Economy stonks v19, ffs. nasdaq is murdered

[Gas121]

Can you briefly explain what the hell they are and why they're a good investment I've never heard of them? I'm so devastated that I chose to put a lot (for me) of money in stocks and not in crypto.

Firstly IPOE is a SPAC currently, will be merging with SoFi by the end of this month.

Its a Fintech company that provides financial products mostly aimed at millennials. Its just merged with Galilieo which provides a tech banking system revving up Fintech businesses. Basically the company provides digital banking looking to revolutionise the way we bank. Offers heaps of services to customers like loaning, lending and investment platform to buy stocks, crypto you name it like Robinhood. It is a digital system (no physical bank). Everything is done digitally. It is growing at a rapid rate and acquiring Galileo's banking platform is a big deal for future growth.

There is some steep competition obviously. Personally I feel it is one of the best out the bunch. I was initially going to buy PSFE but put the breaks on. SoFi is growing far more rapidly and they know their customer base so this is where I will be putting my money.

Please note: this is not financial advice and secondly this is a LONG term investment . A long hold with a 5-10 years outlook with the potential of explosive growth. Do your own DD if you are interested.

 

[TeTe]

lmao @ shitcoin. Imgaine being able to manipulate this shit with just one tweet. What a piece of shit currency.

There's much more to be made on alts.

 

[Revolver]

There's much more to be made on alts.

Can say the same about the otc market.

 

[Gas121]

Who's ready for another bloodbath? Looking grim out there..

More pain in the DAQ. Think we could be looking at another decent haircut from here and its only getting started.

 

[rob mafia]

Who's ready for another bloodbath? Looking grim out there..

More pain in the DAQ. Think we could be looking at another decent haircut from here and its only getting started.

weird, i figured the us markets would bounce. especially after bitcoin got rekt.

 

[Terry Noonan]

Biden has this under control. We’re all going to prosper.

 

[Wadtucket]

yeah not surprised; wish id been short em more.
ironically im mad because I sold CLVS and PROG today for minor gains and they took off more in a down market lol

I'm so sorry Cathy... I have forsaken u...

 

[Wadtucket]

lolz, if you guys need to feel worse...



nkla's green today.

 

[brackis1]

lol fuck I didnt realize MPLN was back at 6 and had earnings. 20% overnight =[[[

 

[Gas121]

Biden has this under control. We’re all going to prosper.

Lmao yeah GME and AMC are about to crush the hedges. This could potentially be killing the market. Good riddance anyway can we just get the gamma squeeze out the way and get back to business.

 

[rob mafia]

Lmao yeah GME and AMC are about to crush the hedges. This could potentially be killing the market. Good riddance anyway can we just get the gamma squeeze out the way and get back to business.

amc just did ANOTHER offering/dilution.

naturally, the share price increases.

 

[44nutman]

amc just did ANOTHER offering/dilution.

naturally, the share price increases.

Fundamentals no longer matter. Took me a while to catch on to that one.
If I buy anything now, its paying a dividend. Market is going to be fucked for about a year.

 

[Gas121]

Fundamentals no longer matter. Took me a while to catch on to that one.
If I buy anything now, its paying a dividend. Market is going to be fucked for about a year.

Agree. Buy blue chips too. The rest of stocks are trash from here. It’s game over this year. Will likely hoard cash from here anyway. We’re going waaay lower baby. It will be a slow bleed all year. Wait for the bigger drop. I think we’re sinking another 10 percent from here!!!

amc just did ANOTHER offering/dilution.

naturally, the share price increases.

AMC a company that literally is on life support up 40 percent in the last 5 days. Meanwhile SFT destroys earnings and is down. Yeah fuck this disgusting market.

 

[rob mafia]

Fundamentals no longer matter. Took me a while to catch on to that one.
If I buy anything now, its paying a dividend. Market is going to be fucked for about a year.

uwmc. the dividends (.1x4) and easy short calls should be a minimum of $1 per share per year (assumes .05x12).

add a crazy ceo and some buybacks...

 

[Terry Noonan]

AMD .. it’s not even fair.

 

[thehighking]

I noticed all of Bill Gates main stocks are up except Beyond Meat.

 

[brackis1]

damn shoulda bought some shitcoin stonk when it was below 250 =[

 

[Gas121]

I noticed all of Bill Gates main stocks are up except Beyond Meat.

Memes killing it. Something weird going on again. AMC, GME, NAKD, KOSS all mooning. Are we going to see another explosion in these again lmao it’s looking possible..

 

[G-19]

Firstly IPOE is a SPAC currently, will be merging with SoFi by the end of this month.

Its a Fintech company that provides financial products mostly aimed at millennials. Its just merged with Galilieo which provides a tech banking system revving up Fintech businesses. Basically the company provides digital banking looking to revolutionise the way we bank. Offers heaps of services to customers like loaning, lending and investment platform to buy stocks, crypto you name it like Robinhood. It is a digital system (no physical bank). Everything is done digitally. It is growing at a rapid rate and acquiring Galileo's banking platform is a big deal for future growth.

There is some steep competition obviously. Personally I feel it is one of the best out the bunch. I was initially going to buy PSFE but put the breaks on. SoFi is growing far more rapidly and they know their customer base so this is where I will be putting my money.

Please note: this is not financial advice and secondly this is a LONG term investment . A long hold with a 5-10 years outlook with the potential of explosive growth. Do your own DD if you are interested.

Fintech is a solid investment. You’re right, they have some serious competition but I think 5 years from now you’ll be laughing about getting in at this level.

 

[brackis1]

Fuck me; got distracted and forgot to short PLT on the close