That’s a nice $400,000 payday! I’m still amazed how you guys can figure this stuff out!
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Stocks
- Thread starter Boots
- Start date
Figure out what? I am up 7% six months after investing in something reasonably risky. That's not great.
I bought some vfv yesterday. Boring but reliable. I read one of bogle's books and he made some good points.
Was looking at yours and @Scuba Steve comments....but 20,000 shares at $5/each and sell at $20/each...good day.
The more important part is knowing WHAT to play/risk it on.
I need to follow up with my buddy today...see how his SHIBA is doing...should be down to about low $40k right now if my calculation is correct.
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Deleted member 50930
Guest
Bbby made me happy. I bought it as a meme stock
It could also easily end up losing it all. Currently only at a break-even point it should go up but may not.
Sent using a thumb maybe 2
Wow, incredible jump on that.
Wow...who knew Bed Bath & Beyond would jump like that...need to pay more attention to the meme stocks.
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Deleted member 50930
Guest
I bought it back in January(ish) with some profits from the other meme stocks.
Did not see this coming, 100% luck.
Yeah I've never seen a retailer see a jump like that. Not too sure this has any relation to it being a meme stock. At first i thought he meant Blackberry. I'm down 5 % and change on an earnings report from Charles River. Ugh. Was nice while it lasted. Been with them for over a year now, due to Covid, their business has been gangbusters and the market was very good to them...now finally a mediocre report and out come the guns.
The fun is over I think. If a new altcoin comes out with a name like...let's see.... Shitzu, I'm in like a dirty shirt.
Did you sell it at a good time? With the benefit of hindsight, there was an opportunity to quickly triple your money but if you missed it, you missed it and now you are in a position that looks like it is controlled by fundamentals again and that's not good for them (or you).
My buddy just sprinkled 500-750 per coin he liked. Some hit, some died, but overall he’s up.
Dammit, how come you have an edit button and I don't?
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Deleted member 50930
Guest
I am special ^_^
I am still long on GME hopping it will shoot into six figures
We need to talk about stocks more. Based apparently on our conversation here (as I can't find a better reason why), RECO is up 13% today.
Tidbit:
According to the filed complaint, during the class period, Reconnaissance Energy Africa Ltd. f/k/a Lund Enterprises Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) ReconAfrica's plan for using unconventional means for energy extraction (including fracking) in the fragile Kavango area; (2) ReconAfrica would begin unlicensed drilling tests; (3) ReconAfrica would illegally use water for well testing; (4) ReconAfrica would illegally store used water in unlined pools; (5) ReconAfrica would skirt Namibian law and hire an inadequate and inappropriate consultant; (6) as a result, ReconAfrica risked future well, drilling, and water-related licenses in Namibia and Botswana; (7) as opposed to its representations, ReconAfrica did not reach out nor provide adequate information (including in relevant local languages) through accessible means to those to be impacted by its testing and potential energy extraction; (8) ReconAfrica's interests are in the Owambo Basin, not the so-called Kavango Basin; (9) ReconAfrica has continuously engaged in stock pumping; and (10) as a result of the foregoing, Defendants' public statements were materially false and/or misleading at all relevant times
According to the filed complaint, during the class period, Reconnaissance Energy Africa Ltd. f/k/a Lund Enterprises Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) ReconAfrica's plan for using unconventional means for energy extraction (including fracking) in the fragile Kavango area; (2) ReconAfrica would begin unlicensed drilling tests; (3) ReconAfrica would illegally use water for well testing; (4) ReconAfrica would illegally store used water in unlined pools; (5) ReconAfrica would skirt Namibian law and hire an inadequate and inappropriate consultant; (6) as a result, ReconAfrica risked future well, drilling, and water-related licenses in Namibia and Botswana; (7) as opposed to its representations, ReconAfrica did not reach out nor provide adequate information (including in relevant local languages) through accessible means to those to be impacted by its testing and potential energy extraction; (8) ReconAfrica's interests are in the Owambo Basin, not the so-called Kavango Basin; (9) ReconAfrica has continuously engaged in stock pumping; and (10) as a result of the foregoing, Defendants' public statements were materially false and/or misleading at all relevant times
So Reco lied and was going to exploit an african country so a class action lawsuit was launched and that caused the stock price to jump? That doesn't make sense to me. It's up 15% on the day now.
"Levi & Korsinsky, LLP announces that a RECAF class action lawsuit has been filed on behalf of investors who purchased Reconnaissance Energy Africa Ltd. f/k/a Lund Enterprises Corp. (RECAF) securities between February 28, 2019 and September 7, 2021. For more on the RECAF Lawsuit please contact us today.
According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) ReconAfrica’s plan for using unconventional means for energy extraction (including fracking) in the fragile Kavango area; (2) ReconAfrica would begin unlicensed drilling tests; (3) ReconAfrica would illegally use water for well testing; (4) ReconAfrica would illegally store used water in unlined pools; (5) ReconAfrica would skirt Namibian law and hire an inadequate and inappropriate consultant; (6) as a result, ReconAfrica risked future well, drilling, and water-related licenses in Namibia and Botswana; (7) as opposed to its representations, ReconAfrica did not reach out nor provide adequate information (including in relevant local languages) through accessible means to those to be impacted by its testing and potential energy extraction; (8) ReconAfrica’s interests are in the Owambo Basin, not the so-called Kavango Basin; (9) ReconAfrica has continuously engaged in stock pumping; and (10) as a result of the foregoing, Defendants’ public statements were materially false and/or misleading at all relevant times."
Reco just has a token amount as a potential flyer. Everything else I hold is less dodgy. I normally follow buffets ideology. It is definitely a lot more volatile than anything else I own. 16% now.
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