Planning to buy my first pinball machine later this week, also plan to get much heavier into the stock market due to a move that increases my living space and frees income. Wasn't expecting a decent stock thread on a pinball forum.

Still working on where to put my money. But it's definitely a focus on those stocks that are relatively low, no interest in the stocks that went up like crazy the last 4 years.

That wsb reddit is hilarious, but there are some intelligent people mixed in with the people that clearly only own a handful of shares. While it may run up more it will surely be a boat missed by end of next week.

Currently cineplex, bb, air canada, amc have my interest. But still doing my dd.

Plan is to spread out small investments, leaving enough free cash to buy when necessary. Main issue I had the last time I had a lot of money to invest was investing too high a percentage of my money, leaving no room to do anything else.

So three of the 5 stocks I mentioned are already spiking like crazy, funny, if only I closed my properties a week earlier. Hah. We'll see how paper handed people are at open. Meanwhile I'm sitting here without the free cash to invest until Thursday.

Well if you actually took that reddit seriously, their target for gme was only ever 420.69, so if you bought at 351 you were only targeting an extra 'measly' 69.69

Now I wouldn't count any of these meme stocks out yet.

I am hoping blackberry keeps the freefall going so I can buy in cheap.

I have a friend that makes very good money buying and selling pot stocks on the up and down swings. Very swingy stocks that I guess he has figured out.

I am trying to figure out fubo, if they are likely to be a lot larger with a much more impressive breadth of content. They are relatively cheap, if they get some traction they could in theory be much higher. I assume pretty unlikely they ever get the major american sports as part of their package. Obviously soccer has a lot of appeal worldwide.

They will keep swinging, in the case of gme it could be more dead cat bounce than anything. We'll see. Definitely if you to play the downswing be super careful. Not stock advice, I'm really just saying 'who knows' with this stock.

These aren't buy and walk away stocks. It's more the watch like a hawk stock.

Also bears noting that some in wsb saying buy and hold want to see posts about losses.

+1 on brookfield, bam is interesting as well.

I like nxpi in my, the world is going in the wrong direction portfolio, in this case microchipping humans.

Buying and holding can be difficult as it's hard not to get emotional looking at that stock ticker. I think the trick is to only invest what you are comfortable with, it's up to the individual what is their sweat point. And more novice investors probably should lower their targets.

One big thing to note is the stock forums are filled with bots trying to confuse you into making a mistake.

Covid cases will die down naturally over the summer, there are plays to be made based on that even if it isn't actually done done by then.

I think I might take a flyer on this after doing some dd, seems promissing. Though I always have a thought of 'what am I missing?' after most of my 'online dd'.

Out of curiousity does anyone here step outside of what is readily available on the internet when doing dd?

Nice call on FIRE.to , made a nice tidy sum. Need to reevaluate if I really want to own this into earnings. It feels like people's hopes/expectations are slowly being priced in now.

Not sure, as I really don't know where their products rank in the grand pot ecosystem. I mainly invested due to a combination of good management, looming profitability and low stock price.

My gut says it still has room, but there may be better plays at the current stock price.

Also this is not stock advice. My opinion changes often and frequently.

Sold all my positions in the morning except for suncor this morning, everything has since collapsed. Hopefully I wasn't the catalyst.

I just need to take a breather to reevaluate everything. I am a small time investor with a scant 20-40k I am throwing around.

Decided to start a position in Ride, a mini tesla.

Just staring at the weed stocks for now, they are all up big so I feel a little aprehensive. Ogi so far peaks my interest the most.

Threw some at ogi a bit before market close. We'll see how stupid I am tomorrow.

Thanks, so far so good 30 minutes into after hours. *knocks on wood*

Phew, got out of ogi before the mega tank. Crazy.

Now of course thoughts of do you buy the dip start dancing in your head.

Hate predicting the bottom though, will wait for it to show some strength even if it means losing out. Will just watch while eating popcorn until then. Something definitely smells fishy.

Eh, not sure about that, but either way to me weed stocks are short term holds. Have always been very swingy. While I am sure legalization will come, who comes out on top is currently a crap shoot.

In other news Ride is doing well, plan to hold for awhile, unless it pops unexpectedly of course.

My biggest losses have been when I chased what I viewed as a lost opportunity. Where I almost threw my sound gameplan out the window.

I am mainly cash now, waiting for some juicy entry points as the market does seem to be wanting to go in a downward direction.

The way the weed selloff is going more may be tbe price of hitif, rather than the other way around.

Honestly I plan to research the pros and cons of the company over the weekend. I am looking for some super early entries.

Honestly I plan to research the pros and cons of the company over the weekend. I am looking for some super early entries.

Have a pretty high percentage of my portfolio in Suncor now, I think I am done with more volatile stocks for now.

Good luck, while aspects of the stock look promising, they can easily just r/s to get on nasdaq at their current price and it felt a bit too much like the gme crowd trying to recreate magic due to the short interest. But I really don't know what I am talking about usually stock wise so what do I know.

It does seem like he is seeking fame, otherwise he genuinely thought it would go up higher, it did rise and drop ridiculously quickly.

He does deserve credit for being who most people on wsb credit for being the first person who pushed gametop as a good buy. Regardless of not selling at the top.

Scr.to down over 20% after doing a 10 to 1 reverse split. Don't own it, but another case of a reverse split being bad for a stock short term.

Suncor doing real well today, where most of my money is, still a lot to go before I would consider selling.

I've changed my mind on a lot of stocks, had Ride, Pins, blackberry, fubo at various points, all down big since I sold them. If I was more stubborn about my opinion I would have lost a lot of money. Having said that indecision has cost me plenty. But at the end of the day I am not a stock expert, I don't do this for a living, I'm willing to find out I am wrong, though I should probably better evaluate some stocks before buying them, but it is what it is.

Though I grant that these short term drops say little about the long term futures of these conpanies/stocks.

This is just red days in the market. Crash this ain't.

Who knows, what we saw today could've been a dead cat bounce of a larger downtrend. Or just retail investors getting spooked, once again.

Oh boy, can't wait to buy at the high to post loss porn.

Definitely looks like that big drop and recovery last week was a dead cat bounce after all. I'm still doing ok with my oil stocks(kinda just meandering around the same level the past couple weeks but I bought fairly low). I am wondering if I should move some of that to some of these stocks that have been dropping by a dramatic amount. I just don't have the time to research everything so may just end up standing pat with oil for the long hold. But it's hard not to see those sweet 10-20 percent bounces and not lick your lips. I still see room for lower prices(queue every stock going up and never looking back after I say this)

Opec today very positive for oil, saudis and russians said they won't increase output, which is really my only worry with oil.

Main reason I shifted most of my portfolio into Suncor was it's resilience on red days in the market, and I knew we would see what we are seeing now, though I am sure I am in the majority not minority that thought that a downturn was coming

Current plan is to wait for around 50% more from here before selling anything. I do think reopening plays is where it's at, you just need to choose what horses is best based on your own dd.

I've been very boringly just holding onto my positions the past two weeks.... that is all.

Hey I would buy it if it somehow went back to 40 by eom. Now is just straight up gambling.

I only owned it very briefly, didn't like the price action after a downgrade so sold it all immediately at $28-$29 for a minor loss. Stock tanked after that.

II-VI

Decided to back out of suncor on 4% drop in oil prices, will take a wait and see for now, holding mainly cash for now.

I don't doubt it will rise again, having said that there are some other fundamental issues like too much supply right now and increased taxes. I will probably buy back in in the short term just trying to protect my profits as I have been holding awhile and don't have the free cash to buy dips without selling.

Worked out trusting my gut there, now down 8 percent and falling. It's not feeling like the bottom.

Aaaand I'm now back in Suncor after selling early yesterday.

Speaking of day trading long positions, did a really pointless trade with suncor at the eod that netted me a whole 2 extra shares. This after not doing anything like that for 3 months of owning the stock. Just got excited after successfully doing it yesterday I guess for a more significant gain.

It's the only reason I have so much in oil, I feel it's a safe haven and am too scared to invest in anything else. I expect a dump, more significant than what we've seen so far.

And if I am lucky the timing will be perfect for when I decide oil has ran it's course

Beware of longs recommending things as buys at inopportune times.

I agree with the long thesis and agree that day trading can get you into trouble but even though some of these tech stocks might quadruple or whatever in a long length of time there is no reason to rush into them.

Not attacking anyone, the advice given here is often top notch.

Holding all cash, don't trust Suncor/oil right now. Avoided about 60% of the last week's drop by NOT just sitting and holding the stock. Not sure how far it can go down now, just really playing it by ear now. I am hoping it drops to between 18-19 dollars USD(22.5-24CAD) so I can amass 50% more shares than I had before in total. I'll just keep a close watch on the news. Obviously there is a chance it shoots up from here if oil comes roaring back.

It amazes me that there are people on wsb that act like hitting 300+ more than once isn't already an amazimg accomplishment(which it was), but that it's "barely the start of it".

Please sell if it ever gets back there. Or don't, I'm not your Dad.

Wouldn't be the first time I saw a hedge fund guy delete his account on a public forum.

As long as that Suez Canal is blocked by that beautiful wedged boat they're blocking supply which is great for the price of oil

c1_2088911_210324110307 (resized).jpg

From the little I read wsb, they actively delete any negative post, I guess it falls under market maker manipulation. Most people there don't even know why they own the stock.

What's happening now is what happened last time, dead cat bouncing as it slides lower and lower.

But I'd probably still toss my life savings in the thing if it went back to $40 soon.

That weird moment when you are sitting there with a bunch of free cash, looking at a sea of red, and have no idea what will jump up tomorrow.

Yep, the reality is we haven't even seen close to a crash.

Probably fear of a crash, and fear of missing the bottom doing an aggressive tug of war. So far it's overall been trending down.

After spending some time on here balking at GME, I am starting to wonder today if it's resqueezing now.

Made a quick chunk of change off gme buying yesterday and selling at open, will buy again if it dips a lot again soonish. I'll live if it shoots up.

I did start back a position in Suncor today. Old faithful. My safe harbor stock, I know people around here like other oil stocks, but this one makes more sense to me.

Just riding one of my biggest winners(Suncor).

I wasn't kidding when I said I would put a lot into GME if it went low enough. If I didn't have a pile of free cash I might've not done it yesterday, but it seemed like the obvious play looking at the price action. No, didn't buy it at 120 yesterday, wish I had. Generally speaking I don't expect GME to go down as far as $40(short term) as I feel how people view the stock has changed a lot after that big second squeeze.

Red day, time to buy gme? Seems like how it sometimes goes. Still with mostly cash, only 15% invested.

Note, I don't actually recommend buying gme at these levels.

Logically if you vaccinate the people with the most compromised immune systems the world should just completely open up. Unfortunately the world isn't currently running on that kind of logic, more on the selling fear side and we have to vaccinate everyone side.

That 88 energy has been on a tear since whoever it was mentioned it. Didn't invest just threw it on my ticker for curiousity sake. That'll teach me for not blindly following stock picks mentioned here.

I've said my peace about corona, I won't get into the finer details about it, just how it pertains to our trading needs.

Ontario Canada is going back into lockdown for 4 weeks after only recently starting to come out of it. Re-opening plays may keep being in that holding pattern, and any further lockdowns around the world could push them down in the near term. Since re-openings have been partially priced in slowly the past several months.

Usually anytime I've said I'm mainly cash it's temporary, I'm usually at the least doing short term trading. Currently I am making actc and bb plays.

While I don't think the likely r/s for the uplist will be good for hitif it's dipping low enough that I may throw some in tomorrow.

Didn't buy yet, sector seems to be getting crushed due to less than expected earnings by other weed companies.

Weed will bounce I am sure, always does, very much a buy and sell sector, not buy and hold.

Ontario, where I live, already in a lockdown, about to get hit with even heavier restrictions. Fun. A lot of Europe in lockdowns. Re-opening plays I am sure will pay out, but definitely later than expected.

Decided to buy hiti today, we'll see where it goes from here. Could be a deadcat today, but I think it's a comfortable level to buy at. Just didn't want to buy during the freefall or else I would have bought it yesterday.

Having no mortgage definitely can bring a person peace of mind, especially if they aren't a professional investor. Had no mortgage for awhile after racking up big debt(downgraded to a place that was less than half as expensive... in a cheaper area). Went from super stressed to calm. I have since upgraded to a bigger home with the new wife, I have a pretty small mortgage, and really only invest in the stock market what I am comfortable with. The next time I take money out of the house it will likely be to buy a investment home as I live in a place where real estate has consistently been a great investment.

I will only add to my stock trading fund from stock trading profits, no plans to putting in anything extra even if I think a stock is the opportunity of a lifetime.

For me, nothing down nor up. Technically all green, but, hardly.

I am starting to really sour on oil stocks. Too many anti oil initiatives sparking up in both the us and canada. I only have a very tiny position where it used to a really large percentage of my portfolio.

Went back into actc today. Seems like a ev manufacturer with a lot of promise. Getting government contracts.

Biden announced he might tax the wealthy as high as 43.4%.

If anyone needed more proof Biden will be bad for the stock market.

If I am going to invest in oil it would be for the dividend payment. There's still value there.

I doubt the market will crash for this sole reason, not sayimg that, but I do expect a slow bleed out for many reasons. I would rather a quick dump so we can just get to the climbing. It's going to be annoying. I have never shorted stocks, I should probably start(well I shoulda started awhile ago really).

Cut out my reopening plays from my portfolio because the constant... bs... delays in reopening the world are just making me even more frustrated with what's going on. And please spare me a long diatribe about how it's good for us to be herded.

Actc doing well, it's a very swingy stock at times but I like the potential a lot. Will be making EV public buses for many places.

Yes, people wanting to be controlled is popular opinion... not saying that "poll" is incorrect, just wondrous.

Weed up today but weed stocks were getting obliterated.

Only own hiti at .63 cad

Just playing a swing, not a long term hold

Oil prices have almost completely recovered from their drop recently, just in time for earnings. Still own suncor, just not as much as before.

Never understood the Pins hype here, seems like a declining platform that is awkward to use. The fact they don't make as much from ads as others isn't surprising given how people tend to surf the platform.

I'm just holding, have my money in a handful of stocks, half up, half down. Market seems due for more than just the occasional, perfectly healthy, red day. But we'll see.

It's not like pins has some long track record, the stock went up like crazy during covid, but I personally think people make a mistake comparing it to conpanies like apple or facebook. Obviously you all will do your own due diligence and come to your own conclusions. I could be talked into buying it at lower prices, maybe.

Started a position in oih on monday, liked what I was seeing in oil, working out well. As long as oil prices can maintain their current level I will hold. And if they go up, fantastic.

Oih on a tear, currently up 14% from when I bought it last Monday.

A reverse split isn't good, but the uplist is. I bought pretty close to where it is now, I would sell any significant spike up. Right now it's cheap so I can wait comfortably for that.

I am all green today, have very little in cash, just been purposely avoiding the trouble spots all year. What's happening now isn't catching me off guard.

While that is true, the history of how the stock market reacts to reverse splits, even those done for an uplisting, hasn't been favorable. It is a company by company thing and yes sometimes it does work out fine for investors.

Sold oih on the oil drop. Turned out to be a very good trade. Will look for reentry.

I am a little too invested in weed now, mainly grwg and high tide. If the sector could do me a solid and start shooting up I'd appreciate it.

Sometimes the effect of good earnings can take time in this market, can't really react too strongly to what happens right after the report. I wouldn't have touched these weed stocks when they were high flying(though I did touch one briefly, for a whole day), this seems like a comfortable level. Perhaps they do have a new bottom awaiting them around the corner, we'll see. I've generally found it hard to hold long term, as I tend to overthink myself to death, but I'd be surprised if it took me a long time to realize gains with these weed stocks.

i think even with dividend stocks you should shoot to buy stocks at a low point, not buying them strictly for the dividend. Really depends how risk adverse you are, since obviously you could shoot to make 10% gains every month other ways only to end up on average 1% down each month.

Sounds nice, I can only go out to get groceries, with a mask on. Still as locked down as ever. It's the same for all of Ontario so I can't even commute to a level of sanity.

I think the last I heard is if they get to 75 percent vaccinated they MAY reduce restrictions...

Put even more money in high tide today, I think I missed the part where I am supposed to be diversified.

hmmm, keep waiting for an actual crash, so far it's just been specific sectors, not an actual crash. We'll see once again if this is the start of something or just another head fake.

Not sure I'd be in a rush to catch that crypto falling knife with companies, and countries starting to ban it.

Sold high tide at 9.2 cad.

Was only intended to be a short term play, unfortunately the 9.6 cad bought public offering put a stop to that plan. Gl everyone that still owns it.

Bought high tide again somewhat against my better judgement. I kind of think I should just dump it in oil and wait.

...forget oil, amc. Jesus, why am I busy trying to be sensible.

That's nice, but still wishing I had sold hiti before the 15% recent hair cut but of course glad I went back in. I doubt the runup to nasdaq will be too crazy, but I will hold for now, and yes do see the potential long term.

I do want to get back heavily into OIH, but obviously there are other, riskier plays out there that are hard to ignore.

I think Hiti is going to be one of those stocks I am in and out of for awhile as I see the potential. My first purchase of the stock was only recently at .63CAD as it felt too high before that. Short term, dilutions will be an issue, and the weed sector in general. Company will grow, but will need to raise a lot of money to do it.

Weed sector doing well today, hopefully it's not a 1 day thing and has some legs.

Regardless of the reason, oil(Brent) finally breaking $70 is a big deal. It's not like oil stocks are at some high level, they are still pretty beaten down.

Went back into my baby Suncor today, just in time for ex dividend day. Also have some OIH. Trimmed a bunch of High Tide, might be a mistake, just it was too much of my portfolio.

Yep, agreed, if there was ever a time to own oil stocks, it's right now.

Oih has the most upside, not a dividend stock but should make up for that in stock movement.

Amc is there to not allow you to get too excited about your investment decisions.

Like sure, oih is up 8 percent and I got out of high tide pretty perfectly, but I am still an idiot for not buying amc.

Halted because of a minor nav correction.

https://www.otcdynamics.com/oih-vaneck-announces-revised-net-asset-value-information-for-vaneck-vectors-oil-services-etf-oih/

It's mainly the meme stocks that seem to be taking a breather. Not going to say the current run is over for them though. Even if it is surely another run will be right around the corner once they settle.

Oil slightly down due to lifting some iran sanctions and increased production, just a minor bump in the road. Consumption and oil price should steadily increase throughout the year. I wouldn't want to own these stocks 10 years from now, but still a lot of money to be made this year.

Some bios doing some crazy things, ORPH went up like crazy, something like over 1000%, doesn't appear to be a reverse split either.

I think Motley fool turned me onto suncor. Oil being my biggest winner this year.

I haven't owned anything else they mentioned since buying a sub at the start of the year, but there are a few stocks I have my eye on if those sectors start seeming less rotten to me. You definitely have to figure out both the short term and long term of a stock, as figuring out short term trends can keep you from buying a stock too high.

As for this thread, I did make a bit of money off some weed stock mentions, specifically fire and hiti. Only held them for a brief period.

While I have never invested in Crypto, all because China banned it, doesn't mean everyone else will. Now do I think something like their level of person tracking might come here? Sure, eventually the US will figure out how to convince us it's "in our best interest"(like the certain level of tracking already here), but that is probably decades away. I don't think a crypto ban is likely anytime soon, but it could certainly go down a lot before everyone feels more confident that the world won't follow China's lead, but maybe not much lower than recent lows.

As for the stock market, while I have expressed trepidation of the market, I don't expect a actual crash. We'll just keep seeing what we've been seeing, certain sectors bleeding. And money is there to be made elsewhere. What we are experiencing though, is just more worthless money, it's kind of a general all purpose crash that doesn't involve the market. Everything is just suddenly more expensive, and will keep getting more expensive. So you better magically make better returns investing to make up for it.

First day oil gave me a gut punch, as I sold the stocks just before the last few times this happened. The continued rising price of oil lulled me to sleep I guess. Long hold it is then with no swinging for the foreseeable future it seems. Price of oil dropped, but it's the first significant drop since brent first crossed $70. We'll see if it wants to head back in the $60 direction, nothing I've read makes me think that's likely, but certainly not impossible.

Bought High Tide again today, last owned it a day before Nasdaq uplist. I know this baby likes to runup to earnings, which is after market Monday.

Count me in the, I was firmly against buying tech all year camp to the... yeah you can probably make some money with them from here camp.

Don't own any tech yet though.

As for oil, with most of the earnings late july and so far the rising price of oil not seeming to move the needle it may be awhile before the next leg up. I don't think it will take quite that long though. Could be some people just don't believe in the oil to $80+ scenario. Could be soon that they announce the lifting of iran oil sanctions. I only expect a temporary dip. If that proves to be but a speed bump then we could get our next move up after that.

I like tom lee, but i don't agree with hodling oil. This thing does a lot of nothing between those 10 great days a year.