Boiler Room: The Official Stock Market Discussion

[mannyrs13]

My dumbass just noticed I already had copped 4500 shares of that STWC earlier in the day.

Oh well. Its only $1.13 if that order goes thru in the morning for 750 anyways. Got so much shyt now that I can only keep up with my major players and let the others do their thing.

 

[Domingo Halliburton]

Pretty much. Open an account, you can either do an investing strategy and let LC auto invest in loans for you or you can pick exactly what you want. Loans are rated, was A-D but they’re not loaning to D-level borrowers (high risk but higher interest earned) and mature in 3 or 5 years. Definitely a good passive play to have in your income/investing mix, kinda like a higher ROI CD

What happens when a bunch of them default?

 

[dora_da_destroyer]

What happens when a bunch of them default?

That’s the risk you take, like all other investing, you can lose money, but they have a pretty low default rate, especially for higher grade loans.


LendingClub Statistics | LendingClub

 

[Saysumthinfunnymike]

@Chef Mello if you're concerned about your longs just set a price where you'd wanna sell if shyt drops too much. Basically what I'm doing on my longs is I'm just holding on to shyt that will survive anything..

For instance, I'm not gonna be long term in the airlines and shyt. Make as much as you can now and get out.

 

[Domingo Halliburton]

That’s the risk you take, like all other investing, you can lose money, but they have a pretty low default rate, especially for higher grade loans.


LendingClub Statistics | LendingClub

Are they business or personal?

 

[mannyrs13]

Gonna keep an eye on ZOM tomorrow. Hearing something about an offering expiring at .15 and it was going for .24 before. I'm in for 1500 at only a $3.19 profit so far but hopefully it goes on a run tomorrow and I can sell some back.

 

[FukkaPaidEmail]

Imma need trump not to say anything stupid about China today

 

[Scholar]

Imma need trump not to say anything stupid about China today

Think he's having a press conference about it so you already know he will

 

[mr. smoke weed]

Sell your shorts now, then buy them back on Monday or Tuesday. No way trump doesn't say something retarded.

 

[who_better_than_me]

Sell your shorts now, then buy them back on Monday or Tuesday. No way trump doesn't say something retarded.

But my success rate is so much higher with calls than puts


and covered calls is for pussies!!!

 

[the cac mamba]

Imma need trump not to say anything stupid about China today

i'm gonna disagree

 

[mr. smoke weed]

But my success rate is so much higher with calls than puts


and covered calls is for pussies!!!

IDK What a call is. Can you educate me?

 

[mr. smoke weed]

Imma need trump not to say anything stupid about China today

lol

As likely as my need for a herd of wild unicorns breh

 

[Idaeo]

anyone follow swingtradebot on twitter? it seems to drop some good tips

 

[winb83]

Foot Locker cut the dividend. Might just dump it and put those funds into something else. I don't love the stock enough to tolerate a dividend cut. It was just something Financial Education pointed out that had a nice dividend and seemed sound when I looked it up so I bought it.