Sold my 309 GOOG calls, but i did buy 1 full share at 307. Option are just for scalping and nobody should ever risk 10 k to get 20 bucks. A real casino has better odds
LULU & SBSW holding me up today.
I should have waited to buy the second deeper dip on all my stocks, but I have dry powder so f**k it, I’m in!!
The dip on SHOP is too good! For the third time in 2 days I have added more.
Definitely. And prices trend down for ages. But there still seem to be up- and downcycles and we are in a deep down as I see it. And while people opt for the cheaper, when it comes to the big events they still go for big diamonds and natural ones. About 70-80 % of the revenuw stems from such sales apparently. If we´re assuming there is a k-shaped economy in the US, natural diamonds will have their place.
And recently someone mentioned that the market trends for natural and lab diamonds seem to diverge similarly as they once did for colored gemstones, which have been reproduced way before it was even possible with diamonds. I won´t bet on it, but that guy was an experienced gem enthusiast so I trust, that it´s at least a possibility.
And yes ... I also own ruby and emerald mines (well, a couple of shares). ;)
It´s a bet on cycles still existing and the believe, that if you buy a distressed asset at the bottom and allow it to recover you take more risk, but you earn a higher reward. I mean, a market cap of 5 million for a company with an enterprise value of 100 million. It´s just to good to not dump a small position on.
So yeah. Your point is head on. I just refuse to believe natural diamonds will do right now when I invest what they were supposed to do for decades.
K-shaped economy is about to start looking like a \-shaped economy. But always remember, the stock market is not the economy. Thank you for your attention to this matter!
I never assume someone is a moron. I let them prove it to me on their own. Your self-realization gives me hope for you yet. j/k
I originally thought you were actually referencing that KoQ episode. Funny stuff.
Jerome said AI play is spending loads more than retail is losing. This is the K shape economy
AI throws a rounds trillions
Retail goes homeless but the market only loses out on like $3.50 because of it
SPY 800 EOW