Originally Posted by Rain Man:
I think you're supposed to buy when blood is running in the streets and everyone is screaming in agony. That's certainly the case here, but then again sometimes blood runs in the streets and people scream in agony because they're actually dying.
Traditional retail scares the shit out of me. I don't really see much to invest in. Very few, only niche companies with stand alone stores. Anything tied to an indoor mall is pretty much dead on arrival. [Reply]
Originally Posted by Halfcan:
That sounds like a solid plan. You will be very comfortable at retirement age.
Make sure you say hi to me when I am 90 and still working as a Walmart greeter. Sucks when you lose half your retirement in a divorce- it takes a lot of years to get it back.
Yeah hit me up and I will give you some money to convince pest I am funny [Reply]
Originally Posted by scho63:
Traditional retail scares the shit out of me. I don't really see much to invest in. Very few, only niche companies with stand alone stores. Anything tied to an indoor mall is pretty much dead on arrival.
Agreed. Except maybe Walmart. It's always going to attract lowest common denominator types. Their free 2 day shipping might take some shine off amazon who would be the only retailer I would even think about.
I doubt any of them release it but it is all driven by inventory efficiency (probably calculated as inventory turns or inventory as a % of sales) and sales/sq ft. That's where amazon is hell on these fools. They set up the infrastructure and make vendors hold the inventory and do the shipping.
There may be a buying opportunity if labor laws relax some or something maybe. But I don't see what is going to make retail more profitable save structural changes or taxes that would hurt online sales. [Reply]
Originally Posted by TigerUppercut:
Want to make a nice investment that will cash out well in the next few years?
Aclaris Therapeutics and Portola Pharmaceuticals.
You're welcome.
Thank you, kind sir. I will definitely look at those.
And here's one for you. Pure Energy Minerals, LTD. PEMIF. Lithium mining. $0.46/share, currently. About 1, 1.5 years from hitting. Load up while you can. [Reply]
The problem with Target is it was supposed to be an alternative to shitty ass walmart, well guess what, now we got so many dumb fucks in the USA they spilled over to Target. [Reply]
Here's a beginner's question...when I am creating a buy order for a stock I'm seeing "bid" and "ask" prices and then a place where I can specify a price, but it is pre-filled with the "ask" price. What is bid vs. ask? [Reply]
Originally Posted by kepp:
Here's a beginner's question...when I am creating a buy order for a stock I'm seeing "bid" and "ask" prices and then a place where I can specify a price, but it is pre-filled with the "ask" price. What is bid vs. ask?
There are a set number of shares available for a given stock. When you buy shares of a stock that means someone else is selling.
Bid is what someone buying is willing to pay per share.
Ask is what someone selling is willing to accept per share.
Bid/Ask prices fluctuate constantly as the share price of a stock changes.
Originally Posted by kepp:
Here's a beginner's question...when I am creating a buy order for a stock I'm seeing "bid" and "ask" prices and then a place where I can specify a price, but it is pre-filled with the "ask" price. What is bid vs. ask?
For big stocks, I think the difference between bid and ask is so small that it's inconsequential. But for small stocks sometimes it's a pain because you always get the price that's worse and it can make a difference in your plan. [Reply]
Originally Posted by Rain Man:
For big stocks, I think the difference between bid and ask is so small that it's inconsequential. But for small stocks sometimes it's a pain because you always get the price that's worse and it can make a difference in your plan.
He's buying a OTC penny stock that the last 3 refreshes of my google finance page have been -6%, -8% and then -11%. You can get in for .0213/share now!
Originally Posted by kepp:
Here's a beginner's question...when I am creating a buy order for a stock I'm seeing "bid" and "ask" prices and then a place where I can specify a price, but it is pre-filled with the "ask" price. What is bid vs. ask?
If/when you buy, make sure to put in a limit order, not a market order. Especially on lower-priced stocks. It's just as easy, and it keeps you from getting screwed by market makers. [Reply]
