Boiler Room: The Official Stock Market Discussion

[UltimateHustler]

i'm telling yall. this cac is pretty good



DATS ran up over $9 today.


too bad i didn't get to trade it

Any chance I could interest you joining in a small Coli Crypto stock Telegram chat?

You are a very knowledgeable brother.

Mind sending me a PM if so?

 

[BlaxOps]

 

[CBalla]

rvph hit 1.77

it was just 1.25 yesterday

$3 here we come

Roth MKM initiates coverage on Reviva Pharmaceuticals at Buy rating and announces a price target of $7

 

[UltimateHustler]

Jobs rreport came in higher than expected

https://finance.yahoo.com/news/us-labor-market-finishes-2024-on-high-note-adding-256000-jobs-in-december-as-unemployment-falls-to-41-181020710.html

 

[chineebai]

Adding to my gold position

 

[El_Mero_Mero]

Adding to my gold position

Any stock in particular, or do you physically own gold?

 

[FabTrey]

Any chance I could interest you joining in a small Coli Crypto stock Telegram chat?

You are a very knowledgeable brother.

Mind sending me a PM if so?

what is that? i don't do cryptos anymore tho. i'm mostly option and day trading small cap momentum

 

[UltimateHustler]

what is that? i don't do cryptos anymore tho. i'm mostly option and day trading small cap momentum

My bad brother- I meant to say a Coli stock group on Telegram.

 

[BlaxOps]

In response to possible deportations, I asked ChatGPT:
If no one wants to do low wage jobs, how could that affect an economy?

If no one is willing to do low-wage jobs, it can have significant consequences on the economy. Here's how it could affect different areas:

1. Labor Shortages​

Many industries, such as retail, hospitality, agriculture, and manufacturing, rely on low-wage workers for their day-to-day operations. If there are labor shortages in these areas:

• Production delays may occur, leading to supply chain disruptions.
• Services may become slower or unavailable, as businesses like restaurants, hotels, and retail stores struggle to find workers.
• Higher labor costs: To attract workers, businesses may be forced to raise wages, which could affect their bottom line.

2. Rising Costs and Inflation​

With businesses needing to increase wages to attract workers:

• Costs of goods and services may rise as companies pass on the higher labor costs to consumers.
• Inflation could increase, particularly in sectors heavily reliant on low-wage labor, potentially driving up prices across the economy.

3. Business Closures or Automation​

If businesses cannot fill low-wage jobs or afford higher wages:

• Small businesses may struggle to survive, potentially leading to closures, especially in industries like food service and retail.
• Automation: Businesses may accelerate the adoption of automation to replace human workers, especially for repetitive tasks. This shift could lead to long-term changes in how certain industries operate, potentially reducing the number of available jobs.

4. Income Inequality and Social Consequences​

A reduction in the availability of low-wage jobs can also:

• Increase income inequality, as higher-paying positions may not be accessible to everyone.
• Strain public services, with more people potentially relying on government support if they are unable to find work.
• Increase in poverty, particularly for those who rely on low-wage work as their main source of income.

5. Shifts in Consumer Behavior​

If prices rise due to labor shortages and wage increases:

• Consumers may cut back on non-essential goods and services, impacting demand for businesses like restaurants and entertainment.
• Economic growth could slow down as consumer spending, a major driver of many economies, declines.

6. Potential for Policy Changes​

Governments might respond with:

• Increased immigration policies to fill labor gaps.
• Welfare reform or universal basic income programs to address job shortages and income inequality.
• Training programs to upskill workers and shift them into higher-paying jobs or industries with labor shortages.

In the long term, economies would need to adapt by finding new ways to balance labor demand and supply, potentially transforming how certain industries operate and how wealth is distributed.

 

[phcitywarrior]

Adding to my gold position

How do you invest in gold?

 

[FabTrey]

My bad brother- I meant to say a Coli stock group on Telegram.

i didn't even know it existed. lol give me a link here and i'll browse first.

 

[CBalla]

Roth MKM initiates coverage on Reviva Pharmaceuticals at Buy rating and announces a price target of $7

https://www.business-standard.com/amp/companies/news/j-j-to-acquire-drugmaker-intra-cellular-therapies-for-14-6-billion-125011300750_1.html

rvph competition just got bought out for over 14 billy

rvph market cap under 100 milly

 

[Ohene]

if those inflation numbers are bad tomorrow the market is fukked. S&P hitting 5600/5500 before bouncing

 

[chineebai]

NBIS is strong, red to green.

For gold, i buy gld and gdx, i also do buy physical gold from time to time like gold coins but more so because I value physical gold, not because it's any better.

 

[Mirin4rmfar]

horrible move of mine selling Rigetti , had 666 shares at 1.5, sold, 332 shares at 3.32 ish, sold for profit cause I got afraid of quantum bubble. I lose more by selling.

I just don't understand why SOFI is not running they are profitable, they have loans, financial services, tech services, it's annoying considering a lot unprofitable companies are running like crazy

Lol wasnt a bad move after all. Just wish I held on to Rigetti a bit longer . Hope ionq keeps tanking so I can jump back in.