ET
Energy Transfer LP Common Units representing limited partner interests
stock NYSE

( **note**: the original post was made 4 years after the dot com burst.)
44 Lessons about Stock Investing
Wednesday April 7, 2004 7:00 am ET
By Mark A. Sellers
Most of the really valuable lessons I've learned about investing have come from experience. An M.B.A. or CFA is nice, but those are only enough to get you into the game. If you want to win the game, you have to follow some rules of thumb that the textbooks won't teach you.
Here are 44 of them. You might say this is my attempt to create a Poor Richard's Almanac for stock investors, with a little bit of Murphy's Law thrown in.
1. When someone says, "Things are different this time," they're trying to sell you something.
2. Don't invest in what you don't understand. If you do, you'll eventually get burned.
3. When a company delays a financial filing for any reason, avoid buying the stock
4. Most investors are too bullish. We love being right, we love making money, and we get to do more of both when stocks are going up.
5. The financial media, too, is predisposed to being wildly bullish--television ratings and magazine subscriptions are far higher during a bull market than a bear market. Optimism sells; pessimism doesn't.
6. Even a stopped clock is right twice a day; perma-bears and perma-bulls are stopped clocks.
7. When you read an interview with a mutual fund manager, don't rush out and buy the stocks he or she recommends. Even the best portfolio managers are wrong about one third of their picks.
8. (There are exceptions to this rule, of course.)
(Exceptions to this: REITs, MLPs, and utilities.)
32. Few people care about tainted research, conflicts of interest, and stock-option abuse when the market is rising.
33. Fewer than one in 10 stocks are "long-term buys" at any given time. Thus, the ability to say "no" is much more important than the ability to say "yes."
34. Patience is a profitable virtue. Impatience is an expensive vice.
35. Few investors can resist the temptation to trade often.
36. Frequent trading is a crutch for those who don't have patience, conviction, or confidence in their ability to analyze a company.
37. You aren't right or wrong about a stock until at least a year after you've bought it. In the meantime, you're either lucky or unlucky.
38. Hold on to your winners. Often, there's a reason why they're winners.
39. The answer to "How low can it go?" is often zero.
40. Almost everyone is disappointed when stocks go down. This is illogical. Investors who expect to be net purchasers of stocks over the next 20 or 30 years should wish for a 20-year bear market in which stocks become screaming bargains, followed by the greatest bull market in history just as they're cashing out.
41. When a company gets more than 15% of sales from any one customer, tread carefully.
42. Nearly everyone on the Forbes 400 list of richest Americans falls into one of three categories: entrepreneurs, buy-and-hold investors, and those who inherited their money. Only a couple of market-timers and technical investors are on the list, and there are no day traders.
43. Most stocks are slightly overvalued most of the time.
44. Most people spend a lot more time thinking about reward than about risk. They've got it backwards.

10:30 entry + under-an-hour duration matches what I see too. The structural why: 9:30-10:00 is auction-matching + overnight-inventory clearing, so high volatility but low conviction. Conviction usually shows up around 10:00-10:30, and you're trading the first real directional move once it does. Sub-hour duration tracks what I find — directional flow from the open burst tends to exhaust in 60-90 minutes before lunch chop takes over (\~11:30am ET = London close, \~12-1pm ET = US lunch thin liquidity).

It is 9:30 PM ET right now. What time did you try it?

try between 930am ET and 4pm ET

https://preview.redd.it/j9697o23gk3h1.png?width=1471&format=png&auto=webp&s=a07ea657615ab616a1fcd1f39821c77099b3442e
**📊 Key U.S. Economic Data (ET)**
**None scheduled**
⚠️ For informational purposes only. Not financial advice.
📌 #EconomicCalendar #USMarkets

You will be able to trade options from 7:30-9:25 ET on these stocks:
|AAPL, AMD, AMZN, AVGO, BABA, GOOG, GOOGL, HOOD, INTC, META, MSFT, MU, NFLX, NVDA, ORCL, PLTR, TSLA|
|:-|

**What moved it** J-Star's subsidiary YMA Corp got authorization from Taiwan's central bank to *prepare* a $60M loan facility for a planned 100MWh solid-state battery plant in Baytown, Texas (\~$122.5M total project). The headline ticks every 2026 box — solid-state batteries, US reshoring, sovereign-backed money.
**The mechanics** Read the verbs: "authorization to prepare for" a loan. Nothing is funded, nothing is built, no revenue attached. On a 2.4M-share float that barely matters — at \~17x normal volume a headline like this moves it triple digits regardless of substance. This is a low-float momentum reaction, not a re-rating.
**Numbers**
* Cap: \~$27M / float: 2.4M (tiny)
* Day volume: \~118M (\~17x avg of 6.9M)
* Prev close: $0.4552 → premarket high $1.84
* 52w range: $0.235–$6.45
* Short interest: 0.16% — not a squeeze
**Where it ended up** Stock Pulse flagged it premarket at $0.46. It topped $1.84 in premarket (\~9:09 ET), then bled the whole session — down to roughly $1.20 on the after-hours tape. The spike was the premarket headline; the rest of the day was the giveback.
**Reality check**
* Already round-tripped a third of the pop, peak to \~$1.20.
* Leveraged micro-cap with thin cash and negative equity. A loan *authorization* adds debt, not earnings.
* This already happened. It's a breakdown of why it ran, not a reason to buy it.
https://preview.redd.it/cdg0ipcy5k3h1.png?width=2778&format=png&auto=webp&s=bcb4d0b0a0b79af2de65db5584f5bedf8ecc7dc4

This is what I got for Schwab:
Thurs. 6/4 9am ET
COTP Window Opens
Wed. 6/10 4pm ET
COTP Window Closes
Thurs. 6/11 \~7-10pm ET
Affirmation Window Opens
Fri. 6/12 7am ET
Affirmation Window Closes
\~9am ET
Shares allocated to client accounts
Mid-day
Shares begin trading on exchanges
———————————————————————————
Step 1
Placing a Conditional Offer to Purchase (COTP)
Clients who have signed up for Deal Alerts will be notified once the COTP window opens.
COTPs must be placed during the COTP window:
Opens - Thursday, June 04 (Time TBD)
Closes - Wednesday, June 10 at 4:00 pm ET (The day prior to the designated pricing date for the IPO)
Eligible clients must place their COTP on Schwab.com. Professionals cannot place, modify, or withdraw the COTP for the client.
How to submit a COTP:
Log in to Schwab.com
Navigate to the Trade tab
Select “IPOs”
The SpaceX offer will show on the page
Client clicks “Start COTP”.
Step 2
Affirming a Conditional Offer to Purchase (COTP)
Once the SpaceX shares have been priced and the registration statement has become effective, clients must "affirm" their COTP during the Affirmation window:
Window Opens – Evening of Thursday, June 11
Window Closes – Morning of Friday, June 12
Notification - Schwab will notify clients via email once the Affirmation window has opened.
An affirmed COTP does not guarantee a client will be allocated any shares.
If clients do not affirm their COTPs within the allotted time period, their COTPs will not be considered for allocation.
How clients "affirm" a COTP on Schwab.com
Log in to Schwab.com
Navigate to the Trade tab
Select “IPOs”
The SpaceX offer will show on the page
Client clicks “Affirm COTP”.
Standard effectiveness and pricing: To be considered for allocation, clients must affirm their COTP for each offering before 7:00 am ET the morning following the night each issue is priced and its registration statement is effective.
Same-day effectiveness and pricing: When offerings become effective and after-market trading begins the same day, the time available for affirmation will be very short, possibly only an hour.
When the affirmation window is open: Clients may affirm for their entire COTP amount, affirm for fewer shares, or withdraw their COTP.
If clients do not affirm their COTPs within the allotted time period, their COTPs will not be considered for allocation.
Thanks for coming to my TedTalk

i sold a 25% my mu on friday. then tried to sell 50% more but it turned 4pm ET and didnt execute in time. guess my fat thumbs got the last laugh, market.

Mutual funds only trade once per day after the market closes. Prices are usually posted a few hours after the market closes. If you bought on Friday your funds wouldn't have been added until today. Once the market closes at 4pm ET, the fund will update the NAV of the fund around 6pm ET.

Hey, thanks for reaching out to us. While there haven't been widespread reports of this issue, I can certainly pass along your comment to our development teams so they can explore the matter in a future update.
If you have already confirmed that your device and app are up to date, try uninstalling and reinstalling the app.
You're also welcome to reach out to our Technical Support team so they can work on a solution. This team is available Monday through Friday from 8:30 a.m. to 9:00 p.m. ET. Please say "technical support" when prompted by the automated system to be connected to the right group.
[Contact Us](https://www.fidelity.com/customer-service/contact-us)
Please let us know if more questions come up.

And, very soon, it will be connected directly to ET. Currently connected to some other platforms. Working great for me
[https://matakita.me/](https://matakita.me/)

Good morning. Thanks for sharing screenshots and notifying us of your experience.
We haven't received widespread reports of issues with the trade ticket on our website or on Fidelity Trader+ web. I tested both trade tickets and was unable to replicate this on my end.
Please try clearing your browser's cache and cookies, or try testing a trade using another browser to troubleshoot. If it persists, we recommend reaching out to our Technical Support team. Associates are available Monday through Friday from 8:30 a.m. to 9:00 p.m. ET.
Please say "technical support" when prompted by the automated system to be connected to the right group.
[Contact Us](https://www.fidelity.com/customer-service/contact-us)
Feel free to follow up if you need anything else, and remember, we have 24/7 customer support available for any time sensitive needs.

Hyperscale Data, Inc. (NYSE:GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that it has commenced a cash tender offer to repurchase up to $5 million of shares of the Company's Class A common stock, par value $0.001 per share ("Class A common stock"), subject to market conditions, at a purchase price of $0.21 per share. The Company expects to fund the tender offer from its existing cash and cash equivalents.
The tender offer will expire one minute after 11:59 p.m. ET on Monday, June 8, 2026, unless extended or earlier terminated. The full terms, conditions and other details of the tender offer are set forth in the Offer to Purchase, dated May 26, 2026, as may be amended or supplemented in accordance with the terms thereof (the "Offer to Purchase"), the related Letter of Transmittal and other tender offer documents that Hyperscale filed today with the Securities and Exchange Commission ("SEC") on a Schedule TO.

View in your timezone:
[one minute after 11:59 p.m. ET][1]
[1]: https://timee.io/20260527T0400?tl=Hyperscale+Data+Launches+Tender+Offer+To+Buy+Back+%245M+Of+Stock+At+%240.21+Per+Share

News just dropped about .21 cent repurchase and 5 million in tender offer "The tender offer will expire one minute after 11:59 p.m. ET on Monday, June 8, 2026, unless extended or earlier terminated. The full terms, conditions and other details of the tender offer are set forth in the Offer to Purchase, dated May 26, 2026, as may be amended or supplemented in accordance with the terms thereof (the "Offer to Purchase"), the related Letter of Transmittal and other tender offer documents that Hyperscale filed today with the Securities and Exchange Commission ("SEC") on a Schedule TO."

Buy it between 9:49:02 CET and 13:05:59 ET on May 27. Hold it for exactly 12 working days and 7 minutes from the moment of transaction. My vig is 2 points.

Just saw a dumb article in ET, where the Financial Analyst is suggesting for abolishing of LTCG only for FIIs!
If there is any tax reform coming, it should be applicable for all market participants and should not differentiate between the market participants.
Retail participations in Equity Markets either through direct stock purchase or through Mutual Funds, is supporting market from huge corrections, then why should we create some tax law to benefit only Foreign Investors!
Abolishing LTCG/STCG would trigger huge market exodus from FII/HNI, as they might close their long standing positions, to move to, high growth markets, trapping retail investors even more.
FIIs are moving to other markets(South Korea, Taiwan, US) chasing high growth opportunities arising out of AI Boom and it is delivering results for them. Intel/Nvidia/Micron and other semiconductor bunch of stocks are delivering huge returns.
So, unless the opportunities dries up in other market and attractive opportunities(interms of valuation) are visible in Indian Stock Market, it would be difficult for FIIs to return.
With AI, our NITFY50 champions(IT) business models will change. They will not be able to bill the Customers for 100 employees, when the same task can now be completed with 10-15 specialized experienced employees.
So, what is the use of LTCG/STCG abolishing, when there will be no gains at all. Except for India loosing tax revenue, which might be used for any development purpose in India. In my opinion, Abolishing LTCG/STCG would open flood gates for FIIs/HNIs to exit Indian stock markets, as they are virtually adding 12.5% tax gain also a profit.
If I am given a chance to introduce the policy reform, I would introduce a new section VLTCG(Very Long Term Capital Gains-5 Year Equity holding) with 5% tax. Believe me, 0% tax any time, would be an option for Investors to get out of the markets, trapping the new Investors.

As I see it, the overlap isn't uniform. London's been running since 3 AM ET; NY forex traders start arriving around 8 AM, and NYSE equity open at 9:30 ET often drives USD flow which spills into gold. The compressions trapping you tend to cluster in that 8-9:30 window where London is winding down but NY hasn't fully fired yet.
My read: shift the question from "when do I enter compression" to "when does compression resolve". Usually that's NYSE open or right after 8:30 ET data drops. Before that, even confirmation candles can fake out because the flow that resolves price hasn't arrived.

Ok, so asked AI this time to summarize the war events and it did not even complain but instead called it a meme 😂
Mar 2: “We’re already substantially ahead of schedule. This will take four to five weeks. Maybe six. Or longer. Whatever it takes.”
(The war is 2 days old.)
Mar 3: “Our munition stockpiles have NEVER BEEN HIGHER OR BETTER.”
(WSJ reports the US is racing to destroy Iran’s missiles before running out of interceptors.)
Mar 6: “There will be NO DEAL with Iran except UNCONDITIONAL SURRENDER. MIGA — MAKE IRAN GREAT AGAIN!”
(Regime change is back on the menu.)
Mar 21: “OPEN the Strait of Hormuz within 48 HOURS or we will OBLITERATE YOUR POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!”
(Deadline #1.)
Mar 23: “We’ve had VERY productive talks with Iran.”
(Iran: “There are no talks.” — Deadline extended 5 days.)
Mar 26: “Iran asked me nicely, so I’m pausing the destruction of their power plants by 10 days.”
(Deadline #2. Iran fires a missile at a Saudi air base the next day.)
Apr 1: “We are ON TRACK to complete all objectives VERY SHORTLY. Also Iran’s missiles are ‘just about used up.’ Also please, Europe — grab the Strait and take the lead in protecting it.”
(Primetime address. Iran launches missiles at Israel as he speaks.)
Apr 2: “We’re going to hit them EXTREMELY HARD. Bring them back to the STONE AGES where they belong.”
(48 hours after saying objectives are nearly complete.)
Apr 4: “48 HOURS BEFORE ALL HELL WILL REIGN DOWN ON THEM.”
(Deadline #3.)
Apr 5: “New deadline: Tuesday April 7, 8pm ET. One of the most IMPORTANT MOMENTS IN HISTORY.”
(Deadline #4. On Easter Sunday.)
Apr 7: “A WHOLE CIVILIZATION WILL DIE TONIGHT.”
(8pm arrives. Pakistan calls. Deadline extended 2 more weeks.)
Apr 7 (later that night): “TOTAL AND COMPLETE VICTORY. 100%. NO QUESTION ABOUT IT. We’ve already met and EXCEEDED all military objectives.”
(The war is still ongoing. The strait is still closed.)
Apr 8: “BIG DAY FOR WORLD PEACE!”
(Hegseth: “Operation Epic Fury — capital V Victory!” The Strait briefly opens… then closes again within hours.)
Apr 12: “The US will now BLOCKADE the Strait of Hormuz — the strait I have been demanding Iran open.”
(Trmp closes the strait that he spent weeks demanding Iran open.)
Apr 13: “No one who pays an illegal TOLL will have safe passage on the high seas.”
(Iran is charging tolls on the strait. The one we’re blockading. That we want open.)
Apr 18: “We have VERY GOOD conversations going on.”
(Strait still closed. Iran seizes ships. Iran: “Reopening the strait is IMPOSSIBLE.”)
Apr 20: Reporter: “What happens if the ceasefire expires tomorrow?”
Trmp: “Then lots of bombs start going off.”
Apr 22: The strait is basically still closed. Iran is still seizing ships. US blockade of Iranian ports remains. Oil prices soar.
May 4: “Introducing PROJECT FREEDOM — we will GUIDE hundreds of stranded ships out of the Strait!”
(Bold new plan. No details on how.)
May 5: “PROJECT FREEDOM is now PAUSED.”
(It lasted about 24 hours.)
May 23: “A deal has been LARGELY NEGOTIATED. The Strait WILL be opened. Details coming SHORTLY.”
(Iran: “The strait will remain under our control.” — The strait is still not open.)
Today: Strait still not open. Blockade still in place. Deal “largely negotiated” but unannounced. Ceasefire sort of holds with new bombs.