Zombie The Coronavirus Financial Thread (Personal, Local, National)

Discussion in 'Blazers OT Forum' started by EL PRESIDENTE, May 1, 2020.

  1. donkiez

    donkiez Well-Known Member

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    TD is banning purchase also. Everyone seems to like Fidelity tho.

    Options are a lot of fun, but it's even easier fo get carried away. It starts to feel like a crap table with bets all over the board with various levels of building excitement. My strategy has been to wait for big drop days like yesterday, then jump into a call for 3 month out or so about 10-20% OTM. I can usually close it on the rebound for a nice little profit.
     
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  2. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I may go with Schwab because I've always wanted their no-international transaction, no fee ATM card. Its useful when traveling abroad, which I'll probably be doing significantly in the next few years. I do have an HSBC card that refunds like 4 transactions per month. Once I took money out of a Vegas Strip club and they charged me 10% for the transaction, and I got the 20 bucks refunded lolz.

    My buddy just got hired at SoFi and said to give them a try-out. Plus Chamath apporoved.

    Screen Shot 2021-01-30 at 12.22.16 PM.png
     
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  3. Shaboid

    Shaboid Well-Known Member

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  4. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    U
    Yep. I do the same. If i get the stock i do a covered call.

    But, sometimes i will roll the put out a week or two. If i can buy back my put and resell for a week out at a credit, that is another way to go. Time can be your friend.
     
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  5. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    $fubo

    I said I was getting out of Robinhood, but fuck it, I'll put a little money in this on Monday I think, after I look it up a bit more. The twitter people I follow are chatting about it a bit more now.
     
    Last edited: Jan 30, 2021
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  6. BigGameDamian

    BigGameDamian Well-Known Member

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    https://www.cnbc.com/amp/2021/01/30/neiman-saks-nordstrom-retail-battle-gets-personal.html

    For Neiman, Saks, Nordstrom the retail battle is getting more personal

    KEY POINTS
    • For decades, personal shopping services were reserved for the most affluent consumers at department stores like Neiman Marcus and Saks Fifth Avenue.
    • Now more department store sales associates earn commissions and build client relationships with personalized services offered online, a setup that also benefits retailers.
    • The Covid-19 pandemic also is shifting these experiences online through social media like Instagram and virtual styling technology apps.
    • "I don't see in-store shopping being a thing in the future," says one Saks Fifth Avenue sales associate.
     
  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    So, should I buy gamestop tommorow at open or what? (If allowed to do so)

    :NOTMARIS:
     
  8. Natebishop3

    Natebishop3 Don't tread on me!

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    To the moon!

    I’m thinking of buying one more share.
     
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  9. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    If you bought doge in the 2 cent range yesterday as it was much of the day, you almost doubled your money already.

    Edit: appears to be the peak of that spike, back down again lolz
     
    Last edited: Jan 31, 2021
  10. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I may if its under 450 at open
     
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  11. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    WTF? Don't you realize that Fubo has an actual, growing business? Why would you invest in something like that?

    barfo
     
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  12. Natebishop3

    Natebishop3 Don't tread on me!

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    I’m seeing people making wild predictions about how high the stock will go. I just have no idea what’s even realistic at this point.
     
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  13. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    That would be stupid
     
  14. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Too much hype. Gotta sort thru the noise, but this is history
     
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  15. Shaboid

    Shaboid Well-Known Member

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  16. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Ethereum $1,600
     
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  17. Natebishop3

    Natebishop3 Don't tread on me!

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    So I'm wondering if AMC and BB are good long term investments. They're gonna get hit with the meme crash but if they drop down to like $5-$6 I might buy some more because people are saying they have a good future ahead of them.
     
  18. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    I would invest instead in whatever those people are smoking.

    barfo
     
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  19. BigGameDamian

    BigGameDamian Well-Known Member

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  20. BigGameDamian

    BigGameDamian Well-Known Member

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