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1,023 ExcellentAbout easilyscan
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Thanks for the reply. My only bitcoin investment is MSTR. I bought it sometime in 2023 ? around $700 It kept going up and split 10-1 sometime in 2024.. At one point, I sold enough to get all of my original investment out & now have 50 shares. I'm going to let it ride.
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DJ Moore will go off like the 4th of July because I benched him & plugged in Michael Wilson.
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I only have a very basic understanding of how bitcoin works, and zero understanding of how it's valued as an investment. When you state that all bitcoin needs to turn back up is lower interest rates, is it something more than the premise that when interest rates are low, investors are willing to take more risks in search of higher returns ?
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I wonder if whoever had the final say/OK on investing in MSTR has been called in on the carpet yet ? At this point, my assessment that it looked like fools were rushing in, is holding up fairly well. On the date I posted that, bitcoin was @ 117 K & MSTR was @ $423 Today: 85 K & $170 Just goes to show you, you can have a guy/gal in an office with Ivy League diplomas covering the walls, but when it comes right down to it, they can fock things up as well as anyone. Like Silicon Valley Bank, whose executives made huge bets that interest rates would stay low indefinitely.
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That depends on the company in question. I've stated on this page of the thread that Tesla seems insanely overvalued at this point. On the other hand you have a company like Google. The first 3 things I look at when considering investing in a company is top line (revenues) bottom line (EPS) + net margins. https://www.macrotrends.net/stocks/charts/GOOG/alphabet/revenue https://www.macrotrends.net/stocks/charts/GOOG/alphabet/eps-earnings-per-share-diluted https://www.macrotrends.net/stocks/charts/GOOG/alphabet/profit-margins Those charts are a thing of beauty & Google deserves a multiple of 30 until that changes. I hope you're not one of those guys I see posting on yahoo stock message boards, saying the crap company they keep pouring money into will go up once the AI bubble bursts. Food stocks like ConAgra, Kraft Heinz, B&G & Hormel for example. These people are lured in by the dividend yield which has become really high because the stocks are so far down. They don't realize these companies are slowly dying, so they hang onto them tighter than a rusty vice grip. The worst part is they believe everything Company officials tell them. Kraft & Heinz merged 10 years ago because the geniuses at the top & Warren Buffett, told them uniting would unleash synergies & the stock would fly high. It worked, for about a year. Shares reached the mid 90s, but it's been a slow and steady descent into the abyss ever since. Closed at $25.29 today Now they tell shareholders breaking the company up into 2 parts is the way to unleash shareholder value. SUCKERS! I was the same as those guys many years ago, but I woke up.
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Girl, 14, Found Weighing 35 Lbs. in 'House of Horrors,' Father and Stepmother Among 4 Adults Charged
easilyscan replied to Maximum Overkill's topic in The Geek Club
A mother and father with a bull dyke daughter and her partner, all fat as the day is long. I'm surprised they didn't eat the poor child. They should all be shot and buried. -
https://alphanews.org/new-feeding-our-future-defendant-allegedly-sent-more-than-100000-in-fraud-proceeds-abroad/
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A stronger-than-expected September jobs report is muddying the picture of whether a split Federal Reserve will cut or hold interest rates steady at its next policy meeting.
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How much are your health insurance costs rising?
easilyscan replied to Ron_Artest's topic in The Geek Club
How about a little comic relief ? Keep in mind this episode was from 2014 https://clip.cafe/family-guy-1999/so-you-can-see-sales-are-going-very-well/ -
I heard something similar from a friend who worked at a large distribution center in south-central Minnesota starting 3 years ago. They basically had to hire anyone with a pulse. Terrible attendance & poor work ethics.
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Accumulating shares between $150 & $170 during the tariff tantrum this past spring has worked out well
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How much are your health insurance costs rising?
easilyscan replied to Ron_Artest's topic in The Geek Club
Was considering taking Social Security in my first year of eligibility. Right now everything is set to renew for MNsure and we dont need to send in any income verification at this point. I would caution you about starting your social security as that amount in addition to your other income would eliminate your tax credit subsidy and your premium would go from $156.82 to $1185.44 monthly. -
Cool!
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Nvidia posted positive results so futures are up strong.
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Record-setting seizure of $362M worth of cocaine offloaded at Port Everglades
easilyscan replied to Maximum Overkill's topic in The Geek Club
Not that I'd know anything about cocaine, but wouldn't 24 tons be worth more than 362 million ? 24 tons = 48,000 pounds 48,000 pounds = 768,000 ounces Depending on the location & purity, coke can range from $1000 to 2000 an ounce in the US. Even in the middle at $1500 an ounce, it would be worth $1,152,000,000
