Investing General Discussion

Shonuff · Nov 10, 2021

Mist said:
Until we successfully re-shore American manufacturing, this is what we're forced to deal with.

Yeah, because moving production over here is so much cheaper. NOT.

Sanrith Descartes · Nov 10, 2021

Rajaah said:
That's what I've been looking for actually. Crypto is too volatile for swing trading to reliably work, for the most part.

Right now I'm in SHIB and the main question is what I want to get out at profit-wise. People say HODL but I don't understand that for something like SHIB/Doge with little inherent value that is more liable to occasionally spike and reset than to be a long-term gainer.

So my big issue currently is when to opt out. I don't care about staying in and getting 10x or whatever pipe dream people are on about, I care about getting out whenever the getting is good. Making a nice chunk of profit would be great, but it isn't required. I'm hoping it reaches 1.5x or 1.75x of what I put in and will probably sell then, regardless of how much higher it spikes. I did however get burned with selling MATIC and MANA at modest (5% and 1%) profits right before both of them went through the roof not too long ago.

Ideally SHIB spikes again before the end of the year and then maybe I can switch to Palantir swings for slow but steady progress. I just need to figure out the SHIB exit number. I'm pretty apprehensive about stocks in the current environment (half-expect everything to crash) but I don't think Palantir is going anywhere in this new era of surveillance.

As an investor, my advice to you is that you need to have all these questions answered BEFORE you make the trade. You need (or at least should) have a strategy for every single trade. This is real dollars were are discussing. Have a plan to enter. Have a viable and realistic expectation of returns and timeline and have an exit plan.

LachiusTZ · Nov 10, 2021

Big Phoenix said:

Completely reasonable.

What stage of the bubble are we in again?

wormie · Nov 10, 2021

Rajaah said:
That's what I've been looking for actually. Crypto is too volatile for swing trading to reliably work, for the most part.

Right now I'm in SHIB and the main question is what I want to get out at profit-wise. People say HODL but I don't understand that for something like SHIB/Doge with little inherent value that is more liable to occasionally spike and reset than to be a long-term gainer.

So my big issue currently is when to opt out. I don't care about staying in and getting 10x or whatever pipe dream people are on about, I care about getting out whenever the getting is good. Making a nice chunk of profit would be great, but it isn't required. I'm hoping it reaches 1.5x or 1.75x of what I put in and will probably sell then, regardless of how much higher it spikes. I did however get burned with selling MATIC and MANA at modest (5% and 1%) profits right before both of them went through the roof not too long ago.

Ideally SHIB spikes again before the end of the year and then maybe I can switch to Palantir swings for slow but steady progress. I just need to figure out the SHIB exit number. I'm pretty apprehensive about stocks in the current environment (half-expect everything to crash) but I don't think Palantir is going anywhere in this new era of surveillance.

Take your initial investment out and then ride the rest to the moon for free.

Sanrith Descartes · Nov 10, 2021

Big Phoenix said:

Keep in mind this is going to suck out a lot of /wsb dollars from other plays. I expect meme stocks to get torched today as people move to the EV IPO "sure thing".

Big Phoenix · Nov 10, 2021

Shonuff said:
Yeah, because moving production over here is so much cheaper. NOT.

Its a self inflicted problem. Endless government regulation is what causes manufacturing to be vastly more expensive here.

But somehow Mist thinks rejoining Paris Climate Accord and introducing a whole slew of NEW environmental regulations is gonna make us more competitive.

Rajaah · Nov 10, 2021

Borzak said:
Well one owner bought tits for the secretary and she didn't last long. Every person that came in the office hit on her and she ran off with one of them.

That's hilarious. The hot 20 year old redhead at this mechanic shop probably gets asked out all the time. She always wears these tight jeans and shirts that end above the midriff. Occasionally when she walks past the other guys who work there, they do a quick glance at her posterior. According to her, they've all been total gentlemen to her, while customers tend to ask her out. I didn't ask her out myself for this very reason (and also being 17 years older, which she'd probably balk at if she found out, cause she seems to think I'm only late 20's). Also I don't think I could handle dating a hot chick that works with a herd of dudes all day every day. So instead I just find the whole scenario interesting.

Edaw · Nov 10, 2021

Big Phoenix said:

I wonder how much Elon is buying.

Mist · Nov 10, 2021

Shonuff said:
Yeah, because moving production over here is so much cheaper. NOT.

No, it won't make things cheaper, but it will raise American wages. That is the point. Shit will be more expensive but your average American worker will make more money. That is the whole point of breaking the globalists' agenda.

Shonuff · Nov 10, 2021

Big Phoenix said:
Its a self inflicted problem. Endless government regulation is what causes manufacturing to be vastly more expensive here.

But somehow Mist thinks rejoining Paris Climate Accord and introducing a whole slew of NEW environmental regulations is gonna make us more competitive.

I worked for a Big Three automaker. No matter what, the union takes the profits. That's the mentality, or at least it was, pre bankruptcy. Companies with unions tend to make below average profit margins.

Shonuff · Nov 10, 2021

Mist said:
No, it won't make things cheaper, but it will raise American wages. That is the point. Shit will be more expensive but your average American worker will make more money. That is the whole point of breaking the globalists' agenda.

So inflation soars even higher.

I'm not getting your point as to how that is going to lower inflation. Your argument failed on the first sentence of your post. Most of the inflation we are seeing is coming from labor shortages, which is driving up wages. You want to move production over here, which will boost labor wages even higher. Laborers in China don't make 1/10th of what they do here.

A completely illogical argument. Re-shoring just makes things worse.

Big Phoenix · Nov 10, 2021

Shonuff said:
I worked for a Big Three automaker. No matter what, the union takes the profits.

Oh I know all about that. My father was/is a Teamster.

wormie · Nov 10, 2021

Mist said:
No, it won't make things cheaper, but it will raise American wages. That is the point. Shit will be more expensive but your average American worker will make more money. That is the whole point of breaking the globalists' agenda.

Bruh wut? Wages rising due to inflation from the increase in money supply is not the same as wages rising due to increase in demand for labor. Fucking hell.

Mist · Nov 10, 2021

wormie said:
Bruh wut? Wages rising due to inflation from the increase in money supply is not the same as wages rising due to increase in demand for labor. Fucking hell.

We're seeing both of those effects at once. As long as 'supply chain issues' continue, there will be increased demand for labor. Watch, the globalists will try to use inflation as an excuse to repeal the Trump tariffs.

PPP was a massive scam. Businesses were given tons of free money, and now they're complaining that they actually have to pay it out to workers.

TheBeagle · Nov 10, 2021

Sanrith Descartes said:
Anyone going to throw money away.... I mean buy RIVN IPO today?

"The IPO comes as Rivian delivered its first vehicles, mostly to its own employees, just a couple of months ago. It will only produce about 1,200 units by year-end at its plant in Normal, Illinois. The company, which lost nearly $1 billion in the first half of the year, estimates that annual production will hit 150,000 vehicles at its main facility by late 2023.

Based on the share count, Rivian is being valued at about $76.4 billion on a fully diluted basis that accounts for stock options. That compares with a valuation of $27.6 billion after a $2.65 billion funding round in January, Bloomberg News previously reported. "

From 1200 units to 150,000 in 24 months?

If Fidelity will fill my buy at the $78 open then I will hope to ride it up on the initial IPO wave then dump asap. Somehow I think my pleb ass won't get that though. Definitely gonna watch it though.

Jysin · Nov 10, 2021

TheBeagle said:
If Fidelity will fill my buy at the $78 open then I will hope to ride it up on the initial IPO wave then dump asap. Somehow I think my pleb ass won't get that though. Definitely gonna watch it though.

Level 1 quote is currently showing $121 via the NSDQ route.

Highly doubt your're going to have any hope at a $78 fill.

Sanrith Descartes · Nov 10, 2021

TheBeagle said:
If Fidelity will fill my buy at the $78 open then I will hope to ride it up on the initial IPO wave then dump asap. Somehow I think my pleb ass won't get that though. Definitely gonna watch it though.

The fact those who are going to way overpay for this stock are missing is that while yes its an EV company, its still a manufacturing company. In the US. With US costs. Manufacturing margins in the US are poop on a stick. I say this from experience.

Big Phoenix · Nov 10, 2021

Sanrith Descartes said:
The fact those who are going to way overpay for this stock are missing is that while yes its an EV company, its still a manufacturing company. In the US. With US costs. Manufacturing margins in the US are poop on a stick. I say this from experience.

ELECTRONIC

Jysin · Nov 10, 2021

Sanrith Descartes said:
The fact those who are going to way overpay for this stock are missing is that while yes its an EV company, its still a manufacturing company. In the US. With US costs. Manufacturing margins in the US are poop on a stick. I say this from experience.

Careful there boomer. This is momo markets, not fundamental analysis markets!

Mist · Nov 10, 2021

Shonuff said:
So inflation soars even higher.

I'm not getting your point as to how that is going to lower inflation. Your argument failed on the first sentence of your post. Most of the inflation we are seeing is coming from labor shortages, which is driving up wages. You want to move production over here, which will boost labor wages even higher. Laborers in China don't make 1/10th of what they do here.

A completely illogical argument. Re-shoring just makes things worse.

Re-shoring was the entire point of the Trump economic agenda. Not re-shoring is how the globalists continue to fuck the American worker.

In order to fix the system for the American worker, you have to be willing to endure many years of increased inflation. This was the inevitable outcome of the Trump agenda, and accelerated by COVID. Do not expect inflation to stay as high as it is right now, we're getting double- or triple-whammied by money printing + post-covid bottlenecks + tariffs, but once the effects of the first two taper off, expect inflation to be greater than it was the past 20 years for a long time. The Fed was printing tons of money that entire time, and the government was spending tons of money that entire time; globalism was the main force keeping inflation low, but globalism was actually bad for the American worker.

Remember in 1984, when it was "Morning in America", inflation was @ 4.32%.

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