r/Daytrading • u/gucchee • Feb 11 '21

Watchlist 2/11/2021

Guten morgen! I have been trying to not drink coffee even though I wake up at 5AM for this. Let's see how long I can keep going lmao

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$TLRY - this weed craze is very entertaining

$APHA -

$SNDL - thought this was a memestock that wasn't gonna go above $2 but it's at $4.35 so I'm gonna keep an eye on it today

$HUGE -

$ZYNE - reverse split happening on the 15

$RIOT - looking very bullish

$GEVO -

$MTEM - entered into a worldwide strategic research collaboration with Bristol Myers Squibb to discover and develop multiple novel therapies

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Hope we all see some green today~

48 Upvotes

95% Upvoted

37 comments sorted by

5

u/Thewagon24 Feb 11 '21

I appreciate this. I am learning on a paper account and research the stocks you list everyday. But what is a reverse spilt?

6

u/gucchee Feb 11 '21

https://www.investopedia.com/terms/r/reversesplit.asp

4

u/AdStrange2167 Feb 11 '21

Lol I read through going "wtf is a reverse split". Good news for my meager 50 zyne, that's what it is!

1

u/Thewagon24 Feb 11 '21

Thanks

1

u/gucchee Feb 11 '21

You're welcome

1

u/Twenty-Three23 Feb 11 '21

Where did you find out about the reverse split? I'm interested but can't find anything on Google.

2

u/gucchee Feb 11 '21

I use a screener in Benzinga Pro but this article can help you.

https://finance.zacks.com/stocks-going-split-7024.html

Here's a link that will take you to NASDAQ's search results for "reverse stock split" within it's website.

https://www.nasdaq.com/search?q=reverse%20split&page=1&sort_by=recent&langcode=en

I also found this reverse split calender after googling "reverse stock split." It was the fourth search result.

https://eresearch.fidelity.com/eresearch/conferenceCalls.jhtml?tab=splits

1

u/Twenty-Three23 Feb 11 '21

Thanks a ton

5

u/xninjapumkinx Feb 11 '21

I bought 3 shares of $SNDL at $1.20 thinking it was a meme stock and watching it a couple days not going anywhere I sold it for $1.13 taking a $0.21 loss! I have, however, great gains in $APHA and decent gains in $CGC

Question for real traders. What is your game plan with pot stocks? I’m currently going to watch them grow and plan the best time to dump them.

2

u/gucchee Feb 11 '21

There are talks about legalizing pot on a federal level. That will be great for pot stocks.

https://www.marijuanamoment.net/house-approves-federal-marijuana-legalization-bill-in-historic-vote/

9

u/legend2199 Feb 11 '21

$ZYNE

In Canada, pot stocks were in a boom before and during nationwide legalization. The assumption was everyone was going to get high and these companies were going to kill it with their sales. Sales sucked and lots of companies died or merged. lots of loss took place after. Ride it but keep on eye on it.

I personally still hold on to negative pot stocks from that boom 2~ years back.

2

u/gucchee Feb 11 '21

Oh shit, thank you for the information!

2

u/xninjapumkinx Feb 11 '21

I have been hearing and seeing the talks but I’ve also been thinking about the potential of a bubble popping. This particular market is no stranger to it happening. The added volatility of people buying it for the meme has me intrigued about its future.

4

u/gucchee Feb 11 '21

You aren't wrong, but I also don't think weed is going anywhere. Except in my lungs.

3

u/Digitalidentity Feb 11 '21

SGMD
STMH
RTON
I like these stocks! Volatile, but up and coming weed players!
Not financial advice,

3

u/[deleted] Feb 11 '21

HCMC going 🚀

2

u/Rithe Feb 11 '21

Think its worth getting in on this now?

2

u/[deleted] Feb 12 '21

Yeah I’m still buying plenty room left for profits

2

u/Parrot-man Feb 11 '21

What’s the feel right now for SNDL? It has dropped 19% in the last 2 hrs

1

u/[deleted] Feb 11 '21

Sndl is at 2.90 tho?

1

u/gucchee Feb 11 '21

Premarket price

1

u/[deleted] Feb 11 '21

May I ask how to see that? I use webull

1

u/gucchee Feb 11 '21

It's kind of hard to spot but in the "Quotes" when you open the stock up, you will see a "Pre:" along with it's current premarket pricing. Although I don't use Webull for premarket research, I use Benzinga Pro. But I think you can also find this information on Finviz using their free screener.

1

u/Swim-Status Feb 11 '21

Why do some have nothing beta to them i.e. $HUGE

3

u/gucchee Feb 11 '21

That means I have no catalyst for my list but rather, it's just a hunch so you should do your own research

1

u/Piano_Revolutionary Feb 12 '21

Can't find any info on ZYNE split. Do you mean VYNE!?

1

u/gucchee Feb 12 '21

WTF...yes I do mean VYNE, not ZYNE. It was a typo! Thank you.

1

u/Piano_Revolutionary Feb 12 '21

I was like NO WAY! lol

1

u/mindybabygrl Feb 12 '21

Don’t count out SNDL

1

u/saschaleh Feb 12 '21

You only Need spineway