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Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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07-21-2021, 07:40 AM
#5521
Originally Posted By MinisterOfLust
I wanted to touch it yesterday but I thought pump and dump. FOMO is real
same here. just changed buy order from 25 to 23 for kicks.
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07-21-2021, 07:49 AM
#5522
Originally Posted By MinisterOfLust
I wanted to touch it yesterday but I thought pump and dump. FOMO is real
Its up 700% on the last week this should be right up your alley.
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07-21-2021, 07:51 AM
#5523
Originally Posted By Heaney
Its up 700% on the last week this should be right up your alley.
Absolutely nothing bad can happen. This is when market orders are your friend
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07-21-2021, 07:57 AM
#5524
Originally Posted By Heaney
Its up 700% on the last week this should be right up your alley.
Low float and mostly large orders in.



Seems safe enough
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07-21-2021, 08:00 AM
#5525
Originally Posted By lntense
Low float and mostly large orders in.



Seems safe enough
Its only down 20% since my post not bad not bad
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07-21-2021, 08:05 AM
#5526
Originally Posted By Heaney
Its only down 20% since my post not bad not bad
Only 4 million shares float wtf that is so low. Even at $24 valuation only 100 million which isn't insane actually.
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07-21-2021, 08:08 AM
#5527
Originally Posted By SouthDakotaBrah
I honestly can't believe how overvalued Chipotle is. Fuking Chipotle trades at a higher price multiple than Amazon and NVIDIA, chit simply doesn't make sense. Granted, I eat at Chipotle at least 1-2 times per week, but I can't see them growing their revenues by 20-30% year over year over the long term

There's just zero moat and zero switching costs for consumers. If Chipotle raises their prices by 10-20% (which they will have to soon), I'll just start eating somewhere else… they have a commoditized enough product that I can't see them having the same explosive growth as the other companies that trade at a 100+ P/E multiple, usually reserved for high-growth tech stocks… like how fast can you build new restaurants and decrease operating margins before some other restaurant catches people's attention?

Brb Chipotle trading at an outrageous P/E as if they've discovered some secret recipe, fuking rice and beans and chicken. What's stopping some other restaurant from making burrito bowls and allowing people to order them through an app to pick up? Any slight deviation in the growth plan would tank Chipotle stock

I think they brought in a lot of new people during covid that couldn’t get their everyday sit down Mexican food chips salsa etc. due to closures. Plus they offered curbside. Some do drive thrus.

After covid I think the following is still going there. Even you said you eat here 1-2 times per week as do I. And I think is the case for a lot of other people, I don’t eat any fast food as much as I do chipotle and chick fil a. There’s a reason those 2 are so successful so I don’t think it’s a stretch that they crept up.

They’re also kind of unchallenged on their scale. Others have tried, qdoba etc but they can’t compete. Qdobas here went out of business and chipotle opened like 3 new locations.

Just a guess. Still pretty crazy.
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07-21-2021, 08:17 AM
#5528
Originally Posted By thatsnarf
same here. just changed buy order from 25 to 23 for kicks.
Just dropped 60 bricks of NURO on somebody's head

in at 22.56 out at 25.80
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07-21-2021, 08:20 AM
#5529
Originally Posted By RobParks2M
Only 4 million shares float wtf that is so low. Even at $24 valuation only 100 million which isn't insane actually.
True but they have negative revenue and their new product is essentially one of those infomercial style electrolysis machines. Guess we'll see.

Perfect timing right now for an offering. Let's see if they do it.
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07-21-2021, 08:26 AM
#5530
Originally Posted By Heaney
True but they have negative revenue and their new product is essentially one of those infomercial style electrolysis machines. Guess we'll see.

Perfect timing right now for an offering . Let's see if they do it.
Yup. But fibromyalgia is a huge untapped market and I presume they must have had good data from trials proving their usefulness.
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07-21-2021, 08:38 AM
#5531
damn up LIKE 98% today THATS it

edit: double checked the math, closer to 3%
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07-21-2021, 08:40 AM
#5532
Originally Posted By RobParks2M
Yup. But fibromyalgia is a huge untapped market and I presume they must have had good data from trials proving their usefulness.
Fibromyalgia is almost always psycho****tic. Any "drug" related to it will likely not produce benefits.
Spoiler alert; you die at the end.
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07-21-2021, 08:43 AM
#5533
Lmao at NURO, meeting some resistance…

It will probably trade sideways for a few days and dump.


Made a post yesterday about shorting at 9.00, glad I didn't lol.
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07-21-2021, 08:53 AM
#5534
Originally Posted By HMFIC_BROWSIN
Fibromyalgia is almost always psycho****tic. Any "drug" related to it will likely not produce benefits.
Right drugs won't. Sounds like whatever they have is a nerve stimulator of some sort.
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07-21-2021, 08:59 AM
#5535
AHT $20 calls for Sept going for $3 seems like EZ money consider that was $2 pre-split
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07-21-2021, 09:06 AM
#5536
Is anyone in under armour for the long term? I know clothing company, just curious.
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07-21-2021, 09:15 AM
#5537
What's going on ITT?
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07-21-2021, 09:18 AM
#5538
Originally Posted By twovalvekid
What's going on ITT?
whole lot of nothing
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07-21-2021, 09:33 AM
#5539
Originally Posted By thatsnarf
whole lot of nothing
Sounds like it.
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07-21-2021, 09:35 AM
#5540
Originally Posted By lntense
Is anyone in under armour for the long term? I know clothing company, just curious.
this cute instagram athlete is sponsored by them, about all i know, georgia ellenwood, she's currently at the olympics
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07-21-2021, 09:43 AM
#5541
SDC brahs, getting sqoozed?
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07-21-2021, 09:58 AM
#5542
DMTK, FUTU, and SOFI on fire today!

Total portfolio is up about 5% between yesterday and today. Mirin.
See title.

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07-21-2021, 10:02 AM
#5543
Originally Posted By Lefticle
DMTK, FUTU, and SOFI on fire today!

Total portfolio is up about 5% between yesterday and today. Mirin.
what do you think of SOFI? have a bag at 23.50. was gonna avg down if it hit 14.XX the other day but it didn't.

not really wanting to avg down yet though.
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07-21-2021, 11:37 AM
#5544
Wow those posts by clout actually hurt my brain to read
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07-21-2021, 11:40 AM
#5545
Originally Posted By Heaney
If you were a trading genius would you trade with real money or in paper accounts SRS
COPE, Peasants squalor when the KING is away.

SAD. srs.
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07-21-2021, 11:43 AM
#5546
Originally Posted By Lefticle
Realclout did too much meth last night
Keep pressing buy and SELL like your OVERLORDS on cnbc tell you WHILE shilling what to PRESS buy and SELL on MAKE sure to have ZERO strategy and CLOSE as soon as you SEE profit WITH no idea what YOU'RE doing or WHY you're even IN this position.

SRS.

NOT gonna make it, COPE.

srs, SAD.

srs,
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The world is YOURS boyos.
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07-21-2021, 11:46 AM
#5547
Don't quote me on this but oil couldn't break ~$70.50 so it looks like it is headed back down soon.
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07-21-2021, 12:14 PM
#5548
Originally Posted By Realclout
COPE, Peasants squalor when the KING is away.

SAD. srs.
Originally Posted By Realclout
Keep pressing buy and SELL like your OVERLORDS on cnbc tell you WHILE shilling what to PRESS buy and SELL on MAKE sure to have ZERO strategy and CLOSE as soon as you SEE profit WITH no idea what YOU'RE doing or WHY you're even IN this position.

SRS.

NOT gonna make it, COPE.

srs, SAD.

srs,





srsly?
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07-21-2021, 12:34 PM
#5549
Originally Posted By Realclout






See title.

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07-21-2021, 12:35 PM
#5550
Originally Posted By Abzu
Don't quote me on this but oil couldn't break ~$70.50 so it looks like it is headed back down soon.
you want me to rope…
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