/biz/ - Business & Finance

This thread is a fake thread. I for one will be boycotting this thread.

>>5597889
What the hell are you taking about?

>>5597954
>>5597678

>>5597889
>>5598051
Learn to check the catalog before making threads

>>5598089
this one was made first, was just pointing out the other one

>>5598089

You know what it takes me more than 5 minutes to make a thread. Fuck you people I'm taking the rest of the year off.

MJX

You guys still have these Bagholder Generals?

lol Pathetic

>>5598210

>>5598210
kek

>>5598277
I bought some yesterday after hours and I'm already up like 5%. Very good shit. I feel like it could run over the coming weeks from all the legalization hype and it being the only way to get into weed stocks on US exchanges without OTC.

>>5598210
Damn relax. You're the one who jumped in with a trip and "boycotts"

what memes am i getting loaded off of today lads?

Is this fun?

>>5598315
OHHHHHH BABY LET ME SLAP MY BIG MEATY (You) ALL OVER YOUR FACE

IT FEELS GOOD AHHHH. SWALLOW MY (You) YOU WHORE OHHHH THATS THE STUFF

>>5598386
Not right now. Everyone's cashing out of Dow stocks to buy Ripple :(

Can square stop bleeding out for no reason already? It's not a memecoin company it has an actual fucking product

>>5598490
The dow is up you autist and only boomers buy that shit.

GLUU

>>5598577
yeah my mistake, it shot to 25k on the open

Volume blowing up in TEUM, all holders get rewarded.

XXII looking gud

XXII fags made it

I sold my UGAZ yesterday cuz I thought that the rise was ridiculous. It is still ridiculous. WTF!

IIPR

>>5598380
Be careful about trying to be a chad-vestor. I was like you and was up like 120% at the end of October and now I'm only up like 50%. I got over confident and got raped

>>5599786
Fair warning, thanks for the advice mate, it's hard to keep your ego out of it sometimes

Hope all of you bought into amrs
Looking spicy

Lots of tasty dips to buy. I'm looking at LMFA and ALT. Anyone know what kind of % return I can expect?

>>5597617
Post a loss? In this market? You must be Down syndrome potatoes!!! Lolrofl

>ALT gun spike tummurow guis
>byeee hiiii, sellll luw

If you guys want free money buy RIOT

>>5599786
I know this feel. It's odd how the market punishes greed.

>>5599923
negative

what's your guys projection for the overall market in 2018?

I say flat to down 5%

>>5600202
I pretty much agree. We might see more than a 5% shave off though.

>>5599994
tell that to my average price $430 CMG shares..
Never again am I dabbling in restaurants. Fuck CMG

>>5600109

No buy ALT. It's gonna spike today like someone said yesterday! He even posted a picture with a bunch of lines on it!

>>5600285
I have no knowledge of the company but the TA says the pumps over and going to 1.82 - 1.63

>>5600246
yeah, just discussing the close of next year

i expect way more intra year volatility

>>5600247
>Restaurants
>Restaurants that had e-coli outbreaks

As a restaurant manager stay away from investing in them.

Can the VIX go down forever?

>>5600490
No kidding. I don’t even know when to get out. I’m real tempted to just sell at the $400 loss I incurred.

FIRE, now officially The Supreme Cannabis Company (formerly Supreme Pharmaceuticals) up 20%ish today. Happy to see this one pull off the brakes and hit the gas.

Aurora Cannabis up about 11% and testing that $10 barrier.

MARA is getting real heavy to hold here. I don't know if I can make it.

I predict /rgt/ will continue losing money.

>>5600202

>>5600716
Set a stop for 3.59, don't sell low

>>5599994
>implying you didnt make any bad plays at all this year
fuck outta here.

If you cut your bags today, you can have them make your gains tax less for this year and just buy something else with the money to make up the loss

Getting ready for another ALT spike~

QIWI on the way to $25

What's the backstory behind the thread cover photo? Nightmare fuel!

>>5600109
>RIOT
That shit is going to crash hard one day
>literally a shitty biotech company that lost most of its value and jumped on the bitcoin bandwagon to pump their stock
>vague descriptions of what they actually do "blockchain, blockchain, blockchain"
>their HQ is a PO box

I don't want to be holding that shit when it hits the fan

I have $4.69 to spend.
What buy?

>>5601335
RAD

>>5600911
I'm really hoping the new years will liberate my hands.

Got in ARCI at $0.97 - do I sell now for tidy gains or sit tight

Your opinions on VGI? Fat dividend.

>>5601292
I agree completely, all these crypto stocks are fundamental jokes but the TA for these pump and dumps are textbook Elliot wave so they are easy to trade with very good R:R ratios. I entered at 28.02 and with a stop loss of 26.99 and target of 36-41 or even up to 46. I'm getting very high ratios of more than 8 to 1 and only a downside potential of 3.7%

>>5601554
Virtus global? I don't see any dividend on Robinhood

>>5601524
No shame in taking profits

>>5601554

Looks good, try ORC and ECC if you like monthly divs.

ORC is a 0.14c divvy under $10 a share right now.

Or ECC, .20c divvy under $19 a share.

>>5601633
http://www.dividend.com/dividend-stocks/financial/closed-end-fund-equity/vgi-virtus-global-multi-sector-inco/

>> 5601735
Actually own ORC already :-)

Here's a bunch of dividend stocks I had copied down. Don't know a thing about them, but ORC is on the list
TICC, PSEC, CLM, ORC, CEFL, CRF, SDIV, STAG, MAIN, SLVO, BIF EXG SPHD

Lmk if you find a winner

>>5601893
I'm a fan of ORC & STAG, I'd like to see MAIN do a little movement. Not familiar with the rest, although I do remember rejecting TICC for some reason last week (I don't know why lol)

>>5601554
It's a split corp that sells capital and hands it out as dividend. Look at its share price over the last 5 years. Down 10 percent when the S&P has doubled since then. Just buy a EAFE etf if you want global multisector.

I focus pretty heavy on dividend growth; here are my larger holdings heading into 2018

Very Heavy - MORL, NRZ, UNIT
Heavy - EPD, OHI
Average - ORC, PBFX, MIC, IRM

Those 9 make up about 70% of my portfolio.

>>5601099

HOW HIGH CAN TEUM GO

M J X
J
X

>>5602119
Thanks a bunch for the info. I'm sure I'll find a winner. One question, why so diversified? Why not just go all in on the stock with the highest %return?

What are we buying for gainz over the weekends bros?

>>5602489
AMD, UGAZ, HMNY, JCP

>>5602473
To get an idea of how the market as a whole is moving?

>>5602590
JCP kek

>>5602473
A lot of those could be prone to individual drops that would really upset my tummy being 100% in. My portfolio is too large to give it all up on one bad call - and I ain't bitchin with nearly 11% yield projected overall.

>>5602489
>>5602590
Don't forget DRYS

>>5601893
CRF CLM UNIT VVR NRZ

ORC dividend probably isn’t sustainable. OAKS may cut their dividend, but for the price worth it. BIF is a safe equity grower, the dividend is small but nice.

>>5602119
IRM has shitty debt. Hook up with CRF, I like it’s holdings over CLM.

BUY THE LINU DIP BOYS

>>5602489
oh yeah, can't forget the worlds premier mineless gold miner, NAK

>>5602651

>yellen on the sail

>>5602688
ORC's dividend payout ratio is only 83%, I'd argue is sustainable - at least for the time being.

Ya, IRM is something I'm looking to ditch on a good pump if I can. That and F, I feel like I'm stuck in them for too long.

Think I'm done for the year.

-The supply is fixed. There's no inflation.

-The current transaction cost for a standard transaction is just 0.00001 XRP.

-The transaction cost is not paid to any party: the XRP is irrevocably destroyed.

-Ripple consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.


-Ripple Labs's share is locked in 55 batches, only one batch can be unlocked per month. It would take them 5 years to unlock them all. This makes their incentives 100% aligned with XRP holders. The company is always working on creating new partnerships and expanding XRP's marketshare.


-Ripple doesn't use proof-of-work anywhere which requires inflation and/or outrageous fees (like Bitcoin)


-Ripple is more decentralized than Bitcoin. With Bitcoin, you have no choice but to trust whoever purchased the most hashing power (currently it's a chinese company called Bitmain). With Ripple, you can run your own validator and setup your own trusted validators list. 10s of non related reputable public and private entities around the world are currently running validators, more keep joining.


-The software is open-source (Stellar was a fork of Ripple).

>>5602808
Go home bot

>>5602688
Fuck, meant VGR.

Oy wey, got $50 left over after buying HMMJ and MJX
What do I buy $50 worth?

>>5603037
kucoin

>>5602808
What does this ripple company produce, exactly?

>>5603070
serious replies only plz

>>5603196
VMIN

How high will BAC+b go up if BAC hits the price of $30.79?
Will it be worthless? Otherwise will I be forced to buy BAC stock in order to get out?

AHHHHHH weed is crashing

>>5603568
I read somewhere it's supposed to go up $1 for every dollar BAC goes over $30.79

>>5603726
That would be very nice.

>>5603751
Also you have until OCT 2018 to either sell your warrants or use them to buy BAC stock. Afterwards they're worthless

>>5603928
Ok cool. I'll bee sure to get out before then.
Unless each BAC goes up crazy

>>5603568
The B warrants allow investors to buy BAC shares at a price of $30.79 on or before October 28, 2018. One warrant gives you the right to buy one share. Once BAC hits 30.79, the warrant value should track the underlying on a one-to-one basis. Exercising the warrant means you will buy a share for 30.79. You can then hodl the share or sell it at a profit. In any case, you will have to have cash (or margin) to buy the shares.

Bought a few DGAZ today, am I going to make it?

>>5604264
I bought MJX yesterday and all my tendies from it today got erased in the span of 5 minutes!

>>5604530
Uuuuhhhhh don't worry, I'm sure it's a long term hold!

300%, r-right guys?

>>5604530
oh no

gold looking like it's topping, dollar index seems to have found some level of support for now

ohhh Pepsico-san I didnt know you could moon like this

>>5602787
How did you do that

>>5605176
peter schiff told me gold is going to 50K by 2019

>>5603583
Yeah it does that. Hold on. Whole sector pumped too hard the last four trading days, over extended, now pull back, which will lead to oversale, which will bounce to the mean, consolidate, and pump again in a couple weeks.

>>5605311
he's just saying that because he bought NAK

>>5605663
Buy the dip?

>>5605277
>.80%
>moon

>>5605663
Nigger, zoom out and look at the 3 month chart.

Anyone else loading up?

Supposedly Amazon is going to buy them soon.

>>5605774
Why stop there Big5Guy?

>>5605663
DELET THIS

>>5605774
Nigger, zoom out and look at the 1 Year chart

>>5605663
My new favorite trip

>>5605940

top kek

>>5605774
>$7.65 down to $6.05 back in September
>At $7.65 right now

Buy XRP. Going 10x when it hits Coinbase next week. Thank yourself later. Buy yourself something nice. Like a lambo.

Keep an eye on FRTA. I'm holding a decent chunk and have great expectations for next year. $18+

>>5605953

Why do they have "GOODS" on a separate sign? Why not just have it all on one sign?

>>5602787

it's literally the last DAY OF THE YEAR, anon

so yeah, you're done

>>5597617
I fucking hate stocks

>>5606031
Yeah, but I'm in at 6.80 on the current run and it feels lovely. You understand the difference between a long-term hold and a swing trade, right?

UVXY over the weekend? SPY looking hella weak but there is a good chance people buy back in for the new tax year. If there is no spike upwards next week you can expect at least a 1-2% down day at least intraday which means like 15-50% UVXY day.

>>5606644
Thinking about it, a panic spike is likely to occur after open and not overnight. Better to use a day trade Tuesday if conditions look good than suffer from natural UVXY decay. Staying on the sidelines for now.

>>5598210
Cry more

>>5598380
41% in three months holy shit my sides. I did that on a bad week with crypto. Wow

>>5602120
Dynashill you forgot your trip you annoying faggot

>>5606644
>>5606160
>shill forgets Id's exist

>>5607160
Are you retarded, I clearly was responding to correct myself. I had an idea but after I posted it I reconsidered. That's why I used the same character in both images. No where did I pretend to be someone else you dipshit.

>>5607160
Weird, it popped up and tagged some random fool meant to reply that to >>5606644
>>5606818

Still holding out hope for ALT during power hour

>>5607212
Look I'm not buying your trapdoor stock alright. Not interested!

>>5601893
Check out MORL, MRRL, BDCL, UNIT, IIPR, GOOD, GLAD, and LAND

PSEC is in the fucky territory, so be careful.

>>5607266
If you don't understand what UVXY is and what it is for, you are probably underage or just mentally so.

where the fuck is big 5 guy and why is BGFV going down

>>5607057

>>5607315
>investing to hopefully make a couple sense over the course of a few days
>not investing in something with a higher return
Who's underage here?

>>5605371

Today's weed sell off may have had a nefarious origin. There's a rumor floating around canadian stock forums that a hedge fund called North shorted the Horizon MJ ETF to the tune of $83 million. That's why almost every ticker in the sector dropped dramatically almost simultaneously two hours ago. Many stocks tripped their single stock circuit breakers due to dramatic fast drops.

A single stock circuit breaker is a market rule that says trade on a stock will be halted if it drops a certain percentage in a certain short period of time. The criteria depends on the exchange the stock is traded on. Small venture stocks have more room to move before tripping the breaker than blue chippies do, for example. Depending on how hard the stock was moving, the halt may be 5-10 minutes or upwards of an hour.

>>5607393
>sense
Fuck phoneposting.

>>5607393
>>5607430
Take a moment to consider the word invest and whether or not it applies to anyone in this general.

>>5607473

>>5607473
>implying it applies to anyone in this board
Someone post the "welcome to /biz/" picture where a guy puts 9000 dollars in a coin he knows nothing about

welp

looks like I wont be making it to 100k in 2017

>>5597617
What coin is this? I get no result when I put in RGT in coinmarketcap search

>>5602473
why so diversified?
because the company might go tits up and cut its dividend or stop paying it all together. Diversifying protects you and your cash flow.

>>5607569

>>5607617
dump it all into ALT quick

>>5602473

Diversifying will save your ass when things go sour for one or more of your investments.

>>5607648
thanks just bought 1000 shares

so what does this company do

>>5607681
something to do with the moon

>>5607730
>AltimMOON INC

>>5607648
ALT actually looks like a good buy

>>5607648
thanks just bought 99k

>>5607853
post pic

>>5607853
please be real and provide a screenshot

>>5607888
>>5607853
actually, he's lying because $99k hasn't been traded in the last three hours

>tfw fell for the BGFV meme

:’(

happy New Years guys

BIG SHOW YOURSELF

Thoughts on UWT? I think this has room to run up to at least $62 (in the USOIL index) to repeat its bull run in 2015. Should make for a nice scalp, no?

>>5607973
I'm sorry you fell for this

As much as it pains me I think I might jump back into TEUM end of day, god damn the gains ive made over this meme

>>5608033
forgot pic

>>5608071
I just got over my blockchain FOMO

>>5608021
>>5608062
>trip
>IDs

anybody holding any of these? thoughts?

>>5608128
You're welcome

>>5607923
Bought because you told me to

>>5608171
Why are you holding NAK?

>>5608207

Keep hope alive my man

>>5608171
NMM and AMD fags are gonna make it

>>5607891
>>5607648
>>5607888
thanks lads made it

>>5608326

>>5608326
:,^)

>>5608275
saw a good opportunity when NAK was in the 1.40's and a few weeks ago I had around $18k worth

After that shitty deal they made I sold about half my position, but still think NAK has huge long term potential because of the $300bil+ of minerals

>>5608326
nigga this is fake. I would have seen the 50k share trade on fidelity active trader. Inspect element is easy to use

HIMX continuing to rise even as the entire market takes a dippy dip. Thanks whoever posted it to remind me it was finally reversing; my entry point was nearly perfect. Only regret is not having put more in it. I make money on this fucker every swing. You cannot name a better stock.

>>5605953
>>5605940
>>5608021
Why the fuck would anyone buy that? This is worse than DRYS because at least that was amusing.

>>5606367
You can make more than your entire portfolio with a few hours at a fucking craigslist gig job raking leaves for some grandma. Use peasant change accounts for learning, not gains. $100 isn't even enough to buy a single share of anything worth having.
What memes were you in?

I just noticed that IB has given me a tab so that I can watch Bloomberg TV on my main TWS trading screen. Cool.

>>5608365
IT'S GONNA GO UP, R-RIGHT GUY$???

So uhhh, what the fuck happened with KOSS? Blockchain memes again?

>>5608516
weeee

>>5608516
HOW THE FUCK DO I CATCH THESE BLOCKCHAIN MEMES BEFORE THEY EXPLODE REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>NAK
$300 billion worth of minerals underground and market cap is only $500 mil market cap
>MNST
Addictive, biggest brand name in energy drinks, huge expansion going on, still in growth phase
>SPEX
Huge spike potential because of their hundreds of patents and sold enough shares during the last spike to delay more dilution for at least a year
>GDX
for when the bitcoin bubble pops
>GLAD
great dividend for consistently profitable company
>PULM
Very early stage, but has unique patented iSPERSE technology that they can license out to other companies and license drugs from other companies. HUGE buyout/bidding war value
>MFIN
great dividend, low debt, will benefit greatly from this tax cut because all of their income is domestic
>BGFV
Good dividend yield & growth. Unreasonably undervalued, short squeeze potential
>X
because trump & tax cut
>NMM
best way to play recovering shipping industry, best fundamentals of any shipping company out there and doesn't scam investors
just try and prove me wrong

>>5608639
I dont think this is blockchain. KOSS seems to be pumping on no news.

Guys, I think one of my stocks just flipped me off this morning.

>>5608895
check this one out

https://www.thesouthafrican.com/james-gubb-created-a-middle-finger-of-financial-trading-art-for-the-guptas/

>>5608895
That's a very clear angry bird signal.

>>5608781
>list every shit stock you can think of

>>5603037
AUY

>>5608781
you need more memes man

so much boomer shit

>>5609414
need some boomer shit to reduce the variance of my memes

>>5609032

At first I thought it was just an imaginary chart. Read article and come to find out no, dude traded specifically to make the pattern. Fantastic.

what are markets gonna be like in 2018? up? down? sideways?

if we have another year like 2015 I may have to kms myself

HUUUUUUUGE NMM buys happening

>>5609722

Up. I think. Trump has been good for the US economy so far.

>>5609995
what if the socalists win the midterms tho

UAA fucking my ass rn send halp plz

>>5610048

Do they have a chance? I don't follow burger politics very closely.

>>5610168
its possible

https://www.politico.com/story/2017/11/15/midterms-republican-incumbents-blue-wave-244952

Got 200 shares of OHRP at a cost basis of $.73...should I dump or hold out hopes that it will jump if it breaks the $2 ceiling?

That's it everybody! Hope everyone made good gains this year and are ready to make 2018 even better.

Can I trade from Canada and join robinhood if I deposit bitcoin? Is there a country walkaround? Proxy?

>>5610759
Wish ya a good one as well man

Here's to another year of tendies

>>5609995
>>5610048
>>5610168
Trump has been good for the stock market, its the same old conservative principles.

The economy on the other hand? nah ah.
the middle class is still going to suffer while the rich get richer, as usual.
and Democrats are going to kill in the midterms, are you nuts?

>>5610896
i thought trump was for the little guy

thats what he told me in his campaign ads

>>5610896
I dunno about that. Every single one of my acquaintances got a better job this year, one of them got their dream job. No one I know, liberal or not, complains about the economy. Just racial justice or Russian conspiracy theories.

But the opinions of coastal folk dont matter. The flyovers will decide the fate of our economy.

>>5611013
>>5611026
Well the economy has been on the up for 8 years, but these new tax laws are going to fuck up the defect and overall fuck the middle class so rich people can keep more money.
Though, i think the way they're selling it is, ct taxes on everyone for 3 years, and throw it all on our credit card thats already 2 trillion over its limit.
and "russian conspiracy theories"?
Dude. You cant afford to be this anti-objective.

Over all, we should make more money on the market as de-regulation occurs and major tax breaks for the rich and rich companies continues.

goyim i....

hope you pussies didn't get scared out of the BGFV today. Easy fucking money, if you are scared of a little pull back, you might not be cut out for the stock market.

HAPPY NEW YEAR!!!!

I ACCIDENTALLY DAYTRADED AGAIN AND GOT LABELED A PATTERN DAYTRADER


WILL DOWNGRADING TO A CASH ACCOUNT REMOVE MY BAN??? FUCK FUCK FUCK

>>5611585
lol

>>5611585
just open more than one broker account and switch off between them when trading

>>5611585
yeah but your funds will take 2 days to settle before you can use them again and you cant switch back

>>5611631
>>5611636
you people are fucking useless
>>5611660
i think im okay with that. This daytrade limit is fucking gay. Are you sure my ban will be lifted if i downgrade?

>>5611585
>stockcucks aren't allowed to daytrade

>>5611272
libs didn't seem to care when 0bummer was racking up trillions of debt. With all the money coming in we won't be adding more debt with the tax plan. The CBO is a bullshit democrat extension.

>>5611843
the day trade rule is for margin accounts

>>5611990
i get that, but by downgrading to a cash account, my account will be unfrozen?

MU here
When does the justening end

>>5612131
it should be. contact robinhood to make sure

>>5611952
haha wow.
Money coming in? to who?

dont make this a big liberal vs conservative thing, but arent conservatives supposed to be against racking up the debt more? isnt that what the tea party was founded off of?

You're silly if you think this helps anyone but rich people.
Grow up guys, Trump used poor dumb people to make more money.

GODDAMNIT. Got overly optimistic and set my profit sell too high.

Is Monday going to be the day that we get back into Tech? NVDA seems to be taking a nice dip

>>5612857
wait until NVDA falls a little more

i fell for the $193 meme earlier this month and ended up bagholding for a few days. i sold yesterday at $197~

>>5611585
don't listen to the idiots in this thread. You have to wait at least 90 days to daytrade now. It has nothing to do with margin or cash account it's federal law

>>5612951
pdt is only for margin accounts. you can day trade as much as you want in a cash account

>>5598210
no one will miss you tripfag. buh bye

>>5612603
>Money coming in? to who?
to the government sweety
we're talking about government deficits right

a tax cut stimulates the economoy and can result in higher tax revenues

>>5613047
this is false

Don't know if you're trolling or just stupid but either way you're misleading people

>>5613208
alot of trolls itt

>>5613085
haha holy shit, the brain wash is real folks.
You actually believe there is a 1% chance of this country actually shortening the deficit with this tax plan?

Dude, listen.
Im sorry you grew up in a house hold where fox news reigned supreme and where obama and hillary were the devil.
But trickle down economics dont work.

>>5613345
This seriously, we are in for big time hurt

im turning into a bear. someone talk out of me going all into jnug.

>>5613208
Whatever. The rules are for margin accounts

Mr. "Faggy dickmonster"

>>5612943
How long do you think it could dip? Seems like this is the end of shit month but I could be wrong

>>5611585

LMAO

>>5612951
wait, 90 days to daytrade? i thought my account was completely frozen??? i can still normally trade? sweet