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Finance Thread

Discussion in 'Permanent Threads' started by ryrob, Oct 21, 2009.

  1. downndirty

    downndirty
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    You're taking this biz dev role to heart. Good luck.

    If you need help reaching them, let me know. I still know some folks working in retail tech.
     
  2. Revengeofthenerds

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    ER Frequent Flyer Platinum Member

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    Down payment on a trailer here I come
     
  3. AFHokie

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    Single or double wide?
     
  4. Revengeofthenerds

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    camper. I was joking. Kinda.
     
  5. Nettdata

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    So was he. Kinda.
     
  6. Revengeofthenerds

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    my wife doesn’t understand it but she’s pulling for us (heh). I’m waiting until GTII goes up a bit more then I’ll get one more share of GME if it dips again. But at this point i think writing is on the wall for it to get crazy. Kinda.
     
  7. toytoy88

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    I came across an interesting (And possibly profitable) ticker today: INCT

    The most concerning thing is the OS is nuts. Something like 50B shares. Supposedly they have already retired 75% of those, which still leaves it way, way to high, but there are further reductions supposed to come in the future. The company is current with Pink.

    The company owns Banana Box food distributors and a few small media companies, but the most intriguing thing is this: There is a LOI for them to merge with Quantrix Golf. Even more interesting is daddy owns INCT and his son owns Quantrix, so it's probably a done deal at this point.

    While researching the company I did see a bid for 1B shares this morning, which means someone is willing to invest a decent chunk of change on this one.

    And then we come to the price; .0007. 1M shares for $700. I doubt with the current number of OS this will even see nickels and dimes any time soon, but if they do further reductions down to the 1-2B neighborhood it could certainly post a decent price. Even if it doesn't, with 1M shares it will gain $100 every time it moves up .0001. I figured it was worth a try.
     
  8. bebop007

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    A lesser man would feel like a dumbass for selling his AMC shares for about $9 back in March.......................
     
  9. Nettdata

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    I know, right? I got out at $12.50.
     
  10. GcDiaz

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    Sucks to be you*, it's over $30. What the fuck are these autists playing at?

    *I sold at $6.88
     
  11. Nettdata

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    Luckily I'm all about the GME right now... as it's already up over $265 this morning.

    If you haven't read this, it's worth reading: https://www.reddit.com/r/Superstonk/comments/nm83eb/a_house_of_cards_parts_i_ii_iii_in_pdf/

    https://www.reddit.com/user/atobitt has done a really good job of putting together a ton of solid DD, and has been having it vetted by various high-credential sources.

    That PDF is his magnum opus, and it seems pretty legit.


    I have to think there is no way that this GME shit doesn't bring on some long term changes to the trading world.
     
  12. toytoy88

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    It was a very short foray into INCT, AABB dipped below .20 and I had no other way to fund another buy, so bye-bye 1M INCT at a small loss, at least for now. I'll have to reload my account for next week.
     
  13. effinshenanigans

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    It might not be catching headlines, but VSTO has climbed 35% in the last month and I'm up 41% on my investment.

    I'm going to see what the ceiling looks like, but it appears that the undervalued moniker is fading a bit.
     
  14. toytoy88

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    I don't know how much validity this has, or how many people might be involved, but it might bear keeping an eye on. I suspect it may just be some bag holders trying to run a pump and dump, but if a person could get in at the bottom they might make a little change.
     
  15. SouthernIdiot

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    Looks like the meme stocks are hot today.
     
  16. Nettdata

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    GME doesn't suck, that's for sure. I also received all my shareholder paperwork in the mail yesterday... interesting read. (The proxy statement as well as the Annual Report).

    Even after the moon shot, I think this company has some serious legs... I'll be in for the long haul (after I take some profit).
     
  17. toytoy88

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    Pump and dump. Ticker was BSEG. It opened at .078. rocketed up to .42 and dropped to a close of .1
     
  18. bebop007

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    Trading on AMC halted as it went over $60 today.

    Jesus...........
     
  19. xrayvision

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    Big day for stonks!
     
  20. GcDiaz

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    I'd already sold off and pulled all my money, so these new spikes are an exercise in resisting FOMO. Too late to jump in now anyway.