Boiler Room: The Official Stock Market Discussion

Reign X

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man can only dream. :russ:
if you invested $1000 when Buffet took over in 1964 you would be sitting on almost 30 mil by now. 20% annual return for 55+ years is insane :mindblown:



buffett really is the GOAT. :salute:

think he said before his returns would be way higher if he didn’t need to be safe with managing such large amounts of money.
 

Serious

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Lmnd rising quick from yesterday. I grabbed some at 101, not enough though
I'm saying that shyt will break something nasty going into 2021.....

I told my breh last night, showed him a few vids and he's in.....

I told him don't wait and don't be cheap.

This mofo will explode.

i lowkey hope a short seller comes out from some bad new or fraud about this company so that I load up.
 

Serious

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So, it isn’t a coincidence that Cathie Wood has been throwing out that 20% figure.
The real money and wealth accumulation has always been in the long game.

It's compound interest and exponential growth, not swing trading.

Chicken Genius says this every week.

I've read numerous financial books that mention this as the best and safest way to accumulate wealth as well( buy & hold for years).

It takes more self discipline to buy and hold for years than it does to sell.
200.gif
 

Serious

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So I'm thinking about switching my sq profits into my LMND, so I can buy more.

I need to catch LMND while its still affordable to hoard.

i'll still have exposure to square through ARKF.

Also theres word that Stripe will go public in 2021, thats a better ran company in the fintech space to fomo and pay at a premium...

Going take a few days of thinking before I fully consider executing this concept.
 

Rickdogg44

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Experienced brehs, it is trading premarket at 17.30ish, free money to $18?

Sportsman's Warehouse shares screamed higher Tuesday after the outdoor sporting goods retailer agreed to be bought by Great American Outdoors, parent of Bass Pro Shops, for $785 million in cash. Great American will pay $18 a share for Sportsman's Warehouse, a 42% premium from Monday's close, and will remain private.

Sportsman's Warehouse Soars on Acquisition by Great American
 

manyfaces

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Lmnd rising quick from yesterday. I grabbed some at 101, not enough though
This shyt is flying. I'm still getting more on Thursday when I get payed. Maybe wait till Friday to see if there's a dip with the typical Friday selloff. But it's a long-term hold for me so I'm not sweating the price too much. Just wish I was holding more money to buy more when I got it at $47. The way they're handling insurance just makes a lot more sense with the technology available these days.
 
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Serious

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what’s your long-term PT for LMND?
Cant say yet


It'll at least reach 200 by the end of 2021.

Plus when they announce car insurance :wow:

That'll also be a sympathy play for ROOT.

ROOT has been trending up smh. I need that to drop too..So I can build a short term position to sell the pop into LMND.
 

old pig

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it’s funny how the mind works...or maybe just mine :francis:

y’all have been clear on LMND and it’s potential since it dropped to the high 40s/low 50s and I ignored it as I felt it was too high...now after doubling it finally has my attention smh

Cant say yet


It'll at least reach 200 by the end of 2021.

Plus when they announce car insurance :wow:

That'll also be a sympathy play for ROOT.

ROOT has been trending up smh. I need that to drop too..So I can build a short term position to sell the pop into LMND.
 

dora_da_destroyer

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It takes more self discipline to buy and hold for years than it does to sell.
this has been my philosophy prior to this year, this year i've flipped stuff a lot more than i usually would. like MSFT i had and feel bad about selling out of it, but it's only in this market where you dump a stock that's up 40% because you can roll it into something else up 80% (ARKG)

but one of my big payoffs was knowing the 5G bet i was making on qcom, bought it two years ago in the 50's and shyt was just slow as hell, now we $145+ and growing rapidly - research, buy stocks for the future, and hold.

i'm telling people, IOT is being overlooked - everyone is on 5G, Green/Clean energy, EV's and Autonomous - IOT will be in that mix.
 
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