Trading the stockmarket (NO Referrals)

413x said:
Yes similar views and experiences.

I was most surprised by duolingo actually.
Results were OK. Not amazing. But certainly not bad. Guidance was same. Not ideal. But certainly not bad. AI actually seems to be working for them.

30 percent down. Just like that.

Almost every stock drops 10 percent + on earnings (I'm talking popular tech). Recovers a bit, then continues to drop.

Seems best thing is to sell before earnings. If I was brave I would be shorting now. But I always find it too much a lottery.

3 months ago you could buy anything, anything and it would probably make you cash. Then everything plateaued. And I started thinking "this is it, this is the crash". But I didn't rally sell. Now it's really ramped up. Who knows how deep it will be. I do regret not selling off more in that flat stage. It felt like a self fulfilling prophecy. More and more people were talking about bubbles but still buying.
If I had sold I would certainly be much better off. I've always been good at buying. And always been bad at selling. Should have trusted myself on this one!
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Same deal Elf Beauty

Results beat not fantastic future guidance but not 30% plus drop bad
 
Wasn't someone on here heavily into datavault?

Down about 50 percent in a week. Even talk that it might have been a scam all along! Not sure if true!
 
Almost some swing trades coming back into play, but not quite. Definitely rocky at the moment. The reality of the Trump stupidity is still working its way through the economy, indicators could get ugly.
 
mid_gen said:
Almost some swing trades coming back into play, but not quite. Definitely rocky at the moment. The reality of the Trump stupidity is still working its way through the economy, indicators could get ugly.
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Lucky for Trump with the shutdown we have very little stats coming out on the economy.
 
It's been a month since I opened a Trading212 account and so far I'm 21.9% down. It's not a great start but I knew I was buying in high to many companies, but it's only a modest amount and I just wanted to say I owned a little of them. I am currently 50/50 quantum computing and Mag 7 stocks, plus I have now become a "community member" of Beyond Meat after I couldn't exit short term positions. Not too worried though as it's a medium to long term investment. If I was making serious investments, I would be holding off a bit at the moment, as everything is still too overvalued and I think there will be a much better chance to get in over the next 6-12 months. That said, in the long term I don't think you would regret buying Mag 7 and quality companies even now.
 
413x said:
Down about 50 percent in a week. Even talk that it might have been a scam all along! Not sure if true!
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Looking at the chart is was a 1,000% gain (i.e. 10x) from 1 Sep to 20 Oct, followed by a 60% loss from 20 Oct to today.

Still not bad if you got in and out at the right time! Not looked at it but I would expect it was just a lot of hype.
 
The market is pretty lacklustre atm, though ALRT has gone up 11% from its recent low. Am back in cash only.
 
Unity Software, game development software, up 18% after 3rd quarter earnings solidly beat Wall St expectations, and ended 6 consecutive quarters of year-on-year revenue declines.
 
Waste Management (WM) does waste collection in America. Recently acquired SteriCycle for medical waste. Take a look at the long term chart, it's up in a line. Market beater over the last ten years. Recent (rare) pullback could be buying opportunity.

Waste is not glamorous, but it is reliably profitable.
 
200sols said:
If you think he'll do it (5x the company share price) then start buying, it'll make you rich as well.
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I don't think he will do it because the companies valuation is already absolutely ******* crazy. I don't know if its still true but its value/revenue was something like 145x vs the other massively overpriced top companies which were at something like 45x.

I think the only reason they agreed to this pay packet is because he has them over a barrel. They don't think he will achieve the deliverables (which he won't) but they are petrified he will leave because the companies valuation is based on him for some unknown reason. They have admitted this. They know they're massively overvalued and they know that losing Musk would likely bring them crashing down to earth.
 
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radderfire said:
Looking at the chart is was a 1,000% gain (i.e. 10x) from 1 Sep to 20 Oct, followed by a 60% loss from 20 Oct to today.

Still not bad if you got in and out at the right time! Not looked at it but I would expect it was just a lot of hype.
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The latest being they are going to tokenise jokes! (Rodney comedy club)

DVLT and BYND I could have had some nice profit but once I’ve cashed out original sum, I have bad habit of just letting it run.

Same with LUNR but that along with Quantumscape was always just going to hold remaining shares long term.
 
radderfire said:
Not Amazon. Their share price jumped 13.5% shortly after their earnings call on 30 Oct.
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The big boys seem pretty robust I have to say. It's all the small players that are riding the AI train but barely have any revenue and are miles from profit
 
SmokeKingGun said:
The latest being they are going to tokenise jokes! (Rodney comedy club)

DVLT and BYND I could have had some nice profit but once I’ve cashed out original sum, I have bad habit of just letting it run.

Same with LUNR but that along with Quantumscape was always just going to hold remaining shares long term.
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I have the same habit!
 
413x said:
The big boys seem pretty robust I have to say. It's all the small players that are riding the AI train but barely have any revenue and are miles from profit
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And that is why this is different to the DOT COM crash, as back then they were mostly all small players and either zero revenue or highly unprofitable . Meta is deservedly dropping because billions were wasted on VR, and now they are going all in on AI but they don't have diverse income streams. Microsoft, Amazon, Google, Apple all have different product sectors and ways to magnify the impact of AI Investment
 
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