Boiler Room: The Official Stock Market Discussion

[winb83]

I legitimately thought it was way overvalued...

It still is. It has a negative free cash flow and a market cap that's 50x it's annual revenue. We're in a period right now where something being overvalued at the time doesn't mean it won't continue to climb. You see what happened when COVID hit. In Sept 19 this was a $170 stock along came COVID and the stock was a $70 stock. The Fed inserted itself into the market and the rest is history.

Take Uber COVID hit and it was a $13 stock. Since then it's been as high at $50 and is about $54. If you bought Uber at those lows you 4.5x your money. Doesn't mean Uber right now isn't overvalued.

 

[ahomeplateslugger]

Sold ROKU at $70 two years ago shyt is at $420 now...

That sucks but just gotta move on. A lot of stocks I passed on ran up big.

It still is. It has a negative free cash flow and a market cap that's 50x it's annual revenue. We're in a period right now where something being overvalued at the time doesn't mean it won't continue to climb. You see what happened when COVID hit. In Sept 19 this was a $170 stock along came COVID and the stock was a $70 stock. The Fed inserted itself into the market and the rest is history.

Take Uber COVID hit and it was a $13 stock. Since then it's been as high at $50 and is about $54. If you bought Uber at those lows you 4.5x your money. Doesn't mean Uber right now isn't overvalued.

You’re gonna pay a premium for growth stocks. You have to look at the potential with growth companies and not the books since it’ll never make sense.

 

[Da_Eggman]

So what is the catalyst for this BB growth. Is it really just WSB

They make the cyber security for autonomous cars

 

[FaTaL]

They make the cyber security for autonomous cars

I’m about to get 10 shares on Monday

blackberry, the blacker the berry the sweeter the juice

 

[ahomeplateslugger]

I’ve been thinking of buying BB stocks or long calls. Just have to ride anything WSB pump.

 

[50CentStan]

What's the buzz with Expr??

 

[Reign X]

there will be many bagholders on that one. company is worthless. this is like a hertz pump and dump

i don’t have any gme stock but am thinking of buying a bit. With the high short interest, I don’t know if the squeeze has really begun yet.

but I don’t believe in the company outside of the squeeze aspect. Definitely not something to go all in on or anything, leave that to wsb posters.

 

[Rickdogg44]

i don’t have any gme stock but am thinking of buying a bit. With the high short interest, I don’t know if the squeeze has really begun yet.

but I don’t believe in the company outside of the squeeze aspect. Definitely not something to go all in on or anything, leave that to wsb posters.

You saying it can squeeze more?

 

[Scholar]

I'm buying 10k more shares of Tesla on Monday. Fxck a dip

 

[winb83]

That sucks but just gotta move on. A lot of stocks I passed on ran up big.



You’re gonna pay a premium for growth stocks. You have to look at the potential with growth companies and not the books since it’ll never make sense.

And if we go into economic tough times all these overinflated prices you see come back to reality fast. When everyone thought we were in deep shyt these companies fell really hard. That premium you're paying is for hopes and dreams not real results hence they're overvalued.

 

[Reign X]

You saying it can squeeze more?

I’m not an expert in this area but vw squeeze is below. I believe it can. This is more like calculated gambling then pure investing though. Unless anyone actually likes GameStop stock. But Eric brooks history in here is great. He was telling me and others to get into market and not wait for another dip.

 

[CBalla]

im buying hella puts the sec it shoots up that high

 

[Scholar]

I'm buying 10k more shares of Tesla on Monday. Fxck a dip

Tesla gang build up your positions. The market still doesn't understand this company. It's wild.

I have a triple digit position at multi bagger status. It's not enough because this company is just at its starting point and once Wall Street begins to actually understand what's going on here it will be a wrap.

Everytime you buy a share it feels expensive. Long run though it doesn't even matter though. People refused to buy at 100, 200, 300, 400, 500, 600..Just buy and hold it. Tesla is disrupting the energy and automotive business. The revenue


We will see 5k a share post spilt without a doubt. I been screaming into the void with @FabTrey @Serious and other TSLA gang shareholders. Buy and hold people

 

[Reign X]

Tesla gang build up your positions. The market still doesn't understand this company. It's wild.

I have a triple digit position at multi bagger status. It's not enough because this company is just at its starting point and once Wall Street begins to actually understand what's going on here it will be a wrap.

Everytime you buy a share it feels expensive. Long run though it doesn't even matter though. People refused to buy at 100, 200, 300, 400, 500, 600..Just buy and hold it. Tesla is disrupting the energy and automotive business. The revenue


We will see 5k a share post spilt without a doubt. I been screaming into the void with @FabTrey @Serious and other TSLA gang shareholders. Buy and hold people

I’ve slacked on buying Tesla recently. I’m up big, but it’s time to put the starters back in and run up the score.

 

[Scholar]

I’ve slacked on buying Tesla recently. I’m up big, but it’s time to put the starters back in and run up the score.

Do it. It's a generational company.