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**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
08-20-2024, 07:43 AM
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#6751
- ScrillaIsBake
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Originally Posted By Destor⏩
My GICs mature tomorrow. Looks like 4.75% is my best rate so I'll lock in at that. I have more GICs that mature in October and I doubt I'll be able to get 4% by thenInflation continues moving down in Canada, looks like we’re pretty well tee’d up for a third 0.25 cut
08-20-2024, 07:56 AM
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#6752
In on amd earlier this morning. Would be in on Tesla, but already too big position.
Edit:
Lol, punched right through several indecision candles like nothing, see you guys at Arby’s!
Out. Can buy lambo! 1/16 size model.
Edit:
Lol, punched right through several indecision candles like nothing, see you guys at Arby’s!
Out. Can buy lambo! 1/16 size model.
08-20-2024, 09:02 AM
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#6753
- Destor
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- Destor
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Originally Posted By ScrillaIsBake⏩
That seems like good timing man, yeah at this point it looks doubtful rates will be going anywhere but down.My GICs mature tomorrow. Looks like 4.75% is my best rate so I'll lock in at that. I have more GICs that mature in October and I doubt I'll be able to get 4% by then
I have a mortgage that renewed in 2021 when rates were at their lowest, locked in at 1.69% until 2026 and it seems things are shaping up pretty well for the next renewal.
08-20-2024, 10:39 AM
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#6754
08-20-2024, 11:02 AM
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#6755
08-20-2024, 11:28 AM
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#6756
08-20-2024, 01:11 PM
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#6757
Fried pork chops is one of God's greatest gifts to humanity lol.
Originally Posted By _zman⏩
Gotta stay hedged.Close, but July 16th was my ATH
I: Self, Lord and Master.
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"I call you Son not because you Shine but because you Mine."
08-20-2024, 01:17 PM
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#6758
- GeneralSerpant
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Originally Posted By kusok⏩
Are leveraged longs supposed to go away or something?As long as there are leveraged longs, the big boiz will not allow the coin to go up, and rightfully so. Bitcoin likes liquidity, should be going up a lot by the end of the year, but you have to hold.
08-20-2024, 01:34 PM
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#6759
- GeneralSerpant
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So nvda’s chart today looks congruent to pltr.
Seems like broad investors are waiting for the earning report as much as the ai crowd is.
I think I will load up on nvda right now and just use margin for any dips caused by scares.
Seems like broad investors are waiting for the earning report as much as the ai crowd is.
I think I will load up on nvda right now and just use margin for any dips caused by scares.
08-20-2024, 02:45 PM
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#6760
Originally Posted By GeneralSerpant⏩
Took the opposite trade so all I can say is GL, I'm looking for NVDA to go to ~$132 where I would load up the puts but it's not guaranteed if it crosses and holds, if it does then I'm buying calls to go above ATH just to cover potential losses.So nvda’s chart today looks congruent to pltr.
Seems like broad investors are waiting for the earning report as much as the ai crowd is.
I think I will load up on nvda right now and just use margin for any dips caused by scares.
Seems like broad investors are waiting for the earning report as much as the ai crowd is.
I think I will load up on nvda right now and just use margin for any dips caused by scares.
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."
08-20-2024, 03:34 PM
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#6761
- usersignup2
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- usersignup2
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As long as Pelosi is still holding calls, I see NVDA making new ATH for earnings
My target is 167.50 for earnings.
My target is 167.50 for earnings.
08-20-2024, 03:40 PM
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#6762
Originally Posted By usersignup2⏩
I'm not mad at that lol.As long as Pelosi is still holding calls, I see NVDA making new ATH for earnings
My target is 167.50 for earnings.
My target is 167.50 for earnings.
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."
08-20-2024, 04:31 PM
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#6763
- Destor
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- Destor
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Who wants to go all in on Peloton
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
08-20-2024, 05:14 PM
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#6764
08-20-2024, 05:17 PM
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#6765
08-20-2024, 05:21 PM
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#6766
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Destor⏩
There’s been a lot of those lately.Who wants to go all in on Peloton
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
CVNA, ASTS, PLTR and lots of other small caps. You might be on to something.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
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08-20-2024, 05:51 PM
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#6767
Originally Posted By stockbruh⏩
I bought calls on LYFT, AAL and F but I have stocks in UVV, CCOI and LEG, I plan on selling LEG, CCOI and I already sold BMY.You must not have any long positions do you only trade options or do you hold some stocks too?
Originally Posted By Destor⏩
You recommend buying?Who wants to go all in on Peloton
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
Originally Posted By RobParks2M⏩
I'm interested lol.There’s been a lot of those lately.
CVNA, ASTS, PLTR and lots of other small caps. You might be on to something.
CVNA, ASTS, PLTR and lots of other small caps. You might be on to something.
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."
08-20-2024, 05:59 PM
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#6768
- Destor
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- Destor
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Originally Posted By RobParks2M⏩
Need to do more DD tomorrow but this legit almost looks like a value buy at first glance. They just refinanced a bunch of debt so bankruptcy risk should be low, I’m struggling to see the downside potential versus the upside.There’s been a lot of those lately.
CVNA, ASTS, PLTR and lots of other small caps. You might be on to something.
CVNA, ASTS, PLTR and lots of other small caps. You might be on to something.
Originally Posted By Abzu⏩
I don’t give investing advice but miiiiight be considering this for myself, need to do more researchYou recommend buying?
08-20-2024, 06:38 PM
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#6769
- usersignup2
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08-20-2024, 07:48 PM
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#6770
- RobParks2M
- mad hatter
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Originally Posted By usersignup2⏩
Lmao too bad their market cap is $1b. Imagine if we had a <$100m company and we bought some shares + a bunch of calls lmaoFitness connoisseur
0.4 mg of party's over wake the FK up!
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08-20-2024, 09:14 PM
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#6771
- GeneralSerpant
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Originally Posted By stockbruh⏩
I've been averaging down on my btc. About $250 in and out between transactions.Where my BITO bros at? No way we get a dividend this month with how poorly Bitcoin is doing?im about to jump into that 0DTE ETF that pays dividends every week
08-21-2024, 12:27 AM
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#6772
Originally Posted By Destor⏩
As in put your entire account in a dead company stock?Who wants to go all in on Peloton
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
Down 98% from the high, Morningstar has a $4.99 price target on it so 60% upside just based on that. If it does a round trip to the previous high, $100k would become $5million
You’re hoping for a buy out?
08-21-2024, 07:07 AM
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#6773
08-21-2024, 07:23 AM
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#6774
- Destor
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Originally Posted By kusok⏩
As long as it doesn’t go bankrupt, how much further down can it go? Is this something that will benefit decently from declining interest rates? But consumers have been strong this whole time so that’s a little concerning.As in put your entire account in a dead company stock?
You’re hoping for a buy out?
You’re hoping for a buy out?
Could be a monkeypox play if the gyms shut down again
And no not the entire portfolio
08-21-2024, 10:01 AM
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#6775
Originally Posted By Destor⏩
My take is: How much lower can it go? Zero, it can go to zero, as most companies do, they got more liabilities than assets, which is a major red flag, no p/e ratio.As long as it doesn’t go bankrupt, how much further down can it go? Is this something that will benefit decently from declining interest rates? But consumers have been strong this whole time so that’s a little concerning.
Could be a monkeypox play if the gyms shut down again
And no not the entire portfolio
Could be a monkeypox play if the gyms shut down again
And no not the entire portfolio
if you’re going to invest in any company that’s not in the upper 1% of companies then it should be one percent of your portfolio at most, and you should have inside information such as Amazon or Apple buying peloton out, You can grab a couple of extra cheap leaps options then,
The user experience with peloton is pretty bad, people who have bought this service are not really using the bike, and it just sits there,
but you do have a couple of technicals going for you at this time, based on speculation that they could be bought out by Apple or Amazon at around Four dollars or more per share, technically you got some volume, golden cross on the daily on Mac D, positive option flow, and not many obvious big sell walls above the current price, but you will no doubt encounter down pressure from the bag holders as the stock goes back up.
Good luck.. srs.
08-21-2024, 10:29 AM
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#6776
- RobParks2M
- mad hatter
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- RobParks2M
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Lulz RILY popping off leggo!
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
08-21-2024, 10:30 AM
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#6777
- ScrillaIsBake
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Originally Posted By RobParks2M⏩
Just sold for a tiny bit of profit, not risking it lolLulz RILY popping off leggo!
edit: Fuuuark sold too early
08-21-2024, 10:44 AM
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#6778
- RobParks2M
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Originally Posted By ScrillaIsBake⏩
Lol I sold 100 of my 400 yesterday. Gonna see how high we can do with this news. Cash in hand aside unsure how good this deal will be long term with the loss of revs/profits from those 2 units.Just sold for a tiny bit of profit, not risking it lol
edit: Fuuuark sold too early
edit: Fuuuark sold too early
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
08-21-2024, 11:00 AM
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#6779
- TugOfPeace
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- TugOfPeace
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Given the state of the market today (seems sus), would you rather put in $2k/month towards an index fund, or $2k/month towards gold/silver? Or perhaps $1k/month towards each?
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
08-21-2024, 11:09 AM
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#6780
- ScrillaIsBake
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Originally Posted By RobParks2M⏩
Seems like nothing but bad news coming out on B Riley. I was stressed watching it tank this morning lolLol I sold 100 of my 400 yesterday. Gonna see how high we can do with this news. Cash in hand aside unsure how good this deal will be long term with the loss of revs/profits from those 2 units.
Might hope on the LUNR train or ASTS if it ever dips again
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