WOAH... the most clearly defined goalposts I've ever found. Anyone in on this or know anything about it?!
DisAg said:Did you sell a stock, then buy a stock with those funds before they cleared, then sold the stock that you bought with the uncleared funds before your original stock sell cleared. If you did you may have violated their ToS and be on a 90 day restriction.Tibbers said:
Anyone have problems with E*TRADE clearing money for investing? Currently, when I sell a stock, I have to wait 3 days for the funds to transfer to be able to purchase the next stock. When I reach out to speak with someone at E*TRADE, I'm on hold for an hour and I just give up. It's maddening. Should I just switch to td ameritrade?
I made that mistake, fortunately, that was on Fidelity. I have been watching myself on IAB from doing that, but they seem to be quicker about cash coming in from sell orders, they just want you to have 10% equity of cash on your total trades I believe.
trip98 said:BullSprig07 said:McInnis 03 said:
$ASO
Can any of you expound on this? ASO is one of the largest positions I have. What/if anything should I be taking from this info?
People...aka wallstreetbets...are going to buy the **** out of it to force the price up fast. This hurts the people who are "short sellers" who have basically bet against a stock rising by selling shares they don't currently own. The goal is to force the short sellers to actually buy shares to cover their previously sold position. That then makes more people buying...which drives the price up even more. The short sellers are then buying stock above the price they sold it for creating a loss for them but they are stick and have no choice.
In short it artificially drives up price of stock really quick. But it will also come crashing down quick
Go look up GME chart for last 1 month and you'll see it having just happened.
I also own ASO and have small position of 100 shares. I sold a CC against it hoping to lower cost but I truly believe in ASO long term. I will be buying back my call even at loss to see where this action goes. Maybe even sell my shares if it rockets to pocket profit and then wait until it crashes down to re-enter
StrawberryFields said:"Even the fake ones"Challenger 17 said:
irish pete ag06 said:
WOAH... the most clearly defined goalposts I've ever found. Anyone in on this or know anything about it?!
nice find. Great to have you back here posting by the way brother You are one of the o.g.'sFarmer @ Johnsongrass, TX said:
https://www.marketwatch.com/story/tilray-shares-soar-29-as-reddit-message-board-sets-sights-on-cannabis-sector-11612977363?mod=home-page
Regarding article - Second to last paragraph is our catalyst.
Time for SNDL to shoot the moon. (42 reference there..)
Hey when is the next real "crash"/"correction" coming? You were ringing the bells last time!aggiedaniel06 said:
Yikes
Shoot the Moon is in Hearts.FbgTxAg said:
I don't want to be that guy, but...
"Shoot the Moon" is in Moon, not 42.
Just sayin'
I'm not with E*TRADE, but I think some systems are being tested thoroughly with volumes coming from retail side plus internal volume at the house.Tibbers said:
Anyone have problems with E*TRADE clearing money for investing? Currently, when I sell a stock, I have to wait 3 days for the funds to transfer to be able to purchase the next stock. When I reach out to speak with someone at E*TRADE, I'm on hold for an hour and I just give up. It's maddening. Should I just switch to td ameritrade?
Yeah,...I know, but I cant spell dominosesFbgTxAg said:
I don't want to be that guy, but...
"Shoot the Moon" is in Moon, not 42.
Just sayin'
Well,...don't play hearts, and we shot the moon in our game.Guitarsoup said:Shoot the Moon is in Hearts.FbgTxAg said:
I don't want to be that guy, but...
"Shoot the Moon" is in Moon, not 42.
Just sayin'
When the time is right, thinking about moving all my funds under one roof to IAB. I just have positions in stock right now I do not want to get out of. However, Fidelity lets me buy OTC stock, whereas IAB doesn't. I think I need permission to do business in OTC in IAB.Farmer @ Johnsongrass, TX said:I'm not with E*TRADE, but I think some systems are being tested thoroughly with volumes coming from retail side plus internal volume at the house.Tibbers said:
Anyone have problems with E*TRADE clearing money for investing? Currently, when I sell a stock, I have to wait 3 days for the funds to transfer to be able to purchase the next stock. When I reach out to speak with someone at E*TRADE, I'm on hold for an hour and I just give up. It's maddening. Should I just switch to td ameritrade?
I've been with Fidelity for 40 years now and love their site. Yesterday I experienced some issues, first time ever. I was selling options. Got frustrated because I could not get an execution. So I decided to experiment. I set my asking price in the order at the bid. When the order did not fill, 10 minutes later I replaced the order at 5 cents under the bid. When the order did not fill in 10 minutes I replaced that order at 10 cents under the bid. When that order did not fill in 10 minutes I replaced the order back to the bid-side and kept repeating the process. Volumes were not a limiter for these stock option issue - liquidity was present. I do not phone customer service anymore as wait times exceed an hour. I pulled up the chat box and wrote a terse message and told them they could verify what I did from my orders page per the account number as all the activity is record and they could match it to the dollar tick time stamps of the stock option issue in question. When I sent the message I was number 35 in the queue waiting. They got the message.
As for today,...every option trade was executed and a "price betterment".
The other half of the portfolio rests at Vanguard. I like them for a few reasons, but to me, their trading platform is equivalent to chiseling a stone tablet to place an order.
Thanks! I think I'm going to retire this handle and reappear with an Ag Tag handle. I've been against the Tag only because I didn't need it to graduate. Times change, people change, and I guess it's time. Old dogs learn new techniques, because they already know the tricks..BREwmaster said:nice find. Great to have you back here posting by the way brother You are one of the o.g.'sFarmer @ Johnsongrass, TX said:
https://www.marketwatch.com/story/tilray-shares-soar-29-as-reddit-message-board-sets-sights-on-cannabis-sector-11612977363?mod=home-page
Regarding article - Second to last paragraph is our catalyst.
Time for SNDL to shoot the moon. (42 reference there..)
BullSprig07 said:trip98 said:BullSprig07 said:McInnis 03 said:
$ASO
Can any of you expound on this? ASO is one of the largest positions I have. What/if anything should I be taking from this info?
People...aka wallstreetbets...are going to buy the **** out of it to force the price up fast. This hurts the people who are "short sellers" who have basically bet against a stock rising by selling shares they don't currently own. The goal is to force the short sellers to actually buy shares to cover their previously sold position. That then makes more people buying...which drives the price up even more. The short sellers are then buying stock above the price they sold it for creating a loss for them but they are stick and have no choice.
In short it artificially drives up price of stock really quick. But it will also come crashing down quick
Go look up GME chart for last 1 month and you'll see it having just happened.
I also own ASO and have small position of 100 shares. I sold a CC against it hoping to lower cost but I truly believe in ASO long term. I will be buying back my call even at loss to see where this action goes. Maybe even sell my shares if it rockets to pocket profit and then wait until it crashes down to re-enter
Thanks
I get the short squeeze concept. My confusion is as to why ASO stock is being so heavily shorted in the first place. It's a very healthy company that's crushing earnings, so my question is why so many are betting on it to go down.
trip98 said:BullSprig07 said:trip98 said:BullSprig07 said:McInnis 03 said:
$ASO
Can any of you expound on this? ASO is one of the largest positions I have. What/if anything should I be taking from this info?
People...aka wallstreetbets...are going to buy the **** out of it to force the price up fast. This hurts the people who are "short sellers" who have basically bet against a stock rising by selling shares they don't currently own. The goal is to force the short sellers to actually buy shares to cover their previously sold position. That then makes more people buying...which drives the price up even more. The short sellers are then buying stock above the price they sold it for creating a loss for them but they are stick and have no choice.
In short it artificially drives up price of stock really quick. But it will also come crashing down quick
Go look up GME chart for last 1 month and you'll see it having just happened.
I also own ASO and have small position of 100 shares. I sold a CC against it hoping to lower cost but I truly believe in ASO long term. I will be buying back my call even at loss to see where this action goes. Maybe even sell my shares if it rockets to pocket profit and then wait until it crashes down to re-enter
Thanks
I get the short squeeze concept. My confusion is as to why ASO stock is being so heavily shorted in the first place. It's a very healthy company that's crushing earnings, so my question is why so many are betting on it to go down.
Just like we all have different views on politics, religion, and rc as our baseball coach. .there are different views and methods on how to make money in the stock market. Short selling is one of them. Not to mention large firms that short can often make the market perform the way they want. Much more so than you and I could. And their paycheck depends on it
That's the whole crux of wsb. Doesn't matter if a company is performing well or not.. it's about how to make money from it.
Sounds like they're praying for a giant fat finger buy?Lightning Dexter said:
I've seen the following posted a couple of times on the internet, but I don't understand the logic.
"If your long on this stock, create a GTC sell order for a really high price..."
What does this accomplish?
My guess is to remind you daily that you are LONG in said stock, and that price will be the reward for your diamond hands.Lightning Dexter said:
I've seen the following posted a couple of times on the internet, but I don't understand the logic.
"If your long on this stock, create a GTC sell order for a really high price..."
What does this accomplish?