|
05-09-2019, 09:33 AM | #2836 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
|
Here we go!!!
__________________
2024 Royals game thread record 3-0 |
Posts: 46,095
|
05-09-2019, 09:34 AM | #2837 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
Ugh.
time to close the laptop! |
Posts: 40,808
|
05-09-2019, 09:34 AM | #2838 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $659611
|
I hope Trump figures a deal out with China tomorrow. What a damn brutal day
__________________
Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley |
Posts: 47,900
|
05-09-2019, 09:41 AM | #2839 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $659611
|
I’m worried that China is going to retaliate tomorrow and **** the market
__________________
Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley |
Posts: 47,900
|
05-09-2019, 09:45 AM | #2840 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
|
Quote:
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 love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
|
Posts: 43,125
|
05-09-2019, 10:33 AM | #2841 | |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
|
Quote:
Guess what order just got filled at $347.94? We'll see if it takes off, or if I got a small discount on a stock on an extended spiral heading into a crash landing...
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
|
Posts: 43,125
|
05-09-2019, 10:45 AM | #2842 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $704734
|
|
Posts: 57,744
|
05-09-2019, 12:12 PM | #2843 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
Quote:
|
|
Posts: 40,808
|
05-09-2019, 06:18 PM | #2844 |
It was not a fair catch
Join Date: Aug 2012
Location: Correcting papers
Casino cash: $1332630
|
No kidding. Cash rent will be lower again next year.
Less for kid in college
__________________
#investigatecarlcheffers |
Posts: 38,013
|
05-10-2019, 07:07 AM | #2845 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
Anybody buying UBER this morning. IPO opening at $45
|
Posts: 40,808
|
05-10-2019, 07:17 AM | #2846 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4741637
|
|
Posts: 8,290
|
05-10-2019, 07:21 AM | #2847 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $704734
|
|
Posts: 57,744
|
05-10-2019, 08:08 AM | #2848 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
Quote:
I throwing 2K at it for shits and giggles. Not going to look at it for 2 years. |
|
Posts: 40,808
|
05-10-2019, 08:11 AM | #2849 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $704734
|
Quote:
But hey! My farm is making more money than that. Wanna buy some stock |
|
Posts: 57,744
|
05-10-2019, 08:37 AM | #2850 |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $312250
|
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!
|
Posts: 8,653
|
|
|