Boiler Room: The Official Stock Market Discussion

[Insensitive]

Lot of people trying to live the same lifestyle they were living or higher instead of sacrificing some and cutting back a bit. Those numbers are high especially for the six figure salary ones. Lots of people living check to check. Crazy that its the upper middle class doing the most withdrawals. Money flows up not down tho so who knows what the breaking point may end up reaching.

yup.
A couple of my coworkers took out money for cars, game consoles, clothes etc.
The second they heard "No penalty for withdrawal".




Also I agree with @10bandz there's SO MUCH available right now. So many opportunities
to invest AND it's at low prices. I'm low key overwhelmed trying to learn so much.

And @dora_da_destroyer I've been watching WSB produce millionaires like

 

[Houston911]

Wall Street bets is legit like that?

 

[NatiboyB]

Wall Street bets is legit like that?

Yes. But they damn near present everything so a lot of FOMO over there...But damn near everything I see posted seems to run or go up a bit within a month.

 

[mannyrs13]

Need a variation with on both haha

When you can't believe the stock is going up like crazy. Like Zom on Monday and Tuesday:

When you can't believe the stock is going down like crazy. Like Zom today:

need a going up version also

When the shyt ain't even gradually increasing but just going straight up. Think this was gamestop today after seeing how crazy they went on reddit:

 

[Saysumthinfunnymike]

Remember this about the SPAC game. Volatility. Sometimes it can be as bad as bitcoin. So if you are looking for a quick play, by all means you can do that just know what your target is and get out...

If it's a company you like long term then you will have to deal with the volatility. Don't rely on anyone here to tell you when to sell.. you have to make that call yourself.

Glad to see everyone in here makin $

 

[winb83]

just saw this article

Tesla Would Take Nearly 1,600 Years To Make The Amount Of Money The Stock Market Has Put Into It

I meat Tesla has a $800 billion market cap and is estimated to do $31 billion in sales next year. That's like 26x times sales alone. Facebook who has a market cap of $716 billion and is estimated to do $84 billion in sales next year is like 9x sales.

Tesla has a lot of room to grow but at the same time EVs are under 5% of all cars sold so there's a lot of runway left before they take off and own the market. Whose to say what the market share looks like in 10 years? I also doubt the electrical grid as it is can support everyone driving EVs.

I don't think price to earnings is totally fair to value Tesla at as they barely turn a profit right now. Price to sales works better.

 

[mannyrs13]

I meat Tesla has a $800 billion market cap and is estimated to do $31 billion in sales next year. That's like 26x times sales alone. Facebook who has a market cap of $716 billion and is estimated to do $84 billion in sales next year is like 9x sales.

Tesla has a lot of room to grow but at the same time EVs are under 5% of all cars sold so there's a lot of runway left before they take off and own the market. Whose to say what the market share looks like in 10 years? I also doubt the electrical grid as it is can support everyone driving EVs.

I don't think price to earnings is totally fair to value Tesla at as they barely turn a profit right now. Price to sales works better.

They need at least 2 of those 25k models. Maybe even another at 30k. Those low end models will definitely help them grow that 5% market share. Maybe not in our lifetime but I think eventually ev will have complete control of the market. Won't be surprised if the number doubles to 10% by 2025 and that's even if Tesla doesn't release that 25k model. All the manufacturers know that's the hot thing now and they need to go that route in order to compete. And yeah the electrical grid might need to be revamped to handle all the ev cars. But who knows what they got planned for that.

 

[winb83]

They need at least 2 of those 25k models. Maybe even another at 30k. Those low end models will definitely help them grow that 5% market share. Maybe not in our lifetime but I think eventually ev will have complete control of the market. Won't be surprised if the number doubles to 10% by 2025 and that's even if Tesla doesn't release that 25k model. All the manufacturers know that's the hot thing now and they need to go that route in order to compete. And yeah the electrical grid might need to be revamped to handle all the ev cars. But who knows what they got planned for that.

When Tesla says $25k they really mean $40k cause that low end car will be undesirable unless you load it up with options. Remember the Model 3 was supposed to be $35k and the ones people actually wanted were damn neat $50k.

 

[FabTrey]

When Tesla says $25k they really mean $40k cause that low end car will be undesirable unless you load it up with options. Remember the Model 3 was supposed to be $35k and the ones people actually wanted were damn neat $50k.

Base model 3 with 263mile range is 38k.

Base model Y with 244mile range is 42k.


most model 3 i see where i live aren't dual motors. and alot of people just lease these. $4500 down $377 monthly.


25k car will most likely be 25-35k. its range should be between 180-260mile

 

[Serious]

@Doomsday WISH at 24

 

[Spidey Man]

Arkx sounds good. Cathie doesn't miss

 

[bnew]

if the share price looks like it will fall below $597, i'm selling.

 

[Serious]

Another petco plug:

 

[bnew]

$PTE is moving pre-market..

 

[Serious]

JMIA @ 45