|
decypher posted:Yeah, I had to cut the 25% loss today. I think it’ll go down to $1.30. I sold  25% loss sucks. Luckily it wasn’t a whole lot. My gains in NVIDIA are at least offsetting it. I’m hopping on the RTX3xxx launch which people are going crazy over the stock will skyrocket.
|
#
?
Aug 20, 2020 20:43
|
|
|
|
| # ? Jun 8, 2024 01:03 |
|
|
Eh I remember when everyone here was bearish on TSLA....
|
|
#
?
Aug 20, 2020 21:04
|
|
|
Oscar Wild posted:Anyone get into lyft puts? I hope not! https://twitter.com/Stocktwits/status/1296540338857762816?s=20
|
|
#
?
Aug 20, 2020 21:15
|
|
|
I bought puts at exactly the wrong time but sold and bought calls and turned a very bad loss into a very small loss.
|
|
#
?
Aug 20, 2020 21:21
|
|
|
I feel attacked https://www.youtube.com/watch?v=x65TDamuSHU
|
|
#
?
Aug 20, 2020 22:43
|
|
|
Josh Lyman posted:I feel attacked I feel seen. I'm the dumbass, you know, that guy.
|
|
#
?
Aug 20, 2020 23:05
|
|
|
Just needed a bit about the new breed of Robinhood user that, instead of betting on sports during the pandemic, bets on whatever stock shows up in his Twitter feed. Even if it's the wrong ticker entirely.
|
|
#
?
Aug 20, 2020 23:12
|
|
|
Josh Lyman posted:I feel attacked p good video
|
|
#
?
Aug 20, 2020 23:20
|
|
|
Ulio posted:Eh I remember when everyone here was bearish on TSLA.... lol now its just my dumb rear end 
|
|
#
?
Aug 21, 2020 03:40
|
|
|
So this is the second time in the past two months that Tesla goes up 30+% in a few days. Where do these come from? Are there any underlying effects that cause the stock to rocket up if a few retail investors are buying or what
|
|
#
?
Aug 21, 2020 12:44
|
|
|
I am on the gamma squeeze thesis train when it comes to Tesla.
|
|
#
?
Aug 21, 2020 12:46
|
|
|
It’s actually just two guys selling the same share back and forth not knowing that they are the only ones there. The price shoots up on their biweekly paycheck schedule.
|
|
#
?
Aug 21, 2020 12:51
|
|
|
TSLA is in no different position than it was in January. This crash is going to be big once it comes.
|
|
|
#
?
Aug 21, 2020 12:54
|
|
|
So is there anything actually bad about Robin Hood beyond that it’s just easy for people to make terrible mistakes on it? I know a few guys who trade through services like E Trade and others who’ve told me it’s evil but I haven’t seen anything that clearly explains why. I’ve seen the stories about people buying into fads and that one guy killing himself but I don’t see how using other services would have stopped that.
|
|
#
?
Aug 21, 2020 13:43
|
|
|
Numlock posted:So is there anything actually bad about Robin Hood beyond that it’s just easy for people to make terrible mistakes on it? It's not reliable. It went down for a while when the markets were crashing back in Feb.
|
|
#
?
Aug 21, 2020 13:47
|
|
|
I'd say it's less reliable but still reliable enough. Even TD's ToS shits the bed once in awhile (like this week even).
|
|
#
?
Aug 21, 2020 14:51
|
|
|
I've heard it put this way: "RH is the equivalent of having an @aol.com email address"
|
|
#
?
Aug 21, 2020 14:53
|
|
|
The most frequent complaint I've heard about RH is that the fill quality is behind other brokers. Supposedly this has to do with how the are handling order flow. Not sure on all the details, but just what I've read here and on other forums.
Smithwick fucked around with this message at 15:26 on Aug 21, 2020 |
|
#
?
Aug 21, 2020 15:19
|
|
|
People who care about execution aren't on RH anyway, though. It's like saying the Ford Focus is a bad car because it sucks at the quarter mile.
|
|
#
?
Aug 21, 2020 15:24
|
|
|
Numlock posted:So is there anything actually bad about Robin Hood beyond that it’s just easy for people to make terrible mistakes on it? In my amateur anecdotal experience: You get poor fills on market orders. It is my understanding RH(and free services similar)will batch transactions together instead of sending your order through immediately. I don’t know if other services do this or not, but its bad with RH. This results in you getting a poor fill price. I’ve had limit orders sit at the buy price without being filled only to have the stock rise. RH has a lot of problems but to me these two are the biggest. Their charts suck rear end too.
|
|
#
?
Aug 21, 2020 16:14
|
|
|
back in KODK 6.83 chasing this lil pop but lets go 
|
|
#
?
Aug 21, 2020 16:51
|
|
|
lol loving SICK goooooooooooooo 
|
|
#
?
Aug 21, 2020 16:58
|
|
|
Jack Daniels posted:lol now its just my dumb rear end Eh I am not shorting stocks that meet this criteria anymore, double digit sales growth yr/yr, extreme customer love and leaders in sector. TSLA somehow meet all these, I feel like I missed the train by influenced by the mob in how aggressively bearish they were TSLA. It was similar with Apple in the previous decade. The street hated it but it had those 3 criterias as well. I have some cheaper alternative plays on EV that have been doing well BLDP/PLUG/NIO so still happy all in all. People need to ignore share price volatility and look at TSLA's ebitda and sales chart over the years which has been even more impressive than the share prick somehow. Currently my biggest position is Googl after I got out of AMD and PINS. Probably going to take profit on 90% at 1.6k close to that. Since this positioned has ballooned to over 30% of my portfolio after me selling my other expensive techs like nvidia/aapl.
|
|
#
?
Aug 21, 2020 18:53
|
|
|
Apple had a different criteria: it actually made a shitload of money 10 years ago. Comparing Tesla to Apple is, uh, a hot take.
|
|
#
?
Aug 21, 2020 19:13
|
|
|
Ulio posted:Eh I am not shorting stocks that meet this criteria anymore, double digit sales growth yr/yr, extreme customer love and leaders in sector. TSLA somehow meet all these, I feel like I missed the train by influenced by the mob in how aggressively bearish they were TSLA. It was similar with Apple in the previous decade. The street hated it but it had those 3 criterias as well. I have some cheaper alternative plays on EV that have been doing well BLDP/PLUG/NIO so still happy all in all. People need to ignore share price volatility and look at TSLA's ebitda and sales chart over the years which has been even more impressive than the share prick somehow. See this article for the bear thesis. They're not a growth company anymore by revenue, however if you're looking for short term plays the number keeps on going up for some reason so... You'd be insane to buy it now as a long term hold, but I thought that at $300 too. Even though I know the rule is "number only go up," for dumb reason I almost bought August 31 SPY 337 puts today. Got distracted with work and came back and they were already down 8%, so I guess the only winning move is not to play.
|
|
#
?
Aug 21, 2020 19:30
|
|
|
so far i've found the only winning move is to buy apple and amazon and never sell
|
|
#
?
Aug 21, 2020 20:00
|
|
|
UnfurledSails posted:so far i've found the only winning move is to buy apple and amazon and never sell Same. I have done very, very well repeatedly forgetting to sell SHOP as well.
|
|
#
?
Aug 21, 2020 20:50
|
|
|
I feel like AAPL is regretting not going with a 5-1 split right now. I bet they wanted the nice round ~$100 price.
|
|
#
?
Aug 21, 2020 21:18
|
|
|
Jack Daniels posted:back in KODK 6.83 chasing this lil pop but lets go degen as hell Here's my record for august puts sold, for posterity, see how long this goes until I blow up. KODK was my first actual miss, but I managed to get out for not much of a loss. The news that a huge chunk of bondholders had converted to stock, diluting the equity and causing significant selling pressure was no loving good. VXRT went nearly straight down once I sold 'em, but was still a pretty good winner yesterday when I managed to buy back half the position. Today was really no good though, sold the rest for a push. Selling that TSLA put was a pretty big win, even though it didn't fit really fit the strategy.
|
|
#
?
Aug 21, 2020 21:27
|
|
|
bagholder is cheating but i don't care https://twitter.com/BagholderQuotes/status/1296925600381370369?s=20
|
|
#
?
Aug 21, 2020 22:58
|
|
|
UnfurledSails posted:so far i've found the only winning move is to buy apple and amazon and never sell https://m.youtube.com/watch?v=MpmGXeAtWUw
|
|
#
?
Aug 21, 2020 23:41
|
|
|
TSLA is basically a car company and a gigantic bank at the same time now. Anything that lets me get $1 strike price increments on AAPL and TSLA will be good
|
|
#
?
Aug 21, 2020 23:43
|
|
|
Clockwork Sputnik posted:
Lyft/Uber made an ultimatum yesterday and some judge blunk... Blinked... Ordered a stay allowing Lyft/Uber to continue operation. So yeah, a rally makes sense.
|
|
#
?
Aug 21, 2020 23:47
|
|
|
I’ll confess that I became interested in robinhood mostly because of people poo poo talking about it. As long as it’s not a scam I’m thinking of trying it. Like I have a funded 401k invested in reasonable mutual funds and HSA account, this is literally me wanting to mess around with stock trading using money I’d otherwise buy stupid poo poo with. The ease of use and fractional share features is the main draw.
|
|
#
?
Aug 21, 2020 23:50
|
|
|
you can just use thinkorswim tho, idgi and i just don't get the point of fractional shares. like the only case is you want to balance a small account, or gamble but can't buy a full share. i can't think of a more boring gamble than 1/10 of amzn tho. just play poker or something in that case. dougdrums fucked around with this message at 23:55 on Aug 21, 2020 |
|
#
?
Aug 21, 2020 23:53
|
|
|
UnfurledSails posted:bagholder is cheating but i don't care Remember that time Scotland stopped being an independent country because somehow 20% of all of the money got invested in a colony in Panama?
|
|
#
?
Aug 22, 2020 00:01
|
|
|
dougdrums posted:you can just use thinkorswim tho, idgi Online gambling (for money) isn’t legal in the states other wise I would be, on limit tables anyway.
|
|
#
?
Aug 22, 2020 00:12
|
|
|
Numlock posted:As long as it’s not a scam I’m thinking of trying it. Like I have a funded 401k invested in reasonable mutual funds and HSA account, this is literally me wanting to mess around with stock trading using money I’d otherwise buy stupid poo poo with. Do you still seriously worry that Robinhood, an American-based extremely transparent and forthcoming private company, is a scam after like 5 years because that's actually bonkers to me
|
|
#
?
Aug 22, 2020 00:19
|
|
|
KirbyKhan posted:Lyft/Uber made an ultimatum yesterday and some judge blunk... Blinked... Ordered a stay allowing Lyft/Uber to continue operation. What actually happened is that a judge did exactly what was reasonably required by procedure in an ongoing case, but because Uber/Lyft made an announcement immediately before that about what they were totally gonna do if they didn't get an injunction, the media is reporting it as if the judge was out of line.
|
|
#
?
Aug 22, 2020 00:19
|
|
|
|
| # ? Jun 8, 2024 01:03 |
|
|
California should’ve hosed Tesla over a lot, lot more when Elon Musk defied the quarantine order. Now all these loving companies are emboldened saying “we will stomp our feet and throw a tantrum if you try to cut into our profit margins to protect workers, I’ll do it!!!!”. gently caress these assholes. That judge really shouldn’t have given them even an inch on this poo poo, whether it’s prudent or not. You never give in when they’re just throwing a tantrum!
|
|
#
?
Aug 22, 2020 00:27
|
|