School me on investing...

I've never "lost" on BA, but it does take time....even us "losers" seem to get lucky sometimes.

I sold a bunch of my employee stock in 2018, near 400....what I paid varied from 30 - 50 or so. took like 20 years tho

I bought back in in 2020 at around 90.....and just "scraped off" about 33% at $260 on Dec 29, so it would go on last years taxes.

Its come down since the door plug deal, but I have faith, and its always done me well.

 

This thing is down 30% since I sold it. If it keeps going to $5.00, I'm probably buying again.

 

Papa riding the coaster like...




Edit: @HPPT I was curious so I looked for some news...the CEO, CSO, CMO, CTO and Legal sold shares on the 16th...total sold was ~25,000 shares. I dont know if they had to sell...all had bills come due or whatever but that sure doesnt sound like they think the stock is going higher in the near term.

 

There eleventy seven different reasons an insider might sell a stock. I don't usually weight that very much.

Now, the entire c-suitw at once is certainty curious...

 

Boy... When I'm eating, I really should wait til the next stoplight to post on the beeb.

 

Pump and Dump Bitcoin, is alive and well

 

They're pushing Internet Computer on TicTok now.

Since I have become aware of it it has lost a solid 30%.

Winning.

 

Here's an example of why you shouldn't be paying a financial advisor to manage your money.... my guy in the last 5+ years of managing my IRA steered the ship away from tech and healthcare stocks/funds and toward his "DOW Dividend strategy" which was basically buying a bunch of Old Man blue chip stocks that paid dividends averaging 5% or so. Historically that may have been a solid idea, but the timing sure sucked for me. Since taking over the account myself I've unloaded most of these boat anchors, but still have a chunk of MMM. It's down 31% since he bought it almost 5 years ago....the 5% dividends don't quite make up for that.

No offense to the good managers out there... just a PSA to keep an eye on your damn $$$

 

Hey, at least he's not the Merrill Lynch guy who put all my aunt's money into Enron.

 

No doubt! I don't know the details, but my MIL told me she had like $30K that she gave to one of the big name brokers years ago that was just GONE within a year. I really don't know how that happens without some straight up theft involved.

 

Ford cuts F-150 Lightning production as EV demand softens

https://www.reuters.com/business/au...reduce-f-150-lightning-production-2024-01-19/

 

I was at Ford dealer yesterday (picking up a friend with a broken Ford) and the Lightnings and MachE's were stacked deep.
Regardless of the general sentiment towards EV's I think you'd be insane to buy stock in any legacy auto maker.

 

"F'in Only Rolls Downhill"

 

Hear, hear!

 

Losing money to the tune of $36K per unit. Holy shit, I wanna know what market resarch firm told them that a plain ass EV pick up truck was going to appeal to any Ford customer audience.

At least the Rivian and Tesla have that "it's different" appeal.

Which that hasn't done shit for the Rivian stock I took a bath on but that's a story for another day.

 

I guess what I don't understand is......isn't the GAS version of the F150 the beat selling pickup ?

Why are you trying to cancel yourself .

Improve what you already have

 

Big sale on TSLA! Sounds like it may be a few beats before they resume kicking ass, but I'll continue to load up until then.

And wtf happened to make IBM shoot up?