Economy Stocks thread v28: in loving memory of Rob Mafia and Brackis1

lowlife said:
Have you looked at BBAI? It ran up pretty good the last few months. I think the expectation is that they'll be able to secure defense contracts due to the new CEO being Trump adjacent. I was looking at defense contractors in general for this year, but I'm not sure anymore.
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They are a smaller company that I’m not super familiar with.
 
Done some buying in recent days.

Ended up getting in on LMT like I said, at around $428 and $424. Also added to GOOGL at ~$182, URI at ~$702 and OXY at $47.6.
 
HOLA said:
Can’t give in to the FOMO bro. It’s trading at 540x earnings!
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It wasnt really FOMO, I watched an interview with that raggedy haired CEO of theirs on CNBC and he did a great job explaining what they were capable of and how they were positioned to keep winning in the future so I decided to jump in, literally the exact same thing that happened with HIMS and Crowdstrike, my gut instinct was right on both of those and I didnt stick with it so we'll see how she plays out this time...
 
Palantir’s valuation is almost as much as LMT and RTX put together

That is absurd
 
rearnakedchoke said:
Does that mean don’t buy or buy?
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If I had a business that made $1,000 a year, would you think it was a good deal to buy it from me for $540,000?

That’s an oversimplification of course, but you get the idea.

PLTR has a market cap of $262 billion and made just $310 million in operating income last year. LMT has a market cap of $102 billion and made $7.2 billion in operating income last year. That’s irrational, even if PLTR has a bright future.
 
HOLA said:
If I had a business that made $1,000 a year, would you think it was a good deal to buy it from me for $540,000?

That’s an oversimplification of course, but you get the idea.

PLTR has a market cap of $262 billion and made just $310 million in operating income last year. LMT has a market cap of $102 billion and made $7.2 billion in operating income last year. That’s irrational, even if PLTR has a bright future.
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Thank you! Great explanation. Just dropped the kids inheritance on PLTR!!
 
Pliny Pete said:
I bought into Palantir two days ago at $122, today it's at $95, perfect timing as usual
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Well it would've been a kindness had you warned me before you bought into PLTR but whatchagonnadonow?

Did you and @rearnakedchoke not bother to read the PS- stuff on my post of a couple of days ago?

All kidding aside it took a huge hit on the news of Tump talking about cuts, Karp, the funny haired dude selling shares worth $1.2 Billion or so after originally planning on selling $6 billion worth, and of course the Pliny effect giving it a kind of triple play of woe, worry and warts.

BUT having said all this, and after you go back and read that important PS- stuff....I would not panic sell now.

1st off Tump's cuts won't necessarily target them.

Second off Trump is friends with Peter Thiel, one of the co-founders and Musk might be too, which won't hurt

C- Palantir does exactly what they are talking about with DOGE, it makes giant masses of data easy to synthesize and make actionable and supposedly smart decisions including tactical battle field decisions which is what will matter as we go to more mechanized warfare.

4.5- They are ramping up commercial sales at a pretty good rate so if I'm wrong about 1, 2 & C, the damage might not be as bad as people are picturing.

so in short, I wouldn't have bought it when you did, but I would certainly hold it for a while if I still believed in the potential before I sold it as I did when I was down on it by about 50% or more. But this was a small money, take a flyer on it kinda stock for me so I could and still can afford to be wrong about it without it changing my lifestyle and I hope you both can say the same.

Throw a big pile in DJT for me, I still want to see that burn to the ground and I feel like it is gas soaked and a Pliny or RearNaked investment would be the match to set the most beautiful funeral pyre this rabbit could ever hope to see.

Please god let me know if you plan on buying APPLE or AT&T because if you Pliny those up it is really going to put a pinch on my heirloom carrot budget.

GOOD LUCK TOO ALL.
 
This $COIN sell off seems way overdone after delivering a crushing quarter. $250, I'm expecting a bounce from here back over $300 the coming weeks.

Looks like growth stocks are being hit a bit at the moment. Block maybe a buying opportunity?
 
toasty said:
Well it would've been a kindness had you warned me before you bought into PLTR but whatchagonnadonow?

Did you and @rearnakedchoke not bother to read the PS- stuff on my post of a couple of days ago?

All kidding aside it took a huge hit on the news of Tump talking about cuts, Karp, the funny haired dude selling shares worth $1.2 Billion or so after originally planning on selling $6 billion worth, and of course the Pliny effect giving it a kind of triple play of woe, worry and warts.

BUT having said all this, and after you go back and read that important PS- stuff....I would not panic sell now.

1st off Tump's cuts won't necessarily target them.

Second off Trump is friends with Peter Thiel, one of the co-founders and Musk might be too, which won't hurt

C- Palantir does exactly what they are talking about with DOGE, it makes giant masses of data easy to synthesize and make actionable and supposedly smart decisions including tactical battle field decisions which is what will matter as we go to more mechanized warfare.

4.5- They are ramping up commercial sales at a pretty good rate so if I'm wrong about 1, 2 & C, the damage might not be as bad as people are picturing.

so in short, I wouldn't have bought it when you did, but I would certainly hold it for a while if I still believed in the potential before I sold it as I did when I was down on it by about 50% or more. But this was a small money, take a flyer on it kinda stock for me so I could and still can afford to be wrong about it without it changing my lifestyle and I hope you both can say the same.

Throw a big pile in DJT for me, I still want to see that burn to the ground and I feel like it is gas soaked and a Pliny or RearNaked investment would be the match to set the most beautiful funeral pyre this rabbit could ever hope to see.

Please god let me know if you plan on buying APPLE or AT&T because if you Pliny those up it is really going to put a pinch on my heirloom carrot budget.

GOOD LUCK TOO ALL.
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Im not panic selling this time, I'm going down with the ship, just like George that one time when him and Jerry got that stock tip
 
Don't worry PLTR will recover. It has already run up significantly in the past year. It's a quality company. I started buying shares during its first week on the market in October 2020. I remember posting about it here back then, but not many people were familiar with it. I do have an under $20 average so I am not worried. In it for the long haul.
 
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Ugly day. Added GOOGL around $180, URI around $652, and IESC around $192.
 
Im not panicking...

tenor.gif
 
Added a bit more at various times this week. URI ~$625, MSFT ~$397, GOOGL ~ $172, IESC ~ $179.
 
As usual I do best in flat or down markets. I’m up about 10% YTD thanks to BRK.B etc all up good. Some of my smaller holdings getting their ass beat though.
 
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