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Wally Fairway

By Wally Fairway
in Business and Markets

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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".

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42 minutes ago, Continental Op said:

AMC just issued $500m in debt and they already had a shitton of outstanding debt to begin with so I don't think the outlook is all that great for them but, say it with me folks, it's already priced in! 

not only that, the note was issued with rate north of 10%!!!!!!!!!  redeemable in 2 years.  its twice the size of their current cash balance... and they cant cash flow worth a shit

 

but then again the market has been rewarding this behavior so whatever

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Continental Op

Continental Op 3934

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Also on the AMC front, the chain just announced they are going to refuse to screen any Universal releases because Universal has decided that they're going to continue to release on VOD at the same time as theatrical release after the pandemic is over which means that anyone who wants to go to see a Universal movie in theaters will be going to a not AMC theater to see it. 

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RCRanger03

RCRanger03 1049

Posted
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5 minutes ago, Anastasis said:

Well, I was late to the UAVS pump, but apparently not too late. 

$RCRanger03 Surly STONK Support Scotch

I've got some more picks planned for tomorrow/Friday to hold over the weekend, but I'm tied up on my capital and I always jump in before I post

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RCRanger03

RCRanger03 1049

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1 minute ago, Anastasis said:

And just like that my trailing stop just hit.  +15% for a few minutes, I'll take it.  Should have gotten in on that action when RC first brought it to the board. 

At least you're not bag holding a shitload of DECN like me lol

Take your profits and sleep well my son

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ZB'Tejas

ZB'Tejas 593

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2 minutes ago, Anastasis said:

And just like that my trailing stop just hit.  +15% for a few minutes, I'll take it.  Should have gotten in on that action when RC first brought it to the board. 

Solid pick for sure. I didn't buy unfortunately but looking forward to the next idea.

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Anastasis

Anastasis 23390

Posted
Posted
Just now, babysdaddy said:


What did he say

Haven't seen teh full pool report...

https://finance.yahoo.com/news/gilead-says-remdesivir-hit-primary-124822894.html

Anthony Fauci, the head of NIAID and the government’s top infectious-disease specialist, said at a White House meeting with President Donald Trump and Louisiana Governor John Bel Edwards that the trial showed a significant positive effect on the virus and that the results “were quite good news.”

Fauci called the study the “first truly high-powered randomized placebo-controlled trial” of remdesivir.

 

Apparently, they are expecting a broader read out of results at the briefing this afternoon. 

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fattyflattie

fattyflattie 4636

Posted
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I sold at 1.15 on my second bite (32%).    I don’t time these things right but getting better.
 

Closed out my RIG this AM at 1.04, bought at .8025.    So some very good percentages for this week. Too bad the plays weren’t bigger.  Thanks @RCRanger03, hopefully you’ll have bottles stacked up in the cabinet soon. 

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Wally Fairway

Wally Fairway 5517

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I could just make the market go down if that would help everyone holding put/short positions.

a) step A - take cash and buy SPY, DIS, O&G, airlines, a little bit in Cruise ships, hotels, etc
b) step 2 - liquidate all puts
c) ??????
d) market goes down 15-20% - y'all profit

post-script - I refuse to capitulate; you can have my puts when you pry them from my cold dead hands (or when Mrs Fairway says WTF have you been doing?)

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Tailgate

Tailgate 3018

Posted
Posted (edited)

A bit of info on UAVS for those still holding. There was a video at this site earlier today https://www.morganchilcott.com/corporate-video

It was apparently an unboxing of an Amazon/AgEagle drone. The site has since gone private. 

Morgan is the daughter of the founder and chairman of UVAS and also "a creative person who does videos etc..." at least that's what it says when you google her name and see the website description.

This is the chatter on Stocktwits and several users saw it early this morning.

So, take it for what it is....and by no means is this a post to promote this company. This could all be bullshit and we will find out tomorrow.

But since this is in my play account...I will be holding until tomorrow....even though I am up on average 100% atm. #stonkgonnastonk

 

Edited by Tailgate
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Wally Fairway

Wally Fairway 5517

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If the SEC calls - I don't know you, and none of you know me.

Got it?

I sold most of mine, took almost all of my investment out, remaining shares have a net cost around $0.25 - so hopefully still a good day tomorrow. But I couldn't let it all ride. 

Edited by Wally Fairway
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Foosters

Foosters 17725

Posted
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30 minutes ago, Anastasis said:

Recalibrating...

 

Jesus man, these penny stocks are shady AF. Love it. 

Agreed.  I don't ever do this. Got some vanguard funds and an IRA, but never play with individuals stocks. Bought UAVS the other day at $.89 thanks to you assholes. Sold some this morning at $2.10. Still have a bunch left. Gonna let it ride. I do have some experience in the Grand Theft Auto virtual stock market. Made a virtual fortune.

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Wally Fairway

Wally Fairway 5517

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6 minutes ago, Continental Op said:

lol DIS

Seriously, what the hell is driving that - the vaccine hype? Just wait until it's announced that Mickey got the rona

And good job on UAVS at the close, sure it fell some; but I'm optimistic heading into tomorrow as there wasn't absurd volume that you typically see in a pump & dump. And for that I will be crying tomorrow when it crashes (double entendre intended) back down to earth again.

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Continental Op

Continental Op 3934

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Just now, Wally Fairway said:

Seriously, what the hell is driving that - the vaccine hype? Just wait until it's announced that Mickey got the rona

And good job on UAVS at the close, sure it fell some; but I'm optimistic heading into tomorrow as there wasn't absurd volume that you typically see in a pump & dump. And for that I will be crying tomorrow when it crashes (double entendre intended) back down to earth again.

The mayor of Orlando pretty much said "Fuck it.  Y'all figure it out!" as far as opening Disney World goes.  The Shanghai park is preparing to reopen with social distancing guidelines.  They'll be able to dump some of their movies in theaters this summer.  That's really all the positive news that's out there and none of that justifies the price being roughly where it was at this time last year.  

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