Boiler Room: The Official Stock Market Discussion

[winb83]

Proud to see that with experience, yaw have grown to understand this concept.

I'm still pro-dividend investing I can just do math. Unless I'm wealthy and trying to save money at higher than bank interest rates it doesn't make too much sense to be yielding 7% on T dividend payments with negative capital appreciation when UBER in less than 9 months with the same share count grew more than a decade of T dividend payments.

UBER wasn't even a genius stock pick. It didn't take any level of savvy to pick. If you can just wait till after IPO lock up expires and hop in on a big name IPO burning cash but with a decent amount of cash on hand and ride that wave why not? ABNB and DASH could be next.

 

[K-Deini]

I think I wanna do an annuity for my mom. These savings accounts are ass right now, even with online banks. She has a decent amount sitting in savings account I setup for her after my father passed, but I don't need her running through it after she stops working later this year.

It worked for me because I didn't have to pay any taxes on my gains because it was an injury. Also, I was fukked out of about an extra 50k because the fed lowered the rates like 2 weeks before I signed. Still made a nice come up. Make sure to check the rates and also if your mom is fine without touching the money, don't want to pay penalties for pulling it out before end of the term.

 

[Doomsday]

I'm still pro-dividend investing I can just do math. Unless I'm wealthy and trying to save money at higher than bank interest rates it doesn't make too much sense to be yielding 7% on T dividend payments with negative capital appreciation when UBER in less than 9 months with the same share count grew more than a decade of T dividend payments.

UBER wasn't even a genius stock pick. It didn't take any level of savvy to pick. If you can just wait till after IPO lock up expires and hop in on a big name IPO burning cash but with a decent amount of cash on hand and ride that wave why not? ABNB and DASH could be next.

I'm simply speaking on the "All In Gang" strat. Everyone was against it at first, but now everyone is coming around to it. Great to see.

Also, are you going to be in on RBLX when it IPO's?

 

[K-Deini]

I'm simply speaking on the "All In Gang" strat. Everyone was against it at first, but now everyone is coming around to it. Great to see.

Also, are you going to be in on RBLX when it IPO's?

So is zom the next wave breh? Seems to be settling in the .45 area

 

[Kyle C. Barker]

I think I wanna do an annuity for my mom. These savings accounts are ass right now, even with online banks. She has a decent amount sitting in savings account I setup for her after my father passed, but I don't need her running through it after she stops working later this year.

Straight up, I took part of my mom's 401K distribution ($40k) and dumped it into Tesla for her.

I bought at $400 but best believe a brother was scared a couple times when it was flirting with $350

But she's obviously good now and pretty excited to see it grow because in her 60+ years she's never invested in the market outside of her 401k

 

[Doomsday]

So is zom the next wave breh? Seems to be settling in the .45 area

Honestly, if you not the patient type, you should just sell. I don't expect ZOM to really take off until it gets closer to it's tech presentation in March. Anything else is just a bonus. This is a time for setting up.

If you want to 2x quick than re-buy BNGO at it's low point pending great news in a couple of weeks or rock with JAGX or sum.

 

[10bandz]

Lol and I told ppl months ago not to get behind Tilman Fertita business ventures. New York Post wrote a good article about dude that confirmed what I thought. Now maybe he just has bad timing but dude is losing out here

Ya I sold out of gnog already was up 70% on it. Tilman a fraud low key

 

[old pig]

NCTY smh

I almost bought in bcuz there were rumors weeks ago that they’d be delving into mining cryptocurrencies...so I figured that’d be enough to fuel public sentiment with everyone going crazy over BTC...I couldn’t find anything to substantiate the rumors tho...they just linked up with some company a couple days ago and are almost up to $10 lol

*edit*

12/18 is when I had my eye on it...it was at $3.xx then...penny stocks remind me of crypto...the silliest rumor(s) substantiated or not can spur runs smh

 

[chineebai]

OZON - risky but it broke out a wedge today

 

[Doomsday]

Penny stocks with long potential for '21:

SMTS
GEVO
BNGO
ZOM
SNDL

Just to keep everyone updated.

 

[K-Deini]

Honestly, if you not the patient type, you should just sell. I don't expect ZOM to really take off until it gets closer to it's tech presentation in March. Anything else is just a bonus. This is a time for setting up.

If you want to 2x quick than re-buy BNGO at it's low point pending great news in a couple of weeks or rock with JAGX or sum.

I'm fine with waiting. Just seeing if this was a decent entry

 

[chineebai]

if you guys like penny stocks just follow Ultra Calls on stocktwits and join BuyShortSell discord, best penny picking people I know

 

[Saysumthinfunnymike]

I took the 50% profits on IPOC. I'm rolling it into TTCF. Continuing to trim down my stocks.

 

[winb83]

These penny stocks are a bridge too far for me.

 

[Saysumthinfunnymike]

Lol and I told ppl months ago not to get behind Tilman Fertita business ventures. New York Post wrote a good article about dude that confirmed what I thought. Now maybe he just has bad timing but dude is losing out here

I made over 100% gain. He did well for me.