backedgeapproaching Posted February 9, 2021 Share Posted February 9, 2021 35 minutes ago, TauntonBlizzard2013 said: @Great Snow 1717 I don’t want to clutter up the observation thread, but my wife and I are lucky to have bought when we did (March 2019) as we probably wouldn’t be going anywhere right now. We kind of just scraped by and a lot of things had to fall into place for us to land this house, and it took some time. Right now, we wouldn’t be able to even be in the competition probably. Cash buyers, buyers with financing lined up to the point all they have to do is sign. The zestimate of our home is almost 100k more than what we paid for it, and that’s not including the work we’ve done. Landscaping, finishing the basement, finishing a roughed in bathroom, etc etc. We bought for 400k I bet we’d be pushing 550 now if we went to sell. https://www.wcvb.com/article/open-houses-cause-traffic-jams-in-crazy-hot-real-estate-market/35451691 Probably added 150K to my house also just from 2018 when we bought. Crazy everywhere- Link to comment Share on other sites More sharing options...
DavisStraight Posted February 9, 2021 Share Posted February 9, 2021 1 hour ago, TauntonBlizzard2013 said: @Great Snow 1717 I don’t want to clutter up the observation thread, but my wife and I are lucky to have bought when we did (March 2019) as we probably wouldn’t be going anywhere right now. We kind of just scraped by and a lot of things had to fall into place for us to land this house, and it took some time. Right now, we wouldn’t be able to even be in the competition probably. Cash buyers, buyers with financing lined up to the point all they have to do is sign. The zestimate of our home is almost 100k more than what we paid for it, and that’s not including the work we’ve done. Landscaping, finishing the basement, finishing a roughed in bathroom, etc etc. We bought for 400k I bet we’d be pushing 550 now if we went to sell. You did well, lot of competition for homes for sale, you can make a killing on your house if you sell but there's not many places for sale, so then what? Lucky you found one and got it. Link to comment Share on other sites More sharing options...
TauntonBlizzard2013 Posted February 9, 2021 Share Posted February 9, 2021 7 hours ago, DavisStraight said: A lot of the penny stocks will be on the pink sheets, that's why you have to do your homework. If i buy 5-6 stocks I might hit it big on 1, semi-big on another and the other 2-3 might go nowhere or bust, that's why I like to spread my money around on 5-6. Is there any different rules or regs to buying the pink sheets? Link to comment Share on other sites More sharing options...
DavisStraight Posted February 9, 2021 Share Posted February 9, 2021 14 minutes ago, TauntonBlizzard2013 said: Is there any different rules or regs to buying the pink sheets? Pink sheets are the wild west, you really have to do your research. Link to comment Share on other sites More sharing options...
TauntonBlizzard2013 Posted February 9, 2021 Share Posted February 9, 2021 How do we feel about $NAK? Link to comment Share on other sites More sharing options...
DavisStraight Posted February 10, 2021 Share Posted February 10, 2021 1 hour ago, TauntonBlizzard2013 said: How do we feel about $NAK? Haven't done any research on it Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted February 10, 2021 Share Posted February 10, 2021 Something is clearly going on in the SUB Penny stock market. This is not a joke - This i believe is a rare opportunity of sorts that will last maybe a couple more days. This is not causing massive disruption to the markets, bc nobody really cares when a stock increases 5000% in 5 days when it goes from .0001 to .005 but your bank account will care. There are over 100's of penny stocks up 50% in the last several days on 2000% volume (compared to average) Prior to this week i never bought a stock that was less than 25 cents nevermind .0002 . But this week i have and here is why . I use stock twits for a lot of the Sub-pennies that are trending. Also Bar-Chart has a sub index after you click stocks (on top left) that has 2 great lists for this week. Hot Penny stocks and Cannabis stocks are two sub indexes worth clicking on . I'm going to make a short list of tickers for both- in case people are short on time . https://www.barchart.com/stocks/sectors/penny-stocks Top performers last 5 days ( I wouldn't buy these only because i would say their runs have peaked or are close and will more likely stall and condense for another run or just fall) but to give you an idea of what's going on...most of these have NO new news. ZENG 7600% SETY 6900% GRGR 4400% FDEY 2900% HYII (mining stock) 750% in 2 days The current prices for those AFTER The runs are 1/3 to 3/4 of ONE PENNY ! Now the volumes are so incredibly high that the big /ask spreads are so incredibly tight to the nearest thousandth of a penny so you could realize those gains...only difference is you end up buying 500,000 shares for 100$ and then it addes up. 100$ in ZENG 5 days ago would net you 7600$ at close. There are some other's that are not Sub-pennies but Penny stocks ...some of these have catalysts like Green energy companies who could benefit from new legislation or miners from rising commodity prices and demand for various minerals for EV vehicles. Other's AI' start ups. Here is a list of those that are hot FPVD .048 cents up 450% in 5 days (its a shell company that just reverse merged to go public as Big Capital (good new CEO) MJNA .096 up 300% in 5 days (medical cannabis) CRYBF 300% in three days EV battery company (prices consolidated today after 350% run up yesterday on Big new Sales Many many more ...volumes are other wordly So many in last two days have popped 40-50% based on nothing ...just giant volumes and people showing up on chat forums that have been bag holding from 10 years ago when these went public at like 25 -50 cents... ... Two other cannibis Sub pennies that are hot thanks to new legislation USMJ up 350% in two days .0041$ CATV 375% in 3 days involved in CBD /ADS .0039$ 1 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted February 10, 2021 Share Posted February 10, 2021 NPA and SRAC are so juicy looking in Space Sector. Own a bunch of both. LT holds People are willing to throw money into this sector like mad as it's poised to grow hundreds of percentage points ..and Kathy Wood launching ARKX for space sector ( ARK funds Rated THE top fund by morning star) out of 500! All her ARK funds returned 100% ...and money is flying into this space...because they know which companies she is most likely to select and when 20 Billion flows into ARKX guess what happens to the stocks in that fund. Some have been front running that. NPA SRAC are huge in that space. The beauty is the market will give these SKY HIGH valuations as HYPER Growth stocks and give them a few years to actually make money...SRAC really has well into the triple digit potential over next 5 years. Link to comment Share on other sites More sharing options...
DavisStraight Posted February 10, 2021 Share Posted February 10, 2021 The pennies are trading sardines, if its up 750% time to sell, there are some long term holds on some pennies, I've bought and sold one three times, just keep your erye on them. Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted February 10, 2021 Share Posted February 10, 2021 Ethereum Link to comment Share on other sites More sharing options...
Lava Rock Posted February 10, 2021 Share Posted February 10, 2021 Something is clearly going on in the SUB Penny stock market. This is not a joke - This i believe is a rare opportunity of sorts that will last maybe a couple more days. This is not causing massive disruption to the markets, bc nobody really cares when a stock increases 5000% in 5 days when it goes from .0001 to .005 but your bank account will care. There are over 100's of penny stocks up 50% in the last several days on 2000% volume (compared to average) Prior to this week i never bought a stock that was less than 25 cents nevermind .0002 . But this week i have and here is why . I use stock twits for a lot of the Sub-pennies that are trending. Also Bar-Chart has a sub index after you click stocks (on top left) that has 2 great lists for this week. Hot Penny stocks and Cannabis stocks are two sub indexes worth clicking on . I'm going to make a short list of tickers for both- in case people are short on time . https://www.barchart.com/stocks/sectors/penny-stocks Top performers last 5 days ( I wouldn't buy these only because i would say their runs have peaked or are close and will more likely stall and condense for another run or just fall) but to give you an idea of what's going on...most of these have NO new news. ZENG 7600% SETY 6900% GRGR 4400% FDEY 2900% HYII (mining stock) 750% in 2 days The current prices for those AFTER The runs are 1/3 to 3/4 of ONE PENNY ! Now the volumes are so incredibly high that the big /ask spreads are so incredibly tight to the nearest thousandth of a penny so you could realize those gains...only difference is you end up buying 500,000 shares for 100$ and then it addes up. 100$ in ZENG 5 days ago would net you 7600$ at close. There are some other's that are not Sub-pennies but Penny stocks ...some of these have catalysts like Green energy companies who could benefit from new legislation or miners from rising commodity prices and demand for various minerals for EV vehicles. Other's AI' start ups. Here is a list of those that are hot FPVD .048 cents up 450% in 5 days (its a shell company that just reverse merged to go public as Big Capital (good new CEO) MJNA .096 up 300% in 5 days (medical cannabis) CRYBF 300% in three days EV battery company (prices consolidated today after 350% run up yesterday on Big new Sales Many many more ...volumes are other wordly So many in last two days have popped 40-50% based on nothing ...just giant volumes and people showing up on chat forums that have been bag holding from 10 years ago when these went public at like 25 -50 cents... ... Two other cannibis Sub pennies that are hot thanks to new legislation USMJ up 350% in two days .0041$ CATV 375% in 3 days involved in CBD /ADS .0039$ I've landed a couple good leads from hot penny stocks site. Just so many to choose from and so many are practically sham companiesSent from my Pixel 4a using Tapatalk 1 Link to comment Share on other sites More sharing options...
moneypitmike Posted February 10, 2021 Share Posted February 10, 2021 14 hours ago, TauntonBlizzard2013 said: @Great Snow 1717 I don’t want to clutter up the observation thread, but my wife and I are lucky to have bought when we did (March 2019) as we probably wouldn’t be going anywhere right now. We kind of just scraped by and a lot of things had to fall into place for us to land this house, and it took some time. Right now, we wouldn’t be able to even be in the competition probably. Cash buyers, buyers with financing lined up to the point all they have to do is sign. The zestimate of our home is almost 100k more than what we paid for it, and that’s not including the work we’ve done. Landscaping, finishing the basement, finishing a roughed in bathroom, etc etc. We bought for 400k I bet we’d be pushing 550 now if we went to sell. I find the Redfin estimates to be closer to right than Zillow's. Link to comment Share on other sites More sharing options...
TauntonBlizzard2013 Posted February 10, 2021 Share Posted February 10, 2021 $SNDL $DNN Link to comment Share on other sites More sharing options...
amarshall Posted February 10, 2021 Share Posted February 10, 2021 1 hour ago, TauntonBlizzard2013 said: $SNDL $DNN I held CGC from $50, bought more at $30 watched it go $15 and back to $55. Link to comment Share on other sites More sharing options...
Bostonseminole Posted February 10, 2021 Share Posted February 10, 2021 7.9 Earthquake SE of loyalty islands.. Tsunami threat unknown Link to comment Share on other sites More sharing options...
Bostonseminole Posted February 10, 2021 Share Posted February 10, 2021 1 Link to comment Share on other sites More sharing options...
Great Snow 1717 Posted February 10, 2021 Share Posted February 10, 2021 2 hours ago, moneypitmike said: I find the Redfin estimates to be closer to right than Zillow's. Redfin estimates are far too low. Link to comment Share on other sites More sharing options...
Baroclinic Zone Posted February 10, 2021 Share Posted February 10, 2021 Just now, Great Snow 1717 said: Redfin estimates are far too low. Right now, they're all likely too low. Sale prices of homes has gotten out of control this last 9mo since the pandemic took hold. Link to comment Share on other sites More sharing options...
NorEastermass128 Posted February 10, 2021 Share Posted February 10, 2021 3 minutes ago, Baroclinic Zone said: Right now, they're all likely too low. Sale prices of homes has gotten out of control this last 9mo since the pandemic took hold. Yup. Old Capes are selling for $500k++ and then being torn down to put up a 3000+ sq ft monstrosity with no yard. Great time for FTHBs around here. Link to comment Share on other sites More sharing options...
Great Snow 1717 Posted February 10, 2021 Share Posted February 10, 2021 1 minute ago, Baroclinic Zone said: Right now, they're all likely too low. Sale prices of homes has gotten out of control this last 9mo since the pandemic took hold. The bidding wars are totally out of control. Houses that need 100K of work are going for well over asking price. Link to comment Share on other sites More sharing options...
Lava Rock Posted February 10, 2021 Share Posted February 10, 2021 1 hour ago, TauntonBlizzard2013 said: $SNDL $DNN why would you buy at 52 wk highs unless you think it's going way higher. such a gamble with these stocks Link to comment Share on other sites More sharing options...
mreaves Posted February 10, 2021 Share Posted February 10, 2021 Happy birthday! @Ginx snewx 1 Link to comment Share on other sites More sharing options...
Lava Rock Posted February 10, 2021 Share Posted February 10, 2021 3 minutes ago, NorEastermass128 said: Yup. Old Capes are selling for $500k++ and then being torn down to put up a 3000+ sq ft monstrosity with no yard. Great time for FTHBs around here. can't wait for the market crash again. Link to comment Share on other sites More sharing options...
NorEastermass128 Posted February 10, 2021 Share Posted February 10, 2021 2 minutes ago, Lava Rock said: can't wait for the market crash again. I’m on the sidelines for now and will be a FTHB. Once the market cools, I’m ready to pounce. I expected to earlier, but I was waiting on a grade increase at work to increase buying power. Also paid off my car and some private student loans while waiting to help with financing too. Link to comment Share on other sites More sharing options...
ORH_wxman Posted February 10, 2021 Share Posted February 10, 2021 7 minutes ago, Baroclinic Zone said: Right now, they're all likely too low. Sale prices of homes has gotten out of control this last 9mo since the pandemic took hold. It's amazing the type of homes selling for 500k+ here in Holliston right now. Almost seems like all the "value" is in the 600-700k range at the moment. You get a little dumpy ranch or Cape similar to my house for 450-525k, but then if you spend 650k, you can get 4 beds and 2500-3000 sq ft. Link to comment Share on other sites More sharing options...
NorEastermass128 Posted February 10, 2021 Share Posted February 10, 2021 2 minutes ago, ORH_wxman said: It's amazing the type of homes selling for 500k+ here in Holliston right now. Almost seems like all the "value" is in the 600-700k range at the moment. You get a little dumpy ranch or Cape similar to my house for 450-525k, but then if you spend 650k, you can get 4 beds and 2500-3000 sq ft. That was the price range inside 128 (Woburn) just 5 years ago. Now, knock downs are 450k, even in once affordable Woburn. Link to comment Share on other sites More sharing options...
CoastalWx Posted February 10, 2021 Share Posted February 10, 2021 We've been looking, but it's insane on the S Shore. We don't have a huge reason to move, just one of those cases where if the right thing came along, we'd make a move. The amount of people wanting to go over, waive inspections, pay cash etc. is nuts. It's also about what you are willing to live by. Chances are, you'll have a much tighter budget moving into another house given the prices. I think there is something to be said about finding a happy medium and being comfortable. Maybe that means you hold off a year or two until it cools. Link to comment Share on other sites More sharing options...
NorEastermass128 Posted February 10, 2021 Share Posted February 10, 2021 8 minutes ago, Lava Rock said: can't wait for the market crash again. We hear Maine’s real estate market is exploding right now too. Good for current owners who sell and go elsewhere more affordable. (South Carolina, Florida...) Link to comment Share on other sites More sharing options...
ORH_wxman Posted February 10, 2021 Share Posted February 10, 2021 Just now, NorEastermass128 said: That was the price range inside 128 (Woburn) just 5 years ago. Now, knock downs are 450k, even in once affordable Woburn. Yep....128 went totally out of control post-recession....like 2013-2018 the prices all went nuclear. They still are going nuclear, but they went from semi-affordable back in like 2013 or 2014 to completely unaffordable for middle class in that span. 495 belt is doing that right now. We got really lucky on our timing here....when you look at home values around here, they of course rose coming out of the bottom in 2012ish and rose steadily until like 2015, but then plateaued for about 18 months until around the time we bought our house in January 2017. Then in that spring of 2017, things went absolutely bonkers and they haven't stopped. They accelerated during the pandemic. So our place which we bought for 345k, you probably couldn't get for 450 right now. It's not like we have a big house (as people have seen in my pics), it's a 3 bedroom ranch with a walkout basement....granted, a nice little piece of land just under an acre, but still. This house shouldn't sell for 450-500k. Link to comment Share on other sites More sharing options...
Baroclinic Zone Posted February 10, 2021 Share Posted February 10, 2021 Yeah, this current surge is unsustainable. It'll inevitable come to end when people stop buying properties at these insane levels or we have a market correction. Rates don't seem to be going up any time soon as there is just so much helicopter money out there propping the economy up. The scope of the projects we're working on go from small opening up of walls to combine rooms all the way up to tear down new construction homes. We actually in the process of eliciting bids to do an addition of our own. It's too costly to move right now and we have the equity to absorb to cost of a new addition without hurting us financially and we also feel we're going to be here for the foreseeable future. We also have a pool going in sometime in early June so we can enjoy that. Can't complain other then the fact that I'm working 7 days a week to the tune of 80 hours, which leaves little time for anything else. Link to comment Share on other sites More sharing options...
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