Current Events > Stock Market General #24

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krazychao5
02/25/21 11:00:57 AM
#404:


Lebronwon posted...
Welp, I tried the serious long term investing into the stable and growth stocks and its all down. Even bought shares of APPL and MSFT thinking that was their dipped and it dipped further. Same with JMIA, BAC, and LUV.

Guess it time to jump back into the meme stuff since trying long term investing isn't working. If those keep going down while meme stuff are up right now.
bruh...it's long-term. you typed it out a couple times but i'm not certain you know what that term means.

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TheGoldenEel
02/25/21 11:01:06 AM
#405:


Lebronwon posted...
Welp, I tried the serious long term investing into the stable and growth stocks and its all down. Even bought shares of APPL and MSFT thinking that was their dipped and it dipped further. Same with JMIA, BAC, and LUV.

Guess it time to jump back into the meme stuff since trying long term investing isn't working. If those keep going down while meme stuff are up right now.
Long term is a span of years bro

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Lebronwon
02/25/21 11:06:04 AM
#406:


krazychao5 posted...
bruh...it's long-term. you typed it out a couple times but i'm not certain you know what that term means.

Having 2k tied up to them and getting $50 between them doesn't really help. Compared to GME going from $40 to $140 overnight. If I had put that 2k into GME or AMC would have more money to put into the long term stuff so those gains are bigger.

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krazychao5
02/25/21 11:07:32 AM
#407:


Lebronwon posted...
Having 2k tied up to them and getting $50 between them doesn't really help. Comapared to GME going from $40 to $140 overnight. If I had put that 2k into GME or AMC would have more money to put into the long term stuff so those gains are bigger.
yeah you could have, or it could have dropped 80% in value and then you sitting on a loser while the long-term plays make steady gains and pay dividends that are reinvested and in a few years you end up losing thousands of dollars.

investing is not a sprint. the day traders end up doing worse that buying and holding in time.

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C6Driver
02/25/21 11:11:22 AM
#408:


MachineJaipur posted...
MMEX has died for me

I'm down 77%

Lmfao
Because it is down, i bought 3k shares, so now I have an even 5,000 shares.

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''The future's uncertain and the end is always near.'' Jim Morrison
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TheGoldenEel
02/25/21 11:13:20 AM
#409:


Why do you like MMEX?

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C6Driver
02/25/21 11:14:21 AM
#410:


I really don't understand why Fidelity is letting me buy some OTC penny stocks, but not other ones. Even have settled cash & signed their OTC agreement, WTF ?!?
I need & want LTNC stock in my portfolio !

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BignutzisBack
02/25/21 11:15:23 AM
#411:


Getting stressed out watching GME fluctuate, I put a sell limit order for $150 on one of my shares, if it goes I'm just going to ride my other share into the ground.

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BignutzisBack
02/25/21 11:15:56 AM
#412:


C6Driver posted...
I really don't understand why Fidelity is letting me buy some OTC penny stocks, but not other ones. Even have settled cash & signed their OTC agreement, WTF ?!?
I need & want LTNC stock in my portfolio !

They are dick wads and will blacklist any even slightly suspicious penny stock, I moved to Charles Schwab for this exact reason

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C6Driver
02/25/21 11:16:58 AM
#413:


TheGoldenEel posted...
Why do you like MMEX?
Are you asking me or someone else ?
If me, If I really liked MMEX , I would've bought more than 5k shares.

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BignutzisBack
02/25/21 11:18:03 AM
#414:


I have 65,000 shares of MMEX and I'm super butt hurt right now that I can't add another 40,000 with this discount

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TheGoldenEel
02/25/21 11:18:49 AM
#415:


C6Driver posted...
Are you asking me or someone else ?
If me, If I really liked MMEX , I would've bought more than 5k shares.
Ah ok

Looking at the history it looks like it was a pump and dump, not worth buying into at this point

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Lebronwon
02/25/21 11:19:24 AM
#416:


krazychao5 posted...
yeah you could have, or it could have dropped 80% in value and then you sitting on a loser while the long-term plays make steady gains and pay dividends that are reinvested and in a few years you end up losing thousands of dollars.

investing is not a sprint. the day traders end up doing worse that buying and holding in time.


Well the news seems to be saying people afraid of inflation so holding stocks overnight doesn't seem like something to be doing anymore for me. You are free to keep holding your stocks but Im going to just day trade until the market rotation is over.

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krazychao5
02/25/21 11:23:34 AM
#417:


Lebronwon posted...
Well the news seems to be saying people afraid of inflation so holding stocks overnight doesn't seem like something to be doing anymore for me. You are free to keep holding your stocks but Im going to just day trade until the market rotation is over.
yeah, no shit. unless brokerage firms once again limit what we can buy.

and there will always be "market rotation".

i am just imparting long known wisdom regarding training. you gonna be stressing with all your money on the line every day and watching the market and making bad trades. that's what day traders do.

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C6Driver
02/25/21 11:23:44 AM
#418:


BignutzisBack posted...
They are dick wads and will blacklist any even slightly suspicious penny stock, I moved to Charles Schwab for this exact reason
I filled out a feedback form on Fidelity. Better than doing nothing about it.

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Lunar_Savage
02/25/21 11:38:24 AM
#419:


TheHoldSteady posted...
what price are you all planning on dumping HCMC at?

I have 20k shares. I'm tempted to buy more while down here at .0024/share but tomorrow is the day PM has to reach a decision to go to court, settle, or get an extension. And in case it spikes, I don't want to risk a good faith violation (I think that's how that works?) by trying to sell the next day on unsettled cash.

But otherwise, my goal is .10-.50 and I'll sell at least half my shares (I need some profit coming in). We'll see what happens.

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lilORANG
02/25/21 11:44:11 AM
#420:


MachineJaipur posted...
MMEX has died for me

I'm down 77%

Lmfao


Yeah, I thought I was buying on a dip but it just kept going down lol. It'll pick up (hopefully).
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Vampire_Wreath
02/25/21 11:46:22 AM
#421:


Not dumping HCMC for a while court case or not.

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#422
Post #422 was unavailable or deleted.
littlebro07
02/25/21 11:50:13 AM
#423:


Looks like another day chugging along in the mid to high 60s range for ENZC

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Vampire_Wreath
02/25/21 12:12:33 PM
#424:


Very nice, GME already back up to 140 and climbing!

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BignutzisBack
02/25/21 12:16:51 PM
#425:


My sell order for GME just triggered at $150, now I just have one share left I can panic over

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Vampire_Wreath
02/25/21 12:20:31 PM
#426:


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#427
Post #427 was unavailable or deleted.
CE_gonna_CE
02/25/21 12:27:05 PM
#428:


Ex-Kefiroth posted...
Nasdaq is down almost 2.5%.

Whats the threshold for trotting Powell out in front of a microphone to tell erotic stories about QE?
He might do a striptease if we hit 20%. Time will tell.

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ToPoPO
02/25/21 12:27:14 PM
#429:


I really don't like TD Ameritrade, I paid $5,295 for shares of an OTC stock but it keeps saying that the "cost" is $5,000; so if I sold at $5,100 for a "profit" as if it would be green, I would actually be at a loss but would be recorded as a profit?

Or am I just doing this wrong? The commission should just be $6.95 for just the order...
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Isaac1987
02/25/21 12:35:42 PM
#430:


Is it a good time to get Tesla or wait?
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Lord_Shadow_19
02/25/21 12:38:14 PM
#431:


Isaac1987 posted...
Is it a good time to get Tesla or wait?

I still think Tesla is overvalued, but I'm not an expert.

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The Trent
02/25/21 12:48:28 PM
#432:


i let this be me!


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AngelsNAirwav3s
02/25/21 12:56:41 PM
#433:


GME blast off

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Vampire_Wreath
02/25/21 12:57:28 PM
#434:


GME is coming back for the bagholders


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DyingPancake
02/25/21 12:59:02 PM
#435:


Vampire_Wreath posted...
Not dumping HCMC for a while court case or not.

This is what Im considering since they have some promising stuff lined up for the future.

I think my main goal is .10 and ultimate goal is .50 before selling

Just not sure if I should get a tiny bit more or not

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Vampire_Wreath
02/25/21 12:59:22 PM
#436:


It's going crazy now that the $160 wall was broken

$200 limit order wall next

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The Trent
02/25/21 12:59:23 PM
#437:


i'm down 10k today lol

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Nu_Titan
02/25/21 12:59:58 PM
#438:


The Trent posted...
i'm down 10k today lol

13k here.

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Vampire_Wreath
02/25/21 1:00:25 PM
#439:


BNGO and SESN dying for GME RIP

It'll be great to buy back in though later

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BignutzisBack
02/25/21 1:00:58 PM
#440:


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#441
Post #441 was unavailable or deleted.
littlebro07
02/25/21 1:06:07 PM
#442:


Booo, ENZC in the red now

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Damn_Underscore
02/25/21 1:08:07 PM
#443:


Market tanking...

I wish there was an anti-Hyperbolic Time Chamber that you could go in for one day and when you exit it will be one year from now

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WrkHrdPlayHrdr
02/25/21 1:08:43 PM
#444:


TheGoldenEel posted...
Why do you like MMEX?

Yeah I don't get the MMEX love. I bought 1500 shares a couple weeks ago just as an "in case it takes off" but everything I have read seems to be 50 percent saying it's legit and 50 percent saying it's a scam. I don't see that high of scam ratio usually. I'm wary but it's only 1500 shares i'm in for.

People seem to be hyping up some imaginary oil refinery with MMEX? I saw a post on Reddit where someone called the city where the refinery was to be built and was told there's nothing being planned.

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ToPoPO
02/25/21 1:08:56 PM
#445:


I honestly want to liquidate a large portion of my positions and put it into GME

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Trumpo
02/25/21 1:12:30 PM
#446:


BignutzisBack posted...
Damn it why did I sell at $150 lol
Cuz you a paper hand
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Lord_Shadow_19
02/25/21 1:15:59 PM
#447:


Damn, I shouldn't have sold...

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samurai bandit
02/25/21 1:17:17 PM
#448:


ToPoPO posted...
I honestly want to liquidate a large portion of my positions and put it into GME

Resist the FOMO. Its too risky now imo

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ToPoPO
02/25/21 1:17:23 PM
#449:


It just dropped $10 in legit 4 seconds

jesus
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Vigrim
02/25/21 1:25:01 PM
#450:


Future_Trunks posted...
man, are you guys gonna let all this shit ride out? everything has been down past few days

futures aren't looking great either

wonder if we will see an actual crash

but on the other hand,fed keeps printing money and stuff should be opening back up in a few months

and time in market always shows that you'll do better to hold
Gonna ride it out, apparently a bunch of ETFs are being shorted to drop GME:

https://www.reddit.com/r/GME/comments/ls830a/found_the_reason_for_the_dip_they_are_shorting/

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ToPoPO
02/25/21 1:27:10 PM
#451:


I'm going to age about 5 years after this is all over
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The Trent
02/25/21 1:27:58 PM
#452:


i am absolutely not taking my money out of the market lol

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AngelsNAirwav3s
02/25/21 1:28:51 PM
#453:


Sold my GME like a paper handed bitch at $170, nice 100% gain since yesterday tho.

Decided to dump some of that money into UVXY... betting high on the market totally shitting this afternoon and tomorrow!

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