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The Gonzo Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Rain Man 07:39 PM 05-09-2021
Originally Posted by KCUnited:
Took Lew's recommendation and picked up a copy of Think & Trade Like a Champion. Got about 50 pages read in between naps on a plane. Brought it down to the beach the next day to spend some time unplugging and expanding my investment knowledge and someone stole that mother****er while I was taking a swim in the ocean...along with my sunscreen.

Pretty much exemplifies my investment run since March.
Did you see any large hedge funds on the beach?

And who steals an investment book? Thieves usually aren't into investing. It reminds me of being in high school and we were supposed to write our names in our textbooks on the first day of class. My calculus teacher shrugged and said, "Write it if you want to, but nobody steals calculus books."
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lewdog 07:51 PM 05-09-2021
Originally Posted by KCUnited:
Took Lew's recommendation and picked up a copy of Think & Trade Like a Champion. Got about 50 pages read in between naps on a plane. Brought it down to the beach the next day to spend some time unplugging and expanding my investment knowledge and someone stole that motherfucker while I was taking a swim in the ocean...along with my sunscreen.

Pretty much exemplifies my investment run since March.
Damn that’s crazy.

Bet the person who took it only invests in meme stocks anyway.
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modintraining 08:06 PM 05-09-2021
I hope he didn't get sun burnt
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Hog's Gone Fishin 10:25 PM 05-09-2021

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lewdog 09:00 AM 05-10-2021
Doing their best effort to squeeze out the retail investors here. All part of the game.
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jjchieffan 09:13 AM 05-10-2021
Originally Posted by lewdog:
Doing their best effort to squeeze out the retail investors here. All part of the game.
Yep. Smart investors will hold and be rewarded. Those who sell now will either standing on the sidelines or chasing later. It just amazes me that people fall into this trap and sell so cheap.
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Mr. Wizard 10:56 AM 05-10-2021
Is CYGT going to the moon?
https://www.otcmarkets.com/stock/CYGT/overview
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lewdog 04:11 PM 05-10-2021
Investing in stocks with a side a rape, currently.
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MTG#10 06:17 PM 05-10-2021
UWMC earnings today reported best first quarter in their 35 year history. So naturally stock drops 3.5% and another 1.5 after hours.
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Halfcan 06:20 PM 05-10-2021
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.
Yep, this dog has not done shit but go down since I bought it.

Never take stock advice from a message board. :-)
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MTG#10 06:25 PM 05-10-2021
Fundamentally it's nearly the perfect company to buy into. They practically print money, it just doesn't make sense. This is why meme stocks are a thing, if buying into great companies makes you lose money might as well buy into failing ones with strong
millennial/Gen Z support.
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MTG#10 06:28 PM 05-10-2021
I won't sell a share, and I add during dips regularly. It has to moon at some point, if not the entire market is a complete sham.
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lewdog 08:02 PM 05-10-2021
Originally Posted by Halfcan:
Yep, this dog has not done shit but go down since I bought it.

Never take stock advice from a message board. :-)
Shit, I thought I was the only one reading MTG’s posts in here.
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Halfcan 08:16 PM 05-10-2021
Originally Posted by MTG#10:
Fundamentally it's nearly the perfect company to buy into. They practically print money, it just doesn't make sense. This is why meme stocks are a thing, if buying into great companies makes you lose money might as well buy into failing ones with strong
millennial/Gen Z support.
:-)

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. :-)
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GloryDayz 08:18 PM 05-10-2021
Today was straight-on nuts.
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