I have a starter position in TLT as well. 2% down on my ~91.73 CB....
Looking at TLT isn't going to be something if we finish December with it at or near its 52 wk lows. I'm going to take a stab at it if we get a double bottom with decent size (probably couple hundred k)
I think you and I did played it the same way last time right around this level, with first few purchases a little early. I haven't pulled trigger yet but we are getting close.
The thing about PLTR, arriving late to the party anyways... I have to go all the way back to Feb through August to see any kind of realistic pattern. Like if it got down to 21 a share, I would feel confident that that was around the floor. Or, in other words, safe to buy into then. Sort of like Verizon hovering around $40/share is safe to buy in at, usually. But PLTR is at fkn 61, and could go higher? But then the world is falling apart at the same time?PLTR +6%
My selling my shares in the low 50's was with the full knowledge I may not see a reentry in a long time.The thing about PLTR, arriving late to the party anyways... I have to go all the way back to Feb through August to see any kind of realistic pattern. Like if it got down to 21 a share, I would feel confident that that was around the floor. Or, in other words, safe to buy into then. Sort of like Verizon hovering around $40/share is safe to buy in at, usually. But PLTR is at fkn 61, and could go higher? But then the world is falling apart at the same time?
Shit man... Im open to giving advice to anyone on real estate and have been doing so for a while on here. But Stocks Im still learning if anyones open to it. Bringing Verizon up again, I bought yesterday at 40.18, and sold this morning at 41.31 as it was going down from its high of 41.40. For the 800 shares I bought into it, a $904 dollar turn around was a clean sweep.. in my book, at least.
I checked and it looks fine. Stock is the same price it was almost 3 years ago.Can we get a wellness check on KO please
It was out of the box and running free, YAY I"M A GROWTH STOCK!I checked and it looks fine. Stock is the same price it was almost 3 years ago.
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It has little of those things to analyze it's a speculative wall street bets type stock. They are not profitable, quite far from it, so there is no PE. They have 300M in revenue and a 9+B evaluation. Rev growth is just starting. This has people excited about what the company could become. Cash flow and cash on hand are a little concerning, however I think they could easily raise money and to loop back to concerning if they do so with stock sales it will dilute existing share holders but at this evaluation its probably a better source of cash than borrowing.Blazin would you give me a brief analysis on RKLB plz? Like how their growth projection looks, pricing etc? Not a deep dive or anything - just the basics like interpreting PE ratio, growth, etc
Thanks for weighing in. I didn’t realize RKLB got picked up by Reddit WSB. Looks like that’s been the last few months.It has little of those things to analyze it's a speculative wall street bets type stock. They are not profitable, quite far from it, so there is no PE. They have 300M in revenue and a 9+B evaluation. Rev growth is just starting. This has people excited about what the company could become. Cash flow and cash on hand are a little concerning, however I think they could easily raise money and to loop back to concerning if they do so with stock sales it will dilute existing share holders but at this evaluation its probably a better source of cash than borrowing.
It's too speculative for me to be of much use, this a company still in the very speculative camp. Any financial metric you look at it will be so eye poppingly scary it is of little value. They have customers, they have a launch schedule so that means they are head of previous space silliness like virgin. Their backlog of revenue should mean that the next 4-5 quarters should be good reports and in line to expectations. It's hard for a space company to "surprise" because everyone has full transparency on their launches. The next rocket version is going to determine the next stage of this company. Big success and the stock triples in the coming years.
What's tough with these plays is they abuse the heck out of you as a shareholder, they will be flinging stock options around like candy to attract talent and they will use their stock as a source of cash but if things are going well enough the stock can overcome those headwinds.
I personally hate this is stock #1 amongst reddit retards. If you want some sort of yardstick for expectations, I would just go back through and look at SPace X valuations during different funding rounds and where they were operationally at that time.
While we are in a fervor of euphoria and speculation right now (like early 2021) I still think it's reasonable for risk takers to believe this could become a 30-50B company at some point.
It's more than picked up by them this is the current GME apes strong and we're all gonna be rich and shit.Thanks for weighing in. I didn’t realize RKLB got picked up by Reddit WSB. Looks like that’s been the last few months.
Seems like it’s the kind of thing I should only put money into that I’m willing to absolutely lose.
It's more than picked up by them this is the current GME apes strong and we're all gonna be rich and shit.
Oh boy. To be fair I was in on RKLB before it got picked up by WSB..Foler what have you gotten me into