**OFFICIAL** Trading and Investing Thread- Part -X-

[blackfromdead]

Any of you guys playing Lithium?

Got in NRG Metals(NGZ) @ 0.40. They just released their first samples. Results look decent, with Lithium concentration increasing as depth increases. Thinking of adding some more shares after this sell off.

Aren't you an oil guy? How is the market looking down there at producer level?

[Venom08]

Just sold half of my SNAP calls for a three bag profit. It's had a great run so far and I still see plenty of upside, but never a bad idea to just take profits here and there.

[Venom08]

Damn, just checked SNAP and that thing is on a tear. My calls actually are ITM right now lol. Up over 6% and I sold when it was up only 2%.

[dopamine72]

^ still made the correct move imo bro, you stuck to the game plan, didn't get greedy and took fast gains. Great move, you're doing it right! + it coulda gone down just as fast, pretty volatile stock right therre lately...

You could always put up a stop loss too, that enabled me to get larger than normal returns a few times this year i.e. 37% on a 5 day trade

Where my UGAZ brahs @!!!!!!!!!!

Selling @ 9.50ish or might throw in another stop loss

CAN weed stocks rallying again!!!!! OH yeahhhh babyyyy!!!!!

[omnip0tent]

CAN weed stocks rallying again!!!!! OH yeahhhh babyyyy!!!!!

Yes wish I woulda bought more ACBFF when it was in the low 5's.

And I kick myself everyday for only buying $100 worth when it was $1/share... insteaf of $1,000 -_-

[WhAtNoWbChSs]

^ still made the correct move imo bro, you stuck to the game plan, didn't get greedy and took fast gains. Great move, you're doing it right! + it coulda gone down just as fast, pretty volatile stock right therre lately...

You could always put up a stop loss too, that enabled me to get larger than normal returns a few times this year i.e. 37% on a 5 day trade

Where my UGAZ brahs @!!!!!!!!!!

Selling @ 9.50ish or might throw in another stop loss

CAN weed stocks rallying again!!!!! OH yeahhhh babyyyy!!!!!

Still holding. Not looking too good. The smartest traders I'm following all seem to be bearish. Might be time to throw in the towel on NG for awhile. She's not called the widow maker for nothing. 9.50 could be a distant memory if this $hit keeps up.

[dopamine72]

Still holding. Not looking too good. The smartest traders I'm following all seem to be bearish. Might be time to throw in the towel on NG for awhile. She's not called the widow maker for nothing. 9.50 could be a distant memory if this $hit keeps up.

tru

we'll see im keeping close eye

lemme know wwhat you do bro

so far im holding all today

[Bavaria]

Aren't you an oil guy? How is the market looking down there at producer level?

Things are slowly, very slowly, starting to go in the other direction now. My site got the approval for a $250m co-generation plant this past year which seems to have reversed the purse tightening mentality.

All mega-projects are still dead and most likely will remain that way. We currently have a fairly anti-business provincial & federal governments which is causing most companies to shift capital elsewhere. I don't suspect we will see another boom for years, if at all. Every company in the oil sands has decided to 'Design one, build many', where they expand by building small expansions rather than big projects. Most capital expenditures right now are only the projects that have to be built due to new gov regulations, lease agreements, or maintenance needs.

In Alberta we have our last two big projects (Suncor's Fort Hills and CNRL's Redwater Refinery) coming online at the end of this year and early next year. After that there is nothing besides maintenance turnarounds and smaller expansion projects. I can't see the market returning to balance until ~2020.

Our newest asset, Kearl Lake, is a blackhole. Upstream producers are bleeding money at these prices. Doesn't help that we're severely handicapped because of our pipeline issues.

[Venom08]

Half the posts ITT used to be about gold, where'd they go?

[WhAtNoWbChSs]

Half the posts ITT used to be about gold, where'd they go?

I'm interested in it. Do you think silver is close to bottoming here?

[chalup]

Anyone do penny stocks and see CCTL today? Craziness.

https://www.marketwatch.com/investing/stock/cctl

Made 1300 in 3 hours after holding onto it at 0004 for 1 month.

[WhAtNoWbChSs]

Maybe PM are set to collapse as economies now seem to be picking up a lot of steam and/or big money is now flowing out of PM into btc.

[Mlinebacker0]

Did y’all see this about the Senate tax bill? If they don’t get rid of this in the house I will not be happy.

https://www.wsj.com/articles/small-i...sal-1512988201

“Under the Senate’s $1.4 trillion tax overhaul, investors would lose the ability to choose which shares they can sell to reduce a position. Instead, investors selling partial stakes in a company would have to unload their oldest shares first, a process known as selling on a “first-in, first-out” basis.”

[WhAtNoWbChSs]

Did y’all see this about the Senate tax bill? If they don’t get rid of this in the house I will not be happy.

https://www.wsj.com/articles/small-i...sal-1512988201

“Under the Senate’s $1.4 trillion tax overhaul, investors would lose the ability to choose which shares they can sell to reduce a position. Instead, investors selling partial stakes in a company would have to unload their oldest shares first, a process known as selling on a “first-in, first-out” basis.”

What the fuk??? What's the point of that?

[Mlinebacker0]

What the fuk??? What's the point of that?

I read that it would create like 2.4 billion in tax revenue? Not sure exactly what it was but the point remains, increase in tax revenue. And it only applies to individual investors. Mutual funds lobbied against it successfully, we aren’t so lucky.

[WhAtNoWbChSs]

I read that it would create like 2.4 billion in tax revenue? Not sure exactly what it was but the point remains, increase in tax revenue. And it only applies to individual investors. Mutual funds lobbied against it successfully, we aren’t so lucky.

I usually sell everything when I exit a position anyways and i'm in Canada so whatever.

It does seem retarded tho.

I'm trying to think of worse case scenario....

buy company 100 shares at 80 dollars.

company drops to 40, you buy another 100 shares.

200 shares, cost base of 60.

lets say company goes up to 65 and you want to sell only 100 shares. you're forced to sell 80 cost block.
leaving 6500 in cash. and 100 shares at 40.

Doesn't seem that great... or does it not make that much of a difference? They're definitely making it more complicated and annoying.

[WhAtNoWbChSs]

No wait. The worst would be the opposite of that. forced to sell the 40 dollars shares at 65 and left bagholding the 80 dollar block.

[RobParks2M]

No wait. The worst would be the opposite of that. forced to sell the 40 dollars shares at 65 and left bagholding the 80 dollar block.

Yep. Would impact those who bought shares low then bought more as the share price goes up.

EDIT:
12 hour day just got home. My 170 Apple calls are nearly triple bagz and my 175's are nearly break even and that is without any news on tax reform whatsoever. Might sell tomorrow at open and rebuy for week before or week after christmas. Seems tax reform isn't likely to hit Trump's desk till potentially the 22nd. Not a bad day

[WhAtNoWbChSs]

Looks like it's almost time to dump VZ. Stupid momentum loving algos piling in. Give me a couple more bucks and I'm gone.

[WhAtNoWbChSs]

Did anyone call UGAZ investor relations yet? CEO needs to answer for this $hit.

[S.T.A.R.S.]

Did anyone call UGAZ investor relations yet? CEO needs to answer for this $hit.

he's out on winter vacation

[WhAtNoWbChSs]

he's out on winter vacation

Did you sell?

Thank god I only have 150 shares.

Dunno what to do at this point. Probably time to cut the loss and move on.

[slo0tPatrol]

Bought RIOT at $18, now at $30. I'd get in on this while you can boyos

[Humungus]

Bought RIOT at $18, now at $30. I'd get in on this while you can boyos

Had an order last week in the 13s that barely missed.

You out yet? Backing off highs here.

[slo0tPatrol]

Had an order last week in the 13s that barely missed.

You out yet? Backing off highs here.

Gonna hold it for a bit longer, some think it can get to $35, ive seen $50 too.

[S.T.A.R.S.]

Did you sell?

Thank god I only have 150 shares.

Dunno what to do at this point. Probably time to cut the loss and move on.

nope still holding.

[Gayford]

I am putting a buy in for AT&T (T) in the morning. I have wanted to slow down on options investing so I am planning to take a 4 - 6 month position. Maybe catch a few dividend payments and there is some growth potential as well.

Yall think it is a good move? Target sale price would be $39

It's on the move today boyos. One way ticket to gainz town.

[Slamt]

Seeing strong side call action in VZ T and TWX today

Along with Feb puts in NFLX and FB

Think net neutrality results is already known.

Im short FB

[GabrielNovar]

just scooped up a decent junk of BCH feels amazing to transfer funds quick lol

ETH is slow asssasss fukkk

edit: GBTC>..foorkkkkk


Also anyone in bios? Getting some EDIT. Looks like 2018 might be the year of crspr

[dopamine72]

^

Still holding UGAZ also bros

what a disaster

my only bad play so far and not sure what to do

its gotta go back up to at least 8 theres no way

ugh.....finally experiencing what it feels like to get ****ed lol