FritzIam4IU Posted June 27, 2021 Report Share Posted June 27, 2021 18 hours ago, Seeking6 said: I sold an unopened box of 1979 football cards to a collector years ago when I needed $ after school for $650. The reason? The holy grail (Joe Montana) could be in there. I told him I don't want to know but after about 3 weeks I had to find out. It wasn't in there. Haha. I still have boxes and packs of unopened cards from roughly 79-84 range. Regarding making $ like you are. Lots of ways to do it these days. My cousin's friend started a business here in town by buying high end used (1-3 wears) of women's dresses/blouses,etc...and shipping. Buys a designer dress that retails for $900....he buys it for a $100 from Goodwill and sells for $300+. He's gotten so big now he flies to LA 6x a year to their Goodwill for the stars if you will and buys in bulk. You'd be amazed at the loot he's making. Keep up the card game. Good money it and like you said. It's fun. I think 81 was Montana rookie card. I think Ozzie Newsome was 79. That is still really cool. If you have 84 football cards unopened, I think it was Elway, Marino, and Dickerson rookies. I didn't have the patience to keep my cards unopened back in the day...I had to bust them all and see what I had. I still have a bunch of my older cards but most aren't worth much from the 80s. Most of the valuable stuff I have now is autographs/memorabilia. 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted June 27, 2021 Report Share Posted June 27, 2021 5 minutes ago, FritzIam4IU said: I think 81 was Montana rookie card. I think Ozzie Newsome was 79. That is still really cool. If you have 84 football cards unopened, I think it was Elway, Marino, and Dickerson rookies. I didn't have the patience to keep my cards unopened back in the day...I had to bust them all and see what I had. I still have a bunch of my older cards but most aren't worth much from the 80s. Most of the valuable stuff I have now is autographs/memorabilia. My mistake. Thanks. It was 81! Not sure why I thought it was 79. I always ripped open my day to day cards right away but my Mom had a knack for seeing value down the road. Always saved some boxes, cards,etc....for future value. My only question now is if I do open the baseball cards do I eat the gum? 1 1 Quote Link to comment Share on other sites More sharing options...
FritzIam4IU Posted June 27, 2021 Report Share Posted June 27, 2021 2 hours ago, Seeking6 said: My mistake. Thanks. It was 81! Not sure why I thought it was 79. I always ripped open my day to day cards right away but my Mom had a knack for seeing value down the road. Always saved some boxes, cards,etc....for future value. My only question now is if I do open the baseball cards do I eat the gum? I triple dog dare you to eat the gum ha. It was bad enough when it was the current year! 1 Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted June 27, 2021 Report Share Posted June 27, 2021 2 hours ago, FritzIam4IU said: I triple dog dare you to eat the gum ha. It was bad enough when it was the current year! Couldn't be that much worse. It had the taste and hardness of a pink roofing tile back then. 1 Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted July 1, 2021 Report Share Posted July 1, 2021 That's one small step for...me, I guess. I've studied and dabbled in the market over the last 10 years, but always on a cash basis. Earlier this week, I pulled the trigger and applied/converted one of my brokerage accounts to margin. I have zero intention of using the vast majority of that leverage. I mainly just wanted to be able to trade on unsettled cash. Well, everything finally re-settled today, and I pulled the trigger on my first extremely small but successful short sale. I've never done any hard drugs, but damn....that has to be what it feels like. Creating money from nothing....Even if it is just $1.60. 1 2 Quote Link to comment Share on other sites More sharing options...
13th&Jackson Posted July 6, 2021 Report Share Posted July 6, 2021 On 7/1/2021 at 1:58 PM, Zlinedavid said: That's one small step for...me, I guess. I've studied and dabbled in the market over the last 10 years, but always on a cash basis. Earlier this week, I pulled the trigger and applied/converted one of my brokerage accounts to margin. I have zero intention of using the vast majority of that leverage. I mainly just wanted to be able to trade on unsettled cash. Well, everything finally re-settled today, and I pulled the trigger on my first extremely small but successful short sale. I've never done any hard drugs, but damn....that has to be what it feels like. Creating money from nothing....Even if it is just $1.60. Just always remember that the potential loss on a long position is 100%, the potential loss on a short position is unlimited. Shorting has become very dangerous with the Reddit crowd. The stock prices of some really terrible companies can get bid up astronomically overnight. Be very careful with heavily shorted stocks. The short squeeze can be brutal and there may not be enough float to cover your short position. Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted July 6, 2021 Report Share Posted July 6, 2021 2 hours ago, 13th&Jackson said: Just always remember that the potential loss on a long position is 100%, the potential loss on a short position is unlimited. Shorting has become very dangerous with the Reddit crowd. The stock prices of some really terrible companies can get bid up astronomically overnight. Be very careful with heavily shorted stocks. The short squeeze can be brutal and there may not be enough float to cover your short position. I don't go anywhere near anything that's heavily Reddit-ed period. Those things have the volatility of 3 of 5fouls' ex wives. The stock I shorted is actually KMPH, which I mentioned above. Been long on it for about 6 months. But, it has an extremely reliable daily pattern. For the past 3-4 weeks, it takes a morning dip, hovers about 5-6% down until 10-11AM, then bounces. It's actually freaky how reliable it is. It's probably people doing exactly what I did. And yes, no big plans on using any of that leverage on a significant basis, I mostly just wanted to see the mechanics of it. All I really wanted the margin account for was being able to trade on unsettled cash without worrying about good faith violations. 1 Quote Link to comment Share on other sites More sharing options...
HoosierFaithful Posted July 6, 2021 Report Share Posted July 6, 2021 5 hours ago, 13th&Jackson said: Just always remember that the potential loss on a long position is 100%, the potential loss on a short position is unlimited. Shorting has become very dangerous with the Reddit crowd. The stock prices of some really terrible companies can get bid up astronomically overnight. Be very careful with heavily shorted stocks. The short squeeze can be brutal and there may not be enough float to cover your short position. Heck, I'm not here to short anything, I'm here to make profit off of what other people shorted vbg Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted July 7, 2021 Report Share Posted July 7, 2021 2 hours ago, HoosierFaithful said: I'm not here to short anything That's not what she said *ducks* 1 Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted September 15, 2021 Report Share Posted September 15, 2021 If you're up for a moderate gamble....IRNT. Similar setup to GME/AMC. 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted September 15, 2021 Report Share Posted September 15, 2021 30 minutes ago, Zlinedavid said: If you're up for a moderate gamble....IRNT. Similar setup to GME/AMC. Didn't that one pop already? Or are they seeing more off the $25 levels? I'm still knee deep in the AMC game...haha Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted September 15, 2021 Report Share Posted September 15, 2021 6 hours ago, Zlinedavid said: If you're up for a moderate gamble....IRNT. Similar setup to GME/AMC. Just wish I bought. Darn...58% days (close and after hours) are hard to find. Give the heads up if you see anymore of these plays! Great call! Quote Link to comment Share on other sites More sharing options...
FKIM01 Posted September 16, 2021 Report Share Posted September 16, 2021 I use this thread to run my investment management practice. ...well, this and the Bogleheads forum. 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted September 16, 2021 Report Share Posted September 16, 2021 19 minutes ago, FKIM01 said: I use this thread to run my investment management practice. ...well, this and the Bogleheads forum. Wish I did before I sold my mine. These ROI's could have been worth a tad more... Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted September 16, 2021 Report Share Posted September 16, 2021 9 hours ago, Seeking6 said: Just wish I bought. Darn...58% days (close and after hours) are hard to find. Give the heads up if you see anymore of these plays! Great call! There’s likely still room. All calls for the 17th are currently ITM, or if not are really close. Can’t remember if there were any at $45. Total for them all is about 7M outstanding shares…..and the current float is about 1.5M. Oops. This is the unique situation of being a relatively new former SPAC that someone happened to catch this for. A stock that’s been around longer, not as likely to happen since it’d have more eyes on it for longer. If it’s one of those situations that makes you think “That doesn’t happen….”, you’re right. But it has. 1 Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted September 18, 2021 Report Share Posted September 18, 2021 Squeeze got squoze. Volume wasn’t there. I bailed out at $29/share. Still wound up turning about 12%. Nothing life changing, but hey…beats losing. Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted September 18, 2021 Report Share Posted September 18, 2021 3 hours ago, Zlinedavid said: Squeeze got squoze. Volume wasn’t there. I bailed out at $29/share. Still wound up turning about 12%. Nothing life changing, but hey…beats losing. You see what AMC announced today with NFL Sunday ticket? In their theatres tomorrow. Something to keep an eye on. Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted September 18, 2021 Report Share Posted September 18, 2021 15 minutes ago, Seeking6 said: You see what AMC announced today with NFL Sunday ticket? In their theatres tomorrow. Something to keep an eye on. Wait….you’re on to something here…..thinking of AMC as an actual company instead of a trading instrument…..BRILLIANT! 1 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted September 18, 2021 Report Share Posted September 18, 2021 (edited) 1 hour ago, Zlinedavid said: Wait….you’re on to something here…..thinking of AMC as an actual company instead of a trading instrument…..BRILLIANT! It's actually funny. What started in mid January as a technical play has slowly (while earning 3-400%) turned into a fundamental play... Edited September 18, 2021 by Seeking6 Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted September 18, 2021 Report Share Posted September 18, 2021 58 minutes ago, Seeking6 said: It's actually funny. What started in mid January as a technical play has slowly (while earning 3-400%) turned into a fundamental play... Actually, I’d say more than one has. This IronNet company has some actual promise. They’re a cyber security firm, and their management is full of ex CIA/NSA types. Let’s say that their “true” market value is $30/share. That’s still only about 55-60% of what comparable companies trade at. 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted September 19, 2021 Report Share Posted September 19, 2021 1 hour ago, Zlinedavid said: Actually, I’d say more than one has. This IronNet company has some actual promise. They’re a cyber security firm, and their management is full of ex CIA/NSA types. Let’s say that their “true” market value is $30/share. That’s still only about 55-60% of what comparable companies trade at. Thoughts on Opad? When I see 30-40% pushes either way in 72 hours I know it's junk in terms of a stock....but I actually like the company. Tough to see where to get in. Maybe if it goes down to the $10-$11 range again? Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted September 19, 2021 Report Share Posted September 19, 2021 28 minutes ago, Seeking6 said: Thoughts on Opad? When I see 30-40% pushes either way in 72 hours I know it's junk in terms of a stock....but I actually like the company. Tough to see where to get in. Maybe if it goes down to the $10-$11 range again? Seen the ticker floating around but haven’t done any actual DD into it. From what I gather, it’s another converted SPAC that’s being touted as a squeeze. As far as it being a sustainable business….eh…..I wouldn’t get near their services with a 10 foot pole, but I’m always the outlier when it comes to consumer trends. I can see it having a place in this insane real estate market, but what happens when it cools? In a hot housing market, they can buy, flip and turn in what…maybe 60-75 days? Less than a quarter. What’s going to happen when those carrying costs start impacting more than one earnings report? Just something about it doesn’t sit right with me. I’d never use it personally, and I’d never buy a house that they had flipped. I also don’t use Facebook, but I understand it’s place in the market and have/do own shares. This one just doesn’t seem to have a secure place yet. 1 Quote Link to comment Share on other sites More sharing options...
Zlinedavid Posted October 14, 2021 Report Share Posted October 14, 2021 Gave into peer pressure. Dipping my toe into AMC. Told myself I wasn't going near anything WSB, but that double bottom chart is too tempting. 1 Quote Link to comment Share on other sites More sharing options...
NotIThatLives Posted October 14, 2021 Author Report Share Posted October 14, 2021 51 minutes ago, Zlinedavid said: Gave into peer pressure. Dipping my toe into AMC. Told myself I wasn't going near anything WSB, but that double bottom chart is too tempting. Is it going to pop again? Im still holding some. Waiting on my buddy to text me to sell sell sell bit as of right now it's hold. Quote Link to comment Share on other sites More sharing options...
HoosierFaithful Posted October 14, 2021 Report Share Posted October 14, 2021 still holding a few hundred AMC, would love a nice pop Quote Link to comment Share on other sites More sharing options...
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