Popular brokers for stock trading: Robinhood >commission free and no minimum to open robinhood.com
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> It's been X days, why isn't my account verified yet? Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.
> When is it coming to my country? The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.
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Pretty good interview with Derek Ross of my pet penny stock Future Farm Technologies up on Technical 420. It's a bit of a hype piece but everything Ross states in the article is true. Keep in mind federal legalization of industrial hemp is much closer than rec sales of marijuana is in the US (there is already a bill making its way through the process right now):
It seems investors like this article as FFT is currently +11% today.
Hunter Morris
can you talk a bit more about this? is the implication that you pay less for earnings off hardware like APPL compared to software/service companies? why is this so?
AAPL P/E 16 AMZN 311 FB 27 GOOG 56 NFLX 212
reposting for this bro hoping to gain some knowledge about his reasoning
William Murphy
>better short a company which has been beaten down massively over the past week and has negative news all over the mainstream media
Never going to make it son. Did you not get the memo to buy the rumour and sell the news? Same with FB, but you need to sell the rumour, then buy the news.
Kayden Bailey
REITs tanking, buy the dip
Joseph Morales
my blood alcohol was a .330 when they took blood and my friend and his father took me in
not him but imagine the marginal profit from an additional consumer. if you're apple you have to physically build a new computer and it costs you raw parts, shipping and so forth. if you're facebook it costs you literally zero to service a new customer.
Blake Garcia
Do you think it is a good idea to sell put when you are long a stock ? I just sold a put on OHI and I plan to be long on that.
The highest BAL i've seen in someone who was awake was .7. Dude was a drinker all his life. He would go into full on DT's WHILE STILL WITH A BAL OF .3.
He died alone on a cold day.
Logan Smith
NAK attack
Charles Reed
Why did DIS crash today? Should I buy calls?
Robert Rivera
that does make sense and what i was thinking but i wasnt sure. How is this affected by how much Apple makes from the App Store? At this point that revenue has to be one of their biggest doesn't it, but I have no idea how much they make per iPhone of course
Sebastian Lee
we're at war.
Brody Rogers
idk but I'm getting fucking tired of this shit
Luke Rodriguez
app store revenue is increasing but apple's revenue and profit line is still dominated by the iphone
Owen Lee
Is LBCC getting delisted?
Wyatt Parker
boomers are continuing to move their retirement funds away from stocks.
Chase Lewis
Yes sir.
James Miller
I sold my junk bond puts, political uncertainty is driving boomers to bonds even with rate hikes. Rip :( What should i replace it with?
>The expenses of software are much more concentrated on growth, just fundamentally from how the business model of software companies work as opposed to hardware companies. My response from the last thread. I typed out a really fucking long post on my phone, then it said "response too long" and deleted the whole fucking thing. Give me a minute to do this again.
Joseph Anderson
Do you think USO can gain 8% by August?
Adam Campbell
>tfw robinhood keeps almost marking me as a pattern day trader
this shit is so fucking annoying, why do they care if i lose all my money?
Adrian Hall
Because the government will fine them
Dominic Wilson
thanks man im still learning trading and this makes sense, the more investing a company has to do to generate a dollar in revenue the less as an 'investor' we should pay them forthe right to that profit
Is this also why almost all the biggest companies by M.Cap in the world are predominantly software, besides Apple? The extra revenue they generate just scales their stock price/mcap so much more than old boomer companies selling dumb hardware?
Luke Rodriguez
Do this and you'll get 14% for as much margin as you want to risk.
Henry Perez
ESPN+ released today. People selling the news.
Adrian Morris
There are federal laws about day trading.
Dominic Davis
It’s not a Robinhood thing, it’s a regulatory thing, I think.
Pic related are my options. At least they’re cheap desu.
Justin Perry
>Do this and you'll get 14% for as much margin as you want to risk.
Ok, so software companies are much better economies of scale. I can start a software start-up from my apartment on my couch and the only risk -- all I have to lose -- is my time. Additionally, a website can scale to millions of users before experiencing any growing pains. If you have any monetization plan at all, you'll have fat wads of cash to pay for a team of brilliant developers to fix the issues for you when you finally do experience growing pains.
Hardware, on the other hand, requires an investment. To sell 1 million computers, I have to make or buy 1 million computers.
Specifically addressing the P/E ratios... Software companies expenses are salary. Salary is paying for employees to improve and grow your product. If FB laid off all their employees, they'd still be making billions in revenue and only paying hundreds of thousands or so for the cost of running their servers. It'd be like 99% profit. Alternatively, AAPL gets billions in revenue, but they have to pay billions to make those computers.
Hardware companies have to think about their profit margins in a way that software companies don't until they get to the scale of Google and are in the fortune 500.
Hardware companies have a completely different mentality when it comes to paying for employees. Employees cut in to the profit of each computer sold and contribute to how much each computer costs.
Salary is paying for GROWTH. The main and basically only expense of software companies is salary. The main expense of software companies is GROWTH. Hardware companies have to pay for cost of goods sold and try to subsidize growth with the profit margins left over after taking out billions in costs of goods sold.
Elijah Hall
Consumer Cyclicals are gonna get rekt .
Elijah Green
Cmon trump I need a war in Syria for those sweet KTOS gains
Also KTOS is currently holding tight above 11.05 support. Next resistance is in the 11.50 range.
So the idea when investing in either of these types of companies is that you have to worry a lot more about debt and eventually bankruptcy with a hardware company since they have to spend money BEFORE making it, relative to a software company? So software trades at a much larger premium because they are much more likely to continue to generate top tier profit/revenue with a relative lack of costs necessary to faciliate that revenue?
And this basically shows up in investing with say sub 20 PE ratios for hardware companies and up to 60-80 PE ratios for software companies, generally speaking?
Wyatt Hernandez
That's one of the worst lineups of investments I've seen in awhile.
Gavin Rogers
That's going to be a tough one... You're going to need the national average for diesel to hit like 3.5 by the end of may to make any money on that. Which is entirely possible.
The higher P/E ratio is for the higher prospect of growth for software companies. Their products/services are easily scalable and require little capital expenditure. Besides, because of how the GAAP was conceived, the R&D are expensed which is not true. The knowledge and know-how are stored somewhere, so R&D should be capitalised. That's why tech companies like focusing on the non-GAAP figures.
And generally speaking, software companies boast higher ROIC and margins.
Robinhood locks you from making any same day sales past 3 as long as you have PDT protection on. If you make a fourth, I think its a 90 day lock out on any same-day trades
Liam Miller
unless ur portfolio > 25k
Christian Baker
If you have to ask about PDT rules you don't have 25k t. 2.5 portfolio
Sebastian Foster
Holy shit did you see what happend at TVIX's office today? I just got this from the CEO.
KTOS should hit 11.50+by next week, based on resistance support levels from simple MAs. Need to see it stay above 11.05 this week. Should have some contract announcements soon, including overseas contracts. We gotta arm our allies to drop bombs in Syria.
it would presumably at this point if it stays above the kijun jump up to and cross the skinny ichi cloud at 11.75 wouldnt you expect at a high frequency? local high 12.6-~ next resistance on its way up to the moon
This Market Complacency holy shit. People are expecting too much for earnings. This is gonna end up in tears.
Chase Diaz
if the answer is "slower than another stock will rise by the same amount," sell AMD and buy that other stock. I lost 20k holding a stock during the trump bullrun. dont be me user.
Easton Kelly
I'm worried about volume. It hasn't been getting much attention. It needs some news. With news I think your right and we'll blow up to 12.6 and likely shatter resistance.
are you a retired pro trader just chillin on your boat with your profits? whats with the pics today just curious
Adrian Hernandez
Why do I have to fund my account at all? Why can't I just trade stocks, have the brokerage firm mail me a check for my profits or, if I lose money, I'll mail the firm a check for my losses?
Robert Sullivan
>if the answer is "slower than another stock will rise by the same amount,"
If you're on margin, you can borrow up to 70% usually of the stock's value to buy another stock. Thus, you hold two positions for the price of one. It's risky as fuck, but it can help in these type of situations. It's just one way.
