Is the stock market going to tank?

[skifishbum]

BBBY has been hovering 16-20 for two years, the five year graph is pretty gruesome. They did swap out some management so that may improve things. I bought in at 6.40, I’m definitely out by 16.40.

SABR went up another 1.33 again today, once again screwed myself. Tried to buy it at 7.70 the other day, then planned on market buying it, got distracted by Pepperdawgs VISL tip, went in on 200 shares of that. That left me short of buying my preferred 100 share block of SABR, and I got to watch SABR climb today while VISL lost .14. I still have a little faith in VISL, saw a price projection of 10 for the stock so I’ll hold for a few.

I just put in an order for 50 shares of SABR at after hours close price, I still think it’ll be up to pre-covids 20 pretty quickly.

I’m kinda obsessive compulsive, I don’t switch hobbies a lot but when I get into one I spend a lot if time on it. I’m still completely green and really have no idea about puts or calls or shorts. I’m just doing a lot of reading and buying what my reading leads me to.

I’ll probably lose it all at some point, but so far I’ve doubled my money in less than two months.

Don't quit yur day job
Call me when ya made enough to cash out and buy a boat
With a motor
Or you haz I'm a huge gardener stickers

[gravitylover]

Shoulda bought Hertz https://www.benzinga.com/news/20/06/...travel-revives 574% Fuck

[californiagrown]

GNUS seems like a good speculative bet for a few hundred shares. It just got shit talked by some big short sellers last week, but then their management team released this statement effectively (in my mind at least) refuting those claims.
https://ir.gnusbrands.com/press-rele...sleading-short (obviously not an unbiased opinion haha).

I cashed out most stuff last week and dont see any value plays in companies that i like and use IRL, so gambling a few hundred on some kiddy cartoon company poised to make a big release of product and content in the next week seems like a not terrible idea.

[iceman]

lookit this abomination of a chart
https://www.cnbc.com/2020/06/05/the-...se-charts.html

cnbc
v-shaped
still up after 3 days of being called out

wtf. never mind the "v", let's start with the job numbers. They didn't change at all for 5 years? um.

[BobMc]

CHK trading halted amidst bankruptcy preparations.

[sirbumpsalot]

wtf. never mind the "v", let's start with the job numbers. They didn't change at all for 5 years? um.

Read the label with the chart....its one month change with the previous month, not a running total. The one month April spike down basically makes the rest of the chart scale unreadable.

[LeeLau]

CHK trading halted amidst bankruptcy preparations.

A moment of silence for CHK. But as it soon as it goes bk buy the dip! A million millenial pump and dumped cant be wrong

[LeeLau]

GNUS seems like a good speculative bet for a few hundred shares. It just got shit talked by some big short sellers last week, but then their management team released this statement effectively (in my mind at least) refuting those claims.
https://ir.gnusbrands.com/press-rele...sleading-short (obviously not an unbiased opinion haha).

I cashed out most stuff last week and dont see any value plays in companies that i like and use IRL, so gambling a few hundred on some kiddy cartoon company poised to make a big release of product and content in the next week seems like a not terrible idea.

The floor on GNUS is the high 2s ( price of the last offering plus convertibles). Patience. See their series of last S3 registration statements registering shares for sale. Then watch for Form 4s which insiders file to register sales. Buy after the selling from the insiders. Or scale in very slowly

[Toadman]

It's got to be bad if Cramer is tweeting about it. Vibes!


Jim Cramer
✔
@jimcramer
Please do not get hurt in Hertz or Chesapeake as these are more likely to be worth little to nothing as common stock has the lowest priority in bankruptcy...

[Ted Striker]

[dunfree]

Read the label with the chart....its one month change with the previous month, not a running total. The one month April spike down basically makes the rest of the chart scale unreadable.

Its perfectly readable, it just emphasizes how many people lost their jobs. But, you say everything is fine, so why worry. I mean, I’m sure Apple Maps demand is the same in January and June normally, so everything is fine.

Buy more HTZ

[LeeLau]

Awesome ski mountaineering elevation profile

[dschane]

You buyers of these teetering stocks have some impressively large and sweat-absorbing hairy balls. It's looking more and more like a gambler's dream.

[f=ma]

Can you explain this for me? My gut says this is true, but not sure I really understand why. Fed propping up the market?

Simply put, the pandemic and the following recession has absolutely fucked the poorer people and small businesses. Big corporations are crushing it.

And just like GFC and most recessions, recovery is far from uniform and tends to favor wealthier households.

[Benny Profane]

But the stocks are up.

[Mazderati]

Someone needs to parody LMFAO/Lil Jon Shots in a 2020 version called Stonks. It'd be worth millions.

[Toadman]

seems like day traders are having a lot of fun with this volatile market. Buy and hold is for morons and Boomers who didn't get the memo. ( Sarcasm for those that have a busted sarcasm meter.)

[Benny Profane]

Always reverts to mean.

[LeeLau]

seems like day traders are having a lot of fun with this volatile market. Buy and hold is for morons and Boomers who didn't get the memo. ( Sarcasm for those that have a busted sarcasm meter.)

Check this one out. https://finance.yahoo.com/quote/DUO?p=DUO

It's literally my money laundering people

[MultiVerse]

^ Everywhere You Look Under Surging Stocks Is Fervid Retail Buying:

https://www.bloomberg.com/news/artic...&sref=qzusa8bC

[LeeLau]

^ Everywhere You Look Under Surging Stocks Is Fervid Retail Buying:

https://www.bloomberg.com/news/artic...&sref=qzusa8bC

Check this list out https://robintrack.net/leaderboard?show=top. I own 4 of the stonks on that list. YESSSS !!!! Validation

and the popularity change list

https://robintrack.net/popularity_changes

[Benny Profane]

I still say this rally can continue until sports are back. So, months, at least.

[dschane]

^ Everywhere You Look Under Surging Stocks Is Fervid Retail Buying:

https://www.bloomberg.com/news/artic...&sref=qzusa8bC

Interesting. It makes it seem so easily manipulated.

[Toadman]

Check this one out. https://finance.yahoo.com/quote/DUO?p=DUO

It's literally my money laundering people

Well, hello there!

[dunfree]

Check this list out https://robintrack.net/leaderboard?show=top. I own 4 of the stonks on that list. YESSSS !!!! Validation

and the popularity change list

https://robintrack.net/popularity_changes

How accurate are the RH numbers? As in, could you steal SSN to make your stock more appealing, as a pump n dump?