OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Weed and gambling baby :pimp: 2 of my favorite things 😂

Ah, yes, the HIGH roller portfolio :pimp::lol:

I went to the casino for a comedy show last week and it was PACKED. About half people wearing masks. People gonna gamble with or without an indoor mask mandate as long as the casino doors remain open. I don’t see them locking down again.

All my holdings look terrible on the 6 month. A recovery to ATH could be epic. Need a rotation out of tech into small caps!
 
Why be against Netflix?

potential reasons: co-CEOs, developing games costly & nuanced, no legacy film library

I’m invested via $fbgrx
Cash burn concerns, hate that they started doing buy backs, expenses will only go up, not down over time due to content becoming more sought after, forced to create their own content to have a moat, which isn’t a cheap endeavor, don’t see any reason or appeal on gaming being bundled and sold at a loss. Just not a business I think is worth it long term. Apple and Amazon can flip the switch, overpay for content, overpay for sports and put them in serious trouble if they ever wanted to.
 
Cash burn concerns, hate that they started doing buy backs, expenses will only go up, not down over time due to content becoming more sought after, forced to create their own content to have a moat, which isn’t a cheap endeavor, don’t see any reason or appeal on gaming being bundled and sold at a loss. Just not a business I think is worth it long term. Apple and Amazon can flip the switch, overpay for content, overpay for sports and put them in serious trouble if they ever wanted to.

agree with all this
 
I'm getting pretty tired if PINS, might just off it when it comes back to previous levels.
 
22% drop in 1 day because of lower user count? Yea thats some BS.

Still have entries in the 30s and 40s, bit I'll buy in tomorrow just to DCA my 70s and eventually get out
 
People hate tf outta Robinhood on stocktwits. Seen 1 bullish post out of like 50 bearish posts. Mite cop at $20
 
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