T O P
Sgt_soresack

Lrs ready for another pumpy pump


turbulenttoaster

Just bought the dip on MNS yesterday and it dipped 6% today lmao


mrpark3s

/u/mcfucking can I have a 2nd bet to multiply/decrease time served if my original bet is lost? If xjo is green on Friday take two weeks off the bet if it's red add one more month. Original is zip(Z1P then) hits 99c or 2 months ban.


mcfucking

We can always go more extreme. Never less. I actually had you down as losing this (half written post) but today has me thinking you very well could win. We don’t add to bets like this, but in the event you lose you can beg for a double or nothing.


mrpark3s

Yeah that's a fair call, I was just a bit itchy for some extra action. With it so close to the wire would be a fun Friday if xjo was involved too. Thanks and keep up the hard work. Can't imagine how you guys track all of them neatly.


mcfucking

Just have them compiled into a post that never goes live. 1 long term 1 next bans post. Just add, subtract and copy past as needed 👍 Takes a bit of time going back through comments and adding them but it's worth it.


Triog0n

This is a betting subreddit and high risk locations are all the rage. But are people really that suprised that projects in Africa get dumped the hardest when the risk free rate increases. If all the Tier 1 projects are getting cheaper and more attractive mine in the middle of nowhere in the DRC one of the most unstable countries on earth certainly aint keeping holders.


staytha

African U is *chefs kiss* delicious atm Inb4 muh sovereign risk for the whole continent


maybethough

Not sure. Ivanhoe, Sibanye Stillwater etc have been holding pretty well tbh. At least as well as the Australian majors. The africa-based platinum and palladium mid tiers have been bucking the trend as well. Their coal specs (Thungela) have gone parabolic too


Triog0n

Probably but historically Africa is the last place to receive funding and the first one to get dropped when other equally profitable projects are available due to risk. The interest premium on debt financing given to African miners will be sizeable right now compared to peers in Tier 1 locations. Not all African countries get hit hard, but DRC is one of the riskiest locations globally to run a project so I can see why its hit hard.


staytha

if you liked the stock at 10c you should like it more at 1c


sulmar

I remember very clearly I was at work and decided to check TNT. Around mid-day, there were a fair few million shares sold in a matter of just minutes (big orders, like in the hundreds of thousands). Anyways I was left bit confused but the next morning, they had some update and the stock dropped 30% or so instantly. Point of that lame story is insider trading exists and if the T20 are selling out or management, it can be disastrous. If its just retail selling down and is due to macro-factors, then yes I agree with ya.


shitredditsays01

example zippie


sulmar

ZiP is just useless lol.


ybsh_

Only really applies if you have money to average down lmao


CaptainScorandum

I spent the rest of my money today. ☹️


staytha

Lmao also true I forgot where I was for a sec


Shawzus

Green. Who ever bought 1 share of TMT to push it to 2.13% up i salute you.


I_P_L

All my gains are leaking :(


ImMalteserMan

I think everyone is in the same boat unless you've been lucky. Have had 5 figures of gains wiped out in 3 1/2 weeks. Not too concerned personally because my investments aren't speculative but I can't help but feel I should have taken a small amount of profits off the table.


Atzzie

What are peoples thoughts on BMM, I know it's crazy political and if Rio can't then who can...but after today's drop it seems a nice little pickup?


justplaino

What are your thoughts on uranium, short/med/long term? That should help you


Atzzie

How does that help on a lithium play?


justplaino

Lmao my bad misread as BMN


EMHURLEY

Anyone else own that absolute mutt of a dog stock TMZ? At this point it’s not even worth the cost of a bullet to put it down, and I reckon tomorrow will be even worse - going below 2 cents


Shawzus

I remember telling someone at around 9c it was going lower due to a CR. Don't think they listened RIP


EMHURLEY

Probably me, confirmed retard


Shawzus

Aghhh well Live and learn. Averaging down can absolutely destroy capital. Perfect example. Some stocks don’t come back


RETAW57

It has a cap raise imminent, so it will be under pressure till they do it, not sure why the board are intent on extending that suffering, just raise already. It looks interesting, but i'm not brave enough to buy in until the raise is done and they outline forward plan.


EMHURLEY

Probably hoping for a miracle so they can raise at a better price, but that ship’s long sailed. I’m down 80% so just going to wait it out at this point


Mr_X2017

SYA? More like CYA gains.


dressedlikerappers

Lost 7% today. 3 weeks ago I was up 42% Now I’m at 11% and I reckon that’s gonna get wiped I’ve joked about it a lot the last few days but this is really fucking hurting me now, the beautiful fucking irony that I started investing so I could get a deposit for a house and then they raise interest rates and caused my stocks to crash significantly that I won’t be able to buy one for some time.


kyuno7

I was up 154% 4 weeks ago and now my entire portfolio is down 25%


cohex

The question, where do you think it'll be in 6 months, 1 year, 2 years? My random goal is to look st 5 years. Hopefully combination of housing not being shit and EV boom/uranium squeeze will see me in a better position. GL.


dressedlikerappers

well I need a bigger house within 12 months because we wanna have a kid and our townhouse is too small. it should be okay though, just means more saving/more scrimping I guess.


Alexis_Dirty_Sanchez

You’ll own nothing and be happy 🙃


BrettoStevens

I LOVE THE GREAT RESET!!


wookace

Wtf is going on with the lithium sector? Is the dream over… tune in next week


MAPABI

"Stawwwp. I'm bleeding"


The_Tempestuous_Man

Where's our RAC guy? Must be negative now.


[deleted]

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zupahorse

Down, Down, Prices are Down


Educational_Peanut17

Guys… ngl today fucking hurt 😞


Man_with_a_mortgage

Our IVZ staying strong 💪


BrettoStevens

Bahahahahah I'm not going crazy guys, I love buying stocks so much and my portfolio is performing so well... definitely haven't been negative for like 2 weeks in a row


InterestingShow1112

Wow May sucks -5.52%, green for the rest, please.......


SugeKnight_StandOver

Autist: Hey ASX how are you? ASX: Hey I'm gonna [smesh](https://www.urbandictionary.com/define.php?term=smesh) your boy. When used as a verb , [smeshing](https://www.urbandictionary.com/define.php?term=smeshing) is superior than smashing and always results in changing the face of the smashed guy. This is the highest purpose for anyone following the Smesh code.


SnooDonuts1536

Would be pretty funny if we are RED again tomorrow


AltruisticCurtains

I actually managed to finish green again today (barely, at 0.11%), though combined with yesterday's 1.26%, I'm not complaining. Beating the market... for now.


_It-is-what-it-is_

.06% in the green today.


raegrog

At 11am I was +2% at 4:15 I was -8%..


Dont_Forget-To_Floss

Hello May. How are you. Yea. Look. No one likes you. Please do not be as bad of an influence to your mate, June, like you were last year. Sincerely yours, Bets.


Tenconeslater

Was up 3% at one point and finished down 2.2%


3redf

I was up 250k on IOU, now I'm up 4K with a preapproval based on being up 100k... yayyyyyyy


NearbyComfort

Just tell them you'll write them an IOU


Drswing69

Wow, true diamond hands. Are you buying more sub 0.10? I'm toying with it, given the sentiment has gone down the toilet.


3redf

just wait for the cap raise


No_Consideration1811

Can banks grant pre-approval on stocks you hold? Like, you don't need to sell them for it to count?


3redf

I basically told them here is my deposit so it was all rolled into LVR


dangertaste

I'm going backwards after today. Don't know what to do so I'll just do nothing. 🤷


BigProcess1025

All of lithium bleeding out of its ass except GLN! Only a mild trickle :)


Call_me_a_noober

GLN fell harder in the previous few red days though...down 25% in a month same as LPI, LPD, LKE, PLS...LTR/LRS down over 30% in a month...sector wide pummelling since China locked down pretty much.


BigProcess1025

Oh for sure. I'm just happy it didn't fall out of its own ass today.


Texas_Tom

What a brutal day


StinkyFatWhale

Shoutout to the mad lad cunt that put in a $4 order of ivz to ensure we finish today green. Lol Real trooper


TheRubyKnife

QPM and ESS could have at least bought me breakfast after that.


ohgoodonya

I'm keen to get on some more QPM in the 12.5-15c range if it keeps heading this direction


TheRubyKnife

I've topped up in that range before, I probably would again, if it hits there. I'll just continue on in my blind hope that eventually someone will just throw a tonne of cash at it because optically a carbon negative thing looks good.


Markma1989

ROG is going to 0. What a fking dog. 520k massive sell.


mison82

Barry you cunt ! -8%


Blisser_the_Sniff

Captains log, deep space, day four of green, we’ve got another pip, I repeat, we have a pip.


aaronrizz

Looks like a tonne of LPD options are going to be left to expire RIP.


TheForceWithin

IVZ finishes green👏


raegrog

Finished -1.85% ?


TheForceWithin

Check now after the post 4pm auction.


raegrog

My bad, I checked self wealth, google and market index after you posted. Obviously didn't refresh


Competitive_Copy2451

Coming in clutch to close at a new ATH for the 4th day in a row.


kangaroute

ok. im convinced. morningstar must be a subsidiary of lifeline or beyond blue. their valuations really make me smile and happy. depressed about your stonk performance? read a morningstar valuation on it.


Drswing69

lol...obliterated!


yothuyindi

Small caps / speccies copping it as the big $ moves even more into profitable companies in a changing economic environment with less free stimmy to throw around 💯


BigJimBeef

Well another day another -2% well -1.5%


shadowbastrd

And I was feeling so optimistic this morning.


shitredditsays01

Star Wars lied to me, the force was not with me today.


Tommy23L

The dropshipping course offered by some bullshit guru on Youtube is looking like a better way to spunk my cash than this shit.


marcy11111

Does anyone know when in may NMT will commence operations on their stage 1 plant in hilchenbach?


SnooDonuts1536

Wife gonna complain about our portfolio again tonight when she gets home. What is good excuse this time?


poptartape

Ask her if she can do a better job of picking stocks


oncemauled

the force wasnt with us today


AuntieBob

https://imgur.com/gallery/pwAwPBP


oncemauled

help me obi-wan, today you are my only hope


coastie_trader

Tell her "bitch I've priced it in....now where's my dinner?" Too much??


UncleChunkz

Super Volcano. 🌋


here2FuckSpiders2

U were busy all day with your pregnant side chick .


jtrulerededit

Blame her bf


coastie_trader

i love this


EMHURLEY

The SRN retrace has begun. This could get ugly.


Aggravating_Set980

Of all the stages of pain today has produced, now that it’s closing time I can honestly say ... ... fuck bit of an overreaction YA STINGY cunts. IM STILL STANDIN YE YEA YEAA 🎶


willybhoy1

🎶 And I think it's gonna be a long, long time till touchdown brings me 'round again🎶


raegrog

FIRE SALE🩸🩸🩸 surely everything is over sold, holy fuck!


Any-Juggernaut972

Let's go shopping!


raegrog

Not shopping until May is over, I'm done catching knives.


newtothepill123

Been saying that a for a few months now....


jtrulerededit

Officially the worse day for me. So far over 25000 down today. Bring on Barry!!!


Electronic-Answer-24

-12k here. I'm not that worried, as things will go up again after the correction


jtrulerededit

26000 after Barry


dynamic_cubemap

-11.5k - total fkn shitshow.


GeoSciFi

\-$40k, faaaark...


Ruskiwasthebest1975

Same. Worst day ever.


kyuno7

12000 here


coastie_trader

1500 here


BeardFactory

AGN market depth is looking pretty cooked. I think the month of free falling has finally shaken out anyone who would have sold and it’s just the bots battling each other now


fractured_bedrock

Not long ago I was up 100% on AGN, now down 6%...


BeardFactory

My brethren, I’ve been waiting for another AGN holder. I’m in the same boat, bought in at 52c, fun ride to $1 and now we’re in 40s. I think once ethics announcements and phase 1 stuff gets underway in a month or 2 it won’t take long to push $1 again.


crystalmethuwu

Where do yall see IBG price going in half a year’s time?


oncemauled

about there


UncleChunkz

To the right.


coastie_trader

Listed Co. "we found intelligent life in space.....in may" ASX - "priced in" Listed Co. "we cured cancer.....in may" ASX - "priced in" Listed Co. "we've just received a license to print $$$....in may" ASX - "priced in"


Nevelo

RBA “We’re going to do the thing we literally talked about for months” ASX - “wtf?”


coastie_trader

market has literally had 12 years to prepare for it lol


The_Tempestuous_Man

Christ today hurt


Several_Alarm5357

Today really hurt hopefully tomorrow is better I doubt it though.


imapassenger1

I'm sure I was green in the first hour this morning... must have been the aurora.


captain007

In this part of the country?


mrpark3s

4c left for my ZIP bet. It's going to be close...(hit 99c by end of Friday) Any word on the BKT trading halt? (ooof Capital raise time.)


Sufficient_Guess2732

Will be a close one indeed I think your safe, but you never know maybe some bounce left in the cat yet.


ProfessorJimHarris

I thought IHL was supposed to go to the moon? Maybe tomorrow..


VastRequirement1520

Puff the magic dragon 🐉


UncleChunkz

Sometimes maybe good sometimes maybe shit.


drail85

Malaka


Jumpy_Instruction_73

fucking boomers must be laughing all the way to the bank (pun intended)


Tenconeslater

c'mon IVZ afternoon jog


SunkDestroyer

I hope the housing market actually crashes.. Obviously I feel terrible for anyone that legitimately is just trying to get by and live in the house that they have bought but I am fucking done with people using real estate as a means to make money. The whole system is fucked.. All the way from older people not qualifying for the pension as they own "too much land" (this isn't big farms by the way - a common bush-block is enough) thus really needing to buy property as their super isn't going to cut it - to the wankers buying up as much property as they possibly can for maximum profit. Laws needed to change a long time ago to make it fair for the average person to own a place.. But its become a pissing contest.. I don't know the answers but something needs to change. I personally don't let not being able to afford a home affect me as the only time I would buy is if I could pay it outright but I have many friends that get very depressed about the issue. Eat the rich.


Andrew_Higginbottom

110% agree. I'm 49 years old and each time I try to get my first house, the goal posts keep moving. Its fcked up how the government is allowing the rich to push the goal posts further and further away from the common man, to turn the wealth gap into a chasm. I'm sick of power tripping property managers expecting me to kiss their arse whilst they treat me like shit or I'm homeless. Its fcked up.


YouHeardTheMonkey

Look up Japanese asset price bubble on wiki. Replace Japan with Australia in the text and edit the years. Watch history repeat.


Triog0n

Wanting housing more affordable is good. Wanting the housing market to crash is honestly a bit horrible. Families could end up homeless and I'd rather wait a few more years to save up than watch people lose everything. At least people making money on housing gives jobs and investment, encourages more homes to be built and apartments. Buying shares off the market as opposed to directly from the business is hardly productive for an economy. Its just people swapping paper money between each other. The business gets nothing, the economy gets nothing but billions are tied up in a paper system. I don't own a house its fustrating but honestly more investment not less is needed to drive an increase in supply. There are countless studies on why Government programs don't work and only make things worse. Over time supply will increase, demand will drop, prices will equalise thats a market. And I know people meme you can't buy a house because of a latte, but coffee is like $5. If you buy one a day on the work to work thats $25 a week for 52 working weeks a year thats around $1300 a year on coffee alone. You can save up a lot of money living frugually af for like 4-5 years to get an extra 10-20k for a deposit.


oncemauled

wait people cant make moeny off real estate? then who the fuck do I rent from? I am sure you thought that through, so I am a little confused how you mean it to come across. Pensioners who own second properties have that issue, no home ownership effects the pension eligibility, so yeh, sell it off and use that money before expecting govt assistance. So again not sure what you were trying to mean or just misunderstood. So buying something, then selling it for profit is bad? You choose to wait till you have all the funds for outright buy, then complain the price goes up while building that fund? yeh ok, sure thats everyone else's fault. Good luck with that


SunkDestroyer

Like I said - I don't know the answers. Property should have never been allowed to become an income model You buy it, you live in it and when you want to move on you sell it and move to the new place. < thats how it should have always been. I don't fucking know man maybe im just a salty dog


Andrew_Higginbottom

Not salty, 100% correct.


oncemauled

so how do people rent? How does a farmer in the city growth area turn their farmland into housing development? Cant even subdivide? I dont knwo the answers either, but I know the basics that make it obvious, yeh youre salty cos others got and you dont want to plauy that game. Ok your rules, play by them, but dont expect others too and dont get pissy if people do what they want with what they own.


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SunkDestroyer

It's disgusting mate. There's a reason I don't look at real estate - I'll buy a house when I've got the money and I actually find a house I WANT to live in - not some fucked up dungeon for the sake of a few $$.. I've had a couple of people tell me to just buy a cheap as house just to get into the market and then rent it out and keep going from there.. I just don't see the appeal to adding to the problem at all but many people have that mentality.


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SunkDestroyer

Good on you mate! That's awesome to hear! Like I said I don't let it get to my head and I don't even look at property. Getting a specialised/interesting career is my main priority at the moment It'll bite em all in the ass Keep up the good work legend 🍻


UncleChunkz

Yeah bro the shit is just dumb. Investing in housing needs to go back to having actual risk.


dick-face-dick-face

imagine bleeding every cunt dry and then telling them they're wasteful because they buy a latte to feel something.


BuiltDifferant

No shit, little pleasures in life are important. Makes us human.


BuiltDifferant

Means to make money and use it as social status I own a property in said affluent suburb. Can’t stand these people, aww I kicked out the last tenant so I could make an extra $50 a week. Like do people not actually care about human beings it’s fucked. If I ever rented out my place I’d let it be to a family or young people and way below market rates.


SunkDestroyer

The human disconnect is provided with the help of real estate agents. You don't need to look your tenants in the eyes while you increase their rent or offer them a "it's my way or the highway" deal.


Andrew_Higginbottom

So fcking true! ..I've been renting 6 years in Australia and you're spot on, Property managers get into the 'glamorous' game of selling real estate, but to pay the bills they find themselves in the distasteful (to them) world of having to deal with landlords and tenants. They hate the job, the landlords use them as a buffer for fcking the renters over and they power trip on what they see as 'low life renters'. I've rented in 4 different countries and this phenomenon is by FAR the worst in Australia.. What's in the water here? Just a thought: Out of those 4 countries, Australia is the only one who means tests for the pension. Hmm... Governments mean policies creating mean people? On the surface Australia is a beautiful, heartwarming country ..but since being here 'on the wrong side of the fence' and through covid. I've witnessed a real dark side to Australia. ..ESPECIALLY after seeing how Victoria has dealt with its people who refused to conform to the jab. On youtube, those scenes of how they treated the protestors looked like something from a third world dictatorship ..really disturbing. I traveled the whole of Australia in the year 2000 and my first impression was that its past was UK, its future looked more American. Now it seems its future is more Chinese style. The government have been rubbing shoulders with the Chinese government for trade for a long time now ..and it would be foolish for us to think that they haven't been learning population control from their counterparts too.. Sorry, I've gone on a political rant.. ..just a touchy subject for me right now ..as I asses my longterm future in this country that I love for so so many reasons.. But as my Hungarian grandfather who experienced a lot of brutality through the war always says "You can't eat beauty, beauty doesn't keep a roof over your head and it doesn't warm your house"


BrettoStevens

Down like +30% on like half my portfolio, and they said diversifying was a good idea...


olilam

FML


Markma1989

I thought you meant FMG.


Jumpy_Instruction_73

fuck my girl?


Markma1989

My wife is on vacation with her boyfriend anyway.


DontDoTheDo

There’s less waka waka and more Tsamina mina today :(


kangaroute

im hearing more sobbing


imapassenger1

RNU offers share purchase plan to raise $10 million - price 27c per share. Current price ~23c. Hmmm.


Instantly-Regret

but you get to choose the colour of the shares you get from the purchase plan?


UncleChunkz

The shares contain potassium benzoate…that’s bad.


Instantly-Regret

can I go now?


Ruskiwasthebest1975

So. Do we think tomorrow will be similar?


SnooDonuts1536

Priced in


Doomkoon4648

expect the worst that way your not disappointed.


AppleSalty2916

I'm in pain


SnooDonuts1536

Have some panadol


bootros44

I clearly invested in the wrong pyramid scheme.


captain007

Is it just me, or is the ASX being a real virgin lately?


skullofregret

Barry is buggering the corpse of my portfolio as we speak. Hopefully better days ahead.


9aaa73f0

Not just ABB doing it hard in Telco Sector; Spirit (ST1) at multi year low, accelerated fall recently Swoop (SWP) has been listed for nearly a year, now half its peak, near a low. Even TPG is pretty low.


RedditBotBeepBeep

Everything is fuct.


openlawnie

CMM my only green. Maybe I should sell before it realises its going the wrong way


staytha

LKE below my sell price 🤌


Particular_Love_8811

https://youtu.be/1lWJXDG2i0A


zemadfrenchman

Was feeling guilty about selling the last of my IHL a couple days ago at 40c to raise some cash.. Feeling much better about it today


dharlem39

The world on the brink of WW3 and no one panics. Interest rates rise and everyone loses their minds.


The_Purple_Eagle

Priorities mate. 👍


skullofregret

.15% rise: priced in .25% rise: real shit


Mother_Limit_1398

🤣


Oxi_Dat_Ion

Dying on CDTO rn


jjhickson123

Mate every time i open up sw it just keeps getting worse


catch-10110

Checks XJO: why is everyone whingeing today? Checks XSO: ohhhhhhhhh.


Nevelo

XEC: oh my …


Calm_Lengths

Checks XEC: -2.22% 😵


SnooDonuts1536

Are we getting JobKeeper 2.0 for this crash?


buffalo_bill27

Need Stonk-keeper; a $1500 payment into your CDIA to buy whatever you want.


Shawzus

Time to grab some popcorn and head over to AVZ HC for some laughs. From "life changing company" to "i cant believe the asx allows shorters" in a few hours


RockyRoaded

Fuck you AVZ.


mtwhi

Yeah was the announcement that bad? It really shat the bed.


Fostered_meme

Breaking news today I’m down 800 basis points. Yes I know it’s not the correct use of the term.


Aggravating_Set980

Hope everyone is ok, especially if you refresh this shit at work as well... Ugh 🤮 Houses better take a fucking hit in price if they doing this to my damn stocks.


CaptainScorandum

That’s what I’m counting on. Looking to buy in a year or so.


buffalo_bill27

They are, it's just not as visible because you can't trade houses like stonks


Aggravating_Set980

*because you can't trade houses like stonks* Chinese dude with gold glasses at seemingly every auction enters the chat