Economy Stonks v11, the stonkening

[rob mafia]

Holy shit, $MVIS is flying on no news other than other LIDAR companies have sold in the last month. $MVIS Lidar has the best numbers out of all those other LiDAR companies.

congrats, i hedged my shares with short calls, so i'm missing this.

probably because they'll do an offering soon lol

lolz

 

[44nutman]

probably because they'll do an offering soon lol

Offering was a couple months ago. They have the shares but not used them yet. Did it so they have leverage when negotiating a buyout.

 

[brackis1]

Offering was a couple months ago. They have the shares but not used them yet. Did it so they have leverage when negotiating a buyout.

A smalltime stonk would NEVER offer shares twice in a year; unpossible!

Enjoying that VRTX?

 

[rob mafia]

i noticed my options orders aren't being duped today. lolz.

 

[44nutman]

Enjoying that VRTX?

Yeah thanks for that one. I got in at 212.16. They have cystic Fibrosis drugs and generics for that drug on lockdown for a while. I will sit back collect dividends, and then a year before their monopoly on that drug ends, then look to sell if they don't develop another money maker.

$MVIS Just touched $5 for a hot second.

 

[Cuzcatlan]

Bought 4 MNKD calls today for .25.
$5.5 01/15.

BTC my JMIA call: $41 12/18.
Sold for $180 bough back $70. $110 profit.
Then sold another JMIA call for $170:
$55 01/15.
Holding 100 JMIA bought at 31.43
Currently at $39.92.

 

[superpunch]

Seeing as stocks don't pay dividends anymore, what is a stock other than just a piece of paper? It doesn't seem right to me. I know it's supposed to be ownership but it seems like a scam lol.

Also who voted for Bernie? What effect would his policy of companies making 20% more stocks and giving them to democratic employee funds have had?

He also wanted to make a financial transaction tax. What would that have done to the markets and your stocks?

 

[rob mafia]

Seeing as stocks don't pay dividends anymore, what is a stock other than just a piece of paper? It doesn't seem right to me. I know it's supposed to be ownership but it seems like a scam lol.

Also who voted for Bernie? What effect would his policy of companies making 20% more stocks and giving them to democratic employee funds have had?

He also wanted to make a financial transaction tax. What would that have done to the markets and your stocks?

bernie's policies would have obliterated american stocks and been a boon to foreign exchanges.

 

[Gas121]

SPACs going berserk lol. SKLZ ripping 6%. Hoping for some good action next week.

FUBO is mooning again. Its up over 70% this month alone man.

 

[superpunch]

I'm serious imagine if you "owned" a company but you weren't allowed to make money/ income from the company? Do you actually own the company or is that paper just bullshit?

bernie's policies would have obliterated american stocks and been a boon to foreign exchanges.

How?

 

[kahiljabroni]

Closed 2 GLD contracts that make the 3rd one free....gonna let it run...Feb exp.

Everything is printing again today...waiting for other shoe to drop

 

[superpunch]

How do you guys trade? fundamentals, math/ modeling (like black. scholes type stuff and market correlations and the greeks and stuff), price action?

How do you square away active trading with the fact that a broad market portfolio like the S&P 500 that you never touch outperforms even the best fund managers in the world? And anyone who does outperform it only does so with the odds of flipping a coin (like if 500 people flip a coin 10 times, 1 guy will get heads 10 times in a row)? The efficient market hypothesis has been beyond proven time after time, it's not even up for debate.

 

[Cuzcatlan]

Seeing as stocks don't pay dividends anymore, what is a stock other than just a piece of paper? It doesn't seem right to me. I know it's supposed to be ownership but it seems like a scam lol.

Also who voted for Bernie? What effect would his policy of companies making 20% more stocks and giving them to democratic employee funds have had?

He also wanted to make a financial transaction tax. What would that have done to the markets and your stocks?

Would never vote for Bernie. Plus there plenty of Dividend paying stocks.

I don't know the specifics of his tax plan and at what level it was taxable. But if he plan to tax every transaction including small ones like us retail guys. I think that would crash the stock market. Pretty stupid in my opinion. I have no problem taxing gains at sale but every transaction? Kinda crazy.

Might stop day traders from day trading and losing money.

 

[44nutman]

Seeing as stocks don't pay dividends anymore, what is a stock other than just a piece of paper? It doesn't seem right to me. I know it's supposed to be ownership but it seems like a scam lol.

Weird because I have about 12 stocks that pay dividends. I am waiting for $F to bring that dividend back.

 

[superpunch]

Would never vote for Bernie. Plus there plenty of Dividend paying stocks.

I don't know the specifics of his tax plan and at what level it was taxable. But if he plan to tax every transaction including small ones like us retail guys. I think that would crash the stock market. Pretty stupid in my opinion. I have know problem taxing gains at sale but every transaction? Kinda crazy.

Might stop day traders from day trading and losing money.

I think he also wanted to make companies produce 20% new stocks and give them to democratic employee funds. What effect would that have had?

So if company ABC has 100 shares owned by different people, they'd make 25 (20% of 125) new shares so there are 125 stocks, and give them to a democratic employee fund.

 

[brackis1]

HYLN as I said!

 

[rob mafia]

I'm serious imagine if you "owned" a company but you weren't allowed to make money/ income from the company? Do you actually own the company or is that paper just bullshit?

are you seriously this retarded?

How?

...so you ARE seriously this retarded, then.

how would diluting companies by 20% and increasing costs of trading hurt publicly traded american companies? SERIOUSLY? it literally answers itself.

How do you square away active trading with the fact that a broad market portfolio like the S&P 500 that you never touch outperforms even the best fund managers in the world? And anyone who does outperform it only does so with the odds of flipping a coin (like if 500 people flip a coin 10 times, 1 guy will get heads 10 times in a row)? The efficient market hypothesis has been beyond proven time after time, it's not even up for debate.

stop eating glue.

 

[Revolver]

HYLN as I said!

bought some at open and already up nicely.

 

[rob mafia]

HYLN as I said!

i tried to sell puts but it moved quickly past my prices. should have just played it for a quick flip, especially with the witches tomorrow (ie: could have sold calls for tomorrow if i needed a hedge)

 

[Cuzcatlan]

HYLN as I said!

Might break even on my sold put.
$26 12/18 sold for $600 so cost basis will be $20.