The Rokslide Stock Traders Thread

[Crowmangler]

Honestly I’m a dumb redneck. Explain please or point me to where I can learn why crypto is worth anything. Just seems like there is no real product or backing other than the money people pay for it.

Block chain technology is very promising for the future as well as artificial intelligence. There are many great projects and companies that are utilizing it to make businesses run more efficiently and provide opportunities to millions of underserved people across the globe. One of the best things about all this is that it is decentralized such that it can't be controlled & manipulated by corporations & governments to the degree things have been.

Ask yourself if you think it's a good thing that a few tech companies can control information & censor people, ideas & information. Is it a good thing that the Fed can print unlimited money with no end in sight? If you said no then block chain might appeal to you.

Remember 30 years ago when people were saying the same things about the internet? I wish I could have invested heavily back then but I didn't have 2 nickels to rub together. Crypto is just one part of a long term investment strategy for me. Hopefully it will pan out but maybe it won't.

There's tons of places to learn about crypto & how to invest. It is mind numbingly tedious but once you start it'll be easier to understand. Do your own research.

Don't buy something because the basement dwelling dorks on Reddit said to. If you're not comfortable with it & you don't understand it then don't risk your money. It's not for the faint of heart & be prepared for it to go up or down 50% in 12 hours.

One of the most appealing aspects of crypto is being able to "stake" your assets and earn passive rewards of 5-15% or even more. You can even convert your US dollars to stable coins & earn 10% interest. Or you can leave it in the bank & earn 1/16 of 1%.

There's some good YouTube guys that are informative like Digital Asset News & Coin Bureau. D.A.N. has a website that is geared toward teaching newbies the basics. Don't waste your time watching the "moon boys" or you'll want to puke.

Good luck!

 

[BBob]

FYI: EV metals, mining. Not surprised at this at all.

Exclusive: Biden looks abroad for electric vehicle metals, in blow to U.S. miners​

https://www.reuters.com/article/us-usa-biden-mining-exclusive-idUSKCN2D6157

Opinion | Biden’s Not-So-Clean Energy Transition

The International Energy Agency exposes the hidden environmental costs and infeasibility of going green.

www.wsj.com

 

[Broomd]

FYI: EV metals, mining. Not surprised at this at all.

Exclusive: Biden looks abroad for electric vehicle metals, in blow to U.S. miners​

https://www.reuters.com/article/us-usa-biden-mining-exclusive-idUSKCN2D6157

Opinion | Biden’s Not-So-Clean Energy Transition

The International Energy Agency exposes the hidden environmental costs and infeasibility of going green.

www.wsj.com

Nor am I. Creeps, Inc.

Whore with no backbone to stand up to bullsh t enviros...

 

[go_deep]

Added more BORR today at .91

 

[DLP]

I bought OKE, CCL, RCL,OKE, VIAC, and NIO when the pandemic started, pretty much holding them all except the NIO, let it go when it got over $50 per share. I purchased AMC awhile back, it should be interesting to see what it does in the next month or so, it has had 2 days of almost 20% gains. Hopefully I can time it and get out of it at the right time.

 

[go_deep]

Bought some more BORR premarket at .9046

 

[Broomd]

One of the huge problems with this market is volume. 80% of investors have the patience of a house fly and want to grab every few dollars of gain instead of real money....digi-coin fiascos, AMC, GME,...bs... etc.
The 'get it now' mentality makes getting buy volume very difficult.

I've left a lot of meat on the bone over the last year by wanting to actually invest, it's really unfortunate and frustrating for some of these companies (and us investors) that had high hopes of flourishing. Between hedges, shorts and day traders, they are pretty much screwed.

 

[BrokenArrow]

One of the huge problems with this market is volume. 80% of investors have the patience of a house fly and want to grab every few dollars of gain instead of real money....digi-coin fiascos, AMC, GME,...bs... etc.
The 'get it now' mentality makes getting buy volume very difficult.

I've left a lot of meat on the bone over the last year by wanting to actually invest, it's really unfortunate and frustrating for some of these companies (and us investors) that had high hopes of flourishing. Between hedges, shorts and day traders, they are pretty much screwed.

Agreed completely

 

[Conroy]

One of the huge problems with this market is volume. 80% of investors have the patience of a house fly and want to grab every few dollars of gain instead of real money....digi-coin fiascos, AMC, GME,...bs... etc.
The 'get it now' mentality makes getting buy volume very difficult.

I've left a lot of meat on the bone over the last year by wanting to actually invest, it's really unfortunate and frustrating for some of these companies (and us investors) that had high hopes of flourishing. Between hedges, shorts and day traders, they are pretty much screwed.

This is correct unfortunately. Early this year I pretty much sold all of my shorter term stocks that I was swinging. I kept my long term holds in my IRAs, because in the long run I feel they will be fine. I’ve started day trading options at the open and it’s been working great. There are such swings in TSLA and NVDA every day, that I can make enough in 45 minutes and be done.

 

[MuleyFever]

Whats going on with AXAS? I cant find anything to indicate why its up about 20%

 

[go_deep]

Whats going on with AXAS? I cant find anything to indicate why its up about 20%

Don't really know other than I bought it a couple weeks ago at $1.90, just sold some at $2.70 to get my initial investment back and holding the rest of my shares long.
There's been rumbles of restructuring, so maybe insiders good news is why its running up?
There's waayyy more volume today than I can ever remember.

 

[Broomd]

CDEV at $5.34...nice to see some climb.

 

[go_deep]

Anyone think there'll be a big sell off tomorrow leading up to the 3 day weekend?

 

[BBob]

Anyone think there'll be a big sell off tomorrow leading up to the 3 day weekend?

Not sure. I’m seeing mixed signals between the majors so it’s up in the air for me. They ran things up after close but not drastically. If things gap up too much in the morning that would be a sign of an imminent selloff but if it gaps a little or not at all I’m inclined to think they’ll run it more through the day and selloff next week. If they kill it later tonight or pre market then likely selloff but I’m thinking this will not happen. Need to watch futures tonight and am to get a bearing.

 

[NDGuy]

I'm more of a buy and hold for retirement sort of guy. Been moving over to ETFs, but still have some individual stocks. Most of you guys buying individual stock, are you guys buying and holding long term for retirement (10-30+years) in mind, or trading in mind, with a price you're aiming to sell at?

I'm done fin around with the meme stocks. Moving most of my small cap stuff into ETFs.

VOO, VTI, VT, VGT etc

I am dabbling in pot ETFs vs picking the winning horse as well.

 

[switchback7]

for those holding ABML, what are your thoughts on holding long term after Bidens comment on importing metals for EV ? still holding? i see it had a little bit of a dip today. i am still holding, just wanted to hear other opinions.

 

[Broomd]

for those holding ABML, what are your thoughts on holding long term after Bidens comment on importing metals for EV ? still holding? i see it had a little bit of a dip today. i am still holding, just wanted to hear other opinions.

My understanding is that ABML recycles those battery products creating a more green scenario. They are unique in that way. Ex-Tesla guru at the helm.

As it relates to what Biden wants I haven't a clue, he's a nutjob. He'll probably want to outsource all of that tech to some hostile anti-American nation. Let's be honest, he doesn't know what's going on anyway, Critical race theory and environmental radicals are pulling the strings for all of this crap anyway. Imagine what's best for the U.S. and then expect the opposite.

I held this week up a couple $K with ABML, hope to see at least twice that to think about swing selling.

 

[BBob]

for those holding ABML, what are your thoughts on holding long term after Bidens comment on importing metals for EV ? still holding? i see it had a little bit of a dip today. i am still holding, just wanted to hear other opinions.

Isn’t their primary game recycling rather than mining? I think recycling would be a draw (especially to the enviro’s) if they can work their process out and become efficient enough to be viable. That’s been the debate over this company correct? Can they get their process to the point of cost effectiveness? They’ve also applied for listing on the Nasdaq which I think would be a gain.

 

[switchback7]

yeah, from what i gather it is recycling, but who knoow what else Biden will outsource. I didnt know if the little dip was due to Bidens comments or something else totally different

 

[22lr]

Haven't been doing much selling, just holding. Good to see ABML pop, but my target sell is when they start production. I just suck at timing the ups and downs... same philosophy with CCIV, ill just look at selling them once they get production going full speed.

For HMBL, im also in too deep to cut losses, will keep riding for now. I still like the concepts of the company, I knew it was a gamble. I just wasn't smart enough to cut losses earlier.