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OT: Stock and Investment Thread

R

RU05

All-American
Jun 25, 2015
15,251
9,483
113
Bueller said:
Every time something happens in the word where gold and silver are expected to stir the price goes down instead. I always knew metals were manipulated but its farcical now. The powers that been want to keep everyone in paper. Eventually they wont be able to keep pushing the beachball down.

The AI thing is scary. I knew 2 years ago it was fool's gold because I knew Jensen and his leather jacket was practically the Don King of computer hardware. So much hype went into AI (tech is the easiest to corn people with) that to say people overinvested is an injustice. Equity lunatics piled-in and bought usually cautious insurance cos to overinvest - same for retirement funds. When AI scam flips its investors stuck with the bill.

People here probably heard of Ed Zitron. He knows the math and financial implementation of AI better than anyone for awhile now. He explains how $billions worth Nvidia processors are in storage because there is no use for them now ( data centers still being built etc), Jensen told tech buyers if they didn't buy the chips he had they couldn't get the newer ones. People overinvested in things they didn't understand and warped math and shallow media fed the problem. The linked roundtable has AI and financial experts giving a realistic picture of the situation

Ed Zitron: Microsoft Has $80 Billion Of AI Chips It Can't Plug In​




Bigger Than AIG: The AI Debt Secretly Buried in Your Insurance - Dan Oliver​

“The AI boom is not a stock story. It’s a debt story.” Dan Oliver explains how AI infrastructure debt could spread through private credit and insurance companies, potentially triggering another wave of Fed bailouts.

America’s $10tn AI infrastructure boom is starting to fray (FT)​

Click to expand...

Gold and Silver ripped for a year. Got over their skis. They have to digest the move. NVDA stock did the same. Countless other stocks have done the same.
 
R

RU05

All-American
Jun 25, 2015
15,251
9,483
113
Time to spend some of that quantam money.

Added to IOT.

Bought it originally on break out hopes. Seems like it's finally getting above the resistance level.
 
T2Kplus20

T2Kplus20

Heisman
May 1, 2007
32,691
20,707
113
RU05 said:
Time to spend some of that quantam money.

Added to IOT.

Bought it originally on break out hopes. Seems like it's finally getting above the resistance level.
Click to expand...
Got a trade alert for CLF. Playing for a move back to $20'ish. So calls out to March or June. $12 stop loss.
 
R

RU05

All-American
Jun 25, 2015
15,251
9,483
113
Added to CRWV.

It's been smoked, but at a support level and is holding on big volume, so far at least.

Remind me to sell this add if it goes on a run.
 
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R

RU05

All-American
Jun 25, 2015
15,251
9,483
113
T2Kplus20 said:
Got a trade alert for CLF. Playing for a move back to $20'ish. So calls out to March or June. $12 stop loss.
Click to expand...
Been done owned it.

At $13.92. $14 is so clearly a level it needs to break out threw, dating back 5 years. 1 year chart says it wants to.
 
R

RU05

All-American
Jun 25, 2015
15,251
9,483
113
RUAldo said:
How about CMG? Been hit hard lately.
Click to expand...
Looks like it's at a support level. Bounced here last Nov. Bounced here in June.

Do we think the business is turning around so as the stock can become investable? Otherwise a trade at best.
 
T2Kplus20

T2Kplus20

Heisman
May 1, 2007
32,691
20,707
113
RU05 said:
Looks like it's at a support level. Bounced here last Nov. Bounced here in June.

Do we think the business is turning around so as the stock can become investable? Otherwise a trade at best.
Click to expand...
CMG needs a turnaround catalyst. I just don't think the CEO and exec team are that good right now.
 
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R

RUAldo

All-Conference
Sep 11, 2008
5,351
3,872
113
RU05 said:
Time to spend some of that quantam money.

Added to IOT.

Bought it originally on break out hopes. Seems like it's finally getting above the resistance level.
Click to expand...
I have a medium size IOT position. One of my fav business models. I think about adding almost every week but haven’t pulled trigger. I’ll prob wait until earnings and if it’s good will add to my position on any pullbacks.
 
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