Investing

Official Penny Stock Day Trade / Short Term

  • Last Updated:
  • Jul 27th, 2021 9:36 pm
Deal Addict
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Nov 15, 2013
2223 posts
2317 upvotes
Toronto, ON
srz5095 wrote: What is the expectation for tomorrow, more drops or hoping a green day?
I hedged my PLTR purchase ($21.82) with a $21.50 covered call (Expires in 3 days).
Deal Addict
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Nov 15, 2013
2223 posts
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Toronto, ON
Something is cooking with GIGM. What a close at $4.85. AH now over $5. Watch for sparks tomorrow.
Deal Addict
Jan 6, 2006
2635 posts
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Can someone explain what "hedge" means? Sorry I'm a fulltime retard.
Member
Dec 20, 2010
431 posts
356 upvotes
Toronto
Another "Red" FlagDeals day, sigh. Some good dip buying opportunities tho.
Penalty Box
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Dec 16, 2015
2805 posts
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Toronto
EddySaver wrote: Another "Red" FlagDeals day, sigh. Some good dip buying opportunities tho.
We should rename to GreenFlagDeals so the market stays green
To the moon
Jr. Member
Dec 13, 2011
170 posts
76 upvotes
GMA
Got greedy with [CIDM] this morning and changed my sell order from $2.15 to $2.45...
Penalty Box
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Dec 16, 2015
2805 posts
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Phatjoe wrote: Got greedy with [CIDM] this morning and changed my sell order from $2.15 to $2.45...
$1 too much?
To the moon
Deal Addict
Jan 6, 2006
2635 posts
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Let's start a new thread so this one can stay on page 420.
Member
Aug 13, 2019
338 posts
161 upvotes
Bought a bit of cdim, and I'm swinging mvis with you all now
Deal Fanatic
Apr 11, 2006
9445 posts
3584 upvotes
Mississauga
Got in to MVIS near market close at $13.24. Only had some spare change for 45 shares. No biggie, but a decent entry price. Will swing trade it with this play money.
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Nov 15, 2013
2223 posts
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Toronto, ON
Phat_cow wrote: Can someone explain what "hedge" means? Sorry I'm a fulltime retard.
Hedging mitigates risk. Normally, if you go long on a stock, you can buy puts in case the stock goes down and you'll profit from that downward movement. However, I prefer selling options rather than buying, since I can collect the premiums.
I'm betting that the stock most likely will go down below $21.50 within the next three days, and I'll keep the premiums and my shares.
If the stock stays above $21.50, then I'll simply just buy options contracts to close out my sold calls (I prefer to keep my PLTR shares rather than have them exercised).
Deal Addict
Jan 6, 2013
1136 posts
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WATERLOO
Diamond handing GME at $38 from $320 has trained me to be numb on days like the past couple days.
Sr. Member
Sep 18, 2019
715 posts
613 upvotes
Looks like we may have another round of CIDM roller coaster ride tomorrow.

Up 30% @ $2.10 - 6:15pm EST
[OP]
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Sep 21, 2007
8302 posts
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Winnipeg
I don't have any stop losses on any of my holdings. I only have sell limits. I want that $3 to hit for CIDM. I need to move more into BFT lmao.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
[OP]
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Sep 21, 2007
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1/ $CIDM We have had numerous inquiries about our involvement in the #NFT market. Cinedigm is excited about the rise in consumer adoption and commercial prospects for #NFT. Given our extensive film library, deep connection to fandom and collectibles, and
2/ $CIDM's strong brand partnerships and technology capabilities, I have directed our product team to develop new #NFT products to enhance the user experience of our loyal audiences.
"3/ $CIDM To be clear, these new #NFT initiatives are to support our core mission: creating great streaming channel and content experiences for our passionate user base. More to come. - Chris McGurk, CEO"
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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Nov 15, 2013
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Who are they partnered with that can give them exclusive licensed NFT's?

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