Investing General Discussion

Omayga · Mar 30, 2023

most of the larger online places are SELLING silver at 29-30 per oz but are only BUYING at 23-24 per oz

the spread seems to always be 20-40% so you need a massive movement in silver to make any profit if you have bought in the last 5-10 years

if you have older silver you can make some bank though if your basis is really low in it

Ishad · Mar 30, 2023

Is someone going for the Cramer?

Arden · Mar 30, 2023

Ishad said:
Is someone going for the Cramer?

Best to listen when Burry speaks. He has predicted 29 of the last 3 crashes.

Gravel · Mar 30, 2023

Tomorrow seems like an almost guaranteed profit taking day.

Mist · Mar 30, 2023

Today seems like the profit-taking day.

Borzak · Mar 30, 2023

Gravel said:
Maybe now is the time I finally sell all my pre-1965 quarters. Don't remember how many I have, but it was about $700 worth a few years ago.

That's how I got a lot of mine. Worked retail in high school and pocketed all the silver turned in and exchanged them, company didn't mind. Took them to the coin shop and exchanged them for silver rounds back then.

Borzak · Mar 30, 2023

Omayga said:
most of the larger online places are SELLING silver at 29-30 per oz but are only BUYING at 23-24 per oz

the spread seems to always be 20-40% so you need a massive movement in silver to make any profit if you have bought in the last 5-10 years

if you have older silver you can make some bank though if your basis is really low in it

Silver eagles are buying and selling for a higher amount over spot than they have in my lifetime compared to other types.

Sanrith Descartes · Mar 30, 2023

Nikola Announces $100.0 Million Public Offering of Common Stock

Nikola Corporation (Nasdaq: NKLA) today announced that it has commenced an SEC-registered underwritten public offering of up to $100.0 million of shares of its common stock, before deducting underwriting discounts and commissions and other offering expenses. Nikola expects to grant the...

finance.yahoo.com

Mist · Mar 30, 2023

Sanrith Descartes said:
Nikola Announces $100.0 Million Public Offering of Common Stock

Nikola Corporation (Nasdaq: NKLA) today announced that it has commenced an SEC-registered underwritten public offering of up to $100.0 million of shares of its common stock, before deducting underwriting discounts and commissions and other offering expenses. Nikola expects to grant the...

finance.yahoo.com

Have they made anything yet?

Sanrith Descartes · Mar 30, 2023

Mist said:
Have they made anything yet?

Mist · Mar 30, 2023

I know but it's still fucking funny.

Sanrith Descartes · Mar 30, 2023

Mist said:
I know but it's still fucking funny.

Sanrith Descartes · Mar 30, 2023

Shuttering operations and yet still above zero.

Sanrith Descartes · Mar 31, 2023

It appears he have a definite turn upward on the SPY 200-DMA as of 3/28.

Jysin · Mar 31, 2023

Banking crisis over, right?

Morgan Stanley downgrades Schwab (SCHW) yesterday and mentions its vulnerable to bank runs, forced to sell securities at a loss.

Chart looks like a red waterfall the last 2 days.

Sanrith Descartes · Mar 31, 2023

AAPL, CRM, META and MSFT all hitting 26-week highs this morning. Big Tech finally reasserting itself?

Sanrith Descartes · Mar 31, 2023

Jysin said:
Banking crisis over, right?

Morgan Stanley downgrades Schwab (SCHW) yesterday and mentions its vulnerable to bank runs, forced to sell securities at a loss.

Chart looks like a red waterfall the last 2 days.

Yeah I have been watching Schwab. Its not small and its got $7T in AUM (+/-)

Big Phoenix · Mar 31, 2023

Sanrith Descartes said:
AAPL, CRM, META and MSFT all hitting 26-week highs this morning. Big Tech finally reasserting itself?

As well as nvda.

Also fucking schwab.

Sanrith Descartes · Mar 31, 2023

Big Phoenix said:
As well as nvda.

Also fucking schwab.

Forgot the Chipmaster. Only like 3% from setting a new high.

edit: Forgot to add, NVDA was $275 (current price) on 1/3/2022. If you didnt panic sell in those summer months of 2022 and held tight, you rode out the storm and came out on the other side today. Quality stocks you just have to strap in for the long ride. Bonus points if you were adding the NVDA down around $130 or less.

Sanrith Descartes · Mar 31, 2023

Buy and hold is your friend.

3-year performance chart. From the Covid low to today. +46% up from the bottom.

Investing General Discussion

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