/smg/ - Stock Market General

Comfy what's your view on TSLA's price moves over the last 2 weeks and why each move happened.

im sure ill lose my ass eventually, but im following the strategy of making like 5-10 200 dollar calls/puts.
I think in a sideways market like we are in now with many stocks being in indices its a good rule of thumb to have like 50/50 calls/puts incase the market tanks.
Just starting to learn about straddling strategies, looks interesting. Makes me nervous to sell puts/calls though.

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Should I just buyout HMNY and sell it to pajeets overseas?

The pajeets would set you on fire. Saying HMNY in some places in India would probably get you mobbed to death.

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Thoughts on abil?

What happened June 19th to 26th? Went from 2 shekels to 12 and then dropped like a potato.

that's what I wanna know, some kind of pump and dump?

Is there any way to do trading as an european without getting assraped by fees? It seems to me the only profitable way is to go for monthly trades. Day trading is almost impossible

InteractiveBrokers and trade there their CFDs instead of the underlying stocks

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thank you, and thanks for the reading recommendations

Degiro if you can't make the minimum deposit on IB

Is HMNY the new DRYS or something? I don't know why people keep talking about this very obviously worthless stock.

How much money do you guys have?
I have about 20k, of which 12k or so is in stocks.

also, to optimize on fees, make sure you trade only US market, i.e. stuff listed on us exchanges.

Nice try IRS.

Just curious, does anyone know of a publicly traded corporation, with a positive book value that ceased operations and liquidated their entire enterprise and did a final distribution to it's shareholders? Like they knew their business was doomed and quit while they were ahead and still had positive net assets?

I assume it must have happened but have never heard of an example. Every company seems to dissolve only after bankruptcy, lawsuits and the company is worth less than zero.

Never seen a company just die with dignity.

this. I am very curious also.

My opinion would be that the company strategy in that case would be to transform ahead. Did you know that CitiBank was a pure canning company in the beginning? Canning as in manufacturing the cans used for canned food. No joke. The most impressive company transformation ever

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Cd projekt red has a P/E reatio of 110. let that sink in.

Haha. Yep, Berkshire Hathaway was a textile mill, originally.

I wonder because one investing strategy implies companies can dissolve for shareholder benefit, so buying even shitty companies with flagging rrevenue, that have market caps lower than their book value. You are at worse, buying office furniture, real estate and gently used lathes or whatever for less than their market value. Your shares are valuable because the shareholders could vote to dissolve the company, sell all assets and pocket the profit. I've just never heard of this happening before.

I know oil trusts dissolve like this, when their oil production slows to a trickle, they bank enough cash to cover capping the wells (their only single liability) and distribute the rest, but they are not real businesses,

Isn't it interesting though?
I know there are som real estate people here who are quite rich, and there's that guy with the cleaning/janitor company of his. There's lots of memes on this board but some people are actually inspirational and sharing constructive stuff

There's no reason for them not to run it to the ground. There may be a small chance of a last minute bailout, and they can continue to draw wages/benefits from the heavily indebted company until it dies. The directors are under no obligation to return anything to the investors, rather it's your duty as a shareholder to bail out before it all comes down.

Like 14k and 9k in stocks. But I only just got a job and started saving. Putting away $1200 a month currently..

My only regret is that I didn't invest in them back when TW2 was released. In retrospect, that's the one time I was ahead of the market. But of course I couldn't be bothered buying stocks through the god damn Polish stock exchange.

I have a similar figure as you, with about 3k in unrealized losses, $2000 in realized losses and 12k more than you, sitting in a money market account because I don't know what to do with it. My bags are not as heavy as they were and I hope I can recoup them before the stock market collapses.

Eh, oftentimes activist shareholders will start to attempt to coup d'etat the management when things get bad. I agree they usually hope for a buy-out or simply run the company into the ground. The latter usually happens with companies that were highly leveraged. Usually a business with little debt that starts to fail will no longer have access to leverage, so an orderly dissolution would make sense.

Okay, found one example. Emrise Corporation. It was a small defense contractor and it's shareholders voted to an orderly dissolution of the corporation and got a series of distributions from it.

Nice! Fun to make progress?

100k
1.5k in stocks

You into bonds or what?

Always been into real estate (rents), just started trading this month.
Family sadly thinks that investing means gambling just like betting red or black at the roulette.
I've only recently started taking control of my life and saying a much needed "fuck you" to the rest of the family.
Fucking hell. Putting 11k kilometers of distance between us was the smartest move of my life.
Sorry for the rant.

Nice
You gonna make it

>real estate
I think the main plus of RE is leverage

You can manage to get a piece of RE with little money down (I am not saying it is easy to do, nor it is easy to manage after acquisition, I am just saying it is possible).

But I find many people are understating the risks of owning RE, notably factors that are totally out of your control (for example, what if a pack of niggers/mudslimes/gypsies decides to infest the neighborhood ? legislation and taxation regarding renting because politicians can use that to gain votes etc)

One customer from my previous job told me the story of his Venezuelan brother-in-law who was very wealthy and owned many RE in Caracas. I think you can guess the rest of his story...

Many people find financial markets are tantamount to gambling because they don't understand the game and the logic behind.
The game sure seems very abstract, but really it is not. I find them to be much more down to earth and accessible than some mathematical or physics concepts.

Cool, I feel the same about my family desu. What do you rent out? I want to do real estate.

Some years ago a town in Italy got overrun by chinks. literally 15 chinese living in 10 square meters apartments.
Now, they all went to this town because it's where all the italian textile manufactories are, and for some reason chinks are allured by the idea of slaving in sweatshops making booleg clothes for rich people.

So I bought some warehouses and rent them, made some money. I only had to keep the chinks from living in them. Wasn't pretty, but it paid. With the money I bought a house on the Alps away from all the mudslimes.
Moved to Japan, I'm renting said house on AirBnB, it's going decently IF IT WASN'T FOR MY DAMN MOTHER WHO JUST DECIDES TO GO THERE OUT OF NOWHERE TO HAVE HOLIDAYS WITHOUT GIVING ME A CENT.
But what can you do, gotta love mom.
Sooner or later I'll sell all I fucking have in Italy and move all the money to Japan.

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lol
Your story reminds me the one of the Paris Jewish during the 70s/80s/90s

Sephardi jews basically ran the wholesale business and employed illegal chinks. The latter scrimped and saved and became wholesalers themselves.

These jews no basically own a good chunk of Paris real estate.

Why do you want to move to Japan? Living in a nice countryside house in the Alps sounds much more attractive.

Western Europe is literally becoming an annex of Africa
The best outcome in the next 30 years will be the Balkans situation in the 90s with the accordeon playing funny soldiers.
The worst is South Africa.

>Philadelphia, PA — August 3, 2018 — Lannett Company, Inc. (NYSE: LCI) today announced that it has entered into an exclusive perpetual licensing agreement with Andor Pharmaceuticals, LLC for Methylphenidate Hydrochloride Extended Release (ER) tablets USP (CII) in 18 mg, 27 mg, 36 mg and 54 mg strengths. Andor’s pending Abbreviated New Drug Application (ANDA) of Methylphenidate included all bioequivalence metrics recommended by FDA and is expected to be approved as an AB-rated generic equivalent to the brand Concerta®. Total U.S. sales of Methylphenidate Hydrochloride Extended Release (ER) tablets were approximately $1.8 billion for the 12 months ended June 2018, according to IMS.

LCI at 13,95 on Afterhours

>Living in a nice countryside house in the Alps sounds much more attractive.

First of all, too close to my family.
Second, I wanted to travel around the world.
Third, not even the alps are safe anymore and migrants are starting to get there too.
Fourth, I'm fed up with italians in general.

But I agree, Alps are very pretty. Here it is the pic from the town where I got the house.
If you manage to find me on AirBnB, feel free to stop by whenever you want, I'll make you a special discount. Something like 50%

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>Western Europe is literally becoming an annex of Africa
>Third, not even the alps are safe anymore and migrants are starting to get there too.
I don't want to live in this stupid world any more

I used to be enraged at this reality
But it is pointless because what you gonna do ? Kill them all ?
Nigga please

Exploit your so-called clarity, get rich and get prepared

>Kill them all ?
Why yes

I too think it would be the most effective and simple solution that will actually lead to real progress of Humanity

But that is totally unrealistic. Just think for yourself for now

mega.nz/#F!2P4BHAzK!qXhFNWATPPc6CLdkBWsiGQ
Link to Hedge Fund Market Wizards pdf and audiobook. Most recent book in market wizards series. It's essentially the transcript of interviews of the biggest hedge fund managers (that accept an interview) at the time.

>Random Walk down Penis Street
meant for say yesterday
TA is USELESS for stocks, just because Fundamentals + Audits are far superior to TA for investing !

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TA kinda works for stocks in absence of news. MLPs, utilities and other reliably predictable companies that do not grow quickly will trade on TA in nice boring channels. News never moves MLPs for example. Too bad the tax laws for them discourage swing trading of MLPs

Random Walk Down Wall Street

This book shit both on TA and fundamentals, it crushed my hope of ever making it.

Well at least I will stop working when Im 60.

Why are you so stupid and ugly, mentally and physically damaged both here and in reality? I have literally never seen you post anything remotely intelligent, original or funny here. All you do is shit up the place with you 8 syllable sentences and let everyone know it was indeed you who dropped that turd of a "thought" on this board.
Thanks to you I have started to advocate for euthanasia to be accessible without any specific reason to everyone, so you could freely end your existence on this planet, because you will NEVER EVER find happiness nor wealth with your cruel handicaps.
Kill yourself.

straddling hardly ever works out in my experience, unless you sell one option on an upswing and then it goes down far enough to put your other option in the money

About 33k total with 22k in stocks. Adding 300 to my savings account and 1250 to my investing account monthly. (In EUR so multiply by 1.15 for USD).

you are so pathetic already with this pasta.
your brain would dissolve into puddle of insanity and dementia if life randomly hit you with such grave health disasters as RKG, yet she manages to prosper, develop unique humour and help anons here.
How does it feel that a person battling death is far more profitable trader and more successfull and active person than you?
also kys

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I usually just drop the pasta and leave but your post gave me a truly hearty kek, it is dripping with virginity and white knighting you betaorbiter. Lmao thanks for that

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hi kneepads, how are you today?
do you have any favourite books on trading and markets? what sources influenced most your trading style and evolution as a trader?
pic related a josif ratsu just for you

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Just a thought, but does anyone here trade in leveraged ETFs? I was wondering if its worth it to buy both the bull and bear 3x ETFs for whatever, natural gas and just sell them whenever they go green.

I bought Sonos. Pls no bully.

>mfw me have own copypasta now
#@_@#

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I mean everything I said in that pasta.
Kill yourself, you worthless piece of cancer.

listen u little bitch, ive told u i willd pay off ur debt if u let me fuck you, give me a contact , im rich,

your post gave me a truly hearty kek, it is dripping with virginity and incel you betaorbiter. Lmao thanks for that

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kek you severely under estimate me debt

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who else /all-in options/

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The boredom is seeping in.

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Yes. It's better if you sell it to AMC the app.

Did you finish Dead Tube?
Read Dorohedoro next!

I'll continue 6 billions.

Yeah a weekend in the flattest, overbought market in history.

Even dodgy biotechs and crypto shit is trading flat. Maybe its time to go to cash and wait?

Take positions on commodities, long in general.

Don't do this unless you have

Please post nude [spoiler]feet[/spoiler]

I used to trade in commodities but I hate the oil market and other commodities just keep going down with no end in site.

I might give it another whirl though, for lack of anything better to do.

While what you just said is likely true, what is said in the pasta is also true. Here's the attention you so desperately seek with your trip

>666 Satanic businessman man

LISTEN TO ME.

up 400% ytd desu

I'm long oil right now, and you could PROBABLY long wheat successfully based on the memes I've seen here and almost nothing else

That's cool if you started out with

I started with 300$ and I've started putting some of my gains in divvies. Still 80% in various options positions, though.

I like more niche commodities. Oil pisses me off, oil speculators have to be the dumbest fucking faggots on the planet and I cannot get into that brainspace and get anything right.

Best trade ever was uranium after a mine in central asia closed.

oil swings have been basically free money for me for the last 6 or so months

Hope everyone is having a good weekend! I noticed everyone is shitting on BIG5GUY over GME, so I took a look at it. He's right, it seems likely to reverse trend. Stop making your decisions based on emotions. This is a trade, ride the wave, make some $$$.

>MACD reaching bottom of range
>Green Cloud, is trading above cloud.

HA trend will emerge next trading day. Look for the following before taking position:

>Conversion crossover of baseline
>HA with a higher high, higher close, with no lower low
>MACD crossover

Holding GME through earnings would make me very nervous. I would sell before or hedge position.

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Seems like the problem with this would be that as one etf goes up, the other is simultaneously going down.

PAPA JOHNS IS ABOUT TO POST THEIR QUARTERLY REPORT. BETTING THAT ALL THE NIGGER TALK AND BAD PRESS BROUGHT THE COMPANY DOWN, BUT IT'S STILL DOING FINE IN PROFITS. WHAT DO YOU GUYS THINK?

Leveraged ETFs suffer from beta-slippage and low volume, much better to buy options leverage on the underlying

Nice!

made a shitty compound ROI calculator and figured I'd share it for newfies

docs.google.com/spreadsheets/d/1-tNkGWzRI3IQ4d9JEiSS21fXG18n04JLX_-0ni-1dv8/edit?usp=sharing

The removal of papa John from his own company, and subsequent downfall of stock price is a Jewish plot to take over the pizza industry.

No, it will probably miss earnings.

how can a CEO being removed in a times month effect earnings that much? No administrative impact could be felt yet.

No longer 'official' pizza of NFL & nogs, SJWs no longer eat there. It has missed the last few earnings as well. It's really great, they have been putting out some great coupons in my area to try to boost sales. Better than the other cheap pizza chains like domino's and pizza hut.

i think you should stop using all caps in a slow thread

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alright fair point, I think i'll sell Monday then

I've had more papa johns this month than i have had pizza for the past 6 months.. i didn't really think about it till you guys said something. Does anyone have a recording of papa john saying nigger?

> Elon Musk walks out
> "I've acquired Papa John's pizza, no pedos allowed"
> Negative EPS
> Stock moons

It was a conspiracy to remove John Schatter, yes, because he was running the company into the fucking ground, look at the numbers for the year or two before all this nigger shit hit the press

they will miss earnings and it will already be priced in. if John fucks off forever the stock will get a solid boost but the boost will only sustain itself if they improve the business