Domain: tiger-web1.srvr.media3.us Gold/Silver/Gold Miners are all up big. You need to own something besides overpriced tech | Money Talk
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Gold/Silver/Gold Miners are all up big. You need to own something besides overpriced tech

Posted on 2/24/22 at 8:41 am
Posted by south by southwest
Member since Feb 2022
50 posts
Posted on 2/24/22 at 8:41 am
You're not losing your arse unless you have been overweight in crap like Peleton, Zoom, Fakebook, Shopify, Draftking etc.

And most retail investors tend to buy nonsense stocks at their ATH.

This post was edited on 2/24/22 at 8:42 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/24/22 at 8:42 am to
I choose to own underpriced tech
Posted by south by southwest
Member since Feb 2022
50 posts
Posted on 2/24/22 at 8:44 am to
quote:

I choose to own underpriced tech


But people are losing their arse because they owned it when it was overpriced and held all the way down.
This post was edited on 2/24/22 at 8:45 am
Posted by MrJimBeam
Member since Apr 2009
12980 posts
Posted on 2/24/22 at 8:53 am to
It’s only a loss if you sell. Thanks for the heads up, though. Congrats on your gold.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/24/22 at 8:56 am to
You have to buy at the bottom you idiot
Posted by south by southwest
Member since Feb 2022
50 posts
Posted on 2/24/22 at 9:00 am to
quote:

It’s only a loss if you sell. Thanks for the heads up, though. Congrats on your gold.


Ah, the tried and true mantra of those who are losing their arses. Ha.

It's also not a profit until you sell.

And if you had enough sense to sell at a much higher price you could now buy back many more shares at much lower prices.
Posted by TDTOM
Member since Jan 2021
25063 posts
Posted on 2/24/22 at 9:01 am to
Cot damn. I had no idea this board had so many professional traders.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52049 posts
Posted on 2/24/22 at 9:07 am to
quote:

Ah, the tried and true mantra of those who are losing their arses. Ha.

It's also not a profit until you sell.

And if you had enough sense to sell at a much higher price you could now buy back many more shares at much lower prices.


Ah yes the day trader's mantra.

I am sure you always time the market perfectly
Posted by MrJimBeam
Member since Apr 2009
12980 posts
Posted on 2/24/22 at 9:10 am to
I’m still up 100k in the last five years. Man I’m just boiling bc of not buying all da gold!!!
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11916 posts
Posted on 2/24/22 at 9:16 am to
quote:

But people are losing their arse because they owned it when it was overpriced and held all the way down.



Your mistake is that people care about price in this market
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79716 posts
Posted on 2/24/22 at 8:20 pm to
I got FCX at ~$7 in 2020.
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1804 posts
Posted on 2/24/22 at 8:23 pm to
quote:

Your mistake is that people care about price in this market


Kudos dude, this may be the deepest one sentence response I've read on MT in forever days.
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