Messages

1

General Discussion / Re: Stocks

« on: August 31, 2020, 05:46:48 PM »

On what basis is this stock worth so much? On what basis is the market cap 63bb?

I'll give it to you that people will continue using zoom to a certain extent even after this is all over however most businesses will go back to normal.

To value zoom based on what's going on now doesn't make sense to me.

I may be wrong..

While you make some very valid points, whenever shorting, remember that the market can be irrational for longer than you or I can remain solvent.

How do you compare tsla to zoom? While people believe tsla is overvalued they still have major potential and they ain't going no where tom.

Zoom on the other hand will be forgotten once this is all over. All schools etc will go back to normal life soon and zoom subscriptions will tank.

And your maximum gain -as in every short position- is only 100%, while this stock in this environment can easily pull a Beyond Meat on you, and you’ll be out a few 100%.

You don’t wanna be short ZM when the inevitable happens, and large corps start releasing their work from home press releases..

Almost 3 months have past.. and Zoom went from a 63bb market cap to a 103bb market cap tomorrow at the open (if todays after hours action holds up, it probably will).. you’d be down 70% on that short position you were so tempted to take... congrats!

2

Destination Guides And Trip Planning / Re: Lancaster, PA (And Hershey Park) Master Thread

« on: August 16, 2020, 03:56:03 PM »

Almost not a mask to be seen in cherry crest. Half had masks by the minyan in degel israel.

Times have changed I guess.. I was there last week out of the 100 people at Mincha/Mariv every day I’d say 15 had masks

3

General Discussion / Re: Stocks

« on: August 04, 2020, 08:58:23 PM »

Why are my SQ shares up 10% AH ??

Report leaked a day early. Wow.

4

General Discussion / Re: Stocks

« on: August 04, 2020, 08:51:50 PM »

Why are my SQ shares up 10% AH ??

5

General Discussion / Re: Any mortgage experts on the forums?

« on: July 28, 2020, 09:25:09 AM »

Investment?

Yes

Difference between us is you probably closed on a primary while I closed on a 2 family, investment, cash out which is the trifecta worse case scenario for mortgage rates.

6

On The Road / Re: Which hotels have Two bedroom suites?

« on: July 24, 2020, 07:28:52 PM »

https://www.edenresort.com/ In lancaster PA

Another option and it’s brand new I think less than 2 years old:

Home2 Suites by Hilton Lancaster
1584 Fruitville Pike, Lancaster, PA

https://goo.gl/maps/AzQCrgaWPCZQzi8X6

7

General Discussion / Re: Any mortgage experts on the forums?

« on: July 24, 2020, 03:19:04 PM »

I closed sept 18

Difference between us is you probably closed on a primary while I closed on a 2 family, investment, cash out which is the trifecta worse case scenario for mortgage rates.

8

General Discussion / Re: Any mortgage experts on the forums?

« on: July 24, 2020, 01:17:23 PM »

i'm paying 4.75   

I’m paying 5.625%(closed at peak October 2018!) refinancing now for 3.1%.

9

General Discussion / Re: Stocks

« on: June 03, 2020, 07:01:24 PM »

On what basis is this stock worth so much? On what basis is the market cap 63bb?

I'll give it to you that people will continue using zoom to a certain extent even after this is all over however most businesses will go back to normal.

To value zoom based on what's going on now doesn't make sense to me.

I may be wrong..

While you make some very valid points, whenever shorting, remember that the market can be irrational for longer than you or I can remain solvent.

And your maximum gain -as in every short position- is only 100%, while this stock in this environment can easily pull a Beyond Meat on you, and you’ll be out a few 100%.

You don’t wanna be short ZM when the inevitable happens, and large corps start releasing their work from home press releases..

10

General Discussion / Stocks

« on: June 03, 2020, 04:00:59 PM »

define long, curious

This long.

11

General Discussion / Re: Any mortgage experts on the forums?

« on: June 02, 2020, 07:54:04 PM »

Should someone sign a forebearance agreement or is better to wait and/or just have a verbal agreement

Update: Deferral/forbearance will hurt your mortgage approval odds with certain banks, see attached

12

General Discussion / Re: Spraying license plate to avoid camera tickets NYC

« on: June 02, 2020, 09:56:41 AM »

Is there any use fighting one of these tickets with one of these apps that fight nyc traffic tickets (like winit)? Was pictured speeding 14 over and presumably am wrong but just wondering if I should simply pay it immediately or if there was any way to have it dismissed or have the fine lowered.

WinIt app rejects camera tickets automatically.

13

General Discussion / Re: Stocks

« on: May 28, 2020, 04:00:00 PM »

Good luck! Do you keep it all for the long run or you try to time the market's peak hype too?

Long.

14

General Discussion / Re: Stocks

« on: May 28, 2020, 03:20:55 PM »

Many bought. Question is who bought on May 14 in the morning.

I did!

I usually suck at catching a bottom, but I’ve been good at it lately..

Others I’ve caught at the bottom:
STOR
WFC
AER

Hope it lasts..

15

General Discussion / Re: Stocks

« on: May 12, 2020, 07:25:37 PM »

Apple is on top of their game I'm thinking BlackBerry

Exactly. Think of both..

Winning in the consumer product market is not about being first and fending off those who try to catch up. It’s all about the quality of the product and the ability to create a loyal brand following. Those who have it survive and thrive. those who don’t, die. Tesla has it. BlackBerry did not. Apple still does.