Of the $300 I put in so many weeks ago, I've taken back $110 after selling off AMC at a loss. The NOK is still there, $75 worth down to $34. DOGE is the sole survivor, put in $30 and it's up to $51.
I did a bit more research on AABB last night and frankly I'm starting to like the stock. It's back up to .27 right now. The cyrpto they're developing isn't strictly a China thing, it's aimed at Asia, including India which is another country with a lot of nationals living abroad. They're more of a metals company than anything else and they recently sold a gold mine for $82M and have another in Mexico that they're starting to develop. It's going to be volatile for awhile, but there is definitely good potential for a decent profit there.
just picked up 69 shares of $HITIF. I could have gotten more, but I'm a 13 year old at heart. They're gonna do an earnings report after close on Monday so I'm thinking 0.59/share was a pretty good entry point.
funny timing. Apparently someone on reddit posted that $AABB was a scam. And then the company responded. I like this movie. Glad I got tickets.
I made more money betting on horse races than day trading. At least with the ponies it was fun to research and make picks. I'm on the GME coaster now, riding it all the way to the sudden stop at the bottom.
That whole thread opens a very interesting can of worms, especially if, as the person who debunked the original claims pointed out, the original poster slanted their information to suit their own motivations. If the person that debunked the original claims is correct, the original poster yelled "Fire!" in a crowded movie theater with dubious claims. As a result a multi million dollar company suffered huge losses in value, as did possibly millions of investors. There were people saying "Bah. It was only a Reddit post" and dismissing it. Yet that same Reddit community is the same entity that is patting itself on the back for the whole GME thing and creating chaos in the market place. In the end, that person's post with dubious, unsubstantiated claims may have caused losses in the millions to not only AABB, but also to their investors. So who is responsible for the damages? The poster? Reddit for giving him a platform that reached millions? Twitter and Facebook for people that amplified the claims? Whatever the case, I doubt the whole downward spiral can be traced directly to the original poster, but he may well have been the first pebble that turned into an avalanche. If I were him I would delete every bit of evidence about my existence and go hide somewhere.
Maybe he just didn't like the stock? It's EXTREMELY difficult to prove any sort of stock manipulation and even more difficult to do so with an OTC stock which was trading for fractional pennies a month ago.
glad I got on this ride when I did before all the press. I think they have a case, certainly a cause of action.
I agree, that's why I said it opened up a can of worms. If a person is given a platform to voice their opinion, no matter how misguided, and people react due to that opinion and cause millions of dollars in damages...is that person responsible for those damages? Are they responsible if they knowingly manipulated the information to suit their own agenda? Is the platform they used to amplify their voice responsible for those damages?
At some point it's got to fall on the people who saw this random, anonymous post on Reddit and decided "hey, maybe they're totally right, let me base my entire investor strategy on it". It certainly is bad for the company that so many people would be so stupid.
Always remember that 50% of people have below average intelligence. Just for fun, $1.40 face value of old US silver coins equals 1 oz of silver. Spot silver price is disconnected from the real world, you're going to pay at least $35 an ounce if you want to hold the silver in your hand right now. I just picked these silver dollars up for $57. It's a bit above spot, but I like the history...these coins have seen some shit: WWI, WW2, the rise and fall of communism, a couple of presidents assassinated, the depression...
I can't get enough of GME. Bought back in for 500 at about $95, and my sell limit triggered at $125 today. I do believe I just made enough for a new, guilt-free shaper for the wood shop.
Just checked around the online silver sellers sites. There is basically nothing available under $40 an ounce (And even then, it's limited to a coin or two), there's a few pre-sales in the $33-36 range, but that's it. And yet the spot price keeps falling. Imagine that.
Im thinking about selling some shares in other positions that are doing well and increasing my position in that one. Another massive leak from a busted pipe today, gotta replace floors and walls and ceiling. I need some good news and I think this could be it. Or if not, fuck it. Why not
They seem to do news releases on Tuesdays, so we'll see what they have to say tomorrow. It would be nice to have a delivery date...that should make it leap. Maybe.
i have 69 shares of high tide ($HITIF) that has an earnings after hours today so I’m hoping that’ll go up and I’ll sell that and put whatever I make into $AABB.
Yeah, I need some good news myself. Silver is down .48 in the Asian markets right now and down $2 in the past few days. I wouldn't be so pissed if I could actually buy some. But no, the price to buy it keeps going up, if you can find anyone that has it and wants to sell it. That's not the way a market is supposed to work.