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Stock Market under President Biden
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(01-28-2021, 07:16 PM)jagibelieve Wrote:(01-28-2021, 06:31 PM)HURRICANE!!! Wrote: Exactly. This was extremely well calculated by finance/math gurus that are much smarter than any of us. Responses to jagibelieve 1) The guys on Reddit aren't giving advice, they are colluding together to squeeze out the short sellers. 2) The crime that was committed was by Robinhood taking away users accessibility to buy GME and 12 other securities. They were protecting the short sellers that make up a significant portion of their trading portfolio. It's like not allowing Johnny to drive up the market price because they are trying to protect Alan from losing money. You are obviously old school with your market opinions. The times have changed and the market has been hot since April (after the crash). Everyone has their strategies, which is fine, but you kind of have a grandpa's type vision of undermining the intellectual levels of our youth. These kids are 10x smarter than we ever were at their age (and perhaps now) because we never had the incredible resources at our fingertips to educate ourselves according. I know you like your 25% yield that you recognized in the past 6 months on Boeing but popular innovating companies like Tesla and Roku have seen their stocks up 400% during that same time period as are many others. Heck, when Biden won, I just on weed, EV, and solar and already cashed in on those. I do see an added 5-10% drop forthcoming so I may selloff and buy the dip in about a week. |
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