Sitting on the lake Winnie pier wishing I didn’t check stock prices
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Sitting on the lake Winnie pier wishing I didn’t check stock prices
Haven't felt this nervous about anything in quite some time. It's all house money but it feels weird betting against the masses. But just like sportsbetting when everyone is betting one way we know what happens....
Tesla,
https://www.youtube.com/watch?v=31Jgusm3tzs
After hours $316. Still 40 mins until the call.
Going to be a wild ride.
What bet do you have?Quote:
Originally Posted by simpdog
at this point looks like a hugely disappointing move for options buyers...pricing in 10% move and only got like 4-5%...
premium down the shitter...
Shares and options. Need it to get back above 330 by next weekQuote:
Originally Posted by snake_in_the_assWhat bet do you have?Quote:
Originally Posted by simpdog
Sold half at 71 last week, sold the other half today at 66.60.... apropos number for the trade.Quote:
Originally Posted by SanlmarThe gap I was looking at was between roughly 70.50 and 72. In the strictest sense the body of our candles have not filled the gap but I am going to consider the work complete here.Quote:
Originally Posted by Daly
This is not a great spot. On the downside drilling $70, could get ugly but I have a feel. What I dislike is everyone sees the same thing.
Took 10 contracts $72 7/27 calls 68˘. We are $70.95 with a bullet
I curse you for putting this on my radar. Lol, you claiming there is no gamble at the All Star break
My advice to anyone playing the market: stay away from gas, oil, gold, commodity stocks. They always suck. Just ask Pooh how much he got buried playing them.Quote:
Originally Posted by DalySold half at 71 last week, sold the other half today at 66.60.... apropos number for the trade.Quote:
Originally Posted by Sanlmar
Your Saudi $ went to TSLA
Monster pop. Looking to fade
80% of my losers come from that list. The other 20% is Biotech.Quote:
Originally Posted by snake_in_the_assMy advice to anyone playing the market: stay away from gas, oil, gold, commodity stocks. They always suck. Just ask Pooh how much he got buried playing them.Quote:
Originally Posted by Daly
I want to know how the CEO of a Fortune 500 company can tweet that he’s going to take his company private in the middle of a trading day and stay out of jail. Can you imagine if any one of the Wall Street Banks pulled a stunt like this?Quote:
Originally Posted by Sanlmar
The guy is like your hyper active sales guy who crushes his sales numbers but you just know he is gonna bid some colossal fuck up that will put you into bankruptcy.Quote:
Originally Posted by Sanlmar
I am quite happy to gamble the other side of Musk.
That worked out nicely. All the gains are gone.Quote:
Originally Posted by Sanlmar
Didn’t think people would suss Musk out so quickly
Bought a small amount back today.Quote:
Originally Posted by SanlmarThat worked out nicely. All the gains are gone.Quote:
Originally Posted by Sanlmar
Didn’t think people would suss Musk out so quickly
I think it will flutter around 370 until we know if that was all a huge bluff.
Acting like a champ on a real strong day.Quote:
Originally Posted by simpdogBought a small amount back today.Quote:
Originally Posted by Sanlmar
I think it will flutter around 370 until we know if that was all a huge bluff.
Nature abhors a vacuum and the gap down to $300 will get filled someday. All gaps get filled.
The SEC will make some statement eventually and that might be the catalyst. They never act quickly though. Lol, the board members scrambling to isolate themselves from Musk.
Lawyer up buddy.
I sold when the SEC was getting involved took a small loss.Quote:
Originally Posted by SanlmarActing like a champ on a real strong day.Quote:
Originally Posted by simpdog
Nature abhors a vacuum and the gap down to $300 will get filled someday. All gaps get filled.
The SEC will make some statement eventually and that might be the catalyst. They never act quickly though. Lol, the board members scrambling to isolate themselves from Musk.
Lawyer up buddy.
Luckboxed into a $32-> 44 win with Canopy (WEED) . Literally bought some at 32 the day before they announced the big investment at $48.60.
Better to be lucky than good.
Back to holding a lot of cash right now. It can't keep going like this forever right? I would feel bad for others but gladly would take a 20% haircut anyday.
WEED been your binky forever
Constellation brands news is huge for the whole segment.
Gonna have to think about a weed aid concert with John Melancamp for the independent farmers like Vegas
The best part about that Canopy deal was the Ontarian government just announced they were somewhat delaying our Weed plans. I was actually getting hyped up to post to short the weed stocks (I still think it may be a decent shot term play)
Instead of 40 stores in October, now it's going to be online only this year. The Conservative party wants to order their vices in private so no one in their congregation finds out about their weed addiction.
Next year they will allow stores and it sounds more retail. So longer term I feel it will be a big win for Canopy but in 2018 I can't see their sales looking too great.
Musk gave an interview and now it's down 7% today.Quote:
Originally Posted by SanlmarActing like a champ on a real strong day.Quote:
Originally Posted by simpdog
Nature abhors a vacuum and the gap down to $300 will get filled someday. All gaps get filled.
The SEC will make some statement eventually and that might be the catalyst. They never act quickly though. Lol, the board members scrambling to isolate themselves from Musk.
Lawyer up buddy.
Sounds like he needs a break. Running the site at a loss causes a lot of stress.
Filling that gap quicker than I thought.Quote:
Originally Posted by simpdogMusk gave an interview and now it's down 7% today.Quote:
Originally Posted by Sanlmar
Sounds like he needs a break. Running the site at a loss causes a lot of stress.
Yeah, Musk self reporting his stupidity. All I took from it was he is a lousy manager. The key to management in my experience is delegate delegate delegate. No reason for 120 hours a week.
Talk of grabbing the Facebook chick for CEO or similar. Love that irony. Additionally, the head of TSLA will still have no manufacturing expertise. They really aren’t manufacturing a product at a profit so much as selling a dream.
Musk as head of Sales would be a great fit.
His troubles aren’t behind him. This is fucking great theater though.
San check out weed and tilray
Insane. Im back into canopy weed at 50 and almost want to sell again
Don't forget CRON. The call options went bananas today for tilray & Cron. Probably another huge pop at the open.Quote:
Originally Posted by simpdog
Sold weed at 60.
I'm getting deep into Shopify. They are going to run cannabis sales in Ontario and they are schmoozing the weed companies as we speak. We are only online sales until next year so I can only imagine their bottom line is going to look very good in Q4.
Namaste may have something to say about it. It's going to double up here in a hurry, get in before you're shut out.
Betting on stoners, what can go wrong?
You were asking about Tilray privately.Quote:
Originally Posted by simpdog
Guys were texting me about SHOP and Tilray relentlessly. I was always busy and I usually kneejerk dismiss ideas that are not my own. It’s a weakness that cost me money here.
I wrote an anecdote about working with a guy who was watching his SHOP calls throughout the day. I just gave him an attaboy but regrettably passed.
Don’t get caught up in the fundamental stories like Constellation brands. That beverage makers want to purchase these companies because they don’t want to be left behind in the THC infused beverage market or whatever.
These are just huge momo plays. Traders are just gaming the price. You gotta have a great feel cause volatility kills sometimes. You gotta watch it constantly and breath in every move. I just haven’t done it.
Fuck fundamentals ... it’s price price price
You’ve killed it in this space dating back a long time ago.
Can’t follow everything and there is a different path for everyone. That’s what makes the game so great.
Keep it up kid.
Namaste took a nice fall this afternoon. We'll resume the uptick on Monday.Quote:
Originally Posted by simpdog
IPO tomorrow (RIV) TSXV
a friend said to fill my boots??
5k i will have a go
Canopy Rivers Corp. is coming to market riding a wave of elevated investor enthusiasm. The cannabis investment and operating platform promises to be, in our view, among the most exciting and best-structured RTOs or IPOs to list in 2018. We dive further into what makes Canopy Rivers such an appealing value proposition for investors, and provide other pertinent details.
Unlike most cannabis listings, Canopy River is not a licensed producer, biotech or ancillary device maker. The company works collaboratively with Canopy Growth to identify strategic affiliations seeking financial and/or operating support within the Canopy Growth group of companies. The net result is an ecosystem of complementary entities operating throughout the cannabis value chain.
Oh NOW all of you are on the marijuana train, huh.
Coke hopped on board with Aurora and their stock is up 50% in the past month.
YOURE WELCOME.
Tilray been moving like a dot com stock in 1999. Friend who exclusively trades options made over 1 million USD playing it this month. Uncle Sam is happy. I made $0.
I think she will reverse tomorrow based on one key indicator: the biggest bad luck person I know in stocks asked me about Tilray about 2 hours ago. Stock is up 18 after hours, probably reverses sometime tomorrow or even before market opens.
Up 50% after hours. Just nuts.Quote:
Originally Posted by snake_in_the_ass
Make that 2 million in profits. In 2 weeks! Wow. Shocked the sucker hasn't been halted.Quote:
Originally Posted by simpdogUp 50% after hours. Just nuts.Quote:
Originally Posted by snake_in_the_ass
It dove down to 185 in a massive sell off, then now is back to 231 and holding.Quote:
Originally Posted by snake_in_the_assMake that 2 million in profits. In 2 weeks! Wow. Shocked the sucker hasn't been halted.Quote:
Originally Posted by simpdog
Definitely .com like, will be interesting to see where it goes.
Peter Thiel-Backed Fund Hits the Jackpot With $12 Billion Tilray Stake
Of course. With all due respect FPS, the world is the PayPal Mafia’s playground.
Barry Bonds didn’t hit this many home runs. It’s the most amazing thing.
Quote:
Originally Posted by Sanlmar
$265. Every few hours I refresh to remind myself how I had some early on and sold for a quick gain that day.
I know Schadenfreude is for others, but can it also be for taking delight in my own pain? Or is there another word I should use to describe this?
EDIT: $296
EDIT : Back to $270
Anyone care for a game of roulette?
That close, Simp, is why you never regret booking a scalp.
Being a parasite is honorable work in uncertain times.
update i guess i was a little early.Quote:
Originally Posted by Baron Von Strucker
Quote:
TORONTO, Sept. 20, 2018 -- Canopy Rivers Inc. (TSXV:RIV) (“Canopy Rivers” or the “Company”) is pleased to announce that effective at the opening of the market today, September 20, 2018, the Company’s subordinated voting shares will begin trading on the TSX Venture Exchange (the “TSXV”) under the ticker symbol “RIV”.
I'm -$500 on RIV right now, thanks Baron.
Tilray starting to come back down to earth. Bouncing around in the 120's today.
Namaste starting to rise back up, I still think we see $5 before Christmas. It was added to the Weed ETF HMMJ.
Bump
CRC been a peach past couple months. From 48 to 28 to 50 to 38 and crashing hard. Down 300k since last Thursday. Paper loss but my anus is still gaping and bloody. Still wouldn't be surprised if it's 70+ year end.
I traded it quickly and made a few Benjamins after you mentioned it. But I don’t understand it’s sudden rise. Why are you so heavy in it ?Quote:
Originally Posted by Pooh
Ive recently bought some nwl vig khc ete fgp f nymt google ipay on this weakness. Really like nwl
Here for long term hold and appreciation. Will prob add to my visa tomorrow.