All things STOCKS

#8,928
#8,928
I’d like to buy Intel (INTC). It’s below where I had my limit set to buy yesterday. But it kind of feels like we’re looking at a few more negative market days.

Sell in May and go away might be where we are right now. COVID recovery and vaccine news isn’t as robust. Earnings comps are a few months or quarters away. The reality of crazy government spending is setting in. 2022 elections are still about a year away.

Buy puts. Sell calls. I might play with leveraged, bearish ETFs. SQQQ. DOG. FAZ. SPXS. TZA.
 
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#8,930
#8,930
Everyone keeps telling me that it’s not too late to invest in crypto currency and there’s a lot of money to be made. I’d rather buy and hold than trade- I just don’t have the time to put that much focus on it with my fulltime job. What are your thoughts on this and any particular crypto you suggest? I know crypto can be very volatile and I don’t have a lot of money I can afford to lose right now.
 
#8,934
#8,934
ninerplaya57 said:
Everyone keeps telling me that it’s not too late to invest in crypto currency and there’s a lot of money to be made. I’d rather buy and hold than trade- I just don’t have the time to put that much focus on it with my fulltime job. What are your thoughts on this and any particular crypto you suggest? I know crypto can be very volatile and I don’t have a lot of money I can afford to lose right now.
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There are crypto maniacs arguing its value in the POLITICS Forum. The majority believe that it will eventually crash.

Bitcoin, Cryptocurrency, and the Future of Global Finance
 
#8,935
#8,935
I’m recently retired and have been investing for over 35 years. Have seen 3 major corrections and made plenty of mistakes along the way. I’ve tried to churn individual stocks and have made a bunch and gave a bunch back at times but I’d probably be a tad better off if I’d stuck to buy and hold funds the whole way. The dollars you lose at 30 have tremendous opportunity costs associated compared to dollars lost in your 50’s.
 
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#8,936
#8,936
I really hate the Carvana business model and I think I'm gonna LT short it into January 22 today. I'm also going long on HAL today.
 
#8,937
#8,937
walkenvol said:
I’m recently retired and have been investing for over 35 years. Have seen 3 major corrections and made plenty of mistakes along the way. I’ve tried to churn individual stocks and have made a bunch and gave a bunch back at times but I’d probably be a tad better off if I’d stuck to buy and hold funds the whole way. The dollars you lose at 30 have tremendous opportunity costs associated compared to dollars lost in your 50’s.
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I'm under 30 and have only been investing around 10 years or so, but I try to hard to live by this.

90% of my investing is just throwing into managed funds. 10% is my individual stock picking. I don't expect the 10% to beat the 90% performance-wise, but I enjoy the process and the investigation and that is worth something to me.
 
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#8,938
#8,938
mrorange211 said:
I really hate the Carvana business model and I think I'm gonna LT short it into January 22 today. I'm also going long on HAL today.
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Carvana has a market cap of $50 billion. They “service” 284 cities. That does NOT mean that they have a facility in 284 cities. That means that they will deliver a car to 284 cities on the back of a truck. Do the math.

The founder is a shady character. He’s a convicted felon.
 
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#8,939
#8,939
Thunder Good-Oil said:
Carvana has a market cap of $50 billion. They “service” 284 cities. That does NOT mean that they have a facility in 284 cities. That means that they will deliver a car to 284 cities on the back of a truck. Do the math.

The founder is a shady character. He’s a convicted felon.
Click to expand...

The valuation seems absurd, especially with the country about to open back up. I decided to wait until after earnings this week, but I'm shorting the hell out of it.
 
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#8,940
#8,940
Thunder Good-Oil said:
Carvana has a market cap of $50 billion. They “service” 284 cities. That does NOT mean that they have a facility in 284 cities. That means that they will deliver a car to 284 cities on the back of a truck. Do the math.

The founder is a shady character. He’s a convicted felon.
Click to expand...
His dad (DriveTime founder) was.
 
#8,941
#8,941
Thunder Good-Oil said:
Carvana has a market cap of $50 billion. They “service” 284 cities. That does NOT mean that they have a facility in 284 cities. That means that they will deliver a car to 284 cities on the back of a truck. Do the math.

The founder is a shady character. He’s a convicted felon.
Click to expand...

Like KMX a lot more...
 
#8,942
#8,942
NNOX option prices are zero for this Friday, $$$$$ for next Friday, after earnings. I don't know if you all remember this one, but we talked about it months ago. They have a cheap x-ray generator, and they received FDA approval for it about 4 weeks ago. It went $40->60->30 that week. People selling the news got very overstimulated, I guess.

RKT earnings today. Hard to believe it's time again already. I am still long RKT and selling calls against it.
 
#8,945
#8,945
Firebirdparts said:
NNOX option prices are zero for this Friday, $$$$$ for next Friday, after earnings. I don't know if you all remember this one, but we talked about it months ago. They have a cheap x-ray generator, and they received FDA approval for it about 4 weeks ago. It went $40->60->30 that week. People selling the news got very overstimulated, I guess.

RKT earnings today. Hard to believe it's time again already. I am still long RKT and selling calls against it.
Click to expand...

I've been in NNOX since it feel. Great company and a great value here. Their machine is gonna be put in every hospital in the USA.
 
#8,946
#8,946
Thunder Good-Oil said:
Carvana began as a subsidiary of DriveTime. Ernest III might be the face of Carvana, but Ernest II is the real founder. Convicted Felon. Bank Fraud. Junior is the “founder” to dodge the SEC since it’s using the public’s capital.
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Public's capital...they founded Carvana using public money?

Ernest II's felony conviction evidently didn't preclude him from being an officer of a public company either, given he founded Ugly Duckling/DriveTime after the conviction.
 
#8,947
#8,947
05_never_again said:
Public's capital...they founded Carvana using public money?

Ernest II's felony conviction evidently didn't preclude him from being an officer of a public company either, given he founded Ugly Duckling/DriveTime after the conviction.
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Point is, Carvana is controlled by a crook. Giving Junior a title doesn’t change anything. $50 billion for a website and a handful of fancy car elevators. Yes, they are using (more likely stealing) the gullible public’s money.
 
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#8,948
#8,948
Thunder Good-Oil said:
Point is, Carvana is controlled by a crook. Giving Junior a title doesn’t change anything. $50 billion for a website and a handful of fancy car elevators. Yes, they are using the gullible public’s money.
Click to expand...
Oh. I read "the public's capital" initially to mean government (i.e., taxpayer) money.
 
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