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people were posting their positions in the thread, it was kind of a bandwagon effect. the tally came from counting through posts. the counted assumed that no sold out of their position unless they announced it, and that everyone was telling the truth about how many shares they bought, so the count should be take with a grain of salt
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Apr 12, 2023 21:48
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The board thing was a decimal error iirc, but I think it was nomjnally almost 1%.
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Apr 12, 2023 21:48
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Scarodactyl posted:The board thing was a decimal error iirc, but I think it was nomjnally almost 1%. A few goons had bought an embarrassing number of shares, and the thread had the slow realization of what was going on. I sold whatever I had and came out ahead, just before it nosedived.
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Apr 12, 2023 21:58
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Hey I still have nine shares!
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Apr 12, 2023 22:40
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an abridged list of some of my current funmoney account stocks HGEN -99.1% NDRA -95.5% AMST -89.9% SRGA -86.9% MSOS -86.3% TLS -86.2% i 'am having so much fun
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Apr 12, 2023 22:48
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New goon project: I’ll buy $2k of some failing small company stock if there’s enough goon money to elect me as a director at the next meeting
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Apr 12, 2023 23:10
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Give NDRA credit, they nearly pulled off the pivot from sous videing rats to detecting fatty liver disease. If only somebody over there knew how to apply for FDA approval... vvv that quoted Space Fish post below was from May 16, 2021. On a split adjusted basis NDRA closed at $41/sh during the previous trading session. Today it closed at $2.05, for a nice and even 95% drawdown 
Agronox fucked around with this message at 05:16 on Apr 13, 2023 |
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Apr 13, 2023 01:21
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Skunkduster posted:Was there a discord server or something where somebody tallied up all the shares goons owned? Just wondering how you would even begin to know how many shares goons had. Space Fish posted:Okay, after combing through the $GOON responses up to the time of this post, here are the forum stats:
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Apr 13, 2023 03:45
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Tokyo Sex Whale posted:In the US there's both a shortage of housing and lots of vacancies but rents a lot of asking rents aren't being reduced because it would make loans callable and this whole space is uninvestable at the moment imo. Canada might be better though. Baddog posted:
Crosby B. Alfred posted:As far as capitalizing on it, it kind of feels to me that there could be a huge residential real estate rush but the problem now is that despite the growing population developers might have built too many units in the short term and with the upcoming recession vacancy rates are expected to increase at time when we really do not want that happen because it'll likely hurt long term development and prices will likely spike in the future. Man that's interesting the sentiment difference couldn't be more night and day. I think there would be very few in Canada that are expecting a housing crash along with a recession. I mean I think I'm a turbo housing bull, but vacancy in Canadian cities is like bumping along 0% so it's doesn't seem at all a similar situation if there's a feeling that in the USA vacancy is too high. The Ontario government for example has said it needs to build 1.5M homes in a decade to make up this enormous shortfall of homes, and apparently Ontario has never before, even at its best, built more than 850,000 in a decade. Other provinces are in similar trouble. So yea Canada is deep in this hole and unlikely to crawl out of it any time soon. All that means a sustained high floor on rents and that there should be lots of rent appreciation. Femtosecond fucked around with this message at 04:12 on Apr 13, 2023 |
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Apr 13, 2023 04:10
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Is BUD really taking a 4% haircut for no reason than dumb poo poo right wingers are mad they hired a trans person?
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Apr 13, 2023 16:21
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mrmcd posted:Is BUD really taking a 4% haircut for no reason than dumb poo poo right wingers are mad they hired a trans person? Outside of the hoopla, BUD was a stock trading at its yearly high, up almost 50% from its low 6 months ago. A reversion to the mean seems sensible enough. I'm considering shorting it, although shorting stocks has almost never worked when I've tried it before.
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Apr 13, 2023 18:13
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mrmcd posted:Is BUD really taking a 4% haircut for no reason than dumb poo poo right wingers are mad they hired a trans person? Yes. All of that over a 42 second TikTok video or whatever it was. I tried to pick up calls yesterday but they never filled. Bummer
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Apr 13, 2023 18:15
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Bud didn't even pay them right, it was just a promo can or something? I'm loving that dumbasses are switching to different poo poo beers also owned by bud. God forbid they pick up a decent microbrew. But the stock definitely does not look cheap yet.
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Apr 13, 2023 19:48
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BUD is now positive on the day so whatever backlash there was in the market lasted like 2 hours
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Apr 13, 2023 20:49
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Why would you assume today's sales would manifest in today's stock market price?
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Apr 13, 2023 21:19
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Re the Bud thing, if anyone cares this is a great post on the history of Bud being the gay beerProkhor Zakharov posted:So I figured I'd add a bit of context to how deeply hilarious the whole Bud Light situation is given my amateur homo historian hobby. You see Bud, and especially Bud Light, have been gay beers since the 70s, in some areas they were THE gay beer, I myself drank roughly a metric ton of Bud (with salt and lime as God intended) at LGBT+ bars in my college years. "But why?" you ask, how did Bud achieve this status?
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Apr 13, 2023 22:32
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I support gay beer but I’m not drinking bud or bud light.
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Apr 14, 2023 00:25
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If $BUD daily stock price increases the chuds have been owned If $BUD daily stock price decreases the libs have been owned
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Apr 14, 2023 00:32
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I don't think I've ever tasted a budweiser. Growing up in SF and still today, the local beer of choice is anchor steam, which is now a union brewery so you know, support unions, drink beer.
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Apr 14, 2023 00:34
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Leperflesh posted:I don't think I've ever tasted a budweiser. Growing up in SF and still today, the local beer of choice is anchor steam, which is now a union brewery so you know, support unions, drink beer. No one has ever tasted a budweiser.
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Apr 14, 2023 00:38
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I bought a 6er each of Budweiser and Michelob, the vanilla, not light/ultra/whatever version, back in my mid 20s homebrew beer phase to do some kind of "craft brew taste calibration" or whatever the gently caress, and I remember them being pretty tolerable as a standard beer. Haven't tried the stuff since but if you're looking for a tolerable beer that's a bit lighter than sam Adams the non light domestic beers are ok. That said I'm about to go pick up a sixer of Shiner Bock beer and go grill some burgers in the back yard. Last time I tried a light beer was probably at some backyard get together and that's all they had. Even the smallest country bar with pickups and camo hats has at least one tap of craft something these days
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Apr 14, 2023 00:48
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The Dollop did an episode on the Coors family. Uh... certainly won't drink another silver bullet after hearing that history: https://www.youtube.com/watch?v=APHmp4UdH88 Also did a two part podcast on Pacific Gas and Electric which is also pretty good.
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Apr 14, 2023 01:22
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I heard we're looking for some gay beer https://m.youtube.com/watch?v=hCOSejS1SSY
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Apr 14, 2023 01:36
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There is no non-gay consumption under neoliberalism
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Apr 14, 2023 01:44
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Can I have trans Topo Chicos? Maybe in Joe Biden's America
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Apr 14, 2023 02:09
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ARTPUP posted:The Dollop did an episode on the Coors family. Uh... certainly won't drink another silver bullet after hearing that history: Well the good news on that is MolsonCoors is more controlled but the less evil but more flighty Molson family. Also if you want to lose money that could be a high reward one day the answer is Canadian weed companies.
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Apr 14, 2023 02:10
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Sharing a small win: put a small amount into the a few of the S&P bank stocks a few weeks ago, when the news cycle was talking poo poo about bank runs and imminent collapse. Now, $C is up 12%, and $BAC & $WFC are up 6%. I got lucky on that one I guess. Was trying to apply the "blood in the streets" advice to trade on market emotions. However, what I'm trying to figure out is when I'm supposed to close the positions... because since I'm trading on emotions rather than valuations, I don't have any firm target. What % return do you all prefer to take profit on, when you don't have a hard price target to wait for? The advice I've seen is: "if the position is good enough to brag about, it's good enough to close out". So, maybe the right time to close out is today because most likely it'll correct tomorrow... and emotions are always short-term swings rather than long-term expectations.
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Apr 14, 2023 19:29
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If you're trading on market moves like that, you sell when the market stops moving and look for another thing to buy, because just sitting on a stock that is not moving (or rather, is only moving in sync with the rest of the market) is taking the big risk from being in an individual stock while only reaping the identical reward you'd get from being in a much lower risk index instead. Similarly, if your investment thesis has been fulfilled, you have no new thesis on which to be in this stock, you should close the position. So in this case: your investment thesis was "bank stocks are artificially low due to this news event, I will buy these discounted stocks" and if they are no longer discounted then your thesis is fulfilled and it's time to sell. All that aside, it's also OK to set a profit target and close when you hit that target. That'd be sort of a different thesis or a refinement of the thesis: e.g., "bank stocks are artificially low by 15 percent, I will buy these discounted stocks and sell when they recover that 15%" is a refinement of the previous thesis that comes with actionable targets. I don't think finding out what targets other people have set is very informative because IMO you should be setting a target based on each specific thesis, not having some kind of generalized "rule" that you always go with, because stock moves can be for any amount between -100% and +infinity% and your targets should be based on some combination of your thesis, tolerance for risk, investment timeframe, and greed, and not on what other people's tolerance for risk, thesis, timeframe, and greed number happens to be.
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Apr 14, 2023 19:39
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Thanks for the tip, that's a good point. Applying that advice:
Love Stole the Day fucked around with this message at 19:47 on Apr 14, 2023 |
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Apr 14, 2023 19:43
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Love Stole the Day posted:Sharing a small win: put a small amount into the a few of the S&P bank stocks a few weeks ago, when the news cycle was talking poo poo about bank runs and imminent collapse. Now, $C is up 12%, and $BAC & $WFC are up 6%. hi there fellow $C winner pmchem posted:bought some citi ($c) and ibkr today. conservatively managed companies with no ugly duration issues and reasonable metrics that were caught in the wash. could also benefit from any clients moving from the companies with bad balance sheets. in retrospect, I bought a few days early, but both trades are happily green and had great days today when the rest of the market was red. citi's earnings q&a transcript from today is here: https://seekingalpha.com/article/4594201-citigroup-inc-c-q1-2023-earnings-call-transcript still no banamex sale or buybacks, but this buried CEO quote in questioning on the topic, "I think we will have more clarity fairly soon around a number of the factors. So we will be able to give you better clarity on timing before too long." highly suggests that banamex will be figured out this summer (maybe even before next earnings) and buybacks will resume soon after. you can tell they wanna be done with it and are now looking at two distinct ways to exit. I'm not sure if I will wait around to find out, but, if I do exit $C will be on my shortlist to swing back in on later.
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Apr 15, 2023 02:15
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So I got SAAB right before russia invaded which was nice. But I should sell now right? It has to be overvalued atm.. Also on another basis I nabbed a few undervalued stocks last week thinking i would hold onto them until summer. But theyve increased by 40% and 16% in a week and im honestly not sure its going to go higher. (Athanese Innovation and Astor Group Scandinavia)
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Apr 17, 2023 07:04
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LanceHunter posted:True major US default is basically a “nukes are flying” situation. No good solution there. Biden will mint the platinum coin before it gets to that. So the true opportunity is to get your awesome Ocean’s 11 crew to stake out the intersection of H Street and 15th Street in DC so you can steal the trillion-dollar coin as it makes its way from the White House to the Treasury building. (With a backup crew in Lafayette Square when it turns out they have an incognito runner transporting the actual coin on foot via that path.) Biden is not going to mint the coin. Probably what's going to happen is things start to get rocky as we near default, the market looks like its going to crash, and donor pressure starts to get intense. McCarthy introduces a bill that does only a few cuts to something no one cares about, like the arts or immigrants, and gets just enough of his own party to get on board, along with 100% of democrats. Crisis averted, but then McCarthy is immediately deposed as leader because the cuts weren't big enough. Point being, it's not going to be road warrior, but the market will be feeling this and I think it will probably induce a recession if one isn't on the way already. I plan on buying the dip 
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Apr 17, 2023 19:16
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Ramrod Hotshot posted:Biden is not going to mint the coin. Probably what's going to happen is things start to get rocky as we near default, the market looks like its going to crash, and donor pressure starts to get intense. McCarthy introduces a bill that does only a few cuts to something no one cares about, like the arts or immigrants, and gets just enough of his own party to get on board, along with 100% of democrats. Crisis averted, but then McCarthy is immediately deposed as leader because the cuts weren't big enough.  Corporation for Public Broadcasting.
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Apr 17, 2023 19:22
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Outside of idly flipping through the channels at a random hotel I can't think of the last time I watched actual broadcast television for more than 90 seconds; PBS is not long for this world, they did not make the jump very well They do have a good YouTube series that occasionally pops up on my feed called "Eons"
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Apr 17, 2023 20:24
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Hadlock posted:Outside of idly flipping through the channels at a random hotel I can't think of the last time I watched actual broadcast television for more than 90 seconds; PBS is not long for this world, they did not make the jump very well They were doing really well for a while there, with a ton of their content online for free through their own streaming site/service. There was a period where I was watching stuff through PBS's streaming app as often as I was watching Netflix. Alas, that got gutted when the local affiliates threw a fit and made them hide most of the content behind a paywall (called "PBS Passport", a paywall you can only get through by donating to your local station). They do also have a bunch of short-form stuff out there through PBS Digital Studios. Most of that content is outsourced to different companies who do the production, though. For example, PBS Eons is made by Complexly (an arm of the Vlogbrothers empire). PBS SpaceTime is made by Kornhaber/Brown. Some of that content is still produced by PBS affiliates, but those are generally the less-popular programs (ever heard of PBS Voices?)
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Apr 17, 2023 20:50
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Hope nobody tried to buy LUV as a bargain in the last couple months after the Christmas disaster because this company is absolutely cooked: https://twitter.com/MSNBC/status/1648339011948236802
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Apr 18, 2023 18:02
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AngryBooch posted:Hope nobody tried to buy LUV as a bargain in the last couple months after the Christmas disaster because this company is absolutely cooked: Haha goddamnit. I don't have the stock but I did like flying them out of denver. Hope they can get their poo poo together. We seem to be nearing "our tech is falling apart because we didn't hire the right people to maintain it" stage at a few places. Figuring out where the duct tape is gonna burst next is kinda hard though.
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Apr 18, 2023 18:23
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Southwest has been horribly run for years. I wouldn't have touched this poop with someone else's ten foot pole.
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Apr 18, 2023 18:36
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Sounds like they're at least 10 years behind on deferred maintenance of their mission critical computer systems, I don't know how you get out of that death spiral but sure seems like those things will get worse from this point before they get better Didn't they do a full ground stop for like 4 days during peak holiday travel as well Usually I'm the guy rooting for "they can turn this around" but I have low confidence in this case
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Apr 18, 2023 19:01
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AngryBooch posted:Hope nobody tried to buy LUV as a bargain in the last couple months after the Christmas disaster because this company is absolutely cooked: I bought the dip and sold the recovery like a professional trader, like & subscribe please
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Apr 18, 2023 19:05
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