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Jake Broe
Jake Broe
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Comments by "Jake Broe" (@JakeBroe) on "I Sold Out of ASPS! Here is Why..." video.
Hey Walter! Not at this time. I'm actually in the field right now for my job in the Air Force. I just can't manage more than what I am currently doing for YouTube but I will look in to this sometime in 2022!
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I doubt it. A stock with a $200 million market cap isn't going to budget because I posted about it, haha.
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Hey DM! When I bought in to this stock in June, I thought the Fed would be more aggressive in bond tapering and raising interest rates to combat inflation by now. But it just doesn't look like that is going to happen anytime soon. Home prices keep going up because of inflation and there really isn't a reason why anyone should be getting foreclosed on if their home has gone up in value 20% over the last 2 years and they can just sell it. I could be wrong, but there are other short term plays I want to make at this time and would rather move cash around.
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Hey coir! I like AMAT. Fundamentals look strong and the chart looks like it is due to trend up soon. I considered it, but currently like HCA and GD better.
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I honestly don't know. Home prices have gone up so much, and wage increases and job openings are so strong, I don't see why home foreclosures would increase at all.
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Thanks Jeff! That's smart to stay concentrated and just go with your highest conviction stocks! Cheers!
2
Happy Thanksgiving Raj!
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I wasn't trying to short term trade this. I stated when I got in to it in June that I wanted to hold it for at least a year. You are giving a technical analysis reason as to why to get out of it. I sold it today because their fundamentals are not great and I don't see them improving anytime in the next year. I could be wrong. If they report a great quarter in January, this stock could shoot back up 20%+ in a day.
1
Looks like we got out at a good time! Cheers Rabbit!
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I agree RMAR! This stock shoots up huge on news and it only takes a little bad news for people to rush back to this stock. Cheers!
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Thanks Izzy! Cheers!
1
It's been a week and it definitely was! Cheers D!
1
I wish I could!!
1
My cost basis was $7.75. So I'm up $2,600.
1
Hey Jeannette! Your WFIOX fund performs well. It's giving you the same return as the S&P 500. The problem is the expense ratio of 0.25%. That's a total rip off for an index fund when Fidelity, Schwab, and Vanguard offer the same fund for expense ratios of 0.00% to 0.04%. But that is just how it is with company 401Ks. Companies don't know what they are doing and don't sign up for the best plans. It's annoying, but still a good fund to be in long term.
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It appears to found some pretty nice support. But this company still has negative shareholder equity right now (debt exceeds value of company) and I still don't see the mortgage default business skyrocketing in the next couple years while housing prices remain strong.
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Hey UGL! Lots of people have been asking for a video like this. I'll make something soon how I look for stocks!
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Thanks for watching Brandon! Cheers!
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