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re: Stocks on your watch list

Posted on 3/11/21 at 10:03 am to
Posted by HagaDaga
Member since Oct 2020
7708 posts
Posted on 3/11/21 at 10:03 am to
So GOGO came out hot, and got up to around +14% in the first 30 mins, then it just going down to where it's -6.5%ish at the end of the following hour.

Thoughts on how/why it happened this way? I didn't get in. I'm currently just trying to learn to create a process plan.

Thanks.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 3/11/21 at 10:16 am to
I bought MDMP this morning half way on the run up at .42 and it's paying big time. Good lord.

ETA: I was tipped off to it on a penny stock discord I just joined this morning. Actually some good, reasonable discussion.
This post was edited on 3/11/21 at 10:18 am
Posted by cgrand
HAMMOND
Member since Oct 2009
48733 posts
Posted on 3/11/21 at 10:18 am to
a well-followed analyst dropped it on guidance
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78304 posts
Posted on 3/11/21 at 10:36 am to
CVSI below .60
Posted by HagaDaga
Member since Oct 2020
7708 posts
Posted on 3/11/21 at 11:01 am to
quote:

a well-followed analyst dropped it on guidance


I see. I noticed before closing Fidelity wasn't bearish short term on it, but Yahoo Finance was. Then I noticed at some point Yahoo moved to bearish short term. Must have been when that analyst came out.

Is there a good overall trusted Analyst news quick view or just everywhere as so many?
Posted by HagaDaga
Member since Oct 2020
7708 posts
Posted on 3/11/21 at 11:04 am to
quote:

bought MDMP this morning half way on the run up at .42 and it's paying big time. Good lord.


Aren't penny stocks riskier when it comes to selling them? Just thought it was something less buyers, so if you try to sell closer to what you are in at, your chances of getting them sold may have you lower.

Thanks..newb just trying to put it all together.
Posted by Swagga
504
Member since Dec 2009
19208 posts
Posted on 3/11/21 at 11:08 am to
quote:

a well-followed analyst dropped it on guidance




Boooooooooo


Out of curiosity, are you starting to worry about it? I know you’ve been a supporter of GOGO here before. I love the stock personally.
This post was edited on 3/11/21 at 11:13 am
Posted by cgrand
HAMMOND
Member since Oct 2009
48733 posts
Posted on 3/11/21 at 12:48 pm to
i'm down to 675 @ 11.50 on GOGO.
worth the gamble i thing in the long term

i like the company, i like the space, i like the potential and i dont think i'm in any danger of losing money
Posted by Swagga
504
Member since Dec 2009
19208 posts
Posted on 3/11/21 at 1:08 pm to
Yea I’m not going anywhere I was just curious your thoughts.
Posted by Ooh Wee Ooh
Member since Nov 2008
1519 posts
Posted on 3/11/21 at 3:05 pm to
Great to see the NASDAQ hold steady up 300+ for the day
Posted by igoringa
South Mississippi
Member since Jun 2007
12379 posts
Posted on 3/11/21 at 3:07 pm to
quote:

i'm down to 675 @ 11.50 on GOGO.


As you infer, if you are looking long term... a short term drop in price is actually quite beneficial with those convertibles out there with a $6 cash conversion. I missed the excitement this AM.... saw it as a leader on my board, then 20 minutes later a loser lol
Posted by cgrand
HAMMOND
Member since Oct 2009
48733 posts
Posted on 3/11/21 at 3:24 pm to
quote:

As you infer, if you are looking long term... a short term drop in price is actually quite beneficial with those convertibles out there with a $6 cash conversion

yes...the inference from the call today is that they will use another quarter's cash from operations to buy back some/all of the notes
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/11/21 at 4:03 pm to
Man, the rebound plays on SQ and FSLY have been money this week.

Looking for this to continue into next week
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 3/11/21 at 6:00 pm to
quote:

Man, the rebound plays on SQ and FSLY have been money this week. Looking for this to continue into next week


And APPS. I feel like APPS doesn’t get mentioned enough on here. Had an ATH of $94 on 3/1, dropped to $62 on 3/8, and closed today near $87. Some wild swings these last few weeks. Long APPS!
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/11/21 at 6:26 pm to
I day traded calls on APPS today. What a run!
Posted by TheChosenOne
Member since Dec 2005
18873 posts
Posted on 3/11/21 at 7:53 pm to
APPS has been a swing trader’s wet dream since August.
Posted by bass
Member since Oct 2016
4801 posts
Posted on 3/11/21 at 10:39 pm to
APPS has been great, I’m sitting on calls in the money. QS has also been an amazing swing trade, stock price was $38 a few days ago.
Posted by Allthatfades
Mississippi
Member since Aug 2014
9329 posts
Posted on 3/12/21 at 5:29 am to
Looks red today
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 3/12/21 at 7:49 am to
quote:

Looks red today


Tech bout to get clapped again. Yields rose overnight.
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
16299 posts
Posted on 3/12/21 at 7:56 am to
10 yr treasury rate shut up again above 1.6 in the dark hours of the night where this sneaky shite seems to happen.
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