Economy stonks v21

Wow, closing in on 2,000 retards already:



<Grimes01>

Retards they may be but they’ll all be buying brand new Ford Raptors and a hell of a lot of guns and ammo with that insane multiplier
 
Retards they may be but they’ll all be buying brand new Ford Raptors and a hell of a lot of guns and ammo with that insane multiplier

thats not how stocks work.
The idiots who aspire to buy that shit will mostly be losing money buying into nothing while savvy foreign actors and donnie's insiders cash in while selling literally nothing of value.
 
thats not how stocks work.
The idiots who aspire to buy that shit will mostly be losing money buying into nothing while savvy foreign actors and donnie's insiders cash in while selling literally nothing of value.
That’s a massive assumption. If they bought yesterday and even sold this insane dip they’d be up huge. I know plenty of retards who YOLO’d everything they owned into MARA when it was $.89 and it was the dumbest shit I had ever seen. Now they’re retired at 36 and laughing at this exact thought process. In general, people who chase lose but whose to say people that bought yesterday who were up huge didn’t set a SL, or they didn’t outright sell at $120+? No one here can make that call. I was making a joke but now that we are talking for real it’s kind of dumb to suggest they all got fucked when even if they bought AH yesterday into the frenzy they’d still have a x 2 multiplier.
 
i'm officially done with biotech. never buying another biotech stock/etc ever again.

burned nearly every time.

i so fucking hate that entire sector. i end up selling calls/etc just to try to keep up with the bleed, but the bleed always ends up being worse.
 
Retards they may be but they’ll all be buying brand new Ford Raptors and a hell of a lot of guns and ammo with that insane multiplier
If they managed to time it perfectly, which usually isn't how it works. It hit a high of $175 today and is now down to $76. That's way more than 50% of its value. There are no doubt many people who bought in at the highs, saw it drop, got scared and sold for a substantial loss.
 
That’s a massive assumption. If they bought yesterday and even sold this insane dip they’d be up huge. I know plenty of retards who YOLO’d everything they owned into MARA when it was $.89 and it was the dumbest shit I had ever seen. Now they’re retired at 36 and laughing at this exact thought process. In general, people who chase lose but whose to say people that bought yesterday who were up huge didn’t set a SL, or they didn’t outright sell at $120+? No one here can make that call. I was making a joke but now that we are talking for real it’s kind of dumb to suggest they all got fucked when even if they bought AH yesterday into the frenzy they’d still have a x 2 multiplier.
I'm not saying they all got fucked.
I'm saying a majority will.
The cohort buying: late-to-party poors and some savvy traders
The cohort selling: savvy traders and insider
 
If they managed to time it perfectly, which usually isn't how it works. It hit a high of $175 today and is now down to $76. That's way more than 50% of its value. There are no doubt many people who bought in at the highs, saw it drop, got scared and sold for a substantial loss.
Bingo.
 
That’s a massive assumption. If they bought yesterday and even sold this insane dip they’d be up huge. I know plenty of retards who YOLO’d everything they owned into MARA when it was $.89 and it was the dumbest shit I had ever seen. Now they’re retired at 36 and laughing at this exact thought process. In general, people who chase lose but whose to say people that bought yesterday who were up huge didn’t set a SL, or they didn’t outright sell at $120+? No one here can make that call. I was making a joke but now that we are talking for real it’s kind of dumb to suggest they all got fucked when even if they bought AH yesterday into the frenzy they’d still have a x 2 multiplier.
Peter Lynch's fund had 29% annual returns for over a decade and still most investors, iirc, lost money investing with him, because they kept on getting in at highs, getting scared at any dips and selling.

I'm sure you could find anecdotes about people who made a killing off this, but in general, for most, it's really not going to end well.

Now we're back up to $90 a share. This is insanely volatile.
 
omg, this is the worst analyst to ever be on cnbc. he hates everything, likes nothing, complains about uncertainty (i'm so sick of these bitches constantly whining about uncertainty, as if there's EVER certainty in the market). this is like the most low t beta bitch ever on here.

ffs, he complained about being too conservative this year.

edit: holy shit, this guy's just as boring/bad. bears should at least be entertaining if they're going to fearmonger.
 
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I fucked up big not buying a bunch of DNA when it dipped to 12 as a trading bet.
 
Good Christ, I bought INTC puts before close yesterday, scalped spy puts today from the exact top to the exact bottom, and I'm still red on the day because of stupid amazon calls. It might drop below $3,000 if it doesn't have a seriously strong couple days before earnings next week.
 
Whats up fkrs....my long term holds keep fkn bleeding. Really should have just been a trader in 2021 instead of DCA a bunch of horseshit
 
Good Christ, I bought INTC puts before close yesterday, scalped spy puts today from the exact top to the exact bottom, and I'm still red on the day because of stupid amazon calls. It might drop below $3,000 if it doesn't have a seriously strong couple days before earnings next week.

i'm in a similar boat, but i'm just dragged down by all my little positions. but like all of them are down 10% or some shit.

bought into some of those dips and bought back into ionq with a tiny position (and short puts).
 
I am debating going back against BROS but did I just get lucky? So is BROS valuation just wrong everywhere or are people just buying this shit based off totally misunderstanding valuation when published on google and finviz? Both give a 30.91M share oustanding @ 2 bil valuation. Seems right yeah? Cramer and a bunch of folks writing articles about a 10 bil valuation. Are class B still shares still around? 2 bil is nothing for a meme stock coffee chain. One of thee two valuations is very wrong and affects how this ends up.

https://sec.report/Document/0001628280-21-018412/#if5a42d6eca0e41688a446ea83a82068d_632
"Upon the closing of this offering, we will have outstanding an aggregate of 30,528,501 shares of Class A common stock, assuming the issuance of 21,052,632 shares of Class A common stock offered by us in this offering and the issuance of 9,475,869 shares of Class A common stock to the Pre-IPO OpCo Unitholders. In addition, 118,344,409 shares of Class A common stock will be issuable upon redemption or exchange of 118,344,409 Class A common units that will be held by the Continuing Members immediately following this offering and application of the net proceeds, and 16,239,252 shares of Class A common stock will be issuable upon conversion of 16,239,252 shares of Class D common stock that will be held by the Pre-IPO Blocker Holders immediately following this offering and application of the net proceeds."

I cant see any class B shares.
 
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Whats up fkrs....my long term holds keep fkn bleeding. Really should have just been a trader in 2021 instead of DCA a bunch of horseshit
You should have just DCA in SPY and you would be up more then most people with nearly zero effort. Most people don't want to hear it, but the majority won't beat the S&P500 returns.
 
You should have just DCA in SPY and you would be up more then most people with nearly zero effort. Most people don't want to hear it, but the majority won't beat the S&P500 returns.

For sure would have been true this year...time will tell if I'm a dumbass or not
 
So hims and SDC are down 10% on no particular news.


Wish also down 10%.
 
UNP, which is still more than 1/4 my port, hitting new highs today.

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Was $196 September 30th, now at $237.5.
 
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