Now that reddit appears to have moved on from GME, will the next move be to collectively short Robinhood once it goes public?
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Now that reddit appears to have moved on from GME, will the next move be to collectively short Robinhood once it goes public?
Quoted from phil-lee:Say I want to buy a Stock, can you still get those fancy Certificates like you see on movies?
In eighth grade I bought five shares of Marvel Comics stock right after they went public (early 90s). Very exciting stuff but the certificates were a disappointment, looks like the same lady from the Bally stock but a little less action-oriented. Marvel’s shareholder reports were pretty awesome though with the comic art.
The stock split a bunch of times and I sold at what must have been close to the peak to buy my first computer - a year or two later Marvel was in bankruptcy. It’s been strictly mutual funds for me since then, but fun to follow along with everyone’s adventures here.
Quoted from extraballingtmc:Oh wtf, ice deactivated his account.
My guess is we've got ourselves a Toby Keith scenario, if he takes up boozing again maybe we can win him back.
toby-keith (resized).jpgQuoted from LITZ:What else are we going to blow this FU money on? Hookers n Blow!?! LOL.
You should've bought a boat.
Quoted from robertmee:But day trading? I'd like to understand how that could be considered anything but zero or negative sum.
Shouldn't it be negative sum due to fees? Like poker at the casino, money paid < money played due to the rake?
Quoted from Baiter:Most trading fees are $0 today... sometimes a tiny fee if you are doing OTC/foreign stocks.
Interesting, I'm strictly a 401k guy so didn't know about this change, but I just read up on it and apparently that's been the deal for the past few years. Though I guess taxes could still make it negative sum, assuming there are some traders who consistently come out ahead and won't have offsetting losses.
Quoted from nwpinball:Those are expensive utilities! My power/light is about $150 a month in the fall and winter, $75 in the spring and summer. Water/sewer/garbage $150 a month. Gas heat/stove is $100 a month in fall and winter, $35 a month in spring and summer. My utilities average out to less than $500 a month in peak times, half that between April-September.
Seattle has a pretty mild climate though. I'd guess kvan pays a tidy sum for A/C in Miami. He also included "maintenance" so maybe he just throws kick-ass parties.
Quoted from WeirPinball:Depends on your investments, you may lose big nothing is guaranteed
Right on. Over the long haul you're unlikely to lose money if you borrow against your house at 1.8% and park the money in an index fund. But the stock market isn't one-way up, and being leveraged to that extent would create stress for many people, which has its own cost (including longer-term health impacts). And of course if you're actively investing your re-mortgage cash in a less diversified way, the risks go up along with the potential rewards.
Quoted from Damen:Deleted post
A virus-free summer of travel and fun? Thanks, we’ll take it!
Quoted from Mad_Dog_Coin_Op:All I need to know is Microsoft wanted them at a higher price. Good enough for me.
But was that just Bill trying to save the marriage?
Quoted from taylor34:The thing that surprises me a lot is how Amazon hasn't moved in like a year.
I just read Amazon was up 75% in 2020 - maybe the market estimated what the pandemic would do for their business pretty well?
Quoted from DBLM:Most of the Amazon move that you are talking about was in the first 3 months of last year. It has been pretty flat since then.
Quoted from rai:Amazon stock is the same price as it was 10 months ago (July 10, 2020). Not the end of the world for me, I want to add some AMZN and not sorry it hasn't gone to the moon.
Right, I was suggesting the market figured out what the pandemic was going to mean for Amazon last spring/summer, so mad profits were expected and already priced in. Presumably you'd need something big and unexpected to see further big swings.
Quoted from TRAMD:The specificity of the vaccine means that it probably provides better immunity for the primary SARS-CoV-2 virus and slight variants but natural immunity created from previous infection will likely protect better against more significant variants.
I haven't heard this theory re: the long-term performance of exposure-immunity vs. vaccine-immunity before. Got a source I should check out? (I'm admittedly off-topic here. But in my defense I'm not looking to stir up shit or start a Covid debate, just legitimately curious about this theory as it's new to me).
Quoted from TRAMD:Sure, it is actually pretty simple to explain but I can try to find other resources if what I say here doesn't tell you what you want to know. The mRNA vaccines specifically create very strong immunity vs. the spike protein part of the virus. They actually tell your cells how to make the spike protein and use your own cells as a spike protein factory. Despite being made by our own cells, the immune system still recognizes it as a foreign antagonist and creates a response to destroy the spike proteins. As long as any variant has the same, or very similar, spike proteins on its surface, the immunity should be excellent. The response and immunity created by our natural immune system is more complex and can attack a wider range of aspects of a virus it is exposed to in it's entirety. So a variant that doesn't have the spike proteins created by the mRNA vaccine would get around someone who is vaccinated but someone who was previously infected might have defense against another part of the virus that remains unchanged in the variant.
Interesting stuff, and thanks for the thorough response! I'll read up on this one.
Quoted from TRAMD:My 15 year-old son is making the brilliant decision of investing in add-ons for online video games instead of stocks.
Funny, my kids seem to be attracted to this investment strategy as well.
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