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Thread: Stock Talk

  1. #301
    #DeSantis2024 Teh One Who Knocks's Avatar
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    Quote Originally Posted by brah pitt View Post

  2. #302
    Shelter Dweller lost in melb.'s Avatar
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    Quote Originally Posted by Godfather View Post
    We must be close to the top of this market, there's no logic left.

    Go look at Sweetgreen (SG). They sell $16 salads in NYC.






    This is a f*cking 14 year old salad bar company hemorrhaging cash. Sales up 51% YoY, losses down just 13%. They do not appear to be turning any corners towards profitability. What kind of margin is this? They plan to double locations.... within 3-5 YEARS. Double the stores and double the losses - can't do it without heavy CapEx.

    How did this company raise $300 million? How is it valued at $5.5 billion with hardly a single headline having an ounce of skepticism?! This is a sick IPO in a highly competitive fast food market acting like it's a tech stock. In reality they're one Chipotle-style ecoli outbreak headline from disappearing, or maybe they'll just go under on their own in 3-years if they can't correct their revenue problem.

    Good for these three college kids who got rich and the guys at GS who took it public but wow... I dono anymore.
    I've been wanting to enter the stock market over the last couple of years, but it just frightens me, because I see no logic in what's happening. There's still far too much easy money around and I think the whole things just going to collapse

    (P.s. thanks Biden!)

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  4. #303
    Basement Dweller Godfather's Avatar
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    Crypto is crashing, the Hong Kong market is down 3.5%, same with Japan, US market futures are down 1-2.5% overnight right now... tomorrow will be a blood bath.

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  6. #304
    Hal killed Tormund! Pony's Avatar
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  7. #305
    Basement Dweller Godfather's Avatar
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    Woohoo I was right!!

    ...Anyone need their car washed? $25 today, $30 tomorrow, $50 by Friday.

  8. #306
    Take Box B DemonGeminiX's Avatar
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    Maybe I'm reading everything wrong, I haven't looked over everything with a fine tooth comb, but it didn't really look like any individual stocks fell really hard... it's just that all stocks were down a little and that added up to entire indices falling.

    And bitcoin pulled back, but that happens every year.

    I guess we'll wait to see what happens tomorrow.


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    Music was better when ugly people were allowed to make it.

  9. #307
    Basement Dweller Godfather's Avatar
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    Some pretty big one day losses still, Boeing, Ford and GM all down over 7% in a single day. S&P 500's top 10 companies have lost more than $1 trillion in market cap in 4 days of trading.

  10. #308
    Take Box B DemonGeminiX's Avatar
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    Quote Originally Posted by Godfather View Post
    Some pretty big one day losses still, Boeing, Ford and GM all down over 7% in a single day. S&P 500's top 10 companies have lost more than $1 trillion in market cap in 4 days of trading.
    Out of the S&P, Dexcom took a massive hit. -76%. Boeing's a government contract. Their profit is assured. They'll shrug it off and recover. The automakers are always going to take a hit when gas prices are high. Couple that with the supply chain issues, and it's a double whammy. But they've been in worse positions before and they've recovered. They'll do it again.

    The top 10:
    #1 Apple (-3.5%, so what)
    #2 Microsoft (-3.7%, again, so what. They control our lives anyway. They'll just make us buy Windows 12 and make more money)
    #3 Amazon (-5.3%. Honestly, they deserve it. If they lowered the cost of Prime, they'd be soaring.)
    #4 Alphabet A (-3.9%. They haven't lost enough, in my opinion. Fuck Google)
    #5 Alphabet C (-3.7%. See above)
    #6 Tesla (-7.6%. Whatever, they've been down worse before.)
    #7 Berkshire B (-3.4%. I'm sure Buffett's losing sleep over this.)
    #8 UnitedHealth Group Inc (-3%. An insurance company)
    #9 Johnson & Johnson (-1% )
    #10 Exxon Mobile (-4.5%. They wouldn't be hurting if it weren't for Biden's bad policies)

    No one in the top 10's gonna shut down any time soon. Seriously, except for Dexcom, I don't see any company in the S&P 500 that's in serious danger. If people keep their wits about them and don't start running for the exits, everything will recover fine.
    Last edited by DemonGeminiX; 06-14-2022 at 07:22 AM.


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  11. #309
    Shelter Dweller PorkChopSandwiches's Avatar
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    Quote Originally Posted by Godfather View Post
    Some pretty big one day losses still, Boeing, Ford and GM all down over 7% in a single day. S&P 500's top 10 companies have lost more than $1 trillion in market cap in 4 days of trading.
    Bloodbath for me yesterday






  12. #310
    Basement Dweller Godfather's Avatar
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    Quote Originally Posted by DemonGeminiX View Post
    Out of the S&P, Dexcom took a massive hit. -76%. Boeing's a government contract. Their profit is assured. They'll shrug it off and recover. The automakers are always going to take a hit when gas prices are high. Couple that with the supply chain issues, and it's a double whammy. But they've been in worse positions before and they've recovered. They'll do it again.

    The top 10:
    #1 Apple (-3.5%, so what)
    #2 Microsoft (-3.7%, again, so what. They control our lives anyway. They'll just make us buy Windows 12 and make more money)
    #3 Amazon (-5.3%. Honestly, they deserve it. If they lowered the cost of Prime, they'd be soaring.)
    #4 Alphabet A (-3.9%. They haven't lost enough, in my opinion. Fuck Google)
    #5 Alphabet C (-3.7%. See above)
    #6 Tesla (-7.6%. Whatever, they've been down worse before.)
    #7 Berkshire B (-3.4%. I'm sure Buffett's losing sleep over this.)
    #8 UnitedHealth Group Inc (-3%. An insurance company)
    #9 Johnson & Johnson (-1% )
    #10 Exxon Mobile (-4.5%. They wouldn't be hurting if it weren't for Biden's bad policies)

    No one in the top 10's gonna shut down any time soon. Seriously, except for Dexcom, I don't see any company in the S&P 500 that's in serious danger. If people keep their wits about them and don't start running for the exits, everything will recover fine.
    True... they're not in danger as companies, maybe even a great time to buy, but as year-to-date they're down big so it's still a big story:

    Apple - Down 25% YTD
    Microsoft - Down 28% YTD
    Amazon -38%
    Alphabet -28%
    Tesla -39%
    Berkshire -5.8%
    UnitedHealth -6.5%
    J&J -.15%
    Exxon +56% (I guess Biden isn't all bad? )

    Agreed, not shutting down soon... but we're trending towards recession it seems.

  13. #311
    Basement Dweller Godfather's Avatar
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    Gas is down 25% and inflation is down/holding at 8.5% YTD... are we at the bottom? Is it time to buy? Where's my crystal ball...

  14. #312
    Take Box B DemonGeminiX's Avatar
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    Quote Originally Posted by Godfather View Post
    Gas is down 25% and inflation is down/holding at 8.5% YTD... are we at the bottom? Is it time to buy? Where's my crystal ball...
    It could get worse. However, if the Republicans retake Congress, it should get better. They're generally pro-business and low taxes, and prices and the markets respond well to those policies.


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  16. #313
    Shelter Dweller PorkChopSandwiches's Avatar
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    Quote Originally Posted by Godfather View Post
    Gas is down 25% and inflation is down/holding at 8.5% YTD... are we at the bottom? Is it time to buy? Where's my crystal ball...
    My shit has been on fire lately , but IDK im going for the long haul anyway






  17. #314
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    I bought 3 call options on SOFI before they released earnings and their stock price jumper 25%. Tripled up It was only 100 to 300 but its a win






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  19. #315
    Basement Dweller Godfather's Avatar
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    I bough some OXY, I hear there's some sort of deal baked into the inflation bill that I believe did pass in the US? Supposed to give higher credits for carbon recapture which they do a good job of (don't quote me, I skimmed the article ) and will boost their profits. Buffett bought a big chunk which is usually a good sign too.

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