Money Investing megathread extravaganza - Page 182

Originally Posted by Hammock Parties:
UGH

Someone gave me cause to go check out Ubiquitis networking products today...very cool shit.

Then I remembered...wait...didn't you BUY THEIR STOCK?

Went into my e-mail and realized yup...you did...five years ago...at $45/share.

Sold it at $44 and now it's at $145.

:-)

LOL Damn the devil. Damn the devil to hell.
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I'm pretty sure that was when I decided to get out of stocks and just dump everything in that account into an ETF....which did well enough....

...but it'd be nicer to have an extra $40,000 laying around
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Originally Posted by Hammock Parties:
I'm pretty sure that was when I decided to get out of stocks and just dump everything in that account into an ETF....which did well enough....

...but it'd be nicer to have an extra $40,000 laying around

Well, if that's what you did, it was the right move. Regardless of the outcome. That's the approach we must take or those kind of losses will fucking destroy you as an investor.
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Originally Posted by Buehler445:
Well, if that's what you did, it was the right move. Regardless of the outcome. That's the approach we must take or those kind of losses will fucking destroy you as an investor.

well....I no longer hold that ETF

because you know....well....how do i say this

i have a low iq
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Originally Posted by Hammock Parties:
well....I no longer hold that ETF

because you know....well....how do i say this

i have a low iq

Happens to the best of us. Doesn't change the fact that the dumping the Ubiquitis stock for the ETF.

Now the decision to dump the ETF was a bad move.

We work on fixing our mistakes.

Keep moving forward.
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That's going to be the same result if you sell IQ when you get within 15% of your purchase price.
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Chinese stocks are all taking a small hit today.
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Originally Posted by scho63:
That's going to be the same result if you sell IQ when you get within 15% of your purchase price.

I don't know how it really is long term. It has two other competitors. The market is finite.
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Originally Posted by Hammock Parties:
I don't know how it really is long term. It has two other competitors. The market is finite.

If you compare it to Netflix right now IQ is by far the better value. It also has more room for growth. The Chinese stock market appears undervalued right now and they have plenty of workforce available for major growth.
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Boeing is taking a big hit this morning, down 11% at the moment.

A brand new 737 crashed in Ethiopia over the weekend killing everyone aboard, so this drop was not unexpected.
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Bought FLNT this morning for a swing trade.
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Originally Posted by Munson:
Boeing is taking a big hit this morning, down 11% at the moment.

A brand new 737 crashed in Ethiopia over the weekend killing everyone aboard, so this drop was not unexpected.

I don't mean to profit from tragedy, but I added a little to my position today. They'll fix the problem and things will return to the status quo.
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Originally Posted by Rain Man:
I don't mean to profit from tragedy, but I added a little to my position today. They'll fix the problem and things will return to the status quo.

That's understandable. I thought about doing the same but decided to hold off.
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Originally Posted by Munson:
That's understandable. I thought about doing the same but decided to hold off.

I would have jumped on it for a swing at least but I don't have the available cash.
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Originally Posted by Hog's Gone Fishin:
I would have jumped on it for a swing at least but I don't have the available cash.

I'm worried about companies around the world grounding their fleets of 737 Max 8's, or maybe even cancelling orders.

Dianne Feinstein is calling for the FAA to ground all 737 Max 8's in the U.S.

https://finance.yahoo.com/news/u-sen...222318008.html

Originally Posted by :
(Reuters) - Democratic U.S. Senator Dianne Feinstein on Monday urged the U.S. Federal Aviation Administration to ground Boeing's 737 MAX 8 fleet after two fatal crashes since October.

"Until the cause of the crash is known and it’s clear that similar risks aren’t present in the domestic fleet, I believe all Boeing 737 Max 8 series aircraft operating in the United States should be temporarily grounded," Feinstein wrote.

The FAA, which told carriers on Monday that the plane is airworthy, and Boeing did not immediately comment. "Continuing to fly an airplane that has been involved in two fatal crashes within just six months presents an unnecessary, potentially life-threatening risk to the traveling public," Feinstein added.

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