Serious stonks strategy talk

[Bebpo]

I mean I could but I'd rather just hold out for prices to someday get affordable.

move to santa barbara,bb 

Pretty sure SB is just as expensive or more than LA/OC lol

[team filler]

I'll move in and help with the bills 

or maybe try buelton 

[Transhuman]

Wow those wall street movies aren't kidding, you traders sure like to use some filthy language

[team filler]

says the dirty bogan 

[Transhuman]

Hey easy with the b word, I think FUME5 might be a bogan. The good kind though.

[who is ted danson?]

https://twitter.com/EricHorngABC7/status/1489486182979354627

9/11 two electric boogaloo

[james]

Finally some good loss porn from reddit

https://imgur.com/YCbybIY

[james]

Roku shares dropped as much as 25% on Friday after the streaming company reported fourth-quarter revenue on Thursday evening that missed expectations and gave disappointing guidance for the first quarter.

The decline is on top of the 10.3% drop Roku posted Thursday before it published earnings. And if the move holds until close, it could mark Roku’s worst day of trading ever. Its biggest drop to date was on Nov. 8, 2018, when its stock fell 22.29%. Shares of Roku are about 77% off their highs on July 27, 2021.

https://www.cnbc.com/2022/02/18/roku-stock-plunges-25percent.html

[Tycoon Padre]

Roku shares dropped as much as 25% on Friday after the streaming company reported fourth-quarter revenue on Thursday evening that missed expectations and gave disappointing guidance for the first quarter.

The decline is on top of the 10.3% drop Roku posted Thursday before it published earnings. And if the move holds until close, it could mark Roku’s worst day of trading ever. Its biggest drop to date was on Nov. 8, 2018, when its stock fell 22.29%. Shares of Roku are about 77% off their highs on July 27, 2021.

https://www.cnbc.com/2022/02/18/roku-stock-plunges-25percent.html

How tf do they still have a 15 bil market cap, it's like dumping your savings into $20 Walmart DVD players

[james]

On the eve of war, stonks down, oil up. If you havent hoarded barrels of oil yet, its too late

[who is ted danson?]

The discounts on stocks though 

[who is ted danson?]

Oil up

Time for papa joe to drill some native americans   

[james]

The S&P 500 is officially in a correction. Down 10% from the high.

Time to buy the dip?

[Propagandhim]

hope you didn't buy that dip, dude

[james]

hope you didn't buy that dip, dude

I bought the facebook dip it's not going well

[Propagandhim]

 

[james]

hope you didn't buy that dip, dude

It went up 700 points after your post

[Propagandhim]

 

[james]

It just wont stop

Dow rallies about 700 points, heads for its best day of 2022 as Wall Street weighs latest Russia-Ukraine developments

[who is ted danson?]

Be greedy when others are fearful.

[james]

https://twitter.com/PaulFormica5/status/1500611478483005440

[james]

S&P 500 drops after the worst sell-off since October 2020, Nasdaq falls deeper into bear market


Time to buy the dip?

[Nintex]

I dunno, I feel like we've not yet hit the bottom.

Russia will likely default by April and then all bets are off.

[james]

I agree we need a few airlines to collapse because they cant afford fuel

Also one of the web darlings need to implode. Doordash? Lyft? Their entire business is oil.

[james]

I dunno, I feel like we've not yet hit the bottom.

S&P 500 rebounds from worst session since October 2020, Dow up 400 points

[Propagandhim]

https://wolfstreet.com/2022/03/08/nickel-futures-spike-ridiculously-trading-halted-in-short-squeeze-on-chinese-tycoon-facing-billions-in-losses/

Now details emerged as to who got short-squeezed: Chinese tycoon Xiang Guangda, chairman and founder of the world’s largest nickel producer, closely-held Tsingshan Holding Group, according to Bloomberg. Xiang, forced by margin calls from his company’s broker in China, closed out part of the short position in nickel futures, and this is the result:

Xiang began building the short position late last year to hedge rising output, and because he thought the rally in nickel prices – they’d surged over 60% from mid-2020 to about $20,000 by late 2021 – would fade this year. Instead, the sanctions against Russia, a big nickel producer, caused prices to skyrocket further.

Xiang is now considering whether to exit the short position altogether, Blomberg’s sources said. To exit the short position, he would have to buy back nickel futures at these crazy prices.

pwned.

[BisMarckie]

I am allergic to nickel, so it getting more expensive is a win in my book. 

[team filler]

[Nintex]

https://twitter.com/phildstewart/status/1501321502469230593

 

JAMES?!

[BisMarckie]

BREAKING: James Fund to acquire exclusive mining rights in Siberia

[chronovore]

Shorting should be illegal.

[james]

The current oligarchs are billionaires because they got everything super cheap last collapse.

Want to be a future oligarch? Get ready to buy the dip

[chronovore]

FUTURE OLIGARCH was Cyberpunk 2077's worst side quest.

[james]

Does anyone know how taxes work? The James Fund is looking to engage with a tax expert.

You should be:

• Independent and ready to take the initiative
• A team player
• Masters degree or higher in taxes

Compensation will come in the form of James Fund dividend (after investment).

Slide into my dms with your resume and cover letter!

[Bebpo]

I got my yearly "your pension contribution is in your account and you can use it" letter. I never keep track of things.
I looked at my pension stock account and I totally forgot last year to invest it in anything and it just sat in cash all year  :'(

I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money. My investments and stuff are awful all around. I make all my money the old fashioned way from my work paychecks.

Like 3-4 years ago I invested my yearly pension amount into MS/Sony/Nintendo so I could have an actual money investment in the game industry which is a big part of my life. They've all done fine, Nintendo > MS > Sony in increases.

I think I'm just gonna put more into those three with my pension money from last year and this year. I could be smarter and invest in Tesla/Google or whatever that will make more money, but I just feel like I'd rather invest in things I know and have some faith in (faith that the game industry isn't going anywhere and Sony/Nintendo/MS aren't going to pull a Sega in the coming decades).

[Squirrel Killer]

I got my yearly "your pension contribution is in your account and you can use it" letter. I never keep track of things.
I looked at my pension stock account and I totally forgot last year to invest it in anything and it just sat in cash all year  :'(

I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money. My investments and stuff are awful all around. I make all my money the old fashioned way from my work paychecks.

Like 3-4 years ago I invested my yearly pension amount into MS/Sony/Nintendo so I could have an actual money investment in the game industry which is a big part of my life. They've all done fine, Nintendo > MS > Sony in increases.

I think I'm just gonna put more into those three with my pension money from last year and this year. I could be smarter and invest in Tesla/Google or whatever that will make more money, but I just feel like I'd rather invest in things I know and have some faith in (faith that the game industry isn't going anywhere and Sony/Nintendo/MS aren't going to pull a Sega in the coming decades).

JFC, I hope this is a bad April Fool's joke I'm just not getting.

[team filler]

.

[Bebpo]

I got my yearly "your pension contribution is in your account and you can use it" letter. I never keep track of things.
I looked at my pension stock account and I totally forgot last year to invest it in anything and it just sat in cash all year  :'(

I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money. My investments and stuff are awful all around. I make all my money the old fashioned way from my work paychecks.

Like 3-4 years ago I invested my yearly pension amount into MS/Sony/Nintendo so I could have an actual money investment in the game industry which is a big part of my life. They've all done fine, Nintendo > MS > Sony in increases.

I think I'm just gonna put more into those three with my pension money from last year and this year. I could be smarter and invest in Tesla/Google or whatever that will make more money, but I just feel like I'd rather invest in things I know and have some faith in (faith that the game industry isn't going anywhere and Sony/Nintendo/MS aren't going to pull a Sega in the coming decades).

JFC, I hope this is a bad April Fool's joke I'm just not getting.

I mean I said I'm am bad at investing. That sorta explains why what I am doing is bad at investing.

But, that being said in terms of gains, my Nintendo/Sony/MS stocks for the last 4-5 years have beat the "safe" Index fund where the other half my pension is in. The gaming trio is making my pension good money, just not filthy rich Tesla/Crypto 100-1000% kind of returns money. It could be worse. I could not be making money or even losing money. My Index fund gains over the last decade have been like a 25% increase from when I started. Whereas The game trio are 35-75% gains.

A stable 35-75% gain is something I can live with. And like I said, I like putting my money where my mouth is. I believe in videogames and their lasting value and I like having a financial investment in the game industry. I skipped Crypto investing for all these years because I morally don't like it. Could be retired by now maybe if I didn't feel that way, but I do /shrug

Plus I feel there's a good chance I'll be dead before I retire or get to take any of my pension out so this is all pretty vaporware money to me.

[team filler]

.

[who is ted danson?]

[Bebpo]

Also maybe to put things into perspective, I'm not talking about a lot of money haha. I know most smart people have a large part of their savings in their pension, but because I've always been pessimistic about surviving to the point of touching that money I've only put the bare minimum in to have something in pension for retirement someday. Again, I'm not good at this. The last time I looked at how the stock market was doing was probably 15-20 years ago. I have enough stress in my life, I don't need to be checking the stock market daily and thinking about investments.

I put about 5% of my gross yearly salary into my pension each year. So it would take like 10-20 years of doing this just to have 1 years worth of salary for me in my pension. I currently at 40 have enough in my pension to live on for like 1-2 years maybe.

While it's terrible for investing and inflation, I've tended to keep most of my savings liquid because I'm always like "maybe I'll buy a house this year" or "maybe I'll get married with an expensive wedding next year" or "maybe I'll fall down some stairs and have a crapload of medical bills" so I like to keep a safety net liquid.

Though if I ever buy a fucking house in this bs market a lot of my savings will just end up tied up in equity in that.

[Crash Dummy]

why not do the boring thing that buffett recommends and just stick your money into a fund that tracks the s&p500, and never look at it until you retire or need cash for an emergency?

[Bebpo]

Yeah, that's the Index fund that about 50% of my pension money is in. I usually split it when I put money in, 1/2 to that and 1/2 to stuff I want to invest in.

[james]

I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money.

You dont need to be wealthy to invest with the James Fund! Just $100 gets you in the door and your money will be overseen by a highly experienced investing expert.

[Propagandhim]

I don't want to give life-changing financial advice, but read this article about the Magellan Fund and consider if it sits appropriately within your risk profile and trading activity:


 https://www.nasdaq.com/articles/is-fidelity-magellan-fund-fmagx-a-strong-mutual-fund-pick-right-now-2020-12-15

[Tasty]

How do you all do stonks?

I want a share of $WBD because I'm a weirdo.

[james]

How do you all do stonks?

I want a share of $WBD because I'm a weirdo.

Sign up for a service that lets you buy stocks with zero fees, which is most of them at this point.

The kids like Robinhood because you can do it on your phone and it looks good.

Im on Ally because the company I started with was bought by a company that was bought by Ally.

Charles Schwab is good because if you sign up for their checking account - which reimburses all ATM fees around the world - you get forced access to their stock platform.

[Bebpo]

I'm on Schwabb because that's where my company has our pension account.

It has a pretty good clean and easy to use interface. No complaints so far.

[Tasty]

Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.

I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.

[james]

Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.

I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.

You want this account:
Schwab Bank High Yield Investor Checking® account¹
https://www.schwab.com/checking


Unlimited ATM fee rebates worldwide²
When you open your High Yield Investor Checking account, you’ll be opening a brokerage account at the same time and receiving a separate account number for each. You can view both accounts online with a single login, pay no monthly fees, and easily transfer funds between accounts for free.

[chronovore]

Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.

I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.

Remember, RobinHood is the app that shut down trades for its users after the gamestop and related “short“ crowd fucked with Wall Street expectations and were about to cost rich people a bunch of fucking undeserved money. Completely within the rules up to this point, but RobinHood shut everything down on their own customers. They’re now facing a punitive lawsuit, but we saw whose boots they were licking.

[james]

Real talk, this is the best investment right now after you're James Fund

Based on the March inflation report, which concluded the six-month rate setting period for the U.S. Series I Savings Bond, the inflation-adjusted variable rate of the I Bond will rise from the current annualized 7.12% to 9.62% as of the May 1 reset.

This is for all I Bonds, no matter when you purchased them. All I Bonds will get six months of the 9.62% interest rate, but the starting month for the new rate will depend on the month the I Bond was originally issued.

The 7.12% variable rate was already a record high for the I Bond, which was first issued in September 1998. So the new rate of 9.62% will crash through that record high. Possibly, we may never see a rate this high again. Economists have speculated that the March inflation report will set the peak and now we will begin a gradual slide lower. But … who knows?

https://tipswatch.com/2022/04/12/i-bonds-new-variable-rate-will-rise-to-9-62-with-the-may-reset/


These are treasury bonds so zero risk. You need to hold them for a year. If you sell between one year and five years you give up 3 months of interest. You are limited to 10k a year

Also can work well with your taxes but I don't know the details

[who is ted danson?]

https://www.reddit.com/r/LeopardsAteMyFace/comments/u2ofiv/crypto_fans_begin_to_understand_the_value_of_a/

 

[Tasty]

Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.

I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.

You want this account:
Schwab Bank High Yield Investor Checking® account¹
https://www.schwab.com/checking


Unlimited ATM fee rebates worldwide²
When you open your High Yield Investor Checking account, you’ll be opening a brokerage account at the same time and receiving a separate account number for each. You can view both accounts online with a single login, pay no monthly fees, and easily transfer funds between accounts for free.

Have a referral code you want me to use?

If this works out I'm going all-in on the James Fund.

[Tasty]

Referral code? bebps? james?

[james]

Referral code? bebps? james?

Looks like the referral doesnt work for the account type I am recommending

https://www.schwab.com/refer-a-friend

[james]

https://twitter.com/jkass99/status/1516491976593469440

[Tasty]

https://twitter.com/yfinanceplus/status/1517575334710890497

https://twitter.com/maggcapital/status/1517219608649949186

$WBD quarterly results are Tuesday but since it only includes Q1, financials will be purely Discovery-related. That said, we'll likely get a lot of info from the investor call and Q&A.

[Tasty]

$WBD financials today.

https://www.barrons.com/articles/att-spinoff-wbd-stock-price-attractive-51650042510

Good article from Barron's I missed last week.

Deutsche Bank analyst Bryan Kraft called WBD his “top pick in media” in a report this past week. He has a Buy rating and a $48 price target on the stock, upside of almost 90% from current levels.

...

If WBD can hit those targets, the stock is inexpensive today, at less than seven times enterprise value to 2023 Ebitda. That compares with 11 times 2023 EV/Ebitda for Paramount Global (PARA), 16 times for Walt Disney (DIS), and 19 times for Netflix.

[Tasty]

Official PDF:

https://s27.q4cdn.com/187472364/files/doc_financials/2022/q1/Warner-Bros.-Discovery,-Inc.-Q1-2022-Earnings-Release.pdf

Some reporting:

https://www.cnbc.com/2022/04/26/warner-bros-discovery-wbd-q1-2022-earnings-.html

https://techcrunch.com/2022/04/26/warner-bros-discovery-revenue-increases-in-q1-2022-despite-decline-in-linear-subscribers/

https://variety.com/2022/tv/news/warner-bros-discovery-q1-profit-streaming-warnermedia-1235240858/

The more it falls the more I'm tempted to buy.