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Pop into the CYDY thread, there may be some good news. MAYBE.Flipped some cydy for a $5.25 gain. 5 minutes closer to retirementI don’t know why I get such a rush trading this dog. Every time I buy I immediately have buyers remorse and can’t wait to dump it.
Bezos says no Airbnb for you. Probably should lot at Airshed
Thanks for this. Never met a Spac I didn’t like. Some of these are up big premarket
Elon =AMZ profits > TSLA profits > more AMZ stock. The circle of profits.
Not I. They did guy buy TopGolf which is the only reason it's on my radar - hold a decent amount of $DS (Drive Shack) - a Top Gold competitor.
Yeah, it looks like it could go way higher than it is now. Bought in November @$17.05 am am enjoying the run up. Topgolf was one reason I bought. Plan on holding long term, for me at least.
I haven't checked lately, but is Tesla now valued more than all the other auto manufacturers combined?
If your brokerage has a company description and describes the ticker as a “blank check company” it’s a SPAC.
In related news IPOC-IPOF are all having good days again. I'm well up on these and will continue to hold.
SMH for hesitating on that one. Hard to buy a company at 70x sales and growing at 50%. Great growth rate but way to high a valuation. TWLO is growing at the same 50% rate and has a slightly higher market cap. Difference is that TWLO’s current revenue rate is more than double U. Same growth rate, both high margin software type companies, almost same market cap but one has far less revenue. At least U isn’t SNOW, lol with a 200+ P/S ratio. That’s astounding.
You should. The max gain so far on those is 10%. It’s nice to be green, but you are holding these for a bigger pop. I’m still holding IPOC even though it’s announced a merger because I think it’s got a future. The other two are hopes for bigger pops on the announcement.
Probably. What’s amazing with this year’s run up is that it has almost nothing to do with fundamentals. S&P 500 inclusion, stock split and just some mania. I mean if I told you a company that was only profitable due to tax credits (that we’re going away) even with $20B+ in revenue and that it’s 2020 revenue growth was around 15-20% after 15% growth from 2018 to 2019, what would you think the stock would have done this year? Would you think 500-600% return?
Don’t know. I thought about adding back in what I sold at $135 when it was in the $60s. Would have been a nice way to double my shares for the same cost. Still have a bit over 100 shares so no problem with today!
I'm going to play a little game with myself - see if a 2 fund portfolio can outperform S&P500 with almost no inputs or changes. I'm going to use TNA/TMF and a target 60/40 allocation. Will rebalance to this ratio on 3/16, 6/28, 9/28. Starting position is 100 TNA, 103 TMF, nominal cash. Goals are to look at volatility decay, take market timing out of play, and as a comparison for my more active accounts. No additional funds will go into this account.
I think it would be dumb to move money out of a tax deferred account so you can pay taxes on profits now and losing the compounding aspect.
