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Ellsworth Fund Ltd

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About Ellsworth Fund Ltd

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That’s a lot of stress to get back to even
Just trying to protect our people is all Also, that is a legendary tier flair
Amazing job OP. Had oklo same level and sold for a 10-15% profit. Thought I made it big. Got stuck with MSTR just like you. Was waiting for it to turn around. Was the only stock that was dragging me down. Couldn’t understand it. Hope this one treats you right like oklo. Cheers.
I can foresee a pullback. But don’t know man. It’s scary to short this market. I’ve had so many close calls with short positions. It’s like working 10x harder just to make some profits. 🥶
You aint a lucky duck, well for now… J Powell gotcha good.
Cute little stack you got there. Now all you need to do is 100x to afford a crappy 2 bedroom house in a major city.
Not a single person said gdx was a bad play. How do you get through your day being this illiterate?
Even 25bps is significant. Stocks are valued by discounting future cash flows back to the present, and interest rates show up 2-3 times in that math. The discount rate is determined by finding a company’s weighted average cost of capital (WACC), which is a function of its cost of equity (the return shareholders expect based on beta, the market’s average return, and *the risk free rate*) and cost of debt, which is the interest rate a company can expect on new debt. Then there are the cash flows themselves, which will be higher if the company doesn’t have to pay as much interest.
Speculation is fine, I’m speculating on a biotech stock currently. Putting 100% of you portfolio in to a speculative investment or option is gambling and that’s what most people do here unfortunately. I’m no exception, after losing $15k I learned my lesson and haven’t touched options since.
The way a lot of people play them, yes. But they can also be smart investing if you use them as a hedge or if you’re being speculative on longer term options. Gambling is gambling, through and through.
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