/smn/- stock market normal people thread

[Anonymous No.18803256]

This is the thread for regular people who just have cash brokerage accounts. We cant day trade, buy on margin, and don't have 100k to get approved for options trading. If you are a noob or just dont have a lot to invest with this is the thread for you. Rich bois welcome to give advice. What are everyones plans for buying the dip today?

[Anonymous No.18803472]

>>18803256
Get out. Wait for bottom next week then buy.

[Anonymous No.18803473]

See this is why I call it smg - normal people thread,because otherwise people can’t find it through all the crypto crap

[Anonymous No.18803495]

When I make it smn it’s harder for people to find. Bump

[Anonymous No.18803518]

>>18803472
What makes you think the trend will keep going? Couldn’t it be a temporary reaction to oil companies earnings reports? States are starting to open up like Texas today, people need gas

[Anonymous No.18803667]

I was wondering how those fuckers in /smg/ were trading so much. Do they really have money or are they just running a simulator?

[Anonymous No.18803833]

>>18803256
KWWWIIIIII

[Anonymous No.18803894]

>>18803667
i cant honestly tell you, but I think most of them are probably simulating. I doubt a lot of people are trading options with normal brokers, which usually require you to apply and have requirements of 20k-50k in your balance. So my guess is they are using stuff like thinkorswim through TD Ameritrade, which lets you use margin and lower capital requirements or whatever to make calls. It just seems unlikely to me that people who actually are making that much money are wasting their time on /biz/. Someone correct me if im wrong, I am a noob afterall

[Anonymous No.18803958]

SEC should just straight lynch Musk this time

[Anonymous No.18803960]

I KNOW
I KNOW IVE LET YOU DOWN

[Anonymous No.18803962]

i love elon musk!

[Anonymous No.18803976]

>>18803960

[Anonymous No.18803981]

>>18803256
Robinhood approved me for options with $6 in my account

[Anonymous No.18803986]

>>18803960
IVE BEEN A FOOL TO MYSELF
I THOUGHT THAT I COULD LIVE FOR NO ONE ELSE

[Anonymous No.18803989]

Fuck your gay ass imitation thread OP.

[Anonymous No.18803990]

GIVE ME BACK MY MONEY YOU DUTCH FUCKS. Save me Trump from the Orange menace.

[Anonymous No.18804009]

>>18803894
I was pumped when I had 500 bucks just to play around with. Went on thinkorswim and my account got suspended for 3 fucking months. Nobody told me you needed more than 25k to actually do anything.

[Anonymous No.18804025]

I sold FRO and half my NAT yesterday so I could reinvest in all the other stocks I've been watching that were going up. Now NAT is slightly up and everything is going down. I'm a poorfag down 200 bux I shoulda just yolo'd that UAVS shit and tripled my money

[Anonymous No.18804030]

all it's take is one tweet to tank everything unlimited qa, bitcoin halving, etc. why is elon so based bro.

[Anonymous No.18804034]

Fucking hell, portfolio is down 7.5%. Only thing Im not losing my ass on are those tankers.

[Anonymous No.18804058]

>>18803667
Most are just LARPs

[Anonymous No.18804080]

>its an elon musk tanks the stock market episode

[Anonymous No.18804088]

>>18803256
All in on MVIS until conference call next friday

[Anonymous No.18804107]

Very healthy market bulls. Really cool V shape recovery.

[Anonymous No.18804108]

Tvix

Over 20% gain in a day
I went all in 1 week ago

[Anonymous No.18804117]

>>18804088
Microsoft buyout?

[Anonymous No.18804137]

>>18804025
Gin me dats chink pussy
>>18803256
Why did you fuck this up so badly?
You did this on purpose again didn’t you?

[Anonymous No.18804143]

this thread sucks

[Anonymous No.18804155]

>>18804143
Go LARP in /smg/

[Anonymous No.18804159]

>>18804025
Same lol, I could have bought in at .6 but I thought" this is a really bad scam, no one would actually fall for this". Turns out reddit fell for it and pushed it to robinhood and it blew up.

[Anonymous No.18804168]

>>18803667
get a job

[Anonymous No.18804188]

>>18804009
Yeah options trading is supposed to be for pro investors to minimize losses, not to be used a a gambling tool. So they have large capital reqs since its risky. I feel as if people with that money dont actually use biz lol.

[Anonymous No.18804190]

>>18803518
I live in Texas. I don't know a single desk job worker, from secretary to CEO, who wasn't told this week to expect to work from home till at least the end of May. Also, opening early guarantees a second outbreak.

[Anonymous No.18804222]

>>18803256
you don't actually need to be approved to trade options. Only selling options would require a margin from you.

[Anonymous No.18804358]

who /Vanguard/ here?

[Anonymous No.18804375]

Im holding a shit ton of RTX, until it bounces back i cant even buy all these cheapies next week

[Anonymous No.18804395]

Any OKE, RTX, or TOT brothers here?

[Anonymous No.18804418]

>>18804190
>Also, opening early guarantees a second outbreak.

I dont understand why people say this. You realize that there is no opening "early", right? The virus is here to stay and the only reason for the lockdown was to make sure hospitals dont become overburdened. Theyre relaxing restrictions and watching hospitals closely to see if they get to a point where it's looking like they'll be overburdened, and if it is, then they'll stop at whatever restrictions they currently have in place. If hospitals continue to be able to handle the influx, then things will continue to return to normalcy while we open things up again.

The point of lockdowns isnt to prevent corona deaths. Those are going to happen anyway unless people stay locked up inside for the rest of their lives/until they maybe develop an effective vaccine/treatment.

[Anonymous No.18804420]

>>18804375
>>18804395
ask in /smg/ instead
OP is cancer

[Anonymous No.18804449]

>>18804088

MOON MISSION

LETS GOOOOOO

[Anonymous No.18804451]

I’m actually loving Elon shitting on Tesla cause I’d love to get my hands on some but damn I can’t afford to throw $700 on a single share

[Anonymous No.18804452]

>>18804420
not nice bro. what is so bad about having two stock threads? this one is for people who have no use for half the crap posted in smg. Why do people in smg act like redditors and get anal about thread consolidation?

[Anonymous No.18804488]

>>18804395
OKE looks really good actually. I might pick a few shares up.

[Anonymous No.18804515]

>>18804451
I would probably buy a share for 200$

[Anonymous No.18804534]

>>18804418
If this wasn't an election year and senior citizens weren't simultaneously both the most affected by Corona and invested in politics, you'd be right. Shit, if it wasn't an election year, there's a chance Trump would've just straight up said, "lol, don't care, economy".

[Anonymous No.18804538]

>>18804452
if trading makes you squirm like a little pussy then you should just lurk for awhile, not split threads

[Anonymous No.18804544]

>>18803473
>normal people thread
How about a stock discussion thread?
The problem that smg has is that too many people are just larpers,memers and absolute illiterate brainlets. Remember pre october last year? 1 single thread was enough for a day. Now it's just
>new thread
>spam
>new thread
>spam
>...

[Anonymous No.18804557]

>>18804452
Because /smg/ is reddit

[Anonymous No.18804593]

>>18804534
Yeah but it's mostly liberals and blacks who are dying, republicans are the ones who are angry about the lockdown and think its bullshit.

[Anonymous No.18804595]

Musk is getting even more retarded and the stock is going up. LITERAL RETARD STRENGTH

[Anonymous No.18804636]

>>18804544
i have no problem if you want to make one, or use this one for stock discussion. I think a big part of it was that when crypto was huge a few years ago thats all anyone talked about, but after the burnout from the crypto scams now people are getting into stocks.

[Anonymous No.18804861]

>>18804636
>i have no problem if you want to make one, or use this one for stock discussion
I'm suggesting to work out a concept for a smg parallel thread. Aimed at people who want to discuss investing, stock picks, options... at a non memery level. Slower, comfy and higher quality.
Make it unattractive to brainlets so that they default to smg.
>No "General"
I don't know what it is about that word but it always attracts brainlets and autists.
>No acronym
Makes it a little bit harder to find.
Not as memery
>No OP pasta
Either no OP pasta or put some math and uni level text book exerpts in the op.
> I think a big part of it was that when crypto was huge a few
I don't know what it is. I started end of last year already and corona gave it the rest.

[Anonymous No.18805030]

>>18804190
>expect to work from home till at least the end of May.
So... their jobs are secured? This is bullish.

[Anonymous No.18805101]

>>18804595
Musk did too much cocaine this morning and is manicposting

[Anonymous No.18805131]

>>18804861
I like the sound of it, go for it man. Serious discussion with a few memes is infinity better than brainlets spamming crap

[Anonymous No.18805173]

Looking for opinions on FAST. I'm thinking of investing soon. Debt is 0.49 years of cash flow it has a ROE of 30.77 and a ROIC of 25.99 and has a pretty decent moat. I've done many valuations and I know the price I want to pay for it it's not anywhere near that price now but what does the internet think?

[Anonymous No.18805260]

>>18805173
It's extremely overvalued right now. I wouldn't buy for less than $30 and that's still pushing it because I'm so uninterested in the company I would only get in at $8.7 (which I realize is severely undervalued).
If you really want it, write puts until you get assigned. This will at least lower your cost basis enough that it might be worth getting at market price.

[Anonymous No.18805299]

>>18805260
Oh no no no I'm sitting all in cash right now I have nothing but time. My buy price is way way way lower than 30 bucks a share

[Anonymous No.18805318]

>>18805299
Then maybe keep an eye on it, but don't count on ever getting it. Look for other options to fill your portfolio.

[Anonymous No.18805331]

How long will it take for the economy to get better after a vaccine is released?

[Anonymous No.18805453]

>>18805131
I don't wanna commit to it just yet. This idea will not develop momentum without a small following at the start cause I won't always be here to shill it and make threads. I also want a consesus about the OP first.

[Anonymous No.18805647]

>>18805318
I follow the Charlie Munger, Warren Buffett, Phil Town style of value investing the money isnt made on the buying or the selling of a stock it's made in the waiting. Am I able to understand the business. Is there some kind of moat or intrinsic durable competitive advantage? How is management doing? And finally the price has to make sense with a margin of safety due to the natural vicissitudes of life. If you have all that buy buy buy

[Anonymous No.18805713]

>>18805647
Oof dude, you'll lose everything you invest. That is, if you're lucky. Their boomer style never actually worked, they just rode the wave. Basically like saying you don't need to work to survive (because nigs get free gibs - though you wouldn't).

[Anonymous No.18806100]

>>18805713
Right that's why Warren Buffett and Charlie Munger, Carl Icahn, David Einhorn, mohnish pabrai, guy spier are all broke lol. Buy when there is blood in the streets and wait in cash until then. Look at the Wilshire GDP the market is way way overbought and overvalued.