Boiler Room: The Official Stock Market Discussion

[who_better_than_me]

long term yes. 8-10 range on AAL is good buy. Only issue is it might be a year or two before it gets back up top. Mid term airlines are fukked.

Yeah AAL depends heavily on international travel so it’ll be a while before they Recovers

 

[dora_da_destroyer]

Uber and lyft melting down. Only a matter of time before these two announce a merger

 

[VFib]

BWMX went from $8 to $21 today

 

[ill]

I was just looking back at my original post to start this thread. There's a great lesson there in the value of investing in an exceptional growth company (Apple).

In 2012, I had 65 shares of Apple. I worked retail through college and took Employee Stock as part of my pay. I maxed out the contributions. I ended up making more on the stock gains than I did with my part time wages for the year. I think I put in 5-6k and ended up turning that into 30k. That took about 4 years to get those gains (Apple was just starting to take over everything, I started collecting shares before the iPhone came out). So lesson 1, if you have the option for stock in the company you work for, and you believe in its potential for growth - take the equity and let it work for you.

I ended up selling all my shares in late 2013/early 2014 and pocketing that 30k (25 profit) and starting a business with it. It worked out very well but in hindsight I should have left the stock sit in my account. Those 65 shares would be 455 shares after the 2014 split. That would be about $190,000 today. In 8 years I would have turned 6k into 190k. (That's a 30x+ flip) So lesson 2, if you have an amazing stock - don't overthink it and let it do its magic. Long term the great companies always shine.


side note: Apple Retail let you put aside I think 5-10% of your paycheck and let it go towards stock. Then they would give you 15% off the lowest price of either the start or end of the quarter. You would literally make gains instantly when they awarded your options. I still have a few friends that either work there or still have their stock and some of these dudes that were making $15/hr for years now have 3-400k in AAPL stock that they got for pennies.

 

[VFib]

BWMX went from $8 to $21 today

Now $30

 

[Panther]

Uber and lyft melting down. Only a matter of time before these two announce a merger

who's the long term pick?

once self driving hits they one or both are going to make a killing

 

[Serious]

aleady been doing that since yesterday and early AM today, keeping my remaining capital until i see where shyt might be going. i'm in deep on jagx, admp, lca, abio, poai, spaq, wwr and a few others

you’re in a lot spec plays.

High risk, high reward, but certainly high risk

 

[Serious]

Did anyone purchase Jumia (JMIA) when it was < $10?

My cost basis is like 5.30

 

[Serious]

Uber and lyft melting down. Only a matter of time before these two announce a merger

How many times I tell y’all to leave Uber alone in the past couple months.

 

[dora_da_destroyer]

who's the long term pick?

once self driving hits they one or both are going to make a killing

Uber got out of self driving and lyft was never in it. That’s why they have to merge, both are pretty much running up against a wall, and covid (plus the push for drivers to be employed and not contractors) ain’t helping.

 

[VFib]

My cost basis is like 5.30

I’m still trying to under what it means... sorry.

I’ll eventually get on everyone’s level.

 

[Serious]

who's the long term pick?

once self driving hits they one or both are going to make a killing

Tesla

 

[dora_da_destroyer]

How many times I tell y’all to leave Uber alone in the past couple months.

Thanks for your continued conviction, but I got this on my end

 

[Serious]

I’m still trying to under what it means... sorry.

I’ll eventually get and everyone’s level.

The shares that I own are at 5.30, a share.


There’s still time to cop, just wait until after their earnings report on the 12th of August.

They have an offering on the table to dilute their shares.

That seems like a good time to stock up. I plan on loading up for long term, 3-5 years out.

 

[Scholar]

If Warren is selected as VP next week look for that red day