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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 08-31-2020, 11:24 AM   #5986
Hog's Gone Fishin Hog's Gone Fishin is offline
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I think that's probably true, too.
Overall I feel like I did miss the window, they are up like 900 percent in the last year or so?
Cathie Wood has a PT of $7000 and I've seen other PT of $10,000 before the split


But then again Bitcoin was supposed to hit 100K too.
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Old 08-31-2020, 11:29 AM   #5987
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What are your thoughts on buying right now?
Man, I have no idea. I keep hearing that it's overvalued and it sure seems like it. But it just keeps going up, so someone knows something that we don't.

I'm tempted to buy a tiny bit more. I jokingly posted in another thread that if it keeps up this year's pace for six more years I'll be a billionaire. If it does it for three more years, my $2,500 investment will be worth over $3 million. It's a silly thing to think about, and I'm saying that stuff jokingly, but at the same time, it's kept the pace for eight months now. What's another 36?

I've told the story before, but I made a major screwup 25 years ago when I bought Dell stock very early and then sold it. I'm not making that mistake again.

Heck, buy two shares. If you lose $500, big deal. But if it keeps going and those two shares go up tenfold it's a nice win. As Kevin Malone once said, "Any time you get 10,000 to 1 odds, you take it. If John Mellencamp ever wins an Oscar, I'm going to be a rich man."
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Old 08-31-2020, 12:02 PM   #5988
neech neech is offline
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Zoom and Square need to be in a persons portfolio
Yes.
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Old 08-31-2020, 12:05 PM   #5989
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Apple and Tesla are damn good deals today. You would be a fool not to buy
Tesla has a 1,250 P/E and has gone up 10x's or 1000% in one year.

Yeah, that's a good deal.......
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Old 08-31-2020, 12:34 PM   #5990
Buehler445 Buehler445 is offline
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FWIW the dollar is taking a dive.

Not sure what that means for much of anything other than hopefully it will help exports.

But it may be a sign of weakness in the overall economy. At least compared to other countries currencies.
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Old 08-31-2020, 05:01 PM   #5991
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Rain Man View Post
Man, I have no idea. I keep hearing that it's overvalued and it sure seems like it. But it just keeps going up, so someone knows something that we don't.

I'm tempted to buy a tiny bit more. I jokingly posted in another thread that if it keeps up this year's pace for six more years I'll be a billionaire. If it does it for three more years, my $2,500 investment will be worth over $3 million. It's a silly thing to think about, and I'm saying that stuff jokingly, but at the same time, it's kept the pace for eight months now. What's another 36?

I've told the story before, but I made a major screwup 25 years ago when I bought Dell stock very early and then sold it. I'm not making that mistake again.

Heck, buy two shares. If you lose $500, big deal. But if it keeps going and those two shares go up tenfold it's a nice win. As Kevin Malone once said, "Any time you get 10,000 to 1 odds, you take it. If John Mellencamp ever wins an Oscar, I'm going to be a rich man."
I liquidated another 5K today so I'll be buying 10 shares tomorrow

And I ALMOST pulled the trigger on Zoom this morning but didn't
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Old 09-01-2020, 09:40 AM   #5992
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I liquidated another 5K today so I'll be buying 10 shares tomorrow

And I ALMOST pulled the trigger on Zoom this morning but didn't
You really should have pulled the trigger on Zoom.
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Old 09-01-2020, 09:54 AM   #5993
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You really should have pulled the trigger on Zoom.
He would have needed to pull the trigger on Zoom, yesterday.
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Old 09-01-2020, 10:51 AM   #5994
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I placed an order for a WMT option yesterday at $335, but it didn't go through because the price shot up to $345 immediately as I placed it. I could have placed it again at the higher price but decided against it. That option is worth $900 today.
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Old 09-01-2020, 11:35 AM   #5995
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One could keep cash aside waiting for market corrections.

it is getting around that time of year.
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Old 09-01-2020, 11:48 AM   #5996
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One of my best friend's has the following 3 stocks as his largest holdings, and I mean large!

1. Tesla (Bought at $388) 300 shares down from 400 shares he sold around $1000
2. Square (Bought at $32) 1,500 shares
3. Shopify (Bought at $740) 100 shares

He is a very happy guy right now. He is the best non-pro stock picker I've ever seen. He told me about Chegg at $30 and a few others that have done incredible.
My buddy crossed the $1,000,000 mark today with his retirement portfolio at 58 years old.

He is a blue collar guy who owns a vending machine business with his brother and sister that they started.

Shows how saving and investing pays off over 25-30 years.
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Old 09-01-2020, 02:20 PM   #5997
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Old 09-01-2020, 03:41 PM   #5998
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It wouldn't surprise me if Tesla made a stock offering. Lots of people have made lots of money and none of that goes to Tesla. Not sure if Tesla owns its own stock but adding a few billion to the corporate balance sheet would help. It wasn't that long ago that musk said they nearly ran out of money and thought they might have to shut down.
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Old 09-01-2020, 05:07 PM   #5999
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It wouldn't surprise me if Tesla made a stock offering. Lots of people have made lots of money and none of that goes to Tesla. Not sure if Tesla owns its own stock but adding a few billion to the corporate balance sheet would help. It wasn't that long ago that musk said they nearly ran out of money and thought they might have to shut down.
I thought they were selling some of their stocks off I thought I saw just yesterday. On a different note my DOCU just smashed it today. Boom! ...For now anyway.
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Old 09-02-2020, 04:31 PM   #6000
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My Amazon stock is now $3,531. Got the RSU's at $1,782.

Sad I didn't get granted more....
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