Investing General Discussion

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Golden Baronet of the Realm
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12,516
I'm bullish on Government contractors in the short term. With a looming budget battle, we may get many months with a continuing resolution. What this means for contractors is that the government is going to be very eager to sign contracts in the next month because anything they sign gets to keep it's funding during the CR period.
 
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Mist

REEEEeyore
<Gold Donor>
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The only good way to make money that isn't already "priced in" is to buy otherwise profitable companies that are oversold due to bad press or being intentionally punished by investors. See Meta, Netflix, etc.

Finding the entry and exit is hard, but you can still make money even if you don't time it perfect. You just won't make the maximum possible money.

The key is that it has to be a company that is fundamentally very profitable. It cannot be something like Peleton that's being sold down for good reason.
 

Awanka

Molten Core Raider
327
422
Closed out my NVDA position. Being in a crowded trade at all-time highs because of AI hype makes my hooves twitchy.
 
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Sanrith Descartes

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Here is the 5-year on NVDA. If it can avoid falling backwards here, it is clear up to overhead resistance at $307. That is probably where I sell the rest of my stake and wait for a downturn to buy back in.

1683574885386.png
 
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Awanka

Molten Core Raider
327
422
Here is the 5-year on NVDA. If it can avoid falling backwards here, it is clear up to overhead resistance at $307. That is probably where I sell the rest of my stake and wait for a downturn to buy back in.

When these narrative-driven extreme-valuation names reverse, it is sudden and brutal. I've seen it too many times, and been in the midst of the corpses and flaming wreckage. That being said, I fully expect the stock to go parabolic now that I'm out.
 
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Sanrith Descartes

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When these narrative-driven extreme-valuation names reverse, it is sudden and brutal. I've seen it too many times, and been in the midst of the corpses and flaming wreckage. That being said, I fully expect the stock to go parabolic now that I'm out.
I do my best to just play the technicals for better or worse. It limits my making emotional trades.
 
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Sanrith Descartes

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<Aristocrat╭ರ_•́>
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PLTR with the double beat. Remains profitable. +13% and rising.
Edit +15%
+16%
+17%
+18%
+24%

1683576401807.png
 
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Sludig

Potato del Grande
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10,575
Well, thought I bonds would only be going up with these interest hikes, but looks like it's down from 6-7% when i was first interested last year? Went from like 3.89 last quarter to 4.3....
Not sure if that's any better than just doing Sanriths Amex CD thing or any of these other banks offering some special rates.

Edit: Answering some of my own questions, didnt realize that even once purchased that it was variable, so if at some point inflation is deemed flat again the rate would be garbage.
 

Ranak

Molten Core Raider
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Well, thought I bonds would only be going up with these interest hikes, but looks like it's down from 6-7% when i was first interested last year? Went from like 3.89 last quarter to 4.3....
Not sure if that's any better than just doing Sanriths Amex CD thing or any of these other banks offering some special rates.

Edit: Answering some of my own questions, didnt realize that even once purchased that it was variable, so if at some point inflation is deemed flat again the rate would be garbage.
And there are penalties for pulling I-Bonds before 5 years. I think it's 3 months worth of interest.
 

Sludig

Potato del Grande
9,925
10,575
And there are penalties for pulling I-Bonds before 5 years. I think it's 3 months worth of interest.
Yeap, for less than a % more than these others. I mean if we go recession crazy and hyper inflation maybe it would jump nicely, but then again that scenario you are starting to look at money worth nothing... Still been staying liquid both out of conventional investment fears, but been seriously considering buying a 2nd home as a long term, but it's own issues there.
 

Sanrith Descartes

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PLTR trading around +16% pre-market. Its sort of interesting in that this stock is an example of price discovery actually working. If memory serves, it was valued at approximately $7.50 and hit the open market at a price of about $10. It shot up to about $45 or so in the insanity pre-covid and then dropped back to sit around where it was originally priced at. Its doing about $2b in revenue and profitable with about 25% EBIT margins.