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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
AV
We ain't outta here in ten minutes, we won't need no rocket to fly through space
Not whatsoever, and I strongly concur that ANYONE reading this does not jump in just because it's hot right now and they think they can make a quick surefire buck. That ship has long sailed. This stage is the ride-or-die stage only for those like me with single digit IQs and enormous testicles.
CrankyJay™
Member
Some on WSB are trying to get BCRX rolling, which I already own for an average of 7.25.
Already up 30% in pre market trading but it’s only 500k shares. Not sure that will hold.
Already up 30% in pre market trading but it’s only 500k shares. Not sure that will hold.
LisaMariaMartin
Banned
From the government? Where is this from?
Limits on Stocks buying.
ManofOne
Plus Member
thats certainly how you drop a stock value
Limits on Stocks buying.
lol archived that shit.Sorry if old, but... yikes.
Not getting any clicks from me with their nonsense.
ManofOne
Plus Member
New Study On Returns - Buy and Hold Outperforms Day Trading
“A new study finds that active trading also significantly increases the volatility of a portfolio. That is, market timers actually assume much more risk to get those lower returns, compared with investors who simply buy and hold investments.
Although active investors tend to “chase stability”—they are trying to minimize volatility by market timing—they end up doing the exact opposite, according to the research, as they invest in stocks after past volatility is low and before future volatility is high. The end result is high capital exposure when volatility is increasing. In particular, Drs. Dichev and Zheng find that “the volatility of the actual investor experience is nearly 50% higher than the corresponding volatility of stock returns.”
“Their findings reveal the full cost of active trading. Such investors are chasing safe winners, but they’re actually getting risky losers. This means that active investors, on average, assume much more risk to get lower returns.
So why do so many individual investors continue to engage in active trading and market timing despite evidence showing it is often counterproductive? Researchers who have explored this question suggest that some investors—particularly men—are convinced the results don’t apply to them. Others simply enjoy playing the market; trying to pick winners is more fun than sticking with long-term investments, probably for the same reason that many people enjoy blackjack and slot machines.”
“A new study finds that active trading also significantly increases the volatility of a portfolio. That is, market timers actually assume much more risk to get those lower returns, compared with investors who simply buy and hold investments.
Although active investors tend to “chase stability”—they are trying to minimize volatility by market timing—they end up doing the exact opposite, according to the research, as they invest in stocks after past volatility is low and before future volatility is high. The end result is high capital exposure when volatility is increasing. In particular, Drs. Dichev and Zheng find that “the volatility of the actual investor experience is nearly 50% higher than the corresponding volatility of stock returns.”
“Their findings reveal the full cost of active trading. Such investors are chasing safe winners, but they’re actually getting risky losers. This means that active investors, on average, assume much more risk to get lower returns.
So why do so many individual investors continue to engage in active trading and market timing despite evidence showing it is often counterproductive? Researchers who have explored this question suggest that some investors—particularly men—are convinced the results don’t apply to them. Others simply enjoy playing the market; trying to pick winners is more fun than sticking with long-term investments, probably for the same reason that many people enjoy blackjack and slot machines.”
CrankyJay™
Member
I do enjoy trading/swinging SPAC plays and rolling the profits into my long term equities that I plan on holding "forever". I'm not sure if that's wise.
ManofOne
Plus Member
When the VIX is over 22 those short term plays kill your portfolio. No matter how much I read about technical day trading I still don’t see how the average stock trader could benefit.
Market timing is hard. We just got lucky in March Bc the average consensus for the bottom was around 2,300 -2,200 on the S&P
BigBooper
Member
Thing is, you don't have to time the very top and bottom. Just look for a good jump in point and exit point. If the market's down 30%, it don't matter much if it drops another 10%, it will still make you money.
ManofOne
Plus Member
True but people aren't homogeneous and that timing always to me seems dangerous, like you would have to be seriously engaged in that type of behavioral trading to earn a consistent profit . Like for example when were are plotting the log returns for a specific stock, in our equation we would focus on things like value, fundamentals and even momentum and technical but the weight for the technical are much lower.
Technical and day trading to me seems to be a strange concept but so is long term holding now as well. Like 10 years ago you won't have imagined MSFT being a trillion dollar company.
I doubt most ppl have that level of foresight and patience.
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CrankyJay™
Member
I don't see how long term holding can work for everyone unless they have some free cash or are depositing new funds into their account on a steady basis, otherwise your funds are just tied up, and I think that's what traders and swingers are accounting for: opportunity cost.
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CrankyJay™
Member
Annnnnd there goes BCRX .... yay
Mr Nash
square pies = communism
Who is actually pushing for this silver play? If anyone took 2 seconds to look at WSB, they'd see that they aren't trying to do a silver squeeze and have been telling users there not to take the bait, just hold / buy more GME. Is someone trying to push inflation? If silver got expensive enough, that would be a problem, and it would be an even bigger problem if these purchases bled into other commodities. If over time it caused inflation to run hot enough, it would push central banks to increase interest rates which is something they really don't want to do right now.
AV
We ain't outta here in ten minutes, we won't need no rocket to fly through space
Shills.
ManofOne
Plus Member
Silver companies are rallying like crazy but the commodity play has been on the rise for sometime now. Copper, Steel, Oil have seen general rises. The supply chain disruptions will definitely be felt this year.
Whether its enough to cause inflation to rise is something we'll have to wait and see.
Whether its enough to cause inflation to rise is something we'll have to wait and see.
HawksWinStanley
Member
Was just reading about this over the weekend and thought to myself "Yeah I'm already too late aren't I?"
CrankyJay™
Member
Scared money makes no money
But to be honest I was in on this before WSB latched on, the FDA just approved their drug for hereditary angioedema, and it's the first drug that is pill based for this indication (the other is injection). So revenues should be pouring in for that next quarter and there's other really promising drugs in their pipeline.
ArtemisClydeFrog
Banned
gamestomp lol. there she goes.
it is over, i lost my ps5de money made earlier, unrealised yet though.
AV
We ain't outta here in ten minutes, we won't need no rocket to fly through space
gamestomp lol. there she goes.
it is over, i lost my ps5de money made earlier, unrealised yet though.
We aren't even at the dip we were at on Thursday's close. Give it time before you call it dead.
LisaMariaMartin
Banned
chin up. maybe you got enough for a series s?gamestomp lol. there she goes.
it is over, i lost my ps5de money made earlier, unrealised yet though.
ArtemisClydeFrog
Banned
Might as well wait till Gamestop goes back to $6 in the next year and sell then, it'd be a better use of the money. XSX or GTFO.
ArtemisClydeFrog
Banned
Nikana
Go Go Neo Rangers!
gamestomp lol. there she goes.
it is over, i lost my ps5de money made earlier, unrealised yet though.
lifa-cobex
Member
Fox Mulder
Member
Limits on Stocks buying.
lol fuck robinhood forever. Delete that shit off your phones.
Nikana
Go Go Neo Rangers!
My money is on the way back to my Bank account while I look for a long term broker. They have destroyed any trust and I will never go back under any circumstance.
Tesseract
Banned
they scrim and scrobble for hedgers, enforcement arm doesn't care because the power players get a slice
portnoy talked about some of this stuff on fox
Tesseract
Banned
fucking brutal, this
www.marketwatch.com
Tesla CEO Elon Musk calls Robinhood CEO 'Vlad the Stock Impaler' and grills him over the GameStop saga
Elon Musk, the chief executive officer of electric-car maker Tesla, became the interviewer on live-audio conversation app Clubhouse on Monday, as he fired...
www.marketwatch.com
BigBooper
Member
If you don't like Robinhood shenanigans, there was a good thread with information about who blocked trades. These reportedly didn't.
- Most Canadian Brokers (Questrade, Qtrade, Disnat, BMO, HSBC, RBC, TD, etc.)
- Most European Brokers (Swissquote, TradeStation, Degiro, Revolut)
- Fidelity
- Vanguard
- WealthSimple (CAN, US)
- Schwab (Margin requirements increased)
- You Invest (JP Morgan/Chase)
- Capital.com
- Wells Fargo - allowed trades but banned its advisors from talking about GameStop
- Nordnet
- Citibank
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HawksWinStanley
Member
Still a worthwhile buy under $11 or do you think things will cool off a bit before more news?
CrankyJay™
Member
My plan is to hold this long term so I think it’s okay to buy in, but I wouldn’t necessarily chase on such a huge day.
Right now their market cap is nearing 2B so they’re going to need to start showing some revenues to justify it. Their drug, Orladeyo is like $400k a year. They can gain patients who don’t like injections or those who don’t respond to the shot.
Someone on WSB has compiled their DD and shared it:
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HawksWinStanley
Member
Good stuff, I did read a lot of that over at r/stocks but I'm just waffling over my entry price. I'd definitely be looking at a long hold but I wasn't sure if I should wait for it to come back to earth a bit or if the action today will be the new "normal" now that everybody is looking to hop into shorted stocks. All I now is that whatever I decide will probably be wrong.
CrankyJay™
Member
So buy here a half or quarter sized position of what you intended. If it goes down then buy more. If it goes up buy more.
It’s hard to time these things.