NaijaProdigy Redux
Veteran
Next week, we sell / consolidate some shyt. You're gonna have to wait another year Mr. Tax Man 
Boiler Room: The Official Stock Market Discussion
Next week, we sell / consolidate some shyt. You're gonna have to wait another year Mr. Tax Man
I hope there’s a sell off so I can buy.I hope this triggers fomo selling.
I’m praying for a correction to show us new investors a lesson for being bullish
Watch carefully monday AM..........although the volume is going crazy trending up, ever now....and BNGO was his name-o
shyt holding strong so far
I guess what I'm saying is people are buying and selling shares of let's say IPOD. Is this just gambling or something? IPOD is a guy's name and a promise to do something in the future with money.
I used to think buying an IPO was one of the more riskier things you could do but this sounds 2x as risky. This is even past angel investing because at least when you do that you have an actual pitch for a company you can put thought into.
I guess a positive is if I bought Lyft at IPO it was over $80 a share and it still hasn't recovered to that. If I buy IPOD it's like $12-$13 a share and if it fails at least it's not $80 per share.
Im going downsize the shyt Im in for sure but Im holding the bft stocks I have till I see how much they appreciate with the merger.
Thinking long term ones for me will be
Appl
Nio
Ttcf
Planet 13
Start fractions on tesla
Im actually not adverse to risky shyt now that I think about it because Im not putting in enough that if it all went to 0 Id be doomed. I still got 6+ months of living expenses regardless of my current investments. But I think itd be a good idea to be safer atm since Im a noob
Thinking long term ones for me will be
Appl
Nio
Ttcf
Planet 13
Start fractions on tesla
Im actually not adverse to risky shyt now that I think about it because Im not putting in enough that if it all went to 0 Id be doomed. I still got 6+ months of living expenses regardless of my current investments. But I think itd be a good idea to be safer atm since Im a noob
VFib
All Star
I’m up over 200% on BNGO, but may hold a little longer. I want to see how high it goes.
NaijaProdigy Redux
Veteran
I hope this triggers fomo selling.
I’m praying for a correction to show us new investors a lesson for being bullish
Monday is the start of a new season. Separate the fake from the real
let’s see if people can go back to back
Monday is also when a lot more of those irs checks hit. Don’t be surprised if a bull run occurs firstMonday is the start of a new season. Separate the fake from the real
let’s see if people can go back to back
Finished the year up 93%
Vanguard only updates monthly. Excited to see what I finished at.
Saysumthinfunnymike
VOTE!!!
Buying IPOD would be closer to gambling because there's no actual company, it's just a plan to acquire one. So yes, you would just be investing in Chamath himself.
However, it's not like an IPO until the merger date.
The floor is $10 on most of these SPACs. It can't go much lower than ten typically until after the merger occurs. So if you get into it early you have a lot of upside with very little downside risk..
Once the merger happens it's like any other company. It'll sink or swim.
92.18% for me on my big account. 74% on my M1Finished the year up 93%
With SPACs, management/investors is a key component when determining which one to park some $ in. No one has a better track record with SPACS than Chamath. SPCE, MP, INAQ, IPOB, IPOC. All bangers.
There's some opportunity cost putting money in SPACs that don't have targets yet, but if you can get in the 10's, the downside is minimal.
92.18% for me on my big account. 74% on my M1
Nice Im up 71% on M1. Hopefully we all eat next year