Official Short-term Investments Thread

[max_boost]

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Yeah I decide what to order based on what the current offers are on the app. Same with A&W, whatever is being offered at awcoupon.ca.

100% this haha Always buy what's on sale

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I don't know how these Short Artists are allowed to operate. One day they'll be headed to white collar jail.

Billions. So good and I don't even understand half the shit going on lol

[mr2mike]

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At what point will people seriously start shorting Berkshire Hathaway? How long will Warren Buffett live? You can "sure thing" expect it will take a huge dump upon the date of his passing.

The A shares you can buy one. Lol yeah I bet a pull back but you're hoping for a death which could be years away.

[ExtraSlow]

BH has been working on succession planning for over a decade. It'll be NBD.

[ThePenIsMightier]

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The A shares you can buy one. Lol yeah I bet a pull back but you're hoping for a death which could be years away.

He is 89. Could be tomorrow but it's virtually assured to be less than 10 years away and it's going to be an historic event in the financial community.
There's got to be large groups of people who believe it'll drop 10+% in a day.
What if they suddenly announced he had cancer? CoVid from eating at buffets? Butt-AIDS?

[ercchry]

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He is 89. Could be tomorrow but it's virtually assured to be less than 10 years away and it's going to be an historic event in the financial community.
There's got to be large groups of people who believe it'll drop 10+% in a day.
What if they suddenly announced he had cancer? CoVid from earring at buffets? Butt-AIDS?

At what age does one shift from brains of the operation to figurehead? He’s a mild stroke away from shifting from T-bills to WAFFLES! TASTY WAFFLES!!!!

[ercchry]

So fed tomorrow... Powell always seems to say something the markets hate. What’s everyone’s thoughts on this month? DOW was down, FAANGs were up... where do we go? Did I cash out early? Best move ever? Time will tell

[rx7boi]

@max_boost

Boiiiiii skirting right above the 10k mark on the NASDAQ.

Beyond group trip to Vegas for boobies?

[ercchry]

That was weird... everything starting shooting up, I really regretted selling my contracts yesterday... now down she comes, have some puts... see if I can make up the difference as AAPL is really due for a bit of a correction

[max_boost]

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@max_boost

Boiiiiii skirting right above the 10k mark on the NASDAQ.

Beyond group trip to Vegas for boobies?

Yesss but if it can drop to 8888 $71-XQQ so I can get back in plz lol that's about when I sold my last batch

p.s. we don't need Vegas, we can support local. @flipstah you in homie? lol

[flipstah]

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Yesss but if it can drop to 8888 $71-XQQ so I can get back in plz lol that's about when I sold my last batch

p.s. we don't need Vegas, we can support local. @flipstah you in homie? lol

Can we even get loonies during a pandemic?

[troyl]

Anyone watching CFW? Do they make it?

58MM Shares traded so far this week > 100% of the free float. 64% of equity held by Matthison, Wilks, Aimco, FGP. 2026 paper last traded at 5.5 cents on the dollar, maybe that tells everything. Miracle bid by Wilks to take private or will they just pick up the pieces.

[ExtraSlow]

Cfw and other pumpers are interesting. If you beliece that market recovers to 80% or more of previous levels, they are a good buy. If you beliece that the frac fleet was wildly over built, and we'll never pass 50% of previous activity, then they are are going to zero.
Add in the electric fleets from evolution and others, and it's a bet I sure wouldnt make.

But that whole view is about long term viability, not short term swings. Someone will make money on all the gyrations no matter what.

[vengie]

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Cfw and other pumpers are interesting. If you beliece that market recovers to 80% or more of previous levels, they are a good buy. If you beliece that the frac fleet was wildly over built, and we'll never pass 50% of previous activity, then they are are going to zero.
Add in the electric fleets from evolution and others, and it's a bet I sure wouldnt make.

But that whole view is about long term viability, not short term swings. Someone will make money on all the gyrations no matter what.

Look at CFW's balance sheet. I doubt they survive.

[The_Rural_Juror]

At LossPorn R Us today. Only down 38k overnight!!!


#fakepecsandnews

[Disoblige]

So many young folks trading options (even those under 25 I know personally) and not knowing wtf they are doing.

Can see more of this happening:
https://www.forbes.com/sites/sergeik.../#5cdca1a55928

Be smart people.

[ercchry]

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So many young folks trading options (even those under 25 I know personally) and not knowing wtf they are doing.

Can see more of this happening:
https://www.forbes.com/sites/sergeik.../#5cdca1a55928

Be smart people.

Wtf is going on here? You’re not required to exercise options, no one is giving you margin without collateral... this makes no sense. But fuck yeah Robin Hood! They’re really helping with this Covid rallies and I’m loving it... here is to mad volatility tomorrow!

Oh, triple witching week too, gonna be good

[msommers]

I get that investing is in a sense 'a gamble' but it sounds like some of those guys would have better odds at the roulette table if they're looking for an adrenal high. I see it on other forums and people expecting wild 20%+ swings everyday to make ez-monies. My bet is they can't hold a position for a week let alone months.

If you can't lose it, shouldn't take the bet! And I'm a noob investor.

[max_boost]

I’ve made a lot of trading mistakes through the years and I can see how shit gets out of hand fast. Sucks to go that way but this is the major leagues, don’t risk what you can’t lose.

[ganesh]

Any one putting money into APT.
Looks like they are on track to deliver good results in August.

[ercchry]

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So many young folks trading options (even those under 25 I know personally) and not knowing wtf they are doing.

Can see more of this happening:
https://www.forbes.com/sites/sergeik.../#5cdca1a55928

Be smart people.

So more info came out on this:

He had written contracts, aka sold them. This is some lvl 3 options shit, this requires margin. Robin Hood actually gives margin by default, BUT they also do a couple things to save people from themselves... no 0DTE buying, and if you write contracts you must also buy the opposite contract (ie put vs call) you cannot exit the written contracts till you sell the covered buy... so no naked sells... naked sell on margin is when you can get a deep fucking. What happened here is the auto exercise (again, to save people from themselves) went through on the sell before the buy. What was actually owed was nothing near that amount.

Robin Hood since this has said they will restrict people from higher levels till proof of education, which is good

This also probably doesn’t effect many people in Canada as most will be using a registered account, which is cash, which means lvl 2 max... which also means no iron condors, which means no way to beat those damn broomsticks on witching weeks... I’m fine though! It hurt a little, but at least by Friday half my strangle broken even after taking a pounding on decay Wednesday/Thursday due to that flat fuckening