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Forum » Stocks are a JOKE at this point (SRS).
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Thread: Stocks are a JOKE at this point (SRS).

post 1623561251 11-24-2020, 10:18 AM
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#61
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Originally Posted By OliverHeldens⏩
Lol, 118%
Lmao srs? what your investing in? You seem pretty chill considering you have doubled your savings
post 1623561461 11-24-2020, 10:20 AM
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Originally Posted By PimpMasterC⏩
When the next bubble pops, the difference this time is that there will be no real recovery. We won´t hit another peak again, the multi century top has been reached. Many of the important long term macro trends point towards this.

I´m not shorting the market at east not right now because I don´t know how long this current clown market will continue. It might go on for a while, but things are getting worse, not better. I´m talking under the surface stuff here.

We are in a greedy clown world timeframe that is not sustainable. But for how long it will continue is hard to say.
I dont disagree, i dont feel like the foundation is stable. But you are kind of talking like magic eight ball talk. As I said, of course some day it will correct. It always does. But for now, why not ride the wave while its hitting?

I am admittedly doing my small part to a stronger foundation.
Teaching my sons the value of hard work and money (they already have bank accounts and are learning compounding interest (I am the bank) and how that works
Hiring people and giving them jobs
not over extending myself

Im doing all that while I also play the market while its hot. Might as well stack paper so you can shift and be on top when the tide changes no?
post 1623561561 11-24-2020, 10:22 AM
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#63
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Originally Posted By Weezy32⏩
O yah and myspace and yahoo are kings right now too because they were first to market. PLZ go if u think Tesla has some kind of monopoly on ev market because they got into it first.
Where in my post did I say anything about first to market? Actually Friendster was before any of these and it failed miserably.

Im talking about where the talent and innovation is happening. Trust me, Im in the industry. If you think these brilliant programmers want to come out of school and work for Chevy vs a silicon valley darling, you are delusional. Attracting talent is and will continue to be these old dinosaur company's biggest challenge.
post 1623561731 11-24-2020, 10:23 AM
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Originally Posted By Sterilite⏩
do you hire a taxman to deal with the aftermath cleanup or you like to diy?

no homo
I hire a CPA. Whats your point?
post 1623561821 11-24-2020, 10:24 AM
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#65
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Originally Posted By Weezy32⏩
You seriously think all these other car companies are just gonna roll over and say welp governemnt mandating electric cars we just gonna go out of business.

As i said earlier GM has hummer coming out ford had Mustang EV and porsche already released Taycon which has had positive reviews so all these other car companies that have been in the business for 100s of years are starting to make quality EV cars as well.
That Hummer is $100k with no options and that Porsche is too expensive for the general populace, not sure why you keep mentioning those.
post 1623561831 11-24-2020, 10:24 AM
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Originally Posted By MikeLowrrrey⏩
States like California are mandating 100% electric cars sold by 2030.
Is this srs? If so how the fukk is that type of free market interference even remotely constitutionally legal?
Permabulk/bloatlord Crew
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post 1623562021 11-24-2020, 10:26 AM
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#67
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Originally Posted By ontclone⏩
have tesla proved any of these things? do their battery's run longer? do they have better autonomous driving than all cars?

do you not realize it will take 1000 years for the companies earnings to equal the purchase price? way overvalued. it is a hype stock with a good story
You are mixing my statements that i used to respond to another post with stock price valuations.
1. Another poster was stating other car companies are catching up. No they are not, not any time soon.
2. Do i think TSLA is overpriced? Yes. Almost every stock is over valued at this time on paper 100%. But im riding the wave. Why not?

You will find, sometimes in life, things make absolutely no sense but if you spot the momentum you take it. Ive been in some deals in my lifetime where I thought, "man, this cant be real life"....but I dont turn them away as long as my moves are ethically sound.
post 1623562101 11-24-2020, 10:27 AM
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One account is up 2k and the other 1k but it does seem like it's going to crash again here soon. Might sell and buy the DIP
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post 1623562131 11-24-2020, 10:28 AM
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States like California are currently mandating 100% of NEW car sales being EV by 2030, similar rules are being touted in Europe as well. Lets see how that goes.

It’ll be an interesting decade for sure. Theres so much euphoria around the EV and “Green” space its actually ludicrous, even Nikola is up 20% today. NIKOLA.
post 1623562141 11-24-2020, 10:28 AM
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So its definitely not spelt "stonkz"??
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post 1623562571 11-24-2020, 10:33 AM
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Originally Posted By Destor⏩
States like California are currently mandating 100% of NEW car sales being EV by 2030, similar rules are being touted in Europe as well. Lets see how that goes.

It’ll be an interesting decade for sure. Theres so much euphoria around the EV and “Green” space its actually ludicrous, even Nikola is up 20% today. NIKOLA.
Thanks for correcting me. I also didn't mention it, but I'm not betting on that mandate being instated, just interesting to see how it goes.
post 1623562641 11-24-2020, 10:34 AM
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It always has been a joke. 10 year rinse and repeat cycles to extract cash out of new wealth and new generations. The common man always loses and theses corporations structure so there is zero accountability, essentially double dipping when the stimulus goes around. The whole corporate stock buy back is a joke also.

And all of a sudden *******s think they are some big time investors because they own 10 shares of tesla, stating what should or shouldn't happen with 'my economuh' so 'my stonk prices' keep rising. Our economy is becoming a running joke at this point, but at least it's being seen for what it is.
Your schtick sucks and it screams insecurity.
post 1623562651 11-24-2020, 10:34 AM
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#73
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If we're all millionaires, but eggs cost $5000 each, does it really matter?
Best thread: http://forum.obnoxiousbrutes.com/showthread.php?t=168274783
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post 1623562801 11-24-2020, 10:36 AM
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#74
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Originally Posted By MikeLowrrrey⏩
Thanks for correcting me. I also didn't mention it, but I'm not betting on that mandate being instated, just interesting to see how it goes.
Im in the thick of the Oil and Gas industry and major companies.....some of the biggest companies on the planet are majorly shifting their strategies to adjust for the future of clean energy.
The promise has been around for awhile, but the reality is near and old companies are evening shifting. That was a big sign for me.
post 1623562831 11-24-2020, 10:37 AM
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#75
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Just buy NIO and hold it.
post 1623562841 11-24-2020, 10:37 AM
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#76
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Originally Posted By ImpressiveGainz⏩
If we're all millionaires, but eggs cost $5000 each, does it really matter?
It wont matter for the millionaires turned multi billionaires I guess.

Out of curiosity, for those stating the market is way over valued, what are you currently investing in?
post 1623562921 11-24-2020, 10:38 AM
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Originally Posted By MikeLowrrrey⏩
Thanks for correcting me. I also didn't mention it, but I'm not betting on that mandate being instated, just interesting to see how it goes.
Also wouldn’t stop people from bringing in cars from other states or finding any number of ways to skirt these rules

Don’t think the world has hit a single one of the pie-in-the-sky environmental targets we’ve set
Originally Posted By donblaximus⏩
It wont matter for the millionaires turned multi billionaires I guess.

Out of curiosity, for those stating the market is way over valued, what are you currently investing in?
I’m in Canadian O&G, still massively undervalued. But tech and chit in the S&P is a different story.
post 1623563191 11-24-2020, 10:41 AM
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Originally Posted By ontclone⏩
have tesla proved any of these things? do their battery's run longer? do they have better autonomous driving than all cars?

do you not realize it will take 1000 years for the companies earnings to equal the purchase price? way overvalued. it is a hype stock with a good story
stay broke, *******
"It won't get better, just different."
post 1623563241 11-24-2020, 10:42 AM
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#79
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If OP wants to put his dick where his mouth is, come over to the investing section, sell a bunch of ITM calls and post your positions, we’ll see how it turns out.
post 1623563291 11-24-2020, 10:42 AM
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Originally Posted By hoganrulz⏩
So its definitely not spelt "stonkz"??
Two totally different things brah. Stocks rise and fall with the ebbs and flows of the market. Meanwhile STONKZ only go up. Just pick a few good stonkz and ride em to the moon baby, yeeeaaah....
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post 1623563381 11-24-2020, 10:43 AM
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#81
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Originally Posted By donblaximus⏩
It wont matter for the millionaires turned multi billionaires I guess.

Out of curiosity, for those stating the market is way over valued, what are you currently investing in?
that is the problem lol, there is no where else to put your money if you want a decent return on your investment so everyone is rushing to put their money into the stock market, everyone is getting greedy now.
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post 1623563401 11-24-2020, 10:43 AM
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#82
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Ripple and ETH doing well. Idiots who don’t know **** about crypto buying it, not knowing that when the drop comes it will happen before they even know

LMAO @ Chad ******* thinking he knows crypto

Stfu srs
post 1623563641 11-24-2020, 10:46 AM
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#83
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Originally Posted By ontclone⏩
that is the problem lol, there is no where else to put your money if you want a decent return on your investment so everyone is rushing to put their money into the stock market, everyone is getting greedy now.
So do you propose everyone should not be greedy and pull their money out of the market?
For the record, im not all in on the market, but I certainly have money in play and am enjoying the ride.
On the back side, im looking for commercial property to invest in.....if I can find the right deal. There will be blood on the streets here I believe in the next few years.
post 1623563751 11-24-2020, 10:47 AM
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they will do what they did last time. catastrophically crash the market at the end of the term to make it "trump's great recession" that will take another 8 biden years to "get us out of it"
post 1623564051 11-24-2020, 10:50 AM
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#85
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Originally Posted By JeepBruh⏩
TSLA is quickly becoming a meme for this reason lol. Congrats to those who bought it. I personally don't see the value in it, but I have family members and friends who are making bank off it so I am glad to see it go up.

Plus I do want to see them succeed since we very rarely get to see new car companies emerge and actually become successful.
Tesla is still undervalued IMO. You invest for potential not for current times. They are leaders in AI, Manufacturing, Batteries, Solar, EVs, and Marketing.

They could dominate supply chain, transportation, energy, automation, and even roofing.

The thing that makes them so enticing is they are like Amazon with many avenues for revenue, growth and dominance. They are also run like Amazon with long hours, low wages, and a day 1 philosophy of leadership.
post 1623564221 11-24-2020, 10:51 AM
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Originally Posted By ontclone⏩
that is the problem lol, there is no where else to put your money if you want a decent return on your investment so everyone is rushing to put their money into the stock market, everyone is getting greedy now.
I agree with your logic and acknowledging these red flag indicators. The question is whether to ignore these indicators given that there are massive money injections coming in 2021.https://www.zerohedge.com/markets/ce...ery-month-2021

Seriously have no idea and would like to hear other peoples thoughts. I am seeing indicators of inflation and it looks like there actually might be manipulation taking place to force inflation.
post 1623564231 11-24-2020, 10:51 AM
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Originally Posted By ontclone⏩
that is the problem lol, there is no where else to put your money if you want a decent return on your investment so everyone is rushing to put their money into the stock market, everyone is getting greedy now.
This is great for our country though. IMO Social Security should use the stock market too. The money raises capital for investment and innovation.
post 1623564361 11-24-2020, 10:53 AM
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#88
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Originally Posted By JeepBruh⏩
I agree with your logic and acknowledging these red flag indicators. The question is whether to ignore these indicators given that there are massive money injections coming in 2021.https://www.zerohedge.com/markets/ce...ery-month-2021

Seriously have no idea and would like to hear other peoples thoughts. I am seeing indicators of inflation and it looks like there actually might be manipulation taking place to force inflation.
Every single 401k is being put in the stock market and the top companies all benefit from COVID. Amazon, Apple, Google and Microsoft are making a killing off COVID.
post 1623564901 11-24-2020, 10:57 AM
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#89
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Lmao basically saying it’s down to a new breed of investors eg redditors who dgaf about actual numbers and are just buying it up also talks about Tesla

Airlines going up 5% today

post 1623564921 11-24-2020, 10:57 AM
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#90
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Originally Posted By donblaximus⏩
So do you propose everyone should not be greedy and pull their money out of the market?
For the record, im not all in on the market, but I certainly have money in play and am enjoying the ride.
On the back side, im looking for commercial property to invest in.....if I can find the right deal. There will be blood on the streets here I believe in the next few years.
no, i think if you buy solid companies in the stock market you should be fine even if the market crashes, because you know those companies will ride out the crash/ recession and bounce back, just make sure you have good companies in your portfolio if it happens, it might not. and also have money on the side so you can buy more stocks if the crashes does come.
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