The Rokslide Stock Traders Thread

[Poser]

I don’t disagree with this but we have a history of not doing that.

2008 we bailed out banks and automakers. 2020 we bailed out businesses. At least with this “bailout” it would go directly to consumers and not just line the pockets of CEOs.

You also have to consider where the tipping point is. What if we "let them face the consequences" right into 10% unemployment and a 20-25% homeless percentage? These metrics would also drive up the incarceration rate to above .5% of the population. And is every consequence exclusively the result of the individual or does administration carry more burden? Can you blame the janitor at Enron for decisions made by the CEO?

 

[Andrew12gauge]

I don’t disagree with this but we have a history of not doing that.

2008 we bailed out banks and automakers. 2020 we bailed out businesses. At least with this “bailout” it would go directly to consumers and not just line the pockets of CEOs.

Actually I think it would lead to more people carrying bigger balances and actually paying more interest. In the end the credit card companies win and the consumers lose


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[CorbLand]

Actually I think it would lead to more people carrying bigger balances and actually paying more interest. In the end the credit card companies win and the consumers lose


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I don’t disagree. I am not a fan of the idea at all. It won’t help, Trump doesn’t have the authority nor should he have the authority to do this.

I am just saying that there hasn’t been a history of allowing people and/or businesses to face the consequences. At least this one would help consumers directly. I use help loosely.

It would actually hurt people like me that use CCs for points and fraud protection more. Companies would have to find ways to reduce expenses to offset the income loss. Fraud protection and rewards would be one of the first places to go for those cuts.

 

[Beendare]

Outperforming NVDA? Grin
Hopefully some guys here took advantage of my call on this....

 

[HuntHarder]

Sucks that politics and investments are so connected. Very easy to look at everything and put your political view spin on it. A president demanding CC cap at 10% is bad imo. It does however, help highlight to the uninformed, how bad CC's are for people who constantly carry a balance. Never ending, vicious cycle that catches a lot of Americans.

 

[Poser]

 

[Idaboy]

Sucks that politics and investments are so connected. Very easy to look at everything and put your political view spin on it. A president demanding CC can at 10% is bad imo. It does however, help highlight to the uninformed, how bad CC's are for people who constantly carry a balance. Never ending, vicious cycle that catches a lot of Americans.

Good points.... what the heck happened to "free market" economy? I also saw some analysis of this today and it would probably be in the realm of state law that would govern such policy so it's a non-starter t the federal level it seems.....oh and let's make the Fed even more political like an emerging market country....whatta mess, self imposed I might add....I think MA and V will do just fine, opportunity to dollar cost average in more

 

[noisy]

The U.S. is basically turning into a banana republic without the bananas.

 

[neb34]

RCAT is posting some pretty good numbers this morning on their ER. I am holding a lonely $11.00 call that is up just shy of 700%. Looks like it may keep running too

RCAT is interesting....
A seeking Alpha source likes them
Seeking Alpha

Then there is a promising CONTRACT

It looks like they will still need to raise a lot of money to develop their products and manufacturing- diluting the stock. It could be a good one, I'm still looking at it.

 

[noisy]

Should I sell some GOOG if it hits $340 or let it ride? I have an order in to sell but wondering if 2026 could be an even bigger year for AI than 2025.

 

[noisy]

Oops too late

 

[Beendare]

Should I sell some GOOG if it hits $340 or let it ride? I have an order in to sell but wondering if 2026 could be an even bigger year for AI than 2025.

Thats always the question right?

Did you buy it for a trade in your IRA where there is no immediate tax consequences? Short term trade $$$ are added right to your regular income with many implications there. Why did you buy...whats your thesis?

I hold a lot of GOOG. It will fluctuate no doubt but I think it will be one of the prime beneficiaries of the tech boom. I'm holding long term. They just did a deal with Apple- worth a look at that- but essentially it reinforces their technology is superior.

 

[CorbLand]

Of the bigger companies, I think Google is poised to win the AI race. It’s going to have ups and downs but it’s going to have a lot more up than down. I plan to hold for 32 more years.

 

[LFC911]

Funny how POTUS wants to lower CC rates but they keep loaning 18 yo's $100k for college. I would think that would be a better place to start...make public universities more affordable if not free!

 

[Crowmangler]

Funny how POTUS wants to lower CC rates but they keep loaning 18 yo's $100k for college. I would think that would be a better place to start...make public universities more affordable if not free!

The main reason college is so expensive is because the government is involved in the first place.

 

[BBob]

The main reason college is so expensive is because the government is involved in the first place.

For sure. Tuition skyrocketed just as soon as the "everyone deserves to go to college" college .gov collusion came together. Just about that time our local university dropped entrance standards dramatically and the student body exploded (a feature not a bug). They knew what they were doing.