Yakoo752
USN
Who would be betting 6:1 on anything without some sort of illegal insider information
Betting 6:1? No they let you leverage yourself 6x
It doesn’t have to be in the same trade
Who would be betting 6:1 on anything without some sort of illegal insider information
Betting 6:1? No they let you leverage yourself 6x
It doesn’t have to be in the same trade
Nice day today. I would not be surprised to see a puillback friday, 200-500 points.
What exactly is it this offshore prop firm is allowing at 6:1? Good for anything thats traded on an exchange?
Interesting, why do you think so? (not questioning you but wanted to understand your rationale)
Because two days of gains indicated definite interest at these levels and machine trading will throw some sales to harvest them.
And Monday will be the last day to take losses for 2018 taxes.
At Fidelity's recommendation, I have switched to the very passive investing of rebalancing my 5 index funds in my IRA ever 6 months and I have never seen the balance get out of wack so much - 3.5% change between stocks and bonds is ~4 months. My guess is that the strategy is working![]()
I was wondering about that. Haven't historically watched, do the years losers typically get pushed lower on the last trading day?
I just sold off a losing position. I got too loose in 2018 and bought snapchat IPO on a dumb ass whim. Well, I just very literally "paid" for it. It will help offset a good portion of my dividend reinvesting for the year, but still, it sucks to be so wrong. Now in my mid-40's, I need to keep better focus and tighten up my spending. Hopefully I learn something from this.
The only advice I would offer is to avoid IPO's like the plague, and if you must, bet small. Hold mutuals or ETF's, and minimize your exposure to one stock or position.
I lost huge holding Worldcom.

The only advice I would offer is to avoid IPO's like the plague, and if you must, bet small. Hold mutuals or ETF's, and minimize your exposure to one stock or position.
I lost huge holding Worldcom.
I have some Bloom Energy shares that were stock options ten years ago. They had their IPO this summer at $15, watched it soar to $35 and now down in the $9-11 range. Employee shares are locked in until Jan 21, so I can't sell for a few more weeks. My cost was like $1.50 so I'm still solidly positive, but it's been a painful rollercoaster to helplessly watch.![]()

There are two sides to each coin. I think IPOs are a fantastic investment and have done pretty well with them. With that being said if you choose to go that route imo you should monitor your invest daily and even twice a day if needed.
New trade deal in the works and the USA/China are not a part of it. Tyson Foods and Welch are getting screwed in this deal and tariffs will be added to their products. Since Welch is private we can’t trde it but Does this new trade deal indicate a good short for Tyson Foods? What do you all think?
Tyson Foods 52.34
I've been eyeing Bloom Energy but haven't bought yet. We prototyped a bunch of membrane plates (I think that's what they were called), made if I remember from molybdenum. Lovely stuff to machine, molybdenum.![]()