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OT: Stock and Investment Talk

OPK picked up NFL testing contract. Up 15 percent today. Got it at 5.50 over 6 now. Not sure if it will run up more. If it hits 8 I will trim 50 percent.
 
OPK picked up NFL testing contract. Up 15 percent today. Got it at 5.50 over 6 now. Not sure if it will run up more. If it hits 8 I will trim 50 percent.

Got it at same price here, I think its got a shot to double pretty quick....its definitely fighting the late afternoon dip across the board
 
OPK picked up NFL testing contract. Up 15 percent today. Got it at 5.50 over 6 now. Not sure if it will run up more. If it hits 8 I will trim 50 percent.
I was looking at that stock the other day when it was sitting at $4. Didn't buy.
 
Looking at SMTS as a micro cap mining play.

Was up over 20% today, and that carried over into extended hours. Still a bit below it's June highs, and it's pre covid levels. Wary of chasing but I think it might be able to ride some momentum in the wake of bigger mining and metals stocks and jump up above it's yearly highs and perhaps beyond.

Has some decent fundamentals to boot.
 
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Just sold some stocks so I can get my home renovated.
I think the market is not priced for perfection but priced for miracle.
And there have been no miracles since Mets won the World Series and the Jets won the SB.
 
Just sold some stocks so I can get my home renovated.
I think the market is not priced for perfection but priced for miracle.
And there have been no miracles since Mets won the World Series and the Jets won the SB.
I think the market is priced according to the fed res and fed gov't keeping it the economy going.

There is some thought that a vaccine could cause a dip(post hop) in the market because the reserve and gov't intervention will dry up. Imo, I think at the point the investment will be such they they will not allow a dip.
 
Gold went to $1,850.00 yesterday and is at $1,858.00 this morning. Silver is also up $3.00. Now might be the time for folks to diversify their portfolio. A very good place to purchase precious metals is https://www.itmtrading.com/contactus They are located in Phoenix and their account reps will do a detailed analysis of your finances (for free) and then advise what % you should have in precious metals.

https://www.kitco.com/news/2020-07-22/Gold-silver-bulls-on-a-rampage.html
Been buying GLD stock.
 
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I would advise against that. It is far better to hold physical gold.

Gold is at $1,898.00 today.
Do you know who holds physical gold? Two words, first one starts with a C, second one starts with an L.
:)

But seriously, it has been interesting to see gold and stocks go up at the same time for a while.
 
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I get that tech is over valued, so I understand a sell off, and people looking for value, but AAL is up over 4%. That just doesn't make sense.
 
Couldn't you split the difference and buy PHYS ?

Sure. You could. Especially, if you are just doing speculative buying and plan on selling. But if you plan is to hold these stocks, you just need to know that many of them do not have the commensurate amount of gold to back their paper certificates and if the music stops, you could end up holding the bag.
 
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Dang, who pulled the rug out?
MSFT and TLSA earnings came out last two days and did well but the stocks fell. Then the analyst came out and said AAPL was overpriced. I sold my Techs 2-3 days ago and I had MSFT and sold before earnings. I am buying FB and PYPL today and their earnings comes out next week July 29-30. AMZN comes out July 30, might buy if it falls further. Expect them to get close to 52 week high again but will sell before the earnings comes out. Afterward stocks I believe may fall further, earning season pretty much over.
 
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Sure. You could. Especially, if you are just doing speculative buying and plan on selling. But if you plan is to hold these stocks, you just need to know that many of them do not have the commensurate amount of gold to back their paper certificates and if the music stops, you could end up holding the bag.

Doesn't PHYS have that commensurate amount?
 
If anyone is interested, I'd put a few bucks in bitcoin. Easiest way is through GBTC, trades like a stock, 100% invested in bitcoin and mirrors its movement. The halving was about a month ago. The previous 3 halvings brought huge gains the following 12 months (5 to 10 baggers). Just sayin'.
 
MSFT and TLSA earnings came out last two days and did well but the stocks fell. Then the analyst came out and said AAPL was overpriced. I sold my Techs 2-3 days ago and I had MSFT and sold before earnings. I am buying FB and PYPL today and their earnings comes out next week July 29-30. AMZN comes out July 30, might buy if it falls further. Expect them to get close to 52 week high again but will sell before the earnings comes out. Afterward stocks I believe may fall further, earning season pretty much over.
Correction, may be longer I would sell all tech before earnings
 
Correction, may be longer I would sell all tech before earnings
Still got a week before FB and PYPL earnings come out, I still expect those 2 to go up slightly before earnings but if I still see them dropping will sell. Yes, I will sell before earnings.
 
Gee I wonder why that is.?
The article appears to be about national restaurant retail chain and it makes sense since the restaurants they mention in NJ have at least been able to set up a few tables outside for dining. There’s no room in NY to set up too many tables outside.
 
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I love when people go out of their way to comfort and nurture their fellow man. It does the heart good and makes one want to see the world from a globalist viewpoint. This is what we need during times of trouble .
 
The article appears to be about national restaurant retail chain and it makes sense since the restaurants they mention in NJ have at least been able to set up a few tables outside for dining. There’s no room in NY to set up too many tables outside.

Actually the article provides a well reasoned explanation that is pretty much apolitical and goes beyond national chains. The number of tourists have plummeted and more people are remotely working. And what the article doesn't say is the number of homeless and/or mentally ill on the streets has either not changed or increased with the attendant problems, so they make up a larger percentage of people on the streets.
 
Actually the article provides a well reasoned explanation that is pretty much apolitical and goes beyond national chains. The number of tourists have plummeted and more people are remotely working. And what the article doesn't say is the number of homeless and/or mentally ill on the streets has either not changed or increased with the attendant problems, so they make up a larger percentage of people on the streets.
Other than some diehard NYC junkies who would want to cruise around Manhattan at Thanksgiving or Christmas 2020... no thanks you can enjoy... the guy in charge doesn’t care and NYC reaps what he sows.
 
Other than some diehard NYC junkies who would want to cruise around Manhattan at Thanksgiving or Christmas 2020... no thanks you can enjoy... the guy in charge doesn’t care and NYC reaps what he sows.

The way I look at it NYC tourism would be tanking this summer no matter who was in Gracie Mansion or, for that matter, the White House. Working remotely as well. That doesn't mean there are no grounds for criticism with respects to other aspects.
 
The way I look at it NYC tourism would be tanking this summer no matter who was in Gracie Mansion or, for that matter, the White House. Working remotely as well. That doesn't mean there are no grounds for criticism with respects to other aspects.
No , if another leader was in NYC not in total lockstep with a specific agenda then yes the crime and fear being instituted would have been controlled weeks ago.Honestly , for all I care , NYC can become a desolate monolith for future history buffs if there is an actual “ history “ ?
 
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