Hang 10... or as they now say...hit the lip!

2nd Light Forums
Decrease font size
Increase font size
Topic Title: How about a Stock Market Forum
Topic Summary:
Created On: 08/14/2019 04:13 PM
Linear : Threading : Single : Branch
Topic Tools Topic Tools
View topic in raw text format. Print this topic.
 08/14/2019 04:13 PM
User is offline View Users Profile Print this message


doppler

Posts: 1638
Joined Forum: 08/23/2006


Any thoughts?

 08/14/2019 04:34 PM
User is offline View Users Profile Print this message


dingpatch

Posts: 13676
Joined Forum: 07/24/2003

Please, no!

The stock market is a big version of Three-card Monte.
 08/14/2019 08:22 PM
User is offline View Users Profile Print this message


Cole

Posts: 40771
Joined Forum: 07/22/2003

I have a retirement plan I need to move, but I'll be damned if it's going anywhere right now, so yes, I agree, an honest Market forum would be helpful.
 08/15/2019 04:49 AM
User is offline View Users Profile Print this message


dingpatch

Posts: 13676
Joined Forum: 07/24/2003

Good point, Cole.
 08/15/2019 04:57 AM
User is offline View Users Profile Print this message


tom

Posts: 6458
Joined Forum: 07/25/2003

This one seems popular: WSJ

-------------------------
add a signature since I'm here in profile anyway
 08/15/2019 11:08 AM
User is offline View Users Profile Print this message


The Political Thinker

Posts: 2005
Joined Forum: 06/14/2004

Hmmmm with the market as is now? lol

My last short was Beyond Meat

-------------------------
scientia potentia est

 08/15/2019 11:21 AM
User is offline View Users Profile Print this message


worksuxgetsponsered

Posts: 8074
Joined Forum: 01/19/2005

Canopy Growth Corp. reported a C$1.28 billion quarterly loss late Wednesday and missed analyst estimates for revenue, sending shares down 10% in after-hours trading.

The world's largest cannabis company by market value, Canopy Growth CGC, -15.23% WEED, -14.68% reported fiscal first-quarter net losses of C$1.28 billion, or C$3.70 a share, compared with losses of C$91 million, or 40 cents a share, in the year-ago period. The more than $1 billion loss was due to the company extinguishing warrants related to the Constellation Brands Inc. STZ, -0.24% investment.


marketwatch

This one hurt.....
But my other one looks to positioning itself to take advantage....

And to add a another twist to the company's story, Aurora has just concluded an agreement with a lenders' syndicate led by Bank of Montreal to increase its available credit by C$160 million. The new credit facility, a combination of short-term loans and revolving credit, will increase Aurora's credit access to C$360 million and is set to mature in two years. CFO Glen Ibbott said that the credit increase recognizes Aurora's position as the industry leader in production, and adds, "Access to this non-dilutive capital is a core funding source the Company intends to utilize as it further executes on its strategic growth initiatives.


yahoo finance

-------------------------
I challenge you to all out fucking life...
-SK

Edited: 08/15/2019 at 11:24 AM by worksuxgetsponsered
 08/16/2019 07:46 AM
User is offline View Users Profile Print this message


Cole

Posts: 40771
Joined Forum: 07/22/2003

Can someone please explain why companies that are losing money year over year are some of the best performers in the market?
 08/16/2019 08:14 AM
User is offline View Users Profile Print this message


dingpatch

Posts: 13676
Joined Forum: 07/24/2003

Cole,

Please review the premises of Three-Card Monte

Three-card Monte - also known as Find the Lady and Three-card Trick - is a confidence game in which the victim, or "mark", is tricked into betting a sum of money, on the assumption that they can find the "money card" among three face-down playing cards. It is very similar to the shell game except that cards are used instead of shells.[1]

In its full form, Three-card Monte is an example of a classic "short con"[2] in which a shill pretends to conspire with the mark to cheat the dealer, while in fact conspiring with the dealer to cheat the mark. The mark has no chance whatsoever of winning, at any point in the game. In fact, anyone who is observed winning anything in the game can be presumed to be a shill.

This confidence trick was already in use by the turn of the 15th century.[
 08/16/2019 01:17 PM
User is offline View Users Profile Print this message


Cole

Posts: 40771
Joined Forum: 07/22/2003

Originally posted by: dingpatch

Cole,



Please review the premises of Three-Card Monte



Three-card Monte - also known as Find the Lady and Three-card Trick - is a confidence game in which the victim, or "mark", is tricked into betting a sum of money, on the assumption that they can find the "money card" among three face-down playing cards. It is very similar to the shell game except that cards are used instead of shells.[1]



In its full form, Three-card Monte is an example of a classic "short con"[2] in which a shill pretends to conspire with the mark to cheat the dealer, while in fact conspiring with the dealer to cheat the mark. The mark has no chance whatsoever of winning, at any point in the game. In fact, anyone who is observed winning anything in the game can be presumed to be a shill.



This confidence trick was already in use by the turn of the 15th century.[


I'm beginning to agree.

Beyond meat, + 788% since it's IPO.

Beyond meat, second-quarter net loss, $9.4 million.

So stock is their only real value? That's a serious question and not a rhetorical one.

 08/17/2019 07:42 AM
User is offline View Users Profile Print this message


chopola

Posts: 1159
Joined Forum: 09/04/2004

Originally posted by: Cole

Can someone please explain why companies that are losing money year over year are some of the best performers in the market?


Growth, betting on future earnings.
 08/17/2019 07:45 AM
User is offline View Users Profile Print this message


chopola

Posts: 1159
Joined Forum: 09/04/2004

Originally posted by: Cole





Beyond meat, + 788% since it's IPO.



Beyond meat, second-quarter net loss, $9.4 million.



So stock is their only real value? That's a serious question and not a rhetorical one.







You can always sell it short
 08/17/2019 01:45 PM
User is offline View Users Profile Print this message


Cole

Posts: 40771
Joined Forum: 07/22/2003

The company will sell for a billion even though it's technically worthless when it comes to real world profits. Yep, that's taking a bet alright.
 08/18/2019 10:16 AM
User is offline View Users Profile Print this message


all3

Posts: 2087
Joined Forum: 12/28/2011

The stock market is quite simple really, buy low, sell high.

-------------------------
"I remember South Africa in the late 70's, sleeping on the beach at J-bay, smoking ganja with the blacks. On weekends we'd go to the pub in East London to drink beer and fight with the Afrikaners. They liked to fight, I liked to fight. It was a good time"
 08/22/2019 07:19 AM
User is offline View Users Profile Print this message


Quadro

Posts: 71
Joined Forum: 11/14/2017

Get a subscription to Investors Business Daily. Great info and concise. Also a broad based US growth fund or ETF over a 5-10 is a pretty safe bet. Individual stocks are where you can get in trouble.
Statistics
145948 users are registered to the 2nd Light Forums forum.
There are currently 0 users logged in to the forum.

FuseTalk Basic Edition - © 1999-2019 FuseTalk Inc. All rights reserved.

Hey Matt B ... How the hell o are you ??? :)