Originally Posted by OSA
This is what happens when you listen to Tine where the fall of American civilization is ALWAYS juuuuusstt around the corner.
Stonks always go up.
Except SWBI that is. No debt, insane year over year earnings, 8 million new gun owners, avg gun owner has 8 guns( that seems a bit high, but I have 0 so who am I to judge), hires 300 new employees and increases production to ensure streamline, and it was at its 6 month low yesterday.
But every tech company comes out and shoots up faster than my dick at a high school wrestling meet with no sales or previous earnings.
MGM -- having spent a week at the Bellagio recently i can say you should run, not walk, away from the stock.
Fall of American Civilization -- it is coming, just a slow-roll to get there.
SWBI -- one of the greatest and enduring lessons I have learned the hard way about stocks and investing is that you can be right, and still be wrong. I've been there too many times, so now i just accept it is all a game run by the Jews in tall buildings who belong to a club i will never have access to. Thus, it is all a crap shoot in the near term and that Buffet is right, buy stocks in companies you understand and it will give you the best chance at some meaningful appreciation over the long [long] term and also allow you some means to get out when things don't look right.
Just my .02 cents.
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