Investing General Discussion

Zog said:

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You didn't?

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You got pumpd and dumpd.

Lightning Lord Rule said:

DOCU at 132 and still falling... dayum.

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guh 2x

FB now in bear territory. -22%

Fogel said:

Most tech besides MSFT and AAPL are in or near bear territory at this rate.

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INTC is barely red today for some odd reason.

AMGN
Yippee!!

Those crazy bastards did it.

Took some of the sting out of today's bloodbath. OK, Boomer.

Jysin said:

Now the long weekend wait to see how much covid drama can get drummed up in the media.

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This news just dropped. Cross-posting for the market relevance.

Jysin said:

Now the long weekend wait to see how much covid drama can get drummed up in the media.

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Pain is only intensifying;

Zog said:

I didn't buy anything today, i would have just day traded clf had i got my price.

I personally believe omicron has been in circulation for months and it's only being tested since the south Africa news.

With increased testing you'll start to see huge numbers of it which is only natural that if you look for something you tend to find it...

Biden admin will have to take increasing actions to look like they are doing something.

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Dont worry, youre covered;

Gravel said:

This happened to me with PLTR. Several times.

Thought it was going back up when it hit $23. Bought back in.

Nope, it's down almost 7% just today, and 30% in the last month.

Think the easy money market shit may be over finally.

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I haven't been keeping up on Palantir lately but yeah it looks like the current dip has gone well below what it usually does. Normally the cycles have been pretty consistent. The chart looks like I bought in the last time it was low 20's (I didn't, but it sure looks like I did)

Fogel said:

What about LCID looks safe to you guys? Its only been trading at these levels for a month. It can drop to <30$ within a couple days at this rate

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I think Lucid is safe because it's an emerging company in the electric car market which is bound to see good days ahead. It's no Tesla yet but I've been hearing more and more people using the word "Lucid" in conversations about electric cars, which is anecdotal evidence but it tells me that it's emerging in public consciousness and has a ways to go potentially.

Palantir on the other hand is also fairly safe because Biden wants to spy on people.

Maybe "safe" is a poor choice of words though. Wouldn't be surprised to see EVERYTHING have a rough winter with the current policies going on (it'll be blamed on Omicron, of course).