Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Wonder how TSLA is going to react on Monday? Musk is out as the chairman but will remain CEO.

 

This is killing me! I should have sold my TSLA stock months ago! First the Model 3 fiasco, then the weed smoking & now this! Still a good investment as I bought my stock at $24 share lol.

 

Any good stock picks? I don't want to get into the weed stock fiasco.

 

It may seem too late, but AAPL. I bet in 5-10 years today’s price will seem cheap (if you’re a buy and hold type).

 

I doubled down on SQ... I can't seem to pick any other winners

 

I have one share of MSFT, 3 shares of ZEN and a few shares of CIM. I might buy a natural gas ETF at some point in the future. Always have a soft spot for natural gas. Maybe BOIL or UNG.

 

@ThunderOne I don’t pay enough attention or care for NG/Oil stocks - but a past favorite of mine is UWT.

 

stocks getting hammered today. Of course the only thing up in my watchlist is firearm related.

Also funny, I was talking about natgas stocks and the next day they go up 5% because of a "colder than usual" winter prediction. Ugh.

 

another fun day weee!

 

Sold all of my positions and bought TCPC and BOIL two days ago, boy did I dodge a bullet. SQ lost 20%+ in two days, among others

 

Lol, a bloodbath

 

You gonna buy SQ back at a cheaper price? It’s going to be up in the future I have no doubt..

 

Can anyone explain the advertisement in weed investing lately... Is it about to boom?

 

pump and dumps mostly... long term maybe but not sure which companies are worth a damn. Might want to wait a bit.

 

probably, yes, but FB and TWTR are leading the way in the tech selloff... people are starting to realize these companies are overvalued and most of the trading occurring above their valuation is pure speculation

 

Thank you

 

It got into the $60’s today, I have no idea how low it can go though, if it was overvalued too much it could keep dropping before a good entry point.

 

yep, no telling when to jump back in

 

it's up today, if it's down on monday I may consider buying back in.

 

Not that this matters, but the thing that scares me about SQ is this:

- Morningstar fair value estimate: $44.00
- CFRA 12-month target: $58.00
- Merrill Lynch 12-month target: $75.00

I know analysts are basically guessing like the rest of us, but I have never seen anyone say SQ was fairly valued; they all say it’s way overpriced. It’s a great business and long-term would probably be a good buy even right now, but I really don’t know. It might have just bubbled and is settling in now.