Current Events > Stock Market General #44

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Vampire_Wreath
03/31/22 4:32:16 PM
#102:


Gamestop up huge after hours due to wanting to implement a stock split

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Vampire_Wreath
03/31/22 4:32:54 PM
#103:


HOLY SHIT lT KEEPS GOING

AHHHHHHHH

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#104
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Makeveli_lives
03/31/22 4:39:03 PM
#105:


Vampire_Wreath posted...
HOLY SHIT lT KEEPS GOING

AHHHHHHHH

[LFAQs-redacted-quote]

What The fuck is this in reference to so I can appropriately react to it?

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CE_gonna_CE
03/31/22 4:39:50 PM
#106:


Vampire_Wreath posted...
Gamestop up huge after hours due to wanting to implement a stock split
What an age we live in

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Blue_Thunder
03/31/22 4:45:07 PM
#107:


Vampire_Wreath posted...
Gamestop up huge after hours due to wanting to implement a stock split

What a time to be alive.

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theAteam
03/31/22 4:48:06 PM
#108:


Had not heard of a stock dividend before I thought there were only cash dividends. So everyone holding will get like 3.33 shares for every share held (due to outstanding shares going from 300,000,000 to 1,000,000,000)?

Assuming this even gets passed at the next meeting.

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CE_gonna_CE
03/31/22 4:48:14 PM
#109:


CE_gonna_CE posted...
What an age we live in

Blue_Thunder posted...
What a time to be alive.
What a horrible night to have a curse

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Vampire_Wreath
03/31/22 4:58:31 PM
#110:


theAteam posted...
Had not heard of a stock dividend before I thought there were only cash dividends. So everyone holding will get like 3.33 shares for every share held (due to outstanding shares going from 300,000,000 to 1,000,000,000)?

Assuming this even gets passed at the next meeting.

Might be a 10:1 split or more. Read some stuff from some people on the internet and they said the 300m is what they can split into right now for 3:1

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Sexypwnstar
03/31/22 5:09:57 PM
#111:


I'm very excited for Friday.

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#112
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ToPoPO
03/31/22 5:15:50 PM
#113:


https://www.reddit.com/r/wallstreetbets/comments/tsxp9m/all_the_dd_the_nok_bros_ever_need/

fucking GOLD
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AlCalavicci
03/31/22 6:07:04 PM
#114:


when is the Amazon stock split deadline?

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AngelsNAirwav3s
03/31/22 6:33:03 PM
#115:


ToPoPO posted...
https://www.reddit.com/r/wallstreetbets/comments/tsxp9m/all_the_dd_the_nok_bros_ever_need/

fucking GOLD

That's amazing

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Sexypwnstar
03/31/22 6:50:49 PM
#116:


ENZC will do a stock split dividend eventually

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vbty3
03/31/22 11:00:39 PM
#117:


Sexypwnstar posted...
ENZC will do a stock split dividend eventually
A reverse split

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Sexypwnstar
03/31/22 11:12:24 PM
#118:


vbty3 posted...
A reverse split

That's the end of the company at that point RIP

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Dat_Cracka_Jax
04/01/22 9:53:40 AM
#119:


Source? Or just speculation?

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AlCalavicci
04/01/22 12:25:32 PM
#120:


Dat_Cracka_Jax posted...
Source? Or just speculation?

sarcasm

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#121
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#122
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AlCalavicci
04/01/22 12:39:07 PM
#123:


booooooooooooooooooooooo this man

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CE_gonna_CE
04/01/22 1:07:28 PM
#124:


PTLO = cheap

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Billyionaire
04/01/22 1:39:13 PM
#125:


At least if the whole stock market thing never works out we'll always have stocking shelves at the market heh

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littlebro07
04/01/22 2:54:12 PM
#126:


[LFAQs-redacted-quote]


you fucker

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Trumpo
04/01/22 3:58:13 PM
#127:


Moass is here!
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__aCEr__
04/03/22 5:52:08 PM
#128:


Here's hoping to a Mo Money Monday.

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Mearcstapa
04/03/22 9:20:02 PM
#129:


How long will the 10y-2y yield remain pu ?

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after years of waiting
nothing came
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Tyranthraxus
04/04/22 10:21:15 AM
#130:


Holy fucking shit I'm positive on GOOG +9 dollars

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CE_gonna_CE
04/04/22 10:54:18 AM
#131:


Tyranthraxus posted...
Holy fucking shit I'm positive on GOOG +9 dollars
Hold that shit forever, man

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#132
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Vampire_Wreath
04/04/22 11:11:15 AM
#133:


SNDL rip

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Krojen
04/04/22 11:17:26 AM
#134:


Jumia flying 30% on UPS deal. Next stop 30x.

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krazychao5
04/04/22 2:45:23 PM
#135:


so do i sell my tesla now before it drops another $300? shit's been rubber banding from 800 to 1200 for months now

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lilORANG
04/04/22 2:54:04 PM
#136:


I also am very tempted to sell my TSLA now. Kinda wanna buy some GOOG before the split.

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CE_gonna_CE
04/04/22 3:12:07 PM
#137:


Hold TSLA forever tbh

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Tyranthraxus
04/05/22 10:41:25 AM
#138:


RIP anyone who bought shit yesterday

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krazychao5
04/05/22 11:34:38 AM
#139:


Tyranthraxus posted...
RIP anyone who bought shit yesterday
never buy on green days

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doomcrusader
04/05/22 11:38:26 AM
#140:


krazychao5 posted...
never buy on green days

This. Pretty simple rule which over the long run should increase your gains significantly.

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Sexypwnstar
04/05/22 12:10:45 PM
#141:


I love covered calls.

Don't even want to buy anything that doesn't have options now

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littlebro07
04/05/22 1:04:07 PM
#142:


I still have no clue what calls and puts and options mean

i see stock, I put cash in stock account, I buy stock with that cash

what else is there to this shit

eli5 plz

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Billyionaire
04/05/22 1:25:50 PM
#143:


Anybody think stocks are somehow correlated with the weather? Rainy days seem to always be red ones for me.

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CE_gonna_CE
04/05/22 1:27:14 PM
#144:


littlebro07 posted...
I still have no clue what calls and puts and options mean

i see stock, I put cash in stock account, I buy stock with that cash

what else is there to this shit

eli5 plz
Lets just start with standard call buys (not covered calls).

You are paying a premium (the call option) to have the option to purchase 100 shares of a stock at a set price on or before a set date in the future.

Example: You buy one call option for SNDL at a strike price of $3 expiring in Jan 2024 for $0.05. You pay $5 ($0.05 x 100).

Then if SNDL goes up to $6 on or before Jan 2024, you can exercise that option and pay only $3/share even though the market price is $6. Thus getting a gain of ~$300 right there and then, and you only paid $5. So, huge gain.

That is essentially how the math works and how its possible to make a crazy amount of money off options. Also keep in mind that you can trade the option just like its a stock. So although you have the option to buy 100 shares at $3, you could just trade the option itself to get your gain that way rather than paying $300 for the shares.

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Sexypwnstar
04/05/22 1:48:54 PM
#145:


Billyionaire posted...
Anybody think stocks are somehow correlated with the weather? Rainy days seem to always be red ones for me.

Sounds like I need to start learning how to perform a rain dance.

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#146
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CapnMuffin
04/05/22 5:29:17 PM
#147:


littlebro07 posted...
I still have no clue what calls and puts and options mean
Options
A stock contract that can be Calls or Puts.

Two parties to the contract. Buyer (right to exercise) Seller (obligation to fulfill)

Call: Buyer has the right to buy the stock at the strike price. Seller is obligated to sell it.
Put: Buyer has the right to sell the stock at the strike price. Seller is obligated to buy it.

The contract can only be exercised if its in the money, meaning its actually beneficial to the Buyer. If it never gets in the money and expires, thats a win for the Seller who walks away with the premium paid.

The Call Buyer is bullish because theyre anticipating being able to reserve a cheaper price (strike price) to buy as market value rises. Likewise the Put Buyer is bearish because theyre anticipating being able to reserve a higher price to sell as market value decreases.

The Sellers are making premiums from selling the contracts and just hoping those contracts never get in the money, so their market attitudes are opposite of above.

Buying Options give you greater leverage but also greater risk. They can also serve as hedges to your existing portfolio. Likewise Selling Options can serve as additional income. If you decide to dabble in them be sure to read your Options Disclosure Document (ODD) carefully.
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ToPoPO
04/06/22 12:54:12 PM
#148:


[LFAQs-redacted-quote]


That's bold, what's your strike?

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#149
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littlebro07
04/06/22 4:06:33 PM
#150:


Reopened my M1 Finance account with $100 today split across 29 stocks lol

I'm up $0.26

and down $105.19 in my TD account...fuck ENZC

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#151
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