• @[email protected]
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    8 months ago

    Looking at a couple hours of a stock means nothing and is purposely misleading. Zoom out and it’s got pretty good upward consistency.

    Posts like this are like the sad ex who can’t move on and just makes up bullshit about their former partner. Let’s move on and make Lemmy better instead of being stuck making up fake news for internet points.

      • @[email protected]
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        288 months ago

        This feels like straight up agenda posting. Posting it to a shitposting sub doesn’t make it any different.

      • no banana
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        48 months ago

        People really seem to think this community has only serious bones in its ruling body

        • @[email protected]
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          88 months ago

          On the other hand, being posted to a shitposting sub doen’t make something a shitpost. Shitposts don’t have to be jokes but just feels like agendaposting, which feels a bit lame in a shitposting sub.

    • @[email protected]
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      318 months ago

      I do this all the time in my reports to execs. If they’re not paying attention to something I’ve been raising, I zoom the y axis in to show big up and down ticks in a visually alarming way. Similarly if they’re obsessed with something stupid, I zoom out and show a much more flatlined and consistent graph so they get the big picture.

    • @[email protected]
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      88 months ago

      Facebook stock had a notoriously horrible IPO. I bought at open and had friends laughing at me when it went to $18ish. I doubled my position.

      Finally sold most of those shares at $475.

      • @[email protected]
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        28 months ago

        Yea now it’s going through fluctuations. When this post went up it was at the peak of the 26th. Either way, we gotta wait this out before jerking ourselves off about a stock crash.

        • @[email protected]
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          28 months ago

          You’re right, I didn’t notice the post was a few days old. I completely agree with you then.

          We can still jerk ourselves off the old fashioned way though.