Boiler Room: The Official Stock Market Discussion

BushidoBrown

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I have had insider information for the last 10 years on dozens of different companies. This included earnings, profit, major transactions and Management shake-ups.

9 times out of 10, I would not have made any money even with my insider non-public information. I have seen earnings beat estimates, which didn't result in higher stock prices, and I have seen earnings misses that didn't result in falling stock prices.
ok...do you work in the financial industry?
 

BushidoBrown

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I came back from vacation to this shyt:francis:

bet you're wishing you never came back :francis:

how yall sweating these lil dips
i seen yall in this thread from way back so im guessing u gotta have some solid positions from well before the 2017 surge
you should be sittin pretty regardless of any 2018 declines

correct me if im wrong :hubie:
 

88m3

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how yall sweating these lil dips
i seen yall in this thread from way back so im guessing u gotta have some solid positions from well before the 2017 surge
you should be sittin pretty regardless of any 2018 declines

correct me if im wrong :hubie:

I still keep us with what's going on but I closed out pretty much all of my positions the end of last year. My problem is I don't see the returns that make it worth my while and in comparison to what I do with real estate this is pennies/pointless. The only thing that actually performed really well for me was Prudential, Visa, and a target date fund I manage for someone.

I think I lost money on Exxon only a couple hundred bucks which is basically a wash if I think about dividends
I sold my GE position at a nice profit but not much and granted this was before it cratered. There were times when it was supposed to take off and it had a nice dividend.
I can't think of anything else off the top of my head.

I've felt like a crash has been coming the last few years and have been wrong so far.

I might build a new 401k more as a tax thing more than anything this year as I'm finally allowed to have one again. Apparently when you do what I do you can't have a 401k, but now that I'm a married man I can. :rolleyes:

I've always been pretty luck with stocks my whole life but I don't think I've ever had a real windfall. That's my take anyways

:manny:
 
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how yall sweating these lil dips
i seen yall in this thread from way back so im guessing u gotta have some solid positions from well before the 2017 surge
you should be sittin pretty regardless of any 2018 declines

correct me if im wrong :hubie:
Ive been in mostly cash since the beginning of the year other than the odd position here and there. The last few years have been good. Wish I had invested more in my early 20s instead of blowing it on the weekends.
 

88m3

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you a slum lord? :troll:
lol nah for real tho, do you own properties that you rent out to ppl?
or are u a house flipper

:heh:
Pretty much the opposite. Buy or build single family or multifamily homes and do vacation rentals. I really enjoy it most of the time.
 

Camile.Bidan

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ok...do you work in the financial industry?

No. I work in corporate finance and accounting. I help create financial statements.

I audited financial statements and then as a consultant, I authored financial statments on the behave of public companies.

Q118 statements are being filed and published and doesn't look like many companies that beat earnings estimates got rewarded with higher stock prices.

With all the insider information I once had, I wasn't able to see any clear patterns, at least not about balance sheet or income statement results.

I saw patterns with major events like regulation changes, regulator rulings, and significant transactions, but even then it was hard to predict the spread.

To me, and I am definitely not the smartest individual, it all seemed to be random and hard to predict.

Total stock market movements and Marco economic events seem a bit easier to understand, correlate and predict.
 
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