/rgt/ - Robinhood General Thread

I genuinely want to know how you fucked up this hard twice

what price are you in at on NAKD?

Bump

where the fuck did you buy and why, did you actually average down hard?

2.60, looking to get out at 3.20

Lets see how it closes today. I am thinking the momentum is gone

>Started with 30k on two accounts, now only have 16k and 8k
Was this your first time trading? Did you at least have paper experience?

God hates me, Im cursed, I have lost atleast 15k trading for 6 months, no matter what I do, God stands ready to shaft me, suicide is a valid option for me.

Granted I have 100k in my bankaccount, but im a useless piece of shit. I earned my money through bitcoin, put all money on trump, put all money on patriots right before halftime.

I made all my money except bitcoin, from gambling, but Im getting enormously shafted from daytrading, I would had more money putting money on some shitty grampa ore stock than what im doing now. God hates me, life hates me, never had a real job, suicide is valid option.

FTR is bouncing up against its 52wk low. Might be a good rebound play.

I think we've already seen the pullback. I don't think it will close green today, but anyone looking to hold for a month or more should get it now.

Anyone who got in under 6.70 will have a comfy week.

Who here /OCRX/??? Been holding since Feb 16th. I'm one happy mother fucker today.

If you care this much about money than truly life has lost its meaning to you. Please kys user, you are wasting valuable resources.

Guys, did NAK bottom? Anyone with experience can give me a quick rundown on whats going on here? Daytrade action?

Combine both accounts and become a day trader so you can actually trade jnug and jdst like you're supposed to

I used to pick up cigarrettes on the street to smoke. Shoplifting my dinner, expensive oxenfilét

Money makes a greater life, i can travel now, and buy expensive tobacco, descaled shrimp, help me poor old mum with bills.

Money makes a person greater, I failed as a photographer, failed on many endevours, if I cant make money daytrading im useless.

Even with 100k in my account, i have never had a real job, my cursed existance just got carried by Trumps meme-magic. Im not a man until I'm able to make money on a weekly basis, gambling does not count.

Tech yourself algo trading and stop fucking smoking.

stop selling for a loss
just hold your bags like an 'investor'

good feels, but wishing I didnt sell out 5k in my other acct. id be up $2.5k

Just bought in. They have a new consulting agency to handle the environmental regulations. Seeking alpha just published a long position for around 3 months. Its a buy. Bototmed out

btw im holding until $5 :)
just wait for next data :)

Fuck yeah SPEX! She's a good buy under 1.15. I wonder why she got pumped today. There was no news.

AMD juts fell though support at 13.30, it might continue to dip or it could be prepping for some altitude.

I sold at 1.03, I'm now dumping into RGSE. Debt free for the first time in like 5 years with earnings coming up? To the moon lads.

Have you considered giving some money to an actual investment brokerage. There are people who do this for a living you know. Ive got ~40k in my trading account but ive got 50k with an investment firm.
Theyve givene slow and steady gains over past few years, with a few minor stumbles . They arent going to disappear half my wealth playing memestocks though!

Get on the fucking PIP train before it's too late.

Proven to ME that PIP is going up. I am the one who bagheld PIP. I got out in the 0.90s after holding 1k shares at 1.08.

What is the PIP news?

Merger coming up with ALT. Double the pipeline, double the cash, gonna be good company. More news at earnings after hours today...?

There is no PIP news its a pump by someone who has heavier bags.

Coming up merger with Altimmune.

Won't PIP be delisted? What happens to the shares?

Bagholding 10 shit stocks

Buy cvm it drops .01 immediately

Buy chk it drops .20 immediately

Buy jdst it drops .60 immediately

They are gonna do a reverse split after merger. The good kind that gets institutional investors on the radar not the "we are being delisted" panic play kind.

any new on the FDA hold?

bought some shares yesterday when I heard about this

so whats up with the declines? back when this was a dank and spicy meme, it was up over $1.30

trade biomemes w me son

we'll go to the moon together

about to buy 12,500 shares of PIP and put my faith in Kek's hands

Looks like AUPH just squeezed out the shorts.

CHK is a fucking racket, im right there with you

When something drops you should fucking sell it, especially if you bought the top.
And you absolutely should not ever baghold a leveraged ETF. If you do, you deserve every penny lost.

>Bagholding 10 shit stocks
>Bagholding shit stocks
>Bagholding stocks
>Bagholding

ISHYGDDT

SPEX blastoff happening when earnings come out next week

I'm guessing profit taking after the divvy. If you got in early your price was only .50 a share that morning.

Been holding SPEX for over a month looks like a great bet

SPEX:
Wow this might actually be a good buy.
Basically this company buys patents and stuff
"The Company is a patent commercialization company focused on generating revenues
from the monetization of intellectual property, or IP. Such monetization includes,
but is not limited to, acquiring IP from patent holders in order to maximize the value
of the patent holdings by conducting and managing a licensing campaign, or through the
settlement and litigation of patents. We intend to generate revenues and related cash
flows from the granting of intellectual property rights for the use of patented
technologies that we own, or that we manage for others. To date, we have generated
minimal revenues and no assurance can be provided that our business model will be
successful."
>Cash is only 303k right now, but up from last year
They never held much cash anyway
>15.5 million total assets
>7 million in marketable securities
>8 million in patents and shit
Basically their assets are very liquid.
>6.5 million in total liabilities
>NO DEBT
>Most of their liabilities are from services they got paid for but still have to do(confusing if you don't study finance)
>9 million stockholder equity
>9mil stockholder equity / 4.82 mil shares = $1.87 share just based on their assets & liabilities
>Their revenue seems to be growing exponentially
2013: 27k
2014: 10k
2015: 33k
2016Q1: 72k
2016Q2: 177k
2016Q3: 314k
They are still losing money, but closing the gap quickly.
From what I can tell, in 2015 they paid 37mil over the fair value for something...probably some intellectual property
>Administrative costs seem pretty low compared to everything else.
>Issued about 2 million shares of common stock in 2016(Before RS)
Not ideal

Other notes:

The Company continues to incur ongoing administrative and other expenses, including public company expenses, in excess of corresponding (non-financing related) revenue. While the Company continues to implement its business strategy, it intends to finance its activities through:

>managing current cash and cash equivalents on hand from the Company’s past equity offerings,
>seeking additional funds raised through the sale of additional securities in the future,
>seeking additional liquidity through credit facilities or other debt arrangements, and
>increasing revenue from its patent portfolios, license fees and new business ventures.

This company has may options. Even if revenues don't grow right away, it can stay afloat for a while

Good Points:
>Their value based on stockholder equity is greater than their current stock price (1.87 > 1.24)
>Revenue seems to be growing and growing exponentially
>EXTREMELY liquid. Almost all of their assets can be sold for cash.
>NO DEBT... They have room to take on more debt if necessary
>All signs point to this company being able to absorb hard times
>I personally think that their company is a good idea.
>expenses decreasing

Bad Points:
>Company still in the red suffering net losses
>Litigation risk from getting sued and stuff
>The company itself is holding broad base ETFS, so vulnerable to market fluctuations
>Have a small number of deals with companies so far

Overall I think this stock is a buy. I'm gonna buy some SPEX when market opens on Monday
I don't see that much of a downside risk to this stock, and don't see it going bankrupt anytime soon because it is so liquid.
I do see a fast growing revenue and alot of upside potential.
Hope that helped guys.

>Basically this company buys patents and stuff

is this another VHC...

Thinking about just forgetting all this headache and just putting all my money in dividend stocks. Hopefully in a few quarters I'd make back the money I lost in memes.

Is there any problem with using Robinhood just to park money and collect dividends?

why

wtf is going on with CVM it was going up all week?

its a pump and dump. they have nothing

the only problem is you wont be scratching your gambling addiction itch

all my money is gone

what have I done

Just refuelingfor moon mission right giys

CVM has been bouncing up and down for days now. You'll probably be ok there. iunno others.

This right here looks like a big money player maybe a hedge fund getting into the stock... A pump and dump would leave the stock back where it started. If you look at the fundamentals you'd see this company isn't a bad bet with alot of upside

Tell us what you did, user.

yes

So I definitely won't be buying SPEX
been coming to /rgt/ long enough now to learn how the memes work

Don't take my word for it. Look at the fundamentals for yourself and don't just listen to people on here. Most people on here are advertising for their PnD's

see ya below $1

ETRM is back in the $6.40's
This fucker is amazing, loading up for the inevitable $1/share profit

I wanna know too. Tell us which meme was your downfall.

Is SIG a good bet?

I missed the oil train today.

you're just gonna laugh at me

>they told me to buy Adidas
>I didnt listen
>ADDYY up 9% today

I wanted to buy yesterday (not even because of Veeky Forums); I thought I was going after a meme.

>mfw

when i feel sad about my losses I take some time off from trading, a week or two lets say.

I spend some of that time off analyzing my trades. Look at the charts, see where you entered, see where you exited. Take note of what you did wrong.
Why did I enter here?
Why did I try to call the bottom there?
Why did I panic sell this little dip?
Why did I hold this downtrending piece of shit?
Why did I gamble on that?

Only you can improve yourself user.
Don't be sad. Don't be afraid. Fear is the mindkiller.

I will continue to question every user here

SNAP looks like a good swing trade

im in the mood to be helpful so I'm going to repeat my personal rules here again for you all

1. Dont try to catch falling knives (you cant predict the bottom)
2. Dont chase 'meme rockets'
3. Dont add to your losing positions
4. Dont go balls deep into any one thing
5. Dont trade leveraged ETFs (like JNUG/JDST)
6. Dont enter trades blindly (do research, study the historical charts etc)
7. Dont gamble on earnings reports.
8. Dont PANIC
9. Dont forget to put a stop loss (real or just mental) and *commit to it*
10. Dont listen to Veeky Forums

If you know what you're doing with JNUG/JDST you can make alot of money

you're an awesome person and an asset to the board. thank you for posting

thanks ily2 bb

>Dont trade leveraged ETFs (like JNUG/JDST)

I've made $500 Shekels in the months of uncertainty from Trump's presidency, you're just mad because you didn't listen to me when I said the fed rate hikes are coming and you still went in like the good goy you are.

ty user I like you

ok

im just trying to help the people who arent as good as you hotshot

A lot of folks have lost fortunes trading JNUG/JDST here on this board

Rate my portfolio

im printing this fuckign thing out and taping it to my monior

I just bought 1000 shares of NAK... guess I bought at the wrong time. Down 4 cents since I bought it already. It's time to hang myself.

how much did you pay for your NAK?

Just paid 1.30 .....some one execute me. Please.

>A lot of folks have lost fortunes trading JNUG/JDST here on this board

Because they're gamblers, you don't trade on days with low volumes across the board you don't trade when you see the obvious pump and dumps from the DOW you don't trade when you know the dollar is getting stronger.

What you need to tell these faggots is to hold onto cash and realize that by doing so they're making money just holding to it because the price of everything is going down with the increase of the dollar.

Kek, that image.

nice rules. can I add 1 thing?

Always have cash available. Dont leave yourself empty handed when your favorite meme is taking off

Im still curious, how much was "everything"? Was it your life savings? Throwaway money you put in RH? A mixture of both? What did you lose it on?

We make mistakes user. Learning from them is the best way to not make it again.

If you fucked up in some crazy way, you can share the experience with us. Some might laugh, but its educational at least.

edit it however works for you

personally I dont have 'dont listen to Veeky Forums' written down on my rules sheet (which is literally taped down to my desk in front of my monitor btw)

instead of dont listen to biz I have "dont cut your swing trades short"

I just thought that the biz line would make a better meme for you all to enjoy

SPEX is a good stock, it's not a pump and dump, its actually a good company. I made money on it earlier this year. I have no position on it right now but it is a good company with an ok share structure. The company just isn't extremely attractive and may move slow at times.

>good company
>traded for $11,000/shr once
have fun with that

>People who only operate in one dimension and can't comprehend multiple factors

TASR had really low volume today at open

I think the dumpers are done dumping

It might be time to enter again lads

full disclosure I watch TASR every day and I am bagholding from $25