/biz/ - Business & Finance

Threadly reminder to buy every single IPO at open for MAX gains

First for GAN to $24.00 EOY / early January

>>24596907
Fuck niggers and kikes

There won't be an earnings dip because everyone expects one

Am I the only one who cares about this shit?

Threadly reminder to short every single IPO for MAX gains

>>24596703
>>24596772
Why doesn't the company issuing stocks (and thus getting more capital) instantly increase the market cap?

>>24596939
retarded meme

>>24596939
Mining in space won’t be something we see in our lifetimes. It takes 5-10 years to set up a mine in fucking earth.

>>24596939
baggie stfu
tell me what to buy, and show me something that is more than a fucking cartoon.

Good morning I hate CRSR

>>24596935
Based

>someone in the thread says PLTR will be big and look at its growth buy it
>do that
>make money
>someone in thread says there is a steel shortage and to buy x and ctf
>do that
>make money

This shit easy

First for NAK (not the IPO kind)

>>24596952
Issuing stock dilutes existing shareholders and drives the price down. Imagine you have a company with 100 shares. Owning 1 share means 1% of the company. Now the company issues 100 shares, doubling the shares outstanding. One share is now worth 0.5%.

>>24596922
because stock offerings is stock dilution and usually followed by the share price plummeting as investors sell off since their shares are worth less

>Suggested books
>no black swan

>>24596939

By the time you'll see any returns for that investment you'll be long dead by then.

>>24596939
I'll buy SRAC when it IPOs. I'm a little sketched out by the CEO being a Russian without ITAR exemption, and my broker doesn't list SPACs. But I do like the idea of a space tug play. Mining is probably not realistic in the near future though.

>>24596939
>born just in time to see EVE online asteroid mining become real

Which IPOs to play next week? ABNB and DASH seems overpriced

>>24597030
NAK of course.

>>24596938
unironically true which is why I'm holding 100% GME through Q3
It's an entirely different situation from Q2. For one, the EPS might actually be positive this time considering what we've seen from other B&M retailers (including Nordstrom)
It's also not overbought massively like it was prior to Q2
Short sellers can't afford to double down anymore after they're already in too deep when they doubled down to cause the Q2 dip
A lot of shareholders took profit on Monday and they're waiting with cash on the sidelines to buy the "dip"

if anything it might pull a PLTR where it went -7% right after close then goes back up immediately. All I know for sure is the price right after close is going to be scary volatile, even more than Q2 was where it was going from $7.5 to $6.5 and back literally within seconds

>>24597053
I am super bullish on GME and I guarantee we won't have positive Q3 EPS

>>24596939
You do realise Momentus is just a last mile ride share company for satellites. They don't produce rockets and they have to hitch a ride on a rocket to get to space.

What does /smg/ consider to be due diligence? My background is in chemistry, not finance, but I'm interesting in getting into investing. My major problem is that I don't know how deeply I should be going down the rabbit hole with each company I consider buying. I don't have the time to live and breathe stocks like professionals or larpers.

>>24597030
>Which IPOs to play next week? ABNB and DASH seems overpriced
Nak

>>24596939
would unironically be huge if implemented. what's their proposed time frame?

>>24597011
>born just in time to see Elite: Dangerous deep core mining become real

>>24597072

Anons do you think we are in a race against time for the future? Will space stocks be even viable when more and more of society is polarized towards focusing on "domestic" tribal issues?

>>24596981
Say the company had 100 shares that were, say, $1 each. The company's assets net worth is valued at $100. If it issues 100 more shares, 100 more dollars are added to its cash reserves, which raises it's net worth to $200. The value of the company's assets (market capitalization) increases by price * shares and the price per share should stay roughly the same, right?

>>24597011
>>24596964

Mining in space will occur within 30 years. SpaceX has already brought launch costs down from roughly $10,000 per kg to LEO to about $1000 per kg to LEO. Starship stands to reduce that number to $100, and musk has said they aspire to eventually reach $10 or $20. This is within the next decade. This will fundamentally change how difficult it is to design spacecraft - spindly, fragile, super-light spacecraft will absolutely be a thing of the past. The bigger you can make your safety factor, the cheaper things are to build, and the tech exists to go latch onto an asteroid, slow-burn it into lunar orbit, and harvest gold and other heavy metals from it.

I unironically see a massive gold crash in 30 years caused by the influx of gold from even one 20-meter metal-rich asteroid.

>total global equity markets are now 115% of global GDP
The alpha and omega of TINA rallies.

>>24597077
My DD is often
>Has it been mentioned in /smg/ for at least a week?

If so I buy

>>24596939
spending billions to get WATER from space

>>24597011
Comfy. Who wants to sit in the station shitposting with me playing batphone for the Rorqual fleet around Ceres?

>>24596313
okay then, let's go another route then: any online articles doing DD you'd recommend i read, to know what DD i should be looking for to then crosscheck for myself to make sure it's worth using to invest my money in?

would this be a good example of the sorts of DD i should be looking for? https://seekingalpha.com/article/4373819-gamestop-chewys-founder-ryan-cohen-finds-whats-next

>>24597047
>>24597079
Why are you so bullish on it? Their website seems promising, thats as much research as I usually do

Roblox or Airbnb IPO?? what yall like

>>24597122
They also said they would land humans on Mars by 2024. How well is that going?

>>24597134
how much money have you lost so far using this method?

Is NAK gonna pull a SNOW? SNOW had an IPO price of $75 and opened at fucking $250. I think I might just wait a few days for the people that bought the IPO to dump.

>>24597072
are you really taking into consideration CARES act and the goodwill impairment from all their shitty acquisitions in the past

AM bullish on BOOBA

Ahhh, I guess ITS THAT TIME OF THE INVESTMENT CYCLE AGAIN.

TIME TO START DCA INTO MY BOOMER FUNDS.

>>24596939
PMs, miners, and energy companies BTFO in post-scarcity cyberpunk dystopia.
Yet again tech stocks are the only things worth investing in.
QQQ 100000c 2100.

>>24597077
Look at cash flow, look at projected growth, get a general idea of the direction of the entire industry, look at analyst ratings (just to back you up, this is useless as a primary consideration), and if you want to be super autistic use TA just to see if it backs up your conclusions.

>>24597122
Why would anyone “space mine” an asset based on scarcity only to reduce said assets market cost exponentially?

If they were to use it as an industrial for MORE space mining and exploration I assume could project.

But that projection is in decades not years.

What's the best screener to find out stocks that are bottoming out?

>>24597165
It’s made me money on PLTR,GME and NIO
The only thing is timing when to exit
Something being shilled on Reddit is a major sell signal.

is there any safe way to trade options?
like, buying call options on blue chips over a longer period of time? shouldnt that be a guaranteed profit?

>>24596907
Sucking my own cock.

>>24597159
Roblox. It's a very shit time to invest in Airbnb.

>>24597208
The pink wojak indicator.

How does RYCEY at $4 EOY sound?

>>24597077

Take the scientific method and retrofit it to identify a mispriced/discounted asset. Considering you're a stemfag it shouldn't be too hard to model problems.

>>24597219
>is there any safe way to trade options?
Yes. Be the person selling covered calls to retards on /biz/ buying options that expire worthless.

>>24597164
They are going to do a test of starship's complicated landing maneuver this week and an orbital test this week.

I concede that I don't think they will land humans on mars until the 2026 launch window. Maybe 2028. But a 2-year or 4-year delay on a project that would have previously taken decades for government space agencies to accomplish is entirely acceptable.

>>24597227
Im liking Roblox alot, every kid in america is playing it, and parents constantly buy kids whatever they want these days. All they want is Robucks. 110 Mil users per month. thats 1/3 US population.

Is Microsoft undervalued or not? It really seems like at the very least it isn't OVER valued like other blue chips

>>24597134
>>24597193

Thanks for the input.

>GAMESTOP

>>24597228
Man this board is so fucking useless

IM SCARED

WILL TOMORROW BE RED

THERE'S NO WAY WE KEEP GOING UP WITHOUT SOME KIND OF PULLBACK

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>24597077
The more you're allocating towards it the more research you should do and the higher conviction you should have. A 10% position requires less DD than a 60% position, obviously.

>a stock's value drops by 55 cents the day after it pays a 55 cent dividend

This can't be true, can it?

>>24597267
leav3

>>24597260
im thinking about selling my shares. idk i cant decide

>>24597208
https://finviz.com/screener.ashx?v=210&s=ta_p_tlsupport
https://finviz.com/screener.ashx?v=210&s=ta_p_multiplebottom

>>24597219
Buy 1 call contract for every 100 shares you take profit on (gains pay for calls) to hedge for further gains
so you don't get into the situation where you sell NIO for $10 happy about your +500% gains only to be in pain later on when you see it going to $50 months later on

>Futures
OOOOOOOOOOOOOOOOOOO

Buy RYCEY guys. It’s bull flagging hard

>>24597272
I hope a pullback

>>24597291
no, it drops by 55 cents days before the div is paid out.
https://www.investopedia.com/terms/e/ex-dividend.asp

>>24597291
>https://www.investopedia.com/terms/d/dividend-capture.asp
not always but dividend capture is a dumb meme

like the only reason it prob doesn't drop after dividends is maybe because it's a solid company where you're better off just braindead holding the entire time
meanwhile on shitty value traps like REITs with no growth (some REITs have growth though) then yeah it probably dumps after every ex dividend date

Rycey is amazingly bullish. Who else is gonna make engines for planes . lol get rekt

>>24597291
It is but what you're missing is that the stock will rise 55 cents before the next dividend, then drop 55 cents when the dividend is payed, then crab back up 55 cents, ad infinitum

basically the time value of the dividend increases as it draws closer and resets when it's paid out

>>24597297

Same here. It's been super disappointing,but I at least tell myself the dividend isn't insignificant, and it is safe. I'm trying to tell myself that if the market does crash hard next year, microsoft will weather it well and recover fast.

>>24597122
>let's go to an asteroid, wrap some rope around it and tug it back to Earth.
This isn't a video game were the minerals are magically extracted, you need a mining space station, quarters for staff, drilling equipment, storage, etc

>>24597291
Yup, its the same taking money from your front pocket, and putting it in your back pocket.

Divvies are just a different way of paying out income instead of compounding though growth. Don't really get why some people hold them in high regard, but they can often be a decent indicator of a companies health.

Many companies will switch diviies into high gear once they cannot grow any longer, to keep serious investors and dumb money in.

current memefolio:

GME
APXT
PLTR
CLF

all green except for pltr lol

>mfw i know we're all gonna make it

>>24597349
yes literally mining an asteroid is completely retarded.

maybe redirecting a small one to earth to be processed on the planet makes sense in the future.

>>24597368

>>24597359
>Don't really get why some people hold them in high regard
When you're left holding bags, a dividend stock still pays out when you're waiting for it to recover.

>>24597293
Kys cunt

>>24597362
every single one of my /biz/ picks is doing insanely well

>>24597387
that kinda sounds like someone will fuck up one day and accidentally a city

>>24597300
Yeah, that's what I've been using. Is there anything else?

>>24597368

How is it a good idea to buy an IPO on day one? Looking at PLTR's chart as an example, it didin't become profitable until a month later, and the people who bought in early were at a loss until then.

day trade ABNB at IPO?

>>24597419
yeah PLTR was a fomo mistake. i usually never make these mistakes but I got caught up in the hype. as far as memes go PLTR might be the best case for a buy and hold though, so I'm not too worried.

Best entry at apxt?
Below 13 dollar?

>>24597446
Some people just want to own part of a company before its cool

>>24597368

>>24597424
"Oops there goes Portland."

>>24597387
You just wait. When one 20m asteroid contains 50 billion dollars worth of metal, the economics become clearer.

SpaceX developed the first iteration of the falcon 9 for under a billion dollars. Dragon was developed for less than 2 billion, most of it going to complying with government certifications. Engineering is getting exponentially less expensive, and space access is following suit.

Everyone knows it's best to just buy and hold, right? Why do crashes happen except for shit like meme stocks?

>>24597475
I think $14 makes sense desu. Avepoint is legit.

>>24597466
>>24597475
Yes

>>24597192
true. /pmg/ on suicide watch. gold, silver, commodities are gonna crash hard next year.

Does anyone know why uranium prices are surging? What the fuck is going on?

>>24597498
When is the merger date?

>>24597368
even if it has to get worse before it gets better

>>24597476
I don't think that's the case here though. People will bitch when their stock goes down a few percent after weeks of climbing.

>>24597368
what about those that inverse my plays? Surely we cant both make it

>>24597490
Vague "the market will crash soon because of muh indicators" isn't worth selling on.

China turning off was worth selling on.

>>24597488
You are focusing on the wrong part of the equation. Getting there isn't the problem.

Getting the ore out and back economically is the issue. I'm in the mining industry. It takes a huge investment upfront, that's a lot to risk. Mebbe elon's crazy enough to gamble.

Anyone watching at vuzix? Thinking about throwing 800€ in

>>24597510
Supply shortfall?

>>24597526
Q1 21, I don't think a specific day has been announced yet.

MY LIFE IS LITERALLY CENTERED AROUND THE STOCK MARKET, WEEKENDS ARE SO BORING AAAAAAAAA

>>24597567
Check out UUUU, I think I might have just found the next 2x stock.

>>24597256
To get a minimum floor you need to look at the raw materials cost to get the aluminum and steel divided by the average reuse number for the rocket + the liquid hydrogen (or kerosene) and oxygen needed to get the delta V to get to the asteroid and back.
According to https://space.stackexchange.com/questions/438/how-much-fuel-would-one-need-to-launch-a-1kg-object-from-100-000-feet you need 6 kg of propellant just to leave orbit. But maybe it can be lowered to 100 dollars per kg, who knows. Still can't imagine you could make it cheaper than mining on Earth.

>>24597596
That's a big stock

Selling the other half of my stocks and going all in on GME tomorrow

>>24597589

Get into gardening like me! It's another hobby that can be rewarding and can yield long term rewards. Then you have two things growing at once.

help im a brainlet on options

Since vega is 0.34 and since IV is probably going to drop to 100% after Q3, am I correct in assuming my April 15C will lose $1.598/share in value after the IV crush?
So basically my breakeven will be if the stock price goes up around +$2.20 because with delta at 0.7, it would have to go up that much to match the loss in value?

So GME could go up +13% (lol) and I'll be in the situation where my April 15c will be +0%?
Am I understanding this correctly? Or am I overestimating how much IV will drop on April calls?

>>24597579
So there will be enough dips to buy in below 14$ if not 13$

>>24597668
this is why you don't play options

>>24597647
its december homie

>futures
OHHHHHHH

>>24597596
If I shorted it, would it die?

>>24597639

>>24597695

That's true. I live in arizona so I've still got shit to do.

>>24597687
yeah, maybe.

>>24597703
the fuck are futures even based on? help a retard understand

>>24597725
It would be extremely painful

Should I diversify my portfolio?

I wasn't really into trading at first because my economist parents said it is just gambling. I just bought what my smart coworkers suggested.

Now my portfolio exploded, and I'm getting a bit nervous because it's super risky, according to conventional financial planning. Should I reinvest in some other biotech or computer-tech firms?

I heard Twist BIoscience could be good, and I might invest more in Moderna but I dunno what to sell for the $$ and how to time it.

Can someone more experienced give me advice or something to read? I'm very new to this (didn't even know what dividends were until a month ago when a friend asked me if my stocks gave dividends.)

wtf is BABA's problem?

>>24597609
one solution I have heard is to extract liquid oxygen from the Moon but you still need the mining infrastructure in Space and a base on the Moon so still a long way to go.

who is that azn qt on the sec website? i want to fuck her

>>24597744
The future

>>24597762
>no GME
buy GME

>>24597589

>Ding ding ding ding ding, 4PM hits and I'm not an AH degenerate or futures schizo
>log out of etrade
>boot up osrs and jew it up in GE or eve and jitajew it up until it's time to sleep
>wake up for markets to open again
>weekends just either research for opportunities to buy into or play forklift simulator and stack palettes perfectly down to the pixel

>>24597725
lol you will get rekt. you had your chance to short in July, bobo.

Yeah guys, I'm dumping $30k into UUUU tomorrow. I'm seeing a run to at least $5 by EOY.
Reddit hasn't caught wind of it yet so I'm early. Join me brothers.

https://youtu.be/acMqxcdxE0E

>>24597762
Experience is the enemy in 2020. Just keep investing in memes in the casino.

>>24597596
Yeah I looked around for uranium stocks a couple of months back, but landed on CCO.. more risky but more potential if they manage to recover and uranium keeps blasting

What do you guys think of OPES?

>>24597558
And you are focusing on earth-based mining. Earth-based mining requires digging literal miles down or strip mining areas the size of towns. Asteroid mining requires digging a few meters or just breaking up the ore and putting it in a bag because the concentration of metals in these asteroids is SO MUCH HIGHER than on earth. Heavy metals on earth are concentrated in the mantle and core because.. they are heavy and sunk there in earth's formative eons. Little stayed up in the crust. Designs already exist for space-based centrifuges to separate rock and ore from asteroid material.

>>24597692
that's why the calls are only a small portion of my position, the April 15c's are already up +40% even though I got it a couple weeks ago. Just trying to figure out if I should sell then buy back after Q3 or just hold through until Q4 as originally planned (i mean that's why I bought April calls in the first place..)

found my answer, looks like IV shouldn't be affected that much on April calls. IV crush will be more like $0.9/share

another lockdown in cali
we're going down another 30% like before right?

>Someone tell me if i fucked up or if im alright.
IMMA FUCKING DO IT.. DONT MAKE ME

AMD
RIOT
PLTR
APPL
Moderna
NIO
CLF
Ford
Himax
Celsius
NAK

>>24597795
nah man, it's great that I look forward to Mondays now

>>24597860
>NAK
I hope you're talking about NAK and not "NAK"

>>24597510
https://www.mining.com/us-senate-committee-approves-uranium-reserve-bill/
Uranium WILL moon, the only question is when. It is a very simple supply << demand question that has nothing to do with the future of nuclear power as a whole. The only reason it hasn't mooned yet is because of the reserves in Japan after Fukushima. But those are finite.

>>24597803
their revenue fell from 51 million in 2019 to 12 million in 2020

>>24597860
>NAK at the end
LMFAO

>>24597778
>>24597053
>>24597639
>>24597668


Can someone explain why GME is trending? Last time I went to Gamestop they didn't have the console I wanted to buy because of the pandemic. I thought brick-and-mortar stores were being edged out by Amazon.

Not trying to be contrarian, but I don't understand complex market trends. Is it just undervalued? But what's gonna be their long-term plan to recover?

>>24597401
>Holding bags.

>>24597860
>APPL
what's that?

>>24597843
no because there are too many people with cash on the sideline and now they're wishing they bought the september "dip". The people who missed both the March and September dip are going to be too anxious to FOMO in

>>24597075
>You do realize Costco doesn't grow pulp trees for toilet paper.

>>24597770
If they become too autonomous they'll have a moon base revolution demanding to keep the mining profits for themselves.

>>24597880
Yeah, but that's about to change senpai. That's why this is a golden opportunity.

>>24597843
No fren I’m afraid you missed the bottom. It’s time to buy boomer stocks based on P/E ratios

>>24597744
This level of new fag

luv me Rolls Royce
simple as

>>24597121
Double entry bookkeeping dawg
Those $100 dollars cash are a liability to the shareholders or something

I'm really confused now about this NAK and AI thing
i guess it's time i actually look up wtf those tickers stand for

>>24597890
>>24597876
So you fuckers didnt trash the other shit,. So im CUMpfy

>>24597744
They predict the future. Today we have the Mars in a radial covenant with Saturn in the virgo and that's pretty bullish

>>24597949
it was a horrible fucking list with nak being the cherry on top

>>24597668
Look my dude, you're clearly in over your head. I'm by no means an expert on options but you need to learn to avoid holding options through earnings until you clearly know what you're doing. Follow the advice of the consensus until you're confident enough in your own knowledge. Why didn't you cash in those contracts around monday btw? That was a massive spike in my jan2021 calls. Are you planning on executing those calls?

>>24597891
>Is it just undervalued? But what's gonna be their long-term plan to recover?
it's trading at 0.15x of revenues right now because of a perfect storm of massive share buybacks and high short interest
and the effects of a new console cycle is becoming more and more obvious

short sellers mistakenly believed Gamestop was going bankrupt when it was just declining revenues from the ends of a shitty console cycle (no backwards compatibility, pre-Lisa Su AMD chips on the consoles so they were already underperforming pieces of garbage on release, etc)

serious question though, when and how did you find /smg/

>>24597972
Shill me all your stonks buddy

>>24597945
NAK 1.0 is an old pump and dump miner in Alaska with a shit ton of MAGA bagholders
NAK 2.0 is a new AI IPO in a crowded space

>>24597945
If you found AI you went too far

>>24597891
hownew.ru

>>24597219
It involves math, putting up a certain percent of your capital only at a known risk/return ratio and setting tight stop losses.

>>24597891
which board are you from , newfag

>>24597771
pics?

>>24597202
Finbros can't imagine investment into a depreciating asset like space colonization.

Space is just a place you go to grab valuable assets like solid chunks of iron, then financialize your ownership of said space chunk.

>those effeminate anons in the earlier thread that thought there was something vaguely wrong with trading and self-interest
>https://www.youtube.com/watch?v=ez7AFPX9RYE&ab_channel=matsku84
Here's based morgan implying that you're brainlets.

https://twitter.com/realDonaldTrump/status/1335679426516881409

wait i swear he had it a month or so ago

>>24597891
egregious post

>>24597976
>Why didn't you cash in those contracts around monday btw?
because i don't know the future, all i know is GME is easily worth at least $30 by April without a squeeze. That's why I bought April calls and not December calls

who am i to have known that GME would spike up +20% on Monday and lose literally all of it by end of day

>>24597219
Sell lotto tickets to idiots. Buy puts near existential threats for your holdings.

>>24597979
Thanks for the explanation. That make sense. I will sell some of my CRISPR stocks and buy Gamestop.

I've been on 4chan for a while but didn't go onto /biz/ until the pandemic caused my stocks to spike. Since I don't really know many people IRL who trade stocks I figured getting some more opinions would be helpful and obviously I'm not gonna trust normie sources like the Motley Fool since if I invest like everyone else I'll just get basic bitch returns. I guess it's like when they ask you to guess the number of jellybeans in a jar. You usually increase your chance of guessing correctly by averaging your guess with the guesses of the guys sitting next to you (unless they are really dumb).

So how do you guys know when to sell Gamestop? I know you can't tell the future but there must be some method to it.

>>24598028
Hey fagget. You have to trash my shit , but wont talk what you invested in ? What fucking weeb.

>>24597869

Only day I look forward to is fridays when I get to dab on thetalets with my credit spreads as my short options get assigned and I get the price entries and exits I want. Mondays is usually a racket with weekend pressure blowing up the first hour of trading.

>>24597122
You honestly think mining a gold ounce on an asteroid will cost less than mining currently on Earth? You're a fucking idiot.

>>24597891
>not trying to be contrarian
That's the problem, we are. Gamestop is a contrarian play. We're betting the stock price rises because Gamestop is more profitable than the market seems to think, as well as Ryan Cohen's involvement.

>JUST IN: Goldman Sachs is thinking about moving its asset management business to Florida from New York City
I wonder what NYC and LA will look like in 10 years from now

>>24598095
>So how do you guys know when to sell Gamestop? I know you can't tell the future but there must be some method to it.
just average in, then average out

>>24598142
Detroit

>>24598142
GS is just threatening shit to get concessions from city/state.

Its unlikely they actually go unless their board is 100% retirees jealous of their snowbird friends.

>>24597891
Shut the fuck up and load up on shares tomorrow at open, we’re going to the moon on Friday.

>>24598002
>>24598028
>>24598069

I started lurking a few weeks ago, from /a/ and and /vg/ Persona general. I guess I realized that I should take a more active interest in my money since I just got really lucky and should try to take advantage of the opportunity. Basically my trading strategy was just to ask someone smarter than me what was gonna grow, so I figure /biz/ is probably at least a standard deviation above Reddit or the Motley Fool in terms of advice.

>>24598105
Post your folio then fagit
Dont feel like posting my folio, but DKNG, JNJ, X, UTZ. Have other memes with smaller amounts i play with. Youre list wasnt too bad. Just sort out the trash.

>>24598142
kek, i don't live in the US but for some reason this makes me feel happy seeing stupid politicians get BTFO'd when they realize companies can just move HQ to avoid their shitty taxes

>>24596930
What's dropping?

>>24598142
Detroit

>>24598142
The places they're moving to will eventually turn into the new shitholes in a few decades.

>>24597359
Dividend stocks are generally low volatility. Which makes farming premium easier.

>>24598095
Personally I have sell limits at $50 and $100 in case it squeezes quickly. Ryan Cohen taking over the company would be a good time to take some profits, but I'd leave some shares in because Cohen could legitimately take Gamestop back to relevance. April is the next Annual Meeting, and a bunch of important things will converge around then.

>>24598076
With sell lotto tickets you mean selling puts?

>>24597334
Ge and rolls Royce are the only engine makers for Boeing. I told all the naysayers on Thursday when it dropped 50%. The smart anons gobbled up shares while the rest called me a stupid faggot. /smg/

Who NGA here

>>24598175
If you want actually safe advice that will preserve your wealth, take at least $400K of your Tesla winnings and put it into an index fund, probably SPY, or a world market fund if you're really skittish. You've essentially already made it just based on your Tesla trade, don't waste that.

>>24598142

Hopefully giant, irrelevant shitholes. And every finance person on wall st knows the pro play nowadays is to move across the hudson to exchange place or hoboken. Financial district and park ave are memes now.

>>24598175
>few weeks ago
YOU should already have money in gme.... What kind of "luck" did you have

>>24597334
MTU

>>24598181
Eh, they're just leveraging concessions from the local government.

NY is mostly shut down so they can wave around all their finbro employees screaming "THIS IS A DISAPPOINTMENT" and NY State/City will just throw shit at them to keep GS in town.

>>24598156
>>24598189
NYC (well most of it) in the 70s and 80s looked worse than Detroit.

>>24598142
Anywhere GS goes will become a shithole. If anything, this is next positive for NY and negative for FL.
>>24598204
OTM calls on stocks that have already mooned or OTM puts on stocks that get slammed for a few days.

>>24598234
Did you not look at his portfolio? He bought Tesla at $100 presplit and then ignored his account until now.

>>24598223
can't use that word pal

>>24598238
>looked
That's the key word there.

>>24598195
That sounds solid. I guess that a lot of people are hesitant because Gamestop seemed close to death for a while, like some other stores. But a lot of consumers will want consoles on day 1. I did hear on /v/ that scalper market is absurd.

>>24598142
>When all the Jew money moves to Detroit and gentrifies it

>>24596938
It’s earnings they dip dude. It makes sense to sell it. If you sell it and buy back you make less money. If you don’t sell it you risk losing money.

>>24598142
Isn't New York and San Francisco modern times Detroid? In the sense that it's where all "industry" that powers up modern economy is allocated to? I'm sure nobody thought Detroid would become a shithole in 50 years back in the 50s. We live a pretty short lifetime, I think we always forget about it.

>>24598208
Anon in here said boing is running on full hopeium the other day, said he worked there, PRobably FUD,. I believe him.

>>24598208
Fug I haven't seen this image in years.

>>24598226
I swear if I see one more of these posts I’m gonna fucken lose it.

>>24598298
Thats me

>>24598291
If everyone has already sold and all of them try to buyback after earnings, what happens to the price?

>>24598317
I don't want the newfren to lose his make it stack of USD gambling on meme stocks, when he could take $500k into safe investments and gamble with the other $100K

>>24598287
>GME seemed dead
>"Seemed"
>digital download only consoles will save it

Is it not general knowledge that consoles are sold at a loss or a marginal gain and that the profits come from the games?

GME will be bankrupt EoY

Why wouuuld people buy consoles from gamestop instead from amazon walmart target etc

>>24598338
wait no my mistake he only has $250K I dunno how I misread that as 600K

'ate stocks
'ate investing
luv me gambling
luv me weeklies

Simple as.

>>24598278
>who, here
just did it again pal
try and stop me

>>24597762
Sell everything off entirely besides TSLA and maybe CRSP. Your portfolio should look something like 50% TSLA, 30% ARKK, 20% QQQ or whatever mostly tech index ETF.

>>24598349
>Is it not general knowledge that consoles are sold at a loss or a marginal gain and that the profits come from the games?
Yeah, for the companies manufacturing the consoles and selling them to retail.

>>24598291
why does no one else think they can actually achieve positive EPS when pretty much every other retailer managed that in Q3?

Nintendo Switches finally caught up to demand in Q3. There are tax benefits that Gamestop could take advantage of. E-commerce continuing to grow because there's not much else people can spend their money on right now

>>24598298
I said 50/50 it crabs up or down. Kek. The stock market is clown market, perception is everything.

>>24598349
1. The vast majority of consoles sold so far have disc drives
2. The Switch is bigger than PS5 or Xbox and uses mostly physical games
3. Gamestop gets revenue sharing on all digital purchases on Xboxes sold at Gamestop
The ONLY console SKU that Gamestop DOESN'T profit from is PS5 discless.

>>24598349
Sold at a loss by the manufacturer or the retailer?

>>24598261
Any recommendations for stocks which are good to sell puts / calls?

>>24598349
consoles aren't sold at a loss for the retailer

>>24598349
were betting that gamestop starts selling other things besides physical games and that physical games will actually win over digital games in the end

because digital has no resell value and no used market

and gamestop will get richer and richer because its inventory of used games will become rarer

dvds never had resell value but games people care about old shitty games

yeah, wtf does C3.ai have to do with NAK
nothing
so wtf

>>24598386
Because of the assumption that console gamers (the vast majority of Gamestop's customer base) would rather save up in Q3 to buy new consoles in Q4, and historically Gamestop doesn't have great Q3s

I would be pleasantly surprised if they turned a GAAP Q3 profit

>>24598349
>GME will be bankrupt EoY
>announced that it will redeem $125 million in principal amount of its 6.75% Senior Notes due 2021 (the “Notes”) on December 11, 2020. This voluntary early redemption covers approximately 63% of the outstanding Notes.

I have a hard time believing consoles are THAT expensive to manufacture that they're sold at a loss and can't make any sense of how the retailer would be losing money either.

>>24598435
i want to jizz in her pucci

>>24598410
>>24598421
Console margins are slim for the retailer but Gamestop gets around that in a couple ways
>bundles / attach rate
>protection plans
>revenue sharing with MSFT

>>24598354
why does gamestop need to dominate the market? also why comment on something when you don't have a clue on what the numbers are?

https://www.reuters.com/article/gaming-sony-microsoft/clash-of-consoles-new-playstation-and-xbox-enter-150-billion-games-arena-fight-idUSKBN27O0XD

>>24598362
Yeah I don't have like that much, but I'll use the same 1:5 ratio for investing in stocks and in ETFs.

RYCEY

>>24598414
If you’re selling cash covered puts and/or covered calls. Something you don’t mind holding and won’t fucking tank and you’ll end up bangholding for ever

SPY is the commonly mentioned one.

>>24597795
i never understood those simulator games in all honesty. but here i am playing spelunky for hundreds of hours over and over trying to platinum it so what do i know.

>>24596939
I'm too busy looking for American companies that are going to harvest minerals from the sea bed.

>>24598450
Why are you having a hard time believing that? A PS5 is basically just a gaming computer with a 2080 and a nice Ryzen CPU. To build that yourself would easily be >$1000, maybe $1500. Sony and Microsoft absolutely lose money on the consoles. Gamestop does profit, but the margin is slim. See
>>24598460

>>24598470
Good conservative plan fren, probably what I'd do with a six figure windfall. Enjoy it.

>>24598386
Even if earnings are good it still drops always

pic of me giving a talk when I /make it/ on Rolls-Royce gains

>>24597795
Flughafenfuerwehrsimulator sounds fun.

>>24598436
>pffffftttt-p-p-pffpffpffftfffttttt

>>24597940
Actually capital is neither an asset nor a liability, it's a third category. Capital = assets - liabilities

I’m extremely bullish on GME but Q3 is going to be absolutely awful

>>24598449
what are senior notes?

>>24598567
theyre announcing buybacks dude its gonna be a early short squeeze

>>24598442
don't assume, verify the date yourself, you have google

>https://seekingalpha.com/news/3636181-october-videogame-salesplus-14-preview-of-new-generation-holiday-season
>Once again, all categories saw increases. Even as many gamers awaited this week's launch of the first new-generation consoles in seven years from Microsoft and Sony, hardware spending rose 41% from last year, to $259M. Strong sales in Nintendo Switch offset declines in the other platforms to spur the rise.
im not a console cuck so i dont understand why people are still buying PS4s and Xbones but they are, heck pretty sure there were widespread shortages on everything through corona (which is why Gamestop had a shitty Q2 despite corona spurring on a gaming boon)
Supply is finally catching up so i'm personally bullish on Q3

if it dips back to $14, do I really care when I'm confident it'll hit at least $30 by Q4? Can't risk scalping in my TFSA anyways

>>24598436
It's a meme ya dip

>>24598571
The 2021 bonds. Basically "senior note" means if a company goes bankrupt, they get paid first. Then other debt, then leaseholders and shit, then shareholders at the very end (usually getting nothing in a bankruptcy)

>>24598571
debt

it means GME is not going to be insolvent anytime soon

I'm about to drop like 30k on RIOT calls. Betting it hits $30 before Feb. Am I retarded

>>24598595
If we dip to $14 I'll just buy more anyways lol

>>24598598
It's a forced meme

>>24598591
how do white women compete

>>24598557
I hope it dips below 1.90 tomorrow. I will put the majority of kliff money in it.

>>24596935
Based

basically digital download advocates want you to join the system of the economic reset and communism where your game is linked to your online account with a big corporation

physical sales gives you a actual piece of property that might even go up in value with time

guess which one the customers want and which ones the big corporations and governments want

>>24598515
Sure it would cost ME that much to assemble, but wouldn't there be some kind of parts deal between these companies?

wait why do you guys think you're getting rich off this

>>24598660
Far left, and middle have pretty faces. Still
> No ASS
> NO TITS
> Bad fish breath
> Bad fish smelling discharge
This is a real woman m8

>>24598668
>previous performance indicates future performance

>>24598565
Yeah this
I don't know I just buy GME

>>24598668
Not getting rich per se

Wait are you new?

>>24598635
Everything is a forced meme till it’s not, prove me wrong.

>>24598567
dude you keep saying this and I've replied with actual arguments

what are you basing your statement on besides pessimism? it doesn't add to discussion at all.
I understand that Q3 might be another -15% dip again like Q2 but like do you just not think it's a worthwhile gamble to hold through anyways when an earnings surprise would be a +30%? I'm not just doing some retard coinflip either, i've laid out shit on why i'm bullish on

>https://seekingalpha.com/news/3636181-october-videogame-salesplus-14-preview-of-new-generation-holiday-season

Nordstrom's Q3 beat being aided by CARES act too as a preview of how much covid tax benefits are helping B&M
>https://investor.nordstrom.com/news-releases/news-release-details/nordstrom-reports-third-quarter-2020-earnings-0
Even Party City achieved positive EPS

What is the difference between a PLC and an actual stock for a company? I tried looking it up but I dont understand.

>>24598694
Whites have no reason to act better than anyone especially virgins

>>24598317
Dont think. Just buy the etf.

>>24598668
Is fucking Rolls Royce going bankrupt? No? Then it can only go up.

>>24598734
kek

>>24598382
>>24598402
>>24598410
>>24598421
>>24598435
>>24598449

>today, I will remind them

people waiting in lines buying consoles just wanted to flip them since they can't pay rent or buy food.

This happens every single time a new console comes out, except this time there's no new games as a catalyst.

Sell GME while you can, anonitos. You'll have a bad Xmas otherwise

>>24598482
But to sell SPY cash covered puts you need over 30k $

>>24598635
>If we dip to $14 I'll just buy more anyways lol
this is another point on why I'm bullish on GME

so many bullish shareholders sold off on Monday and are waiting to see what happens on Q3.
Even with a shitty Q3, credit rating upgrades are overdue for GME as they pay off their 2021 bonds early. I presume there plenty of institutions who are waiting on the sidelines but just have strict criterias on what they're allowed to hold (namely GME's shitty credit rating and it being practically a penny stock to most institutions back then, but now it's holding above a 1 billion market cap)

>>24598711
Honkler was a cringe normalfag meme forced by the CIA

>>24598751
>Series X $835
>Series S $471
b-but muh blockboster

>>24598751
no the new console demand is very real i know people who have them already

and it would be stupid not to get a xbox series x its subsidized by microsoft and the equivalent gaming pc would be like 3 grand in comparison

>>24598751
>people waiting in lines buying consoles just wanted to flip them since they can't pay rent or buy food.
so who's paying for them lol
what kinda brainlet argument is this?

tell me you're the same person as pic related

'ate peepee
luv poopoo

Simple as.

>>24598802
Lol saved

>>24598598
It’s a stupid meme that started out as an attempt to ruse a bot scouring /smg/ and /biz/ in general for stock tips (allegedly). It seems like something a few spergs ITT cooked up in discord.

Thoughts on weed stocks? Will SNDL always be a meme or is the 0.66$ price a bargain?

>>24598795
>and it would be stupid not to get a xbox series x its subsidized by microsoft and the equivalent gaming pc would be like 3 grand in comparison
lol kpop schizo

the xbox x's are a great value for their specs, but they're not that good. Guesstimate probably an $800-$1000 budget to match it with a gaming PC build. Xbox X would definitely be a steal if someone finds a way to run more than just Retroarch on it

>>24596907
futes rippppppin

>>24596935

>>24598668
It’s a brain dead easy %30. That company isn’t going anywhere, it helped beat the Nazis and makes a world class product.

>>24598855
>helped defeat the Nazis
Disgusting.
I will invest in uranium instead.

>>24598668
are you actually retarded

>>24598841
$1500 value if youre a pc gamer i almost cant justify not getting it if im in the pc building market if i got one for 500$

plus its a netflix device and roku and all that shit combined
https://www.pcworld.com/article/3591584/can-you-build-a-ps5-or-xbox-series-x-pc-for-800.html

baking

>>24598841
I stopped caring about consoles until I realized their potential as big sexy streamlined emulation boxes, although I doubt this would catch on with general consumers.

>>24598751
Who cares? The console is sold.

>>24598843
?

unironically why can't we use stocks as a currency?

>I'll send 1 AAPL share to your account for a blowjob
>Yes, I'll buy this cabin for 30 PLTR shares

Is it just a taxes thing?

>>24598855
>>>24598668
>it helped beat the Nazis

Limit buy canceled. Friendship over Rolls-Royce

>>24598878
>i almost cant justify not getting it if im in the pc building market if i got one for 500$
i dont believe anyone found a way to pirate PC games on it so i'm not convinced yet
what's the point of saving like $500 on specs when you spend more than that in buying games from a locked ecosystem (so not even Steam with cheap ass prices)

I'd be all over an Xbox X for sure if someone finds a way to run more than Retroarch, but right now I'm not in any rush. I'ld rather use my GME gains to build a new PC

>>24598450
You're having trouble because you're a brainlet but I'll help you. They sell the console at a loss and can make money back via subscriptions which everyone gets.

freshly threaded bread @_@

>>24598908
>>24598908
>>24598908

freshly threaded bread @_@

>>24598908
>>24598908
>>24598908

>>24598916
Stocks fluctuate in value much more than USD

>>24598916
Stability. It'd be a pain to constantly keep track of the value changes.
UNLESS we use Microsoft, which is more stable than the dollar and will never go up or down.

>>24598855
>makes a world class product
they outsource their production like everyone else. theyre just a conceited boeing with an ear grating accent. ive seen people sleep on the job at pratt but only a whole shift asleep at rolls

>>24598916
Volitility, and the gov doesnt control it. Same reasons we wont be using BTC

>>24598756
Can’t have your cake and eat it m8
You either run the wheel with a stable stock and enjoy harvesting premiums without fear......or buy a volatile as shit stock and enjoy better premiums but have the risk that this could collapse any second.

https://www.mining.com/iron-ore-prices-are-going-ballistic/

CLF

>asteroids have gold on them therefore gold is not a safe store of wealth

just sold, thank you for this alpha, master rothschild

>>24598843
Finally a red day.

>>24598885
I still don't understand why Microsoft just doesn't go the console-PC hybrid route

I'd easily pay $700 for the Xbox X if it wasn't a locked ecosystem. The allure of a reasonably priced gaming PC is nice. They can definitely make it cheaper than building your own PC just because of their larger scale of operations
>AMD Zen 2
>1TB SSD
>16GB GDDR6 (note: GDDR6 actually matters a lot for AMD)
>US$460 in Canada prices
heck I might even pay $800 just for the convenience, and it'd still be a worthwhile price to pay compared to overpriced gaming PCs

also unlike the PS5, the Xbox X actually has proper cooling and I haven't heard about throttling issues on it yet so the specs aren't just on paper

>>24599097
Because then you wouldn't have to buy the same AMD silicon twice.

>>24598916
Guess what the USD is.

>>24597359
>Don't really get why (dividend stocks) are held in high regard
Dividends signal stability and profit. Starting and maintaining a dividend shows that your company is able to meaningfully extract reliable profits and send them back to shareholders. Tech sectors usually just reinvest profits so you don't get big dividends on those stocks, but consumer goods don't have as much room for expansion and new ideas. Dividends are also nice because its like you're cashing out some of your growth without selling
>500 shares of non-dividend stock, must sell shares if you want to get the money and reinvest in other things
>500 shares of dividend stock, able to hold position of 500 shares while collecting dividends to reinvest in other things
Dividends are A+ for old people and long term bagholder type investors. Most old people started investing pretty late compared to when young people start investing, which is why you see the high dividend boomerfolios as a common strategy with old people. Meanwhile, young people favor growth and more explosive stocks because going back to work at 25 is infinitely easier than at 65

Google “hold tqqq” it’s not that easy but I do it anyways. Up 30%

>>24600000
...

>>24600000
I'm up 24600000% after reading this post