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Stock Thread (11 Viewers)
- Thread starter St. Louis Bob
- Start date
cheering for you from the sidelines.
dkp993
Footballguy
Capella
Footballguy
C’mon, I think I’m a little older than you and I still remember that Blue Horseshoe loves Endicott Steel.
Capella
Footballguy
don’t remember movie quotes like that. Could tell you every player on the 86 Mets or 02 Bucs though.
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Mookie and Billy made for a fun WS. I was a Mike Scott and Nolan Ryan fan so pissed they lost to the Mets. I learned how to throw a split finger fastball with a rag ball because of Scott.
2Squirrels1Nut
Footballguy
Capella
Footballguy
Dwayne Hoover
Footballguy
Well I don't know about the meme rocketship but in the past week I've seen new articles in the New York Times and Barrons just to name a couple of good sources, talking about using pyschadelic drugs for ptsd and depression.
The tide is definitely turning on this.
I never thought I'd see the day when MDMA is getting a lot of credibility as a therapeutic but it's actually happening.
Capella
Footballguy
That was quite the wall of resistance at 20 bucks even. Was pretty interesting to watch.
Desert_Power
Footballguy
Great post and I like this part the most. Painful to watch his shtick next to Faber trying to talk the details of deals.Todem said:
I understand some T shareholders being butthurt on this one. I only bought in last summer and I see this as a positive sign the new CEO has a better idea about how to allocate capital than Stephenson's bad deals. He had messed up with these acquisitions.
I saw a very high yield that was likely to be cut down the line and thought even a year of it was a good bet with all of the uncertainty last summer. Probably end up getting two years by the time it closes. Do need to think about how much concentration I want in streaming and communications.
Desert_Power
Footballguy
Bob Sacamano
Footballguy
Are we going QAnon in here?
It's 3/18. No it's 4/20. 5/21. Definitely 5/21.
Well, believe it or not, even I have a few shares, gods help me. Very few. I bought o. Some dipsand sold on some pops. So...
Letsgo!!!!
I guess that dip I was thinking about is on its way and the “stability” I thought about was quickly defeated. Man, this is some seriously volatile ####.
All I know is that I have no clue.
Know thyself. Someone wise once said that. Keep referring back to todem’s principles: patience, buy good names at good prices, use a long term time horizon, sell covered calls on names that get frothy.
Or listen to the unwashed and uneducated like me who says that today is s good day to buy into crypto. ETHE for me, maybe GBTC.
No worries. I’ve been holding off buying for a while outside of UPST (still should have added more to replace other things). I’m good for long term, just amazing how volatile it’s been. I’m not so sure about crypto right now.
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McBokonon
Footballguy
McBokonon
Footballguy
On the plus side, my 401K will make its bi-weekly mutual fund purchase based on today’s closing prices. So, I have that going for me, which is nice.
2Squirrels1Nut
Footballguy
2Squirrels1Nut
Footballguy
Remember all, looking out 10,15,20+ years, downturns are great buying opportunities. Lol. Enjoy the extra $40, just don’t look at anything else on your apps, focus only on the activity history for today.
My last one went in after that great pop on Friday, woot!
Caveman33
Footballguy
I feel like we've entered a new frontier. Between the QE and our mounting debt, it will be interesting to see how the next 20-30 years play out.
I said that last March and I think I got one good contribution in before it jumped but looking back, the 401ks really have had a great year. Honestly, I kind of wish it had dragged on a bit longer to keep buying low.
BassNBrew
Footballguy
2Squirrels1Nut
Footballguy
Look at the last 20-30 years for your answer.
ETA
To steal a quote from MIB "There's always an Arquillian Battle Cruiser, or a Corillian Death Ray, or an intergalactic plague that is about to wipe out all life on this miserable little planet"
The stock market is the same way.
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Maybe not that.
In the grand scheme of things, I wouldn’t be all that opposed to a flattish period like the prior couple decades where you had a big crash and a recovery/flat for a while then another big run. Just gotta remember to pull the rip cord at the right time after the next run up and enjoy living life in retirement.
Honestly, compared to my last bad days, this one isn’t that bad. I’m more or less in line with the market and usually on down days I’m way down and on up days way up. SoFi and TTCF keeping on.
Caveman33
Footballguy
But the QE started in 2008 and it takes time to feel the full effect. The Fed appears to be in a tight position trying to balance inflation and their ability to service the debt. My POV is that our current situation is no longer comparable to the past.
BassNBrew
Footballguy
The SPACS are actually pretty strong today.
So glad I got out of the pretend money mining business. Just wish I'd dumped all the pretend money on the last run up.
David Dodds
Administrator
I can't predict the future, but some of us saw this market selloff coming today with all of the SEC, DTCC, OCC, and ICC regulation changes being approved. If my due diligence is correct, this market correction will trigger some margin calls and these new rules will force liquidations of hedge funds that were flying too close to the sun with extended short positions against GME. I suspect that day is going to be Friday for a host of reasons, but I am hodling for as long as it takes.
by 6/9, we will all know how many votes were cast. That will be the first real number and how oversold this company is. I again suspect the synthetic shares to be a mind-numbing number.
BassNBrew
Footballguy
Man you have balls of stone. Hard to play this game when Musk is gambling with crypto.
David Dodds
Administrator
In the latest 13F filings, Michael Burry's fund has a $500M PUT against TESLA. The biggest player against GME has been Citadel and their allies. If some of these allies fall, TESLA will fall as Citadel is long on Tesla.
Capella
Footballguy
Typically it pops sometime on Friday or later in the week. I’ll only have it till then.
