Boiler Room: The Official Stock Market Discussion

FabTrey

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I like aspects of M1 and wish Fidelity would jack them but I can't mess with that trade window. I like the auto invest from M1 but SoFi has a trade window and it infuriates me. It's at like 3:30-3:40 PM and if you haven't set up your trade before then and there's a fractional share in it you have to wait till the next day.


Yeah that shyt is messed up.

I have m1, ally, robinhood and fidelity. All of them has pros and cons. I tell nikkas not to day trade and just pick a long term stocks because in the end it's all about the compounding interest.
 

winb83

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Yeah that shyt is messed up.

I have m1, ally, robinhood and fidelity. All of them has pros and cons. I tell nikkas not to day trade and just pick a long term stocks because in the end it's all about the compounding interest.
How do you keep up with 4 brokerages? I damn near don't wanna use 2. I wanna move all my holdings to Fidelity. I'm thinking of re-organizing them and moving all my long term holds to Fidelity and all the stuff I don't really care about to SoFi.
 
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I don't know if we will see a huge dip now unless the reopening is a disaster, which it could be. If the reopening is 'passable' then I would suggest most of the Q3 earnings would be priced in.

Several industries will suffer like restaurants, cruise lines, maybe casinos but probably not, airlines should be the first to recover even if it's 1-2 years before they fully recover.

I just don't see shyt like tech stocks and the like dropping all that much. Why would they. The uncertainty of Q3 is probably priced in.
 

Da_Eggman

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The only thing I can conclude is most of the unemployment are unskilled workers to begin with the big money jobs are still going on working from home mostly

the waitresses, bar tenders, retail workers, and teachers are hurting most but some are actually making more on unemployment then they were working

the thinking is these kinda jobs can be filled just as easy as they were cut off

the other thing to consider is people haven’t been spending money during tockdown and may actually come out with more savings than before

unless another breakout or some kinda fukkery during reopening we ain’t seeing a huge crash

but what do I know everybody keeps saying a crash is coming
 
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Some position news from me.

Sold: Disney, Uber.

Buy: BRK.B

Now this is before F.E. just put out his most recent video. I had been looking at BRK.B for a while and I feel it's undervalued right now.

Disney, I felt like I got about as much as I could get out of it and while I'm still bullish on Disney, I think I can buy back in relatively easy at another time. I still want Disney down the road but I'm looking to make other moves and I want to free up that cash.

Uber I actually fukked up on only because I had a perfect cost basis and then ruined it. Now I'm not getting as great of a return as I'd like and again while I'm still bullish on Uber and want to get back in at some point, I don't want to tie so much money up into a cost basis I don't love.

BRK.B could be a long term position in my portfolio but I'm also not opposed to flipping it.

Again, I'm still bullish on DIS, Uber.
 

Serious

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Some position news from me.

Sold: Disney, Uber.

Buy: BRK.B

Now this is before F.E. just put out his most recent video. I had been looking at BRK.B for a while and I feel it's undervalued right now.

Disney, I felt like I got about as much as I could get out of it and while I'm still bullish on Disney, I think I can buy back in relatively easy at another time. I still want Disney down the road but I'm looking to make other moves and I want to free up that cash.

Uber I actually fukked up on only because I had a perfect cost basis and then ruined it. Now I'm not getting as great of a return as I'd like and again while I'm still bullish on Uber and want to get back in at some point, I don't want to tie so much money up into a cost basis I don't love.

BRK.B could be a long term position in my portfolio but I'm also not opposed to flipping it.

Again, I'm still bullish on DIS, Uber.
Thats how I feel too about certain stocks at times, i contemplate whether I should get rid of them and profit at their peak, when there's a good chance they'll drop down to respectable level, before they go up another notch.

Like if they drop down to a respectable level, then it's like damn I could made money off the stock when it's at its peak....

Either way I have no doubt Uber will drop back down to the 26-28 range some time within the next 2-3 weeks. They're just not generating revenue like the past.
 

winb83

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Some position news from me.

Sold: Disney, Uber.

Buy: BRK.B

Now this is before F.E. just put out his most recent video. I had been looking at BRK.B for a while and I feel it's undervalued right now.

Disney, I felt like I got about as much as I could get out of it and while I'm still bullish on Disney, I think I can buy back in relatively easy at another time. I still want Disney down the road but I'm looking to make other moves and I want to free up that cash.

Uber I actually fukked up on only because I had a perfect cost basis and then ruined it. Now I'm not getting as great of a return as I'd like and again while I'm still bullish on Uber and want to get back in at some point, I don't want to tie so much money up into a cost basis I don't love.

BRK.B could be a long term position in my portfolio but I'm also not opposed to flipping it.

Again, I'm still bullish on DIS, Uber.
I'd rather keep Uber and Disney. I'm not selling Uber period. I'll ride it all the way down to zero. This is the time to be buying Disney as well. There isn't a cost basis available on Uber that's bad.

I did what you did with Tesla. I had it for $280-$320 and sold out of it. I did it for different reasons, there were other stocks I wanted and I didn't have the capital to both hold Tesla and purchase them so I sold Tesla and used the proceeds to buy them. Needless to say they didn't pan out like Tesla went on to do. I also had 10 shares of FB last year when all the trade war stuff broke out and Apple stock was in the $170s close to FB's price so I sold all my FB shares and bought Apple shares and that did work out. Up 60-70% on those shares. Lastly I sold out of Uber before I built this position I have now and bought Intel back when it was in the $42 range closer to Uber's price at the time. Both Apple and Intel worked out great but I'm not doing that anymore. If I buy a stock unless the business has materially changed or it's something like CCL's situation I'm not selling anymore.
 

K-Deini

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Whats everyone looking at today? I'm trying to keep out of the markets today after yesterday's debacle
 
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