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Previous Thread: >>967093
All I know is XOMA better rebound, I dumped a lot of my $500 into it hoping for $2/share and I'm getting fucked right now. Hell I'll even take $1.75. Trying to stay hyped but it's tough right now, especially with the news that some hedge funds are dropping the stock. What are you guys gonna do?
>mfw the guy who lost 100k shorting KBIO shorts it again at 37 because surely it will go down, but it goes up even more
First time stock buyer. Any suggestions to start?
Something low risk I imagine so I can understand the flow of this crazy capitalist world I live in.
okay the best advice i can give you is this:
dont listen to anything posted on /biz/
stay away from all their volatile biotech penny stocks, failing greek banks, dying headphones companies etc.
>tfw I've invested solely in those
Am I still going to the moon, boys?
They reinvest the balance you arent using, then just pay it back when you buy something. By the time that happens they already made money on your money. So yeah you're getting scammed but there's no real harm to you.
Ahh, i know that every bank also does that (reinvest your money when you arent using it), but it isnt a bank. Can the very company handle my savings well? i dont want to see it went under and took everyones money with bad investiments.
Anyway, is it possible to use this app from outside the US / AUS?
What's a good amount of start up money? I know more is better but I just want to dick around a little bit on the market, Does one or two grand sound good? Any tips or resources for a complete newshitter?
Their product is being beaten by the market. They need something new, a second innovation, to take their market share back. Or they need to create a whole new market, again.
So, for the foreseeable future in my opinion their stock price will stagnate at best. It might be worth taking the lose. GPRO isn't one of those legacy companies you can hold forever, it's a meme.
wh-why is she so
>a v e r a g e
h-hold me brah
why buy into GPRO? they had their limelight and with 4k there is no higher resolution worth buying into. There's also a number of competitors that are catching up, they manages to sell selfie dicks. maybe theyll invest in VR cameras or some shit. no future.
I don't think we will ever know, friend.
So what are my money makers for tomorrow? I'll buy anything Zacks rank 2 and up, or if it has enough meme magic
You'd be the expert on that and I think I agree. I just stole it (it's a /fit/izen's wife from a few years ago) and I never get a chance to post it.
In theory is there anything wrong with just buying and selling based solely on zack scores and experts? I'm an IT smuck, so literally any research and conclusions I make are marginally less valid than the experts.
Is NBG a buy again tomorrow at open?
Missed the first train earlier today.
>I'm just riding off what you guys say plus the ones I find myself
>Seriously, its not funny when someone wanders in here, takes you seriously, and puts their savings in the fucking national greek bank,
If someone is stupid enough to sink their life savings into stock advice on an anime imageboard, then I have 0 sympathy for them.
It's clear at face value what these threads are - quasi-trading/gambling threads - NOT long term investing.
>It's clear at face value
I used to believe this, but have since changed my mind. It's incredible the number of idiots who come here looking for sound advice. So many that I have to believe it results from ignorance of the market in general. These people don't know trading from investing or anything else. Because of this, they figure an imageboard is as good a place to get stock advice as any.
I'm riding the train. C'mon NBG show me some magic.
Ok basically ehatever you put in, you have to be able to keep it in there for a long time. Sometimes you buy a stock and it goes negative usually you just hold it until you can dump it above your purchase price. So it doesn't matter what you start with just be prepared to be unable to access your money. Don't panic sell.
I'm liking Frontier Communications(FTR). Tends to hover around $5, is finishing a big deal with Verizon(expect growth), and has a dividend yield of about 8.47%. Anything under $5 seems to be a safe buy for it, but if you've got patience you can potentially grab around $4.70
Expect to hold whatever you buy for at least 1 year + 1 day to avoid excess taxes. Any less & you're accepting a higher tax bracket in hopes that gambling with stocks will pay off. If it's a safe stock you can keep pumping more into it during little dips to lower you average purchase price which in turn increases overall dividend yield.(0.40/5.0 = 8%, 0.40/4.7 = 8.5%, etc)
FRO earnings report to be released today. Zacks has it rated 1. Prepare your assholes.
some gains from ASTI and HEAR, losses on NBG. lost a shitload on SUNE but that's not memeworthy
FUCK it's prior to the opening today. I fucked up my todo list. my bad. It's probably too late
Holy fuck after 3 months of this dumb bullshit playing with me and not going anywhere, it goes up to 80 cents in the 4 or 5 days I bother to stop caring about it.
Why the fuck is everything such a disappointment?
Anybody have any opinions on Western Digital? Seems like a good buy right now considering it's only a dollar away from it's 52-week low and the expected price point ranges from 70-120 dollars within the next year.
No it won't, do you think Chipotle's main audience of high school/university normies will eventually give a shit about some 'e.coli outbreak' in their food at one point?
Also, stores are beginning to put carnitas back in their menu so..they will gain back whatever small audience actually liked carnitas.
>So it doesn't matter what you start with just be prepared to be unable to access your money
Sometimes it wiser to dump it with reasonable loss and move along, making profit with this money on something else.
>ASTI back at 12
i-is now the time for some more meme magic?
>TFW i would have made 72k if i held AEZS
>tfw sold it at a loss at 0.05
>its now 12.50
guise??? MDBX stock advise? Still feel like it has great potential. think things might change after the election??? would love to hear your input
Anyone's app not updating unless you click on individual stocks?
High test alphas not welcome thx
its been a rough few weeks recently
but yes of course people have made money
here this is my portfolio performance chart over the past year
(the flatline in september was because i pulled all my money out of stocks for a little while. I was afraid of the /pol/ shmitah prophecy lol)
>posting about loses
It has something to do with the percentage of penny stocks being traded here.
Threads based on established, listed stocks will contain larger numbers of people reporting gains.
So is the right move really to just read the news and listen to experts, or are you just hedged out of your mind?
Obviously I'm not planning on listening to /biz/ memes, but I just want to actually have money avaialbe if things go horribly wrong.
That is my 'core investment' portfolio
I pick strong companies and hold for long term (months or years)
my fuckaround account is on robinhood which goes up and down wildly because i pick risky stocks and also I follow the /biz/ memes
What do you hope to accomplish? Convince some retard into dumping a few grand into a dead bank?
fuck you, Ill antimeme, newfags, dont put money into NBG or chipotle or ATSI. These three are just jokes, similar to SS+GOMAD on /fit/
The Greek banks need America's fiscal support in order to get through this crisis
When are these guys coming over to canada? I can't wait to use them. I don't trade just because of transaction costs (mixed with how much of a pussy I am it's just too much to warrant trying it) but with that I'll be happy to try stuff out.
"Martin Shkreli, Chief Executive Officer, said, 'We believe that the KaloBios' lenzilumab is a very promising candidate for the treatment of various rare and orphan diseases. This monoclonal antibody neutralizes soluble granulocyte-macrophage colony stimulating factor (GM-CSF), a central actor in leukocyte differentiation, autoimmunity and inflammation. Lenzilumab has particular promise in Chronic Myelomonocytic Leukemia (CMML), a disease with no FDA-approved treatment options and a 3-year overall survival rate of 20%.'"
You keep making big moves like this that just turn out to be pump and dumps and investors will catch on to your bullshit. If profit actually does come out of KBIO, then Shkreli can afford to make a similar move with similar gains. Although if that's the case, I don't think it will be to the same extent as the KBIO buyout. But that's just my guess.
Sune on the rise,
You idiots should have listened and bought it at 2.80's
don't forget the fact some of the posters pushing shitty stocks make decent arguements for bad buys.
>no one wants Greece banking to fail because it will hurt the power of the Euro, and the EU won't allow that
>NBG should do well on their stress test next week, investors speculate
>Investors bought a ton of stock in this, don't you trust millionaire's advice on stocks?
I might have gotten burned on NBG but at least I learned from it.
It was one of my first trades.
I sold at 3.17 because it kept losing losing then finally broke even. I'm really sad today. I did ride TASR to the moon from 18.23 and bought NFLX at 120.99 before it jumped to over 123.00
Dividend focused guy here. My stocks are currently worth about 6% more than I paid for them, and dividends will return just over 2% of my investment next month.
But I started in October following the advice that I should not buy anything that I would hold for less than a year.
But SS actually does what it's intended to do...
>some of the posters pushing shitty stocks make decent arguements for bad buys
Well, this really isn't the place for specific advice, but it's good that you learned from it.
I'd have some faith in general pointers (I give them myself, because I like to help noobs) read here, but nothing else.
Think about it. Who's going to waste their time (and correct stock picks) educating a bunch of nameless 20-somethings on an imageboard?
Damn pharmacutical companies ain't worth shit. Once they start going down that's it. Doesn't matter how promising they look. XOMA is tanking and I don't know why I'm still holding on. Projected $2 my ass, I'm never gonna get my money back.
First meme stock I decided to play with, but hey, it's not that bad right now.
Yes, people expected some miraculous $6 out of nothing, but it won't burn to shit. If not the Dec 1st conference call, then the last headcount trim is going to optimize their budget by the Q4 report
When did you realize that stock trading wasn't hard and it only has a bad rap because people with average IQs aren't capable of basic research and RSI lookup?
All my life I've been filled with scary stores of the stock market, forgetting the majority of people of this planet pay for software, don't know calculus, and aren't capable of using google to find phone numbers.
Seriouslm this isn't that hard.
If it's that easy, I'm going to assume you're doing it day and night.
The fact that you're posting in a Robin Hood thread gives me confidence that you are a very. serious. person.(trader)
A lot of people trying to troll on here.. Lol I would honestly suggest stcy. Do research. Buy its now and then before March sell. They are finally slowing down their 70% expansion and are planning on being positive for the first time.
I also think S could go far but I think it might take a few more years, not sure if worth
You need to learn to be more long sighted to be honest. If you're time preference causes you to get eaten up over a 5 cent climb after open, then you probobly don't have the time preference to wait for a real climb. Buy on weekly lows, not daily lows.
Imagine their faces when the meme dreams will come true
>Zack rating of 1
>RSI sub 30
>a few guys on twitter say its bad so I ignore the numbers and hold off
>put it on watch list anyway
>jumps 200% over the next few weeks
Don't tell me you actually bought it AFTER it flew to the moon
>tfw XOMA is finally not kill anymore
All the shares on my watchlist are going crazy today
Why do i feel like this is forever but it's only two years away. 2016 also feels like a long time but it is literally 35 days til that year.
Funfact: We are closer to 2020 than we are to 2007
if I needed a hearing aid I would not get one from a company that makes the shittiest gaming headsets
I would get one from an actual medical device specialist company that has a good track record in hearing aids
Got 3.23 in buying power. Where should I put these left over pennies?
That's what I'm saying. And this is the whole sense of the penny stocks after all.
Although, I'm out of this game as soon as I cash out of XOMA. I'd better stick to 2-5% gains of more reputable companies
>honestly believing that there is no chance that a penny stock won't go balls deep anytime
Good luck mang. I warned you
Check out Labor Smart, might be next TBEV or might be next -50% gainer lol. At least you can only lose a max of half. Feels like one of those stocks that can hit 5 or 6 before crashing though.
This month has been insane, I wish I had more money made 400dollars on KBIO, will buy a Nintendo WiiU just for the lulz, always wanted to play Mario Maker.
What is this reserved cash thing I am seeing in my account overview? Why can't I invest all my money? Also I went to buy ASTI at .122, and it bought them for .126. I am disappointed with the performance of this app.
You put a market order so it grabbed shares at the current asking price
If you use a limit order and specify your price that won't happen but the risk is your order might not get filled if the price moves away from your offered
The 3 day unsettled funds thing is a pain in the ass yeah
I wanted to invest in ETFs and blue chip stocks. All of these are fairly high right now, how do I invest smart in a bull market? I don't want to invest my money only to have errything drop after the inevitable correction. Also, how will the fed raising interest rates affect the stock market?
>pick a stock I'm feeling OK about
>drops for a long time, no indications of getting better
>set a limit sell for a bit over my entry because fuck it
>goes back down but then shoots up like 40% after I sell
This has happened to me 3 times already. Do I just need to hold out longer?
>their faces when
Shrekli scares me way to much to invest in something he controls. I have nothing in KBIO.
ASTI & Square. Considering accruing shares of Square for the long haul, I think they have potential, and riding a stock from its IPO days seems intriguing. Apple pay a SHIT
I bought some Square this week (wish I got them at IPO). I'll probably dump another 100 into it as well because I think as far as long term stocks go it's a brand and company that is so attractive to me.
ETFs that track more or less the entire US market (or a huge segment of it) like any S&P 500 index are bound to keep increasing forever until the day capitalism collapses. Even if there's a huge crash, either they have to rebound or you need to be more concerned about buying a gun and a few hundred gallons of drinking water.
Vanguard Growth and Vanguard S&P 500 have had pretty consistent growth and returns from what I've researched. Obviously look into it yourself.
One negative of an ETF like that is that the share price is pretty steep, I think it's like 110 for VUG and either 190 or 200 for VOO right now.
Do it faggot. Only way you'll learn.
Ill say it once more.
OVERSOLD STOCKS ON AVERAGE BECOME MORE OVERSOLD.
OVERBOUGHT STOCKS ON AVERAGE BECOME MORE OVERBOUGHT
DONT GO AGAINST THE TREND, UNLESS YOU WANNA GAMBLE :)
Let the trades come to you, don't force them. If you want to maximize gainz, wait for down days even though it can be hard and have a few stocks on your watchlist that you buy on weakness. Buying strong stocks whenever they dip is the best strategy for nearly everyone. Especially if the dip is due to some random shit that has nothing to do with your company! Say the chinese stock market crisis this august, if you had bought the chinese internet stocks back then you would be up 50-80%. And with almost no risk since the internet stocks fundamentally aren't concerned with chinese industrial growth or whatever the market was crying about back then. Fact is... Tencent just delivered their strongest quarter ever but stock dipped 40% for no reason back then. Opportunities like these are aplenty.
Also, buy in portions since it makes things so much easier psychologically since you won't feel as nervous if your asset drops following your buy, leading to you making irrational decisions.
Also, i would STRONGLY advise against using automatical stop-losses ever, since flash crashes are a very real thing, especially in super strong stocks. Always think about where an asset will be 1-2 years from now, since that is how the market is pricing stocks themselves. That is why you see all these oil stocks being so cheap, because the market expects many to not be cheap at all in a few years from now if 40-50$ oil continues.
Before i give up my SS# to Robinhood I want a basic understanding of how it works.
So can some one explain what buying power is and any other important things I need to know about how buying and selling works on Robinhood.
we still good nigga - it's still on page 4. make a thread if you're anxious.
is there trading tomorrow?