Boiler Room: The Official Stock Market Discussion

Majestic

Believe in myself and the Coles and Kendricks
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in retrospect, the thing i've learned the most this year to is to know what's an investment and what's a swing/trade. too many times, i've sold early out of a great/growing company for small/decent profit for what should've been a long term investment (2-5+ years). JMIA is a prime example. I sold a lot of my position when it hit $15 (buy in average was about $5.50) for an almost x 3 gain over span of a couple months. Only to watch it now be flirting w/ $40 and God knows where it'll jump to in the next 5 years. It's probably still a good buy at $40, but I should've loaded the boat at ~ $5 and just been adding/investing for long term gains. not to mention that I only put a couple grand into it instead of strengthening my position to 5 figures over time. on the flip side, i've had times where I've put too much (high 4 figures and even touching 5 figures) into pennies that I held onto much longer than I should've and ended up selling for loss or only getting little profits. ABIO and ADMA prime examples currently. starting to learn to treat these pennies like trades/sluts (get in and get out) and not even indulging them much anymore (and only w/ much lower/less risky sums) while treating good/growth companies like investments/wives and spending alot more time putting good money and research into these. any profits from pennies or swings and money I add from paychecks are primarily getting added to longs w/ a consolidated portfolio (word to chicken genius). can't wait to see what 2021 looks like.
with pennies a profit is a profit, even if you made $20 from it, it's still better than losing $200. you can redeem yourself by copping tesla after the s&p 500 inclusion, cop some DKNG, some SQ, some PACB and the roblox IPO next year. keep ya head up breh.
 

mr. smoke weed

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Parked $200 in each BLNK and PLAY in my M1 so I won't look at them.

See you at 3x in March
 

mr. smoke weed

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dora_da_destroyer

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I had to Google this shyt off the strength. What made you invest in this?
100% YOLO play back in april/may when someone here mentioned it, i aint know shyt about it but went in. then it got delisted and went under $1, so i bought more :pachaha: figured it's still an actual business with real stores, customers and revenue - i was willing to wait it out for years. the SEC fine was less than expected and looks like it breathed some new life into the stock.

in summary, this was me being my best wallstreetbets bro
 

FabTrey

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They made this stang look too much like a Tesla. Mustang been one of my favorite cares my whole life, think there has only been one body style I didn’t really love back in the early 00’s

i can't even call that a mustang. that shyt aint no mustang :mjlol:






did the man say 'no 100% gain this year = donkey' :heh:


that's exactly what i said while back :pachaha:
 

the cac mamba

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some of the hubris in this thread off a 6 month, propped up by the fed recovery :laff:

if this was how the market always works, it wouldnt be a thing that most fund managers cant beat the S&P. this isnt just gonna continue year over year :dead:

but heres to hoping it does. no one in here will be working past 40 :salute:myself included
 
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