Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. idfnl

    idfnl Senior member

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    No, I never took any profits on it. I was up about that much at one point, so its an even more precipitous drop than just my initial position. What a piece of shit.
     
    Last edited: Jul 10, 2014


  2. GreenFrog

    GreenFrog Senior member

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    Sucks man.

    At least their sandwiches, and especially their pickled veggies, are pretty darn good.
     
    Last edited: Jul 10, 2014


  3. lawyerdad

    lawyerdad Senior member

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    Headlines like "Nothing To See Here, No Grand Portents To Be Read" don't generate attention/advertising dollars.
     
    Last edited: Jul 10, 2014


  4. GreenFrog

    GreenFrog Senior member

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    Well, yeah. I get that sensational headlines drive clicks and revenue but they do generally portray the public's sentiment about the current market environment. Right now it's pretty negative and tense.
     


  5. Piobaire

    Piobaire Not left of center?

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    I think public sentiment has correctly predicted 85 of the last 10 major corrections.
     


  6. lawyerdad

    lawyerdad Senior member

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    I would argue that they attempt to drive the public's sentiment more than they reflect it. The DJA moved 0.42% today. That's basically Brownian motion. But there's a whole industry of pundits, analysts, journalists, and editors whose entire job is to tell us, every day, THIS IS WHAT THE MARKET'S DOING TODAY, THIS IS WHY IT'S DOING IT, AND THIS IS WHAT IT MEANS!!!" I listen to public radio in the car driving home. I usually catch the "Marketplace" segment.
    Oddly enough, I've never heard them say, "Well, fuck all really happened today. The market's just drifting along the way they do, and if I tried to tell you I could read something into it I'd be blowing smoke up your ass."
    And unless the market is doing something every day, unless they ascribe some half-assed reason for it happening, and unless they have a theory about what conclusions we should draw from the meaningless, inconsequential shit that happened today, they won't have jobs. So guess what: every day we're told that something significant is happening, that they can divine why it happened (beyond, "well, Bob, the explanation is that there was 0.06% more selling than buying today"), and what it all portends.
     
    Last edited: Jul 10, 2014


  7. Texasmade

    Texasmade Senior member

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    I love eating their sandwiches for lunch when I'm in the office with no one to eat with. I probably eat there about 5-8 times a month for lunch.
     


  8. idfnl

    idfnl Senior member

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    Yeah. Ask about 400,000 more of your friends to do that so I can unwind from this shit.
     


  9. Texasmade

    Texasmade Senior member

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    I'm trying to since my brother dropped money on that dog also when it IPO'd.
     


  10. otc

    otc Senior member

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    They make pretty good shakes too.
     


  11. jbarwick

    jbarwick Senior member

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    MZN mentions drones possible in Seattle...gives the stock a 4% bump. I love Amazon but am too scared to buy shares.
     


  12. otc

    otc Senior member

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    I haven't ordered from AMZN in over a month...

    Better not buy any shares
     


  13. amerikajinda

    amerikajinda Senior member

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    not losses! unrealized negative gains!!! :happy:


    this is true! with that little cookie around the straw... :inlove:
     
    Last edited: Jul 11, 2014


  14. otc

    otc Senior member

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    And if you get an oreo shake, you get the cookie around the straw AND a couple of mini oreos tossed atop the lid :slayer:
     


  15. lawyerdad

    lawyerdad Senior member

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    Dow Jones
    16,932.78 +17.71 (0.10%)

    S&P 500
    1,966.58 +1.90 (0.10%)

    Nasdaq
    4,414.18 +17.98 (0.41%)
     


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