Stock Market is the bottom in?

[Telemark]

Well that failed mightily.

 

[Telemark]

I've never seen anything like that before. Incredible momentum, and then a complete reversal, on news that the stock should be valued much higher than it is. I guess its history scared everyone off. Maybe there's something fishy going on with the company. Oh well. I'll just hold my shares and see what happens. I only got in with 100 shares, so it's not that expensive a gamble if it crashes and burns.

 

[jsasker007]

TOPS looks like it's had several reverse splits. Good one to stay away from in my opinion. Can't find much current information about it but at one time they had 6 reverse splits in 2 years I believe is what the one article said. Stocks like that usually just keep diluting from what I've seen.

 

[Telemark]

Yeah, I'll just take the loss and move on. It looks like it was a short squeeze, and after people looked into it, they all sold and went to lunch. There's a lot of negative comments about the company and the way they manage it. I'll hang on to one share to keep an eye on it in case it squeezes again. Oh well, first red day this year.

 

[jsasker007]

I think I've had more red days than green so far this year. At least it sure feels that way.

 

[Telemark]

I think I've had more red days than green so far this year. At least it sure that way.

I don't count red days on my long-term portfolio. It's not a reasonable way to measure a long time horizon. I check it about weekly and then revise my thesis and adjust accordingly. I only care about the daily P&L in my trading account.

 

[SD51555]

I think I should take a thousand bucks and play at the money options for near term expiration. It’s pure rocket fuel meets crack and meth gambling, but I feel a guy could make mountains of money or be broke in hours.

Stupid is the pattern. Might as well try it. If it goes up, sell, if it goes down, buy.

https://twitter.com/x/status/2031435511252820460

Sent from my iPhone using Tapatalk

 

[jsasker007]

One of my workers used to say if he wins the lottery he's spending 90% on booze, drugs and hookers and then he's just gonna waste the rest.

 

[bigboreblr]

Gotta love a few hundred million idiots with robinhood on their phone......... like me.

Seems everyone and their mother is pushing ondas.

Fertilizer market might be a real mess too. Ag coop cant even get a price from their suppliers right now. IT's 78 in NY. Way too nice not to be outside. Heading there tomorrow and scooping up what they have from last year. Keeping an eye on brazil potash.

My original rule was to sell chevron when it went up to 20 a share, but not below 15 a share gain. Right on that edge. Dividend day is here too 1.75 a share.

Out of bright ideas, seems one of the better ones I see is from folks on here.

That Japanese food stock AJINY is up 4% since I got it, the semiconductor insulator theory might not make it a complete bottle rocket, but maybe a nice bump. Either way its appears undervalued, and keep in mind Japan money market is a mess. So, if they import from japan US sales should be a good profit this year. Some basic staples is probably good for the mix.

Anybody have a good pick for financial stocks? Seems blackrock got close to being overextended a few days ago. Might make a dip if you choose to buy the dark side.

 

[buckvelvet]

CLNN seems like a solid target stock.....

 

[bigboreblr]

Ajiny in robinhood is saying pending corporate action. This is the Japanese food stock with a possible ingredient for semiconductor insulators. See what the 930 starting gates does here. Only got a handful of shares.

AGH is a golf course stock that is merging into a drone company. Trumps kid. Might be a bottle rocket. The kids in the DC yard will probably fight this.

 

[buckvelvet]

CLNN seems like a solid target stock.....

I guess if anyone bought this after I said it, you're welcome for the 9% increase today....

 

[PatinPA]

University of Texas gonna have a hell of a football team

Texas Tech I believe has more oil baron alumni. They're spending money like crazy.

 

[Brian662]

This will be a problem in the next decade. Cuts to social security will be the nail in the coffin to anyone who executes them.

 

[jsasker007]

This will be a problem in the next decade. Cuts to social security will be the nail in the coffin to anyone who executes them.


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Not much to show for anyone who actually worked their entire lives. Guessing the deadbeats living off of the system brought the average down quite a bit. jmho

 

[Brian662]

Not much to show for anyone who actually worked their entire lives. Guessing the deadbeats living off of the system brought the average down quite a bit. jmho

It's the median, not the average. Average would be much higher.

 

[jsasker007]

It's the median, not the average. Average would be much higher.

LEARING something new everyday.

 

[bigboreblr]

Not sure of today, but 15 years ago many south American people would come to the US in their 50s and 40s. Get pensions where they came from, get health benefits up here. On paper they look broke.

My mom worked 28 years at the same place with a pension. Sold the place and gave her 32 thousand.... there 's your 30 grand right there.

 

[Telemark]

I bought some AMZN today near 208. Hopefully it keeps falling. I'd like to get more down around 200 or even lower.

 

[Barndog56]

There is a whole world of people out there who don't have money saved for retirement, who live paycheck to paycheck. And you encounter them every day. They work at places like Kwik Trip, and Ace Hardware, your local grocery store, Walmart, restaurants, fast food places, and on and on.

Not everyone can be a manager or supervisor, get into a well paying career, or own their own business.

For those of you who own your own business, what percentage of your employees do you think have $30k saved up?