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STOCK MARKET: Let's talk stocks and investing

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

  1. geeimsobored

    geeimsobored Contributing Member

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    Wondering this myself. I've stayed away from TSLA (was fortunate enough to sell off most of my TSLA stock at 800) but I'm wondering when the time will be to buy back in. I still think its grossly overpriced but I also have no idea how to judge EV companies.
     
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  2. Sajan

    Sajan Member

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    maybe i am an idiot but i am thinking these are good times to average down?
     
  3. Ziggy

    Ziggy 99ers STAND BY
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    PFE finally printing. :cool:

    I'm too scared to average down. Rates go up, growth stocks gonna suffer. Again.
     
  4. Cokebabies

    Cokebabies Contributing Member

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    I know I'm late to the party but I've started allocating more of my cash to crypto until the market shakes out. My biggest fears right now are 1.) The Fed handling inflation as poorly as possible 2.) A bubble popping in the CMBS market.

    That being said, if the market has a quick drop in the near-term, one stock I'm watching is BLDR because homebuilding is super strong, also WY/WOOD/UFPI because lumber prices are through the roof and in high demand from homebuilding.
     
    #16344 Cokebabies, May 12, 2021
    Last edited: May 12, 2021
  5. jayhow92

    jayhow92 Member

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    Stop the count!!!
     
  6. saitou

    saitou J Only Fan
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    i'm not sure whether crypto is really insulated. Most of the big coins are down today as well.

    + that's an even bigger bubble, i'd feel more worried putting big money into crypto now than stocks. Safemoon has a $5.5bn market cap (key feature is that it's safe!), bigger than Fireeye who is actually doing useful ish like protecting usa cybersecurity and investigating colonial hack lol.

    if i recall 2018 crypto crash coincided with stock market crash, but i wasn't following stocks as closely back then. a crypto crash has potential to be muchmuch worse - speaking as someone that saw 95% value of my alts wiped the last time.
     
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  7. Sajan

    Sajan Member

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    Everyone's saying it's different this time around for crypto.....smh.
     
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  8. Sajan

    Sajan Member

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  9. Rodman23

    Rodman23 .GIF

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  10. Invisible Fan

    Invisible Fan Insider Newsletter™ 2X Diamond Member

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    BTC maxis mad even though Elon hodling.

    I don't think I'd hold 3/4 of my coins past December.

    Would buy back in once it consolidates though.
     
  11. Plowman

    Plowman Contributing Member

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    I'm in UBER @43.50 today. Hopefully, sell into short covering premarket tomorrow. Maybe buy it back.

    Big Day coming back the other way on the DOW, I think.
     
    #16351 Plowman, May 12, 2021
    Last edited: May 12, 2021
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  12. Ziggy

    Ziggy 99ers STAND BY
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    So... we're supposed to believe that this guy, who is smart enough to send rockets to space, has his company INVEST a BILLION in Bitcoin. AND accept payment in Bitcoin. Then MAGICALLY, a few weeks later, suddenly finds out it uses a lot of energy to mine? Like he heard about it on a podcast? Lol. Okayyyyyyyyyyyy!

    I'm not mad. Or surprised. This is just kind of... stupid. Nothing more. Tired of the lemmings following him off the cliff.
     
  13. saitou

    saitou J Only Fan
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    i was saying exactly the same thing to my bro. probably stocked up on the next coin he waiting to shill. just sad for my $COIN.

    i wonder how ark squares this now that their 2 fav things in the world disagree with each other. minds probably exploded, but will find a way to come out and justify 10 trillion dollar valuations for both tsla and btc.
     
    #16353 saitou, May 12, 2021
    Last edited: May 12, 2021
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  14. Ziggy

    Ziggy 99ers STAND BY
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    He's definitely playing games... Michael Burry Tweets the wrong thing and the feds are at his door. Elon gets away with anything. He's going to crush the wrong person's hopes and dreams and wind up with a literal target on his back. Sorry @tinman
     
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  15. LosPollosHermanos

    LosPollosHermanos Pay tucker
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    The floor is much higher. BTC is not staying below 40-45K imo
     
  16. Dr of Dunk

    Dr of Dunk Clutch Crew

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    They say that every time about everything.
     
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  17. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I came in here hoping to read about the next garbage stock with no earnings trading for 13 cents, but instead I find bitcoin. Y'all suck. :D
     
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  18. adoo

    adoo Member

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    i believe that we both own BRK stock;
    and the Oracle of Omaha considers BTC rat poison square !
     
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  19. Invisible Fan

    Invisible Fan Insider Newsletter™ 2X Diamond Member

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    At least he's smart enough to waffle now. Some people are super optimistic to the point of delusion.
     
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  20. Sajan

    Sajan Member

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    Ya dude had no idea about energy use before he bought 1.5 billion worth of BTC? Give me a break.

    musk does what best for musk. He is a business man.
     
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