Stocks

[crzdcolombian]

Woke up. Saw my stocks up 4%. Thanks France

 

[Adriano@10]

Woke up. Saw my stocks up 4%. Thanks France

Only sad that the us might revers that if they cant get a budget approved by friday.

Edit: also ofcourse fucking twitter is up 10% two days after my freaking call option expired.

 

[Adriano@10]

For everybody interested in investing and learning more about it Berkshires annual meeting will be broadcasted live on yahoofinance. Here s a link:https://finance.yahoo.com/brklivestream/
It s on saturday i think 10am ET, also you can still watch it after that.
I can only recommend it everybody can learn from Warren Buffet and Charles Munger whether it s about investing or general wisdom those two never disappoint.
I watched it last year for the first time as despite being a shareholder(B stocks) I could never afford to fly to omaha just to watch this. I found it very useful and entertaining and can only recommend it to anybody even if you only have minimal interest in Investing, especially since we dont know how long these two will still be fit enough to do this ( Buffet is 86 and Munger 93).
Also the part where they go over the annual statement is probably not interesting for most people but the Q&A is great and a must watch.

 

[Dylan]

I was in school years ago and we had an Irish language class and I once fucked up a reading comprehension by saying something along the lines of:
"His father made his money by buying stocks (stocaí) online"

Which I thought was correct, but "stocaí" means socks. So I made myself look like a retard.


That is the extend of my stocks knowledge and I do not know what the Irish for stocks is.

 

[ScottishInterista]

Stocan is Scotts so id imagine its similar

 

[Pimpin]

"his father made money by buying scots online"

 

[crzdcolombian]

Comcast and Charter cable the biggest 2 cable companies in the US announced they want to get into the wireless business and compete with Verizon. They are getting together to compete with Verizon and AT&T. They said they might potentially buy another carrier. Sprint to me seems like the top choice. They are looking to get bought out and lost the 3rd place spot to Tmobile that they wanted to buy previously. Their stock is also pretty cheap. What do you guys think? Think Tmobile only attractive because of their CEO & their business practices. Doubt they will do that any more if Comcast buys them. Tmobile would be more of a hostile takeover.

 

[Adriano@10]

It s going to be very interesting to see what happens. Imho this move makes sense for comcast as more and more customers will be cutting traditional lines and be consuming tv over the internet and will only have a mobile phone line. I do think acquire one of t mobile or sprint to get an easy entrance into the market and profit off their Image. I have seen similar moves by Cable companies and they usually had problems attracting new mobile customers because of bad reputation and if i think back on my days in the us Comcast has a shitty reputation and as a customer i would probably not return to them.
I do still think a takeover of T mobile is most likely since they have been for sale for quite some time now also most reports suggest that t mobile would like to merger with a big cable company.
On sprint it looks like after their failed merger with t mobile, they too would be open to a merger with comcast. If you ask me i would probably put my money on t mobile simply since it s german parent has been trying to get rid of t mobile us for quite some time now. Also i m not that convinced that softBank (holds 80%) wants to sell sprint right now seeing as they we re planning to merge with T mobile not too long ago.

Anyways buying a small stack of both stock might not be a bad idea since there should be some momentum to both of the stocks with takeover rumors spreading.

Also this can only be good for US customer since the price fight should get even more fierce with another giant entering the market.

 

[crzdcolombian]

No Comcast has been the most hated company in the US for over 5 years. Issue with T-Mobile is 90%+ of its customers are on a plan that never increases in value. Like they can't raise my rate ever. I have 5 lines for $120 of unlimited data and includes taxes. For a asshole company like Comcast who buisness model is hey try this cocaine for $30 bucks a month next year it's 80 and in 3 years it is 150 a month(unless you put the account in someone else's name )

I feel T-Mobile doesn't have much growth in their stock because it's already has the its going to be bought built into its price. SPRINT is rumored to also want to buy T-Mobile. Thing with sprint is they are the cheapest but only until x date. Like all their commercials say pay half your current bill if you switch till November 2018. So if a big cable company buys them they will have to suck that up for a bit. T-Mobile is well your price is your price until we come up with something cheaper or better that we can convince you to change your plan.

 

[Adriano@10]

Not sure what your disagreeing with in my post since i m pretty much saying that comcast has a shitty reputation and the best way for them to get a decent customer base is to acquire T mobile.
Also i agree that a potential takeover is already partially priced in but the fact that over the last year there have at least been 3 takeover attempts and none of them succeeded tells me that Deutsche Telekom still wants a significant mark up on current market price.
Also if you think back on the Solarcity takeover even there it was already speculated for some time that a takeover is gonna happen yet tesla ended up paying significant goodwill.


On another note Snapchat is down 25% post market after missing on both user growth and revenue in Q1.

 

[crzdcolombian]

Yea I don't think highly of any of the social media apps. I am investing in 15 secs of dick pics before it disappears aka stays on their servers

 

[Pimpin]

anyone in here attended a business school? I have some questions to ask.. didnt know more appropriate thread toask this

 

[ADRossi]

anyone in here attended a business school? I have some questions to ask.. didnt know more appropriate thread toask this

Me.

 

[Pimpin]

Me.

check your pm

 

[Adriano@10]

In case different opinions would be usefull to you feel free to hit me up too pimp.

 

[Pimpin]

In case different opinions would be usefull to you feel free to hit me up too pimp.

check your pm bruv

 

[crzdcolombian]

anyone in here attended a business school? I have some questions to ask.. didnt know more appropriate thread toask this

I have as well. You can pm me.

 

[Pimpin]

I have as well. You can pm me.

you guys are fucking gold, most helpful insights so far.

 

[Adriano@10]

So any insight whats happening in the us tech market? I mean ok interest rates will go up and it should effect this sector the most but to see almost any US tech stock down 3% on consecutive trading days is worrisome. Now the most compelling explenatio is just that it s a cool off of a sector that was overheated and overvalued in this year, which is also the explanation i m going with right now.
But i am slightly worried that this is just the tip of the iceberg and the the recession i have been waiting for is indeed just around the corner.
So if anybody has any additional insights on the current tech plunge in the us would be very welcome.

 

[crzdcolombian]

Apple is super over valued. And the next iPhone is potentially 1,000 bucks for the base model!!! That's fking insane!! They want 40% mark ups on everything now they are doing an amazon Echo device but it's the prices of 3 echos for 1 apple one. That's batshit crazy

Also their awesome echo system is no more because it's basically just buy our phone yearly please!! We don't feel like making any more products their new iPads for 650 starting is fking laughable!!! It's a movie and book reader that can't do what a lab top can do. There best computer the MacBook Air... fk it killing it because they want you to spent 1,300!!!

More then half the US doesn't even make 40k a year now they want people to spend 1,300 for the irentry level comp!!!!

Ok end of rant. I sold off Apple a few weeks ago. I just don't like the company or how it's run. Besides don't see an upside it's already the most valuable company in the world.

I am investing in GE (General Electric) stock close to 52 week low and has a real nice dividend. I already owned 500 shares but bought 300 more. I am out of the tech sector as well just own Sprint stock.