Boiler Room: The Official Stock Market Discussion

winb83

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After that lyft ipo i wouldn't touch it.

Uber Eats intrigues me though. :patrice:

At the end of the day, you're going to have to have a risk appetite for a company that's going to be losing big amounts of money for the next few years.

Honestly, I'm not sure either lyft or uber will be profitable until self-driving cars become a thing and they can cut the majority of their drivers out of the equation..
Will either of them last that long? Visible self-driving cars on that scale are probably a half-decade to a full decade away. Imagine burning through over a billion a year and as they grow more and more that long. They're public now so the expectations will be different. As they grow a billion a year will turn to 2 and 3 billion a year in losses.
 

ViShawn

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Well Marathon Oil (MRO) had a big up shoot today. I sold mine last month for a profit but if I held longer I'd be higher!
 

the cac mamba

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i think ive solidified my portfolio for the forseeable future

40k in FXAIX
50 in FOCPX, fidelity OTC portfolio
60 in FBGRX, fidelity blue chip
10 in ABT, abbot labs

seems like these mutual funds are charging .7 .8 percent, but they do better than the index that does .01 percent. now to sit back and watch for the next 30 years :skip: i dont know if i have the balls to fukk with this day trading shyt you guys are doing
 

ViShawn

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The subscriber miss in Verizon hurt my portfolio a *little* in the short term. I may lower cost basis today and buy some Verizon stock come to think of it.
 

the cac mamba

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been looking more into this fees shyt and im wondering if it really does make more sense to just stick it all in the .02 percent

then again, historically these two funds that are .72 and .88 have returned over 1 percent more, so that pretty much eats the difference?
 

Secure Da Bag

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i think ive solidified my portfolio for the forseeable future

40k in FXAIX
50 in FOCPX, fidelity OTC portfolio
60 in FBGRX, fidelity blue chip
10 in ABT, abbot labs

Just so I understand you, you have currently have put in $160k of your own money into these stocks?
 
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