Boiler Room: The Official Stock Market Discussion

ExodusNirvana

Change is inevitable...
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Open just crossed 6 dollars
*speaks in tongues*

*chants unknown language*

*tosses bear bones into the fires*

YOLO HODL YOLO HODL

tenor.gif


JOIN US :blessed:
 

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I bought puts around 647$ and exited almost perfectly around 643.50:banderas:


Then by eod my account rallied back to exactly where it was this morning:francis:


Seems this has been the case for most of the week. Thinking my account is about to go crazy,only to be back to almost no gain at the close.
 

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Is OPEN going to actually recover into a real stock or is this just wsb fukkery


"Being wsb fukkery" may lead to better returns than if was actually going to recover into a real stock:mjlol:


So i dont think it really matters until earnings.
I dont know what the nearest support is up here. I think the last one i said was around 5.20 or 5.40. May want to see if you can get a pullback there for more safety. Not guaranteed though. I need to look back and see if i had a price target.
 

InterestedNow

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MSTY is in the $15 range, for about $1500 I can get 100 shares, for now it's paying about $100 per month as the dividend. This means that "if" it were to remain around $100 per month as the dividend, then you would make your money back after 15 months?

Is that correct?

What am I missing here?

As long as you purchase it in Robinhood or one of the other apps that doesn't charge fees for doing trades, then what is the downside/negative?

You can argue opportunity cost, and that maybe the money can be used other ways, but what am I missing? What's the catch?

If the dividend remains where it's at, or gets better, then it seems like a good play.
 

mson

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MSTY is in the $15 range, for about $1500 I can get 100 shares, for now it's paying about $100 per month as the dividend. This means that "if" it were to remain around $100 per month as the dividend, then you would make your money back after 15 months?

Is that correct?

What am I missing here?

As long as you purchase it in Robinhood or one of the other apps that doesn't charge fees for doing trades, then what is the downside/negative?

You can argue opportunity cost, and that maybe the money can be used other ways, but what am I missing? What's the catch?

If the dividend remains where it's at, or gets better, then it seems like a good play.


Are there still apps that charge fees for doing trades?
 

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Cant break 648.88 for shyt:mjcry:#Spy.


Every morning im up nicely for about 10 minutes then right back down lol
 

KING WILL

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MSTY is in the $15 range, for about $1500 I can get 100 shares, for now it's paying about $100 per month as the dividend. This means that "if" it were to remain around $100 per month as the dividend, then you would make your money back after 15 months?

Is that correct?

What am I missing here?

As long as you purchase it in Robinhood or one of the other apps that doesn't charge fees for doing trades, then what is the downside/negative?

You can argue opportunity cost, and that maybe the money can be used other ways, but what am I missing? What's the catch?

If the dividend remains where it's at, or gets better, then it seems like a good play.
It depends on what you are using it for.

Overall capital appreciation? Probably not the best investment.

If doing it for pure income? Its awesome.

My last payment was over $4600. Im in it for the income.

Theoretically, even if my investment drops 50%, Im ok with that if I continue receiving an avg payment of over $1 over 13 payments.

Now, if it drops 50% and the payment continually dips too, then its a big L
 
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