I expect General Electric to make a rebound any day now.

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?

I'm usually not an impulse buyer. Almost all of my retirement is strictly in vanguard target date funds. But I remember last year reading this thread about US Steel after it dropped by 50% and almost pulling the trigger. And then kicking myself over the next 6 months when it went back up to the mid-40's after being around 20 at that time. I guess the moral of the story is there's a yin for every yang and more often than not it's better to just look for the solid long play than the easy quick buck.

thanks asshole, i was trying to avoid looking at my account

ROFL

I just bought some on the dip.

The Chinese market as a whole has dropped quite a lot. IQ had 89% paid subscriber growth. That's good they just lost more than was projected. It's not even all that cheap at 5.5x revenue for a Chinese company that's losing money. That number will come down some tomorrow. It is interesting as it seems their content is popular

Netflix had a crazy first mover advantage in that all of their should be competitors didn't move at all. They didn't want to lose their lucrative cable model. IQ has a ton of competition and a nation not used to paying crazy cable prices.

I don't know enough about this to make bold statements but with paypal and other similar money transfer services pulling privileges on big social media sites like gab does that inflate the "bit-coin" market?...

I road that horse for quite a while as it circled the drain. I sold my lousy 45 shares for $13.09 on 7/26. I probably paid about twice that for them. Had them for years so got some dividends over the years, but still.

I remember you saying that you were going to sell. I should have followed your lead. I kept thinking, "meh, I'm getting the dividend and the stock price doesn't affect that". Well, now I'm not getting a dividend and I think I'm down 60 percent. That stings.

Just gave a look at the old brokerage account.

Woof. Maybe I won't look for a few weeks.

I've got $2,500 in cash just collecting dat 1% APY sweep.

https://www.cnbc.com/2018/11/01/here...acebook%7Cmain

401K Roth IRA contributions increased!

It's not worth a whole thread, but I found this fact interesting and very surprising:

https://www.cnn.com/2018/11/07/inves...ing/index.html

China is a big market for [BMW], which sold more cars there last year than it did in the United States and Germany combined.

Loan the money to a professional house flipper.

Will be interesting to see how these elections affect everything. Bump this morning.