Quote:
Originally Posted by ASAP17
It's hilarious to me how desperate you are to have the last word, ok buddy you were right. Congrats on all your success in your forum predictions.
Ps- it didn't drop to $75 so that prediction was wrong on all counts
I insulted you a couple of years ago and you've been spurned girlfriend who can't let go, following me everywhere. I feel bad for you. People have even had to call you out for it until you stopped.
You do understand that predictions like that are made to generate discussion, right? If I have a no brainer or free money trade I mark it as such and people can follow and you can hold me to it. Apart from that I'm speculating. Hell, I even throw out crazy ideas to generate discussion from time to time.
I've been pretty spot on on most things. The only thing that's ever majorly stumped me is the strength of the Trump bull, which has taken everything higher rapidly. I knew Trump would do a lot for business and the economy (unlke most), but I didn't expect $7.5 trillion to be added in a year.
Most of the inflation in no-profit, no-prospects except for revenue growth, absurd P/E stocks have been high betas in a ripping market. Hold them at your peril - they deflate first when things go bad. And the valuations are getting truly absurd now. NFLX is well over half of Disney market with a fraction of the IP, no path to profits, and an absurd P/S, against a profit generating machine. Who by the way is going to start competing with them in a big way starting next year.
This is a smart time to get out. Could you miss out on 20%? Sure.