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#12586 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Posts: 129,259
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#12587 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Down over 3% on the QQQs.....
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Posts: 129,259
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#12588 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Quote:
Now stop getting so worked up before your fatass strokes out or has a heart attack. |
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Posts: 11,432
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#12589 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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I recognize that I'm an optimist on this stuff, though historically optimism is a good thing for investing in stocks.
But here's my thinking. Some of this drop (and much of the recent drop) is due to the Ukraine invasion. It's a war, so it'll end or stalemate at some point. Unless the world goes insane and a bunch of nuclear launches destroy civilization, that means we'll gain back those losses once the uncertainty ends. And if civilization is destroyed, my money's gone anyway. So this seems like a time to buy. |
Posts: 142,500
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#12590 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
Your post would make Warren Buffett proud. |
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Posts: 40,735
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#12591 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
I'm a dumbass, but I'm guessing the market movers were scared about the inflation. Inflation - employment stagnation - ![]() At least that's what happened in the 70s. |
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Posts: 57,599
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#12592 | ||
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
Quote:
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Posts: 6,151
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#12593 |
Fish are scared of me
Join Date: Nov 2001
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Look at these small oil/energy stocks the last few days, Holy cow!
HUSA 495% today alone OEG 32% MXC 26% , 84% yesterday INDO 51% , 101% yesterday IMPP 119%, 53% yesterday MARPS 100% USEG 47% ENSV 85% NINE 99% REI might be next , I just grabbed 200 shares just in case. The floats only 68 million and has short interest at 23%, PRIMED to bust a nut! EDIT: Bought at $3.85 and it's already at $3.86 an hour later. I'm getting excited! Last edited by Hog's Gone Fishin; 03-07-2022 at 09:11 PM.. |
Posts: 40,735
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#12594 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Holy ****ing balls.
What business do they have getting in a war if they're that ****ed? Or is it just that the Western Countries set out to **** Russia in response. I'd be interested to see the numbers they're using for that analysis because if it's based on the devaluation of the Ruble... it's unlikely it will stay there (I think?) and if there is one thing Russia is not, it's a 3rd world country. |
Posts: 57,599
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#12595 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Bought 150 more AMC today @ 15, average down to 21.32/share now. Still up big overall, and will be buying this site from Kyle when it rips again.
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Posts: 11,432
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#12596 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
The two banks targeted by sanctions European businesses have already folded. With the Ruble hurting, the central bank would normally lean on foreign currency reserves but they're limited in that regard. Shell & BP abandoned multi-billion dollar projects with two large Russian Oil producers. I'm sure they'll sell them at pennies on the dollar. Visa & MC made it where cards issued by banks in Russia, only work in Russia. Cards issued outside Russia, won't work in Russia. Paypal stopped service to Russia. Tons of retail vendors have just closed all their shops. At some point, if you're isolated from the world economy and nobody will invest money into your gov or businesses, does your credit rating even matter? |
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Posts: 6,151
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#12597 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
And frankly, from an economic standpoint, it's better to get along, because if it comes to picking sides, China probably goes with Russia. Too much shared border and low-freight commerce to shit where you eat in that regard. Spoiler for potential DC:
Spoiler!
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Posts: 57,599
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#12598 |
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Join Date: Jan 2009
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Posts: 64,134
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#12599 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,599
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#12600 |
In Search of a Life
Join Date: Aug 2005
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Tired of seeing my accounts in the red- thinking of liquidating everything?
3 more years of this shit and my accounts will be worthless. |
Posts: 43,200
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