Replies to post #834 on Contrarian Value Ideas

[gfp927z]

Derf, >> scammers getting away with it <<

I guess anything that increases the number of posts / day is fine with I-Hub, as long as they don't get in trouble with the SEC, etc. I-Hub is first a business, so I assume the daily volume of posts would be their bottom line criteria of success. But if the scamming and pumping makes enough people leave the site (or the SEC steps in with fines, etc), then things would change.

Fwiw, I initially saw I-Hub as a place to store info (sector boards and stock lists), and to get occasional stock ideas. But after retirelent (2020), the 'socializing' aspect has grown in importance. I think that's a big reason why people stay on the site, they develop friendships, etc. And when Covid hit, the social media venues took on an added importance in people's lives.



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[gfp927z]

Derf, It looks like the market is giving Trump the benefit of the doubt so far today. Not sure when he'll drop his tariff bombshell, maybe after the close, but I decided to stay on the sidelines for now (only have a 1% stock allocation). Chart-wise, this would normally be a great 'buy the dip' opportunity, but all I can see are months of ongoing angst as we watch the monthly economic numbers deteriorate (GDP, inflation, unemployment, etc). But if Trump pulls back on his mega tariff plan, then a big relief rally.

This is exactly what the ego driven 'Drama Queen Don' lives for -- being the center of attention. But as a narcissist, he also can't handle criticism, and will presumably do whatever it takes to maintain a high approval rating. A crashing stock market and recession wouldn't fit in with that narrative, so does Trump somehow do an 'about face' on the tariffs? Guess we'll find out.



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