/biz/ - Business & Finance

>>22144923
really cute girl

ANONS!!! Remember to buy Debit Call Spreads on TQQQ for easy gains this week!!!! TQQQ goes up every week, and they'll continue to do so until there's a crash, but even if that happens it's okay!! TQQQ always corrects itself soon, so remember to buy cheapies!!!

WE'RE ALL GOING TO MAKE IT ANONS!!!!!!

>>22145019
Heh obviously you don't know what a REAL woman looks like.

>>22145019
Overrated Cunny.

>>22145083
I mean, nobody is saying you have to buy these. And on red days they tank, as expected. The only reason people are interested in these is that SPY/QQQ are broad index funds that go up over time no matter what the market is like. Unless there's a dotcom bubble. Sure, QQQ looks scary overextended. And that's fine. If you expect a correction on that, just go with SPY instead.

I'm just saying, it's a lot easier to make money on these instead of chasing singular stock gains which are admittedly a lot FASTER and a lot BIGGER but also a bit more DANGEROUS because you're going in on a singular entity/company.

>>22145019
Buy AUY

>>22145147
Except AAPL, nothing bad can happen to it.

>>22145126
please stop.. spamming

>>22145175
I have to make sure my fellow anons make it!!!!!!

>>22145173
I'm still kind of shocked how great Apple has become without Steve Jobs.

Still not buying their overpriced garbage though.

so you all are shilling QQQ & SPY LEAPS pretty strongly. Assuming you have the money to buy some: what's the actual argument for getting one? Time decay doesn't hurt them as much? I'm looking at some SPY DEC 2020 370 call. It's got a premium of $3,700, and if SPY gets to 370 by Sept 26 the call is up 16%, which sounds good to me. The only downside to buying this is a) I'm typing up a lot of money and b) the market tanks, which we are assuming it won't by Sept 26. and another thing, who the fuck is selling this call?

>>22145182
...Wish FNGU had options...

>>22144923
built for BBC

All this after hours pump on GME is on such low volume compared to the rest of today. Practically guaranteed to dump hard at open tomorrow - great time to buy more if anyone is looking

Are things like TQQQ and FNGU going to essentially always go up as long as tech doesn't get fucked hard by some random thing like covid? I know TQQQ splits but what about FNGU? And why did I just find out about FNGD today

>>22145226
Algos, hedge funds, vega hedges, call credit spread sellers, debit call spread buyers, regular investors/traders (like you and me), whales selling calls and buying them back whenever there's a small drawdown, other investors selling them to you (since they bought they earlier, before you, and are now selling for a profit) etc.

The market and its participants are made up of many. It's never a 1 way street.

>BREAKING: President Trump orders federal government to defund New York City and 3 other cities where officials allowed “lawless” protests and cut police budgets amid rising violent crime

SHORT DEMOCRATIC CITIES! SHORT SHORT SHORT

>When you sell TSLA at the top so you can buy back at the bottom

Green futures

>>22145226
LEAPs are just a quicker, riskier version of invest and hold with an expiration day. Money can be along various vectors. If you buy a call consider that money gone (i.e., don't go all in)

Is there any Cannabis business that’s not completely tanking?

>>22145019
Looks like a faggot

the tech is too damn high, really not surprising we had a selloff today and wouldn't be surprised if it's the start of a correction. don't get greedy, everyone. stay safe, protect your capital.

wake me up when the bears try to cum

>>22145311
>killing it in the stock market
>niggers and soys BTFO

Love the Trump timeline desu

>>22145455
>selloff today
>nasdaq and all reliant indices green as fuck
>only tesla and apple down
can we get a real selloff please?

MORE PAIN TOMORROW. GET OUT OF TESLA

>>22145409
>quicker, riskier
Long-Term Equity
>If you buy a call consider that money gone
Exercise before expiration?

I don't quite follow, can you spoon feed me like the drooling retard I am?

What do know?

>>22145455
shit better crash before september 25

>>22145384

Feels good selling at $478 yesterday.

What's our buy in bros? $200?

>>22145425
Why are they tanking?

Is it a good time to buy?

>>22145409
>If you buy a call consider that money gone (i.e., don't go all in)
This is semi-true but the only point in time you would've lost money with a 24+ month LEAP on QQQ would be if you bought it at the top of the dot com bubble, but at that point anybody buying in blindly to the frenzy all-in without realizing that it was a bubble got burned hard and deserved to get burned.

Right now, we have none of that.

Is there going to be another sell off tomorrow morning? Thinking I'll get out when markets open and then wait for cheapies with my gains

Why is everyone panicking over inflation? The fed announced it wanted inflation BECAUSE the fed is worried about deflation. What /smg/ should be doing is hedging against deflation.

>>22145492
AMD was down too ;__;

Who is ready for Palantir?

>>22145510
If it goes under $400 Ill probably get back in.

>>22145425
>Is there any Cannabis business that’s not completely tanking?
Seeing this too. What's behind it?

>>22145226
What calls are you looking at? Those premiums are only like $1300, and also spy will probably be trading at 370 by October, go higher

>>22145519
they always say this
and they pump to prevent it, and the money winds its way into some new bubble
when has there been actual deflation in the last fifty years?

>President Trump orders federal government to defund New York City and 3 other cities where officials allowed “lawless” protests and cut police budgets amid rising violent crime

FUCKING BASED

>>22145519
They're thinking longer term. Inflation will happen, how much is anyone's guess.

>>22145557
>What's behind it?
You mean other than the fact it's the worlds worst business idea?

>>22145482
I know technically you're like thousands of years old but I still don't think you should be saying that

Russia can buy Apple stock on the exchange starting Sept 7th. So perhaps they want the stock at this level to entice more investors that day.. Let the buying spree commence kinda deal. Hey works for me, green is green no mater who buys it.

>>22145226
Exactly. It's weird as hell and I don't trust it

>>22145557
Your ol homie from high-school grows it better for less money

>>22145513
the majority of weedsmokers don't want high end luxury grade aeroponic purple smack they just want to get high and their dealer's mexican weed is cheaper

>>22145425
>Cannabis
bro it's not 2018 anymore. Irrc, aphria's the one that has its shit together and even then it'll only reach like ~600 million in annual revenue without actual profit every other quarter. That said, that's much better than all the other companies that have never had a single quarterly with profit.
For a 1.79 billion.

Like jumping into GME even without the short squeeze is actually a much better buy with those numbers. GME is at 6 billion revenue so far this year with a market cap of 500 million. The only problem is its future growth and direction were so uncertain, but now there's hype behind it because of a single activist.
I wouldn't long GME but you wouldn't be in danger with bagholding it even if the short squeeze failed.

if you are familiar with weedstock hype that started late 2017 then I'm sure you can recognize what's going on with GME right now

>>22145492
i guess the point is, it is likely to happen sooner rather than later. it's less that i want to short this and more that i want it to drop to a reasonable level that i can buy from again.

>>22145126
give me the spreads to buy right now

>>22145557
I’m guessing it’s more lucrative to sell weed illegally on the streets. The taxes on them are absolutely insane.

>>22145626
I disagree strongly with that assessment. Some of the top-tier medical grade stuff I've used it far, far superior to reggies. But I like to vape and use edibles which helps accentuate the differences between strains. Reggie would taste like shit in a vape.

>>22145425
I own some OGI, its been in decline since May of last year... But I think out of all the weed stocks it has the best chance of surviving and eventually turning a profit.

>>22145635
>For a 1.79 billion.
*For a 1.79 billion market cap company.

I still can't believe I jumped into weed stocks not knowing what the fuck DD was. ACB was basically my GNUS. I'm just glad I managed to break even at least.

>>22145653
I don't know how much you have, anon! Check the options chain and use a call spread calculator to visualize potential gains!

https://www.optionsprofitcalculator.com/calculator/long-call.html

>>22145226
LEAPs are usually 1+ years out and deep ITM

>>22145540
When is it coming out? Whats the price?

How much is this guy losing right now?

>>22145670
>Go to buy weed in Coachella
>It has a state excise tax
>It has a local sales tax
>It has a cultivation tax
No wonder California's going down the shitter.

>>22145752
Direct listing this month. No clue on price. Ya better get in though, I'm bullish data collection + gov't contracts

>>22145484
Based Watameposter

>>22145540
ready for palantir and thiel's other baby compass pathways. any idea when they will list?

>>22145777
>Leaf
>Shorting a stock
Fuck 'em

>>22145311
I've been trying to find any ETFs that focus on New York City real estate but it doesn't look like there are any. That shit was already a big bubble waiting to burst even long before COVID-and-Communists happened. I'd buy put options on that shit if I could.

>>22145582
Based. thank God i don't live in any of these liberal hellholes

>>22145540
This is basically cyberpunk dystopia: the beginning

was told to buy SILJ a bit ago and it's only tanking. should I buy even more into it or should I just cut my losses?

My biggest gains today, including aftermarket, are Raytheon and Gamestop

What a fucking clown market

What were the best milestones you’ve reached trading? My previous high was 19k and then I lost down to 12k then to 9k. Today I blew past 22k and it didn’t feel nearly as good as when I got to 19.

>>22145582
Extremely basado

>>22145837
>NYC, Washington, DC, Seattle, and Portland
Dodged

>>22145425
No, they are literally all shit, I own 2000 shares of APHA one of the better ones and I bought it when it dumped 25% after earnings a month ago and it's down 4.67% on me after I invested pulling for a reversal, it's not broken even yet I will sell all when it does. I'm down about 400 now

>>22145867
Junior miners move last in a bull market for commodities. Its a long hold if you want to keep it.

>>22145837
>74 years old
>been leading a country for almost 4 years
>still looks that good

>>22145882
i hit 70k total and was close to 30k on my main investing account, only for tesla to dump on my 9/4 call so now im back to mid 28ks

>>22145777
i feel like the main issue with trying to use TA on meme penny stocks is that TA only really works as a self-fulfilling prophecy or when tutes are involved with blue chip stocks. no one buying GME right now is looking at the TA everyone is playing the short squeeze right now. has nothing to do with price action, if anything the price action is gonna be real spiky soon.

>>22145837
1) Rich people are leaving, so less taxes there

2) Lots of unemployment, so less taxes there

3) No tourism, so less taxes there

Now Trump want to defund these Big Liberal Cities...

Oh boy, these big cities are fucked.

What are your favorite boomer stocks?

Anybody else watching WYY after hours? Might be a good play tomorrow.

>>22145799
>>22145540
>govt contracts
this is only good if your looking at 10-20 yrs down the road like RTX.

>>22145926
must be all of the well done steak with ketchup he eats.

>>22145926
No drugs and alcohol can do that for you. Shame that he eats absolute dogshit for his diet. Pic related is still my favorite photo of him though.

you bois think I should withdraw my 403k? CARES act waves the penalty and taxes are rolled over 3 years.

>>22145954

>>22145484
>>22145817
Hololive stock when?

Also how common is it for mutual funds/ETF's to do splits?

>>22145799
Its a party van/glow nigger government funded data mining operation...it's going to be a glorious gold mine.

Do we even know what the ticker name is???

>>22145943
>>DC
>>FUCKED

Nice try fag, it aint a city, it aint a state, it aint fucked.
The Fed Gubment pays taxes on all the land it uses.

>>22145954
KTOS for drone warfare, CARR for air conditioning and long global warming, RTX for CRABBING USELESSLY FOR FUCKING MONTHS

Is Apple a boomer stock? It's 43% of Buffet's portfolio so I'm inclined to say yes

>>22145973
unironically had that as my desktop wallpaper for a couple of months.

Hello Frens

I'm sick of the pajeet crypto scams and have decided to lurk here for a while, absorbing memes and info while watching youtube videos about options trading. You guys seem smart.

Thanks for reading my blog

>>22145943
Net flow of money is from big cities to shithole small towns. The defund cities movement has no teeth because of this outside fist pumping.

For one day at least, the market action seemed to imply that the craziness that had inhabited the Nasdaq had found its way to the rest of the market. "What we're seeing the first two days of September is FOMO spreading beyond the Nasdaq," says Julian Emanuel, chief equity and derivatives strategist at BTIG, referring to the fear of missing out.

Warning signs abound.

The VIX has gained 1.7% to 26.52, a sign that expected volatility is rising with the market. Usually volatility falls when the market rises. The CBOE Nasdaq-100 Volatility, or VXN, jumped 6.1% to 36.80. But that doesn't mean that the end has to come immediately, Emanuel says. "We have said for the last two weeks that the Nasdaq is in a blow-off phase. We don't know if it's the beginning, the middle or the end."

NatAlliance Securities' Brenner agrees. "This has gone a lot further than I thought it would," he says. "And it will correct more than I think it probably should."

Consider that a warning.

>>22145973
he didn't eat any of that

so is GME going to continue pumping through friday?

>>22146027
>And it will correct more than I think it probably should

>>22146045
through the holiday season i hope

>>22146013
based

>>22146001
>ticket name
nothing revealed yet

>>22146027
Another dip? Oh no

>>22145817
>>22145997

The closest to it is Bili Bili...hololive is still a well kept secret from the normie plebs...i don't know if I want for it to get crushed like Ai-chan did when she got bought by the chink firm

>>22145976
Nice cat man. Cool eyes

I'm buying TQQQ tomorrow

>>22146085
Anon...I...

>>22146066
>>22146075

>>22146070
what about my 9/4 calls baby

How far will tesla crash before I can buy back in?

so 5 million shorts today made about 150 million dollars on TSLA
LOL
>>22146045
GME might be doing a stock buyback which will recall shares. The clown rodeo is about to get clownier with GME. The short squeeze will be legendary. Either with height or duration, who can tell.

>>22146066
this scares me more than if i saw a sharks fin in the water but im not sure why

>>22146133
idk lol. probably though. still that's what you get for gambling short term shit. i just bought stock.

GIVE UP AND DIE DOLLAR DIE DIE DIE
AAAAAAAAAAAAHHHHHHH

>>22145605
Wtf is this real?

>>22145113
I've considered something like that before when I was less willing to go all in. Wouldve made like a 50% return on stock 1, and 15% on stock 2. Ended up making those returns but with only a small portion of my account. Funnilly enough it wasnt even leveraged.

>>22145136
Didnt know about that. Makes todays crash very suspicious. I have some Apple shares. Will probably avoid doing any covered calls on them for this and next week, not about to lose out on one of the stocks i went in.

>>22146171
Don't think it will move too much. Russians can already buy Apple even without this previously.

>>22146075
The more powerful you think you are, the stronger I become.
SELL THE PEAK
HIDE, DON'T BUY

This is going to be worse than the dot com bubble. Nasdaq will go to 100k before people realize the dollar is fucking worthless, nasdaq will go to 0 when 99% of the companies go bankrupt, ruined by inflation and crippling interest rates. But that could be years out.

>>22146171
Yes. The apple stock will be able to be bought on the Russia exchange.

>>22146219
Stagflation ruins stock markets like in Japan. Full on hyperinflation will just lead to a mooning stock market. Look at Zimbabwe.

What’s SHLL gonna get up to tomorrow?

>>22146214
NOT ON MY WATCH MOTHERFUCKER

>>22146214
A competitor steps forth.

Thx for the laff been having a crummy day for the most part.

>>22146214
You mean, Don't Hide, Buy!

Is there anything but speculation about the GME buyback?

>>22146219
Which is great, Fund holders get BTFO while AAPL remain as the one and only king.

>>22146219
I think it's coming tomorrow
The beginning will be shrugged off as a normal dip and people will hold far too long

>>22146219
So the trick, then, is to get in now and balloon your cash supply high enough to buy something solid like real estate before cash is worthless across the board and groceries are $500

>>22146302
>guys guys guys THIS TIME the market crashes tomorrow
yawn

>>22146154
it's prob more likely that liquidity is just to be ready to get as many consoles for the Christmas season. Either way, preorders would be massive.

i was gonna hoping this would be a very quick *massive* squeeze though. Are we really supposed to keep riding the wave until November? FUCK. i just know i'm gonna pull out too early.

what the fuck metric do I even use to get out? Increasing availability of shares to short? 30% short interest or lower?? Gosh I need to start reading on how margin calls work.

>>22146066
>that lack of polygons

>>22146335
VIX up
Dollar up
NASDAQ at the top of it's channel
Market jittery as fuck to begin with
Unemployment numbers

>>22146114
...redd't anime forum probably hates niggers and the nigger/jew culture...right?...right???

Hololive can't end before it begins by degrading the fan base, right???

I guess I'll buy Bili Bili after all. I'll wait till it drops more. It sky rocketed for no actual reason.

>>22145425
IIPR but they're a REIT that owns the greenhouses

>>22146362
>could the crash start tomorrow
yes
>will the crash start tomorrow
probably not

Will TQQQ touch $187.50 by Friday 9/4/2020?

I bought GME at $7.20 and sold at $7.46 after it bounced around today..

Why?
Why won't fidelity let me?

Do i have to have enough money for the premium ?

>>22146410
if I knew the answer to that question with certainty I'd be doing cocaine off a hooker's ass on my private yacht

Too lazy to go to the grocery store, too poor to eat out. Shredded cheese straight from the bag it is. At least it's Mexican blend. What a nice din-din

>>22146442

>>22145969
Fine by me, I've got time

>>22146424
I bought at $5.40 and got stopped out at $7, if you think we're just getting started buy back in tomorrow, split 50/50 between at the open and at 10am est

haha

>>22144923
What should I do with 14k tomorrow?

>>22146456
no tendies?

Wtf is RKT doing??

>>22146379
https://www.youtube.com/watch?v=ubiSjjn_woI

Might be cool.

>>22146442
you need to lie about everything and increase net worth, liquid net worth, and experience trading to the max. just lie

>>22146424
lol wat? I took my profit on ALL my other stocks today to buy GME at ~$7.50 today.
I'm not putting any stop losses until I hit my price target of AT LEAST $20. And even then I'll only sell in small chunks after that point.

>>22146519
Why?

>>22146503
msft

>>22146501
Elon is the only celebrity I enjoy, he's a modern Howard Hughes

>>22146512
going down

>>22146541
Based, thanks bro gonna look into it.

>>22146512
-8% after hours
DANGGGGGGGGG

>>22146402
I was actually seriously considering them

UUUHH

>>22146495
I've got no idea how deep the meme magics runs on this one - digits say kek is with us.
>>22146528
I don't know how realistic that target is.

>>22146519
I already entered all the shit once. They will see it again if I lie. I think i will just call them

>>22146501
Elon has the charisma of a fuckin toad I swear to God.

>>22146501
It blows my mind people are okay with software upgrades on your car that require literally no hardware changes. It just bothers me at such a fundamental level that I wouldn't buy a Tesla even if I thought they were the greatest car on Earth.

>>22146605
>I don't know how realistic that target is.
then you didn't actually do your DD

>>22146424
You’ll get a better trade in value for GTA IV than any ROI from GameStop

>>22146616
Idk man, seems alright to me.
Great business model

>>22146507
Ate them all. The hot sauce is gone too

>>22146605
This isn't magic, it's arithmetic. There's more shorts than there are public shares. There is an average of 15 days to cover. Earnings are on the 9th. I don't know if the buyback speculation hold any water, but $50, even $100 is on the table.

ah yes this looks perfectly reasonable and sustainable.

>>22146609
You think any human being will ever see it?

How do I profit off this please sirs

>>22146585
its an interesting play given that the cap rates they earn on their leases are high and they're all long term triple-net leases so minimal capex outlay from IIPR. They also trade at a stupid high premium to NAV so they've got an attractive cost of capital to just issue shares and buy stuff at NAV and have it be really accretive

problem is you need to get comfort with the credit behind those leases - ie how strong are the actual weed companies they've signed the leases with for the dispensaries and greenhouses they buy. If those tenants go bust, what kind of loss do they take on the space if they can't lease it to another cannabis operator and need to go a more traditional route? specialized assets like that are tough because if cannabis is the highest and best use, you get fucked on having to re-tenant with someone else. There's also the worries about what happens if/when the laws in the US change - right now it makes sense to have a greenhouse or dispensary in every state because you can't transport across state lines. If that changes, will there still be value in Ohio greenhouses if everyone can just import from the lowest cost producer?

>>22146669
yes it does

>>22146616
>upgrade your car to the newest 1.44 software patch and see the savings on gas come rolling in

>>22146631
Did you miss the memo?

Gamestop is a 10x, maybe way more. Think 2008 Volkswagen.

>>22146669
Two attempted corrections interrupted

>>22146663
youmakemesad.gif

Give me some shitty penny stocks with high volatility so I can test my algorithms please

>>22146016
Welcome new fren, good looks on doing proper research before diving in.

>>22146672
yeah but won't I get in trouble couldnt they just close my account?

>>22146665
The only problem I have is I have this suspicion that Gamestop is going to pull a Dean Foods and announce bankruptcy at earnings and a number of these shorters are big firms who have insider intel telling them this. Idk if true as it's just a suspicion.

>>22146720
GNUS?

>>22146674
this happened yesterday at LAX.

Now we know they can get a 200 lbs paylod on the approach path to any airport

>>22146669
We're at early 1999 at the worst

>>22146628
The Sept 4 put contracts are way down?
>>22146665
15 days from when the short volume was reported is...?

>>22146674
>FBI
OH! Now it's illegal to own a jet pack?

>>22146665
it blows my mind that people were still shorting gamestop *TODAY* (i mean i don't even know how they managed to find shares to borrow today) despite all this hype momentum.

feels good to be early in on a pump for once. Kinda hope this squeezes fast and hard enough because I don't actually want to be holding GME past September. I rather put the money back into TSM and other shit.

>>22146665
Excuse my retardation, but how can there be more shares short than there are shares that exist?

how do i get RH level 3 bros

>>22146590
What does it all mean?

>>22146728
They don't care they're only asking to cover their ass

>new fag
>worked my $1000 into $1100 to start the day
>sold everything and bought Tesla and Apple after a small dip
>crash
>lost all my gains this month

Bruh

>>22146739
They have more cash than debt. They can't be bankrupt.

>>22146169
NO WRONG WAY DIE DIE DIE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>22146674
Lmao its real

>>22146739
>announce bankruptcy at earnings and a number of these shorters are big firms who have insider intel telling them this. Idk if true as it's just a suspicion.
clearly you did not even look at GME's earnings report and balance sheet.
I love this fucking clown market, I just have to be smarter than 51% of the market to make bank.

>>22146669
>linear chart

linear chart is the #1 sign you're a brainlet.

>>22146793
the audio from ATC is fucking hilarious

>>22146782
You are like a little baby

>>22146778
Yes but why?

I can't lose money I don't use to buy right?

>>22146765
More shares are short than are publicly floated, but this doesn't count things like insider holdings and ETFs (I think, I'm not entirely clear what's "public float" and what isn't). From my understanding that's basically the number of shares available on the open market (which is a subset of all shares).

>>22146616
Eh but they’re making constant improvements and the car sales alone couldn’t find the research and dev they do, it’s incredible and they objectively are the greatest cars on earth. I know how you feel though because internet service providers do the same thing but way more Jewish and it boils my blood.

>>22146756
>OH! Now it's illegal to own a jet pack?
It is illegal to fly near an airport.

>>22146830
You could throw yourself in front of a train after writing a note blaming them for everything

What do you think SPY is going to be at tomorrow?

>>22146784
Hmm any source on this? Might consider doing buy calls on this.

>>22146669
The greatest bull market in history is happening now.

>>22146850
>>22146869
OR you could fly your jetpack into a JET

>>22146833
So basically what you're telling me is I can pay off my mortgage in the next 15 days with GME gainz?

>>22146786
heh

>>22146590
Yeah that ain't good.

>>22146869
Yes but ita not like I can go -700,000 like that kid who killed himself

I only have so much money I can use to buy and once it is bought thats the only money I can lose right?

>>22146892
In America Jet will fly into you!

>>22146410
no

>>22146826
>$30,000
>only up $1,274
I'm up about the same from $500. I if I had your account I would be at $200,000 by now...

>>22146674
I was just watching jet pack videos on youtube yesterday. The tech has gotten way better than it used to be. Much better air control.

>>22146932
can i get you to invest my 3K?
will pay you 10%

>>22146669
>not adjusted for inflation
NGMI

>>22146665
if it was so obvious, why aren't more people doing it then? seems to good to be true....

>>22146590
Game of chicken indeed. I may sell my positions on the first -2.5% red day we have.

>>22146921
Awesome. Collecting that sweet, sweet premi.

Does anyone have recommendations for free software that can chart trading data from a CSV file? I don't like E*trade's built in charts of my portfolio, and they have a "download CSV" option, but I'm not sure what to use it with.

Tesla to $1000 when it gets leaked that he was the one flying the Jet Pack.

>It is known

Whomever banked on Nvidia won big.

Not a single mention of AMZN. It’s about to blow.

>>22146833
What are the current put and call volumes for Sept 4 and Sept 11?

Guys I was looking at the jobs near me (east of Pittsburgh) cause my accounting job sucks ass. Anyway the pay here is actually very horrible. The crap jobs are so horribly low pay, that my gains today in the market ($4k). Well I would need to work for over a month and a half to just make that. Most jobs don't even pay $15 an hour.

>>22146793
What's his endgame though?

>>22146980
Yes....why?

Sold all my leveraged shit today, took $29k in profits. Still holding AAPL, SPY and TSLA. What should I buy tomorrow?

>>22147049
nvda

>>22145387
Not even nuclear winter could cause red futures at this point.

>futures

>>22146710
>Think 2008 Volkswagen.
wat, i thought we were getting more than 5x

>>22146250
im done buying ATH stonx

>>22147035
So you bought 2 contracts?

That is 2 contracts × 100 shares x 61 premium?

So that cost you ~12000?

>>22145837
1000 bucks they will call him a fascist, say its illegal, and challenge it in the 9th circuit court.

>>22147049
eman

>>22147133
4th district court
LES GO

Nasdaq futures down 0.07%

>>22147128
Yes that is correct. I’m going to get raped, but the thrill is worth it.

I don’t want to die in my cubicle, the only way for me to make it is these higher risk positions.

God gifted me with the Autism to not have feelings when I lose thousands.

>>22146528
tfw put 5k into RKT and only 1.5k into GME. shouldve known better as I got decent profits off GME for 3 days in a row

group thoughts on DKNG?

>>22147035
>he doesnt know

>>22147223

>>22145954
Disney and Coca Cola
Disney is now semi boomer because they have a streaming platform and shit

am i a dumb bear due for extinction? no bully plz :(

>>22146980
who the fuck buys Gamestop stock? It's stupid on face value, like shorting mortgage backed securities

oh yeah, michael burry holds 2.75M gamestop shares

>>22146874

>>22147287
Bears should be shorting the dollar, not the markets. The middle class will be bled dry to make green line go up.

>>22146616
The future is the destruction of ownership, get used to it pleb.

>>22147241
Holy fuck.

I like to gamble. But I don't think I have the stomach for options. Maybe ill play around with penny stock options and a few hundred....but thats my whole portfolio

>>22144923
short? puts?

>>22146932
What would you do over the next two days?

>>22147422
calls brother.. calls

>>22147242
it's always hard to buy something at the top, but i've missed out too many times on winners because i was too hesitant to buy at the top.
Winners are always at all time highs for a reason.

this time though, GME is unironically a safe hold even if the safe squeeze didn't work out. Looking more into the situation, its low stock price is not indicative of its financial situation at all and it's all just stock market bullshit (the shorts).

What I don't get is how the shorting bubble got THIS bad. I guess it was gonna keep going and going as long as there was no positive catalyst, but maaan it feels good to be on the other side this time. The bubble will POP but it will be a massive spike upwards for a moment. How unusual.

>>22147422

Well for starters, stop traveling in airplanes

>>22146771
go into your settings and change it

>>22147422
Its a 20% increase so if black employees make up 1% of their work force, they will make up 1.2%? Doesn't seem like a big deal any way you slice it.

Rural retard here, did some assessing of the damage, its not too bad, maximum 4-6k of parts if i wanna make it pretty again

All i have to say is TOYOTA is the greatest truck manufacturer on earth, 10 foot drop straight onto the roof barely dented it lol

and apple products can sit in a stream overnight and still work

>>22147422
ALERT ALERT
Do not touch that shit with a 100ft long stick.

Blacks being blacks aside, companies that pull diversity stunts like this are very dangerous to be invested in.

It shows an extreme lack of competence. Boeing has been going down the shitter for years now, this attempt at "being cool with da boyz" is just another shitshow.

>>22146782
also neefag:
gained over $1000 in profit in 1 month mostly on tsla and aapl. lost it all today on dumb trades

>>22147450
Basically GME is on secular decline which caused the initial short interest. Than Covid happened and that made even more people bet against it.

>>22147400

>>22147425
Snort a giant line of coke and then blindfold myself and click buttons on Robinhood until a trade executes

>>22146807
i mean ultimately this is still why i only put in some of the cash from my gains so far this year so worst case scenario it's just eating a bit into my profits. best case scenario i turn roughly 2.5k into 25k, it's a good risk to reward ratio at least. i'd hardly bet the farm on it though idk why people can't understand risk management and position sizing here.

How do you guys cope with missing out?

>>22147422
>hello, is this the janitorial department? yes, CEO here. we need you to hire two more black people.

>>22147461
One single Nigger can destroy an entire company.

I want to profit off oil's inevitable recovery. How far out should I buy calls oilchads?

>>22147461
Do you really want that margin of error to increase when it comes to airplanes?

>>22147450
Ryan Cohen said it's undervalued and a man named Cohen will never lie to you

>>22147450
what's your target price btw? currently i just have an order in for $49 (just under $50 basically), but otherwise just watching the price action each day. it's sorta just there in case there's some big spike or some retard market order or order in the extended hours market that might trigger it, you never know.

RKT bros got too cocky. Glad i closed my calls this morning for 100% gains :)

>>22147490
i mean i guess hindsight is 20/20 but i'd really like to know what the fuck these people were thiking shorting GME when short interest was so massive already. Even without Cohen, it was going to happen eventually since it's not like Gamestop was at risk of bankruptcy (this year at least). Cohen just made the spark happen sooner thanks to his Chewy hype.

you cant make this shit up

>had 9/11 350c SPY x 13
>sold them for 3.50 last week during nervous crabbing
>worth 8.50 today
I hate being unable to control myself.

>>22147490
Short interest was already 100% before covid. It used to be 60% until the company bought back half of their shares. Default doesn't always mean "broke as fuck". There were several additional bond covenants that included a default event but those were eliminated by the tender offer a few weeks ago.

How fucked is my Tesla 9/4 $500 call bros

>>22147515
BASED
>>22147461
Ah that is true thank god

Is it time to get back on that boat?

>>22147450
This is delusional. They are an absolute mess. More and more product is downloadable. They are basically the next blockbuster, and they are a terrible company to work for. Bad business model and bad work culture. They file chapter 11 within 5 years, maybe 3.

>>22147508
My mind is sharp and honed. I have a strategy and I stick to it.

>>22147524

You need to understand the difference between options and futures

>tfw you need to find a place to store 42,000 gallons of oil

>>22147555
didn't he invest millions of dollars? he has a lot more to lose from this going south than i do with my 300 shares.

>>22147622
We are fucked brother

>>22145954
JPM, PEP, CAT, UNP

I don't get it, how does Uber continue to operate when it's been reporting net losses in the billions for years?

>>22147524
1 year should do it. Next summer should see a ton of travel etc and get demand back up

>>22147474
>10 foot drop straight onto the roof barely dented it lol
I think most manufacturers need to have very strong roofs to prevent people from being crushed in rollovers these days. Automotive safety engineering is incredible stuff if you think about it; people can walk away from some incredibly harsh forces applied to the car.

>>22147629
Virus is too unpredictable, I can't do it. Why not just invest as it rises and avoid the risk?

Should I snort some speed? I'm bored.

hi

>>22147666
he bought a significant chunk of the entire company, 6.2 millions shares

>>22147644
I have an oil related stock I have my eye on

>>22147676
because theyre part of the globalist illuminati

people like elon just get money flooded to them to do whatever they want and you look like a genius no matter what you do and then you give out the mark of the beast in the forehead neauralink to destroy the souls of humanity forever

>>22145954
JNJ, PEP, MCD, T

>>22147629
Id buy airlines before cruises. DAL and LUV look pretty good

>>22147248
still too early

idk if I prefer tesla green or red after hours, last time it reached green in after hours it just drops

>>22147711
Dont forget big MO

>>22147532
The people who make the destructive decisions are overwhelming white males so its not even worth thinking about. Who outsourced parts of the MCAS software? Who knew about the issues and lack of pilot training but did nothing? Has everyone forgotten so quickly?

The schemers and destructive elements of a company like Boeing are at the top. And I've never seen non-whites at the top of defense companies.

>>22147711
Is T supposed to go up on vaccine news? or is it just for the divvies

>>22147696

Oil is going sideways for a long time. Oil stocks are dead money

>>22147737
I dont care what it does. I hope it drops to 250, and ibio moons so I can dump it and buy more tsla

>>22147629
Yeah you can and I did with Norwegian earlier (sold today, temporarily). More conservative entry would be break above and stay above green dotted line. I only sold norwegian because i'm both derisking portfolio and freeing up cash to move across to new broker. There was no sell signal on it. If the indexes drop, bote and plane will be among the first to be indiscriminately dumped.

>>22147718
Why double your money when you can triple it tho

>>22147767
Divvy stock that literally never moves. Im selling mine and getting STWD. If im gonna own a stock for the divvy, might as well get fucking 12%

>>22147803
>Why double your money when you can triple it tho
Why be greedy today when you can be rich tomorrow

>>22147695
exactly. he probably wouldn't do that without good reason as if this shits the bed he's gonna be out a lot of money, so i trust it. https://www.thestreet.com/investing/gamestop-gme-stock-investment-ryan-cohen-chewy

i mean, i still see it as high risk high reward but the risk:reward ratio is like 1:10 (maybe more but that's where i'd exit for sure) and im willing to lose the whole thing if necessary although i expect most llkely if it fell through i'd only lose half. so if it works great i make good money if it doesn't no big deal, that's how anons should play this i believe. and of course i don't do options so i can wait.

>>22147690
I'd snort her ass fumes, ngl

>>22147690
if you've done it less than ONE handful of times. sure. if you've done it more than that, you're a junkie buddy and you'll never make it

I'm holding tsla, ibio. Eman, and rlfrf . I literally have no idea what I'm doing?

>>22147422
its a red herring slight of hand move by boeing
theyre moving away from their seattle based operation (run by incompetent h1b hires and white liberals) to their other production facility in south carolina which has a higher black population workforce
this is something thats been in the works for years, and theyre just using the diversity narrative as an excuse to earn leftist brownie points

>>22147803
I think the cruiseline recovery will be much slower than airlines. People need to fly, they dont need to go on cruises. And 7 days stuck on a boat is scarier (lol) for covid than a couple hours on a plane

>>22147815
Look into IronFly strategies for stocks that stay relatively neutral.

>>22146008
DC is a city.

>>22147557
honestly I have no idea how to """predict""" the topside of a short interest >100%.
The other cases people bring up is Volkswagen which was 10x, and then APRN much more recently which was almost 7x for a couple days.
I'll only consider putting in stop losses *mentally* (trailing like -10% to -20% behind) after that point. I don't know if $100 is realistic (oh god i would cum hands-free probably) but I'll take some profits along the way to at least make sure I cover my principal cost.

where do I even get up-to-date statistics on short interest?
I'm using borrowing rate fees as a surrogate for now since I'm getting sort of up-to-date statistics on it
>https://iborrowdesk.com/report/GME

>>22147815
define "never moves". i've been looking for stocks i can apply mean reversion to reasonably, clearly tech isn't the right choice for that. i'd love to find something with some consistency for a change that's safe. also if true, any others like that? how did they perform during the covid crash?

>>22147850
Well okay.

I dont think I'm a junkie. I amhave a house and a car and a developer job and a dog and tsla and nio stocks.

>>22147852
sell that other shit and go all in on tesla what the fuck are you doing bro

>>22147690
whomst

>>22146720
RLFTF

>>22147557
>>22147897
but i should add that I don't believe either Volkswagen or APRN were >100% short of float. Hard to find more information and really what's the point, I'm already committed 100%. I just need to ride the wave and not pussy out prematurely (easy to do considering all of our average cost right now is now "low")

man i wonder if i should feel bad that im going to get rich purely because i'm ruining some shorter's bank account.

>>22147900
Look at the 1 month, it has been crabbing between 29 and 30 like clockwork. Then look at the 5 year, infinite crab 30-40 range. It just sits there and pays a divvy. I dont know others like this, but im sure they are out there

>nio
you almost had me fooled, junkie

I think I will liquidate my portfolio tomorrow except gold miners, seems like a good time.

>>22146001
So basically Facebook 2.0

I will just wait it out till the 2nd week of trading the IPO like RKT.

someone bake

what did unusual whales mean by this

>>22147897
>>22147955
might go up to 500 shares in all honesty. might as well give it a shot as i think considering all of the high risk things out there, this seems to have a decent shot at success considering the extreme nature of the short float vs. the underlying fundamentals of the business not being that bad (major investment coming in, positive change in management, highly anticipated new consoles as a catalyst, etc).

>>22147422
>Aug 28
Priced in.

>>22147887
any comments on the tax?

>>22145126
You were outed as a 20 year old

>>22147978
>I don't know others like this

fuck, any other anons able to help out on this? stocks like T? well, i at least got one to work with, i'll probably start a position tomorrow since it's around the low point. only going to buy dips with a long bias.

any clue if they have any upside in general in regards to potentially recovering from covid some day? also how good is their divvy if i just hodl?

>>22147916
Well tsla might be a bubble.

And nio and eman are fucking great.

And I bought rlftf at .24 , they are testing how effective it is to help treat patients with severe cases of covid.

Ibio I'm bagholding until 2.60

>>22148133
>going into REIT right now
Anon ...

>>22147287
no way im the only bear here

>>22148078
We're back to late 2015 again, if you're not riden with Biden you're gonna get witchhunted. Websites will calm down after the election, but social media will once again be a daily lolfest.

>>22147930
Idk i wish I did.

She reminds me if the type of girls I knew in boone. All slutty and slightly skater goth like that. But they were fun

>>22148191
twitter has always been a leftyfest

>friend who got me into stocks since 2018 (weed stocks) wants to buy into oil now after getting burned in June
my friend has been in the market since fucking May and they keep looking into cheap "stocks". I've been trying to convince them to stop chasing value picks and just trade through fundamentals (or with hype) and they've missed so many opportunities since May.

i still cannot convince them to change their ways and it boggles my mind. This is the friend who got me into stocks and they continue to be so stagnant and losing money (bagholding Bombardier and ACB to this day).
how the fuck do i help?

>>22148156
AT&T is a real estate investment trust?

>>22148079
>might go up to 500 shares in all honesty
that's ridiculous and i hope you're right
and i hope i don't pull out prematurely

>>22148214
Tell him to look into eman and rlftf if he wants spec plays.

Otherwise just buy tsla and appl

>>22146793
Yep it's still 2020 in here

>>22148214
you can't, they're gamblers. i have a coworker who plays penny stocks and wound up taking the 80k he made off of them and dumping it all into ADXS at $1.09.

look how that turned out. go ahead, look it up. he's still bagholding btw.

>>22148122
Yeah, and?

>>22148247
assume the downside is 50% of whatever you put in. that's how im approaching it. im not gonna get rich or anything but something like $30k would be pretty fucking sweet for doing nothing but waiting.

>snort speed
>it starts familiar burn feeling
>50 seconds later I sneeze and nose starts running

God fucking damnit. Now its not going to work as well time to suck back all the drip

>>22148156
honestly if tech pops short-term, REITs will be safe since the housing bubble is something else entirely.
You can at least bet they won't go down any lower than they already are, and some of them still give ~9% dividends with sustainable payout ratios so you beat inflation.
I've long taken my tiny +10% profits on REITs though to follow the tech pumps. REITs just crab forever

>>22148315
>>22148315

Do you think QCOM is gonna rise with apple since they're the ones supplying them with their 5g chips?

>>22148014
Whats wrong with nio. I bought in at 9. I wish i went all in.

But 'muh diversify"

Only bad decisions I've made so far is not selling ibio at top. Not selling mark at top. Buying ntec at all.

Sold ntec and mark for loss, averaged down ibio to 2.65

Hopefully it does something

>>22148341
>REITs
>commercial real estate crisis looming
>malls gutted
>stores closed
>giant corps literally closing down multimillion dollar offices to save costs (see shopify, pinterest)

Unless its residential REIT (is that even a thing or do they all have mixed RE holdings?) isn't it hella risky

>>22148209