Boiler Room: The Official Stock Market Discussion

Tug life

I stay fly like a guillemot
Joined
May 26, 2012
Messages
3,985
Reputation
1,042
Daps
17,417
Reppin
Harlem World

the cac mamba

Veteran
Bushed
Joined
May 21, 2012
Messages
109,185
Reputation
14,206
Daps
312,324
Reppin
NULL
I was extremely bullish on lyft until I saw the s1 filings with the sec. Lyft has never been profitable and may never be. They lost almost 1 billion dollars in 2017 alone :huhldup: I'll wait a couple months after ipo to look at it again dont want a snap or bue apron situation.
i probably know less about stocks than anyone in here, but why the fukk would you want lyft like that when its a company that hemorrhages money? isnt that expense just gonna be picked up by stockholders? :dead:
 

hashmander

Hale End
Supporter
Joined
Jan 17, 2013
Messages
20,782
Reputation
5,536
Daps
89,625
Reppin
The Arsenal

its climb started after idiocracy came out. the idiocracy bump.

D0mVAq8WkAAtKTA.jpg
 
Last edited:

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
48,301
Reputation
4,138
Daps
72,804
Reppin
Michigan
i probably know less about stocks than anyone in here, but why the fukk would you want lyft like that when its a company that hemorrhages money? isnt that expense just gonna be picked up by stockholders? :dead:
Amazon ran in the red for years did it not? Netflix ran in the red and still does.
 

N.J.stan

RIP Mac Miller
Joined
Apr 5, 2014
Messages
4,856
Reputation
885
Daps
11,271
Reppin
NJ
betting against GE was good to me last year. I wasn't planning on doing it this year, i guess i will be.

I should have sold my calls last week. Was up 106%, now down 56% :francis:

Good thing they don't expire till next year :mjlit:
 

the cac mamba

Veteran
Bushed
Joined
May 21, 2012
Messages
109,185
Reputation
14,206
Daps
312,324
Reppin
NULL
i think im just gonna wait until theres some kinda crash. i have most of my money in a 2.5 percent online bank, and it turns out that shyt beat the market last year :dead:

i guess for a long term investment it doesnt really matter, but arent all signs pointing to some kinda recession soon?
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
48,301
Reputation
4,138
Daps
72,804
Reppin
Michigan
i think im just gonna wait until theres some kinda crash. i have most of my money in a 2.5 percent online bank, and it turns out that shyt beat the market last year :dead:

i guess for a long term investment it doesnt really matter, but arent all signs pointing to some kinda recession soon?
In a recession you buy more. It's an investment opportunity. The thing is if you don't need the money at the moment it's better IMO to put it in the market.

You say your 2.5% beat the market last year and that's true but the S&P 500 returned close to 18% in 2017 so if you lose 7% in 2018 you'd still be far ahead of 2.5% on a savings account.

I keep about 10K in online savings account, about 3-5K in a checking account and just about everything else goes into the market these days. I don't need the money any time soon so I'll play the long game and let it grow.
 

the cac mamba

Veteran
Bushed
Joined
May 21, 2012
Messages
109,185
Reputation
14,206
Daps
312,324
Reppin
NULL
In a recession you buy more. It's an investment opportunity. The thing is if you don't need the money at the moment it's better IMO to put it in the market.

You say your 2.5% beat the market last year and that's true but the S&P 500 returned close to 18% in 2017 so if you lose 7% in 2018 you'd still be far ahead of 2.5% on a savings account.

I keep about 10K in online savings account, about 3-5K in a checking account and just about everything else goes into the market these days. I don't need the money any time soon so I'll play the long game and let it grow.
yeah thats what my uncle told me
 
Top