/biz/ - Business & Finance

THIS MARKET IS OVER

whens the WKHS contract win/loss announcement

>Risk Management
>all in GME

>>22584192

>>22584106
Now that’s what I call a tall drink of water

>>22584192

I bought NAK instead of GME
is this safe?

>>22584218
heh

NDAQ has picture perfect Wycoff distribution. No pic because if you don't see it then stay poor.

Get ready for markdown.

>>22584192
Value picks like GME are actually a pretty damn safe position. I've avoided losing almost 20% by getting out of tech stocks, and I've also gained like 30% so far thanks to GME pumping. Every dip getting bought by smarter shorts seeing an opportunity to cover

GME will be a bit volatile now since it's pumped a shit ton now, but I can just chill and watch it from a low cost basis.

when tihnl tech stop drumn0p ing ? i want to buy SOXL TQQQ AAPl and so forth wen it stop s? when can we gnsee a revseal

2 month long crash incoming

>>22584287
explain

>>22584238
NAK doesn't even have approval to start digging how the fuck do you consider it safe

>>22584320
Do about an hour of research on Wycoff then pull up the NDAQ chart on the daily. FOMOing into SQQQ is optional

>noooooo you can’t just buy amazon and Apple cause its Apple and amazon
>you need to aim for 20% gains!!!!!!!
>20% a year is good 400% in 10 years is good!!!!!!
>buy etfs worry about retirement!!!!

Meanwhile if I just bought Apple amazon google and Microsoft 3 years ago I would of got 300% returns with zero risk. Why is everyone a moron but me?

BREAKING NEWS:

Donald Trump signs executive order to fast-track the approval of Pebble Mine

"This is a beautiful day for our great country"

NAK soars to $5 a share pre-market within minutes

https://ceo.ca/@accesswire/northern-dynasty-pebble-partnership-leaders-to-provide

>>22584421
who the fuck are you talking about
ETFs / diversifying are for chumps who don't know what to pick.

t. 100% GME

how the hell do insurance salesmen make 100k+? I don't know shit about sales but that sounds like a scam if I ever heard it. $CNO is hiring if curious

>>22584339
Trump said he would approve mining and the environmental impact survey said everyone can be made to be happy. It’s also a strategic reserve of metals. Almost definitely a slam dunk.

Im just about all cash and the tech bull run seems to be stalled or dead. I dont really understand anything else because biz only talks about tech and meme stocks.

>>22584106
why did they cover her nipples but still show her tootie

Why is there 4 fucking /smg/ threads I dont know which one to stay in

>>22584478

Oh my God, it's real.

How does the GME plan hold up if next gen is going even more digital with mainline day one disk-less consoles?
Wouldn't that hurt GME even more?
OR is it some kind of counter intuitive thing?

>>22584301
I agree seizure poster.

>>22584585
We don't care, the plan is to get out November/December at the latest

>>22584564
because the tranny who avatarfags with the star trek cartoon nigress kept adding random Trump derangement syndrome to the OP and it took multiple attempts to remove it all

>>22584585
It' s speculative play anon. get in and get out.

>>22584585
i dont think diskless consoles are going to do well, fucking cod warzone is 400gbs of my laptop. And games will only grow bigger in size.

Are NAKchads, dare I say it, on the attack?

>>22584106
Wtf I never realized I wanted a waifu with waterfall hair

>>22584728
Floodchan is best waifu

>>22584680
what an absolute faggot. how can someone be so desperate for attention on a fucking anonymous website

After 4 hours of work, I present my TA

>>22584167
between right now and sept 30

>>22584774
First and second part are right

Why the fuck are futures crabbing isnt some big crash or moon supposed to happen

NEEtards rise up

>>22584585
not like GME doesn't get a cut of digital sales. They just sold a bunch of PS5 bundles with the playstation store currency and playstation plus subscriptions.
GME sells digital games through their store as well.

But that's besides the point, people have this assumption that Gamestop has to be dominant against Bestbuy/Amazon/Target whatever, when all they really need to do be average because they're only valued $500 million right now. When you put that market cap next to their $200 million ecommerce revenue this quarterly and $800 million revenue elsewhere, suddenly you start to wonder why the fuck GME is worth less than $10. And then you notice the short %.

>>22584917
the interesting thing is if you spun off the online sales and shut down the stores it could easily be worth a couple billion because ecommerce goes for stupid P/S rates

maybe that's Cohen's plan

>>22584917
"b-b-but it is the next blockbuster"
Yeah, maybe late next year. And of course, the billionaire that just dumped into Gamestop wants to let it be another Blockbuster and has NO plans for it.
Not that you should hold after the pump, but cmon. Where the fuck are these idiots getting this idea that it is worthless?

>>22585021
>Where the fuck are these idiots getting this idea that it is worthless?
it's the same idiots who think ZM and SNOW are good investments at this price

tech stock go up, boomer stock go down, better short it

>all threads are pedo tranny OPs

Based /smg/, someone put us out of our misery finally

>>22585020
no u dumb normy the stores are distribution centers amazon had to set up distribution centers over time we already have it

>>22585021
there's got to be multiple hedge funds behind that >100% short interest. There's a lot of money on both sides of this play, and I'm sure they don't even need to hire people (anti-shills?) to spread FUD around because retail shorts underwater are already doing it for them on reddit or something.

Gamestop is definitely at a turning point, and they've bought themselves at least 5 years to decide whether they end up like Blockbuster or Netflix. There's clearly a way for Gamestop to win against Amazon with e-commerce when Amazon doesn't even do same-day delivery anymore. Gamestop's brand is still very significant in America, and I'm sure there's some way to take better use of that for digital game sales through their platform.

>>22585058
I can't wait to see TSLA go below $300 and watch these tech zoomers who went all in on retard stocks with ridiculous PEs get their shit pushed in. It would be worth 10% of my portfolio just for that.

Which public companies profit from Bitcoin?

>>22585299
>>22585021
>>22584917
... is it too late to hop in GME?

Fuck, will AAPL ever see $120 again? I feel like I've fucked up buying @115. Will this company go the way of Blackberry and Nokia. . .

why did it have to come to this..

why can't we just have another bull run...

>>22584481
You will miss out on your gains because you will be too greedy, set an unrealistic price target, and fail to get out before it crashes

>>22585358

>>22584389
>>22584389

>>22584478

Now $6 a share

>>22585355
No, short interest has been trending UP somehow

SAVA or NAK? or both?

should i keep my TSLA and AAPL or sell to buy more SAVA/NAK?

>>22585355
Last chance to get into GME under $10

Somebody want to explain to me why the FUCK John Deere went parabolic these last two months? And also why the FUCK nobody ever talked about it before now?

>>22585416

12 days...
just 12 days or less until i retire or shoot myself

>>22585416
They are developing a COVID-19 vaccine alongside KODK and KTOV

>futures

we're really gonna keep being blood red arent we

>>22585484
What stocks should I follow to get an idea of how you're doing? I want to live vicariously through you anon. Hope that's not creepy.

>futures

>>22585399
I went all in on NAK today, I feel like there's a 20% chance of the mine approval and those odds are good enough for me

>>22585508
>>22585490
it was nice knowing u bros.... im ruin

>>22585355
Expect like -20% potential downside short-term, heck most of us here probably ended up holding through a fucking -15% dip through Q2 because we got too greedy and forgot to consider that Q2 was more likely to be shit (the news about being $300 million net cash was good though, so institutions were definitely buying up shares at a discount from retard retail). Those anons who held through should all be up +30% by now.

I'm pretty sure most of us are planning to get out by Q1 2021 *at the latest*. Hopefully much earlier like mid November. It's a short squeeze gamble with relatively small downside potential (unlike KODK right now) because GME is actually a reasonable long play now on top of being fundamentally undervalued even right now.

That said, while I believe there's definitely a reasonable play to long GME. I don't think we'll be able to take advantage of it. If Cohen (with his expertise on building large-scale fulfillment centers) gets involved, he'll most likely be taking Gamestop private and keeping all that growth for himself. He's stayed at 9.6% shares for so long that it pretty much confirms he's negotiating something (tender offer?) with the Gamestop board. If he was just planning to be an activist, he would have kept buying more shares since the Q2 dip. He definitely wants a bigger slice of the pie, and a hostile takeover is not the way to go since he'd just end up triggering a short squeeze himself. There's also the small chance that Ryan Cohen is a passive investor, but that's not likely given his personality (he's had multiple interviews) and history and Petsmart dude on the board of Gamestop.

>thread screams about futures
>makes me check
>nasdaq crab green, boomer indices crab red

>>22585484
Send me your BITCONNECT

>>22585416
No clue. Q3 earnings had nearly everything down by double-digit percentages.

>>22585412
In never putting enough money into that for it to make a difference

>>22585546
>futures

>>22585449
>>22585486
Must be because it sure as shit doesn't make any sense. What's the point of rotating out of tech if boomers are just doing to turn their boomershit into shit coins too?

>>22585541
Really good analysis here, thanks. I am so tempted to buy but I'm going to stay out. I'm gambing on XOM not cutting the dividend instead.

is it just me or does this look like someone just entered a massive new short position at $9

how long do I hold my $299 QQQ bags

>>22585606
Someone in an earlier thread said someone market sold a quarter million shares

>>22585616
Until retirement.

They actually pruned the right threads.
TODAY THE JANNIES WERE COOL. GIVE THEM A 10% RAISE.

>>22585622
Not a good sign.

>>22585541
Thanks for the breakdown, fren

>>22585541
ill take a tender offer since its already higher price at 9 vs 6 now im happy for it because it would probably be like 20

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

PLEASE MARKET PLS

>>22585517
i thought they got the approval?

>>22585627
someone should post the trump sticky again just to make everyone spaz out shit was hilarious

>>22584106
how can i invest in basedbean

>>22585586
long oil no Gamestop is the stupidest thing you could possibly do right now other than like, actively shorting Gamestop or Tesla

>>22585627
>10% raise
>0 dollar wage
:^)

>>22585709
buy some acreage and grow them

>>22585678
I usually like k-girls but this one just looks like an ugly white girl caked with makeup

>>22585709
SOYB on the TSX

>>22585732
fag

>>22585703
Seriously rofl. Why are Trumptards so thin skinned?

Watching everyone seething over a tranny cute posting was the best part of today.

>>22585678
>avatar-fagging
>gookposting
>shit takes on everything
retard

Do humans still trade crypto or is it all bots now? What a hideous chart. exact reason why I still don't touch that shit

>>22585750
Those were true Trump supports probably libs trolling and trying to make us look bad

Alright lads, I'm a new player here fresh off the bus.

Where should I yolo my $240.

PUT ON THE HECKIN MASK.

>>22585750

Imagine investing in stocks that don’t pay dividends. You’re falling for the classic Ponzi scheme.
>oh but it grows wealth!!
Dividends are literally FREE MONEY

Massive sell off to manipulate prices for quadruple witching buys?
Or just a taste for what's to come?
Futures not looking good

>>22585703
>>22585750
You guys are idiots. If you want to learn why go spout your idiocy on
>>>/pol/
If you want to reaffirmed in your idiocy go here
>>>/reddit/

>>22585757
he's right though, best case it squeezes to infinity, mean case it gets bought out in the mid double digits, bear case it somehow crabs down to $5 to save the shorts (and I have no clue how that would happen now)

>>22585777
On lottery tickets. Why bother...

>>22585709
Basedbean futures are best way!!!
Ticker am /ZS

but beware they notoriously treachery even worse than oil futures

>>22585777
>yolo
>$240
i think you're looking for r/wallstreetbets

>>22585733
thank you

>>22585799
>literally free money
if you have 200k that is. then it's free money

>>22585799
> Free money

The only one falling for a scheme is you, that of delusion.

>>22585777

>>22585799
you convinced me im going all in on divvys

they are literally handing out free money!!!

>>22585799
equity is real money as long as you can sell it, the entire point of stocks is the liquidity and rapid growth

>>22585724
>>22585733
holy fuck bro this is a sign i thought i typed basedbean and i never use the b word before

>>22585821
>>22585828
Not to be rude but am I supposed to believe there's big dick swingers here who didn't start somewhere small?

>>22585777
Gamestop. Unironically. Buy 24 Gamestop shares. Options are complex so ignore them for now. Ticker is GME. You'll do great, kid.

Tomorrow? Red.

>>22585822
>>22585862
bring you in on it

>>22585711
I don't think so, Tim.

>>22585796
>>22585810
Ironic considering you fags cried so much you got a thread deleted. That's more of a reddit move, maybe you should go to reddit ROFL faggots.

speaking of divvies where is QQQ's divvies. shouldn't they be doing them this month??

>>22585799
if you want both dividends and good growth, buy something like TSM. They've stayed pretty damn stable through this tech dump.

>>22585839
>>22585840
>>22585855
>>22585856
Plenty of growth stocks that pay dividends. I refuse to invest in companies that don’t pay dividends. If they aren’t willing to pay their shareholders why the fuck are you investing in them? Again plenty of growing stocks pay dividends, it’s literally just meme companies that don’t.

>>22585875
Fuck yourself

>>22585876
STOP GENSHIN POSTING

>>22585856
> But but, it's like interest payment, right.. right!

Yep, I don't understand why some people obsess over diviends. It is just a cash profit being redistributed. There are many issues and risks when chasing divvies. But you need to ask yourself, do you want to invest in a company who uses cash profits to reinvest in itself to creat more GROWTH & VALUE, or do you want the spare change they throw at you.

Really is a no brainer, if a company can pay fat divvies its not driving for growth, rather sitting and just taking profit. Arguably this isn't godd for stockholders for ALOT of reasons.

Divvies have a place don't get me wrong, but it isn't gonna be popular with growth driven investors on this board.

Just read up about it pls, its fairly simple logic.

>>22585897
and how much are you making off dividends?

>>22585902
No, I'm not joking. Gamestop is going to the moon, and fast. It's a short squeeze.

>>22585876
No.

Tomorrow will 1000% be bright green. (((They))) absolutely cannot let the indexes go below their 50dmas.

If you didn't buy the dip today you are a complete dumbfuck and cannot be helped.

>>22585902
stupid retard, he was giving you good advice. enjoy losing your money and also fuck off

>>22585868
Nope, you have to spend money to make money and if you don't hit the bare minimum you're just throwing your money away trying.
"but why do people have all these stories of turning 200 into 200000?"
Because they're stories made up by the rich to get the poor to surrender their capital.

>>22585733
>SOYB
these stocks have notoriously low volume and liquidity
good luck buying or selling anything

me used try trade CORN but it would take limit orders @ market value days for hit

the real dump has begun

>>22585868
If you only have small amounts coming in, just dollar-cost avg an index. Your just wasting the little funds you could build up by trying to grow it here.

This place doesn't give stright answers, you have to read between the lines.

Not to be rude, but if you take anybody's direct advice here, you will only be $240 poorer.

Double, double, toil and trouble;
Fire burn, and cauldron bubble.

AHHHHHHHHH NUUUUUUUU NOT AGAIN PLS NO AGAINNNNNNNNNNNNNNNNNNN

>>22585616
Post screenshot

>>22585897
All stocks pay divvies of some type, you aren't saying what yield your aiming for.

No fucking shit, we all get divvies u dumb fuck. But aint NOBODY chasing them here directy LOL.

>>22585934
If they break the 50 DMA I'm selling on my of my holds to get up to 50% cash

except like, gamestop, nvda and tsmc

>>22585934
Doesn't matter to me, I just sell covered calls.

all in on SAVA?

>>22584478
Baggie must of sold

>>22585932
>It's a short squeeze.

>>22585886
I don't even care about political bickering IN the thread, it does have some relevancy, but putting weak /pol/ bait thread type shit in /smg/ threads SHOULD get your thread deleted. Fuck that, and fuck you. Faggot.

>>22585902
kek you think he's memeing you?

There's a reason /smg/'s been shilling GME since it was under $6, up to you to decide if you want to at least do some DD on it to figure out how a bunch of us are deep green with GME right now.
Don't let your negative bias about Gamestop stop you from at least looking into it.

>>22585928
Not a lot because I don’t chase dividends. MSFT, AAPL, V, HD, JPM, UNH, CAT, SNE and BAC are my holdings and they’re not dividend chasing stocks, they offer growth while paying a small amount of money to the shareholders while their investments grow. I’m not investing in shit like T and MO that trades sideways for years

>>22585997
Yes.

>>22585886
You got your thread deleted by spamming. Thinking I had something to do with is just another example of your idiocy.
If you want that idiocy checked for the sake of your health, >>>/pol/
If you want your idiocy affirmed by people who will lie to make you feel better, >>/reddit/

>>22585983
>>22585983

>"I started day trading, I got Robinhood app."
Adam is the last Jew alive to get into stocks. Interested in seeing what the Bug invests in.

>>22585992
lukewarm IQ play, works until it doesn't

>>22585986
I’m not aiming for any specific yield, i just won’t invest in a company that refuses to pay its shareholders. Literal ponzi scheme tier investing if you’re not getting paid to hold the company’s shares

>>22585935
>>22585932
You can skip the hazing ritual. I'm just looking for some starters. I might as well sell my fleshlight for some condoms. I'm optimistic but I'm not naive.

>>22586017
Literally not a single report of positive coverage has shined on gamestop. Even if you threw 5 stone cold articles for evidence I'm not dropping 5 dollars into that hole. M8 you can miss me with the hazing I'm not retarded I'm just new.

>>22586047
who

>>22586020
Then your post is basically entirely misleading.

You aren't looking for divvies, you're looking for good stocks.

You typed your original post like you were chasing divvie rates. Good, chasing high divvies is a terrible idea.

Yes, stocks which pay no divvies usually have cash flow issues and make poor equity investments, correct indeed.

>>22585929
Grow my ass. They buy back their shares instead. See APPL and it's 'growth'.
Growth companies that have no more grow buy back shares.

>While it seems easy to foresee which industry will grow the fastest, that foresight has no real value if most other investors are already expecting the same thing. By the time everyone decides that a given industry is "obviously" the best one to invest in, the prices of its stock have been bid up so high that its future returns have nowhere to go but down.

One chapter into the Graham book and I already know I should've read it before coming here...

>>22585964
I've been lurking for a while I just wanted to see the response to my genuine situation. Mostly for a laff. I wouldn't trust anyone here to walk a dog 50ft near a preschool.

>>22586066
>not retearded
Bro you don't belong here then, leave before we drag you down with us

>>22586094
At what point will EV's hit this level?

>>22586096
> for a friend

$240

>>22586066
We're not hazing, we're unironically all long Gamestop. Let me explain some market things.

When you short sell a share, that means you're borrowing a share to sell. The hope is that the price goes down, so you can buy back the share and pocket the profit. But if the price goes up, your downside is unlimited, because you're obligated to buy back the share.

Currently, the vast majority of shares in Gamestop have been sold short. More shares have been sold short than are publicly available to cover. To keep short positions open, bears are paying 60% APR on those short loans. Most of the current shorts entered between $6 and $9.

>>22584481
I've posted this before and never got a response but realistically how many people on the retail side beat the market? It's a completely different beast for these hedge funds making big fucking orders, but doesn't the standard index fund only return in the order of 10 percent? I see shit move like that all the time. Idk.

>>22586038
@_@ actually thread was delete for "trolling"
and me make thread before every other SMG thread, they spammers no me

/SMG/ Should be sticky thread

>>22586020
I don't think dividends are worth it only because you need a shit ton of money just to be able for compund interest to take place. Shits ass

>>22586066

the quad witching is upon us prepare for massive ups and downs

>>22586121
where do i get these short stats

>>22586134
because you keep putting faggy political shit in the OP purely to cause drama

>>22586052
Thats too bad for you.

>>22586086
There’s still good companies that don’t pay dividends. I’m a long term investor and yes while companies like google and fb can see good growth in the future, I’m not going to hold their stocks for years and not get paid while I’m holding them.

Did you claim your free $1400 on uniswap? I dont know if I should hodl or buy stocks with it.

>>22586165
well that one guy who made anti-tranny thread started it @_@

>>22586121
Oh I'd absolutely short GME, not sure how I do this on wealthsimple.

>>22584238
if Biden wins. Alaska project may not happen

>>22586094
>Graham
Info please.

>>22585973
For a charm of powerful trouble,
Like a hell-broth boil and bubble.
Double, double, toil and trouble;
Fire burn, and cauldron bubble.

>>22586162
to get up to date short selling numbers you have to pay for S3, but biweekly data is on pretty much every financial website

someone with higher level data said we're up to 135% short now lmao

>>22586201
Oops wrong stats

STOP TANKING HOLY SHIT

>>22586201
WST is garbage. It does no options, no shorting, no margin, no nothing really. And you absofuckinglutely don't want to touch US stocks as you're paying a 1.5% total value fee upfront, and another 1.5% total value fee when you sell.
However, even if you could short with WST, the short volume is >100%, which means you will never find a share to actually borrow to be able to short with.

>>22585777
SOXX. Every month until you die.

>>22586201
You can't short on wealthsimple you retard.

And good luck shorting a stock with borrow fees at 50%+ and a short interest that was at one point recently over 100%

>>22586191
>that one guy who made normal thread started it
Do you ever listen to yourself?

>>22585929
Your thinking is flawed - it's too universal. Let's take a company like XOM for example.

XOM makes a fucking SHIT TON of cash from its continuing operations. It is a market giant and it spends huge amounts of its income in investing in new revenue streams. However, due to the nature of the business, there isn't really but so much you can actually spend on CAPEX before you start just throwing away cash on projects that will not yield a very good return. In this specific scenario, it makes a lot of sense for them to return their extra cash to shareholders (let's ignore the fact that they're going into debt to pay it right now, temporary market conditions notwithstanding.)

Another example: take a company like AAPL. AAPL has been sitting on an absolutely massive pile of cash for a long, long time now. Now, AAPL does pay a small dividend, but it's trivial. I'm pretty bearish on tech, but I think there's a pretty strong case to be made that AAPL literally *can't* grow that much larger in its current market segment. It's completely saturated the global market with phones and has a loyal (but stagnant) base of customers that are brand loyal to their computer products. IMO, it would be better to return that value to shareholders than just sit on its cash forever, assuming that AAPL is not having trouble with R&D (it doesn't appear they do.) It's just literally sitting around doing nothing.

Another thing - it's not always a straight up choice between dividends or growth. Take a company like TSM - TSM is an absolute monster for growth. Its revenue growth is fucking insane, and it puts a massive amount of CAPEX into cutting edge chip fab. And it still manages to pay a pretty sweet dividend.

This universalist thinking on dividends really doesn't make sense to me. You have to make a judgment call for each specific company - saying "dividends cut into growth" just isn't true, especially when you're talking about megacap companies.

>>22586201
boys we found them, we actually found the idiots dumb enough to short GME

also you can't short or even do options on Wealthsimple because it's gay and canadian

>>22584106
OY VEY. ME AND MY FRIENDS WILL HAVE TO CRASH THE MARKET ON YOU GOYS

>>22586235
I'm a leaf, there's nothing like robinhood on this side of the border. But thanks for the heads-up

I literally sold todays bottom after we broke the 267 support on QQQ.

Im not even mad.

>>22586090
That's a great point.

>>22586171
I suppose, the ex-dive date generally takes the value of the shares held downwards.(in funds this can be seen more evidently)

Your not being paid to hold the shares, you are simply being directly distubuted the % value of the share in cash out of the value of the share.

The reason some companies will not or often cannot pay divvies is because they do not have the cash flow avaible to accodomdate it. Say what you will of these companies, its all contextual.

I'm not arguing for or against your argument. But you aren't being "paid" by the company, simply the value of the company is paying out money and this is usually reflected in the ex-div date. Then again later if the div is slashed.

>>22586235
actually with portfolios below $10k and with frequent small trades the 1.5% combined comission and conversion is less than Questrade's

>Confucius say, man who pick bottom has stinky fingers

>>22586134
Faggot, you couldn't even put /smg/ in the title, twice, on top of you claiming to baking these generals for 3 years.

>>22586248
>>22586240
>>22586238
Robinhood isn't in the leaf kingdom. WST was just the first app suggested but I haven't started doing anything yet. What's a better alternative when you're across the border.

>>22586213
Intelligent Investor by Ben Graham. Here's another quote that reminded me of /smg/:

>To see why temporarily high returns don't prove anything, imagine that two places are 130 miles apart. If I observe the 65-mph speed limit, I can drive that distance in two hours. But if I drive 130mph, I can get there in an hour. If I try this and survive, am I "right"? Should you be tempted to try it, too, because you hear me bragging that it "worked"? Flashy gimmicks for beating the market are much the same: In short streaks, so long as your luck holds out, they work. Over time, they will get you killed.

>>22586245
brah youre getting trolled by legendary female trader rkg

>>22586127
If you're not confident enough in a pick to put a quarter of your portfolio into it, why even bother with the pick? Then in that case, yeah, just stick to ETFs.
Most retails lose out because they've been chasing "discounted" stocks like airliners, oil, REITs without understanding why they're priced so low in the first place. I'm pretty sure a lot of newbies came in with the mindset that the upside for a pick was whatever its valuation was pre-Covid 2019 which is absolutely fucking retarded.

>>22586273
I don’t understand what you’re saying. Are you saying that stocks will take a hit on the ex div date? That’s probably because people plan to sell a stock but will wait for the ex div date so they still get the div. Literally just a short term dip for profit takers

>>22586311
with $240 invested there isn't

>>22586201
-ignores every ounce of limitless information just a quick search away
-wants to short the stock that will rise and it only matters how much it will rise

You have to go back.

>>22585934
(((They)))?
You mean the incompetent fucks not being able to prolong a fucking stimulus? These dumb morons?
The guys who have shown no support for the market since fucking June? These imbeciles?

>>22586313
>female

>>22586313
RKG was like a troll artist today 10/10 stuff

>>22586066

>>22586094
if youre implying this is tech, i casually point you to the crowds of retarded "tech is a bubble" "all in on divvy stocks" "boomer stocks > tech" and actual doomers that dont invest in tech
dont be retarded, young risky investors are NOT the majority of investors in this country. tech is the future, and no, not everyone agree with that

>>22586311
bruh im a leaf too.

Look into InteractiveBrokers or Questrade instead. Or heck, just your bank since even if it's a shitty $10 per commission, at least you can open up a USD side, do norbert's gambit to avoid exchange rate fee, and transfer funds instantly between your chequing and trading accounts

Did you buy CLF under 6.50?

>>22586335
I know you don't understand what I'm saying, thats why you posting about divvies in the first place.

An alarming number of investors DON'T UNDERSTAND WHAT A DIVIDEND IS.

READ IT.

>>22584691
>have Xbox
>buy game
>put disk in
>game downloads out of Microsoft store
>every time i start that game I have to put the disk in so the Xbox knows i have the rights to play it
>say fuck it and just buy games directly out of the Microsoft store
>now i have to be logged in to Xbox live to play any game so that the Xbox can check to make sure my account owns the game
video games fucking suck now

>>22586312
>boomer investing is LITERALLY that "woah Nellie, slow down" meme
lmao

>>22586367
I understand but shes actually a real girl. I know this because we made love one humid afternoon in Texas. I regret it every day

Guys I'm all in Citi now. With 1600 shares and 200 options. Should I sell a couple puts also? I figure it is time to go all in. Make or die moment.

>>22586393

CLF at 6 has a 2.5b market cap

So CLF going to 24 will have a 10b market cap.. this is a company that generates 8 billion per year

Where does it end?

NUCOR is $47 a share with a 14 billion marketcap and they are CLF closest competitor

$NUE is a steel producer. CLF is an Iron Ore miner that is trying to diversity into steel production as well. Whether this will pay off is what i'm gambling on but I feel a comparison to the largest steel producer in the US seems fair here.. we will slowly be taking market share from them as AK steel transform CLF into an entirely new company with Raw Iron being processed into steel entirely downstream

>>22586385
>that dont invest in tech
IN THIS THREAD i meant to add

>>22586393
No but I bought 1 cheap LEAP for 2022

>>22586384
wealthsimple is superior for meme trading because if you're throwing around four or five digits of fun money with frequent trades a fixed minimum comission sucks

>>22586359
Here's the gameplan
>You tell me 5 differ5 stocks you're holding
>3 are most likely shitposts
>1 out of the other 2 are worth doing serious investigating

So i Actually am reading, I'm just checking what my landfill site is focusing on. YOU have the autism

>>22586394
Nigger I don’t understand you because you’re making no sense. Companies PAY THEIR SHAREHOLDERS with dividends from THE COMPANY’S CASH HOLDINGS. Has nothing to do with share price. Fuck, unless you bought the shares at IPO you’re not buying them from the company, you’re buying from other investors or institutions. Company’s don’t control their share price. They do control their dividend and any good company will choose to pay people for holding shares of the company.

>>22586020
The dividend yield is of little importance when evaluating growth companies because, as we discussed above, retained earnings will be reinvested in expansion opportunities, giving shareholders profits in the form of capital gains (think Microsoft).

>>22586452
you convinced me im literally going all in on dividend stocks

>>22586384
Thanks m8
>your bank since even if it's a shitty $10 per commission, at least you can open up a USD side, do norbert's gambit to avoid exchange rate fee,
Nice thanks for the info, google was not helping.

>>22586449
This

>>22586254
Go with questrade if you have more than 10k, otherwise go with ibkr until you have 10k and bail as soon as humanely possible.

>>22586397
PS5 showcase seemed pretty cool, dunno how many of those are actually console exclusives especially after that hilarious shit that was
>PS5 exclusive*
>*Also available on PC

The consoles are AMAZING price-performance since they're all AMD Zen 2 sold at a loss, better than a budget PC. But I'd still rather just build a PC since I don't want to pay fucking $70 for a game.

>>22586452
seething.

>>22586450
you lack the knowledge and information to differentiate good stocks from bad stocks and assume Gamestop is a troll pick because it sounds farcical on the surface

>>22586452
I'm not going to go back and read that shit but it sounds like he's talking about the theoretical fair value of a company being reduced when it pays a dividend, which is true by the way.

>>22579694
That blows. It would suck even more if that ended up happening tomorrow and the so called leak purposefully said it a day early so that he could btfo people who bought in and sold the next only for the annoucement to come that day. Doubtful though. Odds are it was likely a pump and dumper (the kind the sec goes after kek there was an anon trying to pump his bags at one point and didnt shut up with likely lies and some anons likely reported him to the sec). Or some anon who bought high and was trying to pump his stock to offload it on other anons. I rarely take financial advice from people here and if I do they need more info than "just trust me bro" otherwise a small maneuver that wont blow my account up and would result in a loss likely less than $50 but with the potential of huge gains.

>>22586452
Dividends literally reduce the fundamental value of the company.

>>22586036
Nighty night Bob Ross. Hope you dream of cataclysm.

>>22586511
I do

loaded up on Apple calls before the close

I’m gonna make so much money tomorrow lol

>>22586385
>>22586404

I'm reading the book for historical context and to learn more about the stock market through time as opposed to wanting a framework for my own game. I'm an engineer in tech so it's easy to be on the "tech is the future, all-in" side so it's beneficial, in my opinion, to get the opposing view. I don't believe we're in a bubble comparable to the dot-com one; however, humans are predictable and behaviors are limited. Hedging more often can and will be valuable. We (those in software/hardware) development don't even know exactly when the tech future we envision will come. It can be in 10 years. It can also be in 100 years (not due to lack of innovation, but politics and so on).

>>22585502
I bought WKHS with $30k~ a few months ago that is now $200k~. It became nearly 50% of my portfolio. So within 12 days they will get the USPS deal or not, sending them even higher possibly. If not, they dump and I'll just fucking

I got on the horse around $14 with all the speculation about reaching $28 from positive contract news. Now that It's reached that price with no real news, seems like mostly hype over speculation I sold down to 100 shares. At this point should I be looking for big dips if I think the contract news will send it up to or even past that $28 level again, or is it time to find the next short/medium length play and I'll just hodl on to those 100 horse shares until after the actual contract news?

>>22586474
I’m not a dividend chaser, I don’t care about dividend yields, im only saying I’m not going to invest in a company that won’t pay its shareholders. Why hold a pure growth stock for 10 years and not get paid while you hold it? What if the company takes a shit and loses everything? If that happens to any stock that does pay a dividend, at least I’ll have the 10 years of divvies to show for it

>>22586491
PC games will be $70 too.

>>22586534
A company that will never pay dividends has no fundamental value

>>22586449
yeah but you're limited to Canadian picks unless you want to pay that horrid exchange rate fee every single time, i mean what the fuck do we even have?

AQN (utilities with good growth) is maybe the only thing of interest to me since the only thing left in our exchange is gold, oil/natural gas, REITs, banks. None of those that I would ever bother with. Some interesting penny stocks like GSI.V I guess but that's all. Oh apparently OSS.V mooned recently too what the fuck. The two penny stocks I touched and I sold too early.

>>22586536
but in this case you're wrong, the knowledge you lack is an understanding of the concept of a "short squeeze" and the information you lack is the facts that
>gamestop isn't going bankrupt any time soon
>the short float is >100%

>>22586284
If the combined commission is less than $1 then keep going if you want. Otherwise, >>22586485
If it's less than $1 you're probably not making any money whatsoever. You should also make sure to double-check because less than $10 per trade at 1.5% (per direction) means you take positions worth less than $334 assuming you break even on the basis of the underlying, diminishing the more profit you make. If that's the case you're not trading big enough (or your account is ~$1500-5000).

>>22586534
It's priced in.

>>22586450
Just in case you aren't baiting:
Look into NAK (Pebble Mine story) and seperately the SBE-chargepoint merger, your time on both of these is short though.

>>22586565
kek, you know full well why that doesn't matter

I shifted into Chinese stocks for the time being. They remain much more stable than US tech for now and I will switch back once US tech has something resembling stability

>>22586562
Bro just sell half and enjoy the ride, come on. I mean do what you want, but if it's a literal life and death situation just hedge a bit and go cash.

Good job on investing in WKHS by the way.

Just put $1000 into GME boys

>>22586563
>>22586589
Growth companies outperform dividend companies. Fact. Growth companies turn into dividend companies when they stop innovating. Real wealth has always been built with growth companies.

What do commies and trannies have in common? The only good one is a dead one

>>22586592
True, but I never said I was going to act without doing more research you just assumed that without reading my posts

>>22586534
By that logic companies that pay employees are losing fundamental value. Retard. A company that doesn’t pay a dividend has NO fundamental value

>>22586608
Will do, thanks

>>22586660
Share price gets adjusted by dividend value retard.
>dividendtards once again show they know nothing about stocks whatsoever

>>22586649
you asked for a $240 yolo why in God's name would I expect you to even google the company

>>22586589
It's all contextual. Dude dividends aren't usually the best indicator of a company's health. The only time it can be really telling is if the company has a history of stable good yield dividends and then its cut.

These aren't interest payments, so these types of payouts all depend on the type of company being held. If its growth/tech stocks, divvies aren't really important in fact they can be sometimes undesirable for long term holding if the divvie was for some reason going sky high lol. (Reinvestment is better)

>>22586620
smart man, Chinese stocks are the future and its also a good idea to convert most of your dollars into Yuan just in case

the U.S may be a sinking ship but that doesn’t mean all hope is lost, just invest in China and remain calm knowing that your investments won’t get obliterated in the next financial crises

>>22586660
>what is Amazon

You retards need to read Peter Lynch.

>>22586660
literally yes, if you could replace your entire workforce with bots and drones you would save immensely and become a dominant player in your market overnight

this is why big tech exists

>>22586660
Using the term "paid" is extremely misleading. Your simply being redistributed profits though USD or whichever fucking gay currency you wanna use, instead of the UNDERLYING SHARE VALUE, I CAN'T WORD IT ANY OTHTER WAY FUCKKKKKKKKKKKKK.

>>22584106
>AND IN THE DARKNESS BIND THEM

(buy Palantir next week)

>>22586677
Because everything on this site is satire and only a fool would believe any information on here.

>>22586686
>Yuan
Lmao
Dollar and gold it is. Im not touching their filthy currency. I just see more short term potential and less connection to the dropping US economy begging for a stimulus.

Microsoft could cure cancer and QQQ would take it down.

>>22586639
Growth companies do pay dividends. Your idea of a “growth company” is meme shit like TSLA or ARK fund companies that are going to get absolutely wrecked soon.
Again I’m not shilling pure dividend stocks like MO or T, you can have growth AND dividends. The biggest difference being that years of growth can get evaporated in one bad market week, so I at least want dividends on my stocks for some guaranteed income while I invest in the company

>>22586676
Thank God, finally somebody who knows HOW A FUCKING DIVIDEND WORKS

>>22586511
>assume Gamestop is a troll pick because it sounds farcical on the surface
kek it's really the funniest shit ever

i'd never thought i'd be holding fucking GAMESTOP either

>>22586735
You are an absolute fucking idiot.

>futures

>>22586727
Not true.
The anon's here have given me some good tips. Obviously you need to do research, but you get way more here than you would on fucken Reddit or the TV.
Plus it's way more fun. Shitposting helps ease the anxiety of making risky trades, plus most people here are pretty redpilled about the state of the world.

ME CANT BELIEVE HOW WEAK THESE FUTURES AM AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHAAAAAAAA

what the fuck is happening

>>22586639
You get that there are literal ponzi scam companies that will never pay their investors dividends out of principle right?
Google or Berkshire Hathaway for instance never paid a dividend and never will
Those shares have a fundamental value of nothing
Im not talking about new companies that dont turn profits yet, but have a good chance of doing so in the future
Im not talking about amd not paying a dividend in a temporary phase of massive growth to reinvest instead
Im talking about scam that normies are too stupid to understand

>>22586735
It is not income though. It values being re-distributed from your underlying shareholding, then given to you in a new form of value, the USD currecny.

This is divvies 101, it isn't fucking income god dammid.

I'm holding UVV bags and the ex date is october 8th. I am doing this trade thingy the right way fellow 4channelers?

>>22586806
were tanking but fear not, the printer will keep us alive for another day hahhaha

China will topple the U.S. regime, this I’m certain of..

>>22586799
Believe it rat. Now bend over.

If NASDAQ breaks the 50DMA what should I sell and what should I hold

>>22586785
First you take me too seriously and then you try to tell me about memes when you clearly have sense of humour. You got autism

Kek willing I won't be assigned on my SPY $329 puts

>>22586835
Why do chink apologists exist? They can't even make a modern turbofan domestically. They're so corrupt they build out of tofu and styrofoam.

>>22586806
jpow confirmed doompaul. You should have listened.

>>22586855
You do understand that this entire board is powered by autism right?

>>22586312
Thanks!

>>22586819
You are quite literally, never going to make it because you don't understand securities.

>>22586251
OY VEY MY SON IS GAY

>>22586313
>>22586369
>onlypretending.jpg

>>22585337
It already tried and failed

>>22586842
NUUUUUUU PLS GIGA CHAD NO ME FRAIL SICKLY BOOTY NUUUUUUUU

Lol at idiots still falling for and defending dividends here. Never improve smg

>>22586868
Yea I hear that a lot and yet the chinks continue to excel in all areas, military, economically etc etc

cant wait for the gme squeeze

>>22586879
There's high functioning autism and asperger's and you have the latter

>>22586397
Been like this for 20 years. At least in the 90s we could copy games to data CDs to give to friends, or use magicdisk to mount ISOs ripped to some external. Back in the day, expansion packs were controversial and PC gamer ragged on them for years until they got on the dole.

>t. Ancient

>>22586806
hones tally bizzare how it keep dump and pumping and dumping

me nevery every seen nething like this

>>22586927
have you tried not getting all your information from China Daily?

>Futures
And the dump continues

What did we learn these last few weeks, Anons?
For me personally, I found out I was too greedy. Too much leverage, too much risk, too much hope based on the Fed and the government. At the end of the day they can not hold up a market forever.

Now I will try to better myself.

>>22586964
To be fair, I think he actually gets his info from China Bi-Weekly, not China Daily

>>22586903
>I may not have the right to get profit from my investment but i still own it

The only discussion that needs to be happening in this thread is why hasn't everyone gone all in on GME yet?

>>22586660
>What's fcf

WHAT THE FUCK IS GOING ON??????????

>>22584214
CLOSE TO THE EDGE DOWN BY THE CORNER DOWN AT THE EDGE ROUND BY THE RIVER

you guys DID load up on sqqq calls for tomorrow right?

>>22586997
>>22586997
>>22586997
>>22586997
>>22586997
nice try fags

>>22586984
Cause I'm a NAKger

Okay, this is going to be a stupid question that I can only ask here

Which is safer in a crash, cash or Gamestop?

New
>>22587009

>>22587009

>>22587009

>>22587009

>>22587009

>>22587009

>>22586452
share price is literally based on equity. dividends directly reduce equity and the market responds to this. youre fucking retarded

>>22586949

Daily reminder that you invest for 10 years, not 3 months. If you think you wouldnt want to hold your assets in 6 months, or desperately need them to hold 80% or you get the call, then do not buy these assets

>>22585929
Look dumb dumb. What you say is true. So you're not actually dumb. But eventually a company has to pay its owners. It can't just keep growing forever. So if it does not pay its owners it's just kind of a game if musical chairs until it crashes and sells off. And when that happens it does just freeze it's market cap, liquidate, and distribute money. The shares will collapse. So yes you are right. But see past that paradigm. Also realize the large share holders want to create cash flow for themselves. Yolo on growth might be a good strategy for a pleb. But not for the whales

>>22587035
Who's actually investing here? I'm gambling so I can afford a house.

>>22587225
Me. That's why I am concerned and mildly frustrated at this dip... but I'm not panicking and freaking out about it

>>22587035
>Dude, use the same strategy for EVERY market condition!