Boiler Room: The Official Stock Market Discussion

[Saysumthinfunnymike]

Bears want your shares

 

[winb83]

Listen, it's been mentioned in here a few times in the past but a lot of these corporations, their founders, etc.. likely have some type of blood on their hands in some way and I'm not here for that..

I don't feel any type of obligation. I can say fukk Cathie Wood and still invest in ARK funds because they are still doing their job well and making me money. I am fine with that outcome. Some folks might not be but as long as they make me money I'm not going anywhere.

I'm just trying to make money. I disagree with Facebook policies but if it makes money it won't stop me from investing. If it's gonna make money for people anyway why not?

 

[Serious]

 

[winb83]

I'm just sitting on the sidelines. I hope you boys have a come up on it. If its actually true.

These electric vehicle stocks are bubbles. There's money to be made but we're almost a decade away from EVs representing an even noticeable part of the amount of cars sold.
The future of cars is electric – but how soon is this future?

In the report, BNEF outlines that electric vehicles (EVs) will hit 10% of global passenger vehicle sales in 2025, with that number rising to 28% in 2030 and 58% in 2040. According to the study, EVs currently make up 3% of global car sales.

None of these electric car makers are profitable from selling cars. The only one that's posted a profit, Tesla, gets to profitability from selling credits to other auto makers who don't produce enough government mandated electric cars themselves.

We're 14-15 years away from electric vehicles being maybe half of all cars sold. People are still pushing these valuations up to insane levels. Eventually people will move onto the next craze. We all saw how Nikola collapsed.

 

[Saysumthinfunnymike]

I'll save y'all the time. It's MSTR Microstrategy. I've discussed this already... I've mentioned the amount of Bitcoin on their balance sheet several times.

I don't necessarily agree with it being the #1 bitcoin stock. RIOT/MARA are cheaper to accumulate more shares.. there's more volatility but if you are into crypto then you are going to have to deal with volatility regardless.

 

[winb83]

I'll save y'all the time. It's MSTR Microstrategy. I've discussed this already... I've mentioned the amount of Bitcoin on their balance sheet several times.

I don't necessarily agree with it being the #1 bitcoin stock. RIOT/MARA are cheaper to accumulate more shares.. there's more volatility but if you are into crypto then you are going to have to deal with volatility regardless.

Why not just buy Bitcoin itself?

 

[Saysumthinfunnymike]

Why not just buy Bitcoin itself?

In short, I don't trust the bitcoin trading spaces like coinbase.. I've chatted with several people who have issues getting their money out whenever they want. I'd personally rather trade stocks that are tied to the price of bitcoin than bitcoin itself but that's me.

 

[Idaeo]

 

[Serious]

@VFib JMIA to 100.

 

[Serious]

Trying JMIA and ATIF tonight

you just shorting jumia or in it for the long haul. Because I’m stocking up in the off chance that it takes off 5 years from now it’s worth 200-300 a share

was that short play worth it?
Still time to get back in, if it's heading to 200+

 

[Chrishaune]

was that short play worth it?

Everybody has different strategies. I'm more of a penny stock guy now. What Jumia did in 4 months, I can do in a day.

 

[dora_da_destroyer]

Should I go buy hella TLRY

 

[Rickdogg44]

Everybody has different strategies. I'm more of a penny stock guy now. What Jumia did in 4 months, I can do in a day.

 

[Doomsday]

Adding more shares soon. Going get it to at least 100.

SPCE or NGA?

 

[choc_cardigan]