Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[TinyEvel]

Latest indicators say COIN will open around $349. Who hungry?

[MTG#10]

Chris Sain is a fraud

[lewdog]

Originally Posted by MTG#10

Chris Sain is a fraud

Why, what’s up?

[neech]

Originally Posted by lewdog

Why, what’s up?

ZOM and BNGO are what's down, I forgot what other stocks he was pimping.

[KCUnited]

FTR he advised to sell ZOM around the 2.30 mark which is where I sold for a profit.

I think he has some good tips, especially on options, but most definitely don't blindly follow all his plays. I made a nice chunk off PLTR which was one he recommended.

[lewdog]

Originally Posted by neech

ZOM and BNGO are what's down, I forgot what other stocks he was pimping.

Yeah I only get my advice from Hog Farmer.

And come to think of it he recommends lots of Chris’s stuff....is Hog actually Chris?!?!? Shit!!!!!

[scho63]

Anyone worried China might do something stupid with Taiwan and crush the market?

[neech]

Originally Posted by scho63

Anyone worried China might do something stupid with Taiwan and crush the market?

I'm thinking of getting a semi conductor stock but I can't go with TSM because the environment over there is so volatile. Check out the Taiwan news they are constantly at odds with China. If TSM goes down the other semi conductor stocks go up am I right?

[ReynardMuldrake]

Originally Posted by neech

I'm thinking of getting a semi conductor stock but I can't go with TSM because the environment over there is so volatile. Check out the Taiwan news they are constantly at odds with China. If TSM goes down the other semi conductor stocks go up am I right?

I've owned TSM since 2019 and I think it's a great long-term buy. Their revenue growth has been very strong and the chip shortage only helps them. They have a big moat which I love. China is not killing their golden goose, I am comfortable holding for the long term. Yes it's volatile but that's just the chip market right now.

[tatorhog]

I started getting into a junior oil company (recaf) a while back when it was super cheap and they announced they locked up a huge section of ground for exploration. Their first test well just posted really good results and the stock is currently up about $1.50 just today, to around $4.30. They are getting geared up for test well #2, and I'm keeping my fingers crossed. I don't have a lot but I've gained a few thousand bucks just today on that jump alone.

[Rain Man]

Originally Posted by neech

I'm thinking of getting a semi conductor stock but I can't go with TSM because the environment over there is so volatile. Check out the Taiwan news they are constantly at odds with China. If TSM goes down the other semi conductor stocks go up am I right?

I've been big into semiconductor and related stocks for the past few years and they've all been doing well for the most part. TSM has been the big star, but TXN has done very well for me, too. KLAC and STM have been strong. INTC cratered on me for a while, but it's been coming back and is still okay.

[ReynardMuldrake]

NVDA is killing it right now.

[scho63]

Originally Posted by ReynardMuldrake

NVDA is killing it right now.

So many people are getting into mining. They've been able to charge a fortune for their chips.

[rydogg58]

Originally Posted by scho63

So many people are getting into mining. They've been able to charge a fortune for their chips.

I thought it would be fun to try it. I looked around and found Nicehash, a website that pays you to basically use your computer to constantly run and you get paid for mining. I set it up on my daughters laptop and let it run, forgot about it after a few hours until she came and told me that her computer was hot. I touched it and it felt like you could fry an egg on it. That was the end of my mining experiment.

They have a cool comparison chart of what you would be looking at as far as dollars per hour after electricity costs for different processors and mining equipment. The Bitmain Antminer will get you about 20 bucks per day. Sadly, my chromebook doesn't even make the list.

[ReynardMuldrake]

Originally Posted by scho63

So many people are getting into mining. They've been able to charge a fortune for their chips.

Crypto has been a big driver of demand for their cards, but their AI and datacenter chips have a ton of potential too. This semiconductor shortage has given them a big bump as well. They have few true competitors and are going to be around for a long time.