/biz/ - Business & Finance

high finance is jewish

it's gonna crash back to 2015 levels

bump from last thread

> I've been lurking for a while and I'm thinking of scalping the stock market. Can you redpill me before it goes tits up or are there any reputable direct-access brokers to look out for?

>>16704885
OY VEY. DELET THIS POST.

Happy Chanukah though. May you experience many miracles in 2020.

Reminder that a stable dividend paying etf with modest growth is the most semitic thing you can do. Green forever and always.

>>16704885
I hope we all become Jews some day.

>>16704875
I'm dumping $3000 into $VBIV tomorrow.

How fucked am I?

>>16704903
Scalping isn't really profitable unless you have a tight algo. Market making and moving algos have ruined the fun for retail traders. Don't take my word for it though. Do your own research.

>>16704890
Thanks for the tip that looks much more sane. I will watch them might even buy at the start of the year :)

>>16704922
We're all gonna make it.

>>16704932
I like your attitude anon

>>16704850
You think Buffett ever sold to buy a “house”?
Nah, that’s when you MAYBE turn off DRiP and let your divvies pay your mortgage while you rent out rooms for extra returns.

>>16704865
Nah, I need to do something nice for myself, and there’s so few things I enjoy. Might as well treat myself, and if she’s as based as she seems she’ll be worth treating to a meal.

I don’t even think she’s drinking age, and she’s pretty thin. Probably a cheap date. And seems pretty based and not a consoomer.

>>16704882
nah, I gotta be a big boi about this. Can’t start it off with a “fuck gender roles” shit

>>16704910
Was gonna set up a custodial for my son, he has $100 and he's 9, best divvy ETF?

>>16704934
That's the plan I am in no rush to buy although the housing market looks very nice and I did just get a promotion at my day job. I think I could swing investing at my current rate and a mortgage now.

My plan was to be a real estate mogul with 3 properties by the age of 35. Not sure how realistic that is tho.

>>16704961
My dividends will take a few more years to pay a mortgage >.<

>>16704965
I like spy. Pays a decent Divi and had decent growth. Do your own research though.

**LATE NIGHT GOLD CALL**
Name your plays
Whose watching the true golden bull of 2020?
I told my girlfriend yesterday about the break to 1520 and bought calls on iau/gdx/gold for a month out,gonna be fun trying to see how long I can hold!
Stonks will pump but gold and especially silver absolutely HAVE to follow suit and fill the gap.
Look at small miners like goro,wpm,maybe an etf like ring for good plays on long holds.
Goro pays mothly dividends with a physical gold payout option as well and makes up 5% of my portfolio.

Don't sleep on newmont and gold either,look at those charts ready to explode.....just sitting here waiting for it to come...

>>16704977
Something something impatient to the permabulls

>>16704987
>the Goro shill tryna blend in as a goldbug
Whatever man... I’m liking my Barrick, should probably add more. Maybe some PAAS calls. Maybe some GLDM, newer paper gold etf with lower custodial fees.

>>16704928
shiet might be so, if anything, what I've read up till now has given me the impression that I gotta research everything from scratch.

Have you had any experience with scalping yourself? I've heard about the (((banks))) front-running orders since they're close to data centers but I'm not sure how much that'll affect my strategy.
Is there a platform that'll let me trade virtual currency for a year or so with real-time market data? Idm paying a monthly cost for that shit if it's within the $10-30 range so I can develop something perhaps rooted in reality.

>>16705032
Thanks for humbling my ego. I am going to reevaluate my plans for the future. Maybe its not the best time to buy a home.

when do i buy tsla when do i buy appl

>>16705104
yes a bunch of places let you have practice accounts

>>16705162
you buy them when you see them go red. keep buying them until they turn green then you know you good to hold.

PLUG
VSLR

>>16705032
How is goro a fucking shill?
I own others as well nem and wpm mainly

>>16704910
SDYL?

>>16705321
Qyld sphd vglt and ring/some miners are my mains everything else is 2-3%

How many GALT shares are you holding? You gotta be ready for the holy buyout.

>>16705032
God that '76-'80 run though. I bet some people were set for life off that.

>>16705380
According to the forex ICE chart for gold/USD, the 1976-1980 bull run was a valley to peak gain of... 773%. Wild move for something like gold.

>>16705380
>god that 2017 crypto run
I’m sure, just like BTC, most folks bought and held and even bought the very tip top, and were bagholding for decades.

Though at least they knew it wasn’t worthless 1’s and 0’s. I wonder if that has anything to do with all the gold bugs who always tell us it’s the only REAL wealth... how long have Schiff and the others been bagholding and DCAing down?

sentiment on ONTX seems pretty positive for tomorrow. still sitting at breakeven on AMRN but i'm patient.

my broker doesn't cover ALNA but I'm looking at taking up a position in there. also continually keeping an eye on SAVA for dips and ensuing stabilization

cheers all

>>16705470
Yeah that's what I meant by "... for gold". It was very unusual for the shiny rock to move that much that fast. Of course there have been other moonshots far exceeding 770%, many in under a year and it happens to some rapid growth small cap stock every year at that. Those are a different category than the one gold plays in. As for the bagholders who bought the top, tough shit. You know the game you're playing when you open a brokerage account. Or you should anyway.

>>16704875
well, as long as we are talking PM's, I offer the following:

GOLD
HMY IAG
GDX KGC
AUY NEM
EXK
FSM

>>16705559
Hmmm not PAAS? I thought they were the good slivers

>>16705566
I didn't say they were the only options, just options to consider.

>>16705559
you should use a pencil to erase check marks

>>16705584
not mine
I just thought it was amusing.

Alright everyone I hope you liked your cheapies today.

Bull run resumes tomorrow!

>MAXR

Wtf this is my best stock ever. But is it a good thing they are selling a part of their business?

>>16705836
I sold way to early, after a big move up... then I bought back in, and sold again after another big move up.
I made my money on it, but damn, she still running

>>16704885
More like Irish Catholic. NYC is the devil's playground.

I don’t like how many people are talking and about precious metals right now, this is a little bit of an exuberant feel. I might do some calls tomorrow as a daytrade, but even that feels risky.

>>16705982
you should own physical gold and silver and keep them in a treasure chest in your house.
talking parrot also.
all else is cope

>>16705982
The run from May to September caught a lot of people's attention. The possibility that part 2 might be starting is exciting. Gold has a ways to go before it reaches that end of August high, let alone the ATH. I wouldn't be concerned about an unsustainable bubble up just yet.

OCGN GOING TO $5

GET IN NOW OR REGRET

Asking here.

Does anyone know of any web-based public registry of japanese companies?
It's normal in my country to report a balance sheet every year. It also shows you what company owns what company, and so on. This is all available online.
Is there an equivalent site for Japan?

>>16706133
you'd be lucky if you even get to $1

I'm a bit worried about this being a huge bull market peak and gold rising up at the same time and with this speed. iirc, Gold had a huge spike around july-august and stonks took a moderate plunge during that time, then it yoyoed a bit for a while while stonks quickly recovered and started going back up again at full speed. We had a couple of short gold spikes that were mostly accompanied with stonks crabbing or taking a very small dip. This time though, gold is quickly going for an ATH while stonks are STILL going up (most of them at least, I had a couple of reds yesterday for the first time in months). All of this during christmas and NYE, no less. We all know how (((they))) love symbolic dates to fuck things up and this might just be a sell signal. I'm not selling, anyway, but I just put some very conservative SL to take profit in case shit goes down on the opening today or on 2nd jan.

>>16706256
I don't get it. are you looking like something like finviz.com but for japanese stocks?

>>16706273
Not stocks per se, just company listings.

>>16706263
>stonks are STILL going up
Give that a minute. I have sell signals on the daily SPY and SPX500USD. However, gold's correlation with the index is more complicated than simple inverse. Throughout the last several decades it has ranged between positive, negative and no correlations. Stocks and gold rising in tandem over a period of months is not unprecedented.

buy NIO :)

Guys, how do I cope with a horrible trade? I sold in pannick with some profit but it was meant to be a longterm hold and stock is again rising in PM.

>>16706456
>selling in panic

faggot.

Jokes aside, if you took profit it wasn't a horrible trade, it just didn't meet the original objective. Learn from this, wait for a good entry point and go back in.

I have 50k in SPY, 15k in BABA, 10K in amzn, and 5k in FB and am planning to keep holding. Am I fucked?

BURL just broke above a Bollinger Squeeze, however stuff like the MACD, RSI, volume, and Chaiken Money Flow are all turning down. The accumulation distribution line is trending up, though.

I feel like it might break out here, but I am worred about a head fake.

>>16704910
Well, it's the end of the year so I might as well reflect on my past 12.

I finally took the time to set up a broker account September 2018. Went with the ol' ETF split of 70% MSCI World, 30% MSCI Emerging Markets. End of year I was down -14% and -6% respectively. Now year on year is +21.5% and +14%. Overall ROI after fees and taxes were I to liquidate today is +9.7% and +8%. Not bad for zero work, even for an exceptionally good year. I didn't expect returns this big on such a short timeframe.

Some interesting lessions for me. When I entered the market people were telling me the crash was imminent. And it did indeed dip, but getting in was easily the right choice. I would have waited for a bottom forever, always hoping/waiting/fearing. I'm seeing how cost-averaging with regular investments is a really decent strategy for long-term gains and how timing the market is a really tough one. If we get the big one with over -30% I would obviously shift a lot more into index ETFs, but for now I should start regularly buying as well. Maybe 5k every half year? We'll see.

What are your gains for the past 12 months, /biz/?

>>16705411
>Wild move for something like gold.
Historical unicorn. There is no second Bretton Woods to be cancelled.

But yeah, it was wild indeed. I have inherited some coins bought during Bretton Woods. My dad used to get angry he didn't buy more. Back then my family was much poorer, but if he had bought gold with all his left-over money he would have been set. Short term obviously, but even until today that shit still beats out real estate (though probably not for long, the way prices are going up).

>>16707054
>What are your gains for the past 12 months, /biz/?
Very similar to yours as I utilize the same boring strategy of getting rich slowly. I tried my hand at trading like everyone else, and realized the time spent for what equated to mostly a wash could have been spent doing more productive things.

We're going to make it, eventually.

You fuckers mocked me last week when I suggested to keep an eye on FCEL for some big moves and you all told me I was late and that it already pumped and dumped. Well la-di-da bitches take a peek at past few days. Me and my green bags are laughing at you now

>>16705559
Wait wtf did people actually save this picture I posted like a week back? I got to mark off the 1000 dollars today :')

Correction when?

Correction. Fucking. When??

Last day of the rest of my life
I wish, I would've known 'cause I didn't kiss my mama, goodbye!
I didn't tell her that I loved her, how much I cared
Or thank my pops for all the talks and all the wisdom he shared

>>16705584
Yeah I've switched to a pencil since then haha

>>16707141
I feel like I get corrected by the stock market basically every day

>>16707141
just had one 12 months ago

Good morning /smg/ chads, working remote today, feeling comfy.

Looks like we're going to see yesterday continued just by looking at pre-market. SAVA down below 6 to 5.62, looks like my time has come to finally buy. Is ONTX a good value at .49? I've seen some spergs on here say it's going to hit $4

>>16707213
Be careful with SAVA and ONTX fomo

Hello sirs,
Are government Bonds/Gilts worth it as a safe investment? Been thinking of putting some savings into them.

>>16707213
Stay comfy today, bro

Tonight we celebrate the arrival of White Metal Rat 2020!

>>16707229
Your ID even looks like FUD lmaoooo. You're right! I'm only going to throw like $100 in and treat it as a long term lottery ticket.

>>16707233
They're safe, but not for you. You're subject to financial risks in life, whether it be while you're young (investing in risky assets) or while you're old (running out of money). It'd be wise to take the risks while you're young and can obtain additional income.

If you're young (and based on your retarded, lazy question -- you are), you should be putting your money in more risky assets like stocks.

>>16707233
I'm 22 and my split is 90% stocks/ETF's/Mutuals, 10% bonds.

>>16707141
S&P 500 Cumulative/Annualized Total Returns by Decade...
1930-39: -9%/-1%
1940-49: +126%/+9%
1950-59: +492%/+19%
1960-69: +111%/+8%
1970-79: +78%/+6%
1980-89: +396%/+17%
1990-99: +433%/+18%
2000-09: -9%/-1%
2010-19: +256%/+14%

>People still haven't realized we have just started the golden bullrun

>>16707304
I believe! Channel your energy into the market for the last day!

OOOOOOOOOOOOOOOOOOOOOOOOOO

>>16707304
Past performance is no guarantee of future results

Remind me again why GALT is bullish?

>>16707335
Dude, I don't know if you know this, but they are getting BOUGHT OUT. Buying stock now at any price is a steal because there will be buyers who will pay a premium on top of whatever you pay now. Secondly, don't you know that GALT has a drug, GR-MD-02 (or belapectin for those on more intimate terms) that has been shown to inhibit Galectin-3, a marker of many significant diseases? Never mind that it hasn't been shown to actually cure any diseases. Correlation implies causation, so this one's in the bag once they get the dosages right in phase 3.

I wanna write puts. What should i write puts on, preferably under 20$.

ONTX dying pre-market.

Uh-oh, he's desperate... but the markets don't care anymore, no response, still red and dipping further even

>>16707335
Remind me again why SNSS is bullish?

>>16707377
Should everyone just keep buying GALT and don't stop until then?

>>16707417
Everyone taking their tax losses. Good buying opportunity.

FCEL? More like INCEL lmao

>Breaking - @realDonaldTrump says Phase 1 trade deal with China to be signed on January 15 at the White House. Trump will go to Beijing for Phase 2
Well we have the date, so keep on gradually going down so people can get into new positions for 2020 at "decent" lows or pump from here? That's the question

It's payday, and i've got $3.5K of post expense money. Any interesting plays?

Been a good year so far. Made almost $4000 from AMRN, Got 12100 shares of ONTX; even a small bump to $2 or 2.5 and I'm out with a very nice gain. Got 12,000 stuffed in the bank in case 2020 turns into a shit year. So hey could be worse you know.

>>16707403
whole market is

>>16707377
I like the double irony here. This turned out to be a nice summary!
I can only add, that causation has been shown in many cases, so no worries there

>>16707481
Should I spend the last of my money on more GALT or a Nintendo switch?

should i buy any apple stock, frens? any recommended buys today?

>>16707377
Thanks, just needed to be reassured
>>16707423
BTK inhibitors are a billion dollar industry, their molecule has already shown clinical activity and the next cohort data will be at 400mg which is the effective dose for Ibrutinib, their main competition. Upon even a single partial remission they will become a $3 stock easy, maybe higher, and their 300mg data showed heavy effect on all of the relevant biomarkers, consistently, unlike the lower dosages.

Buy the dip, faggot.

PHaSe OnE TrADe dEAL GEttInG SIGned Jan 15

>>16707335
I just want you to know that the last four stocks I took seriously but eventually bailed on have started to boom in the past week. All four of them are up double digits. I bought a bunch of SNSS in that 20 cent dip a few weeks ago, but then sold it off for quick profit. When it hit the 40 cent range and stopped I figured it was a trash stock and dumped it. After what happened this week Ive put what little I have left back into SNSS. In the next two or three months SNSS should boom and you should be able to break even. You are welcome.

>>16707503
I can't believe I thought apple was going to die once steve jobs kicked the bucket. Should have held onto that shit.

>>16707502
Do you want to be a chad or a sobiboi?

>>16707506
When, fren?

>>16707534
But you have to be bailed on it to work.

>>16707481
What percentage do you feel from making it tier, to pink tier?

>>16707530
go back

Who /ROYT/ here?

Heh, the 52w high of ONTX is 4.5. I only need half that... Very doable. A bit of good news is all it takes sometimes.

Why the fuck are my etf's of green indexes red.

waiting for INPX breakout like cmon dude

>suddenly green
Lets go into this joyous new year with the sun at our backs, the bull roaming wild and free, and Jesus taking us by the hand.

>>16707622
No news it’s going to bounce around in this range till something is coming

>>16707575
we shall see

the S & P is up so hell I might finish this year off quite nice indeed. Gains are gains after all.

What do you guys think about this?

>8 Wall Street analysts have issued ratings and price targets for Wave Life Sciences in the last 12 months. Their average twelve-month price target is $27.17, suggesting that the stock has a possible upside of 243.45%.

Too risky for an option play? potential to just load up on shares?

>>16707634
REEEEEEEEEE need more gainz only up +44%

>>16707669
>Wave Life Sciences
(((wall street analysts)))

If they know so well why they still working LOL

>>16707669
who gives a shit about analyst opinion. btw those targets were set when there was some potential for their drugs to work. the stock is way down because they're not working.

>>16707622
CEO interview with yahoo finance at 12:30. Buckle up lads

GALT looking like it wants to fly.

How is Ally Bank as a broker?

>>16707718
Source? Everything I'm reading shows he was already interviewed.

>>16707629
Aaaand we're back in the green folks. The golden run soldiers on!

>>16707669
Dont listen to what analysts say. Research the company yourself, see what they are about and see if their is any reason why stock prices would go up. Five seconds on google has told me that their latest drug is not very good and their stock is the lowest its ever been. Its not hitting $27 anytime soon.

>>16707731

Come on GALT, make some autists happy going into the new year!

>>16707695
>who gives a shit about analyst opinion
>posts opinion
I value their opinion over yours. I don't give two god damn fucks if their drug works. This is an overreaction play. I'm not a scientist, I trade stocks.

Uh ONTX is flying higher. Green Bags are filling as we speak.

>>16707774
>I value their opinion over yours.
stay poor then

>I don't give two god damn fucks if their drug works
investors do

>This is an overreaction play
says you

>I trade stocks.
not well, apparently

I have 331 shares of SAVA and the patience of a saint. WIll I make it?

There is literally no point in selling a stock as far as I can tell. You do some research, you invest your money and then ... why sell? If you made good picks in the first place they'll be some up, some down and over time a gradual increase to new high upon new high. I've got to put that money somewhere and if once I've sold if can't find a better pick then ... why sell something in the first place which is performing well? Why buy something which is unlikely to perform well in the first place?

Like all the biopharma trash I'm holding that is up 60-160%. It is certain to go down in the short term, but in the long term is likely to do very well? Like my SAVA which has had highs of 6.12? I bought that shit at 1.60, but I intend to hold anyway so who cares if I sold at 6.12 and re-bought at 5.30? It'll retest 6 and beyond over the next 6 months so I'd literally just be down the commission on the trade.

I invest 8-12k a year anyway so literally the strat is just put 80% of it in an ETF and then make a few picks for $500 worth at a time of something a bit more risky.

The only time to sell something is if you have soured on a company and believe that the exposure is now too great a risk. But taking partial profit if you hold stock overnight?

I got into this thinking that I'd buy low and sell high and there'd always be a fresh company to put my bags into, but in reality it is like ... find something good, buy it, hold onto it.

>>16707304
Based. Thank you for posting.

>investors do
says you
>says you
denies you
>not well, apparently
says you

See how retarded you look?

>>16707774
>I don't give two god damn fucks if their drug works.

>>16707792
>investors do
says you
>says you
denies you
>not well, apparently
says you

See how retarded you look?

>>16707842
Let me break it down for you, I'm not a long term investor. I day and swing trade. /biz/ likes to trade based on news, rumor, and potential. I trade based on numbers and patterns. Sure it helps if their drug works, but it's really not my concern at all. My plan always stays the same regardless.

>>16707575
Probably January or February.

>muh repo crisis

embarrassing FUD

>>16707856
If your plan stays the same why are you reading into other people's opinions and baiting reactions on /biz/ nothing will change what you do allegedly so you are wasting everyone's and your own time.

>>16707856
when you swing trade pharma, the only thing that matters is if the drug works.

>>16707774
>don’t give two god damn fucks if their drug works

I can't sell my FCEL on Robinhood or ill be marked as a pattern day trader...

I look at it like this. If the drug works hey all the better but if the stock hits the price I want/need before they roll it out then I'm selling. Lots of shit can happen. The FDA can fuck them over for one. Sending the stock down to the shit heap the next day once trading resumes. So if you can walk away with a nice pile before any shit happens do so.

>>16707856
>See how retarded you look?
Yeah, it's definitely me looking retarded, and not the guy who

1) is asking if something is a good buy because he doesn't realize that the analyst opinions are extremely dated

2) actually values analyst opinions

3) posts his account number in the screengrab >>16707669 and is so new he didn't even fund his account yet

but yeah, mr i trade stocks. i'm the one retarded one

>>16707856
Sure it helps if their drug works, but it's really not my concern at all. My plan always stays the same regardless.

>>16707885
if you see FCELanon here it means it already pumped and stay away

>>16707885
I'm a total beginner at stocks, where do i move to so i can continue doing penny trades ?

>>16707461

Reminder: When Big Pharma comes knocking the Green Bags start Flying.. Marketcaps mean shit if Big Pharma wants the company bad enough. What the CEO personally wants doesn't mean shit either. Long as the Board has the majority votes and shareholders give it the thumbs up then Big Pharma wins. Really though you'd have to be dumb as hell to turn down a Fat Green Bag (or two) stuffed full of Cash.


With all the good news it's important not to let the lure of the Fat Green Bag to get outta hand. Sure you'll get a Fat Bag but over doing it is just setting yourself up for despair and gloom if it doesn't come to pass. I look at it like this: If I get 45 - 50 per then hey its all good for me. If I get over 50 per then that's just extra gravy. I'm not talking about just the buyout price either but also the stock price itself. Low balling your expectations will save yourself a lot of mental pain later. Then if you exceed those expectations you can celebrate like mad.


Haha, Nothing can stop AMRN now! Profit shall rain down like mad for ten years starting Monday!. Nothing can keep the stock price down anymore either. By this time next year the current stock price will seem "cheap", that is unless the Holy Buyout happens, which for all we know may happen before Christmas. P.S My T-babies just Hiked that Fat Divvy some more. So double the good news for me, haha.

Oh damn, Tesla dumped to my buy area at 403-407 and I didn't even notice it. I think I told someone else to long there aswell so GG if you took it with me

>>16707461

Some thought me mad as hell, others thought me "retarded" but who's the last one laughing now. The dude who's sitting on a gold mine thanks to AMRN or the dude who dismissed my claims as madness? Haha, fuck the haters and all that shit here's to me finally getting a nice Fat Wad of Green in the bank as well as kick starting my long range plan of a comfy retirement when I'm age 50 and age 65. I took a big ass gamble but oh hey look at that it's paid off for me in the end. Let that be a lesson to all; I always win in the end.


It would not be a surprise if Big Pharma knocks very loud on AMRN's door over the weekend/all next week. With a very nice deal in place before Christmas. They know the time to buy AMRN is before they can get the ball rolling. Cause the longer AMRN goes it alone the higher that stock price will climb and thus the more Green Bags Big Pharma would have to fork out.


Yes it may dip but tank? Hell no. The party as they say is just getting started. There's still more good news in the wings. Canada approval for one, a Buyout for another. Even if a buyout don't take place for a while, so what? The stock price will climb all throughout the year due to demand and drug profit out the ass. There's a shit load of people in the U.S alone who can now take this drug. Add Canada and the rest of the world to that and well, to say this current price is "cheap" is putting it very mildly.

>>16707461

For me AMRN is not just another stock. Some people just go "hey if I make money great, if I don't oh well" Which is fine and to be honest that's the right way to go about it. But for me, losing money on the deal was never an option cause I need all the money I can get. Long story short; I'm 36, didn't save as much as I should've during my 20's/early 30s. So now my retirement plan is kinda lacking. AMRN is a way to correct that mistake and give my retirement plan a big kick in the ass. Sure I've got a pension and a 401 and now a brokerage,etc. Both the pension and 401 are doing rather well, but still. It don't mater how good the investments are doing if your still behind as it were. All the retirement people tell you this; "by age 40 your on track for a nice retirement if you have double your salary in the bank (or invested)" Thanks to AMRN I'll hit that mark about 4 years sooner.


Nope, I'm still here. Really nothing is wrong with AMRN, just profit taking and fat cats wanting cheap shares before AMRN flies higher and/or the Buyout happens. Honestly ask yourself this; What has changed that is bad for AMRN recently? Answer; Not a damn thing, in fact good things have happened. Nobody said 30 per share or higher would happen overnight you know.. It takes time. They've overcame all the road blocks set in front of them so far ain't they? Look at the year's earning reports/sales. All though out this year both Profit and Sales have only done one thing; climb higher. There is nothing to indicate this will not keep on climbing in 2020 as well. Also, the fat cats ain't selling any, more like they're buying more, cause they know there's more Profit ahead.
AMRN will be ok and soon this latest stock movement will be all like a bad dream. The company has constantly hit the projections laid out by management. Profit/Sales is climbing higher. It's FDA backed. I mean hell what more >>16707461

>>16707871
>>16707873
>>16707874
It really is no wonder why everyone on here is always in shambles over their losses. Just go to a casino.

>>16707461

Wouldn't be a shocker if AMRN got bought before January is over with for 45 - 50 a share. Profit don't lie. Big Pharma won't let AMRN keep anywhere close to 8 billion. People get you know "bumped off" for only a puny 5k now so yeah.. What would you do for 8 billion? What would Big Pharma do? Open the checkbook that's what.


I do our taxes each year. This is how it works. Each year during Tax season the brokerage will send you (or you can download it) a summary of all your trades. This summary is also sent to the IRS. Each important bit that needs to go on the tax forms is marked. You just fill in the "blanks" on the tax forms as needed. Same way you input your W-2 information or any interest income earned on savings. A key thing to remember is to don't rush into doing your taxes right away. Sometimes the brokerage likes to do late minute updates to your summary. So if you do your taxes and they do this update then you have to file an updated return.

Once AMRN delivers the Green Bags to me capital won't be an issue. More T-babies and more into my Funds. Then if ONTX coughs up a dollar or more hey all the better. Every little bit helps you know.

>>16707911
TSLA is a roller coaster. I'm not touching it until 300 because i'm certain it'll get there

>>16707895
OH NO MY ACCOUNT NUMBER PLEASE DONT HURT ME

I don't use thinkorswim to trade stocks or my account would be funded kek

>>16707461

Yeah that's kinda me. My few stocks are companies I actually give two shits about for various reasons. AMRN, ONTX for the short term gains/profits. Honestly don't care more than that. Once I get my money I'm selling them both (although when I'm an old fuck I'll prob be taking some generic version of AMRN). My other stocks I plan to hold long term cause I do care about them. And you know they will make me a bit of green to so hey that's even better. Mostly my investments will be split between 3 funds once AMRN delivers the goods.


I think AMRN's days as an independent company is numbered. Why? Cause if you knew you had a goldmine at your fingertips you'd be marketing the shit outta it as soon as you could in order to rake in as much Profit as fast as you could. What have we seen post FDA approval? Apart from an interview on CNBC (which said not much of anything) not a thing. It's like the FDA good news never happened. The clock on Profit earning is ticking. 2030 will be here before you know it. It makes since to bag as much as you can while you can. So all this silence kinda means that they don't care much about marketing nor partnerships. I think the deal is getting worked up now. Once the litigation is over with then a formal thing will be announced.

>>16707906
You’re limited to 3 day trades in a 5 stock day span. But keep in mind buying and selling the same stock twice in a day is 3 day trades. It’s really about the amount of flow changes

>>16707936
i'm just glad that when this thread dies you'll get a fresh start. welcome to /smg/ and try not to get angry when people disagree with you here

>>16707936
>tries to justify posting their account number on a Mongolian basket weaving message board

Is this good

>>16707927
I think you're right. We'll have to see how many cars the Chinese factory pumps out and determine if they're going to meet their delivery targets.

Also eye Model Y and new battery factory timelines.

>>16707966
according to my calculations nigga you cray

>>16707927
Oh yeah same here, I'm ready to long at 328-338 and 360. These are just trades, not some kind of long term investments.

>FCEL
Jesus christ

Of course, if I bought any it'll dump

>>16707575
100% making it tier. No worries at all

I've accepted defeat with my weed stocks.

RIP ACB and RIV

I'll hold you until you're worth $0.

>>16708118
i've done some dumb shit but avoiding dudeweed makes me feel better about myself

According to my calculations, GALT will be bought out at $100 per share.

>>16708134
And we will all make it. We will build a base on the moon.

i feel like buying some GALT calls but have no idea what strike price or expiration. Don't wanna YOLO my $ and would like to make a profit.

>>16708124

At current prices I'd have to 4x and 3x to break even. I didn't even buy the top.

Crazy, those types of multiples are moon shots in the stock market.

>>16708118
expecting businesses managed by people who smoke weed to do well

It's hard to fight that "oh man if I had only..." feeling with stocks.

> bought back into BGS without losing my profit from my last sale
I'm going to make tacos with Ortega products to celebrate!

ALL OF YOU ARE STANDARD AND POOR

>>16708118
I SMOKE WEED AND ALL MY DRUG ADDICT FRIENDS SMOKE WEED SO EVERYONE MUST SMOKE WEEK DUDE WEED GREEN GOLD LOLOLOL

In all seriousness, there are far to many laws still in place that fuck over DUDEWEED. Maybe it will pump in ten-twenty years, not anytime soon. Just hold it. One day when you are old and gray you will wake up and your portfolio will be up 50% and you will be like wtf is going on? I have dementia!

NICE CALL VOLUME
in MRK BILI NVDA...

My take-pwofit limit sell in bili hit this morning, tempted to buy back in...

>>16708208
no u

>>16708182
What thoughts go through your head when it comes to snss? Is there a point where you plan to give up and take the loss?

How will big tobacco accomplish the turnaround? Do these faggot looking things sell?

C-CAN I BUY BACK SOME NVDA AND KO YET? SOME BILI AND MRK CALLS?!?

>>16708244
I believe they’ve done well in Japan, but the liquid vapes are illegal there

>>16704932
What mode is Frasier? The guy is built like a gorilla.

WHAT THE FUCK HAPPENED TO ONTX

More like ONT-EX

>>16708182
What I did was sound at the time
I thought I saw the stars to align
But hard as I fought
It was red that I got
All the fault shall be mine

>>16704875
Safest high dividend stocks?
I have 500K and want to maximize free monthly gains.

>>16708273
>Onconova Therapeutics, Inc. Announces $10 Million Registered Direct Offering Priced At-The-Market
>Published 6 minutes ago GlobeNewswire

>>16708234
Not really, no. I'm in it to win it. My thoughts are "The molecule is good, the drug will work, and I will make money eventually." My only gripe is the amount of time my money is being tied up in it.

>>16708293
Damn, sad face for you guys. Still, now that it's out of the way it shouldn't happen again for a while.

I had a dream that I was at WMT and had to take a shit.. i kept going everywhere in the store looking for a shitter but couldn't find one.. when I finally found one.. there was a huge line...

I think i'm gunna buy some WMT puts... the dream spoke to me

>>16708313
You say that but they had a $5m one earlier in Dec lmao

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

Playing with an AI that generates a story based on what I input. What should I say?

>>16708313
>>16708293
>>16708326
Assholes. Got in at .29 so I'm still up but, man, wtf?

>>16708290
Monthly? Im in DSL, its corp and emerging markets bonds. Also CLDT, hotel REIT.

>>16704875
https://wolfstreet.com/2019/12/30/i-who-vowed-to-never-ever-short-stocks-again-just-shorted-the-entire-market/
Should we all be buying those triple bear stocks again?

>>16708326
Yea I dont even know what to say. Doesnt really change the outlook and potential of the company but they literally said no more offerings for 6 months like 2 weeks ago. Thankfully I'm in low so even after this drop I'm up 25%

>>16708273
the bogs were displeased with all of the ONTX smug posting

Holy shit KHC! I didn't know it was my birthday! Ketchup gang where you fuckers at?

>>16708334

>>16708359
Meant 90 days. Either way

>>16708201
Good work today

Should i sell ONCY? i'm down -6.54%
Bought at 5:26
Should i buy more AMD?
i'm a noob and don't know what to do.

in total im up 2% tho

>>16708387
Same here I wanna die

>>16708367
Yeah Santa's bringing ketchup
For all good girls and boys
A case or two of Heinz
Is better than any toys

>>16708293
Them doing this means they are low on money?

>>16708387
Buy s&p, or baba or amazon

>>16708387
>buying biotechs

why not just put it all on ABBV instead. sweet divvy and currently undervalued.

>>16708345
Damn

X hit support. Who wants to get in on it before it goes to $13?

>>16708396
I bought a big meme bag this morning. I hate all you faggots.

wowee what a fucking dump ha ha ha

>stronk hands dey trying to get ur stonks cheep cheep!

>>16708404
>Onconova plans to use the offering's net proceeds for working capital and general corporate purposes, including for the filing of a New Drug Application (NDA) to the FDA for intravenous rigosertib in second-line higher-risk myelodysplastic syndromes in 2020, and for commercialization if the NDA is approved.

>With the additional proceeds from the offering and from recent warrant exercises, Onconova believes that its funds are enough to extend operations and ongoing trials late into Q1 2021.

>>16708438
Anon, I...

>>16708362
At least I still have SAVA...

ONTX NOOOO

>>16708430
Got Memed by yesterday.
>>16708443
lmao me too :(

>daily meme stocks imploding
>ketchup still super comfy

I wonder if Buffet likes Lunchables. Probably likes to warm the pizza ones up in the toaster oven like a Chad.

>>16708456
yikes; good thing that i got paranoid and sold it before i took a bath.

>>16708448
At 36c a share. I got in at 32c. I'm thinking this should stabilise in the 40's today relatively quickly, but fair chance a lot of people will dump when they get the news over the next few hours desu I'm in for the results next year not the pump.

>>16708430
Is be a buyer if it comes back into the low 80s. Too much uncertainty in their pipeline.

Otherwise I’m sticking with a reliable performer with growth AND dividend growth, my pal MRK.

I also like LLY and BMY. (My hands are getting weak on GSK and AZN as strength in the pound is fucking all the exporter stocks. Took half profit on GSK)

WMT is junk.. it's about to roll over.. short it with all you got

>>16708485
.30, gonna hold.

>>16708350
Yeah monthly preferably. I'll look into what you suggested, my main one right now is NMZ but I want to expand.

Fuuuck I want to invest but it feels like such a risky time

>>16708516
It’s always a risky time. If you’re going to invest in a broad index (which you should) the best time to invest is always now.

>>16706577
that image is a bit too accurate of me

also i might just break even before midnight after a year of horrendous losses (everything I touch turns to red)

>>16708516
Is there such a thing as a non risky time?

>>16708523
What do you mean by a broad index?

Oh no!

>>16708535
Sad pepe image

>Imagine not wanting in on a heavily discounted company that the worlds best value investor owns a 27% stake in
>you probably have 3 of these brands in your house right now
>what do you still need even in a fucking recession?

You faggots did buy $ODP like I told you to, right?

>You down with $ODP? Yeah, you know me!

>>16708498
Well ... we can cry about it later if it turns out to be a massive hype pump to drive a higher share price for the direct offering and it turns out most were only holding it aware or unaware of that pump or blind retard FOMO.

Worse case it goes back to being a 29c share until a further catalyst. Will force out most who will be looking to move their money somewhere able to show a quicker growth.

Best the offering shows confidence in the drug and sustains growth.

>>16708547
Yeah, just like Dean Foods.

>>16708556
I did! Thank you anon for padding my ONTX losses.

>>16708556
holy fuck man... seriuosly.. wtf... I usually always trade ODP and pissed i'm not in it right now.. been looking at it for like the past week.. then my grandpa sends me an article about peter lynchs favorite stock and one was ODP... and I just wrote him back about it then the page refreshed and I saw your post............... WEIRD

>>16708485
Exactly, got in at .298 and was always looking to next year's results. Would be lying if I said this didnt hurt tho desu

>>16708540
Holy shit I’ve looked at some of the posts about this thing on /v/ but I’m really impressed by this. It seems to have a pretty good handle of what’s going on. Except for where it said you’d buy SOXL from one of the brokers on the board. There are no brokers on the board...

>>16708561
Hehe nice
Not the same thing, but similar in that they’re in a challenging sector and the brand is in decline. Also worth noting that Buffett has regarded this investment and the merger as a big mistake. Basically Heinz is legit but cardboard noodles...

>tfw in ONTX at 0.45

fuck it, I'll wait. drug seems reasonably promising and if this becomes a 5 bagger I'm gonna coom all over the walls.

>>16708561
Are you an actual fucking retard? Dean was saddled with so much debt and all they had was fucking milk. Buffet never touched that shit and only retard wojak posters bought that shitty bait. KHC just needs to find a cheaper way to get tomatoes.

Nooooooo nononono not the little ontxorino noo ;(

>>16708547
I want more KHC.. I only have 100 shares but wanted atleast 200 before it takes off to 40

>>16708556
Yeah 2.20, I don't know if I checked it out and bought it because of you. But if I did back in the beginning of december... BASED.

>>16708571

Now remember my

>PROTIP

Patience is a virtue.

>>16708481
CHUP BOISSSSSSSSSS

>>16708560
I'm a buy and hold, I'm comfy waiting. If their drug works it'll spike hard. if it crabs along my entry, whatever.

>>16708499
QYLD seems to be the most popular in this thread.

>>16708584
Yes, I'm having a lot of fun with it copying and pasting things that anons say here and the responses I get are hilarious and so real sometimes. Proves that we really are that predictable.

>>16708603
You even got the based ketchup colored id

>LCI
>GME
>LCI
>GME
>LCI
>GME
>LCI
>GME
>LCI
>GME
>LCI
>GME
>LCI
>GME

Scalped INPX for 10%, might have to call it a day before I fuck it up.

>>16708610
I don't think anything is the "most popular" here, AMRN was the most popular one here by far but I think everyone pulled out when it dipped. Now our forces are mostly split

WHAT THE FUCK THE LOCKHEED SELLOFF IS ACCELERATING?! I BOUGHT YESTERDAY AND JUST OPENED UP A PUT CREDIT SPREAD!!

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>16708588
KHC needs to spin off their worthless garbage brands

KHC needs to reverse the merger

>>16708610
QYLD is an etf, it’s not a stock. But it’s worth looking into I think, I’m the reason it gets brought up every thread. It’s worth reading a little bit about it if you’re curious.

>>16708635
LCI is rising like a Phoenix.

>>16708641
The AMRN shills that come in here remind me of the AMRS shills..... same style shilling....

https://www.youtube.com/watch?v=xTPcI7HHu5w
>he's not 57,351% up
I shiggy diggy

>>16708533
Mainly S&P500. Maybe dow or nasdaq 100

Yuge green dilly on KHC.
Still comfy.

>>16708610
It looks good, might drop some into it. Thanks for the tip.

SPBH hold??

bwl.a shares for sale

>>16708607
What is odd to me is there are no ONTX shills here, so why did so many people buy? I don't think anyone here ever went into detail like Sava or snss anon do

>>16704910
I just do companies that passed the test of time for dividend investment.

>>16705501
aged like milk.

>>16707787
do what now?

also, fuck you /biz/

/smg/ rate my portfolio going into 2020

SPY
SSO
XLV
ALB
FMC
SPXL

>>16708748
Such a cute company

Am I reading this right that their Q4 earnings are down 50% from last year? That’s quite a drop.

RIP Les
90 years young, 47 of those with Bowlingball. Did you know he esatablished the company’s employee stock ownership retirement plan?

He’s bowling with the angels now

>>16708758
i found it looking for high PT's with low stock prices, did some research and liked what I saw.

ONTX - Honestly I don't care about what it does past the $2 or 2.5 mark cause I'll be out with a nice gain. AMRN - I was late to the party so I had to endure several dips and wait for the FDA to deliver my gains. With ONTX there won't be any of that shit, just some bit of good news and it'll fly, no FDA waiting bullshit. I just want my money pure and simple. AMRN was nice, I made a bit of green on it, but the only way I would've seen real money was if it got bought out. Which may or may not happen or take a year or more. Fuck that. I want my money as soon as I can get it. Cause I'm not getting any younger.

How do y’all niggas get around capital gains taxes??

>>16708118
good fuck you guys for making fun of me. I warn you guys about weed stocks.

What books should I read before entering stock market?
I have money in savings accounts that is generating passive income a little. I want to study the thing a bit and then open interactivebrokers acc or something

>>16708837
nice try IRS

>>16708837
Well I make shit to start with so my gains this year won't fuck me over any. It won't bump me into another bracket so its all good. Long as I get my fat refund and not owe a shit load it's all good.

>>16708851
I won off of a few day sells and am genuinely concerned that I’m going to pay a 40+ percent tax on everything. I want to minimize how much of it is exposed to the tax. Maybe not outright ignore it, but minimize it.

>>16708866
>40+ percent tax on everything
short term capital gains is taxed as regular income, so it wont be 40%. there's no way to avoid it (unless you have offsetting losing sales), as every sale is reported directly to the IRS.

>>16708777
nobody could have predicted that the company would announce a direct offering. considering that the buyers look to be insiders and institutional investors, it suggests that the upcoming Phase 3 trial results could be very positive. this offering gives them enough capital to operate into 2021, including commercialization after approval, according to the company.

>>16708803
shouldnt be true, Revenue and margins roughly the same as last year just slightly lower

>>16707209
Well I want another one

>>16708849
I like Asimov
If you can get over how dry his Russian prose is, the first novel of the Foundation series is worth a read. If it hooks you, I recommend the original trilogy.

>>16708801
Going into 2020, as in for january, I like the IBB. Seems like a good idea for january, had some nice call activity yesterday. Should benefit nicely from JPM's conference.

>>16708943
Obviously I mean something about stocks and investing

Heh you gotta be pulling down 80k to get bumped past the 12% bracket (married). I ain't made that much. My wife sure ain't either. So I ain't worried.

>>16708952
The Intelligent Investor - Benjamin Graham

Technical Analysis of the Financial Markets - John J Murphy

read these and you will be miles ahead of the tards on this board.

>>16708999
Who are you talking to?

>>16709009
No one knows, but he got trips.

Do you guys think Buffet will really rest with the bad deal he got on Kraft? No you dumb niggers. The kind of guy he is he isn't gonna rest until that fucker is pumping out the "phat verde sacks"
You can basically guarantee he cuts all the bullshit and focuses on the core profit making aspects. I mean it's basically the guy's MO for a billion years.

Just got 8 shares of K and 16 stocks of KR. People are always going to need food right?

5 Calls for FB to 207.5 by Friday.

Trying to take advantage of the overreaction sell off Monday. Worst case, I'm out $225. Best case, I make my biggest gain all year.

Boners

>>16709043
is there a chad food ETF? low fees good gains?

>GBR

Dayton Misfeldt will be on CNBC in an hour.

>>16709051
Not sure if thees are chads DESU I'd have to do some more research into it.

https://etfdb.com/etfs/industry/food--beverage/

Time to buy more BILI?

>>16709051
>>16709043
large call volume in GIS and KO today, foodchads.

>>16708952
don't get cute with me asshole
I'm just trying to help

>>16709003
I mean... yeah but don't you think those are a little outdated? You literally can't find stocks that meet graham's criteria anymore (or am I thinking of Lynch?). I've got to get around to finishing graham and lynch, two of the greats but I wonder how they'd preform today.

>>16709043
GIS is good too if you want to invest on all the incoming crazy millennial cat ladies. most of them are just burning their fertility on their careers or the cock carousel.

>>16708758
I bought (mostly) because of what's on here. There's more but this should give you a decent idea.

>>16709152
where'd you find this?

>>16709140
I have a bit of exposure to GIS but could get more. I think I am good on consumer staples tho it accounts for 30% of my portfolio >.<

I want to move into Financials and investment brokers next and try and round out my portfolio.

>>16709174
>Cont

>>16708837
Never sell.

>>16709180
>>16709174
>no LCI

>>16709166

Someone posted it on Stocktwits

ONTX - 12,100 shares. Times 2.00 or 2.5. All I need to get the ball rolling on other things. If it goes past 2.5 hey all the better (say back to the 52w high of 4.00) but its all good either way. The better part is that this is not some insane numbers based on some hype but is backed by history and therefore is repeatable. Just a bit of good news and this will hit that mark again.

>>16709194
It looks like they don't pay a dividend. I only go for dividend stocks. Anything else feels like bitcoins.

>>16709219
>It looks like they don't pay a dividend. I only go for dividend stocks. Anything else feels like bitcoins.
sounds boring... also sounds like you have a lack of understanding equities and the difference between them and crypto currency

>>16709208

You trying to convince yourself or us?

>>16709174
>>16709180
>Portfolio without LCI is pic related

Remember when life was simple?
Come on home to the simple life.
Come back to the sweet taste of Heinz ketchup.

fuck yeah!! GME is so fucking fun to be in right now.. Shorts gunna get fucked hard

Just bought 4000 shares of ONTX at 0.38. Everyone here seems pretty bullish on it and I read >>16709152 's post. Let's see what happens. Sold my CORV to buy it

God damn lci

>>16709242
It is pretty boring. I invest at the start of every month after doing research on a sector and what dividend paying stock will benefit me the most. After that its set it and forget it. I haven't had to sell many stocks. I end up reinvesting my dividends. I'm 25 and invest around $1,000 monthly.

My day job is in IT as a software engineer / systems engineer so I don't ever have time to watch graphs and day trade.

>>16709219
>doesn’t listen to memestock shills
You’re gonna go far.

Why PFE? Something I’m missing in their pipeline or you just think they seem cheap?

>>16709295
Its a pretty safe dividend with steady growth and room to grow. I also think I got this at a fair value during some lawsuits that they where going though. It ended up being nothing so I think it ended up working out for the best.

>>16708837
There’s no way around it unless you never sell. You can hold for more than a year, to take advantage of a better capital gain tax rate, and cut your lossers at the end of the year, to take the amount of the loss off of your capital gains to be taxed. You could also max out the allowed amount to enter a year in an IRA each year, to take advantage of less tax and maximize compounding cash money baby.

Look at the KHC chart and get the cheapies while they last.

>>16709348
That monthly has some room to climb

>>16708350
Wow you faggot, thanks for making REIT stocks go up, I was enjoying buying them at $0.85 a share and then you had to come along and tell everyone.

>>16709286
Damn, it dropped 50 cents this week, and went up 20 cents.

Not a bad way to end 2019.

>>16709087
The fundamentals are never outdated

>>16709395
Hehe based. Don’t buy until people are literally crying. Thats the buy signal for memestocks.
>>16709340
Nice
>>16709348
Ima tell you one last time
Heavy call volume in GIS
87% call/put
>>16709393
NRZ also getting some nice call volume

I BOUGHT THE BILI

Put in some orders for PEP, KO, GIS, NRZ... lets hope they fill!

AWWWW SHEEEIT PEP CALL ORDER FILLED

How did I succumb so easily to the shilling?
>mfw stuck with the bag on NYE

>>16709465
holy fuck that is a lot of call volume.. has been that high the past few trading days?? maybe shorts hedging??

>>16708825

Oh you're that annoying anon who keeps gushing over the possibility of ONTX making you all this money!

The guy who "put 12k in the bank", right?

It brings me genuine joy to see ONTX shooting down, especially knowing you got in at like .50.. hope you lose everything and learn a lesson in not being a fucking sperg.

>>16709242
If you want action go to a casino.

>>16709465
>BILI

I remember all of you made fun of me and bash me for shilling BILI at $9 because the communist party ban their app.

>>16709576
i'm not a gambler...........................................

Sorry if you don't know how to read financial statements...........................

>>16709570
anon, why are you so angry?

>>16709599
he lost it on ONTX lmao

>>16709581
Who are you?

Smg has been a fan of bili for months. I’ve been kicking myself for selling in the mid 15’s

>>16709570
wow rude

>>16708837
dont live in the US.

>>16709608
I would shill that stock so hard and I would just get shit from you guys. people would say just to keep shorting it around $9.

>I sold my FCEL at 70 cents

Son of a bitch

Should I get some VXX call protection?

>>16709635
I don’t remember it ever being that cheap.

Part of why I liked it is that they comply with the CCP demands and even made that Marx show to appeal to them

>>16708556
nice meme.
a whole $1.50 gg.

>>16709686
>>16709686
new thread for the BILI boys

>>16709686
>>16709686
>>16709686
>>16709686
captivate and migrate

>>16708632
It's like they always say.

Your stocks will go down if they don't go chup lol

>>16709570
>hope you lose everything
Well that was unnecessary and grinchy