Originally Posted by MTG#10:
UWMC earnings today reported best first quarter in their 35 year history. So naturally stock drops 3.5% and another 1.5 after hours.
Originally Posted by Rain Man:
I'm just going to randomly state that I think some recovery stocks that will see a decent upward trend over the next six months are KO, PEP, RMCF, and AFL. I've had these stocks for a while so I watch them.
You're not going to get insanely rich like you will with AMC and GME, but I bet you'll make money. I'm predicting a 10 to 20 percent increase or so.
I made these recommendations on March 22nd. Let's see how I'm doing.
KO - Up from 51 to 54.91 +7.7 percent
PEP - Up from 137.8 to 146.72 +6.5 percent
RMCF - Down from 6.16 to 6.00 -2.6 percent
AFL - Up from 50.55 to 56.53 +11.8 percent
The Rain Man stock recommendations are up 5.8 percent.
S&P 500 - Up from 3940.59 to 4188.43, or 6.3 percent.
Nasdaq - Up from 147.12 to 163.53, or 11.2 percent.
So the verdict is in. Don't listen to me.
On the other hand, AMC is down 22.1 percent and GME is down 26.4 percent in that period, so I've got that going for me. [Reply]
It feels like this administration is actively trying to tank the market. Every day it is bad news to scare people into selling. Good solid companies getting hammered for no other reason except fear.
Not even sure what happened today- Crypto and the stock market both took a huge dump. :-)
Grains got fisted too.
A piss load of money left the market. I wonder where it went? Currencies? [Reply]
Originally Posted by Rain Man:
I made these recommendations on March 22nd. Let's see how I'm doing.
KO - Up from 51 to 54.91 +7.7 percent
PEP - Up from 137.8 to 146.72 +6.5 percent
RMCF - Down from 6.16 to 6.00 -2.6 percent
AFL - Up from 50.55 to 56.53 +11.8 percent
The Rain Man stock recommendations are up 5.8 percent.
S&P 500 - Up from 3940.59 to 4188.43, or 6.3 percent.
Nasdaq - Up from 147.12 to 163.53, or 11.2 percent.
So the verdict is in. Don't listen to me.
On the other hand, AMC is down 22.1 percent and GME is down 26.4 percent in that period, so I've got that going for me.
I've had KO for a long time now, and it's always been one of my favorites. The dividends are nice and it's always been a steady stock that I add to every quarter. My goal is to own enough that I can gain at least 5 shares per quarter with the dividend reinvestment. I can't stand the taste of Pepsi, so I doubt I'd ever buy the stock. I'll have a Coke every once in a while, so I do my part keeping the share price up.
Side note, I was hungry and started digging through my pantry one day. We had at least a dozen different spices, 3 tins of pepper, and more unopened jars of jelly than I could remember buying. I wondered why we would need all those spices and jelly, so I decided to look up their parent company. Turns out, making jelly and pepper is actually a pretty lucrative business. Mccormick (MKC) and Smuckers (SJM) were both pretty stable and pay nice dividends, so I added them to my portfolio. [Reply]
Originally Posted by Munson:
Looks like its gonna be another shitty day in the red. :-)
We have one more week of this shit. Money managers that made a ton of profit in 2020 are coming up with cash to send to the IRS. They come up with that cash by liquidating stocks.
TSLA appears to be a main source of their liquidation too. Now at 587 pre market. Over 700 a week ago [Reply]
Originally Posted by Hog's Gone Fishin:
We have one more week of this shit. Money managers that made a ton of profit in 2020 are coming up with cash to send to the IRS. They come up with that cash by liquidating stocks.
TSLA appears to be a main source of their liquidation too. Now at 587 pre market. Over 700 a week ago
