MEGL Magic Empire Global Limited ultra-speculative bet!MEGL Magic Empire Global Limited was an IPO that went to $249.94 in the first day of trading.
It reminded me of HKD and AMTD!
but what if it still has juice in it???
Looks like a high risk, high reward situation.
Looking forward to read your opinion about it!
Would you invest in MEGL??
AMTD
Schwab's plan to purchase just got a lot cheaper - In November, Charles Schwab announced plans to buy $TDA for a little over $26 billion in current market value. Not really talked about? The terms of the deal.
The acquisition, which plans to go through by Q4 of 2020, was basically a "stock swap". From Reuters:
"As part of the deal, expected to close in the second half of 2020, Ameritrade stockholders will get 1.0837 Schwab shares for every share held, or $52.23 based on Schwab’s Friday close. Schwab shareholders will hold 69% of the combined company, while TD Ameritrade stockholders will have an 18% stake. The remaining roughly 13% stake will be held by Toronto-Dominion Bank (TD.TO), TD Ameritrade’s largest shareholder."
As of today, we're running below the announced deal value, and it's not getting any better. Ultimately the strike price Schwab will pay may be at a huge discount to what they previously thought they were buying TD for.
TD Ameritrade: This is incredible...A single day drop of over 25%, and a weekly drop of more than 35% of market value... seems an over-reaction, but who am I to say such things...
$AMTD Buy The Dip$SCHW going to commission-free trading has plunged $AMTD down 20% at Tuesday's open.
Good opportunity to buy the dip in $AMTD.
Selloff overdone.
As always, trade with caution and use protective stops.
Good luck to all!
exchange the exchanges : exchangeception $amtdinterestingly, now I am looking at multiple exchange stocks.
Very clean chart and massive gap to be filled, in position, stop 37.51.
Great buy for 20%+ Return for AMTDAMTD is extremely undervalued due to the news of Charles Schwab having 0$ commissions. With TD Ameritrade now offering 0$ commission fees, expect it to recover for a potential 20%+ dip buy opportunity.
ETRADE BANKRUPTCY.? ILLEGALLY PLAYING WITH MARGIN ACCOUNTSWe just heard a rumor today that supposedly came from an eTrade Employee / High Ranking Executive that the company has started deceptively and unlawfully manipulating trading accounts due to extreme losses within thousands of eTrade accounts.
What we heard...
AFTER A STOCK IS PURCHASED ON MARGIN, with a 25% Margin Requirement, days, if not weeks later, the account holder will receive an email thats says... "SPECIAL MARGIN MAINTENANCE REQUIREMENT CHANGE"
Within that email, eTrade bumps up the margin requirement on your trade from 25% to 45% and in many cases, we were told much higher.
After the account holder meets the so called fraudulent margin requirement, and then sells the stock...
eTrade then sends the account holder another email that says..."SPECIAL MARGIN MAINTENANCE REQUIREMENT CHANGE" and lowers the Margin Rate back to 25% - AFTER THE STOCK HAS BEEN SOLD BY THE ACCOUNT HOLDER
The SEC and DOJ needs to investigate eTrade, its Deceptive Business Practices, its Fraudulent Accounting Methods and its Books.
If you have an eTrade account, we suggest closing your eTrade account and transferring out to maybe Fidelity, Schwab or InteractiveBrokers.
Also, judging by the eTrade weekly chart, the stock looks ready to crash!
The stock is trading under the cloud and every indicator is negative.
Support might be somewhere around $30 but if it keeps sinking, and breaks down below $25, look out below!
On 2/5/2019, TD Ameritrade stock tanked...eTrade could be next to tank!
Short TD AmeritradeFinancial stocks have been beaten into the dirt over the last several months, but have recently seen some relief. Many banks are largely overbought at this point and AMTD is no different while also hitting a resistance level. Placing short orders between $55 and $55.50 as we will see an initial gap up at open this morning. This stock could certainly continue to rise, but my money is on a significant drop in the next couple weeks. Best case scenario is we hit our target and form a nice reverse head and shoulders pattern allowing us to flip to long and ride a strong move back up. Alternatively we may see the prevailing trend continue and watch as stocks continue to find lows.
Potential Long Swing Opportunity.If R2 Pivot is breached with enough momentum, a retest of R3 Pivot Resistance could be possible. Be patient for an entry. Follow your plan and obey your rules.
AMTD short term break outs are yet possibleI believe that trading success relies heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. A consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be continuation or reversal.
It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail.
Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades.
My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favourable trade setups and plans.
AMTD gone BrokeWell from 1999 high still AMTD is suffering a lot. Even struggling to hold 2015 high of $38 ish. Next target for short side is $20 and if fails then $12. Ultimate target sub $5.