/biz/ - Business & Finance

>>5272189
FOR FUCKS SAKE IT LOOKS LIKE I BOUGHT IN NEAR ANOTHER ATH DO I SELL BEFORE I GET BONED

NE? thoughts on getting in now? looks like they're bouncing from supports. Do i wait till end of day to buy in?

GXBT is down 3% but GBTC is down, 16% is this a good opportunity to purchase the GBTC at the right price?

>>5272288
GBTC is still trading at a huge premium to BTC

1 share= .10 BTC and is going for $2500~
Buying .10 BTC directly is around $1680

>down $200 today

TTTTTTRRRRRUUUUUUUUUUUUUUUUUUMMMMPPPPP

Does no one in this general understand what UVXY is? Check out the fucking brainlets at the end of the previous thread.
>What do you expect [UVXY] to be at the end of March
?????????????????????????

>>5272469

It's probably going to be around 20 or 30 bucks, but I think it's going to r/s before then.

>>5272189
Rate my portfolio
Opinions? Thoughts? Advice?

>>5272527
you should have few shares of BGFV desu

>>5272527
You have too many positions, you're not going to get too much growth from that many. Cut it down to like 2 or 3

>>5272506
I was quoting someone not asking myself.
Seems fucking silly to me to answer what a decaying etf will be worth in months other than "less than you bought it"

>>5272469
current prices times a decay rate of 20% per month

>>5272603
>You have too many positions, you're not going to get too much growth from that many. Cut it down to like 2 or 3
this
sometimes you gotta cut down a bunch of positions in order to capture the best gains

>>5272627
i am tired of explaining leveraged ETF decay to the newbies

if they want to throw their money at shit without research and understanding thats their problem at this point

a fool and his money etc

>>5272469
FUUUUUUUUUUCK U TRUUUUUUUUUUUUUUUUUMP I BOUGHT 60 SHARES OF UVXY WHEN IT WAS HALF A MILLION EACH NOW ITS BARELY IN DOUBLE DIGITS IMPEACHMENT WHEN

Whole market is garbage today. Just hold through and wait it out.

can someone give me the next big meme?

>>5272810

>>5272851
speak for yourself

im pretty comfy over here sitting in my MU and today is a "bad" day. shits gonna fly in a few days

>>5272862

Still weed. CBD oil. LED indoor growth lights.

>>5272603
>>5272693
I like what I have, plan to just feed more into them

MNST, DFS, STZ I plan to hold onto for 20+ years but idk about AMD, VGR, TPB, IIPR, TGT is def getting sold before or in first quarter

>>5272956
USMJ today is having some manipulation, either it's topped out or it's going to run hard as fuck in the coming days.

Also MYDX might run up to .01 before coming back down

Never realized how many anime girls get posted in this general

>>5272989
>>5272956
Also theres one that im just now starting to add to EVIO they do lab testing on weed for clinics, as marijuana becomes more and more legal testing facilities is going to become more and more in demand. Dispensaries are probably going to have to start testing for molds and fungus, pesticides, THC potency CBD potency and much more testing involved in marijuana

I really think EVIO is going to be one of the biggest marijuana testing labs on the west coast it'll be the DGX of the mj world imo

Is SQ gonna be okay?

Is tech gonna be okay?

>>5272989
>manipulation

Oh, par for the course on the whole weed sector. Half my stocks are on the top 10 most shorted lists for their exchange. The story always plays out the exact same way: stock gets shorted to shit, i average down, weed sector gets massive cash influx from normans because it's an obvious boom in progress, shorts get squeezed, share price goes up even faster than it would have without the short pressure. Every single time.

>>5273086

Anime and gambl- i mean investing go hand in hand.

wtf are there no weed stocks on robinhood?

>>5273125
If you bought sub $20, sure. It's going to crash soon.

And no

>>5273125
tech is a fad

we /stone age/ now

>>5273166
That's what happens when you have weak hands

>>5273166
Guess I shouldn’t be too surprised. This is part of a Mongolian basket weaving image board after all.

>>5273086
we're on 4chan my dude

>>5273125
tech will be fine, it's down at the moment because of end of year profit taking by big money

SQ kinda scares me at the moment, I tired playing the dip a few weeks ago and it was kinda stressful, sold as soon as I broke even again.

>>5273239
>weak hands

Most people do with penny stocks. That's why they're manipulated the most.

Opinions on RAD?

Has this stock seen the bottom already?

>>5273166
the manipulation im talking about is the shifting of bids and ask and dumping the same amount of shares that are on the bid and buying similar amounts at the ask. This shakes people out and lets someone or some people to control the stock.

Manipulation at work to bring stock price up or manipulation at work to hold it there so their buddys can dump. Manipulation is pretty easy to spot with small penny stocks if you watch orderflow and level 2 close enough

either way there is "action" with USMJ right now, just not sure if it's the action that is going to bring it higher or drop it like a fucking hot turd after a trip to mexico

I thought the market was going to go up because we got the taxes cutted. Why are the stocks taking it in the shit funnel?

$SDLP is a huge buy right now

>>5273340
buy the rumor sell the news

>>5273340

Tax loss sell-offs mostly. Seasonal profit taking.

>>5273297
>penny stocks
If you want to lose money just give it to a homeless person

>>5273168
No, but checkout IIPR (Innovative Industrial Properties), But I only own a few shares of it.
>>5272527

>>5273347
why? do you think its gonna form the second shoulder?

>>5273188
>>5273237
>>5273289
I have 15 sh @ 38.45

>>5273442
bump

>>5273466
You fool. Sell and look to reenter.

>>5273442
It's just very undervalued currently, and the dividend that it pays makes it an attractive add to a portfolio.

>>5273420

I use 'penny stocks' in a broader sense than most. When I say penny stocks, I mean in the $1-$2 range.

>>5273596
That's what I'm referring to as well

>>5273596
SEC definition includes anything under $5 a share

>>5273641
Thank you very much brainlet Google is wonderful

>>5273664
Are you calling me a brainlet for using the correct definition of a word?

>>5273564
would you reccomend waiting right before end of the day to buy in? not sure if its gonna fall a bit before the day ends

>>5273696
I'm calling you a brainlet for pointing out the obvious

>>5272189
NETE's fucking me in the ass right now and I can't sell cuz daytrade ban. God I want to fucking shoot myself

buying 100x leverated 1 year t-bills

>>5273741
>>5273596
>>5273627
>When I say penny stocks, I mean in the $1-$2 range.
>That's what I'm referring to as well
??????????????

>>5273742
>daytrade ban
How could you do that to yourself anon, you know better.

Can it be AH trading already? Maybe then the market will do something.

>>5273761
>implying $1-$2 range isn't >$5
Not hard to understand, brainlet

>>5273822
This is what actual autism looks like

>>5273846
>ad hominem
This kills the brainlet

Oh well whatever. You guys are funny.

The dollar stocks I have traded the past two years have done very well for me. It's just a matter of picking out the gems from the pump and dump scammy scams.

>>5273846
This guy is right

>>5273627
>>5273596
>I use 'penny stocks' in a broader sense than most. When I say penny stocks, I mean in the $1-$2 range.
>broader sense
>SEC definition is <5

Semantically the brainlets have been detected. Can we move on now?

>>5273981
the dollar stocks seem to do well for me too whenever i can find a good one, thats why im in GBR, it may dip into the .20s but it's still in a good range

>>5273981
What are you invested in anon?

Abandon ship lemmings. We going down

>>5272535

Personally, I never hold leveraged etfs for longer than about 1-3 hours. They're a tool to make some quick pocket change when you're bored.

Several articles about 4x leveraged etfs are online and everyone against them admit it's a scam to screw over millenials.

>>5273168
INSY is a therapeutic company that has done stuff with weed I think.

>>5273736
Just keep it on your watchlist. It's a good long term hold imo. Expect some fluctuation in price in the future. Make your move when that happens.

>>5274041
t. brainlet

Is RNVA at a good price to buy?

Thoughts on DPW and the ICO talk that has been going around?

>>5272862
Waffles

>>5273817
Probably nothing will happen until the budget is passed.

I think im gonna go in on NE

>>5273545
Its a long term investment

>>5274156
i wish i had money in my other account for that right now its really hitting bottom there, but i've been adding into EVIO all week.. SHIT

>>5274157
ICO's are just to create hype. Blockchain is obviously one of the biggest "investments" right now, but it's only going to create profit short term.

>>5274156
> 0.004 / sh
wtf is this shit?

>>5274261
You bought next to an all time high don't be a fool

>>5274041
>>5273822

>>5274047

My favorite penny stock in my portfolio is Future Farm Technologies Inc. (FFT). Bought in a 0.42 three weeks ago. Currently bouncing between 55-61 cents. I like them because they routinely make acquisitions in both Canada and the US, are starting to get big orders for their LED indoor growth lights, and are generally swell fellows and good business folk (I have called their office for clarification on one deal they made).

whats gonna take off tomorrow? i need a good end of day buy

>>5274561
>whats gonna take off tomorrow?
if we knew that we would all be rich wouldn't we?

>>5274519
How much have you out into them? Or was it only the single .42

Are you MXC yet? 800k float could could possibly triple

>>5274653

Anon pls! I was feeling spendy bought two whole shares. Those 84 cents are worth nearly a buck now!

>>5274561
I'm gambling a few bucks on CVM and RAD

Wish I paid more attention to tax break kinda stocks but whatever

Anyone here holding RIOT?

>>5275122
trash

>>5274519
>>5274775
>called their office about a deal
>owns a little over $1 worth of stock
classic /biz/

>>5274775
COMFY

>>5275213

TYME closing strong hell yea baby

Based af AMRS

>>5275164
>tfw up 300% since October
Stay poor faggot.

Calling a big bump for RAD for earnings!!

Please do not follow my advice

>>5275585

rad delayed earnings till january

>>5275213
in pennystock world it is very common to call and talk to the company.

Seriously, give it a try, find a penny stock under $1 on OTCmarkets.com go to company profile and the contact number most of the time is the CEO. Alot of people do it just to clarify things and also people contact the transfer agents aswell to get updated issued and out info but most people don't know what to do with this info so they don't always call.

There are alot of companies that are trading under $500,000 and are in a more personal relationship with its share holders than bigger exchanges

AIEQ: 0.0%

anon's AI: +2.1%

My robot kicks watson's ass almost every day. Should I start an ETF?

>>5275670
That's unfortunate. I guess January 3rd? I'll just hodl and pray

>>5275705

Yep. It's part of the process of weeding out shitty shell companies from the good ones. If you call up and you get number has been disconnected, ring tone but no answer, or you talk to someone who sounds like a used car salesman, you don't invest in that company.

>>5275759
Yes, just post holdings on biz everyday and we'll follow you

>>5275782
its a shame that OTC stocks get such a bad name when there are some actual gains to be made there. I never really got into stocks much until i got into OTC stocks. I was suprised at how many people do actually call the company up and talk to them. Some companies only have like 10 share holders those shareholders are sometimes important to the company

Also based CHK +4.71% today hehehe

>>5275670
They probably just need more time to count all the profit they made! :^)

>>5275213
Wanna know how I know you're a newfag?

Anymore potential here or was that quick spat up past $100 and back again the signal that this is a bad investment

I’m gonna hold out on NAK, into the new year if necessary

>>5275810
But that's part of the secret sauce. I occasionally throw out a meaty bone here, but they mostly get ignored. For example, I told you dumbasses that CRAY was a strong buy at $18 a month or so ago and I was shat upon.

>>5272261
>the elusive dump n pump

>>5276831

I'm fucking pissed off at NAK, like can't they just hire that kid from gold rush and just get this shit done already?

>>5277109
NAK should just say the pebble mine has bitcoins in it or some shit

>>5276831
I might buy back in when it hits bottom. The partnership news wasn't what I was hoping for, but it does guarantee operating capital for NAK to continue developing the project.

>>5277027
Is it too late to buy in and reap the gains anon?

If I hadn’t saddled up on the three-legged NAK camel, I would have gotten in on LTBR. Definitely recommend abusing its trading range for swinging.

Buy DPW.

sold everything yesterday so i was looking for some stuff to get in on today

couldnt decide so i just picked up some crpyto memes and kos. im up 2% after market so it worked out. If i snag at the end of the day i just grab stuff that ends on what looks like a bit of a deal, but has also had a good week and isnt at resistance. Seems like a good plan

>>5277714
how much higher do you think its gonna go? i was thinking about it today but i feel like ive missed the rocket

>>5277714
tfw was in at .58 and sold at 1.64
always hodl

>>5277822
Same here

>>5277822
No telling how high, crypto mania is unpredictable.

>>5277237
I could have a little more gas. I've seen target prices in the 26-28 range. However, I think the biggest jump has already happened, at least for now.

>>5277748
Better to make one or two really good trades rather than a mixed bag of good and bad ones.

>>5276613

Usually consolidation (flat-ish line) above the base of the peak where the spike originally started is a good sign. I see also that the line is curving up slightly in the past day, also good.

Safe way to address this: wait for more obvious signs on upward trend.

Semi-gambler's way to address this: put half what you want to invest in now, wait for upward trend to put in the other half. Or just yolo right now.

In any case, this a wait-and-see or buy pattern, definitely not a sell pattern.

>>5274561
LFIN

>>5278480
DESIGNATED
https://streamable.com/jpjok

oh my!

Don't forget about $NVFY for your blockchain memestock collection, /rgt/. It is a MUST.