Hey Nerds: Blockchain

[axlsalinger]

 

[Preston]

Why is Thumb's $2 more interesting than Kong's $2?

Are we doing dollars instead of percentages now?

 

[CH1]

Why is Thumb's $2 more interesting than Kong's $2?

because it's $3.50

 

[CH1]

BB down 37%...glad I got out most yesterday.

will buy lower if/when it gets there

 

[LeafOfFaith]

Tell me when, as I might join you this time. Just for shits and giggles, but more for the giggles truthfully.

 

[LeafOfFaith]

Are we doing dollars instead of percentages now?

You didn't get the memo?

Also, don't question me ever again.

 

[Preston]

I should sell some kong. May get greedy and wait to see if 60 bones is tested. Would be up 50% by that point. Not a bad time to trim.

 

[LeafOfFaith]

Stop with the trims. Grow it out.

 

[CH1]

Tell me when, as I might join you this time. Just for shits and giggles, but more for the giggles truthfully.

will do...right now the shares I own have a less than zero cost basis thanks to the WSB gang

 

[LeafOfFaith]

because it's $3.50

Apparently so was Kong a second ago.

 

[LeafOfFaith]

will do...right now the shares I own have a less than zero cost basis thanks to the WSB gang

What does that mean?

 

[CH1]

don't worry LOF; I have diamond hands when it comes to DKNG

 

[Preston]

Stop with the trims. Grow it out.

I'm a trimmer not a winner.



Plus it's expensive right now. I'm going to stick to plays with better value to be more aggressive on like drugs. And maybe just maybe I'll get to rebuy lower!

Hoarding cash >>>

 

[LeafOfFaith]

You might be hoarding cash just to end up buying everything way more expensive than you could've.

 

[LeafOfFaith]

don't worry LOF; I have diamond hands when it comes to DKNG

Imagine these poor Redditers with diamond hands trying to jerk off.

Hardest substance on earth, people. Good for holding only certain things. Caution.

 

[Preston]

You might be hoarding cash just to end up buying everything way more expensive than you could've.

In that case I make tremendous amounts of money on everything I hold. Less stressful that way. But you bet you're ass we're going to get a market pullback at some point. I said it many times... My bread is made on those pullbacks. December 2018 and March 2020 changed a life folks. Protect gains, hoard cash as a hedge. Market dumps --> profit.

 

[worm]

https://twitter.com/justinkan/status/1354861746897346560

 

[MindzEye]

Lots of folks out there trying to #cancel shorting which is an essential part of any healthy market. Those folks are missing the point IMO.

Shorting should absolutely be allowed, but there's a bunch of stuff that should be implemented to protect longs from it. If you're long a stock, your brokerage being allowed to lend your...your shares at a premium as a bet against your position should be opt in, not opt out (unless if bought on margin, yeah) and I should be getting paid the fee, not my brokerage. They're my shares.

 

[CH1]

What does that mean?

My BB position was always going to be a small one; long term hold that I didn't need to babysit. maybe hits $50 in 3 yrs.

So, I only bot 300 shares in Dec-- cost me $2250 total. Yesterday I sold 200 shares for $4300.

so, can't lose, even if BB goes to zero.

 

[LeafOfFaith]

In that case I make tremendous amounts of money on everything I hold. Less stressful that way. But you bet you're ass we're going to get a market pullback at some point. I said it many times... My bread is made on those pullbacks. December 2018 and March 2020 changed a life folks. Protect gains, hoard cash as a hedge. Market dumps --> profit.

If you're still holding stuff then what does hoarding cash even mean? What percentage is cash?