Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[scho63]

A CEO that I worked for 3 different times since 1996 is 1st cousin to the co-founder.

I know the company very well. I spent time at the HQ years ago to discuss an alliance.

[Buehler445]

Originally Posted by Hog's Gone Fishin

When AMC crosses $70 I want to put a stop loss, but don't want it taken out due to regular volatility. Any suggestions where to set it? I'm thinking a trailing SL at $20. That would lock in $50 but I just want to do it on 1/2 my shares just in case. My main account has an average price of 11.50

If you want to take regular volatility out the only real place to put it is -5.

[Buehler445]

So I’ve been busy as **** and not paying attention to anything. I was at a board meeting and they said they heard Powell was calling for interest rate hikes the next 3 quarters. Is that right? And how did it not wreck the stock market?

[ChiefRocka]

Originally Posted by Buehler445

So I’ve been busy as **** and not paying attention to anything. I was at a board meeting and they said they heard Powell was calling for interest rate hikes the next 3 quarters. Is that right? And how did it not wreck the stock market?

Talk is cheap

[MTG#10]

Originally Posted by scho63

A CEO that I worked for 3 different times since 1996 is 1st cousin to the co-founder.

I know the company very well. I spent time at the HQ years ago to discuss an alliance.

Then why was your question about their stock price tied to them being a phone maker that nobody buys anymore? If you really knew as much about them as you claim you'd know their business model isn't just cell phones.

[MTG#10]

Originally Posted by Buehler445

So I’ve been busy as **** and not paying attention to anything. I was at a board meeting and they said they heard Powell was calling for interest rate hikes the next 3 quarters. Is that right? And how did it not wreck the stock market?

No, he didn't say that. He said the hikes could come as soon as 2023.

[ChiliConCarnage]

Originally Posted by Buehler445

So I’ve been busy as **** and not paying attention to anything. I was at a board meeting and they said they heard Powell was calling for interest rate hikes the next 3 quarters. Is that right? And how did it not wreck the stock market?

I didn't hear his speech. The dot plot all the governor's had two hikes in 2023. Regionals a few were as high as 1.5% by 2023.

They're still buying 80 billion in treasuries a month so they'd likely wind down the QE before upping rates. Theyve not set any timeline for beginning to wind that down yet though.

They raised IOER .05%. I think that was the "big" news.

[scho63]

Originally Posted by MTG#10

Then why was your question about their stock price tied to them being a phone maker that nobody buys anymore? If you really knew as much about them as you claim you'd know their business model isn't just cell phones.

I know their business has more depth than that but they aren't getting a lot of traction outside of Canada.

Why do you think their stock has been a dog for so long and so heavily shorted?

Short sellers are the most diligent investors and usually, not always, right about a business.

They risk the most of any investor.

[scho63]

Originally Posted by ChiliConCarnage

I didn't hear his speech. The dot plot all the governor's had two hikes in 2023. Regionals a few were as high as 1.5% by 2023.

They're still buying 80 billion in treasuries a month so they'd likely wind down the QE before upping rates. Theyve not set any timeline for beginning to wind that down yet though.

They raised IOER .05%. I think that was the "big" news.

The Fed claiming they dont see any rate hikes for 18 months with all this inflation is an incredibly dumb statement.

They run the risk of once again falling behind to slow down an overheated economy with way too much inflation.

The housing market is in a MASSIVE bubble.

I looked at upper end Townhomes in a Troon North development called The Edge. Very nice, about 15-20 years old, 2250-3500 sq ft that had resales at $385K-$450K when I arrived in March 2017.

They are now selling at $695K-895K. Just ****ing out of control.

[ThaVirus]

Originally Posted by Rain Man

I've held cruise stocks the whole time. I was in them pretty heavy when it hit, so I lost a ton of money and then held them in the hopes that they wouldn't go bankrupt and would eventually recover. I'm more or less back to breakeven now, so I'm proud of my iron will.

I'm not sure how much more they'll go up, though, because I figure they're still going to be less profitable companies for a while after recovery. But maybe if they reinstate their dividends at some point we'll see a boost.

You’re probably right. Those are a few I wish I had gotten in on at the bottom when COVID hit (pretty much true for everything, I suppose), but it was just so uncertain at that point.

Similarly, how do you feel about airlines? I’d imagine they will become profitable a bit sooner than cruises so maybe a bit more juice in that squeeze.

[MTG#10]

Originally Posted by scho63

I know their business has more depth than that but they aren't getting a lot of traction outside of Canada.

Why do you think their stock has been a dog for so long and so heavily shorted?

Short sellers are the most diligent investors and usually, not always, right about a business.

They risk the most of any investor.

Phones aren't even their main business model, yet all of your questions to me were about their phones. But yeah I believe you, you knew all about the company.

[scho63]

"St. Louis Fed President James Bullard told CNBC he sees an initial interest rate increase happening in 2022 as inflation picks up."

And that's why the market is tanking today.

[ghak99]

Originally Posted by Buehler445

So I’ve been busy as **** and not paying attention to anything. I was at a board meeting and they said they heard Powell was calling for interest rate hikes the next 3 quarters. Is that right? And how did it not wreck the stock market?

I kept hearing the hike would be in 2023, but no one seems to believe they can wait that long.

.... at the exact same time beans were down 102. 1 0 ****ing 2. It was at that point I turned off the tv and phone notifications.

[Buehler445]

Yeah. It’s times like this I’m glad I don’t have beans.

[scho63]

Originally Posted by Buehler445

Yeah. It’s times like this I’m glad I don’t have beans.

What about nuts?