Stocks and Trading Thread - Channeling your inner Mono

[Tamas]

Channeling Emperor Hirohito, I'm beginning to think that I may not have bought those Lloyds shares at the most opportune time 

Holy F. And it was starting to look like it's coming back, too.

[Richard Hakluyt]

Yes, though I mainly get them through funds listed in London.


Edit : In reply to Yi earlier.

[Josquius]

I'm getting vibes the worst may be over and it's time to invest in stuff.

Non Russian gas companies or... Something?

[Tamas]

I'm getting vibes the worst may be over and it's time to invest in stuff.

[Habbaku]

You should stop trying to time the market and just invest.

[Admiral Yi]

I'm getting vibes the worst may be over and it's time to invest in stuff.

Non Russian gas companies or... Something?

Buy tech names that have been beaten up.  Can you buy US ETFs?  Buy Cathie Woods' Ark Innovation fund (ARKK I think).  It has been absolutely hammered.

I think even Amazon is down 30% of its high. Meta/Facebook has been killed but I don't like Facebook.

I'm giving thought to selling puts on Palantir (down c. 75%) but Buffet says don't buy any company if you don't know how they make money.  Anyone know what it is they do?

[DGuller]

From what I'm reading, they're not making any money, so there is nothing to know.  You can go ahead and buy.

[Jacob]

From what I'm reading, they're not making any money, so there is nothing to know.  You can go ahead and buy.

[Josquius]

I'm getting vibes the worst may be over and it's time to invest in stuff.

Non Russian gas companies or... Something?

Buy tech names that have been beaten up.  Can you buy US ETFs?  Buy Cathie Woods' Ark Innovation fund (ARKK I think).  It has been absolutely hammered.

I think even Amazon is down 30% of its high. Meta/Facebook has been killed but I don't like Facebook.

I'm giving thought to selling puts on Palantir (down c. 75%) but Buffet says don't buy any company if you don't know how they make money.  Anyone know what it is they do?

This etf doesn't exist for me.

Think I missed the boat on buying tech names. Amazon looks to be nearly back to where it was a few months ago.

As to palantir... Aren't they American Cambridge analytica?

[Admiral Yi]

Buy Square.

https://www.youtube.com/watch?v=wzEi7VCObJg

Many stock splits.

Amazon 20-1
Google 20-1
Apple 4-1
Tesla 5-1

I own 5 shares of Google, so after the split I'll be able to write a covered call. 

[Admiral Yi]

Elon has disclosed a 9.2% share of Twitter stock.  Stock price jumped 25%.

[HVC]

Elon has disclosed a 9.2% share of Twitter stock.  Stock price jumped 25%.

And this is why the market makes no sense.

[Admiral Yi]

How's that?  A stake that big can signal a takeover bid.  A takeover means a premium on the current price.  Makes perfect sense for the price to rise.

[crazy canuck]

Elon has disclosed a 9.2% share of Twitter stock.  Stock price jumped 25%.

And this is why the market makes no sense.

Your first mistake is assuming the market ever makes sense.  The notion of rational buyers and sellers is an assumption economists need to make to create their models.  They cannot model actual behaviour and particularly irrational decisions. 

[HVC]

How's that?  A stake that big can signal a takeover bid.  A takeover means a premium on the current price.  Makes perfect sense for the price to rise.

I see your point that it would raise prices if a take over to occur, but I have no idea why.

How does that make Twitter more valuable? If tesla owns Twitter what are they going to do, put out some poorly assembled tweets?

Elon is just a weird phenomenon. Like when he made a vague tweet and a companies value went up 3000%