OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

583
782
Joined Sep 4, 2020
All I see is discounts.
That was always a cool thing to say when we were in a historic and nonsensical bull run lol. When people start waking up and see P/E's that literally run out of revenue years because the discount rate effectively makes their return $0 in current dollars, you might not be able to say it any longer.
 
71,913
19,674
Joined Apr 4, 2008
Took off the TDOC add from Friday and the FCAC warrants. Just getting a little defensive in case this is multi day and I can back up the truck.
 
3,646
664
Joined Aug 22, 2007
That was always a cool thing to say when we were in a historic and nonsensical bull run lol. When people start waking up and see P/E's that literally run out of revenue years because the discount rate effectively makes their return $0 in current dollars, you might not be able to say it any longer.
I’m not disagreeing with you, but I’ll use this dip to nibble and add to my core positions. Staying away from the garbage. Let’s see how things play out over today and tomorrow.
 

antidope

Supporter
53,014
36,516
Joined Jan 2, 2012
That was always a cool thing to say when we were in a historic and nonsensical bull run lol. When people start waking up and see P/E's that literally run out of revenue years because the discount rate effectively makes their return $0 in current dollars, you might not be able to say it any longer.
We're in another one imo. The history bears it out as well.
 
18,025
13,490
Joined Nov 3, 2011
That was always a cool thing to say when we were in a historic and nonsensical bull run lol. When people start waking up and see P/E's that literally run out of revenue years because the discount rate effectively makes their return $0 in current dollars, you might not be able to say it any longer.
P/E?
 
71,913
19,674
Joined Apr 4, 2008
If I can get HAAC under 14 I'm buying more.

Holding off on adding more FSLY. If this market corrects, this turd will go to 65. Setting my bid down there.
 
1,168
982
Joined Nov 17, 2013
I've been buying the dip and the dip continues...lol

I'm hella light on cash right now so I'm not very happy because I can't really go shopping like that.

I don't think I'm looking at the portfolio today
 

antidope

Supporter
53,014
36,516
Joined Jan 2, 2012
I legitimately don't know how to value SPACs. It just seems at times like an overly lazy way to get people who under normal circumstances could never invest in Private Equity to have an avenue to do so. If there's something about this market that feels somewhat "bubbly", it's that.

A-Rod has a SPAC. Like that kind of stuff seems bubble-like. He's smart and all and has a good team around him but that is totally a name-draw play.
 
71,913
19,674
Joined Apr 4, 2008
I legitimately don't know how to value SPACs. It just seems at times like an overly lazy way to get people who under normal circumstances could never invest in Private Equity to have an avenue to do so. If there's something about this market that feels somewhat "bubbly", it's that.

A-Rod has a SPAC. Like that kind of stuff seems bubble-like. He's smart and all and has a good team around him but that is totally a name-draw play.
I'd say 95% at minimum are complete bull**** and will be taken private or bankrupt by 2030. But they do offer fun opportunities. I've been very selective with the SPACs I've bought and, aside from HAAC, I've used very small size to mitigate risk, typically less than 1%.

Had a bid open in KBNT at 10.40 and basically bottom ticked it. Back in for 50 shares. Small moonshot gamble. 0 or 100 play.
 
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