***Official*** 2018 Stock Market Thread

[DietDrThunder]

I'm liking this Ferengi thing.

Ugh. Looks like I'll have to start watching GE.

When looking at GE, remember rule # 3 - "Never spend more for an acquisition than you have to."

 

[dasherHampton]

That's true, but timing every acquisition for optimal profit is most certainly a hard thing to do.

We'd all be billionaires. lol

I try to find a certain window: buy as a stock is going up, and sell before it hits the top and starts going down. That way I can get in the house, steal some profit, and get back out before the police arrive.

Day Trader's Bible - chapter 1 verse 1.

 

[FIVR]

Hey guys I'm buying up this IMGN stock because It seems like a nice one. Got some shares pre market for 12.03. Up 4% so far today.


No idea what they do or what their financials look like, just going off technicals.

 

[dasherHampton]

I think I might have something good going here with TKR.

 

[FIVR]

What does this TKR company do? Impressive run up today

edit forward P/E of 13. 2.37% annual dividend yield. These guys must be selling fentanyl.

 

[dasherHampton]

Hey guys I'm buying up this IMGN stock because It seems like a nice one. Got some shares pre market for 12.03. Up 4% so far today.


No idea what they do or what their financials look like, just going off technicals.

That could be decent. How many shares did you buy?

 

[dasherHampton]

TKR is industrial. Wasn't on my watchlist.

Got a tip form a friend.

 

[FIVR]

That could be decent. How many shares did you buy?

Only 200 because I have no idea what they do

 

[DietDrThunder]

Hey guys I'm buying up this IMGN stock because It seems like a nice one. Got some shares pre market for 12.03. Up 4% so far today.


No idea what they do or what their financials look like, just going off technicals.

ImmunoGen, Inc., a clinical-stage biotechnology company, focuses on developing antibody-drug conjugate (ADC) therapies to treat cancer.

I've looked at this company before and their stock price over the long term is pretty flat. If it were me, take the 4% one day gain and sell, but that's just me.

 

[dasherHampton]

Still, you're up.

It's flattening though. Keep an eye on it.

 

[dasherHampton]

I upped my APA options from 36.5 last week to 37. Expire on Fri.

Spike in oil helps for sure.

 

[dasherHampton]

I would seriously consider selling IMGN. Could be a pump and dump.

Again - just my opinion.

Next time you feel that good vibe on a stock that cheap buy a few thousand shares. That way you don't need a huge run up to make a decent profit.

 

[dasherHampton]

Took the profit on TKR.

3000 shares, bought at 48 sold at almost 49. Not bad.

I think I'm almost fat for the day.

 

[FIVR]

Sold. Free dinner collect $100

 

[DietDrThunder]

Sold. Free dinner collect $100

Rule of Acquisition # 58 - "There is no substitute for success."

 

[dasherHampton]

Sold. Free dinner collect $100

There you go, man. Nice.

High Five. Next time go for two free dinners.

And then 4 and then....

Wait I'm getting ahead of myself.

 

[FIVR]

FB is crashing hard for the second day. Should've bought puts. Learned my lesson from Equifax on jumping in late though, won't touch it.

 

[dasherHampton]

With crude spiking NBR could be watchlist worthy.

 

[Pantoot]

In for some ORCL, hopefully not for too long.

 

[dasherHampton]

BLUE is down another 15 points.

That could be a superball bounce for anybody who times it effectively..

 

[dasherHampton]

So I get home from bullshit meetings only to find out BLUE rallied late again?

Fuck me, man. Fuck me raw. That cost me ten fucking grand.

 

[DietDrThunder]

So I get home from bullshit meetings only to find out BLUE rallied late again?

Fuck me, man. Fuck me raw. That cost me ten fucking grand.

Ferengi Rule of Acquisition # 240 - "Time, like latinum, is a highly limited commodity."

 

[dasherHampton]

I'm still pissed this morning.

I know it goes against one of the rules of trading: "Don't obsess over gains you could have had" but I watched that stock like a hawk for at least a week.

Stalked it like a big game hunter only to line up for the shot and realize I forgot my rifle at hime.

 

[DietDrThunder]

Ferengi Rule of acquisition # 183 - "When life hands you ungaberries, make detergent."

 

[dasherHampton]

This would have been unimaginable a few days ago but FB might be falling into bounce stock territory.

When is impossible to say but it could happen.