Official Short-term Investments Thread

[Kijho]

Plus they're doing a 12:1 reverse split on May 11th, so yay, more room to drop.

Haha so funny I went from Beyond and straight into more reading and found this and then nope'd out hahaha

[asp integra]

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

CYCC, whats going on with this. checked today and i'm up a crazy amount ?

[R154]

what do we think about a spread on 600/610/650p tsla? Better yet small spread on airlines?

when can we start talking about the great tumble instead of this bull-shit market. I loathe green days.

[BavarianBeast]

CYCC, whats going on with this. checked today and i'm up a crazy amount ?

Reverse split, haha. Account probably hasn't updated yet. 20:1. Should still be up 30% or so?

I've got buy orders ready for tomorrow morning. LETS GO! Green all around. :)

[16hypen3sp]

CYCC, whats going on with this. checked today and i'm up a crazy amount ?


Reverse split, haha. Account probably hasn't updated yet. 20:1. Should still be up 30% or so?

I've got buy orders ready for tomorrow morning. LETS GO! Green all around. :)

The line on the chart looks almost unbelievable. That's crazy.

[BavarianBeast]

Spidey senses are tingling for a nice run here. Decided to load up..

SU
TRI
PEY
GILD
BNS
SLF


Picked up Gilead ( $81.35 avg) this afternoon, Thompson Reuter’s ($100.40 avg) and Sunlife ($32.76 Avg)

[JustinL]

I've been riding Gilead for years and it's finally paying off! I like SU, but I'm leery about putting any more of my future into Canadian energy.

[BavarianBeast]

I bought even more Gilead today. Remdesivir is just a bonus, the other drugs in their pipeline is what I’m in for. I bought and sold that suncor a while back. Thought about re-entry but will probably avoid Canadian oil for a little.

[BavarianBeast]

Well that was a boring week minus the oilcoaster.

[BavarianBeast]

Picked up Chefs Warehouse today. Think there will be some good upside in the next couple of weeks.

[The_Rural_Juror]

I bought even more Gilead today. Remdesivir is just a bonus, the other drugs in their pipeline is what I’m in for. I bought and sold that suncor a while back. Thought about re-entry but will probably avoid Canadian oil for a little.

BavarianBeast
A word of caution on Remdesivir. As far as I could research, it can only be applied intravenously requiring hospitalization, each dose is about US1000 and the trials are now on 5 and 10 day doses. It appears to be most effective when delivered at early onset. Most people without health coverage are not going to be able to afford this. Do your own dd as always.

[BavarianBeast]

Thanks Feuerstein, dd is new to me when it comes to biotech. I heard buzz words like earnings call and short squeeze and got excited. I usually just trade off media hype and street/fool articles. Is this not how you get rich? Help

[The_Rural_Juror]

?

[ThePenIsMightier]

?
I think he's trying to say he's well versed, but thanks, anyways.


*Aside from that DRTT purchase at about $4.4x a few months ago...
Ouch!

[The_Rural_Juror]

I think he's trying to say he's well versed, but thanks, anyways.


*Aside from that DRTT purchase at about $4.4x a few months ago...
Ouch!

Ok. I was simply trying to help. Some kind of cockiness. Perhaps I will take out a position on GILD tomorrow just for kicks. No ideal what Feuerstein has to do with this.

Edit: Ahh...I see. A newly minted MBA. Of course.

[BavarianBeast]

Sold all my stocks today. Returned 102% on my overall portfolio in 2020. Took some huge risks and reaped the rewards.

Time to unplug for 6 months and not give a fuck, good luck to everyone!!!

Sorry Juror, I thought everything on this forum was a joke. Just horsing around.

Penis, man your right, I think I lost like 20% on my dirtt position after selling everything January 30th.

I should of took that 6 month vacation and quit while I was ahead!

[BavarianBeast]

Picked up Chefs Warehouse today. Think there will be some good upside in the next couple of weeks.

Boom! That’s a lot of upside.

You guys had me second guessing my investment strategies last night. Phew

[tha_bandit]

Boom! That’s a lot of upside.

You guys had me second guessing my investment strategies last night. Phew

Good call

[ercchry]

Boom! That’s a lot of upside.

You guys had me second guessing my investment strategies last night. Phew

You still holding? Or was that big sell at 10:56am (est) you? Haha

[BavarianBeast]

Good call

Thanks!

Nope, not me! Holding on.

Some guy named FAUCI just talked up Gilead. Let’s gooooo

[tha_bandit]

let’s gooooo

lgnd!

[arcticcat522]

Hs.cn

Still time..... Maybe should move to long term thread though.

[16hypen3sp]

Still time..... Maybe should move to long term thread though.

Indeed. Thanks for telling me about this one. I told a few co workers about it. They’re happy.

[Sky]

Buy CODX, their Q1 will be released before May 15 and will blow everyone's expectations. Good for long term as well as they are selling COVID-19 test kits to over 50 countries. Do your DD. You won't see current prices again after Q1 release.

[BavarianBeast]

Tomorrow is going to be a huge day. I can hear that PT cruiser GT calling already.

[msommers]

I sure hope it will be fully loaded.

NVAX...god damn

[2002civic]

Huge in the wrong direction :(

[msommers]

Buy CODX

Hope you held! Nice pick.

[Sky]

Hope you held! Nice pick.

Bought in March. Holding all the way till Q2 release in August or if it hits my $37-$48 target. Q1 release tomorrow after market will push this to the stratosphere.

[ercchry]

God damn Powell

[msommers]

Bought in March. Holding all the way till Q2 release in August or if it hits my $37-$48 target. Q1 release tomorrow after market will push this to the stratosphere.

Quite the ride today hey

[BavarianBeast]

Nice call on codx! Where’s the 37-48 valuation come from? Pretty weak earnings today at quick glance and they don’t seem to have much to fall back on once covid is behind us. What am I missing here?

[ercchry]

Nice call on codx! Where’s the 37-48 valuation come from? Pretty weak earnings today at quick glance and they don’t seem to have much to fall back on once covid is behind us. What am I missing here?

I think you summed it up just fine? :rofl:

91471

[msommers]

There was definitely a coordinated effort to destroy this stock yesterday, probable bear raid and indirect news articles about testing being bad, contracts being cancelled but for another company to confuse people who only look at headlines. It was actually surreal. By the Fall Q2 earnings this thing will be way higher. I bought some yesterday. ABT's testing is half right, CODX is always right and they are in research phase for identifying other strains, European certified and making most of their Q1 money in March, with April and May sales being almost their entire year's revenue lol. 50 countries already have ordered. There is loads of running room here.

Also their conference call about earnings was a fucking disaster. Company says they got hacked, who knows. Sounded like a bunch of high school kids asking about the drive thru at McDicks, pretty funny .

Honestly the more I looked into this company, and after seeing their growth since January, they seem like a winner to get bought out. Their science is robust and I identify with that. As regulations ease, being able to identifying covid carriers is going to be the transition to allowing close contact again. Wouldn't be surprised if schools were allowed to open but everyone has be tested regularly to protect the population. Same with seniors centre.

The wild swings in biotech is not for the weak stomach haha

[ThePenIsMightier]

A very good friend of mine has been talking about some very generous things for us recently as he mentioned something going very well for him in the market.
He opened up a little more about it last night saying he's gone up by over 120% and he had seven figures in the market.
Fuck a duck! It gets better... He's taken the pile of cash from exiting the market in March and made this killing by essentially day trading Tesla!!
I think it's mostly luck, but he's figuring that all the robo-investing algorithms are behaving oddly during such an insane event and he's able to anticipate what the millennial cash players are doing outside of that.
I just hope he stops or has already stopped because he's not young enough to get away with taking a huge whack the other way.

[msommers]

If he had/has seven figures in the market, he must have already been doing something right. In the end, sounds like things are going well for him which is awesome to hear.

[max_boost]

Fortune favors the bold. Props to your friend.

A lot of ppl talk a big game but the only that matters is delivering the results.

I don't even bother arguing with ppl anymore, I just say - time will tell. Good luck!

[The_Rural_Juror]

Fortune favors the bold. Props to your friend.

A lot of ppl talk a big game but the only that matters is delivering the results.

I don't even bother arguing with ppl anymore, I just say - time will tell. Good luck!

I like you, BTS.

[ThePenIsMightier]

I sure hope he doesn't suddenly fancy himself infallible from this. He's far too old to be this reckless, iMO. He's talking about doing something extravagant to celebrate, so hopefully he's happy with this stack.

I wonder if part of his thinking is logical, though (regarding robots).
It seems reasonable that Wealth Simple and whatever else is active in the market would struggle dealing with such a cataclysmic event. But... How much of the money actually in the market is being managed by robots? And, why have such confidence in the decisions of another group during such radical swings?

[max_boost]

With such a large sum he can just throw it in XGRO and call it a day.

xdfeXqHFmPI

this clip never gets old. I'm trying to get there ..... eventually

If Bezos becomes a trillionaire, I will become a multi-millionaire haha

[BavarianBeast]

I’m sure you already know if your buddy is going to keep sailing or crash and burn. Fools and their money.

The key is to always be in the position of fuck you. Upgrade the fuck you level accordingly.

[ThePenIsMightier]

I’m sure you already know if your buddy is going to keep sailing or crash and burn. Fools and their money.

The key is to always be in the position of fuck you. Upgrade the fuck you level accordingly.

I suppose you are right. I can't imagine him blowing it. He's goofy intelligent and a pretty high net worth individual and he didn't make all that money from his conventional 9-5.

[The_Rural_Juror]

I suppose you are right. I can't imagine him blowing it. He's goofy intelligent and a pretty high net worth individual and he didn't make all that money from his conventional 9-5.

I know exactly who it is. It's a guy who sells real estate in Aspen. BOOM!

[troyl]

CPG up 40%, CVE ~20%. Hate when the CAD markets are closed for days like today.

[BavarianBeast]

Houston we have lift off

[msommers]

UCO up 15% today. 'Apparently' demand is increased by a c*nt hair and that is enough to signal a glut reversal? I clearly don't understand this market and open to hearing from more experienced peeps.

Airlines are parking or dumping aircraft, which before were basically flying empty to keep flight schedules. Are factories more-or-less back to operating normal-ish that there is a demand again?

Have no dollars in it since I have zero indication of what I thought would make sense by now.

[riander5]

There was definitely a coordinated effort to destroy this stock yesterday, probable bear raid and indirect news articles about testing being bad, contracts being cancelled but for another company to confuse people who only look at headlines. It was actually surreal. By the Fall Q2 earnings this thing will be way higher. I bought some yesterday. ABT's testing is half right, CODX is always right and they are in research phase for identifying other strains, European certified and making most of their Q1 money in March, with April and May sales being almost their entire year's revenue lol. 50 countries already have ordered. There is loads of running room here.

Also their conference call about earnings was a fucking disaster. Company says they got hacked, who knows. Sounded like a bunch of high school kids asking about the drive thru at McDicks, pretty funny .

Honestly the more I looked into this company, and after seeing their growth since January, they seem like a winner to get bought out. Their science is robust and I identify with that. As regulations ease, being able to identifying covid carriers is going to be the transition to allowing close contact again. Wouldn't be surprised if schools were allowed to open but everyone has be tested regularly to protect the population. Same with seniors centre.

The wild swings in biotech is not for the weak stomach haha

Took a swing after Sky's recommendation, Covid related, check. Chart looked primed, check.

Bought some 20 dollar calls two weeks ago or so expiring last friday for 35 cents a piece. They touched 11 dollars the day before the crash! around 3000% gains. Sold some along the way up, sold a few at the top, and held some to sell last friday. Wild Ride!

[The_Rural_Juror]

Nice YOLO! Congrats!

[BavarianBeast]

Just bought badger daylighting $28.66 and Neogen $67.20.

[ExtraSlow]

Badger was a really solid company when I looked at em a few years ago. Probably comfortable holding that longer term.

[msommers]

Chinese Oil Demand Almost Back to Pre-Crisis Levels (6:34 a.m. NY)

China’s oil demand is all but back to levels last seen before the imposition of a national lockdown, according to people with inside knowledge of the country’s energy industry.

China is the world’s second-largest oil consumer, behind the U.S., and the country’s quick turnaround has helped tighten the petroleum market sooner than forecast. West Texas Intermediate crude, which a month ago plunged below zero, surged on Monday above $30 a barrel.

In a remarkable turnaround after Chinese demand dropped by about 20% after the February lockdown, consumption of gasoline and diesel has fully recovered as factories reopen and commuters drive rather than use public transport, these people said.

https://business.financialpost.com/pmn/business-pmn/u-s-cases-slow-trump-backs-sports-for-psyche-virus-update

[BavarianBeast]

Badger was a really solid company when I looked at em a few years ago. Probably comfortable holding that longer term.

Yeah, I’ll be happy to hold for a year or two. Same with Neogen.

Looking at buying an airline and thinking either Alaska or Allegiant.

[ThePenIsMightier]

Badger was a really solid company when I looked at em a few years ago. Probably comfortable holding that longer term.

Wow, they haven't been bought by Clean Harbours or CEDA, yet? I thought I recalled massive consolidation in that industry.

[max_boost]

Is this the start of the cannabis rally comeback? $6.1-7.95 HMMJ 30% in one week got me giggity. Still bag holding but a gambler getting back some losses is a wonderful feeling. That Nasdaq also so strong. Never fails. Feeling hopeful. Just wanna exit some risky positions before the inevitable crisis/crash? China? Some debt crisis? Idk what say you ZenOps

[Rat Fink]

.

[16hypen3sp]

I have been reluctant in posting my latest trade. I bought MIR at .11 and sold half at more than double. I have been riding free shares for a long time now and the hyped up pile of crap keeps climbing. I'll likely sell completely at FDA approval news. This COVID junk is basically our Cannabis 2.0 run that never happened. Chasing the next Thneed. This bullshit is hilarious

Bought MIR at 0.098. I'm rich!!!! Also been riding free shares. Sold some today. Waiting for FDA but I dunno.... seems like this is a buy the rumor, sell the news type thing.

[vengie]

I have been reluctant in posting my latest trade. I bought MIR at .11 and sold half at more than double. I have been riding free shares for a long time now and the hyped up pile of crap keeps climbing. I'll likely sell completely at FDA approval news. This COVID junk is basically our Cannabis 2.0 run that never happened. Chasing the next Thneed. This bullshit is hilarious


Bought MIR at 0.098. I'm rich!!!! Also been riding free shares. Sold some today. Waiting for FDA but I dunno.... seems like this is a buy the rumor, sell the news type thing.


nice work! congrats guys :thumbsup:

[16hypen3sp]

nice work! congrats guys :thumbsup:

lol, ok now it's just straight up out of control. 0.72 right now.

[Rat Fink]

.

[D'z Nutz]

lol, ok now it's just straight up out of control. 0.72 right now.

"Look closer Lenny.... 14 karat gold Cookie Monster suit!"

[16hypen3sp]

I just sold a bit at .74 to de-risk. I'll probably be pitching the rest tomorrow and onto the next piece of shit

Yah I'm tempted to sell the rest of my position and move on.


"Look closer Lenny.... 14 karat gold Cookie Monster suit!"

lol, I should bling that suit out!

[Rat Fink]

.

[16hypen3sp]

Just sold another 10k shares and scored .80 and .81 for them hahaha this is stupid

hahahahaha!!!! this is fucking NUTS!!!!!! just sold some more at .84!!!! I want a dollar by EOD and I'd sell another 1000 shares.

[Rat Fink]

.

[max_boost]

Props fellas. Fortune favours the bold!

[16hypen3sp]

Pretty fun selloff in the end. I bought 20k at .65 and sold 30 seconds later at .67 for a quick $400. Only holding 20k left.

Yah that was some straight up profit taking by the big boys at the end. Can't really blame them. You have a fuck load more shares than I. I only have 2200 shares left. I only bought $999.99 worth when I first jumped in. I bought a little bit more yesterday when it was at .47.

[Rat Fink]

.

[16hypen3sp]

Out at .79 this morning

Nice man. All done? Congrats on those sweet gains. I have a sell order in at $1. Might be wishful thinking unless something drastic happens. Happy to be a part of that run yesterday tho. That was fun!

[16hypen3sp]

Oh fuck here we go. It's halted. FDA approval? Rejection? Stay tuned! Pray for me!!!

[Rat Fink]

.

[rx7boi]

Nice gains guys. Super happy for ya!

The only fun I get to have is putting a chunk into XQQ today lol.

[16hypen3sp]

It already got approval in Europe so it's probably FDA approval. I'm out completely but will cheer from the sidelines.

Damn. NR was official Webb partnership and initial order of units for $3.5M.

Not bad but would be better if it came along with FDA.

[BavarianBeast]

Just bought badger daylighting $28.66 and Neogen $67.20.

Neogen a sleeping giant

[max_boost]

Nice gains guys. Super happy for ya!

The only fun I get to have is putting a chunk into XQQ today lol.

I sold at 70 lol Waiting to get back in

[rx7boi]

I sold at 70 lol Waiting to get back in

How come you sold? My intent has always been a long term hold with XQQ but I totally get the caution around the current market.

That said, if/when a second COVID wave hits, I'm sure there will be additional buying opportunities.

[max_boost]

How come you sold? My intent has always been a long term hold with XQQ but I totally get the caution around the current market.

That said, if/when a second COVID wave hits, I'm sure there will be additional buying opportunities.

Just a gut feel lol made some good gains as I bought a bunch in the 60s and 50s! Next meltdown I think I am gonna go long and just sit on everything. Even sold out of some HMMJ at 8.33 as I picked some up in the low 7s.

Sitting on about 1/3 cash atm.

[The_Rural_Juror]

I am surprised that max_boost does not hold any DKNG.

[16hypen3sp]

SONA is flying today. Must be something cooking.

[The_Rural_Juror]

Trump speaking right now. Hung Kong!

[16hypen3sp]

Has anyone ever had their account go from a normal investment account to a margin account? I'm with RBC Direct Investing and I got a notification two days ago that an inquiry was performed on my credit history. I looked and found that RBC Direct Investing checked my credit. Today I noticed that my normal investment account has been changed to a Margin account.

Just wondering what all that means and what I need to look out for.

EDIT: I'm an idiot.... I forgot I sent paperwork in that enables Options trading within this account.

[BavarianBeast]

Picked up Chefs Warehouse today. Think there will be some good upside in the next couple of weeks.

Sold position today for 27% gain. Moved money into ALGT @109.96

[BavarianBeast]

Gotta love scrolling through a sea of green

Picked some BDT- TSX up @ $6.22 to collect that sexy dividend

[JRSC00LUDE]

Neogen a sleeping giant

BavarianBeast what is the thought criteria for that?

[max_boost]

BavarianBeast what is the thought criteria for that?

He makes money. He loves the green and while I am not fact checking him, I love how he calls his shot and then boom the proove is in the pudding. haha

[BavarianBeast]

I think Neogen is a sleeping giant for a couple reasons;

- $3.8Bn market cap and nobody talks about them. Some message boards haven’t posted since 2004
- steady revenue growth for 28 years in a row, relatively steady net profits, strong balance sheet
- solid management team that I believe in
- should be increases in the safety surrounding food processing and handling of animals and should drive growth even further

But what do I know, just throwin darts

[ExtraSlow]

Is 64 a good P/E?

[killramos]

Is 64 a good P/E?

Earnings are a meaningless number when it comes to investing. Look at Tesla. Or the Canadian Oil Patch.

[ExtraSlow]

Earnings are a meaningless number when it comes to investing. Look at Tesla. Or the Canadian Oil Patch.
And even more meaningless when you are day trading. I should keep that filthy talk out of this thread.

[msommers]

Earnings, theoretically, if very positive should encourage investors to buy. Vica-versa for poor earnings. From what I've seen at a high level, it seems to go the opposite way expected or do nothing. Get everyone amped up the week before earnings and then sell the day before. But I'm admitedly very new at this and learning lots.

[BavarianBeast]

I usually enjoy simply wall streets articles.

Here is a good summary on Neogen and P/E from 6 weeks ago.

https://apple.news/AtaK-SPQ1S0KHnin054Qn-A

[max_boost]

Nice gains guys. Super happy for ya!

The only fun I get to have is putting a chunk into XQQ today lol.

Solid solid ath now! How you gonna celly? lol Appletini with pinky up?

[mr2mike]

SRNE looks like it could go on another run up.
More news about a second Covid-19 antibody in the works.
FDA will fast track both so hopefully a nice run coming up.
They lag behind MRNA and INIO

[The_Rural_Juror]

DEAL ALERT!!!! Patagonia Vest in Logwood Brown is on sale for $62.50. Only XS and S left.

92043

92044

[ExtraSlow]

I think those are asian-only sizes, and as a repressed 4o-year old white man, I cannot wear that.
92045

[adam c]

I think those are asian-only sizes, and as a repressed 4o-year old white man, I cannot wear that.
92045

Reminds me of being in Asia where they never had my size and had to check in the back

[rx7boi]

Solid solid ath now! How you gonna celly? lol Appletini with pinky up?

Yoooo nice.

I was tempted to sell some passive ETF positions knowing there was likely gonna be a pullback on Monday.

Best part of having a larger portfolio is even 1-2% gains make you feel like a baller :rofl:

[The_Rural_Juror]

Best part of having a larger portfolio is even 1-2% gains make you feel like a baller :rofl:

How many Patagonia vests do you have on right now?

[ExtraSlow]

Best part of having a larger portfolio ***humblebrag***

[rx7boi]

Larger's all relative.

I don't have 7.2 mil, I'll tell you that.


How many Patagonia vests do you have on right now?

Too rich for my blood. I eat McDouble combos instead of double meat subs like ExtraSlow.

Do knockoff Gucci fannypacks count?

[The_Rural_Juror]

McDoubles were double meat sandwiches that were discontinued in 2008 due to rich people not being able to afford them anymore after the financial crisis.