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Stock question

By Fortwaynemobile follow Fortwaynemobile   2020 Feb 6, 6:05pm 315 views   8 comments   watch   nsfw   quote   share    

With the virus outbreak, logistics disruption, some stocks been going down.

What do you guys recommend buying on the dip? I’m thinking there is gonna be more dip coming since outbreak isn’t over yet.

Also wtf with Tesla skyrocketing so high? Nothing else went up, and they still suck at delivery. Market manipulation of some sort?
1   BayArea   ignore (1)   2020 Feb 6, 6:37pm     ↓ dislike (0)   quote   flag      

What dip lol
2   FortWayneIndiana   ignore (4)   2020 Feb 6, 6:40pm     ↓ dislike (0)   quote   flag      

BayArea says
What dip lol

some things been dropping because of China.
3   theoakman   ignore (0)   2020 Feb 6, 6:45pm     ↓ dislike (0)   quote   flag      

The trading volume on Tesla is absolutely insane. This is a pure speculative frenzy in its worst form. How long until this company is worth more than Exxon Mobile?
4   BayArea   ignore (1)   2020 Feb 6, 7:16pm     ↓ dislike (0)   quote   flag      

FortWayneIndiana says
BayArea says
What dip lol

some things been dropping because of China.

What things? My accounts are all at record levels
5   FortWayneIndiana   ignore (4)   2020 Feb 6, 9:07pm     ↓ dislike (0)   quote   flag      

" Tesla is what parabolic blow-offs look like. You see the stock go up $100 so the next morning you buy it because, well, it went up $100. It goes up another $100 (actually, as I am penning this, $135.)

The company has put on more than 20% in price in two days without a single bit of actual change in its operations. There has been no new ground-breaking product or service. There has no material change in the firm's posture. It made basically all of its operating income by stealing it from taxpayers in the form of subsidy sales (that is "pollution credits" more or less.) It's losing money, specifically nearly $5/share."


That's exactly my point. There is some crazy stock manipulation here. They aren't producing any more, and it jumps like crazy. I sold early, could have made more money, but also glad to get out of this gambling mess.
6   SunnyvaleCA   ignore (1)   2020 Feb 6, 9:50pm     ↓ dislike (0)   quote   flag      

TDAmeritrade has a banking arm that pays 1.75% interest and is FDIC insured to $1MM or $1.25MM (can't remember which). You can transfer that money between the stock account and the bank account with the push of a keystroke, so if change your mind and buy stocks when you think the crash is over.
7   Ceffer   ignore (5)   2020 Feb 6, 10:05pm     ↓ dislike (0)   quote   flag      

I'm investing in funeral homes and natural gas crematoriums.
8   clambo   ignore (5)   2020 Feb 6, 11:11pm     ↓ dislike (0)   quote   flag      

I’m always buying, it may be a habit but it is harmless.

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