Investing, Stock Market and Retirement Planning Thread

Talk about anything non-hockey related.
count2infinity
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Post by count2infinity »

:lol: I was in on doge at 0.031... got out just above it because I said to myself "this is f*cking stupid..."
NTP66
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Post by NTP66 »

Image
Pavel Bure
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Post by Pavel Bure »

Dickie Dunn wrote: Thu Feb 04, 2021 8:08 am **** DOGE. Apparently I need text alerts for Elon Musk.
Doge should never have been a long hold. Get in, if it spikes, get out. In reality I would ever put any money in doge.
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Post by Dickie Dunn »

Pavel Bure wrote: Thu Feb 04, 2021 8:51 am
Dickie Dunn wrote: Thu Feb 04, 2021 8:08 am **** DOGE. Apparently I need text alerts for Elon Musk.
Doge should never have been a long hold. Get in, if it spikes, get out. In reality I would ever put any money in doge.
Oh absolutely, but when Elongated Muskrat tweets this at 3 AM it would be nice to get in on the 20% swing.

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Post by Dickie Dunn »

NTP66 wrote: Thu Feb 04, 2021 8:50 am Image
I’ll give you $0.00001
count2infinity
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Post by count2infinity »

What's the conversion to Schrute bucks?
DigitalGypsy66
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Post by DigitalGypsy66 »

NTP66 wrote: Thu Feb 04, 2021 7:49 am @DigitalGypsy66: If you use Quicken, Marcus is now available to sync in it, finally.
:thumb:

I thought interest rates dropped again lol
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Post by Dickie Dunn »

count2infinity wrote: Thu Feb 04, 2021 9:03 am What's the conversion to Schrute bucks?
Need ten FAF Coins to equal one Schrute Buck or one Schrute Dime is equal to a FAF Coin.
mikey
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Post by mikey »

Garlicoin...you unwashed slobs...you need more garlicoin...FAF coins are just flooding the market with nonsense...
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Post by Tomas »

It took me until yesterday to find you do NOT need Bloomberg subscription to read Matt Levine's (together with Aswath Damodaran the most interesting finance writer) daily columns! :scared:

Just go here:

https://www.bloomberg.com/account/newsl ... ce=NLshare

...and they will send them to you via email, free of charge.
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Post by count2infinity »

I'm hoping that today officially kills GME. I know most are done, but apparently there are still a ton on Reddit thinking it's gonna go back up.
skullman80
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Post by skullman80 »

Yeah I just took a quick look and it's down to like 66$.
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Post by NTP66 »

I don't like that VG reminds me that the value of my GME shares was more than twice as high as what I sold it at a few days prior, lol. Need to find a way to eliminate that graph.
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Post by Pavel Bure »

Buy the dip! Or something.
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Post by tifosi77 »

NTP66 wrote: Thu Feb 04, 2021 8:50 am Image
This is wonderful. We should do a run of them and distribute them as challenge coins.
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Post by MalkinIsMyHomeboy »

how many FAF coins can we get if we trade Malkin?
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Post by King Colby »

I might buy GME at $20 or so for an actual investment
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Post by MalkinIsMyHomeboy »

ehhh

I don’t see the future of Gamestop. It’s a dead business; I don’t know what they transform into

AMC is a better long term play imo with theaters eventually reopening
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Post by King Colby »

They brought in the chewy guy to transform the business. That was how the whole meme started. Theres something there if you ask me.
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Post by Willie Kool »

They also just hired the former engineering leader of AWS in the newly created role of Chief Technology Officer. Definitely looks like they're going to try to pivot.

https://www.marketwatch.com/story/games ... 2021-02-03

I might jump back in if it drops under $20 too.
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Post by Willie Kool »

Kicksave
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Post by Kicksave »

What's everyone's opinion on Nokia?
NTP66
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Post by NTP66 »

Their phones are indestructible.
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Post by MrKennethTKangaroo »

One general comment:

Every business, both successful and in the midst of failure, have some sort of plan to either turn things around to make things even better. Sometimes they work and the company is saved (best buy had a few years earlier in the 2010s where they really struggled but managed to find their footing). Some have really bad ideas but keep coming up with bad ideas (sears). Some have a good idea but not enough cash hanging around to see things through.

The reality is that even the smartest, most successful business people can't always turn around a sinking shop. I have no idea if the guy from chewy will be able to turn things around at gamestop, no one really does. but hiring a CTO from amazon and adding the chewy guy won't magically force gamestop back in the middle of the transactions between console/game makers and the players themselves.

Anyone reading AMC's financial statements for about 25 minutes would come to the conclusion that it will fail.
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Post by Pavel Bure »

MrKennethTKangaroo wrote: Thu Feb 04, 2021 2:14 pm One general comment:

Every business, both successful and in the midst of failure, have some sort of plan to either turn things around to make things even better. Sometimes they work and the company is saved (best buy had a few years earlier in the 2010s where they really struggled but managed to find their footing). Some have really bad ideas but keep coming up with bad ideas (sears). Some have a good idea but not enough cash hanging around to see things through.

The reality is that even the smartest, most successful business people can't always turn around a sinking shop. I have no idea if the guy from chewy will be able to turn things around at gamestop, no one really does. but hiring a CTO from amazon and adding the chewy guy won't magically force gamestop back in the middle of the transactions between console/game makers and the players themselves.

Anyone reading AMC's financial statements for about 25 minutes would come to the conclusion that it will fail.
I really appreciate the insight you’ve brought through the last week alone. You went from being super salty to realizing most of us have zero idea what we’re doing. So thank you.
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