#MINILAMBOSALLAROUNDSFIO = rocket ship
#notselling
#whoneedsgamestonkwhenyouhavenewzealandonyourside
Thanks for the SFIO call! Of course I stupidly sold half at .08125, but couldn't pass up 25% in less than a week. The thinking was buying back on a pullback (which probably won't come).Me too!
All it took was announcing entry into the hundred billion dollar auto market!Getting very close to being above water on APPL.
Using the P word in here will get you banned, guy.Thanks for the SFIO call! Of course I stupidly sold half at .08125, but couldn't pass up 25% in less than a week. The thinking was buying back on a pullback (which probably won't come).
Using the P word in here will get you banned, guy.
- FBG Moderator
You can get it AH.Damn meant to grab some PINS for earnings tonight and forgot.
Their Yahoo stock page has a bunch of those articles about different law firms suing for security laws violations. Seems like the usual suspects you see for other speculative stocks.
ATOS has entered the chatZOM says hold my beerLet’s go sfio!!!
I got a email from 23 and me announcing they were officially going public. Seems like a slam dunk.VGAC run from 16 to 18 seems like some institutional buying, no?
Definitely one I want to buy on the dip if I can time anywhere near the bottom.Their Yahoo stock page has a bunch of those articles about different law firms suing for security laws violations. Seems like the usual suspects you see for other speculative stocks.
ETA; My play is to see if the internet goes crazy backing their guy Chamath and we get a good rebound. It did work it's way up the chatter board for WSB on that swaggy site, but sure didn't show in price movement.
peetape? yes, i can confirm thatUsing the P word in here will get you banned, guy.
- FBG Moderator
BUCKETS O CASH AINT NEVER NO BORING!!1!!11!boringAlso - why no LUV luv in here?
And as of today I'm about 6% away from my goal.Almost 7% to my goal retirement amount, set last month for the next 5 years. Makes me feel like it’s actually possible.
The GME saga/pattern was predictable. This 90% downdraft was for sure going to happen, only question was timeline. I stayed out of the whole thing, though IPOE caught a bit of a bid as it will be a Robinhood competitor.Shocking. I had no idea it would end badly. Somehow, I’m thinking the mods/key guys at WSB pulled out more than enough already for Lambos for life. You just knew that the early guys and the hedge funds would end up fine and that the Joe Public would foot the bill.
Grabbed some a few days ago worried about good earnings. I’ll probably add more, but I should have bought way more a while ago around 40s. Just kept buying other stuff. Good long term play just glad I at least got a 1/3 share cheaper.Damn meant to grab some PINS for earnings tonight and forgot.
CNBC talked about a Chicago grad student who turned $500 into $200K, selling right at the top. Not millions, but pretty good return right thereHe cashed out at least 15 million on his 50k November investment.
The movie has already been optioned, between that and the eventual book deal, he's probably got another 10 million in the pipe.
I stayed out too. I know I’d time it wrong and it’s not worth it.And as of today I'm about 6% away from my goal.
The GME saga/pattern was predictable. This 90% downdraft was for sure going to happen, only question was timeline. I stayed out of the whole thing, though IPOE caught a bit of a bid as it will be a Robinhood competitor.
I do wonder how much higher it would have topped out at had Robinhood not #### the bed.The GME saga/pattern was predictable. This 90% downdraft was for sure going to happen, only question was timeline. I stayed out of the whole thing, though IPOE caught a bit of a bid as it will be a Robinhood competitor.
Conservative goals are twofold - have enough after tax monies to last until I can pull from retirement accounts (which gets easier as I get older) and to, in an overall sense, have enough money such that if I only achieve enough return to cover inflation that I am good at a reasonable expenditure rate for 40 years. In reality I'm counting on about a 3% real return over time and a 3.75% withdrawal rate, which theoretically leaves a pretty big pile for the kids.I stayed out too. I know I’d time it wrong and it’s not worth it.
What’s your goal? Don’t be specific just general. After last year apparently reduced my goal timeframe, I set my goal to have enough that if I get 4% return (being conservative, an 8% return would be the ####) while retired, that plus SS would get me to a number per year almost at our pre-tax but after 401k salaries. I think technically I’ve got enough right now to live really well in retirement at 4% with SS, but my goal would be living as well as we do now with much lower expenses. Then, throw in that my boys would inherit a nice chunk o’ change. Also, if I can retire in 5, I’ll let my wife keep working and focus on just investing and grilling.
Ree seems to be respected but I honestly haven’t studied them at all yetYou think this still has legs, long term, or just short term?
Oh, it’ll happen. Already told her and I’m a better cook. I kind of take the lead on the kids right now anyway since she’s got a lot of West Coast calls. I’m just slowly slipping into Mr. Mom. If the investments do really well again this year, a robe may become my primary wardrobe and then what can she do?Good luck on "letting the wife keep working".
And as of today I'm about 6% away from my goal.
The GME saga/pattern was predictable. This 90% downdraft was for sure going to happen, only question was timeline. I stayed out of the whole thing, though IPOE caught a bit of a bid as it will be a Robinhood competitor.
I stayed out too. I know I’d time it wrong and it’s not worth it.
What’s your goal? Don’t be specific just general. After last year apparently reduced my goal timeframe, I set my goal to have enough that if I get 4% return (being conservative, an 8% return would be the ####) while retired, that plus SS would get me to a number per year almost at our pre-tax but after 401k salaries. I think technically I’ve got enough right now to live really well in retirement at 4% with SS, but my goal would be living as well as we do now with much lower expenses. Then, throw in that my boys would inherit a nice chunk o’ change. Also, if I can retire in 5, I’ll let my wife keep working and focus on just investing and grilling.
Ditto and agree there too.Conservative goals are twofold - have enough after tax monies to last until I can pull from retirement accounts (which gets easier as I get older) and to, in an overall sense, have enough money such that if I only achieve enough return to cover inflation that I am good at a reasonable expenditure rate for 40 years. In reality I'm counting on about a 3% real return over time and a 3.75% withdrawal rate, which theoretically leaves a pretty big pile for the kids.
If I kick off I'll never get close to replacing my salary, but I'm saving 50% of after tax monies as it is right now and living a very comfortable life. I'll probably over save for a bit to cover financial shocks - new roof, new cars, wedding for kid, etc.
Good luck on "letting the wife keep working".
What's up with FLGT? The huge daily swings.Ree seems to be respected but I honestly haven’t studied them at all yet
I don’t know. It’s crazy. It’s a great company but why it ran up so fast in a short period of time I couldn’t tell you, but you’ll definitely get volatility when that happens.What's up with FLGT? The huge daily swings.
I use 5.25% ROR with 2% inflation. I figure that 2% is reasonable in today's world, though it and sequence of returns are the two biggest knobs in how a portfolio holds up (and they're both completely out of one's control). If inflation hits 5% for a long time I'm hosed.I have yet to digest it all but his baseline goals he starts with are taxable ROR at 6% and tax free ROR at 4%.
I read up and didn't see that Nasdaq put any holds on this due to volatility. GME must have been special that way.AACG pumped by Reddit and others today. Up 951.47%.
https://seekingalpha.com/news/3658784-ata-creativity-gains-almost-1000-percent-on-reddit-pump
Because this one was mostly market makers pushing it up. And they're allowed to do that as much as they want every day.I read up and didn't see that Nasdaq put any holds on this due to volatility. GME must have been special that way.
Can you let us know who they're doing this with tomorrow?AACG pumped by Reddit and others today. Up 951.47%.
https://seekingalpha.com/news/3658784-ata-creativity-gains-almost-1000-percent-on-reddit-pump
We would all like to know.Can you let us know who they're doing this with tomorrow?
TIA
Holy crap!AACG pumped by Reddit and others today. Up 951.47%.
https://seekingalpha.com/news/3658784-ata-creativity-gains-almost-1000-percent-on-reddit-pump
Any guesses here?By John Jannarone and Jarrett Banks
Electric aircraft startup Archer Aviation Inc. plans to go public by merging with a special purpose acquisition company, or SPAC, in a deal that will give the company a multibillion dollar valuation, according to people familiar with the matter.
The announcement could come as early as next week, these people told IPO Edge, adding that some terms of the the agreement are not final. The transaction announcement will likely include PIPE financing of at least $500 million from strategic investors, including an airline, these people said.
It is not clear which SPAC intends to merge with Archer. The company didn’t immediately respond to requests for comment.
Quit playing the market with yourself and start playing golf so I can get you out on the courseIn continuing my play of looking for EV/sustainable energy SPACs, I'll be looking to get into RMGCU tomorrow if I can get in in the $10s when it starts trading. They say they are looking to combine with a business that "has a large and growing market with an ESG and sustainability focus." This is RMG's third SPAC, their first was a merger with Romeo Power (lithium ion batteries for EVs), which ran from $10ish to $37 after the announcement, although it's back down to $18 now. And the COO was involved with a SPAC that merged with IEA, an engineering and construction company with a renewables segment, which dipped and didn't perform well for awhile but has gone from $5 range in September to as high as $24 since.
If you're looking for a legalized gambling play, might want to look into GHACU. They're looking to combine with a "regional gaming, distributed gaming, or online/sports betting business." They have the CEO of Affinity Gaming involved, no looks like they own a bunch of small casinos I've never heard of. They started trading today and closed at $10.40.
There was talk here about how small SPACs tend to be, but in the past couple of days we had JWSM.U at $900M and AAC.U at $870M both start trading, both had really generic language in their announcements and I haven't dug into them much yet.
As alway, caveat is I don't know what I'm doing
I;m not investing in anything where I'm a POW.Can someone smarter than myself give POWW a look. Have someone suggesting it as a play.
https://www.google.com/amp/s/www.fool.com/amp/investing/2021/02/04/why-ammo-stock-exploded-16-higher-today/Can someone smarter than myself give POWW a look. Have someone suggesting it as a play.