link between price and profits seems a lot more tenuous these days anyway, so it's about a good a dice roll as a lot of other things.
― longtime caller, first time listener (man alive), Wednesday, 21 April 2021 18:59 (two years ago) link
How to get rich in 3 easy steps: 1) Steal hotel soap 2) Invest savings in S&P3) Become millionaire pic.twitter.com/GSQBsopb6z— TikTok Investors (@TikTokInvestors) May 17, 2021
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 18 May 2021 23:26 (two years ago) link
very good account
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 18 May 2021 23:30 (two years ago) link
oh, fintok.
― Nhex, Wednesday, 19 May 2021 03:00 (two years ago) link
it did turn out that GME was a safehaven stock.
― Yerac, Wednesday, 2 June 2021 04:28 (two years ago) link
I got out on AMC months ago... if I illogically held, I would've quadrupled+ my money! Too late to get back in now.
― Nhex, Wednesday, 2 June 2021 15:00 (two years ago) link
https://www.theverge.com/2021/6/2/22465198/amc-meme-stock-popcorn-wsb
https://cdn.vox-cdn.com/uploads/chorus_asset/file/22555337/E24_NrSWYAAhODE.jpg
The thing that interests me about the meme stocks (so far) is that they are companies in a consumer-friendly line of business. Yes there's speculative mania or whatever but why shouldn't individual investors with money to splash around go long on video game retailers, movie theaters, and a fairly stable big box survivor? Why not get people to bet in favor of like, normal companies that sell normal products that people like to normal people? Nobody's gonna meme Exxon.
― Clara Lemlich stan account (silby), Wednesday, 2 June 2021 19:06 (two years ago) link
BB is kind of a weird one (maybe it's the ticker), but the rest were way shorted. BBBY ran last time to almost $60 that one friday in Jan. It's all the same tickers again.
― Yerac, Wednesday, 2 June 2021 19:34 (two years ago) link
what a time 2 b alive pic.twitter.com/UxIa5lIv7Q— Liz Franczak (@liz_franczak) June 2, 2021
― 𝔠𝔞𝔢𝔨 (caek), Wednesday, 2 June 2021 20:28 (two years ago) link
Just the voice of uneducated, frustrated disgust: if the stock market managed a baseball team, they'd pinch-hit for Mike Trout in the 4th inning because he grounded out in the 2nd.
― clemenza, Tuesday, 13 September 2022 21:54 (one year ago) link
("Uneducated" as in illiterate about monetary matters.)
― clemenza, Tuesday, 13 September 2022 22:02 (one year ago) link
Oof, those meme stocks a few posts up, then vs. now. ^^
― The self-titled drags (Eazy), Wednesday, 14 September 2022 00:38 (one year ago) link
Everything I hate about the stock market summed up in a single headline on CNN today: "Stocks tumble after better-than-expected jobs report."
I understand the dynamic: more jobs = inflation = stocks tumble. It's still intuitively bizarre.
― clemenza, Friday, 2 December 2022 16:07 (one year ago) link
https://www.reddit.com/r/personalfinance/comments/zfj761/recently_discovered_the_majority_of_my_parents/
― 𝔠𝔞𝔢𝔨 (caek), Saturday, 17 December 2022 22:44 (one year ago) link