Boiler Room: The Official Stock Market Discussion

Serious

Serious

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1st Round Playoff Exits

  • Airbnb is forging ahead with its IPO this year, and plans to make IPO documents public as soon as next week, Reuters reported Thursday.
  • The home rental company will likely make its stock market debut in December according to the report, despite the ongoing concern of the COVID-19 pandemic.
  • The IPO could set a $30 billion valuation for the company and raise $3 billion in proceeds, Reuters said.
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Interesting I'm watching. :jbhmm:
 
the cac mamba

the cac mamba

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thank god those awful liberals in california got shot down on that stupid fukkin uber case

uber is arguably the best invention of the last decade, it would have been a shame if they fukked it all up
 
Serious

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1st Round Playoff Exits
Warren Buffett's favorite market indicator nears record high, signaling stocks are overvalued and riskier than ever
  • Warren Buffett's preferred market gauge is nearing a new high, indicating stocks are overvalued and could tumble in the coming months.
  • The "Buffett indicator" takes the total market capitalization of a country's stocks and divides it by quarterly GDP, in order to compare the stock market's valuation to the size of the economy.
  • The current reading of 168% signals a "record disconnect between asset prices vis a vis the economy," Sven Henrich, the founder of NorthmanTrader, a market-analysis website, tweeted on Thursday.
  • "Investors ought to exercise a great deal of caution towards equities as an asset class," investor and market commentator Jesse Felder warned in a
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Warren Buffett's favorite market indicator nears record high, signaling stocks are overvalued and riskier than ever | Markets Insider

I'm not selling out of any of my positions any time soon, so bring on the dip. This run up today is nice though :ehh:
 
El_Mero_Mero

El_Mero_Mero

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I was talking about Uber in here over the weekend. Moreso for the Uber Eats division instead of the ride-sharing. I didn't have the funds at the time, so now I'll have to wait for a pullback.

I purchased LCA last week and I'm up like $300 today. I know it's shaky though. If it dips I'll buy more because I believe in the business long term (not sure about SPACs or Fertita, but I believe in online gambling long term.).

@Serious was definitely bigging up at CHIQ recently and I missed it because my money was somewhere else. Not only am I not 6 Figure/6 Certs, but I don't have any sort right now.

This stock stuff is fun (disclaimer: I have more losses than gains since I started), and it's got me considering getting a job or 2 so that I can invest more (I know the market is inexplicably high right now though on most stock prices).

  • I was talking about SPH last week. They are steadily losing value, but they also have a 12% dividend. I think they may be worth buying and holding until early next year. Any opinions?
 
Rickdogg44

Rickdogg44

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