Stocks

[Gandalf]

Stocks up again today the market can remain irrational longer than I can

It has no connection with reality. At this stage with all the printing the market economy has no meaning.

[walrus]

Stocks up again today the market can remain irrational longer than I can

It has no connection with reality. At this stage with all the printing the market economy has no meaning.

Definite big fed prop up. I’d like to see the feds balance sheet. There are some companies reporting well, covid has benefited the bottom line of several companies and the major companies that are struggling now have the reserves and abilities to make it through this. It’s the smaller companies that can’t ride out a long term thing like this. So in the end the mega corps will end up bigger. Restaurants especially concern me. Microsoft is faring well with increased work from home and internet security is in high demand. Most of it is shit but still pumping up.

[Gandalf]

Stocks up again today the market can remain irrational longer than I can

It has no connection with reality. At this stage with all the printing the market economy has no meaning.

Definite big fed prop up. I’d like to see the feds balance sheet. There are some companies reporting well, covid has benefited the bottom line of several companies and the major companies that are struggling now have the reserves and abilities to make it through this. It’s the smaller companies that can’t ride out a long term thing like this. So in the end the mega corps will end up bigger. Restaurants especially concern me. Microsoft is faring well with increased work from home and internet security is in high demand. Most of it is shit but still pumping up.

Totally. Small businesses are really done for and I have no interest in seeing franchises dominate the world. I always go to independent coffee shops. It is cheaper and it means more to support them, the notion of ruining them all is a bit sick. My wife thinks I am a bit odd with my dislike of Starbucks, but I think it is overpriced, full of hipsters, and the coffee isn't as good.

[walrus]

Found this quite funny Williams is good but second one is also funny. Is it worth being on twatter

https://mobile.twitter.com/scheplick...64068540022787

[X]

Starbucks is the devil's spunk. My uncle is a coffee grower in Tanzania and their buyers are absolute cunts.

I have never spent a single penny in a coffee shop.

Thats because I really like good coffee.

Buy nice coffee, make it properly at home and enjoy it.

Also, I like to sip my coffee and stroke my cat while imagining myself as a Bond villain.

[NoSavingByTheBell]

Starbucks is the devil's spunk. My uncle is a coffee grower in Tanzania and their buyers are absolute cunts.

I have never spent a single penny in a coffee shop.

Thats because I really like good coffee.

Buy nice coffee, make it properly at home and enjoy it.

Also, I like to sip my coffee and stroke my cat while imagining myself as a Bond villain.

I got a $50 Starbucks gift card for Christmas, I just sold it to my Nepali neighbor for $40, I wouldnt buy anything from Starbucks if you paid me, literally.

[walrus]

I just read a lot of shit we buy that’s made in China is made by forced labor in the Muslim camps. Up to 80% of clothing may be made in those re-education camps. Can’t say I’m surprised I just hadn’t heard that prior. And wtf does zoom have their servers in china? Oh yeah money

[walrus]

Starbucks is the devil's spunk. My uncle is a coffee grower in Tanzania and their buyers are absolute cunts.

I have never spent a single penny in a coffee shop.

Thats because I really like good coffee.

Buy nice coffee, make it properly at home and enjoy it.

Also, I like to sip my coffee and stroke my cat while imagining myself as a Bond villain.

X I know nothing of Starbucks. Don’t they advertise that they use only fair trade suppliers? I know people have done well on the stock itself it’s just not one I follow. They attract that liberal crowd I thought they were really into environment and treating their coffee connections good. I think I’ve been in a Starbucks three times in my life, I just want coffee I don’t need some crazy half calf venti late frio bullshit.

And if they are buying coffee at slave labor prices they are doing a good job projecting the opposite

[TIC]

gill bates' father was involved with starbucks. that's all you need to know

[Dark Lord Al]

Over rated.

[walrus]

I was talking to my Guyanese coworker today asking her how the companies 403b is doing. I’m not in it yet as I’m new I’m was just wondering how it is performing. She told me she didn’t know she wants to learn investing but has no clue how it works (she is a bright girl has a BS in psych and an AS in mechanical engineering) anyway she asked me if I could explain investing to her I said it’s very easy Jpow printer goes brrrrrrrr and stonks go up. I think she caught on but I’m going to give her some investment magazines to look over. This girl is a solid ten years younger than me, probably more but I’ll say ten to make myself feel better, I’m 75% sure I could shag this girl I know her life story and I haven’t even been working at the place for two months yet. She is a very honest decent person if I wasn’t married I think I would give it a try.

PS it very well could be I’m misreading the situation and she just thinks I’m friendly and fun to talk to like I think of her, doesn’t matter anyway I couldn’t break the vow I made

[walrus]

So anyway the topic of the day is peloton. A stock my wife bought prior to wuhan. I told her not to, it was on its way down than wuhan hit. Shit has now more than doubled. Peloton does those exercise bikes you hook up to the internet of things and peddle away. As you can tell I don’t know much about peloton other than it’s numbers, they are losing 20cents a share. To me it should be a pure dog of a stock. Wuhan and Jpows printer turned it into a money maker. Now it just about timing, the hardest part. When to sell before it being ridiculously overpriced piece of doo doo which I still believe it to be becomes the general consensus and everyone looks to exit it.

[walrus]

I was talking to my Guyanese coworker today asking her how the companies 403b is doing. I’m not in it yet as I’m new I’m was just wondering how it is performing. She told me she didn’t know she wants to learn investing but has no clue how it works (she is a bright girl has a BS in psych and an AS in mechanical engineering) anyway she asked me if I could explain investing to her I said it’s very easy Jpow printer goes brrrrrrrr and stonks go up. I think she caught on but I’m going to give her some investment magazines to look over. This girl is a solid ten years younger than me, probably more but I’ll say ten to make myself feel better, I’m 75% sure I could shag this girl I know her life story and I haven’t even been working at the place for two months yet. She is a very honest decent person if I wasn’t married I think I would give it a try.

PS it very well could be I’m misreading the situation and she just thinks I’m friendly and fun to talk to like I think of her, doesn’t matter anyway I couldn’t break the vow I made

By the way my new friend got the job at Yale. She is very happy. Gave her notice last week. Oh well.