/biz/ - Business & Finance

$10~ seems like a decent price for this AMD stuff, if anybody wants to swing it. Personally this fucking stock has burned me enough times for me to want to remove it from my fucking watch list, but seems like it's got some support here.

Good support for AMD near $0.

>>4963852

You think this gap is going to continue more downward action? Oh yeah they were fucking the consumers weren't they. Get some long puts on these fuckers.

I prefer zero resistance investments, anyway.

RAD?

Who got shkreli-ed and is bagholding ONCE ?

>>4963955

here we go!

Energy drinks baby! FET ftw!

>>4963955
>Debt to equity ratio: 9.74

Good luck.

XXII starting its move

Amrs

What's a fresh meme to look at? I've tried to do this before, where I look at a new chart and try to make a strategy for buying and selling.

>>4964376
>Entire market is in the green
>"My stock is up, guys!"

>>4964441
Shut the fuck up. Stop ruining these threads

Let's go RAD? Sold AMRS for this.

>>4964450
I'm talking about more than just today famalam

>>4964504

Selling something awesome to buy a company that's got more room to fall? Are you a masochist or something anon?

IDXG

>>4963742
Thanks for the heads up Anon, this was a good tip

PXS is about to hit it’s support

>>4964549

This meme looks like shit, do we need to go over dilution again?

>>4964450
>Up 10% on Friday
>"Normal market behavior"

>>4963742
I'm fucking done with AMD. Would rather buy 1000 stocks of NVDA before I even begin to think about AMD again

>>4964608

Sell a spread baby!

>>4964608
Buy high sell low

what's more likely, RAD going out of business or being bought?

>>4964699
yes

PXS bros

Robinhood nearly killed me today. Logged in to see -$5k for the day and almost had a heart attack. Now it's just oscillating between -$5k and +5k.
Is it shitting out for anyone else or was this a targeted assassination attempt by the robinhood dev team?

>>4964735
Same here. It keeps jumping from 125 to 140 then down to 111. Glad to know that it’s not just me

Someone short UNIT, I want some more.

>>4964504
Hope you didn't sell AMRS last week, exploding today. That's what happens when you listen to biz

>>4964775
Exploding how? It jumped up like .10 USD

>>4964697
way ahead of you

>>4964790
Quality math.

>>4964730

You got a lot of people trapped at like 6 and 7 dollars or higher. I don't see this thing running past those resistances soon, but if you can get in for like 4.50 4.25, you might be able to make some money on it.

>>4964775
TO THE MOOOOOOOOOON

>>4964814
Am I missing something?

>>4964790

It's like the NYC Port Authority!

>>4964822
Got a bundle of them at 4.85 last week. It’s not a huge profit, but it is significant

If you're not in XXII Rn you're missing out

Is no one going to talk about the fed meeting announcing rate hike tomorrow or the next day?

>>4964901
Nice one

>>4964919

No they can't raise the rates, if they do that, we're just going to take all our capital and move it into these crypto-currencies and trade equities with bitcoin!

"Let's raise this shit, YEAH BOIII" - Janet Yellen, probably

My account value on robinhood is jumping up and down $1000 for no reason. Anyone experience a bug like this before? Afraid to enter a new position if I am going to get margin called due to a fucking bug in the app.

>>4964918
>Buying at daily high

No thanks

>>4964919
priced in the fed is so scared of the markets they telegraph any move 3 years in advance

>>4964989
Like an hour after market opens and its the daily high? Yeah ok

Who here /TSX/?

AMRS!

AMRS nay sayers getting BTFO!

What stock should I buy today to increase my stack in 7 days? I’m newbie only traded cryptos

>>4965101
XXII
DXR hold 2 months
DRYS
DXTR
NMM

>>4965101
AMD or DRYS

>>4965126
>>4965129

Ok cool I’ll check these out thanks

>>4965101
why? are you afraid your 1d coins fall apart?

Jokes aside I want to fucking thank the guys who brought AMRS up and who argued it's merrits

I'm the one who said they'd be buying 16k worth with the dip on Friday.

>>4965154

Not at all no coiner faggot, looking to diversify and increase my gains is all

>>4965186
good luck then.

>>4965213
Ty

BTL and RHT on the tsx venture

Two small cap stocks that have gigantic upside in the near term.

to the anon who got me to sell my AMRS last week... WTF.. :( :( :( :( :( :( :(

why I got weak hands?? FML, no wonder i keep losing $.

I need a happy version of this image for me rn.

>>4965283

Why did you post that?!? We're going to get fucked now.

>>4965283
I think it has a smug pepe wearing the hate, last I saw was an Nvidia one.

so how do i determine entries? is TA a meme? as far as i can tell there is literally no way to consistently make money aside from insider info

What the fuck is new with amrs? All my shit has no fresh news since November and all of a sudden they launch a mission to space?!?!?

>>4965277

I don't know man, they were trying to create FUD to get you to give them your bags for less money. This company is worth a good 5.50 6 bucks next year.

Hope all you AMRS holders take gains soon, this SA article won't prop it up long without earnings or PR straight from company.

Every spike will be met with a sell off..

>>4965391

Meme lines dude. I told you all last week this thing had buy written all over it.

>>4965413
I'm still with some of these other fags, going long with this one.

Good morning /rgt/. Managed to pick up some Future Farm Tech stock at a nice discount right around support level (0.45) just now. I've been watching Inmed Pharmaceuticals the past couple days as it is overbought and, i think, headed for correction. Up 18% (1.07) last i checked. Thinking it should dip to low 80's/high 70's this week. Another pharma startup, Supreme Pharma (FIRE) is flat coming off a brief high last week. Watching that one very closely to see wtf it's going to do. If it dips significantly i am throwing 20% of my portfolio at it.

All of my other stuff is holding flat or up some so overall looking good.

>>4965049

Yep. All of my current stocks are on the tsx or the venture exchange.

>>4965439
>Meme lines dude. I told you all last week this thing had buy written all over it.
yeah because you knew an SA article would come out over the weekend.

There are no real big buyers in it, only retail, check out the trade sizes.

>>4965495

My meme lines predict binary events all the fucking time dude!

>>4965366

Just eyeball the monthly and weekly charts. Look for the resistance level (peak the stock has difficulty breaking above) and support level (general price it settles to after dropping). When price is near or at or below support, double check RSI to confirm the number is low, preferably under 30, and if it is then you enter right there.

Support, resistance, and trend over a couple weeks or a month+, whether trending up, down, or flat, are the main things you should be watching out for.

>>4965027
I’ve been watching these meme stocks long enough to know that these hype trains very often stop at open then crash.

XXII is also prime backholder stock

>>4965575
>up 10% Friday
>up 5% today
>returning from 2.08 since dipping at 3.50
Ok whatever

>>4963886
i want to short amd but im scared. everyone always says how scary shorting things is. but i know as a company they are absolutely fucked. and when was the last time they bounced up anyways?

fuck it. im shorting em

>>4965619
>Dipping

It crashes because it’s a shit company lmao. Keep looking at numbers, and stock history without looking at why those numbers are the way they are. I’m sure it will work out for you.

You should buy the DRYS dip. Look at what that stock was a year ago!

>>4965631

I don't know man, what if they re-brand them selves as a block chain service provider? They'll go to the moon. Nah, who am I kidding, their products are inferior, but seriously if they re-brand tomorrow as a block chain company they'll moon like 50% and your going to have to eat your shorts.

>>4965631

I'm thinking of doing a bull put spread on them, and if the trade goes south, I'll just rebuy the short position and hopefully make something on the long put.

>>4965668
>21% increase in a week
>the numbers don't matter!
How about giving me real objective reasons why you don't think it's good

>>4965439
Fibonacci lines

>>4965676
>>4965703
yeah im gonna wait for them to "rally" then short em. and your right with my luck, they would become a magical blockchain stock overnight and make me pay for everyone elses lambos

>>4965171
Wew premature screen cap, more like 2k now

This AMRS moon mission is going to pay for this Saturday's cocaine binge. I fucking love this shit.

>>4965711
It’s consistently below its EPS, it dropped like 80% in October. It’s extremely volatile, and today especially the volume is low which means it won’t moon anytime soon

>>4965842
so you are cashing out this week? You aren't holding till 2019?

>>4965864
I'm still up :^)

Holy. Fucking. Shit.

Everyone look at this.
The entire DD argument last week over AMRS and this article gets posted yesterday.

All of /biz/ needs to come together and make this stock fucking fly.
If we got even close to on the same page we'd be ricc

https://seekingalpha.com/article/4130874-amyris-solves-cash-woes-dsm-deal-track-2019-profitability

>>4965842
When are you selling AMRS? Where is resistance

>>4965963
short interest isn't even that high.

O/S count went from 42m to over 43m over the weekend. Dilution.

>>4965842
>>4965873
No offense guys, I wouldn't sell amrs for the next 2 years for double my investment right now.
This is getting into Microsoft early.

>>4966035
>This is getting into Microsoft early.

>>4965963
ill scalp it
thats the best i can give you

Who's the asshole that shilled RICK?

I don't understand the AMRS meme. Is it like the DRYS meme?

>>4966175
MORTY HEY MORTY I TURNED MY SELF INTO A BAG MORTY

hey remember when I told you to buy TEVA at 11.50 and you responded "with jews you always lose"

:^))))

have a good day friends

>>4966220
not much to understand, they do synthetic biology and are projected to become a multi billion dollar company with in a few years, after many bet on them to go bankrupt.

tldr.
its cheap as all hell and projected to fly forever.
as someone who has been in the market for a long time, its the most attractive by I have Ever seen. (long term, hold for 1 to 5 years at least)

>>4966245

Hanukkah starts tomorrow friend.

>installed robinhood yesterday
>too scared to actually buy anything now
It feels like most stocks are high risk low reward and I might as well stick to crypto.
Even dank weed stocks are probably overvalued and could tank if those companies' earnings don't end up meeting expectations.
With shitcoins its easy to find something that will pump and nobody even tries to objectively measure their value.

>>4966268
This.
It's less of a biz meme and more of a serious buy though.

>>4964441
Get.
On.
In.

Ooh. My weed vape penny stock, Namaste, is starting to behave like a big boy company. Nice steady rising. I have been swing trading it since it was 45 cents (98 cents now) but now it's looking like this may graduate to long hold status in future.

>>4965963
thanks anon, make me have faith in AMRS again.

>>4966310
Shit post

>>4966310
>too scared to invest in stocks
>fine with investing in memecoins

I can assure you that every stock with a market cap of > 100 million is lower risk lower reward than your favorite shitcoin. The reason is because we have a reasonable idea of what the company will produce and what its product will be worth. In contrast, almost every "coin" out there is useless as a currency and no one really has a clear picture about the future of cryptocurrency.

>>4966504
>I can assure you that every stock with a market cap of > 100 million is lower risk lower reward than your favorite shitcoin.
plus there is alot of money from hedge funds and investment banks that don't invest in shit coins but will invest in stocks for their clients so there is a higher chance of big money pouring into one of your stock holdings than pouring into a shit coin.... atleast for now

>>4965963

Wait I thought our analysis last week put these guys at a 200x gainer, what's this $22 per share shit? We need at least $700 per share!

First

>ITT

AMRS General

Anyone in HUSA?

>>4966555
Lol that's just true value, not market hype value mixed with a big time short squeeze.

>>4966581

sure looks like it
>>4965171
>>4965963

>>4966504
>>4966545
OK I guess I'll start with AMRS.

>>4966613
another one

>>4966310
Weed stocks, at least as far as the Canadian ones i deal with ate concerned, are largely undervalued relative to the market potential. Politicians here have been fuding the sector, way underestimating the sales figures. I've heard dumb quotes like "everyone who wants to use marijuana already does", and estimating the legal market to be about the same as the current black market in terms of revenue. It's absurd to think black market estimates are anything close to the potential when it's legal and you can buy it over the counter from any number of shops while out doing errands, not to mention online with a credit card.

holy shit NMM is moving, it might break the 2.20

AMRS is a gud buy hehe 300002.2394.2444.0x10^10000000 bazillun trillon guzillion industty guis durrrrrrrrrrrr

>>4966270
yeah happy hanukkah m8

>>4966245
p.s. wanted to add I sold my TEVA today in case you guys were about to hop in based on my post or something

it probably really belongs at $11 like morgan stanley says until they get their debt sorted

>>4966682
And also, mj users are LAZY. Why would you go out of your way to buy from some dealer dude bro man when you can buy nice quality controlled product straight from a store? No. This business will be big money.

>>4966584
>There are still HUSAfags who haven't roped themselves.

>>4966788
I-it's gonna go to the moon...
My dad works for the economy he told me so

Ahh yes, the whole portfolio is green and my president is expected to announce that we're going to go to the moon.

AMD, IDXG, UGAZ

Picks

NMM ramping up

Anyone else swing trading NAK for eazy gainz?

Wait I thought the pebble project wasn't economically feasible and nobody wants to partner with them because they don't even have a mine?

>>4966985
I'm trying to decide how long to hodl.
Price target?

>>4967024

$191.00 per share

>>4966985
bought some on friday my man feeling comfy

>>4966684
>>4966956
feels good mayne

>>4966985
>>4967054
i've been hanging onto NAK since $1.60/share, currently up 25% on it

>>4967117
look at NMM float, it used to be around 142m and now it's at 116m they have been taking shares out of circulation, complete opposite of dilution..

NMM about to go to $3 easy then make a run to $5

Screen cap this

>>4967117
nice trade bro im hoping gets up to 2.3 again

>>4967024
You'll have to figure out the hodl on your own as I don't have a clue how long the wait might be. I'm up about 18% total on two swings in the past two weeks. Seems like easy money.

AMRS is dipping

>>4967271
you mean dumping after pumping?

>tfw you realize low beta investments give higher returns

http://pages.stern.nyu.edu/~lpederse/papers/BettingAgainstBeta.pdf

>>4967271
It was literally only up about 2-3% from when it was shilled about 2-3 weeks ago
The "gains" were mostly making their initial investment back holding their bags

My favorite type of rgt memes, holding for 3 weeks for 1% gain

>>4967446
Made good return on that swing

>>4967446

I once hodled a trash stock for 8 months to break even. I was jumping with joy the day i sold it as i figured it had maybe 30% shot of going bankrupt.

>>4963522
ummhmmmm

>>4967402

AMRS gibs more highest returms

>>4967153
Proof?

SSC lifting off into the seven stars.

My nigga Watson is up a dollar per share from when I bought it.

>>4967271
>>4967271
Wew not much of a dip, looks like that buying pressure is too high, could be another run starting.
Thank you based amrs shillers.
I won't stop buying.

>>4967694

>chink stock with a DRYSchart

nice try, asshole

>>4967684
i don't have screen shot from before but the float was around 142m and the o/s was around 145m

according to finviz.

they are playing with it

Well Drys is a container ship company, I would hope they can float.

>>4964730
This. Picked up at $4 last week, and expecting to clear $6-7 eventually. Pick up and hold

http://share.robinhood.com/nicholc1484

>>4968145

fuck off david!

>think about buying a stock
>check its price, its been going down for years
>fuck_that_shit.jpg

>think about buying a stock
>check its price its been going up for years
>too_late_for_gains.jpg

help

>>4968145
Fuck off david

>>4968145
Sent ;)

>>4968243
Obviously that way of thinking doesn't work.

Peep that sexy NBEV chart, anons. I started accumulating last week. Not too late~

After tax cuts we're going to move to infrastructure right? What are some good plays on this one for next year?

Two words: regional banks

>>4968320
fair enough, but so far everything I HAVE bought (except GOOGL) has beat the S&P500

>>4968372

>cut taxes
>lets spend money guys

jebus bless Ronald Drumpf!

>>4965575
How's that hype train crash going you fucking faggot

>>4968421
its free money though ;^)
http://money.cnn.com/2016/08/02/investing/donald-trump-stock-market/index.html

>>4968332
My man

>>4964608
nvda made me 1k before the tech sell-off but I would not invest again because one wrong move from nvidia and it will crash because the stock is overvalued.

CERU my nigga

>>4968332
> http://newagebev.com/?page_id=15
> coconut water
> kombucha juice
> probiotic water

what is this faggot shit

>>4968760
no

>>4963522
I told everyone to load up on xxii at 2.00. Wasnt shitting. ARCI to 1.70 is my next moon mission. Target is end of the month. Moves slow as fuck but day to day but runs 30-80% when it does. Big news coming.

>>4968332

I took your analysis a step further

BEARISH

is AMD going to go bankrupt

>>4968839
what about MFIN?

>>4968332
ill buy some anon

>>4968876
they have negative 8 billion in retained earnings. highly unlikely that a company which has done nothing but lose money for this long will actually become profitable.

NMM is going for it!!!

>>4968332

I'm only investing in one beverage company at a time, and right now FET is that company.

>>4968951
hey what do you think of MFIN?

>>4968951

Mommy will make it all better.

>>4966382

Fuck slow and steady it looks like we're pumping today. Last time Namaste did this it went up 56% before the dump.

>>4968902
no.

How do I invest in these bitcoin future things?

>>4969072

CBOE and CME

CBOE launched their exchange last night and CME will launch their exchange at the end of this week.

>>4969070
why not?

>>4969117
oh no someone was negative about my stock one may as well be salty about it for ever
have a (you)

>>4969007
>not investing in FIZZ when their CEO writes press releases like this

http://files.shareholder.com/downloads/FIZ/5426012772x0x960237/309DD85F-D67B-4A18-B59F-0DE4E180BF17/FIZZ_News_2017_10_19_General_Releases.pdf

FIZZ GROWS STRONGER !!!

>>4969156
im salty about you.. being a faggot.

You rarely ever post anything of actual use and you bash on peoples stock picks ALL THE TIME.

you are a horrible tripfag and have been, you have never ever made people money in here only lost people money.

One day you will realize you are a complete idiot that shits up the thread about 80% of the time.

>>4969072

Interactive Brokers is all over it.

http://www.businesswire.com/news/home/20171211005806/en/

Anyone watching MARA.

>>4969287
no but I am now

>>4969224
sounds like you care a litle too much. none of this matters u know right

>>4969365
it matters because you are a faggot, always have been. you never actually do any good in these threads. EVER!

I don't know why you think you are so high and mighty when you never actually do anything, like at all.

>>4969158
>If you have the opinion that I, Nick A. Caporella, am angrily exercised while extremely fortunate to be guiding FIZZ, your opinion is quite accurate!

Seriously, how is /biz/ not all over this company?

>>4969444
ur fucking retarded. this is 4chan. 99% of the people who are here come here to shitpost and not give a shit.

>>4969365
Damn, what did you do? Fuck his girlfriend?

>>4969444
buy AMD

>>4969504
yeah but you shit post with a trip on..... that is the difference between you and other shit posters.

It is like you want to be known for shit posting

>>4969547
you must not have been itt long. Majority of his post is just shit post with the same pictures and then he just bash on peoples stocks. ALL THE TIME. It is getting old and we all know who he is because he has a trip on.

>>4969587

Wanna bet I've been here longer than you?

>>4969587
i went on stocktwits for an entire winter making fun of fagots that were investing in ugaz until they all blocked me. i simply just do not care lmao

>>4969062
Oh wait maybe not. Maybe Namaste is going to behave today. I would prefer it to settle in between 1.00 and 1.05 before close, then set up for more upward momentum tomorrow or Wednesday. More consolidation and stable growth. Less roller coaster.

>>4969660

So, you won't be losing sleep because anon called you names?

>>4969660
thats why you are a faggot though and that is my point.

>>4969644
i really don't care how long you've been here but i've been in for close to 2 years

Why is XXII mooning today?

>>4969722
Truthfully, it is you who is fucking up the thread. If your sensibilities are offended here, why not create your own daily thread for "serious" investors. I hear reddit is nice.

>>4969762
because i sold it a week ago

>>4969801
>Truthfully, it is you who is fucking up the thread.
why are you even talking to me? how about you buzz off faggot? no need to reply

Hoyl shit gold and silver are getting rekt

So nobody has any infrastructure picks? I'm trying to build a new watch list, so we can swing some fresh memes. Some of these memes get stale, so having more charts to look at can be good.

I'm thinking Capitillar and Kinder Morgan

>>4967811
40% gain on the day, stay poor pepe fag

Should I buy Fannie mae / freddie mac shit? whats the range on this garbage

>>4969762
http://www.zerohedge.com/news/2017-12-08/visualizing-science-behind-medical-potential-cannabis

>>4969287
300% feels so good my man

>>4969959
Kinder Morgan was my meme of the day

Also fda about to regulate nicotine levels in vape etc

>>4969945
no, shit. gold and silver dont pay dividends. literally the bitcoin of the physical world

>>4969930
>why are you even talking to me?

It's not obvious?

>>4969959
ibio..

>>4970088
bitcoin forks can be like dividends

>>4970043

Looks like a good long term hodl. I mean it's run too much the past few days to buy at this price, after a little correction I might be able to get in later this week, or next week. I want to get into some concrete, steel, and asphault shit. We're making America's roads great again.

>>4970193
>hodl
What's the origin of this meme?

BTW I called this BTC bump last Friday for anyone paying attention. OSTK, RIOT, MARA, SRAX, SSC

>>4970207
https://bitcointalk.org/index.php?topic=375643.0

>>4969959
I'm in Brookfield Infrastructure Partners, but it has global interests and it's a long term hodl for me.

>>4970246
Thanks m8.

>>4970193
you think there will be a substantial pull back or do you think it'll climb to $20 range before consolidating?

>>4970239
TEUM too, keep an eye on her

>>4970314
catalyst for TEUM?

>>4969959
>CAT

Buy high sell low!

I don't know what to invest in! I don't even know how to find out what to invest in! Someone help please

>>4970267

I mean just looking at the daily and hourly candles, it seems really over bought, I mean it looks like this $18 support line could be re-established, but i wouldn't be surpised if this corrects back to $17.75 or $17.60s before it continues on this final upward wave before we get the ABC correction probably starts around earnings. I'll probably see if I can get in for that, and then exit and open a straddle position around the time earnings are coming due.

>>4970334
100's of millions in contract revenue and blockchain excitement.

>>4970433
all in on Colgate baby. personal hygiene taking us to da moon

Brush your teeth!

>>4970482
no way dude when the sheeple finally wake up and realize the government is putting fluoride in the toothpaste it's all over for them

>>4970610
>thinking the sheeple can ever wake up
the fluoride has already calcified their brains profits are locked in the reptiles have made sure of that

>>4963522
CBIO

>>4970433
if you really have no idea what to buy there's nothing wrong with buying everything. start off with a comfy s&p500 index fund, VOO is nice and has low management fees. if you buy soon you'll get a dividend too, about $1.20 per share

about 30% of my money's in VOO fund its comfy and have had great gains since drumpf took office

>>4966175
A bad day or two and I'm an asshole now? Thanks man

>>4967694
SSC is literally the epitome of a chink scam compnay

They change their business model to whatever is hot in the market. When Netflix was mooning last summer they were all out streaming, when VERI popped they were all about AI and the cloud, now they're "blockchain" now that BTC has taken off.

Don't give those faggots money

>>4971272
Buy high sell low, you sound like your ass got blasted and you gave in to your weak baby hands.

>>4970433
How old are you, how much money do you have to invest, how much money total, how much risk can you handle, what is your investing timeframe and what are your goals?

natgas is collapsing again

>>4971374
Everything I said was true you autist. Do some DD and you'll see they're a shady as fuck company.

They even used to sell kiddy scooters at one point lol.

Just added US Steel (X) and Vulcan Materials (VMC) to go along with CAT and KMI for our infrastructure swinging next year.

>>4971374

I feel bad for the guy that sold his AMRS on Friday.

>>4966682
Unfortunately you cant invest in them on robinhood

>>4967719
Tfw CRBP
knew i should've put those minor gains into Watson

>>4971741
Yes i know. You can through a normal US brokerage though.

What should I do with SQ? It's been hovering up and down my buy in at $38.25 for the past week. Sometimes randomly popping to $39ish and dropping again

I was getting ready to sell for a tiny loss today and now it popped back up above my buy in

What do, I'm afraid it'll moon once I sell it but I'm also taking a big opportunity cost holding it because I have 5k on it and I'm a poorfag

>>4972277
Get Interactive brokers, it's the second bedt behind robinhood. Like a $1 a trade with all the features of a real broker

Im trying to sign up cause I want to buy some weed stocks, but it looks like robin hood is only for USA ? Is that right? I'm in the EU , it doesn't list any EU bank in the funding section

>>4972551
Yes, US only sorry anon. But many people here use non-robinhood brokers!

Good news for weed today. The federal government has reached an agreement with the provinces regarding tax on marijuana sales. Meaning, essentially, the provinces are all officially on board.

There was some fud from a Conservative senator suggesting he and the other conservatives would attempt to delay legalization. Unfortunately for them, they don't have enough people. Trudeau has space to appoint 11 additional senators sympathetic to the cause at any time. Canada's senate is by PM appointment, which is bullshit but that's the system we've got and it's beneficial in this case.

2018 legal still on schedule.

>>4972551
Amerifats only

Use this code when you find a way to sign up:

http://share.robinhood.com/davida282

>>4972745
david pls stop this

>>4972737
I'm amazed how much effort is going into lmao legalization of all things.

>>4972729
>>4972745
Damn. Yes I've been looking at lynx as a broker, guess I'll have to go with them. Anyone else got any recommendations for other euro brokers?

I have a roth tsp account through the military. i.comtribute 20% of my base pay to it. But I'm pretty frugal. I have 30k saved up and I'm not sure what to do with it. currently it's just sittikng in my savings account. I want to keep between 10 and 20k liquid for emergencies. But that leaves me with 10k that I'm not sure what to do with.

>>4971377
26 years old, I have $20k life savings, I want investments I can feel confident about, and I want to be a millionaire by the time I'm 40. Of course I plan to add more to my investments over time, I won't only use $20k forever.

>>4972866
Yeah, turns out the Canadian electorate likes their ganja. Trudeau ran for office partly on a promise he would legalize, which was considered at least a bit risky at the time. He won easily. Polls before and after that election show majority in favor of legalization. Companies started in on building the sector, money flooded in, politicians who didn't like the smell of weed most certainly liked the smell of money, and so that's the situation as it stands. Real resistance is minimal, just some fud and some heel dragging by boomers.

>>4971377
>>4972970
checkout the vanguard target retirement funds. You pick a year you want to invest in and the fund slowly gets more conservative as you approach that year. the expense ratio is a little high compared to more basic funds (if 0.16% can be considered high, but VOO has a .04% ratio for comparison) but its a very comfy portfolio. if you'd like less risk -- the fund runs 85% stocks right now -- look for a fund with a higher percentage of bonds.

and if you want to have fun betting on stocks (trust me it is fun), throw 1k into robinhood and lose all your money with the rest of /biz/

>>4973382
>You pick a year you want to invest in
I mean "retire in".

>>4969959
I'm up 33% on X so far (muh steel). Shame my principal was only $120 or so. (Gotta diversify... Thanks gainlets.)

>>4970433
Brainlets should stick to indexes and ETFs.

I read up on why RICK dropped. Apparently they may have to delay their earnings release due to hurricane Harvey.

At first it sounded like bullshit to me to cover up for bad earnings, but they're actually based in Houston and their HQ was closed for two weeks or so from the hurricane so their accounting is behind.

AMRS nigga!

cnbc ive been thinking about if its a good idea to get rid of my traditional stocks to purchase .5 bitcoins @sandeepsingh
jesus fucking christ

held AMD from $1.70 to 14$, should I just drop it at this point, seems like its crawling to death.

>>4975821
honestly probably time to take your mad profits and be happy

First

>>4975821
>buys at all time low
>needs advice on when to sell literally a year and a half later after hitting that all time low
Kys

>>4966245
I'm buying TEVA because they make my anti-depressants.

Is that sad?

>ywn perform the mating press on dynashill as he autistically screeches
Feels bad man

AAAAAAAAAAAAAAAAAaaaa

>>4976206
I only bought at an all time low because /biz/ told me to.
>>4975942
I want more if possible.

>>4977099
:(

This is why we need to allocate more to Mathematical Tulips.

>>4977293
>Mathematical Tulips

priceless

>>4976369
It won't be if you're taking your antidepressants.

>>4977293
You deserve another (You).

>>4963522
>www.robinhood.com
yo get your shit together guys and expand to germany, otherwise i can't use it :)
love the idea of having the best product!

>>4963522

>>4977603
i want to short BTC so bad but I feel like when i do it'll pop to 100k or some shit

it's rise in the past few months has been retarded. i could understand a few hundred for it but not $10k. gtfo

>>4977993
I actually like crypto btw (and I think AMD is nice company too, kek), mainly cuz I focus a lot on central bank activity/basic macroeconomics.

>>4978090
I also like the precious metals too, but gotta short it every now and then

>>4977993
I witnessed the dotcom boom. The similarities are eerie. Normies piling USD into worthless ideas simply for fear of missing out on something they don't understand. There will be many tears when it all evaporates.

>>4978193
Trust me, I have no delusion that the "whales" who got involved earlier this year, and people now buying, give any fucks about public blockchains/decentralization. This lends bitcoin to turning into a bubble, but I believe this is something governments/developing countries will have to start paying attention to.

>>4978193
based on how small bitcoin market cap, I think it'll be more like the beanie baby crash. a few will get rich, many will get burned but the rest of us will keep chugging on

Buy puts on MARA, RIOT, GROW, and XNET and hedge by buy bitcoin.

>>4978312
>bitcoin as a hedge
lmao that monopoly money will be the first to go in an economic downturn.

>>4978349
If bitcoin crashes so do all the stocks I mentioned that are hyped up because of bitcoin. They're all horribly over-valued and that's why bitcoin is a hedge. If bitcoin crashes you'll make more money on the puts than you lose on bitcoin itself.

>>4978312
nah. I dont understand bitcoin markets and I dont invest in markets I dont understand. a wise man one said "the market can remain irrational longer than you can remain solvent"

if I was to do anything in bitcoin it would be cash and cary arbitrage on the futures prices but honestly with exchange's track record of getting hacked I'd rather stay out.

poo poo pee pee

>>4978483
MARA is an easy bet because they're going to have to sell a ton of new shares at the start of the year to buy a bitcoin miner. They've gone up like 500% since they made the agreement too so their almost certainly overpaying. If you don't trust the stocks to drop, the put most of it in bitcoin because there's no way their hype is going to survive if bitcoin crashes. Use them to hedge bitcoin rather than bitcoin to hedge them.

>>4978269
The blockchain concept itself is brilliant and will endure in a big way. What is happening right now with bitcoin is pure silliness though.

>>4978736
Why it could continue is

1. Since about late July/early September I suspect larger buyers started moving in, and it doesn't seem to be stopping

2. People, particularly my fellow speculators, may becoming more and more Fed-up (hehe geddit? :) ) with the severe lack of volatility in the blue-chip stock market. This thing goes one direction, and that's up, with some pauses/minimal downward breaks. Crypto is beautiful, in this aspect. And with futures now? Well who knows what could happen.

>>4978893
nah. The price of bitcoin is driven by emotions of other people and there's no way to predict that. It could go up or down, no one knows. At least with roulette I know the odds and with the S&P500 I get a dividend.

>>4979148
I disagree, but you brought a good point about not trusting exchanges. I doubt you're the only one with that sentiment. Will be interesting to see if futures arbitrage does occur to as great an extent in crypto.

>>4979662
I'd guess wall street introduced bitcoin futures for the sole purpose of hedging their arbitrage strategies, to be honest. there's a risk involved but once the profits are high enough its worth it. i suspect lots of people (not me, not /biz/, they're too retarded) will get rich off it it

but for me, its not just losing my money in an exchange collapse I dont trust people dealing in bitcoin at all, they're a bunch of scammers. I wouldnt send any existing exchange my money or personal information

>>4979835
>personal information
You're telling me you DON'T want to send a selfie to Zhiang? Bigot.

>>4963522
CVM finally got a phase 3 trial lol