Recent comments in /f/wallstreetbets

reddituseranyonymous t1_jec52sj wrote

Reply to comment by Michaeldr0p in How bears feel rn by NeedThoseGains69

My brokerage account is down like 99% from ATH :(

Just realized my brokerage account had more money at the end of the dot.com bubble in 2002 than it does now

My retirement account is down about 50% from ATH but has gone from [new account] to like $170k now

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diefreetimedie t1_jec4mx0 wrote

https://www.knightfrank.com/research/article/2021-03-01-how-much-wealth-gets-you-into-the-global-top-1

You don't know what the heck you're talking about. You said I'm top 1% of global population? This link above says you're full of it. I can find more if you want to take another shot?

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Ok-Faithlessness7931 OP t1_jec41vd wrote

I'm not especially deep in but the way I see it, it is now a special situation so I'm thinking of building a position. The hedge fund that tried to oust the CEO offered 4 dollars a share. Thats why I say anything below that I will be buying. Again, just wanted some feedback on the idea. I don't want to persuade anyone too hard. If you think it's interesting take a look, if you don't want to then you can move on. It's your choice. I just think it's become interesting

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slick2hold t1_jec3wky wrote

BABA is a fraud. Ride this BS split news and then gtfo. Do not hold for the split IPOs, the minute they spin off, if it still trades, the IPOs will crash. First, most of the spin-offs are money losing business and with high rate env that can not be sustainable. Then you have to worry about dilution as BABA will sell more sharrs to fund these money losing businesses.

Retail gets holding the bag BABA and investment banks keep shitting in, and Americans keep sniffing it, waiting for it turn into a bag of potpourri. How many times will we let these mofos sucker us out of our hard esrned money.

Stay in it until the news of the split dies and sell into each upward move. I recommend to not hold this; dont wait for the spin off IPOs.

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fenriswulfwsb t1_jec3fse wrote

FRC has found a pretty convincing floor. Unless we get bad news, it'll probably slowly edge up. Earnings (two weeks) may be a big opportunity as it will give us the first real window into if they were affected as much as the fear mongering indicated.

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