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MI, USA
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Posted: 5/27/2020 3:18:01 PM EST
[#1]
Quote HistoryOriginally Posted By RyanEsstac: Hertz: in at $.70 out at $1.26 should have bought a lot more than 100 shares  funny lol |
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Posted: 5/27/2020 3:22:25 PM EST
[#2]
Quote HistoryOriginally Posted By RwithThe40: How about that RNWK though! My only regret is not buying more when I had the chance! I thought I had bought some the other day when I added it to my watch list......I had not 
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Posted: 5/27/2020 4:20:20 PM EST
[#3]
Quote HistoryOriginally Posted By colt_thompson: In and out of MARK almost three times today. Broke my own rule and kept 100 shares over night What kind of profits are you seeing from multiple dips? And do you have to invest over $25k each time, in order to not be flagged for day trading? |
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Posted: 5/27/2020 4:21:43 PM EST
[#4]
You guys should have gotten in on Macy's. To the moon!
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Posted: 5/27/2020 4:23:22 PM EST
[Last Edit: NotRyan]
[#5]
Quote HistoryOriginally Posted By colt_thompson: In and out of MARK almost three times today. Broke my own rule and kept 100 shares over night Sold all but 1 share at $3.47, just so it stays on the top of my Robinhood list. I should have bought more boeing. Surprised its climbing so much with all thats going on this week. |
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Posted: 5/27/2020 4:29:07 PM EST
[#6]
Quote HistoryOriginally Posted By RyanEsstac: Sold all but 1 share at $3.47, just so it stays on the top of my Robinhood list. I should have bought more boeing. Surprised its climbing so much with all thats going on this week. They started back production of Max. But also laid off 6800 people. 
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Posted: 5/27/2020 4:56:51 PM EST
[#7]
Well, I didn't get my 87 cent MVIS limit order, but got some nice gains on CMK and PLAY.
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Posted: 5/27/2020 6:53:02 PM EST
[#8]
Quote HistoryOriginally Posted By KaiK: They started back production of Max. But also laid off 6800 people. Quote HistoryOriginally Posted By KaiK: Originally Posted By RyanEsstac: Sold all but 1 share at $3.47, just so it stays on the top of my Robinhood list. I should have bought more boeing. Surprised its climbing so much with all thats going on this week. They started back production of Max. But also laid off 6800 people. Thought I saw 12,000. Stock jumped after hours. |
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Posted: 5/27/2020 7:36:48 PM EST
[#9]
Quote HistoryOriginally Posted By Ramcharger_pilot: Thought I saw 12,000. Stock jumped after hours. News says near 7000. |
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Posted: 5/27/2020 8:21:27 PM EST
[#10]
Quote HistoryOriginally Posted By RwithThe40: What kind of profits are you seeing from multiple dips? And do you have to invest over $25k each time, in order to not be flagged for day trading? In at 3.36 out at 3.48. In at 3.15 out at 3.30. In at 3.10 mostly out at 3.36. |
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Posted: 5/27/2020 9:51:10 PM EST
[#11]
Quote HistoryOriginally Posted By colt_thompson: In at 3.36 out at 3.48. In at 3.15 out at 3.30. In at 3.10 mostly out at 3.36. How are you avoiding the day trading ban hammer? |
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Posted: 5/27/2020 10:03:00 PM EST
[#12]
Quote HistoryOriginally Posted By jacobsk: How are you avoiding the day trading ban hammer? Account over $25,000 is the most common. Using multiple brokerages is another. Cash account, also. |
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Posted: 5/28/2020 3:51:18 AM EST
[#13]
So if I have a WeBull account and a RH, I can make 3 day trades for each account?? (Every 5 trading days of course)
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Posted: 5/28/2020 6:51:36 AM EST
[#14]
still been making cash on EGHT. it cycles pretty well. and i don think they are at much risk of taking a dump.
made some dough on RIOT. still not sure about MARK. lets see how the markets are today. |
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Posted: 5/28/2020 7:41:04 AM EST
[#15]
Quote HistoryOriginally Posted By jacobsk: How are you avoiding the day trading ban hammer? I use TD for my accounts Here's their rules on day trading FINRA defines a day trade as any position that is bought and sold (or sold and bought) on the same day in your account. A pattern day trader is defined as anyone who places four or more day trades in their margin account over any rolling 5-business day period. PDT rule does not apply to cash accounts. Therefore, TD Ameritrade allows unlimited number of day trades on cash accounts I don't trade on margin and I try to limit myself to no more than 3 trades per day of the same stock |
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Posted: 5/28/2020 8:22:16 AM EST
[Last Edit: Hamiltbl2]
[#16]
Quote HistoryOriginally Posted By colt_thompson: I use TD for my accounts Here's their rules on day trading FINRA defines a day trade as any position that is bought and sold (or sold and bought) on the same day in your account. A pattern day trader is defined as anyone who places four or more day trades in their margin account over any rolling 5-business day period. PDT rule does not apply to cash accounts. Therefore, TD Ameritrade allows unlimited number of day trades on cash accounts I don't trade on margin and I try to limit myself to no more than 3 trades per day of the same stock Protip: If you trade on margin you can lose money that you don't have.
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COL
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Posted: 5/28/2020 8:28:25 AM EST
[#17]
Let the games begin!
 
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Posted: 5/28/2020 8:36:28 AM EST
[#18]
In on RNWK this morning . Caught it right at the open
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USA
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Posted: 5/28/2020 8:39:54 AM EST
[#19]
Quote HistoryOriginally Posted By colt_thompson: In on RNWK this morning . Caught it right at the open Does that have anything going for it or is it purely a momentum play? |
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Posted: 5/28/2020 8:43:21 AM EST
[Last Edit: colt_thompson]
[#20]
Quote HistoryOriginally Posted By IEC: Does that have anything going for it or is it purely a momentum play? Playing the momentum. As soon as I buy I enter a sell at 3-5% over my cost My goal is 2% a day across my entire account. This account was just for day trading but now it holds MVIS which makes 2% daily gains harder While I was typing this I sold 80% of my RNWK at $2.11. I'll put a sell on the last 20% at $2.20 and see what happens |
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Posted: 5/28/2020 10:16:03 AM EST
[#21]
Quote HistoryOriginally Posted By colt_thompson: Playing the momentum. As soon as I buy I enter a sell at 3-5% over my cost My goal is 2% a day across my entire account. This account was just for day trading but now it holds MVIS which makes 2% daily gains harder While I was typing this I sold 80% of my RNWK at $2.11. I'll put a sell on the last 20% at $2.20 and see what happens Nice! I got in at .94 and cashed out this morning at $2 |
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NV, USA
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Posted: 5/28/2020 10:31:00 AM EST
[#22]
Quote HistoryOriginally Posted By Hamiltbl2: Protip: If you trade on margin you can lose money that you don't have. Quote HistoryOriginally Posted By Hamiltbl2: Originally Posted By colt_thompson: I use TD for my accounts Here's their rules on day trading FINRA defines a day trade as any position that is bought and sold (or sold and bought) on the same day in your account. A pattern day trader is defined as anyone who places four or more day trades in their margin account over any rolling 5-business day period. PDT rule does not apply to cash accounts. Therefore, TD Ameritrade allows unlimited number of day trades on cash accounts I don't trade on margin and I try to limit myself to no more than 3 trades per day of the same stock Protip: If you trade on margin you can lose money that you don't have. I made the potential mistake of switching to a margin account -- not because I trade on margins, as much as transfering cash in takes so long that I will use margin up to the limits of my pending transfers. Patience is not one of my virtues. |
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Posted: 5/28/2020 10:32:04 AM EST
[#23]
Quote HistoryOriginally Posted By RwithThe40: Nice! I got in at .94 and cashed out this morning at $2 That's a solid 100% + return in a couple weeks |
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Posted: 5/28/2020 10:49:47 AM EST
[#24]
Quote HistoryOriginally Posted By Hamiltbl2: Protip: If you trade on margin you can lose money that you don't have. Quote HistoryOriginally Posted By Hamiltbl2: Originally Posted By colt_thompson: I use TD for my accounts Here's their rules on day trading FINRA defines a day trade as any position that is bought and sold (or sold and bought) on the same day in your account. A pattern day trader is defined as anyone who places four or more day trades in their margin account over any rolling 5-business day period. PDT rule does not apply to cash accounts. Therefore, TD Ameritrade allows unlimited number of day trades on cash accounts I don't trade on margin and I try to limit myself to no more than 3 trades per day of the same stock Protip: If you trade on margin you can lose money that you don't have. I just sent a request to Robinhood to downgrade me to a cash account |
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Posted: 5/28/2020 10:53:02 AM EST
[#25]
Quote HistoryOriginally Posted By Hamiltbl2: Protip: If you trade on margin you can lose money that you don't have. Many years ago I flipped a house and took the profit and open a Merrill Lynch margin account. This was just as the dot com era was tanking. Tried to make my losses up in oil. Lost almost $10,000 in 6 months Valuable lesson |
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USA
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Posted: 5/28/2020 10:53:50 AM EST
[#26]
Quote HistoryOriginally Posted By Sparky: I just sent a request to Robinhood to downgrade me to a cash account That's worse than the PDT restrictions. Cash accounts require a settlement period for all trades and transactions. With waiting for your trades to settle it'd likely be very difficult to actually trigger enough daytrades in a rolling 5-day period to even hit the PDT restrictions. |
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Posted: 5/28/2020 11:15:59 AM EST
[#27]
Quote HistoryOriginally Posted By IEC: That's worse than the PDT restrictions. Cash accounts require a settlement period for all trades and transactions. With waiting for your trades to settle it'd likely be very difficult to actually trigger enough daytrades in a rolling 5-day period to even hit the PDT restrictions. Robinhood has a instant settlement option. |
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USA
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Posted: 5/28/2020 11:19:24 AM EST
[#28]
Quote HistoryOriginally Posted By CYB29: Robinhood has a instant settlement option. RH's instant settlement option uses... wait for it... margin! So by going "cash only" you lose instant settlement. |
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Posted: 5/28/2020 11:32:33 AM EST
[#29]
Quote HistoryOriginally Posted By IEC: RH's instant settlement option uses... wait for it... margin! So by going "cash only" you lose instant settlement. I’m cash only and have instant settlement.  I also have a debit card with them so that may be a factor. |
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Posted: 5/28/2020 11:57:20 AM EST
[#30]
Man I was hoping for an entry on GNUS with limit orders at $1.41, $1.51, & $1.61 @1k shares each. I want to hold it past the 6/15 launch figuring we'll see some movement by then.
Well today it's up to $2.38 already
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Posted: 5/28/2020 12:20:05 PM EST
[#31]
Quote HistoryOriginally Posted By Hamiltbl2: Protip: If you trade on margin you can lose money that you don't have. Yup. Take $1000, make small short plays and build up. It isn't hard to build a base to trade from on .20c moves. Damn if I'd ever trade on margin. |
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Posted: 5/28/2020 12:20:59 PM EST
[#32]
Quote HistoryOriginally Posted By jacobsk: Man I was hoping for an entry on GNUS with limit orders at $1.41, $1.51, & $1.61 @1k shares each. I want to hold it past the 6/15 launch figuring we'll see some movement by then. Well today it's up to $2.38 already sorry it is hard to keep up with all the stock news. what launch is 6/15? thanks. |
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Posted: 5/28/2020 12:28:31 PM EST
[#33]
Quote HistoryOriginally Posted By Hamiltbl2: Protip: If you trade on margin you can lose money that you don't have. Quote HistoryOriginally Posted By Hamiltbl2: Originally Posted By colt_thompson: I use TD for my accounts Here's their rules on day trading FINRA defines a day trade as any position that is bought and sold (or sold and bought) on the same day in your account. A pattern day trader is defined as anyone who places four or more day trades in their margin account over any rolling 5-business day period. PDT rule does not apply to cash accounts. Therefore, TD Ameritrade allows unlimited number of day trades on cash accounts I don't trade on margin and I try to limit myself to no more than 3 trades per day of the same stock Protip: If you trade on margin you can lose money that you don't have. 
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Posted: 5/28/2020 12:30:43 PM EST
[#34]
Quote HistoryOriginally Posted By dle1424: sorry it is hard to keep up with all the stock news. what launch is 6/15? thanks. Quote HistoryOriginally Posted By dle1424: Originally Posted By jacobsk: Man I was hoping for an entry on GNUS with limit orders at $1.41, $1.51, & $1.61 @1k shares each. I want to hold it past the 6/15 launch figuring we'll see some movement by then. Well today it's up to $2.38 already sorry it is hard to keep up with all the stock news. what launch is 6/15? thanks. https://www.gnusbrands.com/news-media/press-releases/detail/1060/genius-brands-international-to-launch-kartoon-channel I sold most of mine on Tuesday.  still have 500 though. |
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Posted: 5/28/2020 12:42:42 PM EST
[#35]
Quote HistoryOriginally Posted By Chokey: https://www.gnusbrands.com/news-media/press-releases/detail/1060/genius-brands-international-to-launch-kartoon-channel I sold most of mine on Tuesday.
still have 500 though.
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Posted: 5/28/2020 1:01:00 PM EST
[#36]
Meanwhile over at MVIS...
Nothing is happening, I mean nothing. |
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Posted: 5/28/2020 1:06:53 PM EST
[#37]
GNUS just had trading halted.
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Posted: 5/28/2020 1:11:08 PM EST
[#38]
Quote HistoryOriginally Posted By NIevo: GNUS just had trading halted. Holy shit it's crashing |
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TX, USA
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Posted: 5/28/2020 1:15:43 PM EST
[#39]
Someone sold 3 million shares then bought them right back
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USA
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Posted: 5/28/2020 1:15:56 PM EST
[#40]
Quote HistoryOriginally Posted By Sparky: Holy shit it's crashing Pump. Meet dump. |
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Posted: 5/28/2020 1:16:32 PM EST
[#41]
Quote HistoryOriginally Posted By IceStationZebra: Meanwhile over at MVIS... Nothing is happening, I mean nothing. The only thing that truly concerns me right now is the M-gen's 20 second attention span. If they're truly in talks right now there's going to be comm-out that could run several weeks to months. Investors with serious stakes will sit tight, but the 500 share guys are going to get jittery. No anticipated events until the mid-Aug R/S, if they wait that long. If they don't, there better be a deal or major announcement tied in tight right behind it. $0.88 feels like a solid floor right now, but they can't take that for granted, the shorts will run at it. |
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Posted: 5/28/2020 1:17:18 PM EST
[#42]
crazy shit for GNUS. 2.82 down to 2.10 in minutes.
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Posted: 5/28/2020 1:22:14 PM EST
[#43]
Quote HistoryOriginally Posted By dle1424: crazy shit for GNUS. 2.82 down to 2.10 in minutes. Bought in at $1.80 |
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Posted: 5/28/2020 1:23:22 PM EST
[Last Edit: dle1424]
[#44]
Quote HistoryOriginally Posted By Sparky: Holy shit it's crashing Quote HistoryOriginally Posted By Sparky: Originally Posted By NIevo: GNUS just had trading halted. Holy shit it's crashing anybody know why that happened? or was it just a 'shaking' out of the weak hands? ETA: 1.80 is a pretty good entry point. |
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Posted: 5/28/2020 1:24:16 PM EST
[#45]
Quote HistoryOriginally Posted By dle1424: crazy shit for GNUS. 2.82 down to 2.10 in minutes. It was down to at least $1.60 for a few seconds. |
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Posted: 5/28/2020 1:45:01 PM EST
[Last Edit: VTForester]
[#46]
Quote HistoryOriginally Posted By dle1424: anybody know why that happened? or was it just a 'shaking' out of the weak hands? ETA: 1.80 is a pretty good entry point. Quote HistoryOriginally Posted By dle1424: Originally Posted By Sparky: Originally Posted By NIevo: GNUS just had trading halted. Holy shit it's crashing anybody know why that happened? or was it just a 'shaking' out of the weak hands? ETA: 1.80 is a pretty good entry point. There was a direct offering at I think $1.50. ETA: I sold all at $2.71 and went to lunch. Sometimes you get lucky! |
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TX, USA
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Posted: 5/28/2020 1:46:38 PM EST
[#47]
Wooo CLIS. Down 33 percent since I bought in. I'm out on Monday regardless.
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Posted: 5/28/2020 1:51:16 PM EST
[#48]
Quote HistoryOriginally Posted By VTForester: There was a direct offering at I think $1.50. ETA: I sold all at $2.71 and went to lunch. Sometimes you get lucky! thanks for the info. well played. i frequently remind myself of that cliche about luck being better than skill 
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Posted: 5/28/2020 2:03:45 PM EST
[#49]
Quote HistoryOriginally Posted By dle1424: thanks for the info. well played. i frequently remind myself of that cliche about luck being better than skill I wish I was watching it when it dropped to 1.60. I would have bought 10k or so. Ohh well, I needed off that roller coaster for a bit so all is good. |
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Posted: 5/28/2020 2:25:40 PM EST
[Last Edit: IceStationZebra]
[#50]
Quote HistoryOriginally Posted By Sparky: Bought in at $1.80 Quote HistoryOriginally Posted By Sparky: Originally Posted By dle1424: crazy shit for GNUS. 2.82 down to 2.10 in minutes. Bought in at $1.80 I bought a little at 1.75. Set my sell order for 2.75. What have you guys gotten me into?
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