Boiler Room: The Official Stock Market Discussion

[Saysumthinfunnymike]

Yeah I mean if they get in the 500s after hours I might think about holding on myself. Tho I feel like it has to come down to an average so ill probably sell it and take my gains

This might pay for my Netflix sub several years over

 

[ahomeplateslugger]

TVIX can be a good play here, lots of volatility in the market. I'm going to start with 10 shares.

good buy. VIX looks like it wants to start running up. that leg down in the market might come sooner than later because of the oil crash

 

[winb83]

Y’all think I should sell out off my Exxon mobile? I’m down 300 since March and fukk with some oil tankers or xspa

I'm keeping my Exxon long term. It's a very small position @ 20 shares but my average price is $65.00. I bought last summer.

 

[ill]

i literally just read about that
im learning as the day goes on

what about buying CALLS instead?
if u buy an option, u wouldnt have to worry about fees right?

i bought a Jan call when USO hit $5 thinking there’s no way it goes lower. It did lol. Option is worthless atm. I think it does turn around but the way USO moves I should have read more into it

 

[Da_Eggman]

i just be tripping off ya saying ya made like 400 in a day and ya eating. I’m in it for the long run but I go into my account and see myself on red lol.. My biggest gain has been off amc. Lol... who would have thought? Lol... I know it’s part of the game but constantly looking will make you rethink certain moves. Lol... and most of mines is long term safe bets (Disney, Uber, appl) I dabbled on amc and akts.

You ain’t gonna get an easy lick you need to be patient

try with little amount and test out things don’t go all on on anything yet

 

[Da_Eggman]

Y’all think I should sell out off my Exxon mobile? I’m down 300 since March and fukk with some oil tankers or xspa

I’d wait long term at this point it will come back but in months

 

[Domingo Halliburton]

Somebody really likes pinterest to go over $19 with all the calls they bought

 

[Domingo Halliburton]

Two intriguing names to me: VEEV and CCL.

CCL (more like a 2021 play) because of the saudis, VEEV may already be priced in.

 

[T.H.E.GOD]

Two intriguing names to me: VEEV and CCL.

CCL (more like a 2021 play) because of the saudis, VEEV may already be priced in.

Had some change left over from my original budget so I spent it all on ccl. Almost forgot about that and saw it dropped to 12 when it was at 14 at one point. Thanks bro!

 

[Chrome2279]

Comcast just bought Vudu from Walmart....



Comcast owns fandango

 

[Saysumthinfunnymike]

You ain’t gonna get an easy lick you need to be patient

try with little amount and test out things don’t go all on on anything yet

Not that I would do this necessarily but if someone invested in MGM, CCL, Norweigan, AAL, etc. and just threw money at each, that's where you are likely to see some doubles... it might take a year or two tho and it could be frustrating.

If one fails maybe the other 4-5 hit.

 

[Donald J Trump]

i bought a Jan call when USO hit $5 thinking there’s no way it goes lower. It did lol. Option is worthless atm. I think it does turn around but the way USO moves I should have read more into it

Go look at XLE

I mean you'll just have to worry about decay and premium then...and like we were just talking about, is this etf going to perform like it should? or will returns be eaten up by these huge carrying costs buying futures?

I dont think etfs like this are meant to be long term investments. Theyre usually for experienced professionals to make short term swing trades.

I understand your main thesis here: oil cant possibly go lower so this is a good time to buy. But i would read the prospectus (i know it can be pretty boring stuff) for something like USO before i committed a big amount of money towards it..

Personally, I'd stay away.

i may go with XLE. They follow companies. Thoughts? a lot of these etfs u cant hold long term, im not used to that..

 

[88m3]

Also you can contribute to your 401k till July 15 to offset your taxes from 2019 if anyone needs to

should've read as can*

yeah that's just asking to get clobbered


might be better off looking into other commodities if you want to gamble

 

[Da_Eggman]

Already had 150 shares of XSPA at 0.41. Worth throwing more cash in, y'all think?

It looked like it could 1.00 by the way it was moving today

the hype is that they will be doing the testing at airports when they open up

 

[NkrumahWasRight Is Wrong]

I took a small position in uso but set a sell in case it falls off a cliff

Ill just eat the L