The Rokslide Stock Traders Thread

MountainTracker said:
Tools, books and skills. Trading a tool in that type of scenario would be more valuable imo.

Also, how do you know what is being handed over is actually gold or silver?


Sent from my iPhone using Tapatalk
Click to expand...
This has been my take on gold and silver. How do you know someone is giving you real stuff and do you have the means to test it? It will be a long time before a system of trust is built for it to become viable as a means of trade again. Well past the time that I will be around.

For a complete collapse, if I can’t eat it, drink it or it doesn’t keep me alive, I don’t want it.
 
My fault for getting this great thread off topic. I was hoping someone would change my way if thinking and help me get into Gold. Let's get it back on track.

INTC is doing well and AXON is coming back around. They are local and are planning a pretty big development here in Az. I think Axon is a pretty good company, that will continue to thrive.
 
LFC911 said:
If this happens CC stocks will plummet...
Click to expand...

I was thinking the same thing....but a quick look at Visa and it's only off $2.50 on a $350 stock- less than 1%. The markets know something we don't- like, it's all bluster and won't happen.

Visa has been one of the great stocks in our lifetime. Look at the chart on that bad boy- wow. I have owned it for short periods and in hindsight its one of those I should have bought and held.

Bill Ackman says the CC companies need to be able to charge high interest on sketchier card holders to cover them for losses and also fraud. I dunno how much of that is true. I tend to be a capitalist but ungoverned capitalism can be worse than the alternative.
 
MountainTracker said:
People will spend like crazy.


Sent from my iPhone using Tapatalk
Click to expand...
I was thinking lots of people would have cards cancelled/accounts locked, and credit limits drastically reduced.

10 percent interest rates on unsecured debt for all current card holders would probably lead to the bankruptcy of the card companies.

I bet they are already going through accounts to prepare.

When there are events like the 2008 financial crisis or the Covid shutdowns, they seem to have the ability to rapidly mitigate risk/further losses.

I would guess if they got capped at 10 percent rates you would need high 600 credit score minimum, and a low debt to income. You can’t even get an auto loan at 10percent with a mid 600 score in most cases.

Credit cards are absolutely terrible financially for people that carry balances on them, and don’t pay off when the statement arrives.

The government mandating what they charge to loan people money is probably an equally bad idea, especially if it applies to money already loaned out before this new rule!
 
Beendare said:
Your thesis makes sense to me- they make Tasers- and there is more emphasis on law enforcement now...and more emphasis on non lethal weapons.
Click to expand...
I doubt Taser makes up even half of what they are into now. Stateside drone and body cameras. Downside right now behind the scenes is that a lot of big cities aren’t getting on LE drone train dude to privacy concerns so we will have to see how that plays out. With tha said, drone mitigation expenditures are directly tied to terrorism which equals federal grant money.
 
I used to know the original founder (phil Smith) on a personal level. 1 of the most down to earth millionaires I have met. He passed i believe in 2021, but his son now runs the company and has been for a long time. Their body camera business is a much larger part of their business. EVERYONE wants body cams, Tasers have some opponents. They are still in somewhat of a fight with the City of Scottsdale to develop a large chunk of land just north west of their current headquarters. It will allow for more innovation as well as housing. As Law enforcement continues to evolve, I see them as a major player, going forward.

If only I was into investing when I knew Phil in 2008. He always told me and my parents to grab some stock because they were doing big things.
 
I see a 10% cap on the credit card companies as a good thing for them, more people will be willing to spend money they don’t have and pay interest even though 10% is still way too much interest. essentially the credit card companies will have to take the Walmart and Amazon approach for a while of selling a lot of product(debt) at a discount. Difference being 10% margin is probably more than Amazon and Walmart have on most items


Sent from my iPhone using Tapatalk
 
HuntHarder said:
I used to know the original founder (phil Smith) on a personal level. 1 of the most down to earth millionaires I have met. He passed i believe in 2021, but his son now runs the company and has been for a long time. Their body camera business is a much larger part of their business. EVERYONE wants body cams, Tasers have some opponents. They are still in somewhat of a fight with the City of Scottsdale to develop a large chunk of land just north west of their current headquarters. It will allow for more innovation as well as housing. As Law enforcement continues to evolve, I see them as a major player, going forward.

If only I was into investing when I knew Phil in 2008. He always told me and my parents to grab some stock because they were doing big things.
Click to expand...
Thanks for the tip on AXON. I'm going to keep an eye on it with a plan to invest.
 
CorbLand said:
Is this happening or is saying he will push for it?

The cynical side of me says that CC companies will weather the storm for a year knowing that people will spend, carry balances and at the end of that one year, they will just slap them with 30% rates.
Click to expand...

This is what I figured happens and as people spend, it will give the illusion the economy is doing well.


Sent from my iPhone using Tapatalk
 
Clark33 said:
I wish I had bought more APLD when i got in at $18/share
Click to expand...
My average cost is 6.40. When trump announced wanting to push for AI centralized in the US I purchased some. Wish I would have gotten more than 30 sum shares but I’m still up almost 500%. Question now is when to sell. I don’t see AI going anywhere even if I’m not a big fan of it.
 
BoscoBear9 said:
My average cost is 6.40. When trump announced wanting to push for AI centralized in the US I purchased some. Wish I would have gotten more than 30 sum shares but I’m still up almost 500%. Question now is when to sell. I don’t see AI going anywhere even if I’m not a big fan of it.
Click to expand...
Considering they are the supplier of the AI infrastructure, it doesn't matter which AI stock/company wins APLD will have business. I think I'm long on it, but I'm also an idiot
 
f4b483d7bd25161384884eeec6a768b5.jpg

5ae686c32b75891ebd7102547dcb15d8.jpg
 
You must log in or register to reply here.

Similar threads

MOA Zach
New Site in the Works – Find In-Stock Rifle Parts
Replies
2
Views
384
MOA Zach
MOA Zach
Bachto
Need some advice from the wiser Rokslider's
2
Replies
38
Views
2K
roadrunner
R
D
Stocky's Stock Finish?
2
Replies
26
Views
2K
EastTX Jess
E
T
Paying extra for shipping protection from businesses
2
Replies
29
Views
5K
boatlee
boatlee
B
6mm ARC Encore Barrel Length
Replies
4
Views
309
Bluefish
B

Latest posts

Featured Video

Latest Articles

Back
Top