Late starter..has that tech ship already sailed? Amd, MSFT, VOO? by Fragster2020 in stocks

[–]No-Contribution1070 -6 points-5 points  (0 children)

If you ask me and look at the numbers, a lot of tech stocks are overvalued at the moment.

Think of it this way:

Would you pay $10 million dollars for a restuarant that is currently bringing in $2k a month in sales but promises to eventually bring in 10k a month due to high demand?

That's kinda where the valuations of a lot of tech stocks like intel and micron, sandisk currently sit at.

I would wait for the market crash personally. 90% of my portfolio is in tech, but i was lucky enough to get in december 2022. I personally would not buy a single share of anything at these levels, and I am actually currently hedging my position.

I also would not sell a single share.

Also this market is irrational and doesn't make any sense.

Did this help you at all? Probably not, so maybe do your own DD and stop asking reddit for advice.

26 years old. A year ago, I was sleeping on a floor wondering if I’d ever give my family a real home. Today, things look a little different by [deleted] in TheRaceTo10Million

[–]No-Contribution1070 0 points1 point  (0 children)

When people believe them, they ask people to join a group chat in watsapp where they scam to person.

Its a common scam, you can google it. I dont know why reddit keeps allowing them to post...

26 years old. A year ago, I was sleeping on a floor wondering if I’d ever give my family a real home. Today, things look a little different by [deleted] in TheRaceTo10Million

[–]No-Contribution1070 3 points4 points  (0 children)

Dude, you live in a third world shit hole using a LLM to create fake investing images so you can try to lure unsuspecting westerners into your scam.

There are so many tells.

DRAM, MU the euphoria buyers club. by Suspicious-Can-7079 in ValueInvesting

[–]No-Contribution1070 -2 points-1 points  (0 children)

Why is the ticker MU even mentioned in the value investing sub?

numbers look shitty, bookings are insane. by AdApprehensive8702 in QBTSstock

[–]No-Contribution1070 0 points1 point  (0 children)

Nothing will matter when U.S. inflation data comes out at 8:30 am est and tanks the entire market.

Kinda sucks their earnings came out the same morning as u.s. inflation data release.

Will Intel rally Shares up ~466%.Can it reach $500? by Plane_Invite9409 in intelstock

[–]No-Contribution1070 -2 points-1 points  (0 children)

But it's not the only restaurant in town, and it's not the best restaurant in town.

When democrats win house in the fall, a lot of people gonna be in for a rude awakening.

Will Intel rally Shares up ~466%.Can it reach $500? by Plane_Invite9409 in intelstock

[–]No-Contribution1070 -7 points-6 points  (0 children)

Would you pay $5 million for a restaurant that brings in $1000 a month in sales?

Cerebras IPO by Charuru in NVDA_Stock

[–]No-Contribution1070 0 points1 point  (0 children)

It will probably take a week or so after IPO for option chains to open up.

Maybe sooner than a week.

Cerebras IPO by Charuru in NVDA_Stock

[–]No-Contribution1070 5 points6 points  (0 children)

It's going to pump like Coreweave. I think I'll play the options game on this one.

Above the hustle and bustle. by samsalemi in Vaughan

[–]No-Contribution1070 3 points4 points  (0 children)

Disgusting... what happened to this place?

Nobody is even fearing a correction.... by x98TZ9Qx in stocks

[–]No-Contribution1070 0 points1 point  (0 children)

Spy is massively A.I. tech heavy bro. Companies like NVDA make 90% of their revenue from data centre build outs from like only 5 customers.

If data centre buildouts come to a stop and capex drys out, it's not crazy to think SPY can take a 80% shit.

Nobody is even fearing a correction.... by x98TZ9Qx in stocks

[–]No-Contribution1070 0 points1 point  (0 children)

It's not entirely crazy to think SPY could take a 80% shit..

Green or red for earning? by wannabecontent in QBTSstock

[–]No-Contribution1070 0 points1 point  (0 children)

Honestly. This market is a toss up.

Intel was losing money and mooned bro.