Boiler Room: The Official Stock Market Discussion

[K-Deini]

Yeah i do think you can be a bit more patient and at least try average things out.

A simple formula should help you calculate how many shares you need to buy at a dip...


Share1(number shares)
Price1(price you bought at it )
Price 2(price it's at now)
Share2( how many you need to average it out)


Share 1 x Price 1 / Price2 = Share2

As a long as company isn't on the verge of bk, you should be straight, because it's just a matter of time before it shoots up. That's why I don't lose any sleep over NAT. They're profitable as fukk, with a great balance sheet and people are shook as fukk like their price won't go up ever again.

I definitely fukked up buying 29k worth of southwest. Just too much

 

[who_better_than_me]

Got my eye on lyft. Slowly creeping down to my entry point

Why Lyft over Uber when Uber seems like the better growth company. And Better ran. They’re so close in price too

 

[Hahahaha]

Sold out of Boeing earlier. I'll buy back in if it dips back to ~130.

 

[DrunkenNovice]

So they are saying the 70% full is important because that might be the max that they can operate at if they follow social distancing guidelines.

Is this good news or bad?

In on TVIX at 155, while we go through this dip

Out:

 

[Loose]

Sold out of Boeing earlier. I'll buy back in if it dips back to ~130.

Always wonder whats the point of selling out of something if u believe it has potential just hold it

 

[who_better_than_me]

So they are saying the 70% full is important because that might be the max that they can operate at if they follow social distancing guidelines.

Is this good news or bad?

Yeah they definitely haven’t been complying with that. A guy owed me a buddy pass and I told him to cancel the flight because it was too packed l. They aren’t listening so remember that if you Coli brehs plan on flying.

 

[K-Deini]

Why Lyft over Uber when Uber seems like the better growth company. And Better ran. They’re so close in price too

Lyft tends to go from 27 to 32. Wouldn't be a long term hold, just a swing trade

 

[The_Sheff]

Got my eye on lyft. Slowly creeping down to my entry point

You going for that @*DalMem* bounce play?

-Edit, i see im late.

 

[who_better_than_me]

Lyft tends to go from 27 to 32. Wouldn't be a long term hold, just a swing trade

Your capital gains must be insane. You prolly hate tax season?

 

[chineebai]

Option flow is crazy for SONO today,its been 500k worth of call options all from 11:06 to now and still going. Caught the flow and netted 100%

 

[K-Deini]

You going for that @*DalMem* bounce play?

-Edit, i see im late.

 

[K-Deini]

Your capital gains must be insane. You prolly hate tax season?

Won't know til next season. Never traded before lol. I'm pretty sure ameritrade tallies all that stuff for you in a tax document so shouldn't be too crazy to do

 

[chineebai]

Thoughts on the options cost. Bit pricey / still worth it .


Thoughts re a baba breakout on earnings amidst delisting China stocks?

My rule for ER is I dont touch it, don't care which way it swings. But it is selling off into ER.

For china stocks, I like watching FXI - tons of puts for the past week, this is before Trump even said anything about China today.

 

[Scholar]

Option flow is crazy for SONO today,its been 500k worth of call options all from 11:06 to now and still going. Caught the flow and netted 100%

anything else getting solid flow rn?

 

[Chrome2279]

So apparently other countries that have opened are going back to lock down and social distancing. If this happens here stocks probably will crash again.