I post images of stocks I think are tradable. News junkie, earnings junkie. IAAGG Not investment advice. My thoughts are random and are not recommendations.
@gregrieben I have a theory the President never shuts up which is very unsettling, the news characterizes everything the President does as a sign of the apocalypse. The socials echo chamber is upsetting. As a result people are fearful while things are great
.@lukerosiak talks about a Medicaid fraudster who flaunts on social media a life of private jets, yachts, etc. "These are people that came here as refugees & now they’re living as millionaires [via fraud]."
ROSIAK: "Whistleblowers in the [Columbus] area tell me companies knock on doors in ethnic neighborhoods, where most people are on Medicaid & most people live in multi-generational households, & they tell the older family member to go to particular doctors & claim particular symptoms, & then they will put the younger family member on their payroll with the parent as their only patient.
"Now that triggers payments of up to $90,000 a year, which the company splits with the younger relative & the younger relative splits with the older relative. 81 percent of Bhutanese are on welfare, a fact that some of the remainder use to become obscenely rich.
And I had a story just yesterday, a 29-year-old named Roshan Adhikari works at his dad’s home health-care company. His social media documents a life fit for a rapper or a movie star. He’s drinking champagne on private jets, he’s on his yacht, he’s making movies starring himself. This was funded — his dad — his dad has this company that was paid $17 million for taking care of old people. Well he’s got it apparently another full-time job, he’s doing this on the side. The dad hasn’t paid taxes in, like, five years, he’s got tax liens in Ohio at the state level in a Cuyahoga County. And the 25-year-old brother has his own home health care company that got $10 million. So these are people that came here as refugees & now they’re living as millionaires & they’re getting the money because the other refugees are all on Medicaid & then are claiming to be very sick."
@TheTranscript_ My guess is that there was nothing wrong with the conference call, but that everybody in the world already owns plenty of a AVGO and so this is a great place to take profits
@TedHZhang@elonmusk I think the way to look at this is, it keeps going as long as the industry is spending massively . When the wind down of spend is just around the corner start looking for the top. 2027-2028 problem ?