Zog
Blackwing Lair Raider
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Investing General Discussion
- Thread starter Furious
- Start date
Wingz
Being Poor Sucks.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,529
- 107,623
Finally filled out my position in SPIR. Grabbed more at $1. Got my cost basis down to $2.38
Half my cash in this position is profits from my original flip when it was a SPAC.
If it grows into something I am gonna be Farmer
Blazin
rich. If it don't hit and heads for the pink sheets then I will keep flipping burgers at McDonalds.
Half my cash in this position is profits from my original flip when it was a SPAC.
If it grows into something I am gonna be Farmer
Blazin
rich. If it don't hit and heads for the pink sheets then I will keep flipping burgers at McDonalds.- 1
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Wingz
Being Poor Sucks.
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What a winner!
www.bbc.com
Just got the nobel prize yesterday winning an award for Central Banking while central banking is starting to fail.
Ben Bernanke, former US Federal Reserve chief, wins Nobel Prize
Ben Bernanke, who led the Fed through the financial crisis, is one of a trio to scoop the award.
www.bbc.com
Just got the nobel prize yesterday winning an award for Central Banking while central banking is starting to fail.
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Wingz
Being Poor Sucks.
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Mass Layoffs are here. Market to go up?
www.bloomberg.com
Intel Plans Thousands of Job Cuts in Face of PC Slowdown
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
www.bloomberg.com
Jysin
Ahn'Qiraj Raider
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Economic slowdown may be one reason, making sub-par and expensive processors is the more relevant reason. AMD have really been showing Intel up for a while now. Like the good old 2000s era, Intel finally has some competition and are caught sandbagging innovation and AMD are reaping the rewards of Intel's laziness / complacency.Mass Layoffs are here. Market to go up?
Intel Plans Thousands of Job Cuts in Face of PC Slowdown
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
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Sanrith Descartes
Veteran of a thousand threadban wars
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SPIR - I wish they would announce some fake agreement with SPACEX so the stock would moon on the name recognition (pun intended).
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Sanrith Descartes
Veteran of a thousand threadban wars
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Arden
Blackwing Lair Raider
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And this is why my only positions have been inverse so far this year. All year I've been listening to people say that things can't get much worse and there's going to be a rebound soon, and I should take my profits and run. But every single macro indicator has remained negative and many have gotten worse. Best thing I've done is ignore the market noise and focused on the facts.
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Aldarion
Egg Nazi
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You've got bigger balls than me holding inverse ETFs at SPY 357! I missed some profits by leaving early but its been fun riding TQQQ up the little nonsense rallies.
Speaking of which SPY, tap tap tap, we're waiting
I have come to believe that in the short term, right now, the market response is dominated by the gamblers fallacy. Longer term trends take lots more into account of course and who knows where we're going
Speaking of which SPY, tap tap tap, we're waiting
I have come to believe that in the short term, right now, the market response is dominated by the gamblers fallacy. Longer term trends take lots more into account of course and who knows where we're going
Mist
Eeyore Enthusiast
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PC slowdown because people are going back to the office. PC sales were way up when millions of people needed a PC at home for work, or companies needed to deploy millions of laptops to send everyone home.Mass Layoffs are here. Market to go up?
Intel Plans Thousands of Job Cuts in Face of PC Slowdown
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
Logitech made so much fucking money off webcams and would have made even more if they could have kept them in stock.
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Jysin
Ahn'Qiraj Raider
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Not to mention simple upgrade cycles. So much covid bucks handed out, work from home, and a few other factors of the PC demand of the last 2 years. So take all of those who have upgraded recently. How many are actually clamoring to go right back out and buy ground-up PC builds again? The usual upgrade cycle for mainstream users is likely 4-5yrs (my guess) and others evern longer.
Of course we have cooling sales for the CPU / GPU market. (GPUs moreso with the crypto implosion)
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Bro I'm limping along a 1070 and will until I can't use it or it blows up.
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