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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 05-09-2019, 10:45 AM   #2836
Buehler445 Buehler445 is offline
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Originally Posted by RunKC View Post
I hope Trump figures a deal out with China tomorrow. What a damn brutal day
No shit. And I just watch the grain markets.
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Old 05-09-2019, 12:12 PM   #2837
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Amnorix View Post
I don't see the logic here. Let's say your stock in the company is worth -- whatever - $1,000 today. It is utterly irrelevant how much you spent to GET that stock. That is where you are today.

Your choices are:

1. sell, lock in the loss (which can be used to offset taxable gains elsewhere), invest in something else, or

2. hold, waiting for...something. The stock to recover so you take no loss I guess. Or less of one.

Would you be better off a year from now, or ten, if you sold today, took the loss, had the tax write off, and invested in teh S&P 500 or whatever, or continued to hold this dog of a stock? The answer is likely clear. If your stock is down, whatever, 50%, then you don't need it to go up 50%, you need it to go up 100% to get back to even. What are the chances of that? Yeah, likely not good. If the odds were good it was going to go up 100%, then it's a strong buy for EVERYONE, not just a hold for you. But are people buying? Apparently not.


This is nothing more than the Disposition Effect in action.

https://en.wikipedia.org/wiki/Disposition_effect
I thought this too with KBLB. Lost out on $170K. I should have held. What is it Warren Buffett says. The stock market is a means to take money from the impatient and give to the patient. Err somethin like that.
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Old 05-09-2019, 06:18 PM   #2838
displacedinMN displacedinMN is offline
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No shit. And I just watch the grain markets.
No kidding. Cash rent will be lower again next year.

Less for kid in college
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Old 05-10-2019, 07:07 AM   #2839
Hog's Gone Fishin Hog's Gone Fishin is offline
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Anybody buying UBER this morning. IPO opening at $45
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Old 05-10-2019, 07:17 AM   #2840
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Anybody buying UBER this morning. IPO opening at $45
I'm getting in.
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Old 05-10-2019, 07:21 AM   #2841
Buehler445 Buehler445 is offline
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Ummmm....

https://www.forbes.com/sites/lensher.../#53e7d6d310ec
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Old 05-10-2019, 08:08 AM   #2842
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Buehler445 View Post
Yeah, they haven't made any money at all but they are the biggest in the business. Netflix,facebook etc.....

I throwing 2K at it for shits and giggles. Not going to look at it for 2 years.
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Old 05-10-2019, 08:11 AM   #2843
Buehler445 Buehler445 is offline
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Originally Posted by Hog's Gone Fishin View Post
Yeah, they haven't made any money at all but they are the biggest in the business. Netflix,facebook etc.....

I throwing 2K at it for shits and giggles. Not going to look at it for 2 years.
Right on. Might be a hell of a good deal. But it all has to reconcile back to cash at some point. It would spook me.

But hey!

My farm is making more money than that. Wanna buy some stock
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Old 05-10-2019, 08:37 AM   #2844
ghak99 ghak99 is offline
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I don't want to ruin my last move, but will reluctantly put a little in and hope for a quick emotional move. Can't let Hog have all the fun!
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Old 05-10-2019, 08:40 AM   #2845
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There will probably be some initial excitement, but it's going to tank just like Lyft.
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Old 05-10-2019, 08:43 AM   #2846
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Right on. Might be a hell of a good deal. But it all has to reconcile back to cash at some point. It would spook me.

But hey!

My farm is making more money than that. Wanna buy some stock
Stocks smocks, I'll hook them up with half a farm and they can roll in the dirt, shoot deer, and pee on their very own trees any time they want! I really just want to control who my neighbor is and can't afford to buy the whole place. Raiders fans need not apply!
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Old 05-10-2019, 08:56 AM   #2847
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Buehler445 View Post
Right on. Might be a hell of a good deal. But it all has to reconcile back to cash at some point. It would spook me.

But hey!

My farm is making more money than that. Wanna buy some stock
Love You Brother but

HELL NO!


Done with the ag business.
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Old 05-10-2019, 08:58 AM   #2848
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Munson View Post
There will probably be some initial excitement, but it's going to tank just like Lyft.
Near term you're probably right. I think long term it's got a real shot at pulling off a FB or AMZN type run.
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Old 05-10-2019, 10:18 AM   #2849
Buehler445 Buehler445 is offline
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Love You Brother but

HELL NO!


Done with the ag business.
I MAKE MORE MONEY THAN UBER GODDAMN IT
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Old 05-10-2019, 10:42 AM   #2850
Hammock Parties Hammock Parties is offline
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