OT: Stock and Investment Talk
- Thread starter RU-05
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I've had an order out for it way lower than what it's been trading and have been wondering if it would come to me on the market drop or bad earnings from other areas and it hasn't but now I think it will get filled tomorrow. This is why I'm patient and wait and don't chase. If it doesn't come to me so be it but if it does I'm happy to own it and buy more if it drops more.
Guidance was lower than expected and growth numbers not impressive. Mind you it's not a high PE stock but it's getting punished like one. I have an order for it out for awhile way lower and I expect it to be filled tomorrow and I'll be fine with that.
QCOM rallying back as people get a chance to read the report and think. LOL.
FB gotta be looked at tomorrow.
Anything can always get cheaper and the sentiment of the market isn't that great either.
Haven't had a nice buying day in a week or so. Working on a few positions.
T Mobile strong as well today. Earnings have been strong and helped pop the market.
Which is partially why you can't say the low we saw earlier was THE bottom but just maybe a short term bottom. Nasdaq finally closed above the 200DMA but this FB news will likely take it back down below the 200.
They just mentioned it on Fast Money and what I was looking at as well when I put my way low order in before. It went down about 20% on a bad earnings report but kept going down more after. It ended up being a 44% drop peak to trough for FB. I don't know that it would drop that much but part of what I was thinking in how it could drop a lot if earnings didn't come through.
FB holding at 22% down. SHOP was down 23%, but has leveled off at 8% down based on the call.
This is one of the strangest markets I can recall in last 20 years. Amazon will be interesting.
I’ll take strange over scary (the 2008 crash) any day of the week and twice on Sunday lol. But both can offer opportunities to pick up things.
I really can’t say I am that surprised. high flying equities were priced beyond perfection. Highest P/Es since the dot.com bust.
I've been in on both PYPL and FB the past couple days.
Also own AMZN. A little bit scared.
They've been getting obliterated. After what was an amazing run. Maybe it balances out.
FB dropping 20% in after hours is pretty surprising. This was supposedly THE value mega cap.
It still is. People are being overly emotional. The rev, earnings, and growth are still stellar.
AMZN could go either way but I wouldn't be confident in it like you could have been in the past.
There are opportunities for trades and long term buys as well when things are going down. The crash was scary but like I say if you stick in high quality names at reasonable valuations, even when things are scary, they often will eventually come through for you in the long run. If things are more volatile then widen your buy points, dividends especially ones that grow can provide a back stop of sorts too.
Growth wasn't so stellar...I think they guided 3-11% and revenue guidance was also below expectations. Some think that will be on the lower end. Mind you even if growth isn't great, it wasn't highly valued so don't know that it should get beat up this much. It's about 18 times forward eps where it's trading after hours...take it to the low 200s (pre-pandemic levels) and it's about 15 times. I don't think either is an unreasonable valuation though.
This quarter's yoy growth was solid and they are likely to hit double digits again in Q1 and beyond. Not much to complain about when you are logical.
Apples and oranges. P/Es are less important these days vs PEG. Can't compare to "historic" norms.
It’s still up 50% over the last two years. Look at the chart and you can see that it got out of whack; like many others.
Lol, If earnings are great, (most companies are beating their targets), why are stocks getting HAMMERED. It’s not just interest rates increasing (rates will remain historically low), it’s the valuations vs. earnings that got out of whack. We heard the same thing 22 years ago. They justified the crazy prices back then by saying it’s the “new economy”, and that stocks are now priced differently. It always comes back to earnings my friend.
Funny thing, I don't remember you posting after GOOGL earnings? LOL.
Hammered? The S&P is about 4% off ATH. Double LOL. Stop being so scared. I know 1999/2000 scarred you, but get over it.
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Don’t forget to get you some MSFT. I got my average cost down to $307.46 so I really did miss the bottom but at least I’m back to being in the green. Now I hope I can HODL in peace… while watching some big stocks bounce all over the place. Only reason I bought it was I was tired of getting 50 basis points in an online savings account.
And the high flying NASQAQ will open up tomorrow at about 14,000; 13.5% below its high. Also, there are many tech stocks down over 50%. They were way overpriced and they are getting HAMMERED!!!!
Oh woe is me, 13%. Oh my goodness gracious. We are doomed! This has never happened before. The Daq is down and will never go up. LOL. What happened that scared you so much?
You earned it. Owe it:
FB's P/E at closing, so before the earnings call and before the 20% drop, was lower than it was pre covid dip.
This is not a story of valuations getting out of whack.
Now those stocks you are correct. Those valuations were out of whack.
FB does not belong in that group.
Oh woe is me, 13%. Oh my goodness gracious. We are doomed! This has never happened before. The Daq is down and will never go up. LOL. What happened that scared you so much?
You earned it. Owe it:
Current prices (after hours) versus the ATH. With most of the drop since November 2021.
zoom -68%
ARKK -56%
FB -35%
AMZN -23%
PYPL -58%
NVDA -30%
SQ -63%
NFLX -40%
ADBE -25%
TSLA -29%
SPOT -54%
RBLX -55%
DOCU -61%
Zillow -77%
SOFI -58%
HOOD -83%
PTON -83%
PLTR -71%
DASH -60%
DKNG -71%
CRWD -42%
COIN -58%
Biogen -62%
RIVN -65%
TDOC -76%
ROKU -69%
TWTR -57%
And there are many others.
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