Economy

[teachercd]

It’s basically a meme stock. Per Robinhood it has a P/E ratio of -87. If it had any other name attached to it, no one would touch it with a 10 foot pole. Any “gains” aren’t the result of it being a well run, profitable company. 
 

That being said, if I had some mad money to gamble, I’d consider snagging some if it was around $10ish. But $54? Yeah. Way too high. 

Totally agree.  

 

[Archy1221]

I have not followed it all that much but after that month long decline I should have known it would start to climb back up.  That would have been a really easy way to double your investment.  

I don't know if I like it at 54 though.

I haven’t followed it much at all either.  

 

[BigRedBuster]

It’s funny, the posters who were posting the downward charts quit posting about DJT. 

I didn't say when it is going to be under 10.  I would still love to see who is buying it propping it up because there is absolutely no fundamentals that say it should be where it is.

 

[BigRedBuster]

[No message]

 

[teachercd]

CB (Chubb insurance) was Buffets "secret stock" and now it is ON FIRE in the after hours...

I am guessing it will be rocketing tomorrow as well.  I just bought some.

 

[DevoHusker]

[No message]

 

[teachercd]

My god, is that accurate?  Almost 3k a month?

So happy I refied when I did and got in at 2.25

 

[Archy1221]

Thanks President Joe Biden (AKA Big Guy) 

 

[BigRedBuster]

Thanks President Joe Biden (AKA Big Guy) 

What policies has Biden enacted that caused this?

 

[Archy1221]

What policies has Biden enacted that caused this?

It was said in jest.  But in all actuality, the increased massive spending on top of the massive Covid spending caused this. 

 

[knapplc]

[No message]

 

[knapplc]

My god, is that accurate?  Almost 3k a month?

So happy I refied when I did and got in at 2.25

I refied and have about the same rate. I won't be leaving my house anytime soon. I can't afford a two-bedroom apartment for what my mortgage is now.

 

[teachercd]

I refied and have about the same rate. I won't be leaving my house anytime soon. I can't afford a two-bedroom apartment for what my mortgage is now.

Funny you say that, I was just looking at apartments, just to see what they are going for in the area and a 1 bed 1 bath (it was very nice looking) 850sqft was listed at 1350 a month!

 

[teachercd]

Sweet GL going to get investigated!  Uggggg!  Haha

 

[Fru]

Any of you fellow degenerates keeping up with the FFIE short squeeze?