Ally's dividend reinvestment has no fees, the DRIP program is free so its not a big issue. I lose about $96 per year in fees (purchase on a schedule twice per month every month) but i've wasted more than that on at a bar in a single night
I was teaching my self calculus last night and what we have reached in the market right here is called a point of inflection. This is a very significant spot and its where the shekels are really made.
God damnit I wanna buy MSFT but I still waiting on my moneys to xfer
Christopher Miller
Oh geez. This is why i never make specific stock recommends to family. I'm okay with losing my own money. Possibly being indirectly responsible for losing other people's money makes me really nervous. I would make an awful hedge fund manager.
Get ready to buy some LCI.. looks like they're gunna try a roll into a shake out of stop losses.
With LCI getting LEVO back...
LCI to $60
Alexander Long
hey that's my 401k balance! almost exactly (I'm 28)
lettuce know if you have any issues with any calculus concepts or notation, there are posters here waiting to help u (25% of these treads are engineers, the rest are NEETs)
yeah I try and never be on the same side of a bet with family, friends, or even too many other /smg/ posters if I can help it. The obvious exception is that pretty much everyone is long indices together, of course
Liam Young
My grandma is going to leave me her 50k shares of TQQQ How long do I have until the market crash?
Dominic Thomas
Well my Dad's liked it so far, it's gone up about 28% from his initial investment point, which was a bit after mine. His reasoning was "That money isn't making much interest in the account it's sitting in anyway and I like this stock"
Jaxson Lewis
Shill me LCI
Robert Watson
Why is the market going up? I thought everybody was at lunch >_
Eli Hughes
Based and divvypilled
Jaxson Adams
>making stock recommendations to your family
There was one guy who convinced his mom to sell her retirement portfolio right when the market was at the bottom last December
Asher Mitchell
The dollar menu tacos from Jack in the Box are like, so good. everyone should go and buy them. Open 24/7
oh no no my Dad isn't throwing THAT kind of money at it. Plus he has a large government pension, he's only playing with money he's willing to lose. Still I don't want to be the asshole son that loses him money.
I'd actually kinda like SNSS to close lower than 0.95 today because I'd really like to grab another chunk of shares tomorrow before the options expire on Friday.
Jacob Perez
Looks like another hourly oversold bounce, now in inside candles since the big red earlier. I'm not covering my short yet.
Carson Cox
As long as they aren't eating at Chipotle I don't give a rat's ass.
Hunter Turner
no establishment can compete with Jack In the Boxes dollar menu
Thomas Fisher
>The dollar menu tacos from Jack in the Box are like, so good They are flavored cardboard, user.
Benjamin Evans
is just hugging the 50 ema on the hourly... this shit could go either way, but I only got another 3 hours on my puts.
Jonathan Reyes
there are zero (0) Jack in the Box locations in the Chicago area. Nearest one as far as I can tell is Indianapolis. for me, it's the Sourdough Jack
The universe may not give me what I want tho, we're already up 6.44%
Joseph Ramirez
Back in august LCI lost a drug called Levothyroxine which shorts assumed the loss would lead LCI into bankruptcy.. but it hasn't.. and isn't going to.. LCI actually got Levothryoxine back in a new distritbution agreement and has introduced more drugs to their pipeline while paying down long term debt early.. there are many things LCI has done recently.. but shorts have drove it down to be very undervalued.
LCI to $60
Jaxon Johnson
Yo what's your opinion on the CMG stock?
Brandon Russell
don't buy it that's all you need to know
Angel Martin
Bobo, the market is just cooling off before the next rally. You're not going to win today. There's too many people purchasing shares of everything and anything. Come back next week ;^)
i'm holding for life time and then retiring on my dividend income. i'll continue to DCA on the way down during the next recession then on the way back up. i'll likely increase my savings ratio on the way down and up to get better gains
Owen Richardson
leave this thread forever.
Ryder Bell
>mixes 'going up' and 'going down, but less than SPY'
never gonna make it
Jaxson Cook
Well flavored cardboard, deep fried and with just the right amount of hot sauce.
I bought Ferrari shares a year too late. No one ever posts about stocks like ferrari or coty that double in price, just garbage like Coke and AT&T. You guys need to branch out
Hunter Long
*ting* *ting* *ting* Can I have your attention please? I have an announcement to make.
So I keep stats on my trades and I have managed to do something that is almost unbelievable. If you did the opposite of every trade I made over the past 100 trades with heavy size you would be absurdly rich. My approach to the market is perfectly wrong. Whatever I see in the price action or the charts is wrong. I am more wrong than any guru or well known trader on the face of this Earth is right. I'm occasionally right, but way more often and with way more potential magnitude (if I didn't stop out) I'm wrong. I look at my spreadsheet and if you were taking the opposite of the trades I was taking, you would be practically supernatural. Is it possible to design a system that trades against yourself? I have legitimately considered swapping my hotkeys to trick myself into selling when I think I should be buying and vice versa.
Bobo Bears Gang on patrol. Hard. Grind mode activated. Kabbalah Bull sacrificed on the altar of Q2 witchcraft - Hecate Mooning.
Kayden Perry
So Iran says pompeo misunderstood their diplomat, and their ballistic missile program is absolutely not up for debate. Yet crude continues to plunge. What gives?
Grayson Cruz
/smg/, quick question:
How are prices actually determined relative to volume? Lets say there is someone holding 10 shares of stock A, a stock that has 100 total shares outstanding, that wont sell their stock for anything under $20. Everyone else who owns stock A is holding and not naming their price. The price of that asset is entirely determined by the one guy trading and all the other people outside looking to buy in, right? Basic supply and demand. So if those 10 stock A shares were sold to someone who turned around and did something stupid, like offer to sell his 10 shares for $5, or if the original guy just says fuck it and sells at a loss, does that really result in a crash?Or is it possible that there is some sort of volume weighting to price action? Because if there isnt, wouldnt that mean all stocks with low volume are vulnerable to severe price manipulation despite how many shares outstanding there might be available?
Oliver Bell
volume doesn't determine the price. the only thing that determines the price is supply and demand.
Aiden Morris
Lets say every stock is borrowed and shorts will have to eventually pay back stock and everyone that is holding stock is holding at $60 but the stock is trading around $6.. when stocks go to cover the price will go to the lowest seller which would be at $60