Michele Grant - Comments

Michele Grant

Financial Accountant
Love discussing trade ideas with others with similar interests. Particularly inteterested in pharmaceuticals, gold and other precious metals.

Latest Comments
Higher Wages: Good For You, Not Good For Stocks
7 years ago

You didn't come off as argumentative at all. Personally I've warned all my friends away from #Bitcoin (and now I have to feel their wrath). But I stil say it's too unstable. Governments could ban it, hackers could steal it, a new "in" digital currency could surplant it, there are so many variables. And it's not like the FDIC will bail out anyone who loses their bitcoins. If it's gone, it's gone. Remember people, this is not a tangible object.

In this article: SPX
The Bitcoin Bubble Explained In 4 Charts
7 years ago

I keep insisting that #Bitcoin is a dangerous fad. But the valuation increases keep saying I'm wrong. But I still say it's one hack away from all coming crashing down. No FDIC insurance to bail out those affected.

In this article: BITCOMP
Bitcoin Value Death Spiral
7 years ago

Very true, I've often warned about getting mixed in with the #bitcoin craze. At some point, governments may make it illegal or require regulations. Or hackers could potentially steal all the value. Give me good ol' gold any day. $Bitcomp

In this video: BITCOMP
Here’s 8 Things You Need To Know About Crypto-Currencies
7 years ago

I agree @[Martin Farrugia](user:54251), read this cautionary artticle about #bitcoin by @[Chris Skinner](user:54359): www.talkmarkets.com/.../the-truth-about-bitcoin I believe bitcoin is a dangerous fad.

In this article: BITCOMP
BLS Caught Fabricating Wage Data
7 years ago

I agree. But the question is, is this being investigated?

Netflix’s Price Increase Signals Original Content Isn’t Enough
7 years ago

I think #Netflix users are a bit like #Apple fan boys. They love the product so much, they are blind to any detractions, even when valid and critical to the company's long term health. I think we can all agree, Netflix has a wonderful product with many satisfied users. But the financials don't lie and can't be ignored.

In this article: NFLX
Overview Of Emerald Health Therapeutics, A Growing Cannabis Producer In Canada
7 years ago

Thanks for the clarification. I admit I am not familiar with the Canadian market nor factored the differences in the two government's stances.

In this article: EMHTF, HMMJ
Overview Of Emerald Health Therapeutics, A Growing Cannabis Producer In Canada
7 years ago

I never understood the craze for investing in #cannabis companies. It has to be one of the riskiest investments there is. Too new with too much uncertainty.

In this article: EMHTF, HMMJ
U.S. Smashes Record: Highest Production Of Lowest Quality Fuel In The World
7 years ago

Fascinating, thanks for the link!

In this article: GLD, UGA
U.S. Smashes Record: Highest Production Of Lowest Quality Fuel In The World
7 years ago

Bobby, i appreciate your two-cents backed by your nearly 50 years in the auto industry. I suspect you could offer tremendous insight on numerous articles here. But I think your response was harsh, especially when I don't think you read the article too clearly. First of all, there are ethanol subsidies, the author even quoted another article to back this up. He also never said ethanol damages vehicles, he just said they can't drive as far with ethanol, being it's not as efficient.

Interesting historical trivia on the Model T. though, I hadn't heard that before! Thanks.

In this article: GLD, UGA
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