/biz/ - Business & Finance

Fuvk niggers

First for NAK

Everything about tbd stock market makes me anxious and suicidal. Why can’t I handle trading? Maybe it’s cause I have little time to check throughout the day at my shitty job

>>22562988
Just wait until the debates when Biden talks about climate change and brings this up. Trump will flip flop like he always does and NAK will drop to zero. Never bet on a political issue.

I'm just tired of these dips

>>22562991
You just need to calm down and let the big dick energy flow. All is well, we’re all gonna make it bro

>>22562959
What should I buy today?

>>22562991
Cus your broke, if you had fuvk you money you won't give a fuvk

>>22563009
Stocks shouldn’t only go up like this...

>>22563003
Tard

Only hours ago, Trump made his first open proclamation on Pebble Mine.

He says that there will be "no politics" involved in the approval process. This is a dog-whistle to his followers. It means: "the lying leftist pseudo-environmentalists who are blocking this project will be defeated." We already knew that the mine could be both highly environmentally friendly and economical. Trump was the only obstacle to this mine being built; that obstacle is now removed.

Many of us will be buying NAK at the open, no matter what the price. I will add $20,000 to my position. Why? The market cap of NAK, even at the pre-pumped price (1.30 USD), is only 700 million. The market cap of Newmont, which, is the largest miner on earth, and whose mines only have as much gold and silver in them as Pebble mine does alone, is 70 billion.

What's 70 billion divided by 700 million? There's your potential gain.

>>22563003
When is the debate and why would you hold that long?
I am buying as many options as I can in the morning and dumping Friday morning

As a NAK holder, why is NAK mooning?

I thought we were going to moon years from now?

Should i buy more???

>>22562985
Based

>>22563055
Just enjoy the ride today, fren. Donny just made you some bank

>>22563027
Everybody is jumping on nak, is one those penny pump and dumps we do maggot, get ready to make money

>>22563055
Sell the Trump pump, they always dump shortly later

>>22563047
>What's 70 billion divided by 700 million? There's your potential gain.
$100?

>>22563055
I got 3 strong buys and one hold on my tipranks monitor, I would be throwing the kitchen sink at it if I was you

NAK is already dropping pre market kek

it's over

>>22563047

People here were buying NAK at 2 USD, and the case for NAK has only got stronger since then. It's still a bargain.

>ITT people talking about penny stocks
never going to make it, I filter out stocks under $10

>>22563027
I don't know
We will have to see what gets hit the hardest in the pre-market

where is the CLANG CLANG CLANG poster

>>22563080
Who is "everybody" you pathetic little faggot?

GME calls still making me rich

Big institutions are getting in on MRNA.
Whales have been slowly accumulating over two weeks, that's why the price not tanking bellow 69, that's why in AH it was almost 71 yesterday.
News about vaccine approved by FDA is coming possibly this month, already reviewed by CDER. They want to beat Russians hard on this. Don't tell me i didn't warn you /smg/.

>>22563077
>>22563095
>>22563122
>>22563126

I bought 100 shares at $2 a while ago and I was just going to let it sit for years.

I just added 100 more shares at $130.

Worst case scenario it lowers my average and I cash out in a couple of years

SRNE seems like an actual good play

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

>>22563139
I watched NIO go from ~$3.00 to $20, making me over $1,000. But generally I stay away from super cheap stock, too.

>>22563139
But that way youre filtering out the very low priced oil stocks that were 3-6x what they were before covid.

>>22563175
how'd that skyrocket

>>22563153
>glow harder

>>22562991
/biz/ likes to shittalk divvies but honestly a safe divvie ETF is one of the best things for wageslaves like us fren. Comfy, stock prices basically never changes, tendie money erry month, and exponential growth if you just keep plugging away at it. No need to glue yourself to the news cycle, no need to rip your hair out over options trading, no need to time the knife or fear missing out or anything. Just buy, collect divvies, be comfy.

It's okay to let yourself have some gambling money but divvies are ur fren, fren.

>>22563235
Shill me some divvie stocks, fren.

>>22563204
>>22563212
true but generally for my long-term portfolio I don't hold super cheap stocks and I avoid sectors like O&G, banking, mining etc.

>futures
They expect Juan Ovus in the wreckage brother.

>>22563153
>Who is "everybody" you pathetic little faggot?

Are you new here?
You never been on a buying frenzy before?
Don't shill anything to reddit until I buy in faggot, I got no options yet

>>22563251
you can buy GD right now for $142

Here are my strongest buy recommendations if you guys can wait for half a year. Possibly 2.5x your money.
Skechers
Howard Hughes Corp
Natural Gas Services

>>22563235
>Divvie ETF
>wageslave

Enjoy your 0.03$ a month

>>22563218
vaccine trials

I don't think I'm ready for another crash. I went all in on Amazon, considering it to be safe from Wall Street games as the Normies are priced out and they can't milk them. Surprisingly, it crashed more than Apple lately. I got outplayed hard and now I'll pay the price.

>>22563277
How do I even see a stocks dividend?

>>22563306
When the price is high people generally buy less
When the price is low people generally buy more

This is an economic principle you can read up in economics 101.

>>22563306
>thinking amazon is ever a bad play

>>22563331
It even has a name, is called the boom and bust cycle

>>22563306
Amazon is a super long hold

They'll need to innovate a bit because WMT, COST and others are starting to try and compete

>>22563359
But Amazon is not a Vaporware like Tesla. It's growing like crazy every month, it becomes a part of life to the point it's safe to say it will be around for the next 20 years.
I still don't understand why the price crashed so badly, it's not like it's overvalued like some other companies out there. It's one of the best companies in fact, why am I losing money then?

>>22563274
HAHA I TOLD THEM EVERYTHING

>>22562959
So everything here will help me get started aye?

should i dump my tqqq

just lost another $1500 (2 paychecks)

>He didn't dump 50k into CLF

>>22563395
The price of stock is not bound to a rating by stock markets that they decide goes up or down. They only do that when they put the stock out there.

The price of stock depends on supply and demand.
Thats why you never buy at the top basically. If your stock will make any money in 5 years I don't know, you might lose money with inflation.

>>22563395
its part of ETF's so when an ETF dumps so will the stock price to an extent

Bullish positions:
NAK, CLF, GME

Bearish/Hedge positions:
SQQQ

>>22563450

Cheap $20 calls boyos

1 billion revenue during covid this quarter
2.5b marketcap

Read those two things again. I don't get it either

Oh, did I forget to mention EPS beat 4 quarters in a row on track for 5?

>>22563438
Aye

>>22563318
you have to detect the divvy aura from the stock

Jesus why won't UVXY pump... do I dump it?

>>22562959
I bought at 200 euro and sold at 470 just before the hard crash. Nice to earn two times my own monthly paycheck. First time i sold and earned this amount of profit.

I'll give you guys one video to watch on why to buy CLF

This is the type of CEO you want to invest long term with

https://youtu.be/79gWbSAVL7Y

>>22563478
You madman

>>22563478
>SSL
I'm not taking advice from someone who shilled or was suckered into buying that shit

>>22563501
The way you always post the bleach eating meme with your CLF shill makes it really convincing

>>22563498
Wtf what stock is this

>>22563478
>EPS beat 4 quarters in a row
are you blind anon?

AAAAAAAAAAAAAAAAAA WE'RE GOING TO GET DUMPED ON TODAY AIIEEEE JEROME-SAMA YAMAROO!!!!!!!!

>>22563277
>GD
>2.9 D/Y
>Down 23% for the year
>Was barely avoiding a downward trend even before corona chan
Stop bullying divvie frens by suggesting shit stocks, just because we wanna be comfy doesn't mean we're retards
>>22563251
DIV, SDIV, SRET, and QYLD all have D/Y of 10+ and have been consistent on tendie monies for nearly a decade. QYLD is especially nice because you get pretty good growth for a divvie stock, but really, the whole point behind divvie stocks is to escape the madness of having to follow the news cycle 24/7 and just be comfy. As long as you cash out if another corona-tier happening happens in our lifetime, you'll be fine, fren.

Yes, you will make more money overall if you're really good at the stock market, following news cycles and timing your positions well. But is it worth the price of not being comfy? I don't think so, fren.

>>22563498
Now buy it again and do it again.

>>22563501
>investing in united states steel ever
top tier retardation

>>22563569
well they did get more protectionism from daddy trump

>>22563535

Cleveland-Cliffs last released its quarterly earnings data on July 30th, 2020. The mining company reported ($0.31) earnings per share for the quarter, topping analysts' consensus estimates of ($0.51) by $0.20. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Cleveland-Cliffs has generated $1.12 earnings per share over the last year and currently has a price-to-earnings ratio of 91.1. Cleveland-Cliffs has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 28th, 2020 based off prior year's report date

4th quarter in a row eps beat

Be careful today.

>>22563501
Are you mad GME is blowing your rust stock out of the water?

;^)

>>22563498
God you are such a fucking faggot for not mentioning which stock, seriously fucking kill yourself

>>22563587
is that why they gapped down so hard July 31?

>>22563604

Wow, not even a billion dollar market cap and a dead cat bounce

Also I flipped GME at 9 yesterday after dumping 30k in it

>>22563235
Investing in divvie ETF before you are a boomer is a waste of money. Grow your money till you are atleast 45 and than you can invest in the divvie ETF

>>22563640

In b4 I'm called a liar

I literally made like $500 in 5 minutes flipping this bullshit to Robinhooders yesterday

>>22563640
>dead cat bounce
This term is so fucking overused. I wish it would just die.

>>22563632
>eurocuck
what did you expect from him?

>>22563639

The market is not putting respect toward Toledo HBI anon

What do you think will happen to CLF share price when dividends are reinstated? This is an undervalued blue chip asset

http://www.clevelandcliffs.com/English/about-us/operations/ToledoOHHBIPlant/default.aspx

It doesn't take too much common sense to realize a company generating 1 billion a quarter with 2.5b marketcap is an undervalued asset

AAPL already -15% this month alone with no signs of recovery. It's over isn't it?

Oh no my godl bros. What is happening?
Is brrrrrrrrrr not working?

Do you think sony will moon with ps5? All the preorders are already gone and people with preorder are selling the preorder on ebay for double the price.

>>22563713

Not for people who bought CLF :)

Fun fact: last time Iron Ore was at these levels CLF was $80-$90 a share

Oh did I mention that we only have 100m more shares in the public float since then 6 years ago?

>>22563713
It's just a dip bro don't be a pussy just buy more :^)

>>22563693
not if it's a dying industry on a downward trend with manufacturing down (and therefore sales) due to a pandemic and the earnings aren't paid out to investors. Additionally, generating $1B EBITDA is a lot different from generating $1B. I know someone shilled this shitcoin to you and now you're just trying to unload your bags, but did you look at their balance sheet?

>>22563729
They stopped brrrr for now, no stimulus, they want the market to crash right before the Elections so Biden can win and cuck to China.

Cruise bros...

>>22563544
What should be the mininum amount invested to make dividends a valid strategy.

>>22563748
>only
>100 million

Tippity top kek

>>22563754

Dying Industry? Check NUE

Nucor is America's largest steel producer with 14b marketcap at $48 a share

Cliffs is America's largest and oldest Iron ore miner that is transforming entirely downstream into steel producer at 2.5b marketcap 6 dollars a share

Dying market? Dying to what? They just completed AK Steel acquistion.. whom have 63% participation in the automotive market

Thats the best combination a steel mill can have and they are a fully owned subsidiary of Cliffs now

This is going to be a $20 stock sooner than later.. think WKHS

>>22563804

Thinking of grabbing some 2023 calls

>>22563650
I freely admitted that you make more money playing other stocks fren, but that isn't the point. The point is comfy. The price you pay for "growing your money" is a lot of time and effort to ensure your investments are worthwhile. Some of us lazyfags just want safe growth with bare minimum effort, and divvie ETFs offer that. The reward? Exponential growth and comfy.

That said, if you want more exposure to the market, I also like HD, COST, and ever since corona chan FDX has been blowing up, and they're all good companies anyway. But he wanted divvie ETF shilling, so I gave it.

>>22563765
brrrr is simply not inflationary. I just checked pmg. They're absolute delusional conspiracy fags. It's hilarious.

>>22563661
>actually putting that much money in gamestop
You deserve to lose it all

>>22563768
Tourism is finished. Most of the companies that currently exists will collapse. In a few years they'll be replaced by some new service providers, maybe the same will happen to airlines. I was surprised when I discovered that Dow Jones 50 years ago had almost completely different companies than today, nothing survived, everything we see today is a new batch. They won't last forever either, it's just a cycle. The cycle of tourism was simply very accelerated.

>>22563804

The only thing factual and not bullshit is SEC filings

I'm flowing with information straight from the survival scroll here. Would not dump tens of thousands into a ticker without knowing what I'm getting into

$CLF
2.5B marketcap
1B revenue this quarter
4B revenue per year (during COVID circumstances, CLF generates 2b per quarter or 8B per year normally)

Now read the market cap again and tell me this isn't an undervalued asset

Also wishing I kept my HTBX damnit

>>22563742
I'm buying some SNE next week when my paycheck arrives. Worst case scenario, it's still a decent long-term hold.

>>22563850

I sold gamestop I told you I made $500 in 5 minutes

I wouldn't dare long that piece of shit lol

>>22563834
The thing is, every single Country is printing more lately, you never know what will be the consequences of that in 5 years. I used to lurk /pmg/ every day, but then it was overrun by people who seriously believe that the financial system will be allowed to collapse. It's as simple as that, the dollar will not collapse because "they" will not allow it, end of story. Also prices of gold and silver are imaginary, they are 100% manipulated and have nothing to do with reality, they only make the miners lose, everyone else gains cheap precious metals. But what's the point of investing in gold if the price of gold is FULLY decided by the Bank of London every morning, and I don't mean dumping the price a bit, if they want it to crab around $2000 for 50 years, it will, no matter what happens with the economy of fiat currencies. It's a game where you can only lose.

>>22563850

I literally made $500 in 5 minutes with that bullshit anon

I wouldn't dare go long on that kaka

My long holds are
$CLF

with a side of flipping $DKNG

made a couple thousand so far with the timing of that. it is a clown market but there is money to be made everywhere

>SQQQ spiked up to 26 on premarket
Fuuuuuuuuuuuuuck slow down my dick can only get so hard

More fud than usual lately.

>>22563942
how much are you throwing around and for how long?

>>22563972
Sadly nothing will hapen.

>>22563973

50k in my robinhood 70k in my other folio

I'm about to dump 100k dry powder into CLF next week though

I'm real adamant on telling you guys load the fuck up on that one

Gonna try to accumulate atleast 2 blocks of CLF. Hey 3 years from now might be worth 500k if 25 per share which is conservatively putting CLF at 10b market cap

>>22563900
you sold? kek

>>22563804
A company buying things doesn't mean it was a good purchase. They spent $1.1B on acquiring AK and that surely comes with either A) significant debt, or B) significantly reduced cash flow. The purchase was completed at the height of a stock market crash also. You still haven't posted the balance sheet because you know it shows why the company dumps so hard after earnings. You know the majority of the industry is overseas but point to NUE as an outlier as if that means CLF also is.

I would tell you to take profits, but based on the stock's performance and how hard you're shilling, you probably don't have any. That's fine, I won't try to help you any longer anon.

>>22563996
Agreed. Bought sqqq calls before the close and will sell when it briefly spikes up.

>>22564039
>when it briefly spikes up
show your calls
because i think this post is cope

>>22563825
Ya I understand that fren, but you can do the exact same thing with other ETFs. If you would have invested 10k in SPY 10 years ago, you would have tripled your investment. Just choose the right ETFs and you make a lot more money.

>>22564039

>>22563912
>selling GME for pennies
I don't get it, did you just buy and ride the momentum without any understanding about the potential upside of GME right now?
Not wanting to long GME is reasonable, but that doesn't mean you have to sell intraday. I'm swinging GME too but I'm not settling for anything less than $20.

SRNE HERE WE GOOOOO

>>22564158
>It's afraid...

>>22564109
$20 is pretty hopeful my fren.

>>22564083
It's just 2 calls anon

>>22564180
>THE MARKET IS AFRAID!

>>22564196
nice
if you sell in the morning, you're retarded

The more I read threads out SMG, the more I come to realize that crypto threads on this board are full of people with 3-4 figures wealth. A shame this board rarely has any threads useful like SMG.

Like desperation reeks.

>>22564123
easy money, bai

>>22564230
What if it reaches 100% profit?

>>22564235

/smg/ is a safe haven from all the crypto bullshit outside these threads anon

t. Been here since 07

>>22563910
Yes same, i have like 10 pieces but i might get more as well. I think it will boom pretty hard soon after ps5 is released.

I was talking with an anon about similarities with the market bubble of 2000. And he mentioned about IPOs how they were just shit so this time around they were different because these IPOs are good. I believe that is the issue. Because institutional investors have access to the priced IPO. So it’s makes sense to get those IPOs however they need funding and they get this by selling their shares. The suits are about to unload prepare

>>22564189
how is there people like this pic

>>22564097
RIP my net worth

>>22564259
hold for 400%

>>22564235
>>22564300
I only look at /smg/ and occasionally /pmg/, everything else might as well not exist.

God dammit, I gotta have some special type of account and call Fidelity before I can trade pre-hours. I'm gonna miss out on the NAK gains.

>>22564189
kek

that's what I don't get from you. You're shilling CLF because it's a value pick when GME is actually much more undervalued. CLF is a manufacturer so their growth and margins are much more limited since obviously it takes time to expand capacity and they're not able to respond to fluctuating demand. GME's e-commerce is growing rapidly thanks to Amazon fucking up, and that's without Cohen potentially setting up large-scale fulfillment centers with much better magins.

Frankly, value picking without considering the potential future growth is retarded. I wouldn't have touched GME either if the Cohen factor was absent, because it doesn't matter how good their balance sheet is if the management will squander it all away again. The hype and short burn wouldn't be this strong without Cohen, not to mention he's basically taken out 10% of the shares out the float.

lads is DKNG draftkings worth buying?
whats the sports betting industry in the USA like?

>>22563931
> This is is the next crash
> This is it, end of the dollar
> Listen, guys, circuit breaker tomorrow!
Yup, you see this in crypto too by the way. Although usually, it's not as delusional.

Most of the delusion is desperation I've found. Imagine thinking the central Governments will let a currency "fail". Inflation to an extent is good for assets unless you're a wage slave. Kinda basic ecnomics.

never playing on NA servers ever again

spent 5 minutes telling my opponent how he's a genetic failure and that i want his mother to die slow of cancer and he has to watch and he says no se ingles

>>22564300
I wish I looked at this thread and just this thread back in '16 when I first heard about crypto

>>22564398
It's basically /smg/

>>22564398
Sports betting is more tied to sports fundamentals at this point than a lot of the tech rally since May.

>>22564398
>whats the sports betting industry in the USA like?
Boomers (actual boomers, not 30 year old millenials) love that bullshit, no one else cares

>>22564390
>GME is actually much more undervalued
i'll go down to my local gamestop and buy some shares
i'll probably have to wait in line

I've been risking $30,000 to make $200 every week selling puts. Is this reasonable or do I need to adjust?

>>22564300
Insane amount of scam threads, and normies on this board falling for them.

Do they not see, that crypto isn't gonna do 2017 again.
There is money to be made pumping and dumping. However, it's their small lumps of money that get dumped as "they" run off with the profits.

>>22564398
Hey DKNG actually hit 50

ah damn
guess i can't go down there to pick up my shares...

https://www.nj.com/business/2020/09/gamestop-to-close-up-to-450-stores-worldwide.html

>>22564405
what stock is this

>>22564460
It's like 95% of scam threads. Most people going to those would be better off throwing their money at QQQ or even s&p 500 and come out better off

>>22564451
>i'll probably have to wait in line
bullish

Happy Quidditch Day!

uhh what the fuck was that? just went from -$28 pre-market to -$1,430 in 1 second

>>22564473
NASDAQ: ATVI

>>22564522
fuck, my GME went from +2% premarket to +0.2% fuck fuck

>>22564519
fuck I thought it was friday

>>22564557
-.35%

>>22564460
>>22564501
Well what else do the pajeet scammers have to live for? At least they're easy to identify, they use the same the line anyways
>/biz/ doesn't know about this yet

They started moving to stocks now too, shilling pennies. There's some faggot in here shouting to get sorrento or whatever

>>22564456
>Making 0.67% gains weekly
No, seems pretty good to me. Understand that you WILL get assigned eventually, but as long as that's okay with you, go for it.

>>22564567
bad news for everyone if even GME is red

>>22563027
GME

>>22564593
not bad news for me :^)

Have a safe and boring portfolio. Thinking about using 20% to gamble. What are some good plays?

also for anyone thinking about buying NAK
just be aware that baggie has some too

>Airlines are warning they’ll have to start cutting tens of thousands of jobs in the month before the elections unless they receive more financial relief from Washington.
Is this just a shakedown?

>>22564634
he'll probably sell before open

>>22564618
Show your trip

>>22564661
THE ENTIRE WORLD IS RED

>>22563235
What divvys are you in? I like ET

NO NOT MY KO! WHY ARE YOU DOING THIS TO MEEEE

We're going down down

>>22564640
No, they are warning you that they will be cutting jobs if they don't get funding :)

Airlines can't last like 5 days without borrowing debt lol, good investments in this envioment!

>>22564640
probably legit, airliners still have massive cashburns with every other country quarantined/locked down right now. Like DAL had several billions in losses in one quarterly during the worst of covid irrc.

like who the heck is going to travel when most destinations require you to quarantine for 2 weeks before doing anything. Even from Canada, Hawaii is the only one that I know of that will let us travel to without quarantining (but with a negative test beforehand obviously), but then we'd still need to quarantine for 2 weeks going back home.

redpill me on nak
how high can we meme it
t. will order 50

>>22564698
i'm with chamath
let them fail

>bag holding SPDR U.S. Tech Select ETF
>down -9% since I bought it
>worst performing shit in my portfolio
even individual tech stocks that I have a faring better
wil never buy an ETF again

>>22564698
Didn't they cut jobs already? Even after receiving funding last time

>>22564670
Lmfao I respect that you did it

As disgusted as I feel right now, I just have to remind myself that it’s just opening news doors of opportunity

Bears gonna be feasting now

Noiceeee.

Any gains that I've ever had in the stock market have been quickly and thoroughly wiped out by the multitude of losses. I would probably fare better if I took all the money I spent on stocks and bought $1 scratch offs instead.

>>22564722
Yep, the pilots. They kept the flight attendants and ground crew though. I wonder why.

Ok bobros, you can run this show for next few weeks or so while I accumulate QQQ on the cheap.

thats fine my calls expire in january fuck you fags

is it possible to dip 2% during a moon mission?
asking for a g..... a friend

okay so i guess that marks at least 1 more day im gonna be bagholding AMD, then. really gonna be interesting to see how long before it gets back up to 80 (im in at 77.5 btw), im a day trader and honestly this is just proving once again why i should never accept overnight risk, but here we are yet again! haha!

>>22564750
Not when you're me and already spent all your money because I can't have any god damn fucking patience ahhhhhh

>>22564777
Why would you even bother with investing if you only have $6000? What's the point? Free dinner every now and again?

>>22564870
after posting about this incessantly for weeks you still end up holding overnight and taking loss. Daytraders absolutely btfo

say it with me

its all green

manifest the money nakbros

>>22564888
how much you rolling in, big baller?

>go to sleep to -.05% after hours
>wake up to -2.6% after hours
Bruh

>>22564777
6k portfolio,
Just stick to posting %'s lol.

>>22564900
>daytraders btfo

...if i day traded i wouldn't be in this situation, would i? im doing this as an experiment, i only have 200 shares so not even that much tbhwy. if it gets low enough i'll accumulate some more but hopefully i won't have to.

I bet the guy who sold me those options is cackling like a fucking maniac right now.

>>22564907
Nah fuck the green. Let's pretend to like the red so we go higher with cheaper stocks.

AMD IS TANKING THANK GOD I HELD MY PUTS THROUGH THIS WEEK BASED BOBO CLUB

>>22564937
Day trade or invest in the market. Don't trade like that without an edge risky as fuck. But you do you, you'll make more just buying an index.

>>22564952
its all red AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>22564907
S E C O N D L E G

>>22563931
>>22564404
The truth is that the FED has no real power. They're at the mercy of primary lenders and the primary lenders said no to brrrrrr. All Jerome is doing is trying to sway investor sentiment.

>>22564888
>>22564923
Welp it was 8 grand a week or two ago....also damnan I gotta start somewhere. My work handles my pension and annuity I only have like 20 options in my annuity wanted to start a roth or something else and this is what I chose instead. I've felt proud of saving 6k as a wagie since March

i'm gonna run out of red pixels

>>22564888
Can get more than dinner with less. We all have to start somewhere and I'm happy my poor ass started investing

>>22563931
>>22564404
The truth is that the FED has no real power. They're at the mercy of primary lenders and the primary lenders said no to brrrrrr. All Jerome is doing is trying to sway investor sentiment.
That's the hilarious part. By spreading the inflation boogeyman pmg is doing exactly what the Jerome wants them to do.

>>22565009
what the fuck did you buy

look what i bought with my NAK money bros i finally got one

You know what? Fuck you assholes for giving him shit about 6k. That's a nice stack to play around with. You larping faggots probably have the same 200$ babby account as me.

>>22564868
kek, funny how you suddenly get smug after the first dip
where were you when it was +20% yesterday?

>>22564978
If your saving money, you really look at dollar-cost averaging into an index or a decent ran fund. Not many people "save" using shares because they are so volatile, as your finding out.
I'd spend your energy on making more money from incomes rather than trading. Trading only worthwhile once you have at least 40k, really 100+

The struggle to six figures is always the hardest, but it really doesn't end until you get to about 400-500k USD really. The rat race.

where were you when aapl die?
I was on /smg/ when phone ring
‘apple is kill’
‘no’

>>22565043
I rode rkt for a little, dphc, wkhs, I hold other stuff that's performing well.never caught a huge one day pump or anything it's easy to find good trades if you research the fuck out of everything mentioned and also explore on your own you find good shit

>>22565074
been here the entire time
and it continues to fall far short of even the lowest idiotic shill projections
wake me up when it hits $14 on it's way to $20 and the inevitable march to $50/$100!

>>22564973
Technically, he can though. Liquidity is being held up by the banks. In order to force the banks to cough up the dough, negative interest rates will be needed otherwise they'll just sit on it.
This is why the fed meeting yesterday was shit and failed to do what was needed.

>>22564588
It hasn't happened yet but I'm not scared. What I don't understand is if I get assigned shares, do I still collect the premium at expiration day or will it be subtracted from my cost basis?

It's important for tax implications.

Any bull here care to explain how we recover from now on after half month of down?

>>22565043
Currently counting on vrt ayx and lac to continue the gains

>>22565073
I was negative $6k like a week ago so no

>>22565115
buy more

>>22565115
It's just a dip bro just keep buying TSLA and AAPL bro

>>22565108
Banks tightened their lending requirements after getting bailed out by the Fed, AGAIN. Negative interest rates are just a psychological meme since real interest rates are already negative.

TQQQ looks attractive

>>22565115
Stimulus money. These faggot politicians are slowing up everything. They can all suck my fucking cock

>>22565093
Yea I'm about wiped back to even. Gonna see how next week goes. If we still tanking may just dump into a stable REIT and collect gay divies while dumping money in weekly. I have a savings still. And paid all my debt off this year. So really nothing else to do. But maybe I'll just buy spy instead. idk it was all going great untill this last couple weeks

>>22565103
what happened to never hitting $8?

>>22565191
i challenge you to produce one post where i ever said that

dxy is red and gold is pumping

>>22565186
>REITs
wait for real, did you miss Jerome's talk yesterday? Where a housing crash is not impossible because of people not paying their rent?

Put your money in utilities instead if you want a safe stable stock with divvies

>>22565162
Well, how else do you get them to lend other than at gunpoint?

This is it, bros, isn't it?

>>22563004
>He doesnt love cheapies
Its like a chance to time travel back to when stocks were cheaper

>>22565205
>>22537929

WTF is Tsla and Nio doing?

Should i get out now before open?

>>22565073
nope, you post a sub 5 figure account on a public forum, complaining about -5% losses, what do u expect. Sell signal if anything.

>>22564868
>entire market is taking a fat shit
>GME, the zombie company/dying industry/never gonna happen, is only down 2%

S E E T H E

>>22565258
>probably
nice try

>>22565205
>>22565258
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>22565251
If you're buying this dip why didn't you just buy a month ago when things were the same price? This can hardly be called a correction yet with the absolutely absurd retard strength this bull run has had over the last six, and especially last three months.

>>22565276
It's close enough. If that doesn't count 14 is incoming.

>>22565205
5 seconds in archive

>>22565165
Neither side is going to give an inch until after the election at least. They're in a death struggle and they don't want to look weak by compromising. Who besides them would really even give a shit about adding another trillion dollars to this pile at this point?

>>22565268
i guess you can go down to the bank and just put those shares up as collateral on your brand new yacht, bro
you made it

>>22565262
> He still holds TSLA

>>22565238
I mean this is inherently the battle the Fed has been losing since 2009 in earnest: money velocity. QE is an unending, self-feeding cycle that just makes the very problems worse it is trying to solve.
I am pretty sure the Fed's long term plan is Fedcoin. Where it will lend money out directly and digitally but with perhaps constraints on it like "disappears if not used in a transaction within X amount of time". Like timed stimulus so people, banks, etc. can't just save it (or dump it in equities like what has been happening to the stock market since 2009 and repeated itself with GUSTO in 2020)

>>22565300
>probably
holy shit autists really can't read can they

you got $8
serious question: how long do you think you hold it?

>>22565306
S (C) E (O) E (P) T (E) H E

>>22565296
Because I didnt have an extra 1k in disposable income to dump in the market back then. Now I do.

>>22565263
You must be a real hit down at the yacht club bro.

>>22565307
>I bought at 480 like a retard
>could have sold yesterday at 450 and taken the lesson and only lost 120 dollars
>didnt

>>22565302
I am very aware as to why we are not getting anything, because political games are more important than just getting something done for the people they were elected to help. I hope all of them die agonizing deaths.

>.666%

>>22565343
It will go back up chill out dude. Don't buy a volatile stock if you can't handle volatility. Go buy 3M or JNJ or something

If I pull out now, can I still be king of the ashes when it all craters into the ground?

are we going to break 11k?

>>22565239
Yes
Bail

>smug gamblers thought the dip was over
>when it hasn't even begun

>>22565324
Q1 2021 at the latest with my current knowledge, i'm not longing GME. That's a stupid argument if that's what you're trying to get at. Profit is profit.

You'll probably say im just moving goalposts but the play to me was always bet on the short squeeze and if it doesn't work, I still make a small profit by Christmas from console hype alone.

Should I buy the dip or bet on Trump on prediciIT?

>>22565375
Should it dumb than yes. Otherwise you might lose a bit.

>>22565367
I will sell tesla and buy uranium stocks once it moons for battery day

>>22565334
Just comfy.

Holy shit 2 of my holdings had massive 10% drops in one second is today the crash?

>>22565413
Buy puts instead.

>>22565410
>the play to me
then i was never talking to you
i was talking to retards who were continually spouting $50 and $100 price points

>>22563183
Long live the rat

>>22565319
If it does the same shit 10 years ago I'm not going to complain much. At least my commodities will pump for a few years at least.

Circuit breakers.

just broke 11k

EV bros...

What just happened? I suddenly dropped 4% pre-market.

>>22565430
Every time I wake up and check the US markets in the morning part of me wishes to open my phone and see circuit breaker drops.

As a noob, should I construct my own portfolio or invest in a managed portfolio based on index's?

>TQQQ
oh nononono hahahahhahahahaha

My investment advisor working at top hedge fund just called and told to sell EVERYTHING at open. This is bad.

>>22565491
some big dick nigger in in whatever overseas market is open right now just dropped his bags on all of us

>>22565519
luckily /smg/ is filled with well-read investors who understand why it is a bad idea to hold leveraged ETFs

>>22565490
>hybrids
it's nothing.

KODK is unironically the most disgusting ticker on the NYSE

>>22565518
What are you looking to achieve?

are uranium etfs a good idea since the chinks want to make some nuclear reactors?

>>22565533
If you'd had an investment advisor you wouldn't be posting on smg though...

>>22565566
theres probably like hundreds of people that kodak has made or destroyed their lives completely

>>22565548
yes and even if we hit all circiut breakers they are so cautious that they will easily withstand a -60% day without getting margin called

>>22565487

>>22565442
but I'm still hoping for a short squeeze, if that does happen then $50 is really not unreasonable. Obviously it doesn't mean a short squeeze is inevitable even with the ridiculous short %, but it is also true that the right SEC filing afterhours or whatever Cohen might do has a small chance of triggering a short squeeze.

If another big whale takes 10% of the float for example, then I'm sure that might cause some panic covering and trigger a cascade. With the volume the last few days, who knows who's in GME right now.

>https://www.nasdaq.com/articles/tilray-rallies-again-anatomy-short-squeeze-2018-09-19
I like to compare it to TLRY as an example since I think it's the closest to what GME might be (massive hype rally), and it won't be like Kodak where it was basically a black swan even for short sellers.

eh either way I'm happy that I escaped the bloodbath in tech.

>>22565588
The problem with uranium is that its cycles are slow as hell and its correlated with the market. The current thesis for uranium has nothing to do with new reactors but that current production can only supply 1/3 of what is currently needed to maintain currently online reactors.
There is one hell of a supercycle coming to uranium but it might be the case where things move so slowly that you can just buy the big firms with solid prospects and management instead of eating the ETF management fees.

>>22565601
my lifeless body wouldn't be able to take the call desu

dubs red
trips green
quads circuit breaker

My wife had a dream that I cheated on her
Today will be green as fuck

I'm still mostly in tech. I thought I was buying the fucking dip yesterday. I'm feeling pretty suicidal looking at this premarket action.

Should I just fucking sell everything at open? I'm betting this is going to be a -5%, -6% day for NASDAQ

>>22565630
everybody hopes for a short squeeze on their stock
i was talking to absolute fucking morons who were guaranteeing a 10-20x because of an unavoidable infinite squeeze

>>22565576
I just want to put together a solid investment foundation that I can hold for decades. I've read random walk and he puts together some portfolio percentages but I'm not sure if I should be choosing etf's myself.

>>22565655
is she mad at you?

>>22565655
why do girls seem to have this dream a lot

>>22565668
how does -10% sound?

>>22563931
Hey what happened to the value of gold & silver in the 2011 crisis again? Could somebody remind me, I seem to have forgotten

>>22565675
that's fair i guess

Becky's indicator was right. Fuck, should've sold 100% not 50. Greedy bastard, guess I deserve this

>>22565668
>it's his first Thursday dip

Fucking clown market, I'm out

>>22565696
good

>>22565668
Imma try and hold out through the weekend and hope the doom fags aren't right.

>>22565533
My dad who works at Nintendo also called and he said you are fucking gay.

>>22565734
golly

OI wall for AMD on the lower end is 75 this week, im just curious to see if all of those put writers are cool with losing a fuckload of money this week or not.

CRAWLING IN MY SKIN

>>22565696
I'm already -7% in pre-market, so whatever bring on the pain

HA , HOW YOU LIKE THAT?

I am financially ruined.

*sips*

>>22565767
Listened to TQQQ fags, huh?

>>22565668
>selling low
how bout you hold onto your fucking balls for once? we'll be green by midday UNIRONICALLY

>>22565772
how many PS3 and PS4s lacked a disc drive?

>>22565678
Then diversified managed funds are fine to invest in. There are multi-asset diversified etf's you can buy, Vanguard the biggest manager in that space. Not sure what country you're in (I'm not American) but if you're looking at active fund managers rather than index tracking funds you'll probably have to look at actual managed funds rather than etf's and may have to look around in your market for platforms that let you buy managed funds (or you can do it directly with the fund manager but that's a bit of a pain in my opinion)

Over the long term the Index does beat most active managers, at least historically - but do understand that that works in both directions. The index tends to dip more than active managers. But if you're holding for decades I'm sure you're okay with some swings and roundabouts.

It's a good idea to start putting money away in investments when you're young - compounding returns over the long term does make a huge difference. But be aware that stock forums are not really a good place to discuss boomer tier ideas like "going long" and "value investing" - all these places are good for is short term speculative investing on inflated companies (basically gambling with extra steps)

>>22565772
$50 EOM

>>22565691
Men are, evolutionarily, a female's support system. It's natural to have dreams about things you fear, and for women it's losing their protector/food bringer.

>>22565805
>we'll be green by midday UNIRONICALLY
holy toledo

>>22565778
only if you sell
i'm -20%, waiting for october, september is fucked

All these GameStop shills.


I put 500 on Sorrento 30 mins before close yesterday. Check these gains

>>22562959
WHY IS AMD DUMPING AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

69 TSLA shares sold @ 420 to the nearest sucker

>>22565830
>he believes the market is rational at all
every faggot and his mother are gonna buy the TQQQ "dip"
today is the exit for not so smart but atleast not retarded money

>>22565835
GME was higher yesterday.

>>22565835
props to you for winning but pharmaceuticals are too risky for my taste compared to GME which is still a value pick.

>>22565866
>every faggot and his mother are gonna buy the TQQQ "dip"
boy howdy

>>22565807
Gamestop made a killing selling playstation plus and playstation store cards though. The digital PS5 bundles are all sold out. Really smart move on Gamestopm

>>22565807
You underestimate the normalfag's desire to consume on holiday season.
Expect GME to hit $20 by November.

Today will be painful.

But ibio might really be mooning today. And I have a lot.

>>22565874
I split my stack between two pharma's
#gambler

One is -16 right now.

Might sell and buy game is you fags think it's undervalued

>>22565812
Thanks for taking the time mate, great advice.

>>22565907
so a guaranteed... what price would you go with?

>>22565878
ok faggot, guess we'll see

>>22565917
Check my top positions.

>good morning

>>22565804
I only hold 3 positions
FNGU (-12%)
TQQQ (-10%)
TSLA (-7%)

TQQQ really isn't volatile enough for me

>>22565933
welcome to team red

>>22565805
And then we sell. There is no stimulus coming. The US big boys have no interest in keeping their economy, or stock market, afloat. It's just a giant dump from here, for the market and the USA as a nation.

>>22565668
If you're a gambler like faggit bears you sell, if you're an investor you hold no matter what. People held through fucking covid apocalyptic fud and you have paper hands because of a little correction?

>>22565916
i believe you overestimate the 2020 version of a normalfag's willingness to go to fucking gamestop

also. holy shit

bobros... Friday's SQQQ call bagholders... We're all gonna make it.. Those calls are gonna print

>>22565952
Stimulus is coming, it's just a matter of when.
If not, there's going to be way bigger problems than whats going on in the stock market.

>>22565970
damn right they will

https://www.youtube.com/watch?v=20Ov0cDPZy8

>>22565851
Nvidia.

>>22565970

>>22565945
Jesus. Don't take financial advice from a fucking anime board. Anyway, I'm sorry, fren

>>22565918
just make sure to verify the DD yourself, don't just buy in because /smg/ meme magic or you won't understand how to exit out on the pump.

CLF shill keeps talking about how undervalued his pick is, but he picked the worst time to try and shill his value trap when a lot of people here have already read into GME's financials and balance sheet. It's a reasonable speculation to assume that GME will stop its covid/end-of-cycle cashburn and declining revenues with the double console release. Console sales also lead to higher sales everywhere else, including digital shit through Gamestop. They're doing pretty fine for a $500 million market cap company

we are back to last week's prices. how is this possible. it's over. i'm going to kms

>>22565907
I've heard they sold more consoles preorders than they actually have in stock. Nice.

why is appl moving like my shitcoin since split

I find great joy in watching the FTSE and DAX index meander throughout the day and in the last hour suddenly spike in whatever direction the US market opens.

>>22565684
Yes
And every time she's mad I have a great day

>>22565851
>WHY IS AMD DUMPING A

What the fuck is happening

>>22565960
>what is ordering online from their website
People are already going stir crazy from covid limiting shopping experiences, anyways, so I expect people hitting retails more once the election is over and whichever winning administration says "alright fuck it dont care if you die now go spend money pls".

>>22566047
>WHAT SHOULD HAVE HAPPENED WEEKS AGO

>>22565933
limit selling my apple to be honest. Sold half of it two days ago, should have sold the whole stack. I'm still at a profit at $109 but damn it hurts to have been up so far and lost it.

>>22566051
serious question because i don't feel like looking for myself
can you not buy the PS5 via amazon

>>22565979
>Stimulus is coming, it's just a matter of when.
If there was the politicians would at least try to sell that to make themselves look better.
But there is nothing.

>>22566047
Were you asking this question when the nasdaq was going up every week for months during the worst economy since the great depression?

>>22565114
You collected the premium the day you sold the option. That was the taxable event. When it gets exercised, you're just buying the shares at whatever your strike price was. If you then sell the shares, that would be a second taxable event.
>Disclaimer: I'm not a tax professional, do your own research.

>>22566047
I hope the bubble burst, but it might be a pull back because the fed disapointed.

>>22566011
Nah, this is way worse. It shows there is no support for the market at this level.
People hoped for the Fed and Trump but no help ever came.

>>22566046
>DUMPING
STFU AND LET IT HAPPEN. I NEED THESE 15 PUTS TO MAKE ME MONEY

>>22566051
I wonder how much surplus money people are sitting on top of because they're not vacationing or eating out. People only want to stare at a wall or binge watch netflix for so long.

>>22565992
I don't. I just understand how volatility works and with big upswings comes big downtrends. I understand signal vs noise and I understand the macro factors at play right now. I'm genuinely not worried. Like I said, high volatility is for iron hands only.

>bought MSFT at $230
It’s over isn’t it, I’m never going to recover from this

>>22566051
absolutely terrible for employee morale and long-term health of the company but Gamestop stayed opened for as long as they can during lockdown just so they could sell Animal Crossing and Doom. Probably why Q1 was unusually better than Q2 kek

still really terrible management and it's the reason I wouldn't have touch GME if Cohen wasn't a factor.

They're goona dump this market on Trump before the election aren't they ANONS?

Puts on everything. Calls on inverses

11,000 broken

>>22566109
and because of that i know it will pump :^)

>>22566095
lol and what was the fed even supposed to say?

>>22566136
unless they dump it for 2 months continuously...

>>22566135
*wait fuck, i think Q1 was still worse. Yahoo's just labeling them the wrong way

>>22563122
>>22563169
I bought a bunch of far out $2 calls when it was super low because I was trying to get robinhood to let me do level 3 spreads. Would be funny if it actually makes money.

>>22565970
I think we're gonna get to coom today

>>22566136
They gonna dump it to scare off retail and pick up their stuff.

>>22566144
dust off the hats!

>>22566172
just be careful because tomorrow they'll announce more stimulus

>>22563367
They're warehouses are the first thing I think of when I hear the word innovation. Not sure what you're talking about.

>>22566085
The other shoe is really going to drop when trump announces a permanent moratorium on FICA taxes and half the people on gibs are up shit creek

>>22566131
I bought BIG into Apple and AMD when they dipped from their all time highs. I was sure they'll go on to even higher levels.

Literally a financial ruin right now.

>>22566093
>You collected the premium the day you sold the option.
My broker marks it as unrealized gain until after expiration day.

buying more aaaaaaapl today

>>22566148
Hey man if I can break even this week after being down 3k all week long I'd be fine with that

It’s fuckinf over

im not fucking selling my calls

>>22566083
Yes, why?

Who the fuck keeps buying KODK?

>>22566157
Negativ intrest, debt relief or some other bullshit. The fed can't do shit anymore, but somehow everybody is waiting for someone to throw money at the market.

Powell himself told congress do finally do something, because he literally can't.

>>22566195
you could buy more to lower your exit cost

>>22566221
>>22566221
>>22566221
new thread

imagine all the anons who were holding back on posting something big because they see it's already at bump limit.

Why is everything tanking when jobless claims are lower than expected and there's no rate hike til 2023

I bought a ps4 and never even used it. Think i'll pass on consoles from here on out as long as my computer lets me do whatever I want

>>22565970
I'll probably baghold too long and lose out like most bears do.

>>22566248
because the market was expecting it, and is now signalling to the fed to do more

>>22566301
>signalling to the fed to do more
More what? Rates are already at 0 it's over mumu

>>22566258
The ps5 game graphics looked like ps4 and also with 30fps lmao

I just get a new GPU later

>>22565945
I originally just wanted to boomer-invest in VOO, but foolishly started looking at more specific ETFs and visited /smg/, which is how I ended up putting around 10% of my money in each of TQQQ and FNGU.
I still have most of my money in VOO, but that doesn't look too hot these days either.
Especially annoying since I was looking at closing my positions and invest long-term in a variety of stocks. Looks like I'll have to wait with that though and ride out the volatility.

>>22566000
Fair enough.

I come from a 'fortune favors the bold' point a view not so much the research, and all reading stuff.

I don't give a shit about a grand so it works for me. If I was investing 10k, well, I may reconsider. Most of my hard assets are in PMs. I don't consider stocks real money until I cash out.

Fuck ibio is going to be fucked today too i feell it.

So this is a universal tech dip, not just tsla...