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Okay /biz millennial here and I just bought my first stocks yesterday.

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Thread replies: 15
Thread images: 2

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Okay /biz millennial here and I just bought my first stocks yesterday. Didn't have much to invest and don't know what I'm doing, but I bought 30 shares of DIS. How much of a dumbfag am I and how screwed am I?
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>>1001496
kinda stupid to buy such few shares with commissions and all but u should be fine
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>>1001496
Just hold it forever. You'll lose your money trying to time the market perfectly.
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>>1001496
Eh, its baby's first investment. Probably won't crash or anything, you have the weekend to hit a sell order on Sunday if for some strange reason the movie bombed. If not you can hold it and forget about it it could go up maybe 10% by March. The only thing I can really see driving the stock is if Star Wars hits 3 billion, if they somehow buy Star Trek off Paramount, and then Marvel Civil War hype.

Its a solid stock that you won't lose your shirt on guaranteed and don't need to stress on but if you bought it hoping it'd make you tens of thousands of profit I can't see it because usually these kind of known entities already are priced in by now.
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>>1001496
You could have done a lot worse.
At least you picked a pretty solid performer.
Just don't fuck it up and start trying to trade, or listen to the stupid fucks shilling Robin Hood (which has no value for you if you're NOT trying to trade).
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>>1001496
Good job, OP. You're on the right track. Now you need to wait for the share price to fall at least 30% and then sell 20 of the shares. This is called "short selling." The remaining 10 shares are what is called a "hedge." The true value is created by the quotient of the expected differential value (EDV) of the hedge. Sell when EDV reaches 50%.
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sell that shit

wait for the inevitable market crash from the Fed interest rate hike

then buy SPY or VOO
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>>1001496
I like Disney alright. Their annual reports are very colorful. (This is not a good reason.) I'm a bit suspicious about their potential growth, with a 22 p/e. But Star Wars could be huge, so who knows. Be sure to invest their mediocre dividends (and the rest of your money) in something else for some diversity. (Also, if you have less than $US100,000, just buy Vanguard Total Stock Market ETF or the like, and quit screwing around with individual stocks.)
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>>1002022
Yeah, that's not called "short selling".
Did you hear that on this board or something? That sounds like some shit you'd pick up around here.
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DIS is a great investment because star wars is make a lot of money. Why didn't I think of this? :^)
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Long term Analytics look iffy, over bought...
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Recommend OP that you read a book on investing. If you can't read just one book on this topic you shouldnt invest... It's kinda like playing a game and not knowing any of the rules and expecting to win... Won't happen.
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>>1002162
>that chart
May as well buy SP500 desu senpai
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>>1002191
Man, you'd never know it by browsing here.
I've never run in to so many people who swear they're making millions off impossible to short penny stocks.
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>>1002221
Well, it's like 20th in the S&P by market cap, so maybe they're correlated somehow...
Thread posts: 15
Thread images: 2


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