Supernovice
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Posts posted by Supernovice
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2 minutes ago, STILL N OF PIKE said:
XOP went from a low of 30 (29.50)in March to a high of 73 in June . (66 now) Good gains but nothing many stocks haven’t crushed .
In his defense I think it’s been fairly broad. I don’t play at all in the space but I wonder what some of the individual co’s look like? Shale was terrible to the point we started looking at systemic risks from their bankruptcies on regional banks pre COVID. Talk about misplaced concerns. I bet there are some crazy big #’s in there.
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Just now, bch2014 said:
Sure, but it's completely different for one stock to bounce like that vs. a broad index.
Dude I was just joking around. You’re absolutely correct, the oil move has been ridiculous since the lows.
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Just now, STILL N OF PIKE said:
How many went to sell it short This morning at 8$ (it’s up because of confusion from a Elon tweet to use Them as a different social media platform right ?) Closed today at 38$ lol
Doubt you could even borrow it to sell it short. Imagine being on the other side of that trade? lol
i think they have like 2 employees or something ridiculous.
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3 minutes ago, PhineasC said:
This tech monopoly needs to be broken up eventually. We didn't tolerate it when AT&T basically owned every single telephone line and telephone in the entire country. We also wouldn't tolerate it if a single company controlled the pulp supply, the paper mills, the ink supply, printing machine manufacturers, and the printers themselves. We would say that is way too dangerous to free speech in an open society.
Politics aside, when you look at anti- trust issues across tech it’s really that tailrisk that should keep people and their QQQ holdings up at night. And rightfully so.
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7 minutes ago, bch2014 said:
It's funny with all the talk of the energy transition (which is definitely real) and what not, but if you had bought the XOP at its march lows, you would've hit a 8-bagger.
Even something like ARKK isn't close to that.
Or buy SIGL at open this morning and cash 1000% in less than a day. Bonkers
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2 minutes ago, powderfreak said:
For sure... but social media is the new world. They may lose money at times but overall they are stable... unless someone comes up with a markedly better platform, those current ones are here to stay.
Ya I mean maybe...I’m skeptical. You guys see ‘The Social Dilemma’? It was overly simplistic and cartoonish at times but the point the film made was stark.
When you engage in dishonest and predatory business practices karma has a way of coming around the block.
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2 minutes ago, CoastalWx said:
I’ll take 12”+ in December any day. That’s a big deal to me, especially on the coast.
Agreed, not on the coast but much rather have snow around the holidays than January feb. now it’d almost be depressing to have a glacier out there. At least the kids can still run around. I’m certainly in the minority and having accepted this winter as “crappy” may be coloring my perspective.
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10 minutes ago, powderfreak said:
I still don't think that's all that much considering what's going on, they'll rebound a bit too. Those companies are here for the long haul, too big to fail size.
Just when you say a company is too big to fail... with the exception of the companies that actually are too big to fail of course I.e. financials.
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30 minutes ago, STILL N OF PIKE said:
Social media stocks took the brunt today
TWTR down 6.5%
FB down 4%
AAPL Down 2.26Google down 2.26%
Amzn down 2.2%
Last six months: FB, AMZN, NFLX, and MSFT are all just about even money. Wait what!?!?
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honestly same...a buddy has a ton of $$ in it, like in the multiple hundreds of k, he's a true believer and a long time holder...but at what point do you cash out? I've accepted that crypto isn't for me.
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1 minute ago, STILL N OF PIKE said:
33,500 again
me: Next time there's a pullback I'm gunna buy some of these sh*tsoins
also me: The whole asset class pulled back >15% on no news. This stuff is all going to zero.
rinse, repeat.
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2 hours ago, STILL N OF PIKE said:
@ Supernovice
A good Q & A with Muhammad El Arian
https://themarket.ch/english/mohamed-el-erian-this-is-starting-to-get-to-dangerous-levels-ld.3371
I read it, don’t disagree with any of it fundamentally. Really comes down to “historical returns don’t predict future results”. Mike and I have done this dance before. Does the economic paradigm of 2008 and 1999 apply to now? Some of the bears El Arian, Jeremy and many others think it does and have been preaching this since 2012. They are very smart people and have data to back them up. Anyone following them will do fine as long as they remain invested. I think things are different this time (since GFC) and yes it makes my skin crawl to even say that but here we are.
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1 minute ago, STILL N OF PIKE said:
@ Supernovice
A good Q & A with Muhammad El Arian
https://themarket.ch/english/mohamed-el-erian-this-is-starting-to-get-to-dangerous-levels-ld.3371
I’ll give it read- wouldn’t be surprised to see a correction this quarter. Especially when/as the world re-enters COVID lockdowns.
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Talking stools and tolland... seems quite fitting. Ba-da-boom
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3 hours ago, DotRat_Wx said:
What's everyone drinking or toking tonight
LA Chomper
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3 minutes ago, TauntonBlizzard2013 said:
We have a pretty big Honda track snowblower at work with all the bells and whistles. Heated grips... hand control everything. The thing is a tank, I swear it can throw snow like 75-100 feet.
Think they said it was north of 4K when they bought it.
That sounds amazing...maybe if we lived in Quebec City. My son is obsessed with snow removal...has anyone ever seen the Canadian operations on YouTube? Giant snowblowers on tractors etc...it’s impressive.
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47 minutes ago, Dan76 said:
Honda hands down....throws it back where it came from.
I said ariens...but you’re right, although I’ve never had one. They are the Cadillac’s (Tesla’s) of snowblowers. Always wanted a tracked one:
seems so unnecessary yet very very necessary at the same time.
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Just now, STILL N OF PIKE said:
Investors will Usually Recognize the man who wrote this . Jeremy Grantham. Good , sound 5-10 min read .
https://www.gmo.com/americas/research-library/waiting-for-the-last-dance/
My previous boss...was wondering if you were going to post it- ha.
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2 minutes ago, DotRat_Wx said:
How much does a solid snowblower run for? How much is a higher end one go for? What are some brands that are good?
I always look at snow blowers like they are mythical creatures. Don't see many in Southie
Arien’s- swear by it. Will prob leave mine to my kids...they are 3.5 and 1.5 for reference.
I lived in Southie for 5 yrs: west 5th and e.
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Now that the dust has settled who can give me the cliff notes of what happened to the original banter thread? Who drove the bus over the cliff?
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1 hour ago, 40/70 Benchmark said:
Point is its congruent with what had always been believed to be the onset of the very favorable period.
I don’t want you to paint yourself into a corner but you had mentioned leaning unfavorable in feb. so realistically mid-month through end of month as the favorable period? Or have things changed re: feb?
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11 minutes ago, Damage In Tolland said:
It wasn’t any flag . It was wrong just like every model was. Stick to Untappd check ins !
Lol there it is...classic Snowflake in Tolland
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6 minutes ago, Damage In Tolland said:
What changes would you make to this forecast now?
Early morning knife twisting, even tho all Mets had caution flags every which way....and had to edit the original post to do so, because his first attempt wasn’t quitttteeee enough. Or maybe he needs at least two tries to get anything right...Stay classy
2021- the year the troll gets his.
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12 minutes ago, 40/70 Benchmark said:
Yea, I like from you to me...interior e MA if there is such a thing.
Think I’m just too far west?
Winter Banter and General Disco 2
in New England
Posted
Other than personally buying a phosphate mine (someday) count me out of all commodity related businesses as a general rule.