Boiler Room: The Official Stock Market Discussion

[Saysumthinfunnymike]

Its not far off the 52 week high

Still good value?

Them and VXRT for seasonal flu vaccines. Announced today. It already had a bump of 10% today tho so IDK if it will sustain

 

[NkrumahWasRight Is Wrong]

Them and VXRT for seasonal flu vaccines. Announced today. It already had a bump of 10% today tho so IDK if it will sustain

Thats what im thinkin

People late to the party buy in the morning it goes up a bit then everyone else secures profits

 

[Saysumthinfunnymike]

Thats what im thinkin

People late to the party buy in the morning it goes up a bit then everyone else secures profits

Yep..I mean who knows but I saw this Abbott labs. It was flat off the previous bump which is funny because that's a great piece of technology but still after the first day nobody cared anymore. I'm still watching tho

 

[T.H.E.GOD]

to all of you starting out i suggest you use the next few weeks to study stock terms, financial statements, chart reading, find several stocks that'll survive this that you want to invest in and stack your money.

don't rush to jump in this right now.

and don't use robinhood!

I keep seeing people say don’t use robinhood and it’s what I’m starting with for now. Seems simple and easy enough and has the stocks I’m looking into. What can go wrong?

 

[ogc163]

Howard Marks Weekly Memo is always insightful imo. And Marks is one of the clearest and concise writers I've come across.

https://www.oaktreecapital.com/docs/default-source/memos/which-way-now.pdf

 

[Saysumthinfunnymike]

Howard Marks Weekly Memo is always insightful imo. And Marks is one of the clearest and concise writers I've come across.

https://www.oaktreecapital.com/docs/default-source/memos/which-way-now.pdf

To sum it up. Prices will drop but once this is somewhat resolved they will come back and just my personal belief, I feel they will come back strong. That's NOT to say 52-week highs. But they will see some massive gains nonetheless.

Did we already reach the bottom? Maybe.. but there will be more dips and eventually prices get so low that it's crazy not to bite.

 

[Majestic]

Thats what im thinkin

People late to the party buy in the morning it goes up a bit then everyone else secures profits

Yep. this is very annoying. You gotta know about the stock a day or two before.

 

[Majestic]

But then let's say you spent $500 on Amazon years ago when it was trading at $50/share during the recession. Now it's trading at $1900. You would be at $19,000

It's not easy to predict a stock will take off like that, I'm giving you the good feel stories. There's a lot more bad stories out there than good. You gotta do your research.

In fact, you probably shouldn't enter the game without knowing the basics. I'm not an expert myself at all... I read and read everyday.

You can kind of feel when a stock will take off like amazon. It's quite clear that Tesla and Disney are going are going to take off this decade.

Investing in these companies when they are low to buy can really allow you to retire early.

 

[Saysumthinfunnymike]

You can kind of feel when a stock will take off like amazon. It's quite clear that Tesla and Disney are going are going to take off this decade.

Investing in these companies when they are low to buy can really allow you to retire early.

I'd be careful with the "Disney is going to be a $500 stock" talk. I think it has potential and that's why I'm holding but don't put everything into that.

Tesla is so crazy.. I don't know where to begin. I mean if it hits the $380's or so again I'll bite but it's admittedly a stock I don't understand lol

 

[Saysumthinfunnymike]

If Disney can get Disney+ off the ground soon I'd love it more. It had a spark and got a nice bump from it but they need to get these shows out there and start cornering their piece of the market. Netflix is still killing them.

I don't need Disney to be Netflix but I'd like to see them become the clear #2 and eat into the pie.

 

[T.H.E.GOD]

I'd be careful with the "Disney is going to be a $500 stock" talk. I think it has potential and that's why I'm holding but don't put everything into that.

Tesla is so crazy.. I don't know where to begin. I mean if it hits the $380's or so again I'll bite but it's admittedly a stock I don't understand lol

i won’t lie. I’m counting on Disney. Lol... but I’m hoping it’s gonna dip to the 80’s. I think I’m being way too greedy.

 

[Saysumthinfunnymike]

i won’t lie. I’m counting on Disney. Lol... but I’m hoping it’s gonna dip to the 80’s. I think I’m being way too greedy.

Nah, it could hit the 80s again real soon. Do I think it will hit $80 on the nose? I don't know, that's when I got into Disney because at $80 I felt like it was stealing.

They've lost $10/share since last week. Part of that is the virus of course but their earnings are going to take a significant hit, parks are closed, no movies, Disney+ is lacking..

What Disney has that I love is a trusted brand name and the ability to conquer everything.. They might actually corner the entire movie industry. They are getting close to it.

 

[T.H.E.GOD]

Nah, it could hit the 80s again real soon. Do I think it will hit $80 on the nose? I don't know, that's when I got into Disney because at $80 I felt like it was stealing.

They've lost $10/share since last week. Part of that is the virus of course but their earnings are going to take a significant hit, parks are closed, no movies, Disney+ is lacking..

What Disney has that I love is a trusted brand name and the ability to conquer everything.. They might actually corner the entire movie industry. They are getting close to it.

Word man. That’s the only stock I’m trying to wait for to be real man. I’m looking at others but really waiting for Disney to drop drastically because it’s almost a guarantee payback no matter how you slice it.

 

[El Bombi]

Nah, it could hit the 80s again real soon. Do I think it will hit $80 on the nose? I don't know, that's when I got into Disney because at $80 I felt like it was stealing.

They've lost $10/share since last week. Part of that is the virus of course but their earnings are going to take a significant hit, parks are closed, no movies, Disney+ is lacking..

What Disney has that I love is a trusted brand name and the ability to conquer everything.. They might actually corner the entire movie industry. They are getting close to it.

Companies like Disney and Starbucks are not going anywhere.

These are safe bets IMO.

Starbucks is basically a legal Trap House.

 

[Saysumthinfunnymike]

Companies like Disney and Starbucks are not going anywhere.

These are safe bets IMO.

Starbucks is basically a legal Trap House.

I wanna see if Starbucks gets back into the 50s