Boiler Room: The Official Stock Market Discussion

[Spree At Last]

There's a lot of expected growth priced into Tesla right now. That's pure momentum and FOMO driving that train.

If you sell your Apple position and buy into Tesla at this point and the damn thing goes down 30% from where it's at right now is that cool with you?

Apple is in the general ballpark of being reasonably priced right now. Tesla for example has a p/e ratio of 1560 Apple has a p/e ratio of 39. The S&P is 40. Amazon is 92. Google is 34 Facebook is 30. It's actually undervalued right now. Netflix is 82.

Just ask yourself buying right now if you lost more than half on a crash you cool with riding that out? The people that had all that great success with Tesla are more than likely holding and not buying right now. Even bulls like Financial Education aren't really looking to buy.

I actually agree with you that selling off apple for Tesla is not a great move. That said, I don't think looking at p/e ratio alone is enough to evaluate tesla. There is a big possibility that in the future elon consolidates all of his companies (spaceX, neuralink, etc) into a bigger holding company like alphabet. Elon even referred to this recently as a good idea on twitter. If that happens, it's likely that current tesla shareholders will have their shares converted to shares of the holding company. This is imo reflected in the current price, and it's a big reason why I'm not selling any of my shares for the next few years.

 

[Scholar]

ARKG took some profits in PACB and sold about 300k today

I imagine the BNGO stocktwit is going crazy with more rumors lol

That’s close but not exactly true. The Arkk ETF sold off some PACB not ARKG

 

[Deafheaven]

NIO went up after hours. 60 by eod tomorrow

 

[mannyrs13]

I put like $1200+ on $OPTI. I'm seriously hoping it goes to $.30 by march.

edit: read that incorrectly, thought you meant wendys share cost $100 each

OPTI treated me good back over the fall and I threw like 100 in there recently when y'all were shilling it. Got 1000 shares now, nothing like my stack in the past but if I can get it to .30 then I'm with it.

 

[winb83]

I actually agree with you that selling off apple for Tesla is not a great move. That said, I don't think looking at p/e ratio alone is enough to evaluate tesla. There is a big possibility that in the future elon consolidates all of his companies (spaceX, neuralink, etc) into a bigger holding company like alphabet. Elon even referred to this recently as a good idea on twitter. If that happens, it's likely that current tesla shareholders will have their shares converted to shares of the holding company. This is imo reflected in the current price, and it's a big reason why I'm not selling any of my shares for the next few years.

I would only be putting net new capital that I don't mind losing into Tesla now. I've considered it since my position is so small and I come back to the same conclusion. Keep the same 5 shares and if there's a pullback to the $500s or even less buy more and if not oh well.

I missed the train on this. Hurts because like I said pre split I owned the stock but bought it with money I wasn't comfortable losing at the time. The stock was volatile so I was looking to swing trade it. It fell so low I felt I had to pull out. It fell even lower but I was inside the period of time that it would have been a wash sale so I didn't repurchase even though I desperately wanted to. This was when it fell into the $180s. The rest is history. It never fell that low again and I just stopped paying attention to it after that.

After the stock split I was looking at my 100 shares of Uber and said screw it I'll sell half and buy some Tesla since the share price is so low. I actually planned to continue buying but it took off again and now I'm back to looking to see some sort of pullback.

 

[Doomsday]

I got $100 worth of Wendys, like 5 shares that aren't doing anything. Ain't shyt innovative about fast food since burgers and fries pretty much been the same for years so I doubt this has much growth potential. Definitely not as much as Mcdonalds might. So I don't see much worth in it.

Wendy's is a sideways stock you can make money on by selling calls and puts. It's a goldmine for that actually.

 

[ahomeplateslugger]

LMND, TSLA, ENG and CLSK have my account heading to mars right now

so glad i was loading up LMND below $100. and i'm still planning to load up it's starting to become one of my biggest position with this run.

 

[manyfaces]

Went from being happy with a $5 day when I first started back in July, DCAing a little bit with every paycheck, sprinkling in a handful of stimulus money, and now I got my first +$500 gain day. shyt feels beautiful












....But wait, there's more. Today my boy also hit me up and told me he was able to cop a PS5 for me and I can pick it up next week too

 

[winb83]

Went from being happy with a $5 day when I first started back in July, DCAing a little bit with every paycheck, sprinkling in a handful of stimulus money, and now I got my first +$500 gain day. shyt feels beautiful












....But wait, there's more. Today my boy also hit me up and told me he was able to cop a PS5 for me and I can pick it up next week too

It gets better as time goes on. The momentum carries you. I reached a point where many times instead of buying bullshyt I was putting that money in stocks.

 

[Panther]

It gets better as time goes on. The momentum carries you. I reached a point where many times instead of buying bullshyt I was putting that money in stocks.

facts, all i want to do now is invest more

its dope seeing your acct grow

 

[NaijaProdigy Redux]

I think BigCommerce is a big play

 

[old pig]

looks like they sold PACB out of ARKK not ARKG

That’s close but not exactly true. The Arkk ETF sold off some PACB not ARKG

ya y’all right...I just looked...quickly assumed it was ARKG

 

[winb83]

 

[old pig]

talk about having “fukk you” money

 

[manyfaces]

It gets better as time goes on. The momentum carries you. I reached a point where many times instead of buying bullshyt I was putting that money in stocks.

I'm already there. Damn near anything over $50 I think of what shares I could potentially buy instead of spending it. I've seen how this shyt snowballs into bigger gains over time and now the shyt just got me hungrier. I was explaining to my 9yr old son how I was using some of him and his sister's Christmas and birthday money to buy stocks for them. I was trying to explain to him how stocks work, then I could damn near see the light bulb go off in his head when he said, "It's like grinding for XP!" He legit had me like " Son that's exactly what it's like." And that's just how I feel as I watch this shyt level up.