Stock Market is the bottom in?

[KY wild]

Looks like they got out of debt by screwing over their investors.

That is what it looks like to me also.

 

[jsasker007]

Makes no sense to me how the highest price I ever paid was just over $3 and most was bought for almost half of that and now it tells me that my average share price is over $313 a share.

 

[Barndog56]

 

[Native Hunter]

I'm not one to jump in and out, but I must admit I'm getting a bit nervous. My CS account was up 130% over 2 years as of today, and I did a bunch of selling and went to 25% cash. I also have a 15% trailing stop on a bunch of stuff that has done well. I hope the run continues, but now I have a little cash to shop for bargains if it doesn't.

 

[PatinPA]

View attachment 83425

That would make sense for what I'm seeing. By that ratio my 282 shares would be reduced to 47 but only 4% of that is around 2. Which is what Fidelity says I have. At a 90% loss so the creditors can get rich. Yay!

 

[jsasker007]

Probably see some type of class action suit for this one. Might have to join in if that's the case. We'll see

 

[SD51555]

I'd be very careful with penny stocks at this point. The market is so ripe with aggressive retail investors, that any trash can company can IPO and it'll get eaten up because investment banks write puff pieces about them trying to get their banking business.

 

[Angus 1895]

Just curious…do you a) believe that the economy will just collapse and b) if it does you think bartering a couple silver pieces around is gonna save your existence!
If the economy collapse and therefore society I think owning some silver is the least of my concerns

Agreed

I invested in marlins instead!

 

[jsasker007]

With guns and ammo you can "acquire" everything else. jmo

 

[SD51555]

LMT keeps on truckin! This is pulling my whole Roth forward.

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[Telemark]

If you bought WOLF while it was in bankruptcy, it was more of a lottery ticket than an investment. I wouldn't sell if you held til this point. Give the goofballs coming in after the PDT rule change enough time to make a meme of it.

 

[hunts_with_stick]

I did buy something Amazon today, but that’s it. Looks like it has taken a small dip

 

[jsasker007]

I've been riding ASTS, SATS and TLRY lately. TLRY is the one that's really gonna pop off once they start getting a little more traction in my opinion. ASTS & SATS are competing with each other but sounds like there's plenty of room for both so for now I'm holding both but way heavier on ASTS.

 

[bwoods11]

10 yr return on Garmin !

 

[Bowsnbucks]

Looks like they got out of debt by screwing over their investors.

We don't need any stinkin' financial regulatory agencies with teeth to prevent these things from happening. We should just trust those businesses and their gazillionaire CEO's to do right by us - - - and not load their own pockets with some sort of pump & dump moves ............

Some financial regulatory agencies have recently been gutted, de-funded, or completely eliminated. CFPB is one that made the news. Trust 'em, boys ....... trust 'em.

 

[jsasker007]

We don't need any stinkin' financial regulatory agencies with teeth to prevent these things from happening. We should just trust those businesses and their gazillionaire CEO's to do right by us - - - and not load their own pockets with some sort of pump & dump moves ............

Some financial regulatory agencies have recently been gutted, de-funded, or completely eliminated. CFPB is one that made the news. Trust 'em, boys ....... trust 'em.

Gives the lawyers plenty to do. Trust half of what you see and nothing that you hear. Now with the AI you can't even trust half of what you see.

 

[Barndog56]

Right, because only during a Trump presidency has a company been allowed to enter Chapter 11 bankruptcy and restructure their debt.

Investors had from June 30, when they filed for bankruptcy, until the end of September to sell their shares.

 

[SD51555]

STZ is getting some legs. My first lot cost me $161/share. Second equal sized lot cost $132 on Friday, So I’m in at $146 average.

They report on 10/6. I’m hoping all the weak knees have been driven out and there is a pop coming in less bad news. I’m not selling any calls into the earnings report. If they pop, I don’t wanna get left losing it $15 below the market price.

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[SD51555]

Buffett's Berkshire Near $10 Billion Deal For Occidental's Chemical Unit | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[hunts_with_stick]

Keep an eye on cat. If it takes a downswing today and tomorrow might be a great opportunity to jump in