Stock Thread (11 Viewers)

[Desert_Power]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

The number of devices still using Windows 7 is alarming. We had to develop a (long-overdue) policy about use of unsupported operating systems, browsers, etc. Which Win 10 is going to turn into a problem due to the number of people still using it.

It's one thing to tell 1% of your customers (yes, seriously) they need to stop using devices on Win 7, and that they can't connect to your systems doing so. It doesn't matter how well you explain to them it's for their own protection as well and the potential implications ("You gonna buy me a new computer?!?"). It's another when it becomes 25% of your user base (I'm guessing forward).

Windows 7 is spiking as well: https://www.windowscentral.com/micr...ndows-11-in-wake-of-windows-10-end-of-support

MSFT just cannot avoid the allure of making their key products worse.

 

[Nugget]

Wow...everyone headed for the exit at the same time today.

China fear and profit taking into the weekend makes sense.

 

[BassNBrew]

Trump threatens ‘massive’ tariff hike on China over rare earths dispute​

Published Fri, Oct 10 202511:11 AM EDTUpdated 2 Min Ago

Well that explains it. 100% sure that certain folks established short positions this morning. Announcement of a deal to follow Sunday or Monday.

 

[BassNBrew]

Well this is shabby reporting.....

Headline...Dow drops 270 points in rapid move after Trump says China becoming ‘hostile,’ cancels Xi meeting

Details...“I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so,” Trump added.

Mortimer....SELL!

 

[Bob Sacamano]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

The number of devices still using Windows 7 is alarming. We had to develop a (long-overdue) policy about use of unsupported operating systems, browsers, etc. Which Win 10 is going to turn into a problem due to the number of people still using it.

It's one thing to tell 1% of your customers (yes, seriously) they need to stop using devices on Win 7, and that they can't connect to your systems doing so. It doesn't matter how well you explain to them it's for their own protection as well and the potential implications ("You gonna buy me a new computer?!?"). It's another when it becomes 25% of your user base (I'm guessing forward).

Windows 7 is spiking as well: https://www.windowscentral.com/micr...ndows-11-in-wake-of-windows-10-end-of-support

MSFT just cannot avoid the allure of making their key products worse.

Explain this to me like I'm shuke.

This is like Michael Vick putting his weed into a fake water bottle to get it through airport security.

 

[MTskibum]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

The number of devices still using Windows 7 is alarming. We had to develop a (long-overdue) policy about use of unsupported operating systems, browsers, etc. Which Win 10 is going to turn into a problem due to the number of people still using it.

It's one thing to tell 1% of your customers (yes, seriously) they need to stop using devices on Win 7, and that they can't connect to your systems doing so. It doesn't matter how well you explain to them it's for their own protection as well and the potential implications ("You gonna buy me a new computer?!?"). It's another when it becomes 25% of your user base (I'm guessing forward).

Windows 7 is spiking as well: https://www.windowscentral.com/micr...ndows-11-in-wake-of-windows-10-end-of-support

MSFT just cannot avoid the allure of making their key products worse.

I have a laptop that is only 7 years old and cost 4500 dollars. It has a xeon server processor, raid hard drives, etc. This computer is still lightning fast with a 6 hour battery life.

However, because it is slightly too old it is not windows 11 compatible

I will be installing Linux on it next month. I need to start shifting my other devices over in general, i think steam OS is going to be the downfall of windows in the long run just because now most developers need to make their games linux compatible where they did not have a reason 3-4 years ago.

If they can ever complete the below project, then Linux will be more secure than apple.

Rust for Linux - Wikipedia

en.wikipedia.org

 

[Capella]

Well that sucked.

 

[Desert_Power]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

The number of devices still using Windows 7 is alarming. We had to develop a (long-overdue) policy about use of unsupported operating systems, browsers, etc. Which Win 10 is going to turn into a problem due to the number of people still using it.

It's one thing to tell 1% of your customers (yes, seriously) they need to stop using devices on Win 7, and that they can't connect to your systems doing so. It doesn't matter how well you explain to them it's for their own protection as well and the potential implications ("You gonna buy me a new computer?!?"). It's another when it becomes 25% of your user base (I'm guessing forward).

Windows 7 is spiking as well: https://www.windowscentral.com/micr...ndows-11-in-wake-of-windows-10-end-of-support

MSFT just cannot avoid the allure of making their key products worse.

I have a laptop that is only 7 years old and cost 4500 dollars. It has a xeon server processor, raid hard drives, etc. This computer is still lightning fast with a 6 hour battery life.

However, because it is slightly too old it is not windows 11 compatible

I will be installing Linux on it next month. I need to start shifting my other devices over in general, i think steam OS is going to be the downfall of windows in the long run just because now most developers need to make their games linux compatible where they did not have a reason 3-4 years ago.

Yeah. I have a rig about that same age. It isn't super powerful, but will be trying to get Linux on it soon too to play my older games in peace.

All of the One Drive and Copilot garbage on 10 is bad enough.

 

[General Malaise]

VRT party still rocking.

Doubled up yesterday and sold half. Thanks for the rec on this one.

(Guess I should have waited one more day, but those free rides sure feel good!)

Lol....you bought around March 3rd too, eh?

 

[General Malaise]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

Oh boy, there's going to be some beleaguered IT guys out there very soon.

 

[General Malaise]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

The number of devices still using Windows 7 is alarming. We had to develop a (long-overdue) policy about use of unsupported operating systems, browsers, etc. Which Win 10 is going to turn into a problem due to the number of people still using it.

It's one thing to tell 1% of your customers (yes, seriously) they need to stop using devices on Win 7, and that they can't connect to your systems doing so. It doesn't matter how well you explain to them it's for their own protection as well and the potential implications ("You gonna buy me a new computer?!?"). It's another when it becomes 25% of your user base (I'm guessing forward).

I think the only laptop I have is rocking Windows Vista. I haven't turned it on in years. I bet it fires up, though!

 

[General Malaise]

Well that sucked.

I'm up 1% on the day.


TIME TO SELL EVERYTHING!!111111111

 

[The Longtime Lurker]

VRT party still rocking.

Doubled up yesterday and sold half. Thanks for the rec on this one.

(Guess I should have waited one more day, but those free rides sure feel good!)

Lol....you bought around March 3rd too, eh?

Thereabouts lol.

When the bat signal went out i jumped. Heart said hold, head said take the free ride.

I don't participate much in here, but i love following along. You guys and this thread are pure gold.

 

[FreeBaGeL]

I guess I just never really understood this “we’re about to crash” or the bubble is about to pop stuff. What are you going to do, take your money out? How would you know when to get back in?

Not sure which conversation you're reading but usually de-risking means moving money out of frothy stuff up 500% based on hopes and dreams and into safer blue chips or ETFs. I haven't heard anyone advising people to get their 401k's out of the SP500 and convert to cash. Most of the talk in this thread the last few months has been about stocks with 90% downside, not 15% is all I'm saying.

It's exactly like it was last time. Lots of play money accounts that have grown into real accounts with the gains, creating a false sense of security around stocks that are not at all safe, with plenty of plausible indicators for that to change that we'd all look back on and say "well, duh" after it happened.

Just offering that out there. 95% of the stuff that's been talked about in here the last 3 months is absolutely capable of doing a full round trip back to lows that seem impossibly far away right now, and most people did not buy in at that bottom.

This is a tough one. For example Draganfly is up 463% from when I mentioned it in the thread around June 17. I have trimmed on two occasions so I'm down to 35 shares. Part of me wants to close the position and call it a huge win, part of me wants to free roll the rest and see if it joins my Palantir shares at 1450% gain. I suspect any stops I set would be useless as it would blow right through them.

Draganfly is a great example because I still own shares of Draganfly I purchased in 2021 at an $85 cost basis.

It got as high as $370.

That means I had it at a 435% gain from my purchase. Eventually not only completely round tripped, but at the bottom actually lost 97.5% on that buy. That's from the buy-in price, not from the peak when it was up 435%. That would represent a 99.994% loss.

Draganfly is a penny stock.

Like last time, everyone has shifted expectations. Penny stocks are "low cap". Low cap stocks are high cap. Medium cap stocks are blue chips.

They aren't. BROS, AXON, APP, PLTR, etc. These things are no less capable of a 90% drop than ZM, DOCU, BABA, RIVN, UPST, or 50 other similar tickers were last time.

Great post. And if you have some of those from before to net against gains from now, even better.

Not sure how I feel about AXON being with these others though. It's been a pretty steady build?

AXON definitely shouldn’t be lumped in with those. It’s been a steady compounder for many years, well before AI became a thing, and is doing it by creating a sticky, dominant ecosystem in a market that isn’t going away (law enforcement). They have one small AI offering (First Draft) that users love but it’s barely a blip right now.

ETA: It’s expensive as ****, though. It seems to be going through a healthy consolidation right now.

Not lumped in in the sense of AI exposure, but lumped in in the sense of people being overconfident in its safety and wildly underestimating its downside risk.

We're talking about a stock that since mid 2022 is up 760% on a 140% increase in revenue. A market cap matching Airbnb or Hilton with 1/6 of their revenue.

Of course, they have the growth to back it up. But at the first sign of growth weakness, especially if we're in market conditions that are soft for other reasons (like if the ones we've been talking about come to pass) and people start thinking about being risk-off, then people can race for the exits on these types of stocks.

Meta grew YoY for 20 years consecutively. All it took was one quarter of negative YoY user growth in a weak market and the stock took an 80% haircut. The P/E ratio nearly hit single digits. Netflix was the same. Nothing but growth for their entire history, leading to a huge P/E. A few little signs of slowing growth in a market struggling with other stuff and the narrative flipped, growth was over, P/E contracts massively.

Not to say that it's a bad stock or anything bad will happen with it. Just an illustration of where mindset and exuberrence have moved. In a normal market a stock like this is considered at the tippy top of the risk spectrum. At current levels of exuberence where people have moved on to literal penny stocks, it is treated as "safe".

Is sub $300 AXON a possibility if the market de-risks and/or the growth inevitably slows? Of course it is. Heck, it would still be expensive at that price.

 

[kevzilla]

Bought some Almonty. I have an order in for Desert Mountain Energy...a little ambivalent about whether that one fills.

 

[BassNBrew]

Appreciate all the advice in here. My speculative stuff was up this morning 5-10% for the most part so I trimmed everything back to 5-10 shares. Also added some more Tesla 2x bear.

 

[McBokonon]

I guess I just never really understood this “we’re about to crash” or the bubble is about to pop stuff. What are you going to do, take your money out? How would you know when to get back in?

Not sure which conversation you're reading but usually de-risking means moving money out of frothy stuff up 500% based on hopes and dreams and into safer blue chips or ETFs. I haven't heard anyone advising people to get their 401k's out of the SP500 and convert to cash. Most of the talk in this thread the last few months has been about stocks with 90% downside, not 15% is all I'm saying.

It's exactly like it was last time. Lots of play money accounts that have grown into real accounts with the gains, creating a false sense of security around stocks that are not at all safe, with plenty of plausible indicators for that to change that we'd all look back on and say "well, duh" after it happened.

Just offering that out there. 95% of the stuff that's been talked about in here the last 3 months is absolutely capable of doing a full round trip back to lows that seem impossibly far away right now, and most people did not buy in at that bottom.

This is a tough one. For example Draganfly is up 463% from when I mentioned it in the thread around June 17. I have trimmed on two occasions so I'm down to 35 shares. Part of me wants to close the position and call it a huge win, part of me wants to free roll the rest and see if it joins my Palantir shares at 1450% gain. I suspect any stops I set would be useless as it would blow right through them.

Draganfly is a great example because I still own shares of Draganfly I purchased in 2021 at an $85 cost basis.

It got as high as $370.

That means I had it at a 435% gain from my purchase. Eventually not only completely round tripped, but at the bottom actually lost 97.5% on that buy. That's from the buy-in price, not from the peak when it was up 435%. That would represent a 99.994% loss.

Draganfly is a penny stock.

Like last time, everyone has shifted expectations. Penny stocks are "low cap". Low cap stocks are high cap. Medium cap stocks are blue chips.

They aren't. BROS, AXON, APP, PLTR, etc. These things are no less capable of a 90% drop than ZM, DOCU, BABA, RIVN, UPST, or 50 other similar tickers were last time.

Great post. And if you have some of those from before to net against gains from now, even better.

Not sure how I feel about AXON being with these others though. It's been a pretty steady build?

AXON definitely shouldn’t be lumped in with those. It’s been a steady compounder for many years, well before AI became a thing, and is doing it by creating a sticky, dominant ecosystem in a market that isn’t going away (law enforcement). They have one small AI offering (First Draft) that users love but it’s barely a blip right now.

ETA: It’s expensive as ****, though. It seems to be going through a healthy consolidation right now.

Not lumped in in the sense of AI exposure, but lumped in in the sense of people being overconfident in its safety and wildly underestimating its downside risk.

We're talking about a stock that since mid 2022 is up 760% on a 140% increase in revenue. A market cap matching Airbnb or Hilton with 1/6 of their revenue.

Of course, they have the growth to back it up. But at the first sign of growth weakness, especially if we're in market conditions that are soft for other reasons (like if the ones we've been talking about come to pass) and people start thinking about being risk-off, then people can race for the exits on these types of stocks.

Meta grew YoY for 20 years consecutively. All it took was one quarter of negative YoY user growth in a weak market and the stock took an 80% haircut. The P/E ratio nearly hit single digits. Netflix was the same. Nothing but growth for their entire history, leading to a huge P/E. A few little signs of slowing growth in a market struggling with other stuff and the narrative flipped, growth was over, P/E contracts massively.

Not to say that it's a bad stock or anything bad will happen with it. Just an illustration of where mindset and exuberrence have moved. In a normal market a stock like this is considered at the tippy top of the risk spectrum. At current levels of exuberence where people have moved on to literal penny stocks, it is treated as "safe".

Is sub $300 AXON a possibility if the market de-risks and/or the growth inevitably slows? Of course it is. Heck, it would still be expensive at that price.

All fair points I agree with - i was definitely just reacting to it being lumped in with clear momentum stocks that haven't really proven anything yet.

I've actually trimmed my own AXON exposure twice somewhat recently because it was so outsized and still is. Sold APP outright after a stupid gain a while back (that was all documented here, I think.) Trimmed CLS and HOOD more than once recently just to keep my initial investment in there. I had to do it for peace of mind. Kind of a bummer on giant up days but feels good on days like this. I definitely overstayed my welcome in some areas after COVID and just won't again.

 

[General Malaise]

Well that sucked.

I'm up 1% on the day.


TIME TO SELL EVERYTHING!!111111111

That lasted about....20 minutes? Nice going, Jinxy LaRue.

 

[lakerstan]

This feels like a “Trump makes a statement today, markets go down. Trump retracts statement tomorrow, markets go up Monday” kind of weekends. Tempted to put some cash in.

 

[General Malaise]

Bought some Almonty. I have an order in for Desert Mountain Energy...a little ambivalent about whether that one fills.

Kev, I assure you, all told, I have less in Desert Mountain than you plunk down on video poker your first night in Vegas. This one is PURE spec/gamble with nothing in the way of earnings or meaningful revenue. Just want somebody to bend the ear of somebody else and explain the dire need for domestic helium production. There are some somebodies listening.

ETA: On Almonty, this from our Q3 Letter going out Monday: Though we have trimmed our position in U.S. Antimony a bit, we remain all in on Almonty. We recently met with Chairman and CEO Lewis Black in NYC and believe the company enjoys several catalysts which will see the stock continue to outperform between now and the end of year. It in no way hurts that Lewis owns more than 13m shares personally. We are fairly confident he will sell the company before the music stops playing.

 

[stbugs]

Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned.

Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was limited to those with an aggressive risk tolerance and at least $1.5 million in assets who wanted crypto in a taxable brokerage account.




The move marks the latest expansion of access to crypto at the world’s largest wealth management firm after the U.S. government’s stance toward the nascent asset class flipped with the election of President Donald Trump. Last month, Morgan Stanley said it would soon enable trading of bitcoin, ether and solana at its E-Trade subsidiary.

Giddy up.

Lol. I can imagine the future articles on the Great Great Depression. October 15th, 2025 was the day when the crypto drain started and Bitcoin wound its way to zero crushing 90% of all retirement accounts leading to Michael Saylor trading soup cans for everyone’s Bitcoin.

 

[bp1]

For fun... how would you folks rank these (spec) stocks in order of potential return, with the understanding/acceptance that they could go to $0? I think they've all been mentioned at some point recently, so I thought I would bunch them together all at once. Thanks!

HGRAF - Hydrograph
DMEHF - Desert Mtn Energy
FTMDF - Fortune Mineral
TUNGF - American Tungsten
LODE - Comstock (I see that they report earnings on the 20th)
FPLSF - 5N Plus
AREC - American Resources

 

[Sand]

For fun... how would you folks rank these (spec) stocks in order of potential return, with the understanding/acceptance that they could go to $0? I think they've all been mentioned at some point recently, so I thought I would bunch them together all at once. Thanks!

HGRAF - Hydrograph
AREC - American Resources

HGRAF - boom bust. Already up 1700% this year. But, obviously, has some good ideas behind it. We'll see on execution.
AREC - very speculative. Not profitable, but has good tech to recycle rare earths, etc. Change in US policy/friendliness with China, etc. could drive them straight to zero. Or things get worse, this tech takes off, and its .

 

[ChiefD]

This feels like a “Trump makes a statement today, markets go down. Trump retracts statement tomorrow, markets go up Monday” kind of weekends. Tempted to put some cash in.

It's the 'ol "gonna make my rich friends richer" ploy.

This is what, the 4th or 5th time this has happened already?

 

[Capella]

This feels like a “Trump makes a statement today, markets go down. Trump retracts statement tomorrow, markets go up Monday” kind of weekends. Tempted to put some cash in.

I mean that’s almost certainly what’s going to happen.

 

[General Malaise]

For fun... how would you folks rank these (spec) stocks in order of potential return, with the understanding/acceptance that they could go to $0? I think they've all been mentioned at some point recently, so I thought I would bunch them together all at once. Thanks!

HGRAF - Hydrograph
DMEHF - Desert Mtn Energy
FTMDF - Fortune Mineral
TUNGF - American Tungsten
LODE - Comstock (I see that they report earnings on the 20th)
FPLSF - 5N Plus
AREC - American Resources

God, 4 of those are my names and a 5th somehow got attributed to me without ever owning it.



HAVE YOU PEOPLE SEEN MY GAMBLING RECORD? AVOID AVOID AVOID!

 

[Bob Sacamano]

For fun... how would you folks rank these (spec) stocks in order of potential return, with the understanding/acceptance that they could go to $0? I think they've all been mentioned at some point recently, so I thought I would bunch them together all at once. Thanks!

HGRAF - Hydrograph
DMEHF - Desert Mtn Energy
FTMDF - Fortune Mineral
TUNGF - American Tungsten
LODE - Comstock (I see that they report earnings on the 20th)
FPLSF - 5N Plus
AREC - American Resources

God, 4 of those are my names and a 5th somehow got attributed to me without ever owning it.



HAVE YOU PEOPLE SEEN MY GAMBLING RECORD? AVOID AVOID AVOID!

Can confirm

 

[Desert_Power]

If yesterday's close is a relative peak, we're going to look smart for all of our bellyaching in here about gains/valuations at least

 

[Bob Sacamano]

Bought some Almonty. I have an order in for Desert Mountain Energy...a little ambivalent about whether that one fills.

Kev, I assure you, all told, I have less in Desert Mountain than you plunk down on video poker your first night in Vegas. This one is PURE spec/gamble with nothing in the way of earnings or meaningful revenue. Just want somebody to bend the ear of somebody else and explain the dire need for domestic helium production. There are some somebodies listening.

ETA: On Almonty, this from our Q3 Letter going out Monday: Though we have trimmed our position in U.S. Antimony a bit, we remain all in on Almonty. We recently met with Chairman and CEO Lewis Black in NYC and believe the company enjoys several catalysts which will see the stock continue to outperform between now and the end of year. It in no way hurts that Lewis owns more than 13m shares personally. We are fairly confident he will sell the company before the music stops playing.

I have to make an effort to avoid hearing any interviews with this guy. I want to be sure anything I read from him is in my mind as the other Lewis Black saying it.

 

[General Malaise]

For fun... how would you folks rank these (spec) stocks in order of potential return, with the understanding/acceptance that they could go to $0? I think they've all been mentioned at some point recently, so I thought I would bunch them together all at once. Thanks!

HGRAF - Hydrograph
DMEHF - Desert Mtn Energy
FTMDF - Fortune Mineral
TUNGF - American Tungsten
LODE - Comstock (I see that they report earnings on the 20th)
FPLSF - 5N Plus
AREC - American Resources

The bolded probably has the best potential for long-term return years' out visibility for revenue and EBITDA. Our PM is a huge fan of the CEO.

LODE is really fascinating to me because if they're successful long term in extracting critical and precious metals out of the recycled solar panels, this could be a very inexpensive way to play silver, which briefly cracked $50 today. This is a good read, though a little dated.

 

[Bob Sacamano]

"Tungsten is a finite resource that happens to be extraordinarily (####ing) difficult to process. Sourcing it requires assets, patience, and a (#### ton of) expertise, all of which Almonty happens to have in (as much) abundance (as a Van Buren Ave hooker has STDs). Unlike other mining companies, we specialize in a single (####ing) commodity which has led to us succeeding where many others have failed when it comes to mining tungsten. (You bet your ### WE know what WE'RE doing)."

Most of that was said by A Lewis Black. But it's how I read it regardless.

 

[General Malaise]

Bought some Almonty. I have an order in for Desert Mountain Energy...a little ambivalent about whether that one fills.

Kev, I assure you, all told, I have less in Desert Mountain than you plunk down on video poker your first night in Vegas. This one is PURE spec/gamble with nothing in the way of earnings or meaningful revenue. Just want somebody to bend the ear of somebody else and explain the dire need for domestic helium production. There are some somebodies listening.

ETA: On Almonty, this from our Q3 Letter going out Monday: Though we have trimmed our position in U.S. Antimony a bit, we remain all in on Almonty. We recently met with Chairman and CEO Lewis Black in NYC and believe the company enjoys several catalysts which will see the stock continue to outperform between now and the end of year. It in no way hurts that Lewis owns more than 13m shares personally. We are fairly confident he will sell the company before the music stops playing.

I have to make an effort to avoid hearing any interviews with this guy. I want to be sure anything I read from him is in my mind as the other Lewis Black saying it.

"CONGRATULATIONS, SAN FRANCISCO, YOU'VE RUINED TUNGSTEN".

 

[McBokonon]

Bought some Almonty. I have an order in for Desert Mountain Energy...a little ambivalent about whether that one fills.

Kev, I assure you, all told, I have less in Desert Mountain than you plunk down on video poker your first night in Vegas. This one is PURE spec/gamble with nothing in the way of earnings or meaningful revenue. Just want somebody to bend the ear of somebody else and explain the dire need for domestic helium production. There are some somebodies listening.

ETA: On Almonty, this from our Q3 Letter going out Monday: Though we have trimmed our position in U.S. Antimony a bit, we remain all in on Almonty. We recently met with Chairman and CEO Lewis Black in NYC and believe the company enjoys several catalysts which will see the stock continue to outperform between now and the end of year. It in no way hurts that Lewis owns more than 13m shares personally. We are fairly confident he will sell the company before the music stops playing.

I have to make an effort to avoid hearing any interviews with this guy. I want to be sure anything I read from him is in my mind as the other Lewis Black saying it.

"CONGRATULATIONS, SAN FRANCISCO, YOU'VE RUINED TUNGSTEN".

You won't get the credit you deserve for this joke.

 

[Bossman]

Thank all of you for your tip on UAMY...
Looks like this one is paying for my next 3 Carribean vacations.
I'm appreciating my fellow FBGs ....

As much fun as this one has been, I do have some concern about rapid valuation expansion absent present revenue. Not to say the wind isn't at their back as the US Gov has given them a contract and this is the ultimate moat of a domestic critical mineral producer but when we read and hear warnings about frothiness, this thing is on the medal stand currently.

I'm not selling today but my firm has been every day this week so I'm restricted from doing anything personally. But I think it's responsible to maybe take some chips off the table and put them in your wife's purse.

Heeded your advice.
Sold almost half. We'll let the other half ride for a bit.

 

[BassNBrew]

Well I just made some additions with the profits from this morning.

Pretty much added anything down 10% plus such as Elf. Added back a few shares of AMD. Also no reason for Sofi to be down 7%, tariffs aren't hurting them.

 

[Todem]

Well that sucked.

On the bright side my 401K contribution for October priced in at 4PM today.

So I got that going for me.

 

[BassNBrew]

Going to look at Amazon, NVDIA, and TSM after hours.

 

[General Malaise]

Bought some Almonty. I have an order in for Desert Mountain Energy...a little ambivalent about whether that one fills.

Kev, I assure you, all told, I have less in Desert Mountain than you plunk down on video poker your first night in Vegas. This one is PURE spec/gamble with nothing in the way of earnings or meaningful revenue. Just want somebody to bend the ear of somebody else and explain the dire need for domestic helium production. There are some somebodies listening.

ETA: On Almonty, this from our Q3 Letter going out Monday: Though we have trimmed our position in U.S. Antimony a bit, we remain all in on Almonty. We recently met with Chairman and CEO Lewis Black in NYC and believe the company enjoys several catalysts which will see the stock continue to outperform between now and the end of year. It in no way hurts that Lewis owns more than 13m shares personally. We are fairly confident he will sell the company before the music stops playing.

I have to make an effort to avoid hearing any interviews with this guy. I want to be sure anything I read from him is in my mind as the other Lewis Black saying it.

"CONGRATULATIONS, SAN FRANCISCO, YOU'VE RUINED TUNGSTEN".

You won't get the credit you deserve for this joke.

I figure anybody who has a kid in the age range of 10-20 will get it. Great kids' movie.

 

[General Malaise]

Thank all of you for your tip on UAMY...
Looks like this one is paying for my next 3 Carribean vacations.
I'm appreciating my fellow FBGs ....

As much fun as this one has been, I do have some concern about rapid valuation expansion absent present revenue. Not to say the wind isn't at their back as the US Gov has given them a contract and this is the ultimate moat of a domestic critical mineral producer but when we read and hear warnings about frothiness, this thing is on the medal stand currently.

I'm not selling today but my firm has been every day this week so I'm restricted from doing anything personally. But I think it's responsible to maybe take some chips off the table and put them in your wife's purse.

Heeded your advice.
Sold almost half. We'll let the other half ride for a bit.

There you go....now book ONE Caribbean vacation and have a Red Stripe for me.

 

[Grace Under Pressure]

If it's most certainly a reaction to that, then why was the selling so extreme?

Like, ok, something was said, now let's all go play golf. Why "panic" sell, for lack of a better word?

This can remain a rhetorical question if that's better. Just curious as to the machinations/thought process of it. I mostly buy and hold ETFs if that helps describe my perspective.

 

[Bossman]

Well I just made some additions with the profits from this morning.

Pretty much added anything down 10% plus such as Elf. Added back a few shares of AMD. Also no reason for Sofi to be down 7%, tariffs aren't hurting them.

I love these Flash Sales ... because who doesn't love a bargain.

 

[pecorino]

Another tweet, or whatever they are called when the President issues them, about tariffs to China kicking in 11/1. TGIF!

 

[Capella]

A bajillion percent tariff was just announced for China. Monday should be a hoot. Is this tariff tantrum 2 or 3 for the year so far?

 

[culdeus]

Guys i thought we were done being poor

 

[Capella]

Guys i thought we were done being poor

I warned against this kinda talk just the other day.

 

[JB Breakfast Club]

NASDAQ going to open Monday down another 5%? More? Pain.

 

[pecorino]

NASDAQ going to open Monday down another 5%? More? Pain.

Only -4.35% at this point. Don’t be so alarmist.

 

[Harry Frogfish]

Just offering that out there. 95% of the stuff that's been talked about in here the last 3 months is absolutely capable of doing a full round trip back to lows that seem impossibly far away right now, and most people did not buy in at that bottom.

I would even go so far as to say that 95% of what’s been talked about in here WILL do a full round trip back to lows. So much of what we discuss is speculative and will either go away due to not meeting expectations or because some other company won the market.

While some want to say the dot com bubble is not relevant,

I'm just curious, who here is saying that? I don't read the thread daily and miss a lot. I'm honestly curious.

 

[Harry Frogfish]

Interesting to see what happens with Microsoft and their end of supporting Windows 10 coming up. The last time they stopped supporting old operating systems only less than 5% of users were using that OS. Now with Windows 10, 40% are still using it.

The number of devices still using Windows 7 is alarming. We had to develop a (long-overdue) policy about use of unsupported operating systems, browsers, etc. Which Win 10 is going to turn into a problem due to the number of people still using it.

It's one thing to tell 1% of your customers (yes, seriously) they need to stop using devices on Win 7, and that they can't connect to your systems doing so. It doesn't matter how well you explain to them it's for their own protection as well and the potential implications ("You gonna buy me a new computer?!?"). It's another when it becomes 25% of your user base (I'm guessing forward).

Windows 7 is spiking as well: https://www.windowscentral.com/micr...ndows-11-in-wake-of-windows-10-end-of-support

MSFT just cannot avoid the allure of making their key products worse.

McDonald's has never been too worried about being best in class either.

 

[identikit]

On Thursday I took some profit from my high flyers. I'm not very good at this, the trimming thing

Now have about 10% in cash

Somehow I timed that right

Monday should be very interesting