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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
01-06-2021, 09:26 AM
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#7381
- MediocreGains
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- MediocreGains
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Originally Posted By thatsnarf⏩
Jesus Christ, TSLA was considered too expensive even when it was at this price pre-split.Obligatory TSLA Chooo chooooooooooooooo
01-06-2021, 09:34 AM
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#7382
Originally Posted By twovalvekid⏩
Remember just a couple weeks ago you were asking about locking in profits at $635-ish? I don't know where/how this will end, but I will just say that I am nervous about my $800 covered calls getting assigned. I feel there is strong support in the low 600's, but we may see low 700's as a reasonably strong support level with spikes here and there. This is a tough one to play tbh.I just am sitting here like wtf. I want to lock in profits, but part of me feels greedy whether i do or not.
Originally Posted By MediocreGains⏩
This is the price range the birthed my favorite line from this thread, by topper, "My chest" lolJesus Christ, TSLA was considered too expensive even when it was at this price pre-split.
Also, just found another 401k account I forgot about. Working on transferring that whopping $8k to TDA asap!
"It won't get better, just different."
01-06-2021, 09:34 AM
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#7383
- thatsnarf
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- thatsnarf
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Originally Posted By chino3⏩
man, i don't even know what you're talking about but i'm sure you're up. i guess you're thinking about hedging. no insurance it will diminish guaranteed gains. lolYesterday STO $800CSP 1/29, up 24% ($4k) on it... unreal. Tempted to close it out, but it's "insurance" for my $800CC's for 1/29.
Originally Posted By twovalvekid⏩
always let tsla ride crew. i promised myself if it ever hit 650 again i would sell. lolI just am sitting here like wtf. I want to lock in profits, but part of me feels greedy whether i do or not.
Originally Posted By MediocreGains⏩
but, what if it's still cheap lolJesus Christ, TSLA was considered too expensive even when it was at this price pre-split.
01-06-2021, 09:36 AM
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#7384
- heyquikquestion
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- heyquikquestion
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GRWG to the moon.
Chicago Cubs
Kansas City Chiefs
Misc Kansas Crew
Misc Finance Crew
01-06-2021, 09:41 AM
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#7385
- twovalvekid
- N3rd Op3rator
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- twovalvekid
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Originally Posted By chino3⏩
Yeah i remember. Just flabbergasted at this point. lol. I'm at 55% gain or so just on my current position. So it could take a beating...and im still up.Remember just a couple weeks ago you were asking about locking in profits at $635-ish? I don't know where/how this will end, but I will just say that I am nervous about my $800 covered calls getting assigned. I feel there is strong support in the low 600's, but we may see low 700's as a reasonably strong support level with spikes here and there. This is a tough one to play tbh.
This is the price range the birthed my favorite line from this thread, by topper, "My chest" lol
Also, just found another 401k account I forgot about. Working on transferring that whopping $8k to TDA asap!
This is the price range the birthed my favorite line from this thread, by topper, "My chest" lol
Also, just found another 401k account I forgot about. Working on transferring that whopping $8k to TDA asap!
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
01-06-2021, 09:49 AM
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#7386
01-06-2021, 09:52 AM
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#7387
01-06-2021, 09:57 AM
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#7388
01-06-2021, 10:08 AM
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#7389
Originally Posted By Travis99⏩
GJDMGet on the ARK boyos
~Noah & Cathie
~Noah & Cathie
I sold puts on all of them with potential entry points (the premiums were dog chit). I opened these on 12/30/2, what a difference a slight surge and theta decay can make
12/31/20

1/6/21

"It won't get better, just different."
01-06-2021, 10:21 AM
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#7390
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By Heaney⏩
isn't that how it always goes.The doom and gloom from last night ITT looks funny right now. Hope everyone who was gonna sell because markets were going to tank did so pre market today.
most trading is done on headlines.
there is one more wrench left
tonight Pence will open envelopes that contain the Electoral College votes reported from the individual states hand them to the tellers of the House and Senate.
If he refuses do it than this could delay the vote for 10 days to do another recount and form election fraud committee
trump is holding rally right now and saying he will never give up
01-06-2021, 10:24 AM
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#7391
- twovalvekid
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- twovalvekid
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Gut dayum. Thank you based TSLA, ANTM, and JPM.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
01-06-2021, 10:27 AM
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#7392
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
- Buy high, sell higher.
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Originally Posted By chino3⏩
Hell yeah.Also, just found another 401k account I forgot about. Working on transferring that whopping $8k to TDA asap!
Doing my swbi there.
01-06-2021, 10:30 AM
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#7393
- ghostfacedup
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- ghostfacedup
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Pot stocks y'all. Anyone else in?
01-06-2021, 10:32 AM
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#7394
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Originally Posted By chino3⏩
Are you withdrawing from your 401k to invest in the market? Or borrowing?Remember just a couple weeks ago you were asking about locking in profits at $635-ish? I don't know where/how this will end, but I will just say that I am nervous about my $800 covered calls getting assigned. I feel there is strong support in the low 600's, but we may see low 700's as a reasonably strong support level with spikes here and there. This is a tough one to play tbh.
This is the price range the birthed my favorite line from this thread, by topper, "My chest" lol
Also, just found another 401k account I forgot about. Working on transferring that whopping $8k to TDA asap!
This is the price range the birthed my favorite line from this thread, by topper, "My chest" lol
Also, just found another 401k account I forgot about. Working on transferring that whopping $8k to TDA asap!
Anyways, I've been answering my own questions with covered calls, think I have a pretty good handle on it now. It's very interesting, I don't like day trading because it requires constant focus, but what I'm finding is that I can potentially make consistent income with covered calls on a week to week basis and just hold my shares. Each CC I open gets me about $200-300 or so assuming strike price isn't reached.. so if I do 4-5 of those a week that's an easy $1k just off the premiums. If I do hit strike I pick a point where I get some decent gains on my shares so it's a win win.
The bigger question I'm trying to figure out is #1 - how to get good at flipping CCs and #2, what other options strategies to move onto with a low risk.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-06-2021, 10:33 AM
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#7395
- MinisterOfLust
- 👽👽👽👽👽👽
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- MinisterOfLust
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ICLN is flying sky high.
Spwr to the Milky ways
The whole industry is pump for President Biden
Spwr to the Milky ways
The whole industry is pump for President Biden
01-06-2021, 10:51 AM
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#7396
Originally Posted By TugOfPeace⏩
Sorry, missed your earlier question. I typically do 30-45 DTE when selling options, as the premium is beefed up to allow for theta decay as expiration gets closer, also allows for more time/room to adjust if need be if things go south somehow. That said, weeklies are good for grinding out premiums with less potential for crazy swings (theoretically).Are you withdrawing from your 401k to invest in the market? Or borrowing?
Anyways, I've been answering my own questions with covered calls, think I have a pretty good handle on it now. It's very interesting, I don't like day trading because it requires constant focus, but what I'm finding is that I can potentially make consistent income with covered calls on a week to week basis and just hold my shares. Each CC I open gets me about $200-300 or so assuming strike price isn't reached.. so if I do 4-5 of those a week that's an easy $1k just off the premiums. If I do hit strike I pick a point where I get some decent gains on my shares so it's a win win.
The bigger question I'm trying to figure out is #1 - how to get good at flipping CCs and #2, what other options strategies to move onto with a low risk.
Anyways, I've been answering my own questions with covered calls, think I have a pretty good handle on it now. It's very interesting, I don't like day trading because it requires constant focus, but what I'm finding is that I can potentially make consistent income with covered calls on a week to week basis and just hold my shares. Each CC I open gets me about $200-300 or so assuming strike price isn't reached.. so if I do 4-5 of those a week that's an easy $1k just off the premiums. If I do hit strike I pick a point where I get some decent gains on my shares so it's a win win.
The bigger question I'm trying to figure out is #1 - how to get good at flipping CCs and #2, what other options strategies to move onto with a low risk.
As for my 401k, I had 3 accounts from employers over the years, but none of them were accounts that I could trade within. So I rolled them over to a traditional IRA (no tax penalties) at TDA, and can trade them like normal, but also avoid any of the tax bull chit.
"It won't get better, just different."
01-06-2021, 10:57 AM
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#7397
- TugOfPeace
- 1012 ng/dl
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- TugOfPeace
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Originally Posted By chino3⏩
Do you flip your ccs before expiration? Id imagine thats fairly profitable right?Sorry, missed your earlier question. I typically do 30-45 DTE when selling options, as the premium is beefed up to allow for theta decay as expiration gets closer, also allows for more time/room to adjust if need be if things go south somehow. That said, weeklies are good for grinding out premiums with less potential for crazy swings (theoretically).
As for my 401k, I had 3 accounts from employers over the years, but none of them were accounts that I could trade within. So I rolled them over to a traditional IRA (no tax penalties) at TDA, and can trade them like normal, but also avoid any of the tax bull chit.
As for my 401k, I had 3 accounts from employers over the years, but none of them were accounts that I could trade within. So I rolled them over to a traditional IRA (no tax penalties) at TDA, and can trade them like normal, but also avoid any of the tax bull chit.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
01-06-2021, 11:04 AM
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#7398
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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oh snapp
Pence is not blocking Biden elector votes.
its over.
here comes the pump.
for phucks sake
every objection is 2 hour debate.
this won't be over till tmmrw.
Pence is not blocking Biden elector votes.
its over.
here comes the pump.
for phucks sake
every objection is 2 hour debate.
this won't be over till tmmrw.
01-06-2021, 11:07 AM
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#7399
- topperstyle
- 720 Crew
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- topperstyle
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Originally Posted By ghostfacedup⏩
Mj etfPot stocks y'all. Anyone else in?
01-06-2021, 11:29 AM
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#7400
Originally Posted By TugOfPeace⏩
Definitely can be, but some times I find myself in a situation where I am having to wait until the day of expiration to get back in the green. Real quick hypothetical:Do you flip your ccs before expiration? Id imagine thats fairly profitable right?
I sell a CC on XYZ with a strike of $100 and a premium of $10.
The days leading up to expiration the stock runs up to $99, I am most likely in the red because it still has IV on it's side
Let's say the day of the stock actually goes up to $105. I can still end up in the green because of the intrinsic value of the premium, and I could sell at that point for a profit (most likely $5 minus some IV since chit can still happen after hours)
But for a real life scenario, at the beginning of December, I think, when RKT had a run up I opened up CC's for a strike price of $26. That almost immediately went into the green when it naturally started crumbling again. I've been at 50% or greater profit on it since mid December, currently at 95%, and it doesn't expire until 1/15. I could of course close it out now, and only leave $200 on the table, or just ride it out.
"It won't get better, just different."
01-06-2021, 11:45 AM
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#7401
- hardestgainer
- Squats Barefoot
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- hardestgainer
- Squats Barefoot
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So pissed I let my potato mother of all people talk me out of buying TNA Calls yesterday when I went over to take down her Christmas lights. She was begging me to sell everything before the market closed, I didn’t sell anything.
Apple calls eating chit too, NFE calls keep making me money every month though, whenever there is a big sell off, I buy up more calls
Apple calls eating chit too, NFE calls keep making me money every month though, whenever there is a big sell off, I buy up more calls
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Idaho Brah
TRUMP 2016
Finance Crew
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"Over 90% of muscle gain is stretching" - ReppinRyan & AnimalAdam
01-06-2021, 12:01 PM
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#7402
- Travis99
- Philosophy Crew
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- Travis99
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[QUOTE=chino3 post_id=1627650403]GJDM
I sold puts on all of them with potential entry points (the premiums were dog chit). I opened these on 12/30/2, what a difference a slight surge and theta decay can make
12/31/20
[img]https://i.imgur.com/6ZYK]
1/6/21
[img]https://i.imgur.com/jLZ6nimg][/QUOTE]
Sold puts on ARKG 1/15 $95s
I sold puts on all of them with potential entry points (the premiums were dog chit). I opened these on 12/30/2, what a difference a slight surge and theta decay can make
12/31/20
[img]https://i.imgur.com/6ZYK]
1/6/21
[img]https://i.imgur.com/jLZ6nimg][/QUOTE]
Sold puts on ARKG 1/15 $95s
There is no they…
01-06-2021, 12:03 PM
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#7403
- HMFIC_BROWSIN
- Buy high, sell higher.
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- HMFIC_BROWSIN
- Buy high, sell higher.
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Fuark. Busy day 4 me.
Pure fomo panic has gone away. Settled in.
Pure fomo panic has gone away. Settled in.
01-06-2021, 12:07 PM
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#7404
- Travis99
- Philosophy Crew
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- Travis99
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[QUOTE=Carbonfibre post_id=1627656893]oh snapp
Pence is not blocking Biden elector votes.
its over.
here comes the pump.
[youtube]_EQfUbE4
for phucks sake
every objection is 2 hour debate.
this won't be over till tmmrw.[/QUOTE]As far as me only trading for 8 months... I’ve been alive for 40 years and I know printing more money isn’t the answer. If the markets go down for a bit, so what? I’ll sacrifice that for the good of the future.
And as your political commentary
Canada/Trudeau misc ———->
Pence is not blocking Biden elector votes.
its over.
here comes the pump.
[youtube]_EQfUbE4
for phucks sake
every objection is 2 hour debate.
this won't be over till tmmrw.[/QUOTE]As far as me only trading for 8 months... I’ve been alive for 40 years and I know printing more money isn’t the answer. If the markets go down for a bit, so what? I’ll sacrifice that for the good of the future.
And as your political commentary
Canada/Trudeau misc ———->
There is no they…
01-06-2021, 12:12 PM
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#7405
- Carbonfibre
- Rubber Banding
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- Carbonfibre
- Rubber Banding
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Originally Posted By Travis99⏩
amazing analysis on money supply.As far as me only trading for 8 months... I’ve been alive for 40 years and I know printing more money isn’t the answer. If the markets go down for a bit, so what? I’ll sacrifice that for the good of the future.
And as your political commentary
Canada/Trudeau misc ———->
And as your political commentary
Canada/Trudeau misc ———->
why did you remove that MAGA signature.
oh wait.
stay salty.
01-06-2021, 12:18 PM
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#7406
- twovalvekid
- N3rd Op3rator
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- twovalvekid
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Originally Posted By Carbonfibre⏩
Because people move on?why did you remove that MAGA signature.
oh wait.
stay salty.
oh wait.
stay salty.
Interesting concept i know.
Choochoo up another 1% today. Need to just gtfo and go buy property.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
01-06-2021, 12:22 PM
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#7407
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By twovalvekid⏩
Why is he pretending that money printing matters all sudden. With his amazing knowledge of federal reserve.Because people move on?
Interesting concept i know.
Interesting concept i know.
Did it matter 8 months ago?
or few years ago?
01-06-2021, 12:24 PM
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#7408
- twovalvekid
- N3rd Op3rator
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- twovalvekid
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Originally Posted By Carbonfibre⏩
I was merely commenting on the irony of you pointing out someone is salty by obviously being salty yourself.Why is he pretending that money printing matters all sudden. With his amazing knowledge of federal reserve.
Did it matter 8 months ago?
or few years ago?
Did it matter 8 months ago?
or few years ago?
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
01-06-2021, 12:33 PM
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#7409
- topperstyle
- 720 Crew
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- topperstyle
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Originally Posted By Carbonfibre⏩
“All of the sudden”Why is he pretending that money printing matters all sudden. With his amazing knowledge of federal reserve.
Did it matter 8 months ago?
or few years ago?
Did it matter 8 months ago?
or few years ago?
You use that argument a lot when talking to people on here. Why is that? Does someone’s view only matter if there is a documented history of them talking about it?
Is he wrong or is he right?
Imagine dismissing any and every topic someone brings up simply because it’s the first time you saw it.
aLl Of ThE sUdDeN
What an odd approach.
Cheers,
01-06-2021, 12:42 PM
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#7410
- OptimistPrime11
- Banned
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- OptimistPrime11
- Banned
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Update on the stock plays I gave out 30-40 days ago.
RVVTF shared at .21. Hit .72 and currently at .53. Up 350% at its high and holding at 150% up.
MITI shared at .021. Telemed stock just getting started. Has been climbing the past 3 weeks and is currently at .039. Up 90%.
RXMD shared at .032. Unchanged at .032.
CTYX shared at .029 is the next to go. Currently at .037 up 30%. This bio tech should be trading with a market cap 100 x higher as they have a licensing deal with the National Inst of Health for a cancer drug treatment. Chart is very bullish and imo could be trading north of 50 cents by end of Jan as a number of news events are scheduled.
RVVTF shared at .21. Hit .72 and currently at .53. Up 350% at its high and holding at 150% up.
MITI shared at .021. Telemed stock just getting started. Has been climbing the past 3 weeks and is currently at .039. Up 90%.
RXMD shared at .032. Unchanged at .032.
CTYX shared at .029 is the next to go. Currently at .037 up 30%. This bio tech should be trading with a market cap 100 x higher as they have a licensing deal with the National Inst of Health for a cancer drug treatment. Chart is very bullish and imo could be trading north of 50 cents by end of Jan as a number of news events are scheduled.
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