Nemeses2050 wrote: » CRSR blows away estimates and still down OPK health flying regards Netflix, there's too many streaming sites now and Netflix won't be seeing the same robust growth going forward...so may be that explains why its down
Mickiemcfist wrote: » Picked a bad day to go in on Fiverr, bought @ 179 on Friday, trading at 139 now. Thankfully it's my only position in the red but Jesus I barely had time to put my hands back in my pocket. Just wish I bought a week later.
DutchYurt wrote: » Ooof sorry to hear thats quite the swing, I feel your pain. reckon there will be more pain or 139 is a buy opportunity?
Nemeses2050 wrote: » That has been the pattern this Quarter...will see how it holds today... A lot of IT stocks down...JFrog at the lowest
RIGOLO wrote: » Looks like NASDAQ is having a sell off, Jimbo (the CNBC Mad Money Jim Cramer) did call it saying a multi-day Nasdaq sell off was on the cards. Could this be the valuation reckoning we all new was due . Beware how the big boys play, they will let you down so gently you wont even know you lost a packet until its too late.. I speak from experience. Im going to pass on PLTR for now. Asia Asia Asia.. seems to be where its at. Picking up some Lenovo when mkts open tonight. As long as the VIX is high the volatility will provide opportunity , big trading houses are flat out picking pi's pockets. Another sure sign .. when NIO turns red somethings going on still it made a few bucks for many here .
T.Chunter164 wrote: » Guys please do not base your investing on Mad Money's Jim Cramer, do the research yourself and keep an eye on potential news around whatever company you are investing in - as example, e-commerce now leading up to the Christmas season - or energy stock in the US given Biden being elected as president.
RIGOLO wrote: » To glibly dismiss everything Jim Cramer says is such a tired line everyone throws out to sound informed. Jim Cramer a trader for nearly 50 years , in the spotlight for 30 years on the business channel that sets the bar for others to follow and people think he doesnt have any value.
So if 2 days ago Jim Cramer says be careful folks this Nasdaq sell off could be multi-day, it gets me thinking. And as things have transpired Jim seems to have been right. Helped me decide not to take a punt on PLTR, seems if others had listened they too might not have got burned in this 2 day NASDAQ sell-off.
Next you will be telling us Joe Kennedy should have ignored what his shoeshine boy was saying about the stock market in 1928, if he had ignored it he wouldnt have exited just before the great depression.
Jim2007 wrote: » Except he’s not a trader, but he’d like you to think he is. Like everyone else who makes money out of trading, as indeed I did, he’s in the picks and shovels business. It’s just simple stats and a bit of probability theory for heaven’s sake. Except he did ignore it and took it as an indication of what a crazy situation it was. The rest of your post just proves his point you’re taking a 50/50 bet on being able to guess when someone else is right or wrong! Hopefully people will see you are their shoe shine person!
RIGOLO wrote: » ahh Jims back.. still no stock tip Jimbo .. Markets are open in Frankfurt and London , theres 3000 companies to choose from.. go on pick one If your probability theory extends to calling somthing a 50/50 bet then its evident you know nothing on this subject. Statistics was one of my own majors in college , but even so on that subject I do defer to the missus who was a lecturer in MIT and Harvard and outdoes me with her PhD in statisitcs. I freely admit its a topic I fear to thread on when she is about, I hate it that she lords it over me when it comes to that field. Anyways newbies enough of Jim and his non stock tip posts in the stock tip thread. I stand over my case of never ignoring a source and will do till my account closes. My best ever trade was NVIDIA , many years ago we had an aupair from the Czech Republic, useless sod, took no interest in the kids, and no help around the house so we shipped him on after a few weeks. But what he did pay ALL his attention too was a handheld device , he had just gotten the new NVIDIA handheld console, I took a look and was impressed. So as he stuffed his face across the table from me , I determined if this kid is transfixed by this device then this company are onto something and this stock is a must buy. NVIDA was $15 at the time ... the rest is history so like I say never ignore a source but do ignore people who never tip in a stock tipping thread.
Kilboor wrote: » Yesterday morning I closed out a position I had held for the last 4 years, in fact it may have been the first stock I ever bought! 4 years and a return of 50% (all this year) Looking back I had no idea what I was doing back then but thankfully today I can pretend I know what I'm doing :cool:
Mickiemcfist wrote: » Nice, what was it?
Kilboor wrote: » An Aussie stock, Barra Resources. At the time I invested into it purely because it was a cheap stock and similar companies (Galaxy Resources) had made a killing. It was involved with mining cobalt which I believed would be vital for the electric car industry but of course it was a stupid decision because I didn't know the first thing about mining or raw materials or the Australian market. Still I for some reason average downed my position to something like 0.025 aud. After announcing their cobalt resource study which was underwhelming and released into a bearish cobalt market I decided to hold as the share price fell to 1 cents. Thankfully the company also holds some gold deposits and this allowed me to exit in the money this year with the rising price of gold. A good learning experience I would say!
Kilboor wrote: » I enjoy reading your posts, I'm not sure if you're a mad man or semi genius but not that you were wrong to follow the very Peter Lynch strategy of seeing what people are enjoying, however Nvidia definitely aren't valued where they are today because of handheld gaming consoles. The shield division makes up a relatively small portion of the business. What they are really successful at from a consumer facing point of view is graphics cards and from a less consumer point of view their chips for self driving technology and a range of other applications the day to day user wouldn't necessarily notice.
Jim2007 wrote: » Except he’s not a trader, but he’d like you to think he is. Like everyone else who makes money out of trading, as indeed I did, he’s in the picks and shovels business. It’s just simple stats and a bit of probability theory for heaven’s sake.
jams100 wrote: » Got into alibaba yesterday. I know they keep talking about regulating the likes of alibaba, Google, amazon and no doubt that would have a negative effect but at the end of the day when I want to find something on the Internet I'll be using Google and probably amazon, regardless of what regulations come in, and I guess the majority of people will do likewise. These companies are ingrained in most people whether we like it or not, I see the dip as good chance to get into a company I've been watching for a while. What are peoples thoughts on baba specifically?
T.Chunter164 wrote: » And a lot of people tend to forget how at Tesla's IPO and for weeks after, he vehemently dismissed the idea of Tesla stock potential, fast forward to years later and its worth hundreds, to a point where Musk himself said it was overvalued (I have to say though I very much disagreed with what musk said there)
Nemeses2050 wrote: » CRSR blows away estimates and still down
