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Forum » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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Thread: **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

post 1642347463 07-07-2021, 12:58 PM
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#4891
  1. JoshSP1985
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Originally Posted By A1lthatrema1ns⏩
All this from implementing Build To Order PC building through Newegg apparently
Interesting I bet that would be a popular service if the price is right but also seems costly to implement on neweggs side.

Pre-builts can be done cheaply because of uniformity that goes out the window with custom builds.
*PUREBLOOD CREW*
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*CCW*
post 1642347943 07-07-2021, 01:03 PM
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#4892
  1. Destor
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Turns out Newegg actually just went public less than two months ago via a reverse merger with what is essentially a SPAC

The Build to Order PC thing sounds like searching for an explanation for games that are being played. Chit is a distraction meant to suck people in, don't fall for it or you'll probably be left holding bags
post 1642348043 07-07-2021, 01:04 PM
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#4893
  1. A1lthatrema1ns
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Originally Posted By JoshSP1985⏩
Interesting I bet that would be a popular service if the price is right but also seems costly to implement on neweggs side.

Pre-builts can be done cheaply because of uniformity that goes out the window with custom builds.
i see the value in it....i think it's smart...but dont understand how that equates to a 400% pop in their stock price

Gaming has really taken off to new heights over the last 5 years, and everybody who follows big streamers/pro players now want to buy custom gaming PCs now...and all the kids that follow them are going to purchase the prebuilts or BTO PCs from NZXT, iBuypower, etc., basically whoever sponsors their favorite streamers/pros

I've always only purchased computer parts and peripherals from Newegg, ever since 2004 when i built my first pc...but never would have thought to invest in them tbh....SMDH
Founder of "Prime Minister" (srs)

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post 1642348443 07-07-2021, 01:09 PM
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#4894
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Originally Posted By Harry362⏩
**** this gay EArth

down like 25k this last month
At least your donation to the hedge funds gives you a tax break
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1642349143 07-07-2021, 01:16 PM
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#4895
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Fuark. Angus gaped
post 1642349443 07-07-2021, 01:20 PM
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#4896
  1. _zman
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Originally Posted By Lefticle⏩
Down today, but not even mad cuz I sold about 33% of my portfolio over the past couple weeks at the top. So sitting on 33% cash.
Now what?
★★★ A State of Trance Crew ★★★
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post 1642351083 07-07-2021, 01:42 PM
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#4897
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Originally Posted By _zman⏩
Now what?
Sabali.
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."
post 1642351323 07-07-2021, 01:44 PM
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#4898
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puts on negg tomorrow? :P
"Paper money is going away" - EM
post 1642351383 07-07-2021, 01:45 PM
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#4899
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Originally Posted By BulkingIsHard⏩
At least your donation to the hedge funds gives you a tax break
Well I didnt sell anything

My 1000 PLTR and SOFI are both long so it doesnt matter
post 1642352223 07-07-2021, 01:57 PM
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#4900
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Originally Posted By camaleom⏩
puts on negg tomorrow? :P
god speed
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*CCW*
post 1642355353 07-07-2021, 02:43 PM
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#4901
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Update: sold to close my call option on AWK had a bad feeling after opening and figured it was going to expire worthless or was going to take a loss ended up with a 93% return today 3 weeks till expiration not worth risking it nobody knows what is going to happen tomorrow I'm in profits TENDIES printed. Feels good.
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post 1642355603 07-07-2021, 02:46 PM
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#4902
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This has been really horrible day. Hope I can recover from it in the next couple of weeks.
post 1642358783 07-07-2021, 03:34 PM
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#4903
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Originally Posted By Destor⏩
Drill baby drill
Curious to why oil is dropping so hard. Supply is still relatively tight.

I don't see there being a risk of OPEC breaking apart and everyone going all out.
Power Engineer Crew
Tradie Life
post 1642359983 07-07-2021, 03:56 PM
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#4904
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Originally Posted By Bavaria⏩
Curious to why oil is dropping so hard. Supply is still relatively tight.

I don't see there being a risk of OPEC breaking apart and everyone going all out.
Tough to say man with all the dynamics in the crude oil market, could be commodity traders locking in profits to mitigate risk or throwing in shorts or something

Reminds me of the recent Qatar Economic Forum where the Shell CEO said he expects to see both $50 and $100 oil in the near future but to "not ask him in which order." Definitely strapped in for volatility, would be buying the dips if I wasn't putting money towards other things right now
post 1642360533 07-07-2021, 04:03 PM
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#4905
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Originally Posted By Bavaria⏩
Curious to why oil is dropping so hard. Supply is still relatively tight.

I don't see there being a risk of OPEC breaking apart and everyone going all out.
If I had to guess my understanding is OPEC meets to control production so if they DON'T reach a deal which they DIDN'T even if they're currently producing to much driving down the price they DIDN'T reach a deal on how much to cut back to MAINTAIN steady price

I don't believe it's that complicated.
- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

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The world is YOURS boyos.
post 1642360793 07-07-2021, 04:09 PM
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#4906
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Originally Posted By MinisterOfLust⏩
This has been really horrible day. Hope I can recover from it in the next couple of weeks.
I am sorry to hear that
post 1642361223 07-07-2021, 04:15 PM
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#4907
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Originally Posted By Realclout⏩
If I had to guess my understanding is OPEC meets to control production so if they DON'T reach a deal which they DIDN'T even if they're currently producing to much driving down the price they DIDN'T reach a deal on how much to cut back to MAINTAIN steady price

I don't believe it's that complicated.
-Crude oil alone being a $2-3trillion/year market
-Not complicated

Pick one, there's a lot of chit going on here
post 1642362113 07-07-2021, 04:29 PM
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#4908
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Originally Posted By Destor⏩
-Crude oil alone being a $2-3trillion/year market
-Not complicated

Pick one, there's a lot of chit going on here
No AVI, Did not read SRS.
- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

Click here ----------------> https://js.do/caffeinatedlogic/50858



The world is YOURS boyos.
post 1642362853 07-07-2021, 04:44 PM
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#4909
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Originally Posted By Realclout⏩
If I had to guess my understanding is OPEC meets to control production so if they DON'T reach a deal which they DIDN'T even if they're currently producing to much driving down the price they DIDN'T reach a deal on how much to cut back to MAINTAIN steady price

I don't believe it's that complicated.
The broad stroke explanation isn't that complicated, yes. Supply/Demand.

However looking at the current market conditions we are already tight, OPEC+ will increase total production by 500(?)kbd in July and then that mandate expires. If there is no new deal there is no more production increases.

Shale oil has not recovered and there's no capital expenditure to raise production coming in the short to medium term.

That is where my curiosity is regarding. I can understand some stagnation with current conditions but not ~5$ drop in WTI when supply is low and demand keeps rising.

Maybe the Delta/Beta/Bippity/Boppity/Boo variants are gaining some traction or maybe it was over bought, meh.
Power Engineer Crew
Tradie Life
post 1642364613 07-07-2021, 05:09 PM
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#4910
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Originally Posted By MinisterOfLust⏩
This has been really horrible day. Hope I can recover from it in the next couple of weeks.
Biden's America
post 1642371503 07-07-2021, 07:00 PM
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#4911
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Originally Posted By Sterilite⏩
Biden's America
I don't know who you are.
post 1642372193 07-07-2021, 07:11 PM
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#4912
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Originally Posted By Bavaria⏩
Curious to why oil is dropping so hard. Supply is still relatively tight.

I don't see there being a risk of OPEC breaking apart and everyone going all out.
Profit taking maybe

Last peak at this price was October in 2018
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1642372243 07-07-2021, 07:12 PM
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#4913
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Originally Posted By Harry362⏩
I dont know how a vegan egg company goes ballistic are they like an impossible meat?
Lmao wut
post 1642373333 07-07-2021, 07:30 PM
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#4914
  1. Realclout
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Originally Posted By Bavaria⏩
The broad stroke explanation isn't that complicated, yes. Supply/Demand.

However looking at the current market conditions we are already tight, OPEC+ will increase total production by 500(?)kbd in July and then that mandate expires. If there is no new deal there is no more production increases.

Shale oil has not recovered and there's no capital expenditure to raise production coming in the short to medium term.

That is where my curiosity is regarding. I can understand some stagnation with current conditions but not ~5$ drop in WTI when supply is low and demand keeps rising.

Maybe the Delta/Beta/Bippity/Boppity/Boo variants are gaining some traction or maybe it was over bought, meh.
Yeah, I am certainly not an oil FIEND so I don't know all the moving parts but kinda a broad enough overview calculating position when trading commodities is tricky so I never paid much attention to it maybe OIL futures are a little bit easier.

Maybe, They're increasing production if they realize price is rising I had heard somewhere the amount of OIL in storage is more important then production I read something like 100million barrels of oil are in storage and depending on how fast it gets depleted relates to production and production doesn't affect price as much as people think if I am not mistake it has to do with demand in correlation to barrels in storage HIGH demand and low inventory in STORAGE higher prices OPEC has to increase production but if LOW demand and high inventory OPEC can reduce production.

My guess would be since U.S.A is no longer energy independent that less people are buying WTI and therefor they have to lower their price to get rid of it perhaps I know prior to trump we get the majority of our oil from canada and then some of it from saudis but now I think we are a NET importer again BUT we can help fund russia pipeline GO figure.


Bidens america SRS.

Honk HONK.
- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

Click here ----------------> https://js.do/caffeinatedlogic/50858



The world is YOURS boyos.
post 1642374643 07-07-2021, 07:49 PM
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#4915
  1. SipNPiz
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Originally Posted By Realclout⏩
Yeah, I am certainly not an oil FIEND so I don't know all the moving parts but kinda a broad enough overview calculating position when trading commodities is tricky so I never paid much attention to it maybe OIL futures are a little bit easier.

Maybe, They're increasing production if they realize price is rising I had heard somewhere the amount of OIL in storage is more important then production I read something like 100million barrels of oil are in storage and depending on how fast it gets depleted relates to production and production doesn't affect price as much as people think if I am not mistake it has to do with demand in correlation to barrels in storage HIGH demand and low inventory in STORAGE higher prices OPEC has to increase production but if LOW demand and high inventory OPEC can reduce production.

My guess would be since U.S.A is no longer energy independent that less people are buying WTI and therefor they have to lower their price to get rid of it perhaps I know prior to trump we get the majority of our oil from canada and then some of it from saudis but now I think we are a NET importer again BUT we can help fund russia pipeline GO figure.


Bidens america SRS.

Honk HONK.
100m barrel of oil in storage sounds like a lot but that is how much is consumed in 24 hours fam… like the US strategic reserve is only a few weeks worth tops…
STEM Wagie Brah
Oil/commodity based trader
post 1642374953 07-07-2021, 07:53 PM
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#4916
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Originally Posted By SipNPiz⏩
100m barrel of oil in storage sounds like a lot but that is how much is consumed in 24 hours fam… like the US strategic reserve is only a few weeks worth tops…
Perhaps 100bil I can't recall was awhile ago any validity to what I said or anything else that needs nitpicking...?!
- Keep the misc great again

- Watch my poo flush while holding the plunger to make sure I don't flood the bathroom crew.

- You can be REALCLOUT too VIA the REALCLOUT text GENERATOR sponsored BY miscmathematician SRS

Click here ----------------> https://js.do/caffeinatedlogic/50858



The world is YOURS boyos.
post 1642380843 07-07-2021, 09:30 PM
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#4917
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Originally Posted By _zman⏩
Now what?
Will sit on the cash until I see a good deal.
Always Neg Back Crew.
post 1642382183 07-07-2021, 09:57 PM
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#4918
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Originally Posted By Heaney⏩
Lmao wut
not sure if trolling lol did a double take when i read that too
post 1642384123 07-07-2021, 10:52 PM
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#4919
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Scaling down some of my WFC position to initiate Sofi.
post 1642386793 07-07-2021, 11:56 PM
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#4920
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Anyone on here dealt with Computershare?
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