Stocks and Trading Thread - Channeling your inner Mono

[DGuller]

Yeah, that's a good point.  If it's possible to earn excessive profits in a market, then you better not enter that market unless you know how to get those excessive profits.  Otherwise you'll be the one on whose back excessive profits are being made.

[The Minsky Moment]

Yi the entire banking system was on the verge of insolvency in the early half of last decade; the central authorities simply recapitalized the banks.  At one point ICBC had an NPL ratio around 20%.  Now they are the largest bank in the world by market cap.  So yes the state can make success if it really wants to.

One question I would ask w/r/t MIMs top 10 list is: what is the free float? 
And who owns/controls it?

[Admiral Yi]

Yi the entire banking system was on the verge of insolvency in the early half of last decade; the central authorities simply recapitalized the banks.  At one point ICBC had an NPL ratio around 20%.  Now they are the largest bank in the world by market cap.  So yes the state can make success if it really wants to.

I thought we were talking about engineering profitability.

[Barrister]

Yi the entire banking system was on the verge of insolvency in the early half of last decade; the central authorities simply recapitalized the banks.  At one point ICBC had an NPL ratio around 20%.  Now they are the largest bank in the world by market cap.  So yes the state can make success if it really wants to.

One question I would ask w/r/t MIMs top 10 list is: what is the free float? 
And who owns/controls it?

I was curious why you were worried about the insolvency of the Insurance Corporation of British Columbia, given that it's a Crown Corporation...

[The Minsky Moment]

I thought we were talking about engineering profitability.

Well ICBC turned a profit of RMB 275 billion  last year; I'll leave it open as to what extent the state had influence on that result.

But what we are really talking about are stock prices and how they are determined.
The question I asked - half rhetorically - is about the ownership and extent of free float - half rhetorically because I can't figure it out and suspect it may be unknown, half not because maybe some one does.

[Admiral Yi]

Just heard on CNBC that Elon Must said at the Tesla shareholder meeting he expects Tesla to grow by 50% a year.

[DGuller]

Just heard on CNBC that Elon Must said at the Tesla shareholder meeting he expects Tesla to grow by 50% a year.

For how many years?

[Admiral Yi]

Something like "for a while."

[Admiral Yi]

Also, apparently one of the shareholders inquired about the possibility of building a vegan Tesla. 

[Caliga]

Just heard on CNBC that Elon Must said at the Tesla shareholder meeting he expects Tesla to grow by 50% a year.

Well what else is he gonna say?

[Ed Anger]

Then Cramer farted.

[Monoriu]

New HSBC bonds are now available for sale.  Yield is 4.5%.  Minimum investment is very accessible at only US$2k.  The only problem is that the maturity date is 2042

Should I take the plunge? 

[Ed Anger]

The market is giving me the queasies now. The bubble is gonna pop.

[The Brain]

Quiet you.

[Admiral Yi]

New HSBC bonds are now available for sale.  Yield is 4.5%.  Minimum investment is very accessible at only US$2k.  The only problem is that the maturity date is 2042

Should I take the plunge? 

No.  I wouldn't want to be stuck with QE interest rates when the Fed starts to raise rates.