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oldarmy1
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In reply to wanderer • 6:26p, 11/5/20
AG
wanderer said:

Regarding $MGNI

I'll reluctantly play for the betterment of the group
  • # of shares held : 1000
  • Average entry price : $6.59
  • In a tax deferred or capital gains account : tax deferred
  • What % of portfolio in dollars represented : currently sits at 11% (used to be alot smaller)
  • Small Medium Large Investor : I'd probably say small to medium



Good man. Let me work on it.
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oldarmy1
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6:27p, 11/5/20
AG


Honduras hammered hard. Will post GoFundMe link when provided and appreciate all donations to go to this immediate cause.
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0708aggie
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In reply to oldarmy1 • 6:51p, 11/5/20
AG
Here's another:

# of shares held : 3000
Average entry price : $5.65
In a tax deferred or capital gains account : cap gains
What % of portfolio in dollars represented : currently sits at <10%
Small Medium Large Investor : medium
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oldarmy1
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In reply to wanderer • 7:28p, 11/5/20
AG
wanderer said:

  • # of shares held : 1000
  • Average entry price : $6.59
  • In a tax deferred or capital gains account : tax deferred
  • What % of portfolio in dollars represented : currently sits at 11% (used to be alot smaller)
  • Small Medium Large Investor : I'd probably say small to medium

Total invested: $6590
Current value: $11100
11% of portfolio

I would be very patient with this as a medium investor. You will get your first real clue on potential next week with earnings. Since you are tax deferred I wouldn't hesitate to take up to 50% off should it have a parabolic move approaching $18-20+. It would settle down to the $14-15 area from a move like that to re-enter picking up an additional $2-3k on the trade.

We'll know a lot more after this earnings on its trend and potential but $20 is very achievable short term.
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trip98
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7:32p, 11/5/20
AG
Willing to do same for mbio or thinking much longer play than mgni?
But I'll play on mgni....warning u need to create new size category....tiny! Insert jokes here ...anyways for mgni
32 shares bought 1 month ago
$8.75 (you're welcome for the run-up since I jumped in!)
Capital gains
4% of porrfolio
Tiny investor
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0708aggie
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In reply to trip98 • 7:40p, 11/5/20
AG
Buddy. Don't be ashamed of the size. We all started small and worked our way up.
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oldarmy1
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In reply to 0708aggie • 7:40p, 11/5/20
AG
0708aggie said:
Here's another:

# of shares held : 3000
Average entry price : $5.65
In a tax deferred or capital gains account : cap gains
What % of portfolio in dollars represented : currently sits at <10%
Small Medium Large Investor : medium
Total invested: $16950
Current Value: $33300

Take a different tact here for example. I have a software that shows what number and percent of shares required to recapture original investment. Obviously you can keep tabs manually periodically and after decent moves upward.

That stands at 1527 shares sold at $11.10 to achieve net free status. Now that you have that forget it. The most I'd target to sale is 30% after a great average entry price. See the tweet from a guy who we did the excercise with on hitting certain levels to begin using covered calls to achieve that.
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oldarmy1
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In reply to trip98 • 7:46p, 11/5/20
AG
trip98 said:
Willing to do same for mbio or thinking much longer play than mgni?
But I'll play on mgni....warning u need to create new size category....tiny! Insert jokes here ...anyways for mgni
32 shares bought 1 month ago
$8.75 (you're welcome for the run-up since I jumped in!)
Capital gains
4% of porrfolio
Tiny investor
$280 invested (This is 90 more than my initial investment years ago)
$355 current value

It is more important for you to get into the discipline of planting net free shares than bigger picture for now. You are targeting $17.50 to sell 16 shares. That's your goal.
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jwhitlock3
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In reply to oldarmy1 • 7:48p, 11/5/20
oldarmy1 said:

I have a software that shows what number and percent of shares required to recapture original investment. Obviously you can keep tabs manually periodically and after decent moves upward.


First thought was "Hell yes, I get to modify my spreadsheets now!"
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Bob Knights Paper Hands
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7:48p, 11/5/20
# of shares held : 1,000
16 contracts MGNI201218C$10
18 contracts MGNI210319C$10
2 contracts MGNI2103C$12.5

Average entry price : $9.10, $0.91, $0.90, 0.71
In a tax deferred or capital gains account : capital gains
What % of portfolio in dollars represented : <5%
Small Medium Large Investor : I'd probably say medium
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cgh1999
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In reply to 0708aggie • 7:54p, 11/5/20
AG
I'll play.
# of shares held : 400 (sold 600 that I bought earlier for ~25% gain)
Average entry price : $8.06
+ 40 March '21 calls $10 strike $1.70 basis
In a tax deferred or capital gains account : cap gains
What % of portfolio in dollars represented : very small
Small Medium Large Investor : I'm a texags whale. (Medium to large depending on the scale)
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jwhitlock3
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In reply to oldarmy1 • 7:54p, 11/5/20
oldarmy1 said:
trip98 said:
Willing to do same for mbio or thinking much longer play than mgni?
But I'll play on mgni....warning u need to create new size category....tiny! Insert jokes here ...anyways for mgni
32 shares bought 1 month ago
$8.75 (you're welcome for the run-up since I jumped in!)
Capital gains
4% of porrfolio
Tiny investor
$280 invested (This is 90 more than my initial investment years ago)
$355 current value

It is more important for you to get into the discipline of planting net free shares than bigger picture for now. You are targeting $17.50 to sell 16 shares. That's your goal.


This is actually really encouraging. I had buy orders placed for a dip under $8 as I was late to the party so I only managed to sneak in a small number of shares for an initial buy but I can still apply this principle. Excellent info, as always!

I work in the engineering field (telecom) and we have a few older guys who are fantastic and so patient with new engineers. You can tell they genuinely enjoy teaching and passing on their experience and it's fantastic to see it happening here. That goes for OA and many others in here. I think I speak for most in here when I say it's sincerely appreciated from those of us watching, learning and trading along on a smaller scale. Im 31 so I've got a lot of time left to do this and acquiring these skills will help me for years to come. Cheers Ags!
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wanderer
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In reply to oldarmy1 • 8:00p, 11/5/20
muchos gracias OA!

If I recall correctly, you haven't dabbled in any options for MGNI. Beyond having a large equity holding already, what's been your thought process regarding options?
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zag213004
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In reply to oldarmy1 • 8:03p, 11/5/20
AG
oldarmy1 said:
wanderer said:

Regarding $MGNI

I'll reluctantly play for the betterment of the group
  • # of shares held : 1000
  • Average entry price : $6.59
  • In a tax deferred or capital gains account : tax deferred
  • What % of portfolio in dollars represented : currently sits at 11% (used to be alot smaller)
  • Small Medium Large Investor : I'd probably say small to medium



Good man. Let me work on it.


Shares held: 1300
Invested: 7600
Current value: 14560
$ % of portfolio: 26%
Capital gains acct
Small investor

Cost basis is 5.86

Any advice much appreciated
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FJ43
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8:12p, 11/5/20
Thanks a bunch OA! Here is my MGNI position:

  • # of shares held : 3000 (Split 1.5k Each Capital Gains/Tax Deferred)
  • Average entry price : $6.80 Capital Gains Account / $6.92 Tax Deferred
  • In a tax deferred or capital gains account : 50% of Shares Each
  • What % of portfolio in dollars represented : <3% Combined
  • Small Medium Large Investor :Small?


    • Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
    Proverbs 13:11

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    oldarmy1
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    In reply to wanderer • 8:25p, 11/5/20
    AG
    wanderer said:
    muchos gracias OA!

    If I recall correctly, you haven't dabbled in any options for MGNI. Beyond having a large equity holding already, what's been your thought process regarding options?
    It's been a slow and steady move up, until recently so options are hard to navigate on early trend shares.
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    E
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    In reply to oldarmy1 • 8:49p, 11/5/20
    AG
    I'd like to volunteer as my NIO is by far the largest bit of risky investment i've ever had outside my house if you don't mind me helping. Although I will be showing my cards on how little I know about trading/investing...

    • # of shares held : NIO - 22 calls of 1/15/21 $5 and 2 calls of 11/20 $25
    • In a tax deferred or capital gains account : Robinhood... Capital gains?
    • Small Medium Large Investor : Small

    Current plan was to exercise both sets options and hold for a long time as I believe (hope) NIO can be $100+...
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    $30,000 Millionaire
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    In reply to jwhitlock3 • 8:53p, 11/5/20
    AG
    jwhitlock3 said:
    $30,000 Millionaire said:
    I am thinking of selling puts on AMC theaters with the goal of using the premium to build a net free long position. This is a bet that AMC survives the COVID crisis, but I bet it will spike on any type of vaccine news.
    What are you thinking on these? 11/27 $2P going for .18 right now, thinking of selling a few of those? Edit: Dec 18 $2P going for .38, that seems like a better deal.

    I looked at Jan 2023 calls, but they're selling for $1.30 and that seemed pricey for a $2.50 stock.


    December monthlies. I'm going to try it and will keep repeating it until it stops working. I am going to start with 50 contracts.
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    gougler08
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    8:54p, 11/5/20
    AG
    As always, you're awesome OA
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    $30,000 Millionaire
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    In reply to oldarmy1 • 8:55p, 11/5/20
    AG
    My basis in MGNI is around $7.50, wish I had bought more. I was planning to sell 20% to have a partially net free holding.

    3720 shares, no options.

    My favorite OA pick has been NET, followed by MARA, and then GRWG. Least favorite TSN
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    $30,000 Millionaire
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    9:02p, 11/5/20
    AG
    To contribute, I am liking BABA and JD. Buying shares because timing is unpredictable. That ANT group IPO is eventually going to go after Jack Ma takes his spanking and publicly apologizes.
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    Bob Knights Paper Hands
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    In reply to $30,000 Millionaire • 9:02p, 11/5/20
    During the TSN days on this board I drove by the Tyson plant in eastern Oklahoma 5 different times and chuckled to myself each time. Then I cried a little on the inside.
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    $30,000 Millionaire
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    9:06p, 11/5/20
    AG
    It has been great to learn from OA. I am thankful for his input and willingness to share at such a deep level.
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    McInnis 03
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    In reply to $30,000 Millionaire • 9:20p, 11/5/20
    AG
    $30,000 Millionaire said:
    It has been great to learn from OA. I am thankful for his input and willingness to share at such a deep level.


    Embarrassed to say I still haven't picked up the level of detail from his teachings that I need to. One day....
    ***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

    B&I Key:
    ETH - Extended Trading Hours --- RTH - Regular Trading Hours
    ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
    R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
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    FJ43
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    In reply to McInnis 03 • 9:22p, 11/5/20
    McInnis 03 said:
    $30,000 Millionaire said:
    It has been great to learn from OA. I am thankful for his input and willingness to share at such a deep level.


    Embarrassed to say I still haven't picked up the level of detail from his teachings that I need to. One day....
    +1
    Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
    Proverbs 13:11

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    backintexas2013
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    9:23p, 11/5/20
    AG
    What's everyone expecting tomorrow. Futures down.
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    ProgN
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    In reply to $30,000 Millionaire • 9:39p, 11/5/20
    $30,000 Millionaire said:
    Least favorite TSN
    Why you gotta bring up old **** bruh.
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    Bird Poo
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    9:49p, 11/5/20
    AG
    Shares held: 580
    Cost basis: 5.05

    120 Dec 18 $12.50 contracts
    Option strike price: 0.80

    % of trading portfolio: 25%
    Taxable TD Ameritrade account

    Thinking about exercising some options if this thing takes off, but have no idea how to do that.
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    $30,000 Millionaire
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    In reply to McInnis 03 • 10:14p, 11/5/20
    AG
    McInnis 03 said:
    $30,000 Millionaire said:
    It has been great to learn from OA. I am thankful for his input and willingness to share at such a deep level.


    Embarrassed to say I still haven't picked up the level of detail from his teachings that I need to. One day....


    Same here. I like to look at what OA suggests to try to see what he is seeing. In some of these, I'm mystified.
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    oldarmy1
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    In reply to backintexas2013 • 11:02p, 11/5/20
    AG
    backintexas2013 said:
    What's everyone expecting tomorrow. Futures down.


    They are taking Georgia which not only makes Trump a hard path (AZ, NV, NC, PA) but there are two Republican Senate seats that could flip giving all 3 branches to Dems. I'd predict limit down on that.
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    wanderer
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    11:02p, 11/5/20
    Bounced off the top of the wedge.

    (am I doing this right??)

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    oldarmy1
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    11:03p, 11/5/20
    AG
    Ok Ags. We need to really come through for Honduras. Here is the link:

    https://www.gofundme.com/f/ku29ps-hurricane-eta-honduras
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    spud1910
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    In reply to oldarmy1 • 11:38p, 11/5/20
    AG
    oldarmy1 said:
    Ok Ags. We need to really come through for Honduras. Here is the link:

    https://www.gofundme.com/f/ku29ps-hurricane-eta-honduras
    Done. OA has helped many of us a lot. Let's help these people now.
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    chrisfield
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    4:58a, 11/6/20
    Sponsor
    AG
    Just donated. Dig deep, Ags. OA has gone above and beyond for many of us.
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    FJ43
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    In reply to oldarmy1 • 5:43a, 11/6/20
    oldarmy1 said:
    Ok Ags. We need to really come through for Honduras. Here is the link:

    https://www.gofundme.com/f/ku29ps-hurricane-eta-honduras
    Done just donated. Blessed to be able to do what we do on this thread each day. Let's help some people in great need.

    Thanks OA for guiding this forum along.
    Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
    Proverbs 13:11

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