Stock Market is the bottom in?

[Telemark]

I just bought 500 shares of PLTR. Love getting stocks on sale. I will probably sell at 125 if it gets there in the next few weeks. Just pocketed $280 selling call options on my shares at a $110 strike price that expire tomorrow. I'll just keep selling calls until the shares sell.

I also scalped BABA and and MNDR for about 600 bucks. It's almost 11pm in Vietnam, so I'm done for the day.

 

[buckvelvet]

Do some of you trade stocks on the daily?

 

[Howboutthemdawgs]

Do some of you trade stocks on the daily?

I play with options and usually trade some daily. I also have long term equities I just hold

 

[jsasker007]

I'm strictly stocks. No options here. No margin. Buy stock when the price looks good and sell when there is some money to be made. Need to get more long term holdings in place for sure. I have time to watch my stocks daily.

 

[Westwind]

Just sold the SMCI I bought for $33 and bought some Palantir

 

[jsasker007]

In about 5 days SMCI will be releasing the 10k. That's the only thing holding the stock back at this point. After the 10k it should really climb.

 

[Westwind]

In about 5 days SMCI will be releasing the 10k. That's the only thing holding the stock back at this point. After the 10k it should really climb.

Interesting- maybe I should do some more swapping!

I actually hated letting it go, it's been a fun ride!

 

[jsasker007]

Interesting- maybe I should do some more swapping!

I actually hated letting it go, it's been a fun ride!

Sounds like you made a decent profit as is anyway. Not guaranteed that it'll blast off either but that's what everyone thinks will happen after they release the 10k on the 25th. They suffered a smear campaign against them by hindenburg who put out a terrible report to benefit themselves because they had money betting against SMCI. Hindenburg has since closed their doors and went under. Investigations showed no wrong doing in the accounting for SMCI but a lot of damage was done. Bad news makes the front page while good news goes unnoticed most of the time. jmo

 

[jsasker007]

Also the hedge funds betting against SMCI are hanging on for dear life today trying to keep the price down to collect on their bets against the company.

 

[wooduck]

I'm strictly stocks. No options here. No margin. Buy stock when the price looks good and sell when there is some money to be made. Need to get more long term holdings in place for sure. I have time to watch my stocks daily.

Look at Excel energy ,, you can not go wrong with elec. utilities ,, not flashy but everyone turns on the lights daily ,,, been very , very good to me over 25 years ,, buy and hold, no ongoing sales commission, no fees ,, just slow growth

 

[jsasker007]

Supposedly a meeting at 1:00 today with Nvidia and supermicro.

 

[Westwind]

Supposedly a meeting at 1:00 today with Nvidia and supermicro.

oh man I timed that wrong!

 

[BuckSutherland]

I decided I liked the idea and got some CELH on the dip at the open this morning, could be a fun stock to hold onto and see what happens.

Looks like you will be able to average down on CELH. Dropped 8% after hours on earnings. We shall see where it goes. The reactions are so sharp as soon as these earnings drop... I might take a position yet too. I wouldnt mind stabbing a few shares around $20.

 

[jsasker007]

Looks like you will be able to average down on CELH. Dropped 8% after hours on earnings. We shall see where it goes. The reactions are so sharp as soon as these earnings drop... I might take a position yet too. I wouldnt mind stabbing a few shares around $20.

Earnings don't come out for another 2 hours.

 

[jsasker007]

Maybe the shorts at work? Earnings hub says 6:00ET for the earnings release. Somethings up

 

[BuckSutherland]

The earnings are out.... You can find them on Twitter among other places. The earnings call doesn't take place for a few hours. CELH is acquiring another drink maker for $1.8 billion. It has been down as much as 10.5% in after hours...

 

[jsasker007]

Did they miss estimates? WTF?

 

[Howboutthemdawgs]

My call options look wonderful right now…I may need to shotgun a few Celsius’s

 

[BuckSutherland]

Did they miss estimates? WTF?

I like to watch this livestream when I am home for the close. They were talking about CELH being down on earnings along with a bunch of other stocks.... I think you are correct and the earnings were not out yet. The stock was down on acquisition news.

I think the earnings are now out....

The stock is now pumping. Been 11% down and now up 12%......

 

[BuckSutherland]

CELH

beat EPS and beat revenue