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written by reader Paul Mampilly’s 100x deal

By backoffice, April 8, 2020

I listened to a sales pitch last night for over 1 hour that was geared to Paul Mampilly’s Banyan Hill suckers and was waiting for the 3 stocks that would pay returns of at least 100x or better ,
what I got at the end was an opportunity to sign up for the service for $10,000 for life. With that you would get at least 1 tip a month at minimum and pay a yearly fee for maintainence. The time frame for these returns could be anywhere from 1 year to 8 or 9 years, He gave some insight into the 3 picks he was talking about but no ticker symbols. They are all micro-caps and 1 had a patent for blood testing without the need of collecting blood without a needle. Did anyone else catch this pitch or have any idea of who it may be? Thanks Travis, he says he’s looking at Micro- caps worth 300 million, have enough capital for 1 year,experienced executives with a track record, gross margins of at least 20%, and a unique service

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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barkerooney
Member
barkerooney
March 2, 2021 6:26 am

Anyone picked up IK’s ‘MaaS’ (Mobility as a Service) teaser? I’m assuming it’s not RTP (Joby Aviation/SPAC reverse merger as he mentions this in the AF tease). This whole concept is of interest although in my mind commuters will still need to get to the ‘MaaS port’ in order to catch a ride. ..

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barkerooney
Member
barkerooney
March 2, 2021 1:10 pm
Reply to  barkerooney

Well that was well timed, President Gumshoe has worked his magic on the very same!

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outsider
March 2, 2021 3:22 pm
Reply to  barkerooney

vldr is what he is pitching – see Travis post today for far more insight than I have

Last edited 3 years ago by outsider
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Lazut Inku
Member
Lazut Inku
March 2, 2021 4:46 pm
Reply to  barkerooney

Anyone with AF subscription please confirm if VLDR is the correct ticker that IK is teasing as MaaS? Also if VLDR is part of AF, when was it added? Thanks!

lacasaless
lacasaless
March 2, 2021 7:41 pm
Reply to  Lazut Inku

Not sure about AF, but I did see it listed in the Home Run section of “The Bauman Letter” portfolio, added on 02/16/2021.

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Lazut Inku
Member
Lazut Inku
March 2, 2021 10:27 pm
Reply to  lacasaless

The teaser takes you to purchase AF subscription. So it must be part of AF portfolio or soon to be added there. If VLDR is not in AF (the last ticker added in AF was MP on 2/10), then we may need to wait and see. VLDR is likely to be a good stock, but may not be the teased one by IK.

Lazut Inku
Member
Lazut Inku
March 3, 2021 9:10 am
Reply to  Lazut Inku

In all likelihood, this is IPV that IK added in NEF in December. IPV is the SPAC company for AEVA which makes nextgen LIDAR.

Sam
March 3, 2021 12:23 pm
Reply to  Lazut Inku

Velodyne Lidar VLDR 03/01/2021 $16.11

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peppeurso
peppeurso
March 3, 2021 12:35 pm
Reply to  Sam

Is this a buy or PM sold ?

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Michael Price
Member
Michael Price
March 3, 2021 12:44 pm
Reply to  peppeurso

IK buy not PM

777777
Member
777777
March 3, 2021 1:39 pm
Reply to  Sam

Which newsletter?

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Carolinaboyp
Member
Carolinaboyp
March 3, 2021 2:12 pm
Reply to  777777

Automatic Fortunes

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DevilDog132
Member
DevilDog132
March 2, 2021 10:25 am

Sell alerts in TM this morning; ARNA and SWCH.

Sell alert in EF CLVS.

Spoon7007
Member
Spoon7007
March 2, 2021 10:32 am
Reply to  DevilDog132

Thanks DD!

2getrisbetr
2getrisbetr
March 2, 2021 10:49 am
Reply to  DevilDog132

Thank you!

Lazut Inku
Member
Lazut Inku
March 2, 2021 11:52 am
Reply to  DevilDog132

Thank you, DD132

Jojo
Guest
Jojo
March 2, 2021 12:03 pm
Reply to  DevilDog132

Is PM is selling these at a loss or profit? based on is alert buy date.

Mags
Member
Mags
March 2, 2021 12:50 pm
Reply to  DevilDog132

this is interesting, one newsletter (Breakthrough Wealth) which Travis covered have this as microcap stock for 1000% gains, and on PM, it’s a sell. . . interesting to see how this stock perform long term – https://www.stockgumshoe.com/reviews/breakthrough-wealth/1-micro-cap-stock-for-february-teased-whats-up-with-this-1000-gains-starting-february-22-pitch-from-behind-the-markets/

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777777
Member
777777
March 3, 2021 12:15 pm
Reply to  DevilDog132

Wow CLVS came and went fast eh. I think that was a good call on his part.

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TradingHaze
TradingHaze
March 3, 2021 2:05 pm
Reply to  DevilDog132

DevilDog132 can you please confirm the BUY Alert for TM of AVAV today, Mar 3, 2021? Per calculatedrisk comment below. Much appreciated!
“calculatedrisk
March 3, 2021 11:55 am
Reply to Lazut Inku
Actually, ages (at its lowest form of 2 years) would have returned a 100% gain as it was $75 two years ago (March of 2019). I always go with Paul’s recommendations, but I think he might end up being wrong on this one. It’s a really solid company and is going through some consolidation.

He also sold NBIX today, which I think he might be wrong on as well.

Lastly, he bought AVAV today in True Momentum.”

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DevidDog132
Member
DevidDog132
March 3, 2021 4:20 pm
Reply to  TradingHaze

Confirmed.

TradingHaze
TradingHaze
March 3, 2021 5:52 pm
Reply to  DevidDog132

Thanks much!!

TradingHaze
TradingHaze
March 3, 2021 3:16 pm
Reply to  DevilDog132

DevilDog123 Can you please confirm the following post by Sam and let us know what service VLDR was added to? Much appreciated! Again!
Sam
March 3, 2021 12:23 pm
Reply to Lazut Inku
Velodyne Lidar VLDR 03/01/2021 $16.11

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DevilDog132
Member
DevilDog132
March 3, 2021 4:09 pm
Reply to  TradingHaze

P’s Secret portfolio.

Added 7/7/20; $16.65;.

Ian King added it to AF on 3/1/21 at $14.72

cacurmar2013
cacurmar2013
March 3, 2021 4:54 pm
Reply to  DevilDog132

Today a class action suit was filed against VLDR, does that concern anyone or does the low price make it more of a buy?

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TradingHaze
TradingHaze
March 3, 2021 5:57 pm
Reply to  DevilDog132

Thanks again! I don’t think VLDR is on the current group Excel sheet for PM Secret. I assume it should be added as he hasn’t sold in Secret, right?

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DevilDog132
Member
DevilDog132
March 2, 2021 12:06 pm

Just a bit of news to interpret how you might.

Just got three notices that higher-ups at LTBR made disclosures to the SEC re: their purchase of shares.

I view this as a good sign that they are investing their own money, however, if they were selling shares, I would not necessarily think it a bad sign, just that they may be taking profits like the rest of up.

I view these purchases as a bullish sign for LTBR.

specter
specter
March 2, 2021 1:00 pm
Reply to  DevilDog132

According to Yahoo finance, it was stock grants. Could be part of their comp package. I checked two different insider websites for direct purchases and nothing populated. Insiders own 4% of the company stock-again this is from Yahoo Finance. It also appears the shares were granted at the end of Jan. 2021.
I didn’t read any plans for them to sell their shares, that can be construed as positive.

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specter
specter
March 2, 2021 1:03 pm
Reply to  DevilDog132

My apologies, thanks for the information. You are an excellent resource.
I personally love it when insiders purchase their own stock.

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777777
Member
777777
March 3, 2021 4:19 pm
Reply to  DevilDog132

Internal share purchases? At what price?

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DevilDog132
Member
DevilDog132
March 2, 2021 12:08 pm

SLGG up over 20% today. Yesterday this was out, so maybe this explains why, as I am not seeing other news.

Super League Gaming initiated with a Buy at Maxim Group; tgt $6
Briefing.com – 1:03 PM ET, 03/01/2021
. Maxim Group initiates SLGG with a Buy and price target of $6. Analyst Jack Vander Aarde noted, “Super League Gaming participates in the large and growing casual eGaming market. Super League has built a large user base in amateur eSports gaming and is in the early innings of monetizing, in our view. The company has developed key relationships with popular games, venues, and sponsors. We expect growing revenue streams from advertising, sponsorship, micro-transactions, and subscriptions. From a small base, we project revenue growth of 94% in 2020, then more than doubling in 2021 and 2022. The company ended 3Q20 with $10.3M in cash and $1.2M in debt (PPP loan); this has been supplemented by ~$20M gross equity raises in January and February 2021. We anticipate SLGG will fund operations organically in 2021, but will likely need to raise capital in 2022.”

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yoggii
Member
yoggii
March 2, 2021 3:08 pm
Reply to  DevilDog132

DD
Thanks for all your incredible info!!!
I can buy one position today, would you give the nod to SLGG, LBTR, or PSTG?
Thanks!

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DevilDog132
Member
DevilDog132
March 2, 2021 5:35 pm
Reply to  yoggii

Right now, I like LTBG, but anticipate this not to really take of for a year or two.

SLGG I suspect will have sooner big gains.

Only an opinion from a lawyer, but that’s what I see.

yoggii
Member
yoggii
March 2, 2021 5:50 pm
Reply to  DevilDog132

Thanks!
Your lawyer is my FA:)

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rada44
rada44
March 2, 2021 6:14 pm
Reply to  DevilDog132

Hi DD132, just to clarify in my mind, are you referring to LTBG new stock or LTBR. Thanks for all your generosity and comments

DevilDog132
Member
DevilDog132
March 2, 2021 7:11 pm
Reply to  rada44

Geez, sorry about that. Lightbridge, LTBR, the nuke fuel company.

They don’t make these iPhone for old folk.

rada44
rada44
March 2, 2021 7:30 pm
Reply to  DevilDog132

No worries here. I can relate as I have bigger fingers and poorer headlights (eyes).

outsider
March 2, 2021 3:49 pm
Reply to  DevilDog132

LTBR close to 15% volatility EOM (moves .8 a day) and testing support at 16.02 …wait for 17 .25 as first buy signal ~ 2 weeks

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777777
Member
777777
March 3, 2021 5:57 pm
Reply to  DevilDog132

Because earnings are coming out on the 11th. Seems the market thinks it’s going to be good.

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Tsunami
Tsunami
March 2, 2021 1:57 pm
Reply to  Jj hold

Agreed. Game changing tech.

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Seto
Member
Seto
March 2, 2021 2:14 pm
Reply to  Tsunami

The timing of which tsunami responded to JJ, leads me to believe JJ is an alt account of tsunami or vice versa. Both were engaged in the same negative activity telling people to sell everything.

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Jj hold
Guest
Jj hold
March 2, 2021 2:26 pm
Reply to  Seto

Nope. we’re just friends and talk shop. Is it not ok to agree or disagree in this discussion regarding pm stocks.

Seto
Member
Seto
March 2, 2021 2:45 pm
Reply to  Jj hold

There’s a difference between agree/disagree and to blatantly lie about a recommendation for everything to be sold. I won’t be responding to you anymore, just wanted to point out the shadiness between your two accounts.

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Jj hold
Guest
Jj hold
March 2, 2021 2:53 pm
Reply to  Seto

You’re being ridiculous. Let’s keep this professional and help each other an informative video was shared on a recommended stock. I believe that as well as others sharing they’re opinions are part of this chat. Chill out and move on.

lotus_fantasy
March 2, 2021 2:55 pm
Reply to  Jj hold

I agree with you seto.
Jj if you will just troll with this thread we would really appreciate you just leave. This topic has been very educational for newbies like me. No offense but we don’t need people like you in here. Thanks!

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outsider
March 2, 2021 4:08 pm
Reply to  Seto

I think its more that nndm is a pump and he was here with friends from wsb spreading the word

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quant
quant
March 3, 2021 4:42 am
Reply to  outsider

Despite of trying to like NNDM I unfortunately feel similar about the stock.

Time will tell.

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DevilDog132
Member
DevilDog132
March 3, 2021 6:03 am
Reply to  outsider

Not sure what jjhold’s motive is here, but NNDM, I think, may be the first to 100x. The tech seems to me to take the chip-making process to a much higher level, and I loved hearing the CEO talking about it bringing chip production back from China to the US and Europe.

I’m not selling it short. It’s one of my largest positions.

quant
quant
March 3, 2021 7:14 am
Reply to  DevilDog132

My thoughts:
a) there’s no fundamental reason for NNDM’s stock having risen as much as it has last year. At least I haven’t found any. In other words, its valuation is outrageously high (‘bubble territory’)
b) ARK’s endorsement has certainly been a positive sign. However, let’s remember that ARK is in desperate need of investing its cash in new target stocks – naturally lowering the bar for entries
c) taking advantage of rising share prices makes sense; I see the dilution more as a positive than negative sign

It’s my third-largest PM100x position (after SLGG and LTBR). I am trying hard to like the stock and originally FOMO’d at a $14 share price because I liked the company’s (not: stock) story. I’ll give it another quarter but by summer they must have put their raised money to good use – otherwise I’m out due to opportunity costs. NNDM may well succeed in their business, but they will have to do exceptionally well in the next years to even warrant their current share price ($9-something). Foreign competition is quickly gaining traction in both chip and 3d-printing sectors and I am not sure NNDM can build a strong moat before its too late.

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DevilDog132
Member
DevilDog132
March 3, 2021 7:39 am
Reply to  quant

Did you watch the CEO’s recent video posted here? They have a pile of cash, on an acquisition hunt for synergistic small companies, and they have a pretty good model for generating cash-flow. If you’ve not watched that video, it’s worth the time.

I’ve tried twice to get in on share offerings of NNDM with Think Equity. The big $ comes in and boxes the little guy right out.

And you gotta remember, these 100x are not short-term plays. PM rec’d this under a dollar. I think I got in at $.79, and it’s been a mover since the start.

Tsunami
Tsunami
March 3, 2021 2:07 pm
Reply to  DevilDog132

Hey DD
I appreciate all your insight, my question is if pm is holding, doubling up or selling these
NNDM
WWR
LTBR

I totally get long term but no news on these really. I like NNDM and LTBR but WWR?

Thanks man

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DevilDog232
Member
DevilDog232
March 3, 2021 2:24 pm
Reply to  Tsunami

PM is not going to give guidance like you ask. There will be a buy order and then a sell order. He does not suggest other buy times or double-up times, rather recommends you equal weight your portfolio and have a minimum of 5 positions.

These three you mention are all small caps and will be volatile.

Watch the CEO of NNDM posted on her a day or so ago. It’ll get you excited about holding the stock.

LTBR, they have been announcing government partnerships, patents, we’re in early but no revenues so to speak for years. Certainly a longer term okay. See the PowerPoint on their website for investors.

WWR, graphene play — US is already pushing doing greater mining of our own rare earth minerals so as not to be reliant on the Chi-Coms. Look at PLL in this regard too (which I think was an IPOS rec).

Tsunami
Tsunami
March 3, 2021 2:42 pm
Reply to  DevilDog232

I agree about NNDM and am considering adding to the position as I’m the one that posted the video here
I get that pm doesn’t I guidance, more of a discussion between the two of us. I’m 60% in cash right now anyway so just looking for a couple good ones while things are down. I follow 25-30 of my own watchlist at a time but new to the pm stocks. I appreciate the info.

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DevilDog132
Member
DevilDog132
March 3, 2021 3:21 pm
Reply to  Tsunami

Another one that I think is going to move quickly is SLGG. It just had two big days. This gaming as social/competitive thing, I think will get kegs quickly. And young people are into it and “addicted” to it like corn syrup.

CGIX is new to 100x, so maybe a good time to start a position getting in early on one.

777777
Member
777777
March 3, 2021 6:05 pm
Reply to  DevilDog132

When did CGIX come out?

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Carolinaboyp
Member
Carolinaboyp
March 3, 2021 6:17 pm
Reply to  777777

2/25 100x it was trading around 6

doctor_bb
Member
doctor_bb
March 3, 2021 6:36 pm
Reply to  777777

25th of Feb. See VEN’s spreadsheet updated on 28th of Feb

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YP
YP
March 3, 2021 6:41 pm
Reply to  DevilDog132

Is there any news.?. it’s moving too fast up.

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doctor_bb
Member
doctor_bb
March 3, 2021 6:53 pm
Reply to  YP

Assume you’re asking re: SLGG. Up 40% after hours as well… I had it on my to buy list but missed this run. I can’t find any obvious announcements. Earnings are due 3/11

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kapphx
March 3, 2021 8:31 pm
Reply to  doctor_bb

Huge volume today so …

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kapphx
March 4, 2021 4:22 pm
Reply to  kapphx

And even more crazy volume today. This one is now purely a Redditt/Yahoo meme stock.

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quant
quant
March 4, 2021 2:59 pm
Reply to  doctor_bb

There’s been rumours that GME is getting ready to buy them to enter the eSports market.

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DevilDog132
Member
DevilDog132
March 3, 2021 8:01 pm
Reply to  YP

All I saw was an analyst giving it a price target of $6.00.

Lazut Inku
Member
Lazut Inku
March 4, 2021 3:17 pm
Reply to  DevilDog132

Great idea to get-in early on CGIX. It is down to $5.20 today. Time to load some more 🙂

Doc
Irregular
Doc
March 2, 2021 3:33 pm
Reply to  Jj hold

Thank u for sharing the video. I picked up some shares after watching it. Game changing tech indeed!

Lazut Inku
Member
Lazut Inku
March 3, 2021 9:25 am

FSLY (part of TM) , the stock that PM had a Buy, then a Sell and then a Buy in Nov-Dec 2020 is now at a low $70. This seems to double-up in 3 months and then scale-back to 50% value and then rise again. This is now at a good entry point.

Dave
Member
Dave
March 3, 2021 11:02 am
Reply to  Lazut Inku

Thanks for highlighting this I may well take another position should the daily MACD and Momentum indicators give the signals. RSI is showing oversold. Previous levels of support seem to be in the region of $64 / $63. I may well set a buy limit at $63 in case there is a sudden dip and reversal. I did note the announcement regarding Convertible Senior Notes.

biggainshunter
Member
biggainshunter
March 3, 2021 9:42 am

Two recommended buys from PM’s PU.
Although these have been flash alerts in the previous two weeks a published article explains why. Sony has built a concept EV, well I say built, it was actually built by Magna in Austria Graz. Plenty of updates on the web under Sony Vision S. Both Sony and Magna are recommended buys.

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specter
specter
March 3, 2021 10:02 am
Reply to  biggainshunter

I jumped on MGA and it has done well over the last few weeks.

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jeffreyl
Member
March 3, 2021 7:10 pm
Reply to  specter

I added to MGA today

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Yogi
Member
Yogi
March 3, 2021 10:05 am

Sorry, I know it’s not a PM stock, but does anyone have info on SENS?
Thanks!

Robby
Guest
Robby
March 3, 2021 10:50 am
Reply to  Yogi

I don’t but PM just recommended selling SGEN from PU

Lazut Inku
Member
Lazut Inku
March 3, 2021 10:50 am
Reply to  Yogi

SENS is in EF.

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Yogi
Member
Yogi
March 3, 2021 12:07 pm
Reply to  Lazut Inku

Thanks.
I see it now.
You guys are amazing.

DevilDog132
Member
DevilDog132
March 3, 2021 8:11 pm
Reply to  Yogi

It is a PM stock. I think it was in EF. I got it originally, maybe two years ago, sold it out when I was clearing dead wood. I think I lost 50%ish on it. I also put it in my son’s portfolio, and overlooked dumping it when I did. It then shot way up.

I just checked. It’s still in EF.

barkerooney
Member
barkerooney
March 3, 2021 10:30 am

PU sell alert: Sell Seagen Inc. (Nasdaq: SGEN) at the market price.

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Lazut Inku
Member
Lazut Inku
March 3, 2021 10:48 am
Reply to  barkerooney

Glad he sold this. It was stagnant for ages.

calculatedrisk
Member
calculatedrisk
March 3, 2021 11:55 am
Reply to  Lazut Inku

Actually, ages (at its lowest form of 2 years) would have returned a 100% gain as it was $75 two years ago (March of 2019). I always go with Paul’s recommendations, but I think he might end up being wrong on this one. It’s a really solid company and is going through some consolidation.

He also sold NBIX today, which I think he might be wrong on as well.

Lastly, he bought AVAV today in True Momentum.

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Peter Fanuele
Member
Peter Fanuele
March 3, 2021 12:43 pm
Reply to  calculatedrisk

What usually happens is PM will get back into the stock once he finds another buy point.

specter
specter
March 3, 2021 12:52 pm
Reply to  calculatedrisk

I have followed AVAV for years . It is a very well run company. tons of cash. They were into everything from drones to wind turbines on skyscrapers. I haven’t heard why PM likes them, but I will definitely listen intently.
On a side note, this Friday the employment numbers will be under a magnifying glass. I assume there will be some volatility (either direction) depending on how the market interprets the data.
Remember, this is a VERY UNIQUE market/economy. This is only the third time that we have earnings expansion, Fed stimulus, and an improving economy. It is a very limited statistical data pool, but the other two times the market dis well……very well.
Point I am trying to make, is if you are a long term investor, don’t let them scare you away. Don’t fight the Fed!!

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greenpops
Guest
greenpops
March 4, 2021 3:59 pm
Reply to  calculatedrisk

any new trade alerts in TM today?

Robby
Guest
Robby
March 3, 2021 10:47 am

Sell SGEN – Paul’s action form PU

TradingHaze
TradingHaze
March 3, 2021 2:10 pm

Anyone and Everyone: Anyone know what happened to our friend kds3605? I sure miss them! Sorry if I missed an update about this member but have to say, they have helped many of us SO much. Pretty new to this site so maybe there is way I can reach out to them directly? Thanks everyone here that posts alerts!

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777777
Member
777777
March 3, 2021 6:06 pm
Reply to  TradingHaze

Agreed. I also miss the spreadsheets posted by Van.

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doctor_bb
Member
doctor_bb
March 3, 2021 6:38 pm
Reply to  777777

You mean VENKATESAN? They’re still posting (god bless). Last updated sheet was less than a week ago on 28th of Feb

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Lazut Inku
Member
Lazut Inku
March 3, 2021 7:20 pm
Reply to  TradingHaze

Last week @ said he been busy with meetings. He is still around 🙂

doctor_bb
Member
doctor_bb
March 3, 2021 6:46 pm

There are a lot of active new members (which is great) joining in on the conversation here, increasing the # of posts. Noticed quite a few double up on questions, or q’s about information that is in previous comments. As a tip for new members, I suggest if you’re going to post a question about a particular stock, that you do a quick comment search using the ticker symbol to see if someone has asked the same question in the last few days. Also worth checking @VENKATESAN’s posts to check his latest update sheet. (hint: search excel). And thanks to those who put so much effort into keeping the information flowing

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Kiwistock
Kiwistock
March 4, 2021 5:00 am

Devil Dog 132
Thank you for the information on NNDM. I can see it has a lot of support to hang on to this stock but I notice the price has dropped. Can you point me to the video location for NNDM?
Does this mean anything for a long term holder?
thanks in advance.
Kiwistock

Kiwistock
Kiwistock
March 4, 2021 5:10 am

I found the video!, again I say thank you for the posted information.

greenpops
Guest
greenpops
March 4, 2021 2:57 pm

Sell alert BPMC & ZYME – Paul EF

Lazut Inku
Member
Lazut Inku
March 4, 2021 3:12 pm
Reply to  greenpops

Thanks for the alert

DevilDog132
Member
DevilDog132
March 4, 2021 2:59 pm

Okay folks, everyone is likely taking it in the shorts today. Don’t let your emotions take over. Fight the urges you may be having.

The NASDAQ is down 10%, meaning it is in correction territory. At a minimum, hang tough. As PM would say, you have to have strong hands.

I just took a look at things, and this is my biggest dollar loss I have ever experienced in one day in my portfolio. Still, you have to act contrary to the emotions. My lunch break was spent assessing that it the 100x group might have the quickest and largest bounce out of this correction. My gut is saying it is MARA. This one hit a high of $46-ish. It was at $30-ish today. That is about 40% off of its high. This Canadian bitcoin miner mines a coin at a cost of about $1200. Bitcoin a little off its highs at $49K today. Ian Dyer, Paul’s guy, was predicting Bitcoin hitting $150K by August. Musk and the guy from Microstrategy starting a trend of corporations holding Bitcoin. I suspect this trend will grow, perhaps exponentially, driving demand for bitcoin up. Can the astronomical predictions of a $400K Bitcoin come true? This is what is going through my head as I am deciding what to pick up more of today.

And I did. Got a big chunk of MARA, with the hope I can catch a quick rebound and take profits on today’s investment and then get my position back to my normal holding.

Anyone else making any plays today that might be interesting?

Or, anyone think that this is foolish and the market has a lot more correcting to do?

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SillyRabbit
March 4, 2021 5:23 pm
Reply to  DevilDog132

I’ve been averaging down, haven’t sold any positions yet. Even though some of the picks are 50-70% down from the recent top, its difficult to pull the trigger to double/triple/quadruple down for a bounce.

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greenstreet
Member
greenstreet
March 4, 2021 6:19 pm
Reply to  DevilDog132

The past couple of weeks have been brutal. I have been averaging down in small amounts on selected 100x stocks but it does not feel good. It feels like a bit of a gamble. Will we regret not cashing out and is the the beginning of a rotation out of richly valued tech stocks to more value stocks are the big questions for me and only time will tell. It is difficult to see the upside catalyst in the market right now with the bond yields going up. I guess we will see how good Paul is. Buying the dips has been a good move in a bull market but will not be a smart strategy if valuations are stretched and if we are entering a bear market. I have not sold a 100x and have added to quite a few including 3 D printing stocks in 100x , EF and PU. Also in some crypto which has been holding up better. For me at the moment my gains have been halved but it must feel much worse for those who have got in recently. Good luck to all.

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Trade2Win
Trade2Win
March 4, 2021 6:21 pm
Reply to  DevilDog132

As always thanks for your insight. Luckily I have big chunk position on SLGG at average entry of 3.62. I sold half at 8.50 and did rebalancing by buying stocks from PM recs that were down close to 20% – MARA CLSK OPTT NNDM CFMS

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jackslade
March 4, 2021 6:37 pm
Reply to  Trade2Win

Hey T2W – just curious what made you decide to go big in SLGG initially (apart from PMs rec). I’m trying to refine my DD process and while I assume no one expected 3x in a week, it still would be helpful to know what I might’ve overlooked that could have elicited a stronger bet. Cheers -jack

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Trade2Win
Trade2Win
March 5, 2021 2:03 am
Reply to  jackslade

Part of it is just pure luck . I like this company a lot so I decided to buy 2.5X my standard allocation. My intention is to trade this stock for a 20 % gain target timing my entry from 61.8 FIBS retracement bounce coupled with tech indicators. But then after I bought it I received an email promotion from a penny newsletter pumping Esports penny stocks featuring SLGG. Also, I saw the comments from Reddit about the rumor with possible GME acquisition so I decided to cancel my 20% gain target limit order and to hold it longer . I’m glad it work in my favor.

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2getrisbetr
2getrisbetr
March 4, 2021 3:16 pm

PU buy alert:Palantir Technologies Inc. (NYSE: PLTR)
CURRENT PRICE RANGE
$22.82 to $26.78

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big tuna
March 22, 2021 9:37 am
Reply to  2getrisbetr

The Wall Street Bets Reddit group swinging into PLTR. They can move markets on posts.

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SillyRabbit
March 4, 2021 3:25 pm

The drawdown from these last 2.5 weeks has been brutal especially for the 100x/secrets portfolio picks. Surprisingly FB, MSFT, GOOGLE were all green today. These microcaps are hard to value and so much more volatile.

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DevilDog132
Member
DevilDog132
March 4, 2021 4:33 pm
Reply to  SillyRabbit

Toughen up, you want a big winner you get bigger volatility and risk. 100x still has big winners, even after this correction — that we all knew was coming.

As for me, I went more in, on MARA in particular. This is just an event, and you have to ride it out.

Sam
March 4, 2021 4:42 pm
Reply to  DevilDog132

Marathon’s Bitcoin Mining Fleet to Produce Approximately 1.4 EH/s by the End of March

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Sam
March 4, 2021 4:47 pm
Reply to  DevilDog132

Marathon’s Bitcoin Mining Fleet to Produce Approximately 1.4 EH/s by the End of March
https://ir.marathondh.com/press-releases/detail/1228

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arnold55
March 4, 2021 7:42 pm
Reply to  Sam

Marathon should behave a little differently, but it doesn’t. Should behave more like the cryto it mines (and does it keep any now a la MSTR or TSLA) than just a stock is what I have noticed. I got in early, so will stay in Marathon and plan to add to my position because NASDAQ can go down more tomorrow and into next week, but at some point when BTC goes higher people will decouple MARA from other stocks. You see, part of crypto as an asset class means that it should dance to the beat of its own drum to some extent.

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glelwer
March 4, 2021 7:49 pm
Reply to  DevilDog132

One way to play MARA or RIOT is to do covered calls on drawbacks. Buy 100 shares (1 option) and create a Covered Call for Apr 16 (current MARA example below). 25-30% instant returns. Boring strategy for a retired person(me). So get $950 instantly for a callout at 32 buying at 32. If it keeps below 32 (you keep the stock), do another Covered Call in Late April for May or June. Downside MARA might go to $100. Upside your breakeven is 22.5. You keep your $950 either way. Just an option.

MARA 31.96 32.00 9.50

jeffrey furlong
Member
March 4, 2021 9:28 pm
Reply to  DevilDog132

TY I hold DDD GBTC WER SSYS,QUARVO, STM, MGA SRac PRLB, AEYE,FCEL,NNDM, ( down 20k on that one alone)and SQNS. Wanted to just play NNDM, after I took 10k off the top. I got carried away , bought PU , and not realizing they are all 1to 3 year plays. If I was religious I would be praying. you know how much I am down.

DevilDog132
Member
DevilDog132
March 4, 2021 9:45 pm

Maybe it’s time to get religious.

Hang tough. Strong hands. April is historically the best month in the market.

jeffrey furlong
Member
March 4, 2021 9:20 pm
Reply to  SillyRabbit

I have meNever lost so much money in my life today I was down another 20 K I’m really getting scared

jeffrey furlong
Member
March 5, 2021 3:05 am
Reply to  SillyRabbit

Boy do I feel silly losing money EVERY day. 3weeks ago I said”I’ll give it another week. I have never put myself in this position before. It’s just true , cry and you cry alone

DevilDog132
Member
DevilDog132
March 5, 2021 4:46 am

Jeffrey, back during the covid dip a lawyer friend of mine panicked, sold everything on 3/23/20. Probably the worst day to sell. At the same time PM was telling his services to have strong hands, it’s a V-shaped recovery. I personally went against the fear, bought hugely on margin, and watched the V-shaped recovery play out to my advantage. My friend list half of her $, mines tripled in my trading account.

PM is still Bold, Optimistic and Positive (BOP). He’s been saying we can’t expect the uniqueness of 2020, but “our stocks” he’s bullish on.

If you’re losing sleep, you’re putting too much on the table. But you have to control your emotions, and often invest contrary to them.

The stories about inflation, interest rates — yeah, guys smarter than me.

But think of where this economy is:
-COVID getting under control
-Businesses re-opening
-Travel restarting
-Tourism restarting
-Pent up consumer spending
-More stimulus checks in pockets
-Shelves being restocked
-America 2.0 just getting started
-Finance sector shifting to crypto
-etc., etc.

It’s three weeks, maybe a few more, but April is historically the best month in the market.

Fight the fear!

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moana1
Member
moana1
March 5, 2021 11:47 am

until you sell you have not lost anything; you sell now; you truly will loose

Doc
Irregular
Doc
March 4, 2021 3:58 pm

SLGG is on a tear!

cacl18
Member
cacl18
March 4, 2021 4:09 pm
Reply to  Doc

So was TTOO back in Feb 8th with +240% growth. Now it has come down a lot since then.

Sometimes I wonder if to sell at a historic high to re-enter at a later date.

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wendy9233
Irregular
wendy9233
March 4, 2021 4:20 pm
Reply to  cacl18

TTOO is taking off after hours!!!!

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golong
Member
golong
March 4, 2021 4:15 pm

Reddit users are pumping SLGG after Gamestop’s CEO tweets a cryptic photo of an ice cream cone with a frog emoji caption (relates to Ann Hand, SLGG’s CEO). They’re thinking it = signs of a possible acquisition. Wondering if I should take short term profits during the pump and buy in again once the hype dies down? Newish investor (in it for the long run, following the rules of the game), never have had real experience with Paul’s recommendation to take profits on the way up. Any advice would be appreciated. Thank you!

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SillyRabbit
March 4, 2021 5:12 pm
Reply to  golong

Sometimes we need to really decipher what information shared here is true and what is just spam. SSLG is not even in the list of most discussed tickers from Reddits daily polls. *Swaggystocks

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SillyRabbit
March 4, 2021 5:14 pm
Reply to  SillyRabbit

*SLGG

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DevilDog132
Member
DevilDog132
March 4, 2021 5:19 pm
Reply to  golong

I would not be taking cues from emojis and cryptic chatroom chatter — unless of course you are just looking for excitement. As many people got burned on the GME show as made money. I strongly suspect that got started by a small handful of people who bought in, and then coordinated their efforts to create the event, and they no doubt cashed in, while many others along for the ride got burned.

I was surprised to see SLGG move like that this week, and it very well may be a group driving the price up. But I like the company business ideas too (although I know it will prey on peoples’ addictions).

On the last couple of 100X ones, I took initial positions that were 1.5X my standard position for these stocks. I have been doing this hoping that instead of having cash sitting in the account, I would use this cash in a new rec, hoping for a short-term game. Then the plan was to take out the .5X and its growth so that I would be back to my standard position in the 100x stock. I did that today with SLGG, so had a 100% gain on a part of my original position. (Of course, it then went up even more.) Hindsights 20-20.

Listen to Paul. Equal weight. Have strong hands. The strategy works, and to think any of us non-professionals are going to outthink these daily market moves (whose got the time), is just wishful thinking.

Just some advice from a lawyer, who also has no idea what he is doing but tripled his money with PM in 2020.

onlystonks
Member
onlystonks
March 4, 2021 6:20 pm
Reply to  DevilDog132

Some great advice there, DD. Thank you for sharing!

jeffrey furlong
Member
March 4, 2021 9:35 pm
Reply to  DevilDog132

Hi DD I am thinking of selling half or so of some of my PM picks to even them out, and to have some cash. Like I have 12 k in some but 3k in others. To get equal weight. Hate to sell any that is down more than 25-30 %. Hate to ask but what’s your take on my situation please.

DevikDog132
Member
DevikDog132
March 4, 2021 9:49 pm

Hang tough. It’s just a bad couple weeks. We have a volatile market and volatile stocks.

Hold, hold, hold.

But then, what do I know. I’m just a lawyer.

jd_sak
Member
jd_sak
March 4, 2021 10:38 pm
Reply to  DevikDog132

DevikDog132??? fake account ???

DevilDog132
Member
DevilDog132
March 5, 2021 11:45 am
Reply to  jd_sak

No, just bifocals and haste.

lotus_fantasy
March 4, 2021 10:30 pm

They said this low might keep going on since the Fed keep decreasing the interest rate. What I did is pull all my earnings and cut my losses. My gain 50% beginning of feb. then when all of this started 2nd week of Feb Im down to 18%. Then this week Im down to 3% gain. Im about to hit negative. I really like all the 100x. But with this market right now I can’t afford the risk.

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quant
quant
March 4, 2021 7:06 pm
Reply to  golong

I sold at $7.60, a 130% gain, and don’t mind if the stock keeps climbing. Just in case it comes back down to earth I have a limit order set at $4.20 for my initial investment amount.

This is not what PM recommends, but he could not have seen the GME-related boost coming (as long as he is not in it himself).

Ultimately it’s up to you what investment strategy you choose. I chose to use the profit on this one to invest in my higher conviction stocks after the recent downtrend.

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