I get yall hate reddit but they got some hidden gems on that forum

[Mr Rager]

Yes. 90% of the posts are promoters though. You can usually tell by the fact that the stock already has a lot of buyers (so it will blow up then they sell when you enter the market as the new "buyer" while they sell). You have to learn to filter the BS stocks from the money makers.

Put us on when another opportunity pops up breh.
I have a hard time telling which penny stocks are winners since reddit cacs say everything is headed "to the moon"

 

[Sonny Bonds]

Who said I'm going to trade penny stocks again. Now that I have this amount of money imma start shortselling companies that are going to go bankrupt. Such as JC Penney, Blue Apron, AMC theaters etc. road to 200k 2020

How do you do this? Assuming you have the money.

 

[Thethirdpew]

Put us on when another opportunity pops up breh.
I have a hard time telling which penny stocks are winners since reddit cacs say everything is headed "to the moon"

If they say it's headed to the moon I ignore. I usually use this website to screen for oversold stocks Oversold Stocks - Most Oversold Stocks Today I then also check stocks with an RSI below 30 and a decent volume. Once I've compiled this data I make an excel spread sheet with all 3 variables to hone in on 2 of the stocks that might blow up the following week. So far I've had a 2/3 success rate doing this.

 

[Counter Racist Male]

I literally just made 60 grand off Reddit. Some Cacs were talking about a pennystock they expected to pop off . I jumped on the train and made 60 grand in one day . Yes, they are racist, but they lowkey got some hidden gem subreddits on there. r/financialindependence and r/stocks .

White racist know a lot of good things and keep the information from black people. Nothing knew.

 

[DaddyFresh]

reddit has been better than the coli for a while.

To be fair for information and cool shyt. Reddit is the best forum on the internet. The only thing Coli has on them is The Culture. You can’t even compare the sites other then you can make threads on both lol

 

[Luck]

Also. LMAO at the people who think I'm lying. Not going through the effort to post my TD Ameritrade account. Laughing my way to the bank. And to those who asked if it's too late, yes it's too late. The stock got pumped now they are "dumping" it.

“LMAO” at you going thru the effort to make this this thread tho, negged

 

[SAINT]

r/wallstreetbets is leaking again

Gotta get those tendies breh

 

[Thethirdpew]

How do you do this? Assuming you have the money.

Shorting is more risky and you can lose more money in the process. To short a stock you need a margin account from a brokerage. Then all you do is click "sell short" then you buy that stock for cheap. Say for example that I want to short a company whose shares at 10 dollars a share right now. I think that their share price will go down so I "borrow" these shares and sell them. let's say I decided to sell 10 shares so that makes 100 dollars worth of shares I sold. Once the price goes down I have to go back and buy these shares and the difference is my profit. So if the stock went from 10 dollars to 5 dollars I made a 50 dollar profit. The danger is that if the price goes up to 20 dollars I now owe 100 dollars.

 

[Mr Rager]

If they say it's headed to the moon I ignore. I usually use this website to screen for oversold stocks Oversold Stocks - Most Oversold Stocks Today I then also check stocks with an RSI below 30 and a decent volume. Once I've compiled this data I make an excel spread sheet with all 3 variables to hone in on 2 of the stocks that might blow up the following week. So far I've had a 2/3 success rate doing this.

 

[Mindfield333]

I don’t understand how to read reddit comments. And they seem like lame white boys on there

At least they don’t pretend to be black like... nvm

OP, how much did you put up?

 

[peppe]

Reddit is all about which subforums you sub too.



Im subbed to tech and book subforums so i dont experience racist reddit there.

Anyway make that money breh

 

[Amestafuu (Emeritus)]

To be fair for information and cool shyt. Reddit is the best forum on the internet. The only thing Coli has on them is The Culture. You can’t even compare the sites other then you can make threads on both lol

used to

this site is fool of stunted minds... fell off hard

 

[Thethirdpew]

used to

this site is fool of stunted minds... fell off hard

I agree. The only worthwhile subforums here are Higher Learning, The Film Room and 6 Certs. Especially the boiler room. A few guys in there were saying to buy Boeing when they were worth 97 dollars. I bought boeing then it double in price . Sold before I went donw again though .

 

[Yinny]

I had an acct for a year but just started posting last week, largely in my field.

It’s useful but I’m surprised at how much and the type of stuff people want to diy. Also the people looking for legal advice with the vaguest of details.

One person was looking to buy a house for $800k and looking for ways to “save” on a Realtor’s fee. “Inherently,” an agent doesn’t deserve such a large amount.

Also wild all the people renting rooms, chilling with no actual leases, living with crazy friends. It’s real in the field.

 

[Thethirdpew]

I had an acct for a year but just started posting last week, largely in my field.

It’s useful but I’m surprised at how much and the type of stuff people want to diy. Also the people looking for legal advice with the vaguest of details.

One person was looking to buy a house for $800k and looking for ways to “save” on a Realtor’s fee. “Inherently,” an agent doesn’t deserve such a large amount.

Also wild all the people renting rooms, chilling with no actual leases, living with crazy friends. It’s real in the field.

Maybe I'm dumb but I don't understand this part