/biz/ - Business & Finance

First for NAK

I've spent way too much time on this board. I decided to just start DCA'ing into VOO and stop worrying. Odds are that I'll do pretty well over the next few years.

What options should i buy to recoup my -$2700 from friday?

Shill me on the MSFT JEDI thing.
Dotted line isn't signed yet.

>>22251682
Kneepads

>>22251601
Boomer Uprising!

Damn I hate this. Many choices. Many ways to fuck it up. Just a bit over 2 years before I hit 40. So there's a deadline. Just 24000 away from 100,000. So close.. I refuse to turn 40 without 100,000 in my hands..

How to hedge against tech crashing

>>22251682
Cute thigh-highs

>>22251748
What have you been doing your whole life lol

>whole weekend of reading twitter TSLA "investors" be buttravaged by SP not including them
That is a nothingburger except for a "bigger sucker rally" like TSLA has been since March.

Haha poop.

>>22251770
I wish TQQQ didn't have a bunch of MuskCoin weighing it down. NVDA and MSFT are going places and AAPL will recover as it always does.

>>22251770
TSLA getting shot down should just stabilize the market. The bubble has definitely been deflated enough to keep us safe for a while.

Peter Schiff is right

please someone redpill me on how GME's Q2 earnings will go poorly and not lead to a squeeze
please redpill me on how short sellers can defuse a 100% short interest without the infinite short squeeze we want.

I need to stop myself from gambling more than a few $k because I get the feeling this shit can't be that easy. There must be a catch. Like can short sellers keep this status quo until Gamestop eventually files for bankruptcy in 5 years or something?

>>22251854
It’s squeezing bitch. Hop onboard

>>22251854
If you gamble like $5k you're potentially on a $50k train and your max downside is probably $4k

>>22251854
the way i see it, the holiday season with the new consoles is supposed to do it. if we get to, say, february and it hasn't done anything i'd probably just exit. even if it somehow didn't do anything it probably wouldn't crater or anything like that, you might even come out with a small profit.

>>22251884
>>22251907
I'll gamble a few thousand since i've read through the DD and the financials and I can recover if worst case happen, but the fact that the stocktwits page is all so bullish is fucking scaring me. There must be something I'm forgetting to consider.

that shit is the only thing stopping me from gambling 5 figures instead of 4 figures. I don't feel comfortable betting together with the stocktwits retards. They're all fucking bullish.

https://cbsaustin.com/news/local/multiple-boats-in-distress-sinking-at-trump-boat-parade-on-lake-travis
>make america sink again

>>22251818
so what you're saying is, buy the dip?

Learn covered calls.

Auy?

>>22251682
Just start buying VOO or some other S&P 500 ETF. Stop speculating and build wealth.

>>22252049
This rally isn't going to fuel itself. GIVE ME YOUR PURCHASING POWER RIGHT THE FUCK NOW

>>22252008
>There must be something I'm forgetting to consider.
It's 2020, all the senior Gamestop management and big investors could all die together in a freak accident tomorrow and I wouldn't even be surprised

But on the flip side, it's 2020, if Gamestop was ever going to be (briefly) the most valuable company in the world, this is the year

>>22252008
StockTwits has no impact up or down to the share price. I can’t see how it doesn’t squeeze with the ER boosted by slb proceeds and the coinciding ps5 announcement. I’m in for $200k in otm calls but I could end up being wrong

>>22251974
>if we get to, say, february and it hasn't done anything i'd probably just exit. even if it somehow didn't do anything it probably wouldn't crater or anything like that, you might even come out with a small profit.
i guess. I'm even starting to get convinced that longing GME is even reasonable from this price after hearing about Cohen's experience with CHWY, but that's a big "if" on Cohen's role as an activist.

I've always had this impression Gamestop was going to die soon, but theor financials alone tell a different story, and frankly I'm surprised at why I had those assumptions in the first place. I mean the stores I go to still get busy as fuck, and it is true that there's no other brand besides Gamestop that has this kind of identity in vidya retail.

>>22252136
>$200k of OTM calls
jesus fucking christ my dude how much of your portfolio is that

I'm rocking like, 100 shares.

Is the TD Ameritrade app any good or should I just stick to robinhood?

>>22252170
I’m fucking convinced I’m right. Disregarding the short squeeze, GME is the most fundamentally undervalued stock in the market right now

>>22252152
the big selling points to me are Cohen, the shakeup of management, trying to create a "new vision" for the company going forward instead of just stagnating, and most of all the lack of debt issues. theoretically they are going to try to be adapting and trying to change for the better, so there's certainly hope there.

someone should make a thread about it with the DD on WSB if they haven't already. the more retards we get in on this the better.

>>22252220
There’s a Seeking Alpha article I believe

hodl $GME through Wednesday or sell on earnings hype and buy back in?

>>22252174
Tos is him the best

i wish /sci/ housed /smg/...

What do you guys prefer for LEAPS? Deep ITM, ATM, slightly OTM (5-10%)? I myself prefer 10% OTM just for a slightly better upside if my predictions hold true.

>>22252136
>I’m in for $200k in otm calls but I could end up being wrong
Shit, I guess I'd regret not going in as deep as I can afford to risk . Nothing crazy like yours but I could probably risk $10K and can obviously recover from -50% in the worst case scenario.
Too bad i'm just a wageslave and don't have a really big capital to have really taken advantage of this squeeze if it does end up a moonshot.

fuck it. I've spent too many hours reading the DD on this shit that I'll regret not doing the most I can afford to. Medium risk, super high potential returns, this has got to be a no-brainer.

>>22252271
portfolio margin is better

>>22252174
the local crack dealer is a better broker than robinhood, how the fuck is this even a question anymore since $0 fees for the big boys since october of last year?

>>22252271
i like them full retard

>>22252299
The only thing that worries me is how obvious it is.

I’m convinced it goes $100+ for a day before coming back down to Earth

Going all in on tesla puts Tuesday

Am I dumb

Funny, I made more when I was pissed in one go than I've done by holding these past few months. I lost a wad on ONTX early this year. I dumped what I had left on some fast moving penny stock on a whim and made it all back. I've made more by just saying "fuck it" in other words.

>>22251601
From the thumbnail, I thought her helmet was her big tiddies.

>>22252220
>the more retards we get in on this the better.
it's ridiculous, the more people FOMO into it like me, the better the chances it will actually work. I'd fucking laugh all day if this works out and all of /smg/ gets rich as fuck.

just shares though, can't even do options in my account. I'd probably fuck up anyways on expiry and on picking the most efficient strikes too.

Grug bored.
Line no move.
Gib dopamine.

>>22252357
I'm using KBIO as a reference, and if GME's short interest is really still close to 100%, then we're going to have at least a week to cash out. Might not be able to hit the peak perfectly, but a stable 60%-70% of that peak is still massive.

seems like the goal is to be patient, worse to sell too early than to sell late.

Nigga be like: "Buy the dip. This is a once in a generation opportunity. BUY. THE. DIP."

:laughingcryingface: :100: :gun: :moneywithwings: :bank:

>>22252049
youre not the tranny auy poster

/biz/ check out my story and tell me what you think of my plan

So a few weeks ago I started looking into investing, never knew /smg/ exited thought this place was all coin shit. Anyway, I did a lot of dumb meme shit based off of emotion like bought AAPL for the split TQQQ @156 and sold during the drop yesterday.

I am down about 9k, with a remaining 37k, and 40 shares in AAPL bought at 123. I am thinking of holding AAPL, maybe buying another 60 shares so I can sell covered calls. I'll invest 20k into VOO because obviously leveraged ETFs are too scary for my bitch ass. I'll have about 6k left over to put back into my savings account lol... thoughts?

>inb4 retard, ngmi, etc.
I know I fucked up but I've learned and will continue to learn and focus on my career rather than trying to time a clown market.

>>22252399
Unironically put some funny money into crypto for your weekend dopamine line fix

>>22252049
Supply issues, not monetary inflation.

>>22252476
jesus dude..

>>22252257
Market crashed and gme stayed strong. Hold. Too high chance of missing the pump.
This is no earnings hype btw. This is buyout hype.

bros Im thinking of dcaing into Nikola and SHLL. anyone have any inkling as to why this might be a bad idea?

>>22252216
i wish i had the balls to do that with TSLA and AAPL pre-split, because i was 100% confident that it would print money to some degree. and it did, and i made good money on $30k worth of stock split between them, but imagine if i had the balls to use leverage.

that said, i like you. im gonna increase my 300 shares to 600 shares on tuesday. hopefully it dips a bit for me lol. mainly because i want to sell half if it doubles and then i can gamble for free on the rest and try for that 10x but be safe just in case.

>>22252357
APRN as another reference, a bit more extreme.
What I can't find easily is what the short interest was on KBIO and APRN relative to the remaining float. I dunno enough about this squeeze shenanigans to know if it's safe to assume it'd be good to take most of your profits on the 3rd or 4th day.

>>22252545
TSLA slow bubble pop is going to drag down all the EV meme boats that rose with it. Legacy OEMs took a while but they are getting into the EV game and about to pound TSLA boipussi

>>22252582
yeah but I feel like all the dumb money is in tesla, shll faired well at the dump this week, nikola was just alright

>>22252569
I’m trying to figure that out myself

>>22251748
I'm 37 and worth over $600k what the fuck dude? If I can do it anyone can.

>>22252641
SHLL is at least in a (niche) market at the moment. Everything about NKLA feels like TSLA 2.0 but without an ocean of memes about a dipshit charismatic frontman for tech dudebros.

>>22252398
i wouldn't really call this FOMO, nothing big has happened yet. FOMO would be like if it went to 20 and you bought.

>>22252399
here have a story, grug.

>>22252567
>try for that 10x but be safe just in case.
call me delusional but I'm hoping for $100+.
$50 is just what GME would be fairly valued at if it wasn't on a decline the last 2 years due to retard management. Just stop the decline and suddenly that 8 billion annual revenue looks enticing as fuck.

also where is Reggie and why haven't we heard about him doing anything with Gamestop yet?

>>22252686
yeah my only issue with SHLL is buying into ATH

>>22252750
I assumed he was just going to be a figurehead. Put him in an announcement video or two and he collects a steady paycheck for lending them his meme power

Is tsm expected to go down Tuesday or up bigly?

>>22252464
what are your positions I want to inverse them

>>22251676
>VOO not SPXL

>>22251601
Does Intel seem like the best bargain in stocks right now to anyone else? Seems like the Pandemic price was 47, only 3 dollars away from current price, meaning probably only a 6% loss possible from this level. If Intel gets its shit together on chips it can definitely get within spitting distance of AMD share price, maybe INTC 80, AMD 110 or something like that. Also it has a decent for tech dividend of about 2.5% yearly.

>>22252693
Just be careful they have earnings on Wednesday could be a huge crash too...

>>22252534
>This is buyout hype.
yeah... i'm sure the 100% short interest and next gen console release has NOTHING to do with it

Are you guys actually going to convince me to gamble on fucking Gamestop?
If the earnings report comes out next week, I'd have to sell some of my 'safe' VOO investment to be able to buy before Wednesday...

Is GME still worth buying into?

>>22252863
its 115% now

>>22252247
yep those were interesting to read through. That's what I've been going through all day along with other sources. Seekingalpha being decent for once.
>https://seekingalpha.com/article/4372597-gamestop-short-squeeze-part-iii-atop-caldera

This guy's views on the bears were interesting in this one too
>https://seekingalpha.com/article/4372597-gamestop-short-squeeze-part-iii-atop-caldera
A lot of the other DD are paywalled but whatever, I'm pretty convinced on this gamble at this point.

>>22252862
i have like $2.3k in this shit dude i could lose the whole thing and give 0 fucks, relax. even if i double that tuesday i still would give 0 fucks if the just immediately went out of business.

>>22252877
Yes, the Great September Crash put a temporary stop to the Gamestop train, it's gonna be at $7ish until we stop crashing

The moon mission

>>22252464
How do I short this post

>>22252863
Shorts aren't covering so far therefore this can't be it and console release is a gradually approaching event which should manifest itself as a gradually rising chart, but it's only going up since Cohen is buying and resulted in a pop after Cohen's report. Ergo it's Cohen hype.

>>22252893
how is that even possible??? like wtf.. i want some fucking answers.. i mean at first they were buying back shares but who the fuck would keep shorting?? how could they? who let them?

>>22252260
>/scimg/
>How high should my IQ be to make it?

>>22252075
I already have those and have made +50% on them. I just want my lost money back

>>22252260
I wish 8ch would house smg but that's life...
How could you even contribute to a /simg/?
What skills do you have?

>>22252973
I think it went up because Cohen's purchase reduced the publicly available float significantly

>>22252965
>Shorts aren't covering so far therefore this can't be it
are you saying big money isn't slowly playing with it until the shorts fold? there will be a breaking point....

>>22252807
I guess it makes more sense to bide their time and have Reggie do that closer to the console releases. Just odd that we've heard nothing about Reggie since the initial news.

>>22252877
the way I see it, you buy at current prices, what's the worst that can happen? Go back to $4? During a season with a double console release, a potential revival with management, a gaming boon thanks to corona, plenty of liquidity especially with CARES act freeing up a ton of cash for them since their ~1 billion loss between 2018-2019 can now be used to recover paid taxes as far as 2013?

Just with shares alone, there's not much downside yet almost as much upside like options on traditional picks.

I mean I don't care if GME hits 30, I'd be happy with just 20 per. Long as I made 24,000 on the deal I could care less what happened after I sold.

>>22252271
I go for deep ITM with at delta at least 80. Reason being I'm looking for stock with leverage replacement which means I don't want to subject to the market's whims of implied volatility and I don't want to lose premium to theta. The more intrinsic value and less time value I get as a percentage of premium the better. I might even go delta 90 if the liquidity is there

>>22251587
> Samsung is struggling to get volume production on 5nm. Not only are their customers getting mad at them for not fulfilling their orders (see Qualcomm), Samsung must be burning so much money to do it anyways with their shitty yields.
I believe Intel was the firm that was failing to keep up with Qualcomm's needs.

>>22252979
just imagine the quality of discussion. we'd be trading memes for mathematical analysis. and still lose just as much but learn more along the way

>>22253038
I'm not sure what that is supposed to mean.
Short interest and S3 data clearly shows that shorts haven't covered anything so far.

>>22251691
it's pretty much signed unless amzn finds all of the DoD conspired against them somehow. Think it's a hail mary by bezos to get dems to intervene but that would involve removing all the DoD behind the process.

>>22252973
i'm assuming it's the retarded loophole where a short seller sells to other short sellers, or something like that.
Gamestop had a massive share buyback in 2019 too.

Another share buyback alone could squeeze shorts already, never mind if they do another vote which would make shorts cover unconditionally if the original shareholders want to vote. On top of all the other hype incoming.

>>22253026
im a masters student in mechanical engineering. id be more inclined for actual discussion over AAAAAAA posting and just spouting momentum news; but, the latter is fun i won't lie

>>22253179
Are you the laplace guy?

>>22253040
>what's the worst that can happen? Go back to $4
yeah but if you put in 10k now at nearly $8 that would essentially be a 5k loss

>>22252476
Go all in on AAPL LEAPS and sell covered calls on those. You'll make it

>>22253179
this is more or less why weekend /smg/ is the best. we can actually have real discussions here. sometimes during the week when the markets closed too.

during open market hours though, forget about it. it's literally stocktwits-tier reacting.

I'm hoping Apple does a share buyback again after they rake in profits from the new iphone. Send that stock price back to 300 per.

>>22253201
look at gamestop's financials right now and ask yourself why it would go back to $4, especially in the same year that consoles were sold out in a lot of place and animal crossing sold over 20 million copies within several months.

I'm putting some money on Tuesday and I'd rather FOMO in at whatever price is at opening than try to time a dip. What you should be worried about is, if it does moon, your timing on selling is going to be much more critical (see KBIO and APRN)

So it looks like the dumping will continue on Tuesday, if bitcoin is any indication.

>>22253129
it means theres a price point that major shorts will start to cover until then it'll be played with building it up to that cover point... imo...

>>22253303
>same year that consoles were sold out in a lot of place
Thats true... I actually bought a switch from gamestop this year while we were trapped inside

>>22253303
>What you should be worried about is, if it does moon, your timing on selling is going to be much more critica
Would some kind of Sell limit help this? i.e. $20 or something

>>22252731
..To be continued

>>22253129
>Short interest and S3 data clearly shows that shorts haven't covered anything so far.
uh do you mind sharing some data
All the info I can access free online are outdated or very limited. Like is there a way to find out what price point that the current short sellers will start to feel the pressure of margin calls?

depositing $4000 into RH wednesday. going all in with max margin on calls. it's time

Is the lack of bobos and rats is concerning anyone else?

>>22253398
I wish you luck Anon, what are you calling?

>>22253398
no u

>>22253342
Definitely do limits but look at how massive the differences are between each day >>22252569
>>22252451 for KBIO and APRN. You don't want to be putting a sell limit prematurely until you're sure the volume has peaked.

For APRN it was the 3rd day, but look at KBIO, first 3 days were a +100% moon then the next 3 days was when the real squeeze happened all the way to $50 when the stock was at its lowest at ~$0.40 in the same month.

now how do we predict how Gamestop will squeeze with a 100% short interest? Is $50 our peak? Or should we be considering as high as $250?

>>22253354
Since shortsight refused to take my card I have to rely on my personell(TM) dealer.
>Like is there a way to find out what price point that the current short sellers will start to feel the pressure of margin calls?
Yes. I'd suggest asking shortsight's pr guy @ihors3 on twitter but he hasn't been online for a while. I hope he's alive.

>>22253481
This anime is a huge shitpost and I can't stop watching it.

>>22253478
long dated $SPY <5% OTM. Small hedge with ITM $SPYp and $VXXc

>>22253513
Seems like he's back online again.

>>22252464
Over 9000 hours in GIMP.

>>22253486
>Is $50 our peak? Or should we be considering as high as $250?
That sounds pretty far fetched

However, reading up on Ryan Cohen he seems very intelligent and has probably done more DD than any of us on GME

Not to mention Michael Burry's stake...

>>22253544
>anime is a huge shitpost
Agree.

>>22253544
is it fun?

>Crypto market is blood red
Tuesday is going to be hellish

>>22251757
Bump

Good time to jump into SQQQ on Tuesday? Surely it’s only uphill from here

>>22253605
I felt stupid not buying the dip Friday but I'm pretty sure shit is gonna be fucked Tuesday, good time for cheapies

>>22253627
>Surely it’s only uphill from here
can't tell if you mean TQQQ or if your are being ironic

>>22253605
wtf does crypto have to do with stocks?

I am mentally disabled

>>22253605
They're liquidating crypto to buy the dip.

>>22253548
>SPY
Nice Anon, guaranteed profit

>>22253559
>That 2030 crash

>>22253707
Me too thanks.

>>22253705
Crypto and stocks are both loosely inversely correlated to the dollar. Crypto has been following or leading the market sort of since 2017

>>22253730
TSLA is the Pets.com of our generation.

>>22253707
Who isn't?

Give me 1 reason not to dump everything I own in VTSAX

>>22253771

>>22253571
>Not to mention Michael Burry's stake...
don't count on Burry to hold his shares. I'm pretty sure he's in it for the massive squeeze play too, he's been telling gamestop to keep doing share buybacks for awhile to fuel the squeeze.
>https://www.barrons.com/articles/gamestop-stock-big-short-investor-michael-burry-lowers-stake-51588800981
he lowered his stake and he doesn't have to disclose any more of his moves, probably so he can dump on the peak of the squeeze quietly.

>>22253805
None of those shit metrics actually matter besides maybe range and seating.

>>22253805
Ahh yes, the TSLA Vaperster

>>22253805
Thank you for demonstrating your high IQ anon.

>>22253805
remind me when production for the testlacle roadster begins?

>>22253681
Even if we don't see a bigger drop than this past week, we're still going to re-test some lows before recovering. There Will be another chance to buy the dip. I just wouldn't buy into leveraged ETFs quite yet unless you are day trading.

>>22253705
Like the other anon said, crypto and stocks are actually pretty strongly correlated with each other. BTC and ETH follow the same moves as the indices and shutcoins follow BTC and ETH.

>>22253713
I genuinely don't think this is the case. Market movers in crypto don't cash out for tax purposes, if they "cash out" it's in stable currencies like USDt or USDc. Note that gold and silver don't perform well during market corrections either.

>>22253830
Shit. Burry being in this thing was the only thing that made me reasonably confident about GME. Now I'm just afraid of missing out on selling my shares at the peak

>>22253805
is this more vaporware or does this actually exist? i don't bother following elon's hype anymore but usually when i see something too good to be true, it is.

>>22253859
Women buy cars that can go from 0-60 fast so they can merge on the highway easier, srs

>>22253771
>my parents no someone who blew their brains out because of the DotCom crash
>all those Zoomers, Millenials, and Xtards who will end it all when their portfolio dries up

>>22253805
>1.9s 0-60mph
Is that with or without the cold gas thrusters option?

Which 3 tech stocks should I buy Tuesday?

>>22251601
What’s the consensus on Palantir? Will they ever make a profit? Will the market care?

>>22253961
APPL
MSFT
TQQQ

>>22253961
ZM
DOCU
FSLY

Choose your falling knives wisely

>>22253398
Yeah...I'm thinking this is the top, boys. Pull out.

>>22253982
Nah, someone will drop it in a extended scene for no real reason and no one will ever mention it again.

>>22253961
GME
GME
GME

>>22253940
Based.

>>22253805
I didn’t know the roadster was that cheap

>>22253961
>tech stocks
>this Tuesday

>>22253923
bro it's gonna be really fucking obvious if a massive short squeeze happens. If you sell too late you'll still be up MASSIVELY. APRN gave people a whole month to take their profits.

but let's not count our eggs before it hatches, the first hurdle is getting a short squeeze rolling in the first place.

>>22254071
>because everyone saying stocks only go up
lol

>>22253923
Probably best to never hold something because a celebrity trader is in it. Especially an actually talented trader like Burry or Ackman. They'll already have sold and forgotten about it before you ever finally decided to pull the trigger

>>22254060
>>22253995
>>22253986
Thoughts on Nvidia?

>>22252357
In that case screw buying stocks
Why risk over 1k buying stocks and be a bag holder for months till you break even or GameStop is failing for bankruptcy
When I can buy some otm calls and make more money by paying less but risking 100 percent lose instead

When COVID is over, TSLA is churning out preorder deliveries, every house has a solar roof and battery pack, Democrats control Congress and the White House, we have a Green New Deal, and gasoline is declared illegal, TSLA will be a multi-trillion-dollar company next to AAPL and AMZN.

>loaded up on TQQQ on Friday at noon

crypto markets don't fuck with me

>>22253179
You think because you pay money for a piece of paper that says you are smart that means you are a real trader or what lol

>>22254223
Musk will have no stake in TSLA in 4 years. Bet money on it.

>>22253713
buy the dip everyone!
puh puhlease buy the dip!

i just need AMD to do another one of those spike ups in the first 5 minutes so i can sell half my shares at break-even.

then go ahead and drop i'll buy more cheapies no problem.

>>22254169

>>22254204
I've done too poorly to give advice.

But I bought 1 NVDA thursday, and if it dips again like it did on friday, I'll be buying 2-5 more.

>>22254204
if my GME play works out, I'm picking all TSM/AMD/NVIDIA for my tech/semiconductors exposure. Dont wanna touch SOXX, not confident on the rest of semiconductors at all.

>>22253830
I mean if you're planning to hold long that's bad news but if you're in it for the squeeze it's confirmation, right?

The Big Short 2: The Big Squeeze when?

everyone says stocks will dump again tuesday, but we're also supposed to do the opposite of what /biz/ says, so stocks obviously will have a bumper week.

>>22254456
>>22254375
>>22253830
Theyre just saying he lowered his shares, but not by how much? Plus, that was back in MAY before Ryan Cohen entered

When would this hypothetical short squeeze happen anyway?

>>22254500
SNIB SNAB

>>22254527
Hopefully starting next week

>>22252493
>Supply issues
From a warehouse supply worker, there are no supply issues.

>>22254337
Wat

>>22254223
>The average tsla gimp believes this

Super bearish signal

>>22254544

>>22254500
most were laughing at the bears last week, and they are still all thinking line will go up on tues.

>>22254456
i don't think really matters for long either, honestly im convinced Burry was always just in it for the short seller bubble especially since anyone who bothered to look into Gamestop's financials will realize they were never at risk of bankruptcy. Burry wouldn't have really added to future prospects, but he's definitely contributed to the squeeze play at least. If even we can see the squeeze play, he's not pulling out either until the peak.

i still find it hilarious that a retard bubble's gonna pop soon on Gamestop, but the result is good for us.

I love the animays bros
but I kind of hate everything else

Also I bought BILI and kinda got a little fucked

"It takes absolute commitment, dedication, belief and discipline on a daily basis to make it happen. Follow trough each day and take control of your financial destiny."
- Paul Tudor Jones

@Tesla
@ElonMusk

>>22254652
it poomps or you get biden passing a convoluted tax and ecologic regulatory scheme that makes no sense and just costs everyone money.

everybody wants the poomp to continue until dems demonstrate less incompetence than they've campaigned on the last 5 years.

>>22254527
I'm hoping it's with Q2 next week. I don't wanna have to wait until Q3 when the shit with proven fundamentals might have rebounded hard from this dip by then.

Definitely pull out before December unless Cohen or other management proves to be revolutionary with GME just as he was with CHWY.

>>22254715
>forgot Pic unrelated

>>22253805

I wonder how much I'm going to make monday off all the calls I bought during the dip. It was free money. Did pussy sell a few before close but I think I might get triple value.

>>22254725
I like the second pic
"See this shit. You fucked up."

>>22254795
I think monday's just gonna be a crab day lel

>>22254786
based as fuck

>>22254795
Trump gave traders the day off on Monday. Trading doesn't start until Tuesday next week. Seriously, look it up

>>22253805

Do either of these come in a manual transmission?

>>22254795
>>22254862
market is closed monday bros

>>22254729
>Dems
>Less incompetence
The sun will implode first

>>22254876
probably both use soi shifters

I've got my finger ready to buy Gamestop stocks but its fucken Gamestop and I keep having BlockBuster flashbacks

>>22254729
>until dems demonstrate less incompetence than they've campaigned on the last 5 years

I just put $2000 into GME don’t fail be!

>>22254971
on the weekend?

>>22254936
The difference is Gamestop can sell games online Blockbuster wasn't selling but renting products. I mean it is still fucking Gamestop but it is not apples to apples.

>>22254995
On monday :^)

>>22254995
Rather, I queued my order.

Wait, WAIT

People aren’t ironically buying GME stocks right?
Did they switch management? Do they have a stronger online presence? You realize all other retailers do trade ins now right? They even give you a bunch extra free shit because lolvideogames

I'm literally going to kill myself if US stocks don't go up or down on monday.

Fuck me for not buying more nintendo.

>>22254995
Not knowing that some anon from the future have teamed up with Barron Trump to use his time machine to strategically place long shot buys to influence the economy ever so slightly to save the future.

>>22254786
>Electric cars are riding on the ground
>Gas guzzler has some height to it
I can only drive one of those in the winter otherwise I'm going to tear the fuck out of it, never-mind the uneven gravel road I drive on the rest of the year

>>22254936
you're not fucking investing in it for 10 years nigga, grow a pair, pussy.

>>22255025
lurk moar

>>22255025
Just buy, bro

>>22255009
Blockbuster did have their online streaming service. You could rent and use it. They also had a deal with the studios to get movies a month before dvd release.

>>22255029
just trade BTC. it's still moving literally right now.

>>22255072
Moving upya

>>22255025
/smg/ being /smg/. the stock is worth close to nothing

>>22255050

>>22253705
Stocks get cheaper, people cash out to buy stocks

>>22254795
>Bought calls with sky high IV in a downward trend and uncertain market
>Doesn't know markets are closed on Monday

Yep, this is still the top

>>22255050
In other words, GME is fucked?

>>22255050
did they have a 115% short float?

Any of you people make enough from your gains to be able to trade full time with your own apartment?

I ask this because how do you get a mortgage if you don't have a steady paycheck job that the mortgage people want to see? Don't say pay in cash, because houses are too expensive and interest rates too cheap for that. Unwise even if you could.

I've decided I'm not gambling on GME.
I've got half my cash in recovery stocks guaranteed to get me at least 20-30% gains within the year
Why would I risk 5k on gamestop having a spike. It is a dying company, if the spike doesn't happen then I'm totally fucked.
If I wanted to gamble I'd go into Crypto. Don't do it bros, even if it goes up it isn't a good habit to have.

>>22254337
whoever received this beatiful confession of love must be really handsome

>>22255009
More people are buying digital games. If they want physical games, then they can order from Amazon or where ever.

>>22255025
Look at their financials before you make any assumptions. Do your DD on what changed for GME over the last week.
/smg/'s been talking about it since last weekend and it would probably be $10 by now if not for the market dip. It was green on the bloodbath Thursday probably because of some shorts covering.

>>22255172
many grug short gamestop
gamestop go up for mysterious reason
shortgrug angry
buygrug happy

>>22254223
Imagine actually writing this. Musk is looking to the stars.

>>22255172
Absolutely. They will keep closing stores permanently. This recession is just a catalyst.

>>22255205
You should trade to support your income unless you really know what you're doing. All the banks want to see is a steady income coming in every month so if you're hell-bent on trading, you have to make enough to support your holdings as well as making enough for your 'paycheck'.

daily reminder that buying nak is just betting on the election. going to 0 if biden wins, mooning if trump wins

>>22255214
spotted the GME short

>>22255205
Guide for making money:

Poorfag:
-Go to community college and take out a student loan. Yeah I know "student loan holy fuck". If you go to a Community College and get a non-worthless degree the loan won't cost much so stfu its worth it.
-Graduate with a decent degree, maybe transfer to a state university and do the same thing.
-Practice investing with fake stocks in the meantime
-Get a job, live below your means.
-Save up and start investing because now you can earn enough to actually invest a worthwhile amount. Try to aim for 20% gains every year.
-Invest smart
-10 years later you can live off your gains

Whole thing should take anywhere between 10-15 years. The latter half of that should be fairly easy if you have a cozy job.
Before I get bitched at for taking loans, this is what I've done and it isn't that bad if you aren't a fucken retard about it.

>>22255214
>I've got half my cash in recovery stocks guaranteed to get me at least 20-30% gains within the year
nothing is guaranteed.
I'd feel safer putting money in GME than airliners, REITs, or oil. In the short-term at least.

If you're thinking Gamestop is going to go bankrupt, 2020 of all years is not that year.

>>22255214
>WHOOOOOOOOOO CAREEEEEEEEEES

im sorry you wont be joining us

>>22255316
This is me but going to med school instead for fun

What’s my next moon mission after I sell my fat SHLL bags after the merger?

>>22255172
Absolutely 100% Fucked.

This is like Toys R Us. They never learn that they should adapt their business model.

It’s like giving a drug addict more money and trusting them, but they’ll still get loaded, instead of forcing them to go to rehab.

>>22255336
Nothing is guaranteed but somethings are more guaranteed than others.

>>22255316
What are your profits so far?

>>22255316
What if I take my student loan and buy TSLA with it?

>>22254337

spotted the pedo

>>22255316
this is me, i went to the best accredited CC in my state for engineering, got my ASEE graduated with honors, and became an engineering technician. super comfy and half the time i day trade while at work because there's a lot of down time. during covid times i only go in twice a week.

>>22255444
also it only cost me $11k for 2 years.

>>22253245
lmao its too true. Ive learned more this weekend than the entire week smg threads put together.

>>22255469
>also it only cost me $11k for 2 years.
with fafsa if you play your cards right, it could have been free

>Was just offered to get 100% of the shares of a company
Company is a worthless shell and it's just to help a relative CEO with a big company to get some state funding. Anyways I'm glad to help.

>>22255444
Checked

>>22255392
I'm indirectly doing that right now, just not with Tesla lol. The money I saved up from my gap year was set aside for tuition fees, but things changed when 0% interest student loans covering most of my tuition this time (only have to pay like $500 this semester).
I figure I could afford to risk losing 40% of $10K+ this stage of my life. Most of it is from corona NEET bux anyways.

>>22255390
Been investing for one year.
Started off not very good at it, which is why I suggested practicing before you go in. I've gotten better over time.
I've gone from $20k - $30k this year. I missed most of the tech ride also. I could have made a lot more.
a LOT more if I paid more attention to things, but overall I'm pretty happy with it. I don't have much yet but I'll get there one day. Slow and steady.
Gotta use my inner Boomer.

>>22255387
In addition, no one right now is playing video games. It seems weird bc it’s quarantine, but lobbies are less packed than they were before the pandemic. Some people have their priorities straight.
Much less buy a $800 console with no gamez (that cost a premium if they want a disc drive)

As for kids, the ones who can play, they’ll stuck under a Karen household who “doesn’t want their kids playing FUCkEn video games”

>>22254500
It was just a correction that turned into panic selling, we are going back up.

>>22255515
how? still, not a big deal though, im entirely debt free i didn't get scammed into 6 figures of debt from the student loan jew. i just wish i had learned about stocks earlier.

>>22254729
>until dems demonstrate less incompetence than they've campaigned on the last 5 years.
They're too far gone now. Party will implode before it improves. There is no smooth u-turn on this.

>>22255316
>20% gains every year
Lmao you're fucking nuts

>>22255559
Can't speak for all anons, but here in the US, most un-cucked white guys are having a harder time just playing vidya when our country is falling apart and most people want us dead.
Kinda takes the fun out of things. I feel like I need to hustle my ass off.

>>22255539
Hold on isn't that how the Great Depression started? Banks giving out Loans to people so they could buy over speculated stocks.

>>22255541
Godspeed anon
What starting budget do you recommend?

>>22254500
We got a bottom and went back up. I don't see us going down anymore really.
Especially since the reason was just a correction that triggered panic selling.

Actually I'm convinced it was some kind of planned inside job. It looked like some effort to bring the market down that much and several Algos had to work together here.

>>22255612
There are people here that have done far more with far less.

>>22255619
sort of, but the 1920's didn't have algos and the internet, nor did they have QE infinity.

>>22251691
>>22253149
AMZN isn't gonna get shit. That being said, this is priced in for MSFT. No one even knew about this deal until it was announced. And MSFT was apparently expected to get it anyway. Worst case scenario - Bezos pitches a fit, MSFT goes down and AMZN goes up.

>>22255673
i have a theory that it was just softbank taking profits and they're literally just gonna keep doing the same shit pumping tech since apparently the SEC doesn't give a single fuck. i couldn't understand why the jews allowed us to make so much money, now i realize that the jew fears the samurai.

Rural retard here

Ive never cooked brautwursts, are these done?

Give it to me straight bros how fucked is Tesla Tuesday?

>>22255612
That's the average annual of QQQ desu
You would exceed this by just putting it all into MSFT, AMZN, AAPL and BABA naturally

>>22254786
based vic poster. my baby went 436k before i had to put her down.

>>22255742
This is a Wendy’s drive-thru

>>22255669
When you have $10,000 that you have saved up.
That $10,000 must be money that you could throw away tomorrow and not care. If you're life is depending on your short term gains you won't make logical decisions.
Your priority should be a cozy job. Get that cozy job first. Practice in the meantime with some fake stocks. Learn in the meantime.
Test your ideas. Learn the ins and outs.
Work smart, not hard.

>>22255742
Dinotendies tier

>>22255297
>>22255316
I made more money trading this year than my job:
43k job
64k stock trading
1.2k trump bucks

>>22255786
This year was an easy year anon. Even Twitch Thots made money.

>>22255619
it's technically money I've earned from my gap year that I was saving up. But it's pretty much my tuition money in the sense that I wouldn't have had to use up student loans in my next years if I just saved the money instead.

I wouldn't be crazy enough to actually invest money from a line of credit. Also, student loans are now paid out directly to the university unless there's excess precisely to stop retards from being crazy with it.

>>22255778
fucking love him

>>22255612
?

>>22255756
I'll put it to you like this.
If there is a miracle and it doesn't take a shitdive Tuesday, sell. Get the fuck out. Run.
It already went down 6% during afterhours trading.

>>22255816
Most of it was from Citigroup which was flat for 3 months. Not meme stocks.

>>22255816
the real question is what will happen to ethots when simps are not bringing in the tlsa bucks? and how can i profit?

>>22251676
i did the same but into psldx

>>22253929
Elon already showed it off.

>>22255726
I can already see the movie. "The big Long"

Jewish bankers try to sell because their shorted calls for 2022 just went ITM. They laugh about the first dip and the second, but slowly start to sweat as more and more retail buys the dip and everyone just holds the line. Panic starts to set in as millions of bulls just buy more and more stocks and keep believing in capitalism and America.

>>22255847
Gimme those gains

>>22251757
pty

>>22255742

>>22254876
manual transmission are already going the way of the steam engine.

Any militaryfags here? Military is a good way to start your adult life financially considering I’m gonna get out of here when I’m 22 with about $65k and a GI Bill to go to college after this.

>>22255031
You're comparing two high speed road legal racecars to a Crown Vic, compare the ride height to something like a Model 3 or Model Y

>>22255847
Premium selling I imagine?

>>22255889
doesn't make the same ring as The Big Short squeeze

>>22255387
they brought in the CHWY guy though, so it would appear the plan is "turn physical stores into a Games Workshop knockoff, get a steam competitor working and sell the whole thing to Amazon"

I don't care though I'm only in until December at latest for the squeeze memes

>>22255917
I’ve always wanted to be a sugar daddy to a military boy.

>>22255924
also the Chiron goes through more gas in a minute of full throttle than the Crown Vic probably does in an hour

>>22252359
Yes, you're about to short it in the bull trap

>>22255975
I've done all the research I can into the CHWY guy (fucken can't remember his name).
The guy has no idea how gaming works. He wants to turn Gamestop into a social hub for gaming.
Does that sound appealing to anyone here?

>>22255205
I have ~150k that I trade with to pay the bills. I only spend about 15k a year though so it’s not hard. I’ve made more money than my girlfriend who is a RN the pst three years so I guess it’s going okay. If I blow up my account I just have to go back to waging so it’s not that big a deal.

>>22255559
>In addition, no one right now is playing video games. It seems weird bc it’s quarantine, but lobbies are less packed than they were before the pandemic. Some people have their priorities straight.
are you for real right now
corona quarantine was precisely why we had a massive gaming boon. America's riots are something else entirely and depends on your location. Good thing insurance exists for looted stores.

https://thenextweb.com/gaming/2020/05/07/nintendo-switch-animal-crossing-sales-skyrocket-quarantine/

>>22256009
So like a card game shop but with no real reason to be there?

>>22251601

>>22255316
>get a job
You lost me.
>t. comp. engineering grad with 3 years of NEET experience since

>>22254786
>>22253805
I never understood why people care how fast a car can go,

>ah yes my car tops out at 230mph
>nice you should do that in your local neighborhood
>great idea

>>22255894
>>22255937
Combination of options buying and selling, plus just accumulating shares to sell more calls and dividends.

>>22256034
>I only spend about 15k a year though so it’s not hard.
My account is only worth about 86k now. Should be at 90k soon. Would have been more, but I had to pay $7075 in estimated taxes. That said I have student loans and other expenses, so I'm closer to 18k a year, not counting rent. So I got a while to go.

>>22256104
Get a job faggot it's not that complicated.

>>22256047
>insurance exists for looted stores.
I thought riots fall under "Acts of God" and thus they don't have to cover it?

>>22256009
you're focusing on the wrong things. What Cohen was good at was building up their own fulfillment centers for a niche e-commerce and succeeding with it massively despite Amazon's dominance.

>>22256109
Speed is the only true modern sensation.

>>22255842
Now do that every year

>>22256109
some people live close to a track they can drive in.

>>22256134
Id rather rail lines of blow off my coffee table then

>>22256125

r/wallstreetbets says the squeeze already happened

>>22256054
Softbank is just misunderstood

>>22256115
You’ll make it anon, one step at a time.

>>22256122
Bingo.

>>22256047
>Good thing insurance exists for looted stores.
literally a huge news story that riots aren't covered.
which people have been saying since the beginning but niggers are too dumb to listen.

>>22256152
did they quote any up-to-date statistics on the short interest?

now that fang is priced in, what's a good buy?

>>22256148
Very punny

>>22256152
Yah but they’re retarded

>>22255765
F

>>22256138
He doesn't have to do that every year. He just needs to average it out so it ends up being that.

>>22256247
"Investing in Tesla at 500 is for dumb fucks"
-user has been banned for language-

>>22256183
oh shit that sucks
im actually in canada so i just assumed

>>22256115
So spreads then. Good plan.

Look into covered strangles. It’s one of my go-tos for the portfolio I run for my work. You can do it with a synthetic cover but it’s basically a covered call, sell it ATM, sell a put, then buy 2 puts at <0.10 to save capital and to protect against catastrophic loss. The sold put should far more than cover the purchased puts.

>>22256054
>softbank
>a bank
what retard did you steal this one from?

>>22256265
All I'm saying is 20% every year is crazy and most veteran investors don't even do that consistently

daily reminder that if you buy before you sell your NGMI

Entirety of /smg/ combined too lazy to start a new thread. No wonder you guys lose all your money

>>22256157
>>22256360

ok ill change it to your "Japanese multinational conglomerate holding company", thanks!

i could make these bad boys all day.

>>22256421
It’s doable in smaller accounts but not so much in large ones.

>>22256421
20% is really hard to achieve with BILLIONS OF FUCKING DOLLARS, yes.

>>22256421
20% is achievable depending on the timeframe and investment. annual return on real estate: easy. weekly return with credit spreads: easy, but risky. 20% a day? teach me your secrets

>>22256341
>covered call, sell it ATM, sell a put, then buy 2 puts at <0.10
That's too complex for me. I like deep in the money calls. They cost more, but they tend to be a good value investment.

>>22256765
I do it because it gives me a lot of flexibility to manage my position over time. Deep, long ITM calls are good if you need those deltas but they’re terrible to sell. You get disproportionately more premium ATM as a seller.

>>22255786
congrats anon thats awesome. i owe more in taxes than i ever made in a year. and soon you will too, were all gonna make it (except TSLA anon)

>>22256851
were you hedged during this mini crash? im still trying to get a handle on hedging my spreads (AMZN, thought it was less techy but was wrong) and used QQQ puts but got burned

Solid thread for the GME dd. Thanks boys. I’ll probs buy a bunch of call options Tuesday based off that seeking alpha article. The 146% iV is freaky though. But I am honestly most assured by the fact that Robinhood has a 0% buy rating, they don’t want the npc’s making tendies.

>>22252863
People really believe next Gen consoles will save GME? Jesus, we're two months away from their launch, and there's STILL no price announcement, and litteraly nogaems. What it tells you is how high their price will be, margins razor thins, and what it's telling is it will be a paper launch because they could not produce many units. I fail to see how GME will profit from this. Even moreso in an era where everyine and their mother buy cheaper on Amazon anyway.

>>22256122
Why am I getting robocop vibes

>>22256925
don't be too smug, it's ultimately still a coinflip next week. It's entirely possible that we don't get the full squeeze until November hype and Q3

>>22257005
isnt that why you buy a shit ton of far OTM calls at like a march 19 expiration?

>>22256980
because you're assuming our GME play is based entirely on fundamentals. The fact that GME is still actually still a value pick is just a bonus that makes the short squueze play amazing in that the downside is not that much if the squeeze doesn't work out.
normally trying to game a short squeeze is risky as fuck or requires massive manipulation because it usually involves companies that are on the brink of death.
Gamestop is FAR from going bankrupt this year. We've been talking about it the entire fucking thread already. Verify your own DD.

>>22257032
i have no idea honestly, all this greek is beyond me right now so i just brainlet buy shares. Won't be able to open an account that can play options in time anyways

rather be tax-free stocks too.

Falling knives soon bros.

>>22257056
how much are you expecting to make from this trade? and whats your cost basis?

/smg/ newfag here
What is DD?
Deep dive as in background research

>>22256421
20% is easy, you can do 50% a year with a risky strategy that will probably not fail

>>22256909
Oh, you mean the other day? I Have very little exposure to tech and a lot more in financials so I made money during that. But yes, I would have been hedged

>>22256983
Because you still have at least two brain cells to rub between that you can see where this will go.