Off-Topic Stock Market & Crypto Discussion

[JD08]

 

[TheEye]

Averages are above the April 2 close for the first time.

 

[GladeCane]

For those that have bought and held Galaxy Digital (BRPHF), here is an update. NASDAQ listing is approved and will be trading under the symbol GLXY. They are switching a lot of capacity from Bitcoing mining to AI hosting.

Uplisting is a big deal, since a lot of institutions wouldn't touch Galaxy due to it's listing on OTC.

 

[90scane]

I’m staying as a bear. Just don’t think we get to August without a recession. I just hope the existing wars don’t expand.

 

[Bird4um]

For those that have bought and held Galaxy Digital (BRPHF), here is an update. NASDAQ listing is approved and will be trading under the symbol GLXY. They are switching a lot of capacity from Bitcoing mining to AI hosting.

Uplisting is a big deal, since a lot of institutions wouldn't touch Galaxy due to it's listing on OTC.

Owned it for a long time

 

[GladeCane]

Owned it for a long time

Me to.

 

[Cmuri]

Trump fast tracking mining projects. Certain stocks will benefit.

I haven’t bought in yet but here’s an idea.

US greenlights rare earth mine next to Mountain Pass in California

The Department of the Interior issued its approval for Dateline Resources to continue its development of the Colosseum rare earths project.

www.mining.com

 

[Bird4um]

Opinions.... How long do you hold a stock that is flat/negative, before giving up?

 

[90scane]

Opinions.... How long do you hold a stock that is flat/negative, before giving up?

How big is the loss? How soon do you feel like it will bounce up?

Could you sell for a loss then buy it again in 1-2 months at a similar price. Invest the cash in the short term.

 

[Hurricajun]

I haven’t bought in yet but here’s an idea.

US greenlights rare earth mine next to Mountain Pass in California

The Department of the Interior issued its approval for Dateline Resources to continue its development of the Colosseum rare earths project.

www.mining.com

Currently looking at this. Will report back.

 

[Bird4um]

How big is the loss? How soon do you feel like it will bounce up?

Could you sell for a loss then buy it again in 1-2 months at a similar price. Invest the cash in the short term.

Loss is big. No idea if they ever come back. I’m sure I could rebuy but do I even want to?

 

[90scane]

Loss is big. No idea if they ever come back. I’m sure I could rebuy but do I even want to?

Then why hold? Just take the losses and buy what you believe will perform best for your plans.

 

[Cmuri]

Currently looking at this. Will report back.

Find anything on this. Up 48% today

 

[Cmuri]

$50 OTC fee for each transaction kept me out of that play. It’s up over 100% today.

 

[Tony4Canes]

 

[Hurricajun]

Find anything on this. Up 48% today

Waiting on my funding to clear. Set it all up yesterday. Going in blind after a few drinks. I’ll keep you informed lol

 

[Cmuri]

I’m looking to buy some $SALM over the next couple days. Also put in some funds into tzero to buy the buybuybaby token that Marc Lenomis and $BYON is offering this Thursday.

 

[hotshot]

Hedge Fund Mgr Paul Tudor Jones: “For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock market,” Jones said on CNBC’s “Squawk Box.” “We’ll probably go down to new lows, even when Trump dials back China to 50%.”

 

[mr.h]

1- Fed will not cut rates
2- Tariff worries
3- US Trade deficit at record high
4- Bear market
Have a good day.

 

[GladeCane]

Hedge Fund Mgr Paul Tudor Jones: “For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock market,” Jones said on CNBC’s “Squawk Box.” “We’ll probably go down to new lows, even when Trump dials back China to 50%.”

Tudor was bearish over the past several years and missed out on bull market runs.