Boiler Room: The Official Stock Market Discussion

[Ohene]

No offense but you looking at the market every few minutes for a "sign" of something is ridiculous Do you tho.. I'm winning either way

Who's looking for "signs" in the market though? I havent even addressed you, you sound salty breh

what's really ridiculous is people knowing nothing about the economy/markets trying to puff their chests out

 

[Ohene]

i haven't even been following square, but i'm confused on why it ran up this year, did they do anything different than they've been doing for the past 2?

Bitcoin was a big factor

 

[dora_da_destroyer]

Bitcoin was a big factor

what does this mean? i don't pay any attention to crypto...is square taking bitcoin or some shyt?

 

[El_Mero_Mero]

Square is a company i am personally very high on

You could also take a look at arkf too, i think it has really good value long term

Would you buy at it's current price though?

 

[Ohene]

what does this mean? i don't pay any attention to crypto...is square taking bitcoin or some shyt?

Pretty sure they mine and sell bitcoin to customers (maybe through cash app). This should explain it well
Square’s Big Bitcoin Haul Is Good for Square but Better for Bitcoin this will explain better but yea.

combine that with the fact that COVID only means cashless payments will be needed more than ever and Square ultimately has done well. I'm a huge square bull...been one for a while. Had options in the Company when it was at $37 this year but sold them for a different trade with an intent to get back in and ultimately lost lol.

 

[Serious]

Would you all say that Square is the kind of company that you just buy it at it's current price and then keep buying every time a dip comes up?

yeah

 

[Ohene]

Would you buy at it's current price though?

very rich valuation to be honest

buy it if you must but prepare to average down if theres another dip/correction that ensues. Square is the future...their product is brilliant to be honest. I have been saying for years that them and shopify should merge and take over the game

 

[Serious]

Need lmnd to dip again, I wasn't done loading up.

 

[old pig]

so did yall buy the $320-$350 TSLA dip? its over $390

some dude on another forum was talking about waiting til it dropped to $200

 

[Panther]

Would you buy at it's current price though?

i bought into arkf recently and square is its largest holding, i dont own individual shares of square yet

 

[Serious]

some dude on another forum was talking about waiting til it dropped to $200

It could but if tesla is down that much, I guarantee a lot of shyt will be as well.

I wouldnt try to purchase any new tesla stock, until after battery day has settled.

 

[Saysumthinfunnymike]

Who's looking for "signs" in the market though? I havent even addressed you, you sound salty breh

what's really ridiculous is people knowing nothing about the economy/markets trying to puff their chests out

What would I be salty about? explain that

 

[Saysumthinfunnymike]

some dude on another forum was talking about waiting til it dropped to $200

The way the market has been it could be $200 on Friday and $500 on Monday

 

[Ohene]

out of puts for now....left about $500 on the table but I cant complain
will maybe head back in after the weekend

 

[NaijaProdigy Redux]

i haven't even been following square, but i'm confused on why it ran up this year, did they do anything different than they've been doing for the past 2?

surge in cash app use due to COVID-19