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Surly #Stonks


Wally Fairway

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With the upcoming Dec  31 deadline of the Brexit transition period, talk of a "no deal" transition has fired up again. I made a bet against the pound by buying puts on FXB hoping to get out after a decent run down this week, but chose the 1/15 expiry giving myself a little extra time if I decide things look proper fucked. Bought 129 puts yesterday  for $2.00 even. Not a stonk, but certainly a gamble as who the fuck knows if they will announce an agreement with the EU anytime soon. They usually always wait until the last day or two before kicking the can down the road again, so I'm figuring they will proceed with their usual sabre rattling for another week or so which hopefully causes the pound to fall a bit (has been the case with past brexit deadlines). Premarket looks promising, but this shit can change fast. 

https://www.bbc.com/news/uk-politics-55249561

Edited by Blotto
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I'm presenting/training all day, so won't be stonkin.

XMET is going to be shorted all day today and tomorrow and then until court news becomes apparent.

TSNP I'm not even going to watch I know I'm in for at least a year. I'll put an alert on $0.50 and $0.75 just for benchmarks.

ALPP next news is Tuesday, looks strong this morning we want to hold over .60 today

@ me if there is news about any of those

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It was an absolute red sea for me today. I excised pretty much all my bags prepping for the end of the year.

18 minutes ago, SuperSport said:

QUTRD apparently figured something out, up 50% this afternoon.

Was eyeing it at 2.35 yesterday... should have.

TSNP I averaged up to $0.14 any of my gains will be poured in as long as it's going down or remaining at this level. Before yesterday I was excited about this thing, now I'm over the moon. It's at ALPP level for me now.

XMET "news" look like they held a virtual status check yesterday instead of tomorrow, and scheduled a follow up court status check with "matter set" on the 1/8/21. Once this circulates flippers are probably going to jump ship, so if that is you I recommend you do so. The way I read it, no claims were filed and the matter set is vacating them. Status checks with custodians are for the court to see what "GOOD" the custodian has done for rehabilitating the company. The good will be removal of the illegitimate shares.

That being said if there is any change to the SS between now and then the game is on.

 

    OTHER EVENTS AND HEARINGS
06/09/2020     Initial Appearance Fee Disclosure
Initial Appearance Fee Disclosure
06/09/2020     Motion
Motion for Appointment of Custodian
06/10/2020     Clerk's Notice of Hearing
Notice of Hearing
06/11/2020     Certificate of Service
Certificate of Service
07/17/2020     Motion  (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
Motion for Appointment of Custodian
Minutes
Result: Granted
07/20/2020     Order
Order Appointing Custodian - XXStream Entertainment
07/20/2020     Notice of Entry of Order
Notice of Entry of Order
08/28/2020     Status Check  (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
Status Check: Custodian's Report
Minutes
Result: Minute Order - No Hearing Held
08/31/2020     Status Report
Custodian Status Report
09/23/2020     Motion
Motion to Require Proofs of Claim
09/23/2020     Clerk's Notice of Hearing
Notice of Hearing
09/24/2020     Status Check  (10:12 AM) (Judicial Officer Gonzalez, Elizabeth)
Status Check: Custodian's Report
Minutes
09/25/2020 Reset by Court to 09/24/2020
Result: Minute Order - No Hearing Held
09/28/2020     Certificate of Service
Certificate of Service
11/06/2020     Motion  (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
Motion to Require Proofs of Claim
Minutes
Result: Granted
11/10/2020     Order
Order Requiring Proofs of Claim
11/11/2020     Order
Order Requiring Proofs of Claim
11/12/2020     Notice of Entry of Order
Notice of Entry of Order
12/09/2020     Minute Order  (9:58 AM) (Judicial Officer Gonzalez, Elizabeth)
Minute Order Setting Status Check
Minutes

Result: Set Status Check

12/09/2020     Minute Order  (9:58 AM) (Judicial Officer Gonzalez, Elizabeth)
Minute Order Setting Status Check
     
     
Minutes
12/09/2020 9:58 AM
- COURT ORDERED, matter SET for status check. 1-8-21 CHAMBERS STATUS CHECK CLERK'S NOTE: A copy of this minute order was distributed via electronic mail. / dr 12-9-20
   
01/08/2021     Status Check  (3:00 AM) (Judicial Officer Gonzalez, Elizabeth)
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The rest of my xmet buy executed today, so in for a few million shares now. C'mon dollar-land lol.

TSNP was a bloodbath, trying my hardest not to ticker-watch there. Staying put, following RCR's lead. Might buy some more if it hits a dime again, and cost-average down a bit (original buy was .2.

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So want to play XMET long term, as above sounds like the price will be driven down over the next couple weeks as flippers give up, how low we thinking? I got in at several levels, average of ~.0017, just wondering if I should sell off (at a loss) and buy lower or just hold what I have. 

Edited by Hank_Hill
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So want to play XMET long term, as above sounds like the price will be driven down over the next couple weeks as flippers give up, how low we thinking? I got in at several levels, average of ~.0017, just wondering if I should sell off and buy lower or just hold what I have. 

Samesies
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XMET looked very strong in support at .001, I would rebuy my original .002 investment sell offs at that point. 

A downward push in PPS isn't worthwhile for a flipper if they kill it too much to go back up, so I'd expect to see a good deal of volatility in the current range over the next few weeks. So personally I wouldn't sell at a loss, but I'm not at risk of losing that money. I much prefer averaging down, but that takes more capital as opposed to deploying current capital.

Also to be clear news can literally come at any time about the claims period that ends tomorrow not just at the status check. At some point flippers will get left in the dust like they did down in the .0002 - .0004 range when it first moved up 10x in less than 10 minutes. That is the kind of movement the share structure and/or merger news will generate. You don't just buy back in on that kind of jump. 

Also also since it seems that there may be a merger buyer in pocket already (at least that seems to be the case, if the SS news comes out before that Jan 8th court case I wouldn't be surprised to see a quick sale (which comes with a legitimate risk of a R/S). 

  • Hook 'Em 2
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11 hours ago, Hank_Hill said:

Yea I'll probably hold. Running through it I don't think I'll gain THAT many shares with the current investment I'm willing to keep in this and it comes with risk of not getting back in like you say. Also I'm lazy and it took long enough to get to the amount of shares I wanted haha.

Did you get everything fulfilled yesterday like I did?

 

TSNP up big after-hours. No movement in XMET tho :).

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42 minutes ago, capnamerca said:

Did you get everything fulfilled yesterday like I did?

 

TSNP up big after-hours. No movement in XMET tho :).

I wouldn't say that 0.25 T Trade will be definitely indicative of the PPS today, as it was a sell not a buy that could have been put in before the PPS drop. Unless there is more news, I'd expect a continued short attack and typical OTC Friday selloffs to keep this in the $0.15 - $0.20 range.

Would love to be wrong on it going above that, but also really want to see it find a support bounce at .15 - .16, because if it doesn't it will probably gap down to .10 for another support test and I don't have any free capital at the moment so I'd be forced to sell another position to buy at that level lol.

Is anyone else loving that ALPP has a $0.58 support, because I know I am.

Edited by RCRanger03
  • Hook 'Em 1
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12 minutes ago, bluto said:

Holy shit frsx just jumped a full dollar. It had a large dip this wk and was getting tempting. F me.

My standing $2 sell order that I put on every night kicked in. Finally totally out of my shares. Should have set it for $3 lol. Over all profited about $5k on that play from the summer

 

$TSNP already recovering from the opening dip

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Anybody know why?

Foresight Autonomous Holdings Ltd. said Friday that its Rail Vision Ltd. affiliate has received an order from Knorr-Bremse Systeme fur Schienenfahrzeuge GmbH for two samples of their light rail vehicle system.

The company also said that Knorr-Bremse has ordered customization of Rail Vision's LRV system features according to Knorr-Bremse's requirements.

Revenue from this order is expected to total EUR400,000 ($485,000).

Knorr-Bremse recently invested $10 million in Rail Vision. Foresight owns 19.36% of Rail Vision's outstanding share capital.

Foresight shares rose 77% to $2.71 in premarket trading.
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On 12/7/2020 at 12:02 PM, Harrison Stafford said:

image.png.965d578d5d12a375ccc71489696386d4.pngBB

NantKwest (NK) +1.51 at $10.75.  Up 14%.  Billionaire owner with ties to the White House reuniting for Cancer Operation Moonshot.  Sen. Harry Reid is in remission with Metastatic Pancreatic Cancer due to NK therapy.  NK treatments added months to Alex Trebek’s life; productive months enabling him to continue working as the host of Jeopardy.  Have purchased NK 4x between $7.30 and $9 and been patient. I know I’m pounding the table on this stock, but believe this can be a game-changer in the treatment of cancer.  And, if we can all make some money on that journey, it makes the ride even better.

NK +1.44 at $12.50.  Up 13%.  NK is also a COVID play.

  • Hook 'Em 2
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In for a hundred SPXU 6.50 calls expiring today at a $.025 cost. Seemed liked a decent risk/reward profile with all of the shenanigans going on in the world today. Budget, Covid, Politics. Won't take much to spark a sell-off heading into the weekend. 

 

 

Edited by Blotto
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48 minutes ago, Wally Fairway said:

I'm looking at wasting some money on short-term SPY puts (12-16 and 12-21 expiry) because I think the rebalance (adding TSLA, dropping others) will cause a disruption. If I had more stonk funds I'd do it as a straddle/strangle but that just guarantees only being 50% right.

Well I can't go to the casino this weekend - so let's see how this plays out

Short-term-SPY-puts-12-11-20

  • Hook 'Em 1
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2 hours ago, nycHorn said:


Foresight Autonomous Holdings Ltd. said Friday that its Rail Vision Ltd. affiliate has received an order from Knorr-Bremse Systeme fur Schienenfahrzeuge GmbH for two samples of their light rail vehicle system.

The company also said that Knorr-Bremse has ordered customization of Rail Vision's LRV system features according to Knorr-Bremse's requirements.

Revenue from this order is expected to total EUR400,000 ($485,000).

Knorr-Bremse recently invested $10 million in Rail Vision. Foresight owns 19.36% of Rail Vision's outstanding share capital.

Foresight shares rose 77% to $2.71 in premarket trading.

Last time it broke $2.00 on an announcement like this, it bled back down to $0.85 and I reloaded for this run

If it comes back under a $1 I'll beeeeee there for youuuuuuuu

cover5.jpg

 

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3 hours ago, Harrison Stafford said:

NK +1.44 at $12.50.  Up 13%.  NK is also a COVID play.

Interesting.  First I heard of this company.  Patrick Soon-Shiong is the richest man in LA.  Owns a piece of the Lakers...not sure exactly how much, but has to be small. Has an impressive track record.  MD by training. Bought the LA Times, some strategic play not related to newspapers I forget the details.

He brought in a CEO a couple months ago, moved himself up to Chairman of the Board.

Might have to make a play here, betting on Soon-Shiong.

Anyone got any stonk-y info on NK?  Clinical stage biotech.

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7 minutes ago, Hank_Hill said:

Right on cue

ALPP just said hold my beer and went to  $0.80

I think this answers my question about which was going to hit $1 first between ALPP and TSNP. My new question is which is higher come December 31st 2021?

Remember Airbus valued ALPP shares at minimum $3.50 two years out based on their accepting ALPP shares in the acquisition of Impossible Aerospace.

Edited by RCRanger03
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