Economy stock talk v7, meme stocks go up

[brackis1]

i mean... honestly, it's damned if you do and damned if you don't.

he can't issue lockdowns (even state orders appear to be unconstitutional) and there's not a whole lot a president can do in this case. the irony is that he tried to shut down the borders and restrict travel... which was generally opposed/criticized. the WHO is crooked and even NIAID seems shady (fauci/niaid/nih funded and supported the wuhan research and removed a ban on gain-of-function testing, amidst secret reviews)

( https://www.newsweek.com/dr-fauci-b...lars-risky-coronavirus-research-1500741?amp=1 )

but again, i think we're doing it all wrong and think we should just quarantine the high-risk/those known to be contagious/sick... instead of shutting down and extending the outbreak's timeline.

lol dude he told people for weeks and weeks not to worry and then spewed fake treatment shit.

 

[rob mafia]

lol dude he told people for weeks and weeks not to worry and then spewed fake treatment shit.

to be fair, the fake treatment shit was either stuff that the covid fearmongers had already been hyping for 1-2 months (hydroxychloroquine or whatever) or aytu's thingymabob which may or may not be helpful.

and imo, we have little to worry about (about covid, itself). i think everyone's lost their damn minds.

 

[Last Samurai]

I knew that's was going to happen. I bought alot more

Most people won't buy a stock if they know it's about to drop by 10%.

Seems like an odd strategy.

 

[rob mafia]

Most people won't buy a stock if they know it's about to drop by 10%.

Seems like an odd strategy.

depends on the IV.

 

[kenetics]

Most people won't buy a stock if they know it's about to drop by 10%.

Seems like an odd strategy.

Its called staggering your buys.... You buy in increments because you never know the bottom.. "dollar cost averaging"

 

[brackis1]

Hahaha holy shit glad I didn't short Wayfair yesterday. Somehow up 25% premarket on an earnings squeeze despite tripling in value in a month. Gotta love 20 billion dollar websites selling shitty chinese furniture at a loss!

 

[rob mafia]

lolz @ results this morning.

 

[BIKES!]

over under Dow is under 19K by EOM?

 

[brackis1]

over under Dow is under 19K by EOM?

lol the Dow is not going below 20,000 in any universe again barring some totally new disaster.

 

[brackis1]

Cant decide if its a good idea to short Wingstop. They teased good early results from delivery and it caused a huge run in the stock, but damn, a restaurant chain trading at an all time high?
Also tempted to short Planet Fitness but insider buys at higher prices in early march means they're either really confident in their franchise model or a bunch of idiots who bought before they understood how fucked this virus would be for their industry.
Anyone have any personal anecdotes on either.

Kicking myself for not buying into Chegg knowing college kids use it.

 

[BIKES!]

lol the Dow is not going below 20,000 in any universe again barring some totally new disaster.

I'm quoting this to bring it up in 45 days when Dow is at 16K.

There is not a single indicator or compelling story that could convince anyone that the market is not over-valued moreso than any time in history. Once Q2/Q3 earning come out and once unemployment numbers flush out and layoffs continue it will bottom out. We haven't even seen the tip of the iceberg.

 

[brackis1]

lol first time in a long time I saw someone say straight out short a stock with NCLH on CNBC just now

 

[brackis1]

lolol FUCKING DANA IS GONNA BE ON CNBC LATER IN THE HR.
Total conman clownshow scam financial network confirmed.

 

[Stoic1]

I'm quoting this to bring it up in 45 days when Dow is at 16K.

There is not a single indicator or compelling story that could convince anyone that the market is not over-valued moreso than any time in history. Once Q2/Q3 earning come out and once unemployment numbers flush out and layoffs continue it will bottom out. We haven't even seen the tip of the iceberg.

This is my bet as well. I said it a couple of months ago. I don't think anyone agreed.

 

[brackis1]

LOL Cramer just a criminal shill.
Pumping Zoom with a "300 million strong!" claim despite there being a big crash in the stock last week specifically because that turned out to be a fucking LIE lol.

 

[reveler]

LOL Cramer just a criminal shill.
Pumping Zoom with a "300 million strong!" claim despite there being a big crash in the stock last week specifically because that turned out to be a fucking LIE lol.

are there any business leaders that you look up to? just curious.

 

[BIKES!]

This is my bet as well. I said it a couple of months ago. I don't think anyone agreed.

The more I think about it objectively, there is no way that we don't enter a depression. I'm not talking recession, it's a depression.

 

[kahiljabroni]

Cashed on my first option ever today...i can see why options are addicting.

I had Ma at 277.5c....it shot up to 276 at the open and i sold for 40% profit.

Now i have the itch...made a dumbass play on sting. 22c expires the 15. Earnings need to crush to print

 

[rob mafia]

The more I think about it objectively, there is no way that we don't enter a depression. I'm not talking recession, it's a depression.

fucking hell, man. DOOMSDAY! no, it's worse than that - it's DOOMSDAYER! no, wait. WE'RE ALL DEAD

what's unlimited qe? wait, you mean this covid bullshit looks like a temporary state, and not something that's the end of humanity? nope, DERPRESSION!


also, lolz @ spce

 

[brackis1]

My reckless last minute bet finally paid for once: cashing a 15%+ open on Cars,com! and 6% on GM.
Can't believe I just made money off autos lol.