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Victorious Spirit Self Talk
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cheongweevictor
Supreme |
11-Jul-2020 12:25
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I see through all those so call online ecommerce,, most of their bs are horrible,, and just because their shr px are so high, so ppl think they are good stock, and oh yes their revenue keep gg up, but their earning is very bad and -ve FCF.. so u see they are actually been play,,  only some really produce profit,, but their valuation is still sky high, Given time i believe siome 6 mth out we will see the biggest bubble in our life time burst.. a lost decade for tech stock,,will follow,, Yes future is about tech but not tech stock with sky high valuation. who on earth is stupid enough to pay for a stock like ZM that take 1600 year to make back . Hope by time i call sell, u will follow too, i leave the landing to you, í will hande the take off,, it is easier than landing,  so see u,, tonite to shr some stock..  |
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cheongweevictor
Supreme |
11-Jul-2020 12:07
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Going forward i will shr less, but surely u all sure got lobang to shr with each other over here,, but no penny over here, please,, share counter that at least got growth prospect though it could be newly listed or for short term for 6mth to a year.  Other than my 5 stock,, the rest are for short term long,, that is 6 mth to a year, till this bubble burst. Tech stock is a bubble now, so are those data related ecommerce.. pharm stock,,alll in all covid bubble play. One day it will burst, but that is not now for sure. So even though i may shr less, if so happen i think bubble about to burst i will still come here to call and suggest all to sell, so no worry,, just shr less not leaving entirely here,,   |
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cheongweevictor
Supreme |
11-Jul-2020 10:32
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No worry ,, SQUARE is still Square, have not become out of shape as yet.. | ||||
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cheongweevictor
Supreme |
11-Jul-2020 10:30
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I read my post again, it look frightening to u all, no worry, sometime i keep acc knowing it will soar, once it soar 50% to 100% of my ave buy px, i would sell half n wait pastiently to buy back cheap, and if it did not retrace i will put on another counter. I cannot risk putting a 6 figure amout on any one counter,, this is dangerous to my over all portfolio if anything happen to this counter. so when the counter grow ,, we got to do rebalancing..so no one counter is heavy weight,, that is what fund do also,, u shd do this as well,,  thus SQ hv fullfill my objective, time to put my money on a new kid tat i think can run faster,, and more potential. there are many if u care to screen them..
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believer123
Senior |
11-Jul-2020 09:45
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Ya, guess alot of factors come into play, even with bad results, price might still go up if the investor sentiments are good. They will say stock market is forward looking haha... 
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cheongweevictor
Supreme |
11-Jul-2020 09:33
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Fair value is less than 30% of the shr px,, but that is not how mkt px it.. so fair px really got no meaning for tech stock, u see SQ PE so high 193.. and ZM 1600 !!!  high also ppl buy, so long their earning dont get screw than it is fine, if they fail to meet expectation in just one quarter , mkt can sell it down 30% to 40% in 2 days,, 
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believer123
Senior |
11-Jul-2020 09:27
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You mentioned that their valuation is high now, what should be the fair value? 
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cheongweevictor
Supreme |
11-Jul-2020 09:24
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Tough call, but the FA no change, save it valuation is very high, see Monday how? I am holding.
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cheongweevictor
Supreme |
11-Jul-2020 09:22
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I sold last nite half,, as my holding is heavy, tat does not means i am bearish long term, I hv always my prastice doing this , when it is close to 100% of my ave buy px, if there is selldown them i will buy back, or buy the dip if not i will put the money on other counter, SQ   |
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believer123
Senior |
11-Jul-2020 09:20
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What do you think about FSLY, though they got downgraded, but I think the business they are in will thrive in the current situation. I am thinking of acc more and long. They also reporting on 5Aug.  | ||||
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cheongweevictor
Supreme |
11-Jul-2020 09:07
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SQ,, it depend on investor sentiment, if they want to look pass this Q earning then fine like last Q, if not, then  it will be selldown. i think so. |
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Goldendog
Master |
11-Jul-2020 08:45
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SQ is good for long..no need sell either do nothing or acc on weakness..is top 3 holding for Ark..
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Goldendog
Master |
11-Jul-2020 08:43
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Tesla is getting crazy past 1500..glad we all got bought tsla here cheers | ||||
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cheongweevictor
Supreme |
11-Jul-2020 08:29
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There is a cause of worry for SQ as to the ir earning, after i ponder over, last quarter it was hit, this quater definitely cannot be better,, as their revenue come from medium to small entity, May be can try sell half first if got doubt, but if u are looking long term than just keep stll do nothing or better still if got sell down acc more. I leave it to u,, |
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Mz2391
Member |
11-Jul-2020 04:24
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Was queuing for PYPL at 176 but did not get it, gna try again nxt wk. Luckily election helped me stay awake.. my area was the last few...
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binbinbap
Member |
11-Jul-2020 04:12
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hahaha thats nice! hope it soars from here.. hope it starts it' s reversal on monday. was deciding between PYPL, SSYS and BYND.. made up my mind and got in BYND before the market closed.. *election is quite distracting hahah*   
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Mz2391
Member |
11-Jul-2020 04:01
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Same, just bought in 135
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binbinbap
Member |
11-Jul-2020 04:00
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yea.. many analysts are thrashing it down but i' m taking the chance that venturing into China market will prove a point in scaling.  and also, www.fool.com/investing/2020/07/09/kroger-finds-more-success-marketing-plant-based-me.aspx bought in 135     
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98mich98
Master |
11-Jul-2020 02:05
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Bot pins and SQ also today.   
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98mich98
Master |
11-Jul-2020 02:02
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Bot more today , 134 , yesterday 138. Actually i hope it drop more. Every few dollars buy some.  
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