Regarding Jam Cromer: Don’t know about long term, but he told us to “trim our positions” and take profits at the end of April, which is the recent high. Said all the overhyped IPOs would drag the market down. Said DO NOT get in uber, and was cautious (but not cautious enough) about lyft.
Really glad I listened and sold some of my index fund when he said to.
He LOVES stocks so is basically a permabull. Always keep that in mind. When he is bearish, WATCH THE FUCK OUT. But just because he’s bullish doesn’t mean you should be.
He was so addicted to stocks that he sold everything and lived out of his car to afford it.
SMG hates him. Reddit hates him. Jow Forums types think he is a mouthpiece for big business and Jewish conspiracies. But if you watch him closely, especially in the nonscriptes YouTube stuff, you’ll notice he has very little control of his mouth and would be a terrible pick if you wanted someone to help you spread propaganda.
He’s also entertaining though sometimes a little annoying. Just remember to read between the lines, and that he doesn’t always get it right.
Ryder Gonzalez
Ok, so I'm looking at this option chain for AMRN, and to be honest I've no clue what the fuck I'm doing. Heard options can be a nice way to make some cash while you wait for the main event to happen (or shit).
I know its a gamble but how do I prevent myself from getting fucked over. Which one of these is the best play here? (pic related)
Ass Cramer is terrible to listen to. He has been wrong about so many things and lost people a ton of money.
Michael Lopez
Crypto is the cancer of biz. Before this place became a forum for Pajeet coins it was actually fun and somewhat useful. The saving money threads were good.
Go back to to the other 99 shitcoin threads shitting up the entire catalogue.
Gabriel Stewart
that not how shorting works all long & idiot retail buyers am utterly trapped @ $7.50
while there are almost NO shorts stuck LCI would have move above $9 to threaten shorts while any move down on LCI (down being direction all momentum at) would continue for obliterate longs
can someone tell me how to calculate dividends? I'm fucking new and want to know how much gibs I'll be receiving. Thanks in advance!
Ryan Collins
Ah fuck it, next time T dips down to the 30.40 (or lower) range I may bag a few "token" shares. Hold them till I can make my big purchase. Can't help it, I owe T so much. Without his rally to $33 today I'd never been able to bag so many AMRN on the dip.
Carson Ortiz
Greed is good
Daniel Turner
This is the only good thread left on Jow Forums. Crypto killed the board and they should have created /cry/ years ago and ban all crypto threads from Jow Forums
See? A lot of people hate him around here, which is almost a reason to like him.
It’s never wise to have someone do all your DD for you.
Hunter Robinson
Everyone hates tripfags and no one should ever listen to them.
Ryan Hernandez
Since I’m in a good mood Options are a great way of understanding investor sentiment. The volume on the 5/20 $20 strike was high and as you can see a lot of people lost money today but the put volume was low and people made good money on that. In this instance however, it’d be hard to judge what to choose regarding where the price is going as the volume for the calls outbid the volume for the puts so to me this smells of insider trading shit and probably doesn’t say much to the stock price itself today. It’s possible the pullback was needed and that those 143 dudes knew the stock would go down based on insider info so they made money and the call dudes were like me and you thinking “Well the stock is on the dip so buy now!” But in reality we would lose however now that those options have expired the price could see a potential reversal as know one knows where it goes next. Check the options for the next month and see what it looks like that should give you a better look at the sentiment and how to play from there. Be warned though. Those options are a perfect example of the bull trap thesis showing how even people who are certain they know the stock needs to go up can be very wrong. I use option chains to determine big plays on a stock before making a commitment.
Sure in a way. I gotta T Divvy spread sheet. Say your 20 yrs old. Say you buy 166 T shares and let Drip (divvy reinvestment) work. You don't buy any more shares. You hold for 29 years (You'd be 49).
You'd be getting over 40k in basically "free" money each year. Time is your friend, the sooner you start, the more Profit you make. The older you start, the more "seed" capital you need to get the ball rolling.
Leo Jackson
>obliterate longs 90% Institutions. Outperforming peers. Sorry bud, shorts are fucked and are propped up by political hijinks. There's only one thing wrong with this stock right now, and it's literally your feelings.
What? This is the only thread on Jow Forums that actually deals with business and finance. Crypto threads are the cancer that has overtaken what was once a thread for fellow autists to learn entrepreneurship, investing, economics, real estate, wealth management etc. Freaking out over digimons on a business thread. Unbelievable.
Don't make my mistake. I kinda fucked up my 20's/early 30's. Didn't save enough. Now I'm kinda paying for it. AMRN is my only hope to make up for those mistakes and come out on the up side. Then I can bag my T babies, dump money into my bank accounts and do other shit without worrying about anything.
Wyatt Ramirez
This is how they keep us down. Fill the board with nonsensical pokecoin gamblers. Halts all discussion on wealth management, career progression, entrepreneurship, investing, real estate, in exchange for collecting digital poker chips.
Jews. Probably. Could just be some randos who are afraid of autists, portrayed by pic related, coming together to learn how to make shit happen in the world. Idk tho.
am telling you facts are longs trapped heavily around @ $7.50, $9, and $20 while shorts are chilling easy ATM
you wonder why institutional ownership almost = to short interest? because they taking buy side of shorts because they only ones buying this stock if you buy LCI @ this price you literally bailing out big money from crap position
You know, I wouldn't be surprised if that's the case. But honestly, knowing how stupid most people are, I wouldn't be surprised if it's just a corollary of Occam's razor - anons are bad at business because everyone's bad at business. Thus, the Jow Forums threads are necessarily bad. Or people are too afraid of risk too, idk.
>short interest 55% >Institutional ownership 90% >Almost equal I don't think so, user.
Austin Brown
Don't bother cripple waifu, he's just parroting LCIguy who is trying to dump his bags on these newfags
Cameron Cook
Big money wouldn't sit around 3/4 of a year for someone to bail them out. And insitutions have been increasing positions. They sold out if they wanted last August. Since then it's overshorted. Shorts aren't chilling.
Angel Rivera
Yeah, no. If the company goes bankrupt, shorts don't owe shit. Every institution would lose money on that deal, and the only one to drop recently was Deutsche (Ror!) which is fine by me because they're literally the last institution who's judgment I would trust.
LCI attracted their heavy short interest in August 2018, when it looked like they were going bankrupt. They've been doing well since then, and are no longer on the chopping block, so to speak. Their stock was historically trading much higher when they were doing much more poorly. They are far isolated from the class action lawsuits, and have a large capital reserve to cover their asses. They're trading below book price, outperforming peers, and are making a strong comeback with several contracts secured this year alone. They're not going backward, and certainly not going bankrupt as one could argue in August 2018. This is one of the best value stocks of the year, and if you don't want in, fine IDGAF. But stop misleading people when you have nothing to back your claim.
Xavier Rogers
I don't think that's the case here. This board used to be really good. Once the crypto trading card pajeets rolled in, they came in by the truck load. They like it, because they can gamble on coins, geek out over "the technology", and FEEL like they're doing business while not understanding jack about it. Replace crypto with any sort of card game and you'll see them behave in the same manner.
Liam Walker
Isn't AT&T selling off assets to maintain dividends?
Connor Carter
desu we should figure out a way to just have a stickied crypto general, 1000 post limit that just continuously cycles. Get rid of all the garbage here.
Liam Campbell
That's not a bad idea. Could make one, contain them.
Owen Collins
Why won't Hiroshimoot give cryptofags their own fucking board? Is it just because we haven't spammed the administration board enough? If there's serious shit going down in the crypto board, and it affects real world business, we can just have a sticky.
Getting job, career, business advice with stories and insight from Jow Forums would be fantastic. Y'know, an actual business board.
Adrian Collins
You guys sound like you missed the Crypto train...NOT TOO LATE! Crypto is here to stay
OH BOY CAN I?! So, how many trading coins are there? Which one is holographic and rare? How much economic value do they produce? Can't wait to make money! Just like all those guys who invested in baseball cards in the 80's!
If anything, we haven't even begun to see gains. BTC below 10k is a strong buy.
Aaron Cook
The shorts will burn and the heathen non-believers will be cast into the lake of fire for all eternity for they chose not to heed the good word. This is a chance to make right by their wallets and they chose Satan.
No, srs. I'm ready to make some moeny! Tell me all about this crypto you speak of. What does it do?
Anthony Long
Ror! Idk bout that user. They'll probs suffer tho.
Jeremiah Cox
It drives up the market value of AMD, big fan
Cooper Morgan
spoiler. China's going to take all their companies private at a stupidly low price then re-ipo on Chinese exchanges for stupidly high prices while the average American investor gets fucked
William Rodriguez
>tell me about this crypto >complains that the board is filled with too much information about crypto How are you this basic?!
>Comes to /smg/, the one Jow Forums thread not about crypto >to shill crypto >wont follow through Pathetic
Luis Anderson
>Why won't Hiroshimoot give cryptofags their own fucking board I suggested that 3 years ago and never got an answer. Anyone here uses IRC? If so asking the mods there might be worth a shot. /cry/ would be the perfect name for the new board.
This. I would speculate (((they))) are afraid the collective minds of Jow Forums would get together and start waging proxy battles. Given some time, we could potentially accumulate enough collective wealth to pose a threat to (((them))). Hence why cryptofags are still allowed here
Benjamin Lewis
If you didn't buy bitcoin when it was sub $100 you missed the train. It only went berserk when China started to get in. China ruined bitcoin despite the fact that it hit 20K people started to see it as an investment instead of a currency to exchange for goods and services. The day China cracks down on bitcoin is the day it will crash back to nil and become a viable stable currency. Mining will become profitable again. I don't get why everyone is trying to re-create bitcoin e.g. bitcoin cash, chainlink, ethereum and the rest of all that garbage.
You can easily make 2-30 times your original money in the stock market using options or playing volatility, contract-for-difference (CFDs), margin and leverage accounts depending on your risk tolerance.
Literally a million different ways to make or lose money in the real world using legitimate investment and hedging strategies but shitcoiners are still clinging to their dead dream. Is it because you are all NEET or underage morons with no bank accounts? Perhaps... perhaps.
My thoughts exactly. Not enough information tho. Jow Forums makes movements across the internet with memes, especially Jow Forums, but imagine the lot of us with a collective amount of real money to throw some weight around. Could make some waves. Not conducive to those higher up.
Brayden Ross
Comedy gold.
These threads are just shitposting and LARPing. Most of you are clueless. There is no value to these threads - just a waste of server space and one less spot in the catalog for a worthwhile thread.
And once again, Jow Forums is a CRYPTOCURRENCY BOARD
Lincoln Ward
I gave you something to look into with that image Stop being lazy and do some research ffs.
I wouldn't mind crypto if it was like, 10 threads at a time. But man, 95% of this board is unreadable garbage. Like honestly. The only threads that consistently get any traction are /smg/ and anecdotal wagie stories. We could delete all the crypto threads right now and nothing of value would be lost.
Jackson Martinez
Info doesn't matter when you're relatively small. You just buy shitty companies and liquidate them for more than they trade for
Dylan Hall
Much this. The intended use for digital tokens was as an alternate currency. Once people start hodl and using them as investment vehicles, it can't be used for it's intended purpose. Digimon chips are worthless, serving no purpose. Propped up by speculation. Poor souls.
Jow Forums is a business and finance board. Crypto came in and bumped off all the good threads. More worthwhile threads and posters left the board. This is the last bastion of hope because while trading is fun, market watching is not, and so we autists require some form of social forum to keep ourselves from losing our minds.
>clueless Hard to fall for crypto with a small understanding of economics. You fall in a similar camp with commies.
William Thomas
nobody is interesting in hearing what you have to say, fuck off and stop shitting up the thread
Landon Reed
The faggotry of crypto is neverending. Best we can do is safeguard and segregate smg.
>comes to the one non crypto board to shill crypto >doesn't follow through >"stop being lazy!" I think you've accidentally revealed your character.
Blake Gonzalez
Oh my god. I’m retarded, I have to stop trading from my phone.
BiliBili has an after hours bump I wanted to use to exit my position, and I made a typo on my limit price, giving what was effectively a market order. I’m straight up giving money away :(
>best trader on /smg/ giving advice to the LCIguy cult Why do you help the unworthy?
I can’t believe this guy has people so convinced that they’re doing his shilling for him.
You're right user, it's my fault this time. I shouldn't have responded to him in the first place. It only encourages them. It wont happen again. Thanks!
Luke Russell
All of Jow Forums put together would have 0.0001% the spending power of an institutional investor
Jonathan Williams
If rkg were correct, tute positions would be lessening to get out. Instead, they want in. Shorts are there because they overshorted and still want to believe it will go bankrupt.
Christopher King
I love birds
Oliver Ross
That's my point! What if it wasn't that way tho? And we had people earning significant returns from here? And we have sects of general solidarity? And this attracts more people seeking value? And Jow Forums becomes a threat just like Jow Forums has? Imagine real world shitposting like Jow Forums, but instead of fucking with the media, we fuck with markets?
Brandon Sanders
Well holy shit do I just have the bird for you, user.
Time will tell, Ive got no skin in the fight. But usually, when people are trying hard to get you to buy something, and one other person says “keep your money in your pocket” you might want to listen to that person.
Especially if that person loves guro and makes OC.
Samuel Perry
:0
Jacob Allen
This is stonk murket general. We're here to discuss stonks. Some people like this one and invest in it and discuss why they did. Did I do something wrong?
Nolan Scott
It would be hilarious, I actually laughed out loud thinking about it ... Not gonna happen though LCIguy has been shilling here without his trip recently. He needs someone to pump his bags ... Apparently Lannett is coming out with a generic Adderall which could provide the opportunity to finally get out of that shit hole position
Samuel Wilson
It could. We have to make movement.
And no I don't think he has. I've invested in LCI. Looks very promising, comprises a nice chunk of my portfolio. Cost per share at 6.18. They're doing well and on the path to improvement. Only a matter of time.
Landon Lewis
It’s a straight up sell the news event, the generic adderall has been known about for a while now
Notice that LCI “buyers” never post their holdings and rarely ask questions or sound unsure, despite the Company being under investigation from the US department of justice and several states attorneys general?
Honestly it would not surprise me if LCI Guy were one of the shorts. He boasted about fucking over anons and selling LCI while telling others to hold.
Dylan Martin
Right so lets hear more about LCI and Galt..ffs. I was just defending crypto since you guys are salty you didn't get in early enough and are too lazy to actually do some research. Why would you want a stranger to tell you truths/lies over the internet user? Leave SMG and do some research ffs instead of complaining about people making money off of a new digital asset class. I love SMG but you guys sound so pathetic when you start talking about shit you have no clue about.
Long what? S&P? BTC? Long BALL short PINS? Gotta be more explicit in your FUD
Ethan Young
you have the whole rest of the board to talk about crypto if we wanted to learn about crypto, we would go there
Josiah Cox
Holdings for you faggot. The company is "under investigation" sure. Did you read the allegations? VP Cavanaugh is a plaintiff, the only plaintiff in LCI, who was working for Teva at the time of the allegations, which is the primary company under attack, as they're at the center of the scandal.
I remember the instance you're talking about. Someone was using his trip. Got caught. Forgot to switch back. Either pendulum or baggie. Pay attention.
