Boiler Room: The Official Stock Market Discussion

[LeVraiPapi]

this lowkey is my favorite thread now.

What yall think about MGM

MGM is great for long term. The support at $9 was probably the strongest out of all stocks in that category. Expect them to shoot back up quickly as more good news comes through, but the issue will be rug pullers at the top. It's plenty of people that loaded up and waiting to cash out as soon as their value shows signs of promise. I would find financial firms that control their money instead. Less cluster and more winnings.

 

[princeofhaiti]

anybody got exposure to QQQ ETF in the NASDAQ?

Shares are only 200$ and it gives you exposure to the top 10 tech companies like google and amazon

 

[Da_Eggman]

Are we buying Monday or sitting out

 

[Tony D'Amato]

Good catch, going do some market research.

Places like that will go bankrupt off this shyt.

 

[Serious]

Places like that will go bankrupt off this shyt.

No doubt, restaurants in general are in a freefall.

I just think its interesting to keep an eye on.

Their business model depends too heavily on consistent revenue vs actually having a savings in place.

PLAY is a good / risky pump and dump stock, but I wouldn't hold on to it too long, in this environment where no vaccine on the horizon.

It'll take awhile for people to feel comfortable gravitating to places like that.



Peeps who bought in at $5 a share and let it rsse to $15 won for now though. @Skooby

 

[Tony D'Amato]

No doubt, restaurants in general are in a freefall.

I just think its interesting to keep an eye on.

Their business model depends too heavily on consistent revenue vs actually having a savings in place.

PLAY is a good / risky pump and dump stock, but I wouldn't hold on to it too long, in this environment where no vaccine on the horizon.

It'll take awhile for people to feel comfortable gravitating to places like that.



Peeps who bought in at $5 a share and let it rsse to $15 won for now though. @Skooby

Its Interesting in how the dow is performing compared to the s&p . Im no expert, but to my untrained eye the gov is printing $ to prop up what they deem the most crucial companies to the economy are.

Also, I don't think its a conspiracy theory that all these tech companies are about to become even bigger in exchange for even more data exchanges on citizens

 

[Serious]

And these are the same folks that criticize Bernies policies as financially impossible.

nikkas pulling trillions out of thin air...fukk out my face.

@LurkMoar

 

[BucciMane]

this lowkey is my favorite thread now.

What yall think about MGM

I said it a few times already, but I had the trigger ready on MGM at around $10.50, but my wire didn't hit Fidelity until Monday. It went up to around $14 that day.

MGM is the one I hope drops, so I can pick up a lot.

 

[Saysumthinfunnymike]

I had MGM but I got impatient and sold off my shares and started a position in ERI. I like MGM it's just that they don't have the initial upside that ERI did and I didn't want to be involved in too many Hotel stocks.

MGM at $14 is kinda I would wait on that.. if it drops again then by all means but at $14 you'd probably be waiting a while for it to get back to say $28 or even $25... etc.

On the plus side, MGM ain't going nowhere.. they can survive this for a while.

 

[Saysumthinfunnymike]

Peeps who bought in at $5 a share and let it rsse to $15 won for now though. @Skooby

I got out after I tripled up on it. PLAY did it's job but now is probably not the time to buy them. If they drop way down to $5 or near again then sure.

 

[88m3]

OPEC and allies finalize record oil production cut after days of discussion

 

[Saysumthinfunnymike]

Are we buying Monday or sitting out

I think I'll be cautiously.. buying. Buy a little if we're green, buy way more if it's a big red day. Futures looked positive late Friday, I imagine it will probably be another green day on Monday, there hasn't been too much of a damper put on this optimism yet.

Maybe something like Disney drops slightly but I think everything else is still in a "we'll be back soon " mode..

I'd love a huge fukking -1000 points day tho lol

 

[Majestic]

This stock shyt really is all about patience couple stocks I copped a few week ago are expected to blow up. Let's fukking get!

 

[Serious]

If you invested in Boeing I don't think we will be left holding the bag. I could cash out right now but imma wait

Boeing is too big to fail. It's a US entity. They aint going let China or Europe(Airbus) takeover the aviation manufacturing department.

 

[Majestic]

I’m seriously thinking of selling all my stock Monday and take my wins and wait this out till the crash. Then invest again....

Agreed!