said:
@VolAllen I will never stop listening to you about SAVE, I give up. This is literally a money maker and it is non stop!!!!
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You can play it over and over and over again and always make money. And looking back at their 5 year chart, it seems this was always the case. Buy at $30, sell at $45. Rinse and repeat.
 
#3,052
#3,052
MadisonvilleVol said:
Ive got 116 individual stocks... And I’ll be the first to admit, I don’t agree with 95% of the advice I read here. Take a credit card advance and buy penny stocks? Nope, not for me BUT I’m rooting everybody on. Different strokes for different folks.
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Wait, did somebody actually say that or are you just being dramatic? I personally haven't seen any advice that bad on here, but maybe I just missed it.
 
#3,053
#3,053
DocVOLiday said:
Wait, did somebody actually say that or are you just being dramatic? I personally haven't seen any advice that bad on here, but maybe I just missed it.
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I did that when the market crashed. Took $20,000 cash advance, 0% APR for 12 months and turned that $20k into $60k, paid back the $20k in less than 2 months.
 
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#3,054
#3,054
VolAllen said:
I did that when the market crashed. Took $20,000 cash advance, 0% APR for 12 months and turned that $20k into $60k, paid back the $20k in less than 2 months.
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ah, gotcha. good to know. yea, you've definitely had success, I just didn't know if people were recommending that to beginners in here (something that I had not seen perusing this thread)
 
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#3,056
#3,056
And I wasn’t exactly buying penny stocks. I was buying CCL, MFA, SAVE...can’t really remember what else. But it definitely wasn’t BIOC or whatever lol
 
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#3,057
#3,057
Out of Spirit this morning for +$4000, back in at 20.90, 1750 shares. Bottom for the day seems to be in.
 
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#3,058
#3,058
Orange_Vol1321 said:
Cramer thinks Wall Street pros may be playing a game with amateur Robinhood traders
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The institutional guys have been taking advantage of day traders for sometime. If you look at one of my earlier posts I talked about how our traders would occasionally catch the day traders in one of the companies we were interested in. What Cramer seems to be talking about, in my opinion, boarders on illegal.. Certainly unethical.

That's just my opinion.

Think about it, all an institutional guy has to do is monitor transaction volumes, go on these types of forums and see what people are pumping and or dumping etc. They lay some money into creating a profit margin. It only takes a small price difference for the black box traders to make good money.
 
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#3,063
#3,063
Hypothetical for you short sellers or anyone that can answer. I understand a short seller is borrowing the shares from their broker, to sell, with the idea of a stock price dropping. Then buying back the stock at a lower price to give back to their broker.

Lets use XSPA as an example. When they announced their r/s on June 10 at 4pm does that make all the short sellers scramble to buy back those stocks in AH before the price jumps the next morning?
 
#3,070
#3,070
Im not sure what the whole story is here, but apparently he opened an account on RH and bought options with margins. He then looked and was way confused because he thought he owed 700k. He then took his life at 20. Be careful out there guys

 
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