Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!

Big Phoenix

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No idea. Iirc the preferred replacement was all for printing money and ignoring interest rates as well.
 

Sanrith Descartes

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I think all this did was remove a tiny little bit of uncertainty. The market abhors uncertainty.
 

Fogel

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Thanks for the tendies Blazin Blazin

1637594415066.png
 
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Sanrith Descartes

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Lockdowns assfucking the payment processing companies again. Its insane to me people are paid to sell stocks over a short term issue like this. This is why fund managers cant beat the indexes. They refuse to ride out short term market shocks because it might hurt their personal year end bonus. Great fiduciary duty there.
 

Fogel

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The feedback I've seen on PLTR are that while its got growth per quarter, the growth % isn't as high as most anticipated

 
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Zog

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1637597379941.png



Definitely looking like a reversal, think it's partly the scrap business but also people might be getting more anxious about growth and want a decent value stock with all thats going on in the markets.
 

Sanrith Descartes

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Actually had $18 in mind as my reentry. Am I about to sell my first put? 🧐
Here is the current chain. I am looking for 30 cents and it may not dip low enough for it to trigger. Currently about 26/27 cents a share (or $26/$27 per contract) premium. If assigned you would own the stock at a cost basis of about $17.74

1637597877858.png


And it just triggered.
 

Big Phoenix

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NASDAQ shit the bed within the span of 30 minutes while Dow is up almost a point. Clown market.