Investing General Discussion

Jackie Treehorn

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Dude probably has like 100 shares. And is like..

ren and stimpy nicksplat GIF

190. And he was gonna change the world with his money.

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Sanrith Descartes

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Yeeeeep. I made $40k off AMC by pure luck of being in the right place at the right time that one evening. I bought in at $5.75 minutes before it ran up several dollars AH and then up to $15 the next couple of days.

It was just luck and no skill. I just saw a little bit of talk about AMC way before the major hype started.

Cracks me up when I see a trending stock that’s up 100+ percent and people are like “I just bought in, let’s go!”
FOMO is the debil. Its why I make 99% of my trade decisions on technicals. That other 1% is me having a gut reaction to breaking news and more often than not it ends up being a bad trade. I feel bad for people who jump on the FOMO train but as Eli Wallach says in the "Magnificent Seven"... "If God did not want them shorn, then why did he make them sheep?"
 
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taebin

Same trailer, different park
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450
Fucking PLTR. Selling covered calls to lower my cost basis, but this damn thing keeps dropping. At least it's making the buy to close really short when you can walk away with 70% of the premium in 2 days.
 
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Sanrith Descartes

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Fucking PLTR. Selling covered calls to lower my cost basis, but this damn thing keeps dropping. At least it's making the buy to close really short when you can walk away with 70% of the premium in 2 days.
That is the secret, just keep churning the calls for profits. Just keep an eye on your cost basis when you choose strikes.
 

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
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I dont want to alarm anyone but Booty Camp 2 apparently didnt deliver BOTY the booty bump that it begged for

1616597577871.png



despite what looked like a phenomenal card

1616597773532.png
 

Sanrith Descartes

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LMT has a week above the 100-DMA now and is pushing up towards the 200-DMA. $365 and $376 are the last of the resistance levels on top.

1616597816838.png
 

Jackie Treehorn

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I dont want to alarm anyone but Booty Camp 2 apparently didnt deliver BOTY the booty bump that it begged for

View attachment 344026


despite what looked like a phenomenal card

View attachment 344028

Wow, I can’t believe it didn’t pop with news of Jolene Hexx fighting again after her cancer battle and the untimely propane fire death of her mom and dad, Bill Hexx and Janet Hexx.
 
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Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Wow, I can’t believe it didn’t pop with news of Jolene Hexx fighting again after her cancer battle and the untimely propane fire death of her mom and dad, Bill Hexx and Janet Hexx.

a missed opportunity to have Hexx fight against Hexxx for the title of the Hexxiest babe in BOTY
 
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Haus

I am Big Balls!
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Watching the guy from PLTR talk I don't have to say I don't agree with him. Which , of course, makes me crazy old Haus yelling at clouds.

I think the reason that large tech companies aren't completely complying/supporting the government, but rather only supporting it when it benefits them, is that they realize that on the "Global Megacorporation" scale no single government can very effectively govern them. It would take a "world government" and thankfully there isn't a functional one of those yet. As such corporations and government are effectively partners who have to negotiate with one another. We're seeing the beginning of corporations lessening their reliance on the US government right now as we see corporations starting to decide they would rather store the value on their books in non-US stores of value, in this case Bitcoin. But that's more politics than finance....

My question of the morning is if folks around here really buy into the concept that Uranium is going to be the next big commodity? Seeing signs of companies ramping up production in the US, and demand ramping up as there are apparently now plans for new nuclear plants being built. I'm staring at the URNM ETF right now with a slightly itchy trigger finger..... It's taken a beating in last week or so, but I still think there's a long term play there, so I'm debating an entry point.
 

Sanrith Descartes

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PLTR bounced again right around the $22.50 level. This is below its current DMA levels but it has resistance here as well as it being just above the heavily played $22 option strike. A close below $22 would be "an issue" to be concerned with.

1616598320224.png


1616598374974.png
 

Pogi.G

Silver Baronet of the Realm
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Most of my watch list is green. Most barely green. I only have holdings in GNUS, CTXR, SPRT, and GME at the moment. No stock holdings in SPRT and GME. I have puts on those two.

1616598520235.png
 

Sanrith Descartes

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Watching the guy from PLTR talk I don't have to say I don't agree with him. Which , of course, makes me crazy old Haus yelling at clouds.

I think the reason that large tech companies aren't completely complying/supporting the government, but rather only supporting it when it benefits them, is that they realize that on the "Global Megacorporation" scale no single government can very effectively govern them. It would take a "world government" and thankfully there isn't a functional one of those yet. As such corporations and government are effectively partners who have to negotiate with one another. We're seeing the beginning of corporations lessening their reliance on the US government right now as we see corporations starting to decide they would rather store the value on their books in non-US stores of value, in this case Bitcoin. But that's more politics than finance....

My question of the morning is if folks around here really buy into the concept that Uranium is going to be the next big commodity? Seeing signs of companies ramping up production in the US, and demand ramping up as there are apparently now plans for new nuclear plants being built. I'm staring at the URNM ETF right now with a slightly itchy trigger finger..... It's taken a beating in last week or so, but I still think there's a long term play there, so I'm debating an entry point.
That horse has already left the barn in my eyes. Would have been a play a couple of months ago.

1616598534824.png
 

Ravishing

Uninspiring Title
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Im mostly green except for EYES which had a private offering at $6 a share, cut the rug out from under me the day after I reinvested in the stock.
I still think it has legs to move back up but could have been a really great day today.
 
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Jysin

Ahn'Qiraj Raider
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Cruise Lines spiking on circulation of resumption news (CLIA - Cruise Lines International Association)
 

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
<Gold Donor>
84,435
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Watching the guy from PLTR talk I don't have to say I don't agree with him. Which , of course, makes me crazy old Haus yelling at clouds.

I think the reason that large tech companies aren't completely complying/supporting the government, but rather only supporting it when it benefits them, is that they realize that on the "Global Megacorporation" scale no single government can very effectively govern them. It would take a "world government" and thankfully there isn't a functional one of those yet. As such corporations and government are effectively partners who have to negotiate with one another. We're seeing the beginning of corporations lessening their reliance on the US government right now as we see corporations starting to decide they would rather store the value on their books in non-US stores of value, in this case Bitcoin. But that's more politics than finance....

My question of the morning is if folks around here really buy into the concept that Uranium is going to be the next big commodity? Seeing signs of companies ramping up production in the US, and demand ramping up as there are apparently now plans for new nuclear plants being built. I'm staring at the URNM ETF right now with a slightly itchy trigger finger..... It's taken a beating in last week or so, but I still think there's a long term play there, so I'm debating an entry point.

The last nuclear power plant built in US was in late 20th century.

And with current administration and environmental hysteria -- why would anyone think there will be new ones built any time soon?
 
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