OT: Stock trading | Page 60 | The Boneyard

OT: Stock trading

UConnSwag11

Storrs, CT The Mecca
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1607948664731.png
 

UConnSwag11

Storrs, CT The Mecca
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Doubt Senate passes the cannabis bill that Congress is sending to them.
Agreed, but I’m talking for individual states. Should’ve stated that
 
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Doubt it goes below $40 again, unless delivery #"S for December are bad, or NIO day is underwhelming.
I crack up when people throw these crazy numbers out. The only time you’ll ever see NIO under 30 again is maybe after a split,
 
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I crack up when people throw these crazy numbers out. The only time you’ll ever see NIO under 30 again is maybe after a split,
I didn't like the total market cap compared to actual major automakers (GM in linked article, but still) that sell millions of cars. Do you think their actual revenues will justify their valuation (and when, then when grow beyond that?) or is it likely a play that they get bought out at x times value by a major automaker? The gov't subsidy thing also a worry.
I honestly don't know a thing about the Chinese auto market, but in the US at least I think the major brands are the ones we will all be buying electric cars from. Network of dealerships super powerful etc..

 

UConnSwag11

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MA is going after Robinhood. They’re using the vaping argument for it. Also trying to protect the big guys and the market
 
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MA is going after Robinhood. They’re using the vaping argument for it. Also trying to protect the big guys and the market

Their arguments are dumb. I don’t use Robinhood, but don’t judge anyone who does. The state of MA is trying to say that most Robinhood investors are too inexperienced to trade stocks and shouldn’t be allowed to trade. I could say the same about most hedge fund managers that make 7 figures and don’t have a clue what they’re doing and some of them are working for major firms.

There are many who have said that the new younger crowd of investors is very into data, reading charts and looking at financials, so the truth lies somewhere in between I think
 

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