OT: Stock trading

[Excalibur]

Humor detector fail . . .

 

[HuskyHawk]

Humor detector fail . . .

No, I got it. Just wanted to tell my dumb story.

 

[Dogdeacon]

It wasn't my choice. But I was at my local brewery the other day, talking to the owner, as the land adjacent to his business and in about 10 acres behind it is all being developed, and all of it is a grow facility. The third one in town. So, as a REIT, it may be one of the very few commercial real estate areas that is growing.

It does seem like a great bet as long as they stay small. Big banks institutions won’t touch cannabis until it is federally legal, risk of bottom dropping out. But the owners that can/will accept pot uses get a premium for it. So They can create value bc pot pays really high rents.

 

[temery]

That’s pretty cool. Based on what’s being built two miles from me it makes sense. Yes, I can trade it on Fidelity.

How long does it take Fidelity to clear a deposit? I move the money five days ago and it's still not available to trade. Stock is up 6% in the past five days.

 

[HuskyHawk]

How long does it take Fidelity to clear a deposit? I move the money five days ago and it's still not available to trade. Stock is up 6% in the past five days.

I don’t know but account generation usually takes time. My deposits hit pretty quickly.

 

[StllH8L8ner]

How long does it take Fidelity to clear a deposit? I move the money five days ago and it's still not available to trade. Stock is up 6% in the past five days.

Apply for margin on your account. You’ll go into a debit (and get charged a % on the debt) but you can trade right away until the money clears. Assume it would work for OTC stocks but I haven’t done it.

 

[Scud49]

NLST - currently in court vs Samsung, Micron, and Google for stealing their technology. This one could really pop when its all said and done.

 

[Scrappy3]

I have two longer term stocks
One I have been buying since 2014(gsit)
The other ticker is (ATOM) owned since

I only own two stock
1 is Gsit many different purchases since 2014 cost average is slightly below 6 trading in upper 7s. Certainly not a great return so far for 7 years ownership and all my e tra cash. 21500 shares
#2 has been my big winner of my lifetime ATOM owned now for 4 years cash avg also slightly under 5.50 trading close to 30( was over 40) 6700 shares
Maybe only person to lose money on Bitcoin trading twice so no more for me

GSIT is finally ready to roar. zi sold atom and bought it back for a biggie--now hold 3x supply

 

[Scud49]

More info on Netlist:

 

[Sick Puppy]

In this house of cards I've got 4 aces in the hole. Physical gold, silver, short term treasuries and cash. Comfy and waiting for blood in the streets.

 

[CTBasketball]

In this house of cards I've got 4 aces in the hole. Physical gold, silver, short term treasuries and cash. Comfy and waiting for blood in the streets.

Going to get bad.

 

[Sick Puppy]

Going to get bad.

I’d say worse than bad.

 

[uconntoatl]

Patience will be key, but Chainlink is well positioned

Swift explores blockchain interoperability to remove friction from tokenised asset settlement | Swift

We’re collaborating with the Swift community globally to test how institutions can use their Swift connection to seamlessly interoperate with the multitude of blockchain networks emerging around the world.

www.swift.com

 

[temery]

So you think it's still a buy at $30? I'm torn.

no

 

[uconntoatl]

Chainlink Launches Cross-Chain Protocol to Bridge Blockchains With Traditional Capital Markets - Decrypt

Chainlink is now connecting transactions from one blockchain to another blockchain that were previously unable to communicate—-think back in the day if you had Gmail, you werent able to send an email to someone who had a Yahoo email. Chainlink is the backend system connecting traditional markets onto the blockchain seamlessly.

Chainlink is also working with various banks with this Cross Chain Interoperability Protocol. Just google Swift x Chainlink.

 

[HuskyCLT]

Crypto is set to take off in the next year. Ripple lawsuit is over, hopeful Bitcoin/crypto ETF getting approved, increasing mass adoption worldwide. Continuing to buy while it’s still early!

 

[huskypantz]

Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?

 

[I Bleed Blue]

Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?

I sold on the way up at $230, $275, and $360 with my cost basis at $180. I sold so that means it’s gonna continue to rocket to $600+ and then split

 

[B1GEast]

Crypto is set to take off in the next year. Ripple lawsuit is over, hopeful Bitcoin/crypto ETF getting approved, increasing mass adoption worldwide. Continuing to buy while it’s still early!

That all depends on how quickly the Fed moves forward with CBDC's and their Fednow service.

Fednow can potentially replace the need for XRP's cross border payment transactions.

If I were to be investing in crypto it would be in Bitcoin or Ethereum. Ethereum's level two solutions reduce the need for so many other chains out there. That's just my two cents.

 

[B1GEast]

Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?

At the premium that NVIDIA is selling at,, I'm not sure how much more growth is in that stock. I think there are better plays than NVIDIA that have more growth potential, but that's just me. It's a solid company non the less.

 

[Drame]

Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?

Long Haul all the way. Tech has a long future despite this tiny blip of the past two years. NVDA might be the best positioned of anyone, including apple. The rich will get richer. Dont see any new young players making a play for a while.

 

[Drame]

At the premium that NVIDIA is selling at,, I'm not sure how much more growth is in that stock. I think there are better plays than NVIDIA that have more growth potential, but that's just me. It's a solid company non the less.

The next 3 waves of economic growth will come from AI (NVDA and others), Quantum computing (current tech giants) anf Fusion energy (?). Each one of these equals about the internet' growth worth of growth.

 

[B1GEast]

The next 3 waves of economic growth will come from AI (NVDA and others), Quantum computing (current tech giants) anf Fusion energy (?). Each one of these equals about the internet' growth worth of growth.

That may be so, but are you certain that NVIDIA is the right play?

There are many new companies creating photonic chips for quantum computing and if the open source
RISC V architecture ends up winning the battle over ARM, what happens to NVIDIA then.

Don't get me wrong, NVIDIA is a solid company to own, but again at that premium, in my opinion you can find better growth opportunities if that's your investment strategy.

 

[Drame]

NVDA has such an advantage right now. They will be in QC as well. It comes down to which companies are the smartest and who do you trust. NVDA and Apple are still that. I see 5X and 10X multiples for them in the next 10 years easy. It may not be 100X of some small company but predicting that small company would be a guess.

 

[HuskyHawk]

NVDA has such an advantage right now. They will be in QC as well. It comes down to which companies are the smartest and who do you trust. NVDA and Apple are still that. I see 5X and 10X multiples for them in the next 10 years easy. It may not be 100X of some small company but predicting that small company would be a guess.

They do have a nice edge right now. Glad I bought it when Nancy did. But I'm dumping it in August when I hit long term (MA has 12% tax on ST gains). The multiple is just silly. It reminds me of AOL in the late 90s. I crunched some math then, and for AOL to ever have the revenue Ford had it needed to grow at 20% a year for like 30 years. Yet the stock was worth far more that Ford.

NVDIA is also huge in gaming and gaming is huge. But I'll take my chips and leave the table.