Money Investing megathread extravaganza - Page 195

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Rain Man** · 06-03-2019, 04:30 PM

A couple of years ago, I bought a little stock in Dupont.

They then promptly merged with Dow Chemical to form Dow Dupont.

Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont.

Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva.

I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere.

scho63 · 06-03-2019, 05:06 PM

Quote:

Originally Posted by Rain Man

A couple of years ago, I bought a little stock in Dupont.

They then promptly merged with Dow Chemical to form Dow Dupont.

Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont.

Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva.

I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere.

Is this the trick they pulled on you?

**Rain Man** · 06-03-2019, 05:07 PM

Quote:

Originally Posted by scho63

Is this the trick they pulled on you?

I think so. They kept telling me to pick a stock and I swore I had the right one, but it never had the profit hidden underneath.

ChiliConCarnage · 06-03-2019, 05:08 PM

I think it's done now, Rain, as they've split into 3 companies which was the plan.

I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though

with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks

**Rain Man** · 06-03-2019, 05:12 PM

Quote:

Originally Posted by ChiliConCarnage

I think it's done now, Rain, as they've split into 3 companies which was the plan.

I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though

with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks

Yeah, I got bit by FANGs pretty hard today, too.

RunKC · 06-06-2019, 03:27 PM

Okay maybe I was wrong about BYND. At 116 now. Shot up $17 after close on their first earnings report. Wow

ghak99 · 06-06-2019, 07:04 PM

Quote:

Originally Posted by RunKC

Okay maybe I was wrong about BYND. At 116 now. Shot up $17 after close on their first earnings report. Wow

My long term guess was wrong as well, but I haven't had time to try to time them for another quick buck.

RunKC · 06-07-2019, 07:28 AM

Goddamn BYND went up $25 total in the after hours due to their earnings call.

That is insane

**TinyEvel** · 06-07-2019, 08:47 AM

Quote:

Originally Posted by RunKC

Goddamn BYND went up $25 total in the after hours due to their earnings call.

That is insane

Stoked over here!

ghak99 · 06-07-2019, 05:51 PM

They've been pimping BYND and their products on a couple different TV shows this afternoon. Looks like anyone who stayed in from the start is getting a fun ride.

RunKC · 06-10-2019, 08:05 AM

Holy ****ing shit. It’s at $177

ghak99 · 06-10-2019, 08:55 AM

Quote:

Originally Posted by RunKC

Holy ****ing shit. It’s at $177

I'm a ****ing idiot, but getting a piece of the start and the end will be better than nothing. Assuming I can dump this second run before it pops.

**Munson** · 06-11-2019, 09:59 AM

BYND down 21% at the moment after a downgrade from JP Morgan.

**Buehler445** · 06-11-2019, 12:06 PM

Corn is up. HAHA

**lewdog** · 06-12-2019, 09:07 PM

Still reading my Technical Analysis of the Markets book. Not a lot of time, so I try to do about 10 pages every few days and review the material on a current chart.

Using support and resistance levels for basic tracking. Now learning about moving averages and how to use them to track trends for short term or long term trading. I can definitely see how a moving average helps you see when a trend is reversing course.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $2036899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 51,768

06-03-2019, 04:30 PM	#2911
Rain Man NFL's #1 Ermines Fan Join Date: Jul 2001 Location: My house Casino cash: $3328491 VARSITY	A couple of years ago, I bought a little stock in Dupont. They then promptly merged with Dow Chemical to form Dow Dupont. Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont. Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva. I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere. __________________ I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit. Last edited by Rain Man; 06-03-2019 at 04:39 PM..
Posts: 141,405

06-03-2019, 05:08 PM	#2914
ChiliConCarnage TACO SALAD Join Date: Apr 2008 Location: yes Casino cash: $1808468	I think it's done now, Rain, as they've split into 3 companies which was the plan. I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks
Posts: 5,869

06-06-2019, 03:27 PM	#2916
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $2259611	Okay maybe I was wrong about BYND. At 116 now. Shot up $17 after close on their first earnings report. Wow __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Noah Gray
Posts: 46,052

06-07-2019, 07:28 AM	#2918
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $2259611	Goddamn BYND went up $25 total in the after hours due to their earnings call. That is insane __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Noah Gray
Posts: 46,052

06-07-2019, 05:51 PM	#2920
ghak99 MVP Join Date: Jan 2007 Location: Missouri Casino cash: $1932250	They've been pimping BYND and their products on a couple different TV shows this afternoon. Looks like anyone who stayed in from the start is getting a fun ride.
Posts: 8,200

06-10-2019, 08:05 AM	#2921
RunKC Andy Reid Supporter Join Date: Apr 2012 Casino cash: $2259611	Holy **ing shit. It’s at $177 __________________ Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Noah Gray**
Posts: 46,052

06-11-2019, 09:59 AM	#2923
Munson Roy E. Join Date: Sep 2005 Location: Olathe, KS Casino cash: $11969646	BYND down 21% at the moment after a downgrade from JP Morgan.
Posts: 22,719

06-11-2019, 12:06 PM	#2924
Buehler445 Supporter Join Date: Apr 2007 Location: Scott City KS Casino cash: $2324734	Corn is up. HAHA
Posts: 56,779

06-12-2019, 09:07 PM	#2925
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $1911900	Still reading my Technical Analysis of the Markets book. Not a lot of time, so I try to do about 10 pages every few days and review the material on a current chart. Using support and resistance levels for basic tracking. Now learning about moving averages and how to use them to track trends for short term or long term trading. I can definitely see how a moving average helps you see when a trend is reversing course.
Posts: 45,571