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**Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition
03-08-2021, 12:04 PM
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#4051
- MisterInfinity
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- MisterInfinity
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Don't worry boyos, its just a minor correction.... Buy the dips. Right...? Rightttttt?
03-08-2021, 12:07 PM
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#4052
- BulkingIsHard
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- BulkingIsHard
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Originally Posted By MisterInfinity⏩
I bought OTM calls expiring today at the bottom feels goodDon't worry boyos, its just a minor correction.... Buy the dips. Right...? Rightttttt?
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
03-08-2021, 12:11 PM
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#4053
03-08-2021, 12:13 PM
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#4054
- Lefticle
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- Lefticle
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Originally Posted By MotorCityCobra⏩
Got that right lolBeen doing this this whole month but man its hard to see your net worth vanish by so much in such a short time
That said, just put another $10k in. That's $20k today.
Keep your chin up.
Always Neg Back Crew.
03-08-2021, 12:15 PM
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#4055
- twovalvekid
- N3rd Op3rator
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- twovalvekid
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Originally Posted By Lefticle⏩
This is the big boys giving the little guy a big FU after the GME/AMC/Reddit debacle. Get all these robinhooders out, then have a large vertical jump up in everything after you push them out. Which would even further discourage them and keep them away thinking it's rigged.Got that right lol
Yes. That's my tinfoil hat theory.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew
RIP YGST
03-08-2021, 12:16 PM
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#4056
- BulkingIsHard
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Originally Posted By NoScrubz⏩
Do you guys really think oil is gonna make it? XOM looks like it's peaking and crude oil is hovering around previous highs.Buy the oil dip brahs
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
03-08-2021, 12:20 PM
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#4057
03-08-2021, 12:21 PM
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#4058
- roughinhouse
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- roughinhouse
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Originally Posted By twovalvekid⏩
some say shorts are pulling out money from other stocks in order to cover gme. Dont really care though, ive got a good and easy money scheme going on with GME.This is the big boys giving the little guy a big FU after the GME/AMC/Reddit debacle. Get all these robinhooders out, then have a large vertical jump up in everything after you push them out. Which would even further discourage them and keep them away thinking it's rigged.
Yes. That's my tinfoil hat theory.
Yes. That's my tinfoil hat theory.
03-08-2021, 12:23 PM
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#4059
- Lefticle
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- Lefticle
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Originally Posted By twovalvekid⏩
I could see that. I'm not worried. Stocks will go back up. Buying the dip as much as I can right now. But always leave a some cash on the table in case it drops further. Ammo is important.This is the big boys giving the little guy a big FU after the GME/AMC/Reddit debacle. Get all these robinhooders out, then have a large vertical jump up in everything after you push them out. Which would even further discourage them and keep them away thinking it's rigged.
Yes. That's my tinfoil hat theory.
Yes. That's my tinfoil hat theory.
Always Neg Back Crew.
03-08-2021, 12:50 PM
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#4060
- MinisterOfLust
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- MinisterOfLust
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Originally Posted By Lowkick⏩
Stock market has been down for a while brahGME goes up, stocks go down.
The cycle continues
The cycle continues
03-08-2021, 12:58 PM
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#4061
- MinisterOfLust
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- MinisterOfLust
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NAKD is shooting up again.
03-08-2021, 01:00 PM
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#4062
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By MinisterOfLust⏩
Depends on which one lol.Stock market has been down for a while brah
DJI opened 30.2K this year and now touching 32K
Nasdaq opened 12.7K and its now 12.7K. (High this year 14.1K)
SP 500 opened 3.7K and now its 3.8K
Nasdaq sell off since Feb 12th really hurt lot of us that like tech stocks.
.........
but on that note above.
peak of GME explosion
dji fell 1000 points to 29.8K
the reason being that GME caused VIX to spike due to crazy amount of option buying that had hedge funds covering shorts by rotating out of other stocks.
.....................................
One thing I am noticing every financial site has now started selling all these energy and industrial story lines.
Jeffries 2 months ago had price target for NIO for $60 from $38 and now nothing happened with NIO fundamentally they cut target to $38.
03-08-2021, 01:01 PM
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#4063
- meep316
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- meep316
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Originally Posted By meep316⏩
In fairness you all had fair warning here about the possible XMET RS. Still holding myself. Hope they donβt dilute further after the RS but Iβm prepared for the worst.The PFMS R/S ended up being real so now I don't know what to think, XMET's could be real too.
Difference is though, PFMS is 750:1 and XMET would be 100:1, plus XMET has a way better company they're merging into. So long term it won't matter probably, but just a word of caution that if a R/S happens with XMET there'll be a drop temporarily.
Difference is though, PFMS is 750:1 and XMET would be 100:1, plus XMET has a way better company they're merging into. So long term it won't matter probably, but just a word of caution that if a R/S happens with XMET there'll be a drop temporarily.
03-08-2021, 01:08 PM
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#4064
- DeputyDong5
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- DeputyDong5
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is the AAPL tour over... this is brutal.
03-08-2021, 01:11 PM
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#4065
- taf1968
- RIP GST
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- taf1968
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Originally Posted By DeputyDong5⏩
It will come back. Tech is just getting slaughtered right now after the huge run-up it had.is the AAPL tour over... this is brutal.
*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** -- recovery log: http://forum.obnoxiousbrutes.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.obnoxiousbrutes.com/showthread.php?t=136113651
03-08-2021, 01:12 PM
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#4066
- taf1968
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- taf1968
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S&P now in the red.
*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** -- recovery log: http://forum.obnoxiousbrutes.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.obnoxiousbrutes.com/showthread.php?t=136113651
03-08-2021, 01:12 PM
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#4067
03-08-2021, 01:13 PM
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#4068
Just picked up my first position on AAPL @ 116.80.
I'm sure I'll be adding more later in the week lol.
I picked up some more oil stocks but not the stocks you would expect.
I'm sure I'll be adding more later in the week lol.
I picked up some more oil stocks but not the stocks you would expect.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
03-08-2021, 01:14 PM
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#4069
03-08-2021, 01:15 PM
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#4070
- DeputyDong5
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- DeputyDong5
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Originally Posted By Abzu⏩
I'm still holding XLE and I added OIH today.Just picked up my first position on AAPL @ 166.80.
I'm sure I'll be adding more later in the week lol.
I picked up some more oil stocks but not the stocks you would expect.
I'm sure I'll be adding more later in the week lol.
I picked up some more oil stocks but not the stocks you would expect.
03-08-2021, 01:19 PM
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#4071
- Carbonfibre
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- Carbonfibre
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Originally Posted By Destor⏩
But they were in talks with Hyundai for that car. Than it was Nissan.Only up 75% in 12 months
It was rallying on those news.
Seems we getting reality check that headlines won't move stock anymore. Fundamentals coming back.
To be fair for Apple they had the best earnings ever last quarter.
03-08-2021, 01:25 PM
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#4072
- RobParks2M
- mad hatter
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- RobParks2M
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Oil shouldn't be fukking $65+ a barrel right now and if you are buying things expecting that you are silly. There is a lot of big cap oil companies looking overbought af. Just be prepared for Saudis to decide they wanna fuk up the market and punish the US/Russia/Middle East and crank their taps back to maximum overload. This is an artificial "shortage" of supply that they can rectify at any moment. IMO they wait until July or September when everyone has started spending a lot of money to discover new fields/tap new wells then go JK LOL here is our max capacity for you.
Just my thots
Just my thots
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
03-08-2021, 01:29 PM
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#4073
- SipNPiz
- 2 B Tan is 2 B Glorious!
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- SipNPiz
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Originally Posted By RobParks2M⏩
Energy is 5% of our economy, itβs like 85% of theirs, after their plan to flood the market with cheap crude last year worked too well Iβd say they are too stand-off ishOil shouldn't be fukking $65+ a barrel right now and if you are buying things expecting that you are silly. There is a lot of big cap oil companies looking overbought af. Just be prepared for Saudis to decide they wanna fuk up the market and punish the US/Russia/Middle East and crank their taps back to maximum overload. This is an artificial "shortage" of supply that they can rectify at any moment. IMO they wait until July or September when everyone has started spending a lot of money to discover new fields/tap new wells then go JK LOL here is our max capacity for you.
Just my thots
Just my thots
STEM Wagie Brah
Oil/commodity based trader
03-08-2021, 01:32 PM
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#4074
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By RobParks2M⏩
Saudi Arabia whole government budget is depended on oil.Oil shouldn't be fukking $65+ a barrel right now and if you are buying things expecting that you are silly. There is a lot of big cap oil companies looking overbought af. Just be prepared for Saudis to decide they wanna fuk up the market and punish the US/Russia/Middle East and crank their taps back to maximum overload. This is an artificial "shortage" of supply that they can rectify at any moment. IMO they wait until July or September when everyone has started spending a lot of money to discover new fields/tap new wells then go JK LOL here is our max capacity for you.
Just my thots
Just my thots
Saudi Arabia break even point for oil is $84. Only Russia can sell it at $40ish per barrel.
https://www.washingtonpost.com/polit...ountries-most/
They all want to squeeze oil to $100+.
03-08-2021, 01:33 PM
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#4075
Originally Posted By DeputyDong5⏩
I bought oil transportation.I'm still holding XLE and I added OIH today.
I don't think you can lose on energy right now as nearly all growth stocks require it.
I also think it's good to have as a part of your portfolio to stomach losses, it will help you make it through this correction without panicking lol.
Originally Posted By RobParks2M⏩
Oil shouldn't be fukking $65+ a barrel right now and if you are buying things expecting that you are silly. There is a lot of big cap oil companies looking overbought af. Just be prepared for Saudis to decide they wanna fuk up the market and punish the US/Russia/Middle East and crank their taps back to maximum overload. This is an artificial "shortage" of supply that they can rectify at any moment. IMO they wait until July or September when everyone has started spending a lot of money to discover new fields/tap new wells then go JK LOL here is our max capacity for you.
Just my thots
Just my thots

Don't pull the thang out, unless you plan to bang
Bombs over Baghdad
(Yeah, ha ha yeah)
Don't even bang unless you plan to hit something
Bombs over Baghdad, yeah
(Yeah, uh-huh)
Don't pull the thang out, unless you plan to bang
Bombs over Baghdad, yeah

Lol.
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
03-08-2021, 01:37 PM
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#4076
- DeputyDong5
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- DeputyDong5
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Originally Posted By RobParks2M⏩
"shouldn't" is a word the markets left behind a while ago.Oil shouldn't be fukking $65+ a barrel right now and if you are buying things expecting that you are silly. There is a lot of big cap oil companies looking overbought af. Just be prepared for Saudis to decide they wanna fuk up the market and punish the US/Russia/Middle East and crank their taps back to maximum overload. This is an artificial "shortage" of supply that they can rectify at any moment. IMO they wait until July or September when everyone has started spending a lot of money to discover new fields/tap new wells then go JK LOL here is our max capacity for you.
Just my thots
Just my thots
03-08-2021, 01:38 PM
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#4077
- Steavie
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- Steavie
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Originally Posted By Carbonfibre⏩
But how will they battle renewables at that price point?Saudi Arabia whole government budget is depended on oil.
Saudi Arabia break even point for oil is $84. Only Russia can sell it at $40ish per barrel.
https://www.washingtonpost.com/polit...ountries-most/
They all want to squeeze oil to $100+.
Saudi Arabia break even point for oil is $84. Only Russia can sell it at $40ish per barrel.
https://www.washingtonpost.com/polit...ountries-most/
They all want to squeeze oil to $100+.
Dallas Mavericks
03-08-2021, 01:38 PM
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#4078
- Destor
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- Destor
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Yeah Russia is in the strongest position. Saudi Arabia is so heavily dependent on oil revenues, it supports their entire society and OPEC members are hurting bad from this last price war
OPEC+ is probably looking to squeeze the price hard and fast to take advantage of it while US shale output is still depressed
OPEC+ is probably looking to squeeze the price hard and fast to take advantage of it while US shale output is still depressed
03-08-2021, 01:44 PM
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#4079
03-08-2021, 01:46 PM
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#4080
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By Steavie⏩
They take their oil profits and invest.But how will they battle renewables at that price point?
All those Saudi royalty have stakes in tons of companies.
Think they even hold Tesla shares. Had huge stake in CCIV. etc.
Own 33 percent of Activision.
Just search Saudi investment fund and other related saudi investment.
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