Anyone investing heavily this year??
- Thread starter rph2005
- Start date
. Just needed things to shake out accordingly.
Americans are dupes.
Trump Media stock falls below $20 per share, a first since company went public
Trump Media, the company majority-owned by ex-President Donald Trump, fell below $20 per share for the first time since it started publicly trading as DJT.
www.nbclosangeles.com
Trump, and other company executives and insiders, are bound by lock-up agreements that have so far barred them from cashing in on their shares.
But the lock-ups are set to expire as soon as Sept. 20, at which point Trump may choose to start selling his shares.
Trump has given no indication that he plans to cash out once he is able to do so. But speculation has flared that he might, especially as Trump Media's latest earnings reports show it losing millions of dollars and generating little revenue.
If he does sell — or if he even appears likely to — investors could lose confidence in Trump Media, a situation the company's own regulatory filings have acknowledged.
Similar to other meme stocks, investing in Trump Media has come to be seen as a way for Trump's supporters to back him and bet on his chances of beating Democratic Vice President Kamala Harris in the presidential election.
.....this mf will unload all that shit Sept 20th.
i expect $DJT to be under $10 a share by then. i wouldnt be surprised if its down to $3 as it gets closer to that date.
What if it’s $3 a share by then?Trump Media stock falls below $20 per share, a first since company went public
Trump Media, the company majority-owned by ex-President Donald Trump, fell below $20 per share for the first time since it started publicly trading as DJT.
Trump, and other company executives and insiders, are bound by lock-up agreements that have so far barred them from cashing in on their shares.
But the lock-ups are set to expire as soon as Sept. 20, at which point Trump may choose to start selling his shares.
Trump has given no indication that he plans to cash out once he is able to do so. But speculation has flared that he might, especially as Trump Media's latest earnings reports show it losing millions of dollars and generating little revenue.
If he does sell — or if he even appears likely to — investors could lose confidence in Trump Media, a situation the company's own regulatory filings have acknowledged.
Similar to other meme stocks, investing in Trump Media has come to be seen as a way for Trump's supporters to back him and bet on his chances of beating Democratic Vice President Kamala Harris in the presidential election.
.....this mf will unload all that shit Sept 20th.
i expect $DJT to be under $10 a share by then. i wouldnt be surprised if its down to $3 as it gets closer to that date.
It would only be a worthwhile investment should he win the election......that's when u go all in with whatever money u have on that stock. Cuz he'd manipulate the fuck out of it.
Any reason why Nvidia is down today? Is it worth buying the dip?
Expectations are high. Blackwell delayed.
On the call, someone brought up margins: for the year they expect 75% gross margins but they're currently experiencing like 76-80%. Meaning that GM would need to contract to hit 75%. Probably not material, but interesting.
Did you finish this book? I heard good things about it.
Yup. Took me a while, but the book was really insightful as far as trying to find companies that compound long term.
Here are a few vid interviews with the author:
Again, this dude's voice is like nails on a chalkboard to me, but he gives a long summary of Mayer's philosophy here:
I bought one share of Nvidia a couple of years ago for $300. I'm not an investor. I looked this year, and it had split to 10, and now it's worth over $100 per share. I'm going to gamble and try to learn about how to make money with this one stock. I now own 59 shares and am not using scared money; I will buy at least ten shares monthly and cross my fingers. But I reserve the right to change my mind. I don't want to miss this gravy train if it becomes one.
..along those lines, I think Fidelity did a study a few years back and found that the portfolios that did that best over a long period of time were those people who had forgotten about an account.. or had died. Sometimes investing in a good company or fund and just leaving it alone to grow, works out in the long run.
As Intel's struggles continue, rumours are now emerging that plans are afoot to flog its chip-manufacturing fabs
Is Intel's future a fabless fait accompli?
Speculated awhile back in this thread mainly in jest/disbelief.
Spinning off fabs would be unthinkable especially with chips act money... But here we are. $AMD spun off its fabs and while they've always been a smaller producer of chips, business seems to be doing ok. But it took time. Idk how Intel would accomplish this in the short/med term.
***Edit***. Adding details...
Gelsinger opens up about Intel troubles amid talk of split
From spinoffs to layoffs and a boardroom revolt, 2024 isn't going great for Chipzilla
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On a similar note - reminds me of CSBs.
My grandma used to buy them for family members occasionally as gifts. She'd be like - "Oh, I bought you a $500 bond."
Being young (pre-teens to say 20yo) you'd be like - "Oh thanks - I appreciate it" (but not really realize how much more it would be worth years later at high interest rates back then). I don't remember the specifics ... I do recall redeeming some 10 years later or so. They were worth quite a bit more - a very nice surprise.
On my own I was doing more of the 3, 5, and 7-year GIC investments. I did less of those when interest rates were garbage, but more in the past handful of years at 5.5 - 6% ...
Canada Savings Bond - Wikipedia
Yeah I’m looking for a new bank right now just in case I need to deposit physical cash.
My bank is charging $12 a month if you don’t maintain a balance if $500. Truist
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All I know is that this guy won't purchase it ...
Peloton's former billionaire CEO says he 'lost all my money' when he left exercise company
Former Peloton CEO John Foley revealed that he nearly lost all his money after leaving the exercise equipment company in 2022.
www.usatoday.com
As Intel's struggles continue, rumours are now emerging that plans are afoot to flog its chip-manufacturing fabs
Is Intel's future a fabless fait accompli?finance.yahoo.com
Speculated awhile back in this thread mainly in jest/disbelief.
Spinning off fabs would be unthinkable especially with chips act money... But here we are. $AMD spun off its fabs and while they've always been a smaller producer of chips, business seems to be doing ok. But it took time. Idk how Intel would accomplish this in the short/med term.
***Edit***. Adding details...
Gelsinger opens up about Intel troubles amid talk of split
From spinoffs to layoffs and a boardroom revolt, 2024 isn't going great for Chipzillawww.theregister.com
- Intel CEO Pat Gelsinger and other executives to present plans to trim down company
- CEO will present ideas at mid-September meeting,
- Plans could include selling Altera programmable chip unit, sources say
- Capital spending cuts may include German factory expected to cost $32 billion, source says
- Intel has retained Morgan Stanley and Goldman Sachs to advise on asset sales
Invesco Sharpens Tech-Stock Concentration With ‘Mega’ QQQ Fund
By Emily GraffeoAugust 30, 2024 at 3:41PM EDT
The Invesco Ltd. headquarters in Atlanta, Georgia. (Elijah Nouvelage/Bloomberg)
(Bloomberg) -- Invesco Ltd. is gearing up to launch an exchange-traded fund that would allow investors to get ultra-concentrated exposure to the largest technology stocks.
The Invesco Mega QQQ ETF, which will trade under the ticker “QBIG,” will seek to track the Nasdaq-100 Mega Index, which targets the top 45% of companies in the Nasdaq 100 by weight, according to the fund’s prospectus filing.
The index currently consists of Apple Inc., Microsoft Corp., Nvidia Corp., Broadcom Inc., Amazon.com Inc., Meta Platforms Inc., Tesla Inc., Costco Wholesale Corp. and Alphabet Inc.
“The fund is catering to those investors who purely want the top of the index - that’s clearly been a benefit, although comes with risks if those names falter,” said Todd Sohn, ETF strategist at Strategas.
The filing comes as more ETF issuers seek to ride the success of the largest stocks in the market, which have lead most of the gains this year. An Invesco ETF that tracks the top 50 stocks in the S&P 500 has outperformed their equal-weighted S&P 500 fund by roughly 11 percentage points year-to-date.
BlackRock earlier this month filed for funds that would track the top 30 stocks in the Nasdaq 100 and top 20 in the S&P 500. QBIG will hold approximately 6 to 15 stocks, the filing said.
Existing funds that take advantage of the big-tech concentration have been popular with investors. The Roundhill Magnificent Seven ETF (ticker MAGS) has seen its assets grow to around $673 million from $35 million at the start of the year.
fire them asap
I just saw that interview... I swear that white chick reminds me of Angel Reese with her round eyes and eyelashes
Oy fucking vey! Ok, September... You win.
Nvidia hit with subpoena from US Justice Department, Bloomberg News reports
Nvidia hit with subpoena from US Justice Department, Bloomberg News reports
-Nvidia has received a subpoena from the U.S. Department of Justice as the regulator seeks evidence that the AI-heavyweight violated antitrust laws, Bloomberg News reported on Tuesday, citing people...
www.marketscreener.com
I just saw this.Nvidia hit with subpoena from US Justice Department, Bloomberg News reports
Nvidia hit with subpoena from US Justice Department, Bloomberg News reports
-Nvidia has received a subpoena from the U.S. Department of Justice as the regulator seeks evidence that the AI-heavyweight violated antitrust laws, Bloomberg News reported on Tuesday, citing people...www.marketscreener.com
Damn
The DOJ is working overtime today. It’s another big case of treason they are indicting people on.
Non investment related
Invesco Sharpens Tech-Stock Concentration With ‘Mega’ QQQ Fund
By Emily Graffeo
August 30, 2024 at 3:41PM EDT
The Invesco Ltd. headquarters in Atlanta, Georgia. (Elijah Nouvelage/Bloomberg)
(Bloomberg) -- Invesco Ltd. is gearing up to launch an exchange-traded fund that would allow investors to get ultra-concentrated exposure to the largest technology stocks.
The Invesco Mega QQQ ETF, which will trade under the ticker “QBIG,” will seek to track the Nasdaq-100 Mega Index, which targets the top 45% of companies in the Nasdaq 100 by weight, according to the fund’s prospectus filing.
The index currently consists of Apple Inc., Microsoft Corp., Nvidia Corp., Broadcom Inc., Amazon.com Inc., Meta Platforms Inc., Tesla Inc., Costco Wholesale Corp. and Alphabet Inc.
“The fund is catering to those investors who purely want the top of the index - that’s clearly been a benefit, although comes with risks if those names falter,” said Todd Sohn, ETF strategist at Strategas.
The filing comes as more ETF issuers seek to ride the success of the largest stocks in the market, which have lead most of the gains this year. An Invesco ETF that tracks the top 50 stocks in the S&P 500 has outperformed their equal-weighted S&P 500 fund by roughly 11 percentage points year-to-date.
BlackRock earlier this month filed for funds that would track the top 30 stocks in the Nasdaq 100 and top 20 in the S&P 500. QBIG will hold approximately 6 to 15 stocks, the filing said.
Existing funds that take advantage of the big-tech concentration have been popular with investors. The Roundhill Magnificent Seven ETF (ticker MAGS) has seen its assets grow to around $673 million from $35 million at the start of the year.
I’ve made a pretty good amount of coin investing in the Qs. I’ll make a note of this for future action.
