I now own 360sh's of ETSY. That is my disclosure. It is currently trading at $55/sh. I think it is going to double.
I'll give you a quick rundown. Right now it is trading as a sector in line with eBay. Matter of fact once you adjust shares outstanding to share price eBay and Etsy trade at exactly a 5 to 1 ratio. The exact market cap difference between the two!
I'm not going to bore you with my math. I'm sure others can do it better. But why are the stocks trading on a 1 to 5 market cap ratio when in earnings they are trading at a 1 to 3 ratio? Plus eBay isn't growing very fast, while Etsy is growing extremely quickly.
So if we go from a 1 to 5 ratio to just a 1 to 4 ratio, not even going to 1 to 3 (like earning reflect) we are looking at an easy double in share value.
I've been trading Crypto for the longest time now and wanna get into stocks too for something I wouldn't have to wake up in the middle of the night to sweat over, what are some good, non-KYC (if possible) brokers for Europe (Germany/Belgium) and the GCC (Emirates)? Low fees, good, robust platform, all that jazz
Also, what weekly/monthly returns can I expect as a casual trader (Don't hold positions for long at all, not looking to invest but rather trade)? I'd be happy with 5-10% monthly, the lesser work, and the more returns, the better
10Y2Y inversion is a perfect predictor (as in 100% recall and 100% precision) of recession at this point. However the period between the first inversion and the exact start of recession is not predictable and can be as small as 6mo and as long as 2yr.
>why is there only certain ones available? are those being sold by other investors? where did they get them? please do not buy puts without doing some research about options
the last article will explain why options that you see through a broker such as robinhood are quantized if you read through these three articles and can't answer the questions you posted, then you shouldn't enable options trading in your brokerage account
Thomas Morales
Yes, I think it will double in 3 months. Keep in mind it was recently $72 like your chart shows, so isn't much of a stretch.
Logan Evans
yesterday I was thinking of buying tlry and cgc calls as my first ever options trade but pussied out. Lo and behold tlry spikes 9%
>Being born is a perfect predictor of dying, however the period between the first breath and last breath is not predictable and can be as small as 6 seconds and as long as 100 years.
>what are some good, non-KYC brokers lol >for Europe and the GCC? lol >Low fees lol >Don't hold positions for long at all, not looking to invest lol >I'd be happy with 5-10% monthly lol
A 1.5 year deviation is much better than a 100 year one.
Jose Flores
>please do not buy puts without doing some research about options Yeah I see that. It's way too complicated and there's too much on the line to just start clicking buttons and figuring it out
thanks, will read
Cooper Walker
ebay seems to have revenue that is >10x as much. don't just look at earnings, look at earnings and revenue both
RIP my N-word the stop loss can take, or the stop loss can save you it really cuts both ways
much love
Adrian Parker
>(if possible) Realise improbable, but doesn't hurt to try >5% You really saying 5% is a stretch negro? >everything else What's wrong with that then?
Explain this to me. If you have 100 shares of a stock, is there any reason to set a limit sell for profit rather than sell calls on it?
Say you have 100 shares of coke, trading at 52 bucks. You think "I'm not greedy, I'll take profits if it jumps to 60," and set a limit sell for that price.
So why not just sell an option with a strike price ~60 and if it reaches that you get the profits from selling them at that price + the premium, right?
Jayden Nguyen
I'm trying to help some of you out. I'm bearing it all. Full disclosure. Here are my trades.
Buy ETSY, you will not be disappointed. I'm an accountant. I looked at the financial statements. The growth rate is unbelievable. They are controlling their costs in a way I didn't think a green management could ever do.
If another financial crisis occurs there wont be a recovery. Were facing a global depression that could take 10 years to get out of
Lincoln Walker
TLRY got rocked after hours though would you have sold the calls during the day or held them in your greedy little paws ? ~ plus the trump tweet dragged the whole market up, that was unforeseen
wait you took out the loan to go all in on ETSY?
I like it. Power move ;)
how often are you setting sell limits to take profits? how tight are you setting these? do you know what short vs long term capital gains tax is and how it effects your realized profits?
most people don't put caps on their gains like that. if you're short term trading, you watch the position and place your sells more manually. and for long term positions, you should be just picking good stuff and holding it until retirement.
You'll barely get anything for a call that far out but sure. And its easier to cancel a limit sell than get out of a call if you change your mind.
Grayson Wright
A recession isn't going to be started by a Trump tweet.
Remember Ben Graham. Mr. Market will sell to you at ridiculous prices for no reason. And a tweet is no reason.
>wait you took out the loan to go all in on ETSY? > >I like it. Power move ;) Thanks. I was inspired by pic related. I figured the quote of: "If you take on large debt make sure someone else is paying for it" applied to stock investments also.
nice with your inexperience in stocks, you'll be lucky to even hit +7% in a year, much less 5% in a month. also lol at just being in europe in general. your best bet is to sign up with interactive brokers if they serve people in your area. 10k minimum deposit. you are correct, it's better to write the call. literally getting paid to sell your stock. we're i in a position to throw away fuck you money at shitshares like etsy, i'd humor you with a 100 lot and a written call. Good luck, but you're a retard. As they say, beancounters make the worst investment advisors.
>Good luck, but you're a retard. As they say, beancounters make the worst investment advisors.
Thanks user. I guess I just have to believe that it is better knowing how to read a companies financial statements than it is not to.
Gavin Ross
Tell me more, cookiechan. I wanted to invest in these fuckers, especially after I found out that they outlasted a cartel that fucked with them, but then South American markets are just too sketchy. Like, worse than China.
Futures wojak posting is an institution, it's an integral part of /smg/ If futures are red, we post a pink wojak and pretend the sky is falling. if futures are green we post a green wojak and buy a larger yacht.
also my mind is EXTREMELY strong. Not very smart, but strong, yeah.
Blackrock, the investment managing company who fired their "old white men" (their words not mine) to make way for INDEPENDENT STRONG DIVERSITY HIRES and who also happens to be down 11% on the year chart?
dude you're even more fucked than what i even assumed to begin with.
they own a bunch of LCI too they have 7 Trillion AUM, they own 5% or more of everything that exists. If you want to have fun, try and find something that BlackRock doesn't own (except obvious things like a stake in one of their competitors)
" But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows." 1 Timothy 6:6-10
>" But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith content. But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows." 1 Timothy 6:6-10
I'm going to hell but I bet a Wage Slave wrote this....lol
John Scott
Even better!
Angel Evans
I got more quotes for you, I keep mine in stickynotes instead of notepad:
I have slowly come to the terrible revelation that none of you know what the fuck you are doing. I have a Master's in Accountancy with a minor in Finance. I work for a fortune 100 as a corporate accountant with a CMA and CPA. I used to have some faith in user. None of you know how to actually value a company. You can't read financial statements. For fuck's sake you think TA works and the entire field of decision science churns out dissertations every other day highlighting their absolute dismay at the fact that brainlets ever consider using it. You have no idea what Dunning-Kruger is. You don't know what survivorship bias is. You are fucked.
>women just good men at invest yeah I dunno about that one lol
blackscholes is flawed, it assumed stock returns are lognormally distributed. While mostly true, it is globally false. "Everybody has a plan until they get punched in the face." - Mike Tyson
This loan is an investment with a guaranteed return of -6.99% annually.
I don't understand how people willingly take on debt like that, but I've never been truly, TRULY broke, so I guess it's hard to wrap my mind around.
>futures red There's like 10 hours until the opening, don't sweat the futures
Don't mind that. It's our most mentally ill individual. I think it's working on a tulpa to cure its loneliness.
Without fear of heights, there can be no appreciation of the beauty of high places. -Liu Cixin
A woman can be just as good as a man at investing, but that doesn't mean trying to reach a 50:50 ratio of women to men at a company is a wise investment, especially if the job market for that field is less than 50% female. However, You are based as fuck and you better not try to overdose just because you didn't place a bear bet on cheapies day.
I'll pay you to live in a cage at my place and make OC for /smg/. Free chokies overy day :^)
Actually user the true interest rate is 4% and that is close to the very best margin rate you can get, which I believe is still Interactive brokers. I'm not lying about what I think of Etsy and yes I have done a lot of homework on this.
“It’s of some interest that the lively arts of the millenial U.S.A. treat anhedonia and internal emptiness as hip and cool. It’s maybe the vestiges of the Romantic glorification of Weltschmerz, which means world-weariness or hip ennui. Maybe it’s the fact that most of the arts here are produced by world-weary and sophisticated older people and then consumed by younger people who not only consume art but study it for clues on how to be cool, hip - and keep in mind that, for kids and younger people, to be hip and cool is the same as to be admired and accepted and included and so Unalone. Forget so-called peer-pressure. It’s more like peer-hunger. No? We enter a spiritual puberty where we snap to the fact that the great transcendent horror is loneliness, excluded encagement in the self. Once we’ve hit this age, we will now give or take anything, wear any mask, to fit, be part-of, not be Alone, we young. The U.S. arts are our guide to inclusion. A how-to. We are shown how to fashion masks of ennui and jaded irony at a young age where the face is fictile enough to assume the shape of whatever it wears. And then it’s stuck there, the weary cynicism that saves us from gooey sentiment and unsophisticated naivete. Sentiment equals naïveté on this continent...(1/2)
Luke Scott
Guys >NVUS Gonna moon over the next 3 days. Good ER. Stock undervalued >PES Gonna moon by November. Good ER. Merger coming. Buy and wait until then >HSGX Might moon as early as September, but might actually cost you money. Riskiest of the 4. Still, a small cheap position could pay off with low risk. >SNSS When ASH happens, we're hitting $3 very quickly. Over $1 by October highly likely.
Thomas Green
(2/2)...Hal, who’s empty but not dumb, theorizes privately that what passes for hip cynical transcendence of sentiment is really some kind of fear of being really human, since to be really human (at least as he conceptualizes it) is probably to be unavoidably sentimental and naive and goo-prone and generally pathetic, is to be in some basic interior way forever infantile, some sort of not-quite-right-looking infant dragging itself anaclitically around the map, with big wet eyes and froggy-soft skin, huge skull, gooey drool. One of the really American things about Hal, probably, is the way he despises what it is he’s really lonely for: this hideous internal self, incontinent of sentiment and need, that pules and writhes just under the hip empty mask, anhedonia.” ― David Foster Wallace, Infinite Jest
Gabriel Gonzalez
based
Bentley Martinez
>Well, since absolutely nobody on the SMG seems to actually have done this work in a professional capacity, imagine then that you have to explain to the individual that signs the cheques that pay for all the worldly shit you need (which includes your kids' tuition) that you decided to buy some fucking bonds, which are risky by the way, because holding cash for 72 hours made you get crazy ADHD and you couldn't help but buy something like a degenerate gambler. >You guys need to put your big boy hats on and realize who you are playing against. >This market is not your money. You're retail. They are fucking serious. >There are funds that lose entire management teams because the idea of holding cash for awhile is so despised in this casino in the sky as it were. >I mean to think people even today are giving Buffet shit because of his cash position. >Wake the fuck up.
Gavin Morris
The consideration of greatest importance when evaluating any potential common stock issue is the recent price action. If the market price has exhibited a steady downward trend, it is inevitable that the share price should sooner or later return to the historical norm. For this reason alone, KHC and LCI are my two bulls of the month.
>>blackscholes is flawed swap normal dist for weibell dist, bam! its now optimized for real world or use something fancy if you want, its negligible if the option is shorter than a year or worth less than $1000 a call anyways
>also lol at just being in europe in general Am I really this cucked? >everything else Jesus fuck nigga, you're basically telling me to stay in crypto and hope this bubble doesn't burst while I'm in is that it?
Also, I doubt 5% is really that much of a stretch for a month, especially if you check the charts on the daily and make short, profitable trades often. The general consensus on /smug/ seems to be that it's very much achievable, plus I'm not dealing with couple hundred Ks to worry about liquidity
Jaxson Ross
He called on me formally during my first week and stayed to tea; he ate a very heavy meal of honey-buns, anchovy toast and Fuller’s walnut cake, then he lit his pipe and, lying back in the basket chair, laid down the rules of conduct which I should follow; he covered most subjects; even to-day I could repeat much of what he said, word for word. “ . You’re reading History? A perfectly respectable school. The very worst is English Literature and the next worst is Modern Greats. You want either a first or a fourth. There is no value in anything between. Time spent on a good second is time thrown away. You should go to the best lectures—Arkwright on Demosthenes for instance—irrespective of whether they are in your school or not. . Clothes. Dress as you do in a country house. Never wear a tweed coat and flannel trousers—always a suit. And go to a London tailor; you get better cut and longer credit. . . . Clubs. Join the Carlton now and the Grid at the beginning of your second year. If you want to run for the Union—and it’s not a bad thing to do—make your reputation outside first, at the Canning or the Chatham, and begin by speaking on the paper. . . . Keep clear of Boar’s Hill . . .” The sky over the opposing gables glowed and then darkened; I put more coal on the fire and turned on the light, revealing in their respectability his London-made plus fours and his Leander tie. . . . “Don’t treat dons like schoolmasters; treat them as you would the vicar at home. . . . You’ll find you spend half your second year shaking off the undesirable friends you made in your first. . . . Beware of the Anglo-Catholics—they’re all sodomites with unpleasant accents. In fact, steer clear of all the religious groups; they do nothing but harm. . . .”
I don't know what their thresholds are... 5$ bin, 10$ bin, etc.? Either under $4 or under $5 seems to be the biggest amount of free stocks, and then some under $10.
you can sort of see a linear increase vs time once they go down under ~$10, and then a steeper linear once they go under ~$5
how many new RH accounts are even opening these days, I wonder? do they publish account growth stats? I'll have to dig a little bit
Logan Hernandez
>>They thought that they found true value fucking how? what possible growth is there for used physical media store in a world were future media is less and less physical?
maybe? depends on the holdings per trader, although in theory id hope RH wouldnt use free stocks in its average price payed for stock calculations (RH is janky tho)
Note about the US-China trade war: Originally, America was scheduled to add tariff on about 300 Billion import from China, however some of them have been deferred according to Trump. According to further investigation, it is shown that about 60%, aka about 180 Billion, will be deferred to December 15, while the other 40%, aka about 120 Billion, will continue to get new tariff on September 1. Also about 1% products related to e.g. medical, safety are excluded from the tariff list.
Mason Lee
Here's a fact you guys may not know. We are getting absolutely KEKED on our stock investments. Back in the old days, it was common for good companies to pay out 60-75% of their earnings to shareholders in dividends. Nowadays, we get a pittance if we get paid anything at all, and the really sad part is that we celebrate the prudence of the management for stealing our rightful share of the profits.
you can chose to invest only in companies with a high payout percentage If it is really better, you will easily outperform the market ;^)
Daniel Morris
I just want to say A pox on Johnson and Johnson for turning their bug spray 'Raid' from a spray into a Jet stream mechanism. Thats the worse business move seen in my life
interesting. How long has that been the case? I wonder if that will cause the traditional returns found in the stock market to become less competitive.
Oh well, still the only game in town, other than real estate. Anyone here mess around with any of those real estate investment methods that open it up for small timers, like Self-Directed Real Estate IRA's or those services like Fundrise?
I was just looking at that! also: > China fixes its daily yuan midpoint at 7.0312 — stronger than expected >Trump says ‘I have no idea’ if the Clintons were involved in Jeffrey Epstein’s death, fueling conspiracy theory This guy, he just loves fanning the flames. I was trying to find data on prisoner suicide by crime, but so far it looks like they don't have it available like that.
Yeah, just sell JNJ then, sell it right to me.
Adam Anderson
>>RH counts the free stock as 0 cost which is also kind of janky but it's probably better that way ehhh, debateable
replacing one error with another, not unexpected or unusable, but it taints any data related to that either way...
It's pretty sad how Jow Forums is now always 99% about crypto.
Jeremiah Williams
What's the other 1%?
Brody Williams
isn't a jet spray going to be more effective for long range snipes and more efficient use of the Raid? a wider spray just means you get more Raid everywhere to kill the same amount of bug
yeah yeah yeah absorb the market knowledge into you semiconscious mind absorb the truth about price movement into your unconscious mind market forces are mostly controlled by the dream states of traders living and those who have passed on
