Investing General Discussion

Sanrith Descartes

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Happy Quadwitching Day! 2nd biggest in history. Don’t be fooled by noise .
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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.

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TheBeagle

JunkiesNetwork Donor
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This is a good day to buy shit right?
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".
 

Furry

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I'm looking at a sea of red after today. I should stop looking at it every day maybe, this is rough :(
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.
 
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Sanrith Descartes

Veteran of a thousand threadban wars
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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.
Tides go in. Tides go out.
 

Break

Silver Baronet of the Realm
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Why isn't AMC over $100 yet from the 50 million call orders i've heard about?

ps: i'm a noob
 

Furry

WoW Office
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Why isn't AMC over $100 yet from the 50 million call orders i've heard about?

ps: i'm a noob
Between 30 and 70 AMC the hedgies are completely destroying the plebs. You are funding their yachts while it stays in that range.
 

Wingz

Being Poor Sucks.
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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.
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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Sanrith Descartes

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Are we there yet or what?

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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Fogel

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DIS dipped to 172 near the end of the day. It's coming up on the 200 MA at 164 but hasn't used it as support yet. The 50 MA has been acting as resistance since April and is at 179 currently.
 
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Sanrith Descartes

Veteran of a thousand threadban wars
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DIS dipped to 172 near the end of the day. It's coming up on the 200 MA at 164 but hasn't used it as support yet. The 50 MA has been acting as resistance since April and is at 179 currently.
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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