Maybe I am in over my head now

I understand I look like a complete nincompoop right now - but this thing just traded below 4.5x fy3 revs. It’s barely even shorted, and it’s not even owned on Wall-St yet. This price action seems to be very market correlated and it’s obviously the rest of Middle America who’s throwing in the towel. I just simply want to keep buying the thing.

The new job is sick btw. Paychecks are mwah.

im with you. just bought some nflx. lol im ok with it at 30x earnings. they pretty much can stop the bleed imo. if they stop the content production. they’ll mitn solid cash. they are spending a lot. lol

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I’m having fun though.

Ay mijo!!! :man_facepalming:

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SSO hit 57 today.

Nice rally PLTR. Hope u picked some up in the 11s

rofl. waht i;ve come to notice is when volume is super high and the stock is super down. there is always a major player heavily buying when i find it interesting. i usually have to wait for them declare in 13-f’s though.
https://www.institutionalinvestor.com/article/b1whzm5lyyjcq4/Inside-Bill-Ackman-s-Big-Netflix-Buy

ahh fack me boys. i bought pypl at 133. i couldnt help it. 57m volume. 25% down. the company is too young. but every now and then. you gotta speculate amirite.

Rest in piece :frowning:

High quality tech stocks that have been crushed over the past few months are the play now

Eh, I’d love to see Facebook go total chapter 11.

And I’d hate to call pltr quality.

I don’t know if PLTR is high quality. I don’t know whether Paypal is. But the high quality names that have gotten crushed are the ones to go in on. TXG and GH look good to me.

Quality to me means good earnings growth and other various profitability measures. Which definitely is not synonymous with Palantir. They are growing revenues quite rapidly, but at a great cost.

I do think the stock price has been overly abused. Why is it unacceptable for a co that can do 4 billy a year to have a 40 billion valuation? At least thats where I see the disconnect coming full circle in the coming years.

No real opinion on those other names though.

i remember when aapl traded at 10x in 2016. since then its up 600%+ and currently at 30x. lol

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How’s everyone doing? PLTR treading water but at least the bleeding stopped. PYPL went down the effin toilet.

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PLTR is a meme stock. Why does everyone here want to be a meme lord?

I’m pretty sure wall street bets hates PLTR - it’s a long term play, and I don’t know when the day will come, but there’s enough qualified investors IMO that actually are buying this thing (PLTR OWNS {GO}). Someday that should be a $100 bln company. I hear you on the silliness of being a ‘meme lord’. Reddit is a cesspool of virgins, but don’t ever forget that it’s possible to outperform professional money managers simply by googling “hot dividend stocks to buy”.

Finance is an art as much of a science IMO. I get it’s cool to mock someone online for broadcasting a -50% stock this much, but at least i’m not buying cumrocket, doing cocaine every day, or telling investors that they should join my discord/IG to get HOT stock tips.

I’m just a dude buying a stock man.

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■■■■ yeah, cumrocket

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