Is the stock market going to tank?

[Mazderati]

Won't BRK take a hit through their insurers and re-insurers? No idea how that weighs against profits through recovery activities. Not that I'd ever bet against Buffett.

[JimmyCarter]

KMX ?

[4matic]

Won't BRK take a hit through their insurers and re-insurers? No idea how that weighs against profits through recovery activities. Not that I'd ever bet against Buffett.

Buffet got out of low margin re-insurance when private equity got in.

https://www.fool.com/investing/gener...s-what-he.aspx

[Mazderati]

That article says BRK is still in reinsurance but in a more focused capacity. Here's a Feb2017 article.

[Ted Striker]

I foolishly listened to Kramer...

This guy?





Is Cramer even still on tv? I would've thought he lost any cred he had when he lost his shit on air during the meltdown.

[thedude2340]

Anyone else holding XXII? They are the only company currently who can grow tobacco that meets the new FDA proposed guidelines to reduce nicotine by 95%.
They also do genetic engineering in cannabis, including cannabinoids in tobacco for increased yield.

Yes, and up 40+% thus far. Buying more asap

[tripice351]

Yes, and up 40+% thus far. Buying more asap

Popped another 13% today.

[Stu Gotz]

Ahhh, Bitcoin. We barely knew ya.

[4matic]

BTC was $!800 not two months ago. A 60% correction of the entire move from $1800 to the previous high is not that unusual for BTC. Although I'm not sure of it's use as a currency with 50% swings common. How can you even transact if it swings so wildly?

[splat]

Yes, and up 40+% thus far. Buying more asap

I bought into XXII. Waiting for Phillip Morris to buy...

[tripice351]

ITUS +273% in multiple moves this week

[4matic]

I bought TLT on fed sell off. Small. Only 100 shares.

I bought a large position in Pimco Real Asset on same sell off. Long term allocations.

[4matic]

ITUS +273% in multiple moves this week

Took back 50% of the entire gain so make that 140%.

[Benny Profane]

http://ritholtz.com/2017/09/minimize...tment-returns/

[tripice351]

Took back 50% of the entire gain so make that 140%.

Haha, yeah it was near the top when I posted. It first hit my radar when it hit and was "only" up 110% on the 18th. Was watching for a pullback morning of the 19th, didn't happen.

But it's also only got 29M market cap, for a small company that just patented a new form of cancer detection, seems cheap.

[4matic]

But it's also only got 29M market cap, for a small company that just patented a new form of cancer detection, seems cheap.

Theranos had blood testing patents. Doesn't mean they work.

[SkiBall]

UQM starting to pay dividends finally. Cashed out some, so working on almost free shares. Makes up for some of my not so stellar picks, though I am just a novice hack playing what I can afford to lose.

[4matic]

ITUS +273% in multiple moves this week

BOOM!

[tripice351]

BOOM!

Haha, I know right. I got out already, missed today's pop. Dammit.

[4matic]

You never go broke taking a profit. Don't let chatter shake your convictions.

[4matic]

Crude oil chart turning very bullish.

IBM, GE, CSCO, GM all strong today. Rotation to low p/e.

[tripice351]

Is PNTV ever coming back from the dead? What's next, 0.05 or 0.10?

[4matic]

PNTV has never made a dime in 20 years. They deleted press releases prior to this year where they claimed they would have revenue in the first quarter.

Stock was less than .008 a year ago.

Good luck.

What does this even mean with the stock trading at .05c?

"Due to our need for capital, we recently signed an agreement with Kodiak Capital Group (Kodiak). We have agreed to sell Kodiak 37,500,000 shares as disclosed in an 8k last month. The terms of the sale include registering the shares with the Securities and Exchange Commission (SEC) through a S-1 registration statement. Once the registration statement goes into effect, PNTV has the ability to start selling shares to Kodiak. The selling price will range from a floor of $0.18 per share to as high as $0.50 per share, based on a 20% discount to the current market price at the time PNTV executes a sale. This investment will generate between $6,750,000 to $18,750,000 in an investment into PNTV. Our objective is to continue to build shareholder value and ultimately execute investment capital at the ceiling of $0.50 per share. This funding structure enables us to sell a portion of the shares registered in the S-1 or the full amount, at PNTV's discretion over an 18 month period."

Read more: http://m.digitaljournal.com/pr/3489723#ixzz4v2SVQWpK

[4matic]

CGRW -7% today

hey, when you're good, you're good .

The spread is probably 3% or more. 7% is not even average daily range.

[splat]

CGRW.....I'm late here, selling some CRSP at a breakeven to get it. That chart looks nice for the rebound in an industry about to explode. Just bought some MCIG.
EDIT has been solid.
I got some PNTV blues at .05 today so I'll just hold. I already got my profit off it. Their oils are starting to show up in dispensaries, so some funds should flow and support a rise. They are spending like cray. I saw that freaking statement and was thinking the same thing as you, 4matic. Nobody buys .05 stock at .18. That's fucking nutz.