Money Investing megathread extravaganza - Page 310

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Buehler445** · 04-30-2020, 10:31 AM

Quote:

Originally Posted by ghak99

That's about what it feels like.

The southern feeders kicking the hornet's nest right before the Kung Flu blew up was just terrible timing. They're showing no mercy. When they say "No Bids", it's 100% a "go **** yourself and eat your steers, we aren't buying them". I've never seen it this cut throat. I caught a tip from a buyer a while back and sent a load of old cows to a sale everyone was expecting a bloodbath at and they sold in the high 70s. Twice what I expected and then I noticed several cull bulls sold for MORE than the current fat quotes. Those mother****ers were a "no bid" in the country while quietly scavenging for the hamburger we all knew they needed at po dunk sale barns.

If I get out of this turn, I'm afraid my banker has lost his edge and isn't going to let me back in at the same level. I can only cash roll about 1/3 of normal and that isn't enough for me to pencil in better margins on the crop side like I have by walking most of the profit off the place instead of hauling. If the bankers don't let the young guys back in I'm afraid there's going to be a fundamental shift just like there was on the hog side in ~98, which could even cause a change on the local crop/feed supply side as well.

I don't want to push this to DC, but a group has apparently finally got to Trump's ear. I have little faith anything out of DC will actually be a good thing, but I guess we'll see. The worst they can do is **** up an already broken toy.

Good news is your buyer buddy did you a solid.

I don’t know what’s going to happen if cow calf guys have to miss a turn. It would really **** up the supply hard for a long time. Back in 12 when the hay shortage in the south dudes sold some stock it took 5 years to recover. If wide swaths of dudes sell out, yikes.

The interesting thing about cow calf is that it doesn’t scale well. Feeder operations scale easy. Hell grain scales way better than cow calf. Thing about cow calf is you have to run them over the same number of acres no matter what. You can’t concentrate them anywhere.

Nonetheless here’s to hoping you’re the guy that survives the cavalry charge and some dude writes a book about your diary in 100 years.

I’ll dig my trench a little deeper.

scho63 · 04-30-2020, 10:42 AM

Quote:

Originally Posted by Hammock Parties

IBIO is absolutely going to skyrocket.

Quote:

Originally Posted by lewdog

It sure is crushing it today!

Quote:

Originally Posted by Hammock Parties

You just need to wait for news, grasshopper. Patience.

Clay, you are the "Cooler" for stocks.

Better than Bill Macy ever could be for gambling.

wutamess · 04-30-2020, 01:59 PM

Bought 10 AMZN earlier today. Wish me luck in 2 minutes.

BigBeauford · 04-30-2020, 02:22 PM

Quote:

Originally Posted by wutamess

Bought 10 AMZN earlier today. Wish me luck in 2 minutes.

Oh no, they missed EPS. God speed to ya!

RunKC · 04-30-2020, 02:36 PM

Apple, Microsoft and Paycom all topped earnings estimates. I did not see that coming.

wutamess · 04-30-2020, 03:15 PM

Quote:

Originally Posted by BigBeauford

Oh no, they missed EPS. God speed to ya!

Story of my life. I'll hold. They're good for it eventually.

**Rain Man** · 04-30-2020, 03:19 PM

Quote:

Originally Posted by wutamess

Story of my life. I'll hold. They're good for it eventually.

Didn't you pull a bunch of money out of stocks as this whole thing hit? That ended up being a good move.

wutamess · 04-30-2020, 03:35 PM

Quote:

Originally Posted by Rain Man

Didn't you pull a bunch of money out of stocks as this whole thing hit? That ended up being a good move.

Yes and no. I managed to lose just 5-8% as of now. Gradually going back in. Problem is, I'm thinking we're due for a pullback soon.

My other problem is this election cycle means Trump will keep the market inflated til November I'm thinking.

**Buehler445** · 04-30-2020, 09:39 PM

Quote:

Originally Posted by wutamess

Yes and no. I managed to lose just 5-8% as of now. Gradually going back in. Problem is, I'm thinking we're due for a pullback soon.

My other problem is this election cycle means Trump will keep the market inflated til November I'm thinking.

At risk of DCing this thing up, you realize presidents can't will the stock market to do shit right? If they could it would literally never go down.

wutamess · 04-30-2020, 09:41 PM

Quote:

Originally Posted by Buehler445

At risk of DCing this thing up, you realize presidents can't will the stock market to do shit right? If they could it would literally never go down.

Just my personal belief. If he does he does, if he doesn't he doesn't. I just think he's going to do everything possible and big business will too.

I feel his re-election is riding on it. Good or bad.

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**Buehler445** · 04-30-2020, 09:45 PM

Quote:

Originally Posted by wutamess

Just my personal belief. If he does he does, if he doesn't he doesn't. I just think he's going to do everything possible and big business will too.

I feel his re-election is riding on it. Good or bad.

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Do you man, but if you honestly think that a politician can control the market, then I don't know what to tell you.

EDIT: That's not to say that he doesn't want it to go up, he almost certainly does. And I won't comment on whether his campaign is dependent on it. But actually effecting control over it is another matter.

**lewdog** · 04-30-2020, 10:25 PM

Lots of resistance at these levels again. False rally seems likely.

Moving heavy to cash tomorrow.

scho63 · 05-01-2020, 04:50 AM

Quote:

Originally Posted by wutamess

Story of my life. I'll hold. They're good for it eventually.

Don't panic-our sales are through the roof. Costs got out of hand because of COVID

I'm going to add to my 401K AMZN stock

wutamess · 05-01-2020, 06:54 AM

Quote:

Originally Posted by scho63

Don't panic-our sales are through the roof. Costs got out of hand because of COVID

I'm going to add to my 401K AMZN stock

I'm not. I believe in it and it's the reason I bought it. It's a just matter of time as I think it's trying to get to $3k/ share eventually.

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Discuss Thrower · 05-01-2020, 08:48 AM

Quote:

Originally Posted by wutamess

I'm not. I believe in it and it's the reason I bought it. It's a just matter of time as I think it's trying to get to $3k/ share eventually.

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yeah.. about that

Lawmakers on House Judiciary Committee call on Jeff Bezos to testify about Amazon's private-label practices, citing a Wall Street Journal investigation https://t.co/QxWTktzing
— The Wall Street Journal (@WSJ) May 1, 2020

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1663101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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04-30-2020, 01:59 PM	#4638
wutamess MVP Join Date: Aug 2000 Location: Lee's Summit Casino cash: $4711637	Bought 10 AMZN earlier today. Wish me luck in 2 minutes.
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04-30-2020, 02:36 PM	#4640
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $-1420389	Apple, Microsoft and Paycom all topped earnings estimates. I did not see that coming. __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley
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04-30-2020, 10:25 PM	#4647
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1368100	Lots of resistance at these levels again. False rally seems likely. Moving heavy to cash tomorrow.
Posts: 46,301