Applied Digital Corporation (APLD) Quote

Looks like 3month high was touched around $7.20 before dropping back below $7

“Hood River Capital Management LLC Raises Holdings in Applied Digital Co. (NASDAQ:APLD)” https://www.marketbeat.com/instant-alerts/nasdaq-apld-sec-filing-2024-09-23/#google_vignette

Almost new 3month high

$7’s broke

Looks like we break and hold above $7

Needed to break 6.81 to 7.14 for 4 hour candle not going to happen profit taking next

New hom on way to ho3m

New hod broke $6.50

Hod

It’s really looking like that agreement will be announced soon. APLD got financing from NVDA for a reason. Rumors pointing to Microsoft. If they announce a good deal then this stock will move to $15 or higher. Here’s for some wishful thinking.

Back to $6.20. Huge resistance here.
Let’s see what happens.
Break $6.20 and move higher?
Back to $6?

“Applied Digital Sets Fiscal First Quarter 2025 Earnings Conference Call for Wednesday, October 9, 2024 at 5:00 p.m. Eastern Time

APLD nice close Friday. Rumors around about announcing the hyperscaler in several weeks.
The chart shows a nice cup and handle formation (again). Last time it worked perfectly.
Target price = $9.00.
Even after that crazy Thursday, I still own significant amount of shares and options which expire 11/15.
I am hopeful that they will announce something huge by then.
Have a great weekend.

Not that crazy, just don’t listen to conmen trying to take shares from people

Nice try

This stock is crazy. I wish I would have traded it better.
However, I will hold my shares waiting for that Microsoft news within a few weeks.
RZLV went over $20 Premarket just from a stupid news release congratulating Microsoft.
That PR was the biggest fluff I have ever seen and the stock goes from $5 to over $20. It was even up 100% during market hours. Crazy stuff. Just imagine what could happen to APLD if they actually release some real news with Microsoft. Hmmmm……..

Dude, what is your problem. Chill out my friend. All is good.
Just enjoying a nice Friday.
My balls are fine, thank you. ;)

Wouldn’t say much either..if my balls were being squeezed

Why would the market do that?..to get scared sellers

Appears market dropped-price intentionally to falsely-look-like deal fell-through

Word on street is deal done…tenant announced in few-weeks

Doesn’t sound like you know how market works..or you’re just bluffing like the market

That’s not true..took profits at $6.30’s and appreciate the drop..waiting to see how low market bluffs

Oops. Stocks don’t drop 8% in a day without something going on. I can’t imagine the news is good. Wow. What a crap show. Somebody knows something.

It’s only real when YOU buy/sell

What you’re seeing isn’t real

When volume is average-to-low..markets bluffing highs/lows(currently lows)

Simplest answer tends to be the right one no matter how complicated you make the question

Dude this is crazy why does it dump down every single time

Todays action supports this claim

Heavy $6.00-6.20 accumulation. Thin air above

6.84 zone gets tapped soon hopefully

Applied has issued and sold a Convertible Debenture to finance their data center expansion.

Historically Convertible Debentures are usually the death knell of any company that issues them.

However, it might work out for Applied because the movement to Artificial Intelligence Data Centers is driving the market lately.

APLD: bring on that huge Microsoft deal please.
Partners with NVDA And MSFT.
The potential here is huge. Stock price double digit huge.
JMO.

Can you sell please ?

Just FYI why APLD moved to $6.50 and then dropped to $5.90 soon afterward.
I bought shares.
The kiss of death.
Sorry.

From fiber to data centers…A.I. no doubt spearheading internet-upgrade

This stock is so ready for double digits. $NVDA funding.

$APLD

https://ih.advfn.com/stock-market/NASDAQ/applied-digital-APLD/stock-news/94520958/form-effect-notice-of-effectiveness

Getting closer .. 6.84- 7.14 would be nice

I’m waking up from a dream hit just about resistance $6.60. Look at all the cash the honest financiers gave them.

Not a bad start of the week. More tm imo

NHOD

Wow, I appreciate the information! I'm interested in CORZ+CLSK long term but don't have any positions. They seem like promising miners, with HPC being a pro for CORZ. With positions that trade sideways like AMD it might be a good idea for me to try some of these advanced strategies to profit. I regret not buying puts months ago, but figured they'd be back to 200 by now.

For the most part I only have ITM leaps because they feel hands off, and I don't need to actively monitor what's happening with the underlying's price.

aBeezlee, Buying naked Call options is risky because they can expire worthless and you lose the money you paid for them.

On the other hand, selling covered Call options against stock you own is very safe, assuming you set the exercise price higher than your cost basis. Selling Call options is a way to generate cash income without selling the stock.

First, you get paid in cash when you sell the option, which temporarily encumbers the stock. You can not sell your stock while the option is in effect. If the option finishes "in the money" the option gets exercised and your stock gets sold, hopefully, at a profit but that depends if you set the exercise price correctly. Also, if the option price drops you can buy back what you sold to free up your stock, instead of waiting for the option to expire or get exercised.

The Absolute Best Case Scenario is that the stock price never reaches the exercise price and the option expires worthless. Then you are free to sell the option again. Wash, rinse, repeat. Selling Call options that expire is how I have made most of my profit. Occasionally I might get it wrong and my stock gets sold in which case I make a profit on the sale. Then I just wait a week or so, watch the movement of Bitcoin, and end up buying the same stock at a cheaper price, or maybe a comparable stock. Then sell some more options and repeat the process endlessly. I use the cash profit I earn to buy more stock so I can sell even more options; Press the Bet by averaging down, never average up.

I am invested mainly in Bitcoin Miner stocks. The most interesting feature of these stocks is that they follow the price of Bitcoin and also follow the stock market action. That provides more volatility and better opportunity to sell for profit. The VIX indicator shows whether the volatility is higher or lower and the best time to sell. Essentially, I am just "surfing" the volatility in the market, and it is far higher among the Miner stocks than the mainstream market.

It is my goal to hold onto my stocks for substantially higher prices in 2025. So I am very careful to sell the options at a exercise price that wont get reached. Many stocks do not have options traded on them, Some have options that trade on a monthly schedule, and fewer yet have options that trade weekly. I buy the stocks that have weekly options because it gives me more control.

Stock options, Calls and Puts, are a form of derivative. They were invented in the 19th century by Russell Sage with support from J.P. Morgan, who once said "No one ever went broke taking a profit."

Good Luck.

I havent tried cc strategy before, all I buy are leaps. Aren't covered calls high risk?

Suggestion: I have 2000 APLD at $5.83. And I am absolutely not going to sell at a loss.

So I sold some $7 Call options out to Jan 17. And I collected about $1100 cash for the premium

If it reaches $7 by Jan17 then the position will get sold and I will make a tidy little profit. And I will be very satisfied.

If not then the Call options will expire worthless and I can sell more Call options in January 2025, make some more cash..

The point being there is a way to play this stock and make some immediate cash without taking a loss, IF you're willing to hold long term.

I make my money by selling covered Call options against my portfolio. .YTD I have made over $24K on a $60K position of all miner stocks.

If you are suffering with a stock in the red why don't you check out this strategy? It just might ease your frustration.

Anyone can explain the pros this company has over others in the space? Doesn't appear to be a first movers or technological advantage.

its a rotten system


stock market is a vehicle for big money to take from the little people

$5.70 hod was close to breaking to next zone