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  1. #391
    awol 1cav's Avatar
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    Originally Posted by RobParks2M View Post
    Yes, Block chain technology is impressive and has a lot of uses which have yet to be utilized to the fullest. These "coins" which use the underlying system are not particularly impressive and quite frankly will be overshadowed by other such systems that make other coins useless. Just look at what ethereum has done to bitcoin. And the general public just herps and derps and buys the latest coin and tries to hold it until they start losing money then panic sell. I didn't say people wouldn't make money, just that the general public will tend to lose more than make.
    Ethereum hasn't done anything to Bitcoin. They are running parallel with different intents and purposes.

    I also think that blockchain is not yet on a public level of awareness. Once your grandma or 12 year old nephew talks about buying Ethereum or Bitcoin like AAPL, then it's time to sell.

  2. #392
    mad hatter RobParks2M's Avatar
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    Originally Posted by 1cav View Post
    Ethereum hasn't done anything to Bitcoin. They are running parallel with different intents and purposes.

    I also think that blockchain is not yet on a public level of awareness. Once your grandma or 12 year old nephew talks about buying Ethereum or Bitcoin like AAPL, then it's time to sell.
    ...You should see how many posters have accidentally wandered into this thread talking about cryptos in the last couple weeks. I should think that would about be the equivalent of what you are looking for. I legitimately called it before the big downturn before the SEC or whatever blocked the altcoin Winklevoss ETF decision. Look page a couple pages (or in the previous rendition of this thread on the last couple pages.)


    EDIT:

    Top buy for this week? Looking at:
    GDX -Play on dollar weakness
    XLE - Bet on oil remaining profitable/dividend remains intact
    DB -Value play?
    TGT - long term play assuming there will be a sector bounce at some point later on.
    Last edited by RobParks2M; 03-26-2017 at 09:48 PM.
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  3. #393
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    any brahs on dat NAKD time...looking joocy at 2.30 with merger expected next month.

  4. #394
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    ENTA daily




    Buying calls
    Last edited by thetrebel; 03-26-2017 at 10:10 PM.
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  5. #395
    Registered User thetrebel's Avatar
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    another long play

    no options available tho

    CMT daily

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  6. #396
    born to roam WhAtNoWbChSs's Avatar
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    Buying more TGT @ 50. Maybe wont get there.
    You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.

  7. #397
    mad hatter RobParks2M's Avatar
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    Originally Posted by thetrebel View Post
    ENTA daily


    Buying calls
    Perhaps you see something short term, but to me all I see in the announcements from ENTA is hep C shiet which is nearly worthless. Gilead has the market on HepC drugs and it is curing everyone with it (epclusa FTW). Once the baby boomers with hepC either die off or are cured the market is obviously going to dry up. Any company still wasting money in that sector should be shorted at this point. This is a big piece of why Gilead stock has been dropping.
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  8. #398
    Registered User newb123's Avatar
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    Do you guys have a certain market you focus on and choose your stocks from there?

  9. #399
    Registered User thetrebel's Avatar
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    Originally Posted by RobParks2M View Post
    Perhaps you see something short term, but to me all I see in the announcements from ENTA is hep C shiet which is nearly worthless. Gilead has the market on HepC drugs and it is curing everyone with it (epclusa FTW). Once the baby boomers with hepC either die off or are cured the market is obviously going to dry up. Any company still wasting money in that sector should be shorted at this point. This is a big piece of why Gilead stock has been dropping.

    I'm a simple man bubah I buy what goes up, and sell what goes down
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  10. #400
    Registered User thetrebel's Avatar
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    Strong open lmao
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  11. #401
    Registered User Slamt's Avatar
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    Originally Posted by thetrebel View Post
    Strong open lmao
    bought the dip in twtr bidu fcx xom

    fk it lets ride

  12. #402
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    Originally Posted by Slamt View Post
    bought the dip in twtr bidu fcx xom

    fk it lets ride
    "I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."

  13. #403
    born to roam WhAtNoWbChSs's Avatar
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    why is fcx down 5%. Happy Monday?
    You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.

  14. #404
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    Originally Posted by WhAtNoWbChSs View Post
    why is fcx down 5%. Happy Monday?
    FCX as well as other industrial miners are down today due to concerns about Trump's ability to get his infrastructure spending plans through Congress.

    If the failure to get the AHCA through a Republican majority Congress is indicative of the viability of future legislation, it could result in a further drop in the industrial mining sector. Ultimately I think that his tax cut proposals and infrastructure spending bills will be approved, likely with bipartisan support to boot

    I'm buying the dip

  15. #405
    God loves you Venom08's Avatar
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    Markets are giving a topping out pattern which leads me to believe it's time to retest significant support levels before advancing to ATHs. I bought SPY 227puts at 0.65 while it was 233.6.

  16. #406
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    Originally Posted by Venom08 View Post
    Markets are giving a topping out pattern which leads me to believe it's time to retest significant support levels before advancing to ATHs. I bought SPY 227puts at 0.65 while it was 233.6.
    Not this time. Maga train forking backed up and pissed off now. Gonna steam roll everyone

  17. #407
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    Originally Posted by Slamt View Post
    bought the dip in twtr bidu fcx xom

    fk it lets ride
    How much cash you put down on those?

    Tempted to follow but going to have too much cash tied up if I do.
    You can walk outside and listen to all kinds of talk, get told you're a god or a total bastard. The iron always kicks you the real deal. It's the great reference point, the all-knowing perspective giver. I have found it to be my greatest friend. It never freaks out on me, never runs. Friends may come and go. But 200 pounds is always 200 pounds.

  18. #408
    14/F/Cali johnnyboi123's Avatar
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    CBR at .32 fuuuark

    so tempted

  19. #409
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    Originally Posted by GabrielNovar View Post
    Not this time. Maga train forking backed up and pissed off now. Gonna steam roll everyone
    I think everything hinges on the French elections in May. Le Pen is gonna win and that'll destroy the EU and our markets will rally. But first we need a sell-off and that's what the market seems to be charting. This bounce in the Euro is much necessary in order to create the energy for the collapse following her victory.

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    Gab mobile payment company square... thoughts?

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    Originally Posted by WhAtNoWbChSs View Post
    How much cash you put down on those?

    Tempted to follow but going to have too much cash tied up if I do.
    i am max position long right now

    most money tied up to long term calls in fcx, smaller on twtr/xom.

    bidu smallest weekly position.

  22. #412
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    How many hrs a day do you guys spend on stocks? Seems like everyone here is an expert.

  23. #413
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    Originally Posted by newb123 View Post
    How many hrs a day do you guys spend on stocks? Seems like everyone here is an expert.
    I work for an investment bank in M&A, so stocks aren't exactly my primary focus but I keep up to pace. I really do the minimum outside of work in terms of actually trading, I just set up long term investments because I am obligated by law to disclose my occupation and get any personal trades I do precleared by compliance. Conflict of interest and the like are a bitch and it isn't worth risking my job or worst case, prison for.

  24. #414
    mad hatter RobParks2M's Avatar
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    Originally Posted by newb123 View Post
    How many hrs a day do you guys spend on stocks? Seems like everyone here is an expert.
    15-30 minutes a day max. Check market when I wake up or at open, check at noon, and usually around close. If I find something interesting or worth looking in to I'll take the time later at night. Using the app on my phone makes everything super easy so I don't spend much time during the day. But doing this every day for a year or 2 you start to get a decent idea of where certain companies are.

    However I'll end up wasting 1-2 hours in a day if I am trying to get into a trade or get out and looking for enter/exit points. Or if there something that will cause a big move I'll try and keep an eye on things since I don't use stops like I should.
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    Originally Posted by CoreMaster75 View Post
    Canada to legalize weed by July 1st, 2018. Riding the rocket to the moon
    It was already legal in at least 1 province no?
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    Originally Posted by RobParks2M View Post
    It was already legal in at least 1 province no?
    Honestly don't know, of course it's been legal medically for a while. However, it's slated to be legalized recreationally next year for the entire country, with legislation being put out in the next 2 weeks. Needless to say, this is going to be a massive market if it takes off. Not only that, but one of the main companies (Canopy Growth, Ticker WEED and OTC:TWMJF) already has partnerships and is shipping it to Brazil, Australia, and Germany.

    IMO, it's worth looking into, the stock value is still relatively low at this point(was higher a couple months back, should recover nicely now that legalization is nearly formally announced.)

    http://time.com/4714169/canada-marij...ustin-trudeau/
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    I'm still confused by the ex dividend and record date.

    I sold RGR. settled on the 17th.

    RGR ex date 15th, record 17th.

    Do I get it?
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    Originally Posted by WhAtNoWbChSs View Post
    I'm still confused by the ex dividend and record date.

    I sold RGR. settled on the 17th.

    RGR ex date 15th, record 17th.

    Do I get it?
    if you sold on (which I'm guessing you did) or after the ex dividend date you get it.
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    Originally Posted by CoreMaster75 View Post
    Honestly don't know, of course it's been legal medically for a while. However, it's slated to be legalized recreationally next year for the entire country, with legislation being put out in the next 2 weeks. Needless to say, this is going to be a massive market if it takes off. Not only that, but one of the main companies (Canopy Growth, Ticker WEED and OTC:TWMJF) already has partnerships and is shipping it to Brazil, Australia, and Germany.

    IMO, it's worth looking into, the stock value is still relatively low at this point(was higher a couple months back, should recover nicely now that legalization is nearly formally announced.)

    http://time.com/4714169/canada-marij...ustin-trudeau/
    That one seems like the best play... Weed is going to be massive, however they all seem to have dilute the fork out of shareholders, have so many shares outstanding...and each one always has a problem

    Canopy selling sheeety weed for high prices.

    I think ACBFF has the best quality, but again all their finances don't like up.

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