%% LIKE an older RE agent told me once+ laughed about it ''People buy anything'' They pay up even more with a mountain view/water view/waterfront lot or + bull market.................................................................................... Some pay up even more when they do business with people they like; good thing for me + others , never was the low bid almost never, in my business . Good moves in SPY + spxu/SDS
%% NEVER did buy\ or even want to buy GME[even in hindsight] even though strange chart . I never did care much for that sector + Peter Lynch principal , empty GME local sore LOL Plus the management[unknown on GME] of any co can make a super difference ; doesnt mean they will, but they can. Midcaps can grow better-faster , but that'$ real general LOL
I'm not sure I understand that. When I used to play poker (a lot), there were always these self-declared poker pros who would get up from the casino table and leave when ever some new guy(s) would start to play recklessly at the 10 or 12-player tables. They'd moan and groan how they were not going to play at the table anymore while a total newb who didn't know what he was doing was playing like an 'idiot'. Umm, hello. It doesn't get BETTER than that. What else were you possibly waiting for?
I realize predictability is relative when talking about the stock market but some stocks are just so far off the chart in that respect I'm not interested in messing with them. I'll leave those to the more adventurous,daredevil minded traders.
$0.50?! Quit applying the rule of 40 when it doesn't apply. Divide that figure by 4 if you want a more realistic valuation. And then do it again for an "after the dust settles" figure that gets down to the real valuation. Politics aside, a business is a business is a business.