Just had my first 100%+ increase thanks IBIO, I might actually make 10k off this position based on the amount of volume in after market. Just need some news....
I love the chaos of this bloody market.
IntelSat position is still steady, -$100 on it atm but tomorrow uncertainty pertaining to FCC bid will become certain.
Just had my first 100%+ increase thanks IBIO, I might actually make 10k off this position based on the amount of volume in after market. Just need some news....
I love the chaos of this bloody market.
IntelSat position is still steady, -$100 on it atm but tomorrow uncertainty pertaining to FCC bid will become certain.
Great!
This shit is stressful, I've never been so mad at making money.
Made 3k off of IBIO today but it could have been 4k if I timed it better...
Total gain for the week was $3700 off of MAXR and IBIO
Still holding IntelSat and GME, they are my long positions.
ya, short term is work. long positions are nice. you can just chill but still keep an eye on things.
The thing with buying and selling, we never really do it at it's peak, but it becomes more clear after the shifts in direction.
As for the Coronavirus scare. Anything that relys on import from China will suffer. I watched a piece explaining how all imports rely on ports located in South Korea.
I don't know how it was done but it's been reported that the Coronavirus was found in shipping containers. Markets are crashing right now as South Korea's ports are vital to a lot of markets.
This of course is not entirely a bad thing if you're on the right side of the exchanges, but it wouldn't hurt to sell off then buy back after the storm.
On Monday I'm going to shut down TFSA account and transfer the proceedings to Tether in cryptoland. I'm planning out for the coming events in this space which is starting this coming May.
The thing with buying and selling, we never really do it at it's peak, but it becomes more clear after the shifts in direction.
Indeed.
As for the Coronavirus scare. Anything that relys on import from China will suffer. I watched a piece explaining how all imports rely on ports located in South Korea.
I don't know how it was done but it's been reported that the Coronavirus was found in shipping containers. Markets are crashing right now as South Korea's ports are vital to a lot of markets.
This of course is not entirely a bad thing if you're on the right side of the exchanges, but it wouldn't hurt to sell off then buy back after the storm.
That's why I've been staying away from such assets, though if I was more familiar with options and futures I'd definitely be try to profit off their crash.
I actually wanted to start investing because I was following Chinas Market so closely after the virus hit, it's very fun.
Shout out to Kestrel for listening to me yap about it in pm and also sharing a lot of useful info.
On Monday I'm going to shut down TFSA account and transfer the proceedings to Tether in cryptoland. I'm planning out for the coming events in this space which is starting this coming May.
There's still alot of great stocks to invest in.
IBIO made me 3k in less than 24 hours, it is a biotech company that owns FastPharming which is the only facility of its kind. They can produce vaccines and antibody medications in 3 weeks. They built it in collaboration with DARPA for pandemic situations. Other companies design the vaccines and Ibio produces them. Tons of great Bio plays right now.
Plus Tech is always a safe haven for this sorta thing, especially streaming and other services, I noticed this when watching the Shanghai composite.
Also, very easy to feed off volatility with options - there is a learning curve though.
Crypto seems to be your love though, always best to invest in what you know.
This shit is stressful, I've never been so mad at making money.
Made 3k off of IBIO today but it could have been 4k if I timed it better...
Total gain for the week was $3700 off of MAXR and IBIO
Still holding IntelSat and GME, they are my long positions.
ya, short term is work. long positions are nice. you can just chill but still keep an eye on things.
Yes it is, but its also very fun and very rewarding.
Now I understand the Matthew McConaughey scene in Wolf of Wallstreet.
"You Jerk off?"
NVAX, BCRX, and IBIO all in play this week.
Total profits so far $360 - (could have been $600+ yesterday on SCORN play but lost it and went negative thanks to hesitation and greed)
NVAX will play out tomorrow tomorrow, has uptrend strength that could grow do to new Govt bill.
IBIO is a pump a dump but may stick around till the end of tomorrow depending on news from their investor meaning which starts at 9:30 AM tomorrow. It is currently in a downtrend funnel but has a possible breakout point.
Big play of the week is BCRX. Earnings report will com put tomorrow at 8:30 am and I'm hoping for good news, with the current trend it could easily push it above 4 given the current uptrend which will give it break out potential to fill the 4-7 gap.
