There are 36 comments on this blog. |
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FOMO much, don't worry Powell will put a damper on everything tomorrow at Jackson Hole 💹💸
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Dammit!
Knowing that GG is always wrong, should've been looking for this post at the top and sold my boatload at $500.
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P/E ratio 109.91 lol
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Wrong measurement to use, in this case.
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lol educate me. What should I be looking at besides P/E ratio?
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i have NEVER looked at P/E when buying a stock
by example, I bought apple in 1999
sold when the dude died, should have kept it but oh well - had a great run.
I bought Nvidia when it was around $40 per share
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The 25 best performing stocks between 1995 and 2005 had an average PE ratio of 33x.
This is VERY typical of high performance stocks............to have high P/E ratios at the start of a run
Take a look back at NVDA..........
April 2020 PE 55x
July 2020 PE 78x
Oct 2020 PE 82x
NVDA went from 70 to 335 from April 2020 to Dec 2021 or almost a 5 bagger
Jan 31 2023 PE 112x
NVDA went from $195 to $500 and now has a lower PE ratio than it did before the start of that run..........2 1/2 bagger
P/E ratio is a faulty measurement to use with high octane stocks
But, good luck to you with your plan.
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Shitcan probably still watches Cramer lol
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@GoBallsDeep,
I can't argue with that. But how can you tell a stock is " high octane"?
I assume TSLA is(was?) one of those stocks.
I'm very risk-averse, so I usually just stay away from anything that has alot of hype around it with a high P/E ratio like NVDA. In my opinion NVDA is riding the AI hype.
@Tom
lol Cramer
No joke, but there's an Inverse Cramer ETF that's been doing pretty well recently
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Tom reads the “tea leaves” in the bathroom of the gay bar where he just got gang banged, to see if the I'm stains dripping from his holes will tell the future.
Here’s your tip for the day, Tom. Invest in anal lube companies, you spend so much on it yourself, might as well make some money back.
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Back on topic: yikes, the Fed is not being gentle about rates.
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Here boy. Sit boy. That's a good boy Shitcan.
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You know your command well.
Who is dirty bitch? Huh? Who?
Tom is a bitch.
Roll over.
Offer your ass and mouth to homeless trannies.
Bitch.
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So are you actually trying to use my dog analogy against me in the same blog lol? And fucking it up and turning it into unintelligible nonsense? No wonder you like Joe Biden so much. He’s your soulmate.
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^ You two get a room and figure out who the Alpha is, k?
"I'm very risk-averse"
Psychology first, investment process second.
In other words, you could lay out a great CANSLIM plan but if you're psychologically unable to pull the trigger.......it's worthless.
Only you can answer that question but psych is more important than process.
If you want process, read "How to make money in stocks" William O'Neill 4th Edition
Also, Investors.com
P/E is almost completely ignored except in measuring the move from B/O to "possible" peak.
This is an "active" process, so you have to be willing to take small losses to get the big wins.
Good luck
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Fucking with Gloom guy's head is just a side benefit
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P/E might mean more if you are a technical short term trader.
to me a stock has a price, the price is the equilibrium of buys and sells
i love it when "investors" are talking about a specific stock which has perhaps gone down in value, some will say it now it is cheap and they are wondering if now is the right time to buy it due to the "cheap" price - i giggle slightly.
i mostly look for growth stocks, my most recent buy is a pharmaceutical company, one of the largest insulin producers in the world, called NOVO Nordic - not long ago their new drug came on the US market, its a diet drug and it works extremely well and has very few side effects.
orders are flying out the door...
yes the stock is expensive but there is still a huge upside.
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btw - wanted to ask for recommendations.
i have TD ameritrade, not for long as Charles S has bought them..
anyone have experience with SOFI or Robinhood?
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TOS guy here
Don't know Robinhood but same coder as TOS guy, I think
Interactive is good, I hear
Go rid of Tradestation not long ago
If you're a mechanical quant, it's good but didn't really work for me
Yeah, I know TOS is getting picked up by Schwab....but won't affect what I do
BTW, imho.......P/E is not a short term trader thing, more a value measure altho I prefer PEG ratio.
Problem with P/E is you think you're buying value at 6 right before it goes to 3 or maybe zero.....like First Republic.
Anyway, hope that helps, bon chance
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I would rather rip my head off than say this but yes p/e is not a short term consideration and yes PEG is a better index. Goebbels is not mistaken for the first time in her life. That was not a typo.
Warren Buffet bought $1 billion dollars shares in Coca Cola in 1988 largely because of its flabby P/E ratio but also for other big picture reasons, like PEG, brand recognition, distribution infrastructure, and, it should be noted, ethical investing. His investment has generated hundreds of billions of dollars since then. It is the crown jewel of Berkshire.
The lesson is do not ignore P/E or any other index. They are all tools in the toolbox and you never know which one you will need for diagramming the big picture.
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^ @ Hey0 trying to sound "all smart and shit"
Actually, you're WRONG............again!
Is there a prize for someone who's literally wrong every time they post?
In BRK.B.........
AAPL has the greatest nominal dollar return and is the largest holding (50%)
Geico has the greatest return from an acquisition
Moody's has the greatest % gain from any current holding
KO is in the top 5 holdings but even considering dividends, BRK.B has NOT made hundreds of billions of dollars on this holding as the entire position is only about $24 billion currently (about 7% of the portfolio). In 35 years, his position has made about $10 billion in dividends plus the appreciation of about $23 billion.........total of $34 billion.
Arguably, the greatest financial shenanigans Buffett made was to structure BRK.B as an insurance holding company so he pays little taxes on his returns and uses the funding of the policies to do his investing with..........where are the Progs when Mr. B doesn't pay any taxes????
This hypocritical asshole has the ballz to preach how he pays less taxes than his secretary, so let's up the rates on rich people! Well Fuck You Warren.........whenever you like, you can send in mo' money biatch! NO WAY, he's leaving it all to charity so he doesn't pay any taxes there either.......and this asshole is a Democrat!!!
Say something Hey0! Shouldn't you be castigating this POS hypocrite?
Anyway, just STOP Hey0, you sound less somewhat less stupid posting some lame dig at me than trying to sound "all smart and shit"
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By the way, Buffett has NO shitz to give about "ethical investing"........obviously, lol
His fifth largest position is Chevron and here's what he had to say about that
"Chevron is not an evil company in the least and I have no compunction about owning Chevron," Buffett said at Berkshire Hathaway's 2021 shareholders meeting when asked about Chevron's role in climate change."
Oxy is in his Top Ten positions also...........
Hey0 managed to be wrong multiple times in just one post.
Congrats, sexy!
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Balls is right, Gloom guy has a habit of posting investment "advice" that is garbage.
Although,it's amusing to see him try to position himself as savvy.
Next up from Gloom Guy is he's going to tell us about his wonderful partial ownership interest in a certain bridge in Brooklyn.
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I don’t post advice. I am not dumb enough to be a “source” for investment counseling.
I would be making a lot more money if I was, and I am go est enough to know I need a lot more education and experience with stocks.
I am just pointing out trends that may make money for others that I know I missed out on because I was not educated enough and prepared to move on important information.
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awhile ago I told a guy to invest what he could in NVDIA and made him $35k+ and he didn't break me off anything.
......smh....
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awhile ago I told a guy to invest what he could in NVDIA and made him 35k+ and he didn't break me off anything.
......smh....
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sherkahn I totally feel your pain
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I been swimming in Nvidia sine covid. No Brainer! Selling in January .
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nothing is better than getting a phone call from the SO on my way to Vegas
ring ring : hi hon enjoying your drive to vegas yet?
me : yes ! whats up
SO : just wanna let you know I unloaded all our Microsoft stocks
me : inside "f*ck f*ck noooo" poker face now - ok no prob did we made a killing
SO : Yes !!
me : ok please do not touch NVIDIA !!! "f*ck pls do not or am turning around !!"
whew in short we still have it !! lol
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"I am just pointing out trends that may make money for others that I know I missed out on"
GG is almost a perfect reverse barometer.
You know an investment has peaked when he posts about it.
So, actually, in his own way.........he's an idiot savant.
Thanks GG!
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Today in gloom: GoBalls is still breathing, and the world is still not a better place because of it.
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^fag
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Yes, Alter, we know that you are that cum receptacle at the gay bars where all the old, fat, ugly homos go to get a mercy “suck off”.
Now go wipe your face, Alter. you have dried cum on it and it’s leaving another rash.
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Back on topic.
NVidia performed well, but it tanked over the weekend, but as of 45 minutes ago PhilipCapitol upgraded the status of the company and stocks are going up.
“Nvidia rises as PhilipCapital upgrades, citing 'market monopoly'”
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Shitcan stop peacocking we all know you have your money on boomer stocks
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so you are staying with Schwab?
I guess they purchased TD long ago and is just taking their time to onboard everyone.
says they will keep the platform very similar to the current TD platform.
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There are 36 comments on this blog. |