Jump to content
View in the app

A better way to browse. Learn more.

Surly Horns

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business & Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Advertise... Tailgate Donations

Featured Replies

Can someone encourage me to yank the band-aid off?

 

I have a good bunch of shares of energy company accumulated through DSPP.  They are a gigantic blight when I look at my account.  I kept them due to part sentimentality, and part stupidity.

 

What they used to be worth, of what they could have been worth doesn't matter right?  Spoiled milk can't unspoil, and I wouldn't put a dollar in that security before putting a dollar elsewhere.

 

So I should just exorcise the whole thing.

 

I mean...just fucking hurts to look at it...

  • Replies 18.1k
  • Views 1.4m
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

  • Rusty Shackelford
    Rusty Shackelford

  • I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

Posted Images

3 hours ago, 52-80 said:

they're announcing synthetic bats.  risk free exotic eating

Think of the possibilities!  Drive an endangered species extinct?  No problem, just switch to Beyond Rhino!

35 minutes ago, 52-80 said:

Can someone encourage me to yank the band-aid off?

 

I have a good bunch of shares of energy company accumulated through DSPP.  They are a gigantic blight when I look at my account.  I kept them due to part sentimentality, and part stupidity.

 

What they used to be worth, of what they could have been worth doesn't matter right?  Spoiled milk can't unspoil, and I wouldn't put a dollar in that security before putting a dollar elsewhere.

 

So I should just exorcise the whole thing.

 

I mean...just fucking hurts to look at it...

 

If there's little to no chance it rises in the near term, and you're sick of owning it, why wouldn't you sell it? At least then you've got some cash to buy the looming dip/recession/depression 

 

1 hour ago, 52-80 said:

Can someone encourage me to yank the band-aid off?  I have a good bunch of shares of energy company accumulated through DSPP.  They are a gigantic blight when I look at my account.  I kept them due to sentimentality, and part stupidity.  What they used to be worth, of what they could have been worth doesn't matter right?   So I should just exorcise the whole thing. I mean...just fucking hurts to look at it...

 

giphy.gif

5 hours ago, Anastasis said:

Cramer on CNBC telling everyone to go read a history book.  This fucking guy. 

The market turned on a dime as soon as he said things were looking up.  I was starting to worry about the market running after I had gone to my cash positions...I know I posted about it when it happened but have to say it again, this guy is an absolute black cloud when it comes investor advice. 

2 minutes ago, ChiTownDoc said:

The market turned on a dime as soon as he said things were looking up.  I was starting to worry about the market running after I had gone to my cash positions...I know I posted about it when it happened but have to say it again, this guy is an absolute black cloud when it comes investor advice. 

Grade A clown. 

Fuck it, have been saving up...Bought 3 shares of Amazon.  I see it running for the rest of C19 BS and they're getting a lot of new customers that they'll keep.  Can blame this one on Cuban when it goes to hell in a handbasket...

1 hour ago, B00M said:

 

If there's little to no chance it rises in the near term, and you're sick of owning it, why wouldn't you sell it? At least then you've got some cash to buy the looming dip/recession/depression 

 

Stockholm syndrome.  Each tranche that was worth 5 figures, is now basically a loaded iPhone. Just sour to know these weren't grants, they came out of my fucking paycheck

42 minutes ago, ChiTownDoc said:

The market turned on a dime as soon as he said things were looking up.  I was starting to worry about the market running after I had gone to my cash positions...I know I posted about it when it happened but have to say it again, this guy is an absolute black cloud when it comes investor advice. 

I actually respect his opinion as a trader in many things.  Reading some of his books in the past has gotten me to think about how information comes into the market, and how it is disseminated from the mega-firms.   There’s a lot of reading between the lines that he experienced and was highly successful at, so I will give him that respect even though he drives me nuts and can be a crackpot when he lets his political or buddy-buddy feelings overwhelm his business acumen.  

Well, as an AAPL fanboy I had to get back into a small position today.

As a reminder...as I was working, watching the news, following the market and dealing with the day....I get a text from my daughter that her good friends dad just got diagnosed with liver cancer.

As much as this chaos is causing us...let’s not forget to count the blessings we do have.

25 minutes ago, 52-80 said:

Stockholm syndrome.  Each tranche that was worth 5 figures, is now basically a loaded iPhone. Just sour to know these weren't grants, they came out of my fucking paycheck

 

 

Fuck it I sold some 1-month calls against it.  If buyer takes the shares from me, good riddance.  If not, free KFC buckets for the whole family.

49 minutes ago, ChiTownDoc said:

Fuck it, have been saving up...Bought 3 shares of Amazon.  I see it running for the rest of C19 BS and they're getting a lot of new customers that they'll keep.  Can blame this one on Cuban when it goes to hell in a handbasket...

God damn, I knew you weren't hurting for money, but holy shit. Making it rain.

1 hour ago, ChiTownDoc said:

Fuck it, have been saving up...Bought 3 shares of Amazon.  I see it running for the rest of C19 BS and they're getting a lot of new customers that they'll keep.  Can blame this one on Cuban when it goes to hell in a handbasket...

Damn bro - for that money you could have bought you could have almost bought

1 - 6/18/2021 $3,600 call .... almost 1 option
or
1 -  6/18/2021 $1,500 put... almost 1 put
you might have to turn in your #stonk card for buying long and not going with futures.....the club will have a vote tonight

37 minutes ago, Wally Fairway said:

Damn bro - for that money you could have bought you could have almost bought

1 - 6/18/2021 $3,600 call .... almost 1 option
or
1 -  6/18/2021 $1,500 put... almost 1 put
you might have to turn in your #stonk card for buying long and not going with futures.....the club will have a vote tonight

 

8DFB32A0-C501-4AC5-A019-85865E42C0B2.gif

1 hour ago, 52-80 said:

Fuck it I sold some 1-month calls against it.  If buyer takes the shares from me, good riddance.  If not, free KFC buckets for the whole family.

 

giphy.gif

7 hours ago, Wally Fairway said:

Damn bro - for that money you could have bought you could have almost bought

1 - 6/18/2021 $3,600 call .... almost 1 option
or
1 -  6/18/2021 $1,500 put... almost 1 put
you might have to turn in your #stonk card for buying long and not going with futures.....the club will have a vote tonight

This man out here talkin' about LEAPs

200.gif

11 hours ago, Uncle Boobs said:

I'm taking it up the ass today.

Double Diamond:  Avatar and username check

today will be the last gasp in the market after another relief package ?

Is there any credible prediction on the first time unemployment number for tomorrow?
IMO it will be less, significantly, than the previous 2 weeks - because I'd think most mass layoffs happened earlier, then again I know Michy's system was overrun for several weeks and some people couldn't get their claims in when first let go.
Starting next week some will start to get called back, much bigger numbers in early May, related to PPP loans being funded.

Then again all of this could well be already priced into the market - but what do I know?

4 hours ago, 52-80 said:

today will be the last gasp in the market after another relief package ?

Why?  Are they running out of "Brrrrrr?"

9 minutes ago, Parliament said:

Why?  Are they running out of "Brrrrrr?"

not that the printer will run out of ink.  its the investors faith in the printer itself. 

30 minutes ago, Hefeweizen said:

Except if you keep buying SOXS .  Like me.

I was way too early on that one and got to my full allotment already.  I think my average price right now is just a smidge over $13.  Ouch.

17 hours ago, ChiTownDoc said:

 

8DFB32A0-C501-4AC5-A019-85865E42C0B2.gif

you're still in, but on triple public probation - expectations are very high that you will make better life decisions from this point forward

Mr. Penumbra's 24-Hour Bookstore by Robin Sloan

20 hours ago, ChiTownDoc said:

Fuck it, have been saving up...Bought 3 shares of Amazon.  I see it running for the rest of C19 BS and they're getting a lot of new customers that they'll keep.  Can blame this one on Cuban when it goes to hell in a handbasket...

You’re doomed. Barstool Davey Day Trader is long 5000 shares. He’s never right. 

42 minutes ago, TonyTexas said:

You’re doomed. Barstool Davey Day Trader is long 5000 shares. He’s never right. 

Well if he loses I’m ok taking it with him.  Can’t stand that fuck.  

3 hours ago, 52-80 said:

not that the printer will run out of ink.  its the investors faith in the printer itself. 

ConfuseUs says...



lookin forward to our KCRoyalfan(?) update
On 4/21/2020 at 8:08 AM, Tailgate said:

SBUX deal in China. Where they will be opening production at some point later this year.

I bought some more BYND. This is definitely a spec pick for me given its such a small cap. But I got the fever for some gambling so F it. 
 

it’s been quite a bounce back overall; may fun money account is down under 10% this year...not sure if it’s time to take $ off the table or just keep buying. Really no idea. Might just keep doing covered calls. 
 

Another one I want is SHOP if it pulls back $100. I’ve also never bought BABA, and might go that way soon too. 

23 hours ago, ChiTownDoc said:

Fuck it, have been saving up...Bought 3 shares of Amazon.  I see it running for the rest of C19 BS and they're getting a lot of new customers that they'll keep.  Can blame this one on Cuban when it goes to hell in a handbasket...

AMZN is overvalued and always will be.  I took a big leap of faith at $700 and it was overvalued then.

3 minutes ago, Aqua Buddha said:

AMZN is overvalued and always will be.  I took a big leap of faith at $700 and it was overvalued then.

Yep, I stopped fighting that. 

2 hours ago, BLKNSTY said:

 

 

 

Looking forward to idiots on Reddit panicking after realizing they have to take physical delivery of 1000 cattles after buying futures.

6 hours ago, TonyTexas said:

You’re doomed. Barstool Davey Day Trader is long 5000 shares. He’s never right. 

He started out with $5MM (or so), lost his ass the last month and is now long $11.8MM worth of AMZN?  How much stimulus money did that fuckhead get?

17 minutes ago, Fudge Nuggets said:

He started out with $5MM (or so), lost his ass the last month and is now long $11.8MM worth of AMZN?  How much stimulus money did that fuckhead get?

He got an investment that valued his company at $450m before the virus hit. Dropped $3m into E-Trade and walked into the casino.

Upped my AMZN today before earnings...it’s been so stupid not sure it will stop before full insanity is hit.

Also grabbed more BYND. When will our cattle start to get this shit?

Yall are going to have me #stonking before too long in my play account.

1 hour ago, Fudge Nuggets said:

He started out with $5MM (or so), lost his ass the last month and is now long $11.8MM worth of AMZN?  How much stimulus money did that fuckhead get?

Margin requirement for day trading is usually around 33% vs 50% for overnight positions. 

Another 4.3 million initial unemployment claims expected tomorrow.  Another bullish signal to the market?
Yes

38 minutes ago, Rusty Shackelford said:

Another 4.3 million initial unemployment claims expected tomorrow.  Another bullish signal to the market?

 

7 minutes ago, Parliament said:

Yes
 

it's already priced in the market  - - - {drumroll please} {make that a rimshot}

50 minutes ago, Rusty Shackelford said:

Another 4.3 million initial unemployment claims expected tomorrow.  Another bullish signal to the market?

Haha, you know that up is now down.

I'm going with the over on new unemployment claims.  However, that's still good news because that means fewer new unemployment claims next week.  Strong buy.

Edited by Colonel Sanders

7 minutes ago, Harrison Stafford said:

This market’s being driven by greed.  If you think this has a happy ending, you haven’t been paying attention.

Burnt's analogy with Nero is pretty spot on.

6 hours ago, Aqua Buddha said:

AMZN is overvalued and always will be.  I took a big leap of faith at $700 and it was overvalued then.

What the fuck are you talking about?  It's PE ratio is only 103!

But look at that sweet, sweet dividend!

Full disclosure I've been long AMZN since the 600s.

2 minutes ago, Beau Vine said:

What the fuck are you talking about?  It's PE ratio is only 103!

Amazon could turn the earnings machine on anytime they want. Bezos likes growth. 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...
Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business & Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Advertise... Tailgate Donations

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions → Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.