Investments (Stonks)

The meme stocks are definitely worth watching, the ones that actually have reasonable sustainable futures like BB, NOK and Naked dipped really nicely at certain points as people lost interest. I picked up some BB at like 11.5 which seems like a solid price point.

You can add the weed ventures to that too, if anyone fancies them long term I’d just wait till a dip where Reddit loses interest or moves on to their next shiny thing.

Also the GME fallout was literally hilarious to read. Worth checking in for that alone, there’s like a civil war going on among them at the moment.

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yeah, sadly its going back up again now, i should’ve held half but, honestly not always worth a risk.

do any of you stare at a stock after you sold everything watching it rise again and get frustrated? :joy:

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Basically feels like a loss right :joy:

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yeah, thank fuck it’s going back down, i sold $1 off the max price (so far) so, can’t complain too much! i’ve got my feet wet and want to start exploring more with it all now, was good fun. I’ve always been super cautious with money, tight-fisted northerner for example, so i don’t ever gamble unless it’s a sure thing/a good risk/reward.

For example in 2012 after milan won 4-0, i bet £25 on some massive odds for Arsenal progressing. Meaning basically, either my team won or I made a fuck ton of money.

Other than that, just never, this seemed a low risk move for me and, while I am clearly a total novice, it was good to gain the experience and actually remove some of that FOMO i’d been having

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I used to, now I just ignore it or remove it from my list and accept that it’s better to have sold at a (decent) profit than at a loss and find the next play.

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Just remember nobody can time the top perfectly

Those who aim to sell at the highest highest usually gets burnt

You sold off near perfect so nothing to be upset about or regret. Take the ball (profit) and go home

Wait for the next play to occur

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Yeah I’m a big believer in BB and bought in at $9 USD and I’m holding long term. Will add so more to my holdings once I free up some cash.

PLTR as well, not really a meme stock but I’m glad I bought in back in November and I definitely intend to hold that for the long term. There’s a lot of shit on WSB and Reddit, but there’s a lot of gems, you just have to read through it and keep a sharp eye out.

They called Tilray and Arec for example.

Also, it’s a red day today lol

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on HL it gives me a quote price for stocks, but ive noticed if i dont accept the quote then request another, the price immediately goes up (visibly greater increase than the share price increase), is that normal, like how airlines store cache and fuck with the prices of flights?

Hmmm I can’t answer that, as I simply don’t know.

Wouldn’t surprise me but I guess you would have to do it a number of times to ensure that the quote doesn’t fall as well

i’m trying not to risk it as i’ve noticed it a couple times when i’ve checked now and then, don’t want to force my own price up needlessly because i’m sure it wouldn’t be beyond these kind of companies to have this sort of practice in place.

@Cristo tlry going back up :joy: last half hour of trading this is pretty common aint it

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Yeah both yesterday and today my portfolio rallied in the last 30-60 minutes of trading.

Guess it’s a lot of opportunists trying to get in at a discount.

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I’m gonna leave out tonight I think, I’ve since gone for some other much cheaper shares that seem like they could appreciate well long term, much lower volatility/ risk

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Also I’d say, it’s not “natural” for a share to gain 40-60% a day several days in a row. I really feel like this weed thing could be a very good 2+ year long term play but right now it’s just a bubble.

It’s not even legalised at a federal level in America, just several states, and Europe doesn’t look like legalising it imminently either etc. so that’s why I’m a bit sceptical about investing and haven’t gone all in.

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Yeah for sure, this is just a lucky one or two. It’s gonna be a 100% gain to $80 for TLRY at the price i bought in yesterday $40, by tomorrow, but i wasnt to know!

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I’ve always been interested in Stocks and Shares but never got my feet wet. You guys are influencing me to dive in, but I’d literally not know where to start!

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Well, the best advice is always to start somewhere that interests you or is an industry that you know.

What kind of sectors/industries do you find interesting and do you want to read about/learn about? Even better if you already know some beforehand.

Open up and stock and shares ISA and put 2k in a ready made defensive portfolio, then erase its existence from your memory

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Nah none of this shit, only :gem: :raised_hands: here mate. We only hold for 1,000% or 0% in here.

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