Luigi Habs
Captain Saku
I'll kicking myself for not jumping in on FSLY in the 70s and low 80s.
Everything seems so inflated now I have no idea where to go from here.
Not too late. The RSI isn't even in the 50s yet.
I'll kicking myself for not jumping in on FSLY in the 70s and low 80s.
Everything seems so inflated now I have no idea where to go from here.
Not too late. The RSI isn't even in the 50s yet.
I was more concerned with their 400% run-up while beating earnings by approximately 40%. That started their drop didn't it? Tiktok just added fuel to that fire.Yea, FSLY was a gimmie after the pullback. Their earnings were very good just not great and TicTok uncertaintly caused the pullback. Their mangement are amazing. If they eventually go the route of LVGO I will be quite sour.
Not sure if serious but sure. Growths were overstretched, quite a bit above the 50 day MA so a massive pullback or sideways grind was expected. Some of my stocks seen the pullback (AYX, LVGO, TDOC, FSLY, DDOG) while others moved sideways (PYPL, CRWD, ETSY). Only FOUR has done much the last month.
could be a fun 3rd quarter.
I'm up about 10% as well but I plan to hold until the earnings at least. I will decide what to do after. I'm not sure if I will sell or not at that time. PTON is the only stock I got in for the short term, but now the more I read on them the more I think I may decide to keep it. Still have to decide.
I like the fact that they are disrupting the fitness sector. Also the fact that they get their revenue from subscription. But I'm a bit scared on how easy it is to duplicate and maybe someone like Apple can decide to take over this sector.
WMT up over 5% today after the tiktok news
Whole bunch of rampant speculation in this thread, but very little investing.
Everyone's a Davey Day Trader when the market is going up.
What are you talking about. I've posted my investments more frequently on down days than up, and most regulars in this thread are pretty transparent on their winners/losers.
You misunderstand. There appears to be very little focus on the value of these companies as opposed to the price of their shares in this thread.
Lot of people in this thread appear to be buying shares of companies they know little to nothing about, besides a limited idea or concept of what they do, in hopes that others will buy the shares and bid up the price.
It's speculation, not investing. May work when the market is going up consistently, but beware when market conditions normalize.
You misunderstand. There appears to be very little focus on the value of these companies as opposed to the price of their shares in this thread.
Lot of people in this thread appear to be buying shares of companies they know little to nothing about, besides a limited idea or concept of what they do, in hopes that others will buy the shares and bid up the price.
It's speculation, not investing. May work when the market is going up consistently, but beware when market conditions normalize.
I doubt that there is enough people following this thread to really move the price of a stock.
Not hoping people in this thread follow their lead and bid up the price, but hoping the market as a whole bids up the price and makes them money.
How many people in this thread are analyzing the financial statements of these companies? Looking into their main competitors, trying to determine the intrinsic value of the security, estimating its capacity to provide a future income stream, etc...
Very few from what I can tell. I see the same kind of speculation that resulted in tulip fever, the tech bubble, and now Tesla being valued as of the biggest companies in the world. It's fun when everything is going up, but that won't last forever.
Didn't they just lay off 1000 employees?Kicking myself for not getting into Salesforce earlier in the month at ~$200. Was interested in the stock for a long time, but kept on putting it off. Skyrocketed to $270 after the earnings report.
Didn't they just lay off 1000 employees?
I'm up about 10% as well but I plan to hold until the earnings at least. I will decide what to do after. I'm not sure if I will sell or not at that time. PTON is the only stock I got in for the short term, but now the more I read on them the more I think I may decide to keep it. Still have to decide.
I like the fact that they are disrupting the fitness sector. Also the fact that they get their revenue from subscription. But I'm a bit scared on how easy it is to duplicate and maybe someone like Apple can decide to take over this sector.
Um...just to clarify, if we invested purely on valuation, or like stringent value investors, well...we would be underperforming the S&P 500 since 2008... I'm not saying, don't do DD or to go into the hot speculative stock of the day, but there are other metrics to look into. Even those spec buys, well, if done right, you can make a lot of $$$ off of speculation trends (generally too risky for me though).You misunderstand. There appears to be very little focus on the value of these companies as opposed to the price of their shares in this thread.
Lot of people in this thread appear to be buying shares of companies they know little to nothing about, besides a limited idea or concept of what they do, in hopes that others will buy the shares and bid up the price.
It's speculation, not investing. May work when the market is going up consistently, but beware when market conditions normalize.
I still think Nio is cheap. Probably will consolidate around 20 for a while but the company is going to significantly increase sales and production in the next coming months. This is a great entry point for longs.I missed on Nio. Wanted in at 11-13 but thought it might see 7$ before 20$, I was wrong. Frustrating as I was going to add a lot of shares. Roku with a nice day. Lots of big movers today, sales force was stellar, AYX and FSLY back on track. I will be adding Peloton tomorrow.
Hmmm, MTY now up to 33. Having a good day today, but has been slowly and steadily rising lately, which I prefer. Hopefully a few more solid days in a row coming, even if just 1 or 2 percent a day.
Although I suppose I wouldnt complain if it continues to shoot up like today.