**OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

[Carbonfibre]

Oh fuk! You guys seeing DDD?

looks like bs to me.

like MVIS


look at the headline


https://finance.yahoo.com/news/ddd-a...184300850.html

The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of 3D Systems Corporation (NYSE: DDD) alleging that the Company violated federal securities laws.


The filed complaint alleges that 3D Systems Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) 3D Systems lacked proper internal controls over financial reporting; and (2) as a result, 3D Systems' public statements were materially false and/or misleading at all relevant times.

[Carbonfibre]

PLTR is getting lot of press today.

tmmrw there will be analyst upgrades/downgrades etc.


edit: Goldman put price target to $30 for PLTR they had $34 before still holding buy rating.


..........

amount of option volume on XOM today was abnormal

Cathie said oil will never be over $70 agian lol.


XOM

16 June 21 / Jan 2022

all calls deep itm.

[roughinhouse]

My mind is blown. My friend put in 10k USD in a altcoin 2 years ago and he is now sitting on 2 million USD in unrealized gains. How is that even possible? Guy is set for life and does not have to work a single day

my friend threw $200 into the **** coin shib and is up over 200k lmao. Crypto is insane.

[chino3]

Who's trynna retire in their mid-30s to go walk around the world? Forrest Gump maybe

As a travelcel, I would 100% be on board with this. Throw in the option of being able to train jiu jitsu while I'm travelling, and you're about to make me coom! That would legit be my dream.

[lntense]

Only chance of that happening is through hefty CSP's, or a complete meltdown of the stock.

Touched $580 yesterday, but yeah it's highly unlikely.



People temporarily euphoric today though lol

[Abzu]

What is the misc feeling about tomorrow?

Soft, juicy green taco or a red, rock hard, fried burrito?

I'm going for the red rock hard burrito lol but if not, I still expect a negative week.

[Carbonfibre]

CPI numbers come out tmmrw


could be choppy again

[BulkingIsHard]

Relapsed into SPY calls hold my anus

[Elias373]

PLTR is up BIGLY... just as I predicted.

[smashedurgfx10]

@lefticle

just fyi re. CPNG

you do know that stock goes down every day right? its been down literally 11 days in a row, usually at least 2%

hope for both our sakes your buy in bucks the trend. it also has results tomorrow which im sure you knew

guess we're gonna get rich or get poor together

PLTR is up BIGLY... just as I predicted.

it was also down 10% premarket lol

how do you explain that

also, i'd me more impressed if it keeps these gains until friday. something tells me its gonna get erased tomorrow

[camaleom]

well boyos this was our green day of the week - prepare your angus for tomorrow big red dildos lol

[Duckliver]

PLTR is up BIGLY... just as I predicted.

This would be like me being happy Im up over 10k from my lowest point today on gme, while ignoring the fact I’m still down 20k.

[smashedurgfx10]

well boyos this was our green day of the week - prepare your angus for tomorrow big red dildos lol

only pltr (of all things) was green. the rest red

expecting it all to go back down tomorrow with fed speech, despite all of this surely being priced in regardless - it'll still drop more

This would be like me being happy Im up over 10k from my lowest point today on gme, while ignoring the fact I’m still down 20k.

ethered

[Lefticle]

@lefticle

just fyi re. CPNG

you do know that stock goes down every day right? its been down literally 11 days in a row, usually at least 2%

hope for both our sakes your buy in bucks the trend. it also has results tomorrow which im sure you knew

guess we're gonna get rich or get poor together





it was also down 10% premarket lol

how do you explain that

also, i'd me more impressed if it keeps these gains until friday. something tells me its gonna get erased tomorrow

Yes. More than aware. Bought 148 shares lol

[smashedurgfx10]

Yes. More than aware. Bought 148 shares lol

ive also got 150 shares. except i bought at 43 lol. it went to 50 once, and i didn't sell. since then it's just tanked perpetually

predictions for earnings?

[lntense]

CPI numbers come out tmmrw


could be choppy again

This.

[AdvancedDreamer]

Relapsed into SPY calls hold my anus

one of us.

[headturner1]

Relapsed into SPY calls hold my anus

We only sell otm spy CC around these parts son.

[Arem24]

Good day for Palantir.

Here's my current state of the union.

The earnings were exactly what we'd want to see if the central thesis is that this is one of the best sure thing 10x chances in the market today. It won't happen overnight, it's a long haul, but they're doing it.

Personal reflection: I got greedy, I never expected palantir to launch like it did when it scorched past $30 and was in the $40's. I considered pulling some out and putting in to WFC which had been one of my big convictions prior to palantir and didn't. Hindsight is 20/20, but this seems just too obvious. I think due to my conviction in the terminal value of the company and my belief the markets didn't understand the company at all when pricing it at $7, that I allowed confirmation bias and greed to throw my sensibilities off. Second error on demo day was related to the belief that it COULD skyrocket and that the risk/reward ratio was just too favorable to let it go, and I got greedy again.

So, what's my current position: I saw a LOT of people on stocktwits, etc., that were very bullish on Palantir, but adamant not to go in with calls or margin. Turns out these people were 100% fukking correct. I'd probably be at about the same point had I done the same thing, but I also got very lucky on those first palantir options and likely erased most of that with the demo day, etc. calls, especially if we don't close Friday above $20.50.

After Friday I'll unwind the modest leverage I do have, I have some 1/23 $22 calls that I'll hold onto, and then just sit on the shares I have without margin (and obviously in my IRA I can't use margin anyways). I'm funneling cash currently into other projects, but under $25 I'll likely continue to add to palantir here and there, but I'll probably generally be on the fence as far as directly adding more equity exposure in the next few months at least, unless something drastic happens. (Dream scenario would be general market crash of 35%+ in next two years, Palantir doubles+over same period, pump cash into broad market ETFs).

Stay safe boyos, and I do think there is a chance that the media picks up on this, reddit gets excited, etc., and we see some cool moves upward to end the week, fingers crossed. Could just as easily have a massive pullback or slowly bleed lower this week. Doesn't matter too much to my portfolio, although I won't complain if the $20.50 and $22.00 5/14 calls hit... Written them off as dead money for now.

[Lefticle]

ive also got 150 shares. except i bought at 43 lol. it went to 50 once, and i didn't sell. since then it's just tanked perpetually

predictions for earnings?

Doesn't matter. Market made it clear that earnings are irrelevant lol




Also, holy chit @ UPST. Made 22% today.

[smashedurgfx10]

Doesn't matter. Market made it clear that earnings are irrelevant lol




Also, holy chit @ UPST. Made 22% today.

22% after hours

jesus. hopefully cpng will do the same

[Lefticle]

22% after hours

jesus. hopefully cpng will do the same

CLPT looking joocy too

[smashedurgfx10]

CLPT looking joocy too

must be a meme stock rally on the back of pltr

im fine with that.

[MillerDecaXC]

Anyone else getting destroyed in a few stocks but somehow not down much? Am I a boomer? or just decently diversified? big positions in gold, energy and a few boomer stocks keeping me afloat.

I have pretty big positions in RKT, BABA, AYX (trades like PLTR) and BGS (all at least $6000) and a smaller position in PLUG that are all way down, yet my account is only down 1.8% from my its ATH, and before this week, ive been making ATHs almost every few days.

I keep averaging down in RKT, BABA, AYX and PLUG. Im Almost out of cash.

Balls of steel or am I just an idiot?

[smashedurgfx10]

Anyone else getting destroyed in a few stocks but somehow not down much? Am I a boomer? or just decently diversified? big positions in gold, energy and a few boomer stocks keeping me afloat.

I have pretty big positions in RKT, BABA, AYX (trades like PLTR) and BGS (all at least $6000) and a smaller position in PLUG that are all way down, yet my account is only down 1.8% from my its ATH, and before this week, ive been making ATHs almost every few days.

I keep averaging down in RKT, BABA, AYX and PLUG. Im Almost out of cash.

Balls of steel or am I just an idiot?

if you have the cash you may as well average down. its only helping you

despite having the cash, my problem is i have way too much exposure to speculative stocks like pltr, cpng, and abnb. i bought too much in one go. if i ever get out of this alive its my main lesson

so as much as i want to average down, its too risky.

[MillerDecaXC]

if you have the cash you may as well average down. its only helping you

despite having the cash, my problem is i have way too much exposure to speculative stocks like pltr, cpng, and abnb. i bought too much in one go. if i ever get out of this alive its my main lesson

so as much as i want to average down, its too risky.

IMO you should average down some but not DOUBLE down... (Pick a price target, maybe a good resistance level, and stick to that #, take your emotions out of it and wait for that number.) For me, if that price hits, this makes me feel better when it goes back up, I feel like i took advantage, but then if it goes down more, I dont feel as bad cause I didnt dump a ton of $ in it.

[HMFIC_BROWSIN]

Also, holy chit @ UPST. Made 22% today.

Thank fuk lmao.

portfolio finally get some happiness injected into it.

[SouthDakotaBrah]

If you can't make 1.3m make you more than enough money to live a comfortable life, you might be a legit potato.

I agree with this (srs)

If you had a net worth of $1-2M, you could always just get some stress-free job that pays $50k and still compound your net worth and never have to worry about money and still retire early. Especially if you just had some easy job working at a city government or something so you had a pension too (srs)

You can make life really easy if you have seven figures I think... just due to the compound interest being earned, you don't really have to stress yourself out everyday during your job anymore, that could make for a pretty good life depending on what you do with it. I'm personally feeling pretty burned out from my consulting gig after 5 years... I definitely wouldn't do this job if I had a couple mil to spare.

[Carbonfibre]

early indication April CPI will be 3.6 %

last month was 2.6 %

tmmrw gonna be fun.

TBT it is than

[smashedurgfx10]

early indication April CPI will be 3.6 %

last month was 2.6 %

tmmrw gonna be fun.

TBT it is than

obviously it was gonna be higher, but isn't that the whole reason the market is tanking

shouldn't it be already priced in