/biz/ - Business & Finance

I've had enough. Just sold 40% of my portfolio. Thank me later.

MU to $32 (or im fucked)

>>14354411
Oh shit is it starting to happening?

Are you prepared for the boogaloogaloo /smg/?

>putting a woman at a position of importance in your company

Just a reminder for all you poorfags: Robinhood is over.

VGLT is the best ETF.

It goes up when stocks go up. It goes up when stocks go down.

down 50% on my SPY somebody slap my ass and call me a bitch

Is the stock market starting to collapse? SPX/DJI/NDX charts makes me think we're in for a huge dump

>>14354571
>somebody slap my ass and call me a bitch

WHAT DOES A TRIPLE TOP MEAN

>>14354601
The markets are fine. Only the Euro-cucks need to worry about any kind of economic turmoil because instead of kicking out the illegals and making their countries great again they've gone full retard and embraced communism.

>>14354664
It means it will most likely test the neckline obviously

By the way the guy who called ke a fucking retard last thread is very rude and mean

What are your favorite companies and stocks? Need to know for an interview pls help

What a shitty power hour.

>>14354601
>Is the stock market starting to collapse?

Much too early to say.

Alright, say you get millions of dollars and you want to park it in an index fund. I had the idea of splitting the lump sum up across 12 months, in order to withdraw 4% on a yearly basis each month for long-term capital gains tax.

Is this doable? Could it all be done within the same index fund or the same account?

Yea yea yea I can do this I can do this I'm going to kill all the damn bulls
Fuck you baggie for not believing in me

though a miracle Im green today
thanks cpb, bwl.a, bti, and shortyen

>>14354601
Nah, we will easily go higher by the year end. But 2020 will be interesting. Especially if Trump fails to get re-elected.

>>14354858
yes this is what literally 99% of retired people do

>>14354601

The indices moved too quickly too fast from June 3rd. Way overbought.

The outcome of the G20 meeting will decide the next price action. The Chinese could absolutely WRECK Trump if they tell him to fuck off.

>>14354891
This price action is just a shake out to get cheapies in time for tomorrows face melting rally. You're going to burn your fur playing with this kind of fire.

>>14354781
Hello gayboys, I have just discovered an exploit days ago that already made me more than 0.45BTC in the last 8 days

Before you use there is one rule:

>please don't use it more than 3 times a day, or it will get patched faster

Go to the link below, scroll down and watch the video for explanation on how to use and proof of the system working.

Here is the generator link: bitcoin-generator DOT online

>>14355019
wow thanks

>GEO
>CRM
>TSN
Interesting habbenings today.

I really want to sell sell sell, but every time my hands have been weak I've regretted it... except for the few times I should've sold but didn't
Hmmmm...

>>14354900
forex?

>>14355019
thanks just generated 100k BTC

looks red as warned

DF is back to $1. B-BOTTOM CONFIRMED!

Y'all about to witness the Crip walk

CXW and GEO are bargains, r-right?

WHY IS IT STILL DROPPING!!! AHHHHHHHH

Market feels really boring right now, just waiting for trade war shit to really kick off some new fireworks

WHY ISNT MU DUMPING MORE AHHHHHHHHHHH

>>14355062
trying out the short yen etf, not on forex exchange

>>14354492
That nose. Is RH officially a (())/pajeet crossover?

What's up with the 'daq untethering from its bros lately?

>>14355398
Neat
Didn’t you want to long the Nikkei too?

>>14354744
You're a fucking retard and a pansy.
>>14354765
KYS
GFD
RBII

Hey that Anonymous shit poster didn't say KYS to me today. He probably did a swan dive from the 42nd floor or something at lunch time.

WTF IS GOING ON WITH MICRON NOOO

>be me
>regard the market as massively overbought
>buy the dip anyways when a correction feels due
How do I curb these buying impulses? Seriously considering taking a day-trade for a do-over.

>>14355535
Based

>>14355535
Shut up the h*ck up you poopyhead

>>14354424
gg

damn feels good to be a druid/brawny into 6 mage

well im rekt
bye everybody

>>14355735
Rest in piece sweet child

>>14355735
see ya tomorrow

>>14355499
yeah but, its just following american stocks usually so waiting for 20k area supports to trade it

Kek me helped make exactly bottom today $_$

Gonna try holding some SPXL and instead of selling at close like good girl

This most risk me have taken on since forever

Oh I just had to try to trade that nice bull flag Cresco Labs had going in the final 10 minutes. Instant dump and stop out, lost an extra 30 bucks for the day. Pffffft.

>>14355911
>Kek me helped make exactly bottom today

Mean and rudepilled

Where is DDDanon? I hope you guys bought that tasty MSFT dip like I did.

>>14354744
I do now realize that $50 is too low of a strike price for Jan 2021 BYND put LEAPS
Thank you for teaching me the errors of my ways /smg/

>>14355911
fake retarded kneepad girl is fake

>>14355911
>like a good girl

lol :D

Ding ding ding.
I hate all of you and I just lost everything. Today I'm eating soup behind a goodwill.

Yay a package I ordered from the states just arrived. No stupid duty charges this time. Thank you based customs officers for giving me a break!

>>14355622
I'm greener than your ID. KYS bagboi

>>14356114

What kinda soup?

>>14356114
The market will come back tomorrow. It always does. Unless you already sold.

Down -1.6% ($383.86) today. Heh. Thanks for the cheapies.

>>14356154
Fuck you too, anonymous shit poster. post proofs. I want to see at least +1% or you're not making it.

>>14356178
It won't come back until p diddy changes his tone, or Trump fires him...
Bears on parade...

>>14355911
>Fake
>Shit
>Garbage
>Low-effort
>Low-energy
>Image doesn’t even fit context
>Too obvious with “I’m a gril!”
>failure to imitate word use
>failure to imitate style

In other news, one of our worst posters has either found my favorite channel, or is copying my style. Again.

>>14355686
underlords?

Recovered most of what I lost yesterday, up 3.52%

>>14356176
A half opened can of chicken noodle that I found in the dumpster.
>>14356178
Some of us have bills to pay and have to liquidate at the end of the month, you dick.

>>14356401
You should never put money that you need for bills into the market in the first place

>>14356454
I haven't watched a capeshit movie in years, but I might actually be interested in seeing this Joker movie when it comes out

>>14356454
I only keep my rent/insurance in checking. Everything else goes to RH. This is how it‘s supposed to be done for maximum compounding. You are a jew who spreads lies and deceit.

>>14356540
shiggy diggy

>>14356401
You should have just paid all your bills with one of those 0% introductory rate credit cards they send in the mail all the time. Then just pay that one off with the money you make when the market comes back tomorrow.

>>14356483
maybe original batman writer have some truth to it as we know professional comedians are very depressed and suicide prone there is something in that profession people go insane like robin williams

>>14356717
Robin Williams went insane because of the booze.

>>14356743
yes but the booze always has origins, statistically it is known comedians suffer depression there are lots of scientific writings on these i know shouldnt have mentioned just one

>>14356743
He was always depressed. Coke and booze helped get him through the 80s. Then he had a daughter, got older, and finally got diagnosed with Parkinson’s.

Hard to see the light when you have a neurodegenerative disease, and you know things are only going to get much worse.

>>14356717
The Batman comic “the killing joke” is worth a read.

>>14354571
How are you down if you bought puts. Wtf

>>14356841
So he did his family a favor so they didn't have to deal with his wheel chair adult diapers full of shit years? I don't see the problem with that.

>>14356907
Cause somebody said red day was cancelled so I sold them and bought calls..

>>14356961
Mein Gott

>>14355629
>How do I curb these buying impulses? Seriously considering taking a day-trade for a do-over.
Alcohol, nicotine, dudeweed, copious orgy's, gotta find something that gets you in an objectively relaxed state of mind

I've heard willpower alone too, but never seen/met someone who could (long term), so that might just be a myth

>>14356937
Correct.

I’m not sure about the reality of that favor though. I think there’s a bit of vanity with men who do this or feel this way. They don’t want to be seen and remembered by others as feeble and helpless. But most of their loved ones would rather have this time together and get their last chances to bond and say goodbye, even if it means cleaning someone’s ass and or paying some Philippino care takers to do it.

>>14357039
Well I mean it could be argued its selfish of the family to keep the old bastard alive when he's suffering and just wants to die.

LOL. Where is Mr. $35 Puts now?

> 4.2 million AMD stocks traded on close

Why was the volume so high today?

>>14357109
Sure, but that’s not the same thing as sparing the family from a burden. And it doesn’t have the same quality of nobility. But you could make that argument.

Williams seemed very manic though, he likely experienced some extreme despair in his low moments. I’m not condemning him, but that’s what I’d attribute his suicide to.

>>14357003
Fuck. I’m trying to escape my vices though. Just ate a large amount of confectionary chocolate and feel disgusting, today is supposed to be my rest day so I’m just gonna have to go hard on cardio and core I guess.

>>14357275
It's been high volume for a while now. Buy now before it moons.

I need futures to fucking moon or I'm going to fucking get fucked again.

>>14357350
I already hold AMD stock.

Just wondering about the high volume and why it rises so much in the aftermarket today (1.7% up already). But it seems that Intel and Nvidia are mooning as well.

>slept in
>missed Powell’s move to give us cheapies

Too late to short?

>>14357720
hopefully....

>>14357769
HOPE HAS NO PLACE IN THE STANK MEERCAT!

>>14357916
The truth is my crystal ball and bowl of water are only showing me images of crabs. I don't know what it means.

VTSAX

RISE UP

VTSAX

>>14358052
>VTSAX
>STACK
>STACK
>STACK IT UP

>>14358052
>>14358128
VTI OR YOU GON DIE
what’s the Schwab fee-free equivalent?

Time to sell your T-babies.

https://business.financialpost.com/pmn/business-pmn/update-1-warnermedia-names-ann-sarnoff-as-ceo-of-warner-bros

>>14358159
i dunno im not a poor ass boomer using Schwab lmao

Vanguard or get out

>>14354370
why would the sprint t-mobile merger be a bad thing? can someone redpill me on this?

>>14358335
The argument from the government I've heard is there isn't a big enough 4th company to replace T-mobile/Sprint.

>>14358224
Vanguard was founded by John Bogle, the father of boomer investing. Have you not read the OP (cf. Bogleheads link)? Now SWPPX, there's an index fund. With a low, low expense ratio of 0.02%, it's the only worthwhile game in town.

what's the expense ratio of a fund?

>>14358669
Based
*sips*

>>14359071
Literally google

>>14359187
nigga better if someone explains it more easily

>>14359271
https://www.investopedia.com/terms/e/expenseratio.asp

Was chewy a bad buy?

Can we talk about based index investing for a minute?

>$6600 sitting in account from trimming VTSMX at the top
Any reason not to make my IRA contribution for 2019 right now, and just hang onto it until we get another meaningful pullback so I can shove it all into SWPPX/VTI? (Or MO if it gets crushed again)

Also, the remainder of my VTSMX is haunting me because it’s got a .14% operating cost, which means I’m literally handing my gains over to vanguard for free. Is creating a taxable event by swapping it into SWPPX now, so I can continue adding to it for the next few decades worth it?

.02% is a lot less than .14%... they’re basically the same funds, right?

>>14359310
At IPO it was, I think it has potential down the road. Not sure when I would buy in though.

>>14359299
okay, so it's the money the fund uses to rent a place and pay costs like researchers' salaries

>>14359416
I've got strong hands but I really just wanted to flip it

>>14359426
Pretty much, maintenance, marketing, and the salaries of the people who put it together.

Generally much higher in “actively” managed funds. Which is why finance sector has been experiencing massive layoffs. Apparently even if the fund manager gets returns that totally outperform the index, investors have lost the taste for these funds.

And looking at that ARK women shill Tesla... I can see why :^)

T Baby Empire Strikes Back! Honestly it's kinda insane just how many companies you get with T baby stock now. (Wekipedia helps).

AT&T itself (+ each Division)
Time Warner (+ each Division)
Xandor - Advertising
Direct TV

Did you know T owns Otter Media which itself owns Crunchy Roll and a shit pot of overseas TV assets. Then there's the Latin America unit of T which handles Phone/internet access.

So based on value your getting a shit load of assets all for a low low price of $32+ a share.

I'd guess the next biggest would be Disney followed by Comcast.

>>14359511
I think T is going to do a GE pretty soon. They're resorting to putting women into positions of power because of diversity and stuff. I would be looking for an exit.

>>14354370
Can we ban these stupid boomer threads from /biz/ already? It's already been established that the only way to make real money is in crypto. Why the fuck do you geriatric faggots keep posting your gay threads on a crypto board?

>>14359501
i read a graph that basically meant that index funds were a much better investment than ETFs (actively managed funds?), specially long-term. so i kinda understand why people prefer index funds for this, along with the mentioned lower expense ratios

also, what's the reason of these layoffs? yes, actively managed funds have the cost of salaries and all of that, but why the layoffs? i mean, aren't they -actively- managed funds?

>>14359345
No, the holdings of VTSMX is not the same as SWPPX, though you might reasonably expect comparable returns from either. If you like VTSMX over an S&P 500 fund, you should switch to VTSAX, which has a 0.03% expense ratio.

If you want to switch out of VTSMX, you should weigh your existing capital gains, how expect the index price to change in the future, and whether you would pay long term or short term capital gains tax. Decide for yourself whether it makes sense.

It makes sense to wait to make your IRA contributions if you need extra cash sitting around just in case. Otherwise, I would just make regular IRA contributions throughout the year.

Am i an ever bigger fool thank bitcoin buyers for getting into GBTC with its ridiculous premium? I don't want to wire tens of thousands of dollars to sketchy sites and otherwise i'd have to wait weeks

>mu
Vindication feels so fucking good. Wish I'd had money to buy even more.

>>14359561
Diversity in and of itself isn't bad. The CEO of Merck is a blackmen, and he is fucking KILLING it. They even got rid of their mandatory retirement age just so he wouldn't have to step down. Pretty happy I've got this one on DRiP, but I'm a little spooked for when he finally announces his successor.

But yes, diversity for the sake of appearing woke and appealing to feminism is fucking DUMB.

>>14359613
Ugh... it's a long term holding but it's doubled since I bought like 10 years ago. Already trimmed so hello taxman!

I guess I'll really have to compare the individual holdings, I thought VTSMX basically was an S&P 500 fund, I've got a lot of homework to do.

>>14359633
Coinbase isn't sketchy

>>14359604
I believe there are both managed and not managed ETFs and MFs.

Layoffs are because investors are no longer willing to pay the premium for active management, because the current prevailing dogma is "S&P index fund, just buy buy buy it"

how do you actually retire when its all your income? do you just sell stocks/ETFs as necessary and keep track of your tax cost for the end of the year?

>>14359806
how can an ETF not be managed? isn't it a specialized institution of investment, not run by an index but by actual investors?

also, what's an MF?

>>14359815
why sell stocks? maybe the time when you retire is not the best time to sell them. in my humble opinion, i'd first decide if it's the appropiate time to do so. if not, then save or give it as inheritance to sons or family.

>>14359815
I think you're supposed to just live off the dividends bro. Like get 10 million dollars and put it in QYLD and live off your million a year in dividends. The trick is to try to keep your stack of QYLD away from your second wife and 3rd mistake.

>>14360011
wait WTF? qyld has a yearly 10% dividend yeld?

>>14360044
yeah bro it's the best shit out on the market now that XIV is kill.

>>14359970
>why sell stocks?
Because you don't generally have an income if you're retired. So you may need more cash, and you'll be in the bottom tax bracket.

>>14359890
MF is Mutual fund.
Not sure about your ETF, weird wording, but I guess I meant actively managed. I don't think theres a lot of people monitoring and changing the positions on an ETF like VTI, which is why it has that .03% expense ratio.

>>14360011
>>14360044
Sure, but the stock ticker keeps falling over time. It's a trade off. You get good divvies, but bad ROI

>>14360112
holy shit. i thought that VTI was incredible with a yearly 2% yield.

>>14360133
that's why you shill it in every thread like dob to pump it.

>>14360044
Time is your friend. For ex: My T Babies will be giving me 36k by the time I'm 65. I'm doing damn good with my salary of just 27k now. Still got other income sources in play also.

>>14360133
stock ticker? what?

i don't know what's the problem. you get good divs, but badreturn of investment? what does that mean?

>>14360117
yeah, but you'd still have the divs these stocks give. tho i understand why it can be not enough.

yeah, the question was very strange. i meant that no ETF can be -not- managed, because there are humans deciding on what to invest, rather than just an index telling whatever ETF which stocks to buy

>T cut 1800 jobs
>didnt make the price flinch
How does he do it

>>14360173
how the hell does that even happen? do you reinvest the divs on more ''T Babies''? sorry to ask. but what stock/company is that?

>>14360298
Lad you really need to use google.

>>14360264
>i don't know what's the problem. you get good divs, but badreturn of investment? what does that mean?
It means that the ticker price drops over time. So, even though the div yield is high, the value of the principal is dropping in the longrun. Say you buy one share at $100 w/ 10% yield. That is a $10 dividend the first quarter (or whatever), but then the ticker price drops 50%...now your investment is only worth $50 and your dividend payment worth $5. At first you had $110 in stock and div. payment in total, now you only have $55....see the problem? You are losing money in the long run. Your Return On Investment (ROI) is bad

Is it worth buying sprint in anticipation of the buyout going through?

>>14360333
The way to counter this is to "buy the dip" when it happens. Now for real bad shit, such as whole market just goes tits up this may not work so well but for just in general ups and downs buying a nice big dip will help keep your money from getting tossed down the shit hole.

>>14360382
I hear good things about VIAB (Viacom) if you’re looking for one to buy on buyout hopes.

>>14360442
>buy the dip"
Except the stock dips during the divex date retard. It dips to reflect the div payment. You either capture the ticker move or you capture the yield. pick one

>>14360382
Best I remember under some terms of the merger 10 Sprint = 1 T Mobile if your goal was bagging T mobile shares on the cheap.

>>14360463
Why not both?

(Stocks dont ONLY dip when they trade ex-dividend.)

>>14360452
I'll keep it on my radar. But I'm expecting this sprint merger to go through, so I might pick up some cheapies. There's enough players up above to probably let it go through.

>>14360477
Shame that tmo won't join Verizon and T in paying divies

>>14360330
yeah i'm an absolute illiterate. i'm trying to learn as much as possible. it does feel good that there are people here willing to help me do so. just reading investopedia is a bit repetitive and just teaches the theory.

Are we going to retest the December lows after the trade news this weekend?

>>14360333
the ticker price? what's that? already searched google but didn't understand anything.

>>14360542
Don’t be such a cocktease.

Heard a talking head on CNBC today saying the market really only needs a conversation that doesn’t end with them storming out or communication worsenening. As long as they both show up and walk away with smiles and handshakes, the market will live on.

Seems reasonable. Can’t see the market really expects that much progress from Winnie the Pooh and dangerously cheesy.

I just took a shower and had a nice shave AMA

Key points: End of last year MSFT was going for little over $100 per. Now it's hitting 130 - 140 range. DIS was going for $109 - 112 due to Fox Deal waiting game. Now - $130ish Bet people are kicking themselves for not bagging them when they were that low.

T Babies hit a low of $28 and $30 per. I bagged all 194 of mine at $31.77 on average Now it's at 32+ per

>>14360684
I don’t know seems like analysts think a trade deal isn’t going to happen seems like the most risky week of the year

>>14360710
Disposable or safety? I prefer safety

>>14354907
>if Trump fails to get re-elected.

Trump has the political equivalent of retard strength. politicians spend time thinking while trump simply does

>>14354370
Each time Trumps gets cocky about the stock market it is time to SELL. Always remember what Buffet said, be greedy when others are fearful, and be fearful when others are greedy.

Is there really even any risk to covered calls it seems like free money

>>14360746
I dunno that latina bitch from the Bronx has equal but opposite political retard strength... Her own party is trying to figure out how to gerrymander away her district.

VTGN hope for tomorrow?

>>14360736
Double edge safety razor my friend. Not my picture but I have a similar get up. I'm fond of sandalwood and can't get enough of this shit. Gonna find some sandalwood bath soap and shampoo

>>14360786
The problem is the demorats are only interesting in electing the candidate progressives don't actually want. Biden literally promised not to go full leftist on the billionaires. If they had the guts to go with Bernie, he would actually win.

>have been a bear for the last two months
>didn't buy bitcorn as a hedge

>>14360766
You can miss out on gains if your shares get called away, and your underlying can still go down.

>>14360821
I don't think Bernie would be able to survive a debate with Trump. I mean he's pretty ruthless and Bernie might just keel over and die right there on stage.

>>14360790
VTGN's future mostly depends on the results of their ELEVATE trial
If not, things are going to get rough (dilution, reverse splits), but they'll still have multiple other candidates in their pipeline

>>14360974
>>14360790
If the results are good, you'll double or triple your money in VTGN or more

nuuuuu futures
nuuuuuuuuuuu

>>14360542
I wish. I would scoop up MSFT and ROKU in a heartbeat.

>>14360790
>>14360974
good luck sad fren

I gotta go get it
I gotta go get it
I gotta go get it

Baggy you gonna get got

so the basic thing about divvies is just reinvesting them into more of the same stock that gave you the divvies? is that called ''compounding''?

aaahhhhh....
the good old stock market
: )

>>14361229
Look up DRIP. Dividend reinvestment plan. Real brokers will do this automatically when divvies are paid and you'll get fractions of shares if the divvie doesn't cover the cost of a full share.

>>14361272
ooops my spell correct changed it. meant to post


AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAA

THE STOCK MARKET

AAAAAAAAAAAAAAAAA

whew ok we back
oil hit 59 too

>>14361346
what do you mean by 'real'' brokers?

The ticker of the day is Webistics. Anybody got a problem with that?

>>14361520
Not memehood.

>>14361520
basically not Robinhood.

>>14361591
okay, so DRIPs are plans that only certain companies offer you because it also benefits them.

my question is, lots of them have a minimum reinvestment, so if a dividend is only 1$ and the minimum is 10$, do i have to wait for another 9$ worth of dividends to reinvest it?

>>14361591
>>14361592
also, why the hate on robinhood? no commission and no minimum seems pretty nice

>>14361665
because they sell your order flow (like every other broker does anyways)

>>14361665
You have less features on Robinhood that old jew brokers have. I think it's good for learning though.

>>14361692
so what's the problem?

>>14361692
You’re bursting their bubble.
IB and Schwab Street Edge don’t sell flow though.

>>14361665
Futures looking likelyhood of complete trend reveal that the golden bull is back and we are going to make Iran Persia again.

>>14361738
How about TD? How would you rate them? Do they sell flow?

>>14361719
features like what?
>>14361692
also, forgot to ask. what's order flow?

>>14361721
that's the point

>>14361721
Only real issues are limit order isn’t default and you have no trailing stops. TradingView can handle charting just fine.

>>14361755
>>14361592
>>14361591
TD Ameritrade sure does sell order flow

https://www.wsj.com/articles/judge-oks-class-action-lawsuit-against-td-ameritrade-1537559644

>>14361755
Last I heard they did. People like their ThinkorSwim platform for technicals, but why bother when TradingView literally has all you need?

>>14361766
>what's order flow?
Your orders are send to HFT firms like Citadel and Knight, and they scalp fractions of cents off.

>>14361770
just one question. limit order is a threshold you put, because you want to buy something but it's too expensive so you put the limit to 50, cheaper than now.

so, does the broker automatically buy it for you when it goes sub 50, or does it just notify you?

>>14361857
so my orders are what i tell the broker do to right? like buy this, sell that, etc.

so they send them to these places and they get money for that? why?

>>14361869
Buys. Or sells.

So how about an Uncle Bernie and Elizabeth Warren ticket. We give out the reparations. Tax everything, decriminalizing border jumping, free healthcare and college, and of course combat the change in ckimate. I mean this cant be good for the market... probably should increase crypto holdings and hide them some where they'll never be taxed.

>>14361891
They’ll have the data ahead of the market and will front your trade for profit.

>>14361910
unironically would be amazing for the markets, both traditional and crypto

I put 150 shares into IFRX. But my friend tells me the company is going to go no where. What the fuck do I do?

who else making mad bear gains with crypto and gold?

>>14361970
Bought BTC at 7663.

>>14361902
okay. thanks for clarifying
>>14361935
oh, so they buy X share because they knew i'd buy one BEFORE the share actually goes to my hands? and that's how they make money? that seems weird, man. price's gotta go up like 0.001 after they buy it before me. is that actually viable?

>>14362010
.001•volume
Yes.

>>14362029
wow. i guess that with so much orders from all the traders and bigger orders the prices go up enough to make something.

>>14361951
Punch your friend in the face for bad advice and punch yourself in the face for not doing your own research.

>>14362029
anyway, what's the problem with brokers selling order flow? does that make you lose any money at all or is it just a moral thing?

>>14362083
HE'S A FINANCIAL ADVISER AND THIS IS MY FIRST TIME DOING STOCKS. SOMEONE IN THE GENERAL TOLD ME TO BUY IFRX AND THEN HOLD PLEASE WHAT DO I DO I BOUGHT 150 SHARES.

>>14362204
SELL IT AND BUY AMERICAN STOCKS

Is it possible someone told me to buy because... They wanted to sell their shares? No one would do that, right?

>>14362204
If this isn't a larp, you wait until you get into profit and sell that shit. Also that anon was me. DYOR and remember that most bioshit stocks are lotto tickets.

>>14362276
the benefit he'd make is minuscule

>>14362276
posting about a stock in /smg/ won't generate enough interest to actually affect the price of a stock in any way
it takes millions (or tens/hundreds of millions depending on the size of the company) of dollars to accomplish that unless it's some OTC scam stock worth hundredths of a penny

>>14362204
hahahahahaha oh nononononono

>>14362204
What price did you buy at?

>>14362204
>listened to /biz/
There's your first mistake. You should just get a few million in qyld and then let your 2nd wife take half.

>>14362114
You’re fine using a limit order. Just something the media and these fags like to whinge about.

>>14361970
Me, this shit reminds me of 2017 all over again. Every single time there's tens of millions being sold at major resistance, there's tens of millions+1 that keeps on pushing it up.
Freaking crazy.

>>14362350
>2nd wife
back to plebbit normie

>>14362282
But anon, what if it never goes up? Am I utterly screwed? It's $500. They lose 90% profit literally overnight, is it ever going to go up?
>>14362338
$3.11

Help me /biz/ please. I don't want to lose $500.

>>14356002
That's not the problem you fucking retard

>>14362354
okay. thanks for responding and explaining everything to an anon trying to learn. have a good day :)

>>14362431
>$3.11
Hold it. You got in at a pretty good price I think. Wait for it to climb high enough to cover your commission costs and exit. It's a biotech, some retarded billionaire will throw some money at it soon enough. It will climb in time.

>>14362431
your friend is a financial advisor (certified?) and you're asking a bunch of retarded college students and NEETs what to do
I like that ;^)

>>14362464
>commission costs

he's using robinhood, there are no commission costs

>Put 4,200$ on Hudbay Minerals at 5.27
>8,000$ to my name

Wish me luck

>>14362464
But anon, it dropped so low in such a short period of time because the company failed to enter Phase II. They were trying to develop a treatment for a skin disorder and compared to a placebo it didn't actually do anything so it tanked overnight from like $40 to $3.
Who is going to throw money at that?

>>14362431
Wtf lad can't believe you actually did it. Should have bought AMD instead.

>>14362565
I was following your advice.

>>14362542
Good luck, fren

aaaaaaaaaa

>>14362585
Lad half the posters in /smg/ and 90% of the whole board are just shills and shitposters. But for real though when you get into green sell it all and buy AMD and hold.

>>14362666
WHEN WILL IT GO GREEN AAAAAAAAAAAHHHHHH

>>14362323
true, thats why everyone should market buy into Bwl.a with no fear, you are not buying into my sell orders
Hee Yea Yoo

>>14362547
They might go under from how much they spent developing that drug, or it may take years-to-months to recover from their folly.

But definitely going to go above that 3$ if they've got enough in physical assets to recover.

>>14362684
When enough gamblers think they can get in after the huge drop and ride it for big gains.

>>14362711
Do they have the resources to do that? I was expecting it maybe to go up in a few months. Am I just being paranoid?

Guys I appreciate all your advice really I do.

Fuck fuck fuck fucking futures are shitting the bed... fuck

>>14362619
>>14362585
>>14362431
>>14362547
it's $500, anon
if you don't believe in the company, just cut your losses now and learn from the experience
if it's green tomorrow, just sell when it hits 3.11 or slightly higher
if not, cut your losses at the end of the day if you don't want to hold it
everyone loses money at first, it's ok

>>14362764
being this emotional and fixated on short term price action won't help anything
next time do research on a company yourself before you buy it and only buy a company if you have a real reason to hold it even if the price goes down short term
avoid small-cap stocks until you have more experience

>>14362835
Well anon my goal wasn't to think in the short term I was thinking that maybe in a few months they will develop something and their stock will go up.

>>14362835
You're a fucking idiot

>>14362835
Also, who the hell is gonna buy it?
>>14362907
Why is he an idiot?

>>14362916
>DRYS

>>14362916
Lurk the threads for one day and you'll see why.

>>14362764
I'm not sure about the company in and of itself, but I know they spend a lot on developing these drugs. They're paying many professionals for hundreds of hours of their lives.

It's not cheap or easy, and when it drops, people can flip on the entire company.

It could go up in a couple of months, but there's no certainty it will.

If I were you, I would research the company itself. See if they can maintain. Their debt, their man-power, their CEO, their EPS, their capital, their profit, their successes and failures, etc.

I'm new to stocks as well.
I started 3 months ago.

I've only made $500-$300 so far as well, but for 2 months it was only 5k.

I'm just sharing things I've thought of.
Apparently the stock market acts as a weighing machine, so the true value of a company will shine through the market's valuation of said company.

GALT is trash.

>>14362907
you're a meanie

>>14362916
>Also, who the hell is gonna buy it?

I absolutely guarantee you liquidity won't be an issue for your 150 shares

>>14362916
>>14362928
look at DRYS' all time chart and then try to figure out why it is you see what you see
it'll be a fun riddle for your newfag self

>>14362928
What?
>>14362943
What will I see?

>>14362964
>>14362981
I think the best option would be to hold.

>>14363012
that's your choice, and you're free to do that if you want to

>>14363012
Holding is most likely to pay you.

I doubt one failed drug will destroy this company, but you may be holding onto something that is only going to take you for a very long and boring ride.

So do your research as you hold.

>>14363017
I just want to be certain. I don't have any sort of experience which is why I'm here asking you guys. I'm a complete newfag to /biz/ and just wanted to start investing.

>>14363048
>>14363012
If you're fearful of losing the money, don't be.
I don't believe you'll lose 500$, but you may not make any more money out of it.

>>14363048
That's very possible and I thank you. Thank you /smg/.

>>14363012
imagine taking 5 100 dollar bills and throwing them in the trash
amazing how gullible people are on here, are the fucking forgetting they're on 4chan?

>>14363075
Also, watchout.
These people could collapse the entire company over one failed drug.

I'm not god.
I don't know what you've grabbed.

You could lose all of your money over this.

>>14363076
They need to start buying AMD.

>>14363076
Don't be so quick to disregard the people on this place I've been here for years. There's plenty of people on this board that are trying to become successful financially.
>>14363126
Thanks again. I'm going to have to research them more.

>>14363076
I immediately bought UUUU stock because someone on 4chan told me to.

I scoped it out myself. It looked promising, so I put 1,500$ on it and made 150$ in returns in like a week.

It's not bad.

>>14363155
>UUUU

sell and buy UUU (the true chad cryptocurrency)

>>14362973
Screencapped

>>14363383
>>14362973
All the other people who think GALT is trash (You) me so I can add you to my collage

GALT sucks nigger dicks like all tripfags. GALT down to zero™

Capitalism exploits workers.

Some great Thought Slime videos:

https://www.youtube.com/watch?v=mHWAi_xCA_s

https://www.youtube.com/watch?v=Hl_Ew0c4T9g

https://www.youtube.com/watch?v=nc51tvRl8zw&t=2s

>>14363383
>>14363423
screencapped

>>14363430
Mind shorting it for me? I hate averaging up out of principal.

the iCar is coming boys

https://appleinsider.com/articles/19/06/25/apple-snags-handful-of-driveai-employees-as-startup-shuts-down

>>14360786
Oh Baggie

keep em coming

>>14363459
I'll get some GALT puts tomorrow.

>>14361891
If you have Audible or Amazon or a library, check out the book Dark Pools

>>14360808
Nice beauty salon, fag.

>>14363678
You jelly, nigger?

>>14363678
>>14363711
Holy shit is this /smg/ or /gay/

Might pick up some MU puts https://twitter.com/htsfhickey/status/1143618171078881280

>>14363731
>posts on 4gay
>doesn't have dragon dildos up his ass while shitposting
What a faggot

i'm a brainlet babby and I want to get into the stock market. how do I get started?

>>14363839
Clean shave and a firm handshake

>>14363839
Give me your money and I'm invest it for you.

>>14363839

Read the links in OP under education sites and boomer 101. Then buy a rifle and shotgun. Boogaloo is nigh.,

>>14363851
>>14363894
ty

>>14363866
I have 0 money

>>14362431
Don't be a drama queen. The share price went down less than 2% since you bought at $3.11. That's nothing in stocks. If you don't feel confident about the company's future prospects (or don't understand and just bought because someone shilled it in one of these threads), sell tomorrow. You lost $7.50, but that $7.50 was payment for an inportant lesson early on in your investing career. Investing in biotech companies is a highly speculative enterprise because, even if there is promising science behind whatever drug they're developing, you never can know with certainty whether the drug will live up to expectations in clinical studies. It's far safer to invest in companies with profitable businesses with proven products, such as generic pharmaceuticals. In fact, Lannett Company (LCI) is quite favored around these parts, and is currently trading at bargain prices. You might want to check it out.

>>14354971
This Anon gets it

Volumes were low today. Not meaningful selling. Just derisking going into G20. Also, tech stocks getting whacked by Trump.

heheh....
me have saved up many times of sleep pills
time take them all on once and have best sleep of life >:D

me gonna get stufy markets real early

>>14364025
Filtered

Anybody in DOVA? Might rise after FDA approval Friday-Sunday.

>>14363839
It's really easy to get into stocks these days. First step is to create a Robinhood account (make sure to use my re-ferral link). Then link a bank account so you can transfer funds. After you make your deposit, look up the ticker symbol ODP and buy as many shares as your money will buy. Then just sit back and profit.

OK me expect FULLY
for wake UP tommar and seee me $50000 in SPXL become $51000

me gonna eat soooo muchg suchi tombarow
yayayayay

RIP, Yen

>>14364223
pls yen give dollar your dstright for love of heckies

>>14364257
Kill yourself, my man.

>>14364164
Nobody goes to the store to buy office supplies anymore unless they need something immediately, like some scotch tape or a pack of dry erase markers. These days, you get the office manager or coordinator to place large bulk order online. Why do you think Office Depot and Office Max merged some years ago?

>>14364383
>1 post by this ID

Yeah, I guess you're right. That's why Office Depot reported 0 sales for last quarter. Besides, in the future, there will be only a single retailer, Amazon.

>>14364164
>robinhood
is it seriously good for someone trying to get into the market, or just overrated trash?

Come on, Green Bull of 30k! Visit the DOW and take us all the way to 2020!

>>14364510
It's adequate. Use tradingview for charting.

>>14364167

S&P looks like it wants to form a head n' shoulders

>>14364563
And thank me later

https://imgur.com/ofAiObj

>>14364510
No, it's not overrated. It's a legitimate broker with certain advantages and disadvantages. The main advantage is the lack of commissions on transactions. That means you can do more frequent trades and buy in smaller amounts. To give an example, suppose I want to buy a single share of ODP. If it's currently trading at $2.00, I can buy it on Robinhood for just $2. If I want to buy that same share on Charles Schwab, I pay a $4.95 commission everytime I purchase stock, regardless of the quantity and dollar amount. For that same $2 share of ODP, I end up paying $6.95 including commission. If I ever want to sell it, I'll end up paying another $4.95, so the ODP share price would need to increase to $11.90 just for me to break even. I would need to purchase a much larger quantity of shares per transaction for it to make sense on Charles Schwab.

> real RKG pretending to be fake RKG #2

Super meta, but not in a good way
Bearish feeling

Does anyone have any experience with BlackRock's Enhanced Global Dividend Trust BOE? It's a monthly dividend with a 7.19 yield or over 75 cents a share per year, but it looks too good to be true. Am I missing something?

>>14364452
>>>>1 post by this ID
Why does this exist? It's dumb. You don't think I've been posting from my phone while at work? Also, ODP is trash unless you're trying to catch a dead cat bounce.

>>14364774
I was just joking. Chill out, bro. ODP is still a profitable company. It's not going bankrupt anytime soon, and it's price has declined lately more than is merited. It is currently at $1.84, which is a bargain price IMO. The stock pays $0.10 in dividends per year (more than 5% yield), so even a single-digit appreciation in share price over the year would give an adequate return. You can also make decent money by writing calls. If you want an outside opinion, the CFRA analyst covering the stock gave it a 12-month target price of $2 and fair-value price of $2.40.

>>14364602
>>14364711
t-thanks anons. I thought this gen would have a lot more shitposting if I came in wide eyed and bushy tailed but I got genuine advice. I’ve wanted to dip my toes into investing for a while now.

>>14365048

Surely. Good luck. You will need one (1) green wojack, one (1) pink wojack, and one (1) snibby. Also several gigs of animu.

>>14364723
>he doesnt know we are on RKG number 9 or 10 already

(pic unrelated)

GODDAMN IT
IVE MADE SO MANY MISTAKES
AAAAAAHHHHHH!!!!!
(Pic related)

>>14365574
Doesn’t mean we don’t have standards. Some RKG’s aren’t fit to carry the mantle.

>>14361738
Street edge doesn’t but regular Schwab does? Isn’t street edge just a browser client for using Schwab?

I want to make use of it but it seems complex and I’m not sure of the payoff.

>>14360892
>US electing an old white skinned straight wealthy jewish man for president
Literally who would vote for him?>>14360808
Similar but i don’t even bother with it anymore. Used this the last 2 shaves, combined with a beard trimmer to keep my basedboi look on point

>>14361051
Unironically bought 100 shares of SQQQ in reaction to this post. Every time I’ve traded off of smg it’s been a mistake, but I really fuggin want to be a bearchad.
Thanks for nothing, jerk.

>>14365574
My linguistics and image correlation algorithms indicate that there are only 3 serious fake RKG posters (so far) with an incredibly high confidence value
Fake RKG #3 no longer posts here, which is a shame because her posts were actually fantastic. Fake #1 and #2 are more robotic and boring.

>>14364760
LOL, maybe.

>>14366261
Writing covered calls and puts isn't very risky at all.

>>14364760
Look also at the BOE price chart. Just buy tobacco stocks if you want a similar dividend yield.

Red day tomorrow without some kind of news.

Reminder that the last time Mueller got this much attention, Trump declared trade war on Mexico.

>>14366591

Noted.

>>14366281
You're right that if you look at Black Rock's page for BOE, it does say covered options. Options writing has its own risks. You are placing a limit on your potential gains. If the stock price goes down further than expected, you may end up spending more money to extract yourself from your position than you would have otherwise. According to BR's site the annual returns (including dividends) averaged maybe 2.5% (using a mental math estimate) in terms of NAV and 2% in terms of the share price, so it doesn't appear that the "enhanced" options strategy has really paid off. It may end up giving better returns going forward, but I think that the poster earlier was at the very least "missing something."
https://www.blackrock.com/us/individual/products/240197/blackrock-global-opportunities-equity-trust-fund

Someone make a new thread. I’m phoneposting.

Holy shit though this crypto rally is killing me. Every time I decide against buying it goes parabolic.

>tfw 1/400 of a BTC

New Thread
>>14367141
>>14367141
>>14367141