/biz/ - Business & Finance

Hello everyone. Sleep tight

youtube.com/watch?v=GXxj9uvJi-o

LINE GO UP!
LINE GO UP!
LINE GO UP!
LINE GO UP!
LINE GO UP!

>>27795751
Night!

thread theme song
https://youtu.be/WQgu0MpnKq8
good night /smg/, see you in a few hours

>>27795813
Why do anime girls have so much energy?

Futures?

fucking snow shovel man a snow shovel

>>27795861
What happened

Good morning I love CLF

https://stocktwits.com/symbol/CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

---------
$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

reminder

still holding GME here but not at a loss, should I wait until the 9th and see if this magical data will make the pump resume or should I sell at open and go in to an /smg/ pick

>>27795826
goodnight

>>27795916

The best part of this is wsb is finished

DKNG

also RKT

>>27795709
chamath btfo: https://hindenburgresearch.com/clover/

>>27795973
bro it's over
>https://fintel.io/ss/us/gme
>https://iborrowdesk.com/report/GME

>>27795984
good call on RKT I sold out today cause 4.5% daily returns can't be matched over the long run but the run up will probably continue

>still holding GME here but not at a loss, should I wait until the 9th and see if this magical data will make the pump resume or should I sell at open and go in to an /smg/ pick

How does a company's stock price react to a stock offering? I'm guessing prices usually go down because there are more shares and cap isn't changing.

market cap == shares x price right... ?

>>27795973
>holding GME
>Not UUUU~

>>27795714
For every dollar spent on investment so far, we have and will continue to make a little more than 3 dollars per dollar.
>IIPR is real estate
>per dollar invested in land that land is giving us 3/4 dollars per dollar we spent.
>IIPR is currently worth more than 200$ for a reason
Also dividends of 1.26 because it is an REIT. which grants special taxes. I am in accounting. This is absolutely long term gains. Though it can be used for short term on penny stocks. you can see whether or not there is growth or stagnation.
Pretty much so long as you don't come up negative in the equation; your company is going to do fine and should grow in the stock market. These are fundamentals and do not cover the current clown market; though this is what I used to get into my cannabis stocks.
>College is actually important

>>27795860
Pasts?

Took some of my GME gains and bought ARKK, TQQQ and CHWY to honor papa Cohen. Did I do good?

A nigger got a 24M diamond embedded into his forehead and i cant even grow my 4 figure folio

>>27796020
can i trust this data

how i make line go up

>>27796138
around the peak the website showed there were 0 shares available, and the interest rate was at least 30~40%

>>27796102
Uranium is plentiful all over the Earth. Might as well buy a worm farm.

>>27796129
Spacs n penny stocks. Use stock screeners too

>>27796138
there is no reliable data until the 9th, either hodl or sell like a bitch

Is there any point in investing in both a managed fund and ETFs, or should I just go all in on one?

Did the Fed and the internet kill value investing together?

>>27795988
short IPOE

>>27796129
NGL embedding an 8-figure precious stone in your forehead is pretty based not to mention a good way of ensuring it isn't stolen.

>>27796129
>OPTI

>>27796129
Develop a marketable skill like he has.

>>27796228
short interest of float doesn't even matter at this point
current price of GME isn't high enough to pressure the shorts(they probably have opened new shorts at 300~400usd range)

Are you guys MGTOW?

I wonder what the shinobi/ninja poster has to say about the current situation of GME. With so many people jumping ship, will there be mass reports of FTD's? If his theory was correct, did they just get away with it?

>>27796275
The bottom is probably $40. But what do I know. He is probably right to hold

>>27796339
late again M8

>Crash 50% in biggest crash since great depression
>Recover to over 100% in less than a year
>Mass unemployment, business closures, and missed debt payments, but no inflation
>stock market ballooning like crazy
What does it mean?

>>27796211
Buy the dip on stocks and ETFs like PLTR, BILI, SOXL, TQQQ, ARK funds, NNDM... Not meme shit like UUUU or Aquabounty. Wouldn't hurt to have position in bitcoin, either, though it isn't a stock...

>>27796329
squeeze was never going to happen because what reddit failed to realize is a squeeze needs to be instant and sudden to surprise the shorts. It took reddit way too long to buy GME so shorts just repositioned and didnt have to buy shit.

Is Tesla the sixth most valuable company in the USA?

>>27796129
You all know he doesnt own that diamond right? He FINANCED it. He’s paying monthly payments on a fucking loan for that rock

>>27796281
That's the million dollar question isn't it? Can we safely dump all our money in TSLA and ARKK or should we put it on safe shit that would be able to weather the storm if the fed raises rates.

>>27796253
There are a few managed ETFs like ARKK, ARKG, ARKX which outperform index ETFs. Stay away from mutual funds because they're the worst of both, high management fees and poor performance.

Is there any hopes of getting money in a class action lawsuit against robinhood. I just want to recoup the 800 dollars I lost...

>>27796101
pretty sure it goes down because a stock offering is the best idea when a company sees its stock price is too high, company's buy back their stock when they believe that the stock price is too low

>>27796389
>squeeze was never going to happen
it was going to happen if robinhood hadn't blocked retail from buying
it all fell apart after the restrictions

>>27796281
Yes

>>27796395
It's been valuable in multiplying my portfolio 6x..

>>27796465
shorts probably already repositioned long before that happened. The friday jump from $4 to $150 was probably the real "squeeze", the rest was just a pump.

>>27796314
did pretty well with this stock, bought at 6 cents, sold at 25 cents, rebought at 16 cents, and sold at 21 cents. was easy money

>>27796407
Nvm, that's NOT based. It's NULLED and LOCKPICKED

>>27795916
Swing with the rest of ‘em.

>>27796105
that's not what ROA means brainlet

The fact penny stocks are starting to be accepted by morons is making me nervous. For years it was the best place to make money and everyone shit on it.

Now people are starting to realize they're wrong and that's when you know the market is gonna break.

>>27796557
why are you selling? I have over 300% and this stock is going to at least .70 With the Z20 app and UV sanirails. I think this stock has potential is hit 5-10 dollars. Which whill put us in 6 figure territory. I am holding 12.8k shares.

>>27796129
>>27796407

Getting a loan for 24M isn’t based at all. Maybe if you were getting a business loan of some kind. But getting a loan for a fucking diamond is one of the worst financial choices you can make.

>>27796664
Money percolates to penny garbage when buyers are running out of things to buy.

what do I buy at open?

>>27795988
>the pajeet billionaire was a scammer all along
Not surprising at all but
>Clover: Our Sales Are Fueled By Great Software
>Former Employee: Clover’s Sales Are Fueled By An Undisclosed Relationship Between Clover And An Outside Insurance Brokerage Firm Controlled by Clover’s Head of Sales
This article might be better than the NKLA one lel

>>27796427
Probably not. Robinhood didn't lose you money, you lost money because you're an idiot who assumed to have knowledge of an area you've spent no time researching besides looking at shitposts and emojis.

I'm too scared to go lower than 50% cash, the euphoria is too much. We waltzed over the last correction like nothing.

Everyone knows this isn't normal right?

>>27796689
I'm in other speculative stuff that I like a bit better

>>27796689
how sure can you be about a 2.5x on that?

>>27796739
I've made over six figures on the OTC for the past four years.

It's not even difficult. Basically free money.

>>27796771
holy shit what a dumbass in pic i hope thats bait

>>27796771
>buying at open
>not sleeping 'til noon and making your moves when the volatility has been shaken out

>>27795903
I would give my life right now if it meant i could drown you to death with my ballsack before I go

>>27796796
>Robinhood didn't lose you money
Buy restricting trade they did lose people money. Go to bed melvin, you are drunk

>>27796815
Most money to be made in a bubble is at the end of it. Just hedge and also have things that are still beat down comparatively.

>>27796845
how much money you put in?

>>27796876

SELL YOURE GME TOMORROW I WANNA GET RICH

Yes hello. I’m looking for anime gf please. Thanks

>>27795973
If you like the stock hold it. Fundamentals suck but there might still be some rollercoaster action yet to come.

>>27796842
>I am high on 2 billion dollar deals

Why is there no attention around stocks on the internet compared to their relative value in society? There's a lot of random ass boomer forums and there's financial news, but reddit and /biz/ are the only places people talk stocks really, and up until GME most people didn't even care about stocks on reddit. And even when people do care about stocks, 80% of the time they only care about a handful of meme stocks, tsla, or index investing, barely any talk of ETF's or other equities.

>>27796815
I heard from some random guy on /smg/ that bubbles historically take weeks to pop, so you should ride the bubble and have an exit strategy.

>>27796876
Put your trip back on

>>27796988
would i regret putting 200$ into it after 11am today? ill certainly cash out around 70c if i goes up

>>27796964

>>27796903
Started with around $15k.

>>27796986
I bought it for Cohen but i feel awful for not selling at high because of data autism

hello, i am new investor

i am 'yolo'ing all my tendie money into **BB** please buy **BB** so i am not underwater.

thanks.

preferably calls as well so i can sell covered calls.

they has bullish announcements over the next couple months coming

:rocket: :rocket: :gem: :open_hands:

thanks in advance

>>27796964
Best I can do is anime mommy.

>>27797004
Mutual funds and hedge funds still owe their existence to a perceived belief that what they do is hard or that what they do is better than simple and stupid things like index investing (which is honestly the best option for most retards of the general public).
And it isn't entirely related to Boomers. There is this persistent human need to have champions. Even here we have shills for Cathie Wood, Elon Musk, Big Poo of do the needful SPACs, etc.

>>27797070
We aren't getting a serious pump until march. That is when the Z20 app goes live in texas and florida.

>>27796020
>>27796138

>>27796964
>why yes, I masturbate to chinese cartoon girls and imagine myself hugging them at night before sleeping, how could you tell?

>>27797004
People talk about stocks a lot on the internet, just in secluded bubbles. There's tons of financial Youtubers, and there's Tradingview and Stocktwits (though these all have their share of dumbdumbs.) The thing is most normies don't have money to put in stocks, nor do they have the know-how. Also most normies are consoomers.

>>27797150
i can hodl a small amount in kt and check it everyday until then. i have no life lmao. from what ive read they seem like they can make money evetually

>>27797134
>t.redditnigger bagholder

>>27796105
>your company is going to do fine and should grow in the stock market.
At what value does this an equal or better alternative than investing in SPY with a bit of margin and waiting the same length of time? What value would you see and go "OH that's significant, i should go in on that" ?

>>27796771
XL, and ride an EV garbage truck to the moon.

>>27797195
>financial youtubers
>stocktwits
ngmi

>>27795709
TRUST
https://www.youtube.com/watch?v=7hEJzBRYQk0

>>27797035
They do, I think the problem with that though is that when you're going hyper bullish and fully invested in the stonks only go up mindset it decays your ability to critically value companies and more importantly trends. So when the bear market does come you will struggle to pivot your mindset to one that works in a bear market, you will find yourself making those snap decision gut feeling plays that would've worked well in a bull market, but in a bear market lose you money, because you've trained yourself to not lose money double guessing yourself when things only go up. It's a war of attrition, and sometimes you will end up losing out by keeping that bearish mindset around.

Not that it fucking matters though, I fully believe we've embarked into a paradigm of "markets go up until they break", there will never be a downside only up and then when things do collapse the markets are just broken and bears don't get to cash out anyway.

>>27797171
Extremely based

>>27797035
a second bubble burst will kill the usa

>>27796849
It's not. He's a faggy new yorker youtuber with politics so gay that you could only have them if you weren't aware America exists outside of NYC, LA, and DC

>>27796408
I have this feeling that growth has steadier gains over time while value has volcanic gains once in a while. However I also wouldn't be surprised if value investing worked not just in higher interest rate environments but also because common stock information waa harder to analyze than now i.e. it was harder to price in anything.

>>27797035
As funds get "smarter", corrections get faster and faster. We shed 1/3 of the indices in a month last year, while in 2000 it took almost a year to shed just as much.

>>27797329
good

>>27797035
I wouldn't count on that with modern trading. 2008 still trading floors, it's all electronic now

the redditnigger cope and crying is increasingly delicious to read

>>27797286
Anon I did say they were full of dum-dums. Stocktwits is basically a copium machine and financial Youtubers have people hyping up every possible angle and thesis, but you CAN find some good tips if you know how to filter out the trash.

>>27797035
Bear markets are months to years long. Bubbles are weeks to months. The dotcom was more than a year.

>>27797151
Index investing only looks good when the market is up though. If you compute index returns vs fund returns from the top of one bubble to the bottom of another bubble, 00 to 09 for example, returns look much worse

>>27797265
Sorry senpai. I am not Warren Buffet. I just know principles and when a company will grow in the emerging market. Stick with markets you understand, look into emerging companies and high profile names/investors. I am balls deep into PIPP
> PIPP

>>27797380
So what indications do they use that we're at the top? Yield curve is one, what else is there? Just a gut feeling of how much fear is in the air?

>>27797329
this, the people will snap if the only positive thing (stonks) takes a shit and the covid bullshit is still enforced. the chinks will have nominal gdp overtake the usa gdp all the sooner which is going tk be a massive shock to american morons.

>>27795860
>futures
ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

>>27797497
dont you guys get tired of this meme
when futures actually do shit the bed it'll be hard to tell

>>27797444
In any period of time when index funds were a loser, then being in the market at all was likely a losing proposition.

>>27797265
Margin is too risky because if you get retarded and refuse to sell at a loss you can blow up your account
2x leveraged ETFs you can hold forever and one day you're almost guaranteed to make a profit

>>27796129

>>27797497
we are green jerk

How do expense ratios for qqq and tqqq work? If I’m at a positive even if by 1 cent I don’t get bogged into negative do I?

>>27797329
Hehe, I'll just kill myself first, thus effectively ENDING reality. Nothin' personnel US...

>>27797546
Drake's Patek Philippe is "Going Nuts" thanks to Virgil Abloh.
One could make this argument.

horsebros what do you think is in store for us today?

>>27797444
What fund are you talking about?

Holy shit futures are all fucked up, we got too cocky bull bros

>>27797606
what the fuck is going on with horsebros? is that a short squeeze?

>>27797385
That's what a lot of people don't fully understand. Volumes are higher, movements are faster, and securities return to the mean almost immediately.

>>27797480
If it were possible to tell where the top is, there wouldn't be a bubble. There's no leading indicator for the bubble bursting.

>>27797004
The entire internet is fueled by gay ass politics and culture war garbage. Finance stuff is confusing and boring to politicsniggers and cultureniggers who get high on their high school drama. But that's all petering out now. If trading becomes popular in the wider web we're going to see the bull run to end all bull runs.

buy call for tesla what could go wrong?

>buy AQB
>everyone immediately stops shilling it

Freaky action tonite friends, indices and gold and commodities and bonds AND VIX all green with the dolla flat O_O
Anyone have any idea what to make of this? I feel liek hedgie evacuation did some weird stuff under the hood
also >when my dad asks me how to buy dogecoin

>>27797527
Well hence hedge funds, which hedge against the downside, and sometimes even make gains. I'm simply saying the "index performs better than a manager" meme only holds true when the markets up for a long period. Also we've seen historically low volatility this run, saying funds perform better than indexes during an unprecedented bullrun is a little disingenuous

>>27797711
>There's no leading indicator for the bubble bursting.
Growing movement into literally any other asset. The dotcom bubble was preceded by large commercial real estate purchases.

>>27797607
Pick any of the good hedges. American funds usually do well during a downturn, comparatively

>>27797560
The ETF price for TQQQ is going down about 0.2 cents per day to pay for their expense fee
For QQQ it's much lower because it's an easier instrument to maintain and they make money from lending the shares they purchase

>>27797580
>ENDING reality
That will only happen when the primordials stop playing their chaotic jazz and our god wakes form slumber

>>27797560
Expense fees are annualized against your holdings for the year. They compound. If you have an ARK ETF (0.75%) and $10k they charge $75 for the year. If your investment goes up 50% the next year to $15k they will take out $112.50 that year and so on.

>All in Gevo

>>27797318
That's what I'm afraid of. I'm REEAAALLY good at making money in the bull market but I don't know when to sell! I'm both excited and terrified at the same time!

>>27797035
I think it was me, and I'm glad at least someone listened.

>>27797318
+1
One of the meain features of the dotcom era was the often mentioned peak euphoria, the same thing you're talking about. That made people lose a shitton of money.

>>27797380
>>27797385
HFTs have existed since like 1990. Trading has been fast and "smart" for a while now.

Tonix? Too late to open a position?

>>27797751
Dollar rally is priced into commodities but has not been fully realized itself, hedgies moving too much around (possibly on purpose to capitalize on arbitrage opportunity)

What is the best way to maximize gains?
I was thinking of going all in on ETFs, most average above 10%.
Good idea? Bad idea?
Should go in on blue chips?

>>27797769
>Well hence hedge funds, which hedge against the downside, and sometimes even make gains.
No. Most do worse on the downside too. In particular, unless you held large short positions into March you got reamed,.
Where do you think the fuel for the endless meme squeezes on NKLA, SPCE, TSLA, etc. come from?
Index outperformed mutual funds for decades. They rebranded themselves into tax haven versions that could take short positions and were still beaten by indexes. The only reason they exist is that something on the order of 5% of them DO beat the indexes and so big money treats that part of their portfolio as speculative.

>>27797912
All in on AQB

>>27795751
Don't tell me what to do.

>>27797261

There’s nothing wrong with holding stock for several years, so long as the companies aren’t hot garbage.

>>27797816
Don't bully GEVO! it is a good wholesome stock meme

>>27797745
All went broke over night. Pretty based stock

>>27795988
Ayaya, Based Curry-American IPO man is a scoundrel?
I'm glad I'm not holding IPOE right now.

just had a good wank, think I'll buy a new onahole soon
what stocks are on the wind and whispers for a pump and dump

Good morning, buy SAP and hold for a few months. Won't be a moon mission, but should give some comfy bucks.

>chief technical officer from amazon
>chief marketing offier from chewy
>chief financial officer from chewy
>CEO from chewy
>probably triggered the $100M shelf offering during the squeeze (I'm not sure they have to report using it until Q4 earnings, because it was already authorized)
>stock rapidly approaching pre-squeeze prices
It's time.

>>27795861
lmao holy fuck

>>27796275
This is Qoomer tier

>>27796372
That it'll crash again, just bigger and harder.

>>27797941
I'd like to make consistent gains with smarter investments, not gamble on a sub $30 stock.

>>27797912
if you have the capital just invest in vanguards for 9 months OR play with the 3X leveraged ETFs and do that weekly

>>27797984
Im predicting it gets oversold to $20. I expect it to dump to a certain level and then sit around there for a few weeks. Thats when ill know its time. After it breaches $40 is when ill start selling puts thougg

>>27796771
Eastern Colorado has some really cool places like the paint mines and the grasslands near lamar.

>>27797984

yes agreed. re-entry imminent.

>>27797870
>I think it was me, and I'm glad at least someone listened.
If it was the picture of the NASDAQ overlayed with the S&P 500 I think it was probably you, yeah. Thanks for the tip!

>>27797785
An "accurate" leading indicator is paradoxical. As soon as one is discovered, it becomes near useless as firms leverage it. Think about how the volatility smile arose almost immediately as a result of Black Monday.

>>27797870
It's not the result of HFT. Pricing models in have become a lot more accurate and faster, meaning that price changes can be taken advantage of much more efficiently.

>Post my picks on /biz/
>google starts recommending bankruptcy lawyers
B-BROS?

>>27797941
I own 10 shares but only as a joke among frens

>>27797751
I think VIX just overcorrected a lot. That was an insane drop over such a short amount of time, I'll bet spy puts are pretty underpriced

>>27798163

All jokes aside, I had 450k before GME, and went up to about 1.6 mil and had many days to exit with a profit. I mistakenly latched onto the "movement" and realized how dumb it was today (a little late i know). Decided to sell and i now have about 200k.

Call me dumb, call me greedy, call me whatever. Yeah i know i can make it back, yeah I know its just money.

Point is i haven't felt this lost in like....ever. I feel sick to my stomach, this has consumed my mind, and I can't even fucking sleep without thinking about how stupid i am, which is why im typing this when i have work in 4 hours. I'm so scared that my next plays are going to lose me even more money. I know i should take a break probably, but i really also want to make back some of my dumb losses.

Anyone been through something similar? How to get your mind off shit like this when its almost impossible with everyone still talking about it? Feels fucking bad man.

>>27798274
Yeah, I lost $500 on fucking SALMON.

>>27797532
so you argue that TQQQ is the way to go for long term?

I was under the impression leveraged etfs were an intraday intended investment. Not a long term one.

>>27798274

>>27797318
>I fully believe we've embarked into a paradigm of "markets go up until they break"

In a thread earlier today I was saying that we are entering a paradigm where we are going to have -20% to -50% corrections annually and just blow past it in a couple weeks and be at 200% in 6 months. The train is going way too fast to stop now. It's hyper boom/bust cycles until the USD implodes which is either going to be tomorrow or the end of time

>>27797450
thanks for answering. i'll chew on what you shared.

>>27798274
you are right that you can make it back, just with some extra work or smarts

>>27798274
200k still a lot of money. you got out before it got worse. think of this as a 250k lesson in risk management. let no single stock make up more than X percent of your portfolio. establish limits for how far you are willing to let a loser drop before you kill it, and stick to these limits.

>>27798274
I lost 18/25k on Gnus. I learned to never fomo and play good stocks. Now at 60k because of Gevo

>>27798274
You'll unironically get over it once you've thought through what went wrong, and more importantly, how you're not going to fuck up like this again.

You were a caterpillar before, and now you're in a chrysalis. You are liquefying right now. But you WILL emerge as a buttefly. Or a fucking moth, I dunno.

>>27798274
You just need a reset, absolutely do not chase your losses that will lose you way more money. Take out some profit, throw it all in some stable ETFs, and just go fuck around for a week without checking your phone or anything, take a vacation. I've almost lost everything chasing after my losses before, good luck

>>27798333
No TQQQ is 3x
I said 2x, QLD and SSO are the 2x etfs
3x is too risky yeah
it's still better if you manage to get out before it plunges obviously no matter what you hold

>>27798092
>vanguards for 9 months
Why 9 months?
>play with the 3X leveraged ETFs and do that weekly
Are you talking about swinging or options trading?
I have quite a bit a capital (enough to run covered calls on AMZN) to play with so I can pretty much do whatever, I just want to make sure my time isn't wasted.

maybe ill be a truck driver

IWM...

>>27798421
>good stocks
>GEVO
lol ok.

Is there a correlation between the exiting of options by traders, and the price of the underlying asset ?

>>27798515
Come at me faggot

>>27798421
Wow, i didnt know anyone else in these threads lost more than me on gnus. 11k here. Is that you john?

>>27798274
There’s an emotion cost to investing that a lot of DIY folks don’t take into account.

If you’re going to pick a speculative/meme play, don’t invest more than you are prepared to lose. And don’t think about “winning” it back, that’s casino loser mentality.

Every time I’ve lost money on stocks I learned something. What lessons will you take from your ordeal?

>>27796887
They legally restricted buying more shares in order to appease their clearinghouse, you and the other bagholder could have exited at any time but you fell for a meme and lost money holding it into worthlessness. Take some fucking responsibility for your actions.

>>27796275
This could of been tinny it actually probably would of been since I can’t imagine him taking profit

>>27798616
Uti bro here.

>>27798520
The more outstanding calls, the more stocks MMs have to hold to cover the calls if necessary. If you sell them your call back, they can sell the underlying.

>>27798656
Im still hodling my bag. Did you sell?

>>27795952
WHY DIDN'T I FUCKING SELL AT +20K
FFFFfffffffff

>>27798631
now THIS is good bait

>>27798274
Keep in mind that it's difficult to make a truly "bad" investment. If you could consistently make "bad" investments, you could just as easily make "good" investments by doing just the opposite.

What's the point of this?

Well, since for the most part, it's just as difficult to make a "bad" investment as a "good" investment, you can't really fuck up.

When you bought into GME, you took a risk. When you lost that 250k, that was just the toll for going for that big gain. There's nothing wrong with this, it's just life--there ain't no such thing as a free lunch. In an alternate universe, you made 250k, but this is the timeline in which you didn't. You're not dumb, just unlucky.

>>27797942
Who the fuck talks shit to someone pointing a gun at you?

>>27798710
GNUS? I sold that shit asap.

>>27797927
Sounds like it's the millionaires and billionaires who invest in hedge funds that need to wake up to the truth about most of them. That is when they will be truly fucked. That and if artificial intelligence replaces them which is likely to be the endgame of most Wall Street professions.

>>27798753
someone who was the center of the universe up until that point

>>27798749
Why? What he's saying sounds reasonable to me

You're still holding, aren't you, anon... I feel bad for you

>>27798637
>thinking I would waste money chasing memes

>>27798800
Bullying needs to make a comeback. So many spoiled children around who are not 6 anymore but 30.

I've only long term hodl before, I started looking at running options on shit.
Covered calls seem like a preposterously ridiculous way to make money.
If I sold 100 covered calls on HEAR I could make over $8k every two weeks.
Am I missing something here?
This seems too good to be true.
Sorry if this is a stupid question but I've seriously only ever bought stocks for long term holds and not ever done much with options

Good morning, I HATE salmon

>>27798863
One could argue those two morons were bullies and they pushed that guy's last button.

>>27798806
because it's pure reddit cringe

>>27798783
>>27797927
Many actively managed funds don't go for absolute returns, which is a fairly unfair metric. Many sacrifice absolute returns for lower portfolio risk according to MPT, and end up actually having higher risk-adjusted returns.

>>27798863
Pls no bulli

>>27798750
>When you lost that 250k, that was just the toll for going for that big gain. There's nothing wrong with this, it's just life--there ain't no such thing as a free lunch. In an alternate universe, you made 250k, but this is the timeline in which you didn't. You're not dumb, just unlucky.

Ah yes, the Multiverse approach to stock picking. You love to see it.

>>27798905
At least it's the good kind of reddit
>be careful with your money young man

>>27798871
You have two risks when selling covered calls:
If the underlying goes down by more than your premium you lost money
If the underlying goes up by more than your premium, you basically lost money.

Premiums are usually pretty shit compared to these two risks.

$CBBT

After PKG acquisition, its going to .40

>>27798898
Buy the dip

I'm drunk

>>27798861
>thinking I would waste money chasing memes
>buys OPTI
Kek, you made money on the only thing that is more of a scam than buying GME at $450

>>27798900
Nah, proper bullies usually know when not to bully. These were amateurs.
If we still had bullying in schools, people would learn which fights to pick.

>>27797980
pls respond

>>27798948
It's an easy way to explain the stochastic way stocks move.

>>27798948
lol

NOK and BB bros what happened? Should I sell and buy something else?

>>27798750
>>27798948
That's not even true. It's easier to lose money than to make it.
If your stock goes down 50%, now it needs to go up 100% for you to break even. Think about that.

>>27798994
Bought salmon dip yesterday. Gonna do it again today.

>>27799001
OPTI has a legit structure in this biden healthcare economy; with multiple government contracts. I understand the difference between an undervalued company on the come up and a company like SNDL which has no structure for growth in the american market.

>>27799116
based

Should I dump 3K into Vanguard? Will it even matter?

>>27799087
>NOK and BB bros what happened?
Normies got infested it and tanked it

>>27799030
Only use japanese onaholes for that anime feel

I just set a limit buy for 200,000 shares of INND at $0.015 .

I know you guys hate reddit but this guy really makes the case for this stock

https://www.reddit.com/r/pennystocks/comments/lbnpw1/innd_the_next_big_runner/

who’s in on $f, how we looking?

>>27798466
why is 3x risky but 2x good?

>>27799024
This is dumb. Bullies always go too far, this is a classic case. They felt untouchable because nobody ever tried to stop them so when someone whipped out a gun they thought it was a bluff. Who could possibly stand up to the great and powerful me?

>people still buying the salmon shill's bags
It's useless to even try to reason with these people...

>>27799217
I do like the memes but that stock is terrible

>>27799116
THIS. Thats why my motto is dont be greedy. Unfortunately I didnt follow that rule for GME and I paid for it.

>>27799116
Stocks move exponentially. They usually have the same chance of going 0.5x as going 2x. On average.

>>27799217
The chonky fish stock is unironically a good buy now tho. It usually bounces back up 20% after an offering.

This is their third one, it's easy to see a pattern now.

>>27799030
Learn modern portfolio theory. A properly diversified portfolio will always return more than any individual security.

>>27799116
Assets prices are distributed log-normally, not simply normally. It sounds weird, but a -50% decline is just as likely as a +100% increase (-50% and +100% correspond to -69% and +69% log returns. >>27799280 beat me to it

>>27799217
eh it was funny to see people arguing about salmon for a few days though
who knows maybe its the next gme and itll go to like 60 dollars or somethin

>>27799145
> legit structure in this biden healthcare economy
Is that what they rebranded themselves as after the fuel maximizer and sanitizing light scam didn't work out? I'm happy you made money but the company is a pure garbage that just jumps on whatever industry is drawing public interest to entice investors. Zoom out.

>>27799208
It was from mental illness. Poisoning from environment, products (lead paint), food, water and technology.

I could hit 5 figs next week if the bull run continues bros let's go

>>27799271
I got super greedy, put $120k into SAVA before the pump, it went way up to $230k and I didn't cash out till $125k and very well had the means to...
feels really bad man
Guess I learned a $100k lesson through that...

>>27799335
>maybe its the next gme
It’s the next salmon.

>>27799416
I'm happy for you fren. I hope you get there

>>27799205
Because of >>27799116
With a 2x you have a lower risk of ruin/decay into nothingness. But still a big enough crash will wipe you out it's just less likely to happen.

>>27799280
>>27799330
That applies if you're buying and holding a diversified portfolio but not if you're holding a few shit stocks or gambling on short term options

>>27799330
>Assets prices are distributed log-normally, not simply normally
Thanks, at least now I know the proper words for the phenomenon.

>>27798930
Have sources for checking this out?

>>27799415
>the purge becomes real because kids who grew up on facebook, porn, soda, frozen processed meat(tm) and fluoride water are anti social and prone to murder sprees

>>27799546
just look up the sharpe ratio and its use by hedge funds

>>27799162
If you have nothing better to do with it sure. Just buy VOO and study up until you find better.

>>27798274
Your mistakes were as follows:

1. Trusting Reddit
2. Caring about upvotes more than money
3. Confusing political goals with financial goals
4. Thinking the little guy can get away with billions of dollars of squeeze/pump and dump without some part of the illuminati interfering
5. Being a greedy fucker that won't settle for a million dollars in profit. Jesus Christ man

Your solutions are as follows:
1. Rigidly assess exactly what you have lost by losing $250k in cash (what you would have used the money for had you not lost it). Chances are you're rich enough that it quite honestly doesn't really matter. You're still a very rich man.
2. Take some time away from the internet and return to the physical world. This will clear your mind and return you to your good old self
3. Talk with others about your experience trading (if you can trust them with this info). This will clear your conscience and return you to your good old self.

Once you feel normal and back in control, just go back to making money, just like you were before. Don't try to do it right now, you're too unbalanced at the moment.

>>27796407
Tf are they gunna do if he defaults? Repo dat nigga head oh summin?

>>27799171

Wth do I buy then? I got about 900 in the two of them.

>>27799535
Sure it does. Most of my meme picks either went -20% or +30% or more, with more or less a 1 in 2 chance.
You just have to pick memes based on proper "fundametals" (meme value, momentum, catalyst), and not just "line goes up".

>>27799574
Did you practice the blade today anon?

>>27799668
You baghold until you're green, can't go red if you don't sell :^)

>>27799574
I really doubt that it could get worse than lead paint and leaded gasoline of yesteryear
>*knocks on wood*

>>27799172
my current onahole is in fact japanese
>>27799330
I'd rather follow a /biz/ meme like sunw/cbat and that other one and all-in

>>27799647
Do you know of any simple guides on how to take profits? Thx

>>27799393
>>27799393
>OPTEC International, Inc Acquisition of Z20 App for 24/7 Cleaning and Disinfecting Services
>a developer of UV and UV-C safety products using related advanced technologies specific to Personal Protection Equipment (PPE), today announced the introduction of the company's UV-C Escalator Handrail Sanitizer device. (OPTEC Sani-Rail).

>>27799725
I was thinking about what the next asbestos or lead is going to be, but goddamn, you have a point.

Can anyone teach me how to use trailing stop loss? What percentage is the best if I want to maximize profit?

>>27799670
That works until the few picks you choose happen to go bankrupt during a recession and you lose enough money that it's not possible to break even within your lifetime
Riskier stocks means higher risk of ruin
That's why preservation of capital is the number one goal of an investor, especially the older you are

>>27799773
>trim 20% on green days
>use profits to buy on red days
>rinse and repeat

>>27799725
>I really doubt that it could get worse
You dare challenge the clown world?

>>27799480
I have a policy to always take gains at >10% moves when price seems to stop running
>>27799670
>You just have to pick memes based on proper "fundametals" (meme value, momentum, catalyst)
Kek I love this market. I have no idea how to read financials but it seems I can get a sense of a company's meme dynamics and invest accordingly. So far it's been working.
I don't know what I'd do if they ever shut down meme markets

>>27799773
If you wouldn't buy a stock because it became too risky, sell it.

>>27799805
We aren't in a recession, and I'm pressign the magic [liquidate all positoiions] button as soon as the fed hints at hinting at thinking about raising rates.

>>27799647
Sage, but not in any fields. This is sage advice.

>>27796008
perfect buying opportunity guys

>>27799868
Ok but if your edge is timing the market why bother with meme stocks and not just trade on margin or leveraged ETFs?

>>27799796
You cannot rely on stop losses. Market gaps up or down before market open completely fuck stop losses

>>27799789
Don't get me wrong, the internet and social isolation are definitely fucking kids up.

t. mentlally fucked-up adult who grew up on the internet

>>27799718
Yes, Senpai just as I do every day. I know I’ll never hide from you. So, I’m accepting it. Lead me on the right path and direction, I’ll become a valuable asset.

>>27796219
Not everyone is allowed to mine them anon and is considered govt property

if amc hits 4-5 dollars again it's definitely a buy and hold right

>>27799773
I think that I am retarded about this but I take profits pretty much every time my time-adjusted returns are outsized. For ex, if I buy a stock and then the next day it goes up 4.5%, I sell the stock, because no stock can go up 4.5% every day. I do this even though I think that the stock is worth more than the new price. This way I can profit from short term price movements or change in market perceives fundamental value over the long term. If I buy a stock and it goes up 1.5% the same day I sell it. Right now my rule is 1.5% actual return and 100%+ time adjusted return when selling a quick gainer like this. Might be a brainlet though.

In almost every video I've seen talking about covered calls or CSPs, everyone says you want to avoid assignment but never explains why.
Can anyone please enlighten me?

>>27799831
>>27799868
Thx

>>27799963
It's not social isolation I'm worried about. We are not really isolated. The problem is with vote and like systems, their propensity to create echo chambers and karma-sluts.

>>27799863
Bruh I'm so fucking lost right now. I have about 2-3k to play with and I got fucked on gme. Nothing I'm willing to lose but it has me shook

>>27800004
Just how many times do I have to tell you retards to stop being chink fronts like AMC and NOK

>>27799535
>>27799726
There's no downside to treating a handful of shit stocks as a proper portfolio and allocating assets appropriately. For most people, the benefit of diversification is being able to sell high and buy low through continuous rebalancing.

eg.
>Own portfolio of 50% shitticker A and 50% shitticker B
>A goes up 20%, B goes down 10%
>Sell enough of A and buy enough of B to maintain 50/50
Now you've bought B at a low, sold A at a high point, minimizing exposure to A dumping and investing in the potential for B to moon.

>>27799546
Dick around with https://www.portfoliovisualizer.com/optimize-portfolio

>>27799928
i really hope this is from before last week

>>27799726
Based
>>27799805
Do companies go bankrupt in an instant? I'd suppose there would be many red flags and opportunities to get out

>>27800013
Thx, good night!

>>27800013
you are selling for pennies when you could hold for dollars.

>>27799773
I got out with 19k profit on a 16k investment in GME - even though my numbers are far smaller than yours I got out with a high percentage which is what mattered (19k is also a very large amount for me as I am young). I would say the best way would be to look at your account balance and to ask yourself if you like the way it looks. That's what worked for me - once I felt the mild euphoria start to set in when my account balance started climbing, I knew it was time to sell. It's a very specific amount of euphoria that you have to hone, but the literal phrase "I like the way my bank account looks right now" seems to pinpoint that precise amount the best for me.

>>27800054
Anon its almost the week
Just throw the money on Tom Brady and the Buccaneers

>>27799940
> if your edge is timing the market why bother with meme stocks and not just trade on margin or leveraged ETFs?
My edge is timing meme stocks, not the market in general. And I don't do leverage, because that would fuck up the risk profile.

>>27800054
Lurk more and never fomo

>>27799149
Not feeling very good about the YRIV shares I never sold...

>>27800053
I'm isolated. I lost allmy friends this year and if Ilose my fat stacks of cash I WILL kms.

Good night for real now!

>>27799957
This is why we need equity backed cryptos so we can trade on a 24/7 market without halts or HFT front running or withdrawal/trading restrictions or any of that bullshit from the brokers and the exchanges

>>27800150
Basically what I'm doing
>>27800132
Man, fuck that, I'm new and I know more about stocks than hand egg

>>27799416
You'd be surprised at how quickly 5 figs becomes 6 figs.

>>27800098
are you sure? what if the stock is fundamentally worth less than I bought it for, but I still made money because of short term price movement? you would be thought to be a genius if you could achieve the total yearly return which would equate to a 1.5% cagr, but are seen to be selling too early if you sell for a quick gain after a short amount of time.

>>27800028
watching your shares moon while being forced to hold your calls until saturday then getting assigned monday morning for half the current price

>>27800145
How do you know you are timing them right and it's not that the market has only roared up for the last few months? Don't meme stocks mainly just follow the market except with higher beta/volatility?

Will Tesla inevitably dip? Its current price is ridiculous but I dont want to sell too much and see it go 1k+

>>27800145
If you're so confident in a directional prediction, there's no reason to trade the underlying security over options.

>>27800211
>know more about stocks
>threw money on a company that has very little future
>fomo'd most likely after the 1st 2 days of gme hype
Seriously just throw your money on handegg

>>27800260
I can only get so erect

>>27800267
1.5% daily cagr to clarify

>>27796407
Ayyoo they sell those at rent-a-center?

>>27800013
If I buy a stock on Monday, sell it for a 5% jump on Tuesday morning and then buy the dip Tuesday afternoon will I get a day trade flag?

>>27799622
Okay. I have heard of that before.

>>27800078
Thanks.

>>27799786
Kek, that's a better idea than their "rover" which was just a light on wheels that had to manually be pushed around, but those handrail sanitizers have been around for years and there's no way they'll get a defendable patent on it.

>>27800028
>CSP
It’s preferable to have cash so you can keep on collecting premium forever
>CC
You lose on gains if stonk decides to +50% in a day

>>27800330
I was up and got greedy. I knew it had a drop off.
Meme on me all you want but people made millions. I learned my lesson and I held bags.

>>27800275
I dunno, do memes follow the market with 5x leverage? Because that's about how much I have on QQQ currently.

>>27800306
Option premiums and theta would eat all my profits.

>>27800300
Tesla is undervalued. If it dips Im buying more.

/smg/ is comfy at night

>>27800387
I'm not sure but I think that that would be considered a day trade so yes if day trading restrictions apply to your account. I have more than the minimum amount and I don't trade on margin, I don't think that day trading restrictions apply to my account. I think pattern day trader only applies to margin accounts. Could be wrong.

>>27796815
Yield curve is good though...
But also, seems like normies have realised stocks exist again...

>>27800089
The problem is you never know if it's the beginning of a recession and they're going bankrupt or it's just a temporary blip in the market
This is the problem with the "buy every dip mentality"
The reason the market dipped with the trump and the capitol and the clearing house dramas was because it could be the beginning of a real problem that started out small. Kind of like the crisis in 2008 at the beginning was nothing but a few mortgage loans that couldn't be paid off and then it blew up to bring down the whole system.
If you can filter out false alarms from the real thing more power to you but be ready to take big losses if you're wrong.
Just look at the CLF guy, his options were worth 1.2 million at one point and now they're 600k
Shit works until it doesn't

>>27800523
looking at CPLP what do people think?

>>27800404
>>27799786
Also, they literally stole that image from a different company. Fucking OPTIscammers

https://konespares.com/ultraviolet-handrail-sanitation/

>>27800394
Keep in mind the gains of an optimized portfolio only occur if you rebalance frequently (ideally when asset percentages get more than 2-3% from their ideal weights). This has tax implications.

>>27800446
If theta and premiums eat all your profits, you're not timing anything.

>>27799831
There are undesirable tax ramifications from doing this.

>>27796101
Where can I find information like this image is showing?

>>27800540
The corona crash was a blip compared to the 2000s and 2008 recessions
There's a chance we haven't seen the real consequence of the 2019 inversion yet, or maybe too many people looking at it has reduced its predictive value

>>27800083
from 2 hours ago

>>27800592
>optec holds the patent in the usa

>>27800596
Wtf are you talking about. If I consistently bet on the right side of the volatility with the actual asset, I can have way more profit than with options in a high IV scenario.

>>27800667
any competent broker will have company SEC filings on hand

>>27800516
yeah anon it is nice being able to tab out for a few minutes and not need to find the next thread when i get back.

>>27800331
Just to help prepare you for the 6 figure gauntlet just keep this in mind:

> How long did it take you to reach $1k?
> How much money can you consistently save to reach $1k?
> You have to do that ten more times to reach $10k. 10x that for $100k. 10x that for $1M.

That is based off of pure savings. It accelerates the more interest you can make off of your savings. Play with a compound interest calculator and see how much your investments can drive that time down.

>>27800679
I mean, it's not some stream where if you drink all the water it'll dry up. It's not going to erode just by looking...
If we are really going to feel the effects, why would we feel them right as the vaccine is kicking in & businesses are re-opening?

I dunno in my mind it feels super frothy but also that I'll be able to time it lol... even though that's an unrealistic goal.

>>27799217
the memes were funny desu, and if it goes up that's neat, otherwise it's not a big loss

>>27800300
I’m have stop losses in place. I wouldn’t buy the stock at this level, so I’m nervous about holding it

>>27800603
If you're actually timing the market (which is nigh impossible), the gains from selling on green and buying on red (avoiding losses) would outweigh the tax implications. See pic

>>27800704
There are (mostly) vega-neutral options strategies such as call/put spreads.

>>27800300
I want it to split again.

>>27800500
If Elon wasn't a r*dditor TSLA would be sub $100. The entire valuation is a feedback loop of his Leddit personality cult making headlines and pumping the stock then the company's valuation pumping Elon's clout as a person who matters

>>27800700
Did they get the patent from KONE that was selling this product in the US since 2018? If they didn't flat out steal the design from them then they're just rebranding a product that doesn't appear to be successful in the first place, and even if it is, why not get it from KONE to save the OPTI markup?

I unironically think the SEC needs to investigate OPTI. How they got away with claiming their product easily doubles fuel economy I'll never know.

>>27800870
Now THIS is meme investing.

>>27800917
>I hate money!
K, keep me posted

>>27800917
this is what makes me tempted to dump 3/4 of my shares but 900 or even 1k doesnt seem impossible. yet theres no valid reason why

>>27800870
>>27801010
Seattle is so fucked up bros ;(

>>27801047
take your profits and put them in something else. you can find something else that will make money that you feel better about increasing in value.

Any of these tard stocks still worth a damn. I held onto some NAKD and am up 150% in three week.

>>27801139
>past performance is not indicative of future results

come on corbus you little bastard make it to three

>>27801183
>tripfagging is indicative of shitty posts

>>27801183
I should cash out and buy more salmon dip.

>>27801313
i only tripfag because i found a cool trip

cunt

WHAT THE FUCK WAS THAT

>>27801047
The valid reason is that we're living in clown markets. It's going to keep pumping as long as the market keeps pumping. People shorting it lose because they don't understand that we're not in a value market. It's fueled by hype and infinite liquidity. I reckon it could hit a 5k p/e and still keep pumping. It doesn't have to make sense anymore. The madness only stops when the market tanks.

>>27801372
it is pretty cool

>>27801569
>>27801569
>>27801569
>>27801569

>>27801394
I guess the ability to create money and shares out of thin air with no assets to back them causes infinite liquidity and fundamentals other than hype don't matter anymore. Only a system crash could change this
>t. financial brainlet attempting to understand economics

>>27798274
lmao having "diamond hands" is the stupidest thing ever, guarantees that you'll miss the best exits