/biz/ - Business & Finance

First

Have any of you ever purchased shares on the Hong Kong stock exchange?
I wanted to buy 30 shares of Tencent (700) there instead of the OTC traded ADR (TCEHY), and ran into some issues. I know the exchange is closed now, but I wanted to place the order now, since I'll be sleeping when it's actually open.
I'm using Interactive Brokers and received the message "Order size is incorrect; it should be a multiple of 100".
Can I actually not trade less than 100 shares in Hong Kong?

Brutalized anime women turn me on

is this why we saw a spike in RKT?

>>22961403
Never thought I'd find an image that represents my current situation. Lost 2k made back 1k. Dying but not dead.

I love you /smg/

>>22961403
WTF! Ami would NEVER do that! She is PURE! PURE! Delete this!

>>22961403
Why are these girls all beat up?

business idea: everybody has to take an IQ test when they turn 18. people who score below 100 get culled

Repost from last thread for those interested
Fail to deliver data for the first half of september has been posted by the SEC
FTD means the share was short sold without arranging a borrow beforehand, i.e "naked shorting"
https://www.sec.gov/data/foiadocsfailsdatahtm
9-1 310,668
9-2 917,224
9-3 783,719
9-4 1,048,386
9-8 556,234
9-9 252,787
9-10 630,799
9-11 431,853
9-14 398,676
data taken from: https://www.sec.gov/data/foiadocsfailsdatahtm

what's interesting is we've been on threshold securities list starting 9/22 which means (0.5% * 65.16 = 325,800) five consecutive days of over 325,000 shares failed to deliver should have started 9/15, but instead go as far back as 9-10 (even earlier if not for the small drop on 9-9)
for contrast in the previous month of August the median number of FTD was 20,201 the minimum was 415 and the max was one outlier of 347,372 (next highest number was 70,632)
Makes me think that for the second half of September the true numbers were 1M + shares a day FTD

After 13 days (at the longest) naked shorts have to be immediately delivered via market buy per regulation SHO

when we hit short interest > shares outstanding there was a lot of speculation whether or not this means there was naked shorting.
The S3 guy argued no: https://www.shortsight.com/short-interest-of-float-2-0/ it's just there are more shares floating around because each short sale "creates a new share" so to speak

The SEC data seems to suggest otherwise. If my hunch based on the first half of September is right, then were talking 10-15 M shares naked shorted. That's basically the entire growth in the SI and a fifth of the public float

>>22961437
>9/30 date
yeah the market didn't check the news until now

Still not ready to buy puts on PZZA yet but I did make a few hundred bucks on my GME put.

Waiting for PZZA to creep back up to 88 and will buy puts from there. My calls from 82 on PZZA were cashed out this morning a little early.

In total made around 550 bucks. Will be spending 50 bucks picking up a streetwalker and the rest will go into SCHB.

Good luck to everyone!

>>22961403
Will someone figure out if we have stimulus or not? This crab needs steamed

>>22961449
Because OP is a faggot!

>>22961436
we know RKG

>>22961453
100 is the average score. You do that and you will raise the average score dramatically

What the fuck PLTR. I have 225 shares

Bearish?

Prise be to KeK for increases in RKT, LMT, and QLD

>>22961468

Based homeless fucker anon. Stay safe friend

>>22961439

>>22961441
She seems nice

>>22961431
i dont think you're going to find anyone here who trades on foreign exchanges with how absolutely fucked the commission costs are

ETSY and DECK killing it

>>22961464
explain to brainlets how to profit from this?

>>22961431

Never traded HK specifically, but some market makers won’t trade in odd lots. If your broker doesn’t route through multiple market makers, you might be stuck buying even lots.

>>22961468
Good to see you again crack whore sociopath anon. Anything exciting happen to you in the last couple of days?

Options not working for anyone?

>>22961481

Imagine being such a shit you can't even kill yourself correctly.

>>22961476
>You do that and you will raise the average score dramatically
That's the fucking idea

>>22961409
It happens in pneumonia and you dont shut the country down over it. it can happen with any pulmonary/respiratory disease based in various factors having to do with the patient. fucking idiot

>>22961470
I can almost guarantee there's not gonna be a stimulus.

>>22961507
I mean... it WAS successful

>ssss
>pltr

GME AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>22961503
yeah options market lost power

>>22961499
it means chances are good that the GME rocketship flies Friday/Monday

No guarantees though, JPM could always pull some sort of fuckery

>>22961499
priced in, GME holders going to be disappointed

>>22961497
its dangerous to go alone take this

>>22961537
Le sigh

>>22961501
Yea I've been driving around very late for the last two nights just to see if I can scout out newbies and sure enough I see these two white girls I've never seen before just sitting on the sidewalk smoking and drinking. I still haven't approached them yet, just watching and studying to make sure they are in fact alone and aren't affiliated with any drug dealers or pimps.

>>22961503
On the right companies they are but majority no until crab goes away

>>22961439
I'm down 5k 50% since April. No more leverage. Time to adjust my strategy.

>>22961539
I hope so, as is I bought the top

>>22961528
uh, no it wasnt

>>22961493

You never really trade foreigns because the spreads are really fucked on most, you mostly just invest in them. Only real way to trade without getting fucked over in liquidity is through sponsored ADRs.

>>22961431

Depends on the exchange rules, sometimes you have to buy by even lot aka 100 shares per or in certain price increments. You're better off buying the ADRs then calling IB to get them to force a conversion since it's required by SEC regulations, which even then they're going to slap a conversion+fx fee rate on top of it.

Money printer go BRRRRR

I fucking hate yaya from true bill

>>22961568
ID: FaggyQueefy
based

BROS QUICKLY BUY TENCENT STOCKS

>>22961568
Tonight's the say you make the move. Bring them home and bathe them while whispering "daddy's gonna take care of you" in their ear.

>>22961528

Was that suicide or David Carradine choking?

>>22961481
What PS2 game is this?

There is no reason for stimulus gibs when lockdown is over.

BABA

>>22961568
>>22961620

Who the fuck is dragging down the EV sector? WHOOOOO RAISE YOUR HAND RIGHT NOW!!!!!!

>>22961629
Like I said I'll probably study them for a few more nights before making my move. I have to choose which one I want though, so I'm probably going to offer them like 10 bucks for an interview in my van first before I go through with anything.

Also just a little update, the fiends this morning are particularly disgusting. Hopefully they are responsive and aren't completely blitzed out of their minds lol

What's the play for GME and video game stocks during the console release date?

>>22961403
Interesting note about the currently mooning BBBY

>Most probably there are many common shorts between GME and BBBY. Those shorts are bleeding now...let's see how long will they manage to keep the positions.
>The positions held by Melvin Capital Management could be a good indicator. They had 34k puts ~ 3.4m shares for GME and 28.3k puts ~ 2.83m shares BBBY.

>>22961705
What shithole do you live in, where there are this many crack whores?

>>22961722
america

>>22961722
looks like northern florida

>>22961705
I don't know how you do it FaggyQueefy
I don't think I'd even be able to get hard

>>22961736
Can confirm
>t. lives in Jacksonville

>>22961717
Buy low, sell high

>>22961705
>I'm probably going to offer them like 10 bucks for an interview in my van
Please tell me you have a creepy blacked out rape van. I swear your story gets more fascinating every time you are here.

>>22961731
based and truthpilled

>>22961719
>+33%

>>22961738
that sort of thing goes way beyond how they look anon

when do you think amazon will do a stock split?

just cashed out of crypto today after bagholding like a retard since the 2018 crash. up 13%.

what stocks should i get now

I'm voting for Trump.

>>22961757
yeah they trounced earning expectations today

>>22961773
All in FNGU

>>22961773
should've bought the GME dip better hurry while it's below $10

>>22961736
You used to be quite the degenerate, I'm sure you know the hotspots where you live.

>>22961763
Never, Bezos doesn’t want to pay out divvies

>>22961722
I live in San Diego but I regularly drive to L.A to fuck streetwalkers, dope whores and prostitutes. L.A is my personal playground and just as an FYI I would never do this shit in San Diego, I don't shit where I eat..

>>22961751
I'm starting to really get invested in his posts.

>>22961403
Do you guys like hire a broker to invest for you? Or is that all dead now?

This motherfucker is ruining me

>>22961773
Buy NAK now

>>22961552
You really think orders for 10 million shares at market price over the next 2 trading days is priced in? The total volume the last few days has been like 6 or 7 mil

xom puts PRINTING

>>22961493
I think the commission is less than 2$, so for a long-term hold it's not exactly the world.

>>22961500
Maybe.
I think I saw a comment somewhere that especially Asian markets don't play nice with odd lots.

>>22961591
>You're better off buying the ADRs then calling IB to get them to force a conversion
Yeah, if I can't buy it that easily, I'll just default back to the ADR. I just figured since Tencent is not traded on the official exchange but only OTC, and I might want to open a small position in some other HK companies too, I would try to buy shares in Hong Kong.

Anyway, I hope that's not also going to be an issue should I ever want to buy European stocks.

Wtf nobody told me making AAPL calls during the dip that are set 3-12 months out was actual free money

>>22961807
>paying for a magic 8 ball when you can use /smg/ for free
couldn't be me

>>22961792
OK this one at least looks somewhat relatively clean

>>22961807
We're your brokers now, fren

>>22961807
WHAT
THE
FUUUUUCK
IS A BROKER????????

>>22961773

All of them

>BLNK has been on a week long rip
>it still has another $2 to run before any pullback
>people still aren’t buying this
Lol ngmi tbqhwyf, totyaf

>>22961744
DUUUUUVAAALLLLL

>>22961807
People stopped doing that when they figured out big funds can't beat the market. Then the funds claimed they would shine when the market is going down. Then they didn't and everybody bailed completely

>>22961807
Trusting other people, couldn't be me fren.

SPY 345 EOD pls

>>22961719
They could unironically squeeze sooner than GME because the lower short interest means their float is actually much more restricted thatn GME right now.

>>22961841
Everytime I see the word Duval that shit rings in my head DUUUVAAAALL. It's a disease hah

>>22961403
HOW DO I BUY US OPTIONS FROM AUSTRALIA

>>22961792
do you have a thing for that type, or is it because of the discount?

>>22961853
NEVER
E
V
E
R

GONNA
O
N
N
A

LEARN/
E
A
R
N
/
HAPPEN
A
P
P
E
N

>>22961846
I want a Belle GF.

>>22961807
No, I would probably be better off if I did, but the thought of somebody else managing my wealth doesn't sit well with me. Also, not all wealth managers have a fiduciary duty to act in your best interest.

>>22961519
If a student was confirmed to have pneumonia my high school would close down to avoid it spreading. Why do you act like that's such a problem retard.

>>22961840

Bought at 9, sold a 12.50c oct 16 today.

>>22961871
>buying pussy full price

>>22961794
I'm almost 100% sure that we are gonna see him on the news eventually. Pretty soon having sex with them won't be enough and he'll start murdering them with some weird twisted idea that he is releasing their tortured souls to heaven or something. I'm waiting for him to start posting dead prostitutes.

>>22961863
I don't know but have you checked out the app "Superhero"? It's supposed to be the Robinhood of Australia or something

>>22961853
they just had an early catalyst in the brutal earnings beat
consensus estimate was -0.23 EPS whereas BBBY his +0.50 EPS

>>22961792
Man even id fuck this one. You are without a doubt my favorite poster on all of 4chan I hope you get a nice one today

>>22961840
Gonna wait for a dip, not buying the top right now

>>22961901
yeah from what i can tell its just for buying shares, not options

I’m scared. I think I know how this episode ends

>>22961449
They listened to /biz/

>>22961898
I just buy em drinks usually, idk

>>22961900
Pure fucking gold. Has he ever posted his van? Is anyone screencapping this?
Reminds me of the BASED grave robber.
There was a whole thread about his side hustle.

>>22961900
checked for dubs of the void

>>22961815
there are arb players that sniff out these situations and take advantage. wouldnt surprise me if GME went the opposite way of what you expect

I don't like what the chart is painting for us bros. I see a real possibility of us going back to the $320's on SPY before us breaking $340.

>>22961468
You’re my favorite /smg/ poster. I wish you well

what's with the massive sell wall at 35 for horse? what is the point of that?

Looks like we are getting a stimulus. Can’t believe those cucks are babying us like this.

>tfw bought 3x bull etfs
man this shit is great

All in.

>>22961792
Ok this one is kinda hot, story?

>>22961948
I want to read that thread.

>>22961960
$35? for a horse? thats worth it for sure BUY BUY BUY

Come on PLTR do something.

>>22961970
holy shit you absolute madman

Hi Frens. How's it going? Anything I can do to help you?

>>22961962
Bullshit, source

>>22961481
Looks like a melted candle

>>22961970

>>22961963
which ones, fren

>>22961970
Holy shit.

>>22961952
You could be right and the random pumps all week could have just been the severely underwater shorts covering

>>22961991
Yeah can you tell me why VXX and SPY are both going up?

>>22961902
Exactly. Shorts are fucked since we're coming up to Christmas soon

Look at the institution ownership as well. The float is very very restricted right now unlike GME which has basically 66 EXTRA million shares floating around right now

>>22961991
whens the next dip

>>22961792
Fucked up but interesting. This one looks a 1/4 decent.

>>22961886
Just gotta make it fren.. there will always be 18 year old ethots to harvest even you are rich and wealthy

>>22961991
Be gone pesky bobo!

>>22961468
pls post most attractive cracker you ever pulled

This GME dip is worrying.

What's projected to happen on Monday? I'm doubtful that it will moon because of shorters that's not really how it works. November is the real goal anyway but if I could buy in at $5 like before that would be really fuckin epic

Horse puts?

>>22962088
you missed entry for those, i'd wait till the next big green

Are the Amazon and Kroger rumors true?

>>22962085
Just set your mental stop losses.
I have a price alert at 9.50 for me to heavily reconsider GME. It is not going to squeeze all of a sudden until short interest decreases closer to 50%

>>22962020
Well I can tell you that one is going to dump because of it.

>>22961827
The clean looking ones get fucked more and therefore are a high risk as well.

>>22962085
$9.80 today was the dip you missed it. If it goes down to $5 then it will be done the bears won

>>22961970
Lmfao
He uses Robinhood. You have to go back

Fuck I've been holding some SQQQ for like two fucking weeks now and I'm finally in the red.
Lesson learned: don't long term SQQQ

Save my lunch money, bobo!

SSSS bros...

>>22961963
lmao what a pig

UNTY Unity bank expansion and free govt money influx announced soon, volume pretty bound up currently, guy I work for with double digit percentage shares is going to ride it up and bleed off his shares, but the pump is guaranteed. Ive put my last two paychecks into this

Did NET just break ATH?

Hey biz. I'm trying to learn DD and stock evaluation. BTU is at an almost all time low because a judge just blocked a joint mining venture they had in the works.

their financials look really bad from what I can tell but coal might bounce back for the mid term like oil.

Is BTU going to 0 or going to 3x in 6 months?

>>22962058
Damn, maybe I should actually start trading stocks...

>>22962085
>This GME dip is worrying.
First day? it dipped to $6 at earnings
>whats happening on monday?
see >>22961464
no guarantees of course, big boys have many fucky tricks. I'm holding until November unless the squeeze triggers early unexpectedly

is PLTR just a meme

>>22961820

>Yeah, if I can't buy it that easily, I'll just default back to the ADR.

No, as in you can get the foreign shares by buying the ADR and ringing up a broker over at IB to ask them to trade in the said ADRs for the shares. Depositary bank has to honor it, but you will get hit by the share conversion and any fx fees in relation to doing the converting. I personally buy and hold some international stocks, mainly european. Most of the world are pretty backwards on how their exchanges work in relation to US.

>>22962131
>reddit bros

>>22962113
I was just about to say, I'll be watching because if it goes down to 9.50 it absolutely will be going lower. But it's only been hovering 20¢ below 10

>>22962122
Those bears won't stop the inevitable moon in November it just means I could buy in at $5 which is exactly what I missed. I would rather sell than get hit with a drop like that on Monday. Infact it seems more likely that it will drop to $50 by next week than jump up.

>>22962020
Two enter one leaves

>>22962140
45.28 is ath

Where my chad RKT bag holders at?

Pretty fucked up if they don’t pass a stimulus. 70% of small businesses are permanently shut down, but their shoving down our throat that the economy is recovering because Marv Shekelstein is doing great at Globoco

>>22962027
Soon
>>22962062
Pic

>>22962108
no I fell for this once

>>22962113
If this is how you feel about GME hovering around $10 than you aren't cut out for this trade. Honest to God just sell and dump your money into SPY or something.

>>22962177
When /smg/ refuses to talk about it, that's when you should be greedy

>>22962177
>secretive data collecting tech firm
>haven't post earnings
>majority of business is done by government contracts
Pretty much. There really isn't much for investors to go off of to warrant a rally.

>>22962209
Reporting In

>>22962177
it's not even a good meme

>>22962177
> PLTR
Planters Peanuts is really taking off lately.

>>22962218
THEY ARENT PASSING STIMULUS YOU ARE SO RETARDED HOW DO YOU STILL THINK THEY MIGHT
THEY ARE OVER 1 TRILLION IN DISAGREEMENT
RETAAAAAAAAAAAAAARD

>>22962177
No it will eventually hit $100 in 2-3 years

VXX CALL MOON MISSION IS GO FOR LAUNCH!!!!

>>22962209
Hello. I have 33 in RH too

>>22962231
Never bet against America.

>>22962209

Been holding since IPO day at 18.50.

>>22962222
Nooooooo!!!!!

>check portfolio
>still hold CLIS
kill me

>>22962020
probably something to do with this. current month in contango with the election, nov contract in backwardation. vol is gonna be interesting over the next couple of months

>>22962218
IT's small buisnesse's fault for being so small, why don't they just grow and become larger buisnesses so they can better withstand these events?

Need more streetwalker posting

>>22961403
does anyone here trade SPY options? on a short term swing basis? whats your strategy

>>22962232
>>22962258
>>22962265
Based. I think long term this could go north of $50 a share. It shouldn’t be this low for how large the company is.

>>22962222
imagine believing this when all technical and fundamental analysis says otherwise. Do you even have short positions or do you just like trying to be contrarian?

>>22962304
yes, i just sell short term out of the money calls every week. it tricks my brain into thinking i'm a winner even though i have a long-only portfolio

>>22962225
thats fucking retarded. If GME dips down under $9 again then there is obviously something going on that you need to reassess. Dont baghold like a retard

Im also holding off on averaging up now and keeping my cost basis under $8 because it's very clear people are getting too greedy for a """"short squeeze"""
DDS and BBBY are better positioned for that gamble right now

>>22962269
>-0.02 cents
>down 49%

fucking kek

>>22961792
They probably fuck like their life depends on it. Post some best of crackwhores for the lulz

>>22962272
Wait a minute. I actually understood this post and it makes perfect sense.

>>22962251
every time i buy VXX calls i end up losing hundreds of dollars

>>22962263
I need to re-watch that series.

>>22961821
I bought a Jan 2023 105C on AAPL when it was $105. I didn't know "investing" was this easy.

>>22962218
What’s the stimulus help small business with anyhow?

>>22961792
Post more of this slag

>>22962385
I believe the government is issuing 1 bullet to all small business owners

>>22962269
Yeah what happened here? Down $80 (60%). It held at .07 for months then all of a sudden it went bull shit. At this point it's worth more for me to hold until they bounce back or just lose it all.

>>22962307

It is definitely undervalued. Going 50+ will take time and will need some significant help. I think $30 is more reasonable.

>>22961464
Why do you bother with this shit? It’s the same thing as the bullshit with the COMEX silver shorting conspiracythat /pmg/ was so sure about. Either there’s a tender offer and share recall or there isn’t. The squeeze isn’t going to start on it’s own the same way silver isn’t going to go to 100 unless people honesty believe that inflation is going to go out of control. Not saying either won’t happen but the shorts always get away with the kind of stuff you’re trying to figure out.

my SQQQ calls are going to zero tomorrow. HOWEVER, is it a good play to buy some SQQQ calls in preparation for stimmy talks inevitably falling through?

>>22962385
idk about you guys, but pretty much all the true 'small buisnesses' are already dead.

>>22962405
Inline with what I was thinking. Nothing gets left to trickle down except for a bullet.

bros why is vix spiking suddenly

>>22962340
It's very simple, I'm holding until January. I won't be shook out. There is a ton of fud out there because they want to shake you out. This is a once in a generation trade and if it goes south I don't care because I have to take that chance.

>>22962442
*near me

>>22962460
Because were about to dump hopefully

>>22962442
Good,

I'll take a Walmart over some shitty small local grocer anyday

>>22962460
because the current spot is too far below the current month's contract.

>>22962307
Right now there is an enormous shift out of american cities and into the suburbs like no one has seen since WW2. RKT is undervalued as fuck. Hold till EOY at the minimum
>north of $50 a share
God I hope

>>22962483
This, also HD

>>22962431
>why do I bother checking the numbers and comparing my conjectures to available evidence
hmm I wonder?

Anyone buying SAIL?

I think horse is kill

>>22962327
do you own the underlying or wait to buy it if something ever happens? or are you counting on margin to save your ass if it spikes for some reason

>>22962483
they're going to get fucked by lending to black and brown people

>>22962435
you came this far, might as well buy into the sunken cost fallacy and regain your losses.

>>22962477
I'm new to biz, but even I think that's kinda dumb to have walmart have no competition what so ever.

>>22962477
was thinking more along the lines of coffee shops, bars and restaurants. Walmart killed all the grocers long time ago.

>>22962209
Here. In the negative, but not bad at all. 50 shares at $22.

>>22962385
idk, some kind of compensation for forcing you to shut down to save boomers and fat people

>>22962479
which means end of day pump right?

>>22962537
I doubt that rocket would try to repeat anything similar to 2008. Don't you realize that making contracts with people who will have trouble paying is exactly how they make money? What, do you expect them to give mortgages to rich white people? Those people don't take out mortgages

>>22962461
im not saying i will sell if it hits 9.5 but that i dont care about day to day movements until my price alert at 9.5 or 11 trigger

Just remember you must always have an exit strategy because gamestop can definitely go south e.g. 13D of Ryan Cohen selling off his shares
In which case you definitely want to take profits and buy back in later if you must

Gains are gains and itd be retarded not to take profits if things are obviously going south

>>22962535
IM ALL IN ON GLUE

>>22962511
It’s going to be interesting to see what you come up with next when Monday comes and goes and nothing happens.

GUYS PLEASE PUMP PALANTIR IT IS THE FIRST STOCK I BUY ON FIRST DAY AND IT IS ALREADY HURTING

>>22962587
kek

>>22962536
i dont own the underlying, but i own a shit ton of VOO. if the market goes down and the calls expire i feel nice since it was a short term play. if the market goes up big (and it would have to in order for the sold calls to cost me money to buy them back), then my long term VOO holding is also up big, also making me feel nice. mind hacks bro

Why is workhorse shitting itself

>>22962179
>mainly european
I'm pretty sure I can buy odd lot European stocks though, directly on the various exchanges.
At least I tried to place an order with IB and I got an error message about not having enough money in the stock's currency (EUR). When I try to do the same thing in Hong Kong, I straight get the error message about the order not being a multiple of 100.
Of course, there could be differences between various European exchanges (I tried Paris)...

WMT me up Scotty

>>22962579
There's a difference between trouble paying, and won't be paying.

>>22962598
I'll take the L and continue watching
I've always advised weeklies,l and I've always intended to exit my position by November

If they don't agree on stimulus were shitting the bed tomorrow right?

>>22961403
Why do people talk about wanting 8-12% returns? Literally what the fuck does that do? You invest 10,000 and get 800 WOOOOOO WOW then tax takes 200.

Literally 0 point.

>>22962660
advised against* oof wrote the opposite of what I meant
I have Jan and April calls

>>22962535
if it doesn't hold 24.50 it may get ugly

>>22962673
>You invest 10,000
some of us don't work retard-tier jobs

>>22962131

If you bought at 13 you're unironically fucked. Either sell and take the loss, or sell covered calls to get your cost basis down.

At 9, though, this is probably a good buy. It's a private equity fund that's been trading around 12, and is getting ready to pay a 25 cent dividend.

>>22962585
If RC dumps his shares it's game over. He is the only reason most of us got into this trade. I don't see him selling though.

>>22962406
I dunno, I've been away for a long while and forgot to get rid of this shit. I'll just hold for a dead cat bounce at this point

What is this line shape called

can any TA bros with their software take a look at SPY and tell me if they think its going up or down end of day? trying to decide on buying a risky short term call or put that expires tomorrow

>>22962719
saw tooth

>>22962697
Oh so you make 2000 a year then? And since you have so much money that’s a lot for you? Retard fuck off.

>>22962719
a nokia snake

>>22962737
My tea leaves say it's going down to 200.

surely ssss and pltr can only go up from here

>>22962742
stay mad (and poor)

>CLIS

wtf glad I only put $100 in this damn I thought 0.05 was the absolute bottom. I hope the reddit is full of salt though

>>22962763
I literally have more money than you and get 50% on my investments. ?

>>22962477
Walmart makes you wear a cuck mask and makes you wait in line to enter even though their store is fukchuge and never anywhere near full on the busiest days. You prefer that to normal shopping at a normal grocery store?

>>22962673
if I could make 800 extra per month that would be great for me idgaf about taxes until march then its time to get everything in order

>>22962791
No 800 per year.

Always bet on horse.

>>22962772
>I literally have more money than you

>>22961478
how about 1800
>ouch

Are we waiting for stimulus news? I read that there's like a 15% chance of them actually passing a stimulus bill before the election, so the run up today seems like "buying the rumor" before they end up announcing they came to no agreement and shit tanks overnight. I really want to get back on the FNGU/TQQQ train but today doesn't feel like the best time

>>22962719
Getting dicked by low volume

>>22962632

I mostly do Paris, Switzerland, but never really UK since they don't have anything I want over there worth holding. They do allow odd lots, however if you're intending on trading foreign ordinary shares you need to beware of liquidity and spreads, on top of fx conversion rates since some countries are not part of the eurozone and iirc EU has a short selling ban in place. Best of luck anon, international trading is the uncanny valley that even I'm unwilling to cross.

>>22962673
>Why do people talk about wanting 8-12% returns?
Because that's about what you get investing in index funds, it's pretty good, pretty safe and requires 0 effort.

>You invest 10,000 and get 800 WOOOOOO WOW then tax takes 200.

Compound interest. Investing 10k when you're 30 at 8-12% interest will turn into between 148k and 528k when you're 65

STOP FUCKING CRABBING

>>22962764
$120 only bro here, go mine salt for us

>>22962803
How wealthy is the average poster in this thread anyway?

>>22962511
Posts like this are why I'm in GME. I calculated my downside and held through earnings, it's in God's hands now.

Sunpower again pulls me green

>>22962802
oh hell no. for that Id rather go get a shitty part time job for a few hours a week then, or try to have fun like I am now and be more active with things

>>22962477

>buying groceries at Walmart

>>22962846
there's a wide range from what i've seen. i'm just enjoying watching someone come up with a hypothetical investment example of $10k and then try to brag about wealth

>>22962832
I don’t care about when I’m 80 tho. Apple amazon and Microsoft all went up around 300% the last 3 years. I could of tripled my money with no risk.

>>22962838
stop posting trannies

>>22962619
This anon solved the VOO/SPY problem, take notes.
For anyone who doesn't know, VOO has lower fees but SPY has more volume.

>>22962737
I just came to Cadey Mercury again and the cum splash shows me a bullish pattern

>GME losing $9.85 support
Bros, I don't want to be left holding bags.

>>22962888
You first

Is my annual return respectable

I just wish whoever spread the rumour about GameStop competing with Amazon didn’t compare it to fucking Amazon. All these FUD articles are using that as their basis. I guess the Amazon comparison makes it more exciting? Idk

>>22962304
I own some SPY leaps expiring end of next year. Basically a x7 leveraged SPY fund. I'm holding it for the next year, though, so probably doesn't count as "trading"

>>22961403
What's the next one? Who's going down for good when peloscuck fails to deliver aid?

>>22962925
This graph looks a lot line mine. It was an emotional few months, thanks to Coronachan.

>>22962913
Big boys are just shakin' out the weak hands!

>>22962913

Better start DCAing with your tendies money to prop it up anon.

>>22962918
kys

Spaq

>>22962913
If I could sell back at 10 I'll be happy to wait for the dip. I don't want to wait for shorters to give us a magic pump I don't think that's possible.

>>22962925
>massive spike then crash in august
Lemme guess, NAK?

>>22962913
Look at the volume

>>22962925
any time you beat the S&P500 you're doing great.

>>22962925
oof that peak looks like it was pretty high there fren

>>22962913
>>GME
don't worry I gotchu on the next version of this >>22962944

If you bought BBBY sell now.

>>22962605
Oh okay. Let me just pull out my $200 million to fix your mistake you fucking weak handed pussy

>>22962673
Im a leaf. My gains are tax free and withdrawls are tax free. So fuck you

>>22962850
Youll be fine unless you averaged up greedily at $11
Too bad for anons who FOMO'd in on green days thinking it was a short squeeze.

People keep forgetting the "real" amount of shares right now is around 132 million, not 65 million. Not ideal for a short squeeze at all

>>22962605
>palantir
Does the dark lord speak to you as he does to me, anon?

>>22962719
Low volume.

>>22963045
Nah, fuck off, it had its chance to shine. It fucked up

>>22963036
>My gains are tax free and withdrawls are tax free
is that a special type of filing/account? how is that possible

>>22962885
>I could of tripled my money with no risk.
did you?

The reality is that everyone here should only be picking individual stocks for fun. the bulk of your investments should go into mutual/index funds or if you really want to bet on a sector (like tech) then invest in ETFs.

Starting boomer investing early in life and living frugally is the fool-proof way to obtain wealth. everyone wants to think they're the except to the rule but we're not. do the work and get good if you can, but realize it'll be a massive time investment in an effort to beat the market when you could invest the time differently and still make 8-12% returns.

>>22962925
doubtful you can keep that kind of return in the long run 25+yrs

>>22963036
What bank did you choose? I'm using TD how do I get the zero tax hack you have?

>>22963045
>palantir

>>22963107
>how do I get the zero tax hack
It's called "don't pay tax"

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>22962957
Okay homo

>>22963097
I simply do not give a shit about my life at 65. Id rather be on disability or dead by then

I don't know why a single person in planet earth would but stock under the assumption that a stimulus would get passed unless they're specifically making a risky gamble. There's no way stimulus is making an impact on the market right now.

>>22962925
Alpha is good, beta is shit.

>>22962822
I'm Swiss, so whether I have to convert CHF into USD or EUR doesn't make much of a difference to me. The commission is slightly larger in the European market, but by maybe a dollar or two.
I also intend to mainly hold long-term, so bans on short-selling aren't a huge issue, and the European stocks I might want to hold are big enough that volume shouldn't be a huge issue. In particular, I was looking at Kering (KER) which has an average daily volume of 170k. Far below any bigger US stock of course, but not an issue for longing stocks for months or years.

>>22963158
>unless they're specifically making a risky gamble
Bro where do you think you are

>>22963152
This, spending 40 fucking years working in a corporation just so I can rot away once my mental and physical faculty has vanished isn’t appealing. I’m either making it by 27 or suicide, there’s no in between

>>22963090
TFSA

Max contribution around $50-$70k maple dollars for most people in their 20s which is perfect for poorfags here. Can contribute another $5k or so yearly until it gets abolished by idiot liberals eventually

Almost makes up for living in Cucknada

>>22963116
only on the chans can you find a 76% of ppl schizoposting about the advances of our Orwellian society and how shit consoles are, then find them short on Orwellian tech and long on Gamestop in the markets. most excellent.

>>22963090
>Tax Free Savings Account allows a holder to contribute up to $69,500
>each year contrib. room increases $6,000
>all withdrawls and gains are tax free

Will the gov't let this account stand the way it is? HELL NO. The gov't will come attack this structure in the coming years/decade because of existing/new welfare programs

>>22963158
People are dumb as fuck including institutions and fund managers.

>>22963178

New thread

>>22963189

>>22961792
I would

>>22963107
you need to open a TFSA you can trade options, stocks etc in there. Even hold USD. Dont trade in CAD. Hell dont trade anything on the TSX unless you are doing something like the Smith Maneuver. Im not sure you can hold US stocks with Smith Maneuver

>>22963221
Nope, shitty thread

>>22963191
But the play is to always do the opposite of what 4chan tells you todo

>>22963152
>I simply do not give a shit about my life at 65.

>>22963178
>I’m either making it by 27 or suicide, there’s no in between

Jesus, how young are you guys? whatever I guess, godspeed retards.

>>22963257
>>22963257
>>22963257
>>22963257
actual new thread, eat shit CLF shill

>>22963221
Ignore this retard who only loses money.

>>22963184
>>22963193
thats fucking awesome, honestly surprised they would leave you a vehicle for growth like that , but use it while you still can

>>22963221

Fuck you

>>22963178
As a 31 year old, I can tell you the last four years have been the best of my life. Make choices that your future self will thank you for.

Or don't, and kys. The world doesn't really need more zoomers anyway, especially old ones.

>>22963158
Because it would be apocalyptic if it didn't. This system is hooked on stimulus and liquidity injections.

>>22963278
>>22963278
>>22963278
New
Poggers

>>22963038
I disagree, I know the S3 report on synthetic longs but are you aware how many shorts are underwater at $7?
Even if it's true that MM are averaging down on their short positions without paying retail borrow fees, retail shorts still face margin calls with every spike, and every dip causes more retail shorts. People see -4% days and get greedy.
Keep an eye on volume. GME tends to trade under VWAP all day and then recover. Red candles that don't move VWAP don't concern me at all.

>>22963299
>The last four years have been the best.

President Trump won't be around forever.

>>22962605
Why buy anything that isn't
TQQQ
FNGU
TSLA
unless you're doing covered calls. Just trust me man, skip all the bullshit and get into those and be done with it.

>>22963235
Thanks brother

>>22962605
Anon you don't fucking buy IPOs!

>>22962231
Actually sounds pretty bullish, it means they just have to merely hint that they're doing well and there'll be people to lap it up and pump the bags. Buying in!

>>22962925
How high was that peak and what was it in? And yes it’s very good, the peak obviously looks amazing, but +20% is Wall Street guru level.

>>22962811
sorry

>>22962943
how are you calculating the best time to sell them when it comes to theta decay?

I've got 600 dollars to bet. What's your favorite penny stock?

>>22963905
htgm is my favorite, will it make you money? couldn't tell ya