/biz/ - Business & Finance

>>12617633
about to drop 5 grand in my roth tomorrow for various indexes and maybe a few dividend stocks. I plan to hold for years (currently 26).

Feels incredibly, incredibly comfy.

In 5 years time you're going to look back at a chart and think to yourself; why didn't I buy SQQQ?

>>12617777
SMG and IIPR have been killing it for dividends

Just stopping by to laugh at the magneretards bahhahahahahhahahahha xDDDDDDDD

>>12617870
>SQQQ
>Down 41% from December 24th

YIKES. Gotta be a tough pill to swallow, mate. This is why you don't go short. Market goes up 80% of the time. Only idiots are bearish.

>>12617870
kek, who hurt you? TQQQ is patricians choice

>>12617777
checked! I'm currently building up more of a position in V, MA, and VZ. Hold for 30 years.

Ethereum does not scale

- Europe unveils plan to circumvent US sanctions on Iran
- jews mad
- DAX Futures drop to levels it had 2 weeks ago

>>12618125

Jokes on you mate, I sold all of my holdings on the 21st of December for a 50% profit.

I've only started buying again in the last week.

Who REFR here

Guys I am all in (about 15k) on Aurora Cannabis (ACB)

How high are we going?

>>12618356
Israeli Cabinet approved export of medical cannabis

>>12618407
Are you telling me I just got JEWED?

>tfw too afraid to put more money into the market because I'm afraid it'll shit the bed soon

Am I being irrational?

>>12618419
No, this bull market can't be sustained.

Wait for the dip

Some of you are alright...
Don't be in the market in March...
February begins the decline.

>>12619009
Source?

has anyone got the drive link for books

anyone UK here, this drive cant be sustainable right? if we get no-deal we’ll crater but if we get deal boom, why is everything zooming up

>>12619009
i thought this was supposed to happen last month

>>12619659
Timed Exit

nothing to see here

>>12619611
Seconding this, need that drive link

Will be buying small batches of SOXS today. This market is due for a pullback. Think it might happen once we hit the 200dma on the daily.

>>12618356
They have 1 billion outstanding shares so you wont see tons of growth but their revenue seems most on track compared to others.

>>12617633
Why did microsoft FUCKING DROP?

They beat earnings
Azure growth was 75%
FUCKING XBOX FUCKING XBOX REVENUE GREW BY 45%
yet they still drop 2% seriously wtf?

>>12620135
Obviously over-bought and over-priced

Got some xle calls yesterday. How fucked am I?

>>12618347

SoonTM

>Together with Research Frontiers (NASDAQ:REFR), Gauzy will have the highly coveted opportunity to ring the Nasdaq opening bell to commemorate an exciting announcement on Friday, February 1st.

https://livestream.com/nasdaq/live

>>12619660
It was: and this month, and in March like this anon said, and in April, etc.

>>12620132

Lol, they are still fudging their financials with their investments in other weed companies which are mooning currently. Their actual operations are negative.

TAKE OFF YOUR SHIT STOCK MARKET THREAD OFF MY CHAINLINK BOARD REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Is it time for legendary dude weed bull run today?

I just heard on the news that January was the best month ever for stocks. Time to sell.

>>12620224

Deflationist gang ww@?

I just heard on the news that January was the best month ever for stocks. Time to buy.

Really hope this is because of a reverse split and I didn't just miss out on the ultimate biz meme pick

>>12620360
It was a RS. 21 per 100

>>12620375
Ahh, only thing that made sense but never know what you might wake up to

Anyone have any AMD memes?

>>12618147
>V and MA
Wew you get better divvies from a bank account lad

>>12620402

Curious to see how this affects. I haven't been through a RS. I originally only bought 1k since it was only $180. So nothing really, just something to play with. I doubt the total will drop too much, just the number of shares.

Not sure what to expect though.

Soon

Where are my fellow ausfags at

>>12620208

ITS HAPPENING

>>12620497
here lad
was 9% capital up between march 17 and oct 17
lost it all oct-dec
now i'm roughly 5% up overall (income + capital)

>>12620602
Yeah fair enough cobba, whats buying atm?

Chevron and exxon both up on earnings pre market. Buy buy buy!

>>12620566

I'm trying to invest in the future lads. What are some good bets for major growth?
>weed
>green energy
>chinaman
Something I'm missing?

This is it lads. The bull run has begun. Buy buy buy.

>Jobs report smashes expectations
NOT A FUCKING DRILL. LIFTOFF HAS BEEN SCHEDULED NEXT STOP THE MOON!

>>12620742
FUCK WHAT BUY

>>12620695
>fomo in after the price already went up
This is the /biz/ way. I'm proud of you, son.

wtf bros, i bought some MNGA when it was low yesterday and now it's up 1700% but RH says i don't have any in my portfolio

>>12620742

GOLDEN BULL!

>>12620750
Im going 2x leveraged s&p with (sso)@10k. Thinking about 3x leveraged but still kind of scared of the bad china manufaturing news.

>>12617633
what's a good expiry date to pick for writing covered calls? i've heard 3 months is good because time starts to devalue options hard around then

>>12620762
might have been a reverse split?

T-5 MINUTES BEARS

GET READY FOR WARM BULL CUM

>>12620762
>wtf bros, i bought some MNGA when it was low yesterday and now it's up 1700% but RH says i don't have any in my portfolio

>>12620775
>might have been a reverse split?

>>12620775
>what's a good expiry date to pick for writing covered calls?
it's all risk adjusted based on duration and planned events over the timeframe, there is no better time than another.

>>12620828
goddammit MNGA, gimme my two dollars back!

AAAAAA

>>12620405
I do, a random anon here shilled it at 3$ and i shouldve bought 10,000 shares instead of 100

>>12620208

GAUZY SAID 12 OEM MANUFACTURES
NEW STUTTGUARD GERMANY FACTORY
ITS HAPPENING

Wow Block Buys on REFR

ACB and CGC are off, lets see if they can soar to lofty heights today

Fuck

>>12620936

Its already started lads, hope you got in for cheap

Did anyone join in on the CODX short? Told you to short 3.70

>ONCS

Anyone else buy mnga? I bought 40 stocks now it was reduced to 2.

>>12620982
see >>12620828

>>12620982
>$8

Leave my port alone bears. Fuck off.

>>12620951

I'll be back in the afternoon

I'm up nice on this news

>>12620928

Stop making retard statements like this. I had to look it up. Literally weed is no where new and neither is ACB.

This is a normal fluctuation.

MOON WEED
MOON WEED
MOON WEED
CALLED THE BOTTOM ON CRON GOD I'M FUCKING GONNA MAKE IT BROS
MOON WEED
Have to update my 60 day stop loss orders every day because shit's pumping so fucking hard

SNE down on record profit,, kill me now

>>12621034
>tfw only dropped a little money on it
Fuck bros, I want a baby stock that's gonna grow like a motherfucker.

This chart lookin like an EKG and I'm gettin A-fibbed

if you're not buying calls, then you're doing it wrong.

>>12621168
QQQ calls lmao

>>12621016
Lookup my dick in yo mouf bitch

>>12621034
I choose AMRS over CRON

I'm retarded

>>12620928
>ACB

I own it, but, they have issues and they are being left behind. They are taking out hefty loans.

As soon as I hit my target, I'm selling.

>SQQ was $4000 in 2013
If SPY goes to 2013 prices, will SQQQ go to $4000 again?

>>12620858
why the fuck would you buy a meme stock posted on here?

I wonder what happened to the shill that kept posting his outrageous portfolio on MNGA lol, he's probably killed himself hahahha

>>12621217
no sqq expires eventually

B S T

S

T

>>12620742
Means powell will raise rates and the stock market bubble will justifiably take some more legs down.

>>12621016
ACB dabbing on this fucking incel loser rn

>>12620445
not exactly the point of owning ma/v....

>>12621293
Absoluetly will be 2 0.25% rate hikes this year. Likely one at next meeting, march 19, another in the fall, sept.18.
He already indicated this but the slowing housing market meant he couldnt do it yesterday.
Still 7+ weeks before the next meeting though and ill be moving shit into bonds 2 weeks before in case he decides to open his mouth and scare the fuck out of the market before hand like in December.

NVDA!!!!
UP!!!!! UP!!!!!!! UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>12621274
What happens if you hold SQQQ for a long time?

So what are the implications of a reverse stock split and my little meme stock?

I just got burned by honda today so I'm looking for some good news

>>12621389
You make babby.

>>12621389
it naturally decays over time and they do a reverse split when it gets too low

>>12621406
Cool. So you should only buy SQQQ as a short term play? Not "I think the market will be lower in 6 months" play.

Puts looking great.
Bear day.

>>12621393
*on my little meme stock

I am of course talking about MGNA

If only I had more money to fuck around with.

vix doesn't look bearish. i believe that this bull run will continue until spy 290

>>12621517
bullish*

Shit day today. Fuck you ATVI

>>12621583
>buying blizzard

>>12621583
They literally haven't had anything bullish happening for months. Blame yourself, kek'd.

>>12621213
>>12621150
Keep your ears to the ground for opportunity. I had big luck buying the bottom, but anyone paying attention to the big marijuana companies would have read about Altria's 40% stake purchase at 19$ .

Opportunities are for from over for the marijuana market my bros, just keep at it and keep watching

>everyone euphoric as fuck
>loading up on SQQQ
>comfy as fuck

>>12620446
So I bought some a while back after doing a little research because I thought it was a cool idea “lets turn waste water in to fuel” but after the rs I dug deeper and even though I want it to go up so I can get rid of my bags I feel inclined to let everyone know what I found. So magnegas was “invented” by this guy Ruggero Maria Santilli, who wikipedia considers a fringe scientist, now I dont like to shit on people that go against the scientific norm because that is where breakthroughs come from, but this guy absolutely did not go about it the right way. Which makes his claims incredibly suspicious. He only publishes his findings in his own controled jornals with co authors that may or may not be him using aliases. He claims this magnegas is composed of hydrogen that has undergone a new type of molecular bond that no other independent institution (that he doesn’t own as far as I can tell) has been able to demonstrate. This is absolutely not the way that science should be conducted and makes me incredibly suspicious of his claims. Does that mean magnegas is bullshit? I don't know potentially, maybe he is onto something and really is a genius who is being “suppressed by mainstream science” but that seems very unlikely. I’m not a physicist, but I do work as a research scientist in biology and these kinds of paradigm shifting claims that magnegas is based on need to backed up by significant independent study.

>>12621805
The self published journals are high sus

Any truly groundbreaking technology or discoveries are usually kept secret - at least the profitable details - from journals

>>12621772
The market has been euphoric for more than 100 years. This is nothing more than a blip.

CRON IS GOING TO 25
BUY NOW OR MISS PROFIT FAGGOTS
FUCK BOOMERS WHO THOUGHT WEED WAS A RISKY INVESTMENT AHAHAHHAHAHAHA

>>12621012

those are some based gains

SPY about to make me dat daily put money

>>12621864
Bought at 18.36 off a tip earlier this week from here, wish I would've known about it sooner instead of hoping for a Nintendo moon from smash.

are you taxed on every sale, or just on total profits for the year?

>>12621895
profits
short term<=1yr: 15%
long term=>1yr: your regular income tax rate

futures/index options (not ETF options) = 60/40 split (long/short-term)

the good guys won

>>12621818
Exactly. And you would expect the first company (MagneGas) to bring something so groundbreaking to market would be incredible profitable and disruptive. This stuff has been around for a while, and the company has been hemorrhaging money for years. Maybe the problem is the guy doesn’t know how to run a business. But I would expect something that uses brand new physics to make something with more energy density than normal chemistry, that burns hotter and cleaner would essentially sell itself. Every scientist I know would love for some cool new breakthrough to happen, but would need a mountain of evidence to accept it. Maybe the “scientific elite” has been blocking him from publishing in real jornals and suppressing all these other scientists from publishing their papers confirming his ideas. But I think it is far more likely this guy is a charlatan. And that does not bode well for MNGA

Holy shit. I bought 3k shares of MNGA yesterday. Woke up to 150 shares. Sold them instantly for 500 bucks of profit. Feeling pretty good.

>>12621965
Wait... does Robinhood not recalculate the total gains? Fuck should have checked my spreadsheet. Brb calling robinhood support.

>>12621965

Fake news, MNGA did a 21-1 reverse split.

So at .21 with it dropping even more ~20% today your shares sold today were really worth .16 cents

Reverse split is NEVER good and usually ALWAYS results in stock dropping heavily after Reverse Split

Please explain how you made $500 profit.. you would have to buy in at .10 cents or so

t. Former MNKD shareholder

>>12622012
Goddamnit...

>>12622011

Oh didn't refresh and see this

Yeah I was about to say if you bought before the reverse split and it went down today your total gain should be for a loss

..Now this I'm considering buying

>>12620906
>>12621012

https://www.nasdaq.com/press-release/material-science-company-gauzy-announces-second-factory-in-stuttgart-germany-to-produce-research-20190201-00471

Should I buy CRON or MO??

>>12622049
Buy ACB

Why would you buy CRON at the top

>>12621965
>>12622032
kek

>>12622049
FOMO into these weed stocks is going to burn some tards on biz

>>12622057

Buy REFR

>>12622043

>>12622049
I've been in ORHOF for a while and it's treated me very well. It's been slowly climbing in value and has a low marketcap, around 400M.

Short everything.

>>12622077
?

>>12622012
Yeah it hurts right now.

am not telling you for buy GPRO for massive 100% gains after earnings this guy

but buy GPRO!!!

>>12622077
kys

threadly reminder

>>12622077
I shorted your life lmao

>>12622095
G-d shorted your dick.

I mean look at this. Had a huge buy order ready at 5 for a while, finally got down to 5 and got fully filled.

E
A
S
Y

>>12622077
Haha. You had your fun. Now this is our time.

>>12622077

*flicks cigarette butt off your forehead* short this

>>12622089
and bear in mind its doing this on a fucking friday in the OTC
in the pinkies no less
your nice entry a ded, but keep an eye out for FUGHUGE dips cuz this shit is manipulated as hell

>>12621314
ACB up almost 4%, every dude weed 420 stock but SMG doing well today, but SMG needed a red day i suppose

>>12622135
Now thats a low price

Who /buyingbondfunds/ here?

>>12622178
the scheduled Bil dip activated

>>12622178
My bond portfolio has more risk than most, but if shit goes right good returns.

>>12622192

>>12622154
and if yall had listened to me last week, early this week, you couldve got on in 0.0008 senpaitachi.
its a YUGE gamble, no doubt, but thats the whole point of playing shitstock sub-penny memes. dont go in with ur whole net worth, but it looks like itll be a fun meme with all this new CFO hubbub thats getting spitballed around

heres some goy i saw from ihubs write up (more speculation than anything, but wtf ever. news is news, even IF its fake and gay).
(cant bost bic cuz too big for hiros microdicked servers, so heres link)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146448733

this new CFO is not some rando OTC scammer. dudes got a pretty solid background (fuggin monster cables ffs. those are the best cables in the biz)

keep an eye on it, cuz the MMs over there are fucking terrorists, so we still very well might go back to trip zeros again next week. who the fuck knows? but if volume stays up, its liquid and fucking trade-able at the least, which is more than can be said about most OTCmemes, let alone a pink.

>honda stayed about where it was
>MNGA choked
At least my 10 shares of NVAX are doing okay

>>12622220
sitting right in between its upper keltner channel and the 3rd resistance pivot point. volume is staying pretty high. prolly not the best time to buy rn (tho running on a friday in the OTC is a good sign that monday could be fun), but if youre looking to do some high stakes memeing, set some alerts on this cocksucker

>>12617633
How does Etrade compare to TD Ameritrade?

>>12622311
Same shit, except Ameritrade has a better trading platform, ThinkOrSwim. They both have garbage fills.
Go with Interactive Brokers.

>>12622311
i use them both. etrade for my long term big boy account and TDA for shorter term degenerate gambling

Move over CRON as the sleeping giant APHA has awoken. Once news hits of Health Canada approving their already built expansion I can easily see this thing jumping past $20 USD.

>>12622351
I bought 24 shares of CRON back at $15. I feel pretty good about it. Should I buy more?

>>12622351
Good thing I've got both

the real rate of inflation is equal to the rate the 401k limits increase. in 2019, 401k limits increased from $18,500 to $19,000, so the rate of inflation was 2.7%

The dude weed bubble is going to get a kick in the balls next week with their earnings.

OOF

Why is cronos unavailable for trading?

Is 50k in dividend paying stocks enough to retire on?

>>12622400
yea prolly
im out of all dudeweeds rn and looking for some shorts if ERs are as shit as i think they might be. know better than to jump in early against the tidal wave of normalfaggots throwing their whole net worth at horrendously poorly financed companies in an effort to become the dudeweed barons of tomorrow. FOMO and delusion are powerful things

>>12622406
its not?
orders are goin in rn from what i see

>>12622417
50,000 yielding 4% gives you $2,000 per year so probably not.
calculate your expected yield (say 4%) and then divide that by how much you want to earn per year. so $30,000/0.04 = $750,000

>>12622429
Yeah it's still trading but for some reason it says this instrument is currently not available for trading

>>12622057
Why is there so much toxic news on ACB?

>>12622446
>Why is there so much toxic news on ACB?

They have a debt problem.

>>12622417
no but its enough to pay off your car insurance for life and reduce grocery cost

>>12622446

[[[[they]]]] want cheap shares

>>12622012
Between MNKD and ETH

MNGA, what happened? Why did it close ~0.24 and open ~3.00? And my 612 shares turned into 30?

Meanwhile AMD could be about to go on a run to 30 again and maybe surpass resistance. It's just past 24 resistance and still going strong.

>>12622476
Evidently a reverse split from what you describe.

>>12622419
This is the Tilary office of a 7.5 billion market cap dude weed.

I plan on Using TD for my real long term stuff and Robinhood for my fun, non dividend paying stocks. Is this a terrible idea?

>>12622497
>using robinhood
>ever

>>12622513
>paying fees
>ever

>>12622517
>being poor
>always

>>12622417
if you re-invest divvies and let it ride for a couple decades, sure, prolly
if you fell for the div income meme, then no, obviously not (unless you can live off of like $2k per year somehow)

>>12622444
idk m8, im not trying to fill anything on the dudeweed rn, so i cant really tell. but schwab isnt giving me any red tape, and its definitely not halted.
wat broker?

>>12622464
this is retarded
first, (((they))) prolly already HAVE the cheapies.
second, every single dudeweed company right now is the pinnacle of a speculative bubble. some of these companies """"headquarters"""" are at dudes apartments, and the debt loads some of them have are fucking unheard of. meanwhile, were heading into the first quarter of actual revs for these things after legislation. meanwhile theyre all trading at levels that are hundreds to thousands of %s higher than this time last year.

see >>12622495

>>12622513
>>12622517
>>12622520
I love you guys.

DRUS cruise. Full speed ahead!

>>12622494

Problem is RH reported me from being well negative (bought 612 at 30 cents), then when the split occured i was up 100$? But shouldnt i still have been negative?

>>12622534
idk m8, im not trying to fill anything on the dudeweed rn, so i cant really tell. but schwab isnt giving me any red tape, and its definitely not halted.
wat broker?

Markets.com

420 Weed dude :^)

>>12622497
>I plan on Using TD for my real long term stuff and Robinhood for my fun, non dividend paying stocks. Is this a terrible idea?

I do the same thing with my Schwab account. RH is for fun and bullshit playing around with meme stocks and options.

>>12622551
After the split, RH is retarded and counts your but in as 0. This isn't hard to figure out man

>>12622478
absolutely hilarious meme, friend

>>12622548
BASTE

>>12622553
im unfamiliar with these guys desu, and they look better than most browser based trading plats, but you might wanna look into getting a different broker
what country you in?
im sure folks in here have good suggestions

So Robinhood gave me a generic message about reverse splits, but they did say the fractional shares will be paid out later. Still now word on my lost money tho.

>>12622497
This is what I do. Got about 17 thousand in TD Ameritrade, and 9 thousand in Robinhood. I swing trade Robinhood, which helps keep me active and paying attention.

>>12622417
500k is around the minimum for living off of dividends. It should net you somewhere between 20k and 30k in div income a year. However you will not really be able to grow your divs if you live off of it, and there is a risk if there is an economic downturn.

>>12622592
>doubting AMD

The future is bright for those who buy now.

>>12622592
What's so funny?

>>12622604
>9k in RH

Man, that's more than I was ever planning. I got about 15k with Edward Jones and about $850 in RH.

What the fuck is up with bonds? My bond portfolio is getting dabbed on.

>>12622637
bonds wont bottom out until interest rates stop around 2021

>>12621965
>>12622604
I was sitting on 4500 mnga shares with a nice little profit. I put in an order on Robinhood during pre-market to sell my shares then went to bed. I woke up with a text saying my order was canceled and 200 less dollars.

Short Nike ASAP.

>>12618147
Based V killin it today. Shoulda bought more yesterday but im glad i have some extra cash to buy this SNE dip

>>12622600
UK. I suppose I could try trading 212 or something.

>>12622617
Well I actually only put 7k into Robinhood, I did really well last year.

>>12622660
I'm in contact with Robinhood support. I think MNGA are a bunch of fuckers for randomly reverse splitting, but I'm suprised the Robinhood platform isn't built to handle such a situation.

>>12620135
>be sony
>expected EPS $1.82
>reported EPS $2.93
>drop 9%

>>12622706
I already sold what shares I had and took the loss. MNGA is rebranding to Taronis Technologies.

>>12622387
Wut?

>>12622706
Honestly, I only have two different stocks in RH. I got 30 shares in APHA and 24 in CRON. I don't have any real longterm plans with them, just hoping they eventually increase by 50% and I can sell for a bit of profit.

>>12620445
>DIVIDENDS ARE YOUR FREN

>>12622728
I call it the RPI, the retirement price index. the best way to measure the value of the dollar is how quickly it maxes out your 401k accounts

>>12622713
its not hard to believe. Not only was it a multibagger the past few years but Japanese conglomerates in general are amongst the worst performing stocks. Corrections expected

Redpill me on REFR

>>12622660
I had the same thing happen, I had it set to sell when it went below the price I bought it at ajusted for the rs. I expect it is because they relisted it with the rs so stop losses were cancelled and then they dumped the shit out of it the second trading opened. I’m going to hold onto it forever to remind myself not to buy pennies without extensively researching the company.

>>12622400
*except companies which have announced expansions into foreign markets. I think everyone that's hodling understands it's still speculative and that earnings today aren't important. It's you damn degenerate traders that are the problem.

>>12622684
im pretty sure we got some bongs here ITT, so they might know better, but the one we always shill at the yuros (and is generally accepted as the best option for across the pond) is interactive brokers. similar deal as your current one, where you can trade all sorts of FX and derivatives and stonks, and you can also easily swap your settled cash to different currencies if crazy FX happenings happen

dunno too much about it being usable over there, but if it is, you should look into it imo

>>12622767
Because (I’m pretty sure) the whole thing, the product and the stock manipulation is a scam.

>>12622766
all in

>>12622776
I have people that don't invest asking me about buying weed stocks. It reminds me of crypto FOMO with shitcoins. There will be money to be made and good companies, but its too soon for me to put my money in.

Remember how Canadian stock exchange was giving away the POT ticker via lottery (because so many pot companies wanted that ticker)?

>A tiny Vancouver-based cannabis company whose former ticker was YOLO, short for “you only live once,” was declared the winner of the POT stock symbol lottery in Canada.

we've reached peak meme.

>>12622807
Prime reverse buyout target.

>>12622807
>As of 11 a.m. today, on what I am going to assume is not much other news, YOLO/POT was up about 57 percent on heavy volume, suggesting that the POT ticker in Canada is worth about $15 million Canadian dollars, a relatively modest amount but still about half as much as the company’s actual business

KEK

>>12622807
Dude weed is literally the crypto shitcoins of the stock market

>>12622745
According to...you? I mean it's a stretch but I can see the logic somewhere.

>wti above 55

It's finally happening. The breakout has begun!

>>12622782
Thanks

To the retards who said that GE wasn't undervalued a few weeks ago and advised against investing in it:

LMAO.

Load up on SQQQ at close. We are going to retest December lows. This is literally free money.

>>12622880

mfw not buying GE at 6.75.

GO AWAY BEARS

>>12622800
Right now it's all about finding the dominant companies and having the capital and patience to ride it out. I have about 6k total in dude weed total, Canopy Growth, Canopy Rivers and Quinsam (a micro banking solution/financing firm for dude weed Canada, pays a 2% div.) I got in early in most of this, I know it'll be up big in 10 years, but anyone who pretends to know what will happen in the mean time is full of shit.

SMG
MRMD
KSHB
ACB
IIPR
CGC

Weed, dude

SQQQUAD WHERE YOU AT?
RED DAY INCOMMING!

>>12622880
Even overvalued shit rises in a propped up market.

>>12622822
False. Dude weed is based on a real, in demand product. Shitcoins are 0s and 1s floating around a series of tubes.

>>12618149
>2 key 0 raw
hmmm...

>>12622807
fucking capped desu
this whole industry is such a fucking shitshow
the REAL money is gonna come from industrial production of hemp as various materials alternatives, but all these stupid faggots are focusing exclusively on the rec market without factoring in:
>1) black market grow ops can still undercut them hard
they have decades more exp, better, cheaper distribution (for now), and dont pay taxes. not to mention most legislation comes with stipulations that allow growing your own. many rec smokrs do this already, and with the criminal charges out of the way, certainly more will join in.
>2) the rec market will not grow simply because of legalization.
the medical market MIGHT, but thats not where many have all their eggs rn
>3) stiff competition.
theres dozens of these companies and theyre all trying for this same market share (which is currently hard to gauge due to its illicit status in many places). ultimately, likely only one or two companies currently will survive this initial landgrab
>4) the financing
the financing on ALL of these companies is a fuckng nightmare. theyve all borrowed as much as they can to get an edge over one another (no doubt at some ugly rates). they need BIG revs and FAST, or dilution, r/s, and all number of other nasty surprises await them going into next year imo

meanwhile, the hemp memes are basically non-existent. hemp is WAY easier to grow, legal in many more places, and can be used extremely effectively to replace all manners of different types of materials, from plastic, to fabric etc... and at SIGNIFICANTLY lower costs

>>12622865
np bud

>>12622929
I live in a legal state and it's a bubble regardless.

>>12622945
Weed hasnt even begun, its not even federally legal yet

>>12622945
yea its better than shitcoins desu
but from these levels it might as well be the same thing
ZERO basis in reality

>>12622929

>dude weed

>>12622960
>burgers in charge of knowing anything about the outside world
and im saying this AS a burger

were talking CANADIAN weed companies senpai
its been rec legal in all of canada since last fall

>>12622902
Fuck yeah

"everybody hang on, this can get little rough"

https://www.youtube.com/watch?v=65I1AMRFdGo

>>12622960
Not even going to try and talk sense to dude weed tards anymore. Lose you money I don't give a fuck.

>>12622963
They are delusional.

>>12622980
yes, but considering the us has 400 million people and Canada has 40 million it would be a massive boom when the US legalizes it.

>>12622980
Those very canadian companies are moving into usa for hemo and cbd production and foaming at the mouth to produce and sell here

>>12622994
>when

Bulls were laughing this morning.
Pretty quiet now.

Short everything.

>>12623001
Nigger I have been laughing for a month straight.

>>12623013
Cool, I've been laughing since October.

>>12623013
Imma put you between my cheeks and press you into a shitcoin

>>12622994
>>12622995
>it would be a massive boom when the US legalizes it
>foaming at the mouth to produce and sell here
but they cant yet

call me when we get congress to do fucking ANYTHING fampais
let alone something helpful

if buying and holding for a decade is your plan, dont let me stop you
just do your fucking homework on the liabilities sides of these balance sheets, because dollars to donuts, 90% of these companies wont make it till then

>>12623001
>>12623013
Thanks for the cheapies :^)

>>12623013
hey i bought some in jan too. feelsgoodman

but 2700 on SPX is my magic number
if i see it hold this and bounce off it, im back in again. if not, there should be some good shorts in the near term.

or as you guys call em: cheapies

>>12622945
>>12622971
I'm not saying it's perfect, but it's a tangible PRODUCT that people want for personal use. Crypto is an intangible ASSET that traders want other people to want. Not enough close to analogous.

>>12623001
It's definitely great for my iron condors.

do i buy VTI and chill or try to pick out stocks that have doubled that growth in the last decade like V, MC, all the tech memes, etc

>>12623056
Cheapies?

>>12623056
It's closing under 2700, my son.
Embrace the bear market.

>>12623015
Nigger my parents were laughing at you. Getting dabbed on for 100 years.

I sold my Vanguard ETF in October, when do I buy back in lads?

>>12623066
Never.
Buy 3x leveraged s&p calls

>>12623029
>call me when we get congress to do fucking ANYTHING fampais
Like legalize domestic hemp production for industrial purposes? What's your phone number?

>>12623065
Your parents are Jewish slaves that were wiped out in the 2008 crisis and have barely recovered.
I've been spending their money ever since. I'll be spending yours very soon.

>>12623065
funny how seething bears never post stock picks,
its just "me hate the world, me short worlds top index" lmao

>>12623082
You sound upset? LMAO at the state of bears.

>>12623029
>A decade

More like 2 years, MAX. More and more states are going to legalize it after they see how much money they can make in taxes and then the fed will be forced to legalize it.

China looks like a nice meme to buy after their current stimulus flows into the economy.

>>12623100
>u-u mad!
>calling anyone a nigger
Post your portfolio.

>>12623115
Seeeeeeeeeeeeething bear nigger

>>12623115
>post your portfolio
oh he mad

>>12623123
>more meme pictures than cash
state of Bulls.

>>12623115
>Post your portfolio.
yikes! maybe you should post yours :^)

redpill me on gold stocks

>>12623138
Just buy gold

>>12623127
>>12623131
Your turn.

>>12623115
SEETHING

WFT

>>12623138
They basically trade almost identically to the price of gold, as most commodity gathering stocks do. The advantage is that you have the potential to get dividends, but the downside is that it can also go bankrupt.

>>12623151
>he has this much money and still posts on biz
Yikes!

>>12623151
So do you just keep moving money to and from that account to keep up with appearances?

>>12623167
>>12623170
LOL cope.

>>12623061
baste and condor-pilled

>>12623063
i agree obv comf
but theres a thing called distribution and im not shorting the entire US market without confirmation

>>12623064
take a look at the chart senpai
notice how we took the fuck off the beginning of the year?
that WASNT retail doing that
those guys who caught that knife have big boy pants, bigboy wallets, and bigboy accounts.
bigboys need to take time and carefully pull their shit out rn without bogging the price. so THATS next

im macro bear too, but distribution is real
if you dont mind getting knocked around for a bit and sweating, go for it, but this guy >>12623061 is the one w the right idea for now

>>12623151

>tfw you loaded up on AMD puts a couple days ago instead of adding more cheapie SQQQ calls

JUST

I also put 5k into USDC today on Coinbase I'm thinking crypto might have a nice run the next couple months now that Binance is getting back into the ICO business.

Also buying more MKC and KDP.

>>12623151
Nice IRA, but post your actual portfolio.

>>12623194
Nice.

>>12623194
and we have a winner

Can we make NBEV a meme stock frens?

>>12623216
that's subjective. I've probably wageslaved for longer than anyone else here. those dollars aren't the result of trading meme stocks and getting lucky.

I want to cum in Japanese pussy

>>12623179

GREEN BEAN thread!

>>12623246
>>12623246
>>12623246

>>12623194
you literally made it congrats

>>12623234
Wagie cope lmao

What's the next PnD, friends?

>>12623234
lol no doubt
i just mean i think thats the high score for this general desu
plus your story is either very elaborate LARP (which i still respect desu), or legit, as you just mentioned etrade is your bigboy acct earlier ITT, well prior to this little altercation

either way, be careful flashing that kinda dosh on here imo. theres a lot of eyes on this place. let alone all the sketchy chink h@x0rs that lurk on warosu and shit like that
stay saef fren

>>12623273
Looking like WFT

>>12623291
:^)

>>12623336
on a scale of 1 to 10, how many percentage points are you down on that trade because of commissions

red day

>>12623060

crypto is a commodity if I'm not mistaken

>>12623273
DRUS
tho who the fug knows, all the speculative shit about a rev merger could even be correct. their subsidiary, howco, has 18 years exp as a contractor for federal govt, and this relationship has been increasing. no doubt, SOMEone would want a slice of that shit while its on a fire sale like this

but either way a friday like today bodes well for monday in OTCland ime

>>12623377
>inb4 congress rules it as a security
or rather, get OUT before that happens, amirite?

>>12623336
also, to put it in perspective:
you can unironically "thx just bought 100k" of DRUS for like $250 rn

>>12623361
Down 7.2% already :)))
Hoping for a gap up on Monday, otherwise I'll baghold for life

>>12623534
just sell that garbage and buy DRUS senpai

>>12622446
Because they dont have a deal with a major US company.
Its pure FUD bullshit "news" about how ACB is a shitty investment because some already established US company isnt holding their hand or dumping money in their pockets.
Best example of this is Motley Fool. Every fucking article is about how fucking great CGC is and some of the stuff they say makes sense until you read that they also have been backing constellation brands for a decade so of course they are gonna shit all over the competetion. The fact that aurora has come as far as it has without being almost bought out by wall street to me says a lot about their long term potential and business smarts. Im holding 3k shares and im not selling until aurora is dominating the global thc and cbd markets beholden to no one but themselves

>>12622936
Been buying some CVSI for this reason...thought about grabbing some CWBHF but haven't. Also looking at CURLF.

Thoughts?

>>12623534
well now ya blew it
shit went up another 50% on the day in the time since >>12623398 and now

>>12623814
>Thoughts?
ill have to look into em more
didnt see that there were companies that were this focused on the hemp side of things
seems very interesting

MGNA will bounce back, right?

>>12623862
no prolly not
new threda btw senpai >>12623246