Comments
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@Al The MotCoJCoLDS, so unless you got in pre-2017, you've either made or lost like 5%. I'm talking about real money. 8k in 2 days for reading like 5 news articles leading up to an IPO for a company expected to grow more than Tesla, with an Amazon partnership. I've made 3x the money on the publicly traded company's that mine and invest in Bitcoin/altcoin operations than I have in actual crypto. Think bigger, bröther.
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@Drunk Pantless Uncle, no doubt it will. I’m debating putting another couple K into it just to be safe and have a ‘safety net’ to fall back into if I’m ever in trouble. I’m only like 23 but I played the stock game well in highschool so I’m well off for now I just should start at looking for long term plans. NKLA looks like a super promising company with a good laid out plan for the future and I’ll proudly back it up.
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@Drunk Pantless Uncle, okay. So, I’m a poor, anime loving african college boy that just wants to not have to eat ramen out of necessity but by choice. I wanna start trading so I can survive. Not to get rich. Just survive. My talent is the ability to learn, I promise I will not waste your time, would you perhaps be willing to mentor a stranger. It doesn’t have to be long. Maybe even a couple times a month. I just need to float and I’ll put in the time need be.
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@Rodestarr, read some "how to's" on the internet. Whenever they is a huge rally like the Nikola stock yesterday, there's almost always a decline after. Don't buy something because it's up 75% because you've already missed that bull run and more than likely, it will decline shortly after. Look for IPOs of new companies that make sense. Next one I'm watching is Lemonade. It's a silly name for a new insurance company that just applied to go public. They use smart computing to give better coverage to people. 80% of their customers are around age 35 because millennials love technology. I can almost guarantee that when they go public, there will be a good rally, followed by a dip (as always) and then it'll level out with a steady climb.
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@Rodestarr, also look into stocks that pay dividends. You won't make as much money on the stock but you'll get a check every 3 months depending on how many shares you own. REIT's (real estate investment trust) are good for dividends. I'm currently invested in IVR. They cut their dividend payments lower after their stock took a huge hit due to coronavirus but nows a good time to buy their stock at bargain prices and when it climbs back up (which you'll make money on), they'll bump their dividends back up
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@Drunk Pantless Uncle, thanks for the info, I made a fair amount off NVAX buying in at 11.89/share and now it’s crossing $50/share. Thinking about putting those profits into NKLA. However, I have to admit I’m primarily into cryptocurrencies. The US market is too inflated right now. Particularly speaking about the SPX, DJI, and NDAQ
I'm putting this in recent to reach more people. Guys, if you or anyone you knows trades stock, hop on the new train quick. Nikola Corporation (NKLA) has just gone public. It's the next Tesla (Tesla has already tried sueing them and lost), but they are focusing more on semi trucks and fleet vehicles and getting in hydrogen fuel cell (what will eventually phase out electric batteries) powered vehicles too. They went public Wednesday at like $34/share and are trading at $55 as of this post. I jumped in around $35 with 10k, now valued at $18k in 2 ½ trading days. Amazon has already pledged to using Nikola's vehicles to replace their entire fleet by 2024. Major potential for the long term. Remember, there will be dips too, but get in now for the long haul. God speed, fellow Spoonsanites.