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Haha wow, what a wild day. That's a single day 17% swing haha. For me, a $200k swing hot damn. This is even more wild than the day earlier this year I had a $100k swing.
About a year ago I decided to hold and go long. My plan is to wait until year 2030 and see where things are at that point. I am 36 years old and have plenty of time before I need to retire. If in 10 years the stock price goes to $10,000 + I will consider retiring early.
Today's stock price movement was interesting to watch but not concerning at all.
Ok I'll take a stab at it. It is counter intuitive but without a certain level of equanimity, a huge win is no different than a huge loss. Over a long enough period of time, more money can bring just as much joy as it can bring misery. A person very overtly displaying the lack of the required equanimity through theis posts simply got a slight nudge to maybe re-evaluate where they're at, that is all. Reality will ultimately get the job done one way or another, but it could be a lot less painful if one wakes up and restores the inner balance on their own accord. In case of TT, to me this is a pretty clear (and annoying) cry for recognition/appreciation, and when the Forum fails to deliver, he curses and leaves. This would be the likely audience that he could extract a certain level of reverence out of, but we fail those expectations.
Its old news. Källenius talked about incremental job cuts in the shareholder meeting Wednesday and the news does not include and numbers. 10 - 20k had been discussed before. Right now Management negotiates with the worker council/unions.