how did you do today, lorax?
― caek, Saturday, 6 August 2011 03:27 (twelve years ago) link
A month ago I got frozen into one stock because it dipped and I don't want to sell. I've been wishing I could be a day trader, or swing trader even, but my funds are too low for me to do that. I can't even afford to open a margin account.
So yeah, I'm long on a stock that's much lower than what I paid for it. So now I'm waiting 'til sometime between St/ Leger's day and November). I'm still expecting the price I paid to double although it's looking like it might halve itself first.
I have to utmost confidence in my stock, even in this economic time of uncertainty.
― the diary of anne's spanx (CaptainLorax), Saturday, 6 August 2011 03:51 (twelve years ago) link
*typos
― the diary of anne's spanx (CaptainLorax), Saturday, 6 August 2011 03:53 (twelve years ago) link
what happens to stocks on st leger's day?
― caek, Saturday, 6 August 2011 03:57 (twelve years ago) link
“sell in May and go away, come back on St Leger day”and in my case there will also be a shareholder's meeting bringing in good news
― the diary of anne's spanx (CaptainLorax), Saturday, 6 August 2011 04:01 (twelve years ago) link
sounds like an excellent plan
― caek, Saturday, 6 August 2011 04:02 (twelve years ago) link
wait a second, that's what you said last night when my plan was not excellent at all!
i know i'm on a downward spiral because i've started mixing drinks without measuring anything and my gameplan for the night is to make a really sweet playlist and drink a lot of water later so i can go to work
― future events are now current events (Z S), Thursday, August 4, 2011 11:14 PM (2 days ago) Bookmark Suggest Ban Permalink
you sound like you have it all figured out
― caek, Thursday, August 4, 2011 11:21 PM
proof is in the pudding
― future events are now current events (Z S), Saturday, 6 August 2011 04:11 (twelve years ago) link
yes but this time it's different because the plan allows for changes on st leger's day. your plan seemed good, but was not a "sure thing".
― caek, Saturday, 6 August 2011 04:34 (twelve years ago) link
^caek droppin science.
(he's a scientist, see)
― ( •ิ.•ั) (gr8080), Saturday, 6 August 2011 13:29 (twelve years ago) link
still playing the long game capt?
― iatee, Monday, 8 August 2011 19:59 (twelve years ago) link
whoo! let's buy all the way down!
― kkvgz, Monday, 8 August 2011 20:12 (twelve years ago) link
stock market more like crock market am i not incorrect
― del griffith, Monday, 8 August 2011 20:42 (twelve years ago) link
man this is some craziness
― just sayin, Monday, 8 August 2011 20:43 (twelve years ago) link
slide whistle
― kkvgz, Monday, 8 August 2011 20:45 (twelve years ago) link
You just gotta buy in when it's low like I did - on Friday ;(
― bnw, Monday, 8 August 2011 20:52 (twelve years ago) link
S&P down 6.66% makes you think
― bnw, Monday, 8 August 2011 21:15 (twelve years ago) link
stop all this going up and down.
― jon/via/chia/pet 2.0 (kkvgz), Wednesday, 10 August 2011 14:35 (twelve years ago) link
+400 one day, -400 the next, has anyone ever seen it like this? lorax i would like yr input
― just sayin, Wednesday, 10 August 2011 14:38 (twelve years ago) link
which way is it gonna go now.
― jon/via/chia/pet 2.0 (kkvgz), Wednesday, 10 August 2011 14:40 (twelve years ago) link
at this rate we'll be back at the mar 09 lows in no time
― just sayin, Wednesday, 10 August 2011 14:44 (twelve years ago) link
gas was crazy cheap back then. that's for sure.
― jon/via/chia/pet 2.0 (kkvgz), Wednesday, 10 August 2011 14:46 (twelve years ago) link
Was curious about checking something in connection to that:
1) price of crude oil -- http://www.nyse.tv/crude-oil-price-history.htm2) price of gas -- http://gasbuddy.com/gb_retail_price_chart.aspx
Oil went down to just over $80 a barrel yesterday; the price of gas (U.S.) according to the graph above was somewhere around $4.70. (I have to go by the chart--here in Ontario, we're running around $1.20-$1.25/litre.) The last time oil was near the $80 level was Sept./Oct. 2007. Price of gas then? Somewhere around $4.00 a gallon. Would be interested to hear Exxon and the rest explain that.
― clemenza, Wednesday, 10 August 2011 15:17 (twelve years ago) link
they got kids they gots to put through school.
― karma's ruthless invisible (The Cursed Return of the Dastardly Thermo Thinwall), Wednesday, 10 August 2011 15:38 (twelve years ago) link
Oil executives now have 18% more kids.
― clemenza, Wednesday, 10 August 2011 15:44 (twelve years ago) link
I don't get things like crazy dip after Fed announcement on interest rates, followed by crazy rise a couple hours later. This seems unmoored from any sense.
― satan club sandwich (Dr Morbius), Wednesday, 10 August 2011 15:52 (twelve years ago) link
What Would Captain Lorax Do?
― leave me alone, i was only zinging (rip van wanko), Wednesday, 10 August 2011 16:01 (twelve years ago) link
Terrible start, rebounding for the last couple of hours--obviously excitement over Jeb Hensarling's inclusion in the Super Congress.
― clemenza, Wednesday, 10 August 2011 18:31 (twelve years ago) link
Came across this in a piece about Groupon's IPO filing (why I was reading it, I haven't a clue): "Groupon's initial IPO filing highlighted a nonstandard metric called 'adjusted consolidated segment operating income.'" Really, does that sound like a world unmoored from reality?
― clemenza, Wednesday, 10 August 2011 19:35 (twelve years ago) link
wow, down 540
― brownie, Wednesday, 10 August 2011 20:00 (twelve years ago) link
guys we just have to ride it out till St Leger's Day
― ( •ิ.•ั) (gr8080), Wednesday, 10 August 2011 20:46 (twelve years ago) link
last crash had the same dynamic w/ up down, down day, up day, down day for an extended period of time. I remember the pattern was oddly regular.
― iatee, Thursday, 11 August 2011 19:56 (twelve years ago) link
its just goldman sachs et al fucking with the market volatility to make $$$$ before it plummets to the ground and goes 'splat'
― strongly recommend. unless you're a bitch (mayor jingleberries), Thursday, 11 August 2011 20:10 (twelve years ago) link
i was such a putz not to have gone into banking
― we started this punning display name shit (history mayne), Thursday, 11 August 2011 20:12 (twelve years ago) link
otm
― iatee, Thursday, 11 August 2011 20:13 (twelve years ago) link
"pump and dump" sounds really disgusting when you think about it.
― kkvgz, Thursday, 11 August 2011 20:17 (twelve years ago) link
so..... lorax....
― just sayin, Tuesday, 20 September 2011 18:03 (twelve years ago) link
So are IPOs basically the new way of saying "My company is about to turn to shit and I'm cashing out while I can"? -- they can't keep this shit up much longer.
― bert yansh (Hurting 2), Friday, 17 August 2012 15:36 (eleven years ago) link
Who said, "no one ever went broke by underestimating the intelligence of the public"?
― Aimless, Friday, 17 August 2012 15:49 (eleven years ago) link
Has anybody here ever been in a company that went thru the whole IPO-show? I'm curious about the stock hijinx that happen internally leading up to the big day
― Fiendish Doctor Wu (kingfish), Friday, 17 August 2012 15:51 (eleven years ago) link
IPOs these days basically consist of the underwriter/issuer of the IPO overvaluing the shit out of the company, using the window before the stock is available to the general public to enrich themselves and their friends, then when the public gets their hands on it its at peak value and will plummet shortly thereafter..
then again the public could do better than investing in shit companies like zynga, groupon, etc.
― johnathan lee riche$ (mayor jingleberries), Friday, 17 August 2012 16:09 (eleven years ago) link
Someone mentioned to me that Trulia was about to IPO -- a relatively small one I think, like <$100 million. My first thought was basically "well, I guess that site has run its course."
― bert yansh (Hurting 2), Friday, 17 August 2012 16:15 (eleven years ago) link
Groupon was a flat out joke. Zynga I don't really know enough about. Facebook -- there's actual value there, it's just way, way less than the IPO price, and unfortunately the IPO disaster is probably hurting the brand/goodwill and may even be discouraging advertisers, which could create a feedback loop. I guess we'll see if Zuckerberg can pull out of it.
― bert yansh (Hurting 2), Friday, 17 August 2012 16:17 (eleven years ago) link
zynga basically is attached to facebook's hip and their business model involves ripping off other people's games to turn them into freemium click fest pieces of crap.
really wish I had the balls to short them..
― johnathan lee riche$ (mayor jingleberries), Friday, 17 August 2012 17:04 (eleven years ago) link
puts on zynga look pretty cheap, although I know next to nothing about options investing
― bert yansh (Hurting 2), Friday, 17 August 2012 17:08 (eleven years ago) link
linkedin is pretty legit
― iatee, Saturday, 18 August 2012 16:20 (eleven years ago) link
hard out there
― bnw, Monday, 3 February 2014 17:05 (ten years ago) link
Federal Reserve putting marginally less champagne on the table == desperate times on Wall Street.
― Aimless, Monday, 3 February 2014 17:56 (ten years ago) link
suck it up bnw
― Burt Stuntin (Hurting 2), Monday, 3 February 2014 17:58 (ten years ago) link
HI DERE
― five six and (man alive), Saturday, 22 August 2015 02:03 (eight years ago) link
Time to mortgage house, cars, even family members and put it all in AAPL. P/E ratio is 12.23 for the world's most successful company!
― Mr. Snrub, Sunday, 23 August 2015 11:48 (eight years ago) link