Jump to content

Surly #Stonks

Wally Fairway

By Wally Fairway
in Business and Markets

 Share

Recommended Posts

  • Replies 9.6k
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

Hank_Hill
Hank_Hill

Haven't mentioned it because didn't need naysayers because it is stupid, but I'm a med student doing this almost purely on my student loans while they're at zero interest. I've made +$20k since Decemb

Hank_Hill
Hank_Hill

The real treasure is the friends we make along the way

BradInATX
BradInATX

As long as 700% APR payday loans exist, you can fuck right off with "protecting people from themselves".

Posted Images

Blotto

Blotto 24010

Posted
Posted

Allow me to present the 5 year  chart of some shit crypto startup (DEFTF) I bought in the stonk frenzy of '21. the yellow circle around the end of the year indicates my carefully timed entry point. That piece of shit starting going down the next day and didnt stop until it hit about $.05. I'm finally back in the  black.

Masterfully played on my part. Not selling yet....because (Stonks)*(Crypto)=PROFIT

image.png.198438b8b98f406d7f91a1d7f4714039.png

I'll be back in a few  months  with an update  with DEFTF  back down to $.05.

  • Hook 'Em 2
  • Like 1
  • Haha 1
  • Drool 2
Link to comment
Share on other sites
GoneFission

GoneFission 3

Posted
Posted
53 minutes ago, Harrison Stafford said:

RVPH +.43 to 2.08 and halted.  Don’t see any news, so it’s probably due to volatility.  

They had a successful phase 3 and a decent short position. New financing is likely to fund more production. 

Link to comment
Share on other sites
Trey3216

Trey3216 15452

Posted
Posted
19 minutes ago, TonyTexas said:

IBRX announced a secondary offering yesterday after the close. Currently down $0.90 pre-market. 

I didn’t get to fully read the release in detail, but it damn near looked like the secondary offering had the potential to convert all their debt to equity.   

Link to comment
Share on other sites
Trey3216

Trey3216 15452

Posted
Posted
1 hour ago, Hefeweizen said:

Animated GIF

For a little while at least.  We know that PSS is the founder, primary shareholder and via bank connections is also the primary debt holder.  Seems roughly $100mm was converted from debt to pure equity (at a 33% discount to market price, which  is why the stock is down).  That's someone who is confident that the equity will be worth well north of the par value of the debt.    

 

That's the way it looks to me at least.  I could be totally wrong though.    But yes, it will be short term pain.  Need to get the EU/UK approvals and/or a partner/BO.  

  • Hook 'Em 3
Link to comment
Share on other sites
Wally Fairway

Wally Fairway 5674

Posted
  • Author
Posted (edited)
2 minutes ago, 52-80 said:

you miss 100% of the pennystocks you dont yolo

Penny stocks is a different thread, one that died several years ago. 

Although, many of the stonks that are followed & hyped have now become pennies

 

I mean, if I keep averaging down and doubling, redoubling, and reredoubling my shares then I have to get rich...amirite?

Edited by Wally Fairway
Link to comment
Share on other sites
Blotto

Blotto 24010

Posted
Posted
20 minutes ago, Hefeweizen said:

Ok I’m officially a stupid dead cat bounce buyer.  2000 shares at 3.10 boughtened.  Let’s roll.

I think I'm done buying shares. But some '26 or '27 leaps just got a lot more enticing. The business prospects haven't changed, only an additional 33M shares on a float of 660M. Seems like an overreaction. But Ive said that about 50 times while holding this one. One press release could pop this right back to where it was. 

  • Hook 'Em 1
  • Haha 1
Link to comment
Share on other sites
Harrison Stafford

Harrison Stafford 3392

Posted
Posted

Bad timing for the offering during tax selling season, but the money will be used for commercialization of Anktiva.  Seems to me IBRX could’ve waited 30 days and tax selling would’ve been over, and if the stock participated in the January effect, probably would be at a higher price. Doing the offering now makes everybody who bought the stock this year a potential tax seller.  I think they just don’t think about stuff like tax selling season. They are researchers and just look at what they’ll be needing and go do it when the filings and such are done. It’s not like they’re raising billions like an IPO might be doing.

Link to comment
Share on other sites
Harrison Stafford

Harrison Stafford 3392

Posted
Posted
On 12/6/2024 at 10:12 AM, Harrison Stafford said:

When RGTI pulls back to $3.60 and IRBT pulls back to $8.25, I’m interested.  

The volume in RGTI is just nuts. 250 mill outstanding and its traded 290 mill today so far.

It could still pull back in a hard correction, but I think people are recognizing their technology as some of the fastest and they are working with Amazon Web Sves and Nividia. Its hard to pick a different pullback target since it has essentially gone vertical.  Last Thursday, RGTI was $3.11 and it’s currently trading at $7.18 up 131% in the past five days.

  • Hook 'Em 1
Link to comment
Share on other sites
Blotto

Blotto 24010

Posted
Posted

every quantum computing stock has had their moment over the last few months. They each have their "selling points" as to why they are the chosen one and NVDA is working with all of them. The price action is being driven by a bunch of WSB apes in FOMO mode rather than any actual developments. 

image.thumb.png.38eb40636809c9d96ba34ba8759c0aae.png

Link to comment
Share on other sites
0xdeadbeef

0xdeadbeef 1699

Posted
Posted
On 12/11/2024 at 2:48 PM, Blotto said:

every quantum computing stock has had their moment over the last few months. They each have their "selling points" as to why they are the chosen one and NVDA is working with all of them. The price action is being driven by a bunch of WSB apes in FOMO mode rather than any actual developments. 

image.thumb.png.38eb40636809c9d96ba34ba8759c0aae.png

I've of the opinion that you can't make money off those unless you have insider information.

image.png.ba6b6e95a8ccc75b1ff6704085f2cc72.png

image.png.dcbe5ae7db84f6a7ca357b56a880c842.png

Link to comment
Share on other sites
nycHorn

nycHorn 3123

Posted
Posted
TNXP is stonkidy stonk I've been playing around with.  They've got a few govt contracts on a vaccine they're working on right now for mpox and a few other things.  Also have a clinical study for a new fibromyalgia drug.  
 
80k shares at .19  

This seems like it’s working out well.
Link to comment
Share on other sites
Blotto

Blotto 24010

Posted
Posted
8 minutes ago, Trey3216 said:

Holy Fucking Shit.  They dumped a $300mm shelf offering on the market after news that helped it run this morning.  Halted again.  Probably gonna wipe out the day's gains.  

That would be a bold move for a company that had a market cap of ~30M a few days ago, lulz. Where are you seeing that $300M figure?

Link to comment
Share on other sites
Trey3216

Trey3216 15452

Posted
Posted
Just now, Blotto said:

That would be a bold move for a company that had a market cap of ~30M a few days ago, lulz. Where are you seeing that $300M figure?

Saw on stocktwits, which is probably not the most reliable spot, but it looked to be an announcement by the company.  I'lll have to dig and find it.   

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing


Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!

×
×
  • Create New...