Boiler Room: The Official Stock Market Discussion

[Futuristic Eskimo]

Around when?

It seems people are already getting restless staying at home. I just think quarantines will be lifted by mid April. Then more people will probably get sick. But only those with health problems already are dying from it from what I see.

The American stock market is an outlier in the world. If the virus is lingering around and we have even moderate sized economic impacts from it, investment opportunities are going to be weak. People forget that when the market peaked in 2000, it didn't break that point until like 2013. We just had a ridiculous run up similar to that dot com bubble where the set up for weak returns looks similar to me.

Real assets should outperform financial assets for the foreseeable future.

 

[Saysumthinfunnymike]

Trump has no authority to lift governors stay at home orders. He's just an idiot talking shyt on stage.

Yes but an idiot who made me a lot of money last week by talking dumb shyt lol

 

[Futuristic Eskimo]

Yes but an idiot who made me a lot of money last week by talking dumb shyt lol

There are rallies like that in every bear market / crash. I think there were like five 10%+ rallies in 2008 or something during the prolonged crash. People attribute them to a lot of things but it's mostly short covering and rebalancing generally breh. Trump was up there acting like a fool and pumping the week before when it was crashing hard too. Whoever bought last week ate well though so well done making that money

 

[Thethirdpew]

Glad you see it coming too

What would you recommend someone should do during a great depression to offset inflation? Outside of buying gold. Are there any stocks that go up when a depression occurs?

 

[HALLOWEEN]

what you dropped it on? Which one specific?

My bad... I dropped $500 on CPE.. not 1k

 

[Thethirdpew]

My bad... I dropped $500 on CPE.. not 1k

I bought 2000 shares of CPE at .61 i really hope it pays off because they went down to .58

 

[T.H.E.GOD]

My bad... I dropped $500 on CPE.. not 1k

I bought 2000 shares of CPE at .61 i really hope it pays off because they went down to .58

I might drop 1k on Monday if it goes down even further. What ya hoping for this to reach to?

 

[Thethirdpew]

I might drop 1k on Monday if it goes down even further. What ya hoping for this to reach to?

I think it will reach 2.1. I think that there's some insider trading going on with these kinds of stock. Kind of like what happened to MFA last week.

 

[redd2013]

Think i’ll buy stock option puts on luxury companies next week to get my feet wet

ive never done options before, i was looking for luxury items with pps under $5 with bad income statements and balance sheets

whose thinking of buying luxury shyt at a time like this


Any thoughts?

What kinda putz u thinking right now I have spy, uber, bed bath and beyond, some hotel for got, penn national, and cgc weed company. Trying to get out of penn and cgc. Weed booming right now not about long term tho. Penn national was up big last week. Thinking of going another g into spy putz.

 

[Majestic]

I think it will reach 2.1. I think that there's some insider trading going on with these kinds of stock. Kind of like what happened to MFA last week.

Hope so breh

 

[The_Sheff]

I think it will reach 2.1. I think that there's some insider trading going on with these kinds of stock. Kind of like what happened to MFA last week.

What worries me about CPE as opposed to MFA is that MFA seemed to be an ok company well before this crash. CPE on the other hand been in a tailspin since late last year. Looks like you gotta get out on the right side of an artificial pump. Is that what everyone is banking on?

 

[Thethirdpew]

What worries me about CPE as opposed to MFA is that MFA seemed to be an ok company well before this crash. CPE on the other hand been in a tailspin since late last year. Looks like you gotta get out on the right side of an artificial pump.

Yea imma sell once it gets to .62 for some profit

 

[Donald J Trump]

What would you recommend someone should do during a great depression to offset inflation? Outside of buying gold. Are there any stocks that go up when a depression occurs?

better hit those balance sheets and look around for companies that are able to still get revenue even during a covid-19 shutdown like fast food.....

 

[Thethirdpew]

better hit those balance sheets and look around for companies that are able to still get revenue even during a covid-19 shutdown like fast food.....

I'm really bad at balance sheets. All i readly take into consideration is their revenue vs debt. The rest is alien to me

better hit those balance sheets and look around for companies that are able to still get revenue even during a covid-19 shutdown like fast food.....

Im going all in on the abbott testingg kit monday. Dropping 10K on it. I have 30k in checking and 50k in savings so ill be aight if it desnt go well. Do you discourage this move? I looked at their balance sheet and their revenue to debt ratio is low.

 

[Scholar]

I'm really bad at balance sheets. All i readly take into consideration is their revenue vs debt. The rest is alien to me

Im going all in on the abbott testingg kit monday. Dropping 10K on it. I have 30k in checking and 50k in savings so ill be aight if it desnt go well. Do you discourage this move? I looked at their balance sheet and their revenue to debt ratio is low.

Before you invest that amount please please do your research