I don’t take days off. I even work while on vacation. However, due to exogenous circumstances, I will be away from the desk today and will not have access to a computer, aside from the occasional phone check in. In other words, no fucking blogs today — but maybe a comment or two here and definitely some comments inside The Pelican Room in Exodus.
Feel free to shit inside the comments section here, making blog requests, or asking general questions about investing — sentences designed to find out how Le Fly does it and what makes him the world’s best trader (cue position and portfolio implosion now).
Some topics for discussion.
What will be the hottest gimmick sector over the next 6 months?
AI
Sex Dolls
Cannabis
Blockchain
SAAS
Biotech
Something Else
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Not being a d#$K. What have you done with your crypto investments? Still rolling in each month?
still own them but not buying
bro… sell that shit. Your World of Warcraft gold and Chucky Cheese Tokens are a lost cause.
So why do people hate Micron (MU)? This stock (yes, I own it) has gone down 10% in 2 days. No news yesterday, and today Baird drop their 2019 earnings estiamte from $12.50 to $11. The stock is now trading under $47, So the forward PE is ***4.2***. In fact Baird maintains an Outperform ratign and their price target is $75.
This company makes more profit than Amazon but has 1/20 the market cap. Do investors really have such lemming-like levels of stupididty that they are bailing on this cash machine? If not, what am I missing?
I bought more at $45.9 and will likely add more at the close. Unless there is some secret unreported sh!t going on, there’s nothing that justifies this drop.
What is worst case scenario for earnings? $2/share this quarter? $8/share for 2019? Don’t forget that they are expnading production, which isn’t an indication of future weakness in demand. Unless Trump tweeted something negative and some MAGA fool blew up their Virginia factory, this is an easy buy.
Bagholder^^
Damn straight.
For each $100 I put in, this company will make about $20 of net profit. I’ll be holding bags of cash in a year or two.
Stick with NVDA pal
It’s a commodity name. Lot of miners have low P/Es too
Sure, but think of it this way. A PE of 21 vs 20 is virtually identical. The difference between a PE of 4 and a PE of 5 is a 20% upside.
This stock is prices like it is going out of business. The chip market is an oligopoly, so no one is going anywhere until quantum computers ramp up.
This isn’t 2017. NVDA has half the revenue, half the profit, 4 times the market cap and is heavily tied to the crypto market, which is presently crashing. Demand for memory is stable.
Let the chipmakers fall where they may.
why do you need a computer when you have a smart phone ? what happen ?
screen size
Hottest Sector in the next 6 months. Ultrashorts. AUD/USD running to 2 year lows, risk in the world is gone.China has created this MASSIVE UGLY BUBBLE with all the liquidity they threw into since 2009, they have caught a cold…now the entire world is catching the flu. I would have never guessed how massive this mess has gotten. Historical Actions by the global central banks made a normal bubble into something that has never been seen before. Just OMG scary.
You are likely onto something with China and the other emerging markets.
Ultrashort the US? Maybe the next 6 days or weeks……not beyond there.
* * * Vix * * * Tits * * *
Tough tape but $NBEV tailed into the close and worse in AH. Beverage, Marley, Pot ……what’s it going to take for rally jet fuel? Even that POS Sodastream got bought out.