Current Events > Stock Market General #37

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PatrickMahomes
06/30/21 11:04:45 AM
#153:


vbty3 posted...
How do yall find these runners?
I wouldn't look at this thread (or threads like this on any media) as evidence that the people are wildly successful by any means. When people are making big splashes on a good spin, they tend to post about it.

What you don't see is when they make big gambles on a meme stock and lose 69%.

So you tend to see a lot higher ratio of success:failure simply because people are much less likely to post about their failures.

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vbty3
06/30/21 11:11:52 AM
#154:


PatrickMahomes posted...
I wouldn't look at this thread (or threads like this on any media) as evidence that the people are wildly successful by any means. When people are making big splashes on a good spin, they tend to post about it.

What you don't see is when they make big gambles on a meme stock and lose 69%.

So you tend to see a lot higher ratio of success:failure simply because people are much less likely to post about their failures.
Thanks. This and the WSB post make me feel like less of a failure.

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E_S_M_Z
06/30/21 11:18:05 AM
#155:


vbty3 posted...
Thanks. This and the WSB post make me feel like less of a failure.

Can likewise confirm I haven't posted a number of my bloodbaths lol.
To make you feel better, here's my current cumulative performance on my biggest losers:

BB -34%
BSSP -51%
ENZC -33%


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Makeveli_lives
06/30/21 11:26:14 AM
#156:


E_S_M_Z posted...
Can likewise confirm I haven't posted a number of my bloodbaths lol.
To make you feel better, here's my current cumulative performance on my biggest losers:

BB -34%
BSSP -51%
ENZC -33%
You need to average down on enzc. Me I'm about to put 300 bucks on 5 pennies, so 60 bucks each. I'd only need one to do well so fuck it.

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Lebronwon
06/30/21 11:35:19 AM
#157:


E_S_M_Z posted...
Can likewise confirm I haven't posted a number of my bloodbaths lol.
To make you feel better, here's my current cumulative performance on my biggest losers:

BB -34%
BSSP -51%
ENZC -33%

Hopefully that stuff turns around for you. Since I stopped playing penny stocks my biggest loser over the last two months was DKNG. It tanked like 30% in early may. It recovered only to tank like 20% in a day again after a short seller report earlier this month

Apologies for it being another survivorship bias story but that stock rebounded both times. I averaged down and it worked out but that probably doesn't work for every stock. Like DIS is my next biggest loser I bought in at 185 and it hasn't been over $180 in a while but the loss isnt life damaging. And I feel it more likely it rebounds than goes to zero unless there is another wave of COVID in US.

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E_S_M_Z
06/30/21 11:58:50 AM
#158:


Lebronwon posted...
Hopefully that stuff turns around for you. Since I stopped playing penny stocks my biggest loser over the last two months was DKNG. It tanked like 30% in early may. It recovered only to tank like 20% in a day again after a short seller report earlier this month

Apologies for it being another survivorship bias story but that stock rebounded both times. I averaged down and it worked out but that probably doesn't work for every stock. Like DIS is my next biggest loser I bought in at 185 and it hasn't been over $180 in a while but the loss isnt life damaging. And I feel it more likely it rebounds than goes to zero unless there is another wave of COVID in US.

Thanks! I'm sure they will, ENZC will get back up sooner or later, and BB will also rise eventually, except maybe BSSP...which ironically is up 67% today, lol.

It's good to post survivor stories, too, to let people know stocks do indeed go back and forth. You only actually lose any money if you sell, after all.

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ENZC
06/30/21 12:08:39 PM
#159:


https://i.imgur.com/0peaTgR.png

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littlebro07
06/30/21 12:20:12 PM
#160:


TheGoldenEel posted...
Days like this I just use the Zillow value of my home to feel okay about myself

at least that market is consistently great (right now)


Yeah Im pretty happy with mine too now that its past 300k. Bought 22 months ago for 257k



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krazychao5
06/30/21 12:35:00 PM
#161:




It appraised for $357k

Just need to do a little work on the inside with painting and fixing minor things and ready to move in

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CE_gonna_CE
06/30/21 12:35:29 PM
#162:


The townhome I bought for $166k in 2005, that went down as low as $70-80k at the lowest point of the 2008-2012 housing crash, is now up to $170-$180k. Feels good, man.

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theAteam
06/30/21 12:58:33 PM
#163:


Lol I literally can't even find a home of any quality for the prices I'm seeing here.

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TheGoldenEel
06/30/21 1:01:36 PM
#164:


theAteam posted...
Lol I literally can't even find a home of any quality for the prices I'm seeing here.
Live somewhere better imo

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E_S_M_Z
06/30/21 1:02:43 PM
#165:


Yup, lol. I bought a brand new condo 2 years ago (Which somehow went from 300K to 375K this year :) instead of a house mostly because any similarly priced house in my area was an utter piece of crap, lol.

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krazychao5
06/30/21 1:11:49 PM
#166:


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littlebro07
06/30/21 1:19:15 PM
#167:


krazychao5 posted...


i'm real excited to use this shower lmao

wtf

so jealous

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E_S_M_Z
06/30/21 1:21:25 PM
#168:


krazychao5 posted...
i'm real excited to use this shower lmao


I mean this with love, but congratulations and fuck you lol.
And I even have a really nice bathroom myself, lmao.

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BobanMarjanovic
06/30/21 8:42:33 PM
#169:


Tempted by VeChain right now...

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Tyranthraxus
06/30/21 10:57:10 PM
#170:


I thought this said AMC at first an I nearly had a heart attack.



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#171
Post #171 was unavailable or deleted.
littlebro07
07/01/21 9:52:56 AM
#172:


jeffhardyb0yz posted...
Nothing today?

ENZC is actually green at the moment

Barely, but Ill take it

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Tyranthraxus
07/01/21 9:55:30 AM
#173:


Markets are so weird in the morning.

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littlebro07
07/01/21 10:09:13 AM
#174:


littlebro07 posted...
ENZC is actually green at the moment

Barely, but Ill take it

Son of a bitch I did it again

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Legato-and-Vash
07/01/21 10:13:37 AM
#175:


What's everyone's prediction on HCMC?

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Makeveli_lives
07/01/21 10:21:30 AM
#176:


Hopefully EENF doesn't fail. Didn't know there was a 50 dollar fee for buying. Got a hundred so I'm already down 50 bucks to start lol.

And got another 150 of ENZC to put me above 8k shares.

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E_S_M_Z
07/01/21 10:43:35 AM
#177:


Most of my lingering stocks are ones I'm planning to hold through the end of the year in expectations of some development or another, so I don't much to add besides occasionally complaining or talking about big swings.

Speaking of, SLS more excellent clinical trial news, again, and plummeted, again, lmao. This has happened a few times this year.
I think people are buying in and then selling off. Probably a good way to make some money if I buy in at the current level, sell off when it goes way up, and then buy in again when it goes low again...but I'm also holding till the drug ends trials and goes into production.

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C6Driver
07/01/21 11:42:14 AM
#178:


Got a nice lil' bump up in my portfolio today. 20 shares for anniversary of my tenure w/ NUE.
I also use the ESPP to buy at least 2-4 shares of NUE each month.

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C6Driver
07/01/21 11:50:32 AM
#179:


OMG, MMEX

Reverse split. I now have a whopping 2 shares. If i want to break even, need it to hit $25 a share, LOL!
Good thing I never bought millions of shares like some people did, Thank God !

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Tyranthraxus
07/01/21 12:26:38 PM
#180:


C6Driver posted...
OMG, MMEX

Reverse split. I now have a whopping 2 shares. If i want to break even, need it to hit $25 a share, LOL!
Good thing I never bought millions of shares like some people did, Thank God !
Holy shit I was thinking about buying some lmao dodging bullets like matrix here.

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theAteam
07/01/21 1:22:15 PM
#181:


I got my fucking balls ripped off today what was the news? Shitty jobs report or something?

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krazychao5
07/01/21 1:36:04 PM
#182:


theAteam posted...
I got my fucking balls ripped off today what was the news? Shitty jobs report or something?
i'm mostly sideways toady, usually around $20-$100 green. so not much going on in my investment world

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Mearcstapa
07/01/21 1:39:08 PM
#183:


Making petty cash day/swing trading low-volatility stocks, and shit like this just annoys me lol.



edit: order finally filled. yay

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Lunar_Savage
07/01/21 1:57:04 PM
#184:


Legato-and-Vash posted...
What's everyone's prediction on HCMC?

I expect it will pay off massive in the long run. But in the short run, we'd be lucky to hit penny land anytime soon. My opinion is not financial advice.

I'm still hopeful for it though and they're still doing good work, I think.

Makeveli_lives posted...
Hopefully EENF doesn't fail. Didn't know there was a 50 dollar fee for buying. Got a hundred so I'm already down 50 bucks to start lol.

And got another 150 of ENZC to put me above 8k shares.

Same on EENF, I bought 125 shares. It really needs to take off. I need to hit .42 a share before I break even. -.- Damn fee.

Also, any opinions out there on HPMM? A cannabis company that was supposed to be harvesting in June and just announced they bought a facility and growing space in New York where it was just legalized. Sooo....I already own 1k shares from back in March, but...has anyone else heard anything on this company??? Because the stock has went nowhere fast over the months. And this company once traded at $12/share. So...maybe an incoming boom? I need more info.


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E_S_M_Z
07/01/21 2:03:27 PM
#185:


krazychao5 posted...
i'm mostly sideways toady, usually around $20-$100 green. so not much going on in my investment world

Wait, those numbers turn green? Does the downwards arrow also turn green?

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littlebro07
07/01/21 2:04:16 PM
#186:


Makeveli_lives posted...
Hopefully EENF doesn't fail. Didn't know there was a 50 dollar fee for buying. Got a hundred so I'm already down 50 bucks to start lol.

And got another 150 of ENZC to put me above 8k shares.

Why was there a $50 fee?


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Makeveli_lives
07/01/21 2:09:36 PM
#187:


littlebro07 posted...
Why was there a $50 fee?
Foreign settlement fee I think it said

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theAteam
07/01/21 2:36:18 PM
#188:


krazychao5 posted...
i'm mostly sideways toady, usually around $20-$100 green. so not much going on in my investment world

I'm def too heavy in tech for sure

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Tyranthraxus
07/01/21 6:51:43 PM
#189:


Some strange after hours behavior on certain stocks.



All of that happened at the same time

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Trumpo
07/01/21 6:53:24 PM
#190:


SEC: Nothing to see here, totally normal.
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DandyQuackShot
07/01/21 9:30:47 PM
#191:


ITRM got bad news from the FDA. Crashed 40% AH.


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littlebro07
07/02/21 9:57:42 AM
#192:


I hate being red on a Friday before a long weekend

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Tyranthraxus
07/02/21 10:15:07 AM
#193:


Gme is under $200 what do?

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CE_gonna_CE
07/02/21 11:05:52 AM
#194:


Tyranthraxus posted...
Gme is under $200 what do?
Probably avoid it and/or buy something else.

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C6Driver
07/02/21 11:24:37 AM
#195:


Seems my portfolio is just basically riding the coat tails from Jan./Feb.
Still up around 300% from a yr. ago.

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Makeveli_lives
07/02/21 11:48:23 AM
#196:


Amc bleeding today. Advise without financial advice @Trumpo

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ToPoPO
07/02/21 1:30:02 PM
#197:


Yikes @ MMEX
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emblem boy
07/02/21 1:46:42 PM
#198:


I don't know why I fight so hard against just dumping all my money into spy leaps and calling it a day. It's just so obvious
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Trumpo
07/02/21 1:55:10 PM
#199:


Still holding
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Tryhaptaward
07/02/21 1:56:37 PM
#200:


DandyQuackShot posted...
ITRM got bad news from the FDA. Crashed 40% AH.

That's a like a look into the future for ENZC holders
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Tyranthraxus
07/02/21 2:14:54 PM
#201:


Tryhaptaward posted...
That's a like a look into the future for ENZC holders

ENZC trials are extremely positive though.

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krazychao5
07/02/21 3:33:59 PM
#202:


well enzc had a nice afternoon rally to *hopefully* close out long weekend.

i'll be working on touching up my new house this weekend. happy 4th of july, yall

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