Boiler Room: The Official Stock Market Discussion
choc_cardigan
Squad
Here i was hoping it would drop under 200
ogc163
Superstar
$Blue used to be hottest biotech out there
how the mighty have fallen
That chart can happen to a lot of these u unprofitable hyper tech companies
A lot of these hyped up tech companies have no profits, bad cash flow numbers, shytty Return on Investment Capital, are burning through cash, and have no moat/potential for monopoly status. They are running on narratives and the potential for disruption.
Yeah you're 100% right. Though these companies can continue to outperform the indexes on very long timeframes. I read an article by Patrick Quinn for runs a great tech Hedge fund who actually shorted tesla around $15-20 pre-split. His biggest take away was something along the lines of "The things with these 'Industry disruptive" companies with large TAMS is they don't even have to be successful... they just have to continually increase their probability of success for major gains".
He is right
.Valuation matters though, and the farther a company gets away from LTM Cash flows and closer to their future TAM; the margin of error exponentially decreases. A growth company ($PGNY) that I like (Fertility benefits solutions, their methods yield optimal outcomes, cash flow positive, and all the secular shifts in their favor such as an increasing average age for female child birth & same sex child births) recently took a ~1 billion (20%) dollar hit on their E.V simply due to them guiding down this years revenue by 3-5%.
Would this have happened if they were trading closer to their recent cash flows (~500M cash flows, say a 2-4 multiple on sales) of 1-2B instead of them trading near their TAM at 6B? I doubt it
MRNA beasting. Jesus.
Saysumthinfunnymike
VOTE!!!
Hey hey i've been busy transitioning into my new job so i have not had much to add to the thread but i sold MARA today for a nice profit again 
Rinse and repeat on that one...
Rinse and repeat on that one...
Saysumthinfunnymike
VOTE!!!
my promotion means more money for stocks 
Congrats bro.my promotion means more money for stocks
I really took a step back with this, just got too much going on balancing life. I didn't even realize Squarespace IPO already happened until today.
I'm def going to start a position in it, it's close to the price that out IPO at, going to do some DD and see when I should get in for sure.
Also, Roblox been solid. I know people were hesitant when that one IPO'd.
I'm def going to start a position in it, it's close to the price that out IPO at, going to do some DD and see when I should get in for sure.
Also, Roblox been solid. I know people were hesitant when that one IPO'd.
Off topic but what brehs think of Jewellery to wear as an investment as I've just got bread in my savings sitting there and not doing nothing. I've bought pieces over the years but never as investments just for stunting but thinking to cop as actual investments now.
Platinum ain’t been hot since the 00s
Rickdogg44
RIP Charmander RIP Kobe
GNOG bought out by Draftkings. Wow.
Yes I know I'm behind
Yes I know I'm behind
GNOG bought out by Draftkings. Wow.
Yes I know I'm behind
What I’m curious about is if dkng would buy pen gaming