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Posts posted by Wally Fairway
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1 hour ago, Armybrat said:
I passed on Dell @ $7 or $8 when it IPO’d thirty some years ago.
If we are doing this - I think it was around $12 when Apple introduced the iPod, I decided to wait and didn't pick any up at that point. To be honest I would have averaged out of 1/2 of it at $40, and some of the rest around $100; but still my bank account cries when I think about that
(Googled this.....and I cried)
QuoteThe first iPod was released in November 2001 and could hold up to 1,000 songs with a 10-hour battery life, all for the price of $399. On the first day of trading after the product's release date, the stock bounced around to eventually finish an unimpressive 5 cents up at $9.38. However, a week later on Nov. 19, Apple would close at $10.00 per share, a 6.6% increase.
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So Mrs Fairway & I each had Dr. appointments on June 4, and we both went with each other to those appointments. Mrs. Fairway gets a call today from a contact tracer, they suggest getting tested due to contact at a Dr. appointment; it has to be her Dr office as they contacted her. So she is debating going for the test, I tested negative as of last Saturday, so to some degree I should be good - should I make her sleep in the garage, or put the tent up in the back yard for her until she gets test results???
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7 minutes ago, ChiTownDoc said:
S/P sub 2800 is all but guaranteed...but when? Have some bullets left. Still 25% cash and I'm not putting shit in until we drop well below this. Oil still up from where I got in...if it gets back to where it was we'll be at right about S/P 2700/2800 and I'll fire more bullets. But that dead cat has some serious bounce to it...
Looks like somebody forgot a couple of things:
a) it is already priced in
ii) Brrrrrrrrrrrrrrrrrrrr(actually looking at buying some SPY puts, as the Fed isn't going to do anything today, IMO, and the unease will grow if/when people realize the economy isn't jumping back to capacity - and that jump has already been priced in) - glad I sold most of my BA puts on Mon/Tues...it's amazing to see BA go from low 110's to 234 back down to about 175 all in a month, hell the drop is in about 4 days.
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8 minutes ago, 52-80 said:
SP down 2.5% Russel down 4.3%
my IWMp isnt complaining
S&P opens down 2.5%, NASDAQ down 2.1%, Russell 2000 down 2.6% -- DJIA bounces to down 2.8% (BA down 9.6%, RTX & XOM both down over 6%
Also this 4 year old article seem strangely relevant
https://www.marketwatch.com/story/10-hilarious-cartoons-about-the-stock-market-panic-2016-01-21especially this
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Elon has a succint tweet explaining stock price crossing $1,000
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30 minutes ago, 52-80 said:
Markets starting to fall like whoah
{whisper} don't look at the DJIA - it is a narrow market indicator, 1 or 2 good/bad components skew the results more than broader indicators (S&P 500, Russell 2000, etc)
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Leaderboard is live!!!
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22 minutes ago, Fudge Nuggets said:
Cancelled my $1.10 FTK buy order. Feels like it wants to go down to at least $0.95 if not lower.
I don't think we're going back to the March lows, but now probably isn't the best time to try and be a hero. Of course this bullshit selloff will probably be done by 10:00 AM because reasons.
Because LOL & jinxing the drop (we are not anywhere even close - S&P premarket is down about 85 or under 3%)
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Did you see what Elon had to say about Tesla stock price?
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52 minutes ago, Bevo&Pevo said:
in your spare time go dig up memorial park, consensus believes Byron Preiss buried a large ruby there somewhere as part of his treasure hiding scheme.
I dug up the Memorial Park golf course numerous times; never found a damned thing....not even my swing
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NOW - because:
a) changes haven't happened since MLK, so the clock has been ticking
b) COVID - people are tired of being confined
c) this one is different - video 8+ minutes, casual manor of murderer and nonchalance of other onlooking officers
d) escalation of protests due to threat of dominant response by POTUS (seems like telling them to "stay in your lane")
e) ever expanding reach of social media-
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19 hours ago, B00M said:
Well?! What do you expect from us?! Who else has shown us the goods?
I'm sure Whitman could repost that photo, or tweet it - be he's gone AWOL.
The funniest part of her posting was the introductory comment - it's not like I'm going to run for public office (attention whores are gonna attention whore) -
Are we not talking about NASDAQ crossing 10,000 yesterday, didn't close there but still.
All it took to push it was a pandemic, riots and a crazy election year. 2020 is epic, and fully irrational
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2 hours ago, Harrison Stafford said:
Texas does not have basements. You are a goddamned yankee.
LOL - jokes on you, everyone knows that PeeWee found his bike in the basement at the Alamo!
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4 minutes ago, Fudge Nuggets said:
You're off a decimal point, it's going to $0.40 and we're all going to be getting it in the ass.
fify - I've jinxed it, as of the last couple of days I'm in
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5 hours ago, woohorn said:
Always wondered why the "come and take it" Twin Sisters still have never been found.
Any of you Einsteins have leads?
https://en.m.wikipedia.org/wiki/Twin_Sisters_(cannons)
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53 minutes ago, Tailgate said:
NKLA is Tesla’s first name. Acting very much like it. Anyone want an electric pick up truck?
well fucking fuck me - my son asked me about Nikola in December/January, he'd heard about them and was pretty excited. But they were privately held and I forgot about them; and they go public in March by merging with a public shell company to fast track getting listed....could have bought them when it was still a #stonk for $12.....not even a swing and a miss on my part, just standing there with a bat on my shoulder and not even realizing the ball was in play
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On 6/5/2020 at 8:16 PM, sbcttu said:
Yeah Colonial didn’t build any stands or hospitality tents.
What will the players do without those bleachers to backstop shots over the greens?
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I want to see the contents!
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On 6/6/2020 at 8:25 AM, Wally Fairway said:
I just took my Covid test, medical procedure scheduled for Tuesday. I'll know on Monday if I've got the Rona, if not prostate biopsy on Tuesday.
Been good knowing ya!
COVID test came back negative - so they can drive the Mars rover up my keester tomorrow morning and do some sampling.
Good times - see y'all on the other side.-
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On 6/5/2020 at 11:15 AM, Wally Fairway said:
LOL - I wish I was 50% invested in the market, unfortunately I've short the market via puts. The only thing saving me is a long SPY position that my puts started out as a hedge against, and a lucky guess on buying BA $125 calls that are printing money (and now I'm sure I've jinxed that one too)
Sold about 35% of my BA calls, covered the entire cost + profit of almost 90%, I hate to not let it ride...but nobody goes broke covering costs and taking something off the table.
Markets can't go up forever, BA is on a tear, time to make sensible choices ...... who am I kidding, the Fed gonna Fed and brrrrrr machine gonna brrrrr
I'm thinking about buy some SPY $375 calls...or why not $400 - markets only go up.
Wheeeeeee!!!-
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On 6/5/2020 at 3:41 PM, Eastwood said:
I took all my profits today. I'm sure I'll wince come this time in July about what could have been, but make hay while the sun shines. Losses hurt more than unrealized gains.
let me ask a technical question......what are profits????
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Surly #Stonks
in 6th Street Journal
Posted
better hurry dude - alpp is up $0.002 today