I sold a $22 put on PLTR a bit back. Let's just say I'm counting on owning 100 more here soon. I don't mind owning it, so not worried about being assigned.Buying more PLTR as it drops. Hope I'm right about it.
This is another that we haven't seen these prices since mid-November. I'll add some too.Buying more PLTR as it drops. Hope I'm right about it.
Who knows. Man, it’s hard not to watch the day to day carnage but it’s a little depressing seeing great results ignored. Luckily most of my recent carnage is all IRAs so I can’t even touch that for a decade+ anyway but it sucks.Man what’s with Mondays lately.
Between UWMC and SE, the buying opportunities today are on fire.UWMC is my largest holding now. I can't stop buying as it keeps falling.
One of my few good moves this year, selling this in February when it jumped back over $11. They have earnings tonight and as far as I know it seems like there’s nothing you can report lately that won’t knock a few % off the price.UWMC is my largest holding now. I can't stop buying as it keeps falling.
Crypto downSeems like everyone rotating out of stocks into crypto.
It's because IT IS ALL HYPEIt doesn't feel that way based on hype, that's for sure.
ETH is crushing it!It doesn't feel that way based on hype, that's for sure.
I agree. That's why I'm hesitant to add to my shares I've held since forever. Hard to like these prices, but I believe in BTC and ETH long term.It's because IT IS ALL HYPE
I was wrong on it but then tossed a bunch of racks into it in December and let me tell you, it’s way outperformed any of my other holdings. By miles.Feel like I've never been wrong on anything in my life than crypto. I had no idea that something could be fueled by pure hype and memes to this extent.
I mean I thought, hey it's going to zero once people realize you can't spend it to buy anything, turned out that was it's very best feature. Once decoupled from the fact that it actually has to be useful it went to the moon.
I know what you are saying. It almost feels like people are investing in beanie babies or the local arcade tokens. I get BTC/ETH (maybe not the full price), but some of the ones people are investing are no different than the ones in that buy crypto thread in here that was down what 90 something % at one point? If there’s no use to it, who’s going to keep buying it. People aren’t buying it because they believe in it they are just looking for the next new thing.Feel like I've never been wrong on anything in my life than crypto. I had no idea that something could be fueled by pure hype and memes to this extent.
I mean I thought, hey it's going to zero once people realize you can't spend it to buy anything, turned out that was it's very best feature. Once decoupled from the fact that it actually has to be useful it went to the moon.
WHY DO YOU HATE MONDAYS GARFIELD!! YOU DON'T EVEN WORK!!!!Man what’s with Mondays lately.
It is also being very aggressively advertised by those holders because they need new people buying to keep price high (early entrants seldom sell). Really classic ponzi scheme behavior...but can still go much higher.I know what you are saying. It almost feels like people are investing in beanie babies or the local arcade tokens. I get BTC/ETH (maybe not the full price), but some of the ones people are investing are no different than the ones in that buy crypto thread in here that was down what 90 something % at one point? If there’s no use to it, who’s going to keep buying it. People aren’t buying it because they believe in it they are just looking for the next new thing.
Fixed that up. At least for me over the last few years.Feel like I've never been wrong on anything in my life thancryptoTesla.
No this is 100% a beanie baby thing, and everyone knows it. At some point the music stops, but for now it's wild.I know what you are saying. It almost feels like people are investing in beanie babies or the local arcade tokens. I get BTC/ETH (maybe not the full price), but some of the ones people are investing are no different than the ones in that buy crypto thread in here that was down what 90 something % at one point? If there’s no use to it, who’s going to keep buying it. People aren’t buying it because they believe in it they are just looking for the next new thing.
I wish I bought more than just BTC but man I don’t believe in stuff like DOGE and Safemoon. Same way I don’t believe in GME. I do think they will crash much harder because GME only reports every quarter and they’ve raised enough cash to be around for a long cap leak.
Time for comfort lasagna imoWHY DO YOU HATE MONDAYS GARFIELD!! YOU DON'T EVEN WORK!!!!
Yea stuff you’re holding for a decade like an IRA that you can’t trade I wouldn’t even think about.Who knows. Man, it’s hard not to watch the day to day carnage but it’s a little depressing seeing great results ignored. Luckily most of my recent carnage is all IRAs so I can’t even touch that for a decade+ anyway but it sucks.
Don’t do that. Everyone is wrong on Crypto until they aren’t. A few bitcoiner platitudes....Feel like I've never been wrong on anything in my life than crypto. I had no idea that something could be fueled by pure hype and memes to this extent.
I mean I thought, hey it's going to zero once people realize you can't spend it to buy anything, turned out that was it's very best feature. Once decoupled from the fact that it actually has to be useful it went to the moon.
Falling knife right now but I'm right there with you. I am fully loaded on this one.DKNG 45's??? Had a comfortable position, but I'll add here. Except for the quick early Jan dip, haven't seen this range since mid November.
Holding steady as I can on this one (DKNG) too.Falling knife right now but I'm right there with you. I am fully loaded on this one.
I hear you. It’s hard to watch though when they continue to perform and get whacked and you see stuff that no one should be in blowing up. At least my taxable account isn’t getting crushed as much because it’s mainly AMZN and cash.Yea stuff you’re holding for a decade like an IRA that you can’t trade I wouldn’t even think about.
I actually moved a small amount of amazon into a few other things. Considering doing it with draft kings too. Trying to diversify a little tiny bit.I hear you. It’s hard to watch though when they continue to perform and get whacked and you see stuff that no one should be in blowing up. At least my taxable account isn’t getting crushed as much because it’s mainly AMZN and cash.
Yeah, that Safemoon one seems completely setup that way and not even hiding it.It is also being very aggressively advertised by those holders because they need new people buying to keep price high (early entrants seldom sell). Really classic ponzi scheme behavior...but can still go much higher.
This is one that ran away from me last year while I waited for the dip that never came. Awfully tempted to pull the trigger on it on this 20% drop, even though it's still up 74% in the last year.Well, it looks like I’m in it for the long haul. Even though I love sold off most of my TTD, it’s still one of my larger stocks. Here’s what happened this morning:
1. Beat revenue estimates
2. Beat earnings estimates
3. Raised Q2 guidance
4. Announced stock split
Down 13% premarket. I feel like I’ll be fine in a few years but dear lord this is a gut punch. Still growing 50-60% but it just doesn’t matter.
I reloaded my trading shares I sold in Jan. Added 2x the amount of shares I sold. This is another one I'll sell bonds for if it gets down 10-12 range. PLTR is growing about the same rate as CRWD with similar rev projections. Maybe CRWD is still overvalued, but I like PLTR here.Buying more PLTR as it drops. Hope I'm right about it.
I mean, the root of all of this was created by someone who is unknown and holds ~5% of the BTC that will ever be createdYeah, that Safemoon one seems completely setup that way and not even hiding it.
Oh, I’m way too diversified to be honest it’s just that most of that had done well so it’s all lumped in that growth stocks suck momentum. Even some of my more financial or retail or food industry based ones all seem to be stuck in a rut not just WFH stocks. I am keeping the rest of my Amazon, I did sell some before but I’m good with it.I actually moved a small amount of amazon into a few other things. Considering doing it with draft kings too. Trying to diversify a little tiny bit.
It’s a great day to do it. Just depends on if you are looking long term or near term. The drop today based on earnings is ridiculous but it could continue to go down if the rut continues. Maybe open a 1/3 position now and keep adding. If it goes up then you made money, down you average down.This is one that ran away from me last year while I waited for the dip that never came. Awfully tempted to pull the trigger on it on this 20% drop, even though it's still up 74% in the last year.
It’s growing slower. CRWD 2019 to 2020 was about 80% and PLTR was almost 50%. They are similarly valued I think as PLTR is worth a little less but has a little more in revenue. I think CRWD may be a little cheaper based on future growth rates. That said I like them both in 5 years. I think PLTR has a bit of a bigger risk in that it’s government revenues are driving more of their growth.I reloaded my trading shares I sold in Jan. Added 2x the amount of shares I sold. This is another one I'll sell bonds for if it gets down 10-12 range. PLTR is growing about the same rate as CRWD with similar rev projections. Maybe CRWD is still overvalued, but I like PLTR here.
Both are projected to be around 30% rev growth next year. We'll see what PLTR guides at.It’s growing slower. CRWD 2019 to 2020 was about 80% and PLTR was almost 50%. They are similarly valued I think as PLTR is worth a little less but has a little more in revenue. I think CRWD may be a little cheaper based on future growth rates. That said I like them both in 5 years. I think PLTR has a bit of a bigger risk in that it’s government revenues are driving more of their growth.
That’s not right for CRWD. In their last earnings call in March they estimated 2022 revenue (2021 calendar year, FY starts in February 2021) at over $1.3B. Last year’s revenue was $874M, so that’s a little over 50% growth.Both are projected to be around 30% rev growth next year. We'll see what PLTR guides at.
Done and donekevzilla said:Starting to flirt with a double in ETHE, at which time I will sell half. Discipline trumps conviction.
Capella said:Well that was certainly not the best week I’ve ever had. See you dorks Monday.
So would you recommend that I don't invest in Carole Baskin's Big Cat Coin?I mean, the root of all of this was created by someone who is unknown and holds ~5% of the BTC that will ever be created
I'm sure there are people trying to turn this technology into cool useful applications, but right now I just see a lot it as grifting. Grifting that is confusing way too much energy because the older protocols are deeply inefficient.
Always like to see other FBGs making money though. Not hating on the people here making loot on it.
Sorry, was talking 2023 which are just analyst projections that can be beaten I suppose. PLTR doesn't have projections for 2023 it looks like.That’s not right for CRWD. In their last earnings call in March they estimated 2022 revenue (2021 calendar year, FY starts in February 2021) at over $1.3B. Last year’s revenue was $874M, so that’s a little over 50% growth.
Yeah, I think this is the right idea. I'm doubling down on this one.DKNG 45's??? Had a comfortable position, but I'll add here. Except for the quick early Jan dip, haven't seen this range since mid November.