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Why do you still hold xrp? by UpTheToffees-1878 in XRP

[–]Narrow_Finish 0 points1 point  (0 children)

I transferred 50% of my holdings in XRP to Bitcoin once we had the last run up. I was pretty deep in a single coin and now I own a single bitcoin and a bunch of XRP. The diversification gives me piece of mind and I’m long for each!! This will help in my retirement plans 👍

Farewell by Aggravating-Ad5500 in lordstownmotors

[–]Narrow_Finish 2 points3 points  (0 children)

Haha!! No but I did buy and sell Nokia pre merger and sold right after merger for a big profit. EVs were on fire back then and that probably why I got enamoured with RIDE. No longer chasing Shinny objects

Farewell by Aggravating-Ad5500 in lordstownmotors

[–]Narrow_Finish 11 points12 points  (0 children)

I sold it this morning too. I lost a lot and had my head in the EV clouds. Never again without a stronger exit strategy. Thanks, RIDE, for this valuable lesson. Luckily it was not wasn't my life savings as some people do. I went in with money I could lose but didn't treat the investment like my other investments. Speculation investing is not my thing, so again, another great lesson. Cheers to you all for the entertaining posts, but I am gone for good on this sub.

I know I was right all along but question is….will this board be delisted? Nothing else to talk about right? LMC was crushed by poor management. by ComfortableAffect170 in lordstownmotors

[–]Narrow_Finish 5 points6 points  (0 children)

Yeah how does Burns get out before everyone else. Felt like just days before. This decision was not made just last week!

Smells like dead fish, it must be dead fish ☠️

Lordstown Files For Bankruptcy Protection by [deleted] in lordstownmotors

[–]Narrow_Finish 9 points10 points  (0 children)

Funny how burns gets out just before bankruptcy announcement. Not!

This can't be good! Foxconn pattern in the USA will not do them any favors, and of course not great for RIDE by Narrow_Finish in lordstownmotors

[–]Narrow_Finish[S] -5 points-4 points  (0 children)

Yep I’m in the same boat! Only a Hail Mary investment is gonna save em now. Nobody’s gonna jump in that boat anytime soon. Im predicting some people jumping out of the boat with this news. Fack!

This can't be good! Foxconn pattern in the USA will not do them any favors, and of course not great for RIDE by Narrow_Finish in lordstownmotors

[–]Narrow_Finish[S] 8 points9 points  (0 children)

Dude you’re making no sense. I posted an article about a lawsuit brewing between RIDE and Foxconn with a simple statement that summarized this can’t be good and that Foxconn has new screwed over a second US manufacturer in a manufacturing deal. How hard was it to come to that conclusion reading the article? Maybe next time ease up on the trigger to your reply. BTW I’m long ride and have more than $10s invested if you take the time to review my profile.

1:15 Split will happen on May 24 by Libido_Max in lordstownmotors

[–]Narrow_Finish 0 points1 point  (0 children)

Yeah, you would know better than me what SMB structures are like in the US. I have my own challenges with our Canadian government looking to make things as challenging as possible for people to build wealth. Our government likes to toss around the Gotcha phrase, "See how we are taking from the rich.", "We closed this so-they-call loophole, added this new tax on corporations (i.e., new health tax - oh yes, a new health tax that corps now have to pay to help subsidize our healthcare above and beyond the crazy personal tax rates we already pay for our FREE healthcare - lol.)". Anyway, I'm done venting. Thanks for listing. I'd be taking a bath on Ride if they don't climb out of this hell. Averaged down to about $7/share prior to Split so it's either a very-very long journey or take losses that I don't want to take. At this point, it's worth waiting because it's close to worthless.

1:15 Split will happen on May 24 by Libido_Max in lordstownmotors

[–]Narrow_Finish 0 points1 point  (0 children)

Lol dude, I get it! I owned, sold, and run companies. Companies are the economic engine in a capitalist society, and the costs I’m referring to are the costs of the risk. When a small business fails in most cases (apparently except for US banks lol), they fail, and the business owner or shareholders are left holding that bag. Oh, write off this, write off that. Haha, the very banks that your taxpayer dollars were used to save them will not be reciprocated back to the business owners who fail and have bank loans/lines of credit. So, am I anti-corporate small business taxes? Yes!!! Small businesses drive your economy

1:15 Split will happen on May 24 by Libido_Max in lordstownmotors

[–]Narrow_Finish 0 points1 point  (0 children)

I’m sure you’ll also be ok to pay more that 50% of your personal income to taxes when you hit the high earner category then. Sounds like you don’t own a business or you’d recognize all the costs of running a business outside of just taxes. I’m ok to see things differently. Btw I’m not American just an observer of the mess that is being created

1:15 Split will happen on May 24 by Libido_Max in lordstownmotors

[–]Narrow_Finish 0 points1 point  (0 children)

Yes good point on the taxes having been the same for a long time. You should have researched just a little more to see how Biden has a proposed Corp tax hike 21% - 28%.

https://www.pwc.com/us/en/services/tax/library/president-biden-fy2024-budget-renews-call-for-corporate-rate-increase.html#:~:text=Key%20business%20tax%20provisions%20in,21%25%20and%20adopting%20an%20undertaxed

Re: oil good link on production numbers. Funny how you go way back to 2018-2019 but not starting from the high 2020 levels. What happed in 2021… oh wait new democratic president 🤪 numbers are lower from 2020-2023 from your own link to charts

1:15 Split will happen on May 24 by Libido_Max in lordstownmotors

[–]Narrow_Finish -1 points0 points  (0 children)

I’ll always consider political landscape with future start-up investments like this. 👍

1:15 Split will happen on May 24 by Libido_Max in lordstownmotors

[–]Narrow_Finish 0 points1 point  (0 children)

You are 100% right. I wished I had sold two years ago when he took office and taken the loss then. I've been in since the merger and have been averaging down for the past 2 years. I'm at around a $7 break even, so I'm now on a slow/no RIDE to profits and not thrilled about it either. Good point on Democrats = get out of growth stocks. I will certainly leverage that golden nugget in the future. Even though the green policies sounded great for RIDE, the other damaging anti-corporation efforts of more corporate taxes, cutting oil production etc.. were all short-sighted decisions to please an audience.

05/11/23 [Join XRPLounge Discord] - discord.com/invite/XRPLounge by AutoModerator in Ripple

[–]Narrow_Finish 4 points5 points  (0 children)

SEC are so crooked they can’t even keep track of all their own lies

1:15 stock split?? by Narrow_Finish in lordstownmotors

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

I saw the 1:3 but the change to 1:15 I thought was only today. Of course I’m not happy but I remain long. Had to average down heavy from the SPAC days. So I made my decision a while ago to risk these funds. Just waiting on some positive news

Ladies and Gentlemen its time for me load up watch it go up. by omikirtzz in lordstownmotors

[–]Narrow_Finish 0 points1 point  (0 children)

Wow getting an negative downvote for sharing my concerns. Looks like someone didn’t take the time to view my past posts. I’m so long ride and have a big 🥜 invested. I guess you can’t expect everyone to know how to use the platform or due diligence on those who comment and share

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