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Stock Market is the bottom in?

I never gamble on those volatile stocks unless it’s a small amount of $$. Under $500. You can get burnt so bad . Remember there were buyers paying a hundred dollars a share for GameStop?😒
 
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I think GME went to about $490 before it came back down to Earth and hasn't done a damn thing since.
 
I never gamble on those volatile stocks unless it’s a small amount of $$. Under $500. You can get burnt so bad . Remember there were buyers paying a hundred dollars a share for GameStop?😒
I did a little reading on that today. It sounds like BYND issued a piss pile of shares to help bail the shorts out. It's not quite that simple, but it seems like their timing was at best horrible, and worse, their action took their own shareholders out and the knees to save the coyotes that were trying to take the company out at the knees.

A guy I know wanted to get in on that yesterday and I told him to stay far and away from those bro stocks. What a turd that whole deal was.
 
I’ve got several put options on bynd. It won’t sustain this bs
 
I did a little reading on that today. It sounds like BYND issued a piss pile of shares to help bail the shorts out. It's not quite that simple, but it seems like their timing was at best horrible, and worse, their action took their own shareholders out and the knees to save the coyotes that were trying to take the company out at the knees.

A guy I know wanted to get in on that yesterday and I told him to stay far and away from those bro stocks. What a turd that whole deal was.

They should have issued stock, it was the prudent thing to do to save the company from going to zero. It’s a failed business model that is eventually going to zero. No bank is giving them capital at reasonable rates. They were given a gift by becoming a meme stock. Issuing shares gives them a chance to raise capital and extend their lifespan. Its AMC and GME all over again and the exact same playbook.
 
NEM reports today after market close. I've got a put out there at $87. I hope I can get it. I'm liking what I'm seeing out of the company for cash management. They're doing some measured buybacks right now, but not going hog wild. They're all fun and games until the shares get halved after all that cash is blown on it.
 
Looks like I'm getting my NEM shares at the end of the day.
 
Some of the ag stocks are beaten down like CNH . Case IH . Rumors of China buying soybeans could kick start the commodities market . I see 20% jump on Case (at least) . I have a lot of shares , because my son works there as an engineer … so I am biased 😄
 
Pretty quiet in here today...

Apple= all time high
NVDA= all time high
Sofi= all time high with very important earnings tomorrow
Palantir= all time high
S&P= all time high
IWM= all time high
Google= all time high
Microsoft= not far from ATH
AMD= all time high

My own portfolio(s)= ATH


I own all the stocks on that list. They have all been very good. Tomorrow morning SOFI has earnings. Really hope they don't shit the bed. I am reading LOTS of bullish chatter about SOFI. Would be a great time for a rug pull.
 
Pretty quiet in here today...

Apple= all time high
NVDA= all time high
Sofi= all time high with very important earnings tomorrow
Palantir= all time high
S&P= all time high
IWM= all time high
Google= all time high
Microsoft= not far from ATH
AMD= all time high

My own portfolio(s)= ATH


I own all the stocks on that list. They have all been very good. Tomorrow morning SOFI has earnings. Really hope they don't shit the bed. I am reading LOTS of bullish chatter about SOFI. Would be a great time for a rug pull.
We have a lot of the same stocks …

Apple is my top holding since 2011. I have Nvidia , Sofi & 250 shares of Palantir 💴

A few others I have doing well lately (Valero Energy, CVI, Winnebago , UAN, Taiwan Semiconductor, & JP Morgan )
 
Ath is right! I wish I could cash out!;). If I was really close to retirement I would!
 
RNA
Popped strong for me yesterday.

I dunno if it’s going to run any further.
 
A Rising tide floats ALL boats. That’s what scares me. I’d like to sell more, but they all seem legit. I did sell a loser today, thinking if it can’t gain in this market it isn’t going to in a down market!
 
A Rising tide floats ALL boats. That’s what scares me. I’d like to sell more, but they all seem legit. I did sell a loser today, thinking if it can’t gain in this market it isn’t going to in a down market!
After selling our lake home to downsize....we are sitting on a bunch of cash. Also got some big capitol gains tax to be paid....and some other factors. Been looking to harvest some losses....have nothing that even begins to be meaningful. Lots of tax and planning meetings going on....and just gonna have to grin and bear it. I think cash is king for a bit here. Sooner or later we are going to see some fear creep into th.is crazy market. Shaking it over here boss.

We are old....and the only thing that makes sense for us is to gift all we can to our kids and grandkids. Maybe a charitable trust is in our future? Dunno. Good problem to have I suppose..... or maybe a Lambordini? our car and truck are 8 and 9 years old....I suppose we could upgrade......or start gambling. Ugh.
 
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I’ve been picking up shares of CEF this past week or so as metals have cooled for the moment. I’m not piling in because I could see a metals crash if there is a market spook. Still I think we’re done with cheap precious metals. I’m not gonna get overweight thinking this is it, but as options cash comes in I have been converting it from dollars to metals.

There are some other stocks out there still in buy territory. Also picked up some UNP and PRU in my 401k as that’s been coming in.


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