Stock Market is the bottom in?

[SD51555]

Sounds like you have some puts going? I don't think I'll ever have enough guts to try the options game. I know I'll never venture into margins, but that's just me being too damn scared. GOOD LUCK SIR!

Depends where the price is. $18 is about the target price for me right now. If it's above $18 but close, I'm selling the $18 puts. If it's below $18, I'm buying it outright and selling the $18 calls. Either way, near $18 is where I'm trying to hop on and go to work. The big idea is to keep the speculators sending me cash as quickly as possible.

 

[jsasker007]

I'm probably better off doing the opposite of what I think I should do. Reverse myself.

 

[bwoods11]

I’ve had shares of SiriusXM radio since they were near bankruptcy. .25 cents a share …

John Malone (Largest landowner in the US) of Liberty Media rescued the company and has most of the shares (70%).

The share price usually hovers around $6 to $6.50. It dropped to $4.60 recently. The pay a 2% dividend and also have a special dividend on occasion.

I see this as a buy at under $5. Just my opinion.

SIRI

 

[jsasker007]

I’ve had shares of SiriusXM radio since they were near bankruptcy. .25 cents a share …

John Malone (Largest landowner in the US) of Liberty Media rescued the company and has most of the shares (70%).

The share price usually hovers around $6 to $6.50. It dropped to $4.60 recently. The pay a 2% dividend and also have a special dividend on occasion.

I see this as a buy at under $5. Just my opinion.

SIRI

If I had just sold that stock I could damn near guarantee it would double in the next week.

 

[Bill]

I’ve had shares of SiriusXM radio since they were near bankruptcy. .25 cents a share …

John Malone (Largest landowner in the US) of Liberty Media rescued the company and has most of the shares (70%).

The share price usually hovers around $6 to $6.50. It dropped to $4.60 recently. The pay a 2% dividend and also have a special dividend on occasion.

I see this as a buy at under $5. Just my opinion.

SIRI

I don’t own the stock and refuse to pay for radio. But I do have XM weather on my boat for offshore real time weather on my chart plotter. Game changer, 60 miles offshore you decide if it’s time to sit still or navigate around a pop up storm. With the standard XM weather antenna you can overlay sea surface temp lines on your chart plotter. Surface temp breaks are fish magnets.

They came out with an upgraded antenna a few years back that allows you to see weed lines, sea surface temps, plankton lines, sea height anomalies and 30 meter depth temps. It’s not perfect yet as it isn’t real time like the weather is. But their working on it. I can’t wait until all that info is accurate and right there on my chart plotter.

 

[bwoods11]

SiriusXM has a lot of Subscribers! (34 Million). The popular content … NFL channel, Fox News, Hair Nation and many others. Comedy channels, Howard Stern (he’s gone a bit weird). They are loyal for the most part.

People travel a lot and sit in traffic so it’s popular. They also own Pandora .

 

[b116757]

Really wish I’d of signed up for the lifetime subscription at $500 back in the day

 

[OakSeeds]

Post 2886 looked at 3 S & P 500 index funds including one from Vanguard, one from Schwab, and one from Fidelity. Several criteria could be used to judge the attractiveness of each as an investment vehicle.
In a comparisons with Vanguard, Schwab achieved better returns than Vanguard, a longer history of success, a lower minimum investment threshold, and a lower expense ratio; yet, Vanguard was superior with regard to dividend yield and had 4.5 times as many assets under management. Even though there may be some differences in the way firms measure assets under management, it could be that Vanguard is simply better at marketing their products. Fidelity, on the other hand, was the youngest of the 3, matched Schwab's 0 required minimum investment, exhibited a dividend yield superior to Schwab, and enjoyed returns equal to Vanguard. Interestingly, the Fidelity fund had the lowest expense ratio at .015. Since the one aspect of S & P 500 index funds that seem to always creep into a discussion about these funds is their cost (expense ratio), perhaps that is an important influence for why Fidelity has 6X as many assets under management as Schwab and 30% more than Vanguard. For the average investor perhaps using dollar-cost averaging with regular contributions, any of the 3 would be a worthwhile strategy.

Now, let's consider the performance of S & P 500 index funds vs Nasdaq 100 index funds. On their website, Vanguard says ...
Vanguard funds classified as moderate to aggressive are subject to wide fluctuations in share price. This happens because they hold virtually all of their assets in common stocks.
In general, such funds are appropriate for investors who: 1) have a long-term investment horizon (ten years or longer), 2) are seeking growth in capital as a primary objective, and 3) are prepared to endure the declines in share prices that may occur in the stock market (all emphasis added).

In that context, is it better to invest in Nasdaq or S&P 500? Truth is .... Nasdaq 100 has outperformed S&P by a wide margin.
https://www.etmoney.com/learn/stocks/nasdaq-100-versus-sp-500-which-index-is-better-for-investing-in-the-us/
Be sure and read the last section of the article; the part about choosing between the S & P 500 and tne Nasdaq 100. The average 10-year return of Nasdaq 100 over the past 15 years was around 9%, while that of S&P 500 was about 5%." Jan 31, 2023
Lots of folks would avoid the Nasdaq index funds because they are more volatile and the downside risk frightens people; brings up another decision making heuristic or "bias" as the have been noted in this thread.
What is loss aversion heuristic?
What is Loss Aversion? Loss aversion is a cognitive bias that describes why, for individuals, the pain of losing is psychologically twice as powerful as the pleasure of gaining. That person would normally be judged to be more risk averse.
Still, market downturns, and potential market downturns - bears- scare them a lot. Historically, like fishing corks, market downturns are followed fairly quickly by large upticks in the market and recovery may occur in 2-3 years.
If you compare the data in post 2888, you'll note the Nasdaq fund losses/gains are just about double those of the S & P 500 fund. The top 10 holdings in each are very similar; however, the Nasdaq fund is usually weighted (about double - you can see that in the article). A much higher % of their portfolio is concentrated in those top 10 - known as the FAANG - stocks.

Finally, remember investments in the stock market represent a long game where market timing is extremely difficult at best and dollar cost averaging on a regular basis works well in the loooooonbg run .... unless you see market downturns as a buying opportunity.

Disclaimer ..... This post is not an endorsement (expressed or implied) of any fund or group of funds; it is intended as information to stimulate discussion of investment opportunities.

 

[jsasker007]

Lately facebook(meta),apple,amazon,netflix and google have been underperforming but so has almost everything else. I'm heavy on individual stocks in the Nasdaq. Netflix looks to be holding it's own but I'm thinking TSLA just might be the best thing to buy in the market RIGHT NOW. I'm sure I spend way too much time checking and watching what the stocks are doing but I think having a broker selling me a "cookie cutter" portfolio is leaving a lot of gains on the table. Don't like the idea of paying someone a percentage of my gains if I can learn it and make that money myself. Many different ways to about investing and usually buying and HOLDING a decent stock will do well in the long term. Buffet says a lot of good things to pay attention to and patience is a big deal when growing your money. Plus, selling stocks every time it goes up and there's a profit to be made will cost you at the end of the year(TAXES). Just my .02 cents before I've had enough coffee to think straight this morning. People need to learn how to invest and turn their money into more money. Always looking to learn more from others' to speed up the learning curve.

 

[Jerry-B-WI]

Lately facebook(meta),apple,amazon,netflix and google have been underperforming but so has almost everything else. I'm heavy on individual stocks in the Nasdaq. Netflix looks to be holding it's own but I'm thinking TSLA just might be the best thing to buy in the market RIGHT NOW. I'm sure I spend way too much time checking and watching what the stocks are doing but I think having a broker selling me a "cookie cutter" portfolio is leaving a lot of gains on the table. Don't like the idea of paying someone a percentage of my gains if I can learn it and make that money myself. Many different ways to about investing and usually buying and HOLDING a decent stock will do well in the long term. Buffet says a lot of good things to pay attention to and patience is a big deal when growing your money. Plus, selling stocks every time it goes up and there's a profit to be made will cost you at the end of the year(TAXES). Just my .02 cents before I've had enough coffee to think straight this morning. People need to learn how to invest and turn their money into more money. Always looking to learn more from others' to speed up the learning curve.

If you have a Roth IRA for yourself and for your spouse you don't have to worry about that tax burden at the end of the year. You can buy and sell as much and whenever you want to and not worry about taxes on any of your gains. The Roth account isn't considered taxable income in retirement either. Helps you play the insurance game in retirement and if passed onto heirs the Roth is handled way differently than a traditional ira.

 

[PatinPA]

Really wish I’d of signed up for the lifetime subscription at $500 back in the day

I got a lifetime in 2007 for about $600. 16 years and going strong. The only issue is you don't get any of the new stations or the old XM stations.

 

[Kooch]

I quit paying for radio when I moved to the farm. I was tired of the annual negotiation I had to do. Every year, I'd get a bill for 3X what I paid the year before and I had to spend an hour on the phone listening to some guy go through his script. My answer was the same over and over. "No thank you. I'd like to pay exactly what I paid last year for exactly the same service or I'm out." I'm glad I never gave them my credit card number and paid by check instead. You know they'd just renew it at the new elevated price then it'd be even tougher to get the lower cost.

 

[Bowsnbucks]

Finally, remember investments in the stock market represent a long game where market timing is extremely difficult at best and dollar cost averaging on a regular basis works well in the loooooonbg run .... unless you see market downturns as a buying opportunity.

Agreed. We dollar-cost averaged into a few funds for years. I did plunk down more money on a couple market dips - notably the 1987 crash. Should have gone 4x what I put in then - but all's good. We never sold any shares, & rode the upticks out of any dips. Buffet says, ".... when others are running for the exits, that's when you need to run IN with cash." Then ride the rebounds. Divs & interest set on automatic reinvest.

Thanks for posting those numbers & info, OakSeeds.

 

[Bowsnbucks]

People need to learn how to invest and turn their money into more money. Always looking to learn more from others' to speed up the learning curve.

YEP!!! Bogle, Malkiel, Graham, and many other financial titans advise, "Time is your friend. Start early (investing), then reinvest the dividends & interest to automatically buy more shares. Free money buying you even more shares. Those guys call it, "..... The miracle of compounding." If you start early in life, and invest regularly (dollar-cost averaging), then reinvest to buy more shares - after 30, 40, 50 years you have a pile.

I read an interesting line in a financial book - "It doesn't take nearly as long to attain your second million, as it did the first." That line was referring to investing regularly, and reinvesting the dividends & interest to buy more shares. The "miracle of compounding." Money earning you more money.

 

[jsasker007]

It takes money to make money but you gotta start somewhere. Young people need to be taught to invest. Listened to one of the big names in investing talk about making at least 7% per year just to maintain your purchasing power. If you aren't making that much on your money you are losing ground. That's what he said anyway.

 

[Angus 1895]

Aqua Metals’ Breakthrough Li AquaRefining™ Produces High-Purity Lithium Hydroxide Directly from Recycled Lithium-Ion Batteries​

BY GlobeNewswire
— 8:00 AM ET 02/22/2023

RENO, Nev., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (AQMS) ("Aqua Metals" or the "Company"), a pioneer in sustainable lithium-ion battery recycling, today announced the recovery of high-purity lithium hydroxide from lithium-ion battery black mass at the company’s Li AquaRefining™ recycling facility located at the Tahoe-Reno Industrial Center (TRIC).
The production and availability of the first recycled lithium hydroxide at scale will help close the supply chain loop for critical battery metals in America, paving the way for a more sustainable, efficient battery manufacturing industry. The immediate recovery of lithium hydroxide also improves the economics of recycling advanced battery chemistries like lithium iron phosphate (LFP), where lithium makes up most of the valuable material, unlike current nickel and cobalt-based batteries.
“We believe Li AquaRefining is now the only proven battery recycling technology that can produce lithium hydroxide at scale – avoiding the need for additional costly and polluting refinement,” said Steve Cotton, CEO and President of Aqua Metals (AQMS). “We believe this new capability can have a profound impact on the lithium battery industry in North America. Our sustainably recycled lithium can help ensure a robust supply of critical metals to meet the Inflation Reduction Act’s ambitious goals for domestic content and enables us to share samples and advance our discussions with prospective partners in battery and cathode manufacturing.”
The company’s Li AquaRefining pilot facility is a groundbreaking closed-loop recycling system able to recover all the critical resources contained in spent lithium batteries primarily using electricity, and without the polluting furnaces or intensive chemical processes typical of recycling. Aqua Metals (AQMS) plans to produce battery-grade lithium hydroxide directly from black mass using its patent-pending, regenerative electro-hydrometallurgy process, made to suit manufacturer specifications.
Lithium hydroxide is often preferred over lithium carbonate or other lithium salts for cathode material in electric vehicles and energy storage systems due to its ease of use in manufacturing and superior electrochemical performance, powering safer batteries that are more efficient and longer lasting.
“Successfully scaling up our unique lithium hydroxide recovery process is a major technical milestone for the industry, heralding an era of low-emissions, circular supply of critical battery metals produced from domestic resources,” said Ben Taecker, Chief Engineering and Operations Officer at Aqua Metals (AQMS). “Producing large quantities of recycled feedstock is new to battery manufacturing, and our ability to combine the recycling and refining of lithium into one process avoids unnecessary waste streams, lowers overall costs and improves supply chain efficiency for the rapidly growing lithium battery industry.”
Aqua Metals’ Li AquaRefining Pilot became operational in 2022 and is the first pilot scale electro-hydrometallurgy battery recycling facility in North America. It is the only source of recycled battery-grade lithium hydroxide as feedstock for electric vehicle batteries and energy storage systems. The pilot facility is designed to recover lithium hydroxide and manganese dioxide, as well as pure cobalt, nickel, and copper metals, from spent lithium-ion batteries, and provides the design basis for the company’s 10,000 ton per year lithium battery recycling campus planned for phased development starting later this year.
Additional Resources
Learn more about Aqua Metals’ Li AquaRefining Pilot and see updates at www.aquametals.com/pilot-recycling-hub
About Aqua Metals (AQMS)
Aqua Metals, Inc. (AQMS) is reinventing metals recycling with its patented AquaRefining™ technology. The company is pioneering a sustainable recycling solution for materials strategic to energy storage and electric vehicle manufacturing supply chains. AquaRefining™ is a low-emissions, closed-loop recycling technology that replaces polluting furnaces and hazardous chemicals with electricity-powered electroplating to recover valuable metals and materials from spent batteries with higher purity, lower emissions, and minimal waste. Aqua Metals (AQMS) is based in Reno, NV and operates the first sustainable lithium battery recycling facility at the company’s Innovation Center in the Tahoe-Reno Industrial Center.
To learn more, please visit www.aquametals.com
Aqua Metals Social Media
Aqua Metals (AQMS) has used, and intends to continue using, its investor relations website (https://ir.aquametals.com), in addition to its Twitter, LinkedIn and YouTube accounts at https://twitter.com/AquaMetalsInc (@AquaMetalsInc), https://www.linkedin.com/company/aqua-metals-limited and https://www.youtube.com/channel/UCvxKNWcB69K0t7e337uQ8nQ respectively, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Safe Harbor
This press release contains forward-looking statements concerning Aqua Metals, Inc. (AQMS) Forward-looking statements include, but are not limited to, our plans, objectives, expectations and intentions and other statements that contain words such as "expects," "contemplates," "anticipates," "plans," "intends," "believes", "estimates", "potential" and variations of such words or similar expressions that convey the uncertainty of future events or outcomes, or that do not relate to historical matters. The forward-looking statements in this press release include our expectations for our pilot recycling plant, our ability to recycle lithium-ion batteries and the expected benefits of recycling lithium-ion batteries. Those forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially. Among those factors are: (1) the risk that we may not be able to acquire the funding necessary to develop our recently acquired five-acre campus; (2) the risk that we may not be able to develop the recycling facility on the five-acre campus within the expected time or at all; (3) even if we are able to develop the recycling facility, the risk that we may not realize the expected benefits; (4) the risk that licensees may refuse or be slow to adopt our AquaRefining process as an alternative to smelting in spite of the perceived benefits of AquaRefining; (5) the risk that we may not realize the expected economic benefits from any licenses we may enter into; (6) the risk that we may not be able to access additional capital, through the sale of our TRIC facilities and equipment or otherwise, as and when needed and (7) those other risks disclosed in the section "Risk Factors" included in our Quarterly Report on Form 10-Q filed on November 3, 2022. Aqua Metals (AQMS) cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by law.
Contact Information:
Investor Relations
Bob Meyers & Rob Fink
FNK IR
646-878-9204
aqms@fnkir.com
Media
Jennifer Johnson Avril
Warner Communications
917-982-9012
jennifer@warnerpr.com
Source: Aqua Metals (AQMS)​

Image: https://www.globenewswire.com/newsroom/ti?nf=ODc1NDExNyM1NDIyNDUxIzIwMTkzMjk=
Image: https://ml.globenewswire.com/media/...M2Y1MmE3Y2I5LTEwMzA5MDI=/tiny/Aqua-Metals.png
Image: Primary Logo
Source: Aqua Metals (AQMS)

 

[Bowsnbucks]

If that process all works with no big hiccups - that's GREAT NEWS!!!

 

[Angus 1895]

If that process all works with no big hiccups - that's GREAT NEWS!!!

It was fifty cent stock about a month ago.

should a woulda could a……..but the Tesla done about the same in gains over the same time frame.

hind sight is 20/20

 

[jsasker007]

It was fifty cent stock about a month ago.

should a woulda could a……..but the Tesla done about the same in gains over the same time frame.

hind sight is 20/20

AQMS was $8 two years ago. Buying then would have you down a lot right now(85%). Entry price is a big deal.

 

[Angus 1895]

I think I started monkeying with it at $3.75

Fidelity gave me a warning about it when I traded it.

But I think lithium needs recycling?

Thanks for reminding me it’s a shaky stock.