/biz/ - Business & Finance

>13k to invest
>robinhood account
Give me a stock that’s gonna moon bros I want to have 50k or more this time next week.

>>20274479
I am offended, but only because I look like this.

Should i buy EVRI on the open or premarket?

Is it too late to buy EVRI?

>>20274496
IHT

>>20274496
Major Precious Metals

So, puts on W, right?

>>20274496
ttnp go all in and hold onto your underwears

>>20274496
SAVA

>>20274496
LINK

>continue the plan, buy 50,000 shares of SOLO

>dividends
>tankers
>oil stocks
>shorting tesla
>shorting purely because line go up fast
>boomer stocks because "return to ath any time!!!"
what else

>>20274523
>women
>twitter users

>>20274496
>>20274553
SOLO honestly.

asking here because i'm retarded and the other threads over
i lost all my money and only have 600 left can i make it 3-4k in a reasonable amount of time, with constant screentime?

>>20274496
KTOV

>>20274496

Are you me? I broke $14k flipping AMD on friday. Plan to be $30,000 by the end of the year dumping in paychecks.

Plan to hold WMT & MSFT while aggressively flipping AMD, AMZN, and MU. I was shorting tesla but fuck that shit my heart can't take it, I'm still new to this, but I got out making a grand so I'm happy with that.

I really want to dump into Travel, that shit is going to explode once we know this covid shit is over. Till then tech and ecommerce only for me.

>>20274599
See
>>20274583
>>20274553

i went outside of smg for a bit and these absolutely shitbrained donkeys are going ballistic over their ponzicoin of choice going 300% after 4 years, and they are euphoric about it thinking they beat the market. incredible

>>20274615
Why not get a better job. You'd get to 30k faster

>>20274496
And yes this image is real

>>20274471

how much did you lose fren and on what?

>>20274496
Nvidia, Tesla, Xilinx, FLIR, or ARK ETFs.

Someone an idea on AR/VR stocks? Also what is the assessment on WIMI?

>>20274650

I'll probably do that in the near future. I'm getting a lot of new experience and I've been promoted twice in the past 5 years with another promotion most likely coming my way by next year. I'm doing ok for now.

I wish I wasn't so poor in my 20s, I'm early 30s now and I feel like I'm getting into stocks too late, but I didn't really have much money out of college anyways.

Is it possible for someone like Jeff Bezos to sell off most of his shares in order to diversify, but still remain in full control of the company?

>>20274523
>i never understood the pink faces

>>20274765
Kek, its' never to late. Some people don't get in till they're 40 or 50. Yet by age 80 are rolling with fat wads of green. It's all about how much you start with and then having a plan in mind to keep that ball rolling.

>>20274765
iktfbro
Literally me.

>>20274517
No, $12 next week screen cap this

>>20274788
Yeah. Long as they still own 51% of it or hold 51% of the class A voting shares. Aka Facebook. Zuckerburg owns most the voting stock. So Facebook will be ran however Zuckerberg wants it till he dies or steps down. Which considering he's not even 40 could be a long ass time still.

>>20274788
he's the CEO, so he can continue being the CEO as long as the board of directors lets him.
I think
I don't actually know the specifics of the amazon rulership rules

I’m gonna rewatch this movie /smg/, it has been ages

>>20274788
Why would he want to do that?

>>20274849
Just rewatched it the other night. A real classic. Gordon Gekko shitting all over retail traders is too real. "The public throws darts at a board. They're sheep, and sheep get slaughtered."

>>20274849
Stop watching movies. It's a waste of time and life.

Surely your city has some massage parlor for a blowie?

>>20274820
how in the world is a slot machine making bunch of fucks gonna recover this hard when everything is still shut down?

>>20274908
There is a total of 989 casinos in the U.S. 839 have opened up in the U.S since the shutdown.
150 remains closed.

There won’t be a second shutdown.

>>20274896
I already dumped a large load in my gf earlier

>>20274849
is it streaming anywhere? What other good stock movies are there? Gonna do some blow and get pumped for monday.

>>20274703
>ARK ETFs
Isnt there only one that outperforms QQQ?
ARKW or so?

>>20274908

>>20274984
>tfw no gf

>>20274514
Open dip

>>20274519
Wtf is IHT? Looks like some chump penny stock

>>20274496
25% SOXX or /smg/'s current fav TSM for your semiconductor exposure
25% AMD or NVDA or whatever for your tech exposure
50% do whatever the fuck you want, your tech/semi exposure will save your ass long-term if you fuck up on your YOLO

>>20274984
I use Popcorn time. Download for windows and you can torrent movies. I have a vpn that I use, but even without it, it’s not a big deal. High quality definition movies and it has all the new movies plus a huge library. Would recommend

>>20274986
Look at ARKQ and ARKW.
Still solid returns.

Give me the microphone.
Listen up.
I'm sick and tired of all you shills runnin' your mouths.
Every single day you come out here, you make the same damn threads. "Chainlink" this, "stock markets gonna fail" that.
Well guess what I'm gonna do.
I'm gonna take my mouse
(WHAT?)
I'm gonna click on the post number
(WHAT?)
I'm gunna start typing in the reply box
(WHAT?)
I said I'm gunna start typing in the reply box
(WHAT?)
I'm gunna call you a tranny
(WHAT?)
A /bear/fag
(WHAT?)
A chink
(WHAT?)
A pajeet
(WHAT?)
A smooth brain
(WHAT?)
A no good son of a bitch
(WHAT?)
I'm gonna solve that captcha
(WHAT?)
The one with the fire hydrants
(WHAT?)
The one with the stoplights
(WHAT?)
The one with the crosswalks
(WHAT?)
The one with the cars
(WHAT?)
The one with the busses
(WHAT?)
The one with the STOREFRONTS
(WHAT?)
I'm gonna click submit
(WHAT?)
I said I'm gonna click submit
(WHAT?)
I'm gunna endorse Powell
(WHAT?)
Send all you baitin' sons of bitches home
(WHAT?)
I said I'll send you back
(WHAT?)
AND THAT'S THE BOTTOM LINE
(WHAT?)
CUZ STONE COLD SAID SO

>>20275026
Somebody was shilling ARKK.
No good?

>>20275026
Prefer QQQ for options writing desu.

>>20275042

Psst... Hey~! ;D
(surprise ambush hug)
Hellowo /es em ghe/! ȌωȌ
You are good and lovely :3
You have the ability to do anything! ^w^
I wuv you soooo much! x3
*huggles tightly* (＾▽＾(＾▽＾*)

*wuggles*
(wuv + huggles)

Remember to not give up! ᕦ( ˘ᴗ˘ )ᕤ
I'm rooting for you!

-Boops your cheek, nose and your tummy tum tum-

>>20275072
>a guy actually spent time writing this

>>20275103
kek

>>20275042
>>20275072
>>20275103
>>20275107
/biz/ really is the place to be 2020

>>20274496
>Give me a stock that’s gonna moon bros
UAVS is going to be bought by Amazon
GNUS is going to be bought by Disney
MVIS is going to be bought by Microsoft
KTOV is going to be bought by Merck
NNDM is going to be bought by everyone else

Go all in on Chink mystery stocks that will randomly pump 470% premarket for no reason....

>>20275072
what kinds of stocks does a person like this buy

I hate women and minorities

>>20275192
NOOF

>>20275072
>nice loli larp.

>>20275201
>I hate women and subhumans
Yes, everyone does. Stop saying minorities. There are more poos or chinks on the planet than europeans.

>>20275223
Im convinced bugs have a shorter pregnancy or something

>>20275192
NAT

>>20275174
>all pump and dumps now use "purchased by megacorp X" to keep the possibility open of more pump and dumps
Amazing

Uh, so short Wayfair and long missing actresses?

>>20275291
>announcement coming
>big partnership

>>20275072
Based

>>20275313
her kid killed her

>>20275313
>rivera
>the other ones are spelled river and have even sizes
actually a bit spooky

>>20274479
So I went all in on EVRI calls and WFC puts. Am I going to make it bros?

>>20275313
Yeah I’m buying puts on W tomorrow lmao I’ll gamble like $500, the reward is too great

>>20275313
reminder this is some top tier fud by a meme tier group/institution going short on this retard tier overblown stock

>>20275072
I wish I could live in a peaceful romcom anime. Not the cold harsh reality.

>>20275360
I can't wait for EVRI to crash and burn

>>20275460
>he missed out again
ngmi

>>20275174
>GNUS
Uh no. Why would Disney buy them? They'd fork out over double the money now v.s buying when the company's stock was still pennies. Before people bring up "Stan Lee", there's a big hole in this logic. Namely Spider man. Disney don't own that property, Sony does. If uniting all Stan Lee stuff was the goal Spider man would be first on the list after the marvel acquisition I'd think. Also I'm pretty sure Disney could've bought the Stan Lee stuff before GNUS got it if they wanted it.

>>20275465
Screenshoting this, posting it in a week. Your going to feel like a chad then trust me.

>>20275363
Yes, tomorrow, Monday, the 13th.

>>20275460
I CanT WaIT FoR EvRi To CraSh AnD BuRn

>>20274908
people don't give a fuck.. unless the casinos explicitly close down and refuse to open to people, old degenerate people with nothing to live for that are getting security checks every month are going to go gamble it away on slots and cigarettes. EVRI not only sells the gambling machines but is going with electronic payment methods and now that cash is banned it's going to skyrocket.

>>20275524
I FUCKING HATE WEEKENDS I JUST WANT TO TRADE! FUCK!

I can't shake the feeling that I'm going to wake up on Monday and see TSLA near 2000.

>>20275546
I prefer the discourse that I read on the weekends TBQH

>>20275441
On second thought you are probably right about this one specifically. But the one with the cabinets still gives me the chills.

>>20275566
I just do all my Shilling and DD. Been hitting stocktwits real hard shilling shit to the retards and trying to find people on there who FOMO often and feed them a healthy dose of bullshit. Spread that across a few sites, and we're ready to roll monday.

>>20275460
>he doesn’t sell before the dump

ngmi cuck. You bough WKHS at didn’t you?

He didn't buy Nokia...

>>20275496
To add on, Disney is losing billions every quarter and is not in anyway ready to acquire any company. Maybe in a year or two, but not this year.

>>20275669
>he bought nokia
lmao should we tell him bros?

>>20275456
Based
Should I watch 2049?
Or just stick with muh science fiction novel?
It was a great fucking novel.
>>20275612
Fuckin a man
Do you have chinese blood in ya?
I gotta be more morally flexible.

>>20275612
What are you focusing on shilling now?

hey /smg/, he’s not behind me, right?

>>20275693
Tell him that Ericcson is the better European 5g play

>>20275748
EVRI probably

How smart/dumb is this idea:

Borrowing on margin using Doom bull theory.

Portfolio:
FNGU
TQQQ
AMAZON
TESLA
NVIDIA
UPRO
SOXL

>>20275760
My holdings at 5.83 thank you
How far we pumping at, shilling chad? If we hit $15 I’ll send you $5

>>20275734
>>20275748
Shilling EVRI MVIS and NIO right now. Also been shilling SOLO there so I can make a little more money out of this gay car, got in at $2 and have stop losses set to keep a good profit. EVRI and NIO are actually good though, the shilling is mostly to encourage buying and I usually do it after it's already risen a good deal to get people who are late to give it an extra bump. Do this on weekdays at night too not just on the weekends. You'd be surprised how many people you can get to consider buying a stock by just liking something they said even if it was dumb. Like sheep to slaughter.

Should I change anything or will this carry me nicely for the week?

>>20275781
>SOXL

Good for swinging, wouldn’t hold long term. TSM better choice

>>20275810
Wait. Those aren't socks. What is the point of those?

>>20275815
Shill EVRI HARD. If we hit $15 I’ll send you $10 fren

>>20275734
Have you seen 2049?

>>20275781
A lot of redundancies here that sort of undermine the point of what you are doing
>FNGU
>AMZN
FNGU's holdings include AMZN
>TQQQ
>TSLA
TQQQ's holdings include TSLA
>SOXL
>NVDA
SOXL's holdings include NVDA
If you are really saying that AMZN, TSLA, and NVDA are going to be the top performers than you can DIY 3x Leverage and not bother with the ETF. Either through margin, which I would be careful with capital allotments, or trading on the call contracts in particular.

>>20275810

>>20274526
We are gonna be so rich

>>20275939
I tried shorting that piece of shit months ago and got burned. Good luck to you.

>>20275313
did someone cast a Final Destination curse on the Glee cast or something

>>20275851
got ya fren

>>20275832
whats the point of like 90% of shit women spend money on?

>>20275870
Copy that.

I'll just eliminate ETF's:

Amazon
Tesla
Nvidia
Apple (addition)

Ty for the input. I don't like borrowing on margin. But I have a decent safety net and those stocks will never stop going up.

>>20276027
i have no idea, if i understood i better i might have bought into Aritzia. I still won't but apparently Aritzia is doing very well (still net loss because of retail closing, but their e commerce section is apparently showing amazing growth)
i think i'm looking at what could be the next Lululemon for real, or at the very least, a fashion retailer that will actually pump out consistent income and growths. But I'm too scared to put a position into it because I have no idea about fashion

any /fa/ here? what is Aritzia to you?

>make bank with stocks
>use funds to make company, get even more money
>use money to create private army
>use army and money to clean up shithole countries
>make private army even bigger by cleaning up said countries
>use private army to take over the world and become Emperor of Earth

find a flaw in my plan

>>20276073
>2B dollar company
>Canadian fashion retailer
yeah I dunno about that one

Any OTLK chads here?
What's your pt?

>only 100 watchers added on stocktwits in the past 6 hours for EVRI

BOYS START SHILLING MORE

>>20276104
why did you sell the stocks
just keep buying more stocks and skip all the extraneous stuff

>>20276104
>use army and money to clean up shithole countries
right there

>>20276027
I dunno.

>>20276073
I've traded it before. Don't know anything about the company other than they're clothing retail and sometimes they have surprise earnings beats.

>>20276104
Your flaw is that you don't assume someone will do it better.
Me.

But that's okay anon, you can be my court jester once I'm the supreme emperor.

>>20276106
yeah i have no idea about it either but the earnings dont lie and I feel like a lot of guys would be overlooking it with the same attitude.
I mean even Canada Goose would have given early shareholders like +200% returns over a couple years at some point.

i just wonder if any anon has some interesting DD on it that I could verify.

>>20275669
I remember this meme from '17. I was all over wsb and other sites. Those faggots bought leaps for '20 because 5g. Well...

>>20275816
AMD seems like a very slow burn. maybe you should get more tqqq or even a microsoft.

Really want to get in on DAL for a long term hold. When do you think is a good buy in time, Wanna wait for that next red bar but I'm really unsure and I'd rather not have it pump.

>>20276259
>When do you think is a good buy in time
2, maybe 3, years from now

>>20276259
So..you want to hold long term but you are waiting for a single red candle, which, holding long term, would be irrelevant?

>>20275999
This is you huh lol

Based trips

>>20276104
https://www.ft.com/content/511ecf86-ab40-486c-8f76-b8ebda4cc669
>Fake a whole company into a major index
>Make 2 billion euros disappear
>Use it to try to recruit a division of 15,000 Lybian gunmen for fun
>Vanish right before it all blows up in your face
>Make 1000s of boomers lose their money
He will never be heard of again and is probably leading a mercenary company in the Kongo as we speak.
What a hero.

>>20276248
I don't really understand why AMD keeps crabbing but it's undoubtedly a decent long-term hold as long as Lisa Su continues to be their CEO.
at the very least it's already back to ATH levels after the March dip. It's just doing poorly *relative* to other tech shit. Fundamentals are still there even if some future growth are already priced in.

>>20276259
>>20274566

>>20276282
lmao yeah

>>20276272
>2, maybe 3, years from now
I said buy in time, not selling time faggot. If you think airlines won't recover in the next 5-7 years because of some flu you're tripping hard.

>>20276287
I wonder how hard it is to fake an identity and be back in a 1st world country. Like do you just start by forging an identity in a corrupt 3rd world country and slowly immigrate sequentially to richer and richer countries until you are back in a 1st world country?
crypto currency must make it so much easier nowadays

>>20276279
yeah, you are right.

So dump EVRI at opening?

>>20276333
what does your portfolio consist of then anon?

>>20276282
I'm telling you guys, if we can get like 10 of us doing this it will make a difference.

>>20276073
>>20276139
Speaking of clothing retail bullshit, I have a position in Farfetch right now. Pic related. It's retarded clothes for people who burn money. Line go up so I bought.

Yes, they want $2310 US dollars for that Cosby sweater. They will also sell you a toque for $250.

>>20276344
Based. I see that you are working loI. $10 for you if we hit $15. I gave it a semi shill, I’m the one below you that. My user is financiallyruined lol

>>20276402
How is there a market for overpriced dumb clothes

>>20276389
just buy qqq or tqqq or soxl and stop looking at boomer shit stocks hoping they will return to ath or pre march levels
you're not going to out perform even spy buying various shitty boomer stocks just trust me ok

>>20276379
I was once offered an Afghan passport. Supplied by their gouvernment and for free actually.

I also heard its not that hard to get a new identity. Pay some Moldovan or Bulgarian scribe to put your family into the national registry and then apply for citizenship like Macedonians do all the time.
Pay enough money and you get EU citizenship.

And this guy has enough money to buy any passport he wants. And apparently enough contacts that he could be anywhere by now.

>>20276259
Looks like it’s in a short term downtrend. I don’t know much of TA because I don’t believe in it so much, but I’ll wait for earnings to make a decision

>>20276405
haha bro this is hilarious. these people are so ridiculous.

>>20276405
like my name is literally BowflexChrisBenoit and my avatar is a hasidic jew and it doesnt even matter.

>>20276446
Tax is theft

>>20276385
nah let it ride. It got so much coverage man, it has to blow up monday.

>>20276419
I am as confused by it as you. I have good track record trading luxury brands though. RH has been really good to me on two occasions (swings) since Buffett bought in to it.

>>20276345
>I said buy in time
I gave you the buy in time. Airlines are bull market industries and there are still too many of them. There will be bankruptcies and consolidations that will take years to pan out. UAL, DAL, and AAL have all declared bankruptcy at least at one point. Shareholders were wiped out even if the companies survived afterward. AAL already started diluting shares and there is a very real probability that DAL and UAL might at some point as well. Which means the "previous high" would be lower.
You'd already have made the gains you seem to think exist had you just gone with SKYW.
Airlines took 6 years to recover from some allah ackbars crashing some planes. This was much more prolonged pain that affects both current and future travel plans as people realize airlines are really just flying petri dishes.
>If you think airlines won't recover in the next 5-7 years because of some flu you're tripping hard.
They will, but why would I go with one of the weaker ones? Also why would I move now and not 2-3 years from now when that downside risk is gone.
And if you really don't agree with me than what the fuck do you care about 1 red candle? You should be all in and dumping more in at every opportunity.

>>20276402
that reminds me, i never actually looked into what aritzia is actually selling. I can see why their online store could be enticing since I assume it must be pretty mobile-friendly.
I might actually put some fashion retail exposure in my portfolio once Aritzia falls down (they just had a quick pump after earnings). I don't wanna be too exposed into tech just in case.

>>20276512
b a s e d. good post.

>>20276419
TSLA is a market for overpriced dumb electric vehicles and its worth more than Home Depot right now.

>>20276514
>pant
>short
I hate women so much.

>>20276528
why should home depot be more valued than a company that does cars, batteries, computers, AI, rockets, space ships, robot taxis etc

>>20276473
Thats why the EU exists. The best institution this world has to offer.

Its literally a union that allows you to fly to Malta in 2 hours, open up a company and never pay taxes again. Or fly to Cyprus to do the same.
You can go anywhere you like, live anywhere you like and even decide which country you want to base your tax residency in.

Hell, rent a flat in Bulgaria or Romania and pay 10% flat on any income while living on 300€ a month at a sunny beach at the black sea.
Nothing required but a plane ticket. Or go to Greece. Half the population doesnt even pay taxes lmao.

I love the EU.

>>20276402
Anyone who buys this shit with less than a $10mil net worth is a fucking retard.

France will put up blockers on porn sites. Needing to verify age somehow, like cc info, to continue.

Did this have any effect anywhere when the Bongs did it?

>>20276584
Well, that's an argument

>>20276589
Yep. But you gotta respect a guy who somehow memes his way in to selling sweatpants and hoodies to rich doofs at 10000% mark up.

>>20276381
Godspeed, Anon.

>>20276589
i do fucking wonder who the market is and whether it's really a smart play to be holding luxury brand positions with unemployment rates as high as it is. But there will always be a market for fashion retailers and I'm 99% sure you can pick the winners by choosing the best e-commerce systems and not necessarily by gambling on fashion trends.

holy shit i cant believe im starting to feel bullish for Aritzia now even though I only put it in my watch list as a joke. I'm not 100% sure I'll be buying a position into it next week but I sure am going to be watching it more seriously now, or at least checking how the competition's e-commerce fares in comparison.

>>20276575
Right now? Because it makes money.
For the future? Because it makes money with a well defined market space of competitors.
I think I just read that TSLA again lowered the base price on their Model Y. Pretty weird for an appreciating asset.
And no, I am not getting into meme wars with TSLA cultists. Trade in TSLA for pure hype plays. The poster asked about markets for fashion and those are notoriously hype plays as well.

>>20276575
>Imagine SpaceX going public
Literally calls on calls.
It would be the day we would all get rich. Nobody would even think about selling that in the next 10 years lmao.

>>20274526
I was thinking about but i dont really think this will effect them unless we push it hard

>>20276704
Don't, you have to be retarded to think a reddit conspiracy will affect a major stock

>>20274849
It’s 99 cents right now for Amazon Prime users

>>20276677
you do realize tesla makes money right..

>>20275103
DUDE!!!

>>20276735
WEEED

I need to triple my money (100K to 300K) by the end of the year please help me

>>20276735
>>20276767
BRO INDIE

>>20274722
yeah wtf is the deal w WIMI is it gonna keep mooning this week? based on chart feel like i missed it already

so if I'm ready to dump some money into ETFs long term, I should dollar-cost-average into them what, monthly? weekly? I am a brainlet, why not just dump all the money I have into them now? (You) would argue to throw what I'm willing to invest into my brokerage account and then slowly DCA into the ETFs over X amount of time?

>>20276345
We'll have teleporters by then, anon

>>20276801
Go all in on frsx and trvn. Sell both by next year

>>20276722
Meh, I prefer margin call & the big Short

>>20276345

>>20276807
it doesn't matter, just buy whenever you have money you want to save. there is no minmaxing strategy if that's what you're thinking of

>>20274479
i put 1k into tesla wish me luck boys

>>20276807
Doesnt matter. Just throw it in there.

>>20276807
lump sum is perfectly viable if you're holding long term. You don't necessarily need to do some DCA meme. The argument is that you're less prone to fluctations with DCA, but you are also worse off the longer your time period for the DCA if the market trends upward long-term.
etc etc

>>20275986
Well you missed the sex traffickimg of kidnappped people/ children scandal

>>20274984
look at the veins. 2d>3d

>>20276910
im into that anon. you have to be under 23 right?

>>20276807
Lump sum asap

>>20276890
Where did the meme even come from?
DCA into a longterm position never makes sense in my opinion.
40% chance prices fall, 60% chance we go up.

DCA makes sense when you bought MSFT at 220, it dumps to 180 and you buy again to bring your average down to 200. Thats a sensible DCA.

>>20276851
>>20276861
>>20276890
thanks. I am looking at some sort of ETF spread e.g. 50% QQQ (or TQQQ if I'm bold), 25% SOXX, etc etc. my concern is the common concern - that I'm going to throw this money into these ETFs and shit is going to tank (e.g. the tech bubble - assuming there is one - will burst, and I bought in at ATM). Help me get out of this psychological rut. Were I to invest now and the ETFs in question were to drop, it doesn't matter to me since this investment strategy is long term for me.

Should I take out student loans and dump them into EVRI

>>20276858
That’s like like .75 share at this point.
It will pay.

>>20276960
if you're honest with being long term then you should only be happy with any dip and buy those. do not try to time anything or panic sell.

>>20275810
>posting photoshopped asses
If you’re going to be disappointed with reality, why not just go with 2D? At least then you’ll expect 3dpd to be disappointing.

>>20276960
Who cares. Just wait 3 more years. You have the edge and thats what matters not that there is a less than 50% chance of down.

>>20276858
Don't think about selling for ten years, you won't need luck.

>>20276983
what would you recommend putting 1k into?

>>20276981
What’s the interest on loan?
Also check if TQQQ beats it.

>>20276933
>Preferring cow tit Asia bimbos over pure and cute anime 2D girls
t. 24 year old boomer
>>20276960
>my concern is the common concern - that I'm going to throw this money into these ETFs and shit is going to tank
Youre holding long term. In 40 years the daily average fluctuation will be bigger than a crash today. It really doesnt matter when you buy if you invest and want to hold for longer than 10 years.

If youre that concerned just buy a protective put that you can convert into more money if we crash again. Then you buy the dip and sit back again.

>>20275559
I wouldn't risk it right now with tsla, short float is at around 10% right now which isn't high high but is high for a company that is performing extremely well so we are likely to see a little consolidation on monday before it settles in at 1200-1300

>>20277004
NO, keep it. It’s hitting $2500

>>20276698
>priced at $1000 per share
>P/E ratio of 1000000
>shorted and dumped on Elon cultists instantly

>>20276910
>>20277016
>he doesn't like the veins
lmao

>>20276981
that is the stupidest shit i've ever heard you're going to end up necking yourself

>>20277016
>24
>boomer
somebody tell him

>>20277048
i'd sell an organ before I take out student loans and gamble with them

>>20277023
Are you legitimately retarded? If SpaceX ever goes public, Starlink will be printing billions of dollars each year and the P/E ratio will be reasonable. Also share price doesn't matter, only market cap, but I digress.

>>20276910
>veins are bad
Then date a blackwoman lmao
Veins are fine, a little bit of an indicator that blood supply to the areolae is present, that you can stimulate lactation.

>>20277097
>SpaceX
sometimes i wonder if there is an alien equivalent of /smg/ bickering right this very second

>>20277019
Alright anon, I'll keep it. Thanks

What do I need to do to reach a safe consistent $40,000 per year?

>>20277023
SpaceX actually has advanced tech, rockets and success. Their prices are beating every other competitor, their products seem outstanding and they still grow. Hell, they basically control a whole industry by now. Not only that, but by now they are a US defense asset that is pretty much guaranteed to get more and more contracts and money, just to keep their RD in the states.

Its a commercially viable operation with a guaranteed future. Its not some SPCE, which pumped on LEO tourism alone.
Hell, I didnt even buy TSLA, but you would be stupid to think that SpaceX would not literally moon to the heavens just based on retail dreams alone.

>Housing market collapsing
https://tradingeconomics.com/united-states/existing-home-sales

>>20277151
have a million dollars

>>20277151
get 400k and put it into qqq, tqqq, soxl, tech shit etc

>>20277016
how about writing covered calls - what is (Your) opinion on that? Since I will now have the underlying I can potentially make money on covered call premiums, assuming the price of the underlying doesn't skyrocket above the strike price - yes?

what would happen should the option buyer exercise the call - assuming the underlying stock price is greater than the stock price? I'd have to sell all of my underlying stock yes? then I guess I lose a bit of money and could just buy back the underlying. sounds like I could just write calls at insane OTM strike prices and make a tiny tiny bit of money on premiums.

>>20277164
good

>>20277164
what does it mean...

>>20277177
>sounds like I could just write calls at insane OTM strike prices and make a tiny tiny bit of money on premiums
thats exactly what a lot of people do, sell OTM calls for juicy premium

>>20276807
DCA as "average up" and "average down" is a big meme because its "timing the market" with a different name.
The more conventional reason to "DCA" is because you don't have infinite capital and it's easier to budget and keep doing it over the long term if its a steady amount. Like you think "its the X of the month/year, need to put in another 5k" or whatever.
>>20277164
People can just live in their Teslas.

>>20277151
Define consistent
>>20277177
>sounds like I could just write calls at insane OTM strike prices and make a tiny tiny bit of money on premiums.
Thats correct. Youre essentially selling lottery tickets to idiots.
Statistically a 5% OTM monthly covered call already outperforms the SPY itself.
If youre too lazy to rebuy just go higher to 7% or so.

>>20277208
Its just the worst feeling when you sell a covered call and the stock pumps 3% in 5 mins for no reason.
But what you gonna do. Cant win them all.

>>20277164
does this mean covid stocks, finance, and housing are going to bleed out for the next couple years

>>20274908
EVRI mooning was just a result of some fundamental analysis from some bank.

>>20277177
>sounds like I could just write calls at insane OTM strike prices and make a tiny tiny bit of money on premiums.
Congrats, you are now realizing why options are actually not that scary. And in fact, usually are better than the actual underlying itself.
The horror stories you may hear about options are always related to selling puts. Imagine having to buy batches of 100 shares of a stock that is declining but you have to pay a higher price.

>>20277164
Canada's real estate is already recovering, at least around Toronto. A couple houses in my neighborhood were still sold very fast (suburbia city adjacent to Toronto).
Real estate is still a safe bet for the time being. I'd like to think we are already past the worst of corona (at least in Canada). I dunno what the fuck you guys down the border are doing, but please don't burn down..

>>20277164
I posted the other night that in my little Florida burb at least half the houses on my street have for sale signs on them. It looks just like 07.

>>20277228
you can always do the wheel and sell ITM puts during a pullback

>>20277229
>>20277183
>>20277260
>>20277262
It means we are in 2007. You guys remember 2008?

>>20277237
so just so I completely understand - what happens if I write a covered call and someone wished to exercise it? I have to sell off my 100 shares? how much money would I lose in this instance? it's still a bit confusing

>>20277154
>>20277097
>Are you legitimately retarded?
I don't have a picture insulting enough. You'll have to accept this one.

Is there a limit to the amount of shares a public company can have on the market or something? The P/E could be as high as they want. Goldman Sachs or whichever investment bank aren't as dumb as you seem to think they are. If they know every elon worshipper is going to buy, they'll price it as high as they want. Since P/E doesn't matter, why the hell not?

>>20277260
Ottawa still sells fast from the look of the lawn signs.

>>20277292
oh no pissposter is back at it
imagine explaining this image collection to your boyfriend

>>20277291
>- what happens if I write a covered call and someone wished to exercise it? I have to sell off my 100 shares?
Yes. 100 shares per exercised contract
> how much money would I lose in this instance? it's still a bit confusing
You don't lose money unless the strike price was below what you paid for the shares originally. You also got to collect a premium from the contract buyer effectively "lowering" your cost basis.
What you give up with a covered call is the potential infinite upside every stock has (you are giving that to the call buyer). Which, let's face it, isn't that realistic. The work in writing covered calls is writing them on stocks that aren't that volatile. You want to give seductive lottery tickets that likely aren't winners. Learn your greeks.

>>20277290
if you wanna bring past stock prices into this, then just pick a big REIT that survived through 08. They have the liquidity to survive a crash and to take advantage of the decreasing real estate prices if it comes to that.

Monday is your last chance to exit before the Gay Bear Gang reams your most boy pussies.

>>20277380
thanks. will do more research on the subject.

>What you give up with a covered call is the potential infinite upside every stock has (you are giving that to the call buyer). Which, let's face it, isn't that realistic.

I suspect this is what's the most enticing thing about selling covered calls. What's a good % OTM strike price of the current underlying price to sell at? I guess that answer is a little dependent on the stock and doing a little research and TA magic

Massive layoffs are good for the economy right?
We should be mooning after these companies get rid of the leeches and stocks go wild without fear of having to pay worker wages.

>>20277281
I dont really like the wheel. I use it for stocks like AMD but with MSFT its buy and covered calls.
>>20277292
As long as we have no information on SpaceX' financials any argument is pointless.
Also this >>20277359

>>20277446
yes its very bullish

>>20277359
>not pissing on his gf to assert dominance, then getting blackout drunk on bourbon every time she tries to have the marriage conversation
what is even your life?

>>20277122
this

Anyone here recommending some banks?
Next week is earnings for them, but Im fairly ignorant when it comes to their stocks.

>>20277472
no retard fuck off
>>20274566

>>20277144
It's likely. Trillions of planets with the possibility of life, surely some of them must have intelligent life capable of speculating on what businesses will be profitable.
>>20275026
Don't you ever fucking post my TSLA waifu again. She looks like one of the cannibals from The Forest.
>>20277154
You're right about the launch prices but SPCE doesn't even reach orbit so it's suborbital space tourism which is one of the biggest memes imaginable. It's like expecting people to book a million dollar flight so they can spend five minutes at a destination before being forced to go back home. Orbital space tourism is the future.

>>20277441
>What's a good % OTM strike price of the current underlying price to sell at?
Depends on the greeks. If its too high the premium you can get will be pathetically small. If its too low you are likely to sell the underlying . You can, of course, buy back the shares but that will incur on the gains from collecting premiums.
There is also an understated "risk" to covered calls. As part of a portfolio strategy what it will do over the long term if you aren't watchful is tend to remove the top performers leaving you with the overall underperformers of your portfolio.

>>20277499
>my TSLA waifu again
anon she has a lot more to say than Elon good
Were you even in the thread for last year's CNBC appearance?

>>20277292
It's not really about P/E or share price, their market cap can only be so high as the underwriter is willing to IPO with them. At a certain point it decreases the likelihood that they'll be able to sell their shares to the public. No one would buy SpaceX if it had a market cap of 100 trillion. Also, please don't post your piss fetish drinking here.

Can anyone recommend solid beginner investing books?

>>20277436
REIT apocalypse isn't until end of July.

>>20274566
workhorse

>>20277547
look at the OP you blind dummy

>>20277547

>>20277436
People are going to flock to tech again this week

>>20277499
>SPCE doesn't even reach orbit
Oh yeah, I forgot.

>>20277600
as they should and to EV

Kazakh Flu is apparently just regular Kung Flu and China lied as always, this time to discredit the Kazakhs for...some reason.
https://thediplomat.com/2020/07/china-missteps-with-wild-allegation-of-a-new-deadly-pneumonia-in-kazakhstan/

>>20277538
>are you legitimately retarded based on some dumb assumptions? Please sir, don’t post material that offends me.
Fucking snowflakes

Why the fuck did Workhorse die? I lose internet for a week and this dropped to sub $15. I bought at $22 and now I cant pay rent WHAT THE FUCK

>>20277679
lol

>>20277679

>>20275852
No that’s why I asked. Just the original and directors cut, and the novel that they were loosely based on.

>>20277472
They all pumped on friday and i got out.

>>20277679
You bought my bags lmao

>>20274496
>Wimi 5 days ago if you have a time machine.

Holy fuck still not over that shit. I thought wimi was the runt of the AR litter.

>>20277679
>bought the top at 400%
what did he mean by this?

>>20277657
Belt and road initiative is the centerpiece of China's soft power geopolitical strategy. Kazakhstan is a very critical client state, lots of infrastructure development money has flowed into that country from China. China doesn't want Kazakhstan to blame China for the virus, so they stupidly decided to blame Kazakhstan for it. Ccp must be panicked domestically for them to take a stupid needless risk like that

Is Tesla really going to 2k? I’ve been feeling the fomo for a while now and don’t hop in because I keep thinking it can’t possibly keep going up. I’m thinking of finally pulling the trigger and buying a couple of shares this Monday. Feels like a really bad idea but... it... just... keeps... going up.

>>20277588
This book has little to say about stock market but it's pretty good for getting a feel on the how and why Donald was successful with real estate. Don't overlook. It's a good book.

>>20277679
LMAO!!!!!! BTFO

Also, SPCE is garbage. Rather invest in Tankers.

quints and the first jannie who sees this has to kill himself

>>20277679
Fake and gay but there are some people who really did this

>>20277764
go to sleep Mr. President.

>>20277748
Play the options contracts. Follow the market manipulator with a fraction of the risk. All of these call pumps are simultaneously being met with 1000 puts.

>>20277790
>he hasn't read the book
Sad!

>>20277679
dumb larp... there isn't a trading platform that exists without having a mobile version.. mobile data exists you know.. how can you be so poor that you're investing and cant even afford phone data?

>>20277748
im waiting for the next dip to fomo into it. i already missed the 1300 one this week........
this will definitely blow up into a 3k stock.
.

>>20277663
>Gets upset at a post that wasn't directed to him and the idea that someone is questioning his repeated posting of fetish material in s thread about stocks
>Calls someone else a snowflake
Okay, you legit retard. I'm not offended by your piss posting, I just think it's obnoxious. I'm /anime feet/ master race yet haven't ever posted anything anime related here.

What if unemployment claims went up next week?

>>20277806
kind of want to read it now to be honest

>>20277741
I bet they were trying to pin it on the US...
>>20277806
Neither has don though.
>>20277290
>It means we are in 2007. You guys remember 2008?
Yes. I got my dick wet probably more than any other period in my life, excluding those periods when I was in committed relationships.

And managed not to get any herpes or mono or whatever, I have good taste. But the next year I did get swine flu. Probably unrelated.

I should have bought more EVRI

>>20277748
Its literally based on memes. Look at this. Even the big two Toyota and VW are doing better than Tesla.
The whole company could come down crashing if there is any problem.

Im a bit jelly for sitting out while others bath in money but there are a million sane deals I miss each day. Dont need to be mad over not predicting the raving mad movements

>>20277912
based memes

>>20277794
Risk to reward ratio is awful on credit spreads for this stock. You were the one discussing the 2500 strike price manipulation, right? Risking $4000 for $62 is awful.

>>20277912
But those aren't constrained to EV market. I find charts like this more interesting

>>20277938
how long before all major car companies go more electric than gas

>>20277959
Not in our life time buddy

>>20277719
It is ok movie imho, personally give it a 6.5-7/10 not overly great like so many think it is. Painful movie, lots of suffering.

>>20277974
I don't think they will allow another Tesla though.

How about WDC?
https://finviz.com/quote.ashx?t=WDC
>tech component stock like TSMC
>stock price isn't inflated
>positive outlook for sales
>lots of analyst upgrades

>>20277959
2024 at the latest except for american zombie companies like Ford and GM

>>20277900
whats your pt lad

I'm thinking of setting a $8 on open and buying back in on any dip .. worth the PDT

>>20277932
These are very short date calls being met with comparatively very long puts. These contracts are being bought for ~0.05 and flipped for more than 4 in the span of a SINGLE day. That is a 80x return. You can turn $5 into $400. The risk of course is that the market manipulator pulls the rug. But I'd rather get an 8000% return than a 20% return on actually holding a TSLA share especially because playing the contracts means I limit the risk of a collapse in the price of TSLA.

>>20278008
I think that might be closer to reality. I wonder what the Saudis would do in this case.

>>20277959
ngl i feel like everyone will transition into ev within the next 10 years

>>20277959
nice pit

>>20278036
I can see KIA or Hyundai trying to make the jump first

>>20277260
>Canada's real estate
Your entire market is controlled by 3 chink multinationals.

>>20278064
How many chink immigrants are just sleeper cells lmao

>>20278077
All of them

>>20278018
About the same here, but I'm an idiot and might let it ride if I'm feeling confident.

>>20277974
I think it will happen in western countries.
Especially when paired with the convenience of ai driving

Its just that our power grid couldnt handle EV right now. If all people come home at 5pm and plug in their cars we would just see a big black out.
Also the range is very limited by physical constraints of course.

>>20278089
NEW

>>20278108
>ban all the efficient forms of power generation
>now electricity prices will quadruple and not enough to go around
>nothing to be done says political shitbag with enough money for industrial scale backup systems at his private mansion

Who's ready to bag cheap DIS stock next week now that our virus friend has struck at the parks?

How the fuck do i do calls and puts

>>20275460
Yeah once we're all out kek

>>20278163
also, what the fuck is a broker?

>>20278218
to this day i still wonder if that anon was legit serious or baiting

>>20278024
so why aren't you a millionaire yet if it's that easy?

>>20278218
Im serious

If my first option is free can i gamble on that with tesla with only $100 buying power? Im retarded.

>>20277893
>Neither has don though.
True.

>>20277994
iD fug serenity so hard.
Love wdc still.

>>20276419
I used to work in ultra-luxury retail in London and boy are there a lot of nouveau-riche Chinese and Arabs. You can sell them anything if they're convinced it'll make them look cool. The Chinese were notorious for buying the finest french wines, often in the 5 figure range, and drinking it with coke or club soda. It's insane.

>>20276910
veins are hot. good investments imo.

>>20275507
In a week only FOMO bagholders will still be in it, retard.

>>20276621
Bong here. It was abandoned. Never happened.

>>20278382
your first option being free is just a meme
fucking google that shit it's not that hard, don't gamble money on things you don't understand

>>20277164

>>20274566
>muh next leg down is gonna happen before this fall before the election

>>20274599
Yes, I flipped $770 into $18,000 in 5 trading sessions between Jan 27 and Feb 5.

Step 1: identify undervalued stock, with low IV and earnings around the corner that has yet to participate in recent rally. (For me, this was AMZN in Jan while it was still under $2k)

Step 2: buy a weekly call(s) for the week following earnings. Go all-in. (For me, this was a 2200 strike call for the 1st week of Feb. It was the closest strike I could afford and gave me enough time to hold and not be exactly right/ITM yet still make bank)

Step 3: Sell your call for massive gains (in my case, it was $4 or 5000)

Step 4: roll your profit into OTM TSLA calls expiring the following week (i had a 700 and a 770)

Step 5: flip $5k into $16k, and hate yourself for selling the 700 at 750 and shorting an 850 against your 770, thus limiting your profit to a paltry $11k

Step 6: long platinum futures and top off the account another $2k overnight

Step 7: pay yourself back the principle and proceed to ease up on the high risk behavior going forward