Apocalypse Investment thread.

[Flyn]

Re: the GameStop price rise, you guys may be interested in seeing what a Merrill Lynch employee said when he didn't know he was being recorded. He called raising the investor's margins "fishy".

 

[importcrew]

lol. that was not even a real crash fellas... i mean go look at the big down moves from 2000 on. not only that, stocks are at an absolutely ridiculous valuation. stocks going up doesn't really = good, stocks being priced accurately is what is good.

Especially during the pandemic and Covid crash, tech stocks got extremely over valued. From my understanding, institutions is also shifting some of their money elsewhere (besides the bonds).

Do we still believe in MVIS now that its kissing $11

Absolutely... But it's hard to watch it get slaughtered and bleed. But it was a decent afternoon.

I think it’ll come back up. Fighting the urge to invest more.

I sold a 1k shares around $11. Bought back in during the $10s. Sold some losses on a few smaller accounts to have cash on hand.



Let's see what next week brings. I can possibly see some sort of runs and green on the Futures as the Senate did come to an agreement on the stimulus package and is expected to vote on it this weekend. The house is expected to vote for it next week and it's expected to pass next week. So once again, our economy is going to be propped up some more. I think this may help sentiment even if a little bit. We shall see because anything is possible in this uncertain economy.

 

[Sprayin]

So I haven't been watching it because I have other shit going on. But God damn MVIS is in the shitter.

 

[Tight Lines]

So I haven't been watching it because I have other shit going on. But God damn MVIS is in the shitter.

Have to hope something good happens as far as the earnings report on the 11th.

 

[importcrew]

I'm hoping that some of this selling pressure is due to earnings but a lot of what they'll report (earnings wise) have already been mentioned in previous PR reports and filings. I'm hoping they do give a date for the April lidar pr and at least something along the lines of a partnership or something. Either that, or at least stay in this range until after ER and then move back upwards with the lidar catalyst.

 

[importcrew]

Treasury bonds are slipping, the Daq is up.... Might see some green today in the tech sector.

 

[Bob Kazamakis]

Come on BSQR

 

[Lord Tin Foilhat]

 

[Bob Kazamakis]

View attachment 83045

 

[importcrew]

 

[frank]

Hope the market picks up some as I have a few stocks that I would like to sell off if I can come close to break even.

 

[importcrew]

Hope the market picks up some as I have a few stocks that I would like to sell off if I can come close to break even.

I'm down 40ish% on BSQR unfortunately. I was looking for confirmation of an uptrend on it but so far it doesn't show it right now. Let's see how it closes, but looking to average down.

 

[Marko]

I don’t feel like reading through this whole thread but what websites are good to start buying and selling stocks?

 

[importcrew]

I don’t feel like reading through this whole thread but what websites are good to start buying and selling stocks?

Up to you really, but I do like TD Ameritrade (think or Swim platform is great when you get the hang of it), or ETrade (ETrade pro platform is good as well). I do have Robinhood but I like it for ease of margin use (don't suggest it unless you know the risks!)

 

[LikeABauce302]

I'm kicking myself for selling my Gamestop

 

[Lord Tin Foilhat]

I'm kicking myself for selling my Gamestop

Look at us paper hand bitches ?

 

[Sprayin]

Look at us paper hand bitches [emoji106][emoji38]

Still down significantly from its peak. Paper hands in the 300s still looks like a good play.

 

[importcrew]

Still down significantly from its peak. Paper hands in the 300s still looks like a good play.

This girl I follow thinks it'll hit back up there.

 

[Lord Tin Foilhat]

Still down significantly from its peak. Paper hands in the 300s still looks like a good play.

Not when you bought 200s and sold 70s....

 

[Sprayin]

Not when you bought 200s and sold 70s.... [emoji38]

Stonks

 

[LikeABauce302]

Not when you bought 200s and sold 70s....

My cost basis was around $280 and sold around $115 . Buy high, sell low!

 

[guspech750]

It was nice seeing green numbers in my accounts today.

Wheeew.

 

[importcrew]

Should be a green day. Unless unexpected news comes out but the inflation data came out and it was lower than expected. Bonds lowered after the data came out and there is also a bond auction today. Tech sector jumped as soon as the inflation numbers came out.

 

[Great White Drake]

Should be a green day. Unless unexpected news comes out but the inflation data came out and it was lower than expected. Bonds lowered after the data came out and there is also a bond auction today. Tech sector jumped as soon as the inflation numbers came out.

That’s what I was ganna say.

 

[Lord Tin Foilhat]

GameStop 273....