**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

[stockbruh]

Pltr looking to 🚀 after earnings may 6th, picked up 200 shares of sofi this week hoping to dump if it goes to 9-10$ after earnings Monday

[Destor]

Because eventually anybody needs to sell and get their money back. You don’t want to be rich and die trying.

Not being relentlessly bullish/euphoric helps you realize gains when it’s appropriate

Seen so many people ride huge gains up and then all the way back down

[Elias373]

Pltr looking to ������ after earnings may 6th, picked up 200 shares of sofi this week hoping to dump if it goes to 9-10$ after earnings Monday

NVDA run will look like a mole hill when PLTR gets going

[Destor]

Has anything ever gone up as much as NVDA?

If you bought $10k of NVDA in early 1999 and just sat on it, you’d have $19million today

[Harry362]

Has anything ever gone up as much as NVDA?

If you bought $10k of NVDA in early 1999 and just sat on it, you’d have $19million today

Truth social

[GeneralSerpant]

Pltr looking to ������ after earnings may 6th, picked up 200 shares of sofi this week hoping to dump if it goes to 9-10$ after earnings Monday

Would you trade some NVIDIA just for the earnings report just for now?

[GeneralSerpant]

NVDA run will look like a mole hill when PLTR gets going

Depends on if they get more commercial.

[stockbruh]

Would you trade some NVIDIA just for the earnings report just for now?

I’m too poor to afford Nvidia plus it’s already ran up a crazy amount why invest in a 900$ stock when you can get PLTR at 21$

[GeneralSerpant]

I’m too poor to afford Nvidia plus it’s already ran up a crazy amount why invest in a 900$ stock when you can get PLTR at 21$

Nvda’s still cheap as far as business forecast goes relative to price, while pltr’s has the forecast but not any of the revenue performance yet AND has a price that’s ahead of the earnings.

Don’t get me wrong though.

Short term though, yeah fair point.

[stockbruh]

Nvda’s still cheap as far as business forecast goes relative to price, while pltr’s has the forecast but not any of the revenue performance yet AND has a price that’s ahead of the earnings.

Don’t get me wrong though.

Short term though, yeah fair point.

What do you think Nvidia will go to

[kusok]

Has anything ever gone up as much as NVDA?

If you bought $10k of NVDA in early 1999 and just sat on it, you’d have $19million today

Tesla was $17 and went to thousands of dollars per share. And of course bitcoin makes any other investment look like a joke.

[kusok]

Because eventually anybody needs to sell and get their money back. You don’t want to be rich and die trying.

???

You don’t sell, you borrow against your portfolio. Why pay tax?

[kusok]

What do you think Nvidia will go to

He doesn’t know. Nobody does. It’s a great business, but at current price there are faster horses. Unless you think NVDA can grow at 50% per year every year. This is not possible. You wait and buy it when it’s cheap again. It will be cheap again. One day. Maybe.

[MinisterOfLust]

Good day today
Almost everything was green for me

[GeneralSerpant]

What do you think Nvidia will go to

Just over a thousand heading into summer.

[friesbruh]

What do you think Nvidia will go to

wondering this as well. market cap of $2.2T & at $879 a share.

makes me wonder what is the theoretical limit to a market cap if there is one if $2.19T isnt it.

[SipNPiz]

yay the forum is back, missed you guys...

While the forum was down I closed out my GLD call, +3,500% gains, incredible, wish i put in more than ~$30 but it pays for a nice weekend getaway. one of my best trades ever!

[stockbruh]

He doesn’t know. Nobody does. It’s a great business, but at current price there are faster horses. Unless you think NVDA can grow at 50% per year every year. This is not possible. You wait and buy it when it’s cheap again. It will be cheap again. One day. Maybe.

That’s why I said “think”. Everything else I agree with tho

[usersignup2]

I’m too poor to afford Nvidia plus it’s already ran up a crazy amount why invest in a 900$ stock when you can get PLTR at 21$

stock price on it's own has very little meaning. $900 vs $21 does not determine value nor cheap vs. expensive

how far it's run up also has very little meaning, as does how far it's been beaten down. to say that it does assumes you know where the top or bottom is. you can predict where support and resistance is but you have no way to know what lies after that. it's somewhat meaningful for a trade but not as primary factors for investing.

while we're at it, high risk also does not mean high reward

[GeneralSerpant]

while we're at it, high risk also does not mean high reward

The one I think about is the business that makes a lot of profit but doesn't have any following. I'm mainly curious if this has really happened before.

And yeah the price moves accordingly with just how many people are willing to participate, not what's inside the bag really.

I bought some super micro with some nvidia because it was $100 cheaper and now it’s nearly the same price. That’s my first successful buy since just buying NVIDIA as an entertainly reliable grab.

[RobParks2M]

yay the forum is back, missed you guys...

While the forum was down I closed out my GLD call, +3,500% gains, incredible, wish i put in more than ~$30 but it pays for a nice weekend getaway. one of my best trades ever!

Nicely done!

As I have been preaching before the site went down I'm scaling into TLT. I started VERY small at $90 like 5 shares and now have a couple hundred at an average like $88.5 or so having bought most of my position this past week. I think I'll buy another 100 or so if it hits $85 and I'll shift almost entirely at $83 if it looks like we get there. It is mind blowing to me we know with almost 100% certainty they'll be forced to cut rates by 2025, but there is easily 7-8% gain on the table for bond value on top of the 5% they are going to yield yearly. Not to mention I'll likely be purchasing shares buy selling a cash secured put at $85 and again if that hits I'll do $83 as well. On the other side I should start selling CCs on my shares, but it seems like yields could fall off at any time so I'm unwilling to risk my shares.

Still holding a truckload of FNMA/FMCC I haven't started selling yet. Gov appealed the trial damages which looks to be playing out till mid July at which point a judge will render a decision. Unsure if that would mean no further appeals can be made or if that will mean damages can finally be distributed. Either way all shares are accumulating interest at around 5% which isn't too bad. I don't think the appeal has a leg to stand on seeing as the verdict was 8-0 and the sitting judge is very seasoned and didn't allow any evidence or motions that were in the slightest bit sketchy.

Holding 2,000 shares Sofi still and quite a few $7 CSP for june so hoping to god for good earnings. Seems most banks are doing terrific as long as they don't have bad loans AND weakening deposits. Sofi's deposit base I would guess is still growing and although they offer high yield they are still raking at a minimum 0.75% on entire deposit base if they simply invest deposits into SGOV... but they are terrific at sourcing loans to young professionals with student loans so I'm presuming refi on student loans and personal loans are yielding significantly more. Galileo probably still growing well too. Hoping to see decent profits this Q still.

Payo still holding 1800 shares + $5 CSP for may. Tempted to dump shares and swap to warrants that are sitting at $0.25 to free up capital for other things. I really think they'll be sitting above $10/share by next year and warrants are good till June 2026. I've got 3,000 warrants at 45 cent average or so already. Warrants are "ITM" at $11.50. They've gotten hammered particularly in the last Q because they hadn't lengthened the duration yet, but if they started this quarter its gonna be a thing of beauty. Not to mention they'll update how many shares they bought back and since it's been Sub $5 I imagine it will have been quite a lot + EPS will be terrific. Also, it is an Israeli company so that might have been part of the drop in in the last 6 months.

Still holding roughly 500+ puts on NYCB ranging from $1.5-$2.5 May-July. They SHOULD be releasing earnings Monday, but they haven't managed to make an announcement on when earnings will be...likely because their earnings are trash and EVERYONE has them by the balls. They pushed their shareholder annual meeting back to mid June at which point everyone gets to vote to do a 3-1 reverse split + allow the giant dilution that the new investors pushed through for their measly $1 billion. I'd love it so much more if they would just go under before May 17th, but looking unlikely if they don't bother to report earnings soon. Definitely gonna need the trash earnings to cause another scare and trigger more outgoing deposits before receivership is on the table. They are offering 5.4% interest to try and get some deposits back which is funny because doing that is destroying their interest income, but staves off receivership. Most May puts I've paid around $4-5 each so not a whole lot lost $ wise if it doesn't happen, but would love to see shares drop to $1.5-2 before May 17th for a nice roughly 5-10x gain.

Oil seems to be taking a breather. Nothing too exciting there.

LAST mention: DJT

I managed to make a few $1,000 buying/selling puts and ended up returning some gains with 1 DTE puts on the 4/17 monthlies. I'm getting ready to start buying lots of deep OTM weeklies in anticipation of their S-1 EFFECT filing approval. My plan is to watch price action and scale into deep OTM weeklies starting each monday with very few and buying more through Wednesday in hopes of timing it properly but I'll buy small position incase it happens Monday morning before market open(currently got 1 $30p). They filed the S-1 4/15 so should be happening within a month or so if memory serves me well. I'm estimating this week or next it should occur. I can go into greater detail why it matters for anyone that cares. I am really surprised bulls managed to push it back up to over $40, but I don't think it will end well for them.

[stockbruh]

stock price on it's own has very little meaning. $900 vs $21 does not determine value nor cheap vs. expensive

how far it's run up also has very little meaning, as does how far it's been beaten down. to say that it does assumes you know where the top or bottom is. you can predict where support and resistance is but you have no way to know what lies after that. it's somewhat meaningful for a trade but not as primary factors for investing.

while we're at it, high risk also does not mean high reward

So if I only have 5000$ to invest and I put it into a 900$ stock, it goes up 100$ to 1000$, that makes me 550$. If I instead buy PLTR at 21$ and it runs up just 3$ I make 714$. I’m new to investing and my math skills are horrible but idk to me it makes more sense to grab PLTR if that math is correct, not to mention I could also sell covered calls on those shares I’d never be able to sell them on nvidia

[RobParks2M]

So if I only have 5000$ to invest and I put it into a 900$ stock, it goes up 100$ to 1000$, that makes me 550$. If I instead buy PLTR at 21$ and it runs up just 3$ I make 714$. I’m new to investing and my math skills are horrible but idk to me it makes more sense to grab PLTR if that math is correct, not to mention I could also sell covered calls on those shares I’d never be able to sell them on nvidia

Or you could buy FNMA for $1.50 and when it pops to $4 on Trump trade you'll net $8,333.33

Not srs




Semi-srs

[baroni01]

What do you guys suggest for the average Target Date Joe like me? Any moves so I don't go broke as far as 401 and roth contributions?

[RobParks2M]

What do you guys suggest for the average Target Date Joe like me? Any moves so I don't go broke as far as 401 and roth contributions?

Max 'em out fam.

Srs though we are in an unusual time where buying long dated bond funds actually makes sense and has the potential to appreciate dramatically. Read what I said above about TLT. At worst the fund drops down to around $83/share which is a 6% drop. Once rates start falling 10-20% gains could easily be achieved. The best part to me is the fact that if/when this happens there will be an equal and opposite drop in the equity market. Either that, or we will have achieved stagflation which would be pretty terrible as well. I guess with full disclosure there is a very small chance they are forced to do something dramatically to prevent stagflation at which point they could bump interest rates up to 6 or 6.5% to crash economy. Even so, once this has been successfully done they'll cut rates quickly. Unsure how far that would drop TLT. If rates went to 6% on 20 year for example I think that could drop TLT to roughly $73 or so which implies around 17% drop. If they do it I promise SPY drops more though.

[usersignup2]

So if I only have 5000$ to invest and I put it into a 900$ stock, it goes up 100$ to 1000$, that makes me 550$. If I instead buy PLTR at 21$ and it runs up just 3$ I make 714$. I’m new to investing and my math skills are horrible but idk to me it makes more sense to grab PLTR if that math is correct, not to mention I could also sell covered calls on those shares I’d never be able to sell them on nvidia

you're not making a fair and accurate comparison though.

If NVDA and PLTR each increase 10% in stock price, your gains will be equal.

you're correct that you could sell covered calls on PLTR with your 5k but not NVDA, but as a criteria on it's own for stock picking it could be a losing strategy in the long run. at the very minimum for investing you should consider:
why do you want to buy this stock?
When will you sell it?
what happens if it doesn't go as planned
- amongst a whole lot of other things.

but absolute price alone should be way way down on your list.
imagine you want to buy a car. what do you do? research. how do you know what a good price is? do you buy a car based on how much you can afford? maybe. what if you had 5k and someone showed you a 1972 Lada with 300,000 miles for $2000 and a 2020 Toyota Corolla for $5000. Is the Lada better because it's cheaper? You need to put the same effort into stock picking as you would other purchases. Imagine you went through your entire life throwing 2k here and there on junk cars every year, thinking "oh, it's only a few grand, I can afford it". Crazy right? People do that all the time with stocks.

[2020Wellness]

What do you guys suggest for the average Target Date Joe like me? Any moves so I don't go broke as far as 401 and roth contributions?

What funds will your 401 contributions be invested into? I’d look into their expense ratios.

Generally, at least contribute enough to get the full match.

Also, max out the Roth each year.

If you’re going into a self-managed taxable account after that, I recommend a simple 3-4 fund portfolio approach.

My personal four are VOO, VUG, VYM, and BND.

[stockbruh]

you're not making a fair and accurate comparison though.

If NVDA and PLTR each increase 10% in stock price, your gains will be equal.

you're correct that you could sell covered calls on PLTR with your 5k but not NVDA, but as a criteria on it's own for stock picking it could be a losing strategy in the long run. at the very minimum for investing you should consider:
why do you want to buy this stock?
When will you sell it?
what happens if it doesn't go as planned
- amongst a whole lot of other things.

but absolute price alone should be way way down on your list.
imagine you want to buy a car. what do you do? research. how do you know what a good price is? do you buy a car based on how much you can afford? maybe. what if you had 5k and someone showed you a 1972 Lada with 300,000 miles for $2000 and a 2020 Toyota Corolla for $5000. Is the Lada better because it's cheaper? You need to put the same effort into stock picking as you would other purchases. Imagine you went through your entire life throwing 2k here and there on junk cars every year, thinking "oh, it's only a few grand, I can afford it". Crazy right? People do that all the time with stocks.

Intresting, I will think about what you said, I appreciate the advice, always looking to learn more about investing

[GeneralSerpant]

Intresting, I will think about what you said, I appreciate the advice, always looking to learn more about investing

Palantir is just an interesting case. People are comparing them to Microsoft in its outset, but that's all potential and based on the budding status where the company's at. Applying that to short term it seems rather confident all things considered but subject to the same issue.

[friesbruh]

anyone think NVDA is gonna dip again? chit was just as $762 like 10 days ago n now is at $878.

itchin' to buy some more.