/biz/ - Business & Finance

Fuck china

>>15265599
don't let your sinophobia blind you from the potential gains in CQQQ.

I liek Money

market crash will occur thx to name in my id

Fuck china
Fuck the EU

the market had me like

>>15265638
Ew

i dont even like investing and trading anymore

Why are we bouncing back

buy the dip now?

Fuck boomers

>>15265677
Can’t stump Trump

>>15265677
>>15265678
nope. market makers painting candles to dump on the bulls.

>>15265677
SP500 is going back to its fair value of 3000

>>15265677

Plunge protection team stepping in, providing liquidity and pushing the market back, it won't last, the week will end red.

>>15265579

Fuck you buddy. America has a decade tops before China has the largest economy in the world, and then any hope of containing China is out the fucking window.

>>15265619

Then he needs to galvanize his base and as many people as he can.

>>15265624

It isn't about workers, it's about productivity and automation. America had much greater industrial output than China in the 20th century. All of China's industry is a result of foreign trade with the West.

Modern manufactured goods are too cheap historically anyway.

IT'S BETTER TO MAKE THE SHIT YOURSELF THAN IT IS TO ENRICH ANOTHER COUNTRY

>>15265587
Can someone explain how china “wins” this trade war in any scenario? What do we even NEED from China? China NEEDS EVERYTHING. Seems like one side has more leverage

>>15265601
Yikes, my bad. Didn't realize she was a woke strong womyn who don't need no man.

douche bank 6 cents from insolvency

>GE fucked
>DB fucked
>inverted yield curve

yes, burn it all down.

>>15265677
market am SUPER on balance right now

chances that GE bankruptcy pulls the lid off on all the toxic pensions and insurance liabilities that were written and sold in bulk by phony capital groups?

>caught the ACB dip

>>15265748
GE really fucked? I don’t have the attention span to read 125 pages of sensationalist autism.

>>15265734

2019 China isn't the same China of 2009 or 1999. China has nominally more wealthy individuals than America does now.

The nightmare situation is that America does everything it needs to decouple from the Chinese economy, but China is still standing.

Historically, the country that ends up winning a trade war is the creditor nation, not the debtor nation.

Anyone catch Cramer on the today show?

He say anything good or interesting?

>>15265587
Is this "Moon edition" because we're gonna get a mega super ultra gap up to the moon on open tomorrow?

Pretty much red all around.
Lost 10 dollars so far and rising. Recession fears are basically fueling a selling fest and I'm dong everything I can to not just pull out everything and wait for the wild ride to be over. Yet every time I do pull out, I check the stocks and they will be higher within a week or so.

>>15265599
>Fuck china
sideways pussy is best pussy

>>15265858
lmao, he still think that we'll reach ATH again. we already had our double tops. it's time for us to experience a japanfication while china siphons our wealth.

All in bonds and gold, feels comfy as fuck. All gains no losses every day.

>>15265797
>I don’t have the attention span to read 125 pages of sensationalist autism.
Funny. That's what the SEC said when he brought Bernie Madoff to their attention years before his scandal blew up.

>>15265771
>toxic pensions
Oh shit, Liz Warren in the house. Hide the good wampum.

>>15265797
100 pages are powerpoint slides deliberately designed for idiots like you and me.

>>15265873
+50 social credit score

thinkn bout buying more acb

>>15265973
-1,000 Yuan

your blind optimism for burgers is showing. sorry sweetie, the commies are winning this round.

>>15265973
he right though O_O
china probably trying crash our econmommy like we crashed japans in 80s
the MO exactly same

>>15266002
ironically, japan only crashed because they agreed to the plaza accord. china views an unfavorable trade deal that handicaps their economy the same and won't sign a bad deal.

>>15266002
That literally makes no sense as Chinas entire economy is based on every other country (Including the ones noting a downturn) being stable and booming. If they tried taking other countries down they would simply burn. That's how deeply interconnected the world economy is right now.

WHY DOESNT GE GO INTO FREEFALL? WHY IS IT GOING UP AGAIN

>>15266002
NOOOOO not the Econ mommy

>>15265987
same bruv. somebody tell me why this is a bad idea.

>>15265896
Kek, that's true.

He detailed the Madoff fraud so comprehensively the SEC responded with "lol tl;dr"

>>15266065
cannabis boom is over.

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>Walmart and Coca-Cola lead market bounce back

everythings gonna be fine

>>15265819
China is always the same. And every year i hear about “record numbers” of rich chinese trying to flee(the government like to make it so you cant). China is fucking retarded. They need us depserately. T-bills for stability and real cash and our dumb population buying products made in china. We can severely limit our need on this country and hindred their imports of important goods if it became a real trade war. And on top of it all china lies and cheats so much it is extremely untrustworthy, no one wants that shit. Bit coins has gone up 1000s of time and no one wants that shit. People want stability. And 1 country offers it.

>>15266092
I just wanna grill for God's sake

>tfw Tim Apple

>>15266085
>over
lel

>>15266002
so short the market

>>15266002

based retard

>>15266113
>NTDOY
you’re right though they’re gonna make a killing with the switch lites

based shorters dropping ACB

canntrust is done for

>>15266026
>>15266038
japan would've been fine even with accord plaza if they had higher interest rates.

oh shit, the burgers have almost 0 interest rate and they'll get into a liquidity trap.

>Trying to deflate speculation and keep inflation in check, the Bank of Japan sharply raised inter-bank lending rates in late 1989.[11] This sharp policy caused the bursting of the bubble and the Japanese stock market crashed. Equity and asset prices fell, leaving overly leveraged Japanese banks and insurance companies with books full of bad debt. The financial institutions were bailed out through capital infusions from the government, loans and cheap credit from the central bank, and the ability to postpone the recognition of losses, ultimately turning them into zombie banks. Yalman Onaran of Bloomberg News writing in Salon stated that the zombie banks were one of the reasons for the following long stagnation.[12] Additionally Michael Schuman of Time magazine wrote that these banks kept injecting new funds into unprofitable "zombie firms" to keep them afloat, arguing that they were too big to fail. However, most of these companies were too debt-ridden to do much more than survive on bail-out funds. Schuman believed that Japan's economy did not begin to recover until this practice had ended.[13]

>>15266158
but issue still stands, america forced them into the corner. they could have done A and been okay or B which led to the asset bubble. B is what was chosen. China has always had the idea that the plaza accord directly led to japans downfall. they don't want to be forced into a bad decision. doing nothing is better because that is what they prepared for.

>gold and silver at 52 week highs
crashhhhhh

PHEW
It's over then?

I'm so happy I'll be able to tell my grandkids that I survived the Great Stock Market Crash of August 2019.

Guess it's time to buy that dip then!

>>15266181
the market will go down if nothing is done at all lol. china actually managed to fuck up america. well played.

He needs to do his job and cut rates to zero now.

plunging right after bell rings

Campbells soup such a /comfy/ and /based/ hodl

>SPY just swings +-$3 like no big deal everyday now
yea it‘s whatever as long as im green
remember to count your blessings to Su Bae

You're kidding... I would've made MORE money if I'd hodled my russell short?

glad I ditched tvix though, thanks for finally giving me a chance to make back some money, yield-curve-chan!

Anyone buying this GE panic dip?

>>15266334
I'm not touching GE until this shit gets resolved and they have a decent number of quarters.

>>15266334
If the guy hadn't caught madoff then sure. Not touching GE fren

>>15266334
no. ge looks pretty boned

>>15265819
>The nightmare situation is that America does everything it needs to decouple from the Chinese economy
The Fed has to cut the rates. With the dollar that strong it's cheap to import chinese stuff. We don't want that. We want to stop importing and start exporting which is much easier with a weaker $ but right now the whole world is driving up the $ by buying into it to get those juicy yields.

LOL ACB MOON HERE WE GO

>>15266334
>khc has accounting issues
>drops
>hey anons lets buy the dip
>drops
>j-just DCA down, buffet himself holds this stock!
>drops
>ok it‘s a longterm hold but we ca-
>drops

>ge has accounting issues
>drops
>[You are here]

>>15266038
not mean this in any meme sense but china could care less as long as they cum out on top

Should I learn about economies extensively before starting to learn about investing?

>>15266371
nm kek

>>15266224
This. So glad things are going back to normal. New ATH in a month or two

Ding ding ding! How did everyone do today? I'm down another 1.63%, bad but not as bad as I was expecting. Sold my CGC puts at open for 500% on the dot, looks like I could have held them for longer :(
What did they say during the conference call? I haven't had time to listen to it yet. Are they going to 21.00? Because it looks like they might go to 21
Also entered small short on TLT, definitely NOT a frustration-gamble

>>15266372
>>15266342
>>15266352
>>15266362
Thanks just bought 1000 shares.

>>15266380
no, it's all about memes. you posted a meme, so you're more than qualified to trade.

>>15266380
no
at the end of the day, all it takes is one tweet to turn things upside down. just feel it out

>>15266397
You think you're being clever and I agree that you shouldn't short overshorted stocks normally.
Accounting fraud is an entirely different animal, especially at this scale.

All in on 8/19 280p $SPY and 9/13 7p GE

>>15266393
I traded flat, IV is just too insane and props up these premiums. I might actually buy Tbonds Mon-Wed and only hold covered calls the rest of the week if iv stays like this.
>sold cgc puts for 500%
>still down 1.63%
jesus christ thats BRUTAL

>>15266397
My condolences

>>15266393
I'm up 1.4% because of T Babies, WKHS and Cramer pumping up my REAL. Bought more AMD too. Decent day.

>Reuters - Canopy Growth needs another 3-5 years to turn profit

Why the fuck did I but MORE afterhours yesterday? What in the hell is wrong with me?!

>>15266393
+0.64% today
>(-16.52%) All Time
My losses are accelerating and my hope for the future diminishes.

>>15266427
@2.25 and .07

>>15266367
If recession happens it happens no avoiding it. Just make sure you have your rainy day funds in the bank. Cause if recession happens you'll just have to go long on everything and wait it out. You only lose your money if you sell m8. Stocks mostly bounce back. Don't panick or rush.
You say you buy SQQQ. You should take a look at some of vanguard's index funds. They perform extremely well.
Just do crypto for fun. It's mostly all pump and dump now. But there is some good money to be made if you pay attention to some of the crypto /biz/ shills just buy alil bit and if it does too bad but if it grows it'll grow extremely fast so you can make alil money off of it. Don't get greedy though.

>>15266439
>canopy
>not acb on todays dip
lel

>>15266393
flat day, had too much cash so
new bollingerband madness: CAKE, XOM, MMM, and Short Bonds

You know, CAKE seems fine. theres nothing publicly available to justify this drop so Im assuming its the low operating margin

>>15266372
lel

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/aurora-cannabis-acb-bumps-credit-143536460.html

>not holding ACB

>>15266393
Down 2.23%. I got fucking /PHUN'd/ two days in a row. Every day I think it can't go lower, and every week we hit a new ATL. It won't be long before it gets delisted or needs a reverse split.

Quick survey: what do you think the S&P ends the week at?

Currently 2847.60

>>15266393
Just another day in the crab market

>recieved $160m more in credit from Bank of Montreal
easy

>>15266393
Down 1.3% but pretty pleased with results overall. RVLV FINALLY recovering because even Cramer has caught up to shilling it.

DF suffering hard, not sure why but buying the dip for sure.

statistically my worst day ever but I'm oddly not upset. I guess the years have tempered by reactions like cold bitter-steel folded thousands of times. A honed edge to slice through base reactions.

heh, i'm pretty based.

>>15266505
2820 by eow, most people will not hold strong for the wknd imo

>>15266393
Increased my portfolio by 3% trading the NQ

>>15266393
Down 4 percent. Fucking NBRV

>>15266505
2850-2900. Schnippen schnappen.

why would CEO buy stock recently if GE was really fucked?

>>15266514
i wonder what the under writers were showing for ACB. it nearly doubled it's credit line today

>>15266505
hard for imagine people who still willing sell are left after 10+ dumps at this level
we need atleast 2880 and see what buying like there again

>>15266233
100bps cut in September

Otherwise he is crashing this market with no survivors

>>15266372
headlines: millienials are killing grandpa stocks

>>15266552
He's just gambling that it can recover like everyone else. He could be wrong. But he has better info than we do.

>>15266552
Tax shield when CEO loses principal and gets to take the deduction

Also, plausible deniability
>I had no idea about accounting fraud I bought moar really I did I luv GE pls bail me out Big Govvy Mommy pls bail me

>>15266552
One reason people do this:
So people like you notice and gain confidence in The company.

>>15266452
when i set up a roth, im definitely going vanguard. do they have short etfs like SQQQ? google only comes up with "short-term _____" for vanguard.

the problem is, i dont have much of a rainy day fund, technically. ive got almost 10,000 from inheritance in the bank i kept out of the market so i could put it toward a downpayment, but my own "savings" of about 4,000 is all in the stock market, except for the 800 i liquidated at a slight profit(plus the good divs that robinhood makes it hard to enumerate) today.

but i guess as far as real estate goes, theres very little in my range on the market now, so that 10,000 could serve as a rainy day fund while i wait out what i have invested if they never go green before a recession

>>15266583
Ask if Jamie Dimon knew about the London Whale before he saw it on the news along with everyone else.

>>15266587
No more plausable deniability. In wake of recent scandals, law says he will also go to jail for accounting fraud.

>>15266393
Up 3.93% - WMT helped me out. We sure are crabbin now

>>15266608
I think there are rules against using tax deferred accounts like IRAs with those triple leveraged inverse ETFs, you should look into it.

>>15266399
>>15266405
That's settled.I guess I will study economies then.

https://twitter.com/Benzinga/status/1162097380407291906

NVDA handily beat, currently up over 6% after hours

Did Nvidia meet/beat earnings? It's mooning right now.

Nvidia beat on top and bottom lines.

>>15266703
>>15266713
nvda moon means amd moon
thank u su

Told you Su-cophants that Huang was also a beast.

The fuck is up with NRZ? It’s basically at Dec. 2018 levels.

>>15266502
damn, i bet weed does well in a recession, too. though i bought some MJ and have only lost money to it

>>15266700
Told you niggers

>>15266502
>>15266758
and now that i look at it, fuck do i not like the look of that chart for ACB

>>15266085
>Over
I'm really glad /biz/ isn't smart enough to pay attention to "flyover" states. Fucking lmao they got you herded.

>>15266769
>trying get me to selp acb
lmao! mini moon rn.

they literally almost doubled their credit line.

all other cannabis stocks are huge risks

>>15266695
based boy

>>15266700
NVIDIA/AMD are absolute power houses.
Who even needs Intel anymore?

>>15266758
>i bet weed does well in a recession
Well, millennial's like to waste their money on things that hold no value and/or depreciate in value. So, I imagine it won't go down too much.

Also, people that say you can't get addicted to weed are fooling themselves.

>>15265677
full moon

66 billion market seems small

https://www.grandviewresearch.com/press-release/global-legal-marijuana-market

>>15265856
here's the DD

https://money.cnn.com/quote/forecast/forecast.html?symb=ACB

>>15266797
do what you want nigga, i keep making huge gains and losing them all. twice now ive had the urge to sell at the top and deferred to potential profit, now im down $41 all-time, but seen about $60 from divs that isnt calculated in that

>>15266824
mental addiction is an entirely different animal, but not worth discounting. obviously heroin stock would be much more lucrative, but you see drug rates decline in other countries that have legalized certain drugs. but i think a recession is good for any drug, regardless of generation at the helm

>>15266854
Because it is small, imagine the crypto market but without bitcoin

>>15266393

Garbage. Garbage day. I had two stop losses trip right near low of day and missed a 1% bounce on each.

Loaded up on Green Thumb Industries and feel pretty good about the entry. I didn't listen to the CGC call. Their revenue was fine but they burned cash pretty bad, not even close to profitable. A bit more downside to come before it looks really attractive to me. $21 is a stretch. I'm thinking $24.50-$25.50 ish??

No no no no noooooooo!

My swing trade is going lower and lower!!! Make it stop!!!

>>15266854
>Legal
So it's a fraction of the greater weed black market.

>>15266608
>when i set up a roth, im definitely going vanguard. do they have short etfs like SQQQ? google only comes up with "short-term _____" for vanguard.
Pic related. Unless I don't know what your saying. But Vanguard's VTI has a 12% average yearly return that's why I recommended them. Don't know why you'd bother with short term. But I'd DCA VTI. They've got several well performing indexes just check them out and see what your more attracted too.
>the problem is, i dont have much of a rainy day fund, technically.
You really need to secure that. If you lose your job or something really bad happens and you need emergency cash you really don't want to be forced into drawing your money from the market when it's down. Your $10,000 sounds more than enough though. People reckon 3 months your salary for rainy day but it kinda depends.
>but i guess as far as real estate goes, theres very little in my range on the market now,
Even if there is very little in your range for the market you should do some arithmetic and see if you wouldn't be saving alot on rent if you just went out and grabbed a house now. You might be able to get lucky at a bank auction for a property.
But even if the monthly payment is alil over your rent remember that atleast your money's not wasted. It's actually going into an appreciable assest

I really should've sold MAXR when it was close to 10$. Oh well, I guess I have to buy more when it get close to 5$.

place your bets, opening red or green tomorrow

Is now the time to be getting into stock or am I fucked for a while? If now’s good then where do I start guys? Is there a decent /biz/ guide to this shit??

>>15267020
IT'll be green this week and red next week.

>>15266393
I was entertaining the idea of shorting the TLT earlier today, just don't want to get caught out by more people piling in if the market's down again tomorrow. Usually, after a run-up like this, TLT sees some big short-term drawdown, regardless of macro or fundamentals. RSI yesterday was at an insane level (83.9). Looking for a good entry though, possibly tomorrow.

long alcohol stocks, i see myself investing in a lot of it in the near future

that was a joke, but seriously recommned me some alcohol stocks because if we hit a recession alcohol should be going to the moon

>>15266965
i pay 700 to rent a room now, my property value range(for a tiny condo) is about 200,000, and i dont have a lot of leeway on that number. mortgage payments plus HOA fees etc seem to be 1100-1300/mo. 1100 being doable and 1300 being in the realm of "im not sure". doesnt help im a casual longshoreman, which means my main source of income relies heavily on international trade, mostly with china. (i work at the port of los angeles). i also do uber as backup, but my car gets shittier as time goes on, so i cant even fully depend on that as a backup, though generally thatll net me 800-1000/mo. i should probably do that more to start preparing for shit hitting the fan

thank you for reading my blog

>>15267051
Just go for dividends and forget about the market for months. That's the only advice you should take from here.

>>15267051
If you plan to hold for a while, it doesn't really when you come in because stock will always go up and down. Hence why retirees buy stock with dividend.

Reminder in 30 years the dow will be above our current high, so just play the long game.

>>15266862
thanks bby

>>15266824
>millennials like to waste their money on things that depreciate in value
These are the same arguments pushed by people who like to blame millennials for the slowdown in new auto sales.

Boomers sure liked drugs in their younger days, and many of them still do.

>>15266905
This x1000. It’s more “habit forming” than addictive, it’s easy to shift to a lifestyle around weed and then, when you try to remove weed, it becomes difficult to adjust.

Are you sure RH doesn’t calculate dividends in? It doesn’t lower your basis or anything?

>>15266700
You ever check out that show of his on showtime? Looks like it could be a fun ride.
https://youtu.be/TwUEJCYObzk

>>15267093
>im a casual longshoreman
You might not even be able to get a mortgage until you level up. Have you asked around?

>>15267020

green. This kind of long legged doji on the S&P has a high success rate for green following day.

>>15267126
millenials can’t afford expensive depreciating objects.

>>15267126
>Are you sure RH doesn’t calculate dividends in? It doesn’t lower your basis or anything?
it doesnt reinvest them automatically, theres no way to do that on RH currently. i had to go to account>history>dividends and add up each individual payment separately

>>15267147
ive gotten pre-approved because my dad is willing to co-sign. also my year-to-date pay was through the roof at the time because in january everyone was still rushing to import everything they could to beat tariffs

Am I doing this right bros?

>>15267093
Anyone have alcohol stocks to recommend?

>>15267126
>>15267191
>Are you sure RH doesn’t calculate dividends in? It doesn’t lower your basis or anything?
and i should note that adding funds to RH doesnt affect you chart, which makes sense. dividends function the same on RH as adding funds yourself, so no change

>>15267093
>that was a joke, but seriously recommned me some alcohol stocks because if we hit a recession alcohol should be going to the moon
Lol good idea. Now if only crack cocaine was regulated and on the stock markets.
>Your situation
Yeah in that situation I'd say try getting a better job or something or like this guy said>>15267147
Saying it's "doable" is alil precarious considering your job hinges on China trade. Probably play it safe till your really comfortable. Alot of people put themselves into positions were a 20-30% reduction in pay ends them in deep shit. You need to have your expenses around 50-60% max I reckon. That's just off the top of my head though.

>>15267192
>Uber puts

based

>>15267192
>using robinhood
You're getting scammed man.

>>15267201
yeah I always make sure to have a bunch of tequila on hand in case things get rough

>>15266824
Youre retarded, i just quit cold turkey after smoking for 2.5 years straight. Not a single problem other than a supressed appetite.

>>15267201

STZ maybe?

>>15267286
>not using RH
enjoy those trading fees?

>DF
Imagine paying over $20/share for this piece of shit.

anyone buy SPTN?

>>15267323
Imagine not buying now under $0.80/share

This is your threadly reminder that the yield curve never lies. Allocate your portfolios accordingly

Today was a meh day. Survived just taking a -0.90% hit. Overall I'm down -5.22%.

T Babies were the big star today. Gained 7.77% with them alone.

GE took a big hit, fucking report that leaked. Which I have doubts on. Dude could be just shooting shit out to make waves. Now if this was an ex employee or current high level exec that did this then I'd be more apt to believe them.

Hope tomorrow brings Green back with a vengeance.

Sponsored by:

T-BabiesNeedHomesNow.com, TradeshitHurtsProfits.com, FDAStillSucks.com, HailAMRN.com, CultofAMRN.org

>BM
Imagine paying $140/share for this piece of shit.

>>15267376
Berkeley and Land Lakes are the only brands I recognize from those.

>>15267426
forgot pic.

LOL that BYND crash

>>15267440
>>15267426
the ticker is BYND
I was super confused, trying to figure out what you meant by BM

the new fad is longer ticker symbols: back in the day a ticker like F or T was a status symbol, now all the companies want to be like UBER or LYFT and have their whole name in there

>>15267308

I love when idiots say this. This anon is the type of person who will trade his dime for a nickel because "hurr durr, the nickel is bigger."

Just another idiot child in college willingly pajeeting themselves out of all of their money and opportunities to capitalize.

>sigh

Could this be related to NRZ’s JUSTing?

>>15267093
Considered a condo?

>>15267500
afaik, RH will skim a few cents off each stock you trade. you would need a few thousand stocks you're buying/selling at once for that to come anywhere near traditional broker fees

>>15265797
>>15265919
I think 17:1 ratio is probably bullshit but if it's 7:1 or even 5:1 it's still horrible for GE

>>15267519
i wonder if thats like other programs where less than 20% down sets you up to pay "loan insurance" on top of everything else. my dad's a broker, so ill run it by him and see what he knows

Someone $AKTX?
Only found this today.
Spikes on good news but then goes back to baseline. Drug for was approved for fast track yesterday and it's almost back at 1.75 again.
Looks like a buy and wait. Mcap:35m, Float:9m, Insider:57%
https://www.akaritx.com/2019/06/19/akari-therapeutics-nomacopan-demonstrates-positive-early-safety-and-efficacy-in-phase-i-ii-clinical-study-in-moderate-to-severe-atopic-keraconjunctivitis-akc/
https://finance.yahoo.com/news/biopharma-news-why-akari-therapeutics-162748741.html
Yes? No?
I don't know (yet) why the chart looks so terrible

>>15267376
Buy it while onions (50y) milk is all the rage, perhaps right before milk's renaissance. You just blew my mind.

WTF ACB moon

hope you bought ACB at $5.70 a share when i brought it up

>>15267500
if you think that using a different broker will significantly impact gains you're dumb

the only big change is with a small account size you will get destroyed using a broker with higher fees

>>15267600
they are about to release the research that milkies every day cures cancer

>>15267619
>>15267608
I'm only seeing 5.75 AH, just a little bump, what are you seeing?

>>15267646
5.93

God I'm so fucking horny

>>15267587
SNSS is all the biotech I can stand right now lad.

>>15267656
where?

>>15267703
now 5.78 lol

What's the most overpriced stock on the market?

>>15267788
BYND. NFLX, CMG

>>15267788
BYND

>>15265630
It's too bad your in snss then anon, it's done nothing but dump for weeks

>>15267542
Don't doubt the autistic savants

>>15267813
>CMG
Why in the world is it at $800/share?

>>15267813
I think you should probably leave this board. You’re too smart

>>15266186
Buy in, they aren't getting any lower.

>>15267860
cmg is actually a profitable business with a low share float.

>>15267888
>buy
lolllll

>>15267860
It's pretty much the paradigm fast casual restaurant and popular so everyone bought the fuck out of it and the company hasn't done anything to drop it.

>>15267860
massive eps. but will probably crash with one bad quarter

>>15267813
What the fuck? Chipotle is 800 each??

SHAK is the next CMG and I'm buying on the next pullback.

AMDCHADS rise down

>>15267984
>AMDCHADS rise down
>Not ryzen
I'm disappoint

>>15268005
that makes no sense

>>15265868
Os that true? I mean, is it really sideways? How does that make it better?

>>15267984
AMDCHADS always buy the dips

>>15267051
This general is an r/investing tier DUDE INDEX FUNDS LMAO chickenfest. there are no traders here, or competent people who know about the markets. only reactionary wagecucks """investing""" 200-$300 into boomer stocks via robinhood.
Oh and a few pennystock retards falling for pump n dumb schemes.

It's bewildering as to why this general even exists as the whole ethos of passive investing is to _not_ actively look at the market intraday and needlessly worry about insignificant moves.

tl;dr don't bother, go to
elitetrader.com, trade2win.com, futures.io if you want to learn something valuable.

>>15268026
got mine yesterday, full faith in Su Bae and Trump
AMDCHAD for LYFE

>>15268026

Can someone shoop JUST hair on this

premarket sellers pumped on x_x
maybe some headway finally being made on endless dump

ACB mini moon

who /comfy/ hodl ?

>>15268060
Based lad

>>15268091
this is just the break for a mid-dump flush so that we don't overload the piping
the dump continues soon, the market has been eating a lot of very greasy food for about a decade now

>>15268055
GTFO shill

if you guys aren't cash by now you're beyond saving
it will be a good lesson though

>>15266393

Up 1.5% today. Balance sitting at 22,276.50 right now. I'm mortally terrified of what's going to happen to IDSA, first a delisting warning and then they announce they'll be late filing their quarterly. I hate seeing that fucking company flash crash on an 800 share trade, while I['m bagholding 9450 shares and enjoying my noliquidity

>>15268055
>there are no traders here, or competent people who know about the markets. only reactionary wagecucks """investing""" 200-$300 into boomer stocks via robinhood.
>Oh and a few pennystock retards falling for pump n dumb schemes.

Excuse me. You forgot about a huge amount of our demographics. /smg/ is a very diverse place.

There are also:
chinese agents
russian agents
zoomers who can't figure out how to use RH or google
SEC agents trying to avoid doing real work
weaboos
koreaboos
appreciators of fine cinema
Foodchads
conspiracy theorists
occultists
rednecks
many, many NEETs
ironic dump and pumpers
post-ironic dump and pumpers
Argentinian bankers in exile
Europeans (yuck)
trannies
artists
and many more

>>15268294
You forgot Hong Kong pepe fans and Boomers

T. Boomer

>>15268091
Whew that 2000 lot buyer on es_f!

>>15268294
european representing
t. spainfag

>>15268055
you even rread threead o_o
no one at all advising index funds
and most stocks in this thread being shilled are mid to large caps O_O

you super idiot

>>15268294
I myself am a /defensivechad/ right now. Who here only in food and utilities?

SGMO is looking to go down significantly tomorrow on OPEX. should I buy more then while it's cheap with the expectation that it's gonna spike on (or at least leading up to) the clinical trial data being released on the 22nd? or just wait? read the news about china today, looks like they're cracking under the pressure now and going to make a deal soon so i'm expecting the market to start turning around over the next week/month.

or does no one know anything about this stock? might be wasting my time here but figured i'd take a shot and ask.

>>15268385
>you even rread threead o_o
No I haven't been here since last year and I doubt many things have changed.

>>15268256
that's a cute kot

>>15268407
I love my SGMO
never selling
road to $20 no matter what

I'm not going to tell you to buy it or what to do, I'm not trying to time it. I buy SGMO whenever its cheap and it feels good to me

>>15268419
So you're not only a shill, you're an illiterate shill. Great

>>15268419
we missed u bby
feel free to come to all our threads and call us index fund boomers and PnD zoomers

or if you want, you could post about stock or trades that you're interested in and start a conversation

>>15268424
could it be? another person here in $GMO too? sweet.

i got in during the ISTH spike on july 8th, after averaging down im currently around $12.40 average, feels bad man. through all of my research into the company though im still confident that shit's gonna get real over the next 6-12 months, at least mid teens by the end of this year i'd say. currently i'd just be happy with around $13 or so, would be nice to play this up and down game with my TA but i've just been waiting for so long now. this china shit really fucked everything up, was hoping the earnings would spike the stock up but china happened at the WORST time and fucked it all up.

but yeah, long term outlook is great imho i just hate having to wait so long for my money you know what i mean? i'd much prefer playing the noise on it but i gotta fucking wait until it hits at least my break even price, whatever that is after i average down more probably tomorrow.

>>15268458
ur cute so I'll consider it.

>>15268486
I was screaming "PLEASE BUY SMGO UNDER $10" all through May, you can see it in the archives
I even got some ultra cheapies on February with a market order that one day that there was a huge drop because (if I remember correctly) JP Morgan had some FUD.
My average is under 12. I'm not buying any more for now, because I'm not really buying more of anything (except DF cheapies), just accumulating cash.

I need to be DISCIPLINED. I'm super weak to cheapies, I want to throw all my money at like 12 different stocks now, I have to really be strong and just accumulate more cash.
But yeah, I believe in SGMO long term.

>>15268527
hey thanks ;)

we have a surprising number of amazingly cute posters
they're cute in their own ways, you have to get to know them to understand

I'm done for a bit. Gonna sit back and watch as this shit (Trump Tweets/Trade War/etc) shake out.

I'll really take notice around Nov when AMRN's FDA date hits and keep an eye on which way it goes. But day to day, meh I got other things to do than look at my brokerage worth. It'll either be Red or (hopefully) Green out the ass.

The GE thing will blow over, dude's just trying to make waves. Hell Culp just bought an ass load of more stock. Not something you'd do if you were worried about long term company survival.

>>15268579
People like you make me regret not buying more GE shorts

Yea I'm thinking we're based.

>>15268567
i don't think it'll get under $10 but under $11 for sure, it already dipped slightly under $11 today. you want cheapies, i bet you tomorrow will be the day to get them, and then we're gonna see some major price increase leading up to the 22nd when they're gonna release some more clinical data. really wish i cut my losses when it was a bit under my break even price that one day (i was at $12.52 average and it got up to like $12.40 shortly), felt like it was gonna keep going up and then the tariff announcement was made literally the next morning and fucked it all up. wish i could be putting all of my money into it at under $11, but alas.

like... it keeps doing this, going down a lot and then correcting to the higher price it should be. seems like a great stock to play on the ride up to $20 and maybe some day $200 after BO. i want to keep buying it cheap and then selling it on spikes from good news, but goddamn this fucking china shit, man. hope things normalize soon.

>>15268026
Should have sold on Friday, but was too busy with travel preparations.

>>15268661
Man I just love SGMO
I'm going to be very tempted to buy more if it goes back under $11
I try and not post too much of the "sales pitch" stuff about it here, but damn
I hope they don't sell out. The fact that they already have revenue streams on the scale of 10's of millions and the Pfizer partnership means that they might be in it for the long haul.
They just have such a robust pipeline, so many different possible future products, and so many competent people top-to-bottom.
>Sangamo projects that current cash, cash equivalents, and investments should provide funds for operations through year end 2021

I only shill it here when its under $10 because I don't want people to buy it at 12 and then panic and sell it at 10 when some Bernie FUD appears on the horizon.
I want to get into other genetics companies too but right now I'm way overweight SGMO (I checked: it's 7% of my RH portfolio, average $10.40). I think SGMO is really the one of the genetics companies in best position to start making really effective cures soon.
it's such a cute and adorable little stock

>the recession
Heh, are u talking about ur own hairline anon?

>>15268825
Fucking boomers, dude. Fuck this thread, go buy the new pump & dump crypto we're shilling this week.

>>15268804
Are you still in GALT

>>15268804
feels good, man. i started trading a month ago, it was my first ever trade and i didn't know what i was doing and bought too much lol, i've got like 1500 shares now, probably gonna buy another 500 tomorrow. i've been obsessed with learning about both fundamental and technical analysis since that "fuck up" of sorts, really even though im technically under water atm the knowledge i've gained through all the research and backtesting is gonna pay out huge over the rest of my life. learned a lot from no nonsense forex's YT channel, even though i trade stocks his whole concept of creating an "algorithm" to trade with was mindblowing. waiting on SGMO has given me the time to do tons of backtesting while i wait to make some sort of a profit. i use thinkorswim btw, i like it a lot so far.

basically hoping to sell it off whenever it hits $13+ and i see it start turning around with my hull MA, then buy back in after the next big sell off pushes it down to $11 or less, rinse repeat until it gets to $200 some day over the next couple years, keep compounding. happily play every news event that comes up because i expect them all to be good news (although from the look of things it'd probably be safer and more consistent to play the week leading up to them and getting out before the actual event happens).

TO THE MOOOOON! sell your retarded boomer stocks and invest in crypto you idiots. There's a reason why the stock market is dying alongside the pasty-skinned baby boomers who invested in it. By investing in crypto we are rightfully taking our deserved economic and political power back from the hands of those smelly, anemic, walking corpses who smoke cigarettes, wear nitroglycerin patches and always complain about their back.

>>15268920
Yeah
GALT has hurt me the worst of any single stock I've ever bought
I still think it has a chance, but damn it's made a significant damage to my YTD performance
Even if it pops off and doubles before October I'm still only breaking even... I had a few $4 calls expire on me back in June
It's OK, I knew where I was on the risk-reward for it, I just locked myself in to some near-term timing plays because I got greedy. lesson learned.

>>15268963
sell me on crypto as someone who knows next to nothing about it. all i know is some intern from work is into it and tried to explain it to me when i was talking to my friends about stocks, and basically described them as "there's a ton of them now and most are ponzi schemes where the trick is to try to get in early and get out before the whole thing collapses, they can lose like 40% of their value overnight". i tried to explain to him how with FA and TA in stocks you can create a system where you can consistently make some good money day trading (like, multiples of what i make at my day job, potentially orders of magnitude more per day), but he was just like "ehhhhh that sounds like a lot of hard work, and you have to watch it. i just wanna, like, make one big trade and retire rich el oh el" and i just sighed and went back to work.

that's all i know about crypto, sounds like a scam but im interested in hearing about it from someone who gives a shit about it.

Personally I'm long AMRN. People tend to forget this I think due to the recent negative shit brought on by the FDA but here goes:

Drug is already FDA approved for use on High Risk people (other words your like maybe 1 month away from kicking). Sales is booming going by last quarter report. Profits is pouring in by the ass load.

Due to the above, the new drug trial data, other good news, getting FDA approval for expanded use should be a "nothing" event. Also all the shit that caused the FDA to reject last time has been corrected. The FDA board panel is different this time to from last time.

They (AMRN) is expanding sales reps. Also good news from Canada should be coming in soon (Approval).

So in conclusion, FDA approval for expanded use is pretty much a slam dunk. Nov meeting will be playing into AMRN's hands more than hurt them. Drive home the point to the FDA so in Dec they (FDA) will have no choice but to approve. If they reject, AMRN will have ample ammo to sue the fuckers. Also due to the Drug being approved anyway (high risk) getting this new approval may not even matter over the long term. The results will speak for them.

>>15269066
doesn't bitcoin just look like the only truly consumed and somewhat ''tangible'' coin too? all other alts, except maybe ETH are only known by like 0.000001% of the population. why even bother with these ones?

>>15269066
Holy shit is that a real boomer? Can you send a picture of yourself?

>>15268957
>basically hoping to sell it off whenever it hits $13+ and i see it start turning around with my hull MA, then buy back in after the next big sell off pushes it down to $11 or less

I tried to get clever and do this with SGMO back in January because it was ranging. There was a day where it did a really huge overnight gain that I missed out on. I was still able to buy back into it, but that was when I resolved to not try and get greedy or creative with stocks that I really expected to move up.
Because you don't want someone else to see the stock, make a big buy, and then you either have to chase it up or wait and watch it run away from you. Just something to consider.
I still range trade and flip stocks that I don't have the long term faith in (DF, AMRS, etc.)

I'd be careful to go too heavy into something like SGMO, even if you believe in it and they have so many partnerships and such a nice pipeline, they're still just one company and they could still have a rough time in the short term if one of their products fails.
25% of total portfolio would be my absolute max, even in my RH account which I sort of treat like a phone game :p

>>15268988
Nothing has changed fundamentally despite the price going down, if anything the fundamentals have only gotten better
Just a matter of patience

nice to see some other biotech bros here, might come back here in the future to keep discussing this sorta stuff. so while im here i might as well ask:

anyone got any thoughts on VBIV? i'm at 0.70 atm, how fucked am i exactly or do i have any chance of at least making my money back or a small profit by the end of the year? the ER was good i feel like it's just artificially low like everything else because of the china shit which is only now starting to lighten up as today one of china's officials was basically like "hey we wanna go back to that deal we made in osaka and work something out" which i feel means they're starting to crack under the pressure because their GDP is literally worse than romania's atm.

>>15269142
>>15268988
Shame about the options, that's why I try to avoid them (don't have confidence in my ability to time the market)
If we get a BO or partnership the shares should at least pay off nicely

>>15269132
exactly. only thing i really know is that bitcoin blew up many years ago and some people got disgustingly rich off of it because they got in early, then it crashed i guess? idk i figure why not just play penny stocks instead of bitcoin if you're looking for high risk high reward sort of gambling?

>>15269145
Biotech is surprisingly popular on here (Me, SNSS anon, SGMO anon, others)

>>15269106
nope. amarin failed. it's done. unironically over.
they will never make it, it will never be over $18 ever again.
they had their one chance and the FDA fuggin rekt it without a care in the world. Literally did it to em last minute possible just for extra fuckyness.

>>15268385
SCHDchads, VTIncels, SPYder dicks, and VTSAX stackers:
BOO
THIS
WOMAN

>>15269137
it's more just along the lines of averaging down so i have a better chance of being able to get out with at worst a small profit instead of losing money on it. with the technical indicators i've got set up now i don't think it'd be hard at all to simply day trade it especially during the week leading up to an anticipated news event. just look at what happened leading up to earnings not too long ago, or leading up to ISTH, shit like that would be easy for me to play intraday. honestly i don't even like keeping stuff overnight because of the major gapping that can happen. i'd rather day trade with TA in stocks that i've done the fundamental research on so i know in general they're solid, and maybe buy in a few days before a major news event if i want to gamble on the news being good and gapping the price up like 10% overnight.

>>15269190
They didn't fail at all, they just have an AdCom
Worst case scenario their approval gets delayed slightly

>>15269142
bought more shares at 3.18 last week
Don't know how I'm going to react if it goes under $3
For now I'm probably going to sit tight.

I wish GALT had more products in the works, I understand that they have to focus all their resources now because the phase 3 is a big trial. From some of the stuff you're posting, it seems like Galectin-3 inhibition/modification might have more uses

>>15269168
Bitcoin and other crypto doesn't have to play by SEC rules (or any regulations really) so whales and scammers like it because they can make money with scams more easily
Penny stocks are manipulated gambling as well, but if you get caught doing certain types of manipulations you have to may a small fine and the SEC officially scolds you.

you can also use it to buy drugs and launder money, or move large sums of money around (for example, to get a couple hundred million out of China or Turkey or Argentina)

>>15269187
good to know. again any second opinions on VBIV would be appreciated, just threw a couple grand at it because a trusted co-worker who has made a couple hundred grand in a few years betting on these penny stocks is into it for like $50k and believes it's gonna get to over a dollar by the end of the year. part of me wants to just cut my losses but part of me wants to just wait out this china shit, idk. at the very least he hasn't sold yet and he's way worse off than me atm if he cut his losses now.

>>15268319
holy heckies ouchies
did see that buy, very surprised it no lifted

did you just see how quickly sellers took out that wall? holy moley
it overy for market

>>15269228
>Galectin-3 inhibition might have more uses

Yep
Their phase 3 is in NASH cirrhosis (they also did a phase 1 cancer trial in combination with Keytruda, and GALT's drug made Keytruda twice as effective as Keytruda on its own)
Galectin-3 inhibition could be useful in cancer, endometriosis, post-heart attack patients, alzheimer's and huntington's to name a few of many diseases
Galectin-3 regulates very basic cellular functions and plays a role in the development of many, many diseases

GALT themselves as a small company don't have the resources to pursue all of these diseases, but a big pharma acquirer or partner does

>>15269283
lmaoing @ short sighted individuals

>>15269228
ah, that makes sense with bitcoin. so it basically is all a big scam and helps with illegal activities lol. not really interested. penny stocks i can at least understand, where you bet on a company having a drug that passes an FDA phase. high risk high reward but more legitimate at least.

>>15269335
>all a big scam and helps with illegal activities
Bitcoin solves the byzantine generals problem. That's it.

>>15269320
es_f down 6+ points since me make that post -_-;

you understand how bad it am for someone take out 800 buy wall on globex at these hours? unprecedented volume

>>15266131
They are releasing a new game in 2019,if Anon buys before the pump he can make a small profit we hen it releases
Its how people with a positive IQ make money

Keep buying high selling low and posting soi bois

>t.everyone

>>15269187
Surprisingly? Biotechs are the stock equivalent of shitcoin lotto tickets. They fit right in.

Glad I bought my T Babies all at $31.78. So far Trump Tweets, Trade Shit, etc has not caused any effect on Him. Hell if anything it's pushed the stock ever higher. Go me,lol.

>>15269304
I sort of hope that GALT doesn't submit to a buyout in that case
If they fully develop the drug, partner up to distribute and sell it, and then keep developing
If no one is going to give them a billion dollars a share then FUCK those people we'll go it alone

>>15269335
Cryptos are still revolutionary currencies. It's not inherently a scam, but it is a technology and ecosystem that lends itself to scammers and PnD/

The key word is "currency". a currency isn't a company, it doesn't have employees or sell products. When you buy a cryptocurrency, you don't own the technology in any way, you are just holding it.
So all the /biz/ threads that say "hey buy this crypto, the technology is soooo good" are a bit silly. If you want to own tech companies and capture their future revenue streams in perpetuity, you buy stocks.
Currencies are for speculation, there isn't the same promise of long-term compounding gains that you get with equities.
The people making money in crypto are oldfags, miners, scammers, or lucky.
People making money in stocks is everyone, except for unfortunate speculators.


>>15269368
AAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAA
AAAAAAAAAA
it's over the S&P is finished
AAAAAAAAAAA

>>15269354
You say that as if it's not an incredibly important thing, especially with regards to personal wealth. Remember that with bitcoin, anyone can be one of those generals.

>>15269335
Bitcoin is unironically where all capital will flow to when all bond yields are negative, and the stock market and real estate are ruined by boomer retirements and poor zoomers.

Capital naturally seeks out the best returns and Bitcoin is a feedback loop of gainz.

TeleCoin is an easy to use token hosted on a lightweight network. Our wallet runs on
most laptops and servers, across various operating systems. As no specialized
hardware is required to mine blocks or participate with our token.

>>15268651
Don't jinx it Dobby

>>15269382
Don't forget to write covered calls on your T babies to reduce cost basis. It's like a dividend every week!
>>15269401
I think it's important, im just stating what bitcoin is for in the simplest way possible. I plan on buying into bitcoin once I have established cashflows from buywrites and I'm retired. Will happen sooner than I initially thought - I didn't realize i was so close to my 700th amd.

>>15268385
BOOOOOOOOOOOOOOO
BURN THE WITCH

STACK
IT
UP

People who bought Bitcoin when the shit was pennies is the real winners. Anyone who buys now can expect a world of pain. Cause your buying at the top. (or close anyway). Any downshift and your out deep in the red. Just like amazon, folks who bought at $5 per, they don't give a shit if the stock goes from 2k to $1,300.00. They're still rich as fuck regardless.

>>15269382
Yeah T has been holding pretty strong through all these market waves. I need to increase my position but it just won't come down.

>>15269368
He don’t understand stock market at all kekkies.

What do you use to see these buy walls and futures trades in real time?

HODL BABA

>>15269468
any broker (not RH though lol)
Get a ThinkorSwim account breh (TD Ameritrade)

>>15269489
Hmmm

Yeah schwab doesn’t make it easy to see anything at all. Just bid and ask, and it’s very inconsistent sometimes between the order page and the other pages.

Constantly checking RH and schwab, and yahoo finance for various info, charts, etc.

>>15269489
2nd'ing ToS, it's great I love it.

Also while we're on the subject: share with me your technical analysis secrets, /smg/. Any strategies that have worked particularly well for you that I could backtest? I've become pretty obsessed with this sort of stuff, especially with optimizing it. I already have a pretty strong system but I always feel like maybe there's an indicator I'm not using or a magic number I could be setting stuff to that would remove some of the few bad trades still remaining while still keeping me in the good trends. What indicators do you guys like and how do you use them, what settings, maybe what special circumstances they work best in, etc?

I have a job offer from Facebook and another from Tinder. Which should I pick, /smg/?

Should I diversify my index funds even more or nah? Currently have 60/20/20 on Bonds, Int. Markets and Total Stock Mkt. Thinking about adding Health Care and core equities funds but I think I'd just be diversifying too much

>>15269533
I'm an empath trader, I read news and comments for hours a day and then make decisions based on intuition.

>>15269738
Based and redpilled. This is the only way to beat the robots.

Hey lads, I've been putting in about 250 a week (40-30 percent of my income). I also have about 3 grand in my bank account just sitting. Would it be smart to put a fair portion of that into stocks as well? Or is just smart doing what I'm doing now?
Every time I have stuff dip down I have the urge to buy more, but I use up that 250 the first day. Is it best to fight the urge or to invest more than I planned to if I find it favorable in the middle of the week.

omg now there gigantic sell wall after slight pump up

>>15269468
using orderbook dom on sierra charts
but for newbie use thinkorswim under "Active Trader" O_O

>>15269810
if you're investing for a long time (aka if you're a zoomer) it's better to just put it all in asap and sit.

>>15269822
I've been hearing people talk about waiting until the tariff stuff, but I could just be falling for a meme idk

Christ I’m so glad I was able to swing my SHAK calls from Monday today finally reeeeeeeee

>>15269810
I'd start with a broad market etf (VTI is a good choice). That way your better protected against sudden market shifts. Like what's happening now for instance. You can set it up to where it's on autopilot, once a month (or whatever) boom, your buying more VTI @ $155.00 per (or whatever the going rate is at the time). You don't gotta do anything.

>>15269722
help, smg or i'll short the s&p 500

>>15269881
>>15269822
Well thanks both of you. I'll see if anyone else has any more input and then I'll make a plan on what I'm going to do.

>>15269810
>>15269822
copying some pasta I spilt in a /k/ thread, what do you "lads" think?

>Should I lump sum it into the market or trickle it in (dollar cost average) monthly over the next few months? What dividend stocks do you invest in? I dunno, any help would be appreciated. No one I know knows how to invest.

DO NOT LUMP SUM unless you ABSOLUTELY can't be fucked to check in on the market at least once a month. There's a lot of uncertainty right now, so I'm really hoping the market takes a hit this fall/winter and we can pick up some bargains.

You should always have SOME money in an S&P index fund (some people would say a total market index fund, it's mostly a matter of preference) because the stock market generally does go up over time, and you don't want to miss out on those gains. That is basically money that you can forget about until you retire, so you better have a solid emergency fund because you don't want to have to sell low just because you get hit with unexpected costs at the same time the market is at a low.

IRA is the best way to do it if you really won't need to see that $6000 until you retire (you might be able to pull out your basis after 5 years without getting hit with fees, there's also some exceptions like you can pull some out without getting hit with fees if its for buying a house or paying for college for yourself, your spouse, or your child)

Most of your investments should be in index funds with minimal expense ratios. You can pick some individual stocks but it's a lot riskier, especially if you're not watching them closely. I like buying some of the standard shit on a pullback: MRK, UNH, JNJ, PEP, MO, DIS, MCD, etc. Most index funds will have some exposure to these names, as well as some heavier exposure to the big tech stocks.

>>15269882
tinder, learn how game their system then tell us O_O

>>15269882
accept both job offers, then ghost them and NEET at your parents house

>>15269822
I'd also leave some cash in the bank though. Case shit happens and you need it. V.S running up a large credit card bill. Then your facing a triple whammy; paying down the debt, putting some back in your savings, and putting some over in the brokerage.

Some people, doing all three plus covering other shit is a non workable deal. Or your stretched to the point that yes you can do it but each is a trivial amount, not large enough to make any headway with in the short term. In the long term the credit debt just piles up cause you've only covered the interest not the main amount owed.

>>15269948
since when the fuck does /k/ play stocks? link to thread?
>>15269965
short term cash is fine. you really should do something with it though asap.

>>15269979
Actually most of my net worth is in investments. I've just 2k sitting in the bank. In case shit happens. I really need to bulk that amount up though. Sadly 2k just doesn't go far anymore.

>>15270020
ah yea, i only have $300 cash in the bank to cover my new credit card. desu kinda cutting it close but whatevs.

NEW


>>15270093
>>15270093
>>15270093

>>15270093
>>15270093
>>15270093

>>15269948
Yea I wanted to wait a little, just fyi 3 grand is about 5-6 months of living for me.

>>15266002
Nope.
It's coming Chink.
There's nothing you can do to stop from Uncle Sam's fat cock from landing on your flat heads.

>>15265858
>I'm dong
YOU DONG

Holy shit this Kraft Heinz dump is fucking unreal. Every single fucking day -2% like fucking clockwork.

I'm never fucking selling but it honestly looks like it's just going to go to zero. What the fuck.