~* The official thread of stonks, tendies, safe, sound and very real professional financial advice *~

[CayceG]

What are the odds this snowballs and crashes the stock market?

[BloodyHell]

Just now, CayceG said:

What are the odds this snowballs and crashes the stock market?

If i suffer a little for them to suffer a lot, I can live with that.

[mclumber1]

What's the best way to get in to (non physical) silver?

[Joe]

16 minutes ago, BloodyHell said:

 

 

They seem to think they created a stock singularity since the hedge funds can't possibly buy all the stock they need.

 

 

Lmao

[Massdriver]

Silver is thin enough that if everyone got on board, they could trigger a major price increase. I’m just skeptical that it’ll happen.  

[BloodyHell]

1 minute ago, mclumber1 said:

What's the best way to get in to (non physical) silver?

Not trading advice*

We put money into Pan Am and a couple of others.

[Massdriver]

5 minutes ago, mclumber1 said:

What's the best way to get in to (non physical) silver?

SLV. They buy physical silver to back it up. 
 

Otherwise you are betting on mining companies. 
 

I avoid any etfs that trade in silver futures. 
 

Edit: None of this is investment advice. My actual advice is boring indexing funds. 

[CitizenVectron]

52 minutes ago, Massdriver said:

SLV. They buy physical silver to back it up. 
 

Otherwise you are betting on mining companies. 
 

I avoid any etfs that trade in silver futures. 
 

Edit: None of this is investment advice. My actual advice is boring indexing funds. 

 

My boring index funds grew by 12% this year and 20% the year before (not including contributions). Day trading can be fun, but steady contributions to tax-sheltered index funds are the simplest and easiest way to accumulate retirement savings.

 

It helps that my employer matches 100% up to 7.5% of my salary, and I am very lucky for it.

[Joe]

The Exhausted Millennial(@theexhaustedmillennial) on TikTok: This Twitter exchange is a VIBE #stockmarket #gamestop #aoc #tedcruz #eattherich #nailedit

VM.TIKTOK.COM

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This Twitter exchange is a VIBE #stockmarket #gamestop #aoc #tedcruz #eattherich #nailedit

 

Good night everybody. Tomorrow we go to the moon.

[Brick]

So what exactly is the plan? Hold until Friday, and then sell all at once before the market closes at the end of the day? 

[Spawn_of_Apathy]

1 minute ago, Brick said:

So what exactly is the plan? Hold until Friday, and then sell all at once before the market closes at the end of the day? 

I may understand next to nothing, but I though the plan was to hold until the hedge fund has buy back the stocks at the higher price, which will kill them, and increase the value of the stocks even more, then you sell. 
 

you make money and the hedge fund was forced to buy billions in a stock that immediately tanked. 
 

but again, I understand almost nothing when it comes to the markets. 

[SuperSpreader]

8 minutes ago, Spawn_of_Apathy said:

I may understand next to nothing, but I though the plan was to hold until the hedge fund has buy back the stocks at the higher price, which will kill them, and increase the value of the stocks even more, then you sell. 
 

you make money and the hedge fund was forced to buy billions in a stock that immediately tanked. 
 

but again, I understand almost nothing when it comes to the markets. 

Yes, this 

[SuperSpreader]

NOK or AMC?

[LazyPiranha]

I understand literally none of this, but the first one of your fuckers that makes a million off of this had better buy me a sandwich or something.

[Jason]

omgomgomg

 

 

[Guest]

2 minutes ago, LazyPiranha said:

I understand literally none of this, but the first one of your fuckers that makes a million off of this had better buy me a sandwich or something.

 

[Jason]

I'm going to die of a permanent erection if it actually hits a dollar. 

[cusideabelincoln]

I guess no place is accepting new accounts? lol

[ThreePi]

3 minutes ago, cusideabelincoln said:

I guess no place is accepting new accounts? lol

Chase hasn't been letting me sign up for a brokerage account. Probably for the best, I have spare money I can afford to invest but maybe I should wait until a more responsible time.

[osxmatt]

Buy orders are available again on Robinhood. Reminder, if you place an order now it won't fill until 930am at market open. But early trading starts at 9am at which time you can place and fill orders.

 

Also looks like you can only buy full shares, which I suspected would be the case.

[Jason]

8 minutes ago, osxmatt said:

Buy orders are available again on Robinhood.

 

Reminder, if you place an order now it won't fill until 930am at market open. But early trading starts at 9am at which time you can place and fill orders.

 

It's also probably a good idea to do any transactions as limit orders even if you're doing things live, with how absurdly volatile this is you don't want to do market orders and then have the order execute for a hugely different number than you were expecting.

[Brian]

40 minutes ago, Jason said:

I'm going to die of a permanent erection if it actually hits a dollar. 

How do you even buy DOGE?

[Guest]

2 minutes ago, ManUtdRedDevils said:

How do you even buy DOGE?

Gotta buy something else, like BTC, then trade that for the DOGE.

[Jason]

Just now, ManUtdRedDevils said:

How do you even buy DOGE?

 

I know Robinhood has it, if you're still willing to fuck around with them. You can also buy it on exchanges like Kraken. But I'm sitting on a bunch that I mined back in 2014 back when mining it was still possible, so I'm just waiting for it to get close to a dollar and then I'll move everything over to Kraken and sell. I held off when dogecoin hit $0.018 a couple of years ago because it was a cool bit of cash but not an amount I needed...very glad I HODLed now.

[Jason]

Just now, sblfilms said:

Gotta buy something else, like BTC, then trade that for the DOGE.

 

Robinhood has direct USD/DOGE transactions but LOL Robinhood. You can also buy it directly with USD via Kraken but getting verified can be a pain and moving USD in is...interesting.

[vaxick]

1 minute ago, Jason said:

 

I know Robinhood has it, if you're still willing to fuck around with them. You can also buy it on exchanges like Kraken. But I'm sitting on a bunch that I mined back in 2014 back when mining it was still possible, so I'm just waiting for it to get close to a dollar and then I'll move everything over to Kraken and sell. I held off when dogecoin hit $0.018 a couple of years ago because it was a cool bit of cash but not an amount I needed...very glad I HODLed now.

 

I wish I sold my Mintcoins for Dodge.  I mined them when I wanted to try mining as the premise seemed interesting and the coin has dipped to shit value.  I have 2.5 million of the damn coins. 

[Jason]

3 minutes ago, vaxick said:

 

I wish I sold my Mintcoins for Dodge.  I mined them when I wanted to try mining as the premise seemed interesting and the coin has dipped to shit value.  I have 2.5 million of the damn coins. 

 

2.5 million DOGE? If so I'd seriously start considering selling off in bits and pieces on the way up in case it turns back down, I only have 70k DOGE so I need it to hit a big number like $1, maybe 50¢, before I sell. 

[Guest]

@ManUtdRedDevilsI’m saved

[Joe]

2 minutes ago, sblfilms said:

@ManUtdRedDevilsI’m saved

Carlos Correa is on the board at Robinhood. I can feel it.

[Guest]

Just now, Joe said:

Carlos Correa is on the board at Robinhood. I can feel it.

Get behind me, Satan

[vaxick]

6 minutes ago, Jason said:

 

2.5 million DOGE? If so I'd seriously start considering selling off in bits and pieces on the way up in case it turns back down, I only have 70k DOGE so I need it to hit a big number like $1, maybe 50¢, before I sell. 

 

2.5 million Mintcoins.  It's worth less than $100 (Edit: $164 today).  Was worth around $500 for a long time, but I just kinda forgot about it and just checked it when I remembered I had it on a USB drive.  If it ever jumps up again, I'll probably sell it all.  

[Guest]

Confused man buys physical AMC location

VELVETHAMSTER.COM

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A first-time investor has bought a physical AMC Theaters location in his neighborhood after misunderstanding what the fuss was today in the stock market. Ralph Maller, 34, told his friends...

OK, so this is actually what I did this morning. I’m such an idiot.

[LazyPiranha]

1 hour ago, sblfilms said:

 

Real talk if you hit a million I will happily make arrangements to go to one of your theaters but I want you to play some dumbass movie of my choice for one night only.  You can upsell me on the popcorn if it makes you feel better.  

[LazyPiranha]

That upvote is a legally binding contract sir.  

[thedarkstark]

I got in on AMC today when it dropped to 7.50 I bought 50 shares. If I make a couple grand that'd be amazing, but I'm really just here to be a part of history.