Comments by "" (@jmitterii2) on "What's Going on With Tupperware's Stock?" video.

  1. By the way, these persons and entities shorting stock... while I'm not against it completely, shorting is highly risky... infinite risk, finite reward... its useful only really to hedge against losses... a not really short, put option to collar a position. Short selling outright borrowing shares is mostly just risky speculative stupidity as dumb as longing on margin. So it's as risky as reddit folks and others meme stocking on the long side to short. Both are gambling their silly butts off. But with an actual edge than buying the poor person tax of a lotto ticket. Just be in and have a time table to get the heck out and price targets when gambling on these meme names. It's fun. But be careful. And has better probability to make some cash from gambling these than buying scratch lotto or big lotto tickets to actually walk away with profits. Actual gambling itself, is really just a poor person tax; particularly the state lottos... which in my personal opinion should be abolished. They serve no useful purpose other than to offset taxes later on , on to the desperate poor who have reached peak fatalism and throw their money at a phony dream of winning it big on lotto tickets... they're as well off as just lighting their money on fire as to buying a lotto ticket. Where speculating on a meme stock with some sort of strategy in mind... you can actually walk away with some profits. Just don't go 100% with all your investment money or savings or money you need to pay your rent. Even on "good" investments, you don't want to do any of that. Because any stock can be extremely overvalued... TSLA for instance. Or even AAPL at present; as we're seeing a fairly big pullback right now.
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  2. I traded TUP the other day.... DCA 3ish... sold way too soon, after market the other day but it was funny. Didn't realize it was bankrupt at the the time. LOL!
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  3. Milton Friedman was a liar. Markets are idiotic. Nothing magical about them. And have always been. They're a social construct. These times will demonstrate the idiocy and pointless of Friedman economics we're all suffering to today. I made profits off a bankrupt company. Not shorting it to the ground, but longing the stock and selling that stock at an even higher price. That's freaking hysterical.
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