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Re: Belg post# 37250

Friday, 01/21/2022 10:53:53 AM

Friday, January 21, 2022 10:53:53 AM

Post# of 52051
Belg, yes things will get better. There are some things that need answers. Is this dilution by the company? is this the IB diluting? Contract details (interest rate/shares/collateral/terms)

I mentioned in the past that we are tied to Nasdaq, and Nasdaq has dropped into correction territory, so tech stocks are getting hammered. There is even talk of another 10% drop...but, in cases like these, if you have capital, you DCA and when it recovers you are sitting pretty. We will recover.

Inflation fears are not helping...had the last administration acted instead of reacted at the onset of Covid, supply chain issues would have not been impacted as badly as they are, jobs wouldn't have dissipated, and people would likely be wanting to return to jobs where the public is. But as it is, it was politicized from the start & mostly ignored, hence the result is akin to two sine waves phasing out of sync. The problems caused by any prior administration are not going to all be evident immediately - they continue into the new administration by 1-2 years, so the inflation, jobs reports, Covid cases, stock market fluctuation, etc., can be traced back to the inaction on Covid from the start.

Sorry, I typically don't like to discuss politics, but felt a broader view of the "why's" was prudent.

Best to you and all longs!
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