OT: Stock and Investment Thread

mdk02

Heisman
Aug 18, 2011
26,314
18,628
113
Apparently trading is halted on GME and AMC? I looked at my TD Ameritrade account and you can't buy (not that I was looking to lol)

Trading was halted for a while on BGS this morning for a while as well. I think the the people in charge of the exchanges are getting a little worried. Over the long run this will very likely end badly.
 
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Oct 21, 2010
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Transocean Offshore looks interesting at less than $4/sh. The Biden Administration will be good for the oil co's. may buy 1000 shares and throw it into the account.
 
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Oct 19, 2010
207,472
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0
Do you still own it?

LOL. I do. I bought FCEL back in 2014 for about $2,500. Went all the way down under $20 at one point. Added 25 shares in early December @ $7.50. So ... total account value is now ~$800. 😕 Still a long way to go to ever get back to even, but who knows? Maybe this rocket ship keeps accelerating.

In hindsight, I should have bought 2,500 shares in early December. Or a year ago.
 

T2Kplus20

Heisman
May 1, 2007
30,783
18,806
113
LOL. I do. I bought FCEL back in 2014 for about $2,500. Went all the way down under $20 at one point. Added 25 shares in early December @ $7.50. So ... total account value is now ~$800. 😕 Still a long way to go to ever get back to even, but who knows? Maybe this rocket ship keeps accelerating.

In hindsight, I should have bought 2,500 shares in early December. Or a year ago.
Perhaps Elon will start tweeting about FCEL? That seems to do the trick!
 

beaced_rivals

Heisman
Jul 18, 2004
32,005
10,323
0
bought @ $20 200 shares. Took 50 off at $60 and just took another 50 off at $283. total cost basis on shares was $4106 incl commish. 50 @ 60 was netted me. 3073, 50 @ 283 netted antoher $ 14k. letting the rest ride supposedly the squeeze will come this friday.
well done. profits are good. squeeze should get you a bunch. 1000 @PER SH. ?
 
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phs73rc77gsm83

All-Conference
Aug 11, 2011
3,055
3,852
83
I don’t think they can just sell. Insiders need to file paper work and wait. This must be killing them.
Insiders can sell as long as the aren’t doing it with knowledge of material, non-public information and as long as they are not in a no sell window (can’t sell around earnings time and other blackoutsmay apply for IPOs but that doesn’t apply here). They must file Form 4 (Statement of Change in Beneficial Ownership) within two days of the transaction.

edit: I should add that 10b5-1 is also often used by insiders for replanned sales based on certain defined criteria. I don’t think that would apply here since I doubt the insiders envisioned this all happening. I linked a summary of 10b5-1 much earlier in this thread in reference to Moderna insider sales last year.
 
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RUBlackout

All-American
Mar 11, 2008
10,622
6,464
113
Im in on BB at $8sh before the run up the past week. Hasnt popped as much as I thought it would be watching GME but cant complain either.
Only bot 300 shares as I knew this would be gambling more than anything else though I do think BB has a good business model the more I have looked into them.

I have owned PLTR though since I bought 1350 shares @ $9.70 and that seems to be getting a nice run up itself and clearly a much larger gain
 

RUBlackout

All-American
Mar 11, 2008
10,622
6,464
113

Jtung230

Heisman
Jun 30, 2005
18,958
12,152
82
Insiders can sell as long as the aren’t doing it with knowledge of material, non-public information and as long as they are not in a no sell window (can’t sell around earnings time and other blackoutsmay apply for IPOs but that doesn’t apply here). They must file Form 4 (Statement of Change in Beneficial Ownership) within two days of the transaction.
Sell Mortimer!!!! These guys are stupid for not selling.
 

Vlife

Senior
Nov 20, 2001
455
582
46
Sell Mortimer!!!! These guys are stupid for not selling.

 

mdk02

Heisman
Aug 18, 2011
26,314
18,628
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Leave it to the government to try to "fix" a situation which does not need fixing. We all know who this is meant to protect and it is not the "little guy" who wants to make a few shekels.

Just what Joe Kennedy said in the late 20's
 
Oct 21, 2010
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Just what Joe Kennedy said in the late 20's
My BIG wall St. learning lesson happened during the market crash of 2007/2008 was this. During that time not one Wall St. executive went to jail nor were even prosecuted even though Billions of dollars were lost and millions of people were evicted from their homes. Also during this time several thousand Retail Wall St. Brokers, the people who help the little guys navigate the market were taken to arbitration and many fined and had restitution judgements against them. In one case, a broker advised his clients to sell and his firm went after him because it went against what their analyst was advising even though he ended up being correct. The government does its best to protect their friends and colleagues NOT the little guys like you and me. That is why I am for more open markets and freedom for people to make mistakes than the blatant manipulation by the government entities to protect their wealthy friends interests. Whenever the government says, "this is to protect the individual investor" or "this is to bring fairness", watch out, you know someone is getting screwed and it most likely are the little guys like you and me. This same principle applies to healthcare. With all the blatant mismanagement of many government programs I cannot figure out for the life of me why anyone would want the government involved in your healthcare. While the system has issues, a government controlled system will raise costs and lower the level of care by alot.
 

RUBlackout

All-American
Mar 11, 2008
10,622
6,464
113
My BIG wall St. learning lesson happened during the market crash of 2007/2008 was this. During that time not one Wall St. executive went to jail nor were even prosecuted even though Billions of dollars were lost and millions of people were evicted from their homes. Also during this time several thousand Retail Wall St. Brokers, the people who help the little guys navigate the market were taken to arbitration and many fined and had restitution judgements against them. In one case, a broker advised his clients to sell and his firm went after him because it went against what their analyst was advising even though he ended up being correct. The government does its best to protect their friends and colleagues NOT the little guys like you and me. That is why I am for more open markets and freedom for people to make mistakes than the blatant manipulation by the government entities to protect their wealthy friends interests. Whenever the government says, "this is to protect the individual investor" or "this is to bring fairness", watch out, you know someone is getting screwed and it most likely are the little guys like you and me. This same principle applies to healthcare. With all the blatant mismanagement of many government programs I cannot figure out for the life of me why anyone would want the government involved in your healthcare. While the system has issues, a government controlled system will raise costs and lower the level of care by alot.


Count agree more. Why we don't have a preventative healthcare system is beyond me and it only build today to fill the greed of these insurance companies
 

mdk02

Heisman
Aug 18, 2011
26,314
18,628
113
My BIG wall St. learning lesson happened during the market crash of 2007/2008 was this. During that time not one Wall St. executive went to jail nor were even prosecuted even though Billions of dollars were lost and millions of people were evicted from their homes. Also during this time several thousand Retail Wall St. Brokers, the people who help the little guys navigate the market were taken to arbitration and many fined and had restitution judgements against them. In one case, a broker advised his clients to sell and his firm went after him because it went against what their analyst was advising even though he ended up being correct. The government does its best to protect their friends and colleagues NOT the little guys like you and me. That is why I am for more open markets and freedom for people to make mistakes than the blatant manipulation by the government entities to protect their wealthy friends interests. Whenever the government says, "this is to protect the individual investor" or "this is to bring fairness", watch out, you know someone is getting screwed and it most likely are the little guys like you and me. This same principle applies to healthcare. With all the blatant mismanagement of many government programs I cannot figure out for the life of me why anyone would want the government involved in your healthcare. While the system has issues, a government controlled system will raise costs and lower the level of care by alot.

And thousands of retail brokers were taken to arbitration after 10/19/87 with respect to portfolio insurance. But the folks who should have gone to jail in 07/08 were actually these mortgage brokers who were openly encouraging liars loans.. Want to know who caused people to be evicted from their homes? It wasn't the retail brokers, it was the folks that put them into homes they couldn't afford. Could they go after the retail guys on Wall St for failure to exercise due diligence? Hell yes and they did. But that's not a crime.
 

T2Kplus20

Heisman
May 1, 2007
30,783
18,806
113
And thousands of retail brokers were taken to arbitration after 10/19/87 with respect to portfolio insurance. But the folks who should have gone to jail in 07/08 were actually these mortgage brokers who were openly encouraging liars loans.. Want to know who caused people to be evicted from their homes? It wasn't the retail brokers, it was the folks that put them into homes they couldn't afford. Could they go after the retail guys on Wall St for failure to exercise due diligence? Hell yes and they did. But that's not a crime.
And there are plenty of regular people that deserve the blame for buying houses that they coudn't come close to affording. Bills gotta be paid.
 

mdk02

Heisman
Aug 18, 2011
26,314
18,628
113
And there are plenty of regular people that deserve the blame for buying houses that they coudn't come close to affording. Bills gotta be paid.

Well the folks that signed those application for liars loans can hardly be called innocent victims. But the mortgage brokers were the ones that said "no problem". It also is the prime case for some sort of financial study in schools. But that would get in the way of Victimhood Studies which seems to dominate currently.
 

rurichdog

Heisman
Sep 30, 2006
116,807
14,389
0
r/wallstreetbets just got taken private by the moderators
Discord banned wallstreetbets channel
LULZ

"Hate speech" is the reasoning.
 
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Jtung230

Heisman
Jun 30, 2005
18,958
12,152
82
I don’t feel bad for the managers. They got too greedy and over confident. They knew it was a possibility but just didn’t think any rational groups will pull the trigger. A lot of retail investors will feel the pain later too. It’s a zero sum game.
 

rurahrah000

All-Conference
Aug 21, 2010
3,223
2,172
88
Leave it to the government to try to "fix" a situation which does not need fixing. We all know who this is meant to protect and it is not the "little guy" who wants to make a few shekels.

Nasdaq is a private company and not run by US government
 

T2Kplus20

Heisman
May 1, 2007
30,783
18,806
113
ARK posted it's annual Big Idea report (need to download). Lots of great topics, including BTC/cryptos.


Very interesting report. Plenty of cool topics - deep learning, future data centers, EVs, automation, cell & gene therapy, etc.

As for BTC. Due to the continuing acceptance, growing opportunities, and low correlation with traditional investment options, ARK recommends portfolios to hold 2.55% to 6.55% of BTC (depending on comfort with volatility). This could impact BTC price by $200k to $500k. Also big shut out to ETH and the growing ETH network (page 42).

@RUTGERS95
@ScarletNut
@bob-loblaw
 
Oct 21, 2010
15,533
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Very interesting report. Plenty of cool topics - deep learning, future data centers, EVs, automation, cell & gene therapy, etc.

As for BTC. Due to the continuing acceptance, growing opportunities, and low correlation with traditional investment options, ARK recommends portfolios to hold 2.55% to 6.55% of BTC (depending on comfort with volatility). This could impact BTC price by $200k to $500k. Also big shut out to ETH and the growing ETH network (page 42).

@RUTGERS95
@ScarletNut
@bob-loblaw
Own every Ark ETF except the robotics fund. Cathie Wood and her team are doing a terrific job of identifying emerging technologies. Ark is getting ready to launch a commercial Space ETF which I will buy.