Boiler Room: The Official Stock Market Discussion

winb83

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Bro sounds like a Tesla bull and he's basing a lot of his thesis around "what if's". Not saying he's wrong but he's obviously a Tesla bull.
He's not wrong you could have bought Tesla in the $500s this year and still more than doubled your money. Also you didn't have to get in early on Tesla. You could have bought for years after the IPO when the stock did nothing. There's a lot of revenue growth priced into these new electric startups and that's assuming everything goes well. Until these companies reach some level of scale they're going to burn a lot of money trying to reach it.

These new electric startups are propelled by people wanting to get in early days on the next Tesla because they missed out. That's not going to be enough to keep the share price up if the market hits turbulence.
 

Liu Kang

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JMIA dumping hard pre-earning ? It was the same in May when I entered at 19.2. Anyway I had buy orders at 16.2 and 13.2 but didnt expect the first one to be triggered today. RIP to the brehs that have their average in the 50s :francis:
 

Rickdogg44

RIP Charmander RIP Kobe
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Some bitcoin "ETFs" i found. I'm debating just buying the dips. Wheeling (since they have options). Or potentially just buying bitcoin ... fractions :hubie: I know this is 6 certs gang :pachaha:

$BITO
$BTF
$XBTF
 

winb83

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JMIA dumping hard pre-earning ? It was the same in May when I entered at 19.2. Anyway I had buy orders at 16.2 and 13.2 but didnt expect the first one to be triggered today. RIP to the brehs that have their average in the 50s :francis:
What happened there?
 

CBalla

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i forgot to play HD calls for earnings
easy money missed out on
 

Liu Kang

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What happened there?
So apparently their losses increased by 93% YoY mostly because of marketing efforts so that dump makes sense. Even though they had some KPIs that increased positively, they are still far away from profitability.
 

winb83

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So apparently their losses increased by 93% YoY mostly because of marketing efforts so that dump makes sense. Even though they had some KPIs that increased positively, they are still far away from profitability.
So they were trying to acquire more customer, had to increase spending and the market didn't like it.
 

FreshFromATL

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The EV sector is HOT right now.

The market is telling us something about Tesla, Lucid, and Rivian, IMO. These companies are getting straight up tech evaluations, the market isn't viewing them solely as 'car' companies.
 
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winb83

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The EV sector is HOT right now.

The market is telling us something about Tesla, Lucid, and Rivian, IMO. These companies are getting straight up tech evaluations, the market isn't viewing them solely as 'car' companies.
Problem is the product they sell are very expensive cars that the production of which is very capital intensive and complicated to make. We've reached FOMO madness now. Tesla is more or less proven and battle tested. Those other ones are riding its coattails.
 

dora_da_destroyer

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The EV sector is HOT right now.

The market is telling us something about Tesla, Lucid, and Rivian, IMO. These companies are getting straight up tech evaluations, the market isn't viewing them solely as 'car' companies.
The market is irrational on them, well TSLA gonna do what TSLA does. LCID was so cheap that it might sustain in the 40’s, RIVN gonna be a hot mess over the next 6 months, wouldn’t cop unless you can get shares under 100 or low 100s, that lock up expiration gonna see a lot of employees unload - they were able to steal a lot of TSLA talent with RSU’s, not salary, so those employees will be looking to cash in
 
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