/biz/ - Business & Finance

tqqq long hold?

please discuss, good idea or bad? is "decay" really that evil?

>>23382172
pls give thoughts

First for TQQQ being the best long hold.
Prove me wrong you cucks.

Any predictions for what will happen with big tech earnings this week? Will they continue killing it for a year or two? Any thoughts on Tesla? UPS?

>>23382200
everything online says "decay" and "it will crash to zero"

Fuck, should I sell my NIO while I'm still ahead? I think it can still go up quite a bit, even if there is short term downside

>>23382194
They already have that it`s called steam. And if you don`t like valve they already have GOG.

Gamestop is dead. It`s dead because consoles are dead. Microsoft, and sony and sega and everyone but nintendo gave up on them.

So now that the stimulus has been killed for good what are your plans for tomorrow? Me, I might just raid my savings one last time to re-buy my Apple stock if it epic dips.

>>23382209
They do great but not 10x great
Imo this week will be hilarious and GME will rise

FOREX tard here, if you guys don't believe here's all the plays I made fake money with

>>23382194
GME doesnt have to do anything crazy like buy out some shitty cellphone stores
they just have to improve on the basics for now, not some retarded shit like trying to compete with Steam or make a new console or vaccine

they do sell digital PC games but it really should not be the focus right now, it would be fucking retarded with the negative sentiment and low employee morale it has currently
focus on the basics first

I bought some BAC and some AMD. how long am i gonna have to wait before they go up again? cause im sick of trying to time the market, im just DCA'ing in during the dip and holding. what are my odds?

>>23382248

>>23382192
Depends, do you honestly think big tech will just magically stop it's aggressive expansion over the upcoming decades and will suddenly cease to have a huge hand in our government? If yes then don't buy TQQQ.

>>23382200
good luck with bear market
>>23382209
earnings won't be wow, but they'll be better than most others outside of tech.

>>23382248
Yeah I’ll have a Big Mac with fries thanks

NAKbros...

>>23382260
Yeah I'm not talking like, next 6 months. I'm curious what the long term plan is.

>>23382192
volatility decay for leveraged etfs is a meme
http://www.ddnum.com/articles/leveragedETFs.php

I'd be more concerned about how much growth is actually left in FAGMAN. Apple for example went absolutely parabolic since corona-chan despite no fundamental reason for it

>>23382209
Both presidents are making a campaign on calling tech Big tech like amazon and google and facebook pieces of shit. On the other hand the tech sector is the obly vibrant product the us is producing anymore. We don`t make industrial products anymore we make tech. Expect it to drop for a year i think. Maybe two, then it`ll recover.

>>23382282
>child labor

Bullish

EVERYONE IS POINTING AND LAUGHING NOW. BUT MY DAY WILL COME. MY BAGHOLDING WILL PAY OFF.

>>23382239
A literal global shutdown annihilating all industry and jobs could not defeat TQQQ.

"Decay" is a mathcuck's concern about a proper reward-risk ratio without the Chad's understanding that there is no risk when you bet on "line go up in end."

TQQQ is the most powerful stock reserved for only the most alpha of investors, with hands of purest adamantium. Anything less, and it will destroy you.

>>23382274
yeah thats more my worry. the last 10 years of tqqq chart are not typical. if the Dems win and we get big tech under a microscope i wonder what will happen to it. might 3x SP500 be a better choice in that case?

>>23382286
Apple is crabcore but in the grand scheme MSFT, AMZN and Google are just getting started.

>>23382316
Congrats, your entire portfolio is a meme

Any anons have price expectations for SBE? Just want to know what I should realistically be looking for here.

>>23382316
damn nigga why don't you just keep your money in cash instead of investing in hot garbage lmao

'ate tech
'ate growth
'ate gains
'ate china
'ate nothingburgers
luv burgers
luv me oil
luv me AMC
luv me AAL
luv me divvies
I can wait 20 years.
When I see big gains, I say to meself "WHOA NELLY, SLOW DOWN NOW"
Always a special place in me heart for the king of beverages
*sips*
SIMPLE AS
___________________________________
Proud supporter of YOU'RE 45th President
USMC 1981-1981
Mall Security 1981-
All I need in my life is my hog, my dog, and my beer
-Sent from my iPhone

I think I'm shit at position sizing. If you have say 10k cash whats the most you load per buy? The 2% rule seemed decent when I tried it.

I keep trying to time the bottom of a dip and failing.

>>23382285
improve their collectibles section so they actually have these shit in stock. Seems like scalper bots are just buying their low-stock anime figs instantly. They seem to be having trouble stocking western shit too

expand on gaming PC parts/pre-builts and compete with bestbuy on that. Newegg is not casual-friendly so im sure they can grow into this niche against those two

>>23382316
Dude just send money to me if you wanna fucking burn money.

Buy NAK

>>23382331
everyone of alphabets expansion schemes has been a failure, from google plus to google glass, and they have an increasingly negative reputation.

amazon in consistently losing e-commerce market share right now, as people get sick of the wish.com shopping experience. there growth is slowing

Netflix is about to get nuked once the reality of how popular their "original programs" actually are sets in

I'm bullish on AMD, NVDA and MSFT though, but most of FAGMAN is kinda going to shit

>>23382316
by the time you've made +10%, SPY would be up +50%
what's the point

you need to learn what opportunity cost is, and what value traps are

>>23382316
its okay anon, in the next 4-8 years the U.S. will bomb yet another country and oil will spike again.

>>23382418
Listen here, sonny. You best not be insultin' the BIG GREEN WADS
You wouldn't like me when I am angry.

>>23382192
Stick to QQQ if you can't even look up what leveraged ETF mean in investopedia. Fucking retard

>>23382442

AMZN or BABA?
BABA or FXI?
ARKF or KIE?
Oil or Nuclear?

>>23382286
>decay is a meme
no its not

>>23382330
Why would democrats interfere with tech monopolies helping them?

>>23382277
>"But line will go down!"
Silence, cuck. Line always go up in end.

You could have literally bought TQQQ at the worst humanly possible time this year and you still would outperform SPY, and with adamantium hands, you will only deepen your inevitable victory over the market.

You think this would be so different over a 5 year period? A 10 year one? 20? Nonsense. The only hedge you need for TQQQ is more time. Line always go up in end.

>>23382316
LUV is the only decent pick in your port.

>>23382451
Nice collection of retard images, stay poor.

>>23381660
I think the choice is clear

>>23382408
I don't even give a shit about Amazon's commerce side of things, money pit. AWS is why I remain bullish. Microsoft continues to aggressively expand with Azure just to keep up. I agree people will stop giving a fuck about Netflix soon enough. Every legacy cable channel now has their own streaming service. Netflix will soon be squeezed out.

>>23382455
GME

>>23382491
>AWS is why I remain bullish
So many people just don't realize how much of The Internet runs on an AWS server now, and companies are continuing to roll their legacy infrastructure into AWS. Nobody else even comes close to the cloud offerings that AWS provides. The ONLY reason any company uses Azure for their cloud is because they need some kind of tight active directory integration with their product... and that's a shrinking fraction of platforms.

>>23382248
Man, imagine being so young you forgot about Gamestop Impulse, one of the earliest digital distribution platforms to exist.

Why is everything so awful.

>>23382316
When did you buy XOM? I sold XOM at $90 after holding it for like 3 years just to earn dividends. Why would you keep holding it after it hit the ATH?

>WKHS
Bad buy, should've put it all into NBR-A.

>>23382458
no of course it's a real phenomenon, but "ordinary" ETFs are in no way "safer" from it and 1x leverage is not necessarily the optimum (generally the optimum is somewhere 2x-3x depending on market conditions)

>>23382549
why did it fail? also EA is launching a streaming service soon because the bought the jews from gamefly as in they actually snipe away the isreali team that built the streaming portion and gamefly accepted the offer and sold it off for some retarded reason

>>23382316
Just buy Cannastocks:
>IIPR
>GTBIF
>CURLF
>TCNNF
>PLNHF
Then invest in Space stock
>SRAC
Finally go in for the long bomb and
>AMC0o0o0o0o0om

>>23382491
Don't tell them that, I haven't finished accumulating yet.

>>23382523
I've seen the PEGY ratio as well as the ratios between Book, Earnings, and Cash Flow and they look stellar. However, what news has there been that indicates a good future ahead for GME?

>>23382544
The same could be said about Cisco, but their peak stock valuation was in March 2000. Once you become a market leader, future growth becomes impossible (there is such a thing as becoming too successful).

Are you faggots watching Japan rn?

>>23382586
>why did it fail?
no one liked steam either at the start, until TF2 and Counterstrike carried it

>>23382248
Imagine thinking that's the apostrophe key. Sad, many such cases.

>long BTC/GME
>short QQQ/SPY
comfy af

>>23382625
No?

>>23382573
Flat-haters are the worst

>>23382586
>why did it fail?
Gamestop didn't really give a great deal of focus on it. It wasn't bundled as the default storefront for most games, it wasn't advertised with games being exclusive to it or at least being advertised as being available on Impulse on commercials or even within their own stores at the PC shelves, and many games they sold required you to install Steam anyway for multiplayer integration.

>>23382601
I don't believe Amazon will go up forever but it's years away from peaking.

is NOK still a good buy? I have like 25 shares at $4 but I'm thinking of pumping more in.

>>23382648
Nikkei is slightly red. I bet we open red tomorrow.

>>23382625
I can't even trade the Nikkei, why would I?

>>23382680
good, then no stimulus so we get even redder

ALL IN ON AIRLINE STOCK

it's going to be the easiest 4x of my life
guaranteed to go back to pre-covid values (eventually)
Also the possibility that there's a bailout, in which case there's gonna be a huge bump, sell, then buy the dip again after that
thoughts?

>>23382601
It's a fair assessment. However, AWS still has a lot of room to grow. I take it with a few grains of salt, but Amazon's projections show something like less than 10% of computing infrastructure has migrated to the cloud. And at least they keep innovating. With an AWS account I can do something crazy like use a satellite link to rely the results of a quantum-computed value to a fleet of IoT devices, or build out a natural language processor that uses machine learning to predict what people will say in a /biz/ post. The amount of stuff that they do is kind of incredible right now, even if it is kind of useless for boring corporate workloads.

>>23382704
don't you think people have given up on trying to price the stimulus bill in or out of the market?

>>23382701
I watch it sometimes to get a bead on the next day

>>23382707
so smart it won't work, they wouldn't even sign a stand alone bill for airlines so they didn't have to furlough every fucker during holiday season

>>23382707
>Buying airline stocks
Does ANYONE here remember how many airlines went bankrupt in the decade after 9/11 or is this thread really all zoomers? You know only the bond holders will recover anything in a bankruptcy, right?

People not all in GME now are going to be the laughing stock (no pun intended) of fucken smg for the next two years.

>>23382707
You should have bought months ago. I'm up several thousand already in airlines

>>23382707
>What is opportunity cost?

>>23382740
no, people give our government to much credit, where we are in fact a nation of retards, everyone, we should be called the retarded states of america

>>23382750
>$6
>It'll never hit $8 (!!)
>It'll get delisted (!!!!!)

man coom cat is the gift that keeps on giving

>>23382707
>>23382748
Hell, you don't have to even take my word for it, just look at this: https://en.wikipedia.org/wiki/List_of_airline_bankruptcies_in_the_United_States

>>23382635
very interesting I wonder if gamestop would want to insert themselves into x-cloud since its just about to launch the beta testing(microsoft game streaming) because whoever can make a functioning game streaming platform first wins. imagine the ultimate kikery when you can charge people for the service and then charge them more for adding on collections and developer series of games not to own it but to continually rent the ability to stream it and you can upcharge like "extend your rental period for 75% off+100 free game tokens" and "play from an extra 2 devices at the same time for only 25% more" and then half way through hit the player with "just 1 more game achievement to unlock IN STORE credit to use on our app for real world purchases!"

>>23382707
Ahh, a fellow Big Green Wad Hunter
This one
*crack*
is for you
*sips*

>>23382748
>post 9/11 bankrupt airlines
enlighten us

>>23382750
I already missed my $9 buyin, I'm not FOMOing now especially when the bears unironically have good arguments against GME

Spoilers their execs are all retarded

>>23382656
damn they really fucked up at every opportunity so far their new management is doing better it would be cool if they actually pull it off and make a come back and more

>>23382803
the management team and board are new in the past several months though, and they're doing a pretty good job

>>23382680
I prefer YM, ES or NQ but okay

>>23382803
Any day between now and Q4 you are going to witness one of the most glorious squeezes you'll ever see.
And so many people are going to miss out because "its blockbuster 2.0 dude".
Honestly its pretty sad, but then again, if it was obvious the shorting wouldn't have happened so I'm a little thankful for it.

>>23382354
I love boomer posters

>>23382750
Feels comfy man. I've been holding $12 and $15 November calls since September 3rd.

>>23382316
I fell for the oil Jew when starting investing
I could of been sitting comfy and not even look at my portfolio if just bought tech instead.

>>23382803
thats what I said then I bought in at 10 sold the big daily jump then waited and got lucky to buy back in at 12 then again at 13 and now its up again i wouldnt say go all in like I did but some actual fuck it money could go a long way the sentiment is still meh in the eyes of the public it can be switched easily though and is starting to work

All in $NGGR

>>23382753
months ago was right after the covid dip
there were plenty of opportunities then for massive gains
but most things have nearly fully recovered Except for airlines and other travel related stocks
>>23382748
point taken, but that just means you need to be conservative and invest in the most resilient ones
they will recover their losses and Also get all the business of their competitors who have gone, increasing gains even more

>>23382680
US dictates markets and not the other way around.

>>23382267
>no response

damn, did i fuck up?

I'm just gonna dump money into my SWTSX fund starting next year. My other positions are built up enough and hell I've got enough money stashed away in the bank in case "shit happens" (plus a nice fat limit on my credit card) so I'm good on that front. It's kinda funny. I've gone so long building things up and whatnot that I honestly don't got a fucking clue what to do with the excess green starting next year,lol.

>>23382878
You're missing out on tons of other opportunities to make more money. Airlines and oil are value traps.

Lets assume the worst
GME is done and tanks like a cunt
How fast will it tank? A few days? a week?
I want to buy more GME but I want to protect myself. from 14 down to.... 11? That's a loss I can take no problem.
14 down to 4?
Well. I'm not going to be ruined by any stretch but I wouldn't be fucking happy. Any tips to prevent bigly losses? Stop losses and shit only last for a day on my broker

Wkhs 5-50 eoy

A war between Middle Eastern countries would spike oil stocks right?

>>23382779
GME will never go above $14 again

I JUST WANT GME TO SKYROCKET BROS I WANT TO BE RICH RIGHT NOW

OH GOD PLEASE STOP GOING DOWN OPTT AAAAAAAAA

>>23382892
GOOD

>>23382900
Been awhile since someone ran the meme lines, going to need some good ole TA to figure this out. Floor is 13, ceiling is 15 rn though.

>>23382167
No one got into that chink pump and dump kxin

top fucking kek.
makes me want to long GoPro and Intuitive Surgical as well

>>23382911
>911
Oh no

>>23382902
I love Horse but I don't know if I want to touch it anymore, has there been any news of when the contract is going to be announced thats more accurate than after the election?

>>23382194
>GameStop
>not anti consumer
>ever
I take it you’ve never traded in a game at GameStop. Kek. Also, a lot of companies have tried to be a Steam alternative. It doesn’t really work because they can’t provide anything that’s a superior value compared to Steam, so they’re always just a gimped version of Steam. The only way a new platform might be as appealing as Steam is if they do something crazy like have their games constantly at Steam’s sales price. So a $40 Assassins Creed game on Steam that always goes on sale to $5 will only always be $5 on the new platform. You could make the argument that some people are just going to wait for a game to go on sale at Steam to buy it anyway. So why not just sell it at the sale price every day. Only something drastic like that would make them a comparable alternative to Steam.

Can we expect a market crash soon? If that happens GME might actually squeeze

>>23382904
Yes, war anywhere spikes oil.

>>23382750
Lmfao. You are buying a dead ass company bro. Don't fall for the meme

Any thoughts on ACOR?

>>23382960
why would the crash cause the squeeze? lower value on their longs causing margin calls?

>>23382978
USA needs war
Oil needs war
Keep that in mind frens.
I'm not in oil right now, but its good to keep a lookout for any spice.

Huge volume in puts today

we may see covering soon. One of the first telltale signs of Ackman capitulating in his Herbalife bet was going converting the position from shorts to puts
https://www.investopedia.com/news/billionaire-bill-ackman-dumps-herbalife-ending-5year-war-betting-against-it/

I think i might sell some puts tomorrow

>>23382981
You should short it

>>23382981
>dead ass company
>invested in airlines
>an industry that can’t even be kept alive without government assistance

>>23382956
kinda sounds like how Wal Mart is trying to keep up with Amazon with online retail.

>>23382707
>>23382748
>>23382781
And for those too lazy to click the link, here's a list of some you might have heard of:

> United, 2002
> US Airways (fucking TWICE, 2002 and 2004)
> Air Canada, 2003,
> Northwest Airlines, 2005 (dogshit but well known at the time)
> Delta, 2005
> ATA, 2008 (maybe a noname but I still have headphones from them)
> Frontier, 2008
> American, 2011 (2008 got 'em I guess)

... and this doesn't include a bunch of small fry I didn't mention.

You think any other than maybe like 1 big guy will make it out of this? The passengers might come back, but that debt's not going away (unless they declare bankruptcy to get rid of it lol). And by the way, even if you do manage to pick the one that survives, >>23382878, what makes you think it will outperform, and that you can time pulling out before the next geopolitical crash?

Airlines were never a good investment, Buffet was right the first time.

>>23383008
shorts are loans, so they require collateral
If the rest of the market is tanking, the collateral of whomever is the big short is probably losing value, increasing the potential for margin calls and eventually liquidation

>>23382956
>I take it you’ve never traded in a game at GameStop.
when was the last time you've traded in anything?
you're calling the only vidya retailer that actually supports a used games/consoles market anti-consumer, that's funny

I need the market to open so my life has meaning again bad

>>23382978
So you’re saying someone could invest their life savings on oil. Get on Twitter and make like a hundred sock puppet accounts pretending to be Chinese and hurl insults at an orange twitter happy president calling him a micro penis cuck and torment him until he drops a nuke on China and starts an international war. And they would basically end up obscenely rich once their oil stocks go up?

>>23382956
i also use the EG store. but i only ever bought borderlands 3 from them because i wanted to play it when it first came out and they had special rights to it at the time. other than that i've just been hoarding the free games they give out every thursday. idk how sustainable of a business model that is, but i'll take it.

>>23383053
I wasn't sure if big boy institutional investors had to play by the same rules. delicious.

>>23382167
Let’s say the legendary short squeeze on game happens this week.
Would the shorters buy the weekly calls or the jan 2021 calls.
I don’t wanna have a 15 strike call when gme hits 30+ and can’t sell it while it squeezes.

>>23383053
a bad enough crash would be bad for GME

shorts would be covering while longs are panic liquidating their shares, end result = price stays flat while short interest decreases massively. See february and march in pic related

So if QQQ closes red, you should buy TQQQ to sell at open? and if QQQ closes green, you should buy SQQQ to sell at open? right?

so tqqq long hold is perfectly do-able if you can master the diamond hand hold?

>>23383096
I've actually been wondering about this lol. would you just exercise it and then sell the shares manually?

ACI to the moon

>>23382960

We had the crash back in March if (((they))) crash the market this close to Christmas it would be the last thing those kikes do and they know it.

>>23383051
The passengers already came back. I just came off spirit airlines from lax. Airplane was packed. Lines everywhere inside lax. People don’t care about covid anymore.

>>23383077
Do the same with pictures of Mohammad.

>>23383077
Nuclear war isn't going to leave anyone left to enjoy all the money, but shy of that, yes.

>>23383091
I mean the big boys definitely get favorable rates and leverage ratios, but if Justin says they're paying 30% APY borrow rates I believe him

>>23383091
not exactly. look up the Piggly Wiggly short squeeze

I see the 3x leverage Chads are in the house tonight

>>23383102
yeah, but everything short of a second lockdown is great for us. that's extremely bullish

>>23383096
I set my GME calls to sell everyday for $100, which is $10k just in case the squeeze does happen, I think that's a reasonable premium target

>>23383020
>Ackman had expected the stock to tank further over time, enabling him to make a windfall through a short sale. But the strategy backfired after his nemesis, billionaire Carl Icahn, took the opposite position against Ackman, eventually building up his stake in Herbalife to 26%.

holy fucking shit carl ichan what a fucking legend

>>23383106
I bought around 10k of TQQQ in February and lost around 6 grand. I lost thousands in a matter of days. I wanted to pussy out so many times but I maintained steel hands and kept going. I'm now in the green. Do with this information as you will.

>>23383091

They got more tools in their kit and aces up their sleeves, but their main concern would be liquidity and not the price spiking up all of a sudden.

>>23383141
you realize there are more risks associated with leveraged ETF's than a normal one, right?

>>23383141
never post this retarded shit again. shilling leveraged etfs is fine, but this such a dishonest chart

>>23383128
A "limited" nuclear war with only a few sub-1mt warheads thrown around at military targets would be not be a total world ender, probably comparable to the damage/cost of a major hurricane (think katrina/sandy) or earthquake.

a total nuclear war between say, the US and Russia or China would be a nasty event tho. once you get the counter-value targets being hit then you are looking at Armageddon type stuff.

t.

>>23383158
their feud on TV was epic while this was going on

>>23383172
how much are you in the green? was it worth it to you to maintain the steady hands?

How do I figure out a stock to trade using a screener tomorrow morning

>>23383131
who is this guy?

>>23383204
finviz.com

>>23383116
Why?

>>23383184
heh, my research group is doing a major project with you guys and Im trying to spin it into a job offer.

As someone on the inside, how bad is the diversity shit that was leaked recently?

>>23382678
It just fucking crabs. Whenever it goes over 5 it just go back down to craaaaaab.

>>23383125
>anecdotal evidence
>not realizing a full plane could just mean fewer planes in the sky
I'm not even trying to FUD, I'm just trying to save you from losing money

>>23383046
People will always fly for travel.

Literally no one buys physical copies of games anymore and direct to consumer options exist for the console.

GME is dead

>>23382200
I won't simply because I bought today :(

Sorry bros, I bogged us again

>>23383175
>>23383180
Nice try kikes

>>23383206
dolphin who's dd we've been mooching off
also probably single-handedly caused last Thursdays pump to $15

>>23382936
going all in on CUK.

>>23383184
Only a fool would think a limited strike wouldn't turn into Armageddon.

Bros... Are my TACO shares gonna be ok?

>>23383190
i just love that bill ackman was actually right about it being a ponzi scheme:
>On September 27, 2019, the SEC announced that Herbalife has agreed to pay $20 million to settle charges of making false and misleading statements about its business model and operations in China between 2012 and 2018. The company did not admit or deny the charges but agreed to the settlement terms.[121][122][123]

like, his FA was solid and under normal circumstances, he probably would have been able to make a lot of money from being correct. but carl ichan was just like "naw". God i want to make it just so i can do that to some asshole like ackman some day, what an epic thing to do with a multi billion dollar fortune.

>>23383240
lol

stay poor while lucky retards here keep getting richer

>>23382316

>>23383065
$175-$200 for a current gen console is a terrible deal. This gen’s console cycle has been much shorter than the others before it. And the graphical/technological leap between current gen and next gen has been the smallest. Basically a PS4 in the first three or so years of the PS5’s lifespan is worth much much more than a PS1 during the PS2’s first three or so years. The price their offering is an absolute rip off.

>>23382936
>I was wrong
>here's why I'm doubling down
They never learn.

>>23383279

You’re fucked. You invested in something called TACO and it’s not even Taco Bell.

>>23382647

flat is garbage.

>>23383281
it's like "okay i have billions of dollars, what should i do with it? should i feed the hungry? build some hospitals or schools? help forward scientific progress to help all of humanity?"

"NAW FUCK THAT, FUCK DIS NIGGER ACKMAN FUCK HIM I DONT CARE IF THIS COMPANY IS RUN BY SATAN HIMSELF IM POOOOMPING THAT SHIT MOTHERFUCKER. FUCK THAT BITCH!"

it's just so hilariously petty but on the level of billions of dollars. "your short won't work, literally because of me, singlehandedly. fuck you, AND the horse you rode in on."

>>23383281
That whole situation is why I"ll never short a stock. You could be 100% right on everything and a single rich retard will blow you up.

>>23383206
the closest thing /smg/ has to insider trading

notice this was on october 13

>>23383330
I bought the hare dip today. I know I'm gonna be holding for at least a week.

>>23383106
what does his mean?

>>23383281
many short thesis dont come to fruition. Muddy Waters recently released a report on Nano X imaging at $24/share. not going well for them so far

>>23383279
I told you the other day not to do it you fucking retard

>>23383196
No nigga it wasn't worth it. I should have bought high and sold at $40.
The truth about TQQQ is that you'll likely make gains, however you might lose fucking everything. Don't listen to anyone saying to 100% into it. Right now I have around 10% of my folio in it but over the next year I'm planning to up that to around 15% to see what happens.

>>23383357
Well you know what anon, I didn't listen. Now I have 200 shares at $7.93.

>>23383213
Yes but how do I know what is a good stock? What will go up or down, I use MACD too. Does that help?

>>23383370

How do you personally feel about that?

>>23383153
Problem is the volume it would suck being up 100k and seeing all your gains go down from their till you are left with a measly 10k because you couldn’t sell the top.

>>23383385
Finding out what a companies debt to equity ratio is, is a good start.

>>23383370
You can either hold or sell, I personally try to cut losses early and move on to something that will make me money but I know there's people here who will tell you different

It's a matter of preference I guess

>>23383399
I feel like I'm gonna be laughing last. Also nice digits

>>23383281
The thing Ackman underestimated was just how many people legitimately like their products. Ichan jumping in wasn't the only reason Ackman got BTFO. Ackman is a hack anyway.

>>23383411
Their ER wasn't bad though. I feel like this was an overreaction and it will correct shortly. I'm gonna hold.

>>23383229
honestly i didnt know about the diversity leak thing until i read it on 4chan. this is a big place with lots of areas/divisions that dont interact a whole much.

>>23383401
the premium for each call would need to be $1000 to net you 100k per, and I don't see that happening

>>23383385
Directional movement index

>>23383240
I’m not denying people aren’t gonna use airplanes anymore. Why would I give money to a bunch of companies that have pretty much never produced a positive EPS?
>B-but I made several thousand dollars investing in airlines
You could have literally put money into any fucking stock after the crash in March and made money, so don’t even use that as an argument.
>Literally no one buys physical copies of games anymore
I can’t tell if you’re trolling or retarded. I can’t believe I even wrote out this much when you have 0 idea about anything you’re talking about.

>>23383286
Sorry that reality hurt your fee fees

>>23383420
true, but a rich hack: https://www.youtube.com/watch?v=PejJZIlqRQE

i saw this shit live, man. it was legitimately terrifying when it's real life: https://www.youtube.com/watch?v=FItEjc6VtuU

>>23383229
I worked for one of the largest private govt contractors in the world. They put on the facade of diversity and inclusion, but in practice that means every 50+ year old white manager picks a token diversity hire to mentor so that his/her picture can be plastered all over videos and websites, but in reality the office is 90% not minorities

>>23383439
Not with just 1 call with multiple like 100 calls worth 10.00 each.

Buy, sell or hold before/after election?

>>23383312
>$175-$200 for a current gen console is a terrible deal
you get like what, $50 more if you go through all the hassle of selling it on craigslist
if you can't understand why just going to gamestop is a good deal for people who don't want to go through that hassle and risk, then you need to learn what opportunity cost is

regardless, the fact that you think it's anti consumer is pretty retarded. No one is forcing you to sell your games or consoles to them, the fact that consumers even have a choice is pro-consumer already

go ahead and sell your digital games if you'd prefer that

>>23383455
im not the one who didn't missed out on an easy +100% dumbass

>>23383492
who do you think will win

>>23383096
Concerned about this as well. If the squeeze takes the form of a spike, it'll be impossible to sell my calls. The squeeze will hopefully be protracted growth, leveraged green days all the way up to $25-$30.

Holding TMF is a hedge against a crash but what about a bear market? The TMF play was after the crash because people thought there might be a second crash but now people are more confident in the market so TMF lost its utility for the present. Is this right? I feel like holding TMF at this point is not needed.

Juice gives me diarrhea how do I short orange juice?

>>23383476
then set that as your sell limit each day so you don't have to fuck around with it during the great COOM

>>23383533
kill mexicans in minecraft so theres no one to harvest orange groves anymore

>>23383533
Short FCOJ-A

>>23383533

Stop buying juice and encourage others not to?

>>23383513
>$25-30
go look at OSTK
we're hitting $20-$30 organically on the run up to Q3 before squeezing

>>23383524
The only 'play' if you could forecast a crash is cash. Every asset declines in a bear market: commodities, precious metals, bonds, crypto. Every single one goes down. This is because instutions must deleverage to survive, which means they sell everything to remain solvent.
What happens when these institutions sell everything is they are effectively short all assets and long the USD. Cash was the only asset that did not have a negative correlation during the crash.

That being said, you will never time a crash to justify sitting in cash. People sit on cash because they don't have the risk tolerance to take on positions, anyone who claims they can forecast a crash or major correction will end up poor.

>>23382956
dont gamers complain about steam? is it enough to make competition or just people wanting the perfect ideal everytime

>>23383565
Please don’t buy juice people, it will give me diarrhea if I ever come over to your house and drink a glass. Explosive diarrhea, almost exactly five minutes after drinking it, every single time. We’re talking side of the toilet bowl up to the seat and back of my ballsack covered in shit spray diarrhea.

>>23383020
more puts buying in the dark pool

>>23383360
The only thing you actually need to do fine with leveraged ETFs is identifying and riding trends.

>>23383585
>dont gamers complain about steam?
Gamers complain about literally everything.

>>23383585
People complain about Steam, but the alternatives equate to drinking industrial grade solvent

>>23383585
No they don't. Steam is godlike and owns the game distribution market. Gme is a pnd meme

>>23383543
Love this cat

new to options
if I want to protect against sudden crashes by using puts, what should I watch out for?

>>23383617
tech trend will last the forseeable future it seems.

also, wouldnt the 3x SP500 cover another part of the market taking off

>>23383572
Just trying to be level headed anon. Whenever I start dreaming about gains I trade like a retard.

>>23383656
I don't mean that LONG term trend, obviously it only goes up for tech.

>>23383513
>it'll be impossible to sell my calls
im sure there will be an algo bot buying up your options for arbitrage if you sell it at market

also short sellers will be desperate for your calls

>>23383440
How do I use this though?
>>23383402
That's more long term though, right? Also, GME has above the optimal D/E Ratio

>>23382243
A 40 billion market cap Chinese stock with no earnings. What could go wrong?

Is the market going to fall during election week?

>>23383601
What is the dark pool?

>>23383601
Why are people buying puts if this shit is gonna moon? Also, why would Ackman buy puts when he knew he was fukt if he was already short a shit load of shares? Wouldn't all that buying to cover drive the price up? Genuinely trying to understand.

>>23383691
dead pool's brother

>>23383684
I don't know, but what I can tell you is that the VIX is going to spike mega bigly and when it does I'll be selling calls

>>23383697
Kek

>>23383334
No. Flat is great. Flat doesn't have anything to get in the way if you want /sp/ and /out/, or even /diy/. Flat means that the outfit as a whole doesn't have anything to work around for /fa/. Flat doesn't get to go through life on account of looks, so they have to make something of themselves by posting in /smg/ and buying every dip.

>>23383696
puts have an advantage in that they're not a loan and they provide "cheap" leverage. If you're convinced that you're right, but the market is "staying irrational" longer than you're staying solvent than switching to puts makes sense as a fallback

also note the highest volume is in deep ITM Jan 21 $16 puts. could be planning on closing out then catching the wave back down

alright GME coomers riddle me this...
how much would you have to make during the great squeezening to be satisfied? let's say GME goes to 50, i'd have made 75k if i fully liquidate all my options and stock (and that's assuming that people exist who would actually buy my calls, another issue).
That's really only one year's salary. That's not enough to have made it, even. How much are you all looking at?

>>23383696
funds make mistake all the time, the one suspect people believe are short on GME is Melvin Capital since their 13F declared 34,000 GME puts on their 6/30 filing
all worthless by now

They also had puts on BBBY, BBY, and DDS. Hedge funds make mistakes too, no one can tell the future

>didn't fall for the TQQQ SQQQ meme

>>23383462
I did too it was fucking pathetic. This man went on air and pretended to cry and put extra fear in the markets and talked them down during a full-blown panic. CNBC are equally as bad for letting him go on and on without countering anything he was saying and they never did. That faggot had shorts on while he was doing that. Should be illegal. Then he switched and went long after saying some stocks would go to zero. Fuck that faggot.

>>23383783
I would have made $150,000 assuming it goes to 50.

>>23383334
No. Flat is great. Flat doesn't have anything to get in the way if you want /sp/ and /out/, or even /diy/. Flat means that the outfit as a whole doesn't have anything to work around for /fa/. Flat doesn't get to go through life on account of looks, so they have to make something of themselves by posting in /smg/ and buying every dip.

>>23383783
i only make 90K if GME goes to 50, but at least it's tax-free for me and it's a good start to make more tax-free gains since contributions to this portfolio are limited annually
wish i wasn't a poorfag student so i could have put more money into it, but at least i'd graduate debt free if it does squeeze

>>23383783
I'm looking at 100k - 150k on a ~4k investment if it goes somewhere to $50-$80

that's a pretty good start towards buying a house when my lease is up in August next year.
Though as my confidence in the thesis grows I'm poomping more money in

>>23383791
>>23383462
There should be an overarching lesson from this not to trust any billionaires. Every word from Ackman's mouth is precisely calculated to favor returns on his portfolio, the same is true for every executive and fund manager. People that quote Buffett and Bogle are just as foolish as the ones that thought the world was going to crumble after that interview

>>23383806
>90k
That's a good take, would you be satisfied with that? If i only make 75k i'd probably be kicking myself for not breaking 6 figures like this coomer here. >>23383792

I'm not even close to all-in yet, I could reasonably do it.

>>23383783
GME is the new TLT and goes up when SPY goes down due to margin liquidation

Buy LULU at 340, or will long end of the rate curve rising crush them because they’re P/E is like a tech stock?

>>23383334
>>23383794
While nonon is best girl, basing your decision off breast-size alone is an indicator of shit taste.

>>23383783
~1.2 Million if I was able to sell all my shares and options.

>>23382647
>anal-haters are the worst
FTFY

NO STIMULUS
>NO STIMULUS
NO STIMULUS
>NO STIMULUS
NO STIMULUS
>NO STIMULUS
NO STIMULUS
>NO STIMULUS

https://twitter.com/SenSchumer/status/1318322051690733569?s=20

>>23383832

Buffet keeps it on pretty vague “wellllll I just buy low and sell high and hold forever” is all you ever get out of him.

>>23383870
Stunt. Dems don’t have the votes to adjourn. Reps aren’t doing that until Amy is on the court.

>>23383141
based and triple x leverage pilled. Nice to see the kikes seething over it

>>23383783
Right now I'd stand to gain about $30k give or take if it went to $50 which I would be more than happy with. My goal is to make enough capital to be able to make a living day trading and I see GME as a very big stepping stone toward that.
t. poorfag

>>23383834
not really, but it's a start
i could start writing options for AMD or something

>>23383870
excellent news!

>>23383783
>not realizing it would be a rat race out and the dump will be as quick as the pump from the squeeze

>>23383783
$50k for me if it goes to $50. I'm currently a semi-poorfag but no debt so this amount would be life-altering. I'm adding some more long calls with my next paycheck, wish I could have got them earlier.

>>23383832
I agree for the most part. I don't put much stock into what active fund managers are doing. Buffett at least lets his moves do the talking.

>>23383783
75k may not be enough to make it but it's a fucking huge step in the right direction if you don't squander it

>>23383924
That depends on what kind of squeeze it would be. It will only dump hard if it’s an aggressive spike. If it continues the current pace there will be ample time to sell. Just don’t get too greedy.

>>23383904
>>23383853
>>23383792
>>23383806
>>23383825
This is just like George and Lennie discussing their dream of owning a farm in Of Mice and Men

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>23383853
>1.2 mil
based and coom pilled
do you think you'll realistically be able to unload all them calls?
>>23383910
>>23383929
>>23383943
seems like most of us then are not trying to cash out but just to get a major W, eh? I want to be able to do that and sleep well at night knowing I squeezed as much blood from the shorts as I could, but like >>23383944
says, being too greedy could backfire

>>23383951
Take note anon. This is how you determine real price targets. Observe what the dreamers believes will happen, and sell before he wakes up.

>>23383951

Yeah these fucks are delusional. Counting chickens before they hatch..

>>23383944
>Just don’t get too greedy.
Haha, people are already thinking they hit jackpot and planning what to do with the gains that can't even be considered 'unrealized'. I don't anything against GME but I can already see so many people gonna choke and screw themselves over.

>futures blood green

>>23383976
>>23383980
They are responding to a question with a specific price, and most seem doubtful we'll see that price.
But go head and keep strawmaning people to feel smug, it's a very productive hobby.

just put all my money on trump winning on predict it you better be right

>>23383862
Honestly I could have done without that part of the story. Emi is just too pure.

>>23383844
I can't say that there isn't something subconscious going on, but you made me look, and it seems that I do often find that the best girl is flat. Or flat-ter. I like my taste anyway.

UAVS
>UAVS
UAVS

I would only get about 10k if gme went to 50 and I sold everything there. Nothing compared to you anons but at least I'd have a 5 digit account.

>>23382748
This time, we’re going to get some real duopoly type mergers.

>>23383999

Nigger you’re posting pics of ugly cats. Don’t ride me about my hobbies.

>>23383999
Mr. Coom Cat I have multiple calls on GME but I am just being honest. What people dream up as a price target is an easy way to tell when a good point to sell will be. In this case the common $50 dream indicates $30 will be the optimal price to check out at.

>>23383794
nono has bigger tits than that faggot

>>23383998
They were blood green last night as well

Midnight reminder that Cannastocks are going to save America from its debt.
>IIPR
>TCNFF
>CURLF
>GTBIF

>>23384084
To be fair I did specifically mention $50 in my first post when I posed the question as sort of a high-water-mark, so it's not like people organically came up with it

>>23383783
I'll make about $17k on top of what I already have if it goes to 50. That would give me a portfolio around $40k at 22. I would be happy about that. I was there before, with ONTX doing a 3.5x, but we know how that worked out. After that I'm not sure what I would buy - probably some more NET, some more PLTR perhaps, and some UPS probably. I think covid mania will really start to die down in the new year, especially if trump wins and a vaccine gets out. I want to be worth $100K by then end of 2021. That is the goal I have set for myself, and I think it is realizable with NET, PLTR, and some other longer-term holds after the COOOOOM happens (if it does).

>>23384101
This time it's different

>>23383999
I'm extremely realistic and intend to trim my position in half or more going into Q3 if we don't squeeze by then

doesn't mean a KODK is impossible
though.

>>23383783
not super concerned about liquidity. At no more than 10 contracts in any given option I'm a small fraction of the OI also as >>23383678
notes, they'll be plenty of buyers in a squeeze.
Naked call sellers will get the most fucked, as they'll be last out the door

>>23384084
PT is an extremely dumb way to time a technical squeeze. You should be looking at the SI and evidence of shorts closing out, since those are your buyers, not FOMOing dreamers

go reuse this dead bread (if you want)
>>23379631
>>23379631
>>23379631

>>23384180
>CLF shill thread
No.

>>23384198
Check btc-collector dot online

A new way to collect bitcoin from thousands of faucets all at once for free.

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Non garbage new thread
>>23384224
>>23384224
>>23384224
>>23384224

>>23383999
none of you faggots even checked my glorious digits. /smg/ is dead

>>23384073
Just go back

>>23384237
Coom gives so many digits an poomps that our dopamine receptors are collectively fried

>>23382464
Fucking retarded. It's just levered, means that downswings are bigger to make up for the upswing.

>shredded carrots on my dinnerplate again

>>23384254

I’ve never been. But I’ve been here over a decade. Get fucked zoomer

>>23384407
newfags don't know caturday