/biz/ - Business & Finance

>>29955364
You have to go all in or ngmi

>>29955364
Realistically no one knows what kind of meth'd out numbers are coming on open.
Bring your tendies.

We also have the 1.4k covid relief coming soon so maybe I'll out half of it. I'm just tired of barely surviving but I don't want to go completely broke if I get fucked.

Is 800 dollars (4 shares) even going to make me any money if GME does rocket?

>>29955403
my family thinks im a crazy conspiracy theorist when I talk about the stocks and Wall Street so I don't want to look like a fool and lose everything

>>29955420
if you were in my shoes, would u be satisfied with 4 shares at 800 or would u buy more?

>>29955364
Ape in when it dips. Set a sell limit for 170. Watch your 10k go to 17-20k. Rinse repeat.

>>29955434
>buying at 200
Don't do this lol
I feel bad enough buying at 130 last week. Honestly I wouldn't buy higher than 100 but you do you.

>>29955551
already bought 4 shares for a total of 800 dollars. I was late to the party and missed when it was dirt cheap.

>>29955540
Is it gonna dip again or stay north of 100?

>>29955540
Considering reddit is full of retards, get ready for rounds of pnd every other month as hedge funds wring idiots out of their government gifts.
I am thinking of buying at 40 if I have extra funds but you do you.

>>29955655
Honestly couldn't tell you but it usually does dip after markets open. Last time it dipped as low as 85ish and hit a high of 170-180. If you time it right you can double your money if you're too scared to hold for the squeeze. Just pay close attention and don't take your eyes off the shit for a second. There's alot of fuckery going on so be careful.

>>29955364
what i do is usually put 50-80% in safer stuff i think will keep growing slowly over time and i use 20-30% to gamble in shit like gme and then if it moons i take those profit and put it in my safer shit

>>29955364
Just hold, you're in too high and you don't have enough capital. It's too late to ask why you didn't average down the whole week when it was crabbing around 40 or when DFV doubled down at 39~. You're too vulnerable to paper hand if you sink anymore money in and it dips, you're just gonna be a faggot and sell.

I put in 2,400 EUR 2 hours ago. hoping for 10X ~ 20X, I'm ready to get out at break even and I could take a -100% hit no problem.

>>29955922
I highly doubt that's going to happen but we are living in a clown world.

I ended up buying in at 165 through cash app, they kinda screwed me but whatever. It's for principal, not to make money.

I just want to say I was part of the movement that hopefully helped expose this bs to atleast 1 person .

>>29955655
>Is it gonna dip again or stay north of 100?
It always dips. GME is extremely volatile, but after observing it for a month you start noticing some patterns.

>>29955364
First piece of advice is never keep more than everyday spending money in bank account. You are getting fucked in the ass by inflation. Put 7k in some boomer stocks you use on a regular basis like T, KO, XOM, (pick and choose yourself). These companies aren't going anywhere and will earn you a safe 10% per year. Won't make you rich but a million times better than just holding bank account cash. You can invest a few K in stocks like GME but it's damn risky and is basically gambling. But let's be honest 10k isn't much, your main concern in life should be 100% devoted to fishing a better job. Making 10k vs 30k vs. 50k vs. more per year etc. is 1,000x more important over the next 20 years then what happens to your $10k

>>29956002
You should see my friend, he has a sell order at 80k lol

Invest as much as you are willing to loose
Its not in our hand anymore. Either the hedgies kill each other or nothing Happens

>>29955895
I'm not selling. Even when it was so low I never sold. Yeah, I was an idiot for not averaging down. I used my money on other stocks so that was my reason.

>>29956152
nice. so like I said I've bought 4 at 800. If it dips below 100 would you buy some shares? I've spent 1.5k out of 10k and I expect the 1.4k covid cash to come in a few weeks so I'm open to buying

>>29956678
I sold my shares at the recent peak and bought back in at 100. If it's going to pump today I will sell again. Rinse and repeat until you make it.

Always realize your gains with GME. Even if it starts squeezing you can always buy back in at a slight loss.

>>29955655
>buys 4 shares of a worthless company for $200 each
This is why you're poor. Because you're stupid.

>>29955364

It wont moon

Buy $800-1k in Monero

Don't be the retard that buys game stop at $200+ a share

>>29956807
can u give me an example of rinse and repeat? How many days do u wait?

>>29955540

Game stop will be a endless rinse repeat cycle to the stock shorters go bankrupt

>>29957047
There is a pattern.
Read the news and ponder how some of they precede the pattern.
Once you know how, it is easy.

>>29955434

Buying at 200 a share you might become a bagholder never able to profit

With game stop you might see endless cycles of people buying shares at 40-70 and selling at 100-150

>>29955364
don’t invest what you aren’t willing to lose, save what you need (and only what you need) and put the rest into crypto. XMR, ADA, DOT, EOS. Any of those will moon exponentially shortly (1-2 weeks). Do not sell till BTC is 200-350k, and you’ll have around 70k at the end

>>29956678
>>29956807
>>29955818
>>29955731
Everyone's saying the same thing. Anything around 100ish and less you buy. Then once it crosses 150+ you sell. Congratulations you just increased your capital 50%+ in one day. The hedgies and/or reddit le diamond handz keep this dance going for a bit so if you don't get emotional and just play it purely buy low sell high you should get out of this with some good gains. Don't get greedy pigs get slaughtered. Don't do this more than once a day. Also if you see that you didn't sell in time after buying at 100 and it's dipping from like 140-180 back down close to your buy in you sell, don't be a retard.

>>29957167
well if reddit is right and it moons in a few weeks then it would be worth it, right? like basically im asking if 4-7 shares is gonna make me some decent money if GME moons

>>29957047

Tesla stock holders do it all the time thet buy low then when it hits over 700 or 800 dollars they sell then buy the stock again when the price is hundreds of dollars lower

You do it with mcdonalds to

When it goes down to 198 a share you buy it then sell it when it hits 210

Theres endless cycles of that

>>29957327

Nothing mooning

If you believe in mooning please buy AMC stock for over 15 dollars a share tomorrow I need someone to hold my bags

>>29957348
>sell at 170
>goes up to 200
>haha im sure it'll dip back down so-
>300
>400
>1000

paypal is $270 a stock and doing more than three times GameStop's revenue

GameStop is overvalued at current

>>29957251
okay, im a retard so help me understand this. Lets say it goes to 250 (my avg is at 200) and I sell it then it means I make a profit. Afterwards I use how much of said profit into the dip?

>>29955364
>10k
>poorfag

stfu faggot i have 1k i am a real poorfag

>>29957421
>>29957327
This is why you keep the 4 shares you bought at 200 and swing whatever you're about to buy. Now you have your bets hedged and in both scenarios you win. If it goes to 1k+ now you just quintupled your initial 800. If it only reaches 150, you turned the 10k into 15k and the 800 doesn't make you feel like complete shit.

>>29956434

KO coca cola is definitly a boomer 401k stock

Good old coca cola will still exist when you need that retirement money

Feel bad for people with Snapchat and Twitter in their retirement 401k plan

>>29955364
flush that 10k down the toilet it'd be more fun

>>29957047

Do you got a Robin hood app

Look at 52 week high 52 week low then find the spot you like to buy and sell at

>>29957516

It wont go to 250

Maybe in your mind but not on the stock ticker

At 200 your carrying someone's bags for now

>>29955364
OP WATCH THE MARKET TODAY AND SEE THE PRICE OF GME.
if it bleeds out over the day, with downward trajectory(lol missile) you can bet that it is back to being manipulated. if this happens you can believe that the price of GME will keep falling over the next two week back to its equilibrium of around $45-$60 where it will stay for the rest of March

>>29957421

We have 5 days to see what it does I am sure it will hit 150 at least once

>>29957348
Is this how some of u guys make money? How much do u even make doing this "rinse and repeat" per week or month?

>>29957551
Do people really have Snap/Twitter in their 401k?

>>29957717

It will hit 150 today

Its Fridays closing number that will lets us know where the cycle is at.

>>29957750


Yes hedge funds bailee out Twitter when their stock was like 23 dollars a share years ago and dumped it into peoples 401k's

Usually a 401k has coca cola Pepsi Co ford and chevy and general electric the type of stocks that take 30 years to see huge gains

>>29957516
This was Friday I believe. Wait for the dip whatever you do don't buy as it's going up. If you hypothetically sold at 250 it takes time to clear and you wouldn't/shouldn't buy back in that same day regardless. Don't get burned by making that profit and then immediately putting it back in at another high. In January it went up to like 480 if you sold then and then bought back in the next day at 300 would you have made money by now? No right. Don't buy GME over $100 ever.

>>29957724

Ive seen a guy make a 100k doing the rinse and repeat shit on Tesla stock in a 3 year period while working a reguler job

>>29957550
>>29957348

yeah, right now I have 4 shares with a 200 avg. So tell me if im mistaken but the smart thing to do is keep those 4 stocks there and don't touch it. But buy 1 share at 100 and then when it reaches 150 sell so you can profit and then when it dips again below 100 you buy again? Is that essentially the rinse and repeat??

>>29957869
Yeah basically. You should do it with more money though to offset that 800. How much are you comfortable risking?

>>29957750

Elliot management stuffed a bunch of Twitter stock into boomers 401ks

Twitter might not even exist by time these people retire

It be like the poor bastards I met that had circuit city in their 401k by time they cashed it out that part of their portfolio was a Grey goose egg

>>29957854

Its not going to 250 maybe in your mind but not in reality unless you hype the stock on Twitter for a pump

>>29957251
This. Don't be greedy and realize every gain.

>>29957858
I just wonder how many times he does that per week/month

>>29957869

Yeah just hold onto those 4 stocks

Dont buy anymore at that price

What you should do is buy 1 dollar fractional shares of 10 companys you like and see how you feel about them before buying a bigger share

>>29957951
I can spend an extra 200-500 and be okay with it. What do u mean offset? I thought I could leave those shares to the side in case reddit is right and it actually moons

>>29958002
I never said it was and that's the 2nd time you say that. Did melvin already send the shill bots out wtf? Don't worry Melvin I didn't tell him to sell anywhere over 150 this whole thread.

>>29957755

I think today will show us if they are manipulating the price. If it pumps above $150 on the market open, then it's fine. Iif the price keeps falling , they are back in control

>>29957251
Your advice is good but I believe GME fundamentals are lower than 100 even with reddit goons pumping the value up.

>>29958112
okay now that I kinda understand the rinse and repeat are there other stocks where u currently use this method? Nothing too pricey for me tho like Tesla

>>29958219
what are some other stocks to use this method?

>>29958290
Every tech company stocks basically.

>>29956005
>losing money to hedgies prove a point that hedgies bad

>>29958361
can u name a few plz?

>>29958290
I wouldn't do this with other stocks because they aren't as volatile and this is literally an unexpected and unique situation. There's no other stocks that regularly go up and down 50% within the same day/week be careful.

>>29955364
GME is a very risky play, no one really knows how this will go, i'd suggest you to not risk more than $1000

>>29958219
This stopped being about fundamentals a long time ago friend. This is purely hedgie in-fighting and normie hype.

>>29955818
It's not a fucking bubble, way different situation, why people is so illiterate?

>>29958249


You Dont know what fraction shares are do you?


You do know you can buy fractional shared of companys like Tesla then cash out.

Game stop jumps huge numbers because you can still buy shit at game stop but the hedges shorted it like the store doesnt exist.

>>29955655

Going into gamestop is very high risk. The share prices have nothing to do with the company anymore.
You should invest in chainlink. Its low risk, high reward. Expect a 2-3x out of your investmenth in the next couple of months.

>>29958608
Wtf are you talking about m8 nobody has said bubble once in this entire thread. I was just showing that GME has an established pattern of dumping big time (good chance to buy) before eventually pumping hard (good time to sell).

>>29958158
this.

>>29958824
Chainlink. Kek. Like that ship hasn't already sailed. Stop shovig something that already went x75 down his throat.

Anon check out $MCM
They are gonna rock soon.

> No investments
> no ico
> original concept

>>29958158
interesting analysis friendo, id like to subscribe to your newsletter

>>29956005
>not to make money
you Reddit fags sound so lame when you say this

>>29955525
Talks about stocks? Ngmi.

>>29958712
im aware of fraction shares I just didn't think it amounted to much. Would u do this regarding crypto? Cause BTC is pretty pricey

>>29959273
you don't share this information with friends and family?

suddenly there's a lot of talk everywhere about day trading GME

>>29959335
>everywhere
Meaning?

>>29959326
>you don't share this information with friends and family?
This is basically modern gambling with more bells and whistles attached with all the stigma and annoyance that comes along with it.

Don't volunteer information.
Don't talk too much about it like a virgin spilling spaghetti at any girl talking to him.
Never ever tell your friends and family if you make it big. That's the dumbest mistake you can ever make.
It is like telling everyone within 10 miles radius you win the state lottery, with all the fun and niggers.

>>29959446
in this thread, biz, reddit

>>29958608
>literally bankrupt company with shares 4x times price of Apple
>not a bubble

lol gme $10 eod get out now be warned

>>29959335
Huge sell sign.

>>29959508
Tired to explain to dumbasses, dyor

>>29959474
yeah, I suppose I shouldn't share info. I've made some profit from the other stocks (I just need GME to turn around) so im pretty excited. And im learning more about this stuff each day and I feel passionate about it. It's just hard to not express these feelings to people and I don't want girls to think im a weirdo or my family to think less of me. I think that's why I like it here

>>29957327
How does 400k sound

>>29958158
Today SSR is on for GME. Not sure if that matters to institutions though

>>29960481
from what I head there's no way GME goes over 1k if it moons. Seems like that's the peak

>>29959289

Not at BTC price now but in the past i have

>>29960577
what about ETH and Dogecoin?

>>29960516
They can still work their talmudic trickery, but it's less effective. At least that's how it was last time

>>29955364
RBC is about to get major news over the next few days, and unlike GME it isn't going to die and lose 75% of it's value after 24 hours.

>>29961566
Yeah it'll lose it in a few hours instead like usual.

>>29959508
>4x apple
the fuck you talking about? are you retarded? apple has BILLIONS of stock issued out. GME has yet to have a stock split, only 70millionish in existence. You have zero stock experience.

>>29959508
Apple has a bigger number of shares you fucking mong.

Todays going to be a blood bath for the hedge funds both Game stop and AMC are going to open high