tugofpeace
Pronouns: zie/zhem/zer
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Look at the details of the offering (lol)
Look at how many rate cuts are expected this year (lol)
Investing General Discussion
- Thread starter Furious
- Start date
Look at the details of the offering (lol)
Look at how many rate cuts are expected this year (lol)
Tmac
Adventurer
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Why not just look at how the stock is trending long term?
It seems like you’re using the most challenging metrics to guess where it’s headed, rather than just looking at the chart.
Jysin
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Sanrith Descartes
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tugofpeace
Pronouns: zie/zhem/zer
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Why not just look at how the stock is trending long term?
It seems like you’re using the most challenging metrics to guess where it’s headed, rather than just looking at the chart.
This was a $400 stock prepandemic and the reason it tanked was because of interest rate hikes. For the past few years they have improved their model and reached profitability a quarter earlier than estimated, without any reduction in interest rates.
What do you think happens when rate cuts arrive, for a stock with a low float and high short interest, that relies heavily on interest rates?
tugofpeace
Pronouns: zie/zhem/zer
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Ah yes, an irrelevant response due to lack of an actual argument in an effort to distract from the failure of their original post. Carry on.
Sanrith Descartes
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PYPL agrees with you 100%
Ps: One trait of a successful investor is being able to admit to yourself that you made a bad trade. Shit happens to all of us. Good investors admit it, learn from it and move on hopefully to not make that same mistake again.
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tugofpeace
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This entire discussion has nothing to do with admitting bad trades. Someone wants to take a jab at UPST due to an offering but refuses to read the fine print and then tries to deflect, that's on them.
I made a ton of money on UPST prepandemic and have been selling covered calls on this stock since then so my net cost basis is far lower than the $85 I have now. I'm not a bag holder. If I was, I would've sold at any of the various times it passed $85 such as Nov 2024, February 2025, or August 2025. But I didn't.
If I'm admitting anything was a bad trade, it's ZIM.
Jysin
Bronze Baronet of the Realm
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tugofpeace
comparing ANY stock price to the Covid euphoria is a fools errand. There was speculative money being thrown all around. Your assumption that this stock has tanked due to interest rates is highly misguided.
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Sanrith Descartes
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As a PSA to any new folks coming in to this thread. It was started back in 2016.
Blazin
and
Jysin
were posters #2 and #3. You will learn more just reading this thread than you will on all of your hot discord channels and investing "newsletters" combined. If you want to spend your investment dollars throwing darts blindly at the dartboard chasing the next meme stock, then by all means, have at it. If instead you prefer to actually learn and understand investing, put in the work and read the previous 800+ pages.
Blazin
and
Jysin
were posters #2 and #3. You will learn more just reading this thread than you will on all of your hot discord channels and investing "newsletters" combined. If you want to spend your investment dollars throwing darts blindly at the dartboard chasing the next meme stock, then by all means, have at it. If instead you prefer to actually learn and understand investing, put in the work and read the previous 800+ pages.- 2
Sanrith Descartes
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Kithani
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I don’t disagree but I like post #3 basically saying “this could turn it around for GE” in Aug 2016 is pretty funnyAs a PSA to any new folks coming in to this thread. It was started back in 2016.
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Sanrith Descartes
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One thing I have observed is that on the rare times I buy puts, I find that I really hate betting against the market. Its like, yes I want to make bank on this trade but at the same time I hate rooting against companies in general.
sleevedraw
Revolver Ocelot
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