Board 8 > Stock Topic 22

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barreldragon88
02/20/21 4:58:03 PM
#251:


Moonroof, what do you do for a living, if you don't mind sharing?

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Nanis23
02/20/21 5:17:23 PM
#252:


red sox 777 posted...
Are you trying to pay in full for the apartment? What about getting a mortgage? You have more than enough for a down payment (by US standards, I don't know what the rules are in Israel).

As for investing, yeah, you aren't a very good trader. I know it's hard psychologically because it involves risk, but you could try investing - meaning holding stocks for extended periods of time. Maybe think about it this way - if your money is not invested in stocks or real estate or something then it's invested in fiat currency. And as you've seen, investing in USD is pretty bad. Based on what you've been saying recently about only being willing to risk small amounts of money in stocks and that only for short periods of time, I think the reality may be that you have been very heavily invested in USD (or shekels, not sure if your brokerage is storing the money in USD).

It's critical not to beat yourself up over "breaking even." Like if you had made $1,420 more so that you were $10 in the green would it make a real difference? In the grand scheme of things, really it doesn't. Investing in a long term thing, and it's asking too much to expect to make money immediately. There is also a real risk that you won't even make money in the long term, but that risk is why investing is on average profitable.
No, I do not plan to pay in full. I mean it would be ideal, but this is so far away and would require me to live 10 more years with my parents and I am already far too old for this to be "normal"
I could live in a rent but I hate paying for temporary stuff like this (yes I know that probably no one will agree with this and I am not going to defend this, this is just my personal stance)
And yeah, I could take a mortgage right now. As it only requires 25% of the price of the apartment, and as long as I just go for a 4 rooms apartment in a decent location, this should be enough
But the mortgage would bury me and I prefer it to be smaller

Enter 2019 Nanis a novice trader that pretty much doubled his salary in the stock market, sometimes even earned his monthly salary in a single day, even lost $1500 when he panic sold in market open the day after Soleimani was assassinated only to see that by the end of the day everything recovered and went like "heh, no biggie, I will make it back this week"
And yeah this dream of earning a lot of money from the stock market looked real to me
Then 2020 happened

And it still pains me to this day that if I just invested about 1/4 of my money into TQQQ at market bottom, this day I could have paid for an apartment in full
But instead I listened to bears that said the the market crash is not over yet. That it's just a correction and a second crash will come any second

And now I don't go in either because we are after such a long bull run that everyone screams that a crash is coming

I don't want to be a day trader I want to be a investor but even that sounds like a bad idea at this height

Yeah everything is a mess sorry for the rant I am just confused and don't know what to do


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GameStonk
02/20/21 5:22:47 PM
#253:


Nanis23 posted...
I could live in a rent but I hate paying for temporary stuff like this (yes I know that probably no one will agree with this and I am not going to defend this, this is just my personal stance)
There is a common misconception that paying rent is "wasting money" because you're paying for something that isn't appreciating in value. However, depending on your location, buying a place and paying the taxes and upkeep costs will be the net equivalent or greater than paying rent unless you stay for many, many years.

In any case, get your money back in the market on lower-risk assets, be ready to hold long-term, and listen to the regulars in this topic.
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GameStonk
02/20/21 5:25:17 PM
#254:


Honest-to-God Nanis, get in on Ethereum. Even if the boom is at its peak right now (it's not), I am rather confident that its value will increase exponentially long-term since so much crypto runs through it.
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Nanis23
02/20/21 6:12:30 PM
#255:


I currently have $30k in my Interactive Brokers account. I have been thinking of just...spreading this on a various stocks I found interesting
But I am debating a few things -
How much should I put in each stock? 1500 for 20 companies? 2000 for 15 companies?
Is my portfillo diversed enough? this is mostly tech and I don't have any energy, healthcare, oil, travel stocks
Since most of them are tech, maybe it's just better I go for a ETF?
And the main problem with this method - I pay $5 commissions per action. whch would mean if I go by the "1500 for 20 companies" route, I will pay $100 just in purchase commissions, and $100 more to sell everything...
So maybe going for the ETF route is better? but if I am going for long term (say, one year) maybe those commissions are not really bad

Anyway those are the stocks I thought about, by order of how likely they are to be in my portfolio and my opinions on them-
AAPL - A must. Currently on a downtrend but I have no dobuts it will recover
MSFT - Same as Apple
AMZN - Another must, but the stock price is too high for my "2000 per company" rule. Still, I am sure that when (and if) they announce a split, it will rise a lot
KO - I expect it to recovery nicely in 2021 as more countries will go back to normal. Also, dividends
NKE - I underestimated this company but it's clear that it's a monster. A must have
GOOG - Disappointed in earnings half a year ago but then killed it lately. Future is bright
NIO - Super overpriced. But so is Tesla. and doesn't look like Tesla is a bubble to be about to burst. I believe Nio will be able to make a run similar to Tesla at some point
DIS - Streaming service pretty much priced in but it didn't stop Netflix from reaching new heights every damn quarter earnings. And Disney streaming service sounds even more promising
NVDA - Very very expensive. But we need to get used to that. NVDA is the future of chip making while companies like Intel are long behind
AMD - Same as NVDA
FB - I don't trust Facebook so much. It looks like regulators can fuck them up every day. But still, it's a good stock..for now
CRM - Need to see how it performs in it's earning this week
NICE - Killed it this quarter but provided weak forecast so the stock took a nosedive. Still, I believe it will continue going up
PLTR - Too volatile, but plenty of people are bullish on it and there is a lot of hype for it. Hype stocks usually deliver. Usually.
BABA - Alibaba is a strong company and it would have been higher if it wasn't a chinese company. I know I have Nio quite high up but it the CCP doesn't hate Nio as it hates BABA
SEA - New to my list, only learned about a week ago and nobody talks about it. But holy hell they are insane. But probably profitting to much from COVID and....it's risky.
V - Super boring stock from what I can see, but it's consistent, so yay

Stocks I am very much debating about, going into the "probably not..."-
PTON, ZM, SQ, RH, NFLX - I feel like all of those are "covid stocks" and that they peaked. NFLX might be an exception but I don't believe in it. Especially now that Disney is in the picture

Stocks I am following but are super bubbly-
TSLA - The mother of all bubbles. The market doesn't think so. But if it burst and I am inside I will hate myself forever because "I knew it would happen"

WIX - The Israeli's company with the highest market cap? really?

FVRR - Will probably dethrone WIX at this rate. Very unjustified

Other notable stocks I have been thinking about-
PYPL, EBAY, ADBE, LMND

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Nanis23
02/20/21 6:13:30 PM
#256:


GameStonk posted...
Honest-to-God Nanis, get in on Ethereum. Even if the boom is at its peak right now (it's not), I am rather confident that its value will increase exponentially long-term since so much crypto runs through it.
Not a crypto person but thanks for the recommendation!

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wololo
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GameStonk
02/20/21 6:42:48 PM
#257:


Nanis23 posted...
Not a crypto person
What does that mean
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red sox 777
02/20/21 7:07:32 PM
#259:


I mean if you will only consider tech stocks, then you can't complain about lack of diversification. Out of your list, I think I like ZM and SQ the best. After that would be GOOG and AAPL. If I ever think the market is at a top I plan to sell a bunch of my risk stocks and put like 30% of my portfolio in KO, but it's probably too early for that at this point.

But like, if you have been investing in the stocks on your list, you should have made a lot of money from July 2019 to now. So why not? I think you need to figure that out.

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red sox 777
02/20/21 7:21:17 PM
#260:


As far as number of stocks goes, I think 15-20 is a good number for a whole portfolio. But there isn't a need to have that many stocks if they are all going to be in one sector.

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Colegreen_c12
02/20/21 7:43:37 PM
#261:


15-20 stocks seems high for a 30k portfolio. I would personally try to trim it to 10 and get 10 companies

Nanis23 posted...
NIO - Super overpriced

Full stop if you think a stock is overpriced don't buy it.

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GameStonk
02/20/21 8:12:11 PM
#262:


Nanis, what are your investment goals? Are you trying to turn this $30k into a certain amount by a certain time, or do you just want your savings to be making safe, steady gains over time?
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red sox 777
02/20/21 10:15:11 PM
#263:


Yeah, there are thousands of stocks on the market. If you aren't extremely happy with one - just don't buy it and buy something else.

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StartTheMachine
02/20/21 11:02:04 PM
#264:


We found out what we think caused the AVCTW climb. This alert from Casey Research group to buy AVCTW anywhere under 1.50.



Fuck. More legitimate than a pump for sure, but obviously nothing compared to what firsthand news would do. Why the fuck I panic sold (for profits - I only ever "panic sell" for profits) my highest conviction trade for pennies immediately is beyond me. I thought for sure the mix up narrative was accurate and it would dump. This was a hasty emotional sell once again outweighing the convictions of my research.

Hard to be mad right now with my portfolio's recent insanity though. Plus, I had already sold gains and lost my .50 average. .64 was my average so it's only doubled atm. Just please for the love of God don't announce news until I get back in, AVCT. Specifically news related to the AT&T partner exchange you brilliant sons of bitches thank you

As long as AVCT stays classic AVCT and doesn't announce anything, hopefully this should pull back a bit before the week's end. Alternatively it will just run to 3 on Monday and not dump. For now, I still haven't missed the real action, so I'm not too frustrated about selling...yet.

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red sox 777
02/21/21 12:29:45 AM
#265:


FVRR actually looks quite interesting. Has anyone here used them either to hire freelance work or to offer freelance services?

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red sox 777
02/21/21 1:24:12 AM
#266:


NSCC examined the market activity and clearing member margin requirements to consider whether it would be appropriate to adjust or waive the capital premium charge, as permitted under the applicable rule. NSCC determined that the spike in market volatility, particularly in the so-called meme stocks, was a material contributor to elevated VaR charges for several clearing members, including most of those subject to capital premium charges. NSCC determined that it would be appropriate to waive the capital premium charge for all clearing members, using the discretion provided in the rule to reduce or waive this charge.4 Just after 9 a.m., prior to the market opening at 9:30 a.m., updated daily margin statements reflecting the waiver were released in NSCCs portal and revised excess/deficiency notices were emailed to clearing members. All clearing members timely satisfied their clearing fund requirements.

This is from DTCC's letter to Congress dated February 18, 2021. The explanation brokers have been giving about how the trading restrictions were forced upon them by DTCC/NSCC appears not true.

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ExThaNemesis
02/21/21 2:23:59 PM
#267:


red sox 777 posted...
This is from DTCC's letter to Congress dated February 18, 2021. The explanation brokers have been giving about how the trading restrictions were forced upon them by DTCC/NSCC appears not true.

Welp

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GameStonk
02/21/21 3:17:06 PM
#268:


red sox 777 posted...
FVRR actually looks quite interesting. Has anyone here used them either to hire freelance work or to offer freelance services?
I have not but that valuation seems preposterous
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GameStonk
02/22/21 9:18:45 AM
#269:


Crypto correction time. If any late-comers want to get in, now is a good opportunity.
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neonreaper
02/22/21 9:30:02 AM
#270:


hop on board the RIGL train lets go choo choo

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masterplum
02/22/21 9:42:45 AM
#271:


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ExThaNemesis
02/22/21 9:58:00 AM
#272:


why can't stimulus money be out yet there's some tasty dip I wanna buyyyy

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greengravy294
02/22/21 10:03:51 AM
#273:


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StartTheMachine
02/22/21 10:51:15 AM
#274:


The deluge of red continues. AVCT warrants are pulling back though and that's the one thing I want red! Pls keep pulling back all week thanks

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masterplum
02/22/21 11:39:35 AM
#275:


Blur going to bankrupt me, doubling my holding of FPVD

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red sox 777
02/22/21 11:42:43 AM
#276:


Rather regretting not selling some crypto yesterday when BTC was at 58k so that I could buy stocks with all this red today.

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StartTheMachine
02/22/21 12:04:40 PM
#277:


masterplum posted...
Blur going to bankrupt me, doubling my holding of FPVD

We shall go bankrupt together then!

I'm contemplating doubling down below .04 myself but haven't pulled the trigger. Everything there is just market noise for now. Needs positive sentiment from Lou/the ticker change to pick up momentum agsin, could keep bleeding out til then.

I'm too wary of making any purchases I fear I won't be able to sell for a profit immediately, as I want to keep as much free cash as I can for AVCTW. If it ever dumps. Very strong support at a dollar right now.

Crazy, I could have thrown 8k gains from FPVD while AVCTW was in the .60s, instead I decided to go long on this crazy ass stock because I've never seen a reverse merger quite like it before. I am convinced it will run one way or another though, whether it's retail hype picking back up or news of plans from Lou.

I picked the right time to get in on it as a social arb trade (early during the 60% day) and the wrong time to go long on it basically, since I'm holding bags for now. At least glad I trimmed a bunch and have realized gains on it and unrealized losses.

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masterplum
02/22/21 12:06:13 PM
#278:


Yeah, its interesting it feels like a lot of these stocks are just waiting for something to spark them and then profit off of a bunch of greedy degenerates hopping on too late.

The issue of course being if it never catches on, it will just fall into the void

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CaptainOfCrush
02/22/21 12:06:32 PM
#279:


Airline stocks up noticeably today. People wanna vacay

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neonreaper
02/22/21 12:10:45 PM
#280:


nanis, for real just talk to a financial advisor.

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Lopen
02/22/21 12:39:34 PM
#281:


Red day but

greengravy294 posted...
Let's go bp

Lopen = very very green

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SquirtIe
02/22/21 12:42:23 PM
#282:


Please don't buy Ethereum and Bitcoin. Do you think these two are going to last forever? Ethereum as it exists simply cannot scale. Look into Flare Networks and understand Ethereum can easily be replaced, and all its dapps seamlessly migrated. Do you think Bitcoin will just keep going up? Hit 100k just for shits? Not only is the price artificially inflated by Tether, but the coin has no future in payments. Watch the climate change narrative, the energy it takes to mine is a key talking point. Christine Lagarde of the ECB just said there is 0 chance of central banks holding BTC as a reserve currency. Recognize that today there is still no regulatory framework of what constitutes a digital asset, and that regulatory clarity is what will signal to financial institutions that it's time to dive in. If you believe the dollar's time as the world reserve is coming to an end, you need to look at what could actually solve the problems it presents. If you believe digitized assets are the future, you need to consider interoperability and scalability before everything else. Don't just buy into media hype.
I closed my account a couple weeks ago but I came back to make this post because my conscience made me. I'll probably make one last topic on the subject soon explaining why I'm so confident XRP is the future then peace out for realsies. Probably. If not I hope you take some time to do genuine research, a few hours could change your whole life.

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StartTheMachine
02/22/21 12:54:26 PM
#283:


Have you all looked at NNDM? 3D printing company that specializes in circuit boards. Cathie Wood and Ark are invested and very bullish, though I imagine lots of hedgies have been taking profits recently. Looking to get in under 10.

Check the six month chart and you'll see the epic run its been on, so could certainly pull back more than that. But it feels like one of the safest risk/reward plays for a big winner long term. I need to spend significantly more time researching their current standing, but could be my favorite long term pick besides AVCT for now.

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GameStonk
02/22/21 12:57:33 PM
#284:


SquirtIe posted...
Please don't buy Ethereum and Bitcoin.
No.
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GameStonk
02/22/21 12:58:42 PM
#285:


CaptainOfCrush posted...
Airline stocks up noticeably today. People wanna vacay
lol UAL up 7 points after one of its planes fell apart mid-flight

I love this country!!
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neonreaper
02/22/21 1:34:37 PM
#286:


I've been tempted to put a grand in XRP but I can't find a service that allows me to buy it. I feel like the SEC's amended lawsuit suggests they were trying to force a settlement and it makes me actually feel like XRP's case is possibly stronger but it feels like gambling.

at the same time I've been reading about how XRP is going to be "worth 20-30 bucks by the end of the year!" for the past couple of years.

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GameStonk
02/22/21 1:44:48 PM
#287:


Didn't XRP trading get banned on Coinbase? Doesn't sound like a very smart thing to get involved in.
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red sox 777
02/22/21 1:51:26 PM
#288:


StartTheMachine posted...
Have you all looked at NNDM? 3D printing company that specializes in circuit boards. Cathie Wood and Ark are invested and very bullish, though I imagine lots of hedgies have been taking profits recently. Looking to get in under 10.

Check the six month chart and you'll see the epic run its been on, so could certainly pull back more than that. But it feels like one of the safest risk/reward plays for a big winner long term. I need to spend significantly more time researching their current standing, but could be my favorite long term pick besides AVCT for now.

I was just looking at that last night. Looks interesting, although I don't really know anything about 3D printing so I feel like I'm starting to get too far afield from stuff I know.

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red sox 777
02/22/21 1:55:10 PM
#289:


The SEC alleged that XRP is a security, as in, an interest of some sort in or backed by a company. Super risky.

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Nanis23
02/22/21 3:51:12 PM
#290:


Dear stock topic,

Today I died

Fuck you Nio

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Metal_DK
02/22/21 3:51:41 PM
#291:


another good day for pvdg.

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Lopen
02/22/21 3:52:03 PM
#292:


Sell your Nio buy Li Auto

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Nanis23
02/22/21 3:56:08 PM
#293:


StartTheMachine posted...
Have you all looked at NNDM? 3D printing company that specializes in circuit boards. Cathie Wood and Ark are invested and very bullish, though I imagine lots of hedgies have been taking profits recently. Looking to get in under 10.

Check the six month chart and you'll see the epic run its been on, so could certainly pull back more than that. But it feels like one of the safest risk/reward plays for a big winner long term. I need to spend significantly more time researching their current standing, but could be my favorite long term pick besides AVCT for now.
Wow this post

You kniw what. Fuck the market I hope it crash and burn
Calling NNDM "one of the safest risk/reward plays" is the very definition of a bubble
This company is a scam. I rather invest in Nikola rathet than NNDM. I feel ashamed that it's a Israeli company. It's more shitty than the shittiest biotech company

And somehow people keep kissing their ass because of Ark. What the fuck

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StartTheMachine
02/22/21 4:15:04 PM
#294:


Whoa there buddy. I looked into it for like 15 minutes, so I really have no idea if it's as worthwhile an investment as it seems at face value. And I won't buy until I do. I just figure between the insane potential of the technology and the hype, it's got a good chance of success. Most of my big trades have been in stocks that have both of those things going for them.

Speaking of which, ENZC is back on its quest for a dollar. I knew I should have thrown 10k back at it, but I was hoping it would get back down to where I first bought in.

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red sox 777
02/22/21 4:15:18 PM
#295:


Nanis23 posted...
Wow this post

You kniw what. Fuck the market I hope it crash and burn
Calling NNDM "one of the safest risk/reward plays" is the very definition of a bubble
This company is a scam. I rather invest in Nikola rathet than NNDM. I feel ashamed that it's a Israeli company. It's more shitty than the shittiest biotech company

And somehow people keep kissing their ass because of Ark. What the fuck

Could you explain why it's a scam?

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Lopen
02/22/21 4:16:30 PM
#296:


"One of the safest" does sound a bit ridiculous for a 15m DD on a stock that's up 15x on the year and started below a dollar though

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masterplum
02/22/21 4:21:48 PM
#297:


Got completely slaughtered today. Bought the dip on Vldr and FPVD and both kept plummeting.

I am regretting this foray into penny stocks

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StartTheMachine
02/22/21 4:26:05 PM
#298:


Lopen posted...
"One of the safest" does sound a bit ridiculous for a 15m DD on a stock that's up 15x on the year and started below a dollar though

okay fair point lmao

I meant safest when weighing risk reward of SPACs (long term) and also not at these prices though okay

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StartTheMachine
02/22/21 4:27:07 PM
#299:


Basically I just want to own all 3D printing stonks in the near future I think

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GameStonk
02/22/21 4:31:45 PM
#300:


Nanis23 posted...
Dear stock topic,

Today I died

Fuck you Nio
Why do you come here if you don't want to take anyone's advice?
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Nanis23
02/22/21 5:06:46 PM
#301:


StartTheMachine posted...
Whoa there buddy. I looked into it for like 15 minutes, so I really have no idea if it's as worthwhile an investment as it seems at face value. And I won't buy until I do. I just figure between the insane potential of the technology and the hype, it's got a good chance of success. Most of my big trades have been in stocks that have both of those things going for them.

Speaking of which, ENZC is back on its quest for a dollar. I knew I should have thrown 10k back at it, but I was hoping it would get back down to where I first bought in.
Oh, no, don't take it personally. I just hate the stock

As it's a Israeli company I was following it for some time and I read people experience with it. Granted that was the "old NNDM" before they decided to leave our stock exchange. The day the left they announced some kind of a deal and went +300%. Fast forward a few months later, ARK invested in them and yeah...up a lot more since

Anyway, as you said you looked at their graph you probably noticed something - this stock, before the last few months, went -99% in each year. The market didn't believe in them and rightfully so. Look at their earnings. They barely make any money and they spend so much...on what?
They also have plenty of cash on hand because they keep making offerings and dilluting the shares
Looking at the graph and thinking the stock went up 1600% is not telling the whole story.
In the last few months they have made at least!! 5 underpriced offerings while the stock price kept climbing up.
They are, right now, the 18th highest Israeli company by market cap
They don't deserve it. They don't deserve even being 180th highest.

Proper Disclosure - I was never invested in NNDM and was never hurt by it so none of my hate towards it is because of a personal loss or whatever
It just smells scam

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