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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 1645284563 08-19-2021, 12:32 PM
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#6751
  1. MotorCityCobra
  1. MotorCityCobra
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Originally Posted By Carbonfibre⏩
not sure if srs

do you know wish is burning money right?

the balance sheet and income statement is steaming pile of shiit...its getting worse by the quarter

revenue 2.8 billion

income -807 million

negative profit margin / operating margin every metric is getting worse from previous quarter


also once again


https://www.wish.com/
Originally Posted By mikusk⏩
they are loosing money

they can't retain customers and yoy sales decreased
90 million monthly active users, 2nd largest e-commerce company in US, transacted $13+ billion in goods in 2020, sells over a million items a day, 500k merchants, no debt, 1.6 billion cash on hand, grew revenues from $144 mil in 2015 to $2.5 bil in 2020. I get the negative was burning $500 mil in cash in first 6 months with no growth from 2020, now management is laser focused on steadying ship and reducing cash burn over next 2 to 3 Qs
post 1645284883 08-19-2021, 12:35 PM
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#6752
  1. Elias373
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Originally Posted By HMFIC_BROWSIN⏩
My big balls prediction: nvidia will become the world's largest company by market cap WELL within our lifetimes.
but who was TSLA?
post 1645285093 08-19-2021, 12:37 PM
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#6753
  1. Elias373
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Originally Posted By kusok⏩
How high would you buy PLTR? I would grab some at 20 bucks, but what about 22? 23? 24?
Fair value is triple digits so load the boat
post 1645285143 08-19-2021, 12:37 PM
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#6754
  1. aberry33
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Originally Posted By Carbonfibre⏩
Cope what?

I am not even in oil retard.


You seem to be triggered that oil is getting killed and need someone to blame.

Not my fault you can't look at stock charts.

Biden is living rent free in your head lmao
For some, partisan politics is now immediately what their minds go to no matter what. Just like the person who referenced Afganistan a few posts earlier. Like some Jimmy’s in a cave have a real impact on the market and their portfolio. Lol

Waste of time trying to convince them otherwise.
post 1645285343 08-19-2021, 12:40 PM
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#6755
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
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UPST commencing another one of it's massive drops.

new ticker: DIPS.

hopefully not more than a 50% dive peak-to-trough this time LMAO.
post 1645285493 08-19-2021, 12:42 PM
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#6756
  1. camaleom
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Originally Posted By aberry33⏩
Like some Jimmy’s in a cave have a real impact on the market and their portfolio. Lol
uhmmm 911 had a pretty good impact... and everytime fat hox gong in north korea open his mouth the stock reflect that...

zhit Ellon complained about btc and we all know what happened next...
"Paper money is going away" - EM
post 1645285803 08-19-2021, 12:46 PM
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#6757
  1. aberry33
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Originally Posted By camaleom⏩
uhmmm 911 had a pretty good impact... and everytime fat hox gong in north korea open his mouth the stock reflect that...

zhit Ellon complained about btc and we all know what happened next...
So what’s going on in Afghanistan right now, a country that produces and contributes nothing to the global economy, is having a large impact on the market?

Is that what you’re saying?
post 1645285893 08-19-2021, 12:47 PM
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#6758
  1. Destor
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Originally Posted By SipNPiz⏩
Fellow Oil brahs, could use a warm embrace rn
big spoon or little spoon
post 1645289113 08-19-2021, 01:32 PM
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#6759
  1. Comply_or_Die
  2. ★★★★★
  1. Comply_or_Die
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Originally Posted By MotorCityCobra⏩
dont know who that guy is, im in WISH but only 11k USD. down -10% currently but still holding. This might be a POS company but this seems a bit excessive and seems way overdone to me
thoughts now?
Laughing at your team since 2008.
post 1645289263 08-19-2021, 01:34 PM
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#6760
  1. thatsnarf
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Bought 15 BABA @160
Bought 180 T @ 27.55
post 1645289693 08-19-2021, 01:42 PM
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#6761
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
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Weird question:

Would you say that the stock market is similar to gambling?
post 1645289963 08-19-2021, 01:46 PM
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#6762
  1. MotorCityCobra
  1. MotorCityCobra
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Originally Posted By Comply_or_Die⏩
thoughts now?
I panic sold AMC after buying at $14 and selling at $7. A couple of months later it reached $72. I will not make that mistake with WISH. It is undervalued currently at only 3.9 billion market cap. From what I see, this is a decent company with decent growth that sells low cost products to low cost consumers; definitely not the same consumer crowd who blows $20,000 on a ****ty stock call, so I wouldn’t expect most here to use or enjoy their site.
post 1645290033 08-19-2021, 01:47 PM
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#6763
  1. HMFIC_BROWSIN
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Originally Posted By MinisterOfLust⏩
Weird question:

Would you say that the stock market is similar to gambling?
Yes, but opposite to Vegas where the house always wins in the long run, we have inflation which implies the investors have the edge over the long run.
post 1645290913 08-19-2021, 01:59 PM
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#6764
  1. camaleom
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Originally Posted By aberry33⏩
So what’s going on in Afghanistan right now, a country that produces and contributes nothing to the global economy, is having a large impact on the market?

Is that what you’re saying?
u think a few bullets going in the wrong direction couldn't bring america back into war with them? blow up a car next to the airport and see what is going to happen...

few tickers will go up cause def contracts few tickers will go down cause of fear... jmo tho
"Paper money is going away" - EM
post 1645291143 08-19-2021, 02:01 PM
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#6765
  1. Destor
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Originally Posted By HMFIC_BROWSIN⏩
Yes, but opposite to Vegas where the house always wins in the long run, we have inflation which implies the investors have the edge over the long run.
I would also qualify that the gambling aspect depends heavily on what you do and how you do it

Options, high-volume short-term trading, speculating, etc leans more towards gambling

Long horizons, crunching numbers, reviewing financials, buying stuff you understand, fundamentals etc leans more towards what I would call investing
post 1645291613 08-19-2021, 02:09 PM
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#6766
  1. kusok
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Originally Posted By Elias373⏩
Fair value is triple digits so load the boat
But why taking so long? What’s going on with PLTR? I keep hearing about how great it is, and so?… When is the take off? Lol
post 1645292353 08-19-2021, 02:21 PM
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#6767
  1. SipNPiz
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When you NEED something to go up or down that’s gambling, else it’s investing
STEM Wagie Brah
Oil/commodity based trader
post 1645292903 08-19-2021, 02:31 PM
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#6768
  1. dankydank
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I think we see a low volume 1-1.5% dump tomorrow before we rebound. That would follow the same pattern on the dip that we’ve been seeing for the past year
post 1645294103 08-19-2021, 02:45 PM
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#6769
  1. aberry33
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Originally Posted By camaleom⏩
u think a few bullets going in the wrong direction couldn't bring america back into war with them? blow up a car next to the airport and see what is going to happen...

few tickers will go up cause def contracts few tickers will go down cause of fear... jmo tho
Not gonna happen. After 20 years the Taliban know the opportunity in front of them and unless they’re straight retards they’re not going to mess it up, at least not immediately. Also, after 20 years the US isn’t going to full on invade after a few bullets or a car bomb.

Either way, Afghanistan nowadays means little to nothing to the overall markets.
post 1645294873 08-19-2021, 02:55 PM
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#6770
  1. MinisterOfLust
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  1. MinisterOfLust
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RIP to our very own Lefticle. I don't drink but I will pour one tonight in your memory
post 1645296933 08-19-2021, 03:23 PM
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#6771
  1. MinisterOfLust
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  1. MinisterOfLust
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Originally Posted By TugOfPeace⏩
did he died?
Banned. Someone says he posted gay porn. Not sure if true or not.
post 1645304953 08-19-2021, 05:11 PM
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#6772
  1. lntense
  2. Ð
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These Chinese stocks are going to bounce hard soon.


Baidu etc.
Originally Posted By TugOfPeace⏩
did he died?
He didn’t invest enough in Palantir. Rookie mistake.
post 1645316483 08-19-2021, 08:26 PM
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#6773
  1. thatsnarf
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Official TSLA to 1k.

TSLA bots taking over the world.

Gonna have an army of friends now.
post 1645318063 08-19-2021, 08:59 PM
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#6774
  1. Bavaria
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Originally Posted By Destor⏩
Yeah China does not fukk around with this, last year they were welding people into apartments and shutting down highways between cities
das it mane.

North America is relatively not effected by the "4th Wave". Sure cases are up but hospitalizations are not of concern nor are ICU admissions.

China will magically rid themselves of COVID and we gucci.

I've been accumulating more oil stocks, yolo.
Power Engineer Crew
Tradie Life
post 1645320013 08-19-2021, 09:42 PM
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#6775
  1. aberry33
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Originally Posted By Bavaria⏩
North America is relatively not effected by the "4th Wave". Sure cases are up but hospitalizations are not of concern nor are ICU admissions.
Not sure if srs.

My wife is a nurse and is getting ‘emergency critical’ pay right now which is an extra $42 an hour to pick up extra shifts because they’re overwhelmed.
post 1645320323 08-19-2021, 09:47 PM
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#6776
  1. RobParks2M
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Originally Posted By aberry33⏩
Not sure if srs.

My wife is a nurse and is getting ‘emergency critical’ pay right now which is an extra $42 an hour to pick up extra shifts because they’re overwhelmed.
Faurrrk I want emergency critical Fukin pay. When will it be my turn
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1645323733 08-19-2021, 10:57 PM
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#6777
  1. Venom08
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Nio looking bad here… $13 coming up?

https://imgur.com/a/8354etG

Also the US$ is turning bullish again
post 1645330043 08-20-2021, 03:39 AM
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#6778
  1. camaleom
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Originally Posted By aberry33⏩
Not sure if srs.

My wife is a nurse and is getting ‘emergency critical’ pay right now which is an extra $42 an hour to pick up extra shifts because they’re overwhelmed.
same for my wife lol

making gooooood money - when we moved to Wilmington she got a few extra ks just to work with her current company - not enough nurses
"Paper money is going away" - EM
post 1645335753 08-20-2021, 06:51 AM
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#6779
  1. SoutheastBeast1
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Anyone in here think there will be a market correction or is everyone still bullish?

Keep waiting for this pullback but doesn’t seem to be coming
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1645335883 08-20-2021, 06:53 AM
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#6780
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
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Originally Posted By SoutheastBeast1⏩
Anyone in here think there will be a market correction or is everyone still bullish?

Keep waiting for this pullback but doesn’t seem to be coming
Just buy with a strong filter imo.

Don't load up on old chit. Corvid waves coming. I'm all tech only.

DOCS is the only thing I'm buying atm.
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