NEW -> Contingent Buyer Assistance Program
Lower and lower
What Peter Beck and Rocket Lab have done is also great - hope they keep it going!
www.groundbrkr.com
I have limit orders for 3-4 shares/order MU at $790-$760-$731 in my IRA.
Optimistically, I think the stock will recover to $1000-ish this year, but may trigger another round of profit taking.
Might possibly pick up some Sandisk if it dips toward $920 ish.
Even at today's price, which is 50% off its peak, SNDK's forward PE is still 17, which is much higher than MU's forward PE of ~5. I'm putting my bets on MU.
CalBears96
Well-known member
Forward PE on MU is so low that you can't help but to buy more.
GrowthStateofMind
Active member
Every single investor who purchased SpaceX, including those on the offer…have lost money
Lower and lower
SpaceX dominates because they outcompete due to the capabilities and products they've built. Favoritism has been on the old incumbents like Boeing/ULA who haven't been able to deliver.
What Peter Beck and Rocket Lab have done is also great - hope they keep it going!
Yeah you wouldn't be able to have sold near the frothy top where things are currently. But depending on when you would have joined, the options you would have been granted would have been at an extremely low valuation (relatively)
I won't say too much. It's not winning if you're not competing. ULA hasn't been in favor in many years.
I'm aware. Somewhere near the far left end of the flat line is where I would have been.
GrowthStateofMind
Active member
Wonderful, I’ve been riding some 80 strike puts for Dec 2028 expiration since share price was 145, along with a 125p 7/31 lotto contract. The chart has been straight freefalling.
morekaos
Well-known member
Peak Cheap: The AI Boom Isn't 2000, It's 2008
Anatomy of the GPU-collateralized earnings bubble and the coming credit unwind
www.groundbrkr.com
morekaos
Well-known member
Ouch….
Why SpaceX’s Earnings Will Likely Be Followed by a Wave of Stock Sales
A series of lockup expirations could unleash stock sales dwarfing the IPO, leading index funds to have bigger weights in the volatile stock.- Two days after SpaceX earnings are released, most pre-IPO investors will be eligible to start selling the stock.
- These lockup expirations will likely bring to market billions of shares of SpaceX stock in coming months.
- As the number of shares available rises, the weighting of SpaceX stock in index funds will likely increase significantly.
CalBears96
Well-known member
I picked up 3 MU shares in my Roth today.
momopi
Well-known member
I picked up 3 MU shares in my Roth today.
I have limit orders for 3-4 shares/order MU at $790-$760-$731 in my IRA.
Optimistically, I think the stock will recover to $1000-ish this year, but may trigger another round of profit taking.
Might possibly pick up some Sandisk if it dips toward $920 ish.
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I can't see how SNDK isn't going to completely blow the doors off earnings coming up next week. SD card prices are up, what, 4x or more from 1 year ago? Maybe it's all contracted and distributors are raking in the profits...I don't know how the supply chain works. But at the retail level, it's completely bonkers. One particular card I've bought multiple times for my security cameras cost me $23 each last year, and is now selling for close to $150. Sad for me, I got in too late and my SNDK is a big red blotch on my portfolio. But I'm holding out at least till the next earnings report.
CalBears96
Well-known member
SNDK will most likely beat earnings, but I don't see them blowing the doors off. Expectations are high. Expected EPS for Q425 $0.03 and they came in at $0.29. Expected EPS for next earnings is $34.51. That's more than 100x from a year ago. Even with the increase in SD card prices, are they really going to blow the doors off earnings?
Even at today's price, which is 50% off its peak, SNDK's forward PE is still 17, which is much higher than MU's forward PE of ~5. I'm putting my bets on MU.