NetCat

On 2/8/2021 at 5:45 PM, SmashMouth said:

“Papa was a Rolling Stone” is one of my favorites. 

One of mine too. 

On 2/6/2021 at 2:22 PM, The Icon said:

I don’t think there’s anything wrong with community necessarily. It is lacking in terms of compensation and facilities.

Yeah, you can tell football is not a priority to the people who've made decisions on facilities. Waaaay down the list. 

On 2/4/2021 at 5:55 PM, Hagar said:

I’m okay with walling it up to keep the Loons in.  Escape from DC, starring Pelosi, Schumer and McConnell.   😂😂🤣🤣😂😂

And don't let Snake go get them! 

Thanks @stevenash, your advice helped. 

He listened to some of the advice at least, sold enough to recoup his initial investment! 

Knew that boy wasn't as dumb as me! 😂

Update for y'all, he didn't sell. Says the squeeze is coming soon. I think he's going to lose it all after it tumbled today. 

Just now, Hagar said:

I do too NetCat.   👍👍

The only good thing is he's not throwing everything he's got into it. He's still got a savings, but he put everything he's poured into the market for 10 years into this. He'll be OK, but he won't be able to retire for a while. 

Well he's going to stick with it. Wouldn't listen to me. Hope he doesn't lose it all. 

1 hour ago, stevenash said:

I think the squeeze they are referring to is related to short selling.  If you understand what short selling is, you essentially borrow a share of stock and sell today and then, after the stock declines, you pay for the borrowed share at a lower price than what you sold it for.  If I "sell a stock short" for, say, $10 per share, there is no end to how much I can lose if stock continues to climb.  If it hits $20, some people will sell, take their loss and be done with it.  When it hits 30, some will act at that time.    This can go on forever as long as the stock keeps rising.  Sounds as if they believe most short sellers will feel the "squeeze" some time next week and be forced to take their lumps and get out before it gets worse.  When you buy a stock for $10, the most you can lose is $10.  When you short a stock for $10, the amount you can lose is considerably more.  EG.  Person A sells a stock he doesnt own today for $10 per share ( remember, it is borrowed and he hasnt paid for it yet.    A few days later, Person A pays for the stock he "borrowed" at $7 and makes $3 per share.  Typically, a transaction involves buying a stock and, at some point in the future, selling it.   In the short scenario, you are essentially selling first and buying later with the hope you will buy at lower price than that for which you sold.

You think he's OK to hold a little while then? 

This thread didn't age well if this week's trend keeps up. 

13 hours ago, Realville said:

Why don’t they just make a vaccine from Keith Richards DNA so you can do what the hell you want and live forever.

Best quote of the week! 🤣🤣🤣

10 hours ago, stevenash said:

I would suggest to him that good investing is based on fundamentals.  This price movement has nothing to do with fundamentals.  I had a client who, some time ago, wanted to buy Tilray, a marijuana stock at about $150 per share.  I persuaded him not to.   2 weeks later it was $250 and he made me aware of his unhappiness with my advice.   Today, the stock trades at about $18 after having been to about $6.  If he wont sell , maybe you can compromise.  Tell him to sell enough to get his original investment out and he can keep the rest.  That way, he is playing on "house money"

I'll try telling him that, hopefully he will listen. This reminds me of the tech bubble in the early 2000's. 

He said yesterday that they're all holding till "the squeeze happens next week." Do you think anything like that could happen, or are they delusional? 

@stevenash, you are a financial guy right? I need help and am taking all opinions on this so everyone else jump in too. 

My grandson has put a ton of money into Gamestop stock (GME) this week. He got in late to the climb around 280 a share.

It's some kind of way for him and people on some website to get back at Wallstreet? I don't know how though. 

All I know is it looks like a dangerous bubble and I'm worried he's going to lose it all. It's at 320ish now and I told him to sell it pre-market and get out before it crashes. But he won't. And admittedly I'm not sure what's going on with all this. 

What do I need to tell him to get him out? 

25 minutes ago, baddog said:

Heck, the Dems housed homeless people in the most expensive place in LA. 

This^

Ouch, that hurt. 

6 hours ago, Ty Cobb said:

I need to do my homework on this url thing.  You telling me I can buy a url that some company will want some day and milk the heck out of them for it?

I think there's more to it, but basically yes. 

I just did, but I have always watched them when I could. 

I give him a year. 

I'm ready! 

13 hours ago, baddog said:

This is a rehearsal, but look at the 2nd comment below the video. These are some of Elvis’ musicians playing with Mr. Rowley.

 

Very cool! 

What do y'all think are the odds everything gets shut down again after the state games? I hope not, but I've heard some rumblings from people close to UIL. 

2 hours ago, UT alum said:

When, other than Bush/Gore which was an entirely different circumstance, have Democrats tried to block electoral certification? When?

Did in 16, the VP (Biden) said no that's out of order. Think they did it and got to debate in 04? I think anyways, check and see. 

59 minutes ago, oldschool2 said:

I have no doubt that it's going to get a lot of interest.  Buna would probably be a really good job.  Especially for this area..  I only mention Mark because I personally know what a great guy he is as well as good coach.  If what I read is true about what Evadale is paying him, then they don't deserve to keep him.  I hope he leaves and takes a bunch with him.

That would probably make a lot of people in Evadale happy lol. Some of those guys I've talked to think 3 or 4 coaches on staff is enough to win. Delusional lol. 

1 hour ago, DP#1FAN said:

Mark would be a great fit there. I've heard there is interest from several local Coaches. I hope I'm being vague! 🤣

He has worked there before. I think it'd be a great fit too, Mark is a great guy and a heck of a good coach. 

7 minutes ago, AggiesAreWe said:

You can schedule them for non-district.

You can try, they refused to play Evadale last year.