Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD
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In other news, Market Watch is unsure when to use quotes, and reports on some pretty silly stuff.
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"American Idol" and "McVegan" don't go in quotes, they are not quotes nor are they sarcastic, those are names. You don't put quotes like that around names. This implies that this isn't really the McVegan or American Idol, but something that is just being called that.
This is clearly paid ad placement for Tinder, McDonald's, and Applebee's.
Also, it is non-dairy, nondairy is not a word.
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I took a quick look at Seeking Alpha but it doesn't look very serious. It's all flashing ads, empty articles, and YouTube videos to scams.
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I know nothing about the finance industry. What are a few options worth looking at to get good info?
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@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
I know nothing about the finance industry. What are a few options worth looking at to get good info?
Bloomberg
What kind of info do you want? If you aren't an investor, there's almost nothing useful to read in financial news.
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@scottalanmiller I do a little bit of investing. Nothing too outrageous, just to diversify some of my savings.
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@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@scottalanmiller I do a little bit of investing. Nothing too outrageous, just to diversify some of my savings.
If you want to diversify a savings account do a couch potato mix, or if your feeling lazy get a robo to manage it for you.
Just throw it in a couch potato Index mix and call it a day? IF you really want to ignore it a robo mix (Wealthfront, etc)
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@storageninja I get that.All good ideas.I have thought about the Index funds and that option seems decent. I do enjoy the fun of researching companies and buying a few shares of stocks too. I have never lost money over a years time but dont make much either. Depending on the year its like 5-15% increase. Not sure if that keeps up with inflation at the low end lol.
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@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@storageninja I get that.All good ideas.I have thought about the Index funds and that option seems decent. I do enjoy the fun of researching companies and buying a few shares of stocks too. I have never lost money over a years time but dont make much either. Depending on the year its like 5-15% increase. Not sure if that keeps up with inflation at the low end lol.
Just remember that that "fun" comes from the risk. It's your money and nothing wrong with it, but Index funds are the safest. So if you are using terms like "divesting" which is a risk reduction strategy, but not using Index funds, that's an odd mix.
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@scottalanmiller For the the fun part is researching companies and finding out about cool things they do or have done in the past.
I never used the term "divesting" but i see its value. I just asked about good sources so that I could know a bit more things that are going on. I know about index funds but I want to be more involved.
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@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@scottalanmiller For the the fun part is researching companies and finding out about cool things they do or have done in the past.
I never used the term "divesting" but i see its value. I just asked about good sources so that I could know a bit more things that are going on. I know about index funds but I want to be more involved.
I would say find you some good podcasts to listen to. I listen to many of The Motley Fool podcasts during my commutes.
Motley Fool Market Foolery (Monday - Thursday)
Motley Fool Money (Fridays)
Motley Fool Answers (Tuesday or Wednesday I think)
Motley Fool Industry Focus (Weekdays) -
@scottalanmiller said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@storageninja I get that.All good ideas.I have thought about the Index funds and that option seems decent. I do enjoy the fun of researching companies and buying a few shares of stocks too. I have never lost money over a years time but dont make much either. Depending on the year its like 5-15% increase. Not sure if that keeps up with inflation at the low end lol.
Just remember that that "fun" comes from the risk. It's your money and nothing wrong with it, but Index funds are the safest. So if you are using terms like "divesting" which is a risk reduction strategy, but not using Index funds, that's an odd mix.
Although I understand what you probably mean here and you're just oversimplifying, I can't stand when people say this as a general term. It's not the "safest" for someone near retirement to be parked in an S&P index fund. Over the long run historically, index funds have outperformed like 86% of active funds yes, but that doesn't mean that just parking in an S&P fund is safe for everyone. People still need to understand even basically what's going on in the market and know how to move money around to protect assets as they approach retirement.
Disclaimer: Majority of my money is currently parked in an S&P index fund
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@zachary715 said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@scottalanmiller said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@storageninja I get that.All good ideas.I have thought about the Index funds and that option seems decent. I do enjoy the fun of researching companies and buying a few shares of stocks too. I have never lost money over a years time but dont make much either. Depending on the year its like 5-15% increase. Not sure if that keeps up with inflation at the low end lol.
Just remember that that "fun" comes from the risk. It's your money and nothing wrong with it, but Index funds are the safest. So if you are using terms like "divesting" which is a risk reduction strategy, but not using Index funds, that's an odd mix.
Although I understand what you probably mean here and you're just oversimplifying, I can't stand when people say this as a general term. It's not the "safest" for someone near retirement to be parked in an S&P index fund. Over the long run historically, index funds have outperformed like 86% of active funds yes, but that doesn't mean that just parking in an S&P fund is safe for everyone. People still need to understand even basically what's going on in the market and know how to move money around to protect assets as they approach retirement.
Disclaimer: Majority of my money is currently parked in an S&P index fund
Sure, but in this context, talking to people who are actively investing for a future retirement.
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@zachary715 Thanks for the ideas I will check those out
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@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
I do enjoy the fun of researching companies and buying a few shares of stocks too. I have never lost money over a years time but dont make much either. Depending on the year its like 5-15% increase. Not sure if that keeps up with inflation at the low end lol.
The problem with lots of buying and selling is that trading fee's add up (unless your doing very large orders for single stocks, in which case your taking on a LOT of risk).
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@zachary715 said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@scottalanmiller said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@jmoore said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
@storageninja I get that.All good ideas.I have thought about the Index funds and that option seems decent. I do enjoy the fun of researching companies and buying a few shares of stocks too. I have never lost money over a years time but dont make much either. Depending on the year its like 5-15% increase. Not sure if that keeps up with inflation at the low end lol.
Just remember that that "fun" comes from the risk. It's your money and nothing wrong with it, but Index funds are the safest. So if you are using terms like "divesting" which is a risk reduction strategy, but not using Index funds, that's an odd mix.
Although I understand what you probably mean here and you're just oversimplifying, I can't stand when people say this as a general term. It's not the "safest" for someone near retirement to be parked in an S&P index fund. Over the long run historically, index funds have outperformed like 86% of active funds yes, but that doesn't mean that just parking in an S&P fund is safe for everyone. People still need to understand even basically what's going on in the market and know how to move money around to protect assets as they approach retirement.
Disclaimer: Majority of my money is currently parked in an S&P index fund
Note, my Couch Potato strategy I mentioned includes rebalancing into index's of bonds or bond funds (Actively managed bond funds tend to do a little better than stock index's but I'm using it basically as a proxy for cash so I don't really care that much).
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@storageninja Well i don't do lots. This may not make a lot of sense but I take my time and enjoy researching. When i find something I like i buy a few. I'm not exactly a major stockholder in anything lol. Its more of the journey for me that i enjoy but I also learn too. I just take a small % every month and buy a few of something I like.
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@storageninja I will have to look into your strategy as well!
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Looking at their stocks, looks like this "notorious short seller" didn't even make a dent in their stock progress.
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@scottalanmiller said in Notorious Short-seller labels Ubiquiti Networks $UBNT as FRAUD:
Looking at their stocks, looks like this "notorious short seller" didn't even make a dent in their stock progress.
They are (were in February at least) going through a SEC investigation. This is a fact.
But that does not mean the entire company is going down. It may lead to nothing in fact.
