I dumped 490 GTII at $1.25, kept 200 in the hopes it still may squeeze someday and make up the loss I just ate. Ran my AABB holdings up to 15K since it's on sale at .20. Also added 35K in ICBU, a bit coin miner, at .013.
I guess all that maneuvering this morning worked. I ended the day -$3.50...and that includes the $500+ loss I ate on the shares of GTII. My newly acquired ICBU gained 24% and there is PR coming on Monday which should run it up even further. Maybe. But probably not. I'm still baffled that AABB is sitting at .21. At least I've averaged it down to .235 now, so it won't take much to get back in the green. It managed to set a new higher bottom and hold strong at .20 (And I was able to take advantage of it, so Yay!) It's just about time for it to make another run up, though I doubt I'll sell even then. I'm kind of planning to HODL this one long enough to not worry about capital gains. Wishful thinking, but what the hell.
DFV exercised all his GME options today and quadrupled down. https://www.reddit.com/r/wallstreetbets/comments/msblc3/gme_yolo_update_apr_16_2021_final_update/
AABB has been dropping for 2 weeks. Today the news came out that their new gold mine actually does contain gold. The price dropped again, The new rumor is that they're in the beta testing stage of their new exchange, and the price is still dropping. This ticker does not behave anything like normal. So, once again, fuck it: I added 5k more shares. I also bought a new hat.
Bought 5K more AABB since it's still on sale, brought my average down to .215. Dividend cut off date is 04/28 and right now I'm set for 555 free shares.
My account was up $2300 yesterday, including AABB gaining 25%. This morning they announced they've bought another gold mine....and the price dropped. So I added another 4K. That's it, I'm out of funds in that account to play this game. Now I wait and see what happens.
It was up to $2.10 earlier in the day and then dropped like a rock. AABB now has their own youtube channel. Interesting tactic.
I just bailed on it at $2.17. I lost about $600 on that one. I was able to get enough to buy 2500 more AABB, which is still on sale, and bring myself to 31.5K shares. That will net me a total of 700 free shares next week.
$2.32 now. My cost basis is $2.4. I’ll probably sell some around 3 to recoup a bit then hold on and see what happens
Damn GTII had a good little run there at the end to close at $2.675. Just shy of a 41% increase for the day.
Proving once again that AABB doesn't act like ordinary stock, today was dividend cut off day and the price was down on extremely low volume. Yesterday? Down. It's pretty much stabilized only losing fractions of a cent everyday, but I've never heard of low volume and losing value on the run up to a dividend. Oh well, I funded my trading account on the assumption that the price will drop after dividend cut off so I'm prepared to load up if it drops under .20, but now I have no fucking clue what it may or may not do. At least I'm prepared for whatever it does.
A little success story from today. The ticker SPZI, which has been dark for about 10 years, suddenly started climbing with no PR, nothing. I bought 100K for $280 and sold an hour later for $400. It had 2B in volume today and closed at .0036. Not a great profit, but clearing $100 after trade fees in an hour isn't the worst thing that's ever happened to me.