The Investment Thread (4 Viewers)

[SaintInBucLand]

Green. Woohoo

Looks like it was in response to a new SEC filing. Someone bought 4.5 million shares and just reported it

Don't get caught bag holding this one..

 

[Turfie]

Don't get caught bag holding this one..

I plan on holding this one until the Buy Buy Baby spin off happens. Or if it’s sold outright to eliminate all BBBY debt.

 

[SaintInBucLand]

Feels good to have caught a big one. I got $13 Snap Puts right at the end of the market and their numbers were awful. Down more than 25% after hours.

 

[Tapxe]

Came across my twitter feed. No clue on if it's legit so do your diligence.

 

[bclemms]

Feels good to have caught a big one. I got $13 Snap Puts right at the end of the market and their numbers were awful. Down more than 25% after hours.

I had limit orders in for puts that didnt get picked up. Today wasnt my day. Cut my opening bell losses in half by end of day and repositioned with puts. Booked 14% over the last two weeks.

I think the next two weeks get dicey.

 

[SaintInBucLand]

I had limit orders in for puts that didnt get picked up. Today wasnt my day. Cut my opening bell losses in half by end of day and repositioned with puts. Booked 14% over the last two weeks.

I think the next two weeks get dicey.

I started getting trounced around 1pm and just hung it up for a bit. Then decided I would feel safer with the SNAP puts and bought into some SPXS for next week, something a bit easier to get out of if the market bumps higher, but if it drops hard on more bad guidance from more social media companies then it pays off.

 

[Turfie]

TBLT has had 138 million shares traded in the last 8 days.

The total number of outstanding shares (reported by Yahoo) is 2.1 million.

75 million more shares traded yesterday. The entire float has been traded 200x in the last 9 days.

 

[Turfie]

Good lord. It’s been a 4-5x bagger in the last 30 days or so.

 

[SaintInBucLand]

Meme stocks getting hammered today. AMC, GME and BBY all down 5% or more.

 

[Saint_Ward]

SNAP is getting hammered after dismal earnings. It's taking down most of Tech too, due to concerns about weak ad environment.

Now, I get that, it will affect the top line of most digital companies, like Google, however, Google is also the one most likely that people will stick with, since everyone uses it. Also, Google spends so much on R&D, but lately have focused more on extracting some profit, so I think they have some levers to pull to take a potential revenue drop and actually create a profits increase. We shall see.

 

[Turfie]

Meme stocks getting hammered today. AMC, GME and BBY all down 5% or more.

Probably a good little swing opportunity for those into that. I think GME and AMC will creep up this afternoon to get closer to the max pain.

 

[bclemms]

Risk off. Rally looks to have filled to SPY 400 and we are likely about to go test lows over the next couple of weeks. Vix play probably really good here. SPY and COIN puts I bought yesterday are cranking and I trimmed so much stock that every tick down is looking great.

Natural gas play has been easy money but it may be forming a double top if it doesn't break out. If double top forms I'm selling and will hop back in at a cheaper price. I think it has a ton of room left to run given the situation between Russia and EU.

 

[SaintInBucLand]

Risk off. Rally looks to have filled to SPY 400 and we are likely about to go test lows over the next couple of weeks. Vix play probably really good here. SPY and COIN puts I bought yesterday are cranking and I trimmed so much stock that every tick down is looking great.

Same, plus my snap puts this morning were huge. Made an already decent week even better.

I wonder if we test the lows in the spy. In the coming weeks. Between earnings and fed minutes next week with the rate increase the vix will be high.

 

[bclemms]

Same, plus my snap puts this morning were huge. Made an already decent week even better.

I wonder if we test the lows in the spy. In the coming weeks. Between earnings and fed minutes next week with the rate increase the vix will be high.

Technicals suggest we are still in a downward trend until SPY breaks 410. That means there is a very good chance we go and at least test lows and given how hard the down runs have been the last 7 months 2 weeks can run a long way. For that reason, I took some $18 UVXY calls out that expire at the end of next week for pennies.

We could also trade between 370-400 and be stuck in a range for a while before something breaks and the market finds a longer term direction but that would be a significant trend breaker. Either way, I think we are going lower and positioning myself for it unless we get above SPY 402 at which point I'll ride the wave to 410, repositon again for a down turn. If it breaks 410 then I'll go really hard long. As long as the market does go sideways I'm going to make money. The question will be how much can I scalp it for.

 

[SaintInBucLand]

0DT Puts on Tesla printed like crazy.. I'm done for the day, that was nuts.