Official Penny Stock Day Trade / Short Term

Just stunning numbers here:
https://www.cnbc.com/2021/12/22/options ... stors.html

"A record of 39 million options contracts have traded daily on average this year, rising 35% from 2020. Retail investors now account for more than 25% of this trading activity."

So when do us degenerates in Canada get options on the TSXV and CSE?

IMO a changing of the guard is here permanently. More money will be spent on derivatives than the underlying assets themselves.

CDNGreenTrader wrote: ↑ Just stunning numbers here:
https://www.cnbc.com/2021/12/22/options ... stors.html

"A record of 39 million options contracts have traded daily on average this year, rising 35% from 2020. Retail investors now account for more than 25% of this trading activity."

So when do us degenerates in Canada get options on the TSXV and CSE?

IMO a changing of the guard is here permanently. More money will be spent on derivatives than the underlying assets themselves.

I've been trading US options for 2021. And losing.

geokilla wrote: ↑ I've been trading US options for 2021. And losing.

Option is for the experts meh

jenneth wrote: ↑ Option is for the experts meh

Nah I've improved my options trading over time. Problem with me is timing. Sold SPY puts at $0.98 20 minutes ago. Now $1.9

Added 150 shares of LAC with the TFSA contribution. Upto 1220 shares now

wa88gta wrote: ↑ Added 150 shares of LAC with the TFSA contribution. Upto 1220 shares now

I used this years 6k on LAC/AN (5k&1k) as well. Lots on the horizon this year for LAC. March is just a couple months away. Appeal, DFS(will look juicy given todays pricing), and strategic partner(s) all within a few short months. CO ramp up in Q4 going into Q1 23.

Downtrend hopefully doesn’t stick, so that we get the most ‘pop’ from these upcoming catalysts but we shall see…

AN - expect drilling results soon, bullish insider grants exercised. LAC & GNFG certainly interested in their brine reagent. AN has tech for speeding up lithium chloride production, LAC has refining facility v close by…. Expect some partnership on that front soon. Still multiples to be made imo.

CHR - expect a trend reversal to commence similarly to what we experienced going into spring 2021. Excited to hear from their ER soon in Feb.. mgmt outlined 3-400M capital deployment in more aircraft in 22 to support RAL. Maybe some shiny new E2s? I hope they start capitalizing on the Dash 8s we’ve received from the CPA exclusion soon (hint debentures removing security on the dash 8s)… hopefully no new deferrals on existing contracts + we’ll be starting to bring new money in from recently delivered aircraft contracts..

Back into CHR and dipped my toes into LAC.

Was tired of watching them drop but PKK just went for a ride, bounced of $5.15 and running

* edit * ... and not endorsing anyone try and catch a ride here, she could be sputtering

ZENtek went today today, the pennies getting a little trader love

* edit 2 * ... PKK still going

* edit 3 * ... might be game over at 6.5x

* edit 4 * ... there was actual news, Class Action Law Suit for losses on PKK

Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Tenet Fintech Group Inc. f/k/a Peak Fintech Group Inc. ("Tenet" or the "Company"), (OTC: PKKFF, NASDAQ: TNT).

PKK responded:

Toronto, Ontario--(Newsfile Corp. - January 7, 2022) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative Fintech and AI service provider and manager of the Business HubT, today announced that CEO Johnson Joseph will sit down for a Q&A video interview with StockFam on Monday January 10, 2022 to provide an update on the Company's operations and address the recent performance of Tenet's stock.

hebsie wrote: ↑ Was tired of watching them drop but PKK just went for a ride, bounced of $5.15 and running

* edit * ... and not endorsing anyone try and catch a ride here, she could be sputtering

ZENtek went today today, the pennies getting a little trader love

* edit 2 * ... PKK still going

* edit 3 * ... might be game over at 6.5x

* edit 4 * ... there was actual news, Class Action Law Suit for losses on PKK

Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Tenet Fintech Group Inc. f/k/a Peak Fintech Group Inc. ("Tenet" or the "Company"), (OTC: PKKFF, NASDAQ: TNT).

PKK responded:

Toronto, Ontario--(Newsfile Corp. - January 7, 2022) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative Fintech and AI service provider and manager of the Business HubT, today announced that CEO Johnson Joseph will sit down for a Q&A video interview with StockFam on Monday January 10, 2022 to provide an update on the Company's operations and address the recent performance of Tenet's stock.

That stockfam group is awful. Just an echo chamber of people pumping up stocks. I have seen them ban people who post any kind of negative news.

Really impressed with GLXY, fingers crossed, DME.v continuing its comeback! Etmc crushing it as well, basically my smallest solutions doing the best, pretty standard

supremePug wrote: ↑ That stockfam group is awful. Just an echo chamber of people pumping up stocks. I have seen them ban people who post any kind of negative news.

If you've checked out ceo.ca/pkk lately, that perspective may change.

The lawsuits are all still regarding the short attack ~3 months ago. The SEC listing has been a big roadblock for the company and no revenue or deals will change that trend. It was terrible timing while the SEC is updating their rules for businesses who operate in China. The new rules come into effect Monday apparently, so might lead to some progress but so hard to know with how slow the SEC works.
I've never been a swing trader, started buying over a year ago and still adding more today. Haven't sold once, and I'm only upset in hindsight. Still excited for the future.

Wpgguy86 wrote: ↑ Really impressed with GLXY, fingers crossed, DME.v continuing its comeback! Etmc crushing it as well, basically my smallest solutions doing the best, pretty standard

I'm absolutely surprised it hasn't settled below $20. Hopefully I don't regret holding crypto stocks over the weekend. Lol

Not starting any new positions until the bags are a little lighter. I hope all of you had a good new year and first week back. This has been the busiest week for me since I started this new position lol. People kept f'ing up and I needed to fix it. The only real day trade I did was Phun.. 2.85 to 3.05.. barely anything.. Lets hope next week is good. I got 2 bottles of soju and a box of ramen.. and a bottle of red wine.. cheap weekend :P .

Fingers crossed and hope for a good week

faken wrote: ↑ Fingers crossed and hope for a good week

Powell testifies tomorrow.....might need to cross our toes also not just fingers.

VIX still heating up, could be a strong couple of days of volatility into Wednesday's inflation numbers. HUV could be printing $$$

TLRY earnings today, results were mixed but PMs are up. Might be something for a quick trade. OGI reports tomorrow, this might put some wind under their sails, might be a decent underdog play

Crypto. Hmmm

Another red day. Portfolio going down hill again.
Might look into HUV for day trade.

MVIS below $4…

TLRY >20% and moving, can't see this holding but MJ is crazy

Grabbed more GLXY at 20.63

BTC bounced $1k, let's go miners