Stock Market is the bottom in?

[Westwind]

I did some rearranging and bought back my SMCI. My wife is in the business and while she is not an expert on the company she says they serve businesses who need something the NVDA’s of the world aren’t able (willing?) to serve.

I’m not a great trader but if I stick to businesses that seem to have a good product it seems like I do ok. My non-retirement stock account has a lot of NVDA. I know its risky to hold so much of one stock but its one I feel like will continue to lead the AI stuff….

 

[bwoods11]

Applied Digital

 

[bwoods11]

Applied Digital dropped almost a $1 since I posted that …

Strange market !

 

[KY wild]

I did some rearranging and bought back my SMCI. My wife is in the business and while she is not an expert on the company she says they serve businesses who need something the NVDA’s of the world aren’t able (willing?) to serve.

I’m not a great trader but if I stick to businesses that seem to have a good product it seems like I do ok. My non-retirement stock account has a lot of NVDA. I know its risky to hold so much of one stock but its one I feel like will continue to lead the AI stuff….

My mad money account also has too much NVDA but it grew so fast early on it was hard to justify a sale, now I still like it and it is house money. If I get burnt it has been my most profitable ride so far, great fun.

 

[Westwind]

@KY wild Thats 100% where I’m at!

 

[jsasker007]

Hopefully you guys aren't holding NVDA for the dividend!

 

[jsasker007]

SMCI is gonna rip like a fat lady's undies. jmo

 

[hunts_with_stick]

Why do you think that? I am not sold on smci

 

[hunts_with_stick]

all my research says it is a hold at best

 

[hunts_with_stick]

"Furthermore, the average SMCI price target of $36.50 per share implies 41% downside"

 

[buckvelvet]

OKLO has been getting its arse kicked.

 

[jsasker007]

Why do you think that? I am not sold on smci

post#6088

 

[jsasker007]

"Furthermore, the average SMCI price target of $36.50 per share implies 41% downside"

Lotta people think the same as you do. I'm just giving my opinion and I'm in the stock pretty heavy on my own beliefs.

 

[hesseu]

Major tech and nuclear getting hammered this afternoon.

 

[jsasker007]

Whole lotta red.

 

[SD51555]

Applied Digital dropped almost a $1 since I posted that …

Strange market !

It’s gone up since I started buying $8 puts to expire next Friday. I wanted to buy another 50 at 3 cents this afternoon but couldn’t get 30 seconds free to do it.


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[Turkish]

SMCI is gonna rip like a fat lady's undies. jmo

I’m in, brother!

 

[SD51555]

https://twitter.com/x/status/1893313267759563199

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[Bowsnbucks]

Buffet has said himself that he views the overall market as overpriced, PE's at very high levels compared to historical levels. He can sit on that much cash and draw great interest while in "relative" safety. Buffet also said very recently that it won't be long before Abel takes over for him.

 

[bwoods11]

Buffet has said himself that he views the overall market as overpriced, PE's at very high levels compared to historical levels. He can sit on that much cash and draw great interest while in "relative" safety. Buffet also said very recently that it won't be long before Abel takes over for him.

4% is great interest?

I think Buffett is amazing , an all time legend investor ? But why did he sell a bunch of Apple at $160 and encounter a big tax burden ?

Second, he could have bought gold 2-4 years ago….knowing inflation is rampant and made 50-60% on some of his money instead of 4-5%? I’m talking even 4-8 billion in gold ? Not

I had this discussion on another forum. A Buffett defender said he doesn’t like gold & wants to stay in his lane .

Ok fine, but I guarantee Gold goes up 10% the day he buys it (Buffett factor). Cash is safe, I understand, but in todays market the cash rate of return is not all that impressive.