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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
lewdog 03:19 PM 06-25-2020
Originally Posted by petegz28:
Meh, we're in a bit of a trading range here and you are going to see selling at the end of the quarter as managers re-balance their portfolios. Plus people are going to start preparing for the election and the media is doing their best into scaring the country back into a shut down partially because of said coming election.

For all intents and purposes in a longer term view this is still a bear market rally.
Agreed on the last part. I think a short term rally continues before a bear returns. I’m profit taking in chunks.
[Reply]
petegz28 03:22 PM 06-25-2020
Originally Posted by lewdog:
Agreed on the last part. I think a short term rally continues before a bear returns. I’m profit taking in chunks.
Got a run maybe up to 3140 and possible 3230 on the SPX if we stay in this range.
[Reply]
Hammock Parties 03:28 PM 06-25-2020
Originally Posted by lewdog:
Lol what?

It’s closed below $1.60 literally every day this past 2 weeks....last time it closed above $1.60 was June 4th.....that’s not support.
It's currently at at 1.79. HOW THAT HAPPEN?!
[Reply]
lewdog 03:36 PM 06-25-2020
Originally Posted by Hammock Parties:
It's currently at at 1.79. HOW THAT HAPPEN?!
That still has nothing to do with “showing support” at $1.60.
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Hammock Parties 04:09 PM 06-25-2020
Originally Posted by lewdog:
That still has nothing to do with “showing support” at $1.60.
I've been watching this stock every day for weeks. People keep buying in the 1.50s and now it's building in the 1.60s. Trust me, it has a shit ton of support.

It's been very slow and steady for a long time now.

This won't fall past 1.60 for weeks.
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Nightfyre 04:54 PM 06-25-2020
You guys are hilarious. You have seen IBIO jump primarily because it is joining the Russell indices as of COB tomorrow as part of the annual rebalance of the index. Tomorrow and Monday will be huge days because literally 8 trillion in funds are based on the Russell 2000 index. Selling AH tomorrow or on Monday is probably the play.
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DaFace 04:56 PM 06-25-2020
Originally Posted by Nightfyre:
You guys are hilarious. You have seen IBIO jump primarily because it is joining the Russell indices as of COB tomorrow as part of the annual rebalance of the index. Tomorrow and Monday will be huge days because literally 8 trillion in funds are based on the Russell 2000 index. Selling AH tomorrow or on Monday is probably the play.
Just a clarification that "you guys" = Clay. He's the only one here who keeps hammering one particular stock he's hung his hopes and dreams on.
[Reply]
Nightfyre 04:58 PM 06-25-2020
Similarly, I sold puts on FSLY and SPCE to take advantage of the same rebalancing.
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Hammock Parties 05:03 PM 06-25-2020
Originally Posted by DaFace:
Just a clarification that "you guys" = Clay. He's the only one here who keeps hammering one particular stock he's hung his hopes and dreams on.
Not so. A small part of my pie.

That is about to be so, so tasty.
[Reply]
Nightfyre 05:33 PM 06-25-2020
Originally Posted by DaFace:
Just a clarification that "you guys" = Clay. He's the only one here who keeps hammering one particular stock he's hung his hopes and dreams on.
You are right, my apologies for casting a wide net.
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jdubya 05:40 PM 06-25-2020
IBIO 1.8 after hours a bit ago.....
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lewdog 05:44 PM 06-25-2020
I might still own some IBIO shares.....,
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Hammock Parties 06:49 PM 06-25-2020
At minimum this is going to $5 within a month.
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lewdog 09:27 PM 06-25-2020
Dividend Lovers

https://www.tipranks.com/news/articl...elding-over-7/

ENB
FTAI
TWO
[Reply]
Hammock Parties 07:23 AM 06-26-2020
IBIOOOOOOOOOOOOOOOOOOOOOOOOO
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