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09-01-2020, 11:48 AM | #5986 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $901110
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Quote:
He is a blue collar guy who owns a vending machine business with his brother and sister that they started. Shows how saving and investing pays off over 25-30 years.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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09-01-2020, 02:20 PM | #5987 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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09-01-2020, 03:41 PM | #5988 |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $49901
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It wouldn't surprise me if Tesla made a stock offering. Lots of people have made lots of money and none of that goes to Tesla. Not sure if Tesla owns its own stock but adding a few billion to the corporate balance sheet would help. It wasn't that long ago that musk said they nearly ran out of money and thought they might have to shut down.
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Posts: 13,730
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09-01-2020, 05:07 PM | #5989 | |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-213802
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Quote:
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09-02-2020, 04:31 PM | #5990 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $901110
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My Amazon stock is now $3,531. Got the RSU's at $1,782.
Sad I didn't get granted more....
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,682
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09-02-2020, 08:18 PM | #5991 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
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Woof. Things are starting to get crazy.
Lots of "fear of missing out" talk coming from people at work, friends, message boards. Don't let FOMO have you making bad decisions. |
Posts: 46,134
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09-03-2020, 11:04 AM | #5992 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $1448491
VARSITY
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I wonder if we're in line for a big correction. It's completely "me-search" instead of research, but I've recently heard several independent bits of bad news in my personal network, to the point where I've wondered if some sort of tipping point has been reached in terms of companies holding the line on the economy.
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Active fan of the greatest team in NFL history. |
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09-03-2020, 11:06 AM | #5993 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2840478
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Expected pullback.
Tomorrow should be a nice green day.
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Chiefs game films |
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09-03-2020, 11:20 AM | #5994 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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I wish I was loaded with cash right now ,I'd be buying shit up. BUT I don't so it's a good day not to click on your account balance and wait a week.
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Posts: 40,648
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09-03-2020, 03:03 PM | #5995 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $444734
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Quote:
Is this not the .com bubble? I mean we're not having companies with 0 revenue (except Nikola) have huge stock prices, but P:E is way out of line and there is just stupid money floating around. I haven't thought about the .com bubble because it was sooooo stupid we could never do anything like that again, right? But there are a lot of similarities. |
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09-03-2020, 04:04 PM | #5996 | |
Veteran
Join Date: Jan 2004
Location: Lawrence
Casino cash: $1141995
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Quote:
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09-03-2020, 05:11 PM | #5997 |
MVP
Join Date: Oct 2017
Casino cash: $800400
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09-03-2020, 05:42 PM | #5998 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
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09-03-2020, 07:03 PM | #5999 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-61532
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Extended holiday weekends tend to be sell offs. It's sort of silly but it's probably been needed for tech, its been overbought for a bit. The 10y yield being around a 150 p/e is going to drive future FCF valuations a bit bonkers for high growth. A cooldown prior to elections madness makes sense.
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09-03-2020, 10:25 PM | #6000 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1466136
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Litecoin got wrecked
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