What's gonna be the GME or AMC of the year? Money to be made still.
After 5 or so years, I feel the only worthwhile investments are pre-tax share purchase schemes in the company you work for.
For everything else, the tax system makes the risks really not worth it (not trying to descend the thread into another tax debate, but it really is the ruination of most investors)
Invest for the long term and not on short term emotions and you won't have this feeling.
I wanna cry. it's gonna break 115 USD today and I sold around 60 after having a BEP of 177.
It's probably 7 or 8k I have lost out on.
Luck doesn't come into it. Someone makes a decision to buy or sell at a certain price, based on judgement.
Unlucky to hit the low.
One thing I see a lot with Stock prices, often the build up to something happening (Chinese Election) the price falls, but when the thing actually happens (election result), the price bounces back. Often it doesn't eve matter what the outcome is, it's just that there is an outcome. The market likes confirmations. Reliase this is all MMGB for you but might help others or yourself in the future.
Amryt Pharma buyout announced over the weekend (100% premium to current share price).
https://www.independent.ie/business/irish/dublin-rare-disease-treatment-specialist-amryt-in-14bn-sale-42271042.html
I have little doubt that Poolbeg Pharma buyout is not far behind. Don't gamble with money you can't afford to lose and always DYOR!
WYNN Up 12% since my post (in a falling market)
goog at 17.5 p/e and high net income is currently attractive among top companies .. if income stays up and share price falls a bit more could be well worth a buy
I think the low. Painful. I panic sold the first day Xi was re-elected. Wish I didn't have access. It was pure panic mode as I was reading reddit and the talk of taiwan invasion was all over the place.
What price did you sell off at?
Still makes me sick, thinking about it. :( Hard to get over it.
I see alibaba now at 105 from a 12 month low of 58. Just goes to show, more money to be made at the bottom of the dips.
Back to March 2020 levels. You expect this to run or further drops? Wouldn't mind adding to my holdings at some point.
Amazon shaking things up a bit today. Could be a turning point for this turd of a stock...
I suppose my point is, is it completely oversold...like it's a massive drop..as buffet himself said when others are fearfull that's the time to buy.I dont know, its a write-off regardless,I'll probly just leave it alone and like my bank of Ireland shares it might come good in 5 years
I can never understand why people sink money into a share to lower bep, especially when the share looks a turd. You can just end up with a bigger headache.
As said above, there must be better opportunities?
Do you consider it to be the absolute best possible place you could put that money right now? Doesn't sound like it tbh. They might never get back to the highs, there was a massive amount of hype around them and the other plantburger company that launched at the same time a while back likely never to be repeated, more likely they'll be sold off to Amazons Wholefoods or Walmart or someone else for around todays price, look at the fridge next time in Tesco or wherever you shop, all their first mover advantage is gone, competitors everywhere now.
Would it be madness to lower my bep at least ? It's around the 50 mark..I cant find much info about it that points to bankruptcy
I'd hold. I expect they'll be around in 5 years and the plant trend is only going to continue to build momentum
Beyond meat are down 90%.any hope for them I double down or write it off?
I'm going to take a small punt on Teladoc health at the current price. I'm hoping someone will target them for a takeover.
I think end of Q1 2023 will be a good time to buy. No analysis, just a gut feeling that there is some more pain to come.
I think many will look back on the current period as a missed opportunity to get into quality stocks at low prices - Google, Amazon, Apple are all well priced for lots of upside.
For the record I don't own any Tesla stock. How did you come up with the value of 120?
For the Value investor Tesla is a buy at anything under $120. Tesla have several distinct advantages over the other Car makers. They have zero advertising costs, their manufacturing processes take several hundred (yes hundred) steps less due to their casting technology. Basically they have figured out how to cast the chassis and shell of their cars, no other manufacturer has cracked this one. They own large amounts of intellectual property wrt charging and battery tech that other manufacturers must pay them for.
Problem many folks have with Tesla is they missed the boat and are searching for the next tesla amongst those other rubbish EV companies. Sorry Con padres but the boat has sailed, you are now looking at a different investment in Tesla.
Musk will turn twitter into a cash cow, companies like that need a strong leader (madman or not) he is that. His first week at twitter he asked staff the simple question "what have you achieved this week". That hits right to the bone of his ethic, and it is why he gave half the staff the road. I bet Meta would be a much leaner company too if they shed half f there 87,000 workforce!!
Tesla is essentially worth nothing, and that's not me being my usual Tesla scathing self, that is according to none other than Elon himself:
Now You can of course think to yourself that they will solve FSD, but so far I have been right for the last 5 years in believing they wont and never will.
I have seen data from that same person that suggests the FSD crash rate is getting worse, perticularly when compared to other players. So personally I wouldn't touch Tesla with two barge poles tied together.
Musk suffers from delusional over estimation of his own skill set and intelligence with a matching under-estimation of everyone else's. It's his aspie blindspot. He's demonstrated this once again with Twitter.
Tesla being a profitable company was originally predicated on the cars being made entirely by robots with a relatively minuscule wage bill, because robots are smart and people are dumb and can easily be replaced. Didn't happen, so the anticipated chief driver of profit proved a mirage.
Then Elon changed the story to FSD robo taxi's. Again he aimed for cheap thinking expensive LIDARS would be unnecessary and that he could strong arm software engineers into replicating the human ability to identify and categorise and know about everything they see instantly, and that cheap and woeful 1080p cameras would be sufficient. This hasn't happened and I don't believe it's possible because It's my belief that the full range of driving tasks a human deals with requires general intelligence, something which might well require self-awareness, and that may not be something we will ever manage.
So hede Elon's own words and beware.
Got an email from degiro today that informed me of the sale of all my shares of Brookfield Renewable Partners LP...
Complete news to me!
Anyone either in a similar situation, or better still, have a clue what might be going on!!
It’s extremely difficult to say as the stock always traded on wild exuberance, perhaps it’s now shifting to conventional valuation metrics?, if so , could still be another 50% to go, if it goes through $100, $70 is next
It may be that tomorrow!
It's now $106 in after hours trading.