Board 8 > Stock Topic 29

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Sunroof
05/07/21 6:08:03 PM
#1:


Blue chip stocks seem to be doing well, crypto sans Bitcoin is gaining momentum, and big tech earnings have done mostly well. Whats next?
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Zachnorn
05/07/21 6:17:43 PM
#2:


Dogecoin at $420.69.

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Lopen
05/07/21 6:31:31 PM
#3:


You definitely want to sell most of your DOGE a bit before SNL

Buy the rumor sell the news. DOGE is no different than a biopharma stock here.

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Zachnorn
05/07/21 6:35:47 PM
#4:


It's definitely overhyped. SNL is not going to be an explosion for Dogecoin. I don't think Elon Musk can really use it as a platform to suggest an investment and I don't imagine that the people that are watching would care enough to put money into it.

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Sunroof
05/07/21 6:36:51 PM
#5:


If Elon mentions it during his time then it will certainly spike.
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Lopen
05/07/21 6:50:34 PM
#6:


Sunroof posted...
If Elon mentions it during his time then it will certainly spike.

I honestly think that's priced in and it's going to plunge the moment he steps off the stage pretty much and people see that it didn't spike (or spiked very little)

Which you can time for gains but I think selling the way up is going to be the play that makes more money here.

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ChainLTTP
05/07/21 6:55:38 PM
#7:


Lopen posted...
I honestly think that's priced in and it's going to plunge the moment he steps off the stage pretty much and people see that it didn't spike (or spiked very little)

Which you can time for gains but I think selling the way up is going to be the play that makes more money here.
I agree. This thing swings way too much for me to wait. Will happily take my gains at 90 cents or whatever and then buy the dip another day.
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Sunroof
05/07/21 6:57:22 PM
#8:


I think its more likely than not that he will not mention it, but if I had my money in DOGE I would not sell it before he airs.
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ChainLTTP
05/07/21 7:06:46 PM
#9:


However the history of DOGE would lead us to conclude that it's just going to keep going up and up just when you think everyone is going to dump
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masterplum
05/07/21 7:21:17 PM
#10:


Oh yeah everyone is going to sell doge after SNL

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Nanis23
05/07/21 8:04:02 PM
#11:


masterplum posted...
Oh yeah everyone is going to sell doge after SNL
Oh god I didn't think about this
Fitting I guess that I bought the top...like always
Well, it's just $70 so whatever

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wololo
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Lopen
05/07/21 8:06:30 PM
#12:


It's not the top yet. Still time to sell at a gain.

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Sunroof
05/07/21 11:13:17 PM
#13:


So I just learned that the way to figure out which stocks offer the best covered call options is to divide its current price by the current bid price. The higher the number, the more premium youll get. I plan on identifying the highest ones, setting a call for the lowest strike out-the-money strike price, and taking the premium. I dont care how much profit I lose out on by setting a low strike price. I just want weekly gains.

Maybe someone can confirm, but my understanding is that when a high premium value is offered for a low strike price, its because the stock is expected to go. Not that its expected to go down.
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Sunroof
05/08/21 10:33:13 AM
#14:


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neonreaper
05/08/21 6:12:11 PM
#15:


ETH is on a cocaine rampage


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Nanis23
05/08/21 6:46:15 PM
#16:


Oh no Doge is starting to get fucked who saw it comingggg

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wololo
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DoomTheGyarados
05/08/21 11:33:24 PM
#17:


Made 230 dollars in 5 minutes. Thanks doge

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Jakyl25
05/08/21 11:37:47 PM
#18:


LMAO 12% drop in one minute
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masterplum
05/08/21 11:46:33 PM
#19:


Doge mentioned by Elon....

In a mocking way

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ChainLTTP
05/08/21 11:51:09 PM
#20:


SNL is really unfunny
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MoogleKupo141
05/08/21 11:52:15 PM
#21:


this is particularly bad
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ChainLTTP
05/08/21 11:52:32 PM
#22:


Lmao I'm losing so much money
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ChainLTTP
05/08/21 11:57:59 PM
#23:


I think RH paused trading?
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ChainLTTP
05/09/21 12:05:42 AM
#24:


Holy fucking shit this app is criminally bad. I literally can't sell.
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DoomTheGyarados
05/09/21 12:07:17 AM
#25:


At this point I would hold and pray for a bounce tbh

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Jakyl25
05/09/21 12:09:52 AM
#26:


ChainLTTP posted...
Holy fucking shit this app is criminally bad. I literally can't sell.


I mean it is criminally bad, in a literal sense. I thought that was clear already
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ChainLTTP
05/09/21 12:10:51 AM
#27:


DoomTheGyarados posted...
At this point I would hold and pray for a bounce tbh
Yeah I'm with you but what the actual fuck is going on? Robinhood is literally preventing people from cutting their losses, which is literal theft!
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masterplum
05/09/21 12:15:02 AM
#28:


The SNL pandemic conversation skit was incredible.

The Icelandic one was one of the least funny things I have ever seen

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ChainLTTP
05/09/21 12:16:46 AM
#29:


Well I guess I'm just fucked.

Class action lawsuit time

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masterplum
05/09/21 12:17:49 AM
#30:


Also why the hell are you guys still on Robinhood.

They revealed what they were when they stopped letting people buy GameStop. This shouldn't shock anyone

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Nanis23
05/09/21 12:18:20 AM
#31:


And boom
RIP Doge

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wololo
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ChainLTTP
05/09/21 12:19:43 AM
#32:


masterplum posted...
Also why the hell are you guys still on Robinhood.

They revealed what they were when they stopped letting people buy GameStop. This shouldn't shock anyone
This was the only realistic option to buy doge in NY before Gemini opened it up
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masterplum
05/09/21 12:21:01 AM
#33:


ChainLTTP posted...
This was the only realistic option to buy doge in NY before Gemini opened it up

Then

Dont buy Doge

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ChainLTTP
05/09/21 12:21:37 AM
#34:


At this point I might as well hold *shrugs*
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Forceful_Dragon
05/09/21 12:22:06 AM
#35:


There has actually been a surprising amount of resistance in the 40s

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Nanis23
05/09/21 12:23:53 AM
#36:


ChainLTTP posted...
Holy fucking shit this app is criminally bad. I literally can't sell.
Isn't this a circuit breaker? I know stocks has them but I am not sure about crypto
If it is, then Robinhood isn't the only one to do that

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wololo
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Forceful_Dragon
05/09/21 12:25:53 AM
#37:


It isn't a circuit breaker I have been watching all the orders fly by on binance.

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Jakyl25
05/09/21 12:26:45 AM
#38:


Dead cat bounce more like dead dog bounce am I right?
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Jakyl25
05/09/21 12:29:11 AM
#39:


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masterplum
05/09/21 12:29:21 AM
#40:


Jakyl25 posted...
Dead cat bounce more like dead dog bounce am I right?

Elon said to the moon on SNL

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Nanis23
05/09/21 12:32:05 AM
#41:


Jakyl25 posted...
https://twitter.com/askrobinhood/status/1391247108078915588?s=21

Legion of SephGs in the replies
Oh it's a technical problem? Fun

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wololo
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ninkendo
05/09/21 12:34:12 AM
#42:


Increased my total doge by about 5000 during that drop

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Nanis23
05/09/21 12:35:41 AM
#43:


ninkendo posted...
Increased my total doge by about 5000 during that drop
Somehow I can't really see you as a investing/trading person on meme stocks/crypto but maybe I am wrong!

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wololo
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red sox 777
05/09/21 12:35:56 AM
#44:


LOL Robinhood. After seeing how they screwed people over a few months ago, this shouldn't be surprising that they aren't letting you trade precisely when you most want to.

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Jakyl25
05/09/21 12:38:15 AM
#45:


Nanis23 posted...

Oh it's a technical problem? Fun


Its probably not really a technical problem. This happens constantly whenever theres a significant crypto event. The app suspiciously has a major crypto outage

And this is after they already declared that they would have staff at the ready to handle the predicted surge in Doge trading tonight.
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ChaosTonyV4
05/09/21 12:39:18 AM
#46:


ninkendo posted...
Increased my total doge by about 5000 during that drop

Youre jumping on more right now?

This Kinda feels like the end.

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Phantom Dust.
"I'll just wait for time to prove me right again." - Vlado
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Zachnorn
05/09/21 12:39:50 AM
#47:


There's a reason why I call it RobTheHood.

Anyway, I sold my Dogecoin earlier for like $2 profit. Would have made a loss if I sold now. Only bought $50 of it.

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ChaosTonyV4
05/09/21 12:41:44 AM
#48:


The only reason Doge was bouncing was because Elon was hyping it up, but now twice in two days hes mocked it.

I could be totally wrong because who knows, but I wouldnt be surprised if its dead.

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Phantom Dust.
"I'll just wait for time to prove me right again." - Vlado
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Jakyl25
05/09/21 12:42:26 AM
#49:


ChaosTonyV4 posted...


Youre jumping on more right now?

This Kinda feels like the end.


Its actually not I dont think. It looks like just a correction to the artificially inflated Elon SNL surge

Holding strong in the low .50s. If it was truly over it would have crashed to like 13 cents
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ninkendo
05/09/21 12:45:11 AM
#50:


There still might be a massive sell off as soon as snl ends

I don't think it will be too big but I'm ready for it just in case. Up $2500 in the past 10 minutes though

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