Blazin
Creative Title
- 6,927
- 36,060
I got a small portion of move and there was a final dip to below $120 that I was stopped out and didn't reenter
- 1
- 1
Investing General Discussion
- Thread starter Furious
- Start date
-
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!
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
This isnt a long term play. I generally despise T from my decades working there. I think they jump on earnings in a few weeks. They dumped a ton of bad news with the HBO spinoff. Odds are I am out after earnings.
- 1
Blazin
Creative Title
- 6,927
- 36,060
Could be speaking out of turn but you should look at like the last 3-4 yrs of AT&T plays and see what the actual rate of return. I understand the strategy but my hunch is that it's not been worth it. You're comfortable playing the game with it but how many times have you actually held long enough to collect the divy or really work a call strategy. Perception can get off but seems like you have played AT&T into a bad hand at least 10 times, not saying you lost money on it each time but that the action primarily worked against you. I did the same with verizon for awhile until I really looked at it figured out it's just at best busy work.
- 1
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
I went back and checked my trade log. 1st, Your memory is quite amazing for someone of your advanced age. 10 trades exactly not counting this one. As to the results, the options were nearly a wash, small green. The long positions had one real dog which ate most of the small profits on the other trades. Ten trades netted me a 7% profit. Not worth it. Thank you for pointing it out. Sold out my long at $15.22
- 4
- 1
ShakyJake
<Donor>
- 7,910
- 19,950
Why not do a CALL option play? Thinking about gambling on that since it's relatively cheap.
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
Blazin
Creative Title
- 6,927
- 36,060
Anyone who trades enough falls into a pattern where there are certain names we are just "comfortable" with, and that normally equates to "has never really hurt me". We tend to then keep these unproductive names more than we should. At least for me, this increases as we feel our options for other good choices declines. Those low beta names are just the fat chick down at the bar that's always available when desperate enough but really isn't worth the time.
- 2
- 2
This take suffers from lack of imagination and faith in technology, IMO. Synthetic meat is coming eventually just based on the fact that 80-98% of the feed energy invested in farming animal meat is wasted by the time you get to the end product. I don't think that even includes transportation. Vat growth, advanced cell-level 3d printing, or whatever the eventual solution is will be many multiples more efficient. And yes, current attempts are bullshit but some day we'll get to the point where the synthetics are indistinguishable. The sterility isn't a problem, and is actually a feature in comparison to the vile biohazards that are current meat packing facilities.
Plus, if you can synthesize some meat you can print any meat. I bet white rhino, elephant, and T-rex burgers are delicious.
Last edited:
- 1
- 1
- 1
Blazin
Creative Title
- 6,927
- 36,060
Chart turned bullish back in Dec/Jan chart looks excellent. Next challenge is ATH, it's extended but that tends to happen during strong bullish moves. Based on technicals I'd say it's a buy
- 2
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
I have owned it for years. I actually own both V and MA. It's basically a duopoly and people love their plastic.
- 1
- 11,008
- 57,906
It's analysis like this from our most seasoned trader that makes the FoH Stonkhouse the value adding powerhouse that it is!
- 2
- 1
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
Lambourne
Ahn'Qiraj Raider
- 2,857
- 6,819
It's definitely promising technology. I've had a summer job on a poultry farms, there is a ton of work (and waste) involved in getting chickens to the point where the meat can be used. Many costs that can be eliminated. It probably won't replace higher end products like chicken filets or steaks at first but I'm sure it'll end up in fast food products as an added component much like the infamous pink slime (which the FDA has since relabeled as ground beef so it's not even required to be listed as a separate ingredient anymore).
- 11,008
- 57,906
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
Anyone have thoughts on UNH? It benefitted greatly from Covid as people cancelled elective surgeries. Its earnings are still strong AF. Its bouncing off support at $455 and if it breaks down It will start looking interesting. I am thinking the bad news about all those rescheduled surgeries should be pretty much baked in at this point.
Sanrith Descartes
You have insufficient privileges to reply here.
- 44,402
- 120,078
If you go back in this thread about 18 months you will see some of us discussing that interest rates needed to be 7-9% to resolve this. This soft landing shit was always a bad idea. One thing the FED excels at is bad ideas.
Gravel
Mr. Poopybutthole
- 39,346
- 129,268
Yep, it's a repeat of the 70's. "Inflation is going down" so they'll ease up and start dropping rates by the end of the year. Inflation will come roaring back in another year or two even worse than it was. Repeat 3 or 4 times until you get a Volcker.
- 2