Stocks

BOSSMAN said:
I'm just gonna try and sit back and watch it unfold.
Not really sure what to expect at this point.
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It’s gonna sink hard on Friday when pple start selling

My strategy
To get out of torch ( profits will be more then dividends for me even if it’s $20div) and hold my mmatf shares

I’ll keep posted and others can do the same if we hear from the co
 
GQdaLEGEND said:
It’s gonna sink hard on Friday when pple start selling

My strategy
To get out of torch ( profits will be more then dividends for me even if it’s $20div) and hold my mmatf shares

I’ll keep posted and others can do the same if we hear from the co
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You know, that was kind of my thinking also.
 
I think there was someone here with me in HCMC

news > Invalid Link Removed
 
Invalid Link Removed
 
gme - offering closed and .. Invalid Link Removed


citadel is next ..might take some time, but they will be bankrupt too
 
Segansational said:
So this is interesting. But did GME stock price reflect this? Did they have to cover the short or do they get out of it by dissolving?
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unsure tryna get info on that ? maybe they do get out and their insurance from SEC kicks in ?
 
Segansational said:
So this is interesting. But did GME stock price reflect this? Did they have to cover the short or do they get out of it by dissolving?
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I believe they covered when GME took off. And that was enough to end them. The other hedgefunds had more leverage to not get margin called.
 
Something to think about. If most apes aren't selling, and many are buying more, how can they actually buy legitimate stock at this point? There is not an unlimited supply to buy. Buying volume in my opinion reveals an abundance, an excess of synthetic shares. Citadel and company is Willing to take down everything if they fall...
 
ValiantThor08 said:
HCMC a good penny stock option?
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I don’t think so, the company hasn’t proven much of anything. Their health food stores in Florida are mediocre and their e-cigarettes shops look ghetto. They did launch a online supplement store recently but I’m not shopping there.

This is purely on a gamble that they win a patent lawsuit against Philip Morris.

They may have a good product with their e-cigarettes.

If they win millions with good Managment maybe they can become something, who knows.
 
ValiantThor08 said:
HCMC a good penny stock option?
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my opinion .. if your not in it .. dont jump in

IQST ( Invalid Link Removed ) imo is one of the best penny stock but gets hammered by shorts .. they have great products and ceo made it clear that he wants it on nasdaq .. so hopefully one day we will see that .. i got in way too early but have faith in long term
 
GQdaLEGEND said:
my opinion .. if your not in it .. dont jump in

IQST ( Invalid Link Removed ) imo is one of the best penny stock but gets hammered by shorts .. they have great products and ceo made it clear that he wants it on nasdaq .. so hopefully one day we will see that .. i got in way too early but have faith in long term
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HCMC is like a cult lol
 
ax1 said:
HCMC is like a cult lol
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lol yup god forbid you talk bad about it on stocktwists or reddit .. you will hear it from every holder lol
 
GQdaLEGEND said:
lol yup god forbid you talk bad about it on stocktwists or reddit .. you will hear it from every holder lol
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It’s a curse, once your in it’s almost impossible to leave. Months ago when I was liquidating many of my penny stocks for AMC it was one of the few I held, and not for much good reason. Hopefully it will pay off and I’m still cursed to buy more till then lol
 
So fooling with HCMC, why when trying to buy any dollar amount does it come back and say infinity?Invalid Link RemovedInvalid Link RemovedAnd whats the significance of 614? I keep seeing that on boards
 
BOSSMAN said:
So fooling with HCMC, why when trying to buy any dollar amount does it come back and say infinity?Invalid Link RemovedInvalid Link RemovedAnd whats the significance of 614? I keep seeing that on boards
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unsure on the 614

but penny OTC stocks have to be bought by limit order i believe not market , you should be able to change your qty
 
BOSSMAN said:
So fooling with HCMC, why when trying to buy any dollar amount does it come back and say infinity?Invalid Link RemovedInvalid Link RemovedAnd whats the significance of 614? I keep seeing that on boards
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There are 614+ million shares on the market ask for 0.0012

As GQd says, use a limit order.
 
Thanks guys, yall know I'm only 3 months into this stuff and have had lots of questions and will have many more. Appreciate the brotherhood in here.

I have a hard time breaking down some of the legal verbiage, you guys bring it down to my level.

Haven't done any DD on the stock, but getting ready to now.
 
Serious question here..

I'd like to get my money out of Robinhood and into my Fidelity account which I just set up.
I'm assuming that this will all take a few days to complete.
Would you advise selling all 90 shares that I'm holding in RH and try to transfer it all into Fidelity asap and buy back in at 100% of the profits I made?
Or should I sell a little at a time and eventually empty the RH acct?
 
enhanced said:
Serious question here..

I'd like to get my money out of Robinhood and into my Fidelity account which I just set up.
I'm assuming that this will all take a few days to complete.
Would you advise selling all 90 shares that I'm holding in RH and try to transfer it all into Fidelity asap and buy back in at 100% of the profits I made?
Or should I sell a little at a time and eventually empty the RH acct?
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I'd think you wait until it's time to sell, and then only after sold make the money move. Would suck to be waiting for something to finally pop and have money tied up in transfer.
 
BOSSMAN said:
Thanks guys, yall know I'm only 3 months into this stuff and have had lots of questions and will have many more. Appreciate the brotherhood in here.

I have a hard time breaking down some of the legal verbiage, you guys bring it down to my level.

Haven't done any DD on the stock, but getting ready to now.
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Same here. Great group here. Love this forum.
 
enhanced said:
Serious question here..

I'd like to get my money out of Robinhood and into my Fidelity account which I just set up.
I'm assuming that this will all take a few days to complete.
Would you advise selling all 90 shares that I'm holding in RH and try to transfer it all into Fidelity asap and buy back in at 100% of the profits I made?
Or should I sell a little at a time and eventually empty the RH acct?
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thats tough .. technically you can move from one broker to another and they transfer everything .. but i think theres a charge and like bam bam said chance of missing out on something

thats tough .. get some info how long will it take to get the $ out from Robinhood & also how long will it take to get that money into fidelity ?

if its going to take 2-3 days to get the money to hit checking out & another 2-3 days to hit checking account > fidetly .. you might miss out on a spike

( Trey trades talked about this while back when GME was going on and he was against it due to "possibly missing out" )

me personally i would do 50% at a time and lets hope you dont miss out a big green day
 
GQdaLEGEND said:
thats tough .. technically you can move from one broker to another and they transfer everything .. but i think theres a charge and like bam bam said chance of missing out on something

thats tough .. get some info how long will it take to get the $ out from Robinhood & also how long will it take to get that money into fidelity ?

if its going to take 2-3 days to get the money to hit checking out & another 2-3 days to hit checking account > fidetly .. you might miss out on a spike

( Trey trades talked about this while back when GME was going on and he was against it due to "possibly missing out" )

me personally i would do 50% at a time and lets hope you dont miss out a big green day
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Yeah, both you & bambam bring up good points.. Really don't know why I waited this long.. I guess I might just sell a few hundred worth and see how long it takes for the entire transaction to go through.
 
enhanced said:
Serious question here..

I'd like to get my money out of Robinhood and into my Fidelity account which I just set up.
I'm assuming that this will all take a few days to complete.
Would you advise selling all 90 shares that I'm holding in RH and try to transfer it all into Fidelity asap and buy back in at 100% of the profits I made?
Or should I sell a little at a time and eventually empty the RH acct?
Click to expand...

It can take from a few days to a week to complete, I dont think now is the good time to do it.

The one option is if you have funds just buy in one account and sell off the Robinhood and transfer than back to your bank asap.

Dont forget to collect your tax forms from Robinhood next year. Keep in mind, I have no idea what the tax implications are if you do this.

If you juts keep it on Robinhood, at worst back in January the worst thing they did was limit buying, not selling. Learn how to limit sell on that, make sure you dont get ripped off when you sell but keep in mind if AMC is dropping like a hot knife in butter you need to make sure your sell limit is low enough where you dont have to set another sell limit price at a lower price than you originally intended out of desperation.
 
GQdaLEGEND said:
thats tough .. technically you can move from one broker to another and they transfer everything .. but i think theres a charge and like bam bam said chance of missing out on something

thats tough .. get some info how long will it take to get the $ out from Robinhood & also how long will it take to get that money into fidelity ?

if its going to take 2-3 days to get the money to hit checking out & another 2-3 days to hit checking account > fidetly .. you might miss out on a spike

( Trey trades talked about this while back when GME was going on and he was against it due to "possibly missing out" )

me personally i would do 50% at a time and lets hope you dont miss out a big green day
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Robinhood charges $75 last time I checked. WeBull had a promotion a while back where they give you all your money back after a transfer.

Personally, I dont think now is the time to play around but thats just me.
 
ax1 said:
Robinhood charges $75 last time I checked. WeBull had a promotion a while back where they give you all your money back after a transfer.

Personally, I dont think now is the time to play around but thats just me.
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yup i wouldnt

@enhanced if it was me and if i had money laying around in my checking account .. i would use that first to buy the stocks in fidelity and then start to sell RH account and then just transfer the RH money to your checking account.
( i think thats the best plan if you had $ laying around that can be used and can go 1-2weeks without touching that $$ )
 
GQdaLEGEND said:
yup i wouldnt

@enhanced if it was me and if i had money laying around in my checking account .. i would use that first to buy the stocks in fidelity and then start to sell RH account and then just transfer the RH money to your checking account.
( i think thats the best plan if you had $ laying around that can be used and can go 1-2weeks without touching that $$ )
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I edited this into my post before but in case he missed it, keep in mind Im not sure the tax implications are....selling those Robinhood shares will be counted, and of course your buying at a higher cost at the different account but just saying I dunno if this turns out for better, worse or the same when it comes to taxes. I have no idea.
 
ax1 said:
If you juts keep it on Robinhood, at worst back in January the worst thing they did was limit buying, not selling.
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I wasn't around back then, but that sounds pretty bad. If they limited buying at one point which sounds pretty illegal or immoral, what's to stop them from something else equally wrong during the next squeeze? Granted, the rest of the ins and outs I'm not familiar with, so I'm just glad I'm not in Robinhood because what they did sounds more like they stole from the poor.
 
GQdaLEGEND said:
yup i wouldnt

@enhanced if it was me and if i had money laying around in my checking account .. i would use that first to buy the stocks in fidelity and then start to sell RH account and then just transfer the RH money to your checking account.
( i think thats the best plan if you had $ laying around that can be used and can go 1-2weeks without touching that $$ )
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This sounds like the best plan to me. I just don't trust Robinhood to do anything positive since they already showed their true colors.
 
BOSSMAN said:
So fooling with HCMC, why when trying to buy any dollar amount does it come back and say infinity?Invalid Link RemovedInvalid Link RemovedAnd whats the significance of 614? I keep seeing that on boards
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Let me explain a little more since your unfamiliar with it.

The "bid" we have 1.986 active limit buy orders waiting for a seller to sell them shares at 0.0011

The "ask" are sellers that have in total 614 million active limit sell orders waiting to have buyers willing to pay 0.0012

You can set a limit order at 0.0011 and hope enough shares come through to first cover the other buyers at that price and then to you. At the end of the day if its not met your purchase is cancelled unless you set it to good till cancelled yourself.

So limit orders may need a little patience if you really want to get a better price, and they do work but this is where long term successful trading starts happening.

Now...keep in mind Fidelity doesnt show the 5th decimal so transactions also happen at 0.00115.
 
Thanks for the info/advice. I could pull from savings and buy today, but like y'all said. Taxes and the higher buy cost..
 
BOSSMAN said:
Thanks guys, yall know I'm only 3 months into this stuff and have had lots of questions and will have many more. Appreciate the brotherhood in here.

I have a hard time breaking down some of the legal verbiage, you guys bring it down to my level.

Haven't done any DD on the stock, but getting ready to now.
Click to expand...

I do most of my trading on Fidelity, but they dont have good tools to study actual stocks.

Do yourself a favor if you havent and download a app such as WeBull and set up your watch-lists there. Start looking at candles every day, look at the charts. Its a foreign language at first but soon enough with enough youtube instruction you understand it better and it will help make you better decisions. Learn to switch charts from 1 minute, 5 minute, 4 hours, etc.....you will see with time what Im talking about.

Maybe you know this already but Im just assuming you dont just in case.

I use WeBull desktop as well.
 
ax1 said:
I do most of my trading on Fidelity, but they dont have good tools to study actual stocks.

Do yourself a favor if you havent and download a app such as WeBull and set up your watch-lists there. Start looking at candles every day, look at the charts. Its a foreign language at first but soon enough with enough youtube instruction you understand it better and it will help make you better decisions. Learn to switch charts from 1 minute, 5 minute, 4 hours, etc.....you will see with time what Im talking about.

Maybe you know this already but Im just assuming you dont just in case.

I use WeBull desktop as well.
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I do have the webull app, learning Fidelity day by day.

Again, thanks for your time. Its greatly appreciated 💯
 
Ok, as we get closer, the wife is more and more involved, which I love!! She's been the voice of reason for the past 15 years.. Well, today, she decided to start reading threads on amc/reddit.. Yeah, she's friggin stoked!! Lol. I love it!
Tonight, as I'm getting ready to hit the showers, she comes in the bathroom and begins her questioning with, "don't take this the wrong way"... Then she asks about if these are all joint accounts.. I'm like, "babe, I'm not leaving you"!!! Lol, she laughed.. Then she brought up a valid point..
I have shares with Robinhood, Schwab, and Webull.. All in my name..
She asked, what if, God forbid, I get in a wreck to or from work.. How can she get some of these lemon peppah tendys!!??
I checked, & don't see anywhere on the apps to add her.. Might have to make some phone calls tomorrow.
 
enhanced said:
Ok, as we get closer, the wife is more and more involved, which I love!! She's been the voice of reason for the past 15 years.. Well, today, she decided to start reading threads on amc/reddit.. Yeah, she's friggin stoked!! Lol. I love it!
Tonight, as I'm getting ready to hit the showers, she comes in the bathroom and begins her questioning with, "don't take this the wrong way"... Then she asks about if these are all joint accounts.. I'm like, "babe, I'm not leaving you"!!! Lol, she laughed.. Then she brought up a valid point..
I have shares with Robinhood, Schwab, and Webull.. All in my name..
She asked, what if, God forbid, I get in a wreck to or from work.. How can she get some of these lemon peppah tendys!!??
I checked, & don't see anywhere on the apps to add her.. Might have to make some phone calls tomorrow.
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This past week I gave my wife my info, special instructions and target points on AMC and a brief long term plan on my other shares just in case. I really drilled into her how important AMC potentially may be with no promises, so she is aware what to do if anything happened to me.

She isnt so much into stocks, but thats what Im for. She is a 401k kinda girl, and I told her dont worry if AMC crashes the market that it will be taken care of lol.
 
Morning fellas, let's get some good vibes in here today. Been a slow few days as far as profit in my end.

Got in on CAPC, HCMC, and WSGF this morning.

Let's have a GREEN day!!!!!
 
BOSSMAN said:
Morning fellas, let's get some good vibes in here today. Been a slow few days as far as profit in my end.

Got in on CAPC, HCMC, and WSGF this morning.

Let's have a GREEN day!!!!!
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Your in a good price for HCMC, its pretty close to the bottom based on recent past performance. It often pumps up just on news that there is a hearing on that patent case.

I own a small amount of WSGF as well, have had that one for months. Right now just slightly in the red, have been in the green as well but Im not ready to be a swing trader, when I try that the stock blasts off to pluto lol. I might gamble on this one and hold it for years in case they get big, unless I hear something.
 
:poop: , I thought I bought trch on a dip...at $7, guess that wasn't quite the bottom
 
delsolrob said:
:poop: , I thought I bought trch on a dip...at $7, guess that wasn't quite the bottom
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Looking at the chart there definitly is still room for it to dip under $3 if it breaks this current level of resistance, that should be about bottom support.

Anything that spikes over a 45 degree angle is usually going to drop like a hot knife on butter. With TRCH it was understandable at there was a cut off date yesterday to get the dividend, so at least your looking forward to getting that whatever that turns out to be, and TRCH will merge with META (MMATF) which is holding over $9 still. There there was speculation of a short squeeze, but that requires a large amount of diamond handed holders through the short selling.
 
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