Blueheel1
3 months ago
my short on NVDA isn't a day trade - i will hold for another year or so - as long as it takes. I'll cover at maybe $20 or $25 - even though i think it will eventually bottom at $15 or lower. But i don't want to argue about it - life is too short. you don't have to join, but i stick to my word. In fact, if it's higher than even $100 by year end, i'll delete all of my accounts from every board. I'm sure some people will be thrilled with that :)
RNXT is a call option. It could succeed, or it could fail. But.....their current, well-enrolled trial is playing out as we speak - and nothing we say or do on an anonymous chatboard here can change the results by even 1% - isn't that great?
So, let's see where we are at year end / early next year. you say it will fail - well, there's another bet i'll take anytime.
fung_derf
3 months ago
Considering I'm diversified I'm just dandy. My accounts have been up as late.
Of course, if you took the time to actual look at my posts, I've been advising people to wait to buy SMCI in the low $300's, so not really sure who you think you're schooling? Go back and look at my board as I post most buys and sells. I made over 1200% on SMCI by buying it at $37.
You see, if you were a big time investor, you wouldn't need to day trade.
P.S NVDA is very close to its support level and probably an add here....but you keep shorting.
fung_derf
4 months ago
OK, so with a little time to kill, I just read most of your posts on the CYDY board.
The good news is, I don't believe you to be one of the scammers (like monroe and a couple others)...
however, I'm not quite convinced that 7 years is enough education for you...for instance...tell me the post below was before you came to your senses and and at the very least, sold off your cost basis??
Blueheel1
Re: None
Tuesday, June 30, 2020 8:56:01 PM
Post#
89335
of 233356
So, sitting out on my back porch having a glass of wine with my wife, and I told her that we “lost more money today than I have made in my five best years of working“. And then I just started laughing. I think maybe she thinks I have lost it :)
This has been a crazy journey for sure. Never thought I would be in a position to lose as much money as I did today. At the same time, I firmly believe that we will surpass the $10 mark before we see August - and up from there. When you have something great, you attract attention and become a target – – which is what we became today. But what we own as shareholders is beyond what any two bit short seller can touch.
No, it didn’t feel great losing that much money today – – but I continue to try to enjoy this journey. I think this will be a once-in-a-lifetime run for me – – never before have I seen anything with this much potential, and I don’t think I will ever see it again. These are twists and turns in a world class drama that will have an ending that beats anything we’ve seen - saving and improving many lives, and making a lot of millionaires and multi millionaires along the way!
Now, time to pour another glass....
You watched a stock get pumped and dumped badly, even to the point the CEO was prosecuted for fraud, and yet you still believe penny stocks are a viable way to make money?
I've had people on IHUB who were able to admit to me later they should have listened, but most are too stubborn to admit it. I wonder which you will be?
fung_derf
4 months ago
First off, I couldn't care less if you delete your account or not. Delete, don't, post under 10 aliases....makes no matter to me.
Secondly....
just so that i'm clear, you're saying that RNXT will tank before their 60% readout in 4 months?
Show me where I said this.... I absolutely abhor when someone takes something I've never said and applies the quote to me. So I'll make it simple....
ALL penny stocks are garbage!! I've been posting on IHUB for well over 20 years and investigated hundreds. With that said, if you insist on playing them, you should NEVER hold one for over 3 weeks, because this is the typical length of a pump and dump....this IS NOT investing. This is betting that someone is more stupid than you and will take over at a higher price that which you are disposing.....Either that or you're an accomplice on a pump and dump.
I don't think I've ever had the need to research you so I offer no opinion.
However, what I did say is, IF Aegis is the lender for your penny stock, you can be assured, they plan to toxic finance your stock into the dumpster. Just go look back on ALL the other companies, they've "aided".
And lastly...
To compare NVDA to a penny stock is idiocy. However, to pick a single day and time to say, THIS is when you must compare is ridiculous. It so happens I own some NVDA. I also own another 80 stocks or so..(maybe more). Not to mention mutual funds, annuities and muni bonds. I support myself through my investments and certainly don't live or die on NVDA's success. I will say, since I bought it, I bought some in 4/24..sold off a third in July for a 39% gain, and currently have a 48% gain on the rest that I hold. That's 48% in 5 months which works out to around 115% if annualized. Now, tell me why you are screwing around with penny stocks.
BTW, the fact that you are defending a stock that is down 90% in the last 3 years speaks volumes.
Blueheel1
4 months ago
well, it comes down to sizing. these pre-revenue biotechs are small relative to my other holdings, so i've sized them correctly. But in terms of missing the point - just so that i'm clear, you're saying that RNXT will tank before their 60% readout in 4 months?
Tell you what. Let's check back in 3 months - beginning of November. Let's see:
1. What the price of NVDA is relative to 128.6, where i went short.
2. If RNXT is still in business.
If either NVDA is higher, or RNXT has tanked, I will delete all of my accounts and never post again. But, if NVDA is down and RNXT is still kicking, you have to do the same. Up for the wager?
Blueheel1
4 months ago
well, the good news is we'll know one way or the other by year end, when trial results come out. not much need to discuss before then - it'll either be good or bad, and nothing else said will affect that. I have never claimed to know for sure. But, here we have a tangible milestone within months - it's coming. CytoDyn doesn't have such a milestone, which is why i'm concerned about that one.
I just re-loaded my short on NVDA and SMCI. I guess we'll find out who's right :)
fung_derf
4 months ago
I thought I'd check out your other investments. I only get 1 post per day on CYDY.
However, often times I am surprised that a poster makes a perfectly rational post on one penny stock board, but then is sucked in by another.
I spent about 3 minutes investigating this stock before noticing they are attached to Aegis Capital, who is a known toxic spiral finance company.
Any company using them WILL tank, and I notice this one is falling. If they are in any way legit, they will have to do a reverse split to get the share price back above $5, them's just the facts.
You state you've never shorted a stock. Me neither. Although I've seen so many stocks I should be. ALL stocks tend to drop twice as quickly as they rise, but I would rather stay conservative.
Why not invest in real companies with real earnings? I made 16% in SMCI just last week! There is so much money to be made right now in the stock market and you're attaching yourself to this anchor?