PIMPING STOCKS

[Fosco33]

Look into Cresco Labs (CRLBF)

[MadtownPacker]

it's obvious that some Pot Stocks are going to blow up this year; I've made great ching on GRWG

Anybody else investing in the weed stocks ? And if so which ones ?

I have APHA, CGC, CRON, NBEV and TLRY.

I’m guessing my $500 I put into those isn’t shit to privileged Whiteys but it is first time stocks ever for me. I got Tilray when it fell down to 26 after having been around 200.

[Fosco33]

That’s great Mad. You gotta start somewhere- I started when I was 11 after saving money from cutting lawns and babysitting.

I wish I had more time for this - so I’m mostly in etfs by industry. Cheaper than most mutual funds and more predictable. I prob should have someone doing it for me

[Zool]

I have APHA, CGC, CRON, NBEV and TLRY.

I’m guessing my $500 I put into those isn’t shit to privileged Whiteys but it is first time stocks ever for me. I got Tilray when it fell down to 26 after having been around 200.

I do like that you capitalize Whitey. You at least know your place in the pecking order.

[call_me_ishmael]

That’s great Mad. You gotta start somewhere- I started when I was 11 after saving money from cutting lawns and babysitting.

I wish I had more time for this - so I’m mostly in etfs by industry. Cheaper than most mutual funds and more predictable. I prob should have someone doing it for me

What do you own? I was thinking of converting all of my old 401Ks across a bunch of vendors into a single IRA and go in on SPY and QQQ. I know nothing about ETFs, though.

[SkinBasket]

I do like that you capitalize Whitey. You at least know your place in the pecking order.

Looks like all these guys are freaking out a bit. Sounds like an AA session where everyone took a sip last week.

[Tony Oday]

NIO is still rocking the EV Bubble and looks like Lucid Motors is going public through CCIV, got in at $11 with 10 $25 calls and 200 shares. My fun side account is rocking right now

To hedge my bets I have been investing in physical silver and gold.

[call_me_ishmael]

NIO is getting pumped by redditors apparently. This GameStop stuff is crazy. A couple of my coworkers joined the fun but I am sitting this one out. I did sell most of my TSLA and took profits. Gonna put most of it in SHOP I think. SHOP and AMZN I guess. AMZN is so big but I still think there is a ton of room to grow.

[Tony Oday]

NIO is getting pumped by redditors apparently. This GameStop stuff is crazy. A couple of my coworkers joined the fun but I am sitting this one out. I did sell most of my TSLA and took profits. Gonna put most of it in SHOP I think. SHOP and AMZN I guess. AMZN is so big but I still think there is a ton of room to grow.

NIO is not on the GME, BB, AMC bandwagon it is getting some pump but the car is going to be the E Car in China.

[call_me_ishmael]

Fuck the hedge funds. This is one of the most remarkable, insane things that has happened in my 34 years. Ken Griffin managed to halt the market and everyone just went along with it. Apparently the White House was involved too allegedly. Robinhood forced people to sell?? What in the actual fuck how is that not illegal? Read the EULA I guess wtffff.

https://twitter.com/stoolpresidente/status/1354848771184750598

Was going to apply at Robinhood. Really glad I didn't obviously. That company is toast after today.

[Fosco33]

That’s crazy. Wall Street has always been criminal. 2008 proved that without any jail time for anyone.

Microsec day trading is not what the market was intended to do either.

[call_me_ishmael]

I don't understand what happened behind the scenes and how they're gonna cover the paper trail. Robinhood - a company on the verge of IPO for billions of dollars - is completely toast after today. So why did they make that choice? Was it a threat from Ken Griffin? Was it a payoff? Seems fishy.

According to this, Robinhood was worth ~12B in 2020. It's worth essentially nothing now since who would use it now? WTF. https://www.coindesk.com/robinhood-6...ound-valuation

Not too often do you see 12 weigh in on current events, but even he shared Portnoy's tweets.

https://twitter.com/AaronRodgers12

[Fosco33]

Well if the rationale was preventing over speculative bets - they can do that. It’s just shady as fuck how they did it.

For example - I use fidelity. They have flags when I have to call in if I’m betting on a penny or otc stock.
And in crypto - Coinbase makes you prove identify and income for the super speculative crypto market.

Rich people have rich lawyers... but they pissed off the consumer and hopefully will fix it or suffer from the cancel culture.

[call_me_ishmael]

I really don't think what they did was legal. I'm sure there is some EULA terms in there to cover their ass. Here's what I think happened:

Citadel securities processes the orders for all of the major brokerages that shut down (allegedly). Citadel also in invested in companies with a short position and they have a hefty one themselves (allegedly). To me, where there's smoke, there's generally fire. Kinda seems like Big Bad Ken shut down trading our said he'd stop doing business with the brokers and processing their trades.

[Tony Oday]

I don't understand what happened behind the scenes and how they're gonna cover the paper trail. Robinhood - a company on the verge of IPO for billions of dollars - is completely toast after today. So why did they make that choice? Was it a threat from Ken Griffin? Was it a payoff? Seems fishy.

According to this, Robinhood was worth ~12B in 2020. It's worth essentially nothing now since who would use it now? WTF. https://www.coindesk.com/robinhood-6...ound-valuation

Not too often do you see 12 weigh in on current events, but even he shared Portnoy's tweets.

https://twitter.com/AaronRodgers12

Robinhood is 40% owned by Citron. Robinhood sells the information from retail traders to the Hedge Funds so they get more accurate information for their trades.