Earnings could be a big catalyst either up or down. The range on the stock seems to be from $49 to $56. Some stocks are just range bound until either earnings or a new company announcement. Or the market goes down and takes ARM with it.
I sold ARM at $55 a few days ago so I'm ok now as it has sunk. I know ling term is the better way to plan but wonder if anyone else jumped on the ARM IPO.
I bought and held for less than an hour. Posted somewhere in this thread.I sold ARM at $55 a few days ago so I'm ok now except for my initial loss which isn't a big percentage of my buy in. ARM is now sinking along with most of the markets. I know long term is the better way to plan but wonder if anyone else jumped on the ARM IPO.
No didn't buy in. Whats the catalyst for ARM? ARM is a mature company that was public, then became private thanks to Softbank, the same company that bought WeWork when it was trash.I sold ARM at $55 a few days ago so I'm ok now except for my initial loss which isn't a big percentage of my buy in. ARM is now sinking along with most of the markets. I know long term is the better way to plan but wonder if anyone else jumped on the ARM IPO.
No didn't buy in. Whats the catalyst for ARM?
If you're a reader, I recommend The Intelligent Investor.Even that I don't really know much about. I'm not even sure HOW to buy index funds, or what to look for etc. I'd have to try to take the time to figure it out, but not like I have much money left over anyway after expenses so I mostly stick with the ESP now days. I have some other stocks I'm sitting on but have not bought in a while.
Most extra money now days I just invest into my property anyway. Next time I cash out some of my ESPP it will probably be for a septic tank install.
I do the same. Only do individual stocks if it has a strong chance for a gain. For a very short time. Same day to a few days.If you're a reader, I recommend The Intelligent Investor.
HOW to buy index funds....just buy them in whatever broker you use. On how to pick them...that's a lot of personal how do you want your money invested.
The S&P500 index fund(there's many versions, pick any) is fairly diversified and the recommendation of Warren Buffet. For the index funds, typically a low expense ratio is better. SPY and VOO are 2 I'm in. VOO is lower expense ratio. I use the index funds and then make some smallish gambles on individual stocks.
It all depends on your strategy or outlook on your investments. Some are for the long game which is better suited for the index funds. Others are quick gambles people take.
What some people are doing now is trying to get into a lot of sector ETFs. I've thought about converting my stuff into more of a SP500 then split some out to do some SP500 sector ETFs.
Bubblicious market money is the best kind.I do the same. Only do individual stocks if it has a strong chance for a gain. For a very short time. Same day to a few days.
Tech sector ETFs are good. Good performance since the dot-com bubble. Let's just hope there isn't another dot-com bubble.
The entire point of the strategic oil reserve is to keep oil prices stable. That is why it was created. It is lower than it has been for quite a while, but there is still far from "drained". https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=mThey are predicting $100 to $150 oil. That should be great for oil stocks, not so much for the economy as a whole and inflation. And being that old man Biden drained the SPR to keep prices low previously, we might have a hard time wrangling prices back down....
But I think most would admit that too many resources are consumed on just getting to and from work. Telecommuting should be encouraged by government to help keep energy prices and inflation down, not to mention the added benefit of reduced carbon emissions.The entire point of the strategic oil reserve is to keep oil prices stable. That is why it was created. It is lower than it has been for quite a while, but there is still far from "drained". https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m
One key difference from when Biden first used it was now US oil production is now equal to its all time high and increasing. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPUS2&f=M High prices + high production = fat profits for American oil.
I agree that we waste a ton of resources on the commutes that are unnecessary. However, despite what people claim, we do not actually have a socialist government (I'm using the dictionary definition of 'socialist' here which means government OWNS most businesses). Biden has no possible legal or constitutional way to "orders those companies that can allow workers to work from home to do so".But I think most would admit that too many resources are consumed on just getting to and from work. Telecommuting should be encouraged by government to help keep energy prices and inflation down, not to mention the added benefit of reduced carbon emissions.
I use DDG whenever possible.Google pays Apple $18B+ a year to keep its search in iPhone
Bernstein estimates value of agreement, warns it and similar deals may end if DoJ wins antitrust casewww.theregister.com
Google pays Apple $18-$20B a year for the default search. That's a substantial amount of money Apple could lose if the DOJ gets their way. And that's all profit too.
And yet it is still down 99.938% in the last 8 years.TPST up 2,500% today. I haven't seen something like that since 1999.
So where does it go next? It hit 4,500% after hours. I made a few bucks. I had about 50 shares at 4.50 and dumped at 7.00 in one account. Another account did better, 18 shares bought at 5 and sold at $11 after hours.And yet it is still down 99.938% in the last 8 years.
I have absolutely no clue. It all depends on the results of their Phase 2 and Phase 3 Liver Cancer trial results.So where does it go next? It hit 4,500% after hours. I made a few bucks. I had about 50 shares at 4.50 and dumped at 7.00 in one account. Another account did better, 18 shares bought at 5 and sold at $11 after hours.
Does it go back to 15 cents?
So they sold $7m worth of stock on a $100m shelf offering. The market cap is way too high given their stage of development. I suspect it goes back under $1 if they fully dilute.I have absolutely no clue. It all depends on the results of their Phase 2 and Phase 3 Liver Cancer trial results.