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Economy Stock market chat v3: Tesla crashes

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JonesBones said:
New Xbox will be using AMD

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God damnit I should have held gaaaaah! Fuckin Trump and his tariff fear bullshit. Honestly the move would have been to buy AMD and short INTC or NVDA as a hedge, but I was afraid it had run up too much in current climate.
 
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I used to be an Xbox player and switched to PS4 about 6 years ago. 5 years? Whatever. Guess I need to buy an Xbox now.
 
Well my sleep schedule is off kilter, but congrats Bonsey for joining me in the premarket hype-stock pop; your BYND is currently trading at 144-145 and my RVLV back above 36!

edit: 147 and 39 respectively now woot
 
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Revolver said:
It’s at 175 now. Crazy
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I sat there and said the same thing over Tilray for weeks. This is crazy. Same thing with Huya and IQ when they rocketed. Then I realized I was the crazy one for not buying. Sometimes just going with the flow works.
 
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Realistically, where do you guys see BYND going from here?

I bought some, sold for profit around 160.

I'm kicking myself right now. Fuck, it was 99.50 when I was deciding whether or not to put in like 15k. I would have doubled my money almost right now.
 
Sketch said:
Realistically, where do you guys see BYND going from here?

I bought some, sold for profit around 160.

I'm kicking myself right now. Fuck, it was 99.50 when I was deciding whether or not to put in like 15k. I would have doubled my money almost right now.
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It's obviously gonna come down hard but nobody knows when or what the peak is. It's funny because when it was at $150 this morning some short said it won't reverse till 180. I agreed that was possible but sold in 150s anyway. Looks like he was right. I mean, Tilray went up to $300. Beyond could go to 500 or 50. Nobody knows. Don't worry about missed opportunities.
 
JonesBones said:
It's obviously gonna come down hard but nobody knows when or what the peak is. It's funny because when it was at $150 this morning some short said it won't reverse till 180. I agreed that was possible but sold in 150s anyway. Looks like he was right. I mean, Tilray went up to $300. Beyond could go to 500 or 50. Nobody knows. Don't worry about missed opportunities.
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I know. I'm new to this, so my fuckin anxiety is through the roof on missed shit. I get that you guys have been through this time and time again. This is just another blip in millions of missed or made opportunities. BYND is supposedly partnering with McDonalds soon I've read and their CEO has mentioned they can supply multiple fast food giants. I think this stock might really shoot up more and more and that's what has me nervous. I know stocks can be all over the place, but in the current market, this stock seems to be tackling like half the world. It's a sustainable meat alternative that is actually tasty (People say) and fits into a major part of the market that's missing, there is no competition.
 
Sketch said:
I know. I'm new to this, so my fuckin anxiety is through the roof on missed shit. I get that you guys have been through this time and time again. This is just another blip in millions of missed or made opportunities. BYND is supposedly partnering with McDonalds soon I've read and their CEO has mentioned they can supply multiple fast food giants. I think this stock might really shoot up more and more and that's what has me nervous. I know stocks can be all over the place, but in the current market, this stock seems to be tackling like half the world. It's a sustainable meat alternative that is actually tasty (People say) and fits into a major part of the market that's missing, there is no competition.
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You need to stop panicking first of all. This is why Peter Lynch and Buffett are good, both are calming voices. Buffett says everything will be ok in the long run. What will happen to Beyond Meat in the future nobody knows, the Impossible Burger is already being sold at Burger King plus Nestle, Tyson and others are working on their own. Ben Graham said at first the market is a voting machine, then it is a weighing machine. We are in a voting phase now, nobody knows how much this thing actually weighs.
 
One of the best analogies I heard for market bubbles is family feud. Trying to guess what survey is gonna say, that is what you are doing here. These are questions that actually have real answers but not in this context they are framed. For example, "Name something you always keep in the refrigerator" or something like that. This question can be converted to, "What is the most common item in American fridges?" That question actually has an answer but that wasn't the question asked. The question asked is, "What did random people surveyed think the answer was?" So you have to consider the human element. This also ties into Soros and how he says that interaction with the market changes the market.

Kevin O Leary recently said about Boeing I think, "I know the personality of the stock." lol. That is true. Stocks have personalities. The personality of a stock is a sum of all the personal personalities trading it.
 
You know what stock hasn't participated in this rally at all today? Starbucks. Where is that jackass who was laughing at my puts? They are up 10% already. Edit: make that 5%

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shit.. i wished i bought bynd earlier.. got in at 120
 
this market is so weird. 9:30-10 was a frenzy, as expected. but i'm surprised the bull run withered so quickly today. figured it would be strong for most of the mexican-tariff impacted stocks all day.

i feel like i had to have missed something. *shrugs*
 
AznTrojan said:
shit.. i wished i bought bynd earlier.. got in at 120
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Easy there pal, getting in at 120 is a good return. These opportunities don't come along often. This is an outlier like Tilray.
 
rob mafia said:
this market is so weird. 9:30-10 was a frenzy, as expected. but i'm surprised the bull run withered so quickly today. figured it would be strong for most of the mexican-tariff impacted stocks all day.

i feel like i had to have missed something. *shrugs*
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You are always missing something and the market will always be weird.
 
JonesBones said:
Easy there pal, getting in at 120 is a good return. These opportunities don't come along often. This is an outlier like Tilray.
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i was gonna buy after their ipo.. got busy with work and forgot all about it until they had quarterly returns..
 
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