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OT: Stock and Investment Talk

RULegion said:
Should we restart the thread so it is less political and more about stocks
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We should broaden the focus to include all investment options, not just individual stocks (which is essentially what this thread morphed into).
 
Sell or Short before the earnings.
Stocks have gone up too much real fast.
Time to sell and lock in the profits and buy after the earning session ends.
 
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BIGRUBIGDBIGredmachine said:
Care to elaborate?
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I'm not claiming to speak for him but everyone knows that Dems pretty much raise taxes and increase regulations and Republicans cut both, so when you vote for them you know what you are getting. That being said, I don't believe Joe is raising taxes back to what they were before Trump so corporations will still be paying less then they did a few years ago.
 
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this battle between the "haves" and the "have nots" have been going on since the dawn of time. the only difference today is more than 90% would categorize themselves as among the "have nots".

the unemployed think those making $50k or more should be taxed more. those making $50k think those making more than $100k should be taxed more. those making $100k think those who make $450k are rich and should be taxed more. those who make $450k think you break the million dollar mark you should definitely be taxed more. those who make measly 1 or 2 million a year think billionaires should be taxed more and ...............

nobody ever looks at the mirror. the problem always gotta be someone else.

when YOU start to run short on your monthly budget, what is the first thing you do? eh? don't you look for expenses to cut? so why is it when it comes to government spending - when there's a budget shortfall - the first thing that people do is look for how to add funds (via taxes)?

do you know how 3rd world countries became third world countries? because at some point the private sector no longer could support the expenses of the public sector - that happens and BOOM. the Bernies of the world don't understand this. socialism? oh, it's great - until you run out of other people's money.
 
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RU2055 said:
this battle between the "haves" and the "have nots" have been going on since the dawn of time. the only difference today is more than 90% would categorize themselves as among the "have nots".

the unemployed think those making $50k or more should be taxed more. those making $50k think those making more than $100k should be taxed more. those making $100k think those who make $450k are rich and should be taxed more. those who make $450k think you break the million dollar mark you should definitely be taxed more. those who make measly 1 or 2 million a year think billionaires should be taxed more and ...............

nobody ever looks at the mirror. the problem always gotta be someone else.

when YOU start to run short on your monthly budget, what is the first thing you do? eh? don't you look for expenses to cut? so why is it when it comes to government spending - when there's a budget shortfall - the first thing that people do is look for how to add funds (via taxes)?

do you know how 3rd world countries became third world countries? because at some point the private sector no longer could support the expenses of the public sector - that happens and BOOM. the Bernies of the world don't understand this. socialism? oh, it's great - until you run out of other people's money.
Click to expand...
Biden presented his tax plan and it’s out there for everyone to see, people will decide whether they agree with him and vote in November.

I think I am one of the “haves” as well as all my siblings, we don’t have to worry about money. We paid our taxes when the tax rates were much higher and never complained about paying their taxes. Now, younger ones “30-55” all they want is to not pay any taxes. I never heard so many people complain about their taxes.”The Spoiled Generation”. You don’t get free services without paying for it. Yes cut expenses but you have to balance the budget. If you need more money go out and earn more money.
 
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RU2055 said:
this battle between the "haves" and the "have nots" have been going on since the dawn of time. the only difference today is more than 90% would categorize themselves as among the "have nots".

the unemployed think those making $50k or more should be taxed more. those making $50k think those making more than $100k should be taxed more. those making $100k think those who make $450k are rich and should be taxed more. those who make $450k think you break the million dollar mark you should definitely be taxed more. those who make measly 1 or 2 million a year think billionaires should be taxed more and ...............

nobody ever looks at the mirror. the problem always gotta be someone else.

when YOU start to run short on your monthly budget, what is the first thing you do? eh? don't you look for expenses to cut? so why is it when it comes to government spending - when there's a budget shortfall - the first thing that people do is look for how to add funds (via taxes)?

do you know how 3rd world countries became third world countries? because at some point the private sector no longer could support the expenses of the public sector - that happens and BOOM. the Bernies of the world don't understand this. socialism? oh, it's great - until you run out of other people's money.
Click to expand...
Damn fine post, lots of common sense.
 
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rutgersdave said:
Biden presented his tax plan and it’s out there for everyone to see, people will decide whether they agree with him and vote in November.
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With all due respect, literally no one is going to vote for or against Biden based on this. The election is solely about you know who.

The government spends too much, wastes too much, and is in general incompetent. This is why everyone, the haves and have nots, don't want to pay taxes. There is little value or benefit. We have considered ourselves in the have category for about 10 years, once our income and assets were enough to cover our lifestyle with ease. We would be happy to pay more in taxes IF the government created programs that are proven to help people. Show us results.
 
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RU2055 said:
this battle between the "haves" and the "have nots" have been going on since the dawn of time. the only difference today is more than 90% would categorize themselves as among the "have nots".

the unemployed think those making $50k or more should be taxed more. those making $50k think those making more than $100k should be taxed more. those making $100k think those who make $450k are rich and should be taxed more. those who make $450k think you break the million dollar mark you should definitely be taxed more. those who make measly 1 or 2 million a year think billionaires should be taxed more and ...............

nobody ever looks at the mirror. the problem always gotta be someone else.

when YOU start to run short on your monthly budget, what is the first thing you do? eh? don't you look for expenses to cut? so why is it when it comes to government spending - when there's a budget shortfall - the first thing that people do is look for how to add funds (via taxes)?

do you know how 3rd world countries became third world countries? because at some point the private sector no longer could support the expenses of the public sector - that happens and BOOM. the Bernies of the world don't understand this. socialism? oh, it's great - until you run out of other people's money.
Click to expand...
Troof
 
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rutgersdave said:
Biden presented his tax plan and it’s out there for everyone to see, people will decide whether they agree with him and vote in November.

I think I am one of the “haves” as well as all my siblings, we don’t have to worry about money. We paid our taxes when the tax rates were much higher and never complained about paying their taxes. Now, younger ones “30-55” all they want is to not pay any taxes. I never heard so many people complain about their taxes.”The Spoiled Generation”. You don’t get free services without paying for it. Yes cut expenses but you have to balance the budget. If you need more money go out and earn more money.
Click to expand...


I do not know one person under 55 who doesn't want to pay taxes. That's not the issue. The issue is WHO should be taxed. What if I said, all people over 65 years old who earns more than 100k should be taxed more? Or how about this - all people who work in NON-ESSENTIAL industries such as the entertainment industry - sports, movies, etc should be taxed more? You know like cigarettes? Or maybe even this, how about people who stand to benefit from taxes, vis a vis, pensions, should be taxed more. Would that be fair?

Do you see where I'm going with this?
 
RU2055 said:
I do not know one person under 55 who doesn't want to pay taxes. That's not the issue. The issue is WHO should be taxed. What if I said, all people over 65 years old who earns more than 100k should be taxed more? Or how about this - all people who work in NON-ESSENTIAL industries such as the entertainment industry - sports, movies, etc should be taxed more? You know like cigarettes? Or maybe even this, how about people who stand to benefit from taxes, vis a vis, pensions, should be taxed more. Would that be fair?

Do you see where I'm going with this?
Click to expand...

And I see the equal protection clause standing in your way. And since everybody benefits from Social Security taxes, and pays taxes on their benefits if their income exceeds a certain small amount, I don't see where you're going with that one.
 
ru109 said:
I'm not claiming to speak for him but everyone knows that Dems pretty much raise taxes and increase regulations and Republicans cut both, so when you vote for them you know what you are getting. That being said, I don't believe Joe is raising taxes back to what they were before Trump so corporations will still be paying less then they did a few years ago.
Click to expand...
Yes and no. During their respective election campaigns, Clintoon vowed to not raise taxes, but of course flip-flopped once in the WH. Barry O. did vaguely say he wanted to raise taxes on the millionaires and billionaires to pay for a quasi-universal healthcare plan during his campaign (not sure people focused as much on that given we were in the middle of the financial meltdown panic) but he also ran on lowering payroll taxes.

Off the top of my head Biden is the first Dem candidate in recent memory to detail raising taxes in the thick of the campaign. He also has his free healthcare for illegals pledge on the public record too. This is why the Dems and Big Lib media are hellbent on making this election about Trump personally, not issues.
 
mdk01 said:
And I see the equal protection clause standing in your way. And since everybody benefits from Social Security taxes, and pays taxes on their benefits if their income exceeds a certain small amount, I don't see where you're going with that one.
Click to expand...

Point is, depending on perspective, people will always want someone else to foot the bill. Here is what many are missing, at some point, the flow of funds from the private sector will not be enough to pay for the public sector expenses. The economic ecosystem of balance between the public and private sector is not healthy. The current flow of funds is NOT sustainable. People don't want to believe that but it is true. Look at New Jersey, it is already the most business unfriendly state in the Union and as a result, businesses are leaving. But every time you hear an NJ politician talk - it's always about more tax for the rich (and who is that exactly?) and tax companies. Nobody talks about cutting expenses. And this is not a Democrat/Republican thing. New York is doing a great job cultivating a great business environment.

Here is a specific example. A friend of mine works as an Engineer for the TA. There is this unwritten rule in their department, when someone is about to "retire", his fellow colleagues punches him/her in and punches him/her out, so as to artificially inflate the overtime. Why? So that his/her retirement pension, calculated from the last three years of his/her salary, will be as high as possible. From what I understand, this is common at many government agencies. Is it a wonder then that there is consistent budget shortfall and in order to compensate, it's always about raising the tolls and tickets. Do you think this system is sustainable? If I were retired and collecting, I would want the system to be corrected so that I can continue my benefits - because unless it is corrected, at some point, it will stop - for everyone.
 
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RU2055 said:
Point is, depending on perspective, people will always want someone else to foot the bill. Here is what many are missing, at some point, the flow of funds from the private sector will not be enough to pay for the public sector expenses. The economic ecosystem of balance between the public and private sector is not healthy. The current flow of funds is NOT sustainable. People don't want to believe that but it is true. Look at New Jersey, it is already the most business unfriendly state in the Union and as a result, businesses are leaving. But every time you hear an NJ politician talk - it's always about more tax for the rich (and who is that exactly?) and tax companies. Nobody talks about cutting expenses. And this is not a Democrat/Republican thing. New York is doing a great job cultivating a great business environment.

Here is a specific example. A friend of mine works as an Engineer for the TA. There is this unwritten rule in their department, when someone is about to "retire", his fellow colleagues punches him/her in and punches him/her out, so as to artificially inflate the overtime. Why? So that his/her retirement pension, calculated from the last three years of his/her salary, will be as high as possible. From what I understand, this is common at many government agencies. Is it a wonder then that there is consistent budget shortfall and in order to compensate, it's always about raising the tolls and tickets. Do you think this system is sustainable? If I were retired and collecting, I would want the system to be corrected so that I can continue my benefits - because unless it is corrected, at some point, it will stop - for everyone.
Click to expand...

Pension spiking has been going on for decades and should be cracked down on.

What does the rest of this have to do with the equal protection clause of the Constitution preventing tax hikes on specific professions/work classifications? I said nothing about a tax hike hitting all at specific income levels.
 
RU2055 said:
this battle between the "haves" and the "have nots" have been going on since the dawn of time. the only difference today is more than 90% would categorize themselves as among the "have nots".

the unemployed think those making $50k or more should be taxed more. those making $50k think those making more than $100k should be taxed more. those making $100k think those who make $450k are rich and should be taxed more. those who make $450k think you break the million dollar mark you should definitely be taxed more. those who make measly 1 or 2 million a year think billionaires should be taxed more and ...............

nobody ever looks at the mirror. the problem always gotta be someone else.

when YOU start to run short on your monthly budget, what is the first thing you do? eh? don't you look for expenses to cut? so why is it when it comes to government spending - when there's a budget shortfall - the first thing that people do is look for how to add funds (via taxes)?

do you know how 3rd world countries became third world countries? because at some point the private sector no longer could support the expenses of the public sector - that happens and BOOM. the Bernies of the world don't understand this. socialism? oh, it's great - until you run out of other people's money.
T2Kplus10 said:
Damn fine post, lots of common sense.
Click to expand...
Click to expand...
So, so true.:ThumbsUp

As the great Margaret Thatcher said "The trouble with socialism is you eventually run out of other people's money"!
 
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BIGRUBIGDBIGredmachine said:
Yes and no. During their respective election campaigns, Clintoon vowed to not raise taxes, but of course flip-flopped once in the WH. Barry O. did vaguely say he wanted to raise taxes on the millionaires and billionaires to pay for a quasi-universal healthcare plan during his campaign (not sure people focused as much on that given we were in the middle of the financial meltdown panic) but he also ran on lowering payroll taxes.

Off the top of my head Biden is the first Dem candidate in recent memory to detail raising taxes in the thick of the campaign. He also has his free healthcare for illegals pledge on the public record too. This is why the Dems and Big Lib media are hellbent on making this election about Trump personally, not issues.
Click to expand...

Why do you say that? The Dems win on most issue too. Hell if Biden is smart he can claim he's raising taxing in order to be fiscally responsible. The Republicans have lost the ability to even pretend after running up huge deficits under Trump.
 
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rurahrah000 said:
Truthfully, taxes have become very low. I am fortunate to be in the highest tax bracket and I can tell you that myself and my colleagues in similar situation are not necessarily spending more money. There is only so much you can spend. In fact most of us are spending more on exotic vacations in Scandinavia, Maldives, Patagonia, Tahiti, Galapagos etc. so instead of taking 2 vacations in the US, one here and one in another country. More evidence that taxes are too low is that the companies that reduced their tax burden spent the money on stock buy backs instead of pumping back into the economy. If taxes are going up then I would want the money to be spent wisely and not to wasted. That is why we need moderate liberals and conservatives in power. They can sort of be a check on each other but civil enough to work with each other.
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I can't take you at face value
 
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@goru7 What happened to your CYDY darling? From $9B of revenue next year to the FDA refusing to file their HIV application?
 
chase07470 said:
Lol. Reality is there is a 14% unemployment rate.
Ballooned the deficit at a time of prosperity when he should have been cutting it.
Fed Balance sheet is nearing the point of a global financial meltdown.
Trump picks a trade war fight with China and ends up with a coronavirus pandemic he now says they intentionally seeded and spread in response.

Now he's further exacerbating the relationship with more verbal attacks. What's next World War 3?

Great job, Trump.
Go put on your mask and go get a job in retail. Oh wait, there is no more retail, or restaurants or bars.

Epic mess.
Click to expand...

So you're one of the China apologists that say US Servicemen/women invested the World with the Wuhan Virus ?

You would prefer he do what Obumma/Biden did to the federal deficit ?
(look it up, you'll shiver).

Did you and do you agree with Factui and others advising the shutdown of the USA economy ? .......send me some of your posts from Spring about Wuhan.

Trade War ? So you're OK with the extinction of the manufacturing class of Americans losing their jobs to the Chinese Communist Party ?
The theft of American intellectual property and the export of drug manufacturing, like antibiotics ?.

You're ok with China dumping all their plastics into the Pacific Ocean ?
Expanding their carbon emissions, while the USA reduces ours.
 
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ru109 said:
I'm not claiming to speak for him but everyone knows that Dems pretty much raise taxes and increase regulations and Republicans cut both, so when you vote for them you know what you are getting. That being said, I don't believe Joe is raising taxes back to what they were before Trump so corporations will still be paying less then they did a few years ago.
Click to expand...

You really have to peruse the 100 + pages of Joe's/AOC's manifesto.

They won't raise taxes back to where they were, they will going far and away OVER what was pre Trump levels.

Read and Heed.
 
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BigWill said:
So you're one of the China apologists that say US Servicemen/women invested the World with the Wuhan Virus ?

You would prefer he do what Obumma/Biden did to the federal deficit ?
(look it up, you'll shiver).

Did you and do you agree with Factui and others advising the shutdown of the USA economy ? .......send me some of your posts from Spring about Wuhan.

Trade War ? So you're OK with the extinction of the manufacturing class of Americans losing their jobs to the Chinese Communist Party ?
The theft of American intellectual property and the export of drug manufacturing, like antibiotics ?.

You're ok with China dumping all their plastics into the Pacific Ocean ?
Expanding their carbon emissions, while the USA reduces ours.
Click to expand...

Just sad the lies some believe.
 
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BigWill said:
So you're one of the China apologists that say US Servicemen/women invested the World with the Wuhan Virus ?

You would prefer he do what Obumma/Biden did to the federal deficit ?
(look it up, you'll shiver).

Did you and do you agree with Factui and others advising the shutdown of the USA economy ? .......send me some of your posts from Spring about Wuhan.

Trade War ? So you're OK with the extinction of the manufacturing class of Americans losing their jobs to the Chinese Communist Party ?
The theft of American intellectual property and the export of drug manufacturing, like antibiotics ?.

You're ok with China dumping all their plastics into the Pacific Ocean ?
Expanding their carbon emissions, while the USA reduces ours.
Click to expand...
Don’t worry by November nobody will even remember Trump again. It will be a sad past.
 
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ru109 said:
Why do you say that? The Dems win on most issue too. Hell if Biden is smart he can claim he's raising taxing in order to be fiscally responsible. The Republicans have lost the ability to even pretend after running up huge deficits under Trump.
Click to expand...
Dems can't win on the radical left agenda issues that Joe is getting run over with by the BolshevikBernie/Pelosi/Squad crew like free healthcare for illegals, sanctuary cities, defund police, killing fracking, etc. etc. Forget about Joe trying to "claim" fiscal responsibility--or being smart lol-- whatever they can raise in new taxes will be vaporized by the expanded welfare state with government-run healthcare (also covering illegals) and the TRILLIONS they want in reparations payouts.
 
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BIGRUBIGDBIGredmachine said:
Dems can't win on the radical left agenda issues that Joe is getting run over with by the BolshevikBernie/Pelosi/Squad crew like free healthcare for illegals, sanctuary cities, defund police, killing fracking, etc. etc. Forget about Joe trying to "claim" fiscal responsibility--or being smart lol-- whatever they can raise in new taxes will be vaporized by the expanded welfare state with government-run healthcare (also covering illegals) and the TRILLIONS they want in reparations payouts.
Click to expand...

Since this isn't suppose to be political lets agree to disagree.
 
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RU Cheese said:
@goru7 What happened to your CYDY darling? From $9B of revenue next year to the FDA refusing to file their HIV application?
Click to expand...
You are obviously terrible misinformed. Let me educate you. The FDA did not give it a PDUFA date for HIV in combination therapy because they wanted more data. It was not a flat out rejection , merely a delay. They are not requesting many more trials . One issue is that the syringes that would be packaged with Leronlimab were not properly labeled and it needs clarification and a meeting is being set up. The second issue is that the FDA wanted the data for the 700 mg dose for HIV , since their submission for the BLA was at their 350 dose for over 500 people in their trials. But because they are also seeking Leronlimab as a mono therapy drug for Aids , they completed a trial with dosing at 350mg, 500mg, and 700mg and the FDA wants the data on the 700 dosing level. That trial has been completed and the FDA instead of asking for a new trial at the 700 mg dose is only asking for results from 50 patients who got the mono therapy dose of 700 mg without a trial and the data can be easily provided. So that is actually very good news. So that is a small hiccup. Interestingly the FDA wants the data on the 700 mg dose , which just so happens to be the dose used in Covid treatment with Leronlimab. Stay tuned .
However, the PDUFA date would only advise whether the FDA would review it in either 6 months ( priority review) or 10 months , the normal review. For AIDS , that filing had nothing to do with Covid .

On the other hand , the Covid trials are going along and 1 trial the mild/ moderate trial is complete and the CEO announced yesterday that the data will be locked and unblinded no later than Friday and the results announced by next week. Also, the severe/ critical trial with 130 enrollees, the company has asked the FDA’s Data Safety Monitoring Board, to take a look at the data , also next week. If the DSMB takes a look , it can take a look and decide to stop the study because it is not working( like it recently did with the Moderna trial) , or it can stop the trial because it is working and too many of the placebo arms are dying and none of the Leronlimab patients were dying , so they can approve Leronlimab for emergency use, or they can advise Cytodyn to continue and finish the trial ( supposed to enroll 390 people and 130 enrolled already ) . So Swiss cheese we will know soon. Please keep watching because I will be happy to let you know when Leronlimab is approved and saving lives and letting our country go back to some kind of normal. Hope I have addressed your questions since it appears you were incapable of finding this out on your own .
 
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