(01-21-2021, 01:05 PM)kblake Wrote:

(01-21-2021, 12:56 PM)fenders53 Wrote:

(01-21-2021, 12:41 PM)divmenow Wrote:

(01-21-2021, 10:39 AM)EricL Wrote:

(01-21-2021, 10:34 AM)divmenow Wrote: F and GM breaking out. Who would have thought lol

I added CGC and UPS

Can someone please explain this EV hype train to me?

F & GM makes little money on every car sold, they make up for it with profits from their pickup truck sales.

The auto business is a highly cyclical, highly competitive, and low margin business.

Why will that still not be the case with EV's? Are they magically more profitable for car makers than ICE cars are?

Most are notprofitablle yet. Investors today are buying EV stocks in expectation of future profitability as the world's auto fleet transitions away from fossil fuels. Excitement in the sector isn't necessarily unfounded. Electric vehicles really are a growth market.
"When it comes to renewable energy, this is not something that happens years in the future. It's happening today," Already, about one in 40 new cars is electric. But that number grows every year, and 20% or more of all new car sales will likely be electric by 2030.

So the growth is real and I believe we are getting in at the ground level here. Not to mention Biden is in favor of this sector. So the president is in their corner. 

They are a ton of names to buy in this industry, but like all industries you have to be selective. 

I agree with your EV growth thesis but I think the ground level was 75% ago.  It takes some creative financial mental gymnastics to think todays prices are cheap for most of the EV names.  (Eric already explained why).

I agree with your points. And even know they have run, they have a long way to go.  Look how much tech has run up. Many of those companies are trading at 50-100 x next earnings and many don't even have earnings. Same with BIO's. Most bios are making - minus 2$ in earnings or worse and yet they still reach high levels. This is not like the old days. The market looks ahead and rewards those companies that have a bright future and are good for the economy. 

EV companies will soon be in the black and these levels there trading at now will look like bargains. I strongly believe that. 

Don't be jealous because you think you missed the boat 

(01-23-2021, 01:00 PM)rayray Wrote:

(01-21-2021, 01:05 PM)kblake Wrote:

(01-21-2021, 12:56 PM)fenders53 Wrote:

(01-21-2021, 12:41 PM)divmenow Wrote:

(01-21-2021, 10:39 AM)EricL Wrote: Can someone please explain this EV hype train to me?

F & GM makes little money on every car sold, they make up for it with profits from their pickup truck sales.

The auto business is a highly cyclical, highly competitive, and low margin business.

Why will that still not be the case with EV's? Are they magically more profitable for car makers than ICE cars are?

Most are notprofitablle yet. Investors today are buying EV stocks in expectation of future profitability as the world's auto fleet transitions away from fossil fuels. Excitement in the sector isn't necessarily unfounded. Electric vehicles really are a growth market.
"When it comes to renewable energy, this is not something that happens years in the future. It's happening today," Already, about one in 40 new cars is electric. But that number grows every year, and 20% or more of all new car sales will likely be electric by 2030.

So the growth is real and I believe we are getting in at the ground level here. Not to mention Biden is in favor of this sector. So the president is in their corner. 

They are a ton of names to buy in this industry, but like all industries you have to be selective. 

I agree with your EV growth thesis but I think the ground level was 75% ago.  It takes some creative financial mental gymnastics to think todays prices are cheap for most of the EV names.  (Eric already explained why).

I agree with your points. And even know they have run, they have a long way to go.  Look how much tech has run up. Many of those companies are trading at 50-100 x next earnings and many don't even have earnings. Same with BIO's. Most bios are making - minus 2$ in earnings or worse and yet they still reach high levels. This is not like the old days. The market looks ahead and rewards those companies that have a bright future and are good for the economy. 

EV companies will soon be in the black and these levels there trading at now will look like bargains. I strongly believe that. 

Don't be jealous because you think you missed the boat 

FWIW, I don't chase anything, however statements like this always get me nervous "This is not like the old days" another that puts up a big red flag for me (not said here but heard often) is "But it's different this time"  It's never different, good companies and profits always pay out, eventually you will be rewarded--it might take years but it will happen.

I've bored myself right into a 7 figure portfolio, I did nothing extreme and nothing special but stayed the course.

(01-23-2021, 05:50 PM)fenders53 Wrote:

(01-23-2021, 01:00 PM)rayray Wrote:

(01-21-2021, 01:05 PM)kblake Wrote:

(01-21-2021, 12:56 PM)fenders53 Wrote:

(01-21-2021, 12:41 PM)divmenow Wrote: Most are notprofitablle yet. Investors today are buying EV stocks in expectation of future profitability as the world's auto fleet transitions away from fossil fuels. Excitement in the sector isn't necessarily unfounded. Electric vehicles really are a growth market.
"When it comes to renewable energy, this is not something that happens years in the future. It's happening today," Already, about one in 40 new cars is electric. But that number grows every year, and 20% or more of all new car sales will likely be electric by 2030.

So the growth is real and I believe we are getting in at the ground level here. Not to mention Biden is in favor of this sector. So the president is in their corner. 

They are a ton of names to buy in this industry, but like all industries you have to be selective. 

I agree with your EV growth thesis but I think the ground level was 75% ago.  It takes some creative financial mental gymnastics to think todays prices are cheap for most of the EV names.  (Eric already explained why).

I agree with your points. And even know they have run, they have a long way to go.  Look how much tech has run up. Many of those companies are trading at 50-100 x next earnings and many don't even have earnings. Same with BIO's. Most bios are making - minus 2$ in earnings or worse and yet they still reach high levels. This is not like the old days. The market looks ahead and rewards those companies that have a bright future and are good for the economy. 

EV companies will soon be in the black and these levels there trading at now will look like bargains. I strongly believe that. 

Don't be jealous because you think you missed the boat 

FWIW, I don't chase anything, however statements like this always get me nervous "This is not like the old days" another that puts up a big red flag for me (not said here but heard often) is "But it's different this time"  It's never different, good companies and profits always pay out, eventually you will be rewarded--it might take years but it will happen.

I've bored myself right into a 7 figure portfolio, I did nothing extreme and nothing special but stayed the course.

This is what makes the forum fun.  DGI stocks are real snoozers sometimes lol.  We are here everyday and there is some banter.  I consider it friendly anyway.  Based on what I read here nobody is losing any money lately.

All that said, Kblake sure drank the EV Kool-Aid didn't he?  They are worth infinity as long as they grow some sales next year. 

(01-24-2021, 12:39 PM)fenders53 Wrote: It's all good and differing viewpoints make the place useful. I keep it to a minimum but this is one of those times when some risk on has been lucrative. Reality is many of what we are calling safe are also overvalued now. Whatever week the market pulls back will be painful. Our other option is to tell each other every stock is a winner. That hasn't been far from true lately but it doesn't last.

(01-24-2021, 01:03 PM)vbin Wrote:

(01-24-2021, 12:39 PM)fenders53 Wrote: It's all good and differing viewpoints make the place useful.  I keep it to a minimum but this is one of those times when some risk on has been lucrative.  Reality is many of what we are calling safe are also overvalued now. Whatever week the market pulls back will be painful. Our other option is to tell each other every stock is a winner.  That hasn't been far from true lately but it doesn't last.

You are absolutely correct fenders. When every Tom and Jerry starts giving you stock advice arround you, it's time to be scary and that's what I have noticed recently, lol. I think it's not a bad idea to ride on the momentum train or try out something new outside the div growth philosophy but be cautious and play with what someone is ready to loose.

(01-24-2021, 09:51 PM)fenders53 Wrote: I get the feeling this thread flared up because Ray was coming to my defense.  He isn't on the forum all that often and I'm not sure he realizes we enjoy good natured sparring on this particular thread.  Most of the regulars on this thread do mix up the ports as Kblake implied.  We really can't see each others ports.  Most of my port is in fact conservative, but over the past 3-6 months I've ran with some Momo.  ROKU, FSLY, JMIA, some gun stocks, the renewables stocks, and a few tiny tickers I don't even recall at the moment.  I don't think I have lost money on anything speculative in quite some time.  The market is "risk on" and has been for basically 10 months.  A chimp could make money.  Keeping a few specs in play most all the time is enough for me.  I will try some genomics, space etc soon.  My accumulation phase is basically complete.  I'd be just fine forever with a 3-4% return.  I can log off the forums and accomplish that just fine.  That sounds kinda boring so I think I will stay here and argue about valuation with whomever cares to discuss it.  

Over half of todays high flyers will melt down.  This time isn't different.  You're only wrong if you are foolish enough to invest most of your port in them exclusively.  I don't think the market will crash this year, so it probably will.  I don't intend to get destroyed whenever it does come.

(01-24-2021, 10:06 PM)divmenow Wrote:

(01-24-2021, 09:51 PM)fenders53 Wrote: I get the feeling this thread flared up because Ray was coming to my defense.  He isn't on the forum all that often and I'm not sure he realizes we enjoy good natured sparring on this particular thread.  Most of the regulars on this thread do mix up the ports as Kblake implied.  We really can't see each others ports.  Most of my port is in fact conservative, but over the past 3-6 months I've ran with some Momo.  ROKU, FSLY, JMIA, some gun stocks, the renewables stocks, and a few tiny tickers I don't even recall at the moment.  I don't think I have lost money on anything speculative in quite some time.  The market is "risk on" and has been for basically 10 months.  A chimp could make money.  Keeping a few specs in play most all the time is enough for me.  I will try some genomics, space etc soon.  My accumulation phase is basically complete.  I'd be just fine forever with a 3-4% return.  I can log off the forums and accomplish that just fine.  That sounds kinda boring so I think I will stay here and argue about valuation with whomever cares to discuss it.  

Over half of todays high flyers will melt down.  This time isn't different.  You're only wrong if you are foolish enough to invest most of your port in them exclusively.  I don't think the market will crash this year, so it probably will.  I don't intend to get destroyed whenever it does come.

I think we’re all pissed because Brady is back in the Super Bowl again ?

And I’m selling everything tomorrow because Fenders has me spooked now ?. I’m buying some properties in my area and will rent them out. And a few classic cars. I made enough in this market anyway. Time to enjoy it now before it’s all wiped out when the short sellers come in lol ?