Stock market

14241486:zues said:
Weed is surely the name of the game currently. I jumped in too early which led me to exit too early. Guess i'll jump back in now.... Fucking 68 cents a share when I had sundial and it never moved.
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Yeah it looks like it's gaining traction again. I got out a while ago after some good profits but my last company (hexo) I got greedy and didn't sell 50% up, now I'm holding hexo cuz I'm stubborn and don't like to sell losses that have barely any equity anyway.

If I'm not mistaken, this latest tear was because of the press around CGC? Honestly I'd look for US companies because once the market is legal federally, I'd have to assume they'd get first dibs. Long term plays although I suspect we might get some sort of legalization in the next 2 years at the federal level. Schumer said marijuana reform is high on his priority.

I also bought Philip Morris the other day because eventually I think they will become a major marijuana player. They already have the infrastructure and experience with a cash crop. I'm sure they will adapt.

All this talk of sundial makes be think solar panels lol. Brought me back sellers remorse ptsd on enphase energy and my
 
In SNDL, TLRY, and APHA. Waiting on the TLRY/APHA merger. Really hot on MVIS right now, that will be going up big
 
14241521:.squirrely. said:
Dumb question

bought my first call option about a month ago, SNDL $1.50 call for 2/26. Premium was $10 i think. Went huge the past couple days with all the other weed stocks ( got some shares at $1.10 too)

Trying to figure out how i make money off this now. So what RH calls breakeven price, thats the same as strike price? Which makes my choices either

Exercise which allows me to buy 100 shares at $1.60 each? And then either sell those shares right away or hold em

or sell the option (so someone else could buy those shares at the strike price) ?

Current value is $168, so i make like the same amount of money either way i guess

My dumb ass thought if your strike price hit you were able to buy at the price the stock was at the time you bought the option (SNDL was like $0.60 then)
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For SNDL you definitely paid a premium of $1, not $10. Strike is what you get the stock at if you decided to exercise. If you think it’ll go far and above that in value, hold onto it. If you want to make some quick money and get back in to another call or buy less than 100 shares sell the call.
 
It might be worth getting in early if you can. It seems crazy to me that they raised 2.15 Billion. I'm not sure how to feel about this. I've used the free version of the app but I'm not a big fan of this for revenue generation. I suppose they will probably start creating new apps and new features down the road? Amongst my male single friends no one pays for dating apps and with bars reopening usually thats the best bet.

14241653:DayMan said:
Bumble IPO anyone?
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14241709:Profahoben_212 said:
anybody in on ETFs and have recommendations?
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I've put a lot of my savings into ICLN (Global Clean Energy ETF) over the past 3 years. Can't speak for the future but its done me well and I feel good about that industry going forward
 
14241747:MAXWELL. said:
I've put a lot of my savings into ICLN (Global Clean Energy ETF) over the past 3 years. Can't speak for the future but its done me well and I feel good about that industry going forward
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word. Looking for some very long term ones and clean energy probably has a good outlook

14241759:kingsskier said:
BMBL is a hard pass at 78 open lol
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just bought for 76 we will see where she goes
 
14241747:MAXWELL. said:
I've put a lot of my savings into ICLN (Global Clean Energy ETF) over the past 3 years. Can't speak for the future but its done me well and I feel good about that industry going forward
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I bought into a clean energy etf like last month figuring it's probably got a decent future. Energy will never be worthless regardless of where it comes from and nobody ever said they need less of it.
 
sold SNDL this morning for 80% profit. thinking about buying back in next week to hold for a couple months but i wanna see what the the nasdaq compliance does for the price. until then it's PSYK ZOM and SPCE
 
14241846:.Dad said:
sold SNDL this morning for 80% profit. thinking about buying back in next week to hold for a couple months but i wanna see what the the nasdaq compliance does for the price. until then it's PSYK ZOM and SPCE
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Wish I could say the same thing...took a small L trying to ride the hype train. However, I cashed out my original investments in crypto, so now I'm letting those profits ride. Time to YOLO it in a trash penny stock. yee haw
 
14241846:.Dad said:
sold SNDL this morning for 80% profit. thinking about buying back in next week to hold for a couple months but i wanna see what the the nasdaq compliance does for the price. until then it's PSYK ZOM and SPCE
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Stay away I don't see this stock having any hope of taking off. They won't benefit from an american legalization, they barely turn a profit, dump a substantial amount of money into advertising but hold 3% of a saturated market. Take your win and move on.
 
14242493:soup said:
Stay away I don't see this stock having any hope of taking off. They won't benefit from an american legalization, they barely turn a profit, dump a substantial amount of money into advertising but hold 3% of a saturated market. Take your win and move on.
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Yea I sort of feel the same way. The weed squeeze seems to have subsided for now. It’ll happen again but I don’t know if it’ll be in the next week or so.
 
14242493:soup said:
Stay away I don't see this stock having any hope of taking off. They won't benefit from an american legalization, they barely turn a profit, dump a substantial amount of money into advertising but hold 3% of a saturated market. Take your win and move on.
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I mean they have no debt and whether or not they’ll make a profit in the us market doesn’t really matter for me. It’ll go up at any news of legalization just because of hype. I’d say fair value for it is around $3-$3.20 so It still has room to grow organically.

If I’ve learned anything from the last few weeks is stocks like this are trading on momentum and hype. Not so much fundamentals. Yeah it’s pretty dumb and not how the stock market should work but ima ride that wave.
 
14242493:soup said:
Stay away I don't see this stock having any hope of taking off. They won't benefit from an american legalization, they barely turn a profit, dump a substantial amount of money into advertising but hold 3% of a saturated market. Take your win and move on.
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looking into it more, it does seem kinds shady some of the shit their ceo/board is doing. i'm gonna keep an eye on it anyway. i only have 300 shares in so i'm not stressing
 
14241358:1337 said:
Yo, weed's tight!

Positions: Shares of SNDL (Avg $1.24), a few TLRY 3/19 $21 calls that I got last week @$420/per. Woke up to a nice surprise this morning. Wish I hadn't sold half of them a few days ago!
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SNDL rekted me yesterday. GTA style car bailed this morning
 
14242565:MiIfHunter said:
have u bought any thus far? im thinking about buy about $1000 dollars worth of stocks
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My mannnn use that bitcoin for some stock in NNDM MARA or RIOT

**This post was edited on Feb 13th 2021 at 2:30:00pm
 
Grabbed some silver today (PSLV). I read about a shortage going on at the moment, and PSLV keeps physical amounts for each "share", making the shortage greater and hopefully driving the price up.

(not financial advice, have IQ of 5)
 
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
 
I'd recommend anything bitcoin related. All my stuff is killing it. Like Pokemon said, I have been staying away from meme stocks as they are such quick pump and dumps that it makes me uneasy. I do my own research and buy shit that I personally like. Weed was a pump and dump last week... fuck that shit.
 
14244083:pokerman said:
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
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I think you forget that people make literal millions off these meme stonks. It’s gambling essentially but the ability to earn money is there
 
Or like you just said on Friday. "SNDL wrekt me today" So which is it? lol

14244090:galardogod said:
I think you forget that people make literal millions off these meme stonks. It’s gambling essentially but the ability to earn money is there
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14244100:zues said:
Or like you just said on Friday. "SNDL wrekt me today" So which is it? lol
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It’s gambling, had I of sold my Doge (I didn’t because I am not good at this) I’d be up like 1k despite my losses on SNDL and AMC . There is money to be had here if you are lucky
 
Luck is involved but it's not all luck. Knowing what to buy based on reading annual reports and financials is a big factor. Charting and stock analysis is also part of the game. Knowing the next big hype has a lot to do with it but thats very hard to do so you need to incorporate other methods.

14244113:galardogod said:
It’s gambling, had I of sold my Doge (I didn’t because I am not good at this) I’d be up like 1k despite my losses on SNDL and AMC . There is money to be had here if you are lucky
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14244083:pokerman said:
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
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I'm in on a stocks worth of tesla. Waiting for the cybertruck to drop.
 
14244083:pokerman said:
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
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Plenty of non-meme stocks posted in here, not a lot of pages you need to sift through either to find.
 
14244113:galardogod said:
It’s gambling, had I of sold my Doge (I didn’t because I am not good at this) I’d be up like 1k despite my losses on SNDL and AMC . There is money to be had here if you are lucky
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Don't think of it as luck. You may as well just give me your money and maybe I'll give it back, if you're lucky. That's how you're treating the stock market. It needs to be an educated look at actual numbers or you are just gambling. You can win doing this and people do but they have 6 computer screens in front of them, a bottle of Adderall, and no day job. Not a solid life in my opinion.
 
14244083:pokerman said:
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
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Favourite providers to me right now are MMED, DND.TO, VERY.CN, and CSIQ. Most excited about MMED future it's a solid winner.
 
14244083:pokerman said:
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
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90% of my folio is in VTSAX u goose
 
I worked for a commodity trading company for a year and a half and the trading floor was the wild west. 5-6 screens on every desk. The market didn't close at lunchtime so everyone got $20 of lunch literally delivered to their desk. Loud AF people on the phones all day long or yelling at each other on the floor. The turnover rate was fucking insane. We literally had a psychiatrist like in the TV show Billions to talk to people who were routinely making poor trades and losing money. I worked there as a contractor and it's a stressful environment to say the least. It was good experience but I don't know how people do that their whole lives.

14244155:soup said:
Don't think of it as luck. You may as well just give me your money and maybe I'll give it back, if you're lucky. That's how you're treating the stock market. It needs to be an educated look at actual numbers or you are just gambling. You can win doing this and people do but they have 6 computer screens in front of them, a bottle of Adderall, and no day job. Not a solid life in my opinion.
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14244083:pokerman said:
Why is everyone only talking about meme stocks that make zero sense to invest in.

What about actual good investments with long terms growth potential instead of what ever reddit feeds you.
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Because people just want a quick win in Casino Nasdaq. Then greed takes over and people don't know when to get out. I max out my 403b and Roth and HSA and then use dispensible income for invidual stocks. Betterment is pretty chill too if any of you know about that.

14244151:Charlie_Kelly said:
Plenty of non-meme stocks posted in here, not a lot of pages you need to sift through either to find.
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Agreed. Kingskier has had some pretty good suggestions in here for some momentum plays. Also you or whoever that was with NIO made me 100% gains. If I had bought the day you posted about it, I'd be up even more. What's really funny is when dogecoin and GME was all the rage in this thread, I posted about Ocugen being a potential pop...turned 1k into 6k in a day lol. Sold 2/3 and keeping other 1/3 cuz if their vaccine is successful, it's got lots of room to run. If anyone has $500-1000 that they're comfortable with potentially losing all or making a fuck ton, I'd buy that stock. High volatility but could be worth it.
 
14244157:soup said:
Favourite providers to me right now are MMED, DND.TO, VERY.CN, and CSIQ. Most excited about MMED future it's a solid winner.
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Yo what are some good stocks to buy right now to make a quick buck on

how much did u lose with dodge?
 
14244885:MiIfHunter said:
Yo what are some good stocks to buy right now to make a quick buck on

how much did u lose with dodge?
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I'm not good at quick gains I've been trying to but I keep getting fucked. My success has come from long plays. I'm too busy to play the day gains game.
 
14244961:soup said:
I'm not good at quick gains I've been trying to but I keep getting fucked. My success has come from long plays. I'm too busy to play the day gains game.
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which quick gains have u got fucked from and how long did u wait to make money from the long gains
 
14244967:MiIfHunter said:
which quick gains have u got fucked from and how long did u wait to make money from the long gains
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All of my losses have come from me buying into the hype. If something is either in the news, being talked about on youtube, or your mom knows about it it's too late and you're buying at a peak I've learned.

Long term gains can take a month or years. It depends on what kind of return you're looking for. One of my investments is an ETF which I've had for four years and I've seen an 18% return, but it's safe and I don't have any worry about hanging on forever to that one. Another, I've had for three months and had 143% return and could sell tomorrow I'm not too attached to it.

If youre looking for a quick buck it's a tough world. Some dudes pull it off but you should look at it as an investment for your future.
 
on Sunday i am expnading my portfolio further! buying Polkadot, Litecoin, Cardano, buying more more Ethereum, maybe Ripple now sure yet, maybe Tron and Chainlink?

anyone know anything much about Ripple, Tron, and Chainlink?
 
14246247:MiIfHunter said:
on Sunday i am expnading my portfolio further! buying Polkadot, Litecoin, Cardano, buying more more Ethereum, maybe Ripple now sure yet, maybe Tron and Chainlink?

anyone know anything much about Ripple, Tron, and Chainlink?
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Go heavy in Ether. The only comparative crypto to bitcoin is Ethereum. It’s used for other purposes and had a finite source like btc.
 
14246261:zues said:
Go heavy in Ether. The only comparative crypto to bitcoin is Ethereum. It’s used for other purposes and had a finite source like btc.
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how heacy brutha? im outting another 2k in ur
 
14246247:MiIfHunter said:
on Sunday i am expnading my portfolio further! buying Polkadot, Litecoin, Cardano, buying more more Ethereum, maybe Ripple now sure yet, maybe Tron and Chainlink?

anyone know anything much about Ripple, Tron, and Chainlink?
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Ripple is a company that has a crypto called XRP that is under heavy scrutiny from the SEC at the moment so some exchanges have paused trading. It's supposed to act as a cross border rapid payment solution but from the sound of it not many institutions have used it without getting paid by Ripple to try it out.

Tron is chinese coin that's has been claiming big things since they started and haven't really delivered much that I've seen. It was big in the pump and dump groups back in 2017. It's a low price/high marketcap coin so it has reasonable potential for a high return if it starts climbing but it hasn't done much of anything this whole bullmarket so I would consider it pretty volatile.

Functionally, chainlink is supposed to act as the middle man between databases and smart contracts on the blockchain. Other than that I don't really keep up to date with is going on with it internally. 4chan basically shilled it into it's current price over the last year so do what you will with that information.
 
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