The Market 2021

Discussion in 'Finance, Investments, and Careers' started by Folster, Jan 7, 2021.

  1. BigRedRage

    BigRedRage Reckless Contributor

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    Gotcha, I figured it was the pattern that its priming to pop
     
  2. BigRedRage

    BigRedRage Reckless Contributor

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    of course GME is priming for an action packed day on an errand day. Going to be watching tickers while getting my teeth cleaned. this has potential to go on for a while but id like to sell high buy low on the next mini squeeze. been flirting with a $140 wall all morning and finally broke through
     
  3. Folster

    Folster he/haw

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    Man, TSLA is just getting chopped down day after day. It still has a PE ratio of over 900 which is still over 23 times the S&P 500 average.
     
  4. BigRedRage

    BigRedRage Reckless Contributor

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    its because I bought more shares at 695. my bad.
     
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  5. dscher

    dscher Registered

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    Who'd thought gme might be the perfect hedge to the overall broader market.. o_O
     
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  6. Finito

    Finito Registered

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    So Roblox is coming this week, now I had no idea what this was until a week ago and apparently it’s just ridiculously huge with the kids.

    45 bucks right out the gate is a lot. But to those that know is this a good jump on jump off buy. I would never invest long term in anything gaming
     
  7. Folster

    Folster he/haw

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    Really? Gaming is a huge and growing industry. Supposedly global gaming is bigger than the global movie industry and the North American sports industry combined.
     
  8. Folster

    Folster he/haw

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    So I've been wanting to add Financial exposure to my stock portfolio, but couldn't find the right company for the right price, so I just bought XLF to capture the entire sector.
     
  9. BigRedRage

    BigRedRage Reckless Contributor

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    ROBLOX prints money.

    With that said, it doesnt interest me as something I am behind and a huge believer in. But, it has major potential. most kids 8-12 play roblox and buys robux any time then can.
     
  10. BigRedRage

    BigRedRage Reckless Contributor

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    holy crap GME
     
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  11. Devilmaycare

    Devilmaycare Registered

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    What always concerns me about game companies is that the market is so fickle and they're blockbuster driven. If they're relying on one game then they could literally be nothing in a couple of days if the kids see a new shinny.

    Nice! I'm still holding my 5 shares. Maybe I'll still end up in the black on them. :)

    I'm wondering if I should buy a few more shares now. I might if we dip again. When the stimulus checks hit you know all of the WSB apes are going to buy more.
     
  12. dscher

    dscher Registered

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    GME still has room to run..chart on multiple time frames setting up nicely.
     
  13. BigRedRage

    BigRedRage Reckless Contributor

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    Roblox is not blockbuster driven. its crap games with crap graphics made by people and put into the roblox universe. It is its own entity and not like other gaming companies like activision. They have been on an upward trajectory financially for a long long time and its free to play across all platforms so it keeps bringing in more and more kids.
     
  14. Ouchie-Z-Clown

    Ouchie-Z-Clown I'm better than Mulli!

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    My boys essentially lived in roblox for 3 years prior to Fortnite invading and taking over their brains.
     
  15. Ouchie-Z-Clown

    Ouchie-Z-Clown I'm better than Mulli!

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    Yup for awhile robux were the primary currency in our house. I am not kidding when I say our boys wanted only that for their birthday - perfectly fine with no toys.
     

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