School me on investing...

Bought a bit of RIG to offset the huge losses on EV related stocks... Oil/gas stocks have treated me much better- APA is up 175% since I bought it 2 years ago.

 

Im still holding onto mine. I haven't sold any yet. It is up a metric shitton from where I bought it, but no way has it reached the peak.

 

So you bought the NFT of the first tweet for $3 million…



I have been waiting for common sense to bite some people in the ass.

 

That made me happy

 

How much can I get for an NFT of poop's avatar?

 

A bottle of pink hair dye.

 

i am a nonflushable token

 

So... NFLX.... what's your move?

 

laugh.

and they're gonna double down on the sign-on sharing? lol they're so boned. i AM quite thoroughly enjoying how, finally, at least in some larger fashion, people are realizing that A) the subscription model for everything on earth sucks and is obnoxious, and B) how little they ACTUALLY care about a bunch of them.

Netflix had the whole industry locked up like 10 years ago. Now there's 3 dozen of them. People complain about their programming sucking, seasons of shows they like being cancelled, price increases, and NOW the sign-on thing... its funny to watch a company bone themselves out of hubris. EVERY comment on any FB article talks about either "for $8/mo. it was fine, but for $20/mo. not so into it" or "my kid went to college/i watch from my phone, you're saying now that won't work?"

fuck em'. and fuck subscriptions for every single thing on earth.

 

The pendulum has swung the other way and the organizations that let themselves be run by the lunatics in the asylum are gonna die.

 

seriously though... i've been using Tubi a bunch lately. i don't mind the commercials, i grew up with tv commercials. its free and it has a ton of 90's movies i love all the time. Hulu's stuff is much better than Netflix as well. i don't have Disney+, or Paramount, or Amazon Prime, or anything else. its all background noise. there will always be a Plex or Youtube or Tubi or Roku channel or Pirate Bay to provide some form of mindless entertainment a few hours a night. these dudes way over estimate their stature in society.

 

The wife is always squawking about adding tv to our cable internet...I keep deflecting. I like paying $0 for what passes as entertainment these days (not counting the internet I need anyway for my job).
On the subject...what's grinding my gears now is Roku banning "uncertified" apps (read:Pornhub)

 

Hey I didnt know about PH in roku. Why u wait till now to let us know??

 

yea we went from $160/mo. to $45/mo. now without cable. BeIn losing GP was the last straw. They already fucked up MA and WSBK the last year or two with NBC Sports and FS1, now literally no reason. My wife likes all the HG/TLC channel bullshit, so she ponied up for Discovery+ herself.

i also JUST bothered to realize that i'm paying and have been paying $12/mo. for "renting" my router that i've had forever. i just never bothered to care. i literally just got handed the same model from a friend for free, so time to get rid of that $12 as well from Verizon. calling on Friday, they can kiss my ass. fuck cable.

 

I mentioned it in some thread a couple years ago. Gone now, and I can't get it to work *yet* with the fire tv stick

 

People are going to start cutting "luxury" expenses everywhere. We cut our satellite bill in half by splitting with a friend. Have Prime, and Netflix. Don't share those, but considering it with my brother. Or canceling one of them.

 

While I’m not a Netflix lover that and last few major drops in prices were ALL done aftermarket. Low volume means the price can be moved easily.
Same thing happened in January, same thing with FB.

notice how it drops hard aftermarket then kinda stays the same or drops a little next few days?
If so lame people really hated Netflix that were invested in it you’d see a more gradual decline. That fucker stair steps.

someone needed liquidity and used the quarterly report as an excuse.
Same someone’s that have been pumping stocks for a while now.

 

People still hate to pick up after their dogs. Knock on wood, record customer count set today.

(shit, I killed it!)

 

I understand your sentiment, but you're pretty wrong in this case. NFLX opened at 245 this morning and closed at 226, an additional drop of ~8%.

There was also ~133M shares traded today with daily average volume of ~6M shares. With that kind of volume the price could have easily recovered if there was positive sentiment around it or if it was oversold.

FB also still hasn't recovered from it's poor earnings call. That brought the stock down to ~230 back in Feb and it's trading right around 200 10 weeks later. This one stings a little extra because I bought that dip but it keeps on dipping.....