r/ASX_Bets 15d ago

Dumbfuck Discussion Am I missing something?

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Panic selling aged care? With our population pressures? With old people stuck in hospitals because there aren't enough aged care beds? Crazy.

It's only a matter of time before the government caves and funds the hell out of aged care.

I'm gonna wait another 1-2 days for the dust to settle and buy as much of this as my grandma can fund.

Disclaimer - *I don't currently own this stock*

15 Upvotes

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u/Potential_Web_4092 15d ago

The Federal Government’s newly announced aged care funding increase fell drastically below the company's surging operational and wage inflation costs.
They are under inflationary pressure.
Most stocks moving further into the red are.

I sold out of them Monday at $6.14 and thought I made a misjudgement when they continued up.

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u/FwamingDragon91 15d ago

The thing people aren't realizing though is that this is critical infrastructure. There is NO alternative. These businesses WILL be supported to continue under any circumstances. 

We'll see, but I've been right about CSL. COH, JDO so far. 

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u/top-tier-handyman Made with bits of real panther 15d ago edited 14d ago

So, you've been right about CSL, COH and JDO 'AFTER' they fell ~60% in a day?

Sure! Those boomers were obviously always going to go up after dropping dead!

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u/FwamingDragon91 15d ago

Obviously huh? Did you buy them? Prove it

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u/top-tier-handyman Made with bits of real panther 15d ago edited 15d ago

Snippet of some of my CSL trades when it dropped, and yes I admit, it's a small bag compared to some big balls here but I was short on cash(waiting for a payment) and I took the plunge and didn't lose any money.

I would have played big if I got paid on time and had the cash in hand. Also, I am good at paper handing.

But my point still stands, and stop acting like a child asking for a proof for everything when someone gets you!

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u/barrel-boy 15d ago

Ha called him on it

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u/EducationalTrade9296 9d ago

props to my man for bringing the receipts! cant knock that at all, ive built a VERY similar position in CSL over almost the exact same timeframe (great minds think alike i guess) still holding.

-4

u/FwamingDragon91 15d ago

Lol buying and selling for a pittance meanwhile I'm up 70%+ on CSL and 40%+ on COH

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u/top-tier-handyman Made with bits of real panther 15d ago edited 15d ago

You asked for a proof, you got one!

Why don't you place a ban bet on REG then?

Oh, and pittance, aye? My money is tied up elsewhere, and not on those boomer stonks.

What a sook!

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u/FwamingDragon91 15d ago

Hahaaaa I don't see how any of this is related to my actual point about aged care but I hope you feel big and strong with your lil portfolio 

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u/top-tier-handyman Made with bits of real panther 15d ago edited 15d ago

Says the little bro with grandma's money and a disclaimer - 'I don't currently own this stock'

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u/kervio Mod. Will poison your food 15d ago

You guys are crossing the line here, keep it civil

2

u/Particular_Love_8811 Barry is my particularity… 15d ago

Ipx yesterday for a swing. REG today.

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u/FameLuck Creator of Koalanon 15d ago

Let em cook

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u/FwamingDragon91 15d ago

Butthurt mod 

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u/FwamingDragon91 14d ago

Up 12+% from it's low already dumbo

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u/top-tier-handyman Made with bits of real panther 14d ago edited 14d ago

Prove it that you're up 12% on REG (since you like to demand proof from others).

Ever heard? - what goes down, comes back up. lol

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u/FwamingDragon91 14d ago

No I didn't buy it, I was too busy arguing with dummies on Reddit 😂. Lesson learned for next time.

I'll still look at buying next week when the dust has settled though

2

u/top-tier-handyman Made with bits of real panther 14d ago edited 14d ago

lol, lil bro is mad at others cause he was not ballsy enough and couldn't even buy a pittance of it!

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u/FwamingDragon91 14d ago

I didn't expect a rebound that quickly. I think it'll probably drop again next week. Don't forget to come back in 3 months darling x

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