The Stock Thread

slotmaster

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Ok since I am not in bitcoin stocks I won't derail the bitcoin thread anymore.

Everyone pray for me again as I bought the most shares so far in a company today (like a penny stock) and it was up 77% but then the company asked for trading to be halted, released you would think good news so now all of us who bought is pacing as we are not sure what the share price will be now, could lose all my money or I am about to win the lottery!:eek: In a couple of others that they keep saying could explode maybe this week.

I would like to use my ONE TIME!:D

Might need to change my name to stockmaster:p

Anyone else into the stock market right now? If so what do ya got?
 

Slottery

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Own some but like said in BTC thread, i'm quite conservative with my investments, not really look any day trading or huge pump in prices as i don't see myself to be very good in that game which is played by all huge financial institutions and their full time research dudes which i at least hope (have some pension funds which are not in my control....) have better understanding and tools to study these companies and possibilities etc... yes i can make some simple researcs but guessing if some P/E ratio is good or undervalued or what so ever for particular company is much guessing for me than my horse betting (where i also sometimes get it right) :)

Most what i own and keep buying monthly are boring big companies which i believe keep doing good and they had, no that kind of huge winnings like in speculative ones but when target is save, you usually are happy to much smaller profit than in gambling, something around 10% sounds really boring and almost nothing but after some time you can see how that amount gains compounding interest and in 20+ years your monthly savings might have gaine quite nice pension fund and that doesn't need any big capial at any stage, if just can put side something all the time, can be under €£100/month and even half but once capital is big enough, that even small % annual increase is quite a big amount.

Of course i also as hobby to buy some penny stocks, but these then are total different and taking them much more like any form of gamble and there always are these companies who make themselves worth a lot with some great invention or any other way which nobody could see beforehand, Unfortunately there are very few of these succeed for long term but like you been mentioning, these can gain value really fast, of course some huge increase in value can be really short and drop faster it raised so need to always think if it's sustainable or something you wanna hit withdrawal button after certain increase.

Other similar hobby are also non listed companies where you can participate to crowdfunding type of investment when you buy something which is not listed, often startups who are raising money to get their product out etc.. Like to follow some of companies i for some reason thougth might be successfull in future, these of course often end up to be nothing but like in penny stocks, it's extra high risk investment with high risk and high reward, wouldn't add any huge amounts to these but often can take part with something starting from $1000 which is not that huge money if been saving and investing long time, it can fit to your risk appetitate and some can return huge ROI, but never invest in these if not thinking business plan and roadmap have good potential.

As we are in gambling forum, funnily one of best performed investments i have in last 15 years have been igaming related, many companies collected funds to launch their products, many also were quite low valued even they were already listed in stock exchange and it's not really mission impossible to sometimes get it right how some gaming company gonna do in future, i've seen many people writing here very good thoughts about some companies futures which have been well educated opinions from people who use products and know business and competitors, many predictions here have been happening :)

Then there are these things were market just get everything wrong, especially in these days when whole world get word within few hours, this as one good example when Elon Muskot tweeted "Use Signal" (which have come more used after Whatsupp T&C:s etc...) and people started to by shares like crazy, unfortunately just from wrong company, Signal is made by non profit organization and not listed, can just imagine how this Signal Advance owners and founders feel when saw how much their company gained value from nothing :) :

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slotmaster

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Ya iGaming is one of the most talked right now as sports are coming back and more places are regulating sports betting. Look at draft kings, I missed that but they are saying it could go over $100 a share. I have watch on Golden Nugget Gaming and I was invested in a local sports media here at .75 and now it is at $3.45
 

Slottery

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Ya iGaming is one of the most talked right now as sports are coming back and more places are regulating sports betting. Look at draft kings, I missed that but they are saying it could go over $100 a share. I have watch on Golden Nugget Gaming and I was invested in a local sports media here at .75 and now it is at $3.45

I'm happy to bought gaming shares 5-10 years ago when current huge ones were not valued near what they are now :) Finding anythng new temptating is quite tough and needs some guessing work. Also have some limitations as been connected to many companies and categorized to have inside information which prevents directly or indirectly buying some shares and not willing to violate any trading regulations, too comfortable these days to take any risks to get involved to anything which could be categorized as crime.
 

geordiecolin

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I predict that very soon we will see America's lock down's end because the Dem's will no longer want to screw over the economy so medium sized retailers socks will probably rise sharply
 

Slottery

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I predict that very soon we will see America's lock down's end because the Dem's will no longer want to screw over the economy so medium sized retailers socks will probably rise sharply

Dunno how to forecast anything anymore as normal economic laws seem to be totally forgotten, instead of recession it's nicer to print more money and keep interest rates even negative, this kind of funding from central banks is just something not seen before.

All stock markets and indexes been just highin up and up even real-world economy is struggling due to pandemic and also this going up been happening so long time again but just seems nobody don't want to have any downhills anymore like before was normal. Some main indexes in US like SP500 is up %16.26 last year and these indexes usually are not near of these big bubbles.

This ongoing funding, funding, funding is just nosense in macro economics, everybody with even half decent credit ratings can get near to free loan which is really easy to invest somewhere with very low risk but still make more than you pay it's interest. This then again cause that people who have money get it even more by doing pracitcally nothing but same time almost all countries are struggling to with their budgets, have to cut services etc... and people who been in challenging financial situations are getting deeper there.

Hope people have learnt something in last 100 years and would find some other solution than war or revolution with violence etc... to sort it out, now it just been long time already that nobody don't like to stop these parties, so many "too big to fail" arguments everywhere and good memories from 2007 how only few big banks going down had big impact to most of the worlds economy, how it goes next time when more that big institutions just goes default, probably same way than last time, "normal people" pay the bill in taxes and recessions service cuts etc..
 

geordiecolin

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Dunno how to forecast anything anymore as normal economic laws seem to be totally forgotten, instead of recession it's nicer to print more money and keep interest rates even negative, this kind of funding from central banks is just something not seen before.

All stock markets and indexes been just highin up and up even real-world economy is struggling due to pandemic and also this going up been happening so long time again but just seems nobody don't want to have any downhills anymore like before was normal. Some main indexes in US like SP500 is up %16.26 last year and these indexes usually are not near of these big bubbles.

This ongoing funding, funding, funding is just nosense in macro economics, everybody with even half decent credit ratings can get near to free loan which is really easy to invest somewhere with very low risk but still make more than you pay it's interest. This then again cause that people who have money get it even more by doing pracitcally nothing but same time almost all countries are struggling to with their budgets, have to cut services etc... and people who been in challenging financial situations are getting deeper there.

Hope people have learnt something in last 100 years and would find some other solution than war or revolution with violence etc... to sort it out, now it just been long time already that nobody don't like to stop these parties, so many "too big to fail" arguments everywhere and good memories from 2007 how only few big banks going down had big impact to most of the worlds economy, how it goes next time when more that big institutions just goes default, probably same way than last time, "normal people" pay the bill in taxes and recessions service cuts etc..
While small businesses are going and have gone to the wall bigger businesses are thriving because they are hoovering up. There will be a bigger divide between the haves and have not's. Personally I think it is a prime time to switch some bitcoin into stocks and shares
 

slotmaster

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Well, this is disappointing so far, no riches in that stock, it's in a big dump mode today, It did get to $1.05 a share which is double my investment. Still ahead in it and in profit today from all stocks but thought I was going to the promised land today,lol
 

slotmaster

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Well still in profit today $58 but I tanked this afternoon as I was up as high as $96 as I bought a couple of bad ones, but I did buy 2 shares of NIO if I can hold that for a long term one.

See what happens with a few short-term ones tomorrow and maybe sell them and do a withdrawal to get some money back.
 

slotmaster

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Well, that was ugly today. :( A new President is bad? Or what happened to most of the stocks today?
 

Slottery

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Rising shares of Netflix and other technology companies pushed major stock indexes to fresh records Wednesday, reviving Wall Street’s appetite for growth stocks.
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Major stock indexes hit ATH yesterday, so no really negative Biden effect there, if think it's connected to Biden, then his impact was positive. Don't think him coming POTUS had huge effect, it's been known and reacted beforehand, nobody expected Mr Trump to do anything in his last days which would have impact for businesses.

Just the fact that these prices hitting top of roof all the time even some could think that we are in global pandemic which should have negative impact for economy is bit silly. Wrote it just bit earlier, but this what now have happened again after very short covid drop, is just not in line with macro and everyday economic. We read all the time how many companies struggle and struggle, still many share prices, especially these big ones which indexes are made keep hitting ATH:s. Central bank money pumping is really doing things weird but can it continue for ever that let's just print more money to avoid recession? That money goes to pockets who already have it and own these shares which prices are pumped with "steroids" to keep growing.

So far in economic history far as we know it, there have been coming recession after long growth, now it just seem to be common goal that nobody want it and central bank are financing almost everything. When last time interests been 0 or negative this long time without seeing any signs it change anywhere soon? Inflation doesn't really exist and stagflations seem to bigger risk than guess never before.

Have had my bit of this growth, big part of my investments are already now in quite safe and low-interest instruments, don't know if or when things start to go down, but by this age have learnt not to be too greedy, it doesn't make you happy how much every you gained during growth if you lose bigger part of it if party one day is over again, it takes much less time something to drop 70% than go up. We'll see what happens, of course have still money in stocks but mostly in big companies i think will be survivors what ever happens and market will be rebuilt, some are just in position that it's hard to see others just taking over their market shares.
 

slotmaster

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I was already planning to get out of some stocks and do a withdrawal before yesterday anyway, right now I skimmed down for both short term and long term but I did double my shares in the one that made me 100 Percent return, lol
 

slotmaster

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After 2 bad days, I was in the green again today and got back a little bit of profit. That one penny stock did not work out at this time, broke even. I have 2 others that I am of course praying they break out, lol. Earlier today an article came out that one company may have something brewing like acquiring or being acquired that could be bad or could be good.

I repositioned myself and cleaned the portfolio up and it worked today and kind of chilling out right now, nothing new getting into, and still want to do a withdrawal of the original investment.
 

slotmaster

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Wowweeeeeeee what a open! How is everyone liking stocks this morning first thing?

That's crazy!

I am on the rocket going to the promised land baby? ( Until the market corrects itself)
 

slotmaster

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I jumped in blackberry last week, made profit and I just bought a little bit of nokia as they are working on stuff but the rumor is nokia is next to gamestop 2.0 pump! So might as well gambool and try to get in.:p

Bought more BNGO as well, still holding nio and zom for long term and short term plays.
 

Slottery

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I jumped in blackberry last week, made profit and I just bought a little bit of nokia as they are working on stuff but the rumor is nokia is next to gamestop 2.0 pump! So might as well gambool and try to get in.:p

Bought more BNGO as well, still holding nio and zom for long term and short term plays.

You mainly trading these "Reddit stocks" now? Would take these price increases as fast profit and forget idea of holding them for long time. Nokia of course has some potential to be nicely priced even without any "pump and dump" tricks but then some other of these small ones like Gamestop i would be happy to get rid of with price it hit.

We possibly see some quite big hedge fund collapsing soon, if everything is true what you read from internet, they been shorting Gamestop "naked" so took bigger short position than there are stocks available to buy, which naturally shouldn't be really ok normally (or might be wrong, not rich enough to play short games and like much more idea to own companies which gain value instead of losing it).

Think there are currently around almost 20 stocks affected by active group of day traders like you @slotmaster congratulations if you got in Gamestop (and get out in time, all can't manage to do that) :cheers: When enough people (or enough money), these kind of "bit" speculative values can be made, it's not more complicated than any other market, supply and demand, buy something and get enough others to do same and enjoy their money who entered there bit too late. It can be attractive way of gamble, but like said, day trading is not my cup of tea, i don't believe me getting rich fast happen in this world anymore :)
 

slotmaster

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Staying away from GameStop and such, only put in a little in Nokia as they are working on stuff as well than the pump and dump nonsense.

It is getting too crazy but the other ones are holds for long term.
 

Slottery

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Staying away from GameStop and such, only put in a little in Nokia as they are working on stuff as well than the pump and dump nonsense.

It is getting too crazy but the other ones are holds for long term.

It's nice form of gamble what's happening there now, it's just zero-sum game so if you win, somebody else loses but it's nice time to time if taking it just gamble, for long term my blood pressure couldn't handle margin trading :)
 

slotmaster

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Ya too much stress for me too, how is that blackberry price today so far;)
 
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Slottery

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Yeah, like said would call this almost pure gambling which of course is nice, especially in this forum many like it. Hopefully there are not many poorly informed people who selling their houses to buy some never-heard stock which rocketed already and they now just fund these peeps winnings who bought them earlier.

It's ok for me if people want to take high risks in stock market or what ever, just hope most study little bit what they start to do before getting in it, just for fun checked that Reddit and people are seriously asking there where they can see price they paid from stock, this is always bit worrying like deposit your life savings to online casino and hope to win big, even your expected ROI is negative, all platforms of course charge from trades and if you buy something and not even know the price exact, person probably couldn't write essee from margin trading, even doing it, not very well though.

Hopefully also there are not much pension funds or other lifetime savings in any hedge-funds who speculate with these huge short position, that's in my opinion very high risk speculation and shouldn't be done with people all savings, would be almost same to play Bonanza until it pays first 1000x we all know it's happening if you just keep playing but nobody can forecast if it happen early enough or you got some other wins to make you profitable once you hit it(in Bonanza you most probably do).
 

slotmaster

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Sadly there probably is, I told my co-worker who is in blackberry as well still to really watch and nothing wrong with taking profits (like I did), go get a bottle of wine on the way home and enjoy. This is getting a little too crazy a game now if you're following the news and happenings tonight, and the stocks are dropping. yes I do have some in Nokia but they do have like contracts and stuff in the works as well so it should be like a $20-30 stock but if it goes up I am taking my investment at least or getting out all together, I don't have enough shares where I am going to lose my shirt, lose money of course but there is more upside then downside where I bought.

Think it's a good time to chill out and let stuff cool down IMO for right now.
 

slotmaster

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Uncle Kevin slaughters scum once again! I love and can't get enough of the thumbnail of the 2 of them miserable and Kevin smiling! LOL

 

slotmaster

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I threw a hundred in Nokia last week and late Friday Blackrock bought 333 million shares! tee hee! I think it's going to be rough still to start the week maybe but they are releasing earnings so will see what happens.
 
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