ABW Stock Exchange: All Things Investing

Anybody familiar with this one called Snap? I’m a newbie in this situation and ting!

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Yea I dropped money on UCO yesterday that shit took a huge nose dive today

Market keeps fluctuating up and down (with harder falls than rises) every couple days but never knew about that reverse stock split shit

Expensive lesson lol
 
ChicagoFigure said:
Yea I dropped money on UCO yesterday that shit took a huge nose dive today

Market keeps fluctuating up and down (with harder falls than rises) every couple days but never knew about that reverse stock split shit

Expensive lesson lol
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peaks valleys and patience.
yesterday was an interesting day for oil.

in theory it shouldnt have happened like that or to that degree because it was predicted to go up this week.
 
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AZTG said:
Bought $500 of UCO. Dont want to lose out on the oppurtunity. Hopefully itll be a quick gain. Im hoping to double up in a month or two and invest it into something long term.
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I bought too early. But I'm going to buy more now since we here.
It's already going up.

I think the split scared the shit out of people.
 
DOS_patos said:
I bought too early. But I'm going to buy more now since we here.
It's already going up.

I think the split scared the shit out of people.
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I bought it today without looking into it at all, so had no idea about the split.

What was the price supposed to be today at opening? I read last night it closed at 1.20. A 25:1 split means the price should have been $30. I bought it around $16.

So did it go down about 50% today? Or am I misinformed? I didnt look into it too much before I bought it.
 
Sion said:
The easiest companies to win on are the high quality companies that have been hit hard. Like the banks, dow jones list of companies, companies that offer products or services you can't live without and are number 1 in their industry.

The high quality companies will shoot back up quickly, the mediocre company will take a lot longer to, the smaller companies will either go out of business or take a huge hit then recover.

Try to keep it simple @figo
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Cool vibes.
I taking notes. Peeping the patterns. This thing can become an addiction if the mind isn’t mentally stable.
Checking for more gems from alyuh!
 
AZTG said:
I bought it today without looking into it at all, so had no idea about the split.

What was the price supposed to be today at opening? I read last night it closed at 1.20. A 25:1 split means the price should have been $30. I bought it around $16.

So did it go down about 50% today? Or am I misinformed? I didnt look into it too much before I bought it.
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It dropped 60% yesterday. But went up to $15 to end.

It started yesterday at like $32 I think.

They didn't even mention the shit. I had to figure it out on my own. While other people had to call the office.

And then it just dropped.

It was weird because other oil etfs or whatever only dropped like 10%.

Smdh

I respect how you grabbing and your plan.
My way is a bit similar.

Too big a drop almost always gives a quick short profit rebound.
 
It’s showing at 16.22 right now.


So y’all saying it’s a good buy right now?
 
DOS_patos said:
It dropped 60% yesterday. But went up to $15 to end.

It started yesterday at like $32 I think.

They didn't even mention the shit. I had to figure it out on my own. While other people had to call the office.

And then it just dropped.

It was weird because other oil etfs or whatever only dropped like 10%.

Smdh

I respect how you grabbing and your plan.
My way is a bit similar.

Too big a drop almost always gives a quick short profit rebound.
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Bruh the 52 week high for this mfer is $650. And in January that mfer was over $500.

I copped 30 shares of it at $16.50. Im not expecting it to go to $650, not even close, but if I could just dream, my little 30 shares at $600 would be 18k. Thats a stupid come up.

But honestly, im hoping to make my 500 turn to 2k at best or 1k at worse. Im thinking thats realistic
 
Rubato said:
Yea

If you have BofA it’s easy as hell to move money back and forth

If I had a diff bank I probably would have used Robinhood
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Good lookin on this. I’ve been trying to buy stocks all morning but Robinhood keeps saying there’s no money for me to deposit after I link my BofA account
 
AZTG said:
Bruh the 52 week high for this mfer is $650. And in January that mfer was over $500.

I copped 30 shares of it at $16.50. Im not expecting it to go to $650, not even close, but if I could just dream, my little 30 shares at $600 would be 18k. Thats a stupid come up.

But honestly, im hoping to make my 500 turn to 2k at best or 1k at worse. Im thinking thats realistic
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i agree... i mentioned a page back or so.

i dont think its going that high .....but i am looking for a nice profit from this.
 
Hustletown said:
Good lookin on this. I’ve been trying to buy stocks all morning but Robinhood keeps saying there’s no money for me to deposit after I link my BofA account
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I’m finding it has some limitations though

It literally will not allow you to make trades that it considers “high risk,” like certain ETFs.

When I tried to buy USO and UCO it blocked both trades
 
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