Eff it, I am making a small dice roll. Sold one share of AMZN and bought 30,000 of Alternate Systems, ALYI. Start-up electronic motorcycle company that is funding itself by selling crypto tokens. If there's not a more 2021 stonk than that. I don't know what is. STONKS! [Reply]
My AYR wellness is holding strong. near the all time high and only dipped like 15% a month ago when most of the others went down 50%. They are buying up regional growers/sellers. with two more set to close (Ohio and Pennsylvania I think) by middle of 2021.
I almost paper-handed GME today. I had a stop loss set and everything. Canceled it right before it would have hit then it started to recover and ended the day on an upward trend. [Reply]
Originally Posted by MTG#10:
I almost paper-handed GME today. I had a stop loss set and everything. Canceled it right before it would have hit then it started to recover and ended the day on an upward trend.
Originally Posted by TinyEvel:
Eff it, I am making a small dice roll. Sold one share of AMZN and bought 30,000 of Alternate Systems, ALYI. Start-up electronic motorcycle company that is funding itself by selling crypto tokens. If there's not a more 2021 stonk than that. I don't know what is. STONKS!
Good choice. I'm in ALYI. Have been since it was .01 in December. I've averaged up since then, it am currently sitting with 111,000 shares. They have a lot of good things going and will be delivering bikes in June. My price target is at least $1. [Reply]
My next play is UWMC. Get on now if you want to make fat stacks. I didn't write this DD but did research the company and verify the claims for about 3 hours this afternoon, all checks out.
Originally Posted by :
-Largest wholesale mortgage lender in America.
-Going to be included in the Russell 1000 & 3000 as early as 3/21.
-They use and own their own proprietary software and system. They're the quickest at approving and closing loans in the market and hold this as a key competitive differentiator over their competitors.
-They've grown 545% this year alone with earnings forecasted to grow 4.83% per year. Market Cap: 13.4B.
-They're heavily undervalued. Currently around $8.50/share; the fair value analysis is between $19.34 - $40.00.
-Total outstanding shares is 1.61 Billion. Only 90.23 Million give or take is publicly traded. The remainder is institutionally owned. In short, only a fraction of the shares of the company are available for trading, that being 90.23 million.
-Short interest is very high. Over the last 2 weeks, the short interest volume % has been between 28% - 31%. The latest short interest information from general market analysis companies are dated as of 02/26/2021, the most recent information for March isn't available yet. Short borrow rate fee is at 8.43% give or take. Don't forget this stock had a dividend payout on 03/09/2021 which is high at 4.82% (The shorts must cover that as well), so the potential for a short squeeze or gamma squeeze is very plausible.
-Major market analyst rate $UWMC as a buy. UWMC insiders have bought more shares then sold in the past 3 months.
This is both a good short-term and long-term play. You can invest in this company for the possible short squeeze/gamma squeeze or for the long-term growth and for it to reach it's actual fair value, which, if you buy in now you should be in for a nice ride. Plus, it has a dividend of 4.82%, or $0.10 per share quarterly if you care about that sort of thing.
On top of all this UWM recently announced an ultimatum barring broker shops from working with Rocket and Fairway. 10k agreed, only 400 did not.
I moved my ZOM trailing stop yesterday from 5 to 10%. Mainly so it wouldn't take me out too quick so today it drops 10% and takes me out. This evening after I got home and noticed the Nasdaq has a flash sell I said **** it and sold EVERYTHING except AMC. About 40 stocks I dumped. Tesla included. I had about 40 total stonks I was trying to keep up with and I felt out of touch with too much of my portfolio.
Now I'll have a shit load of dry powder settled for Fridays witching day. [Reply]
Originally Posted by Hog's Gone Fishin:
I moved my ZOM trailing stop yesterday from 5 to 10%. Mainly so it wouldn't take me out too quick so today it drops 10% and takes me out. This evening after I got home and noticed the Nasdaq has a flash sell I said **** it and sold EVERYTHING except AMC. About 40 stocks I dumped. Tesla included. I had about 40 total stonks I was trying to keep up with and I felt out of touch with too much of my portfolio.
Now I'll have a shit load of dry powder settled for Fridays witching day.
I've been slowly liquidating for the past few weeks as soon as something becomes even slightly profitable. I'm tired of trying to keep up with 15+ stocks, once I get down to 5 or less I'm going to keep it that way. Just in the last three days I've gotten out of DNN, BB, and EBON. I may dump ABML tomorrow for a small loss, I'm tired of waiting for it to do something. [Reply]
