YesOriginally Posted by dawg80
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Yes
Ah yes! the now, "tried and true" disrupters! It is true companies like Amazon, itself, would have...and did...fly under the radar. But "the time tested assumptions" methodology has absorbed that factor and such analysis now includes the possibilities. Well, actually it has always been a considered factor, such is the T in the old SWOT analysis. But, it's not accurate to say the "time tested assumptions" can be cast aside. As with all matters, especially in the world of business influenced by technological advancement, proper analysis has always considered and factored-in "disruptions," even if not having a perfect track record of identifying the specific "offender," i.e. an Amazon.
I also used to own a couple US multi-state operators, but took profits. Might get back in at some point...
Nope! neither. Went with some penny-stock offerings, with promising financials. Figured if I were entering a new sector (for me) I would throw in with some other interlopers. Maybe we'll ride it up together.
Crypto expert David Zeiler has not issued a "buy" recommendation to his followers for Coinbase (COIN)...yet. But will. He was interviewed by the on-line investing mag Monday Morning and says the price, the true valuation, has not "settled" yet. It is true Coinbase's 1st qtr earnings were a surprise, crushing predictions $86 billion vs. $18 billion, but most pundits say that is not sustainable as competitors enter the sector. Of course, as some of us know, there is a huge difference between the valuations of the business and the market cap created by the open market of stock-buyers. A stock price of $350+ might be a fair valuation if the sector conditions remain as is and Coinbase remains as the, BY FAR!, largest supplier of the exchange services and as a result can continue to charge ridiculous prices for their services such that their current monopoly allows. But those conditions are rapidly changing and Coinbase's market share will begin to erode just as rapidly.
COIN may be a good short-term play, according to Zeiler. It will take some time for competitors to get their feet on the ground and start capturing market share. The two biggest competitors, currently, Kraken and Gemini, are already making inroads and the one to watch, says Zeiler, is Uniswap. Also, deep pockets, like Elon Musk, are floating ideas of breaking into the sector. Long time game-maker Atari already has.
Zeiler thinks COIN could reach $600/share before the end of 2021...possibly, but 2022 will offer stiff challenges. He still has not settled on a good entry point, so one has to assume that will be below $300.
FWIW
The upside for COIN involves the creation of new businesses that can be sold on/leverage the platform.
You might want to do some DD on AMC and jump in at these $10ish levels. I don't think you can lose as AMC is a legit $15-20 stock based on its own merits (fundamentals), but there is a big squeeze on, much like GME. Check it out for yourself.
Full disclosure: I do hold some AMC shares at this time.
COIN is steadily dropping... down to $293 at last check today...it's finding its way to its true valuation, just like I said it would. Yeah, there are "market makers" who stand to lose a lot and are manipulating the price with fake trades. But that only delays the inevitable. I have read several articles the past couple of days and the new "settling price" is about $100. One bigtime investor, who also has his own blog just posted, "wake me when COIN hits $100, then I will start paying attention to it."
Timber!
On the cutting edge of a revolution...
How Do Hedge Funds Manipulate The Stock Market? - Franknez.com
Retail investors have been getting screwed for decades, but that is beginning to change.
I am in AMC and will not sell, and will add more in dips, to do my part to support the revolution.
Lying, media manipulation, etc. Sounds more like the dem party and mainstream media than the stock market (maybe they are one in the same in some instances). Information appears then disappears like a Stacey Abrams Major League baseball article.
Interesting read.
Warren Buffet, the old fossil, is bashing anything and everything that seeks to strip some of his establishment advantages. He has attacked Robinhood and Reddit and is now whining about SPACs. Hey Buffet, you don't like those, don't participate! It's that simple.
Of course, he backed the Harris-Biden ticket and other libs just to kill oil pipelines so as to benefit his railroad that stood to lose $millions it transports in barrels. One of his trains jumped the tracks a couple of years ago and spilt more oil in that one accident, that one incident, then ALL oil pipelines leaks combined!! Yet, it is pipelines that are not safe to the environment... Always follow the money.
Back to the first point. Robinhood et al is giving retail investors a voice in the market. The SOBs who "market make" with naked shares and all their shenanigans have cost average retail investors many, many $millions over the years. Way past time to level the playing field. And yeah, azzholes like the Citadel fight dirty and still hold most of the cards. It's an uphill fight for retailers, but it at least it's fighting the good fight.
Charlie Munger, Buffet's right-hand-man, called Bitcoin "disgusting and a threat to civilization." Yeah, the cryptos have their concerns, but "disgusting?"
All of that is what makes a market. When everyone is finally all in on crypto, that will be your sell signal.
Yep, agreed, the market has a lot of moving parts. Or, it is like water...it seeks its own level. Not for the faint of heart...
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