Boiler Room: The Official Stock Market Discussion

[Prodigital]

so you say you have 1000 profit on your portfolio overall, you saying with your strat you would only put in max 1k more?

Yessir. A grand for a grand. The way I look at it, if I'm holding the right stocks, its either gonna grow slow or grow fast. If I start losing over a week or two, I switch that out to something on the up and hold it till I get back my gains. This forces me to not make back to back risky moves.

Not gonna hold that rule for ever though. Once I get freed up on the day trade, I'm gonna try to make quick plays for 5%- 10% gains.

And theres a few im gonna hold basically forever, like NIO, never gonna sell a single share, shyt has 3x for me already. I'm fine letting it get cold. But I'm trying to crash course not learning the market with smaller plays. I still have a lot to learn about this all, I'm not even using options yet.

 

[Serious]

he always pushes his stocks.



he does move a needle. not alot, but it's always 6-12% pop the next day whenever he announces he'll buy something.


he needs to pump da shyt out of planet 13 even more. it really needs to get added to nasdaq

Beth did you peep that list I mentioned you in a week back.

Literally half of the stocks Jeremy pumps where on that high percentage of short interest list.

Its was 9 stocks on there.

The funny thing is that he never mentions short interest in his videos as a reasoning for picking stocks.

 

[Lord_nikon]

im using tradingview.com,,,, you can also type in crypto ,,,,, they got a big SELL on that GME chart

 

[FatherSimp]

Portfolio took a beating today

That's life

 

[LurkMoar]

Them GME cacs going down with the ship people putting their life savings in

 

[Starski]

“thinks he can successfully sue a brokerage”


Holy shyt

 

[Saysumthinfunnymike]

Just caught up reading today's posts. Guys, i want cciv to get lucid as much as anyone but i doubt there are cryptic messages being sent out from ether side

 

[Saysumthinfunnymike]

DKNG gang the wait is paying off some of my shares are 3x now in one of my accounts

this MSOS ETF has been a fukking machine. when i post u know what we talkin bout from now on lol

 

[mr. smoke weed]

Yahoo is now a part of Verizon Media

Oh, word. shyt gna pop.

 

[Saysumthinfunnymike]

last thing.. i see some of the new members discouraged and I've been there, i think i know why.. you guys are buying into certain stocks that are running and thinking i gotta hop on this train and a lot of times it's not that simple..

you can do that but for an inexperienced trader it's very difficult. i recommend finding plays that you are going to have to have a little patience on. this allows you to trac the company and do all your DD and when it starts to pay off you'll know it's because your thesis was right and you'll be able to replicate these moves.

i didn't buy SAVA. @Russ made a fantastic call on SAVA but i didn't buy it after it ran up the first day. the second day it ran up a ton more and i didn't feel foolish for not buying it at that point because A) I didn't know enough about it and B) it had run from $20/share..

Hot streaks like that are bound to have a little cooling off. shyt, i might wait a long time to get into SAVA or i may never get into SAVA. You have to learn how the market operates. A parabolic hot streak is often followed by a pullback, you look at the charts and nothing is a straight line, when a stock flies away from the 20 day SMA you are playing with fire if you chase it. It's better to let it come back to you, have a nice pullback, let it settle in and then when it finds support and you still like the company, then you can nibble off some shares.

Never buy it all at once either. It's usually better to buy in three waves.

 

[CBalla]

These lil 3% gains add up

 

[Saysumthinfunnymike]

Also, NEVER buy something just simply because I said it or @Serious said it or @Doomsday or @Russ or @dora_da_destroyer or @Kal El etc.. etc...

i see some folks wondering about the short seller reports on CLOV. @Serious has done a ton of DD on the company but you gotta also do your own DD and if you think it's a stay away that's fine, there are a million plays out there to make. He's done his DD and he is confident in the company and I'm pretty confident myself too, the reason why I sold IPOC/CLOV was because I had already made something like 70% off it by that point and there were other plays I wanted to get into with the profits.

Always do your own dd

 

[YOGEBEAR09]

Also, NEVER buy something just simply because I said it or @Serious said it or @Doomsday or @Russ or @dora_da_destroyer or @Kal El etc.. etc...

i see some folks wondering about the short seller reports on CLOV. @Serious has done a ton of DD on the company but you gotta also do your own DD and if you think it's a stay away that's fine, there are a million plays out there to make. He's done his DD and he is confident in the company and I'm pretty confident myself too, the reason why I sold IPOC/CLOV was because I had already made something like 70% off it by that point and there were other plays I wanted to get into with the profits.

Always do your own dd

How do yall determine what companies that you want to look into? I see some of yall saying yall find companies when they were only a few dollars, but what determines the companies that you want to look in to?

 

[Saysumthinfunnymike]

How do yall determine what companies that you want to look into? I see some of yall saying yall find companies when they were only a few dollars, but what determines the companies that you want to look in to?

sometimes by sector and go from there. When i first got interested in Draftkings, it wasn't all over YT or anywhere, not many ppl were talking about it. it was my own pick. Not to say many others weren't thinking the same thing as me.. but i was reading about different companies coming to IPO or public via SPAC and Draftkings caught my eye for a couple reasons..

The first being that i'm a big sports fan so the name was immediately recognizable obviously but the more important aspect for me was that i knew quite a bit about the push towards making sports gambling legal (my background is in politics) and i felt that was a sector that could blow if the push continues and more states come into play.

So then i dug around some more and the balance sheet was ehh but i felt they had enough marquee names involved for marketing purposes and there wasn't another established name to worry about other than the potential CZR merger and then whatever happened with Penn and Barstools. I felt they were a little ahead of the game of those others but I did end up putting some money into the others anyway.

but back to draftkings, i felt they were better positioned and then i read into their technology advancements and was even more sold.

My picks don't always come from just that though.. i do want to know how well a company is positioned against their competitors but another thing i want to know is what's their future growth looking like for the following year and what do they have in the pipeline.

So now look at something like TTCF which I'm also bullish on. Again it checks all my boxes.. The future growth potential is there, their products are moving into more stores, they are doing a big marketing campaign this year and most importantly there aren't many stocks where you can get into that food sector. Beyond Meat is one but the market cap is already big whereas the market cap for TTCF is still small..

So that's another thing you want to look at. The price of shares isn't necessarily the thing, it's the market cap, how much room to grow is there..

So it's

1. hot sectors
2. potential growth
3. vs. competition
4. balance sheet
5. market cap (has it run a lot already)

 

[tofuspeedstar]

How do yall determine what companies that you want to look into? I see some of yall saying yall find companies when they were only a few dollars, but what determines the companies that you want to look in to?

My own DD, personal WE in tech + legal.

Sometimes I will follow a random hunch, like some guy on IG suggested to his followers to buy into SKLZ last september when it was $13/share. Bought 200 shares then and been sitting on it since.

My recent investments into IPOE/CCIV were based on personal interactions (IPOE cuz my boss raves about SoFi, and Lucid b/c the founder posts in an FB group I'm in.)