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

 

[MountainTracker]

SpaceX IPO incoming. Word is up to 20% will go retail investors.


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[bozeman]

I am waiting on this to see how it goes.......thinking some serious upside, but risk is also quite high.

 

[2531usmc]

I am waiting on this to see how it goes.......thinking some serious upside, but risk is also quite high.

Hard to bet against Musk…..

 

[Theringworm]

Oh man, I had forgotten about that one finally. Then you show up just to remind me. Going to be back to crying myself to sleep again.

*sarcasm

I am still holding PR/CDEV BROOMD!

 

[eamyrick]

SpaceX IPO incoming. Word is up to 20% will go retail investors.


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This is what I came here to learn about. I’m in Austin so Musk and Tesla are in my backyard. The speed and scale of the Tesla factory build was impressive. I haven’t bet a single stock in my life but have 5k in my hunting fund that might go to Space X. I just don’t see how it could lose.

 

[Bucky]

Agree, if spacex goes public I’ll put money in it just because it is musk. The guy never gives up and finds a way when everyone else cant.

 

[Beendare]

I'm seeing my son Friday- he has been out of town on an extended business trip so I hate to bug him.
Knock on wood.....He has become a super savvy investor and spends some time on it.

I'm wondering if it's worth looking at SoftBank as a sympathetic trade. SFTBY which was up a measly 13% today and is somewhat like the ETF he bought. I will ask him what he thinks.

FWIW all of this is pretty risky for me...but I figure someone here might be interested.

I think @BBob nailed it in his comment, some of this stuff is very speculative and impossible to value. These things can go on a tear with no rhyme or reason....so guys like myself looking for the reason get left in the dust.