Boiler Room: The Official Stock Market Discussion

[KingBeez]

Long on DKNG and sports betting. I said it last week DKNG been shyt these past couple months but I still believe in it.

Same. Have you also checked out DMYD? That's another long gaming stock I'm optimistic on

 

[Saysumthinfunnymike]

Same. Have you also checked out DMYD? That's another long gaming stock I'm optimistic on

I looked into it some but again I don't wanna spread myself too thin. I'm looking to downsize on my # of positions in the next couple months. I trimmed some in December.

 

[Serious]

I process mortgages and I always have the face pulling up a CA property on Zillow. People getting raped no lube for what they paying out there...

Is it a proxy for people with bad credit or just not knowing?

 

[Serious]

They have the best genome mapping technology on the planet, Saphyr. They've spent a fukk ton of money making it, and it finally works. Can help detect signs of _______ disease based on your genes. They have a conference on Jan 11 showing how all their stuff works.

Breh lower your expectations, you really believing and parroting talking points doesn’t mean shyt. I believe they don’t have shyt until proven otherwise they’re just selling the news to me.

 

[Serious]

a selloff in january wont be based on actual policy

anyway, fukk do i know. im just hoping it happens if not im just dumping most of my money in again by february

I was doing some tvix analysis this afternoon and volatility during the actual transition is almost non existent.


There was crazy volatility in 2011 around mid terms

 

[Deafheaven]

Is it a proxy for people with bad credit or just not knowing?

What do you mean? We know how good or bad someone credit is off jump but legally we cant suggest someone to move one way or the other. I can look at the report and know prwtty quickly if they even getting out of initial review

 

[FabTrey]

Apple share price was up 74% last year. That's not a bad return at all. We're talking about a company with almost $100 billion in cash sitting around. Sure the revenue isn't gonna go insane without some new sort of catalyst but that's a stable company that will continue to grow long term. It's one of the safest bets out there to make money. With $100 billion in cash they have the money to play around and find a new catalyst to spark more growth.

can't go wrong with apple. no drama 20% gainer pretty much every year. i would definitely park my money in apple someday.

 

[mson]

Never sell Tesla fool. I’ve held my TSLA from 10K to 60K and will continue to hold to 600K

You still got way more than me

 

[FabTrey]

doesn't matter who is/isn't moving, the fact is the people here/staying here are still buying homes, demand still exceeds supply, and it's better to put less cash in (if you can win a bid doing so)
while i think homes are too expensive in cali, real estate value is based on location. you may not get as much for your money but demand is going to keep prices high. i really hate these ugly cookie cutter mcmancions people build in cheap places like texas, 4000 sq ft of generic builder grade home in some suburb that will end up under water in a housing crash isn't a better purchase than a 1200 sq ft home where the majority of value is in the land. you can look at the 08 crash and see the how much smaller the dip was and how much faster sf/oakland/berkeley recovered vs places further out in the burbs or whole ass urban sprawl areas like vegas and phoenix

these mcmansions are everywhere breh. mostly same builders too. usual suspects - Lennar, D.R horton, pulte, toll brothers, etc. just same shytty materials, but price depends on the location.

i really don't think cali is worth the premium for an average people. unless the job really pays twice more then it's not worth it. hell it better pay 3 times more cuz it really is 3 times more expensive to live in san fran than texas.



right now the worst place to own a house among major cities is prolly chicago. market is shytty, property taxes getting outta hand, and just not an attractive anymore. state jacked up the property taxes so bad

no wonder Jordan can't still sell his house.

 

[Saysumthinfunnymike]

I gotta say Jeremy missed the mark on this video. That whole "bet on yourself" and "I wouldn't trust anyone with my money" shyt was so pretentious coming from him.

For example, I'm not buying up ARKG shares because I can't do DD or I think anyone is smarter than me... The genome sector is something that we are all pretty much 100% confident in progressing huge over the next 5-10 years.. but it is nearly impossible to do quality DD on a lot of these companies and nobody has the time for it. This sector isn't the food sector or e-commerce and shyt that he is invested in heavy.. where financial information and future plans are easy to find.

So of course Cathie's team is going to be better at this than I would be. They are dedicating their time to doing the DD on these companies so I don't have to.

If some day I feel like hey they aren't getting me returns in this sector I can easily take my money out and put it somewhere else. This sector is something everyone should be looking at if they are serious about investing.

 

[Serious]

There’s some shyt I agree and some shyt I don’t, regarding FE’s rant. One thing I will say is the age old advice to investing is.....

If a lot of people are flocking in one direction, the money will almost be in doing the opposite of where the crowd is going.


ARK is cool but I don’t like how a lot of people are blindly following every moves, without ever really looking into the companies. Trying understand the why, is more important than the price going up(in the short term)or blindly investing and parroting some simplistic trope.


People who don’t know how to do their own real DD will be in for some real pain if / when market corrects.

Anyone worried about me doesn’t understand that I study and follow the market around the clock. While most people are sleeping / enjoying life. I’m looking at how companies have competitive edges.

 

[FabTrey]

I gotta say Jeremy missed the mark on this video. That whole "bet on yourself" and "I wouldn't trust anyone with my money" shyt was so pretentious coming from him.

For example, I'm not buying up ARKG shares because I can't do DD or I think anyone is smarter than me... The genome sector is something that we are all pretty much 100% confident in progressing huge over the next 5-10 years.. but it is nearly impossible to do quality DD on a lot of these companies and nobody has the time for it. This sector isn't the food sector or e-commerce and shyt that he is invested in heavy.. where financial information and future plans are easy to find.

So of course Cathie's team is going to be better at this than I would be. They are dedicating their time to doing the DD on these companies so I don't have to.

If some day I feel like hey they aren't getting me returns in this sector I can easily take my money out and put it somewhere else. This sector is something everyone should be looking at if they are serious about investing.

there's some validity to his point. Bogle talked about this in his book too. usually hot funds start off hot then cool off. well hopefully ARK doesn't follow the same path.


but FE is getting way too cocky

 

[Saysumthinfunnymike]

ARK is cool but I don’t like how a lot of people are blindly following every moves, without ever really looking into the companies.

I touched on that earlier. I'm not buying blindly into a penny stock on the sole reason because ARK is interested. I will invest into their ETFs and regardless of what the returns end up being it's better than a savings account. But that's where the business transaction between myself and Ark ends.

 

[Serious]

 

[old pig]

I'm not buying blindly into a penny stock on the sole reason because ARK is interested.

sometimes it’s not about buying into the stock per se but about capitalizing off public sentiment when it comes to pennies...dude from ARK sending out that tweet was literally a gift to early investors...I wish I had seen it earlier when I was trying to figure out what really caused the sudden interest in BNGO...I wouldn’t have held it too long bcuz I wouldn’t be banking on ARK to buy but I’d have been banking on ppl to run up the price off rumors/speculation based off that tweet which was a great signal...at the end of the day it’s about making money and there are a myriad of ways to do so incorporating different strategies for different stocks...I’m here to try and soak them all up