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Cacafuego
Jul 22, 2007

maffew buildings posted:

My biopharma plays from last week broke even, I now know set alerts for stuff on the FDA approval calendar seeing that EVOK popped for 100% between Friday AH and PM today before some sell off this morning. Seems kind of obvious in retrospect but that's learning.

That's a pretty good idea. I may do the same. I've been dabbling in small pharma/biotech as well, but I have to be careful because my company works hand in hand with many pharma companies and I am directly involved with monitoring the outcomes of the trials/knowing who has what new contracts/etc.

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Cacafuego
Jul 22, 2007

1st_Panzer_Div. posted:

It's super unlikely you are an insider or capable of insider trading, you have to be an exec, officer, or major shareholder (<10%).

Insider trading would be (as an example) I work in finance for a company owned 90% by a parent company on the NYSE. After preparing our quarterly financials, I see that we killed it and know that we make up 60% of the parent company, and go out and buy stock in said parent company before the parent company does it's quarterly earnings calls cause I know it's going to make money.

Incidentally apparently helping prepare said financials, at a bank that's on the NYSE, but not being an exec. or major shareholder, I was allowed to buy/sell on/before or after quarterly announcements, no restrictions.

Sharing info with internet/news is never allowed afaik and will get you turbofucked.

Thanks for the info. I don’t share any info with anyone online or anywhere else when I know what’s going on and I’ve never used my knowledge before to benefit myself. I’ve always been too scared to do anything with the info I have to avoid doing something stupid.

Cacafuego
Jul 22, 2007

GoGoGadgetChris posted:

It's surprisingly difficult to actually commit insider trading. Like, fewer than 5% of a company's employees probably know something that would even make it possible to do. If you have the authority to fire half the company or write seven figure checks with the company's checkbook, you're probably in a position where you know enough. But if not, you're just an employee who knows what's going on at work.

That said, there's nothing wrong with erring on the side of caution. If the SEC knows you did it, they will convict you, even if you've done your best to hide it. A pair of high profile perps went down a few years ago because the SEC successfully argued that they exchanged insider information verbally, based on them having bought train tickets to the same destination :tinfoil:

Yeah, I don’t share info, nor do I ask coworkers for it. But, if I’m working on a drug trial, I know when they’re ending and most of the time, I can tell whether the news will be good or bad. I assume buying stock/puts/calls with that knowledge wouldn’t look good.

Cacafuego
Jul 22, 2007

:same:

Cacafuego
Jul 22, 2007

I haaaaate SUVs and pickup trucks, but I've always been a fan of the 2 door K5 blazer. I can't figure out how to build them with only 2 doors on the ford site, but damnit, I may be interested in these if, and only if I could get it in 2 doors.

If it's enticing me to possibly want one, they likely have a hit. I may pick up some F as well.

Cacafuego
Jul 22, 2007

Are there some good warehouse/data center REITs that are worth a look? Any mortgage/residential REITs that look to be stable enough to weather the incoming end of rent/mortgage moratoriums/loss of $600/week?

Cacafuego
Jul 22, 2007

What happened to the discord? I have access to it, and it says people are online, but I have only a bot-auth channel and a resume-interviews channel with nothing else in them. I used to have the whole thing. I’d ask in the request thread, but moneyball killed it.

Cacafuego
Jul 22, 2007

FreelanceSocialist posted:

Did you auth in the bot-auth channel?

I used to have full access and hadn’t had to auth. Is that something new? I’m an old and I don’t know how to do that :lol:

Cacafuego
Jul 22, 2007


That worked, thanks.

Cacafuego
Jul 22, 2007

jawbroken posted:

No clue what you're ranting about or responding to. Whenever I hear people complaining about the treatment of workers at those companies it's not about IT nerds or project managers, it's about warehouse workers, content moderators, retail, factory employees, etc.

Same goes for Disney. I know plenty of people that work in the parks that get treated like absolute garbage. But then I know a few people that work as PMs and elsewhere in IT and while they ride them hard, they treat/pay them very well.

Baddog posted:

Soooo.... how about this new strategy of deploying federal troops to "democrat-run" cities, in an apparent effort to antagonize and incite even more violence prior to the election?

This is not loving looking good, and I'm getting a bad feeling about it. Like maybe even worse than the goddamn plague.

I've been actually working all day for once in the past few months. What is this now?

Cacafuego
Jul 22, 2007

I bought UAVS last week in anticipation of a deal with amazon. Shot up 11% so far today.

Cacafuego
Jul 22, 2007

f1av0r posted:

Anyone else holding Zillow and/or redfin? I bought a house in February and while I used an agent, it seems like coronavirus could shift this industry pretty fast.

I had read about RDFN a while back and liked what they were planning to do. It's done well for me so far and I expect it will continue to rise over the next few years.

Cacafuego
Jul 22, 2007

leper khan posted:

Suicide hotline?

That’s next week

Cacafuego
Jul 22, 2007

For anyone that may want to get in early, I loaded up on UAVS a couple weeks ago as they're a drone company that may be announcing a large partnership with Amazon soon. This morning, they had a press release that they're moving to their new warehouse/manufacturing facility in Wichita, KS just a short distance away from a brand new Amazon warehouse. Keep an eye on it today to increase.

E: https://www.globenewswire.com/news-...ita-Kansas.html

Cacafuego
Jul 22, 2007

f1av0r posted:

I’ve been all in all PayPal, Redfin, Zillow and beyond meat. I know beyond meat has meme status but i still like where it’s going.

Think they are all winners while we in Covid land

RDFN has been real good for me.

Also holding UAVS, we’ll see where it goes.

Cacafuego
Jul 22, 2007

Wealthy coast dwellers aren’t going to stay in bumfuck forever though. There’s no museums, art galleries, fancy restaurants, etc to show off your wealth. Is there a timeline that it’s expected that the wealthy will come back to the cities?

Cacafuego
Jul 22, 2007

dougdrums posted:

I bought AAL, DAL, LUV, and UAL maybe two or three months ago. I'm up about 40% between them. Not sure why they're all up today. Pretty sure frequent flier miles are the only thing holding the market together rn.

Airline shares surge as TSA numbers hit pandemic high, support for second bailout builds

Cacafuego
Jul 22, 2007

Something I saw pop up - VRS is offering a normal 0.10/share dividend and a special, one time dividend of $3.00/share with an ex-dividend date of 9/17. Is this anything to get excited about?

Verso Corporation Announces $3.00 Special Cash Dividend and Reports Second Quarter 2020 Financial Results

Cacafuego
Jul 22, 2007

tangy yet delightful posted:

Looking forward to the UAVS pump tomorrow that makes me a hundred-aire.

:hfive:

Cacafuego
Jul 22, 2007

FreelanceSocialist posted:

I think UAVS earnings are on the 18th as well. It's not really clear. Which means it's probably a mountain of bullshit.

UAVS earnings is out:

https://www.ageagle.com/news-and-events

Cacafuego
Jul 22, 2007

FreelanceSocialist posted:

This is entirely my opinion - but if it's a meaningful amount I'd bail. The whole thing just feels sketchy. If it's a small position, maybe hold through the corp call tomorrow.

Why do you say that? As someone newer to this stuff, I'm wondering what signs they're showing that makes you think that. I don't doubt you, just wondering what you see that is telling you it's no good so I know for the future what to look out for.

Cacafuego
Jul 22, 2007

FreelanceSocialist posted:

You've got a company producing a niche product (ag drones), nothing really that innovative, pushes a cryptic announcement and builds a new facility "near" to an Amazon hub. Company appears to be only tangentially-related to one aspect of Amazon's business plan (drones). Company makes an announcement about issuing stock/warrants but words it so that it will be deliberately misinterpreted by people skimming articles (flag: this "offering" was priced above the market price). Company makes no effort to make it easy to figure out when their earnings release was going to be - most sites I checked were still TBD on the date as late as mid-week last week. The actual quarterly report throws up some big numbers but they almost all feel like they were padded by the $10m stock warrant thing that went down, the recent move to build the new facility, etc. I just don't see any actual R&D or sales stuff to back any of this up. All I really see is a small company, a penny stock for quite a long time, that got some mileage out of a few content-light PR pieces and then got a capital infusion. I could be totally wrong but I just don't feel like this is the "ground floor" of anything - which feels like exactly what the company wants it to look like - what with them "teasing" investors with a secret deal with some ecommerce company and touting some kind of product/service to solve a "last mile" problem that doesn't really exist in a form they can solve with drones anytime soon.

Why be shady about poo poo? Why offer warrants or shares or anything right now? loving announce the deal and when your valuation goes to the moon, then play the game. None of this feels like pro-level stuff.

I think they geared up and pumped their share price to get some money to build a new facility and try to pivot their business model. I think that's it.

Ahh ok, you could be right about a lot of that and does sound like a very “don’t look behind the curtain” kind of thing. Thanks for explaining it!

Cacafuego
Jul 22, 2007

AHH F/UGH posted:

The nice thing about Robinhood is just that it's so god drat intuitive and uncluttered. If you want to do something there's generally a pretty clear and simple way to do it without having to construct some Frankenstein's monster trade or worry that you're messing something up when opening or closing.

For years, I’d thought about buying stocks with a little bit of money here and there. My wife and I have vanguard Roth IRAs with vanguard mutual funds. She has a Fidelity 401k and I have a mass mutual 401k all with vanguard mutual funds.

When the market talked earlier this year my wife and i talked about buying up some airline stock, but I had no idea how to do it. A friend showed me RH, it has no fees and as said above, it’s easy as hell to use.

I still only have like $6,000 in it and I’m not a serious trader. I don’t do crazy options trades or spreads. I don’t day trade. I have figured out how to sell a few covered calls and make about $100/ month just doing that. I don’t need a ton of detailed info. I don’t need in depth analysis.

It does what I want for a casual user to quickly and easily buy a few stocks that I have access to on my phone.

I also love the fact that the stodgy old guard can’t stand that millennials are loving up the system with their upstart trading platform.

Cacafuego
Jul 22, 2007

This may be a dumb question, but you gotta learn somehow and I only recently started investing outside of retirement mutual funds. I’ve recently made a few hundred $ in covered calls in my fun money RH account.

Currently, I have 100% VTSAX in my vanguard Roth IRA. Would it be possible to sell that, purchase 100% VTI (minus the <$200 that I’m not able to buy a full share with) in the Roth IRA and sell covered calls on every 100 shares?

If possible, is there any reason I shouldn’t do that? Would the gains affect the $6,000 max that I can deposit to my Roth IRA for 2020?

Disclaimer: any gains are not for withdrawal, but for additional growth in my retirement accounts.

Cacafuego
Jul 22, 2007

FreelanceSocialist posted:

Disclaimer: I grew up in PA and therefore love Utz and also Yuengling and also Yuengling-flavored Utz (yes, that's a thing).

Howdy friend. I’m from Allentown and have loved Utz for years. Yuengling less so after 2016. Maybe I need to :getin: on this

Cacafuego
Jul 22, 2007

FistEnergy posted:

I was hoping to cash in on the UTZ pop today to free up for RKT earnings on 9/2. Hopefully tomorrow brings me joy.

How is RKT expected to do? I expect earnings to be good, but it looked a bit risky to stay in after earnings.

Cacafuego
Jul 22, 2007

I’ve only known Catalent as a company that ships experimental drugs for my research sites. Did not know they were big enough for the S&P500.

Cacafuego
Jul 22, 2007

So, it appears the conspiracy theories as to why Tesla was kept out of the S&P500 have started.

Cacafuego
Jul 22, 2007

What happened to drop the market in the last half hour?

Cacafuego
Jul 22, 2007

Did someone forget to tell the market that the senate bill had a 0% chance of passing?

Cacafuego
Jul 22, 2007

pmchem posted:

so, the daytrading discord channel basically just quotes twitter and c2 reports all day

but this one is funny enough to share. @thestalwart is a great troll (he retweeted this). can't believe he's employed by bloomberg

https://twitter.com/OJRenick/status/1318995880729563139?s=20

I’m doing it now as I arrive in my first class seat and head to my connection for another first class flight. Upgrades are easy to come by now.

I fight for my right to party work travel. My company is trying to regionalize, but I just fought back to get myself taken off 2 driveable projects and added to ones that I have to fly to for the aforementioned reasons per twitter.

E: also, booking >2hr layovers so that my flights take 8 hours allows me to charge that to my timesheet and ignore my emails until tomorrow.

Cacafuego fucked around with this message at 23:05 on Oct 21, 2020

Cacafuego
Jul 22, 2007

drunken officeparty posted:

Maybe my working class is showing but don’t know anyone and can’t even really think of a job that requires flying. Other than.. pilot?

e: touring comedian or singer??

I’m a nurse that monitors clinical trials (specifically vaccines). We’re uh, slammed as you’d imagine.

Cacafuego
Jul 22, 2007

FistEnergy posted:

https://twitter.com/realDonaldTrump/status/1320873664296804354?s=19

We absolutely won't have a total on November 3rd. A bunch of states have already confirmed they won't count everything until Friday *at the earliest*.

IMO this is a clear sign that buying 1-2 week VIX calls and/or SPY/QQQ puts is the move. We could see unprecedented chaos and uncertainty next week unless it's an unlikely Biden blowout.

:lol: that the president of the USA is tweeting about elections with a disclaimer that says his tweet is misleading.

I’m in the red today, but not too bad and playing it safe over the next couple weeks.

Cacafuego
Jul 22, 2007

Foma posted:

AGNC Investment (AGNC) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.57 per share.

Shares up 1% this morning... after being down .7% yesterday.

People trash talk mREITs. AGNC seems to be doing pretty well, despite the pandemic.

Cacafuego
Jul 22, 2007

FistEnergy posted:

I think there's a very good chance the election isn't called until Thursday at the earliest. States aren't pre-counting mailed votes and I read that early votes have been estimated at like 75% Democrat.

The country is used to the election being called Tuesday evening or early Wednesday morning. I'm betting we to go bed on Tuesday with a Trump lead or 'too close to call' in a lot of the crucial states. Then Trump and Fox get to scream about shrinking leads or flipping states on Wednesday, and we possibly see state GOP or Supreme Court actions to stop the counts. That kind of national crisis and volatility would almost certainly tank the market.

This is about how I see it happening too, unfortunately.

Cacafuego
Jul 22, 2007

I had a CSP on HTZ $2 strike ending today. I got out a couple days ago for a small profit. Glad I did :lol::

What in the World Just Happened to Hertz Stock?

quote:

The New York Stock Exchange (NYSE), owned by Intercontinental Exchange (NYSE:ICE), announced that the staff of NYSE Regulation has suspended trading of Hertz Global Holdings (NYSE:HTZ). The NYSE will now file a delisting application with the Securities and Exchange Commission.....

Cacafuego
Jul 22, 2007

gay picnic defence posted:

Anyone here know of any rare earth metal penny stocks? The only one I’m familiar with is Lynas.

I have a little UUUU and have sold covered calls on them over the last couple months for enough to pay off the original buy in cost several times over.

Cacafuego
Jul 22, 2007

Ola posted:

Something very strange going on with futures. SP rocketing up almost 4%, NASDAQ made a similar move up then immediately reversed.

e: good vaccine news

Pfizer vaccine is ~90% effective. PFE is up 12% this morning.

Cacafuego
Jul 22, 2007

LibCrusher posted:

I’ve been staying in a shitload of Hilton and Marriott hotels all over the western US and I can say with some confidence that the hotels have a fair amount of occupants but an infuriatingly low level of service. Closed bars and restaurants, closed gyms, no housekeeping mid-stay, broken laundry, etc. they’re awful places to be right now compared to what they were before.

:same:. I’m having to buy water, breakfast and snacks now as the concierge lounges have all been closed, which cuts into my per diems. Certainly a first world problem, but it’s definitely changed.

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Cacafuego
Jul 22, 2007

It’ll be interesting to see how the possibility for temperature excursions and the need for such cold temps will affect it. Temperature excursions happen constantly even in -20 degree C freezers and 2-8 degree C refrigerators. Not necessarily due to bad freezers/refrigerators but people either constantly going in them or leaving them open, or breaking them to get in, etc etc. Or they get lost in shipping and spend an extra day in transit and all the dry ice melts.

Source: me, who works in vaccine trials and has to deal with temp excursions more frequently than I’d like.

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