Current Events > Stock Market General #48

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ElMaton04
12/23/22 11:49:18 AM
#101:


Dat_Cracka_Jax posted...
Why was APE pumping?

Because of the possible conversion to AMC shares, 1 APE share = 1 AMC share, but AMC might do a reverse 1 to 10 split too.

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littlebro07
12/23/22 2:07:42 PM
#102:


Makeveli_lives posted...
Its up 45 percent in a week and we all holding Ls, no shit we get hype to minimize losses

I'm still up about 2k on it

Also I just got excited signing into my Schwab account seeing "+617" for the day and then realized that's including the $1000 deposit I made T_T

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Sol
12/23/22 2:09:03 PM
#103:


Ethereum painting a bull flag on the 6 month chart.
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Dan_Haren-
12/24/22 10:54:22 PM
#104:


Sold all my IMMX...maybe premature but fuck it. I'm hoping for some cooling off in hype with a delay in recruitment to trial results. I just deposited alot more money into Robinhood to pounce on a dip
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littlebro07
12/25/22 12:47:04 PM
#105:


To the moon baby

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littlebro07
12/27/22 9:16:48 AM
#106:


littlebro07 posted...
To the moon baby


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Dan_Haren-
12/27/22 11:14:47 AM
#107:


really hoping IMMX plummets, I just moved alot of money into my robinhood account to jump on a big price drop. I'm hoping for something around 1.30 again but at 1.50 I'm gonna start getting anxious.
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Dan_Haren-
12/27/22 12:32:50 PM
#108:


my brother-in-law bought is so convinced that tesla is gonna go up, he bought it at 190, at 170, 140, and 120. He said if it gets to 100 he's gonna buy more but he's starting to get nervous.

Like, I don't get some people. Tesla was like 60 peak pre-pandemic and was 16-20 range for 6 years before that. Back then Tesla was considered top notch driving technology. Nowadays their reputation is going down for being cheaply built cars, all while every manufacturer has EV in the pipeline.

Using myself as an example, I was dead set on buying a tesla about a year ago. The more I learned about it the more I wanted to wait it out and see what other manufacturers had to offer. Fast forward a year and I'm pretty set on not buying a tesla. Will likely wait for Toyota's hybrid or EV line. I know a few other people who thought the same thing.

Like I don't get why you would allocate so much money into a high risk, moderate reward situation. Theres just so many better options.

This guy is also convinced that technical analysis is the way to go. I'm just like breh....
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littlebro07
12/27/22 1:20:30 PM
#109:


Yeah honestly if you want to invest in an auto company Ford is a pretty good one right now

Once the supply chain issues get sorted out theyre gonna make soooo much money selling Mavericks. Not only are they the truck that most truck owners actually need, theyre the perfect vehicle for companies to have a fleet of. 40mpg with a usable bed and under 25k? Literal perfection.

Shares are cheap and also give a 60 cent dividend each year so its a nice bonus

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Cocytus
12/27/22 1:25:44 PM
#110:


Dan_Haren- posted...
my brother-in-law bought is so convinced that tesla is gonna go up, he bought it at 190, at 170, 140, and 120. He said if it gets to 100 he's gonna buy more but he's starting to get nervous.

Like, I don't get some people. Tesla was like 60 peak pre-pandemic and was 16-20 range for 6 years before that. Back then Tesla was considered top notch driving technology. Nowadays their reputation is going down for being cheaply built cars, all while every manufacturer has EV in the pipeline.
I think it's just that there are more Tesla's on the road. They keep selling, and they're going to need service and all that kind of shit. There's still money there, even if it may not be on a roll.
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theAteam
12/27/22 1:57:13 PM
#111:


Ive bought enough endless dips to know some dips arent just dips.

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Trumpo
12/27/22 2:11:05 PM
#112:


Ford built the compact Ranger for decades and got rid of it.

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littlebro07
12/27/22 2:16:37 PM
#113:


Trumpo posted...
Ford built the compact Ranger for decades and got rid of it.

and it was a travesty, the Maverick is so popular that it literally sold out for both 2022 and 2023 model years within like a day of each one being available to order lol

I know a guy who ordered a 2022 back when they first opened orders up and he still hasn't gotten one. They changed his order to a 2023 model and still no delivery date

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Dan_Haren-
12/27/22 4:30:38 PM
#114:


Tesla 109, wow. 11% loss today.
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C6Driver
12/28/22 5:51:33 AM
#115:


theAteam posted...
Ive bought enough endless dips to know some dips arent just dips.
^This.
Sad, but true.

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theAteam
12/28/22 11:13:37 AM
#116:


sold my enzc for taxes Im out

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TaylorHeinicke
12/28/22 11:14:35 AM
#117:


theAteam posted...
sold my enzc for taxes Im out
littlebro07 in shambles

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littlebro07
12/28/22 11:33:37 AM
#118:


ruined

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theAteam
12/28/22 11:47:50 AM
#119:


You should be excited now it can go back up

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Makeveli_lives
12/28/22 1:03:41 PM
#120:


theAteam posted...
sold my enzc for taxes Im out
You made profit in it at least?

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theAteam
12/28/22 1:13:51 PM
#121:


Makeveli_lives posted...
You made profit in it at least?

not even close Im tax loss harvesting

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Dan_Haren-
12/28/22 2:35:56 PM
#122:


immx booming again up 8% today. I need it to go down so I can re-buy
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littlebro07
12/29/22 11:25:45 AM
#123:


littlebro07 posted...
ruined


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Kitten
12/29/22 11:26:47 AM
#124:


Crypto market seems to be trending upwards
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Dan_Haren-
12/29/22 3:17:58 PM
#125:


Fuck me, IMMX is still booming.
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Cocytus
12/29/22 3:49:51 PM
#126:


Kitten posted...
Crypto market seems to be trending upwards
It has a loooonnnngggg way to go though.
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Kitten
12/30/22 5:28:50 AM
#127:


Cocytus posted...
It has a loooonnnngggg way to go though.

I'd say the bull run will start in 9 months.
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fan357
12/30/22 8:19:25 AM
#128:


I say seven months.

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1337toothbrush
12/30/22 9:39:50 AM
#129:


I say there'll be a bull run in the opposite direction. The release of a central bank digital currency will push for the killing of any competitors in the name of "regulation".

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Kitten
12/30/22 11:14:51 AM
#130:


1337toothbrush posted...
I say there'll be a bull run in the opposite direction. The release of a central bank digital currency will push for the killing of any competitors in the name of "regulation".

Nothing will ever stop DeFi
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castrejon04
12/30/22 12:29:24 PM
#131:


My portfolio is only worth $1,000 now after I'm down by 85%. Two years worth of savings gone. Makes me wonder how much I'll get back if I don't sell in the next two years when the stock market recovers.


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Dan_Haren-
12/30/22 12:40:15 PM
#132:


immx still going up every fucking day. If it goes below $2.00 I'm buying like crazy.
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Dat_Cracka_Jax
12/30/22 1:22:51 PM
#133:


castrejon04 posted...
My portfolio is only worth $1,000 now after I'm down by 85%. Two years worth of savings gone. Makes me wonder how much I'll get back if I don't sell in the next two years when the stock market recovers.
What are you invested in?

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Cocytus
12/30/22 1:37:38 PM
#134:


castrejon04 posted...
My portfolio is only worth $1,000 now after I'm down by 85%. Two years worth of savings gone. Makes me wonder how much I'll get back if I don't sell in the next two years when the stock market recovers.
They say you're supposed to ride it for the long ride though.
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krazychao5
12/30/22 2:12:24 PM
#135:


castrejon04 posted...
My portfolio is only worth $1,000 now after I'm down by 85%. Two years worth of savings gone. Makes me wonder how much I'll get back if I don't sell in the next two years when the stock market recovers.
do you need the $1k anytime soon? If not, then don't worry.

thinking of selling some of my losses and buying another loser stock in my folio with the proceeds.

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castrejon04
12/30/22 2:20:09 PM
#136:


krazychao5 posted...
do you need the $1k anytime soon? If not, then don't worry.

No, but I would had like having all my money back and not invested in the first place. Then again, I would had spent that money on expensive cameras, gadgets, and computer parts if I had that money, so either way it would have been gone by now if I never started investing it.

Dat_Cracka_Jax posted...
What are you invested in?

Mainly AMC, and FUBO TV. I started investing in EVGO and other stocks that don't really make up much of my portfolio. I'm sure FUBO TV will go up again since it's going to become profitable in the long run, and AMC just needs a short squeeze and I'm out.

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Dat_Cracka_Jax
12/30/22 2:50:10 PM
#137:


Okay, I assumed it was some meme stocks. Sorry about that. If you don't already have retirement accounts set up, you should just stick to major index funds and then have a small side pot to play around with that meme stuff

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littlebro07
12/30/22 10:26:14 PM
#138:


Starting my 401k at work with the new year

Just doing 3% of gross pay

youre welcome future me

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CE_gonna_CE
12/30/22 10:27:16 PM
#139:


littlebro07 posted...
Starting my 401k at work with the new year

Just doing 3% of gross pay

youre welcome future me
Good choice, and good time to start. Will that net you the max employer match, or no?

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1337toothbrush
12/30/22 10:50:04 PM
#140:


Bad time to start. It's going to drop 100%.

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littlebro07
12/30/22 10:52:30 PM
#141:


CE_gonna_CE posted...
Good choice, and good time to start. Will that net you the max employer match, or no?

They match 50% up to 6%

I get a 10% raise in about six months and Ill bump it to 6% at that point to get the full match. Trying to knock out some debt quick as well

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Dan_Haren-
12/30/22 11:29:17 PM
#142:


1337toothbrush posted...
Bad time to start. It's going to drop 100%.

I agree but it's still wise to move money into the account and just manually manage it until things normalize aka just put it in bonds or some shit.
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Anony1125
12/31/22 4:23:10 PM
#143:


What a dispiriting first full year of investing. Going to start 2023 $28,033.10 lighter in my portfolio than 2022, and that's despite tossing $40,285 in contributions at a falling knife. Now I'm pretty much tapped out. Was a terrible year to start HFEA, leveraged funds got their teeth kicked in. Here's to a better 2023!

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fan357
01/01/23 1:16:28 AM
#144:


I think the second half of this year will be good for us. Heres to gettin rich!

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littlebro07
01/01/23 1:55:41 AM
#145:


DCA baby

DCA

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littlebro07
01/02/23 5:24:14 PM
#146:


fuck

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Makeveli_lives
01/03/23 10:40:26 AM
#147:


Was up 25 percent on ENZC at one point today. Now its only 17 but still.

Last week was trash though so looks like its going to even out at 5 cents.

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Dat_Cracka_Jax
01/03/23 11:38:17 AM
#148:


It gives back all gains and some each time it pumps

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Makeveli_lives
01/03/23 12:33:16 PM
#149:


Only up 7 percent now

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1337toothbrush
01/03/23 12:54:17 PM
#150:


"Only"

If you're going to check the price this frequently, then you might as well take profits when you're up significantly. Day trade or treat it as a long-term investment.

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