Boiler Room: The Official Stock Market Discussion

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No1

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Serious said:
Here’s the thing, finding the price point is irrelevant when you’re “investing”. Hopefully that helps.
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I won’t too off topic but this response is entirely irrelevant to what I’m getting at. But it’s fine.
 
JetFueledThoughts

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winb83 said:
It isn't worth fooling with. Maybe to day trade. It's just so volatile now that you can't tell if the shorts like Melvin got out like they said they did of if they lied or if retail is hopeful and jumping back in boosting it up. Every time it drops could be the end. Every time it jumps could be the start of a squeeze or could be a dead cat bounce.

One thing I know is when the price falls a bunch of people will march into a position to hope it rebounds. The uncertainty now is worse than when they originally pulled off the gambit in the first place.
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I was optimistic on it early this week, but I think today is the dead cat bounce. All evidence points to Melvin having covered their shorts late last week / this Monday.

I think I was wrong about this one but luckily didn’t expose myself much, if it can climb it’s way up around 120-130 I’m gonna sell and cut losses.
 
NatiboyB

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Serious said:
Here’s the thing, finding the price point is irrelevant when you’re “investing”. Hopefully that helps.
Click to expand...

exactly. People will see that price point on Amazon, abc, TSLA and wait for a drop but the dip is never enough to make them jump. I’d never have gotten TSLA if I waited for it to hit the price I wanted it to. And now I’m looking for a share of Amazon and I know I’m going to have to pay because it’s not going to dip to the point I’d feel comfortable with.

speaking of which does anyone think Berkshire B is a good investment long term I’m debating adding 5 shares of berkshire or just adding more ARKK (im trying to diversify from being as high risk as my portfolios are)
 
Kal El

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NatiboyB said:
exactly. People will see that price point on Amazon, abc, TSLA and wait for a drop but the dip is never enough to make them jump. I’d never have gotten TSLA if I waited for it to hit the price I wanted it to. And now I’m looking for a share of Amazon and I know I’m going to have to pay because it’s not going to dip to the point I’d feel comfortable with.

speaking of which does anyone think Berkshire B is a good investment long term I’m debating adding 5 shares of berkshire or just adding more ARKK (im trying to diversify from being as high risk as my portfolios are)
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BRKB is a safe play. If I was nearing retirement I would be eyeing it. If I was young and looking to be aggressive I think there’s better plays out there
 
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