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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
Join Date: Aug 2005
Location: Donkey Land
Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 03-07-2022, 04:47 AM   #12556
scho63 scho63 is online now
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Join Date: Feb 2009
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Originally Posted by MTG#10 View Post


Don't you have a whore your fatass needs to go pay? Greasy bundle of sticks.
Already paid your Mom and sister $5 each for two blow jobs and a rim job.

Wanna bet your existence on CP?

You have no balls, just a big bullshit mouth and a loser strategy.

Gonna take the bet pussy?
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Old 03-07-2022, 07:06 AM   #12557
scho63 scho63 is online now
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This morning on CNBC Worldwide Exchange, a Wedbush analyst took a blowtorch to Cathy Wood and her Ark Funds. Called them complete garbage and that she had the worst strategy as a portfolio manager, trying to catch falling knives by keep buying in as the tech wrecks kept dropping by 30-40-50% or more.

It was the most brutal attack from one Wall Streeter against another since Carl Icahn went after Bill Ackman over Herbalife.

Basically said she did nothing to protect her clients assets in a tough market and made it worse by an overly risky strategy.
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Old 03-07-2022, 07:29 AM   #12558
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Join Date: Nov 2001
Quote:
Originally Posted by Rain Man View Post
My hunch is that they do reverse stock splits and then people see that the stock is a buck or two and buy it because it seems cheap, and then they reverse split again and the process repeats. It looks more like a psychological trick on penny stock investors than anything else.

This web site doesn't think much of them: https://seekingalpha.com/article/434...r-u-s-exchange

It looks like they just do massive stock issues frequently to get people to buy in, even though it's not creating value. It dilutes existing stock holdings and then they reverse-split back to some level of capitalization and everyone who bought stock loses most of their value through dilution: https://www.fool.com/investing/2020/...s-are-buy.aspx
I just found it odd that on 8/1/2013 the closing price was $13,545,600,000

And it ranged from 5B to 8B for over a year with "0" volume. I guess people were too scared to buy at that time.
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Old 03-07-2022, 07:32 AM   #12559
Buehler445 Buehler445 is offline
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I hedged wheat too early. If you want to look at madness in a market look no further than the Kansas City Wheat. There is a bunch of wacky ass shit going on both on the board and locally.
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Old 03-07-2022, 07:35 AM   #12560
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Rainman, Do you still have BBBY ? It's busting a nut today!
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Old 03-07-2022, 07:37 AM   #12561
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Quote:
Originally Posted by Buehler445 View Post
I hedged wheat too early. If you want to look at madness in a market look no further than the Kansas City Wheat. There is a bunch of wacky ass shit going on both on the board and locally.
We're reliving 2008, that's the year that did me in with $8 corn.
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Old 03-07-2022, 07:49 AM   #12562
KCUnited KCUnited is offline
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Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s.

So thanks!
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Old 03-07-2022, 08:21 AM   #12563
scho63 scho63 is online now
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Quote:
Originally Posted by Hog's Gone Fishin View Post
We're reliving 2008, that's the year that did me in with $8 cornHOLE.
FYP
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Old 03-07-2022, 08:25 AM   #12564
Buehler445 Buehler445 is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
We're reliving 2008, that's the year that did me in with $8 corn.
2008 was the year wheat went nutty. 2012 corn went to $12, so be glad you didn't have to stock up on that shit.

But even back in 08, the elevators would still offer a bid on the July contract for wheat. My coop and Garden City Coop are the only elevators still offering bids on the July contract. Everyone else has moved to the Sep (ginormous inverse carry) or offering no bid at all.

A broker told me there was an end user that was trying to buy wheat, delivered like now, of the July 2023 futures. Nevermind that that is 20% off the July market.

That shit didn't happen in 08.
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Old 03-07-2022, 08:26 AM   #12565
Buehler445 Buehler445 is offline
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Originally Posted by KCUnited View Post
Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s.

So thanks!
Yeah, I bought some Oneok that I made a little money on. It wasn't outstanding money, but it was green. Unlike the rest of my brokerage account.
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Old 03-07-2022, 09:05 AM   #12566
neech neech is online now
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Originally Posted by KCUnited View Post
Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s.

So thanks!
Seems like a good idea to me.
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Old 03-07-2022, 09:51 AM   #12567
petegz28 petegz28 is offline
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QQQs down yet another 2% this morning. SPYs not far behind.
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Old 03-07-2022, 09:57 AM   #12568
scho63 scho63 is online now
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Quote:
Originally Posted by petegz28 View Post
QQQs down yet another 2% this morning. SPYs not far behind.
What's the next line of support?

What's the chart saying or is there no real support here?
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Old 03-07-2022, 09:59 AM   #12569
petegz28 petegz28 is offline
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Originally Posted by scho63 View Post
What's the next line of support?

What's the chart saying or is there no real support here?
$318 on the QQQs which is the low we set on 2/24. $410 on the SPYs.
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Old 03-07-2022, 11:15 AM   #12570
Buehler445 Buehler445 is offline
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Wish I held Kroger a few days longer.
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