Economy stock talk v7, meme stocks go up

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On a side note has anyone used ibd swing trader? I started a free trial and i gotta say it sucks so far. Any money I've been making has been my own picks. They pick stocks way after they've made their significant gains...then you end up owning them the next day when they come back to Earth. Very small sample but not impressed.
 
kenetics said:
I used to sell for profit but learned that it can be draining to keep an eye on the market 24/7 .

Now I just keep adding to the stocks I have for the dividends. Just going to keep adding until retirement.
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that can be a good lazy strategy... but this might be a terrible time to try to be in dividend stocks. at least, for the dividends.

(i loved playing with them last year, but it was mostly due to the predictable spike leading into the ex:eff date... i generally tried to avoid getting the actual dividends)

kahiljabroni said:
On a side note has anyone used ibd swing trader? I started a free trial and i gotta say it sucks so far. Any money I've been making has been my own picks. They pick stocks way after they've made their significant gains...then you end up owning them the next day when they come back to Earth. Very small sample but not impressed.
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i've never even heard of it
 
rob mafia said:
that can be a good lazy strategy... but this might be a terrible time to try to be in dividend stocks. at least, for the dividends.

(i loved playing with them last year, but it was mostly due to the predictable spike leading into the ex:eff date... i generally tried to avoid getting the actual dividends)



i've never even heard of it
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True. I know I could make morning going for profits in the long run but I have other investments and don't want to focus on trying to time the market.

On a side note, the biggest gains are in the crypto market. Bitcoin has made me the biggest gains surprisedly lol.
 
NBL has been a big winner for me.
Bought in March at 4.56, bought again in April for 6.10 and its up to 10.19 today. I originally owned it at 15.36, keep buying until I got my price per share down to 7.35/share when it went down.
 
Well there goes Tesla with yet another cooked-book quarter and CNBC knee pad fellative session. eeeks out a profit on selling regulatory credits, pulls guidance, isn't delivering their supposed trucks, and up 8%
I shorted a bit and luckily closed it only out 2%.
Prolly short once this run ends, as Musk will have now secured his fraudulent pay package for keeping the price up for 6 months straight.
 
my tard move of the day:

i sold a (had bought one last week) msft 5/15 185C for like $240 (it was a small profit) because i figured msft would beat and the stock would drop anyway (which was seemingly the normal until this afternoon), resulting in iv crush tomorrow morning. derrrrrrrrrrrrp
 
lol fuck me. Bought some after hours RIG. Every other oil thing suddenly explodes and mine goes down 1%
 
rob mafia said:
my tard move of the day:

i sold a (had bought one last week) msft 5/15 185C for like $240 (it was a small profit) because i figured msft would beat and the stock would drop anyway (which was seemingly the normal until this afternoon), resulting in iv crush tomorrow morning. derrrrrrrrrrrrp
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yeah I had some shares short expecting a dip. The dip came, but only after a spike. Only lost 1%.
 
CNBC goes straight from sucking off Tesla into an interview with fucking DJ Khaled how he is fighting coronavirus by auctioning a chance to hang with him in Miami.
I went on twitter to see who was talking about Tesla. It's a bunch of people who sound like they're college kids bragging about how genius they are lol. What an idiocracy.
 
brackis1 said:
CNBC goes straight from sucking off Tesla into an interview with fucking DJ Khaled how he is fighting coronavirus by auctioning a chance to hang with him in Miami.
I went on twitter to see who was talking about Tesla. It's a bunch of people who sound like they're college kids bragging about how genius they are lol. What an idiocracy.
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Did someone in a telsa run over your dog or something?
 
shockaholic12 said:
Did someone in a telsa run over your dog or something?
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No, but they "reported another profitable quarter" by loading 400 million in tax credits they got from Chrysler while having free cash flow of almost negative 1 billion dollars for the quarter lol.

Tesla are nifty cars.
Just like GoPros are cool cameras.
Nick Woodman once got personally paid 285 million dollars in a single year alone (yes you read that right), gopro was worth like 10 bil, and he was the next genius, sharktank host etc.... ("only guys like Steve Jobs get that type of pay, next visionary, yada yada yada.
The ENTIRE company is worth only like 250 mil now despite being still a really popular action camera.

Point being that people investing in this stuff basically just get herded around and told "this guy is really smart, give him money"
 
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My biggest gold stock RNKLF finally fucking moved a little lol. Still like the potential at these gold prices.
 
asdffdsa said:
My biggest gold stock RNKLF finally fucking moved a little lol. Still like the potential at these gold prices.
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Yeah I've run up a few gold miners.
I think there's a short term pullback during this euphoria tbh before it takes off again.
GOLD, EGO, NG, KL all near absurd highs.
Can't decide if NGD is a diamond in the rough or an embarrassing midcap underperformer.
 
brackis1 said:
Yeah I've run up a few gold miners.
I think there's a short term pullback during this euphoria tbh before it takes off again.
GOLD, EGO, NG, KL all near absurd highs.
Can't decide if NGD is a diamond in the rough or an embarrassing midcap underperformer.
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I agree wouldnt be surprised with a pullback. With the fed printing as much money as it is might not be too drastic.

Only producer Im still holding is the one I mentioned. Looking at exploration companies now. I have Klondike Gold and Brixton Metals.
 
brackis1 said:
No, but they "reported another profitable quarter" by loading 400 million in tax credits they got from Chrysler while having free cash flow of almost negative 1 billion dollars for the quarter lol.

Tesla are nifty cars.
Just like GoPros are cool cameras.
Nick Woodman once got paid 200 million dollars in a year, gopro was worth like 10 bil, and he was the next genius, sharktank host etc....
his entire company is worth like 250 mil now.

Point being that people investing in this stuff basically just get herded around and told "this guy is really smart, give him money"
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The stock has been going up because there are a ton of positive things reported. You sound like you have a personal stake in whether the company does good/bad and it is clouding your judgement. If you took a step back and actually looked at the results, this was the first positive GAAP earnings in Q1 ever, their yoy revenue for Q1 increased 32%, gross margin improved to 25.5% which is huge, and they did all this in Q1 which is a very slow quarter for autos, oh and just happened to have a pandemic going on world wide as well disrupting production/deliveries/sales. I haven't even touched on the actual products, they are innovating like no other company. They are ahead in every facet technologically speaking and have a far superior business model to legacy automakers.
 
Pride23 said:
The stock has been going up because there are a ton of positive things reported. You sound like you have a personal stake in whether the company does good/bad and it is clouding your judgement. If you took a step back and actually looked at the results, this was the first positive GAAP earnings in Q1 ever, their yoy revenue for Q1 increased 32%, gross margin improved to 25.5% which is huge, and they did all this in Q1 which is a very slow quarter for autos, oh and just happened to have a pandemic going on world wide as well disrupting production/deliveries/sales. I haven't even touched on the actual products, they are innovating like no other company. They are ahead in every facet technologically speaking and have a far superior business model to legacy automakers.
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Did you bother "stepping back" and reading my first sentence about the tax credits and the free cash flow? lol
You sound like YOU have a financial stake in it going up and up alone "positive things reported" is absurd and nebulous. Every company says nice things about themselves. None of them get the valuation or attention like this pump scheme does. I have both bought shares and shorted shares based purely on directional analysis, hating Musk the whole time at an individual level. Want to see the 100 share bet I made last quarter for 24 hrs when the stock spiked 10% in one evening off pure retard momentum. That's very real cash that went into my bank account thanks to idiots believing Musk's valuation fairytale and ignoring a littany of garbage that if a sane world would have canned this turdbag years ago; he is meaningless to the engineering but great for stock pumping like he and the other majority shareholders care most about.
The depth of your financials is shallow too.
They're installing LESS solar.
Musk has borrowed against 54 PERCENT OF HIS SHARES FOR MARGIN LOANS THAT HE IS THEN USING TO BUY SMALL BITS OF STOCK ON MARGIN AT HIGHER VALUATIONS TO ARTIFICIALLY BOOST HIS NET WORTH. AND THEN HAS TO PAY FOR SECURITIES INSURANCE BECAUSE OTHER INSURERS DON'T WANT TO CARRY THE RISK.

Once again: a company can generate more revenue and improve their margins while expanding and blowing thru tons of cash and it still has absolutely ZERO to do with the current stock valuation, the lies Musk makes up about production progress, and my gripes about how they do business.
As I've said before: perfectly nifty car that a conman has warped into some technological cure-all stock pump relying on greater-fool-theory of selling higher.
All the "technological breakthrus" are vaporware promises thus far. They don't make their own batteries and self driving cars are nowhere near appropriate for public roads with beta level pseudo software.
They claimed they'd have electric Semis on the road by 2019 in 2017....today they announced they won't have any until 2021 and event that is a total pipedream lacking more than a single prototype. They don't even have manufacturing lines for commercial size autos ffs and their "new" model relies on reusing existing designs on the same equipment lines as far as I understand it.

All things that other companies do that are worth a few billion each, not hundreds of billions.
 
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Cramer interviewing DOW CEO and sucking him off so hard saying he will send his stock to the moon. 3 days ago on his show he was saying he thought it was too high lol.


then gets prompted to ask about whether Musk's rantings and he says he loves that he has "separate views"
 
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