Going back about a week, looks like rotation into energy stocks.
I bleed maroon said:Good luck, but without knowing which company this is, it sounds nothing like a "low risk" proposition. I have highlighted the parts above that lead me to believe this is a very high risk stock.bmks270 said:
How do guys feel about low volume stocks?
I just bought some shares of a very low volume stock, most days only hundreds of shares, a few days here and there in the thousands. It dropped 10% already this morning on only 9,000 shares of volume. Good for me since I bought some shares 10% off its high.
Market cap is about 6 billion.
It's a higher risk but potentially high reward.
It's already tripled since it started trading about a year ago.
It feels low risk since my friend in the industry is really high on it. Also financials look good for a growth stock IMO.
I'm still in, but broke my discipline and sold CC last week on my whole position. Just like you guys always say: stick to your plan. I didn't and blew it.AG 2000' said:
Got out of ATER way too soon.
Here! She's been doing well since I got in at 1.62. Don't plan to sell for a long time.H-town ag said:
Anyone watching $VEON?
Sounds like it could be an investable idea - good luck!bmks270 said:I bleed maroon said:Good luck, but without knowing which company this is, it sounds nothing like a "low risk" proposition. I have highlighted the parts above that lead me to believe this is a very high risk stock.bmks270 said:
How do guys feel about low volume stocks?
I just bought some shares of a very low volume stock, most days only hundreds of shares, a few days here and there in the thousands. It dropped 10% already this morning on only 9,000 shares of volume. Good for me since I bought some shares 10% off its high.
Market cap is about 6 billion.
It's a higher risk but potentially high reward.
It's already tripled since it started trading about a year ago.
It feels low risk since my friend in the industry is really high on it. Also financials look good for a growth stock IMO.
Appreciate the take. I invested a small enough amount that I can accept the risk. The balance sheet is pretty good. Net income went from -10 million to -1 million year over year with revenue up 50%. They have big customers already, and are adopting latest industry tech. Leader and founder was former leader of the biggest company in the space, though most of the top companies are using tech and methods that are being made obsolete by newer technology, and this companies focus is going all in on the new technology side of things. They are buying up other companies in the space. Just my friend knows who they've bought up, who their competitors are, he works with the technology. I feel good about it from his input and seeing the financials.
The volume is so low I don't want to name it here.
PearlJammin said:Here! She's been doing well since I got in at 1.62. Don't plan to sell for a long time.H-town ag said:
Anyone watching $VEON?
So is this a bet that SPY closes below 439 on 9/17?Tomas Hermensa said:
I got 9/17 SPY 437/439 call credit spreads to fill today for $1.75. That's below the 50-ma and the low BB. It seemed like a good place for a 7:1 risk/reward.
Tomas Hermensa said:
I got 9/17 SPY 437/439 call credit spreads to fill today for $1.75. That's below the 50-ma and the low BB. It seemed like a good place for a 7:1 risk/reward.
There's only a 30 cent delta on the 439/437 puts, so it's definitely the call side he's talking about at 1.75.slacker00 said:
Hoping he meant PUT???
AG 2000' said:Tomas Hermensa said:
I got 9/17 SPY 437/439 call credit spreads to fill today for $1.75. That's below the 50-ma and the low BB. It seemed like a good place for a 7:1 risk/reward.
Buying the 439, selling the 437?
Rusty (Russell 2000) following Posty to a point today.McInnis 03 said:
So.....a follow I respect on twitter has some pretty amazing pivots he used to calculate on a daily basis and he'd post them the night before as levels to respect. Another random twitter dude figured out the calcs and when they worked together they published code to TradingView to draw out these pivots free, but they locked it.
After some discussions, they unlocked the code and now we have some folks trying to port it to TOS.
Anyways, I have the ported code, and it works great for equities, but it's not calculating right for futures at the moment which is where the low hanging fruit truly lies............
Anyway, if anyone is interested in a BETA version of Posty Pivots (@PostyTrades) for TOS I'm happy to share here and to explain it if you understand that this isn't final yet and actionable levels could be off until we get this tuned up to pull proper timeframes on futures.
Lemme know and I can post the shared code.
This is what you see on TradingView as a default for Posty Pivots.McInnis 03 said:Rusty (Russell 2000) following Posty to a point today.McInnis 03 said:
So.....a follow I respect on twitter has some pretty amazing pivots he used to calculate on a daily basis and he'd post them the night before as levels to respect. Another random twitter dude figured out the calcs and when they worked together they published code to TradingView to draw out these pivots free, but they locked it.
After some discussions, they unlocked the code and now we have some folks trying to port it to TOS.
Anyways, I have the ported code, and it works great for equities, but it's not calculating right for futures at the moment which is where the low hanging fruit truly lies............
Anyway, if anyone is interested in a BETA version of Posty Pivots (@PostyTrades) for TOS I'm happy to share here and to explain it if you understand that this isn't final yet and actionable levels could be off until we get this tuned up to pull proper timeframes on futures.
Lemme know and I can post the shared code.
I bleed maroon said:Sounds like it could be an investable idea - good luck!bmks270 said:I bleed maroon said:Good luck, but without knowing which company this is, it sounds nothing like a "low risk" proposition. I have highlighted the parts above that lead me to believe this is a very high risk stock.bmks270 said:
How do guys feel about low volume stocks?
I just bought some shares of a very low volume stock, most days only hundreds of shares, a few days here and there in the thousands. It dropped 10% already this morning on only 9,000 shares of volume. Good for me since I bought some shares 10% off its high.
Market cap is about 6 billion.
It's a higher risk but potentially high reward.
It's already tripled since it started trading about a year ago.
It feels low risk since my friend in the industry is really high on it. Also financials look good for a growth stock IMO.
Appreciate the take. I invested a small enough amount that I can accept the risk. The balance sheet is pretty good. Net income went from -10 million to -1 million year over year with revenue up 50%. They have big customers already, and are adopting latest industry tech. Leader and founder was former leader of the biggest company in the space, though most of the top companies are using tech and methods that are being made obsolete by newer technology, and this companies focus is going all in on the new technology side of things. They are buying up other companies in the space. Just my friend knows who they've bought up, who their competitors are, he works with the technology. I feel good about it from his input and seeing the financials.
The volume is so low I don't want to name it here.
My only point was that it appears to be a high-risk, speculative play. These are just fine as a small portion of your portfolio, with money you can afford to lose. But, to reiterate, it doesn't feel low risk at all.
AG 2000' said:Tomas Hermensa said:
I got 9/17 SPY 437/439 call credit spreads to fill today for $1.75. That's below the 50-ma and the low BB. It seemed like a good place for a 7:1 risk/reward.
Buying the 439, selling the 437?
Tomas Hermensa said:
I closed those for less than my average cost. I think even with the fees I made a few dollars. Stupid is victorious again! I'm not sure why I got backwards with the thinking on that spread.