/biz/ - Business & Finance

RECYCLE THIS LATER, GO HERE

>>19626338

>>19626351
First day on Biz
what should i know about investing and crypto?
during all my college years i made fun of my friends who discussed it and i barely know what math is. Any recommendations for that?

da cats doing da nae nae nigga lol how he do that tho fr???

>>19627393
Yeah. Kys.

THE BEAR (CHAD) WILL LEAVE ITS CAVE FOREVER

Miss me /biz/?

Is there anything that hasn't completely mooned from the last couple weeks? Nothing is in the range that I want to buy anymore

WHO ELSE STOCKED UP ON LTM CALLS?

>>19627802
USD

>>19627802
Utilities are still pretty beat up.

>>19626351
>107.5 shares of IVR
Get back up to green and beyond you little whore.

>>19627808

Wish I was

>>19627782
MUMU IS GONNA GET IT!

>>19627885
>>19627782

Larpers who have never even opened a short

>>19627906
How do I short your post?

>>19627802
First down day in a long time. Glad to be part of that moon mission.

>>19627782
>>19627885
Careful, I think we're closer to going parabolic ala 2000 rather than crashing down. From the picture: look at the rise to 2000, from there they slowly ground bears until 2600. 30%. Then every single bear got blown out for another 2000+ points. There were people getting run over the whole way up saying it can't go any higher. I circled and starred part of the chart that could be analogous to where we are now, but looking again the question mark part looks close too.

On Monday you could buy 100 shares of MRO for 8.00 and sell an 8 call expiring Friday for $60. How is this not retarded as fuck? 7.5% return for selling the shares for the price you bought at in a week seems like the freest shit of all time. I sold 3 but bought em back for a $5 profit bc I was bullish. Now wishing I had that downside protection but futures are green so who knows what will happen to MRO come friday

>>19626351
hold on, is that gif real?

My favorite part of this week was how TVIX went up even as the S&P500 went up. People are hedging moving into the FED's announcement tomorrow.

>>19628305
Same, senpai. Got some TVIX shares for this week.

>>19627861
I'm the retard telling everyone last night to buy in. Guess what I did during the tumble down today...

Going to see how correct smg predictions are

https://www.strawpoll.me/20309351

>>19628305
Don't lose perspective. The best you could say now is that they are no longer relentless selling volatility. Once vix starts getting over ~31-32, maybe it starts gaining some traction. It could just also just stay between 25-30 for a while. I'm not trying to change your position or anything, just telling you what I see.

>>19627802
Any of the following

>>19628305
My favorite part is how people who trade the VIX don't even understand what the VIX is.

>down 0.75% after 6 day winning streak
>spergs with 4-digit robinhood accounts act like the end of the world has come
yawn

>>19628414
That's right I didn't double down. I didn't triple down I quadruple downed. I went from 281 shares at 4.69. To 920 at 6.5 by buying every dip today. as it bounced down after I sold at 8 before. Had to leverage some debt, but I aint scared. (I'm a little scared but the 10 year history keeps me less scared.)

>tfw bought IVR at 7.4

>>19628500

Based and money where your mouth is pilled

Is it too late to buy into oil?

When are you going to apologize, /smg/?

>>19628543
No oil will continue to rise as economies open up. Buy on red days like today sell calls on green days easy money

Jpow going to unwind tomorrow. Economy opening back up, great 2.5 million positive job numbers when 8 million negative jobs were expected. Market at all time highs again. He's going to take the punch bowl away.

I bought at the march lows but I'm waiting with popcorn ready to see the retail investors get reamed in the ass especially the ones who bought htz. CNBC actually ran a bankruptcy PSA to explain what it is to educate the retarded zoomers.

Any other RTXchads twiddling their thumbs waiting for it to moon; scooped up a bunch of cheap calls back at 58 a share and am just jerking off waiting for it to blast off

>>19628543
There will be another opportunity in a few months. Saudis unironically will go bankrupt in a few years. They can't survive at lower than $70/barrel. The price war was a last ditch effort that failed like the one they pulled off in 2014.

>>19628536
If you liked the stock at 7.4, you should love it on sale at 5.60.

thoughts on RWT and DKNG?

ALL TSX BOYS BTC ETP AVAILABLE AT 12.02 LMFAOOOOOOOO NIGGA WE MADE IT

Going from 50k to 100k is proving difficult.

First i had to go back to work which makes it hard to watch what the market is doing.
Second the market going down two days really set me back. I was getting close to 60k now I'm basically at 50 again.
Third I want to quit my job so bad, but I figured i need 100k in the market plus a year of expense money to do that.

>>19628586
What is a bunch?
50 calls is like a half million gain.

>>19628578
>he thinks he isn’t retail

>>19628660

Put down 1k on EOY 85 calls when they were 50c a pop

>>19628661
Not all biztards are NEETs scratching their nuts in their mom's basement, some of us might even have jobs in finance and know what a SEDOL is.

>>19628578
Retail: the post.

>>19627393
Search google for corporate logos, buy the ones that look cool

"Yeah, I'm not retail. Actually I am smart. And different.", proclaimed the retail investor.

>>19628689
Listen here mister, don't be confusin' me with no ACK-ROH-NEEMS. I got's one thing and one thing to tell you, and that's I aims to be getting all the free money in the gosh darn world. Amen brother. You thinking you're some sort of slick city jew, folding all your paper into whatever crazy Origami you can conjure up, but do you have good ol' fashioned grit? I din't think so.

>>19628752
Did you buy at march lows when the bears were gloating and spreading doom and gloom? Look at what the majority is doing now. Look at all the retards gloating how they're so much smarter than Carl Icahn and Buffet. Maybe you have two brain cells to rub together in your head and figure it out from there. Retail investors always lose because they're retards.

>>19628783
I'll have you know my IQ is 75.1

>>19627808
i’m confused why invest if it’s doing a merger? what happens to your shares after a merger?

>>19628500
Based TD user

>>19628783
The problem is you're assuming that they're never wrong. Buffet, if he didn't sell, would be up. It was a mistake on his part, and retail investors, at least so far, were right.

>>19627808
Uhh wtf has it been removed I can’t find it anymore?

>>19628664
How much are the 2000 calls worth now?

>>19628500
Same. Hold 1400 shares at an average of 5.5

Will hit 12 next week provided Jerome doesn't give bad news.

>>19628500
I bought 100 shares today after hours at 5.78.

Guys wtf was LTM / Latam removed from Robinhood?

Futures green

>>19626351
I wish I knew about eww before
I would of shorted the shit out of it and made a lot of money back in February
Because I think Mexico is a trash country

>Long 4 MES.M20 @ 3,208.00; Target 3,245.00; Stop 3,202.25

>>19627802
dbd. there were like tons of atms banks and pos terminals hit in the floyd riots and this and ncr got completely ignored. this is already going through a turnaround DBD it use to be 40 dollar stock and was only one company.

>>19628898

I think they got delisted

>>19627808
I bought about 300 of them at 3.1. I wish I put in way more than I did.

>>19628976
There's a possibility that the news won't be good though. So it's not a win yet.

>>19628994
>>19628976

>>19628558
should i buy in tomorrows drop?

>>19628588
so tomorrow is a bad idea then? lol

im never buying a pumped stock again, got absolutely anus stretched on REIT memes

>>19629134

Some things you can only learn the hard way

>>19628951
wait wtf does this mean?

>>19628864
What would be bad news for IVR?

Is the NKLA meme over?

>>19629166

I’m not sure really, but it sure doesn’t sound like good news.

>>19629190
It’s just beginning

>>19629092
Oh

>>19629092
Fuck.

>>19629212
>>19629092
yikes

>>19628500
Facepalm I didn't realize they got so cheap today, could've bought more. IF their dividend goes back to normal AND they don't go bankrupt THEN they have quite a solid dividend, 50 cents per quarter. No surprise they were stable in the upper 10s precovid crash.

From my math, should the dividend go back to normal, you would be getting $1840 annually in dividends. Put another way, about $153.33 every month. Idk how much tax would reduce it tho.

>>19628864
>1400 shares
Should everything go back to normal for them that'd be $2800 anually or about $233.33 monthly. Idk on how much taxes would reduce it. Not bad that's about 1/10 of what my monthly expenses would likely be if I moved out of my parents home.

>>19628808
A merger may lead to being issued new stocks on a company that may be valued higher (possibly) or 1 company buying out the shares of the other for a higher price than current share prices or something else. Anyone that owned shares, as long as buyout price is high, likely made some easy gains.

>>19629166
I-I'm so sorry Anon.
>>19629184
That he's not pumping. Presumably, I'm prepared to long haul this stock however. Their reliability over 10 years is really impressive. Keeping a line that well maintained for that long is proof enough to me that it's a good idea. Pays good dividends.

Everyone here butthurt on IVR is like my friend who set his stop limit to 6, and on it's climb to 8 it dipped from 7.5 to 6 and sold everything. Then he bought back in at 8. Lol. Down 20k.

>>19629205
Nice, this will be fun

>>19629092
Nvm I thought the anon who said it was merging actually meant they were merging with someone. That's just bad news for them as it sounds like they went bankrupt or something.

does the pattern day trading restriction apply to every broker I trade with or I can change the broker and start at fresh?

Red day is Bear day, which is buy day for me. I sold Friday which was green day. I buy buy buy on bear day.

>>19629261

Yes. Pattern Day Trading applies at any brokerage. You will be subjected to keeping a minimum of $25,000 in equity at all times.

>>19629228
>That he's not pumping.
Not pumping what? Fairly sure that if he gives bad news many stocks are gonna dump and the reverse aka good news will cause a pump for many stocks.

>>19629226
I'm actually quite torn on what to do. I don't know if I should actually just hold these fucking things for like 3 years because it's just extra money in the bank and I can pretty much sell at any time from what their history presents. I want to sell them at 10+ or at least 12, provided it doesn't climb like a motherfucker and over-inflate rapidly to 20 or so on the bum rush to get in.

I want to sell so I can dump at least 4k into Pure Gold Mining. I can feel my nose grow more crooked and ever so long every time I see them posting new pictures on twitter of them excavating delicious gold.

Eric Sprott put 15 million in and I'm inclined to follow the billionaire investor who's specialized in precious metals and diamonds, which PGM is also mining. They're currently like 1.4 and I have 680 shares already. But I also want to blow the wad.

My initial goal was to turn 400 bucks into a VR set. Now I'm wondering if I can become the Omega-Jew.

>>19629288
well, then it's over for me. fuck this jewish market shite. I will sell and buy gold instead...

>>19629205
Can't wait for the 50th meme car company to produce jack shit and flop

>>19629261
i got marked as PDT violator in robinhood then moved to etrade and i can buy/sell, but can't do it using unsettled funds.

>>19628500
My investment has nothing to do with yours but everyone here mostly talks shit or shills and doesnt put their money where their mouth is. You're giving my confidence to remain iron handed and I respect you and thank you for it lad

>>19628467
Is WMC a good bet, I bought in at 3.70?

>>19629338
>and i can buy/sell, but can't do it using unsettled funds.
because it’s a cash account and not margin

>>19629205
It's waaay too early bro. Look at where Tesla was infrastructure/sales wise when it reached the same marketcap NKLA is at with nothing. I also don't get Elon vibes from the CEO, he's nowhere near as embedded with meme magic. I am biased, I already made a shitload off of it and went short right at close, but I think the ride ends tomorrow and I expect a 30 something dollar share price before week end.

>>19629296
>REITs need capital, just like any other corporation. The way a publicly traded REIT (real estate investment trust) does that is by IPO -- initial public offering. This is just like selling any other stock to the public, who are investing in the corporation's income-generating real estate. The people who buy IPOs are investing in real estate which is managed like a stock portfolio. These external funds that raise capital enable the REIT to buy real estate, develop and manage it, for the purpose of generating profits. REITs generate income, and 90 percent of that taxable income must be distributed to the shareholders on a regular basis. REITs make money from the properties they purchase by renting, leasing or selling them. The shareholders choose a board of directors, who are the ones responsible for choosing the investments and for hiring a team to manage them on a daily basis.

Is there any scenario that you can think of that might cause them to stop generating income

>IVR
>Invesco MORTGAGE Capital

Why would a mortgage company not have money for a short while... and then suddenly get it?

People are going back to work. Mortgage companies are going to start getting their payments for the properties they developed and sold mortgages for. The only thing I fear is the second wave if Covid isn't a big fucking Chinese prank to give schlubs like me the chance to gain wealth. Thank you Xi Xinping.

>>19629364
Pig's get slaughtered but so do chickens.

alright goys, lets hear some proper Zoom (ZM) fud. is it a sustainable business model? do they have an advantage over their competitors? is it horrendously overvalued or are investors flocking to it due to the quality of its earnings?

>>19629373
yeah my etrade is cash with level 2 options. i guess what the other guy was asking is if brokerages share data on who violated the PDT rule so that if you create a new account at another broker, the restriction stays with you.

my original robinhood account was never a margin acct, it was just the 2nd level where they give you "instant" access to funds and can trade with unsettled funds.

>>19629251
They had already filed for chapter 11 back in May.

>>19629134
it’s the tankerturd meme all over again and the same retards were shilling it

>>19629404
>is it a sustainable business model?
Yes.
>do they have an advantage over their competitors?
Yes.
>is it horrendously overvalued or are investors flocking to it due to the quality of its earnings?
Extremely overvalued.

>tfw still bagholding DHT

>>19629092
What’s gonna happen to my money?????

>>19629486
at what price?

Hello I from future.
Fed tomorrow say economy strong.
But could maybe be stronger tomorrower.
Fed say they buy more.
Stocks go up.
Other news, Officemax still under 3 dollar.
Buy before it go up.
Everyone working from home been buying new supplies.
They will more than meet earnings expectations in July for Q2.
Stock flying off shelve faster they can restock.
They lay people off too. Better profits.
Stock go up.

>>19629511
https://www.youtube.com/watch?v=_nVk25ZvTkU

>>19628500
I've got 1000 at 6.43 and I'm a little spooked I'll have to baghold this for a while as well but I'm on the same boat as you my niggah

>>19629521

Noted, cheers time traveling fren

>>19629519
7.28

>>19629511

Checked

>>19629540
oh shit, rip anon

>>19629296
>Not pumping what?
Ur mom’s pussy

w-why are futures green

>>19629205
The head engineer is an Arab.

>>19628500
Why would anyone buy this shit. Honestly. What the fuck is with this board buying shit like this.

>>19629623
i wish he’d pump my boi pussy which is why i have a picture of him on my wall

>>19628594
alright anon you've convinced me

>>19629675
This is why.

>>19629693
It's a company none of you know anything about within a sector that none of you know anything about. There's maybe one anon in a hundred who knows anything appreciable about it. You can't trade something you know nothing about with any conviction, which means you're just blindly hoping line goes up. When it doesn't you panic. Now that a bunch of novice traders who know nothing about the company or industry are sitting at losses, they're desperate to break even which puts resistance in at those levels. If it continues to fall it's going to completely shit the bed.

I mean enjoy your trades but it's like some of you are either masochists while others just hate making money. Then there's the occasional Judas Goat who leads the rest to random shit like this. How did this one random stock that no one's ever heard of become a thing on /biz/ to begin with. Do any of you even stop to ask that question? Why this one of all of them?

Eh fuck it why do I bother.

so do i buy chesapeak now?

>>19629744
spot on. sheep will be sheep

yoo what's this mean?

https://www.aerotime.aero/rytis.beresnevicius/25167-qatar-airways-reiterates-support-for-investments

Thinking of getting into options but the idea honestly kinda scares me. I see potential for big gains but also the devastating losses put me off.

Alright. I’m stupid and don’t know about stocks or money. I have 2 considerations when it comes to buying shit:

>How important is the product this company produces (oil, etc)
>What is the all time high compared to the current price

Am I going to get money doing this? I have a good feeling frens

>>19629768
That cat is way too big for that box

>>19629744
You are right, I don't know much about it.
But I only bought in for 30 stocks in my gambling robin hood portfolio.
My real money is in Vanguard ETFs
This is my FUCK IT money.

>>19629677
I've been in this specific stock trading thing for 4 days don't listen to me you dumbshit.

>>19629773
I'm in the same boat, but in addition, I don't think I'm smart enough to trade options.

I've watched a few youtube videos on options trading and still can't quite wrap my head around puts and calls. I'll get there eventually I think but I'd prefer to take a class on it or something before jumping right in.

>>19629773
Can you do options trading without borrowing money??

>>19629802

>>19629773
https://en.m.wikipedia.org/wiki/Mark_O._Barton here's one you may not have heard

>>19629744
I didn't realize I had to know everything about Dennys, Air Canada, Boston Pizza, and ACB, as well as riding Novavaxx up for a quick short. Environmental factors are effecting the price. I don't have a risk tolerance because I have a well paying job that is Covid proof, and my hours just increased. I can make that money back in a few months of not having 30 dollar dinners every night and cutting back my smoking, and actually buying groceries instead of being a lazy fuck.

6k is nothing, Covid is the perfect storm. It's 2008 again but this time I actually have money to get in.

>>19629813
Covered Calls

>>19629822
I have a PhD in Denny's you fucking pleb don't @ me

>>19629815
Don’t just leer at me like that anon. Give me a response.

>>19629822
>I didn't realize I had to know everything about Dennys, Air Canada, Boston Pizza, and ACB, as well as riding Novavaxx up for a quick short.
You don’t. Just buy Denny’s because you’re optimistic on their future business as the economy reopens. If you want to buy more than a tiny bit, then look into their debt and growth and all that good stuff.
>I don't have a risk tolerance because I have a well paying job that is Covid proof, and my hours just increased.
Those are reasons to have risk tolerance. You have cash flow.

>>19629828
I figure borrowing money to gamble is probably the dumbest shit you can do. Might as well get a bank loan to play blackjack

This is the top, right?

>>19629747
day trade only

>>19629802

If you're serious don't buy funds or leveraged ETF's they don't operate like normal stocks because they aren't real companies, you will get fucked if you try to hold.

>>19629854
Is there any chance of me making 50% anytime soon on USO? Like a 6 month period??

You guys start trading in two hours. I've been blowing down adderall and drinking beer playing valorant.

All my position's are long . I'm going to Jack off and go to sleep then wake up and wage slave because I have a deadline but I will tell you I dont ever sell anything

>>19629770
It means Qatar Airways is in good shape and they care committing to not dump their LTM holding. It's good news.

>market bounced back despite huge employment crisis and overall production/consumption slowdown
>Feds printing trillions of cash for the repo market
>Feds buying trillions of corporate debt
>Virus cases haven't slowed down and will likely spike in the USA with all of this protesting

anyone else afraid there's going to a legendary crash soon?

If this script I'm working on compiles, long HON

If it doesn't, short HON

>>19629882
Oh no. The cold. Better kill the economy.

>>19629866

Maybe but tons of people lost their ass on this a few months ago. Understand that USO isn't tracking the price of oil but you are trading in rolling oil futures contracts. If you don't understand what you are doing I would recommend investing in oil companies (exxon, bp, MRO, PE) etc as examples, if oil goes up they will go up as well but you won't implode your shit if oil goes down, you might just have to hodl for a year or so.

>>19629822
I would wager that you know more about most of those just intuitively by living your daily life than you do about some random mortgage capital firm. Depending on your job you may be in a great position to evaluate certain businesses with much more intuition and insight than others. For all I know you work at Waffle House corporate and are in a great position to evaluate Denny's. Now am I saying you can't luck out on some random bullshit stock? No. I'm simply saying that of all the options you have, why the hell would you choose that of all things. And not you singularly but you as in so many anons on this board.

Have fun trading I wish all IVR holders the best. I hope it moons I really do. I don't understand the mentality, but the Judas Goat is obviously good at what he does.

>>19629882
>covid
that shit is over, move on no one cares

>>19629899
I own MRO and got a bad case of rape today

>>19629882
Ah ha! New template fuddster. So are you guys /leftypol/ or what?

>>19629911

Imagine if you get raped on USO except it's literally never going to go up again ever.

>>19629866
>hold USO ETF for 6 months
>he didn't read the USO 32 page prospectus that was sent to you

You're about to get ass raped, anon lol

I guess I've really joined the market at a perfect time, if all of it went pretty much -10% yesterday and I'm still in green overall.

>>19629926
What kind of assrape? Will he call me the next day? Or will I end up in a river afterwards

>>19629915
>>19629893
>>19629905
stage 1: denial

It's time to sell. Don't say you were never warned

Time for a spicy 50x lev gamble on DAX? I think it is.

>>19629378
Thanks for the rundown. Learned more about reits as I didnt fully understand them even last year. Logically speaking reits are likely in the clear.
>if joe can't pay rent, then company gets no money, company cant keep getting no money or they go bankrupt, leaves joe homeless as bank repossessed homes are like easier to evict tenants, fed steps in to prevent a big crisis, once things level off reits return to business as usual.

Basically if reits go down every other stock that isnt an reit will likely go down with them.

Daily new infections are still 100k+
But no one cares about the coof no more

>>19629820
That has to do with day trading not options, or?

>>19629953
Nigger feefees is the new coof.

>>19629953
The Virus is becoming less lethal.

>>19629953
no-one fucking cares about the third world
meme flu has always been an overblown hysteria in Europe and the US

>>19629933
I sure as fuck am not inconveniencing myself one second more because violent niggers ran around torching shit for the last 10 days and everyone said oh they're allowed to do that but don't you dare have 7 people over your house for your kids birthday. Eat shit.

>>19629932

From what I remember when I read the USO prospectus, I think all you have to do is wait 2 days from now to see.

You can make money on ETFs. I made $500 in a week.

However, if you're a nigger about it and can't read you'll lose all your money. That's why its rated so shitty.

>>19629953
More importantly the number of active cases is going up day to day. So this epidemic isn't even in decline yet, it's still growing.

>>19629966
It was never particularly lethal lmao

Morality rate is being lowered

>>19629773
There's no shame in not option trading. There's multiple ways to get rich. Like sucking a millionaire's cock.

I'm selling 75% of my portfolio by end of week. Not a bear bro, just waiting for more worthwhile opportunities.

I don't want to get political, but let me just spell this out for the doomers in the thread:

The economy (read: the market) is what Donald's reelection is hinging on. Without a robust stock market, he loses the election. He's not going to let the market crash, if it fucking kills him.

Search your heart, you know it to be true.

Anyone actually good at the economy here? I have a question. Let's say a certain company (IVR) will pay it's dividents in 20 days with the equivalent value of shares instead of cash. The yield will be decaded based on the stock performance on 16,17 and 18 of June.
What does this mean to the stock? Will it dump on 16, 17 and 18 so people will get more cheap stock to pump it later, or will it rather pump so they'll get stronger shares? Does this also mean that on 3 0 of June their stock will crumble as people cash out their shares? So the share price will never return to ATH ever again?

>you could have literally made it by buying any meme stock like NKLA
I have missed the TSLA run, the big short, the dip and now this. JUST FUCJIKNG KILL ME ALREADY

>>19629820
>religious nutcase
ah, yes

>>19629744
For a stock you dont care about you sure are raging. I research these types mildly but never shill them for multiple reasons. In fact I got pist when 4chan began shilling it as I still had a decent chunk more I wanted to accumulate and wanted to avoid people getting burned dumpibg prices lower thus making it look sketchy.

t. Bought a lot of shares before anyone shilled it on 4chan and became more confident with details provided by anon and what Jerome will likely do tomorrow

>>19629975
Bullshit. The original virus that escaped the lab in China was nasty. It wasn’t a world ender, but you didn’t wanna catch that one

>>19629990
Guess you missed out on VROOM(VRM) earlier today too?

>>19629972
We've been telling you guys since day one, don't join the "expert"-induced hysteria. Better late than never I guess.

>>19629993
Ok forget everything I said, you're just retarded lol

>>19629993
The redpill is that this all stems from a rather large scale containment breach from the Wuhan Bioweapons program and there were multiple strains released. The real crazy shit we were seeing initially in Chinkland was something else entirely that burned itself out too quickly to effectively spread.

Get out of the markets soon.

https://www.bloomberg.com/news/articles/2020-06-09/speculative-fervor-in-u-s-stocks-surges-to-stunning-levels

>>19629747
R you soft in the head?

>>19630016
The original strain probably had a mortality rate of like 9%

>>19629521
What call price should I buy for Office Depot

>>19629972
based and true. Imagine trying to get us all to "stay inside, save lives" again when we know the governors bent over so Tyrone and purple haired dykes could riot, loot and squeal about abolishing the police. Not happening.

>>19630026
remember when you first started to do tarot reading and give people advice and it went terribly and then you put on that trip anyways?

Go ahead and take it off, and then leave.

>>19630023
>multiple strains released from lab

Elaborate please

>The real crazy shit we were seeing initially in Chinkland was something else entirely that burned itself out too quickly to effectively spread.

So you’re saying the nastier strains went extinct?

>>19629902
I bought most of my shares before 4chan unfortunately shilled it. Nonetheless i know a little about them but not much. Just enough to understand basics. So why do you think it's a dumb idea to hold this stock especially if I got in at $4? Might as well get an opinion.

>>19630052
I also do astrology

>>19629980
are you going into riskier equities ?

>>19629953
Pretty sure they let the protests go on to get Coronita-chan to everyone in them. Guess we'll find out in 15 days or so.

The world will be a better place once niggers and empathizers succumb to Coronita-chan.

Can you imagine all black people and soys erased from society?

If this happens, I will buy Office and windows rather than download it to thank Bill Gates

>>19629992
Anon I assure you I really couldn't give two shits less about the stock. It's the mentality that perplexes me. I really don't care enough to say any more about it other than I hope you get your moonshot, don't forget to take profits.

anybody here daytrade? How much do you go in with each trade? how were your last 10 trades?

>>19630068
Do you just have the one fucking pic bro, you've been posting that anime girl all day and night

>>19630057
Oh boy,
https://youtu.be/bpQFCcSI0pU

>futures on the S&P500 went from +0.60% to +0.28%

>>19630096
Girl’s have vaginas. Don’t make fun of the autistic fren who only posts one picture. Clearly he likes that picture

>>19630104
I do not like the way that girl is glowering at me...

>>19630107
Make it go up Bogg

>>19630107

Don't think futures matter just what jerome says.

>>19630107
>the futures meme in this clown market
>literally any day the printer can go BRRRR again

>>19630149
Tomorrow at 2PM ET the Fed releases its plan

oil is going to be a spicy one today but I don't have it in me to short

>>19630156
I can tell you right now what that plan is going to be.
The market is not allowed to crash before the election, no matter the cost.

>>19629966
>>19630057
>>19630016
>>19630023
>So you’re saying the nastier strains went extinct?
I don't know what he's saying, but viruses do tend to mutate into less effective versions over time and spread. So many things have to go right for a mutation to be advantageous.

>>19629976
Morality has really sped up its decline these past few years.

>>19630106
glad you like that one so much, it was a good find.

>>19629933
sorry schlomo, the economy called your bluff even amusement parks are all reopening

For you information

>>19630162
I'm sitting on all of the top Oil companies, I'll sell in 2-3 years when this shit show is all but a memory. I hate holding oil, but what can you do. Dips like that one happen every few years, I don't wanna waste my chance since I'm still young.

>>19630170
Everyone's workplace is starting lay offs including mine.

>>19630175
Bullish. Too bad the European Stock Market is a joke.

>>19629983
False. The market economy crashes either way. The retarded Democrats just ensured trump cannot be blamed.

>>19630179
>Everyone's
[citation needed]

Not everyone works at worthless retail clothing outlets like you. My business in manufacturing has doubled the hours and is desperate to find workers.

I've got 5k$ to invest what do I buy?

Why do I get the feeling that Jerome is going to fuck us tomorrow bull bros

>>19630222
hold cash and wait for the 2nd wave crash

corona gonna shut things down bigly

>>19630170
I wanted to buy Sea World. Maybe I’ll get it cheaper then 8$.
These people can’t control themselves.
You do know Rona can pass the blood brain barrier. It no surprise joggers getting more uppity as it fucks with their brains.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7146689/

>>19630228
kek

>>19630227
if he was then insiders would have already crashed the market

>>19630228
Won't happen in America, maybe in Europe. They'd rather let 500,000 old and sick people die than to ruin the economy for 330,000,000 citizens.

>>19630241
Maybe they already did yesterday? A small group of them.

So UCO was $536 in January and is $25 now. Is possible it will go back up that high?

>>19630228
Nothingburger virus.

>>19630241
Maybe. I just got a bad feeling about tomorrow. I hope he has investing.com open while he’s speaking

>>19630266
sun kills cold
news at 11

>>19630264
No no I’m corona positive I’m not sure I’m going to make it ! Please corona will kill us all, but im so happy BLM and so many NASDAQ companies want to defund the police it makes dying of corona so much better

reminder that you have to be a psychopath to be a good investor

>tfw DAX is up on open
>tfw that SP500 futures follow it
this is it cunnybros
ATH on everything is coming

>>19630258
It did another reverse split so 525 is not happening

>AHHHHHHH that first sip of the morning

Feels so good man. Where my coffeegang at?????

>>19630233
Good job User, you found Seas. Dont forget to buy it. Now come into my Den for 5 minutes

Here comes the green

>the Chad ISEQ

>mom wants to blindly invest in oil since she missed the wave

Please help me from getting my mother to dump 5k into TRCH. Nothing I see is positive.

>the sea of green
EU, I'm impressed.

I'm financially saved

Dow futures just jumped up

>>19630357
>>19630379
based Europeans are pumping DAX right now with freshly printed Euros

>>19630353
TRP, at least get divvies.
Listed on motley fool as top stocks for divs in 2020.

>>19629941
unf

Goodnight /biz/ see you guys during market. May our shit pump bigly.

>Aston Martin continues to OOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
The power of a competent management, I'm so fucking happy they've sacked the previous team. Now if only Formula 1 can return quickly so they can bounce back and make me some sweet, sweet gains.

>/smg/ was booming and mooning 1 year ago
>now it's mostly destructive people, myopic advice, a few preppers and the the hentai guy who forces his website link

What went wrong?

>>19630332
Are you still drinking that instant coffee, coffee man? Did we convince you to spread your coffee wings?

>>19630445
Depression after years of investing and still making just 3%. Chasing the white rabbit, jumping from one big thing to another, never to understand that it was already too late.

>>19630452
Why would anyone drink instant coffee??

Should I take my shares out of DAL and put them into HAL or XOM now they’re dipping?

>>19630452
Yea. I spend like seven euro a month on a good instant coffee. That's it. People here would moan if you bought Starbucks everyday because it's expensive and shit and then moan I'd you drink instant, which is decent and extremely cheap.

>>19630445
>>/smg/ was booming and mooning 1 year ago
>>now it's mostly[...] the hentai guy who forces his website link
>What went wrong?

You mean what went so right????

>>19629521
Tfw im seriously considering listening to you in regards to stocks in general and I have no idea why.

>>19630466
I don’t know, I don’t drink instant coffee. The 9:30 PM HST coffee poster (>>19630332) admitted to drinking instant coffee a few weeks ago

>>19630445
people watched too much TV and thought they were christian bale in the big short, now you have people going long on leveraged ETFS, oil, tankers and REITs because they just look for the ATH on the graph and assume it will happen.

>>19630357
Airbus was up like 46% in a week before yesterday

>>19630484
Maybe instant coffee is better in Europe than in America, because here it’s absolute trash. Undrinkable. Starbucks is also trash and expensive.

I get a 2 pound bag of organic beans from Costco every month for $10. Grind it every morning. Cheap and delicious.

>>19630484
You really need to grind your own. You aren’t even drinking the same beverage as me.

>>19630523
It will happen if you wait long enough. Though they'll probably sell to lose money elsewhere or maybe actually put it somewhere better.

>>19630317
baller

>>19630535
It's better yes

>>19630538
Don't you have to buy a machine and shit for that? Educate me I'm listening

>>19630557
Get a Chemex

>>19630557
Hand grinders are like $8. It pays for itself because you can buy bulk beans and it tastes way better than instant. You’ll never go back after fresh ground.

>>19630535
That's good because in ground coffee such as Maxwell House or Folgers, there are insect parts, mainly cockroaches that get swept up into the whole roasted beans at the production plants. Partly this occurs because roaches are common in places where coffee is produced, and also the brown beans hide the ground up Insects. This is so common that people who are allergic to roaches cannot drink pre-ground coffee

>>19630299
You, for some unknown and ridiculous reason, imply that being a psychopath is a bad thing

>>19629974
Don’t worry, the meme virus only kills about 120 people out of 10,000 and only 30 of those are under 65 years old. If you’re not old, fat and retarded and you’re not one of those 30, or that one million under 65 who will die at the Scale of America, you have nothing to worry about. But if you’re old fat and retarded there will be about 90 of you who die out of every 10,000, about 3 million Americans, so you had better watch out.

The truth is we have only seen a small taste of covid so far because we did lockdowns quickly. Now that Chad and Stacy have decided they’ve had enough of not being able to eat popcorn in movie theaters or whatever dumb shit they do, it’s about to get real. The number of dead are about to go up by 10x to 40x and none of the people laughing at this are able to show you any recent studies or math that back them up, their entire argument is that their infantile attention span is used up and that because they will probably be fine, millions probably won’t die (and if they do who cares since many of them are fat and old and most importantly not me).

>>19630539
>It will happen if you wait long enough.
not at all, only retards assume ATH's are achievable on every crashed stock

>>19629905
Ehh not yet, it hasnt gone away people just moved too something else.

https://bringmethenews.com/.amp/minnesota-news/2-companies-announce-mass-layoffs-in-minnesota-due-to-covid-19

>>19630594
That like a cafeterie?

>>19630531
was a matter of time, really
will go another 30-50% in the next months

>>19630604
>if they do who cares since many of them are fat and old and most importantly not me

Don’t forget black.

>>19630484
I just make french press with grinded coffee. Depends heavily on what you buy but some brands are delicias and for sure it's cheaper than buying at Starbucks or buying a coffee machine (actually I like beans that can be bought at Starbucks), while as far as instant goes, I found every one of them undrinkable.
I'm eurofag too although currently in Singapore - definitely hard to get good coffee here

WHERE HAVE ALL THE BOBOS GONE
LONG TIME PASSING
WHERE HAVE ALL THE BOBOS GONE
A LONG TIME AGO
WHERE HAVE ALL THE BOBOS GONE
DIED IN BULLRUSH, EVERYONE
WHEN WILL THEY EVER LEARN
WHEN WILL THEY EVER LEARN

>>19629905
Not quite yet, people have just moved on too something else.

https://bringmethenews.com/.amp/minnesota-news/2-companies-announce-mass-layoffs-in-minnesota-due-to-covid-19

theguardian.com/world/2020/jun/09/coronavirus-cases-uptick-detected-some-us-states

>>19630604
>m-muh lockdowns
kek imagine believing those lies

>>19630604

>>19630218
>stole Icahn's Hertz

>>19630604
What kind of garbage have you been listening to? Theres very little evidence that shows lockdown even worked to a substantial level. Many places around the world had no, or little, lockdown, and their society isn't overflowing with dead like you would think. 50% of the deaths are from fucking nursing homes, where the average lifespan is THREE years. Stop fear mongering.

>>19630644
lol that’s right, let’s not forget black! Since the rioters are black that means the virus will reach their communities faster and the 1.2% of the black population that will die from covid will do so slightly faster than the 1.2% of the non-black population who will die from covid. Let’s all laugh and point at them. Although in reality it probably only means they will get access to hospital care before the hospitals get overwhelmed.
It should be remembered that as low a figure as 3-4 million dead Americans is only true given a flattened curve where the hospitals aren’t overwhelmed. It could easily be another million dead, plus all those non-covid cases that die from no care. The general public will not trust society again for a long time.
But I’m sure your stonks will be fine. Brrr brrr, amirite?

AIRBUS CRASH LANDING
RETARD RETARD RETARD

>>19630683
Nothing to back you up, no math, no studies.

>>19630730
>he unironically believes a million amerifats will die of meme flu
man, I thought doomers in March were retarded but being unable to see the writing on the wall in fucking June is something else

>>19630747
last time I checked Sweden didn't go up in flames
and had lower cases pc than Spain, France, Italy, UK

>>19630747
Your "studies" are retarded graphs made up by some britbong BBW chaser. That same guy, "Professor Lockdown" or whatever they call him, has said that in hindsight, lockdowns make no difference on infection rate

>>19630747
Sweden is fine, some old and sickly people died, but the economy didn't had a pause. We all got played, the best thing we can do is to buy the dip.

>>19630695
Do you have examples apart from Sweden, who failed to contain the virus, and South Korea, who has a competent government that tracks its citizens?

here we fuckin go...

>>19630035
but it's cheap
>>19629852
aight

>>19630695
Sorry, Sweden is accelerating again, back to exponential. The truth is with more than half the planet under lockdown we managed to get the spread down to linear (R0 = 1). We never managed to get it below linear (R0 < 1) which is what’s required for the virus to go away. But now the curve is going back to exponential again, globally and in the US, as lockdowns are ending and people are fed up with staying home.
1.2% of earth’s population is about to die from covid. Simple as.

>>19630810
>implying it wasn't just a governmental ruse to get rid of pensioners

>>19630695
Don't bother arguing with /cvg/ just wait for them to move to the next larp apocalypse.

Oilbros are we going to be okay today?

>>19629521
Fuck it, I'll try this. Made a lot with oil the last 2 days, I can take a loss if it goes wrong.

>>19630752
What numbers do you rely on to reach your conclusion?
Let me ask you a really simple question: is covid more lethal or less lethal than the common flu in a bad year?

both CORR and MITThave some healthy bullish asks. maybe REIT's aren't out of the game yet

>>19630695
Sweden did not lock down. We (Norway) did. Now we have less dead and less restrictions than the Swedes.

>>19630850
Yes? I’m all in on oil. So I hope so

>>19630829
Oh no a couple boomers are gonna die of a flu how terrible.

KLANG KLANG KLANG KLANG

premarket open. Fairly subdued open here. No big mooners yet. COTY in first place at +4%. Carnival Corp in second with 3.8%. OXY and Chesapeake only red lads so far. Airlines mild green.

>>19630856
Lockdown wasn't to prevent all deaths, it was to try to flatten the curve to prevent hospitals from getting overrun. Sweden is nowhere close to that point. Belgium also did lockdown, a hard one, and they have more cases per capita than sweden.

What's up with AMD?
It's been falling for weeks and now it just keeps rising?
Their new CPUs aren't even out and neither are the consoles.
What gives?

>>19627393
Buy the dip and then tell all your friends to buy the dip.

>>19630898
if i had to guess i'd say people stay at home with nothing to do are realizing this might last a while so they are upgrading their shit. Just a guess.

>>19630886
What are those girls doing with the gun?

>>19630765
Last time I checked Sweden had more than 10x the dead per capita compared to its neighbors and is now being specifically told by European countries opening their borders that Swedes will not be welcome. Sweden is also going through a rude awakening as they had assumed the number of asymptomatic infections would be way higher and that they would be approaching herd immunity (60%-80% infected population). Turns out less than 10% of the hardest hit hotspots were infected and that unlike their claims that covid was comparable in lethalite to the flu, it turns out covid is about 12x as lethal as the flu and spreads way faster.
The real reason behind the Swedish “strategy” is that they have blown all their money and then some on mass immigration. They can’t afford any sort of lockdowns and they couldn’t enforce it among the immigrants without starting riots they can’t control.

>>19630934
Figuring out best accessory combination.

BAKING!!!

IVR UP 5% HAHHAH. Fuck you naysayers

>>19630810
"failed to contain the virus"

First, that was never the intention of lockdown, it was to prevent hospitals from being overrun. Sweden failed to protect it's retirement homes, which account for 50% of the deaths in sweden from Corona.

You actually only need Sweden as an example to show that lockdown was not needed. Outliers exist, however, theres no fundamental reason to believe that Sweden is magical and somehow doesn't have rising deaths despite no lockdown.

Once again, you're under the presumption that lockdown works in a substantial manner. If you actually looked up for hard evidence of that being true, you won't find it.

>>19630940
It's a simple strategy.
Kill boomers so you don't have to pay them pension to afford paying for niggers' gibs

>>19630946
Invested 15,000GBP in IVR like a month ago. Hold me bros, I think I might be able to afford that Cybertruck after all.

finna bouta buy this SSL dip

>>19630950
>it turns out covid is about 12x as lethal as the flu and spreads way faster.

Imagine being this insane

See the chart >>19630949

It's a poomp boys
the economy is saved yet again

>>19630898
I soldoff most of mine today. Fuck.
I may have to buy it back higher now.

> AMD’s stock, up 22% this year, rose more than 6% on Tuesday to $56.39. The reason? The semiconductor company’s chips were selected by Nvidia for its next-generation artificial intelligence system, Cramer explained.
>“It is huge. Still, it’s Nvidia’s system, which is why that stock roared, too,” he said. “Artificial intelligence [has] no need for a tailwind.”
Also, Apple may be cutting Intel out of their phones, dealing another heavy blow to their competitors. Doesn't increase AMD's earninngs, but maybe it helps somehow by harming their biggest competitor?

https://www.cnbc.com/2020/06/09/cramer-urges-investors-to-be-wary-of-airline-and-cruise-stocks-buy-these-5-winners-instead.html

>>19630976
Dow going down :(

NEW

>>19630993
>>19630993
>>19630993
>>19630993
>>19630993

>>19630886
New leader coming up from way outside! Five Below Inc with +9%. I don't know what this company sells.

>>19630886
Blessed market day

>>19630882
Issue is not if you or I think it’s terrible but how the economy will fare and how markets will respond. The point is that my math is right, 1 million Americans under 65 will die and 3 million over 65. You don’t have math to dispute it, only invectives. Has the market realized this and priced it in, or are they slowpokes like you? Last time the crash came about a month after the math was clear that a best-worst case range had about 4 million dead at the worst end. Now the math is clear that we are at that worst end. How long will it take the market to understand basic math this time? The big players have obviously figured it out before me, just like the last crash, but the crash doesn’t come until it starts to dawn on retail bulls.

>>19630852
meme flu which is actually a cold kills the same people as regular flu
regular flu kills 600k (estimate) in a bad year, while meme flu isn't even close to that despite suicides and accidents while being meme flu positive are being counted (in Germany at least)
i have not taken it seriously at any point and am proven right day and day again

>>19631023
>if my math is right
Your math is wrong. Stay inside and cower forever if you're so afraid.

>>19630074
>It's the mentality that perplexes me.
Oh no I definitely agree with that just found it odd you were getting rather but it makes sense now considering I'm mad about them memeing a pick I never mentioned prior to the pump. They fomo'd in which makes a stock I went in hard that I think has potential look like a meme. Now with that the stock is likely at the mercy of weak hands dumping it to pre 4chan/reddit discovery and making it look like a scam OR it pumping back to former prices a lot sooner which would be a win for me as I intend to keep some shares for passive income.

>>19630968
My family is in Sweden, I’m very familiar with their chart, and since about a week their cases have gone from linear to resuming exponential growth, deaths usually lag these developments by one-two weeks. Sorry but Sweden will not turn out to be a comforting example. In fact, do you know what the man behind the Swedish strategy says? He says that oh, sure, of course Sweden is fucked, he’s not disputing that, he just points out that everyone else is fucked too since nobody can really afford lockdowns long enough to wait for a vaccine.
You have no idea what’s coming.

>>19631080
based megadoomer
how much money have you lost

>>19629630
Fed buys more. Soon fed owns 100% of companies and USA becomes communist

>>19630179
>starting lay offs
Lol paying employees that whole time and now laying them off!? I find it hard to believe.

>>19630228
What with the rioters causing havoc and not being stopped AND companies bending over to virtue signal I doubt most are gonna obey the government even if covid cases surge. May be the collapse of the usa in which case my stocks are pointless unless i cash out asap and quickly exchange it for anoher currency.

>>19630179
>>19631142
washington - amazon
california - silicon valley/apple

This is a tech takeover, and it's very hostile. Notice most of the protests are being spearheaded in tech heavy areas. I'm looking for new tech companies atm. I dont' think airlines will crash though, travel is going to dip and rise, tech is going to keep rising. USA isn't going to collapse it's just going to look a lot different, that being said I hope they can stop all this.

I'm worried about my REITs, but if they play this right they could come out like the airlines.

>>19631107
subsidised furlough in the eurozone is a thing.

>>19626351
is that real