Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

PMCC on RUSL

Buy September $10c (less than $5.00)
Sell March $15c

 

[Ohene]

Zoom tried and got rejected by five9

damn. missed that one. the stock is 50% lower now. if zoom had the cash now would be the time lol

 

[Ohene]

footlocker

 

[JetFueledThoughts]

Unless there is some crazy afternoon dip I’m not buying a thing today.

Not ruling out some crazy shyt happening with Russia over the weekend that has us looking at red Monday morning.

 

[Rickdogg44]

Unless there is some crazy afternoon dip I’m not buying a thing today.

Not ruling out some crazy shyt happening with Russia over the weekend that has us looking at red Monday morning.

Agree. I thought about waiting on my PMCC. But I only did one. If red on Monday I may do another

 

[winb83]

People gonna look back 2 years from now at the price some of these companies currently trading at and just shake their heads, lol.

People ultimately just doing what they think can make them money. You gotta believe in what you're doing because the herd is always gonna be running around panicking. Fear rather than confidence is most people's guiding principle in the stock market. Letting the herd guide your moves just leads to worse than average results. Better off setting and forgetting an index fund / ETF.

 

[Ohene]

Rinse, wash, and repeat.

i feel like the S&P gets up around 450 and then its another flush but lets see

 

[Ohene]

that would've been a great buy for them too

it really woulda been

 

[Ohene]

Unless there is some crazy afternoon dip I’m not buying a thing today.

Not ruling out some crazy shyt happening with Russia over the weekend that has us looking at red Monday morning.

yup

no news will be good news. but the markets mad fragile right now

 

[winb83]

Foot Locker just had what I'd consider a material change to the business. If Nike doubles down on direct to consumer sales they're gonna put Foot Locker in a really bad spot.

 

[Brolic]

Why’d the market dip the last 2 weeks because of uncertainty of war, but then go up two days straight once the war started?

 

[El_Mero_Mero]

I drop it but I’m into marqeta low key pick and shovel play for fintech

What was your entry point for this company?

What's a "pick and shovel" play?

 

[humminbird]

Why’d the market dip the last 2 weeks because of uncertainty of war, but then go up two days straight once the war started?

could be because they liked how Biden handled it
could be because they're exiting puts and starting short positions

 

[Macallik86]

Why’d the market dip the last 2 weeks because of uncertainty of war, but then go up two days straight once the war started?

Sell the rumor buy the news

 

[Da_Eggman]

What was your entry point for this company?

What's a "pick and shovel" play?

A pick-and-shovel play is an investment strategy consisting of buying stock in the tools or services an industry uses to produce a product. With a pick-and-shovel play, an investor might buy stock in a supplier to an industry instead of a company that produces the finished good.

It goes to the Gold Rush days not everybody found gold but they bought shovels and picks


Another example would be like a semiconductor stock a company like Nvida is a “Pick and Shovel” play on the gaming industry