Stocks to Watch Thread

[bob2the2nd]

Can anyone break down what in the fuck Palantir Technologies ($PLTR) actually does or why they've been so controversial?

It's intriguing but I am just so lost with the technical lingo when I start reading about them.

no idea, what they do. But i own 20 shares

 

[KI4MVP]

no idea, what they do. But i own 20 shares

I bought some too, it's down 5.48/share since I bought it.

 

[bob2the2nd]

beat me too it.

stock market is going to explode tomorrow

@Huber.

Nailed it....

 

[Triplethreat]

my entire portfolio is like that.

Bizarrely the 1.9T stimulus is driving the market down.

Because we have injected an absurd amount of money into the markets.

Injecting more and taking on more debt is insanely risky to the value of our own currency. A loaf of bread could cost 15.00 next year at this rate.

 

[Lee]

Because we have injected an absurd amount of money into the markets.

Injecting more and taking on more debt is insanely risky to the value of our own currency. A loaf of bread could cost 15.00 next year at this rate.

Triple, you are 100% correct, in the last 15 years or so we have had some absurd market reactions, but historically you are correct.

Sam is kind of wrong, the market is acting correctly to the influx of money, he looks young and it doesnt seem he understands how it should.

 

[Out of the Rafters at the Q]

Inflation decreases the value of currency in relation to other things.

Besides commodities, or other currencies, shouldn't corporate ownership be one of those other things?

 

[KI4MVP]

Because we have injected an absurd amount of money into the markets.

Injecting more and taking on more debt is insanely risky to the value of our own currency. A loaf of bread could cost 15.00 next year at this rate.

lower value currency should mean higher priced stocks.

 

[Triplethreat]

lower value currency should mean higher priced stocks.

I'd suggest you read up a little on the past correlation between stock prices and inflation.

Not only that, we're not even to the point of being inflated, we're at the point where the consumer's fear is that we're headed in that direction... Causing the market to reverse it's original course.

Inserting another 1.9 trillion into the economy and onto our debt has people concerned. As they should be.

 

[KI4MVP]

GLSI up 98% today

They are in the news today "Over 3 million U.S. breast cancer survivors need safe and effective drugs to prevent metastatic breast cancer recurrence. The fact that our GP2 Phase IIb clinical data showed no breast cancer recurrences over 5 years gives me confidence that GP2 has the potential to save hundreds of thousands of lives and to return affected women back to normal and healthy lives."

https://www.oaoa.com/news/business/greenwich-lifesciences-hires-industry-expert-dr-jaye-thompson-to-manage-phase-iii-clinical-trial-for/article_f594d5d3-2f32-573b-88c0-b11ccc9fff60.html

 

[KI4MVP]

 

[Out of the Rafters at the Q]

If only the SEC had teeth, and the funding to do its job.

If only the IRS had the funding to do its job, and the ability to go after the big fish instead of auditing low-income earners.

 

[Hurl Bruce]

If Tesla goes down, is it because Burry has found a chink in the armor or will it because everyone has soon The Big Short and will react in a way that will knock Tesla's price down?

 

[Out of the Rafters at the Q]

If Tesla goes down, is it because Burry has found a chink in the armor or will it because everyone has soon The Big Short and will react in a way that will knock Tesla's price down?

I think it's more "Wow, look how many more clicks we generate if we attach Burry's name to something."

Same thing happened with Gamestop.

He's not a prophet. He's just a guy.

I do believe that Tesla is overvalued if you go off historical precedent. I think we've shed that skin though and are moving to a world where revenue streams approach infinite value.

 

[KI4MVP]

If Tesla goes down, is it because Burry has found a chink in the armor or will it because everyone has soon The Big Short and will react in a way that will knock Tesla's price down?

he’s going to lose his shirt betting against Tesla.

 

[Rich]

I'm on this AMC hype train baby.

It's flying. I'm up almost double.