Boiler Room: The Official Stock Market Discussion

[Reece]

Im thinking about buying Nokia or Ericsson as a long term play on 5g. Good idea or nah?

 

[KING WILL]

Im thinking about buying Nokia or Ericsson as a long term play on 5g. Good idea or nah?

I have to find the magazine again. But I Fortune did a breakdown on which 5G companies would be the best buys.

When I find it, Illl post up.

 

[KING WILL]

Anyone messing w/ any Biotech stocks?

 

[levitate]

Trying to decide if I fund my IRA and Brokerage accounts at the top of the year, or sit them in a high yield savings (2.3% right now)

This I what I did back in Feb of this year after it became obvious that last year's growth was unsustainable and a correction was coming...



Gonna go back to funding it as normal next Feb though.. no way the market performs this shytty next year...

 

[dora_da_destroyer]

This I what I did back in Feb of this year after it became obvious that last year's growth was unsustainable and a correction was coming...



Gonna go back to funding it as normal next Feb though.. no way the market performs this shytty next year...

You think? seems we just started this down slope late summer/sept. Being that there’s some tech stocks I want to buy, I need to wait out any continual slide

 

[KING WILL]

Uber has reportedly received proposals from Morgan Stanley and Goldman Sachs, which value it around $120 billion, substantially larger than its rival Lyft, whose market value is estimated closer to $15 billion.

If Uber’s valuation doesn’t change before it goes public -- Uber CEO Dara Khosrowshahi previously told FOX Business the company was on course to go public in the latter half of 2019 -- it would be among the biggest IPOs ever.

 

[Reece]

Uber talking about at $120 billion IPO (gtfoh) right as the market is turning to shyt. If I knew more about options that sounds like a good play.

 

[Domingo Halliburton]

Uber talking about at $120 billion IPO (gtfoh) right as the market is turning to shyt. If I knew more about options that sounds like a good play.

Theres no options market right now for a private company. They essentially are going to forced to go public. Somebody is going to want out of this investment. I wouldn't want to tell the Saudis no after they gave me billions of dollars.

 

[Domingo Halliburton]

Market is really slowing down, y’all think this is part of a larger slow down or a quick blip (something that will turn around in a quarter)? Trying to decide if I fund my IRA and Brokerage accounts at the top of the year, or sit them in a high yield savings (2.3% right now) and let some of the volatility play out so I’m not buying toward the higher end (or even middle) of a market that will decline further.

Hard to be bullish on anything if banks and tech keep acting this way. There's no breadth and the names that have lead this market up have been getting killed.

 

[Skooby]

Hard to be bullish on anything if banks and tech keep acting this way. There's no breadth and the names that have lead this market up have been getting killed.

Read in another thread that defense and energy always do well in poor economies. Thoughts?

 

[Domingo Halliburton]

Read in another thread that defense and energy always do well in poor economies. Thoughts?

Well oil has been getting killed. Trade tensions have been creating some problems for defense companies. Especially names like boeing.

If we're talking recession i would suggest discount retailers and "sin" industries like smoking.

 

[levitate]

Has GE hit bottom??



I'm about to cop a few shares...

 

[levitate]

Has GE hit bottom??



I'm about to cop a few shares...

fukk it...

Just bought at $6.92

 

[Skooby]

fukk it...

Just bought at $6.92

How many shares?

 

[dora_da_destroyer]

Can’t get a read for shyt on the stocks im watching. After a week of tumbling, they going back up. Don’t want to buy too soon also don’t want to buy too late