Investing General Discussion

M Power

M Power

Bronze Knight of the Realm
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Khane said:
INOD ripping up again today.

I'm guessing we will continue seeing this in the AI space until OpenAI and Anthropic have their IPO's later this year, money funnels into those, and the momentum either continues for another year or two, or the private/spv money hits the eject button for immediate gains and those stocks tumble hard right away.
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If you believe the analysts they've been saying 2026 and 2027 will continue upward. 2026 was supposed to be choppy first half of year. So far they've been right.
 
Burnem Wizfyre

Burnem Wizfyre

Log Wizard
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Khane said:
There are very few companies "dipping their toes" in actual AI.

What you're hearing, is companies lying about being AI companies and using nebulous terminology to package old fashioned software and services as "AI". The industry is full of snake oil.
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Technically my company uses AI, a guy wrote down 74192 instead of 71492 and they wanted me to correct it and send them a PDF of it, so I just had grok generate an image with the correction. I wasn’t about to spend 45 minutes driving back and forth for that shit.
 
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Khane

Khane

Got something right about marriage
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Every company uses AI. What I am referring to is companies then turning around and selling their products/services as AI simply because their employees leverage AI to do their normal tasks.
 
Haus

Haus

I am Big Balls!
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So PPI (Producer Price Index) came in pretty darn hot this morning...
1778678542634.png

Isn't that usually a precursor to Consumer Price Index moves?
 
Burnem Wizfyre

Burnem Wizfyre

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So I’m not rich, probably mildly retarded but I’ve had some good hits with AMC and GME but I’ve played the stock market like a casino more than anything in the past taking profits and bailing.

February 2025 inspired by a video on PoE a zero to Mirror series, I got an idea could I take 10,000 and pay off my house $120,000. So after today I’m feeling like I want to post this even though I fear I’m jinxing the shit out of myself.


IMG_1352.png
 
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Cad

Sheriff Cad

scientia potentia est
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Burnem Wizfyre said:
So I’m not rich, probably mildly retarded but I’ve had some good hits with AMC and GME but I’ve played the stock market like a casino more than anything in the past taking profits and bailing.

February 2025 inspired by a video on PoE a zero to Mirror series, I got an idea could I take 10,000 and pay off my house $120,000. So after today I’m feeling like I want to post this even though I fear I’m jinxing the shit out of myself.


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Those are great gains man, good job. If you've been in something risky I'd probably look at diversifying it, what are you invested in?
 
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Burnem Wizfyre

Burnem Wizfyre

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Cad said:
Those are great gains man, good job. If you've been in something risky I'd probably look at diversifying it, what are you invested in?
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Risky shit you’ve never heard of, I started off playing with this stock CTMX, I had noticed it loved to have 10 cent swings and I thought man if I do that enough in a year I could double it. I was doing ok the first year was up to 18k, then earlier this year it fucking exploded from 1.40ish it was hovering around and went up to 5 but at around 30k I bailed thinking this shit won’t last. While it did calm down from the $5 it went to (3.78 currently) I pulled out way early at under $3.

While all this is going on another stock I’ve always watched (Huma) and liked had bottomed out, last year it was 2.93 and it dropped all the way to .54 which is absurd to someone as retarded as me and since I got out of CTMX it seemed like a great bargain price, it seemed like it had reached its bottom and stabilized and I bought 29k worth of shares at .71 and it’s currently sitting at 1.11 and it’s expected to hit 1.50 fairly easy and maybe maybe 3 by the end of the year.

I’m retarded and Forrest Gumping my way through this. I will admit AI is amazing once I convinced it to just accept that I’m retarded and I want all my questions explained to me like I’m retarded.
 
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Cad

Sheriff Cad

scientia potentia est
<Nazi Janitors>
33,693
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Burnem Wizfyre said:
Risky shit you’ve never heard of, I started off playing with this stock CTMX, I had noticed it loved to have 10 cent swings and I thought man if I do that enough in a year I could double it. I was doing ok the first year was up to 18k, then earlier this year it fucking exploded from 1.40ish it was hovering around and went up to 5 but at around 30k I bailed thinking this shit won’t last. While it did calm down from the $5 it went to (3.78 currently) I pulled out way early at under $3.

While all this is going on another stock I’ve always watched (Huma) and liked had bottomed out, last year it was 2.93 and it dropped all the way to .54 which is absurd to someone as retarded as me and since I got out of CTMX it seemed like a great bargain price, it seemed like it had reached its bottom and stabilized and I bought 29k worth of shares at .71 and it’s currently sitting at 1.11 and it’s expected to hit 1.50 fairly easy and maybe maybe 3 by the end of the year.

I’m retarded and Forrest Gumping my way through this. I will admit AI is amazing once I convinced it to just accept that I’m retarded and I want all my questions explained to me like I’m retarded.
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I know what at least some of those words mean. Sounds scary.

Shocked Dog GIF
 
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