/biz/ - Business & Finance

First for SO

Dow and Nasdaq starting to look a bit choppy with the futures trading. Will be an interesting opening, now that all the bigger earnings plays are coming to an end. We'll get to see if these levels can be maintained, without the momentum provided by a strong earnings season.

Some earnings plays I'm doing for next week:

>Weight Watchers (WTW) Monday
It's actually a secret meme stock. Up 300%+ over the last 12 months and popped 20% last earnings. I think they can keep it going with their new CEO

>SINA Tuesday
Chinese social media company, they've been down for the past few weeks because of fears over changes in the chinese govt or some shit idk. The chinamen love to forge numbers and do asspulls go get beats, I feel like they'll do it this earnings coming up to get their price back up to snuff. It's not like BABA where it had a run up.

>SNAP Tuesday
Risky contrarian play. A sizeable amount of people see this as a good short. If SNAP beats or breaks even, (((they))) might manipulate the price to cause a huge short squeeze to make the price pop for profit. I'm only buying a small amount though since it could also just keep dropping hard as usual.

https://share.robinhood.com/robertc1912

use my link to get the app and we'll both get a free stock.
ty

>>4177247
fuck off david

>>4177247
How are you not permabanned yet

>>4177275
all in on link?

Wow, damn good jobs data just came out. Looks like a strong opening today.

>>4177358
>tfw im holding AAPL

gonna get some more tendies today

>>4177386
Nice.

Who /didn't contribute to the lower than expected unemployment/ here

ATVI making me happy. Gonna watch my gains all day then go home and raid destiny all night.

Seems like we're going back to choppiness. If I had to come up with a reason, it's maybe because of the lower than expected non-farm payrolls number.

Received my wagecuck money today, which ones should I buy?

>>4177607
Oh wait, just noticed PMI (http://www.investopedia.com/university/releases/napm.asp)) report is about to be released, markets are often volatile before important releases.

>>4177414
Even when I've been out of a job I've never filed for unemployment.

>>4177254
As being the real david, i love this

>>4177440
Oh yeah, I forgot that ATVI's earnings hit, nice.

>>4177712
Thanks for distorting everything.

>>4177740
no problem boo

>tfw over 80% gains on BAC+B holdings

wew lad

fill my premarket orders you fucks reeeeeee

I've had a real shitty week, but I'm just glad as fuck I didn't invest in Pandora.

>>4177774
Christ that's bad, I wonder if any anons are considering suicide right now because of that.

>>4177774
i remember telling some anon here not to buy that because nobody uses that shit anymore

>still holding lode

When do i commit sudoku

>>4177798
Just dump that shit and move your money elsewhere. Surely you didn't put more than $100 into it right?

>>4177813
It can only go up from 9 cents tho r-rright?

NOK

>>4177813
someone here bought like $3k worth last week

DRYS!

>>4177829
>he doesn't know about sub-penny land

tfw was thinking ATVI was a good call all last week but too broke to buy any ;_;

>>4177798
there is going to be a 1:5 reverse split on the 10th.

>>4177798
Tfw I actually made like 25 cents off Lode

>city of P

>>4177669
Apple is experiencing some profit taking, in the face of the upcoming PMI report. You could look for an entry, should you think it drops to a good enough level.

>KTOS
Apologize RIGHT NOW REEEEEEE!

>>4177239
You buying wtw today or waiting until monday?

My account looks good in red, it just doesn't know how to pull green off.

Someone explain why KTOS was up after hours and now it's in the shitter?????

>>4178119
CERC stop playing with me please and just moon already

What are you guys thoughts on SNAP??

I'm tempted to buy and looking for a $2 pump heading into the holidays.........

>SBUX misses revenue expectations
>stock still rises

>>4178136
Snap ia for normies and normies dont even use this anymore

>>4178114
I bought some today and I saved some cash for monday to average down just in case if it drops

>>4178136
seems risky, I think you'd be better off putting that same amount of money into INTC instead, it's gonna head to $50 by the end of holiday season by the looks of things. It's slightly down today as well.

>just got tricked into thinking pandora was recovering and am now already holding a bag

>>4177075
DXTR STRAIGHT TO THE MOON

>>4178179

You deserve to get hurt for trying to catch a falling knife. It's a costly lesson, but education isn't free.

Good thing I bought ATVI at $61.40 a couple of weeks ago... Hopefully Blizzcon will take it back above $65 next week.

>>4178179
>buying a falling stock right on open

HOLY SHIT

>>4178211
>>4178224
It wasn't falling though, it was going up!

>>4178235
Did the same thing last er then shot up to $13.

>>4178235
AAHAHAHHAHAHAHHAHAHA

Pandora is unironicially going to 0

Non-manufacturing PMI beats expectations, yet no rally to 25k in the Dow. This could be the end, lads.

>>4178305
Nah, just your normal Friday selloff. Next week we'll see a return to irrational gains.

>>4178305
i've been hearing that for years man

>>4178336
Just stop by zerohedge and you'll see 2-3 posts a day talking about how the bubble is about to burst and the economy is going to tank.

>>4178352
i've been looking at ZH since day 1 good site buy you have to take it for what it is, doom porn

>>4178352
I've been like that with interest rates and market valuations. But I just can't argue with strong ISM reports and strong earnings. There are still valid concerns with slow wage growth and taxes/inequality, but those factors just don't seem to be playing out in the stock market, currently.

Just swapped out my 1000 shares of NMM to 50 shares of NTDOY

Did the algos glitch or was this manipulation?

I was really hoping to pick up some cheap TXN this morning. reeeeee

>>4178165
On board with you anon. GL

Post ur stacks

>>4178548
hoping to see a turnaround today, too much red for my liking

>>4178548
Nok worth it? When is earnings?

>>4178568
>GE
I'm sorry bro

>>4178568
fellow etrade bro? why are you so deep in margin?

>>4178585
It's a short position, I'm up over $700 on it.

>>4178576
ER already happened. They beat top line but I think guidence wasnt that great. It's CRAZY oversold atm and it has a fucking dividend.

>>4178602
Lots of good deals so I went pretty heavy into margin. I'm planning on selling off to get back down to a reasonable margin level over the next couple of weeks.

Anyone buying NAK Dip?

Easy 5% gain on Monday.

>>4178604
Shit, nice

Any thoughts on KERX? Earnings on Monday and a PDUFA decision worth it at a $5.70 limit?

>>4178616
Does your margin number include your GE buyback cost? Just curious I haven't bought on margin while having an open short. I know when you short ex 8k. Your cash shows 8k available.

>>4178619

fuck you

>>4178619
>>4178689
Isn't NAK the mining company that's one shovel away from starting to mine? As in never having owned a mine?

>>4178689

News coming by the 17th.

>>4178683
Well, the full buyback cost is taken out of my margin allowance but it doesn't show up on the "margin debit" category. If you include the GE buyback cost then I'm actually using about $16k worth of margin.

>>4178689
>tfw sold NAK for a 15 cent profit

Sometimes /biz/ does make you money

>>4178479
Yeah I wanted to grab some more as well. I have no idea what that dip was about. I read somewhere that the CEO or someone sold off a shit load of shares, that might have had something to do with it.

>>4178726
ok that's what I was thinking. You've got some balls man.

>>4178764
I've got some really tight stops set, most of the stuff I'm up over 5% in has stops set so that I'll still show some profit even if they trigger.

>>4178715

It's a worthless, shit mining company like LODE, that was pumped last year during the election.

>DCIX

LODE bagholders on suicide watch

BGFV

Shipping stocks

Been bagholding $EBIO for over a year now. I had the opportunity to sell for a 15% increase at one point (was almost 30k) and at that moment I was distracted by a friend and had to handle something. Didn’t set a stop loss. Didn’t get when I could have because I was retarded. Not sure whether to just hold forever or average down. I’m not in need of this money and I only ever put money that I was fine with saying goodbye to into Robinhood but every now and then I remember how in the red I am and want to fucking kill myself. I am seriously considering taking all 13k out of my IRA and averaging down on this piece of shit in the hopes that it might shoot up again. But I know that would be even fucking more retarded. Kill me senpai.

>>4177075
>BABA getting fucked
>TRXC getting fucked
>KTOS getting fucked

#metoo

>>4178820
That's what I was trying to emphasize...
> Mining company that doesn't have a mine

>>4178936
Just think of it this way: at least you made $150 today :^)

>>4178936
Look at it as a tax write off for years to come.

When is Args earning?
Second question... should I?

>>4178936

>>4179002
Earnings are a total meme right now. You’re better off shorting it

>>4177247
If I uninstall then click this what happens

>>4179110
don't
it makes mustard gas

>>4179110
Nothing, you'd have to make a new account.

I need a good hold for over the weekend

>>4179160
NAK, expect news to come soon.

DRNA and RIOT?

So when will XXII moon, guys? These bags are getting heavy.

Does anyone here use the elite version? Is it worth it?

FNKO is on the menu boiz!

Well ALT sure was a disappointment

>>4179230
got to hold till the 9th and hope for good news.

Thanks to the anon who told me to buy DRYS yesterday

>>4179253
Should I go Chad and drop 1k?

Have you guys seen the absolute madman who is literally letting random twitch viewers control his $50k portfolio?

>>4179432
>random twitch viewers

lateral thinking bro

wtf TOPS is up 50%, missed it mayn

>>4179432
Is he trying to make a point of some sort? I don't get it.

>>4179432
link??

>>4179569
channel is called stockstream

>>4179519
I don't get it either but I bought him some DRYS yesterday

>>4179591
>I bought him some DRYS yesterday
Based anon.

>>4179002
shoulda dumped that trash at .17
seriously I was wary holding it overnight and when there wasnt any news for a few days I sold
likely goin bankrupt

>>4179463

All shipping memes are up anon

check out DCIX

What are the good weekend memes?

>MYOS

The fire rises.

>>4179831

Post your losses.

>>4179606
What these numbers must be a mistake

>>4179853

Still hanging in there

>>4179591
>I don't get it either but I bought him some DRYS yesterday

DRYS is up 14% atm. He must be very happy with you.

ATVI no better then a Las Vegas casino stock at this point.

>>4179886

what were you thinking

>>4178919
>>4178844
Is there any way to predict when these shipping stocks moon? It seems to happen several times a year, but I don't see any pattern to it.

Another red day. When does it end

>DCIX

I’m in boys, this is some crazy shit

>>4179934

I try not to.

>>4179946

The same thing happened last November.

I HURT MYSELF TODAY

>>4179952
Okay I just made a couple bucks daytrading this shit.

Is it safe to go back into AMD?

Buy high sell low my dudes

>>4179952

I threw $500 at it earlier, wish I did more.

What the hell is going on with DCIX, what's the news?

I've got a pick for u guys. The stock is prts they own several websites for selling car parts.

>>4179952

over 300% now and no signs of stopping

LMAO

>>4180062
Why do you like this one?

Also vix is super low right now at 9.28

today scares me

>>4179977
HELP ME MOMMYYYYY

>>4180063
I sold at 9.60


FFFFFUCK

>>4180089
F

>>4180089

>>4180089
Holy crap

>>4180089
WTF possessed you?

>>4180089
y-y-y-ou can still sell

>>4180089

>>4180089
Just put that money into DCIX lmao

You’ll make it back by the end of the day

>>4180081
They own www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com, and www.AutoMD.com. The stock trades at below 100 mil market cap and those are some good websites

NO NO NO

>>4180091

Throw your gains back in on the dip

>>4180152

[if you still have a day trade left]

>>4180113
b-b-buy the d-dip, r-right guys?

>>4180089
'The only thing to do when a person is wrong is to be right, by ceasing to be wrong. Cut your losses quickly, without hesitation. Don’t waste time. When a stock moves below a mental-stop, sell it immediately.' - Jesse Livermore

Reduce what you can handle.

>>4180169
No, I’m done. I put my gains into AMD like an idiot.

That’s some crazy volatility though. I want back in

>>4180147
Do you guys think itll go lower? I think it'll go lower.

>>4180187
I think it's going to have a hard time breaking 11 because that's a sell target for a lot of people but I don't think it will drop below 10.

>>4180138
You talking about a long term hold then?

>>4180225
If you look st the trend, AMD will go back up eventually.

There’s no real reason it should have dropped after earnings anyways

>>4180225
So far the best I can hope for is 10.80 it seems

>>4180258
>There’s no real reason it should have dropped after earnings anyways

Except that it was never worth $14/share in the first place. Reality check, bro.

>>4180089
Of all earnings to gamble on u go in on pandora. I've used it and quit after an hour because it wasn't very good.

>>4180134
lmao I literally just bought a hundred shares like minutes ago and have already recovered 1/5th of what I've been losing the past couple of weeks on TRXC. Thank you based anon, what the fuck is going on with DCIX right now?

>>4180174
Although, it's probably bound to at least hae some form of upward movement soon. Just try recover as much as you can.

>>4180244
Sure it seems like a good company to me.

If you want the lesson of what happens when memes blow up just look at something like AAOI

8/1 it was 100, now it's 37 in 3 months

>>4180089

Finally, someone that topped 1.5k AMDfag.

dcix or tops or is it too late?

>>4180326
Thanks m8. I also need a solid weekend meme, however.

>>4180305
I don’t know.

Meme magic.

I sold way too early, no idea how high it’s going to go

>>4180377
I am so fucking happy rn Anon, I can't even begin to explain or express to you. Thaaaank yooou. To about 50% recovery now. Holy Jesus.

Nani?????

>>4180346

It's up 500% and it's not even 1 PM yet.

Shorts are getting BTFO

The ride is going to get going unless the SEC gets involved

>>4180411
US only. sign up with a traditional broker, you'll get to trade cool stuff like options. just you'll have a higher brokerage fee

>>4180411

>not living in burgerland

>>4180415
DCIX might crash soon.

It’s too high right now

>>4180460
FALLING KNIFE

>>4180460

Doubt it.

Barring SEC halts, I think it's going to close at it's high within 5 minutes of closing bell.

It will crash and burn on Monday.

>>4180500
It’s so crazy volatile, it can’t stay this way for 2 more hours. It’s dipping dollars at a time. It’s going to dip too far at some point and everyone will panic sell.

>>4180522

We'll see.

>>4180546
I bought at 13.25, held for 15 mins, and panic sold when it dipped below 14, which went through at 13.34. Lost $3 on comissions.

>>4180522
Yeah, but bros, this shit was 20,000 a share as soon as this year, like July. Why did it crash? Do you really think it won't improve longterm?

>>4180584
that shit went from 20k to where it is now because the outstanding shares increased by several thousand percent.

>>4180578
in 13.15. drops immidiately. put sell in for 13.5. it triggers and blows right up to 15 fml. only made $25.

Whats going on with twitter?

>>4180578
>>4180639

how are you guys fucking this up

GPro keeps dropping! Fuck just gotta keep holding these bags

>>4180639
>>4180578
That’s the thing.

This is just insanity.

You never know when to sell. It’s going to crash, but how high will it go before then?

BUY and hold DCIX

No fucking brakes

>>4180704
no thanks. i have unlimited day trades not going to risk bag holding.

>$17
>It will be $18 in 30 seconds

Mother of god

my tops order sold. that means its going to rocket now.

>>4180302
This. Always bet on the market leader.

>>4180134
That is it, Anon, not even an hour after I took your advice for somebody else to buy, I have made back all my TRXC losses. Thank you, thank you, dude, I cannot thank you enough.

What do you guys think of ANET?

>>4180756
Already hit 18 this is crazy

>>4180657
I'm not gonna kick myself over not doing the right thing in a scenario of absolute insanity.

guys from the AMRS discussion yesterday

AMRS is has dipped hard, now is the time to buy

>>4180773
$19 now

>>4180777

>Put 11 shares into DCIX because why the fuck not
>Already made more than a typical week worth of trading

>That dip to $16

I’m surprised it didn’t crash right then.

>>4177771
it takes a day for off hours market trading to show up

>>4180500

I told you faggots.

you guys never listen

BAC why won't you break $28???

>>4180892
It’s all guessing at this point lmao.

What is even causing this pump right now besides massivehype on getting rich quick?

Cheers

>>4180944
hope you sold

>>4180939
really small float because of the reverse split. Hive mentality, shorts arent available. nothing to push it down.

Just added to DCIX may god have mercy on my soul

>>4180961
Of course my dude

>>4180979
Lmao my coworker bought in at 19.52.

That was like the peak for the past 20 minutes.

It’s sitting still for now. Might be calming down a bit. Now is a bad time to buy

>>4180939
>It’s all guessing at this point lmao.

No it's not. Learn TA and basic psychology.

>>4181008
what the fuck is wrong with him. if they put this thing on a t-12 halt your friend will lose all his money.

>>4181008
Shut up faggot were going to the moon.

>>4180780
no thanks

>>4180979
>>4181008
Not fucking selling until tomorrow.
I either reach the legendary $100 levels like 2016 or I anhero.

I bought 300 bags at the all time high and sold them all at 18.18 ama

>>4181057
tomorrow is saturday. most likely an hero. how many shares at what average.

in b4 2 shares at 15

>>4181057
You are fucking insane if you think this stock will be $5 on Monday

>>4181061
did you learn not to emotionally trade

>>4181086
Yeah. Waiting till the price hits 19 or higher so I can go all in then sell low again.

>>4181077
Oops forgot it's Friday.
44 shares at $18.91 inb4 poorfag

>>4180762
fuck i knew it. sold at .7. had 1000 shares.

>>4181160
>>4180762

kek

>>4180771
Congrats my dude.

This DCIX is surely a meme, but memes that help out come every once in a while

>>4181122
fuck it, hold. worst that can happen is you lose $800 when this thing goes back to 1.50

>>4181224
well right now you're down 150 bucks. feels good huh

>>4181224
I know. As soon as I sell it's going to fly.

wew i made 4 trades on these today profits on all. i'm shutting down b4 i get to degen and lose tons. Now I just pray the fatties make me money on wtw on monday.

Whoever said buy NAK thanks for 1% gain day trade.

I hope you guys aren't so focused on DCIX that you forgot about TOPS...

>>4181299
If your only up 1% on a NAK day trade today, you are doing it wrong.

TOPS is getting ready to run again

>>4181299
>>4181430
NAK is a 1 day swing trade my lad. I bought today avg 1.82 and selling monday at 2 for easy 10% gain

>>4181454
i'd buy at 1.06. but i already said im done for the day.

Just went in TOPS, wish me luck lads.

>buy the ibex dip
>it dips lower

wtf spain

Three minutes until next TOPS pump

>>4181578
>Buying Spanish market index fund
1. Why?
2. How? Can you buy it on Robinhood?

>>4181567
Lmao.

I’m too lazy to look up. Did you buy DCIX at 19?

I think if TOPS bottoms out at .95 it might run again. But we shall see

DCIX is back boys!

>>4181640
1. I trade all world indexes
2. I dont use robinhood

tfw yuropoor, is this shit US only?

>>4181810
Yes, if you are not from the US you cant use Robinhood. But! you can use an old-fashioned broker (which will have fees).

short the market

Any earnings plays today?

>>4181710
Any suggestions on emerging markets?

Also whats is the symbol for spain index or is it a combined index with multiple markets.

>>4181837

Just picked up UVXY. Thanks!

Hey listen, when your Greek shipping companies are going to the moon, something is not right. This whole market is about to do the exact opposite of what it has been doing all year.

>>4181936
>UVXY
>shorting the market
wrong

>>4181835
gas the kikes race war now, is there a fee free platform on the horizon for us peasants?

>>4181994
no, not as far as I know
in the long term, if robinhood is profitable, you'll get one, eventually
robinhood kinda sucks though you can do fancy stuff like trade options or buy uvxy

>>4182032
cant*

>>4182032
You can buy UVXY and do limit trades/stop losses

What are you talking about

>>4181847
UVXY earnings today

>>4181966
all time high
TIME TO BUY

>>4182082
oh sorry for the misinfo. dont buy uvxy regardless
you cant sell options though, its (((confusing)))

Some of you guys are all right, don't come to the markets on Monday.

>>4182089
buying UVXY isnt "shorting the market" tho

GUESS WHOS BACK
BACK AGAIN

Guys.. Is gopro gonna go back up? just maybe 20 cents?

>>4182268
https://www.youtube.com/watch?v=-TvWjJCnrNw

>>4182089
how come you never post your gains from your amazing "uvxy my nigga" strategy?

>>4182268
We’re going to make it bros

>>4182297
>tripfag
>portfolio
Pick one.

>>4182323
:^)

>>4182374
I bought 15 shares. One can hope. I need a lambo

also instead of buying UVXY when volatility is low like a retard, why not just keep some of your portfolio in cash to buy the XIV or VMIN dip when the vix spikes up again?

only brainlets try to time the market

BGFV guys easy money this month

Fuck it going all in on PCLN for earnings Monday

>>4182474
vix is at 9.13 and retards still wont put money on volatility going up.

>>4181122
are you still holding??

>>4182565
I am by being prepared to buy XIV

>>4182565

Some people prefer to be poor.

I went full retard boys

>>4182645
Why haven't you gotten out of DCIX yet?

>>4182645
why the fuck are you still holding dcix

>>4182645
that's a full meme portfolio

I've almost made 2000 bucks in the last two weeks.
Pretty good week desu

>>4178717
news was "supposed to be coming" since september

>>4182610
xiv could turn into a falling knife at any point and uvxy could bee a rocket ship.

buy ATVI, they just announced legacy wow. Its going to reverse Wow's declining sub numbers.
They are going to market it with the new expansion.

>>4182669
Yeah I got in at 10 dollars. No worries boys I wanted to be homeless anyways

>>4182699
pink wojaks ready for monday?

JUST

>>4182744
I think I made some bade choices

>>4182776
nigga george economou is gonna steal all your money

take profit or cut bags TODAY. do not hold

Should I buy go pro before close?

>>4182793

>>4182831
What the fuck do you see in Go Pro
that trend will be long gone soon

>>4182840
all the greek shipping memes do random pump and dumps every few days to attract gullible investors and then trap them with bags and rape them with reverse splits to take their cash

>>4182793
georgie would never do that to his shareholders :)

short vix at all time low. buy xiv on every market dip. be greedy forever goy the market never goes down it only goes up. our own president said the only reason the market is where it is is because of free money but thats no reason to worry no no....

>>4182871
But I want a Lamborghini

>>4182898

VIX is at fucking 9.1 nigga! Go long this shit's gonna pop!

>>4182925
georgie has several, from all his wise business decisions. we should trust george with our money because he is so wise

>>4182274

beat eps by 500%....stock price drops...makes sense. i just keep losing, gopro is sucking up all my other earnings

>>4182884
georgie is just an honest guy trying to give foreign shareholders a chance to have a stake in the greek shipping business :^)

>>4182925
https://www.youtube.com/watch?v=cnOE7cDuxa4

>>4182938
VIX isn't in my list. What the fuck?

>>4182987
you can't buy vix directly anon

buy UVXY (2x leveraged) or TVIX (1x) if you want to play the VIX.

be careful because they aren't meant to be held long term and can burn the fuck out of your money

>>4182958
Anon, I don't understand what is this?

>>4183011
Ah, thanks my man.

>The loli anime poster is back
A true man of culture.

>tfw bought DCIX at 18 and TOPS at 1.15

should I just kms?

>>4183092

You're doing your part anon, some one has to buy the peak for the people who want to cash out high. Thanks for all you've done.

>>4183109

>>4183016
Reverse split, it's a thing that companies do to bring their share price up when they're in danger of delisting. It will usually cause shareholders to take massive losses.

Georgie and the gang made ORIG do a 1 for 9200 split, so every 9200 shares were turned into one share and if you had less than 9200 shares you literally received pocket change as compensation.

The share price shot up to the $600s (but its not real because that's from all the combined shares) and immediately dropped to the mid $20s on open. If you didn't get in on that inital minute rush you would've taken over a 90% loss

>>4183165
Oh well

>>4183199
a reverse split is why DCIX shot up today. it will probably drop 50-60% over the next week

>>4183216

>>4183216
I’m going to be physically sick

>>4183420
>>4183232
welcome to the stock market. maybe learn up a little before you go buying shit you know nothing about.

>>4183420
HAHAHA LMAOO

>>4183440
put that poor wojak out of its misery it looks like its suffering :(

>>4183512
Guys I sold all my bags and lost all my cash ama

>>4183538
>my cash
it's georgie's cash now

nothing personnel kid

>>4183092

>>4183092
Think of surfing. Gotta get the start of the wave and ride it to the top, if you try to just hop on the top of the wave and start riding you need to visit a mental hospital.

Bought 13 shares of priceline, please go to 2300 monday