Stock Market and Trading Talk

CDR on the Warsaw Stock Exchange.

It's 309PLN right now, but just before they released the game, it was up to 464. They've fallen a long, long way in 2 weeks - it's because they released a buggy game that simply doesn't play well on consoles, so people are furious. The problem is that this stock went from almost 0 to 400+ in 4 years - of course, a total bubble.

CDR is not on my trading charts nor is it on the NYSE.
Bummer.
Well it is but it is a real-estate company that builds shopping malls on the East Coast.
In fact it look like a good buy so I may get some, thanks to you. lol


But they said they would have patches out to fix the bugs soon.


They are standing behind their product and said they would give a full refund or a patch to fix it, customers choice.
With sales of $500 million on it, the stock being down 33%, Covid quarantine coming, Christmas presents coming plus being the most expensive game on the market so everyone wants it.....

I would have to wager that the stock will be back up at least 20% or more, within 60 days.
I don't know anything about the Polish stock market so I am only surmising.

I might reconsider that after this mornings latest news.
"Sony pulls Cyberpunk 2077 from PlayStation in blow to CD Projekt !"

Overall it's bad news for the WSE - CD Projekt was one of only a few big listings in recent years, the others Allegro and Dino have done pretty well but have some curious accounting.

The exchange needs some good private companies because PiS is wrecking the public ones like PZU, Orlen, Pekao and KGHM by filling their boards with rural politicians and by extracting a lot of cash from them. A few more years of this and you can add the stock market to the list of institutions trashed by Kaczynski

That was two weeks ago.
Today December 21, CLSK just hits $21 and change.
What a nice Christmas present. :-)

CLSK may still go up but I am happy with my $10k profit in two weeks so I just sold it all.
NEXT !

It did, $3 per share today as CLSK is up to $24 and change.
Yesterdays trade cost me $3,000 for selling a day to soon.
Still looking for the next home run.
Anybody have any tips ?

There is this golden rule for when the stock goes up: you should place renewed stop-loss orders which will typically be about 20% below the current price.

I once came across a deal when my stock went up 100% in value in a month, so in an even longer time than yours. The pressure an investor feels to sell it then is enormous and even more so if you are leveraged as I was back then. My defence against this pressure was to sell 40% of the stock first. I did accordingly and I am proud of this move to this very day as my stock then went up a further 100% in the following two or three weeks. As this partial selling had eased the pressure I felt, I was able to watch the stock going up again. That way I made a 400% profit on the 60% of my holdings in just three months which deal has so far been my best ever on a stock exchange.

A stop-loss order wouldn't, however, have made the job in my case in the second phase as the stock had abruptly gone down just after I sold it at the very peak, but that is a different story. In your case, a stop-loss would have done nicely, even if it were 15% if you felt 20% was too much.

I will be glad to hear where your stock goes next as it is becoming a truly thrilling experience now :-)

I agree with your 'Golden Rule' and gave it much thought.
My rationale however came down to this.
I still think it's better to book your profit and start looking for another home run, rather than stay with a stock that is getting very over extended and could drop very quickly.

The thing that has propelled it upward is the company that they just bought that is involved with bitcoin.
The rest of their business, electric infrastructure and data warehouses, is very strong and makes sense.
But the bitcoin thing turned it into a speculative investment and that was more risky than I was comfortable with.
I have learned not to get greedy in my old age and was happy with my $10k in two weeks time.
This time of year, and the start of a new year can be a tricky time to buy stocks.
Yesterday morning I sold short stocks of Ford and GM.
In half a day that has already earned a modest profit.
So, that's another way to hedge the current volatility.
Besides Ziemowit, it's not like there is no food on my plate.

I realize, of course, that bitcoin is a very risky business, but with the general mood in the world changing perhap for the better after the anty-covid vaccine has been introduced, why not think that bitcoin will be in a good shape for a time being, that is to say for the next 6 months or so? Having said that, I'm not any expert on bitcoin, and I don't even know its current rate, to be honest.

The interesting question is why the company has decided to go into a risky financial buinness having as their core business activity something being so far away from it. Has the managment given any explanation or any motives behind the purchase of such a company?

So my prediction is that the price of the stock may not necesarily go down and is bound to remain roghly as it is (with an imminent correction meanwhile) and then likely to go up again.

What made you pick up such a splendidly performing stock in the first place? You are a genius ...

Many factors Ziemowit.
The big one was Biden and the Swamp are back with their Green Deals that will pump all kinds of government money into these companies with free money and tax breaks..

I also read a lot of articles in Business Insider, Motley Fool, and other investors news letters about different stocks that are on the rise.

I look at the under valued stocks that have a good track record.
I then go to my trading charts that I would be naked without.
They tell me if the stock that I have picked is looking good and why or if it doesn't look like a good buy and why.

My charts even tell me when it is time to sell that I don't listen to like I should.
Descent trading charts will cost you about $5k a year for their services.
They are not 100% accurate but much more accurate then I could ever be without them.
The stock I am researching right now is a company that designs medical equipment for stay at home doctors visits.
You hook yourself up to it and it records a multitude of things that the doctor has immediate access to in his office along with a skype like screen so you can converse just like you are in the exam room with the doctor.

Much safer for everyone as you can stay at home and the doctor is not exposed to sick people.
Very convenient for the elderly.
It is a thing of the very near future and it is still at ground level.
You can google it with some homework and decide for yourself as I pick losers sometimes too.
The good old Wall Street Casino.

@Ziemowit


No Ziemowit, there is only one genius here and that is Rich.
But since you ask that question I have been keeping track of how and why I am picking my next stock just for you.
If you have a little money available, and you are willing to treat it as a gamble, here is something you might look at.
In the past, whenever someone wanted to bring a company to market, they would use the Initial Public Offering route (IPO).
But there are big fees that have to be paid to the bankers and the NYSE.
Then somebody got the bright idea that they could take a company that was already listed and traded on the NYSE, strip it of any unnecessary assets, and then merge another company into that shell of a company.

That way it could already be trading, but would now trade as a totally new company, without all of the normal fees associated with an IPO.

Right now there are probably 50 of these shell companies waiting to merge with another company.
I believe most, or all of them have already made the necessary agreements to acquire another company.
And they likely already have the financing arranged with the bankers to take the deal to market.
Anyway, I often watch these companies because every now and then one of them will take off in price for some reason.
It takes a bit of study to figure out what the pending deal is going to look like.
Anyway, I found one yesterday that looked interesting.
The company is TPG Pace Beneficial Finance and they are going to merge with another company that they just bought called EVBox.
By the end of the 1st quarter of 2021 the deal will be done and they will be trading under the name EVBox.
This deal is getting some attention from somebody and is already trading about 3 million shares a day.
My trading charts are indifferent on this one yet so I am on my own.
The stock is selling at something like $27.00 per share.
Today I bought 1,000 shares of it and it is trading down about $2.00, or 6.6% today.
My price was about $27.
I don't know why it's trading down, but I do prefer to buy stocks on a down day, rather than chase them on the way up.

According to information on their website, I calculate that the company may be worth about $30 right now.
That doesn't mean that it won't go lower, though.
But, I think the company could have a good future.
EVBox is the largest electric vehicle charging network in Europe.
They have something like 900,000 charging stations in about 9 different countries.
They also sell charging stations that people can put in their home garages for their personal use.
It seems to be a quality outfit and electric vehicles will certainly be growing in Europe.
Also, the financial partners who are pulling all of this together have been doing this for over ten years and have a very good track record.

I don't think they would be risking their own money if they didn't know what they were doing.
Anyway, do a google search of EVBox and you can get a good idea of what they look like.
And again, only use money that you can afford to lose as it is a mere speculation at this point in time.
But, it could be fun to buy a little and watch to see what happens in the next three months.
There, now you know how I pick my stocks, much much research and some luck.

LOL


That is how you make the BIG money though is by investing in take off companies by a throw of the dice.
Let me give you an example, back in the first week of this year I bought 2000 shares of LIACF after reading what they were all about.

American Lithium Corp. is actively engaged in the acquisition, exploration and development of lithium deposits within mining-friendly jurisdictions throughout the Americas.
With all cars expected to be electric by 2035 here in America means someone is going to need a whole hell of a lot of raw lithium to make batteries for all those cars.

Being this companies stock was selling for $1.13 per share the first week of this year I invested $2300 in it. (2000 shares)
Today a month later this stock has risen to $2.58 per share which tells me I am not the only one getting in on the bottom of a company that could explode in profits.

There are also similar lithium companies that are just starting out for an up and coming demand.
Since the Liberals are hell bent on going Green, ya gotta go with the flow.
That's how these people cashed in on the Tech boom by taking a gamble on future demands.

@Dirk
I would have to spend some time researching G.E. and pull it up on my trading charts and then it would only be an educated guess.

Last October it was at $6.30 per share, today it was trading at $11.50 per share.
It is a stock like AT&T that just doesn't seem to move much in either direction and when it does it takes forever.

It doesn't pay squat for a dividend either.
IMO - I think there a better money makers out there in big companies.
I would not invest in it personally.
For big companies I watch what the big investors are doing.
I saw Warren Buffet buy a Billion of Apple so I threw a modest sum in APPL six months ago and I am up 35% on it.

nasdaq.com/market-activity/stocks/ge
Click on the one year chart.

Remember me telling jon about the stock LIACF in the above post #132 ?



That was two days ago and today it closed at $3.16 a share with a profit of $1160 in two days and $4060 profit this year on a $2300 investment.

When a stock jumps that much a correction soon follows so I cashed out on it at the close and took my modest gain.
I will bet anyone here that it will take a dump at the open tomorrow and I will jump back in if it is a substantial correction.

Oh the stress, I may have to take next week off.

If anyone is left invested in the stock market I would suggest you take your losses and get out now.
Dementia joe is finishing it off in style just like Trump said he would.

JR any tips on $ or Zlots?maybe I can change accordingly in Poland?

Not part of my program and don't deal in such.
The zloty was at 3.75 to 1 on January first and is now at 3.90 to 1.

@Ironside
You ask me awhile back about investing in gold and I told you it didn't interest me at the time.
Just wanted to let you know that I have changed my mind on that since because of inflation and what is coming.
I bought in last Friday and may buy more today.
Just saying my opinion.............(open your PM)

Dow suffers worst Black Friday selloff since 1931 thanks to the China virus mutation announcement.
My oil stocks to the biggest hits.
Needless to say, I had my worst one-day loss ever today. :-(

That was sooo raycist.

Since my Canadian aid from Nigeria is gone I have every day a Black free day. They are rare in Germany where I live now.

Is there anyone here besides me that enjoys playing the Stock Market Casino ?
Don't you guys and gals invest to let your money work for you ?
Here is a stock that I bought a 1000 shares of three weeks ago that looked good at $12.59 a share.
CHPT
Today it was up to $15.24 but has come down to $15.02 since.
ChargePoint is an American electric vehicle infrastructure company based in Campbell, California. ChargePoint operates the largest online network of independently owned EV charging stations operating in 14 countries and makes the technology used in it.

I am predicting that I will double my money in less than a year on it from my research and trading charts.
Throw dem dice ! :-)

In another thread we could read the recommendation for Boeing stock which was $ 212 per share on Monday 14.02.2022. Let`s get back to it in 6 months to see how it trades. So, see you on 14.08.2022. :)

I agree, Boeing would be a good investment right now at $217 today.
March of 2019 it was at $440 per share
March of 2021 it was at $270 per share

So at $217 a share my charts show a buy flag.

Do your research on as many articles as you can find on Boeing, like this one, before you buy a 100 shares for $21,700.

reuters.com/legal/transactional/us-appeals-court-says-boeing-must-face-contractors-trade-secret-claims-2022-02-14/

Will check back in six months and see how well you did.
Thanks for your input Pawian.

@PolAm
Since Russia supplies a large portion of the fertilizer to America and since fertilizer prices started spiking last fall, I took notice.
When I was in Florida I stopped and checked out Mosaic Fertilizer Company.
The Mosaic Company is a Fortune 500 company based in Tampa, Florida which mines phosphate and potash, and Urea operates through segments such as international distribution and Mosaic Fertilizantes.

It is the largest U.S. producer of potash and phosphate fertilizer.
I liked what I saw so March first I bought 500 shares at around $52 per share.
Today, a week later, it just hit $62 a share which is still a deal.
And with the shortages, the price of fertilizer is skyrocketing with no end in sight.
It is going to be hard to get in volume this spring.
Above, you can see where I bought CHPT just three weeks ago.


This morning it is at $15.54 and am going to cash out and take my modest profit of $3k.
And before jealous Joker tries to diminish me, all I can say is, there it is in black & white above.

I am so proud of the Americans for their desire to pay more for everything to send a message to Russia.

Soon you may have to change your username to johnny cash. I've never dabbled in stock shares, and I was offered some shares in a storefront glass company in Portland a couple of years ago, but unfortunately I missed the boat.

I have my losses too, Vincent.
I am ashamed to tell you what I just lost on GM's plunge.

There's always another day

Never panic.
My MOS is at a negative 2% for the day so far. :-(