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Comment by melling | Hacker News Reader

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melling·

The stock has blown up. It has more than doubled for me. Almost tripled.

It’s quite expensive now.

I would encourage you to do your own research.

For some reason, HN has very little depth in stock market understanding. HN passed on META at $100.

I know there are some very knowledgeable people here. Wish there was a way to create a “subreddit “ here without all the Reddit noise.

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One of the reasons I still frequent this forum is to countertrade the espoused opinions. Meta@100 was such an easy buy, Everyone was talking as if they were going out of business because they did not like the idea of the metaverse. A quick look at their earnings said that was utter nonsesnse. So bizarre to see all jounalists and many users here to attribute the turn around to them pivoting to AI when that was not at all what the CEO was saying during that time. Always look for primary sources, opinions are funny.

If you were buying in the $6s, it nearly 7x'ed in like a year

HN has always lacked economic and stock market knowledge and instincts generally speaking. Most comments tend to say it’s rigged, evil capitalist, etc. Guessing because hackers generally tend to swing far left and socialist though weird as a lot of founder and entrepreneurs are active on HN as well.

There is a long tradition of show HN were the comments poo poo startups and ideas which end up being huge and the opposite is also true with praise and admiration of failures.

Common sense gets in the way of gamblers instinct.

Are there any good forums where people do have good market knowledge and share it?

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