Stock Market is the bottom in?

[Angus 1895]

I’m increasing my position in SMFG today.

It’s been doing really well.

 

[jsasker007]

CELH is another one that's going to double or triple soon.

 

[BuckSutherland]

I should really slap myself silly. I was all ready to buy a couple hundred shares of HIMS when it was below $30 and I just got way too damn greedy instead of averaging in. Started looking at it around mid January and thought I would get it for around $20-22. I had my finger on the trigger at 25-28 a few times and never did it. Now a month later its at 70. I bought AMD at $123 instead after telling myself to wait for $110. Now I'm down slightly on AMD and HIMS took off like a rocket ship.


I have also been watching CELH.... They just announced an earnings call and I think it might be happening tomorrow. That one is really beaten down just like AMD and EL.

 

[buckvelvet]

CELH is another one that's going to double or triple soon.

Why would you think that cuz they've basically dropped by 66% in the past year.

 

[Angus 1895]

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Celsius Holdings stock have an average target of 48.67, with a low estimate of 26 and a high estimate of 99. The average target predicts an increase of 117.86% from the current stock price of 22.34.

 

[BuckSutherland]

I agree 100%. Ever hear of a company called Anduril?? SpaceX, Palantir and Anduril will be 3 of the top 5 defense contractors going forward. Anduril is not a publicly traded company yet, neither is SpaceX. I think eventually they will be. I would like to invest in Anduril now, but I dont think there is room for a peasant like me. Anduril is lead by a real young guy named Palmer Luckey. He looks like a real character. Lots of hype for this company and what they are doing in regards to reshaping the modern military.

One of my predictions for the current administration is they will be bombing cartel sites inside Mexico using AI and a massive fleet of drones.



Imagine a $50-100k drone vs $10 million dollar tanks. Not to mention the drones can be flown from 5,000 miles away. The next war will be fought with new stuff, not the old crap they have already spent trillions on.

I have been thinking this for about a month. I mentioned it on here a couple weeks ago. Today we find out the Trump administration has taken decisive steps to get closer to my prediction. I think we bomb some of these sites soon....

 

[jsasker007]

Why would you think that cuz they've basically dropped by 66% in the past year.

You're 100% correct. They had I believe Pepsi bought way too much CELH for their inventory which boosted the hell out of sales and resulted in a great quarter for CELH. Fast forward to the next quarter and Pepsi didn't need to buy anymore CELH for that quarter which hurt the sales and resulted in a very poor quarter and then add the typical drama which drove the stock price down. Now they are back to normal sales and this quarter should show much better numbers than what the share price reflects currently. CELH should go back up to around $80 a share which is where they were before the misleading numbers and mass panic that drove down the price. jmho

 

[jsasker007]

I think CELH is worth a hell of a lot more than the $26 share price they are at right now. Couple of days ago it was at about $22.

 

[buckvelvet]

Not arguing just curious, I also wonder about the new HHS impact on drinks like Celsius, or any such changes to that sort of market.

 

[jsasker007]

I was just sharing what I know about it. My one son said Celsius was the #1 drink bought on amazon but I haven't checked into it to verify for sure.

 

[Howboutthemdawgs]

I bought Celsius calls today
But dear god palantir just ripped my heart out at the bell

 

[jsasker007]

I bought Celsius calls today
But dear god palantir just ripped my heart out at the bell

Any details as to why PLTR took a plunge? If it's poor future projections it might take a good quarter to get back on track if it's just typical market panic maybe a good time to buy and dollar cost average down a bit. jmo

 

[Howboutthemdawgs]

The question is do you take your winnings and exit palantir in the morning now?

 

[jsasker007]

Thought PLTR was looking good. See if this is a buying opportunity. People panic too much but maybe it bounces right back. Markets don't operate logically for the last few years it's all hype driven in my opinion. I think they bounce back quickly. As a buyer I'm hoping it drops a lot before it bounces up.

 

[Howboutthemdawgs]

Thought PLTR was looking good. See if this is a buying opportunity. People panic too much but maybe it bounces right back. Markets don't operate logically for the last few years it's all hype driven in my opinion. I think they bounce back quickly. As a buyer I'm hoping it drops a lot before it bounces up.

Yeah but if they cut defense budget that’s not a great sign for them

 

[jsasker007]

SMCI and CELH are what I'm betting on currently.

 

[jsasker007]

Yeah but if they cut defense budget that’s not a great sign for them

I still think the government favors PLTR and the cuts won't hurt them as much as their competition. jmo

 

[jsasker007]

If Pelosi sells PLTR then I'd be shitting bricks.

 

[jsasker007]

Or if Cramer brags it up you know you only have a matter of seconds to dump it.

 

[BuckSutherland]

Or if Cramer brags it up you know you only have a matter of seconds to dump it.

Crashed cause Trump said 8% cut over the next 5 years to military budget. Cramer just tweeted and said it will be back. It was a good run while it lasted.