See likes

See likes given/taken


Your posts liked by others

Pages: [1]
Post info No. of Likes
Re: Misc Credit Card Questions Is anyone familiar with the BoA travel rewards product? What types of redemptions do they have, and do they transfer directly to airlines etc.?


January 11, 2021, 11:16:44 PM
1
Re: Misc Credit Card Questions
Did you ever get info on this?
Seems like you can get reimbursed for travel @1cent per mile. Or visit their rewards portal where miles can be used directly to book travel or hotels.

January 14, 2021, 05:15:28 PM
1
Re: Stocks
I like how we pretend this hasn't been going on forever.
Of course this has been going on forever.

The whole stock market is a big pyramid scheme based on supply and demand. There is no sense in valuing a company at a 20x multiple other than the fact that others are willing to buy it at that level. So why is it wrong to push the stock up to a 1000x multiple?

January 28, 2021, 08:35:14 AM
1
Re: Stocks
Theres a huge difference here, implied value is still value (imagine buying AMZN in 1995) but to some extent markets can be sheep following each other in which case the last sheep gets eaten. But the free market decides 😂😂😂

There are very few companies that really disrupt total industries like AMZN, and therefore justify high multiples. For the other 99% of stocks, it's hard to make a case even for an average p/e ratio (whatever that is today for the S&P). As long as demand outpaces supply the price will rise, and I think small retail investors banding together to create high demand is justified.

That said, these day traders are not experienced enough, and will likely be left holding the bag once the greedy ones pull out.

January 28, 2021, 03:07:09 PM
1
Re: Stocks
I purchased 1 gme and 1 tsla yesterday on Robinhood, I got an email this morning that my order was cancelled.
What did I do wrong?
Lucky you didn't get the GME....

February 06, 2021, 09:40:00 PM
1
Re: Lakewood NJ Master Thread A. Minkoff
732 921-8177

February 28, 2021, 04:53:37 PM
1
Re: Stocks
Crazy trading day today

anyone get any good buys?

Picked up some PTON at 98

Always worried about trying to catch the falling axe, though.
Cathie Wood was reportedly buying tons of TSLA on Tuesday when it was dropping to the low 700's. Talk about a falling axe...

March 05, 2021, 05:25:56 PM
1
Re: Stocks
Same here.  I'm regretting not pulling the trigger on TLSA yesterday....
If you believe in a stock and its future prospects, don't live in the 'could've should've' mentality. Many of the high flying, so called 'new innovation' stocks, are still 20-30% below their ATH (TSLA and NIO included). A quick search of Cathie Wood's top 10 holdings in ARKK fund shows TSLA, ROKU, ZM all of which are way below their recent ATH. Same goes for PTON.

Point being that todays prices are still attractive if you are in long term and have a 'buy the dip' mentality. Short term though, is anyone's guess. Trying to time the market is a foolish proposition.

March 09, 2021, 03:10:50 PM
3
Re: Stocks
Was highly predictable. Just shortly after I sold a significant portion of my position (for a very decent gain, but still missed out on today's move).

Almost like clockwork, breakouts happen after I sell.
Can you share with us what else you have sold recently? ;D

March 10, 2021, 03:23:53 PM
3
Re: Stocks
Market will be high next week due to new stimulus money injection?  :D
3 step Corona era business model:

1. Take government handout
2. Invest in WSB/Reddit highflyers
3. Collect profits

Repeat steps 1-3 every few months.

Sigh. I'm starting to wonder why I get up every morning and schlep to work....

March 14, 2021, 03:38:04 PM
1
Re: Stocks
GME earnings call after hours today. Its a theory that many short sellers are cashing out otger positions to avoid being margin called if the stock pops again
GME misses on top and bottom line. Stock is up 8% AH. What else is new....

March 23, 2021, 04:31:59 PM
1
Re: Stocks With Biden set to announce a major infrastructure bill next week, what sectors would benefit the most and which specific companies would be good investments at this time?
March 25, 2021, 02:52:37 PM
1
Re: Stocks
My suggestion is to look at a sector ETF for infrastructure (e.g. vanguard's) and take note of the top holdings
Good idea.

I like the steel stocks. Us steel and nucor both up around 10% so far today and have some positive momentum on price movement

March 26, 2021, 12:29:06 PM
1
Re: Stocks Us steel has been on a tear since the market turnaround last Thursday. I picked some up @19.67 on its way up, and is now more than 25% higher. My main reason for investing in it is the upcoming announcement tomorrow about a major infrastructure bill, which would favor the materials sector. Anything other considerations here on steel in general and on X in particular?

P.S. I have a 20% trailing stop to prevent another VIAC fiasco....

March 30, 2021, 08:28:50 PM
1