Project 1999

Go Back   Project 1999 > General Community > Off Topic

Closed Thread
 
Thread Tools Display Modes
  #391  
Old 05-14-2021, 10:09 PM
Gwaihir Gwaihir is offline
Banned


Join Date: Mar 2020
Location: SJ
Posts: 2,181
Default

Tsla should be safe to go back into now. Tech is gonna push a new ath by July 4th, which TSLA will be caught up in. If you're looking for a ETF with exposure to TSLA among other things doing well within the same industry go with LIT over DRIV. NIO is going to be a dog lagging the DRIV ETF
Last edited by Gwaihir; 05-14-2021 at 10:16 PM..
  #392  
Old 05-17-2021, 08:34 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 16,899
Default

  #393  
Old 05-17-2021, 08:55 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

TSLA is hit or miss long term, if they get their autonomous driving tech figured out before everyone else, it’s going up. If not, that valuation is dropping to 1/3-1/2 of where it is now

Who knows, my crystal ball isn’t working
__________________
God Bless Texas
Free Iran
  #394  
Old 05-17-2021, 08:56 PM
Gwaihir Gwaihir is offline
Banned


Join Date: Mar 2020
Location: SJ
Posts: 2,181
Default

Quote:
Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
TSLA is hit or miss long term, if they get their autonomous driving tech figured out before everyone else, it’s going up. If not, that valuation is dropping to 1/3-1/2 of where it is now

Who knows, my crystal ball isn’t working
Yeah, and I believe Nvidia is technically producing superior software, but the "slide" it has experienced over the past 6 weeks should be over for the short term (6week) horizon. Personally, I wont touch it because I don't want to own it for longer due to the same reasons you've expressed.

You see WPM continuing it's climb?. I can't believe they're still offering double your money on a 35/45 bullish spread 18 months out. It closed at 47.50 today.

Anyhow, LIT over DRIV, and WPM over Glencore, although Glencore is not a bad investment right now either. Vale is another ticker worth a look. Considerably better dividend on it compared to other miners.
Last edited by Gwaihir; 05-17-2021 at 09:04 PM..
  #395  
Old 05-17-2021, 09:26 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Quote:
Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]
Yeah, and I believe Nvidia is technically producing superior software, but the "slide" it has experienced over the past 6 weeks should be over for the short term (6week) horizon. Personally, I wont touch it because I don't want to own it for longer due to the same reasons you've expressed.

You see WPM continuing it's climb?. I can't believe they're still offering double your money on a 35/45 bullish spread 18 months out. It closed at 47.50 today.

Anyhow, LIT over DRIV, and WPM over Glencore, although Glencore is not a bad investment right now either. Vale is another ticker worth a look. Considerably better dividend on it compared to other miners.
I sadly still do not understand options well enough for them to be profitable in my portfolio.

As for tech, I am re-upping AMD if it gets to $70. I’ve had tons of shares of them and nvidia for a while (and Intel and AMAT), but I think AMD is the most undervalued. But I don’t know shit about the market and where they come up with these valuations. Do you think AAPL is going to go higher ? Long term I know it will, but by how much?
__________________
God Bless Texas
Free Iran
  #396  
Old 05-17-2021, 09:50 PM
Gwaihir Gwaihir is offline
Banned


Join Date: Mar 2020
Location: SJ
Posts: 2,181
Default

AAPL: up 65% over the past year: earnings per share: down 65% over the past year. Meme stock alert. In July, after tech rebounds over the next 6 weeks, apple will release their quarterly report with more shitty news, but they'll say something promising about their shitty services sector and the dumbasses will eat it up. It's kind of a shame really. Small cap tech companies got killed by more than 20% over the past 6 weeks. Apple lost 7%.
Last edited by Gwaihir; 05-17-2021 at 09:53 PM..
  #397  
Old 05-18-2021, 06:11 AM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Quote:
Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]
AAPL: up 65% over the past year: earnings per share: down 65% over the past year. Meme stock alert. In July, after tech rebounds over the next 6 weeks, apple will release their quarterly report with more shitty news, but they'll say something promising about their shitty services sector and the dumbasses will eat it up. It's kind of a shame really. Small cap tech companies got killed by more than 20% over the past 6 weeks. Apple lost 7%.
I sold AAPL at $135 so I agree, but it is tempting to buy them now because I think they’ll go to $145 temporarily before dropping again

I definitely think you’re right that these valuations are insane. I’m also following LYB
__________________
God Bless Texas
Free Iran
  #398  
Old 05-18-2021, 10:41 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Someone explain what’s happening to the market for me

Also someone explain why it isn’t the case that we’re allowing inflation to minimize the effect of the national debt, and how running deficits wouldn’t inevitably lead to this. I’ve often wondered why people continued to say “we can just print money and it doesn’t matter.” It obviously does, but someone smarter than me please explain it
__________________
God Bless Texas
Free Iran
  #399  
Old 05-18-2021, 10:47 PM
Baler Baler is offline
Planar Protector

Baler's Avatar

Join Date: Mar 2014
Posts: 9,522
Default

Quote:
Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
Someone explain what’s happening to the market for me
money printer go brrrrr
Foreign oil go brrrrr
__________________
  #400  
Old 05-18-2021, 10:53 PM
Botten Botten is offline
Planar Protector

Botten's Avatar

Join Date: Jul 2011
Posts: 2,934
Default

Quote:
Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
Someone explain what’s happening to the market for me

Also someone explain why it isn’t the case that we’re allowing inflation to minimize the effect of the national debt, and how running deficits wouldn’t inevitably lead to this. I’ve often wondered why people continued to say “we can just print money and it doesn’t matter.” It obviously does, but someone smarter than me please explain it
https://www.youtube.com/watch?v=yq_E3HquRJY

It is hyped when one party isn't in power. And that party likes to explode the debt when they are in power.
Last edited by Botten; 05-18-2021 at 11:03 PM..
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 09:01 AM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.