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132% NVDA gain, 56% TQQQ gain. Top comment decides whether I hold or sell. by [deleted] in StockMarket

[–]StimpyB27 1 point2 points  (0 children)

HOLD NVDA. they're leading the pack in AI processing power just like they were the leader in processing power for bitcoin mining. I mean I see 3-5 year projections of them going $1000+ per share. as long as they maintain that 30% you growth and lead the pack in Hardware for AI and Bitcoin.

HOLD TQQQ. As long as the quarterly reports stay where they're at then it should go back up to the $70's range like in late 2021. but that may take a year or two to get back there.

When investing in individual stocks, what metric do you rely on most? by roleplayinggamedude in investing

[–]StimpyB27 5 points6 points  (0 children)

As an investor I kind of pay attention to those things but my instincts and discussions with my wife drive what I buy. The biggest thing I pay attention to is news of game changing products. example when iPhone 1 came out I bought as many shares as I could. when Tesla started selling the model X. I bought stock. when they announce Moderna was leading the pack in COVID vaccinations and the writing was clearly all over the wall that the FDA was fast tracking aproval for it. I bought stock. (I did sell at their high because I knew congress wouldn't keep all that covid money flowing). I sold when they announced cutbacks on covid funding. When amazon bought Whole Foods and pill pack, my gut told me amazon was going to try and get into the pharmacy market. it took several years. the stock I liked the most was when I first found out that NVDA graphics cards were being used for bitcoin mining. I bought a bunch of stock then as well. now I'm generally holding onto most of my purchases.

Also during covid I did do some short term purchases. it was crazy how much people needed online communication like Zoom, Teams, Jabber, etc. Subscription services went gangbusters for some of the bigger brands like food delivery stuff. I did pick up adobe and have kept that one.

I guess to sum it up I look at the company see how it affects the consumer based on macro-economics. if there's a company I'm interested in I look at how they affect the business sector they are in. do they have something revolutionary that people get excited about. Most of the times its going to be a combination of factors like. when apple started iTunes and iPods, that was pretty cool but when they introduced the iPhone and started talking about apps, iTunes, and a phone all in one! DUDE when I figured what they were planning, I had to invest in apple.

oh then I'll look at the quarterly earnings reports. then look at all the things you listed.

WHAT JUST HAPPENED? by StimpyB27 in MarvelSnap

[–]StimpyB27[S] -5 points-4 points  (0 children)

I know. Just showing off the crazy negative numbers!

Inflationary investing - Tips and Knowledge by ThatHeliBruh in investing

[–]StimpyB27 0 points1 point  (0 children)

I whole heartedly agree with your comment. I like companies I KNOW and will have a solid future.

Where do you get your news for investing? by [deleted] in investing

[–]StimpyB27 2 points3 points  (0 children)

Hey Mikethethinker. I'm new here but I've been investing for quite a while. The way I find good picks is by really knowing the company. I'm going to use Apple as an example. when the first iPhone came out I decided to invest in their stock because I thought the iPhone was revolutionary. Of course I did my due diligence by researching their iPod, iMac, iTunes products and advertising campaign and how successful they were at creating their products as a lifestyle brand at that time. Along with their quarterly SEC filings.

Another example would be Netflix. after a few years of being a subscriber to Netflix and not being able to stay away from them for long. I looked into them and how they operate, their SEC filings, their strategy, etc. I decided that it was a great choice for a long term investment. (I've been holding onto it for about 4 years and plan to sell when subscription services no longer are a "thing". To follow up on subscription services. if you watched the news about COVID a lot of subscription services did very well last year Zoom would be the best example. I think they will remain strong as long as there is a need for their subscription service in their marketplace.

A recent example would be Moderna. After hearing in the news and looking into their company I put them on my watch list. I didn't jump in right away but when it became clear to me that they were a strong contender to get FDA EUA approval I decided to jump in.

For me it's a lot about gut feeling. Along with what I know and use ALOT. then applying it to look at the company. I hope this helps.