OT: Stock and Investment Thread

RU05

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Jun 25, 2015
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This week Morgan Stanley, Oppenheimer and Citi all either initiate or reiterate RDDT as a buy.

GS maintains at neutral.

I sold it at a loss last Wed at $110. Currently $95. If I jump back in now it would be a wash sale.
 

T2Kplus20

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May 1, 2007
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This week Morgan Stanley, Oppenheimer and Citi all either initiate or reiterate RDDT as a buy.

GS maintains at neutral.

I sold it at a loss last Wed at $110. Currently $95. If I jump back in now it would be a wash sale.
I'm back in with RDDT and created a wash sale. Don't care.
 
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RUAldo

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Sep 11, 2008
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This week Morgan Stanley, Oppenheimer and Citi all either initiate or reiterate RDDT as a buy.

GS maintains at neutral.

I sold it at a loss last Wed at $110. Currently $95. If I jump back in now it would be a wash sale.
I bought more around $92. But even with DCAing I’m still in the red
 
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T2Kplus20

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13x revs last i checked. With good growth. So not crazy expensive.
Lots of smart people high on RDDT. It is crazy undervalued based on share of attention and users. How long to monetize this? They could boot it like SNAP, but so far they are on the right track.
 

drewbagel423

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Oct 30, 2006
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Lots of smart people high on RDDT. It is crazy undervalued based on share of attention and users. How long to monetize this? They could boot it like SNAP, but so far they are on the right track.
Gotta be real careful with how they decide to monetize it. They've already been losing users due to some of the decisions they've made in the past year plus. Not to mention it's being flooded with bots.
 
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Joey Bags

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Gotta be real careful with how they decide to monetize it. They've already been losing users due to some of the decisions they've made in the past year plus. Not to mention it's being flooded with bots.
I used to use Reddit a lot up until this election cycle. Agreed, lots of blatant censorship and especially just plain unbearable levels of political chatter or outright propaganda on completely apolitical subreddits. Wouldn’t touch this unless there’s a plan to make drastic changes.
 

RutHut_rivals

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Why not try some penny stocks in this volatile market?

NWBO

Blasting Off Outer Space GIF by Zypto
 

RutHut_rivals

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Was there a reason for Friday's move? I'm not seeing any news.
Lawsuit against hedge funds for price manipulation. Discovery starts 4/25, Don't know enough to as how typical this is, or if a $1 B settlement or short squeeze is likely. More long-term, the company expects approval of it's technology / main product, DC-vax in the UK by this summer.
 
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RU05

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Lawsuit against hedge funds for price manipulation. Discovery starts 4/25, Don't know enough to as how typical this is, or if a $1 B settlement or short squeeze is likely. More long-term, the company expects approval of it's technology / main product, DC-vax in the UK by this summer.
See what it does tomorrow but im really trying to stay away from junk like this.
 

RU05

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BTC up. Is it seperating itself from risk equities?

Getting back over 90k looks like a hurdle that needs to be cleared.
 

T2Kplus20

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May 1, 2007
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Whats the dollar doing?
Speaking of this, did you check out the Warren Pies episode from Friday? He said that gold is soaring in the US in terms of the dollar, but rather flat elsewhere (e.g., yen and euro). Are my GLD futures really a dollar trade? Well, at least a portion of it.
 
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RU05

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Speaking of this, did you check out the Warren Pies episode from Friday? He said that gold is soaring in the US in terms of the dollar, but rather flat elsewhere (e.g., yen and euro). Are my GLD futures really a dollar trade? Well, at least a portion of it.
Yup that was basically the reason for the question. I assume bonds are selling off as well.
 

T2Kplus20

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Just another casual -3% day. Going to retest the early April lows soon.
Not if Trump makes the right tweets. You never know what will happen, which if why you just need to keep buying and stick to your plan. It is comical seeing people selling after so make market damage has already been done. Many of these people will never get back in. That happened in 2008/2009.
 

drewbagel423

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Oct 30, 2006
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Not if Trump makes the right tweets. You never know what will happen, which if why you just need to keep buying and stick to your plan. It is comical seeing people selling after so make market damage has already been done. Many of these people will never get back in. That happened in 2008/2009.
And another wrong tweet will send it down an additional 5%.
 

T2Kplus20

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And another wrong tweet will send it down an additional 5%.
Exciting times! :)

Trump doesn't like to be disliked and his polls are plummeting. He's a survivor and will pivot as needed (and already did so once by delaying most tariffs). My bet is more such things will come soon.
 

xWVU2010x

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Basically this - until Trump stops reacting to the market (really stops, as in like a year of one consistent economically destructive policy), then you have to assume he will be reigned in by economic pressure if anything he does goes far too overboard.

The politics of it are its own thing, but the economic reality is if the tariffs that were paused eventually become reality, and he does sack the head of the Fed and installs a loyalist, we will unquestionably nosedive beyond anything we have probably ever seen. Does he know this? Idk, but judging strictly by actions not words, pausing the tariffs suggests he has not fully weighed the consequences of his policies and there is a limit to how far he would go to get his way. So assuming what has always gotten him to move back to reason, will continue to do so, you have to guess the downturn won’t turn into a prolonged self inflicted depression.
 

jtung230

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Not if Trump makes the right tweets. You never know what will happen, which if why you just need to keep buying and stick to your plan. It is comical seeing people selling after so make market damage has already been done. Many of these people will never get back in. That happened in 2008/2009.
Your mitigant to the risk is for Trump to make the right tweet? That’s comical.
 
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