Blazin
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Investing General Discussion
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Sanrith Descartes
Veteran of a thousand threadban wars
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My phone just rang. My 14-year old daughter called me just now.
Her: You know how we buy stocks?
Me: Yes
Her: We should buy doggie-coin. People say we can make money on that.
Me: Ok
Her: kk
Bubble confirmed.
Her: You know how we buy stocks?
Me: Yes
Her: We should buy doggie-coin. People say we can make money on that.
Me: Ok
Her: kk
Bubble confirmed.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Blazin
Creative Title
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We aren't completely doomed, my daughter is wrapping up her college macro economics course today with a 100%, though she would probably want to buy doge coin as well just for the name.
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Sanrith Descartes
Veteran of a thousand threadban wars
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The trick is to always be ahead of the curve. Just not too far ahead or you end up like Michael Burry and losing a ton before you end up right.
Sanrith Descartes
Veteran of a thousand threadban wars
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The lady I’ve been seeing for almost two years now, I was at her house last night, and of course she knows nothing about stocks or crypto. She has a shiba inu, so I showed her the logo for dogecoin and told her I was up $700 in it, and she said “SHIBA COIN! But what does doge mean?”
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Sanrith Descartes
Veteran of a thousand threadban wars
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Closed out my KO covered calls for the full penny. Time to rinse and repeat.
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Lambourne
Ahn'Qiraj Raider
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You get forcibly closed out by your broker once the money in your account isn't enough to buy the shares.
You have $100. You short 1 share at $50. If share price doubles, the broker will take your $100 and close out your position. You now have $0.
There's fees etc but that's the basic gist of it.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Whar? Whar is suggestions? Let’s make this fun.
And remember I need hand holding on options. Nothing that would put me in risk of owing money.
If this play gets to $10,000 I’ll give away $1000.
If it gets to $20k I’ll give away $2k, and so on.
Hell, I’ll give away ten percent no matter what it gains, even if it’s $50.
Any Feb 5th suggestions?
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It's a bad thing to be on the wrong side of (a short). Everything I know I know from Margin Call and the Big Short.
In the Big Short the big banks fucked with the players there too. Remember? They said "the system was down" -- but they were actually rejiggering things so they could at least handle the fuckage that was on the other side of the door (which, should not be there in a free market).
Sound about right? This thread is exciting. Excellent read. Would read again.
In the Big Short the big banks fucked with the players there too. Remember? They said "the system was down" -- but they were actually rejiggering things so they could at least handle the fuckage that was on the other side of the door (which, should not be there in a free market).
Sound about right? This thread is exciting. Excellent read. Would read again.
Tarrant
<Prior Amod>
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You should have bought her like $20 and told her it was up to her to tell you when to sell
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I’m moving all my money to Fidelity which is where all my long term investments are anyway. It didn’t restrict anything.
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Khane
Got something right about marriage
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Lumi
Vyemm Raider
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You make it sound like Burry didn't make a shitload. He paid the price for being first and made 800 million, 100 of which was just for himself. He would've made even more and sooner if it weren't for all of the blatant fraud occurring.
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Airisch
Ahn'Qiraj Raider
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100% im gonna set up a split account from our main one. So i don't go crazy and gamble everything.
Threelions
Victory Through Harmony
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What's the consensus on GME ? It'll continue to be stopped in it's tracks after it reaches a certain level?
Gravel
Mr. Poopybutthole
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It eventually went through. But the delays meant I got in at $16.50 instead of like $13 (and had my overnight not been cancelled, probably $8-10). Which means I've been sitting here with dead money waiting for AMC to recover.
Had it not been for the buying cancellation yesterday, I might be green right now.