Boiler Room: The Official Stock Market Discussion

[ill]

@ill we’re due for a major correction right

nah breh were printing money and inflating equities in 2020.

Tesla. Btc. None of these prices make sense to me so I just stay away. Logically to me they should both drop 80% but it’s bizarro works and I’m constantly wrong on these two so I’ll just shut up and wish the longs all the profits

 

[Serious]

It's one thing to say that but it's an entirely other thing to live through a severe correction and watch your portfolio drastically shrink or to face a long term of stagnation of the stock price because the company was overvalued so greatly that it caught up to it and the thing trades sideways for an extended time. When the flash crash happened last year many investors were losing their shyt.

Those people you cited are millionaires. When you're a common retail investor your experience investing is different than those millionaires. I'm not saying don't buy Tesla. I'm saying if you do buy it at these prices be willing to ride it to zero. If you're in this thing because you think you're gonna make money and it's a safe bet and you aren't willing to ride it to zero you're probably gonna bail if shyt gets really rough for a prolong period of time.

Tesla went through some volatility really bad. There's new investors around that weren't even paying attention to the stock at that point. It might look like smooth sailing from here on out but this is a stock that a lot of people buy into and they don't have conviction they just wanna ride the money train. It could get bad.

That’s why in general, I think it’s important to focus on stocks that have you’ve researched well and could possibly see holding for the next 5 years. Just following what’s hot is how gains turn into losses.

Thats why I’m hesitant on a lot of stocks. Just look outside everything isn’t fine. The world is ducked up.

 

[old pig]

I just saw someone refer to RH traders as “Robinhood scum”...is the hate that serious?

 

[winb83]

That’s why in general, I think it’s important to focus on stocks that have you’ve researched well and could possibly see holding for the next 5 years. Just following what’s hot is how gains turn into losses.

Thats why I’m hesitant on a lot of stocks. Just look outside everything isn’t fine. The world is ducked up.

Thing is if a person did research why would they choose to jump in now of all times? Tesla stock and BTC have been all over the news and social media for a while. Unless they literally just started investing why would they sit on the sidelines for this long then go "ok time to get in" when Tesla is close to $4300 pre-split in price? It's almost impossible to say they haven't heard of Tesla until now.

If they're buying Tesla today and don't already have a medium to large position in it then it's highly likely there's some level of FOMO driving that purchase. I want to buy more BTC but I'm just not doing it because I know deep down FOMO is driving that as it continues to rise. When it was a good time to buy BTC I pretty much ignored it. Put in $30 and never touched it again and now that $30 is worth $276. I could have 10x my money had I put more in back then but I didn't FOMO isn't gonna drive me to do it now. If I miss this train I'll simply catch another.

 

[bnew]

$PTE if up like 50%, yolo'd fifty bucks on JAN15 $2.5 call

 

[Doomsday]

Guess IPOE said yall ate too much yesterday

Told yaw. IPOE will dip when them warrants kick in.

 

[old pig]

If I miss this train I'll simply catch another.

it takes a while for ppl to learn or experience this for themselves

personally I had to lose a lot of money to develop this mentality

 

[Deafheaven]

Told yaw. IPOE will dip when them warrants kick in.

I aint worried

Once the merger finanlized a profit will be immediate most likely.

Im in for a 100 shares

Also NIO ath?

 

[Doomsday]

Made thousands off of OEG so far.

 

[Spree At Last]

I've been keeping 2% of my portfolio in SPY and IWM put hedges that are 3+ months out to have a little protection in case of a big correction. But mostly because it helps my peace of mind lol

 

[Doomsday]

If you go back the months in the past I mentioned ENG (2.50), FTEK (2.50), and OEG (1.00). You'd be seeing major gains.

No idea how people take L's with pennies. My belly stay full.

 

[Rekkapryde]

If you go back the months in the past I mentioned ENG (2.50), FTEK (2.50), and OEG (1.00). You'd be seeing major gains.

No idea how people take L's with pennies. My belly stay full.

got new work?

 

[pete clemenza]

Round 2

 

[Deafheaven]

If you go back the months in the past I mentioned ENG (2.50), FTEK (2.50), and OEG (1.00). You'd be seeing major gains.

No idea how people take L's with pennies. My belly stay full.

I need to bookmark ur posts. Im down to throw a hundred on ur suggestions

After some DD

 

[Doomsday]

SNDL: +40.8%

OEG: +51.49%

ZOM: +11.5%