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stock market crash

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    Originally posted by scooterscot View Post
    RSA was my 3rd stock market trade this year.

    Lloyds and Pearson will be 4th and 5th when the structure signals so.
    We await with baited breath.
    First Law of Contracting: Only the strong survive

    Comment


      Originally posted by _V_ View Post
      We await with baited breath.
      Better that than losses should confirmation fail.

      It'll happen before the end of the month, I'm quite certain of that. Otherwise further downward price action below 20p would be possible. Which would signal something is up rather than the stock price.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        Originally posted by scooterscot View Post
        RSA was my 3rd stock market trade this year.

        Lloyds and Pearson will be 4th and 5th when the structure signals so.
        3 value companies at a time dividends are suspended.

        I bought some square.inc at 171 Yesterday morning. Just because I like what they are doing, and I thought the results would be better than predicted because of their cash app.

        P/E terrible but not compared to PayPal.

        Comment


          Originally posted by scooterscot View Post
          RSA was my 3rd stock market trade this year.

          Lloyds and Pearson will be 4th and 5th when the structure signals so.
          I'm sure you said you shorted (or maybe bought) Rolls Royce when the price dropped 64% last week, but have probably since edited the post after it had to be explained to you that the drop was due to the rights issue.

          Comment


            Originally posted by Paralytic View Post
            I'm sure you said you shorted (or maybe bought) Rolls Royce when the price dropped 64% last week, but have probably since edited the post after it had to be explained to you that the drop was due to the rights issue.
            In fairness he just got all excited about the crash without realising what a rights issue is.

            If he had claimed a short position he really would have got some stick.

            Back on actual investments, 12% increase on Square inc today.

            Think I will hold a while longer. Surprised our resident BTC expert didn’t spot how much this is driving square inc income.

            Comment


              Originally posted by Paralytic View Post
              I'm sure you said you shorted (or maybe bought) Rolls Royce when the price dropped 64% last week, but have probably since edited the post after it had to be explained to you that the drop was due to the rights issue.
              No I did not say that. I know so cause I've no interest whatsoever in RR stock at the minute.

              Please avoid gaslighting.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                Originally posted by BABABlackSheep View Post
                In fairness he just got all excited about the crash without realising what a rights issue is.

                If he had claimed a short position he really would have got some stick.

                Back on actual investments, 12% increase on Square inc today.

                Think I will hold a while longer. Surprised our resident BTC expert didn’t spot how much this is driving square inc income
                .
                Enlighten us...
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  Originally posted by scooterscot View Post
                  Enlighten us...
                  Cash App, the mobile payment service of Square (helmed by Twitter CEO Jack Dorsey), generated $1.63 billion in bitcoin revenue and $32 million in bitcoin (BTC, +3.60%) gross profit for Square during the third quarter of 2020, according to the company’s Q3 investor letter.

                  Comment


                    Looks like massive money laundering operation

                    When FBI investigation hits them their shares will be worth less than a car without PDK

                    Comment


                      Originally posted by BABABlackSheep View Post
                      Cash App, the mobile payment service of Square (helmed by Twitter CEO Jack Dorsey), generated $1.63 billion in bitcoin revenue and $32 million in bitcoin (BTC, +3.60%) gross profit for Square during the third quarter of 2020, according to the company’s Q3 investor letter.

                      From fees of Bitcoin but / sell transactions?
                      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                      Comment

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