/biz/ - Business & Finance

>>17812498

>>17357258
It's mostly an advertising bubble imo. Sooner or later these boomer companies (that sell actual goods and services) will realize they have been throwing trillions of dollars away on digital advertising for little to no benefit.

>>17177217
I'll give you my example. It's as follows:

Have two brokerage accounts.

Account #1 will be for actual investing (buying and holding dividend paying blue chip stocks and ETFs for the long term along with diligently executed options plays as hedges or for a modest gain in the P/L ratio when an opportunity arises)

Account #2 will be your account for speculative plays (gambling with meme stocks and YOLOing into options plays with zero regard for myself, my family, or my future heirs).

In my Account #2, I have given myself $5k to fuck around with. I pick 2, 3, or maybe 4 microcap companies that have shat the bed in the last year or two to a couple of months and now have highly volatile penny meme stocks as a result. You'll be able to spot these type of companies by studying the charts.

SNSS and ONTX (two positions I currently hold) will exhibit this "shitting the bed" behavior in their equity curves. These are dying companies and their price spikes and dumps are their death throes. I dollar cost average over days and weeks, accumulating shares of the companies in doing so, until they have a nice and juicy death knell of a pump in price action (see: green dildo). These price spikes will trigger the limit sell orders I have put in place and I walk always with 50% returns on average after a couple of weeks of waiting and DCAing.

I take the difference out of Account #2 and transfer it to Account #1 where it sits as a sidelined cash earning interest until it's ready to be used to buy the dip.


After that, I move on to the next meme stock(s). Lather. Rinse. Repeat.