Boiler Room: The Official Stock Market Discussion

old pig

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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
 
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Serious

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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

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Facebook is green for me. Also I own a fractional share of Pepsi in M1 and it's up pretty well.
giphy.gif
 

Majestic

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hopefully a full on market crash is on the way. im talking march 2020 levels.
 

Panther

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I wonder if this correction last past QW :patrice:

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