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  1. The_Krakenite

    Inflation pushes retiree back into workforce after 20 years: 'I need compensation'

    Just move to Italy. The country is in a death-spiral, can't service its debt and is now taking even MORE loans out just to appease the retirees and pay out more benefits (insane or what?). No politician wants to go against the trend and lose votes. So... future generations will pay, and guess...
  2. The_Krakenite

    Two Catalysts For Chipotles Going Forward

    Damn that stock looks expensive. But to be honest, with the US equities headed for lower and lower fire-sale prices, is there really going to be a need for stock splits by next month anymore? Haha. I'm not really sure about CMG, when it comes to these types of securities, the closest thing I've...
  3. The_Krakenite

    Another Elon shitter-coin

  4. The_Krakenite

    I'm halting (most) purchases on crypto...

    Hmm... Well I'm only planning to accumulate inside registered accounts, so all distributions would be tax-free. I'll have to do some more math sometime on QQQ. Looking at Cap-reit, this seems to match the pattern of what Buffett would call an equity-bond. Sure it has a few dips during crisis...
  5. The_Krakenite

    Get into AXS now, or wait?

    Ok, so the consensus layer here so far is... to wait for a better entry price. Haha!
  6. The_Krakenite

    What are you presently reading?

    I had a very long trip on Friday, so loaded up on Audiobooks. Went through these two titles: Warren Buffett on Business Principles from the Sage of Omaha Warren Buffett Speaks Wit and Wisdom from the World's Greatest Investor Both books were vary similar. I'm currently going on a third...
  7. The_Krakenite

    I'm halting (most) purchases on crypto...

    3% is perfect for something like CAP-REIT. Which is Canada's largest. They have a low payout because they are a high-growth REIT. They primarily own apartments, and have a monopoly on them in places like Toronto. No chance of going out of business any time soon.... (knock on wood). They got to...
  8. The_Krakenite

    Get into AXS now, or wait?

    I was not really planning to hit any jack-pot... But even the poorest of the poor Axie I believe was going for $320 at a time, and you needed a minimum of three just to have any competibility at the bottom of the pool. Seems a lot cheaper now for someone to get into-it. At least I can enter...
  9. The_Krakenite

    I'm halting (most) purchases on crypto...

    Well... comparing BTC/ETH to something like SafeMoon/SafeMars.
  10. The_Krakenite

    I'm halting (most) purchases on crypto...

    Alright, this post may not be quite what you think. Basically, I'm looking at REITs, at least the top rated ones in Canada and right now they are selling at over 25% draw-down from the start of the year. These are reliable kings and many have been depressed all the way down to near 2020...
  11. The_Krakenite

    Goldman Says, "Sell Netflix @ $180"...

    It's ok guys. IBKR gave me their scoop...:D
  12. The_Krakenite

    Get into AXS now, or wait?

    I avoided getting into Axie Infinity because by the time it went on my radar-list, the prices had appreciated so much. However, now that things have crashed down, due to hacks and the rest of the downward-market pushing, maybe now I'll add it into my list of crypto-gaming: Gods Unchained...
  13. The_Krakenite

    DOCU bagholder spotted

    Last year I had to make a Docusign account to do anything with legal paper work. I thought, ok, since this is becoming the standard, if it's a public stock I may just check into it... Then I saw the crazy high evaluations, so I ran for the hills.
  14. The_Krakenite

    Pembina (PBA / PPL)

    Well, seems the pipelines did tank a bit at the end of today. I saw the vol spike and was wondering 'wtf is going on?'. Then realized, the CPI comes out tomorrow... people are worried.
  15. The_Krakenite

    What are you presently reading?

    Everyone is different, if you know everything, then it may not be worth reading... as for Practical Speculation, one new thing to me was a bias flaw pointed out regarding the Shiller PE ratios... and examples of why value investors often get in at the worst times. This is something I don't see...
  16. The_Krakenite

    What are you presently reading?

    So, it's midnight here and I have just finished Practical Speculation. It was a good read, because I only come across a few contrarian books to the Shiller crowd. That said, I'm about 1/3 through this next big puppy of 650 pages!
  17. The_Krakenite

    Crude Oil Hits $122.00

    Look on the bright side, when we are all unemployed and not driving anymore, the price will drop down again. Supply & Demand :sneaky:
  18. The_Krakenite

    Get ready for more profit warnings

    Yeah, about those silly sanctions that were supposed to stop the war-- while the war in Europe still rages on in laughter, China and enemies of the state are dancing in the cheapest oil ever... Meanwhile, the US and rest of the western world collapses downward in stagflation.
  19. The_Krakenite

    Roy Niederhoffer on crypto...

    Today's Ropsten test-net completed its test-merge. Only a few more before the big-one. For once this actually happened ahead of schedule.
  20. The_Krakenite

    Pembina (PBA / PPL)

    I regret not purchasing some more LOTs of this pipeline earlier. Naturally, with the war in Europe, this thing just keeps going up like gold. I already closed out my short calls at quite an expense, and am wondering if there is a way to grab these at a later time. The Theory: As the west...
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