Y’all be careful ,…I did extremely well from plays here…but I also lost ALOT (100k) bag holding and trying to rally… don’t get emotionally tied to these plays and communities…get in and out.. this post will get hate but just want you guys to be safe,
How do all my WSB brothers feel about SPRT and this squeeze/merger going into next week? The DD and Data is looking quite impressive now! Now I am no expert but I’ve been reading ALOT! is this the next play before the others? How are you guys feeling about the DD done.
Can anyone explain how the class action lawsuit will go down if it actually happens? I feel that the money we would get for a lawsuit payout would be ALOT less than what we would get for buying and holding?... but I don't know shit. Will the tickers be stopped? Will we still own our shares?
Why is D O G E disallowed on wallstreetbets? D O G E is such a relevant subject right now I feel like it would be better if we were allowed to post about D O G E. What do you guys think? Should we petition the sub to allow people to discuss D O G E?
Well aren't you lucky..........$2000 is just measly pocket change to you. Some people aren't so fortunate. $2000 is ALOT of money for them. Remember all the articles and news spots discussing a living wage?? People working at McDonalds, Walmart, the coffee shop you may frequent are struggling to put gas in their cars to get to work (never mind the expense of trying to maintain that vehicle). Electricity rates just doubled in most the regions in the US.........that's an extra expense they weren't planning on. Food on the table...........milk, eggs.....the staples have all more than doubled. Think those pay raises are keeping pace with inflation and cost of living increases?? Nope. So instead of answering the question it just makes you feel better to put someone down from safety of being behind your keyboard, Capt Courageous...........nice. With a smidge more effort you could provide a bit of positive feedback. Instead..........hey, lets kick the guy while he's down. He can here looking for some answers and educated opinions. Nope.......I'll give him some negative sarcasm and make shallow tiny ego feel a smidge better. Today is Thanksgiving here in the US. I give Thanks that I have a happy and healthy family. That we have the freedom to criticize our government without fear of being locked up for our beliefs or statements. We don't have to dodge bullets or missiles that are trying to take us out of existence. So before you decide to type into the ether world a dismissive belittling response...........STOP.........think about how fortunate you maybe and how other people may not be in the same economic position as you. To the OP: I hope you get some answers. Nobody knows the future regarding anything. And to ALL...........Happy Thanksgiving!! Good luck out there!!
Allot of them do that even if if they don’t need to . My company has had 2-3% layoffs or RIF every year . Yet we are headcount positive looking back 5 years. There are many roles that evolved but the employees didn’t also ALOT of underperforming employees are let go and new talent his hired. Teach isn’t all 20-30 year olds these companies are decades old and there are a lot of 60year olds . Good thing is the severance package is very good so every round there are folks that volunteer and take early retirement. Never a good thing to hear someone loose their job, but I would rather it be a person who is willing to do it and ready for it than an unsuspecting soul. I think we still have more pain to come, wether the market already priced all this in and will Go up due to reduced rate hikes it’s anyone’s guess .. I have been replying my cash in small batches past few weeks still holding on to some cash .
Medical student here. No it is not a breakthrough therapy. It is indeed a progress as Glioblastoma tumours are extremly malignant and people living more than 2y with GBM are considered longterm survivors. The mean survival time for treated patients is 13 percent, compared with the 8 percent untreated. This is not a strong result, this is an utter failure. This will never ever pass FDA, EMA and even if it passes, I am not sure insurance companies or health security companies will pay for a treatment which is basically, welp ineffective and costly. It doesn't matter how fancy the results are presented in the investor relations, nor the paper, numbers speak for themselves. Despite being a progress in the right direction, this is not the med which will treat GBM. So yeah this is why you never heard of it in the news. Because it is clinicaly NOT meaningful by far. If you really want to see meaningful results, check Bogen x Eisai's treatment for Alzheimers. Great companies, with a lot I mean ALOT of drugs in their pipeline, which do have promising results. Unlike NWBO, those companies aren't shit and their research has yielded some real clinical results. TLDR: Trial results are shit. Hedge funds aren't evil, it is you being medicaly incompetent.
debit are better for a small swing. Where u plan to cap ur gains at 100-200%. Good for swing trading. Not very liquid on most stocks so only useful on big names, even numbers, opex dates and major indexes. if u think we see a massive move n u want a 10 bagger then raw contracts. Benefits of debit spreads is that they limit theta decay ALOT since ur selling a contract. This is a big benefit. If both contracts go down 20% instead of losing 20% u only a minor difference in contract value.
It could go to 0 I'm not saying that and I disagree in terms of products they make. It's almost a house hold name at this point. ALOT of money is made when the main consensus for a company is that they will fail and they don't. I beleive it could continue for around 2 more years and think that alot of money could be made pre collapse once people realise that we could see a reverse of atleast 15%. I did the same with meta made 25% on my investment in a 2 weeks as the consensus adjusted and new news boosted the stock. We still don't know how beyond will react to this problem and my belief is that they might be able to atleast weather the storm and if they do we could see a run that's all. Mainly what I want is a discussion to take place wallstreet bets has the user base to enable rallys that fight with commercial traders and with the figures that are out there it's atleast worth a discussion to see if it could be possible
The QT effects bank reserves. It decreases them. There is actually a DIRECT RELATIONSHIP. Between bank reserves and stock prices. In October we rebounded because the treasury *cough cough democrats* injected 200billion into the markets via treasuries. So they offset the 90bln of QT and also added 110bln of liquidity causing that mega squeeze up and loosening of financial conditions. This week and into year end they will be taking out the extra 100bln since election is over. They took out 40bln Tuesday (fed also took out 60bln Tuesday so 100bln total). I believe from this week Tuesday till year end we will see abt 350 bln worth of QT which is ALOT of strain to say the least. We abt to drill down and not look back. Till Powell speaks n sprinkles some hopeium.
Gtfo of this sub. This sub is for degenerates. If you are so smart why you still broke. Who cares it's our money. Yes it is sickening if we get the L BUT IT IS WHAT IT IS.. YALL SHOULD KNOW THE FIRST RULE OF THE GAME. ONLY INVEST (I MEAN GAMBLE DEGENERATELY) THE AMOUNT OF MONEY YOU ARE PREPARED TO LOOSE. Speaking for my self. Ive already won big with buying BTC at 245 USD AND DUMPING 47K THAT TIME... When BTC hit ATH that was only the second time I've ever liquidated some of my BTC. I STILL HOLD ALOT OF IT. ANYWAY FOR me I can take L HERE AND THERE BUT IM PREPARED TO TAKE IT... I DO WIN ALSO BUT WHEN I DO I do good... Anyway speak for your self bro. Don't worry about it. It isn what it is. It is the way life is. Its better to take risk than be boring and a looser for the rest of your life. At least with this we try... GET RICH DIE TRYING.
The same way the diversification of tech companies making smart phones benefited Apple. It showed that the competition does not compare to the best. (And many people argue that Apple is not the best, but their domination in the market says otherwise) just like Tesla’s. Elon enjoys fucking with people ALOT on the internet. But what he won’t do is allow his company to fail. The production is scaling, more factories are being built, and the sales despite being in a recession is holding strong globally. People want these vehicles and like any new technology the price starts off on the higher end till the market kicks in and it gradually becomes more affordable till the average person see’s it in their budget. This is just the beginning.
I do appreciate your posts. You obviously put a lot of work into them for no return. You were spot on with a lot of your earnings plays last week. That being said, I need to comment on your CPI predictions. >Option 1: >Wait for the results, after the initial drop or jump, the day usually follows the same direction, you dont have to guess, and you would make the ALOT of $$ by waiting it out and picking direction after that. If you play same day options, chop might kill your plays anyway. This is definetly not a bad option, and the drop or spike really does go on for the rest of the day, if you check the previous reports thats always the case. For last month's CPI, the market gapped down on release. It then ripped to the upside and continued to do so over the trading session. If you bought puts on the open based on the initial drop, you would have gotten your face ripped off. Oct 13 2022 became the third highest intraday swing for the S&P500 since 1967. https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_S%26P_500_Index
Bruh you really didn't look at the trading for last month's CPI report, did you? https://i.ibb.co/gZ5V40t/IXIC-Yahoo-Finance-Chart.png Wait for the results, **after the initial drop or jump, the day usually follows the same direction,** you dont have to guess, and you would make the ALOT of $$ by waiting it out and picking direction after that. If you play same day options, chop might kill your plays anyway. This is definetly not a bad option, **and the drop or spike really does go on for the rest of the day**, if you c**heck the previous reports thats always the case**. This was *definately* not how it went last time
You're not late, we're still in baby stage. ALOT of share value to unlock before they hit their NPV of $2 billion at 25 million tonnes production. Fundamental Research has them at a fair value of $17/share with current plants and production. 25 million tonnes will be ridiculous. Excited for the journey. I found them by reviewing hundreds of pump articles from the past 1-2 decades to see if there were actually any gems. I looked for companies still alive, CEOs who weren't diluting shareholder value, companies without debt, companies with a solid plan and businesses I understood and liked. This was basically the only gem. I've followed it for a long long time now. Pleased with my current returns, excited for further growth.
At this point, you gotta be patient brother. Hold, and wait for “better times” whatever that means, everyone talks about a recession and this is expected, most, ALOT of our portfolios look like this. Don’t sell for a loss. Try to be patient, easier said then done,,
I'm no master but if you buy a stock for 100 dollars it has a downside of 100 dollars and an upside of infinitely (potentially with time). If you short sell the same stock it has an upside of 100 dollars and an unlimited downside; thus short selling can have ALOT of risk. Call and puts are option trades. A bet per say or a purchase of a contract that gives you control over X number of shares. Buy to open a put is a way to gain a profit from a falling stock price much like short selling with a limited amount of risk. With options, when you buy to open a call or a put you pay a premium for the right but not the obligation to sell or buy shares at a certain price. Basically if the buy a put and the price goes down you can make money on all shares that you control. If it goes up in price you will only lose the premium that you paid. WAY less downside when scaled.
I've blown up my account, twice over. So this comes from experience, as Ive been there done that. The first time I was arrogant and riding high on a very good string of great trades for a decent period of time (a little over a year) and thought I was a God at trading/investing. I got a couple 10 bangers and 2000x my (smallish) starting account within a year. I wanted to quickly double that money and really wanted a 6 figure account, but trades started going sideways for me and I started to loose value very quickly. After being down 30 percent I started doing stupid things, like yolo my entire account into risky trades, that quite honstly I knew better than to do, but I did it anyways on the hopes I'll hit another 2x, 4x, or 100x. My risk tolerance became greater as I wouldn't exit a trade or set stop losses in a belief that in doing so I would get stomped out, even if I knew that was stupid, so I ended up loosing alot more money. I became desperate to see numbers that I once had, and would enter trades that were little more than just hope and random chance. I lost even more money. I'm talking like 98 percent of the value of my account type of money. I took what was left and I stopped trading for a bit (6ish months) and tried to figure out my mistakes, and try to figure out why my trades were all going against me. I reentered the market with the money that was left over and a little bit I had saved a short while after that, and I started making conservative plays. I was getting consistant 2-5 percent gains daily, that kind of thing. That lasted for about 6 months and I grew my account, but once again, I was not happy with those tiny daily gains and so I dabbled in options. Almost every option purchase moved agisnt me and I once again quickly started loosing money. I put that on pause and went back to conservative moves. Then one day I decided that I was going to yolo into a stupid stock that had no actual reason to be in, and I mistimed (read "got greedy") my exit, and instead of getting a 4x when I was up, within the next 15 min I was down 70 percent, which wiped out my gains that I had made over the prior 6 months, plus a good chunk of my intial money. I did exit that posstion and lock in my losses..but because of it I went back and hit the books, reviewed my good trades (and my bad ones) to figure out what I got right, and what I got wrong, and what I could do to make sure I don't loose the rest of my account. More importantly I took a look at my mindset, and changed it. Eventually I figured out my "nitch", I found just a few different stocks I trade pretty much exclusively, and since then, I've not had too many trades go against me (although I do still dabble in options and those sometimes expire worthless). And while Ive yet to hit figures that I once had, I also set up some rules in place for myself that I follow religiously that have greatly improved my profitability. My rules are as follows; do not yolo the entire value of your account into *anything* At *most* only use half. Exit a trade immediately if it goes sideways. Do not wait for a recovery that will likely never come. Set stop losses. Take profit when you're up. That posstion that already ran up 20 percent *might* run up another 20 percent, but more often than not that +20 percent quickly turns into -10 percent. If it's good enough for a screen shot, it's time to exit. 20 percent gains are always better than any loss. Listen to what people have to say on wsb and other forums, but do not enter a trade simply because someone says it can't go tits up. Do your own research. Be patient and watch the market longer. Rushing into the market trying to get in before the hype/run up will frequently go tits up. Rushing into it will only give you more losses. Anyways, I say all that to say this. You can recover that money in the market, if you're (or your bf) is willing to put in the work and figure out how, and why, he lost 90%+ of your money. If you take the time to really learn from your mistakes, then that intial loss is honestly just the cost of education. It might take a year, or even a couple of years, but eventually you can make it back if you're smart about it and put some rules in place. As an aside, from what I gather he lost his ass on some 3x etfs. I'm assuming probably some tech 3x etfs or some 3x market etfs (like tqqq). Typically during a bull run (like we had a couple years ago) these are a great way to really bank some money. The problem is, it sounds like he must have entered the market within the last couple of years. So this current market is on "hard mode", and ALOT of people are loosing money. Depending on the etf, I would have recommended just continue to hold it unless its an inversed leveraged position (but it sounds like you sold already so that's out the window) because the bear market won't last forever. Eventually the market will recover and those etfs would be profitable again, most likely.
That being said when you look at retirement calculators and it asks your “expected average return” and you put in 8% and it spits out some nice big number 30 yrs from now how do these fluctuations vary your long term big number? Consistent 8% gains (not realistic on a long term trend - or even a single yr trend based off your comment!) I imagine would be ALOT different than -25%, +15%, +12%, -3%, +17%, +4%, etc…. I imagine your “big number” would be a lot different even if these percentage returns “averaged” out to 8% at the end of your ride. Have any insights?
These are based off real numbers for senior eng in FAANG, projected onto the $META stock price. Usually granted a large sum of RSU's at start of your tenure, average senior engineer gets an initial grant worth $700k that will vest evenly over 4 years, that $ amount gets converted to the equivalent number of shares when you join. Let's say if you're unlucky and you joined when it's $350, you'll get a grant of 2000 shares when you join. Each month you'll get \~42 shares given to you from your initial grant, so around $14750 worth of shares each month pre-tax, which you can sell immediately (well, after a couple of days based how slow your share company is). With a normal senior base and bonus this will be a total compensation of \~410k per year. But when the price dips to $100, your RSUs portion is only giving you a monthly income of $4200. TC will become \~280k. Bonus: You will also get refreshers each year base off of performance at bonus time of around $50-100k based off of performance (sometimes ALOT more, so as to retain good engineers, but they'll be shorter and weighted towards the end of the lifetime grant to ensure the engineer stays) that will also vest over 4 years and it gets converted to a share amount on the date that you receive that refresher. Say you get a refresher and the price is $100, that will be around 1000 shares. Each month you'll now get 42 shares + 20 shares, so around $6200. With normal senior base and bonus this will bump your TC from 280k to 310k with no change in stock price. If the price were to return to $350, your monthly income from RSU portion will $21,700, since you got the refreshers at a low price, for a TC of 500k. But most smart engineers will probably look for a baseline reset by switching jobs before then, to get a better upside.
10-20% decline is expected, most home prices fluctuate between 5-10% seasonally each year as it is (except 2020-2021). A mojority of homeowners with a mortgage have a rate below 4% and it’s a fixed rate so there will not be a massive foreclosure rate like 2008-2009. Plus investors now own over 20% of the homes. So the price decrease will come from people having to sell versus wanting to sell and that percentage will be significantly lower than the last recession. The key to this is the fixed rate, so many people in 2006-2007 were getting loans with adjustable rates and they were subprime loans. There were a lot of people that when shit it the fan they could no longer afford there mortgages because the monthly payment went from 1500 to 4000 and they couldn’t afford it. Also it never gets talked about because everyone focuses on the sub prime loans but there were ALOT of people who were taking out short term ballon loans for their homes and a lot of the balloon loans were sent to end between 2008-2010. A significant amount of the foreclosures were due to people buying a home in 2005-2006 with a balloon payment with every intention of selling within 5 years and making 20-40% return or more like they had the past 5 years before or they would refinance. People ended up not being able to sell their homes Or refinance because home values dropped so quickly when the bubble popped. Overall, we will not see the same thing happen because this is a completely different type of recession and I believe it will be worse than 2008 economically but it will make people house poor where they will be unable to do anything for the foreseeable future because they will be focused on keeping there house so they won’t have to pay the crazy rent prices.
A lot of put/calls options are expring today. Like ALOT. MM ain't going to let those be profitable becuase they don't wan to pay out. They will try to keep spy flat. If it swing up too much short it for the day. If it swings down too much buy calls for the day. But anticipate SPY will close relatively flat for the big money to win. Next week, BIG LEG DOWN. So I would load puts at closing today for next week. That's just my prediction and not financial advice.
This is what I've been struggling with ALOT. Like, they are on sale compared to bubble prices and I did buy some stuff. But we're basically back to late 2019 level PE ratios and yields. Not even back to "cheap" territory. I feel like it's a risk to buy and a risk not to, so I have been nibbling but boy is it not obviously a good think like, let's say, in late December 2018
....yeah yeah....he blows allot of hot air...i will give u that...BUT...THE DUDE LANDS ROCKETS AFTER FREEFAL,the dude has a few years since he got in to rockets and he is showing NASA how to do their fkn job...are his timelines optimistic(unrealistic?) yeah...ALOT,but in all fairness if i have to chose betwen a anonimus lowlife(like myself)bloying hot air OR the dude that delivers(albeit LATE)....haters gonna hate!
Don't believe the puts selling explanation. Someone still has to buy to raise prices. Even if all those puts were executed, no reason to believe it would rise, especially above the midpoint. Someone bought, a lot. Someone with ALOT of money.
Demand is falling ALOT, 4-5 is a normal rate but these prices are not, pricing will have to correct to fall back into trend line. Imagine the pain it would cause across the economy when the majority of household discretionary funds get soaked up by sky high housing costs, the fed knows this and will keep rates high until it corrects
oh i know im not saying hes innocent in anyway. and id honestly believe he probably built that case against himself aswell, hes a talker talker and trys to use honesty everywhere even when not necessary. From a legal sense sure its definitely everything stacked against him, from non-legal personal moral stand point its pretty fucked up, you know. Cause most people believe weed isnt that bad including cops. Like i know a guy near me that deals and traffics it from the dispensary in Michigan and brings it over. And its ALOT of product. Hes been pulled over multiple times in the border area and they just let him off the hook. And i know alot of people that have been caught up with DUIs and Driving high and all sorts of things nobody ever got hit as hard he got hit there. Most cops are just like get home safe, park your car yada yada or take them in and let them go.This guy just wanted him in the system it seemed like for such a small thing. The part that confuses me is theres no correlation on any of his paperwork for his "dui" for marijuana so he likely wont recieve any pardon if it were to occur. but whatever too late now for anything. Its been 2 years and they still have him tied in the system and have broken every deal they make with him.
Man. I’ll feel your pain. I’ve been investing Over the past 5-6 years. There’s highs and lows. (Currently down ALOT) But be patient, the markets fluctuate historically. It’s a hole you’ll get out of, do your research, make safe plays (gamble a little bit 5-10%). When I’m feeling anxious because of heavy losses I try to look at long term historical data… Play the long game & invest only what you feel comfortable with financially.
Down ~80%. Left you with $20k today. If you had bought puts at open for $tsla you could have made 200%. So you could have gotten back up to ~$60k. That’s just a single double up away from $120k. $20k is ALOT of money to play with. Your good bro. You’ll be back to even by next week
The strength of the companies is not the problem. The problem is our normal "growth" of the past 40 years has been reliant on a trend of lower and lower rates. We finally hit 0 and can't really go any lower. Let's go down the list. AAPL is going to be AAPL. It's a beast and it's valued like a beast. It's multiple is affected by how much money people have in index funds. At current rates, it's more prudent for investors to shift into fixed income, and so AAPL's multiple will fall until the fed lowers rates. GOOG. Ad spending is very consumer spending driven. In a rising rate environment where consumers have less cash leftover to spend, ad revenue will take a hit. AMZN. Inflation + recession hits their retail division hard because the whole company has been built around a crazy high level of growth. If their revenue drops their whole valuation thesis crumbles because they can't grow and don't deserve a 100 times multiple. TSLA has the exact same problem. If rates at 5%+ mean consumers can't afford to buy $60k cars as often then their growth thesis is out the window as is the valuation. And economic growth and oil prices are correlated, so a major recession will drop oil demand and thus make gas cars more economical again. Don't get me wrong, I'm a huge fan of EV's, but the valuation needs to come in ALOT. JPM could be at risk if the fed hikes until something breaks as some fear. We are likely entering a negative period for RE prices which could turn into a downward reinforcing cycle. The rest of the companies are exposed to consumer spending and you can't expect consumer spending to increase in a rising rate environment. Sure there's alot of money on the sidelines, but the fed's job is to basically destroy that money by allowing valuations to come in. Until the fed announces a pivot there's just no catalyst to push things up.
I think people here should remember bonds are becoming more appealing on the 1-2 year horizon. That with ibonds means people haven’t stopped DCAing they’re going to begin to choose alternate asset classes - especially those closer to retirement. I’m not close to retirement and I have 60k in ibonds (30 for technically two years calendar now, and I’ll probably add 30 in January) and have started to buy 6-12 month CDs. That ties up capital. And I’m not the only one doing it. Some of this money won’t flush back into the market for 12-24 months with fixed income becoming appealing - keep that in mind. Those that find 4.5% attractive sometimes are also the people pouring 100k-1000k sums in. Fixed income has traditionally always been a larger market than equities and only recently have they been on par. There’s large underlying structural mechanisms at work here. Millionaires don’t need to take bets. They need to conserve capital. And when they switch gears, ALOT can come out of the market and fast. Seems to me like everyone only remembers the last decade…
Yeah no that’s all a bunch of horse shit dude. Every one is different. I know ALOT of people who cried for help and still did it. I know others who would make jokes about it and didn’t seem like they were even suicidal and still did it, and I know people who just did it. Maybe some people who talk about it don’t do it because they talked about it. Correlation is not causation. Just because someone talks about it doesn’t mean they aren’t actually suicidal. That’s literally the dumbest shit that I have ever heard.
It’s honestly insane… Florida man here. The affordable areas that were 100-150k not but 2-5 years ago now AVERAGE 375k, but most are right… I’m seeing many houses dropping prices and being on the market for long periods of time. Anything remotely close to 200-250k usually is being bought quick but these are houses that need ALOT of work and improvements… fucking sucks man
That's because half of them are either N. Korean state scam artists or so on. I don't trust anyone here. Don't have to worry about that if your not providing your personal info. I'm new here and I've had ALOT of scammers. Most with the same statement. "Are you interested in options or stock trading?", Same system, same words.. yadda yadda yadda. I really really HATE to say this but here's the truth.... Most of the scammers who have approached me are from N. Korea, Russia, China, or Iran. That being said, The ecosystems I'm most interested in are based in S Korea, Japan, etc. Not saying all are bad. Just saying almost all international scams are because of these 4 countries governments openly backing them. Let's not get things twisted. All are weighed against the US dollar. All are affected by the US Fed. All are affected by the US stock market. It's why I trade asset V asset in most cases and not asset V USD unless I'm taking profits. Let the hateful responses commence! Please give me a reason to be done with REDDIT.
I think he’s right. As of now the recipe ain’t nailed. Far from it. But if it can be consumed and controlled the same way as a beer or two, you’re an ace. Don’t get me wrong I’m a HUGE stoner, but smoking these days is a no no. I hang around ALOT if mid 30’s suburban moms as well. “I’m just gonna sneak off and have a gummy he he”. Or a drink. Never, hey let’s spark this 9 paper. That said, there are always exceptions but from what I see, he’s relatively correct in his guess here
I didn't say it wasn't... Just pointing out that unskilled labor and anyone can do them jobs now got their wish.... They got 15/20 dollars an hour and look now look at things. Of course there's more to things than that but it has ALOT to do with it.
I understand what you are saying but I believe from experience I found and made what I needed. I also use both types of iron condors interchangeably depending on the market. I learned ALOT I haven't placed enough trades to determine my hit rate but its above 50% for sure along with good risk manag