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All my numbers went down today, so Monday I'll be rich.
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# ? Dec 27, 2019 21:24 |
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# ? Jun 8, 2024 07:30 |
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Hey could someone PM me when the markets hit the peak, thanks in advance.
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# ? Dec 27, 2019 21:44 |
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movax posted:It’s not worth brain cells trying to apply reason to TSLA valuation. Still hopeful they’ll die soon and better companies will bring EVs to market that aren’t engineering deathtraps. Teslas have been out for a long time now. GM has had plenty of opportunity to upgrade their vehicles, but I rented a new Acadia last week and it was the same old shitbox. Think y'all should drive a model 3 around a bit before shorting any Tesla.
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# ? Dec 28, 2019 05:58 |
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They're OK. Honestly I feel like the build quality is pretty lovely. And for the price you can get an amazingly built used Lexus or BMW.
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# ? Dec 28, 2019 06:45 |
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TSLA is more than a car company, FYI
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# ? Dec 28, 2019 07:55 |
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movax posted:It’s not worth brain cells trying to apply reason to TSLA valuation. Still hopeful they’ll die soon and better companies will bring EVs to market that aren’t engineering deathtraps. haha remember when tesla, a huge corporation, literally tried to have someone assassinated by swatting them? https://twitter.com/awinston/status/1198281740852322304?lang=en
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# ? Dec 28, 2019 09:08 |
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greasyhands posted:TSLA is more than a car company, FYI Yes, it's a stock promotion scheme that misleads consumers and a massively unprofitable and dying solar energy company.
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# ? Dec 28, 2019 09:17 |
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Race Realists posted:haha remember when tesla, a huge corporation, literally tried to have someone assassinated by swatting them? Elon Musk is Henry Ford 2.0 with better spying technology.
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# ? Dec 28, 2019 16:32 |
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Ur Getting Fatter posted:I still feel like using the YTD number is cheating given the timing of the 2018 crash. Stocks values were, IMO, artificially depressed during that period because of the shutdown. Yeah, even beyond the December crash, the market was down for the year, and down basically 20% from the high. There's a solid argument that 2018 was a bear market and constitutes a "reset" or whatever, if that poo poo even matters It's definitely kind of comical to listen to MAGA boomers crow about their 401ks that are *checks math* up the regular historical return of 10% per year over the last two years
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# ? Dec 28, 2019 17:40 |
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Baddog posted:Teslas have been out for a long time now. GM has had plenty of opportunity to upgrade their vehicles, but I rented a new Acadia last week and it was the same old shitbox. Ya nobody here is praising GM's poo poo evs but I think TSLA and GM are not the only companies make EVs( all the eu makers + asian). Also the earliest projection for EVs overtaking Gas cars is in 20 years+, that is earliest maybe the projection is wrong and it will accelerate due to carbon tax implementation or something but it is still far off. Meanwhile until that happens TSLA is missing on that whole market and still is incapable of producing at the rate of other oems even in their ev production despite investing billions to make giga factories to automate the whole process. And please lets not say TSLA is a tech company because the valuations and margins for that are completely different, when they sell hardly any tech and like over 90% of their revenue is from car sales. I just was saying the valuation these days seem like the best case scenario and even more.
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# ? Dec 29, 2019 03:15 |
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For airlines why does CASM-ex go up when they add planes to service? I figured you get some kind of fixed cost leverage but I’m obviously missing something.
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# ? Dec 29, 2019 16:39 |
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Chatting with my Father over the holidays I was recounted two surprising tales bearish on the Automobile sector, whether ICE or Electric. Anecdata ensues: The first and most interesting story comes from my Father's chat with his long time pal now retired but who used to be a Big Important Person at Ontario Power Generation (OPG). The two were on vacation and being Boomers with a love of cars impulsively walked into the car show that was going on near their hotel. Checking out all the latest electric cars, the ex-OPG bigwig stated that they were never going to replace ICE cars because the power requirements would be enormous as would the cost of new infrastructure and it is all beyond the provinces' ability. At this point in the story I expected my Father's friend to launch into a passionate call to action for more nuclear power to address this, but I was surprised to hear that he dismissed the whole idea, citing the public's anathema to nuclear on top of the incredible time and expense of creating new nuclear power stations. Not to say that he thinks the ICE automobile based infrastructure status quo will prevail. Rather he thinks governments will look at the incredible expense of increased power generation to meet the new demand in comparison to the climate impact of the status quo and pursue a third, less costly, option of building more and more electrified public transit. "Build more public transit" is like the hipster millennial urbanist solution to the climate crisis, so it was surprising to me to hear this from a retired car loving boomer. Perhaps though he's clued in enough into cost adverse government bureaucrat thinking that he could be right that the Province could shift in this unexpected way. The second, much briefer story comes from my Father aiding a sales transaction of a Toyota Dealer selling off his dealership. Asked by my Father why he's selling, the Dealer states that of course he's retiring (though he isn't all that old ~60), but added that he sees car ownership as peaking for much the same reasons as the OPG bigwig. He expects some wall will be hit on selling ICE SUVs (government intervention?) but doesn't expect a Prius in everyone's driveway is viable either. Again a perspective one doesn't expect to hear from that sort of source.
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# ? Dec 29, 2019 21:47 |
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That guy is right that increasing public transit is the obvious solution but it has been for decades and the US had just added the sixth and seventh interstate lanes instead.
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# ? Dec 29, 2019 22:26 |
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The go to solution has always been to add another car lane because in major part it's the cheapest and easiest modification to the status quo. The point of the ex-energy executive I suppose is that with the dynamic of climate change thrown in, adding another lane and doubling down on cars is no longer the cheapest option. Of course these stories come from a Canadian perspective where there is now a carbon tax in place and public transit investment is experiencing a bit of an uptick (though is still relatively poor in comparison with other parts of the world). In the USA, a different context, perhaps folks will continue to double down on ICE cars for some years to come...?
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# ? Dec 29, 2019 22:53 |
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Electric vehicle sales are down year over year while SUVs as a percentage of all vehicle shipments keep increasing. So yes. Long BWA, and oil
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# ? Dec 29, 2019 23:22 |
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Comrayn posted:That guy is right that increasing public transit is the obvious solution but it has been for decades and the US had just added the sixth and seventh interstate lanes instead. No one wants to ride with poors. Everyone tries to rationalize other issues, but that is the base problem.
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# ? Dec 30, 2019 02:07 |
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idk, trains are fuckin great in Japan. I always figured we just weren't dense enough population wise to make the numbers work.
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# ? Dec 30, 2019 02:35 |
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Foma posted:No one wants to ride with poors. Everyone tries to rationalize other issues, but that is the base problem. That is certainly a thing but from having lived and travelled in Europe and also used the NYC Subway system. The turnoff for me in the USA for everywhere except those major cities (maybe Chicago, San Fran?, NYC) is that the public transit options are so sparse that you waste sometimes hours of your time to take a bus versus driving your car. Or maybe you aren't wasting an hour but there's like 2 times the whole day where your desired destinations are serviced. Now how do you go from poor transit to a critical mass like you see in Europe? Probably some sort of blockchain startup that TED talks the rideshare apps into public control.
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# ? Dec 30, 2019 02:40 |
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BlackMK4 posted:idk, trains are fuckin great in Japan. I always figured we just weren't dense enough population wise to make the numbers work. https://www.youtube.com/watch?v=E7kor5nHtZQ yes sign me up right away.
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# ? Dec 30, 2019 02:42 |
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BlackMK4 posted:idk, trains are fuckin great in Japan. I always figured we just weren't dense enough population wise to make the numbers work. We’re getting far afield here but you have to remember, we had passenger rail transit into tiny dirt towns 120 years ago. Times changed and policy changed. It’s not 100% the fault of cars; zoning and politics has made things a lot harder here than it has to be.
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# ? Dec 30, 2019 02:43 |
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No matter what the solution is, it's going to immediately get taxed to hell and back to make up for the loss of gas/car/whatever revenue the government is losing.
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# ? Dec 30, 2019 04:30 |
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Solice Kirsk posted:No matter what the solution is, it's going to immediately get taxed to hell and back to make up for the loss of gas/car/whatever revenue the government is losing. Electric bill goes up. Probably.
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# ? Dec 30, 2019 04:49 |
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Tomorrow's gonna be a fun day
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# ? Dec 30, 2019 05:13 |
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Predictions?
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# ? Dec 30, 2019 06:17 |
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MetaJew posted:Predictions? I am going to make (lose) a lot of money
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# ? Dec 30, 2019 06:22 |
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GoGoGadgetChris posted:Tomorrow's gonna be a fun day https://www.youtube.com/watch?v=yjO1bMHbDpY
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# ? Dec 30, 2019 08:27 |
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MetaJew posted:Predictions? Pain.
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# ? Dec 30, 2019 14:45 |
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Where is all my money going. Come back, money.
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# ? Dec 30, 2019 15:41 |
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My salary next year will be at least 23% higher. I wonder if it makes sense to sell/rebuy my positions to take the tax hit on gains this year.
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# ? Dec 30, 2019 16:22 |
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Josh Lyman posted:My salary next year will be at least 23% higher. I wonder if it makes sense to sell/rebuy my positions to take the tax hit on gains this year. Well the math on this should be pretty straightforward but don’t forget to factor in whether something is STCG vs. LTCG and if waiting a bit would change that.
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# ? Dec 30, 2019 16:40 |
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John F Bennett posted:Where is all my money going. Come back, money.
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# ? Dec 30, 2019 17:24 |
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Things seem to be recovering a bit now. I'm guessing lots of buying on the dips?
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# ? Dec 30, 2019 17:36 |
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Covered some Nvidia short in order to add more to apple short. Apple is gonna screw me.
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# ? Dec 30, 2019 17:43 |
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sleepy gary posted:https://www.youtube.com/watch?v=E7kor5nHtZQ yes sign me up right away. Now that is efficient!
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# ? Dec 30, 2019 18:22 |
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sleepy gary posted:https://www.youtube.com/watch?v=E7kor5nHtZQ yes sign me up right away. Elephanthead posted:Now that is efficient! I find this frotteurly appealing.
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# ? Dec 30, 2019 21:43 |
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sleepy gary posted:https://www.youtube.com/watch?v=E7kor5nHtZQ yes sign me up right away. That is the exception, not the rule
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# ? Dec 30, 2019 21:59 |
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https://www.reddit.com/r/Futurology/comments/ehkn8w/im_testing_an_experimental_drug_to_see_if_it/ Reddit front page, eh? Can't be too bad for the ol' company
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# ? Dec 30, 2019 23:43 |
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My personal finances are finally in a state that excuses some gambling, which biotech stocks should I fill 80% of my portolio with over the next three days
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# ? Dec 31, 2019 18:03 |
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Agronox posted:Well the math on this should be pretty straightforward but don’t forget to factor in whether something is STCG vs. LTCG and if waiting a bit would change that.
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# ? Dec 31, 2019 18:10 |
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# ? Jun 8, 2024 07:30 |
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Femur posted:Covered some Nvidia short in order to add more to apple short. Apple is gonna screw me. Anecdata from buying an Apple Watch and AirPods the other day, the flagship Apple Store in Vancouver is unable to keep the AirPods Pro in stock because they fly off the shelf immediately. They have no idea when they'll get more in. People love noise cancellation that much or production trouble?
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# ? Dec 31, 2019 20:32 |