Investing General Discussion

LachiusTZ

Rogue Deathwalker Box
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People knew about this Trump SPAC last week?

Fuck me where was i
 
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Zog

Blackwing Lair Raider
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1634915597182.png


It's a company trump used for his re-election campaign in 2020.

Just a sympathy play, no logic behind it but thats small caps for ya :p
 

Jysin

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It's been mentioned in this thread quite a few times. Stop losses can get blown right past on a fast move. You posted a chart with a halt down and the resumption skipped right on past. You can put in your SL order for $15, but if the next buyer is clear down at $8.30.. you get hit like this. Can't stop out if no one is buying your price.

Just retail traders getting schooled hard.
 
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Jysin

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I'm taking a starter of UVXY up here. 1/8th position. (Lots of room to add higher)

This was a rocket move up in the markets, definitely due for a pullback, if not a cooling. Being Friday today, I'd expect (hope) some profit taking will be happening.
Need to tendie myself.

Up over 5.5%. Thanks Fed.
 
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Jysin

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Powell out speaking of inflation far over target and talking about rate hikes. Market pukes in response.
 

Big Phoenix

Pronouns: zie/zhem/zer
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View attachment 378388

Absolutely merked people. Stop loss jumped on EVERYONE that fomo'd in.

Suicide numbers are getting posted everywhere.

View attachment 378391

Currently in a halt down and im sure theres people still holding
1634916487812.png


You have to be a special kind of moron to jump on that today.
Powell out speaking of inflation far over target and talking about rate hikes. Market pukes in response.
Of course they are now. THese fuckers sold everything the past few weeks. So they have no problem talking or saying theyre going to do something that will seriously impact the market.
 
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Shonuff

Mr. Poopybutthole
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Trading TSLA is not real fun right now
I ended down about 278 today paper trading TSLA. It's my fault, I jumped in a window that was a little bit too short, shorted it, and then people jumped on it and pushed it from 902 to 911. So one bad trade was in there for -840 on that short.

I was thinking I could get away with it because the stock is worth 300, and not 900. I didn't even get true confirmation to short it, I saw something and I jumped the gun.

No one can really think TSLA is worth 35% of the total car market right now.

Lesson learned. I really don't like to be on stocks where retail is pushing them, it just screws up the analysis and makes it too volatile. Even now, the stock is all over the place. Trying not to get mad at myself, but somehow I got an itchy trigger finger and underestimated how hard they are pushing it. And then the sumbitch comes back down.

TSLA 10-22.JPG
 
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Zog

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Loss porn is my favorite part of stocks. The amount of money lost in less than an hour compares to just about the average yearly income in America.

Dont be like these guys lol
 
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Sanrith Descartes

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Still trading it right now, was doing well until my last trade. Trying to close my short and get done for the week. I'm paper trading TSLA today, opened my last short position at 902.

TSLA now has a market cap of 35% of the total auto industry. Ugh.
I feel dirty since I contribute to it by driving my Model X. But I really love my Model X. Owning my Tesla has made me understand why it has such a rabid fan base. The cars are nice and fun to drive. I won't ever bet against TSLA now knowing what I know.

When you hit a Supercharger station, people get put and discuss their cars, look at them and shit. It really is cult-like. I don't bet against cults.
 

Kiroy

Marine Biologist
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I don't bet against cults.

uhh ya, branch dividians, jonestown, manson family, heavens gate, warren jeff, Rajneeshpuram and all the other cults don't exactly have the best track record when it comes to long term stability
 
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Shonuff

Mr. Poopybutthole
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I feel dirty since I contribute to it by driving my Model X. But I really love my Model X. Owning my Tesla has made me understand why it has such a rabid fan base. The cars are nice and fun to drive. I won't ever bet against TSLA now knowing what I know.

When you hit a Supercharger station, people get put and discuss their cars, look at them and shit. It really is cult-like. I don't bet against cults.
TSLA sells like 1.5% of new vehicles worldwide and represents 35% the market cap of the entire industry. Makes sense.
 

Sanrith Descartes

Von Clippowicz
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I ended down about 278 today paper trading TSLA. It's my fault, I jumped in a window that was a little bit too short, shorted it, and then people jumped on it and pushed it from 902 to 911. So one bad trade was in there for -840 on that short.

I was thinking I could get away with it because the stock is worth 300, and not 900. I didn't even get true confirmation to short it, I saw something and I jumped the gun.

No one can really think TSLA is worth 35% of the total car market right now.

Lesson learned. I really don't like to be on stocks where retail is pushing them, it just screws up the analysis and makes it too volatile. Even now, the stock is all over the place. Trying not to get mad at myself, but somehow I got an itchy trigger finger and underestimated how hard they are pushing it. And then the sumbitch comes back down.

View attachment 378398
I'm not saying this to be a dick, but as one investor to another. If you know it's a cult stock that ignores all common sense (and we all know it is), why trade it and more importantly what trade it off of common sense fundamentals?

Just walk away from TSLA. Your mental health will thank you for it.
 

Rajaah

Honorable Member
<Gold Donor>
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People knew about this Trump SPAC last week?

Fuck me where was i

I feel the same way. I was out of crypto and into USD so I could have gotten in on this 16x gain action. Booooo.

I just like that the news is forced to cover something Trump-related in a positive way. It's pretty LOL.
 

MusicForFish

Ultra Maga Instinct
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Is this guy off his rocker or grifting?

"Real talk:
DAWC, the public company that the Trump organization announced a partnership with yesterday to merge with TMTG (The Trump Media Group) was at around $9 before the announcement and is over $70 a share now.

In case you don't know, the money raised will go towards the enterprise value of the firm when they fully merge.

Why does that matter to you?

The higher the EV of the firm, the more money they can raise.

Additionally, the Board of Directors of any public firm has a fiduciary responsibility to consider and often times accept an offer from an outside investor to purchase their firm at a higher price than their valuation.

Also, if you remember the corporate raiders of the 1980s (see: Gordon Gecko) there is also an opportunity for a firm to purchase majority shares in a target firm to take a majority of board seats.

So what?

If TMTG can raise enough money, they can either purchase or buy the majority of shares / board seats for any fake news outlets that are publicly traded and have lied to us continually for the past 5 years (actually for much longer than that).

Politico was just purchased by a conservative German billionaire.

'Memeber when Trump said that the Fake News would look very different in a few years?

If they raise enough money, they can do that NOW!!!

I'm not giving investment advice here, but I am saying that the more that stock price is driven up, the more Fake News outlets The Trump Media Org (TM
TG) can purchase, IF that's their goal.

Full disclosure: I bought a nice amount of shares to do my part.

I don't have any insider info on this but given the SPAC formation of the TMTG firm (specific structure to buy / aquire other firms), previous comments by President Trump and valuations it is something that jumped out at me." - anon
 
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Kiroy

Marine Biologist
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Is this guy off his rocker or grifting?

"Real talk:
DAWC, the public company that the Trump organization announced a partnership with yesterday to merge with TMTG (The Trump Media Group) was at around $9 before the announcement and is over $70 a share now.

In case you don't know, the money raised will go towards the enterprise value of the firm when they fully merge.

Why does that matter to you?

The higher the EV of the firm, the more money they can raise.

Additionally, the Board of Directors of any public firm has a fiduciary responsibility to consider and often times accept an offer from an outside investor to purchase their firm at a higher price than their valuation.

Also, if you remember the corporate raiders of the 1980s (see: Gordon Gecko) there is also an opportunity for a firm to purchase majority shares in a target firm to take a majority of board seats.

So what?

If TMTG can raise enough money, they can either purchase or buy the majority of shares / board seats for any fake news outlets that are publicly traded and have lied to us continually for the past 5 years (actually for much longer than that).

Politico was just purchased by a conservative German billionaire.

'Memeber when Trump said that the Fake News would look very different in a few years?

If they raise enough money, they can do that NOW!!!

I'm not giving investment advice here, but I am saying that the more that stock price is driven up, the more Fake News outlets The Trump Media Org (TM
TG) can purchase, IF that's their goal.

Full disclosure: I bought a nice amount of shares to do my part.

I don't have any insider info on this but given the SPAC formation of the TMTG firm (specific structure to buy / aquire other firms), previous comments by President Trump and valuations it is something that jumped out at me." - anon

what guy? is this just some random copy/paste you found on 4chan?

this is an adult area and not a jerk section for your retarded bullshit

all that said, ya, you should put all your money into these shares especially when they're above 100 bucks
 
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