Sanrith Descartes
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Investing General Discussion
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Sanrith Descartes
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Yes! Buy NVDA because come Monday it will be 4x as valuable because of the stock split. Today is the date of record for assigned the split.
ps.. This is sarcasm.
Sanrith Descartes
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Sanrith Descartes
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PLTR will be interesting to watch today. Sitting at $25.19 right now with a fuckton of call options in the money at $25 and another fuckton at $25.50 and $26.
I can envision a whole lot of stock manipulation happening at the end of the day if some big boys wrote those calls.
I can envision a whole lot of stock manipulation happening at the end of the day if some big boys wrote those calls.
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TheBeagle
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The last time I loaded up on a red day after a nice couple weeks of running up it was immediately followed by four more even worse red days. I overspent that first day, didn't have much cash left and was way more underwater than I should have been if I would have a lottle patience.
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Sanrith Descartes
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Something that hasn't really been talked about here is expectations. Last year was an outlier that really skewed returns depending on how close to the bottom you bought.
At this point the question to ask yourself is what are your expectations for returns on stuff you are buying now or have held for a year now. Those 50, 70, 100% returns are in the past (meme stocks not withstanding). Things like PE, revenue and EBITDA growth etc are going to be the drivers for forward returns "in general".
At this point the question to ask yourself is what are your expectations for returns on stuff you are buying now or have held for a year now. Those 50, 70, 100% returns are in the past (meme stocks not withstanding). Things like PE, revenue and EBITDA growth etc are going to be the drivers for forward returns "in general".
Furry
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Sea of red makes me think of minus 0.5% Dunno what it actually is, I'll look at the end of the day. Thing I like to remind myself of is that I'm inside 2022-3 goals. A sharp pullback is very much on the menu.I'm looking at a sea of red after today. I should stop looking at it every day maybe, this is rough
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Sanrith Descartes
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Furry
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Between 30 and 70 AMC the hedgies are completely destroying the plebs. You are funding their yachts while it stays in that range.
Wingz
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Yea I'm in this for making cash. Bought a few hundred shares at 51 and did covered calls at 60 for today. Remains to be seen if it finishes there but I'm riding the waves.
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Sanrith Descartes
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Looks like the PLTR dump is starting. Cant have all those pesky call options expire in the money...
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Big Phoenix
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Sanrith Descartes
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COIN has been annoying the piss out of me. I had a $205 limit order to buy more when it tanked and it bottomed at $208 so I missed. Since then it just sits above where I want to add and below where I want to sell it for a decent profit. My cost basis is $250 currently. This sitting in the 220s and 230s is ass.
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Sanrith Descartes
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I am a big DIS fan. Reopening of parks/hotels only helps them, DIS+ is growing and their dividend is still suspended. It's got a solid 20% gain over the next 12 months at $170 in my opinion.
If I wasn't already overweight I would be adding.
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Sanrith Descartes
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