Boiler Room: The Official Stock Market Discussion

[chineebai]

LK - super risky but I think LK is undervalued at this price point. I'm going to pick up like 1k shares to start.

The downward price action is probably due to Goldman Sachs forced selling and panic sells, in my opinion. I think it's a good risk reward if you have some cash you want to play with. The downside is that it can be delisted due to fraud lol.

 

[Saysumthinfunnymike]

LK - super risky but I think LK is undervalued at this price point. I'm going to pick up like 5k shares to start.

The downward price action is probably due to Goldman Sachs forced selling. I think it's worth a bet.

These Chinese stocks been scaring me

 

[CBalla]

LK - super risky but I think LK is undervalued at this price point. I'm going to pick up like 5k shares to start.

The downward price action is probably due to Goldman Sachs forced selling. I think it's worth a bet.

Even if they lied about 100s of millions of revenues?

 

[Da_Eggman]

Interesting video



Some stocks I didn’t know much about

Appian is interesting if I can understand it correctly it might become like a Shopify but for apps

 

[Da_Eggman]

Even if they lied about 100s of millions of revenues?

At that price it’s pretty good good risk rewards

regardless of actual numbers they still do have more coffee shops in China than Starbucks

I think they could be a buyout candidate for maybe a baba

 

[franknitty711]

I have spy puts along summer months. Getting squeezed pretty hard here but I can’t see this rally lasting much longer.

A lot of money has been flowing into stocks. There are 800k new brokerage accounts the last two months. This is setting up to be a big disaster for a lot of Robinhood traders

 

[CBalla]

I have spy puts along summer months. Getting squeezed pretty hard here but I can’t see this rally lasting much longer.

A lot of money has been flowing into stocks. There are 800k new brokerage accounts the last two months. This is setting up to be a big disaster for a lot of Robinhood traders

When those new panic buyers become panic sellers just like when Bitcoin hit 20K

 

[Chrishaune]

Victoria secret out here about to close 250 stores

L Brands.....What a L

 

[Serious]

Victoria secret out here about to close 250 stores

L Brands.....What a L

I'm reading their recent earnings report, seems like a good come up, if it tanks or people sell out on tuesday.....

All it says is that they're closing physical stores, because they realized its way more cost efficient to sale their products online..


Their online sales increased by 30%, so women were still buying their shyt, just not in person.

http://investors.lb.com/static-files/9bed0779-a8fb-4490-a938-c8e55e04844e

I expect many established retail outlets to follow this trend.

 

[Da_Eggman]

I have spy puts along summer months. Getting squeezed pretty hard here but I can’t see this rally lasting much longer.

A lot of money has been flowing into stocks. There are 800k new brokerage accounts the last two months. This is setting up to be a big disaster for a lot of Robinhood traders

If they cut another check it’s gonna get pumped more

 

[Chrishaune]

I'm reading their recent earnings report, seems like a good come up, if it tanks or people sell out on tuesday.....

All it says is that they're closing physical stores, because they realized its way more cost efficient to sale their products online..


Their online sales increased by 30%, so women were still buying their shyt, just not in person.

http://investors.lb.com/static-files/9bed0779-a8fb-4490-a938-c8e55e04844e

I expect many established retail outlets to follow this trend.

Oh I don't doubt women were still buying online. I'm just at the speedy downfall of retail as we knew it with the coronavirus introduction... Everybody should have saw this coming since the early 2000s though...

 

[the cac mamba]

I have spy puts along summer months. Getting squeezed pretty hard here but I can’t see this rally lasting much longer.

A lot of money has been flowing into stocks. There are 800k new brokerage accounts the last two months. This is setting up to be a big disaster for a lot of Robinhood traders

i'm a bear to the death i refuse to believe that the market goes nowhere but up, from here. this economy is on the brink of a fukking great depression

in the meantime, what's going up next week?

 

[Saysumthinfunnymike]

Here's the thing though and something I was thinking about... the market is reacting the way it should in a sense if you look at these things..

1. The sectors that were hit the hardest by the pandemic have not come back yet. Airlines, cruise lines, banks, etc. are still near their yearly lows, some of them near all time lows. Hotels/casinos have had huge run ups as well as Disney and Uber but I expected some of them to recover quicker.

2. Tech and "stay-at-home" stocks are soaring and I'd argue rightly so. Why should Facebook or Apple be down right now? Their earnings was not bad all things considering and they've made some great moves. Amazon should be up. Netflix should be up. Roku, Peloton, Illumina, Paypal, Square, Visa, etc..

3. The stock market is always ahead of the economy. It trades 6 months into the future, sometimes a year. For example, let's look at something like Delta. They don't have to get back to 100% of 2019 passenger levels for their stock to get back near it's high. They have to move in that direction to the point where the forecast would say "at this rate in 6 months" as an example and buyers will be on the stock well before the actual revenue is made.

 

[Saysumthinfunnymike]

We also have to point out that the stock market is not really designed for 'poor' people. Or really even the average person. There's going to be a disconnect between the market and the actual economy. A lot of the people that are currently out of work would not have been able to participate in the stock market to begin with.

Now obviously, I'm not rich and I don't think many of us in here are wealthy but what we do have is intelligence and that allows us to turn hundreds of dollars into thousands of dollars or thousands into tens of thousands. Some of these rich fukks are panic buyers/panic sellers, it's not just new Robin Hood users that don't know what they are doing..

We all take losses but at least we know how to mitigate those losses and then bounce back with a big W or two that will more than offset where we went wrong.

Watch the trends, watch the charts, talk to people, do your research and mitigate your losses and you can be pretty decent at this.

 

[Serious]

Was listening to a conference call today(cloudflare) and the CEO said from their end, the hospitality, retail, and transportation industry got completely obliterated.

And a lot of businesses in that sector won't make it. Kinda of stuck with me......

Aside from quick flips and prostituting those stocks like @*dalmem I ain't ever taking those stocks seriously long term, or as substantial load.