/biz/ - Business & Finance

Let's crash the market boys.

G M E

Reminder: Still happening.

>>23637629
Wtf is going on here I checked my self and it is on Wikipedia right now.

>>23637651
it needs to fucking stay double-digits or i am going to be heavily demoralized

please tell me how stupid this idea is or if it at all seems feasible. I need answers:

>buy $500,000 worth of AMZN
>hold/sell once it hits a certain percentage
>repeat forever

I feel like if I could pull this off once or twice a month, I could double my money inside of two years.

please blow as many holes in this as you can as it seems like a winning strategy.

>>23637651

>>23637656
It was rigged from the start, its all bog from here

>>23637629
I don't wanna be that anon but do we really have to reuse the same images a thousand times? Let other anons make breads.

nobody will understand my story but the point is dont fuck with companies who dont have people you can talk to on the phone

they almost killed me

>>23637701
explain

>>23637708
Hes a retard who tried to steal money from robinhood claiming he was hacked but forgot he was trying to scam a company which has literally no customer service.

>>23637719
no i was hacked they had all my password for everything and i lost like 700$ in a chime account

their support is even worse than robinhood they just tell you youre fucked we cant help you after you email them 200 times

i gave up on that

>>23637683
pls respond

>>23637737
just switch to TDA or something, TDA (TORONTO DOMINION AMERITRADE) looks really good but i cant get it even though im a leaf

>>23637683
>>23637743

>What if line goes down?

>>23637656
>wikipedia is a source that is credible to cite for sources

>>23637683
Great just get $500,000 first

>>23637746
once i cash out all my GME and am 100% cash

yes i will

>>23637656
Yep wanted to confirm and the article is locked from edits too. Had i known this earlier in the week i wouldve closed all positions save my long term options. Once normies catch wind of this, well hppefully no panic selling happens.

>>23637689
I'm not trying to use the same images, I generally only make threads on the fly when nobody else will. I would be happy never baking again, but I'm not waiting for lazy asses that won't bake.

>>23637683
>having the 500k capital
>timing the market

>>23637683
500k you could just buy spy and uninstall app wait 20 years and your good

>>23637777
I am a simple man. I see quads and I check em.

Can kpop posting pajeet anon die already

>>23637800
>wait 20 years and your good
lol wat
no, you gotta be selling premiums with that much capital and living off that cash

with 500K you're definitely making more than full-time min wage on top of whatever gains SPY is getting

>>23637752
hold bags until line goes up

>>23637762
father died, left me with $750,000

>>23637777
either way I have amazon stocks so if it doesn't pan out I just hold bags.

>>23637800
except SPY has gone sideways, and I don't want to have to hold bags for that long.

I wholeheartedly appreciate the responses, I'm not making excuses, I'm just exercising my thought process.
Again, please tear me to shreds if this continues to appear like a bad plan

>>23637837
If you inherited that kind of money, wait until after the election and just go 50/50 TQQQ and SPY.

>>23637813
you know what's weird, the tripfags and namefags (including """Cannabro""") are all so fucking obnoxious that i've filtered them all by now

but kpop schizo is pitifully adorable, just like when we were all nice to that dumb adorable anon who was crying about the stock market bullying him (he lost $15 dollars in his $200 portfolio or something KEK)

i want to see kpop schizo make back his $45K or more and also not be so fucking retarded this time. $45K is enough to make decent premiums for pretty substantial supplemental income

>>23637837
sorry to hear about your father's passing
very unfortunate but it is what it is
he left you his legacy in cash
like a fuck you amount too
yolo it all on tsla FDs
expiring in 3 days
steve apple
died of
ligma
lol

>>23637870
I like the way you talk

>>23637837
Maybe do what this anon says>>23637817
Use it to sell weekly covered calls to some degenerate gambler
Stock goes up sell stock for more than you paid for
Stock goes down keep premium
Stock goes sideways keep premium
You
You can make 14k selling 10 covered tesla calls

>>23637855
Gme is going to $6-7 but yeah

>>23637683
you could just buy QLYD with it on live on 50k dividends per year for the rest of your life

>>23637855
I don't know if I'd call kpopfag adorable. He's a dude with insect fever that trades purely on emotion. Not something I care for.

>>23637877
I have absolutely zero idea how to trade, let alone trade covered calls and I feel like I am undoubtedly too stupid to not fuck that up immensely.

>vti crashes just as hard Apple amazon and Microsoft
>only goes up 1/10 as much

What is the point of these pieces of shit? I will NEVER own a etf

Can’t believe I listened to you chuds and bought GME at an ATH of $15. Sold that shit for a loss fuck you guys

>>23637892
>Buy 100 shares
>sell a call
There you learned covered calls.

Can we talk about the tard who bought 32k GME and hacked Robinhood, I didn't get the story in the last thread

>>23637902
STOP BUYING SHIT LATE

are you new?

>>23637911
also if gme goes lower before christmas might buy in

>>23637817
This. Oh itd be awesome. The premium from that and i straight up be a neet with no intent of getting a job.

>>23637892
Buy 100 shares collect premium for agreeing to sell them at a certain price at or before a certain date
You keep the premium no matter what happens

>>23637923
Gme is being manipulated

>>23637930
By (((whom)))?

>>23637929
what happens if they exercise though? couldn't I get royally fucked?
sorry for all the questions, I can do some youtubing and see what prevails.

>>23637934
jews

>>23637934

>>23637934
me

>>23637911
dumbass degenerate was down to $5K from $45K, gambled his last money into GME calls, went back to ~$45K or something but couldn't cash out because trying to fraud robinhood lol (>>23637737)

now he has his account back and is at ~$15K
isn't it adorable watching him do all this shit

better than that obnoxious Cannabro who keeps flaunting his $3K portfolio and shilling his dumbass speculative gamble portfolio full of weed and AMC that's barely outperforming SPY

>>23637930
manipulated how? i know they cant compete with bigger tech but maybe with the release of new gen consoles ..

the kpop schizo goes by the name tinny

https://www.tiktok.com/@tinnyfoiler

>>23637943
If they exercise you have the 100 shares required to cover the contract and you sell them the shares at the agreed contract price.

>>23637946
I don’t believe it.

>>23637964
kek ty

>>23637934
i dunno, the hedge funds shorting it i guess

it's currently valued lower than fucking NORDSTROM. A brick&mortar department store that has seriously more grim prospects than the specialty retailer Gamestop.
Nordstrom with its 5+ billion debt, and huge footprint liability, nothing special to grow in e-commerce. Nordstrom is being valued better than Gamestop which has a clean balance sheet, actual future prospects (MSFT revenue sharing and console release), growing niche in e-commerce (20% of total revenues now), and like a data gold mine of ~75 million regular members under their membership shit

If you haven't sold GME by now, it'd be stupid to panic sell NOW when it's valued at bankruptcy (again)

>>23637964
tiktok is for kids and nonces, which one are you?

Is it gay for a 33 year old man to listen to taylor swift?

>>23637996
Was this week just overreaction to the overall market dump? How low can GME go?

>>23638024
No next week is going to be much worse honestly.

>>23638024
except for cannabis. Cannabis will be fine no matter what.

>>23638017
nope.
https://www.youtube.com/watch?v=Z2xooz6844k
actually it makes you more straight
real niggas groove to swift and don't lie about it

>>23637996
>>23637956
>>23638024

>>23637996
I sold mine today but ill get back in next week. with more capital.

What do you do?
https://strawpoll.com/hss6h19yv

>>23637964
Wow I thought he was like a normal dude just putting a mask on this site
he is a schizo.

>>23637964
Holy fuck is this really kpop anon? Why am I not surprised

>>23638024
if you wanna schizo speculate, there were some bearish articles on Monday and the market going red was the perfect time to spark panic in robinhood dumbasses hoping for a quick ""short squeeze" when we've already know for months these are hedge fund short sellers who will NOT squeeze themselves into an infinite squeeze

this is not a gamble for Q3 being decent (with good guidance) because this sure as hell is starting to look like it will be a long as fuck endurance battle against stubborn short sellers with collateral in the billions
I'm definitely cutting most of my position by Q3 if it's good, Q4 for the rest unless I have compelling reasons to leave a small chunk for fun

>>23638044
Dude weed lmao

>>23637953
I like this board, its funny as hell that you get to know who people are once they post their portfolio, ill take note.
>>23638064
so what GME is overvalued? what company isnt.

>>23637651
It will happen. The dump has 0% to do with GME. Its just the coward faggots on wall street shitting over the election and corona

>>23638076
Oh god he's a combo of doomer wojak and a terry davis. Inverse his stock plays

>>23637943
you only get royally fucked if you don't own the shares, otherwise known as selling naked calls. Selling calls against shares you own is relatively safe

>>23638076
>DAS COOMER

>>23638088

>>23638079
*this is now a gamble for Q3 being decent

i dont think Q4 being good by itself is going to make short sellers panic, everyone knows it's going to be push GME back into making a profit but I say it's going to be an endurance fight beyond that given how stubborn and convicted the hedge fund short sellers are
Can you imagine /smg/ being full of GME posting for all of 2021 too KEK
fuck that

>>23638076
welp. That's why you don't put yourself on the interwebs

You said there would be a dump bros, what the fuck was that in the last 10 minutes of trading

>>23638126
You know...

>>23638096
whats the relatively safe bit?
I just watched a pretty informative video that said you can't really lose money unless your stock price drops and you didnt want to hold bags.
is there anything else I should worry about?

>>23638126
futures are blood green.

>>23638106
i can see clearly now

>>23638088
>so what GME is overvalued? what company isnt.
that guy is just showing what caused GME to turn red (ETF selling off GME, ~20% of GME outstanding shares are owned by ETFs)
remaining ~80% are owned by other institution, then there's the other "remaining 100%" that's owned by the rest including robinhood retards

yeah there's 200% outstanding shares that exist in the market right now because GME is short 100%. The supply/demand dynamics of GME is really fucked right now, that's why you see GME dumb so hard with relatively little volume (compare it to the massive volumes when it spiked up)

small players really need to be scalping this shit, big players can't do shit because of the weird liquidity happening with GME

>>23638076
Btw, I've logged you. Enjoy being a part of my sick twisted /smg/ dossier.

>>23637870
>yolo it all on tsla FDs
>expiring in 3 days
Ignore him. That is a lot of money anon, >>23637837. Seriously you could retire on that amount. I only need 3m and id be retired with no need to actively or passively invest to continue like that for myself but Ive got other goals. Youre literally 1/4 of the way from my goal. Ironic as at one point I was 1/15 of the way there but blew it by not selling, im now very far from that goal.

>>23638017
yes

>>23638152
I'm getting conflicting info, will you please have a council and get back to me?

>>23638076
kpop anon explain yourself
i still think you're pitifully adorable to have in here so dont worry

don't leave in shame because of this. i like you better than the obnoxious tripfags

>>23638142
wtf is happening

>>23638132
If you stock drops you keep the premium you sold so you made money on it.
Only worry about if you are some meme stock company about to go bankrupt.

>>23638149
thanks fren.
I'd like to retire one day. $750,000 is definitely not enough to retire on right now, trying to grow it as much as I can without pissing it away.
I hope you get to your goal sooner than later, anon.

>>23638096
if the stock tanks you cant sell your shares unless you buy back the call option. if it's a stock you're ok to hold and you pick a price you're happy to sell at then selling a covered call doesn't have much downside at all compared to just buying and hodling.

>>23638159
You are on this council, but we deny you the rank of master.

Question for people that know regarding HTZ. Since its been delisted, if you held puts, would you make money off them since its literally at 0 right now?

>>23638167
schizo's learning the identities of each other. /smg/ getting too familiar.

>>23638159
>I KNOT KNOW ABOUT YOU,

>>23638017
Early and pop TayTay? Based.

TayTay hip hop fusion garbage after 1989? Gay.

>>23638142
Didn’t that dude go bankrupt

>>23638167
I've been here since 2016. Every piece of personal info that any anon gives me I log into my dropbox. Don't get it mixed up, I will never dox anyone, but I know you, feel you, and vicariously molest you.

>>23638185
i'd assume so, the people who sold puts aren't going to be off the hook
the pink slip ticker is still 0.75 though so if you had 0.5p they're not printing just yet

bagholders are deluded, they might think their shit is still worth something like the Sears stock that kept trading in substantial amounts for years

>>23638213
Based. You’ll never track me tho faggot

>>23638210
Yes. I masturbate to big5's failure on all days that end with Y.
>>23638224
Yes I will. You'll have a moment of weakness and you'll post something personal, and when you do I'll be there

>>23638213
I am actually totally ok with this
wanna go grab a few beers
i know a decent place
no rona no masks
just you and me
and a budlight
talkin bout
options &
stocks &
life bro
yolo

>>23638106
what does this mean for a retard like me

>>23637683
No.
Sell cash secured puts. You can make an easy 2% a week. If it's assigned, turn it into the wheel strategy. That's exactly what I would do if I had your money.

This is the most blessed /smg/ I've ever seen.
Thank you all for the help, truly you guys are amazing and I've learned a lot.

my final question before bed time is:
with TSLA covered calls, what would the price be for someone buying that option from me?
It seems to vary depending on length of contract but does anyone have a general idea of what I should expect?

>>23638238
Based. Go get some beer. And here's a picture of the real kneepads foot.

>>23637656
anybody can edit wikipedia

>>23637684
BASED

So I'm experiencing the US cannabusiness firsthand for the first time through the Cookies franchise of dispensaries.

This is happening, the states aren't going to turn around and crush all these business with tax revenue.

Attn: Dudeweedlmaos
is there a good play in this space?

anybody watching these two? i might have to buy
>NKLA
Could be the new tesla?
BA
could continue to fall, lowest its been since march

>>23638246
I was doing this with HTZ because I was a greedy fuck and could get like 10% a week selling weeklies. On a whim I sold 70% of my puts on Thursday when they were in the green 60% for me. Then I got fucked hard yesterday because it was delisted. I guess I learned to not sell puts on a bankrupt company.

>>23638213
ill give you some personal info, my uncle has schizophrenia, and im here to talk if you ever want.

>>23638332
That generally means nothing. Post a picture of yourself with you back turned.

>>23638326
Kek yeah the volatile ones can make a lot of money but generally you want to avoid shitty stocks in case you get assigned. You want to do it with sound companies who's stock you wouldn't mind owning. If I were the guy with 500k, I'd definitely do tesla, Amazon, Walmart, etc.

>>23638345
>that generally means nothing
he is heavily medicated it helps him live a normal life.
>post a picture from your phone lelel
why? shutup faggot

Everything has become so bad
All of my gains have turned to ashes
and I haven't learned much at all

Also I have no accomplishments or competencies and I can't handle normal stressors without getting knocked down. It's starting to get scary out there.

>>23638213
> adding “logbro” to my files...

>>23638308
Yoooo cannabro here. L8 night edition. I got the DD on the cannastocks you need. Green Thumb Industries (GTBIF) is opening a dispensery on the las vegas strip with cookies. "Cookies on the Strip" in Las Vegas will open within the first three months of 2021. The companies said they would rebrand the Essence store at 2308 South Las Vegas Boulevard. Green Thumb is the owner of Rise and Essence retail stores.
Remember the mantra:
>As I get high my stocks get high, as my stocks get high so must I.

>>23638246
would you sell cash secured puts on TSLA or AMZN like i mentioned originally?

>>23638389
well anon you just laugh it off and it's all ok
float on brotha

>>23638394
I hope so.

>the owner of Arby's restaurants, will buy Dunkin' Brands (NASDAQ:DNKN) for $8.76B, the companies confirmed.

>>23638420
The deal amounts to $106.50/share, nearly a 20% premium to Dunkin's last close before deal talks were reported.
It comes to $11.3B including debt.
If successful, Inspire will add the Dunkin' and Baskin-Robbins brands to the Buffalo Wild Wings, Arby's, Sonic and Jimmy John's chains that it already owns.

>>23638401
hey cannabro im high as fuck, im curious what makes you have so much faith in pot stock? what if trump wins...theres always new jersey companies

>>23638425
he's a shill.

I used to worry about the things I talk about here biting me in the ass... but not even palantir gives a shit about me. Taking me down doesn't do anyone any good.

RKG told me to make a trip years ago. I didn't think I should until I got good. I have no idea how to get good.

The skeletons I got are so lame that even obsessives don't bother much with building a file on me.

>>23638401
that doesn't appeal to me

>>23638448
Don't be fearful, nobody cares about us.

>>23637656
Holy fuck it's real

>>23637911
Sounds like he bought a lot of gme stuff. Regretted it. Claimed he was hacked. They locked his account. Probably was hoping they'd refund him. Gme went up. He wanted account unlocked. He raged as they refused to unlock the account as they were "investigating" (it's robinhood i doubt they did anything but lock his account). Eventually unlocked it. Gme is now about $10.

/smg/ is hands down the best general I've ever seen. The storylines here alone make it worth browsing.

>>23638376
Probably Walmart and Microsoft since they are king crabs pretty much unlikely to go bankrupt in our lifetime

>>23638432
yeah hes a shill, but who doesn't like marijuana these days or at least acknowledge its medicinal purposes? Maybe he should focus on the medical side of cannabis, but public opinion is swaying and stocks may start to show that as well.

>>23638425
Same. I'm probably gonna do one more toke before bed but I'll tell ya the truth on why I have so much face in Cannabis. Cause we have been living in a prohibition since the 1920's. Cannabis wasn't always illegal. The history is fascinating but long story short: The AMERICAN market has survived without any banks or federal securities or credit/debit. A pure cash based industry that has plenty of whales backing the industry. Every state will legalize eventually; which means we are still on the ground floor of this industry, especially when the states who have cannabis recreational will collect taxes that'll keep those states afloat through the next shutdowns. Cannabis sales actually went up during the shutdown. Not only that but the three titans
>Trulieve
>GreentThumb Industries
>Curaleaf
all dominate their respective markets. Curaleaf is about to moon when NJ and AZ go recreational. Curaleaf actually has dispensaries in 14 states, two of those being NJ and AZ. SD is also about to go full medical and recreational at the same time. Cannabis is actually supported by the boomers believe it or not. the market of sales is actually a majority of age 40+ spending 100 on ave with 3 products per purchase on ave. I am actually going to school for this exact study. I invest in what I believe in. I know other anons call me a shill but I just want friends to celebrate with as Cannabis sails into the sky while the market drowns.

>>23637996
>NORDSTROM
I hate that stock, bought a bunch at $20 months back, sold at around $14.

>>23638484
well i mean... in march most stocks were down 20-40% and so far everything im looking at is down 15-30%

>>23638293
It’s been locked from edits

>>23638492
The reason /biz/ is great is because any opinion can be measured. Taste, politics, ideologies can all be nuanced and shit. But here the only thing that matters is your USDs. When you are wrong you actually get punished for it. When you are right you get rewarded. Everyone can see if you are right or wrong about stuff

>>23638520
I love this community because it is not for the weak hearted. Proof is in the pudding and the pudding is made of marrow. and marrow is the spongy tissue inside some of your bones, such as your hip and thigh bones. It contains stem cells. The stem cells can develop into the red blood cells that carry oxygen through your body, the white blood cells that fight infections, and the platelets that help with blood clotting

>>23638403
Yes. Make it a good company that you wouldn't mind owning shares of. Amazon is perfect. You can make stable money and using upwards of 500k, 2% a week is a fuck ton. Good luck anon

>>23638492
You know what they say, money doesn't really ever change a person, it just amplifies them.
You see anons finally make it and see all the great and loud things about them
Same goes for the anons that break it too
You know I'll probably spam so many shitty posts the day I make it to 6 figures
Good god I can't imagine what i'd do once I hit 7

>>23638559
buy more divvies; duh

better see lots of trick or treaters

>>23638498
interesting take, its a fair point.
>going to school for this exact study
business and finance? or the cannabis industry

>>23638568
bullish on halloween lingerie.

Attention all. I am doing well thanks for asking. Yes I am still holding strong. You can call me diamond hands. But I prefer Iron-man. I’m unironically going to be rich

>>23638574
both! It's an integrated studies program offered at the University. There aren't many colleges doing this but the degree is state accredited.

>>23638502
Indexes unironically look like we are at the beginning of the fear stage

>>23638224
Lol. He cant track those of us who alter the pics/"screenshots". A post of my portfolio might not even be from this year. Not hard at all to alter this. The repeats seem to give the same info so it's not like he gains all much new info from those. Or those of us who mostly just watch and can tell you apart without having to catalog every little thing. Makes me wonder if he does anything else besides browse biz to catalog it.

>>23638235
How do you track those who dont post pics and alter verbage on their posts in new threads?

SCHIZODOT IS PURPLE, THIS IS NOT A DRILL, SCHIZODOT IS PINNED PURPLE
http://global-mind.org/gcpdot/

>>23638587
XOMbro. your bags are the heaviest. I hope you can recoup.

>>23638605
The strongest steel is forged in the hottest fires

>>23638600
New paradigm looks like the august tech bull run when tqqq was 175

>>23638604
was ist das

>>23638627
schizodot

it's a dot hooked up to a random number generator, which is supposed to measure the collective human consciousness through voodoo magic

the last time it was purple oil went negative

>>23638587
BOOOY YOU'RE GONNA CARRY THAT WEEEIIGGHT
CARRY THAT WEEIIGHT
A LOONG TIIIMEEE

>>23638642
>mocking me

I’m way too stupid to listen to reason. And way too stupid to listen to your fancy pants analysis. Therefore I hold. Therefore I get rich. Only a plan this stupid could have a 100% chance of success and you know it

>>23638620
Kek, you're right. Idk, should I bail out or not. My 13k portfolio is only down $180, so not much, but I'm afraid that won't stay that way

>>23638498
You are a real bro. I have been dreaming about this for 40 years and it’s finally happening. Time to invest in what I too believe in.

>>23638653
Oh are we posting halloween babes now

>>23638420
>i can finally have that roast beef donut with arbys sauce
I think i smoked myself into a new timeline tonight

>>23637683

If Amazon is a sound long term hold you riskunderperform hodlers because you will miss the pump
If Amazon is not a sound long term hold you risk being left bagholding if price goes down

You can make money this way but you won't outperform just holding the stock. You also take on incredibly high risk for what is most likely lower rewards compared to something like SPY.

>>23638492
i've been busy with my own madness, update me on the story lines

Looks like biblebro is now obsessed with sodomizing men with longhair? Or maybe that's someone else. I hate this timeline.

>>23637837
>hold bags until line goes up

you could sit for several years in the red waiting for break even. Or you could buy SPY and get 8% per year.

>>23638186
/smg/ used to be a LOT more close knit before March. We would only go through like 3 or 4 threads max a day (not counting weekends).

You ever control your explosions while having sex with your beloved... i mean i know my cock is big 5 inches but my gf (future fiance and eventual guwifu) she will start cumming and I enter into an almost trance state... sharing her breathing rate and heart rate but holding my load through the juices she's producing until we calm down and change positions and we just do this over and over eventually I just get exhausted and cum.... i mean my big duck can shoot the cum at least a foot and a half up.. like 4 big blasts then just she cleans up, but we both got tissues on our nightstands by the bed. However even when we are fucking on the couch or love seat... damn I must shoot at least 3 feet up... i just think economists have been missing on the solar cycle thats 11 years and the impacts of the helosphere and how to observe the cycles and since gme is down gme is going back up.. its part of an 11 year cycle.

>>23638721
>i've been busy with my own madness
>tfw have to get transplants on both eyes
I'm just passing the time enjoying the characters on /smg/ and investing. If I'm lucky I can earn enough to pay off the medical bills.

>>23638728
I've changed, or I haven't. Im on 4chan at 2am on Halloween I must be retarded. Happy Hallpween Grim... this must be your favorite day.

>>23638492
>storylines
Huh? Explain what you mean by this.

>>23638663
That's pretty good considering, I've seen some people with crazy losses

>>23638752
You must be new here... lurk more and dont ask. I can give you dozens of story lines.

>>23638556
Not going to lie, I'm very nervous about this.
how can it be this easy?
Thank you for the luck, I will need it.

Well the insomnia is offically kicking in! I'm going to go do some DD before turning in. What will happen later on today? Find out next time on /SMG/.

>>23638520
>>23638559
It also humbles the fuck out of people, that is if they stick around.
>>23638721
For me it was polobro and the current batch of GME people. I didn't really browse too much in the Summer. I do miss MNGAbro that guy I genuinely feel bad for.
>>23638752
Once you're around long enough you notice people by how they post and what they post about. Like Kpop anon and the few other GME bros. So many of these people come in and out of the threads you start to remember their downfalls/wins.
>>23638751
Happy Halloween baggie! I'm more of a Thanksgiving/Christmas person, but Oct/Nov/Dec are the BEST times of the year. I think you've definitely changed baggie, you're a lot less schizo than you used to be.

my parents made fun of me because they voted for biden and im not voting for biden and im voting for trump and they called me a loser who needs a gf and a job and its SO SUCKING INFURIATING

I think its time to pull money from the market and invest in a Stradivari replica Cello. Id finally be taking Buffets advice

>>23638922
https://swallowmyface.ytmnd.com/

>>23638922
why dont you go all in tqqq and laugh in their faces when your portfolio pops a +50% when trump inevitably wins?

I bet you all lost money yesterday. You're all losers and no one loves you guys. Everyone loves me and I never lose money.

>>23638852
Yeah. The longer you are here the more you realize how little you know and how little it all makes sense

>>23638587
What will you do if WKHS doesn't receive the USPS contract? Suicide?

Checking in with the oil bag holders. How is it going for you lads? Ready for new lows :)

>>23638992
Lmao. Can't believe this horse shit is still going on.

>>23638976
I lost erm $130 but my wage cycling covers that loss and doesn’t include all the profit I’ve got from the year so far

>>23638979
Oh yeah it's incredible when you first realize how retarded you are.

>>23638971
they already laughed at me because i lost all my money on gme calls

>>23638568
I got my sour patches and some swedish fish, doubling up on MDLZ
>>23638728
What once was will be again, happy Halloween gwim!
>>23638931
Unironically considering diversifying into collectibles. Can u play string instruments rattiratti?

>>23639016
I’m not sure women pour hot coffee over their armpits and give it men for sexual excitement. But about oil. Over 99% of all passenger cars use gasoline. The world literally depends on oil. We can’t magically make a power grid that would support a massive electric expansion in the next 10 years without trillions of dollars.

My bags are doing just fine. I’m gonna hold and be rich.

>>23638971
NASDAQ won't bounce if trump wins, you dunce.

>>23639016
I never thought oil would get bogged this much, but I'll hold until everything recovers.

I'm holding 2000 oasis shares and they're bankrupt. If they price goes up and its on the money ill get some money, otherwise I'll just let them go down to zero.

Diamond hands to the end

>>23639016
I'm ready to buy a dangerous quantity of all commodities after the election o_o

>>23639016
I’m also gonna post a second reply to your post. Just because I want you to know how rich I’m gonna be.

Just remember me when oil skyrockets and you’re holding TQQQ or whatever

>>23639087
Keep those hands strong. Oil will move back up. Just don’t know when

>>23638132
Stock drops too much. You're cushioned by the premium but you still lose money.
Stock goes up too much, you miss out on a lot of gains and might not be able to exit your position without a loss until expiration.

You can get fucked selling calls or puts. There's no safe strategy.

>>23638663
Kek I remember a post that some said that tqqq hasn’t had red day in weeks this correction is ugly and many anons were posting that they are 100 percent tech I am invincible.

>>23639064
Echidna isn't your normal female. And your assessment about oil is spot on. Market's reaction towards it is insanely irrational, but I guess covid fear and possible biden presidency has really put the dampers on it. I think the industry will remain at a good buy price for a couple months before it pops again. Just have to know which companies to buy.
>>23639087
Hey man, what ever works for you.
>>23639091
Maybe we'll see the value rotation of a lifetime occur after the election.

My broker is such a piece of shit. Can only buy or sell shares. No calls, puts, covered calls etc.

>>23638315
>NKLA the next TSLA
HAHAHA
It's obvious that NIO is the good one.

>>23638604
>based schizodot poster

>>23638600
We are in denial.

>>23639251
We are in return to normal

>>23638600
>>23639251
>>23639266

Top kek

Im pretty deep in but id nut my pants if we crash to march levels, i want the cheapest fucking prices known to man. I have only $5000 left in cash but i want to spend all of it at the bottom. By the time my next paycheck hits in two weeks i hope we are still near the bottom

>>23638852
I don't think I'm less skitzo... just using less drugs and actually found a woman... well I'm still isong drugs just with a dofferent woman and... i think what changed me, was the things I saw at the bottom... take it from somebody who was court ordered to surround himself with addicts... i haven't hit rock bottom or if I bounced off and survived at least I know better things will.... i lost too many friends to heroin.. its terrible. Good men are dead and obviously ots my fault because they are always my friends. I guess as an addicted attention whore.. anonymously posted words not mine, but what I have done... in my heart and values.. i just set goals and I have changed.

>>23639220
After extended DD $NKLA is the better bet for amazong returns. You've been warned anon

>>23639363
Seen a few shares already getting back to their march levels.

>>23639382
What do you think will happen to those shares if a market wide dump happens

>>23639369
Not even close to NIO's future.

I just wanna say:

FUCK NIGGERS
FUCK TRANNIES
FUCK KIKES

AND MOST OF ALL
FUCK JANNIES

also, check out IPIX if and when you get a chance. I think they’re about to make some
Big moves

>>23639382
March levels were still high prices, do you realise that anon? Buffet didn't sell the bottom, Buffet just sold before a retarded rally. Most of those companies are doomed

>>23639364
I haven't seen a drug induced shitpost session in months!

So if TSLA were to drop another 100 dollars or 500 dollars pre-split then how many faggots on the tslainvestmentclub will be bragging about those cheap "chairs" that they feel "blessed" to be able to purchase?

How many more amazing catalyst that cause stock to sell off will be required before people get angry? Battery day didn't move the stock, and neither did their very good earnings.

Also who the fuck came up with the terminology "chair"? Sounds like chairs on the titanic. Are you bragging that you have bought chairs for your extended family to go down the ship?

>>23639332
Are you telling me it won't improve after the election?

>>23639629
The TSLA investor coalition is instagram THOTs and mommies (Cathie Wood), Tech Pajeets (Chamath Palihapitiya), zoomies (almost the entirety of robninhood at this point), and Japanese boomers (Masayoshi Son).
They will believe in the meme man's con until they don't and then be incredibly angry all at once. It's what THOTs, Pajeets, Boomers, and zoomers do.

>>23639644
idk, mate. I'm just a worried bagholder. Charts look bearish as fuck, (((they))) are bullish, which is obviously bearish.

The problem is that the fundamentals didn't change. The world's economy is still fucked up, Covid is still surging, the Fed is still buying, so I'm not sure if there is any difference between now and June

Fellow premium sellers, is it more important for you to correctly predict a strike price at which the option will expire worthless or just to capture as much theta as possible?

I've been prioritizing the former because it gave me a sense of safety to be comfortably OTM but I question if I shouldn't just write longer dated options and let time decay do the heavy lifting. I imagine it's more work because I need to manage and close positions more often.

>>23639721
My thoughts are that Tesla is better off than GM & Ford who have 200 billion dollars of debt between each other. GM is pushing for a "pod" concept when the Smart car had to be dropped USA due to poor sales. The team who came out with the c8 car needs to take over GM.

They were able to get past the bullshit that led to the death Fiero & the GMX all in the name of protecting the Vett. The Fiero could had been a better car than the Vett. Bullshit such as no mid engine.


At least try to not be a faggot and realize that not everyone wants to hold for years. Yesterday some guy on the daily thread had a negative eight score for bragging that he's able to buy cheaper shares.

"You do realize that at some point the stock has to go up?"

I bet a lot of people would trade Musk not talking like an introverted 10 year old dog in exchange for the stock going up 250 dollars after a catalyst were to have been dropped onto the public.

>>23637656
uuuh so does it mean the game was rigged from the beginning? (like always)

Stocks will go down, I hope you positioned yourself accordingly.

>>23638520
this, the reason why I love this community is because we share the same goal, everyone just wants to make it

>>23637683
>500.000 Dollaridoos
You already made it you fucking retard. Go buy a nice house in the countryside, put the rest in a retirement fund and never come back to 4chan. Retard.

>>23639483
Lol good luck with that chink stock. Its another $LKNCY.

The only solid chink stock is $BABA.

$NKLA is the way to go. Just want you to be rich too anon

Noob here, today I learned that you can't trade on weekends.

What are the essential books to read to get into investing? I want to start and have a bit of money available but I just need to read a bit and get a feel for things.

>>23639903
Yeah just don't tell your family.

Imagine making 2 million dollars after taxes & telling your parents that you don't trade for other people because you don't like guilt.

>>23639869
Would you recommend opening a small short position as a hedge, if I don’t intend to sell? I’m definitely cutting my losses on AAPL though

>>23639966
4 pillars of investing

whats the best ticker for highest % profit if Trump wins?

will it be an oil stock? or airlines?? financials?

and same question but opposite if biden "wins"

What's a good PE ratio? Is Apple to expensive with 30?

Will GME go back up to 11? I sold on Wednesday to lock in profits and buy back in at a lower average. I panicked though and thought I may miss a potential short squeeze so I bought back in on Thursday like an idiot.

>>23640146
for some reason people rarely react to this question even though it's so relevant.
I don't know if this is "the best" re-election stock but I suspect that GEO will bounce back to 15$ at the very least if Trump wins. That's almost 2x at current price...

Some say NAK but that mine will never ever be built no matter who becomes president. I'd say a pump to 1.5$ on re-election news and another dump soon after.

>>23640154
PE doesn't exist in 2020. All conventional investing wisdom is a relic from a time of uncorrelated assets, no QE and healthy interest rates.

>>23640154
PE is a useless indicator, forget about it.

>>23640255
>>23640244
How do I buy stocks then? Why is Apple still going up? They don't seem to grow much anymore.

>>23640338
Idk apple only went up to 130 because of softbank
Who says they are not doing the same right now.

Any fellow ausfags got a good broker recommendation?
I'm currently using Stake but want to trade options too.

>>23638213
what a life

I have a 100k split between qqq and spy and refuse to sell, is it over for me?

>>23638213
lol the 30 year suicidal tranny fucker is mentally ill. Who would have thought? Anybody? Me neither.

>>23639922
You have no idea. NIO will eat Europe's EV market while the rest of companies implode. It's literally the Chinese government bet on EV and they will make sure that NIO succeeds. Know why BABA is big? Oh yes. Exactly the same happened, the Chinese government wanted them to succeed.

>>23640474
If its over for you then its over for the entire market.

my life is ruined

>>23639123
Yeah. Nobody here profits from others failing. We are all insignificant compared to the Algos.

Only thing we can do is help each other fight the computers for money.
>>23640154
Pe itself is worthless. For a company with no growth 30 is way too much. For a company growing 30% a year 80 is cheap

>Small Christian town
>Government decided to lock down everything on Monday
>Businesses get fucking rekt
>People start to randomly tell me how they hate the rules
>One old guy tells me how he would kick the gouvernment if he could
>Kicks the air and almost hits someone
>Just drive by church
>Packed full of people
>All really pissed
>Aggressive as fuck
>One woman just full stopped her car and screamed at the driver behind her
>Another yells at me for some reason
>People seem fucking mad and concerned
Anyone else having a similar experience?
People do not like anymore lockdowns and the situation starts to turn sour.

big money is in the place
and everyone is being really based

>>23640741
No but I have noticed some businesses are starting to mysteriously burn down all of the sudden

>>23638091
you are right that corona is impacting retailers

>>23640741
most people are mentally ill, they just hide it very well in public
the lockdown gives them an excuse to go full apeshit

remember the mouse utopia experiment? we're at the last stage
people are starting to kill each other more and more for the dumbest reasons

>>23640939
The fuck is a "small business"?

>>23639087
Get out of Oill
Get out of Oil
Get out of Oil
Get out of Oil

Cannot be emphasized enough.

Oil reserves are packed for YEARS!!!!! YEEEEAAARRRRSSSS.

In the worst case scenario, US states locking down, it's going to send oil back to the negatives.

>>23640961
The local synagoge

>>23639966
*See Pic*

Are crypto mining stocks a good investment?

If Bitcoin reaches 20k again....

>>23640956
I am also on /k/ schizo posting is through the roof the market might take a dive I might even some cheap spy 190 puts
But if they ever printed they would be the least of my worries.

>>23640998
I thought those were the biggest business?

>>23640741
Americans are lucky, they actually get to vote if they want more lock downs or not next week.

>>23641100
No we don’t governor has control over that probably the reason trump hasn’t opened the whole country already.

In two weeks GME will be 14$

>>23640996
Oil goes bad like milk retard. "Reserves for years" are chemically impossible.

im calling it now: election results will be swift, electing Trump for a 2nd term, with no contested results. this is the opposite of what everyone on the internet thinks will happen, so it must be true.

>>23641100
I'm rooting for Biden. Not on principle. Just because I know Trump won't have any problem locking down if he's a lame duck.

The Fed will then step right in and it'll be March 2.0

$$$$$$

>>23641100
Yeah. We are stuck with Merkel and friends deciding

https://electrek.co/2020/10/29/tesla-tsla-push-service-catch-up-sales/


Man the Tesla crowd are really annoying.

The recall was a big wakeup call considering Tesla wants to manufacture millions of units each year, and people are crying fowl.

"All Tesla needs to do is produce car that never breaks down!"

"Why does Tesla need to do this? I only needed to take it into service once..."

>>23641112
Fair enough. But:
Biden = support lockdown
Trump = no support lockdown
I wonder who will win the election.

NOW! THIS IS IT! NOW IS THE TIME TO CHOOSE! DIE AND BE FREE OF PAIN, OR LIVE AND FIGHT YOUR SORROW! NOW IS THE TIME TO SHAPE YOUR STORIES! YOUR FATE IS IN YOUR HANDS!

>>23641142
>4d voting
Impressive.

YOU BEST START BELIEVIN IN BEAR MARKETS MISS TURNER..

YOU’RE IN ONE!

>>23641159
It really seems like this year it’s:

I love my country and want it to succeed vs. I hate my country and I want it to fail so I don’t get caronavirus

>>23641159
Maybe if Biden wins he gets his sleepy ass on stage saying “i support the lockdowns we should do more to keep us safe “
the people especially small businesses owners will finally feel fed up enough to protest and sue the shit out of the state governors to stop this ridiculousness.
They probably would go up to Gavin newsom home and publicly lynch if he doesn’t budge.

>>23641187
Screw this country. US is dead the moment the Fed got involved in 2008. We can never raise interest rates again.

>>23641132
Ok you're right 36 days. Fucked up on that.

The oil sector itself is still fucked. 2022 is when oil can go back around the 60 figure...That's the most optimistic figure.

>>23641250
People are going apes shit in France, and the WHO is like "hey man, health is important but I don't want people to blame me for a 2nd 2008 recession...."

>>23641187
It might all come down to California Exiles. How many of them have been exported to swing states in the last four years?

>>23641289
Look at NYC. Boomer land lords are TURBO fucked.

>>23641315
Idk...No stimulus means eviction protections are gone by Jan 1.

Landlords are circling that date.

Lmao you election fags are something else.. This shit is honestly all planned, short the bounce next week and enjoy. US has been spiraling downwards for years, similar to the fall of Rome, sucks to say it but it’s true

>>23641295
I am being hearing from bongs that people are getting ready to go apeshit too if they do a lockdown in the uk again.
They say you can see it in their faces the irritation they have with their government.

Give me one reason not to go all cash for a loss on Monday opening. >>23639332 looks is scary.

Why would it pump on Monday?

>>23641181
Good.
I have 100 ounces of gold ready to fire at any dip.

>>23641336
Look at Louis Rossman's NYC real estate videos.

Boomers would rather not rent out their property for 8 years than to lower rent, if they lower rent then the banks take their property,

All NYC has to do is implement a vacancy tax on places where a boomer refused to rent out for 1-2 years.

Sold out of all my equities a few days ago, went all in on BTC. How you guys holding up?

>>23641344
Culturally, yes. Economically, not yet.
I don't understand why Isreal isn't putting more pressure on China. If China overtakes the US they'll lose their hegemonial position. Are chinks outjewing them? Xi seems like a crafty fuck, first assuring life-long rule, now crushing the global competition and increasing dominance with Covid.

Remember when politicians all over the world said they'd re-ajust their trade policies to reduce risk and undo the "all eggs in one Basket" role of China as a manufacturer? Everyone got real quiet about that and China is more powerful than ever.

>>23641159
yes it's not about presidency this is lockdown vote now. ´thats why there been even dems in trump rallies they losing money because of lockdown

>long NASDAQ
>short S&P 500
>never go down
is this genius? Also is there any index that performs worse than S&P 500 but follows the same fluctuations?

>>23641355
All trump had to do was wear a mask from day one and do the sympathy angle.

"Hey these mom & pop business that have been around for over for 30 years are threatened.

In NYC they pay over 5000 a month in rent, and if they miss a single payment their landlord takes the front half of the restaurant because he's over leveraged on his loan.

The banks will take the property and sell it to people in China as a tax haven, so good luck if a pipe bursts.."

"we can't fix covid in the mean time because no vaccine so how about we be productive by legalizing pot?" Republicans could get constitutional carry, and we can pass these reforms in a month.."

>>23641446
Dow jones probably

Who buying this dip boys?

Which picks are we feeling?

>>23641388
>All NYC has to do is implement a vacancy tax on places where a boomer refused to rent out for 1-2 years.
If governments wanted rents to decrease there would be a million ways to do it. High rents ensure that wageslaves remain poor and desperate. Not only in the US, but all over Europe and increasingly China. Rent relief policies will not happen.

>>23641152
the federal government doesn´t decide this shit, the states decide if they have a lockdown.. Same shit for Germany

If Trump gets reelected you will still have lockdowns in Democrat states

>>23638213
Spooky.

>French and British people on the brink of revolt
>Germans clap for Mama Merkel as she snuffs the remaining life out of the German middle-class and ensures a decade-long recession
>DAX shits itself to death

Germans are truly the Goodest Gois, it's honestly impressive.

>>23641452
nice, yeah it's even worse

I hope Biden wins because it's good for chink stocks- especially EV ones

>>23641473
if dem states want to lock down, so be it. there wont be financial aid for them if they do that. they will destroy themselves

>>23641499
wtf are you retard talking about, there are plenty of people going apeshit and protesting on the streets

>>23641521
NIOchads win again

>>23641461
>Who buying this dip boys?
Here
>Which picks are we feeling?
Successful tech and internet stocks
FB, MSFT, BABA, JD, etc.
>>23641473
>Same shit for Germany
Purely theoretical at this point. From now on all decisions are made by Merkel, Spahn and possibly Söder, and then enacted by the state underlings. The local parliaments are not even involved anymore.

>>23641526
Honestly it´s kinda crazy they blame Trump for everything, he imposed the travel ban very early and the states are responsible for the Corona crisis. He even gave New York a military hospital.

If he wouldn´t be such an egomaniac, just stfu and didn´t do the stupid press conferences with the bullshit talk, he would have been fine

NEW HALLOWEEN!!!

>>23641577


>>23641577


>>23641577


>>23641577


NEW

>>23641577

>>23641577

>>23641557
Yes comrade!$$$

>>23641533
Those are "Coronaleugner Nazis", haven't you been paying attention? Look up Merkel's approval ratings.

>>23641558
> RKI doesn´t know where 75% of the people get infected
> don´t know if we will have a vaccine that works
> don´t know if the virus mutates every year like the flu and vaccines become ineffective
> don´t know if vaccine will cause health problems
> close restaurants and shops that spend a lot of money to develop concepts against Corona
> leave schools, universities and the workplace open, where people sit together in a small room for several hours
> kill every free time activity which will lead to many home parties/ illegal parties without any measures and will lead to much more people infected

This government is a joke.

Sean Connery is dead

>>23641654
FRAU MERKEL SPRITZEN SIE MIR ENDLICH DEN CHIP
HERR LAUTERBACH DRINGEN SIE IN MEINE WOHNUNG EIN UND KONTROLLIEREN SIE OB ICH EINE MASKE TRAGE

>>23641460
The problem with boomer land lords is that they paid a fortune and are over leveraged.

If they lower rent then the bank defaults on the loan.

WATCH THIS.

https://www.youtube.com/watch?v=NdfmMB1E_qk&t=1s

>>23637837
>buy $500,000 VOO after election
>$6,600 per year in dividends(usually higher, I believe)
>huge growth
$500,000 is too much to gamble around with. Amazon is on a huge high from corona, once things go back to normal there's no way to know if they'll be able to maintain the huge surge in stock price theyve seen. the market always trends upward, though

>>23637837
>>23642643
and in addition to simply buying VOO, do this

https://www.reddit.com/r/options/comments/a36k4j/the_wheel_aka_triple_income_strategy_explained/