/biz/ - Business & Finance

>>27101443
Coooom

next week is gonna be glorious, bros. are you ready? you ARE hodling, right?

OG /smg/ bros how'd this week go? i skipped the memes. did we even have chilis dingding? fucking normalfags and tourists ruined the golden bull and everything else

Reminder that NOK is a legit long term investment stock and isn't a meme

>>27101443
> Cool with antisemitism-edition
FUCK JEWS, FUCK NIGGERS and most of all FUCK JANNIES

Brothers I'm a newfag first time investor. I'm currently opening a fidelity account and its asking for my "core position" which do I choose spaxx, fzfxx, or fcash?

Why does the shitiest broker (RH) have the most appealing look/ convienience?

>>27101443
How do I sell my gme? I just looked at my portfolio and it was before 8 and I realized I don’t wanna do this anymore. I’m up 400% one of my stocks and made thousands of dollars and only been trading for a few months and I was up 70% of gme before I sold too.

I cant sell after hours and this is shit I don’t feel safe holding this shit. I’m up 500% on gme and was up like 500% on crypto at the same time.

I just want a good exit point like 380-450

>>27101443
I'm a Europoor retard with some money to burn. How do I get in on this bros? I've been trying to open an account on Degiro all day but it keeps rejecting my ID.

>>27101624
Well you didn't sell your boomer stocks to avoid the crash and go into all meme play.

Will this situation just blow over by next week or have lasting implications?

>>27101566
So sell either Friday or after a post wu flu rush to the movies, beautiful

>>27101703
You have to wait until market open on Monday. Premarket trading starts at 4AM.

anyone else buy the Apple dip today?

>>27101443
>mfw didn't sell SPCE at $58 and now it's dumping again
>mfw still 70% in profit in 3 weeks
this is going to $100 isn't it?

>>27101743
Idk they could pull even more dirty tricks

>>27101443
Someone make a hedgie are you ok song. I’m not autistic enough to do it.

>normies wake up at 8:45 monday morning
>excited for the short squeeze
>GME sitting at 345
>it moons to 550 dollars
>at this moment robinhood disables to sell button and declares bankruptcy
>SEC says GME was manipulated and all gains are invaild and everyone loses their gains

>>27101645
absolutely based
FUCK NIGGERS
FUCK KIKES
AND ESPECIALLY FUCK THE JAN MEN
THIS IS A N O N I G G E R Z O N E

N O
I
G
G
E
R

ZONE

NNZ NNZ NNZ NNZ NNZ

>>27101743
Consequences will never be the same

>>27101703
There are a lot of normie refugees from RH trying to gtfo and buy into these plays as fast as possible.

>>27101624
being a coomer paid off

>>27101840
I don't think it's even really begun to squeeze yet. Might buy more.

>>27101876
Sounds like a good way to enable PVP on a minecraft server

>>27101689
Same reason the shittiest computer (apple) has the most appealing look / convenience.
>so the goys use it

When is AMC exit?
I entered at 16 dollars.

>>27101643
blackrock just bought 333 million shares and owns almost 6% of the total company now, via a SEC report filed today.

now i own 4k shares instead of 2k shares.

>>27101805
Do you think I’ll be able to get out at a good price? So fucking scared

Lot of information about the shorts going around, were any significant amount of them covered this week?

>>27101973
How does $1600 sound?

>>27101829
no... monday has a good chance of being red.

Is NIO ever gonna drop down back to the 40's?

>>27101703
you want a good exit point? tie a rope with those paper-hands...

>>27101743
I hope (((they))) crash the market entirely.

>>27101876
>>SEC says GME was manipulated and all gains are invaild and reddit loses their gains

Absolutely based how can I do my part to help make this happen?

THEY CALL THEMSELVES SMG
A group of retail investors on STEROIDS, treating the stock market like a real life video game
Roiling markets, bankrupting hedge funds, and causing chaos on Wall Street
And if you try to short their stocks, WATCH OUT!
> Fuck Hedgies
> Break the Banks
> Crashing this economy with no survivors
These are just some of the posts from darkweb forums, where a shadowy collection of individual investors are driving stocks through the roof -- and driving established investors mad.
They've bought millions of shares in failing videogame retailer Gamestop, causing hedge funds who bet against the company to lose millions of dollars -- and those investors say it's not a game anymore.
> John Smead, hedge funder
> "I believe these activist investors are domestic terrorists"
BOOM

>>27101876
>>SEC says GME was manipulated and all gains are invaild and everyone loses their gains
SEC seems to be of the opinion brokers were acting like cunts and fucked over retails. Unexpected, but interesing.

>>27101991
No they didn't retard, they own that much in total. Since that website won't show you for some reason, go check the actual change in shares in the SEC filings.

>>27102065
Sounds like you're overleveraged. Gamestop could be anywhere from $100 to $1000 on Monday.

>>27101918
What app/broker is this?

kekekekek this is now being covered by linus tech tips. Hilarious.

>>27102097
Sounds fake and gay.
I am thinking 30 dollar exit when they remove restrictions.

>>27101566
>that means 86% of shares are shorted (by hedge funds) and 14% are being longed (all of us)
immediately stopped reading, this post doesn't have the slightest idea what is happening

Now that it's Friday, is GME going to tank? This whole week the play was to buy GME because Friday the shorts expire, but after Thursday's move by all brokerages to save the hedgies, is this still true?

Hedgie hedgie out on ledgie
Kikes chase you with pitching wedgie

>>27102118
that's fine im only invested in memes that literally the whole world is in on at this point.

>I am thinking 30 dollar exit

>>27102166
MyStocksPortfolio, it's a separate tracking app I use because my broker is useless

Bros... i am starting to think day trading is a meme...

Is Swing Trading the way?

So I own AMC and GME plus other meme penny stocks I threw a couple thousand bucks at for the meme potential, the question is: will the latter stocks be pumped with the GME/AMC squeeze or possibily they will explode when other people start pumping their gains into them?

I need to figure out a plan.

(((Lookner)))'s stream is fucking hilarious today

https://youtu.be/Dcd_yo0VUAs

Rewind to the beginning where he starts coverage on the RH shit

>>27102111

This. Too short for the ride, sez this carnie.

>>27102096
Not really, they went balls deep cause they're boomers and don't understand the Internet or the collective hate and YOLO attitude.

>>27102228
If we go down to $30 I'm liquidating my entire portfolio and going 100% GME and you can screenshot this, fucking hold me too it, John rocker call me a cucked poster if I don't

>>27101876
I don't understand hold meme. I was buying dips and selling for 150-200% profits everyday. Hold memers basically don't understand how to maximise profits.

>>27102190
the markets are closed youre worried too much, GME wont tank with only market makers trading. Wait till monday to see what happens and then decide what you want to do

Where my UVXY bros at?

>>27102096

Pass but CNBC took out paid adverts saying they had been earlier. Really makes you think.

Is all of this just of consequence for the people actively involved in the stock market or is it big enough to affect the real world?

>>I am thinking 30 dollar exit

>>27102171
>2021
>watching linus fag tips

Go back

>>27101991
looks like they went from 358-333, dumping 25M

Monday will be green right....
Indexes are bleeding for 5 days straight

>>27102365
> bought one share
> sold it 6 hours later
> took my wife to dinner, bought a home gym, and a book about rocket engines
It was fun to be part of something.
ALSO IF THE ANON WHO RECOMENDED I GET IGNITION TO READ IS HERE THANK YOU THIS BOOK IS AMAZING DO YOU HAVE ANY OTHER SUGGESTIONS

>>27101566
Why don't we have these specific details on GME eh?
Anyway stop bullying the shorts. Most of them are the real good guys. If you don't understand this then I sincerely hope you lose it all.

On a scale from 1 to 10, 10 being the most likely, how likely is it that a shitload of these hedgies were naked shorting the fuck out of all these companies that got hit hard by the corona lockdowns and the reason they're screeching SHUT IT DOWN is because all of them would go to prison if someone found out what they did?

>>27102190
a major gamma squeeze is going to happen on monday on GME and AMC you fucking mongoloid. maybe not the infinity squeeze but a gamma squeeze for sure, a lot of call options expired ITM and need to be covered now. closing over 320 was a big fucking deal (or over 9 for AMC). you don't even know.

>>27102408
Right here bro

I bought $18 strike price AMC calls expiring in one week.


Am I okay? It cost me $500. I am nervous.

I'm retarded and don't feel like spending 2 hours googling research. Are marijuana stocks something worthwhile to invest in right now or would it be a bad idea?

>>27102514
>Indexes are bleeding for 5 days straight
Afraid not, anon. GME situation seems to be bleeding indexes. Hedgies forced to liquidate. kek

>>27102514
if the squeeze happens indexes will be -5 MINIMUM on monday

>>27102106
>https://www.cnbc.com/2021/01/19/tencent-and-chinese-automaker-geely-team-up-on-smart-car-tech.html
>https://www.caranddriver.com/news/a35181624/geely-baidu-partnership-electric-vehicles-announced/
>https://www.reuters.com/article/geely-electric-polestar/geelys-new-ev-plant-will-build-premium-polestar-cars-sources-idINKBN27B0AR?il=0
Geely is starting to take the EV market seriously.
Geely is a much larger company than NIO, so please take this news into consideration

I realized r/wallstreetbets along with /smg/ is an emergent collective intelligence, a massively distributed trading entity. Something completely new, a Deus Ex Machine character. From the perspectives of traditional traders and analysts what's happening looks like gambling and it looks random when in fact r/wsb is operating on a higher sophisticated level. It's like trying to explain how Alpha Go beat Lee Seedol or trying to analyze the chess moves of Deep Blue. You just can't. A new player is on the scene and everything has now changed.

>>27102514
billionaire hedgies is manipulating the market but GME is HODLING

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

Just like the Boomer Bulls in days gone by...
We keep the green candels Flying high
You've got to see our reach from far and wide
You've got to hear the masses sing with pride

United! /biz/ United!

Were the Bulls from /biz/ and were on our way to the Moon you see
Moon you see!
Moon you see!

Were the famous /biz/ United and were going to Moon you see
Moon you see!
Moon you see!

In 17' it was BTC
Last 4 days GME was 83
And everyone will know who we are
They'll be singing 'Que Sera Sera

United! /biz/ United!


Were the Bulls from /biz/ and were on our way to the Moon you see
Moon you see!
Moon you see!

Were the famous /biz/ United and were going to Moon you see
Moon you see!
Moon you see!

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

>>27102416
It's like the 1/6 riots, very little material impact but it's showing that society is starting to break down and people are angry, and most disturbingly to them, that they're starting to break the containment pens they're supposed to stay in and hate eachother from to all team up and hate the people actually causing the problem

>>27102408
i bought 100 shares in the AH today. as a joke. hoping to get at least one good spike out of it.

>>27102572
can you elaborate on the AMC thing? I am so scared about my calls I bought. I wanna be rich. Reddit didn't let me buy stock so I bought option but I don't know how it works really.

>>27101443
Will /Smg/ get mentioned that on the eventual gme documentary

>>27102106
Xi wouldn't allow it. But seriously, I'm monitoring recent chinese pump n dumps. Just to see how much pumped these were when shills came here. Examples:
- EHang down 30% from top when it was shilled.
- TIGR down 20% (was shilled around $19)
- NIO - this one is up actually by 30%. Dunno if it's organic shilling then instead of pumpers.

Either way, I think it's safe to say that you should be on guard when chineese stock is shilled here.

I closed out of all my positions except for CCIV
This shit is going to crash hard

>>27102127
Inshallah!
Hedgies must pay the Jizya!!

>>27102589
Might have missed the boat a touch since they jumped up due to Canada green lighting them a few weeks back, that might not mean you missed everything though

How do you guys deal with /missingout/ and hindsight blues?

>have friend who I brushed off as a retarded WSB kid
>tells me to buy GME back when it was hovering around 30-40$
>wrote off as a meme, didn't know about the big shorts on it
>Finally see that shit is indeed happening
>manage to eek out about 8 shares around 120 before SHTF
>Might make out with 5 figures if super lucky. Aiming more realistically for about 7-8K and that's even a bit lofty
>Friend is gonna make almost 6 figures easily

Why didn't I listen? I could have thrown in 10K easy and bailed out when it hit 400+ for 6 figures.

>>27102111
Dude fuck off. Half of Reddit is probably trying to dump bags on newfags. I watched gme go from 16 to 450. I’m happy even if it goes to 1000 after I sell.

>>27101991
Be careful watching BlackRock picks. BlackRock makes money selling ETFs, so their imperative is to create more ETFs to sell and collect fees on. The way you get more ETFs is making themed ETFs for different markets/regions/whatever.

Because of this, BlackRock just buys fucking everything in large quantities. They don't buy companies because they think those companies will be profitable. They buy companies because they have specific ETFs that company fits into. BlackRock doesn't care if an investment makes or loses money because that result is borne by everyone invested in the ETF. BlackRock will buy dogshit if it fits into an ETF they're selling.

BlackRock is kind of like the Borg. They just want to own everything so everyone has to invest through them.

>>27102530
i bought 100 shares at 90 and sold them at 440 and now im part of the 6 figure club. to each his own.

>>27102711
Just hedge your positions with vix

>>27102531
>Most of them are the real good goys
explen

>>27102651
This,
We will win, world jewry is exposed to the world.

>>27102589
Just invest in Reynolds and get rich in 14 months when the dems legalize weed nationwide to win the midterms.

>>27102628
Reddit tourists spotted

>>27102531
that's true. if it weren't for the greedy shorts i wouldn't be making all of this money kek

>>27101624
is that your heartbeat flatnining anon?

>>27102768
Just move forward, I made a bunch of money on GME but sold NET at like $30, there will always be more opportunities

>>27102494
The main thing is is to bring normies into it. lmao he is now saying he's going to buy 5x whatever his fans buy and jut hold it until he loses it all. Normies are now on the HODL train.

>>27102324
So this?
https://twitter.com/SecureProfit/status/1354587467702263808

>>27102572
What's stopping them from doubling down again? Am I missing something?

>>27102783
>now im part of the 6 figure club
NGMI

>>27102768
It's not a bad thing to have common sense and caution. You miss out on incredible things but avoid horrific ones. This was a batshit insane event that no sane person could have seen coming.
> Got offered 40 bitcoin in highschool in return for giving a friend a ride home but laughed in his face and got $20 for gas instead

>>27102768
Newfag
Gme has been shilled here since 6-7

Any memes for tomorrow?

>>27102768
Anon, when pumps go public it means they are already in dump state. Pump might be prolonged by hype of unsuspecting crowd, but it's huge gamble on your side to join it.
Don't blame yourself. If you didn't commit to any of those, it means you didn't feel comfortable and rather chosen to be safe. Don't blame your past yourself for this. Just imagine how many times you would get burnt on pump n dump if you always trusted them unconditionally.
Still, I hope you will eventually find one that works out for you fren. Just please, don't be hard on yourself. Hindsight is awful, be more forgivable to the past yourself.
You must keep your mind clear if you want to be good investor, don't dwell on past, just learn what signs you missed so you recognize them better in future. And success will follow eventually.

>>27102589
ALEAF is still undiscovered. A penny stock but I'm bullish on it. One of the guys is a co-founder of OVO (Drakes company).

>>27102651
>>27102829
i've heard a lot of people noticing how this whole GME/AMC situation is redpilling the masses on the jew now. it's pretty good regardless of the money being made. like those CNBC interviews with chamath and the winklevoss twins where they indirectly named the jew. what a time to be alive, lads.

>>27102172
AMC will hit an easy $45-50.
$30 is the NOK exit. Unless you want to hold NOK long term since it's not a meme stock.

>>27102783
I only had a grand to mess with because I didn't want to risk my entire savings right before trying to buy a house and have a kid. Here's hoping my 100 nokia shares pay for his trade school in 20 years

>>27102622
I fucked up the format rip
>>27102628
>someone actually wrote this
Please don't ever post this again

>>27102856
I've been here for years and I usually just buy and hold SOXL with the occasional foray into meme shit. I'm just trying to make sense of what's happening and that thought popped into my head while watching yet another boomer on CNBC go on about how what happened this week is just gambling and blah blah blah. I personally sense something has fundamentally changed and I want to figure it out before I get ran over like the boomers.

>>27101624
I lost a good 10% of my portfolio on AQB calls this week, I just kept averaging down. I hope next week will be nicer to all fishbros.

how much longer until they start blaming this gme movement on the russians?

Is technical analysis a meme?

Obviously hypothetically, but if I was marked a pattern day trader, if I moved to a different broker would I still be it?

What are the chances NASDAQ falls 20% in the next week? Someone please answer me

>>27103031
>NOK
it will never hit 30 any time soon dingus

>>27101443
I read all your pastebins, but what including the Stock Market Words - what is a bull and why should he be trying to to kill himself?

>>27101443
>the fucking day my funds transfer and i want to buy gme again robinhood cucks me by blocking all purchases
I can literally do nothing but sit and watch the easiest fucking money I could have ever made just walk out the door. I started a transfer to Fidelity but that shit will take until NEXT FUCKING FRIDAY to be complete. And even then, I put everything I have into NIO and PLTR hoping there will be some profit to be made, so even when it deposits it will take until the following Monday to be available to trade. I could've been in the hundred of thousands right if I held what I put in around Christmas and could be at 1 million if this shit actually does make it to 1k.

At the end of all of this, I will always hate the jew. If my son should want to marry a jew I will disown him. If I should work with a jew I will do everything to leave him. If I watched a rabbi get ran over in the streets I would video tape it to watch for my own enjoyment later. FUCK KIKES. I genuinely hope this shit either completely destroys the USA or GME fucking tanks because if I can't have it, nobody can. And FUCK GOD for keeping me on his shit list. I'm sick of it and want off. The actual fuck have I done to deserve this?

>>27103031
NOK is in a magical situation where it's both a solid company turning a corner getting gov contracts and demonstrating that there is a reason it's still in business after all these years, while also still being a complete meme of literally being a finnish cult that's building cell towers on the moon

>>27103031
Mate chill. NOK has 20b marketcap. I was amazed that it was moved by 80% really, it was impressive. But doing 800% is not something realistic.

>>27103031
me again, i fucking hope it hits 30 anon

>>27102768
you're not smart enough to have gotten out at 400+, you'd be greedy for the 1k+ that was being shilled, hell maybe even the 5k+ i've heard some people shilling too. because you're a retard.

i sold at 440 when i heard the news drop early here and on stocktwits about RH delisting shit and banning people from buying because im smart and have no life. that's why i doubled my networth in a fucking week.

>>27103085
CLF formed a cup and handle and didn't do shit; probably because WSB manipulated the markets out of the Tranny's favor out of spite.

>>27103055
Are you that one guys who sells covered calls against his soxl leaps

>>27102948
At least you didn't spend 12000BTC on a pizza

>>27103162
nasa isnt government

>>27102514
i bought the dip

this GME shit is making markets more volatile, and funds usually don't like that
however, i'm betting on institutional traders buying the dip next week anyways

>>27103114
You're right, it'll skip $30 and go straight to $40. Thanks fren for steadying my paper hands.

>>27102782
just give me one more good pump and i'll be happy. i'm banking on the robinhooders being unleashed next week and all of the meme stocks that were banned from buying having a nice spike, at least once.

>AMD

fuck you retards im never listening to you again. You told me we would be at 100 by EOM

>>27102871
nah, just a pitstop before the upturn towards venus

>>27103085
>>27103196
yes, TA is meme. All those patterns mean shit. All that matters are bots that manipulate your behaviour and other traders that can either have steel or paper hands. It's gamble always. All you can do is plan you trades in a way that makes it relatively safe to buy shares.

Can't wait to watch "The Big Squeeze" at my local AMC theatre

>>27103210
i did spend 3 on a gram from silkroad

>>27102439

mustard yellow and trips and NOK goes to 50 monday.

>>27103210
> there is a fat italian man with a grease stained shirt who spends his days telling delivery boys they aughta done drive the faster witha the gps anda getta the pizza toa the customerie mozzerella lambourghini worth $420,000,000

>>27102768
This is what options spreads are for fren. You don't have to miss out, you don't won't be buying stocks.

>>27102920
call options are a right to buy a security. once exercised, the person who wrote them has to provide the shares. maybe they reload the short later but they have to buy shares to pay off the exercised options that expired ITM today.

>>27101443
whats up with the Options part of this paste, I'm trying to get into that shit

>>27103189
Only doubled in a week? How sad.

>>27101743
I'm honestly thinking shorts happen to a bunch of blue chips as they start trying to scare other investors who dont know about the GME situation, like your parents.

The next move on Monday might be to scan for short movements across the market to see if they are now shorting the mid cap or low cap stocks that saw drops. Then you grab and hold those stocks too that way the hedgies cant try to recoup by shorting some $30 tech company that gets all of its boomer investors shaken out.

>>27103267
They have exclusive contracts for 5g infrastructure in Finland, Belgium, and several dozen munipial areas across scandanavia and the EU
Also NASA is literally the government

>Interactive Brokers

>>27102651
So it's not 2008 level big? Even that was not enough to cause lasting anger. People will just move on to the next outrage.

>>27103209
>selling covered calls against options
is this even a thing?

>>27103479
Don't sweat it. Options and especially spreads are fucking wizard bullshit that takes hours of video tutorials before it fucking clicks.
Then you ignore most of it and just plug it all into OPC and make it go all pretty green and fire off an order.

How about BB guys? I rarely see it being mentioned lately. Is the hype over? Leddit seems to still be long on it. I don't get it anymore. I thought the meme was born in /smg/

what if Cohen comes in minutes to midnight and pulls of a Rohirrim moment, nah he wouldn't

>>27103084
Left and right pretty much abhor MSM right now. They've caught on to their click bait headlines, BS, partisanship, and sidelining stories that should be covered for weeks to months as apposed to 3 days.

Also this>>27103020

>>27103460
And how many of those calls were actually going to be exercised? Would be a shame if that simple factor threw a wrench in your plans

>>27102134
Its probably because the first things they tried is hiring the media to smear people, which just ended up backfiring. Then they cried to SEC and politicians, but they made it impossible to defend them.

this is a bullfrog market now.

>>27103533
2008 caused lots of anger but the ptb managed to redirect it into BLM and the modern commie/antifa movement because it overwhelmingly impacted poor people
This is fucking over upper middle class people and daytraders
But still yeah I have little confidence in the general population ever actually doing anything more than social media and fist shaking

what are my BB and AMC shares gonna look like on Monday?

>>27103585
I was in at 14 and sold most of it at 23. I had a limit and jews wouldnt let me cancel, luckily i couldnt cancel kek
I’m just gonna hold the rest of my shares

>>27103095
No, its tied to your account. There are people (retards) who have multiple accounts so they can day trade more.

>>27102628
Absolute fucking cringe kys amd never post again.
/smg/ will actually cost you a lot more money than it makes you until you can spot the pajeet shills

>>27103267
Leading govt contracts for 6G development in EU anon. It's a wild fucking networking company.

>>27103420
NOK literally going to the moon. Trips be damned. I'm in for 15k shares already and I'm not selling.

Any anons know what brokers didn't jew out this week? I'm in RH and want to buy more NOK without gay ass restricted trading.

>>27103757
$1 each

>>27103557
Yeah you can do that they are called credit spreads

Dubs and TSLA opens at 900 monday morning

Brothers what broker are we using now that rh and many others have betrayed us?

>>27103823
Fidelity seems to be the only broker who didn't fucking shit the bed this week.

I fucked up bad. I subscribed to Zerohedge’s Twitter and forgot that it would be constant FUD.

I took down my equity exposure bros. I’m heavy in the USD. This isn’t a good time to be long the dollar, is it?

>>27103757
About 3.50

>>27103460
I'm aware of being forced to provide at market price but would that not be by market close today? I'm unaware of how the actual timing of shares moving is processed.

>>27103585
They have a legit contract with Amazon so it probably would be a long term hold like nok

>>27101703
Sell? Never heard of it

>>27102948
>This was a batshit insane event that no sane person could have seen coming.
It was shilled on /smg/ since at least summer 2020 right around the Q2 earnings which were just before Cohen's first filing. Burry had been in it since at least summer 2019 when he was begging them to do more buybacks with all their cash.

>>27102177
This. You retards will eat up any screen length paragraph

>>27103908
Do they have a good phone app? Or is it one of the ones that are only usable on desktop?

>>27103328
Not until they can get sales on their GPUs. Good luck with that happening among all this shortage.

>>27102993
at the end of the day you just have to take the chance some times. the main key is to be early, but to be early you have to say "fuck it" at some point and pull the trigger, knowing that you could potentially be wrong. but by getting in early your downside risk is much lower than your upside potential as long as you're patient.

GME was mocked relentlessly when it dumped to $6 after the ER last year. it wasn't easy to dump your whole life savings into it then, no one could foresee this happening like it is now. but the DD was good and i knew the consoles were coming out, they weren't going bankrupt any time soon because their debt situation was great, and ryan cohen got involved.

that said, i bought at $7 and sold when some anon's FUD'd about it "crashing" from 9 to 8-ish, and then bought back at $10 and held for literally months. it went up to $15 on the MSFT news and i sold half to protect myself, 50% is a good gain i thought, and i only owned 100 shares at the time. then i watched it go to 20 and dump and 20 and dump like 4 times and i just held and felt shitty. eventually i sold at 20 and then the ryan cohen board member shakeup happened and it skyrocketed to 40 and i thought "oh well i missed out".

i bought back in at 70 on the dump from 160 and got stopped out at 84 when it barely broke the low of day after. i bought back in at 90 when it started going up above VWAP and just held it. i sold at 440 when i heard the RH delisting news.

I'm just saying: it's not easy. Hope my story imparts some wisdom on the matter. people like deepfuckingvalue are fucking insane btw.

What is considered decent savings for most Americans in this ass economy? $20k?

>>27103585
BB is a real company, they spun off their physical phone business to focus on security backend which was always their strong point, so I think they have a good future.
> Got into stocks 3 weeks ago
> Invested in companies I actually thought had a good future
> in a weird funk of being happy that I didn't get burned but also knowing I missed out but also also knowing I'm too stupid to have timed anything right and would have lost money

>>27103987
We’re getting way too greedy dude look at fucking reddit dude. There’s fucking WOMEM buying gme that downloaded robinhood 2 days ago. I saw a girl on reddit saying she was waiting for more onlyfans subs to buy a fractional share of gme.

I’m fucking out.

>>27104069
>Good luck with that happening among all this shortage.

why the fuck dont they simply make more

>>27103781
My average is $7.6 still feel bad. I missed on a lot of gains because I was thinking that I can't time the top so I held because I thought there would be maybe more in it. I feel so dumb. I know there's no short sequeeze going to happen but I thought there was enough retard strength

>>27101876
>moons to $694.20
>sell button disabled
>Ohs noes guys we have a liquidity problem :(((
>you can’t cash out
>you can transfer your shares to another broker though ;)

>>27104118
That’s a joke, right?

>>27103927
see: >>27101566
it's called "days to cover" i believe.

>>27103154
>I genuinely hope this completely destroys the USA
> If I can't have it, nobody can.
>And FUCK GOD

Yeez Moshe, I knew your tribe where more prone to mental disorders but drink some manischewitz and chill the fuck out we dont want your kikery around here

>>27104050
It's boomer as all fuck.

>>27104118
Depends on location. General rule of thumb is 6 months of expenses.

>>27104158
So fucking glad I’m in fidelity. Selling before this shit goes down. Fucking Jews.

>>27102768
If you missed out, you broke even. Any day you're not red is a successful day. That being said, take money you're not afraid to lose and be brave with it in order to have potential gains on runaways.

>>27104279
They have an app dude it’s just such garbage I use the site instead

>>27103913
Buy the dip after GME is squeezed

Any Ausfags in here doing this shit? How did you get in?

>>27102514
oh no 5 days negative how are you coping with still being up 13% in three months?

>>27104178
I have no idea. Many people I know live paycheck to paycheck. I figured low 5 figures would be considered 'decent' if 4 figures are 'adequate'.

>>27104129
Their security is legit it’s what drug dealers and arms traffickers use to coordinate sales

>>27104289
I'm still confused how so many people fail at saving. I work at a grocery store and have 60k set aside. I don't have cable, eat rice for dinner 4 days a week, and only drive 10 miles to and from work. And then my coworkers pull out a new phone every 6 months buy starbucks every morning leave work early because they don't want to stay and clean/work backstock after the main load is done then complain that the economy is rigged against them and they can't save anything.
I just don't get it.

What does any of this mean. Single-order options give me the right, but not the obligation, to sell by a certain date? But I thought obligation to sell was part of the point of options?

>>27102531
>Why don't we have these specific details on GME
We dont have these details on GME or AMC or literally any stock, short positions are private information

>>27104493
they probably dont enjoy rice every day senpai

i like to think i personally saved the short squeeze by holding GME above 320. you're welcome, guys :^)

>>27104100
GME DD was good, but for it to happen you needed thousands of people to buy shares. Once people jumped on board week ago it became clear that it is actually happening. I realized this at $80. It was unique in a sense that it was dommed to succeed at this point, so risk was lower in my mind. I actually put 100% of my portfolio into it at that point.
Usually pump n dumps are different. Pumpers announce them right after buying cheapies and pumping a little. Those are much more risky, because once selloff happens, stock price can plummet 50-80% in seconds.

>>27104502
Fuckin' forgot my god damn image

>>27104129
HURR DURRR
>inb4 BB is a real company
I know that that's the reason why I got in even before it became a meme but in hindsight I think it might have been just retarded which made it a meme. I have no idea what I'm doing but please newfag, that's not even what my question was about. Lurk more. I was asking about the meme energy. I was asking why it stopped being shilled here. I suppose it was just because people started buying into the narrative that BB is just a distraction at this point and people should focus on only GME and/ or AMC because of the shorts. Fuck me I feel so dumb having missed out on those beautiful gains

>>27104444
Me. It's kind of a hassle, but I married a Seppo chick.

>>27104493
>tfw freight lead and don't want to work backstock either.

>>27104141

>>27104466
You can look up the statistics but something like 90% of americans don't even have 2k savings. Probably not right bur something like that. The typical american doesn't have shit and is a wagie cuck, very few actually have cash like 2-20k lying around

So, while I am working long-term on moving brokerage (Dumb boomer companies are literally making me mail in an application), should I worry that Robinhood is not going to allow me to sell next week, if I decide to do so.

Oh who am I kidding.

>>27101689
So that the peasants use it and vlad gets rich selling the data flow to citadel who then makes a fuck ton of money frontrunning it

>>27104136
>OH NO NO PENIS IS BUYING IN IM OUT
yes good goyim buy out please
(not financial advice)

>>27103209
That's me. Just trying to make some sense out of this shit. I could be off base.

>>27104567
that's why i bought the dip when it crashed from 160 or whatever. honestly felt safer buying at 70-90 than it did buying at 7-9 to me because of what i was reading on here/stocktwits/WSB.

Robinhood is fucked lol
https://www.youtube.com/watch?v=6nEtElSMPSk

>>27104612
>(Dumb boomer companies are literally making me mail in an application)
Fidelity?
They are having a server problem so you can probably sign up again once they fix it.

>>27104533
I don't either but I enjoy it more than being broke and not being able to buy a house
fucking participation trophy generation god damn I'm literally the 30yo boomer now

>>27104182
Right. But isn't days to cover just an estimate on the days it would take at X volume to cover/buy the shorted shares/give them back? It doesn't seem like a contractual enforcement indicator but just an estimated rate of the enforcement. Thank you for taking the time to respond.

>>27104712
Yes, and they haven't fixed it after a day so I'm not counting on it.

>>27104502
an option order can be a call or a put
call options gives the the right to buy a stock in the future for a certain price
if the stock trades above this "certain price" or strike price on that future day then you can buy the stock below market value at that certain price

put options gives you the option to sell a stock in the future at a certain price
if the stock trades below this "certain price" or strike price on that future day then you can sell the stock for above market value at that certain price

>>27104535

>>27104594
I guess part of it is that I think I'm the only person at my store or possibly my state who doesn't smoke weed 24/7 so I'd rather get paid to exercise than sit at home being bored and watching tv for free

>>27104712
I wish I didn't have both Fidelity (for my IRA) and TDA I wish I could just move it all to TDA.

>>27104649
Still buyinf soxl?

Imagine if they had listened to Michael Burry in August 2019.
https://www.businesswire.com/news/home/20190819005633/en/Scion-Asset-Management-Urges-GameStop-to-Buy-Back-238-Million-of-Stock-with-Cash-on-Hand
>Given the market capitalization of GameStop at $290 million at the close on August 15th, completing the authorization would retire over 80% of GameStop’s outstanding shares. Depending on the timing and quality of execution, such a repurchase would increase earnings per share dramatically - far more than any other possible action on a per share basis.

>>27104607
Well I certainly feel much better about my GME gains then. It feels so weird just knowing I'll have so much safety net compared to other people. If the squeeze makes a bunch of millionaires/6kids, I wonder how the line between old money reviled boomers and new money gambling retards will affect the perception of class differences.

>>27101703
by clicking sell button faggot

Why are people buying AMC? The numbers don't look like GME at all am I wrong?

>>27104810
No I mean these stragies: >>27104570

>>27104567
also i've always wondered: how do people discover PnD's anyways? i remember listening to this: https://www.youtube.com/watch?v=EuYE4EB5wGE where he talked about being really good at trading "promotions". how do you find these "promotions" he's talking about in the first place?

im always interested in strategizing around high probability setups, especially buy the rumor sell the news ones. as long as it's consistent i wouldn't mind being able to buy a PnD and selling on strength instead of trying to time the top. the question is how consistently does something like that work? that idk. but idk how to find the PnD's in the first place besides here and WSB i guess, so i don't get much opportunity in that respect.

>>27104570
Investopedia is your friend. I watched the same options videos on their multiple times over a week or so before it finally started to click. There's also a lot of good yt videos.

>>27104940
GME is an extreme case, numbers don't need to be anywhere near that good to moon hard.
That said AMC is a much more sketchy play, even though the DD is valid.

>>27102993
I didn’t buy gme when it was 40 because I got traumatized by managing to catch the top of 3 pnd

>>27104876
Wait I assumed they didn't listen to him. Maybe they partially listened to him.
https://www.fool.com/investing/2019/12/10/gamestop-just-bought-back-a-crazy-amount-of-stock.aspx

>>27102514
>>27103270
Been lurking for almost a year, finally moved on this doge business. Turned 50 into 500, with fuck-it coins left over.

What kind of shifts could be expected from an investment bank pre-bailout? Would it be reasonable to roll 250 directly into one, the other into metals and dividends?

I know it's small potatoes, but fucking a 2.5 div murders my savings account, with a chance of growing on its own.

>>27104985
I remember someone around here giving me a pretty good basic intro to options but I forgot. I haven't been trading recently and only wanted to look at it again because of AMC and GME.

>>27104876
>we'd already be at $2000
wild

>>27104943
yes, i explained the first 2

>>27104940
Momentum

>>27104493
It's a personal thing I guess. Some people are willing to break back for security like you, some people want to take their pleasures as they come. Boomer discipline like yours though is admirable and 60k emergency trampoline is proof of it.

>>27104753
afaik it's like a ticking time bomb. they tried to supress the price and they failed. now they're fucked.

i mean maybe they can pull some jew magic out of their ass but idk, im betting on them having to buy it up on monday. seems like the higher probability is that the price spikes for at least a day.

>>27104865
>Still buyinf soxl?
I'm all in as far as the percentage of my account allocated toward SOXL. I'm not selling though since there hasn't been a confirmed change in the overall market trend yet. We're still up. I was able to buy back some of my February calls though. If we bounce back up next week I'll sell those again for more premium. I won't be selling any SOXL unless we break under 390. I think this is a blip though FWIW

>>27105138
>>27104943
a call option is 100 units of a single order call
a put option is 100 units of a single order put
its the same thing but big money uses units of measurements by the 100s,

>>27104337
Not my first rodeo. I remember when coinbase cucked everyone when it listed Bitcoin cash. I don’t know how this shit will play out but it will 99.99999% not play out the way everyone thinks it will.

>>27103068
The average down into 0 is demoralizing. Don’t let it get to you, we’ve all been there.

>>27105157
And I’m going to blow most of it on a down payment... i want a house soon for kids but worry I’m buying at the top

>>27105162
I appreciate. Just wanted the opinion from someone that trades it so consistently snd I was recently averaging in when it started to tank, luckily smart enough to hedge this gme shit with uxvy

>>27105158
>>27104753
streisand effect

>>27104337
TDA will let me buy but not sell.
I have a Roth IRA with Fidelity but is it worth it to move my account?

>>27101876
Whats Biden going to do?

Where is Biden?

>>27104493
Cause people can't manage money and/or are consumed with "things" more than actually retaining the money they make. It's one thing to enjoy a good treat now and again. It quits becoming a treat and you lose the enjoyment aspect when you do it 5x a week..

>>27105061
>Even with these dismal results, GameStop's stock price had already reflected a lot of bad news, trading below its liquidation value for much of the quarter. Seizing the opportunity, management bought back a whopping 22.6 million shares for $115.7 million in the quarter, at $5.11 per share. This followed a summer tender offer and more share buybacks earlier in the year, bringing the 2019 buyback total to 34.6 million shares for $178.6 million, at an average price of $5.14 per share. By quarter's end, there were only 67.8 million shares outstanding, down a huge 34% on the year.
>trading below its liquidation value
The play was in front of us all along.
https://www.fool.com/investing/2019/04/08/gamestop-deep-value-or-value-trap.aspx

>Webull approval taking days
>Fidelity: "We were unable to verify your identity You may continue the process by downloading an application, completing it, and mailing it to Fidelity. :^)"
I JUST WANNA TRADE HOLY FUCK

>>27104050
Fidelity is fucking trash. Clunky piece of shit and you cant even purchase option holy fuck boomers suck at making money.

>>27101443
why the fuck did I sell GME when it hit 38 and we all through we had made it, I still got 400% and made 30k on my 1000 shares but I could have had so much more GOD FUCKING DAMN IT HOW DID I MISS OUT

Also is this guy dead yet?

>>27101963
Apple is tight af the shittiest OS is Android. Apple actually cares about privacy too

DTCC THE MAIN U.S CLEARINGHOUSE FOR U.S STOCK TRADES RAISED THE CAPITAL REQUIREMENTS INDUSTRYWIDE TO $33.5B FROM $26B THURS, A 30% INCREASE
>DTCC THE MAIN U.S CLEARINGHOUSE FOR U.S STOCK TRADES RAISED THE CAPITAL REQUIREMENTS INDUSTRYWIDE TO $33.5B FROM $26B THURS, A 30% INCREASE
DTCC THE MAIN U.S CLEARINGHOUSE FOR U.S STOCK TRADES RAISED THE CAPITAL REQUIREMENTS INDUSTRYWIDE TO $33.5B FROM $26B THURS, A 30% INCREASE
>DTCC THE MAIN U.S CLEARINGHOUSE FOR U.S STOCK TRADES RAISED THE CAPITAL REQUIREMENTS INDUSTRYWIDE TO $33.5B FROM $26B THURS, A 30% INCREASE
DTCC THE MAIN U.S CLEARINGHOUSE FOR U.S STOCK TRADES RAISED THE CAPITAL REQUIREMENTS INDUSTRYWIDE TO $33.5B FROM $26B THURS, A 30% INCREASE
>DTCC THE MAIN U.S CLEARINGHOUSE FOR U.S STOCK TRADES RAISED THE CAPITAL REQUIREMENTS INDUSTRYWIDE TO $33.5B FROM $26B THURS, A 30% INCREASE

whats this mean?

>>27105500
use TDA faggot, webull is nice for the 4am trades

>>27105158
Alright. It seems a matter of do they finally accept the loss, if possible, or try to continue to stall. I did notice a lot of GME FUD post market on /biz. I think they're starting to feel the fire at their heels.

>>27105162
nothing much changed actually. This was just people getting caught for a week or two and will blow over in terms of effects on greater market.

Way too much money out there but it will distort things for short term.

Linus Tech Tips guy just got memed into dropping 50 grand on GME on monday on his stream, rewind a bit and watch him tell his wife.
https://www.youtube.com/watch?v=Ic7NhQ62njg

>>27105581
Meaning?

>>27104955
I browse /smg/ and try to evaluate which ones are dumps and which are honest recommendations. I don't hunt pumps, because those usually happen on closed discord groups. My simpliest filter is if stock grown more than 20% in past few days and someone says that it's going to moon soon. I don't take risks like that.
The only pumps I even hop on are the ones I see are overhyped and will for sure grow. But even then I'm conservative and pay out half of shares after small increase (10-20%). Sounds like small amount of money, but it's better to take small gain every time than to risk losing 50-80% of your portfolio because of greed.

>>27105583
It means buy GME AMC FIZZ and basically every ticker that is heavily shorted and or barred from purchasing.

>>27105602
Each day that is stalled they lose more money or something. Interest needs to be paid.

>Anon here suggests a stock
>It sounds pretty cool
>Look it up
>Sounds like it could be pretty good if their plans are successful
>Look it up on some of those investment rating sites
>All of them list it was a buy
>Forecasted growth anywhere from 50% to 250%
>Jump in
>Down almost 6% by end of day

I should have just dumped into AMC and rode the wave

>>27105296
where are you buying? Also you probably are buying the top. You can always buy land and depending where you are not get screwed

>>27105249
Okay I get that, I just want to know what the other strategies listed are and where they are useful.

Should I buy AMC

>>27105581
OH NO NO NO NO ROBINHOOD BROS WE GOT TOO COCKY

>>27105060
Understandable anon, everyone who is investing got burnt. That's why we are cautious. The first thing I can recommend new investors to do is tell "hindsight" in your head to fuck off.
All that matters is that you feel comfortable with your choices and don't put more stress on yourself than you can handle. When stressed we often make worst decissions that put even more stress on us and this is deathspiral that leads to bankruptcy.

>>27104940
Momentum and unusually high shorts. Its not even at a ridiculous price, its at the price it was before COVID, and they got loans so they arent going bankrupt any time soon. GME was just an extreme version of the same thing.

>>27105659
I don't really know but my grok is all the I OWE YOUs in the system are higher risk because of the insane realized volatility in certain stocks and money owed on certain options being way outside the risk curve.

Sort of a freak out on what they viewed as possible

>>27105581
>DTCC just margin called Wall Street itself

HODL ON TO YOUR BUTTS

>>27105659
There's gonna be a shit load of more retail investors.

>>27105659
A hedgie may lose a shit ton of money on shorts and they want to make sure the brokers don’t get BTFO.

>>27105581
What does this mean? Did we win?

>>27105583
This applies to me. I wrote a negative review that was immediately taken down. How does one file for arbitration?

>>27105830
Yeah I saw it was around 16mill or so with GME@300

>>27105913
Probably, maybe.

>>27105633
>putting 50k into a meme stock because chat told you to
sounds like a smart idea

>>27105885
Oh my god a whole day, your whole arm must be made of diamond

>>27105885
>by end of day
Stop only looking at the short term, nigger. You're always going to see red days, even on something that's mooning. These things take time.

CRASH COURSE IN PURCHASING OPTIONS
>Imagine someone put 100 shares in a sealed box that needs to be opened by X date.
>That box is an option.
>The shares are valuable because if you exercise the option, you unwrap the box and you get the shares for the price you bought them at, but only worthwhile if the price of shares changes to the strike price you picked or better.
>ie when ANON is worth $150, you could open your call box of 100 shares worth $1 and be in the position for much cheaper.

>The option/the box itself is valuable because other people would like the advantage described. You can sell your box to somebody else.
>The closer the price of shares are to your strike price compared to the shares in your box makes your box more valuable than what you purchased it at.
>Since options expire, your box will lose value on the market as there is less and less time for other parties to possess it safely.
>You don't have to meet your strike price to profit from selling the box, you just need to be closer than when you started within a certain timeframe.

>Selling the box is common. Opening the box is less so but is worthwhile for the right circumstances.
>Timing the market fucking sucks however and this is why options are considered gambling far more than shares are.

>>27105583
I cant wait until google is broken apart.

>>27105885
NOK? NAK? CLF? Not all memes are equal.

AMChads, how is financial freedom feeling?

>>27102127
>that gif
https://www.youtube.com/watch?v=WB27bqr7kJQ

>>27106128
all these analogs are dumb and confuse people more

>>27105583
More ammo for anti trust. Government is gonna give it to them up the ass soon.

>>27105633
What happened to Linus? He looks like a hobo.

>>27105501
Fidelity does let you trade options, but you have to apply for it on your account.

>>27105633
LE FUNNY FACE YOUTUBE MAN :DDD
I AM VERY FUN AND NON-THREATENING :DDD

>>27105422
Based. Why hasn’t the leader of the free world spoken out about this historic time in free trade?

>>27106386
The best thing was watching his face over the 10-15 minutes where he realized that he had just committed to investing $50k into GME and then calling his wife to tell her.

>>27105903
Once you know what puts and calls are the rest make sense just by reading them
the other strategies are just different ways to use calls and puts in a trade and hopefully lower your risk exposure.
For example a vertical call spread is a way to buy multiple call options at different strike prices, this way you can have some safer calls and some riskier calls at the same time
calendar spreads are the same but with date, you could have some that expire this week that are safer and some that expire next week which are riskier
im not too familiar with the pros and cons of straddling/strangling. dont want to mislead you on those

>>27105633
Sounds like a very painful experience for him. I'm sure he noticed very much and that his wife cared very much and he didn't just tell his wife so his soi-based audience wouldn't gape their mouths open with laughter

>>27105422
Biden doesn't even know where he is.

Kek

>>27106318
This
Just watch InTheMoney
He explains it so that a five year old could be trading calendar spreads after watching three videos.

>>27106318
>all these analogs
>"an option is like a box with 100 shares inside"
>confusing
are you ok anon

>>27106598
Blackrock in the middle.

Anyone else get on the $TOPS train today? Shit was cash

nok

>>27106711
It's a reddit thing. They can't explain a short without talking about bananas or something when it's the simplest shit.

Is S&P gonna crash? Should I just pull my money out and wait for big dip in market?

>>27106834
Based and NOK pilled

>>27105885
Boomer stocks take months and years to yield a steady return. That's why we're all chasing pump and dumps while trying to find cheap but dependable companies to pad out the retirement half of our portfolios.

Maybe you should just stick to crypto.

>>27106846
They only explain shorts lik that because it's become a meme. 'Apes together strong' and all that shit. This is WSB we're talking about they're hardwired to speak only in memes.

>>27103908
Vanguard was pretty good. No issues there.

nok.

>>27106905
Today was the dip.

>>27105422
>>27106436
HE'LL do literally nothing. They've got to toe the line between a crackdown and absolute silence so proles don't realize they can do THINGS.
Yellen. Maybe Harris makes the announcement. Probably 1300 EST.

>>27106598

>>27106999
Trips of embarrassment

Am I the only one panicing about the US stock market crashing and we're entering another depression?

I actually went out for once today to the supermarket and everything looked hella expensive.

Open the door.

https://youtu.be/NATSpYWERIE

>>27107022
I mean long term market correction dip. Or will that not happen until the Fed raises rates?

>>27107046
Did you think we were joking about 3% daily inflation?

>>27106128
>The closer the price of shares are to your strike price compared to the shares in your box makes your box more valuable than what you purchased it at

The fuck kind of engrish is this? This is supposed to be the simple explanation?

>>27106711
Are you high? That post is literally has anyone really been far even as decided to use even go want to do look more like. Its illegible gobbledygook.

>>27107149
I was more worried about GME inflation that I forgot about it

>>27106950
>cheap but dependable companies to pad out the retirement half of our portfolios

Got any of those?

>>27107044
Dubious dubs of humility.

>>27107100
They arent going to raise the rates. But there will be a big dip soon, but probably not yet.
Two main scnearios:
>We crab for a while then it starts going down gradually with a few big red days.
>We continue to climb up until everyone has put there money in the market and then it will all collapse in a spectacular fashion.

>>27107149
Yes. That's ridiculous.

The NOK elite will inhabit the earth

NEW @_@ !!

>>27107373


>>27107373


>>27107373


>>27107373


new

>>27107373


>>27107373

>>27107213
Inflation should be a driving factor in your investment choices.

>>27107193
precisesesly

>>27102768
stay uppity. he offered you intellectual charity, but you refused out of pride. but who are you? why is he dumb? it's you who is dumb.

>>27107308
It won't be so ridiculous when we have to beat 12% daily inflation next year.

>>27107270
>>27106834
>>27106949
>>27106999
>>27107364
See
>>27106598
AMC

>>27107149
>tfw didn't beat 300% daily GME inflation

>>27102352
>too
you didn't stick with school why would I trust you to stick with this

>>27104118
The average American statistically doesn’t even have $1k in the bank, much less savings