Boiler Room: The Official Stock Market Discussion

[Serious]

interest rate: Robinhood cuts margin interest rate to 2.5% - The Economic Times

FE just did a video on this.

M1 still got them beat at 2%. That's why I'm keeping m1 as a saving account but I'll make the transition to fidelity after Q1 of 2021.




Yep he covered it

More margins = mo problems.
Lower margins on rh = more margin usage +Higher valuations = more brockage companies shifting to lower rates = more fomo buying = more margin calls = more crashes = cheap stocks = stay away from margin and you can eat.

 

[Gilly]

only was able to cop 200 shares of OCGN at .705

 

[shagnificent belafonte]

only was able to cop 200 shares of OCGN at .705

I got 200 at .40 sold then got 200 more at .60

Finna ride this wave...

 

[Notley]

2020 was great for ARK


but then some of the stocks we've discussed here did pretty well too.

NVAX YTD 2706%

NIO YTD 1625%

TSLA YTD 670%

MRNA YTD 526%

ZM YTD 509%

PTON YTD 457%

PACB YTD 414%

DKING 378%

SQ YTD 280%

UPWK YTD 277%

These numbers are crazy. Most of these were discussed at length in here before the big pop.

Looking at this list really puts this year in perspective.

 

[Notley]

I got 200 at .40 sold then got 200 more at .60

Finna ride this wave...

Just reading this article about them:

OCGN Stock: Why Ocugen Shares Are Soaring 130% Today

This might be a helluva spec play. I need to do more DD

 

[Rickdogg44]

SPAC life brehs, what are your thoughts on warrants?

 

[bnew]

kept that single TSLP share and sold a thrid of my ALPP shares at $.20 less than opening. I got five ARKG shares now and i'm already down


now i gotta figure out this capital gains tax shyt

 

[ExodusNirvana]

I missed out on CBAT twice now because I forgot to transfer funds

FML

 

[bnew]

HEXO did a 1 for 4 reverse split and i'm not sure what'll happen with my $1 call option.

yahoo finance shows like $3.99

HEXO Corp Announces Lapse of Base Shelf Prospectus

 

[9piece]

XL fleet doing some crazy numbers today!. For my Real Estate folks, look into Jacksonville, FL. The cash flow in Jacksonville is very rewarding if you know what you are doing. I bought a duplex for 85k and the combined rent is 1500.

 

[Deafheaven]

I know this thread is mostly about eating but if yall can can some chime in with their worst Ls? I just want to be cognizant of what can happen good n bad.

 

[bnew]

I know this thread is mostly about eating but if yall can can some chime in with their worst Ls? I just want to be cognizant of what can happen good n bad.

i was up on $500 worth of WTRH call options 2-3 weeks ago and they all expired worthless.

was up on PIC call option like $495 profit, sold a week later for $190.

I had $52 put option on UBER for $166 and it expired worthless the week uber was just putting out bad news, the following monday they fell below $52 and stayed there til that friday.

only reason i'm still doing options is overall i'm made more money than i've loss.

 

[9piece]

I know this thread is mostly about eating but if yall can can some chime in with their worst Ls? I just want to be cognizant of what can happen good n bad.

My biggest L was ENG, but i kind of deserved it. I was chasing instead of using the blueprint laid out by the good brother @Serious.

 

[dora_da_destroyer]

XL fleet doing some crazy numbers today!. For my Real Estate folks, look into Jacksonville, FL. The cash flow in Jacksonville is very rewarding if you know what you are doing. I bought a duplex for 85k and the combined rent is 1500.

I gotta learn more about the Jacksonville market. There, Cincy, Dallas and Nashville are a few cities I heard are good for real estate investors.

 

[Serious]

I know this thread is mostly about eating but if yall can can some chime in with their worst Ls? I just want to be cognizant of what can happen good n bad.

Penny stocks
Chinese stocks
OTC.....

It's really more so the process of not actually looking into a company.

I lost a lot of money when I was following the herd or looking for stocks to go up due to FOMO.

Once I realized, the best way to approach the stock market is to be calm, cool and collected while not sweating over missing out on every single stock that goes off, I relaxed and started making consistent gains, with no losses.

I try help others not take L's by showing them a better way, but some people gotta take a few L's before they decide to switch up. Some people never will though.

I lost probably about 5g's, but i'll put it like this. While I was making money overall when I lost money, I came to realization, that in the long run losing money doesn't and shouldn't be apart of the game.

The best way to avoid that imo, is by being selective, patient and taking the time to properly vet investments.