/biz/ - Business & Finance

S Q Q Q
N
E
E
D

if retail is still bullish i'm holding SQQQ over the weekend.

>r/stocks

>>22419597
based

how do you lose money this week lmao like nigga just sell tech

oh
OH

Me and many others have been posting here for months to avoid overvalued FAGMAN. watch the insane price earnings, watch the fundamentals, buy solid stocks like KO and JNJ.
Anyone who bought apple or retarded 1000 PE TESLA deserves this. Guess it isn’t different this time eh.

>tfw RSI is 98 and you don't take profits

>>22419543
MSFT, NVDA, and TSM are going to be my long term hold tech stocks, alongside 5 non-techs.

Is GME a scam or not? I know everything always dumps after earnings, but still...

So what did we learn this week /smg/?

>>22419695
youre already too late ryan cohens buying the whole business afterhours

GME 75$ by tomorrow

>>22419671
Bought KO on Tuesday. Feels like I'm a part of mid-20th century America.

>>22419716

>>22419695
theyre the block buster of our generation. soon to go under, avoid like the plague. ignore all shills.

Do NOT long:
1. Stocks without options chains (even if you do not intend to use it)
2. Stocks with a history of reverse splits
3. Stocks with multiple equity offerings in the same 3 year period
4. Stocks with bad management and/or bad products/narrative
5. Stocks with below investment grade bond debt
It really is THAT easy. Maximize gains by the following:
>Have larger positions in companies without dividends, sell if they begin dividends
All of these checkmarks are basically checkmarks against ALL biotech micro and small caps. DO NOT LONG biotech micro/smallcaps. The overwhelming fate of all tickers is to go to zero, sometimes just at different rates. Any of those 5 indicators is basically a red flag that you are in one of the majority dumpster fire tickers. If anything, they become pure swing plays.

>>22419695
Go all in right now. $6 is a steal, it's going to fucking moon, that's when you sell

>>22419717
I snagged a few shares right at close tho.

>>22419660
What does it mean...

Is anyone else here a non retard and wants to move to a big city instead of rural Wyoming

>>22419718
WMT, CAT, and V are great non tech stocks.

>>22419671

Both are still up much more year over year than your fossils. Take a nap, gramps.

>>22419716
For me it was don't buy 100 stock just to write a covered call. It should be a stock you actually want, not just anything you can afford.

>>22419718
I’m up 15% already but it will continue to slowly creep up. Slow steady and boring.

>>22419756
I live in a big city and I want to move to rural wyoming
I'm a big retarded (6'4")

>>22419695

IDK but judging by how ass-pained it seems to make some people I'm considering dropping a little on it.

Is Apple going down to 100 and Microsoft 190-200?

Those would be some nice fucking buys. I already bought Apple high like a retard

>>22419734
At any moment a company could make a bad acquisition, get stuck with a huge load of debt (or debt equivalent, such as unfulfilled service contracts), and lose 95% of its value even though it was fundamentally a good company

>the market is drowning in the bear cum
is this enough?

>>22419801
>120 AAPL is high
>100 isn't
You really are a retard.

>>22419825
Bobo better be here next week. I need my SQQQ calls to print.

>>22419717
Where'd you get a picture of my wife on our wedding day??

>>22419844
Well it’s like 18% lower

BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
>BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
>BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
>BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
>BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9
>BERKSHIRE HATHAWAY SOLD 534,959 AXALTA SHARES ON SEPT. 9

short cars

Remember Monday will not be your day if you “bought the dip” as they say ,but you still have After Hour. So don’t be so sour.

>>22419686
oink oink

>>22419815
The logic of this sentence seems backwards.
Give an example.
A fundamentally good company will not have reverse splits, bad credit (related to cash on hand and cashflow), no options chain, and bad management.

>>22419801
I had buy order at 110 and 107 today. Neither got processed. Probably gonna leave that there.

>>22419695
do your DD

I gambled some of my money in it after reading the DD. I just wish I hadn't averaged up like a greedy faggot. Everyone in /smg/ is just assmad Q2 didn't end up being the squeeze. Turns out Gamestop is so inept they managed to have a worse quarter than lockdown quarter despite the fucking corona gaming boon.
Now we're only "investing" in Cohen, so make sure to cut your losses if he changes his mind about trying to acquire GME.

i just hope the board doesn't do poison pill shit because even they should know this is a shipwreck with them on the wheel

>>22419913
I bought one at like 117 and another one at 113 fucking sucks but I had to start somewhere.

Kinda hoping it crashes somewhat so I can buy more and get bigger gains on those

>QQQ crabbing after hours
Why do I feel Monday will be crab day

Remember that 100 AAPL is 400 pre split
which is still fucking insane

>daytrade sqqq
>covered calls on wkhs
its that comfy

>>22419939
>i just hope the board doesn't do poison pill shit
They tried to sell the company to Sycamore before. Would surprise me.

>>22419695
I think it's pretty much bottomed out right now and even if we never get the short squeeze or a buyout we're still going to get a pump over the holidays, I sold but I'll probably buy back in if this is the bottom.

never forget.... that i shilled DPHC at 11.30 for you idiots and you didn't listen

>>22419695
ignore all shills that have replied to your post or you'll be holding bags.

This game sucks

I'll stay out of tech for the time being but are there any other sectors to be nervous about?

>>22419967
I’m waiting for 90-100 for Apple. The more it dips past the better but this is where I’m watching and will buy to open long orders.

>>22419944
>>22419913
>>22419967
Yes and most tech stocks (top 10 in the Nasdaq 100) have a strong short-term risk going into the election because anti-China rhetoric will be a hotly debated topic and that will for sure lead to pullback. I'm trying to accumulate cheap gamma right now, staying delta hedged and waiting for that vol to pop.

>>22420040
is that george floyd?

> SPY up 0.06%
Sorry bulls, this is crab territory. SNIP SNAP SNIP SNAP SNIP SNAP.

>>22420048
>>22420059
AAPL is still an insanely strong brand, i can see picking it up below 100
Hope it doesn’t run away on me again

>>22420071
https://www.youtube.com/watch?v=RFUSu4qpvd8

>>22419571
>>22420036

>>22420040
if the company has less than 500 P/E you're probably good bro

>>22419958
China saved me
Green for the day

>>22420091
Good
Let the theta hit the floor

>>22420027
I DIDNT LISTEN

>>22419967
the rush of investors into it will have stabilized the price at that range though. So while its a lot, I think that it has now been adequately propped up at that price.

OHHHHHHHH MYY FUUUCCKINNNN GAAAAAWD GMMMEEEE IMM GONNNAA FOOOOKIINN COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMmmmmmMmMmMMMMM

>>22420027
Any idea when it becomes RIDE?

>>22419571
Just a reminder to everyone who thinks the market is recovering. It is 9/11. There is an unwritten rule in the united states that the major indicators need to end green on 9/11. A lot of people rally at the end of the day to make this happen. (Somewhat of a self serving prophecy). The market will continue to crab next week, and then continue to trend down. Such a weak rally on 9/11 is a huge red flag.

Look at this chart and tell me your first instinct.

>>22420189
NOOOOO CAT STOP IT WAS SUPPOSED TO BE A SHORT SQUEEEEEEEEEZE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>22420094
Shut the fuck up unless you're gonna use it for everyone who uses robinhood here (half the users)

>>22420189
Thanks just bought 100k

>>22420198
>linear scale
ew

massive fucking bull signal

>>22420198
looks like it's a buy at 175

I wish the TSX had AH

>>22420198
Niggers tongue my anus

>>22419719
This animation looks like trash

>>22420198
Zoom?

>>22420036
R/antstreetbets

That 1000 would be 2000-3000 just holding in a stock after awhile that’s why I’m afraid to do it but I HAVE NO FUCKING TIME LEFT

wtf is a margin call are they trying to give me more money?

>>22420198
That I'd be fucking happy as hell if I bought at 50 and sold at over 2000.

>>22420027
Sold half today to recoup my investment, now sitting at pure profit at a max comfy 11.74 avg

>>22419734
>Sell if they begin dividends
HD here
Always do the opposite of what /biz/ says

>>22420048
Don't do that. Every time there is a dip people get overly bearish and say they will go back when MSFT hits 150 and AAPL 90.
Usually they get utterly BTFO after a small dip and then Fomo in once we pump again. Eventually losing out on big gains.

Buy 100 now, 100 when it hits $105 and 100 when it hits $100. All in at 90.
>>22420223
Did Cramer recommend selling yet? That's the buy signal for intelligent people

>>22420193
Q4

>>22420244
Yes

>>22420223
It’ll be 20%, just not up.

>>22420236
>ever hating on THE /biz/ anime
yikes bro

>>22420303
>/biz/
>anime
no

>>22420236

>>22420294
Yes... That's what a correction is.

The fact that being a bear is now trendy on Twitter should tell you to buy in.

>>22420303
>anime on /smg/
this is only done to signal to other pedos

>>22420320
take a moment to open a new tab and type in r and hit enter. find yourself on /r/wsb. then come back to this tab and close it. thanks, bye.

>>22420036
Thank you for playing, your donation is greatly appreciated.

>>22420303
Honestly liked Usogoi better.

>>22420354
Now you do the same with r/anime.

God I'm gonna hate it so fucking much when I eventually go back to work full time. I'm enjoying my "semi retirement" so fucking much its almost sinful.

>>22420354
anime is for tranny reddit fags

>>22420320
They are making an anime about Enron right now

https://youtu.be/fkPfC54ZcHE

>>22420367
reddit is for gay fucks like you. not me. I have all of 4chan for anime.

BOW DOWN TO ME I AM YOUR NEW MARKET KING

>>22420303
Kaiji might be the /smg/ anime, but Spice and Wolf is /biz/.

>>22420367
Tbh

wtf my friend just made bank on this shit (only $500 though) and he tells me he bought it because it had something to do with tesla????
bullshit.

>>22420303
Check out Eizouken for some /biz/ kino

>>22420282
Cool. I have a decent amount of WKHS from pre $10 so could only put a measly $300 into DPHC but I think I’ll get more

>>22420325
>market goes up, on the worst fundamentals in a hundred years
>everyone, EVERYONE, knows stonks only go up
>same people that did not see last week coming dont see next week coming
>A few people point out that stonks not always go up

>OMG LITERALLY EVERYONE IS BEARS NOW!!!!


Most people are still bullish anon... bears are the contrarian investors right now...

>>22419571
I fucking ruined my life by not knowing about stocks earlier.

All I’ve been doing is sitting home for 2 years and saving up money. If I put it in stocks instead I would have 3x as much money and actually not be poor.

>>22420236
>Animation
>Still image

>>22420403
I kneel. My theta is in your hands, my crab
Our prayers are short calls and short puts
Praise to the king.

>>22420435
kek yeah I saw that.. they froze trading at .6o cents, then re opened at double that. Insider trading at its finest.

>>22420381
Just keep investing in surefire stocks bro it’s the only safe way out

>>22420236
WHAAAAAAT?!?! YOUR CARTOON CHARACTERS DONT LOOK LIKE BUG EYED NO NOSE CHILDREN!?!?!

>>22420457
or u could lose everything and stocks were the worst thing to ever happen

how much u got the idea that you could have x amount is not really valid

you might be gaslighting yourself

My feelings are leveraged 5 to 1.

>>22420344
This. It's a honeypot.

>>22420382
Bro you have no idea how much I want a softbank manga/anime
No idea

People that hate anime are garbage and deserve to lose all their money
Umu

>>22420040
Why is this even made public? It's like they just releasing it to rile up people and encourage more rioting.

>>22420511
Apple and amazon weren’t going anywhere in 2017-2018

>https://seekingalpha.com/article/4373819-gamestop-chewys-founder-ryan-cohen-finds-whats-next

you didn't sell your GME for a loss, right, anon...?

>>22420517
Takes some experience to lose all feeling but after some time you just feel dead inside

Ok guys I’m convinced Tesla is the only for big gains coming up soon that’s guaranteed. It’s still small as fuck compared to amazon Apple etc but fucking everyone is talking about like it’s in the same group. I might have to buy this shit

>>22420403
I-I KNEEL CRAB-SAMA

>>22420529

What?? Noooo why would anyone do that

>>22420536
buying apple and amazon is dumb dude

you need to have a reason to buy something not just "ITS AMAZON!"

in clown world that works cuz corporations get richer unfairly but its not really smart

>>22420527
agreed, is there an anime ticker i could look at? we have an /smg/ anime stock we can shill on a daily basis

>>22420529
Exactly. Same reason why they released the final minutes of his arrest versus the entire 20+ minutes.

>>22420537
20 is too much. He doesn't pay that. He also can't sell on the squeeze because of regulation.

>>22420586
kek

>>22420595
I think Amazon is dumb bc it's so expensive but Apple has solid products and no debt, it's also done nothing but rise so why not? It tanked today and it won't go much lower than 100 imo, and then after it will continue it's steady rise

>>22420505
delusional tranny

>>22420595
>you need to have a reason to buy something not just "ITS AMAZON!"
What
It's free money

>>22420595
its ironic youre talking about what is smart and not smart while buying into gme. are you some kind of retarded boomer who doesnt see that gamestop is a dead business that failed to pivot 10 years ago?

>>22420537
no but i shouldn't have averaged up over $7 anyways
FUCK. I mean I expected the potential downside if Q2 was bad, and i take that gamble every time, but I forgot how much -15% hurts.
still gonna hold and my cost basis not too bad since I did get some under $6 before.

doesn't look like Cohen is filing anything today though which sucks. Means he hasn't been accumulating shares (at least personally) at all. I guess he's just gonna go with a tender offer or just take it slow for now as slow as an activist (hopefully not, GME is running itself to the ground)

RAHHHHHHHH

seeing retards lose thousands of night on options makes me absolutely refuse to do it but I need gains NOW. I have to buy a fucking house and never work I don’t have time for slow steady gains

Fuck fuck fuck I’m going to kill myself if I don’t get rich soon idk what the fuck to do. I would pull out the second I see green unlike those retards but I have no clue what I’m doing to even get something green in the first place

>>22420633
This got taken down within a day after every single Jew caught a whiff of this. More surprising was the account issued an "apology" to the poor and abused masses.

>another day of based horse being solid green on another dump day
i can't wait for wkhs to reach $30+ when the market is pumping again

>>22420685
Yeah was pretty lulzy

>>22419695
Even though I’m down 800 dollars I’m still going to pick up more shares tomorrow. Ryan Cohen is a smart investor, good looking too. Ryan Cohen is humble and extremely human in a time when most people are emotionless robots. Game Stop will announce the buyout from Chewy and the stock price will rocket to all time highs. We need to buy the dip before it’s too late.

MERCK STARTING HUMAN TRIALS FOR VACCINE
>MERCK STARTING HUMAN TRIALS FOR VACCINE
MERCK STARTING HUMAN TRIALS FOR VACCINE
>MERCK STARTING HUMAN TRIALS FOR VACCINE
MERCK STARTING HUMAN TRIALS FOR VACCINE
>MERCK STARTING HUMAN TRIALS FOR VACCINE

Hmm could've used that earlier today

>>22420743
can't have goyim making up their own minds now

>>22420743

>>22420677
Buy NKLA puts

>>22420525
what would it be about

How do I invest in manchildren watching anime?

>>22420714
I hope it goes well for you guys. I took profits at +10% because I wanted the guaranteed gains, but I'll try to not be too salty if you horsebros make it to the moon.

Lost decade

>>22420764
>Tomorrow
>It's Friday

Nice try shill.

>>22420818
https://www.youtube.com/watch?v=A-Eu0xhBGqs

>>22420828
does it make you seethe if i tell you i have 7500 shares since $3.9
and that's only 30% of my memefolio

CALLING ALL HORSIES (WKHS)

I just read this article on Workhorse that absolutely just trashes the company, I mean the analyst says that the WKHS stock is worth $0, zero fucking dollars.

Here's the article

https://investorplace.com/2020/09/how-self-serving-management-can-still-save-workhorse-stock-from-0/

Anybody's thoughts on this? Should I exit?

>>22420819
those puts are already priced for collapse

>>22420517
Lmao dont fully understand it but its funny.

5 to 1 as in you have diminished feelings
Or
5 to 1 as in you're emotions are 5x'd in intensity

>>22420858
https://www.bitchute.com/video/v9Pm76ZQPiF1/

>>22420824
BILI

tfw i'm down 75% on JPM/GS calls due to IV crush

i thought financials were supposed to be good hedges against tech downfalls

>>22420279
I understand we don’t go straight down and am coming along on being patient. You don’t think they’ll fill the gap at 90’s, come this far and just leave it go without filling? In retrospect to bring it down to 90’s is 370-400 pre-split, doesn’t seem overly bearish to me.

>>22420868
Nope, it makes me happy to know we can all make it. :)

>>22420824
With a 4chan gold pass.

>>22420881
no one ever went broke taking profits, anon.
i bought in at 7 and sold at 21 during july and i'm perfectly content with how that trade went. even if it moons to 50 or whatever i won't care

TESLA IS MY ONLY CHANCE IT’S THE ONLY BIG ONE THAT’S NOT A FUCKING GIANT YET

Then again I can’t see musk being as rich as Tim and Jeff and Tesla doesn’t have as much potential

>>22420938
>Fill the gaps
That's a meme
You may as well consult star charts

>>22420966
dude tesla is the biggest car company in the world without ever selling a single car

youre delusional

>>22420966
I thought AMD is the only not-giant.

You can always meme-Snowflake next week.

>>22420966
>IT’S THE ONLY BIG ONE THAT’S NOT A FUCKING GIANT YET
Tesla barely has the combined market cap of industrial dwarfs like VW, Toyota, Mercedes and Ford.
Tesla is truly a great small cap stock

>>22420881
And in the high-end pickup market, Lordstown will face even stiffer competition against the Nikola
What a fucking joke lmao, I would have gone into journalism if I knew the equivalent of 3rd grade education was the requirement

>>22420987
I’m pretty new to everything but Tesla is in the news every day right along Microsoft Apple amazon etc but only 1/4 the size.

Could potentially go massive in the next 1-2 years

>>22419755
Looks like it's predicting TSLA price based on BTC history

>>22420027
I listened, wish I listened more though.

>>22421002
It can 5x easily until it's as big as AAPL

>>22420821
Investing in AI and eventual world domination through nipponese-flavor abstract robocapitalism

>>22419801
Yes APPL has a huge daily gap at 96-100 to fill

>>22421038
lmao

>>22420957
I think you mean 4chan gold account, I already have one.

>>22421038
Relatively speaking, it's currently about 20x larger than AAPL....

>>22419660
Don’t think that’s going to happen with Tesla because it has an actual purpose unlike bitcoin and it’s fucking everywhere now. It’s officially gone normie.

>>22421046
good one. unironically i wish there was a good AI etf.

>>22421081
Imagine being so retarded you actually believe this.

>>22420621
if he makes it into a successful business like chewy it won't matter imho. also can someone please explain to me again how a company can have greater than 100% of the float be shorted? i still dont get that.

>>22420671
i reduced my position from 300 to 100 just on the sheer gamble that maybe Q2 ER would squeeze it (i honestly didn't believe it would because consoles aren't out yet, but juuuust in case). im still fine with holding those 100 shares. my plan was and still is to average down now, i plan on buying in the $3-4 area. idk how much you invested but that's what i'd consider doing if you can afford to. worst case scenario i bet you it goes to $8+ again by the holidays and you can sell some for profit and hold some for the potential squeeze. that's my hope anyways, to average to around $4 and sell around $8 on the next rally (which you KNOW is going to happen on the holidays btw, probably even to 10+), and turn this into a free trade.

reading the article though? i believe in cohen. originally my trading thesis was based strictly on the Q4-Q1 earnings off of consoles, but now? as long as cohen is invested, *i'm* invested. im giving it at least through next year's holiday season for sure to see what impac the new consoles make and what changes cohen can hopefully enact. i really think he can potentially make it happen.

all this aside: im not betting the house on this. im probably gonna max out on DCA'ing around $3k which is less than i made off of the AAPL/TSLA split hysteria. plan accordingly, imho. it's high risk but i believe very high reward, especially if you can afford to DCA over the months leading up to the holiday season and console release. i think Q4 ER is gonna be a big hype event for gamestop, maybe Q1 as well. i hold stock not options so i can wait, take that into consideration as well idk why people play options still. as long as cohen is invested and working on turning the company around, i can wait.

>>22421099
There are no proper AI companies in the first place. There are only tech companies that use in-house stats and call it AI, or private AI companies whose goal in life is to be purchased by one of the big guys as soon as possible.

>>22419716
Nasdaq = Crypto market

>>22420638
in all seriousness: look at the EMA 50 on the montly for AAPL. hell at least look at the EMA 20 ffs. don't buy when it's so clearly overbought based on no fundamentals but purely on brrrrrrr. im trying to help you anon, seriously. at least have a strategy to DCA in and scale out ffs, cmon man.

>>22421096
Imagine never being able to touch a woman besides a hooker

>>22420977
Retard

KEK Cramer sounds so giddy in his mad money teaser commercial

>>22421081
It's by the book definition of mania.
If you think TSLA won't hit 400+ and plummet to 150~100 in one to two years you're really delusional.

>>22421038
Anon wtf.
SpaceX sure, TSLA no unless Elon invents real life pokemon or something.

>>22421164
Now I know, don't buy Microsoft.

>>22421137
crypto is the new Nasdaq

is the volatility over? or is hell coming next week?

>>22421156
Sorry, that's just too fantastic a concept for me to imagine.

>>22421141
Where do you see AAPL going?

>>22421137
This guy gets it.

Here's market catalyst:
Stimulus
Vaccine

Here's some market problems:
Tech still overvalued
Vaccine could have issues
Presidential elections
Hedge funds could dump if no stimulus
Virus could shut down states in October

So many more negatives than positives...Better to be a bear than a bull RN.

Man seeing these retards post coins all day is depressing.

You got lucky with link or some people might be autistic enough to constantly 40x their money but I would never put shit in a coin definitely not like 10,000.

It’s all useless it doesn’t do anything. Only btc and eth is used for trading and even then basically never only for autistic people on forums and drugs.

I just cant buy coins when this shit is publicly owned by billionaires whos life is riding on its success and investing billions to keep their company going

>>22421113
>my plan was and still is to average down now, i plan on buying in the $3-4 area
if you're actually confident on GME and are serious in wanting to increase your position, you're going to have to set more realistic entry points for averaging down. GME is so universally hated that they're already trading just barely above the net cash value per share of the company's balance sheet, that's a bit over $5. There are a lot of institutions with positions in this, they're definitely accumulating shares from weak retail hands (today's volume was just around average)

>>22421175
how do i time the runup to 400+ and the plummet to 150~100, senpai? :^) (im as surprised as you are i made as much money as i did on the TSLA/AAPL splits which i felt were sure things and was actually completely right on)

>>22421195

It’s going to be volatile right up until Inauguration Day and probably a bit after too.

>>22421081
>this time it's different

kek

>>22421214
down. i doubt softbank will save you after they were ousted.

>>22421216
it's not even good for drugs

>>22421215
How can you even say that... Crypto is literally NASDAQ 10 years ago

>>22421081
>golf cart hopped up on vape batteries
>useful
i still don't see how it can beat a $5000 used toyota corolla in "usefullness"

>>22421245
Yeah no shit it's going down, I mean how low?

With Apple revenue starting to plateau and just stay the same does that mean the stock price will stay the same or is that not how it works?

>>22421243
*tunes into CNBC*
https://123news.tv/cnbc-live-stream/
>https://123news.tv/cnbc-live-stream/
https://123news.tv/cnbc-live-stream/
>https://123news.tv/cnbc-live-stream/

has this show ever made anyone money? i just watch ironically once in a while.

>>22421253
Crypto got to where it is because of the FED.

There's no fundamental reason for crypto to rise as fast as it is...except for inflation.

Crypto is going to keep pace with Nasdaq.

>>22421225
Don't time the market.
Splits always print, getting bull trapped "buying dips" isn't. My advice is to do nothing or short the fuck out of it when the real sell-off starts, but before the panic hits. Everyone knows tech is overvalued, musk outright says TSLA is overvalued, the only people who deny it are greedy redditors who bought in at $500 and is now "buying every dip" and waiting for it to grow to all time highs. Think about that sentence for a second.

>>22421215
How do we profit fren?

>>22421069
Not based on market cap, share price doesn’t actually mean anything.

>>22421260
Eventually the government is gonna have to turn green and maybe even start requiring cars to be more electrical and Tesla will be the most advanced in the field. They are the only ones going major since 2014 in electric cars.

I just wish he would fuck off with that stupid brain chip garbage

>>22421113
He sold chewy for 4 billion or smth. Gme has more revenue but dog food doesn't have a digital analogue unlike a good chunk of gme's products. Even if it turns into a online store I guess there a way on how to keep the used hardware business.
Float is 64 million, 20 per share are 1.2 billion. 57 million shares are short. If you subtract locked up shares (GME insiders and soon Ryan) you have more shares short than potentially available on the market. I don't think there's a limit either on how often the same share can be sold short. Ryan will take over the business. There's no doubt. The question is how and when. The huge short float doesn't do Ryan a favor.

>>22421334
Literally based on market cap, acshully (specifically, ratio of market cap to market share).

>>22421280
im a buyer in the 60-70 range. waiting for the bubble to pop soon.

>>22421381
Very cool

>>22421332
Use Technical analysis. I would consider SQQQ on green days. Keep cash around for Big Ass Dips.

Tesla is not a bad choice if you want to play the battery day catalyst.

Wouldn't touch options with this volatility .

>>22420786
why does it matter when astrazeneca will beat them to market

>>22421157
It's a meme. It has no significance.
There is no evidence to support "filling the gap"

>>22421432
az is dead in the waters, they're probably never going to come back either. Try to keep up.

>>22421432
Moderna looks like the winner of the vaccine race so far.

>>22420027
I listened buddy. Thank you!

>>22421444
>az is dead in the waters

Because of a news article? You're extremely fucking gullible

>>22421347
the problem is. Is there a scenario where Ryan gives out a tender offer that doesn't result in a short squeeze? A short squeeze is not in his favor.
Accumulating shares himself isn't his plan either since he'd have to file by now if he bought more shares to go reach 10.6%. Doing that right before a weekend is probably not what he wants to do either, higher prices are not what he wants.
My guess is discussing with the board for a tender offer is his only option right now.

Is a short squeeze really still possible? I'm thinking maybe $10/share would be reasonable for both sides. The board just has to accept and not screw this up just like the times a buyout was on the table in the past

>>22421324
People have been saying that for years and they just go up

>>22421386
God damn it don’t let it go that low i just started

>>22421337
And Tesla will be the biggest car producer by 2035. And we'll have flying cars by then too, right?

>>22421448
From my understanding, AZ are the furthest along with trials

there are people in this very thread that are unironically still holding tech

>>22421324
i was mostly joking hence the :^) but i literally make a living "timing the market" via day trading lol. with QE infinity and zero percent interest rates and now the recent news about softbank's manipulation on tech (that i really liked swing trading before), i don't trust shit for overnight risk. im waiting for another major correction or crash before i even consider that shit again, just sticking to day trading, besides gambling on shit like GME with money i can afford to potentially lose (i don't think i will though, but worst case scenario it cuts into my profits, no big deal). thanks, though.

Boys there is a spider in my grow tent what do?

>>22421459
I said 'try to keep up' for a reason anon.

>>22421422
I had a bad experience with reverse etfs fren. It’s possible to make money when the market is collapsing like it did in March but when it’s a slight downward trend or crabbing, you might make a little bit or lose your fucking ass while you sleep since most moves happen overnight or premarket. I’d wait for the dip to end and collect bull cheapies near the bottom.

>>22421386
Nice. What broker is that?

>>22421513
as of today they are not

>>22421519
I bought tesla at $360 today because they always artificially pump it in the AH to force rally on monday. Selling this shit as soon as pre-market opens for a quick $700-900 gain and probably shorting it if monday ends up being red.

>>22421347
the issue is that there are too many potential roads now that lead to price increasing enough for a short squeeze and if that happens all hell is gonna break loose because of the sheer size of the short float.

like i said, i own stock. i can wait. worst case scenario i can almost assure you i'll be able to average down and then sell half for a 100% profit at some point and create a free trade over the course of 2021. as long as cohen is invested and pushing to fix the business, im invested. if that changes i'll consider cutting my losses accordingly.

my main point though would be to look at the runup on the stock price to Q2. and that didn't even include console sales. what do you honestly believe will happen on the rally to Q4/Q1 after christmas? honestly, answer me this. honestly im serious here answer me this.

>>22421523
Bring him insects to feast upon

>>22421313
>Crypto got to where it is because of the FED.
Hahahahaha

>>22421550
TD Ameritrade, Think or Swim platform.

I'm making the next thread guys, give me a second..

>>22419571
Guys I keep buying the dip and using all my margin but now I'm out of money to put in, what do

>>22421533

Retard but with reason

>>22421556

What's your basis for saying that? They haven't even started phase 3 trials

Snowflake IPO next week

+5,17% is a good sale, yes?

>>22421281
Apple is priced on expectations of growth
If eranings plateau the stock should go down

Anyone in on GIGA metals? They are up %185. Nickel miner from Canada that Tesla is in talks with

>>22421667
How much time did it take for that?

is it safe for me to buy necessities this weekend or am I gonna lose more money next week

are we thinking PTON will run once more for the triple top or is it straight down to hell from here lads?

>>22419660
Nice

>>22421712
my friend is and so nice of him not to tell me before it mooned

>>22421595
BitCoin, Ethereum, ChainLink....XRP....

That's my evidence for inflation. If XRP goes up, it has to be inflation.

My guess is, without stimulus, we'll be undergoing deflation again, then after a vaccine, maybe another year or two, we'll have much more noticeable inflation.

>>22421712
Ya bought at 0.90 and I'm up over 75%. Pretty much erased my losses with options this week.

>>22421471
>the problem is. Is there a scenario where Ryan gives out a tender offer that doesn't result in a short squeeze?
I think any sort of speculative news might be enough to push the price towards margin call territory.
>A short squeeze is not in his favor.
Short squeeze prices are obviously not sustainable. He could wait it out if he has enough time. I don't know how much the console release is part of his plan. Time is short for that either way. Share price might also settle higher after the squeeze. ~15$ seems reasonable.
>My guess is discussing with the board for a tender offer is his only option right now.
Seems to be.
>Is a short squeeze really still possible?
Even in the case of a tender offer the shorts owe someone a huge amount of shares. I don't see how they get out of this.

>>22421588
>runup on the stock price to Q2.
That runup happened on Ryan's filing, not Q2.
>what do you honestly believe will happen on the rally to Q4/Q1 after christmas?
I hope that I don't have to find out. I'd like Ryan to end this before the console conclusion. I tend to sell the news btw. If there is a serious run up towards q4 it will hopefully include the squeeze. In this case I will not gamble on the actual numbers.

>>22421800
My buddy told me about them last week. He said they were bragging about being a "clean" nickel mining company or some other bullshit, but I didn't buy and instead bought AAPL like the Gomer Pile that I am.

>>22421712
GIGACHAD metals

>>22421813
>If XRP goes up
So not "When XRP goes up." Glad this thread is more grounded in reality.

I am financially ruined

>>22421814
Good job anon

>>22421870
welcome to /smg/ you'll fit right in

>>22421852
I'm too stupid to be a GIGACHAD lol

>>22421882
LMAO

Also, BMRG doesn't look like a bad option. SPAC on energy storage, low downside, HIGH upside.

>>22420027
I listened but got scared and sold too early, also I've bought a lot of EV SPACs recently since SEP thanks dude

>>22421081
Charts don't lie

>>22421813
So when crypto goes down deflation is in place by the same analogy?

So in the last bullrun XRP went up 4700% and that's somehow correlated to an inflation of what, 2%? lol

>as I suspected

>>22421878
Thanks, I expect it to pump hard early next week then level off. If this gets the same retard strength that TSLA got, I'll be sitting pretty. With 100m market cap, who knows what could happen.

>>22419571
And now in fugues that actually mean anything.

Short volume ratio today for those companies:

TSLA 21.5% short
AAPL 22.4% short
MSFT 13.3% short
AMD 26.4% short

>>22421947
He must be a stonk market guru, what his youtube channel?

uh oh

GME craze aside, anyone holding their shares until november-december?

>>22421337
Why would they have to though? What happens if they don't?

>>22421947
so this guy has 20k worth of puts at 500 that expire in april right? lmao what a bullshitter.

>>22421947
>"I knew this would happen!" says man long after thing happened

>>22421337
TSLA is unironically the least advanced in the field.

KEK he actually brought up Theranos and Elizabeth Holmes

>>22422033
This is bullish

>>22422065
Martin Shkreli took the fall for this.

is milton fleeing the country?
apperently this is his jet entering leafland on its way to bongland.

>>22421829
to each his own, but i can pretty much guarantee on hype alone that this shit will get up to $8+ again around christmas time (Q4/Q1). i don't necessarily know how long cohen's changes in the company will take to turn the company around, but as long as he's involved and isn't gtfo'ing im down for DCA'ing down and selling half over and over again so i can always keep some in for a potential squeeze (or see a significant decline in the short float).

>>22421947
this is retarded. im a huge tsla bear but forgetting that everyone and their brother has a story about dumping AAPL back in the day is also dumb. ppl may sell off a huge chunk, but TSLA is one of those companies like an AAPL or AMZN where they think they know the biz and are actually groth investing vs watching lines go up and down on collections of capital letters they know nothing about.

Many lulz were had

>>22421946
Different situation. Not the same.

Look at ALL assets. First it was stocks, then PM's...then Crypto.

All signs point to inflation.

Now look at the situation now. Stocks down, PM's down, Crypto down.....

>>22422120
The globalhomo won’t let him away with it.

>>22422120
relax bears its the fucking weekend lmfao

>>22422120
>fuck the haters
>runs away

I'm so glad I bought the Nikola IPO and sold after it pumped.

Its vaporware just like Tesla. Can't wait to have Musk do the same

>>22422064
Apple Was just an iPhone 3GS in 2007. Microsoft was pushing computers and shit that look like a joke now.

I think he needs to make different shit tho like a budget car, luxury, sports, high end suvs, and shit like that. I don’t think it’ll go too wild just with what he’s got now.

oh no

>>22422184
it's still unreal that i timed my exit on TSLA post-split as well as i did. when it tanked from premarket 538 and then recovered around 50% to around 500 i sold. i still look at pic related sometimes and laugh.

>>22421829
well the tender offer is definitely the speculation play now, whether for a squeeze or a sizable profit (it'll definitely have to be at least $9 offer)
the only way we're fucked is if Ryan Cohen decides to be passive after all or a tender offer doesn't work out for both sides.

at that point let's just hope GME has at least spiked up from the console hype

>>22422231
oh noooo that sucks...
*gets in jet and flies away*

>>22422120

What the fuck they named their company "nikola"?????

>>22422178
i am bag holding pennies or i would be a bear for NKLA... like watching OJ on a global scale.

>>22422136
Imagine being an NKLA bagholder right now LMAO

>>22422231
NKLA was never a viable concept.

I only wish those NKLA share holders would just go with SHLL. MUCH better company. Will 2x on merger.

>>22422231
LOOK AT THIS DOOD
LOOK AT THE TOP OF HIS HEAD

>>22422122
i'd argue that it would not spike up until results show with Q4 (or preorders in Q3?). GME spiked up in anticipation of the PS4/Xbone cycle and immediatelly crashed when quarterly did not meet the expectations. I'm sure people will be wary this time until results show.

comfy hold though, value picks can't get any more battered in this market. The -15% drop from Q2 was mostly a pullback from the Cohen/squeeze short speculation with people thinking it would be a quick squeeze

>>22422270
>famous guy named nikola tesla
>one big vaporware company named "tesla"
>want to make knockoff company of it
>hmmm what should we name it?
>did that tesla guy have another name?

My average price for TSLA is $280. Is this good for going long? (5-10 yrs)

My friend posted this and it was the same time spy was going down

Is there 2 spys or what I’m confused

>>22422337

>>22422320
Lol it'll be at 1000+ in a fraction of that time

So, how much are my NKLA $20 and $12.50 puts gonna be worth on Monday?

>>22422241

>>22422372
Im pretty sure NKLA is gonna be close to worthless by the end of the year
Source: My ass

>>22422315
>I'm sure people will be wary this time until results show.

lol you don't know investors especially in covid era xD

>comfy hold though

this is true. like i said im happy to keep swinging it if it just ranges over 2021 to at least cover my principal and then some. like i said, as long as cohen is invested, im invested. i hope in the near-term i can make enough to cover my principal though so it's a much easier speculative hold. i think there will be a lot of big rallies up to ER's over the course of 2021, plenty of money to be made even if it simply ranges. i think we can agree that it isn't going bankrupt any time soon at least, no?

>>22422241
Are you buying back in?

>>22421195
>volatility over?
Unlikely.

>>22422379
If Alexia would provide me some time for her "companionship" , she would make back some of her losses

>>22422379
tesla went up like +10% on that day so she only has like 2 shares

>>22422439
I hope she fucking died

>>22422379
we need an update on alexia and leslie, anyone check their recent twitter posts?

>>22422372
I haven’t looked at puts at all because I assumed the premiums were massive. What did you get those two for?

If Nikola is confirmed for scam with their CEO literally fleeing the country, what's going to happen on monday? Surely nothing can go wrong when one of the big name vaporware companies suddenly goes to 0 in the middle of a downtrend.

>>22422460
im assuming she's a twitch camgirl so she would have made up her losses within an hour of streaming
she's fine.

>>22421227
>>22422418
thanks famalam gimme some more 30+ VXX expensivies (idk what the version of cheapies for shorts is)

>>22422379

I would literally .-UZI 9 MILLIMETER'dem into the ground

>>22421195
Im saying a slow and steady descent into hell by an absolute dive off a cliff into burning hit magma to complete a “cup” on the vix is honestly possible at this point.

I know every election cycle is crazy but honestly people have been locked up against their will, their income smashed, eviction looking, the food lines are here just can’t see them as they are on an EBT card, drugs are rampant.

>>22422203
Stop backpedaling. You said tesla are the most advanced. False.
Microsoft won by using illegal market manipulation tactics, including bribing and IP theft (see: xerox). Similar for apple. Also you're completely wrong that in 2007 apple was just the iphone. Firstly, ipods is what truly put them on the map, and secondly, early apple computers were extremely popular. Around the apple II times, they were the dominant personal computing brand.. Microsoft used to be a road traffic analysis company called traf-o-data and pivoted through opportunism.

Similarly, one would expect tesla (really, every musk enterprise not called spacex) would need to pivot/kill competition illegally (already tried and failed the legal route, which even backfired: see proprietary electric plugs and self-driving memes) or otherwise achieve a breakthrough, but while musk co. engineers are top-tier (they have to deal with musk's tantrums effectively making them work with their hands tied behind their back, and still somehow manage to mostly succeed across the board), every other staff involved is incompetent, especially his software people (this directly impacts self-driving as well as car automation opportunities when it comes to tesla, and means openai has always and will always be a joke, among other things).
Failing that, tesla needs a niche. Car kind is not a niche. Electric is not a niche. Price is not a niche. Price can give you an early edge but it is merely leeway which must be used to find the niche.
Flying cars would be a niche but won't happen.
Self-driving (L4) could have been a niche but they were neither first nor have even a fraction of the expertise and talent that anyone else has.

>>22422486
>NKLA is HTB for TD ameritrade

i want to fucking die

>>22422414
it's not gonna go bankrupt yeh. That's why I'm still holding my position.

Do you have any idea why borrowing rates keep going up even though shorts are gradually covering their position?

>>22422475
Poor Alexia

Did you know that 10% of Christian Bale's portfolio is game stop?

Let that sink in for a moment..

>>22422619
I like how in that movie every major character has their little quirk or eccentricity and Gosling is just a straightforward douche.

>>22422481
5x 9/18 $12.50p @ $0.15 each
1x 9/25 $10p @ $0.70

So $145 total.

I had cash but omg a hole in my pocket, and I saw a easy win after 6 days of losing.

>>22422513
>I know every election cycle is crazy

it's really not volatility-wise. in 2016 for example in september the VIX peaked at 20.51 and in november it peaked at 23 (11/4) which is pretty low for the VIX actually. it got higher around 6/24/16 when it got up to 26.24 for whatever reason. "high" on the VIX is usually in the 30-40 area btw. 50 is a flash crash and 70-80+ is pricing in the apocalypse (2008 financial crisis or 2020 covid), for reference.

similarly in 2012, it didn't even get over 20 in november. for some reason though it got to fucking 45+ in August to October of 2011, no idea why. obviously in Nov 2008 shit was crazy on the VIX but not because of the elections obviously. Nov 2004 was also pretty minimal around 15 on the VIX max.

source: i actually study this shit.

>>22422619
>Past success is no guarantee of future results: The Man

>>22422737
you will never as handsome and successful as he

>>22422771
Seethe harder

>>22422771
I've seen this before, but I haven't understood until now.

>>22422545
no clue, i haven't looked into that stuff. i'd assume because longs feel they can charge more of a fee for shorting the stock? i heard that was the case with similar short squeezes in the past: https://moxreports.com/how-you-could-have-predicted-the-tilray-mega-squeeze-by-looking-at-the-stock-borrow/

>Here is why the Tilray squeeze was predictable. As the squeeze entered its final stages, the cost to borrow shares spiked to between 200-650%. Tilray was already absurdly overvalued at $50, and even more so as it hit $100, $200 and then $300. But when someone makes the decision to pay 650% to short any stock, regardless of how absurdly valued, it means that this person clearly does not understand the economics of what he is doing. Simply due to the excessive borrow cost, this short seller will end up losing money in nearly all probable circumstances. And even in the best case scenario, their potential winnings will be tiny. It is just a bad bet plain and simple, regardless of how absurd the valuation of any stock may be.

>As I mentioned this on Twitter, few people seemed to understand my point. I asked people to think through the economics of shorting Tilray (or any other stock for that matter) when the stock borrow cost 200% and 650%. I did not get a single answer at the time. People were so caught up in the very true fact of the absurd overvaluation that they were ignoring the real math underlying the short trade itself.

>>22422417
no. the party is over. wait for the tech bubble to pop and another catalyst to come up. blame softbank if you lost money. if battery day isn't literally the second coming of battery jesus, it's gonna get bad, REAL bad.

>rappers don’t even have to try make money

>>22422821
Yep. Tech will never go up again or surpass the ATH

>>22421386
do you realize that the graph only looks like it's going sharply up like that is because of you literally graphically squeezing it? try removing the entire past year, and zooming out on the graph like that. it's going to look just the same

>>22422841
how do i profit from this? what rappers should i follow and get twitter alerts on for some quick scalps?

>>22422841
black MEN will rule the middle class and replace wh*te "people" very soon

>>22422848
>>22422859
spotted the bagholders xD

>>22422139
I agree with you that right now there is correlation with the stock market, but saying crypto increases just because of inflation is plain wrong

>>22422882
nah sry i started investing a few years ago

>>22422734
A contested election would drive this up, no?

They lied to you.
They scammed you.

will TQQQ ever reach 150 again? when? im down 1k

I have insider information but I won’t use it for personal gain. Feels good

>>22422859
You could have just said "zoom in"

>>22422945
Doesn't mean we cant. I'd like to eat soon.
:(

>>22422895
Yes, it only increased because of inflation. There's no HUGE news saying otherwise.

If it was just ONE crypto like ChainLink that had a HUGE pop on breaking news, then I get it. But when there's no news and 100 different cryptos all rise @ the same rate...

>>22422945
i had insider info but i never realized it lol
fucking fedex, dunno why i didnt put money in it even though i had family telling me and wondering why fedex stock kept going down even though they were getting much busier with the pandemic

>>22420093
the witch did that on purpose

>>22422734
The repo market is such a shit show right now it’s never been this bad that I can find. Only similar huge financial one sided discrepancy was when the us became the manufacture capital of the world is Ww2 and the rest of the world.

>>22422841
Ima finna remake wolf of wall street with rapper stocks.

>>22422938
>One 10% correction in tech
>"MSFT is the new pets.com"
Heavens

>>22422945
Same, mines with Intel

>>22423109
What info with intel?

>>22420647
this one gets it

>>22423109
More incompetent diversity hires?

We need a new thread my loves
I'm at work phoneposting so I can't :(

>>22423109
Neuralink software for Hentai vr?

>>22423093
No but it is going to over correct.

>>22422841
>Pump penny stock
>Now it's a 50 Cent stock

>>22420881
>And in the high-end pickup market, Lordstown will face even stiffer competition against the Nikola (NASDAQ:NKLA) Badger
>That’s because, unlike Workhorse and Lordstown, Nikola and Rivian are provenly competent EV makers.
LMAO this guy is retarded

>>22423204
That doesn't matter unless your investment horizon is literally next Friday.
Not that I believe it will go down further desu.

>>22423219

>>22422498
call them pricies

>>22422938
I think this is the biggest sell signal we’ve had

>>22423366
Feels too obvious. They want retail to scramble so they can pick up the pieces.
What if retails holds for the election season megacrab?

Institutions will have to buy back at market.

Holy shit, Oasis oil is getting rapped in the ass.

Holding 5000 shares at $1.10. Currently at $0.38...

not sure if i should leave it as is or just buy the dip since the whole sector is fucked right now.

>>22423429
the fuck you talking about... retail does not control the price the big whales do...

>>22423429
Retail doesn't care. It doesn't even matter.
99% of retail has no even opened their broker in 2020. They just buy SPY through their bank.
Most retail doesn't even know the term retail.
They buy and hodl and buy. Outperforming most people desu.

The ones influencing the market are banks, funds and other big bois.

bake new bred now

>>22423515
Taking a guess. An exploration company, right?

Just sell. Oil is cheap and exploration in the US just not realistic right now. If they find oil they won't extract it because they need a price of 50+ to make a profit.
It will take years for the sector to recover.

>>22419671
Bought HD, JPM, PEP, UNH, CAT, and DIS the last few weeks after I started cashing out my Tesla’s and apples

bake new bread

>>22423730
New
>>22423730

>>22423124
>>22423146
>>22423171
Friend of my works at Intel. They're not dead yet; that's all I'll say.

>>22422184
>vaporware
>Tesla
Tesla is like 70% vaporware, they have factories and dealerships and cars they've sold. HTML5 truck is true vaporware