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Anybody here do options on this? I’ve never done options. I’m trying to wrap my head around it. Can anybody explain? And what would be a good strategy if I wanted to bet on this going to $40 in the short term.
Didn’t want too but sold at $35.60. Profits were too good. Looking to re enter shortly. I shoulda waited a few minutes. It cut through that like a hot knife through butter! Watching for bounce.
Omg
It’s looking great. Wonder where it’s gonna level off or finish today. Cash cow!
Testing $34!
Whole sector is green again today. No pun intended. Aurora posted a great report. Up over 12% today. All time high and blue sky breakout. Mind You i sold most of what I have on Aurora to buy Canopy. Except for like 55 straggler shares that never went through with my sale. So they’re still making me money lol. Diversified! But that sale money has served me well over here!
Back to the days of Green!
Kerblammo!!!! What an open
Boom! Check out that pre market action.
Up nicely after hours. Should be up pre market tomorrow. $30 is going to be resistance and sell target for many I think.
Absolutely! Probably not for a little while. But definitely by Q4. I wouldn’t be surprised to see a correction soon.
End of day run up! Let’s close at HOD!
Damm I tried. Kept getting away from me. When she moves she moves!
Koboom. What an open. Wish I woulda had more ballz yesterday and threw down. Congrats All
I’m expecting a pullback at the open. I have cash ready for bounce. If not, oh well, base shares can just keep making me money. Really would like to see it consolidate here, if even just for a day or 2.
Roku shares skyrocket as sales crush Wall Street estimates
Roku posted a narrower loss than Wall Street estimated, thanks to better-than-expected sales in its first earnings report as a public company.
The streaming technology company went public in late September in a $252 million IP
Roku shares popped more than 20 percent after hours on Wednesday after the company posted a narrower loss than Wall Street estimated, thanks to better-than-expected sales in its first earnings report as a public company.
Adjusted EPS: 10 cents loss, excluding items, vs. loss of $1.37 expected by a Thomson Reuters consensus estimate.
Revenue: $124.8 million vs. estimate of $110.5 million by Thomson Reuters consensus
The streaming technology company went public in late September in a $252 million IPO. The company's fortunes have risen alongside services like Netflix that have moved TV viewership online, often using devices made by Roku. Netflix also reported better-than-expected financial results last quarter.
Roku saw a 48 percent year-over-year increase in active accounts, and a 58 percent year-over-year increase in streaming hours. This quarter DirecTV Now and Hulu Live were added to the Roku platform.
Roku is also in the process of expanding its advertising business to better monetize its viewership. The advertising business has more than doubled in size year-to-date, the company said, and Roku makes about $12.68 per user, up 37 percent from a year ago on a trailing 12-month basis.
The company predicted it could break even next quarter, before interest, taxes, depreciation, and amortization, if it performs on the high end of estimates.
Great write up!
Roku: Ready For Takeoff $ROKU
http://www.seekingalpha.com/article/4122653http://www.seekingalpha.com/article/4122653
Hell ya! I took a position today too to gamble on the Q3. Had a good feeling about it. It flew after hours. Can’t wait for tomorrow to see where it opens and how hard it runs. Should cruise. Prolly going to be a lot of selling pressure early. Buy people were shorting that stock hard. Squeeze time! I’m hoping that it has a positive impact on VIVA. It did when ROKU IPO came out and skyrocketed.
Nice report! I took a position today at 18.80 to gamble on the Q3 results. Had a good feeling. I literally bought some at the top $28, intending to flip it while it was running. And have ended up holding it since then, And have watched it painfully go downhill. This makes up for it and then some. I’ve been wanting to average down at the right time and then hold a long position. With Christmas around the corner, the Q4 shouldn’t disappoint. Congrats All.
What are everybody’s thoughts about the open tomorrow? Gap and run hard? Could be a lot of selling pressure early.
Small dip eod. But no real crash. I think it’s promising. Serves as consolidation at this level. See what the last 10 Min brings.
Same. Starting to stabilize. Heading upward again. I posted a long synopsis last night what I thought the possible outcomes would be this morning. I was cheering for people taking yesterday’s dip as a buying opportunity. But wouldn’t be surprised to see it fall pretty hard. Looks like we’re gonna stabilize around this level which is awesome. I’d love it if we consolidated a bit and continued upward, maybe a little slower as to discourage aggressive flipping and end of day or week sell offs. Good luck!
What time is the news coming out today?
Tug of war going on here. Looks kinda shaky.
First time in a long time. I would think it will be pulling back shortly.
Back up we gooooooooo
Sure, ideally if it’s gonna pull back, sell while the runs ending, try to nail the bottom, reload, get more shares. The whole buy low sell high thing LOL. I also never time it right. But basically I’m willing to buy whenever I feel like the momo is hot. Some might be for a shorter trade. I have my base shares now that I intend to hold on to for the long haul. Not as low as lots on this board tho. Like. When i bought more at 16.05, I really only intended to keep them till 17. Then thought I’d try for 18s. Then it was like, screw it. They’re part of my base shares now LOL. But for tomorrow or next couple days. Knowing that there is a 10% increase between the current price and the High, I’d be willing to keep throwing down on it. I like 10% all day. Only reason for not being willing to do it is if I believed that today was the highest it’s ever gonna go. And I highly doubt that. Anyways , we’ll see what tomorrow brings. If it’s looking strong early on and there’s no bloodbath at the Bell, I’ll be getting me some more. If not, we’ll hope to peg a bottom and get maximum shares out of it. Good luck to all.
Hoping that opportunity was this dip and that’s that. I’ll keep buying at this level if we’re gonna keep running. Tomorrow will be very interesting.
WEED closed up 2.01 percent on Tuesday, November 7, 2017, on 4.68 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
https://canada.swingtradebot.com/equities/WEED
I’ve been trying to decide what its gonna do tomorrow. Correction vs continue the run. I feel like a correction is due after this massive run up. But it all comes down to why the plunge at end of day. Day trader sell off? Profit taking? Stop losses triggered? Shorts? I could easily see this going either way at the open. It might just fall off a cliff and plunge down to who knows what level. Or people could view this pullback as the buying opportunity and entry they’ve been waiting for, and we’ll see huge buying pressure in the morning. I think there’s gonna be a bull/bear tug of war first thing. And we’ll see who comes out on top. But either way wouldn’t surprise me. Honestly, the more I write, the more I realize I have no idea what it’s gonna do tomorrow. But whatever it is I think it’s gonna be significant either way. We haven’t really established much of a base anywhere up here. Little in 16’s, 13’s. So it’s really hard to say where bottom will be if she decides to head south. For everybody’s bankrolls sake, I’m cheering for the run to continue. ONWARD AND UPWARD
GLTA
I was planning on getting into the HORIZONS ETF. But what’s the point, they’re all the stocks just gonna mimic Canopy trading. Gonna trade almost identical, but with overall less gains cause it’s diversified over 10 companies. Might as well just trade WEED if it’s gonna be the Alpha
And the ETF HMMJ
It’s crazy that Aphria and Aurora mimic Canopy trading. Canopy runs. They run. Canopy dumps, they dump.
Whoa. There’s the dip. Tight through 21
Predictions for the close? I’m hoping over HOD. Like $2.75. But my guy says just over $21.
Unreal!!!!! WEEEEEEEEEEEEEEEEED
Don’t see where the $20.75 trade is on the chart. But from where I’m looking, new HOD $20.46 Sooooo sick
I sold a bit at $20.10. Might sell more in anticipation of a pullback and get em back then. If not, can always buy em back for more. This run has been amazing. And I agree with your comment on the 9 day Constellation deal. I’m gonna watch closely the rest of the day and decide what to do.
I’m currently invested in Canopy, Aphria, Aurora. Amounts in that order. This ETF caught my eye. Obviously the whole sector is on fire right now. But I’m thinking about consolidating my stocks and jumping in here. But I’ll still hold some Canopy just cause it’s the Alpha Weed stock and has paid me so good already. Chart looks good. Great day today! Mind you hard not to have a good day when every Weed stock is up 10% lol.
I know it’s not running because of the upcoming Q. I was more wondering what people’s thoughts were on what the markets reaction to it will be. All this hype, attention it’s getting. Wouldn’t be surprised to see a selloff when the Q doesn’t show $500,000,000 in revs like some might be expecting.
What a CLOSE!!!!!!! Wow I made so much money today.