Official Short-term Investments Thread

[Misterman]

CNQ posts surprise loss. Finishes the day up almost a dollar.

Makes sense.

I didn't look at the charts on it. But if a big enough sell off happens early in the day on bad news, the price will inevitably drop to the point where it becomes a value buy, and then it gets enough buy volume to drive the price back up.

[O&G]

Fun morning. In and out of vff a few times and bought into uwt in high 13s.

[Disoblige]

Full position in APHA at 12.49 this morning. Likely will sell before weekend. Thinking oversold bounce play.
I didn't get anything in ACB as I was hoping for lower but ACB is definitely stronger today than the rest.

[O&G]

Fun morning. In and out of vff a few times and bought into uwt in high 13s.

And out at uwt at 14.30s. Great morning.

[O&G]

Lets try this again - back in uwt with a 1st position at 14.10.

[O&G]

Lets try this again - back in uwt with a 1st position at 14.10.

Out at 14.45.

[O&G]

In NRTH on the small dip.

[O&G]

NRTH and VFF both announcing a process and growing licenses respectively this AM.

[SilverRex]

anyone playing NBEV?

looks like a perfect 5 up and 3 down ready for some good upside

https://i.postimg.cc/k5NqRq63/nebv-03-11-2019.png

[Disoblige]

Tried getting in on VFF on the morning dip today at $16.75 and missed the boat. Lame.
SUGR finally getting some uplift on anticipation of their cultivation license.

I'm going to try to get in VFF on the next dip/consolidation day without FOMO.

[msommers]

SUGR up 30% today. Dayum congrats to those peeps!

[BavarianBeast]

Going to get even higher tomorrow morning

If you know what I mean

[v8killa]

looks like WEED and ACB aren't crashing just yet!

[vengie]

Boeing will be a good buy in another couple weeks.

[Misterman]

Boeing will be a good buy in another couple weeks.

I was literally just coming in to ask if anybody was getting in the Boeing situation yet. I would've pulled the trigger yesterday at open, but I didn't think it would rebound as hard as it did, and I don't have a big enough bankroll for high priced stocks like that. Definitely be watching this one closely now though.

[rx7boi]

Why would stock price matter? Even if you bought a single share, you'd still gain/lose the same %.

[vengie]

I was literally just coming in to ask if anybody was getting in the Boeing situation yet. I would've pulled the trigger yesterday at open, but I didn't think it would rebound as hard as it did, and I don't have a big enough bankroll for high priced stocks like that. Definitely be watching this one closely now though.

I don't think they are at bottom yet, as this is just getting started, but they have already fallen >10% in 2 days.

They will rebound well once this is behind them.

[kJUMP]

i bought 5k @ 371 in TFSA, that's down 17% since ATH of 444 march 1, 2019. will see how things go over the next couple weeks, if it recovers might just cash out.

edit: other airlines also under pressure, might add to my position in UAL.

[Misterman]

Why would stock price matter? Even if you bought a single share, you'd still gain/lose the same %.

I'm trying to make money not percentages. At 370$/share, you need big price swings to make any percentage. I wasn't about to bank on a 10$ price recovery(hindsight 20/20)

- - - Updated - - -


I don't think they are at bottom yet, as this is just getting started, but they have already fallen >10% in 2 days.

They will rebound well once this is behind them.


That's why I'm watching this one now. If any news about a conclusion or fix for the issue, or planes get un-grounded in some countries, then i'll try and jump in to ride the wave up.

- - - Updated - - -


i bought 5k @ 371 in TFSA, that's down 17% since ATH of 444 march 1, 2019. will see how things go over the next couple weeks, if it recovers might just cash out.

edit: other airlines also under pressure, might add to my position in UAL.

Nice catch. I would've dumped it in the 390's yesterday afternoon.

[Rat Fink]

.

[rx7boi]

I'm trying to make money not percentages. At 370$/share, you need big price swings to make any percentage. I wasn't about to bank on a 10$ price recovery(hindsight 20/20)

If you could elaborate that'd be great. I'm not sure if that quip was just meant as a jest but IMO it's still a misnomer. It wasn't about hindsight or the stock recovery but about your lack of available capital deemed high enough to buy into a stock.

You and I both know dollar amount gains are directly related to percentage because that's how math works.

370 to 380 and 3.7 to 3.8 are both 2.7% gains.

AFAIK the only time price and number of shares becomes relevant is when you're talking about collecting dividends per share.

[Misterman]

If you could elaborate that'd be great. I'm not sure if that quip was just meant as a jest but IMO it's still a misnomer. It wasn't about hindsight or the stock recovery but about your lack of available capital deemed high enough to buy into a stock.

You and I both know dollar amount gains are directly related to percentage because that's how math works.

370 to 380 and 3.7 to 3.8 are both 2.7% gains.

AFAIK the only time price and number of shares becomes relevant is when you're talking about collecting dividends per share.

Percentages are the real misnomer, as evident by your comparison of 3.7 and 370. Working in percentages requires you to do unnecessary extra math. I get why people talk about percentages, it's for scalability(mostly bragging rights though). If you can routinely make 10% return, then you just need to compound that long enough to have a sizeable portfolio to make 10% on. But at the end of the day you have a dollar figure in your head you're after or need to make. If I want to make $200k/yr, then that means I need to make an average of about $800 per trading day. At no point does percentage play any role in those numbers.

[ercchry]

Yeah I don’t really get it either. I’d take a quick 2% gain all day. Only thing stock prices does is mean you buy less shares which means cheaper transactional costs, and better liquidity which is important with high frequency trading

[rx7boi]

Percentages are the real misnomer, as evident by your comparison of 3.7 and 370. Working in percentages requires you to do unnecessary extra math. I get why people talk about percentages, it's for scalability(mostly bragging rights though). If you can routinely make 10% return, then you just need to compound that long enough to have a sizeable portfolio to make 10% on. But at the end of the day you have a dollar figure in your head you're after or need to make. If I want to make $200k/yr, then that means I need to make an average of about $800 per trading day. At no point does percentage play any role in those numbers.

I can relate to that. Just to clarify I wasn't intending to offend. It's just that if you had $100k in capital, it wouldn't matter whether you bought it at $100/share or $1000/share.

But again, this isn't to bring up whether to look at percentages or dollar amounts; people can do whatever they want. We went through this same topic last month and it's a dead horse. I'm talking more about getting clarification on why you don't think your bankroll is large enough to buy into Boeing or maybe I was just reading into that small part a bit too much. Everyone's got different goals whether you're aiming for a certain dollar target or you just want a certain % return but that's not what I was asking.

Ironically when we were talking about % vs dollar amounts, the consensus was talking using dollar amounts was more of a dick swinging/bragging rights contest. :rofl:

[16hypen3sp]

Drove a guy in uber back at the end of January. He started talking stocks and told me over and over again to buy shopify shares.

Looking at SHOP now, yah I guess I should have. Maybe I still should! Maybe pull out of GOOS and go all in on SHOP!!!

[Misterman]

I can relate to that. Just to clarify I wasn't intending to offend. It's just that if you had $100k in capital, it wouldn't matter whether you bought it at $100/share or $1000/share.

But again, this isn't to bring up whether to look at percentages or dollar amounts; people can do whatever they want. We went through this same topic last month and it's a dead horse. I'm talking more about getting clarification on why you don't think your bankroll is large enough to buy into Boeing or maybe I was just reading into that small part a bit too much. Everyone's got different goals whether you're aiming for a certain dollar target or you just want a certain % return but that's not what I was asking.

Ironically when we were talking about % vs dollar amounts, the consensus was talking using dollar amounts was more of a dick swinging/bragging rights contest. :rofl:

By all means, we all should use whatever works for us. No offence intended by myself either.

When it came to Boeing, I just felt I'd have to leverage too much money to make it worth my while. I don't have 375 grand to drop on a thousand shares just hoping that it props back up by a dollar so I can flip it. That too much risk for reward. Obviously hindsight is 20/20 like I said, and I could've made my goal by leveraging an adequate percentage of my bankroll. But I don't have a crystal ball and it was too uncertain to dip in to. Oh well, can't catch them all.

Ironic for sure that the consensus was dollars are for dick swinging. I'll give you a great real life example of exactly why that is not true. I flipped ACB TWICE for 100% return!! Wow, big kick ass stock trader I am, sounds like I'm rich off those trades............................. Except I'm not, because I only had 5000$ sunk into it both times. Let's be honest here, if I had invested 1 million dollars into those trades, you think me or anyone else would have the nuts to wait around for 100% return? HELL NO! I'm not gambling with a million bucks, I'd have been out before 20% probably. This is why percentage is a misnomer, because it doesn't accurately reflect your actions at different dollar figures.

[Misterman]

Drove a guy in uber back at the end of January. He started talking stocks and told me over and over again to buy shopify shares.

Looking at SHOP now, yah I guess I should have. Maybe I still should! Maybe pull out of GOOS and go all in on SHOP!!!

IMO, Shopify looks like a half decent longer term hold with decent growth potential. But not having a dividend would keep me out of it. If you catch it on a down day, maybe you can make a few bucks with a quick flip.

[ThePenIsMightier]

I was just thinking "I wonder if Wayfair is a listed company"... I wish I thought that about a month ago! Ha!

[BavarianBeast]

Damn 2019 has been good so far. What do you guys think about picking up Delphi? Somebodies gotta pick them up for their assets?

[SilverRex]

spx

I have been expecting spx to finish wave 1 some where around 2800 and begin a multi week decline for wave 2. So far it has not translated to this drop despite most of the news are bad. If the market continues to grind higher and even challenge the ATH or close to, then the likelihood will be a big drop coming. Normally wave 1 do not stretch this far, so it has to turn around like 'now'. if it doesnt, then it makes alot more sense this rally is a large degree wave (B) with wave (C) in the works below Dec low that could bring us way back down to the 2000-2200 zone.

Others that I follow are beginning to buy puts. at these levels. Many are spotting this similar to 1998-2000, majority of the stocks are corrective (weak) so we have big stocks carrying the whole market upwards. for how long? who knows. Melt up? still a possibility. but at least level once should start thinking about parking some cash on the side for a sizable event.

https://i.postimg.cc/Z5dVDrrp/spx-03-15-2019.png

[rx7boi]

Levi Strauss IPO tomorrow. Anyone jumping on it?

[BavarianBeast]

Levi Strauss IPO tomorrow. Anyone jumping on it?

I mentioned it several weeks back and totally forgot to call InvestorLine to secure a position. Hoping to get in at a low price tomorrow but will probably be kicking myself in the ass for forgetting about it.

[asp integra]

Any good stocks to bet on with the impending UCP win over ndp in less than a month? Will we see a bump in O+G stocks?

[Misterman]

Any good stocks to bet on with the impending UCP win over ndp in less than a month? Will we see a bump in O+G stocks?


Already seeing the speculation increases today. Pembina broke 50$ today. Suncor is up. Oil is up.

[SilverRex]

SPX

Whether this is just a wave 2 correction or a much steeper wave (C) headed below the dec low 2018, this will no doubt drag weed stocks down with it. Downward pressure is mounting. The sell in May and go away investment strategy may ring true this year.

[Sugarphreak]

...

[Disoblige]

SPX

Whether this is just a wave 2 correction or a much steeper wave (C) headed below the dec low 2018, this will no doubt drag weed stocks down with it. Downward pressure is mounting. The sell in May and go away investment strategy may ring true this year.
Would not be surprised if we end the week around 10% lower.

[SilverRex]

spx invalidated short term setup, gaining bullish momentum. new ATH still possible, still expecting for the shoe to drop. its amazing the financials arnt good and the market still moves higher. Someone is driving this up..

[BokCh0y]

Did anyone get in on LEVI?

[msommers]

News reports were saying they valued their own stock at $17, higher than the expected 14-16. Now it's at like ~$23?

[rx7boi]

Logged in to TD this morning hoping to snag a small position but message came up saying there were insufficient shares to buy.

I knew Levi was going to get a surge this morning but missing out on this IPO isn't a big deal for me.

Next one to look out for is Lyft and Uber.

BavarianBeast were you able to get a position?

[BokCh0y]

News reports were saying they valued their own stock at $17, higher than the expected 14-16. Now it's at like ~$23?

Yeah hovering around $22-23. A good 35% ROI if you got in at $17.

[BavarianBeast]

Logged in to TD this morning hoping to snag a small position but message came up saying there were insufficient shares to buy.

I knew Levi was going to get a surge this morning but missing out on this IPO isn't a big deal for me.

Next one to look out for is Lyft and Uber.

BavarianBeast were you able to get a position?

Nope, missed this one unfortunately. Will watch over the next few weeks and if dips below $19 I will accumulate shares.

I wouldnt touch Lyft or Uber with a 30ft pole. Dumping money into companies that lose billions of dollars each year does not sound like a good investment decision imo. I don’t think those companies will ever figure out how to be profitable lol.

Encourage everyone who is interested in a potential huge winner, check out CLSD clearside biomedical.Undervalued and will be generating some major revenue here shortly with FDA approval of a new drug + other shit in pipeline. Do your DD, but I'm in deep on this one as an extremely risky play,but upside could be 600%+ easily.

[rx7boi]

I would agree with that assessment. You always want to look at fundamentals and do your due diligence but I only mentioned Lyft and Uber since they're one of the next big IPO's.

Will look into CLSD, thanks for the suggestion.

[themack89]

Nope, missed this one unfortunately. Will watch over the next few weeks and if dips below $19 I will accumulate shares.

I wouldnt touch Lyft or Uber with a 30ft pole. Dumping money into companies that lose billions of dollars each year does not sound like a good investment decision imo. I don’t think those companies will ever figure out how to be profitable lol.

Encourage everyone who is interested in a potential huge winner, check out CLSD clearside biomedical.Undervalued and will be generating some major revenue here shortly with FDA approval of a new drug + other shit in pipeline. Do your DD, but I'm in deep on this one as an extremely risky play,but upside could be 600%+ easily.

You have a pharma fetish too eh? We should talk. I mostly screen for them using options pricing though, I don't actually read the industry until something makes the radar numbers wise.

I'll check Clearside tomorrow when the bid/asks are up.

If you like to read, find out why PTI (Proteostasis Therapeutics) has cosmic premiums. I almost did a buywrite on CNAT, it's down after hours now 46%. The breakeven on the April $5 buywrite was $2.25ish, now trading $1.50ish. But to be fair, it also rallied from 1.50 up to 3.00 since December.

*edit.. Disagree with the assessment on buying IPO's for companies that are losing money: make money or not, they are huge names that every institutional investor is going to need in their portfolio. The companies may lose money, but the demand for their stock will be insane. Speaking from experience: I started the Tesla thread that criticized its absurd valuations. Had I shorted it, I would have gone bankrupt a while ago, and multiple times over. The markets can remain irrational for longer than you can remain solvent.

[BavarianBeast]

I used to have about 50% of my portfolio in Biotech and hit huge with Ariad Pharmaceuticals which I posted frequently here about 2-3 years ago. Definitely have a pharma fetish, but have been out for the most part since my big break.

I'll definitely look into PTI now,thanks for the tip.

Fair enough, but I'm thinking Lyft and Uber will look a lot like SNAP when they hit the market. Wonder how Tesla's ride share company will look like when it's released late this year or early 2020.

[SilverRex]

Gold

Havent post on PM for quite some time, last post was probably back when gold hit 1160 Aug/Sep 2018, I do believe I commented the convergence target regardless of trend will bring it back to retest 1240 and breaking above this area yields a major reversal (bottom in at 1160), looking back it just kept grinding higher. Now it does look like a completed 5 waves off 1160 and so the next expectation is to see gold drop back into the 1230-1270 area. Some sort of H&S with neckline is forming. Would like to see the current bounce is nothing more than a counter trend wave b follow by a wave c. No doubt, due to Fed pausing on rate hikes this year and the abolishing the talk from 2008 that the Fed will be able to unwind the trillions dollars injection should help solidify the health of Gold as once inflation picks up, Gold will probably be the first to sniff it out.

https://i.postimg.cc/DwfpXXNM/gold-03-22-2019.png

[SilverRex]

SPX

key area must hold 2812 and 2800, any close below this would yield the start of a big decline in the coming weeks. TLT also just broke out in a wave 3 fashion which further adds fuel to the bearish stock market outlook.

Edit: now at 2812 broken. if it does under 2800 then its full bearish mode

[phreezee]

Took a small position on CYCC. They are working on a breast cancer treatment and have no debt. Price target of $7 according to some analysts.

[BavarianBeast]

Took a small position on CYCC. They are working on a breast cancer treatment and have no debt. Price target of $7 according to some analysts.

Took a look into this and looks like a decent dice roll. Moved a little money into it, thx for tip.

[brucebanner]

As stated earlier in the thread I'm super new to trading.

Sold my first position today, up 5%. :D :clap:

[Misterman]

Picked up 1000 shares of Pembina on the dip yesterday, flipped it immediately today for about 450$ profit. Bought another 100 shares of Boeing on the dip to cut my average share price.

[asp integra]

Took a small position on CYCC. They are working on a breast cancer treatment and have no debt. Price target of $7 according to some analysts.

Ditto. Crazy to look back and see share prices over $600. Penny stock now but even a small jump would be nice

[gqmw]

I hope nobody is still holding GOOS.

[msommers]

Not sure what's causing the drop. Got this low in December and shot up to into the 70's a couple months later...Hmmm maybe I will get back in it...

[rx7boi]

Rough ride for sure. I got greedy and held on near the end of February before it started going down. Got out of it, same with a couple of other members I talked to.

Better to take a hit than to hold onto something which can keep plummeting.

[msommers]

Get out of Quaker, Kellogg's, and General Mills while you can:

https://www.businessinsider.com/study-monsanto-chemical-cheerios-quaker-oats-2018-10?utm_content=buffer97f32&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-ti&fbclid=IwAR25ftW0bgSt_vGlUqT6rOA7en-5JZJ4NzdIRNwkZcZ2WCSnGP1MAOInEjw

[16hypen3sp]

I got out of GOOS the other day as well. I feel my stress level is substantially lower because of it. I'm not looking back either. Removed the ticker off my stocks app. Still in DIS, ROOT and CNQ. Looking to buy into something else now. Lyft or Uber IPO?

[Misterman]

Get out of Quaker, Kellogg's, and General Mills while you can:

https://www.businessinsider.com/study-monsanto-chemical-cheerios-quaker-oats-2018-10?utm_content=buffer97f32&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-ti&fbclid=IwAR25ftW0bgSt_vGlUqT6rOA7en-5JZJ4NzdIRNwkZcZ2WCSnGP1MAOInEjw

And if you're not in it, get some cash ready to get into it.

[Misterman]

Time to see if this starts rebounding Boeing stock.


http://time.com/5560136/boeing-737-max-fix/

[msommers]

And if you're not in it, get some cash ready to get into it.

Touche!

[SilverRex]

Those following CRON which is not a bad cannabis play to hold long term because essentially they are like a biotech stock as well.

Was expecting much steeper decline in this sector, but with the bounce off 23.14, so long this low holds. it may be up so something. If this is a major swing low, we could be looking at the next upper side target into the 40s. Again 23.14 must hold, if CRON is to begin a new up cycle reaching another ATH.

[BokCh0y]

Time to see if this starts rebounding Boeing stock.


http://time.com/5560136/boeing-737-max-fix/

I missed out on this. I saw it as low as $360, thought the stocks would drop more but clealry not. They're at $380 right now. Was hoping for a quick pump and dump.

[spike98]

And if you're not in it, get some cash ready to get into it.

Old news

https://globalnews.ca/news/4391109/reality-check-weedkiller-found-childrens-breakfast-cereal/

[Misterman]

And Boeing is officially sold for $$391.14 !!

[SilverRex]

Oil

it has been a long while since I last posted on oil. When oil topped around 75-76 the general correction was to retest the 58 zone (previous wave 3/4) however not only did the decline went steeper more importantly it took out the 51.x support. It is apparent that this is now a large ABC pattern 3 waves up follow by 3 waves down. The current move up should find a top and once a top is in, the opportunity lies in the short side for a chance to break the Dec low. similarly I am also expecting the stock market to find a top and begin a dramatic sell off this spring. Even if manages to hit another ATH. The real fun will begin after the next 20-30% decline. that would be the best time to position for the next major up cycle.

https://i.postimg.cc/7h2SqyHL/oil-04-01-2019.png

[16hypen3sp]

Not a bad bump to my Disney stock today, presumably from the Avengers Endgame ticket sales. Keep going DIS, keep going.

[Sugarphreak]

...

[phreezee]

They are presenting at some conferences in April and that is a good indicator. Q4 results say they have operating capital until EoY 2020.
It's a hold for me and pharma bets usually take a lot of patience. I'd turf it if it drops to February levels and you have better opportunities.
I heart boobies too.

[Sugarphreak]

..

[msommers]

I really wanted to find that gif from Step Brothers where the little kid is like "I love boobies, boobies are everywhere"....and then realized to find that gif would not be advisable at the workplace :rofl:

Cool story hey.

[SilverRex]

While the stock market no doubt could push towards an ATH, I am still leaning towards this rise being just a counter trend wave B. With TLT just formed a bullish engulfing candle off the hourly. market may be sniffing out a top here. I have already moved all my RRSP into cash a few days back in anticipation of a significant decline to rest the Dec low.

[BavarianBeast]

DIRTTy dog finally making me some money.

[Misterman]

Not a bad bump to my Disney stock today, presumably from the Avengers Endgame ticket sales. Keep going DIS, keep going.

I wouldn't rely on that. They have too many other liabilities like their TV division that drags them down. Might see another bump on the new Star Wars movie when it comes out. Personally I dumped them as soon as I made a good chunk from the Fox purchase announcement.

[SilverRex]

NBEV

posted about this almost a month ago as it was seeking a final wave C low. Shortly after hitting near the bottom of the blue box it has jumped 20% on news that the Marley drink will be sold in Wal-mart. Great timing on news during a correction. It will probably seal the bottom if it can break above 5.8

https://i.postimg.cc/XJYFXbM9/NBEV-04-08-2019.png

[SilverRex]

GDXJ

Similar to Gold, Still waiting for gold to break down from the h&s pattern for a chance to back test the mid 1200s. Obviously it has been resilient of late buyers buying every dip under 1290. Looking at GDXJ, technically it had a lower wave C which can be the alt count if PMs suddenly breaksout in a wave 3 fashion that will most likely coincide with gold's ability to break above 1320. However I still want like GDXJ to back test under 30 for a better risk/reward setup.

https://i.postimg.cc/QtrbxthC/GDXJ-04-08-2019.png

[16hypen3sp]

I wouldn't rely on that. They have too many other liabilities like their TV division that drags them down. Might see another bump on the new Star Wars movie when it comes out. Personally I dumped them as soon as I made a good chunk from the Fox purchase announcement.

Yah, I only bought in a few months ago. I may look to sell after the Avengers debut weekend. Or maybe after Lion King, but I dunno. I keep thinking that Lion King won't do that well tho. Star Wars for sure will see a bump of some kind.

[Misterman]

Yah, I only bought in a few months ago. I may look to sell after the Avengers debut weekend. Or maybe after Lion King, but I dunno. I keep thinking that Lion King won't do that well tho. Star Wars for sure will see a bump of some kind.

I'm fairly sure that all of their live action remakes are going to kill the box office. Maybe not Dumbo which is out now, but the more popular movies for us old fuckers, like Aladin, Little Mermaid, Lion King, and whatever else they have in the works. The problem is their business is so much more diverse than just movies, that a great movie doesn't have huge effect on stock price.

[SilverRex]

NBEV

after hitting 5 waves up. It is in correction mode. I was hoping to see it reach down to 4.3-4.5, but wave 2 may have bottomed at 5.65 this morning. If that is the case then the next wave 3 will be spectacular. targeting 10 dollars.
Edit: took a position at 5.77

[phreezee]

Energy stocks doing well this week. Took profits on BTE, even though I have a feeling I'll be missing out on some potential.

[killramos]

Picked up a handful of shares in amazon a few weeks ago. That worked out pretty well.

[Sugarphreak]

...

[BavarianBeast]

Bought some puts on WEED a couple of hours ago, feeling like gambling these days!

Puts expire tomorrow!

[Disoblige]

UBER tomorrow. Easy short? lol.

[vengie]

UBER tomorrow. Easy short? lol.

Based on the LYFT IPO (Thanks BB), Yes.

[16hypen3sp]

I woke up earlier this morning. Grabbed my phone and swiped to my stocks. Looked at DIS. Immediately sold.

[SilverRex]

NBEV

after the big up move this week, the correction so far is text book. Had a position @ 5.77 and after touched off 5.4, added another position @5.53. If the next major move is wave 3, this is where I want to plant my entry.

https://i.postimg.cc/ydRprbxk/NBEV-04-12-2019.png

[Inzane]

I woke up earlier this morning. Grabbed my phone and swiped to my stocks. Looked at DIS. Immediately sold.

Surely that’s not solely due to the ep9 trailer dropping, is it??

[JustinL]

It's mostly the Disney+ streaming announcement. Netflix lost 3% simultaneously. It should open up a new revenue stream and give them a better way to monetize the huge library they have now, especially with the fox acquisition.

[phreezee]

Signed up for Crave for GoT, and I think the selection is better than Netflix.
With Disney+ being $6.99, I might be cancelling Netflix.

[killramos]

I really like Crave. But the Crave+HBO is a rip-off.

[Inzane]

It's mostly the Disney+ streaming announcement. Netflix lost 3% simultaneously. It should open up a new revenue stream and give them a better way to monetize the huge library they have now, especially with the fox acquisition.

That makes perfect sense. My wife’s going to be all over that.

I wonder how deep they’ll go in their old back catalog. It’d be neat to see some of their really old live action stuff like Old Yeller, Shaggy Dog, Witch Mountain etc. Stuff I haven’t seen for 35-40 years.

[Misterman]

That makes perfect sense. My wife’s going to be all over that.

I wonder how deep they’ll go in their old back catalog. It’d be neat to see some of their really old live action stuff like Old Yeller, Shaggy Dog, Witch Mountain etc. Stuff I haven’t seen for 35-40 years.

Flight of the Navigator!!

[ThePenIsMightier]

Flight of the Navigator!!

The Black Cauldron!
LoL, never.

[BavarianBeast]

All in on Nintendo

$33.73 average.

Do I just retire?

[taemo]

Do I just retire?
damn nice, congrats!

[danno]

Well played, wish I jumped in on that. Instead I’m stuck with UGAZ sinking.

[msommers]

Do I just retire?

Wait until $50 :devil:

[BavarianBeast]

I was just joking about retiring. Just pumped about it as I dumped a huge chunk of change in and honestly didn't expect the SP to recover this quickly. $60 was my PT to be honest, and I figured 12-16 months.

I wouldn't recommend you hold UGAZ for longer than a week danno, it's meant for quick in-and-out and the upside goes down drastically over time. Just FYI if you don't know already.

[bjstare]

I wouldn't recommend you hold UGAZ for longer than a week danno, it's meant for quick in-and-out and the upside goes down drastically over time. Just FYI if you don't know already.

Yeah, as has been discussed elsewhere, those leveraged funds constantly depreciate. If gas is at $5 today, and UGAZ is at $5 today, 12 months from now gas could be $5 but UGAZ will only be $3 (just a rough e.g., moral of the story is you can never bank on getting your money out of those for anything other than a quick trade).