/biz/ - Business & Finance

Is a CEO exercising underwater options a bullish sign?

Going to sell my first covered call on NVTA into earnings next week. Wish my luck frens

bye bye beautiful~
https://www.youtube.com/watch?v=pRWjLLpwnOM

>>17266966
good luck, will be interested if you would elaborate your insights after this new step, for better or worse

My tax refund just got approved. What options should I buy and why?

I’m thinking about dropping $2k on amd calls

>>17267022
nice SS

>>17267044
this

>>17267022
F and rip

>>17266966
Why? Not saying its a bad idea, just saying a newbie usually is more hesitant and sometimes even does some good research. So I would like to hear what you have to say.

I'm going to go get a $20 fill up bucket from KFC.

>>17267199
I'm already up 30% and IV is 110%. It's my first covered call, not my first trade. Capping my upside at +16% but reducing potential downside. Chart doesn't capture IV crush because it's based on Black-Scholes so I think the actual outcome is better than shown, but I plan on closing it the day after earnings regardless of outcome

I hope Monday's guaranteed repeat conference of last Tuesday tanks ONTX. I would love to get a position below .3

>>17267269
I misunderstood.
Good luck. Looking at NVAT selling before earnings is the only rational thing to do. No way they will meet expectations unless they literally developed a cure for all cancer.

Got a tip for you chumps: Avrobio (AVRO) had a nice big dip last week and hit recovery only 2 days after. Easy 3x on contracts now that they're on sale!

I hope Hong Kong bro is watching us peacefully from heaven

Do the Chinese use coffee shops like the US and Euros?

>>17267269
>>17267269
how do you view these payout and losses estimations table? what site is that

>>17267377
>AVRO
Nice RP

If I bought the 2/21 $25 SPCE calls on Thursday when the price was still around 23-24, what would I make if I sold them now?

Back from KFC guys

>>17266926
Where's dividend bro
I need some dividend stocks for the low risk part of my portfolio

>>17267291
if that happens im buying up more ONTX. probably buying up regardless, i just found out they will pay estimated .75 per share dividends end of march

>>17266926
I've made bank on DRDgold this last year and want to take my gains and put it into dividend producing commodities stocks (utilities, agriculture, maybe oil) in emerging markets. Anyone got any recommendations?

Wait so I can just buy 100 shares, sell a way OTM covered call on a high IV stock, say one with earnings coming up, and just rake in the $$$?

>>17267589
yes

>>17267496
looks like it's $440 now

>>17266926
I'm so tired bros. All I want is to make it. I have a good amount of money saved for a 24 year old, but it's not growing fast enough for me to be satisfied. I don't give a fuck if I can retire at 55 instead of 65 or some shit. I plan on killing myself before then anyway. I think I'm just gonna apply for options trading and YOLO my savings away. The $100k that I have saved won't be worth jack shit except for maybe at the end of my life, but if I could turn it into a couple million I might be able to truly live life while I'm still young.

I just want to know what it feels like to be free.

>>17267513
Get Mo, enjoy over 7% divies

Look at my boring ass portfolio. Look at the patterns of ups and downs, it's the fucking same. Is that retarded of me? I'm thinking about pulling $10k out of VTI and playing around with it.

>it's only Saturday
>markets open on Tuesday

>>17267630
That's a p sweet yield, I don't know if I'm too bullish on ciggie sales tho

>>17267633
I like it, finger lickin' good. Wa la

>>17267513
MRK getting back down to an attractive level. ABBV looks like a street favorite right now. PEP is a king of snacking.
>>17267633
I hope it’s in an IRA or 401K, otherwise you’ll be paying taxes and have less money to invest. Might want to leave it where it is rather than pay the taxman.

>11% dividend yield
How bad am I going to get burned guys?

>>17267504
I hope you brought enough back for everyone Anon

>>17267504
Did you get me anything?
>>17267785
Alright, I'll take a look at em, thanks m8e
>>17267777
checked

>>17267514
source?

>>17267786
You'll be fine if Trump wins. If not, hope you bought the bottom.

>>17267651
That's why we have crypto, it's extremely comfy having a 24/7 market

WHAT THE FFFFFFFFUUUUUUCCCCCCKKKKKK

WHY ARE THERE MUTUAL FUND FEES TO BUY A VANGUARD FUND THROUGH SCHWAB

THEY WANT ME TO PAY 1.6% OF THE MINIMUM INVESTMENT???!!!!

Goddamn it I want this in my Roth IRA. Do I have to open a fucking second Roth IRA through Vanguard this year? This is bullshit.

>>17267947
Yikes.

Should I wait for the election to be in full swing to get some fossil fuel stocks?
I'm thinking it might dib on uncertainty and then shoot back up when Trump wins again.
>>17267947
christ, fuck that, wouldn't even consider paying that sort of fee

Uh I'm not a financial guru or nothing but I do know that the one thing Big Pharma wants is insane Profit. The life saving part of the deal is just the sweet icing that hides the real motivations from the public eye. If it'll keep your ass alive no one blinks at the cost. That said, ONTX is doing a drug study with bristol myers, not the current Phase 3 one but another one. Now like I said the only motivation is Profit. bristol myers is in the cancer game. If ONTX's phase 3 results come back good and since bristol myers is already in bed with them (so to speak), well why wouldn't they buy ONTX? They'd get two drugs for cheap. The Phase 3 one and the one involved in the study.

I'm thinking it's time to buy puts on SPCE. $20 strikeprice for mid march sound profitable?

>>17267938
but no liquid options on them :(

KOTOWARU

>>17267999
>>17267777
Wow. Good job!

>>17267947
Glad I'm using e-trade

>>17268004

You forgot to mention Fat Green Bags of Cash, both capitalized because they're proper nouns apparently.

>>17268014
Who the fuck knows in this clown market
my tsla puts made me wary of betting against memes, but every rational part of me knows it can't go up forever.
>>17268004
that's a real possibility, smaller drug companies get snatched up quite often if I'm not mistaken

imagine how the current market would look like without the whole coronavirus thing

Alright Pharma-memers

What do we know about MMED and Imara?

>>17267938
>That's why we have crypto
not lookin so hot my man

I wonder what the reasoning is behind closing the stock market on the weekends. Is it just that brokerages are lazy, or is there some better reason?

>>17268242
just a relic from stoink history, when people were the ones actually doing most of the trades

>>17268242
To go to the movies. You should have invited me. We could have gone to AMC, buy some popcorn and drink KO.

>>17268242
To give you time to share your SNSS holdings

>>17267022
Lending money to the government interest free.
HA

>>17267947
Only reason I use Schwab is because their overview page UI feels the most visually appealing, considering I have accounts across several different companies. Their trading UI sucks

>>17268037
Just get a crypto account on the side then? There's strategies out there that pays you twice a day just to hold a short position. I caught an ETH short back in august last year and held it until pretty recently. Not to mention that if you know how to trade you can catch bitcoin's moves with ease.
Like right now for example just to give a simple run down because we're at an interesting spot. Bitcoin will either go above 10.5k if it holds where it is now or move down to test ~8.9k if it fails to hold 9.8k (9730 wick included). So you can put down limit orders between 9850-9750 with a stop loss right at the wick bitcoin did earlier today which would be 9732. Your risk will only be 0.70% and your reward will be 6%+. You might be late to the party now but it's basically just that easy, just wait for the move to happen and place your orders in hope of the area holding.

>>17268230
Looks great to me, pic related. Also nobody should care about the shit in that list, the only shit that matters is bitcoin and eth.. eth is strictly just for short hunting though.

>>17268425
I'm an options-only kinda guy, my guy. I used to mine but after a while things changed, pools closed (due to aids), and things got more expensive hardware wise.

>>17268425
Alright, which crypto exchange is best tho?
I want to short the stinky linkies and drink their tears

>>17268456
the one i had was bittrex i believe

>>17267477
My $25 calls are already up 20% in 2 days. Once this hits 30, and it will, we'll see who is RPing!

>>17267476
optionsprofitcalculator.com

>>17268455
Ah all right

>>17268456
No idea, I have only traded bitcoin and eth. Just look for popular exchanges and make sure their Link pair has high volume so you don't get fucked by ridiculous wicks in price

>>17266926
Anybody have a tip of a stable dividend stock? Want an old company (pre 2008) with at least 5% yield, preferably one that haven't lowered their dividend for at least 10 years. Plan to buy for 7000 USD on Monday.

Maybe something outside of US? I've looked over most of the companies in US that suits my criteria (the "aristocrats").

>>17266926
Plz shekelbros help me. I am looking to diversify my dividend paying stocks outside of the US. Looking at commodities/utilities in LatAm or other 'emerging markets' (nigs and spics). Eletrobras looks nice. Anyone else got any good picks?
I just want something that won't tank when this crazy Fedmoney ride comes to an end.

>>17268602
It's not at 5% but DRD gold pays ~3% and is over 150 years old.

FULL DISCLAIMER: I am a new and inexperienced trader. DO NOT do any of the things I do under any circumstances. Eloquence, memelines, and posting charts don't mean shit.
----------------------------------

looking at revising my APT limits for the coming week.
got in at 5.05 and am expecting bad news but think that top limit is too greedy and should move it down to the 5.37 level.
thoughts?

Ahem

>>17268602
T's your friend. 5.2% Yield. $2.08 a share annual dividend. $38 some odd a share. That 7k would net you 179 some odd shares. 179 x 2.08 would be $372.32 a year starting out. Let drip work for you and add more each year. After a while you'd end up with a nice big pile.

Can you tell me the about the last time you lost on a trade, /smg/? What was your reasoning for entering the trade, for cutting your losses, and how much did you lose?

Malaysia PM asked Trump to resign

Malaysia’s Mahathir: ‘I asked Trump to resign to save the US’

5 Days ago

“I asked him to resign to save America,” Mahathir said after a dialogue with French firms on Monday, according to The Star newspaper.

>>17268602
Rio Tinto. Trades as RIO. That's a hot tip friend.

>>17268601
fucking hell
looks like all of these exchanges don't allow burgers
why did it have to be this way bros?

>>17268841
he sounds like a faggot.

What did he mean by this

>>17262446

>>17268602
DNB has a 6,25% yield, might wanna check it out. I bought the dip after the 2019 scandal that affected them.

https://www.straitstimes.com/asia/se-asia/malaysia-says-american-from-cruise-ship-docked-in-cambodia-tests-positive-for

KUALA LUMPUR/SIHANOUKVILLE, CAMBODIA (REUTERS) – An 83-year-old American woman who had been a passenger on a cruise ship that docked in Cambodia after being shunned by other countries has tested positive for the new coronavirus in Malaysia, health authorities said on Saturday (Feb 15).


https://www.ctvnews.ca/world/cambodia-gets-more-praise-for-allowing-cruise-ship-to-dock-1.4813464

SIHANOUKVILLE, CAMBODIA -- The cruise ship that was allowed to dock in Cambodia after being turned away at five other ports by authorities fearful of the spread of the deadly new virus from China disembarked passengers for a second day on Saturday so they can fly home.

After being stranded at sea for two weeks, the MS Westerdam was allowed by Cambodian Prime Minister Hun Sen to dock for what he said were humanitarian reasons.

The Cambodian leader's decision won praise from President Donald Trump, who tweeted: "Thank you to the beautiful country of Cambodia for accepting the ΓåòCarnivalCruise ship Westerdam into your port. The United States will remember your courtesy!"

>>17268902
>entire articles written about one american who tested positive for CV

Epidemic of the century.

>>17268893
By DNB I mean the norwegian bank, since you were looking for non-US stock.

>>17268902
>>>/lgbt/

>>17268884
They’re probably paid shills.

One of the company’s employees has stock options that vested, and they’re pretending it means that it is an insider buying more shares.

>>17268951
You’re replying to a high school student who thinks the market is wrong and he is right.

i will be honest in saying that my 2 biggest investments are in hardcore memestocks shilled here, AMRN and ONTX. I am currently down about 10% on AMRN and up about 20% on ONTX. my personal view is that both have strong fundamentals moving forward but an AMRN double is going to come along on a 6month ish timeline while an ONTX $2.50 or something will happen for Ph3 results which i don't think are coming until end of march at the earliest. I'm sitting and not trying to play the swings (i always get burned when i do). I think both stocks will pay out nicely based on fundamentals (AMRN weekly prescription growth lines up with them probably beating earnings and ONTX could hit a huge patient base if it also targets lung cancer well) but both are going to require patience.

it's like what big daddy buffett said, the stock market is a machine for transferring money from the impatient to the patient.

god bless to everyone on the board though, i wish everyone on here luck with their investments (unless they're shorting mine ;^) ) and a happy long weekend to everyone else in canada as well.

>>17267947
lmao, with its shitty growth returns you wont get that $49.99 fee back for another 5 years with that 3k. what a shit fund

>>17267947
forgot to add its because scwhab are faggots who want you to use their own ETF and mutual funds. so they are deincentizing people from using other ones by adding cuck fees

>>17269013
What do you have against the dividend growth fund?

>>17269009
Or you could have done what I did
>buy shares at .3
>sell at .7
>wait to buy back in at .4 which it WILL drop to
Same with AMRN, if you sold at 25, you could be buying back in at 17 now.

>>17269009
that Buffett quote gets misused a lot
He did not mean "just buy some biopharma meme stocks an wait".
What he meant was, do a huge amount of research into a company: how they earn money, their management, their balance sheet, etc. then buy and hold.
I wish you the best, but unless you've read a lot about Buffett and intelligent investing, you shouldn't just grab one of his quotes out of the air and thing that you are investing responsibly.

What memes are you guys shilling since ontx is deadzies?

>>17268242
it gives insiders who work on the floors or at the brokerage offices first dibbs on their rigged system so they can put in all their own orders in first right at the bell after watching 3 days of buy/sell demand data.

imagine youre a broker, and you see TSLA stock closes on a high of $650 on a friday, and all through the weekend buys for millions of shares are coming in jacking the price up to $850 a share. you go into work on monday at 7am, have your morning coffee and shit, chat with the bros for 20 mins, then pull up your personal trading account, fill out some big buys at the friday $650 price, and process your own order first before going through the rest and as the prices spikes up to $900 in the afternoon you cash out your $500,000 profits, call it a day and head over to the nearest NYC bar to bullshit with the bros while doing cocaine with 9/10 eastern euro escorts

>>17269087
I'm completely aware, I actually sat through both of those scenarios though. Both times I felt like I had egg on my face.

But, I've just gotten burned too many times selling early - especially given that the price targets on ONTX (as loosely credible as analyst targets are) are mostly above $1.

I've only been investing for about a year as well. I have a lot of stupid weedstock losses to claw back, which I think I will and more in the coming year or so, but I'll admit I need to work on coming up with and then backtesting a more robust TA strategy to take advantage of the situations you just mentioned.

As they say in the trailer park, sometimes she goes, sometimes she doesn't.

>>17268425
>hat if you know how to trade you can catch bitcoin's moves with ease.
im calling bs on this but would really like to hear your explanation if this is true

>>17269009

I would quit while you're ahead with ONTX. Tuesday was their last gasping breath. The only people who still talk about it here are trolls and one paid shill who keeps repeating the same song and dance about Fat Green Bags of Cash.

>>17269097
In the case of both AMRN and ONTX, I'm pretty well versed in reading medical studies - I'm not studying bio-related stuff in school, but I read a lot of medical papers for longevity & fitness reasons. I also have a reasonably strong math basis in stats, so I can make sense of the slightly massaged numbers they always put out. You're correct though, I'm a bit of cowboy young moron just having fun with a bit of my paychecks.

>>17269106
Im starting to get erect about Merck again. It’s too damn cheap.

Also the same old shit. LMT, PEP, MA, ABBV, BMY. Also looking to buy AMAT this week.

VERY VERY interested in the MMED IPO.

>>17269110

You're not taking gaps into account.

>>17268841
malaysias about to get corona virused i dont give a shit what that idiot says

>>17268951
she caught it from someone else obviously. the thing that should scare you are all the unreported undocumented cases

>https://www.accuweather.com/en/health-wellness/coronavirus-expert-says-the-virus-will-burn-itself-out-in-about-6-months/679415

thoughts?

>>17269087
i tried to do that with ONTX but robinhood is so slow and that pump n dump happened so fast that by the time i tried to sell it had already dropped to .58
unless you have day trade software its pretty hard to time those pump and dumps on penny stocks

>>17269186
>>17268902
>>17268841
How does any of this effect the quarterly earnings of MasterCard?

>>17269201
It was at .7 for like hours

>>17269186
Already burned out.

>>17269137
>paid shill
i really doubt a boomer company run by non-mic speaking medical jews could even know what a paid shill is let alone pay for one

>>17269229

Go ahead and see for yourself:

https://www.google.com/search?q=4chan+biz+"fat+green+bag"&filter=0

The same fag has been shilling both ONTX and AMRN. If this isn't a wake up call for you to sell you're probably just the same guy sockpuppeting.

>>17269229
What’s the market cap?

If it’s not a large cap, you should assume all the people pumping it here and on stocktwits are just hoping to fool others into buying so they can squeeze out a few more %

What's going on guys? We're in the middle of this century's black swan, yet I'm making money? Clearly the stock market is wrong and I should listen to the red sirens from CNBC, CNN, and /pol/

We've unironically reached a new paradigm

see disc: >>17268741

>>17269106
thinking of hopping on this SDGR kick

>>17269295
They don't want to admit they wasted money on a shed full of water, canned food, and bullets instead of investing in AMD.

>>17269201
Got any recommendations on software? I'm from Europe and the brokers here are painfully slow.

>>17269133
I explained that one scenario as an example. Read and understand price action and trading bitcoin will be the most pure thing you can trade out there even if the major moves are larger than you see on the traditional market. We're about to see another major move in bitcoin like I explained earlier, I'm hedged because I hunted ETH shorts and is currently hoping on BTC holding this upwards moving trend. If it breaks below its 9730 wick we will break the trend and head down to mid/high 8k a.k.a correction phase. I will get stopped out (lose 0.70%) but be up a lot on my ETH short.
It's literally just common knowledge in the world of trading that you would understand yourself as soon as you started learning about it.

Do not sleep on Crispr, /smg/.

>>17269295
>black swan
Nah.

>>17269381
Not true at all, I get way more price action and liquidity with tech and bio/pharma mid and large caps.

>>17269279
I doubt there are 10 people in here with more than 50k in their trading account.

>>17269295
>/pol/
Have you ever heard the story of Chicken Little?
>CNBC
This one is a mixed bag. They’re basically always telling you “be careful and stay invested” so they’re rarely wrong but rarely useful.

>>17266926
Is SPCE the next TSLA?
A few days ago there were a few anons shilling that stock pretty heavily and I just ignored them but then it blew the fuck up. Went from $7 to like $30... Will that shit get to $50 next week?

When is space x gonna go public

>>17269419
Fuck no you don't

>>17269452
Starlink will. SpaceX won't, at least for a long time. It probably isn't profitable and having shareholders and all the shit that comes with it would just slow them down

>>17269451
don't FOMO

>>17267291
I bought some ONTX at .53, did I make a mistake? I did't know about a conference on Monday, now I'm scared!

>>17269333
>2019
Zzzzzz

>>17269451

They don't have a real business model yet. Selling joyrides to millionaires isn't comparable to Tesla and the way that company is revolutionizing the motor vehicle industry.

If VG pivots to supersonic travel, and they manage to correct for the mistakes Concorde made, maybe they'll hit a few hundred in several years. As for servicing shuttles to orbital hotels or moon ferries like they probably want you to believe will be an industry in 2045, not going to happen. Branson is how old now anyway?

kek, what will the reaction be if ONTX flies upon the good news at the conference on Tuesday. The real kick won't be till Phase 3 results but hey every bit helps. All those institutions buying in; they smell money. So do I. I'm not greedy. Just 2.0 is enough for me. $24,312.00, enough to kick start my long range plan. Without fucking me over if any short term shit should happen.

>>17269157
Stay away from biopharma penny stocks, retard.
>t. Medical Jew

>>17269106
TMDX.
>>17269097

>>17269584
no this is literally trash.,

One company: Phoslock Environmental technology. Used to treat algae and contain phosphorus levels in lakes. No competitors. No side effects from treatments. Already deeply successful in china with contracts on several large lakes with further projects in all but guaranteed in the pipeline. Also has inlands into the florida wetlands.

SUCK
MY
GENITALIA

>>17269558
>kek, what will the reaction be if ONTX flies upon the good news at the conference on Tuesday.

The better question is what will be your reaction when ONTX drops another 20% and you invest more thinking you're buying the dip and then it crashes to .25? My guess is you'll still be posting about how everyone else is missing out on an obvious moon mission. Continue blowing your money though, at least it isn't mine.

>>17269608
wow almost a whole thread without your autism

>>17269558
>>17269548

The fact that it didn't run up a second time should worry you. Consider people mad there wasn't a pump, now they either cut losses or sell for a tiny profit on Tuesday.

>>17269611
Unknown market potential. Probably in the trillions. Could even be used in commercial farms down to Cletus' shitty pond

Shoot I'm realizing I may not be smart enough for this stuff.
Reading up on volume, market value and cap,, as well as portfolio rebalancing in funds.
I feel more confused as I go on

>>17269723
what exactly is confusing you fren

>>17269608
Different ID because I’m driving but you’re right, I have no idea what I’m talking about. Absolutely and under no circumstances buy TMDX.

>>17269644
It was nice while it lasted

>>17269551
>company with completed product
>multiple investments from the Bill & Melinda Gates Foundation
>IPO opens at almost double the initial price offering
>goes up another 50% next day
>bears down and holds at 4% above IPO opening
>chaired by the biggest kike you've never heard of
sounds alright to me frankly, will keep in mind going into next week

>>17269608
Always do the opposite of Baggie. If Baggie says a stock is shit (TMDX in this case) go all in.

Anyway, ONTX FDA approval is on the 27th and if all goes well that's when we can expect this stock to go past the dollar. But if there are bad news on Monday it's probably gonna bleed all the way down to .30... But if there are good news then we'll have 2 huge waves to ride. 1 this week that will probably touch .70 again then another pullback to .50 before it shots past the dollar with the FDA approval the next week. Then the earnings on March 5... This shit could get to $2 within the next 2-3 weeks.

>>17269772
wait you're still holding ONTX

>>17269772
>ONTX FDA approval is on the 27th
source?

>>17267947
I was about to open an investing account with them. Do they hit you with any fees for trading stocks?

>>17269739
oh it's just my basic investopedia/ random understanding that's making me repeat the stuff over to make sure it sticks.
Like Volume is amount it's being traded and high volume means lots of activity(typically a good sign I believe), market cap is how much companies supposedly worth-still trying to figure out how to use this to my benefit.
Reblancing is selling shares of what you've profitied in, to invest back into where you've lost value to even it back out for the next period of trading. IV crush is when lots of volatitlity gets 'stabalized' by having an achor point ie earnings report that prices the stock, and typically only the big companies can beat IV crush, so options on earning calls in big companies is more likely for profit than run up on smaller compaines.
Anything else I should know? I kinda understand the 'greeks' at least theta and whatnot but still get lost when people talk about models or strategies and the rest. Can't even do the whole % aspects, just stick with loss/profit in $

>>17269772
You missed your chance

Should I buy 10 shares of SPCE on Tuesday

>>17269742
hes just buttblasted that you’re going to recognize his unique brand of autism and deny him a lung transplant kek

>>17269856
I unironically think SPCE will bounce, so buy at the next dip imo

>>17269723
Nonsense. The market can seem complex at first but you will realize pretty quickly there isn't much to it. It's sort of like learning a programming language or something. And you don't really need to be intimately familiar with parts of the market that don't affect you, as a smol spec little fish.

Don't quit. If you git gud at trading you have an advantage in life.

>>17269772
Onco-NO!-va
Finally, this week's disaster du jour moment goes to small-cap biopharmaceutical company Onconova Therapeutics (NASDAQ:ONTX), which lost 37% on the week after announcing on Thursday that experimental drug rigosertib failed to meet its primary endpoint in its phase 3 ONTIME trial for patients with higher-risk myelodysplastic syndrome (MDS) who had progressed or relapsed while using hypomethylating agents.

Although the median overall survival in Onconova's analysis favored rigosertib at 8.2 months versus 5.8 months for the placebo, a relatively high p-value of 0.27 brought too much of an element of chance to the table in the final results, making them not statistically significant. It may not be a total wash for Onconova and rigosertib, however, as a smaller subset of patients in a post-hoc analysis demonstrated a median overall survival of 8.5 months, compared with 4.7 months in the placebo. This group had a low p-value (implying the differentiation in results was because of rigosertib) and a 33% reduction in death risk relative to the placebo.

Ultimately, Onconova was hoping for a broad-market approval for high-risk MDS but may have to settle for just a sliver, if anything. Let's not forget that rigosertib also failed to deliver in a late-stage study in December for metastatic prostate cancer. The company still has ongoing tests involving rigosertib for low-risk MDS, but beyond that has only an early stage clinical or wholly preclinical platform. Following these results, I'd suggest parking yourself safely on the sidelines unless rigosertib delivers strong results in low-risk MDS.

>>17269878
It was supposed to bounce Friday and carried on going up.

How do you tell the difference between a stock that is about to skyrocket for who knows how long and a stock that is simply a meme and will immediately crash?

What do you think ONTX will be at next week? I'm thinking .47 on Tues, .39 Friday where it will crab.

>>17269815
Start with common shares for at least six months. Options can be dangerous even if you're experienced and have a good handle on price action.

>>17269891
Don’t listen to tripfags. Simple as.

>>17269769
Baggie accidentally called the bottom in the correction of Dec. 2018. He is right from time to time, but never do anything based on his recommendation.

I have never seen LCIshill be right about anything. If you’re driving and LCIshill says go right, and your map says go right, and your instincts say go right, stop the car and get out, clear your head and maybe get a cup of coffee before venturing further.

>>17269815
You're doing fine m8
don't overthink it, you're looking at heuristics of the market, there won't be a 1:1 relationship between the indicator and the future price of the stock, if it did, there would be a lot more billionaires.
Your descriptions are right, so you're good there.
In terms of other stuff you should know, read up on how the fed works if you haven't yet, it's important.
If you're going to do options, make sure you know about all the various spreads and such, and have a really good understanding of the greeks. Though if you're really new to this, you probably shouldn't trade options.

>>17269930
thats just cause WSB fucking dog piled it, same thing with MSFT, it still dipped and corrected, thats what Im saying, buy the dip

>>17269295
Even if one million Chinese were to die tomorrow the market would react only marginally, if at all. We're at the stage of the inflationary cycle where everyone understands the stocks won't go down, because the Federal Reserve and China will keep them afloat at all costs.

The end result will be Weimar-tier hyperinflation then an enormous deflationary breakdown to rival the Great Depression. But until that point? Keep on buying, baby.

>>17269930
>How do you tell the difference between a stock that is about to skyrocket for who knows how long and a stock that is simply a meme and will immediately crash?
You don't. However, if a company with no active operations yet is mooning on hype and fomo, you can be confident the ride will encounter a brick wall at some point. Never fomo in to this kind of thing. Wait fir consolidation point, or drop in to rebound, enter there. It might be a bull trap or it might not but it's better than taking -20% because everybody decided it's profit taking time and stop loss trigger cascade dumps all over you.

>>17269930
>How do you tell the difference between a stock that is about to skyrocket for who knows how long and a stock that is simply a meme and will immediately crash?

The meme stocks are generally companies you've never heard of. SPCE hasn't been around for long but the Virgin Group has, and it's an extremely successful enterprise at that. SPCE possesses an unusual combination of brand recognition, market control, bleeding-edge technology, and star power (no pun intended). It's not going up to 1000K but it's not crashing to nothing. It's probably due for a correction, like Tesla was, but will maintain its price and probably edge higher.

>>17269961
I'll wait for the dip

>>17269889
Thanks anon, appreciate it
>>17269947
Oh I'm glad at least what I know is right haha. I'll look into the fed and spreads- those are definetly areas I'm ignorant on.
Broader picture(and I might be talking out of my ass here-not just yield curve predictor) but the delinquency rates on debt is rising at a startingly fast amount, and it's the highest it's been in quite some time. Make me feel like defaults will happen come 2021-again who the fuck am I to say this, but it's just a feeling.
Bull run can't last forever and there are some casual indicators out there that make this tech bubble seem like it won't be able to slow down the fall that much longer

>>17269275
>>17269279
hmm. is this legal? why doesnt /biz/ rally all the posters here to control meme penny stocks for pump and dumps?

soon

one of you fucking faggots tell me which stocks to buy when market goes back up

>>17270063
Only 3 or 4 people here have 5 figure accounts, not enough money to make a difference.

>>17270063
Because prisoners dilemma and game theory and shit.

I have no interest in doing that. I want to get in on shit that institutional money is going to buy the hell out of. They’re much less likely to exitscam me or panicquit the market.

>>17270084
Is there a subject that you have professional experience or education on? Is there a company within that area that is undervalued? Start there. If you want to go further, look at their balance sheet.

Alternatively, buy KO.

>>17270084
>buy
>up
checks out

>>17270084
BRK

>>17269961
WSB is an unnerving place. I never know if I should listen to them or ignore everything they say. Yeah. Maybe I ought to wait for the dip. I'm worried that there won't be a dip for a few days though.

>>17269995
>>17270007
Fuck me. Damned if you do, damned if you don't. I'm going to be pissed if I lose money and pissed if I miss out on gaining it.

>>17270128
>BRK
based on what frog man

>>17270146
based on you being a lazy nigger

>>17270084
Buy a single TMDX, you can even sell it before earnings on the 27th if you don’t trust an anonymous stranger.

>>17269381
thanks but i didnt really see an explanation. also btc is now over 10k again, not anywhere near 8. sooo, maybe your method of arbitary guesses isnt as reliable as you thought? im willing to give the benefit of the doubt but you need to explain why you would pick a random 9730 wick for instance. and why there is a "major move". anyway good luck, hopefully you didnt lose on your shorts too bad

>>17269295
Don’t get caught holding the bag.

Well seems the latest fad sweeping the rich and famous is getting face tats. As if getting the rest of your body covered wasn't enough for you. Won't be long the only part left "ink free" will be your cock (if your a dude).

>>17270146
Asking for handouts and the. Demanding evidence.

>>17270146
He means BRKB unless you can afford BRKA

>>17270138
>I'm going to be pissed if I lose money and pissed if I miss out on gaining it.

That's your problem. You shouldn't base your investment decisions or strategies on anger. Personally, I abide by three principles:

1. Recognize that there are always opportunities
2. Recognize that my money can just as easily go down as it can go up, and that unrealized gains mean nothing
3. Don't be greedy

#3 is the most important.

>>17266926
Accumulate HRTX, PDUFA coming up and just bounced off support at 21.00. It has a solution to post-operative pain that doesn't involve opiods. The CRL it got was for manufacturing issues that have been addressed.

>>17269548
i think its a good buy at its current price. pretty sure it will go up significantly in a few months. and at the end of this month you will probably get about 75 cents per share in dividend

I'm invested for the next year or so, but this is definitely worth reading when shit eventually hits the fan

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

>>17270185
sounds reasonable, but I'm a retard though

you wouldn't try to trick a retard would you?

>>17269558
There was a guy here who said the same about AMRN, you're gonna get fucked with thinking like that. Don't get lucky and shut the fuck up about long range plans.

>be me
>hold $GILD
>every time a faggot gets AIDS, $GILD goes up
>medication made by $GILD ultimately destroys their internal organs and bone marrow — leading them to a painful and agonizing death over the span of decades
>my fucking face when

>>17269558
im excited and only have a few hundred tied into it, cant imagine how you must be feeling especially if it goes wild and breaks into whole numbers again. if it gets bought by a big pharma or investment firm that would be so sweet. we just gotta believe. im gonna put another $200 into it tomorrow i really hope it pays off

>>17269611
whats the stock ticker and is it trading in america?

>>17270061
I think many of us have that feeling, the doomsayers aren't in short supply, yet the market still persists.
There's no simple answer, we're dealing with an incredibly complex system. anyone who claims to fully understand it is lying.
The best you can do is to know the rules of the game, and to hedge your bets accordingly.
There are no gurus, there is no model, the winners will claim their model was superior because it won, and then ignore the fact that they lost 100x before. The doomsayer who predicted the last recession's true value becomes apparent when you compare him to the doomsayer's who every day will say they have the answer, and they will be wrong that day, but some day they will be right. The truth is that they never understood it, it was beyond their control and understanding. They got lucky.
It really is that complicated. So, hedge your bets, and assume growth is a thing that exists, you will be wrong sometimes, you will be right sometimes. That's not to say all methods are worthless, they aren't. But you have to temper your expectations. There is no golden ticket.
sorry for the ramble post I'm a bit drunk/

my mistake, ONTX's FDA is in June and on the 27th is another conference...

>>17270227
>borrow excessively under the assumption that you're going to win a major world war
>lose the war
>print gratuitous amounts of money
>unable to make reparation payments
>start selling off industrial goods
>get into a vicious cycle of printing more money and then selling off more industrial goods to compensate for the inflation

Yep, sounds exactly like the situation the US is in today.

>>17270245
That’s pretty based.
>>17270236
Go to warosu and search for the ticker, I’ve provided my actual opinion on why I think the stock will increase in value before. Buy it or don’t, up to you. For the record I only have 400 shares so it’s not like I’m all in or anything.

I am officially intrigued by SDGR.

>>17270277
earnings report and dividends will be announced around end of march. how are people not buying it up now? the dividens alone make it worth it. dividends of 75 cents per share that cost you 50 cents? hello? even if it goes to 0 you still profit

>>17270221
why would they do that? sounds like bs

>>17270322

Your post history suggests that you're really, really bad at making prudent investment decisions and basically don't know anything about finance.

>>17270084
Drug stocks

>>17270322
Source?

>>17270305
There are a lot of very stupid people here who think the sky is going to fall if Trump doesn’t win re-election. Others who think the sky already is falling. And still others who think their /pol/ fantasies resemble reality.

>>17270146
if you're gonna be a lazy fuck and asking for handouts then you get what you get and don't bitch
want real analysis? do it yourself you lazy fuck

>>17270277
>ONTX's FDA is in June
Right when they are scheduled for deslisting, who here wants to take that risk?

>>17267022
>Over-withholding
never gonna make it

>>17270366
>There are a lot of very stupid people here who think the sky is going to fall if Trump doesn’t win re-election

If Sanders became President? Yes, absolutely. Healthcare and pharmaceuticals stock would be worthless or at best, 10% to 20% of the value it holds now. Bloomberg or some other suit, not so much.

>>17270391
no one is bitching

>>17270275
Appreciate the insight drunk anon.
All advice and sage /biz/ wisdom is welcome!

I've awakened from my birthday reverie, 45 minutes to movie night! Tonight's feature is Windaria (1986), more classicu animu

>>17268766
i've got T already, would like to have many 5%+ stocks and not just all T. just in case they somehow start going down in value and not recovering

>>17268736
>>17268875
>>17268893
cheers, i'll look into them tomorrow!

for people interested:
right now I have my eyes on OXY, MO, HP, SPG for my Monday purchases. seems like stable dividend stocks.

if anybody else have any advice for me (see >>17268602) please let me know, especially interested in non-US stocks (because chances are I haven't heard about them)

>>17270416
Sanders can’t win, so I don’t see much point in entertaining the idea. Many Dems would stay home, and the party would lose big time in congress.

Congressional candidates all over would rush to disavow him so not to get thrown out. It would be a shitshow.

The problem with a sanders candidacy may actually be a unified government with a republican sweep of all three branches.

>>17270488
I advise you not to be overly concerned with dividends. I trust most businesses can use cash to improve their business better than I could to make good investment decisions. They can also buyback shares opportunistcally, because they should know when the market is undervaluing them.

Dividends are a tax inefficient way of returning value to shareholders, even if they are nice.

>>17270366
>gen-x doesn't exist
It still hurts but we're used to it.

I can't believe you guys go through the stress of options trading. Buy and hold is clearly superior.

I've made more money on single equity positions than I would have done doing a decade's worth of options trading. And that's before dividend income

>>17270569
Gen x is the children of the silent generation or something?

There were soooo many boomers though, so there are proportionately more millennials than gen-Xers.

>>17270334
>>17270346
>>17270359

just look up their past dividend history. yeah im new to investing but i got the info online you can look up their dividend history they just paid .75 per share in november for last quarter and their stock was worth like 20 cents a share back then. its not like they have changed anything in their cashflow, they are still working on borrowed funds and in the red and have been that way for a few years so i dont see why they wouldnt pay dividends this quarter.

https://www.marketbeat.com/stocks/NASDAQ/ONTX/earnings/

>>17270572
don't worry, these retards gamble their $300 thinking they're going to be rich.

>>17270638
I made 45k off of $1300 3 weeks ago on top of my boomer KO and SPY divvies. Stay poor, kid.

>>17270635
>eps = dividends

Holy fuck. Never post again.

>>17270488
i couldn't wait until tomorrow, i looked at the suggested stocks (DRD, RIO, DNB) and only DNB meets my criteria, i think i'll get some of that. thanks friend! >>17268984 you don't happen to know a good site that lets you view dividend history for norwegian stocks?

>>17270521
maybe you're right but i got some tesla, amazon, microsoft already. i also want to build up some good dividend stocks. besides, they could also increase in value over time and as long as i spread out over several 'safe' 5%+ yield stocks i hope i'm bound to go plus overall in stock value at least as long as US prints more USD (all that money has to go somewhere)

>>17270572
Why not both?

>>17270635
That's not dividend

Look at me everyone im retarded. 0.05c kr is at 29.80 rn lol

Google will buy my fitbit bag

>>17270668>>17270685

lol i just googledl EPS my bad guys. best i can hope for now is beginners luck i guess

Apparently DFDPX is killing it, completely outpreforming the indexes and the other funds. What are the chances it continues to do so?

And what the hell is Markel?

http://www.schwab.wallst.com/Prospect/Research/mutualfunds/reports/reportRetrieve.asp?symbol=DFDPX&reportType=mfrc&FundName=DF%20Dent%20Premier%20Growth%20Fund

>>17270138
>I'm going to be pissed if I lose money and pissed if I miss out on gaining it.
You have run in to one of the important lessons for trading. Or, a part of the larger lesson anyway. There are two spurious assumptions new traders tend to make:
1. Opportunities for gains are rare (false)
2. It's too late for everything and I would be buying the top of everything (false)

Important take aways here are there are always good entry points available on the stock market somewhere, you will never capture the entire upward swing of any stock ever (unless it's a total fluke), buying parabolic stocks during the parabolic is extremely high risk and relatively low reward. Nobody knows whether or not something like Tilray, Tesla, SPCE, or whatever is going to go crazy bullish. Tesla was a choppy mess until this latest bullish sentiment shift. You just buy stuff that looks good, fundamental wise and/or chart wise, see what happens. Rinse and repeat. Don't be too concerned about gauging the potential upside of any particular stock. Just look for good reasonable risk entries.

>>17270716
what is that font you fag

>>17270760
Sell ONTX on Tuesday, that goes for anyone still holding

>>17270760
Here's a site if you want to look up dividends history quickly:

https://www.dividendchannel.com/history/?symbol=T

Replace T with whatever ticker you are interested in. Look to the right for "Div Yield" (a percentage). Below that is the history in USD (furthest back is 1995/1994 I think). The history chart is a quick way to see if divs have been increasing constantly.

The site wants your email after a couple of page views but I believe you can just enter whatever fake email you want, no confirmation or account needed.

If anybody knows of a good site for looking up dividend history for Norwegian stocks, please let me know.

>>17268337
>>17270399
I “technically” didn’t... I didn’t know my parents wouldn’t do my fafsa so I paid for my college cash. The only reason I got a refund was because of college tax credits.

Why would anyone still be holding ontx?

>>17270266
ASX: PET

Movie night movie night get in here! Start may be haphazard I'm cooking up a storm in the kitchykitchy rn

▲
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>>17270760
if you have the ability to use an internet search and find new information, you're already ahead of most people.
just remember that.

>>17270872
thank you. it is kind of you to teach i hope to repay it some day

>>17270197
Wait what? Read what I said again. I said that it needs to hold above 9.8k to test higher again, if it fails to hold 9.8k we will continue down to the mid/high 8ks. The wick down to 9731(to be precise) matters because that is now the new higher low, if that level breaks algos will instantly push price below the lows that brought us the 10.5k high which means we're in it for a correction because we couldn't keep the upwards trend going. So price is literally doing what its suppose to do because we held the level, I still hope we will come down before going even higher but that might not happen which is a part of trading.
Read mate, read.

>>17271014
thanks yeah i just literally got done reading what market cap means. i thought it was how many stocks existed but its the # of stock x the value per share. thers a lot of terminology that seems like it means something intuitively but it actually doesnt. i just assumed earnings per share meant you earn something per share. i wont assume shit anymore

>>17271063
i see. how do you estimate that? are you just going by feel of price psychology and experience from paying attention for so long? or is there data a noob like me can look over to figure it out

>>17267947
>IRA
Cuck.

>>17271097
as long as you can use your brain and gather new information, you'll be ahead of the pack.
most of the newbies that we get in these threads just ask for information that is easily searchable, they want to be spoonfed every step of the way.

it doesn't matter how much or how little you know, the important thing is being able to THINK and to find new information on your own.
You are going to make it

>>17267624
take a break bizbro

>>17269742
I’m dumb and have seen this shilled for like 2 weeks. How much do I buy? I just want to quit my fucking job.

>>17267947
LITERALLY EVERY 'TOTAL MARKET' RETARD ETF IS JUST LIKE 90% MARKET CAP WEIGHTED FUCKING AAPL , JESUS CHRIST GET OVER URSELF U FUCK

>>17271173
I didn’t realize there were people who enjoyed paying taxes. Thank you for your contributions to cleaning up the deficit.

>>17271213
spoonfeed requester here. I work 60 hours a week while I look for work with my degree. Not a ton of time on my hands and I don't even have any money to use on stocks yet. I still ask a lot of questions that seem stupid to you guys because I'm still extremely eager to get insight on things and see what different strategies and thought processes people put into things.

I'm sorry if I come across as annoying, but it's not like I'm only looking for handouts.

when
>>17270128
answered me, I did legitimately study over things such as their charts, even if he was just meming on me

>>17271305
This isn’t an etf, and aapl isn’t even in its top 10 holdings.

>>17268425
>the only shit that matters is bitcoin and eth
Misspelled monero and monero

>>17270213
>>17270816
Thanks guys.. but also, as a noob, these things you're telling me don't help much. I think they can't entirely sink in until I learn more about this shit.

>>17270755
oh fuck you're holding FIT stock waiting for the court process?
I'm buying leaps and hoping it clears up this year

>>17271338
Based but poor.

>>17271108
Look at the btc chart on the daily, 11feb 2020. We made a low of 9725 back then before pumping up, we're currently holding that level by frontrunning it and making a higher low because it's an important level to hold. Higher lows in these kind of scenarios are extremely important because it will indicate if we're about to break range (trend) and test lower or continue higher to re-test the highs. Keep in mind that we will probably not head for 8.9k in an instant (it can happen but the chance is low) if we break this range, we will bounce around and do the typical stuff.. but the main point is that we will break our upwards going trend if we lose the 9731 wick this dump gave us and what is expected then is to test the next range and see if we will hold that or continue even lower, which is around 8.4-8.9k.
I need to go to sleep but in short, look at the picture I posted. The reason I say 8.9k as the next targetted area is because that green candle I made a pink circle around is what brought us the zone that I marked in the orange circle and 8.9k is the lowest point of that zone which is the most likely target for algos/market makers. The only reason I said "mid/high 8ks" is because 8.9k is the target but they might wick down price to 8.6k or something even though 8.9k will still hold on the daily close.

>>17271338
No, monero is garbage to trade. There's nothing wrong with monero in terms of its use (pretty much the only true anon crypto out there), but to trade monero? Hell no

there's this swedish fund that has +27% in the past 3 months alone. it's printing me around 8k $ every month now.
god this is ridiculous

>>17271528
>>17271108
Also the reason higher lows are important is because it will indicate that price wants to hold the range and keep the trend going (which algos will react to, hence pushes the price up again). If price doesn't make a higher low and bounces the exact price (a.k.a price goes down to 9725 exactly and does a double tap) it usually indicates that the range will break because buyers weren't strong enough to make a higher low. If price bounces UNDER 9725 there's usually just a small retrace before price dumps again.

So..
Price making a higher low = Bullish.
Price break-even = 30% bullish / 70% bearish (from experience, some say it's 50/50 but that's not the case if you ask me)
Price making a lower low = Bearish

>>17271528>>17271626

thx for the patience to explain m8 i really appreciate it.

>>17271716
No problem

>>17269383
>not Editas
Why not?

post portfolios

>Saturday
>2 more days without ritualistic morning coffee and watching /institutionalinvestors/ buying massive lots of SPCE in the premarket

>>17270480
-10/10

>>17271424
Yup. Cant believe large specs are giving me this free 10% money

>>17272006
I apologized!

>>17272016
what the fuck?
is it actually trading at a 10% discount to the buyout price?

>>17272042
more than that now. theyre buying everyone shares for 7.30. The Hands were shook

>>17272096
Thanks for the tip... that really is "money from the impatient to the patient," unless there's something I don't know. Seems like a risk worth taking. Thank you Justice Dept.

hey guys dumb question but are ETFs like SPHD pretty much for people who already made it and are like 65 year old retired boomers trying to park their $500k retirement fund somewhere low risk but that still pays a bit? is there any advantage here for guys like us or is our money better spent on SPY and such for growth with a bit more risk?

im trying to figure out how to divide up my investments and not sure if something like SPHD makes any sense. do you guys think its better to go with VOO and VTI? whats your portfolio look like? i got about 3k to mess with for the time being until i can save more

>>17272096
>>17272042
shit what am i missing out on here can one of u guys explain? is there still a bump in fitbit stock to be gained? or is it over the same way i missed out on t-mobile getting sprint

>>17267624
sso let it ride to millions

>>17272129
Read more and shit. Don't worry so much right now about chasing everything, especially because of FOMO (fear of missing out)

There's a whole archive of old /smg/ threads on warosu, the archives are searchable, and there's all of investopedia to check into to.

There's always an opportunity if you have the funds to take advantage of it, and the ability to spot it.

>>17272111
SPY is for people that don't want to invest time. Just picking stocks that you like without due diligence won't beat SPY.

>>17270399
Isnt it based on income? Doesnt your income go up each year? Why would withholdings ever be exactly 0.

>>17272111
My Roth is only about a year old, so also just starting off, and I've actually added SPHD as one of the heavier weights. My goal is to hold a yield over 5%. In 5-10 years these sorts of ETFs will make you glad you have them. My 401K is about 7 years old and the dividends are much much bigger than I would have thought at this point, which gives me hope that a self-directed account could do even better with some creativity. Pic related is arranged by weighting.

>>17272184
Because it's better to invest your money until tax day and pay it back than have the government hold it for you rent free

>>17271906

>>17272129
The thesis with Fitbit is that they are being acquired by Google for 2.1 billion, paying $7.35 per share for it. Fitbit closed at 6.42 on Friday, which is about 12.5% discount from Google's offer. The risk involved here is that the deal has not closed yet (it's expected to this year). If the deal closes as expected and at the offer price proposed, you shareholders will profit the difference between their cost basis on Fitbit shares and the offer price of 7.35.

Here's the particulars of the offer:
https://investor.fitbit.com/press/press-releases/press-release-details/2019/Fitbit-to-Be-Acquired-by-Google/

>>17271906
I’m getting a $2157 tax refund next week and I’m gonna throw it all into AMD calls

I’m 26 with a pretty good paying job. So far I have a bit over 4K in a 401k and 1k in the stock market.

I’m curious as to the general age and money invested for the folks that frequent these threads. How much do you lads have invested?

>>17272284
Forgot pic

see disc: >>17268741
SDGR is looking better and better.
FAT fucking month of presentations coming up.
https://www.schrodinger.com/conferences-meetings

>>17272285
>19
>8k cc debt
>about $3k in options(once my tax return comes)

>>17272285
>How much do you lads have invested?
It's wildly variable.

>>17272285
u want me to send you my SSN and address too?

>>17272298
Shit man how do you have that much cc debt that young?

>>17272303
Nah that’s okay but a picture of you bent over with a soup ladle in your asshole would be appreciated faggot

>>17272298
What's the interest on that debt?

>>17272306
He's the type of person who'd rather buy options than pay off his credit card debt, so...

>>17272241
Yeah but if your investment goes badly and you need to pay at tax time arent you in a bad spot? Seems like autistic min/maxing of things. Like an auto loan and investing it instead of just buying it.

What are you counting on to moon next?

>>17272303
>u want me to send you my SSN and address too?
Apologizeses sir, I cannot sending the prince of Kashmir's daughter in-law's inheritance to you, sir, without these informations.

>>17272329
Get some easy gains of SUMR on Tuesday... probably a good 10-15% gains before it plummets

>>17272285
>27
>link 100k
>roth ira 16k
>stocks 44k
The stocks is going to drop though, got 1k tesla calls expiring in 2 weeks and it ain't looking too promising.

>>17272329
I would like Crispr to release some revolutionary discovery and moon the thing 500% overnight.

>>17272306
>lied about income to get approved for cc
>quit a full time job to go to community college (I’m only making like $100 a week now. Soon to be $320 starting next week)

>paid $2k for college
>put a car on cc $9k
>went to Miami and spent at least $1.5k (over 700 at strip club)
>spent 1.6k on MacBook Pro
>after quitting FT job I can’t control my spending habits

>>17272340
>link 100k

>>17272355
Honestly it’s not the worst I’ve ever heard of but I admit that I am sorta flabbergasted by how much you didn’t give a shit about the way you used your cc.

>>17272384
I bought at $2 cost basis tyvm.

>>17272354
You really think that'll be the one?
I don't trust my ability to pick the one with the winning tech and medical geniuses... I've considered just grabbing some ARKG but meh. No moonshots for me I guess.

>>17272355
Honestly not the worst I’ve heard of but I still feel sorta flabbergasted with how much you didn’t care how you used your cc

>>17272318
Here

>>17272395
>You really think that'll be the one?
I haven't a clue. The only reason I'm in now is the chart is developing a bullish move and they just beat earnings quite nicely.

>>17272388
it makes sense. He lied on a credit application. They knew and then issued the debt. No better type of customer. I'm in sales, these accounts are cash. They end up paying this shit off for decades

>>17272355
every one of those things is fucked up
as long as only like 5% of the general population are like you (in debt past the point of no return) the economy can remain functional
we're probably getting pretty close

>>17272402
The idea of constantly having debt like that ever present in your life seems pretty damn draining to me

>>17272404
>>17272396
>>17272388
The only one that’s kinda fucked up was I had to pay $2k for college because I couldn’t get my parents to do my fafsa. but I’m getting $2k back from my tax refund due to college tax credits so it kinda worked out lol....

Looking back at it I shoulda started college in January instead of last aug. when I quit my job I went from making $800 a week to >100 and I couldn’t adjust my spending

>>17272397
20% APR?!

You're telling me you can get a guaranteed ROI of 20% per year for every dollar used towards paying that off, and you've decided to use those dollars to gamble on options instead?!

see disc: >>17268741

well it's official boys.
goin all the fuck in on SDGR on tuesday hopefully with a market dip.
nothing exciting just like $800.
wish me luck!

>>17272461
thats the adult way of looking at things though. its more fun to gamble on crypto moons

>>17272423
Imagine never getting a paycheck. I have an app on my phone that tells my what my paycheck is gonna be so I set up the cc payment Wednesday night so the money is deducted as soon as my paycheck comes Friday. That’s the worst part. I’m literally outspending my paycheck and I can’t help myself....

>>17272452
making 800/week post-tax at 19 is pretty nice, especially if you're living with your parents
you shoulda kept that gig going and saved some money instead of grbbbing all that debt

>>17272499
>>17272499
>>17272499

NEW
NEW
NEW

>>17272499
>>17272499
>>17272499

>>17272482
I spend too much frivolously but you’ve made me feel a tiny bit better about myself

>>17272397
Can't you refinance? Transfer all that debt to one card with 0% APR introductory period? Even using student loans to pay that shit down might be worth it. Unless you intend to declare bankruptcy... shit man what the fuck are you doing?

>>17272482
Fuck that sounds awful. so you're working, in school, and in debt up to your eyes?

>>17272509
I might try to get a balance transfer if it gets too bad again(I was completely maxed a couple months ago)

With my current situation I gamble with options because If I pay the credit cards I’ll just spend the money on food or something... I try to have as little spending money as possible to save myself from myself...

I just need like $50k to pay the cc’s and have $40k to keep gambling

>>17272563
What a loser

>>17272590
Lol you’re not going to make it

>>17269201
Nigger, it was 0.7 for half a day

>>17268014
>>17269451
>>17269856
>>17270007
>>17270816
>>17271907
>>17269930
No one is shorting it and liquidity is high, its just a game of chicken and the first one who sells will cause an crash. Thats when you buy. I was way ahead of the curve on this and now I'm pulling back a little for the next dip and going to buy it all back. Just make sure you are holding before summer when they do their first flight which Branson will be on. It will blow past $50.