Boiler Room: The Official Stock Market Discussion

phcitywarrior

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Naija / DMV
Sums up the current market perfectly

06.17.2020_new_normal_cartoon__2_.png
 

Serious

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1st Round Playoff Exits
I thought you didn't mess with pennies?
I don’t but I’m curious how much dd goes into putting money into these pennies.


Like is there a clear link or is it just speculation / gambling.


If there’s a clear methodology then I’m interested in learning more but if it’s just following the crowd, I’m out :hubie:
 

dora_da_destroyer

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I don’t but I’m curious how much dd goes into putting money into these pennies.


Like is there a clear link or is it just speculation / gambling.


If there’s a clear methodology then I’m interested in learning more but if it’s just following the crowd, I’m out :hubie:
Volume & news and historical performance of similar stocks seem to be the ones my manager leans on

edit: he also looks at the number of watchers a stock has, not sure how he does that
 
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Scholar

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I don’t but I’m curious how much dd goes into putting money into these pennies.


Like is there a clear link or is it just speculation / gambling.


If there’s a clear methodology then I’m interested in learning more but if it’s just following the crowd, I’m out :hubie:
Lot of it is momentum and catalyst events
 

bnew

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Looks like he is


0% State Tax
We can cut taxes to 0% from 16% and drive growth which will increase the state's revenue from $15B to $30B.

clown shyt :heh:


this has been attempted before and failed spectacularly

Kansas experiment - Wikipedia

The Kansas experiment refers to Kansas Senate Bill Substitute HB 2117, a bill signed into law in May 2012 by Sam Brownback, governor of the state of Kansas.[1] It was one of the largest income tax cuts in the state's history,[2] which Brownback believed would be a "shot of adrenaline into the heart of the Kansas economy".[3]

The cuts were based on model legislation published by the conservative American Legislative Exchange Council (ALEC),[4][5][6][7] supported by supply-side economist Arthur Laffer,[8] and anti-tax leader Grover Norquist.[9] The law cut taxes by US$231 million in its first year, and cuts were projected to total US$934 million after six years,[10] by eliminating taxes on business income for the owners of almost 200,000 businesses and cutting individual income tax rates.[10] Brownback compared his tax policies with those of Ronald Reagan, but also described them as "a real live experiment",[11] and had predicted that by 2020 they would have created an additional 23,000 jobs.[2]

However, by 2017 state revenues had fallen by hundreds of millions of dollars,[12] causing spending on roads, bridges, and education to be slashed.[13][14] With economic growth remaining consistently below average,[15] the Republican Legislature of Kansas voted to roll back the cuts; although Brownback vetoed the repeal, the legislature succeeded in overriding his veto.[16]

The Kansas experiment[17] has also been called the "Great Kansas Tax Cut Experiment,"[15] the "Red-state experiment,"[18] "the tax experiment in Kansas,"[19] and "one of the cleanest experiments for how tax cuts affect economic growth in the U.S."[20]
 
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