Ey girl I know you’re into biting bush atm but if you ever need the D plzzz hit me up 🙏 I got the plug 🔌
EDIT: shit should I have gone with “pipe laying permit”
SOXL currently trading 350% times above its 200 day moving average. The gains are good, but at this point holding it is Russian roulette with your port..
Edit: 8 worded that wrong and figured the math. 3.22 times/220% above
My comment had nothing to do with GTA.
Edit: it was in regards to profitable companies always paying off over time. It depends on your horizon, but there are tons of companies right now sitting close to 5 year lows despite churning annual profits.
Obviously NFA but don't let the round number psychology of your avg stop a winning trade. If you believe in it and want more upside then don't be scared to avg up. Just make sure you're okay with it. I usually do the math before I execute just to see what I'd have afterwards.
Edit:
Also you can sell in tax lots on RH to preserve your low avg shares. Found this out recently.
Market bers the type to laugh at Isaac Newton and tell him the apple has fallen off the tree so many times in a row he’s an idiot for not betting it will float away instead soon.
I *think* it will print. I was recently reading a thesis on how WDC is actually helping photonics too. So, both storage and photonics!
Edit: oh it's a weekly calls. Nvm, dunno what will happen this week lol
I am up over 49.55% on a $160 cost basis, so your math on underperforming is already cooked. Beyond that, using trailing P/E to value a publisher at the absolute nadir of a decade long development cycle proves you do not understand how the gaming sector works. Wall Street is not buying past GAAP losses, they are pricing in the $8.0 to $8.2 billion FY2027 forward bookings guidance from the upcoming GTA VI launch. If that massive multiyear cash flow was already fully priced in, the stock would not have just popped 5% on a simple pre-order date announcement. The market is consistently bad at modeling non-linear, explosive growth, and a $45B market cap for a portfolio that owns GTA, Red Dead, NBA 2K, and Zynga is a discount compared to recent industry M&A.
Edit: percentage amount.
I dont think the retards in this sub understand that Rockstar is going to demolish their own record of having the single largest entertainment release in history (biggest day 1 release ever was GTA5, shattered every movie release record). If you fucking dipsticks really think smart money is just gonna sit this one out, I CANNOT wait for you all to learn the hard way.
Edit: Rockstar has the two largest title releases in entertainment history, GTA5 and RDR2. The stock did not go bananas, sure you can make profit, you're not taking a rocket to the moon tho, more than likely stupid apes get IV crushed to smitherines.
The bubble must pop.
I am a semi ber, have large cache positions plus large amount of bonds plus stock.
But yeah, once market realizes AI is real but not as profitable, once these companies (openai, spacex) blow up and the data enter builds crash, the stock market will tank with a good 30%. Then I will come in with the rest of my cash and will sell the bonds.
Edit: large in the scope of wsb is not not large actually.
Yes, and Exxon Mobil Corp much better ESG score, because they are one of the cleanest businesses on Earth ... or maybe, just maybe, ESG scores are total hogwash?
Edit: Emissions from rockets are negligible in comparison, btw: https://www.youtube.com/watch?v=C4VHfmiwuv4
Please don't value money that high to the point you want to end your life over it. Like you said you have QQQ and Spy and that's enough.. TIME is the greatest value in this existence. You have that so be happy.
Edit: you also sold too soon I don't think you could decide between swing trading on a short time scale or investing long term. I've had the same problem and am also down overall, I sold my cyber ETF in April right at the bottom, after not selling it when it was 20% up for the year in Feb. It reversed almost immediately after I sold it, I am yet to make it back.
I'm in my first year with 66% so I'm on my way to outpace him.
Surely I can beat his second year of -53%
Edit: 170B is 170 bucks? I started with double that, so there is starting advantage too.
Long term Investing is like planting a seed. The thing is you have to have the patience to let the darn thing grow into a tree… and you may not see anything break ground for a while.
You seem to have a knack for picking good companies; that’s good seed. I hope you set yourself up for future success by practicing some patience.