*gamble. An investment is something you do that's smart. A gamble is something you do without regard to math or basic common sense. This was literally just a $49.67 "let's see what happens when I follow toytoy's advice" fuck it let's have fun play. I'm in at 25 cents a share average, close to the bottom I saw today, so I'm not sweating it.
Wow, fuck China. Aside from "It's a beautiful country with a rich heritage," I don't think I've ever heard anything good about China. Evil government, unfair trading practices, counterfeit goods, rampant pollution, pee-pee in the Coke... Count me out.
Yeah, this was never meant as a long term hold. 5-6 weeks at the most, unless it completely tanks and costs more to dump than just sitting on it. I've had that happen before. I'm only in for $370, so I'm not losing any sleep over what happens. The Bayhorse Mining stock on the other hand, that is a long term hold and I'll probably add more. That one I did do due diligence on and it looks like a solid risk/return ratio, but it is definitely tied to what silver does.
@Nettdata you're into 3d printing right? Do you have an opinion on Nano Dimensions? The idea of 3d printed circuit boards is interesting to me. Might see if their stock ($NNDM) keeps falling and get in at some point. Or I might just forget about it like I do 98% of my ideas
The stock market is fixin' to get wild: Wild whipsaw after sloppy 7s sale shows short term capitulation for shorts I've seen the words "Abysmal" and "Horrific" used to describe today's 7 year auction.
Just my uneducated opinion: it's an area that might help the home hobbyist, certain one-off or low run design runs, but won't make any inroads with large manufacturing. Conductive ink won't be able to do the same job as classic PCB boards, pick-n-place bots, and reflowing solder. I'd love to see how they do a multi-layer PCB, for instnace. But really, I'm not the guy to listen to for ANY kind of due diligence on this stuff.
oh I don't expect any kind of DD anything. Morally I would never ask that of anyone. Again, whatever I'm messing with in fidelity is just for fun. I have a 401(k) that I started real young and is looking very nice right about now. If one of the gambles I make on penny stocks hits it big, I might go get a lever action 30-30 or something for shits and giggles. Figured you would know if something like that was really fucking stupid though, and if the concept doesn't make sense at scale for industrial applications then I'm not interested. Time to go back and play in the sandbox I'm familiar with.
Meh, found one of their marketing kits: https://s23.q4cdn.com/747906804/fil...-17-NNDM_Pres-Coporate_Presentation-Final.pdf They seem to be able to do some interesting, multilayer stuff, and yeah, it's mostly for in-house R&D type stuff. Just read some analysis, and the stock is as low as it is because they are doing a bunch of direct placements... even though they have $900 million in the bank. On $3.5 million sales. Rumour is that they're going to go acquire something to help them out of the slump. Who knows. They have raised over $1b, debt free. That's an interesting position to be in, post-COVID.... lots of runway to survive, compared to others. So yeah... who knows?
I don't know if this actually applies, but when I said this: It was in reference to a PCB manufacturer I held about 20 years ago. And not just any manufacturer, they were the largest PCB manufacturer in the world at that time with three plants in different countries. I imagine somewhere out there in cyber space my old account still exists with 1000's of shares of that company that aren't worth the ones and zeros used to store the information. That left me really gun shy of tech manufacturers, and PCBs in particular.
That market is kind of heating up for the hobbyist, though... the advent of RaspBerry Pi's, Ardiunos, etc, has led to a bunch of home-grown electronics guys, which is why places like https://jlcpcb.com/ are really taking off. I know a few people who have dropped a few grand to get a high quality desktop pcb milling machine, and are looking at home-grown pick-n-place machines. But yeah, who knows.
The company I'm talking about tanked around '03, when computers were really taking off. If I remember correctly they ended up over extending themselves by trying to expand to quickly and somehow went belly up as the largest maker of PCBs during the computer boom. That's a fuck up of epic proportions.
Pretty sure it wasn't. We're going back close to 40 years and a lot of dead brain cells. Asian markets are getting hammered. Our's are going to be ugly tomorrow.
That's the running joke about Osborne... V1 was amazing, and everyone was looking forward to V2. Then Fucktard Osborne comes out and says, "oh yeah? well, if you think V2 will be great, you should wait and see what V3 will be like!" So yeah... everyone skipped V2 and waited for V3, while no V2 sold, and the company went out of business as a result.
Asia put a beat down on silver too. Highly likely we see a crash tomorrow, today was just a precursor.
Interesting article on the GME short selling. https://prospect.org/power/gamestop-mess-exposes-the-naked-short-selling-scam/
You just gave me my good idea for the day with that. I currently have 200 shares at 0.25/share of that weird chinese bitcoin thing. Brain surgery knocked out my math (another reason I'm just fucking with stocks, because I don't understand anything beyond the basics), which is why I try to get the stonks at round numbers and simple fractions. I can do these maths. Also I'm an idiot, I know. So I put in a limit order GTC at 50 cents for 100 shares. That'll recoup what I spent on the chinese thing, and leave me half the position sit on for a bit and watch. Given how volatile it's been, I could see it hitting 50 cents in a week or so, which would time the return to Earth of GME perfectly. Because at $50 or lower, it's worth it to me to buy a share and see what happens. All of this is immensely entertaining. I started with like $300 in my fidelity account a few months ago. I got my entertainment value out of it at this point. Honestly surprised there's anything still in there.