OT: Lets talk about stocks (Part 3)

[Habs]

my tesla covered call ETF has been paying 26% the last year, monthly divs.

 

[BehindTheTimes]

I was early, but I was not wrong. BTC set to smash through 100k on the not too distant future. So happy I ignored the naysayers.

 

[HuGort]

Any you fellows buy gold?

 

[HuGort]

my tesla covered call ETF has been paying 26% the last year, monthly divs.

You must timed it right. TSLY down 40% in last year.

 

[zzoo]

my tesla covered call ETF has been paying 26% the last year, monthly divs.

I've sold monthly TSLA covered calls. For at least 5 months, I've rolled my covered calls up from 160 to 215, and closed about 2-3 months ago when price dropped. Then I opened new CCs at 185 (when price was about 155-160). I think I have to roll up for the next few months again.

 

[Habs]

I've sold monthly TSLA covered calls. For at least 5 months, I've rolled my covered calls up from 160 to 215, and closed about 2-3 months ago when price dropped. Then I opened new CCs at 185 (when price was about 155-160). I think I have to roll up for the next few months again.

smart, I like it

You must timed it right. TSLY down 40% in last year.

I did time it right, actually had grabbed some more a couple weeks ago. I'm mostly in cash now, market scares me, too many things coming up. I'm guessing AI plays are still the way to go long term and I'll do my own covered calls on those instead.

 

[LaP]

I was early, but I was not wrong. BTC set to smash through 100k on the not too distant future. So happy I ignored the naysayers.

It depends which naysayers you're talking to. As a speculative investment bitcoin has been a good one. But as a curency with no ties it has been a disaster and a complete failure like predicted by lot of naysayers.

 

[CHwest]

It depends which naysayers you're talking to. As a speculative investment bitcoin has been a good one. But as a curency with no ties it has been a disaster and a complete failure like predicted by lot of naysayers.

At this point does bitcoin have any uses?

 

[LaP]

At this point does bitcoin have any uses?

Illegal uses? Yes absolutely. Legal uses? No, not really. For the most part the only legal reason to buy some is to hope someone else will buy it from you at a higher price. Obviously there's illegal reasons to acquire bitcoin ...

Very few commerces accept bitcoin and honestly you would be dumb to pay your coffee with bitcoin as you might very well end up paying the price of a car for your coffee 4-5 years down the line. Nobody sane would do that. It's a far wiser move to keep it and hope a "fish" will buy it from you at a much higer price.

 

[HuGort]

Druckenmiller was on Squawk Box yesterday, said invest in Argentina. Thinks their new leader is brilliant. He said their economy is over beat up. Due to bad leadership in past. Their economy should be around 8th in world. Instead it's at third world level. Huge room for growth.

He also said he would never invest in China with current leader they have.

 

[SOLR]

Any you fellows buy gold?

Yeah for sure. First thing I bought aggressively.

Value of Twitter/X is down 71% since Musk bought it, according to Fidelity's valuation of the stake it owns in the company.

Value of X has fallen 71% since purchase by Musk and name change from Twitter

Mutual fund Fidelity, which owns stake in social media platform, marks down value of its shares in disclosure obtained by Axios

www.theguardian.com

Wish I could buy in. Yes rough period, but if he gets to the wechat stage Facebook is dead.

 

[LeHab]

Illegal uses? Yes absolutely. Legal uses? No, not really. For the most part the only legal reason to buy some is to hope someone else will buy it from you at a higher price. Obviously there's illegal reasons to acquire bitcoin ...

Very few commerces accept bitcoin and honestly you would be dumb to pay your coffee with bitcoin as you might very well end up paying the price of a car for your coffee 4-5 years down the line. Nobody sane would do that. It's a far wiser move to keep it and hope a "fish" will buy it from you at a much higer price.

Bitcoin primary use case is still store of value - digital gold. Although there are more and more projects building on top, similar to Ethereum. One recent that has gained a lot of attention are Runes.

For illegal use, privacy-preserving coins like Monero are preferred. On bitcoin blockchain all transactions are public.

 

[Non Player Canadiens]

Bitcoin primary use case is still store of value - digital gold. Although there are more and more projects building on top, similar to Ethereum. One recent that has gained a lot of attention are Runes.

For illegal use, privacy-preserving coins like Monero are preferred. On bitcoin blockchain all transactions are public.

arguably its biggest use case is fraud. you take a sector where fraud was already an issue — finance — and you want to deregulate it further? and somehow you've convinced average joe shmucks this is a good thing?

is it any surprise we've had SBF and CZ? not to mention hundreds of run-of-the-mill rug pulls?

 

[HuGort]

Watching CNBC this morning I got to thinking of my early days of investing. It's no wonder stock market has taken off last 25 years or so.

Back in early '80s I remember paying $29.99 to make a trade. I didn't know percentages and analytics like I do know. Experience I have learned a little over the years. Putting $500 in a stock back then, $30 a trade is 6%. When I sell it was another 6%. So I had to make 12% on that stock to break even. It was hard to make money in stock market.

On other hand, I remember around 1989, receiving close to $300 a month interest on cash I had in bank account plus some in Canada Savings bonds. Averaging in ball park of 15%.
I could make 15% annually and my money guaranteed.

Now trades are $7, $500 back then is like $2,000 now. So buying and selling combined is less than 1%. Plus interest rates are at most 5%. It's common sense why market has exploded last generation.

 

[LeHab]

arguably its biggest use case is fraud. you take a sector where fraud was already an issue — finance — and you want to deregulate it further? and somehow you've convinced average joe shmucks this is a good thing?

is it any surprise we've had SBF and CZ? not to mention hundreds of run-of-the-mill rug pulls?

I'm all for regulation and better security as they will minimize odds of FTX/SBF, fraud and funding of criminal activities. Ultimately leading to mainstream adoption.

Now trades are $7, $500 back then is like $2,000 now. So buying and selling combined is less than 1%. Plus interest rates are at most 5%. It's common sense why market has exploded last generation.

Some platforms offer commission-free trades.

 

[Non Player Canadiens]

I'm all for regulation and better security as they will minimize odds of FTX/SBF, fraud and funding of criminal activities. Ultimately leading to mainstream adoption.



Some platforms offer commission-free trades.

i seriously doubt we'll ever see mainstream adoption, but we'll see -- I've been wrong before!

 

[calder candidate]

If people aren’t willing to spend it how does it have value… I understand the concept but still there nothing proprietary. I see the real value in bitcoin vs other being it network of miners but with big farms taking more space I feel like that network is probably getting consolidated… If there a zombie apocalypse or what ever and all system fail there no reason to think that bitcoin or any crypto would have any more value than regular currency…

 

[HuGort]

Return of the meme stocks

 

[HuGort]

S&P 5300 I can't believe it. Must be where investors think Trump get in. Everybody knows he will cut taxes to rich. Slash interest rates. Which will spike stock market. Also causes get inflation a few years later.

Sometimes I feel like giving up

 

[montreal]

If you are a risk taker I strongly suggest looking into NLST, usually I would never own a stock that's traded on the OTC in the US as it's full of scam companies but they were delisted from the Nasdaq and have been royally screwed over by Google, Samsung, Micron, SK Hynix, the PTAB.

My company is owed Billions from them, we own the only patents that cover this, they somehow got the PTAB (Obama's stupid creation) to reverse their patents saying anyone could do this, when it's memory chips that go in phones, etc... The US court system doesn't really acknowledge the PTAB's rulings (they were created in 2009), they just leaked emails showing Samsung willingly breached the contract we had with them and they talk about how they were making 3M a month but want to push for Netlist to settle for 500K a month (it goes back before 2021). Samsung is sitting on 40B in cash US, so I don't know why they are playing this game when they could easily have paid them Millions at the time and would now have direct access to their HBM chips which are what is needed to power AI software from what i'm told.

They beat Samsung in court last year, got 303M for 15 months of breach of contract off our oldest tech DDR4, as DDR5 is the next level up and HBM the hot ticket since AI is hopefully going to be huge in the next few years.

Netlist Secures Final Judgment against Samsung Confirming Willful Infringement and $303,150,000 in Damages

Netlist, Inc. (OTCQB:NLST), a pioneer in high performance memory technology, today announced the entry of a Final Judgment in the case of Netlist v. Samsung Electronics Co. Ltd. et al. (EDTX Case No.

finance.yahoo.com

They are in court now vs Samsung and next week vs Micron, same judge in both cases who also was the judge when we won the 303M+ suite to which we should see this week if the jury agrees that Samsung broke the contract or not. The only way they lose is if the judge doesn't allow the leaked emails they have from Samsung laughing at Netlist and openly admitting they also gave the tech to the Korean government despite not being allowed to do so. They are so f***ed imo.

Then on Monday starts the Micron trial, they are presenting the same defense as Samsung but the only difference is unlike Samsung they never had a contract with Netlist, they just stole the tech and made Billions off it.

If there's any justice this stock will be huge in the next 5 years or so. But I've been in this spot before with RCPI, rock creek pharma, so I know there's no justice anymore as they had the greatest anti-inflammatory drug ever discovered with no side effects but can't have a drug that works and has almost no side effects so they were smashed by the FDA. If you look deep into it and know someone that understands the medical aspects of Anatabloc and what it could have been yet somehow it's just been swept under the rug and forgotten about.

 

[Non Player Canadiens]

If you are a risk taker I strongly suggest looking into NLST, usually I would never own a stock that's traded on the OTC in the US as it's full of scam companies but they were delisted from the Nasdaq and have been royally screwed over by Google, Samsung, Micron, SK Hynix, the PTAB.

My company is owed Billions from them, we own the only patents that cover this, they somehow got the PTAB (Obama's stupid creation) to reverse their patents saying anyone could do this, when it's memory chips that go in phones, etc... The US court system doesn't really acknowledge the PTAB's rulings (they were created in 2009), they just leaked emails showing Samsung willingly breached the contract we had with them and they talk about how they were making 3M a month but want to push for Netlist to settle for 500K a month (it goes back before 2021). Samsung is sitting on 40B in cash US, so I don't know why they are playing this game when they could easily have paid them Millions at the time and would now have direct access to their HBM chips which are what is needed to power AI software from what i'm told.

They beat Samsung in court last year, got 303M for 15 months of breach of contract off our oldest tech DDR4, as DDR5 is the next level up and HBM the hot ticket since AI is hopefully going to be huge in the next few years.

Netlist Secures Final Judgment against Samsung Confirming Willful Infringement and $303,150,000 in Damages

Netlist, Inc. (OTCQB:NLST), a pioneer in high performance memory technology, today announced the entry of a Final Judgment in the case of Netlist v. Samsung Electronics Co. Ltd. et al. (EDTX Case No.

finance.yahoo.com

They are in court now vs Samsung and next week vs Micron, same judge in both cases who also was the judge when we won the 303M+ suite to which we should see this week if the jury agrees that Samsung broke the contract or not. The only way they lose is if the judge doesn't allow the leaked emails they have from Samsung laughing at Netlist and openly admitting they also gave the tech to the Korean government despite not being allowed to do so. They are so f***ed imo.

Then on Monday starts the Micron trial, they are presenting the same defense as Samsung but the only difference is unlike Samsung they never had a contract with Netlist, they just stole the tech and made Billions off it.

If there's any justice this stock will be huge in the next 5 years or so. But I've been in this spot before with RCPI, rock creek pharma, so I know there's no justice anymore as they had the greatest anti-inflammatory drug ever discovered with no side effects but can't have a drug that works and has almost no side effects so they were smashed by the FDA. If you look deep into it and know someone that understands the medical aspects of Anatabloc and what it could have been yet somehow it's just been swept under the rug and forgotten about.

your company's legal dept disapproves of this insider info leaking

 

[HuGort]

Berkshire bought 6.7 billion worth of CBUBB stock yesterday. Jumped 10%. I don't know the stock myself. But follow Buffett moves.

I see AMC used the recent rise in meme stocks to do a debt for stock transfer. I figured it would bounce back somewhat. It was oversold. They all do. Blackberry done same thing multiple times

 

[Non Player Canadiens]

all you poor bastards trying to beat the market. if it's a hobby, fine ... but if you wanna grow your money securely, keep pace with inflation etc, just buy generic index funds and forget about it. that's what I do and I sleep great at night

 

[LeHab]

i seriously doubt we'll ever see mainstream adoption, but we'll see -- I've been wrong before!

Many challenges remain, in particular how to make the whole ecosystem more user friendly for the typical user. Abstract most of the complicated technology to make it more feel like regular web but with additional benefits of decentralization and security/privacy. There are laws in US being pushed to help with regulation which will help development in US - center of tech innovation.

 

[LeHab]

If people aren’t willing to spend it how does it have value… I understand the concept but still there nothing proprietary. I see the real value in bitcoin vs other being it network of miners but with big farms taking more space I feel like that network is probably getting consolidated… If there a zombie apocalypse or what ever and all system fail there no reason to think that bitcoin or any crypto would have any more value than regular currency…

If there is a catastrophic event taking out electronics then yeah we have major problems. Thanks to decentralized nature of most blockchains, it should be one of the last systems to go offline.