Official Short-term Investments Thread

[Disoblige]

Originally posted by bball2
For anyone who follows r/wallstreetbets and inverse FS Comeau, I made a small bet on AAPL:

Feb 17,17 calls @ 124
Feb 24, 17 calls @ 122

Up 70% right now lol, that guy lost like 90% of his PUT bet I think

Confirmed fake unfortunately.

[dandia89]

Originally posted by Disoblige

Confirmed fake unfortunately.

his reaction (he live-streamed it) when they released the earnings report was so fake too.

[jacky4566]

With Oil so steady I hope this is the bottom for BTE and MEG.

Also does anyone know when we get more news on Cannabis in Canada? The next positive news should send ACB rocketing again.

[quick_scar]

Originally posted by jacky4566
With Oil so steady I hope this is the bottom for BTE and MEG.

Also does anyone know when we get more news on Cannabis in Canada? The next positive news should send ACB rocketing again.

I think BTE and MEG have a bit more to go. Targeting an entry beginning of next week I think.

Im hoping the next ACB announcement is going to be shipping of their oils has started. I don't think we will get much from the Feds for a few months.

[ercchry]

Wasn't it march or April that the fed is supposed to have a legalization plan in place?

[littledan]

I'm pretty sure they will table the legislation in the HoC on 4/20. Probably looking at early 2018 as the earliest for recreational. ACB just had a private placement of shares @2.25 that dropped the stock down from the $2.70 range. I was planning on taking some profit the day before but my sell price target missed by $0.04

Just added to my position @ $2.28 and will start unwinding my position once the stock moves back in to the $2.50 range and will continue taking profits on the way up hopefully. I think my average cost on all of my ACB position is around $1.75 so i'm hoping it can get back up around $3 over the next two months.

oh if I could just go back in time when I started buying these shares at $0.90 and just HELOC that shit i'd be mortgage free this summer...

[bball2]

Originally posted by bball2
For anyone who follows r/wallstreetbets and inverse FS Comeau, I made a small bet on AAPL:

Feb 17,17 calls @ 124
Feb 24, 17 calls @ 122

Up 70% right now lol, that guy lost like 90% of his PUT bet I think

Too bad I made such a small bet on it; eased out of all my positions for a 350% gain in 48 hours

[Vanish3d]

do we have a breakout in miners?

[riander5]

Good few days for me in PLX

praise the sun

[SilverRex]

Originally posted by Vanish3d
do we have a breakout in miners?

its possible, but my strategy is to either wait until it makes a new high for both gdx/gold or a new low lower than last week before doing anything in addition to my current holdings.

personally im just watching and waiting for the huge breakout move on gpl and fcx

speaking of gpl, will see if it is ready to breakout from a month long consolidation or perhaps one more wave e.

[SilverRex]

not sure anyone is playing Uranium, but after a huge rally, it has been in correction mode.

i am waiting for a lower wave c and will try to pick up a position under 14.00 in Cameco Corp

[Disoblige]

So excited tomorrow for NG and gold miners. Will play accordingly to report tomorrow for NG play, potentially more downside using the inventory report as a catalyst.

And waiting to get back into JNUG again, hopefully we can see DXY break 99.44 and gold break 1220+!

And then after tomorrow, China's back

[bball2]

Gold and oil both looking strong this morning

[Disoblige]

NG report was pretty close to expectation, looks like NG is bouncing a little bit.
Reaction isn't too huge, but currently favors the bulls.

[Mostwanted]

I just started in trading, and I have been watching all your guys's trades and picks, Studying how these charts move and etc..

But can anyone that is trading PULM explain why it has been on a going up-trend? Yesterday it ended with >$1 over the previous close, and today its rallying over 3$ from last nights close.

Any indication on how and why this chart is moving like this? Looking back 30 day chart it had a "Cup & Handle" movement throughout January and had a break out yesterday and today.
If anyone has a pretty good explanation of how and why this breakout happened, i can further study this Stock and see if I can apply it to some other stocks ive been watching

[SilverRex]

miners still looks to be underperforming relative to gold's recent strength. the breakout is begining to look like ahead fake. and the wave B bounce follow by wave C to a lower low remains on the table.

i probably wont chase here unless gold can produce a weekly close above 1221 until then my personal preference is still would like to see miners sell off into a good entry point.

[ickyflex]

Wish I got Freshii

[Mostwanted]

Originally posted by ickyflex
Wish I got Freshii

Me too

[mr2mike]

Originally posted by Mostwanted
I just started in trading, and I have been watching all your guys's trades and picks, Studying how these charts move and etc..

But can anyone that is trading PULM explain why it has been on a going up-trend? Yesterday it ended with >$1 over the previous close, and today its rallying over 3$ from last nights close.

Any indication on how and why this chart is moving like this?

This sounds like a "Mar: Help me become a Day trader" thread.
It is hype.

My advice, start with not trading highly volitile stock.
74% gains in a day = you're gonna have a bad time.

[secol]

i don't understand freshii.....their stuff is overpriced and yet people still line up for them at lunch. i don't even find their food that good (tried the noodle bowl there once. never again. they used the linguine shaped rice noodles and they were refrigerated for a while so the texture was crumbly)