I think you could make a large amount of money, it's a stock that could double just because of minor news but of course it could also go the other way. It's not one of those stocks where if I doubled my money id say ha I told you so and if I saw someone lose half their money I wouldn't say ha I told you so. I have no confidence either way.

My metro transit stock (NFI Group) is up nearly 40% in very little time. I only picked it because they were assessing the viability of running electric metro transit busses and EV's are a meme right now but i didn't want the risk level of an EV stock.

I am kicking myself for not pulling the trigger on ASO, they actually have pretty strong FS compared to peers in the industry like DICKS. My concern is their performance is propped up by COVID sales. In their FS they directly say COVID has increased their sales significantly. That makes me think there's downside in the future.

This post was edited by SBD on Dec 16 2020 11:49am

You can't beat a bit of DICKS. Yes, they may have weaker FS but their customer service is second to none and sets them apart from other companies with much stronger Fuck Strength. Just my 2 condoms on the issue

It has a relateively cheap cost of entry for a tech stock that could go boom boom.

20-30$/share isn't very expensive, IMO. It's also very new to the market.

Cheap to me means the company is undervalued based on its valuation. Valuation might be comparison to industry peers or an EBITDA valuation x an appropriate multiplier.

I don't know what its future potential is and i don't assume anything just because its tech. That is what happened during the .com.

I don't know anything about them either. There's a possibility its going to be an absolute juggernaut for all I know. To each their own.

I have been more focused on areas that have not recovered from March and it's been good to me. Nothing like the retard gains you see on WSB. But higher than an average 7% id make off an ETF. My current trailing average is 30.01% for the last 12 months. Things like BA, AC, LUV, NFI, LSPD, etc. This sort of makes sense though since I typically put a sell order in if a stock makes a 30% gain in under one month. So essentially iv been able to do that with my entire TFSA once this year. All those stocks are trading higher than when I sold them but I also dont have a single bag I'm holding except Enbridge. It just works for me.

Yeah I think I'm gonna wait until it settles sub-$20 for a month and if it does that and seems somewhat to have hit a floor I'll toss some in.

For now I'm sticking to covered calls on things I'm confident will go up long term, and figuring out options.

I got out of my intel iron condor and put a 220-230 iron condor on CRM. I'm like 100% confident it won't move outside of 220-230 by the end of the week so it's basically free money.

I have personally not had the intuition to look heavily into options or more advanced trading strategies. Our Canadian platforms are not great. The platform I am using is $11 dollars commission per contract. Which to me is absurd if I am going to play options. I might have to look at Questtrade.

Wow that is absolutely ridiculous.

The only reason I'm investing at all is because we have no commission platforms. Basically I'm pulling options that I can be reasonably confident will end the week in my favor, and then doing day trades to skim off the top as the underlying asset fluctuates.

So I have 200 shares of AAL at 17.01 average. Sold a call expiring 12/18 with strike of $18 at $47 yesterday. Bought it back today at 33, and resold at 39. So scalped 6 off the top to reduce my AAL basis to 16.95, and if it finishes the week below $18 I'll have further reduced it to $16.48. Wash rinse repeat week after week. If it moons and I get assigned, I win. If it drops and I keep selling calls to reduce my basis, I mitigate risk. As long as it doesn't tank so low so fast that I get screwed hard, I win.

Still working with small potatoes, but adding every month and making money every month.

Not possible to do that with an absolutely ridiculous trading fee like you have. I probably wouldn't be doing any investing outside of long term buy and hold with those fees lol. Good on you for making it work .


This post was edited by Thor123422 on Dec 16 2020 12:45pm

Moderna wrecked me today


HOLD

Lot of gap to fill on that one.

Jinxed myself bragging about Pfizer. Bitch ass is giving away all of the gains.

This post was edited by ofthevoid on Dec 16 2020 05:50pm

Sold a call on aapl at 132 expiring end of month, hoping it doesn't get called as I'd like to repeat in january 🤔



Im using investors edge instead of questrade for contracts as the fees are slightly cheaper for options. If you don't mind a learning curve I'd say take a look at interactive broker for dirt cheap options trading but mind the fee structure for lack of activity

This post was edited by duffman316 on Dec 17 2020 09:42am