Still think TITNC3: Return of the Iceberg was peak

Time heals all wounds, unless you rip the scab off.

 

Side note: I’m a noob here, as I find the discussion interesting and more than a few have perspective I lack.

 

But but but….if it’s not immediate it’s not fun!

 

I was thinking musical chairs.

 

Not dangerous enough. Where’s the Risk.

 

Blindfolded and on rollerskates.

 

They great at manufacturing viruses and now the 2008 housing crisis 2.0

 

More cheap copies

 

s&p green this am...
rug pull friday?! Or was jimmy C right that 7/13 was the bottom lol.

 

he meant to say losing account

 

If you just had TacoBell, I wouldn't trust a fart. European markets seem to be going strong all day so far, most likely our market will remain green, which is unusual for a Friday session this year. I typically stopped trading on Fridays in the past 2 years. And that might just be the handful of stocks that I trade, but the market seems to be more volatile over the wknds.

 

Until disinflation starts, oil prices drop, or we hit a hardcore recession it's just volatility arguments as far as I'm concerned.

 

But Oil Cumneez price gouge.....
Oh you mean the value of their stock will automatically go up as the purchasing power of the dollar decreases?

Why I bought oil stocks in NOV of 2020...

 

Technically all stocks will go up as the value of the dollar decreases assuming all other market factors remain fairly stable...
But we're not stable...
Sooo....
Stocks go down too..

 

I'd like to know who propped $DKNG today...

 

$GOOG split 20:1 today...
They're jealous of Amazon....
AND $GME

 

Its a matter of pricing power.

Companies with pricing power, which is the vast majority, will adjust and keep margin percentages relatively stable on long timelines.

Companies that cannot will have a harder time.

Stocks dip in the short term because input costs increase faster than consumer-facing companies can adjust prices for most things (energy and food are exceptions). If Molly Maid went up on their prices 15% over 2 years they'd lose a ton of business. You gotta boil that frog with, say, 3% over 5 years instead, or 2.5% over 10.

And lastly, there is the silly silly worker selling his labor. While he technically has a monopoly on his labor and can refuse to sell it below inflation adjusted prices (i.e. demand a raise and quit if it isn't given), most would also suffer very negative consequences like loss of house, car, and possibly spouse along with loss of income.

The lesson here?

Do not get stuck working for your money.

 

Loving it...
They dip $VET to $17-- yesterday...Closes over $20 today.
$GME Says yooo hoo....still a worthless stock...just climbing to mock...right?

 

We’re at another one of those opportune times for companies to buy back their own shares