1. #1
    Sam Odom
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    And you thought you had a Bad Day

    The world’s 400 richest people lost $127.4 billion Friday as global equity markets reeled from the news that British voters elected to leave the European Union. The billionaires lost 3.2 percent of their total net worth, bringing the combined sum to $3.9 trillion, according to the Bloomberg Billionaires Index.

  2. #2
    unusialsusp5
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    not a one of them will miss it. still plenty left that they will never spend.

  3. #3
    King Mayan
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    Sammy always thinking about the rich man

    Sammy i bet you were a major brown noser when you worked
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  4. #4
    jjgold
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    Seems to go up and down now

    Hold long enough it comes back

  5. #5
    Sam Odom
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    Mayan , hope you and family are well

  6. #6
    Mac4Lyfe
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    Next week will be a blood bath...

    Wait until the middle of the week to buy some companies that are undervalued. Oil will be $70 by next February.

  7. #7
    blackHIPPY
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    Quote Originally Posted by Mac4Lyfe View Post
    Next week will be a blood bath...

    Wait until the middle of the week to buy some companies that are undervalued. Oil will be $70 by next February.
    what companies do i invest in

  8. #8
    ChalkyDog
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    Sammy, I haven't been on this site in a while. However, I just got wrecked in the market, and it made me think of this place. I was thinking of making a thread for commiseration, but instead this one will have to do.

    One day of this fukkery, and I've lost enough to piss me off. The market's are likely to continue free-fall on Monday, unless some drastic votes of confidence come in from international banks. Now sure, if I stick to my long term plan and that money will be back "eventually" - at least in theory according to my fidelity asshat.

    We can shit out of our mouths for days on political ideological rhetoric. However, this right-wing populism isn't fukkin' with my food in some theoretical sense. Trump, Cruz the whole Brexit crowd and the rest of you scared ass mother-fukkers need to sit back and let the adults handle this shit.

    Marble mouthed, knuckle-draggin', mouth breathing, mental midgets trying to relive days of glory that never existed. Bag-O-dikks. The lot of them.
    Last edited by ChalkyDog; 06-25-16 at 03:58 AM. Reason: fukkers

  9. #9
    Nick Papageorgio
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    Sammy it doesn't mean shhit. They will never be flat broke, just spent my last 2.05 on a lighter. The real struggle.

  10. #10
    jjgold
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    They harbor much money Sammy
    Most it just dents them a little

  11. #11
    flyingillini
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    I took a beating , not good.

  12. #12
    pavyracer
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    Quote Originally Posted by blackHIPPY View Post
    what companies do i invest in
    The ones who will be undervalued. It's like asking which bets should I make. The winning ones.
    175 pts

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  13. #13
    blackbart
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    where did the $127.4 billion go?
    and how do i get some of it?

  14. #14
    pavyracer
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    Quote Originally Posted by blackbart View Post
    where did the $127.4 billion go?
    and how do i get some of it?
    Nowhere. The market is up 200% since Obama became president. A 3% drop is change in the bucket.
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  15. #15
    jjgold
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    No time to buy
    Markets been dead last 3 years

  16. #16
    jose21_us
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    My 401k dropped almost 4k...

  17. #17
    Mac4Lyfe
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    Quote Originally Posted by blackHIPPY View Post
    what companies do i invest in
    I invest in good companies and short bad companies. When Blockbuster video first went into business, I would rent all my videos from them so I bought the stock because the stores were always busy. Years later they charged me a late fee on a rental that I knew I returned on time. I talked to a supervisor, store manager and even called corporate over $2.12. It wasn't the amount but the principle. I never went back into another BB again. I started fading them at that point and I made a killing. Same for Radio Shack, Sears, Sprint, etc. Open your eyes, where are people buying, where are they selling. Buy good stocks when they are low. Sell stocks when they're high. Don't fall in love with any.

    Most people, me including are positive bettors. We like to buy more than sell. You can make just as much money betting the "don't pass".

  18. #18
    sweethook
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    shrimp is going up 8- 10 % over night
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  19. #19
    Ghenghis Kahn
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    Quote Originally Posted by blackHIPPY View Post
    what companies do i invest in
    Don't invest in stocks. If you have extra cash, invest in gold, silver, and bitcoin. You can thank me later.

  20. #20
    Sam Odom
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    some good info , men

  21. #21
    chico2663
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    Quote Originally Posted by Mac4Lyfe View Post
    I invest in good companies and short bad companies. When Blockbuster video first went into business, I would rent all my videos from them so I bought the stock because the stores were always busy. Years later they charged me a late fee on a rental that I knew I returned on time. I talked to a supervisor, store manager and even called corporate over $2.12. It wasn't the amount but the principle. I never went back into another BB again. I started fading them at that point and I made a killing. Same for Radio Shack, Sears, Sprint, etc. Open your eyes, where are people buying, where are they selling. Buy good stocks when they are low. Sell stocks when they're high. Don't fall in love with any.

    Most people, me including are positive bettors. We like to buy more than sell. You can make just as much money betting the "don't pass".
    mac made a big mistake couple months ago. sold ete at mid 7's now shit is 14. Do i chase or not. Mro and aa took a beating.

  22. #22
    captrobey
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    I lost more then them on online BJ

  23. #23
    chico2663
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    Anyone griping about losing money. You never lose money until you sell or it goes bankrupt.

  24. #24
    VeggieDog
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    Quote Originally Posted by jose21_us View Post
    My 401k dropped almost 4k...
    So that means you still have 01 left.

  25. #25
    pavyracer
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    Quote Originally Posted by chico2663 View Post
    Anyone griping about losing money. You never lose money until you sell or it goes bankrupt.
    They also fail to mention that the market lost what had gained in the previous 3 days accumulated. So if you bought on Monday you were even on Friday.
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  26. #26
    BuckyOne
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    Quote Originally Posted by chico2663 View Post
    Anyone griping about losing money. You never lose money until you sell or it goes bankrupt.
    Good point and when playing sports offshore it is not won until you put the money in your pocket!
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  27. #27
    Mac4Lyfe
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    Quote Originally Posted by chico2663 View Post
    mac made a big mistake couple months ago. sold ete at mid 7's now shit is 14. Do i chase or not. Mro and aa took a beating.
    I would not chase right now. Wait a few weeks then gradually build a position. I like ETE, along with companies like Rds.a and Repyy to do well, especially after the election. I really love FMC as a position to add over the next few months as well. Oil is going to go up pretty sharply at the end of the year. I like Orly and Musa as great long term US holds because people spend money on cars like kids. I like Amazon because I use them all the damn time. I like Hard Drive companies as theyve been battered to all bloody hel the last year or so. They will eventually pick back up. MU, WDC and Stx are all good to add after the dust settles in a few weeks. For the time being pick US stocks and wait for Euro stocks that have been bloodied.

  28. #28
    jjgold
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    Sammy next week we start fresh

  29. #29
    Sam Odom
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    Quote Originally Posted by jjgold View Post
    Sammy next week we start fresh


    Sammy buried most of his silver coins today

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