If earnings are bad cuz be a decent sell off bears been waiting for some bad Tesla news20%? I don't know breh lol.. maybe 8%
If earnings are bad cuz be a decent sell off bears been waiting for some bad Tesla news20%? I don't know breh lol.. maybe 8%
If earnings are bad cuz be a decent sell off bears been waiting for some bad Tesla news
And I'll either wait for a correction to bring the price down or just look elsewhere. Piling onto overpriced stocks just because in theory they should keep going up isn't a great strategy.
I'm the kinda guy that was buying Apple when it was in the $160-170 range. Buying Facebook in the $140-$180 range. Buying Netflix at $480+ isn't a good move. If I'm gonna buy that high why wouldn't I have bought last year when it was in the high $200 range?
Buy low and sell high is the aim not buy high and hope it goes higher. Hell I'd rather buy FB, MSFT, or APPL at their current prices with PEs in the low 30s than buy Netflix with a 100 PE.
It’s a new day
Covid shifted everything. Value investing is starting to take a back seat since the start of the Fed pumping. You just have to look for companies that will be at the top of their industry in 5+ years and just buy and hold at this point. NFLX will be one of them. I think there’s a good chance they’ll get to $800 by end of 2022. Buying NFLX now will most likely return more money than buying Disney in 2 years.
I think Disney takes over the movie industry but it's a long play and they need to think about how they handle the theme parks business with covid out here. That shyt is empty.
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I Post about NEXCF in another thread all the time. But, NEXCF filed for an NASDAQ uplist last week.
Not sure if any of you guys find value in what MF has to say, but surely they have "some" followers out there.
You're not buying DIS looking 2 years out though. If you aren't planning on holding for 5-10 years then you shouldn't be buying DIS.It’s a new day
Covid shifted everything. Value investing is starting to take a back seat since the start of the Fed pumping. You just have to look for companies that will be at the top of their industry in 5+ years and just buy and hold at this point. NFLX will be one of them. I think there’s a good chance they’ll get to $800 by end of 2022. Buying NFLX now will most likely return more money than buying Disney in 2 years.
You're not buying DIS looking 2 years out though. If you aren't planning on holding for 5-10 years then you shouldn't be buying DIS.
Value investing never takes a back seat. Some people are and always will be on some sort of get rich quick scheme. Buying these overpriced stocks with the anticipation they go up ignoring the metrics is playing with fire. Follow the herd if you want but the herd has no real conviction in what they're doing and at the first sign of trouble they'll scatter.
you keep saying overvalued but there is strong evidence to suggest Tesla and Square are going to be major players for decades to come.. their value could be priceless
exactly what I’m trying to say. They seem overpriced but in 5+ years you’ll wish you bought SQ and other growth stocks at this price.