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The ETF and Stonks thread (no advice at all)


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Roblox having the staying power it has had will always be weird to me. My kids have played it for years now, although less now but still playing. I haven’t played it myself but I’ve watched and helped

Wanted to start this thread for people playing around in the market and just a place to discuss their stonks.  No advice just info.   GME mooning today just broke Reddit it seems.  WSB is pr

On a more boring note, I passively investing in a total stock market ETF (VTI), some cannabis ETFs (MJ, YOLO) and a alternative energy ETF (QCLN).  I’ll be putting money in these for the long term (3-

On a more boring note, I passively investing in a total stock market ETF (VTI), some cannabis ETFs (MJ, YOLO) and a alternative energy ETF (QCLN).  I’ll be putting money in these for the long term (3-5 years).  For a buy and hold on stocks I am looking at RBLX for March 10th and putting some money there.

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27 minutes ago, falconsd56 said:

I am hoping AMC has that sort of rally.

I got a couple shares at around 5 bucks a share and with the news that NY is going to allow theaters to open up again the price doubled in the last couple days...it would be nice if that can continue.

Hope so too.  They look like they are trending together again.  Pretty sure we will see shenanigans tomorrow  

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I was wondering when you were going to create this thread.  I rode BA, BBBY, and AMC up today for some quick profits.  Still holding BBBY and KODK.

 

I'm long the following ETF positions - 

 

XLE - energy ETF

ICLN - similar to qcln

XLF - financial ETF

MSOS - US MSO based Cannibis ETF

 

Edited by MoeBiden
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4 hours ago, Leon Troutsky said:

Is the GME thing a 1-month anniversary celebration or something?

Someone on Reddit seemed to report that there were still large short positions still on GME and people started buying.  The big players started to sell their short positions to push the price lower and accept some loses.  This game will continue for a bit.

 

My long term investment play isn’t changing because of this market.  I am buying more of my ETFs tomorrow.  Also getting mah gambling money ready for Roblox on the 10th

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22 hours ago, lostone said:

Someone on Reddit seemed to report that there were still large short positions still on GME and people started buying.  The big players started to sell their short positions to push the price lower and accept some loses.  This game will continue for a bit.

 

My long term investment play isn’t changing because of this market.  I am buying more of my ETFs tomorrow.  Also getting mah gambling money ready for Roblox on the 10th

 

4 hours ago, lostone said:

Bought more of my ETFs today. Passive boring investing :) 

waiting until 3/10 for my gambling RBLX fun.

Haven’t heard anything about RBLX.  What’s the deal?

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Roblox having the staying power it has had will always be weird to me. My kids have played it for years now, although less now but still playing. I haven’t played it myself but I’ve watched and helped them get it set up or helped figure things out with them. I would have gotten bored with that game a long time ago. But kids love it. Tens of millions of daily users and most are probably under 13. They sell robux cards in physical stores also. Could be an interesting listing to follow. 

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On 3/1/2021 at 9:33 PM, red falcon said:

High dividend low volatility. Made $356 so far. At about 10 bucks in dividends monthly lol. I got a long way to go.

Invested in a dividend ETF VYM.  Since my time horizon is 3 to 5 years I’m just riding it out dollar cost averaging over that period.

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ooooh long time away and now we are talking my kind of thread... I am also a moron 

Sold off my boring stocks that were making consistent gains (F, GE, RIGL etc) and went into the casino: GME, AMC. Not bad so far; down a bit but recovering. 

Also found an interesting gamble on a call option for GTT. If they dont announce bankruptcy it might be a good play. Great PB ratio and is either a deeeeeeep discount or a sinking ship. A bit of an extreme take on Buffet's cigar butts concept. 

Other that that my stable one is RIGL. 

If I had more free cash I'd take a gamble on SLGG but I have enough gambles going right now. My theory is that Cohen (GME) is partnering with Ann Hand (SLGG) and the guy who started pets.com Gregg McLemore. 

With the gambles (because these are clearly casino style wagers) proceeds I will probably go back in on some dividend stocks and stable slow growers. RIGL is going to be a nice long termer and has a deep discount right now. 

TO be clear, I am an idiot; and other than RIGL these are casino stocks. 

 

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