Boiler Room: The Official Stock Market Discussion

Majestic

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had a convo with a friend of mine, and we spoke heavy about stocks. the main thing we spoke about was the EV market and how people could get rich off it. He said that people out here got shares in tesla, nio, xpeng, nikola etc which is all good, however if you want score really big in the market you gotta put your money in one or two, one only if you're really serious about it. he said some have 2k in tesla, 2k in nio, 2k in nikola, 2k in xpeng, 2k in or whatever. putting something like 15k in one EV stock and not touching it could turn to 150k or 200k.

he sold his 10 stocks and poured it all in to tesla and peloton. he got 40k in tesla as his EV choice over nio and the rest. the other 10k in peloton. He thinks tesla will allow him to retire this decade due to selling his other stocks to fatten his position in it. he thinks he's gonna sell pton in the next few months to throw in tesla. he believes in it that much and thinks it can do no wrong.:wow:
 

FabTrey

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like i been saying about Slack (WORK), their only path forward was acquisition/merger and lo and behold Salesforce is looking to buy them. If it goes through, welcome to the grown up club of CRM, we been :eat: over here the past 3 years

Yall better listen when I say the same about DBX and even ZM in the long term :ufdup:

and they said "nah"...got damn


FE thinks 2-3x in next 2-3 years. and he dropped 21k call option :lolbron:


i'll keep it till $60. :shaq:
 

DaddyFresh

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had a convo with a friend of mine, and we spoke heavy about stocks. the main thing we spoke about was the EV market and how people could get rich off it. He said that people out here got shares in tesla, nio, xpeng, nikola etc which is all good, however if you want score really big in the market you gotta put your money in one or two, one only if you're really serious about it. he said some have 2k in tesla, 2k in nio, 2k in nikola, 2k in xpeng, 2k in or whatever. putting something like 15k in one EV stock and not touching it could turn to 150k or 200k.

he sold his 10 stocks and poured it all in to tesla and peloton. he got 40k in tesla as his EV choice over nio and the rest. the other 10k in peloton. He thinks tesla will allow him to retire this decade due to selling his other stocks to fatten his position in it. he thinks he's gonna sell pton in the next few months to throw in tesla. he believes in it that much and thinks it can do no wrong.:wow:
I’m trying to ride EV into homeownership :banderas:
 

Kyle C. Barker

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I’m trying to ride EV into homeownership :banderas:


If you find yourself in 20% down payment land you may want to hold onto it a bit longer and let it grow some more. Especially if it's Tesla. They got 2 major events among others in opinion. Robo taxis and the $25k car.
 

DaddyFresh

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If you find yourself in 20% down payment land you may want to hold onto it a bit longer and let it grow some more. Especially if it's Tesla. They got 2 major events among others in opinion. Robo taxis and the $25k car.
Yeah I’m in no rush. I wouldn’t mind holding for a few years if EV is skyrocketing .
 

El_Mero_Mero

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You are already up $1200 or so by my calculation not bad. LCA fed us this week breh

Thant's the range. My average is $11.63. I just don't want to lose any money on it. If it sinks all the way back down to $12 (God forbid), that'll suck, but at least it won't be a loss. I actually have more faith in LCA/GNOG though compared to other companies that I'm bag-holding or that I'll never recoup losses on (i.e. ASNA and MARK). I'm still learning alot by trial and error. I like casinos though. I realize that they're kind of detrimental to society as a whole, but I'm in debt, so I'm willing to look the other way.
 

Doomsday

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:mjlol: The only L's I took was on "blue chips" (ARKF and FSLY options).

:mjlol: I never took an L from penny's. Any red I got off a penny, I got that back plus more on the next stock. That's why I don't feel how everyone else feel about Day/Swings and dealing with penny's. It's the "blue chip" stocks I lost the most money with.

^^^ all in gang :wow:

:mjlol: You already know. I been told everyone the blueprint.
 

Doomsday

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Gotta do what works for you then. I’ve blinked and lost a couple grand with pennies. Meanwhile with blue chips, at worst I break even after a couple months.


Pennies can lead to some serious holding, with no hope, if you’re not out in time


:mjlol: I respect your point of view but someone could argue JMIA was a bad stock. Opened at 40, dropped to 4, then went sideways for a while, then jumped to 20, then back down to 9, then went sideways between 14 and 20, now it's finally back at 40. In hindsight, it's easy to say that JMIA was a blue chip potential stock. If not for this week JMIA is still a lackluster stock. Also let's be honest, it doesn't take any skill to put money in stocks like TSLA, AMZN, APPL, MSFT, ect. it's a no brainer those stocks are going to appreciate. But besides TSLA (which was helped greatly by the pandemic) you wouldn't eat off of those stocks for 20 years. Most people aren't trying to wait that long.

:mjlol: Now if we end up eating off of stocks like BRZU, GUSH, and the like, then THOSE require skill and foresight.
 
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mannyrs13

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Good thing the stock market closes at 5, cuz if not people would've been selling to buy turkeys like they doing in crypto. :francis:

Definitely agree with the long game being the best. I've made some decent gains on pennies like gnus and opti but even those I was patient and held, although some I'm still holding but they did you only lose if you sell at a loss so no need to rush and sell if not necessary. Takes patience to win in this game.
 

Serious

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:mjlol: I respect your point of view but someone could argue JMIA was a bad stock. Opened at 40, dropped to 4, then went sideways for a while, then jumped to 20, then back down to 9, then went sideways between 14 and 20, now it's finally back at 40. In hindsight, it's easy to say that JMIA was a blue chip potential stock. If not for this week JMIA is still a lackluster stock. Also let's be honest, it doesn't take any skill to put money in stocks like TSLA, AMZN, APPL, MSFT, ect. it's a no brainer those stocks are going to appreciate. But besides TSLA (which was helped greatly by the pandemic) you wouldn't eat off of those stocks for 20 years. Most people aren't trying to wait that long.

:mjlol: Now if we end up eating off of stocks like BRZU, GUSH, and the like, then THOSE require skill and foresight.
JMIA ain’t my only call, its just the one that rose due to the pandemic. I definitely think it’s overvalued as fukk. But I think it has the potential to be great some day.


with that said I don’t focus on mega cap companies like Amazon, Tesla, i just bought some of their stock early into my trading days and see no reason to sell it any time soon. TBF those mega caps only make up like 10% of my portfolio.


Most of my money comes from beaten down mid-caps like NET, SDC, LMND, IPOC then watching them rise. The skill was being able to identify these companies when they traded in red for the longest. Honestly I could quit my job Tomorrow and casually swing trade.



Like my next project is ROOT. I’d be right now but I have no real idea of their balance sheet. But If it hits under 16, for their December 1st conference call I’m throwing a g their way as a spec play.
 

Rickdogg44

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if you got in when it dropped alot then you are in good shape. i ain't buying cuz i already got BYND. 1 bil market cap, so it got room to grow, but there will be a growing pain. i mean it's not like this is changing the world or anything. it's just a nice niche brand
You still in $VRYYF ?
 

Doomsday

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Most of my money comes from beaten down mid-caps like NET, SDC, LMND, IPOC then watching them rise. The skill was being able to identify these companies when they traded in red for the longest. Honestly I could quit my job Tomorrow and casually swing trade.



Like my next project is ROOT. I’d be right now but I have no real idea of their balance sheet. But If it hits under 16, for their December 1st conference call I’m throwing a g their way as a spec play.

:mjlol: And that's where we align. I fux with your DD, you one of the few that can see me on picks.

:mjlol: Some of my penny plays seem reckless but I really do put in work and DD. When I'm all in gang and I knock it down to 2-3 stocks, I might throw one on there that I'm trying to gravy train off of premarket gap up, but the other couple are stocks I believe can appreciate not only in the short term but the mid and long term as well.
 
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