Mdawgs Investments
June 16th, 2024 at 11:49:16 AM
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Quote: MDawgIt doesn't just depend on circumstances, unless by circumstances you include among other things, an extremely large estate.
If you want to put it in simpler terms,
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It’s the trade off between the tolerance for a bad return vs benefits of tax deferral. Not rocket science but easily upside down for almost everyone.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
June 17th, 2024 at 12:44:29 PM
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CMG screaming.
NVDA, I traded for a solid point today (but it's only up 38 cents at the moment, how he do dat?).
NVDA, I traded for a solid point today (but it's only up 38 cents at the moment, how he do dat?).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
June 17th, 2024 at 1:22:10 PM
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Quote: MDawgNaturally, the fact that you have no personal knowledge about any of this matters not. In your book.
I see the system in action, and it works.
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Winning a debate with you is so easy. One knows they have won the debate or scored big points when MDawg puts forth the "you don't know what you're talking about" or "you have no personal knowledge" lines to try and discredit, and then not following up with specifics to make his point. It is the EB defense.
The last sentence above about "the system" is so over the top as to reek of imprecision, and it is not accurate in many contexts. BTW just where do you "see" "the system" working? Casino private gambling venues from weeks on end?
tuttigym
June 17th, 2024 at 2:23:09 PM
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Quote: MDawgCMG screaming.
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Up over a hundred! including the AH.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
June 20th, 2024 at 9:40:47 AM
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NVDA Cha'Chings! on the dips. (But...you gotta be both nimble, and patient.)
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
June 24th, 2024 at 7:05:43 AM
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Couple of quick NVDA Cha'Chings! and fifteen hunny later the fun and profit for the day is over as have other business to attend to today.
Leaving money on the table means my instincts were as solid as ever.
Leaving money on the table means my instincts were as solid as ever.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
June 24th, 2024 at 10:55:21 PM
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So MDawg made a point and a half going long on a day NVDA crashed to the tune of $420 billion? I'd say, Yes he's that good! but then I might fall over from patting myself on the back too hard.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
July 1st, 2024 at 7:49:57 AM
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NVDA is the gift that keeps giving Cha'Ching wise these days. Hard to lose on it, long or short as long as you're patient and nimble. I do longs only lately and they work out just fine! brother.
Armani?
Giorgio! "You be doin' just FINE brother."
Armani?
Giorgio! "You be doin' just FINE brother."
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
July 10th, 2024 at 7:41:49 AM
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Quote: MDawgWhat is interesting is whether or not Kitty violated any SEC rules. Yes, he bot ahead of (and presumably sold after) his posts, but his posts themselves offered no misinformation (no information at all, actually), other than the implication that he was IN. Even Citron Research itself, a notorious short seller that was hurt four years ago when it was caught in a massive short squeeze due to Kitty's influence, declared that he probably violated no laws:
"For the record, I don't think anything Kitty did was illegal," the firm posted on X. "Assuming Kitty does not have MNPI (Material Nonpublic Information), he has the right to make a large bet and tell everyone."
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Roaring Kitty faces securities fraud claims in ‘doomed’ GME lawsuit
Keith Gill is facing a new class-action lawsuit for his recent social media posts. The complaint alleges that Gill committed securities fraud by failing to adequately disclose the purchase and sales of his GameStop options calls, which allegedly misled his followers and resulted in losses for some investors.
However, a lawyer quoted in the article says the case is likely “doomed” to fail.
I would have to agree. There was no misinformation in any of R.Kitty's posts, just an implication that he already held a position. I'd demure to the complaint and if that didn't work, move for summary judgment.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
July 17th, 2024 at 7:19:10 AM
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Trump talk is hurting the tech stocks today. If you recall, the night Trump's victory in November 2016, was imminent, all futures were crashing to the point of circuit breakers, but by morning DOW futures were down only some, and the DOW eventually roared green, while internet stocks kept crashing for weeks.
It was a curious example of a knee jerk reaction where retail lost its arse again briefly, when institutions and more sophisticated investors cleaned up over their broken bodies. The DOW stocks recovered and actually roared immediately, the tech stocks took much longer.
Trump is not viewed as a friend of tech, but over all, his lack of government controls, whether actual or perceived, tends to help the stock market, although it would be hard to imagine the market doing better than it is lately.
It was a curious example of a knee jerk reaction where retail lost its arse again briefly, when institutions and more sophisticated investors cleaned up over their broken bodies. The DOW stocks recovered and actually roared immediately, the tech stocks took much longer.
Trump is not viewed as a friend of tech, but over all, his lack of government controls, whether actual or perceived, tends to help the stock market, although it would be hard to imagine the market doing better than it is lately.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
July 17th, 2024 at 7:26:06 AM
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I'd hit NVDA anywhere from 116 to 118 I assume this drop will be temporary only.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
July 18th, 2024 at 7:22:34 AM
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And 116 to 118 did become available yesterday and NVDA is at 120 today.
When MDawg buys he always makes money. And so may you too.
When MDawg buys he always makes money. And so may you too.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
July 22nd, 2024 at 7:51:33 AM
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Quote: MDawgTrump talk is hurting the tech stocks today. If you recall, the night Trump's victory in November 2016, was imminent, all futures were crashing to the point of circuit breakers, but by morning DOW futures were down only some, and the DOW eventually roared green, while internet stocks kept crashing for weeks.
It was a curious example of a knee jerk reaction where retail lost its arse again briefly, when institutions and more sophisticated investors cleaned up over their broken bodies. The DOW stocks recovered and actually roared immediately, the tech stocks took much longer.
Trump is not viewed as a friend of tech, but over all, his lack of government controls, whether actual or perceived, tends to help the stock market, although it would be hard to imagine the market doing better than it is lately.
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Nasdaq pop today means markets are thinking Trump election no longer a sure thing.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 1st, 2024 at 4:48:45 AM
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Bot up a gang of NVDA @ 105 Tuesday, which wasn't even the low that day.
Cha'Ching city!
Cha'Ching city!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 2nd, 2024 at 7:24:38 AM
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That major Cha'Ching is in the past. Sold @ 120 yesterday.
The new price to buy as far as the next trade is around 100.
The new price to buy as far as the next trade is around 100.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 5th, 2024 at 4:03:41 AM
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The trade price for NVDA today would be low to mid 90s.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 5th, 2024 at 4:16:48 AM
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Still waiting for 100K on BTC. Patience.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 7th, 2024 at 4:27:09 AM
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I am surprised their park business is weak, with all the people (including us) spending all that money on tickets, Lightning passes, special events, food and beverage, merchandise. However, the Disney World parks weren't that busy not nearly as bad as they could have been judging by the empty long tunnels and empty rows that could have been filled with people waiting for rides. Without Lightning, I understand that waits for some of the experiences may be as long as three hours, the longest we noted on the app or at the experience for people in the regular (non Lightning) stand by line was around an hour, so the parks definitely were not filled to peak capacity.
I got my wife I don't want to say how many pairs of Disney themed ears and Crocs she didn't even want them she just wanted one pair of each but I kept picking 'em up. I am sure if everyone spent like we did at the parks they'd be in the green in no time.
One cool item we got that might be of use outside the parks, such as in the tropics which we go to for a month or so each year, are lightweight Disney rain jackets with hoods. I am sure they made money off those, but they could be useful actually they are well designed and lightweight.
However, I might have to say that some of the junk I got was equivalent to what HST loaded up on at the end of his Fear and Loathing journey....
then I went back to the airport souvenir counter and spent all the rest of my cash on garbage - complete sh*t, souvenirs of Las Vegas, plastic fake - Zippo - lighters with a built - in roulette wheel for $6.95, JFK half - dollar clips for $5 each, tin apes that shook dice for $7.50 . . .
I couldn't even locate all of the junky items, some are around this hotel room somewhere.
That's the official Disney fan on the left. I packed it with ice cubes and we sprayed occasionally while fanning ourselves.
That silicon yellow mold is for Mickey Mouse shaped eggs and pancakes. 😃
I got my wife I don't want to say how many pairs of Disney themed ears and Crocs she didn't even want them she just wanted one pair of each but I kept picking 'em up. I am sure if everyone spent like we did at the parks they'd be in the green in no time.
One cool item we got that might be of use outside the parks, such as in the tropics which we go to for a month or so each year, are lightweight Disney rain jackets with hoods. I am sure they made money off those, but they could be useful actually they are well designed and lightweight.
However, I might have to say that some of the junk I got was equivalent to what HST loaded up on at the end of his Fear and Loathing journey....
then I went back to the airport souvenir counter and spent all the rest of my cash on garbage - complete sh*t, souvenirs of Las Vegas, plastic fake - Zippo - lighters with a built - in roulette wheel for $6.95, JFK half - dollar clips for $5 each, tin apes that shook dice for $7.50 . . .
I couldn't even locate all of the junky items, some are around this hotel room somewhere.
That's the official Disney fan on the left. I packed it with ice cubes and we sprayed occasionally while fanning ourselves.
That silicon yellow mold is for Mickey Mouse shaped eggs and pancakes. 😃
Last edited by: MDawg on Aug 7, 2024
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 15th, 2024 at 7:32:23 AM
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DJT has become a way to bet on whether or not Trump is re-elected, because nothing short of that is going to revive this stock anytime soon. In the meantime it has been one of the great shorts of the year, assuming shares are available (usually hard to borrow on a new stock).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 19th, 2024 at 6:16:19 AM
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Quote: MDawg
That Disney "confetti globe" didn't even make it home intact the left ear fell off. I Gorilla Super Glued it back on....
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 19th, 2024 at 6:17:15 AM
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CMG is due for a pop back into the 60s....
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 19th, 2024 at 8:33:29 AM
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CMG took a hit after CEO left for Starbucks. Invester cofidence sinks.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
August 21st, 2024 at 8:44:49 AM
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Post 50:1 split I have an even more ridiculous number of shares of CMG held very long term, such that a movement of 5 points or so down like the other day was quite a breathtaking hit.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
August 21st, 2024 at 10:48:57 AM
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Quote: MDawgPost 50:1 split I have an even more ridiculous number of shares of CMG held very long term, such that a movement of 5 points or so down like the other day was quite a breathtaking hit.
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Just curious, which individual stock do you hold your largest position in? Mine is in FOUR because I used to work there.
At my age, a "Life In Prison" sentence is not much of a deterrent.
August 21st, 2024 at 12:08:28 PM
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Probably AAPL.
I've held NFLX for a long time too, and it was splitting a lot too especially in its early days, but I have held AAPL for longer and especially with all its splits and value increase my relative position in that keeps increasing.
I've held NFLX for a long time too, and it was splitting a lot too especially in its early days, but I have held AAPL for longer and especially with all its splits and value increase my relative position in that keeps increasing.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 3rd, 2024 at 11:21:06 AM
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Quote: MDawgI made a stock screen one once years ago but it was intended for long term holds. It has had a 100% success rate, but then again you'd have to try hard to pick a blue chip or Nasdaq equivalent of blue chip stock that didn't go up over the past thirty years.
It was also intended for trading, as in "trade only stocks that pass this screen," but as with everything, there are exceptions to the rule.
You'll want to plug in besides the usual such as P/E, EPS and Beta, some data from the company's balance sheet. Also charting on a relative scale to the company's chart and that of the stock market as a whole. It's really not very difficult and I can do it all in my head don't even need a computer program, then again my head is on the level of a computer as far as speed and recall ability.
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For a trade, NVDA around 109 or NFLX around 676 today.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 3rd, 2024 at 9:23:30 PM
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Nvidia is a no-go for over half of this ultra-rich club’s members with assets worth $165 billion
I missed it too. Just started dabbling in it very recently.
Of course this is one of those "not necessarily" corollaries. Just because you missed NVDA doesn't mean you're ultra rich (nor does it mean that you're not, if you didn't miss it).
I missed it too. Just started dabbling in it very recently.
Of course this is one of those "not necessarily" corollaries. Just because you missed NVDA doesn't mean you're ultra rich (nor does it mean that you're not, if you didn't miss it).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 6th, 2024 at 9:14:14 AM
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For today's entry trades, I recommend NFLX around 662, NVDA around 101. Both will be good for something dip buying from those levels.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 6th, 2024 at 10:55:59 AM
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Quote: MDawgFor today's entry trades, I recommend NFLX around 662, NVDA around 101. Both will be good for something dip buying from those levels.
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So, let's see buying 1000 shares each will cost $662k and $101k respectively initial investment. Sounds pretty steep to me. How many folks here have that kind of loose change in their sofa?
tuttigym
September 6th, 2024 at 12:16:08 PM
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Quote: tuttigymQuote: MDawgFor today's entry trades, I recommend NFLX around 662, NVDA around 101. Both will be good for something dip buying from those levels.
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So, let's see buying 1000 shares each will cost $662k and $101k respectively initial investment. Sounds pretty steep to me. How many folks here have that kind of loose change in their sofa?
tuttigym
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Why would anyone need 1000 shares? With most apps, you can buy $10 worth. In high school, I'd buy Sears $5 a quarter.
The older I get, the better I recall things that never happened
September 6th, 2024 at 8:54:28 PM
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It depends on what the goal is, and whether investing or trading.
Investing, any amount large or small is fine.
Trading, it depends on the goal. My goal when trading is at least $1000. a day, so I am buying 1000 shares, and trying to make at least a point. The probability of hitting a one point gain on a hundred dollar stock is much higher than hitting say, three points. As such, for me, if I'm trying to net a grand the surer bet is to buy 1000 shares and dump at 1 pt. (Lately though I'm holding for multi point gains anyway, as the market is pretty volatile and movements are more assured),
Someone else might have a goal of $100. a day. For him he could buy 100 shares of a hundred dollar stock, and look for that same 1 pt. gain.
But in general, the less money one has with which to trade, the lower priced stocks one should be trading. CMG pre split used to be a $2500 or so stock. GOOGL pre split used to be a $1000. or $2000. stock. Someone with say, only $25K in his account probably shouldn't be trading a $2000. stock because even going all the way maxed on day trader margin, still would only be able to buy 50 shares, and it's not even a good idea to max out on the first block purchased anyway, so a more conservative day trader with only $25K in his account would probably be trading just 10 or 20 shares of GOOGL at a time, when it was a $2000. stock. To make decent money trading only 10 shares of a given stock requires quite a few points of movement.
All this, incidentally, is why stocks tend to go up after a split is announced - intrinsically the value of the stock will be the same as before, but when the price per share drops, more people will feel comfortable owning or trading it, and this reality (or the perception that this reality is about to come true), drives the price up.
Investing, any amount large or small is fine.
Trading, it depends on the goal. My goal when trading is at least $1000. a day, so I am buying 1000 shares, and trying to make at least a point. The probability of hitting a one point gain on a hundred dollar stock is much higher than hitting say, three points. As such, for me, if I'm trying to net a grand the surer bet is to buy 1000 shares and dump at 1 pt. (Lately though I'm holding for multi point gains anyway, as the market is pretty volatile and movements are more assured),
Someone else might have a goal of $100. a day. For him he could buy 100 shares of a hundred dollar stock, and look for that same 1 pt. gain.
But in general, the less money one has with which to trade, the lower priced stocks one should be trading. CMG pre split used to be a $2500 or so stock. GOOGL pre split used to be a $1000. or $2000. stock. Someone with say, only $25K in his account probably shouldn't be trading a $2000. stock because even going all the way maxed on day trader margin, still would only be able to buy 50 shares, and it's not even a good idea to max out on the first block purchased anyway, so a more conservative day trader with only $25K in his account would probably be trading just 10 or 20 shares of GOOGL at a time, when it was a $2000. stock. To make decent money trading only 10 shares of a given stock requires quite a few points of movement.
All this, incidentally, is why stocks tend to go up after a split is announced - intrinsically the value of the stock will be the same as before, but when the price per share drops, more people will feel comfortable owning or trading it, and this reality (or the perception that this reality is about to come true), drives the price up.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 13th, 2024 at 1:01:47 PM
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Quote: MDawgDJT has become a way to bet on whether or not Trump is re-elected, because nothing short of that is going to revive this stock anytime soon. In the meantime it has been one of the great shorts of the year, assuming shares are available (usually hard to borrow on a new stock).
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Kept hitting more and more ATLs (all time lows) and it looked like it was practically heading the way of something like CYDY, but today...
Donald Trump says he’s not selling Trump Media stock; shares jump 26%
Of course everything the ex-President says he will do is what he does....
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 13th, 2024 at 7:39:02 PM
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Quote: MDawg
Of course everything the ex-President says he will do is what he does....
LOL
At my age, a "Life In Prison" sentence is not much of a deterrent.
September 19th, 2024 at 8:59:01 AM
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Another predictable "What's wrong with the economy, why did we have to lower interest rates so much?" reaction yesterday, followed inevitably by today's frenzied buying. You may practically bank on buying that dip.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 19th, 2024 at 9:02:29 AM
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I woke up expecting lots of bargain hunting and instead found a sea of green.
The older I get, the better I recall things that never happened
September 19th, 2024 at 9:41:26 AM
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I've posted about this before. Usually the way it works is as interest rates are cut there is a quick knee jerk reaction UP, then followed by the...Wait a minute, what's wrong with our economy that we need to cut interest rates? DROP, and then eventually usually after a day, a rise up.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 19th, 2024 at 9:45:13 AM
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Quote: Ace2MDawg, stick to the short term trades(gambles) and Vegas meal comps you write about. You have no understanding of long-term stock market performance, economic cycles or their drivers
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This is from the guy who sold off his stocks at near the bottom and kept predicting decades of doom and gloom
Quote: Ace2Better have an exit plan unless you're quite young and don't need your invested money for several decades
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when I was predicting inevitable ATHs (all time highs) again in the very near future.
What people like Ace2 don't get is that even weeks are a near eternity in this market. Decades aren't needed to recover from even staggering drops.
Quote: MDawgHe doesn't get it Bill Ryan, which is why he's been panic selling his "long terms" on every panic, and trying to market time.
Yes I trade Ace2, regularly, but I also hold long term (pushing 20 years on some of them) many of the same stocks of which I trade additional shares. You think it matters that AAPL isn't at an all time high when I've been holding mass shares of it continuously over 15 years now? just to give one example. If I'd followed your lead I'd have dumped it many times by now.
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Quote: MDawgQuote: Ace2My 10-year forecast is for the S&P to be at the same level as it is now, with at least one huge drop in the interim. As a reference, look at the S&P level of 1550 in year 2000. Thirteen years later it was at the same level, with TWO crashes of 50% plus during that period.
You can ignore all of the above if you don’t care about well-established market cycles/valuations/fundamentals.
link to original postQuote: MDawgMarket always recovers. Hold those long terms do not sell! In meantime, there are some great trades coming up daily.
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And as far as the lamentations and doom and gloom predictions from others about NFLX….Quote: mcallister3200As a consumer I don’t really understand why NFLX would recover without a major business model shift or merger.
link to original postQuote: TDVegasNFLX long position will come back. Try 2028. It’s under $200 now. Google it. ;-)
link to original postQuote: MDawgI wouldn’t rule NFLX or any of these industry leaders out. NFLX may be down but not for the count.
link to original postQuote: MDawgAnd meantime, the stock market is doing just fine and I expect that predictions of long term doom and gloom will be proven wrong.
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DarkOz may have been wrong as may be about CYDY, and I called that one too, but Ace2 wasn't far off in terms of being completely in the dark and wrong about where the market was headed. DECADES said Ace2. 🤣 I tried to educate them both!
Last edited by: MDawg on Sep 19, 2024
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 19th, 2024 at 9:51:41 AM
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Quote: MDawgQuote: Ace2Better have an exit plan unless you're quite young and don't need your invested money for several decades
link to original postQuote: Ace2And it might never fully recover in real, inflation adjusted terms
link to original postQuote: bobbartopQuote: Ace2Anybody else getting the feeling that the market could start crashing any day now? I mean something much steeper/faster than what we saw the first half of the year. I was originally thinking the real implosion wouldn't start until next year, now I'm thinking before year-end
Ad me to the List. There is no way they can get out of this mess. This is not 1980.
link to original postQuote: MDawgDon't ever think about selling long term good stocks, instead add.
link to original postQuote: MDawgEvery stock I trade hits a new ATH eventually, so the only way I could lose is by losing patience!
link to original postQuote: SOOPOOI’m just saying, TAKEN ON ITS OWN, his stock claims are reasonable.
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And proven right about the market in general. Again and again.
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I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 19th, 2024 at 1:44:52 PM
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Quote: MDawg
DarkOz may have been wrong as may be about CYDY, and I called that one too,
What makes you think he was wrong? Some people play the long game.
At my age, a "Life In Prison" sentence is not much of a deterrent.
September 19th, 2024 at 2:29:22 PM
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Because D.Oz could have gotten out at my urging at least a few times at a nice profit and has ever since been staring down the barrel of a complete
Instead he said things like "Why would I want to sell even one share" and stubbornly held on all the way down, even bought more of that garbage.
That's no way to be.
Instead he said things like "Why would I want to sell even one share" and stubbornly held on all the way down, even bought more of that garbage.
That's no way to be.
Last edited by: MDawg on Sep 19, 2024
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 19th, 2024 at 3:11:16 PM
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Trump stock DJT down to $14.40. Hit its all time low today on a day when the market was booming.
At my age, a "Life In Prison" sentence is not much of a deterrent.
September 19th, 2024 at 3:27:38 PM
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Quote: DRichQuote: MDawg
DarkOz may have been wrong as may be about CYDY, and I called that one too,
What makes you think he was wrong? Some people play the long game.
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Most of my shares were bought under twenty-five cents, mostly around eighteen cents, and they all sold for thirty cents. It's a shame I didn't buy another zero or twos worth. Since it was so low, I had to pay a commission to sell it, which ate up much of the profit.
The older I get, the better I recall things that never happened
September 19th, 2024 at 3:30:35 PM
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Quote: billryanQuote: DRichQuote: MDawg
DarkOz may have been wrong as may be about CYDY, and I called that one too,
What makes you think he was wrong? Some people play the long game.
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Most of my shares were bought under twenty-five cents, mostly around eighteen cents, and they all sold for thirty cents. It's a shame I didn't buy another zero or twos worth. Since it was so low, I had to pay a commission to sell it, which ate up much of the profit.
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I am still holding about 330 shares of CYDY that I paid close to $3 for. Just another $1000 down the drain until the miracle comeback.
At my age, a "Life In Prison" sentence is not much of a deterrent.
September 19th, 2024 at 6:37:07 PM
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Quote: billryanQuote: DRichQuote: MDawg
DarkOz may have been wrong as may be about CYDY, and I called that one too,
What makes you think he was wrong? Some people play the long game.
link to original post
Most of my shares were bought under twenty-five cents, mostly around eighteen cents, and they all sold for thirty cents. It's a shame I didn't buy another zero or twos worth. Since it was so low, I had to pay a commission to sell it, which ate up much of the profit.
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Just goes to show what I've been saying all throughout this thread which is that the price in a vacuum isn't what matters - rather the relative price does. In other words, the time to buy a stock is when the price is right versus simply assigning a static "I will buy when it reaches...." arbitrary price.
A given stock at 10 might be a bad buy when it drops to that, while it might be a great buy at 15 when the stock is on its way up.
Put another way, GM stock was at $73. just before Black Friday October 25, 1929. By 1932, it has reached a low of $8. Buying GM at say, $30. was a great buy in the period it was running up (as long as you sold at a profit), but a lousy buy while the stock was dropping between the end of 1929 and 1932.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 19th, 2024 at 8:43:01 PM
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About two months ago, I bought Tesla at over 240 a share. It immediately dropped close to 200, leaving me down $40 a share. I could have licked my wounds and taken the ass-kicking, but I liked it at 240 so I doubled down. I bought an equal amount of shares at 208. By doing so, my overall price dropped to $224 a share. A week or two later, it hit $232, and I sold it for a profit. If I'd done nothing, I'd still be underwater. By taking bold action, I could close the transaction at a profit instead of waiting for the stock to return to the original $240 price.
A few years back, I liked Sunrise Assisted and was buying it between $8-$10. The CEO was implicated in some things and the stock went into freefall. When it went under $2, I bought a bunch. It hit as low as $1.25 and I bought a thousand more shares. The shares rebounded to over $6 and I sold half. The rest was free and I sold it a few years later in the low teens.
Then, there was a company called CES. I bought the IPO at 6 and was buying it at 8 when circumstances beyond its control whacked them. As the stock spiraled down, I kept buying. When it dropped to the pink sheets, I bought $5,000 more. I lost everything because I was too stubborn to see their business model would fail.
A few years back, I liked Sunrise Assisted and was buying it between $8-$10. The CEO was implicated in some things and the stock went into freefall. When it went under $2, I bought a bunch. It hit as low as $1.25 and I bought a thousand more shares. The shares rebounded to over $6 and I sold half. The rest was free and I sold it a few years later in the low teens.
Then, there was a company called CES. I bought the IPO at 6 and was buying it at 8 when circumstances beyond its control whacked them. As the stock spiraled down, I kept buying. When it dropped to the pink sheets, I bought $5,000 more. I lost everything because I was too stubborn to see their business model would fail.
The older I get, the better I recall things that never happened
September 19th, 2024 at 8:50:50 PM
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Yes if the stock is intrinsically sound I am firm believer in averaging down. It has never failed for me, but in every case eventually the stock went up so much that the averaging down just made the transaction profitable sooner, would have been fine eventually even without any averaging.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 27th, 2024 at 7:29:48 AM
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Quote: MDawgQuote: MDawgDJT has become a way to bet on whether or not Trump is re-elected, because nothing short of that is going to revive this stock anytime soon. In the meantime it has been one of the great shorts of the year, assuming shares are available (usually hard to borrow on a new stock).
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Kept hitting more and more ATLs (all time lows) and it looked like it was practically heading the way of something like CYDY, but today...
Donald Trump says he’s not selling Trump Media stock; shares jump 26%
Of course everything the ex-President says he will do is what he does....
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Trump may not have sold, but another insider definitely did.
Trump Media co-founder and former ‘Apprentice’ contestant dumps about $100 million worth of stock
A major Trump Media shareholder and former contestant on “The Apprentice” has unloaded almost his entire stake in former President Donald Trump’s social media company. Although the stock price has been volatile, that stake is worth roughly $100 million at current prices.
Maybe the Rolex knock off looking watches will make enough so that Trump himself won't be compelled to sell his $2B share (assuming he may even unload anywhere near that much without crashing the DJT stock price).
'How can anyone do this to supporters?' Expert gives $100K gold Trump watch brutal review
Derek Guy, a menswear expert who has contributed to the Washington Post and Esquire, publicly shamed Trump for shilling a $100,000 watches he described as an obvious scam.
"I don't understand how anyone can do this to their supporters," Guy wrote on X. "They play you as a sucker."
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
September 27th, 2024 at 7:33:52 AM
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Quote: DRichTrump stock DJT down to $14.40. Hit its all time low today on a day when the market was booming.
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And 14.95 today.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
October 6th, 2024 at 3:42:31 AM
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Vegas gaming company clearing out all ‘Dragon Train’ slot machines
Las Vegas gaming equipment manufacturer Light & Wonder has begun removing its approximately 2,200 Dragon Train-themed slot machines from North American casinos in compliance with a September court order.
But the company says it intends to replace Dragon Train with other branded machines and will press ahead with development of Dragon Train 2.0, the next version of the machine.
Light & Wonder CEO Matt Wilson, in a video statement on the company’s website, said the designer of Dragon Train is no longer with the company. Two Dragon Train game designers formerly worked for Aristocrat.
U.S. District Court Judge Gloria Navarro on Sept. 24 granted Australia-based Aristocrat Technologies Inc.’s request for a temporary injunction blocking “continued or planned sale, leasing, or other commercialization of Dragon Train,” which Aristocrat contends uses intellectual property developed for its Dragon Link and Lightning Link games and that what Light & Wonder produced was “a cheap knockoff.”
“We have approximately 33,000 leased units installed in the market, and Dragon Train represented a mid-single-digit percentage of that install base, or roughly 2,200 units,” Wilson said. “We’re working very diligently with our customers to convert those games out in compliance with the judge’s order. Happy to say at this point we’ve not had a single removal request from our customers, and we have a line-up of great games from a deep portfolio of franchises such as Ultimate Fire Link, Invaders (Attack Again from the Planet Moolah), Dancing Drums, Huff n’ Puff, Wizard of Oz, and many more that we’re working on, from which we can backfill these requests.”
When the judge issued the injunction, Light & Wonder stock plunged.
Anyone follow this stock? Could be worth a buy on dip opportunity, although it has already started to rebound.
Light & Wonder shares closed Friday at $93.39 a share, up $3.93 or 4.4 percent per share from the previous day on slightly-above-average volume. On Sept. 24, shares fell from $113.72 to $90.41 and $1.3 billion in company market value was wiped out after the court ruling was made public.
Ticker: LNW
Las Vegas gaming equipment manufacturer Light & Wonder has begun removing its approximately 2,200 Dragon Train-themed slot machines from North American casinos in compliance with a September court order.
But the company says it intends to replace Dragon Train with other branded machines and will press ahead with development of Dragon Train 2.0, the next version of the machine.
Light & Wonder CEO Matt Wilson, in a video statement on the company’s website, said the designer of Dragon Train is no longer with the company. Two Dragon Train game designers formerly worked for Aristocrat.
U.S. District Court Judge Gloria Navarro on Sept. 24 granted Australia-based Aristocrat Technologies Inc.’s request for a temporary injunction blocking “continued or planned sale, leasing, or other commercialization of Dragon Train,” which Aristocrat contends uses intellectual property developed for its Dragon Link and Lightning Link games and that what Light & Wonder produced was “a cheap knockoff.”
“We have approximately 33,000 leased units installed in the market, and Dragon Train represented a mid-single-digit percentage of that install base, or roughly 2,200 units,” Wilson said. “We’re working very diligently with our customers to convert those games out in compliance with the judge’s order. Happy to say at this point we’ve not had a single removal request from our customers, and we have a line-up of great games from a deep portfolio of franchises such as Ultimate Fire Link, Invaders (Attack Again from the Planet Moolah), Dancing Drums, Huff n’ Puff, Wizard of Oz, and many more that we’re working on, from which we can backfill these requests.”
When the judge issued the injunction, Light & Wonder stock plunged.
Anyone follow this stock? Could be worth a buy on dip opportunity, although it has already started to rebound.
Light & Wonder shares closed Friday at $93.39 a share, up $3.93 or 4.4 percent per share from the previous day on slightly-above-average volume. On Sept. 24, shares fell from $113.72 to $90.41 and $1.3 billion in company market value was wiped out after the court ruling was made public.
Ticker: LNW
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
October 9th, 2024 at 6:22:22 AM
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NVDA back in the 130s.
NFLX over 720 again.
Monday was a great dip buying opportunity. I traded that day, made easy money, didn't hold - would have made a lot more.
Still, I have my very long term NFLX.
NFLX over 720 again.
Monday was a great dip buying opportunity. I traded that day, made easy money, didn't hold - would have made a lot more.
Still, I have my very long term NFLX.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people.
https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
