Current Events > Stock Market General #46

(+) Yeah! (+)

Cocytus posted...

Lot of doomsday talk in here...

It's mainly me. But I'm 2 years I'm gonna come back and say I told u so. Remember me.

https://youtu.be/nwZ0l77wTFc

I think that above video is probably the best, most succinct prediction out there. At the end of the day the stock market gains confidence from inflation plateauing but for inflation to truly go down to 2-3% we are a long way. And as long as we continue to have growth like we have now, inflation won't go down to that level. It all comes down to how determined the fed is. And we know from history that controlling inflation takes priority over all other problems, even if that means sacrificing peoples jobs, livelihoods, investments, etc. So its a matter of time, perhaps not this year, maybe a year from now, maybe 2 years from now, but winter is coming for the stock market. The only alternative to a financial crisis level of recession is if the fed is on board with living with moderate range inflation, like 4-5% for a long period of time. Thats the only way the engineer a "soft landing" but its only soft for the optics. 4-5% inflation and at times higher will have repercussions.

Thats why I'm a pessimist.

I've got my $APE

As expected, nothing special happened. r/amcstock idiots gonna complain about conspiracy even though AA told us this is literally what would happen.

Only difference now is it's slightly harder to keep track of how much money I'm making.

Everything I own is getting pounded today. They are all going to 0.

Started my M1 account in May with an initial $100 deposit and then $25 weekly since then. Total invested has been $525 so far. I'm up to $534.37 as of this post.

I'm gonna be rich

ENZC going to hit $1 EOY?

Sexypwnstar posted...

ENZC going to hit $1 EOY?

the total value of all my shares might be $1 by EOY at this rate

[LFAQs-redacted-quote]


Yea seems like people have trouble seeing obvious pump and dumps. With how many I saw on WSB saying they lost their live savings on it tanking.

Wouldnt be surprised if there were other stocks like that where it just becomes long terms bags with people hoping it will hit those highs again.

Damn, AMC down almost 40% today

Dat_Cracka_Jax posted...

Damn, AMC down almost 40% today

Well not really. The APE makes up the rest. It's still $20 a share.

So it was a split?

Cocytus posted...

Lot of doomsday talk in here...

End of Bear rally.

Back down we go. (Hopefully).

Want to buy a nice big dip

Dat_Cracka_Jax posted...

So it was a split?

1 $AMC + 1 $APE = 1 $AMC from before the split.

If you didn't get your $APE I would be ringing every phone on wallstreet until I got some fuckin answers.

so i had 4 amd, now i have 1 amd and 4 ape. is that how it's supposed to go?

krazychao5 posted...

so i had 4 amd, now i have 1 amd and 4 ape. is that how it's supposed to go?

Unless you sold AMC absolutely not. You should have 4 and 4

Sqqq

Just exited my GUSH position at $185, made a nice $17k profit in about 2 months. I think the oil market still has plenty of room to go up, especially this winter once the natural gas shortage in Europe really starts hitting hard. After getting burned by the meme stocks last year though I am happy to just walk away

https://gamefaqs.gamespot.com/a/user_image/0/9/2/AADT1PAADmAM.jpg

aww yeah

Lol at everyone hyping ENZC last year.

DarkProto05 posted...

Lol at everyone hyping ENZC last year.

to be fair it actually looked like it had a lot of potential back then

littlebro07 posted...

to be fair it actually looked like it had a lot of potential back then

As did many stocks.

AngelsNAirwav3s posted...

Just exited my GUSH position at $185, made a nice $17k profit in about 2 months. I think the oil market still has plenty of room to go up, especially this winter once the natural gas shortage in Europe really starts hitting hard. After getting burned by the meme stocks last year though I am happy to just walk away

Im jealous.

DarkProto05 posted...

Lol at everyone hyping ENZC last year.

People still hyping gme and amc still.

Makeveli_lives posted...

People still hyping gme and amc still.

r/amcstock is 170 IQ

Combined all subscribers

Still up

Makeveli_lives posted...

People still hyping gme and amc still.

gme, amc, enznc...The joker cards of the stock market.

Cocytus posted...

gme, amc, enznc...The joker cards of the stock market.

All three are pump and dumps but it seems with GME/AMC they at least are using the pump and dumps in their favor with share offering to dilute the people still holding them. APE seems like another way to take advantage of the WSB crowd to do share offerings without the shareholders permission.

It is kinda sad in a way if you are holding a stock and all you have is hope it would go back to ATH instead of fundamentals and revenue growth.

DarkProto05 posted...

Lol at everyone hyping ENZC last year.

In defense of ENZC a bubble popped so there are other stocks down 70-90% too. TLRY, RDFN, SE, SQ, PLTR, and PTON are some that come to mind.

Im bagholding WBD right now and it is unlikely other stocks on the list. There is bad news every other day from mainstream sources with what they cut from steaming service.

tesla doing 3 for 1 split today. somehow did not know this was happening. think it'll boost the stock?

krazychao5 posted...

tesla doing 3 for 1 split today. somehow did not know this was happening. think it'll boost the stock?

i forgot about it too lol

BlueTigerLion posted...

All three are pump and dumps but it seems with GME/AMC they at least are using the pump and dumps in their favor with share offering to dilute the people still holding them. APE seems like another way to take advantage of the WSB crowd to do share offerings without the shareholders permission.

It is kinda sad in a way if you are holding a stock and all you have is hope it would go back to ATH instead of fundamentals and revenue growth.

APE was definitely a play to help holders as opposed to hedgies who just loaded up on options.

Getting some more shares of NLY. Only $6.20 and 0.22 quarterly dividend

Imma be rich

Bought SEEL at 0.9, its 1.30 right now

If you guys see Avaya under $1 I want to say take it. I wish I posted this when it was at 0.50 so you guys got your moneys worth :(

Their an IT company that works with government and other companies for IT solutions. They are pretty popular but have been on a downtrend but its at $1.40

If you check price history for past few years, you can see that they dropped from $30 to 0.85 before which I feel is HEAVILY unjustified. They have decreasing revenue and a lot of debt to pay off, so people don't see them ever making enough revenue to pay off debt. They JUST got a new CEO too.

As a company.. even with decline in revenue, I still believe they are worth way more than what it is at now. It is almost disgraceful to see the current share price.

ENZC is literally below a nickel lmao

Shit ass snake oil peddling company

Sexypwnstar posted...

ENZC is literally below a nickel lmao

Shit ass snake oil peddling company

Oh well its only 1200 down the drain if it zeros out

Market is getting absolutely skull fucked today

Sqqq

damn, new daily record
guess UPRO and TQQQ go down sometimes too
https://gamefaqs.gamespot.com/a/user_image/2/0/0/AAO7dSAADmww.png

AHHHHHH. Caps

Anony1125 posted...

damn, new daily record
guess UPRO and TQQQ go down sometimes too
https://gamefaqs.gamespot.com/a/user_image/2/0/0/AAO7dSAADmww.png

jesus christ

Don't worry now, this is what they mean by investing for the long ride. If you didn't plan to take it out anyway, this can still end up positive in the long run.

I am going to buy Porsche shares in a few weeks

Here's hoping we eventually dip below June lows. I wanna see blood out there.

What a fantastic time to be buying

ayy

The fed wants a recession....I don't get how that isn't obvious at this point. Has history not taught people anything?