/smg/ - Stock Market General

Imagine bagholding SPI at its $40 peak

At least if you were bagholding TSLA at $500 you had some semblance of hope

Latest iBorrow desk numbers on GME
looks like most of the 800,000 shares released this morning was snatched up, and look at those borrow fees lol

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ETH was up (way) more than stocks today, so there is no reason for crypto community to be salty
they should be having a nice dinner and celebrating
they only get crabby when crypto is down and stocks are up

I got into GME at 8.60 and now I'm getting scared. Should I secure profits?

what the fuck, did i like move to an alternate universe or something
when the fuck did that hapepn

They feel threatened because the market didn't tank as badly as they thought it would. Notice how most of the crypto community on here has nothing but total disdain for real investors. They hate the old world system they want something new so they don't feel left out or left behind. I feel the mods may be heavily invested into crypto and as a result don't really like these threads all too much.

How long will this bear market last? Are we better off moving everything to a savings account for now?

HOLD you weak handed faggot

Yeah if you’ve got weak hands and little balls you should sell.

how much of a pussy are you to be scared of the daily movements. Who gives a shit if it goes down to $6 temporarily (unlikely unless second lockdown)?
did you really think the "long play" was the main purpose of buying GME? The long play was just a backup because no one knows if and when the squeeze will happen. The long play makes sure you will at least come out with some profit by Q4 barring some black swan event (2nd lockdown), and even then, $200 million ecommerce revenue for a $500 million market cap company

iborrowdesk for GME won't load for me wtf. Is your pic for real

I must be going crazy because I swear it stayed at 800K the whole day

It’s a pretty big stretch to call the /smg/ community real investors. 90% here are speculating just as much as crypto fags. Me included.

Buy CEI. Next meme penny of the day it’s up 31% AH

I wonder if the Zig Forums mods and jannies are invested in anything
it should be part of the application process that they have to show the Zig Forums admin high council what their portfolios look like (it probably isn't though)

What do you think the price will be in December?

Yep good time to get out, Amazon just announced it's own gaming platform today, and I doubt they are going to let gamestop carry it,

Daddy Trump gonna pass stimulus 2: electric boogaloo tomorrow

Green Day

Playbook in 2009 was to not deal with the recession for Main Street but to POOMP equities for Wall St.
Reminder to ALWAYS bet against the middle class, because it is the Fed's most consistent position. And you don't bet against the fed.

FINE
Also, I just noticed GME has a 9.80 div ...unless its been lowered now. So maybe holding aint so bad, huh? When is next div payout

How do you seriously make it bros? How do you generate $100+ million from the markets?

Does it simply take gigantic balls and going all in on TQQQ forever? Let the markets go up as they always do? Take 80% down-swings but the upside is absolutely immense?

am i gonna make money tomorrow?

so we going in on CEI, JE, AIHS, and (maybe) CBAT tomorrow?
Can we confirm, or just speculation?

>Amazon just announced it's own gaming platform today, and I doubt they are going to let gamestop carry it,
aw shit

Options

no one here knows, if you really "made it" you wouldn't be share wininng tips and strats with ppl on Zig Forums

>oil an gas
>american

Chink bots do not buy these

I'm not touching the other ones although they like promising, im holding JE till around 1.50 and CBAT till around 6

There won't be another stimulus.

it's trading at a price to sales ratio of 0.15 right now for a lucrative industry even in lockdown/quarantine
take your guess, at least $10 is the minimum but no one knows the future. Again, forget about the long play, that's just a backup so you don't lose money by the time you exit out Q4.

I can't fucking load IBorrowDesk for some reason to verify. If interest rates skyrocket past 100%, short sellers are going to pay half a billion to stay uncovered for a year, it's better for them to just cut losses instead of paying interest since Gamestop is not going bankrupt in less than a year

>small caps leading the futures
delicious
time for the small cap + industrials comeback

brehs...
to be honest i was pretty down yesterday.
my positions are literally memes like GME, SHLL, RKT.
I even got fucked on RAD.
I refuse to back down on GME. If I can't exist rich, I refuse to exist at all.
Going in harder tomorrow, adding to my JAN 20 15 calls, I got for .67

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Stocks are slow and steady.

Options are yolo. You see niggers here making down payment on a house type gains. But most anons get eaten alive and lose everything

>Also, I just noticed GME has a 9.80 div ...unless its been lowered now. So maybe holding aint so bad, huh? When is next div payout
you are hopeless

i can't believe im in the same general as you

How much higher can FAANGM go?

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RKT isn't a meme but I think it'll only go back up when the financials go back up. It's a great value imo.

Black pill is very VERY few people make it. The market is designed to absolutely fleece the little guy. Add to that human error and emotion. We’re all just along for the ride.

I bought a modest amount of CEI today. They’re allegedly going through a merger in November, If this chink pump and dump fails then maybe that’ll yield something.
We need to find out what the Chinese/Korean forums are saying for investing. Inside man where

$100+ million just isn't going to happen, for you or for anyone else on this board. No amount of 'risk tolerance' will get you there. Stop fantasizing about the life you would have if you had invented Facebook, and start looking for ways to spend less money and improve your life satisfaction. Accept that you'll be happy putting away $1k each month and seeing it grow at 10-15%, and figure out how far you are from being wagecage-free.

>Imagine bagholding SPI at its $40 peak
That would hurt bad. Idc if i was holding it Id sell it even at $10. 25% kept is better than having that staring back at me in my portfolio day in, day out.

>At least if you were bagholding TSLA at $500 you had some semblance of hope
Yeah, may be a while but at least there's hope until the meme fad on it runs out. Wouldnt want to be holding that bag at that point.

>buy bitcoin at 100-150 post mtgox, dump it all around 17-18k because I see news coverage on it
>buy ltc around 3-4 because lmao bitsilver, dump it around 200 when the random moonshot appeared
>buy eth at around 25-30 because Zig Forums was shilling it, forgot I had it, sold around 900 when it was mooning for whatever reason I can't remember
>pay uncle sam his cut and now just buying stocks, silver, and some tbills to float the excess cash

Maybe the cryptofags should stop chasing pipe dreams since the entire scene is practically all snail oil sales and PnD ops these days.

Dividend chasers are multifaceted retards. No matter what angle the light shines of them you get retard rays coming out of them.

Hey they were dumb enough to buy sunw. Which is just residential solar panel installation

Forever like the S&P500.

Is this real. This couldn't be could it?

>Insert green text from last thread here

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Going all in on GME tomorrow.
I was only half invested, now I'm fully invested.
Wish me luck bros.

I'm sorry I don't understand what you mean.. Does that mean stocks are going to go up from QE? How does the middle class get screwed over exactly? Dollar inflation for saving accounts?

RIP

snake oil, oh gee I should go to sleep

>Hey they were dumb enough to buy sunw.
i just realized, i sold SUNW close to $8 at the top
someone bought my SUNW shares at the top

who was that idiot

I really want to buy and hold RKT but real estate looks like it's heading for a shit storm.

who's the girl?

You're right about 100 million user.

But I think if you are smart enough and you focus, you can become a millionaire in a few years if you invest correctly

can't be right, but IBorrow is shitting itself and I can't verify.

Anyone have IB or another broker that lets them short to check?

Also this

We’re over here shitposting about how we’ve crunched the numbers and how we’re going all in with our $1000 on ABC stock. Then there’s Joe Millionaire decided to dump $1,000,000 in ABC stock thanks to insider info and user loses a huge chunk.

interesting update from the alpha thread (see pic related) on the topic of mm fuckery

somebody posted this screenshot to the alpha thread. I can't load iBorrow desk to confirm (which in of itself is suspicious, which makes me think these numbers are true)

divs were canceled

let me put it to you this way. The last time people expected a meme squeeze was in April of this year when the price suddenly mooned to $5.95

If you bought at the high then you'd be up 2x now and have faced a maximum drawdown to like $4.

basically don't play weeklies and hold faggot. If you sell you help the shorts.
If you're really desperate for gainz now, sell cash-secured OTM puts

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What do you think will happen after the CEI x VKIN merger? Will it uptick, even after a chink pump dumps it as it’s current standalone?

Why? Housing sales hit 14 year high.

This is why the chinks are our greatest ally, allowing us based white men to take advantage of their schemes which takes money from jews and ((market makers))

>PS5s will be available to preorder tomorrow at GameStop
>Let’s be honest: trying to preorder a PS5 has beenanything but easy. That said, if you want to try to secure Sony’s next-gen console ahead of its November 12th launch, you’ll have another shotat nabbing one at GameStop tomorrow. Both models of the PS5 will be in stock on GameStop’s website, though the retailer has yet to mention what time it will open preorders online.
>If you’d rather try your luck in person, you can always go to a GameStop near you. And if you decide to brave the line at a physical store, you can either pay for your PS5 in full or drop a $50 down payment to make sure you get one. (Although it’s unclear how many or which units each store will have).

Whatever you choose, remember that it’s still really difficult to get your hands on a PS5 right now, no matter who you are. And don’t even think abouttrying to find an RTX 3090.

>Does that mean stocks are going to go up from QE?
That is literally all QE has ever done in any country that tried it. It is just less effective with each "round" of it.
>How does the middle class get screwed over exactly?
Equities are historically held by the top 10%. POOMPING equities means you give the already wealthy more wealth. And its worse than that because the actual economic recession was never addressed. You want to know the main SUPERCHARGER for income inequality that led to Bernie Bros and Trumptards? It's the Fed's QE and TARP in 2009
>Dollar inflation for saving accounts?
Anything market where rich and poor participate gets inflated. Housing, education, healthcare, etc.

During the 2010's bull run but the past few months make it hard to see that run continue. At least the higher volatility should be helping the day traders.

GME has more cash on hand than their market cap. They can buy themselves.

Believe in yourself. Ignore the haters on this website. nogf incel rage is a vicious cycle of crab mentality.

Elon Musk is a dumb motherfucker, but he believes in himself.

SHLL chads, whats our pt post merger?

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You can do it user, I believe in you.

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we continue to bleed tomorrow
it is written