Boiler Room: The Official Stock Market Discussion

[mr. smoke weed]

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.

Do buy it when it dips though. Entertainment.

 

[mr. smoke weed]

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

597? selling?!?!?!

 

[winb83]

Do buy it when it dips though. Entertainment.

I'll buy closer to $500 but if it never falls that low again oh well.

 

[bnew]

597? selling?!?!?!

that was when i bought it, so I figure i can sell it and buy it even cheaper.

 

[winb83]

that was when i bought it, so I figure i can sell it and buy it even cheaper.

I'd buy at that price. Just buy slowly and average down.

 

[mr. smoke weed]

that was when i bought it, so I figure i can sell it and buy it even cheaper.

I don't see TSLA selling at 597 or less unless something catastrophic happens. Or another split. Too much hype and money behind it.

 

[Gwoppo]

Another petco plug:

Do you think Petco will be a good buy to hold?

 

[bnew]

I'd buy at that price. Just buy slowly and average down.

i don't have the funds to do that

 

[bnew]

bears are betting against ARK ETF's.

Bearish Bets Against Ark ETFs Surge After ‘Meteoric’ Rally

 

[winb83]

i don't have the funds to do that

You should use a broker with fractional shares. Fidelity let's you do it on mobile.

 

[bnew]

You should use a broker with fractional shares. Fidelity let's you do it on mobile.

is it easy to get approval for option trading on fidelity?

 

[winb83]

is it easy to get approval for option trading on fidelity?

I've stayed away from options so I'm not sure.

 

[mr. smoke weed]

MARA up 12% PM

 

[Serious]

Petco, WOOF was priced at 14 to 17, then got raised to 18.

Now it’s over 92 before we can even start trading

 

[chineebai]

is it easy to get approval for option trading on fidelity?

very easy