Stock picks

  • Thread starter Thread starter jmoney74
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I’m sitting on that Marvell position. It wavered in the 70s for a while after I bought it but just sat on it. Then it kept going up and up. I thought about selling it but will probably just keep it till it hits $1T in market cap :-)
 
It’s like my micron and now Intel positions. They’ve gone up so much but unlike the 90s.com boom …these are seasoned companies with good earnings. Micron is trading at a 44 forward PE, that’s not overbought relative to growth…🤷🏽‍♂️😆😆😆💰🇺🇸
 
OCtoSV said:
Why??? That stock and company have been dogs for so long. Dogs with fleas.
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That started out as just a sector momentum pick…Seondary, seasoned stocks started to get attention (Dell) so i did a bit of nosing around and quietly started to accumulate HPE over the last several weeks..turn out it may be a better long term hold on the earnings surprise but some of my traders have already lost interest and ditched the bitch…😂😂😂👍🏽🇺🇸💰

 
I did not buy MRVL directly but opted to buy SOXX and SMH back in Jan. Both holds MRVL.

SOXX has almost doubled vs SMH is up 70%.

In retrospec I should have bought SOXQ which mirrors SOXX holdings and have lower fees.

SMH has higher fees and performed worse. >_>
 
should be interesting…

SpaceX targets $135 IPO price at valuation of $1.77 trillion​

  • SpaceX plans to market its IPO at a fixed price of $135 per share, with a valuation of $1.77 trillion.
  • The valuation would make Elon Musk’s firm the seventh-biggest company in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
  • SpaceX is planning to debut at the Nasdaq on June 12.

https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
 
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morekaos said:
should be interesting…

SpaceX targets $135 IPO price at valuation of $1.77 trillion​

  • SpaceX plans to market its IPO at a fixed price of $135 per share, with a valuation of $1.77 trillion.
  • The valuation would make Elon Musk’s firm the seventh-biggest company in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
  • SpaceX is planning to debut at the Nasdaq on June 12.

https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html?__source=iosappshare|com.apple.UIKit.activity.CopyToPasteboard
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$1.77 trillion? I’m not becoming exit liquidity at that valuation lol
 
morekaos said:
Probably will get cheaper….🤦🏽‍♂️😆

SpaceX hits all-time low, dips below IPO opening price as rival Blue Origin seeks new funding​


finance.yahoo.com

SpaceX hits all-time low, dips below IPO opening price as rival Blue Origin seeks new funding

A day after SpaceX stock dipped below its market debut price — and as rival Blue Origin shores up its capital position — the company finds itself at a crossroads.
finance.yahoo.com finance.yahoo.com
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It's not really a surprise -- the valuation was sky high (I can't stop with the rocket metaphors). Insider selling usually depresses big IPO's for awhile like we saw with FB, but my original thesis that owning a space monopoly will pay off in the long run still stands. The growth potential for SpaceX is out of this world!
 
Liar Loan said:
It's not really a surprise -- the valuation was sky high (I can't stop with the rocket metaphors). Insider selling usually depresses big IPO's for awhile like we saw with FB, but my original thesis that owning a space monopoly will pay off in the long run still stands. The growth potential for SpaceX is out of this world!
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Real test is the end of the lock Up Period..usually 35-45 days in.☝🏽💰🇺🇸
 
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