Society Corona - Stock Market thinktank
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We had an ownership change at work and I had to do a rollover for my existing 401k. For whatever reason they issued me an actual check to do this.
I happened to get the check right when they started talking about shutting the country down. Since I'm an investing master (not really) I knew that I had 60 days to send that check in or I would have been taxed heavily. Assuming the market was about to crash, I hung onto that check as long as possible. I sent it in on day 55, well after stocks had taken a beating.
After today, that account is up 48% on the year.
Timing is everything.
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My 401K has been going up also.
And during Corona I started a Robinhood account.
Got a couple of stocks to play with, and they seem to be doing well.
If you open an account, you get a free stock.
If you refer a friend who does, you get a free stock.
Since you are all my friends, let me know if you woud like a referral.
Namaste
And during Corona I started a Robinhood account.
Got a couple of stocks to play with, and they seem to be doing well.
If you open an account, you get a free stock.
If you refer a friend who does, you get a free stock.
Since you are all my friends, let me know if you woud like a referral.
Namaste
That's not how it works exactly.
Once you sign up, they give you a random stock which is generated automatically.
But.... AMZN is one of them, so you could get it. Click here to sign up.
I actually got Macy's (M) which has also done well.
Good luck.
Namaste
Anyone else holding RCL and CCL?
I'm contemplating them. A friend is up 100% with them, but I was wanting to hear when the CDC would lift the no sail order.
If they extend it I could see them falling back off.
Are you guys back on with OXY?
Le Chat Noir
©
I'm up 41% and 28% respectively. I think I bought them Thursday?.
No petroleum stocks for me yet, but looks promising.
RVLV has been a steady winner that I haven't been paying attention to. I'm up 101% on it so far.
ACB has a beautiful handle right now,
may be time to get back on that train
may be time to get back on that train
The psychology of it is amazing. Any other time we would be ecstatic.
Now we are like, "well it was nearing 300% last week, maybe it will take another run".
Le Chat Noir
©
I'm going to file bankruptcy, then tweet that my stock is overpriced, then maybe get sued for securities fraud.
WTF with this upside down world, sometimes?
Le Chat Noir
©
Chesapeake Energy (CHK) halted on news.
Down 48%
June 4 it was at $12
Closed yesterday at $69.92 - there were 22 trading halts yesterday due to the crazy gains.
Now it's sitting at $36.50 and heading to $0, halted again.
Word is they are filing bankruptcy protection.
I was very puzzled by the run up with the shitty oil market. Glad I stayed away from that one.
They also had a reverse split in April. Lots of people lost a LOT of money on this one.
Down 48%
June 4 it was at $12
Closed yesterday at $69.92 - there were 22 trading halts yesterday due to the crazy gains.
Now it's sitting at $36.50 and heading to $0, halted again.
Word is they are filing bankruptcy protection.
I was very puzzled by the run up with the shitty oil market. Glad I stayed away from that one.
They also had a reverse split in April. Lots of people lost a LOT of money on this one.
I bet one of the big dawgs buys them.
First of many with this oil market.
Fuck them, they fucked me with a reverse split.
Those reverse splits are brutal.