[surfah]

My FA said some aggressive investors are buying on the dip. I'm too scared haha.

"Long as I got rubberband banks in my pockets" T.I.

 

[Gh0st0]

someone today in one of my chats said buy the dip.

bro its been dipping for the last 6 months, at this point you can’t lose

 

[AngelOfMurci]

someone today in one of my chats said buy the dip.

bro its been dipping for the last 6 months, at this point you can’t lose

Cramer has been pounding the buy, buy BUY!!! table for the last couple months . Does he honestly think anyone has any more money if they took his advice????

CNBC must have a great CGI department… as I can’t see the cast on his broken hand

 

[bengholm]

So...what about these cars? do you buy, hold, or sell?
There are just as many reasons to bail as there are to buy now (the right ones). Not even so much to make money but to hedge from not losing your shirt.

 

[2Tired]

So...what about these cars? do you buy, hold, or sell?
There are just as many reasons to bail as there are to buy now (the right ones). Not even so much to make money but to hedge from not losing your shirt.

If I had spares I'd be selling, as long as I still had one in the stable.

 

[AngelOfMurci]

So...what about these cars? do you buy, hold, or sell?
There are just as many reasons to bail as there are to buy now (the right ones). Not even so much to make money but to hedge from not losing your shirt.

If anyone has a Diablo roadster, I would immediately liquidate it. Sell it to me, I’ll take good care of it.

 

[Afk49]

@Gh0st0
If I was 20 years younger, I’d probably doing the same. If I was 30 years younger, I’d be at the bar asking “WHY ME GOD?!! WHY ME?”

My son is in university and has invested his money well. This month however, he lost $40k and has been very depressed. Good learning experience for him I guess

 

[AngelOfMurci]

My son is in university and has invested his money well. This month however, he lost $40k and has been very depressed. Good learning experience for him I guess

The number one trait of a great investor is… being stubborn. Being a pit bull on your convictions. Don’t get flushed out of positions… averaging down is an investor’s best friend. Remember to tell him, “invest in what you know, not what people tell you”. Every year he should keep putting cash into his account. I used to put 10-20% of my paycheck into my brokerage. Like clockwork, irrelevant of the beatings I used to take.

 

[Russk]

I started playing with the TQQQ and it has been so much fun up until 6 consecutive down days. The bounce back today was nice, but far from repairing the damage done since Monday.

 

[Gh0st0]

It’s been great buying, finally hit the red on Thursday only to be bounced into the green today

 

[Bull>Horse]

someone today in one of my chats said buy the dip.

bro its been dipping for the last 6 months, at this point you can’t lose

It's a 7-layer dip

 

[redjim]

You guys have a lot of fun on this page!

I too, have been keeping most of my $$$ under the pillow, but after spending a few days researching GFS (GlobalFoundires) I broke down and bought a bunch at 46. Keeping my fingers crossed,... Only bad thing is Cramer likes it,...

 

[Russk]

You guys have a lot of fun on this page!

I too, have been keeping most of my $$$ under the pillow, but after spending a few days researching GFS (GlobalFoundires) I broke down and bought a bunch at 46. Keeping my fingers crossed,... Only bad thing is Cramer likes it,...

I enjoy Cramer and signed up for his investing club.

 

[AngelOfMurci]

You guys have a lot of fun on this page!

I too, have been keeping most of my $$$ under the pillow, but after spending a few days researching GFS (GlobalFoundires) I broke down and bought a bunch at 46. Keeping my fingers crossed,... Only bad thing is Cramer likes it,...

Word of caution about goflo

they are in an intense capex industry. They acquired AMDs factories. That move allowed AMD to focus on design not factories. Got AMD out of bankruptcy.
GoFlo competes against all the cellphone manufacturers (TSM & Samsung). Brutal business if you don’t have volume contracts.

if you think the semi space will rebound, micron and NVidia are better bets(higher Cigma)

 

[Gh0st0]

Semis is a rough space, TXN isn’t a bad bet either

 

[Russk]

I have been looking to take a position in OXLC which has a 13% dividend. I know it sounds crazy but I think this might have merit. Like everything else it is trading at a huge discount now and still paying that dividend.

 

[redjim]

Word of caution about goflo

they are in an intense capex industry. They acquired AMDs factories. That move allowed AMD to focus on design not factories. Got AMD out of bankruptcy.
GoFlo competes against all the cellphone manufacturers (TSM & Samsung). Brutal business if you don’t have volume contracts.

if you think the semi space will rebound, micron and NVidia are better bets(higher Cigma)

Thank Angel, I truly appreciate! You too, GH0st0!

 

[AngelOfMurci]

I have been looking to take a position in OXLC which has a 13% dividend. I know it sounds crazy but I think this might have merit. Like everything else it is trading at a huge discount now and still paying that dividend.

Juicy dividends… but what a hard sell to investors “The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.”

yikes.
It would be interesting to see a pareto of all of its investments.

 

[2Tired]

I enjoy Cramer and signed up for his investing club.

I like him too, when he says something you know doing the opposite will lead you to making profits or warding off losses. 🤣

 

[AngelOfMurci]

I like him too, when he says something you know doing the opposite will lead you to making profits or warding off losses. 🤣

I’ve also made the majority of my wealth by taking positions that he doesn’t like. I used to invest in beat up companies going through restructuring or near bankruptcy.