The Rokslide Stock Traders Thread

[BBob]

how do you put a pe ratio or fair market value on something like this?

You don’t or can’t for something that is 3 days old. It is pure speculation at this point.

 

[Beendare]

You don’t or can’t for something that is 3 days old. It is pure speculation at this point.

Exactly, and my son knows how I am with stuff like that. He does have some super sharp finance buddies in the private finance industry that may have given him some insight into this...or it could have been Reddit- I never know with him. FWIW, I do know most of his money is in VOO, high div ETF's and tech sector ETF's.

In a family text chain my daughter thinks DataBricks is supposed to go public soon so that could be the catalyst on this.

It would have been nice to own it last week...but the question is always should we buy it now up over 700%? I have no idea but I would rather own this over Bitcoin.

 

[cardiac5]

Exactly, and my son knows how I am with stuff like that. He does have some super sharp finance buddies in the private finance industry that may have given him some insight into this...or it could have been Reddit- I never know with him. FWIW, I do know most of his money is in VOO, high div ETF's and tech sector ETF's.

In a family text chain my daughter thinks DataBricks is supposed to go public soon so that could be the catalyst on this.

It would have been nice to own it last week...but the question is always should we buy it now up over 700%? I have no idea but I would rather own this over Bitcoin.

I passed on it yesterday when I heard about it and saw it was up almost 60% for the day. Good for him buying it! Also wasn’t stoked on the 2% management fee.


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[eddielasvegas]

how do you put a pe ratio or fair market value on something like this?

You don't. It's all about momentum and timing it right.


Eddie