Investing, Stock Market and Retirement Planning Thread

Postby **count2infinity** » Thu Feb 04, 2021 8:27 am

I was in on doge at 0.031... got out just above it because I said to myself "this is f*cking stupid..."

Postby **NTP66** » Thu Feb 04, 2021 8:50 am

Postby **Pavel Bure** » Thu Feb 04, 2021 8:51 am

**** DOGE. Apparently I need text alerts for Elon Musk.

Doge should never have been a long hold. Get in, if it spikes, get out. In reality I would ever put any money in doge.

Postby **Dickie Dunn** » Thu Feb 04, 2021 8:55 am

**** DOGE. Apparently I need text alerts for Elon Musk.
Doge should never have been a long hold. Get in, if it spikes, get out. In reality I would ever put any money in doge.

Oh absolutely, but when Elongated Muskrat tweets this at 3 AM it would be nice to get in on the 20% swing.

Postby **Dickie Dunn** » Thu Feb 04, 2021 8:55 am

I’ll give you $0.00001

Postby **count2infinity** » Thu Feb 04, 2021 9:03 am

What's the conversion to Schrute bucks?

Postby **DigitalGypsy66** » Thu Feb 04, 2021 9:10 am

@DigitalGypsy66: If you use Quicken, Marcus is now available to sync in it, finally.

I thought interest rates dropped again lol

Postby **Dickie Dunn** » Thu Feb 04, 2021 9:10 am

What's the conversion to Schrute bucks?

Need ten FAF Coins to equal one Schrute Buck or one Schrute Dime is equal to a FAF Coin.

YouTube · Postby **mikey** » Thu Feb 04, 2021 10:02 am

Garlicoin...you unwashed slobs...you need more garlicoin...FAF coins are just flooding the market with nonsense...

Postby **Tomas** » Thu Feb 04, 2021 11:06 am

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Just go here:

https://www.bloomberg.com/account/newsl ... ce=NLshare

...and they will send them to you via email, free of charge.

Postby **count2infinity** » Thu Feb 04, 2021 11:24 am

I'm hoping that today officially kills GME. I know most are done, but apparently there are still a ton on Reddit thinking it's gonna go back up.

Postby **skullman80** » Thu Feb 04, 2021 11:27 am

Yeah I just took a quick look and it's down to like 66$.

Postby **NTP66** » Thu Feb 04, 2021 11:40 am

I don't like that VG reminds me that the value of my GME shares was more than twice as high as what I sold it at a few days prior, lol. Need to find a way to eliminate that graph.

Postby **Pavel Bure** » Thu Feb 04, 2021 12:14 pm

Buy the dip! Or something.

Postby **tifosi77** » Thu Feb 04, 2021 12:19 pm

This is wonderful. We should do a run of them and distribute them as challenge coins.

Postby **MalkinIsMyHomeboy** » Thu Feb 04, 2021 12:25 pm

how many FAF coins can we get if we trade Malkin?

Postby **King Colby** » Thu Feb 04, 2021 12:32 pm

I might buy GME at $20 or so for an actual investment

Postby **MalkinIsMyHomeboy** » Thu Feb 04, 2021 12:34 pm

ehhh

I don’t see the future of Gamestop. It’s a dead business; I don’t know what they transform into

AMC is a better long term play imo with theaters eventually reopening

Postby **King Colby** » Thu Feb 04, 2021 1:45 pm

They brought in the chewy guy to transform the business. That was how the whole meme started. Theres something there if you ask me.

Postby **Willie Kool** » Thu Feb 04, 2021 1:57 pm

They also just hired the former engineering leader of AWS in the newly created role of Chief Technology Officer. Definitely looks like they're going to try to pivot.

https://www.marketwatch.com/story/games ... 2021-02-03

I might jump back in if it drops under $20 too.

Postby **Willie Kool** » Thu Feb 04, 2021 2:03 pm

WSB drama in full effect.

https://www.reddit.com/r/wallstreetbetstest/

Postby **Kicksave** » Thu Feb 04, 2021 2:08 pm

What's everyone's opinion on Nokia?

Postby **NTP66** » Thu Feb 04, 2021 2:11 pm

Their phones are indestructible.

Postby **MrKennethTKangaroo** » Thu Feb 04, 2021 2:14 pm

One general comment:

Every business, both successful and in the midst of failure, have some sort of plan to either turn things around to make things even better. Sometimes they work and the company is saved (best buy had a few years earlier in the 2010s where they really struggled but managed to find their footing). Some have really bad ideas but keep coming up with bad ideas (sears). Some have a good idea but not enough cash hanging around to see things through.

The reality is that even the smartest, most successful business people can't always turn around a sinking shop. I have no idea if the guy from chewy will be able to turn things around at gamestop, no one really does. but hiring a CTO from amazon and adding the chewy guy won't magically force gamestop back in the middle of the transactions between console/game makers and the players themselves.

Anyone reading AMC's financial statements for about 25 minutes would come to the conclusion that it will fail.

Postby **Pavel Bure** » Thu Feb 04, 2021 2:21 pm

One general comment:

Every business, both successful and in the midst of failure, have some sort of plan to either turn things around to make things even better. Sometimes they work and the company is saved (best buy had a few years earlier in the 2010s where they really struggled but managed to find their footing). Some have really bad ideas but keep coming up with bad ideas (sears). Some have a good idea but not enough cash hanging around to see things through.

The reality is that even the smartest, most successful business people can't always turn around a sinking shop. I have no idea if the guy from chewy will be able to turn things around at gamestop, no one really does. but hiring a CTO from amazon and adding the chewy guy won't magically force gamestop back in the middle of the transactions between console/game makers and the players themselves.

Anyone reading AMC's financial statements for about 25 minutes would come to the conclusion that it will fail.

I really appreciate the insight you’ve brought through the last week alone. You went from being super salty to realizing most of us have zero idea what we’re doing. So thank you.