A HORNY SWEARENGEN posted:

Lucky for us smart investors we know stocks only go up when the company has sound strategies.

Good luck in your toilets full of pee, AHT bag holders.

Deviant posted:

aht is a long play, always has been.

i expect mine to go up around the holiday.

Jimong5 posted:

I wouldn't want AHT just to hold, the main reason to have it is to mill calls for 20% of the price. You can sell a $5 Aug call on a stock that costs $4.64 for $1, that's why I picked up more today.

D-Pad posted:

I agree, but I assume AHT has plenty of international properties? I actually don't know much about it. Also international travelers coming into the US will be low as delta takes off.

Uranium 235 posted:

btw for anyone interested in swing trading, check out qullamaggie's website https://qullamaggie.com/ and after that his twitch stream (he streams most days for 1-2 hours at the market open). he's probably going to end up becoming a billionaire in a few years and he teaches his stuff for free on his stream so it's worth taking a look at imo. he doesn't sell anything, and it's pretty rare that a successful trader puts out this much content without it being a funnel into some kind of paid service

a fatguy baldspot posted:

Gonna look into covered calls when I get home then. Feel better that I got on the train at 5.10 and not anything higher

DapperDraculaDeer posted:

Well, on a more serious note yes rural poverty is one of the saddest things Ive seen. The fact that so many rural people have been basically brainwashed to vote for leaders who dont represent their best interests and in many cases actively work against their interests makes me sad. Which is why I feel that survivors of the Oklahoma Thunderbowl should all receive free, involuntary admission to reeducation camps to help resolve these issues.

gay picnic defence posted:

Eventually every leftist will reach the same conclusion Stalin did and realise that some minds will only be changed via a bullet. Which is probably bullish for ammo manufacturing.

gay picnic defence posted:

Was there some inflation news? My tech ETFs have poo poo the bed but the lovely gold stock I’m bagholding is up.

DapperDraculaDeer posted:

Well, on a more serious note yes rural poverty is one of the saddest things Ive seen. The fact that so many rural poor people have been basically brainwashed to vote for leaders who dont represent their best interests and in many cases actively work against their interests makes me sad.

A HORNY SWEARENGEN posted:

america is basically two coastal mega cities with a depressing void in between,

laxbro posted:

This thread isn't like other BFC megathreads. Following the thread consensus will lose you money. Your best bet is to just read and laugh as the degeneracy or set aside a couple hundred bucks to gamble alongside everyone else.

Uranium 235 posted:

Ror posted:

AHT is not great for anyone trying to do day trading or sideways trading and yeah, if you got in at 7+ then I wouldn't feel too good about it. But if you got in under 6 or even better now at under 5 I wouldn't feel too nervous about it long term.

In the short term I like it for the same reason mentioned earlier, it's got great options premiums. I wouldn't have a significant portfolio % in it but those covered calls are killer and who cares about getting assigned.

D-Pad posted:

You guys are really sure about AHT when there's a decent chance the delta variant tanks any possibility of travel returning to normal this year.

D-Pad posted:

You guys are really sure about AHT when there's a decent chance the delta variant tanks any possibility of travel returning to normal this year.

Oscar Wild posted:

Vaccination seems to prevent the worst parts of COVID. If that's the case I can't see the will to return to quarentine. Sure, the unvaccinated will get sick and die, but I believe that vaccinated people will stomach the risk of a moderate sickness to stay social.

I'm talking myself into bagholding with this thesis.

Oscar Wild posted:

Vaccination seems to prevent the worst parts of COVID. If that's the case I can't see the will to return to quarentine. Sure, the unvaccinated will get sick and die, but I believe that vaccinated people will stomach the risk of a moderate sickness to stay social.

I'm talking myself into bagholding with this thesis.

DapperDraculaDeer posted:

But does it really? Because that seems like the kind of problem that would eventually take care of itself.

MussoliniB posted:

WSB and the ilk are saying that tomorrow is “the day.” I’ve Googled all around and playing the meme market is far behind me at this point. Anyone who asks what’s going on just get ridiculed. What is tomorrow supposed to be? Anyone know?

Fake James posted:

I bought into AHT and stupidly didn't sell when it was at $7.00+ earlier this month. I was out camping those days so I wasn't glued to my ticker and thought it would go a little higher. Liking the idea of selling covered calls to recoup some losses, do I have it right that if I sell an covered call with a $5.00 strike price, if someone actually executes it then I get $500 + the premium? I have 200 AHT shares and an avg cost of $5.60, so on the chance it goes higher on the first ones I sell than that then I at least almost break even, if I have this right.

MussoliniB posted:

WSB and the ilk are saying that tomorrow is “the day.” I’ve Googled all around and playing the meme market is far behind me at this point. Anyone who asks what’s going on just get ridiculed. What is tomorrow supposed to be? Anyone know?

John F Bennett posted:

Germany lost the match yesterday so get ready for a red day.

MussoliniB posted:

WSB and the ilk are saying that tomorrow is “the day.” I’ve Googled all around and playing the meme market is far behind me at this point. Anyone who asks what’s going on just get ridiculed. What is tomorrow supposed to be? Anyone know?

quote:

FINRA Orders Record Financial Penalties Against Robinhood Financial LLC
Firm Ordered to Pay Approximately $70 Million for Systemic Supervisory Failures and Significant Harm Suffered by Millions of Customers
WASHINGTON—FINRA announced today that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million in restitution, plus interest, to thousands of harmed customers. The sanctions represent the largest financial penalty ever ordered by FINRA and reflect the scope and seriousness of the violations. In determining the appropriate sanctions, FINRA considered the widespread and significant harm suffered by customers, including millions of customers who received false or misleading information from the firm, millions of customers affected by the firm’s systems outages in March 2020, and thousands of customers the firm approved to trade options even when it was not appropriate for the customers to do so.

“This action sends a clear message—all FINRA member firms, regardless of their size or business model, must comply with the rules that govern the brokerage industry, rules which are designed to protect investors and the integrity of our markets. Compliance with these rules is not optional and cannot be sacrificed for the sake of innovation or a willingness to ‘break things’ and fix them later,” said Jessica Hopper, Executive Vice President and Head of FINRA’s Department of Enforcement. “The fine imposed in this matter, the highest ever levied by FINRA, reflects the scope and seriousness of Robinhood’s violations, including FINRA’s finding that Robinhood communicated false and misleading information to millions of its customers.”

First, FINRA found in its investigation that, despite Robinhood’s self-described mission to “de-mystify finance for all,” during certain periods since September 2016, the firm has negligently communicated false and misleading information to its customers. The false and misleading information concerned a variety of critical issues, including whether customers could place trades on margin, how much cash was in customers’ accounts, how much buying power or “negative buying power” customers had, the risk of loss customers faced in certain options transactions, and whether customers faced margin calls.

For instance, one Robinhood customer who had turned margin “off,” tragically took his own life in June 2020. In a note found after his death, he expressed confusion as to how he could have used margin to purchase securities because, he believed, he had not “turned on” margin in his account. As noted in the settlement, Robinhood also displayed to this individual (and certain other customers) inaccurate negative cash balances. Additionally, due to Robinhood’s misstatements, thousands of other customers suffered more than $7 million in total losses. As part of this settlement, Robinhood is required to pay more than $7 million in restitution to these customers.

Second, FINRA found that since Robinhood began offering options trading to customers in December 2017, the firm has failed to exercise due diligence before approving customers to place options trades. The firm relied on algorithms—known at Robinhood as “option account approval bots”—to approve customers for options trading, with only limited oversight by firm principals. Those bots often approved customers to trade options based on inconsistent or illogical information. As a result, Robinhood approved thousands of customers for options trading who either did not satisfy the firm’s eligibility criteria or whose accounts contained red flags indicating that options trading may not have been appropriate for them.

Third, FINRA found that, from January 2018 to February 2021, Robinhood failed to reasonably supervise the technology that it relied upon to provide core broker-dealer services, such as accepting and executing customer orders. Between 2018 and late 2020, Robinhood experienced a series of outages and critical systems failures. The most serious outage occurred on March 2 and 3, 2020, when Robinhood’s website and mobile applications shut down, preventing Robinhood’s customers from accessing their accounts during a time of historic market volatility. Although the firm had a business continuity plan at the time of the March 2-3 outage, it did not apply it because the plan was unreasonably limited to events that impacted the firm’s physical location. Robinhood’s inability to accept or execute customer orders during these outages resulted in individual customers losing tens of thousands of dollars, and FINRA is requiring that the firm pay more than $5 million in restitution to affected customers.

Additionally, between January 2018 and December 2020, Robinhood failed to report to FINRA tens of thousands of written customer complaints that it was required to report. Robinhood’s reporting failures included complaints that Robinhood provided customers with false and misleading information, and that customers suffered losses as a result of the firm’s outages and systems failures. Robinhood’s reporting failures were primarily the result of a firm-wide policy that exempted certain broad categories of complaints from reporting, even though those categories fell within the scope of FINRA’s reporting requirements. The settlement resolves numerous other charges against Robinhood, including the firm’s failure to have a reasonably designed customer identification program and its failure to display complete market data information.

Sand Monster posted:

It's about funds re-balancing at the end of June or something. I think they're banking on it for some sort of GME price movement.

cr0y posted:

Well I'm back after my little all-cash hiatus. Whats poppin you filthy degenerates?

cr0y posted:

Well I'm back after my little all-cash hiatus. Whats poppin you filthy degenerates?