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kingsskierI utilized my chart seeing support at 3.25. It dropped to that, tested it a few times as I got in. I saw resistance at 3.50, then again around 3.70/3.75. I sold at 3.72 for a 14.4% gain. So, my long holds are down a ton, but I utilized this volatility to my advantage and cut some of that red out.
Here is my chart going into today. I dont care if you belive that I made these trend lines ahead of time. I do have a small amount of proof in my post yesterday saying I see the support at 3.25.
Yeah you did call it. Almost there. So would you wait until $3.25 to add more?
IsitWinterYet17Yeah you did call it. Almost there. So would you wait until $3.25 to add more?
I would see how it acts before making any moves. Its daily charts are pretty erratic at power hour.
I do not understand the flat line after so much movement and the T&S is showing majority 100 share trades which is fishy. It may be a big investor buying up but not manipulating and then they may buy some big chunks to drive it one direction like what just happened at 20 minutes ago. If you're holding for the long term, wait until you see a comfortable low. It established a new support at 3.35/36 but 3.25 is still looking like the drop bottom support. If it breaks that its support is $3.00ish and $2.70ish which I never want to see.
**This post was edited on May 11th 2018 at 1:36:57pm
**This post was edited on May 11th 2018 at 1:53:38pm
Not trying to turn this into a penny stock thread but check out Trevena. They currently have a NDA pending for their novel IV opiate analgesic oliceridine. A decision is supposed to be by 11/2/18. It is statistically significant in efficacy vs placebo. It's being billed as non-inferior in efficacy to morphine with a wider therapeutic window (aka easier and safer to dose before side effects become an issue). They've already entered into license agreements for the product royalties in China and South Korea. While their revenue is still negative, it has been slowly approaching profitability over the last few years.
Not sure why this stock is still so low. I don't see a reason why it would be rejected. Morphine is used like water in hospitals, so the only obstacle to potential revenue I can see is if they price it so high that the cost-benefit isn't worthwhile. Price targets have it going huge over next 12 months.
IsitWinterYet17Not trying to turn this into a penny stock thread but check out Trevena. They currently have a NDA pending for their novel IV opiate analgesic oliceridine. A decision is supposed to be by 11/2/18. It is statistically significant in efficacy vs placebo. It's being billed as non-inferior in efficacy to morphine with a wider therapeutic window (aka easier and safer to dose before side effects become an issue). They've already entered into license agreements for the product royalties in China and South Korea. While their revenue is still negative, it has been slowly approaching profitability over the last few years.
Not sure why this stock is still so low. I don't see a reason why it would be rejected. Morphine is used like water in hospitals, so the only obstacle to potential revenue I can see is if they price it so high that the cost-benefit isn't worthwhile. Price targets have it going huge over next 12 months.
Thanks for the tip. I'll check this out.
Lincesees in China scare me though. They are notorious for doing that and stealing it. But idk if that correlates to health care. Its more tech industry.
As for penny stock thread, I'm okay with it. It's my bread and butter. I usually day trade $1-$12 stocks. I hold more expensive stocks for long dividends, but that is more just to hold money than make money.
Canopy Growth Corp said today that it applied for listing on the NYSE and hopes to be approved before June. Keep an eye out for that one. They're the biggest true marijuana company/stock from Canada.
It's been a rough couple weeks with GERN, but it's up over $4.10 again. Lots of money made on the way. Still holding 10k shares with a 3.50 average. Hell yeah
kingsskierIt's been a rough couple weeks with GERN, but it's up over $4.10 again. Lots of money made on the way. Still holding 10k shares with a 3.50 average. Hell yeah
kingsskierIt's been a rough couple weeks with GERN, but it's up over $4.10 again. Lots of money made on the way. Still holding 10k shares with a 3.50 average. Hell yeah
Dang youre in deeep. Still waiting for double digits to exit? I took a small position at 3.75 a couple weeks ago when you called it out so thanks, patience pays off.
TRXC been giving me healthy gains and I anticipate it to continue up despite the dip today. Eyes on HMNY as well.
I sold 500 shares a few days ago and of course it’s up the days after! However my goal for he month was still accomplished of funding a new mountain bike and buying a new outback this coming weekend! Def watching GERN daily though!maybe get back in early next month if it doesn’t double before then.
blankfaceDang youre in deeep. Still waiting for double digits to exit? I took a small position at 3.75 a couple weeks ago when you called it out so thanks, patience pays off.
TRXC been giving me healthy gains and I anticipate it to continue up despite the dip today. Eyes on HMNY as well.
Yeah Im holding out for that BIG win. I made enough day trading it to almost cover the cost of all the shares Im holding. So, its basically a free gamble.
They are presenting at the European Hematology Association Congress in Sweden June 17th. My thought is, they would not go there to present with bad news or if they knew things were going poorly. I dont think it will be any new data, just re-analyzed data from the extended trial earlier this year. Also, Janssen is a lead sponsor at the conference. I would also assume they would not being letting Geron talk if their drug was not moving further.
I have been paying attention to HMNY as well. ZSAN has potential just like GERN. Mostly, I have been day trading a lot more lately and not so much swing or holding for extended periods of time (minus GERN).
Bakerpow, it was hard for me to hold on when we hit 3.22 and I was thousands in the red.
IsitWinterYet17Gern is on fire. Kinda want to buy more but don't wanna get fucked with a high average if this drops mid summer when no news until fall. Thoughts?
4th straight green day. I dont expect it to continue. The next potential catalyst will be June 17th. I expect a red day tomorrow but I could be wrong.
kingsskierYeah Im holding out for that BIG win. I made enough day trading it to almost cover the cost of all the shares Im holding. So, its basically a free gamble.
They are presenting at the European Hematology Association Congress in Sweden June 17th. My thought is, they would not go there to present with bad news or if they knew things were going poorly. I dont think it will be any new data, just re-analyzed data from the extended trial earlier this year. Also, Janssen is a lead sponsor at the conference. I would also assume they would not being letting Geron talk if their drug was not moving further.
I have been paying attention to HMNY as well. ZSAN has potential just like GERN. Mostly, I have been day trading a lot more lately and not so much swing or holding for extended periods of time (minus GERN).
Bakerpow, it was hard for me to hold on when we hit 3.22 and I was thousands in the red.
Lots of red this week,the political instability is a fucking shit show
I forgot this was a holiday weekend coming up. No volume today or tomorrow. GERN surprised me, but no one is going to be day trading. We will see how we open Tuesday on everything.
Mr. Musk is the man, I think his idea to make this website”Pravduh.com” is something people have wanted for years!!!! Fact checking the people giving us the so called facts via media! I love it
Posting this because Im still holding and this is a tedious baby.
GERN is presenting an abstract this weekend at the EHA. Daily chart broke the first trend to slow the decent. Broke the second trend today and Stochastics are very low indicating over sold. All signs on the day chart point to an increase into the weekend. But, no one is expecting too much news at the EHA so I wouldnt bet the farm on it. I make all trades based on chart indications and this is looking good to me. I think we may see a short squeeze here.
**This post was edited on Jun 19th 2018 at 3:22:42pm
kingsskierPosting this because Im still holding and this is a tedious baby.
GERN is presenting an abstract this weekend at the EHA. Daily chart broke the first trend to slow the decent. Broke the second trend today and Stochastics are very low indicating over bought. All signs on the day chart point to an increase into the weekend. But, no one is expecting too much news at the EHA so I wouldnt bet the farm on it. I make all trades based on chart indications and this is looking good to me. I think we may see a short squeeze here.
i sold that shizz and put in more with SQ and AMD! Stoked
kingsskierPosting this because Im still holding and this is a tedious baby.
GERN is presenting an abstract this weekend at the EHA. Daily chart broke the first trend to slow the decent. Broke the second trend today and Stochastics are very low indicating over bought. All signs on the day chart point to an increase into the weekend. But, no one is expecting too much news at the EHA so I wouldnt bet the farm on it. I make all trades based on chart indications and this is looking good to me. I think we may see a short squeeze here.
Bought a few more yesterday so this is a nice thing to wake up to.
IsitWinterYet17Bought a few more yesterday so this is a nice thing to wake up to.
Hell yeah. It may spike on monday depending on how the conference goes sunday. I am not banking on any new shocking news though. I offloaded 2/3 of my holdings in GERN again today. If there isnt news of basically anything relating to FDA approval or Janssen continuation, GERN will dip in the mid 3s again in July/August.
I had 2 bad red weeks before this week but this week was so green it made up for the previous 2 and then some.
IsitWinterYet17Anyone still holding onto GERN? Woke up to a 30% gain today
Actually a lot of shit is way up today too
**This post was edited on Aug 24th 2018 at 12:25:56pm
Yup Im still holding and also day traded it. JNJ is hiring a financial analyst position for gerns drug and name it directly in the listing. Bug money coming in a month.
I’ve doubled my money with AMD in less than 4 months! And it sounds like they have the production edge over intel for some time!im thinking new Ducati panigale is in order!
mtbakerpowI’ve doubled my money with AMD in less than 4 months! And it sounds like they have the production edge over intel for some time!im thinking new Ducati panigale is in order!
Has anyone else been having slow transactions on TD recently? I had them all the time on Robinhood but TD is always instant when I market buy or sell (I only trade high volume stocks). Example, I was shorting GKOS average low $64s. I market covered (on my laptop) all 500 shares at $61.20ish. It did not trigger until 1.5 minutes later and it had gone up almost a dollar to $62.12. I still made money but lost out on nearly $500 due to a slow transaction. It has 7.6 million shares sold mid day, so volume was there to cover. Internet speed was not an issue, Im LAN lined. I have had this happen 5 or 6 times in the last week. Anyone else having this issue?
kingsskierHas anyone else been having slow transactions on TD recently? I had them all the time on Robinhood but TD is always instant when I market buy or sell (I only trade high volume stocks). Example, I was shorting GKOS average low $64s. I market covered (on my laptop) all 500 shares at $61.20ish. It did not trigger until 1.5 minutes later and it had gone up almost a dollar to $62.12. I still made money but lost out on nearly $500 due to a slow transaction. It has 7.6 million shares sold mid day, so volume was there to cover. Internet speed was not an issue, Im LAN lined. I have had this happen 5 or 6 times in the last week. Anyone else having this issue?
Havent experienced any issue like this, but feels quite odd. Have you tried contacting TD?
GrandThingsHavent experienced any issue like this, but feels quite odd. Have you tried contacting TD?
Im going to call TD tomorrow morning. I am curious if its just my account or its happening to more people.
Its happened when Im at my office, at home and travelling all in the last week.
That sucks but no I can't say I have had issues at either. What's your internet speed (direct connection is irrelevant to this question)? Perhaps in the high volume day, you got overpowered by institutions and large funds who have faster connections. Spectrum has pretty much taken over many households and their base speed is 100mbps (I usually get a little more). My workplace usually rocks well over 300mbps.
IsitWinterYet17That sucks but no I can't say I have had issues at either. What's your internet speed (direct connection is irrelevant to this question)? Perhaps in the high volume day, you got overpowered by institutions and large funds who have faster connections. Spectrum has pretty much taken over many households and their base speed is 100mbps (I usually get a little more). My workplace usually rocks well over 300mbps.
I have spectrum at home and am usually sitting 160s on peak times and over 200 off peak with nothing else running. My office is 500+ direct fiber. Its not a connectivity issue. I have never had this issue even on my phone not on wifi. Its either just a string of bad timing with institutions as you suggested, or TD is having issues, which it is looking like its not the case.
This has cost me a good chunk of profits and into some losses on 2 of the occassions. I have never hit a string of institutional road blocks like this.
kingsskierHas anyone else been having slow transactions on TD recently? I had them all the time on Robinhood but TD is always instant when I market buy or sell (I only trade high volume stocks). Example, I was shorting GKOS average low $64s. I market covered (on my laptop) all 500 shares at $61.20ish. It did not trigger until 1.5 minutes later and it had gone up almost a dollar to $62.12. I still made money but lost out on nearly $500 due to a slow transaction. It has 7.6 million shares sold mid day, so volume was there to cover. Internet speed was not an issue, Im LAN lined. I have had this happen 5 or 6 times in the last week. Anyone else having this issue?
Ive had delays like that also,but it usually doesn’t make a huge difference in money made or lost
I hope someone was holding TLRY long for the last month. I told myself to after the Canadian vote to legalize weed, but I only day traded it some.
Also, I made 21% ROI (5.55% account growth) yesterday on daytrading TSLA put options. All in about 3 minutes after the criminal probe news tanked it. Im happy about that.
kingsskierI hope someone was holding TLRY long for the last month. I told myself to after the Canadian vote to legalize weed, but I only day traded it some.
Also, I made 21% ROI (5.55% account growth) yesterday on daytrading TSLA put options. All in about 3 minutes after the criminal probe news tanked it. Im happy about that.
I remember when it came out, I thought it wasn't gonna be anything special. Oh was I wrong. Honestly at its levels right now, it's outrageous and bound for a huge drop. However I wouldn't be surprised if it jumps a bit more before falling
IsitWinterYet17I remember when it came out, I thought it wasn't gonna be anything special. Oh was I wrong. Honestly at its levels right now, it's outrageous and bound for a huge drop. However I wouldn't be surprised if it jumps a bit more before falling
Yeah I think over the next week it will go back down to reality. Its a fairly low float stock though, so it may stay up a bit. Its on really good news and only have a $20B valuation. That is high but not absurd. They should do a split and bring the price down.
I also dont know how a $55 pps drop in 2 minutes was not a circuit breaker halt. That is a 24% drop in 2 minutes.
stocks are fine but crypto is way more fun if you arent rich... 10k minimum account balance to daytrade stocks is some bullshit. plus its mad easy to do degenerate margin trades with small balances
ChillTeenDad420stocks are fine but crypto is way more fun if you arent rich... 10k minimum account balance to daytrade stocks is some bullshit. plus its mad easy to do degenerate margin trades with small balances
Trade options with smaller accounts if you want big moves. Crypto doesnt move enough quick enough for me and you get taxed out the ass because its not a recognized security or currency.
