Investing General Discussion

Falstaff said:

This is like my Facebook holdings. Bought at $38 after the IPO in my wife’s little IRA from an old job. I think she had like $2200 in there? I just used it all. She doesn’t even know about it. Will be fun in 20 years to show her assuming it maintains like this.

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There was a guy on the bb forums who would always advocating for PLTR. He literally spent years spamming the thread saying to buy it. I don't think anyone cared because everyone was focused on stocks that had much better performance. I'm pretty sure many people were laughing at him (myself included) because while it did get up to the $40s or before interest rate hikes, it crashed pretty hard after that leaving everyone holding some pretty costly bags.

Last I remember, that guy had his entire portfolio in the damn thing all the way at $8 or something, and never sold a share. Dude must be happy as fuck now. Once you see that kind of return, I imagine that it's a stock you hold for life.

Arden said:

Pimps have taken a big hit in recent years, actually. It's just not the profession it used to be.

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Falstaff said:

This is like my Facebook holdings. Bought at $38 after the IPO in my wife’s little IRA from an old job. I think she had like $2200 in there? I just used it all. She doesn’t even know about it. Will be fun in 20 years to show her assuming it maintains like this.

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I was off a bit, bought September 6 2013 for 43.94 a share. Current gain is 1,508%.