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Economy Stonks v11, the stonkening

lol ur shartbox was down bigly at 17.7 after hrs so I flipped some back to 18. Fucking dumb shit
 
$NKLA getting shafted is the best Christmas gift I could ask for

Now if $DASH gets the crimson dildo I'll be blowing my wad
 
Wadtucket said:
$NKLA getting shafted is the best Christmas gift I could ask for

Now if $DASH gets the crimson dildo I'll be blowing my wad
Click to expand...
Do you follow Citron because Andrew Left would be rock hard after reading your post.
 
i had low expectations for today and was still disappointed.

should have went to micro center.
 
It's been a glorious week for me.

May have to pop the champagne. 95% gains on LCA we ain't even top heavy yet.

Bought some HOME stock for a Jan play. Target $22-23.

Merry Christmas folks.
 
Hey guys. I was looking at retail store stocks and all of them seemed to be trading about 20-40 times P/E ratio. Then I looked at Big Lot's and they are trading below 3 times P/E ratio, have had good margins in the past and their margins jumped in 2019 and 2020. I see it as a good long term play, someone correct me if I'm wrong in my assessment.
 
KeepingItReal said:
Hey guys. I was looking at retail store stocks and all of them seemed to be trading about 20-40 times P/E ratio. Then I looked at Big Lot's and they are trading below 3 times P/E ratio, have had good margins in the past and their margins jumped in 2019 and 2020. I see it as a good long term play, someone correct me if I'm wrong in my assessment.
Click to expand...
Not a bad play relative to others; seems like it has been testing the patients of people for 5-6 months after having a nice post-covid renaissance. I remember actually watching it go down earlier in the year off shit spring earnings below 20 before Covid took full effect which was funny.
24% short interest on the stock could be a blessing or curse too.

I see it as a fairly decent coinflip play if you want some retail in your portfolio; I see it trading in a +- 25% band imo. Not unlike Ollis in both chart and business, tho biglots has more online if I'm not mistaken.
 
I keep thinking I get to stonk tomorrow =[
Instead I get to watch random gambling braggarts sell digital cutco aka talk about BTC on social media.
Not touching that shit with a ten foot pole with tax/regulatory risks.
 
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brackis1 said:
Oh great they're interviewing that nonsense MSTR bitcoin peddler with the fake IT company on CNBC because he had a twitter exchange with Elon Musk.
The religion aspect is so hilarious. This is like worshipping someone as a prophet that supposedly talked to Jesus.

Made money off it, but lol
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Michael Saylor sounds like Deepak Chopra when he talks about bitcoin. A lot of woo woo. Elon Musk I believe was trolling crypto in general when he tweeted about Dogecoin, which is a literal joke with a 500 million market cap.

The crypto space bothers me a lot. Take a look at XRP. A known Ponzi scheme is still up 50% this year. I've also been reading about how tethers may or may not be 100% back by dollars. If they are not, it would be pretty easy to pump BTC to whatever level you want.

Another funny thing about all of this to me is that bitcoin is basically a flow of billions of dollars to China to burn fossil fuels. I think in the long run these bitcoin woo woo experts want to become the banks. The people with the most BTC will be the most incentivized to maintain the security. They will have the compute power and earn transaction fees, which will be enormous when there are no more bitcoins to be mined. As it stands bitcoin burns about 2% of it's market cap in energy. People will want profit on top of that. It will be worse if people actually use the damn thing to buy stuff.

I think it is going to 50 or 100k before it pops this time.
 
vlnigii74m761.jpg


Ryan Cohen bless
 
asdffdsa said:
Michael Saylor sounds like Deepak Chopra when he talks about bitcoin. A lot of woo woo. Elon Musk I believe was trolling crypto in general when he tweeted about Dogecoin, which is a literal joke with a 500 million market cap.

The crypto space bothers me a lot. Take a look at XRP. A known Ponzi scheme is still up 50% this year. I've also been reading about how tethers may or may not be 100% back by dollars. If they are not, it would be pretty easy to pump BTC to whatever level you want.

Another funny thing about all of this to me is that bitcoin is basically a flow of billions of dollars to China to burn fossil fuels. I think in the long run these bitcoin woo woo experts want to become the banks. The people with the most BTC will be the most incentivized to maintain the security. They will have the compute power and earn transaction fees, which will be enormous when there are no more bitcoins to be mined. As it stands bitcoin burns about 2% of it's market cap in energy. People will want profit on top of that. It will be worse if people actually use the damn thing to buy stuff.

I think it is going to 50 or 100k before it pops this time.
Click to expand...
47K max to me imo

The amount of promotional shit on my social media today is nauseating. All from 30-something bros who spend their day on draftkings and playing COD lol
 
Wadtucket said:
vlnigii74m761.jpg


Ryan Cohen bless
Click to expand...

If Cohen takes over; GME is going to go off the charts, literally. I think he is the man to take the business forward, turn this company around as 'tech'. Get rid of the brick and mortar.

Feeling so pumped for the stock market over the holidays and in January.
 
Gas121 said:
If Cohen takes over; GME is going to go off the charts, literally. I think he is the man to take the business forward, turn this company around as 'tech'. Get rid of the brick and mortar.

Feeling so pumped for the stock market over the holidays and in January.
Click to expand...
All FUD about him using GME as a pump and dump scheme got absolutely BTFO when he increased his stake at $16

I'm already balls deep in stonks and call buys but I'm thinking of inserting my actual nads on Monday and going full wad
 
Wadtucket said:
All FUD about him using GME as a pump and dump scheme got absolutely BTFO when he increased his stake at $16

I'm already balls deep in stonks and call buys but I'm thinking of inserting my actual nads on Monday and going full wad
Click to expand...

Cohen clearly means business and is serious about a possible takeover of GME. There is no doubt if anybody can save GME then Cohen is that guy IMO.

Once Biden is in office stonks could go a level up again. Especially green energy, EV etc.

I will be playing a lot more SPACs next year. BFT will likely be my next stock going to out of this universe lol.
 
Gas121 said:
Cohen clearly means business and is serious about a possible takeover of GME. There is no doubt if anybody can save GME then Cohen is that guy IMO.

Once Biden is in office stonks could go a level up again. Especially green energy, EV etc.

I will be playing a lot more SPACs next year. BFT will likely be my next stock going to out of this universe lol.
Click to expand...
For SPACS I'm in CCIV STIC PSTH LGVW THCB AJAX BFT and LCA

Imma blow my load further on GME MT LAC PLTR tomorrow

Gonna try to get out of BABA as soon as it has a solid green run and then keep buying NKLA and DASH puts

Alhamdulillah
 
Lca going to Mars? 8% up premarket. Oh my stock just doesn't stop pumping..

GME up 15%.
Sklz 7%

If this holds fuck me my portfolio is going to cash bigly boyos.
 
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