Stock Market

J3ff

Had to share this gem with you all. 

I've had EDBL for a year or more. It went green premarket for me, 50 dollars in the green. After watching it go slightly green and then back down big time for more than 6 months, I took the 50 bucks....

AND....




.....









.....












....


IT RUNS UP 200 % or more 15 mins later!!!

Willhound

And probably 200% down after that....might as well be looking at the screen on a slot machine...

J3ff

ya but you can see when it's done the big move for the day.. I would have sold the second the price dropped past the bright green line. looks like 3.30ish. Sure you could have swtayed in for 1 dollar more per share.. but THEN it's an actual slot machine lol

J3ff

the fun continues..

I've been 50% down on METX for 3 years...

They changed their name and then did a reverse stock split.

It resulted in me having 98 shares of the new stock ticker, BTCT at 4.81 a share. 

I was out taking photos of sunrise this morning.

Got back in after 20 mins or so, to turn my laptop around so I could see the screen.... to see the price on BTCT HAD RUN UP TO 11 dollars a share!!

DAM, missed out on more than 500 bucks!!

I did cash out slightly green but holy cow what are the odds of that happening!!

Thankfully the advice from boatman37 on trading futures seems to be paying off... we'll see!!

boatman37

Futures is going good. Me and Jeff are actually in a trading Discord together. I had an order set for overnight this past Sunday night. 'Should' have made about $100 on the trade but my sell order malfunctioned. Woke up and was up $3700. I'll take that...lol. I haven't even been looking at regular stocks lately. Only watching futures and taking what I can get.

J3ff

boatman37 said:

Futures is going good. Me and Jeff are actually in a trading Discord together. I had an order set for overnight this past Sunday night. 'Should' have made about $100 on the trade but my sell order malfunctioned. Woke up and was up $3700. I'll take that...lol. I haven't even been looking at regular stocks lately. Only watching futures and taking what I can get.

Are we futures traders now? At a bar when a girl asks what I do.. can I say "I trade futures"  ? 

boatman37

J3ff said:

boatman37 said:

Futures is going good. Me and Jeff are actually in a trading Discord together. I had an order set for overnight this past Sunday night. 'Should' have made about $100 on the trade but my sell order malfunctioned. Woke up and was up $3700. I'll take that...lol. I haven't even been looking at regular stocks lately. Only watching futures and taking what I can get.

Are we futures traders now? At a bar when a girl asks what I do.. can I say "I trade futures"  ? 

When that is my full time job then I will say that...lol

Lake_Bum

Not sure what is happening with Stocks, but with Crypto everything is zooming up pretty quickly.  I'm up an average of 30-40% on all of my stuff for the week.   The Blackrock institution has started buying up BILLIONS worth of Bitcoin.  If you're not familiar with who Blackrock is, I suggest you crawl out from under that rock hahaha.   Big things happening in cryptocurrency right now! 

aero3113

Over the summer I inspected one of Blackrocks Gulfstream’s for a potential buyer. They have a very nice fleet 😎

PickleRick

Vanguard and Blackrock control a piece of about...well... anything and everything.  Politicians will vilify certain actions the two groups make yet accept huge political donations from them.  They are the two largest asset managers in the world with over 16 trillion in assets.   They hold assets in the largest companies in the world, meaning they have lots of pull because of their share holdings. 

When people think big companies they think Apple, Google, Microsoft.... vanguard and Blackrock make those look like a kids lemonade stand. 

In 99 a Blackrock share was about 15 bucks.  

J3ff

Glad to hear that Lake Bum. Def still on the BTC/ETH train. However, I'm in with fidelity now. I've watched too many videos about FTX and other exchanges (even Binance is suspect) that were nothing but a bunch of Fraudsters to venture outside of the major banks for now.. and still doing the futures thing with Boatman.. Hope to be able to talk about some solid gains soon. We will see!! 

Lake_Bum

J3ff said:

Glad to hear that Lake Bum. Def still on the BTC/ETH train. However, I'm in with fidelity now. I've watched too many videos about FTX and other exchanges (even Binance is suspect) that were nothing but a bunch of Fraudsters to venture outside of the major banks for now.. and still doing the futures thing with Boatman.. Hope to be able to talk about some solid gains soon. We will see!! 

Does Fidelity have a program that you can purchase BTC or some other crypto automatically in a "pre tax" investment such as all 401k's and Roth IRA's?  That's a good plan if so, depending on fees.  

Something I wish I knew MORE about, and I truly believe it will be the next massive explosion for investors, is AI tech, and how/what to invest in.  Let's face it, the planet is going AI, it's inevitable, and I'd love to learn more about it.  But there's going to be a million different ones that rise and fail.  The trick will be to find the next "Amazon" type of AI to invest in. 

Most Crypto that is in the top 50 or so, is getting huge gains right now.  

J3ff

Well that was a good day on the market!

Lake_Bum

Who is paying attention to Crypto?  It's going bonkers 

Dream_Inn

Lake_Bum said:

Who is paying attention to Crypto?  It's going bonkers 

Will Bitcoin actually surpass 2021 highs?  80% up from September, I'd be pulling some profits out if I had them, but I don't play any crypto.  I still have way too much invested in EVs, specifically NIO.

Lake_Bum

Dream_Inn said:

Lake_Bum said:

Who is paying attention to Crypto?  It's going bonkers 

Will Bitcoin actually surpass 2021 highs?  80% up from September, I'd be pulling some profits out if I had them, but I don't play any crypto.  I still have way too much invested in EVs, specifically NIO.

Well nobody has a crystal ball that says for sure what the highs will end up being.  But with BIG money institutions coming into play now, the possibilities are sky high.  It's currently on an 18 month high, and it's just getting started.  Almost all of the altcoins are up over 40% over the last month also.   I'm not scrambling at all to buy more this go'round.  I'm just sitting back, and waiting to pull the trigger on the SELL button.  Many many opportunities for gains of 50x in altcoins. Some will do much better than that! 

MarkB

Lake_Bum said:

Who is paying attention to Crypto?  It's going bonkers 

Me

J3ff

No complaints here.. threw money in, during and after the FTX crash  just wish it was more! Although, being up more than 100% on what I've got in feels good! 

mattie

Funny - after watching this thread for a bit....

Thinking the best time to plow money in the market is when replies on this topic are quiet.

lololol.

MarkB

mattie said:

Funny - after watching this thread for a bit....

Thinking the best time to plow money in the market is when replies on this topic are quiet.

lololol.

Buy when everyone else is scared too.

Willhound

Nobody ever talks about investments that are flat, or worse, dropped. You only ever hear about the wins......😉

Dream_Inn

Willhound said:

Nobody ever talks about investments that are flat, or worse, dropped. You only ever hear about the wins......😉

Well my NIO sure hasn't done my that well (should've sold more at end of July). But I'm in that one long term and I believe it will double quickly and then some next year.  I did make a little on it thru its ups and downs and hadn't sold any losses yet (I have some now).  I did sell my LCID (Lucid) for a loss.  I may buy some back but needed to take some losses for tax purposes.  I wish I had kept my AMAT, but I did sell that earlier this year for a gain. KO (coke) & V (Visa) have been some of my easiest and best to keep.

J3ff

I'll tell ya what, Lakebum is correct. The only thing I've made money on in the last 6 months has been BTC/ETH. The futures thing is way up and then way down .. probably going to give it one last shot and then call it quits on that. 

boatman37

I'm making great money at futures when I'm disciplined. The past few days my discipline has been horrible and I'm paying for it.

On another note, bought PYPL calls at the beginning of the week in 2 accounts. Closed the once account for 47% yesterday and the other account this morning for 87%

Lake_Bum

The selling part in crypto is the hard part for me.  But I guess I did something right.  Last December BTC was just a touch under 17k.  I sold a little at 45k about 10 days ago 

Maybe that's a mistake, as it's future could very well be upwards of 250k!  But for now, it just paid for a Diesel pusher RV. Boating won't get as much priority in 24' now lol

boatman37

I never trusted it so I only threw about $300 in it total. First at about $14,000 then again at about $24,000. Sold 1/2 when it was at about $50,000 so I doubled my money and sold 1/2. Had planned on buying more when it dipped but never did. For all that I have in it now it isn't worth selling so figure it's free money at this point. Maybe someday it will hit $500,000 and it might be worth me selling it then but if I lose it all then no big deal. I have much more invested in futures to worry about that $250

J3ff

ETF for crypto approved. Lake bum retires tomorrow!! I dumped a good sized amount in at some point last week. 

aero3113

This probably just made my bosses a few billion!

Lake_Bum

J3ff said:

ETF for crypto approved. Lake bum retires tomorrow!! I dumped a good sized amount in at some point last week. 

Bwahahahaha.......it greenlighted it for ALL of Crypto to skyrocket.   It ain't going to be an early retirement, but it's definitely GREAT news!   Hundreds of billions of dollars are about to flow into Crypto.  Altcoins are where the big money will be made. 

Lake_Bum

Only the beginning!