What I Am Buying Today.

[divmenow]

(11-05-2021, 12:48 PM)fenders53 Wrote:

(11-05-2021, 12:30 PM)poneyboy Wrote: Wow MRNA down almost $75

This is why I don't invest in stocks like this. Too many wild swings. Looks like they want to take it even lower. Ouch

Here's the thing. No body even wants to take boosters expect for the really sick elderly. This entire thing will blow up.

Where did you all buy at? Hope your not under water.

I did add some SOFI and DKNG

Two more overpriced as hell stocks on fundamentals so don't get too critical.   The ones you are bashing are highly profitable.  You just bought SOFI and DKNG after they crashed. Timing might save you.

Here's the thing.  The stocks you bought today are still worth maybe 10 bucks on fundamentals where they launched, but probably less.  The story plays out or it doesn't.  They aren't making a dime of profit this year or 2022 and maybe 2023.  The companies themselves predict it will take them years to even dream of MRNA current profits.  Just keeping it real.  I have traded both of your stocks but I knew that I was flipping money losing hype and nothing more.  Maybe it works out.

Sorry but you triggered me throwing up two SPACs up 2-4X as some kind of sane valuation play.  There is a reason 90% of them skirted the IPO process.  It clearly wasn't because they wanted to pass on the big fee savings to the little guy.  MRNA actually has a PE that isn't infinity.

I agree. And DNKG and SOFI are not stocks I would personally own. Not to say they wont do good for you. Just not my kind of investments for me.

Now regarding MRNA. You just have to ask yourself. What else do they have in the pipeline other then Vaccines? Well they have a lot but are only in stage 1 or pre-clinicals development. So this company right now is priced for Covid and nothing beyond. And I am hearing we are near the end of the pandemic so. It has also ran from $20 since the pandemic started, so think about that and the run it's had lol

But they will probably take it back to $300. So just maybe adding ay $210 this morning wasn't a bad idea. I should have bought 1 share for fun 

BTW if you win on those $300 calls I will buy you a few rounds