/biz/ - Business & Finance

buy lithium

>third The industrial liquidity tool edition edition
good night /smg/
don't forget to go to work tomorrow

Just shorted tesla

What the fuck am I in for?

>>16866959
Last time it shit itself the very next day it went up 9.7%.

Threadly reminder that bears are faggots
https://www.youtube.com/watch?v=twQlpFrm5iM

>>16866926
nice looking burger
it looks like you're losing a pickle on the backside though
gotta watch out for pickle loss

>>16866952
how much lithium should I be taking every day?

the liquidity tool

Thoughts on IRBT? Seems to have hit a double bottom

Traded CETX in and out just before their drop - $85 in green.
Feels good!

What do I buy at open tomorrow ?

>Explain why Tesla is overvalued based on their fundamentals
>'LOOL RETARD POST YOUR SHORTS OR STFU!!!!!'
Literally a cult for teenagers

>>16866978
depends how many imaginary friends you've got :p

https://www.youtube.com/watch?v=-O9atYYr-I4

Reminder to check out crtx. It's a low risk/moderate reward option for your alzheimer play. Maybe it can go 2x-3x, but no fear of dilution and almost guaranteed phase3 trial success. It's a gingipain inhibitor, this is a valuable asset regardless of alzheimers. Trial finishes in 2021, so in the meantime don't forget about the almost guaranteed 2x-3x sava gains as well

>>16867074
A cult for teenagers that has tripled in value in six months, unfortunately.

I immediately question my soxl purchase. Im going to dump it and stick with low p/e plays like MAYBE Cisco.

The whole sector has been lowering guidance while raising multiples... what the fuck is that even about?
Please don’t fuck me TSM.

>>16866985
Yeah, Xinese banks just injected billions of dollars through something called the liquidity tool. Wtf is that?

Kuroda said standing by to cut rates, basically what Powell says but much more jappy.

>>16867084
I don't have any imaginary friends :(((

>>16866987
Looking forward to the lawn roomba release

>>16867094
BitBean mooned, so fucking what. Plenty of things rocket in value based on pure FOMO and speculation, that doesn't make it smart to invest in them, quite the opposite. What's so insufferable are Tesla 'investors' (kids with birthday money from their grandparents) ranting about gigafactories and AI without the slightest inkling of what the fuck they are bleating on about

>>16867112
I'll be your imageboard friend. AMDChads always reach out to our fellow retailers.

>>16867100
>I immediately question my soxl purchase. Im going to dump it
You will regret

>>16867085
GALT is running out of money, right? What if they choose to dilute before selling?

>>16867138
Well if it makes you feel any better, Tesla has the highest short interest on the market as of today, taking the top spot from Tim Apple.

https://finance.yahoo.com/news/tesla-once-again-most-shorted-204918295.html

>>16867142
friends...
I need imaginary friends
are you imaginary?

>>16866985
>>16867100
wait the "CME Liquidity tool"? I've never heard of it, should I make an account :o
>>16867112
only real ones :D

Damn I suck at trading. But at least I drank enough water today so my tears shouldn't be too salty.

>>16866926
LISTS FOR RETARDS:
NVDA
TSLA
MDT
SNAP
NIO
BYND

>>16867183
Some China banking thing... doubt the CME is involved.

>>16862720
Sheeeit though BMY only has a fuggin P/E of 19, forward P/E of 10! I know it’s pharma so that’s to be expected but... uh I wanna buy more!

>>16867146
Maybe.
Most times when I sell stocks I do.

Newfag here.

Does anyone have a pastebin with crypto market essentials? All the crypto threads are full of trolls, I don't want to ask there.

I am already holding boring ETFs, I want to put 20 percent of my income in something more profitable/risky.

>>16867229
>I am already holding boring ETFs, I want to put 20 percent of my income in something more profitable/risky.
Why not buy stock of a small cap?

You fuckers asked for it and I will deliver. Bask in the unholy ugliness of my once $250 ETrade account. Marvel at such wonders as "why the fuck would I buy that" and "how long will I hold these bags" and if your feeling peckish try the "how the fuck do you lose money on that call?" It's all good fun but seriously guys I'm the one who has to live with my choices so please go easy on me. P.S. starting with paper trading is for pussies that like not losing money.

>>16867003
Congrats!

>>16867152
What would be the point? If they go with dilution, that would mean a finished, successful trial. But even if, the sell price would be higher, so the sp would be about the same, if not more. But they have enough money to conclude the phase2 part of the trial. I think there won't be dilution this year. And then again, DU could just make an investment firm out of thin air to fund galt and receive royalties or whatever. He also knows that there is no risk in the drug, and the company just needs the management to actually pull through.

>>16867253
Such as?

>>16867268
What you just wanna get spoonfed?? you know.. nevermind.. just stick to your etfs.....

>>16867256
hey
at least you did your best, right?

Cassava meeting with the Jefferies tomorrow, what does that mean

>>16867256
>James E. Wagner
That old queen? retrokekkies

>>16867183
nai: the liquidity tool

>>16867300
Absolutely not. I went into this very half assed. I need to get the shit out from between my ears and hunker down.

>>16867229
If you're not going to trade crypto and just "invest" then buy it at coinbase. Do realize though that a vast majority of altcoins are all bullshit that won't ever be used for anything. For the long term, just hold bitcoin. BUT, if your plan was to invest in shitty altcoins then you might aswell invest in penny stocks since at least they have some hope of making it in the mid/long term

>>16867256
Dude you lost 150 dollars, it happens, just make sure you learn from your mistakes. Paper trading sucks so much, no emotional investment in your money when in reality you’re gonna freak out if your stock drops 50%

Anyone know some good energy portfolio stocks that you think will go up soon? Not talking about specific companies but talking about the ones where its an entire portfolio

>>16867256
this is going to sound like some cliche your teacher would say in 3rd grade but don't see it as a loss - assuming you've learned your lessons from failing. I lost a shit ton when I got into forex as a fresher, but I somehow enjoyed the ordeal and learned a lot from it even if it at the time I wanted to scream

>>16867256
Keker. That write up. You have so much soul, fren. I love you.

Now learn from the mistakes and stop the FOMO.

>>16867311
Don't know, but keep in mind sava has to find money for their phase3 some way or other. I doubt they would dilute so happily though, since they bought this many shares

Not doing too good /biz/. Started with $300 and now I'm down to $240. I'm gonna read more books about stocks before I put any more money into the market

Guess the market sold the news on the trade deal

>>16867210
SNAP is in a cup & handle pattern on the weekly. Don't sleep on this stock. I plan to make an entry before end of week if things look right.

>>16867381
At my worst point I was like 30% down. Now I'm only 14% down on 16k. Good luck friend.

>just discovered Amex platinum for schwab
>can directly convert points to cash in brokerage account on top of the sick airport lounge access

The wealth just keeps growing lads

>>16867432
purely on the magic cup and handle pattern? Is that the only reason you're buying or have they got something planned?

>>16867449
Thanks B

Stocks are expensive AF. Can I build up a nice divvy set up by buying high div stocks with $50/day?

>>16867210
I want to coom on her tummy

we're literally going to go up forever aren't we?

>>16867450
OOooooo whats the fees? I got that good Fico score!

>>16867432
For reals or... you tryna trick me into another Canada stock?

Updated sava presentation! Check it out!

>>16867452
The snag here is they have earnings coming up in two weeks. If it looks like it wants to continue to rally in to said earnings, I will ride that move but I would be selling before earnings day regardless. Depends on how the Nasdaq is feeling tomorrow and Friday.

>>16867466
>you tryna trick me into another Canada stock?
Sir I'll have you know that Shopify is in an IRON CLAD 45 degree angle rising trend.

...and I sold it too early.

>>16867450
I get access to airport lounges, Netflix and spotify paid for and 3% back in MCO with my crypto card

The wealth just keeps on growing

>>16867466
It's hefty at $550 annually but I think you get enough value to justify it.

>Centurion lounge access and free priority pass subscription gets you into almost every airport lounge in the world
>$200 in uber credits annually
>$200 in airline incidentals (drinks, checked bags, snacks, basically everything that's not flight fare)
>$100 in shopping at Saks credits annually
>TSA precheck application/renewal fee credit
>5x points for booking flights on airline sites directly
>60k point sign up after spending a certain amount
>each point is worth 1.25 cents in your brokerage account

Not counting all those statement credits I think I'm gonna be redeeming for at least $1,000 into my brokerage every year

done shilling for (((them))) now

>>16867459
If you do ~80 every two days you can start accumulating IIPR.

>>16866790
They're catching on...
I never shoulda sold my calls, this things finna hit 140!!!

>Tfw only 4 shares...

>>16867547
>$100 in shopping at Saks credits annually
What's that about, maybe half a dress sock worth?

>>16867381
Try this one, man. Unless you're going deep with technicals, Investing is more about philosophy, goals, and research than a bunch of complicated reading. https://www.amazon.com/gp/product/1634505573/ref=ppx_yo_dt_b_asin_title_o05_s00?ie=UTF8&psc=1

anons please. What can I do with this? If my wife finds out I gambled away all of our deaf gay son's lunch money she's gonna beat me.

>>16867256

>>16867547
when I was younger (early 20's) I thought traveling was tolerable
Now I try and keep it to once or twice per year. Airports and hotels are a drag.

>>16867183
hey I read the first few chapters of promethea yesterday.
I give it 4/10, but with some 8/10 parts. it's good enough that I'll keep reading and probably finish it eventually.

>>16867592
you have to beat her first.

Will SPCE dip a bit?

>>16867592
I will take all of the beatings in your place.
But she has to promise not to hit above the belt.

>>16867592
Buy LCI and hold.

In biopharm related news, I think CRISPR might be about due for a rebound here. I've nudged it further up my watchlist and waiting for signs and symbols.

Shit, they seem to want to heat things up around sava really quick. At this point it's possible they start their phase3 in late 2020/ early 2021. You know that a phase3 alzheimer company is a billion at least, do you? and they want to finish their antibody for the blodd test, just as some added bonus

WE'RE BACK BULLS!!

(I have no idea if this really means anything at all, but I'm pretty sure DIX going up is bullish and GEX going up means there is something of a "floor" in place for volatility, basically that dips will be bought.)

>>16867257

Thank you bud - rough ride tho.

>>16867612
the beginning is full on bad in me opine, chapters 11-28 or so are tha real good goods
>>16867685
bull world

>>16867381
I put in 200 and am now at 235 :)

>>16867381
all stocks books are ass. what you need is an understanding of markets (theory, supply/demand, volatility) + psychological aspects. thats how you succeed. or just buy an index monthly with money and hold it your entire life time.

Just need $999000 more to become a millionaire.

>>16867854
But he's got high hopes, he's got high hopes, he's got high apple pie in the sky hopes

>>16867613
Not this week. Probably back to $12 next week though.

Holy shit it literally is nothing.
Damn Tyson might’ve been a real dumb buy.

>>16867683
I feel dumb for putting more in galt than sava.

>>16867965
Who cares a deal is a deal, SPY to $400

>>16868084
The problem with Galt isn't the drug, it's the management.

>>16867647
have the youtube link for that?

Sir Branson, plz dont make me regret this.

Who's buying activision stock with me?

>>16868123
Already own it, the dip today was very tempting.

>>16868123
Ew no

>>16868136
How much? I'm planning slowly dropping 5k over the next few months.

>>16868137
Why ew? I think Blizzard Activision is big enough to not "fail" and be a contonued company. I'm looking for long term gain fyi

>>16868123
Ultimately boils down to when the next gen consoles are on shelves.
ATVI was underperforming in 2018 and struggled with volatility in 2019. Its a good buy now and maybe get better after the 9th gen releases but its not a money maker.

How do we meme someone into buying one of these?

can someone tell me how to make money in the stock market? i have 150k in cash and i feel fucking retarded just having it sit in my checking account doing nothing. pic related

>>16868333
all i've ever done is lost money in the stock market.

>>16868333
Buy tesla puts.

Nice get by the way.

>ctrl+f
>PAVM
>0 results found
>ASRT
>0 results found

what the fuck is this shit i thought you guys were up to date on your penny stocks? oh wait these are actually good with strong fundamentals instead of shitty memes, ahhhh yes that must be why.

Which stock is going to make you a millionaire?

>>16868382
are u serious? u a permabear or something?
>>16868393
im priced out. contracts are so expensive

>>16867547
>tfw its almost 1.5k p.a. here
>need to have an income of 100k or more
>no brokerage account bonus

>>16868410
no just and idiot.

>no gf to hold hands with while seeing BYND go down

>he doesn't stare at his stocks are force them to go up using only his mind
Ngmi

>>16868452
Who was that guy that FOMO'd all into it at the top? I almost told him don't go all in, but I felt BYND supporters would attack me.

>>16868450
sorry man, theres always opportunity tho from what i hear

>>16868509
haha what an idiot right...

>>16868508
>it was all just a hallucination, a fantasy created by your own diseased mind, and now you're down 69%

Speaking of gaming, anyone know if target was specific about what toys and electronics were weak?

Are muh nippon vidya gaems fucked?

>>16868154
Just 5 shares ($300) so far
I’ve got $2k in Nintendies so that’s probably enough gaming stocks but we’ll see.

>>16868123
>tfw being an ex WoW fiend, take one look at the graph and see where the stock was pnd'd in anticipation for each expansion

i guess that game isnt their main source of revenue anymore, what do they make most of their money from now?

>>16868509
it's like video game creators who try to make their games "multicultural" or put some gay characters in it or something to appease a demographic they wish was the majority but it's actually a very very very small minority who don't even play video games.

who the fuck wants to eat fake meat? i don't get it unless you're some vegan fag, you're gonna go all in on the vegan fags? you think that's a big market with a lot of wealthy consumers? i don't get it.

Hey Anons Ebay could be bought by alibaba or amazon and the price could skyrocket. Dont sell your tesla just hold or buy more but if Tesla is a bubble im gonna shit myself. Also stop dicking around in penny stocks and short term you have to buy and hold for a long time.

>>16868333
>>16868393
>Buy tesla puts.
Absolutely don't do that.

>>16868524
just stay in the fantasy
don't let reality bring you down

https://www.youtube.com/watch?v=oG-M_2YQMpU

>>16868572
how high is tsla going? is just seemed like yesterday it was 315 or so

>>16868509
>>16868520
s-she can come back right?

>>16868580
did you even buy all those stocks? or did you just imagine you did? what even ARE stocks, in the grand scheme of the universe and life?

>>16868509
I made some pretty good money on bynd momentum plays last year. I completely cocked up my gains on other stocks that should have just been autopilot money makers though.

>>16868599
$1000 by end of year, if not higher.

t. someone with the ability to predict the future.

>>16867229
Just purchase GBTC, if you want to purchase BTC through your stock broker/equity trading platform.

>>16867256
I've already said what to buy. Buy it. SNSS, BVXV, ONTX. Also look into transatlantic shipping as Brexit will matter for that, like SALT or NMM

>>16868333
Buy $150,000 of decent dividend stocks.

>>16868410
How much are you willing to lose on the market. Never put in more than you are willing to lose.

>>16868599
man it's going to be so delicious when that thing finally crashes and burns. idk when it will happen, but screen cap this post, it WILL fucking happen. i wouldn't touch that stock with YOUR dick, besides maybe daytrading but certainly not holding overnight. it's somehow outpaced huge legitimate global corporations through hype alone, and when that hype falters? watch out below.

no idea why you'd be a fucking idiot and short it now though. wait for the actual event that makes the masses lose confidence in the company to short. anyone who shorts now is gonna lose a lot of money.

>>16868609
Yes. Yes, I bought all of the stocks.

I don't know what they are. I don't really care anymore. Maybe... maybe I never did care to understand their true nature. All that I know is that the stocks must be my property.

The essential, the essence-full is something that cannot exist in the empty world, it must be conjured and cultivated, hidden in the imagination.

>>16868666
Thanks Satan

>>16868673
well if im guaranteed like 7% id be willing to put it all in but im scared of buying the top
>>16868681
why does everyone hate elon?

>>16868154
Why? Because the only game they have going for them in a re-hashed version of WoW. Diablo will be HUGE but that game won't come out for probably another 2-3 years. Classic WoW might carry the next one or two earnings (investors loves to hear that subscriber numbers have increased) but your only hope besides that is that microtransactions are still going strong, but honestly there's way more profitable stocks to invest in.
Diablo 4, Diablo mobile for chinks, Overwatch 2(loot boxes deluxe) and Classic TBC(along with that shitty retail version of WoW), + boomer mobile games. That's the future of Blizzard for the next 6-8 years, if you believe the stock will provide good enough returns compared to other stocks then go ahead. They won't decline but the annual increase will be average at best, without a doubt.

>>16868700
anons have explained why tesla is a meme propped up purely by hype and fantasy, a cult stock, in previous threads. but also, he's a smug little bitch, looking like the cat that ate the canary even though he's just a conman who got away with it.

>>16868262
That’s big
But candy crush took in 1.5 billion revenue in 2019. Diablo mobile will probably suck but people will probably throw their money away regardless.

I hope they use fate and bombergirl style designs (they wont)

>>16868700
No genius is ever appreciated in their time. The left hated Norman Bourlag because he saved over a billion people from death by hunger by increasing food production instead of relying on socialism to redistribute wealth

>>16868745
the world was a noticeably better place when poor people starved to death

Retards and low IQ people hate Tesla because of poor thinking.

>>16868700
Well, if you don't believe there is going to be a recession in the next year or two, and you want the most bang for your buck, with the least amount of risk (imo), buy long-term spy calls (known as LEAPs). The contracts are relatively cheap, and so long as it goes up, then so does the value of your contract.

People might disagree, because your investment can go to zero (because they are options contracts), but so long as you have a good risk-management and loss prevention system, you ought to be fine.

You have to determine, however, what you think about the general health of the American economy.

Short argument
>but the PE

lol

>>16868754
Lad... think of the Venezuelan qts you could be nourishing back to health, and then dumping if they get too fat...

>>16868700
>why does everyone hate elon?
Not everyone, just mostly worthless contrarians who unironically get upset about the success of others. While I'm on that subject, don't feed the retards, their TSLA opinions are worthless and almost entirely pulled directly out of their own ass.

>>16868560
>you're gonna go all in on the vegan fags? you think that's a big market with a lot of wealthy consumers?

Most girls are going vegan or vegetarian now.

>>16868794
Source?
My ass.

>>16868776
they are in Venezuela and they are all natural socialists. those people get what they deserve because of who they are. all of them.

I've stated it before but I'll say it again: almost all of Latin and South America trends towards socialism and communism. The only thing that kept those countries close to a capitalistic system was five decades of heavy CIA intervention. And you know what? The cold war is over, or at least it's over enough. Those people want to starve together as communal farmers, we should let them. It is their natural state. You let them into your house and try and nurse them back to health if you want. As soon as their stomach is halfway full they all become greasy little Che Guevaras again real quick.

It's a waste of time and resources. leave the trash in the dump

>>16868794
ur moms still enjoying plenty of meat
:^)

>>16868397
Give us a QRD.

>>16868782
i really need to dmor

>>16868816
Based. The only people worse in the hatred of natural propery rights is the negro and maybe the jew.

>>16866926

>>16868816
Let 1-2 go full commie and turn to shit. Good examples

So on the subject of Tesla and NIO pumping today, what electric car companies are good ones to put money in? I was also considering lithium investments to go alongside, but have less of an idea about that.

>>16868865
Lithium is incredibly abundant and dropping in price.

>>16868823
ur mom gay

>>16868865
cobalt

how much would i have made this past year if every time orange man said something good about the china trade war getting worse i bought gold/silver and when he said something bad i sold on the spike up?

>>16868894
Cobalt is price-limited

They have cobalt-free designs but not worth the cost yet.

>>16868909
According to BMI, Tesla’s consistent improvement in its battery tech has resulted in a steady decline in the company’s usage of cobalt for its electric cars. Since the days of the original Tesla Roadster and the first-generation Tesla Model S, the electric car maker has managed to reduce its cobalt consumption by an average of 59% per vehicle.

The Tesla Model S, for example, consumed 11 kg of cobalt per car, while the company’s newest offering, the Model 3, only consumes 4.5 kg of cobalt per vehicle.

>>16868898
Imagine if you hit each hours best option trade. Or bet on every winning team for a year in sports gambling.

We are all missing out on billions of dollars in potential upside!

>>16868452
Anon you weren't supposed to buy the top. That was the sell time.

yeah dude wow it’s almost like what they said is actually true and tesla is a battery technology company that makes extraneous proof of concept car products

Imagine doubting Tesla for 10 straight years. Holy shit hahaha

ONTX - Annalist are still saying this will hit $13 before 2020 is over with. Hell even half that would deliver to me 78,702.00. I'd take that with a big smile on my face.

Just put my entire life savings into telsa puts. Already in contact with the real estate agent I'm buying my house from.

>>16869088
yacht club material

>>16869050
It's not that I doubted them but I thought it was all PRICED IN already.

We're all gonna make it frens. Even if we had several months of OH GOD WHAT THE FUCK

>>16868844
>Jews don’t maintain property rights of rent-seeking boomers and slumlords in the courts
RETARD ALERT
EVERYBODY KEEP YOUR DISTANCE
DONT WANNA CATCH TARDISM

>>16869108
>2004
>Amazon is priced in. Way overpriced for a book retailer.

>>16868732
There are ultimately better stocks for vidya during the 9th gen launch. I got in when SNY was $46, best decision ever.

>>16869088
Hope you are able to watch TSLA charts closely and exercise or flip those puts quick,.,, or you’ll be either living in a tent eating out of local restaurant dumpsters or hanging from a rope

>>16869132
Yah sanofi was way underpriced they could be a good pharma play if you’re looking to diversify internationally.

>>16869119
>OY VEY, IT'S THE BOOMERS NOT THE JEWS.
>JEWS HAVEN'T BEEN BEHIND EVERY COMMUNIST REVOLUTION ON PLANET EARTH.
>THE GUY WHO WROTE THE GOMMIE MANIFESTO WASN'T A JEW.

Absolutely pathetic jew. You will not extract the goyim's money by a combination of socialization and money changing, Chaim.

I bought more BYND today

Why anybody would go all in on options is beyond me

>>16868700
>why does everyone hate elon?
Its just the morons known as TeslaQ that are incapable of trading stocks

>>16869108
>>16869108
The shorts haven't even been squeezed yet

>>16869237
they're incapable of letting go
these people should have taken some self-reflection time years ago and said, "well, this stock seems to have incredibly shaky fundamentals, but it is still wildly unpredictable, so maybe I should find a more reasonable way to invest my money".
There have been warning signs all over the place for TSLA shorts and longs. Most sensible people stay away; most of us just get to enjoy the spectacle of those few brave traders still fighting in the dirt of the arena.

And some of them really do have a mentality influenced by that "big short" movie: they want to be the clever boomer who makes a few million on a big short play and gets a movie made about them. It's their goal in life, their dream of validation, something they can brag about to their ex-wife and their kids.

>>16869283
I love the deathmachine tslaq crowd who post every crash as if it validates a short position then rage it isnt recalled

>>16869191
>

>>16869088
>Just put my entire life savings into telsa puts
Post proof so I can laugh harder when it goes the other way.

The fan map for jan

>>16869109
Is this virgin galactic?

>>16869300
I truly believe that most of them are just the Timmy archetype.
They all want to be the anime strategist who has the light flashing on their glasses and says "heh, all according to keikaku" when their short trade all comes together.
From my perspective, that is 1000% the mindset that is fueling these people who get obsessed over one single trade. It happens to other people/trades as well, it's just that for the TSLA shorts they made a whole community and multiple websites/channels/blogs about it.
Just think of it as an expensive LARPing community.

>>16869346
I think a lot of it is was over-estimating existing car companies and their ability to completely revolutionize for EV just like Tesla is.

I was pretty sure on Tesla because of the dealership issues primarily.

>>16869321
No, it's me

>>16869346
And at the other end, faggots constantly screaming about how Tesla is the new Apple.

>>16869409
Lol. It looks like my graph. How many share of SNSS do you have?

>>16869387
yeah I don't care that much about the details on TSLA: I/we have no position in the stock currently and I/we are making no recommendations on valuation. History will determine the winner of this one.
I'm just making an observation about the general mindset of some of these guys who are basically cosplaying as market analysts and experts, they are drawn to stocks like TSLA and BYND like moths to a flame.

>>16869203
you did good, hold until next week

Ready to go to space

Kind of new to leveraged ETF's, what are the chances PILL could one day go as high as SOXL?

a company called Elegance Brands Inc and this is their drink
and they are still a pre-IPO

Should I invest when it becomes an official IPO?

https://finance.yahoo.com/news/elegance-brands-inc-announces-closing-222400088.html?guccounter=1

>>16869551
>CBB drinks

Hard no

Is GALT worth buying now?

>ACB at 2.11 in extended hours
It's only a matter of time before it breaks range, tests the 2.27 wick and then 2.40. Let's do it tomorrow

>>16869735
Maybe my 2.5 dollar calls might actually be worth something

>>16869427
95k

>>16869750
Probably will be. My target is 3.40-4.05

Well I've done it. I've squandered all $2,600 of profits in just 4 weeks. At least all of my options are gonna expire on friday and im really just back to where i started. Is it time to throw all my money into a bunch of ETF's and forget about my account for a while?

>>16869919
fucking kek

>>16869735
Are you the same frog always on point with his predictions? Teach me your ways.

>>16869919
get back in there and fight.
are you a quitter, boy? I didn't raise no damn quitter! You call your bank and ask for more margin. You call them tonight. You're a winner, you're a stock market champion. Not some diversified fund-purchasing child. Take back the money that they stole from you!

Got 12108 shares of ONTX. Even at just $1 I've doubled my investment. At 2.5 that grows to 30,270. At 4 my bag fills to 48,432. If this hits 9 or more well I've cracked 100,000. 8 will be damn close at 96,864. Just waiting for good news to drop.

>>16869919
It's time to buy SNSS

>>16870032
Grats anon, I am holding 6000 shares of ONTX at 0.382 average. Most of my money is in SNSS but if ONTX hit 7 bucks I'd make back my SNSS investment from that profit LOL

>>16869919
Time to make larger time horizon trades

>>16870055
Thanks. Be nice to wake up to see over 100,000 staring at me but I'd gladly take 48,000 in a heartbeat.

>>16870007
Thanks Fren! Just went all in on more biopharma. See you in paradise! (or hell)

>>16870007
God fucking damnit I'm making big baller moves only from this point on.

>>16869977
Price action and trends, that's all you need.. shit like ACB is just too easy because it only has one area where price could head to for a potential bounce, the "problem" was the fact that it took 2 years for it to get there. But on the larger scale of things, trading price action trends is the best way to stay profitable over a longer period of time. So start learning. Also, let's not forget risk management. As an example, pic related is my GME trade that I have been posting here from time to time, obviously not every trade will work out perfectly but with stop losses and profit targets it doesn't even matter. Red lines were 10% profit targets, orange area was a 50% profit target and the red area on-top of the daily gap is where you take the rest of the position (which was 20% for me), but since GME have now tanked it stopped me out at 4.95. Literally just textbook stuff.

>DARE up over 100% in the last few days

does anyone here remember the old CERU (my nigga)?

>>16870172
Yep. What happened to that fine African gentleman?

This is some pajeet-tier bullshit

Just a question about the trade deal signing today. Is enforcement via mutual agreement where China or the US can walk away from the deal and the consequences from walking away enough to have the Chinese keep following it?

>>16870206
The only enforcement is if one country thinks the other is screwing them, the trade war will resume. Also China is infamous for slowly walking back on promises, because they know the average person doesn't care about something more than 1 week past the news cycle.

>>16870224
Yeah I feel like the Chinese are probably gonna renege somehow in the next 6 months and we'll be right back where we started. I'd put it at 50% odds.
Looks like Trump's re-election odds are pretty decent right now, which is good for putting more pressure on the Chinese if they try and play any games (they probably will). If some big negative Trump thing happens to really hurt his re-election odds it could be a sign to China to put some pressure on.

>>16870224
Oh okay, so I am guessing when China can take enough of a breather and doesn't care about ratcheting the war up again is when they will break it. Seems reasonable but highly likely.

insider here GALT buyout set to occur 2 days ago

load up now

>>16870258
>Chinese are probably gonna renege somehow
What's to renege on? Everything they "promised" was explicitly non-binding.

GODDAMN IT DORSEY YOULL RUIN EVERYTHING

...it’s dangerous and wacky! Keep eating fabulous frito lay snacks while streaming Disney plus! Wash it down with Gatorade and plug in your Nintendo Switch PRO!! Then let Eli Lilly moderate your blood glucose when your liver gives up! Let merck’s Keytruda cure your lung cancer! Everything’s good just don’t unplug!

MEDITATION NEVER CONTRIBUTED A DIME TO GDP!! THIS IS TREASON!!

>>16870275
Some of them were supposed to be binding commitments when they joined the WTO and etc.

>>16870275
they agreed to buy a bunch of stuff right?
and isn't there tariff decrease from both sides?

>>16870312
China agreed to no longer restrict imports of the things listed in the agreement. Think of it as lifting a ban, it doesn't guarantee an outcome. Also a some of the things listed in the P1 document aren't even manufactured in the US.

>>16870351
It’s pure Trump. All show and no substance. And it’s working.

But when we win the trade war, it might be more due to Powell than anything trump has done.

>>16870351
I'm sure that they will try and find a way to renege on it. It's in their DNA and in their culture, they cannot resist. It might be tough for them, but they can be very resourceful in certain situations.

If you think that you are capable of writing up any kind of agreement that the Chinese can't renege on, you should contact the US Office of the Trade Representative and apply for a job. You'd be making history.

>>16870275
>insider here GALT buyout set to occur 2 days ago
I'm ready to suck you off if so.

>>16870275
>2 days ago
Is this a joke about the insider post about GALT recently?

>>16870170
Mind highlight ACB for me?

>>16869919
never give up, never surrender. Writing options is the way to go, here is proof.

how many options have you written this week anon?

>>16870449
wait what happened to your leverage?
did you turn off the Robinhood margin?
how can you tell someone else to not give up when you went from margin to no-margin?

>>16870486
>300 shares of AMD at $48.66 = $14,598
>Account value $7377
anon, I...

>>16870502
hey my bad. I'm not a mathematician or something like that.
I thought that RH displayed the full account value including the margin for some reason.
I'm sorry that I implied that you were a quitter; I was mistaken.

>>16870525
It's all good fren, I don't mind; RH simply displays your own equity stake.

OGI confirmed moon mission, get your tickets before it's too late

>>16870560
Not gonna fall for this again.

>>16869735
>>16869750
>>16869906

HH BROTHER

>>16870449
Just two this week but most of the ones ive previously written expire on friday. Nearly all went to zero so i guess im just looking for something else to trade thats not biopharma stuff.

>>16870435
There's only the buy zone on the chart though. ACB is one of my largest trades I have ever done so profit targets will be very different, hence why I never marked them out

>>16867160
Aapl has been negative two days in a row. Sometimes high flyers perform poorly into good earnings

>>16870607
I just want to be clear on terminology here since you wrote
>At least all of my options are gonna expire on friday and im really just back to where i started
that when I say I wrote options, I didn't buy options. I sold options to people who buy options. I'm short calls. Forgive me if I'm wrong, but it sounds like you got burned on buying options. Don't do that. Always write instead.

>>16870643
Ah, my bad on the terminology. Never tried to write options before. I'd have to sell most of the stocks im holding to have enough cash to back them up, but maybe I'll give it a shot.

I hope you guys bought Wells Fargo at a steal today!

Anyone ever do True Value vs Market value on stocks? Using it as a basis to understand the momentum in a stock?

I was thinking that recessions in stock price don't make much sense. They fall way too much for the inevitable spring back up.

Mine are: Googl 2200, Tsla 750, NVDA 300

This means the negative momentum on these stocks is pretty high.

>>16870792
Also it's weird. I know Googl is the most undervalued but at the same time know it won't budge quickly because the market doesn't want to believe it.

I guess I really should be more objective and go heavily into Googl since it's by far the best investment choice in the market right now.

>>16870673
Cramer did NOT say that!

I bank with Wells Fargo and I have nothing good to say about them. They could turn it around but it could take a while. It’s the KHC of banks.

>>16870860
>Wells Fargo
>Nothing but good things to say
Pick one.

THREADLY REMEMBER TO BUY AT ALL TIME HIGHS

>>16870874
pile the fuck in

Who knows when Tech will get fairly valued and double

>>16869209
You get a few tastes of +600% gains.

>tech is dominating
>tech is where all the growth is
>time to sell and go into things not growing

>>16870871
That’s not what I posted. That’s the opposite of what I posted.

>>16870874
You do realize we’ve been hitting all time highs for months right?
Cramer advocates buying whe companies are 6~8% lower than 52 week highs generally.

>>16870871
>reading comprehension: 0
never change, 4chan(nel).

whats the best crispr company.

>>16870959
Crispr.

>>16870959
just buy ARKG

>>16870792
just buy QLD

>>16870792
FA is the ultimate indicator and pinnacle of investing but I’d analyze more than value. You’re on a good path though, anon.

Just wanted to toss out this little gem: A few of ONTX key management personal (CEO included) came from Novartis. Sometimes digging through the investor pages can yield some damn good info.. Now I'm not saying any buyout offers or anything of that sort but if ONTX does deliver the goods it makes it likely Novartis would get the first bite at the apple.

>>16870999
Checked

>>16870973
I like ARKG was just looking at it. Feel like NVTA + ILMN would be good to hold long-term if I get done with current trade ideas

>>16870926

I wasn't waiting for Cramer to tell me what to do. When the selloff started when the market opened up I let it bleed off another 2% and bought.

11.3% down in the last month yet still under it's valuation, i think it was a good play. also the dividend, because my entire port is dividend stocks.

Typically I listen to the mad money recap podcast on my drive to work.

>>16871079
Pretty based but I’d rather buy the other banks in the sector that sold off just because wells did.

Kekkies at the news that Goldman sold ALL of their Uber shares the day their lockup expired.

Hear good things about GS, JPM, and BAC, I’d really like Schwab to get slammed over a bit so I could buy some.

>trying to consolidate all of my "investments" atm
>lost my nano ledger s, had about 1k shitcoins on it
>crypto exchanges all now require a shit tonne of kyc nonsense, makes it harder to get funds out
>found about ~$650 worth of an insurance company stock that my parents gave me years ago
>used to be worth 2k but the government fucked its shit up. went from a 6% dividend to 0% lmao
>want to transfer it to my main brokerage
>mfw they want to charge $69 for the service
>$69 to transfer stocks
>$69

what is this hebrew nonsense?

>>16871108
Uber is absolutely garbage. Everyone non-boomer sold out completely

>>16871146
you're trying to get paper shares into the brokerage account, or are you trying to go brokerage->brokerage?
what is the brokerage that you're trying to get it into?
You might be able to complain a bit and get them to waive some of the fee

Well shit. Still gonna hold

>>16871191
its just listed as a "stock transfer" company, i dont think they provide brokerage services

trying to transfer it from computershare into commsec

>>16870973
>just buy QLD
NEED > QLD

I hope Powell has a stroke and raises the fed rate target to 10% so I can buy everything.

>short an upwards market
stuck with no where to rotate

>long a down market
lots of cheapies and rotation plays

why ever go short?

>>16871215
>Australia
I am sorry, there is nothing that I can do to assist you

>>16871236
that is rude
the Chairman is in exceptional health; in fact, as the money supply becomes even more robust, Jerome becomes ever stronger.

I might get some KR stock. Currently it's under $30 a pop and forks out a 0.16 x 4 Divvy. Considering that in 2017 it was $140+ a share it's undervalued as hell. It has various other brands/divisions not just the Kroger stores most people think about. Also do you really think KR is going anyplace? Hell no. The only real competition is Walmart and Amazon (Whole Foods). The trend is going towards online ordering anyway. Soon as they do away with the plastic bags in stores (and you'll have to provide your own and pay for them to boot) the days of in store grocery shopping is gone. Why bother paying for your own bags when you can just order online and some employee will bring your shit out to the car and load it for you?

>>16871203
I can tell you from my experience with NVAX, that did a 1-20 RS earlier last year, that holding through that is probably a mistake.

also, does anyone know how dividends work for US shares owned by someone from outside the country? do we pay a flat tax or something?

>>16868666
Sheesh. First it was GALT in that other thread. Now you've cursed all these other stocks too. I'm thinking biotech should juat be written off entirely. Maybe consumer staples would be a good sector to start looking into again.

So we all know it's going to pump, the question is by how much?

>>16871543
do all brokerage desktop platforms look the same? IB looks almost identical to this, just not as good

>>16871543
I just want to see an infinity squeeze

Should I buy SPCE now on approx. 15,30 dollars or wait for the dip?

>>16871146
Depending on your circumstances, it might be cheaper to sell the stock and repurchase it through the new broker. That would depend mainly on your capital gains tax rate.

>>16871558
how do capital gains work for something that was given to you, where the asset is down substantially since ownership has been changed?

>>16871582
you might have to look up what the aussie gifting rules are
But for a couple thousand bucks, you might not have to pay tax on it. I think US gifting limit is 5k/year

The Fud cometh

https://www.cnbc.com/2020/01/16/new-tesla-registrations-in-california-nearly-halved-in-q4.html

>>16871543
>$6k for a $550 Jun Call.

Fuck TSLA.

>>16871146
It shouldn't cost you anything or at least less than that depending on whether the shares are chess sponsored etc.
Just do the transfer directly through computershare or commsec:
https://www.commsec.com.au/support/frequently-asked-questions/14.html
https://cda-au.computershare.com/Content/09831aaf-abbb-4370-9ad9-01a8867dc974

Honestly speaking, while Commsec have decent tools compared to the other banks the fees really are shitty.

>>16871622
alrighty thanks for that. will try it through the commsec side

im only using commsec for dividend stocks on the asx. definitely dont use it for trading memes on here, fuck that

where are the insiders calling daily top gainers?

>>16867348
Risky, but pcg maybe

>>16871638
so I actually own some RBZ and made some money off of that today
I would never suggest that anyone else buy it because it's a shitty little pennystock...
some kids in here were talking about OGI all last night though

>>16871452
We pay a %15 flat tax rate on the dividends to the US, which we can be later claimed as tax paid in Australia, because we have a tax treaty with them. Make sure to fill in a W8BEN.

>>16871582
https://www.ato.gov.au/General/Capital-gains-tax/Deceased-estates-and-inheritances/
Reasonably speaking you inherit the cost base of the item when it was purchased, this will be different if it was purchased before 85.

>>16871530
>VFF

BASUBARU IS THIS A SIGN?!?

And yes actually if there are no big deals in the week after JPM then the sector might be a little boring for a while. Goldman has a conference sometime. But I don’t know if there are any big events like JPM or ASH any time soon.

>>16871601
I doubt it’ll make a difference, the hype is too strong.

Holyshit I didn't realize getting into stocks would change all of my YouTube ads into some fucking schmuck shilling their bullshit investment education

>>16871693
Tfw accumulating F. Will I make it?

>>16871705
>So I was thinking "How can I make more passive income online"

>>16871656
>We pay a %15 flat tax rate on the dividends to the US

fantastic. was just reading through the part where we can claim it as tax paid. will give that inheritance info a read. appreciated

are you a regular poster to this general? i havent seen an asx general in quite a long time now

>>16871693
>VFF
>BASUBARU IS THIS A SIGN?!?
k so weed sector has these big bounces every once in a while. The test is whether they 1) hold a higher low after the sell off or, 2) don't sell off and continue rising on heavy volume. If I were trading VFF I would put a stop loss somewhere around high $5 to $6.00 area and cross my fingers. Fortunately VFF already had significant volume last trading session so... maybe it can hold a higher low this time? Unfortunately it's not just VFF you need to worry about. Whole weed sector moves in tandem aside from the rare anomalies so you need almost all of the rest of the dude weed to stay bullish, too.

For me, I'm not going back in to dude weed stonks until I see a pump like the current one followed by consolidation with a higher low, followed by a buy signal from my hokem pokems.

>>16871705
>youtube
>ads
You mean recommended videos, right? You- you don't actually let youtube ads load... do you?

>>16866954
good morning /smg/

>>16871749
are you a Europe or something

>>16871762
yes

>>16871693
>>16871730
If VFF does break out and start running, take a partial profit at $9. That's the biggest hurdle it will face on a rise to the next big resistance at 14.

>>16871780
What about OGI

>>16871705
Losing lots of money? Not having fun in the stock market? I got the solution.

Every video

>>16871693
>>16871730
The ID says "VFF: 2 yr. OK," meaning that it's a decent investment to hold over the next two years. You can't go wrong buying now.

I didn’t realize warren went after sanders so hard! Sounds like everyone did! I asked you guys and you just said it was boring... that would have been a big buy signal for PILL and CURE. It might still be a buy for maybe XPH or something.

>>16871830
>>16871830
Bro it clearly means wait two years and then everything is daijoubou for VFF
>>16871780
I think I might just steer clear of the sector... like forever. Is this legislation the real deal? I would think cron would be the way to go because of Altria’s stake and guiding hand, and possibly CGC.

>>16871798
Technically same situation. First resistances are around 3.25 and 3.80-4.00ish. Careful about OGI though. You have to understand that what happened today was a short squeeze. Short squeezes don't necessarily lead to trend reversals. You need people willing to buy those higher prices to keep the thing going.

>>16871849
>Is this legislation the real deal?
It's not release the mega bulls legislation but every little bit counts. Eventually the US will have a cumulative amount of pro weed legislation to unleash the bulls prior to, or in absence of, the biggie: federal legalization.

>>16871849
They are trying to shut Bernie down so that he doesn't have a chance at getting the nom. CNN didn't put the camera on him much, and when they did, he was under pressure.
That being said, none of it is surprising, it's a tradition at this point that the DNC/CNN wacks Bernie at this stage of the cycle.

I'm curious at what happens if somehow Bloomberg wins Iowa (he was in zero of the debates AFAIK).

>>16871775
what is ur opinion on the 80 years war?
how much do you learn about the 80 years war in your European high school?

>>16871886
Explain to me why bernie and yang, the two people actually like, are pushed away in favor of ones no one likes. Do they want to win or not

>>16871272
I'm up over 11% even with that shit show selloff so I guess I should just get out. But I still think the company has a chance for a rebound in the future. Guess I'll take profit and keep it on my shortlist to buy back in when it settles.

>>16871736
Probably on his cuckPad

>>16871886
>what is ur opinion on the 80 years war?
limited, im a scandinavia so not muhc colonial history in school
crusades were entirely justified though

>>16871894
The DNC is like a really poorly run company. They have a wide network of influence and control (media, celebrities, etc.), they have mountains of money, but the leadership is all corrupt idiots. When I say corrupt it really has to do with their ultra-rich donors that bankroll everything; even though the democrats really want to paint the republicans as rich and in-bed with lobbyists (and sure, they are) the democratic party is basically run that way. The rich donors have a lot of say in how things go, which is why the democrats can be slow as molasses to adapt.
They only want "their people" to win. So no Bernie, no Yang, no Tulsi.

Yeah, they want to win but they are bad at it. On the other hand, losing isn't really that bad for most of the politicians involved. Having a person like Trump to speak against is actually really good for every democratic politician in the country. They have a really simple talking point, they just "hey I don't like Trump..." and then they collect donation money and win re-elections. Not too bad a of a deal.

>>16871928
I hope that you covered the 30 years war a bit?

>>16871886
If I’m being honest with you, which is unlikely, I don’t actually care much. I don’t think Bernie could win even if we were in a recession. And He and Liz were letdowns in advancing single payer, which would hurt my stocks but probably be good for the us economy and citizens in the long run. Absolute nonsense saying they’ll abolish private healthcare and give this new and untested service away for free to illegal immigrants. Not palatable and not likely.

If I’m being a conspiracy theorist I’d say Washington (both sides) absolutely want to trap warren and sanders in impeachment hearings to cripple them while Biden (the establishment candidate) makes a half-hearted attempt.

>>16871894
Bernie is a bristly jewish socialist who just had a heart attack, it doesn’t seem likely he would be elected as US president.

Yang is a huge let down. Too soft. Only one real platform. He hits the UBI topic, but then really had nothing much to say, except repeating the “Asian good at math” line. He was soft on China, and failed to stand out at the debates. The US likes a strong presence in their leaders. Yang faded into the background rather than fighting for time to get his message across like kloubachar.

>>16871936
yes, there was a lot about the swedish empire
its still been 20 years so i dont remember much

>>16871940
>half-hearted attempt
Biden would struggle for even that much... his heart is pumping at like 25% now, he was barely able to keep his eyes open for 60 seconds while answering questions. The man is half dead. Bernie looked vibrant and energetic in comparison to Biden.

>>16871952
I guess it's still more than we learned about in US high school
pre-FrenchRev stuff is such an interesting time in history. Swedish Empire was very cool.

>>16871905
That's what I'd recommend.

>>16871962
french revolution was boring as fuck though
nothing at all like the swedish blood bath of 1520
some about the glory days of the british empire, holy roman empire, the filthy danes
barely anything about the first or second world war though, half of it was about finland not losing against soviet
barely anything at all about the usa, some about the war for independence and the civil war, some lincon dude, slaves, and uncalled for revolt against the british

>>16871940
Biden is all but confirmed at this point barring some insane flub in my opine. Very weak candidate from a very weak field, what a disappointment.
>>16871952
The English Civil War (and tack on the glorious revolution for extra) is the most interesting and important time period in human history barring contentious prehistoric events. The revolution against not just the king but his divine right to rule rendered it a literal conflict against God, what a premise.

>>16871984
>the filthy danes
tell me what you think about the Danes
I'm jealous of them because they are tallest and seemingly the best at videogames of all Europeans. (I'm 196cm so it isn't that bad...)

in US we spend at least 1.5 years total on the holocaust during middle school + high school. The rest is the American revolution, early Mediterranean history, and whatever else that the teachers decide to cover.
There is an unfortunate lack of Anglo- and continental history in the 15th 16th 17th 18th centuries.

>>16871252
My Kroger overprices meat and has rotten produce. Even the Walmart Neighborhood Market has more customers and higher quality service.

>>16872008
the english civil war was pretty cool, but i still prefer the crusades
imagine going to war for the holy roman church at the behest of God himself

>>16872013
danes today are ok, they talk a bit weird
they also cycle everywhere in the big cities, which is annoying but they're pretty respectful of cars and pedestrians

>>16869313
tesla reports on the 28th

>>16872063
ooooh I didn't think about the crusades. de Molay is a particularly interest character, clearly practiced some kind of mystery religion, maybe picked up a lil manichaen philosophy or something in Asia minor. My freind wants to write a pynchon-esque picaresque novel about them someday, he's actually smart enuff to do it too.

futres went 13 cents away from 3300, Party Hats

next one is all about the purest form of love
>>16872233

>>16872233
>>16872233

>>16871849
You needed someone to tell you that there would be leads in the Democratic debate?

>>16872295
?