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re: Greenwich Lifescience (GLSI) up 2400% on the day

Posted on 12/11/20 at 3:21 pm to
Posted by castorinho
13623 posts
Member since Nov 2010
82009 posts
Posted on 12/11/20 at 3:21 pm to
Damn that sucks. Like I said, y'all have some balls
Posted by BZ504
Texas
Member since Oct 2005
9397 posts
Posted on 12/11/20 at 3:31 pm to
Bought SLS at $7.77, sold at $11.50 or so. Made money, not as much as I’d liked, but a win is a win. Looks like it tanked.
Posted by el Gaucho
He/They
Member since Dec 2010
52886 posts
Posted on 12/11/20 at 3:33 pm to
Yeah I bailed and made a little

Not worth looking at it and stressing for the last couple days

I think I’m done with the stock market it’s not worth the trouble
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17205 posts
Posted on 12/11/20 at 3:38 pm to
quote:

Yeah I bailed and made a little

Not worth looking at it and stressing for the last couple days

I think I’m done with the stock market it’s not worth the trouble



Eh, make what you are comfortable with, don’t have to squeeze every penny out.

I sold yesterday and made $30k. Had I held my position 3 more hours I would have made an additional $50K. That sucks, but how the hell can you be mad when you just came up and have the security others are wishing they had opted for now.

Safety and piece of mind are better than a few extra numbers
Posted by el Gaucho
He/They
Member since Dec 2010
52886 posts
Posted on 12/11/20 at 3:51 pm to
The better question is how do you find picks like this
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17205 posts
Posted on 12/11/20 at 4:04 pm to
quote:

The better question is how do you find picks like this




Eh, just looking at the message boards and messaging for GSLI people were pumping it.

GSLI was a very unique event and people wanted an opportunity to grab some money. SLS was being pumped there hard, they just received a 200M contract which wasn’t even priced in so at the 4-5 valuation PPS they were hanging at it was safe bet, but understanding the Robin Hood and social aspect means so much as well it was a safe bet for a little runner
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3072 posts
Posted on 12/11/20 at 4:15 pm to
Well it didn't work out for me, but I still appreciate the tip. I should have bought in earlier in the day yesterday.
Posted by pcolatiger28
Pensacola, Fl
Member since Apr 2009
1284 posts
Posted on 12/11/20 at 9:21 pm to
If you guys bought SLS at $13 would you keep holding or dump it first thing Monday?
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17205 posts
Posted on 12/12/20 at 1:58 am to
quote:

If you guys bought SLS at $13 would you keep holding or dump it first thing Monday?


How important is it to you? If you can hold it a bit you will get your money back at that point. It's oversold at this point. Their market cap is 75 million right now

They have a licensing deal in place for 200 million from China for a vaccine, and have their P3 funded already for the trial they are entering now. They are worth more than 75 million as a company flatly.
Posted by absolute692
US of A, MFer
Member since Feb 2007
3964 posts
Posted on 12/14/20 at 7:59 am to
quote:

If you can hold it a bit you will get your money back at that point.


So with this down to $7.30, sounds like you believe that buying up some shares return you around ~80% when it gets back to 13.
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