/biz/ - Business & Finance

comfy, but too lewd.
put a sweater on

Hail AMRN

Last two breads were good.. Happy MTNB is in my bag now, if it retraces on Monday I'll grab a huge bag.

Why hasn't MCD gone back to 200 yet

Calls/puts for next week please.

Thank you for AMRN and DIS.

How do trailing stops work on Robinhood?

If I set "10%" the value isn't what I'd expect it to be (10% less than my current equity in the stock). So I assume I'm misunderstanding?

Now in a bit of serious talk. Don't blow your AMRN wad's on stupid shit. Pay off your debts, put some back in the bank and reinvest some of it. (And don't tell anyone you got a fat wad either, people will be asking you for a loan in no time flat). I made that mistake in my 20's/early 30's, not really giving a shit about my cash so I blew a lot on dumb shit. I ended up alright but still.

>>16270042
May grab April SNSS calls if premiums go down next week.

How dumb would it be to do options trading with only $100? Or is that even possible?

Free money trick:

Sell AAPL puts

>AMRN
AMRN news from muh Schwab feed
>AMRN

BUZZ-Street View: Amarin could make billions on new approval, despite label wording
8:28 AM ET, 11/15/2019 - Reuters
** An FDA advisory panel voted unanimously to grant drugmaker approval to extend the label of its heart drug Vascepa as an add-on therapy for patients at high risk of heart attacks and strokes

** However, FDA's expert panel was split 50-50 on whether the drug label should also be extended to patients who have not previously had a cardiovascular disease or stroke; FDA expected to settle debate before Dec 28 deadline

LABEL DEBATE DOESN'T REALLY MATTER

** Jefferies ("buy", PT: $30) in a note titled "approval coming ... label debate doesn't really matter" says it would still not be surprised if stock was volatile on questions related to its label

>$30? Shit I wish I'd bought premarket... or held those shares I bought and flipped in my IRA

** Brokerage adds that FDA may choose to cover only high-risk patients with history of the disease, and leave it up to doctors to decide whether they should also use it for patients with no history of the disease

** Citigroup also believes that physicians will use Vascepa in very high risk patients regardless of the wording of the label

** Stifel ("buy") notes that even excluding patients with no established cardiovascular event, Vascepa's broader label can reach 10-15 mln patients and generate ~$3 bln for AMRN (Reporting by Ruhi Soni)

>In other news, I'm a stupid fuck.

>>16270056
I wish I had AMRN wads. If I had kept all my AMRN I would have made a couple thousand from this already but I sold most of mine a while back.

This week sucked.

GALT Virgin VS AMRN Chad

>>16270192
Just wait for the Holy Buyout. 30 now = 60 then. Also if there's a bidding war, well expect that to climb a bit.

>>16270232
there will be a pullback at some point

>>16270177

But what if I used Robinhood to sell AAPL puts at 50x leverage

>>16270299
Hope so. I have some calls....wanna get more.

What's up with this MRK resistance at 85? Those lines look like they're getting too close, am I in for one of those bad cross things?

Still working on what chart software I like, excuse ugly chart.

>>16270274
>Just wait
yeah, I'm holding my 16 shares, I just wish I had more.
bullish.

Puts for nextweek
SPY
AMD
VIX

AMRN

>Roth Capital Partners analyst Yasmeen Rahimi, who expects Vascepa to be a game
changer in the cardiovascular market, sees it capturing about 12.1% of the market over the next decade, resulting in peak sales of
$3.2 billion by 2030.

>>16270304
So long as it's in line with your personal risk tolerance

>>16270367
Maybe this one made by MarketEdge?

>>16270177
Hmmm should I go to my PRT level of 1,000,000x or will it rebound and set Apple on a downward spiral to permanent closure in less than a week which would be pretty cool.

You can still get in on AMRN. Buyout is coming and they also have a study that is being released premarket on monday.

Go long on MTNB, Baker Bros (successful biotech stock traders) just bought some shares of them. They are only $1. FCEL could also see some action if you go long.

>>16270394
Lmao why don’t I just buy cheap ass over the counter fish oil? Buying prescription fish oil is like buying fucking weed pills to get high.

Hey (you), you're alright kid. Keep trying.

>>16270512
I tried those weed pills actually. Very convenient, slept like a baby.

Also, because they're regulated, so they won't contain mercury, and they're altered so they'll have more of the desirable effects. Much better quality control. And for doctors, they'd much rather just say "fill this at the pharmacy, it's covered by your insurance" then "go buy this brand at costco, or this one at amazon, these are the best. PLEASE, it's for your health"

Hell, I get the Flonase from my pharmacy by prescription just because of simplicity and convenience.

>>16270159
With 100$ the only chance to make it is option trading but since you're asking pls don't.
Just go all in really volatile stocks with narrow range and hope for the best.

I'll tell you exactly what I'll do with my AMRN windfall (48,000). 26,000 - bank, 6000 in general savings, 20,000 in a high yield account. I'll have over a year's salary banked ready to go if some bad shit happens. (27k a year now). 5000 - more T-babies, 17,000 added to my VFIFX fund.

Kek powell lubing you up with "2 more years of bull" before he slams the red dildo of hell into your ass. 1.1% estimate revision kekeke they couldn't cut fast enough

>>16270548
>pls don't
I wouldn't do anything until I actually feel confident I won't just be burning money. I'll try some paper trading for a month or two before I actually try doing anything for real.

>>16270232
I made nearly 2k from in just today kek

>>16270570
These revisions sound more like they hid the true number initially and slowly build up to the true number in effect frog in cold water to boiling water.

>>16270570
this looks familiar...
And this was when he was raising rates, wew

>>16270570
the federal reserve doesn't determine what the gdp growth will be... they just try to do their best with the data they have

>>16270159
I started with $100. Learn as you go.

>>16270553
A windfall like AMRN doesn't come along everyday. Kinda like bagging Amazon in the late 90's. So it's to my benefit to be smart with this pile of cash I'm about to receive.

>>16270615
No shit dude. Save your money and go gambling, Jesus.

>>16270642
I'm really happy for you, really.

>>16270619
Good for you, bud. You give us all hope

>>16270553
Im in for 30k rn so if we get double and 60k and especially if it ends up being early Jan it's all going into divy stocks. T, ABBV and MO

>>16270681
Ah thanks but this is my fuck around money/project. But I'm learning a lot. It's making me a better overall investor. Lurk here in /smg/ it's the sole bright spot on this board.

>>16270553

Where is it expected to end up at? I've seen $50 as a conservative measure. I kinda want that $100+ buyout but in not counting on it. Even if it only hits $50 I'll end up with 180k not including my $20 options which I'll probably sell in December since they expire in January.

>>16269981
Been cashing out of my positions since last Tuesday. Who is ready for a massive correction before the end of the year a la December of 2018?

PTON baby

>>16270702
This board is unironically filled with golden nuggets of information. /smg/ is probably the best place to mine from. What have your positions been?

>>16270610
They probably thought there was something they could do to grease retail and production. Production is full on recession territory now and while the media is larping about how good the numbers are it was actually almost a full on 1% slowdown in retail growth month over month. Schiff is a retard but he's completely right the rug is getting pulled out from everyone.

>>16270690
I’m fighting so hard against the urge to fomo in and 2x my shares...

Ok after hours is closed. The hype has to wear off before December, right?

>>16270749
Well the stock hit 24 today. There's more good news coming in Dec so the stock will get another boost then. 30 per is not outta the question. Then of course the Holy Buyout would double that. The only wrinkle is if a bidding war happens. That 60 could get pushed up even more, say 62 or 65.

holy shit AMRN is booming. apparently the new drug could outdo lipitor and humira in sales

>>16269981
IM GETTING FUCKING RICH AAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>16270829
Don't FOMO. Buy in only if there is a correction that creates a good opportunity. Sit on your hands in the mean time.

Anyone know where dis will hit supp my technicals are weak

>>16270913
Speak English and I may be able to help.

>>16270897
I got spooked this morning... fucking hate myself for it.

Bought 75 shares in my IRA then sold them for a measly $20 profit.

What's up with all these advertisements for online brokers now? Am I only noticing more because I started investing a few months ago, or are the jews trying to flood the market with normie dollars before crashing the market and starting the boogaloo?

Can vegans take fish oil pills?

>>16270940
You know that thing where you learn a new word and then suddenly you start noticing it everywhere when you swear it was never there previously?

It‘s not that. Jews really are trying to flood the market for normie dumping.

>>16270968
Kek

>>16270786
But we had the government shutdown last year. Is there any reason to believe it will happen this year?

>>16270968
t. Rock collector

>>16270535
How many man-sized dongs did you suck this week?

>>16270829
My FOMO right now is I could put another 60k into it.. That'd be 180k at a 50 per share buyout.. which seems like a sure thing if not higher..

Should I do it smg?

>>16270920
Been there man, knew this year was going to be fucky. I'll shill you the strategy I used. Same one I will use in 2020, tweaked of course. It goes as follows:

50% SPHD (Invesco S&P 500 High Dividend Low Volatility ETF)
20% Buy and Hold large-cap tech (Facebook and Microsoft)
10% Buy and Hold banks (Santander, Lloyd's, BofA, and SoftBank)
10% Swing trade Argentine and Brazilian banks (Banco do Brasil trades were like abusing a video game glitch)
5% swing trade whatever /smg/ shills
5% cash

Up 16% on the year. SoftBank and BofA let me down. Won and lost quite a bit. The knowledge amassed has been more valuable than anything gained or lost in my opinon.

>>16270948
>He took vegan pill
No. You can obtain omega-3's through flaxseed oil and may plant derived oils

>>16270968
Your post will be mocked or completely ignored. What others fail to realize is that this is a game of "pass the bag and let the next fool hold it". Always has been and always will be. 2020 will be a great opportunity to make money at the expend of normies.

It's not intelligent or rational but I'm so pissed off about how badly I've fucked myself up and I'm actually angry that it's the weekend and I can't stare at the numbers more and will them to go up.

What's a good put for AMD? And the reason?

know whats funny?

im better than everyone here in every way

>>16271009
This is the logic of normies and what I believe caused the sell off last year:
>Winter/Holiday season
>"I NEED to spend money. I'll use my savings and the difference will be made up via credit"
>Bill time
>"Shit. I have to pay back creditors and replenish my savings. Screw it, let me tap into my equities"
>Massive sell-off occurs

Credit is king in America and soon all over the world. Study human psychology and the madness of crowds and I guarantee that you will die a very wealthy man. Here is a great Charlie Munger talk that is relevant and absolutely worth your time https://www.youtube.com/watch?v=nVdlmXCNjG4

>>16271382
Based. Let me guess. You went all in on Chain Link?

>>16270035
Because it takes a fuck load of money to move a stonk that big. Give it time.

>>16271285
You win some and you lose some. Don't invest what you can't afford to lose. Etc.

There are plenty of gains to be made in the future. Cheer up, man.

>>16271477
Thanks anon. I just gotta find some way to cool off this weekend so I can trade with an even head again.

Can anyone explain to me how short effect shit?
Like I understand it all, but at the same time I don’t understand how a group of people can just pile on shorts and it “force” the stock to drop in price. Why do people ifnore those niggers?

>>16271534
It's called walking a stock down. Essentially the same thing as a pump n' dump but in reverse. You are selling shares to enter a short position. If a significant percentage of the stock's volume is short it will cause the stock to drop rapidly. Now, in order to close their positions they must buy the same quantity of shares at some point. If the stock is beat up enough by short sellers, the buyers will start to capitulate. This is why you see weed stocks spike up 10-20% in a day then give it all back. Shorts covered, price spikes, people who bought in below that price take profit, few people hold. You need a lot of people holding to maintain a steady rising trend. No trend reversal if everybody is immediately jumping out of the pool on brief upticks.

>>16271534
However, there is such a thing as a short squeeze. This normally occurs on unexpected good news from the company sufficient to interest a lot of buyers. If conditions are right it forces shorts to cover immediately at the opening bell on an already large gap up, you get big gains like 25% or more in a day and potential bullish trend continuation as market now views the company as much more valuable in light of the material news.

>>16271534
I think I understand what you are trying to ask. Bear with me here:

Market makers and movers will size up on a short for X reason. If others see this short volume mounting, they will panic and sell off or set up short positions themselves (this will create a self-fulfilling prophecy of sorts and make the price go down). If, however, the short sellers were wrong fundamentally and the stock goes up after a good quarter or other good news, the price of the stock will climb due to both (1) the good news and/or a successful quarter and (2) short-sellers being "squeezed" out of their position and being forced to sell if they can't handle the pressure.

Pic related is a prime example of this. The dip you see was created by short sellers mounting their shorts and the enormous spike was them being squeezed plus good news. Google "VW short squeeze 2008". It a good case study that will clarify things more.

Consider: AMRN's good news push into 2020. Lots of Publicity now. FDA green light eoy. People will be packing into the Doc's office starting Jan 1 to get the drug. Watch as the Profit (and the stock price) climb!

>>16271615
>>16271660

I wish I had the eloquence you had when trying to simplify a concept. I gotta work on this. Cheers man.

>>16271180
>Investing in banks
I see you want to lose money.

>>16271786
Thanks but your post was really helpful too. The VW short squeeze is the stuff of legends.

Im an lolcow
I have an ED and kiwiwfarms and getting attacked daily
How does a sex offender become a millionare?
I can't show my face anywhere. I'm thinking about starting a cult

>>16271827
Sir, this is the Stock Market general

>>16271660
short squeezes are funny

look up Volkswagen in oct 2008 where people were short 12% of the stock but only 6% of the stock was tradable. you gotta look at the float sometimes. a lot of very smart and very well paid people didnt

https://money.cnn.com/quote/forecast/forecast.html?symb=SNSS
BUY SNSS

>>16271180
The opportunities and upside just seemed to good to pass up, man.
>/degenerate gambler general/

I'll have you know that I made some coin in October when I took heed of your advice and bought some SNSS.

>>16271927
meant for you SNSS anon
>>16271791

>>16271904
God damn right
>>16271940
I'm glad you made money. There is more to be made soon

>>16271615
I forgot to mention a particularly nasty short tactic. Sometimes a deliberate organized short attack will include a yellow biz media fud article written by an outlet with a decently large audience, Citron Research for example. This article will be a lengthy piece with all sorts of photos and charts all tuned to criticizing a company. It will contain half truths and outright lies. The author will attempt to present himself as a virtuous investigative journalist trying to protect the poor vulnerable longs from losing money. Article will include a price target of -90% or equivalent fantasy fud number. Then the kicker on the bottom: it will read "I/We are short (the company in question)".

>>16271218
Flaxseed has 40x the xenoestrogens as soi.
This next batch of super soiboys will crush the earth flat below their man tiddies.

>>16272059
Aw fuck, really? I've been eating flax on my diet. Dammit.

>>16272016
When will there be another buy opportunity you think? I don't want to catch a falling knife.

>>16272059
I'll be switching back to fish or krill oil capsules. I'd rather die of heavy metal poisoning that grow tits. Those "go green, go healthy, improve the planet while you improve your health" nuts always seem to have an agenda of their own to push or a cult leader fantasy to fulfill. I should have known better and done my DD. Thanks anon.

>>16272181
Dude buy it now, it's absurdly low!

>>16272191
Based

Amazon guys, buy it!

>>16270553
>AMRN
why did that company go up 700% in 2018?

>>16272139
Phytoestrogens are bullshit. Get those lignans for your prostate.

is KO going back down?

>>16272212
Tell me a good call for AMZN

>>16272310
Hope not.

Anyone here trade /ES futures? I've been trading SPY and QQQ options (somewhat unsuccessfully) and want to get into the futures market. What am I getting myself into?

>>16270918
Does anyone know at what price DIS(Disney) hit support, forgive me for my technical analysis skills are lacking.

See my thread here:

>16271774

>>16272435
Homelessness, mostly.

>>16272558
>>16271774

Fuck I’m ready for Monday morning already bros. Who else knows this empty feeling

>>16272181
Supplement with iodine if you're actually worried about mercury.

>>16272371
t-too big to fail

https://www.youtube.com/watch?v=tCUuvyVwbJs
https://www.youtube.com/watch?v=cp1Aq4h3sXA
https://www.youtube.com/watch?v=EYPs-ya_GDA

>>16272596
I know this feel, getting a weekend job for this reason alone.

>>16272569
Lots of accountants and appraisers. It’ll be great as a job creation program once every investor panics, the stock market crashes, and we plunge headlong into a recession (lol jk)

I’m not sure how much of what she says she actually thinks will get done. I’m starting to think she’s actually helping us by steering the conversation in that direction, because this the USA and we’re never going to go full commie, but we do need to get away from robber-baron style accumulation of wealth to just Bezos, Dimon, and the other 20 or so guys who literally own us.

We’re not going to be a country of economic Marxism. It’s just not in our nature.

>>16272596
>>16272646
>tfw no family

>>16272540
Your english skills are lacking as well.

No one knows whether a price will go up or down. Just probability and intuition. You must look at a chart with a thousand eyes.

https://www.tradingview.com/x/o3WTQ6KT/
Here's some TA showing price levels on the five minute.

https://www.tradingview.com/x/Xj3QSclr/
Other than that, the daily is showing some potential short term support on the 100 and 200 Moving Averages, and beneath those some minor trendline support.

I'm not giving you advice on how to trade this stock, just showing how one could use Technical Analysis when looking at a chart.

>>16272212
Phase 3 testing results came out for AMRN in 2018 and it revealed that they have one hell of a drug on their hands. They'll be printing money in no time

$40.00 monday

Any of you guys got any other bio lotto tickets, I am in CRMD and DRRX.

Y’all bunch of gamble’n addicts.

>>16272997
Gambling addiction is only bad when you lose

>>16272997
At least my addiction makes me money and doesn’t scab me up or turn me into a track mark covered pile of flesh with no bones sinking into the porous ground

>>16271421
Takeaways from what I’ve heard so far:
>read Cialdini’s book
>learn how to play bridge

>>16272997
oof, almost trips

>>16272997
True. And I was, for several years. Actual gambler playing actual gambler's games like poker. Then I switched to this bullshit here. Now, in poker and also now in stock trading I like to dig in to statistical probability on any given strategy. Unfortunately I'm extremely stubborn and refuse to believe the numbers until real world results show me, in dollar amounts, real dollar amounts not simulated dollar amounts, why probability is important.

To that end I am nearly convinced that, as a swing trader, I would be best served by simply going long and occasionally short on the S&P with leverage instead of picking individual stocks. The last niggling bit of trepidation I have about that is the gambler's mindset. If I exclusively trade the S&P with leverage, I drop my chances of catching a flier that goes 100%+ in a short time period down to zero. However, if I trade my strategy as is on individual stocks, let's say 5-10 positions at any given time, I will underperform the market unless/until I catch one of those rocket rides. By underperform I don't mean losing money on average, I just mean gaining less than the market does. I cannot predict what will and will not be a break out runner as I'd be rich and retired real fast if I could. So I underperform the market waiting until the biggie hits. If biggie is big enough, I can make my whole year in less than a month.

So! I am coming around to changing the structure of my portfolio to something like 80% 2x S&P swings, 20% for fishing expeditions on 1-3 positions at any given time. However, since I do have to deal with trade fees (non-US resident), it might actually work out better if I did 90% S&P 10% fishing.

I have about 100 MET shares I forgot about. How do I turn this into more money? The fuck is this computershare bullshit? How the fuck do I dump these and buy something else.

Finally it is friday. We can take our minds off the stock market and just live our lives

>>16273307
Why would I want to do that?

>>16273307
Thas a Hard nah phrum me dawg. I’m thinking more about stocks now till Monday. Opening my mind to all the stocks, then calm it down before market open and real it back in for a close watch on mah few hand picked golden boys.

And (((they))) think I’m out here gambling hahahaha

>>16270056
I didn't get nearly enough calls on AMRN on Tuesday because of lack of funds available for options, and that loot still hasn't cleared...but I did what I could and snagged a handful of january calls for 31, 32, and 35...am I gonna make it still?

What a week to schedule a transfer of my big Robinhood pile to Ameritrade...coulda had a hundred dec and jan 25-30s on Monday...

>>16273307
Yes boy.
Let's all rush out and buy brand new Nintendo Switch Pokemon Sword and Shield bundles!

Gotta catch em all! And buy em all too ofc!

>>16273307
NO I WANNA TRADE LET'S GO

... maybe I should be trading forex.

>>16272767
ah, that explains it. damn.
do you happen to know what the drug is for?

>>16272642
actually after watching https://youtu.be/M_541iNbAV4 i kinda wanna buy more shares myself... it'll probably be a while before they skyrocket though, amazon has a habit of reinvesting in itself a lot

How does this strategy look?
I've been into stonks for a little while now, I managed not to do anything stupid as a newbie, understood the basics fast enough and I've settled into going long on a couple of stonks that I deem fundamentally sound and feel comfortable with parking my cash there for a while. I'll be adding more cash to my portfolio in the next couple of months, probably 20-30% more. I was thinking of leaving 80% long on stonks and set 20% for swing trading. The few times I've tried it (with low amounts of money) I was lucky enough to close positions with 1-5% profit in a matter of days, mostly by closely following stocks on volatile markets (asian, south american) that seem to be very much affected by news about their countries, thus allowing to be somewhat accurate with timing their dumps and pumps in the short term.

Does this idea sound retarded or sound enough? I'd use profits from said swing trades to add to long term investments eventually.

I made 20k investing my interest free student loan. Sometimes being a eurofag feels good.

Is anyone here a full-time prop trader?

I have 30k in AMRN already and I'm putting in another 90k. Anyone gonna talk me down from this ledge? From everythingI can tell and even all the big sites are saying it will go to 50 minimum in the next couple of months

>>16274803
Talk you down? I'm too envious of the opportunity you are providing yourself to do anything other than sharpen a knife jealously.

>>16274944
Yeah... Ive thought it through more... and the worst case scenario would be that the value of the stock halves.. so I lose 60k... and after thinking about it I am willing to take that on as a risk in order for the potential best case scenario which is the value of the stock doubles or more.. From losing 60k it's all just lesser degrees of losing .. say losing 30k or 20k.. or if the value of the stock stays the same after January.. But I think that the most likely scenario is that the drug gets approved for expanded use on the 28th and a pharma company picks it up in January

I just got really scared thinking about putting all that money into what is more or less technically a gamble but once I thought of the potential risk, I'm okay with that risk

>>16274944
>>16275099
Also, checked

And even if it doesnt get the expanded use the odds are still extremely igh that a pharma will pic it up in January ahead of the JP Morgan investors conference

Can someone provide a plain language guide to options trading? Every walk through I've watched or read has been complicated still. Let's use an example, an a likely first time contract I'll be doing in the next week:

>ticker ACB
>loss of 18% in one day
>stock plummeted from start of year
>likely to continue as 2019 year ends

So I want to do a strike price of 4.00 since it's currently in the 3s since I am doing a put call, because I know it's likely that it will be lower than the strike price, which means I get a premium payout of something like .50-70 cents likely. So I buy to open > strike price 4 > contract expires Dec. 20 > put > and contract cost at .80 cents. Does all this makes sense in terms of actually doing the transaction?

Remember: AMRN now has 70% odds of getting Greenlit on Dec 28th. Then you have the 16:0 vote in favor of AMRN plus the overwhelming data/testimony given by people during that meeting in favor of it. Trust me, the 28th will be nothing but a "rubber stamp" deal. All the hard questions were asked/dealt with during that meeting.

Depending on just how well AMRN pays off for me, if I get 1k more than expected I'm gonna put it all on that other little bio company,MTNB, 1000 shares @ $1 each. Even if that stock hits only $5 hell that's $5000 for me.

Alright, ive read OP posts, sick of seeing crypto so its time for stonks. If you have a second, what do you wish you had known when first starting?

i dunno why but biz floods with kids during weekends it's absolutely horrible reddit fest

>>16276082
All of your posts are hedging your bets on AMRN. Looking it up, it looks like on friday, after whatever drug was approved, it shot up in price. How did you know to purchase shares before the jump in price? How do you predict these large spikes in value and why would you hold onto the stocks after that jump, knowing that the risk of it falling down is 30%?


On a different note, I was given about 100 shares of MET, and it's trapped in a stupid broker that charges for transactions and only has major companies on it's list of investing. What the fuck is up with that?

>>16276206
That I started doing this when I was 20 instead of 35. Amazon was still under $40 then.

>>16276251
no school

>>16276255
It's only going to have gone up after Dec 28th

>>16276272
Or work

>>16276255
I bought mine way before all this came out cause I trusted the data/science/big time fat cat investment groups that were involved. In Dec there is more good news coming out so if anything expect the price to climb higher. There is no going back after Dec. Sure maybe a dip, but nothing drastic. To much publicity out about AMRN, to much profit at stake. In Jan after they get green lit watch as people storm doctor's offices trying to get the drug which only drives up the Profit ( and stock price). Then when the Holy Buyout comes watch as that price shoots up even more.

>>16276323
The buyout might happen in January fren

https://www.nasdaq.com/articles/amarins-stock-could-reach-%2450-per-share-soon-2019-11-13

"When would a buyout most likely occur? Big pharma has a tendency to announce needle-moving business development moves early in the year -- frequently in January around the time of the J.P. Morgan Healthcare Conference. The reason is that these early-year announcements help to set the stage for investors' expectations for the full year. "

>>16276323
It would not surprise me in the least if right now and before Dec 28th serious Buyout talks will be happening all hush hush like. Then once Dec 28th comes and goes, a big announcement happens letting the world know the details.

Going by the deal with Lipotor and PFE in 2000 those dudes got PFE stock instead of cash. Which works out in your favor as I'll explain. I've got 800 AMRN shares. Assuming 60 per share with PFE stock at 35 per I'd get 1.71 PFE share for each AMRN one. So 1368 PFE total. Each pays out a Divvy. 0.35 x 4. $478.0 x 4 a year in Divvy income. So you could take your new PFE stock, let drip work for a year and end up with 54.7 new PFE shares (or an extra $1915). Now you can sell your original PFE stock, 1368 shares($48,000) and still keep a nice PFE position with those 54 PFE you got via Drip

>>16276485
Dream scenario would be if ABBV bought them. ABBVs divy is like 5%

Are all options trading at 1:100?

>>16276082
My only concern was that study they did back was half-assed it had like only 28 patients and was like for a year compared to how long and large amarin's study was.

>>16276272
how didnt he figure that out?

AMRN January calls have some crazy volume.

>>16276743
He didn't put half a second of thought into it. Just noticed the trend

Now here's something totally nuts, back in the early days of AMRN the stock price was over 1000 per. Let that sink in. The math is easy, 800x 1000 = 800,000.00

How much can I expect to make from this if the stock hits 50 in December?

the only meme I didn't fall for went up like crazy

>>16276905
The flip side to listening to the memes would be bag holding DF

>>16276899
I have $28 calls expiring on the same date. I hope they do as good as what you have now.

>>16276987
>other countries can produce milk just fine
>more and more lactose intolerant immigrants to US
>people falling for almondmilk/basedmilk meme
>ongoing trade war

Nobody should have ever thought DF was a good idea

>>16277008
>he didn't buy at 0.098
under 10c is the magic free money buy zone

I already put a purchase order in for when the markets open on AMRN but Im wondering now if I should wait and see if it dips... which it may never do below 24cents.. it's up in after hrs now too

Markets closed till Monday wtf go home retards

>>16277051
No wtf, this is prime time to get shilled on moves for monday

>>16277051
I'm at my home right now lying in my comfy bed like a lazy bastard.
And my fridge is full of all kinds of food.
Checking out recent France/HK protest videos, might play viddy games later I dunno
:3

Fuck man I hope we get good talks on the summit between Trump and Chyna. I left such a big position in on the NQ over the weekend and I don't want to see the position halved on Sunday night, PLEASE TRUMP! DO IT FOR ME! PUMP IT!

>>16276849
The stock did a 10:1 reverse split in like 1998 I think, which is why the all time graph is all fucked

>>16276987
I mean it’s milk vs biotech. It’s an ez pick really lol

>>16270619
Kek I love when portfolios exemplify Dunning Kruger effect.

how many shares of AMRN do I need for lamboland?

But in all honestly those of us in AMRN are almost at the finish line. Hell Buyout or no buyout it don't much mater after Dec 28th. Cause either way we're gonna see the Profit and the Stock price rise like crazy. As I've said before; People are gonna be storming the doctors offices like mad starting in Jan trying to get it. Which you know may be a good thing; year moves ahead, stock price is steady rising, then the Holy Buyout. Instead of 60 per now you get 80 per (40 x 2). Lipotor went at it a year on its own before PFE bought them.

Is Live Traders any good?

>>16277008
I don’t think Mexicans have a problem with milk. I think we have them to thank for cotija which I quite like.

>>16276485
>>16276507
Divvies are great but I’d prefer a high quality pharma company with a nice moat and solid pipeline to one with a higher yield.

ABBV has less moat, less pipeline, more uncertainty, that’s why it’s yield was allowed to get so high. They’ll need more than vascepta to compete with the big boys once humira falls off thebpatent cliff.

I’d want shares in a company I feel comfortable owning for 1 year + 1 day.

SPWR Anon.

https://www.nasdaq.com/articles/what-you-need-to-know-about-sunpowers-breakup-2019-11-16

>>16277553
>Evaporate results out Monday pre market
Shit I should’ve FOMOed in after hours...

>>16277305
Hell we may get 80 per in Jan anyway if there's a bidding war. The stock is almost 30 now, may hit 30 after the dec good news. Only ten dollars away from 40.

How does one break into ocean farming kelp and muscles? Like how do I secure an area at sea to actually place the farm, can anyone just block off an area and operate in it at sea or do I pay for the area/pay rent?

>>16277616
this is the stock market general

>>16277612
80 per is not to far out there. Lipotor got bought for 90 per

>>16277648
You’d have to compare the amount of shares, including the amount of original amarin shares since AMRN is an ADR

>>16277616
>How can I legally destroy coastal waters?
Sir, this is the Stock Market general. Contact your state's Department of Natural Resources.

What's a reasonable goal for weekly growth?

>>16277662
kelp and muscles actually clean the ocean

>>16277686
Muscles live in your body. Mussels live in the ocean.

>>16277673
one (1) US dollar (inflation-adjusted)
and
one (1) new skill

>>16277686
what kind of muscles are your favorite?

I'm thinking of selling a call through a spread this week, what stock should I do it on?

anyone buying options related to AMRN?

im thinking about AMRN 17th Jan 2020 $24.00 5-10 Call options. thoughts? Price should be at least $30 at that point. also downsizes risk. should bag $5k or more

>UBER

https://www.fnlondon.com/articles/saudi-arabia-has-lost-over-1bn-on-its-uber-investment-20191024

>>16277539
>Tells their subscribers they COULD be making 5 or even 6 figures with them
>Offers this amount of returns for $200/month
Seems completely legit.

In all seriousness though. The faster people realize these "online trading schools" are a scam to make money, the better. There's no fast track to become a successful trader, just pick up a few books and learn the fundamentals of trading and in time you will be doing profitable trades consistently.

>>16277746
Reeeee stop ruining SoftBank it’s berry imbordand to Japan’s economy

Heh, during the morning grocery run I made sure to support KDP and KHC via buying their products. You know since I'm a shareholder and whatnot.

>>16277909
Dedication. Every thing helps. If you become a million billion philanthropist could charity huge buys from companies out of your investments, helping your investment while being a tax write off at the same time. 2 birds with 1 stone

>>16277673

0.1% - 0.15%

>>16277686

I've seen that video too, nature is fucking rad

https://www.youtube.com/watch?v=iOc0AuHAtDM

>DJI hit 28k

what does this mean?

So basically AMRN is a cash cow we need to jump on before the 28th

Always remember; be smart with your new found Profit. You never know if you'll get this lucky again. Hell the only time I've ever gotten a large wad in one go before was during Tax time. (That reminds me; I can kick the Tax shit from AMRN to 2021 if this happens in Jan 2020; if it happens this year it bits me in the ass during 2020's tax season)

>>16278300
THe very worst case scenario is that you lose.. whatever percentage or break even(highly unliekly) best case scenario you double or triple what you put in by early 2020

>>16278469
Please be cautious when chasing hype. We’re not alone on this one, check out stocktwits, yahoo finance, and all the other forums where small spec retail assholes go nuts and get dumped on.

That said... I may throw another $500 or so on this one.

bought calls for spy expiring monday
how jealous are u of me rue meow?

Canopy Growth Corp (TSE: WEED) is plunging. Is this a good time to buy in?

>tfw UNH, NTDOY, KSS, MO, HD used to be my biggest holdings

GET ME BACK ON THE GAINS TRAIN REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>16278537
Never try to catch a falling weed stock

>>16278591
If Ontario opens up more stores or allows more pivatization they could be making a killing.

>>16278537
It will probably retrace at either around 14 or 10 is my best guess, it needs to do a lot of work to break-out into decent territory again though. But you can still catch a 50% retracement even if it tanks lower in the future

>>16277729
>$300 option contracts
What the fuck these are so damn expensive for something that disappears and expires worthless if it doesn’t go exactly as planned.

How do you do the maths to figure it what limit buys are optimal for options?

What dividend paying stock can I get with $66.62?

>>16278705
Odds are 50/50

You make $ or you don't.

>>16278856
THAT IS NOT HOW PROBABILITY WORKS

REEEEEEEEEEEEEEEEEEEEEEEEEE

>>16278849
MET

>>16278705
you pay a premium to limit downside exposure

options are based

>>16278537
No, I made the mistake this week and Im down like fucking 30%. never invest in weed stock ever

>>16278856
>>16277262

>>16278515
They're late to the party and whatever, potential boomer money will just drive up the stock higher

Is it ever a good idea to hold F shares?

>>16278948
I’m late to the party too :(

>>16278624
>mfw OGI is going to triple in value within half a year

Fuck Canopy though.

https://www.fool.com/investing/2019/11/16/forget-canopy-growth-this-is-the-marijuana-stock-y.aspx

>>16279017
I think they will win the EV war. Will take a few years though.

Are AMRN chasers at all concerned about the competition? I own some Glaxo so this is... not wholly wonderful news.

** Panel of independent experts to FDA vote unanimously in favor of approving wider use of rival Amarin's fish-oil derived drug Vascepa, currently approved for lowering triglycerides

** AMRN is seeking to expand the label on Vascepa to make it a treatment for reducing the risk of heart attacks, strokes and other cardiovascular events; FDA decision expected by Dec. 28

** Brokerage Maxim says panel meeting outcome is further validation for the class of drugs and is a positive for MTNB's omega-3 fatty acid-based drug MAT9001

** MAT9001 is being developed for lowering triglycerides and has shown superiority vs Vascepa, MTNB said

** Brokerage says drugs such as Vascepa have the potential to gain as big a market share, as that for popular cholesterol-lowering drug statin

** Patients have been moved from GlaxoSmithKline's Lovaza to Vascepa, and MAT9001 may follow suit given the superior efficacy data vs Vascepa - Maxim

** Up to Thursday's close, MTNB up 50% so far this year (Reporting by Saumya Sibi Joseph in Bengaluru)

>>16279026
There was a bit if a decoupling on Friday. Many of the US companies pumped hard while ACB was tanking. A couple, HARV and TRUL, even nudged their way in to buy territory for me. I will be watching closely for some kind of followthrough on these and the other MSOs on Monday. It's possible there be a diaspora out of Canadian weed stocks in to American. That would be nice as i have had enough of profitable US stocks dumping because the Canadians' weak earnings are weighing them down.

>>16279069
First to market = wins. Look at amazon for history. Amazon came out, doubters everywhere, 20+ years later Amazon is everywhere and those who got in super early are rich as fuck.

>>16279205
Pharmaceuticals and consumer discretionary are not the same

First to market is good, but there are patent cliffs and better drug trials to worry about.

>>16279258
True but within ten years or hell not even before Jan ends, AMRN will be bought and shareholders will be rolling in money. So why should we care what comes next?

>>16279069
No. We're going to get our MTNB nut after we get our AMRN nut

>>16269981
>this is what the average DUDE WEED BRO stock speculator looks like

>if you aren’t careful, you could become a nudist incel too

>don’t be a sucker - Buy the DOW today! Join the moon shot to 30K today!!

>>16279205
>First to market = wins. Look at amazon for history.

Hold on a second. Little known fact: Sears had online retail in 1990. It just didn't follow through or see the potential. So being first isn't good enough by itself.

https://m.youtube.com/watch?v=FNxKg6ZXax8

>>16279320
this. AMRN then MTNB = HOLIDAY + 2020 COOMING SESSION

>>16279373
Make sure to post ur COOMS after the buy out. I, for one, will at least be renting a Lambo for a soiree

>>16279373
what are your calls for MTNB?

So what companies are going to get smashed with tax loss harvesting this year?>>16279414


>>16279373
Very much looking forward to this clowns suicide

>>16275754
Basic strategy I'm doing.

1. Sell a cash covered putt on some stock you don't mind holding.
Wait.
If Assigned, go to #2, if not, repeat #1. Pocket the money made.
2. Sell a stock covered call, make sure the strike is above your cost.
Wait
If assigned, go back to #1, if not, pocket the money made.

Repeat.

>>16279428
You're a clown. He's one of the most elite humans on the planet.

>>16277553
Also if you think PFE doesnt hae volatilty I held their stock when they fucking dipped 30% in August or whatever, hows that for volatility

>In general, milk is bad—it tastes bad, it smells bad, and it goes bad easily. There’s a reason white nationalists made milk their mascot (purity, I guess, but also because it sucks, and so do they).

>“One of the first things you realize as an adult is that no one but sociopaths drink milk after the age of 13,” Gizmodo staffer Tom McKay told me, adding “You can quote me on this.”

https://jezebel.com/at-long-last-milk-is-canceled-1839844707
IMAGINE being a fucking subhuman that invested in DEAN FOODS HAHAHAHAHAHA


MILK IS DONE FOREVER, INCEL

>>16279479
*Scratches arms in Canadian* Ya'll got any more of that lactose?

>>16279490
Imagine being lactose intolerant

>>16279469
The Paul’s are cancer you zoomer
>>16234070
>>16219176
You’re a weird guy

>>16279474
Actually PFE and ABBV are two of the more volatile in my estimation. But I believe that was the time of Bernie’s cheapies, which was an absolute blessing.

I like MRK and JNJ, but I think BMY is headed up. Also Glaxo, AstraZeneca, Bayer, and Roche may be worth getting in here.

>>16279503
kek.. I live in France rn and good cheese in in abundant.. When we were in Canada we would buy blocks of chedder and cut/shred it ourselves otherwise youre paying out the nose

BKE reports earnings on 11/22

Jan 2020 puts looking kinda good, the $22.5p decently priced and the stock is up 31% in the last 3 months so it has plenty of room to fall. I mean it’s Buckle, who the fuck actually shops there in 2019?

Fuck lci

>>16279672
What?

>>16279672
meant March 2020 puts... for some reason there doesn’t seem to be a market for Jan options on BKE. The Dec puts are probably the play to go with tho

>>16279418
MTNB is a long term hold. probably won't do anything until 2021. MAT9001 still has phase 3 to go

might invest a couple thousand for a potential moon shot

Bottom line though, it does not mater now what happens after 12/28. Buyout, no Buyout or go it alone then a buyout, honestly no mater which of those three happen your gonna be raking in the green. Personally and from a financial standpoint it makes since for a Buyout to happen soon as possible after 12/28. Less Green Big Pharma would have to fork out. v.s they wait and the result would be more green shelled out cause by that point AMRN stock would be higher. For example, I'm sure PFE don't want to make the same mistake they made with Lipotor, they waited a year before they bought them and ended up forking out 90 per share in the process. So relax and enjoy, the hard part is almost over with.

>>16279870
I CANT RELAX I WANT TO BUY MORE

All this talk of pharma companies had me thinking about the great pump and dump of Valeant Pharmaceuticals. I tried the old ticker, not there. Find out it's called Bausch Health Companies now. And it's up 48% since October 11th.

Well that's going on watchlist. This is a very swing tradeable stock even way down at the current level. The massive run up and blistering fast decline from 2012-2015 was quite something. Almost bitcoin-esque.

>>16279870
Currently this is the likely buyout points. 50 per (now), 60 per (after Dec 28th), 80 per (After Dec & a Bidding War breaks out). Anyone of those three is fine by me.

>>16269981
Absolute newfaggot here, how do I start learning how to trade, how to predict what markets will do and how to start trading at all?
I know about the brokers and shit but I don't even know how to fucking access the market in the first place
Pls help

>>16280089
Go to free charting site like tradingview.com and look up companies. How to predict what it will do depends on how you want to trade, how long you want to hold any stock on average (days? weeks? years?). Some people trade the very long game almost entirely on company fundamentals like how much money the company makes, what they do, whether the outlook for that is good, how much debt they have etc. Others, mostly shorter term traders, are more heavy on making predictions based on what the chart shows.

To buy stock you open up an account with a brokerage, deposit money, buy something and promptly take a loss because that's usually how it goes when you start.

>>16278948
is it too late for me to buy in at 25? I understand I'm not gonna quadruple my money but I feel like hitting 35 is pretty reasonable if I hold for a few months

Someone tell me why Ford won't surpass Tesla now that the boomer-mobile can appeal to basedbois and soccer-moms?

>>16280244
Wait till they by wkhs...

>>16280165
>is it too late for me to buy in at 25
>I feel like hitting 35 is pretty reasonable
i think you answered your own question

>>16280277
ya but do other anons think it is reasonable too?

>>16280159
Well okay, thank you anon.

>>16280351
Surely sure. Stick around and chat with us about high risk bullshit, buying utilities companies that start massive wildfires through their own negligence and buying companies AFTER they have already filed for bankruptcy.

>>16279479
>Rebecca (((Fishbein)))

>>16280389
Are we too late for the AMRN green? I like your past judgements.

>>16279479
>dairy is racist
>and sexist

>>16280495
>tfw no high iQ jewess babies
Maybe I can get a broad shouldered, strong jawed qt to give me superior sons?

>>16280389
12 dollars of equity, lost ashes to the wind
my mcdonalds meal was to wash the sins of a wasted life away, if only for a regretable moment in time.
now, my tendies are forlorn, my shares only worth a dollar

and ambrodiodies wept at this cerulean shade draped over the earth
lain bare for his eyes to see what was once hidden, now grossly revealed

If only I could trade the OTC ticker on robinhood.

>>16280545
Impossible to say. Pharma companies can moon like crazy sometimes on good news like this. +46% in three days is a lot.

>>16280555
morgan webb is a tranny
they're all trannies

>>16277716

>>16280636
Banned from pol again?

>>16280689

>>16280253
WKHS is one of the only meme stocks I don't have. It seems to struggle badly to stay above $3, can Ford afford(kek) to buy them out? They're so indebted already.

>>16280709
Sounds like a yes.
Take your meds schizo, come back if you want to talk about stocks.

>>16280545

Not too late. According to analyst the stock could go as high as 50 (conservative) so if you have the cash hop in. The company was already beating analyst expectations on earnings too.

Next buy is MTNB. Currently have 130 shares at $.70 and its at $1.06 now. All of my robinhood cash is locked up in AMRN but thats my next stop for some of my cash if the buyout happens early. I could deposit more cash but I'd rather not.

>>16280748
>Take your meds schizo

Stock response from a borderline trisomy 21 victim intellect.

Just for you showing off your extra chromosome this thread is getting spammed with you inbred pedokikes doing what you do best for over five thousand years and counting.

>>16280759

Also, MTNB was recently bought by Baker Bros who have a good track record in picking biotech stocks. You can go wrong following smart money but you could do worse too.

Now this is quality content

>>16280764
>>16280770
>>16280778
>>16280781
>>16280789
>>16280794
>>16280800
>>16280806

Why do the jews suck baby dick?
Why do Americans shart in mart?
Why dont Indians poo in loo?

>>16280817
Because rituals from 6000 years ago or whatever, and saliva is somewhat antimicrobial, same reason dogs lick wounds.

Because many of us are really fucking sick and don’t even realize it, we fill out bodies with industrial food and get so diabetic we’re riddled with gangrene and our digestion system never gets time to rest because it’s better for consumer based economy to shun fasting.

Because Indians regard shitting as something filthy that they don’t want to sully their homes with.

>>16280817

>>16280768
What is your exit point for MTNB?

Redpill me I dont know why you would buy it, do they have a drug they're trying to get FDA approved?

>>16279479
the milk comeback starts today
she only wrote that article because she is a mad small-titty old 3d bitch
cows are the future
me and the other 6'4" chads will be getting our milkies whether DF goes out of business or not

>>16280849
what's that black blocky thing on his head in the first picture? some sort of yiddish go-pro?

>>16280918

Its for his jew gold.

>>16280884
Based

>>16280926
Incorrect, it is literally an antenna to improve his wireless connection to god.

>>16280764
Oh no my fee feeeeees!

Imagine wasting your life around trying to piss off people on the Internet because they challenge your world view.

Donate sperm incel

>>16280938
>it is ... an antenna to improve his wireless connection to god.
How do I make one or where do I buy one? why would they not wear the God antenna device all the time?

>>16280985
I think there’s a coil of scripture inside or something like that, I’m really not sure about the intricacies and I guarantee you Wikipedia knows more than I do, since that’s where I got the info any years ago.

Jews be like "Christians be pedos n sheeit" as they wipe baby foreskin and dick blood off they lips

>>16280839
>Saliva is somewhat antimicrobial

Until the rabbi spreads herpes to the infant and it kills them. The reason is likely because some Jewish "scholar" that loved sucking infant dick wrote it into the scripture and since Jews have a genetic predisposition to sucking baby dick they acted on impulse and the practice took off

>>16281026
Herpes is a virus you absolute fucking moron.

American school systems are a disgrace.

I'm doing good right?

>>16281072
You need anti-virals to kill viruses specifically.

anyone watch Powell’s testimony this week? We on track for the roaring 2020’s?

Fuck

I better load up on some AMRN calls on Monday.

>>16281086
lol
can't tell but it's definitely funny
what are the big positions? is one a bond fund or something?

>>16281100
watching HK livestream right now
https://www.youtube.com/watch?v=ooCRBGhYdZI
might watch Jerome later

>>16270035
because it was very overpriced (quick tip, its still overpriced retards)

>>16281130
Because some fucking YouTube trader told you so?

What should I get in on?

>>16273307
>day trading
imagine wasting your time on trading when you can make just as much money buying and holding

>>16270380
>>16271363
Not too sure if puts on AMD are a good idea right now. It IS overbought and should go down soon to normalize a bit, yet it keeps climbing and climbing with target prices getting risen left and right, defying expectations.

Common sense dictates that puts might be a good idea, but chances are you're in for a world of hurt in this clown market.

>>16281139
no because i have an iq of at least 70

>>16281158
Yeah that's why I was afraid of

>>16280869

MTNB is still the early stages of R&D on a new drug. Too early to tell if its a company that could get bought out or not. I'm only citing Baker Bros because they are insiders so they have to know something. When your playing with millions of dollars you cant afford to throw it away.

>>16281208
>>16281208
>>16281208
bread baked

>>16281208
>>16281208
>>16281208

fresh bread

>>16281208
>>16281208
>>16281208

freshly baked bread, get your bread!

>>16281208
>>16281208
>>16281208

>>16281100
Nothing new. If anything he was more concerned than usual, he even admitted that usually in times of downturn it takes a good 5-6% of rate cuts to engineer a soft landing, but currently we're so close to zero that Fed won't have much ability to help this time. Of course he turned the blame on the government side saying that fiscal policy is causing the problems. Massive debt and deficit that is growing at a faster pace than GDP. In reality both sides are to blame and the Fed is just enabling irresponsible politicians by allowing all the cheap money in the first place.

As usual parts of the testimony contradict itself. For example later on he floated the idea that low rates may just be "the new normal" and any slowdown shouldn't be feared. Then he talked about "nothing is really booming" in the current economy so there shouldn't be any fear of sudden pullbacks. Despite the DJIA/S&P/Nasdaq ripping up to ATH in the past weeks?

t. gen x, I've heard it all before

>>16279017
Depends if you want to be holding it when it is at $25 in 2 years while collecting divvies the whole time

Hey /biz/bongs, haven't been here for a minute. Being in my early 20s, should I try to be an ENTERPRISING investor like Graham was speaking of, and take some risks with IPOs like the recent LK?

>>16281220
>it getting eternally lower
God that's depressing. Like watching the worth of my country go down the drain.

>>16270940
Targeted advertisement dumbass

>>16271245
>This is your average schiff shill

anyone do tradepro? are there actually any good courses out there that aren't scams?