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Started By
Message
Any life changing stock trade stories on here?
Posted on 7/5/22 at 1:30 pm
Posted on 7/5/22 at 1:30 pm
Got into stocks last year and I'm looking forward to the journey. Obviously been a rough start.
12
Posted on 7/5/22 at 1:40 pm to West Palm Tiger561
Have you heard the legend of Ancient Tiger?
Posted on 7/5/22 at 1:50 pm to 21JumpStreet
My grandfather bought a bunch of IBM stock in the 50s. Seemed to work out very well for him.
Posted on 7/5/22 at 1:50 pm to 21JumpStreet
Wiki Tiger sold early and won’t show his face again bc he made a good amount of money instead of a hefty fortune
Posted on 7/5/22 at 1:51 pm to West Palm Tiger561
Only time those frequently happen is when the Federal Reserve is accomodative in policy which is not their stance currently with them hiking interest rates and shrinking their balance sheet.
Lot of us here made a boatload on SLI stock last year. Don't invest more than you can lose in one stock and assume it can and will go to $0.
It's a brutal market right now and while we might see a few bear market rallies, expect more brutal choppy action and grinding downwards through the end of this year.
The only publicly traded stock I'm in currently is ORGN. I have a lot of SpaceX shares as well but those don't trade publicly which is great for my sanity haha. Sitting on massive stacks of cash waiting for the worst of the storm to pass and macro trends to improve.
Lot of us here made a boatload on SLI stock last year. Don't invest more than you can lose in one stock and assume it can and will go to $0.
It's a brutal market right now and while we might see a few bear market rallies, expect more brutal choppy action and grinding downwards through the end of this year.
The only publicly traded stock I'm in currently is ORGN. I have a lot of SpaceX shares as well but those don't trade publicly which is great for my sanity haha. Sitting on massive stacks of cash waiting for the worst of the storm to pass and macro trends to improve.
This post was edited on 7/5/22 at 2:00 pm
Posted on 7/5/22 at 2:00 pm to West Palm Tiger561
Just get out now bro it’s only gonna get worse
In 2040 when the president is Biden’s brain in a tank in the belly of Stacy abrams like that dude in ninja turtles the Dow is gonna be like 12
Not 12k, 12
In 2040 when the president is Biden’s brain in a tank in the belly of Stacy abrams like that dude in ninja turtles the Dow is gonna be like 12
Not 12k, 12
Posted on 7/5/22 at 4:09 pm to Upperdecker
The vast majority of people that didn't sell were drug dealers stuck in jail. Maybe Wiki Tiger was one of the small number that didn't sell their stack, but it's statistically unlikely.
To OP, don't compare yourself to others. That will get you in trouble. You do what's right for you. The market is not a get-rich-quick scheme. It can however be a get-poor-quick scheme.
To OP, don't compare yourself to others. That will get you in trouble. You do what's right for you. The market is not a get-rich-quick scheme. It can however be a get-poor-quick scheme.
Posted on 7/5/22 at 4:59 pm to West Palm Tiger561
I know of two GameStop millionaires. These guys were bringing in maybe 50-60k yearly salary and now are worth over (guessing here) 2.5 mil each. The best part is the guy that tipped them off didn’t even play the stock. One of the guys did buy him a new truck for the hook up tho so he didn’t completely miss out I guess.
Posted on 7/5/22 at 5:50 pm to West Palm Tiger561
Mine was supposed to be this little technology company with a new way to produce lithium.
Posted on 7/5/22 at 6:02 pm to West Palm Tiger561
Have you heard the Chief Indian legend story about Chief Squatting Dog? Quite a story.
This post was edited on 7/5/22 at 6:03 pm
Posted on 7/5/22 at 6:09 pm to GAFF
I’m awaiting running into GameStop employees in the DFW area. There have to be hundreds that became millionaires unexpectedly.
Posted on 7/6/22 at 9:12 am to West Palm Tiger561
Mine are all "big ones that got away". I had an order in to buy Netscape when it went public in 1995. The IPO was way oversold, so I was going to buy at market when it opened. No internet trades then. By the time it filled, my expected $30K purchase was $50K. I panicked and sold so I would not have to find the extra $20K. Within a few months it was worth $178K. At age35 in 1995 dollars, a $130K plus gain in 4 months would have been huge for me. Not the best story, but at the time, Netscape was the most oversold IPO in history, or so I recall. I also think this moment was the beginning of the dot com mania.
Posted on 7/6/22 at 9:24 am to West Palm Tiger561
(no message)
This post was edited on 7/6/22 at 9:25 am
Posted on 7/6/22 at 10:55 am to AUHighPlainsDrifter
quote:
Have you heard the legend of Ancient Tiger?
Add Rocket31 to that short list. Of course, both of these are of (alleged) fortunes lost.
ETA: I know his wasn't in stocks, more of a "trading" story.
This post was edited on 7/6/22 at 10:57 am
Posted on 7/6/22 at 10:57 am to 21JumpStreet
quote:
WikiTiger
Will forever be a legend here.
Also, he went back in May and deleted most of his posts. I have to imagine there is a reason why he is hiding.
This post was edited on 7/6/22 at 10:59 am
Posted on 7/6/22 at 10:59 am to West Palm Tiger561
quote:
Any life changing stock trade stories on here?
pretty much everytime someone comes on here hocking penny stocks or get rich quick schemes and doesn't get removed....causes several life changing stories to occur unfortunately.
Posted on 7/6/22 at 11:31 am to oklahogjr
well the ultimate insult wound up being.... I rolled my actual ZOM gains into voyager.
Posted on 7/6/22 at 11:38 am to West Palm Tiger561
Keep fear and greed in your pocket and conservation and logic in your head.
Posted on 7/6/22 at 10:17 pm to GAFF
I am also one.
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