Lurker > red sox 777

Since April 1, rather. On second thought $494 might not be the best place for a limit order. I feel like if it does break the $483 from January it'll go much higher than that. So probably little sense in setting a limit right above that.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Nanis23 posted...

Only 2% more
2% and I can get rid of PLTR forever

Watch it go up 100% after you sell.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

GME and SPCE had a great day for me today. Hoping the market is transitioning back into growth stocks.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I'm seeing lots of green today!

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Do you support having very high concentration? I think 10% is quite reasonable and is on the high side if anything for something as volatile as DNN. His portfolio is not small.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

He's up like 30% in less than 3 months. On 250k that would be like 75k. Definitely nothing to sneeze at!

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Bought back into RKT today. Looking for a squeeze, but I also don't understand how the stock is as low as it is from a pure value point of view.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

LordoftheMorons posted...

Interesting judge split on a SCOTUS case on the Computer Fraud and Abuse Act:

https://twitter.com/mjs_dc/status/1400452769367040000?s=21

Liberals + Trump judges rule that the CFAA does not apply when one uses info on a computer one has legitimate access to for an illegitimate purpose; they actually need to have accessed something that they werent allowed to access at all.

Good to see Barrett and Kavanaugh doing good work.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Sunroof posted...

I dont mean this in a crude manner, but I sincerely dont get why people put forth this much effort and endure the stress that comes along with it to make anything less than $1,000 a month. Thats why I asked those who had AMC whether they put in at least 25% of their portfolio into it.

Im probably just naive to how important a couple hundred dollars is to some people since I havent ever had to worry about money.

It doesn't necessarily take that much effort or stress. Plus, this thing is highly scalable. Investments compound exponentially.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

After a while you get used to the swinginess and learn to mentally categorize investment/gambling gains and work income differently, or at least that's how it's been for me. The former are inconsistent and there can be losses, so I generally do not like to spend money from gains. All gains need to stay invested and who knows, there may be losses next. Because when there are losses, you can't unspend them.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Sunroof posted...

I don't get this kind of thing. Meme stock traders have been overwhelmingly successful so far. If what they are learning is to buy low and sell high, seems like that lesson will feed them for a lifetime.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Sunroof posted...

I received a $1,000 incentive award at my job a few weeks ago. I was humbled that my effort and contributions were being recognized, but I couldnt care less about the $1,000. I literally scoffed to myself and said, I make more than that in a week selling calls. Thats when I realized that the stock market is just stupid.

I mean, at some point you'll be making enough in the stock market that you won't feel very motivated to work. This happens to a lot of people as they get older. That's the magic of capitalism.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I wish I could go back to a year ago and just go all in on GME at $4.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

CoolCly posted...

never feel bad about this. could just has easily been that if you had held that it would have plummeted to $8. I would have sold around there too.

grats on tripling your money!

Yeah, congrats on the tripling! Look at it this way - the move from $9 to $29 gets you a much bigger gain than if you had bought at $29 and sold at $64.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Lopen posted...

I think AMC can stay at $40 forever

Not $65

This feels like the day GME was $400 to me. I feel like it won't stay up here for the week

Do you think GME hits $400 this week or next week?

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

masterplum posted...

Only concern I have is it isnt clear if it will pull a GameStop and just sit there forever

I'm really happy the greedy people buying medium term puts on GME thinking it was sure money got cleaned out.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Zachnorn posted...

I'm gonna count this as a dividend, thanks AMC!
https://tinyurl.com/4bttztp7

Not sure how many shares you need to qualify for this, but assuming the number is small, that's actually a very generous dividend!

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

This AMC surge is nuts. Is the short interest even that high anymore?


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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I saw that ABNB is back at $140. I think I'll be buying it again.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Vote away!

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Yeah, buy low sell high applies to meme stocks just like everything else. If you weren't excited about buying when the stock was low, you probably shouldn't be excited about it after the stock has surged a lot.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Yeah, I'll admit, I always go for a king size bed if I can get one.....

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Magnificent showing from SPCE, GME, and F today. I don't have the leader (AMC), but I did buy some CNK. At some point, hopefully the market will wake up and realize that CNK is trading at a big discount relative to AMC.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Certainly, that's absolutely correct given that your assessment of the value of the stock hasn't changed. But on the other hand, given that it's still way below your target value, why sell all of it? Seems like it should still be a good value and worthy of some investment less than 10%.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I think it's time for me to buy back into CNK to piggyback off another AMC squeeze.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I love GME and how periodically it spikes like this.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Oh yeah there's a huge short interest in SPCE. Looks like the shorts got mostly squeezed out in January/February but have poured back into the stock during the collapse since February.

https://twitter.com/ihors3/status/1395827019200532492/photo/1

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

SPCE isn't up nearly as much as I expected after that launch. It's about where it was after the failed December launch and far below where it was after the failed February launch.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I would have bought more crypto today, except that pretty much all my cash is already invested in stocks or crypto already. More than 90% in stocks.

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September 1, 2003; November 4, 2007; September 2, 2013
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SPCE test flight is a success! Looking forward to lots of green when we open Monday!

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Vote away!

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Oh what? SPCE is doing their next test flight on saturday. Strange how they announce it this time 2 days ahead of time when before they would announce months beforehand.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Zachnorn posted...

Probably! I avoided the stock market and even retirement accounts that invest in stocks (except my pension) because I didn't want to pay commissions and then I didn't want to lose money. Then I couldn't get real estate and I'm like "uh I guess I can play with stocks, I have nothing better I can do with this to help improve my life"

It's okay. Investing is hard and it takes time and resources to learn. Better to learn lessons with smaller amounts of money than larger amounts.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I feel like there's a lot better value in the market now.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Sorry I haven't been keeping up on this. What is GVSI? I'm seeing shoes, craft beer, technology - what are they/what are they going to be?

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Kavanaugh is pretty moderate, but like, the most partisan Supreme Court justice is probably less partisan than Joe Manchin.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

At a glance, the only basis I can think of to challenge it federally is the republican form of government clause. I think you could make an argument that a state that invalidates 20 years of ballot initiatives on a stupid technicality no longer has a republican form of government. Probably not going to work though.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

LordoftheMorons posted...

I'm generally not a huge fan of ballot measures, but this is some serious fuckery from Mississippi's state supreme court:

https://twitter.com/ashtonpittman/status/1393279640375070723

(the initiative in question legalized medical marijuana)

Wow that's really bad coming from a state supreme court. Unfortunately since they are interpreting state law that's probably the final word on this.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Welp here we go. Crypto crashing hard now.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Yikes. This is going to hurt. On top of the stock market falling too.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

I'm pretty sure that the median cost of an apartment in Brooklyn is also nowhere near 100k.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

ChaosTonyV4 posted...

https://twitter.com/edburmila/status/1392099567710179334?s=21

fucking OOF

$100,000 in Brooklyn? Maybe true 40 years ago?

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

It looks like I haven't made any trades in about a month, other than a small ethereum purchase 3 weeks ago. Well that one went really well. The rest of my portfolio, not so much.

I need to get back into this at some point.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Sunroof posted...

Man you love the penny stocks huh.

Im constantly debating best strategies for guaranteed money. Im really starting to think its just holding a few stocks that you really like and selling calls that shouldnt hit for added premium gains. This way you own the stock, enjoy its gains, and get premium. But i
this wouldnt work in a bear market.

There's no such thing as guaranteed money but if you are willing to drop the "guaranteed" part there's lots of opportunity to make money with a lot of strategies.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

LOL Robinhood. After seeing how they screwed people over a few months ago, this shouldn't be surprising that they aren't letting you trade precisely when you most want to.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

No objection to either discussing crypto here or calling it the stocks topic notwithstanding. And some people here invest, other people do short term trades, other people do some of both. So I'm fine with keeping it as the stocks topic. I think of crypto as a kind of stock even though it isn't.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Lots of stuff looks safe after the fact. There's also plenty of stuff that looks pretty safe before the fact, until things go bad.

Anyway, please don't confuse big tech stocks with value stocks. These are growth stocks, not value.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Also, "value" stocks are not the same as blue-chip stocks. GME was a tremendous value stock last year.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

Nanis23 posted...

2 Years
I think this is as long as I can stomach living with my parents...I am already far too old for that

And I dunno, I don't trust crypto and TSLA
And if I don't trust something - I will panic sell in the first dip I see.

Then rent an apartment? You have 200k in assets and a decent income; you can get your own place if you want to.

If you want both safety and strong returns, that's probably not going to happen. If such investments existed people would buy them until the price went up to where the future returns are no longer very strong.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!

StartTheMachine posted...

Hey is there anyone here well versed in law? Not even law really, but moreso courthouse scheduling. I'm curious if judges do paperwork like signing dockets when they don't have any upcoming cases related to said dockets?

Just did more DD on GVSI, looked through all the court dates, and saw nothing on the horizon for the GVSI case. But as I posted earlier, the judge wasn't scheduled for anything today. There was a 4 day period in which there was to contest the case and today marked the ending period. So I'm wondering if he might sign it Monday, outside of any hearings on the case, since he wasn't in today.

As a lawyer, speaking generally, yes, judges can sign orders outside of hearings. It's also common for hearings to be continued to a later date for some reason or another.

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September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!