Oso planning to go pro
GME, AMC, etc dropping like rocks today.Oh well ... it was fun while it lasted.Glad my son-in-law made enough in his little trade to buy each of us a $13 beer. It was delish!
From my perspective as primarily a fund investor (mutual...not hedge), I'm just hoping that the fund managers have pulled the right levers at the right times (or didn't pull any at all, if that was the right play). It sure has been interesting to watch, though.
Yep. It's been amazing to watch. I didn't think anything like that was possible.There already have been book deals and movie rights deals signed, BTW.
I just saw a brief proposal for a "transaction tax," with the belief that even at 0.1 percent of a trade’s value, it could reduce the attractiveness of the high-speed trading that gives sophisticated Wall Street firms a huge advantage.I have to think about that a little before I decide if it makes sense to me or not.
Bezos stepping down from AMZN
Unless they find a way to limit it to high speed trading, which IMO they never would, I hate it. So a tenth of a percent of traded value. Now you have an actively managed pension fund, which if they trade through their funds value 10 times in a year, they shave off a percent of profits. And that’s not been factoring in if it would be on both the opening and closing transactions, cause then you’d get to .2% of every trade value. That sucks
If you had 500 dollars to invest and wanted to be a little bit on the riskier side, what would you invest in?
If I'm gonna gamble on the market, I like gambling stocks. DKNG, GAN, DMYD, etc. I'm long DKNG and still researching the other two, which are "pick-and-shovel" stocks to the industry.Not a recommendation. Just saying what I'm doing.
PENN?
Another good one. I don't own it, but I might someday.
WYNN?
Is MUScoop investing the new Wallstreetbets? Mention a stock and it shoots up 20% in a couple days. What are we targeting next?