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Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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06-17-2021, 11:58 AM
#4171
Originally Posted By BulkingIsHard
I ain't touching meme stocks
sq and enph are far from meme stocks - solid companies

sq KILLED earnings and drop for no f reason

enph hit earnings but current chip shortage brought the price down
"Paper money is going away" - EM
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06-17-2021, 12:00 PM
#4172
Originally Posted By BulkingIsHard
Why won't SPY move, piece of shet

trade QQQ calls if tech is ripping.
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06-17-2021, 12:03 PM
#4173
Originally Posted By camaleom
sq and enph are far from meme stocks - solid companies

sq KILLED earnings and drop for no f reason

enph hit earnings but current chip shortage brought the price down
I know square is used far and wide, but what separates them from their competition that can't easily be copied? That's the reason I haven't bought it anyways…
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06-17-2021, 12:06 PM
#4174
Originally Posted By _zman
I know square is used far and wide, but what separates them from their competition that can't easily be copied? That's the reason I haven't bought it anyways…
Stripe Payments.
Toast POS.
Lightspeed POS.
ShopKeep.
Shopify Point of Sale.
Revel POS.
PayPal Here.
Epos Now.

out all of those maybe paypal base on name recondition butt most of the small businesses that I know roll with sq
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06-17-2021, 12:09 PM
#4175
Agree most of those posts it might be seasonality or market priced in Fed moves.

Tech/Growth has been doing well when zoomed out over 1 week / 1 month.

We could be turning corner here.

1 week



1 month

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06-17-2021, 12:29 PM
#4176
GOOD GOD ALMIGHTY!! Would you look at those PLTR gains!!
He/Him/Bro
Let's go Brandon!!
Spectrum crew
Pureblood crew
PLTR moon crew
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06-17-2021, 12:31 PM
#4177
Originally Posted By Elias373
GOOD GOD ALMIGHTY!! Would you look at those PLTR gains!!
Mr. Palantir!
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06-17-2021, 12:45 PM
#4178
Originally Posted By MinisterOfLust
Mr. Palantir!
u know things are looking great when pltr is moving lol
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06-17-2021, 12:46 PM
#4179
fuking AMD holy chit

Originally Posted By _zman
I know square is used far and wide, but what separates them from their competition that can't easily be copied? That's the reason I haven't bought it anyways…
Square has a lot of potential in adding more small businesses to their userbase, but their sky high valuation means any small disruption can have a massive downward impact on their stock price. I personally like PayPal as it captures the same macrotrends but with a much more friendly valuation (not to mention size and moat)
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06-17-2021, 12:56 PM
#4180
Yo!!!

Just got notice to vote on AMC.

Can someone please let me know how to vote for both the interest of AMC and us holders??
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06-17-2021, 12:57 PM
#4181
Originally Posted By illriginalized
Yo!!!

Just got notice to vote on AMC.

Can someone please let me know how to vote for both the interest of AMC and us holders??
no on dilution the rest is ok

pretty straight forward
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06-17-2021, 12:58 PM
#4182
Originally Posted By SouthDakotaBrah
fuking AMD holy chit


Square has a lot of potential in adding more small businesses to their userbase, but their sky high valuation means any small disruption can have a massive downward impact on their stock price. I personally like PayPal as it captures the same macrotrends but with a much more friendly valuation (not to mention size and moat)
i kinda agree with this take as well - my sq play was more due to circumstances that real preferences between paypa and sq.
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06-17-2021, 12:59 PM
#4183
Originally Posted By MinisterOfLust
U wot m8??

How's that possible…
Biden
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06-17-2021, 12:59 PM
#4184
Originally Posted By camaleom
no on dilution the rest is ok

pretty straight forward
Sorry I’m a retard, this i should vote against?

To approve an amendment to our Third Amended and Restated Certificate of Incorporation to increase the total number of shares of Class A Common Stock (par value $0.01 per share) the Company shall have the authority to issue by 25,000,000 shares to a total of 549,173,073 shares of Class A Common Stock effective January 1, 2022 ("Proposal 1").
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06-17-2021, 01:05 PM
#4185
Bought some July 16 calls for C and WFC at close–they're way down. Speculating they'll be back up soon.
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06-17-2021, 01:17 PM
#4186
Damn, AMC closing over $60




Originally Posted By illriginalized
Yo!!!

Just got notice to vote on AMC.

Can someone please let me know how to vote for both the interest of AMC and us holders??

I'm waiting to see how next week plays out. Because the vote on proposal 1 is for an offering not until 2022, which by then most of us will be out by then and whoever wants to reinvest will be back in. It would be good for amc as a company to go ahead and vote yes.

Originally Posted By camaleom
no on dilution the rest is ok

pretty straight forward

Dilution wouldn't occur until Jan 2022 for proposal 1.




Originally Posted By jimberee
any reason why? Why wouldn't you choose td or RY instead?
Dividend, nothing wrong with them though that I know of. Isn't their dividend around 3%?
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06-17-2021, 01:23 PM
#4187
Originally Posted By illriginalized
Sorry I’m a retard, this i should vote against?

To approve an amendment to our Third Amended and Restated Certificate of Incorporation to increase the total number of shares of Class A Common Stock (par value $0.01 per share) the Company shall have the authority to issue by 25,000,000 shares to a total of 549,173,073 shares of Class A Common Stock effective January 1, 2022 ("Proposal 1").
i am not telling you what to do but I voted against 25M extra new shares
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06-17-2021, 01:23 PM
#4188
Originally Posted By SouthDakotaBrah
fuking AMD holy chit


Square has a lot of potential in adding more small businesses to their userbase, but their sky high valuation means any small disruption can have a massive downward impact on their stock price. I personally like PayPal as it captures the same macrotrends but with a much more friendly valuation (not to mention size and moat)
I thought that SQ was a potential buy until I saw it trading as low as $38 last year. If I bought in early 2020 or 2019, I'd be selling now or soon. Valuation seems too high to me. I think it's potential has already been priced in and then some.
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06-17-2021, 01:26 PM
#4189
Originally Posted By lntense

Dilution wouldn't occur until Jan 2022 for proposal 1.
how you know there is not another document somewhere filled that says "in case of xyz" the board can use as many share as they are available regardless of xyz?

he had his chance to sell stock at gme prices during/after the squeeze and he blew it and stabbed us in the back twice in one week.

sorry that dude is not trustworthy imho (for squeeze purposes)
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06-17-2021, 01:28 PM
#4190
Originally Posted By camaleom
how you know there is not another document somewhere filled that says "in case of xyz" the board can use as many share as they are available regardless of xyz?

he had his chance to sell stock at gme prices during/after the squeeze and he blew it and stabbed us in the back twice in one week.

sorry that dude is not trustworthy imho (for squeeze purposes)
I don't, I haven't looked into it enough. Will tonight


Regardless I'm waiting to vote, there's no rush
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06-17-2021, 01:30 PM
#4191
Originally Posted By _zman
I thought that SQ was a potential buy until I saw it trading as low as $38 last year. If I bought in early 2020 or 2019, I'd be selling now or soon. Valuation seems too high to me. I think it's potential has already been priced in and then some.
I will sell when it gets to 78% +/- on my fibonacci chart still have some room to go and they are rotating back into tech then even more reason to keep it for a few more weeks
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06-17-2021, 02:03 PM
#4192
Originally Posted By camaleom
I will sell when it gets to 78% +/- on my fibonacci chart still have some room to go and they are rotating back into tech then even more reason to keep it for a few more weeks
How large is your sq position?
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06-17-2021, 08:32 PM
#4193
Originally Posted By _zman
I thought that SQ was a potential buy until I saw it trading as low as $38 last year. If I bought in early 2020 or 2019, I'd be selling now or soon. Valuation seems too high to me. I think it's potential has already been priced in and then some.
I think I’m going to buy a few 7.23 200 puts.
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06-17-2021, 09:00 PM
#4194
Originally Posted By BulkingIsHard
I ain't touching meme stocks

**** it. Investing my life in gravel and dirt.




Why do you believe square or enphase are meme stocks?

What is your criteria to label a stock a meme stock
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06-17-2021, 09:45 PM
#4195
Originally Posted By lntense
I was joking about the blunts lol.


There is just no accurate test currently to test on the spot for THC. I manage and administer our DOT and non-DOT drug and alcohol tests. I personally have no problem with the average smoker that does it on their own time, I even do occasionally. But for safety sensitive positions we as an employer have to have a 0 tolerance policy for the liability and insurance purposes. Fine with office and non safety sensitive positions though.


Alcohol the night before is FAR worse, yet it's perfectly okay . Drives me crazy. We have more heat exhaustion cases from people being hungover on the job than I would ever worry about smoking bud.
Facts, and a lot of very heavy drinkers still come in with something in their system, but from my limited experience with random work breathalyzers, if they’re random they’re infrequent and not at 8am, and if someone comes in a hungover and still has a .06 or something that’s working it’s way out, they won’t appear intoxicated (might look tired and like chit, etc. which can be unprofessional based on the setting) but no one is running to HR over it.

As far as marijuana, I realize you aren’t law enforcement, but you have experience with thresholds. Do you have any insight into the likelihood an officer would issue a DUI in a state where consumption/possession is legal, the car clearly smells like marijuana, but the driver isn’t goofy (think chronic smoker, hits a bowl in the parking lot, car reeks like weed, gets pulled over a block after smoking, clearly he just smoked but the driver does not appear intoxicated)

If the driver is polite and doesn’t give the officer a reason to jam him up with a frivolius citation, the driver is probably 100% in the clear?

I read as well that something like only 10% of patrol has certification for roadside cannabis intoxication testing?

Once again, no problem if you have no idea, just figured I’d ask since you have crossover with your work.

And if you had to guess, what percent of guys you’re working with that drinking nightly, if you gave them a test at 8am walking in the door would blow over .02?
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06-17-2021, 09:50 PM
#4196
Originally Posted By Arem24
Facts, and a lot of very heavy drinkers still come in with something in their system, but from my limited experience with random work breathalyzers, if they’re random they’re infrequent and not at 8am, and if someone comes in a hungover and still has a .06 or something that’s working it’s way out, they won’t appear intoxicated (might look tired and like chit, etc. which can be unprofessional based on the setting) but no one is running to HR over it.

As far as marijuana, I realize you aren’t law enforcement, but you have experience with thresholds. Do you have any insight into the likelihood an officer would issue a DUI in a state where consumption/possession is legal, the car clearly smells like marijuana, but the driver isn’t goofy (think chronic smoker, hits a bowl in the parking lot, car reeks like weed, gets pulled over a block after smoking, clearly he just smoked but the driver does not appear intoxicated)

If the driver is polite and doesn’t give the officer a reason to jam him up with a frivolius citation, the driver is probably 100% in the clear?

I read as well that something like only 10% of patrol has certification for roadside cannabis intoxication testing?

Once again, no problem if you have no idea, just figured I’d ask since you have crossover with your work.

And if you had to guess, what percent of guys you’re working with that drinking nightly, if you gave them a test at 8am walking in the door would blow over .02?
For the herb it’s basically either driver is fuked from a being able to pass sobriety checks or if they have somthing with an opened package in car. Then it’s treated like an open container of alcohol.

If car smells but no herb and driver seems sober he’s probably fine.
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06-17-2021, 11:45 PM
#4197
Originally Posted By Duckliver
For the herb it’s basically either driver is fuked from a being able to pass sobriety checks or if they have somthing with an opened package in car. Then it’s treated like an open container of alcohol.

If car smells but no herb and driver seems sober he’s probably fine.
Pretty sure open container is like $100 fine here and herb is legal so pew pew.
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06-18-2021, 02:47 AM
#4198
Originally Posted By lntense
How large is your sq position?
sq 50s @205

enph 20s at 130

no life changing money but every dollar counts
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06-18-2021, 05:36 AM
#4199
Originally Posted By lntense
**** it. Investing my life in gravel and dirt.




Why do you believe square or enphase are meme stocks?

What is your criteria to label a stock a meme stock
Media labels pretty much anything retail investors are interested in as ‘meme’ stocks—it’s ridiculous.
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06-18-2021, 07:04 AM
#4200
Originally Posted By Arem24
Facts, and a lot of very heavy drinkers still come in with something in their system, but from my limited experience with random work breathalyzers, if they’re random they’re infrequent and not at 8am, and if someone comes in a hungover and still has a .06 or something that’s working it’s way out, they won’t appear intoxicated (might look tired and like chit, etc. which can be unprofessional based on the setting) but no one is running to HR over it.

As far as marijuana, I realize you aren’t law enforcement, but you have experience with thresholds. Do you have any insight into the likelihood an officer would issue a DUI in a state where consumption/possession is legal, the car clearly smells like marijuana, but the driver isn’t goofy (think chronic smoker, hits a bowl in the parking lot, car reeks like weed, gets pulled over a block after smoking, clearly he just smoked but the driver does not appear intoxicated)

If the driver is polite and doesn’t give the officer a reason to jam him up with a frivolius citation, the driver is probably 100% in the clear?

I read as well that something like only 10% of patrol has certification for roadside cannabis intoxication testing?

Once again, no problem if you have no idea, just figured I’d ask since you have crossover with your work.

And if you had to guess, what percent of guys you’re working with that drinking nightly, if you gave them a test at 8am walking in the door would blow over .02?
The only times I have ever done breathalyzer tests is due to reasonable suspicion. We don't do random breathalyzers but we do random drug tests.

I have had some supervisors come in drunk and they were snitched on by their employees lol.

If you get pulled over in a state where it's legal I think it totally depends on the officer. I really don't believe(or I wouldn't if I were an officer) a cop would even mess with it, depending on the reason they were pulled over. The amount of paper work, time, testing etc that goes into a marijuana arrest and actually proving it is much more difficult than alcohol. As long as the person is respectful and doesn't trigger the cop in any way or give them any reason to ask more questions or further search, then 9/10 times I don't think a cop will go there. This could change with better testing.

I'm not sure about the certification. Probably varies by state.

Probably 10% lol. These boyos like their booze.

Originally Posted By camaleom
sq 50s @205

enph 20s at 130

no life changing money but every dollar counts

Every bit counts

Originally Posted By buckeyenutz
Media labels pretty much anything retail investors are interested in as ‘meme’ stocks—it’s ridiculous.
Hate us cause they anus
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