Sanrith Descartes
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Investing General Discussion
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Asshat Foler
Log Wizard
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Bought NVDA, AVGO, AMD, MSFT today. Small positions that I will add to. Added more to my SOUN position yesterday. Going all in on AI. Bring on the bubble.
My little birdy told me “RKLB just closed GEOST acquisition. They are going in on golden dome 100%. RKLB already has a $580M contract with the SDA so that puts their foot right in the door.”
Just sitting on my RKLB position. Don’t think I’ll add to it for quite some time unless there’s a significant dip - too many other positions I want to add to first.
My little birdy told me “RKLB just closed GEOST acquisition. They are going in on golden dome 100%. RKLB already has a $580M contract with the SDA so that puts their foot right in the door.”
Just sitting on my RKLB position. Don’t think I’ll add to it for quite some time unless there’s a significant dip - too many other positions I want to add to first.
Rangoth
Vyemm Raider
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I keep hearing about SOUN, I may look into a long position there. RKLB is always a safe bet if you are playing a long game. It does have some rough swings though.
Today I picked up some monthly calls on LLY as I feel it's beat down. Up about 2-3% so going to hold this for a few days or until -10% to give it some legs.
Today I picked up some monthly calls on LLY as I feel it's beat down. Up about 2-3% so going to hold this for a few days or until -10% to give it some legs.
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Khane
Got something right about marriage
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Soundhound is *probably* one of those companies that has a good, old fashioned software product that is leveraging AI somewhere on there own backend and is essentially lying that their product is AI. This is almost definitely the case with like 99% of these "AI" companies.
These companies will probably boom and eventually bust much like all the dotcoms of the late 90s. But there's definitely gonna be a boom and I think its only getting started.
These companies will probably boom and eventually bust much like all the dotcoms of the late 90s. But there's definitely gonna be a boom and I think its only getting started.
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Sanrith Descartes
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All of the "blockchain" companies from a few years ago have just rebranded to "AI" companies.
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Sanrith Descartes
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tugofpeace
Pronouns: zie/zhem/zer
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Asshat Foler
Log Wizard
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Asshat Foler
Log Wizard
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I don’t claim to be an oracle but these are my totals for QBTS, RKLB and SOUN so far.
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Asshat Foler
Log Wizard
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Shit I had it when it was like 1300%? I’m long holding this bitch. Ride or die!
Lambourne
Bronze Baronet of the Realm
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Market cap isn't real money. If a company has 100 shares and one is sold for $1 the market cap is $100. If that one share is sold for $2 the next day, the market cap is $200. Only $3 actually changed hands.
It's an indication of what a company is valued at which is useful because the number of shares that exist for each company can vary wildly so you can't go off share value alone.
Asshat Foler
Log Wizard
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Nice AMD pop this morning at 4.5%. Where are my other AMD-brethren at?
Sanrith Descartes
don’t you have a position?
Sanrith Descartes
don’t you have a position?I'm up 100% on AMD right now, i bought it and Nvidia during the April dip. AI is the next boom/bubble, might as well play it.Nice AMD pop this morning at 4.5%. Where are my other AMD-brethren at?