Paul Mampilly’s 100x deal- sEASON 2Dear Friends
Let’s keep the group “Paul Mampilly’s 100x deal” going
Thank you
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In King ‘s weekly updates, he explains in detail what’s happening with the market. In this last update, he said that the incredible earnings of the tier 1 tech stocks (FAANG) are the beginning of a rally. This rally should continue into the second tier stocks like SQ, UBER and Z and then the smaller cap tech stocks should rally. Looks like our King and Mampilly stocks are finally getting ready to move upward. I find King’s explanation reassuring and will hold with “strong hands.”
For anyone new to this discussion, here is a link that I can relate to. It took me about 10 years to develop strong hands. 10 years of frequent mistakes. Now I’m old, slow, and methodical, which brings great investment results : )
Thanks to all here!
https://banyanhill.com/10-stages-of-strong-hands-where-are-you/
It also helps one to get good results when the whole market has been rising pretty much nonstop, with one big COVID dip, for the past several years.
Got a call from LTBR people today. There was probably an email I overlooked. Votes on approving BOD and shares number on books. I think she said moving from 8 to 13 million, needed for further growth. A good sign, I believe.
It’s good to increase the number of shares to raise money for growth. Bad for dilution. Just my two cents. I may be wrong.
Excel spreadsheet 1 of 2 – 05032021. Thank you everyone for your contribution and advice.
Excel spreadsheet 2 of 2 – 05032021
Did anyone buy the options? even buying them at low the ones with dates in June are 78% down like AMD/ CLDR. do you think these are a complete loss at this point or is there a recovery?
When the trades initially came out, I saw that the premiums moved quickly out of reach of the recommendation. After the companies started trading lower and I was able to get in at a lower premium than the recommendation, I jumped all in. Shame on me as they continued to tank and now I’m sitting on significant losses. Wanting to see if I could salvage any premium, I listed all of the option trades by dates and listed the greeks next to them. This at least provided time value and whether the delta had a chance to make up lost ground if the options started to turn around. Then I started using a probability calculator. This at least gave me a tool and took emotion out of the picture. I found using various historical and current volatilities, I could see if there was a chance of the stock 1) making it back to the strike price, or 2) making it back to break even with the premium paid. I found a couple with a 0% chance of probability. If there were no positive events, earnings upside surprises or analysts providing a target price to reaffirm a price higher than the strike price, I cut those first. I ranked the remaining options based on loss %, time value, expiration and probability. Plan on culling them to offset (hopefully) gains. Not getting much for them, but I can walk away knowing I have a methodology. The options have expirations and we really need a catalyst to create momentum. If anything I’m learning more about trading, learning more about what works/doesn’t work for me, and it motivates me to work harder on my future trades.
I’ve been a subscriber to Rapid Profit Trader since last august. Overall ~40 Winning trades and ~8 losing trades (mostly the current ones). Trying to keep all this in perspective I’m still up 120% in 8 months counting the almost complete losses that are open at the moment. I don’t think these trades will come back but who knows. but from my perspective, I’m still up over 120% after these losses and will continue moving forward. Sorry for the folks that started buying these in Feb and they have done nothing but tank.
I understood the risk when I invest in options and only invest capital I am willing to lose. I will keep my strong hands and hope we get back on track with a series of profitable trades. Between the two options services the 12 months results are very impressive even if that last two months have not been.
Sean
Did anyone buy the options? even buying them at low the ones with dates in June are 78% down like AMD/ CLDR. do you think these are a complete loss at this point or is there a recovery? NVTA is 95% loss
Options can shoot up or down on a dime. I am on the rebound profit and Ian last week said he is seeing a lot more volume in options then the last 2 months. Similar to January’s volume. They could be really discounted and you’ll make a profit. But only put in what your willing to possibly loose. I’m down around 90% on some options 95 on another but all over 50%. I trust the reason they send out buy calls and believe several will rebound with the potential of loosing 1 or 2
Hi DD, Chughes
Can you please review the PM Options listed in the above spreadsheet and let us know if there are any already sold positions in the list? If possible, can you pls provide the complete list of current open positions in Rapid&Rebound portfolios? Thank you as always!
Thanks,
Siva
The ones I can see from rebound are all still there. They are all down ALOT. They said they will hold them a lot longer since they don’t start expiring till July/August and later
Thank you!
VENKATESAN, for the 100x stocks, the percentages are inaccurate, are you updating manually?
Hello all: I’m sitting on some sizable losses in a number of positions. I’m all about strong hands, but also got hit with a whopping tax bill last year due to capital gains, so of course I am looking at doing some tax loss harvesting now while the cuts are so deep, but buying back in in 40 days because at the end of the day I still believe in PM’s services. Anyone care to help me pick which stocks to temporarily say goodbye to? All of these are down over 30%, but also, we are mid earning season, so if there were a pleasant surprise in the stocks I’d kick myself, but if there was a dump in the stock, I’d be congratulating myself ! Anyone care to comment or offer advice on which to temporarily remove from my portfolio? List is stock and earnings date (some estimated)
ADPT 5/5
AEYE 5/13
AFRM 5/10
AI 5/11
ARDX 5/7
BFLY 6/16
CMPS 6/16
DDD 5/10
EXPC 5/13
GBOX 5/27
HOL ???
IRTC 5/8
KNDI 6/4
MDLA 6/4
MSGM 5/17
POSH 5/12
RKT 5/31
SYRS 5/15
VYNT 6/23
WKHS 5/5
ZM 6/1
NNDM 5/13
SRAC 6/9
WWR 5/13
Selling is so hard. to me its the hardest part of the equation.
I will share with you a wash sale strategy that I use all the time.
I recognize some of the 3d printer names on the list. I would liquidate those names. IF you believe that sector is grossly oversold, I would buy PRNT , XONE or PRLB. So you are selling the other 3d stocks at a loss but buying other 3d stocks to replace. If you have a fear of missing out on a rebound, that is how I would play it. I am not saying dump your 3d stocks because they are bad. That’s up to you to decide. Those are just the ones I am familiar with. When the sector rebounds, the individual stocks will most likely rebound accordingly-some more than others.
Wash sale only pertains to the same security. I have even gone so far as to sale it in my taxable account and buy it in my IRA (that might be stretching it). It has always worked for me though.
Good luck
That’s good advice. Thanks.
I would not sell on a day like today , if I was you I would wait few more days when the market comes up and bear less loss .
Anywhere you look I realize is a downtrend temporarily. Im down 25% on STEM when i started since it was STPK. Yikes the SPAC didnt behave like other ones, so Im also down on my Calls. Im trusting back with the Stochs with it
Paul just released a a new video on how he picks his growth stocks, a little bit reassuring.
https://www.youtube.com/watch?v=8_NAXS59Wwg
or search for yourself on YT “Revealing My Secrets for finding growth stocks”
Paul just released a a new video on how he picks his growth stocks. I can’t post the link so search for yourself on YT “Revealing My Secrets for finding growth stocks”
Ian King’s Strategic Fortunes Buy Alert:
TPIC Buy Zone: $43 – $54 – $65
Hey all – an alert for IPO Speculator was sent on April 7, 2021 to buy back into FUBO, which is currently indicated as a sell on the latest spreadsheet. Also, if you own SHRMF in the “Secret” portfolio, the ticker has changed to BRAXF as of May 5th.
Ugh… The pain is real my friends. Can’t believe people are still selling at these levels…
Maybe we need a new discussion board that says “Season 3”. I’m over season 2!
Last 3 Months, My Overall Portfolio is down by almost 45%. BOP Still. By August, we should be all back and see the graphs up. This is such a great learning curve for all of us.
All of the option plays are underwater for me.
Thanks Siva, I’m right there with you at almost 45% exactly as well. I hope you’re right and we turn this around soon.
I agree with Silly Rabbit that this has been a stealth correction in ‘America 2.0’ stocks. The first time Paul’s stocks have done this while the overall marker has been hitting highs. Hopefully this shook out some weak hands and we see some upward movement comes back.
Personally I’d plea people to stay away from Doge, but I won’t get into that here. It is only a personal opinion and I’ve certainly been wrong on it so far.
The reddit crowd has sold their stocks to get into doge, up 14000% in 3 months and supposedly when Musk mentions the name on SNL its going to go well over a $1. Between Musk and now Cuban taking Doge for Mav’s transactions, its making alot of reddit doge millionaires and many are following with their $. The rockets are all aiming towards the moon. Its value way up there, i believe its more than most companies in the S&P 500 and everyone is waiting for SNL.
Doesn’t it seem foolish to be chasing it though. I was thinking of an entry when it dropped last week around 0.30. but didn’t and now it’s 0.60. wish I was on the other side of this market for these last few months.
I think a WallStreetBets token was just recently issued, under WSB
Whats SNL?
Musk is hosting Saturday Night Live- to many of the reddit investors(gamblers) he is the messiah and Saturday nite will be his prophecy for doge. Once he tweeted gamestonk GME took off.
LoL!
Saturday Night Live.
Absolutely…someone mentioned here that this is a stealth correction. From how my portfolio is performing, I believe it. The benchmarks (spy, Dow, nasdaq, qqq, iwm, etc…)are definitely not telling the whole story.
But knowing many investors whom are way more successful than myself are still BOP, keeps me optimistic.
I missed that abrev, whats BOP? Tnx in adv
Bullish Optimistic Positive
Can someone answer a question on wash sales? My tax advisor says to avoid them. So if I bought shares of a stock 5 weeks ago at a high price, then a week later I bought more shares at a lower price and 2 weeks later, I bought more shares at an even lower price, will I have wash sales if I sell everything now for a loss.?
Thanks
Most brokers do a good job of explaining this rule, here’s Schwab’s: https://www.schwab.com/resource-center/insights/content/a-primer-on-wash-sales
I’m not a tax expert, but if you’re selling it all and don’t buy back within 30 days you shouldn’t have a wash sale issue, I don’t think — it gets tricky if you don’t sell it all, because then the shares you bought a couple weeks ago come into play — you’re not allowed to sell and buy back the shares within 30 days to harvest a tax loss unfairly, even if the “buy back” is before the sale. 30 days before to 30 days after the tax-loss sale is the forbidden zone for “buying back” the stock.
In the scenario you outlined, no, a wash sale shouldn’t arise (only if you turn around and buy back that stock)
As Travis said, Wash sale events occur when you sell a stock, and buy it back within a short period (trying to lock in a loss only to try and get gains again shortly laterr). Even though its a “forbidden zone” its just forbidden in terms of using that loss at tax time, and impacts your CGT calculations. You can’t take the loss at tax time, but it will go back into your cost basis. Depending on which broker you use, you should be able to see the wash sale adjustment calculations in your reports. If you do have wash sales, it should be identified on the 8949 report and be part of the 1099 calculations reported by your broker to the IRS.
In addition to the Schwab explanation, TD Ameritrade have a good explanation and some videos explaining how it works as well.
https://tickertape.tdameritrade.com/personal-finance/tracking-wash-sale-rule-taxes-16180
If your broker doesn’t offer all of these detailed reports , you’ll have to be a bit careful at tax time if you’ve been trading in that manner.
ZUO: Part of PM’s EF: Teased by Banyan Hill’s Charles Mizrahi for 1000% in 5 years
The dip were experiencing in this past weeks could be SEASONAL PATTERNS as explained by my chartists from StockCharts.com: https://youtu.be/UsNmMgzMye0 They submit such report tho, after the facts have occured already, not before they occur. Interesting tip, but yeah next time
Very strong Cleanspark results:
https://finance.yahoo.com/news/cleanspark-inc-reports-quarterly-financial-232000044.html
Exciting OCX news: https://www.streetinsider.com/Corporate+News/OncoCyte+%28OCX%29+announces+pathway+for+future+Medicare+reimbursement+coverage+may+have+been+created+for+TheraSure+Transplant+Monitor/18375681.html
Please excuse that I’ve been posting these random lengthy comments on here a few times over the past couple weeks, partly because I think I have found it therapeutic for myself… but I am hoping that the past couple rough days was a bottom in the growth names. I have not been in the market too long (4-5 years), but I was feeling this week similar to how I have in the past during downturns. Like the investment world is ending, maybe my decisions in the stocks I’m picking is all wrong, etc. Typically, those times of mental breakdown have been the times that things start getting better.
Looking at things with a fresh perspective today. Seeing the jobs numbers from this morning and the reaction of the yield was really strong for the growth stocks we’re in. I have a feeling we’ll look back at some of these prices a year from now and wonder why we were not buying things up. (For me I guess it is just because I don’t have any money left, haha). Similar to how I feel about companies like EXAS and TWLO (the second is not a Paul stock anymore) when I saw them dip to the 60s and 70s last year because of COVID.
I’m not talking as much about the speculative stocks (100x). But great innovative companies Paul has recommended like ADPT (at $35), ABNB (sub-$150), BYND ($110), TDOC/remember they aquired Livongo too (sub-$150), etc. When I look at the opportunity in some of those I feel like this will be a time looked back on months or years from now when ADPT is approaching $100 or the others are $300+ companies that are still posting great growth rates after they’ve already established themselves as the next wave of profitable juggernauts. The news is beating up BYND meat today, headlines are saying they were “burned by COVID restaurant trends” and the CEO said it has been a “Slow thaw”. It is amazing because I listened to that call and the C-suite team is SO FOCUSED, they are truly exceptional. And the CEO also said “I have never been so optimistic about this company” which was not in any articles you read. My personal opinion, but mark my word that will be a huge winner a few years out and it has less to do with ones personal taste for the food than the larger problems they are solving around protein consumption.
Just wanted to bring this fresh perspective to anyone who might be joining the board recently as I realize it has been a lot of doom and gloom lately. Also, Ian King posted his Strategic Fortunes update yesterday and had a couple really good lines. In summary he said, [We are in a bear market in some of these stocks. In solar stocks, EV, SPACs, this is a bear market. We had a drop, then some chop, then another pullback again. And a bear market will do anything possible to not only separate you from your stock, but make you feel like you never want to invest again… they wear you down.]. He, like Paul wants people to stay in and at the end of the video says “It is always darkest before the dawn.” He also talks about how it is a good thing that the averages are still going up because it shows this is just a sector rotation, and what ends up happening is that eventually money rotates back after value ends up looking expensive and growth looks cheap.
For anyone who doesn’t have his service, it is only about $100 for the year and I think he presents a really good outlook to compliment Paul. They both tend to recommend the same types of stocks so I don’t think they’ll contradict each other much, but his way of looking at things is a bit more granular than Paul which I like.
I’ll stop my rambling now, good luck all and talk again next week!
Thanks for posting your thoughts. It’s helpful to share the pain and the hope with others going through the same situation. Paul is so BOP but he is on the outside (not invested in the stocks he recommends to us). However, I do trust his judgement and am hanging in there.
King’s stock recommendations and updates are worth the cost of his service.
you bring up a valid point. “share the pain”. That’s why it is important for me to find the companies that have strong insider ownership- means their financial interests are aligned with mine. It consoles me to know the folks running the show have skin in the game.
Marissa, Where do you get the idea Paul can not invest in these stocks he recommends. He states everywhere that he is not advising us to invest but giving his opinion of where things are going. He puts out a newsletter and as far as I can determine that does not preclude him from investing in these same stocks. in fact it would not make sense for him not to. We do not pay him to invest for us so he is not responsible for what we do with the information he provides. I have not read anything stating that he does not invest in these stocks. On the contrary i believe he does.
Someone correct me if I am wrong.
His publisher, Banyan Hill restricts him, and I can only assume it’s other editors, from personally owning stocks he recommends. This avoids any conflict of interest. He quite often reminds folks of this in his weekly video updates.
TY , SOMEHOW THAT HAS GONE WHISHING RIGHT OVER OR RIGHT THROUGH AS THE CASE MAY BE.
He has said during videos that he is not allowed by his publisher to invest in his recs. This has been stated in his discussions of launching a crypto service, and trying to work out a mechanism, I suppose, to have the service and still buy his own recs, or continue holding them.
He’s talked about checking his crypto each morning, and the big moves, as has Ian D.
These are great time’s to be working on your game plans. I personally am kicking myself a bit for not peeling back more in February/March. We all knew the stocks were overheated, but afraid of missing out on a continuing up trend. I did take some off the table, but not nearly enough —- and I knew better but let my optimism prevail over my good sense.
Hanging in there now. Paul will prove right, but it’ll be hard to bear through it.
Made a “note to self” about those peak moments, to be more cautious. Hope my future self listens!
I’ve been adjusting/diversifying into some crypto — IK service being something of a guide. Although it’s an investment that makes me a bit uneasy, seeing the institutional money pouring in, I don’t want to miss the ride. So, charting a cautious path trying to identify those best poised to offer value, and grow. Right now ETH, ETC, AAVE, UNI, ADA and holding some BTC for good measure. IK has some great intro vids in his Crypto service.
The platform issue still bothers me. I don’t want to be trying to do taxes from 6 different platforms.
Try using Koinly for taxes. It can link up on most platforms and generate tax returns. Without something like that I agree it can be a right pain
After so much success in other PM services, I started trading options back in July 2020. I’ve currently got 20 open positions all at a loss. (close to 70% down overall). It is ugly. If I sold it all right now I’d be up about 20% overall. (46 straight winners until this run of red ink) If I let every one of those options ride into complete loss, I’ll be down a few thousand. If I can just break even, I will have doubled my money in about a year.
Honestly, I don’t have the stomach for options anymore, LOL. 2% of my overall portfolio but I check them 3-4 times a day. Crazy, I know.
Does anyone have experience with Gate.Io for crypto? I’m looking to add this year’s IK’s recommendations , AUDIO, BOND and MIR.
Picked up some DOGE for the outside chance Musk mentions it Saturday and I can make a quick trade. I’m also nervous about crypto, however, the more mainstream attention it gains, and just about every sector getting involved, I see great potential. Only investing funds I can afford to lose, but never want to lose:-) I’m BOP !!
I bought some DODE for the same reason! Maybe the redditites can make something happen. TTR, I guess we are dreamers!!!
That’s exactly what I’ve been trying to do these past few days! Gate.io is proving to be quite a challenge since they don’t take FIAT. The obvious choice would be to purchase USDT (tether) in an exchange that does take FIAT (Binance, Kraken, AnchorUSD) and then send that to Gate.io so you can use to purchase BOND, AUDIO, and MIR. However, the withdrawal fees for USDT and the transaction itself makes that extremely expensive. Would not recommend. After some research it’s looking like a low fee and fast alt coin on its own network is the solution. Purchase ALGO or NANO, send it to Gate.io, sell those on Gate.io for USDT, then purchase BOND, AUDIO. It’s been working great for me. Hope this helps and saves you some crazy fees!! 🙂
Thanks . Quick questions:
1. By BOND, do u mean Barnbridge or bonded finance , both have ticker BOND.
2. Also by MIR do U mean Mir Coin or mirror protocol?
Hi Vik
Yes IK’s recommendBOND BarnBridge, and MIR is MIR Protocol .
Sounds like a logical plan, I own some Bitcoin and can transfer that to buy the alt coins, I was just wondering if anyone has experience using Gate.Io .
Fingers crossed Jeff!
On another note, just wondering what effect Biden’s breaking of the Moderna patent will have on the stock and PM’s recommendation to buy, any thoughts on this all?
Happy trading!!
Patent protections are a Constitutional right. It won’t happen, unless the companies voluntarily give it up or are coerced to give it up.
Thanks for the reply DevilDog132, I certainly hope so, I hold some patents of my own and this kind of government intrusion scares me.
Keep an eye on URG. I mentioned it at the end of the week before last. If it crosses 1.56 it could make a larger move.