Boiler Room: The Official Stock Market Discussion

[mannyrs13]

Doesn't matter what anyone thinks. We are clowns on the internet . Only thing that matters is what you think

You can't drop 73k because of us and our predications.

Do you believe in the Tesla story? Is it possible ? High likelihood? How long are you willing to hold?
If you have positive answers to those questions buy the shares

Speak for yourself.


But yeah I agree with your advice. At the end of the day, everyone gotta live with their decisions.

Of course Tesla carrying my IRA accounts today. I don't know what other stocks would do if it didn't exist. ZOM been helping me on some small accounts but everything else red or flat. Still up for the day tho.

All this Tesla stock got me thinking of selling my funds and buying 30 more. But these index funds been good to me since they mostly tech heavy so I'm hesitant. Plus they treat me good with capital gains and not like I'm in a rush to cash out that ira. I would need them to make me 7500 to cover a tesla rise from 750 to 1000 for 30 shares but that's ballpark figures and not what I would buy at.

 

[winb83]

the hesitancy with TSLA is warranted to an extent, sure "it keeps going up" but when a stock costs that much, has already run that much, and you don't have 6 figures in your investment account, of course people gonna hesitate both wondering if it will pull back and about spending that much/share. people in here with 2500 to invest aint gonna just be like - "hell yea, gimme 4 shares of TSLA and that's my entire portfolio "

People can dollar cost average if they can’t afford a full share. The argument that it’s gone up so how much more can it run didn’t apply to say Amazon.

 

[Saysumthinfunnymike]

I would say BNGO is one.

If anyone can write up a paragraph on what they do, their competitive advantage, finance overview, and growth story I’ll rep you.

The story... is basically that they do gene sequencing in a cheaper and more efficient way than PACB but do I believe that? I mean just because they say it doesn't make it true.. lol

And I have no idea what their finances look like. So you are really just buying into the fomo which so far has been a good trade. It can also drop 50% overnight so I stay away

 

[Serious]

The story... is basically that they do gene sequencing in a cheaper and more efficient way than PACB but do I believe that? I mean just because they say it doesn't make it true.. lol

And I have no idea what their finances look like. So you are really just buying into the fomo which so far has been a good trade. It can also drop 50% overnight so I stay away

I would sell out by Wednesday to be super safe.

They have a conference coming up, on the 11th. But the timing of the news seems suspicious, right before they may have been delisted.

 

[NatiboyB]

My 600 Shares of PTN are finally moving up...I wish I would of had 600 shares of BGNO almost at .70

 

[Scholar]

Stop hating.

TSLA is a long play, it's a blue chip. It's not for flippers anymore. You won't 10x TSLA like you did last year, that shyts over. So if a brotha want to sell and get a penny for an actual 10x, let him do it.

All the DD in the world won't change the fact that it's too late to make a big time come up on TSLA unless you rocking with options.

Not even hating. Different strategies for everyone but I do think more mature investors with consistent longterm returns that beat the market do not mess with Pennys. Stockwitz brehs would be rich if that were the case. But again that is just my opinion . However, I do think history/the odds are on my side with that take.

The idea it Is too late to make big returns with Tesla is wrong. If you apply their run rate for deliveries that they just did in Q4 and keep that constant for next year they will have 722K cars delivered. That would represent a 44% increase year over year for deliveries. However, Tesla will increase cars delivered beyond 44% in '21 thanks to new shifts/lines in Shanghai and Berlin coming online. Blue chips don't experience that yearly growth. When you look at the numbers and do your dd instead of trading numbers on a screen you can see we are still early in the Tesla game



entertainment purposes

 

[Saysumthinfunnymike]

I wouldn't tell anyone else where to put their money but I agree that Tesla 'could' slow down some in the near future. I'm not making that prediction I'm just saying that even as their revenue growth continues and they continue to change the world... there comes a point when the actual stock price begins to slow down. If they 2x from here that makes them a trillion dollar company.

I don't think that's ridiculous. I'm not sure them being a 2 trillion dollar company is ridiculous. All I'm saying is that they could begin to trade sideways because eventually that's what happens to all stocks for a minute.. they cool off a bit before taking the next leg up and it can be 3-6 months or even a year.

This is the sole reason why I am not "all in" on Tesla.. not because I don't believe their story. I fukking love Tesla, I love everything about it. But @Doomsday made a good point here that I agree with..

there are other companies that will grow at a faster rate now just because it's difficult to keep up what Tesla is doing. That's why I'm out here trying to find the next 5x company whether that will be TTCF or something else.. I want to continue my rate of growth for my own accounts.

 

[dora_da_destroyer]

People can dollar cost average if they can’t afford a full share. The argument that it’s gone up so how much more can it run didn’t apply to say Amazon.

It did apply to AMZN - people had that question at multiple points during its tenure in the market.

In the end, stocks go up over time, but if someone is looking to 2x their money in a year and presented with a stock that just 6x'd a year before, they'd be quite smart to question/research whether or not that's the stock they want to bet on.

And DCA when not owning a share? Are you talking fractional investing? If so, then I agree, if you don't have much capital fractions/slices are a better way to start investing allowing you to get into any stock regardless of price

 

[Saysumthinfunnymike]

In the end, stocks go up over time, but if someone is looking to 2x their money in a year and presented with a stock that just 6x'd a year before, they'd be quite smart to question/research whether or not that's the stock they want to bet on.

And that's all I'm saying. I'm saying I want to hold my Telsa shares but I don't have the appetite to buy more right now when it's already back up over $700/share.

I feel there are other opportunities that will allow me to keep growing while Tesla maybe takes a breather..

 

[Doomsday]

Not even hating. Different strategies for everyone but I do think more mature investors with consistent longterm returns that beat the market do not mess with Pennys. Stockwitz brehs would be rich if that were the case. But again that is just my opinion . However, I do think history/the odds are on my side with that take.

Stockwitz is inconsistent, damn near purposelly contrarian. They are a bad example.

This is a new era. If you put 10k each in GNUS, BNGO, JMIA, and NIO (Nio and Jmia were both pennies at first). You made more money than anyone else messing with anything else since March. It's not even close. Only TSLA can compete with those type of gains, and that's only one against 4. Penny gang for the win.

 

[Deafheaven]

Stockwitz is inconsistent, damn near purposelly contrarian. They are a bad example.

This is a new era. If you put 10k each in GNUS, BNGO, JMIA, and NIO (Nio and Jmia were both pennies at first). You made more money than anyone else messing with anything else since March. It's not even close. Only TSLA can compete with those type of gains, and that's only one against 4. Penny gang for the win.

So many differing philosophies in here

 

[mson]

why did you sell your Tesla?

GET THE fukk OUT THIS THREAD!!!

Why sell Tesla. Do you think that in 5-10 years it won't be a much more valuable company than it is today? Tesla is one of those companies you buy and ignore the stock price for at least half a decade. If you follow the stock price too closely you'll probably convince yourself to sell at some point either to take profits or avoid more losses depending.

why did you sell your Tesla?

I only had two shares at a cost of $500. It's not that serious. Even it reaches 1k a share I'm not making a huge profit like that. Do I regret it now? Yes, because I could've made more profit. But what's done is done.

 

[Kal El]

Stockwitz is inconsistent, damn near purposelly contrarian. They are a bad example.

This is a new era. If you put 10k each in GNUS, BNGO, JMIA, and NIO (Nio and Jmia were both pennies at first). You made more money than anyone else messing with anything else since March. It's not even close. Only TSLA can compete with those type of gains, and that's only one against 4. Penny gang for the win.

For every BNGO/NIO there are a 100 shytty pump and dump penny stocks.

if y’all wanna treat this like a casino be my guest. But it’s irresponsible to give that advice to others

 

[K-Deini]

Yall can look down on pennygang from your high horses all yall like. We doing our thing over here

 

[Kokoro]

I like how on a red day, AZN, which has been disappointing so far, is up