Money Investing megathread extravaganza - Page 396

Originally Posted by BigBeauford:
Wow, Tesla hit 2k.

The only Tesla stock I have is through my index funds, and I'm too chicken to invest before the splits. Tons of gains in the last week. Crazy to watch.
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hope you didn't sell, IDEX fanbois

STOMACH
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Originally Posted by Hammock Parties:
hope you didn't sell, IDEX fanbois

STOMACH

Bannon charged with shorting IDEX . Gonna make a run now!
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Originally Posted by lewdog:
I thought you gave up trading crap stocks last year?

I did,

BTW Blackrock Inc, the largest asset management company in the world increased its IDEX shares by 140% with an additional 9,609,000 shares . They now own 16,464,000 shares.
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Originally Posted by Hog's Gone Fishin:
I did,

BTW Blackrock Inc, the largest asset management company in the world increased its IDEX shares by 140% with an additional 9,609,000 shares . They now own 16,464,000 shares.

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Hammock is the Jordan Belfort of CP - he nailed IBIO to perfection.
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Is IBIO a steal right now?
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Originally Posted by jdubya:
Is IBIO a steal right now?

The pandemic is nearly over.

I'm dubious about buying back in.

If it falls below $1.25 I might think about a small play.
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I've got about $5K, and I think I'm gonna use it all on either Apple or Tesla on Monday.

Good idea or bad idea?

Sent from my SM-J737T using Tapatalk
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Originally Posted by Munson:
I've got about $5K, and I think I'm gonna use it all on either Apple or Tesla on Monday.

Good idea or bad idea?

I'd wait for Elon to tweet something stupid and then buy TESLA.
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Originally Posted by RubberSponge:
I am really down with a pigs go to slaughter approach on this through the year.

I don't see any real need to sell out. With the markets ability to rebound from COVID and NAIL being at over 90some in late Feb. all the way down to 6 in Mar. My greed can't help but let me think that it could be 60 in Oct.

NAIL over 54 today. Still stubborn as a mule and holding for 60.
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Originally Posted by RubberSponge:
NAIL over 54 today. Still stubborn as a mule and holding for 60.

Nice work.

I've been trying to retrain myself a bit. If a stock is going up I should hold it. I've traditionally felt that I should lock in the profit by selling some, but TSLA and the FAANG stocks are changing my mind on that.

I'm getting a little nervous because the FAANGS plus MSFT and TSLA are now over 12 percent of my total portfolio which doesn't seem very diversified, but man, they just keep going up.

Now that I think about it, though, 12 percent isn't all that much, right? Or is it?
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Tesla now has a higher market cap than Wal-Mart.

According to reddit
Walmart:
Revenue: 134B
Net profit Margin: 3%

Tesla:
Revenue: 6B
Net profit Margin: 1.7%

This is wild
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Originally Posted by SupDock:
Tesla now has a higher market cap than Wal-Mart.

According to reddit
Walmart:
Revenue: 134B
Net profit Margin: 3%

Tesla:
Revenue: 6B
Net profit Margin: 1.7%

This is wild

It surpassed Walmart at yesterday's close. It might have passed Johnson and Johnson today. It was only around 20b market cap less yesterday.

I'm not sure where they got those revenue numbers, Walmart is 500+ Billion revenue and around 15 billion net income.

If Tesla passed JNJ that just leaves Visa, Berkshire and the big 5 tech larger then Tesla. Pretty crazy. Speaking of, Apple was up 5% on a random day today. Our large and mega caps are now jumping around like unknown microcaps that just got a positive segment or headline.
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