The Market 2021

Discussion in 'Finance, Investments, and Careers' started by Folster, Jan 7, 2021.

  1. BigRedRage

    BigRedRage Reckless Contributor

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    A political matter made it a wise choice to double think your investment in a company, sure. never said otherwise.

    I was just replying to you turning it into a political argument.

    Looking at it from 3,000 feet above and as a non twitter investor, it was likely a good time to pull out while the chaos is happening between twitter, parlor and etc. It cannot be the best time for twitter right now with them learning and navigating how important their platform has become, what to censor and what not to censor and etc. I do not envy running that company right now.
     
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  2. Folster

    Folster he/haw

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    Sure it was a political matter, but ultimately Twitter made a business decision that will at the very least have a short term impact on their growth and profitability.

    I agree that they and other social media platform are in a very difficult situation.
     
  3. Devilmaycare

    Devilmaycare Registered

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    Can we cut out the P&R stuff here? We can leave the bickering to the other board.

    Back on investing, what do you guys think of the word that Lucid Motors might merge with CCIV to go public? CCIV went up over 30% today on the rumor. Earlier I bought 45 shares with some money I had in my play account's settlement fund just to see what happens. Figured it was worth a chance if it took off and the loss isn't going to kill me even if it goes to 0.

    It also has a local tie since they just completed a factory here.
     
  4. 82CardsGrad

    82CardsGrad 7 x 70

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    I could be wrong, but the only "bickering" was when someone jumped into the convo and complained about the mention of Trump.
    Quite simply, Foster posted his joy in dumping Twitter. I offered a differing opinion about the basis for his reason to dump the stock, not knowing he intends to buy it back (since he left that part out of his post). No bickering...
     
  5. dscher

    dscher Registered

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    Interesting divergences going into the week with the dollar and $spx. One is bullish, the other bearish. Gold will become much cheaper for anyone looking to build a physical position along the way as well.

    https://northmantrader.com/2021/01/11/freak-show-2/
     
  6. Folster

    Folster he/haw

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    Were you holding prior to the 30% jump? I'm always tempted to sell after an insane one day increase like that. I bought SBGI a couple years ago because I wanted a piece of the ATSC 3.0 (Next Gen TV) potential as they are one of the leaders in the technology and implementation. However, they unexpectedly bought the FOX Regionals from Disney and had a one day increase of nearly 40%. I'm still kicking myself for not selling or at least banking my gains. Now they are drowning in debt and have a lot more questions.
     
  7. Devilmaycare

    Devilmaycare Registered

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    Unfortunately not before it started but I still got about 10% out of it. My hope is though that the Lucid merger happens and it really shoots up. It's a pure gamble with about $500.
     
  8. BigRedRage

    BigRedRage Reckless Contributor

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    The lucid car looks pretty cool. I think a lot of it outside of tsla is hopes to find something like it but totally unlikely. I do however think the lucid car looks cooler than most the tesla cars. Can't hurt to dabble a little though.
     
  9. Devilmaycare

    Devilmaycare Registered

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    A guy at work that's a super TSLA fan boy, he has a car and like 90+% of his portfolio in in it. That's done really well for him this year but long term... Anyway we were talking about EV yesterday since he really stays on top of it. He think Tesla-Lucid are going to be the BMW-Merc of the EV world. Let's hope he's right since it'll be good for this gamble as well as good for the Valley with the factory here.
     
  10. BigRedRage

    BigRedRage Reckless Contributor

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    interesting, it looks like they rely on a third party charging station I have never heard of but it nation wide. It's nice to see more than tesla setting these up.

    https://www.electrifyamerica.com/pricing/
     
  11. Folster

    Folster he/haw

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    I opened a small long position in LOW (Lowe's) this morning. Based on calculations of their intrinsic value using projected future cash flows and growth in earnings, it still looks like a good buy with some margin for error despite the market being so high. Just wish I would've bought it in March.

    This is not a recommendation for LOW, just sharing.

    Any thoughts? I personally prefer them to HD partly because they are so close to me, have cleaner stores, and offer a permanent 10% veteran's discount.
     
  12. puckhead

    puckhead Waxing Gibbous Contributor

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    I much prefer Lowes. To me, Home Depot is like Wal-mart and Lowes is more like Target.
     
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  13. BigRedRage

    BigRedRage Reckless Contributor

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    What branch did you serve? I was unaware.
     
  14. BigRedRage

    BigRedRage Reckless Contributor

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    thats a really weird 5 year chart for 2021. lockdown has been good for home improvement.Good for lowes.

    upload_2021-1-14_9-57-38.png
     
  15. dscher

    dscher Registered

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    I think you can't go wrong with either. It's like picking between Visa and MasterCard imo. They will mostly follow each other closely over time. So going with the one you mostly shop at is a good method if you're stuck on choosing. :)
     

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