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May 24, 2022 at 1:58 PM #825734May 24, 2022 at 2:25 PM #825736sdrealtorParticipant
Yup lots going on that people who dont participate in these things dont understand. Two of my regular Friday wine buddies are long time QCOMers. One director level has been there probably 25 years. The other Manager has been there 20. They sell whenever they vest. Both have paid off or nearly paid off homes plus paid off rentals. Done paying for college and could quite anytime if money wasnt so good which is why they stay. Both of them are always flying off to some international destination or wine country for the weekend. Must be nice to not have a care in the world
May 26, 2022 at 10:07 AM #825745anParticipant[quote=deadzone]Or just follow the other brilliant people in this thread and buy some more calls in NFLX and NAIL… LOL[/quote]
If s/he did, I wish I bought more, on this day @ ~$29/share for NAIL, it’s currently over $38/share, would be an amazing return after just 2 days.May 26, 2022 at 11:50 PM #825748JPJonesParticipant[quote=deadzone]You sound like just another butt hurt investor getting your ass handed to you in the markets right now.[/quote]
If I listened to your advice, that’s where I’d be. I already said I don’t gamble. Hell, I don’t even disagree with everything you’ve said. I think we’re already in a recession. I think the data from the blog charts with a few external data sources already points to a bubble burst in the near term. You see how sdrealtor is starting to change his rhetoric to indicate the market is cooling? He’s the biggest RE bull on this forum, so that change is significant.
[quote=deadzone]The entire Tech industry is dying. Massive layoffs are right around the corner.[/quote]
These are the type of statements that lose me entirely. You’ve already shown that you have no clue as to what’s going on in the tech industry outside of what you read in financial publications. Yeah, there will be layoffs. They’re already starting, but companies are so starved for qualified staff that I’m not sure those layoffs will do much more than balance out the employment market. Only time will tell, but like I said, I don’t gamble. All of my positions are long such that even The Great Recession was just a blip on the radar.
[quote=deadzone]Are you not paying attention?[/quote]
Are you? Our family bought our house at the bottom after the last bubble burst thanks to this blog. I don’t take this place for granted, and neither should you. Yet here you are taking swings at our regular contributors like you are one of them.
May 27, 2022 at 7:25 AM #825752sdrealtorParticipantFWIW I’m just reporting what i see and leading edge data is showing. Ironically i think you could substitute real estate for tech industry, homebuyers for companies and inventory for qualified staff. Last Fall my data showed the market was a powder keg about to explode and i wrote that many times. That’s exactly what happened. My data has not shown it yet but in time i suspect some of this spring pricing will prove to have been a brief period of over shooting before market balances out far above pre pandemic pricing. I’ve been singing the same tune for 15 years here. We are subject to cycles and experience some short periods of pain along the road but long term i remain very bullish on this place.
Glad you picked up a home for your family during the downturn. It was quite the opportunity
May 27, 2022 at 8:27 AM #825753anParticipant[quote=JPJones][quote=deadzone]The entire Tech industry is dying. Massive layoffs are right around the corner.[/quote]
These are the type of statements that lose me entirely. You’ve already shown that you have no clue as to what’s going on in the tech industry outside of what you read in financial publications. Yeah, there will be layoffs. They’re already starting, but companies are so starved for qualified staff that I’m not sure those layoffs will do much more than balance out the employment market. Only time will tell, but like I said, I don’t gamble.[/quote]
Exactly, layoff has been around and will continue to be around. Large companies tend to not fire people, too much legal risks to do so. So, they keep those low performers around, waiting for a time that they can do the layoffs and they’ll will let those people go. The good ones will be likely to do internal transfer to other teams when the company cut the entire team.May 27, 2022 at 1:25 PM #825763anParticipant[quote=an][quote=deadzone]Or just follow the other brilliant people in this thread and buy some more calls in NFLX and NAIL… LOL[/quote]
If s/he did, I wish I bought more, on this day @ ~$29/share for NAIL, it’s currently over $38/share, would be an amazing return after just 2 days.[/quote]
I didn’t expect to see this, but NAIL closed today at $40.43. That’s over 39% appreciation in just 3 days from the lows of 3 days ago.May 27, 2022 at 4:21 PM #825766AnonymousGuestYes, and that is relevant if you actually owned NAIL, or more specifically if you had somehow timed the dip perfectly and bought it 3 days ago. But you didn’t. If you want to roll the dice, buy some NAIL at today’s price and let’s see how that works out.
But you are correct in pointing out that up till now the Homebuilder stocks have been amazingly resilient given the rising interest rate environment. I don’t think the future bodes well for them but we’ll see.
May 27, 2022 at 6:26 PM #825767anParticipant[quote=deadzone]Yes, and that is relevant if you actually owned NAIL, or more specifically if you had somehow timed the dip perfectly and bought it 3 days ago. But you didn’t. If you want to roll the dice, buy some NAIL at today’s price and let’s see how that works out.
But you are correct in pointing out that up till now the Homebuilder stocks have been amazingly resilient given the rising interest rate environment. I don’t think the future bodes well for them but we’ll see.[/quote]
What make you think I don’t? As for buying more… why? Instead of talking about it, why don’t you buy some PUTs.But you’re right, you timed it perfectly and I didn’t listen. Better yet, why didn’t you buy PUTs 3 days ago when it was crashing hard and you were obviously gloating?
May 28, 2022 at 7:03 AM #825770CoronitaParticipantI thought it was funny…
[img_assist|nid=27658|title=Crypto Bro’s|desc=|link=node|align=left|width=500]Can’t live in cryptos or stocks…
June 1, 2022 at 4:54 AM #825814CoronitaParticipantJune 1, 2022 at 9:59 AM #825817XBoxBoyParticipantAnd today’s news is this great quote of Elon Musk to Tesla employees:
[quote=Elon Musk]
“Anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla. This is less than we ask of factory workers,”[/quote]We’ll see how well this flies with his employees. But what’s interesting to me is that his argument is that this is less than we ask of factory workers. I mean, we’ve all known Elon is an arrogant SOB, but to put it out there so blatently? I guess that’s why he’s a multi-billionaire and I’m not.
June 1, 2022 at 11:48 AM #825818anParticipant[quote=XBoxBoy]And today’s news is this great quote of Elon Musk to Tesla employees:
[quote=Elon Musk]
“Anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla. This is less than we ask of factory workers,”[/quote]We’ll see how well this flies with his employees. But what’s interesting to me is that his argument is that this is less than we ask of factory workers. I mean, we’ve all known Elon is an arrogant SOB, but to put it out there so blatently? I guess that’s why he’s a multi-billionaire and I’m not.[/quote]
Interesting, we’ll see how his people respond.June 1, 2022 at 8:08 PM #825825AnonymousGuest[quote=an][quote=deadzone]Yes, and that is relevant if you actually owned NAIL, or more specifically if you had somehow timed the dip perfectly and bought it 3 days ago. But you didn’t. If you want to roll the dice, buy some NAIL at today’s price and let’s see how that works out.
But you are correct in pointing out that up till now the Homebuilder stocks have been amazingly resilient given the rising interest rate environment. I don’t think the future bodes well for them but we’ll see.[/quote]
What make you think I don’t? As for buying more… why? Instead of talking about it, why don’t you buy some PUTs.But you’re right, you timed it perfectly and I didn’t listen. Better yet, why didn’t you buy PUTs 3 days ago when it was crashing hard and you were obviously gloating?[/quote]
I’m not a day trader. I have a significant short interest in homebuilder stocks as mentioned previously in this thread. Looking for much bigger drops before I cover these shorts.
June 1, 2022 at 8:10 PM #825826AnonymousGuest[quote=an][quote=XBoxBoy]And today’s news is this great quote of Elon Musk to Tesla employees:
[quote=Elon Musk]
“Anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla. This is less than we ask of factory workers,”[/quote]We’ll see how well this flies with his employees. But what’s interesting to me is that his argument is that this is less than we ask of factory workers. I mean, we’ve all known Elon is an arrogant SOB, but to put it out there so blatently? I guess that’s why he’s a multi-billionaire and I’m not.[/quote]
Interesting, we’ll see how his people respond.[/quote]And as I’ve said throughout this thread, a lot of companies are going to be laying out the ultimatum to return to work in the very near future. Nice that Elon took the leadership role on this.
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