What a colossal spending blunder…imagine if Zuckerberg pivoted to AI instead of metaverse….stock would probably be over $1K just based on hype alone.
OT: Stock and Investment Thread
- Thread starter RU05
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I can’t get the software companies right and always seem to get crushed on a terrible quarter, take a loss, then look 12 months later and stock is flying high. I suspect it’s largely due to enterprise sales cycles which are all over the place these days, not to mention companies playing games with recognizing revenue in certain quarters and delaying or accelerating contracts to help the books.
on that note, anyone check out CXM?
Whether technically metaverse or not, Roblox is essentially a gaming system for kids.
I’ve been adding all along the way. It’s sneaky a big position for me. Average cost around $11. I should probably trim but have wanted to wait to the next roll out all along
Hmm, not sure about this.
Netflix to buy Warner Bros. film and streaming assets in $72 billion deal
Netflix to buy Warner Bros. film and streaming assets in $72 billion deal
Are you still in on S? The chart has been crap for the past few years, but maybe a turnaround is coming soon (or maybe a candidate for consolidation).
SentinelOne — Cybersecurity provider SentinelOne saw its shares fall about 9% after saying its fourth-quarter revenue would be $271 million, below analysts’ expectations of $273 million, LSEG data shows. The company forecasted full-year revenue of $1 billion, matching estimates. SentinelOne’s third-quarter results beat consensus estimates.
These cybersecurity stocks have not performed well other than a select few, which is odd in an era of data/AI. Guessing a lot of the money that usually flows into cyber was going to AI companies instead. I recently sold my BUG ETF after getting impatient and watching it nose-dive. However CRWD is still a large long term position for me.
I sat on WBD shares for probably close to two years convinced Apple or Netflix would buy them. Finally took a fat tax harvesting loss last December. Timing is everything. Speaking of which this could be a good time to buy more NFLX unless the regulators get involved.
I'm in CRWD and PANW (both long-holds), but would be happy to take a flyer on a 3rd. I was eyeing CyberArk for a while.....until PANW scooped it up.
His PR teams deserves an award, I don’t understand how soon everyone forgot his crimes
What did he do?
Regardless, this MoFo has made a lot of people a lot of money (including me!).
Ya, took a huge dump on the earnings.
I dunno, 20% growth and 5x rev's seems like a great combo. But it just keeps dropping.
Good thing I had IOT popping to balance it out.
I mean…he lost a lot of people a lot of money, while helping the system win over the little guy. Literally the opposite of “robinhood.” Other than that he’s the bees kneesWhat did he do?
Regardless, this MoFo has made a lot of people a lot of money (including me!).
Oh that. Otherwise, he's pretty cool.
BTW, still not liking the price action of BTC.
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I’m no expert but charts seems to indicate BTC selling is tied to gold and precious metals buying. If in fact certain whales have been rotating out of BTC in favor of gold it would be the heist of the century, especially with where gold prices are. Or if gold is being driven by central banks it’s interesting that China, Russia, and India wouldn’t buy BTC instead.Oh that. Otherwise, he's pretty cool.
BTW, still not liking the price action of BTC.
Oh that. Otherwise, he's pretty cool.
BTW, still not liking the price action of BTC
I must say, I'm a PSU fan who has followed this thread over the years. You guys are awesome with the stock mentions. Please never let this thread die. Feel free to ban now due to the PSU fandom.
Ban this MFer!!!!! Just joking. Feel free to join in. It’s been an awesome thread since pandemic times! I’ve learned a lot over the years.
Central banks buying BTC? How about ETH? Maybe they should give Fartcoin a whirl for kicks!?
@T2Kplus20 , I had mentioned GPCR not too long ago as a pharma company that was close to an oral GLP-1 weight loss drug. Well its clinical trials have been positive. Today the price doubles to $68, had hit a high of $94 earlier. Now the price target is $120. gonna watch it closely today and probably take profits. My cost basis is under $30.
Wow, well done! That's the power of biotech/pharma. I have my fingers crossed on MIST. Already up 60-70% with approval pending later this week.
I do, but if the approval comes back negative, the stock will be instantly incinerated, so who knows what would happen!
Hmm, not sure about that. Maybe even-weight the Mag 7 but not underweight. These are the greatest companies in the history of mankind.