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Talking stocks, trading, and investing in general

lawyerdad

Lying Dog-faced Pony Soldier
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I don’t know much about this market, but if these plants are valuable because of their rarity, yet you can grow new ones from cuttings, won’t they be neither rare nor valuable in time?
Sure, stay locked in your fiat mindset if you want. The value of those cutting adds up to world gdp.
 

HRoi

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I mean, in all seriousness they could very well be. At $2500 a cutting and a theoretically infinite number of cuttings..??
 

norcaltransplant

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Hmm. As of this moment SPY is down 10% from when I sold a few weeks ago.
If I got that lucky, I would start to average a bit back into the markets, like 10% of what I sold. It would allow me to maintain sufficient dry powder, but also keep me in the markets if there was a sudden surge.

I plan on reinvesting into the market sometime in early 2021. By then there will be some clarity in the political environment, and we will be either recovering from COVID or going through some serious political turmoil.
 

Omega Male

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What size? Brent Beshore mentions there are a lot of $1M-$5M EDIBTDA businesses out there where people want to sell but they are in some obscure niche. He also said in a Tweet something like "The operating manual to run a Subway is like 300-400 pages, imagine what it takes to run a small manufacturer."
This one was $800M+ EBITDA, they are looking for a bit bigger cash out!
 

Marc Voorhees

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Man, if you thought crossing 28000 3 times a day was exciting, just wait for the sequel: crossing 27000 fuck yeah
 

Ebitdaddy

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What size? Brent Beshore mentions there are a lot of $1M-$5M EDIBTDA businesses out there where people want to sell but they are in some obscure niche. He also said in a Tweet something like "The operating manual to run a Subway is like 300-400 pages, imagine what it takes to run a small manufacturer."
There are a ton of buyers for companies with over $2MM EBITDA as that's where non-recourse debt becomes available for acquisitions (no PG!).
 

Marc Voorhees

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A few weeks ago, I thought of taking advantage of new tax codes to pull out the max amount of money from my 401K (100K I believe) and hold it until the end of the year and buy back in after the market inevitably dropped. i was too big of a beta to do that and here we sit
 

Piobaire

Not left of center?
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Omega Male

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But of course.


Some publicly traded companies that received taxpayer-backed small business loans to pay their employees during the early weeks of the pandemic paid out millions to Wall Street investors in dividends and share buybacks, publicly available financial disclosures reviewed by The Washington Post show.
The findings reinforce long-standing concerns that the Paycheck Protection Program, an emergency stimulus fund offering low-interest, forgivable loans to businesses with fewer than 500 employees, was accessed by financially healthy companies that could have gone without a bailout.
Under the Small Business Administration rules, a PPP loan could be used only to meet payroll and pay mortgage interest, leases or utility bills. PPP loan recipients weren’t prohibited from paying investors with other funds, as long as the PPP funds were kept separate.
 

imatlas

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I hope the DOJ/SEC/whoever investigates and fines the fuck out of every single one of them.
Put that hope in one hand, shit in the other, and see which fills up first
 

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