Share Picks 2021 - Thread banned users post #1

Ya, it's crazy. I think a lot of it has to do with access to online brokerages like DeGiro, Robinhood etc. Ordinary people are looking at Tesla and see a 'Good' company but don't know how to put a value on a stock price. So much of it's pricing is based on huge future growth and that's almost impossible to estimate. It's not like the other car companies are going to just walk away.

As Buffett keep saying about investing 'A bird in the hand is worth 2 in the bush'. I've always took this to mean that you should look at what a company is doing now or has done in the past, rather than what it may do in the future. Cathy Woods seems to be the polar opposite of this. She is big into huge potential growth stocks. I know who I'd like to put my money on.

I read this summary somewhere which puts the madness into perspective; "an order worth 10 billion by a company that was nearly bankrupt (Hertz) added 100 billion to Tesla's market cap".

Ouch, glad I reduced my Amazon position before close (although wish I reduced it more). Got scalded last earnings and wasn't going to let it happen again. I think it will recover somewhat tomorrow though.

Tesla's been at insane valuations forever, so wouldn't worry about that, that's the Berkshire thing youre talking about?

Straight from the horses mouth.

I placed a buy order last night ,having seen a tip for them on Motley Fool @ 19.06 (the then price) Unfortunately that train left without me.

I sold out the CHWY position yesterday at +20%. There is plenty of upside left in it IMO but, I rolled that cash over into a non equity play that has a short term upside for me

I think CHWY is at current prices a good long term hold and will develop into a strong value play in the long term. I plan on dipping back around the Dec earnings announcement.

Trying to decide between reopening an account with Saxo, or going with IBKR for gaining access to India. Anyone invested in Indian companies, particularly heavy industry, defence and tech with either platform? Opinions welcome

The higher stock prices go, the greater they will fall. Hard to see value anywhere in the stock market at the moment. Tesla now trading at about 400 times earnings. That's just insane.

The CHWY link with Cohen is purely coincidental for me. It's a stock I've traded in and out of a few times over the last few years. This last trade was of the back of a price at $62.50 that I'd expected to rise to $75 pre December earnings. It hit that rise 5weeks early and I had other plays that the capital and profit could be rolled into.

Now I am in on GME since Late Jan and have BEP of $122 but that's very much due to DFV, the various DD and research via all the many sub reddits rather than being an RC fan boy.

I do think his work with CHWY and their growth to control a significant market sector whilst offering incredible customer experience is something that if rolled over to GME? Could be a basis for value growth.

Also have been in and out of LRC for quite a while, even before any GME link was rumoured. My take on the potential? Is that if it can eliminate gas fees? It allows a means of assigning and very importantly IMO transferring ownership of digital assets. With regards to gaming, could this be the layer that moves gamers from licensees, to owners of their digital games? Allowing digital only games to be sold P2P and allowing a cut to go back to the publishers on a per transaction basis too. It could offer a grail of 2nd hand digital gaming amongst a host of other gamer friendly uses such as Dynamic NFT and ticketing.

It could well be vapour ware, there may be no link between LRC and GME. I am trading long enough to know that rumour is often better for price action than news 😉 I have as of @11.20 today, sold all my LRC. Still holding all my GME and will for a while yet.

My next stock/equity play will be into Indian defence stocks and I have a cheeky $190 buy for Boeing. Have ongoing and longheld concerns on their Defence contracts and penalty clauses and the latest batch of quality and defects on their stored airframes points to more cash being burned in rectifications.

If you are risk averse, I'd avoid picking individual stocks and stick with ETFs/ITs/other diversified funds.

Otherwise, someone like MSFT/AAPL etc would probably be less risky than most over the long term.

Gonna sell half my BABA holdings today, as I think someone said here before, feel there's more bad news going to come out of china in the next week or 2. I've made money out of BABA already so not really losing anything, but think I may be able to buy back in at a lower price in a few weeks.

"Speculating" is just gambling by another name.

I looked at Home Depot recently and fantastic financials. Free Cash flow of circa $10 per share. Trading at $365. Would you consider that value ????

Investing isn't a one size fits all solution. There are lots of different strategies that can be successful.