Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

I see this shyt about the Greeks and just roll my eyes. I just wanna buy/sell calls and puts without regard to any of that other shyt

Selling options = easiest money in the world, smaller gains. You can sell high iv (more risk) and make 5%+ weekly. Look at premium on RIOT for next week expiration

Buying options = gambling, high reward though

 

[winb83]

If in 1997 if you bought Amazon you would have rode it up to from what amounts to a $4-$5 penny stock up to to the $110 range in 1999. At that point you 28x your money. From then then you would have had to ride it all the way back down to effectively being a penny stock again and you wouldn't get back to those 1999 levels until almost 2009. A lot of people wouldn't take that trip without bailing. It's easy to talk about believing in a company and them being the future. It's hard to ride with a stock a decade after being on 28x highs. You know what? If you did and still have them you 800x your money.

Microsoft was a $60 in 1999. It corrected and took till almost 2016 to get back.

This stuff doesn't always play our so sweet. It can get really ugly.

 

[dora_da_destroyer]

Selling options = easiest money in the world, smaller gains. You can sell high iv (more risk) and make 5%+ weekly. Look at premium on RIOT for next week expiration

Buying options = gambling, high reward though

I need to know the real, do I need to understand that Greek shyt to eat? I’m done learning shyt in life

 

[dora_da_destroyer]

If in 1997 if you bought Amazon you would have rode it up to from what amounts to a $4-$5 penny stock up to to the $110 range in 1999. At that point you 28x your money. From then then you would have had to ride it all the way back down to effectively being a penny stock again and you wouldn't get back to those 1999 levels until almost 2009. A lot of people wouldn't take that trip without bailing. It's easy to talk about believing in a company and them being the future. It's hard to ride with a stock a decade after being on 28x highs. You know what? If you did and still have them you 800x your money.

Microsoft was a $60 in 1999. It corrected and took till almost 2016 to get back.

This stuff doesn't always play our so sweet. It can get really ugly.

That was two huge multiyear downturns tho, not just some bottom falling out of their stocks, the whole market was on that ride. If TSLA pops, bail and move on, if the whole market bottoms out, well stick with your winners and ride it out.

 

[Serious]

@Doomsday joining buy & hold gang in February

Roblox expects direct listing on NYSE in February

 

[Hiphoplives4eva]

FOMO is never a good reason to invest in anything.

Tesla has been the future for years now. What's different about it now than it was say a year ago or even at the stock split? It's still the same company.

Any way you slice it a lot of people looked at Tesla and saw how volatile it was. They deemed it an unsafe investment and backed away. Now that all this momentum has gotten into it people are trying to hop on a moving train because they think it's safe now. I beg to differ, the risk is different now and less obvious but it's still not a sure thing like people want to pretend.

It's the same as with BTC on it's last run where people were getting cash off credit cards to try and buy BTC cause it was in the $20K range and they didn't wanna miss out. You get all these people piling into something they don't actually believe in because they see it as some sort of no brainer lotto ticket and think it's a safe bet once things don't go that way you could get trampled by people running for the exits.

It isn't even Tesla that concerns me it's the people we got piling into this thing now that do. Nobody is acknowledging any of the risk anymore because they see this propped up on itself.

He owns a Tesla and even he's admitted that with a few changes he'd jump ship. It's mainly the range and the charging network. Tesla is ahead but it's not insurmountably ahead.

Porsche is Uber luxury car and our if reach for most. Copping a Model Y myself and ultimately a Taycan

 

[Hiphoplives4eva]

@Doomsday joining buy & hold gang in February

Roblox expects direct listing on NYSE in February

Putting 5 rack into this

 

[winb83]

That was two huge multiyear downturns tho, not just some bottom falling out of their stocks, the whole market was on that ride. If TSLA pops, bail and move on, if the whole market bottoms out, well stick with your winners and ride it out.

The markets weren't depressed for a decade to 16 years.

 

[who_better_than_me]

I need to know the real, do I need to understand that Greek shyt to eat? I’m done learning shyt in life

didn’t know you dabbled in options. Jsut YouTube covered calls. Not my cup of tea since I value the stocks I actually own. Most my shyt is up at least 100 % and long term holds. I was selling options with wkhs but that didn’t last long before it went in the money and it got executed. That was when wkhs was like 15$ and you see where it’s at now so I made profit but it was minimum. I would’ve made more if I jsut held wkhs

 

[K-Deini]

I feel like we were having this exact tesla convo in june. Barring musk dying, I just dont see this apocalyptic drop of never recovering coming.

 

[who_better_than_me]

They’re using TSLA to push the s&p500 to 4000

 

[Doomsday]

@Doomsday joining buy & hold gang in February

Roblox expects direct listing on NYSE in February

Holy shyt! This is going to be a goldmine! RBLX has opted to direct sell to retails without an offering to insiders. This stock is going to MOON!

You damn right I'm joining buy and hold gang finally! OGIG and RBLX will be my only longs with leap options from ARKK.

 

[Deafheaven]

@Doomsday joining buy & hold gang in February

Roblox expects direct listing on NYSE in February

This gonna be a penny?

either way, fukk them kids.


but I'm in for this bag

 

[dora_da_destroyer]

The markets weren't depressed for a decade to 16 years.

If you look at the indexes, it took until 2012 for them to reach 2000 levels and surpass them. That’s two crashes that made it hard for stocks to recover

 

[PYRRHUS 88]

If in 1997 if you bought Amazon you would have rode it up to from what amounts to a $4-$5 penny stock up to to the $110 range in 1999. At that point you 28x your money. From then then you would have had to ride it all the way back down to effectively being a penny stock again and you wouldn't get back to those 1999 levels until almost 2009. A lot of people wouldn't take that trip without bailing. It's easy to talk about believing in a company and them being the future. It's hard to ride with a stock a decade after being on 28x highs. You know what? If you did and still have them you 800x your money.

Microsoft was a $60 in 1999. It corrected and took till almost 2016 to get back.

This stuff doesn't always play our so sweet. It can get really ugly.

Amazon in 99 was still years away from being able to make a profit. Wall Street took a long time to be convinced they could make money. Tesla is making money already while growing at a record clip.

I think investors in Tesla are happy to bet on Elon not to fukk up the way Microsoft did in the Ballmer era.

Obviously there's risk involved. You don't get high returns without taking on some kind of risk.