OT: Stock and Investment Talk
- By T2Kplus20
- Rutgers Football
- 33265 Replies
Good to see you are having fun with BTC. GEV's fwd PE is still about 100. Excessive? :)Never owned gold; I invest instruments and companies that cash flow (except for my fun gamble on a bitcoin ETF that I purchased last January.l). I’m not a bear, but I don’t generally hold on to stocks where the valuation looks excessive, and buy when everyone else is selling (example, sold NVDA last week at $146 and bought yesterday at $123; and GEV at $322 this morning).
I stepped out of GEV yesterday for now, made a lot, happy to jump back in sometime soon. Maybe calls? Great company, but definitely a narrative stock right now. Still own a few other power infrastructure plays since our needs will only increase in the future.