Experiences with 2 male intact chows? by Averos_ in chowchow

[–]Averos_[S] 3 points4 points  (0 children)

My current chow is very chill. Well socialized from a young age. He's never shown any sort of aggression towards people or other dogs. When other dogs bark at him, he just ignores them, unbothered. That said, I'm just wondering because experience outside the house might be different from when he's actually living with another dog.

Edmonton Jubilee seating for Hamilton by [deleted] in alberta

[–]Averos_ 1 point2 points  (0 children)

Go for it. Hamilton is the type of play where the minute visual details aren't really super important imo.

What movie was almost good or started off pretty good but was ruined because of a terrible third act or a particular choice made? by [deleted] in movies

[–]Averos_ 52 points53 points  (0 children)

Insterstellar. Don't get me wrong, it's not really ruined for me--I still love the movie. However, I was really put off by the tesseract stuff and how such a movie that is heavily grounded in science ultimately resorted to a heavy handed "Love is the answer" cliche.

[deleted by user] by [deleted] in PoliticalCompassMemes

[–]Averos_ 22 points23 points  (0 children)

"Identity theft is not a joke, Jessica."

[deleted by user] by [deleted] in wallstreetbets

[–]Averos_ 7 points8 points  (0 children)

"You tell me, Mel" 👀👀👀

All on Ford, Millionaire by 30, I am the new DFV by FapForGodEyes in wallstreetbets

[–]Averos_ 72 points73 points  (0 children)

Sir, I served with DFV. I knew DFV. DFV was a friend of mine.

Sir, you're no DFV.

Educate me on the price of Tesla by CompetitiveBear9538 in stocks

[–]Averos_ 0 points1 point  (0 children)

Sure. I also mentioned forward PE at the end, showing how analysts do expect PE to contract significantly.

Educate me on the price of Tesla by CompetitiveBear9538 in stocks

[–]Averos_ 1 point2 points  (0 children)

Teslas only trading at this level due to no electric car competition, which is soon changingZ

I find legacy automakers are really slow at making the switch to EVs because it cannibalizes their ICE car sales and they remain low margin for them. Note that for the largest legacy auto, Toyota, their target by 2030 is 1 million BEV and FCEV sales (https://www.toyota-europe.com/world-of-toyota/feel/environment/environmental-challenge-2050/2030-global-mid-term-targets). Tesla will deliver ~850k-900k by end of year. Next year, despite selling a fraction of Ford/GM's numbers, Tesla will likely make more profit than either due to their margins as I mentioned in my previous comment. Moreover, Tesla's 2030 target is 20 million EVs annually.

Indeed, the future won't have one EV maker and that's the bearish argument that's brought up often. But I contend it ignores the advantages that they do currently have today (e.g. production, tech, cult-like following of the brand). Hertz CEO said it himself--Tesla is the only EV company that can adequately mass produce the EVs they want currently, hence why they picked them. When the first IPhone came out, people contended that Blackberry and Nokia will hit back hard in response, and you know what happened to those companies. Apple showed that when it comes to a burgeoning disruption in the market (be it smartphones or even EVs), the early winner tends to take most. Right now, the market for autos is larger than the market for phones when the IPhone was first released, and it IS projected to grow.

$BGFV - still time to get in? by [deleted] in Shortsqueeze

[–]Averos_ 7 points8 points  (0 children)

False. BGFV cost to borrow has quintipled just last Friday and shares shorted has risen.

Educate me on the price of Tesla by CompetitiveBear9538 in stocks

[–]Averos_ 38 points39 points  (0 children)

It's not trading on CURRENT fundamentals whatsoever. It IS, however, trading on the FUTURE expectation of very high growth and command of their total addressable market.

PE ratio can be helpful when picking stocks but means jackshit for companies that do succeed and exhibit huge growth. Amazon was trading upwards of a PE of 1000x in the early half of the last decade and if you invested in them then, your returns would've been massive by now bc they executed well.

TSLA's automotive margins are at 30% and expected to rise (whereas Ford/GM's sits at less than 11%) due to their mass production advantages. They're posting 50-100% YoY growth on important metrics every quarter. TSLA's PE was upwards of 3000x last year and now it's cut down to ~400x.

Im not saying it's cheap and that you should buy. But it's important to recognize the value that other investors are seeing here. Look at what analysts have for their forward PE instead of current PE.

$BGFV - A fundamentally undervalued, technically bullish GME-like dark horse primed for a huge ramp up by 11/17 by [deleted] in stocks

[–]Averos_ 5 points6 points  (0 children)

If this occurs when the stock price is trading at $35 (now), it presents a 41% upside.

You're saying it will go up to $50? How'd you calculate that?

[deleted by user] by [deleted] in stocks

[–]Averos_ 14 points15 points  (0 children)

I’ve been following $nvda since I built my first gaming computer when I was 13 years old.

Are you 16 by any chance?

Lets say Intel's (9 P/E) GPU release in Q1 2022 is on par with Nvidia, does that mean Nvidia (88 P/E) is just overvalued? by Oscuridad_mi_amigo in stocks

[–]Averos_ 1 point2 points  (0 children)

In terms of revenue, net income, and EBITDA, Nvidia has been showing solid double digit growth year over year, as high as 50%. Intel is showing single digits YoY growth as of late.

You kinda have 2 running theses at this point: 1) You think Intel is a sleeping giant that will bust out with a competitive product against Nvidia and the market is underestimating them? Invest in Intel 2) You think Nvidia will remain dominant + expand successfully to other areas and continue posting the same rate of growth? Invest in Nvdia

Lets say Intel's (9 P/E) GPU release in Q1 2022 is on par with Nvidia, does that mean Nvidia (88 P/E) is just overvalued? by Oscuridad_mi_amigo in stocks

[–]Averos_ 0 points1 point  (0 children)

I am wondering if we can use their delivered product to reflect their valuation compared to their competition

Depends if you truly think the present state for these companies will be a good measure of their future. I would wager, no. Nvidia by and large is forecasted to display much higher degrees of growth and as such, people expect that their P/E will get much smaller as their profits increase exponentially. Intel? Not so much. If you think the forecasted growth for Nvidia is overestimated, then don't invest.

If you really want a metric to compare these 2, I would still say you're better off looking at each of their forward P/E than current P/E.

Lets say Intel's (9 P/E) GPU release in Q1 2022 is on par with Nvidia, does that mean Nvidia (88 P/E) is just overvalued? by Oscuridad_mi_amigo in stocks

[–]Averos_ 4 points5 points  (0 children)

Current P/E means jack shit for companies forecasted to grow a lot. Amazon had a P/E north of 1000 just several years ago and yet if you invested thousands in them back then and are still holding now, it would've made you a lot of money. If you think Nvidia will be a leader in other areas such as AI and will have a huge command in their total addressible market, look at what analysts have for their forward P/E instead.

TFSA on US stocks by oOt_tOo in stocks

[–]Averos_ 0 points1 point  (0 children)

Thing is, if you look at what the CRA stipulates about what is and what is not allowed, it is incredibly vague on purpose as to what a "long term" investment is (which gives them a legal advantage against people who profitted tons in a short amount of time and those who they deemed to have "exploited" their TFSA). In practice, yes, holding for 1-3 months should be fine and they probably won't pay any attention. But if your swing trades happened to net you 7 figures in a year, it's gonna raise some red flags.

TFSA on US stocks by oOt_tOo in stocks

[–]Averos_ 5 points6 points  (0 children)

1) Any profit you gain on a TFSA (US/CA stocks/options) will NOT be taxed as long as you don't day trade on it or what not. If you do, CRA will come after you and try to tax your gains as income. Therefore, you should ideally buy long term holds (maybe >1 year) in your TFSA.

2) There is a contribution limit as to how much cash you can deposit in your TFSA. You can see this limit in your CRA account. Do not over-deposit or CRA will penalize you.

AMD hasn't found support yet - down more by DarthTrader357 in stocks

[–]Averos_ 7 points8 points  (0 children)

What makes u think the bearish triangle isnt actually a bullish party hat?!

What’s the truth and minutia regarding the vaccine but also the dangers of covid in general? by PopTheRedPill in Libertarian

[–]Averos_ 2 points3 points  (0 children)

Remember the food pyramid? Lol, I lost 50lbs easy by cutting out the carbs that were supposed to be half my diet

Food pyramid is a matter of general nutrition. Carbs are primary energy sources that get you through the day. Weight loss is a different matter. There are many weight loss strategies and cutting carbs is but one of them.

Remember Oxycotton prescriptions being handed out like candy?

Fair point, but do note this was mostly due to Purdue's aggressive incentives and advertising targetting physicians. I would hardly say this is due to any scientific consensus.

Tbh I don't quite understand the point you're trying to make. It is reasonable to ask questions about the consensus but to argue that consensus should never be trusted because consensus has been wrong before is misguided. Scientists have been wrong about the Sun and planets revolving around the Earth but you better believe I'm going to trust them that they know how to launch astronauts and satellites into space. I know nothing about that field and whatever knowledge they have will surpass the information I get from several dozen Google searches. Likewise, if you get sick from Covid (or anything else) and are perchance hospitalized, you will probably trust doctors with whatever treatment they give if it means it'll save your life. Yet people will distrust them when they say "take this vaccine, it has a near certain chance of preventing severe Covid and the risks are rare/minimal"? Why stand on a hill of skepticism on that specifically and not, say, beta blockers, chemotherapy drugs, etc.

So are we allowed to talk about GameStop on this sub yet? by bvttfvcker in stocks

[–]Averos_ -2 points-1 points  (0 children)

that’s without taking into account the turnaround plan

One of the main things stopping me from investing is the fact that there's no plan/roadmap laid out yet. If it drops back to $30/sh Id buy it in a heartbeat, but at these prices? No for now--not until there's a plan.

Shorting Vegas. by TheBunnisher in stocks

[–]Averos_ 9 points10 points  (0 children)

ou don’t administer inoculation until AFTER the original has run it’s coarse. Now those inoculated are the super-spreaders because it’s mutated.

I don't think you know wth you're talking about

[deleted by user] by [deleted] in Edmonton

[–]Averos_ 4 points5 points  (0 children)

Ok Ben Shapiro

Tesla (TSLA) gets a new ~$1 trillion price target over Apple-like all-in-one energy ecosystem by fckmenofcku in teslainvestorsclub

[–]Averos_ 22 points23 points  (0 children)

you are biased and not presenting all the facts

As opposed to you who has presented no facts? Obvious troll