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    Default Re: Stocks

    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.
    Last edited by walrus; 07-03-2020 at 02:56 AM.

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    Default Re: Stocks

    Gold is holding up alright although I think it could have done better during this crisis I have read some stories about an effort to manipulate gold by keeping its price from spiking as that would create fear in the economy. You can read 1,000’s of articles about the manipulation of gold and silver I just don’t know what is what.

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    Default Re: Stocks

    Gold is strong enough and don't forget it was around 1050 only a few years ago. It is an 80% increase on that.

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    Default Re: Stocks

    Quote Originally Posted by walrus View Post
    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.

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