Stocks

[ArtDrake]

Since I'd like to talk about stocks and why exactly they are where they are, I think this would be a good place to put this topic.

My Apple is all the way up to 275 from 265 a week ago, meaning I'm $1000 richer. However, I'm probably going to lose it back soon.

[Duskling]

TAKE DA MONIES! TAKE DA MONIES! But, seriously, you could do a lot with $1000, so, yes, take the cash.

[ArtDrake]

Unfortunately, the long term capital gains tax is such that if I were to sell, I'd lose half the value of my stocks. Short term is worse, but fortunately, I've held the stock for more than 2 years now.

I can't figure why Apple is going up like this, though.

[The Holy namelesskitty]

more people are buying ipads because their friends say that they actually are more than ipod-touchs for people with big hands

[ArtDrake]

They are!!??

But seriously, I was looking, and Microsoft has a LOWER enterprise value and market cap than Apple. Tesla Motors is all the way up to 21.5 or so, even though they have yet to make a profit. Exxon mobil is worth $60.78 a share, and Shell is at $56 a share. This is just wierd.

[The Holy namelesskitty]

Because everyone hates BP.

[bugfartboy]

Here's why everyone hates BP:[spoiler]To the tune of the Spongebob theme song:
[spoiler] Ohhh!!!
Who died in an oil spill because of BP?
Spongebob Squarepants, Spongebob Squarepants, ohh Spongebob... Squarepants!!! [/spoiler] [/spoiler]

[The Holy namelesskitty]

I could not stop laughing long enough to sing it to myself, and I pride myself on singing, despite a lack of voice lessons.

Go to YouTube and search BP spills coffee.

[bugfartboy]

Bah Hah! So much like the oil spill. No wonder stocks are falling.

[ArtDrake]

I guess that would explain why Shell and Exxon are up.

[The Holy namelesskitty]

That was my point, nobody is buying from BP but they still need gas.

[ArtDrake]

But still, the Tesla Motors thing: what have they done recently?

[ArtDrake]

HOLY CROW; IT'S UP TO 283!!!

[Duskling]

HOLY CROW; IT'S UP TO 283!!!

Thousand? If so... TAKE DA MONIES! TAKE DA MONIES!!!!!!! If not, then you just got screwed, mate.

[bugfartboy]

Note he said "up" to. Not down to. It must be a good thing.