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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
HoodWinked
Member
What in the fuck down 2%
SpartanN92
Banned
Slowly but surely crawling out of a 2.2% drop this morning. I’m now only 1% down.
6 months ago I would have panic sold like a little girl.
6 months ago I would have panic sold like a little girl.
HawksWinStanley
Member
Haven't shorts been attacking that for a while? Good buying opportunity before earnings.
Nikana
Go Go Neo Rangers!
Not entirely sure. I'm new to it.
That's boring! I need the stress in my life.
Somebody help.
ipukespiders
Member
Swing trade on TSLA for 10% gain, sell for tidy profit.
Repeat as necessary.
Nikana
Go Go Neo Rangers!
10k on BTC. Got it!
ipukespiders
Member
Nikana
Go Go Neo Rangers!
What a god damn waste.
I do want to say I appreciate everyone in this thread. As a newbie into the market, I still have less than 10k in, its been a wild ride. Its really hard to keep calm at times but its been a crash corse that has netted me with profits. Not a ton but an extra $1500 in my pocket is nothing to be mad about.
Taxexemption
Member
XLU close to a 52 week high and keeping me in the green today. I don't think I'll ever sell though, I like utilities and dividends. They aren't particularly sexy but I feel good about where that money is.
ipukespiders
Member
My first time experimenting with the devil's lettuce.
godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
I lost $2k when I started investing in weed stocks. Never again. I only stick to industries I understand.
My first time experimenting with the devil's lettuce.
Nikana
Go Go Neo Rangers!
Ok but what about us people that understand nothing? WHAT DO WE DO!?
godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
You’ve been posting on GAF for over a decade, you must have learned by now how the tech/gaming market moves. At the very least you should feel bullish about the space.
I stick to software because that’s what I do, and the data makes sense to me, but years of lurking sites like GAF definitely gave me an edge.
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Nikana
Go Go Neo Rangers!
Have i really been here for a decade? FML.
So when is GAF gonna give an IPO? Im in for 1000 shares.
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ipukespiders
Member
Your join date says Jan 2016 but maybe you lurked for a while too?
Nikana
Go Go Neo Rangers!
Few years. I forgot that was public knowledge, the join date that is.
I lurked for awhile when I was a writer in the industry. Gaming, not financials. Obviously.
ipukespiders
Member
Agreed. Which is why I have a max 5% play fund. I worked in utilities, so it's easier to read those for me.
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godhandiscen
There are millions of whiny 5-year olds on Earth, and I AM THEIR KING.
I wasn’t going by your join date, I just remember your avatar.
Regardless, all those years console warring taught me something. Or at least that’s what I tell myself.
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Nikana
Go Go Neo Rangers!
That war never changes?
Raven117
Member
In the end, its this. Almost always.
Its boring. Its slow. You wont get rich quick. But! Its boring, its slow, and you will get rich in the long run.
CrankyJay™
Member
I'd have nothing to show for anything if it wasn't for my VTI and SPY.
At least my retirement accounts are doing well.
CrankyJay™
Member
Hitting record levels where? World-wide or in the US? US daily case numbers are right where they where during the summer surge in July. Deaths are below that same threshold. Proof to me that the vaccine is taking hold.
This seems like media pearl-clutching.
ipukespiders
Member
A sea of green to start the day.
BigBooper
Member
You ever considered how all these alternative currencies we have now might dampen the effects of a global turndown? Bitcoin is nowhere near the dollar as a currency yet obviously, but I wonder if it will lessen the impact, or possibly even increase the impact from panic currency trading. Might be too unpredictable.
ManofOne
Plus Member
I think the growth in alternative currencies is a symptom of what is transpiring in the global economies. Typically, pre bitcoin people poured money into assets like gold to preserve value.
either two things are happening
1) The explosion in global M2 which caused asset prices to explode which include bitcoin. You saw asset correlations strengthen (there is not enough data on bitcoin to officially declare it a store of value).
or
2) People are perceiving bitcoin to have a store of value and its replacing gold, thus as markets are expecting economic fragility they're pouring their money into bitcoin to preserve wealth.
I'm not sure either way but both scenarios suggest that people are betting against hard currencies and market futures.
CrankyJay™
Member
From my experience it's just people wanting to make a quick buck.
ManofOne
Plus Member
I would normally agree with you but there's too much money involved even from the hedge and investment funds.
I can't help wonder if the age of hard currencies are coming to an end with this explosion in M2.
CrankyJay™
Member
Yeah that's fair, retail money wouldn't push Doge the way it's going. I joined some stock group on FB just for shits and giggles and 95% of the questions are about crypto and how to buy shit called Safemoon and other bullshit.
I'm staying far away from it. One guy said he was up $10000 and decided to cash out, but between the slippage and the conversion fee, he walked away with $250, lol
BigBooper
Member
That would be interesting. Scary for all the seniors who have stored gold for retirement. We might see fewer 'buy gold' ads though.
I just had a flash of inspiration. China, with their communist world domination dreams, should start their own crypto and connect it with their social credit score. I know they are developing a cryptocurrency, but they should tack on a scheme where if you buy in you get a bonus to your social credit score, which they will be rolling out worldwide. I'm sure there would be interest in the US.
I just scared myself.
ManofOne
Plus Member
I don't believe it to fully happen but we've seen a massive shift in market dynamic and power. Retail investors are the second largest group, they're also the most misinformed group.
CrankyJay™
Member
Up 1.7%. Please keep going.
BigBooper
Member
They had a bad subscription report recently. I'm not enthusiastic about em.
Nikana
Go Go Neo Rangers!
I believe they had major production delays. I think at under $500 I would take the risk till next report.
Nikana
Go Go Neo Rangers!
Cobra Kai Season 4 Is Coming to Netflix in Late 2021
Cobra Kai fans have something big to look forward to this year as it's been confirmed by Netflix that season 4 will launch in Q4 2021.
movieweb.com
That does it. Im all in on NFLX. Screw ETFs
HawksWinStanley
Member
Cobra Kai Season 4 Is Coming to Netflix in Late 2021
Cobra Kai fans have something big to look forward to this year as it's been confirmed by Netflix that season 4 will launch in Q4 2021.
That does it. Im all in on NFLX. Screw ETFs
CrankyJay™
Member
Two seasons in the same calendar year? They can just barf these shows out, can't they? lolCobra Kai Season 4 Is Coming to Netflix in Late 2021
Cobra Kai fans have something big to look forward to this year as it's been confirmed by Netflix that season 4 will launch in Q4 2021.
That does it. Im all in on NFLX. Screw ETFs
(I'm in)
GHG
Member
If you want a potential "discount" play in the space then look at T. If it goes tits up you can just sit on it and enjoy the dividend.
ManofOne
Plus Member
I sold netflix a while back. I do not regret my selling. Its not worth it at that price.
StreetsofBeige
Gold Member
First good day in a week and a half! Hallelujah! +2.2%. A couple more days like this and I'm at my all time high again. Last two months have been a slog.
ManofOne
Plus Member
So I was wrong here, stay at home stocks are outperforming this quarter compared to re opening. Suggesting a tilt given global conditions in reopenings.