PIMPING STOCKS

[mraynrand]

Drop in bucket. (I did notice that Apple is stopping announcing iPhone - and other products? - sales numbers...


https://www.cnbc.com/2018/11/02/warr...ple-stake.html

Warren Buffett's Berkshire Hathaway lost more than $3.5 billion on Friday as Apple's stock headed for its worst day on Wall Street in more than four years.

Apple — which posted its fifth consecutive week of losses for the first time since 2012 on Friday — finished the day down 6.6 percent, its worst one-day move since January 2014. The Oracle of Omaha owned more than 250 million shares of the Cupertino, California-based company as reported in Berkshire's latest holdings filing at the Securities and Exchange Commission.

At Friday's closing price for Apple of $207.48, Buffett is down $3.7 billion. The company closed at $222.22 on Thursday before the disappointing report.

Apple's stock sank after the company's iPhone shipments for last quarter fell short of analyst expectations. The company also issued a financial outlook for the rest of the year that underwhelmed some investors. Those factors foiled the company's stronger-than-expected earnings and revenue.

However, Buffett's losses are likely even more painful: he told CNBC at the end of August that he bought more Apple shares since the end of June, when he reported that he bumped his stake up by 5 percent.

"We bought just a little [more]," he said about two months ago on CNBC in an interview with Becky Quick.

[Bretsky]

There seems to be a great opportunity for those who can spot the best stocks to benefit from WEED.

Who is our residential Pot Expert ?

[call_me_ishmael]

Great time to buy AAPL, Goog and AMZN. Buy it, set it, forget it, watch money 4x in 10 years.

[Bretsky]

I would completely agree with you Partial.

Now shut up with FANG and give me some Weed stocks that will 5x

[Patler]

I would completely agree with you Partial.

Now shut up with FANG and give me some Weed stocks that will 5x

If I wanted to buy one, it would be CGC. The major investment in them by STZ should give them a head start in effective retail marketing.

[Bretsky]

THANKS PATLER

I can let you know my two favorites are CGC and CRON

Are you invested in CGC ?

[Patler]

THANKS PATLER

I can let you know my two favorites are CGC and CRON

Are you invested in CGC ?

No, I do not own any CGC, nor any other "sin" stock like casinos, tobacco, distilleries, breweries or wineries. Not because I oppose them, just that I am not interested in their businesses and I have no desire to learn about them. Instead, I invest in companies involved in activities I enjoy learning more about.

[Bretsky]

No, I do not own any CGC, nor any other "sin" stock like casinos, tobacco, distilleries, breweries or wineries. Not because I oppose them, just that I am not interested in their businesses and I have no desire to learn about them. Instead, I invest in companies involved in activities I enjoy learning more about.

Have you taken any fliers on cloud stocks ? That has been my most recent passion

[Patler]

Have you taken any fliers on cloud stocks ? That has been my most recent passion

Depending on your definition of "cloud stocks". I own INOV, ADBE and CRM. I also own some NVTA, which has a cloud based records subsidiary. I own a bunch of tech that I think will benefit from the growth of cloud related things. There are probably a half-dozen or so that I am considering.

[mraynrand]

The bottom line for Generac: $100 million to $200 million of annual revenue, perhaps as soon as 2022, Jagdfeld said in an interview in New York on Friday, a day that saw his shares hit an all-time high. California, with its generally mild climate, wasn’t a big market for Generac until the blackouts began. While an expansion in the state will take time, Generac is gearing up a sales force and a marketing push to make it work.

Broadly, getting into stocks for companies making stuff government/government regulated entities can/will no longer provide is probably a good bet.

[call_me_ishmael]

I am still just holding a handful of stocks in the aspect of my portfolio that I manage:

BTC, LTC, ETH for crypto

AAPL, GOOG, MSFT, AMZN, TSLA, NFLX.

Apple continues to be the most fundamentally sound company on earth. I bought in around 200 in 2009-2010 before the iPad came out. It has gone up 8.6x in that time!!

Goog is a company looking for it's next big hit.

MSFT is figuring out how to reach developers for the first time in my life.

AMZN is the company ready to be the world's biggest and they might be able to do it with their cloud business alone. I think AMZN is still very cheap compared to how big their opportunity is.

TSLA makes a product that everyone loves and lusts after. They have their manufacturing challenges but at the end of the day that will resolve itself in time since it's a far easier problem than making something that people lust after.

NFLX is a stock I don't really know why I hold. I don't really watch much TV and very rarely turn on Netflix beyond streaming reruns of the Office for background noise. It has gone up too much in price to the point where I don't personally see the value in it. Great SaaS business so far but I do wonder when others will start to feel the same as I do. There's only so many hours in the day and I have maybe an hour or two free at the most, it's a tough thing to fill that valuable time with brain rotting TV.


Anyone have any interesting stocks they think there is money to be made on? I'd like to take 20K and walk out with 40K in the next year or two if possible. Gotta buy a new car.

[MadtownPacker]

There seems to be a great opportunity for those who can spot the best stocks to benefit from WEED.

Who is our residential Pot Expert ?

I thought you knew!

Did you end up buying when you made this post? If so you went on a helluva roll coaster ride man. Big ones like Tilray and Canopy went off only to come tumbling down the past few months. I bought in a little too soon but not doing bad.

[australianpackerbacker]

Bitcoin has been the best performing asset over the last 10 years, and due to a lot of factors, one fo them being economic uncertainty, will be the bext performing asset over the next 10 years. If you bought 100$ of bitcoin 10 years ago, you would have 16 million dollars. Fuck the stock market its a game played by the rich to keep everyone else poor, like the federal reserve.

[call_me_ishmael]

Bitcoin has been the best performing asset over the last 10 years, and due to a lot of factors, one fo them being economic uncertainty, will be the bext performing asset over the next 10 years. If you bought 100$ of bitcoin 10 years ago, you would have 16 million dollars. Fuck the stock market its a game played by the rich to keep everyone else poor, like the federal reserve.

This is a bad take. Bitcoin has done jack shit over the past few years unless you've timed it perfectly.

My opinion is in twenty years my BTC will probably be worth 0 dollars but maybe could be worth a million or more.

[australianpackerbacker]

This is a bad take. Bitcoin has done jack shit over the past few years unless you've timed it perfectly.

My opinion is in twenty years my BTC will probably be worth 0 dollars but maybe could be worth a million or more.

Sorry but this is incorrect except for your last sentence. Bitcoin goes through hype cycles, and each hype cycle is greater than the last. Look up Bitcoin stock to flow. The stock to flow ratio of bitcoin will be equal to that of gold, calling for a market cap of 7-8 trillion dollars, which would potentially put bitcoin at 350k-400k. Thats not gonna happen until around 2028. Also you need to understand bitcoin halving. Every 4 years BTC goes through a reduction in the available bitcoins mined, basically forcing the price up. This is the most GENUIUS financial instrument EVER created, based on Austrian economics. Its scarcity is exactly why it is valuable, but people just dont understand what it truly is yet. So the hype cycles will continue for another 10 years until people realize what it is, and why it exists.

And this is something everyone can agree with. If the dollar was working fine for 100% of people, we wouldnt have people that are broke. Nor would even the IDEA of Bitcoin exist. Get it? The idea of being broke, is the system reflecting its brokenness on the people in which its meant to serve. There are over 2 billion unbanked humans, and bitcoin has the ability to change that, by being a bank account in your phone, and these days smart phones are a dime a dozen. This means 2 billion people who cant get accredited by a bank, now have a bank account in their phones. This is REVELATORY.

Bitcoin has the power to erase government. And it has the power to replace the USD as world reserve currency. Once this happens the world will change tremendously. If the US Federal Reserve cannot print money, they cannot go to war and put "sanctions" on other countries.

Bitcoin hasnt done jack shit? Right. Its price at the beginning of the year, 3200. Current price 9100. 200% increase in value. Pick ANY stock, precious metal, whatever....what has PERFORMED better than bitcoin in 2019? NOTHING.

Bitcoin has been the best performing asset over the last 10 years. Especially if you understand how to DCA(dollar cost average). You'd be in the green like a motherfucker.

Bitcoin is BLOCKCHAIN. Bitcoin is a revolution.

As for your last sentence. You could say the exact same thing about any and every stock. Nobody knows what technological shifts can occur in that span of time that makes certain parties or entities obsolete. Apple? Who the fuck really knows if they will last for more than 5 years from this date, there are so many variables at play in all of this, thats why they call it speculation. But knowledge allows you to take a calculated RISK.

So in saying that, if a stock(or in this case bitcoin, has a proven track record of 10 years, of consistently providing ridiculous gains, you need to reevaluate your story about bitcoin and what information you are believing that is limiting you from exploring this seriously. Volatility is a common aspect in a brand new, nascent asset class, because the liquidity(money, belief, investments) isnt quite there yet. And in saying that, THIS IS WHY IT IS THE BEST OPPURTUNITY to make serious gains. Its like investing in the concept of the internet in the early 90s, yet the difference here is bitcoin is competing to be GLOBAL MONEY. Think of that potential, think of the power that a fixed, limited supply currency that you can send over the internet for basically pennies, think about the power that has to undermine the current power structure. When you realize its power, you will find it impossible to ignore.

Fuck stocks and investing in something that has zero meaning to my life just because im greedy and wanna live a different expression of life. Buy bitcoin, youre buying into a financial revolution.

Stay woke.