Stock-Age: Stocks, Options and Dividends oh my!

AMC technicals showing potential.
ManofOne said:
So I just bought $100,000 worth of stock in AMC. These cunts better pull through.

I never done anything like this before.
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tenor.gif
 
So let's say I never have invested in a stock, and am completely green.

if I wanted to throw around $500 today (is that a laughable number?) can anyone give me a super-simple guide to do such and who to go with? Like, let's say I don't even know how to buy shares or whatever.
 
ManofOne said:
Sell if it goes down tomm. The amount invested is a fraction of my portofolio. I only invested this much b/c I have the capital for it. However, I will donate the funds to my church thou and promise never to do it again.
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if you want to be a good guy youz better help fin out as well if you mank a bank XD
 
ManofOne said:
Wait you're account is in a margin (if you're negative). Careful there man.
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? I sold a call at 6.50. I'm only on the hook for the 100 shares selling for 650 instead of the actual price of 2000 or whatever it ends up being. Also I sold all my Bitcoin at 11,000 I'm out like $4000 this year.
 
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finowns said:
? I sold a call at 6.50. I'm only on the hook for the 100 shares selling for 650 instead of the actual price of 2000 or whatever it ends up being. Also I sold all my Bitcoin at 11,000 I'm out like 4000 grand this year.
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You have negative equity i'm seeing there. Maybe i'm wrong and you're balance is positive. Just letting you know be careful you don't get called for a margin call.
 

U.S. state regulator says GameStop trading could be 'systemically wrong': Barron's


"This is certainly on my radar," William Galvin, secretary of the Commonwealth of Massachusetts, told the magazine. "I'm concerned because it suggests that there is something systemically wrong with the options trading on this stock."

GameStop and the office of the securities regulator in Massachusetts did not immediately respond to Reuters' request for comment outside business hours.


The stock surged 50% in extended trade after Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock trading discussion group. "Stonks" is a tongue-in-cheek term for stocks widely used on social media.
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I have no idea what is involved with buying/selling "calls." Such a foreign concept to me.

I feel like every time I get my head wrapped around one investing concept, I discover 10 more that make zero sense, or use confusing language.
 
ManofOne said:
You have negative equity i'm seeing there. Maybe i'm wrong and you're balance is positive. Just letting you know be careful you don't get called for a margin call.
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That's the difference between my contract to sell 100 shares at 6.50 and the actual price of the stock 100 x 16.50. I hope, now you got me freaked out.
 
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I'm not really a populist, but it's amazing how this whole thing proves that the rules only apply for the little guy.

Hedge funds involve themselves in all sorts of shenanigans in the interest of making a buck. If they ruin companies along the way, nobody cares.

Now that a hoard of "normal people" are giving it to hedge funds, who made a risky play to begin with, all the talking heads in the media are yelling and screaming about rules and regulation.

I bet we see regulation against retail investors and potentially limiting or straight up banning of speech on places like Reddit regarding stock trades over this incident.
 
OOOO you cunts. I had an average price of $16.39 sorry and I sold at $15.65 ($50,000 worth) and now its $18.00. OOOO you suns of a beaches.

I'm not doing this shit again. This is why I love value investing.
 
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mid83 said:
I'm not really a populist, but it's amazing how this whole thing proves that the rules only apply for the little guy.

Hedge funds involve themselves in all sorts of shenanigans in the interest of making a buck. If they ruin companies along the way, nobody cares.

Now that a hoard of "normal people" are giving it to hedge funds, who made a risky play to begin with, all the talking heads in the media are yelling and screaming about rules and regulation.

I bet we see regulation against retail investors and potentially limiting or straight up banning of speech on places like Reddit regarding stock trades over this incident.
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If they did that, it will just go to the dark web. It would be against the 1st Amendment anyway.
 
WallStreetBets is getting hammered. There are a million more people, err... Degenerates than when I first visited it yesterday.
 
I'd probably get in on this madness for the lulz, but I literally just funded my first trading account and the money isn't settled yet. I can buy but can't sell. And I don't have any market money in my Vanguard account. I was going to buy some iRobot yesterday unironically, but surprise-surprise, it had been meme'd too.
 
mango drank said:
I'd probably get in on this madness for the lulz, but I literally just funded my first trading account and the money isn't settled yet. I can buy but can't sell. And I don't have any market money in my Vanguard account. I was going to buy some iRobot yesterday unironically, but surprise-surprise, it had been meme'd too.
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I wouldn't go anywhere near GameStop if you can't sell.
 
mango drank said:
I'd probably get in on this madness for the lulz, but I literally just funded my first trading account and the money isn't settled yet. I can buy but can't sell. And I don't have any market money in my Vanguard account. I was going to buy some iRobot yesterday unironically, but surprise-surprise, it had been meme'd too.
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haxan7 said:
I wouldn't go anywhere near GameStop if you can't sell.
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Go for AMC


It is at 19 NOW XD
 
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haxan7 said:
I wouldn't go anywhere near GameStop if you can't sell.
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I'm not, I'll probably buy some of those other stocks that are now on sale as a result of the hedge funds selling them off. But I'll probably wait on those too. It's earnings season, and people who bought in early on high expectations will sell off today / tomorrow, so prices will keep going down.
 
Lol if I had kept my original position of $100,000, I would have earned approximately a quick $17,000.

Edit: I'm gonna sell my remaining $50,000 and donate it I think.
 
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I hope this shit continues. If yall don't realize, large cap is taking a beating today. So large cap was due for a correction. Now is a goodtime to be checking which companies have oversold.
 
ManofOne said:
I hope this shit continues. If yall don't realize, large cap is taking a beating today. So large cap was due for a correction. Now is a goodtime to be checking which companies have oversold.
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Ya. These GME and AMCs will fizzle out at some point but as long as the reddit community keeps it going rotating stocks and were all in the know, this can go on for a while.

My bro just told me KOSS is up big. It is. Crazy.

He gave me some penny stock tips. SNDL and NAKD.
 
StreetsofBeige said:
Ya. These GME and AMCs will fizzle out at some point but as long as the reddit community keeps it going rotating stocks and were all in the know, this can go on for a while.

My bro just told me KOSS is up big. It is. Crazy.

He gave me some penny stock tips. SNDL and NAKD.
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Yea I've decided to keep a close eye on wsb. Bastards
 
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