Boiler Room: The Official Stock Market Discussion

old pig

Veteran
Supporter
Joined
Nov 12, 2017
Messages
105,181
Reputation
20,015
Daps
437,478
What do you mean by that?

buy “low”...sell at a higher price with the expectation of an oncoming dip/correction/profit-taking whatever...buy it low again with the intention of re-selling it higher again...easier said than done tho, although it’s been pointed out that many SPACs followed a pattern that allowed for this when everything was running...remains to be seen if they’ll still behave this way
 
Last edited:

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
79,810
Reputation
14,180
Daps
189,741
Reppin
1st Round Playoff Exits
Joined
May 1, 2012
Messages
178,955
Reputation
22,418
Daps
585,301
Reppin
49ers..Braves..Celtics
or any stock you believe in long term

What really changed about all the businesses in the red, aside from stock price movement, nothing.

So why panic. :yeshrug:

This is all intentionally being done, imo.

As i've posted in the past:
https://www.cnbc.com/2018/12/05/sel...80percent-of-us-stocks-fund-manager-says.html

Agreed but people expecting these high ass valuations as before may be in for a disappointment.

People didn't buy Tesla at $800 thinking it'd be at $900 3 years from now.

People bought into the idea that it will be back to $1000 by the end of the year and Chicken was pretty bullish on that idea.

So we'll see how it plays out. I wouldn't add Tesla right here i think there's other plays to make that are more reasonable.

I also wouldn't sell Tesla here.
 

morris

Superstar
Joined
Oct 8, 2014
Messages
16,367
Reputation
4,875
Daps
35,876
Facebook is green for me. Also I own a fractional share of Pepsi in M1 and it's up pretty well.
giphy.gif
 

Majestic

Believe in myself and the Coles and Kendricks
Joined
Dec 27, 2016
Messages
9,780
Reputation
2,085
Daps
35,069
hopefully a full on market crash is on the way. im talking march 2020 levels.
 

Panther

Byrdgang
Supporter
Joined
May 1, 2012
Messages
19,575
Reputation
3,291
Daps
36,760
Reppin
ByrdGang
I wonder if this correction last past QW :patrice:

Im trying to squeeze in a check from this new gig while shyt on sale
 
Top