/biz/ - Business & Finance

Poopoopeepee

Ding ding ding! How did everyone do today? I'm up .14%, everything did horrible but LCI and a good-ish daytrade I closed too early kept me green. LCI earnings, lets see what happens. I hedged with options so if it truly tanks I'll be gucci

HON > MMM

honestly what the FUCK is a red day?

I don't even know
maybe one of you non-foodstock investing cucks still remembers

+.29%

>>13540414
I'm more interested in learning about the area than making money, this isn't something I would actually attempt to use to plan investments.

+609%

>>13540431
Down 0.19% ($48). That's it? Nice try, Bobo.

>>13540431
Only up 0.8 percent from yesterday, but getting wrecked in after hours (only up 0.2 percent now)

Fucking options man

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>13540431
Down 3.33%. I really want to sell my calls but Bobo won't let me

>>13540479
you're in the abyss, choronzon is there. be careful

Buy TQQQ

I decided to unload some bags so Im basically break even on a day but this is just laughable
absolute state of greatest economy

http://lannett.investorroom.com/events-and-webcasts?item=91
LCI earnings livecast for those interested

>>13540431
Picked up SSO on the cheap, basically flat otherwise with the new position offsetting everything else

>>13540529
ahhh I'm not giving them my name
just let us know if anything spicy comes up

>>13540515
damn you were feeling yourself this morning
not so easy to bet against the greatest country on earth, now is it?

>>13540529
idc about LCI but here

>>13540527
Earnings tomorrow premarket. My body is ready AS FUCK.

holy fuck LCI!!!

>>13540431
-0.1%

but my Hertz is mooning so maybe we get green

Looks like LCI beat.

Always nice to see shorts get fucked.

>>13540431
RH says I’m up 1.78% for the day, but that’s nonsense. It makes it look like I lost 1.5 Yang yesterday and regained it, and give me this crazy graph.

Point is I’m still -4.67% in a fuggin bull market because I chased after biotech memes, and thought I’d DCA down, and now the moneypit is on fire.

BTC, UNH, MCD, LCI, HEXO, CGC have all been helping me make my comeback, but I didn’t buy enough to offset my losses.

>>13540585
I mean I spent literal MINUTES on Sunday looking through my cowgirl doujin collection and photoshopping DF OC to try and help these kids make even the smallest amount of money

and they're still losing money
ridiculous


also

LCIIIIIIIIIIIIIIIIIIIIIIIIIIII

>>13540557
I was pissed of cuz some stuff IRL happened, I bet against wanna be greatest economy for fewmonths, doesnt mean Im always short I sometime ride FED pumps. Thats not economy, its a joke, its laughable that Im making money because FED did something or said something instead of making money on some decent companies. I love making money on pharma companies I understand, but making money because PPT was engaged is picrelated me, its disgusting but hey at least its not my country doing crazy shit like that, I just capitalize on it

>>13540628
hey sorry to hear about the IRL stuff, hope it goes OK
I will buy some GDX and SLV tomorrow for you

>>13540557
Literally just fill in the fields with
Fred
Fred
Fred@fred.com
Fred

Or any name you want.

>>13540474
How, where and what do I buy fren?

>>13540594
Iron hands. Steel hands. Golden fucken hands.

>>13540557
I should also clarify that I closed my longs on some companies I dont think will perform well this week, this was covered by gold and IXs plays hence break even, now I dont have bags and I have capital I think I'll need this month. Better prepare early than be stuck with bags late
>>13540641
thank you darling, but dont buy SLV, buy platinum instead at least

>>13540491
god i wish that were me

>>13540616
what milkies to invest in tho

how brainlet can you be to buy stocks at current valuations

>>13540659
How do you feel about something more practical like tungsten?

>>13540594
Solid beat. Should’ve bought more before the bell. Fuck my life.

>>13540649

>>13540675
idk, never played it, I dont even touch copper altho I should tbqh.

>>13540681
Tungsten is good metal. Medical applications and shit. Previous metals get too much attention because they’re shiny.

>>13540676
...sell at 9.98?

Point at this guy and laugh

>>13540433

>>13540676
I'll listen to the CC later tonight. It took another 20% increase in the float short for them to keep it down after the last quarter.

>>13540674
>who /BTFD'er/ here?

>>13540699
Holding for over $30 bro...

>>13540594
We had this conversation before. But feasibly in the best case scenario I feel like it could build up to 20 if it gets lucky. Are the people yelling 30-40 just insane or is their headquarters secretly built on an undiscovered vault of diamonds?

>>13540509
Buy link.

>>13540699
>Previous metals get too much attention because they’re shiny.
Thats actually not true in case of silver when it comes to price manipulation

>>13540715
They are paying off debt sure, but can they really recover years upon years of hemorrhaging in a short period of time? By that I mean like a year or less.

>>13540736
*precious
Name one use silver does better than other metals besides look shiny.

>>13540728
Calculate the damn market cap man.. it could actually go a lot higher than $30-$40..... its waayy undervalued!!

I have complete faith in Donald to finally get a trade deal and IQ to report 100 million subs at earnings in coming weeks.

If those two things don't happen by the power of Satan, guess im just finally fucked.

>>13540667
DF
in the past when I told you to
too late now

ah good, im 20% the average volume on Bowl America
you guys should market buy into this and walk away

>>13540728
Normal valuation of the company at 20 maybe. The shorts will take it a lot higher. It is only this low because of an oversell and overshort. That's why 30 isn't a stretch.

>>13540748
>but can they really recover years upon years of hemorrhaging in a short period of time? By that I mean like a year or less.
YES

>>13540772
Guess I have not looked at numbers on it closely since it was near 15. Gonna reevaluate. Either way congrats on today.

>>13540760
https://geology.com/articles/uses-of-silver/
not saying it does it best, but I know silver is really useful metal in our times and theres so little silver on planet price would skyrocket if theres no manipulation from side of regulators, they need to keep it low for industries to use it cheaply. thats why silver rocks during financial fuckups, not because some jews are getting jewed and somehow metal quadruples in price but mainly because financial institutions can no longer maintain pricing they hold in peaceful times

>>13540706
>>13540674
>tfw babby accounts dont have to worry about tax events

Good lord Cramer...
Also we made it LCI frens

>>13540701
Well played.

>>13540788
>that volume
man It's tempting
but I can't go there with you

someone else buy this stock

>>13540828
Im europeen now, I pay taxes when I sleep more than 8 hrs

>>13540793
SHORT INTEREST
21.35M
% OF FLOAT SHORTED
76.80%

But how? Even after so many big trading days for it? I mean if Bears are right they will almost have trouble dragging it as low as it once was. The risk reward payout is skewed. Am I insane or does this look retarded?

>>>>13540835
Tv man a good dude. Tried to save us from today’s JUSTing. But it didn’t happen!

(Just a matter of time before funkopops are the next beanie babies)

>>13540788
Bowling alley? I don’t get it. And I have a history of picking the wrong smg memes.

>>13540867
you aren't insane.. shorts are just retarded.

>>13540867
The bears are legit stupid. They thought it would go bankrupt somehow. They still think that even if with debt being paid, Levo being replaced, and healthy signs that it will inexplicably go under. The Levo drop was already priced in. They act like it will fall based on the Levo loss again for no reason.

Buy the shit out of it if they hold this earnings off.

Do I all in DF tomorrow yes or no?

>>13540841
what puts did you have?

>>13540894
>>13540900
But the volume required for shorts to cover is equal to like..5 record days of total volume. People have been holding literally 10s of millions of shorts since as low as 5-6 dollars and still are holding. Jesus.

>>13540932
Do we... do we buy more?

>>13540932
they were hoping for a bankruptcy.. that clearly isn't happening... they just kept doubling down on a company that is setting up for growth.. its fucking crazy...

LCI going over $30 soon :)

>>13540923
I had no puts.

>>13540957
If you're correct then yeah, shorty fuel gonna launch price like rocket

Futures just implode or am I seeing things?

>>13540954
I plan to if I ever escape my IQ bags. They have one last good setup but it hinges on Donald to actually make a deal.

>>13540875
if your order ever fills, its smooth ranges for life
look monthly candlestick history

>>13540978
holy shit

>>13540954
I would love to drop 40k in LCI if I can free it up.

>>13540978
>Futures down 1.22%
WHAT THE FUCK IS IT THIS TIME

>>13540982
Investing.com, maybe a glitch?

>>13540995
>>13540993

>>13540978
>>13540982
>>13540995
I've checked three different sites and they seem normal?

>>13541006
>>13540995
>>13540993
>>13541008

>>13541008
https://www.bloomberg.com/news/articles/2019-05-06/u-s-says-it-will-raise-tariffs-after-china-reneges-on-promises-jvcunuec

>>13540987
>>13540980
Are you folks for real? You really think there’s that much potential left in this one? It’s got to come down a little first, right?

>>13540981
Will look into it. I guess it’d be the type of business that does well in the summer...

I don’t get how to play volume and caps though.

>>13541016
>>13541014
OOOHH NONONONONONOOOOOOOOO

They gave us a chance to get out, and we didn’t take it. Thank you Cramer, at least I saved a little bit of money.

>>13541018
>You really think there’s that much potential left in this one? It’s got to come down a little first, right?
how new are you?

>>13541018
>They gave us a chance to get out, and we didn’t take it.
speak for yourself hehehehehe

WHERES MY TARIFF MAN HAT???

>>13541014
>>13541018
It smells of intimidation tactics to squeeze out a few minor concessions. It obviously could fail. But he did it with Mexico, he did it with Canada, he "kinda" did it with the EU.

Well looks like ppt will have some work to do over night
>>13541050
China is not mexico, he can do bullshit deals with Canada that change nothing but he cant do that with China. But it doesnt really matter, greatest economy ever runs on headlines of Trade talks going well, regardless of his plan, headlines aint gonna be nice

>>13541050
Well I just panic sold Tim AAPL at 206.60
Go ahead and laugh at me.

>>13541030
>it’s a long squeeze
Pretty dumb, fairly new.

>futures
>mattering

>>13541061
You sold for a profit most likely still. Sometimes its smart to wait out volatility m8.

>>13541006
>>13541014
let me say just how surprised I am that the Chinese are acting like little n-words: 0% surprised
it's who they are

>>13540907
too late to push much money into DF, their earnings are tomorrow

>>13541084
Cost per share: $186.20
You mean wait out by selling and seeing what happens, or wait out by holding and seeing what happens?

>>13541098
Wait what?!
I thought they reneged like they weren’t coming as they had promised. God damn it what did they renew on? And Liu is coming, that’s a really good thing!

Wtf?

>>13541103
Both. All depends on where you got in, where its going, future catalysts, ect. In your case you made money and took profits. Many sabotage themselves and wait long enough for profits to become losses. Timing and risk tolerance.

Algos worked all morning pumping the indexes to get it close to where it was at and it got fucking flushed and now they have to start all over LMAO.

I think algos are going to say fuck it and let the market flush to hell.

>>13541117
I think the week will be red but everyone will wait till Friday morning for anything crazy.

>>13541114
I fucking knew I should’ve take profits after they reported killer earnings... well I guess I’ll try to be better next time.

>>13541117
PPT doesn’t do after hours/futures

More cheapies!!!! I didn't buy anything today, nothing was cheapie enough.

>>13541098
>>13541109
THIS is exactly why I was cringing on CHYNA discussion yesterday, theres a reason for bans of tweet images and shit. China is prepping something behind closed doors and they dont want anything affecting their descisions, I wonder what they cooking there

>>13541131
>>13541137
This is how you make money when politics is causing massive dips.

>>13541117
as long as China is the first one down the drain, flush away

they can't pump like we pump
they can't dump like we dump

little yellow bastards will be running out of dogs to eat and starving in the street before they see 2020
They'll be wishing they accepted the mercy offered to them by an old American TV personality and the very diplomatic Mr. Lighthizer
But of course the chinks thought they were too clever


(JK, love all people, let's get along :^) )

>>13541137
Seriously? Tons of great cheapie growth stocks on sale today
Dropbox hit 23

>>13541144
sure works for those who bought today lmao

>>13541093
If they beat earnings I assume the stock is way undervalued, if they don't I will be able to buy tomorrow in a dip. Or does that not really make sense.

>>13541153
I'm personally bad at trying to buy exact dips so I tend to focus on longer trades and pricing in. Good to know where you fall in these kinds of things.

>>13541137
>Mfw cheapies

>>13541144
Which is how?
I still can’t tell if I just JUSTed myself. But I know I could’ve done better. Glad I took some index off the table last week for sure...

>>13541189
>implying you know how to pilot a helicopter

>>13541178
yeah thats why I wasnt excited about today price action, there is more to come, PPT has been weak since Friday I can see it. I'm not sure whether its deliberate weakness or they just can't push it hard at these levels and 0 liquidity but it's clear they re not doing what they did when I was longing this wannabe economy. It might be a set up idk, thats why Im not sure and was prepping cash for this

(((((Mnuchin says if the Chinese changed position, the US would be willing to keep talking))))

Clearly its hard ball, lets see if they step up to bat. Its not over yet this is just final round negotiations in Trump Land.

>>13541202
If it dips more this week cost average in if you think China will play ball, if not wait till next week then cost average.

>>13541208
If anything today showed strength. We were presented with a potential break down and lost less than 1/3 of what China did.

>>13541202
I know how to make the blades go wirrrrrr

>>13541166
listen I've been telling people here to buy DF for about a week now.
If you want to buy it, it definitely has some upside room to run.
Definitely don't go all in on it though, even 5% of your stack would be a really hefty portion

you know what I'm going to give you some other advice too
You can buy DF shares, and it's OK, but if you really want to enrich your life, you're going to want to buy some of their dairy products as well.
When you taste their ice cream, the smooth creaminess will really let you know that you're eating a product from the #1 dairy company in the world.

I just had some, exceptionally creamy and smooth texture. Delicious.
Don't be the person whose entire life is in some stock portfolio: make sure that you keep your real valuables close to you, at home.

>>13541230
Way less than 1/3. Shanghai was 5.58%, US indices an average of 0.4% down (not by cap).
We lost 1/14th what they lost
I don't know where to see SSE futures, I assume they recovered a little bit

>>13541230
>If anything today showed strength.
pic related is what strength looks like

>We were presented with a potential break down and lost less than 1/3 of what China did.
>I only lost one ball there I win
Chinese markets tanked last year too and I think year before that, yet somehow US is still unable to show enough strength so chinks stop btfoing US on potential trade deal

Being better than shit doesnt make you a candy

that last minute dump was a fat finger people
dont even look at it, golden bull is still on

Market goes up, market goes down, can't explain that.

down dropped 200 points in 3 minutes right now in the futures markets

Chinese have to win SOMETHING to come to the table. Maybe this is just how they play Trump backing them into a corner.

Also find anon from last nights thesis interesting, that trump is asking for cultural reforms xi can’t just do in a couple years, and that he may be fighting off internal pressure to replace him if he shows weakness.

That you Ratsu? I’m still looking for my 5% beartrap... don’t know that I like your fat finger thesis

Holy shit, don't be a retard and stock up on vix.

>>13541276
The point of showing strength is not to face fuck your opponent its to make them do what you want. In this case its sign a fucking deal. Which greatly benefits markets. Don't move goalposts on me.

Why isn't tobacco performing as well as food? They're basically the same level of necessary

>>13541375
>The point of showing strength is not to face fuck your opponent its to make them do what you want.
which clearly donny was not able to do for months now

I decided to buy ODP instead of LCI. Wish me luck.

>>13541391
buy both

>>13541382
I dun no fren. MO has been crushing all my ball. I reely wan id do win.

Mebe coz politicos cud bash it for elecshunz.

>>13541364
Just bought 5 uvxy. Pray for me, I know not what I do. This isn’t a cheapie an I bought it anyway.

>>13541391
Wrong move.

>>13541411
I might still. I'm waiting to see if profit takers crash the price after earnings.

>>13541425
We'll see if you're still saying that when ODP goes back over $3.00.

>>13541359
the -5% only happened once in 1978 under the circumstances
the breadth thrust will make it very difficult to go further

Algobot wars tonight then on to the regularly scheduled ATH by the weekend

Futures green?

RUT still making new highs and refusing to go back below 1600.

>>13541474
Nope. They’re about to hit limit down

>>13541428
I thought the same, but he called me new

If it gets below 9.20? I think I’ll triple down.

>>13541447
breadth thrust... sounds tasty or erotic. Imvestopedia says it’s neither.

>>13541474
>mom find fard balloon

>>13541490
*or so they thought*

hey niggers

made mad bank on my put options on SPY at 289 strike at the top of the morning
came back in later with big call options going to strike 293
gonna be cashing some big dick gains out end of this week

made enough on the shit to where i can take a few weeks off trading if i want to .
also, fuck china and the namefags can suck my dick

hey /biz/
How many shares of at&t do I need to make 1k a month in dividends?
also what are some good dividend stocks to have in order to make 1k a month?
thanks

>>13541559
about 6000 shares

>>13541579
woah, so I would need 180k roughly to make 1k a month? that's a bit risky..fuck that

Anyone else making bank with BYND? It's the second position in my portfolio after deciding to take half my profits on a AAPL after a 25% gain.

>>13541591
That’s why divvies are best for wealth preservation. If you already have 180 mil, 180k ain’t such a big deal.

>>13541494
its really good because it shows the conviction in large institutions spx longs, they probably arent willing to sell all that for at least a year. the buys had much greater conviction than 2017 even

>>13541559
T grows its dividend 2% per year, its not worth it as a main dividend stock

>>13541636
would ford be a better pick?

>>13541607
>he bought the top
Lmaoing at your life when shorts get a hold of it it’s extremely overvalued right now the only 3 IPO’s worth their salt we’re Levi, ZOOM and pagerduty the rest are prime shorting material
You may have some profit now but it’ll go away shortly
T. 13k off Lyft puts

Fuck it. Buying SQQQ 10 dollar calls tomorrow. I didn't think he would actually increase tariffs

>divvies are best for wealth preservation

>>13541591
Don't pick such an expensive stock then retard.

Way better divvie picks than AT&T

>>13541645
no no no thats just not any good. if you want dividends they have to grow them yearly at least so it beats inflation. Anything on the dow is a good example of good dividend stocks

>>13541671
such as?

>buy index etfs every months
>buy extra at fear and greed levels below 50

Why is this a bad idea?

>>13541681
ROPE

Getting UVXY or TVIX tomorrow. It's going to be red this week.

>>13541681
GEO

>>13541693
it's a good idea

you can buy sector ETFs, blue chip stocks, that kind of thing on oversold conditions as well

>>13541704
woah 9% at 1.92 payout?
weeeew, this is a scam right?

>>13541702
LOL we're going to see SPY at $300 by Friday.

>>13541745
it's an REIT
buy it or be thrown in jail

>>13541747
(((they))) didn't have a chance to buy enough shares today. Suppress the price another day.

Alright /smg/, what simple stocks are not too late to get in on? Shill me your still-gainable gainers.

Not options plays, shorts, or total fucking dice rolls awaiting FDA approval. But some real buy and sell shit.

My spider silk company isn’t moving anymore, already run too far, and LCI is a wait and see if the shorts cover and I can buy back in lower. Tyson, deans, and all the foodchads I can think of are still too high. But damn Tyson took off when they “revealed” they were releasing a new alternative meat. wasn’t that obvious when they sold their BYND shares?

I put Merck in my Roth, but I really should’ve used UNH instead... or even ANTM. Fat guy on CNBC tomorrow boosted those and trashed pharma, and he made some good points.

>>13541665
Better for wealth preservation than moonshot gains or speculation or passive income, etc.

Owning land probably best for passive income, hire someone to landlord and collect rent.

>>13541636
I thought the big guys were sitting this out. Or is that just the hedge funds? So who are the tutes then, pension funds and stuff?

>>13541607
25%?!
Shit I just cashed out with only 12%
But yeah, anon is right, it shouldn’t be trading at 3x IPO price.

https://www.msn.com/en-us/news/us/to-stand-out-the-army-picks-a-new-uniform-with-a-world-war-ii-look/ar-AAAWewJ


Europe beware
https://www.cnbc.com/2019/05/04/warren-buffett-on-tesla-id-bet-against-any-company-in-the-auto-business.html

TSLA to 1000

>>13541758
what about arbor realty trust?
is that considered an REIT?
should I buy that sweet dip?

>>13541745
You’re welcome
Good hodl if it goes to 19 it floats around 19-21 sometimes going to 21

>>13541799
I have ABR, NRZ, ARR, and a bunch more REITs, as well as high-yield stocks, ETNs, and ETFs

you can just buy an REIT ETF, or make your own 'basket' of REITs and yield-generators

high yield = high risk that they cut the payout or have to sell profit generating assets.

diversification is going to really help with REITs and high-dividend paying stocks.
individually they can be fickle, sometimes under-performing or outperforming. But if you buy a decent handful, you will generate solid, stable payouts.

>>13541785
SNC.TO

>>13541785
the big guys did not sit on it, only mutual funds could create the breadth thrust, its a sure sign of massive institutional buys, COT still shows large specs long and small specs short, but have to wait for tommrows update

hedge funds dont even matter lol they suck at life

>>13541847
can you give me an idea of how many shares you would need from each stock to generate 1k (im tryin quit my job here)

>>13541747
>>13541772
Just don't see it happening. Shit is going to bleed red for a bit until people remember negotiations are going to take longer.

>>13541240
DF is just 4.2% of my portfolio as of closing today. 635 shares. All the bad news has gotta be priced-in by now, right?

HELP DAMMIT

So to set the scene, I'm 18 and I got no money. Tried my hand at the stock market. Got a brokerage account at "Charles Scwab" Aparently, I opened a MARGIN account and I was able to buy around 20,000 dollars worth of shares. I bought the following:

BABA: 50
BIDU: 50
IQ: 50
MCD: 7

So, technically speaking. I'm 20,000 in debt right now. The interest rate is almost 10% for a margin loan at Schwab. Is that per month? Per year? Or do I just pay that when I'm able to pay back the margin loan?

IDK guys i dont want to file for bankruptcy before i finish highschool but i also want to make sweet cash. Am I doing good? Am i retarded?
YOU GUYS ARE GROWN UPS RIGHT?
HELPP

SO I NEED TO KNOW IF MY INTEREST RATE OF 10% IS DAILY OR YEARLY

PIC RELATED IS TODAY'S RESULTS

>Orange man will save me!
You do realize this is the same administration that fucked up a coup with an easy target like Venezuela. It's like trying to shoot some fish in a barrel in then missing.

>>13541877
>>13541877
Why did Charles schwab let some 18 year old nothing open a margin account?

>>13541890
its yearly
also you can just sell off stock to stop using margin

>>13541865
if you're asking, you don't have 1/10th of what you need.

>>13541877
hahahaha holy fuck you're retarded. Why would you do that? What fucking shmuck at Charles Schwab couldn't recognize a brainlet and let you do this?

>>13541868
It's oversold but trending down in the long term

they haven't turned things around yet (not yet profitable and paying down their debt)

an investment in DF right now is JUST to make some short turn money, then sell when they're above 2.50 again. It's a quick 40% pump.

Your long term turnaround plays are things like KHC and NWL. They are oversold but much closer to becoming profitable again, those are stocks I buy cheap now because they'll increase in value perpetually and pay a decent dividend.

DF -> free money, but take your money and go with a decent profit.
They still have big old revenues vs. their market price, they have a lot of good brands, and they do make very good dairy products. But their balance sheet has issues.
It's a cheap 'hope for buyout play'

I'll reconsider tomorrow based on their earnings, they might be very surprisingly good
if their ER is terrible, it's not even shocking, won't hurt value too much. It's already been sold into the ground

>>13541877
You're so fucked dude lmao
how did this happen

>>13541877
It's probably 10% per year, billed monthly

Honestly Schwab is really 'friendly' for a company, they have great customer service.
Try and call them and explain the situation, that you didn't know what you were doing, etc.

They will help you as best they can. That is 100% the best thing you can do.

>>13541877
you need $2000 for a margin account and you can only borrow half of what you have. So did you deposit $40,000 or are you playing with a demo account?

>>13541877
youre going to the concentration camp. its 10 percent per day

>>13541956
compounded continously

>>13541938

>>13541877
So your first attempt at learning stocks was with money you didn't even have? Did you ever stop to think how retarded that is?...

You are fucked kid, you are so fucked you don't even know it.

>>13541877
Your fucked unless your holdings all skyrocket in value enough that when you sell you get enough profit to cover the loan (20k). Plus whatever the interest is. Never, never do margin unless your damn sure whatever stocks your in will moon like shit or your able to pay it off before the interest payments eat your ass alive. Think Credit Card; kinda the same principle.

>>13541906
I have no idea why. I was suprised when it actually let me buy stocks when i had zero dollars in the account. It's all automated.
>>13541922
>>13541951
>its yearly
Omfg thank you anons.
Okay, i'm not going to sell now.
Assuming the stocks i invested in go good, i wont be in debt right?
And if they go to the shitter, i'm fucked right?

>>13541929
>>13541938
I'm confident the chinese stocks i invested in will do well. Assuming they do, what is the problem?

>>13541951
>playing with a demo account
Idk. How do i tell? Doesn't look like that to me.

>>13541977
I'm confident in the upcoming chinese economic boom.
My only qualm is if the interest rate will but me in negative earnings

Anyone who isn’t in Cresco Labs ($CRLBF) must be smoking crack. Lawl

Is YRIV worth getting?

>>13541995
oh my fucking hell dude, please post when you get margin called, this is going to usher in a new era of smg

>>13541995
>>13541995
You know China is one big giant bubble, and if they don't handle these tariff talks right, the whole thing is going to collapse.

>>13541995
China is about to shit itself before that boom happens. I hope you are ready to get raped by the interest rate.

>>13541144
Theres a difference between petty politics causing dips on single stocks (NKE, KDP,DKS, PFE, Gun stocks), and a broad market dip based on global trade policy. The former is free cheapies when people who in reality can't afford or dont buy a specific product to begin with call for a boycott and simply get more press than is warranted, the latter is a very serious red flag.

>>13541995
>Okay, i'm not going to sell now.

you need to do what I said in my post

call Schwab client relations right now
there is no other course of action you should take
you need to call a nice customer service person at Schwab and work through it with them
they are well trained and nice, they WILL get your situation resolved the best way possible.

>>13542019
>>13542013
Someone needs to screencap this kid's posts and save it as "justfuckmyshitup" so future senpai can learn from this mad max stupidity. I hope for his sake everything works out and he walks away smug as fuck...

>>13540474
Yep. My good friend T will help take care of me when I'm an old fuck at 65.

>>13542001
Uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh not really it’s the same as RBZ or CTRM just pump and dump shit people hodl to for when the day comes it pops
I got in at .88 and watched it sink and fly to .99(at which point I sold) I don’t think we’ll be seeing double digits until after the trade deal and maybe even further than that
I mean it’s “safer” than a biotech stock as in you can pull out and not worry about crazy FDA garbage but you do have to worry about halts if it flies to high and might end up like HUNT

>>13542046
I hope he closes his account but watching him go 20k in debt at 18 years old is epic

>>13542058
I'm just curious because once the trade deal settles this thing can moon but that might mean a few months of holding onto a piece of shit...

>>13542013
Whoever made this, the yellow teeth are a nice touch

>>13542040
Hold on, i'm trying to get some things straight.
On the ASSUMPTION my stocks do well
And lets say i end up with 500 dollars in profit (today i have 150)
So i can pay back the 20,000 and the interest, right?

I cant call them right now my mom will be like "wtf are you doing kid?"
>>13542046
Pls read and answer it above
>>13542080
J U S T

Dividend frens, how is the financial sector for us? Banks or insurers? I don't know if exposure here is even necessary.

>>13542080
Seriously, that's like student loan type shit but instead he will be getting lessons in tasting the pain.

>>13540431
what a tremendous faggot shitpost

>>13542094
meme fren was legit artistically talented
>>13542112
>tfw he'll have to work for 2 years at Mcdonalds and not spend ANYTHING to pay this off

>>13540474
no one gives a shit

>>13542089
Exactly.
I mean at the current price it’s at might as well drop like 200 bucks in it and if it moons you might end up with 1500 and worse off you don’t win anything I got out of it but might buy in again based on current politics

>>13542106
KEY IS KING
Decent div but the growth is worth it I’ve been in since last dip to 15 and haven’t been disappointed those guys are going to Bank of America levels next earnings

>>13542097
In a situation like thid you need to admit you made a mistake, face the consequences, and change your course in the opposite direction before things get worse than they already are. You're in over your head.

Margin dude.... just sell the fucking stocks... you're not in the red (yet)... the 20k will go back to them and you get to keep whatever $100 you made...

needless to say don't buy again

>>13542106
banks are the top dividend growers right now. the only problem is the 10 year yield might not increase anymore

BOJ is coming back tommrow and pump us 1 trillion yen

>>13542143
>>13542151
Okay so that's the problem.
Its's clear i made money.
Why cant i keep going for a week or so?
Assuming i pay that 6 dollar interest

>>13542128
I want to drop 1k on it to make it more worth it but then I would be risking it all. I don't know if it's that 18 yr old that is going to be 20k in debt but I suddenly don't feel that bad making such a move because I still wouldn't be as fucked as him even if everything went south with YRIV.

>>13542196
Because you hedged your bets wrong and China is about to get justed for trying to look tough and so are you. Seriously, don't fuck yourself into the dirt kid and stay away from margins if you are still just learning. I hope this is an elaborate troll...

>>13542196
Investing in China is playing with fire in the first place. Investing in China with other people's mone, well that's just jumping into a volcano.

>>13542196
You're playing with fire kid...

>>13542196
> Why cant i keep going for a week or so?

Because you're a greedy fuck with no clue what you're doing?

If you made some money, great for you. Take it and unfuck your position asap before it's too late. Don't trade with money you don't actually have, unless you want to ruin your life beyond repair.

>>13542196
Don't take chances on this you giant retard
The fact that you have no idea how margin even works is reason enough for you to sell
Just sell while you're ahead and avoid the possibility of being $20,000 in debt at 18
Next time invest with money you actually have

>>13542225
>>13542236
>>13542239
>>13542271
>elaborate troll
I swear i'm not.
But the way you guys are describing it, i either lose a ton and file my ass into bankruptcy-
OR
I clear a ton of money?
If that's the case that's a gamble i'm willing to make.

>>13542287
Yeah don't listen to these pussies, don't even bother with stocks. Just buy options, it's easy! Buy a bunch of SPY calls, strike price doesn't matter it's free money. If they don't let you do that on margin just buy hundreds of shares of SPXL.

>>13542097
it isn't acceptable to take risks with borrowed money

especially at 10% interest, but really at any interest rate

if you coordinate wiht the people at Schwab to get things resolved professionally now, they (and your mom) will think much more of you then when you blow through the 20K and your parents have to bail you out

the only acceptable course of action is to call Schwab right now

I swear if you're the 'all be it' wsb troll form yesterday....

The only way I'd do a margin is if say Amazon did a massive tank as happened last year. I'd feel confident then cause I'd know Amazon would rebound back to the pre tank levels. I could sell at the high; pay off the loan and still walk away with some Profit.

But this is only if the stock in question was a sure thing to rebound and if that rebound was high.

>>13542287
Kid have you been paying attention to this trade deal?... Newsflash, China has not been winning at this trade war.

it's got to be the same 'covered call' troll from yesterday

see you in 24 hours kiddo

>>13542287
Worst case scenario is bankruptcy and ruining your entire life, best case is like a 20% gain over the course of a few months

>>13541877

Okay kid... Listen up... I’m 32 years old, trade on margin and can explain how it works because I’m a mothafuckin’ engineer with the maths.

Take whatever percentage margin rate they show you and multiply it by the amount of money you borrowed.

Take that resulting number and divide it by 360.

Take that number and multiply it by the number of days you’ve been using that money.

Take that resulting number and divide it by $7.25,

And that’s how many hours you’ll need to work at McDonald’s (pre-tax) in order to pay back your margin loan.

You’re welcome.

>>13542287
>If that's the case that's a gamble i'm willing to make.

Everybody is telling you that you're fucking up and you think you're invincible because you made a lousy 0.5% by chance?

Can't wait for the thread where you're crying that you're ruined your life. You deserve everything bad happening to you.

does schwab have paper trading? im pretty sure this guy just clicked paper trading because who gives 20k margin for 0 up front collateral

>>13542287
Too obvious larping here.

>>13542330
I hope so. I mean it would be hilarious to wake up the next day and see this kid regret fucking his own shit up so bad.

>>13542351
It has to be a fake and gay troll.

>>13542365
it's definitely the same person
the overall troll metastructure is the same
time of day is the same, posting style, grammar, and word choice is same

honestly impossible to tell that it's a troll until like the 4th post though, just because we do have so many zoomers come in here asking the same questions ...

Ay yo let me tell you something
Fuck the market
Fuck Trump
Fuck Powell
Fuck the chinks
Fuck anime
Fuck dividends
Fuck T
Fuck LCI
Fuck you food fags
All in Tesla and weed shit nigga

>>13542402
>Fuck you food fags

yeah nah

>>13542306
I'm gonna wait and see how it plays out tomorrow.
We end green tomorrow i'm keeping it. End red i wait till i'm even, sell, then fuck away from margins and thank biz for saving my ass
>>13542333
>4k gain
Hmmm
>>13542334
I already calculated that.
Bit under 6 bucks a day.
Minimum wage here in nyc is 15 bucks btw.
>>13542349
Live fast die young
>>13542354
>>13542379
>>13542396
How do i prove im not trolling.
You wanna see my student id?

>>13542396
I had suspicions from the beginning, I mean who hands an 18 yr old a margins account and then 20k?...

>>13542417
I still have my student ID from 12 years ago. Proves nothing. You larp. Larpy larper who larps.

>>13542417
go and work on getting good posts ready for tomorrow

don't waste any more time on this one, all the possible responses to your posts have already been made, it would just eat up internet bandwidth to continue at this point

>>13542417
They will liquidate you maybe tomorrow. They there is a min ratio of equity to margin to hold. 50% for you. thats why they need 10k of your skin in the game to keep that margin open. Also, you owe a consulting fee from your other thread.

>>13542169
Isn't that just a function of banks cutting their dividends in 07-09?

china played their hand so shit here.

>>13542304
Hehehehehehe, yeaahhhhhh man, this is the ticket!!

>>13542287
You could win big (unlikely) or lose everything (unlikely). Most likely, the result will fall somewhere in the middle. In the long term, you're probably bound to lose. The vast majority of the people do not get a better return on their investments in the long run than the average return of the market. On margin, you very well may need to beat the market average in order to recoup the 10% interest. Suppose you go to bed now, with your position up less than 1%. You could wake up tomorrow and find that your position is suddenly down 2% in pre-market hours. How will you feel then? Will you wait it out until you break even again whenever that happens, if that ever happes. Your position may fluctuate down and up under your 0.2% here and 0.1% there, never even breaking your starting value, all the while accumulating interest. You're not going to feel happy if you have to hold for months praying that one day soon you're stocks will go up enough to recoup the cost of the loan.

>>13542474
When you try and act tough but only end up looking stupid.

>>13542469
well, sort of. everyone cut div, banks cut the most

>>13542474
they might have an ace up their sleeve, but if you've ever dealt with Chinese you KNOW that this is just how they act
It's programmed in

>>13542204
Meh drop 500 if you can afford 1k that’s plenty given the volatility and just set a sel limit for like 9-10 bucks and never look at it again. I’m serious the volatility will make you sick

>>13542469
no, they werent allowed to raise dividends until the stress tests were introduced around 2014-2015 so now its much safer than that era

>>13542494
Sounds reasonable.

>>13542431
I DONT KNOW MAN. SOMEONE SAID IT MIGHT BE A DEMO ACCOUNT.
I opened the account, downloaded the app. At the place where you buy stocks i just kept on buying till it wouldnt let me anymore. Stopped me at 20k.
>>13542448
It has my DOB you fucking tard
>>13542452
Ok then
>>13542455
This seems most plausible to me
>>13542481
As well as this
>>13542481
Good advice, thank you.
Having an existential crisis on whether to sell or not

Fuck I wish I was 18 again or hell 20. I'd have bought 149 T babies and held them till I was 60. The resulting Divvy payment would be insane.


Ah well such is life. Least I jumped in while I'm still kinda young (36).

>>13542515
>kinda young

tell me about the 80s uncle anon

>>13542506

>>13542506
>issue date 2015
Gtfo you loser troll fag

>>13542544
I void your advice because you are a brainlet.
Issue date is 2015. AKA FRESHMAN YEAR.

I got a lot of trips posting here.
It's a sign that KEK has blessed china with an economic boom and i will reap the money that comes of it.

If you want to make big monies, you gotta take big risks

>>13542603
You are going to get your shit fucked right up your colon, and I am going to laugh.

>>13542515
I’m 29 and I’M regretting not getting into this sooner I feel you man I’m teaching my boy about this and business/finance so hopefully he has better chances at moon missions unlike me

>>13542506
Low budget looking card. Very plebian. Could be anyone's card. Larp. Why do you want us to think you are so stupid?

This reminds me of an Italian saying...
>Even if a story is fake, it's still a good story
Let's watch a zoomer get fucked

>>13542515
I'm 20, turning 21 in a few weeks

>>13542673
>low budget looking card
It's a student id

I just don't think it's stupid. The financial boom of china is an inevitability as it is already in progress.
I think it's fair to say i will be making money from this boom with the 20k investment and it will be more than enough to repay the interest AND the loan.
>>13542684
It's our time to shine boomer

>>13542526
Cocaine everywhere

>>13542696
Cocaine cowboys is a great documentary

>>13542696
I feel like it would be super interesting to hang out with the guys downtown, just drugs and 'pure' business

all the people I know now aren't the drug people I used to know
That part of my life is in the past :/

I doubt if the young folk these days are doing respectable amounts of coke out on the coasts. probably not. I mean some are, but it can't be like back in the day

Speculation is that AMRN will be hitting the 30 range w/the top being 50. So assuming it does hit the top (50) and a buyout offer gets accepted that would mean you'd get $100 per share.

Damnit right now the stock is in the 17 range but I can't make my move till June 6th. Fuck.

So excited to watch the chink market implode

>>13541861
Pic related

>>13541861
>Canadian engineering & construction
Uhhh aren’t you guys in a recession?
What’s good about this one?

Plz tell me you cashed out of new range gold.

Anyone invested in the mining industry atm?

>>13541865
250 shares of NRZ for that.

>tfw sitting on money wanting to invest for months now
>too scared to jump in ever

Crpyto ruined me. The wild swings and gains and losses. My brain is fried and I feel the microsecond I buy something I'm gonna get fucked. All this China talk should give a good dip to buy in right

>>13541785
>Owning property
Only if it's a really nice property that can rented to the middle/upper middle class yuppies. Otherwise have fun being in an endless cycle of repairing and evicting for 25 years before you make your money back

>>13542910
>Canadian engineering & construction
https://www.investopedia.com/terms/c/cot.asp

>>13541865
149 T shares Dripping and held for 40 years will give you a very nice income.

>>13542805
Fuck it, I just "loaned" myself the money to buy my shares. Gotta take advantage of the dip while it lasts, right. I'll pay myself back w/interest by june 6th so it'll be all good.

>Per data reported to FINRA, short volume divided by total volume for $GDOT was 52.42% on 05-03-19 volumebot.com/?s=GDOT

Is this one of them bad news things? Robots give no context.

>>13542993
I'm thinking about loading up on SQQQ calls because they're cheap. Looks like it'll be a pretty fucking red week or at least friday,

I think a short term bear position is good with a long term TQQQ position because it looks like to speed up the trade deal trumps just going to increase tariffs and keep them like that until they give in

Please clink my stonks.

https://youtu.be/6wQv-DVLeNk

>>13543103
clink'd

>>13542555
Yeah you aren't 18 dicklet tardo. Post your driver's license if you really are smart.

So who held LCI? And how do you feel?

>David Wichmann, the CEO of United Health (UNH) bought $4.64 million worth of stock in the open market. That's on top of another purchase by Frederick McNabb for $1.5 billion.

What the fuck? How do I get alerted to insider buys like this, do I need to get a Twitter account or is there an RSS feed I can get? Are RSS feeds still a thing?

I own UNH and would’ve liked to buy more before the pump.

>>13543279
Can you give me good advice now?

>>13543306
Keep holding. Don't sell anything and hold for as long as you can. Max out everything you got and go long and you will be rich by the end of next year.

>>13543288
It's been at 9.50 before

actually I bought it in the 7's, rode it to 9.50, and sold it before once this year already

Might sell some tomorrow

>>13543306
>that hair
revolting, and I can only see the edges of it

>>13543310
Assuming you're truthful in this, thank you. I was thinking of doing this but everyone is yelling at me to sell or calling me a troll.
>>13543325
What hair?

>>13543342
Yeah the people telling you this don't have balls or a brain. Don't listen to basedboybetacucks

>>13543369
So why are you changing your stance now?
Earlier you were telling me i'm fucked

OH NO NO NO NO NO

(Is this what a cheapie looks like?)

>>13540431
+4.67, and F went green after hours, so my 5/17 calls will pop with opening bell

>>13543387
You are clearly not a troll so you deserve real advice. Just make sure to post your success and keep us updated.

>>13543467
I feel a sarcastic undertone in this post.
I don't know what to believe anymore.
I'm just going to give the brokers a call tomorrow and discuss it with them.

I've ended up with more confusion than i had from the start tfw.

>>13543392
As a rule of thumb I avoid things that crash that fast.

>>13543486
I'm sorry you think that but you should do what you think is right. A 100% no sarcasm.

>>13543502
Thanks i guess.
Sucess or failure, hope this ends up as a grentext story on youtube.

Good luck to the rest of the posters with their pursuits ITT.
If you have more things to say, please tell me because I'm at a loss. Thank you.

>>13543516
If you want to take some risk that will pay buy YRIV. Shit is gonna moon within a month.

>>13543486
You don't need our advice. You are a big boy now with a student badge and everything. I'm sure you've been taught critical thinking in America's stellar education system. Now go out there and do what you feel with money that isn't yours. Yolo.

>>13543531
I mean/biz/ is not exactly known for their economic prowess either.
>>13543526
Well okay then

>>13543598
We are all astronauts on our way to the moon.

Who here /getting tingles/ ?

>>13540760
It is literally the best conductor.

>>13543703
I-I bought a whole 5 uvxy’s!

Rate my portfolio:
GLD
AUY
KCNY
KL
ABB
SLV
VIXM Jan 2020 calls at $23
F Jan 2021 puts at $10
CZR Jan 2021 puts at $8

>>13543392

Depends why it sank like cinder block. Quick check on the news reveals this bioshit is down because a competitor's drug for the same indicator just received FDA approval. That's not good. However, it depends if this bioshit has other stuff in the pipeline, how their own clinicals have gone for the drug that just got beaten to the punch and whether their drug could still be competitive if it receives its own approval. My guess is this will bounce some but it's going to be dicey calling the when and how much.

>>13543487

For oversold bounces, I usually feel much safer playing the ones that dropped fast and hard rather than the slow bleeders. I used to do these gambles more in the past. Not so much anymore. Only interested if I consider the drop to be a wild overreaction or completely bullshit non-reason for a panic sell.

>>13543703
Sold my Friday puts this morning, then redipped again. 10% gains today.

>>13541678
To beat inflation, the rate just needs to be above the inflation rate, not necessarily increasing constantly.

NEW thread!

>>13544200
>>13544200
>>13544200
>>13544200