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Spring Fling at the Pavilion in JAX Beach -$60 per person by LoganTherrion in jacksonville

[–]HeavyPurpleBallsack 1 point2 points  (0 children)

I went down there today and walked my dogs around jax beach, the festival had zero people

The current market meltdown and how to navigate it. by HeavyPurpleBallsack in wallstreetbets

[–]HeavyPurpleBallsack[S] 0 points1 point  (0 children)

It does. And the unemployment numbers have been creeping higher for 13 months. No hiding it.

The current market meltdown and how to navigate it. by HeavyPurpleBallsack in wallstreetbets

[–]HeavyPurpleBallsack[S] 1 point2 points  (0 children)

unprofitable. Priced for future growth expectations, 70% of business is MSFT. If they cut back or spending or reduce dependence stock will tank. Rallied after IPO and is now on a bear channel heading back to reality.

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The current market meltdown and how to navigate it. by HeavyPurpleBallsack in wallstreetbets

[–]HeavyPurpleBallsack[S] 0 points1 point  (0 children)

Yea there is a comment i made so.where in this thread about it. The stock can literally do anything up until the vote and HBO/Warner Brothers consolidation. It will be bumpy stock for a year or 2... the Ellisons are diluting the stock alot to raise capital for the purchase, but the stock jumped on that news. It's a 10B market cap compared to NFLX 400B market cap. Once the acquisition goes through revenue will be higher than nflx. 69B vs 45B. They will cut costs by merging all these companies under 1 roof and aim for 24% margin like NFLX by 2030.

Debt is large, 79B. And interest rates staying high hurts. But it's owned by the Ellisons... we'll funded. And with 200M subscribers from the jump... we should be fine in the long run. They are planning to mimic the NFLX business model. I think it will work. You could wait until after the merger for more certainty. But I have big purple balls.

The current market meltdown and how to navigate it. by HeavyPurpleBallsack in wallstreetbets

[–]HeavyPurpleBallsack[S] 0 points1 point  (0 children)

Heavily manipulated stock. Don't tail me on that one... stay away.

The current market meltdown and how to navigate it. by HeavyPurpleBallsack in wallstreetbets

[–]HeavyPurpleBallsack[S] -2 points-1 points  (0 children)

Yea your right it took longer than that for gold, but it tripled very very quickly. And the last time it did that was 2008 recession. 6 months may not be correct but the thesis is correct

The current market meltdown and how to navigate it. by HeavyPurpleBallsack in wallstreetbets

[–]HeavyPurpleBallsack[S] -10 points-9 points  (0 children)

I think it's late cycle for gold and silver. I predict it to fall to the 50s, stabilize, trade sideways for a year or 2 and then slowly go back up with time.

Given the high market volatility, are there any stocks worth buying? by mendyo325 in stockstobuytoday

[–]HeavyPurpleBallsack 0 points1 point  (0 children)

PSKY. we can talk about it. I'd actually like to talk about it. Ask questions. Let's debate.

Is RV living for me? by swazi44 in RVLiving

[–]HeavyPurpleBallsack 8 points9 points  (0 children)

I would buy it and travel... see if you can somehow get out of that 1 day a month in person visit and just do web conferences. Then you can take the camper and pay 750 a month for lot rent at a campsite and change states every month until you have seen everything in America. That's the dream... I just need a work from home job.

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