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He had to fight fake impeachments. Congress wouldn't fund the wall. There was a pandemic. Remember? The Government had to spend tons of money to keep the economy from collapsing. And he doesn't hate anybody. That one statement undercuts the credibility of the person who created that stupid meme. The haters are the Democrats. They hate Donald Trump. Sick, sick, sick. Unamerican.
DD: Are U talking about a big chip plant in Arizona? Tech plant?
lj: I don't use FakeBook. I am not going to enrich Zuckerberg and his cronies. Didn't he give $400M in the last election to defeat Trump?
IMO, using FakeBook lowers the IQ.
DD: In other words, you do not have a logical, credible rebuttal.
If you hate this country and want it destroyed from within, why don't you just say so and stop posting nonsense.
DD: Suck on this: https://www.dailymail.co.uk/news/article-13392175/newly-arrived-illegal-immigrant-kidnaps-girl-rapes.html
If U support the Democrats, you own it.
lj: I will never break even on GRRR. A no-hope investment. Reverse splits are scr## jobs.
lj: SMCI
The CEO mentioned a supply chain bottleneck that will affect them for a couple of quarters, I believe. Might be due to Red Sea issues.
It is pitiful that universities are cancelling commencements. People fly to commencements and stay in lodgings. Hurts local economies.
On the subject of protests, since they have already anointed pop-pop as the Dem nominee, they should hold a convention on Zoom. Security is going to be a major issue.
lj: MSTR
Missed the boat last week. It has recovered nicely. I did buy 5 additional shares, which is better than nothing.
lj: They attacked on a Jewish holiday. Thinking they deliberately delayed a response is conspiracy theory stuff. JFK, Jr., is not alive. There is no tunnel for child-trafficking under the Capitol building. Israel delayed their response. Get it, Vern?
lj: President XI of China, I believe, is visiting Europe soon to extend its sphere of influence.
Biden is such a weak fool that China sees an opportunity. It is pretty sad when foreign leaders are visiting Trump at Mar al Lago, like the British Home Secretary and Saudi leaders, to name two. IMO, that is unprecedented. We are in big trouble. You know what I mean, Vern?
SSKILLZ1: Another great contest. Thank you very much.
r59: Great job! Congratulations.
lj: NVDA
AC is a very sore subject with me at the moment.
al44: I know plenty of people who will vote for him. These memes accomplish zilch.
Preaching to the converted. Not knocking your post! Just sayin'!
lj: GRRR
Great post. U covered the spectrum.
My response: Show us the money! I wonder whether the company is supporting the share price to keep it above $5?
lj: GRRR
I wonder whether Yahoo! Finance adjusts the average daily volume to take into account the reverse split. It seems certain that they would do that, but not 100 percent certain, imo.
lj: Bad for the Turkish economy. But a good decision ethically, I guess.
lj: Still watching SMCI. Bought a few more shares of MSTR today for a LT hold.
lj: SMCI
Down again this morning. One analyst's price target is $800. Probably not a good buy above $600 at this point.
NYBob: The Dominican community in New York is highly supportive of Trump.
Every day he sits in court, the more votes he will get in November.
If they lock him up, he might win in a landslide.
lj: Trucks are hauling all of the seasonal stuff--everything from porch furniture to summer clothes to megatons of food and liquor for businesses in beach resorts.
lj: SMCI
This is what you do not want to hear::
"That said, he expects the bottlenecks to ease in the coming quarters."
(1) There is no guarantee it will ease up, and
(2) Two quarters (or more) is forever in investing time.
I am interested in SMCI, don't get me wrong.
But in light of today's down tick, this stock is not for the feint of heart.
lj: Thanks. I'll check it out if I ever have time!
mick: Every pair of gold sneakers sold will cover a fine! LOL!
Gmenfan: It is beyond belief. The women's rights crowd are white-privileged libs.
West Virginia middle school girls banned from sport after they protested a transexual kid participant:
https://www.dailymail.co.uk/news/article-13364947/trans-athletes-becky-pepper-jackson-lawsuit-harrison-middle-school.html
lj: VLO
So, maybe the 90-degree weather has gotten to me, but here is a thought that came to me today. The gasoline industry has become a big racket. Personally, I think there has been price fixing for years. Now, why doesn't the Biden misadministration crack down on them.
Answer: They want gasoline prices as high as they can go to push their green agenda.
In election year, though, it is the last thing they want. I don't see them doing anything to keep gasoline prices down. They might do just that a few months before the election, but I wouldn't bet on it. Bottom line: It wouldn't surprise me if VLO made it to $200 a share in this insane investing environment.
lj: Two years ago, I called a surveyor recommended by a neighbor. They told me they were not doing residential surveys, and gave me the number of another company, that ghosted me.
Today I called the first company and yes, they are doing residential surveys. Another sign of a weak economy.
lj: If Cramer's chartist is correct, it is round the bowl, down the hole for tech stocks for 3-4 weeks.
By the way, I think we are in a recession. A guy in the area where I live works for Comcast. I think he works on outside lines during installations. To make a long story short, he has been home a lot lately due to a lack of work.
People on the edge are buying less due to prices, especially groceries.
p_s_h: Amen to that. The Joker is every major of a Democrat city!
lj: I believe they are interdimensional. Has anyone ever found a Big Foot skeleton? I think not. Don't camp in a Big Foot area in a pop-up camper. They love to bang on the roofs.
p_s_h:
I think you mean affirmative action.
DEI is Marxist BS.
lj: VTLE
Given the geopolitical environment, they shouldn't do any hedging. Who is on the other side of the hedge contracts. I hope it is European countries because they need cheap sources of energy.
littlejohn: VTLE
Thanks. 90 percent is insane, but if oil drops below $75 and stays there for most of the year, they will look like geniuses. Right now, they look like dunces.
Options: I try to play it safe, selling puts after a stock has been smacked hard if I don't want to own the stock. I do not want to buy any more shares of VTLE.
This week I sold Ford $12.50 puts for yesterday's close. The stock closed up a couple of dimes above the strike price. Don't want to own any more F. The stock price was low in the $13's, in my opinion. If put to me, I would have turned around and sold this week's $13 call to get rid of it.
I have done few options plays this year.
lj: VTLE
Actually, I would sell puts AFTER the pitiful earnings come out and the stock seems to bottom.
Refresh my memory, por favor. The hedges for Q2 are as bad as the hedges for Q1?
al44: The vast majority of Americans are NOT listening.
lj: SDOW
Bought it a couple of years ago. Also have some old SQQQ.
Thought they would be an insurance policy against a big drop in the market.
In 2009, I kept my IRA from tanking by buying an ETF that shorted real estate.
I knew there was a bubble, like many people did, but you had people on these boards that would argue you into the ground that there was no bubble. Maybe they were people who were flipping properties or were real estate agents.
Reverse ETF's are a great way to preserve a portfolio when the market has a big selloff.
With 2020 hindsight (pun intended), it would have been great to short the big indices in January of that year.
Calling white women "Karens" is a form of reverse discrimination, imo.
Excuse me, but why wasn't the young "lady" arrested for indecent exposure? Society in decay. https://www.dailymail.co.uk/news/article-13351925/Utah-Karen-sexual-battery-girls-skirt-steakhouse.html
lj: I'm with Cramer. Don't buy the bounces in tech and wait for a bottom in about a month.
Houston, we've got a problem. The U.S. bond auctions don't have buyers champing at the bit to get them. IMO, the number one thing to watch is the U.S. dollar.