I got in at 50 so i was late, sold because i wanted the money for other stocks. I got lucky

She speaks! & I agree with her, those of us who are focused on the companies who are disrupting every industry has been handed a gift these last few weeks.

This post was edited by S3th on Mar 5 2021 09:19pm

Strong finish today.

What should we see next week 🤔 🧐

TSLA is looking cheap right now, p/e is only 938

Just read an article in the FT where they think ARK may struggle to meet redemption if outflows continue. Something to consider if you're invested in it.

they had an incredible 2020 but so did anyone who was tech heavy. very near impossible to match that level of performance year in year out (also unrealistic but investors dont care especially the mega adhd ones of this generation)

What is Tesla's forward-looking PEs?

"Only" 108 lol

I think people that are very bearish on tesla view it as a car maker while bulls think it s a robotics tech company. The answer is probably somewhere in between.

p/e is a shitty way to value high-growth companies anyways. A better ratio is price to sales. One may say Tesla is a bargain at a p/s of 18 when compared to a company like snow which has a p/s of 139

This post was edited by ofthevoid on Mar 6 2021 10:19am

I dont know what any of this means but im buying more

Indeed, anybody that brings forth the argument of "p/e ratio" in the context of a growth stock makes me cringe. Let's take a look at $AMZN as an example, which had a price of ~$100 ten years ago, however it had a P/E ratio of 60-110 during this time. Would end up scoring you a 3000% return. Same story holds true for any growth stock that ended up growing. The only thing that matters is whether the company is growing and how much it's growing in relation to its price.