Share tips thread (Vol 2)
Discussion
BobsPigeon said:
vindaloo79 said:
One thing your missing here is the quality of the autonomous self driving software and the amount of miles and data gathered up to this point to test it in the real world.
I don’t have a clue what it’s worth.
Nothing, that's how much. Google own the mapping tech, the GPS system is essentially on loan from the military and could be switched off at any time and Tesla have nothing in the sensor and vision imaging tech space that can't very easily be replicated by any big manufacturer. Apple and Google both could release a self driving car to market very quickly as could a number of traditional car manufacturers. I don’t have a clue what it’s worth.
But they won't because the market is worth nothing because we'll never have autonomous self driving cars, not because of the tech but because the legal and ethical issues are intractable, its just never going to happen.
Just purchased some $SCR following rumors of a possible takeover target, and adding to my existing holdings of $PENN (300% since I got in) & $DKNG (35% up).
IMO I think gambling stocks in the US will continue to improve as gambling laws relax, and many 'dry' states are in desperate need of revenue...
IMO I think gambling stocks in the US will continue to improve as gambling laws relax, and many 'dry' states are in desperate need of revenue...
Burwood said:
BobsPigeon said:
vindaloo79 said:
One thing your missing here is the quality of the autonomous self driving software and the amount of miles and data gathered up to this point to test it in the real world.
I don’t have a clue what it’s worth.
Nothing, that's how much. Google own the mapping tech, the GPS system is essentially on loan from the military and could be switched off at any time and Tesla have nothing in the sensor and vision imaging tech space that can't very easily be replicated by any big manufacturer. Apple and Google both could release a self driving car to market very quickly as could a number of traditional car manufacturers. I don’t have a clue what it’s worth.
But they won't because the market is worth nothing because we'll never have autonomous self driving cars, not because of the tech but because the legal and ethical issues are intractable, its just never going to happen.

Some of the roads round my way (in Surrey 2 or 3 miles from the M25 so not the middle of nowhere) are barely wide enough for one car let alone two. I can’t imagine anything I’d rather do less than let the car try and do it.
I know I can just skip past it, but i really wish there was a separate Tesla thread.
Every few weeks, this thread just gets taken over by the same few pages of Tesla discussion
“It is overpriced”
“Yes I agree but I’ve still made money”
“I don’t understand how it’s valued so high when it produces so little”
“I’m not a fan boy, but...”
Rinse repeat.
Every few weeks, this thread just gets taken over by the same few pages of Tesla discussion
“It is overpriced”
“Yes I agree but I’ve still made money”
“I don’t understand how it’s valued so high when it produces so little”
“I’m not a fan boy, but...”
Rinse repeat.
Brother D said:
Just purchased some $SCR following rumors of a possible takeover target, and adding to my existing holdings of $PENN (300% since I got in) & $DKNG (35% up).
IMO I think gambling stocks in the US will continue to improve as gambling laws relax, and many 'dry' states are in desperate need of revenue...
I'm 50% up on DKNG and kick myself for missing PENN. Im holding just now as quarter results for DKNG were good and I agreed that more states could take the step to relax rules on gambling in the future. IMO I think gambling stocks in the US will continue to improve as gambling laws relax, and many 'dry' states are in desperate need of revenue...
Benbay001 said:
vindaloo79 said:
I don’t have a clue what it’s worth. I think Tesla is overpriced, but easy money being pumped into the markets wrecklessly for years on end and more to come will mean fundamentals can be ignored, for now.
Assuming youre intending to hold for a long time rather than trade, how are you making sure youre not holding the box when the music stops?How do you spot the difference between "buy the dip" and the start of the company becoming valued on fundamentals?
But It’s also been a turbulent rise for SMT:LSE of late. I’m not ready to BTFD in a big way but have added.
ATM said:
SP500
It's broke through 3800 now pretty convincingly so next simple target should be 3700
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it). It's broke through 3800 now pretty convincingly so next simple target should be 3700
Also had a small dabble in $buzz
Last couple of weeks have been brutal...
YTD 2.37%
1YR 131.63%
3YR 228.16%
As Brother D said looks like Wallstreet bets on reddit has its own ETF now !
https://finance.yahoo.com/news/join-swarm-retail-i...
" "BUZZ empowers individual investors to potentially benefit from the predictive insights gained by measuring the collective convictions about stocks, ultimately building the benchmark for social sentiment.""

Unfortunately BUZZ is trending today and not for good reasons as market sentiment seems to have gone off tech of late.
Should I buy BUZZ? I best go and look on reddit to find out
Hopefully they are slamming it, which leads to a vicious circle for Buzz and it disappears over an event horizon.
As an aside, I am proud to announce the Pistonheads STT EFT that I will be running out of my shed very soon. It will be based on doing exactly the opposite that everyone recommends.... I've also got a printing press in there for old fashioned forgery, none of this bitcoin baloney.
https://finance.yahoo.com/news/join-swarm-retail-i...
" "BUZZ empowers individual investors to potentially benefit from the predictive insights gained by measuring the collective convictions about stocks, ultimately building the benchmark for social sentiment.""

Unfortunately BUZZ is trending today and not for good reasons as market sentiment seems to have gone off tech of late.
Should I buy BUZZ? I best go and look on reddit to find out

As an aside, I am proud to announce the Pistonheads STT EFT that I will be running out of my shed very soon. It will be based on doing exactly the opposite that everyone recommends.... I've also got a printing press in there for old fashioned forgery, none of this bitcoin baloney.
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.
If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
dave_s13 said:
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.
If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
IPOs (initial public offering or ‘going public’) are announced ahead of time. If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
Sometimes you can get in on the first day. Others you can’t.
IPO calendar;
https://www.marketwatch.com/tools/ipo-calendar
dave_s13 said:
Here's a stupid question from someone who's experience of the stockmarket is that I've watched the wolf of wall Street 3 times.
If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
What's the company and perhaps we can advise?If there's a private company you can't buy shares in but have a strong feeling they're going to do very well, what's the best way to know if and when the exact moment is they go public, if they ever did obvs.
This smacks a bit of insider dealing, as the public perception goes.
I'm all ears though ....

Brother D said:
I've sold quite a few of my tech stocks yesterday including $Tsla @690 and will look for a re-entry (I did buy a couple at 630 this morning just to keep an eye on it).
You're still buying the dip then.I don't wanna discuss Tesla as it seems to annoy some on here.
Big question now is will this become the start of a down trend. I hope so because I'm short and will try to stay short as long as possible.
Furlough schemes extended here in UK.
I'm hearing lot of noise about redundancy where businesses started before the government extended Furlough scheme. Damage done and will start to show or will hide until Furlough actually ends if it ever ends.....
Economy is bad. Everyone keeps telling us Economy is bad right. Shares need to go down then. Simple
I could go on about bubbles - shares and home prices
I could go on about commodity prices rocketing higher pushing up costs
I could go on about government bail out money creating inflation which central banks can't control while printing money causing more inflation
I could go on about interest rate expectations going higher
I could go on about debt at record highs and the risk of defaults becoming a contagion - businesses defaulting or individuals losing jobs or small businesses when government bail outs end for good
I could go on about taxation coming
Keep it simple
Everyone keeps telling us Economy is bad
How can you be a buyer if everyone telling us Economy is bad
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