Looks like it's taking a breather after the lastest rejection at 13.70

BTC crazy volume today, makes me feel pretty confident that top is in.

That's why OSTK is doing what's its doing

Tumble Weed said:

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Tumble Weed said:

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Shundere said:

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Well that intraday H&S on MU really stuck it to us

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Go ahead and take another look at the p/e for MU. Great time to buy (@32.70). Ignore the noise. I will bump this post (maybe much) later.

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@34.80. Up over 7%.

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@36.96 Easy money.

In at 32.30 for a couple hundred shares. I'll hold this for a nice long while. This much cash means a dividend and competency, two surprising things in a company.

UpstateAg said:

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In at 32.30 for a couple hundred shares. I'll hold this for a nice long while. This much cash means a dividend and competency, two surprising things in a company.

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This stock reminds me of AMD when it was $10. I think that MU has room to run.

I don't disagree, however, this is the first move its really had based off of $BTC even tho other "crypto" btc stocks have had big move ( mara, DPW, etc.) , so I think its partly because it trapped shorts the last few days after the last news it had out about retail sales.

rgag12 said:

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Looks like it's taking a breather after the lastest rejection at 13.70

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It said f that nonsense, and I threw a stop loss on at 13.50 for the remainder of my shares...I'm worried it's too tied to BTC at this point

anyone looking at V 172.5 weeklies bounced off 170.80 like yesterday. Could be at good sell at open move.

MU will not announce a dividend until they complete their share buyback, which isn't half done from what I remember. Just saying that so you folks don't expect an announcement anytime soon.

Tumble Weed said:

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UpstateAg said:

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In at 32.30 for a couple hundred shares. I'll hold this for a nice long while. This much cash means a dividend and competency, two surprising things in a company.

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This stock reminds me of AMD when it was $10. I think that MU has room to run.

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While the stock may end up behaving like AMD has over the last year, both companies are in completely different stages of their existence.

MU is a profitable business, with established products, tons of cash and a juicy stock buyback program but with not much upside in their product line and margins in the short-to-mid term.

AMD on the other hand is a company with a long line of potentially awesome products, which if all goes according to their plan will make huge inroads into the long time big dogs INTC and NVDA. However as has always been the case with AMD, they have never quite lived up to that potential.

I am glad to say that I have made quite a bit of money on both AMD and MU in the past two years. The AMD strategy has been buying shares and leaps on major dips and with MU I have made money on both naked and covered calls.

Aggie_2463 said:

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TEUM continues to fall

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Another hit research piece was circulated yesterday: https://viceroyresearch.files.wordpress.com/2019/06/pareteum-26062019.pdf

gougler08 said:

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rgag12 said:

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Looks like it's taking a breather after the lastest rejection at 13.70

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It said f that nonsense, and I threw a stop loss on at 13.50 for the remainder of my shares...I'm worried it's too tied to BTC at this point

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yep, gulp, I'm going to wait and see. 19 would be highly ambitious. Mid 14's and I'll be quite happy.

curious if OA is still holding OSTK?

BREwmaster said:

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gougler08 said:

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rgag12 said:

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Looks like it's taking a breather after the lastest rejection at 13.70

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It said f that nonsense, and I threw a stop loss on at 13.50 for the remainder of my shares...I'm worried it's too tied to BTC at this point

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OSTK showing signs of pushing close to 15 soon, maybe 19 or 20 by week's end. I'm going to wait it out.

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19 to 20 seems way too aggressive...15 seems plausible though, but I'll take my 40% gain in a week and move on

BREwmaster said:

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gougler08 said:

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rgag12 said:

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Looks like it's taking a breather after the lastest rejection at 13.70

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It said f that nonsense, and I threw a stop loss on at 13.50 for the remainder of my shares...I'm worried it's too tied to BTC at this point

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OSTK showing signs of pushing close to 15 soon, maybe 19 or 20 by week's end. I'm going to wait it out.

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19 to 20 would be something...a 100% increase in a week, I don't see it

19 to 20 would be something else...100% gain in a week

I'd hold up on that thought. BTC just took a giant nosedive.

gougler08 said:

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19 to 20 would be something else...100% gain in a week

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LOL

Ag13 said:

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gougler08 said:

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19 to 20 would be something else...100% gain in a week

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LOL

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I sold the rest of my shares at 13.50 today

Holy hell

Buy the dip on btc!!

J/k

Looks like OSTK is trading in tandem with bitcoin AH.

Prognightmare said:

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Looks like OSTK is trading in tandem with bitcoin AH.

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Yep, I'm happy to have bailed...it may yet go higher but I don't want to be attached at the hip to bitcoin

Good safe choice, IMO.

Yep OSTK down to 12.70 AH.... may give anyone who wants in a good entry tomorrow

gougler08 said:

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Prognightmare said:

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Looks like OSTK is trading in tandem with bitcoin AH.

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Yep, I'm happy to have bailed...it may yet go higher but I don't want to be attached at the hip to bitcoin

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I too am out. Knowing this stock it'll be back to mid 11s by Friday

Aggie_2463 said:

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gougler08 said:

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Prognightmare said:

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Looks like OSTK is trading in tandem with bitcoin AH.

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Yep, I'm happy to have bailed...it may yet go higher but I don't want to be attached at the hip to bitcoin

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I too am out. Knowing this stock it'll be back to mid 11s by Friday

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I think so too, especially if there's a China deal at G20.

China and India appear to be buying back the dip in bitcoin though! wow.

All of this is tied together. Bitcoin, gold, etc all of it.

Those whispers mentioned last years are getting louder. The globalist s one big shot is to move away from being pegged to the dollar.

Gold would triple overnight.

oldarmy1 said:

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All of this is tied together. Bitcoin, gold, etc all of it.

Those whispers mentioned last years are getting louder. The globalist s one big shot is to move away from being pegged to the dollar.

Gold would triple overnight.

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That would spark one hell of a stock market selloff IMO. Your thoughts?

ETA: I'm not disagreeing with you though.

Just wait until the fed loads up with regulations on cryptocurrency and starts nailing skins to the wall for tax evasion.

i'm coming around on overstock or whatever they end up calling themselves. I'm good for a decent slug.

tZero app dropped in the app store... will support multiple cryptos.

IrishTxAggie said:

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Just wait until the fed loads up with regulations on cryptocurrency and starts nailing skins to the wall for tax evasion.

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How'd your Bitcoin short go when it was $5,400?

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Short Bitcoin

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https://texags.com/forums/16/topics/2914353/9

Is this why you're rooting so hard against bitcoin?

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I've bought and sold some coins before, but I see this heading back down to $3K before it gets back to $10K.

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