1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. thegary

    thegary Contributing Member
    Supporting Member

    Joined:
    Jul 22, 2002
    Messages:
    8,906
    Likes Received:
    570
    Jeez, that sucked.
     
  2. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    6,594
    Likes Received:
    2,818
    Ouch, that was pretty much a free fall.
     
  3. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    6,270
    Likes Received:
    3,773
    :eek:
    yes i experienced this yest with CCIV. lol
    and gme a few wekes ago.
     
    CCity Zero likes this.
  4. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    35,264
    Likes Received:
    10,993
    lolol. I heard about that while I was driving. They lost a potential USPS deal to Oshkosh. I know it was down something like 55% at least at one point, so somebody's making money off of it in the afterhours going long. lol.
     
    saitou and CCity Zero like this.
  5. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    35,264
    Likes Received:
    10,993

    It's fine. But you're pretty much screwed. :D lol. Market was barely down. Well, except NASDAQ and trash stonks.
     
  6. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    6,270
    Likes Received:
    3,773
    No such as trash stonks. If it's trash, then it's a stock.
    If it's stonks, it always goes up.

    Anyways, I am down 15% today. Sold some of my positive stuff and bought the dips on some more SPACS lol.

    SPAC holdings:
    CCIV (Lucid)
    IPOE (SoFi)
    NPA (AST Spacemobile)
    DMYD (Genius)
    BFT (Paysafe)
    PSTH ?
    IPOD ?
    IPOF ?
    QELL ?

    OTHER:
    WTRH
    PLTR

    MSFT and my index funds are over at vanguard. I punch myself if I try to login there. So I don't do anything stupid. The above are at TDA.
     
    CCity Zero likes this.
  7. Ziggy

    Ziggy 99ers STAND BY
    Supporting Member

    Joined:
    Jun 11, 1999
    Messages:
    33,655
    Likes Received:
    9,460
    Battle-fought my way to a not-total-disaster of a day. Here's to hoping things pick back up a little this week.
     
  8. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    6,594
    Likes Received:
    2,818
    Man, that sucks on both, sorry to hear that.
     
  9. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    6,594
    Likes Received:
    2,818
    I think Ford is in the deal too, I didn't see the particulars yet but bought some cheap calls at close. I'm sure I won't get much out of it since it was Osk getting all the attn, But didn't go crazy either. Was trying to leave more out over night.
     
  10. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    6,270
    Likes Received:
    3,773
    Oh don't worry I am still up on CCIV on my profit shares.
    And GME was trash play. Rode it from 40 to 60 and then 90 to 400+ lol and diamond handed it. ended up selling at various price points during the drops..
    Not bad but I was saying those drops are terrible. I lost a few years of my life when those halts happened.
     
    CCity Zero likes this.
  11. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    6,270
    Likes Received:
    3,773
    The one SPAC I passed on.....THCB is benefiting from it.
    But I don't like investing in Chinese companies. So I stay away from BABA, NIO, Microvast (THCB) etc.
     
    CCity Zero likes this.
  12. saitou

    saitou Schrödinger's Shill
    Supporting Member

    Joined:
    Jul 20, 2003
    Messages:
    2,544
    Likes Received:
    962
    What's the deal here? Y go up so much?
     
  13. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    6,594
    Likes Received:
    2,818
    I don't like investing in them either, the few times I have they have been extremely short trades or not big positions. I'm just worried w/ tariffs and some of the political climate it could shift rapidly and quickly get you stuck, so I pretty much avoid them.
     
  14. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    6,270
    Likes Received:
    3,773
    Right. Or they are scams like Luckin.
     
  15. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    6,594
    Likes Received:
    2,818
    Exactly, that was an absolute disaster when the news hit. I know it was discussed some on the thread but I don't recall if anyone owned any on here.
     
  16. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    35,264
    Likes Received:
    10,993
    I'm not sure what Ford does other than provide the Transits, but even at that, I think it's a 10-year contract for something like 50,000-150,000 vehicles. Plus Ford is something like 6 or 7 times the size of Oshkosh, so it may not be as much of a needle-mover for Ford -- just a guess.
     
  17. CCity Zero

    CCity Zero Member

    Joined:
    Nov 28, 2014
    Messages:
    6,594
    Likes Received:
    2,818
    Yeah, I think you're right regarding it not doing much for ford, I was basically looking for cheap options to get a quick return. It was trending in the right direction in AH and then pretty much died. OSK was already way too priced in once WKHS basic jumped off a cliff.
     
  18. Cokebabies

    Cokebabies Contributing Member

    Joined:
    Feb 22, 2009
    Messages:
    1,176
    Likes Received:
    536
    Anyone in GRSV? They announced they are targeting Ardagh Metal Packaging, at an $8.5B valuation and the shady thing to me is the target company is a spinoff of a public company (NYSE: ARD) that is only worth $5.7B market cap and the parent company is going to retain 80% ownership. How is this not an arbitrage or fraud situation?

    https://www.sec.gov/Archives/edgar/data/1816816/000119312521051423/d61123dex992.htm
     
    saitou and Sajan like this.
  19. Sajan

    Sajan Member

    Joined:
    Apr 18, 2009
    Messages:
    6,270
    Likes Received:
    3,773
    Ya I mentioned in this thread earlier that I didn't like how the GHIV to UWMC turned out.
    So I stayed away from GRSV.
     
  20. Cokebabies

    Cokebabies Contributing Member

    Joined:
    Feb 22, 2009
    Messages:
    1,176
    Likes Received:
    536
    UWMC has been one of my biggest losers in the past 12 months but I doubled down on it recently because they are a legit company (they service my mortgage and my mortgage broker friend loves working with them) and I see them as value play because at the current market price, it's like a ~5.0% dividend yield. I also think the fears of the housing market slowing are overblown cuz here in California, the housing market is still on fire with no end in sight.
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now