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Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Discussion in 'Stocks & Investments' started by ThunderOne, Feb 1, 2018.

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  1. Sep 8, 2020 at 9:15 AM
    #18041
    TreeFortRichard

    #18041
    TreeFortRichard Barcelona Red is the best red...

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    Dammit..CRWD opened at $118...already at $127....I knew it was a massive bargain. Should have bought more. Still holding the $115 18SEP20 Call....
     
    TreeFortRichard, Sep 8, 2020
    #18041
  2. Sep 8, 2020 at 9:25 AM
    #18042
    JDR07

    #18042
    JDR07 Well-Known Member

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    What’s #ddtg? just googled it “don’t disturb the god?!?”
     
    JDR07, Sep 8, 2020
    #18042
  3. Sep 8, 2020 at 9:28 AM
    #18043
    TreeFortRichard

    #18043
    TreeFortRichard Barcelona Red is the best red...

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    42.3115167,-71.6638516
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    Davey Day Trader Global... Dave Portnoy of barstool sports...Once lockdown hit he started trading live on twitter...Buying MILLIONS of $$ worth of stocks back and forth. Open about all his trades...It's hilarious...
    https://twitter.com/stoolpresidente/status/1303326792279826432?s=20
     
    TreeFortRichard, Sep 8, 2020
    #18043
    davidstacoma likes this.
  4. Sep 8, 2020 at 9:32 AM
    #18044
    GarlicFarts

    #18044
    GarlicFarts Bertolli Roberto

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    WTF he has millions to trade with!? I need to find a new line of work....
     
    GarlicFarts, Sep 8, 2020
    #18044
  5. Sep 8, 2020 at 9:41 AM
    #18045
    TreeFortRichard

    #18045
    TreeFortRichard Barcelona Red is the best red...

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    You could start a sports newspaper in Boston in 2003 where you're sick of all the local sports coverage being ass kissers...and then buy a bunch of distribution boxes on your credit card, circulate 25K papers...Sell Ads...Start advertising college parties in the paper and then hit into the underground world of raves...Host a bunch of "Black Out" parties...Get in early on Fantasy SPorts ads and predictions...
    Re-invest in your product, branch out into podcasts...
    Get 51% bought out in 2016...
    Reinvest, buy back interests in your company...
    AND THEN...
    On January 29, 2020, it was announced that Penn National Gaming had purchased a 36% stake in Barstool Sports for $163 million, giving the company a valuation of $450 million. In three years, Penn National, with a market value of roughly $3 billion, will increase its stake to around 50% for a payment of $62 million. Penn National and Barstool have options that kick in then that would increase the casino company's stake to control or full ownership, based on fair market value at the time.[18] Following the sale, The Chernin Group maintained a 36% stake in the company.

    He's made at least $160M cash on his ownership...not including outstanding stocks... PENN Went as low as $7 post covid dip...and is now $56...he's never stopped buying his own stock and they will in a year have a MASSIVE online gambling portal crossed over with sports wagering and fantasy sports...
     
    TreeFortRichard, Sep 8, 2020
    #18045
    davidstacoma, scottalot and GarlicFarts[QUOTED] like this.
  6. Sep 8, 2020 at 9:48 AM
    #18046
    TreeFortRichard

    #18046
    TreeFortRichard Barcelona Red is the best red...

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    Hope you all bought F when I closed my calls..It'll be at $8 by Friday...
     
    TreeFortRichard, Sep 8, 2020
    #18046
    GarlicFarts and theesotericone[QUOTED] like this.
  7. Sep 8, 2020 at 9:48 AM
    #18047
    rmorse

    #18047
    rmorse Well-Known Member

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    Yea, well, I’m up like $400 since Covid started.
     
    rmorse, Sep 8, 2020
    #18047
    GarlicFarts and TreeFortRichard[QUOTED] like this.
  8. Sep 8, 2020 at 9:52 AM
    #18048
    TreeFortRichard

    #18048
    TreeFortRichard Barcelona Red is the best red...

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    Putting my money where my mouth is...Taking $$ from my F losses and trying to buy the F Oct 23 2020 $7 Put (Weekly) for $0.37 right now...
     
    TreeFortRichard, Sep 8, 2020
    #18048
  9. Sep 8, 2020 at 10:38 AM
    #18049
    TreeFortRichard

    #18049
    TreeFortRichard Barcelona Red is the best red...

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    Again those ever suspicious trades...
    [​IMG]
     
    TreeFortRichard, Sep 8, 2020
    #18049
  10. Sep 8, 2020 at 12:02 PM
    #18050
    TreeFortRichard

    #18050
    TreeFortRichard Barcelona Red is the best red...

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    NRGpU
     
    TreeFortRichard, Sep 8, 2020
    #18050
    GarlicFarts likes this.
  11. Sep 8, 2020 at 12:49 PM
    #18051
    theredofshaw

    #18051
    theredofshaw Well-Known Member

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    eff it, averaged down some more. still above $3 but not by much. it's gotta catch up sometime.
     
    theredofshaw, Sep 8, 2020
    #18051
    rmorse and GarlicFarts like this.
  12. Sep 8, 2020 at 12:52 PM
    #18052
    GarlicFarts

    #18052
    GarlicFarts Bertolli Roberto

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    I'm up more than my contribution amount. So there.
     
    GarlicFarts, Sep 8, 2020
    #18052
    rmorse[QUOTED] and TreeFortRichard like this.
  13. Sep 8, 2020 at 1:05 PM
    #18053
    TreeFortRichard

    #18053
    TreeFortRichard Barcelona Red is the best red...

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    On close today I took a real negative Nancy position...bought 10 of the Ford $7 23oct puts for $0.45. I expect it to cycle back towards $6 dollars again by October. I also have $45 NKLA puts. I just don't believe any of these day jumps on news will last in this market. Yes I was sweating it when it got to $54 but it's already back undr $50 at close and I wouldn't be surprised to see it open tomorrow in the $47's or below
     
    TreeFortRichard, Sep 8, 2020
    #18053
    GarlicFarts likes this.
  14. Sep 8, 2020 at 1:06 PM
    #18054
    TreeFortRichard

    #18054
    TreeFortRichard Barcelona Red is the best red...

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    I'm just mad I sold my NRGD...@$18.39
     
    TreeFortRichard, Sep 8, 2020
    #18054
    GarlicFarts likes this.
  15. Sep 8, 2020 at 3:20 PM
    #18055
    davidstacoma

    #18055
    davidstacoma Friendly Curmudgeon

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    *OEM Mods: Intermittent wipers, Fogs, Keyless Entry, Lomax
    I’m probably gonna be down 40K on my 401K blue chip stocks tomorrow, had to happen after rising so much in a week, 120k rise since COVID. Not a bubble burst though, that would mean rational investors took over from the Robinhoods:D
     
    davidstacoma, Sep 8, 2020
    #18055
    GarlicFarts and Boyk1182 like this.
  16. Sep 8, 2020 at 4:14 PM
    #18056
    Boyk1182

    #18056
    Boyk1182 Well-Known Member

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    The Robinhood crowd is learning that markets go down as well as up. Hope none of them get in too much trouble with this.
     
    Boyk1182, Sep 8, 2020
    #18056
    theredofshaw, ThunderOne[OP], not_nick and 3 others like this.
  17. Sep 8, 2020 at 5:07 PM
    #18057
    davidstacoma

    #18057
    davidstacoma Friendly Curmudgeon

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    Same here some will do well for a while, others not, over time we’ll it’s a gamble. I let mine ride usually but did rebalance last week near the peak to move some of my blue chip gains over to my Intermediate bonds funds. After all those gains you just knew some drop was coming. This happens often with most all the stocks, especially the blue chips.
     
    davidstacoma, Sep 8, 2020
    #18057
    Boyk1182[QUOTED] and GarlicFarts like this.
  18. Sep 8, 2020 at 5:14 PM
    #18058
    Boyk1182

    #18058
    Boyk1182 Well-Known Member

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    I was mainly talking about the ones who used margin as prices went nowhere but up. I’m sure there were plenty.
     
    Boyk1182, Sep 8, 2020
    #18058
    davidstacoma[QUOTED] and GarlicFarts like this.
  19. Sep 8, 2020 at 5:29 PM
    #18059
    davidstacoma

    #18059
    davidstacoma Friendly Curmudgeon

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    As long as the Feds let people short stocks,etc the market will be a mess. I wish they would put a stop to that, either buy the stock or don’t. Then the market would be based more in sound financial reality, Yields would matter, P/E ratio would matter, like they once did because they meant something.
     
    davidstacoma, Sep 8, 2020
    #18059
    FirstTimeTaco2020, GarlicFarts and Boyk1182[QUOTED] like this.
  20. Sep 8, 2020 at 5:31 PM
    #18060
    teamhypoxia

    #18060
    teamhypoxia MichelinMan

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    that's a little bit ridiculous....
    You can't buy if no one is selling.
    Do all stocks just go up all the time in your utopia? o_O
     
    teamhypoxia, Sep 8, 2020
    #18060
    koditten, not_nick and GarlicFarts like this.
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