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
Done.
― Aimless, Sunday, 23 August 2015 17:13 (eight years ago) link
http://oi61.tinypic.com/2yor9mh.jpg
― flopson, Sunday, 23 August 2015 18:43 (eight years ago) link
Shit! Two of my family members escaped so now I have to pay the money back.
― Aimless, Sunday, 23 August 2015 18:53 (eight years ago) link
AAPL: people forget this stock crashed 40% at 2013
― nostormo, Sunday, 23 August 2015 22:48 (eight years ago) link
iPad market is shrinking, Watch may be a disappointment so far, and Chinese slowdown is dampening market share growth expectations in China, plus I have a feeling the iPhone 6 launch captured a bigger than normal amount of pent-up phone demand and now the 6s launch will be weak because everyone anywhere close to needing a new phone bought the 6/6+ already. Still doesn't seem like a crazy buy right now, but I'm jittery about the market in general and staying away.
― five six and (man alive), Monday, 24 August 2015 01:32 (eight years ago) link
George Chen @george_chen 22 minutes agoBREAKING: Shanghai benchmark index lost over 7% with over 600 stocks down 10%, losing all key support levels and no one dares to step in now
BREAKING: Shanghai benchmark index lost over 7% with over 600 stocks down 10%, losing all key support levels and no one dares to step in now
https://twitter.com/george_chen
― ... (Eazy), Monday, 24 August 2015 02:16 (eight years ago) link
Now down 8.5% as I posted that...
― ... (Eazy), Monday, 24 August 2015 02:17 (eight years ago) link
whoa fuck
― five six and (man alive), Monday, 24 August 2015 02:42 (eight years ago) link
The crazy thing is that it's still only down to about their level six months ago and still 44% above where they were a year ago. Probably gonna fall further is my guess.
― five six and (man alive), Monday, 24 August 2015 02:44 (eight years ago) link
here we go
― 𝔠𝔞𝔢𝔨 (caek), Monday, 24 August 2015 03:39 (eight years ago) link
Saudi Arabia, Dubai and Abu Dhabi were all down 7-8% yesterday and the Chinese exchanges were expected to get hammered today. Oil is now at its lowest level since the 2008 financial crisis, i believe. Australia's exchange had AU$60bn wiped off it.
I was expecting the MICEX index to drop at least 5% today but it has only gone down about 2% - the FTSE has been hit worse already.
I sold all my shares three weeks ago - they would have fallen 9% if i hadn't.
― I wear my Redditor loathing with pride (ShariVari), Monday, 24 August 2015 07:10 (eight years ago) link
http://i.imgur.com/sSetybU.png
Not quite sure how the Shanghai Composite went from 3100 in February to 5200 in June but it's worth noting that the losses today have only taken it back to its level five months ago.
― I wear my Redditor loathing with pride (ShariVari), Monday, 24 August 2015 07:43 (eight years ago) link
Glencore and Anglo-American mining companies both closing in on 60% declines over 12 months:
http://i.imgur.com/aZ8pRSc.png
May mean people stop stealing railway lines and telephone cables for scrap, though.
― I wear my Redditor loathing with pride (ShariVari), Monday, 24 August 2015 12:22 (eight years ago) link