|
Ashford CEO, taking over every TV signal: citizens of Gotham, we are going to dilute our shares by 40 million every hour until our demands are met Commissioner Gordon: what are your demands? Ashford CEO: we don't know
|
# ? Jul 6, 2021 16:51 |
|
|
# ? Mar 28, 2024 11:40 |
|
The only thing not red today is my cash balance
|
# ? Jul 6, 2021 17:10 |
|
A HORNY SWEARENGEN posted:Ashford CEO, taking over every TV signal: citizens of Gotham, we are going to dilute our shares by 40 million every hour until our demands are met The company makes money when they sell shares. Just not shareholders. The motivation is they wanna sell their stock at like 2.5 or whatever to make cashola and stay in business or whatever, and get upside on the elevated price levels.
|
# ? Jul 6, 2021 17:27 |
|
Syrinxx posted:The only thing not red today is my cash balance True, you can’t go negative on $0
|
# ? Jul 6, 2021 18:03 |
|
I played SPY puts almost perfectly today...too bad that only barely offset my AHT CSPs getting destroyed.
|
# ? Jul 6, 2021 18:19 |
|
And out of AHT. Only a loss of 238 bucks, which I'm sure undoes every single solitary gain I've made since November. Lesson learned: Don't buy hotel stocks when the world is getting out of a pandemic and stuff is opening back up, instead buy from a failing game retailer.
|
# ? Jul 6, 2021 18:27 |
|
Leal posted:And out of AHT. Only a loss of 238 bucks, which I'm sure undoes every single solitary gain I've made since November. Lesson learned: Don't buy hotel stocks when the world is getting out of a pandemic and stuff is opening back up, instead buy from a failing game retailer. And a dying movie theater chain
|
# ? Jul 6, 2021 18:30 |
|
Hey NDRA is under 2.10 again. Time to penny stock
|
# ? Jul 6, 2021 18:32 |
|
Spy is still up 20% since November, so you could have played that and be up some, memes aren't the only thing that win in the market.
|
# ? Jul 6, 2021 18:33 |
|
I guess if ever there was a good time to announce the Pentagon cancelled the $10b deal with Microsoft, now is it.
|
# ? Jul 6, 2021 18:46 |
|
Still LOLing that they announced a reverse split and dilution simultaneously in after hours. LMAO my broke rear end will never recover from this. The Anime Liker fucked around with this message at 19:05 on Jul 6, 2021 |
# ? Jul 6, 2021 18:57 |
|
they haven't done the reverse split yet, read the announcement. it's effective after close july 16 https://www.ahtreit.com/files/5650/AHT_Reverse_Stock_Split_Release.pdf
|
# ? Jul 6, 2021 19:03 |
|
latinotwink1997 posted:True, you can’t go negative on $0 My good sir, have you read the good word about margin?
|
# ? Jul 6, 2021 19:03 |
|
pmchem posted:they haven't done the reverse split yet, read the announcement. it's effective after close july 16 *announced, I should have said
|
# ? Jul 6, 2021 19:05 |
|
So I definitely get the apprehension towards individual Chinese companies, but what about a Chinese index fund? Is there anything comparable to SPY and such?
|
# ? Jul 6, 2021 19:16 |
|
Red posted:I guess if ever there was a good time to announce the Pentagon cancelled the $10b deal with Microsoft, now is it. These 'AMZN Jan 21 2022 3800 Call' that I bought last month plus my long term AMZN holdings has completely wiped out my meme stock losses from the past 4 months so that's nice.
|
# ? Jul 6, 2021 19:35 |
|
Garfu posted:These 'AMZN Jan 21 2022 3800 Call' that I bought last month plus my long term AMZN holdings has completely wiped out my meme stock losses from the past 4 months so that's nice. Wasn't that deal really shady and likely trump just sticking it to bezos?
|
# ? Jul 6, 2021 19:41 |
|
Russian autonomous robots with video cameras to infest college campuses across the nation, courtesy of grubhub: https://www.reuters.com/technology/russias-yandex-driverless-robots-deliver-food-us-colleges-with-grubhub-2021-07-06/ gee, no possible way this could go wrong from a privacy / IP theft perspective $GRUB is now a dutch company that bought out gruhhub, btw
|
# ? Jul 6, 2021 19:53 |
|
Any point in holding AHT or just eat my loss? I've already lost a lot... but I will hold forever if that's what it takes.
|
# ? Jul 6, 2021 20:57 |
|
Hodl
|
# ? Jul 6, 2021 20:58 |
|
pmchem posted:Russian autonomous robots with video cameras to infest college campuses across the nation, courtesy of grubhub: These things are gonna be tempting targets for drunken frat boys
|
# ? Jul 6, 2021 21:08 |
|
nuketulsa posted:Any point in holding AHT or just eat my loss? I've already lost a lot... but I will hold forever if that's what it takes. At this point, I've lost 48% on AHT so why the gently caress should I not ride it to the bottom? Let's see this play out! Also, I have a call holding my stock until July 16th so there's not a drat thing I can do about it any way.
|
# ? Jul 6, 2021 21:14 |
|
nuketulsa posted:Any point in holding AHT or just eat my loss? I've already lost a lot... but I will hold forever if that's what it takes. I mean, eventually global tourism will rebound. It could be 2 or 15 years but those hotels will start printing money again some day. The question is can you make a better return on your remaining value elsewhere in the mean time Alternately, AHT keeps issuing more stock to stay afloat, and majority investors take ownership of their assets in bankruptcy before global travel returns, leaving you holding the bag I sold my shares that I bought Friday for a $0.01/share profit this morning
|
# ? Jul 6, 2021 21:16 |
|
Nfcknblvbl posted:At this point, I've lost 48% on AHT so why the gently caress should I not ride it to the bottom? Let's see this play out! Also, I have a call holding my stock until July 16th so there's not a drat thing I can do about it any way. You can exit the position entirely buying back the call and selling the shares. Gotta be down to like 0.05 if it is down almost half since writing it.
|
# ? Jul 6, 2021 21:20 |
|
nuketulsa posted:Any point in holding AHT or just eat my loss? I've already lost a lot... but I will hold forever if that's what it takes. Real answer is to sell. While you may be tempted to hold until you get your money back, and consider that not losing. You have to keep in mind Opportunity cost. If you take your loss now, and reinvest well that money is making you money. If you keep holding while the ship sinks, even if it rebounds years later, you've lost out on all the money you could've made, and if you "Break Even" you've still lost money because of inflation
|
# ? Jul 6, 2021 21:30 |
|
Leal posted:Hey NDRA is under 2.10 again. Time to penny stock I made an effort post about $nxtc in the long term investing channel in the discord. Any reason why $ndrc is a thing?
|
# ? Jul 6, 2021 21:44 |
|
Search the thread for $GOON TL;DR it's the local meme stock I bought 20 more shares this morning when it was under $2.10 because lol
|
# ? Jul 6, 2021 21:51 |
|
Toalpaz posted:The company makes money when they sell shares. Just not shareholders. The motivation is they wanna sell their stock at like 2.5 or whatever to make cashola and stay in business or whatever, and get upside on the elevated price levels. I believe the angle is to pay money to AINC who pays dividends on their preferred shares which are over 75% owned by Monty Bennett and family, who also control the boards of the Ashford companies. This is just color: quote:Bennett has a history in East Texas of spending several hundred thousand dollars to get new board members of a water district elected when he opposed a water pipeline crossing his exotic animal ranch. He also added a graveyard in the proposed pathway of the pipeline and relocated two dead people there in a further attempt to keep the water pipeline off the “prettiest” part of his 1,500 acre ranch.
|
# ? Jul 6, 2021 22:15 |
|
Le0 posted:Thanks for sharing this. I'm trying to learn stuff and this looks like a good way. What kind of data feeds do you use to analyze trends and look back at historical data? TC2000 looks good but it's a bit expensive for a newb I think, or is it really that good? Ive been going over his stuff too and found that I could get things setup pretty nicely in Think or Swim, although it took some time. ToS is one of those apps that is clearly very powerful and flexible but also absolutely overwhelming to deal with. Ive only been paper trading with that setup for like a week though so it might be a dead end, but if TC2000's fees are a concern for you like they were for me I think its worth a look.
|
# ? Jul 6, 2021 22:16 |
|
Sold off my remaining Photon Control shares. Voted "No" to the deal, wanted more, but was outvoted anyway. Frustrating for small cap stocks. Keeping MKS instruments on my watch list, a little too pricey right now but they bought a great company for a great price... Taking my winnings and buying more stocks: 606 shares of Corecivic (CXW) @10.26 (below book value) - Michael Burry bought a big chunk and I think it will do fine long term. 3,125 shares of In Play Oil (IPO) @1.44 - Well run company that's one of the fastest drillers in Alberta. Got caught with debt when the price of oil fell but is now recovering quite well. Target is $2.75/share. 1140 shares of Tamarack Valley (TVE) @2.62 - looks really good, target of $6.00/share. I think oil's going to do really well this year. I still believe Tesla's headed for a crash and I think investors will return to oil. Besides, travel's going to pick up again this year, and planes don't run on batteries. Sticking to Canadian oil producers as I think oil sands and overseas exploration plays are big risks. 640 shares of Sesen Bio (SESN) @4.15 - Biotech penny stock - has Vicinium which is in stage 3 trials to combat bladder cancer and is expected to pass FDA in August. (Where have I heard that before...) Seems like a good gamble. Another Canadian oil stock is Gran Tierra Energy (GTE) ($.93/share now) which claims to have undeveloped reserves of 26.2 million barrels of oil equivalent. Unfortunately these projects are in Columbia and Ecuador so it's too risky for me to touch. Target is $3 a share so who knows? Also not touching Suncor or Enbridge stock as one is tied up in oil sands projects and the other is sitting on a pipeline #5 timebomb.
|
# ? Jul 7, 2021 01:14 |
|
Nfcknblvbl posted:At this point, I've lost 48% on AHT so why the gently caress should I not ride it to the bottom? Let's see this play out! Also, I have a call holding my stock until July 16th so there's not a drat thing I can do about it any way. I trimmed down my AHT a little to grab some more LUV calls and park some more in GOON for a little bit, but I'm letting the rest ride.
|
# ? Jul 7, 2021 01:17 |
|
Going from CoreCivic to Canadian oil? Are you actually Satan IRL?
|
# ? Jul 7, 2021 01:18 |
|
How many of those Canadian oil companies are going to send me K-1’s at tax time I regret not jumping on POCEF when you mentioned it before, perhaps these are good choices as well
|
# ? Jul 7, 2021 01:23 |
This actually looks like a decent play. What am I missing? https://www.reddit.com/r/wallstreetbets/comments/of2qwj/schn_the_scrap_attack_part_i_balls_of_steel/
|
|
# ? Jul 7, 2021 01:47 |
|
D-Pad posted:This actually looks like a decent play. What am I missing? Fuckin wave of mid-2000s gbs nostalgia reading that post
|
# ? Jul 7, 2021 02:05 |
|
Imagine seeing some multi-page "DD" on reddit and not realizing mental illness wrote it.
|
# ? Jul 7, 2021 02:13 |
|
Fame Douglas posted:Imagine seeing some multi-page "DD" on reddit and not realizing mental illness wrote it. I mean, leaving aside that this was written by GBS circa 2005, what marks is it missing? I'm interested in a proper dissenting opinion beyond 'lol reddit' because I'm bullish on steel myself right now.
|
# ? Jul 7, 2021 02:30 |
|
lol reddit
|
# ? Jul 7, 2021 02:33 |
Fame Douglas posted:Imagine seeing some multi-page "DD" on reddit and not realizing mental illness wrote it. I mean that is why I am asking what I was missing, it does seem like a decent play if you read his analysis. The thing is WSB does occasionally have some gems you just have to dig through a ton of poo poo to find them, especially these days.
|
|
# ? Jul 7, 2021 02:36 |
|
|
# ? Mar 28, 2024 11:40 |
|
If I discovered a foolproof method for guaranteed financial success, my first impulse would definitely be to share it on Reddit.
|
# ? Jul 7, 2021 04:13 |