Boiler Room: The Official Stock Market Discussion

[Saysumthinfunnymike]

Yeah with Tesla some people saw "3 years" and didn't look at the bigger picture. We are moving to EV and Tesla is so far ahead in terms of tech and scale its scary.

Overvalued now ok.. but what about 3 years or 5 years or 10 years?

If they actually control the market plus innovate and become an energy company you are looking at an enormous market cap fundamentally

 

[Scholar]

Looking for a 3:30 pacb run

 

[Saysumthinfunnymike]

How you holding up during the SPAC attack @FabTrey lol

NKLA fukked the game up but I'm confident we will be back

 

[Kyle C. Barker]

California stopping gas car sales by 2035 is big fukking news.

Whaaaaat?!?!

Not even mad at that since we eventually have to get serious about greenhouse gases. Oil companies probably losing their shyt.

 

[princeofhaiti]

ally just sent the dreaded email..interest rate now at .6
at this rate its looking like negative interest rates in a couple months
the term "savings account" shouldnt even be used during this pandemic

 

[El_Mero_Mero]

Ally Bank APY % down again.

 

[morris]

Looking for a 3:30 pacb run

stock drop or rise? reason??

 

[dora_da_destroyer]

savings accounts are necessary, so it is what it is re APY, but there's little incentive to go with these online-only banks over your local credit union or national bank.

 

[Serious]

ally just sent the dreaded email..interest rate now at .6
at this rate its looking like negative interest rates in a couple months
the term "savings account" shouldnt even be used during this pandemic

m1 is basically my savings account.

If I need cash quick, I can take out a loan, at 2%.

 

[Scholar]

stock drop or rise? reason??

I was looking for a $9 finish but 8.91 ath isn't bad

 

[winb83]

savings accounts are necessary, so it is what it is re APY, but there's little incentive to go with these online-only banks over your local credit union or national bank.

Today Ally just lowered my APY to 0.60% a local credit union it still probably 0.01% though. 0.60% is almost worthless to me. I can park my money in the ETF BND and get a better rate and the money I've had parked there so far hasn't lost any value all year really.

 

[FabTrey]

How you holding up during the SPAC attack @FabTrey lol

NKLA fukked the game up but I'm confident we will be back

aint no fun losin most of my gains on LCA and SPAQ. still up 40% on SHLL, but maybe i shouldve sold it at $58. got greedy and passed on 160% gain

 

[K-Deini]

My understanding of spacs are that $10 is the absolute lowest they can go so if deals fall through you get that back for your shares. Is that correct? If so, spaq and lca still seem like safe bets to pretty much make money at these price points, especially if another terrible tank occurs

 

[FabTrey]

My understanding of spacs are that $10 is the absolute lowest they can go so if deals fall through you get that back for your shares. Is that correct? If so, spaq and lca still seem like safe bets to pretty much make money at these price points, especially if another terrible tank occurs

it definitely looks like $10 is the bottom. im out as soon as these 2Xs.

 

[dora_da_destroyer]

Today Ally just lowered my APY to 0.60% a local credit union it still probably 0.01% though. 0.60% is almost worthless to me. I can park my money in the ETF BND and get a better rate and the money I've had parked there so far hasn't lost any value all year really.

they're both worthless, but just keeping it where you keep your checking offers faster/easier access.