Yes, thank you. What I find interesting is the curve with zero as the mean. Can you print the out too? I figured this group would of been more on the positive side but instead it's like a random sampling.
Who knows. Only five more months to go. A friend drove one and it was a life changing event. He's been a car nut hotrodder for 60 years. Had it for e week, only charged it three times and put 700 miles on it. Smooth, quiet, scary quick if pushed and well deserving of car of the year he said.
Who knows. Only five more months to go. A friend drove one and it was a life changing event. He's been a car nut hotrodder for 60 years. Had it for e week, only charged it three times and put 700 miles on it. Smooth, quiet, scary quick if pushed and well deserving of car of the year he said. >>
Investors need to learn to differentiate between a company's product and its stock price.
TSLA has a valuation that says it is the 358th largest company in the world and 220th in the USA. TSLA does as much business in a year as Wal-Mart does in 36 hours. And much of TSLA's income is from the backs of the taxpayers in the form of credits and subsidies. It probably defies gravity for a bit longer, but isnt a stock for me.
strong stock price combined with poor product line or marketing equals declining stock price.
Success of product/service is everything when looking for success in an equity. While expectation can drive up an equity, it takes product and sales to keep it up.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>strong stock price combined with poor product line or marketing equals declining stock price.
Success of product/service is everything when looking for success in an equity. While expectation can drive up an equity, it takes product and sales to keep it up. >>
Also a much stronger stock price combined with a strong product line can result in a declining stock price. IE, look at gold over the last 2 years.
<< <i>Also a much stronger stock price combined with a strong product line can result in a declining stock price. IE, look at gold over the last 2 years. >>
Absolutely. Outside influences (manipulation) such as leaking a false negative story about a product or having the banks under your regulatory control short the market can drive a solid stock (or precious metal) down.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Also a much stronger stock price combined with a strong product line can result in a declining stock price. IE, look at gold over the last 2 years. >>
Absolutely. Outside influences (manipulation) such as leaking a false negative story about a product or having the banks under your regulatory control short the market can drive a solid stock (or precious metal) down. >>
My thought was something less sinister and realistic such as prices simply getting ahead of fundamentals. There need not be any negative stories or collusion. Human emotion is much more volatile than fundamentals and usually pushes prices higher or lower than can be supported. Way too much credit is given to banks and other political entities.
Yes, thank you, that is it. I find it interesting that it is so centered. What would a random sampling look like? What would the picks from the top 56 investment companies look like? I just figure the bottom of that curve would be around 10 or 15 for this group (or maybe 40-45). But it is only a game so risks were taken for the games sake I suppose..
Dr. Buster up 40%+ in the last two weeks. Two guys have more than doubled their initial stake. And the fun cointinues (yes, I spelled it that way intentionally).
It's difficult to think of a reason a person wouldn't have at least a few dollars invested in their best ideas, either directly or because their picks represent an asset by proxy
It was starting to look like it was not going to be possible to catch the two entrants who picked TSLA, as that stock was on FiRe!! However, now that the cars are catching fire, the stock is somewhat cooling off
It needs a little correction. The spin has spun and the spinner will buy low again. Just because of one indecent of hitting something in the road we have the faulty battery pack scare. "This was not a spontaneous event," Jarvis-Shean said. "Every indication we have at this point is that the fire was a result of the collision and the damage sustained through that.". Next thing we'll hear is 'Tesla, the next Pinto'. When in reality I believe each of the 1000+ batteries in the pack has it's own thermal cutoff sensor so the heavy footers can't force a pack to fail under high load conditions.
My wife runs a car shipping business and for the past year I have seen many Model S Tesla needed to be shipped to customers all along the West Coast. BUT, yesterday I saw 3 that needed to be flat bedded back to Fremont as inoperables.
Agree that the revenues at Tesla and Netflix will have to really accellerate, as predicted to support those lofty stock prices
As for biotechs, well that's a sector not an individual company, and as a group they've had a good year so far One ETF that's up about 40% YTD, maybe due for a pullback and stockholders have been looking for an excuse to take profits, what better trigger than a "shutdown of the federal government"?
Here's an Article about valuation of biotech stocks. The reasons for investing in gold coins are far different from the reasons for investing in these types of companies that make medicine (or "picks and shovels" used to to manufacure precursors, equipment and sensors, diagnostics, etc.), but both asset classes have been good to me the past 10-15 years, and despite taking some profits here and there, I remain invested in both gold coins and stocks during corrections
As for biotechs, well that's a sector not an individual company
Absolutely. The biotech arena is littered with companies that have returned 500-1000% over the past 4 years. But I see problems, especially over the next 20 years, where the law of diminished returns will reassert itself. And by this I mean "the system" will reduce or stop paying the costs of new drugs.
Of even bigger concern is the role of humans playing God. We strive for longer life. The big drug companies claim success in extending human life, but I contend that isnt the case. We may have extended the AVERAGE human life, but humans do not live longer than they did 200 years ago. Lets compare the longevity of a few famous Americans....
John Adams died at age 90. James Madison lived to 85. Ben Franklin died at 84. John Jay lived to age 83. Thomas Jefferson---83. George Washington--67.
Are those ages any different than we might expect from a group of 6 men today? Some might even argue that these guys lived longer than a similar group might live today.
So in short, we have helped people extend their average lives, but at what cost? And at what level of dignity?
<< <i>My wife runs a car shipping business and for the past year I have seen many Model S Tesla needed to be shipped to customers all along the West Coast. BUT, yesterday I saw 3 that needed to be flat bedded back to Fremont as inoperables. >>
Cohodk....WOW...that window of seeing 3 Teslas being returned is very revealing! How do we short that? Good info, thanks.
Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
<< <i>Netflix still has some bite left ..nice jump today Cohodk >>
Yup, it is in a real nice trend channel the top of which is currently about $340. It is a momo stock so it can have a life of its own (for a finite time), then gravity reasserts itself. There is a gap to 180 then 110. These gaps will be filled over the next 24 months.
Comments
And since I actually had a few spare minutes this week, here are last year's picks, updated through last Friday:
Groucho Marx
<< <i>Can Tesla keep it up? >>
Who knows. Only five more months to go.
A friend drove one and it was a life changing event. He's been a car nut hotrodder for 60 years. Had it for e week, only charged it three times and put 700 miles on it. Smooth, quiet, scary quick if pushed and well deserving of car of the year he said.
<< <i>
<< <i>Can Tesla keep it up? >>
Who knows. Only five more months to go.
A friend drove one and it was a life changing event. He's been a car nut hotrodder for 60 years. Had it for e week, only charged it three times and put 700 miles on it. Smooth, quiet, scary quick if pushed and well deserving of car of the year he said. >>
Investors need to learn to differentiate between a company's product and its stock price.
TSLA has a valuation that says it is the 358th largest company in the world and 220th in the USA. TSLA does as much business in a year as Wal-Mart does in 36 hours. And much of TSLA's income is from the backs of the taxpayers in the form of credits and subsidies. It probably defies gravity for a bit longer, but isnt a stock for me.
Knowledge is the enemy of fear
Success of product/service is everything when looking for success in an equity. While expectation can drive up an equity, it takes product and sales to keep it up.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>strong stock price combined with poor product line or marketing equals declining stock price.
Success of product/service is everything when looking for success in an equity. While expectation can drive up an equity, it takes product and sales to keep it up. >>
Also a much stronger stock price combined with a strong product line can result in a declining stock price. IE, look at gold over the last 2 years.
Knowledge is the enemy of fear
how about Netflix?
Groucho Marx
<< <i>but would you short TSLA cohock?
how about Netflix? >>
Both are showing negative divergences but are dangerous to short right now. Not every stock is actionable and these are, imo, best to ignore.
Knowledge is the enemy of fear
<< <i>Also a much stronger stock price combined with a strong product line can result in a declining stock price. IE, look at gold over the last 2 years. >>
Absolutely. Outside influences (manipulation) such as leaking a false negative story about a product or having the banks under your regulatory control short the market can drive a solid stock (or precious metal) down.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>Also a much stronger stock price combined with a strong product line can result in a declining stock price. IE, look at gold over the last 2 years. >>
Absolutely. Outside influences (manipulation) such as leaking a false negative story about a product or having the banks under your regulatory control short the market can drive a solid stock (or precious metal) down. >>
My thought was something less sinister and realistic such as prices simply getting ahead of fundamentals. There need not be any negative stories or collusion. Human emotion is much more volatile than fundamentals and usually pushes prices higher or lower than can be supported. Way too much credit is given to banks and other political entities.
Knowledge is the enemy of fear
<< <i>66tbird, is this the one?
Yes, thank you, that is it. I find it interesting that it is so centered. What would a random sampling look like? What would the picks from the top 56 investment companies look like? I just figure the bottom of that curve would be around 10 or 15 for this group (or maybe 40-45). But it is only a game so risks were taken for the games sake I suppose..
Through 08/16/13
Rank Prev Rank Rank Chg Total YTD % Chg
1 1 0 66tbird 19,224 113.60
2 2 0 cohodk 17,558 95.09
3 5 2 calleocho 16,902 87.80
4 3 -1 gosteelers 16,526 83.62
5 4 -1 Crazy4Coins 15,441 71.57
6 6 0 rawteam1 14,998 66.64
7 7 0 tydye 14,335 59.28
8 8 0 razzle 12,907 43.41
9 9 0 Barndog 12,903 43.37
10 16 6 DrBuster 12,790 42.11
11 10 -1 SlangNRox 12,250 36.11
12 17 5 Mesquite 12,164 35.16
13 12 -1 Tiggs2012 11,935 32.61
14 11 -3 Justacommeman 11,833 31.48
15 14 -1 fishcooker 11,727 30.30
16 13 -3 Baley 11,562 28.47
17 15 -2 zrlevin 11,457 27.30
18 18 0 gsa1fan 10,728 19.20
19 19 0 mhammerman 10,724 19.16
20 22 2 pwrful4 10,641 18.23
21 20 -1 bgman 10,305 14.50
22 21 -1 jfloomis3 10,301 14.46
23 24 1 Coulport 10,096 12.18
24 25 1 mrpaseo 10,002 11.13
25 26 1 Mercfan 9,872 9.69
26 28 2 Weather11am 9,784 8.71
27 31 4 streeter 9,485 5.39
28 29 1 botanist 9,387 4.30
29 32 3 Staircoins 9,278 3.09
30 30 0 piecesofme 9,138 1.53
31 23 -8 HalfStrike 9,091 1.01
32 27 -5 secondrepublic 8,892 -1.20
33 36 3 OPA 8,607 -4.37
34 33 -1 fastrudy 8,604 -4.40
35 35 0 epicjimi 8,601 -4.43
36 38 2 renman95 8,543 -5.08
37 34 -3 RedTiger 8,389 -6.79
38 39 1 nibanny 8,237 -8.48
39 41 2 Spooly 7,840 -12.89
40 37 -3 biosolar 7,584 -15.73
41 40 -1 joefro 7,286 -19.04
42 42 0 bronco2078 7,276 -19.16
43 44 1 Pokermandude 7,204 -19.96
44 48 4 DoubleEagle59 6,904 -23.29
45 49 4 SmallTownCoins 6,904 -23.29
46 43 -3 percyb 6,903 -23.30
47 50 3 jmski52 6,883 -23.52
48 46 -2 ksammut 6,863 -23.74
49 52 3 TWQG 6,091 -32.32
50 51 1 roadrunner 6,028 -33.02
51 45 -6 Meltdown 5,861 -34.88
52 47 -5 wayneme 5,362 -40.42
53 53 0 Metalsman 5,201 -42.21
54 54 0 derryb 3,075 -65.83
55 56 1 Overdate 794 -91.18
56 57 1 Wingsrule 627 -93.03
57 55 -2 OperationButter 540 -94.00
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Congratulations, Wings, you finally made it out of the cellar. I told you that "Our day will come"
<< <i>but would you short TSLA cohock?
how about Netflix? >>
I did buy a few TSLA puts this morn.
Knowledge is the enemy of fear
Two guys have more than doubled their initial stake.
And the fun cointinues (yes, I spelled it that way intentionally).
Through 08/23/13
Rank Prev Rank Rank Chg Total YTD % Chg
1 1 0 66tbird 21,003 133.37
2 4 2 gosteelers 18,430 104.78
3 3 0 calleocho 17,772 97.47
4 2 -2 cohodk 17,485 94.28
5 5 0 Crazy4Coins 16,377 81.97
6 10 4 DrBuster 16,234 80.38
7 6 -1 rawteam1 15,128 68.09
8 7 -1 tydye 14,069 56.32
9 9 0 Barndog 12,971 44.12
10 8 -2 razzle 12,836 42.62
11 11 0 SlangNRox 12,508 38.98
12 12 0 Mesquite 12,498 38.87
13 16 3 Baley 12,472 38.58
14 13 -1 Tiggs2012 12,238 35.98
15 15 0 fishcooker 12,169 35.21
16 14 -2 Justacommeman 12,093 34.37
17 17 0 zrlevin 11,339 25.99
18 19 1 mhammerman 10,994 22.16
19 20 1 pwrful4 10,980 22.00
20 18 -2 gsa1fan 10,915 21.28
21 22 1 jfloomis3 10,657 18.41
22 21 -1 bgman 10,497 16.63
23 23 0 Coulport 10,164 12.93
24 24 0 mrpaseo 10,003 11.14
25 25 0 Mercfan 9,858 9.53
26 26 0 Weather11am 9,787 8.74
27 27 0 streeter 9,644 7.16
28 28 0 botanist 9,331 3.68
29 29 0 Staircoins 9,250 2.78
30 30 0 piecesofme 9,195 2.17
31 32 1 secondrepublic 9,104 1.16
32 33 1 OPA 9,052 0.58
33 31 -2 HalfStrike 9,000 0.00
34 34 0 fastrudy 8,602 -4.42
35 36 1 renman95 8,521 -5.32
36 35 -1 epicjimi 8,445 -6.17
37 37 0 RedTiger 8,424 -6.40
38 38 0 nibanny 8,411 -6.54
39 39 0 Spooly 7,858 -12.69
40 42 2 bronco2078 7,593 -15.63
41 40 -1 biosolar 7,493 -16.74
42 41 -1 joefro 7,455 -17.17
43 43 0 Pokermandude 7,386 -17.93
44 48 4 ksammut 7,166 -20.38
45 44 -1 DoubleEagle59 7,147 -20.59
46 45 -1 SmallTownCoins 7,147 -20.59
47 46 -1 percyb 7,025 -21.94
48 47 -1 jmski52 6,997 -22.26
49 49 0 TWQG 6,323 -29.74
50 50 0 roadrunner 6,132 -31.87
51 51 0 Meltdown 6,120 -32.00
52 53 1 Metalsman 5,608 -37.69
53 52 -1 wayneme 5,235 -41.83
54 54 0 derryb 3,395 -62.28
55 55 0 Overdate 879 -90.23
56 56 0 Wingsrule 682 -92.42
57 57 0 OperationButter 405 -95.50
Average 9,763 8.48
<< <i>Thanks again. First time this year, I'm in the black.
That's my goal. I've crawled back from 52 to 35. It's a good thing I kept my night job.
Rank Prev Rank Rank Chg Total YTD % Chg
1 1 0 66tbird 21,343 137.14
2 2 0 gosteelers 18,929 110.32
3 3 0 calleocho 17,844 98.27
4 4 0 cohodk 17,515 94.61
5 5 0 Crazy4Coins 15,477 71.97
6 7 1 rawteam1 14,998 66.64
7 6 -1 DrBuster 14,494 61.04
8 8 0 tydye 13,588 50.98
9 13 4 Baley 13,403 48.92
10 11 1 SlangNRox 12,257 36.19
11 10 -1 razzle 12,217 35.74
12 9 -3 Barndog 12,208 35.64
13 16 3 Justacommeman 12,151 35.01
14 15 1 fishcooker 11,992 33.24
15 12 -3 Mesquite 11,831 31.46
16 14 -2 Tiggs2012 11,492 27.69
17 17 0 zrlevin 10,998 22.20
18 18 0 mhammerman 10,793 19.92
19 19 0 pwrful4 10,789 19.88
20 20 0 gsa1fan 10,577 17.52
21 21 0 jfloomis3 10,378 15.31
22 22 0 bgman 10,173 13.03
23 23 0 Coulport 10,098 12.20
24 26 2 Weather11am 9,680 7.56
25 24 -1 mrpaseo 9,660 7.33
26 27 1 streeter 9,603 6.70
27 25 -2 Mercfan 9,454 5.04
28 29 1 Staircoins 9,208 2.31
29 30 1 piecesofme 8,965 -0.39
30 31 1 secondrepublic 8,929 -0.79
31 33 2 HalfStrike 8,758 -2.69
32 32 0 OPA 8,726 -3.04
33 34 1 fastrudy 8,637 -4.03
34 28 -6 botanist 8,613 -4.30
35 36 1 epicjimi 8,523 -5.30
36 37 1 RedTiger 8,423 -6.41
37 35 -2 renman95 8,286 -7.93
38 38 0 nibanny 8,264 -8.18
39 39 0 Spooly 8,061 -10.43
40 40 0 bronco2078 7,790 -13.44
41 41 0 biosolar 7,512 -16.53
42 42 0 joefro 7,428 -17.47
43 43 0 Pokermandude 7,288 -19.02
44 44 0 ksammut 7,118 -20.91
45 45 0 DoubleEagle59 6,984 -22.40
46 46 0 SmallTownCoins 6,984 -22.40
47 47 0 percyb 6,848 -23.91
48 48 0 jmski52 6,789 -24.57
49 50 1 roadrunner 6,185 -31.28
50 51 1 Meltdown 5,899 -34.46
51 49 -2 TWQG 5,897 -34.48
52 52 0 Metalsman 5,229 -41.90
53 53 0 wayneme 5,197 -42.26
54 54 0 derryb 3,145 -65.06
55 55 0 Overdate 889 -90.12
56 56 0 Wingsrule 682 -92.42
57 57 0 OperationButter 559 -93.79
Average 9,575 6.39
Liberty: Parent of Science & Industry
Liberty: Parent of Science & Industry
Rank Prev Rank Rank Chg Total YTD % Chg
1 1 0 66tbird 21,327 136.97
2 3 1 calleocho 19,298 114.42
3 2 -1 gosteelers 18,379 104.21
4 4 0 cohodk 17,706 96.73
5 5 0 Crazy4Coins 16,078 78.64
6 8 2 tydye 14,956 66.18
7 9 2 Baley 14,775 64.17
8 6 -2 rawteam1 14,111 56.79
9 7 -2 DrBuster 13,592 51.02
10 13 3 Justacommeman 13,160 46.22
11 10 -1 SlangNRox 12,949 43.88
12 12 0 Barndog 12,654 40.60
13 16 3 Tiggs2012 12,264 36.27
14 11 -3 razzle 12,056 33.96
15 14 -1 fishcooker 12,000 33.33
16 17 1 zrlevin 11,489 27.66
17 15 -2 Mesquite 11,449 27.21
18 21 3 jfloomis3 11,246 24.96
19 18 -1 mhammerman 11,142 23.80
20 19 -1 pwrful4 11,091 23.23
21 20 -1 gsa1fan 10,763 19.59
22 23 1 Coulport 10,542 17.13
23 25 2 mrpaseo 10,388 15.42
24 22 -2 bgman 10,293 14.37
25 27 2 Mercfan 9,756 8.40
26 26 0 streeter 9,735 8.17
27 28 1 Staircoins 9,666 7.40
28 24 -4 Weather11am 9,614 6.82
29 34 5 botanist 9,552 6.13
30 29 -1 piecesofme 9,464 5.16
31 35 4 epicjimi 9,276 3.07
32 30 -2 secondrepublic 9,175 1.94
33 31 -2 HalfStrike 8,667 -3.70
34 33 -1 fastrudy 8,532 -5.20
35 36 1 RedTiger 8,322 -7.53
36 32 -4 OPA 8,170 -9.22
37 38 1 nibanny 7,961 -11.54
38 37 -1 renman95 7,907 -12.14
39 40 1 bronco2078 7,828 -13.02
40 39 -1 Spooly 7,820 -13.11
41 41 0 biosolar 7,291 -18.99
42 42 0 joefro 7,233 -19.63
43 47 4 percyb 7,211 -19.88
44 43 -1 Pokermandude 6,916 -23.16
45 44 -1 ksammut 6,663 -25.97
46 45 -1 DoubleEagle59 6,612 -26.53
47 46 -1 SmallTownCoins 6,612 -26.53
48 48 0 jmski52 6,473 -28.08
49 50 1 Meltdown 5,672 -36.98
50 49 -1 roadrunner 5,421 -39.77
51 53 2 wayneme 4,982 -44.64
52 51 -1 TWQG 4,810 -46.56
53 52 -1 Metalsman 4,484 -50.18
54 54 0 derryb 2,610 -71.00
55 55 0 Overdate 359 -96.01
56 56 0 Wingsrule 273 -96.97
57 57 0 OperationButter 251 -97.21
Average 9,632 7.02
Platinum -5.57
Silver -26.54
Gold -20.72
Crude Oil 18.31
Rhodium -10.00
Palladium -0.28
Liberty: Parent of Science & Industry
Through 09/27/13
Rank Prev Rank Rank Chg Total YTD % Chg
1 1 0 66tbird 23,560 161.78
2 3 1 gosteelers 20,648 129.42
3 2 -1 calleocho 19,615 117.94
4 5 1 Crazy4Coins 18,916 110.18
5 4 -1 cohodk 17,765 97.39
6 7 1 Baley 17,215 91.28
7 6 -1 tydye 15,668 74.09
8 8 0 rawteam1 14,867 65.19
9 10 1 Justacommeman 13,743 52.70
10 9 -1 DrBuster 13,078 45.31
11 13 2 Tiggs2012 12,906 43.40
12 11 -1 SlangNRox 12,798 42.20
13 15 2 fishcooker 12,273 36.37
14 14 0 razzle 12,248 36.09
15 12 -3 Barndog 12,041 33.79
16 18 2 jfloomis3 11,487 27.63
17 17 0 Mesquite 11,353 26.14
18 16 -2 zrlevin 11,125 23.61
19 19 0 mhammerman 11,054 22.82
20 20 0 pwrful4 10,890 21.00
21 22 1 Coulport 10,665 18.50
22 21 -1 gsa1fan 10,526 16.96
23 24 1 bgman 10,199 13.32
24 30 6 piecesofme 9,763 8.48
25 28 3 Weather11am 9,738 8.20
26 29 3 botanist 9,718 7.98
27 23 -4 mrpaseo 9,685 7.61
28 26 -2 streeter 9,614 6.82
29 25 -4 Mercfan 9,483 5.37
30 32 2 secondrepublic 9,237 2.63
31 31 0 epicjimi 9,164 1.82
32 33 1 HalfStrike 9,030 0.33
33 27 -6 Staircoins 8,973 -0.30
34 34 0 fastrudy 8,555 -4.94
35 35 0 RedTiger 8,415 -6.50
36 38 2 renman95 8,210 -8.78
37 37 0 nibanny 8,064 -10.40
38 41 3 biosolar 8,052 -10.53
39 36 -3 OPA 8,045 -10.61
40 40 0 Spooly 7,877 -12.48
41 43 2 percyb 7,395 -17.83
42 39 -3 bronco2078 7,162 -20.42
43 44 1 Pokermandude 6,844 -23.96
44 45 1 ksammut 6,617 -26.48
45 46 1 DoubleEagle59 6,467 -28.14
46 47 1 SmallTownCoins 6,467 -28.14
47 42 -5 joefro 6,441 -28.43
48 50 2 roadrunner 6,432 -28.53
49 48 -1 jmski52 6,230 -30.78
50 49 -1 Meltdown 5,526 -38.60
51 52 1 TWQG 4,888 -45.69
52 51 -1 wayneme 4,817 -46.48
53 53 0 Metalsman 4,215 -53.17
54 54 0 derryb 2,375 -73.61
55 55 0 Overdate 246 -97.27
56 57 1 OperationButter 154 -98.29
57 56 -1 Wingsrule 82 -99.09
Average 9,800 8.89
<< <i>After the end of the third quarter (close enough), four entrants have more than doubled their initial stake >>
I sure hope they have real money in their picks. I know I only have money in 1 of the 3 picks I made.
It was starting to look like it was not going to be possible to catch the two entrants who picked TSLA, as that stock was on FiRe!! However, now that the cars are catching fire, the stock is somewhat cooling off
Liberty: Parent of Science & Industry
Knowledge is the enemy of fear
Liberty: Parent of Science & Industry
Now they will be forced to do a secondary at a much lower price thus driving the stock even lower. I can see a 38% retracement.
Same for NFLX.
Biotechs will soon be biowrecks.
Knowledge is the enemy of fear
As for biotechs, well that's a sector not an individual company, and as a group they've had a good year so far One ETF that's up about 40% YTD, maybe due for a pullback and stockholders have been looking for an excuse to take profits, what better trigger than a "shutdown of the federal government"?
Here's an Article about valuation of biotech stocks. The reasons for investing in gold coins are far different from the reasons for investing in these types of companies that make medicine (or "picks and shovels" used to to manufacure precursors, equipment and sensors, diagnostics, etc.), but both asset classes have been good to me the past 10-15 years, and despite taking some profits here and there, I remain invested in both gold coins and stocks during corrections
Liberty: Parent of Science & Industry
Absolutely. The biotech arena is littered with companies that have returned 500-1000% over the past 4 years. But I see problems, especially over the next 20 years, where the law of diminished returns will reassert itself. And by this I mean "the system" will reduce or stop paying the costs of new drugs.
Of even bigger concern is the role of humans playing God. We strive for longer life. The big drug companies claim success in extending human life, but I contend that isnt the case. We may have extended the AVERAGE human life, but humans do not live longer than they did 200 years ago. Lets compare the longevity of a few famous Americans....
John Adams died at age 90.
James Madison lived to 85.
Ben Franklin died at 84.
John Jay lived to age 83.
Thomas Jefferson---83.
George Washington--67.
Are those ages any different than we might expect from a group of 6 men today? Some might even argue that these guys lived longer than a similar group might live today.
So in short, we have helped people extend their average lives, but at what cost? And at what level of dignity?
Knowledge is the enemy of fear
<< <i>My wife runs a car shipping business and for the past year I have seen many Model S Tesla needed to be shipped to customers all along the West Coast. BUT, yesterday I saw 3 that needed to be flat bedded back to Fremont as inoperables.
Cohodk....WOW...that window of seeing 3 Teslas being returned is very revealing!
How do we short that?
Good info, thanks.
This might be true, to an extent, for stocks like Apple, Google, Netflix, and there are many many examples from the past, like Dell and Microsoft.
"the public" likes to have household names in their portfolio
Liberty: Parent of Science & Industry
Groucho Marx
<< <i>Netflix still has some bite left ..nice jump today Cohodk >>
Yup, it is in a real nice trend channel the top of which is currently about $340. It is a momo stock so it can have a life of its own (for a finite time), then gravity reasserts itself. There is a gap to 180 then 110. These gaps will be filled over the next 24 months.
Knowledge is the enemy of fear
Most of the winners are from the technology, health care, and "consumer discretionary" sectors
Liberty: Parent of Science & Industry
Simple average everyone's ideas, and you're up 12% ytd
Liberty: Parent of Science & Industry