/biz/ - Business & Finance

Is everyone ready for a raging bull market recovery tomorrow? I hope you loaded up today, because things are going to happen real fast in the morning. There might even be some huge gaps up before open. Tomorrow is going to be so FUCKING GREEN. There is no stoping this!

please help me make money

>>22738828
true if big

The dollar really seems to be committing to this attempted reversal here. Wonder how far it will go.

>>22738850
based because I was going to kill myself if it was red

DXY moons along with SQQQ
Goodnight anons

>>22738858
Its very easy anon. Buy every dip. Put all your money in now. According to this chart, the stock market only goes up. Don't be an Elmer Fud and sell. BUY BUY BUY!

>>22738900
Yep. Tuesday was a bull trap

Tomorrow will be green, right anons?

>>22738908
>over 100 years to recover from the 1710 spike
what the fuck is that spike

>return to /smg/
seems better than when I stopped visiting around June, but it's still pretty shit. DXY acting stupid. I wonder what's going on. Too bad every number and indicator is pretty much useless. Spice racks and aisles are more full than they used to be, so that's a good sign. The equities market has complety outpaced, overshot, and misallocated for this natural disaster recovery. Only thing that really makes sense to me was a big bump for target and the continued prices for PM and industrial metals.

>>22738919
Futures don't have a confident opinion at this time.

>>22738850

>>22738919
GME's already up 3% afterhours so most likely

>>22738900
DXY was above 99 pre-crash, it still has room to grow

How do I set a sell limit much higher than the security on Fidelity? Wont let me set a selll limit for 50

>>22738828
GME sell off point? I'm thinking 30.

>>22738953
>Wont let me set a selll limit for 50
Why not? Does it give you an error message or something?

>>22738908
>tfw bought the top in 1700s
>tfw 4 more generations of my family have to hold my bags before they can come out even

>>22738927
stocks, metals, crypto have all been moving in tandem lately inverse to the dollar. one day the market wants all cash, the next out of cash. there are a lot of people trying to time the bottom falling out right now.

>>22738908

How am I supposed to make money when I don't know what these nerd charts mean. One day someone posts a bunch of lines and numbers and says "this literally proves that we are overvalued and guaranteed to crash tomorrow" then the next day someone posts a chart that says "as you can obviously see, the stock market is at a healthy value and going to go up according to the international bull index"

How long will the GME squeeze last?

>>22738966
>Look at the charts, anoneus!
>Verily, stocks only increaseth!
>Do not fight the crown, naive!

>>22738959
if gme hits 30 i wanna give coomcat a manly handshake
https://www.youtube.com/watch?v=BcIjFeWE4fE

>>22738976
this is why the market has liquidity. because nobody agrees on anything and when nobody agrees on anything we have liquidity because there are both sides of the trade.

be worried when volume starts drying up and order book depth shrinks day over day.

>t. 2008

>>22738962
Yes

>>22738887
make sure to order your affairs before 3am est

We're going to make it boys

>>22738925
south sea (btc)

>>22738966
>>22738998

>>22739043
What will happen to smg if we all make a good amount from GME?
Can you feel the overwhelming positive vibes?

APOLOGIZE

>>22738988
november

>>22739013
Isn't that what the whole repo thing was about

>>22739031
What does the error message say?

>>22738925
>>22738966
Holy fuck my sides

>>22738959
If it follows past console run ups, it could hit $50, but that is price memory. If the squeeze actually happens, it could possibly go higher. I'll sell half at 30ish and let the rest ride.
>>22738988
Could be long and drawn out, or it could happen tomorrow. No one knows

>>22739064
i have puts but i also sold puts to cover. i bought most of the outs that i have. so i guess ill lose 60% of everything if gme doesnt hit 5$ before december

>>22739078
>>22739088
No not when will it happen, I'm asking how long I will have to sell high when it does happen. Do I have to be ready or will it last like an hour and I'm going to catch it by just casually checking throughout the day?

>>22738962
Robinhood does that too. I was trying to put limit sells during a trading halt but it fucked me.

Should I get more shares or do calls on GME?

>no pedo links in OP

You did good, ladeen

>>22739064
You really don't believe that most of us won't lose our gains on a retarded options call the next Tuesday coming off our gamblers high?

>>22738975
It's getting old. All metals, big oil, and transportation seem the most attractive right now to me. The mark is being missed completely by our pricing mechanisms. Banks are still overpriced for my taste. If NANR had more volume, I'd be tempted to get a bigger position.

>>22738966
>For the rest of his life, he forbade anyone to speak the words ‘South Sea’ in his presence.

>1 week after the infinity squeeze
>(((media))) attention has forced the hand of the SEC to order all ill-gotten gains to be returned to short sellers, to ensure that an occurrence like this is never incentivized to happen again

>>22739088
I really don't think GME would follow it's console cycle trend if it wasn't for the squeeze. I do think at 6-8 dollars it was under valued but let's be realistic here without a squeeze it was probably properly valued at 12-15 dollars during the console cycle. I think I'm going to set a limit sell for 1/3 of my shares at 20 and let it ride from there... assuming it gets that high.

>>22739119
There will be a race for the door to lock in profits but also a race to the door for shorts to cover, so it depends which side wins.

>>22739069
I’m not buying your bags

>>22739143
>All metals, big oil, and transportation seem the most attractive right now to me.

As longs, maybe on the 12+ month timeline. JPOW and PPT have control of the memelines for now. macroscale looks dark between now and next spring.

>>22739185
why not 80% of new consoles sold have disc tray

>>22738976
Don't listen to Elmer Fud, with his permabear meme charts. It's very simple, always buy the dip. Who cares if you get stuck holding a bag for 10-15 years. The more bags you have, the richer you are. Only a low IQ no brain simp would stop buying. When it dips, buy it. When it goes up, buy more, because now it is going up. When we hit ATH, buy more, because the market is hot. You don't want to miss out, do you Anon? Look, you literally can't go wrong. Just buy everything, all the time, and you'll eventually own it all. It's really that easy.

boys should i run the wheel on GME?

>>22739119
Say for example it has a crazy run up one day (70-100% gain) do not sell that day. The crazy shit will happen the next day. Retail investors will be getting margin called left and right getting forced to cover and some institutional investors (not ETFs) MIGHT cover. If something like that happens, load up a market sell once trading gets halted. A bunch of people will be trying to sell their calls/shares and it will tank hard, but might have a small recovery a bit later.
Will a 70-100% run up happen in a day? Probably not, but that is just a scenario. You'll have about a day or two after the halt to lock in your profits.

>>22739242
yoooo... wtf

>>22739203
I'm happy to be in income producing companies where I'm getting insured against being unable to pay for electricity instead of waiting for some magic moment off on the future. 12 months is a good note for anons. That sounds about right. PM could bounce a little sooner, but beginning to average into a few under loved re-expansion and dividend stocks with some deflationary and covid hedges is my game plan at the moment

>>22739242
is this real?

>>22739242
That cat is hung.

>>22739077

>>22737661
can someone elaborate a little bit more on this anon's post, I'm wondering at what point in the week you would choose to sell and roll over to the next week

>>22739242
Alright cool thanks. Also wtf is that pic bro

>>22739185
That's why I said its price memory. Sure it would be nice to get to the $100 meme, but circuit breakers exist and that's likely not to happen (unless circuit breakers trigger at $100 kek) With their current cash on hand, they are worth that $12-15 range right now. There are a bunch of potential factors that could cause the squeeze, but I'm currently leaning to this squeeze will be long and drawn out as this is an election year, so it can go both ways. The limit at $20 is a good idea, but a trailing stop would probably be better.

>>22739222
Gamestop just isn't the same company it was in 2013, let alone 2008. Do you think they would be closing stores left and right if they expected an astronomical boom in sales? Again I would like to reiterate that I think it was under valued at 8 and still might be at 11 but there is absolutely no way it would hit anything higher than 20 if there wasn't a squeeze.

>>22739300
Okay. You won't be able to get around that on your broker. I suggest setting up a price alert at your price target or a bit below to give you warning if things are approaching that region.

There is no bull market guys, think logically about this, there are no positive signs at all, no stimulus, corona cases are going up around the world and be honest with yourselves there is no safe vaccine coming any time soon that the masses will want to take. We're going down, keep a lot of cash so you can DCA on any long term holds.

>>22739338
a 10% trailing stop loss would have triggered(or came close?) on monday, pretty afraid of that happening... perhaps 10% is too low.

>>22739300
lol

but just set it on the day *if* and when it actually happens. I did pic related just for kicks but I don't actually expect these shit to fill because it will probably be capped at $80 or something.

>>22739419
muh case count

Reddit is STILL retarded
https://www.reddit.com/r/wallstreetbets/comments/iy0lpl/gamestop_overhyped/
>I heard they hired Trevor Milton over at Gamestop.
>It's no different than the late 90's when a company stock would jump 50-100 percent just by adding ".com" to their name.
>I’m buying puts tomorrow lol such an obvious pump GameStop bankruptcy in 2 years
>I bought more puts too, because this is just dumb. I'm just wondering if I should have bought Nov expiration instead of Oct

GME is just gonna continue to print. Gawd Im gonna COOOOOOOOOOM

>>22739242
Im already up 100% on gme lmao this shit is still going I love it

>>22739433
>>22739408
Maybe I can put a trailing stop on it to get around it? Would that still work if a kdak situation happened

>>22739352
Malls are closing left and eight from amazon niggers. Gamestop is only closing shit stores and around me only gamestops closed are at malls and they stand alone gmes are everywhere, like 3 5 miles from me. They can stand to size down, they arent starbucks

>>22739425
have a clear price target, there's no harm in securing some profits.
Like you don't have to do a trailing stop on your entire position. I plan to put a trailing stop on just a portion of my position once I hit my price target of at least $20 because I expect it might keep going up there.

>>22739301
that was my post. I just do it when I feel like I'm sufficiently up, and it's not a strategy I use on large positions. I suggested it to the other anon because he has 11c Sept 25 calls, which are about to get destroyed by theta most likely but he should be up about 20% at market open. My advice was for his scenario specifically, but with a near-term date on a volatile stock, I'd sell once up 10-20% or at market open the following day.

Is it too late to get GME calls? I only have 60 contracts open :(

>>22739494
>Maybe I can put a trailing stop on it to get around it?
Nope. Do price alert. You can set it up to send you a text message at whatever price you set. It's very rare for things to be moving so fast you don't get 10 minutes to react.

>>22739419
>western countries locking down again
>cities / colleges / high-schools locking down
>western / eastern countries on progressive war footing
>layoffs accelerating
>small business decimated
>inner cities decimated
>commercial real estate decimated
>fincel scandal
>lending frozen for SMB
>gdp decimated
>fed QE to infinity
>winter is coming, actual flu conflated with covid, more chaos
>US election contested, constitutional crisis
>US cities about to endure more peaceful riots
>US holidays going to be cancelled by the media as being not safe
>same worldwide
>US west coast burning, 1 million refugees
>tropical storms and hurricanes battering gulf states
>borders and travel between countries still severely restricted

good luck bulls. bobo is coming.

>>22739452
Reddit is unironically smart money.

>>22739452
>I dare you to buy puts, you’ll only end up helping the squeeze
uh what?

>>22739310
Its me after I coom from all my gains
>>22739352
I can't remember where I read it, but they're closing these stores down because they overextended themselves and opened way too many stores than they should have. Their executives had a private jet just a few years ago, so take that as you will.
>>22739425
Set a price target before you enter in any trade. Does it suck if you sell at $20 and goes to $30? Sure it does. But it sucks even more if it goes to $20 and back down to $10 because you got greedy and wanted more. No one went broke taking profit. If you bought when this was first shilled about a month ago, you'd be up over 100% right now on shares alone.

>>22739528
>only 60 contracts

are you comparing yourself to ryan cohen?
you have fucking a lot of contracts. some people here have 2.

>>22739577

>>22739606
I was the guy making GME threads all summer long and kept getting ignored here. I would post about “is gme going to explode?” Every day and everyone who replied laughed at me and now the amount of hype it gets now makes me so mad nobody was like yeah dude, I’m on the GME train too. It honestly kept me from getting more when I obviously should have.

But my calls are mostly for 10/16 and I have 10 for January too... but I sold all my 9/25 today probably a bit too early

>>22738908
Bagholding for over 100 years in early 1700s

>>22739521
>I plan to put a trailing stop on just a portion of my position once I hit my price target of at least $20 because I expect it might keep going up there.
That's pretty much exactly what I planned on doing, thanks frien

>>22739604
>If you bought when this was first shilled about a month ago, you'd be up over 100% right now on shares alone.
Yeah I was one of the people calling the GME shills troglodytes because >lol gamestop. Still got in under 10, could be much worse off.

>>22739643
well youre way up just sell your 10/16 tomorrow morning and swap for january or april

pretty straight forward there bro

also stock market is usually like this they wait till the last minute to fomo in

Get ready for that sinking feeling in your gut and that feeble chuckle + wince when GME gaps down tomorrow.

>>22739643
What strikes?

>>22739419
thanks, gonna off myself now

>>22738976
Welcome to technical analysis. The secret is to be a smug arrogant cunt when predicting the future, and when reviewing past predictions ignore or retcon all the ones that were wrong. Congratulations you are now a smugposting technical analyst with 100% accuracy

>>22739678
>implying i wont nut my pants buying calls
silly little girl

>>22739523
Okay, thanks. I was curious because I've got one $8c 1/15/21 that I bought a couple weeks ago, but today with a minute until close I bought an $11c 9/25 like that other anon, just in case it moved significantly AH. Going to try and do what you suggested with that one

>>22739686

>>22739643
you were right, but to be fair money sitting in gme wouldve been dead weight for most of summer

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

ayo damn bitch muh dick big u wanna fuck whyte bitch? yeah nigga

>Buy etfs like a good zoomerboomer
>Slow meme gains, $20 dividends
>Do options for the first time today
>Instant +6%, Dopamine rushes like never before
I'm hooked.

>>22739714
holy shit. i'm so dyslexic i read that as "implying i wont nut my pants bullying little girls"

>>22738794
>there's no fucking way /smg/ is smart money edition
Just embrace your ignorance and hold leveraged indices long-term, like a true Chad.
All that "smart money" is basically just HFTs and algos doing end-of-day buying

20/y neet here. Any of you make money using your parents money or should I just get a job?

>>22738908
Which modern company fits this description most?

>>22739869
thats not dyslexic, thats more Freudian slip

>>22739882
Get a job nigger. Why the fuck would your parents let you trade with their money not to mention how jewey it is.

So everyone is loading up on QQQ puts tomorrow, right?

Look out of every stock that was shilled getting only one correct isn’t smart money. Lets face it SMG finally got one right and GME is going to the Venus extra gains style

Just so you fellows know, end day selling orders have outpaced end day buying orders for the past three market days.
https://marketchameleon.com/Reports/StockOrderImbalanceReport

>>22738794
[Intro]
I'm wonderin' what kind of rut you need to be
Stuck in to be recording musicreviewvideos
I'm wonderin' whatkind of rut you need tobe
Stuck in to be watching music review videos

[Chorus]
I think kids that watch The Needle Drop are obnoxious snobs
Brainwashed by media and other drugs
They get off on mentally jacking off
And they talk too much about retarded stuff
And that's the kind of rut you need to get out of

[Verse 1]
You're an MK ULTRA victim
You got poison in your system
Why the fuck are you listening
To a nerd with bad opinions
You eat shit and you love it
You're a douchebag and a faggot
You have shitty taste in music
You're so ugly and fucking stupid

[Chorus]
I think kids that watch The Needle Drop are obnoxious snobs
Brainwashed by media and other drugs
They get off on mentally jacking off
And they talk too much about retarded stuff
And that's the kind of rut you need to get out of

[Verse 2]
The Needle Drop is just commercials for
Kids with parents that are divorced
They talk a lot about nothing at all
Prolly coz they're high on Adderall
They get fucked up the ass and love it
They have really shitty taste in music
There's nothing worse than a melophile
Except maybe a fucking pedophile

[Outro]
Ding, ding, ding, ding, ding!

>>22739892
No, it was straight up dyslexia. I wasn't focusing hard enough on the words when I read it so it got all jumbled.

>>22739933
no one seriously bought into the other shills. The only other /smg/ shill that convinced me to buy was TSM because the DD is legit.

but don't lump me with the same idiot who buys CLF because 2.5 billion revenues every "quarterly" and only 2.5 billion market cap

>>22739882
>20/y neet here. Any of you make money using your parents money or should I just get a job?
Get a fucking job. How much money do your parents even have?

If it's under 500k, what makes you think you can make enough to live off it?
If it's over 500k, what makes you think you're entitled to any of it and they'd let you just have it?

I make 170k/year at 25yo, have 80k-90k in Robinhood, and even if I quit and invested full time, it wouldn't be enough to live off of without excessive risk taking

>>22739911
i hope youre not loading up on a massive dump brother, otherwise they better me long expiration

>>22739933
SMG got WKHS and TSM right recently.

>>22739577
>Reddit is unironically smart money.
6/10 troll.
You got me to hit the reply button.

>>22739993
>I make 170k/year
>even if I quit and invested full time, it wouldn't be enough to live off of without excessive risk taking
Got ourselves a city bitch boy do we now.

>>22739993
>I make 170k/year at 25yo
wtf

dude when i worked a job i made 200$ a week at a grocery store/ and fast food restaurant

>>22740017
Dude everyone knows smg only loses money. No one even mention that shit till it exploded

>>22739993
Do you do options? I bought a call for the first time today and got a +6%. I know that's not a lot for most people, but my parents really drilled into me that I need to buy etfs and that a yearly gain of 7% is normal and almost excessive.

Is all in swinging retarded? In and out within 1 or 2 days tops with your full account as much as funds settling allows. Portfolios are for boomers arent they?

So what are we thinking? $10000 GME tomorrow?

>>22739352

Gamestop has been a terrible investment ever since video game industry went to the fortnight style in game purchase business model, retail income shifted to the developers directly.

>>22740035
I know you're being sarcastic but I'm still mad at myself for not getting in on the horsie at 5. I missed it entirely, even after it pumped to like 12 and I claimed this is the top horsefags.

Is all in swinging retarded? In and out within 1 or 2 days tops with your full account as much as funds settling allows. Portfolios are for boomers arent they?

>>22739828
First one is always free, don't get carried away

>>22740057
you can buy vbucks at any gas station m8

>>22740035
WKHS was around $5 and TSM was around $55 in June before it mooned to $80

TSM has been at $80 since then though, doesn't give a shit about Nasdaq dump, but like not going up either.

>>22740035
WKHS goes against your argument. That was being pushed hard around mid June.

>>22740057
very good point here, but we squeezing to infinity anyway boys

>>22740050
How does $1000000 sound?

>>22740037
I can't even get hard unless it's +100%.

>>22740066
I'll try... my dad said he'd show me how to write covered calls once I got a good bankroll, but he told me I should just keep buying etfs now.

>>22740082
Nah dude you got it mistaken. If smg got shit right people would be comin here but no one gets shit right and half the stuff people suggest and just tricks.
But as you can see its the same retards everyday, no one knows what they are doing

>>22740050
How does delisting sound?

>>22739934
Which means? For which stock(s)?

>silver

>>22740057
I hope it goes back. I refuse to buy any in game purchases and won’t even watch ads to fund them. Now I won’t even dl any games with in app purchases and deleted all the ones I have.

>>22739828
>>22740037
Please stop saying "do options". It's causing me physical pain.

it was all priced in

Can anyone explain why the banks keep going down? I'm losing my shirt over here. Furthermore they seem to be on a trajectory for their covid-19 lows, which is crazy. The banks are so undervalued that it is getting silly.

>>22740131
I put 1/10 my money in SLV in March and now its 1/6 my net worth, not because I bought more but because it nearly tripled. This last week has been brutal. It's down from 27s to 23s. This is JP Morgans doing right?

Hey guys, my soup is almost ready, want to see? Also i wont put water in it next time

>>22740097
Covered calls are pretty harmless.

You haven't experienced the pants-shitting terror of seeing your portfolio -90% on a bad option play.

>>22740163
No idea. Is it going to keep going down?

>>22740097
???

own 100 shares. Sell a call. Boom you sold a covered call and now I’m your dad

>>22740152
Always has been.

>>22740113
retards who blindly buy a pick just because it's shilled deserve to lose all their money (CLF anons)
Most GME anons all did their DD before they put money into it because every single anon's first reaction to "Gamestop?" is that it's a fucking retarded pick and disregard it entirely.
unless that anon was intrigued enough to check the DD on Gamestop.

lemme tell you that definitely no one jumped into GME without doing DD, it's too retarded and contrarian of a pick otherwise even for bandwagoners

Horse chads we’re going back up to $30 tomorrow right?

>>22740185
Hmm. When silver starts dumping it doesn't recover historically.

>>22740220
>lemme tell you that definitely no one jumped into GME without doing DD
*until now I guess

because FOMO is in full effect here after being shilled for 3 weeks. I mean the DD still makes sense now.

>>22740185
I think the stock market, metals, and crypto will all crash again together like in March. I sold my crpyto and stocks, but held my silver because I thought they would be the safest and crash the least. Instead, it looks to be leading the way on the way down.

Seems the only safe haven is suburban real estate.

>>22740170
What kind of soup? My favorite is French onion. I love my mom's beef or chicken soup. I can make an olive garden copy cat of their Zuppa Toscana.

>>22740170
Put fucking water in it if it’s condensed mate. Don’t be a degenerate. If it’s condensed soup, add water.

>>22740159
just keep buying
no worries bro

My girlfriend actually told me to buy GME calls on Monday and I’m glad I did. Normally she gives terrible advice but this one was pretty solid.

>>22740273
Your GF sounds based asf anon, shes a keeper. Buy her something nice when those calls print.

>>22740273
Oh no. Oh no no no. It's the thot index. Top is in.

Which stock are you down the most this last few months?

>>22740305
but I only own GME

>>22740172
How so? Your stock going down 90% so the gains in premium are worthless?

>>22738794
Who else gonna buy some Costco calls before earnings?

>>22740305
CBOE, MU, TAP, KO haven't done shit for me
but they're mostly sideways

I wish Cohen would unsheathe his dicko onto the stock market and cause the GameStop queens already.

>>22740305
JNUG. It hasnt had a run up since a couple months ago and I don't understand gold miners enough to decide whether to DCA into it so I'll hold until it pumps up or I die.

>>22738794
I DIDNT BUY ANY NIKE CALLS BEOFRE EARNINGS. I MISSED OUT ON HUNDREDS OF DOLLARS BECAUSE OF MEME LINES. REEEEEEEEEEEEEEEEEEEEEEEEE

>>22740329
Already bought them at the end of day Friday. Put in solid FA leading up to Friday expecting it to dump into close and what I should buy. COST has been a solid gainer for me this year but earnings don’t move that much ironically in the past. So I’m hoping to bank on the lead up to earnings and might hold some of them for higher risk exposure. Will have to vibrate at the same frequency as the chart tomorrow and decide my final decision.

>>22740305
I lost a little on silver attempting a failed swing from August 31st to September 4th. I was hoping for the dollar to leg down again and silver to hit fresh highs. Didn't happen. Position was 2x leverage for a loss of about 8%. No other bad trades since March. Bunch of break evens in the last two months. Spinning wheels, getting nowhere on account of the index crab and maybe break down.

I still think indexes are going to range crab-wise instead of crash from here but not sure. Fed stopped juicing the market, dollar is rallying, some additional sell offs are certainly possible.

>>22740456
Why would you bet against the dollar? What’s wrong with you?

>>22739678
I got diamond hands you fucking nigger, get ready for my dick in your mouth

>>22740474
I didn't expect the Fed to slow down the QE so quickly.

>>22740327
So how likely will gme spine when the next gen consoles release?

>>22740226
50 eom

>>22740456
>>22740474
>Betting against USD
Two words: Milkshake Theory.

>>22740421
NUGT is Senior miners and less volatile than JNUG. Unless you are looking for maximum gains or volatility or specifically Jr miners are going to do well soon, I go with NUGT. Since they both are volatile, being 3x leveraged but JNUG being even more volatile, requiring you to know more what you are doing and have an edge.

>>22740492
who said they slowed down? they announced non stop buying for at least 3 more years

>>22740305
that cliff niggerfaggot got a solid 200 - 250 from me

>>22739887
Tsla 100%. I remember at the beginning of the year people were talking about tsla being a pretty risky buy at $250. Then it when to fucking $1k (i think that was a short squeeze with a lot of fomo from retail traders)

Rate nmy portfolios anons. I started only a month ago and put in about $1000 and made about $150. I bought every meme from /smg/ aside from clf.

>>22740305
>GSAT
>REFR
>SSL
>AMPY
>AGQ (silver)
>KNDI
i am so fucking close to liquidating. ive been carrying these literally since june

>>22740305
RKT

will sell off my RKT at a 10% loss if GME dips below my average

>>22740603
the fact that you listened to my BLNK shilling makes your entire portfolio based.


Fuck cleanspark but I dont feel cheated like I typically do when other stocks dip

nak is based too.
If WKHS doesnt moon you should buy in.

>>22740603
Bro stick to like 5-7 stocks max. I hardly do over four at a time. Bigger payoffs bigger losses as well tho.

>>22740637
I second this. Anytime I "diversify" I regret it 100% Ive never actually benefitted from doing so. But where hes at right now, I wouldnt consolidate anything.

>>22740666

same thing with diversifying into different races of people it never works out

>>22739911
got these cheap today, almost timed perfectly. I do hope so.

>>22740603
If you're gonna buy all of those, why not just buy a proven index like spy or qqq?

>>22740722
>tfw only had enough cash for 1 contract at close
oh well

>>22740603
Too diversified. Cut it back so you can take bigger positions and actually make a bit of money of your trades

SELL SELL SELL SELL SELL SELL

What stocks has /smg/ shilled that turned into bag holds? These are the ones I remember:
>IVR
>MRO (and almost every other US oil company)
>SSL
>GNUS
>KTOV
>RTX
>BA
>JC penny (got delisted)
>NAK
>SOLO

Those are some of the ones I remember. Which one did I miss? Don't think tankers count cuz they got shilled in /tsg/. Maybe TQQQ as well, since everyone kept saying buying at ATHs was perfectly fine. Also, I think there was some shitty south american airline company that got delisted as well that some anon went all into. Can't remember its ticker.

>>22740159
>banks undervalued
That's retarded. You're retarded. Banks have never been in a more precarious position in our lifetimes, and just might be gutted, strung up, and devoured by the government and central bank as a scapegoat.

>>22740837
gotta cut NAK some SLAK

>>22740603
Agree with the others too diversified for your account size of 1k. Go through all these companies and research them heavily. Then start cutting and keep the powder you trade for selling the stock dry to buy the stocks you kept when prices go down below you bought in or is a nice dip from a higher price is gained too since you bought it. Also there may be such a great opportunity you might want to go bang on with the dry powder too.

Im thinking of selling GME at open and then buying the probable dip or calls instead for some free gains but im worried id get left behind on the odd chance of the squeezening and i dont wanna give shorters more stocks to cover with.

What do I invest my 1k in tomorrow to make it big?

Signed up with my broker to get $17 IPO shares of Corsair. Hope they have enough shares for me. They didn't allocate me any Unity shares which were only $54, that made me sad.

>>22739606
I got 3 lol

>>22740910
SQQQ

>>22740635
When's a good entry into BLNK?

Why.

>>22739678
I want in so yes plz. Gap down to like 7.

>>22740910
GME calls if it dips

>>22740938
golden bull run

>>22740890
If you want big dick swing gainz just sell puts
Dont give the shorts any breathing room

>>22740937
low $8 anything at all in $7 I would say. I sold off today at $9 and bought in at $7.90 then bought back in with 15 for an average of 9.44. Which im sure wont be very good for me. I bet it'll dip around opening.

>>22740996
>Dont give the shorts any breathing room

You're a fucking monster dude

>>22740890
>>22740996
Unironically is a good plan. If you want shares anyhow why not just write puts until you are exercised and receive them or decide you don’t want them but either way collect premium the whole time until one of them happens.

>>22741010
Might drop my TQQQ bags and pick some up, thanks mate.

>>22740837
DF, bankrupt and delisted

>futures

>>22741048
>you're a fucking monster
Yes. I want to sell my bags to some desperate hedge fund for $2000/share and laugh maniacally into the sunset

>>22741087
What price did you get them at?

>>22740837
You forgot evri

>>22741098
Ah, yes. Thank you.
That made me remember Wirecard and Hertz.

>>22741126
136...after buying and panic selling Tesla at the ath

>>22741159
Bought twice myself. Second time was a bulltrap at 134...

>>22741099
seriously wtf is going on, dollar is strengthening and everything is in the green.

hello yes I'm back I've been busy and banned

How is everything /smg/? What have I missed?

How did I fuck up so badly and sell ROKU before a nearly 20% one day move?

>>22741159
How many shares btw? Glad i didnt all in.

What is everybody caring for long term? It seems like everyone here is day trading. I wish I could do this but I’d be afraid I’d get fucked come tax season.

>>22740837
That was Latam
I was going to buy it When it got shilled here because it was going to bought out by some other airline
Literally the next day I searched for it found nothing and everyone here was like wtf happened to latam

>>22741207
You only pay taxes if you make money.

>>22741195
dont trust it is my advice
>>22741159
remember your training. dont hide, just buy (After the crash). seriously dont sell your tqqq, it will come back with a vengeance

>>22741205
Just one single share, it was all I could afford at the time.

I'm holding horse, nak and gme atm. BLNK sounds based so why not?

TSLA is such a piece of shit. Dragging down the other EV's because of it's retarded nothingburger conference.

>>22740837
BGFV
LCI
SNSS
Is that one on here that the T anon would post daily how he was going to make once it hit 45 or something and he’d pile more into his T babies to collect divvies?

Should I buy a huge call on gush?
Oil is at all time low and good news about oil at starting to pop, I think it'll pump to 30 bucks by the weekend

>>22741305
Funny how Tesla just broke ground on being able to make EV finally price competative and driving range competative, pushing current tech to max efficiency. The biggest boomer EV complaint are PEICE and RANGE and Tesla just fixed this. How the fuck do these tesla fan boys think companies grow?

>>22740938
I think of it as index buoyancy. For index to fall it needs determined selling at high volume most of the way. Melt down on average or less volume has occurred in spots over the last century but it seems to be pretty rare across the last 50 years. In the absence of the required selling pressure, index will melt up or float like so.

>>22741260
What if the purchase price was $175 with life savings? (Not me just curious what ur opinion would be)

>After the crash
Guesses on when? Market still seems unstable with the price swings it gets

>>22741305
Is just a natural cycle, all those fucking ev's are overpriced as fuck including Tesla.
specially Tesla, they're all riding musk's coat tail there is not even a demand for electric cars, most people buy them as novelty not because they take them serious, they're the ultimate and most retarded luxury car

>>22741196
>What have I missed?
cracks have opened. I'm not confident what it means for short term. Crab pending stimulus? Crab pending election maybe? I'm all cash now.

>>22741377
No him but I would hold. Looks bullish right now anyways.

>>22741133
IDK about that one. It hasn't proven to be the explosive 3x bagger as advertised, but at least it still has maintained an upward trend, and you haven't lost money if you bought in when shilled. On the other hand, CCL, other cruise ship companies, and PLAY have been bag holds.
>>22741231
Yeah, that was the one. I remember some RH anon put like 5k (all the money he had) into it. It's bad I forgot its name, considering the fact that I owned some too at one point.
>>22741310
I forgot about the T shiller. Reminds me of the C shiller who said it would be nothing but steady gains with divvies. .

>>22741377
>Buying TQQQ with entire life's savings at $175
Haha, good thing it's not you and just a hypothetical situation, r-right?

>>22741387
I used to uber sometimes and when i would go to rich areas around LA EVERY house had the whole line of cars. It’s pretty weird and gross. Somethig about every house having the same car is spooky.

>>22741377
hold, make other cash on the way down/with another job, buy the crash. i have no idea when the crash happens or when its over. almost doesnt matter. sell covered calls if you have 100 shares

>>22741392
Thats what I thought when it pumped for 2 days (reached about 134) only for it to dump from to like 117 in a day or so

>>22741422
For me i zoom out and that makes me feel better for tqqq

>>22740837
>REFR
>SNSS
>NAKD
>KHC (last year it was terrible)
>All the weed stocks
>Tankers about 10 times
>LCI
>GALT
>GME last year
>BGFV
>AMRN

>>22741414
I wish people would realize the risk of buying a 3x ETF at ATHs. It took 15 years for those who bought the top of the .com bubble to recoup their losses, that is if they held for that long.

>>22741444
THATS ONLY IF THEY BOUGHT ONLY AT THE TOP AND NEVER AT ANY OTHER POINT DURING THE CRASH DURING THE 15 YEAR RECOVERY
NOT TO MENTION WE ARE NOT EVEN CLOSE TO DOT COM LEVEL OVER EVALUATIONS
SHUT THE FUCK UP WITH THIS REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>22741432
Half of that shit fucked me over. Especially lci. I made 4k off lci off the bat and got greedy and lost 5k when it would NEVER pump again. Fuck lci guy honestly. And fuck galt shill too

Can't forget the Bowl America autist who was the only person buying that shit.

>>22739566
Priced in, buy the dip.

>>22740837
>since everyone kept saying buying at ATHs was perfectly fine
My TQQQ and QLD are already in the green, along with my SH.

Unlike my FUCKING uvxy god damn it.

>>22741388
>Crab pending stimulus? Crab pending election maybe? I'm all cash now.
you're often all cash!
But I also have serious concerns about the market and society in the coming days/weeks/months.

Remember when the CARES act passed? Would you have believed me if I told you back then that we wouldn't have the virus under control and congress would not be providing any more relief before November?

Mitch and Nancy first in front of the firing line in a just world

>>22741345
Unless you know or see something I don’t, I wouldn’t desu. I’d wait until there is a clear reversal. Then, buy a huge call. If you want to even risk less you could wait for a trend first as well. Watch for momentum and volume. Check indicators.

>>22741407
Psg was full of nothing but bags even worse than smg
>Gnus was shilled their by that one anon when it was 0.30(he probably made it if he sold at 10)
>mvis
>uavs
>mark
>ktov
>ship
>Tops
>ttnp
>visl
To many to list

>>22741500
>autist who was the only person buying that shit.
Looks like the only one buying in all of america lol

>>22741416
>LA

That's your problem dude, California is backwards retarded,a whole state founded by clout seeking, virtue signaling attention whores.

Is like living in a Hollywood set with a bunch of fake as actors, you couldn't pay me to move to the shit hole and please do us all a favor and stay there, we don't like your kind around here

So why is everyone doubling their money on election gambling? You can double putting money on trump and triple money on thinking Rs win Wisconsin or Michigan(my favorites)

>>22741507
i knew from the beginning that this 'crisis' would be perpetuated until november 4th. i sold nothing, bought the dip, and will buy the dip again. this is entirely tied to defeating Trump, once he loses, the 'pandemic' ends, end of story.

Going to put a grand into RKT tomorrow bro’s

Unironically big CLIS. Moon mission very soon

>>22741516
Damn that shit is stable though. Corona fucked them up though. Might actually be a good buy now kek

>>22741432
>>All the weed stocks
I remember weed doing really well
Canopy growth I remember did very well and I didnt buy in slightly regretting it.

Someone do a DD on fucking oil please, I am afraid is going to bounce with out me

>>22741530
>this is entirely tied to defeating Trump, once he loses, the 'pandemic' ends
nah

>>22741516
Kek 0 volume

>>22741513
Early /ptg/ was GOAT, I made a ton of money off UAVS, MVIS, GNUS, MARK, FRSX, IDEX, EMAN, KOPN. When all the tourists invaded it went to shit along with the rest of the board. The tanker idiots imploding killed their containment thread and their poor strategy leaked everywhere. RIP penny bros.

>>22741467
Just because you keep telling lies to yourself doesn't make them true.

>>22741538
Actually fuck I forgot about CRSR. Think I’m going to take the gamble, fuck it.

>>22741590
NOT AT $0.5
NOT AT $1
NOT AT $1.5
NOT AT $2
NOT AT $5
NOT AT $20
I AM NEVER EVER FUCKING SELLING MY MVIS! DO YOU FUCKING HEAR ME? NEVER!!!!

>>22741561
please market buy bowl america

>>22741620
>linear scale
thanks for outing yourself dumbass. if we continued at the july to august rate on the nasdaq for another two full years you would be correct

>>22741583
They're already changing all the definitions on the covid web page, instead of being air born now is airosolized, is no longer passed from touching infected areas and they're lowering the Hazard it creates, we're almost at full herd immunity, sweden never shot down and they're fully operational now.
This was a literal Chinese attack on the economy on an election year.

They won't even talk about covid 19 if Biden wins, they won't shut up if Trump wins and re opens everything

>>22741646
Lmao good times. The conference call was glorious. UAVS conference call was the best when they started talking about weed farms being all their business.

>>22741590
I lost the most money on penny stock gambling because I didn’t know how to properly play pump and dumps.
I was supposed to play like a game of hot potato.
Now I love pump and dumps byfc and solo were good ones

If I ever /makeit/ my house is gonna have a 1 lane bowling alley in it.

>>22741513
Totally forgot about MVIS and UAVS. If I remember correctly I think some state government pension fund in Michigan, or one of those cold states, bought 4+ million worth of MVIS.

>>22741522
I feel you man. Always lived outside LA, over an hour drive even without traffic, thankfully. Sometimes I’d get long drives that pay a lot and I’d stay in town for the day.
It’s a total shithole and the rest of CA isnt much better. People are shit. White people in Cali are basically what niggers are in the south no joke. Even doctors. I am home 99.999% of the time and thanks to the weather can grow literally whatever i want which is a nice bonus. I tried a few years ago to get a job here in my field but no one hires white competent workers here apparently and only hire “who they know”. A degree means shit and being jamals cousin is hired no matter what. Hawaii wasnt even this bad. Been working at home since I have been here and made it work in other ways. Luckily in a short few years I have 130k equity in my house, prices have rocketed here and my area is growing crazy fast. When I save enough and make enough here I can just retire in other states. Shit is expensive as fuck here. Not a bad idea to “make it” in places like Cali and then dip out. Highest IQ people do this on average. No one smarter than rural people going to cities then back to rural areas. They fucking know.

>>22741646
Oh I remember this 14k anon could of actually profited if he just would of listened to the other anon telling him to wait till august.

>>22741688
yeah I understand the theory
I disagree

>>22741676
Apple has more than doubled its market cap since 2018, but its sales have been stagnant over that period. Your precious tech is already wildly overvalued. Thanks for outing yourself as a retard.

>>22741665
I remember the guy always saying that no matter what happened to the company they owned more property than their market csp or something like that. Maybe smg should revisit the classics and see if “we” can make our money back

>>22741513
lol SHIP is th ebiggest piece of shit. It's down like 98% this year or something and is back to 42 cents even after a reverse split

>>22741714
Yes psg was actually pretty good with autistic dd

>>22741507
Being all cash every once in a while is just nature of the beast of swing trading. If i don't have a good feel on anything i don't trade anything.
>Mitch and Nancy first in front of the firing line in a just world
Yes please. They are interfering with the golden bull. That is not a forgivable crime.

>>22741760
So was /tsg/. But their DD was proved to be for nothing in their case.

>>22741751
you have apple and you have tesla. if you think those two memes (and really tesla is the only meme here) being overvalued based on speculation is enough to bring about dotcom 2.0, then sorry, you have double outed yourself

Gamestop had a bull run 2004-2007 and peaked long after both the 360 and ps3 were released. Actually, it seemed to peak right when the 360 arcade released... in 2013 there was a bull run the whole year but it crabbed from august to christmas... idk lol

Also why is it everytime I try to post in these it’s almost full fuk

>>22741590
I have tried to bring it back, but everybody gets virtue shamed back in to this shit threads full of fucking tourist from around 4 chan.
Kpop faggots, weabo cunts and wignats from pol all over this threads

Let's bring ptg back god damn it, it was a fucking gold mine, clsk was the last stock to be shilled there at 2.40 bucks 3 months ago, now running at 13 bucks a piece, have done nothing but to lose money in this threads, they're all retarded

>>22741812
That's a nice looking omelette.

>>22741812
protip: ditch the onions and put in olives and pickled jalapenos instead. Best omelettes possible; your neighbors will be jealous!

>>22741808
>Also why is it everytime I try to post in these it’s almost full fuk
What did he mean by this?

>>22740927
Don’t worry, no one is really that excited for Corsair and worry they’ll go back to not making profits when things open back up.

Just woke up. How did Tesla do?

>>22741804
It's literally every company that has been labelled momentum and growth for the past decade. Apple is just the flagship of that type of investing and TSLA is a microcosm of that momentum-and-growth-speculation type investing. TSLA is an example of what happened in 10 years, but condensed into 6 months.

What does everyone think of SNOW. I got in around $224 i think. Just got one share, idk why but it just seems like something inportant

>>22741910
I like your jalapeño idea. Sounds tasty but I’d have to keep onions bc they raise test and I’m not big on olives unless it’s olive oil. I’ll try it but I’m leaving the onions though.

>>22741920

>>22741920

>>22741808
So 10 bucks is the peak of this shit stock, hopefully it'll fucking tank back to 5 bucks in the next days, I new to renew my pink wojak folder

>>22741983
14.68 with inflation so maybe that’s the top we see. But we also have gamestop”.com” so this shit could hit 20. Buy under 10 sell over 16 is my opinion

>>22741956
Carmalize/sweat/etc. the onions first, set aside, the put them in your dish.

>>22741570
Either the saudis/opec manipulate it, or your waiting until next year through 22 for oil to rebound above 50

>>22740255
Nope. Real estate is going to blow up again. Retards at the fed playing with shit they only have a trivial understanding of are going to cause a much more severe crash just to be able to indicate they did everything they could with this one.

I expect but I don't forecast another variant of '08.

piece of shit nasdump

>>22742124
Real estate will probably be fine, more likely price will keep going up

>>22742057
Nah, I am good, I am not buying the top again, some times you got to accept when you missed a good thing, I'll buy the next pump tho.
I fucked up on this one, 10 bucks is already too rich for my bones, if it takes back to 8 I'll buy next time 10 bucks don't give me too much room for error

>>22742120
Gush is at 24 bucks, it feel there from 33 bucks last week, I don't think it can't go any lower,

>>22742217
bro....

Any Australian investors in SMG?

Is Appl going to drop again? Or is this the time to grab some?

/biz/ I am a retard, I just started investing in M1 with an expert pie and it turned out it had one stock of an MLP, I held that for 1 week, and sold, the MLP was a small percentage, thankfully, like, 0.19 shares bought and sold.

Come tax time will I have to deal with K-1 hell or is there a chance it will come up blank and I can ignore the document they send?

I always ignore all the tax documents from individual stocks that I get mailed
just send the brokerage statements to your tax people and it will be fine

>futures

>>22741414

>>22741417
Any time frames for your guess on when it may start occuring or if it's lilely happening as we speak. Markets been rather unstable these last few weeks imo

>>22741444
Does it seem risky to go in right now,

>>22742124
Timeframe? On when it will likely happen and how low stocks will go lilely go?

WHAT THE FUCK WAS THAT

>>22742562
>muh futures
Nasdaq just gonna be deep green again after 1pm

>>22742589
>futures

Short TSLA at opening?

>>22742698
no

>>22741941
IPO's have a trend where they increase a little bit and then fall off for a long period before they see growth again.
I would be buying puts for the long term if anything.

>>22742760
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>>22740220
if by DD you mean reading smg for a week and a half then fuck yea i did my DD!

>>22740883
why the fuck does anyone care about NAK? Permit denied, Trump opposes and democrats historically oppose. CEO caught on tape bragging about buying the governor. Why would you do anything but short to fuckin 0. Fuck you guys short short short Nak