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OT: Stock and Investment Talk

Crypto's future? Only sovereign nations should have the ability to establish their own nation's legal tender. Crypto as a universal currency seems hostile to the general stability and security of established legal currencies and the common good.

Rooskie oligarchs, drug lords, and other assorted criminal characters can readily hide/launder assets via crypto, right? Just a matter of time before governments step in, unite, apply regulations, and offer a single regulated crypto, or official cryptos. Right?

Investing in this frontier carries significant risk. Right?

So, what's your opinion of crypto's future?
 
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I think he already announced a finance plan that doesn't include selling TSLA shares.

No, that’s not the plan. But $12.5bn of the proceeds to finance the acquisition is coming from a margin loan secured by a portion of Musk’s TSLA shares. Markets can do strange things,

That’s in addition to $12.5bn of debt being issued by TWTR to fund the buyout. Better hope TWTR can generate enough cash flow to service what appears, at first blush, to be a massive amount of debt relative to current cash flow. If Elon Musk wants to save America, he’ll have to make sure these lenders are kept current. Investors in debt can be a nasty bunch when checks don’t arrive every three months.
 
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No, that’s not the plan. But $12.5bn of the proceeds to finance the acquisition is coming from a margin loan secured by a portion of Musk’s TSLA shares. Markets can do strange things,

That’s in addition to $12.5bn of debt being issued by TWTR to fund the buyout. Better hope TWTR can generate enough cash flow to service what appears, at first blush, to be a massive amount of debt relative to current cash flow. If Elon Musk wants to save America, he’ll have to make sure these lenders are kept current. Investors in debt can be a nasty bunch when checks don’t arrive every three months.
It will be very interesting to see how this plays out. As I mentioned above, I believe Musk has serious plans to monetarize the platform (and do things the current board hasn't been willing to do). While he has said TWTR is not about making money, I doubt he wants to lose a boatload either!
 
It will be very interesting to see how this plays out. As I mentioned above, I believe Musk has serious plans to monetarize the platform (and do things the current board hasn't been willing to do). While he has said TWTR is not about making money, I doubt he wants to lose a boatload either!

Unless he’s willing to dig deeper into his own pocket, TWTR must be about making money until the buyout debt is substantially reduced.
 
Unless he’s willing to dig deeper into his own pocket, TWTR must be about making money until the buyout debt is substantially reduced.
Well, I mean, TWTR is not about HIM/ELON making money, but yes, the platform itself needs to bring in new revenue to cover debt, costs, maintenance, improvements, etc.
 
No, that’s not the plan. But $12.5bn of the proceeds to finance the acquisition is coming from a margin loan secured by a portion of Musk’s TSLA shares. Markets can do strange things,

That’s in addition to $12.5bn of debt being issued by TWTR to fund the buyout. Better hope TWTR can generate enough cash flow to service what appears, at first blush, to be a massive amount of debt relative to current cash flow. If Elon Musk wants to save America, he’ll have to make sure these lenders are kept current. Investors in debt can be a nasty bunch when checks don’t arrive every three months.
Hope the meme crowd figures out the same works on short sale when someone pledges shares as collateral. Margin calls are a b1tch.
 
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Well, I mean, TWTR is not about HIM/ELON making money, but yes, the platform itself needs to bring in new revenue to cover debt, costs, maintenance, improvements, etc.

I agree. I don’t think his motivation is to personally profit (economically) from his ownership. But I’ve read comments that he’d consider limiting advertising on the platform and move towards a subscription model. His ability to make such a drastic move will be limited by the new TWTR balance sheet,
 
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I agree. I don’t think his motivation is to personally profit (economically) from his ownership. But I’ve read comments that he’d consider limiting advertising on the platform and move towards a subscription model. His ability to make such a drastic move will be limited by the new TWTR balance sheet,
I never understood why anyone gives a F about Twitter. It’s not a social media platform. It’s not a news platform. IMO, it’s a solution to a problem that doesn’t exist.
 
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I never understood why anyone gives a F about Twitter. It’s not a social media platform. It’s not a news platform. IMO, it’s a solution to a problem that doesn’t exist.
I find it to be a good news and information aggregator. I rarely post or interact. I have a few profiles- one for sports/comedy, one for news and one for investing/crypto.
 
I love the shade but he’s already walking it back due to his own cozy ties to china. Probably can’t take this view when half of Amazon’s sellers are in china and you print Chinese propaganda leaflets in your newspaper.
 
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GE beats on revenue and earnings. Confirmed its previous 2022 guidance, but highlights challenges.
 
GE beats on revenue and earnings. Confirmed its previous 2022 guidance, but highlights challenges.
It doesn’t matter, down close to $8 and it a new 52 week low. The market, I hope, take a big tumble this week and get it over, waiting for capitulation.
 
I never understood why anyone gives a F about Twitter. It’s not a social media platform. It’s not a news platform. IMO, it’s a solution to a problem that doesn’t exist.
I use it exclusively to follow news and experts in current news topics. It's a valuable resource in that regard, as you can get breaking news and insights very very quickly, in near real time. I often "unfollow" individuals when they habitually wander into more "social media" tweets, about their vacations, pets, food, etc. Don't give a shaat about that aspect.
 
Are we sure we’re not in Dotcom 2? Many of these tech stocks will not recover half their loss. If they are worth anything, it’s time for the big techs to start swallowing up the small techs.

I give Cramer some credit. I don’t normally watch his show anymore and don’t watch his stock picks but I do listen to the big picture. When he said don’t touch any stocks that didn’t have profits yet a couple of weeks ago, it made me definitely more cautious and more recently, he mentioned increase your cash position to be in the position to buy quality at a lower price. I like to get as much input as possible and then decide.
 
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Have at it; with today’s 11% drop, it’s now down 22% in last 22 days.
Belly is a long time TSLA investor. The stock is up 1,900% over the past 3 years. He already won. You missed the boat (and so did I).

#perceptive
 
When he said don’t touch any stocks that didn’t have profits yet a couple of weeks ago, it made me definitely more cautious
He has been saying this for several months. Good advice. Plenty of other stocks to choose from.
 
Analyst on CNBC said with ARKK plummeting from the highs it only up 8% over the last 3 years? If true, I can only laugh thinking back to the CW debates on this thread.
 
Did anyone stay in the ARKK fund or any other fund Cathy Woods managed?
Based on the fact that it fell off a cliff, doesn’t seem like too many folks stayed in ARKK. CW and ARKK, including all the debates, CNBC pump sessions, etc. highlights the inexperience of retail investors using COVID gov’t handouts to gamble in the stock market.
 
Based on the fact that it fell off a cliff, doesn’t seem like too many folks stayed in ARKK. CW and ARKK, including all the debates, CNBC pump sessions, etc. highlights the inexperience of retail investors using COVID gov’t handouts to gamble in the stock market.
The covid handout was peanuts. With a thousand dollar, how much can u buy? I think another story that is overblown.
 
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The covid handout was peanuts. With a thousand dollar, how much can u buy? I think another story that is overblown.
You’d be surprised. I used to mention during peak stock market FOMO that I would overhear guys in their early 20s at the gym talking about buying 5 shares of X, 10 shares of Y, and so on and so forth. Which struck me as odd because I buy in much larger blocks and figured how much can you really make based on this numbers. But multiply that across millions of recipients of handouts and no doubt the market benefited.
 
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