Trading the stockmarket (NO Referrals)

Looking at the charts then, it's an absolute ****show. This thing is so messed up, 2 trillion pumped into the economy and the DOW is struggling get back over 22k. This really is epic proportions meltdown..

Here is an interesting fact, when you say a trillion, people think its a lot of money, but it's hard to conceptualise eh..

Get this...

If one dollar represented one second of the day...

1 million would be 12 days
1 billion would be 32 years
1 trillion would be 32,000 years
 
I wonder if one day Sonny will wake up and suddenly become self-aware. It's like he's an AI that's been trained on the internet commentary of awful people.

But back to the topic at hand...have the US hinted at further financial diarrhoea? Part of me thinks we'll see the same as post credit crunch again...years of stumbling, limping global economies and falling living standards in the West, and and insane upward march on the markets as the cash being printed floods to the only place giving a return....the only difference this time being the bailout being even more skewed in favour of business, at the expense of citizens.
 
lol at the P/E ratio for Zoom, ~1700 atm. Granted the share has priced in future revenue but still way overvalued imo. I don't even know anyone that's paying for it, even people using it for business just log out and back in to reset their free session etc.
 
Didn’t someone on here buy in a few days ago?
Madness - absolutely screaming short if you ask me. I think their next results will reveal how much of their popularity is based off free users as above.
 
I wouldn't touch one of these revenue-less tech startups with a bargepole..although undoubtedly there is opportunity for gains with is much cash right now if you're the gambling sort.

I've maxed out my employee stock buying allowance for now (MSFT)....but still holding off on anything else.
 
Maccy said:
Let me guess, toilet paper?
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nope - fitness equipment.

gyms are all shut and people buying up anything including stuff they think they can use but really can't.

as an example - https://www.nintendo.co.uk/Games/Nintendo-Switch/Ring-Fit-Adventure-1638708.html

this game usually retails for around £50 or so. going for £200 on ebay.

dumbells that usually sell for like £20-£40 are selling for £200.

if you have any weights in your house sell them - i had someone travel over 2 hours yesterday to pick up a single kettlebell. and people on here said gumtree was dead/dying.
 
Oh jeez I thought this was about stock and shares not selling 2nd hand gym equipment.

I thought you had made 700% on a fantastic amount of money. Not a 25 quid Argos thing.
 
After the 25% collapse in the FTSE, would it be a good time to invest some cash into a stocks and shares ISA? I'm not one for trading the stock exchange myself, but do have some cash I could invest.
 
Bes said:
Didn’t someone on here buy in a few days ago?
Madness - absolutely screaming short if you ask me. I think their next results will reveal how much of their popularity is based off free users as above.
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Especially given their costs will be skyrocketing simultaneously; any actual paid customers will still be offsetting free user costs. It's not like they run their own cloud services/data centres. Like the classic "if you want to increase mustard sales then give away free hot dogs", you'd do well to find out who they use for their backend, though that's basically AWS or Azure and for both of them Zoom will be a drop in the ocean given they're still arguing over the $10billion pentagon contract.
 
mid_gen said:
I wouldn't touch one of these revenue-less tech startups with a bargepole..although undoubtedly there is opportunity for gains with is much cash right now if you're the gambling sort.

I've maxed out my employee stock buying allowance for now (MSFT)....but still holding off on anything else.
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Same. I did invest in one small tech company I was considering a career move to - great company, disastrous SP performance unfortunately. Constantly asking myself if I massively average down or just cut my losses and get the heck out.

I’ve also maxed out my employee share purchase (not MSFT but another cloud computing giant) - we have only seen a modest hit in SP and these schemes tend to let you buy at very good prices anyway.

the only new investment I have made is in litigation financing as I think these companies are going to have an absolute purple patch when COVID-19 passes.
 
Yep
Russinating said:
Especially given their costs will be skyrocketing simultaneously; any actual paid customers will still be offsetting free user costs. It's not like they run their own cloud services/data centres. Like the classic "if you want to increase mustard sales then give away free hot dogs", you'd do well to find out who they use for their backend, though that's basically AWS or Azure and for both of them Zoom will be a drop in the ocean given they're still arguing over the $10billion pentagon contract.
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Yep. the real winners are AWS/ MSFT/ or whoever provides their cloud infrastructure
 
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