What Did You Buy Today?

[EricL]

(01-20-2021, 11:29 AM)kblake Wrote:

(01-20-2021, 10:03 AM)EricL Wrote:

(01-20-2021, 09:59 AM)Otter Wrote:

(01-20-2021, 09:50 AM)EricL Wrote: In my trading account I trimmed 25% of my DG position and used the proceeds to start a new position in NNDM.

DG is one of those stocks that I really want to own, and never can find what I consider to be a good entry price, as it always seemed overvalued . . . then it keeps going up. 

I guess I have made PLTR my own personal overvalued stock purchase. 

I watched DG for a couple years waiting to buy because it was always expensive. Finally bought in August of 2016 and it's gone up 150% since then.

I think the estimates for 2021 are way too low considering the stimulus that just passed and the expected $1400 round to come yet again.

They are building new stores like crazy in every small town in rural America, where there is little competition and population that shops at these types of stores. I think the long-term growth story remains compelling.

DG is not expensive at all trading at 20 x next years earnings.  They keep expanding and growing. Selling DG will be a mistake. I actually just added more under $204. This stock will be $300 and you will wish you held. You sell a great stock for a company like NNDM who just did there 2nd offering 

NNDM is up 25% in two days since I bought.

Not a bad start...