Boiler Room: The Official Stock Market Discussion

Rickdogg44

RIP Charmander RIP Kobe
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Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
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TYRONE GA!
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:

yeah, time to just bow out. lost like 13 bands on this shyt. :scust:
 

Rekkapryde

GT, LWO, 49ERS, BRAVES, HAWKS, N4O...yeah UMAD!
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Have the fundamentals of the company changed? If not why sell? You haven't lost anything until you lock it in.

I can take what money I did get from the sell and flip that on something else. :yeshrug:

holding on to a sinking ship hoping for a turnaround has burned me once too often. Cut dead weight and move forward.
 

ExodusNirvana

Change is inevitable...
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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.
This is what I'm afraid of

I see Teslas on the street...I almost copped one in 2014

I never seen a Rivian...they haven't made shyt

FML the stock is up since I sold....this is gonna be like GME all over again...me looking at the stock like "FOH :mjlol:" all while the shyt does a triple somersault and lands on one toe :mjcry:
 

winb83

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This is what I'm afraid of

I see Teslas on the street...I almost copped one in 2014

I never seen a Rivian...they haven't made shyt

FML the stock is up since I sold....this is gonna be like GME all over again...me looking at the stock like "FOH :mjlol:" all while the shyt does a triple somersault and lands on one toe :mjcry:
Lucid is trading right now at 40x 2022 projected revenue. Tesla is trading at 15X average estimated 2022 revenue. Lucid is bad right now as it's more expensive than Tesla. Rivian however is insane. It's $20 billion away from being worth more than Ford and GM combined. At this point it's a game of musical chairs for who the bag holders will be when the music stops. It's not an investment right now it's just gambling. It will be several years before that company is putting up numbers that justify what it cost right now.

I know it's easy to get swept up in irrational behavior of others and watch a share price continue to climb but valuation matters and when all the insanity subsides this thing is gonna freefall back to earth.
 

ExodusNirvana

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Lucid is trading right now at 40x 2022 projected revenue. Tesla is trading at 15X average estimated 2022 revenue. Lucid is bad right now as it's more expensive than Tesla. Rivian however is insane. It's $20 billion away from being worth more than Ford and GM combined. At this point it's a game of musical chairs for who the bag holders will be when the music stops. It's not an investment right now it's just gambling. It will be several years before that company is putting up numbers that justify what it cost right now.

I know it's easy to get swept up in irrational behavior of others and watch a share price continue to climb but valuation matters and when all the insanity subsides this thing is gonna freefall back to earth.
It's crazy that this is basically what I was telling my friends all last year when GME had it's run

And then....*sigh*

I'ma chill...there are other plays to be made...I'm just pissed :shaq2:
 
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