OT: Lets talk about stocks (Part 3)

[Lafleurs Guy]

Musk has the power. Bitcoin would have taken off before if Trump didn't lose last election.

Trump was against Bitcoin until he wasn't... And he can reverse himself again. There's nothing behind that currency and it's why it's so volatile.

 

[japhi27returns]

What a year for buy and hold investors. 26% YTD with fairly low risk. Big winners were WELL, TRP, BN, VFV.

Actually had really good entry points and material balances in BTC and TSLA. Failing to hold through end of the year cost me around 100k but the casino stuff isn’t my thing, got cold feed and exited early. Oh well.

 

[the valiant effort]

Trump was against Bitcoin until he wasn't... And he can reverse himself again. There's nothing behind that currency and it's why it's so volatile.

Thankfully he articulated himself well on both positions

 

[MD thaivuN]

this month was pretty insane for Quantum Computing stocks. a lot of them jumped >100% in that time frame. This sector feels like massive gambling right now.

 

[Lafleurs Guy]

this month was pretty insane for Quantum Computing stocks. a lot of them jumped >100% in that time frame. This sector feels like massive gambling right now.

Which sticks?

 

[MD thaivuN]

Which sticks?

RGTI, QBTS, QUBT

 

[Lafleurs Guy]

RGTI, QBTS, QUBT

Geez those are some crazy spikes.

anyone in these? Is this just a pump and dump or is this the start of a long run?

 

[MD thaivuN]

Geez those are some crazy spikes.

anyone in these? Is this just a pump and dump or is this the start of a long run?

i wanted to get into RGTI when it was $7/share as a decent value gamble but it flew too fast beyond my confortable price. Right now, the whole sector is a bubble that's ready to burst. All of those companies mentioned pretty much have dogshit financials as you would expect from penny stocks a month ago lol. They all bleed money and aren't at a stage where revenue is growing fast enough.

I would buy if they were still in penny stock price range, but none of them aren't good value right now. FOMO is so strong right now that even companies that aren't doing Quantum Computing but have the word Quantum in their name are getting huge price surges lol.

 

[neopreneur]

I'm starting to invest, what are some canadian stocks to invest in? I'm looking for safe stocks. Thanks!

DCA most of your money into XEQT. Simplest strategy for Canadians IMO, especially if you have no idea what you’re doing. You’ll probably beat all your friends in the long run who are picking stocks based on reading hockey forums :p (or doing voodoo technical analysis crap)

It’s super boring though. Feel free to take some risks with smaller amounts, on asymmetrical opportunities. You’re probably knowledgeable about something… think about what you think the future will look like in 5-10 years in that particular industry/field and then invest in companies that are early in shaping that future (and nobody in the mainstream is talking about it yet).
It’s fun and will you will learn about the emotional side of investing too. You will sell too early on some and hold too long on others.
Either way, you’ve been DCA’ing XEQT the whole time so you’re doing well.

Most importantly don’t follow any of my advice because I’m not a financial advisor.

 

[LaP]

Trump was against Bitcoin until he wasn't... And he can reverse himself again. There's nothing behind that currency and it's why it's so volatile.

The pattern is easy. They are in favor of crypto after they bought some and them being in favor means the price will go up. It's stupid i know but it is what it is we are in 2024. Then they'll sell and be against which will drive the price down for a short time and then rinse and repeat. Musk was sued for it but won. Crypto wont be regulated until people put pressure because they are all making lot of money with it. You can manipulate the market at will if you are a popular influencer and make easy money without much risk (if any) of ending in prison. And in 2024 all popular politicians and popular political figures are also popular influencers.

 

[LeHab]

Trump was against Bitcoin until he wasn't... And he can reverse himself again. There's nothing behind that currency and it's why it's so volatile.

Crypto corporations were big donors in last elections.

Big Crypto, Big Spending: Crypto Corporations Spend an Unprecedented $119 Million Influencing Elections - Public Citizen

www.citizen.org

Trump family is in Crypto business now with World Liberty Financial project. Trump has also nominated a very pro crypto new SEC chairman.

 

[Coffee]

Hello @HuGort

Kindly asking for the best crypto advice right now? For setting aside money monthly

 

[HuGort]

I think NLST is one of the greatest stories that barely anyone seems to know about. Just look at how this has unfolded,

NLST signs BOC with Samsung, gets access to all of NLST's patents, is the #1 chip co in the world. They break their contract with NLST once they don't need them anymore, get caught in email with the CEO of Samsung saying he knew he wasn't allowed to share this tech but did so with S. Korean gov,

Samsung after being sued by NLST loses to the tune of 303M, on the old tech (think of a 4G phone), they were deemed to willfully infringe which opens them up to more damages. The next round of trials NLST is seeking 19 Billon in damages.

Because of the suit, they no longer have access to any new NLST patents (which they have admitted in court that we have the ONLY patents on the market), guess who's no longer #1 chip co? NVDA gave them Millions in advance for their AI chips and what happened when they finally got those chips? They all failed and were returned.

So who's now the #1 chip co? SK Hynix. Who did NLST sue for Millions and beat in court, SK Hynix, who they then did a 5 year sales deal (which will be coming up in a year), they have access to all of NLST's patents.

Micron is already toast, we kicked their ass in court. Samsung is going to owe NLST a lot of money unless they somehow can buy off the CAFC. Google will be tougher since they are so huge and that case is in CA unlike the others they won in TX.

.82 cents

 

[Lafleurs Guy]

.82 cents

I've been watching that stock. It's an interesting play... does the company go bankrupt before it can collect anything? What revenue streams do they have outside of those lawsuits? I'd love to hear more about this stock. The upside is obviously there.

Maybe they get acquired by a larger company who then tries to enforce the patents as well.

 

[montreal]

.82 cents

Samsung paid off a judge in Cali, he somehow is allowing a re-trial from the 303.5M win from 2 years ago because they said a Korean juror didn't disclose that they had a lawsuit pending against another Korean company I believe. When it came out I thought it was a joke but sure enough it's not.

The CEO of Samsung was caught red handed admitting in an email that he stole their tech, yet for some reason the judge allowed both the appeal to go through and now the re-trial.

But Samsung is the one losing here, they were #1 chip company in the world, not any more, have lost over 122B in market cap and the CEO looks like he's headed back to jail again for fraud.

I've been watching that stock. It's an interesting play... does the company go bankrupt before it can collect anything? What revenue streams do they have outside of those lawsuits? I'd love to hear more about this stock. The upside is obviously there.

Maybe they get acquired by a larger company who then tries to enforce the patents as well.

They should do about 150M this year in rev with a new product launch hopefully this year and their 5 year deal with the now #1 chip company in the world, SK Hynix, who we beat in court for IP theft and they settled for 50M plus 600M in reduced inventory rates, the deal is up at the end of the year so I would assume at some point later this year we get an update on a new deal.

 

[Lafleurs Guy]

Samsung paid off a judge in Cali, he somehow is allowing a re-trial from the 303.5M win from 2 years ago because they said a Korean juror didn't disclose that they had a lawsuit pending against another Korean company I believe. When it came out I thought it was a joke but sure enough it's not.

The CEO of Samsung was caught red handed admitting in an email that he stole their tech, yet for some reason the judge allowed both the appeal to go through and now the re-trial.

But Samsung is the one losing here, they were #1 chip company in the world, not any more, have lost over 122B in market cap and the CEO looks like he's headed back to jail again for fraud.



They should do about 150M this year in rev with a new product launch hopefully this year and their 5 year deal with the now #1 chip company in the world, SK Hynix, who we beat in court for IP theft and they settled for 50M plus 600M in reduced inventory rates, the deal is up at the end of the year so I would assume at some point later this year we get an update on a new deal.

You're still bullish here then? Is that based on the lawsuits, anticipated revenues or both? Very curious about this stock and where you think it'll be down the road.

To me, the lawsuit side is so risky. Courts are unpredicatable as we've seen in this case here. They may be in the right and should be getting paid but it can take forever. But I don't know enough about what the upside is on the actual business here.