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You're still an arrogant douche but an accurate arrogant douche. Touche sir.
I am nibbling hoping TQQQ goes to $10. $10 will be both hands for me. I was thinking UPRO but I see a lot more potential here. Just curious, have you always been a bear? You seem to have some extremes including a physical relocation. If the dollar, the stock market and the world in general is nearing fatal, what is the motivation to post or even invest? It seems like more of an I'm right and you're wrong thing which seems futile in a sinking ship. How much of this is ego and personality disorder and how much is actual altruism?
I am totally here for the entertainment including memorializing my profound statements. And a tip, if you want to get away from weirdos, hanging out on IHub doesn't seem to be a wise path. Again, good luck and calm down. It's going to be okay. And if it's not, who gives a fuck?
Oh please, not here too. You're barely tolerable on the SPY board. There is a certain amount of juvenile amusement in a fraction of your posts. You even have a decent track record. Please don't expand your brand of crazy to other boards. I don't want to have to ignore you. When you say contango, are you referring to the decay that occurs in all leveraged etfs?
PS
Happy New Year and how is Canada treating you?
https://ir.lucidmotors.com/news-releases/news-release-details/lucid-announces-second-quarter-2022-financial-results-reports
They have reset expectations lower. They will have to fix the production flaws. They came out of the gate with lofty predictions and didn't come close to meeting them.
It was funded as a SPAC which have fallen out of favor in the market.
Recall.
https://www.engadget.com/lucid-issues-recall-for-2022-air-evs-with-faulty-wiring-harness-151907286.html
Execution has been below par for that kind of a price tag. Fix that and increased production and we could see a run up not unlike Tesla. Patience and a long time frame may help. Maybe they get back on track in 2023.
https://www.marketwatch.com/story/u-s-pending-home-sales-fall-4-in-november-to-the-lowest-level-since-april-2020-11672239997
U.S. pending home sales fall 4% in November to the lowest level since April 2020
When you get a sure bet, go ahead and post it here.
Seems reasonable enough. Delusional may be a bit harsh. I am cool with teens/twenties. What do you think about the technology for vaccines and other normally injected products? It is the potential that I am betting on. I have time to see how it plays out. If some of the talk becomes walk, I think this could be big and the technology may potentially sell at a premium. Successes seem to be outweighing the fails to this point.
I'm a buyer at $0.
Consider me a fellow shaker. Game changing for sure.
Thanks for all the info you take the time to pass along.
Does look promising. I currently take 36 units per day (equivalent of 4.5 pills using your numbers). If I am an average diabetic, using your numbers, a 30 day supply for me would cost $335. A year's supply for me would be more like $4,000. If I am the average insulin user, you can multiply your estimates by 4.44x.
I have never shorted at any time. What is the max loss if you are wrong short? What is the max loss if you are wrong long? I am currently and have been at 30% cash because I believe the market was and is overvalued. Not because the baseless whackadoo website told me it was but because I do my homework.
Smug egghead... I could live with that.
There is undoubtedly a joke here.
Fortunately for me, I make my own investing decisions.
Not espousing a theory. Telling you how it was over the last 95 years. All of what you say is the theory. If you have facts, I am willing to listen. I do not own a tin foil hat or ascribe to any conspiracy theory. I deal in facts and what is in front of me. Fox News is entertainment, not my guide to life or investing. Anything else is foolish and without merit if you ask me. You go ahead and take the short bus ride to retirement. I have a few decades of education and experience that tell me don't listen to the shirtless guy with the fur hat and the spear. The loudest voice in the room is usually the best to avoid. Just like bold and red font, yelling in itself is not a reason to listen to someone.
In other words, assuming the last 95 or so years was not an anomaly, over the long term, let's say a person's career culminating in retirement, the chances of experiencing more up days than down is relatively high.
The raw data is... beginning 12/30/1927 ending today, the S&P 500 returned 541,929% including reinvested dividends. That is 22,956% without dividends. That is 9.47% annualized over the same time frame. Includes survivor bias.
For reference, $1,000 invested 95 years ago today at 9.47% would be worth $5,407,994 today. The same assumptions including a $50/month contribution to the same fund would yield $41,398,598. You can leave your lines and spear at home. The magic is in the math. No muss no fuss.
https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html
I guess this is what I meant to say. No rabbit out of the hat. No need to overthink.
Goofy time frame compared to what? Would you care for a run down of the multitude of time frames you have picked even recently let alone over the long run? Day, week, year? Index, stock, bond, whatever. You're time frames and subject matter are predicated on where the lines fit your story. Don't want the facts to get in the way of a good story but I guess whatever.
I have never had any luck at predicted anything. Those who say they can probably have a previous life involving snake oil. I surely am a fool but not that kind of fool.
https://einvestingforbeginners.com/stock-market-days-vs-percentage/
On the margin and over time, the stock market goes up. Makes sense since population/GDP/Revenue goes up. Predicting belongs to gamblers. Investing for the day seems like folly to me. You folks may have a handle on that, I sure have not. I invest in probabilities. Granted, most likely another form of gambling. Risk vs reward for me. If I had a cool symbolic mascot like the made-up play doll with the buffalo head that raised vanity over country, I would insert that here. My investing, my religion and my politics have nothing to do with each other. It's good theater but again, seems like folly.
Or get paid for longer.
"Cutely"
I'll be the judge of that.
"Told Ya"
Perhaps a dash of altruism would make your "I told you so" playground point a little better.
This is an ego board, not an investment board.
I wouldn't be surprised if it goes lower but there should be some decent swings here in the near term and maybe a run over time. It was up almost 1000% from pandemic trough to 2021 high. There is some interesting tech out there that seems on the verge of success.
Bought a little today and yesterday.
Never mind. Figured it out. Thanks for the alert.
Hi Fmello, are you getting an echo on the call?
So nice to be sitting on the sidelines here. No need to scream or throw good money after bad. I am one of those nearing decades of penny experience thanks to MIKP. My experience seems to be pointing toward staying away. If $5,000 is going to make or break this company... just sayin'.
I laugh at him all the time but it has nothing to do with the market.
What after any kind of filing to become current? What is the product here? Filing will allow current bag holders the ability to pass the bag along to the next poor sap. There is no business here except the exchange of worthless shares.
Is the goal here to earn the trust of total strangers? Are you the morality police? What makes you think you have any sway on what can be posted? Useless is right.
"As of January 1, 2022, there were 130 operable petroleum refineries in the United States."
https://www.eia.gov/tools/faqs/faq.php?id=29&t=6#:~:text=The%20newest%20refinery%20in%20the%20United%20States%20is,unit%20capacity%20is%20Marathon%27s%20facility%20in%20Garyville%2C%20Louisiana.
Just a suggestion but the multiple edits including changing context can be annoying and many times make the original conversation useless and disjointed. It borders on deceit in my opinion.
Oh, ok. Good answer though. Well said. Well spoken.
Not the question. What in that chart says overvalued?
Isn't there a reason for the parabolic ascent of Apple? Isn't it based on the parabolic ascent of Apple sales and earnings?
Because it is steep it is overvalued? What exactly in that chart says overvalued?
This is a good example of lines without context. What was the revenue at Apple in 1970? What is it today? How can you talk valuation with stock price as the only factor?