So if you had $50K to invest, where would you put it?

Rmtt · 06-05-2020, 05:09 AM

Also let's talk volume for those that hear it...but not quite sure baout it.

A stock can go from $2 to $20.......but volume determines how long it takes to get there. It's affected by Market Cap, Float, etc. Below is an example.

When you see a stock with low float which means they aren't that many public shares available, if there is a catalyst....the volume of people trying to get in goes up dramatically and those shares are worth far more than if a company has a ton of shares out there to buy.

Dilution is an enemy of the float. When it's time to sell...you want people clamoring to get what you own.

You could have a stock worth $100....but if no one is buying you just have a stock worth $100.

That is where you get into Level 2 Charts. I highly recommend looking at those and learning how they work. They let you know what the bid/ask is going for.

In my example below..you will see bid on the left and ask on the right. This is Xspa. This is something you should always consult if buying something that is "hot" as it allows you to see resistance, volume, and what the "spread" is. Volume right now is light. Yesterday it was over 100 million. It will ramp up again like crazy.

Volume is how you set up scanners to alert you that something is going on.

Rmtt · 06-05-2020, 05:55 AM

Also keep in mind....Fridays are typically "sell-off" days in the market!

So don't be swayed if you see your holdings drop some. It's always been like this!

SwaledaleDubz · 06-05-2020, 06:12 AM

Meggit now at £3.71 up 9.47% today woopwoop

Ps anyone interested in an interesting penny share check out Kefi Minerals Plc an interesting punt with a bit of grunt behind it potentially.

Rmtt · 06-05-2020, 07:04 AM

CDEV is another one that COULD break out. It's at 1.23...but if it hits 1.40...things could get interesting! Volume is slowly building. Almost 175K this morning.

Rmtt · 06-05-2020, 07:08 AM

Also ACHV is primed to run. Just don't chase it!

If you can get in at a dip at .45 or less...you are good.

Rmtt · 06-05-2020, 07:15 AM

Also for others looking for a solid group that pays dividends.....check out GEO and do your research.

Rmtt · 06-05-2020, 07:34 AM

XpresSpa Group Signs Contract with HyperPointe™ for Airport-based COVID-19 Screening andTesting

https://investors.xpresspa.com/node/12311/pdf

tnsatbhs · 06-05-2020, 08:05 AM

Quote:

Originally Posted by Rmtt

XpresSpa Group Signs Contract with HyperPointe™ for Airport-based COVID-19 Screening andTesting

https://investors.xpresspa.com/node/12311/pdf

Good news there! Sounds like more to come as they announce new locations!

Rmtt · 06-05-2020, 09:25 AM

Quote:

Originally Posted by Nuckle

Got in BIOL at .50 thanks!

BIOL starting to wake up....and on a Friday at that!

Nuckle · 06-05-2020, 09:26 AM

Quote:

Originally Posted by Rmtt

Quote:

Originally Posted by Nuckle

Got in BIOL at .50 thanks!

BIOL starting to wake up....and on a Friday at that!

Was just seeing that. Got a bailout number in mind?

Masterplan · 06-05-2020, 09:28 AM

Been keeping an eye on LK Luckin Coffee.

What's everyones thoughts?

Rmtt · 06-05-2020, 09:30 AM

Quote:

Originally Posted by Masterplan

Been keeping an eye on LK Luckin Coffee.

What's everyones thoughts?

That was a buy-in earlier. I would tread carefully with that one as there are some variables that could swing it either way.

Rmtt · 06-05-2020, 09:32 AM

Quote:

Originally Posted by Nuckle

Was just seeing that. Got a bailout number in mind?

Between .90 and a 1.00.

Now it may not hit that today...but it's worth that amount!

But remember...."green is green".

Masterplan · 06-05-2020, 09:34 AM

Quote:

Originally Posted by Rmtt

That was a buy-in earlier. I would tread carefully with that one as there are some variables that could swing it either way.

I'm aware of its troubled past and the issues that may continue to haunt it. Seemed like Ive missed the boat on that one.

dreamingat30fps · 06-05-2020, 09:35 AM

Just saw VISL hit .80s for a bit

Rmtt · 06-05-2020, 09:40 AM

Quote:

Originally Posted by Masterplan

I'm aware of its troubled past and the issues that may continue to haunt it. Seemed like Ive missed the boat on that one.

Don't worry about it...there will be more that come along!

premier3is · 06-05-2020, 09:54 AM

Too late to enter BA now too for long term. Damn. Would've made a killing on all airline stocks.

Nuckle · 06-05-2020, 10:01 AM

Quote:

Originally Posted by Rmtt

Quote:

Originally Posted by Nuckle

Was just seeing that. Got a bailout number in mind?

Between .90 and a 1.00.

Now it may not hit that today...but it's worth that amount!

But remember...."green is green".

It's about to! It got to .78.

E92inNC · 06-05-2020, 10:09 AM

Quote:

Originally Posted by dreamingat30fps

Just saw VISL hit .80s for a bit

I’m in at 1.25. When I saw it falling off I doubled down for .90 but didn’t fill. Bummed I missed out.

Rmtt · 06-05-2020, 10:12 AM

CHFS....I think we could see a Buck next week sometime. It;s at .49 last I looked...so double your money anyone?

Again....do your own research. I don't want anyone to lose. However...I did buy in.

Rmtt · 06-05-2020, 10:17 AM

Quote:

Originally Posted by Nuckle

It's about to! It got to .78.

Yeah, being a Covid play it will go up and down. It will eventually get up there when people realize what's happening. Right now it like the movie where the dog yells "Squirrel".

But if you got in at .50....I could see taking .75 next time it comes around so you can play something else.

These things run in 1 month cycles...a lot of swing traders.

Another big one that my friend has been in for months. Ship.

Buys in around .12 for like a 100K shares...then sells at .18 within a day. It has made that same run for the last 5-6 months about once per month.

That's how day traders kill it.

Rmtt · 06-05-2020, 10:26 AM

Quote:

Originally Posted by Rmtt

CHFS....I think we could see a Buck next week sometime. It;s at .49 last I looked...so double your money anyone?

Again....do your own research. I don't want anyone to lose. However...I did buy in.

So I get in at .49....now it shot up to .55 and then back down to .52.

Still holding for more though!!!!

06-05-2020, 05:09 AM	#1167
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	Also let's talk volume for those that hear it...but not quite sure baout it. A stock can go from $2 to $20.......but volume determines how long it takes to get there. It's affected by Market Cap, Float, etc. Below is an example. When you see a stock with low float which means they aren't that many public shares available, if there is a catalyst....the volume of people trying to get in goes up dramatically and those shares are worth far more than if a company has a ton of shares out there to buy. Dilution is an enemy of the float. When it's time to sell...you want people clamoring to get what you own. You could have a stock worth $100....but if no one is buying you just have a stock worth $100. That is where you get into Level 2 Charts. I highly recommend looking at those and learning how they work. They let you know what the bid/ask is going for. In my example below..you will see bid on the left and ask on the right. This is Xspa. This is something you should always consult if buying something that is "hot" as it allows you to see resistance, volume, and what the "spread" is. Volume right now is light. Yesterday it was over 100 million. It will ramp up again like crazy. Volume is how you set up scanners to alert you that something is going on. Attached Images __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 4 Nuckle2192.50 E92inNC1709.50 clutchdj1872.50 IllSic_Design2122.50 Quote

06-05-2020, 05:55 AM	#1168
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	Also keep in mind....Fridays are typically "sell-off" days in the market! So don't be swayed if you see your holdings drop some. It's always been like this! __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 4 Nuckle2192.50 E92inNC1709.50 clutchdj1872.50 IllSic_Design2122.50 Quote

06-05-2020, 06:12 AM	#1169
SwaledaleDubz Registered 8 Rep 4 Posts Drives: Bmw 320D Lci Join Date: Nov 2019 Location: North Yorkshire iTrader: (0)	Meggit now at £3.71 up 9.47% today woopwoop Ps anyone interested in an interesting penny share check out Kefi Minerals Plc an interesting punt with a bit of grunt behind it potentially.
	Appreciate 1 Nuckle2192.50 Quote

06-05-2020, 07:04 AM	#1170
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	CDEV is another one that COULD break out. It's at 1.23...but if it hits 1.40...things could get interesting! Volume is slowly building. Almost 175K this morning. __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 1 Nuckle2192.50 Quote

06-05-2020, 07:08 AM	#1171
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	Also ACHV is primed to run. Just don't chase it! If you can get in at a dip at .45 or less...you are good. __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 2 Nuckle2192.50 E92inNC1709.50 Quote

06-05-2020, 07:15 AM	#1172
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	Also for others looking for a solid group that pays dividends.....check out GEO and do your research. __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 1 Nuckle2192.50 Quote

06-05-2020, 07:34 AM	#1173
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	XpresSpa Group Signs Contract with HyperPointe™ for Airport-based COVID-19 Screening andTesting https://investors.xpresspa.com/node/12311/pdf __________________ Everybody has a gameplan....until they get punched in the mouth.
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06-05-2020, 09:28 AM	#1177
Masterplan Lieutenant 122 Rep 572 Posts Drives: F87 M2 & G05 X5 Join Date: Mar 2010 Location: UK iTrader: (0)	Been keeping an eye on LK Luckin Coffee. What's everyones thoughts?
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06-05-2020, 09:35 AM	#1181
dreamingat30fps Lieutenant Colonel 5307 Rep 1,907 Posts Drives: Miata, Cayenne, Model 3, F350 Join Date: Jan 2010 Location: South Florida & NC iTrader: (1)	Just saw VISL hit .80s for a bit
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06-05-2020, 09:54 AM	#1183
premier3is Major 1628 Rep 1,003 Posts Drives: 2019 BMW 330i M-Sport Join Date: Jul 2019 Location: CA iTrader: (0)	Too late to enter BA now too for long term. Damn. Would've made a killing on all airline stocks.
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06-05-2020, 10:12 AM	#1186
Rmtt Colonel 8208 Rep 2,250 Posts Drives: 2011 BMW 128i, 2008 LS3 C6 Join Date: Jan 2019 Location: South Carolina iTrader: (3)	CHFS....I think we could see a Buck next week sometime. It;s at .49 last I looked...so double your money anyone? Again....do your own research. I don't want anyone to lose. However...I did buy in. __________________ Everybody has a gameplan....until they get punched in the mouth.
	Appreciate 0 Quote