|
|
Post by drewski6 on Feb 4, 2021 9:04:24 GMT -5
I think there are a few stock market traders who learned that this week.
Not here ... still raking it in until 8pm each night.
Not here either, been on fire. Hot hands over hea. Say it with me now: just because I made $5k/day day-trading the last few days does not mean that I can rely on being up 5k daily and therefore i still need my actual job. (trying to convince myself) |
|
|
|
Post by drewski6 on Feb 4, 2021 9:07:32 GMT -5
Should I get out of CGC? Im worried that earnings report are around the corner, and those usually bring the pot stocks back to earth. Especially worried about CGC here, cuz its gone on a great run, on speculation that US would legalize canabis...But the earnings report, I fear, will serve as a reminder that this is a stock with a high valuation, negative profitability, thats value is very speculative. Who knows if Biden will even federally legalize, I dont think its a priority, and im not even sure you can get it through the still dysfunctional, still too many dinosaurs senate.
|
|
|
|
Post by drewski6 on Feb 4, 2021 9:10:41 GMT -5
Check this baby out I found: NYMT....Its a value play, so good diversifier if you have a growth heavy portfolio, which as a trader (vs a holder) I assume you do. But the 10% dividend, bruh. Plus I checked the history, and they consistently pay it. Plus its a reit so the cash is coming from people paying their mortgages so i dont see a huge liquidity issue interefereing w the div. Plus its ny, so the underlying properties are currently quite down, which is why the reit is trading 33% below pre covid levels. Looks like a 10% almost guaranteed div on the value side + 50% upside on the growth.
I dont think NY real estate will stay down.
I think the biggest risk here is climate change, which does scare me a lil.
|
|
|
|
Post by Admin on Feb 4, 2021 23:41:34 GMT -5
Should I get out of CGC? Im worried that earnings report are around the corner, and those usually bring the pot stocks back to earth. Especially worried about CGC here, cuz its gone on a great run, on speculation that US would legalize canabis...But the earnings report, I fear, will serve as a reminder that this is a stock with a high valuation, negative profitability, thats value is very speculative. Who knows if Biden will even federally legalize, I dont think its a priority, and im not even sure you can get it through the still dysfunctional, still too many dinosaurs senate. You might squeak $5 more out of it but you're at the upper edge of the cup now with lots of overhead resistance. I'd sell half if you want to hold on, otherwise look for another reefer stock with more upside. Weed is in favor as it's expected that a Biden bill for federal acceptance is coming. Buy the rumor ... sell the news.
I'm playing it small with $CRON and a spec $RWBYF based in MI selling "High Times" product under license ... others are playing $KERN (software for regulations by state) and $VFF also at upper edge of cup like yours. One that looks like it has lots up room above is $ACB.
|
|
|
|
Post by Admin on Feb 5, 2021 0:04:30 GMT -5
Check this baby out I found: NYMT....Its a value play, so good diversifier if you have a growth heavy portfolio, which as a trader (vs a holder) I assume you do. But the 10% dividend, bruh. Plus I checked the history, and they consistently pay it. Plus its a reit so the cash is coming from people paying their mortgages so i dont see a huge liquidity issue interefereing w the div. Plus its ny, so the underlying properties are currently quite down, which is why the reit is trading 33% below pre covid levels. Looks like a 10% almost guaranteed div on the value side + 50% upside on the growth. I dont think NY real estate will stay down. I think the biggest risk here is climate change, which does scare me a lil.
We've played that one and the other federally insured mortgage reits when the Fed added liquidity. They could run again when Biden gets his $1.9T rescue plan approved (one way or another) ...
Right now we're playing pennies (50 cents to $8 or so) based on huge volume inflows. We scan during the day and pick up those stocks where the $ is flowing into ... volume precedes price and the early birds generally have early info to act upon like biotech, govt contracts, mergers, etc. Chinese junk pennies have been another source of winners ... today $AACG took off like a rocket around 1-2PM for a 640% gain!
|
|
|
|
Post by drewski6 on Feb 5, 2021 15:33:10 GMT -5
Should I get out of CGC? Im worried that earnings report are around the corner, and those usually bring the pot stocks back to earth. Especially worried about CGC here, cuz its gone on a great run, on speculation that US would legalize canabis...But the earnings report, I fear, will serve as a reminder that this is a stock with a high valuation, negative profitability, thats value is very speculative. Who knows if Biden will even federally legalize, I dont think its a priority, and im not even sure you can get it through the still dysfunctional, still too many dinosaurs senate. You might squeak $5 more out of it but you're at the upper edge of the cup now with lots of overhead resistance. I'd sell half if you want to hold on, otherwise look for another reefer stock with more upside. Weed is in favor as it's expected that a Biden bill for federal acceptance is coming. Buy the rumor ... sell the news.
I'm playing it small with $CRON and a spec $RWBYF based in MI selling "High Times" product under license ... others are playing $KERN (software for regulations by state) and $VFF also at upper edge of cup like yours. One that looks like it has lots up room above is $ACB.
Took your advice to the F'ing bank. Cashed out, cuz it had run a ton, and went with a reefer stock w more upside potential. Just like you said. HITIF. Up like 30% on it (I didnt put it all there, but enough to make a nice return on HITIF). TY sir! |
|
|
|
Post by drewski6 on Feb 5, 2021 15:34:02 GMT -5
Should I get out of CGC? Im worried that earnings report are around the corner, and those usually bring the pot stocks back to earth. Especially worried about CGC here, cuz its gone on a great run, on speculation that US would legalize canabis...But the earnings report, I fear, will serve as a reminder that this is a stock with a high valuation, negative profitability, thats value is very speculative. Who knows if Biden will even federally legalize, I dont think its a priority, and im not even sure you can get it through the still dysfunctional, still too many dinosaurs senate. You might squeak $5 more out of it but you're at the upper edge of the cup now with lots of overhead resistance. I'd sell half if you want to hold on, otherwise look for another reefer stock with more upside. Weed is in favor as it's expected that a Biden bill for federal acceptance is coming. Buy the rumor ... sell the news.
I'm playing it small with $CRON and a spec $RWBYF based in MI selling "High Times" product under license ... others are playing $KERN (software for regulations by state) and $VFF also at upper edge of cup like yours. One that looks like it has lots up room above is $ACB.
There are better plays than ACB. They continue to hemorrhage money. |
|
|
|
Post by drewski6 on Feb 5, 2021 15:38:27 GMT -5
Check this baby out I found: NYMT....Its a value play, so good diversifier if you have a growth heavy portfolio, which as a trader (vs a holder) I assume you do. But the 10% dividend, bruh. Plus I checked the history, and they consistently pay it. Plus its a reit so the cash is coming from people paying their mortgages so i dont see a huge liquidity issue interefereing w the div. Plus its ny, so the underlying properties are currently quite down, which is why the reit is trading 33% below pre covid levels. Looks like a 10% almost guaranteed div on the value side + 50% upside on the growth. I dont think NY real estate will stay down. I think the biggest risk here is climate change, which does scare me a lil.
We've played that one and the other federally insured mortgage reits when the Fed added liquidity. They could run again when Biden gets his $1.9T rescue plan approved (one way or another) ...
Right now we're playing pennies (50 cents to $8 or so) based on huge volume inflows. We scan during the day and pick up those stocks where the $ is flowing into ... volume precedes price and the early birds generally have early info to act upon like biotech, govt contracts, mergers, etc. Chinese junk pennies have been another source of winners ... today $AACG took off like a rocket around 1-2PM for a 640% gain!
Nice! Who is we? You a pro? Or is it a club? A couple low caps I like: PTE and CLWD PTE is like a buck, and has fallen from like 12$. Wihtout even issuing more shares/diluting, just natural contraction (fart sound). But they have dope patents and have some of the best tech out there on skin graphs. My friend is a plastic surgeon and loves their SkinTE product. CLWD - this is one I found out about recently, and am in at a dime/share. Its still around a dime/share, so I havent made much. Put it was getting some buzz on r/pennystock. I saw something about a recent AI advancement, so I expect a run to come on the news/catalyst. Im also up huge on ALPP. Although, its up quite a bit already. I think there is more room. They are trying to uplist to Nasdaq. |
|
|
|
Post by drewski6 on Feb 5, 2021 15:40:04 GMT -5
Im bullish on big casino right now too. Like WYNN, LSV. I just figure 1: loosening laws/regulations, 2: covid has really hurt them, so they are down.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 5, 2021 19:58:04 GMT -5
Just seen this thread..
I'm not holding much except for Euro and soybean futures. I'll be unloading them in March ...
These new job numbers arn't good but didn't faze the market.. 20 mil still out of work and some will never get their jobs back i'm sure.
Came to the conclusion Robinhood and the new ist time novice traders are keeping this rally going.
I'll be glad to pick your brains NYMT seems ok with the dividend.. Not payable till December has me on the ropes,,,
|
|
|
|
Post by Admin on Feb 5, 2021 20:24:19 GMT -5
You might squeak $5 more out of it but you're at the upper edge of the cup now with lots of overhead resistance. I'd sell half if you want to hold on, otherwise look for another reefer stock with more upside. Weed is in favor as it's expected that a Biden bill for federal acceptance is coming. Buy the rumor ... sell the news.
I'm playing it small with $CRON and a spec $RWBYF based in MI selling "High Times" product under license ... others are playing $KERN (software for regulations by state) and $VFF also at upper edge of cup like yours. One that looks like it has lots up room above is $ACB.
There are better plays than ACB. They continue to hemorrhage money. $KERN had a very good day ... |
|
|
|
Post by Admin on Feb 5, 2021 21:06:43 GMT -5
Just seen this thread.. I'm not holding much except for Euro and soybean futures. I'll be unloading them in March ... These new job numbers arn't good but didn't faze the market.. 20 mil still out of work and some will never get their jobs back i'm sure. Came to the conclusion Robinhood and the new ist time novice traders are keeping this rally going. I'll be glad to pick your brains NYMT seems ok with the dividend.. Not payable till December has me on the ropes,,,
Market being fueled by massive liquidity from the Fed with no place to go other than the marhet. On top of that, we've had one stimulus package to be followed up soon with another.
Secondly, time frame-wise we are in a secular bull market and they usually last 20 yrs.
Combined with low interest rates, liquidity, market cycles and self quarantining (saving $ by those working still and no place to spend) we are in a unique situation.
Soft commodities and PM's will make a comeback as those with memories expect this liquidity will produce inflation and higher rates to come. Not sure that this is the right time but there's no question that the price of everything is creeping up ...
|
|
|
|
Post by Admin on Feb 5, 2021 21:15:40 GMT -5
Im bullish on big casino right now too. Like WYNN, LSV. I just figure 1: loosening laws/regulations, 2: covid has really hurt them, so they are down.
I just missed $PENN when it was $7 and I look at those casinos and I can't touch them here. I did dabble in $RRR which I think still has upside from here.
Then there's the movie theatres and cruise liners too but they have seen their prospects put off even longer so I'd avoid other than a few that can ride their coattails (debt ridden) when they do bounce back ... $NCMI in movies (ads before the feature) and $OSW (spa's at resorts and on liners).
The action is in the small caps ...
|
|
|
|
Post by Admin on Feb 5, 2021 21:42:32 GMT -5
We've played that one and the other federally insured mortgage reits when the Fed added liquidity. They could run again when Biden gets his $1.9T rescue plan approved (one way or another) ...
Right now we're playing pennies (50 cents to $8 or so) based on huge volume inflows. We scan during the day and pick up those stocks where the $ is flowing into ... volume precedes price and the early birds generally have early info to act upon like biotech, govt contracts, mergers, etc. Chinese junk pennies have been another source of winners ... today $AACG took off like a rocket around 1-2PM for a 640% gain!
Nice! Who is we? You a pro? Or is it a club? A couple low caps I like: PTE and CLWD PTE is like a buck, and has fallen from like 12$. Wihtout even issuing more shares/diluting, just natural contraction (fart sound). But they have dope patents and have some of the best tech out there on skin graphs. My friend is a plastic surgeon and loves their SkinTE product. CLWD - this is one I found out about recently, and am in at a dime/share. Its still around a dime/share, so I havent made much. Put it was getting some buzz on r/pennystock. I saw something about a recent AI advancement, so I expect a run to come on the news/catalyst. Im also up huge on ALPP. Although, its up quite a bit already. I think there is more room. They are trying to uplist to Nasdaq.
A premium site full of professional traders ... brokers, money managers, investment advisors etc. Everyone has good ideas and trade stocks, options and warrants, spacs & etf's. The site has plenty of tools to assist in finding overbought & oversold stocks as well as screens for various searches. Their newest is this volume scan and it's been uncanny how many winners it finds. $GME came up days if not a week or more before that got going. I've laughed as some of the names ($KODK) and prices that it finds only to cry in my beer when those very same stocks shot up from $1 to $10, $20 or $50 within hours or days. We all pay attention now to those that make the scan.
Today: $OCGN, $WPRT, $TOUR, VKTX , $UGRO
Previous Winners: $SOS, $SAVA, $SRNE
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 5, 2021 21:43:31 GMT -5
Understand the stimulas's are fueling the surge..
Also understand inflation will likely excede the 2% fed safe zone this year..
What i don't.
secular bull market lasts 20 years?
|
|
|
|
Post by Admin on Feb 5, 2021 22:31:33 GMT -5
You might squeak $5 more out of it but you're at the upper edge of the cup now with lots of overhead resistance. I'd sell half if you want to hold on, otherwise look for another reefer stock with more upside. Weed is in favor as it's expected that a Biden bill for federal acceptance is coming. Buy the rumor ... sell the news.
I'm playing it small with $CRON and a spec $RWBYF based in MI selling "High Times" product under license ... others are playing $KERN (software for regulations by state) and $VFF also at upper edge of cup like yours. One that looks like it has lots up room above is $ACB.
Took your advice to the F'ing bank. Cashed out, cuz it had run a ton, and went with a reefer stock w more upside potential. Just like you said. HITIF. Up like 30% on it (I didnt put it all there, but enough to make a nice return on HITIF). TY sir! Nice going!
Look who you're partnered with:
High Tide Is Blazing A Trail And Here Is Why You Should Buy
Dec. 25, 2020 High Tide Inc. (HITIF)ACB, APHA, NACNF...
Summary:
>Printed profitable per share for first time.
>Doubling store count and revenue with recent acquisition, and this will likely double earnings in the very near future.
>Stated goal of doubling store count after acquisition over period of time and will continue to increase shareholder value.
>Stock price is significantly undervalued.
The beauty of the cannabis industry is that it is still fairly new while at the same time stocks are near all-time lows. When I analyze a company, there are a couple of variables that I look for in a cannabis industry participant. First, I take a broad look at the cannabis industry to see what the overall trends are. In Canada, cannabis is increasing every month more and more. Then I look at a company's respective earnings. Since Canadian cannabis sales continue to rise, my expectation is that a company doing business up in Canada should have rising earnings. Next are costs; gross costs and operating costs. I want to see if management is focused on the basics. Earnings are next. Given this environment where we are seeing rising retail sales month after month, if costs are kept down, can a company achieve profitability. The final piece of the puzzle is how much the stock is trading at versus where I think it is trading. As I said, cannabis stocks are near lows since they've been beaten down so much. That is an opportunity, as far as I am concerned.
When I looked at the data and charts on High Tide (OTCQB:HITIF), for all of the right reasons, it was love at first sight. Here is a breakdown of this Canadian company and why I think it is going to be a great company for a long time.
High Tide is a retailer and producer of cannabis with several strong brands and is even partnered with Snoop. High Tide is in the process of acquiring Meta Growth (OTCPK:NACNF) which overwhelmingly voted to be picked up by the larger company. The combination of the two will create the biggest cannabis retailer in Canada with 63 stores and plans to double that over the course of the next year. That is a very valuable place to be in with a budding industry. It should be noted that High Tide has prominent investors in its own operations from both Aurora Cannabis (NYSE:ACB) and Aphria (NASDAQ:APHA); the latter of which is being merged with Tliray (NASDAQ:TLRY). High Tide is also on its way to NASDAQ, which will increase its credibility as well as liquidity.
|
|
|
|
Post by Admin on Feb 5, 2021 22:40:24 GMT -5
Understand the stimulas's are fueling the surge.. Also understand inflation will likely excede the 2% fed safe zone this year.. What i don't. secular bull market lasts 20 years?
Check the chart in this post ... the major bull moves have each lasted 20 yrs.
|
|
|
|
Post by Admin on Feb 8, 2021 10:01:55 GMT -5
You might squeak $5 more out of it but you're at the upper edge of the cup now with lots of overhead resistance. I'd sell half if you want to hold on, otherwise look for another reefer stock with more upside. Weed is in favor as it's expected that a Biden bill for federal acceptance is coming. Buy the rumor ... sell the news.
I'm playing it small with $CRON and a spec $RWBYF based in MI selling "High Times" product under license ... others are playing $KERN (software for regulations by state) and $VFF also at upper edge of cup like yours. One that looks like it has lots up room above is $ACB.
There are better plays than ACB. They continue to hemorrhage money. Not concerned about fundamentals ... technical analysis says it's about to break out ... up 6% this morn. Of course High Tides is up another 30% but if you want to take profits there, ACB is a good candidate to move some of that cash into. |
|
|
|
Post by drewski6 on Feb 8, 2021 11:36:28 GMT -5
Check out cresco labs if you dont mind. Same sector (reefer)
|
|
|
|
Post by drewski6 on Feb 8, 2021 15:15:19 GMT -5
Im bullish on big casino right now too. Like WYNN, LSV. I just figure 1: loosening laws/regulations, 2: covid has really hurt them, so they are down.
I just missed $PENN when it was $7 and I look at those casinos and I can't touch them here. I did dabble in $RRR which I think still has upside from here.
Then there's the movie theatres and cruise liners too but they have seen their prospects put off even longer so I'd avoid other than a few that can ride their coattails (debt ridden) when they do bounce back ... $NCMI in movies (ads before the feature) and $OSW (spa's at resorts and on liners).
The action is in the small caps ...
I think you may be right. I find myself wanting to sell my large caps to make room for more upside plays in small caps. Changing my mind a bit on WYNN, LSV. I played PENN but took my profits, which werent as large as they should have been (cashed out completely up like 20% on iniital - so didnt get in early enough - which is why i was happy moving on up 20%. Knew i had missed the feast and was trading scraps). |
|
|
|
Post by drewski6 on Feb 8, 2021 15:18:07 GMT -5
Ive been tinkering around with building algorithms myself. Me and the small team I assembled have made some progoress. No output yet though, still in the data collection phase. Trying to sure up our incoming data channels.
|
|
|
|
Post by drewski6 on Feb 8, 2021 15:20:06 GMT -5
The hardest part is getting in early enough where its an obvious slam dunk. Which seems to be pretty impossible for me. So the game for me is trying to figure out if I should still buy in when its up 20% or even 400% in some cases.
|
|
|
|
Post by drewski6 on Feb 8, 2021 15:20:20 GMT -5
And pinpointing my exit.
|
|
|
|
Post by drewski6 on Feb 8, 2021 15:22:54 GMT -5
Im up 100% on ALPP, taking some profits here.
|
|
|
|
Post by cole on Feb 8, 2021 15:25:09 GMT -5
Ive been tinkering around with building algorithms myself. Me and the small team I assembled have made some progoress. No output yet though, still in the data collection phase. Trying to sure up our incoming data channels. Does this involve just identifying factors, calculating their correlation, then combining into one weighted equation? |
|
