/biz/ - Business & Finance

Shop Earnings by the Numbers:

EPS: Q3 EPS of $0.05, $0.06 better than the analyst estimate of ($0.01)

Revenue for the quarter came rose 72% to $171.5 million versus the consensus estimate of $165.63 million.

Adjusted operating income $1.7 mil compared to -2 mil to -$4m guidance.

Raised '17 revenue guidance from $642-$648 mil to $656-$658 mil

GOD DAMN IT, I am too late, The thread edition should have been "lets watch a LODE get dropped in premarket edition"

>>4125976
That's damn good. Pfizer had some good results too, so the Dow's up.

>LODE

RS 1:5

Still better future prospects than NAK

I went all-in on LODE yesterday, how fucked am I?

holy crap UAA

fuckin rekt

>>4126175
Wow, big move.

Seeing anything else dipping lower premarket?

>Bro, just buy bluechips.

>>4126157
Can anyone help me here

Also I’m new to Robinhood and investing in general. What kind of tax documents should I expect?

How's LODE doing guys? I just woke up and I heard they were gonna have their earnings report today right? Can you guys check if it beat expectations? Are we gonna pop by 20%??

>>4126262
early next year (february or so) robinhood will be like 'hey heres the tax documents from 2017' and there will be a button on your app to download the pdf

you will see "form 1099" and other associated things

>>4126247
You can't call UAA a blue chip.

I'm up 8% YTD on a blue chips portfolio and that is lower than it could have been because I'm well hedged with floating rate bonds.

>>4126203
Qualcomm, news came out that Apple might not use its Qualcomm's chips in next year's i/phone/pads.

>>4126311
*might not use Qualcomm's

>>4126203
lumber liquidators

>XXII

RIP LODE

>>4126410
FUCK

>>4126410
lmao, why is this happening

Put my cat down this morning. No trading while emotions are all fucked up. See ya tomorrow.

>>4126476
1:5 r/s. Panic selling. They're announcing JV in an hour.

>>4126489
that sucks man :(

>>4125976
Thanks. I've been longing SHOP for a while, if these earnings are good I feel like next quarter will be too.

>>4126489
R.I.P kitty, feel better anon

>>4126493
Are we gonna make it?

>>4126489
I'm so sorry about your cat, Anon. RIP. I hope he sends you gainz from beyond.

Who /SPI/?

>>4126550
Yeah, just hold on tight bby.

GE nearing low enough for me to consider scooping some long term

Why is SHOP going down if it beat everything? Is this going to be another AMD?

>>4126709
Profit taking. Look to buy the dip.

$ADHD (Arcturus Therapeutics and Synthetic Genomics Announce Strategic Alliance to Develop Next-Generation Vaccines and Therapeutics) $AGRX (Agile Therapeutics Presents Additional Phase 3 SECURE Trial Results for Twirla at the American Society for Reproductive Medicine (ASRM) Scientific Congress & Expo 2017) $CTXR (Citius Pharmaceuticals, Inc. Receives "Fast Track" Designation By FDA For Mino-Lok Investigational Trial) $DMPI (DelMar Pharmaceuticals Presents Data Supporting VAL-083 as a Component of Combination Chemotherapy Regimens for the Treatment of Solid Tumors including Brain and Ovarian Cancer) $FSNN (Fusion Migrates Rapidly Growing Natural Food Chain to the Cloud in Agreement Expected to Reach $3.3 Million in Value by 2019) $GERN (Geron Announces Fast Track Designation Granted to Imetelstat for Lower Risk Myelodysplastic Syndromes) $MBVX (MabVax Therapeutics Provides Update on the MVT-5873 Phase 1 Clinical Program and Expansion of Preclinical Development Pipeline at the AACR-NCI-EORTC International Conference) $MRNS (Marinus Pharmaceuticals posts 3Q loss) $PLUG (Plug Power Announces New European Deal with Asko and Toyota Material Handling) $RYTM (Rhythm Announces Preliminary Data from Phase 2 Study of Setmelanotide for Treatment of Bardet-Biedl Syndrome) $SNOA (Sonoma Pharmaceuticals Receives Brazilian Approvals to Market Multiple Hypochlorous Acid-Based Dermatology Products) $SPCB (SuperCom Deploys New Electronic Monitoring Project in Tennessee) $TEUM (Pareteum Awarded $3,500,000 Contract by Leading European Mobile Reseller to Convert Customers to its Own MVNO Brand)

Heads up Sony!

>>4126709
I think it will come back up. I actually just snatched a few shares at 104.27

What's the scoop on the FED this week? What time is the best for entry into UVXY? The answer to these important questions will make for making some easy gains.

>>4126782
Powell most likely to be chosen, so I doubt there will be a need for a UVXY. However, tax reform may no be occur as quickly as the market may have expected, so that might cause some interesting stuff to happen after we're through with earnings.

>>4126782
let me know what your crystal ball says senpai

>>4126770
...and cancelled that order thank god. Now down to 100. Should I buy?

>SHOP at 96
>SPI down to .127

Dammit, could have bought SHOP on sale today.

>>4126266
Down by 10% and dropping

Fuuuuuuuuuuuck

>>4126855
pretty violent down move to just be profit taking now that I see it, was there some fundamental issue?

>>4126806
>>4126807

I'm guessing Powell will be selected, but I don't know where to go to get the best information for this kind of stuff. I'm anticipating we're going to get a rate hike, not sure if it will be in November or December, and they won't get tax reform to pass before the next recess. Probably see some more correction (read red markets) coming in the next few days, but nothing super major. I'm just going to watch this one today.

>city of SHOP

>>4126874

AAAAAAHHHHHHHH WHHHUYU

>>4126878

What I didn't think of is we could see just stagnation and sideways trading in the equities markets for a few weeks instead of major red/green swings.

SHOP drop has to be a market trick. Watch it get to 112 EOD.

>>4126876
I have no idea. When it hit 100 it triggered a bunch of stop losses I guess. Now it's back near 100. I bought at 98 so in the green on the new shares.

Thank god I just have a pleb account or I would have been able to buy at 104 which I was going to do.

>>4126651
I have faith...... should I?

The question is do I ditch lode like a pussy or just hold and hope it recovers?

How are the meme's doing guys?

>AMD up back to 11

The comeback has begun, buy in below 17 while you still can

>could have made an extra 10% on SHOP if I took jews forcing stop losses into consideration

>>4126680
Why? When they announce their dividend cut it'll be another bloodbath. I opened a short position on the 20th when their earnings came out and I'm up almost 13% on it so far. GE's probably going to remain in a downward trend for the rest of 2017 at least.

You all bought the TRXC dip, right?

I expect HLIT to go to 5. Moooon

>TRXC

Where are my fellow bagholders?

>>4126919
Also in at 98 for $5k, hold me tight anon-kun this ride is scary

SHOP could just be a trick senpais by (((them))) to steal shares

Same thing happened to BAC/BAC B

Fucking Watson is going to beat me today if I don't buy and sell something!

>watching LODE drop like a stone

who here /comfy/ and ALL-IN on ATVI

:v)

>>4126625
Me me me. Still holding. Heard Nov. 14 was magic time

>>4126967
This better not fuck me over m8
Going all in on amd

How likely is TRXC going to merge with J&J?

Consider these facts
>it's employees are made up of people who used to work for J&J, Ethicon, and poaches from Intuitive Surgery
>Ethicon is the partner of Google's Verb Surgery, who is developing a Robotic Laparoscopic Surgery platform similar to TRXC's
>Intutive Surgery owns Da Vinci, that competes against TRXC's digital surgery platform
>but the CEO and CFO of TRXC all dumped their stocks a week ago

>>4127036
I've got 60 shares, I'm up 5.7% on them atm

>BGFV

earnings amc

>>4127061
I'm glad I thought better of it and canceled my buy order for them yesterday.

you guys see the steel stocks absolute bloodbath

aks

Protips for LODE lads:

1) put a high sell limit on all of your shares to protect them from shorters.

2) ER is after hours, either sell during the run up around 2-4pm, or hold through until tomorrow. DO NOT SELL RIGHT NOW.

3) Be smart. Be vigilant. Loads of shorters are fighting us.

>>4127075
its so undervalued right now being shoved down by shorts. the order flow is bullish af when it moves up

That UA share price... Under $14 now...

>>4127005
Right here m8. Bought in excess of 4 like an idiot, bagholding over 300 shares after avging down to 4.14. Been a painful couple of weeks but I think I see the light, and I am hopefully I might even get some gainz.

>>4127121
Is $6.80 the floor? Looks like it's the low going back to July 2012. But does the market have that long of a memory?

Just daytraded xxii for an easy 1.4% daytrade. Why are ANY of you in the red?
Bought 2.09
Sold 2.12

>>4127045
I heard Nov. 11th SPI needs to be over $1 or it's toast... Not sure how that works though? What's on Nov. 14th?

Not wanting to drag cryptoshit into the thread but why hasn't someone set up a fund that's tied to / backed by BTC? Something like 10-20 shares = 1 BTC? Seems like traders would be all over that considering it'd be MUCH easier to get your money in and out of crypto and the tax laws for trading securities are clear while no one really knows how crypto should be taxed.

>>4127116
Should I pickup some LODE now and sell at like 2-4pm?

>>4127189
>But does the market have that long of a memory?
don't really know but to me the stock looks undervalued with a market cap of only 150mil i think we could see it double if good er

>>4127222
literally just read this: https://www.investing.com/news/cryptocurrency-news/cme-to-launch-bitcoin-futures-761008

bitcoin futures are about to be a thing

>>4127223
no, LODE is worthless and you will just lose money if you buy shares

>>4127230
Eh, that would allow traditional traders to get in on the crypto meme in a way but it's not exactly the same as an ETF that's directly pinned to the BTC price (((after a small amount is taken out for "fund maintenance")))

Anybody else see that huge volume of $2 NAK calls for the 17th? Some one thinks this fucker is going to go up at least 10% between now and then.

>>4127235
It already blew it's load?

Those mining things are always sketchy as fuck kek.

>>4127222
Maybe would work in the US. In Canada, the tax is treated just like any other speculative trading (like commodities futures or binary options); it's treated as simple capital gains.

Compiling the data for tax time could be daunting though...

>>4127272
If you use TurboTax in the US then it can pull data straight from your Etrade or TDAmeritrade account.

I trade futures using the NinjaTrader cleared through Phillip Capital but luckily in the US, you don't have to list every individual futures trade you made throughout the year like you do with other securities; you only have to list the net profit/loss for the entire year as shown on the tax document provided by your broker / clearing house.

>>4127296
How do you export for taxes using Robinhood?

>>4127264
Nah, don't listen to that clown. He's butthurt because he bought in high and panic sold.

>>4127296
>>4127304
Nevermind. Figured it out.

>>4127304
No clue, I don't use Robinhood. Hopefully you can export it in such a way that it can just be directly imported into tax software, otherwise you'll have to enter every buy / sell, date, price, etc. line by line one at a time which is a huge pain in the ass.

why did i trust these dumb leafs at SHOP

>>4127338
The reactions to earnings has been all over the place lately. Might as well just flip a coin because some companies had great earnings reports and their stocks tanked and other companies had lackluster earnings reports and their stocks remained level or climbed.

Hell, GE's stock ended the day in the green after their terrible pre-opening earnings report for some reason (and then promptly shit the bed every day after that).

Buying into the AMD meme again. Here we go lads, hoping for another drive to $14, maybe $15

>>4127205
I pulled that number out of my ass. Nov. 11th is the correct date.
Did you just get an email from SPI for ProxyVote?

>>4127427
N-no

>>4127391
I hope it gets back to $14 at least so I can dump my bags for a small profit. I really need to start setting hard stop-loss orders instead of moving them and/or buying more shares to average down.

I'm coming back to you Papa ma

pls forgive my sins for buying SHOP over you

That >6% gain on MU this morning
Damn, this bitch is gonna hit 45$ price target today.
Anyone know the news on them?

Any recommendations on stocks to buy and hold for a while? Like over a year.

Shitty pizza, sponsors the NFL, short Papa Johns.

MOMMY WILL SAVE US YOU JUST HAVE TO BELIEVE!

>>4127475

>>4127480
16 by December, here we go

>>4127474
Most of the major US banks are forecast to do well over the next year.

Google and Amazon have been in a steady uptrend for years now, no reason that should change in 2018.

>>4127475
Eh, their pizza isn't too bad, I like their thin-crust pizza. It's a good deal when they run those sports-related 50% off promos.

>>4127474
>Like over a year.

TRXC looks like a serious long play to me. I was swing trading it, but now I'm just setting 300 shares aside and not touching them.

>>4127474
JP morgan. They're currently leading in levels of bank deposits, so that likely means they'll benefit significantly from the upcoming rate hikes.

>>4127551
They're also working with IBM on some cool shit with Blockchain

>>4127514
Thanks. I own some BAC. Hasn't been doing great lately but overall pretty good.

I have some ALI BABA as well. Was thinking of buying more and holding that? What do you think?

>>4127540
I own 45 shares of that for kicks. Doing well today.

>>4127551
Thanks. That does sound good. Yeah interest rates can't stay this low forever.

I'm actually a bit afraid of the market since when rates go up people will be less likely to invest in the stock market, right?

>>4127619
I bought BAC on the 11th and I'm up over 7% right now, it should have a pretty solid run through the end of the year on good news from the fed meeting.

BABA could go either way depending on their earnings report on Nov 2. If they beat it then I could see BABA at $200 by the end of the year. If they miss it and lower forecasts then it could settle back down to the $170-$160 area.

>>4127534

I could cover my short right now and have enough for a medium 2 topping. It's literally like free pizza.

5k TRXC Sharee with what's supposed to be grad school tuition money I'm gonna also turn into 20% down on a home after I finish my degree

>>4127619
>I'm actually a bit afraid of the market since when rates go up people will be less likely to invest in the stock market, right?

Marginally, unlikely to have any clear observable affect for years

>AMD at 11.27
>drops to 11.14 15 minutes later

Stop that, go back up.

Wow wtf happened to SHOP

>>4127771
The same thing that happened to AMD and IRBT

>>4127771

Is LODE’s ER happening right now?

What’s going on lads?

lol RIP LODE

>>4127794
Yes, I can’t tune in but I’m all in and NERVOUS

If you enjoy being poor, whatever you do DON'T buy Alibaba (BABA) stock, and don't hold it through ER, and for the love of god DON'T hold it through 11/11 (chinese singles day, the biggest online shopping day of the year in china)

Jack Ma only wants winners on his team

>>4127806
>All in on LODE

Lmao. I have 500 shares, hoping to see some meme magic here

>>4127572
That Dimon is a rascal :3

>>4127619
If the general economy continues to grow, earnings should continue to grow, and the market has every right to keep going up. But, if things just keep going up, for no reason, or at a rate that outpaces earnings growth, then interest rates start to come into play as being the fundamental barrier to stop a bubble from forming.

So we'll just have to wait and see what happens.

>>4127818

If I want to be a winner should I just cover my papa john and use the capital to buy some BABA?

>>4127824
Godspeed, I hope we see a +50% by lunchtime friendo

>>4127818
Eh, I'll play along, picked up 15 shares of BABA. Hopefully it'll kick ass on the ER and jump up like Amazon.

>SHOP
>LODE

What's the most pleasant way to kill myself?

>>4127901
SHOP will climb back up, right?
It beat market predictions, RIGHT??

>>4127901
>tfw bought into the AMD and IRBT memes and got destroyed last week
>tfw didn't buy into the SHOP and LODE memes

kek, it's funny when it's happening to someone else

>>4127901

>>4127922
I'm only on here to give shitty stock picks and lose people money since it happened to me

>>4127917
Probably, it might drop 20%+ before heading back up like AMD did though.

WATSON PUTTING IN WORK

Jesus fucking christ shopify

>state of the denver bronchoes

>>4127917
Reduce a small amount now, if you can. If it breaks below that 94.59 level (which I'm assuming will be support), start reducing your position size more.

>>4127968
oops, wrong board lel

>>4127965

About time that asshole did something.

>>4127930
>>4127922

fuck you

>>4127983
Why

>>4127997
easier to average down

>>4127997
a break below support is often a trigger for many other people to sell, they'll likely have stops set there and stuff

>>4127965

Well he's still costing me money from Friday. But yeah it's cool to see the little faggot isn't buying high and selling low like half of biz.

>>4127968
Hey we put up a good fight

All in Alibaba

rip in pieces SHOP you piece of shit canucks

>>4128047
you guys need a new QB. i'd put in brock lobster if I were you

>>4128000
Hes saying sell more not buy more

If you haven't bought shop, I'd be looking for reasons to get in, assuming there's been no fundamental change. This is a stupid amount to drop just because of profit taking after a good earnings report.

>>4127968
>>4128047

wrong board

CRAY is a fickle mistress, but she's giving good head today.

Fuck it I'm going long in oil & natural gas.

>>4128206
Any picks?

>>4128311
HUSA

>>4128319

>>4128319
fuck that meme company

let it burn to the ground already

>>4128337
buy high sell low my dude

>>4128311

GUSH

Intel has been killing it since their ER, I'm up 11% so far. Do you guys think it'll break the $50 mark by EOY?

>>4128359
>buy high sell low
>down almost 40% in the last 3 months
You're just some sketch motherfucker that's desperate to lighten his bags

PYDS!!!!!!!!!!!!!!!

Anyone still in MU?

>>4128460
Yes sir. Lovely day.

Lmao I'm down a few bucks but I'm also laughing at that dude that bought 30,000 shares of LODE last week to prove he wasn't a pussy

>>4127367
>still THIS butthurt over AMD

https://www.investing.com/news/stock-market-news/shopify-posts-strong-revenue-growth-adjusted-profit-760912

>Still, its shares fell in early trading as the company sought to fend off criticism from short-seller Andrew Left of Citron Research. Left has complained about payments to bloggers and others who get merchants to sign up to Shopify's commerce platform and suggested the U.S. Federal Trade Commission should investigate the company.

>>4128460
Yep. Not sure if I should take profits yet or if this rocket still has fuel in it. If it hits 45 I'll probably sell

>tfw comfy BOTZ gains

>>4128556
>tfw I referred someone to Shopify and make about 26 bucks a month for the last five years off it.

Used to get more, they jew'd me out of my profit sharing.

>tfw I wasn't supposed to trade anything today and am probably going to get fucked all around.

>>4128623
In a market like this seems like having a job and just holding good stocks is the best balance desu.

>>4128619
I guess it's safer to take back what I said here >>4128103 until things become clearer.

>>4128623
Sorry about your kitty.

>>4128623
F

What’s happening with LODE

It’s.... it’s gonna moon right?

>>4128648
I wouldn't let it deter you. Shopify is a great company. The product is fantastic. Literally the only reason I got the referral fee was I had one, my friend saw it when starting his business, and I was like "dude, use my referral so I get some money" and that's it.

>LODE

jesus christ just fucking stop!!!!!!!!

>>4128683
no, you got memed hard

>>4128683
The LODE seems to have blown.

>>4126967
Is this a bull trap or are people waiting for tomorrow to get back in?

>>4128714
This stock is a LODE of shit

I remembered this from the last thread. R.I.P.

Only an idiot could lose money in the oil nat gas markets.

>t. Idiot.

>>4128729
I'm starting to believe there are people with inside knowledge that feed bad advice to /biz/.

why did you guys let yourselves get memed by lode?

i mean fuck, a mining company that doesn't actually mine, only makes money by selling off their assets, and pushed back ER multiple times?

and you still thought it was a good idea to invest in them?

>>4128729

>>4128746
b-but it's gotta fill that $2 gap dip eventually, right?

>>4128525
Eh, I held and averaged down some, my average is still really high ($13.70) but I'll probably break even or see a bit of profit out of AMD by the end of the year. It was the 1-2 punch of AMD and IRBT both tanking at the same time while both having pretty good ER's that was really discouraging there for a few days.

>>4128746

I thought they were going to announce a partnership with GE to consolidate assets for more sales. You only make money when you sell right?

>>4128729
This poor soul

>>4127474
BGFV

>>4128746
>investing in a company with a chart like this
People just love seeing red here

BTW guys get out of SHOP A.S.A.P.

Andrew "i pay $20k a month to support my ex wife and her son(but not my son)" Left is talking shit again
http://citronresearch.com/citron-responds-shopify-conference-call/

This could go back to the low 90s. I cut my loss at $99, sometimes you gotta be willing to admit you made a bad trade. Plenty of earnings/events this month to make that money back and a lot more

>>4128719
If you're not bagholding I'd wait to see if AMD ends in the green today and then wait until around midday tomorrow to see if it tanks in the first couple of trading hours before buying in.

>>4128729
SHOP will come back up, but he'll be holding a while.

>>4128746
I stand by what I said yesterday: 99% of it is just people having a laff, or have they own ten bucks worth for kicks. I actually don't believe anyone here really has much in LODE.

>>4128803
Thanks anon!
Red means go!

>>4128732
GBR is my bet for nano cap in oil and gas

>>4128823
This, right now the day traders and shorts control the price movement.

>>4128777
>my average is still really high ($13.70) but I'll probably break even or see a bit of profit out of AMD by the end of the year.

I think you might be delusional. Reality is starting to impose itself on AMD valuation.

Do I have the worst RH portfolio here? Two shit gold ETFs and UAA.

>>4128803
>investing in a company that has lost over 66% of its value since Nov 2016 when most of the market has been on a moon mission

I just don't think BGFV is going to have a sudden rebound any time soon.

>>4128883
>investing in gold mining etf's
Oh god you are where I was two years ago

>>4126157
Lol ur way fucked kid. I don’t know why anyone in their right mind would buy lode.

>>4128883
>holding leveraged gold etf

>>4128883

You were supposed to close the gold mining memes yesterday when you saw the equities starting to rebound.

>>4128883
>holding JNUG and NUGT long term
you're doing the lord's work anon

>>4126247
>blue chips
>under armor
You’re doing it wrong anon. I’m up 6% this week from Microsoft and Facebook alone. Buy Facebook now if you want to cash in on the earnings report on the 1st. Kind of late to get in but you could pick up a couple percent. The price is dipping right now because they’re being questioned by congress over “MUH RUSSIA”

>>4128927
Should I just sell now so I never have to look at this shit again? Or is there hope in the longterm?

>>4128815
Meh. The entire internet is like that. Webhosts are the same way. Amazon's book reselling program...

>>4128883
protip: sell everything and buy BOTZ.

Jesus christ bro

>>4128942

What's your percentage loss so far?

WE ARE THE LODEMARINES

AND WE’RE GONNA HIT THE MOTHERLODE

>>4128935
Seems like a bad time to buy microsoft. It's on the top of a spike right now.

>>4128942
Or is there hope in the longterm?
you have to pray for nuclear war and the entire world economy to collaspe

>>4128883
/biz/ hero

nah, most losers on here don't post their ports

>>4128879
Eh, we'll see, I have other stocks that are performing well and so AMD being down isn't the end of the world for me.

>>4128962
Just heem me

>>4128968
Yeah I sold off my Microsoft the day after the earnings report came in. A lot of people don’t like to buy into earnings reports but it’s been working pretty good for me thus far. I’m most excited for the Alibaba report on the 2nd. Hope I don’t get JUSTed

>>4128893
>>4128838
earnings is tonight.. buy low sell high. BGFV is low as shit, check out it's P/E ratio and check out the short interest, if good earnings BGFV is going to boomarang over 10

In intelligent investor it talks about people like you guys that get scared instead of happy that a company is on sale.. it says instead of the news saying BGFV lost 60% of it's stock price, it should say that BGFV is on a 60% off sale.

buy low sale high, earnings tonight, if you can't stomach it then yeah, you should go invest in some grandpa stocks with market caps over 1 billion

>>4128986
/heem/

you need to go back

>>4126986
Yes, I meant after the cut. I doubt we have to wait much longer, cut then sub 18 seems like a good target to me.

>>4129019
Ah, yeah I'd expect a nice bounce after the dividend cut selloff is over.

>>4129002
retail is shit right now

>>4128999
Same. I have 4 shares of BABA. I'm a bit nervous. Overall long term holding the stock though, hoping over the years it will be a good one.

>>4129002
Trying to catch falling knives is not a sound investment strategy.

How do I get to a point that I understand what you fucks are even saying?

>>4128977
Hey, I still have 1000 shares I've been holding since deep in the single digits. I still like AMD and have no intention of selling those shares at this time. But, I'm also a realist and haven't felt good about the valuation since it was at 10.

>>4128965
Is this for real? Or is it just a meme now? Please I’m poor as fuck.

>>4129028
i was in here about a year ago and everyone was telling me the same thing with ODP. it went from $3 to $5 to $6 but yet people where here trash talking it just like BGFV now.

If you ever played sports you know you don't buy that shit online because you actually have to try your sports equipment out and BGFV is like the walmart for sports equipment DKS is too expensive for most people.

If they beat ER it's easy money and a fucking no brainer..

>>4129055
Just lurk, ask questions, google lots of stuff. I had no fucking idea what anyone was saying when I first came too. Welcome.

>>4129043
the CEO is literally starring in a kung fu movie
https://www.techspot.com/news/71661-jack-ma-starring-martial-arts-movie-alongside-jet.html

nothing can stop my nigga jack ma

>>4129055
buy high sell low

>>4129098
To me it seems like I was too late to get AMZN at a good price, so want to collect BABA as my AMZN. I feel like it's Amazon + some for even more people. Maybe I'm wrong.

>>4129048
be greedy when people are fearful be fearful when people are greedy

talking about falling knifes half the people in here bought AMD and SHOP which are both in their distribution phase after accumulation

>>4129085
How do I get into trading? Should I not even install this app yet but just lurk for like a week or two

>>4129116
BABA is basically Chinese Amazon more or less

>>4129043
Tbh I bought 146 shares at 182.20 and initially I was planning on dumping them immediately after the earnings report but this >>4129098 has inspired me to hodl.

Long live Papa Ma

>>4129066
I dunno man, manufacturing graphics cards is like printing free money right now as long as the crypto bubble holds together. Their new server CPUs are really impressive and will start making AMD a significant amount of profit while taking back some of Intel's marketshare in that sector which will continue to boost the company's profits. I see good things in the future for AMD over the next 6 months.

>>4129121
>How do I get into trading?
start slow by building a portfolio of well known stocks that you like and then from there learn as much as you can while you add to your portfolio, when the time is right sell off some of your solid stocks to start buying stocks that have potential for bigger returns.

you'll know when you are ready

>>4129121
Lurk for a while, yeah. You can install the app and put a tiny amount of money in there and just buy stuff one share at a time - cheap stuff - to get the hang of it.

Like always with 4chan watch for the memes. There are actually enough people here that will give serious responses to stuff though. I mean a lot of people here joke around but are also investing real money and there is kinda back and forth between serious and laffs. If you are a long tymer of 4chan you'll pick up the difference quickly.

>>4129131
>>4129146
Yeah, I think it's a good long, regardless of if these particular earnings are stellar or not. I could see this stock trading a whole lot higher next year and I think we're getting in at a better point.

>>4129121

The goal is to leave people holding your bags for more than you paid for them. Everything impacts everything else. Like see how Amazon is doing great, that means your brick and mortar is getting fucked, brick and mortar retail getting fucked means real estate investment trusts that supply those buildings are getting fucked.

>>4129121

>transfer your life savings
>buy DRYS and walk away

>>4129239

>>4129162
>>4129193
Thanks for the advice. How much money can you make off of this stuff? I know you can make a shitload but for a casual college guy how much money can you realistically make from trading?

I know this is probably a stupid question.

>>4129239

YOU ASSHOLE!

>>4129239
Done. What’s the next step?

>>4129239
Just four years ago it was $55 million dollars per share, holy shit why is it as such a huge discount? When will it reach those levels again? Might buy.

>Muh Fundamentals
Fuck this shit. How is SHOP down?

They Beat EPS, Rev, Operating Income, and raised '17 guidance. And entering their most profitable qrt. But down 11%

At least with shit stocks and pharma you know why it's down.

Why aren't you holding any ASX:MEI /biz/

No this isn't a coin, this is an old school pennystock.

Some facts:

>Meteoric Resources is a mining company with 3 promising drilling sites with high level of cobalt, copper and nickel in Canada
>The real focus here is on the cobalt
>The cobalt price almost tripled in the last 12 months because the increasing need of it for batteries for electric car and smartphones
>This trend will continue
>Right now the majority of cobalt is mined in Congo this will change for muliple reasons:
>the mines in congo are a mess and unsafe, also child labour is common, the public isn't accepting this, trendy companies like Tesla and co. can't afford to get connected to this conditions
>Another down side of Congo are the unreliable deliveries of cobalt, with increasing demand this gets intolerable
>Therefore new supply lines are needed in more safe and reliable countries
>MEI will be one of the major players in this field and their market cap right now is low, that's makes this such a good investment

The results of the drilling sites will be released within the next 1-2 weeks. If and this is something you must consider, the results of this test drills are positive, the share will moon. Short term goals are 0.30-0.50$ long term way above 1$. Till Friday we will see 10 Cent without a doubt.

Here are some useful links and information about the sites

>http://www.meteoric.com.au/projects
>http://www.asx.com.au/asxpdf/20171030/pdf/43nqhbxd2xg8ty.pdf

Especially the Iron Mask site with 15%cobalt/t is to be noted, 1-3% are good spots, everything above 5% is considered great and above 10% is godlike.

I know, not crypto related investments won't get much attention here but this is an awesome opportunity I wanted to share with you.

Disclaimer: I hold at the time I made this post 77.000 shares.

You people make fun of DRYS, and yet it's down far less than SHOP.

>>4129261
Depends on how much you risk. There is a real craft to this shit. Don't expect to make a salary anytime soon.

>>4129285

Sell your DRYS to some asshole, excuse me I mean investor, for more than you paid for it.

>>4129261
It all depends on how much money you put into it.

If you put $100 into a robinhood account then you'll be doing really good to make $50 in a year from your investments.

>>4129261
You can get free stock now if you download via referal
http://share.robinhood.com/davidt917

LODE shills were so obvious
So 11 cents now, like i said
SEE YOU AT 10

Should I buy CVS?

saw an increase in volume but no price increase. Also news about Aetna buyout but no real impact in the price from that; looks like there is a lot of room for growth

>>4129295
Same thing happened with IRBT after good earnings and raised guidance. Obviously there were a lot of people who bought in at a much lower level that are now cashing out. SHOP should recover over the next few weeks.

>>4129295
>How is SHOP down?

Jews.

>>4129261
>How much money can you make off of this stuff?
thats all on you and your trading strategy. Some people can make 1% a year some people can make an average of 1% a year and some people lose money. Your best bet from my experience (4 years) is to build up a solid portfolio and slowly get your feet wet with trading while you learn everything you can about fundamentals and technicals. My girlfriend doesn't bother learning all that stuff and just buys stuff she thinks is low that she likes like Ford, Coke, etc.. her portfolio is doing pretty well, actually probably better than most the people portfolio in here desu

>>4129261
It depends on how much money you have to trade with. I think 10%-15% is a pretty reasonable expectation. That's not much if you only have 1000 bucks invested, but if you have 30,000... or more...

That said, it builds a good foundation for your future and should be part of a comprehensive investment plan. So yeah maybe now you do don't have the capital to make much, but when you do and as you gain with age and wageslavery you'll already know how to do it.

Finally, remember it can go down. Markets correct.

>>4129332
Yes. Cvs is not going anywhere and dropping on nothing but a bid that wont pan out anyway is thr definition of panicked fearful (or planned)

Look at their balance sheet.

>>4129316
Fuck off, David.

>>4129309
Look at the 1yr chart for both stocks and get back to me on that.

>>4129295
>Fuck this shit. How is SHOP down?
it amazes me that most of you retards in here don't understand how stocks work..

huurrr duurr AMD had a good earning but they still fell huurr durr same with SHOP

who do you think is selling into the liquidty provided by retail and where do you think they bought? and where do you think they are going to sell?

I'll just check LODE, probably up on anticpiation of the earnings repo-

AAAAAAAAAAAAAAAAAAAAAAA

Some one crank up the volume on this GUSH! I want to see more hype and momentum!

>>4129374
can you expand on this?

i dont understand what you said

>>4129447
How much LODE you got?

>>4129295
It's called citron research a multibillion dollar firm that only does short selling and today SHOP is their prey, good luck faggots

>>4129374
>>4129475

Buy the HYPE and SELL the news Anon.

>>4129485
the citron thing came out like a month ago it should be priced in by now.

meanwhile the earnings report is much more recent and reassuring

LODE down, ok but I'm sure Shopify is doing better, its basically the new Amazo-

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>4129316
You’re either a fucking Mexican or some scrawny Jewish white bit. Fuck off david.

>>4129502
If citron wants the company to crash to the price it wants they will crash it to the price they want

We're gonna make it

>>4129509
Damn hurt me right in the feels

>>4129550
literally dumb money. Give it to me so I can actually make you money.

>>4129550
you're unironically fucking yourself over lol

cut the loss and make it back elsewhere. its earnings season

don't be like that cuck that dropped 20k on DCTH right before it got delisted

>>4129561
I'm gonna use this as my wallpaper now.

>>4129581
Anyine buying funko ipo?

>>4129608

Damn it David do you know how to post a picture that is right side up? You can't just rotate a sinking chart 90 degrees and make it into a winner!

>>4129550
AAAAAAAAAAAAAAAAAAAAAAA

>>4129550

y-yep

>>4129608
It goes against my plan of investing in companies I am a customer of but damn if there aren't millions of retards who love these cheap vinyl dolls. Gotta liquidate some funds to get in, this could be a quick x2-x3

>>4129608
I'm going all in. Normalfags love that shit.

>>4129682
it could be like roku. buy in at the morning, wait for all the normies to swarm in, then sell and leave them with bags

>>4129695
when is the IPO?

>>4129701
Thursday

>>4129561
Is that a fedora, David?

>>4129701
The trick will be getting in during the am with how shitty Robinhood is with ipo's and busy markets.

>>4129701

I don't know what a Funko is, is it like a beenie baby or one of them fucking furby things? Should we all just buy this shit at 930 and sell at 11am?

>>4129715
M'lady
>>4129735
Thats what im thinking

>>4129695

Normalfags also love snapchat. Look what happened.

>>4129121
The best advice I can give you is ALWAYS use a stop loss. I don’t care what stock it is, I don’t care how much or how little you have into it, use a stop loss. This is one of the key things that separates stock traders from gamblers. Don’t be a gambler.

/SPI/ afternoon report. Nothing is happening.

>>4129771

There was money to be made on that IPO release though.

>>4129550
dude just take that out and put it into AMD

>>4129048
This guy is right for the most part. Don’t buy a crashing stock but do buy when a stock is in the red. Buy the dip.

https://m.youtube.com/watch?v=0akBdQa55b4

>>4129779
If you set a stop loss, and the stock goes up, and you sell at a higher price... that "stop loss" is just cancelled right? I realize this is a dumb question but never used a stop loss before so curious about what happens when it doesn't get triggered. I know if it gets triggerd you sell your shares...

So you have stop loss set for every stock you own?

>>4129771
Snapchat could've got bought out by fb. Now they are fucking their shit six ways to sunday. No one sais to hold fnko

>>4129809
this video is satire tho

>>4129771
>up 44% the first day
Looks like a win to me.

Bought 15 shares of SHOP at 99. I think this is all profit taking and retarded day traders fucking with the stock. It has finally posted profits for the first time after have a negative earnings forever due to all of the development. Lefty's report on SHOP is nothing to be concerned about. He is just a gains goblin trying to save face about his retarded reason to short. Solid company. It is only uphill from here.

>>4129782
Don't worry, you'll lose all your money soon enough.

>>4129817
It's a good play based on techs. I've made a little off day trading it

>>4129069
DO NOT BUY LODE
It’s not a regular meme
It’s an advanced meme

>>4129868
I'm in at the bottom basically. I can set a stop loss and not lose very much. Now that I know that's a thing (wew over my head)

>>4129290
Is this bait? I hope so.

If not, DRYS has been a MASSIVE failure over the past few years. They’ve done more reverse splits than I can count. A reverse split is where the shares become so worthless that they cut the number of shares and raise the price. For example, if you had 100 shares of DRYS worth $1 each before the reverse split, you would have 50 shares of DRYS worth $2 each afterwards. They started doing this so often I couldn’t even keep track of it.

Tech is over.

Buy materials.

>>4128903
>two years ago buying gold mining etfs
>>4129290
>today considering buying DRYS

well, you've progressed backwards, if that was possible

>>4129261
You can make a lot if you do the right things but you can use a lot just as fast as you made it. Personally, I’ve made about $4k in the past week trading blue chip stocks only. I expect to make another $3k-$5k by the end of the week by buying the dip and selling after the earnings report. Pic related.

>>4129290
>>4129955

They also release more shares to raise money further devaluing the value of the shares in circulation, then they reverse split and repeat. How ever the shit can be traded for profit if you're a magician, look at what happened around this time last year, but I'd rather take my chances trading options on leveraged ETF memes than buy that shit.

>>4129989
I want to invest in carbon fiber at some point. Feel like it will be used in more and more cars for emissions.

>>4129447
>he actually bought LODE

>>4129561
M’davy

>>4129989
You have not even seen the beginning of tech

>>4129814
Hi, yes you’re correct on both parts. The stop loss only gets triggered if the fair market price for that particular stock falls to whatever price you set. If you sell for higher, the stop loss is automatically cancelled. Example: You bought at $100. You set your stop loss for $90 so worst case scenario you only lose $10. Then if you sell for $110, the stop loss is cancelled and you made a $10 profit while managing your risk.

Stop losses are set for each stock individually. You can set different prices to sell different numbers of shares if you’d like. That way you can save yourself from losing a greater amount but can still hodl into a portion of your shares if you think it will recover.

making bank shorting XXII thanks biz

>>4130000
>quads

You're me, except I'm only working with around $5k. I've done well by only trading blue chips and the like.

AAPL TSLA FB

My method is simple. I put every dime I have after bills into my robinhood account and use that for day trading. For long term holds, I add some every time my student loans come in. lol. Currently holding BOTZ and SNSR for the next decade most likely.

>>4129855
I disagree. Anytime you’re buying stock, you should always get in at the lowest possible price. The dip gives you this opportunity. I bought the dip on Facebook and Alibaba this morning, currently up $400 just from those shares. The dip is fluctuation, the price will correct.

>>4125928
Well it looks like amd isnt going much below $11 now

now back to 2nd quarter earnings square one, again

>>4129989
Exactly

>>4130002
What was the cause of that spike in the price anyway?

>>4130091
You might disagree but that video is literally intended to be satire. Poe's law and all that.

>>4130080
>hodling for a decade
You are a dedicated man

Unironically going long DRYS.

>>4130117

I don't even know I started around March.

>>4130118
Is it really? Strange how that worked out as I actually took it as the piece of the puzzle that I was missing in all of this.

>>4130062
Thank you. So all of your stocks have that? I mean seems like every stock should in case of a market correction?

>>4130141
Why

>>4130150
>Its not a pyramid scheme you idiot, its a "buy the dip scheme", you feel me?
you really didnt realize this was satire?

>>4130133
I'll sell half at 100% and ride the rest into eternity. You cant lose with that strategy and you end up with a huge portfolio. Penny stock biotechs are good for accumulating. Buy at .50. Sell half at $1. If for some reason that company really hits a home run and runs to $10-$15-$20, you've made bank on little risk

I'd LOVE to have enough money to where I could buy $100k of something and do that so a dividend would actually be worth it. One day though.

God damn. Hard to figure who's jooin who

Why is GUSH coming back down?

wats happening?!

>>4130242
Fugg people are dumping at the end of the day

>>4130190
Nope. Stupid is as stupid does but I’m quite alright with that.

>>4130262
>>4130242
more red tomorrow too. I'd expect it to be red all the way down to the $10 range

>>4130174
Yeah I wouldn’t trade without one. With a stop loss, your losses are limited but your potential profit is technically limitless. The best part is when you get a point that you’re deep enough in profit that you can set your stop loss higher than what you originally bought in at. By that point, your initial investment is secure.

>>4130281

$9.91 is the bottom at 1pm tomorrow.

>>4129999

>>4130309
you read my fucking mind. My friend and I are loading heavily at $10, as I'm guessing everybody is

Use my invite to Robinhood for 1 free stock. We each get 1
>http://share.robinhood.com/johannw
Proof of past invites.

>>4130242
AMD is becoming the stock it was always meant to be

protip that's $4

>>4130323

>>4116178

>>4130295
If the market crashes like in 2007, would the orders be able to prevent loss even in mass sellings?

I mean why didn't stock brokers have stop losses setup for their customers? They thought it would dip right back up?

>>4130242
It stopped dropping more or less, it ain't going below $10, so basically the same shit that happened during 2nd quarter earnings

>there are people on rgt that averaged down on the AMD bull trap

Lmao!!!

Get in here LODE is screaming. It's lifting off!

>>4130342
A stop loss sells your shares at the best available MARKET price once the shares reach a certain number. If you have a sl set at $10, it may sell at 9.99 or $9. Depends on the volume, the size of the crash, time of day(if it crashes overnight. See Brexit for a recent example).

>>4130342
In the event of a massive market-wide crash, I’m not entirely sure.

>>4130342
The order has to be filled by a buyer or buyers who want to purchase that quantity at that price. So it's possible the price could drop so quickly that your order gets filled way below your stop order price in a time of high volatility, if you have it set up as a market-type order. Also possible that a momentary dip triggers your order, then the price recovers but your shares have been sold at the low price.

Read this guide: http://www.investopedia.com/university/stocks/

Are you retards still not in HIVE yet? What the actual fuck are you doing with your life? You can daytrade it, you can buy and hold, it doesn't matter because you can LITERALLY NOT LOSE MONEY WITH THIS STOCK.

>>4130342
>I mean why didn't stock brokers have stop losses setup for their customers?

Because they were too busy laughing about how valuable their put options had just become.

>>4130459
Well you are the retard who posts a ticker not found on Robinhood in a rgt...

>>4130459
>you can LITERALLY NOT LOSE MONEY WITH THIS STOCK.
hhmmm

>>4130459
>JEWS HATE IT!

What's with all this NAK dipping to $1.90 and coming back to $2? I swear it's like some one is accumulating a very large short position or something.

>>4129903
I’m already 1400 shares in :(

Should I buy 1 share of LODE for meme reasons?

Looks like Watson is going to beat me today unless I get some red candles on DRIP during power hour. What ever well played you retarded machine.

>BAC+B

>>4130618
My MU shares are up 6.6%, my CRAY shares are up 9.25%, and my IRBT shares are up 5% today. Fuck Watson.

>>4130690
I'm still up 66% on my BAC+B holdings, after 2 weeks of solid gains it needs to cool off a bit

>>4130713

My GUSH and DRIP play is going well, but i'm getting cucked by a Papa John short and NAK options so I'm at a .5% loss. Watson is actually helping my red be less red.

We need a new thread to laugh at the LODEfags after the earnings report tanks their stock.

>>4130838
Then make one

>>4130930
>>4130930
>>4130930

Fresh bread.