Boiler Room: The Official Stock Market Discussion
KalKal
Superstar
The TSLA calls I bought last Wednesday literally gave me enough gains to buy a new a Tesla car.
Not bad for 9 days.
But I STILL think it's a bubble.
Don't bet your whole life savings on this.
I just took most of my TSLA call money and put it into SPY leap calls for March 2022. I figure, if TSLA joins the S&P 500 and drives it up, I'll still benefit.
Massive W right here
What was the cost for the September call?
Considering october calls
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KalKal
Superstar
119.50, so $11,950
This is why i fxck with this threadDidn't get in on Nvda but i expect the run to continue. Upgrades, AI presentation next week, and new tech in september
choc_cardigan
Squad
I got to get more cash into my M1, I have NVdia
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
dora_da_destroyer
Master Baker
I agree on Apple, not sure how their business fundamentals back up this run up, I get their pivot to services has been working, but they’re still a hardware and retail company and neither of those are are growing to match their valuation.Its not worth the risk to me. I'm glad y'all eating well and hope it keeps up but the valuations are way too high for me. Large caps aren't supposed to 3-6x in a year. Apple hasn't expanded earnings to meet the new valuations. It's basically that you're paying 2x for the same earning power that you had a year ago. Right now growth is just priced based on multiple expansion and I don't like that. Tesla is acting just like Bitcoin in my mind and thats a red flag. Not sure how TSLA is going to join the s&p with its crazy ass volatility. Then again this is an unprecedented time and its very likely that the momentum isn't going to stop anytime soon. Just not worth the ride for me personally.
Oh and Tesla has a gap to fill between 1200-1300
But Tesla, I honestly don’t think people even know how to value it, it’s running on sentiment. But so is pretty much all of tech outside of the MSFT, nvda, goog and amzn
Saysumthinfunnymike
VOTE!!!
Full 5G will be huge for them. Their other sectors are growing, they are starting up shyt like Apple health now to likely compete with Peloton, they are branching into a lot of different things and they have more than enough money to do it.
Saysumthinfunnymike
VOTE!!!
It'll be interesting to see where the support is when it drops some. Right now if it dropped 25% it would be $1552
The thing with Apple is that their ecosystem is so huge that they got money coming in from different directions. You got families that have iphones for everyone, the Apple watch, those ear buds, even the ipad, and maybe even a macbook or mac. And I bet a lot of Apple users update their phones yearly when the new model comes out. They'd rather spend 1k on a phone yearly than use that money to buy Apple stock and update the next year. Plus they got the apple tv thing that just started out too and who knows what else new tech they might come up with.