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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Ahab McBathsalts]
#27821194 - 06/15/22 06:48 PM (1 year, 7 months ago) |
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Quote:
Ahab McBathsalts said: Vix is pretty high to buy long dated options 
Yes, taking a directional position via options in this environment is swimming upstream. Don't leverage yourself unless you know you are already a disciplined and experienced trader and your expectations are firmly in check. Better option in this environment is to sell spreads to mitigate the high premiums and capture out of the money extrinsic value due to time decay.
I haven't placed a trade in months, and it's been quite a relief! I still have meaningful exposure, which hasn't been treating me too kindly, but I accepted my long term allocations going into the Fed hike cycle, and I know better than to try to swim in this sea given ancillary obligations to family and my own self-sanity these days.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Hikeadellic
Fungi Fan



Registered: 08/31/20
Posts: 1,227
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27822461 - 06/16/22 12:26 PM (1 year, 7 months ago) |
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T shares are starting to look like a real nice long term DCA dividend hold
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Baby_Hitler
Errorist




Registered: 03/06/02
Posts: 27,587
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Hikeadellic] 1
#27828376 - 06/20/22 08:25 AM (1 year, 7 months ago) |
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I'm seeing commercials on tv now selling gold.
I generally view this as an indicator that it is time to sell gold.
-------------------- Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ (•_•) <) )~ ANTIFA / \ \(•_•) ( (> SUPER / \ (•_•) <) )> SOLDIERS / \
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Gorlax



Registered: 05/06/08
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Baby_Hitler]
#27829299 - 06/20/22 09:02 PM (1 year, 7 months ago) |
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Na they just tend to pop up with the recession news cycle. They cater to the fear and wreak in tons of profits selling gold/silver at a premium. Example if you buy an ounce of silver you are probably going to pay closer to 30-32$ instead of the actual spot price of 21.90$ Shouldn't be buying precious metals for short term anyways. Precious metals are what everyone claimed Bitcoin to be.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Gorlax]
#27829324 - 06/20/22 09:15 PM (1 year, 7 months ago) |
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I bought a gram of gold today at $61... just a couple bucks over spot... and also an ounce of silver at $10 over spot.... yeah... I mean it's just a matter of time until the silver manipulation ends.. and I totally don't agree with Asante on his view of the silver metal
Also, getting a gram of gold at basically spot price was a score... AND it was a Canadian maple leaf gram too. beautiful coin.
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Gorlax



Registered: 05/06/08
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Fiery]
#27829338 - 06/20/22 09:22 PM (1 year, 7 months ago) |
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That's awesome! Nice score!! The best investing strategy is to own forever. Generational gold/silver. If you believe in economics and we "know" that the precious metals markets are highly manipulated. Wouldn't that factor into the price? I'm not sure if I'm explaining this well but in stocks investors expect to be compensated by volatility. I believe the same is true for manipulation. At some point we expect to be compensated "HUGE" by silver manipulation or why else would we trade something we know is manipulated? It's just a matter of time before we see it in silver. The stars have aligned.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Gorlax]
#27829357 - 06/20/22 09:31 PM (1 year, 7 months ago) |
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Quote:
Gorlax said: That's awesome! Nice score!! The best investing strategy is to own forever. Generational gold/silver. If you believe in economics and we "know" that the precious metals markets are highly manipulated. Wouldn't that factor into the price? I'm not sure if I'm explaining this well but in stocks investors expect to be compensated by volatility. I believe the same is true for manipulation. At some point we expect to be compensated "HUGE" by silver manipulation or why else would we trade something we know is manipulated? It's just a matter of time before we see it in silver. The stars have aligned.
Thanks!
That is an interesting perspective though.... When I fist got into silver and gold though, I didn't know it was manipulated ... I just knew it held value, and tended to hold value .
Then, when I first dicovered it was manipulated, I didn't want to beleive it, and then when I finally saw it as a fact, it made me want it just the same.
I agree on the stars aligning thing... and also all the people complaining about bullion dealers selling silver at $10 over spot will be looking back on these says saying " Damn! Only $30 an ounce? I should have bought more!"
I mean yes, diversify and such, but crypto is basically straight trash and stocks the same... there really is no value in them( stocks that is) I mean at least crypto serves a usful purpose as an exchange of money... but stocks? ... nah No thanks.. I mean I do have stocks and crypto too but as far as I'm concerned it's all just a huge gamble.
Silver and gold on the other hand.. they aren't going anywhere.
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Gorlax



Registered: 05/06/08
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Fiery] 1
#27829387 - 06/20/22 09:45 PM (1 year, 7 months ago) |
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People have been comparing Bitcoin to the greater fool theory. Which basically says the only reason the price goes up is because there's a bigger fool who will pay more. While I see there's definitely some comparisons. They forget that Bitcoin requires energy and computational power. Which adds to its intrinsic value.
Quote:
The greater fool theory argues that prices go up because people are able to sell overpriced securities to a "greater fool," whether or not they are overvalued. That is, of course, until there are no greater fools left.
Investing, according to the greater fool theory, means ignoring valuations, earnings reports, and all the other data. Ignoring the fundamentals is, of course, risky; and so people subscribing to the greater fool theory could be left holding the bag after a correction.
Precious metals are the real deal. If the price declines in either silver/gold, you are left with a valuable metal.
- The greater fool theory states that you can make money from buying overvalued securities because there will usually be someone (i.e. a greater fool) who is willing to pay an even higher price.
- Eventually, as the market runs out of fools left, prices will sell-off.
- Due diligence is recommended as a strategy to avoid becoming a greater fool yourself.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Gorlax] 1
#27829402 - 06/20/22 09:53 PM (1 year, 7 months ago) |
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Quote:
Gorlax said: People have been comparing Bitcoin to the greater fool theory. Which basically says the only reason the price goes up is because there's a bigger fool who will pay more. While I see there's definitely some comparisons. They forget that Bitcoin requires energy and computational power. Which adds to its intrinsic value.
Quote:
The greater fool theory argues that prices go up because people are able to sell overpriced securities to a "greater fool," whether or not they are overvalued. That is, of course, until there are no greater fools left.
Investing, according to the greater fool theory, means ignoring valuations, earnings reports, and all the other data. Ignoring the fundamentals is, of course, risky; and so people subscribing to the greater fool theory could be left holding the bag after a correction.
Precious metals are the real deal. If the price declines in either silver/gold, you are left with a valuable metal.
- The greater fool theory states that you can make money from buying overvalued securities because there will usually be someone (i.e. a greater fool) who is willing to pay an even higher price.
- Eventually, as the market runs out of fools left, prices will sell-off.
- Due diligence is recommended as a strategy to avoid becoming a greater fool yourself.
excellent post and very inspiring. THANK YOU!
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geokills
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Registered: 05/08/01
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Fiery]
#27829968 - 06/21/22 07:51 AM (1 year, 7 months ago) |
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From one of the newer trade mentors, Scott @ StockMarketMentor this morning, I dig...
Quote:
Moving from a Goal Mindset to a Growth Mindset
Good morning Team! Some green on the screen this morning as the market works itself off of some extremely oversold levels. Rocky’s note is spot on in terms of what we want to see from a Bottom, but agile and active traders can play these swings, just make sure you have clear lines in the sand. Want to watch some of the Leaders for strength like $AMZN, $AAPL, $NVDA, $AMD, $GOOGL, $MSFT and the like. Just keep a close eye on those Moving Averages lurking overhead as resistance levels.
This is the time a lot of traders quit. This is the time when a lot of traders realize how hard trading consistently and profitably can be. There’s a moving target for blame underway and tensions can run hot. It’s my belief that out of chaos leaders appear and opportunity arrives. If you've been here for a while, you have a huge wealth of knowledge to draw from and there’s likely someone who needs to hear what you have to say. So during this brutal bear, I ask that you step up in a cheerful manner and help those around you. Take this as your opportunity to share what you know and grow together as a trading community.
John C. Maxwell has a great talk I heard over the weekend and he says how he was inspired to learn about Leadership based on someone he heard saying “it only takes 1 hour a day for 5 years to become an expert on a specific topic”. For many of you in the background who haven't posted in the forum I have a feeling you have a lot of great things to share. What you’ll find is by helping others, not from a place of ego but from a place of genuine care and understanding you will grow as a person and as a trader. You’ll move from a place of “How Long will it take?” into a world of “How far can I go?”. As you grow and help others your trading improves because you’re holding yourself accountable.
Engage with each other. Ask questions. Talk about your wins AND losses. Share ideas even if you’re not sure. And remember that there’s no right way or wrong way to make money in the market, there’s only what makes sense to you and your personality.
Let’s use this down time in the market as our chance to grow so when the good times come back, we’re stronger and closer than ever.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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TheFakeSunRa
Bitch Splitter



Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27831847 - 06/22/22 02:32 PM (1 year, 7 months ago) |
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Damn $TELL took a beating today
I’m not in it but I wonder if it might be a good swing trade or if it’s just part a trend of the energy sector finally peaking. Oil executives are meeting Biden tomorrow
-------------------- [quote]Asante said: You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar. You know how shit you are, you just don't give a fuck for precisely that reason. I disendorse you.[/quote]
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Gorlax



Registered: 05/06/08
Posts: 6,695
Last seen: 16 days, 3 hours
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: TheFakeSunRa]
#27832349 - 06/22/22 10:09 PM (1 year, 7 months ago) |
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I picked up a lot more shares myself today. No news on SEC for anything relevant to the drop. LNG prices have declined ever since that plant in Texas blew up. Still a global shortage. Will go back up easily
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Gorlax]
#27832359 - 06/22/22 10:17 PM (1 year, 7 months ago) |
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I just read a report on them and how their main asset is a production plant not going online until 2026.... it seems like for the long term this might be a really good bet if they can stay in business that long to finish the plant... but right now the cost of construction is more than the profit they are making, thus the volatility. .... If you look at the chart it's up and down, up and down... I mean it's dropped to 50 cents or so a few times in recent history. So.. is $3 a buy? or wait. I mean even if it does go down to 50 cents... I can see it going back up above $3 ... so then you could just buy more to average cost downwards... and just hold long.
Thanks for the heads up on TELL! I didn't know about that as I haven't really been paying attention to stocks much since I got into crypto.
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Gorlax



Registered: 05/06/08
Posts: 6,695
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Fiery] 1
#27832856 - 06/23/22 11:36 AM (1 year, 7 months ago) |
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This depends on how you trade passive vs active. I actively trade each day so a take a lot of trades that are overall risky and volatile because I can exit on the drop of a hat if needed.
You are right about Tellurian not actually finishing the Driftwood LNG project till about 2026. This is essentially a growth energy stock right now. They have started construction on the project and have been getting contracts to supply LNG in the future to major players.
The price almost entirely follows the spot price of natural gas. This is my thesis behind this swing trade. The natural gas markets are still in an insane supply shortage. Nothings changed. When the spot price starts to rebound again...$TELL will follow it back up.

The 52 week low was $2.23 - Current stock price $2.83
My price target $4.50-5.00
risk vs reward
downside - (-21%) upside - (+59% to +76%)
Obviously the price of the stock can drop below the 52 week low but statistically not likely. Trading is all about statistics and putting your money to work. You can look at the sector and this isn't isolated to just them $NEXT $SWN all are down as well.
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CHeifM4sterDiezL
Chief Globerts

Registered: 07/28/10
Posts: 22,535
Loc: United States
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Gorlax]
#27843944 - 06/30/22 03:04 PM (1 year, 6 months ago) |
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Gorlax



Registered: 05/06/08
Posts: 6,695
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: CHeifM4sterDiezL] 1
#27846532 - 07/02/22 02:16 PM (1 year, 6 months ago) |
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$USAS at 52 week lows here. I coincidentally sold the day before for slight loss around 0.74c and just re-bought this dip at 0.67c. The company is far more healthier than it was previously and the price has gone down. Markets suck I'll be holding this for a bit in a side account. Set n Forget.
Current holds
$USAS $TELL $GGB $TUP $ARIS $FSM
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Gorlax] 1
#27846892 - 07/02/22 07:53 PM (1 year, 6 months ago) |
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Thanks for the actual stock picks Gorlax!
In other news, right now I'm still holding Numiness Wellness... average cost of .42 cents.... so yeah, still holding somewhat of a bag there.
And despite amazing news and progress and the acquisition of NovaMind, the stock still continues to fall. I just don't know...
But at 18 cents a share, I'm going to throw another few hundred at it, because hey, I believe in it, and I'm willing to risk that much.
Quote:
VANCOUVER, BC and TORONTO, April 12, 2022 /PRNewswire/ - Numinus Wellness Inc. ("Numinus", the "Company") (TSX: NUMI) (OTCQX: NUMIF) and Novamind Inc. ("Novamind") (CSE: NM) (OTCQB: NVMDF) (FSE: HN2), are pleased to announce that they have entered into a definitive arrangement agreement (the "Agreement") pursuant to which Numinus will acquire all of the issued and outstanding common shares of Novamind (the "Novamind Shares") in an all-share transaction, by way of a court-approved plan of arrangement, for total consideration of approximately C$26.2 million on a fully diluted in-the-money basis (the "Transaction").
Following the Transaction, the combined company will operate 13 wellness clinics and will be positioned as a leading psychedelic-assisted therapy provider in North America, leading its peer group in revenue with approximately C$10 million in annual pro-forma revenue based on the trailing four quarters.
"Since Numinus began, we have always strived to be the most trusted, evidence-based leader in psychedelic-assisted therapy and medicine. The Novamind acquisition presents a transformational opportunity for Numinus to launch a strong U.S. platform through eight established, reputable, efficiently operating and revenue-producing clinics," says Payton Nyquvest, Founder and CEO, Numinus. "We prioritize working with the best partners in this industry and Novamind's U.S. market presence, complementary client programming and respected clinical research capabilities allow us to accelerate our strategic growth plans and broaden access to healing and wellness."
Mr. Nyquvest continued: "We expect this acquisition will significantly bolster our financial performance, growing Numinus' annual revenue to more than five times our current levels, and driving meaningful margin improvement through identified operating efficiencies. Our combined capabilities will deliver exceptional value for our clients, employees, and shareholders. We look forward to welcoming the Novamind team to the Numinus family."
Yaron Conforti, CEO and Co-Founder, Novamind, said, "This transaction offers significant value for Novamind's shareholders and provides compelling new opportunities for our employees, patients and research partners. The combination of Novamind's network of mental health clinics and research sites in the U.S. and Numinus' leadership in psychedelic-assisted psychotherapy in Canada creates a best-in-class company. The combined entity is supported with over C$50 million in pro-forma capital and positioned with distinct capabilities to serve a growing and diverse group of stakeholders. We are excited to join Numinus, a true leader in mental health innovation."
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Gorlax



Registered: 05/06/08
Posts: 6,695
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Fiery]
#27847522 - 07/03/22 09:59 AM (1 year, 6 months ago) |
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I don't trade OTC myself or I'd take a deeper dive into the financials for yah. Cool company psychedelic treatment centers. I've seen quite a few of these conceptual companies over the years. The first one that pops up is Mind Medicine $MNMD. $SEEL has intranasal ketamine therapy.
Investing in biotech startups are really risky ventures. 77% of them fail. They usually have terrible financials because they are a massive initial investment. It can take up to 10 years to get an FDA approved drug.
I kinda gave up investing in the cancer, alzheimers, etc name your disease. Because the drugs almost always fail or show poor results. I've found investing into biotechs with scheduled drugs to be kinda lucrative in itself.
I posted on here a long time ago about ZoHydro. This was my first very profitable trade I really went hard on. View thread ---> https://www.shroomery.org/forums/showflat.php/Number/20451617
Basically just added a plastic coating to the hydrocodone molecule to make it extended release.
1. It's already an approved drug just being reformulated (less chance of total FDA failure) 2. It's highly addictive (seeked/wanted) 3. Look for patents (more patents more value brought to investors)
Thought that was worth mentioning since I see you've dabbled into biotechs recently. Lots are stocked with pandemic cash right now.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Gorlax]
#27848141 - 07/03/22 07:24 PM (1 year, 6 months ago) |
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Thank you as always Gorlax for your advice, and knowledge! What you said really makes sense to me and is helping me make some choices!( don't worry, I won't blame you if I lose money lol)
Actually though I just really needed to hear that information so I don't throw too much more money into Numinus wellness.
Also interesting about the medical research sector.
SO MUCH GOING ON RIGHT NOW!
It's a killer time to buy silver, stocks, and crypto, I just need to put my money where I Think it will do the most work for me, since I don't have much money in the first place! such hard choices!
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Gorlax



Registered: 05/06/08
Posts: 6,695
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Re: Revisiting Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Fiery] 1
#27848408 - 07/03/22 10:47 PM (1 year, 6 months ago) |
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No problem! I just took a look at the chart and it could potentially go back up as it is showing they beat their revenue estimates last earnings but other than that not much volume to chart or financials to pull.
There is a ton of stuff going on right now. I'm swamped myself from trying to figure out all the proper timing for the larger moves. I really want to have most of my major core positions planned out before Feb 2023. That is when I think we will start to see some serious economic problems.
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