Economy stock talk v7, meme stocks go up

[44nutman]

lolz.

oil keeps dragging me back in. bought some more uso at prices that just seemed too good to pass up.

me too. I cant quit you, Oil.

Bought some TOPS on 04/15 for .2284 a 1000 shares, as you know I like to fuck with those penny stocks.
I am holding even though up, because they have oil tankers. I think they will be a good choice to store some of that cheap oil.

 

[brackis1]

INO with the Cramer robinhood pump. Congrats Nutman is you still hold, though still down from intraday when I said sell lol.

 

[Gas121]

Oil in the dumps and negative. There going to be hurting alot longer yet as no one is going to the pumps, no airline or vehicle movement. This is going to get even more ugly.

Virgin into administration.

Holy fuck the bloodbath has only just started.

Stay safe and invest wisely. This market is absolutely crazy. You will either win big or lose big. Do your homework.

 

[44nutman]

INO with the Cramer robinhood pump. Congrats Nutman is you still hold, though still down from intraday when I said sell lol.

INO is already jumping this morning. #CramerBless.

 

[brackis1]

INO is already jumping this morning. #CramerBless.

Nah.
It's jumping this morning with all the vaccine stocks and now coming back down with all of them too.

 

[44nutman]

Nah.
It's jumping this morning with all the vaccine stocks and now coming back down with all of them too.

Yeah dumped it on the way down. Made money though and at the end of the day, that is a good thing.

 

[brackis1]

Yeah dumped it on the way down. Made money though and at the end of the day, that is a good thing.

I shorted a little MRNA today. Closed too soon tho. That shit just fucking dumped off like 20% in 20 min.
Hopefully the chumps here listened to me lol.

 

[brackis1]

Pretty much everything Cramer has pumped this week got slaughtered today. MRNA, shop, TSLA, AMD, Zoom etc.,..


And of course I was short none of it lol.

but hey, fuck all those idiots regardless.

 

[Last Samurai]

Pretty much everything Cramer has pumped this week got slaughtered today. MRNA< shop, TSLA etc.,..

After the Bear Stearns fiasco, I'm surprised that anyone listens to him.

 

[G-19]

Pretty much everything Cramer has pumped this week got slaughtered today. MRNA, shop, TSLA, AMD, Zoom etc.,..


And of course I was short none of it lol.

but hey, fuck all those idiots regardless.

I’m surprised you didn’t short TSLA, everyone knew that ride had to end.

 

[G-19]

Yeah dumped it on the way down. Made money though and at the end of the day, that is a good thing.

Did you buy back in when they hit $8.74? I sold a little earlier than you but bought back in when they plummeted today. Hoping to get a free $1k by tomorrow. This is just my side hustle though and I respect the fuck out of the grinders in this thread who do this full time.

 

[brackis1]

I’m surprised you didn’t short TSLA, everyone knew that ride had to end.

I had a small short, but I pussied out on a huge one I held after hours yesterday. I actually dodged a 1% AH spike which saved me money.

I am truly terrified of Musk's ability to collude with world leaders and other business schemers to prop him up.
I thought it would last a smidge longer.
Either way I think their earnings report is late enough in the month that he will receive his huge market cap option bonus for keeping it this high for 6 months straight.
Huge fucking con to run away with 2-3 billion after making a few 10 mil stock buys.

 

[G-19]

I had a small short, but I pussied out on a huge one I held after hours yesterday. I actually dodged a 1% AH spike which saved me money.

I am truly terrified of Musk's ability to collude with world leaders and other business schemers to prop him up.
I thought it would last a smidge longer.
Either way I think their earnings report is late enough in the month that he will receive his huge market cap option bonus for keeping it this high for 6 months straight.
Huge fucking con to run away with 2-3 billion after making a few 10 mil stock buys.

Yea, I’d have absolutely no confidence in being able to time when the market would finally sniff the shit he was selling. Dude has that Steve Jobs aura when it comes to shareholders falling in love with him. I love the concept of Tesla and SpaceX but holy fuck does Musk piss me off to the point I didn’t even buy in when TSLA was below $460 not too long ago.

 

[brackis1]

Yea, I’d have absolutely no confidence in being able to time when the market would finally sniff the shit he was selling. Dude has that Steve Jobs aura when it comes to shareholders falling in love with him. I love the concept of Tesla and SpaceX but holy fuck does Musk piss me off to the point I didn’t even buy in when TSLA was below $460 not too long ago.

Yeah the tech is cool. I'm just looking around like, "holy fuck do all y'all not realize we're just shoveling money at basically ONE DUDE WHO HAS QUESTIONABLE LEVELS OF EXPERTISE to shape huge private corporations with public funds?!"

 

[rob mafia]

Oil in the dumps and negative. There going to be hurting alot longer yet as no one is going to the pumps, no airline or vehicle movement. This is going to get even more ugly.

Virgin into administration.

Holy fuck the bloodbath has only just started.

Stay safe and invest wisely. This market is absolutely crazy. You will either win big or lose big. Do your homework.

...dude, it's a futures contract that expires in a half hour. people REALLLLLY have no idea what any of this is/means/etc. the uso action, alone, is hilarious. i sold it all yesterday (after cnbc fear piece [which was refuted by their own website, btw] ) because i figured it would be cheaper today. which it is.

if this shit happens again in 2-3 weeks, instead of a month... then there might be trouble. as of now, it's just a funny oversight/anomaly.

i was just happy with the dip, i finally got back in with amd. picked up some at 51.xx and waited til then to sell some puts.

oh, and i added uso to the .50 put gravy train.

 

[rob mafia]

lolz @ uso

i kind of wanted to buy more at/under $2.50, but i sold so many puts that it felt too risky. i'm actually only holding 300 shares and a few 2022 leaps.

(sold puts at $3, 2.5, $1, and a fuckton at .50)

 

[kahiljabroni]

Sold just about everything early this morning....i got out very early in first crash...bought alot at the bottom in March...and just booked a nice profit.

I know ill regret it in the short term but i gotta go with my gut. It's one thing to know that earnings will be shit, it's another to see it happen. Big correction this week and next

 

[rob mafia]

Sold just about everything early this morning....i got out very early in first crash...bought alot at the bottom in March...and just booked a nice profit.

I know ill regret it in the short term but i gotta go with my gut. It's one thing to know that earnings will be shit, it's another to see it happen. Big correction this week and next

i mean, some earnings will be shit and some will be fine/stellar (tsm killed it, netflix has solid expectations, amd reaffirmed their guidance last month)... but i think a good deal of meh/shit earnings is expected. q1/q2 is already expected to be bad for most companies. there might still be a big correction, but possibly for another reason (fed)

 

[kahiljabroni]

i mean, some earnings will be shit and some will be fine/stellar (tsm killed it, netflix has solid expectations, amd reaffirmed their guidance last month)... but i think a good deal of meh/shit earnings is expected. q1/q2 is already expected to be bad for most companies. there might still be a big correction, but possibly for another reason (fed)

Netflix is one of the few positions i have left. I actually think the 2nd quarter will be more impactful overall. Im still going to buy/sell some as the market swings i just don't want to be long in any positions until the market makes sense to me

 

[Gas121]

Sold just about everything early this morning....i got out very early in first crash...bought alot at the bottom in March...and just booked a nice profit.

I know ill regret it in the short term but i gotta go with my gut. It's one thing to know that earnings will be shit, it's another to see it happen. Big correction this week and next

I think the market will start to tank again in the next few weeks, I predict big sell offs.

This is a market where you've got to invest wisely and pick good companies in times of uncertainty. I'm in for the long term here. Just chipping away at businesses I see profitable in the future and holding their load in this mad market.