The Investment Thread (1 Viewer)

[jboss]

Amazon hit all time high in 1999 during the dot com bubble. During that time it wasn't profitable. When the bubble finally popped it started a string of 8 consecutive quarters of big beats across the board and was blowing up. Price fell all the way to the single digits. It took a decade to recover all time highs.

As bad as that sounds though, this is what that all time high looks like on a chart.

I like TSLA long term. I have a growth ETF in my retirement plan that's heavy on TSLA. My biggest concern with it is its current valuation. It's brightest days are yet to come but I just don't see enough growth potential to support its, IMO, overvaluation right now. A steady selloff or pullback would probably be a healthy signal for the broader market.

 

[bclemms]

I like TSLA long term. I have a growth ETF in my retirement plan that's heavy on TSLA. My biggest concern with it is its current valuation. It's brightest days are yet to come but I just don't see enough growth potential to support its, IMO, overvaluation right now. A steady selloff or pullback would probably be a healthy signal for the broader market.

I completely agree. I love TSLA but at the $1200 price it was basically pricing in global domination of the automotive sector plus one of the biggest player in tech. It could certainly happen in the next decade or two but the problem is the field is becoming quite competitive a lot faster than the markets expected. If you rolled up the stock prices of all the electric car companies plus a couple of the major companies investing heavily in electric then the PE ratio is something like 100x the PE ratio of the entire current automotive industry's worth. In other words, every car would have to go electric for 100 years before it equaled the stock price. It's pretty insane when you just look at it from the most basic level of investing.

Like I said the other day. When TSLA hits $300 I'll start gobbling it up and even that is still quite high. That's the great part about bubbles. You don't have to bet on TSLA as a small company trying to make it when you can buy it after the bubble pops as a very healthy company for the same price.

 

[Rickboy]

I think TSLA's strategy got them. No new products for 2022. A focus on robots being a distraction. And just the overall supply chain issues. The only good news, besides being very profitable, was the GigaAustin plant starting to come on line with pre-production well underway for the Model Y. A lot of TSLA's value is speculatory and if they aren't pushing future growth, that speculation wanes. This is especially true after the Fed's announcement.

Frankly, I hope it drops a lot more. I want to buy a lot.

Same goes for Rivian (RIVN). They have hit 52 wk lows for three days in a row. I bought them at $100, but sold at $127. Now it's down to just above $53. I think it could go below $40. I still think it's a very good long play.

 

[Turfie]

Robinhood down 12% AH. So sad….

The low of GME today was $92.89. I snagged one at $92.99. Only ten cents off.

Edit: Tomorrow at 9:56 am is the 1 year anniversary of when the white towel was thrown and the buy button got turned off.

 

[bclemms]

I think TSLA's strategy got them. No new products for 2022. A focus on robots being a distraction. And just the overall supply chain issues. The only good news, besides being very profitable, was the GigaAustin plant starting to come on line with pre-production well underway for the Model Y. A lot of TSLA's value is speculatory and if they aren't pushing future growth, that speculation wanes. This is especially true after the Fed's announcement.

Frankly, I hope it drops a lot more. I want to buy a lot.

Same goes for Rivian (RIVN). They have hit 52 wk lows for three days in a row. I bought them at $100, but sold at $127. Now it's down to just above $53. I think it could go below $40. I still think it's a very good long play.

RIVN's market cap is twice that of Ford and I've never even seen a one. I could see it getting cut in half twice. Then for me it will be a big buy as well.

 

[Chris]

RIVN's market cap is twice that of Ford and I've never even seen a one. I could see it getting cut in half twice. Then for me it will be a big buy as well.

Funny because I know someone who saw one outside of his apartment in Colorado yesterday. Yes, he was shocked as well.

 

[Tapxe]

RIVN's market cap is twice that of Ford and I've never even seen a one. I could see it getting cut in half twice. Then for me it will be a big buy as well.

Isn't the first production earmarked for Amazon? I think you'll see those first and mainly in larger cities to start.

 

[bclemms]

Huge rally in futures market a few hours ago is now in the red and running deeper.

 

[NewOrleansFan]

Seems like Fed is clearing their books slowly overnight.

 

[bclemms]

Im getting destroyed today.

 

[johnw412601]

Okay, so I have a question for you smarter guys than me, which includes just about everyone in this particular thread. Do you guys think AMC and GME are going to pop or continue to be dragged down with the market? Early DD was that because of negative beta and all that that eventually these 2 would stop going down with market and rise despite market falling. I haven't seen that so was wondering your take on that. Also, if they continue to drive it down, what is to keep hedgies from covering and closing out shorts at these single digits or whatever? I'm a smaller brained ape so forgive me if this seems dumb. I just am frustrated and wonder if anything will ever happen with these 2 stocks.

 

[NewOrleansFan]

What is going on with airline stocks today? Yike.

 

[efil4stnias]

Im getting destroyed today.

well least for you its JUST today.

ive been taking it up the @#$@ since Jan 10 it seems.

Spoke to my FA yesterday and im just too far into losses to really do much of anything at this point. Sitting tight. That ALBATROSS known as BYND kicked me square in the bazingas. 70% of my investment is GONE. So now im holding that @$@#$@# til i die. ( I was going to sell at an even 100/share loss, but now out of spite, im holding - til i die or it gets to $144- whatever comes first LOL )

I still have a good chunk of cash on sidelines so may start to move into some positions late today or Monday.

What gets me is all this "inflation" crap- we have been hearing/knowing about for MONTHS yet every day seems to bring renewed skepticism into the market. We know FED will increase rates. Why is market reacting DAILY to this news???

 

[bclemms]

well least for you its JUST today.

ive been taking it up the @#$@ since Jan 10 it seems.

Spoke to my FA yesterday and im just too far into losses to really do much of anything at this point. Sitting tight. That ALBATROSS known as BYND kicked me square in the bazingas. 70% of my investment is GONE. So now im holding that @$@#$@# til i die. ( I was going to sell at an even 100/share loss, but now out of spite, im holding - til i die or it gets to $144- whatever comes first LOL )

I still have a good chunk of cash on sidelines so may start to move into some positions late today or Monday.

What gets me is all this "inflation" crap- we have been hearing/knowing about for MONTHS yet every day seems to bring renewed skepticism into the market. We know FED will increase rates. Why is market reacting DAILY to this news???

Because it reacted daily for 18 months to 0% rates the other way.

Airlines took a crap because the overall market took a crap. Just when you think it’s bottomed early data is suggesting this new variant is more contagious than Omicron and evades antibodies even more.

 

[efil4stnias]

Because it reacted daily for 18 months to 0% rates the other way.

Airlines took a crap because the overall market took a crap. Just when you think it’s bottomed early data is suggesting this new variant is more contagious than Omicron and evades antibodies even more.

BA.2???