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  • Registered Users, Registered Users 2 Posts: 1,262 ✭✭✭techman1


    Probably because CRH would be a heavy energy consumer, making cement is highly energy intensive and the closure of strait of hormuz would affect it alot more than others.



  • Registered Users, Registered Users 2 Posts: 18,542 ✭✭✭✭Thargor


    Anybody going for the SpaceX ipo? Wouldnt trust it as far as I could throw a Starship tbh.

    I have a fairly heavy position in google and they own a big chunk of it so that will do me.



  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,661 CMod ✭✭✭✭Nody


    Why would you not want a company losing $4 billion in the last quarter that's failed to make profit with a PE of 100 and a plan that's very vague but claims it will need 3x the money of the IPO in the next two years run by a man known to only be focusing on what's in it for him? The sad news is that it will be forced on all of us by inclusion in the S&P500 and hence picked up by index funds etc. and I'd expect it to sink like a lead ballon in the years to come (and don't be surprised if it buys Tesla at inflated prices down the line in classic Musk style; they already bought 18% of all Cybertrucks last year for unspecified reasons).



  • Registered Users, Registered Users 2 Posts: 6,151 ✭✭✭daheff


    yes. i took a risk. I figure the reward is huge IF it comes off. But I'm under no illusions that this is a zero or hero trade.



  • Registered Users, Registered Users 2 Posts: 6,151 ✭✭✭daheff


    100%. This stock will boom for a short while, but on or around the 90 day mark when insiders can get out, expect this to start tanking, and bring the market down with it.



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  • Registered Users, Registered Users 2 Posts: 1,075 ✭✭✭1123heavy


    GD now showing as .1089. I really hope I am wrong. I have thought long and hard about taking the plunge but with what seems like lack of a legitimate business I am having a hard time. It appears to be a Chinese or Hong Kong based scam.

    Speaking of the Chinese .. what do people think of Futu? I am seeking a dip to buy and feeling risky. They have received a huge fine from the Chinese government which caused their stock price to evaporate last Friday. There seemed to be signs of an initial leveling out, but im debating whether it is merely the effect of panic buyers and whether it will drop further.



  • Registered Users, Registered Users 2 Posts: 1,075 ✭✭✭1123heavy


    I threw a few k at TIGR betting on a spike post Chinese regulator fine .. immediately down 1% 🫠

    RYAAR keeping me sane



  • Registered Users, Registered Users 2 Posts: 6,151 ✭✭✭daheff


    yup. its dodgy as hell. in premarket yesterday it hit 0.2043 only to be beaten down on the open. Seems like theres some stuff happening in the background.

    Also short interest report/FTDs etc to early May is announced after market today. That should give some indications on whether there excessive shares in issue/shorts taken.

    Lastly there was a filing by an investor very recently showing they bought 5% of the published 60m shares. Float is starting to get locked up too.

    Again all this can mean nothing if the stock delists.



  • Registered Users, Registered Users 2 Posts: 4,978 ✭✭✭Roberto_gas


    Whats everyone's view on SOFI ?



  • Registered Users, Registered Users 2 Posts: 1,075 ✭✭✭1123heavy


    I am afraid I dont know enough

    I bought into VRRM today. I think the market is overreacting to them losing a contract with AVIS. They are down 71% on the week. They still have plenty of work with governments and do lots of other work so I have faith it comes right.



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  • Registered Users, Registered Users 2 Posts: 5,177 ✭✭✭Bacchus




  • Registered Users, Registered Users 2, Paid Member Posts: 19,813 ✭✭✭✭Mantis Toboggan


    True, rebounded well already, up 12% so far this week.

    Free Palestine 🇵🇸



  • Registered Users, Registered Users 2 Posts: 1,075 ✭✭✭1123heavy


    I personally try my best to steer clear of a lot of these stocks due personal reasons. I have huge issues with Dell's contracts with the Israeli military intelligence units. IBM, Microsoft .. they're all in it and try keep my money out of it.

    I see Palantir are up today 🙄



  • Registered Users, Registered Users 2 Posts: 1,291 ✭✭✭bcklschaps


    Well it will need to be sort of profitable to be included in the S&P 500 Index.

    Check out the conditions for inclusion. (sorry I can't post a link)



  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,661 CMod ✭✭✭✭Nody


    It should also only be included based on the free float (which is about 3% of it's valuation) and it's got an exception for that as well; which is why it will end up being the 6th largest weight in the S&P500 index and only so happens to go in directly right before it's rebalanced and included directly (instead of waiting 12 months). So yea; exceptions are made for this "great oppertunity to make sure people don't miss out" from the normal rules including profitability (has to show a profit for 4 quarters, they dont), waiting for inclusion (12 months, waived) and weight in the index based on freefloat because it would not meet any of them.

    Post edited by Nody on


  • Registered Users, Registered Users 2 Posts: 18,542 ✭✭✭✭Thargor


    Are you thinking of getting out beforehand? Im sure other ETFs will pop up between now and then that exclude it.



  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,661 CMod ✭✭✭✭Nody


    No for the simple reason I've got global funds (multiple locations) that will buy in to it as well (not confirmed but I'm expecting it); I'll bite the bullet to let it all roll on because that part of my portfolio it is suppose to be passive for good or bad (I've got an active investment portfolio that I manage but my monthly funds are intended to be my passive hedge against myself).



  • Registered Users, Registered Users 2 Posts: 18,542 ✭✭✭✭Thargor


    Holy crap NBIS still flying, anybody still in?



  • Registered Users, Registered Users 2 Posts: 610 ✭✭✭1373


    I'm in nbis a year and a half. Bought in the 20s , 30s ,40s, . Bought because of the founders experience. He was responsible for the Russian equivalent of Google . The might become huge



  • Registered Users, Registered Users 2 Posts: 7,974 ✭✭✭amacca


    I think retail investors might find themselves bagholders on day 1 tbh....they are being invited in to bail out the PE guys.....



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  • Registered Users, Registered Users 2 Posts: 18,542 ✭✭✭✭Thargor


    And that Leopold guy who was the original AI billionaire that predicted this boom has made it 40% of his portfolio in recent days.



  • Registered Users, Registered Users 2 Posts: 4,978 ✭✭✭Roberto_gas


    Thanks to someone who said easyjet few weeks back….easy 20% profit



  • Registered Users, Registered Users 2 Posts: 5,177 ✭✭✭Bacchus


    Anyone looking at companies that are in the space for solving the water cooling/infra challenge for datacenters. A lot of focus to date (IMO) has been on chips, storage and power. Still hot areas but ones that have already seen massive (bubble looking) gains. What I see consistently said/reported on new datacenters (particularly in the US) is the impact on water.

    Naively starting to look at the following…. NVT (pivoting to water cooling), MOD (building growth in datacenter market, again water cooling, high valuation already though), XYL (probably a broader water play, going through a bit of a pull back with questions over organic growth), ECL (acquired CoolIT which could pay off big for them in water cooling).



  • Registered Users, Registered Users 2 Posts: 4,529 ✭✭✭littlevillage


    Take-Two Interactive ($TTWO) will take off at some stage when the hype starts to build before the release of GTA VI which is pencilled in for November. They will be starting a promotional blitz during the summer.

    The SP has actually been dropping over the last two market days....soo picked up a few myself.

    Piper Sandler analysts today set a price target of $280 (SP closed this evening at $222.38)



  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,661 CMod ✭✭✭✭Nody


    I simply can't buy game stock because I've been seeing so many game companies (going back to the 90s, I'm old :( ) go to such great highs only to crash down and burn with in a decade or less due to poor decisions (and I'm a buy and hold for life as investment style). Recent example everyone know is Blizzard but there have been plenty more… Closest I've probably considered was CD Project Red but never bit the bullet in the end.

    Post edited by Nody on


  • Registered Users, Registered Users 2 Posts: 4,978 ✭✭✭Roberto_gas


    MSFT did well…META still sitting thr doing nothing



  • Registered Users, Registered Users 2 Posts: 547 ✭✭✭notsocutehoor


    Today could be the day to buy AVGO



  • Registered Users, Registered Users 2 Posts: 5,177 ✭✭✭Bacchus


    That seems like a heavy pre-market drop. Is it just a market overreaction or are there real red-flags there?

    Forward P/E of 25.62 on finvis (before this drop kicks in).



  • Registered Users, Registered Users 2 Posts: 354 ✭✭byrne249


    A ticker I own, I'll bite. Bought at 15 something, as long as revenue and income keeps increasing and user base appears to be growing i'll hang on. It's hard to know if these app banks are going to truly take a chunk out of tradfi but if they do it will be worth tagging along is my view



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  • Registered Users, Registered Users 2 Posts: 3,201 ✭✭✭crushproof


    The markets must have sensed I built up a promising small portfolio of smaller AI linked firms over the course of the week. Of course a massive drop this afternoon.



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