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!

Locnar

<Bronze Donator>
2,821
3,132
Someone tell me when the bottom is in, I'm ready to buy.

I hope so. My performance updated since we are in a new month, and for the first time I'm officially in the hole for the year, down 8 percent overall. When I look at that graph and see all the peaks I could have sold in....... grrrrrr
 
  • 1Diamond Hands
Reactions: 1 user

Edaw

Parody
<Gold Donor>
13,285
88,071
  • 2Worf
  • 1Like
  • 1Rustled
Reactions: 3 users

Big Phoenix

Pronouns: zie/zhem/zer
<Gold Donor>
46,392
98,597

um guys?
Ambulance chasers of the financial world.
 
  • 5Like
Reactions: 4 users

Jysin

Ahn'Qiraj Raider
6,457
4,345
I get countless lawsuit notification emails / mail from stocks I trade over the course of a year. As Big P said, there are firms that solely just look to file class action suits and hope to bank on it. Ambulance chasers indeed.
 
  • 4Like
Reactions: 3 users

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,543
120,812

um guys?
You obviously haven't spent time in SPAC world. I don't think I have owned a SPAC that hasn't had some shyster lawfirm trying to drum up a class action suit for some reason.
 
  • 4Like
Reactions: 3 users

Edaw

Parody
<Gold Donor>
13,285
88,071

Screenshot 2021-12-05 at 19-26-40 CBI revises next year’s economic growth forecast down to 5 1%.png
 
  • 1Like
Reactions: 1 user

Borzak

Bronze Baron of the Realm
25,450
33,206
Everything I buy gets sued apparently. I get them often for stocks, insurance, and often firearms for some "defect". The best was reading about people complain about the Starkist Tuna class action suit and they got $1 or some such lol.

Dad sent one in for a Remington 870 shotgun probably 30+ years ago for a barrel problem. He got paid $11 or something, and gave me the shotgun lol.

Not even going to put any faith in those forecast until they start cutting them in half.
 

Cad

scientia potentia est
<Bronze Donator>
25,426
49,042
Everything I buy gets sued apparently. I get them often for stocks, insurance, and often firearms for some "defect". The best was reading about people complain about the Starkist Tuna class action suit and they got $1 or some such lol.

Dad sent one in for a Remington 870 shotgun probably 30+ years ago for a barrel problem. He got paid $11 or something, and gave me the shotgun lol.

Not even going to put any faith in those forecast until they start cutting them in half.
The lawyers didn't get $1 and the company didn't only have to pay $1. I know the end consumer doesn't get paid much on those deals, but the company is punished the law firms all make money, which is the point.
 
  • 2Like
Reactions: 1 users

Furry

🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
<Gold Donor>
21,906
28,638
Yes, Thiel.
I agree the Roth change sucks, but at the same time it was necessary because of jerkoffs like Thiel, so we all knew this was coming. There’s probably a sensible spot in the middle, where the rich can’t turbo abuse it for crazy money. Maybe something like a cap on withdrawals per year at the max income to contribute +50%. Anything still in it when you die goes out to kids as taxable income. Thatd make it very good for most people, but a minor benefit for the extremely wealthy.
 

Jysin

Ahn'Qiraj Raider
6,457
4,345
TSLA <$1k premarket. MTTR down another 5% premarket. LCID down 15% pre.

Overall, seeing a continued selling of the high growth, ultra high PE stocks. Boomer stocks continuing relative strength.
 
  • 1Thoughts & Prayers
Reactions: 1 user

Jysin

Ahn'Qiraj Raider
6,457
4,345
Just hit the wire. Tesla also being investigated by the SEC over claims about their solar panels.

 
Last edited:
  • 1Like
Reactions: 1 user