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**DaFace** · 06-27-2016, 11:23 AM

A place to talk about investing stuff.

**Rain Man** · 10-30-2018, 03:07 PM

Quote:

Originally Posted by Hammock Parties

So guys...how can I turn 11 grand into 25 grand in six months

I expect General Electric to make a rebound any day now.

blake5676 · 10-30-2018, 03:52 PM

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?

I'm usually not an impulse buyer. Almost all of my retirement is strictly in vanguard target date funds. But I remember last year reading this thread about US Steel after it dropped by 50% and almost pulling the trigger. And then kicking myself over the next 6 months when it went back up to the mid-40's after being around 20 at that time. I guess the moral of the story is there's a yin for every yang and more often than not it's better to just look for the solid long play than the easy quick buck.

Hammock Parties · 10-30-2018, 03:58 PM

Quote:

Originally Posted by blake5676

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes!

thanks asshole, i was trying to avoid looking at my account

**lewdog** · 10-30-2018, 05:24 PM

Quote:

Originally Posted by Hammock Parties

So guys...how can I turn 11 grand into 25 grand in six months

Hog's Gone Fishin · 10-30-2018, 05:35 PM

Quote:

Originally Posted by Rain Man

I expect General Electric to make a rebound any day now.

I just bought some on the dip.

ChiliConCarnage · 10-30-2018, 05:54 PM

Quote:

Originally Posted by blake5676

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?

The Chinese market as a whole has dropped quite a lot. IQ had 89% paid subscriber growth. That's good they just lost more than was projected. It's not even all that cheap at 5.5x revenue for a Chinese company that's losing money. That number will come down some tomorrow. It is interesting as it seems their content is popular

Netflix had a crazy first mover advantage in that all of their should be competitors didn't move at all. They didn't want to lose their lucrative cable model. IQ has a ton of competition and a nation not used to paying crazy cable prices.

**Rausch** · 10-30-2018, 05:58 PM

I don't know enough about this to make bold statements but with paypal and other similar money transfer services pulling privileges on big social media sites like gab does that inflate the "bit-coin" market?...

Amnorix · 10-30-2018, 06:06 PM

Quote:

Originally Posted by Rain Man

I expect General Electric to make a rebound any day now.

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.

**Rain Man** · 10-30-2018, 06:17 PM

Quote:

Originally Posted by Amnorix

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.

I remember you saying that you were going to sell. I should have followed your lead. I kept thinking, "meh, I'm getting the dividend and the stock price doesn't affect that". Well, now I'm not getting a dividend and I think I'm down 60 percent. That stings.

**lewdog** · 10-30-2018, 08:48 PM

Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.

Discuss Thrower · 10-30-2018, 08:49 PM

Quote:

Originally Posted by lewdog

Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.

I've got $2,500 in cash just collecting dat 1% APY sweep.

RunKC · 11-01-2018, 06:52 PM

https://www.cnbc.com/2018/11/01/here...acebook%7Cmain

401K Roth IRA contributions increased!

**Rain Man** · 11-07-2018, 10:14 AM

It's not worth a whole thread, but I found this fact interesting and very surprising:

https://www.cnn.com/2018/11/07/inves...ing/index.html

China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined.

**MahiMike** · 11-07-2018, 10:33 AM

Quote:

Originally Posted by Hammock Parties

So guys...how can I turn 11 grand into 25 grand in six months

Loan the money to a professional house flipper.

**MahiMike** · 11-07-2018, 10:35 AM

Will be interesting to see how these elections affect everything. Bump this morning.

06-27-2016, 11:23 AM
DaFace Kind of a mod DaFace's Avatar 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..
Posts: 51,794

10-30-2018, 03:52 PM	#2402
blake5676 Veteran blake5676's Avatar Join Date: Oct 2013	Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started? I'm usually not an impulse buyer. Almost all of my retirement is strictly in vanguard target date funds. But I remember last year reading this thread about US Steel after it dropped by 50% and almost pulling the trigger. And then kicking myself over the next 6 months when it went back up to the mid-40's after being around 20 at that time. I guess the moral of the story is there's a yin for every yang and more often than not it's better to just look for the solid long play than the easy quick buck.
Posts: 1,188

10-30-2018, 05:58 PM	#2407
Rausch Mindful Taoist German Rausch's Avatar Join Date: Aug 2000	I don't know enough about this to make bold statements but with paypal and other similar money transfer services pulling privileges on big social media sites like gab does that inflate the "bit-coin" market?...
Posts: 74,292

10-30-2018, 08:48 PM	#2410
lewdog Mod Team lewdog's Avatar Join Date: Sep 2011 Location: Valley of the hot as ****	Just gave a look at the old brokerage account. Woof. Maybe I won't look for a few weeks.
Posts: 45,580

11-01-2018, 06:52 PM	#2412
RunKC Andy Reid Supporter RunKC's Avatar Join Date: Apr 2012	https://www.cnbc.com/2018/11/01/here...acebook%7Cmain 401K Roth IRA contributions increased!
Posts: 46,113

11-07-2018, 10:14 AM	#2413
Rain Man NFL's #1 Ermines Fan Rain Man's Avatar Join Date: Jul 2001 Location: My house	It's not worth a whole thread, but I found this fact interesting and very surprising: https://www.cnn.com/2018/11/07/inves...ing/index.html China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined.
Posts: 141,448	1 0

11-07-2018, 10:35 AM	#2415
MahiMike He's Mahomie! MahiMike's Avatar Join Date: Aug 2001 Location: Jax, FL	Will be interesting to see how these elections affect everything. Bump this morning.
Posts: 17,387