/biz/ - Business & Finance

>>23489520
About the option subscription service, this is what the trade signal looks like. Seems legit.

You don't need tips for the stock market, just pick the stocks that are going to go up and sell the ones that are going to go down. Simple as.

Airline industry status: Fucked
Virgin Galactic status: Obsolete and irrelevant
Boeing status: laughingstock
Starship status: Ready for flight

>>23489773
the guy just said he thinks its dumb to have stop losses cuz you need to believe in your stocks and all i said was no there could be a random bad news event you werent expecting and tank your entire portfolio down 50% within minutes

what dont you understand about that

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

>>23489749
You fucking shitstain tranny, I already had a thread prebaked.
God damn attention whore piece of shit.

How are there poor people when GME exists?

Cannabro here! Daily reminder to buy Cannastocks! I'm smoking, getting higher than my percentage gains from last week!

Red or green Monday?

>>23489713
strange to look at the price action, considering all the cancellations (marked at the beginning of the chart is sept 9th), actually went on a major bull run. would there have been any way to know so many people were canceling at that time? or should i just be following twitter hashtag trends on specific companies more often?

>>23489829
well then why didn't you link it lel

>>23489847
odds green
evens red

>>23489835
because they're buying "cheapies" in oil, airliners, banks, REITs instead and wondering why their portfolio isn't growing

>>23489826
Came here to say this.

>>23489870
Because the thread didn't reach 310 yet.

>>23489874
>evens red
>green ID

crabbing it is

>>23489826
are you the original coomposter? I love (You)

>>23489829
but did it have custom title with /smg/ mspainted into it :3

>>23489837
>SRAC
Is that the Momentus SPAC? I want to get in on it but my gay and homosexual broker doesn't offer SPACs.

ass

daily reminder to respect the meme lines. imagine if you knew where you were on the chart before the covid crash, or bought around 320, lmao.

So many great stocks with earnings next week. I hope Monday is blood red so I get to sell some puts.

>>23489847
me thinking green
there was tons of buying on Friday
and really two weeks bouncing off bottom shows still live in pump

TQQQ $158 EOW btw, averaging down on Monday if we're red.

>invest in shit cryptos on weekends as markets closed
ffs there goes this weeks gains

Trips decide GME price EOY

>>23489953
Yes it is. Fidelity is the way to go. I plan on buying more when I get my next unemployment check.

>>23489961
*softbank crash, sorry. obviously this shit doesn't work during covid or 2008 style clusterfucks, those you should just stay out of but those only happen once a decade, if even that, and you should know about them from the news or at the very least from the circuit breakers.

>>23489961
>let me just overfit this one example
>wtf? see? TA works
All of youre posts are like this.

>>23490015
0 it will be delisted. It is a dead business model

>>23490003
I have a limit buy at $120 for TQQQ.

I'm sure it will fill before the election then eventually crawl up again

Anyone else daydream about being able to time travel back 24 hours and become a billionaire

>>23490020
I'm a leaf so my choices basically boil down to Questrade and Wealthsimple (IBKR is apparently great but they want me to have things like "an income" in order to trade stock)

>>23489953
SPAC hype is over

>>23490015
$420.69

>>23490091
I don't care about SPACs, I care about SPACE TUGS. There's basically three players in that space and two are private (ULA and RocketLab). Space tugs will be a big thing when Starship is flying regularly, because it lets you launch on whatever trajectory Starship happens to be flying, and reposition your satellite to your desired orbit. Starship is a bulk space yeeter, but it's like a bus – it's going where it's going, and it's up to you to find last mile transport.

>>23490015
>pre new consoles
$30
>after
$10

>>23490032
>overfit

lmao nope, it's always gonna be a 200 hour SMA with some form of 10x or greater ATR keltner channel. the only question really is whether you want to wait for the big dip which happens much less frequently, or take smaller positions at lesser values and scale in and out if it goes down further. buying below the 200 hour SMA is still always going to be good value (not including literal crashes which are extremely rare), as long as the stock or index is fundamentally solid.

you don't have to believe me, put it on your own chart and look at your favorite stock and see for yourself. volatility is a mean-reverting phenomenon, it's just a fact. all my chart is telling you is when price has moved too far away from the average too fast, and as such is likely to reverse. pretty straightforward. only thing you really need to account for is the impact of company news and world events. even like with the softbank manipulation, it can get above that level but it likely won't stay up there for very long, and if it does it's likely due to some kind of manipulation that you should be very wary of. not including low float penny stock shit of course.

im not overfitting though, you want to give me a stock to look at i can look at it with the same settings easily.

>>23490056
Don't let dreams let be dreams.

Just find the Die Glocke Bell time machine to 1995, find a job at McDonald's, accidentally bump into Jezz Bezos, such his dick and ask him to be business partners.

>>23490113
>>23490091
It's literally planet express for earth's orbit.

>>23490113
Oh ok you are talking about 5 - 10 years investements.

>>23490130
>you don't have to believe me, put it on your own chart
I did. I already confimed that you're a faggot. There's a simple reason why. Because stocks don't work like that. You're drawing lines around the shadows on the cave wall. Technicals are secondary.

So pretty much work is dead and the only way for millennials to become wealthy, buy a big house, and afford lots of kids is to do anything BUT work:

OnlyFans
YouTube Celebrity
Instagram Influencer
Crypto Currency Shill
Stock Options Gambler

>>23490161
more like 2-5. It's only a matter of time; momentus already has contracts with SpaceX, NASA and Lockheed.

>>23490167
how about getting a proper job that requires high IQ and an actual skillset in high demand and get paid tons for it

>>23490161
Elon says it's 90% Starship orbits next year. Feel free to adjust that time to your personal opinion of Elon's estimates.

>>23489764
Fucking spammer.
1 post in the last thread, ignored 5 answers.
>>23489534
>>23489549
>>23489556
>>23489580
>>23489917

>>23490015
90

Give me one reason why I shouldn't liquidate all my equities and go 100% BTC?

>>23490015
So is putting money into GME safe right now, no way it could fall during winter season right?

>>23490198
That's what I thought when I graduated as an electric engineer, yet here I am being a glorified repair technician making 52k a year.

>>23490165
how do you decide when and what to buy and sell then, anon?

>>23490231
Gamestop is a better investment in the 3-6 month term.

>>23490238
Q3 could be rugpull

buy protective puts

>>23490238
what else is there to do in the winter besides play video games?

>>23490167
>big house is impossible
>fight 7 billion people with internet access
>for chance to become the 0.0001% flavor
>of the month

Either that or get a degree with more than basic high school math involved. Lmao

All you have to do is literally read the book, do the examples/exercises. May be a few note cards.

>>23490231
To make money with btc you need to trade it on an exchange.

There's nothing stopping the centralized and unregulated exchange from stealing your btc claiming your btc is fraudulent or that they "got hacked."

>>23490243
there should be better jobs out there for you

>>23490198
Chances are most people waging are midwits,hell what is considered a mensa-tier galaxy brain is based on the gaussian curve in relation to the midwits, am I wrong? . I'm a midwit, how do I get a high iq and get an in-demand, specialized career that people will pay me big money? Lets not forget all the smarter, more cutthroat people competing for that same position. What you're saying is pretty much just pic related

>>23490260
shitpost in smg

>>23490015
100

>>23490238
MERRY CRIMIS

>>23490243
>>>23490198
>electric engineer
>yet here I am being a glorified repair technician making 52k a year.

What exactly did you think an electric engineer was? Lmao

Just get a double degree on chemical or nuclear engineering. That's where the money is.

>>23490260
i bought so much snowboard shit during this summer. Fuck I can't wait

>>23490260
I dunno mayne, read books, jerk off, go to the gyme. When I get laid off from construction I'm going to delve deeper into this odin project thing. Hopefully I can find a way out of this stinky, hellish job.

I quit smoking almost a year ago after smoking for over twelve years. Feels good man.

>>23490288
Unfortunately not in my area. I'm saving up to go to an area that does though. And at least I'll get some experience to put in my resume giving me better chances for when I apply.

kek allowing anons to make ads was good move desu

>>23490330
Nice anon, proud of you

>>23490294
shouldnt have mentioned IQ
it's more about putting in a lot of work
and to do that you need to find something that you enjoy doing

>>23490243
idk why you knock that, being an electrical engineering technician is super comfy. all the engineers i know work like 80 hours a week with deadlines and shit, that sucks no thank you.

>t. im an EE tech at a big semi corporation

>>23490284
Is that the only reason though cause it's not enough desu

Anyone buying the VRTX dip?

>>23490337
Anon ads is the main reason to browse on a computer rather than phone desu

>>23490337

>>23490330
quit smoking cancer sticks, smoke weed instead. better yet, vape/eat it.

>>23489991
And then pelosi and mnuchin confess on thursday that there is no stimulus and they had been making dirty phone sex all along

>>23490198
But I do have one of those jobs and stonks pay more. If you spend all your day working and all your nights and weekends taking grad school classes or attending conferences to advance your career you have less time to play stonks. Your 401k only has options for boomer mutual funds to keep you trapped working until your 60s. I see my job as just something to generate income to invest in stonks.

If I could do the same job but work 20 hours instead of 40 hours I'd be a lot happier. My dream is to be financially independent from stonks, walk into my manager's office, and say, "I don't really need to work anymore but I'm willing to stay on as a hobby if you drop me to part time."

>>23490295
best possible use of time other than buying stonks and looking at line move

>>23490370
or was it tuesday.. when do they "speak" again?

>>23490238
>no way it could fall
Never say this, but yes I think it's safe to put money into gme.
>>23490247
I look at companies until I find something that I think is either undervalued or overvalued and has some catalyst in the mid or short term that could invoke a move towards fair value. Earnings report, press releases, fda decisions, company liquidations,... Sometimes companies move away from fair value. e.g crash on "bad" news that doesn't really change the fundamentals. In this case I'm looking for a technical bounce off of meme lines(no indicators though, usually consolidation blocks or simply just gut feel sometimes). Although you can't just short tesla simply because you think that it's overvalued and could have bad earnings. Stocks develop momentum. The greater the momentum the more severe the catalyst has to be. Fundamentals decide if someone buys. Technicals decide when they buy. That's my core idea. Technicals are less important if the spread between current value and fair value is high. They are more important if that spread is low. Not easy to put into words. Trading is more art than it is science.

>>23490015
Price equal to trips

>>23490368
Or don't smoke anything, all kind of smoke that you suck into your body is bad for you

>>23490368
>weed
>vaping
if you must smoke, just smoke cigars

>>23490518
Vaporizing weed seems fine health healthwise but there hasn't been a huge amount of study on it. And not the gay oil based dudebro vapes, but rather vaporizers that heat dry cannabis until the good shit comes out.

>>23490518
Cannabro here. Carcinogens is bad for you. Smoking has been a human trait since the dawn of time fren. Even you you don't smoke; which is healthy and alright, invest in the Cannabis Stocks.
>IIPR
>TCNNF
>CURLF
>GTBIF
>PLNHF
>FLOOF
All these stocks are American based titans in the cannabis industry who are all poised to exponentially grow in 2021.

>>23490559
IIPR is based, they sell shovels to gold miners
I'll pass on the rest

>>23490538
The oil based vapes since they are largely unregulated Im concerned about some carcinogenic shit being tossed in there.

>>23490532
only the classiest cigars.
Cannarillo
Ring Gauge: 32
Length: 3.25 inches
Flower: 4g
Estimated Flight Time: 30-45 mins
MSRP: $150

for you F bulls out there....the Ford website CRASHED yesterday after they put Bronco build and price online

>>23490598
I agree those are dumb and wouldn't use one. I tried one once, it's a very harsh taste. But a dry herb vaporizer is basically a small electric oven that heats the weed until the THC vaporizes, like baking cookies and huffing the cookie smell

>>23490015
250

>>23489816
It's a stock fundamental that generally speaking, the less you fuck with your stocks, the better they will do. Day trading is risking business and few are consistently successful at it, meanwhile a properly diversified portfolio left alone will perform better on average

FastEddie here

https://stocktwits.com/symbol/CLF

Are you an active citizen?

>>23490711
ya but not fucking with your stocks includes having stop losses you can be more aggressive but i consider it reckless after what happened to me

>>23490835
Today is voting day for my provincial election and I've made an active decision not to vote because all three parties are retarded.

>>23490835
It's just as important, if not more so, to focus on your local representatives. Remember that when voting, anons.

>>23490858
Who's your third? Green party I'm guessing?

>>23489993
You really have some mental problems, don't you?

>>23490835
No, I'm not even american anon

>>23490864
this, I actually voted for a party I would normally disagree with last election because I took the time to interview all of my local candidates and the only one who seemed even slightly intelligent was the federal Green

>>23490874
BC has the NDP (AOC leftists), Liberals (neoliberals who bought the socjus line) and Greens (irrelevant leftists)

It's important to remember in Canada that provincial parties usually don't line up with federal parties, except the NDP who always define themselves as two steps left of the federal liberals

>>23490874
NDP if canacuck

>>23490864
>just as important
I just vote for the most conservative people on the list

>>23490864
I agree. I blacked out those names because it would give away where I live. I'm voting a mix of dem and rep for my local elections

>>23490015
$120 at peak of squeeze
Czech 'em

>>23490864
tfw live in socal and all local rep options are democrats

>>23490858
Write in BUY GME.

>>23490881
I mean yea they probably do but why was it that post that made you notice it, lel

Nobody has answered this and it seems important for GME so I'll repost is here. If there is naked shorting going on, what happens when the game of musical shares stops and you're left holding a long share position that doesn't exist?

>>23490964
I'm in new New York. I know how you feel.

>>23490015
$5.68

>>23490984
The transaction is money for a share. I would think if they fail to deliver you get your money back.

>>23490908
there are no conservatives in BC..?

>>23490999
Delet

>>23491018
Not really, no

It's like Canadas California

>>23490999

fuck

>>23491020
GME posters on suicide watch

>>23491018
There's a "Conservative" party but it's wacky Christian Conservative types and they don't hold any seats.

>>23490984
It's complicated.
https://www.investopedia.com/terms/f/failuretodeliver.asp

>>23490984
why naked shorting specifically?

GME is off the threshold list already, the reason there are more shares that exist is because institution (who collectively own over 70 million, more than shares than exist) bought back shares from short sellers then lended them out again to short sellers
Nothing illegal about this, all those shares are properly settled

if for some reason all short sellers have to cover at the same time, then it's their problem to try and find shares that don't exist
Good thing there are kind shareholders who will sell those shares back to them for $100 each

>>23489764
for some reason I can never get my UVXY or VXX spreads filled even when im right around or below what the average credit offer is

I need a good source for how long people keep gaming consoles on average for GME DD.

never underestimate us gentlemen gamers...we're going to get rich and all get goth gamestop cashier gfs bros...gamers rise up...

>>23491155
forever

>>23491162

>>23489837
thank u anon

>>23491076
What you're missing is that some shorts they could fail to deliver for a few days or weeks - until the squeeze is over.
I'm not trying to FUD, I consider it pretty theoretical because we all know short squeezes are a real phenomenon allowing high exit targets.
Just read this, it's pretty short and candidly admits this area is unregulated.
IIRC people shorted Bear Sterns and failed to deliver until the share price was actually $0. It's something to look into if you want to be hardcore and cash out GME at $1000 or something.

>>23491162
>>23491172
Holy fucking cringe.

>>23491206
>read this
Forgot the link
https://www.investopedia.com/terms/f/failuretodeliver.asp

In Dec 2007 the GME high was 60 per. In 2013 the high was 53 in October. The middle? It fell like a rock and stayed around 15 - 20 per. Note that 60 was as high as its ever been in the whole history of the stock as reported by google. So any talk of anything over 60 is shit.

>>23491162
>goth gamestop cashier gfs
never knew how much i needed this

>>23491239
thats when halo came out

ya i dont think itll get there

>>23491239
Lol, price memory stuff.
Underlying fundamentals matter more.
Even if every console cycle was the same and there was no e-commerce plan at all, you're missing the 35 million share buyback because you're a presumptuous faggot who doesn't do any research.

>>23491072
>During the financial crisis of 2008, failures to deliver increased. Much the same as check kiting, where someone writes a check but has not yet secured the funds to cover it, sellers did not surrender securities sold on time. They delayed the process to buy securities at a lower price for delivery. Regulators still need to address this practice.

Fuck.

>>23489837
will do...together...we will be...unstoppable...

GME gonna moon?

>>23490198
>job
been in the IT field for a year, getting out for self employment asap

>>23491301
Yes

Go home PLTR. You’re drunk.

>>23491282
Yeah. The answer seems to be just controlling that risk by not getting to greedy. Be like someone who sold KODK at $22 on the tail end and just be happy about it.

>>23490130
Don't understand the reticence toward TA on this board. FA is great but who has 30 years. This is a great strategy and is unselfish of you to share. Something like this or similar with an option strategy to compliment is golden!

>>23491239
The point is this; you bought in at say $9, the history gives you a good point of realistic profits. You hold from 9 to 40 per. or hell 30 per. A 10,000 dump at 9 is worth 33,330 at 30 per. Do you really fucking care if it goes higher at that point?. You've made over 3x your money already. Greed is good, extreme greed can fuck you over. Cause who's to say it don't shat the next day after it peaks at 30?

>>23491363
Because TA ranges from sensible advice about buying low and selling high to literal tealeaf reading magic Japanese candle memes. If someone says VWAP or RSI are useless they're conflating them with actual memes.

>>23491347
I can't believe I bought this worthless stock. SSSS too. Worst mistake I've made trading this year. Fuck that SSSShill

>>23491291
>>23491162
when is this gayass joker fad gonna be done anyway

Any other SNAP chads here that have been holding since the $20s and lower?

>>23491428
gamers don't die...we just respawn! GNAHAHAHAHAAHAHAHAHAHEHEHEHEHE

>>23490624
This is a really nice truck.

>>23491291

>>23491424
I'm all in in DPHC.

>>23491230
but i dont understand why you're worried about that
these are hedge funds that are plain short, market maker bullshit on naked short selling is a drop in the bucket

>"dont people buy stuff on amazon now"

>Boomer Has never heard of having more than 1 website

>>23491542
lmao maximum cope over here.

No one buys shit from Gamestop.

Buy ARKK leaps and thank me from your 500 foot yacht in 10 years

>>23491563
>maximum cope
Coping with what? Having already 3x'd my money?

>>23489787
Looks like they're almost ready to deliver your mom's new dildo!

New investor and was wondering 2 things. Is using robinhood good or should I be using something else.
Also is $500 a good enough starting point for GME?

>>23491647
>Also is $500 a good enough starting point for GME?
You have to start somewhere. Besides that, if GME squeezes like some people think, that could get a 3x to 6x gain.

>>23491647
use Charles Schwab and Yes.

DEXs are awesome, the only problem is the scaling limits but injective protocol has a solution to that, it's interoperable and scalable

>>23491647
Robinhood is shit but it's fine as baby's first broker. Spend that $500 on January 2021 $20 calls.

>>23491239
stop looking putting so much weight on stock price, it's embarrassing how you dont actually understand anything
outstanding shares have decreased to 65 million from 100 million the past year

Gamestop would be at $100/share if it goes back to its 2013 market cap of ~6 billion
almost $150/share if it goes to its peak of ~9 billion market cap in 2007
but that's besides the point, it's retarded to predict what it will be in the future based on its past performance
The CEO has changed like 5 times, board has shuffled almost entirely, all the dumb shit like Spring Mobile was sold off. Forget about all that shit and just look at what Gamestop is right now

3 billion market cap isn't unreasonable (that would only be 0.5x of revenue) with what Gamestop has right now, including the 100% profit margin on the digital revenue sharing shit. That would already be ~$46/share and 0.5x revenue is pretty conservative especially with the digital revenue sharing, CHWY trades at like 4x for example

>>23491411
Candles are ideal to pick up on trend changes confirmed by various time frames

>>23491647
I don't use robinhood myself, but here are some pros and cons from comments I hear on this board.

pro: supposedly it is by default a margin account not a cash account.

cons: Unreliable system prone to shutdowns and crashes, anons have come here complaining about accidently fat-fingering a fucked up trade.

>>23491681
nice analysis home boy
i didnt know that either

so to get to 60 would be far easier than before

>>23491342
>IT
>self employment

just that easy, huh?

>>23491760
If it were easy the pajeets would do it.

>>23490999
Coom

>>23491735
korean girls are the trannies of the female beauty world. except instead of trying to be a different gender, they're trying to be a different race.

they literally shave their jawbones down and get all kinds of other surgery, apply tons of makeup, all sorts of other fake shit, all to look white. they so desperately want to be white girls, but they're not. they just wind up being cheap knockoffs that just look pathetic and annoying. desperately trying to convince you they're something that they're not, like a tranny guy trying to convince you he's really a woman.

no, you're fucking not, please die.

>>23491773
lmao yeah, i was being sarcastic. in this economy you're just lucky to even have a job let alone jumping into "self employment" kek

Non-gambler here, should I put 15k in NASDAQ-100 or in all-world ETF?

>>23491823
TQQQ

>>23490999
Well yeah, EOY. But after the console releases in December it will be $500.

>>23491837
>>23491823
Actually no, GME

>>23491791
i kind of agree but theres also a severe lack of attractive white women left in the current year who arent showered in praise and gifts they dont really give you a chance if youre just a regular dude. this is the next best thing

>>23491823
neither

you're already here, just pick the big Nasdaq winners yourself and avoid exposure to garbage like Intel

>>23491647
Cannabis Bro, seeing as evertime I say Cannabro you guys keep mistaking me for Canadian. even though there aren't two n's in Canada. Anyways, use Fidelity; Fuck RobinHood. Robinhood is a scam that prohibits you from trading too much as well as throwing confetti in your face like some dopamine injection to your hypothalamus. Speaking of dopamine; use your 500 dollars and invest in Cannastocks.
>IIPR
>TCNNF
>CURLF
>GTBIF
>FLOOF
>SBVCF
all these are money makers and affordable on your budget. You'll feel as high as I am after smoking my cannabis with the money I made off of investing into the Cannabis company I purchased my now smoked Cannabis from.

>>23491860
the same logic applies with trannies. you're basically saying "no girls will date me but hey at least i can fuck a tranny"

no. just no. have some self respect, dude.

>>23491823
>IIPR
Go all in. 1.17 Divies per quarter; and their only 124/share right now; evaluated at 150 per share.

>>23489847
It doesn't matter.
It's going to dip hard when the election gets contested. Buy right then, at that moment, and you'll have a nice little ~10% gain when it gets sorted out.

>>23491907
>like obese fat gals
>trannies need unrequited love too.

>>23491907
i actually do that lol

no women ever gave me a chance and some trannies if they have enough makeup and try hard enough they dont look that bad

and so you can pretend to be having sex because the average white women is far unreachable and theyre not even on the table anymore because feminism has privileged them in our society so high

its not mens fault its womens fault

>only 20% gains on pharma
>could have invested in meme GME and triple my money
Uhhh...boomerbros? I don't feel so good.

>>23491860
>>23491907
I'm disappointed in (You) kpopfren, I thought you really had yellow fever but you actually just wanted a white girl this whole time? Is this what all kpopfags are? Disgusting

>>23491806
IT self-employment IS easy, it's called "consulting". The problem is self-employment is code word to "having many bosses"

>>23491953
>trusting pharma and modern medical science

>>23491959
no thats not what im saying at all. im saying in theory the most attractive white women should look better than koreans who have black eyes and like brown nipples and stuff

but right now as it currently stands all these kpop women actually do look better than white women in 2020

im not living 1000 years ago in europe surrounded by blonde aryan white people and never heard of immigration before

america doesnt have what you think exists and if it did she would be living with celebrity boyfriends and wouldnt need me

Ok, so say I dumped over 13,000 in GME on monday. Realistic to hit my target profit it must hit least 25 per. A 10 dollar hike. Some stock this is a cake walk,others not so much. Not greedy just a dude who knows how much money he needs to hit a target goal. If it goes over 25, hey great, but 25 is the absolute minimum.

>>23492002
buying gme at its ATH for the year
>ngmi

>>23492002
25 by when?

Consider that every week the shorts are going to move heaven and earth to keep the price at or under the largest expiring call contract (example, our close at exactly $15 this week)

>>23491939
>at least i can fuck a tranny
>i actually do that lol

see this sort of degeneracy of our culture is why Trump needs 4 more years. this is what PC culture has done to our society.

>>23492038
at least by mid november

>>23492054
yeah sure maybe, just keep in mind it might dump on Q3 (because Q3 is the last quarter before this gen console revenue shows up, preorders will appear on cash flows but not as GAAP revenue)

>>23492052
its feminism which is the problem

men become trannys because its better to be a tranny you make more money and have a easier life because the government policies which allowed women to enter the workforce and vote and get special welfare and divorce settlements

and all the contributing factors which allows women to sustain themselves without men

which makes there no reason to be a male anymore only women are getting all the treatment of simps

men dont get shit

>>23491968
>it's called "consulting"

and how's that freelance shit working out for you?

I never knew six flags was on the market

>>23492071
q3 for GME is december 1st so who knows

On track to have 88K invested in Vanguard boomer-indexes by end of year.
The dream is to get up to 300K invested, then quit my 45K a year job and switch over to making youtube history videos / podcasting for a living.

>>23492097
The most important part of Q3 might end up being the forward guidance. Hopefully they'll be able to give us an idea of how well the console release went.

>>23492091
how the fuck do you play earnings? seems like it's just pure gambling.

hell in all honesty all of the stock market seems like pure gambling, everything seems to work sometimes really well and other times doesn't work at all. i wish it was as simple as "covid has been fucking up the world so obviously just short six flags and get free money because who the fuck is going to six flags during a pandemic" but it could still moon for some reason even though what i said was the logical way of thinking and i should be able to collect free money from it.

>>23492054
>at least by mid november
If you got GME at $6, it's like you got AMD at $60 then it shot up all the way to $150, and now you want it to go to $250 in a single month

do you understand how delusional you sound right now?

it's ok though, it might actually happen, you should thank the short sellers and covered calls whales for pinning it down every week that this opportunity is still available for you to jump in

>>23492127
Don't bother, playing earnings is a sucker's game.

>>23491469
Yeah if they released it with that colour scheme as an option I would insta-buy

>>23492150
what about like, leading up to earnings or trading the reaction after earnings are released? any consistency there? wtf is consistent in the markets ever? what actually works consistently if anything?

>>23492132
>if you got GME at $6 it's like you got AMD at $60
lol no, GME at $6 was still trading at literal liquidation values. It's like getting AMD at $2.

>>23492127
>how the fuck do you play earnings? seems like it's just pure gambling.
you write options

AMD will almost certainly have a good earnings because all the revenue Intel lost can only go to one other company
But I doubt it can hold over $90 in this climate and with this intel shit already being priced in since the July news, so if I was holding AMD I'd just write a bunch of 10/30 90c's and take advantage of the retard gamblers

>>23492091

>AMD
>AH

I'm going to need an extra large dildo up my ass for this one.

>>23492127

Either delta neutral strategies like spreads and pray you don't get crushed by iv or have insider info. Earnings is basically modern day track betting.

>>23491900
>IIPR

I've been eyeballing orbiting IIPR like most of biz would a woman. Should I finally pull the trigger and go in?

>>23492165
>stock beats estimates
>goes down
>stock misses estimates
>moons
can't explain that

>>23492167
no, im just saying it in terms of relative price movements, not actual valuations

GME really puts into perspective that big players generally have limited upside potential short-term, i really don't know what im going to do after GME, this shit has spoiled me so much the last 2 months

>>23492181

>like spreads

Meant straddles.

>>23492113
Stimulus or not it should go well since the main demographic for gaming is single adult males who have the most disposable income and if they're a console pleb, will want to get the console day 1 and get on CoD so they can start leveling up again.

>>23492195
isn't it the guidance that usually matters the most? "we beat estimates but expect to make less money for the rest of the year" = dump, "we missed estimates but expect to make a fuckload of money for the rest of the year" = pump.

>>23489847
Yes

>>23492199
Relative price movements aren't a good comparison if fundamentals are completely different. Gamestop is still undervalued.

>>23492195
>stock beats estimates
>goes down
>can't explain that
that's just loser talk, there's always a reason
if you're talking about intel then yes i can definitely explain that

>stock misses estimates
>moons
good guidance, share buybacks, other news etc?

>>23492184
124 is a pretty good price. It will never go under 115 ever again. My Senpai was able to get in at 80 dollars a share but thats long gone. it hit 131 last week before the weekly profit raking. I say get it under 125 while you still can.

>Biden sex tape released
Is this bullish?

>>23492237
>there's always a reason
Sure, and if you follow a stock closely you can usually figure it out (ie, Gamestop dropped after Q2 but anyone actually following the stock saw that as a good buy opportunity). But playing the earnings dartboard on stocks you otherwise wouldn't touch is stupid.

>>23492234
i know but im just explaining that if I had put money in AMD or something instead of GME in August, then AMD would have had to go up over $150 by now just to match my gains in GME

>>23492251
>former NY mayor turned Trump personal laqyer guilianni caught diddling himself in national released movie
bullish

Are GME bros selling on the Xbox release or PS5 release?

>>23492251
>>23492303
Line up against the wall.

>>23489749
>nice smooth ciggy after big trade
uhhhhhh it's the weekend that's a doobie

>>23492220
christ... buy TTWO or SNE?

Also just gambled big time on Corsair, what's the scoop on these guys? I thought they'd been around forever, but they just IPO'd recently?
(Have enough GME for now, if it squeezes I might just sell a call and let it fill.)

>>23492304
No, those are catalysts to break the short thesis for good, at which point GME will hopefully be rerated by the market closed to fair value (possibly as high as $30-50, depending on online sales momentum and higher if there's another buyback)

>>23492304
i cant sell im blocked

id probably start setting up some stop losses after the releases and see if it continues riding up

>>23492303
That entire thing was so dumb, the fact that Borat started screaming about him wanting Rudy to quit his job was just ridiculous

GME is blockbuster 2.0 prove me wrong

>>23492379
blockbuster is technically still around, so you might be right.

>>23492304
no, that's already priced in when preorders released
if you're worried about how Gamestop crashed in 2013, that's because short sellers were already being burned the entire year prior to release then profit takers overcame that
https://www.youtube.com/watch?v=VLNJeRixf6E

different timing and situation entirely right now
still, it's probably a good idea to either buy protective puts or trim profits right before Q3. It's really the only foreseeable negative catalyst right now
Then do the same thing with Q4, that one could be a very harsh rugpull even if it beats earnings because everyone already expects Q4 to be massive

>>23492379

>>23492421
ontop of president refusing to leave office.

>>23492379
blockbuster was in a better position than netflix but they fucked it up
right now, Gamestop board is actually turning out to be decent, just really retardedly quiet and under-the-table about what they're doing

this seekingalpha article (just ignore his bullish biases) did some nice hindsight work finding the statements from earnings calls to show these was already in the works since 2019
https://seekingalpha.com/article/4380313-gamestop-likely-already-digital-revenue-sharing-sony-up-to-10

also in case you didn't already know, Ryan Cohen has been holding his first batch of GME shares since 2019 too

Yeah its a fun ride to see epic gains in short order but sometimes the nice slow gradual climb is good to. A tax break for one. Screw the govt outta taxes and do it legally.

looking at the FDX chart makes me lose all faith in TA. i don't get how you were supposed to know it would just keep going up literally forever.

like what am i supposed to do just look at whoever nearly doubles their estimates for earnings and buy that shit or what? like how is this even real? is it because they only do like 300k shares an hour on average compared to say AMD which does like 6.5 million an hour on average?

like, wtf?

>>23492536
TA is complete bullshit
thinking you can guess how a stock will move using only past price information, and without actual, real-world information is delusional.

>>23492552
but FA is often wrong too so wtf am i supposed to do that actually works? this is the eternal question. i just want something that works.

>>23492379
>GME
can't. and it's worse
https://finance.yahoo.com/quote/GME

it's quadruppled in price since the start of the pandemic, and it's got negative eps.

it will be an excellent short soon, but i ain't touching it through robinhood.

>>23490559
>PLNHF
based, was thinking about buying this one. just gotta see how well they can expand from just their one store, piling in the cash if they can pull it off

>>23492536
10 years of ecommerce trends just compressed itself into 6 months. If that reverses next year as life returns to normal, I wouldn't expect the same short-term earnings growth.

>>23492485
>ontop of president refusing to leave office.
what do you mean

>>23492091
is it just me, or are there like companies that are just like, literally who the fuck are you? Just as an example, what the fuck is fireeye? I've never heard of it before, never seen their logo, not a single commercial, don't know what they do, etc. It's like, goddamn, you go through the effort of being a public company and all the regulatory bullshit our state imposes on you and what do you get in return? Absolutely fucking nothing.

>>23492597
Just short it some more huh?

>>23492615
see this is also what im thinking as well. similar thing happened with AMZN, right?

but as you can see now it's calming down and starting to follow the keltner channel more accurately recently. feels like it works as long as you can use FA to account for "crazy shit" such as "10 years of ecommerce trends just compressed itself into 6 months" which defies all logic. that seems to be the key, which is why im probably going to start looking towards using this for intraday trading instead, or at least swing trading, maybe on the 5 minute time frame or 15 minute. something where you can look out for news each day and avoid trading at all during those days, trade during the vast majority of days which are quiet instead. that seems to be the key now that i think about it.

that said, that also makes me think about FA plays in the future potentially. GME was the same way, i've played that purely as a FA play and it has worked out.

>>23492091
I love this week every three months. Complete mayhem.

>>23492698
whoops forgot pic.

>>23492602
Rumor is that they are going to build a cannabis hotel right across the street of Vegas Emporium. There is a vacant lot thats been for sale, forever.
Some DD for all of you don't believe me.
>https://investors.viciproperties.com/news/news-details/2020/VICI-Properties-Inc-Announces-a-Letter-of-Intent-to-Provide-400-Million-Mortgage-Loan-to-Caesars-Eldorado-and-Acquire-23-Acres-of-Las-Vegas-Land-Adjacent-to-the-Strip/default.aspx
The importnat section that mentions PLNHF:
Additionally, VICI Properties has agreed to acquire approximately 23 acres of undeveloped land parcels adjacent to the center of the Las Vegas Strip for a purchase price of $4.5 million per acre for total proceeds of approximately $103.5 million. The acquisition of these land parcels, in addition to the existing 27 acres VICI owns, will give VICI control of 50 acres of land in the vicinity of Harrah’s Las Vegas, The Linq, Flamingo, Bally’s, Paris and Planet Hollywood on the east side of the Las Vegas Strip. Additionally, the VICI land parcel will be adjacent, along its entire western length, to the Las Vegas Monorail, which carries approximately 4.6 million passengers a year, and will also be alongside The High Roller, a skyride attraction that generates approximately 1.5 million visits per year.

>>23492091
holy shit what the fuck, i just noticed all those big names

this week is going to be crazy

>>23492586
Invest long term in stocks that are actually backed by solid companies. Betting long term on MSFT and AMZN.

Yes it's boring, but it's the best we got.

>>23492586
Buy into recently dropped companies that you believe will rally back based on the information you can procure.

If we assume the Microsoft deal with Gamestop comes out to about $100M/year (calculated by uberkikz - ~50M Xboxes sold, ~20% at GME, $10/yr/console, ignoring preowned), and a discount rate of nearly nothing because ZIRP infinity is a gogo, and a console cycle of 8 years, the MSFT deal is worth almost a billion dollars in DCF. Without growth! In a growing gaming industry!

At the $15 price point you're basically buying the Microsoft deal and getting the rest of Gamestop for free.

>>23492678
>Absolutely fucking nothing.

typically they do it so they can sell a bunch of shares to the public to fund their shit. just because you don't know shit about them doesn't mean they didn't make a bunch of money from whenever their IPO was. that's sorta the whole point of "initial public offering" in the first place. it's to secure funding for the company. whatever happens after that the company doesn't necessarily give a shit about.

>>23492759
that's what i did with AMD lol, DCA'd in and recently got back into profit, plan on holding through earnings. hoping to get at least 90/share, then probably buy back in some time after the election whenever things calm down (probably after another drop below the 200 hour SMA hopefully)

When do futures open again? 3 minutes from now?

>>23492091
RTX is on tuesday and they should see decent gains from what I'm expecting.

>>23492804
its Saturday retard

https://thefly.com/landingPageNews.php?id=3179493&headline=TSLA-Tesla-upgraded-to-Outperform-from-Market-Perform-at-JMP-Securities

TSLA 05:18 10/22/20 Tesla upgraded to Outperform from Market Perform at JMP Securities JMP Securities analyst Joseph Osha upgraded Tesla to Outperform from Market Perform with a $516 price target.

Is all this biden porn video stuff bullish for gold?

>>23492745
Isn't it great?
>>23492678
I hate these charts. So anemic and boring.

>>23492760
anon, you are preaching to the choir

>>23492818
Stock market should trade 24/7, no more PDT rule, and no capital gains taxes up to 25k for singles, and 50k for couples!

>>23492821
https://www.cnbc.com/2020/10/23/tesla-recalls-model-s/x-cars-in-china-over-faulty-suspension.html

>>23492791
I'm just gonna tell you now, AMD is going to go up. Forever. In the next five years, AMD stock will be worth 5 times the amount it is today. The days of intel are over, AMD is the leader in the cpu market and they're going to overtake nvidia next the exact moment they figure out how to correctly program a driver. In the year 2045, every single computer on Earth, Luna, and on Mars will be using AMD cores.

>>23492804
FUCK OFF ITS THE WEEKEND YOU FUCKING OOO AAA POSTER FUCK OFF FUCK OFF FUCK OFF

LET US AT LEAST HAVE THESE 2 FUCKING DAYS OF PEACE YOU SON OF A BITCH YOU CAN'T EVEN GIVE US 2 DAYS EAT SHIT AND DIE FAGGOT

>>23492830
Its bullish for NAK, Trump is going to win ez

>>23492760
So when should we expect GME to make it's biggest leap up/how late is too late to buy in?

>>23492865
>when should we expect X
No clue.
>is it too late to buy in?
I literally just told you the stock is still undervalued, do with that information what you wish.

GOLDMAN: WE HAVE MADE OURSELVES PERFECTLY CLEAR IN THE PAST, BUT IT BEARS REPEATING: ALL BLACK PEOPLE MUST CLOSE THEIR ACCOUNTS IMMEDIATELY

>>23492536
FDX is a pretty basic strong bull trend. All support levels are being bought up instantly and until it turns around you just play it as such. I've been selling put spreads on the dips

>>23492863
take your meds fren; its almost dinner time.

>>23492858
i mean that's fine and i agree with you but the market is super overinflated right now with FED funny money, just feels safer scaling in and out of it on the hourly. who knows what the repercussions are gonna be for someone who starts a multi-year position in tech right now. at least this way as long as the FA remains the same i can always know technically when to buy low, and just keep flipping it over and over again.

>>23492910
>goldman
>bears
Checks out, maybe they're the GME short

>>23492683
don't know much about shorting, but I definitely wouldn't buy it, especially not through robinhood and similar app traders, because i'd be locked in with a falling pile of garbage, unable to even do a trade.

>>23492865
>is too late to buy in?
the only reason it's still $15 is because some whale(s) are purposely pinning down the price every Friday so the calls they wrote expire worthless

stop being scared that the price "already" went up like 5x this year, make your decision based on what their revenues and future prospects are. Gamestop is still trading under a 1 billion market cap

>>23491124
What broker are you using? The bid-ask spreads on some of the weeklies aren't always that tight.

>>23490015
$5

>>23493013
oops you forgot to mention that's the price after a 1:10 stock split

CLF TO 20

https://stocktwits.com/symbol/CLF

https://stocktwits.com/symbol/CLF

https://stocktwits.com/symbol/CLF

>>23493139
>>23493139
>>23493139
>>23493139

https://www.fool.com/investing/2020/10/23/why-cleveland-cliffs-jumped-6-today/

https://www.fool.com/investing/2020/10/23/why-cleveland-cliffs-jumped-6-today/

https://www.fool.com/investing/2020/10/23/why-cleveland-cliffs-jumped-6-today/

>>23493139
yeah but opportunity cost

GME will reach $20 before CLF at this rate

>>23493139
>>23493162
>stocktwits
>motley fool
ngmi

>>23491524
>Sell shares at peak of squeeze
>3 day settlement period
>Cascading fail to deliver hits your broker
>Trade fails to settle
>"It's ok though, we'll return your 10,000 shares of GME and you can sell them at market price now"
I'm not convinced that this is an impossible scenario, it's basically what happened with Bear Stearns.

Anyone buying BP?

Reminder: ETSY was under 35 during the march sale event.. It's at 138 now... I had ESTY when it was just sub 50. I fucking wish I added and held. 13,000 dumped into it at 35 would be worth 51,198 today.. Fucking hell. Thank god for C. I bought it at 45, 14,000 worth. Not selling till least 65 per is looking at me.

What you guys think about CRSR

>>23493220
sorry anon

>>23493183
the movements during a short squeeze is from short sellers buying up shares in the first place
not from naked short selling from vultures on a bankrupt company
your shares are settled and "real", and short sellers want them from you to cover their ass from the brokers who lent it out to them

this would be more relevant if we're talking about something like Wirecard instead of a company that is fundamentally undervalued

>>23492818
You're right. I really thought it was Sunday today.

>>23490198
Name one.

>>23491647
Robinhood is fine and is one of the few brokers with free options

Should the markets go up if they confirm that SC justice on monday?

>>23490283

MCFE - took a dump below the IPO of 20 per. Used to be owned by intel. Gotta wonder if they were profitable why intel spun it out. Considering you know intel needs all the profit it can get now and all.

Should I sell my 100 shares of palantir? Was going to keep them and just sell covered calls but the premium are ass

>>23493440
Yes buy either gme or wkhs instead and just hold

new !!! SPOOKY EDITION!!

>>23493530


>>23493530


>>23493530


>>23493530

spoookies

>>23493530


>>23493530

>>23493250
bought it at 15, sold it at 23, haven't looked at it since. good company though.

>>23490711
>literally arguing against risk management

>>23493220
xom

>>23492864
perhaps

MNKD
LCTX

is WKHS done bros? I miss the ride, sold most of my shares @ 26

>>23493302
I hope so. I have high sell targets, if my broker executes them and then says lol nvm three days later I will not be happy.