TripItUp
Footballguy
this sounded way more dooshy than I intended...my bad.It's nice to see this forum up on the ARKs...it only took about 2 years.
this sounded way more dooshy than I intended...my bad.It's nice to see this forum up on the ARKs...it only took about 2 years.
In a Bill Murray voice it's pretty damn funny.this sounded way more dooshy than I intended...my bad.
ARK G for me. $103It's nice to see this forum up on the ARKs...it only took about 2 years.
Yes, just waiting for the flood and another me to keep the species alive, but Joe keeps banning him.This forum is a ####### Ark of its own.
What ever happened to FC42? I truly hope he held NIO forever. Also wish I had tailed him.I bought 2k shares of NIO at $8.80.
China is going to dominate EV one day, this will be their leading luxury brand in doing so.
I'm going to hold this one forever.
I bought some shares there after one of the really good posters on r/SPACs pointed this out last month.Anyone familiar with $actc ? Apparently it’s directly tied to Biden and it’s a clean energy spac. One of the directors is on board the Biden energy committee
I've posted about ACTC as well as PIPP in here because both have ties to Biden.I bought some shares there after one of the really good posters on r/SPACs pointed this out last month.
SPAC - CheckAnyone familiar with $actc ? Apparently it’s directly tied to Biden and it’s a clean energy spac. One of the directors is on board the Biden energy committee
AgainSosin Clifford has been throwing millions into these three stocks daily for the last few weeks
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NeuroRx, Relief, and Quantum Leap announce the inclusion of ZYESAMI™ (RLF-100™: aviptadil) in the I-SPY COVID-19 Trial
https://www.prnewswire.com/news-releases/neurorx-relief-and-quantum-leap-announce-the-inclusion-of-zyesami-rlf-100-aviptadil-in-the-i-spy-covid-19-trial-301204909.html
in!!!ZOM en fuego - still time to jump on board - train just leaving the station!
On board!ZOM en fuego - still time to jump on board - train just leaving the station!
I, and the rest of the investing newbs, would appreciate some explanation rather than just a ticker with no context.CVS $76 $1.30 1/22
WFC $33.5 $.83 1/22
These are options with strike prices, costs and expirations. I'd suggest you steer clear if you need explanation.I, and the rest of the investing newbs, would appreciate some explanation rather than just a ticker with no context.
I spotted this one and I still can't buy any shares through Fidelity.BLPG![]()
Fair, thanksThese are options with strike prices, costs and expirations. I'd suggest you steer clear if you need explanation.
It's actually down more. It trades basically 24x7, so the 6.6% down is "today" and doesn't count the drop on Saturday and Sunday. As of the stock market close on Friday at 4pm, it was over $41k, so it's down about 20% since then.'only' down 5% now re:bitcoin
same hereI spotted this one and I still can't buy any shares through Fidelity.![]()
In 2017 I think it happened like 8 times during the bull cycle to 20k.Wow...when's the last time bitcoin lost almost 20% in a day?! Very tempted to buy some more GBTC on this pullback.
in at .86...wanted to buy at open but my sup scheduled a call last minuteZOM en fuego - still time to jump on board - train just leaving the station!
I believe his exit went something like this:What ever happened to FC42? I truly hope he held NIO forever. Also wish I had tailed him.
LMND has made up for me missing on U. Can't own everything, but man it's nice to already own the stock when MF SA announces it as the buy. Bought it mid-December and it's just about doubled all my shares. I bought 3 different times as it was right above and then dipped under $90.Maybe later.![]()
Why MSTR? If you want Bitcoin, I'd buy GBTC or BTC itself. MSTR is a revenue declining software company. I know BTC people love Saylor, but he was behind one of the starts of the dot com collapse back in 2000. Basically, they commited accounting fraud to make MSTR look profitable and it was a high flyer that crashed in early 2000 right before a few others, Enron, Worldcom, etc., were found to have been pretty fraudulent themselves.Sorry I've been awol. Typed a whole long worded post and it got deleted by accident.
The sky is not falling on btc. Now is the time to buy if you were waiting for the dip. The correction yesterday wasn't a bubble, it was over leveraged futures being liquidated en mass.
Favorite btc stocks at the moment:
1. GBTC- holding company where 1 share = 1/1030 btc. Usually trades at a 12-30% premium over market price. Other grayscale products trade at 300-500% premium but at much lower quantities.
2. MARA- bitcoin miner. Could control 7% of worldwide bitcoin mining by the end of the year.
3. MSTR- currently sitting on 70k+ btc. They should be ready to adapt fastest and strongest to future btc implementation worldwide.
Thank you for the insight.Why MSTR? If you want Bitcoin, I'd buy GBTC or BTC itself. MSTR is a revenue declining software company. I know BTC people love Saylor, but he was behind one of the starts of the dot com collapse back in 2000. Basically, they commited accounting fraud to make MSTR look profitable and it was a high flyer that crashed in early 2000 right before a few others, Enron, Worldcom, etc., were found to have been pretty fraudulent themselves.
Anyway, while they have about $2B in Bitcoin now, probably up about $1.4B or so from when it was just cash. Seems a good return, but the market cap is up $3.4B. So basically, the only material change is $1.4B or so in cash equivalents and you're paying a premium of $2B more than it's cash increase.
Also, look at today. BTC down 25% from the Friday close. MSTR down only 8%. So the premium to own Bitcoin through MSTR is more than it was. You are paying over 100% more than the GBTC premium to own a stock of a guy who had no problem with fraudulent accounting during the last tech bubble.
ETA: As you can see, I'm not a fan of Saylor, because I do remember him way back when and was friends with some MSTR employees back then. I'm not a huge believer in BTC itself, but I'd recommend just buying the real stuff.
I guess, but right now, you are paying $64k per bitcoin they have to own a share of the company. What could they do with their Bitcoin that would make it worth twice what you could buy for yourself? Why own MSTR at $64k per BTC than BTC itself at $32k?hooter311 said:Thank you for the insight.
My approach is they are going to have the biggest bag of the rarest resource on the globe. The btc owned by grayscale is locked in their shares. MSTR is going to be able to capitalize the fastest whichever direction they decide to go. If btc hits 6 figures in the next year, nobody will be able to catch up with their resource pile.
Lack of current direction is what is keeping this stock price down imo.
I kind of agree. I have been thinking about buying some and like the idea of owning a stock. That said, my post above is exactly the same IMHO. I don't see how MSTR Bitcoin is worth double GBTC Bitcoin.hooter311 said:I know I'm in the minority, but I favor gbtc over holding actual bitcoin.
Both because of the size of the tax bill I paid in 2017 cashing out of coinbase and because it was nerve racking holding that much of a digital asset anywhere when you start getting wallet keys and cold storage involved.
Utility. MSTR can use their bitcoin strategically. With GBTC it is just locked up sitting there. To date, the rise of grayscale and gbtc has been one of the biggest factors to btc's rise in price.I kind of agree. I have been thinking about buying some and like the idea of owning a stock. That said, my post above is exactly the same IMHO. I don't see how MSTR Bitcoin is worth double GBTC Bitcoin.
In at .836NajehHejan said:ZOM en fuego - still time to jump on board - train just leaving the station!
Nice. FSLY was mine when I sold it at the peak although only 100 shares were 12 baggers, rest was 7. ZM came close but only hit 8 bagger status when I sold off most of it.Is this the week AMD hits a 100? be my first ten bagger if so.
This is the one I'm really kicking myself over. Almost did the same thing but waited for it to pull back a bit as it had just risen a lot before I considered it.What ever happened to FC42? I truly hope he held NIO forever. Also wish I had tailed him.