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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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neech 11:33 PM 02-26-2021
Originally Posted by EPodolak:
What's happening lately is normal in a normal market. Money is made and lost. If all someone knows is this record setting bull run we've been in the last ten years they may be tempted to worry or panic. Just keep a balanced portfolio appropriate for your investment horizon. Set it and forget it.
People on here freaking out about the market makes me laugh. This is merely a speed bump in the road.
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neech 11:44 PM 02-26-2021
Originally Posted by Mr_Tomahawk:
Looking at next week...I think I’m going to jump on $JE soon.
Such a terrible pick OMG.
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eDave 01:47 AM 02-27-2021
Originally Posted by TinyEvel:
It looks like it's almost mirroring the CCIV pattern. Was flat at the SPAC release price until merger news surfaced, to which it bounced up 3x, and now fell back to earth immediately following the announcement.
"Buy the rumor" is a significant stock tip. But I suck butt at individual stocks. Total butt. And I'm moderately intelligent. Fortunately, my one green was huge. Huger than Billay's mom. That's big.
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Mr_Tomahawk 08:17 AM 02-27-2021
So nah?
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lewdog 08:21 AM 02-27-2021
Originally Posted by Mr_Tomahawk:
So nah?
DO YOU FEEL LIKE GAMBLING?!?!?!
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Mr_Tomahawk 08:26 AM 02-27-2021
Lol.

Maybe with a small amount?

I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are...
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lewdog 08:30 AM 02-27-2021
Originally Posted by Mr_Tomahawk:
Lol.

Maybe with a small amount?

I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are...
Until they reverse split and finally go bankrupt.
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Mr_Tomahawk 08:38 AM 02-27-2021
Well....that doesn’t sound like it would be if it me now.
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TinyEvel 08:43 AM 02-27-2021
Originally Posted by Mr_Tomahawk:
Lol.

Maybe with a small amount?

I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are...
I once bought a stock at $1.50 and by the end it was worth .008
[Reply]
Rain Man 09:16 AM 02-27-2021
Originally Posted by Mr_Tomahawk:
So nah?
I should clarify that just because a company is evil doesn't mean I won't invest in it. I've invested in Big Oil and private prisons and even Wells Fargo in the past. It's all about capitalism.
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MTG#10 10:08 AM 02-27-2021
There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason.

Would any of you be interested in something like that?
[Reply]
eDave 10:12 AM 02-27-2021
Originally Posted by MTG#10:
There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason.

Would any of you be interested in something like that?
I nominate Hootie to head this up.
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MTG#10 10:15 AM 02-27-2021
To be more clear, I didn't mean we all chip in and set up one portfolio that we all divide profits on at a predetermined end. Basically a virtual portfolio that we all create our own version of and spend as much or little as we can afford.
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Buehler445 12:20 PM 02-27-2021
Originally Posted by MTG#10:
There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason.

Would any of you be interested in something like that?
Nah, the play would probably be just stick it all in SPY or something. The gambling shit is fun and Spurs talk but legitimate more risk averse investing is boring.
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lewdog 04:10 PM 02-27-2021
I like to drink and screen for stocks on Saturday afternoon. These charts are meant for possible swing trades and I liked their setup. Swings trades are held for days to weeks and look to make 5-10% profit (sometimes a more). I may decide to let 25-50% of the position run after selling for gains but many times will at least raise my stop to break even so the trade is guaranteed to be profitable.

You only enter a swing trade with a pre-determined stop loss that is set upon entry. If the trades works against your favor, you get out and do not ride it down. You NEVER average down in swing trading, only long term positions.

FN
AYI
SNX
SWTX
SANM
ORN

and possibly, TACO. Not a joke.

I will watch how these open and look for entry above a breakout point on the chart. If the day opens poorly, I may not start any new positions.
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