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Stocks on fire today, how long until we need a wheelbarrow of cash for bread?
11-14-2023, 01:37 PM
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#31
- Lefticle
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- Lefticle
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Originally Posted By HMFIC_BROWSIN⏩
Same with literally every single one of my tech growth holdings here lol:look at BROS, breakeven on profit, hovering around 50% revenue growth y/y for 3 years, stock is down 66% from its ATH.
Similar story with DOCS from a profitable viewpoint, a growth stock with a p/e ratio of 41..... Down 75% from ath.
Lmaoooo
Similar story with DOCS from a profitable viewpoint, a growth stock with a p/e ratio of 41..... Down 75% from ath.
Lmaoooo

Originally Posted By mezner09⏩
Maybe by a TINY percentage. No where close to enough to justify a 60-80% crash.It's about the outlook going forward, not the past results. Many of these companies are revising down vs what they previously had.
Always Neg Back Crew.
11-14-2023, 02:05 PM
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#32
- mezner09
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- mezner09
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Originally Posted By Lefticle⏩
The terminal value shrinks, which hits the discounted price/per share hard, just like small increases in interest rates.Maybe by a TINY percentage. No where close to enough to justify a 60-80% crash.
IDK all your tech stocks, but some of these companies are absolute ****-tier. You are doing what's referred to in behavior finance as anchoring. Just because these companies were once worth $XXX doesn't mean they should, or will, be worth that per share.
TDOC was a bubble. Again, terminal value was re-assessed after the pandemic.
LMND was a spac created during the spac craze. Got absolutely dumped on by the first investors and then diluted with additional shares. It'll never be worth those values for a very very long time, if ever.
Same store with SOFI (spac), although they are slowly turning around (I hold shares at 7ish cost).
xTUNAx
Ironman finisher
Resident MISC cardio expert
11-14-2023, 09:05 PM
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#33
Originally Posted By Lefticle⏩
Please tell me you always have cash on the side and always average in to reduce your cost basis when the stock is going down.Take a look at where tech growth stocks were under Trump compared to where they're at under biden. Most are still MASSIVELY down.
Because what you say would only apply if one bought some stock all at once and never made another move for 10 years.
11-14-2023, 09:09 PM
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#34
11-14-2023, 09:12 PM
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#35
- Lefticle
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- Lefticle
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Originally Posted By kusok⏩
Duh. Currently sitting at around 40% cash and have it parked in SWVXX in my brokerage account.Please tell me you always have cash on the side and always average in to reduce your cost basis when the stock is going down.
Because what you say would only apply if one bought some stock all at once and never made another move for 10 years.
Because what you say would only apply if one bought some stock all at once and never made another move for 10 years.
Always Neg Back Crew.
11-14-2023, 09:14 PM
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#36
Cliffs of this thread so far:
post absolutely horrendous stocks with disgusting fundamentals, horrid technicals, pocket lining executives, diluting shareholders, buried in debt, no path to profitability etc., and be shocked that the stock is down 70%. Fooking Biden!!!
post absolutely horrendous stocks with disgusting fundamentals, horrid technicals, pocket lining executives, diluting shareholders, buried in debt, no path to profitability etc., and be shocked that the stock is down 70%. Fooking Biden!!!
11-14-2023, 10:21 PM
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#37
- digital022
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- digital022
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Originally Posted By kusok⏩
LMAO I was like LMAO. It took like five minutes of research to see DOCS is a hot steaming pile of dog chit. Misc has the weirdest infatuation with particular stocks sometimes.Cliffs of this thread so far:
post absolutely horrendous stocks with disgusting fundamentals, horrid technicals, pocket lining executives, diluting shareholders, buried in debt, no path to profitability etc., and be shocked that the stock is down 70%. Fooking Biden!!!
post absolutely horrendous stocks with disgusting fundamentals, horrid technicals, pocket lining executives, diluting shareholders, buried in debt, no path to profitability etc., and be shocked that the stock is down 70%. Fooking Biden!!!
Your schtick sucks and it screams insecurity.
11-15-2023, 05:18 AM
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#38
- IPoopStandingUp
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- IPoopStandingUp
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Time for inflation reduction act 2?
11-15-2023, 05:29 AM
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#39
- turdburglar9021
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- turdburglar9021
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Originally Posted By kusok⏩
ThisCliffs of this thread so far:
post absolutely horrendous stocks with disgusting fundamentals, horrid technicals, pocket lining executives, diluting shareholders, buried in debt, no path to profitability etc., and be shocked that the stock is down 70%. Fooking Biden!!!
post absolutely horrendous stocks with disgusting fundamentals, horrid technicals, pocket lining executives, diluting shareholders, buried in debt, no path to profitability etc., and be shocked that the stock is down 70%. Fooking Biden!!!
Stocks down: Welcome to Biden's America...Lets go Brandon FJB
Stocks up: Bidenflation! It's a reverse market crash!
Anything to avoid responsibility for making bad investments.
11-15-2023, 05:43 AM
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#40
- PenorBrahNoHomo
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- PenorBrahNoHomo
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Should have bought Uranium stonks lol
11-15-2023, 05:44 AM
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#41
- ParsleyTea
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- ParsleyTea
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I stopped eating bread a few months ago. It irritates my gut. I've done my part to help keep bread prices low.
11-15-2023, 05:58 AM
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#42
- OliverHeldens
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Originally Posted By Lefticle⏩
Tech companies valuations are based on forward growth. Which is impacted by high interest rates. When rates stay elevated, it forces the companies to lower their growth projections going forward, which causes stocks to reprice.
11-15-2023, 09:06 PM
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#43
Originally Posted By OliverHeldens⏩
There is tech and then there is tech.Tech companies valuations are based on forward growth. Which is impacted by high interest rates. When rates stay elevated, it forces the companies to lower their growth projections going forward, which causes stocks to reprice.
Google and garbage most retail invests in are not effected in the same way by interest rates.
Hey, I recognize your av, you the guy calling for a market crash daily? A saying for you:
The bull climbs the wall of worry.
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