Has the market tanked?
Been choppy in May, but S&P is only a bit off it's all time highs.
Crypto has tanked, no denying that.
OT: Stock and Investment Thread
- Thread starter RU05
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Been choppy in May, but S&P is only a bit off it's all time highs.
Crypto has tanked, no denying that.
This drop in ATT is transition from dividend investors to semi growth investors. If ATT concentrates on telecommunications and building out 5G, they should be fine. They have lost a lot of money the past few years between Warner media and directv. They will have about ~$140 billion in debt once this deal is completed. Still will have $20 billion in cash flow. ATT should be a decent buy around $28-30 for long term investors only if they stop trying to do things they aren’t good at doing.
+1
Overall a bunch better day than expected. Fun to read all the PE posts from the Little Bears this morning.
I bounced pretty well off my morning lows, still a stinker, but not terrible. This morning was def looking pretty terrible.+1
Overall a bunch better day than expected. Fun to read all the PE posts from the Little Bears this morning.
I think that the dividend investors are dumping this stock too soon. The deal with discovery won't go down until next year at the earliest. In the meantime, stop cold as we will continue to collect high dividend. I would buy this weakness if you are looking for dividend and then sell into next year.
I think the deal makes sense, and not just because I'm naked July 30 puts. lol. The phone biz is worth roughly $26 alone with a 4% yield that will grow with inflation. A boring old fashioned utility. But for an extra 3 bucks, you're effectively getting a long term warrant on a media company breaking free from an arranged marriage.
I thought you were Tommy Lee. You two sound exactly the same. Market recovered nicely but crypto took it on the chin.
Don’t be waking up the bears. Yeah, all your funds that you listed that you own were down except one (SOXX), your ARK was down 1.74% when the S&P was down only 0.29% (almost all your funds did worse), TESLA down 2.49% and is 37% off its high and ETH is down 34% in the last 24 hours. And your day was “a bunch better than expected.” Lol+1
Overall a bunch better day than expected. Fun to read all the PE posts from the Little Bears this morning.
Tom Lee is about the only one that thinks the market is going to make a big upward move. There will be more pain ahead with some good entry points.
Little Bear, my value tech account was up today! 0.02% LOL.
Way, way, up on cryptos, just not today. No big whoop.
I mentioned ABML recently but American Manganese, a Canadian company, which trades OTC under the ticker AMYZF, might be a better play.
Some interesting recent stories too, which the stock did not react to.
There was some news a month or two ago about a clean hygrogen production deal in PA, but I don't think that is what this bounce is about.
Remember part of why it tanked was the accounting issue, so perhaps with earnings next week people are getting back in in anticipation of that getting cleared up?
Or maybe after getting cut 60something % it finally found a floor.
That is the type of thinking that costs people a lot of money in the stock market.
Add KSS to the list of companies who handily beat, from rev's to earnings, to guidance, and yet was down as much as 8% on the news.
And I get it, it's been a great run, so a dip even on good news isn't crazy, but another example of the market reeling in those companies that have had those big runs.
And I get it, it's been a great run, so a dip even on good news isn't crazy, but another example of the market reeling in those companies that have had those big runs.
I think it is always trying to fine tune itself, but often get's excited and gets out of whack.
Then there are those who try to take advantage of when the market gets out of whack, which gets it even more out of whack.
But this is a no sweat day imo. Im up 160% on the name since fall. Might add on the dip here?
Drought in Taiwan effecting chip production?
Fair to say that given their track record thus far, that they will be able to tamp this out before it becomes an issue?
two china tech podcasts i like that give lot of insight
latest episode goes through semiconductors
and this one, Tech Buzz China
latest episode goes through semiconductors
and this one, Tech Buzz China