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Sunday laughs.
Sep 24, 2023 11:28:39   #
bcheary Loc: Jacksonville, FL
 
A few laughs for your day of rest.





















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Sep 24, 2023 11:39:29   #
DirtFarmer Loc: Escaped from the NYC area, back to MA
 
I have found that I have a strong effect on the stock market. Whenever I buy something the price goes down. Whenever I sell something the price goes up.

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Sep 24, 2023 15:58:50   #
bcheary Loc: Jacksonville, FL
 
DirtFarmer wrote:
I have found that I have a strong effect on the stock market. Whenever I buy something the price goes down. Whenever I sell something the price goes up.


Join the club. I sold Microsoft at $50!

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Sep 24, 2023 17:11:34   #
wrangler5 Loc: Missouri
 
bcheary wrote:
Join the club. I sold Microsoft at $50!


Could be worse. I wanted 1000 Microsoft for my Keogh plan, told my broker to get it in the IPO which I had expected to come out at $17, but he called and said it would be $20 and I passed. I try to remember that every time I start thinking I'm smart.

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Sep 24, 2023 17:29:23   #
bcheary Loc: Jacksonville, FL
 
wrangler5 wrote:
Could be worse. I wanted 1000 Microsoft for my Keogh plan, told my broker to get it in the IPO which I had expected to come out at $17, but he called and said it would be $20 and I passed. I try to remember that every time I start thinking I'm smart.


Yup. Hindsight is always 20-20!

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Sep 24, 2023 18:45:45   #
DirtFarmer Loc: Escaped from the NYC area, back to MA
 
Have looked at IPOs several times. They always start higher than expected. They then go up significantly. They then go down below the expected starting price.

Haven't looked at enough to gather good statistics. If they always did that I'd be getting in at the start and then dumping at the peak. I'd be rich. But probably if I did that I would have picked the exception to the rule.

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Sep 24, 2023 18:56:19   #
bcheary Loc: Jacksonville, FL
 
DirtFarmer wrote:
Have looked at IPOs several times. They always start higher than expected. They then go up significantly. They then go down below the expected starting price.

Haven't looked at enough to gather good statistics. If they always did that I'd be getting in at the start and then dumping at the peak. I'd be rich. But probably if I did that I would have picked the exception to the rule.


At my age I am done with investing. Fidelity is taking good care of my wife and myself. I did take a flyer on Monogram Orthopaedics awhile back as they have an interesting application for joint replacements. They are now on NASDAQ.

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Sep 25, 2023 08:14:30   #
spaceylb Loc: Long Beach, N.Y.
 
NASDAQ: DSIB (Don't Smoke In Bed)

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Sep 25, 2023 09:11:14   #
bcheary Loc: Jacksonville, FL
 
spaceylb wrote:
NASDAQ: DSIB (Don't Smoke In Bed)



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