Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Decided to pick up some NRGU today. I've been following it and WTI futures since you guys talk about it so much. In the door at $4.44 and I'll be out the door at $5.00 or $4.20. Whatever comes first. OCO order is already set. lol

 

5? It will be 6 mid day tomorrow I heard

 

WTI futures aren't looking that good. I've got a lot of funds locked up in other things in the play account so it's just a quick in and out. 5% loss or 12% gain. Those are my terms and I'm fine with them. I never suffer from FOMO.

 

Just playing, I stay away from all that, but when I buy short term I do the exact same thing. I set my exit points and I’m out.

 

Looks like those new shares of HTZ wont be sold after all. SEC questioned it and HTZ pulled the plug.

 

sounds like behind closed doors the sec probably asked wtf are you thinking and they said oops.

 

Its a little sad they had to say anything. You’d think after they pretty clearly state they expect anyone who buys the shares to lose their money, it would keep people from touching htz. But knowing people would still buy in, they had to step in to stop it.

 

People just see a low stock price with a large move up and think they're gonna win the lottery. Anyone that holds things like that more than a day is asking for trouble. Look at GNUS. I was in and out in 15 minutes. People that held it are screwed. Same thing with HTZ.

 

Htz in at .88 out at 3.35 I got lucky. I remember those numbers because that was my one smart move I’ve ever made if they hit 0.80 or below again and it makes sense I’ll chuck another 25 bucks at them in a gamble. If they’re basically on the way to zero though I wouldn’t.

 

When they hit .80 just save your cash and buy a nice lunch. At least you'll get something out of it. lol

 

hah, fair enough. Yeah I’m probably done gambling with htz.

ps https://www.nj.com/business/2020/06...g-more-than-250-stores-cutting-3400-jobs.html

that should be fun tomorrow.

 

They can cut anything except that dividend right @Boyk1182 ?

 

ATT will be fine. They haven't adjusted dividends and online sales more then makes up for cutting 250 stores. It's a smart call IMO.

I'm about to break my own damn OTC stock rule. I've spent the last hour researching the Nevada lithium deposits and who has control over them. The winner in American Lithium Corp(LIACF). Currently the volume is 2.4m and stock price is just under 60 cents. They have good financials and have made a huge run up this year. I think I'm gonna buy in tomorrow morning.

 

I am an owner, cut whatever you have to, but don’t cut the payment to the owners.

 

Sold and went all-in on NRGU.

 

Well okay. Oil up. Futures up. ... and it's Friday.

Please lower your safety bar and find someplace to stow your sunglasses — gonna be an interesting ride.

 

Yea, opening hour sell off, then climb back, followed by a sell off. Unless I sold something early, then we can expect continuous climb throughout the day.

 

NRGU set to open around 5.25 as I type. yee haw! I was wrong, Friday not a down/sell off day? Maybe not, or could be later in the day. Who knows. I'm not dropping out of the race early this time.

 

what did you buy in for and how many shares?

 

Total average is 4.70 160 shares. Nothing exciting. Technically 4.55, if I want to look at it that way, stop loss at 4.68 and bought back at 4.70 because I'm smart.

sorry - 161 shares