Game Over (Game On?) for Financial Markets?

holding on to my 1 share forever… red doesnt scare me

1 Like

Up 20% today lol

Quick. Everyone buy PENN lol.
I saw it on the internet, so it will make hundreds.

2 Likes

Honestly getting in early on meme stocks could be a viable strategy as long as you beat the rush, I will be keeping these in the corner of my eye after WSB comes back down to earth again.

Just added ARKK to my M1 Account.

I will add the individual ARKs when (if) the market down turns again.

That’s just it. I didn’t get into GME because it was already over $200 when I saw people saying to jump in. Wasn’t worth the chance of losing when everyone decides enough is enough and pull out of that stock. As shown by so many who bought in late thinking it was going to go even higher than it did. The only way I’m putting in on stocks like that is if I’m in the game early to catch the wave. Throwing your life savings at GME would have been stupid, way to much risk.

1 Like

I’m sticking with long term investments and staying away from meme BS. Looking to get into Fiverr next time it dips (which might be tough since Motley Fool made it a must buy yesterday). Also putting some money into Carnival Cruises because when the pandemic is over I think there’s going to be a huge surge in people going on cruises. Everyone I know that is into cruising is losing their minds just waiting to jump on a ship. Go on any of the cruise forums and there are tons of posts tracking when they might open and people just chomping to buy. I’ve got a couple things going with airline stocks as well, before the reddit nonsense on AAL (though I did appreciate that brief boost my AAL stocks got from them).

3 Likes


i am looking forward to my first cruise, i hope it’s fun

1 Like

People say he should have waited for tech support.

If someone send’s an email that says you owe 750g and you need 130 of it in the next 72 hours, I think most people are going to freak the fuck out.

Their interface fucked up, he didn’t actually owe any money, his trades actually would have profited if sold.

Would there even be a chance you’d owe money anyways? I thought with Robinhood, you have to put money in to buy any stocks. And if the stock looses and goes under what you purchased at, you just get less money if you sell to the point of getting nothing if it gets that bad. What am I missing? I feel like some quick google search or talking with someone outside of Robinhood would have cleared this up pretty quickly.

he was fucking around with options. If you buy a “call” or a “put” (this is all I do, bet that a stock will go up or down by a certain date), you have a max cost and can’t lose more than you put in.

He sold some calls and puts and when you sell there is theoretically an infinite upside, or downside. I don’t fuck with that shit.

1 Like

1 Like

Unfortunately, options buyers are notoriously bad investors, and according to the CBOE, some 90% of options buyers lose money

lol. From the article below.

The writer does a good job of breaking down the similarities and differences between now and the dot com bubble. The Fed being the biggest difference, but most others looking similar.

1 Like

Every day for the past decade I’ve seen at least one article presenting evidence that the market is about to crash…

Just sayin

@vq30de oh definitely. Regardless of the click-bait title, it’s impossible to come to a conclusion with the information provided because it’s impossible to know how to weigh each individual point. Maybe the fed truly has the most influential impact… It sure seems that way over the last year.

1 Like

if Biden prints that $1.9T everything is going to keep going up but it will be inflation rather than growth.

1 Like

As soon as the interest rates rise again that will be the start of the next down turn

they’ve been near zero for years in parts of the EU and asia (Japan)

interest rates are a function of politics so… no telling when.