This is just a simple rule I try to follow when buying long term positions. This is not any kind of short term strategy or trend following. Its just an easy rule I try to follow to avoid buying at prices that are inflated. It's kind of common sense but you would be surprised.
I am a buyer for FB at around $200, I think FB continues to track the trend line shown on the graph. I expect the fair value to be around $250 at the start of 2022.
I won't get into it but, FB has a lot of different opportunities to expand it's current income streams and should continue to grow at its current pace.
CMLS has a good chance to double up in the next year, the stock price is beat way down due to the reduction in advertising on radio. As businesses open back up and start to advertise their profits will return. They are currently valued at 600 million and they made 700 million in revenue last year. Their P/E is under 1. They have historically been at a P/E of...
I think Tesla has simply run up too fast and needs some consolidation in the 700-500 range. With a 150 Billion Market cap and a PE at 250 they are just too over valued to invest in and feel good about it. A lot will depend on the second quarter results, I think Elon has reduced the price on the cars in hopes to sell every Tesla he has and turn a profit and get...
The more money they print, the more artificially inflated the stock market becomes, the better Gold starts to look.
The Fed says there is no limit to how many trillions of dollars they will print to widen the gap between the actual economy and the value of the stock market.
Gold becomes more and more attractive the wider the gap between the market and reality...
This is what I am looking for, I think 6K is the target before the explosion up, need to get down to there to get big buying pressure and to start the FOMO.
Once we get to 6K, a lot of buyers come in and drive the price up, around 8-10 K the FOMO kicks in and pushes us up to 20K.
at 20 K you will likely have a bot of consolidation between 16-22K and then a...
I am not gonna talk about why I think Tesla is going down short term, I want to talk more about why I will not be buying unless it goes down.
My Tesla budget is $10,000
@ $800 a share I can buy 12 shares.
@ $700 14 shares
@ $600 16 shares
@ $500 20 shares.
I believe Tesla has the potential to be worth $3000-$4000 by 2025. Based on that stock evaluation.. I ...
NAT will pay some of its largest dividends in its history this year, with global storage demands at an all time low they can charge higher rates for their storage of oil. With airlines and travel being greatly reduced I do not see any reason why we won't have an oil storage crisis for the rest of this year at a minimum.
I am a buyer at $5 and below, with a price...
Tesla over here setting records for 10 days in a row of gains, next week starts the fall. Double bottom coming 5-6 weeks from now once all the first quarter earnings bombs drop and people realize how bad this has really been for the economy.
This charts will be about what the market as a whole does.
If Tesla breaks through $750 then I give up. $750 is the last stand for the bears- stock has run up for 9 days, if there are still buyers after a 9 day run up I would like to know what rock they came out from under and why they waited till $750 to buy.
I get that the Volatility of the stock attracts the action but come on people, you aren't seriously going to...