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Member
Posts: 27,135
Joined: Jun 20 2007
Gold: 64.00
Jul 18 2024 10:21am
My extended family is definitely finding life difficult with current prices, it certainly makes you wonder though if the markets massive emphasis on future earnings results in companies just inflating prices to drive growth if they can't branch into new markets.

Take Canada, many of our traditional grocery chains (we only have a few massive ones) are now trying to get into the liquor markets in each respective province and adding it to their grocery stores. they need new avenues to drive growth and when they get rejected on the licensing, what else can they do, just increase food prices more.

Metro, Loblaw, etc. Gotta keep the growth rolling if you're going to keep that dividend yield lower (sub 2%).

Member
Posts: 40,314
Joined: Apr 14 2006
Gold: 4,921.71
Jul 18 2024 10:44am
Quote (Pharaohmon @ Jul 18 2024 10:52am)
Remember when Bill Ackman dumped it at 160 at a huge lost in 2022. He must be really kicking himself now

I guess even the “pros” make dumbass mistakes lol


To be fair these pros dump and the losses are publicized, but then put it into other stocks that I’m sure he won on

Member
Posts: 44,185
Joined: Jun 22 2007
Gold: 3,100.00
Jul 24 2024 08:44am
Tsla dump (but still higher than pre pump).
Member
Posts: 3,472
Joined: Oct 6 2015
Gold: 0.00
Jul 24 2024 10:00am
Nice little ENPH rebound
Member
Posts: 40,314
Joined: Apr 14 2006
Gold: 4,921.71
Jul 24 2024 10:31am
Enphase last man standing today

Member
Posts: 24,339
Joined: May 26 2014
Gold: 4,200.69
Warn: 20%
Jul 24 2024 12:25pm
The market wanted blood and blood was spilled

Member
Posts: 40,314
Joined: Apr 14 2006
Gold: 4,921.71
Jul 24 2024 02:07pm
Quote (Pharaohmon @ Jul 24 2024 01:25pm)
The market wanted blood and blood was spilled


Should be adding something but what

I’ll do deeper dive tomorrow evening. Bloody ass day for me today
Member
Posts: 24,339
Joined: May 26 2014
Gold: 4,200.69
Warn: 20%
Jul 24 2024 04:54pm
Quote (Bazi @ Jul 24 2024 01:07pm)
Should be adding something but what

I’ll do deeper dive tomorrow evening. Bloody ass day for me today



Same lol it hurts but overall is a healthy thing for the market

Not sure what to buy either as today was a bit unexpected

I might rebuy into TQQQ or start avging into NKE

Member
Posts: 40,314
Joined: Apr 14 2006
Gold: 4,921.71
Jul 25 2024 10:35am
Quote (Pharaohmon @ Jul 24 2024 05:54pm)
Same lol it hurts but overall is a healthy thing for the market

Not sure what to buy either as today was a bit unexpected

I might rebuy into TQQQ or start avging into NKE


Changes

Bought

Amazon 178
Amd 139
Lulu 251

Averaged
Nike 71
Iwm 218

Sold
Pfizer 27 to 30
Wbd 7 to 8


Most money I’ve moved around in awhile, will chill here now til end of summer
Member
Posts: 44,185
Joined: Jun 22 2007
Gold: 3,100.00
Jul 25 2024 12:09pm
^ Still holding pfe for the dividends.
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