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Re: Stock Market Talk

Posted: February 27 14, 1:49 pm
by AWvsCBsteeeerike3
somebody needs to come up with something like reddit's AMA for twitter. Basically, it's beyond annoying to follow a conversation that lasts more than 2 questions on twitter. And it always follows this format:

Person A is important with info and gives some of that info, albeit not all because Person A has 160 characters to use and tweets something like Hogs keeping official color at PMS 122 (?) after change
then like a million John Doe's start asking questions and Person A will answer some of them by replying and retweeting. but the only way to keep up is to read Person A's twitter page, getting the answer, and expanding his response tweet to get to the question. Then doing this 100 times as the answers and retweets become available.

It'd be much better if Person A could tweet something, and then with enough clicks, open up a room where he can click on a question posed by John Doe in response to the original tweet, the question shows up, and he can answer it right beneath. Then, the process repeats itself. It'd be so much more of a fluent conversation, which the tweet would spark, than the disconnected convoluted way it is done now. It would be especially helpful to consequent articles trying to explain what happened/who said what.

Re: Stock Market Talk

Posted: February 15 19, 9:22 am
by go birds
Would like to revive this thread since i'm older and wiser.

I just read thru it again and there's a lot of valuable information so thanks again to those that contributed.

I did get a chuckle out of this:
AWvsCBsteeeerike3 wrote:
And, when I do pick a stock to buy and hold, it's almost 90% of the time a penny stock. Here's one that, not only does it not make anything, it doesn't have a clear goal in mind on how to make money. The symbol: HEMP. Yeah, Hemp, Inc. Shocker they don't knwo what they're doing. I keed, I keed.
...because it's currently on my watchlist. How'd that work out for you AW? :-P

Anyway, looking to revive, not necessarily as a how-to anymore, but just general discussion of what every one is buying and selling and didn't want to clog up the retirement thread.

I'm currently adding penny stocks to my watchlist left and right--haven't bought anything yet, but window shopping.

I'm looking at penny stocks, not to get rich or sock away for retirement, but just to basically gamble in the sports offseason.

I'm definitely still a noob, but like i said much wiser than i was 6 years ago when i started this thread.

Re: Stock Market Talk

Posted: February 15 19, 9:51 am
by AWvsCBsteeeerike3
lol.

hemp was worthless back then and probably still are.

ACB is the stock i'm most familiar with regarding the pot industry. Highly valued as they should be and iirc announced a stock dilution to raise capital to the tune of some $200M or so a couple weeks ago. Still a decent bet if you want in that industry. Think they're around $7/share.

Re: Stock Market Talk

Posted: February 15 19, 10:14 am
by go birds
yea they are on my watch list as well..along with a bunch of other pot stocks.

wanted to make a move on ACB, but the price doesn't seem worth it right now.

Re: Stock Market Talk

Posted: February 15 19, 10:31 am
by Michael
I decided to review my posts from 2013. Generally I'm happy with what I posted, but now that we're in 2019 something has changed:
Michael wrote:
AWvsCBsteeeerike3 wrote:The teaser of taking a derivatives class with no more information is killing me. What did you take away from the class and what is your strategy?
That particular class mostly focused on pricing and hedging. In school I confirmed that I'm not sophisticated enough to make specific bets in the market and I'm better off dollar cost averaging low fee index funds over the long-term. Personally I'm a fan of the vanguard target retirement funds. FWIW, my wife works with portfolio managers and if you get them in a dark room they'll concede this is generally the correct strategy for 99.99% of investors, despite the fact they push higher commission funds to their customers. The other .01% are extremely wealthy and play on a different field than you and me.

Not sexy, but it's effective.
That other .01% I reference here have started mostly buying index funds too and just focusing on tax avoidance. Consequently, hedge funds are dying everywhere. It's pretty remarkable.

That vanguard retirement fund is still awesome. However, I think some other target retirement fund fees are kinda bad so you have to be careful.