Stock Picks - Darlings and Dogs

How successful have you been in trading your own equities, etfs and funds ?

  • Extremely successful (make a living off my takings)

    Votes: 8 2.7%

  • Beating passive investment returns

    Votes: 133 44.2%

  • About par with normal returns from banks and money markets

    Votes: 52 17.3%

  • Lost a few pennies of spare cash to play with

    Votes: 34 11.3%

  • Should have rather left my money in the bank

    Votes: 27 9.0%

  • Took a knock

    Votes: 23 7.6%

  • Cremated

    Votes: 24 8.0%
  • Total voters
    301
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saturnz

Honorary Master
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zerocool2009 said:
What in heavens name is happening with international funds?

Dropping like bricks

Look at s&p500
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yeah my portfolio is shooting at the moment- the dirty phrase you are looking for is concerns over the effects of inflation

fun times
 
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saturnz

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Messages
19,666
inflation the focus as the market now looks to CPI numbers coming out later today

I expect a massive sell off if the numbers are higher than expectations
 
Tim_vb

Tim_vb

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Messages
1,385
Carlo Dossiand Michael Burry (before he vanished) are both good sources that predicted months ago many of the troubles that are now hitting Tesla and Ark now.
 
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saturnz

Honorary Master
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Messages
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Tim_vb said:
Carlo Dossiand Michael Burry (before he vanished) are both good sources that predicted months ago many of the troubles that are now hitting Tesla and Ark now.
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with a (forward) PE of well over 1000 it was pretty obvious Tesla was risky, and things didn't get better when they unilaterally decided to become an asset management company as well
 
Ishould_BeWorking

Ishould_BeWorking

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Joined
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Messages
457
saturnz said:
yeah no the markets don't care

they used to care in the 90s, but its so common they just move on with life, there is no substantive impact

for example the recent movement in oil is mostly due to a hack in the US
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Oil issue in US, this fighting, inflation talk, wonder if the conditions are right for a bit of a pop
 
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saturnz

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Tim_vb said:
it was interesting to see Tesla down 6,6% pre market then only close down 1.88% yesterday, similar with ARKK. Something big is happening under the surface
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its why I am so hesitant to touch it, it could easily go to $2000 before dropping to $100
 
Tim_vb

Tim_vb

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Nov 7, 2008
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saturnz said:
its why I am so hesitant to touch it, it could easily go to $2000 before dropping to $100
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Extremely unlikely, $2 000 would give them a market cap of around $1,6T Similar to Amazon earning 12,6B when Tesla barely scrapes in earning $1,9B by selling bitcoin offset subsidies etc. The bigger the market cap the less likely it is to double market cap in a year.

I think Tesla hit the ceiling when they bought Bitcoin a while ago and now its just a question of the steepness of the fall
 
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saturnz

Honorary Master
Joined
May 3, 2005
Messages
19,666
Tim_vb said:
Extremely unlikely, $2 000 would give them a market cap of around $1,6T Similar to Amazon earning 12,6B when Tesla barely scrapes in earning $1,9B by selling bitcoin offset subsidies etc. The bigger the market cap the less likely it is to double market cap in a year.

I think Tesla hit the ceiling when they bought Bitcoin a while ago and now its just a question of the steepness of the fall
Click to expand...

the point I was trying to convey is that Tesla's price is not a function of orthodox fundamentals, its all a meme
 
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