Stock Market Chat

Discussion in 'General Chat' started by Mathew Gould, Apr 11, 2020.

    1. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

      Tinnitus Since:
      07/2015
      VeChain and all the others are still smashing it.

      9938DB24-3B89-4341-9249-E9EE4F8A66F4.jpeg

      Polkadot is £7, Cardano is £0.1463, and Theta is £1.65.
       
    2. Paulmanlike

      Paulmanlike Member Benefactor Hall of Fame

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      @Greg Sacramento @Ed209

      Have you seen VistaGen Therapeutics climbing?? Greg I know you said you thought they would not get approval with the reasons but why are investors so bullish at the moment on this stock?
       
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    3. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      My honest answer is that I couldn't tell you as I haven't been following them.
       
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    4. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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    5. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      I posted this stock as one to consider if price moved over a dollar as delisting wouldn't happen. Like with many small issues, it's just a hype trade and many may buy too high. Do a PubMed and pharma drug search. Listed is that their compounds are useless for neuro research. Drug/brain neuro research is more difficult than tinnitus. 12 large pharma companies tried inquiry with same compounds in past years, but all placed these compounds in storage vaults with a number - no name, as they have no value. Company was rejected for similar years ago and stock lost 99% of value.

      The virus company that I mentioned is an eye disease company. It did a 15X since I mentioned, but company is a fraud. It also was a hype play. A favor was given by another doctor of partner company to get price over a dollar so that delisting wouldn't happen. This doctor and his company also bought shares in this company. The partnership is not 50%, it's less than 1%.

      I played other hype stocks in last couple of days, but now have moved on.
       
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    6. AUTHOR
      AUTHOR
      Mathew Gould

      Mathew Gould Member Benefactor

      Tinnitus Since:
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      I need some of these stock plays for real.
       
    7. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      The crypto market is really blowing up right now. We're all making huge gains in our WhatsApp group. We are four lifelong school friends who have invested together in the past.
       
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    8. another sean
      Studious

      another sean Member Benefactor

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      Hi @Greg Sacramento, are there any stocks you have your eye on at the moment?
       
    9. another sean
      Studious

      another sean Member Benefactor

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    10. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      07/2015
      A cryptocurrency my friend bought did over 350x in a year. It’s crazy. He didn’t buy at the bottom, but he turned $15k into just shy of $200k.

      My money has also grown exponentially. Probably too exponentially! The people I told to buy Bitcoin 2 months ago are approaching 4x already. VeChain and all the others I posted about 6 weeks ago have all 3x’ed.

      I’m not shilling here, and I’m not a financial advisor, but if anybody did buy Bitcoin or any of the others I mentioned then fair play :beeranimation:

      VeChain posted this today:

      587CAA6B-F948-4B2E-B4E2-492B65567E92.jpeg

      More positive news. I like their project because they collaborate with major universities like Oxford, and are into the scientific research side of things.
       
    11. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      This story from a financial article made me laugh.

      Tesla and SpaceX CEO Elon Musk, who recently topped Amazon’s Jeff Bezos to become the richest person on planet Earth, enjoys a growing influence on everyone for whom technology and business innovation matter. This was apparent, at least with respect to stock market investors who recently misinterpreted a tweet by Musk. When the billionaire technology entrepreneur asked his Twitter followers to “use Signal” – an encrypted messaging app seen as a potent competitor to Facebook’s WhatsApp, shares of a completely unrelated Texas-based technology company focusing on healthcare and industrial applications – Signal Advance – surged. Thanks to the confusion, the latter’s shares surged from 60 cents, before Musk’s tweet on January 7, to $8.30 on Friday.
       
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    12. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      The trading pro, Jane Street announced that they took a large position in VTGN. They use the Ocaml programming language to verify high-performance coding with great results. BidaskClub increased rating to strong buy.
       
    13. Juan

      Juan Member Hall of Fame

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      Hi Greg! Where do you research all those stocks? I mean, which investment websites do you follow or which news sources do you use?
       
    14. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      I had thought that the 1.3% VTGN purchase announced on Saturday by Jane Street would add a bit more hype today than just a few pennies. It appears that the previous ZACK downgrade is too powerful. The Wallet also just downgraded. Moving away from VTGN.
       
    15. another sean
      Studious

      another sean Member Benefactor

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    16. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      For crypto I use Binance and Crypto.com. For regular stocks and everything else, I use iweb and IG index.
       
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    17. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      @Paulmanlike
      I talked to several PhD pharmacists that worked where I worked. One now works for a drug evaluation firm in San Diego. All think that VTGN will get their anxiety, depression and pain drugs approved as non benzos. They had several reasons, including no crossing the blood barrier. They agree with analysts that stock is going to be worth a lot more and price could go higher than SAGE. VTGN is at the same price since when we recently talked.
       
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    18. Paulmanlike

      Paulmanlike Member Benefactor Hall of Fame

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      Thanks Greg. I did own Vistagen but sold. Might consider a small position here. I like what's in the pipeline.
       
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    19. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      @Paulmanlike I have 25 stocks on my favorite list. All had gone up 30% to 2800% times in the last two/three months. Several went up a 1000 to 2100%. All my own research where I started by visiting the company's website. Problem is that I mostly just watched them and bought few. That hurts, but I did have a recent 21X and a 14X. I bought some VTGN, just after I posted an update a few minutes ago.

      VistaGen Announces Publication in CNS Spectrums Detailing Proposed Mechanism of Action of Its Investigational Neuroactive Nasal Sprays for Anxiety and Depression Disorders :: VistaGen Therapeutics, Inc. (VTGN)

      VistaGen Reports Positive Preclinical Data Differentiating Mechanism of Action of PH94B from Risk-Ridden Benzodiazepines :: VistaGen Therapeutics, Inc. (VTGN)
       
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    20. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      It took me awhile to evaluate the saga of VistaGen (VTGN). The company has not promoted actual trial data on their website or by news release. Finally found data within several top medical journal reporting sites, but company name isn't mentioned, only study names. Data was calculated by means HAMD -17 - differential. Remission of anxiety and other related conditions is 80%.

      VistaGen 3 drug candidates' are not for tinnitus. Other studies will be needed for tinnitus, but different numbered GABA indications may lower induced benzo drug effects. Drug agencies have reported that VistaGen drugs are not benzo's and more about this is discussed within articles - VistaGen web site.

      Released today:
      VistaGen: Patience Could Lead To Significant Upside (NASDAQ:VTGN) | Seeking Alpha
      In summary, the author projects VistaGen Therapeutics, Inc. as a "buy" at a 5-8 year price target of $101 (+4,206% upside).

      I have also recently posted on Yahoo under VistaGen conversations for support for those that may had bought shares. There will be times when price will make profit taking swings downwards that may be as much as 50%. I can help determine this. Nothing is a given when it comes to biotech. Only invest funds that you can afford to completely lose.
       
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    21. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      I sold Polkadot at £14. It will still rise, in my opinion, but at some point you have to take your profits. I only paid £3.15 for it. I also sold all the others except for VeChain and Cardano.

      My profit margins are really big right now. I should probably take more, but I'm willing to risk it all for the real rewards that can make a difference to my life.

      I've covered my original investments, so the remaining money is the entirety of my profits. It's a free ride.
       
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    22. Greg Sacramento

      Greg Sacramento Member Benefactor Hall of Fame

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      @Ed209 Bitcoin sure did another U TURN.
       
    23. ajc

      ajc Member Hall of Fame

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    24. Drachen
      Tired

      Drachen Member

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      Big thumbs up for being a Louis Rossmann viewer.

      I'm definitely with him and the WSB crew on this.
       
    25. another sean
      Studious

      another sean Member Benefactor

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      I've been in GameStop since last week at $35. Just sold at $135 today, ATH was $159 and wasn't fast enough, so nearly 4x in a week. Then it fell like a rock after a few circuit breakers and I got back in at $66. What a wild ride. A lot of millionaires were made this week and hedge funds are needing bailouts and the short squeeze has still not been fully squozen.
       
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    26. just1morething
      Benevolent

      just1morething Member Podcast Patron Benefactor Hall of Fame

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      Are you a millionaire? A lot of people that do volume trading with very little commission get whipsawed if they trade both long and short or put too many eggs in one basket. Do you know how to make a small fortune? Start with a large fortune. I traded commodities too much and got my ass handed to me on a silver platter.

      Hindsight is 20-20. I have a trust too like @Greg Sacramento.
       
    27. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      It's a correction, Greg, as I said would happen (it just went higher than I expected on this wave). Nothing can go parabolic like that without a retracement (it gained 1000%). There will be some consolidation now and new buying opportunities for the longterm.

      It will eventually go above $100k.
       
    28. ThomasRobert

      ThomasRobert Member Benefactor

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      ME
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      Can someone here advise on "PMCB" PharmaCyte Biotech...

      https://pharmacyte.com/

      They submitted an Investigational New Drug application (IND) to the FDA for a planned Phase 2b clinical trial...

      Can their stock reach 5$ or 10$?
       
    29. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      07/2015
      I'm not a millionaire, but I've never lost any money either. I mainly trade and invest in high-risk stocks and assets, that's my thing. Rule number 1, don't lose your original investment. My friends and I have been doing this for about 25 years. If you do some due diligence, it's easy to spot some good opportunities. After this, it's about understanding the market cycles. People usually lose money when they buy something that they do not understand and/or haven't researched properly. Then when a crash or correction happens they panic and sell at a loss.

      In 2008, a friend and I invested in the banks after they crashed. We quickly turned £1k into £8k. From there we diversified and put money into smallcap mining companies, oil explorers, metal & mineral explorers, biotechs, and many others. I bought two very high-risk stocks called Rockhopper and Desire based on a recommendation from a friend who had worked many high-profile jobs building airports and hospitals and stuff all over the world. He said the Saudis told him to buy Rockhopper as their hunch was that oil would be found there based on the evidence the basin had. With that I put £8k into it and £2k into Desire. This was during the drilling phase when an RNS could drop any day and wipe me out, because if it turned out to be a duster, then the majority of my money would be lost temporarily until the next drill. In the meantime, and I'll never forget this to this day - as I held throughout the majority of the risky phase - I heard an interview on the radio from a Shell executive saying they'd never find oil there as when they went they only found a pints worth. I knew about their history there, but something about hearing him talk that day made me question my decision for going with something that was such high-risk (bare in mind it was calculated, and was not using my core money, it was just profit). So, I made one of the worst decisions of my life and sold £7k's worth, my other friend whom I've always invested with didn't. About two days later, the RNS landed and the news couldn't have been any better, they struck more oil than expected and as you can imagine, the price went nuts. It even made the front page of the tabloids. I was devastated. My friend rang cheering down the phone as he had made over £100k from this one opportunity. I made a fraction of this. After this I did the stupidest thing imaginable, out of sheer frustration, I sold the majority of my SXX stock to chase the rise Rockhopper was having. Although I did manage to make another £4K, or so, on RKH, my SXX stock, which I'd held for over a year, decided it was the time to launch, and did over 30x. I'd even met the BOD of SXX, so you could say it was my main holding that I cared about the most. My friend still had his, so he not only made £100k on RKH, he made nearly £250k on SXX as well. I was a bit gutted to say the least :cry:. SXX was my tip to him as well. Anyway, at this point I took all my money out and decided to take a break. I used the money to buy a house, whilst my friend bought about 3 of them :ROFL:.

      Then lockdown and COVID-19 happened, and we needed money, and so the beast was reawakened. I put money into Cryptos as it was an area that my friend was now specialising in, so I got a huge head start in terms of research. I've already taken my original investment money back so I can't lose at this point and I'm doing very nicely out of it. This is key. A proper de-risking strategy is essential.

      My friend is now aiming for £1m, and he will likely get there. He's already at circa £500k. This isn't a get rich quick scheme; you have to know which ones to hold and which ones to trade. The ones he's got he's held since 2016. At one point, he had 16 bitcoins which he regrets selling.
       
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    30. Ed209

      Ed209 Member Podcast Patron Benefactor Ambassador Hall of Fame

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      It pumped because of another Elon Musk tweet, as far as I'm aware.
       
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