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Maybe this quarter…
I just read 43% of the companies in the Russell 2000 are LOSING money, 43%! Yeah, I get it, it’s a growth fund. Why would anyone have their money in something like this when there’s not going to be growth, (retreating) as forecasted. Oh, also says it still trading @ a p/e of 66. Dump the Russell 2000!
Walmart is down 10% in late trading, lowering it profit forcast, for next year. I can’t help but wonder what the Russell 2000 will do when everyone find’s that 30-40% of their companies weren’t profitable, in the good times, of this past year! I believe the repricing of risk starts now. GLTA, all my humble opinion, of course. Please, form your own opinion.
I remember going to bed with $70k of RELI stock and waking up with $12k of RELI stock. And I remember the confusion over the amount and most people, on this board saying, give it a day to settle, they aren’t going to stiff us, but you know what, they did. Of course, I can’t post any of those post because they been redacted. Is that bringing back any memories? I see RELI is now at 3.5 CENTS pre split price, I no longer have money in this sham, but I don’t know how anyone could still believe in these thieves, or promote them. Those who have been a round, prior to the up listing, sorry to bring back horrible memories, if you were long. Maybe, they’ll turn it around. I still remember the feeling in my stomach that morning, anyone else remember that?
What a coincidence, RUT ends the week at over 2,000! Great job someone! No manipulation here, move along…
The stock market as we know it, is one oil refinery explosion away, from imploding.
How is that for manipulating prices? Why wouldn’t every index go up at the start of a land war? Someone should have thought about this months ago! I know I wish I owned this overvalued index of 62% profitable companies!
“You want to own great American companies, not junk!” Jim Cramer
I believe, we are helping to get rid of some “junk”! RUT is under 2,000, will it make triple digits, only losing half it’s value, from here on out?
This is fun! Watching common sense coming back into the market, I mean and making money!
After doing much research, last night, I found 36% of the Russell 2000, are not making a profit, as of December 31. Now, don’t take my word for it, do your own research and form your own opinion. Wow, only 64% of companies in the Russell 2000 are profitable! Why would anyone have their $$$ in a fund like that? Especially, with what’s currently going on.
I believe we’ll enjoy watching the re-pricing of risk, this week!
Russell 2000 is trading at a P/E of 642, the next most expensive index is the Nasdaq 100 at a P/E of 35. I don’t think I want to be invested in something so overpriced, something that’s twice as expensive as Tesla. I would be curious to know, with over 2000 stocks, how many are making a profit? Can’t be many, with a 642 P/E.
I think I’ll short it, until my last dime! Especially, with the tides a turning.
Looks like the two large Meme stocks, in the Russell 2000, are falling like bricks! Perhaps common sense is sticking around.
Good luck Fatty, I agree, the market is feeling very shaky. I look for a massive correction, soon.
Well, I believe, from today action, the 11% haircut, from Friday, was not a fluke! Common sense is starting to return?
Perhaps that was a elephant fart, we heard today? The Russell tried to run, but it wasn’t to be. Common sense is making a return!
They suckered me back in.
No one is talking about the Elephants in the room. Rising interest rates, which will follow inflation and the Covid Vaccine Mandate, set to go into effect January 4th.
The Russell 2000 has some quality companies, but it doesn’t have 2000 of them. What are the Krispy Kreme Donuts, of the Russell 2000 going to do, when forced to let go the unvaccinated workers, who won’t comply with the mandate. If they are having trouble filling positions, as is, these woes will double? triple? quadruple…..who knows.
The cost of money will obviously, rise. Free money is at the end, how quickly will interest rates double?
Many storm clouds on the horizon, for smaller businesses, very choppy waters for the next six months? twelve months?
Who knows the future, but I personally don’t see a bright one, for the Russell 2000.
Between the economic conditions and government mandates going into effect, small businesses are going to be hit the hardest, the other indexes, not as hard.
I believe we’ll see larger amount of funds leaving the Russell 2000, searching for safer waters, of the large caps. The sea of money departing, should make SRTY a very good hedge, against the giant waves of uncertainty!
Just a bad day, for the Russell 2000 or the beginning of a trend? Looks like the P/E is down to 875! I would call that overpriced, in my humble opinion.
Russell 2000 down roughly half a percent, even with AMC up big. Is the tide of common sense turning? Are people beginning to cash out, while the exorbitant valuations are still around?
Time will tell……
I personally believe SRTY belongs in everyone’s portfolio.
I agree, it will be quick, when it happens!
I just googled Russell 2000 P/E ratio, per the WSJ, over 900. Only a matter of time, people.
Just a matter of time before the world figures out the Russell 2000 is over priced by about 800%. Ohhh, and the rising inflation should help shine the light on this fact.
I agree, it should be very fun and profitable.
Since it’s trading at a PE of 283, it should have plenty of room to tumble!
Well, they are.
Just shaking the tree.
Seems to be a lot of selling, for such great news?
Painless, you certainly enjoy expounding the news. The obvious question would be: Does it pay well?
Good day to be short. What are the predictions for the next 60 days!
Q, I truly wish I had started listening to your wisdom, much earlier. I had blinders on, fell in love with the “billionaire story”. I hope this post awakens some other investors senses. A billionaire doesn’t do all of this, to put 12 million in his pocket.
All my fault, I fell for it, hook, line, sinker.
GLTA. Q, I’ll hope to continue to tap your experience, if that’s okay?
Good one. That last statement would be true for the last 16 months. I’m down to my last 20% of stock. Two years ago, if you said, I would sell the majority of my stock in RELI @ $3.50-4, I would have thought I’m finally retired. Never in my wildest nightmare, did I think it would have turned out this way. I should have listened to my daughter, $250,000 ago. Ezra, I have 0% respect for you, in my opinion, you have screwed everyone you could. I was a fool, to ever believe you were a man of God, that’s on me. All of your decisions, IMO, were never based in goodness, but your own personal wealth. We all get what we deserve, eventually, I have received a expensive education, that I shall not forget. Good luck to all, and may peace be with you! Hoosier daddy of 3 is out of here!
PS. Look into SRTY, I believe it will save our bacon, one of these days!
The only thing I would change, in your last post, would be The Reliance Globetrotters to The Reliance Generals. Those of a certain age might find it factual.
Close, as in 120 days?
RELIW is really a hot item, eh? I’m surprised they aren’t a dime.
Q, you nailed another prediction, squarely, on the head. I hope someone is profiting from your wisdom.
Down 11% on virtually, no volume.
So, you believe they have big news to release, which will nearly double, it’s current market value? Could you please expand?
Has to be idiots or thieves. No other way to spin it.
What a piece of crap.