Commissar SFLUFAN Posted July 19, 2021 Share Posted July 19, 2021 With the markets being down a fair bit today, CNBC has trotted out one of their "concerned trader" pictures for the website: 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted July 19, 2021 Share Posted July 19, 2021 MRNA, NVAX, and BNTX are up doe. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 19, 2021 Share Posted July 19, 2021 DJIA was down 920 points at one point and Morgan Stanley is calling for a pretty significant correction: Quote The market appears ready to take on a more defensive character as we experience a meaningful deceleration in earnings and economic growth,” Morgan Stanley chief U.S. equity strategist Mike Wilson said in a note Monday. “Market breadth has been deteriorating for months and is just another confirmation of the mid-cycle transition, in our view. It usually ends with a material (10-20%) index level correction.” Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 19, 2021 Share Posted July 19, 2021 THERE HE IS! 1 2 Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted July 20, 2021 Share Posted July 20, 2021 Who are all those guys on the floor with the jackets with patches and stuff? I've always wondered. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted July 20, 2021 Share Posted July 20, 2021 10 hours ago, GeneticBlueprint said: Who are all those guys on the floor with the jackets with patches and stuff? I've always wondered. It's a dumb, dumb culture. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted July 20, 2021 Author Share Posted July 20, 2021 11 hours ago, GeneticBlueprint said: Who are all those guys on the floor with the jackets with patches and stuff? I've always wondered. It's their flair. They're required to have at least six pieces of flair. His manager probably noticed that he's only wearing the minimum amount of flair required 3 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 20, 2021 Share Posted July 20, 2021 14 hours ago, GeneticBlueprint said: Who are all those guys on the floor with the jackets with patches and stuff? I've always wondered. They're the actual traders for the NYSE. Why the New York Stock Exchange (NYSE) still has human brokers on the trading floor — Quartz QZ.COM Execs acknowledge that the traders are useful for marketing, but say there's more to it than that. Quote Link to comment Share on other sites More sharing options...
Jason Posted August 4, 2021 Share Posted August 4, 2021 Man, I should have gone all in on BNTX at <$100. Some nice gains but I could have hit it big. Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted August 4, 2021 Share Posted August 4, 2021 MRNA man Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted August 4, 2021 Share Posted August 4, 2021 On 7/20/2021 at 1:36 PM, Commissar SFLUFAN said: They're the actual traders for the NYSE. Why the New York Stock Exchange (NYSE) still has human brokers on the trading floor — Quartz QZ.COM Execs acknowledge that the traders are useful for marketing, but say there's more to it than that. I just want to make note. Those people on the trade floor are some of the most insufferable asshats I've ever worked with. I did one year of IT support for the team from Deutsche Bank and it was horrible. Nothing like talking to some dudebros with wildly inflated egos freaking out because they're hung over and can't remember a password or something. 2 Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted August 4, 2021 Share Posted August 4, 2021 I sold AMC and am now on team AMD. To the moon hopefully. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted August 14, 2021 Share Posted August 14, 2021 On 8/4/2021 at 6:39 PM, Zaku3 said: I sold AMC and am now on team AMD. To the moon hopefully. 0dte calls like a true degenerate Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted August 14, 2021 Share Posted August 14, 2021 4 hours ago, Spork3245 said: 0dte calls like a true degenerate How do I gain this power? Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted August 14, 2021 Share Posted August 14, 2021 3 hours ago, Zaku3 said: How do I gain this power? Learn to read tape, volume, and price action. Also, sacrifice 3 small or medium sized animals daily. Quote Link to comment Share on other sites More sharing options...
Kamusha Posted August 14, 2021 Share Posted August 14, 2021 Anyone have some stock tips? Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted August 14, 2021 Share Posted August 14, 2021 AMD is one of the stocks I bought during the pandemic crash. Wish I would have bought NVDA instead but its done ok so far. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted August 14, 2021 Share Posted August 14, 2021 1 hour ago, Komusha said: Anyone have some stock tips? Don't. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted August 16, 2021 Share Posted August 16, 2021 The only things (that I think are undervalued or will go way up in several years) that I’m actually investing in for the long term (not trading) right now are… PDSB - oncology. They have a COVID vaccine that the MCIT is funding as well, but I really don’t give a crap about that. Their Versamune platform/tech could change the world. If their COVID vaccine is successful, it should double as a treatment due to how Versamune works. In 2-3 years, this will be a monster. I bought a bunch in the $4s after speaking to their IR head to clarify some stuff. https://www.pdsbiotech.com/images/MOA_Video.mp4 WISH - I just purchased this on Friday morning after the underwhelming ER made it tank to the $6s from overreaction. There was a lot of Twitter-hype on this that’s now dead, so now it’s worth looking at, IMO. VFF - been swinging this and trading it around a core. Unlike SNDL and TLRY, they’re a legit company that’s been buying up tons of land in Texas, currently growing hemp but are ready to switch to weed overnight once federal legislation happens (or it’s legalized in Texas). These are investments, not trades. OCGN should run hard again once they announce submission of BLA. This is a trade and if you can’t watch it or get alerts then don’t bother with it. I’m not holding beyond BLA submission except for maybe 100-200 lotto shares, though. If it gets approved, it’s going get nutty, if denied, it’s going back to $2s. Manage your own risk, do your own research, figure out what price to enter at. Don’t listen to me, or other people - only listen to yourself. Quote Link to comment Share on other sites More sharing options...
Jason Posted October 1, 2021 Share Posted October 1, 2021 This week has been brutal. 1 Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted October 15, 2021 Share Posted October 15, 2021 Good thread and the umpteenth example of how companies nickel and dime their employees, obfuscate, and withhold data in the interest of keeping wages low and shareholders rich. 1 Quote Link to comment Share on other sites More sharing options...
cusideabelincoln Posted October 16, 2021 Share Posted October 16, 2021 Corporate incentives for hourly workers are such a sham. If we don't reach near our max incentive, based on arbitrary goals set by the company, management will demean us with comments such as, "You guys are not doing so good." "You should be doing better." "You're costing yourselves money in your pocket for not being more productive." Yet they want to consider that pay a "bonus" to us but don't consider the production we have to do a "bonus" for the company. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted October 19, 2021 Share Posted October 19, 2021 SEC: GameStop Frenzy ‘Tested the Capacity and Resiliency’ of Stock Market WWW.VICE.COM The agency's report dismissed many of the key theories and narratives surrounding how and why GameStop's stock rallied. Quote On Monday, the Securities and Exchange Commission finally released its report on the frenzy of retail trader activity surrounding GameStop's short squeeze and the skyrocketing value of various "meme stocks" and found that the episode “tested the capacity and resiliency of our securities markets in a way that few could have anticipated.” “At the same time, the trading in meme stocks during this time highlighted an important feature of United States securities markets in the 21st century: broad participation,” the report noted. “Underneath the memes are actual companies, with employees, customers, and plans to invest in the future. Those who bought GameStop became co-owners of a company through a system of mutual trust and participation that sustains our economy. People may disagree about the prospects of GameStop and the other meme stocks, but those disagreements are what should lead to price discovery rather than disruptions.” The SEC report does not mention any alleged collusion and adds that while some hedge funds were hurt by the frenzy, others profited handsomely because they were long on GameStop or because they joined the rally for profit. “Staff believes that hedge funds broadly were not significantly affected by investments in GME and other meme stocks,” the report reads. The report also goes so far as to question whether a short squeeze had any significant effect. A short squeeze is, typically, when short sellers betting against a company’s success are forced to buy shares to cover their short positions. This may force other short sellers to exit their short, pushing the price even higher. The idea with GME was to buoy the stock’s price, forcing short sellers to lose their bets and cover their shorts. "The underlying motivation of such buy volume cannot be determined; perhaps it was motivated by the desire to maintain a short squeeze," the SEC writes. "Whether driven by a desire to squeeze short sellers and thus to profit from the resultant rise in price, or by belief in the fundamentals of Gamestop, it was the positive sentiment, not the buying-to-cover, that sustained the weeks-long price appreciation of Gamestop stock." The alternative explanation of a “gamma squeeze,” which retail traders insisted was another driver of Gamestop’s price momentum, was also dismissed in the report. This is when a market maker that sells a call option—a contract where you buy a stock at a set price in the future in anticipation of an increase—must now buy the stock as it rises to hedge potential losses, thus adding more upward pressure. The SEC argued this didn’t occur in GameStop’s case, because gamma squeezes are driven by a huge increase in call option purchases. Instead, put option purchases—the opposite of call options, featuring a contract to sell a stock at a set price in anticipation of a decrease—drastically increased from $58.5 million on January 21 to $563.4 million on January 22, and then to $2.4 billion on January 27. Even the notion that there was an unusual amount of short selling going on with the GameStop stock is debunked in the SEC report, one of the key explanations offered by message board traders as to why they launched their war against hedge funds. Naked shorts are positions taken without borrowing the stock itself, in other words an uncovered short position. The SEC found that "GME did not experience persistent fails to deliver at individual clearing member level" suggesting there were not a significant amount of naked shorts as online communities insisted. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted October 19, 2021 Author Share Posted October 19, 2021 It's still worth like $200/share lmao Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted October 19, 2021 Share Posted October 19, 2021 You mean it wasn’t really about sticking it to short investors and all that noise was a way to get attention to the grift so that certain people could profit? You don’t say, you don’t say. Quote Link to comment Share on other sites More sharing options...
Jason Posted October 25, 2021 Share Posted October 25, 2021 TSLA 👀 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted October 25, 2021 Share Posted October 25, 2021 2 minutes ago, Jason said: TSLA 👀 Tesla briefly hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles WWW.CNBC.COM News of the deal brought Tesla's stock to a record high, one trading day after shares hit a record high. Quote Link to comment Share on other sites More sharing options...
Jason Posted October 25, 2021 Share Posted October 25, 2021 16 minutes ago, Commissar SFLUFAN said: Tesla briefly hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles WWW.CNBC.COM News of the deal brought Tesla's stock to a record high, one trading day after shares hit a record high. Yeah I saw, TSLA was already spiking last week before this was known too. Quote Link to comment Share on other sites More sharing options...
elbobo Posted October 25, 2021 Share Posted October 25, 2021 to put that in perspective Toyota's market cap is only 282 billion, they are next largest automaker by cap and by EPS and actual number of cars produced they kill Tesla. Quote Link to comment Share on other sites More sharing options...
69los Posted October 25, 2021 Share Posted October 25, 2021 Anybody still in on Ocugen? I checked their reddit and it shot up today because EU and approval is expected soon. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted October 26, 2021 Share Posted October 26, 2021 11 hours ago, 69los said: Anybody still in on Ocugen? I checked their reddit and it shot up today because EU and approval is expected soon. Today is the decision-day by the WHO. It actually is meaningless for OCGN as they only have rights to the US and Canada for Covaxin, but expect it to run a bit today due to the market not caring about nuance. Quote Link to comment Share on other sites More sharing options...
Brian Posted October 26, 2021 Share Posted October 26, 2021 33 minutes ago, Spork3245 said: Today is the decision-day by the WHO. It actually is meaningless for OCGN as they only have rights to the US and Canada for Covaxin, but expect it to run a bit today due to the market not caring about nuance. You still doing the daily stonk grind? Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted October 26, 2021 Share Posted October 26, 2021 1 hour ago, ManUtdRedDevils said: You still doing the daily stonk grind? Yes. Been playing options and bio swings the past couple of months Quote Link to comment Share on other sites More sharing options...
Brian Posted October 26, 2021 Share Posted October 26, 2021 10 minutes ago, Spork3245 said: Yes. Been playing options and bio swings the past couple of months How are the options treating you? I typically stay way from those. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted October 26, 2021 Share Posted October 26, 2021 6 minutes ago, ManUtdRedDevils said: How are the options treating you? I typically stay way from those. Well. Only play them on large caps and some mid caps. Small caps are already cheap and volatile, you'll get crushed. Quote Link to comment Share on other sites More sharing options...
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