I genuinely think GME management is getting paid under the table to fuck with this stock. Its going to make billions of billions this year, its turning its entire biz model around, and this shit happens regularly. What the fuck.
>GME >console release day >dumping >less than 1M volume
this is pathetic
David Powell
>Palantir is a cash furnace. For example, in 2019 its operations consumed $165 million in cash — which represented 22% of its revenue. Its cash burn increased from the year before. In 2018, Palantir’s negative cash flow from operations was $39 million — its 2019 cash burn soared a whopping 323% while its revenues rose 25%, according to its prospectus.
>Palantir’s product is very expensive to sell and the company has very high overhead costs — accounting for a combined 105% of revenue last year. For 2019, for example, Palantir’s sales and marketing expenses of $450 million represented 61% of its revenue while general and administrative costs — of $321 million — were another 44% of revenue.
>After 17 years, Palantir has not figured out how to make a profit. Will its executive team learn how to do that now that its shares are publicly traded?
YOU TOLD ME IT WAS THE LAST CHANCE TO BUY CLF UNDER $9 WHY DID YOU SCAM ME, YOU SCAMMER?
Jacob Young
I wish I bought more Shell at €10
Brayden Green
Most the people here fomo'd late. You are the exception.
David Lewis
Lmao that was quick
Do I buy one or two shares /smg/? Not spending more on volatile chink stock before I've built the rest of my portfolio
Jayden Parker
what the fuck is VXXs problem? it should be going back down now that there is less uncertainty regarding the pandemic... and if these fucking liberals don't shut the fuck up about john oliver i'm going to fucking scream.
Ethan Moore
Where's the user that told me stocks only go up? I'M FINANCIALLY RUINED. SHOW YOURSELF. NOW.
What autistic things about stocks do you do /smg/? I refrain from masturbating on red days and only coom on green days.
Jayden Roberts
guys, if you really haven't realized it yet, GME isn't gonna do anything until next year probably, and Q3 earnings are probably gonna be a disaster, it's over for now t. someone that COOMposted daily all through September and most of October
Julian Hall
ALMOST 20% OF COVID-19 PATIENTS RECEIVE A PSYCHIATRIC DIAGNOSIS WITHIN 90 DAYS - OXFORD
So I’ve been trading nearly a month now. Finally convinced my wife to let me invest our savings as we save for a house (around 11k). I took about $6,000 and went all in on GME after their favorable console cycle. Not even 3 days later and I’m down $1000. I quickly pull out and decide to invest in a safer mainstream company. That fucking company was PLTR on the advice of a few anons. I am down around $1300 again. My question is there any legal recourse I can take against PLTR for not warning shareholders of a massive dip. When GME shit the bed I had atleast 4 different law firms email me about a class action against GME. I signed up but all I keep getting are ads for stock market related tax prep.
Ethan Taylor
You are fucking me
Gabriel Walker
Uhhhhh bros, you realize SPY is heading right back to 323?
I mean I have shares with a cost basis around 11 because I averaged up. I'll chill until then, whatever. I genuinely like what they're doing with the company but I absolutely hate how they hide good news. GME's management are fucken assholes.
Ayden Diaz
I think so, I might buy some for April myself but waiting for some other option meme plays I did first
James Richardson
you should stop trolling, and then kill yourself
Isaiah Foster
We'll make it, my favorite nemesis. Frenchfag 90% in Total here. We'll make it, bro.
SCHWAB NEEDS TO FUCKING GET ITS SHIT TOGETHER I CAN'T FUCKING HAVE THEM SHITTING OUT DURING THE DAY WHAT THE FUCK I JUST LOST $2000 BECAUSE I CAN'T FUCKING MAKE TRADES
GODDAMN NIGGERS
Dylan Stewart
Pure coincidence that all this is happening right after Biden gets elected
I'm looking at AMD graph and I think Support at 73$ is good. If shit gets worse, it can only go so far imo. Have your margin covered and you should see recovery within 2 weeks from this big fuck up. I'm bag holding -£2000 atm, not looking good, but I'll keep my margin good and pump more in if I have to keep the margin there and hold as long as I need to recoup.
Ryan Johnson
Then why hasn’t GME’s underlying gone above 11.30 yet?
Jaxon Davis
Bullish for healthcare.
Ryder Gomez
>set stop loss for CRSR at 25 >IBKR sells at 24.3 absolute bottom What the fuck?
Jaxson Thompson
Once the supreme court rules in Trump's favor on this election debacle, we'll be back to all time highs and celebrating again. Make no mistake about it, they're going to throw out all the electoral votes they need so Biden can't get an electoral college majority, and then congress will put Trump back in office.
Sebastian Parker
This has been a terrible week for me. I think I’ll just go all in UVXY or PLTR and not open my portfolio for days to come
Is apple officially over? Another announcement today and not even a bounce in the morning, not even a fucking bounce. Wtf is mr. cook doing over there aside from picking outfits from old navy for his staff to wear in their vlogs?
Who gives a fuck if NIO dips lol? If a company sounds solid, you don't need to watch the ticker. That's just noise.
China gives a fuck ton of government subsidies to EV makers, which were recently extended into 2022. EV deliveries in China doubled last week. NIO also makes batteries, other mobility shit: they also have a new vehicle coming out in December.
NIO is a no-brainer for long term hold. They'll have ~30% of the EV market share by 2025.
Your post is like if Tesla dipped on October 11th of 2018. In other words: who gives a fuck?
Yeah, depression and anxiety. Which is also associated heavily with isolation. Hmmm, what in society right now could possibly make people feel depressed, anxious, and isolated...
Anthony Gomez
allow me to shill Shell
Anthony Davis
kek. I don't think they have much more growth potential tbqh. I think 2 trillion market cap is the top.
Chase Perry
red candle stick big i buy green candle stick big i sell
Owen Jenkins
Is that a ss13 meme on /smg/
Parker Evans
This is just a small correction. Surely we'll go back to being green tomorrow.
>Palantir Cofounders Peter Thiel And Alex Karp Have Unloaded Over $400 Million In Shares Since The IPO Old news but I dunno, you tell me.
Kayden Thompson
It’s been like this all goddamn month. Might as well throw my money into an expensive drone and crash it immediately. It’ll be more fun than this stupid shit
You're german, why aren't you buying Bayern or smt?
Christopher Green
it will never stop being funny that people screech and flail because they couldn't live for a while without spraying spittle into each other's mouth.
Robert Green
good man, enjoy your free gains. Should go back to 44 or 45 at least once today
Gavin Miller
Could be worse. I fell for the PLTR meme.
Daniel Walker
robinhood is down what the shit
Anthony Collins
what people actually use stoplosses and why
Levi Nguyen
So you're saying it's time for some GME faggot delights?
Oliver Jones
90% wow nice. You will make mad gains. I'm only 15% in energy and some of that is renewables, but I'm definitely going to be acquiring more BP in the next few months
I'm one of the smaller portfolio guys - 4k gradually building up to 5 though. But yeah I almost always buy to hold
I use stop losses when day trading volatile options. move the SL up to my entry price when it runs, then up to 50%, 100%, etc. helps lock in profits while still leaving room for it to become a bi winner.
it's a tool like any other, use it wisely
Dominic Rivera
agree but they have gone up to 130 so they could do it again, and making chips is a game changer for them
Easton Foster
Can't help you more with buying high selling low, that's the mantra here. Why are you so retarded that you sell on red, holy shit, if you had hodl instead of panic with your floppy hands you could have earned tons of money.
James Davis
You realize underneath the hood of those shiny shit boxes are just to north korean slaves turning gears right? Chinks don't do quality work ever.
Hunter Roberts
>Could be worse fellas.... I still hold IVR
lol same bro. Rode it down from 7 to 2.50. But I've also been buying in the 270-ish range as well, so much that my average is now $4. Hold a few thousand shares now. If it goes back to where it was before in a few years, I'll be making around $600 in dividends every month on average. Even if it only goes up to half of what it was, that's still $300/month, which is nothing to laugh at. 3 years of that and the stock pays for itself.
Oliver Williams
there are always bigger dildos, I mean candles
Brandon Lee
That's a terrible idea. Options can swing wildly huge amounts in a single day, but still be well beyond your breakeven if you were to just sit on them.
Ian Martin
>maximum pain This is where you position for the rebound. If you don't believe me that's fine, but for the love of God don't buy puts today.
Nicholas Martinez
i am 5k in penny stocks and already 8% down, roast me.
Matthew Baker
>I signed up but all I keep getting are ads for stock market related tax prep. I should have read to the end. I can't believe I bit that.
Nathan Lopez
>stock going up - out a hard stop at 21.40 to prevent too much loss >day opens at 21.60, climbs to 22.15 and keeps going >check in my portfolio - order sold everything at opening bell What the he’ll is up with these algorithms I hate it