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Message

re: PHUN (Phunware Inc.)

Posted on 10/22/21 at 12:28 pm to
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 10/22/21 at 12:28 pm to
quote:

My order, which I set at over $10, was filled today at $7.75. I have no idea what I am doing, and have no business doing this shite


How about me. I put a $5 limit in early this morning and it bounced off 4.90 in pm. Check my order and had selected regular buy after reading this thread and seeing the discussion earlier
Posted by slackster
Houston
Member since Mar 2009
91268 posts
Posted on 10/22/21 at 12:30 pm to
quote:

My order, which I set at over $10, was filled today at $7.75. I have no idea what I am doing, and have no business doing this shite



Market buy order - buys your specific amount of shares or dollars as quickly as possible regardless of price.

Market sell order - sells your dollars or shares as quickly as possible regardless of price.

Buy Stop order - a market buy order that will initiate at whatever stop trigger price you set. The stop price is just the trigger, as you’re now at the whims of the market pricing.

Sell stop order - a market sell order that will initiate at whatever stop trigger price you set. A sell stop order may look something like this:

Sell 100 shares with a stop price of $10, which means 100 shares will be sold as quickly as possible if the stock falls to $10 or below, even if skips $10 altogether.

Buy limit order - buys however many shares you state for the price you set at the limit or lower. You won’t purchase any stock over the limit, but may get it for cheaper.

Sell limit order - sells however many shares you state for the price you set at the limit or higher. You won’t sell any stock for less than the limit, but may sell it even higher.

Buy stop limit - sets a stop price that acts as a trigger for a limit buy order to be executed. Basically says you’ll buy up to x amount of shares of the stock if it hits the stop price or above, but you won’t buy any of them higher than the limit.

Sell stop limit - sets a stop price that acts as a trigger for a limit sell order to be executed. Says that you’ll sell up to x amount of the stock of it hits the stop price or below, but you won’t sell any of them for less than the limit price you set.

All orders other than basic market orders also have a time component that you’re able to select. That component states how long you’d like the order to stay open if it isn’t executed.


Ultimately, with highly volatile stocks, setting a pie in the sky limit buy or limit sell is a reasonable strategy just in case. However, if you’re trying to protect your downside, a market sell is the most sure fire strategy. All other stop and/or limit orders could fall victim to the stock gapping down.
Posted by deltaland
Member since Mar 2011
99912 posts
Posted on 10/22/21 at 12:51 pm to
I sold enough at 18 to recoup my initial investment thankfully

This one was too volatile to let it all ride
Posted by deltaland
Member since Mar 2011
99912 posts
Posted on 10/22/21 at 12:54 pm to
quote:

This shite is so unethical and dressed up to "protect us" when it's really to protect them.



This. If trading is halted why did the value drop by half soon as it resumed

The big players got theirs and left us with the short bag
Posted by deltaland
Member since Mar 2011
99912 posts
Posted on 10/22/21 at 12:55 pm to
Friend of mine just realized he had a bunch of shares of this stock from months ago he got at 2 dollars and forgot about

He can still profit nicely but damn he missed a good payday this morning
Posted by slackster
Houston
Member since Mar 2009
91268 posts
Posted on 10/22/21 at 1:17 pm to
quote:

This. If trading is halted why did the value drop by half soon as it resumed


Because that’s where the buyers and sellers lined up once it resumed? It often gaps up higher after a halt too.
Posted by el Gaucho
He/They
Member since Dec 2010
58383 posts
Posted on 10/22/21 at 1:22 pm to
This is just like where they halted the election and dumped a bunch of fake Biden votes
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18368 posts
Posted on 10/22/21 at 1:29 pm to
Remind me to never listen to this board again. Just a bunch of neckbeards trying to get rid of bags
Posted by jimjackandjose
Member since Jun 2011
6664 posts
Posted on 10/22/21 at 1:34 pm to
I made money but I hate they halted it.
Posted by deltaland
Member since Mar 2011
99912 posts
Posted on 10/22/21 at 1:37 pm to
I was being funny


Sometimes my sarcastic humor isn’t easy to detect
Posted by slackster
Houston
Member since Mar 2009
91268 posts
Posted on 10/22/21 at 2:03 pm to
quote:

I was being funny


Sometimes my sarcastic humor isn’t easy to detect


Gotcha.

I know the sentiment you expressed is popular on these highly speculative runs, so I wasn’t sure.
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
86271 posts
Posted on 10/22/21 at 2:06 pm to
quote:

Buy limit order - buys however many shares you state for the price you set at the limit or lower. You won’t purchase any stock over the limit, but may get it for cheaper.
This is what I did, and I did not know about: but may get it for cheaper. Yay me
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 10/22/21 at 2:36 pm to
quote:

Remind me to never listen to this board again. Just a bunch of neckbeards trying to get rid of bags


It was a great tip my friend. No one's fault you were too late to pull the trigger whether that was a buy or sell trigger. I and others made profit on this today.
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 10/22/21 at 4:53 pm to
been watching it this afternoon

it closed at $8.74 and dropped a lot as soon as after hours trading started.

an hour after closing its been hovering right around $6.05 - $6.10 or 30% off its closing price

it seems like weekend profit taking, and then it will go on another run monday after the word gets out to more trump supporters about it and i expect they will want a piece of this too, so its not too late to hop on the train if you are still on the fence.

we may have more fun in store with this stock next week
This post was edited on 10/22/21 at 5:13 pm
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 10/22/21 at 7:18 pm to
Thanks to OP for the heads up. Obviously I could have sold at 20+ but wanted a bigger score. Still happy with some easy money selling at 7.9 and 10.

I'll watch pre on monday and get in again if it starts to run.

I bought MARK AH with the PHUN money
Posted by DaTruth7
Member since Apr 2020
4043 posts
Posted on 10/23/21 at 8:38 am to
I got back in at 6.90. Hoping for one more DWAC/PHUN run Monday.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15717 posts
Posted on 10/23/21 at 7:43 pm to
quote:

The big players got theirs and left us with the short bag


Amazing how this all legal as long as the big boys are doing it to retail but change it to AMC and GME with retail sticking it to the big guys and all hell breaks loose.
Posted by Pezzo
Member since Aug 2020
2858 posts
Posted on 10/23/21 at 9:03 pm to
Did they anchor this one too?
Posted by DaTruth7
Member since Apr 2020
4043 posts
Posted on 10/24/21 at 9:14 pm to
Looking like this could be big Tom. Trending #2 on stock twits.
Posted by gatorsimz
cafe risque
Member since Feb 2009
8291 posts
Posted on 10/25/21 at 7:57 am to
anyone still holding? i still have the 1000 shares i got at 5.50 friday morning
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