The Investment Thread (10 Viewers)

[efil4stnias]

BYND pulled back to $156 and I added back my half that I sold earlier.

thanks for the heads up!

bout to jump on

 

[Saint_Ward]

Yeah those numbers are still between 15-20% from year prior. not 25%

Wow.

Better than under 5% (in some cases down to near 3%)

 

[Saint_Ward]

BYND pulled back to $156 and I added back my half that I sold earlier.

Still going down. I'm waiting a bit before I jump back in.

 

[bclemms]

Still going down. I'm waiting a bit before I jump back in.

I think it's going to go down because I think we are going to see some violent across the board selling but I'm 3x short small caps and short CCL so BYND gives me some hedge on a company I really like.

 

[efil4stnias]

Still going down. I'm waiting a bit before I jump back in.

doing same. just spoke to FA wants to wait til open tomorrow following a red day to close ( 4 straight days of green ) thinks tomorrow will open red too.

So i gave him my price point and if it gets there or below, im gettin in.

 

[bclemms]

 

[Saint_Ward]

I think it's going to go down because I think we are going to see some violent across the board selling but I'm 3x short small caps and short CCL so BYND gives me some hedge on a company I really like.

Looks like an overall sell to the bell.

 

[efil4stnias]

 

[bclemms]

This is literally a zombie market and no longer a free market. Powell looked into the camera today and said that the Fed's balance sheet isn't an issue and we will have to pay down debt eventually but now isn't the time or the place. Then goes on to say we will have to pay down debt when unemployment is low and markets are high. Yet, we are months removed from that exact scenario in which we ran for more than a decade while doubling the debt. The one time he did try to to raise rates the markets were on the verge of collapse and required the FED to tell the markets it was going to cut rates and resume QE on the next meeting so it might as well have been an emergency cut.

We are playing this game of pretend. We are pretending it's a free market, capilalistic economy while acting like it's a Socialist economy. The outcome is very easy to predict. The when is damn near impossible.

 

[efil4stnias]

This is literally a zombie market and no longer a free market. Powell looked into the camera today and said that the Fed's balance sheet isn't an issue and we will have to pay down debt eventually but now isn't the time or the place. Then goes on to say we will have to pay down debt when unemployment is low and markets are high. Yet, we are months removed from that exact scenario in which we ran for more than a decade while doubling the debt. The one time he did try to to raise rates the markets were on the verge of collapse and required the FED to tell the markets it was going to cut rates and resume QE on the next meeting so it might as well have been an emergency cut.

We are playing this game of pretend. We are pretending it's a free market, capilalistic economy while acting like it's a Socialist economy. The outcome is very easy to predict. The when is damn near impossible.

and all this came AFTER the bell. lolol

 

[efil4stnias]

and where has @superchuck500 been?

He joined Robinhood and subscribed to the r/Wallstreetbets reddit????

 

[bclemms]

and where has @superchuck500 been?

He joined Robinhood and subscribed to the r/Wallstreetbets reddit????

If he did he's probably outperforming everyone in this thread.





for now....

 

[Charlie Brizzown]

and where has @superchuck500 been?

He joined Robinhood and subscribed to the r/Wallstreetbets reddit????

He got what he needed from you guys after pumping and dumping that mushroom company.

 

[superchuck500]

and where has @superchuck500 been?

He joined Robinhood and subscribed to the r/Wallstreetbets reddit????

I don't have anything to say. I've gone mostly to cash in my dick-around account - and my other stuff I leave to the pros. I've set up a few January puts (CCL, AAL, LYV) because I think Covid is going to pull the market back substantially between now and then.

Otherwise, I'm chillin'. Got a gold position. A mushroom position. Some other random crap. I have no idea what the next move is.

 

[Saint_Ward]

I don't have anything to say. I've gone mostly to cash in my dick-around account - and my other stuff I leave to the pros. I've set up a few January puts (CCL, AAL, LYV) because I think Covid is going to pull the market back substantially between now and then.

Otherwise, I'm chillin'. Got a gold position. A mushroom position. Some other random crap. I have no idea what the next move is.

Golden Shrooms...