Bruh. Historically earnings call always crashed the stock. I finally caved and sold off too last night (I had bought in at 11$). But yeah... Wtf was that after market bs????classical me. sold PLTR and it went to the moon
PLTR is defying gravity. I made a bit of money on that and got out.I trimmed PLTR when it hit 80 and thought I should have maybe done more but now I will see how it trades and likely trim it soon.
Waiting to see if RGTI breaks out and runs back to 20, have a small amount in shares and 1 call (was close to adding 1-2 more calls with the 15 strike price, think I will miss out on some decent money there as they were down a good bit early on today)
AXON has just been on fire since break out of the 300's, might need to trim that again soon too.
Yup, I don't have crypto anymore. Not up-to-date on it. Why would the tariffs hurt crypto?
I'm of the opinion that they will do a stock split soon. Probably a 4:1. It's a fairly commonly used tactic by tech firms to bring in more the spooked investor. Valuation is crazy high so high share prices scare the common man.I trimmed PLTR when it hit 80 and thought I should have maybe done more but now I will see how it trades and likely trim it soon.
Waiting to see if RGTI breaks out and runs back to 20, have a small amount in shares and 1 call (was close to adding 1-2 more calls with the 15 strike price, think I will miss out on some decent money there as they were down a good bit early on today)
AXON has just been on fire since break out of the 300's, might need to trim that again soon too.
I'm of the opinion that they will do a stock split soon. Probably a 4:1. It's a fairly commonly used tactic by tech firms to bring in more the spooked investor. Valuation is crazy high so high share prices scare the common man.
When that happens I'll buy back in. It's run by a pretty smart guy. Funny to think he and Elon come from the same circle.
@the valiant effort. He looks a lot like Tikka Waititi to me. He does have that mad scientist look.
I know this might be really crazy. But I've been thinking about what other crazy ass thing Trump could do and what if... He decided he's freezing Canadian owned assets like stocks? Improbable but he's currently in the process of giving full control of USAID to his chum... So he's the most Gainey of Gaineys: expect the unexpected.So what are we buying today folks? I have no allegiances... will buy US if it makes me some $$$
LOL... markets have been such a shit show in January but seems like crew knows how to invest. Nice. No subscription required.
We both know its valuation is beyond what it should realistically be. I mean it gained 340% in 2 years. Kind of reminds me of that huge bull run with Tesla couple years ago. I made a full years salary with Tesla. It was awesome haha. But not shedding a tear now for that f*** wit.I highly doubt that, maybe if it goes on a crazy run but I wouldn't expect a split till it goes much, much higher. Most stock is owned by hedge funds not retail so they don't care about the common man. PLTR is rumored to be a CIA company like Meta is so I kind of have expected them to follow a similar path.
I've been trading stocks since '93 and worked for several big banks, run my own little business where I manage about 500K.
Can you tell us more about RGTI and why you're bullish?Waiting to see if RGTI breaks out and runs back to 20, have a small amount in shares and 1 call (was close to adding 1-2 more calls with the 15 strike price, think I will miss out on some decent money there as they were down a good bit early on today)
Personally, I like Celestica a lot better than Palantir. More reasonable evaluation and it’s growing at a rapid pace. Not as rapidly as PLTR but very good. I think it’s got a fair bit of juice left in it. Earnings were awesome and it’s still considered a buy by most analysts. You get a high growth stock with less risk. Bonus: it’s a Canadian company and you can buy in CAD or USD.I know this might be really crazy. But I've been thinking about what other crazy ass thing Trump could do and what if... He decided he's freezing Canadian owned assets like stocks? Improbable but he's currently in the process of giving full control of USAID to his chum... So he's the most Gainey of Gaineys: expect the unexpected.
We both know its valuation is beyond what it should realistically be. I mean it gained 340% in 2 years. Kind of reminds me of that huge bull run with Tesla couple years ago. I made a full years salary with Tesla. It was awesome haha. But not shedding a tear now for that f*** wit.
Anyways, how high do u think it needs to go to? 400$? 4000$?
Personally, I like Celestica a lot better than Palantir. More reasonable evaluation and it’s growing at a rapid pace. Not as rapidly as PLTR but very good. I think it’s got a fair bit of juice left in it. Earnings were awesome and it’s still considered a buy by most analysts. You get a high growth stock with less risk. Bonus: it’s a Canadian company and you can buy in CAD or USD.
Palantir is really intriguing and I’d never tell anyone not to buy it but it comes with considerable risk.
great thread guys. Any suggestions for some buy low stock; price point below 20$?
don't laugh
I’m in a couple of low priced stocks.great thread guys. Any suggestions for some buy low stock; price point below 20$?
don't laugh
Yeah like I said, I'd never say 'don't invest in it.' The potential is there. But man it's an expensive stock.Palantir will take off once TIA gets revived through an early warning system for pandemic outbreaks, by the Health branch ARPA.
thank youMy current yolo play is GRAB aka the Uber of Southeast Asia. The cash flow is healthy, The price/sale seems reasonable. They seem very close to profitability stage. I bought them at 4.60 USD, but today the price jumped to $5.10. If you find an opportunity to buy below 5, that's probably a decent entry point.
If you want less gambling, look into Canadian REITs. They're mostly all monthly dividend stocks, so they're a good way to increase your share count through DRIP. A lot of them have done a good job surviving through rough times, but their stock prices have taken a beating for a while now. Most of them are trading below fair value and may have found the bottom already. Therefore, it might be time for an upward correction for a lot of them. I currently own PMZ-UN (Primaris) which is the only Canadian shopping mall REIT in the market. This thing is running at a forward P/E of 9.43 and a P/S of 2.95; It's cheap.
thank you too. will check out you suggestions.I’m in a couple of low priced stocks.
1. Occumetics. I’ve been following this company for years long before I invested. It may be too early to invest in this but I find the technology fascinating. They are developing a bionic lense. It essentially replaces the same lense they already replace in cataract surgery. Only this doesn’t use silicone oil, it uses the body’s natural fluid. The goal in the first phase is to become the standard replacement lense for cataract surgery.
But the really exciting technology comes after that. The endgame is to become a lense replacement for better vision for everyone. Essentially replacing things like lazik. Right now they have to shave the cornea with a laser. This technology doesn’t need to do that. They simply replace the aging lense in your eye. Same as you would in cataract surgery. And this will give you 20/20 vision. No need for glasses when reading or looking far away. It essentially gives you perfect vision.
On their website, if you click the news section the President gives an hour and a half talk on a webinar and explains everything very thoroughly. Not just the technology but their go to market strategy. It’s awesome.
Stock is around 30 cents and first in human trials are expected later this year.
That is a true startup though. Shares could be deluded with incoming investors… lots could happen. But if you want to take a flyer with a small amount of money, that’s one you could look at. But it's a long term play. I highly doubt this thing pops anytime soon - if it pops at all.
2. @montreal has suggested Netlist as another gamble. Look through the thread here for details on that. I’m not in this but it’s ann interesting play.
3. I threw a very small amount of money into scan.v stock. They just hired a Palantir guy as their president and they’re a defense technology company. Down quite a bit from a few years ago but up about 20 percent since I invested.
4. You can always look at crypto.
These are all flyers though. Invest at your own risk. I’ve gotten killed on these kinds of stocks before so be careful. Btw, just because a stock is below 20 bucks doesn’t mean you’re buying low. Montreal mentioned ETON. A few posts ago, it’s at an all time high close to 18 bucks. So… sure, maybe you’re getting in early or maybe you’re buying at the peak. Like I said, be careful.
We both know its valuation is beyond what it should realistically be. I mean it gained 340% in 2 years. Kind of reminds me of that huge bull run with Tesla couple years ago. I made a full years salary with Tesla. It was awesome haha. But not shedding a tear now for that f*** wit.
Anyways, how high do u think it needs to go to? 400$? 4000$?
I made a pretty big return off $HIMS, unfortunately I didn't buy enough shares to make it a sexy return. The wife's Chanel bag will have to wait.
Can you tell us more about RGTI and why you're bullish?