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Forum » **OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
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Thread: **OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

post 1686218373 07-10-2023, 12:33 PM
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#3781
  1. RobParks2M
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Originally Posted By Venom08⏩
Sold them for 110% gains. It’s probably gonna keep skyrocketing though lol
Thots on hopping back on the BABA train?
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1686270673 07-11-2023, 07:33 AM
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#3782
  1. Lefticle
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This thread is so much better without carbondumbass regurgitating news headlines that may result in the market going either up or down!
Always Neg Back Crew.
post 1686275203 07-11-2023, 08:43 AM
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#3783
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Pltr 🚀 🚀 🚀
post 1686275753 07-11-2023, 08:51 AM
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#3784
  1. SipNPiz
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Wow my credit card company says they are going to lower my credit limit, first this this has ever happened to me
STEM Wagie Brah
Oil/commodity based trader
post 1686276433 07-11-2023, 09:02 AM
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#3785
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Originally Posted By SipNPiz⏩
Wow my credit card company says they are going to lower my credit limit, first this this has ever happened to me
What was your limit?

How much did you typically spend per month?

What is your new limit?
Always Neg Back Crew.
post 1686282493 07-11-2023, 10:16 AM
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#3786
  1. SipNPiz
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  1. SipNPiz
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$20k limit
Usually spend 1-2k each month

They said they will adjust it down in September but did not give the new limit
STEM Wagie Brah
Oil/commodity based trader
post 1686289053 07-11-2023, 11:59 AM
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#3787
  1. Destor
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Could that actually be a sign of banks tightening up their lending? Not sure what else a bank would have to gain from removing unutilized credit capacity on a card.
post 1686289903 07-11-2023, 12:13 PM
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#3788
  1. SipNPiz
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Originally Posted By Destor⏩
Could that actually be a sign of banks tightening up their lending? Not sure what else a bank would have to gain from removing unutilized credit capacity on a card.
It’s happening big time with auto loans, banks used to loan like 130% ltv now it’s down to 100 ltv or they just don’t offer loans altogether
STEM Wagie Brah
Oil/commodity based trader
post 1686294423 07-11-2023, 01:17 PM
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#3789
  1. Lefticle
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Originally Posted By SipNPiz⏩
$20k limit
Usually spend 1-2k each month

They said they will adjust it down in September but did not give the new limit
Strange. Curious to see what they lower it to. Which CC company?
Always Neg Back Crew.
post 1686294473 07-11-2023, 01:18 PM
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#3790
  1. RobParks2M
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Originally Posted By Lefticle⏩
This thread is so much better without carbondumbass regurgitating news headlines that may result in the market going either up or down!
Yeah thank god we go 3-5 days in a row without posts regularly now. This thread was getting waaaay to congested.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1686307243 07-11-2023, 04:40 PM
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#3791
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Originally Posted By RobParks2M⏩
Yeah thank god we go 3-5 days in a row without posts regularly now. This thread was getting waaaay to congested.
Agreed and repped!
Always Neg Back Crew.
post 1686342593 07-12-2023, 07:25 AM
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#3792
  1. 2020Wellness
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Originally Posted By Lefticle⏩
SWVXX master race checking in.
Just did some checking. SWVXX is definitely not master race. Just lol @ 0.34 expense ratio and poverty sub-5% yield.
trainingwithryan.substack.com
post 1686343613 07-12-2023, 07:47 AM
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#3793
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Originally Posted By 2020Wellness⏩
Just did some checking. SWVXX is definitely not master race. Just lol @ 0.34 expense ratio and poverty sub-5% yield.
Yeah VMFXX looking a little better for sure
Always Neg Back Crew.
post 1686344743 07-12-2023, 08:03 AM
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#3794
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Originally Posted By Lefticle⏩
Yeah VMFXX looking a little better for sure
I still repped for money market crew, but ya.
trainingwithryan.substack.com
post 1686349773 07-12-2023, 09:03 AM
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#3795
  1. Venom08
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Hnnngggg just sold my HLLY calls for a 700% gain. In at 0.10 and out at 0.77. I found my niche: buy very far out calls on extremely oversold companies and wait for a spike off some lows.
post 1686355143 07-12-2023, 10:09 AM
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#3796
  1. SipNPiz
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Nice play on Holley, I got out of them when I realized long term their total addressable market shrinks every year

Wow vix headed to single digits this year?
STEM Wagie Brah
Oil/commodity based trader
post 1686369553 07-12-2023, 01:08 PM
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#3797
  1. RobParks2M
  2. mad hatter
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Originally Posted By SipNPiz⏩
Nice play on Holley, I got out of them when I realized long term their total addressable market shrinks every year

Wow vix headed to single digits this year?
Yeah. I’m pretty certain it’s due to having 1DTE SPY options Monday through Friday
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1686372823 07-12-2023, 02:00 PM
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#3798
  1. Venom08
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Originally Posted By Venom08⏩
Hnnngggg just sold my HLLY calls for a 700% gain. In at 0.10 and out at 0.77. I found my niche: buy very far out calls on extremely oversold companies and wait for a spike off some lows.
I bought far out calls on these companies today: CSTL, NET, ATRA, LNSR
post 1686377923 07-12-2023, 03:10 PM
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#3799
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Added more FUBO, VROOM, and RAD.
post 1686381753 07-12-2023, 04:19 PM
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#3800
  1. Destor
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I'm losing track of all the strikes that have happened this year as people fight for more wage increases that will then end up working their way through the economy, now have a big one at a major port in BC
post 1686392343 07-12-2023, 07:52 PM
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#3801
  1. SipNPiz
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Originally Posted By Destor⏩
I'm losing track of all the strikes that have happened this year as people fight for more wage increases that will then end up working their way through the economy, now have a big one at a major port in BC
Doesn’t the prime minister just freeze everyone bank account until they do what he says?
STEM Wagie Brah
Oil/commodity based trader
post 1686393573 07-12-2023, 08:24 PM
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#3802
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core inflation still chit

soft landing or no?
Originally Posted By Crazy_Desi⏩
Do you guys know of CIT bank's 4.95% savings APY? I will be parking my money there. My broker doesn't allow purchases of VMFXX. I haven't seen any places that offer higher rates besides CDs.
why not just get 1 month t-bills at over 5%
post 1686394393 07-12-2023, 08:39 PM
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#3803
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anyone trading past the market hours on RH?
post 1686424843 07-13-2023, 09:57 AM
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#3804
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Is UPST a buy now? Don't know if there is any price target
post 1686425083 07-13-2023, 10:00 AM
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#3805
  1. Destor
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I would always recommend not buying anything on the back of a 250% 6-month rally, but who knows
post 1686425183 07-13-2023, 10:02 AM
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#3806
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Originally Posted By Destor⏩
I would always recommend not buying anything on the back of a 250% 6-month rally, but who knows
But it keeps going up lol
post 1686425453 07-13-2023, 10:06 AM
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#3807
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who else putting life savings into arkk
post 1686428753 07-13-2023, 10:54 AM
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#3808
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Originally Posted By Crazy_Desi⏩
Is UPST a buy now? Don't know if there is any price target
I sold some this week that was up about 130% on . . . trying to learn my lesson and be pretty happy with returns like that. Still have some that I'm letting ride, but I know that I wouldn't be comfortable buying after the run it's had. If it pulls back, I might get back in for some shares.
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post 1686428773 07-13-2023, 10:54 AM
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#3809
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Originally Posted By Crazy_Desi⏩
But it keeps going up lol
Things always go up until they don't

What's a reasonable valuation for the company?
post 1686430183 07-13-2023, 11:15 AM
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#3810
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Originally Posted By thatsnarf⏩
who else putting life savings into arkk
Indicator spoken. Sold all stocks shortly after.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
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