Stock Market/Investing/Day Trading/Speculative Trading Thread

[Toe]

@iruletheskool Yeah, I mean there's clearly a lot of money to be made there, but there's clearly a whole lot of money to be lost there. They ain't playing by the same rules as everyone else, both the companies and the government. Good luck navigating all the bullshit.

 

[Faux Sean Callahan]

Stay away.

$LK was a good example of the norm

Don't trust the fucking Chinese with your money. Yes there is big money to be made but you are playing Russian roulette.

I only hold a handful of foreign holdings. They're all in the Americas too.

Not a fan of international because you are essentially adding risk without adding appropriate return.

 

[Toe]

@Faux Sean Callahan Yeah, from what I've seen most foreign stuff doesn't really have the returns to be worthwhile. Mostly just looking for a bit of diversification/non-correlation benefit. Thinking stuff like TSMC and Samsung, maybe a South Korean or Japanese-focused ETF or something.

 

[Toe]

Continuing the news from China...

A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.

Stocks slumped on the mainland and in Hong Kong, with the benchmark CSI 300 Index dropping 3.2% and the Hang Seng Index tumbling 4.1%, the most since May last year. Steep losses in education stocks in the wake of a sweeping overhaul spilled over into other areas, with technology, health-care and property-related stocks falling.

“I see panic selling in the market now as investors are pricing in a possibility that Beijing will tighten regulation on all sectors that have seen robust growth in recent years,” said Castor Pang, head of research at Core Pacific Yamaichi. “I don’t think investors can do any bottom fishing at this point. We don’t know where the bottom is.”

China Stocks Tumble in ‘Panic Selling’ Amid Broad Crackdown

(Bloomberg) -- A selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.Stocks slumped on the mainland and in Hong Kong...

finance.yahoo.com

 

[BingoDingo]

Ford folks. What you thinking post-earnings? Feeling like I'm gonna start offloading some here...but looks good.

 

[Faux Sean Callahan]

Ford folks. What you thinking post-earnings? Feeling like I'm gonna start offloading some here...but looks good.

I tripled my money and then sold down to my cost basis. Started doing it at $12 and basically DCA my way out of it.

So I'm at the point I'm just letting it ride. I really like the new CEO and it can basically 10x (iirc) then be the same value as tesla.

Also, my view for dinner...

 

[Savedatmoney]

Ford folks. What you thinking post-earnings? Feeling like I'm gonna start offloading some here...but looks good.

After hours looking gooooooood

 

[God is a Husker]

I tripled my money and then sold down to my cost basis. Started doing it at $12 and basically DCA my way out of it.

So I'm at the point I'm just letting it ride. I really like the new CEO and it can basically 10x (iirc) then be the same value as tesla.

Also, my view for dinner...View attachment 3927

lake McConaughy is beautiful this time of year, enjoy the 308

 

[God is a Husker]

Ford folks. What you thinking post-earnings? Feeling like I'm gonna start offloading some here...but looks good.

After hours looking gooooooood

In this house we don’t sell until it’s over 15

 

[God is a Husker]

 

[DrinkItIn]

I tripled my money and then sold down to my cost basis. Started doing it at $12 and basically DCA my way out of it.

So I'm at the point I'm just letting it ride. I really like the new CEO and it can basically 10x (iirc) then be the same value as tesla.

Also, my view for dinner...View attachment 3927

Awesome view! Is that ketchup bottle fore yore steak? 🙃

 

[Faux Sean Callahan]

Awesome view! Is that ketchup bottle fore yore steak? 🙃

Ya I had some grouper.. @Elizabeth Reed makes a mean microwave ribeye and catsup smother. That's who you need to ask 🤣

 

[Faux Sean Callahan]

Pain in after hours on Amazon

 

[Toe]

MRW my portfolio is down 0.5% today:

 

[Faux Sean Callahan]

Couple of my smaller holdings and a company of interest for me....
$LLY $SQ $DKNG $Z $ETSY

 

[God is a Husker]

Couple of my smaller holdings and a company of interest for me....
$LLY $SQ $DKNG $Z $ETSY

I am interested to see Draft Kings and then next week is Penn. Debt Kings buying market shares vs Penn spending most of their money on advertising (Barstool purchase).

Howeva…if Biden locks the country down again I don’t see how Penn can hold where they are because they are so much more brick and mortar

PS: and if that happens I’ll buy the dip again

 

[Faux Sean Callahan]

I am interested to see Draft Kings and then next week is Penn. Debt Kings buying market shares vs Penn spending most of their money on advertising (Barstool purchase).

Howeva…if Biden locks the country down again I don’t see how Penn can hold where they are because they are so much more brick and mortar

PS: and if that happens I’ll buy the dip again

Fuck Biden

Gambling is really appealing either way going forward.

Somebody was telling me that MGM is the way to play the space. I need to read more on it though.

 

[God is a Husker]

Fuck Biden

Gambling is really appealing either way going forward.

Somebody was telling me that MGM is the way to play the space. I need to read more on it though.

MGM gonna have the same issues as Penn if Biden does anything.

Brick and mortar Casinos are overhead that if they aren’t allowed full capacity (or any capacity) they lose huge money

 

[iruletheskool]

Locks down the country for what? Tia

 

[Faux Sean Callahan]

Locks down the country for what? Tia

Left is a bunch of idiots who are power hungry.