Boiler Room: The Official Stock Market Discussion

[the cac mamba]

so is this fukking ship thats stuck in the suez canal gonna start an interruption too?

it sounds like a pretty bad situation

 

[Liu Kang]

Down 44 k on clover

I'm down 30% on it (my average is 10.99) but mostly beause I'm waiting for it to find a floor before averaging down as it was too dangerous to buy while it was digging deeper and deeper. Fortunately, my position wasn't too big on that one so I will be able to average easily with an average between 8 and 9 if possible. That is, if there's no new ATL

 

[Serious]

Buy the dip

you laugh but I've been dropping big dough all this week.


Once again, y'all already know my stance. I don't give a fukk about right now. I don't need the money right now.....

 

[pete clemenza]

Here we go market, here we go! *clap clap*
Here we go market, here we go! *clap clap*
Here we go market, here we go! *clap clap*

 

[Domingo Halliburton]

SAII + Otonomo SPAC merger is one I'm looking into. Currently trading a bit over $11.40

This one is a little more speculative (at least for my profile -- though some of y'all eat this type of risk regularly) and the deal won't happen for another few months. So keep that in mind in regards to holding period and expectations.

I'm intrigued by this company despite it looking like they stole most of their tech. Like you said I wouldn't risk much because it's highly speculative but no one has shut up about spacs for months now.

 

[Panther]

so is this fukking ship thats stuck in the suez canal gonna start an interruption too?

it sounds like a pretty bad situation

i do think this is going to have a big impact

I was listening to a podcast that says around 10-12% of all shipped goods through there. only other option is going around africa which takes forever

 

[Prodigital]

So I woke up this morning and APOP popped the fukk up! I shoulda bailed as soon as I saw the gains, but I held for a +40% bump, took that and jumped all the way in INPX... FULL RETARD

INPX has their after hours earnings call today and hasn't recovered from the February sell off... this might be the play I was looking for

 

[mannyrs13]

If you’re scared, go to church p*ssy.

warren buffet lost billions this past month. You think his lifestyle changed one iota?

Why don’t you log off and go clock into your secure government job and leave us idiots alone.

I wish I had billions to lose.

Billions is prolly what that damn OPTI has lost its investors lately.

 

[mannyrs13]

Red days are how investors make money. You buy stocks for cheap knowing the price will recover. When it does you profit. People just got too used to watching stocks continue to rise.

Yeah and hopefully the price recovers before it's too late.

 

[dora_da_destroyer]

market is having mood swings today

 

[NkrumahWasRight Is Wrong]

You say ok but if you could buy a brand new 2000 sq ft home tomorrow for $50K would you be mad about it?

Would you look at your home you live in and think you losing money?

Unless you looking to cash out now it’s a non-factor. If the stocks you own aren’t distressed with deteriorating fundamentals then the short term price people willing to pay at the moment is irrelevant.

You can take advantage of lower prices and buy more shares of good businesses that are at a better value to average down or you can tax loss harvest bad positions you hold and roll the proceeds into better ones or you could just close the browser window and not track what’s happening.

What’s happening right now is a positive for investors. If you just chasing short term dollars it sucks.

if i currently own a home and the value drops 50% should i be happy? or not worry about it because i havent sold yet?

even if i had the assets to buy a 2nd home at discount im still looking at my current home with trepidation wondering when im getting my value back

 

[NkrumahWasRight Is Wrong]

If you’re scared, go to church p*ssy.

warren buffet lost billions this past month. You think his lifestyle changed one iota?

Why don’t you log off and go clock into your secure government job and leave us idiots alone.

secure government job?

youre talking to the wrong guy

 

[Rekkapryde]

You aren’t losing money though. You only lose money when you sell. You bought stocks and still have the stocks you bought. Just because at the moment the price people are willing to pay for what you own went down doesn’t mean you’ve lost anything.

yeah, I've come around to that mindset because it's 100% true.

breaking that mindstate that you've lost bread when you haven't sold yet is the key.

 

[NatiboyB]

i do think this is going to have a big impact

I was listening to a podcast that says around 10-12% of all shipped goods through there. only other option is going around africa which takes forever

i thought I read that the issue was over. So that means some misinformation is going on. People forget how huge these ships are and even with the canal being man made they have to clear a lot of space just to be able to allow that ship clearing space.

I’m thinking I should buy low on ctrm

 

[Saysumthinfunnymike]

Cathie "Harold Miner" wood needs to tell me when growth is going to reverse..