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06-10-2020, 09:59 PM | #5326 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
WTF would you put 20% of your IRA into one ****ing stock? That's just plain ****ing idiotic no matter which stock it is! |
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Posts: 128,993
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06-10-2020, 10:00 PM | #5327 |
fides quaerens intellectum
Join Date: Oct 2003
Location: United States
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Posts: 15,986
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06-10-2020, 10:02 PM | #5328 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Posts: 128,993
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06-10-2020, 10:07 PM | #5329 |
fides quaerens intellectum
Join Date: Oct 2003
Location: United States
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Alright. Just asking for a friend. I’m personally planning on dying before retirement so i just speculate entirely with my IRA. I call it tax free gambling.
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Posts: 15,986
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06-10-2020, 10:15 PM | #5330 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,153
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06-11-2020, 01:45 AM | #5331 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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I own 180 put options at $33.50 strike on TWTR that expire Friday. I paid $9 a contract plus commissions. If today turns out to be as bad as the futures look right now, I may have hit a nice score.
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Posts: 51,461
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06-11-2020, 05:55 AM | #5332 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
In the short/intermediate term probably not. Ag-everything right now is ass. I can’t imagine forestry is better. Commercial/Home turf doesn’t move enough dollars to move the needle. I’d pick them over Agco or CNH, but expecting them to outperform the market is a big ask in their environment. |
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Posts: 57,369
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06-11-2020, 06:29 AM | #5333 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Hog Farmer got out of pigs and pork too soon. The Chinese are buying every piece of swine they can find at ridiculous prices. Profits at all time high for hog farmers.
He coulda been a contender. LOL |
Posts: 51,461
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06-11-2020, 06:52 AM | #5334 |
MVP
Join Date: Mar 2019
Location: KC
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Posts: 7,316
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06-11-2020, 07:12 AM | #5335 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Big day coming!
Hope you guys timed it perfect and sold yesterday. Some nice lessons in trying to time the market are being presented. |
Posts: 45,919
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06-11-2020, 07:29 AM | #5336 |
I'll be back.
Join Date: Nov 2002
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EVERYTHING ON SALE
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Posts: 282,878
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06-11-2020, 07:42 AM | #5337 |
Seeking the Truth daily
Join Date: Jan 2006
Location: In the Country in MO
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What triggered this foolishness
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Posts: 53,656
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06-11-2020, 07:53 AM | #5338 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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The headlines will tell you it is fear of a second wave of Covid....
Anyone that has spent anytime watching Wall St. will tell you it's because too many "experts" missed this rally. It is looking more and more like this was a retail investor driven rally. Many "experts" have been holding back. One of the more prominent ones had to come out a week or two ago and admit he was wrong and he wasn't the only one. So what happens? Quick sell offs to let them start getting back in. The futures were down just over 100 points at 9pm or so last night. What changed significantly between now and then? Nothing. |
Posts: 128,993
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06-11-2020, 07:59 AM | #5339 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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What happened to all of the posts about how much money you're all making?
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Posts: 52,154
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06-11-2020, 08:00 AM | #5340 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Posts: 128,993
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