ABW Stock Exchange: All Things Investing

Inori said:
Curious if you see this as a short term flip or a long term hold
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Definitely short term

Like I said, I think this is Trump’s next pump and dump scheme that may not have much actual substance behind it, a la his deal with Kodak.

There’s no way a working vaccine will be ready before election but it’s also clear they will announce one is ready.
 
ChicagoFigure said:
My whole portfolio is down 10% ?
8.75% of that is within the last week alone
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Shits disgusting. Im looking like that too. Thats why im gonna buy more so I can turn a profit quick and not have to wait a month or two for the recovery.

Cause the way its looking, tesla might dip 25 to 30% since its all time highs from last week, and depending how far it actually falls, idk if it can recover it all this year.

Granted it doesnt turn it around and end positive today that is.
 
AZTG said:
Shits disgusting. Im looking like that too. Thats why im gonna buy more so I can turn a profit quick and not have to wait a month or two for the recovery.

Cause the way its looking, tesla might dip 25 to 30% since its all time highs from last week, and depending how far it actually falls, idk if it can recover it all this year.

Granted it doesnt turn it around and end positive today that is.
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Idk if I even wanna buy right now or wait to see if it dips more. I'll be salty af if Apple drops so low I could've bought 2 shares for my average price
 
ChicagoFigure said:
Idk if I even wanna buy right now or wait to see if it dips more. I'll be salty af if Apple drops so low I could've bought 2 shares for my average price
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Facts. Im feeling the same. Once I buy today, itll be real hard for me to buy again this month. And if the drop continues, ill be mad as fuck I bought when I did
 
Sion said:
I want to buy things I know I can at least double my money on within 3 years and not because "well everyone is doing it". I also want investments that are easy to spot and will allow me to do the least work. Can apple double its market cap in that same time period and become a $4 trillion company ? Seems lofty , I think it's possible I could get 20-30% but what's another way I could get Apple at a better price ? In my view I'm thinking by buying Berkshire Hathaway because for a far lower price/valuation I can also get Heinz, insurance, BNSF, Lubrizol, a chunk of Coca-Cola, American Express, energy and a lot more. As well as excellent management of Ted and Todd (no disrespect to Buffett).

I avoid investments where I dont have a clear margin of safety and have to rely on how others "feel" about them in order for them to rise. Without question Apple is a great company but at this valuation I think I'll wait for the next downturn however long that might be.
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Appreciate the break down bro
 
Tesla scares me because if you remove the last calendar year their stock price really hasn’t gone up much, been between $40-70. Why the big change? Space X and general Elon hype? The Apple growth curve seems more sustainable somewhat but I think Microsoft is the better pick.
 
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