Stock picks

  • Thread starter Thread starter jmoney74
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NEW -> Contingent Buyer Assistance Program
not if you do it in your Ira, but it’s not the selling point that’s difficult….It’s the repurchase point that’s the hard part that usually wrecks the strategy🤷🏽‍♂️😆😆😆
 
The SpaceX IPO might pour rocket fuel on the market. You don't want to miss this ship.

High oil + higher rates are mostly priced in at this point. A deal in Iran could reverse both situations rather quickly.
 
momopi said:
That would trigger taxable event $_$
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Long term cap gains rate after one year. No extra credit given for holding longer than that.

Liar Loan said:
The SpaceX IPO might pour rocket fuel on the market. You don't want to miss this ship.

High oil + higher rates are mostly priced in at this point. A deal in Iran could reverse both situations rather quickly.
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Buy on the rumor, sell on the news?

Can't shake the obvious parallels to 1999. And of course things got even more stellar in 2000...for a couple months at least. I had a stock that was up over $100 a day for 2 or 3 days in a row! Crashed, of course, like everything else. Exciting times for 20-something me. Loved the days when I would show up to work having made more that morning than I would make at work. That didn't last!

And while I don't disagree with you, I think SpaceX will eventually be known as the former most overvalued stock in history.
 
SpaceX will probably follow the path of Facebook..super overhyped, super oversubscribed…super flop…initially….I avoided the IPO and waited…stock struggled to find its feet for 2 years….I finally bought my first positions in 2014 and again around 2019 with covid. It takes awhile for markets to digest these large offerings. Like Aramco…I wouldn’t be in any rush to own it.
 
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daedalus said:
And while I don't disagree with you, I think SpaceX will eventually be known as the former most overvalued stock in history.
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I haven't run the numbers to try and value it, but in general the opportunity to buy a monopoly is well worth it in the long run. When Buffet/Munger talk about buying companies with a moat, what they are really talking about is monopolistic power. They just don't like using that term because it's frowned upon by regulators. SpaceX already has a monopoly on space launches and there is still so much room to grow, making it maybe the largest market opportunity in our lifetimes.

Google AI:
SpaceX currently accounts for more than half of all orbital space launches globally. By launch count, they represent roughly 51% to 55% of all global launches. When measuring by the sheer mass of payloads sent to orbit, their dominance increases to around 80% to 84% of the total.
 
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