Long Position on Silver and Gold?

MrPrena, if it makes you feel any better, I sold my AMD stock 20 years ago and forgot to buy again on the next dip. Worse, I sold Apple stock on an up cycle expecting another downturn because they had just come out with a dumbest product I could think of: the iPod. That let me walk into the Chrysler dealership and buy my next new car with a check, no loan. Never understood why in God's name someone would pay $300-400 for DRMed iPod when they could rip their own CDs and buy a generic MP3 player with more memory for $100 ... never saw another dip to buy the stock back. 16 years later, I looked at my beat-up Chrysler and figured out it had cost me $1M after repeated splits and stock growth ...

Reminds me I need toget some more bars.

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Originally Posted by Aloha_Shooter

MrPrena, if it makes you feel any better, I sold my AMD stock 20 years ago and forgot to buy again on the next dip. Worse, I sold Apple stock on an up cycle expecting another downturn because they had just come out with a dumbest product I could think of: the iPod. That let me walk into the Chrysler dealership and buy my next new car with a check, no loan. Never understood why in God's name someone would pay $300-400 for DRMed iPod when they could rip their own CDs and buy a generic MP3 player with more memory for $100 ... never saw another dip to buy the stock back. 16 years later, I looked at my beat-up Chrysler and figured out it had cost me $1M after repeated splits and stock growth ...

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I sincerely believe that most of diciplined investors (another word, not greedy.no panicing) will have lots of opportunities like AAPL AMZN and the infamous YHOO and CSCO in the 90s. :D

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Originally Posted by MrPrena

I sincerely believe that most of diciplined investors (another word, not greedy.no panicing) will have lots of opportunities like AAPL AMZN and the infamous YHOO and CSCO in the 90s. :D

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I believe JD and anything to do with Crispr like EDIT and NTLA stand a good chance at being such opportunities... I am holding all 3 for the long term.

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Originally Posted by Sawin

I believe JD and anything to do with Crispr like EDIT and NTLA stand a good chance at being such opportunities... I am holding all 3 for the long term.

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Thanks for the great tip, and I will initiate the HW. It is not the sector/ind I am huge fan of anymore (pharma/biotech), but definitely would love to start the heavily beat up (distressed) or ones with good potentials.

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Originally Posted by MrPrena

Thanks for the great tip, and I will initiate the HW. It is not the sector/ind I am huge fan of anymore (pharma/biotech), but definitely would love to start the heavily beat up (distressed) or ones with good potentials.

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My pleasure. For those who don’t know, JD.com is currently the little brother to Alibaba (the Amazon of China), but JD has taken a lot of strategic moves the last year or so, which could help it overtake BABA in a number of ways over time.

Keep an eye on AOBC, up 42% on Friday

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Originally Posted by th3w01f

Keep an eye on AOBC, up 42% on Friday

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That was a wild ride to watch. Funny how it wasn't covered so much in the media. There were a few articles, but that was pretty big news. I guess they don't want to mention money being made on 'guns'.

JD is down a lot this morning... could be a good time to buy a few shares.

52 week low for JD and Fidelity ranks it as bearish (2.8 on 10 scale)
Hmmm, might have to sell a put.

[Coffee]