Q1 results are out, time for some short follow-up.
Bed Bath & Beyond (NASDAQ:BBBY) went bust, and many other unprofitable companies should follow suit, but it’s a good start.
Bitcoin still costs 27k tethers, so, I think, we are far from the bottom but definitely closer since my previous post: Bloodbath and Beyond.
An interesting article on BBBY: The United States of Bed Bath & Beyond.
Ok, moving on.
Continue reading “WeBankrupt™”
Well, it’s the end of the year, and I can post a quick update on stocks and finally boast about my investment achievements.
Also, must admit that this text is still written by me and not by ChatGPT, so typos and mistakes are all mine.
Continue reading “Bloodbath and beyond”
My first purchase of Vermilion Energy Inc. (TSX:VET, NYSE:VET) shares was in the second half of 2019 at around C$27.
I was chasing yield (whoa, 15% dividends!) and didn’t read financial reports (debt, what debt?).
Basically, I sucked at stock investments back then even more than I suck now. The timing was very bad, and COVID with lockdowns was just 8 months away.
My 15% dividends turned into 0% and the stock price dropped to as low as ~C$3 in the middle of 2020.
Continue reading “Who wants to be a Vermilionaire?”
And why I’m not buying it.
I was contemplating buying TSX:U.UN for some time already, but couldn’t force myself to buy a single share so far.
Since Kuppy and Doomberg (and many others) are constantly pushing it to the masses, I’ve decided to turn my gut feelings into real reasons and put them in writing.
Continue reading “Sprott Physical Uranium Trust”