Boiler Room: The Official Stock Market Discussion

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
39,578
Reputation
15,701
Daps
87,580
Reppin
Focusville, USA
I got 30 shares of ARKQ. Small amount, nothing major, but decent enough. I have 227 shares of FSPGX, Fidelity Large Cap Growth Index Fund. ARKQ has 12% in Tesla as its highest holding, FSPGX has Tesla in it as well but likely not at as high a percentage. I have ARKF at 100 shares and would like to reach that with ARKQ and hopefully G. 70 more shares of Q around the current price would cost me 5320 give or take. 76 * 30. The current value of my FSPGX shares is 5316 so basically right there in equal value. Of course things can change. That fund has gotten me a 31% return so far in like the six months or so that I have it. Of course that's due a lot to 2020 bump. Its top ten holdings include the FAANGs except for Netflix, but GOOG A and C, Nvidia, Mastercard, Visa, MSFT and of course Tesla, all at 44% of portfolio so who knows what each one individually would be. But all decent blue chip stocks. But with 450 holdings in total, not seeing much risk in the fund. I just gotta contemplate if I should transfer my money over to ARKQ. FSPGX looks like a decent and safe play but ARKQ might have more potential and growth. I'm 75/25 leaning toward making the change. Might have to sleep on it and see what the market looks like in the morning. Feel like I can afford to take the risk right now since I got 20+ years hopefully to cash out. Might have to make that move tomorrow. :jbhmm:

Just gotta see when I make a move on G. Wish it would dip down to ARKF levels for a bit. :francis:
 

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
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.
I have about 100 shares that have all doubled up. I'm good.

However, researching the stock is interesting. In both account's I have it in, it's less than 10% of my portfolio.
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,926
Reputation
14,208
Daps
190,262
Reppin
1st Round Playoff Exits
How high do you think it can run?
Can’t say. But I would take profit before their conference. My rule of thumb with pennies is right before a major date or conference, sell out. I say to be super safe sell out by Wednesday.

But if you’re really bullish or greedy sell out by Friday.
 

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
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. :manny:



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 :hhh:

no wonder Jordan can't still sell his house. :mjlol:
Illinois is the WORST place to own a house. 3000 Sq Ft, an acre can go for less than $400k, with 20k in property taxes.

Utah/Nevada are the new place that people go to get cheap housing/great views, now that Colorado is a $500k entry point.............edit: weed still less than $150 an ounce here tho
 
Last edited:

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,316
Reputation
3,820
Daps
52,059
Reppin
Chi
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
It's all about finding what works for you and coming out with a profit. If you do your DD you know the downside of a stock more than anything.

Some people look at charts for days before they make their move. Some people can get that same ticker as a tip, and get in before the person who did their DD and make more money :yeshrug: All in the game though.

Minimize your risk, look at the financials, potential catalysts, brief review on what the company does, should be standard for anyone in this thread IMO.
 
Top