I wanna make $100k selling charcuterie boxes. How does this work? damnit I meant to buy into those after we all saw chamath’s cnbc interviews but got busy and forgot
Legitimately, I would be in on this. I have no doubt that concept will kill it throughout Covid at a minimum. And it's a great last minute gift or thing to bring to a gathering of any kind.
I'm in for $5k but my primary mission is to run our competition (baseballman's sister) out of business.
I'm in for 10% for a $100,000 loan at 2% interest and I want $2 from every box until I get my money back and then $0.50 on each box after that in perpetuity
I have ~11,240 as a pretty strong resistance level on the Nasdaq, and the intraday chart is forming an ascending triangle at that level. If the price breaks above it, I'm going long on TQQQ for a day, possibly swing, trade.
Just pulled another 25% out of it but had to sweat that one. Market gave a gift with a decent intraday drop back below support, so I bought in at $164.50 and then it kept dropping under $164. Finally dug itself back out and looks to be primed for a run if the market stays up. BA almost always pumps out of the gate, even if just for 10-15 minutes. So the key is to watch pre-market action right before the open. I'm talking like 1-2 minutes before open. If you see the price start diving down and it's near a support or other level, you will have an opportunity to buy at a cheap bid. You have to lowball it as the entries and exits are key (as they are in every trade). The opening minute volatility can swing the price a decent amount and after you hit your bid, you need to decide if the market conditions are good for holding or if you want a quick scalp. Lately I have been hitting and running. On a day like today where it's possible for a large down-move to fill gap, I want to be out fast. So I started my sell with a very optimistic high-side offer and the stock ran up so fast that it hit immediately. Usually I will adjust it down to try to get out with a good 20-30% profit. Oh and the other important thing: if you miss your bid like I did yesterday, do NOT chase it up. You can chase a sell down to get out if you don't feel comfortable, but never chase a buy up. That's how you get stuck in bad situations. Opportunities are there ALL the time in the market so you don't have to chase. Every now and then I fuck up and make that mistake and have to relearn the lesson.
Got it, sounds like a good way to focus on one name and make a nice profit every few days. I learned my lesson the hard way with options to never chase it up when buying.
Yeah, I don't like to hold them overnight. I wait for a set up on the chart, put in a stop loss and get in and out with a predetermined price target. I just bought SQQQ, expecting a small pulllback, but will sell and buy TQQQ if there's breakout.
Yep, it is very key to focus on one or two names and not blindly enter plays you see on Twitter or reddit. You will feel much more comfortable finding good buy/sell targets.
No shipping at all, solely local dropoff and scheduled deliveries. But yes, basically just go to local grocery stores, make a fancy Instagram worthy spread in a box and boom, $45 please, or up to $200 for giant platters.
Speaking of insider trading, what company was that tip on a week or so ago? I can’t find it. Want to daydream about if I should’ve bought calls or puts on it.
Do they have employees? Even if the $150k is revenue not profit, that seems like it would take a lot of time for a side hustle.
Not yet, but that’s the next step. She’s basically at max capacity right now and even limiting orders. She wants to wait and see how much of it is sustainable vs COVID shut down related. California has had big lockdowns on restaurants and bars obviously so a business like that taking off makes sense, but with so many postcard picnic spots and perfect weather 90% of the time, I’m guessing she’ll have continued interest even if/when things get back to normal.
PSTH is the first covered call I have ever hit on and been sad it got called away. Only made a little over $100 and now I can't buy options
48M SPY volume. That is a much lower retail hours number than yesterday and continues the large trend down in volume. Was expecting today's action to happen tomorrow as the max pain is around 340 again. So I will expect 340 to be the balance point tomorrow during trade. Any deviation from it should be a sign of things to come. I am still expecting a sell Thursday and Friday. DXY hanging around, about a 60/40 up/down ratio in the S&P 100 (down from about 75/25 earlier), VVIX was up and slightly divergent from VIX near end of the trading day. All previous posts from the past two weeks still relevant.
Snowflake just refiled to increase their initial price tomorrow. Probably gonna be over $100 to start.
Buffett is planning to YOLO his last few years on earth. Respect Would love for him to be the next gamma whale. Charlie Munger definitely fucks
Is that how long the lock-up period is? I typically see it being closer to 180 days. I'm don't know if incentive equity is enough to bring the price down. I'd ask one of the investment bankers in this thread.
If that was actually a thing everyone would print money off of it. We aren’t smarter than the market, computers or the folks who eat/sleep/breathe this world.
To rebalance to satisfy target allocations, do the funds actually wait until the last day of the quarter to do it, or are they constantly shuffling assets throughout the quarter?
One of my friends jumped ship from NOW to SNOW like 1.5 months ago and got 15,000 shares that vest in a year. He is very excited this morning
If I was your friend, I'd be liquidating that position as soon as the lockup period ends. Half the proceeds would go into a well-balanced portfolio; the other half would go up my nose on a binder that would make Artie Lang blush.
Unreal. Will be interesting to see what happens with them in Dec with the amount of shares available could possibly double.