Boiler Room: The Official Stock Market Discussion

[DaddyFresh]

This is fake news. They polled 430 retail investors.

 

[dora_da_destroyer]

I'm game

We used to use zuora at one of my old companies, it felt nondescript and I don’t remember it becoming a super valuable part of our tech stack and I remember it being a headache, felt like we were talking to customer service or an implementation engineer every week. But at 13, might as well take the gamble

 

[Kyle C. Barker]

He'd have to eat a wash sale so if you wanted to sell out of the shares but avoid the wash sale and buy lower in less than 30 days use a different brokerage lol

I had no idea that there was a loophole for that

 

[winb83]

much more pragmatic convo about chamath selling SPCE, basically anyone invested in this company who is doing their DD by following it might have pulled some, or all of their money.

while i think some this space shyt has potential, not guaranteed success/profitability, it's more speculative that EVs and Weed, I'm cool on that sector.

With this and Clover Health's fiasco he's been going through it.

He'd have to eat a wash sale so if you wanted to sell out of the shares but avoid the wash sale and buy lower in less than 30 days use a different brokerage lol

Technically that's lying on your taxes. They probably would never find out. Hell when I filed my taxes I just used the totals on the tax forms SoFi sent. I didn't list out the buys and sells.

 

[GoldenGlove]

Ark- Why did Square acquire TIDAL? In our view, the partnership is a more natural fit for Cash App than most observers might expect. Cash App’s partnerships with musicians have integrated it into urban culture, accelerating the digital wallet’s growth. Leveraging learnings from its partnership with Spotify, Cash App could enable TIDAL artists to sell merchandise powered by Square eCommerce, increasing both the engagement and reach of both platforms. Perhaps more important, Square and TIDAL together could disintermediate record labels by offering artists loans backed by the cash flows associated with their streaming revenue, much like Square underwrites business loans based on merchant cash flows. Ultimately, the partnership could reinvigorate TIDAL's original mission, giving artists the opportunity to build relationships with fans by offering exclusive content.


- record labels stay fukking over artists. If this actually does get to cutting out labels, that would be great.

They could implement an NFT style marketplace for musicians and really fukk the game up... respectfully

 

[theworldismine13]

With this and Clover Health's fiasco he's been going through it.

Technically that's lying on your taxes. They probably would never find out. Hell when I filed my taxes I just used the totals on the tax forms SoFi sent. I didn't list out the buys and sells.

what clover health fiasco?

 

[KalKal]

I had no idea that there was a loophole for that

If they "catch" you, that's still a problem. So it isn't really a loophole.

 

[Saysumthinfunnymike]

Technically that's lying on your taxes.

he ain't gonna sell the new shares so

 

[dora_da_destroyer]

what clover health fiasco?

I assume he’s alluding to the tepid response to clover as a target ever since it was announced, the investigation and price collapse. IPOC was Chamath’s weakest premerger SPAC and is off to a rocky start post merger. May be too soon to call it a fiasco, word to the infamous Russell Wilson thread

 

[Serious]

Brehs what did y’all do when the market tanked in 2000 and 2007. Did y’all keep investing, or did you just save money and stop looking at your portfolio for a couple years?

I'm hoping most people here were in middle / high school.

 

[Serious]

Some of yall need to take a week or two away from the market and this thread.

 

[GoldenGlove]

I'm hoping most people here were in middle / high school.

 

[GoldenGlove]

Some of yall need to take a week or two away from the market and this thread.

I didn't even look at my portfolio today until like 9PM


I already know I'm not selling anything anyway, so what's the point? I have much more peace of mind when I just set a price for stuff that's on sale right now and just go on about my day.

 

[Serious]

PGIR talking about Chamath & Clover

 

[KalKal]

I'm hoping most people here were in middle / high school.

Not me

I was out there waiting for the GOOG IPO to come out.