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Finance Thread

Discussion in 'Permanent Threads' started by ryrob, Oct 21, 2009.

  1. Nettdata

    Nettdata
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    Mr. Toast

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    Call the 800 number they set up. From what I've seen they were really helpful.
     
  2. toytoy88

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    Alone in the dark, drooling on himself

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    Dividend/Warrant are the same thing. You had to buy on/before 03/29 to get the dividend.
     
  3. Revengeofthenerds

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    there we go. Thought I got it then. It was actually 4/1. I April fools’d myself
     
  4. toytoy88

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    The dividend was issued to the holder of record at the end of trading on 4/1, but it takes a couple of days after acquiring to become the holder of record. That way they don't have a quagmire with the same share possibly changing hands multiple times a day due to day traders.
     
  5. xrayvision

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    held my dogecoin. Let’s see where this goes. This is the highest it’s been.
     
  6. Nettdata

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    Never mind that BTC almost broke $80k Canadian today. Un fucking believable.
     
  7. GTE

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    Tried to set a limit sell of DOGE at .089 and apparently sold it for that or some shit. I never do limit buy/sells so I fucked up. Wanted to sell if it went that low, not sell immediately. Still made a few (small) bucks but ugh. Been holding them ~2500 shares for a bit
     
  8. effinshenanigans

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    You meant to set a stop loss (though, I'd argue setting up a price alert above your exit would be better to catch a bad downward trend without taking any action automatically).

    Sell limits allow you to kind of set and forget if you're confident that a stock will continue to rise and once it reaches a certain point where you've hit a profitability goal, you can sell without having to watch through dips.

    I've used a sell limit once, and I regretted it because even though I hit my goal, I sold halfway up a nice rise without realizing it because I forgot I had even set it up. I was watching the ticker like it was a simulation of a horse race where my pick won, only to find out that in reality it broke a leg coming around the last turn and they ended up shooting it in the infield.
     
    #1308 effinshenanigans, Apr 14, 2021
    Last edited: Apr 14, 2021
  9. Nettdata

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    Yeah, I've only got one sell limit set, and that's on GME. I tend to think that thing will be so volatile, so fast, that even if I were to watch it rise, once the whales decide they're out, it will crash insanely fast and I'll probably miss it. Might even happen too fast for a price alert to do any good.

    I've optimistically set the sell limit where I'd have paid for my new truck and Airstream with the profits, and I'm very happy to walk away at that point. (Well, 90% walk away... I left 10% in there just because).
     
  10. toytoy88

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    Being a glutton for punishment, I added another 190 shares of GTII at $1.84. Average is now down to $2.37.

    I just wish it would shit or get off the pot.
     
  11. Nettdata

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    GME is on a bit of a run this morning... always good to see.
     
  12. Revengeofthenerds

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    My massive distrust in the reddit GME circle jerk is growing by the day. No fucking way those people don't pull out and get theirs at the first chance. The longer this moving sideways keeps going, the more people will grow impatient and lock in gains early, thinking it will never do it again and something is better than nothing. Also with the internet, what's the point in saying you have however many shares? You could literally be making it up and there would be no consequenes.
     
  13. Nettdata

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    Of course you don't listen to them or trust them... that's why you pick your number, don't be greedy, and get the fuck out.

    All this hyperbole of "it'll go to $10m a share!" is crap, because that kind of money doesn't exist in the system. At some point, bankruptcy enters the picture, and then a ton of people are left holding the bag.

    I think there are a lot of VERY smart investors in that sub, and there is some very shrewd trading going on... but I also think there are a few stupid people believing the hyperbole that will lose money, which will, of course, just bolster the institutional investor's cry of "leave it to the professionals!" when the MSM does their sob stories about the Reddit user who bet it all and lost.
     
  14. Nothingdoing

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    For a laugh I've been reading the r/gme subreddit, and some of the posters there make r/wallsrreetbets look like r/investing.

    Smart people are going to make something out of gme, but there will be a lot of idiots left holding the bag which is going be hilarious once it happens.

    Personally I got out back when it was around £260. I doubled what I put in and that was enough fun for me
     
  15. toytoy88

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    Well, at least it did something.
     
  16. Revengeofthenerds

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    well fuck me! Tried to find a live feed to do some good ole protest watchin, and went to woke.com instead of .net

    Turns out woke.com is for sale. For an easy $875,000.00.

    Really wish I had that domain. Just put up a picture of RBG in a pimp outfit.
     
  17. toytoy88

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    GTII down to $1.22. Folks are filing SEC complaints left and right.

    EDIT:....and AABB threatening to drop below .20. I may start drinking by 9 am.
     
    #1317 toytoy88, Apr 15, 2021
    Last edited: Apr 15, 2021
  18. effinshenanigans

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    So, what exactly is going on with GTII?
     
  19. toytoy88

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    It's still being shorted. Someone said that at this point they basically have nothing to lose. Not much difference between being down 5B or 500B, so they're trying a Hail Mary to try and shake shares lose to cover. That's the theory.

    The reality? I have no idea.

    I'm down so far I may just ride it to the bottom now just out of stubbornness.
     
  20. Nettdata

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    Meh, I bailed. Not worth the hassle.