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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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TinyEvel 11:06 AM 03-04-2021
BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks, i.e. banks, energy travel. I bought UBER back in September and already it's been going up nicely since.

You guys who have CDEV are looking pretty fly.
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MTG#10 11:18 AM 03-04-2021
Originally Posted by TinyEvel:
BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks"
That's the reason I dont stress AMC dips and buy more. Even if it doesn't squeeze (has to eventually, numbers dont lie) as theatre openings start increasing the stock will move up at least enough to make a small profit. Yes, it was slowly dying before COVID but people miss going to the movies now. It will profit substantially at the very least for a year or so.
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scho63 12:26 PM 03-04-2021
The market will keep bleeding red until you all throw in the towel.
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lewdog 01:15 PM 03-04-2021
Nasdaq in official correction territory. Down over 10%.
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Mr_Tomahawk 02:35 PM 03-04-2021
Originally Posted by lewdog:
Nasdaq in official correction territory. Down over 10%.
What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?
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MTG#10 02:46 PM 03-04-2021
Market down, GME up is a trend.
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scho63 03:06 PM 03-04-2021
Originally Posted by lewdog:
Nasdaq in official correction territory. Down over 10%.
A lot of NASDAQ high flyers are down 35-40-50% from their recent highs.

What goes way up too quick, must come down too quick.
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lewdog 03:24 PM 03-04-2021
Originally Posted by Mr_Tomahawk:
What does "official correction territory" mean?

Does this have any relevance to timing your investments in our current environment?
People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.
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TinyEvel 04:15 PM 03-04-2021
Originally Posted by lewdog:
People here were losing their shit on 2-3% drops, which is really nothing and many times is consolidation on sideways movement.

10% drop has significance and the downward trend is official IMO around this marker.
Yeah I'm thinking there will be green days like yesterday but followed by more deeper red. Like one step up, two steps down, for a while.

When there's that much upside in the bull people are taking profits, it's just what happens. Especially with s much uncertainty still around what type of recovery there will be, how long, etc. If millions of people are on limited or no income, it's not like everyone;s gonna be ready to hop on planes and spend money.
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Stewie 05:40 PM 03-04-2021
Boy. Powell didn't do the markets any favors with his words today or for the near future.
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MTG#10 05:49 PM 03-04-2021
Originally Posted by Stewie:
Boy. Powell didn't do the markets any favors with his words today or for the near future.
I'm sure Biden's stimulus blockage didn't help either. If/when we finally get another one the market should perk back up nicely at least for a few days.
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eDave 08:02 PM 03-04-2021
Originally Posted by TambaBerry:
20k dogecoin for long-term holding let's go
Mark Cuban’s Mavericks to Accept Dogecoin for Tickets, Merch
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Buehler445 08:34 PM 03-04-2021
I dumped Deere this afternoon. Lew was right. I should have put a trailing stop in. I wanted to sell Monday but though hell it’s on a run counter to the market. LET IT ROLL. That was the top.

I really want to tie out their EOP deadlines are to their earnings reports. I have a pretty good handle on the ag market. Turf is pretty flat. Construction is typically pretty stable. I know fuckall about forestry, but I think I can capitalize on the flex in the ag sector.
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philfree 09:41 PM 03-04-2021
Just hanging on.
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Strongside 10:13 PM 03-04-2021
Sad times out here. I’m loading up on Rolls Royce with liquid funds right now. Don’t think it’ll go any lower but will likely rebound heavily in the coming months.
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