Economy stonks v13, gamestonkegeddon

[fordman7795]

Lockheed Martin now has a P/E ratio of 12.61 - how often do you see that in this market? Just released earnings. Revenues up 7.2% vs. the prior year. Net Earnings up 20% vs. the prior year. They have a backlog of $147.1 billion. Stock keeps dropping, Hola keeps buying.

I’m not versed enough to know what all that means. All I know is I bought Lockheed in March of last year and it’s one of my laggards.

 

[skysolo]

So the defense sec was on the board of Raytheon and paid almost 2 million dollars. The treasury sec was paid almost a million dollars from the owner of robinhood.

What could go wrong?

 

[G-19]

dammit, almost bought nvax while it was sub $117 and talked myself out of taking risk. oops.

Should’ve grabbed it when we were talking. Their results with the UK variant aren’t as good but NVAX is a beast.

 

[Cuzcatlan]

i miss the days when these threads were about trades.

last week was so long ago!

So they have a simple app? I’ve watched like 30 minutes of YouTube vids on how robinhood works and now that plan is shot to shit

The app is not as simple. It's a bit archaic compared to Robin hood.

 

[Cuzcatlan]

They aren't restricting GME and others?

Not on Schwab as far I have seen.

 

[rob mafia]

Should’ve grabbed it when we were talking. Their results with the UK variant aren’t good but NVAX is a beast.

all this gamestop/broker shit has me flustered and way off my game. i had a goldmine set up with bb and had to bail on it today. then i hear that rh is opening it up tomorrow so i was planning on snatching that, which is why i didn't want to load up on crashing nvax AH... of course, i would have exited 3 minutes later for a YUGE gain, but... shit. i would be in a different position if i didn't have brokerages fucking around with my shit.

i rarely get flustered over shots i didn't take/etc, (and i'm still pretty level headed, even now) but this shit is affecting my moves and costing me money now.

 

[HOLA]

I’m not versed enough to know what all that means. All I know is I bought Lockheed in March of last year and it’s one of my laggards.

As far as I can tell it's currently out of favor because people seem to think Biden is going to drastically cut the defense budget. Which isn't a valid concern, imo. He's not. Lockheed Martin will have the government throwing cash at it regardless of Democrat or Republican control.

 

[PaleMoonlight]

all this gamestop/broker shit has me flustered and way off my game. i had a goldmine set up with bb and had to bail on it today. then i hear that rh is opening it up tomorrow so i was planning on snatching that, which is why i didn't want to load up on crashing nvax AH... of course, i would have exited 3 minutes later for a YUGE gain, but... shit. i would be in a different position if i didn't have brokerages fucking around with my shit.

i rarely get flustered over shots i didn't take/etc, (and i'm still pretty level headed, even now) but this shit is affecting my moves and costing me money now.

RobbinHood is limiting trades tomorrow. I think that’s it, Reddit and us peasants are screwed.

They said they’re doing it to protect their users. Can’t make this up.

 

[brackis1]

all this gamestop/broker shit has me flustered and way off my game. i had a goldmine set up with bb and had to bail on it today. then i hear that rh is opening it up tomorrow so i was planning on snatching that, which is why i didn't want to load up on crashing nvax AH... of course, i would have exited 3 minutes later for a YUGE gain, but... shit. i would be in a different position if i didn't have brokerages fucking around with my shit.

i rarely get flustered over shots i didn't take/etc, (and i'm still pretty level headed, even now) but this shit is affecting my moves and costing me money now.

Don't worry so much about it. It's a retarded fish run.
Your food will come, and better to eat a little than drown falling out of the boat, or to be the meal on the hook.

 

[Revolver]

 

[Proud American]

Does this mean they are expecting to shut down? Or go out of business?

 

[rob mafia]

Don't worry so much about it. It's a retarded fish run.
Your food will come, and better to eat a little than drown falling out of the boat, or to be the meal on the hook.

i know, but i basically tossed aside a $15k lotto ticket (300 shares) because of reasons possibly now moot. i didn't worry about this crap before this week.

Does this mean they are expecting to shut down? Or go out of business?

no. they're just holding more cash/liquidity

 

[Revolver]

I just sold off a couple of small positions at RH that I never transferred over to my TD account and closed my account. This type of rigging is unacceptable.

 

[Hadron90]

Lockheed Martin now has a P/E ratio of 12.61 - how often do you see that in this market? Just released earnings. Revenues up 7.2% vs. the prior year. Net Earnings up 20% vs. the prior year. They have a backlog of $147.1 billion. Stock keeps dropping, Hola keeps buying.

15% of Roth is Lockheed. I add more every paycheck. Except this week obviously; its all GME.

 

[Revolver]

 

[K1levelgrappler]

You'd have to know the specifics of his account. Its one of the dangers of trading on margin. The idea of trading on margin is that your broker will let you borrow money to trade with, and the idea is that if your trade goes bad you can sell your other stocks to pay them back. What was happening there was that he probably trading on a lot of margin, and then when the price of GME spiked down, Robinhood noticed that he didn't really have enough assets to cover his margin anymore, and forced him to sell them. It really fucking sucks when that happens, especially when the stock skyrockets back up afterward, but that is always a risk of trading on margin.

interesting

 

[Hadron90]

@brackis1 and @Rational Poster just got fucking bodied by Elon.

 

[Teppodama]

So the defense sec was on the board of Raytheon and paid almost 2 million dollars. The treasury sec was paid almost a million dollars from the owner of robinhood.

What could go wrong?

US politics, different heads but same hydra.

 

[Hadron90]

interesting

That would be insane if true, but I have no reason to believe it is true. I've never seen them do it before, so without someone showing their actual account and history, I'm witholding judgment.

 

[Hadron90]

So the defense sec was on the board of Raytheon and paid almost 2 million dollars. The treasury sec was paid almost a million dollars from the owner of robinhood.

What could go wrong?

I gave Biden a chance. Fuck that guy.