APHA popped up 27% today

[Mindie333]

Thank you for explaining your ‘time machine’ process. How do you determine what the limit should be in general?

[SOL]

@sol Every since you posted your video on puts, my eyes have been opened to a whole new world. Lol. As an example, what would you suggest for a trade for INTC? Thank you!

A good way to start would be to ask yourself what are you willing to pay for the stock. So say you are willing to pay 55 for the stock then you could sell 55 put, or if you think 50 is a better deal you could sell a put with a strike at 50.

The idea is to get comfortable with this strategy, to the point that you hardly need any guidance, because you are happy with the deal. Selling puts is a great way of generating passive income but should only be done on stocks you would not mind owning.

[Budge]

@sol Every since you posted your video on puts, my eyes have been opened to a whole new world. Lol. As an example, what would you suggest for a trade for INTC? Thank you!

A good way to start would be to ask yourself what are you willing to pay for the stock. So say you are willing to pay 55 for the stock then you could sell 55 put, or if you think 50 is a better deal you could sell a put with a strike at 50.

The idea is to get comfortable with this strategy, to the point that you hardly need any guidance, because you are happy with the deal. Selling puts is a great way of generating passive income but should only be done on stocks you would not mind owning.

A suggestion: you could automate the process by using Gann Retracements. Take the low level of a stock and its high point and apply the following percentages to the difference. Gann used 23.6, 38,2, 50, 61.8 and 78.6.

Let's look at INTC. Using a weekly chart, we have a low the week of Oct 26 of $43.61. It makes a high the week of Jan 18 of $63.95. The difference is $20.34. Apply the percentages to that difference and then deduct from the high and you have 23.6% = $59.15, 38.2% = $56.18, 50% = $53.78, 61.8% = $51.38 etc.

On Jan 21, the price dropped to $53.3, triggering down to the 50% but not to the 61.8%. Have a look and see what you think.

[Mindie333]

@sol @triplethought @bulge - thank you for explaining the logic and I will investigate the ratio aspect. It’s quite interesting and helpful.

[jimwill]

Back to APHA...

The Wall Street Bettors artificially inflated the price for a few days (as high as $32), and now it is back down to earth (currently at $16). I wish I had treated it in the same way as SIEB, but I decided to hold instead.

Do others consider it a long term hold? I haven't seen any additional instructions from Sol.

[frenszisz8]

Same here, I held onto this (meanwhile sold out on SIEB) when it peaked. I would be also interested what's the recommendation for the rest of APHA given these developments.

[MarkD]

I missed the APHA trade so I have been in and out of TLRY and ACB a couple of times each. My guess is just that, but ACB is (last report I saw on NASDAQ.COM) heavily shorted so I feel it may have more ooommph left. Other reading says the next week is going to be choppy due to options expiry next Friday and Market Makers wanting calls to expire worthless on AAPL an AMZN. After that?

[AstuteShift]

I missed the APHA trade so I have been in and out of TLRY and ACB a couple of times each. My guess is just that, but ACB is (last report I saw on NASDAQ.COM) heavily shorted so I feel it may have more ooommph left. Other reading says the next week is going to be choppy due to options expiry next Friday and Market Makers wanting calls to expire worthless on AAPL an AMZN. After that?

ACB on the monthly charts look good

[Budge]

I missed the APHA trade so I have been in and out of TLRY and ACB a couple of times each. My guess is just that, but ACB is (last report I saw on NASDAQ.COM) heavily shorted so I feel it may have more ooommph left. Other reading says the next week is going to be choppy due to options expiry next Friday and Market Makers wanting calls to expire worthless on AAPL an AMZN. After that?

ACB on the monthly charts look good

My buy points on ACB would be $15.38 and $13.15 (I think both have been hit). If it reaches $11.35 load up.

[Triplethought]

Thank you for explaining your ‘time machine’ process. How do you determine what the limit should be in general?

I just use the listed market rate price (often somewhere between the ask and the bid). Since I'm looking to get in right away.

[MarkD]

TLRY has pulled back. It's another wild horse. I am looking to reenter around the blue dashed line.

https://ibb.co/FYQMMps

[Triplethought]

INTEL is still trading in the oversold ranges on the monthly chart and it's now attempting to build energy to test its highs. If it can close above 63 on a monthly basis, it will be in a position to put in a series of new highs.

People are underestimating INTEL. What is to stop INTEL from making a huge deal with TSM to make most of their chips but not the very high-end ones. INTC has more money than AMD, so it could do this to cut AMD's supply. Then it can flood the market with the mass-produced Chips and start a price war with AMD, buying it time to come develop its new line of Chips. INTEL might be in the position MSFT was in until the old dodos were replaced. However never over-invest in any play, no matter how great the outlook might look

A lawsuit brought Intel stock from $63.11 this morning to $61.23 as I write this. They are appealing and even if they paid the award it is only 1/2 of one quarter's worth of profits so not a huge deal

https://finance.yahoo.com/news/intel-to ... 20833.html

[SOL]

99% of these company lawsuits are rubbish. They should pass a law against frivilous law suits, either the lawyers go to jail or pay 10% of what they were demading.

As for this lawsuit as you state its not a big deal