Board 8 > Stock Topic 12

(+) Yeah! (+)

i think you should all take money out of the stock market and put it into precious metals and cryptocurrencies, especially silver and XRP

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How do I short bitcoin

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Go pump your shitcoin on reddit nerd

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I want to get into gold mining stocks but all the hype about cryptocurrency I'm seeing is scaring me a bit. Feels a little bit like a pump.

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Imagine investing in a biotech company


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Well we sure misplayed SDC.

As someone who has "diversified" between airline stocks (yay the world is getting back to normal) and bitcoin (omg the world is ending), I am a pretty happy camper right now.

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what's your exit plan for the airline stocks? I was going to stick it out with LUV and sell everything else but I just ended up selling it all and buying companies that service engines. I figure those companies will see profits better. GE has had a heck of a month.

I'm also going into DIS for long term.

Also as always DKNG is easy money just don't buy the surges OR just wait for next year.

(thanks for the SDC tip. I sold this morning. I don't know what they do and made 700 bucks)

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Its gonna keep going up today. Glad someone held onto it for a profit.

Why is BABA struggling so much? I want in but it keeps going down.

neonreaper posted...

what's your exit plan for the airline stocks?

Holding until summer 2021 at the earliest. We're only halfway to their peak.

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Why tf is SDC skyrocketing TWO days after its earnings, which werent even that good?

The 54 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 2,324.00, with a high estimate of 2,606.07 and a low estimate of 1,785.89. The median estimate represents a +804.98% increase from the last price of 256.80.

Can that be right? 800%???

Okay Im in on BABA when do I get my money

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Sunroof posted...

The 54 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 2,324.00, with a high estimate of 2,606.07 and a low estimate of 1,785.89. The median estimate represents a +804.98% increase from the last price of 256.80.

Can that be right? 800%???

That would make them a 5 trillion dollar company, so I don't think so. Possibly the price target is in CNY. The exchange rate should be about 7 CNY to 1 USD.

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I'm seeing estimates mostly in the low-to-mid 300s $. It's a buy.

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Any Bitcoin prognosticators on here? My coinbase wallet has doubled in the past few months and I'm tempted to buy more...

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I have ethereum but I don't really know why. glad to help

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I sold all my bitcoin last week.

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Menji posted...

I sold all my bitcoin last week.

at 16?

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Bought back into BABA.

Nelson_Mandela posted...

at 16?

Yes, but I had bought these at 6K and 10K, plus the remains of the ones I bought at the ATH.

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who knows how long this bitcoin rally will last

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barreldragon88 posted...

who knows how long this bitcoin rally will last

That's precisely what I'm asking!

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So uhh does Corsair Gaming do anything beyond gaming keyboards and mice

Because I'm wondering why the heck the stock price keeps going up. It doesn't seem like a company that is really going to grow a ton-- you're getting in for the current profit line and that's it really. Yeah they beat expectations by a good deal but... is there really a lot of growth potential there? Does it warrant anything near a 44 p/e ratio?

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I bought a $40 put on Corsair that expires tomorrow when it was at pretty close to today's peak. Strike is $37.55 I like my chances but we'll see if this is bad gambling.

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Wow. Good catch. I remember that one coming out recently. No idea but it has an impressive (albeit short) history.

Yeah it feels like a fad. I may buy more puts with slightly higher expiration if it surges up again. It feels like a $20-$25 stock to me.

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AMD is finally moving. Apple is going the wrong way though :(

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Next episode of Lopen's negative nancy put show

SOLO. Thing is up way too much off of some new factories. I believe in the company long term but I expect some regression in the next month, perhaps even an offering, and for it to plunge back down to the $5 range. Probably gonna load up on some $6 Dec 18 Puts tomorrow unless it starts plummeting downward before I pull the trigger.

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Wow, I cut my losses on SOLO two weeks ago. Luckily it wasn't much, but still...

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I fucking sucks in day trading this is embarassing
Went into AYRO at 5.60. It peaked 5.85 but I held. Then there was a massive red candle and it went all the way down to 5.24 in an instant. But I still held. Then it was dancing around 5.30 and I said fuck this shit I just my money to be safe so I quit
5 minutes later boom 5.55

Then it finished at 6.18

I "only" lost $60 but I am more annoyed about how much I suck at this
Can't see myself using more than $1000 on stocks like those

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Nanis23 posted...

I fucking sucks in day trading this is embarassing
Went into AYRO at 5.60. It peaked 5.85 but I held. Then there was a massive red candle and it went all the way down to 5.24 in an instant. But I still held. Then it was dancing around 5.30 and I said fuck this shit I just my money to be safe so I quit
5 minutes later boom 5.55

Then it finished at 6.18

I "only" lost $60 but I am more annoyed about how much I suck at this
Can't see myself using more than $1000 on stocks like those

What you are describing is pure gambling.

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Yeah don't buy a stock unless you're ready to just stick with it.

"If you're not willing to hold a stock for 5 years you shouldn't be willing to hold it for 5 minutes" - Warren Buffet (paraphrased)

Selling because I went super red right after buying is how I lost like 2k in the first few months of doing this

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I'm just gonna start going into ETF's for awhile. I think i want to get to 50-80% of my portfolio in there before i start coming back to stocks, and somewhat maintain that allocation. 2% for my penny stocks of course.

I'm liking Ark I think.

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red sox 777 posted...

What you are describing is pure gambling.

Isn't this basically day trading
Also screw technical analysis, nothing can predict if someone wants to dump $500k in an instant-


Lopen posted...

"If you're not willing to hold a stock for 5 years you shouldn't be willing to hold it for 5 minutes"

Five years lol
I wouldn't hold a Chinese EV stock for 5 days (well besides Nio I think, but it's too expensive right now anyway)

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Got fucked by KNDI

I am so good at this

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Note to self -
A company that did a public offering of shares just last week, can and PROBABLY will try again when possible

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Lol Nanis. Youll catch a break eventually.

I need to invest in EVRI. I meant to last night because it always goes up in the morning, especially after a red day.

Sunroof posted...

. Youll catch a break eventually

Just waiting for a NASDAQ dip
The only reason I am not in the red is because of FAANG (and other strong NASDAQ stocks like AMD and NVDA) and QQQ
Almost every other "adventure" I go on is a failure

I "WAS" at +10% in KNDI before they announced this stupid offering

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PUT on Ayro and Solo. 1 month $5 and $6. 3 each. We'll see if this $400 multiplies

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If you want my EV pick right now I'd go with FSR (hasn't popped much holding steady around $16, will probably surge like Xpeng and Li soon) or GM (long term hold, claims it's going for EVs so if it actually starts showing legit commitment it'll probably pop huge)

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Almost up $1,000 in BABA. Holding onto it because I reckon itll only grow.

Neon should I buy this donkey kong dip?

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Sold BABA for $1,300 gain. Havent had a 6% gain like this in months.

I should probably sell my bitcoin huh

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Alright I'm ready for apple to take off...any day now

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Hey you're going the wrong way

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So I am finally back in the green on SPCE with the price over $25. I would have a big profit if I hadn't exercised the world's worst timing to sell all my shares at the bottom at $16 in September to pay some expenses. By the time I bought back in, it was already at $20.

I have the majority of my brokerage account in cash right now, and recently my long term hold stocks have been doing very well, but I'm not sure what to buy with the cash. Nothing I've looked at seems like a great deal. May wait for a significant decline in prices.

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So XPeng is now looking good for a PUT but not sure when to time it...

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